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2021-09-09

this would make sense if PayPal had gone up on Wednesday. But it too fell hard. So this analysis is just... bullshit.

Why did Square Stock Fall on Wednesday?

2021-06-08

Cool

Apple in talks with CATL, BYD over battery supplies for its electric car -sources

2021-11-20

Weird

Rivian, Ford cancel plans to jointly develop an electric vehicle, report says

2021-06-08

Cool

Nio Says Dip Seen In May Deliveries Wasn't Due To Chip Shortage

2021-06-08

Cool

抱歉，原内容已删除

2021-06-21

dumb shit analysis. Apple is also venturing further into the M1 chip and will start producing EVs in a few years. Every day there is some shitty jargon filled stale analysis

Apple: Winter Is Coming

2021-12-08

Grab won't be around in about 5 years. There's intense competition in every field they're in and as a business they've shown themselves to be completely incapable

The Grab IPO's Many, Many Problems

2021-06-30

Absolutely dumb. Why would it close 10.22% higher when it is 'affected' by this news. What kind of trash news and insight is this??

Coupang(CPNG.US)收涨逾10%，传高盛考虑要求提前偿还2.65亿美元贷款

2021-06-08

Cool

Stocks making the biggest moves after hours: Stitch Fix, Marvell, Coupa and more

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won't be around in about 5 years. There's intense competition in every field they're in and as a business they've shown themselves to be completely incapable","listText":"Grab won't be around in about 5 years. There's intense competition in every field they're in and as a business they've shown themselves to be completely incapable","text":"Grab won't be around in about 5 years. There's intense competition in every field they're in and as a business they've shown themselves to be completely incapable","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/602194438","repostId":"1115551422","repostType":2,"repost":{"id":"1115551422","kind":"news","pubTimestamp":1638933173,"share":"https://www.laohu8.com/m/news/1115551422?lang=&edition=full","pubTime":"2021-12-08 11:12","market":"us","language":"en","title":"The Grab IPO's Many, Many Problems","url":"https://stock-news.laohu8.com/highlight/detail?id=1115551422","media":"Seeking Alpha","summary":"Summary\n\nSoutheast Asian company Grab launched its public debut last week, but the price drastically","content":"<p>Summary</p>\n<ul>\n <li>Southeast Asian company Grab launched its public debut last week, but the price drastically fell, and it currently has a market cap of about $35 billion.</li>\n <li>Grab is competing in a rich market and offers a wide range of services, but faces intense competition on multiple fronts from larger companies.</li>\n <li>Grab’s revenue is growing rapidly, but it lacks a sustained history, and its profitability and valuation numbers need significant improvement.</li>\n <li>Given the above factors, investors should not consider this IPO.</li>\n</ul>\n<p>The past few days have not gone well for southeast Asian company Grab(NASDAQ:GRAB). The company, or rather the SPAC it merged with known as Altimeter Growth Corp, debuted its IPO last Thursday at a price of $13.05, achieving a valuation of nearly $40 billion and making it one of the largest IPOs of the year. But as&nbsp;CNN&nbsp;reported, the company's valuation declined by 21%. As of the time of writing Monday morning, Grab currently has a share price of $8.99, giving it a market cap of around $35 billion.</p>\n<p>Company president Ming Maa put a brave face on this initial result, telling&nbsp;Fortune&nbsp;that Southeast Asia is on the cusp of a digital revolution and that he believes Grab can grow rapidly and become profitable. But when one looks at Grab's financial numbers and prospects, there are many reasons to be very concerned about this company's future. Grab could very well become another Uber(NYSE:UBER), which after its recent fall is now trading below its IPO price of 2.5 years ago.</p>\n<p><b>The Company Problem</b></p>\n<p>Grab is at its core a ridesharing company and debuted as a taxi app in Malaysia in 2012. But like Uber, it aims to be so much more. The company states in its&nbsp;prospectus&nbsp;that:</p>\n<blockquote>\n \"We enable millions of people each day to access driver- and merchant-partners to order food or groceries, send packages, hail a ride or taxi, pay for online purchases or access services such as lending, insurance, wealth management and telemedicine.\"\n</blockquote>\n<p>It operates across eight countries in the Southeast Asian region.</p>\n<p>At its core, Grab has three main businesses. Its first and most important is ride-hailing, which connects five million \"driver-partners\" with customers. Second, it focuses on food delivery, whether from restaurants or from grocery stores. Finally, Grab has begun focusing on financial services, which includes GrabPay, GrabInsure, and GrabFinance among others. GrabPay is a digital payments solution, GrabInsure offers a variety of insurance, including critical illness insurance and travel insurance, and GrabFinance provides access to loans.</p>\n<p>In short, Grab is offering a wide range of services and products to a region which is rapidly growing and becoming more affluent. Despite going public in the US, Grab is primarily focused with no plans to expand outside the region. Southeast Asia has been badly hit by COVID, and worries about the omicron variant could further decrease economic growth forecasts.</p>\n<p>But the region has plenty of potential, in terms of digital growth and a wealthier population. Grab expects the \"total addressable market to grow from approximately $52 billion in 2020 to more than $180 billion by 2025.\"</p>\n<p>The problem is that, while Grab's potential is high, it also faces intense competition in all these fields. This is especially so in the financial services sector, where Apple(NASDAQ:AAPL)and Google Pay(NASDAQ:GOOGL)(NASDAQ:GOOG)have become active recently. Grab does not have any distinguishing moat which uniquely distinguishes itself from its competitors. And as we have seen with Uber, competition means that ridesharing companies are forced to offer cutthroat rates and discounts, impacting their financial numbers and upsetting their workers.</p>\n<p><b>The Financial Problem</b></p>\n<p>Those discounts and cutthroat rates will be a further problem given Grab's financial situation. The good news is that Grab grew dramatically in over the past year. It reported a revenue of $396 million in the first half of 2021, a 406% growth compared to the same period in 2020.</p>\n<p>But while the revenue growth is impressive, Grab does not have a history of sustained revenue growth. The fact that it reported a revenue of$157 million&nbsp;for the 2021 third quarter, down 9% year to year thanks to increasing COVID restrictions, should further worry investors about whether Grab can maintain such high growth in the face of tough competition.</p>\n<p>Furthermore, its profitability numbers are awful. While tech companies losing money is nothing unusual, Grab did not even make a gross profit in the first half of 2021, with a cost of revenue of $507 million. Its total net loss was $1.4 billion over that timeframe.</p>\n<p>Grab wants to use a figure called adjusted EBITDA, which shows that its earnings improved from a loss of $550 million in the first half of 2020 to a loss of $325 million in 2021. But even if we are to accept this, we are once again looking at a lack of a history of sustained profitability growth. As Uber and Lyft (NASDAQ:LYFT) show, it is not easy to assume that a ridesharing company can become profitable anytime soon.</p>\n<p>Finally, there is the matter of Grab's $35 billion valuation. Grab had $14 billion in total liabilities and $3.6 billion in cash as of June 30, 2021. This gives the company an enterprise value of about $45 billion. If we extrapolate Grab's 2021 first half revenue over the entire year, that gives the company a ludicrous EV/revenue ratio of 56.8. Even this number could be higher, given that its second half revenue probably will not reach its first half, given its disappointing third quarter numbers.</p>\n<p>By contrast, Uber has an EV/revenue of about 5. While Uber is of course a far more established company, Grab's lower valuation is still ridiculously high even by the standards of a tech company.</p>\n<p><b>The Final Problem</b></p>\n<p>Ridesharing companies have not been good investments so far, with Uber and Lyft both falling below their IPO price. But even those companies, warts and all, are still much better investments than Grab. Whether we look at its outsized valuation, its recent drop in revenue, or the competitive nature of its markets, there is little reason to seriously consider this IPO. While it has major potential should things go well, this is already baked into the price. Investors should not even remotely consider this IPO.</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Grab IPO's Many, Many Problems</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Grab IPO's Many, Many Problems\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-08 11:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4473779-grab-stock-ipo-many-problems><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nSoutheast Asian company Grab launched its public debut last week, but the price drastically fell, and it currently has a market cap of about $35 billion.\nGrab is competing in a rich market ...</p>\n\n<a href=\"https://seekingalpha.com/article/4473779-grab-stock-ipo-many-problems\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GRAB":"Grab Holdings"},"source_url":"https://seekingalpha.com/article/4473779-grab-stock-ipo-many-problems","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1115551422","content_text":"Summary\n\nSoutheast Asian company Grab launched its public debut last week, but the price drastically fell, and it currently has a market cap of about $35 billion.\nGrab is competing in a rich market and offers a wide range of services, but faces intense competition on multiple fronts from larger companies.\nGrab’s revenue is growing rapidly, but it lacks a sustained history, and its profitability and valuation numbers need significant improvement.\nGiven the above factors, investors should not consider this IPO.\n\nThe past few days have not gone well for southeast Asian company Grab(NASDAQ:GRAB). The company, or rather the SPAC it merged with known as Altimeter Growth Corp, debuted its IPO last Thursday at a price of $13.05, achieving a valuation of nearly $40 billion and making it one of the largest IPOs of the year. But as CNN reported, the company's valuation declined by 21%. As of the time of writing Monday morning, Grab currently has a share price of $8.99, giving it a market cap of around $35 billion.\nCompany president Ming Maa put a brave face on this initial result, telling Fortune that Southeast Asia is on the cusp of a digital revolution and that he believes Grab can grow rapidly and become profitable. But when one looks at Grab's financial numbers and prospects, there are many reasons to be very concerned about this company's future. Grab could very well become another Uber(NYSE:UBER), which after its recent fall is now trading below its IPO price of 2.5 years ago.\nThe Company Problem\nGrab is at its core a ridesharing company and debuted as a taxi app in Malaysia in 2012. But like Uber, it aims to be so much more. The company states in its prospectus that:\n\n \"We enable millions of people each day to access driver- and merchant-partners to order food or groceries, send packages, hail a ride or taxi, pay for online purchases or access services such as lending, insurance, wealth management and telemedicine.\"\n\nIt operates across eight countries in the Southeast Asian region.\nAt its core, Grab has three main businesses. Its first and most important is ride-hailing, which connects five million \"driver-partners\" with customers. Second, it focuses on food delivery, whether from restaurants or from grocery stores. Finally, Grab has begun focusing on financial services, which includes GrabPay, GrabInsure, and GrabFinance among others. GrabPay is a digital payments solution, GrabInsure offers a variety of insurance, including critical illness insurance and travel insurance, and GrabFinance provides access to loans.\nIn short, Grab is offering a wide range of services and products to a region which is rapidly growing and becoming more affluent. Despite going public in the US, Grab is primarily focused with no plans to expand outside the region. Southeast Asia has been badly hit by COVID, and worries about the omicron variant could further decrease economic growth forecasts.\nBut the region has plenty of potential, in terms of digital growth and a wealthier population. Grab expects the \"total addressable market to grow from approximately $52 billion in 2020 to more than $180 billion by 2025.\"\nThe problem is that, while Grab's potential is high, it also faces intense competition in all these fields. This is especially so in the financial services sector, where Apple(NASDAQ:AAPL)and Google Pay(NASDAQ:GOOGL)(NASDAQ:GOOG)have become active recently. Grab does not have any distinguishing moat which uniquely distinguishes itself from its competitors. And as we have seen with Uber, competition means that ridesharing companies are forced to offer cutthroat rates and discounts, impacting their financial numbers and upsetting their workers.\nThe Financial Problem\nThose discounts and cutthroat rates will be a further problem given Grab's financial situation. The good news is that Grab grew dramatically in over the past year. It reported a revenue of $396 million in the first half of 2021, a 406% growth compared to the same period in 2020.\nBut while the revenue growth is impressive, Grab does not have a history of sustained revenue growth. The fact that it reported a revenue of$157 million for the 2021 third quarter, down 9% year to year thanks to increasing COVID restrictions, should further worry investors about whether Grab can maintain such high growth in the face of tough competition.\nFurthermore, its profitability numbers are awful. While tech companies losing money is nothing unusual, Grab did not even make a gross profit in the first half of 2021, with a cost of revenue of $507 million. Its total net loss was $1.4 billion over that timeframe.\nGrab wants to use a figure called adjusted EBITDA, which shows that its earnings improved from a loss of $550 million in the first half of 2020 to a loss of $325 million in 2021. But even if we are to accept this, we are once again looking at a lack of a history of sustained profitability growth. As Uber and Lyft (NASDAQ:LYFT) show, it is not easy to assume that a ridesharing company can become profitable anytime soon.\nFinally, there is the matter of Grab's $35 billion valuation. Grab had $14 billion in total liabilities and $3.6 billion in cash as of June 30, 2021. This gives the company an enterprise value of about $45 billion. If we extrapolate Grab's 2021 first half revenue over the entire year, that gives the company a ludicrous EV/revenue ratio of 56.8. Even this number could be higher, given that its second half revenue probably will not reach its first half, given its disappointing third quarter numbers.\nBy contrast, Uber has an EV/revenue of about 5. While Uber is of course a far more established company, Grab's lower valuation is still ridiculously high even by the standards of a tech company.\nThe Final Problem\nRidesharing companies have not been good investments so far, with Uber and Lyft both falling below their IPO price. But even those companies, warts and all, are still much better investments than Grab. Whether we look at its outsized valuation, its recent drop in revenue, or the competitive nature of its markets, there is little reason to seriously consider this IPO. While it has major potential should things go well, this is already baked into the price. Investors should not even remotely consider this IPO.","news_type":1},"isVote":1,"tweetType":1,"viewCount":754,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":872040388,"gmtCreate":1637379942545,"gmtModify":1637379942614,"author":{"id":"3584109569464854","authorId":"3584109569464854","name":"crusadersg","avatar":"https://static.tigerbbs.com/6c8e00fed7da0efda8cbfe07749711b5","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584109569464854","authorIdStr":"3584109569464854"},"themes":[],"htmlText":"Weird","listText":"Weird","text":"Weird","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/872040388","repostId":"2184184472","repostType":4,"repost":{"id":"2184184472","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1637366212,"share":"https://www.laohu8.com/m/news/2184184472?lang=&edition=full","pubTime":"2021-11-20 07:56","market":"us","language":"en","title":"Rivian, Ford cancel plans to jointly develop an electric vehicle, report says","url":"https://stock-news.laohu8.com/highlight/detail?id=2184184472","media":"Dow Jones","summary":"Ford has 'growing confidence' it can build EVs on its own, CEO says\nRivian Automotive Inc. and Ford ","content":"<p>Ford has 'growing confidence' it can build EVs on its own, CEO says</p>\n<p>Rivian Automotive Inc. and Ford Motor Co. are halting plans to develop an electric vehicle, Automotive News said Friday, citing an interview with Ford's Chief Executive Jim Farley.</p>\n<p><a href=\"https://laohu8.com/S/RIVN\">Rivian </a> stock added to gains after the report, while <a href=\"https://laohu8.com/S/F\">Ford </a> stock headed lower. Farley told Automotive News that the legacy auto maker, which has a stake in the EV startup, has \"growing confidence\" on its ability to \"win the electric space\" and develop its own vehicles, despite having a love for Rivian's future.</p>\n<p>Farley took to <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> on Thursday to expand on Ford's plans for EVs, promising that the company is ready to do \"whatever it takes\" to be the second largest EV maker in the U.S after <a href=\"https://laohu8.com/S/TSLA\">Tesla Inc. </a></p>\n<p>Rivian debuted as a public company offering last week and the stock ended up 4.2% on Friday, bringing weekly losses to 1% after two straight days of 15% drops.</p>\n<p>Rivian expects volume sales for its electric pickup truck and SUV next year, billing them as EVs for outdoor adventures. It also plans on electric last-mile vans for Amazon.com Inc., which also has a stake in the startup, and to have its own network of chargers.</p>\n<p>Ford has taken some of its best-selling vehicles to offer as an EV, including electric versions of its F-150 pickup truck, the Transit van, and the Mustang muscle car.</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>Rivian, Ford cancel plans to jointly develop an electric vehicle, report says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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\">\nRivian, Ford cancel plans to jointly develop an electric vehicle, report says\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-11-20 07:56</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Ford has 'growing confidence' it can build EVs on its own, CEO says</p>\n<p>Rivian Automotive Inc. and Ford Motor Co. are halting plans to develop an electric vehicle, Automotive News said Friday, citing an interview with Ford's Chief Executive Jim Farley.</p>\n<p><a href=\"https://laohu8.com/S/RIVN\">Rivian </a> stock added to gains after the report, while <a href=\"https://laohu8.com/S/F\">Ford </a> stock headed lower. Farley told Automotive News that the legacy auto maker, which has a stake in the EV startup, has \"growing confidence\" on its ability to \"win the electric space\" and develop its own vehicles, despite having a love for Rivian's future.