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AndyCHLim

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2021-06-23

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Apple Stock: Why Waiting To Buy Is A Bad Move

2021-12-20

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Nike, Micron, BlackBerry, CarMax, and Other Stocks for Investors to Watch This Week

2021-07-13

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Analysis: Wall Street charges ahead but some option traders hedge against sharp pullback

2021-07-23

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2021-07-21

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Airline stocks, Cruise Stocks rally continues in morning trading

2021-06-19

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Adobe Getting Lift From Economic Reopening Post-Pandemic

2021-08-05

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“北美支付宝”Square持续拉升，创历史新高

2021-10-09

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China's Zijin Mining to acquire Neo Lithium in $737 mln deal

2021-10-16

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JPMorgan On Amazon Stock: 29% Upside Potential

2021-09-01

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2021-06-21

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Why Biogen Isn't a Buy After Its Alzheimer's Drug Approval

2021-11-06

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Semiconductor stocks climbed in morning trading

2021-07-03

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Inflation has 'really rung' an alarm for equities forecast, Acadian portfolio manager says

2021-12-21

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2021-11-07

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SolarWinds investors allege board knew about cyber risks

2021-08-02

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2021-08-04

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巴芒组合里消失的第三人

2021-07-15

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Democrats’ $3.5 trillion budget package funds family programs, clean energy and Medicare expansion

2021-07-01

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Clear Secure spikes 34% on its first day of trading

2021-07-06

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Goldman upgrades American Express to buy, says stock can rise more than 30%