</p>\n<p>Farley took to <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> on Thursday to expand on Ford's plans for EVs, promising that the company is ready to do \"whatever it takes\" to be the second largest EV maker in the U.S after <a href=\"https://laohu8.com/S/TSLA\">Tesla Inc. </a></p>\n<p>Rivian debuted as a public company offering last week and the stock ended up 4.2% on Friday, bringing weekly losses to 1% after two straight days of 15% drops.</p>\n<p>Rivian expects volume sales for its electric pickup truck and SUV next year, billing them as EVs for outdoor adventures. It also plans on electric last-mile vans for Amazon.com Inc., which also has a stake in the startup, and to have its own network of chargers.</p>\n<p>Ford has taken some of its best-selling vehicles to offer as an EV, including electric versions of its F-150 pickup truck, the Transit van, and the Mustang muscle car.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"F":"福特汽车","RIVN":"Rivian Automotive, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2184184472","content_text":"Ford has 'growing confidence' it can build EVs on its own, CEO says\nRivian Automotive Inc. and Ford Motor Co. are halting plans to develop an electric vehicle, Automotive News said Friday, citing an interview with Ford's Chief Executive Jim Farley.\nRivian  stock added to gains after the report, while Ford  stock headed lower. Farley told Automotive News that the legacy auto maker, which has a stake in the EV startup, has \"growing confidence\" on its ability to \"win the electric space\" and develop its own vehicles, despite having a love for Rivian's future.\nFarley took to Twitter on Thursday to expand on Ford's plans for EVs, promising that the company is ready to do \"whatever it takes\" to be the second largest EV maker in the U.S after Tesla Inc. \nRivian debuted as a public company offering last week and the stock ended up 4.2% on Friday, bringing weekly losses to 1% after two straight days of 15% drops.\nRivian expects volume sales for its electric pickup truck and SUV next year, billing them as EVs for outdoor adventures. It also plans on electric last-mile vans for Amazon.com Inc., which also has a stake in the startup, and to have its own network of chargers.\nFord has taken some of its best-selling vehicles to offer as an EV, including electric versions of its F-150 pickup truck, the Transit van, and the Mustang muscle car.","news_type":1},"isVote":1,"tweetType":1,"viewCount":273,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":889517326,"gmtCreate":1631157892165,"gmtModify":1631886032416,"author":{"id":"3584109569464854","authorId":"3584109569464854","name":"crusadersg","avatar":"https://static.tigerbbs.com/6c8e00fed7da0efda8cbfe07749711b5","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584109569464854","authorIdStr":"3584109569464854"},"themes":[],"htmlText":"this would make sense if PayPal had gone up on Wednesday. But it too fell hard. So this analysis is just... bullshit.","listText":"this would make sense if PayPal had gone up on Wednesday. But it too fell hard. So this analysis is just... bullshit.","text":"this would make sense if PayPal had gone up on Wednesday. But it too fell hard. So this analysis is just... bullshit.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/889517326","repostId":"1180369311","repostType":2,"repost":{"id":"1180369311","kind":"news","pubTimestamp":1631156393,"share":"https://www.laohu8.com/m/news/1180369311?lang=&edition=full","pubTime":"2021-09-09 10:59","market":"us","language":"en","title":"Why did Square Stock Fall on Wednesday?","url":"https://stock-news.laohu8.com/highlight/detail?id=1180369311","media":"Motley Fool","summary":"There are a few news items affecting shares of the fintech specialist.","content":"<p><b>What happened</b></p>\n<p>The stock market was having a generally weak session on Wednesday, with all three major averages in the red.However,<b>Square</b>&nbsp;has been a major underperformer. As of closed, shares of the&nbsp;fintech&nbsp;specialist fell&nbsp;about&nbsp;4%.</p>\n<p><b>So what</b></p>\n<p>There are three main stories and market forces that could be affecting Square's&nbsp;stock price today:</p>\n<ul>\n <li>On a positive note, the company announced the launch of its Square Register hardware in Canada, which could bring larger sellers in the key international market into Square's ecosystem.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4f5babd00ddbcef11a5c98b1035d5a50\" tg-width=\"2000\" tg-height=\"1297\" width=\"100%\" height=\"auto\"><span>IMAGE SOURCE: SQUARE.</span></p>\n<ul>\n <li>On the other hand, we learned that&nbsp;<b>PayPal</b>&nbsp;is spending $2.7 billion to acquire Japanese buy now, pay later (BNPL) company Paidy. Not only is Japan one of the few international markets where Square has a presence, this also signals that PayPal is pushing into the BNPL space more aggressively than previously thought. Remember that Square is spending $29 billion to acquire Afterpay, and PayPal becoming more interested in BNPL could change the competitive dynamics.</li>\n <li>Finally, there is quite a bit of general weakness in the tech sector today. While all three major averages are in the red, the tech-heavy&nbsp;<b>Nasdaq</b>&nbsp;is by far the worst performer, and many other high-growth tech stocks are among the market's worst performers.</li>\n</ul>\n<p><b>Now what</b></p>\n<p>The two company-specific news items are likely not what's causing today's move. While PayPal's push into the Japanese BNPL market is certainly not a positive factor for Square, it isn't likely to be a major needle-mover affecting the business.</p>\n<p>Today's move seems to be fueled by severe weakness in growth stocks more than anything else. While it's worth keeping an eye on the competitive pressures in the BNPL space, PayPal's news shouldn't be too alarming to shareholders.</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>Why did Square Stock Fall on Wednesday?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy did Square Stock Fall on Wednesday?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-09 10:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/09/08/why-is-square-falling-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happened\nThe stock market was having a generally weak session on Wednesday, with all three major averages in the red.However,Square has been a major underperformer. As of closed, shares of the ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/09/08/why-is-square-falling-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SQ":"Block"},"source_url":"https://www.fool.com/investing/2021/09/08/why-is-square-falling-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180369311","content_text":"What happened\nThe stock market was having a generally weak session on Wednesday, with all three major averages in the red.However,Square has been a major underperformer. As of closed, shares of the fintech specialist fell about 4%.\nSo what\nThere are three main stories and market forces that could be affecting Square's stock price today:\n\nOn a positive note, the company announced the launch of its Square Register hardware in Canada, which could bring larger sellers in the key international market into Square's ecosystem.\n\nIMAGE SOURCE: SQUARE.\n\nOn the other hand, we learned that PayPal is spending $2.7 billion to acquire Japanese buy now, pay later (BNPL) company Paidy. Not only is Japan one of the few international markets where Square has a presence, this also signals that PayPal is pushing into the BNPL space more aggressively than previously thought. Remember that Square is spending $29 billion to acquire Afterpay, and PayPal becoming more interested in BNPL could change the competitive dynamics.\nFinally, there is quite a bit of general weakness in the tech sector today. While all three major averages are in the red, the tech-heavy Nasdaq is by far the worst performer, and many other high-growth tech stocks are among the market's worst performers.\n\nNow what\nThe two company-specific news items are likely not what's causing today's move. While PayPal's push into the Japanese BNPL market is certainly not a positive factor for Square, it isn't likely to be a major needle-mover affecting the business.\nToday's move seems to be fueled by severe weakness in growth stocks more than anything else. While it's worth keeping an eye on the competitive pressures in the BNPL space, PayPal's news shouldn't be too alarming to shareholders.","news_type":1},"isVote":1,"tweetType":1,"viewCount":336,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":153855617,"gmtCreate":1625018701739,"gmtModify":1633945783660,"author":{"id":"3584109569464854","authorId":"3584109569464854","name":"crusadersg","avatar":"https://static.tigerbbs.com/6c8e00fed7da0efda8cbfe07749711b5","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584109569464854","authorIdStr":"3584109569464854"},"themes":[],"htmlText":"Absolutely dumb. Why would it close 10.22% higher when it is 'affected' by this news. What kind of trash news and insight is this??","listText":"Absolutely dumb. Why would it close 10.22% higher when it is 'affected' by this news. What kind of trash news and insight is this??","text":"Absolutely dumb. Why would it close 10.22% higher when it is 'affected' by this news. What kind of trash news and insight is this??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/153855617","repostId":"2147929898","repostType":2,"repost":{"id":"2147929898","kind":"news","pubTimestamp":1625009930,"share":"https://www.laohu8.com/m/news/2147929898?lang=&edition=full","pubTime":"2021-06-30 07:38","market":"hk","language":"zh","title":"Coupang(CPNG.US)收涨逾10%，传高盛考虑要求提前偿还2.65亿美元贷款","url":"https://stock-news.laohu8.com/highlight/detail?id=2147929898","media":"智通财经","summary":"智通财经APP获悉，据相关媒体报道，因韩国电商巨头Coupang(CPNG.US)近期发生火灾事件，高盛开始研究是否要求提前偿还为该公司两家物流中心提供的2.65亿美元贷款。报道指出，如果高盛将此次火灾视为违约事件，并要求偿还贷款，那么Coupang或将能获得更为廉价的融资形式。Coupang此前表示，预计火灾造成的损失将高达数亿美元，并获得约3.2亿美元的保险索赔。受此消息影响， 截至收盘，Coupang收涨10.22%，报42.16美元。","content":"<html><body><p>智通财经APP获悉，据相关媒体报道，因韩国电商巨头Coupang(CPNG.US)近期发生火灾事件，<a href=\"https://laohu8.com/S/GS\">高盛</a>开始研究是否要求提前偿还为该公司两家物流中心提供的2.65亿美元贷款。</p><p>报道指出，如果高盛将此次火灾视为违约事件，并要求偿还贷款，那么Coupang或将能获得更为廉价的融资形式。</p><p>Coupang此前表示，预计火灾造成的损失将高达数亿美元，并获得约3.2亿美元的保险索赔。</p><p>受此消息影响， 截至收盘，Coupang收涨10.22%，报42.16美元。</p></body></html>","source":"stock_zhitongcaijing","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>Coupang(CPNG.US)收涨逾10%，传高盛考虑要求提前偿还2.65亿美元贷款</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\">\nCoupang(CPNG.US)收涨逾10%，传高盛考虑要求提前偿还2.65亿美元贷款\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-30 07:38 北京时间&nbsp;&nbsp;&nbsp;<a href=http://www.zhitongcaijing.com/content/detail/504064.html><strong>智通财经</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>智通财经APP获悉，据相关媒体报道，因韩国电商巨头Coupang(CPNG.US)近期发生火灾事件，高盛开始研究是否要求提前偿还为该公司两家物流中心提供的2.65亿美元贷款。报道指出，如果高盛将此次火灾视为违约事件，并要求偿还贷款，那么Coupang或将能获得更为廉价的融资形式。Coupang此前表示，预计火灾造成的损失将高达数亿美元，并获得约3.2亿美元的保险索赔。受此消息影响， 截至收盘，...</p>\n\n<a href=\"http://www.zhitongcaijing.com/content/detail/504064.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/1b3684302211042d481cacf9066fbcca","relate_stocks":{"CPNG":"Coupang, Inc.","GS":"高盛"},"source_url":"http://www.zhitongcaijing.com/content/detail/504064.html","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2147929898","content_text":"智通财经APP获悉，据相关媒体报道，因韩国电商巨头Coupang(CPNG.US)近期发生火灾事件，高盛开始研究是否要求提前偿还为该公司两家物流中心提供的2.65亿美元贷款。报道指出，如果高盛将此次火灾视为违约事件，并要求偿还贷款，那么Coupang或将能获得更为廉价的融资形式。Coupang此前表示，预计火灾造成的损失将高达数亿美元，并获得约3.2亿美元的保险索赔。受此消息影响， 截至收盘，Coupang收涨10.22%，报42.16美元。","news_type":1},"isVote":1,"tweetType":1,"viewCount":347,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167823735,"gmtCreate":1624260388827,"gmtModify":1634008751209,"author":{"id":"3584109569464854","authorId":"3584109569464854","name":"crusadersg","avatar":"https://static.tigerbbs.com/6c8e00fed7da0efda8cbfe07749711b5","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584109569464854","authorIdStr":"3584109569464854"},"themes":[],"htmlText":"dumb shit analysis. Apple is also venturing further into the M1 chip and will start producing EVs in a few years. Every day there is some shitty jargon filled stale analysis","listText":"dumb shit analysis. Apple is also venturing further into the M1 chip and will start producing EVs in a few years. Every day there is some shitty jargon filled stale analysis","text":"dumb shit analysis. Apple is also venturing further into the M1 chip and will start producing EVs in a few years. Every day there is some shitty jargon filled stale analysis","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/167823735","repostId":"1175906479","repostType":4,"repost":{"id":"1175906479","kind":"news","pubTimestamp":1624242000,"share":"https://www.laohu8.com/m/news/1175906479?lang=&edition=full","pubTime":"2021-06-21 10:20","market":"us","language":"en","title":"Apple: Winter Is Coming","url":"https://stock-news.laohu8.com/highlight/detail?id=1175906479","media":"seekingalpha","summary":"Apple's stock has rallied 449% in the last five years, outperforming the 102% rise in the S&P 500 over the same period.I initiate Apple with a Neutral rating and a fair value of $111.42/share .In the enterprise market, customers across many industries are accelerating their adoption of iPhone 12 and 5G as a key platform for the future of their business. Delta Airlines, for example, is putting iPhone 12 and 5G connectivity into the hands of flight attendants so they can provide the best passenger","content":"<p><b>Summary</b></p>\n<ul>\n <li>Apple's stock has rallied 449% in the last five years, outperforming the 102% rise in the S&amp;P 500 over the same period.</li>\n <li>I initiate Apple with a Neutral rating and a fair value of $111.42/share (vs. the current price of $131.7/share).</li>\n <li>From the technical analysis point of view, the stock price is following its ascending triangle pattern and it is heading to the price target of $137/share.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a4dc5052119e6bbc5b693cf7385d8738\" tg-width=\"768\" tg-height=\"512\" referrerpolicy=\"no-referrer\"><span>Michael M. Santiago/Getty Images NewsCompany Overview</span></p>\n<p>Apple Inc (AAPL) stock has rallied 449% in the last five years, outperforming the 102% rise in the S&amp;P 500 over the same period. An outstanding return supported by underlying fundamentals. In particular, I would like to start the analysis with the latter.</p>\n<p>Over the last two decades, the dominant driver of Apple's success has been the iPhone. In 2016, iPhones accounted for 63% of total sales. This was a problem for Apple, and they knew it. The problem existed due to two main factors: first, the smartphone business was mature (with low growth rates); second, it was (and it is) a highly competitive business. However, Apple had something other competitors didn't have, a big iPhone owner base (which allows to sell more services for instance). Through the years Apple has been able to effectively diversify its revenue stream and it currently presents the structure represented below.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4602be0c6fa92191baf04a7496c4e024\" tg-width=\"640\" tg-height=\"363\" referrerpolicy=\"no-referrer\"><span>Source:Author's estimates using data from the latest 10-K report</span></p>\n<p>Let's now take a look at each of these segments:</p>\n<p><b>1. iPhone</b></p>\n<p>From 2016 to 2020, the iPhone segment grew at a CAGR of 0.20% and it changed from representing 63.4% (2016) of total sales to 51% (\"TTM\"). I present below the growth rate for the iPhone segment over the last 5 years (2016-TTM).</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/916b48499e3e3ed2c0c167af3ba62bdb\" tg-width=\"607\" tg-height=\"363\" referrerpolicy=\"no-referrer\"><span>Source:Author's estimates using data from the latest10-K report</span></p>\n<p>So far this year the iPhone segment is showing a growth rate of 18.5% TTM, fueled by the new family of iPhone12 with 5G capabilities, and with interesting data coming from China. I believe that the transition to 5G will be the main driver of the growth in this segment. In this manner, I would like to report a piece of the transcript from theQ2 earnings call.</p>\n<blockquote>\n <i>In the enterprise market, customers across many industries are accelerating their adoption of iPhone 12 and 5G as a key platform for the future of their business. Delta Airlines, for example, is putting iPhone 12 and 5G connectivity into the hands of flight attendants so they can provide the best passenger service possible as air travel rebounds.Openreach in the U.K. has started equipping tens of thousands of field engineers with iPhone 12 to speed up their deployment of broadband services to homes around the country. And UCHealth, a large health care provider in Colorado, was able to reduce per patient vaccination time from 3 minutes to only 30 seconds largely by moving from PC stations to iPhones. This has allowed their staff to rapidly scan and register new patients and vastly increase their daily vaccination capacity.</i>\n</blockquote>\n<p><b>2. iPad</b></p>\n<p>As it was in the past, the iPad segment is more or less a constant number as a % of total sales, 9.6% in 2016 vs 9.1% TTM. From 2016 to 2020, the iPad segment grew at a CAGR of 3.56% (with an improving overall trend). I present below the growth rate for the iPad segment over the last 5 years (2016-TTM).</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6faf9ddb8d29d662fcaa46bbda862f48\" tg-width=\"616\" tg-height=\"360\" referrerpolicy=\"no-referrer\"><span>Source:Author's estimates using data from the latest 10-K report</span></p>\n<p>The TTM numbers show us an interesting picture with a growth rate of 24.9% TTM for the iPad segment which are driven by 3 factors: the M1 chip, the new 5G capabilities, and the fact that we were all at home. I see a lot of ways in which this new generation of iPads can be implemented. However, I also have to admit that there is a big player swimming in the same sea, the new 2-1 Laptops. The new 2-1 Laptops are a very interesting solution for those looking to have the best of the two worlds. In this last view, the iPad segment may represent a lower % of total sales, around 7.8% (vs current 9.1%).</p>\n<p><b>3. Mac</b></p>\n<p>From 2016 to 2020, the Mac segment grew at a CAGR of 5.81%, and also here, as it is for the iPad segment, the Mac segment represents a more or less constant number as % of total sales 10.6% in 2016 vs 10.4% TTM. I present below the growth rate for the Mac segment over the last 5 years (2016-TTM).</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b2494d89c1d5cd70a4cf0c5fb31fb20a\" tg-width=\"614\" tg-height=\"363\" referrerpolicy=\"no-referrer\"><span>Source:Author's estimates using data from the latest 10-K report</span></p>\n<p>The generation of new Macs powered by the M1 chip seems to be appreciated by the customers, in fact, the Mac segment presents a growth rate of 18.4% TTM so far this year. I personally tried this new generation of Macs and I have to admit, Apple knows very well how to delight its customers. Personal PCs are a highly competitive market and, even if I like and I use Apple products, I prefer to work with a Lenovo.</p>\n<p><b>4. Wearables, Home, and Accessories (WH&amp;A)</b></p>\n<p>The Wearables, Home, and Accessories segment includes sales of AirPods, Apple TV, Apple Watch, Beats products, HomePod, etc. This is where it gets interesting. From 2016 to 2020, the WH&amp;A segment grew at a CAGR of 28.78%, and it changed from representing only 5.2% of total sales in 2016 to represent 10.8% TTM. I present below the growth rate for the WH&amp;A segment over the last 5 years (2016-TTM).