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Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1640261575,"share":"https://www.laohu8.com/m/news/1131939728?lang=&edition=full","pubTime":"2021-12-23 20:12","market":"us","language":"en","title":"Intel's France, Germany, Italy Plans: All You Need To Know","url":"https://stock-news.laohu8.com/highlight/detail?id=1131939728","media":"Benzinga","summary":"Intel aims to bring more production back to the U.S. and Europe, counterbalancing Asia’s manufacturi","content":"<p>Intel aims to bring more production back to the U.S. and Europe, counterbalancing Asia’s manufacturing dominance.</p>\n<ul>\n <li><b>Intel Corp</b>&nbsp;looks to add facilities in France and Italy and put a critical production site in Germany in its bid to go global,&nbsp;Bloomberg reports.</li>\n <li>France will be home to a research and design center, and Italy will be the location of a test and assembly factory.</li>\n <li>The central wafer fabrication plant, or fab, will likely be built in Germany.</li>\n <li>State-of-the-art chip production plants cost over $20 billion, and their most expensive component, machinery, is usually obsolete within five years.</li>\n <li>The German plant could have a price tag in that range. Meanwhile, the report added that the Italian test and assembly plant would cost around $10 billion.</li>\n <li>Intel and government officials are still negotiating on the site, with Sicily being one area under consideration.</li>\n <li>Intel may build the French R&amp;D center in either Paris or Grenoble. Such facilities typically cost only a fraction of the amount needed to make a factory.</li>\n <li>Even with the potential government help, Intel is budgeting up to $28 billion for new plants and equipment in 2022, up from roughly $18 billion this year.</li>\n <li>The report added that Intel looks to build factories that make chips for other companies, directly rivaling&nbsp;<b>Taiwan Semiconductor Manufacturing Co Ltd</b>&nbsp;in the so-called foundry business.</li>\n</ul>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Intel's France, Germany, Italy Plans: All You Need To Know</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIntel's France, Germany, Italy Plans: All You Need To Know\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-12-23 20:12</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Intel aims to bring more production back to the U.S. and Europe, counterbalancing Asia’s manufacturing dominance.</p>\n<ul>\n <li><b>Intel Corp</b>&nbsp;looks to add facilities in France and Italy and put a critical production site in Germany in its bid to go global,&nbsp;Bloomberg reports.</li>\n <li>France will be home to a research and design center, and Italy will be the location of a test and assembly factory.</li>\n <li>The central wafer fabrication plant, or fab, will likely be built in Germany.</li>\n <li>State-of-the-art chip production plants cost over $20 billion, and their most expensive component, machinery, is usually obsolete within five years.</li>\n <li>The German plant could have a price tag in that range. Meanwhile, the report added that the Italian test and assembly plant would cost around $10 billion.</li>\n <li>Intel and government officials are still negotiating on the site, with Sicily being one area under consideration.</li>\n <li>Intel may build the French R&amp;D center in either Paris or Grenoble. Such facilities typically cost only a fraction of the amount needed to make a factory.</li>\n <li>Even with the potential government help, Intel is budgeting up to $28 billion for new plants and equipment in 2022, up from roughly $18 billion this year.</li>\n <li>The report added that Intel looks to build factories that make chips for other companies, directly rivaling&nbsp;<b>Taiwan Semiconductor Manufacturing Co Ltd</b>&nbsp;in the so-called foundry business.</li>\n</ul>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"INTC":"英特尔"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1131939728","content_text":"Intel aims to bring more production back to the U.S. and Europe, counterbalancing Asia’s manufacturing dominance.\n\nIntel Corp looks to add facilities in France and Italy and put a critical production site in Germany in its bid to go global, Bloomberg reports.\nFrance will be home to a research and design center, and Italy will be the location of a test and assembly factory.\nThe central wafer fabrication plant, or fab, will likely be built in Germany.\nState-of-the-art chip production plants cost over $20 billion, and their most expensive component, machinery, is usually obsolete within five years.\nThe German plant could have a price tag in that range. Meanwhile, the report added that the Italian test and assembly plant would cost around $10 billion.\nIntel and government officials are still negotiating on the site, with Sicily being one area under consideration.\nIntel may build the French R&D center in either Paris or Grenoble. Such facilities typically cost only a fraction of the amount needed to make a factory.\nEven with the potential government help, Intel is budgeting up to $28 billion for new plants and equipment in 2022, up from roughly $18 billion this year.\nThe report added that Intel looks to build factories that make chips for other companies, directly rivaling Taiwan Semiconductor Manufacturing Co Ltd in the so-called foundry business.","news_type":1},"isVote":1,"tweetType":1,"viewCount":641,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":691090238,"gmtCreate":1640094215920,"gmtModify":1640094216012,"author":{"id":"3584660223518204","authorId":"3584660223518204","name":"AndyCHLim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584660223518204","authorIdStr":"3584660223518204"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/691090238","repostId":"1155803366","repostType":4,"repost":{"id":"1155803366","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1640091738,"share":"https://www.laohu8.com/m/news/1155803366?lang=&edition=full","pubTime":"2021-12-21 21:02","market":"us","language":"en","title":"Toplines Before US Market Open on Tuesday","url":"https://stock-news.laohu8.com/highlight/detail?id=1155803366","media":"Tiger Newspress","summary":"U.S. stock index futures surged on Tuesday, following a steep selloff in the previous session, as st","content":"<p>U.S. stock index futures surged on Tuesday, following a steep selloff in the previous session, as strong quarterly earnings from Nike and a positive forecast from chipmaker Micron helped lift sentiment.</p>\n<p>At 8:00 a.m. ET, Dow E-minis were up 297 points, or 0.85%, S&amp;P 500 E-minis were up 44 points, or 0.97% and Nasdaq 100 E-minis were up 181.25 points, or 1.16%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/36ea59c1eff94ceee051acd93acfabcd\" tg-width=\"676\" tg-height=\"222\" referrerpolicy=\"no-referrer\"><span>*Source From Tiger Trade, EST 08:00</span></p>\n<p>A rapidly spreading Omicron variant has rattled stock markets around the world, triggering major routs in the final month of the year, as investor fret about its impact on the global recovery.</p>\n<p>Investors have taken a more defensive stance this month, with sectors such as consumer staples(.SPLCRS), real estate&nbsp;and utilities&nbsp;among top gainers in December.</p>\n<p><b>Stocks making the biggest moves in the premarket:</b></p>\n<p><a href=\"https://laohu8.com/S/NKE\">Nike</a> (NKE) – Nike jumped 3.5% in the premarket after it reported quarterly earnings of 83 cents per share, 20 cents a share above estimates. Revenue was slightly above forecasts, but the athletic footwear and apparel maker said sales were hurt by a slowdown in production and transportation of its goods.</p>\n<p><a href=\"https://laohu8.com/S/MU\">Micron Technology</a> (MU) – Micron beat estimates by 5 cents a share, with quarterly profit of $2.16 per share. The chip maker’s revenue also came in above consensus. Micron gave an upbeat forecast, amid continued strong demand for its chips. Its shares leaped 8.2% in premarket action.</p>\n<p><a href=\"https://laohu8.com/S/BRZE\">Braze, Inc.</a> (BRZE) – Braze reported a lower-than-expected loss and better-than-expected revenue in the cloud computing company’s first report since going public in mid-November. The stock surged 11.9% in the premarket.</p>\n<p><a href=\"https://laohu8.com/S/CTXS\">Citrix</a> (CTXS) – Citrix shares surged 7.8% in premarket trading following a Bloomberg report that Elliott Investment Management and Vista Equity Partners are considering a joint bid for the software maker.</p>\n<p><a href=\"https://laohu8.com/S/GIS\">General Mills</a> (GIS) – General Mills missed earnings estimates by 6 cents a share, with quarterly profit of 99 cents per share. The food producer’s revenue was above Wall Street forecasts. The company raised its full-year sales forecast, as at-home dining demand remains elevated, but said it is still dealing with higher input costs and supply chain disruptions. Its shares fell 1.9% in the premarket.</p>\n<p><a href=\"https://laohu8.com/S/RAD\">Rite Aid</a> (RAD) – The drugstore chain earned a profit of 15 cents per share, compared to expectations of a 32 cents per share quarterly loss. Rite Aid also announced a store closure program, initially targeting 63 stores with an expected annual savings of about $25 million. The stock rallied 4% in premarket trading.</p>\n<p><a href=\"https://laohu8.com/S/FDS\">FactSet Research</a> (FDS) – The financial information provider earned $3.25 per share for its latest quarter, 25 cents a share above estimates. Revenue came in above consensus as well, boosted by higher sales of analytics and research solutions.</p>\n<p><a href=\"https://laohu8.com/S/MRNA\">Moderna, Inc.</a> (MRNA) – Moderna CEO Stephane Bancel told a Swiss newspaper that work on a booster to protect against the Covid-19 omicron variant could begin within a few weeks, adding that only minor adjustments would be needed. Moderna had said earlier this week that a booster dose of its current vaccine increases protection against the omicron variant by 37-fold.</p>\n<p><a href=\"https://laohu8.com/S/NKLA\">Nikola Corporation</a> (NKLA) – The electric vehicle company will pay a $125 million civil penalty to settle Securities and Exchange Commission charges that it had allegedly defrauded investors. Nikola said the settlement resolves all outstanding issues and investigations. Its shares added 3.1% in the premarket.</p>\n<p><a href=\"https://laohu8.com/S/SEDG\">SolarEdge</a> (SEDG) – The solar equipment maker’s stock rose 2.5% in premarket trading after it was named a “top pick” at Cowen. The firm said investor enthusiasm remains high for both solar and fuel cell technology, despite a move by California to dampen solar incentives.</p>\n<p><a href=\"https://laohu8.com/S/NVDA\">NVIDIA Corp</a> (NVDA) – The graphics chipmaker’s stock added 3% in the premarket after it was named a “top pick” at UBS, which notes Nvidia’s “wide moats” in its markets.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Toplines Before US Market Open on Tuesday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nToplines Before US Market Open on Tuesday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-12-21 21:02</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>U.S. stock index futures surged on Tuesday, following a steep selloff in the previous session, as strong quarterly earnings from Nike and a positive forecast from chipmaker Micron helped lift sentiment.</p>\n<p>At 8:00 a.m. ET, Dow E-minis were up 297 points, or 0.85%, S&amp;P 500 E-minis were up 44 points, or 0.97% and Nasdaq 100 E-minis were up 181.25 points, or 1.16%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/36ea59c1eff94ceee051acd93acfabcd\" tg-width=\"676\" tg-height=\"222\" referrerpolicy=\"no-referrer\"><span>*Source From Tiger Trade, EST 08:00</span></p>\n<p>A rapidly spreading Omicron variant has rattled stock markets around the world, triggering major routs in the final month of the year, as investor fret about its impact on the global recovery.</p>\n<p>Investors have taken a more defensive stance this month, with sectors such as consumer staples(.SPLCRS), real estate&nbsp;and utilities&nbsp;among top gainers in December.</p>\n<p><b>Stocks making the biggest moves in the premarket:</b></p>\n<p><a href=\"https://laohu8.com/S/NKE\">Nike</a> (NKE) – Nike jumped 3.5% in the premarket after it reported quarterly earnings of 83 cents per share, 20 cents a share above estimates. Revenue was slightly above forecasts, but the athletic footwear and apparel maker said sales were hurt by a slowdown in production and transportation of its goods.</p>\n<p><a href=\"https://laohu8.com/S/MU\">Micron Technology</a> (MU) – Micron beat estimates by 5 cents a share, with quarterly profit of $2.16 per share. The chip maker’s revenue also came in above consensus. Micron gave an upbeat forecast, amid continued strong demand for its chips. Its shares leaped 8.2% in premarket action.</p>\n<p><a href=\"https://laohu8.com/S/BRZE\">Braze, Inc.</a> (BRZE) – Braze reported a lower-than-expected loss and better-than-expected revenue in the cloud computing company’s first report since going public in mid-November. The stock surged 11.9% in the premarket.</p>\n<p><a href=\"https://laohu8.com/S/CTXS\">Citrix</a> (CTXS) – Citrix shares surged 7.8% in premarket trading following a Bloomberg report that Elliott Investment Management and Vista Equity Partners are considering a joint bid for the software maker.</p>\n<p><a href=\"https://laohu8.com/S/GIS\">General Mills</a> (GIS) – General Mills missed earnings estimates by 6 cents a share, with quarterly profit of 99 cents per share. The food producer’s revenue was above Wall Street forecasts. The company raised its full-year sales forecast, as at-home dining demand remains elevated, but said it is still dealing with higher input costs and supply chain disruptions. Its shares fell 1.9% in the premarket.</p>\n<p><a href=\"https://laohu8.com/S/RAD\">Rite Aid</a> (RAD) – The drugstore chain earned a profit of 15 cents per share, compared to expectations of a 32 cents per share quarterly loss. Rite Aid also announced a store closure program, initially targeting 63 stores with an expected annual savings of about $25 million. The stock rallied 4% in premarket trading.</p>\n<p><a href=\"https://laohu8.com/S/FDS\">FactSet Research</a> (FDS) – The financial information provider earned $3.25 per share for its latest quarter, 25 cents a share above estimates. Revenue came in above consensus as well, boosted by higher sales of analytics and research solutions.</p>\n<p><a href=\"https://laohu8.com/S/MRNA\">Moderna, Inc.</a> (MRNA) – Moderna CEO Stephane Bancel told a Swiss newspaper that work on a booster to protect against the Covid-19 omicron variant could begin within a few weeks, adding that only minor adjustments would be needed. Moderna had said earlier this week that a booster dose of its current vaccine increases protection against the omicron variant by 37-fold.</p>\n<p><a href=\"https://laohu8.com/S/NKLA\">Nikola Corporation</a> (NKLA) – The electric vehicle company will pay a $125 million civil penalty to settle Securities and Exchange Commission charges that it had allegedly defrauded investors. Nikola said the settlement resolves all outstanding issues and investigations. Its shares added 3.1% in the premarket.</p>\n<p><a href=\"https://laohu8.com/S/SEDG\">SolarEdge</a> (SEDG) – The solar equipment maker’s stock rose 2.5% in premarket trading after it was named a “top pick” at Cowen. The firm said investor enthusiasm remains high for both solar and fuel cell technology, despite a move by California to dampen solar incentives.</p>\n<p><a href=\"https://laohu8.com/S/NVDA\">NVIDIA Corp</a> (NVDA) – The graphics chipmaker’s stock added 3% in the premarket after it was named a “top pick” at UBS, which notes Nvidia’s “wide moats” in its markets.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155803366","content_text":"U.S. stock index futures surged on Tuesday, following a steep selloff in the previous session, as strong quarterly earnings from Nike and a positive forecast from chipmaker Micron helped lift sentiment.\nAt 8:00 a.m. ET, Dow E-minis were up 297 points, or 0.85%, S&P 500 E-minis were up 44 points, or 0.97% and Nasdaq 100 E-minis were up 181.25 points, or 1.16%.\n*Source From Tiger Trade, EST 08:00\nA rapidly spreading Omicron variant has rattled stock markets around the world, triggering major routs in the final month of the year, as investor fret about its impact on the global recovery.\nInvestors have taken a more defensive stance this month, with sectors such as consumer staples(.SPLCRS), real estate and utilities among top gainers in December.\nStocks making the biggest moves in the premarket:\nNike (NKE) – Nike jumped 3.5% in the premarket after it reported quarterly earnings of 83 cents per share, 20 cents a share above estimates. Revenue was slightly above forecasts, but the athletic footwear and apparel maker said sales were hurt by a slowdown in production and transportation of its goods.\nMicron Technology (MU) – Micron beat estimates by 5 cents a share, with quarterly profit of $2.16 per share. The chip maker’s revenue also came in above consensus. Micron gave an upbeat forecast, amid continued strong demand for its chips. Its shares leaped 8.2% in premarket action.\nBraze, Inc. (BRZE) – Braze reported a lower-than-expected loss and better-than-expected revenue in the cloud computing company’s first report since going public in mid-November. The stock surged 11.9% in the premarket.\nCitrix (CTXS) – Citrix shares surged 7.8% in premarket trading following a Bloomberg report that Elliott Investment Management and Vista Equity Partners are considering a joint bid for the software maker.\nGeneral Mills (GIS) – General Mills missed earnings estimates by 6 cents a share, with quarterly profit of 99 cents per share. The food producer’s revenue was above Wall Street forecasts. The company raised its full-year sales forecast, as at-home dining demand remains elevated, but said it is still dealing with higher input costs and supply chain disruptions. Its shares fell 1.9% in the premarket.\nRite Aid (RAD) – The drugstore chain earned a profit of 15 cents per share, compared to expectations of a 32 cents per share quarterly loss. Rite Aid also announced a store closure program, initially targeting 63 stores with an expected annual savings of about $25 million. The stock rallied 4% in premarket trading.\nFactSet Research (FDS) – The financial information provider earned $3.25 per share for its latest quarter, 25 cents a share above estimates. Revenue came in above consensus as well, boosted by higher sales of analytics and research solutions.\nModerna, Inc. (MRNA) – Moderna CEO Stephane Bancel told a Swiss newspaper that work on a booster to protect against the Covid-19 omicron variant could begin within a few weeks, adding that only minor adjustments would be needed. Moderna had said earlier this week that a booster dose of its current vaccine increases protection against the omicron variant by 37-fold.\nNikola Corporation (NKLA) – The electric vehicle company will pay a $125 million civil penalty to settle Securities and Exchange Commission charges that it had allegedly defrauded investors. Nikola said the settlement resolves all outstanding issues and investigations. Its shares added 3.1% in the premarket.\nSolarEdge (SEDG) – The solar equipment maker’s stock rose 2.5% in premarket trading after it was named a “top pick” at Cowen. The firm said investor enthusiasm remains high for both solar and fuel cell technology, despite a move by California to dampen solar incentives.\nNVIDIA Corp (NVDA) – The graphics chipmaker’s stock added 3% in the premarket after it was named a “top pick” at UBS, which notes Nvidia’s “wide moats” in its markets.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1022,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":693927232,"gmtCreate":1639963311372,"gmtModify":1639963311456,"author":{"id":"3584660223518204","authorId":"3584660223518204","name":"AndyCHLim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584660223518204","authorIdStr":"3584660223518204"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":12,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/693927232","repostId":"1130704419","repostType":4,"repost":{"id":"1130704419","kind":"news","pubTimestamp":1639953553,"share":"https://www.laohu8.com/m/news/1130704419?lang=&edition=full","pubTime":"2021-12-20 06:39","market":"us","language":"en","title":"Nike, Micron, BlackBerry, CarMax, and Other Stocks for Investors to Watch This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=1130704419","media":"Barrons","summary":"Stock and bond markets around the world will be closed Friday in observance of Christmas. Before the holiday break,Nike and Micron Technology report on Monday,BlackBerry and General Mills on Tuesday, and CarMax,Cintas,and Paychex on Wednesday.It will be a busy week of economic data releases. On Monday, the Conference Board publishes its Leading Economic Index for November, followed by its Consumer Confidence Index for December on Wednesday.On Thursday, the Bureau of Economic Analysis reports per","content":"<p>Stock and bond markets around the world will be closed Friday in observance of Christmas. Before the holiday&nbsp;break,Nike&nbsp;and&nbsp;Micron Technology&nbsp;report on Monday,BlackBerry&nbsp;and&nbsp;General Mills&nbsp;on Tuesday, and&nbsp;CarMax,Cintas,and&nbsp;Paychex&nbsp;on Wednesday.</p>\n<p>It will be a busy week of economic data releases. On Monday, the&nbsp;Conference Board publishes its Leading Economic Index for November, followed&nbsp;by its Consumer Confidence Index for December on Wednesday.</p>\n<p>On Thursday, the&nbsp;Bureau of Economic Analysis reports personal income and consumption expenditures for November. Consumer earnings are forecast to have risen 0.6% while spending is seen climbing 0.5%. The Federal Reserve’s preferred measure of inflation, the core&nbsp;PCE price index, is expected to have spiked 4.5% in November.</p>\n<p>Also Thursday, the Census Bureau releases the durable goods report for November, which will provide a window into investment spending in the economy. New orders are forecast to have risen 2.1%. Housing-market indicators out this week include existing-home sales for November on Wednesday and new-home sales for November on Thursday.</p>\n<p><b>Monday 12/20</b></p>\n<p>Micron Technology and Nike report quarterly results.</p>\n<p><b>The Conference Board</b> releases its Leading Economic Index for November. Consensus estimate is for a 119 reading, which would be 0.6% more than October’s level. The Conference Board currently projects a 5% growth rate for fourth-quarter gross domestic product and a slower but still robust 2.6% for 2022.</p>\n<p><b>Tuesday 12/21</b></p>\n<p>BlackBerry,FactSet Research Systems,and General Mills announce earnings.</p>\n<p><b>Wednesday 12/22</b></p>\n<p><b>The NAR reports</b> existing-home sales for November. Economists forecast a seasonally adjusted annual rate of 6.4 million homes sold, slightly more than in October and the highest since the beginning of the year.</p>\n<p>CarMax, Cintas, and Paychex hold conference calls to discuss quarterly results.</p>\n<p><b>The Bureau of Economic</b> Analysis reports its third and final estimate for third-quarter GDP. Economists forecast a 2.1% seasonally adjusted annual growth rate, unchanged from November’s second estimate.</p>\n<p><b>The Conference Board</b> releases its Consumer Confidence Index for December. Expectations are for a 110 reading, roughly even with the November data. The index is 15% lower than the postpandemic peak reached in June of this year, due to concerns about rising prices and, to a lesser degree, Covid-19 variants.