</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e16432a1ae66aa9dda7a4f969a9cfcdf\" tg-width=\"607\" tg-height=\"357\" referrerpolicy=\"no-referrer\"><span>Source:Author's estimates using data from the latest 10-K report</span></p>\n<p>The WH&amp;A segment is showing a growth rate of 14.7% TTM driven by a strong performance from both Apple Watch Series 6 and Apple Watch SE. Apple Watch may have a very bright future in the years ahead, driven by Apple entering into the healthcare market. In fact, it can be used to monitor the health status of the person. Imagine you being close to having a heart attack, your Apple Watch may call an ambulance and save your life, not bad no? Finally, let's don't forget also the launch of Apple TV 4K and of the newest accessory, AirTag (I don't see a market for the latter, but I may be wrong).</p>\n<p><b>5. Services</b></p>\n<p>Services include sales from the Company’s advertising, AppleCare, digital content, and other services. From 2016 to 2020, the Services segment grew at a CAGR of 21.9% and it changed from representing 11.3% of total sales in 2016 to represent 18.6% TTM. I present below the growth rate for the Services segment over the last 5 years (2016-TTM).</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/af34eb1ba8fffd690a75318f8cf805f7\" tg-width=\"610\" tg-height=\"363\" referrerpolicy=\"no-referrer\"><span>Source:Author's estimates using data from the latest 10-K report</span></p>\n<p>To date, the Services segment is showing a growth rate of 12.3% TTM. The growth is driven by App Store, Cloud Services, Music, Advertising, and Payment Services. The new services, Apple TV+, Apple Arcade, Apple News+, and Apple Card, are also starting to contribute to overall services growth, and continue to add users, content, and features. I believe that in the future, the Services segment will be the company's dominant segment. Below I present an interesting part I extrapolated from theQ4 earnings call.</p>\n<blockquote>\n <i>First, our installed base continues to grow and is at an all-time high across each major product category. Second, the number of both transacting and paid accounts on our digital content stores reached a new all-time high during the September quarter, with paid accounts increasing double digits in each of our geographic segments.Third, paid subscriptions grew more than 35 million sequentially, and we now have over 585 million paid subscriptions across the services on our platform, up 135 million from just a year ago. With this momentum, we are very confident to reach and exceed our increased target of 600 million paid subscriptions before the end of calendar 2020.</i>\n</blockquote>\n<p><b>Company Analysis</b></p>\n<p>I initiate Apple with a Neutral rating and a fair value of $111.42/share (vs. the current price of $131.7/share). The fair value is an algorithm-adjusted value that accounts for different factors, fundamental and technical (e.g. DCF fair value, Momentum, etc.), and so it takes into consideration the Mr. Market mood. At the same time, the fair value which I obtained through the DCF model is equal to $105.68/share. Now before showing the results, the numbers used as the base are the trailing twelve-month numbers. Moreover, I also restated the financials since I capitalized on R&amp;D expenses with an amortizable life of 3 years. I don't believe that in the case of Apple, R&amp;D is an operating expense and for this reason, I treat it as CapEx. By taking into account the R&amp;D, the following metrics have been restated (all numbers in $mm).</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f7a2222a8e8b9088e619b0b971193a1f\" tg-width=\"569\" tg-height=\"262\" referrerpolicy=\"no-referrer\"><span>Source:Author's estimates using data from the latest 10-K report</span></p>\n<p>It is very important to capitalize on R&amp;D expense, if we don't, we are just keeping the company's biggest asset off-balance sheet.</p>\n<p><b>Discounted Cash Flow Model</b></p>\n<p>Now, let's turn to the discounted cash flow valuation part. Below, you can see the results with the relative assumptions I have made.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b2da633d931f51b493d897d9c87ecee5\" tg-width=\"640\" tg-height=\"262\" referrerpolicy=\"no-referrer\"><span>Source:Author's estimates using data from the latest 10-K report</span></p>\n<p>Now, this time I also present along with my estimates three possible scenarios:</p>\n<ul>\n <li><i>Base Case Scenario</i>: The above DCF model represents my base case scenario. In the base case scenario, I assume the drivers of growth to be: the iPhone segment (driven by 5G transition), the Services segment (driven by a broader customer base), and the new powered M1 Macs segment. Under this scenario, I assume a Y1 growth rate of 12%, a CAGR Y2-Y5 of 7.1%, and a target operating margin in Y10 of 27%. The DCF fair value under this scenario is $105.68/share.</li>\n <li><i>Best Case Scenario</i>: The business is booming! In the best-case scenario, I see again as the main drivers the one which I described for the base case scenario, however, in addition, I see a greater market penetration in China. Over the last 5 years, we can observe a falling pattern for sales in China, however, this year sales jumped 39.7% (with the iPhone segment rising substantially). Under this scenario, I assume a Y1 growth rate of 14%, a CAGR Y2-Y5 of 9.1%, and a target operating margin in Y10 of 30%. The DCF fair value under this scenario is $130.32/share.</li>\n <li><i>Worst Case Scenario</i>: Well, this is a scenario that I would like to call like \"mature company scenario\". Under this scenario I see Apple growing a little above the growth rate of the economy and for this reason, I assume a Y1 growth rate of 10%, a CAGR Y2-Y5 of 3.1%, and a target operating margin in Y10 of 25%. The DCF fair value under this scenario is $81.03/share.</li>\n</ul>\n<p>Finally, for each scenario, I see Apple entering into the health care market with its Apple Watch. As you can imagine, I assign a different likelihood of market penetration in each of these scenarios.</p>\n<p><b>Sensitivity Analysis</b></p>\n<p>Moreover, I also would like to provide the sensitivity analysis for the base case scenario.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/95f00eba768526d07d68fd846ecf998d\" tg-width=\"640\" tg-height=\"462\" referrerpolicy=\"no-referrer\"><span>Source:Author's estimates using data from the latest 10-K report</span></p>\n<p><b>Technical Analysis</b></p>\n<p>From the technical analysis point of view, I don't see any problem yet. The stock price is in a bullish mode, currently within an ascending triangle pattern. As of right now, the stock price is following its pattern and it is heading to the price target of $137/share or point D, where it is likely to bounce and head back to point E. If this scenario happens, point E is usually the point where stock price bounces once again and from that point, the stock goes higher (it is just a technical analysis assumption, take it as is).</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ecf3e5f45dcb5e30b092c02bbf94d6f9\" tg-width=\"640\" tg-height=\"317\" referrerpolicy=\"no-referrer\"><span>Source:TradingView.com</span></p>\n<p><b>Final Thoughts</b></p>\n<p>Apple is a mature company that is able to see a problem and solve it years ahead. By looking at the fair value, computed under the base case scenario, we can argue that the stock is currently overvalued but not by that much. For what concern risks, the difference between the best-case and the worst-case scenario can be used as a proxy of risk. Taking this into consideration I don't see big reasoning to panic, however, it is also true that I see an upcoming correction for the market. Many indicators, technical and fundamental, are suggesting to me that the market is too heavy right now (even if the S&amp;P500 may go higher, perhaps in the 4400 area). To conclude, I don't think to close out my whole Apple position, however, I will close out 60% of it once it reaches my price target.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple: Winter Is Coming</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple: Winter Is Coming\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-21 10:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4435760-apple-stock-aapl-winter-is-coming><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nApple's stock has rallied 449% in the last five years, outperforming the 102% rise in the S&P 500 over the same period.\nI initiate Apple with a Neutral rating and a fair value of $111.42/...</p>\n\n<a href=\"https://seekingalpha.com/article/4435760-apple-stock-aapl-winter-is-coming\">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/4435760-apple-stock-aapl-winter-is-coming","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175906479","content_text":"Summary\n\nApple's stock has rallied 449% in the last five years, outperforming the 102% rise in the S&P 500 over the same period.\nI initiate Apple with a Neutral rating and a fair value of $111.42/share (vs. the current price of $131.7/share).\nFrom the technical analysis point of view, the stock price is following its ascending triangle pattern and it is heading to the price target of $137/share.\n\nMichael M. Santiago/Getty Images NewsCompany Overview\nApple Inc (AAPL) stock has rallied 449% in the last five years, outperforming the 102% rise in the S&P 500 over the same period. An outstanding return supported by underlying fundamentals. In particular, I would like to start the analysis with the latter.\nOver the last two decades, the dominant driver of Apple's success has been the iPhone. In 2016, iPhones accounted for 63% of total sales. This was a problem for Apple, and they knew it. The problem existed due to two main factors: first, the smartphone business was mature (with low growth rates); second, it was (and it is) a highly competitive business. However, Apple had something other competitors didn't have, a big iPhone owner base (which allows to sell more services for instance). Through the years Apple has been able to effectively diversify its revenue stream and it currently presents the structure represented below.\nSource:Author's estimates using data from the latest 10-K report\nLet's now take a look at each of these segments:\n1. iPhone\nFrom 2016 to 2020, the iPhone segment grew at a CAGR of 0.20% and it changed from representing 63.4% (2016) of total sales to 51% (\"TTM\"). I present below the growth rate for the iPhone segment over the last 5 years (2016-TTM).\nSource:Author's estimates using data from the latest10-K report\nSo far this year the iPhone segment is showing a growth rate of 18.5% TTM, fueled by the new family of iPhone12 with 5G capabilities, and with interesting data coming from China. I believe that the transition to 5G will be the main driver of the growth in this segment. In this manner, I would like to report a piece of the transcript from theQ2 earnings call.\n\nIn the enterprise market, customers across many industries are accelerating their adoption of iPhone 12 and 5G as a key platform for the future of their business. Delta Airlines, for example, is putting iPhone 12 and 5G connectivity into the hands of flight attendants so they can provide the best passenger service possible as air travel rebounds.Openreach in the U.K. has started equipping tens of thousands of field engineers with iPhone 12 to speed up their deployment of broadband services to homes around the country. And UCHealth, a large health care provider in Colorado, was able to reduce per patient vaccination time from 3 minutes to only 30 seconds largely by moving from PC stations to iPhones. This has allowed their staff to rapidly scan and register new patients and vastly increase their daily vaccination capacity.\n\n2. iPad\nAs it was in the past, the iPad segment is more or less a constant number as a % of total sales, 9.6% in 2016 vs 9.1% TTM. From 2016 to 2020, the iPad segment grew at a CAGR of 3.56% (with an improving overall trend). I present below the growth rate for the iPad segment over the last 5 years (2016-TTM).\nSource:Author's estimates using data from the latest 10-K report\nThe TTM numbers show us an interesting picture with a growth rate of 24.9% TTM for the iPad segment which are driven by 3 factors: the M1 chip, the new 5G capabilities, and the fact that we were all at home. I see a lot of ways in which this new generation of iPads can be implemented. However, I also have to admit that there is a big player swimming in the same sea, the new 2-1 Laptops. The new 2-1 Laptops are a very interesting solution for those looking to have the best of the two worlds. In this last view, the iPad segment may represent a lower % of total sales, around 7.8% (vs current 9.1%).\n3. Mac\nFrom 2016 to 2020, the Mac segment grew at a CAGR of 5.81%, and also here, as it is for the iPad segment, the Mac segment represents a more or less constant number as % of total sales 10.6% in 2016 vs 10.4% TTM. I present below the growth rate for the Mac segment over the last 5 years (2016-TTM).\nSource:Author's estimates using data from the latest 10-K report\nThe generation of new Macs powered by the M1 chip seems to be appreciated by the customers, in fact, the Mac segment presents a growth rate of 18.4% TTM so far this year. I personally tried this new generation of Macs and I have to admit, Apple knows very well how to delight its customers. Personal PCs are a highly competitive market and, even if I like and I use Apple products, I prefer to work with a Lenovo.\n4. Wearables, Home, and Accessories (WH&A)\nThe Wearables, Home, and Accessories segment includes sales of AirPods, Apple TV, Apple Watch, Beats products, HomePod, etc. This is where it gets interesting. From 2016 to 2020, the WH&A segment grew at a CAGR of 28.78%, and it changed from representing only 5.2% of total sales in 2016 to represent 10.8% TTM. I present below the growth rate for the WH&A segment over the last 5 years (2016-TTM).\nSource:Author's estimates using data from the latest 10-K report\nThe WH&A segment is showing a growth rate of 14.7% TTM driven by a strong performance from both Apple Watch Series 6 and Apple Watch SE. Apple Watch may have a very bright future in the years ahead, driven by Apple entering into the healthcare market. In fact, it can be used to monitor the health status of the person. Imagine you being close to having a heart attack, your Apple Watch may call an ambulance and save your life, not bad no? Finally, let's don't forget also the launch of Apple TV 4K and of the newest accessory, AirTag (I don't see a market for the latter, but I may be wrong).\n5. Services\nServices include sales from the Company’s advertising, AppleCare, digital content, and other services. From 2016 to 2020, the Services segment grew at a CAGR of 21.9% and it changed from representing 11.3% of total sales in 2016 to represent 18.6% TTM. I present below the growth rate for the Services segment over the last 5 years (2016-TTM).\nSource:Author's estimates using data from the latest 10-K report\nTo date, the Services segment is showing a growth rate of 12.3% TTM. The growth is driven by App Store, Cloud Services, Music, Advertising, and Payment Services. The new services, Apple TV+, Apple Arcade, Apple News+, and Apple Card, are also starting to contribute to overall services growth, and continue to add users, content, and features. I believe that in the future, the Services segment will be the company's dominant segment. Below I present an interesting part I extrapolated from theQ4 earnings call.\n\nFirst, our installed base continues to grow and is at an all-time high across each major product category. Second, the number of both transacting and paid accounts on our digital content stores reached a new all-time high during the September quarter, with paid accounts increasing double digits in each of our geographic segments.Third, paid subscriptions grew more than 35 million sequentially, and we now have over 585 million paid subscriptions across the services on our platform, up 135 million from just a year ago. With this momentum, we are very confident to reach and exceed our increased target of 600 million paid subscriptions before the end of calendar 2020.\n\nCompany Analysis\nI initiate Apple with a Neutral rating and a fair value of $111.42/share (vs. the current price of $131.7/share). The fair value is an algorithm-adjusted value that accounts for different factors, fundamental and technical (e.g. DCF fair value, Momentum, etc.), and so it takes into consideration the Mr. Market mood. At the same time, the fair value which I obtained through the DCF model is equal to $105.68/share. Now before showing the results, the numbers used as the base are the trailing twelve-month numbers. Moreover, I also restated the financials since I capitalized on R&D expenses with an amortizable life of 3 years. I don't believe that in the case of Apple, R&D is an operating expense and for this reason, I treat it as CapEx. By taking into account the R&D, the following metrics have been restated (all numbers in $mm).\nSource:Author's estimates using data from the latest 10-K report\nIt is very important to capitalize on R&D expense, if we don't, we are just keeping the company's biggest asset off-balance sheet.\nDiscounted Cash Flow Model\nNow, let's turn to the discounted cash flow valuation part. Below, you can see the results with the relative assumptions I have made.\nSource:Author's estimates using data from the latest 10-K report\nNow, this time I also present along with my estimates three possible scenarios:\n\nBase Case Scenario: The above DCF model represents my base case scenario. In the base case scenario, I assume the drivers of growth to be: the iPhone segment (driven by 5G transition), the Services segment (driven by a broader customer base), and the new powered M1 Macs segment. Under this scenario, I assume a Y1 growth rate of 12%, a CAGR Y2-Y5 of 7.1%, and a target operating margin in Y10 of 27%. The DCF fair value under this scenario is $105.68/share.\nBest Case Scenario: The business is booming! In the best-case scenario, I see again as the main drivers the one which I described for the base case scenario, however, in addition, I see a greater market penetration in China. Over the last 5 years, we can observe a falling pattern for sales in China, however, this year sales jumped 39.7% (with the iPhone segment rising substantially). Under this scenario, I assume a Y1 growth rate of 14%, a CAGR Y2-Y5 of 9.1%, and a target operating margin in Y10 of 30%. The DCF fair value under this scenario is $130.32/share.\nWorst Case Scenario: Well, this is a scenario that I would like to call like \"mature company scenario\". Under this scenario I see Apple growing a little above the growth rate of the economy and for this reason, I assume a Y1 growth rate of 10%, a CAGR Y2-Y5 of 3.1%, and a target operating margin in Y10 of 25%. The DCF fair value under this scenario is $81.03/share.\n\nFinally, for each scenario, I see Apple entering into the health care market with its Apple Watch. As you can imagine, I assign a different likelihood of market penetration in each of these scenarios.\nSensitivity Analysis\nMoreover, I also would like to provide the sensitivity analysis for the base case scenario.\nSource:Author's estimates using data from the latest 10-K report\nTechnical Analysis\nFrom the technical analysis point of view, I don't see any problem yet. The stock price is in a bullish mode, currently within an ascending triangle pattern. As of right now, the stock price is following its pattern and it is heading to the price target of $137/share or point D, where it is likely to bounce and head back to point E. If this scenario happens, point E is usually the point where stock price bounces once again and from that point, the stock goes higher (it is just a technical analysis assumption, take it as is).