</p>\n<p><b>Thursday 12/23</b></p>\n<p><b>The Department of Labor</b> reports initial jobless claims for the week ending on Dec. 18. Jobless claims have averaged 225,667 a week in November and December, and have finally reached prepandemic levels.</p>\n<p><b>The Census Bureau</b> reports new-home sales for November. Consensus estimate is for a seasonally adjusted annual rate of 770,000 new single-family houses sold, 25,000 more than in October. The median sales price of new houses sold in October was $407,700, while the average sales price was $477,800—both record highs.</p>\n<p><b>The BEA reports</b> personal income and consumption expenditures for November. Economists forecast a 0.6% monthly increase for income and 0.5% for consumption. This compares with gains for 0.5% and 1.3%, respectively, in October. The Federal Reserve’s preferred inflation gauge, the core PCE price index, jumped 4.1% year over year in October, the fastest rate since 1991. Predictions are for it to spike 4.6% in November.</p>\n<p><b>The Census Bureau</b> releases the durable goods report for November. New orders for durable manufactured goods are expected to increase 2.1%, to $265.6 billion. Excluding transportation, new orders are seen gaining 0.6%, compared with a 0.5% rise in October.</p>\n<p><b>Friday 12/24</b></p>\n<p><b>U.S. equity</b>&nbsp;and fixed-income markets are closed in observance of Christmas.</p>","source":"lsy1601382232898","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>Nike, Micron, BlackBerry, CarMax, and Other Stocks for Investors to Watch This Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNike, Micron, BlackBerry, CarMax, and Other Stocks for Investors to Watch This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-20 06:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/nike-micron-blackberry-carmax-and-other-stocks-for-investors-to-watch-this-week-51639944183?mod=hp_LEAD_5><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stock and bond markets around the world will be closed Friday in observance of Christmas. Before the holiday break,Nike and Micron Technology report on Monday,BlackBerry and General Mills on Tuesday, ...</p>\n\n<a href=\"https://www.barrons.com/articles/nike-micron-blackberry-carmax-and-other-stocks-for-investors-to-watch-this-week-51639944183?mod=hp_LEAD_5\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"KMX":"车美仕","MU":"美光科技",".IXIC":"NASDAQ Composite","PAYX":"沛齐","GIS":"通用磨坊",".SPX":"S&P 500 Index","CTAS":"信达思",".DJI":"道琼斯"},"source_url":"https://www.barrons.com/articles/nike-micron-blackberry-carmax-and-other-stocks-for-investors-to-watch-this-week-51639944183?mod=hp_LEAD_5","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1130704419","content_text":"Stock and bond markets around the world will be closed Friday in observance of Christmas. Before the holiday break,Nike and Micron Technology report on Monday,BlackBerry and General Mills on Tuesday, and CarMax,Cintas,and Paychex on Wednesday.\nIt will be a busy week of economic data releases. On Monday, the Conference Board publishes its Leading Economic Index for November, followed by its Consumer Confidence Index for December on Wednesday.\nOn Thursday, the Bureau of Economic Analysis reports personal income and consumption expenditures for November. Consumer earnings are forecast to have risen 0.6% while spending is seen climbing 0.5%. The Federal Reserve’s preferred measure of inflation, the core PCE price index, is expected to have spiked 4.5% in November.\nAlso Thursday, the Census Bureau releases the durable goods report for November, which will provide a window into investment spending in the economy. New orders are forecast to have risen 2.1%. Housing-market indicators out this week include existing-home sales for November on Wednesday and new-home sales for November on Thursday.\nMonday 12/20\nMicron Technology and Nike report quarterly results.\nThe Conference Board releases its Leading Economic Index for November. Consensus estimate is for a 119 reading, which would be 0.6% more than October’s level. The Conference Board currently projects a 5% growth rate for fourth-quarter gross domestic product and a slower but still robust 2.6% for 2022.\nTuesday 12/21\nBlackBerry,FactSet Research Systems,and General Mills announce earnings.\nWednesday 12/22\nThe NAR reports existing-home sales for November. Economists forecast a seasonally adjusted annual rate of 6.4 million homes sold, slightly more than in October and the highest since the beginning of the year.\nCarMax, Cintas, and Paychex hold conference calls to discuss quarterly results.\nThe Bureau of Economic Analysis reports its third and final estimate for third-quarter GDP. Economists forecast a 2.1% seasonally adjusted annual growth rate, unchanged from November’s second estimate.\nThe Conference Board releases its Consumer Confidence Index for December. Expectations are for a 110 reading, roughly even with the November data. The index is 15% lower than the postpandemic peak reached in June of this year, due to concerns about rising prices and, to a lesser degree, Covid-19 variants.\nThursday 12/23\nThe Department of Labor reports initial jobless claims for the week ending on Dec. 18. Jobless claims have averaged 225,667 a week in November and December, and have finally reached prepandemic levels.\nThe Census Bureau reports new-home sales for November. Consensus estimate is for a seasonally adjusted annual rate of 770,000 new single-family houses sold, 25,000 more than in October. The median sales price of new houses sold in October was $407,700, while the average sales price was $477,800—both record highs.\nThe BEA reports personal income and consumption expenditures for November. Economists forecast a 0.6% monthly increase for income and 0.5% for consumption. This compares with gains for 0.5% and 1.3%, respectively, in October. The Federal Reserve’s preferred inflation gauge, the core PCE price index, jumped 4.1% year over year in October, the fastest rate since 1991. Predictions are for it to spike 4.6% in November.\nThe Census Bureau releases the durable goods report for November. New orders for durable manufactured goods are expected to increase 2.1%, to $265.6 billion. Excluding transportation, new orders are seen gaining 0.6%, compared with a 0.5% rise in October.\nFriday 12/24\nU.S. equity and fixed-income markets are closed in observance of Christmas.","news_type":1},"isVote":1,"tweetType":1,"viewCount":807,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":845947446,"gmtCreate":1636272686021,"gmtModify":1636272686156,"author":{"id":"3584660223518204","authorId":"3584660223518204","name":"AndyCHLim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584660223518204","authorIdStr":"3584660223518204"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/845947446","repostId":"2181740934","repostType":4,"repost":{"id":"2181740934","kind":"news","pubTimestamp":1636261200,"share":"https://www.laohu8.com/m/news/2181740934?lang=&edition=full","pubTime":"2021-11-07 13:00","market":"us","language":"en","title":"SolarWinds investors allege board knew about cyber risks","url":"https://stock-news.laohu8.com/highlight/detail?id=2181740934","media":"The Straits Times","summary":"NEW YORK (REUTERS) - SolarWinds investors have sued the software company's directors, alleging they ","content":"<div>\n<p>NEW YORK (REUTERS) - SolarWinds investors have sued the software company's directors, alleging they knew about and failed to monitor cyber-security risks to the company ahead of a breach that created ...</p>\n\n<a href=\"http://www.straitstimes.com/tech/tech-news/solarwinds-investors-allege-board-knew-about-cyber-risks\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SolarWinds investors allege board knew about cyber risks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSolarWinds investors allege board knew about cyber risks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-07 13:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/tech/tech-news/solarwinds-investors-allege-board-knew-about-cyber-risks><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (REUTERS) - SolarWinds investors have sued the software company's directors, alleging they knew about and failed to monitor cyber-security risks to the company ahead of a breach that created ...</p>\n\n<a href=\"http://www.straitstimes.com/tech/tech-news/solarwinds-investors-allege-board-knew-about-cyber-risks\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SWI":"SolarWinds Corp"},"source_url":"http://www.straitstimes.com/tech/tech-news/solarwinds-investors-allege-board-knew-about-cyber-risks","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2181740934","content_text":"NEW YORK (REUTERS) - SolarWinds investors have sued the software company's directors, alleging they knew about and failed to monitor cyber-security risks to the company ahead of a breach that created a vulnerability in thousands of its customers' systems.\nThe lawsuit filed in Delaware on Thursday (Nov 4) appears to be the first based on records shareholders demanded from the company after Reuters reported last December that malicious code inserted into one of the company's software updates left United States government agencies and companies exposed.\nThe lawsuit names a mix of current and former directors as defendants.\nA SolarWinds spokesman said the company does not comment on pending litigation, but noted it is focused on \"deepening\" customer relationships and \"openly discussing our Secure by Design initiatives as we look to set the standard for secure software development\".\nLed by a Missouri pension fund, the investors allege that the board failed to implement procedures to monitor cyber-security risks, such as requiring the company's management to report on those risks regularly.\nThey are seeking damages on behalf of the company and to reform the company's policies on cyber-security oversight.\nThe lawsuit is the latest fallout over the breach of SolarWinds' software, which gave hackers access to the data of thousands of companies and government offices that used its products and which US officials have attributed to Russia.\nSolarWinds has said it is cooperating with investigations into the breach by the US Securities and Exchange Commission, Department of Justice and others. The company has moved to dismiss another shareholder lawsuit seeking damages for a decline in its share price.","news_type":1},"isVote":1,"tweetType":1,"viewCount":751,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":842381068,"gmtCreate":1636133916145,"gmtModify":1636133916315,"author":{"id":"3584660223518204","authorId":"3584660223518204","name":"AndyCHLim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584660223518204","authorIdStr":"3584660223518204"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/842381068","repostId":"1156595517","repostType":4,"repost":{"id":"1156595517","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1636124945,"share":"https://www.laohu8.com/m/news/1156595517?lang=&edition=full","pubTime":"2021-11-05 23:09","market":"us","language":"en","title":"Semiconductor stocks climbed in morning trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1156595517","media":"Tiger Newspress","summary":"Semiconductor stocks climbed in morning trading.Qualcomm,Nvidia,Intel,NXP Semiconductors NV,Broadcom","content":"<p>Semiconductor stocks climbed in morning trading.Qualcomm,Nvidia,Intel,NXP&nbsp;Semiconductors&nbsp;NV,Broadcom,Micron&nbsp;and&nbsp;AMD&nbsp;rose&nbsp;between 1% and 5%.</p>\n<p><img src=\"https://static.tigerbbs.com/a5432c07e2189854dcd840a054166ac3\" tg-width=\"409\" tg-height=\"418\" referrerpolicy=\"no-referrer\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Semiconductor stocks climbed in morning trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; 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(OTCPK:HTZZ) (\"Hertz\" or the ","content":"<div>\n<p>ESTERO, Fla., Nov. 3, 2021 /PRNewswire/ -- Hertz Global Holdings, Inc. (OTCPK:HTZZ) (\"Hertz\" or the \"Company\") announced today that it has launched a public offering of its common stock by certain ...</p>\n\n<a href=\"https://finance.yahoo.com/news/hertz-announces-launch-public-offering-124700736.html\">Web Link</a>\n\n</div>\n","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hertz Announces Launch of Public Offering of Common Stock by Selling Stockholders and Repurchase of Common Stock</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\">\nHertz Announces Launch of Public Offering of Common Stock by Selling Stockholders and Repurchase of Common Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-04 11:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/hertz-announces-launch-public-offering-124700736.html><strong>PR Newswire</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>ESTERO, Fla., Nov. 3, 2021 /PRNewswire/ -- Hertz Global Holdings, Inc. (OTCPK:HTZZ) (\"Hertz\" or the \"Company\") announced today that it has launched a public offering of its common stock by certain ...</p>\n\n<a href=\"https://finance.yahoo.com/news/hertz-announces-launch-public-offering-124700736.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HTZ":"赫兹租车","HTZZ":"Hertz Global Holdings, Inc."},"source_url":"https://finance.yahoo.com/news/hertz-announces-launch-public-offering-124700736.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2180525947","content_text":"ESTERO, Fla., Nov. 3, 2021 /PRNewswire/ -- Hertz Global Holdings, Inc. (OTCPK:HTZZ) (\"Hertz\" or the \"Company\") announced today that it has launched a public offering of its common stock by certain stockholders of Hertz.  The selling stockholders are offering 37,100,000 shares of Hertz common stock, of which Hertz intends to repurchase from the underwriters shares having an aggregate purchase price of between $250 million and $500 million (the \"Repurchase\"). In addition, a selling stockholder intends to grant the underwriters a 30-day option to purchase up to an additional 5,565,000 shares of Hertz common stock. The public offering price is expected to be between $25.00 and $29.00 per share.\nHertz will not receive any proceeds from the sale of shares by the selling stockholders. Hertz expects to fund the Repurchase with cash on hand. The Repurchase is subject to completion of the offering and the satisfaction of other customary conditions.\nHertz has applied to list on The Nasdaq Global Select Market under the ticker symbol \"HTZ.\" Hertz's common stock currently trades on the over-the-counter market under the symbol \"HTZZ.\"\nGoldman Sachs & Co. LLC, J.P. Morgan Securities LLC, and Morgan Stanley & Co. LLC are acting as lead bookrunning managers for the proposed offering. Barclays Capital Inc. and Deutsche Bank Securities Inc. are acting as additional bookrunners, and Guggenheim Securities, LLC is acting as co-manager for the proposed offering.\nThe proposed offering will be made only by means of a prospectus. Copies of the preliminary prospectus, when available, may be obtained from Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, New York 10282, telephone: 1-866-471-2526, facsimile: 212-902-9316 or email: prospectus-ny@ny.email.gs.com; J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, email at prospectus-eq_fi@jpmorgan.com, or telephone: 1-866-803-9204; or Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014.\nA registration statement relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.\nABOUT HERTZ\nThe Hertz Corporation, a subsidiary of Hertz Global Holdings, Inc., operates the Hertz, Dollar and Thrifty vehicle rental brands throughout North America, Europe, the Caribbean, Latin America, Africa, the Middle East, Asia, Australia and New Zealand. The Hertz Corporation is one of the largest worldwide vehicle rental companies, and the Hertz brand is one of the most recognized globally. Additionally, The Hertz Corporation operates the Firefly vehicle rental brand and Hertz 24/7 car sharing business in international markets and sells vehicles through Hertz Car Sales.\nCAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS\nThis press release contains \"forward-looking statements\" within the meaning of federal securities laws. Words such as \"expect\" and \"intend\" and similar expressions identify forward-looking statements. We caution you that these statements are not guarantees of future performance and are subject to numerous evolving risks and uncertainties that we may not be able to accurately predict or assess, including those in our risk factors that we identify in our most recent annual report on Form 10-K for the year ended December 31, 2020, as filed with the Securities and Exchange Commission on February 26, 2021, and any updates thereto in the Company's quarterly reports on Form 10-Q and current reports on Form 8-K. We caution you not to place undue reliance on our forward-looking statements, which speak only as of their date, and we undertake no obligation to update this information.","news_type":1},"isVote":1,"tweetType":1,"viewCount":769,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":824283599,"gmtCreate":1634315429053,"gmtModify":1634315429183,"author":{"id":"3584660223518204","authorId":"3584660223518204","name":"AndyCHLim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584660223518204","authorIdStr":"3584660223518204"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/824283599","repostId":"1132582737","repostType":4,"repost":{"id":"1132582737","kind":"news","pubTimestamp":1634311475,"share":"https://www.laohu8.com/m/news/1132582737?lang=&edition=full","pubTime":"2021-10-15 23:24","market":"us","language":"en","title":"JPMorgan On Amazon Stock: 29% Upside Potential","url":"https://stock-news.laohu8.com/highlight/detail?id=1132582737","media":"TheStreet","summary":"Amazon stock has fallen victim of its own success: shares of the e-commerce giant have lagged the S&","content":"<p>Amazon stock has fallen victim of its own success: shares of the e-commerce giant have lagged the S&amp;P 500 since its disappointing Q2 earnings day. But JPMorgan is optimistic and sees upside ahead.</p>\n<p>Since the release of Amazon’s most recent earnings report, investors have watched shares of the cloud and e-commerce giant tank by 11%. Amazon stock&nbsp;underperformed an already weak S&amp;P 500 by three percentage points over the period, leaving some to question: is AMZN still a good investment?</p>\n<p>According to experts at JPMorgan (JPM), the answer is yes. Today, the Amazon Maven presents the main reasons why five-star&nbsp;rated&nbsp;analyst Doug Anmuth believes that Amazon stock is about to surge, producing an estimated 29% in gains through 2022.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8c8e5f4ca5aa3dba7bef61858521bd17\" tg-width=\"1240\" tg-height=\"827\" width=\"100%\" height=\"auto\"><span>Figure 1: J.P. Morgan offices in Hong Kong.</span></p>\n<p><b>Getting back on track</b></p>\n<p>As the&nbsp;Amazon Maven mentioned&nbsp;recently, the impact of the pandemic on shopping habits led analysts to overestimate Amazon’s revenues for the current year. This is the very first reason why JPMorgan&nbsp;believes&nbsp;that AMZN will get a green light to climb again: “[the stock is heading] closer to the last quarter of difficult COVID-19 comps in the first quarter of 2022\", which should help to reset sentiment.</p>\n<p>Once 2020 results are left in the rearview mirror, the e-commerce company will face more realistic, non-pandemic-inflated projections. As mentioned by Mr. Anmuth himself, \"further downward revisions to 2022 profit estimates would help lower the bar and potentially create more of a clearing event”.</p>\n<p><b>Holiday upside</b></p>\n<p>Another reason why Mr. Anmuth believes Amazon stock will head higher is the beginning of the holiday season. Since the market has been so cautious towards AMZN lately, the stock has been trading at lower multiples than would otherwise be considered reasonable. The holidays, on the other hand, could be the bullish catalyst that investors need to own the stock again.</p>\n<p>Lastly, there is the potential for an increase in Prime subscription price in 2022. Considering an estimated 150 million US Prime members in 2021, a $20 dollar hike in annual fee would lead to an extra $3 billion heading towards Amazon’s coffers.</p>\n<p>At first glance, the figure may not seem like much, given Amazon’s revenues of $380 billion in 2020. However, keep in mind that nearly all the price increase would flow cleanly into Amazon’s operating income. On a 2020 basis, this would represent growth of nearly 15% in pre-tax profits.</p>\n<p><b>What do other experts say?</b></p>\n<p>Other reports published recently also support the bullish thesis. Mark Mahaney from Evercore ISI&nbsp;talked&nbsp;to 15 industry experts, including former Amazon employees, during the research firm’s Amazon Day Symposium. The analyst liked what he saw and issued a hefty $4,700 target price.</p>\n<p>Wolfe Research’s Deepak Mathivanan, on the other hand,lowered&nbsp;his price target on AMZN modestly to $3,850 from $3,900, despite maintaining an outperform rating. Sitting closer to the consensus price target is Goldman Sachs’ Eric Sheridan, who is bullish and&nbsp;believes&nbsp;that AMZN shares are worth $4,250.</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>JPMorgan On Amazon Stock: 29% Upside Potential</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\">\nJPMorgan On Amazon Stock: 29% Upside Potential\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-15 23:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/amazon/news/jpmorgan-on-amazon-stock-29-upside-potential><strong>TheStreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Amazon stock has fallen victim of its own success: shares of the e-commerce giant have lagged the S&P 500 since its disappointing Q2 earnings day. But JPMorgan is optimistic and sees upside ahead.\n...</p>\n\n<a href=\"https://www.thestreet.com/amazon/news/jpmorgan-on-amazon-stock-29-upside-potential\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://www.thestreet.com/amazon/news/jpmorgan-on-amazon-stock-29-upside-potential","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1132582737","content_text":"Amazon stock has fallen victim of its own success: shares of the e-commerce giant have lagged the S&P 500 since its disappointing Q2 earnings day. But JPMorgan is optimistic and sees upside ahead.\nSince the release of Amazon’s most recent earnings report, investors have watched shares of the cloud and e-commerce giant tank by 11%. Amazon stock underperformed an already weak S&P 500 by three percentage points over the period, leaving some to question: is AMZN still a good investment?\nAccording to experts at JPMorgan (JPM), the answer is yes. Today, the Amazon Maven presents the main reasons why five-star rated analyst Doug Anmuth believes that Amazon stock is about to surge, producing an estimated 29% in gains through 2022.\nFigure 1: J.P. Morgan offices in Hong Kong.\nGetting back on track\nAs the Amazon Maven mentioned recently, the impact of the pandemic on shopping habits led analysts to overestimate Amazon’s revenues for the current year. This is the very first reason why JPMorgan believes that AMZN will get a green light to climb again: “[the stock is heading] closer to the last quarter of difficult COVID-19 comps in the first quarter of 2022\", which should help to reset sentiment.\nOnce 2020 results are left in the rearview mirror, the e-commerce company will face more realistic, non-pandemic-inflated projections. As mentioned by Mr. Anmuth himself, \"further downward revisions to 2022 profit estimates would help lower the bar and potentially create more of a clearing event”.