\nSource:TradingView.com\nFinal Thoughts\nApple is a mature company that is able to see a problem and solve it years ahead. By looking at the fair value, computed under the base case scenario, we can argue that the stock is currently overvalued but not by that much. For what concern risks, the difference between the best-case and the worst-case scenario can be used as a proxy of risk. Taking this into consideration I don't see big reasoning to panic, however, it is also true that I see an upcoming correction for the market. Many indicators, technical and fundamental, are suggesting to me that the market is too heavy right now (even if the S&P500 may go higher, perhaps in the 4400 area). To conclude, I don't think to close out my whole Apple position, however, I will close out 60% of it once it reaches my price target.","news_type":1},"isVote":1,"tweetType":1,"viewCount":256,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":117875281,"gmtCreate":1623133915843,"gmtModify":1634036581509,"author":{"id":"3584109569464854","authorId":"3584109569464854","name":"crusadersg","avatar":"https://static.tigerbbs.com/6c8e00fed7da0efda8cbfe07749711b5","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584109569464854","authorIdStr":"3584109569464854"},"themes":[],"htmlText":"Cool&nbsp;","listText":"Cool&nbsp;","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/117875281","repostId":"1176974493","repostType":4,"repost":{"id":"1176974493","kind":"news","pubTimestamp":1623131372,"share":"https://www.laohu8.com/m/news/1176974493?lang=&edition=full","pubTime":"2021-06-08 13:49","market":"us","language":"en","title":"Nio Says Dip Seen In May Deliveries Wasn't Due To Chip Shortage","url":"https://stock-news.laohu8.com/highlight/detail?id=1176974493","media":"benzinga","summary":"Chinese electric vehicle maker Nio Inc. said that the slight sequential decline in its deliveries fo","content":"<p>Chinese electric vehicle maker&nbsp;<b>Nio Inc</b>.&nbsp;said that the slight sequential decline in its deliveries for the month of May was not due to the ongoing global semiconductor chip shortage, cnEVpostreportedMonday.</p><p><b>What Happened:</b>The main reason for the5.5% declinein Nio’s May deliveries compared to April were due to a change made by the State Taxation Administration (STA) in China’s auto invoice rules, the report quoted Nio co-founder and president Qin Lihong as saying in a media interview. Nio’s May sales surged 95.3% on a year-over-year basis.</p><p>The STA made the change in the auto invoice rules as previous rules for issuing car invoices may have enabled automakers or dealers to exploit loopholes and create false invoices, according to the report.</p><p>Qin reportedly said that the change delayed Nio’s average delivery time by four days. Excluding invoicing, the company would have been able to go from order receipt to delivery in a little more than two weeks.</p><p><b>Why It Matters:</b>May marked the third straight month of decline in terms of deliveries so far this year for Nio.</p><p>Nio had said that its May delivery numbers were adversely hurt for several days due to the volatile semiconductor supply and “certain logistical adjustments,” but had not specified what those adjustments were.</p><p><b>Price Action</b>: Nio shares closed almost 4.2% higher in Monday’s regular trading session at $43.68, but declined 0.3% in the after-hours session to $43.53.</p>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nio Says Dip Seen In May Deliveries Wasn't Due To Chip Shortage</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNio Says Dip Seen In May Deliveries Wasn't Due To Chip Shortage\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-08 13:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/news/21/06/21463926/nio-says-dip-seen-in-may-deliveries-wasnt-due-to-chip-shortage><strong>benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Chinese electric vehicle maker Nio Inc. said that the slight sequential decline in its deliveries for the month of May was not due to the ongoing global semiconductor chip shortage, ...</p>\n\n<a href=\"https://www.benzinga.com/news/21/06/21463926/nio-says-dip-seen-in-may-deliveries-wasnt-due-to-chip-shortage\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"source_url":"https://www.benzinga.com/news/21/06/21463926/nio-says-dip-seen-in-may-deliveries-wasnt-due-to-chip-shortage","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176974493","content_text":"Chinese electric vehicle maker Nio Inc. said that the slight sequential decline in its deliveries for the month of May was not due to the ongoing global semiconductor chip shortage, cnEVpostreportedMonday.What Happened:The main reason for the5.5% declinein Nio’s May deliveries compared to April were due to a change made by the State Taxation Administration (STA) in China’s auto invoice rules, the report quoted Nio co-founder and president Qin Lihong as saying in a media interview. Nio’s May sales surged 95.3% on a year-over-year basis.The STA made the change in the auto invoice rules as previous rules for issuing car invoices may have enabled automakers or dealers to exploit loopholes and create false invoices, according to the report.Qin reportedly said that the change delayed Nio’s average delivery time by four days. Excluding invoicing, the company would have been able to go from order receipt to delivery in a little more than two weeks.Why It Matters:May marked the third straight month of decline in terms of deliveries so far this year for Nio.Nio had said that its May delivery numbers were adversely hurt for several days due to the volatile semiconductor supply and “certain logistical adjustments,” but had not specified what those adjustments were.Price Action: Nio shares closed almost 4.2% higher in Monday’s regular trading session at $43.68, but declined 0.3% in the after-hours session to $43.53.","news_type":1},"isVote":1,"tweetType":1,"viewCount":147,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":117875341,"gmtCreate":1623133882583,"gmtModify":1634036581855,"author":{"id":"3584109569464854","authorId":"3584109569464854","name":"crusadersg","avatar":"https://static.tigerbbs.com/6c8e00fed7da0efda8cbfe07749711b5","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584109569464854","authorIdStr":"3584109569464854"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/117875341","repostId":"1148066206","repostType":4,"repost":{"id":"1148066206","kind":"news","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1623132495,"share":"https://www.laohu8.com/m/news/1148066206?lang=&edition=full","pubTime":"2021-06-08 14:08","market":"us","language":"en","title":"Apple in talks with CATL, BYD over battery supplies for its electric car -sources","url":"https://stock-news.laohu8.com/highlight/detail?id=1148066206","media":"Reuters","summary":"SHANGHAI/HONG KONG  - Apple Inc is in early-stage talks with China's CATL and BYD about the supply of batteries for its planned electric vehicle, four people with knowledge of the matter said.The discussions are subject to change and it is not clear if agreements with either CATL or BYD will be reached, said the people who declined to be named as the discussions are private.Apple has made building manufacturing facilities in the United States a condition for potential battery suppliers, said two","content":"<p>SHANGHAI/HONG KONG (Reuters) - Apple Inc is in early-stage talks with China's CATL and BYD about the supply of batteries for its planned electric vehicle, four people with knowledge of the matter said.</p><p>The discussions are subject to change and it is not clear if agreements with either CATL or BYD will be reached, said the people who declined to be named as the discussions are private.</p><p>Apple has made building manufacturing facilities in the United States a condition for potential battery suppliers, said two of the sources.</p><p>CATL, which supplies major car makers including Tesla Inc, is reluctant to build a U.S. factory due to political tensions between Washington and Beijing as well as cost concerns, the two people said.</p><p>It was not immediately clear if Apple is also talking to other battery makers.</p><p>Apple, which has yet to make a public announcement about its car plans, declined to comment. CATL, the world's biggest automotive battery maker, and BYD, the world's No. 4, also declined to comment.</p><p>The U.S. firm is in favor of using lithium iron phosphate batteries that are cheaper to produce because they use iron instead of nickel and cobalt which are more expensive, the four people said.</p><p>Apple has been working on self-driving technology and has targeted 2024 for the production of a passenger vehicle, Reuters reported in December.</p><p>People familiar with the matter have previously said Apple's planned EV could include its own breakthrough battery technology. It was not immediately clear if the discussions with CATL and BYD involved Apple's own technology or designs.</p><p>The discussions come at a time when the U.S. government is looking to attract more EV manufacturing. U.S. President Joe Biden's proposed $1.7 trillion infrastructure plan includes a $174 billion budget to boost the domestic EV market with tax credits and grants for battery manufacturers, among other incentives.</p><p>Many battery makers are ramping up production to meet soaring worldwide demand as car makers accelerate their shift to electric vehicles to comply with tougher emission rules aimed at tackling global warming.</p><p>Chinese battery makers are expected to grow at a faster pace than their foreign peers thanks to further expansion of the world's biggest EV market, SNE Research said in a June report.</p><p>Reuters reported last week that CATL is planning a major new automotive battery plant in Shanghai, continuing a blistering pace of expansion that will cement its lead as the world's No.1 supplier. The factory would near Tesla's China manufacturing operations.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple in talks with CATL, BYD over battery supplies for its electric car -sources</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple in talks with CATL, BYD over battery supplies for its electric car -sources\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\">2021-06-08 14:08</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>SHANGHAI/HONG KONG (Reuters) - Apple Inc is in early-stage talks with China's CATL and BYD about the supply of batteries for its planned electric vehicle, four people with knowledge of the matter said.</p><p>The discussions are subject to change and it is not clear if agreements with either CATL or BYD will be reached, said the people who declined to be named as the discussions are private.</p><p>Apple has made building manufacturing facilities in the United States a condition for potential battery suppliers, said two of the sources.</p><p>CATL, which supplies major car makers including Tesla Inc, is reluctant to build a U.S. factory due to political tensions between Washington and Beijing as well as cost concerns, the two people said.</p><p>It was not immediately clear if Apple is also talking to other battery makers.</p><p>Apple, which has yet to make a public announcement about its car plans, declined to comment. CATL, the world's biggest automotive battery maker, and BYD, the world's No. 4, also declined to comment.</p><p>The U.S. firm is in favor of using lithium iron phosphate batteries that are cheaper to produce because they use iron instead of nickel and cobalt which are more expensive, the four people said.</p><p>Apple has been working on self-driving technology and has targeted 2024 for the production of a passenger vehicle, Reuters reported in December.</p><p>People familiar with the matter have previously said Apple's planned EV could include its own breakthrough battery technology. It was not immediately clear if the discussions with CATL and BYD involved Apple's own technology or designs.</p><p>The discussions come at a time when the U.S. government is looking to attract more EV manufacturing. U.S. President Joe Biden's proposed $1.7 trillion infrastructure plan includes a $174 billion budget to boost the domestic EV market with tax credits and grants for battery manufacturers, among other incentives.</p><p>Many battery makers are ramping up production to meet soaring worldwide demand as car makers accelerate their shift to electric vehicles to comply with tougher emission rules aimed at tackling global warming.</p><p>Chinese battery makers are expected to grow at a faster pace than their foreign peers thanks to further expansion of the world's biggest EV market, SNE Research said in a June report.</p><p>Reuters reported last week that CATL is planning a major new automotive battery plant in Shanghai, continuing a blistering pace of expansion that will cement its lead as the world's No.1 supplier. The factory would near Tesla's China manufacturing operations.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"300750":"宁德时代","AAPL":"苹果","002594":"比亚迪"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148066206","content_text":"SHANGHAI/HONG KONG (Reuters) - Apple Inc is in early-stage talks with China's CATL and BYD about the supply of batteries for its planned electric vehicle, four people with knowledge of the matter said.The discussions are subject to change and it is not clear if agreements with either CATL or BYD will be reached, said the people who declined to be named as the discussions are private.Apple has made building manufacturing facilities in the United States a condition for potential battery suppliers, said two of the sources.CATL, which supplies major car makers including Tesla Inc, is reluctant to build a U.S. factory due to political tensions between Washington and Beijing as well as cost concerns, the two people said.It was not immediately clear if Apple is also talking to other battery makers.Apple, which has yet to make a public announcement about its car plans, declined to comment. CATL, the world's biggest automotive battery maker, and BYD, the world's No. 4, also declined to comment.The U.S. firm is in favor of using lithium iron phosphate batteries that are cheaper to produce because they use iron instead of nickel and cobalt which are more expensive, the four people said.Apple has been working on self-driving technology and has targeted 2024 for the production of a passenger vehicle, Reuters reported in December.People familiar with the matter have previously said Apple's planned EV could include its own breakthrough battery technology. It was not immediately clear if the discussions with CATL and BYD involved Apple's own technology or designs.The discussions come at a time when the U.S. government is looking to attract more EV manufacturing. U.S. President Joe Biden's proposed $1.7 trillion infrastructure plan includes a $174 billion budget to boost the domestic EV market with tax credits and grants for battery manufacturers, among other incentives.Many battery makers are ramping up production to meet soaring worldwide demand as car makers accelerate their shift to electric vehicles to comply with tougher emission rules aimed at tackling global warming.Chinese battery makers are expected to grow at a faster pace than their foreign peers thanks to further expansion of the world's biggest EV market, SNE Research said in a June report.Reuters reported last week that CATL is planning a major new automotive battery plant in Shanghai, continuing a blistering pace of expansion that will cement its lead as the world's No.1 supplier. The factory would near Tesla's China manufacturing operations.","news_type":1},"isVote":1,"tweetType":1,"viewCount":297,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":117872564,"gmtCreate":1623133819658,"gmtModify":1634036582224,"author":{"id":"3584109569464854","authorId":"3584109569464854","name":"crusadersg","avatar":"https://static.tigerbbs.com/6c8e00fed7da0efda8cbfe07749711b5","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584109569464854","authorIdStr":"3584109569464854"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/117872564","repostId":"1140543196","repostType":4,"isVote":1,"tweetType":1,"viewCount":214,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":117878624,"gmtCreate":1623133738768,"gmtModify":1634036583077,"author":{"id":"3584109569464854","authorId":"3584109569464854","name":"crusadersg","avatar":"https://static.tigerbbs.com/6c8e00fed7da0efda8cbfe07749711b5","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584109569464854","authorIdStr":"3584109569464854"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/117878624","repostId":"1100482269","repostType":4,"repost":{"id":"1100482269","kind":"news","pubTimestamp":1623109782,"share":"https://www.laohu8.com/m/news/1100482269?lang=&edition=full","pubTime":"2021-06-08 07:49","market":"us","language":"en","title":"Stocks making the biggest moves after hours: Stitch Fix, Marvell, Coupa and more","url":"https://stock-news.laohu8.com/highlight/detail?id=1100482269","media":"cnbc","summary":"Check out the companies making headlines after the bell:Stitch Fix— Shares of Stitch Fix surged 15% ","content":"<div>\n<p>Check out the companies making headlines after the bell:Stitch Fix— Shares of Stitch Fix surged 15% in extended trading after the online styling service reported fiscal third-quarter results beating ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/07/stocks-making-the-biggest-moves-after-hours-stitch-fix-marvell-and-more.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>Stocks making the biggest moves after hours: Stitch Fix, Marvell, Coupa and more</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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 making the biggest moves after hours: Stitch Fix, Marvell, Coupa and more\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-08 07:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/07/stocks-making-the-biggest-moves-after-hours-stitch-fix-marvell-and-more.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Check out the companies making headlines after the bell:Stitch Fix— Shares of Stitch Fix surged 15% in extended trading after the online styling service reported fiscal third-quarter results beating ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/07/stocks-making-the-biggest-moves-after-hours-stitch-fix-marvell-and-more.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COUP":"Coupa Software Inc","MRVL":"迈威尔科技","BIIB":"渤健公司","KDP":"Keurig Dr Pepper Inc","SFIX":"Stitch Fix Inc.","AMC":"AMC院线"},"source_url":"https://www.cnbc.com/2021/06/07/stocks-making-the-biggest-moves-after-hours-stitch-fix-marvell-and-more.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1100482269","content_text":"Check out the companies making headlines after the bell:Stitch Fix— Shares of Stitch Fix surged 15% in extended trading after the online styling service reported fiscal third-quarter results beating Wall Street expectations. The company posted a loss of 18 cents per share on revenue of $536 million. Analysts were expecting a loss of 27 cents per share on revenue of $511 million, according to Refinitiv. Stitch Fix reported 4.1 million active clients, up 20% year-over-year and higher than the previous quarter.Marvell Technology— Marvell shares traded 2.6% higher after hours following better-than-expected first-quarter earnings.Coupa Software— Shares of Coupa Software fell 7% in extended trading despite beating Wall Street expectations for the company’s first-quarter financial results. Coupa reported adjusted earnings of 7 cents per share, beating analysts’ expectations of a 19-cent loss per share, according to Refinitiv. The company posted revenue of $166.9 million, which topped Wall Street’s projection of $152.6 million.Keurig Dr Pepper— Shares of the company fell 2.3% in extended trading after it announced a secondary offering of 28 million shares on behalf of Mondelez International Holdings. The stock sale represents about 2% of KDP’s outstanding common stock, according to the company.AMC Entertainment— Shares of AMC added 3% in extended trading after the meme stock rallied another 14.8% in the regular session. The movie theater stock soared 83% last week amid speculative trading led by retail investors.","news_type":1},"isVote":1,"tweetType":1,"viewCount":289,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":889517326,"gmtCreate":1631157892165,"gmtModify":1631886032416,"author":{"id":"3584109569464854","authorId":"3584109569464854","name":"crusadersg","avatar":"https://static.tigerbbs.com/6c8e00fed7da0efda8cbfe07749711b5","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584109569464854","authorIdStr":"3584109569464854"},"themes":[],"htmlText":"this would make sense if PayPal had gone up on Wednesday. But it too fell hard. So this analysis is just... bullshit.","listText":"this would make sense if PayPal had gone up on Wednesday. But it too fell hard. So this analysis is just... bullshit.","text":"this would make sense if PayPal had gone up on Wednesday. But it too fell hard. So this analysis is just... bullshit.