\nHoliday upside\nAnother reason why Mr. Anmuth believes Amazon stock will head higher is the beginning of the holiday season. Since the market has been so cautious towards AMZN lately, the stock has been trading at lower multiples than would otherwise be considered reasonable. The holidays, on the other hand, could be the bullish catalyst that investors need to own the stock again.\nLastly, there is the potential for an increase in Prime subscription price in 2022. Considering an estimated 150 million US Prime members in 2021, a $20 dollar hike in annual fee would lead to an extra $3 billion heading towards Amazon’s coffers.\nAt first glance, the figure may not seem like much, given Amazon’s revenues of $380 billion in 2020. However, keep in mind that nearly all the price increase would flow cleanly into Amazon’s operating income. On a 2020 basis, this would represent growth of nearly 15% in pre-tax profits.\nWhat do other experts say?\nOther reports published recently also support the bullish thesis. Mark Mahaney from Evercore ISI talked to 15 industry experts, including former Amazon employees, during the research firm’s Amazon Day Symposium. The analyst liked what he saw and issued a hefty $4,700 target price.\nWolfe Research’s Deepak Mathivanan, on the other hand,lowered his price target on AMZN modestly to $3,850 from $3,900, despite maintaining an outperform rating. Sitting closer to the consensus price target is Goldman Sachs’ Eric Sheridan, who is bullish and believes that AMZN shares are worth $4,250.","news_type":1},"isVote":1,"tweetType":1,"viewCount":979,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":821761282,"gmtCreate":1633792281270,"gmtModify":1633792281270,"author":{"id":"3584660223518204","authorId":"3584660223518204","name":"AndyCHLim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584660223518204","authorIdStr":"3584660223518204"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/821761282","repostId":"2174892254","repostType":4,"repost":{"id":"2174892254","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1633762920,"share":"https://www.laohu8.com/m/news/2174892254?lang=&edition=full","pubTime":"2021-10-09 15:02","market":"hk","language":"en","title":"China's Zijin Mining to acquire Neo Lithium in $737 mln deal","url":"https://stock-news.laohu8.com/highlight/detail?id=2174892254","media":"Reuters","summary":"Oct 8 (Reuters) - China's Zijin Mining Group Co Ltd will buy Canada's Neo Lithium Corp for C$918.7 m","content":"<p>Oct 8 (Reuters) - China's Zijin Mining Group Co Ltd&nbsp;will buy Canada's Neo Lithium Corp&nbsp;for C$918.7 million ($737.14 million)the companies said on Friday.</p>\n<p>Zijin has agreed to buy Argentina-focused lithium company, Neo Lithium at a price of C$6.50 per share in cash, the companies said in a joint statement.</p>\n<p>The offer represents a premium of over 18% to Neo Lithium's last close of C$5.49 on Friday.</p>\n<p>Neo Lithium said that the deal has been unanimously approved by the board.</p>\n<p>In August, Chinese gold and copper miner Zijin said its plan on lithium and other new energy minerals were in a preliminary strategic planning stage with no detailed time frame or specific projects yet.</p>\n<p>The deal comes after Chinese battery maker Contemporary Amperex Technology Co Ltd <a href=\"https://laohu8.com/S/CATL.UK\">$(CATL.UK)$</a> last month agreed to acquire Canada's Millennial Lithium Corp in all stock cash deal worth C$376.8 million ($302.33 million).</p>\n<p>Last year, CATL also purchased more than 10 million shares of Neo Lithium Corp and became the company's third largest shareholder.</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>China's Zijin Mining to acquire Neo Lithium in $737 mln deal</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\">\nChina's Zijin Mining to acquire Neo Lithium in $737 mln deal\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-10-09 15:02</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Oct 8 (Reuters) - China's Zijin Mining Group Co Ltd&nbsp;will buy Canada's Neo Lithium Corp&nbsp;for C$918.7 million ($737.14 million)the companies said on Friday.</p>\n<p>Zijin has agreed to buy Argentina-focused lithium company, Neo Lithium at a price of C$6.50 per share in cash, the companies said in a joint statement.</p>\n<p>The offer represents a premium of over 18% to Neo Lithium's last close of C$5.49 on Friday.</p>\n<p>Neo Lithium said that the deal has been unanimously approved by the board.</p>\n<p>In August, Chinese gold and copper miner Zijin said its plan on lithium and other new energy minerals were in a preliminary strategic planning stage with no detailed time frame or specific projects yet.</p>\n<p>The deal comes after Chinese battery maker Contemporary Amperex Technology Co Ltd <a href=\"https://laohu8.com/S/CATL.UK\">$(CATL.UK)$</a> last month agreed to acquire Canada's Millennial Lithium Corp in all stock cash deal worth C$376.8 million ($302.33 million).</p>\n<p>Last year, CATL also purchased more than 10 million shares of Neo Lithium Corp and became the company's third largest shareholder.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"02899":"紫金矿业","NTTHF":"Neo Lithium Corp."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2174892254","content_text":"Oct 8 (Reuters) - China's Zijin Mining Group Co Ltd will buy Canada's Neo Lithium Corp for C$918.7 million ($737.14 million)the companies said on Friday.\nZijin has agreed to buy Argentina-focused lithium company, Neo Lithium at a price of C$6.50 per share in cash, the companies said in a joint statement.\nThe offer represents a premium of over 18% to Neo Lithium's last close of C$5.49 on Friday.\nNeo Lithium said that the deal has been unanimously approved by the board.\nIn August, Chinese gold and copper miner Zijin said its plan on lithium and other new energy minerals were in a preliminary strategic planning stage with no detailed time frame or specific projects yet.\nThe deal comes after Chinese battery maker Contemporary Amperex Technology Co Ltd $(CATL.UK)$ last month agreed to acquire Canada's Millennial Lithium Corp in all stock cash deal worth C$376.8 million ($302.33 million).\nLast year, CATL also purchased more than 10 million shares of Neo Lithium Corp and became the company's third largest shareholder.","news_type":1},"isVote":1,"tweetType":1,"viewCount":762,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":865521147,"gmtCreate":1633004026450,"gmtModify":1633004026542,"author":{"id":"3584660223518204","authorId":"3584660223518204","name":"AndyCHLim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584660223518204","authorIdStr":"3584660223518204"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/865521147","repostId":"1130437913","repostType":4,"repost":{"id":"1130437913","kind":"news","pubTimestamp":1633001521,"share":"https://www.laohu8.com/m/news/1130437913?lang=&edition=full","pubTime":"2021-09-30 19:32","market":"us","language":"en","title":"Chamath Palihapitiya Exits Tesla Stock. Here’s Why.","url":"https://stock-news.laohu8.com/highlight/detail?id=1130437913","media":"Barrons","summary":"High-profile investor Chamath Palihapitiya said Wednesday that he sold his position in Tesla stock o","content":"<p>High-profile investor Chamath Palihapitiya said Wednesday that he sold his position in Tesla stock over the last year.</p>\n<p>The founder of venture firm Social Capital has been bullish on Tesla (ticker: TSLA) in the past, telling CNBC in January—when the shares were trading hands above $800—that the stock could double or triple in price.</p>\n<p></p>\n<p>But the former Facebook executive, and special-purpose acquisition company (SPAC) investor who helped launch&nbsp;Virgin Galactic‘s (SPCE) listing, said he cashed out of Tesla to fund other projects “in the last year or so.”</p>\n<p>Speaking at a CNBC conference Wednesday, Palihapitiya said he no longer had a sizable stock position in Tesla, having sold down his stake while the stock was on a tear.</p>\n<p>“The price has allowed me to,” Palihapitiya said. “I don’t have an infinite pool of capital.”</p>\n<p>“When I have these ideas, the money has to come from someplace,” the investor said, speaking of a new venture linked to distributed energy utilities.</p>\n<p>Tesla stock rose nearly 700% in 2020, from less than $90 a share, to more than $700. It traded near $900 in early 2021, and today hovers around $780, having risen 7% year-to-date, lagging the&nbsp;S&amp;P 500’s&nbsp;16% and the&nbsp;Dow Jones Industrial Average’s&nbsp;12%.</p>\n<p>Palihapitiya isn’t the only Tesla booster who has been selling shares of the company. ARK Invest’s Cathie Wood sold more than $200 million of Tesla stock recently. Unlike Palihapitiya, it remains the largest holding in her&nbsp;ARK Innovation ETF&nbsp;(ARKK).</p>\n<p></p>","source":"lsy1601382232898","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>Chamath Palihapitiya Exits Tesla Stock. Here’s Why.</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\">\nChamath Palihapitiya Exits Tesla Stock. Here’s Why.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-30 19:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/tesla-stock-sold-chamath-palihapitiya-51632997123?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>High-profile investor Chamath Palihapitiya said Wednesday that he sold his position in Tesla stock over the last year.\nThe founder of venture firm Social Capital has been bullish on Tesla (ticker: ...</p>\n\n<a href=\"https://www.barrons.com/articles/tesla-stock-sold-chamath-palihapitiya-51632997123?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.barrons.com/articles/tesla-stock-sold-chamath-palihapitiya-51632997123?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1130437913","content_text":"High-profile investor Chamath Palihapitiya said Wednesday that he sold his position in Tesla stock over the last year.\nThe founder of venture firm Social Capital has been bullish on Tesla (ticker: TSLA) in the past, telling CNBC in January—when the shares were trading hands above $800—that the stock could double or triple in price.\n\nBut the former Facebook executive, and special-purpose acquisition company (SPAC) investor who helped launch Virgin Galactic‘s (SPCE) listing, said he cashed out of Tesla to fund other projects “in the last year or so.”\nSpeaking at a CNBC conference Wednesday, Palihapitiya said he no longer had a sizable stock position in Tesla, having sold down his stake while the stock was on a tear.\n“The price has allowed me to,” Palihapitiya said. “I don’t have an infinite pool of capital.”\n“When I have these ideas, the money has to come from someplace,” the investor said, speaking of a new venture linked to distributed energy utilities.\nTesla stock rose nearly 700% in 2020, from less than $90 a share, to more than $700. It traded near $900 in early 2021, and today hovers around $780, having risen 7% year-to-date, lagging the S&P 500’s 16% and the Dow Jones Industrial Average’s 12%.