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/889517326","repostId":"1180369311","repostType":2,"repost":{"id":"1180369311","kind":"news","pubTimestamp":1631156393,"share":"https://www.laohu8.com/m/news/1180369311?lang=&edition=full","pubTime":"2021-09-09 10:59","market":"us","language":"en","title":"Why did Square Stock Fall on Wednesday?","url":"https://stock-news.laohu8.com/highlight/detail?id=1180369311","media":"Motley Fool","summary":"There are a few news items affecting shares of the fintech specialist.","content":"<p><b>What happened</b></p>\n<p>The stock market was having a generally weak session on Wednesday, with all three major averages in the red.However,<b>Square</b>&nbsp;has been a major underperformer. As of closed, shares of the&nbsp;fintech&nbsp;specialist fell&nbsp;about&nbsp;4%.</p>\n<p><b>So what</b></p>\n<p>There are three main stories and market forces that could be affecting Square's&nbsp;stock price today:</p>\n<ul>\n <li>On a positive note, the company announced the launch of its Square Register hardware in Canada, which could bring larger sellers in the key international market into Square's ecosystem.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4f5babd00ddbcef11a5c98b1035d5a50\" tg-width=\"2000\" tg-height=\"1297\" width=\"100%\" height=\"auto\"><span>IMAGE SOURCE: SQUARE.</span></p>\n<ul>\n <li>On the other hand, we learned that&nbsp;<b>PayPal</b>&nbsp;is spending $2.7 billion to acquire Japanese buy now, pay later (BNPL) company Paidy. Not only is Japan one of the few international markets where Square has a presence, this also signals that PayPal is pushing into the BNPL space more aggressively than previously thought. Remember that Square is spending $29 billion to acquire Afterpay, and PayPal becoming more interested in BNPL could change the competitive dynamics.</li>\n <li>Finally, there is quite a bit of general weakness in the tech sector today. While all three major averages are in the red, the tech-heavy&nbsp;<b>Nasdaq</b>&nbsp;is by far the worst performer, and many other high-growth tech stocks are among the market's worst performers.</li>\n</ul>\n<p><b>Now what</b></p>\n<p>The two company-specific news items are likely not what's causing today's move. While PayPal's push into the Japanese BNPL market is certainly not a positive factor for Square, it isn't likely to be a major needle-mover affecting the business.</p>\n<p>Today's move seems to be fueled by severe weakness in growth stocks more than anything else. While it's worth keeping an eye on the competitive pressures in the BNPL space, PayPal's news shouldn't be too alarming to shareholders.</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>Why did Square Stock Fall on Wednesday?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy did Square Stock Fall on Wednesday?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-09 10:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/09/08/why-is-square-falling-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happened\nThe stock market was having a generally weak session on Wednesday, with all three major averages in the red.However,Square has been a major underperformer. As of closed, shares of the ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/09/08/why-is-square-falling-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SQ":"Block"},"source_url":"https://www.fool.com/investing/2021/09/08/why-is-square-falling-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180369311","content_text":"What happened\nThe stock market was having a generally weak session on Wednesday, with all three major averages in the red.However,Square has been a major underperformer. As of closed, shares of the fintech specialist fell about 4%.\nSo what\nThere are three main stories and market forces that could be affecting Square's stock price today:\n\nOn a positive note, the company announced the launch of its Square Register hardware in Canada, which could bring larger sellers in the key international market into Square's ecosystem.\n\nIMAGE SOURCE: SQUARE.\n\nOn the other hand, we learned that PayPal is spending $2.7 billion to acquire Japanese buy now, pay later (BNPL) company Paidy. Not only is Japan one of the few international markets where Square has a presence, this also signals that PayPal is pushing into the BNPL space more aggressively than previously thought. Remember that Square is spending $29 billion to acquire Afterpay, and PayPal becoming more interested in BNPL could change the competitive dynamics.\nFinally, there is quite a bit of general weakness in the tech sector today. While all three major averages are in the red, the tech-heavy Nasdaq is by far the worst performer, and many other high-growth tech stocks are among the market's worst performers.\n\nNow what\nThe two company-specific news items are likely not what's causing today's move. While PayPal's push into the Japanese BNPL market is certainly not a positive factor for Square, it isn't likely to be a major needle-mover affecting the business.\nToday's move seems to be fueled by severe weakness in growth stocks more than anything else. While it's worth keeping an eye on the competitive pressures in the BNPL space, PayPal's news shouldn't be too alarming to shareholders.","news_type":1},"isVote":1,"tweetType":1,"viewCount":336,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":117875341,"gmtCreate":1623133882583,"gmtModify":1634036581855,"author":{"id":"3584109569464854","authorId":"3584109569464854","name":"crusadersg","avatar":"https://static.tigerbbs.com/6c8e00fed7da0efda8cbfe07749711b5","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584109569464854","authorIdStr":"3584109569464854"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/117875341","repostId":"1148066206","repostType":4,"repost":{"id":"1148066206","kind":"news","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1623132495,"share":"https://www.laohu8.com/m/news/1148066206?lang=&edition=full","pubTime":"2021-06-08 14:08","market":"us","language":"en","title":"Apple in talks with CATL, BYD over battery supplies for its electric car -sources","url":"https://stock-news.laohu8.com/highlight/detail?id=1148066206","media":"Reuters","summary":"SHANGHAI/HONG KONG  - Apple Inc is in early-stage talks with China's CATL and BYD about the supply of batteries for its planned electric vehicle, four people with knowledge of the matter said.The discussions are subject to change and it is not clear if agreements with either CATL or BYD will be reached, said the people who declined to be named as the discussions are private.Apple has made building manufacturing facilities in the United States a condition for potential battery suppliers, said two","content":"<p>SHANGHAI/HONG KONG (Reuters) - Apple Inc is in early-stage talks with China's CATL and BYD about the supply of batteries for its planned electric vehicle, four people with knowledge of the matter said.</p><p>The discussions are subject to change and it is not clear if agreements with either CATL or BYD will be reached, said the people who declined to be named as the discussions are private.</p><p>Apple has made building manufacturing facilities in the United States a condition for potential battery suppliers, said two of the sources.</p><p>CATL, which supplies major car makers including Tesla Inc, is reluctant to build a U.S. factory due to political tensions between Washington and Beijing as well as cost concerns, the two people said.</p><p>It was not immediately clear if Apple is also talking to other battery makers.</p><p>Apple, which has yet to make a public announcement about its car plans, declined to comment. CATL, the world's biggest automotive battery maker, and BYD, the world's No. 4, also declined to comment.</p><p>The U.S. firm is in favor of using lithium iron phosphate batteries that are cheaper to produce because they use iron instead of nickel and cobalt which are more expensive, the four people said.</p><p>Apple has been working on self-driving technology and has targeted 2024 for the production of a passenger vehicle, Reuters reported in December.</p><p>People familiar with the matter have previously said Apple's planned EV could include its own breakthrough battery technology. It was not immediately clear if the discussions with CATL and BYD involved Apple's own technology or designs.</p><p>The discussions come at a time when the U.S. government is looking to attract more EV manufacturing. U.S. President Joe Biden's proposed $1.7 trillion infrastructure plan includes a $174 billion budget to boost the domestic EV market with tax credits and grants for battery manufacturers, among other incentives.</p><p>Many battery makers are ramping up production to meet soaring worldwide demand as car makers accelerate their shift to electric vehicles to comply with tougher emission rules aimed at tackling global warming.</p><p>Chinese battery makers are expected to grow at a faster pace than their foreign peers thanks to further expansion of the world's biggest EV market, SNE Research said in a June report.</p><p>Reuters reported last week that CATL is planning a major new automotive battery plant in Shanghai, continuing a blistering pace of expansion that will cement its lead as the world's No.1 supplier. The factory would near Tesla's China manufacturing operations.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple in talks with CATL, BYD over battery supplies for its electric car -sources</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple in talks with CATL, BYD over battery supplies for its electric car -sources\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\">2021-06-08 14:08</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>SHANGHAI/HONG KONG (Reuters) - Apple Inc is in early-stage talks with China's CATL and BYD about the supply of batteries for its planned electric vehicle, four people with knowledge of the matter said.</p><p>The discussions are subject to change and it is not clear if agreements with either CATL or BYD will be reached, said the people who declined to be named as the discussions are private.</p><p>Apple has made building manufacturing facilities in the United States a condition for potential battery suppliers, said two of the sources.</p><p>CATL, which supplies major car makers including Tesla Inc, is reluctant to build a U.S. factory due to political tensions between Washington and Beijing as well as cost concerns, the two people said.</p><p>It was not immediately clear if Apple is also talking to other battery makers.</p><p>Apple, which has yet to make a public announcement about its car plans, declined to comment. CATL, the world's biggest automotive battery maker, and BYD, the world's No. 4, also declined to comment.</p><p>The U.S. firm is in favor of using lithium iron phosphate batteries that are cheaper to produce because they use iron instead of nickel and cobalt which are more expensive, the four people said.</p><p>Apple has been working on self-driving technology and has targeted 2024 for the production of a passenger vehicle, Reuters reported in December.</p><p>People familiar with the matter have previously said Apple's planned EV could include its own breakthrough battery technology. It was not immediately clear if the discussions with CATL and BYD involved Apple's own technology or designs.</p><p>The discussions come at a time when the U.S. government is looking to attract more EV manufacturing. U.S. President Joe Biden's proposed $1.7 trillion infrastructure plan includes a $174 billion budget to boost the domestic EV market with tax credits and grants for battery manufacturers, among other incentives.</p><p>Many battery makers are ramping up production to meet soaring worldwide demand as car makers accelerate their shift to electric vehicles to comply with tougher emission rules aimed at tackling global warming.</p><p>Chinese battery makers are expected to grow at a faster pace than their foreign peers thanks to further expansion of the world's biggest EV market, SNE Research said in a June report.</p><p>Reuters reported last week that CATL is planning a major new automotive battery plant in Shanghai, continuing a blistering pace of expansion that will cement its lead as the world's No.1 supplier. The factory would near Tesla's China manufacturing operations.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"300750":"宁德时代","AAPL":"苹果","002594":"比亚迪"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148066206","content_text":"SHANGHAI/HONG KONG (Reuters) - Apple Inc is in early-stage talks with China's CATL and BYD about the supply of batteries for its planned electric vehicle, four people with knowledge of the matter said.The discussions are subject to change and it is not clear if agreements with either CATL or BYD will be reached, said the people who declined to be named as the discussions are private.Apple has made building manufacturing facilities in the United States a condition for potential battery suppliers, said two of the sources.CATL, which supplies major car makers including Tesla Inc, is reluctant to build a U.S. factory due to political tensions between Washington and Beijing as well as cost concerns, the two people said.It was not immediately clear if Apple is also talking to other battery makers.Apple, which has yet to make a public announcement about its car plans, declined to comment. CATL, the world's biggest automotive battery maker, and BYD, the world's No. 4, also declined to comment.The U.S. firm is in favor of using lithium iron phosphate batteries that are cheaper to produce because they use iron instead of nickel and cobalt which are more expensive, the four people said.Apple has been working on self-driving technology and has targeted 2024 for the production of a passenger vehicle, Reuters reported in December.People familiar with the matter have previously said Apple's planned EV could include its own breakthrough battery technology. It was not immediately clear if the discussions with CATL and BYD involved Apple's own technology or designs.The discussions come at a time when the U.S. government is looking to attract more EV manufacturing. U.S. President Joe Biden's proposed $1.7 trillion infrastructure plan includes a $174 billion budget to boost the domestic EV market with tax credits and grants for battery manufacturers, among other incentives.Many battery makers are ramping up production to meet soaring worldwide demand as car makers accelerate their shift to electric vehicles to comply with tougher emission rules aimed at tackling global warming.Chinese battery makers are expected to grow at a faster pace than their foreign peers thanks to further expansion of the world's biggest EV market, SNE Research said in a June report.Reuters reported last week that CATL is planning a major new automotive battery plant in Shanghai, continuing a blistering pace of expansion that will cement its lead as the world's No.1 supplier. The factory would near Tesla's China manufacturing operations.","news_type":1},"isVote":1,"tweetType":1,"viewCount":297,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":872040388,"gmtCreate":1637379942545,"gmtModify":1637379942614,"author":{"id":"3584109569464854","authorId":"3584109569464854","name":"crusadersg","avatar":"https://static.tigerbbs.com/6c8e00fed7da0efda8cbfe07749711b5","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584109569464854","authorIdStr":"3584109569464854"},"themes":[],"htmlText":"Weird","listText":"Weird","text":"Weird","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/872040388","repostId":"2184184472","repostType":4,"repost":{"id":"2184184472","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1637366212,"share":"https://www.laohu8.com/m/news/2184184472?lang=&edition=full","pubTime":"2021-11-20 07:56","market":"us","language":"en","title":"Rivian, Ford cancel plans to jointly develop an electric vehicle, report says","url":"https://stock-news.laohu8.com/highlight/detail?id=2184184472","media":"Dow Jones","summary":"Ford has 'growing confidence' it can build EVs on its own, CEO says\nRivian Automotive Inc. and Ford ","content":"<p>Ford has 'growing confidence' it can build EVs on its own, CEO says</p>\n<p>Rivian Automotive Inc. and Ford Motor Co. are halting plans to develop an electric vehicle, Automotive News said Friday, citing an interview with Ford's Chief Executive Jim Farley.</p>\n<p><a href=\"https://laohu8.com/S/RIVN\">Rivian </a> stock added to gains after the report, while <a href=\"https://laohu8.com/S/F\">Ford </a> stock headed lower. Farley told Automotive News that the legacy auto maker, which has a stake in the EV startup, has \"growing confidence\" on its ability to \"win the electric space\" and develop its own vehicles, despite having a love for Rivian's future.</p>\n<p>Farley took to <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> on Thursday to expand on Ford's plans for EVs, promising that the company is ready to do \"whatever it takes\" to be the second largest EV maker in the U.S after <a href=\"https://laohu8.com/S/TSLA\">Tesla Inc. </a></p>\n<p>Rivian debuted as a public company offering last week and the stock ended up 4.2% on Friday, bringing weekly losses to 1% after two straight days of 15% drops.</p>\n<p>Rivian expects volume sales for its electric pickup truck and SUV next year, billing them as EVs for outdoor adventures. It also plans on electric last-mile vans for Amazon.com Inc., which also has a stake in the startup, and to have its own network of chargers.</p>\n<p>Ford has taken some of its best-selling vehicles to offer as an EV, including electric versions of its F-150 pickup truck, the Transit van, and the Mustang muscle car.</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>Rivian, Ford cancel plans to jointly develop an electric vehicle, report says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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\">\nRivian, Ford cancel plans to jointly develop an electric vehicle, report says\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-11-20 07:56</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Ford has 'growing confidence' it can build EVs on its own, CEO says</p>\n<p>Rivian Automotive Inc. and Ford Motor Co. are halting plans to develop an electric vehicle, Automotive News said Friday, citing an interview with Ford's Chief Executive Jim Farley.</p>\n<p><a href=\"https://laohu8.com/S/RIVN\">Rivian </a> stock added to gains after the report, while <a href=\"https://laohu8.com/S/F\">Ford </a> stock headed lower. Farley told Automotive News that the legacy auto maker, which has a stake in the EV startup, has \"growing confidence\" on its ability to \"win the electric space\" and develop its own vehicles, despite having a love for Rivian's future.</p>\n<p>Farley took to <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> on Thursday to expand on Ford's plans for EVs, promising that the company is ready to do \"whatever it takes\" to be the second largest EV maker in the U.S after <a href=\"https://laohu8.com/S/TSLA\">Tesla Inc. </a></p>\n<p>Rivian debuted as a public company offering last week and the stock ended up 4.2% on Friday, bringing weekly losses to 1% after two straight days of 15% drops.</p>\n<p>Rivian expects volume sales for its electric pickup truck and SUV next year, billing them as EVs for outdoor adventures. It also plans on electric last-mile vans for Amazon.com Inc., which also has a stake in the startup, and to have its own network of chargers.</p>\n<p>Ford has taken some of its best-selling vehicles to offer as an EV, including electric versions of its F-150 pickup truck, the Transit van, and the Mustang muscle car.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"F":"福特汽车","RIVN":"Rivian Automotive, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2184184472","content_text":"Ford has 'growing confidence' it can build EVs on its own, CEO says\nRivian Automotive Inc. and Ford Motor Co. are halting plans to develop an electric vehicle, Automotive News said Friday, citing an interview with Ford's Chief Executive Jim Farley.\nRivian  stock added to gains after the report, while Ford  stock headed lower. Farley told Automotive News that the legacy auto maker, which has a stake in the EV startup, has \"growing confidence\" on its ability to \"win the electric space\" and develop its own vehicles, despite having a love for Rivian's future.\nFarley took to Twitter on Thursday to expand on Ford's plans for EVs, promising that the company is ready to do \"whatever it takes\" to be the second largest EV maker in the U.S after Tesla Inc. \nRivian debuted as a public company offering last week and the stock ended up 4.2% on Friday, bringing weekly losses to 1% after two straight days of 15% drops.\nRivian expects volume sales for its electric pickup truck and SUV next year, billing them as EVs for outdoor adventures. It also plans on electric last-mile vans for Amazon.com Inc., which also has a stake in the startup, and to have its own network of chargers.\nFord has taken some of its best-selling vehicles to offer as an EV, including electric versions of its F-150 pickup truck, the Transit van, and the Mustang muscle car.","news_type":1},"isVote":1,"tweetType":1,"viewCount":273,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":117875281,"gmtCreate":1623133915843,"gmtModify":1634036581509,"author":{"id":"3584109569464854","authorId":"3584109569464854","name":"crusadersg","avatar":"https://static.tigerbbs.com/6c8e00fed7da0efda8cbfe07749711b5","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584109569464854","authorIdStr":"3584109569464854"},"themes":[],"htmlText":"Cool&nbsp;","listText":"Cool&nbsp;","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/117875281","repostId":"1176974493","repostType":4,"repost":{"id":"1176974493","kind":"news","pubTimestamp":1623131372,"share":"https://www.laohu8.com/m/news/1176974493?lang=&edition=full","pubTime":"2021-06-08 13:49","market":"us","language":"en","title":"Nio Says Dip Seen In May Deliveries Wasn't Due To Chip Shortage","url":"https://stock-news.laohu8.com/highlight/detail?id=1176974493","media":"benzinga","summary":"Chinese electric vehicle maker Nio Inc. said that the slight sequential decline in its deliveries fo","content":"<p>Chinese electric vehicle maker&nbsp;<b>Nio Inc</b>.&nbsp;said that the slight sequential decline in its deliveries for the month of May was not due to the ongoing global semiconductor chip shortage, cnEVpostreportedMonday.</p><p><b>What Happened:</b>The main reason for the5.5% declinein Nio’s May deliveries compared to April were due to a change made by the State Taxation Administration (STA) in China’s auto invoice rules, the report quoted Nio co-founder and president Qin Lihong as saying in a media interview. Nio’s May sales surged 95.3% on a year-over-year basis.</p><p>The STA made the change in the auto invoice rules as previous rules for issuing car invoices may have enabled automakers or dealers to exploit loopholes and create false invoices, according to the report.</p><p>Qin reportedly said that the change delayed Nio’s average delivery time by four days. Excluding invoicing, the company would have been able to go from order receipt to delivery in a little more than two weeks.</p><p><b>Why It Matters:</b>May marked the third straight month of decline in terms of deliveries so far this year for Nio.</p><p>Nio had said that its May delivery numbers were adversely hurt for several days due to the volatile semiconductor supply and “certain logistical adjustments,” but had not specified what those adjustments were.</p><p><b>Price Action</b>: Nio shares closed almost 4.2% higher in Monday’s regular trading session at $43.68, but declined 0.3% in the after-hours session to $43.53.</p>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nio Says Dip Seen In May Deliveries Wasn't Due To Chip Shortage</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNio Says Dip Seen In May Deliveries Wasn't Due To Chip Shortage\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-08 13:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/news/21/06/21463926/nio-says-dip-seen-in-may-deliveries-wasnt-due-to-chip-shortage><strong>benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Chinese electric vehicle maker Nio Inc. said that the slight sequential decline in its deliveries for the month of May was not due to the ongoing global semiconductor chip shortage, ...</p>\n\n<a href=\"https://www.benzinga.com/news/21/06/21463926/nio-says-dip-seen-in-may-deliveries-wasnt-due-to-chip-shortage\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"source_url":"https://www.benzinga.com/news/21/06/21463926/nio-says-dip-seen-in-may-deliveries-wasnt-due-to-chip-shortage","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176974493","content_text":"Chinese electric vehicle maker Nio Inc. said that the slight sequential decline in its deliveries for the month of May was not due to the ongoing global semiconductor chip shortage, cnEVpostreportedMonday.What Happened:The main reason for the5.5% declinein Nio’s May deliveries compared to April were due to a change made by the State Taxation Administration (STA) in China’s auto invoice rules, the report quoted Nio co-founder and president Qin Lihong as saying in a media interview. Nio’s May sales surged 95.3% on a year-over-year basis.The STA made the change in the auto invoice rules as previous rules for issuing car invoices may have enabled automakers or dealers to exploit loopholes and create false invoices, according to the report.Qin reportedly said that the change delayed Nio’s average delivery time by four days. Excluding invoicing, the company would have been able to go from order receipt to delivery in a little more than two weeks.Why It Matters:May marked the third straight month of decline in terms of deliveries so far this year for Nio.Nio had said that its May delivery numbers were adversely hurt for several days due to the volatile semiconductor supply and “certain logistical adjustments,” but had not specified what those adjustments were.Price Action: Nio shares closed almost 4.2% higher in Monday’s regular trading session at $43.68, but declined 0.3% in the after-hours session to $43.53.","news_type":1},"isVote":1,"tweetType":1,"viewCount":147,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":117872564,"gmtCreate":1623133819658,"gmtModify":1634036582224,"author":{"id":"3584109569464854","authorId":"3584109569464854","name":"crusadersg","avatar":"https://static.tigerbbs.com/6c8e00fed7da0efda8cbfe07749711b5","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584109569464854","authorIdStr":"3584109569464854"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/117872564","repostId":"1140543196","repostType":4,"isVote":1,"tweetType":1,"viewCount":214,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167823735,"gmtCreate":1624260388827,"gmtModify":1634008751209,"author":{"id":"3584109569464854","authorId":"3584109569464854","name":"crusadersg","avatar":"https://static.tigerbbs.com/6c8e00fed7da0efda8cbfe07749711b5","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584109569464854","authorIdStr":"3584109569464854"},"themes":[],"htmlText":"dumb shit analysis. Apple is also venturing further into the M1 chip and will start producing EVs in a few years. Every day there is some shitty jargon filled stale analysis","listText":"dumb shit analysis. Apple is also venturing further into the M1 chip and will start producing EVs in a few years. Every day there is some shitty jargon filled stale analysis","text":"dumb shit analysis. Apple is also venturing further into the M1 chip and will start producing EVs in a few years. Every day there is some shitty jargon filled stale analysis","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/167823735","repostId":"1175906479","repostType":4,"repost":{"id":"1175906479","kind":"news","pubTimestamp":1624242000,"share":"https://www.laohu8.com/m/news/1175906479?lang=&edition=full","pubTime":"2021-06-21 10:20","market":"us","language":"en","title":"Apple: Winter Is Coming","url":"https://stock-news.laohu8.com/highlight/detail?id=1175906479","media":"seekingalpha","summary":"Apple's stock has rallied 449% in the last five years, outperforming the 102% rise in the S&P 500 over the same period.I initiate Apple with a Neutral rating and a fair value of $111.42/share .In the enterprise market, customers across many industries are accelerating their adoption of iPhone 12 and 5G as a key platform for the future of their business. Delta Airlines, for example, is putting iPhone 12 and 5G connectivity into the hands of flight attendants so they can provide the best passenger","content":"<p><b>Summary</b></p>\n<ul>\n <li>Apple's stock has rallied 449% in the last five years, outperforming the 102% rise in the S&amp;P 500 over the same period.</li>\n <li>I initiate Apple with a Neutral rating and a fair value of $111.42/share (vs. the current price of $131.7/share).</li>\n <li>From the technical analysis point of view, the stock price is following its ascending triangle pattern and it is heading to the price target of $137/share.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a4dc5052119e6bbc5b693cf7385d8738\" tg-width=\"768\" tg-height=\"512\" referrerpolicy=\"no-referrer\"><span>Michael M. Santiago/Getty Images NewsCompany Overview</span></p>\n<p>Apple Inc (AAPL) stock has rallied 449% in the last five years, outperforming the 102% rise in the S&amp;P 500 over the same period. An outstanding return supported by underlying fundamentals. In particular, I would like to start the analysis with the latter.</p>\n<p>Over the last two decades, the dominant driver of Apple's success has been the iPhone. In 2016, iPhones accounted for 63% of total sales. This was a problem for Apple, and they knew it. The problem existed due to two main factors: first, the smartphone business was mature (with low growth rates); second, it was (and it is) a highly competitive business. However, Apple had something other competitors didn't have, a big iPhone owner base (which allows to sell more services for instance). Through the years Apple has been able to effectively diversify its revenue stream and it currently presents the structure represented below.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4602be0c6fa92191baf04a7496c4e024\" tg-width=\"640\" tg-height=\"363\" referrerpolicy=\"no-referrer\"><span>Source:Author's estimates using data from the latest 10-K report</span></p>\n<p>Let's now take a look at each of these segments:</p>\n<p><b>1. iPhone</b></p>\n<p>From 2016 to 2020, the iPhone segment grew at a CAGR of 0.20% and it changed from representing 63.4% (2016) of total sales to 51% (\"TTM\"). I present below the growth rate for the iPhone segment over the last 5 years (2016-TTM).</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/916b48499e3e3ed2c0c167af3ba62bdb\" tg-width=\"607\" tg-height=\"363\" referrerpolicy=\"no-referrer\"><span>Source:Author's estimates using data from the latest10-K report</span></p>\n<p>So far this year the iPhone segment is showing a growth rate of 18.5% TTM, fueled by the new family of iPhone12 with 5G capabilities, and with interesting data coming from China. I believe that the transition to 5G will be the main driver of the growth in this segment. In this manner, I would like to report a piece of the transcript from theQ2 earnings call.</p>\n<blockquote>\n <i>In the enterprise market, customers across many industries are accelerating their adoption of iPhone 12 and 5G as a key platform for the future of their business. Delta Airlines, for example, is putting iPhone 12 and 5G connectivity into the hands of flight attendants so they can provide the best passenger service possible as air travel rebounds.Openreach in the U.K. has started equipping tens of thousands of field engineers with iPhone 12 to speed up their deployment of broadband services to homes around the country. And UCHealth, a large health care provider in Colorado, was able to reduce per patient vaccination time from 3 minutes to only 30 seconds largely by moving from PC stations to iPhones. This has allowed their staff to rapidly scan and register new patients and vastly increase their daily vaccination capacity.</i>\n</blockquote>\n<p><b>2. iPad</b></p>\n<p>As it was in the past, the iPad segment is more or less a constant number as a % of total sales, 9.6% in 2016 vs 9.1% TTM. From 2016 to 2020, the iPad segment grew at a CAGR of 3.56% (with an improving overall trend). I present below the growth rate for the iPad segment over the last 5 years (2016-TTM).</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6faf9ddb8d29d662fcaa46bbda862f48\" tg-width=\"616\" tg-height=\"360\" referrerpolicy=\"no-referrer\"><span>Source:Author's estimates using data from the latest 10-K report</span></p>\n<p>The TTM numbers show us an interesting picture with a growth rate of 24.9% TTM for the iPad segment which are driven by 3 factors: the M1 chip, the new 5G capabilities, and the fact that we were all at home. I see a lot of ways in which this new generation of iPads can be implemented. However, I also have to admit that there is a big player swimming in the same sea, the new 2-1 Laptops. The new 2-1 Laptops are a very interesting solution for those looking to have the best of the two worlds. In this last view, the iPad segment may represent a lower % of total sales, around 7.8% (vs current 9.1%).</p>\n<p><b>3. Mac</b></p>\n<p>From 2016 to 2020, the Mac segment grew at a CAGR of 5.81%, and also here, as it is for the iPad segment, the Mac segment represents a more or less constant number as % of total sales 10.6% in 2016 vs 10.4% TTM. I present below the growth rate for the Mac segment over the last 5 years (2016-TTM).</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b2494d89c1d5cd70a4cf0c5fb31fb20a\" tg-width=\"614\" tg-height=\"363\" referrerpolicy=\"no-referrer\"><span>Source:Author's estimates using data from the latest 10-K report</span></p>\n<p>The generation of new Macs powered by the M1 chip seems to be appreciated by the customers, in fact, the Mac segment presents a growth rate of 18.4% TTM so far this year. I personally tried this new generation of Macs and I have to admit, Apple knows very well how to delight its customers. Personal PCs are a highly competitive market and, even if I like and I use Apple products, I prefer to work with a Lenovo.</p>\n<p><b>4. Wearables, Home, and Accessories (WH&amp;A)</b></p>\n<p>The Wearables, Home, and Accessories segment includes sales of AirPods, Apple TV, Apple Watch, Beats products, HomePod, etc. This is where it gets interesting. From 2016 to 2020, the WH&amp;A segment grew at a CAGR of 28.78%, and it changed from representing only 5.2% of total sales in 2016 to represent 10.8% TTM. I present below the growth rate for the WH&amp;A segment over the last 5 years (2016-TTM).</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e16432a1ae66aa9dda7a4f969a9cfcdf\" tg-width=\"607\" tg-height=\"357\" referrerpolicy=\"no-referrer\"><span>Source:Author's estimates using data from the latest 10-K report</span></p>\n<p>The WH&amp;A segment is showing a growth rate of 14.7% TTM driven by a strong performance from both Apple Watch Series 6 and Apple Watch SE. Apple Watch may have a very bright future in the years ahead, driven by Apple entering into the healthcare market. In fact, it can be used to monitor the health status of the person. Imagine you being close to having a heart attack, your Apple Watch may call an ambulance and save your life, not bad no? Finally, let's don't forget also the launch of Apple TV 4K and of the newest accessory, AirTag (I don't see a market for the latter, but I may be wrong).</p>\n<p><b>5. Services</b></p>\n<p>Services include sales from the Company’s advertising, AppleCare, digital content, and other services. From 2016 to 2020, the Services segment grew at a CAGR of 21.9% and it changed from representing 11.3% of total sales in 2016 to represent 18.6% TTM. I present below the growth rate for the Services segment over the last 5 years (2016-TTM).</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/af34eb1ba8fffd690a75318f8cf805f7\" tg-width=\"610\" tg-height=\"363\" referrerpolicy=\"no-referrer\"><span>Source:Author's estimates using data from the latest 10-K report</span></p>\n<p>To date, the Services segment is showing a growth rate of 12.3% TTM. The growth is driven by App Store, Cloud Services, Music, Advertising, and Payment Services. The new services, Apple TV+, Apple Arcade, Apple News+, and Apple Card, are also starting to contribute to overall services growth, and continue to add users, content, and features. I believe that in the future, the Services segment will be the company's dominant segment. Below I present an interesting part I extrapolated from theQ4 earnings call.</p>\n<blockquote>\n <i>First, our installed base continues to grow and is at an all-time high across each major product category. Second, the number of both transacting and paid accounts on our digital content stores reached a new all-time high during the September quarter, with paid accounts increasing double digits in each of our geographic segments.Third, paid subscriptions grew more than 35 million sequentially, and we now have over 585 million paid subscriptions across the services on our platform, up 135 million from just a year ago. With this momentum, we are very confident to reach and exceed our increased target of 600 million paid subscriptions before the end of calendar 2020.</i>\n</blockquote>\n<p><b>Company Analysis</b></p>\n<p>I initiate Apple with a Neutral rating and a fair value of $111.42/share (vs. the current price of $131.7/share). The fair value is an algorithm-adjusted value that accounts for different factors, fundamental and technical (e.g. DCF fair value, Momentum, etc.), and so it takes into consideration the Mr. Market mood. At the same time, the fair value which I obtained through the DCF model is equal to $105.68/share. Now before showing the results, the numbers used as the base are the trailing twelve-month numbers. Moreover, I also restated the financials since I capitalized on R&amp;D expenses with an amortizable life of 3 years. I don't believe that in the case of Apple, R&amp;D is an operating expense and for this reason, I treat it as CapEx. By taking into account the R&amp;D, the following metrics have been restated (all numbers in $mm).