\nPalihapitiya isn’t the only Tesla booster who has been selling shares of the company. ARK Invest’s Cathie Wood sold more than $200 million of Tesla stock recently. Unlike Palihapitiya, it remains the largest holding in her ARK Innovation ETF (ARKK).","news_type":1},"isVote":1,"tweetType":1,"viewCount":975,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":866380075,"gmtCreate":1632734279897,"gmtModify":1632798222912,"author":{"id":"3584660223518204","authorId":"3584660223518204","name":"AndyCHLim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584660223518204","authorIdStr":"3584660223518204"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/866380075","repostId":"2170364167","repostType":4,"isVote":1,"tweetType":1,"viewCount":712,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":816237925,"gmtCreate":1630503340567,"gmtModify":1632476074582,"author":{"id":"3584660223518204","authorId":"3584660223518204","name":"AndyCHLim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584660223518204","authorIdStr":"3584660223518204"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/816237925","repostId":"1127232048","repostType":4,"isVote":1,"tweetType":1,"viewCount":235,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":899663298,"gmtCreate":1628178743614,"gmtModify":1633752858584,"author":{"id":"3584660223518204","authorId":"3584660223518204","name":"AndyCHLim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584660223518204","authorIdStr":"3584660223518204"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/899663298","repostId":"1177628375","repostType":4,"isVote":1,"tweetType":1,"viewCount":366,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":807795896,"gmtCreate":1628055720515,"gmtModify":1633753975507,"author":{"id":"3584660223518204","authorId":"3584660223518204","name":"AndyCHLim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584660223518204","authorIdStr":"3584660223518204"},"themes":[],"htmlText":"学习","listText":"学习","text":"学习","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/807795896","repostId":"2156732161","repostType":4,"repost":{"id":"2156732161","kind":"highlight","weMediaInfo":{"introduction":"民间投资共享平台——汇集投资高手，发现投资好点子。","home_visible":1,"media_name":"阿尔法工场研究院","id":"1026500124","head_image":"https://static.tigerbbs.com/4df70e92a2d64be896797ea06b5e676a"},"pubTimestamp":1628044667,"share":"https://www.laohu8.com/m/news/2156732161?lang=&edition=full","pubTime":"2021-08-04 10:37","market":"us","language":"zh","title":"巴芒组合里消失的第三人","url":"https://stock-news.laohu8.com/highlight/detail?id=2156732161","media":"阿尔法工场研究院","summary":"你有听说过Rick Guerin这位投资者吗？\n没有？\n没有就对了。\n众所周知，巴菲特和芒格是黄金二人组，他们联手创下多个传奇投资项目，打造了超级复利机器伯克希尔哈撒韦。\n但很少人知道的是，在1970","content":"<p>你有听说过Rick Guerin这位投资者吗？</p>\n<p>没有？</p>\n<p>没有就对了。</p>\n<p>众所周知，巴菲特和芒格是黄金二人组，他们联手创下多个传奇投资项目，打造了超级复利机器<a href=\"https://laohu8.com/S/BRK.A\">伯克希尔</a>哈撒韦。</p>\n<p>但很少人知道的是，在1970年代他们其实是三人组合，有一个不可或缺的第三人，在随后的岁月里“消失”了。</p>\n<p>这人消失得何其彻底，以至于没有人流传他的投资哲学、投资方法和投资记录，甚至知道他名字的读者也非常少了（不论中英文读者）。</p>\n<p>这个人就是Rick Guerin——就先译为里克·盖林吧。</p>\n<p><b>01</b></p>\n<p>里克·盖林是怎么样一个人？</p>\n<p>首先，盖林是一个超级聪明的人。</p>\n<p>里克盖林1929年出生于洛杉矶，曾在军队担任密码破译员、战斗机飞行员，退伍后进入大学，又加入<a href=\"https://laohu8.com/S/IBM\">IBM</a>工作。</p>\n<p>芒格曾公开评价称，里克·盖林是一个非常幽默、聪明的人，他曾参加海军的一场智力测试，结果他提前离场还拿到了前所未有的高分。</p>\n<p>盖林是芒格的多年好友。如果你仔细翻阅芒格的传记、《穷查理宝典》，就会发现里克·盖林这个名字时不时就会出现。</p>\n<p>一个流传的说法是，在巴菲特说服芒格放弃律师工作、成立了合伙基金后不久，芒格又说服了盖林放弃IBM的工作，开始全职管理资金。</p>\n<p>其次，盖林是一个超级投资者，还是得到巴菲特认证的那种。</p>\n<p><img src=\"https://static.tigerbbs.com/52f329e84a87441d848944c18aace666\" tg-width=\"1080\" tg-height=\"845\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>1984年，在一场纪念《证券分析》出版50周年的座谈会上，巴菲特发表了著名演讲《格雷厄姆-多德镇的超级投资者》，隆重介绍了一批超级投资者，其中就包括Rick Guerin。</p>\n<p>巴菲特的演讲原文是：</p>\n<p>“表6是查理·芒格的一个朋友的记录，他是南加州大学(USC)的数学专业学生，也是一个非商学院出身的人。毕业后，他进入IBM工作，做过一段时间的销售。在我找到查理之后，查理找到了他。他的名字是里克·盖林。</p>\n<p>从1965年到1983年，与标准普尔指数316%的复合收益相比，里克盖林的收益是22,200%，这可能是因为他缺乏商学院的教育，他可以视为具有统计上的显着性。”</p>\n<p><img src=\"https://static.tigerbbs.com/a530fa110d1b4e7cade302af9f350327\" tg-width=\"888\" tg-height=\"1218\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>19年收益222倍，费前年化收益32.9%，费后年化收益23.6%。这个业绩记录足够长期、足够强悍，本足以让Rick Guerin在投资史上留下名字。</p>\n<p>最后，盖林的投资案例至今是投资史上的典范：蓝筹印花公司、喜诗糖果、《每日日报》Daily Journal。</p>\n<p>盖林第一个发现了蓝筹印花公司的投资机会。他先是找了芒格商议，芒格想了想说，“我带你去见我的朋友，他对浮存金很了解。”——那个朋友就是巴菲特。</p>\n<p>在一通操作猛如虎后，三人组顺利地控制了蓝筹印花公司，巴菲特第一大股东，芒格是第二大股东，盖林位居第三，他们三人依次获得了蓝筹印花公司的董事席位——先是芒格，其次是盖林，最后巴菲特。</p>\n<p>从此，三人开启了浮存金投资的时期，投资项目包括喜诗糖果、威斯科金融、水牛城晚报。其中，最被人津津乐道的公司就是喜诗糖果，巴菲特、芒格和盖林三人一同参与收购谈判，一同面试了新任的喜诗糖果CEO。</p>\n<p>喜诗糖果当时的CEO哈金斯回忆称，“虽然蓝筹公司是我们名义上的老板，但真正的老板显然是沃伦、查理和里克。”</p>\n<p><b>02</b></p>\n<p>盖林为什么忽然“消失”了？</p>\n<p>故事讲完。问题来了。</p>\n<p>Rick Guerin，这么一位超级聪明、有超级业绩记录、有经典投资案例的投资者，为什么忽然在投资史上沉寂下去了？</p>\n<p>进入1980年代后，里克盖林就再也没有跟巴菲特、芒格的新合作案例，各种关于顶尖投资者的采访和文章都罕见他的名字。当年的三人组只剩下二人，发生了什么？</p>\n<p>这本来是一个无解的问题，因为消失的人很难被人注意到。</p>\n<p>但有个家伙留意到了盖林的消失，他就是印度裔的价值投资者帕伯莱。</p>\n<p><img src=\"https://static.tigerbbs.com/91b5c56db83a4cf6b00da5c8c7af81bc\" tg-width=\"650\" tg-height=\"385\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>2008年，帕伯莱和盖伊联手拍下巴菲特的午餐，在见到巴菲特后他，他抛出了这个问题——“Rick Guerin怎么了？”</p>\n<p>巴菲特没有回避这个问题，他告诉帕布莱和盖伊，盖林用保证金贷款（margin loans）来撬动他的投资，因为他 \"急于致富\"（“in a hurry to get rich”）。</p>\n<p>据巴菲特说，在1973-74年的崩盘中遭受灾难性的损失后，盖林遭到了保证金追缴。结果，他被迫出售后来价值巨大的股票（给巴菲特）。</p>\n<p>这一批被被迫卖给巴菲特的股票，就是伯克希尔哈撒韦，出售价格为每股40美元——考虑到BRK现在的股价，这确实是一个巨大的损失。</p>\n<p>相比之下，巴菲特说，他和芒格从不着急，因为他们总是知道，如果他们在几十年内不断复利，不犯太多灾难性的错误，他们就会变得非常富有。</p>\n<p>巴菲特说：\"如果你是一个稍微高于平均水平的投资者，花钱比挣钱少，在一生中，你不可能不变得非常富有。\"</p>\n<p>帕伯莱说，这个关于杠杆和不耐烦（impatience）的危险道德故事已经 \"烙印 \"在他的大脑中。仅凭这点，巴菲特的午餐就是值得的。</p>\n<p><b>03</b></p>\n<p>后记。</p>\n<p>我最近知道这个故事时，充满了好奇与震惊。这样一个优秀、聪明的投资者，本来有机会与巴菲特、芒格齐名，再不济也会是历史留名的一流投资者，居然在在历史上默默地沉寂了下去。</p>\n<p>这个故事非常生动地讲述了耐心的重要、杠杆的危害，以及完美地反驳了一个广为流传的认知误区：杠杆很危险，但高手除外。</p>\n<p>不，高手也没法例外。</p>\n<p>当然，细心的读者或许留意到，盖林的投资业绩在1970年代后期是有恢复的，整体业绩算下来还是很厉害，但那又如何呢？他被迫出售的BRK股票，已经落到巴菲特手里了，他也永远失去了成为BRK第三人的机会。</p>\n<p>此外，我在查阅相关资料的时候，偶然看到这篇文章——《NOBODY TALKS ABOUT RICK ANYMORE?》，作者是Justin Vossen，他提供了另一个思考角度。</p>\n<p>粗略地翻译下，以分享他的看法。</p>\n<p>Justin Vossen认为，“正如巴菲特在与帕伯莱谈话中所指出的那样，正是杠杆作用迫使这笔交易出售，并加剧了他的投资合伙公司的亏损。这违反了投资的一条关键原则:&nbsp;在你想卖股票时卖出，而不是你不得不卖时卖出。”（sell equities when you want to and not when you have to.）</p>\n<p>其次，盖林的基金在两年里累计下跌62%，期间标普500跌幅为37%，这样的跌幅无疑是灾难性的。虽然后来明显恢复了净值，但“许多投资者和合伙人可能也像巴菲特和芒格那样失去了信心。”</p>\n<p>Justin Vossen认为，但除了金钱上的损失，盖林更大的损失可能是失去了巴菲特和芒格的信任，“盖林在上世纪80年代淡出了人们的视线，再也没有与巴菲特或芒格合作过。”</p>\n<p>&nbsp;“盖林的长期记录结果相当惊人，但他一直默默无闻。他本可以成为传奇人物，但他的“不耐烦”让他失去登上投资界总统山的机会。”</p>\n<p>“我们生活在一个不断提倡即时满足的社会，但有时要成为一个伟大的投资者，你需要耐心和时间。正如巴菲特所指出的——“即使是一个略高于平均水平的投资者，如果花的钱比赚的钱少，在一生中只要你有耐心，你就很难不发财\"。</p>\n<p>\" He said that if you’re even a slightly above-average investor who spends less than they earn, over a lifetime, you cannot help but get rich if you are patient. ”</p>\n<p>最后，建议各位读者在考虑动用杠杆武器时，不妨回忆一下这个故事，想一想，是否真的有必要“in a hurry to get rich.”？</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\" 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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\">\n巴芒组合里消失的第三人\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1026500124\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/4df70e92a2d64be896797ea06b5e676a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">阿尔法工场研究院 </p>\n<p class=\"h-time\">2021-08-04 10:37</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>你有听说过Rick Guerin这位投资者吗？</p>\n<p>没有？</p>\n<p>没有就对了。</p>\n<p>众所周知，巴菲特和芒格是黄金二人组，他们联手创下多个传奇投资项目，打造了超级复利机器<a href=\"https://laohu8.com/S/BRK.A\">伯克希尔</a>哈撒韦。</p>\n<p>但很少人知道的是，在1970年代他们其实是三人组合，有一个不可或缺的第三人，在随后的岁月里“消失”了。</p>\n<p>这人消失得何其彻底，以至于没有人流传他的投资哲学、投资方法和投资记录，甚至知道他名字的读者也非常少了（不论中英文读者）。</p>\n<p>这个人就是Rick Guerin——就先译为里克·盖林吧。</p>\n<p><b>01</b></p>\n<p>里克·盖林是怎么样一个人？</p>\n<p>首先，盖林是一个超级聪明的人。</p>\n<p>里克盖林1929年出生于洛杉矶，曾在军队担任密码破译员、战斗机飞行员，退伍后进入大学，又加入<a href=\"https://laohu8.com/S/IBM\">IBM</a>工作。</p>\n<p>芒格曾公开评价称，里克·盖林是一个非常幽默、聪明的人，他曾参加海军的一场智力测试，结果他提前离场还拿到了前所未有的高分。</p>\n<p>盖林是芒格的多年好友。如果你仔细翻阅芒格的传记、《穷查理宝典》，就会发现里克·盖林这个名字时不时就会出现。</p>\n<p>一个流传的说法是，在巴菲特说服芒格放弃律师工作、成立了合伙基金后不久，芒格又说服了盖林放弃IBM的工作，开始全职管理资金。</p>\n<p>其次，盖林是一个超级投资者，还是得到巴菲特认证的那种。</p>\n<p><img src=\"https://static.tigerbbs.com/52f329e84a87441d848944c18aace666\" tg-width=\"1080\" tg-height=\"845\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>1984年，在一场纪念《证券分析》出版50周年的座谈会上，巴菲特发表了著名演讲《格雷厄姆-多德镇的超级投资者》，隆重介绍了一批超级投资者，其中就包括Rick Guerin。</p>\n<p>巴菲特的演讲原文是：</p>\n<p>“表6是查理·芒格的一个朋友的记录，他是南加州大学(USC)的数学专业学生，也是一个非商学院出身的人。毕业后，他进入IBM工作，做过一段时间的销售。在我找到查理之后，查理找到了他。他的名字是里克·盖林。</p>\n<p>从1965年到1983年，与标准普尔指数316%的复合收益相比，里克盖林的收益是22,200%，这可能是因为他缺乏商学院的教育，他可以视为具有统计上的显着性。”</p>\n<p><img src=\"https://static.tigerbbs.com/a530fa110d1b4e7cade302af9f350327\" tg-width=\"888\" tg-height=\"1218\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>19年收益222倍，费前年化收益32.9%，费后年化收益23.6%。这个业绩记录足够长期、足够强悍，本足以让Rick Guerin在投资史上留下名字。</p>\n<p>最后，盖林的投资案例至今是投资史上的典范：蓝筹印花公司、喜诗糖果、《每日日报》Daily Journal。</p>\n<p>盖林第一个发现了蓝筹印花公司的投资机会。他先是找了芒格商议，芒格想了想说，“我带你去见我的朋友，他对浮存金很了解。”——那个朋友就是巴菲特。</p>\n<p>在一通操作猛如虎后，三人组顺利地控制了蓝筹印花公司，巴菲特第一大股东，芒格是第二大股东，盖林位居第三，他们三人依次获得了蓝筹印花公司的董事席位——先是芒格，其次是盖林，最后巴菲特。</p>\n<p>从此，三人开启了浮存金投资的时期，投资项目包括喜诗糖果、威斯科金融、水牛城晚报。其中，最被人津津乐道的公司就是喜诗糖果，巴菲特、芒格和盖林三人一同参与收购谈判，一同面试了新任的喜诗糖果CEO。</p>\n<p>喜诗糖果当时的CEO哈金斯回忆称，“虽然蓝筹公司是我们名义上的老板，但真正的老板显然是沃伦、查理和里克。”</p>\n<p><b>02</b></p>\n<p>盖林为什么忽然“消失”了？</p>\n<p>故事讲完。问题来了。</p>\n<p>Rick Guerin，这么一位超级聪明、有超级业绩记录、有经典投资案例的投资者，为什么忽然在投资史上沉寂下去了？</p>\n<p>进入1980年代后，里克盖林就再也没有跟巴菲特、芒格的新合作案例，各种关于顶尖投资者的采访和文章都罕见他的名字。当年的三人组只剩下二人，发生了什么？</p>\n<p>这本来是一个无解的问题，因为消失的人很难被人注意到。</p>\n<p>但有个家伙留意到了盖林的消失，他就是印度裔的价值投资者帕伯莱。</p>\n<p><img src=\"https://static.tigerbbs.com/91b5c56db83a4cf6b00da5c8c7af81bc\" tg-width=\"650\" tg-height=\"385\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>2008年，帕伯莱和盖伊联手拍下巴菲特的午餐，在见到巴菲特后他，他抛出了这个问题——“Rick Guerin怎么了？”</p>\n<p>巴菲特没有回避这个问题，他告诉帕布莱和盖伊，盖林用保证金贷款（margin loans）来撬动他的投资，因为他 \"急于致富\"（“in a hurry to get rich”）。</p>\n<p>据巴菲特说，在1973-74年的崩盘中遭受灾难性的损失后，盖林遭到了保证金追缴。结果，他被迫出售后来价值巨大的股票（给巴菲特）。</p>\n<p>这一批被被迫卖给巴菲特的股票，就是伯克希尔哈撒韦，出售价格为每股40美元——考虑到BRK现在的股价，这确实是一个巨大的损失。</p>\n<p>相比之下，巴菲特说，他和芒格从不着急，因为他们总是知道，如果他们在几十年内不断复利，不犯太多灾难性的错误，他们就会变得非常富有。</p>\n<p>巴菲特说：\"如果你是一个稍微高于平均水平的投资者，花钱比挣钱少，在一生中，你不可能不变得非常富有。\"</p>\n<p>帕伯莱说，这个关于杠杆和不耐烦（impatience）的危险道德故事已经 \"烙印 \"在他的大脑中。仅凭这点，巴菲特的午餐就是值得的。</p>\n<p><b>03</b></p>\n<p>后记。</p>\n<p>我最近知道这个故事时，充满了好奇与震惊。这样一个优秀、聪明的投资者，本来有机会与巴菲特、芒格齐名，再不济也会是历史留名的一流投资者，居然在在历史上默默地沉寂了下去。</p>\n<p>这个故事非常生动地讲述了耐心的重要、杠杆的危害，以及完美地反驳了一个广为流传的认知误区：杠杆很危险，但高手除外。</p>\n<p>不，高手也没法例外。</p>\n<p>当然，细心的读者或许留意到，盖林的投资业绩在1970年代后期是有恢复的，整体业绩算下来还是很厉害，但那又如何呢？他被迫出售的BRK股票，已经落到巴菲特手里了，他也永远失去了成为BRK第三人的机会。</p>\n<p>此外，我在查阅相关资料的时候，偶然看到这篇文章——《NOBODY TALKS ABOUT RICK ANYMORE?》，作者是Justin Vossen，他提供了另一个思考角度。</p>\n<p>粗略地翻译下，以分享他的看法。</p>\n<p>Justin Vossen认为，“正如巴菲特在与帕伯莱谈话中所指出的那样，正是杠杆作用迫使这笔交易出售，并加剧了他的投资合伙公司的亏损。这违反了投资的一条关键原则:&nbsp;在你想卖股票时卖出，而不是你不得不卖时卖出。”（sell equities when you want to and not when you have to.）</p>\n<p>其次，盖林的基金在两年里累计下跌62%，期间标普500跌幅为37%，这样的跌幅无疑是灾难性的。虽然后来明显恢复了净值，但“许多投资者和合伙人可能也像巴菲特和芒格那样失去了信心。”</p>\n<p>Justin Vossen认为，但除了金钱上的损失，盖林更大的损失可能是失去了巴菲特和芒格的信任，“盖林在上世纪80年代淡出了人们的视线，再也没有与巴菲特或芒格合作过。”</p>\n<p>&nbsp;“盖林的长期记录结果相当惊人，但他一直默默无闻。他本可以成为传奇人物，但他的“不耐烦”让他失去登上投资界总统山的机会。”</p>\n<p>“我们生活在一个不断提倡即时满足的社会，但有时要成为一个伟大的投资者，你需要耐心和时间。正如巴菲特所指出的——“即使是一个略高于平均水平的投资者，如果花的钱比赚的钱少，在一生中只要你有耐心，你就很难不发财\"。</p>\n<p>\" He said that if you’re even a slightly above-average investor who spends less than they earn, over a lifetime, you cannot help but get rich if you are patient. ”</p>\n<p>最后，建议各位读者在考虑动用杠杆武器时，不妨回忆一下这个故事，想一想，是否真的有必要“in a hurry to get rich.”？</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/91b5c56db83a4cf6b00da5c8c7af81bc","relate_stocks":{"BRK.B":"伯克希尔B","BRK.A":"伯克希尔"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2156732161","content_text":"你有听说过Rick Guerin这位投资者吗？\n没有？\n没有就对了。\n众所周知，巴菲特和芒格是黄金二人组，他们联手创下多个传奇投资项目，打造了超级复利机器伯克希尔哈撒韦。\n但很少人知道的是，在1970年代他们其实是三人组合，有一个不可或缺的第三人，在随后的岁月里“消失”了。\n这人消失得何其彻底，以至于没有人流传他的投资哲学、投资方法和投资记录，甚至知道他名字的读者也非常少了（不论中英文读者）。\n这个人就是Rick Guerin——就先译为里克·盖林吧。\n01\n里克·盖林是怎么样一个人？\n首先，盖林是一个超级聪明的人。\n里克盖林1929年出生于洛杉矶，曾在军队担任密码破译员、战斗机飞行员，退伍后进入大学，又加入IBM工作。\n芒格曾公开评价称，里克·盖林是一个非常幽默、聪明的人，他曾参加海军的一场智力测试，结果他提前离场还拿到了前所未有的高分。\n盖林是芒格的多年好友。如果你仔细翻阅芒格的传记、《穷查理宝典》，就会发现里克·盖林这个名字时不时就会出现。\n一个流传的说法是，在巴菲特说服芒格放弃律师工作、成立了合伙基金后不久，芒格又说服了盖林放弃IBM的工作，开始全职管理资金。\n其次，盖林是一个超级投资者，还是得到巴菲特认证的那种。\n\n1984年，在一场纪念《证券分析》出版50周年的座谈会上，巴菲特发表了著名演讲《格雷厄姆-多德镇的超级投资者》，隆重介绍了一批超级投资者，其中就包括Rick Guerin。\n巴菲特的演讲原文是：\n“表6是查理·芒格的一个朋友的记录，他是南加州大学(USC)的数学专业学生，也是一个非商学院出身的人。毕业后，他进入IBM工作，做过一段时间的销售。在我找到查理之后，查理找到了他。他的名字是里克·盖林。\n从1965年到1983年，与标准普尔指数316%的复合收益相比，里克盖林的收益是22,200%，这可能是因为他缺乏商学院的教育，他可以视为具有统计上的显着性。”\n\n19年收益222倍，费前年化收益32.9%，费后年化收益23.6%。这个业绩记录足够长期、足够强悍，本足以让Rick Guerin在投资史上留下名字。\n最后，盖林的投资案例至今是投资史上的典范：蓝筹印花公司、喜诗糖果、《每日日报》Daily Journal。\n盖林第一个发现了蓝筹印花公司的投资机会。他先是找了芒格商议，芒格想了想说，“我带你去见我的朋友，他对浮存金很了解。”——那个朋友就是巴菲特。\n在一通操作猛如虎后，三人组顺利地控制了蓝筹印花公司，巴菲特第一大股东，芒格是第二大股东，盖林位居第三，他们三人依次获得了蓝筹印花公司的董事席位——先是芒格，其次是盖林，最后巴菲特。\n从此，三人开启了浮存金投资的时期，投资项目包括喜诗糖果、威斯科金融、水牛城晚报。其中，最被人津津乐道的公司就是喜诗糖果，巴菲特、芒格和盖林三人一同参与收购谈判，一同面试了新任的喜诗糖果CEO。\n喜诗糖果当时的CEO哈金斯回忆称，“虽然蓝筹公司是我们名义上的老板，但真正的老板显然是沃伦、查理和里克。”