</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f7a2222a8e8b9088e619b0b971193a1f\" tg-width=\"569\" tg-height=\"262\" referrerpolicy=\"no-referrer\"><span>Source:Author's estimates using data from the latest 10-K report</span></p>\n<p>It is very important to capitalize on R&amp;D expense, if we don't, we are just keeping the company's biggest asset off-balance sheet.</p>\n<p><b>Discounted Cash Flow Model</b></p>\n<p>Now, let's turn to the discounted cash flow valuation part. Below, you can see the results with the relative assumptions I have made.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b2da633d931f51b493d897d9c87ecee5\" tg-width=\"640\" tg-height=\"262\" referrerpolicy=\"no-referrer\"><span>Source:Author's estimates using data from the latest 10-K report</span></p>\n<p>Now, this time I also present along with my estimates three possible scenarios:</p>\n<ul>\n <li><i>Base Case Scenario</i>: The above DCF model represents my base case scenario. In the base case scenario, I assume the drivers of growth to be: the iPhone segment (driven by 5G transition), the Services segment (driven by a broader customer base), and the new powered M1 Macs segment. Under this scenario, I assume a Y1 growth rate of 12%, a CAGR Y2-Y5 of 7.1%, and a target operating margin in Y10 of 27%. The DCF fair value under this scenario is $105.68/share.</li>\n <li><i>Best Case Scenario</i>: The business is booming! In the best-case scenario, I see again as the main drivers the one which I described for the base case scenario, however, in addition, I see a greater market penetration in China. Over the last 5 years, we can observe a falling pattern for sales in China, however, this year sales jumped 39.7% (with the iPhone segment rising substantially). Under this scenario, I assume a Y1 growth rate of 14%, a CAGR Y2-Y5 of 9.1%, and a target operating margin in Y10 of 30%. The DCF fair value under this scenario is $130.32/share.</li>\n <li><i>Worst Case Scenario</i>: Well, this is a scenario that I would like to call like \"mature company scenario\". Under this scenario I see Apple growing a little above the growth rate of the economy and for this reason, I assume a Y1 growth rate of 10%, a CAGR Y2-Y5 of 3.1%, and a target operating margin in Y10 of 25%. The DCF fair value under this scenario is $81.03/share.</li>\n</ul>\n<p>Finally, for each scenario, I see Apple entering into the health care market with its Apple Watch. As you can imagine, I assign a different likelihood of market penetration in each of these scenarios.</p>\n<p><b>Sensitivity Analysis</b></p>\n<p>Moreover, I also would like to provide the sensitivity analysis for the base case scenario.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/95f00eba768526d07d68fd846ecf998d\" tg-width=\"640\" tg-height=\"462\" referrerpolicy=\"no-referrer\"><span>Source:Author's estimates using data from the latest 10-K report</span></p>\n<p><b>Technical Analysis</b></p>\n<p>From the technical analysis point of view, I don't see any problem yet. The stock price is in a bullish mode, currently within an ascending triangle pattern. As of right now, the stock price is following its pattern and it is heading to the price target of $137/share or point D, where it is likely to bounce and head back to point E. If this scenario happens, point E is usually the point where stock price bounces once again and from that point, the stock goes higher (it is just a technical analysis assumption, take it as is).</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ecf3e5f45dcb5e30b092c02bbf94d6f9\" tg-width=\"640\" tg-height=\"317\" referrerpolicy=\"no-referrer\"><span>Source:TradingView.com</span></p>\n<p><b>Final Thoughts</b></p>\n<p>Apple is a mature company that is able to see a problem and solve it years ahead. By looking at the fair value, computed under the base case scenario, we can argue that the stock is currently overvalued but not by that much. For what concern risks, the difference between the best-case and the worst-case scenario can be used as a proxy of risk. Taking this into consideration I don't see big reasoning to panic, however, it is also true that I see an upcoming correction for the market. Many indicators, technical and fundamental, are suggesting to me that the market is too heavy right now (even if the S&amp;P500 may go higher, perhaps in the 4400 area). To conclude, I don't think to close out my whole Apple position, however, I will close out 60% of it once it reaches my price target.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple: Winter Is Coming</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple: Winter Is Coming\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-21 10:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4435760-apple-stock-aapl-winter-is-coming><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nApple's stock has rallied 449% in the last five years, outperforming the 102% rise in the S&P 500 over the same period.\nI initiate Apple with a Neutral rating and a fair value of $111.42/...</p>\n\n<a href=\"https://seekingalpha.com/article/4435760-apple-stock-aapl-winter-is-coming\">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/4435760-apple-stock-aapl-winter-is-coming","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175906479","content_text":"Summary\n\nApple's stock has rallied 449% in the last five years, outperforming the 102% rise in the S&P 500 over the same period.\nI initiate Apple with a Neutral rating and a fair value of $111.42/share (vs. the current price of $131.7/share).\nFrom the technical analysis point of view, the stock price is following its ascending triangle pattern and it is heading to the price target of $137/share.\n\nMichael M. Santiago/Getty Images NewsCompany Overview\nApple Inc (AAPL) stock has rallied 449% in the last five years, outperforming the 102% rise in the S&P 500 over the same period. An outstanding return supported by underlying fundamentals. In particular, I would like to start the analysis with the latter.\nOver the last two decades, the dominant driver of Apple's success has been the iPhone. In 2016, iPhones accounted for 63% of total sales. This was a problem for Apple, and they knew it. The problem existed due to two main factors: first, the smartphone business was mature (with low growth rates); second, it was (and it is) a highly competitive business. However, Apple had something other competitors didn't have, a big iPhone owner base (which allows to sell more services for instance). Through the years Apple has been able to effectively diversify its revenue stream and it currently presents the structure represented below.\nSource:Author's estimates using data from the latest 10-K report\nLet's now take a look at each of these segments:\n1. iPhone\nFrom 2016 to 2020, the iPhone segment grew at a CAGR of 0.20% and it changed from representing 63.4% (2016) of total sales to 51% (\"TTM\"). I present below the growth rate for the iPhone segment over the last 5 years (2016-TTM).\nSource:Author's estimates using data from the latest10-K report\nSo far this year the iPhone segment is showing a growth rate of 18.5% TTM, fueled by the new family of iPhone12 with 5G capabilities, and with interesting data coming from China. I believe that the transition to 5G will be the main driver of the growth in this segment. In this manner, I would like to report a piece of the transcript from theQ2 earnings call.\n\nIn the enterprise market, customers across many industries are accelerating their adoption of iPhone 12 and 5G as a key platform for the future of their business. Delta Airlines, for example, is putting iPhone 12 and 5G connectivity into the hands of flight attendants so they can provide the best passenger service possible as air travel rebounds.Openreach in the U.K. has started equipping tens of thousands of field engineers with iPhone 12 to speed up their deployment of broadband services to homes around the country. And UCHealth, a large health care provider in Colorado, was able to reduce per patient vaccination time from 3 minutes to only 30 seconds largely by moving from PC stations to iPhones. This has allowed their staff to rapidly scan and register new patients and vastly increase their daily vaccination capacity.\n\n2. iPad\nAs it was in the past, the iPad segment is more or less a constant number as a % of total sales, 9.6% in 2016 vs 9.1% TTM. From 2016 to 2020, the iPad segment grew at a CAGR of 3.56% (with an improving overall trend). I present below the growth rate for the iPad segment over the last 5 years (2016-TTM).\nSource:Author's estimates using data from the latest 10-K report\nThe TTM numbers show us an interesting picture with a growth rate of 24.9% TTM for the iPad segment which are driven by 3 factors: the M1 chip, the new 5G capabilities, and the fact that we were all at home. I see a lot of ways in which this new generation of iPads can be implemented. However, I also have to admit that there is a big player swimming in the same sea, the new 2-1 Laptops. The new 2-1 Laptops are a very interesting solution for those looking to have the best of the two worlds. In this last view, the iPad segment may represent a lower % of total sales, around 7.8% (vs current 9.1%).\n3. Mac\nFrom 2016 to 2020, the Mac segment grew at a CAGR of 5.81%, and also here, as it is for the iPad segment, the Mac segment represents a more or less constant number as % of total sales 10.6% in 2016 vs 10.4% TTM. I present below the growth rate for the Mac segment over the last 5 years (2016-TTM).\nSource:Author's estimates using data from the latest 10-K report\nThe generation of new Macs powered by the M1 chip seems to be appreciated by the customers, in fact, the Mac segment presents a growth rate of 18.4% TTM so far this year. I personally tried this new generation of Macs and I have to admit, Apple knows very well how to delight its customers. Personal PCs are a highly competitive market and, even if I like and I use Apple products, I prefer to work with a Lenovo.\n4. Wearables, Home, and Accessories (WH&A)\nThe Wearables, Home, and Accessories segment includes sales of AirPods, Apple TV, Apple Watch, Beats products, HomePod, etc. This is where it gets interesting. From 2016 to 2020, the WH&A segment grew at a CAGR of 28.78%, and it changed from representing only 5.2% of total sales in 2016 to represent 10.8% TTM. I present below the growth rate for the WH&A segment over the last 5 years (2016-TTM).\nSource:Author's estimates using data from the latest 10-K report\nThe WH&A segment is showing a growth rate of 14.7% TTM driven by a strong performance from both Apple Watch Series 6 and Apple Watch SE. Apple Watch may have a very bright future in the years ahead, driven by Apple entering into the healthcare market. In fact, it can be used to monitor the health status of the person. Imagine you being close to having a heart attack, your Apple Watch may call an ambulance and save your life, not bad no? Finally, let's don't forget also the launch of Apple TV 4K and of the newest accessory, AirTag (I don't see a market for the latter, but I may be wrong).\n5. Services\nServices include sales from the Company’s advertising, AppleCare, digital content, and other services. From 2016 to 2020, the Services segment grew at a CAGR of 21.9% and it changed from representing 11.3% of total sales in 2016 to represent 18.6% TTM. I present below the growth rate for the Services segment over the last 5 years (2016-TTM).\nSource:Author's estimates using data from the latest 10-K report\nTo date, the Services segment is showing a growth rate of 12.3% TTM. The growth is driven by App Store, Cloud Services, Music, Advertising, and Payment Services. The new services, Apple TV+, Apple Arcade, Apple News+, and Apple Card, are also starting to contribute to overall services growth, and continue to add users, content, and features. I believe that in the future, the Services segment will be the company's dominant segment. Below I present an interesting part I extrapolated from theQ4 earnings call.\n\nFirst, our installed base continues to grow and is at an all-time high across each major product category. Second, the number of both transacting and paid accounts on our digital content stores reached a new all-time high during the September quarter, with paid accounts increasing double digits in each of our geographic segments.Third, paid subscriptions grew more than 35 million sequentially, and we now have over 585 million paid subscriptions across the services on our platform, up 135 million from just a year ago. With this momentum, we are very confident to reach and exceed our increased target of 600 million paid subscriptions before the end of calendar 2020.\n\nCompany Analysis\nI initiate Apple with a Neutral rating and a fair value of $111.42/share (vs. the current price of $131.7/share). The fair value is an algorithm-adjusted value that accounts for different factors, fundamental and technical (e.g. DCF fair value, Momentum, etc.), and so it takes into consideration the Mr. Market mood. At the same time, the fair value which I obtained through the DCF model is equal to $105.68/share. Now before showing the results, the numbers used as the base are the trailing twelve-month numbers. Moreover, I also restated the financials since I capitalized on R&D expenses with an amortizable life of 3 years. I don't believe that in the case of Apple, R&D is an operating expense and for this reason, I treat it as CapEx. By taking into account the R&D, the following metrics have been restated (all numbers in $mm).\nSource:Author's estimates using data from the latest 10-K report\nIt is very important to capitalize on R&D expense, if we don't, we are just keeping the company's biggest asset off-balance sheet.\nDiscounted Cash Flow Model\nNow, let's turn to the discounted cash flow valuation part. Below, you can see the results with the relative assumptions I have made.\nSource:Author's estimates using data from the latest 10-K report\nNow, this time I also present along with my estimates three possible scenarios:\n\nBase Case Scenario: The above DCF model represents my base case scenario. In the base case scenario, I assume the drivers of growth to be: the iPhone segment (driven by 5G transition), the Services segment (driven by a broader customer base), and the new powered M1 Macs segment. Under this scenario, I assume a Y1 growth rate of 12%, a CAGR Y2-Y5 of 7.1%, and a target operating margin in Y10 of 27%. The DCF fair value under this scenario is $105.68/share.\nBest Case Scenario: The business is booming! In the best-case scenario, I see again as the main drivers the one which I described for the base case scenario, however, in addition, I see a greater market penetration in China. Over the last 5 years, we can observe a falling pattern for sales in China, however, this year sales jumped 39.7% (with the iPhone segment rising substantially). Under this scenario, I assume a Y1 growth rate of 14%, a CAGR Y2-Y5 of 9.1%, and a target operating margin in Y10 of 30%. The DCF fair value under this scenario is $130.32/share.\nWorst Case Scenario: Well, this is a scenario that I would like to call like \"mature company scenario\". Under this scenario I see Apple growing a little above the growth rate of the economy and for this reason, I assume a Y1 growth rate of 10%, a CAGR Y2-Y5 of 3.1%, and a target operating margin in Y10 of 25%. The DCF fair value under this scenario is $81.03/share.\n\nFinally, for each scenario, I see Apple entering into the health care market with its Apple Watch. As you can imagine, I assign a different likelihood of market penetration in each of these scenarios.\nSensitivity Analysis\nMoreover, I also would like to provide the sensitivity analysis for the base case scenario.\nSource:Author's estimates using data from the latest 10-K report\nTechnical Analysis\nFrom the technical analysis point of view, I don't see any problem yet. The stock price is in a bullish mode, currently within an ascending triangle pattern. As of right now, the stock price is following its pattern and it is heading to the price target of $137/share or point D, where it is likely to bounce and head back to point E. If this scenario happens, point E is usually the point where stock price bounces once again and from that point, the stock goes higher (it is just a technical analysis assumption, take it as is).\nSource:TradingView.com\nFinal Thoughts\nApple is a mature company that is able to see a problem and solve it years ahead. By looking at the fair value, computed under the base case scenario, we can argue that the stock is currently overvalued but not by that much. For what concern risks, the difference between the best-case and the worst-case scenario can be used as a proxy of risk. Taking this into consideration I don't see big reasoning to panic, however, it is also true that I see an upcoming correction for the market. Many indicators, technical and fundamental, are suggesting to me that the market is too heavy right now (even if the S&P500 may go higher, perhaps in the 4400 area). To conclude, I don't think to close out my whole Apple position, however, I will close out 60% of it once it reaches my price target.","news_type":1},"isVote":1,"tweetType":1,"viewCount":256,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":602194438,"gmtCreate":1638978962060,"gmtModify":1638978962060,"author":{"id":"3584109569464854","authorId":"3584109569464854","name":"crusadersg","avatar":"https://static.tigerbbs.com/6c8e00fed7da0efda8cbfe07749711b5","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584109569464854","authorIdStr":"3584109569464854"},"themes":[],"htmlText":"Grab won't be around in about 5 years. There's intense competition in every field they're in and as a business they've shown themselves to be completely incapable","listText":"Grab won't be around in about 5 years. There's intense competition in every field they're in and as a business they've shown themselves to be completely incapable","text":"Grab won't be around in about 5 years. There's intense competition in every field they're in and as a business they've shown themselves to be completely incapable","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/602194438","repostId":"1115551422","repostType":2,"repost":{"id":"1115551422","kind":"news","pubTimestamp":1638933173,"share":"https://www.laohu8.com/m/news/1115551422?lang=&edition=full","pubTime":"2021-12-08 11:12","market":"us","language":"en","title":"The Grab IPO's Many, Many Problems","url":"https://stock-news.laohu8.com/highlight/detail?id=1115551422","media":"Seeking Alpha","summary":"Summary\n\nSoutheast Asian company Grab launched its public debut last week, but the price drastically","content":"<p>Summary</p>\n<ul>\n <li>Southeast Asian company Grab launched its public debut last week, but the price drastically fell, and it currently has a market cap of about $35 billion.</li>\n <li>Grab is competing in a rich market and offers a wide range of services, but faces intense competition on multiple fronts from larger companies.</li>\n <li>Grab’s revenue is growing rapidly, but it lacks a sustained history, and its profitability and valuation numbers need significant improvement.</li>\n <li>Given the above factors, investors should not consider this IPO.</li>\n</ul>\n<p>The past few days have not gone well for southeast Asian company Grab(NASDAQ:GRAB). The company, or rather the SPAC it merged with known as Altimeter Growth Corp, debuted its IPO last Thursday at a price of $13.05, achieving a valuation of nearly $40 billion and making it one of the largest IPOs of the year. But as&nbsp;CNN&nbsp;reported, the company's valuation declined by 21%. As of the time of writing Monday morning, Grab currently has a share price of $8.99, giving it a market cap of around $35 billion.</p>\n<p>Company president Ming Maa put a brave face on this initial result, telling&nbsp;Fortune&nbsp;that Southeast Asia is on the cusp of a digital revolution and that he believes Grab can grow rapidly and become profitable. But when one looks at Grab's financial numbers and prospects, there are many reasons to be very concerned about this company's future. Grab could very well become another Uber(NYSE:UBER), which after its recent fall is now trading below its IPO price of 2.5 years ago.</p>\n<p><b>The Company Problem</b></p>\n<p>Grab is at its core a ridesharing company and debuted as a taxi app in Malaysia in 2012. But like Uber, it aims to be so much more. The company states in its&nbsp;prospectus&nbsp;that:</p>\n<blockquote>\n \"We enable millions of people each day to access driver- and merchant-partners to order food or groceries, send packages, hail a ride or taxi, pay for online purchases or access services such as lending, insurance, wealth management and telemedicine.\"\n</blockquote>\n<p>It operates across eight countries in the Southeast Asian region.</p>\n<p>At its core, Grab has three main businesses. Its first and most important is ride-hailing, which connects five million \"driver-partners\" with customers. Second, it focuses on food delivery, whether from restaurants or from grocery stores. Finally, Grab has begun focusing on financial services, which includes GrabPay, GrabInsure, and GrabFinance among others. GrabPay is a digital payments solution, GrabInsure offers a variety of insurance, including critical illness insurance and travel insurance, and GrabFinance provides access to loans.</p>\n<p>In short, Grab is offering a wide range of services and products to a region which is rapidly growing and becoming more affluent. Despite going public in the US, Grab is primarily focused with no plans to expand outside the region. Southeast Asia has been badly hit by COVID, and worries about the omicron variant could further decrease economic growth forecasts.</p>\n<p>But the region has plenty of potential, in terms of digital growth and a wealthier population. Grab expects the \"total addressable market to grow from approximately $52 billion in 2020 to more than $180 billion by 2025.\"</p>\n<p>The problem is that, while Grab's potential is high, it also faces intense competition in all these fields. This is especially so in the financial services sector, where Apple(NASDAQ:AAPL)and Google Pay(NASDAQ:GOOGL)(NASDAQ:GOOG)have become active recently. Grab does not have any distinguishing moat which uniquely distinguishes itself from its competitors. And as we have seen with Uber, competition means that ridesharing companies are forced to offer cutthroat rates and discounts, impacting their financial numbers and upsetting their workers.</p>\n<p><b>The Financial Problem</b></p>\n<p>Those discounts and cutthroat rates will be a further problem given Grab's financial situation. The good news is that Grab grew dramatically in over the past year. It reported a revenue of $396 million in the first half of 2021, a 406% growth compared to the same period in 2020.</p>\n<p>But while the revenue growth is impressive, Grab does not have a history of sustained revenue growth. The fact that it reported a revenue of$157 million&nbsp;for the 2021 third quarter, down 9% year to year thanks to increasing COVID restrictions, should further worry investors about whether Grab can maintain such high growth in the face of tough competition.</p>\n<p>Furthermore, its profitability numbers are awful. While tech companies losing money is nothing unusual, Grab did not even make a gross profit in the first half of 2021, with a cost of revenue of $507 million. Its total net loss was $1.4 billion over that timeframe.</p>\n<p>Grab wants to use a figure called adjusted EBITDA, which shows that its earnings improved from a loss of $550 million in the first half of 2020 to a loss of $325 million in 2021. But even if we are to accept this, we are once again looking at a lack of a history of sustained profitability growth. As Uber and Lyft (NASDAQ:LYFT) show, it is not easy to assume that a ridesharing company can become profitable anytime soon.</p>\n<p>Finally, there is the matter of Grab's $35 billion valuation. Grab had $14 billion in total liabilities and $3.6 billion in cash as of June 30, 2021. This gives the company an enterprise value of about $45 billion. If we extrapolate Grab's 2021 first half revenue over the entire year, that gives the company a ludicrous EV/revenue ratio of 56.8. Even this number could be higher, given that its second half revenue probably will not reach its first half, given its disappointing third quarter numbers.</p>\n<p>By contrast, Uber has an EV/revenue of about 5. While Uber is of course a far more established company, Grab's lower valuation is still ridiculously high even by the standards of a tech company.</p>\n<p><b>The Final Problem</b></p>\n<p>Ridesharing companies have not been good investments so far, with Uber and Lyft both falling below their IPO price. But even those companies, warts and all, are still much better investments than Grab. Whether we look at its outsized valuation, its recent drop in revenue, or the competitive nature of its markets, there is little reason to seriously consider this IPO. While it has major potential should things go well, this is already baked into the price. Investors should not even remotely consider this IPO.</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Grab IPO's Many, Many Problems</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Grab IPO's Many, Many Problems\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-08 11:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4473779-grab-stock-ipo-many-problems><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nSoutheast Asian company Grab launched its public debut last week, but the price drastically fell, and it currently has a market cap of about $35 billion.\nGrab is competing in a rich market ...</p>\n\n<a href=\"https://seekingalpha.com/article/4473779-grab-stock-ipo-many-problems\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GRAB":"Grab Holdings"},"source_url":"https://seekingalpha.com/article/4473779-grab-stock-ipo-many-problems","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1115551422","content_text":"Summary\n\nSoutheast Asian company Grab launched its public debut last week, but the price drastically fell, and it currently has a market cap of about $35 billion.\nGrab is competing in a rich market and offers a wide range of services, but faces intense competition on multiple fronts from larger companies.\nGrab’s revenue is growing rapidly, but it lacks a sustained history, and its profitability and valuation numbers need significant improvement.\nGiven the above factors, investors should not consider this IPO.\n\nThe past few days have not gone well for southeast Asian company Grab(NASDAQ:GRAB). The company, or rather the SPAC it merged with known as Altimeter Growth Corp, debuted its IPO last Thursday at a price of $13.05, achieving a valuation of nearly $40 billion and making it one of the largest IPOs of the year. But as CNN reported, the company's valuation declined by 21%. As of the time of writing Monday morning, Grab currently has a share price of $8.99, giving it a market cap of around $35 billion.\nCompany president Ming Maa put a brave face on this initial result, telling Fortune that Southeast Asia is on the cusp of a digital revolution and that he believes Grab can grow rapidly and become profitable. But when one looks at Grab's financial numbers and prospects, there are many reasons to be very concerned about this company's future. Grab could very well become another Uber(NYSE:UBER), which after its recent fall is now trading below its IPO price of 2.5 years ago.\nThe Company Problem\nGrab is at its core a ridesharing company and debuted as a taxi app in Malaysia in 2012. But like Uber, it aims to be so much more. The company states in its prospectus that:\n\n \"We enable millions of people each day to access driver- and merchant-partners to order food or groceries, send packages, hail a ride or taxi, pay for online purchases or access services such as lending, insurance, wealth management and telemedicine.\"\n\nIt operates across eight countries in the Southeast Asian region.\nAt its core, Grab has three main businesses. Its first and most important is ride-hailing, which connects five million \"driver-partners\" with customers. Second, it focuses on food delivery, whether from restaurants or from grocery stores. Finally, Grab has begun focusing on financial services, which includes GrabPay, GrabInsure, and GrabFinance among others. GrabPay is a digital payments solution, GrabInsure offers a variety of insurance, including critical illness insurance and travel insurance, and GrabFinance provides access to loans.\nIn short, Grab is offering a wide range of services and products to a region which is rapidly growing and becoming more affluent. Despite going public in the US, Grab is primarily focused with no plans to expand outside the region. Southeast Asia has been badly hit by COVID, and worries about the omicron variant could further decrease economic growth forecasts.\nBut the region has plenty of potential, in terms of digital growth and a wealthier population. Grab expects the \"total addressable market to grow from approximately $52 billion in 2020 to more than $180 billion by 2025.\"\nThe problem is that, while Grab's potential is high, it also faces intense competition in all these fields. This is especially so in the financial services sector, where Apple(NASDAQ:AAPL)and Google Pay(NASDAQ:GOOGL)(NASDAQ:GOOG)have become active recently. Grab does not have any distinguishing moat which uniquely distinguishes itself from its competitors. And as we have seen with Uber, competition means that ridesharing companies are forced to offer cutthroat rates and discounts, impacting their financial numbers and upsetting their workers.\nThe Financial Problem\nThose discounts and cutthroat rates will be a further problem given Grab's financial situation. The good news is that Grab grew dramatically in over the past year. It reported a revenue of $396 million in the first half of 2021, a 406% growth compared to the same period in 2020.\nBut while the revenue growth is impressive, Grab does not have a history of sustained revenue growth. The fact that it reported a revenue of$157 million for the 2021 third quarter, down 9% year to year thanks to increasing COVID restrictions, should further worry investors about whether Grab can maintain such high growth in the face of tough competition.\nFurthermore, its profitability numbers are awful. While tech companies losing money is nothing unusual, Grab did not even make a gross profit in the first half of 2021, with a cost of revenue of $507 million. Its total net loss was $1.4 billion over that timeframe.\nGrab wants to use a figure called adjusted EBITDA, which shows that its earnings improved from a loss of $550 million in the first half of 2020 to a loss of $325 million in 2021. But even if we are to accept this, we are once again looking at a lack of a history of sustained profitability growth. As Uber and Lyft (NASDAQ:LYFT) show, it is not easy to assume that a ridesharing company can become profitable anytime soon.\nFinally, there is the matter of Grab's $35 billion valuation. Grab had $14 billion in total liabilities and $3.6 billion in cash as of June 30, 2021. This gives the company an enterprise value of about $45 billion. If we extrapolate Grab's 2021 first half revenue over the entire year, that gives the company a ludicrous EV/revenue ratio of 56.8. Even this number could be higher, given that its second half revenue probably will not reach its first half, given its disappointing third quarter numbers.\nBy contrast, Uber has an EV/revenue of about 5. While Uber is of course a far more established company, Grab's lower valuation is still ridiculously high even by the standards of a tech company.\nThe Final Problem\nRidesharing companies have not been good investments so far, with Uber and Lyft both falling below their IPO price. But even those companies, warts and all, are still much better investments than Grab. Whether we look at its outsized valuation, its recent drop in revenue, or the competitive nature of its markets, there is little reason to seriously consider this IPO. While it has major potential should things go well, this is already baked into the price. Investors should not even remotely consider this IPO.","news_type":1},"isVote":1,"tweetType":1,"viewCount":754,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":153855617,"gmtCreate":1625018701739,"gmtModify":1633945783660,"author":{"id":"3584109569464854","authorId":"3584109569464854","name":"crusadersg","avatar":"https://static.tigerbbs.com/6c8e00fed7da0efda8cbfe07749711b5","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584109569464854","authorIdStr":"3584109569464854"},"themes":[],"htmlText":"Absolutely dumb. Why would it close 10.22% higher when it is 'affected' by this news. What kind of trash news and insight is this??","listText":"Absolutely dumb. Why would it close 10.22% higher when it is 'affected' by this news. What kind of trash news and insight is this??","text":"Absolutely dumb. Why would it close 10.22% higher when it is 'affected' by this news. What kind of trash news and insight is this??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/153855617","repostId":"2147929898","repostType":2,"repost":{"id":"2147929898","kind":"news","pubTimestamp":1625009930,"share":"https://www.laohu8.com/m/news/2147929898?lang=&edition=full","pubTime":"2021-06-30 07:38","market":"hk","language":"zh","title":"Coupang(CPNG.US)收涨逾10%，传高盛考虑要求提前偿还2.65亿美元贷款","url":"https://stock-news.laohu8.com/highlight/detail?id=2147929898","media":"智通财经","summary":"智通财经APP获悉，据相关媒体报道，因韩国电商巨头Coupang(CPNG.US)近期发生火灾事件，高盛开始研究是否要求提前偿还为该公司两家物流中心提供的2.65亿美元贷款。报道指出，如果高盛将此次火灾视为违约事件，并要求偿还贷款，那么Coupang或将能获得更为廉价的融资形式。Coupang此前表示，预计火灾造成的损失将高达数亿美元，并获得约3.2亿美元的保险索赔。受此消息影响， 截至收盘，Coupang收涨10.22%，报42.16美元。","content":"<html><body><p>智通财经APP获悉，据相关媒体报道，因韩国电商巨头Coupang(CPNG.US)近期发生火灾事件，<a href=\"https://laohu8.com/S/GS\">高盛</a>开始研究是否要求提前偿还为该公司两家物流中心提供的2.65亿美元贷款。</p><p>报道指出，如果高盛将此次火灾视为违约事件，并要求偿还贷款，那么Coupang或将能获得更为廉价的融资形式。</p><p>Coupang此前表示，预计火灾造成的损失将高达数亿美元，并获得约3.2亿美元的保险索赔。</p><p>受此消息影响， 截至收盘，Coupang收涨10.22%，报42.16美元。</p></body></html>","source":"stock_zhitongcaijing","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>Coupang(CPNG.US)收涨逾10%，传高盛考虑要求提前偿还2.65亿美元贷款</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\">\nCoupang(CPNG.US)收涨逾10%，传高盛考虑要求提前偿还2.65亿美元贷款\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-30 07:38 北京时间&nbsp;&nbsp;&nbsp;<a href=http://www.zhitongcaijing.com/content/detail/504064.html><strong>智通财经</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>智通财经APP获悉，据相关媒体报道，因韩国电商巨头Coupang(CPNG.US)近期发生火灾事件，高盛开始研究是否要求提前偿还为该公司两家物流中心提供的2.65亿美元贷款。报道指出，如果高盛将此次火灾视为违约事件，并要求偿还贷款，那么Coupang或将能获得更为廉价的融资形式。Coupang此前表示，预计火灾造成的损失将高达数亿美元，并获得约3.2亿美元的保险索赔。受此消息影响， 截至收盘，...</p>\n\n<a href=\"http://www.zhitongcaijing.com/content/detail/504064.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/1b3684302211042d481cacf9066fbcca","relate_stocks":{"CPNG":"Coupang, Inc.","GS":"高盛"},"source_url":"http://www.zhitongcaijing.com/content/detail/504064.html","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2147929898","content_text":"智通财经APP获悉，据相关媒体报道，因韩国电商巨头Coupang(CPNG.US)近期发生火灾事件，高盛开始研究是否要求提前偿还为该公司两家物流中心提供的2.65亿美元贷款。报道指出，如果高盛将此次火灾视为违约事件，并要求偿还贷款，那么Coupang或将能获得更为廉价的融资形式。Coupang此前表示，预计火灾造成的损失将高达数亿美元，并获得约3.2亿美元的保险索赔。受此消息影响， 截至收盘，Coupang收涨10.22%，报42.16美元。","news_type":1},"isVote":1,"tweetType":1,"viewCount":347,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":117878624,"gmtCreate":1623133738768,"gmtModify":1634036583077,"author":{"id":"3584109569464854","authorId":"3584109569464854","name":"crusadersg","avatar":"https://static.tigerbbs.com/6c8e00fed7da0efda8cbfe07749711b5","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584109569464854","authorIdStr":"3584109569464854"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/117878624","repostId":"1100482269","repostType":4,"repost":{"id":"1100482269","kind":"news","pubTimestamp":1623109782,"share":"https://www.laohu8.com/m/news/1100482269?lang=&edition=full","pubTime":"2021-06-08 07:49","market":"us","language":"en","title":"Stocks making the biggest moves after hours: Stitch Fix, Marvell, Coupa and more","url":"https://stock-news.laohu8.com/highlight/detail?id=1100482269","media":"cnbc","summary":"Check out the companies making headlines after the bell:Stitch Fix— Shares of Stitch Fix surged 15% ","content":"<div>\n<p>Check out the companies making headlines after the bell:Stitch Fix— Shares of Stitch Fix surged 15% in extended trading after the online styling service reported fiscal third-quarter results beating ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/07/stocks-making-the-biggest-moves-after-hours-stitch-fix-marvell-and-more.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>Stocks making the biggest moves after hours: Stitch Fix, Marvell, Coupa and more</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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 making the biggest moves after hours: Stitch Fix, Marvell, Coupa and more\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-08 07:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/07/stocks-making-the-biggest-moves-after-hours-stitch-fix-marvell-and-more.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Check out the companies making headlines after the bell:Stitch Fix— Shares of Stitch Fix surged 15% in extended trading after the online styling service reported fiscal third-quarter results beating ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/07/stocks-making-the-biggest-moves-after-hours-stitch-fix-marvell-and-more.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COUP":"Coupa Software Inc","MRVL":"迈威尔科技","BIIB":"渤健公司","KDP":"Keurig Dr Pepper Inc","SFIX":"Stitch Fix Inc.","AMC":"AMC院线"},"source_url":"https://www.cnbc.com/2021/06/07/stocks-making-the-biggest-moves-after-hours-stitch-fix-marvell-and-more.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1100482269","content_text":"Check out the companies making headlines after the bell:Stitch Fix— Shares of Stitch Fix surged 15% in extended trading after the online styling service reported fiscal third-quarter results beating Wall Street expectations. The company posted a loss of 18 cents per share on revenue of $536 million. Analysts were expecting a loss of 27 cents per share on revenue of $511 million, according to Refinitiv. Stitch Fix reported 4.1 million active clients, up 20% year-over-year and higher than the previous quarter.Marvell Technology— Marvell shares traded 2.6% higher after hours following better-than-expected first-quarter earnings.Coupa Software— Shares of Coupa Software fell 7% in extended trading despite beating Wall Street expectations for the company’s first-quarter financial results. Coupa reported adjusted earnings of 7 cents per share, beating analysts’ expectations of a 19-cent loss per share, according to Refinitiv. The company posted revenue of $166.9 million, which topped Wall Street’s projection of $152.6 million.Keurig Dr Pepper— Shares of the company fell 2.3% in extended trading after it announced a secondary offering of 28 million shares on behalf of Mondelez International Holdings. The stock sale represents about 2% of KDP’s outstanding common stock, according to the company.AMC Entertainment— Shares of AMC added 3% in extended trading after the meme stock rallied another 14.8% in the regular session. The movie theater stock soared 83% last week amid speculative trading led by retail investors.","news_type":1},"isVote":1,"tweetType":1,"viewCount":289,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}