\n02\n盖林为什么忽然“消失”了？\n故事讲完。问题来了。\nRick Guerin，这么一位超级聪明、有超级业绩记录、有经典投资案例的投资者，为什么忽然在投资史上沉寂下去了？\n进入1980年代后，里克盖林就再也没有跟巴菲特、芒格的新合作案例，各种关于顶尖投资者的采访和文章都罕见他的名字。当年的三人组只剩下二人，发生了什么？\n这本来是一个无解的问题，因为消失的人很难被人注意到。\n但有个家伙留意到了盖林的消失，他就是印度裔的价值投资者帕伯莱。\n\n2008年，帕伯莱和盖伊联手拍下巴菲特的午餐，在见到巴菲特后他，他抛出了这个问题——“Rick Guerin怎么了？”\n巴菲特没有回避这个问题，他告诉帕布莱和盖伊，盖林用保证金贷款（margin loans）来撬动他的投资，因为他 \"急于致富\"（“in a hurry to get rich”）。\n据巴菲特说，在1973-74年的崩盘中遭受灾难性的损失后，盖林遭到了保证金追缴。结果，他被迫出售后来价值巨大的股票（给巴菲特）。\n这一批被被迫卖给巴菲特的股票，就是伯克希尔哈撒韦，出售价格为每股40美元——考虑到BRK现在的股价，这确实是一个巨大的损失。\n相比之下，巴菲特说，他和芒格从不着急，因为他们总是知道，如果他们在几十年内不断复利，不犯太多灾难性的错误，他们就会变得非常富有。\n巴菲特说：\"如果你是一个稍微高于平均水平的投资者，花钱比挣钱少，在一生中，你不可能不变得非常富有。\"\n帕伯莱说，这个关于杠杆和不耐烦（impatience）的危险道德故事已经 \"烙印 \"在他的大脑中。仅凭这点，巴菲特的午餐就是值得的。\n03\n后记。\n我最近知道这个故事时，充满了好奇与震惊。这样一个优秀、聪明的投资者，本来有机会与巴菲特、芒格齐名，再不济也会是历史留名的一流投资者，居然在在历史上默默地沉寂了下去。\n这个故事非常生动地讲述了耐心的重要、杠杆的危害，以及完美地反驳了一个广为流传的认知误区：杠杆很危险，但高手除外。\n不，高手也没法例外。\n当然，细心的读者或许留意到，盖林的投资业绩在1970年代后期是有恢复的，整体业绩算下来还是很厉害，但那又如何呢？他被迫出售的BRK股票，已经落到巴菲特手里了，他也永远失去了成为BRK第三人的机会。\n此外，我在查阅相关资料的时候，偶然看到这篇文章——《NOBODY TALKS ABOUT RICK ANYMORE?》，作者是Justin Vossen，他提供了另一个思考角度。\n粗略地翻译下，以分享他的看法。\nJustin Vossen认为，“正如巴菲特在与帕伯莱谈话中所指出的那样，正是杠杆作用迫使这笔交易出售，并加剧了他的投资合伙公司的亏损。这违反了投资的一条关键原则: 在你想卖股票时卖出，而不是你不得不卖时卖出。”（sell equities when you want to and not when you have to.）\n其次，盖林的基金在两年里累计下跌62%，期间标普500跌幅为37%，这样的跌幅无疑是灾难性的。虽然后来明显恢复了净值，但“许多投资者和合伙人可能也像巴菲特和芒格那样失去了信心。”\nJustin Vossen认为，但除了金钱上的损失，盖林更大的损失可能是失去了巴菲特和芒格的信任，“盖林在上世纪80年代淡出了人们的视线，再也没有与巴菲特或芒格合作过。”\n “盖林的长期记录结果相当惊人，但他一直默默无闻。他本可以成为传奇人物，但他的“不耐烦”让他失去登上投资界总统山的机会。”\n“我们生活在一个不断提倡即时满足的社会，但有时要成为一个伟大的投资者，你需要耐心和时间。正如巴菲特所指出的——“即使是一个略高于平均水平的投资者，如果花的钱比赚的钱少，在一生中只要你有耐心，你就很难不发财\"。\n\" He said that if you’re even a slightly above-average investor who spends less than they earn, over a lifetime, you cannot help but get rich if you are patient. ”\n最后，建议各位读者在考虑动用杠杆武器时，不妨回忆一下这个故事，想一想，是否真的有必要“in a hurry to get rich.”？","news_type":1},"isVote":1,"tweetType":1,"viewCount":354,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":805536317,"gmtCreate":1627890522539,"gmtModify":1633755561002,"author":{"id":"3584660223518204","authorId":"3584660223518204","name":"AndyCHLim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584660223518204","authorIdStr":"3584660223518204"},"themes":[],"htmlText":"学习","listText":"学习","text":"学习","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/805536317","repostId":"1119817854","repostType":4,"repost":{"id":"1119817854","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1627890380,"share":"https://www.laohu8.com/m/news/1119817854?lang=&edition=full","pubTime":"2021-08-02 15:46","market":"us","language":"zh","title":"陌陌：公司的法定名称改为“Hello Group Inc.”","url":"https://stock-news.laohu8.com/highlight/detail?id=1119817854","media":"老虎资讯综合","summary":"陌陌科技宣布，公司的法定名称从“Momo Inc.”更改为“Hello Group Inc.”，2021年8月2日生效，公司的美国存托股票将于2021年8月2日开始以新公司的名义进行交易。","content":"<p><a href=\"https://laohu8.com/S/MOMO\">陌陌</a>科技宣布，公司的法定名称从“Momo Inc.”更改为“Hello Group Inc.”，2021年8月2日生效，公司的美国存托股票将于2021年8月2日开始以新公司的名义进行交易。</p>\n<p><img src=\"https://static.tigerbbs.com/da017d32a7d5617a4829f1a416682b79\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>陌陌：公司的法定名称改为“Hello Group Inc.”</title>\n<style 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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\">\n陌陌：公司的法定名称改为“Hello Group Inc.”\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time\">2021-08-02 15:46</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><a href=\"https://laohu8.com/S/MOMO\">陌陌</a>科技宣布，公司的法定名称从“Momo Inc.”更改为“Hello Group Inc.”，2021年8月2日生效，公司的美国存托股票将于2021年8月2日开始以新公司的名义进行交易。</p>\n<p><img src=\"https://static.tigerbbs.com/da017d32a7d5617a4829f1a416682b79\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/302a99c20d99ecec9b3286c4d0732e0e","relate_stocks":{"MOMO":"挚文集团"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1119817854","content_text":"陌陌科技宣布，公司的法定名称从“Momo Inc.”更改为“Hello Group Inc.”，2021年8月2日生效，公司的美国存托股票将于2021年8月2日开始以新公司的名义进行交易。","news_type":1},"isVote":1,"tweetType":1,"viewCount":495,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":805048930,"gmtCreate":1627828359620,"gmtModify":1633756090733,"author":{"id":"3584660223518204","authorId":"3584660223518204","name":"AndyCHLim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584660223518204","authorIdStr":"3584660223518204"},"themes":[],"htmlText":"这个大家怎么看","listText":"这个大家怎么看","text":"这个大家怎么看","images":[{"img":"https://static.tigerbbs.com/aefbf17f27f66990d584701df8bfa7ca","width":"1080","height":"3574"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/805048930","isVote":1,"tweetType":1,"viewCount":307,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":175617855,"gmtCreate":1627028477477,"gmtModify":1633768645798,"author":{"id":"3584660223518204","authorId":"3584660223518204","name":"AndyCHLim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584660223518204","authorIdStr":"3584660223518204"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":4,"repostSize":1,"link":"https://laohu8.com/post/175617855","repostId":"1112567098","repostType":4,"isVote":1,"tweetType":1,"viewCount":272,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":176924522,"gmtCreate":1626856092266,"gmtModify":1633770373406,"author":{"id":"3584660223518204","authorId":"3584660223518204","name":"AndyCHLim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584660223518204","authorIdStr":"3584660223518204"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/176924522","repostId":"1156292040","repostType":4,"repost":{"id":"1156292040","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1626880084,"share":"https://www.laohu8.com/m/news/1156292040?lang=&edition=full","pubTime":"2021-07-21 23:08","market":"us","language":"en","title":"Airline stocks, Cruise Stocks rally continues in morning trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1156292040","media":"Tiger Newspress","summary":"(July 21) Airline stocks, Cruise Stocks rally continues in morning trading.\nShares of Carnival  rose","content":"<p>(July&nbsp;21)&nbsp;Airline stocks, Cruise Stocks rally continues in morning trading.<img src=\"https://static.tigerbbs.com/552c4c7cf72c26141391a54bd44731bc\" tg-width=\"307\" tg-height=\"364\" width=\"100%\" height=\"auto\"></p>\n<p>Shares of&nbsp;<a href=\"https://laohu8.com/S/CCL\">Carnival</a> &nbsp;rose&nbsp;over&nbsp;3%&nbsp;in&nbsp;premarket trading,&nbsp;after&nbsp;the company said it plans to resume guest cruise operations across eight of its cruise line brands by the end of 2021. This would bring Carnival's total operating capacity to nearly 75% by the end of 2021.</p>\n<p>A total of 54 ships across AIDA Cruises, Carnival Cruise Line, Costa Cruises, Cunard, Holland America Line, Princess Cruises, P&amp;O Cruises, and Seabourn plan to resume operations by the end of 2021.&nbsp;Carnival Cruise Line plans to return its full fleet to service this year, which would bring a total of 63 ships back to operations in 2021.</p>\n<p>Carnival stock has rebounded 32% over the last year but tumbled in June&nbsp;as it ran into some hurdles with the state of Florida's pushback over COVID-19 vaccine mandates, which Carnival views as important to making passengers feel safe on board.Cruise stockshave come under more selling pressure in July over a recent spike in COVID-19 cases.</p>\n<p>Nonetheless, the updated roadmap on returning to normal operations gives investors some near-term visibility on Carnival's recovery. There seems to be tremendous pent-up demand for people to travel again. Carnival announced in early July that a 40-night winter sun Caribbean cruise on P&amp;O Cruises sold out in the first day.</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>Airline stocks, Cruise Stocks rally continues in morning trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAirline stocks, Cruise Stocks rally continues in morning trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-07-21 23:08</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(July&nbsp;21)&nbsp;Airline stocks, Cruise Stocks rally continues in morning trading.<img src=\"https://static.tigerbbs.com/552c4c7cf72c26141391a54bd44731bc\" tg-width=\"307\" tg-height=\"364\" width=\"100%\" height=\"auto\"></p>\n<p>Shares of&nbsp;<a href=\"https://laohu8.com/S/CCL\">Carnival</a> &nbsp;rose&nbsp;over&nbsp;3%&nbsp;in&nbsp;premarket trading,&nbsp;after&nbsp;the company said it plans to resume guest cruise operations across eight of its cruise line brands by the end of 2021. This would bring Carnival's total operating capacity to nearly 75% by the end of 2021.</p>\n<p>A total of 54 ships across AIDA Cruises, Carnival Cruise Line, Costa Cruises, Cunard, Holland America Line, Princess Cruises, P&amp;O Cruises, and Seabourn plan to resume operations by the end of 2021.&nbsp;Carnival Cruise Line plans to return its full fleet to service this year, which would bring a total of 63 ships back to operations in 2021.</p>\n<p>Carnival stock has rebounded 32% over the last year but tumbled in June&nbsp;as it ran into some hurdles with the state of Florida's pushback over COVID-19 vaccine mandates, which Carnival views as important to making passengers feel safe on board.Cruise stockshave come under more selling pressure in July over a recent spike in COVID-19 cases.</p>\n<p>Nonetheless, the updated roadmap on returning to normal operations gives investors some near-term visibility on Carnival's recovery. There seems to be tremendous pent-up demand for people to travel again. Carnival announced in early July that a 40-night winter sun Caribbean cruise on P&amp;O Cruises sold out in the first day.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DAL":"达美航空","BA":"波音","UAL":"联合大陆航空","RCL":"皇家加勒比邮轮","NCLH":"挪威邮轮","AAL":"美国航空","LUV":"西南航空","SAVE":"Spirit Airlines","CCL":"嘉年华邮轮"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1156292040","content_text":"(July 21) Airline stocks, Cruise Stocks rally continues in morning trading.\nShares of Carnival  rose over 3% in premarket trading, after the company said it plans to resume guest cruise operations across eight of its cruise line brands by the end of 2021. This would bring Carnival's total operating capacity to nearly 75% by the end of 2021.\nA total of 54 ships across AIDA Cruises, Carnival Cruise Line, Costa Cruises, Cunard, Holland America Line, Princess Cruises, P&O Cruises, and Seabourn plan to resume operations by the end of 2021. Carnival Cruise Line plans to return its full fleet to service this year, which would bring a total of 63 ships back to operations in 2021.\nCarnival stock has rebounded 32% over the last year but tumbled in June as it ran into some hurdles with the state of Florida's pushback over COVID-19 vaccine mandates, which Carnival views as important to making passengers feel safe on board.Cruise stockshave come under more selling pressure in July over a recent spike in COVID-19 cases.\nNonetheless, the updated roadmap on returning to normal operations gives investors some near-term visibility on Carnival's recovery. There seems to be tremendous pent-up demand for people to travel again. Carnival announced in early July that a 40-night winter sun Caribbean cruise on P&O Cruises sold out in the first day.","news_type":1},"isVote":1,"tweetType":1,"viewCount":246,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":144509639,"gmtCreate":1626304665321,"gmtModify":1633928161596,"author":{"id":"3584660223518204","authorId":"3584660223518204","name":"AndyCHLim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584660223518204","authorIdStr":"3584660223518204"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/144509639","repostId":"1130412034","repostType":4,"repost":{"id":"1130412034","kind":"news","pubTimestamp":1626300333,"share":"https://www.laohu8.com/m/news/1130412034?lang=&edition=full","pubTime":"2021-07-15 06:05","market":"us","language":"en","title":"Democrats’ $3.5 trillion budget package funds family programs, clean energy and Medicare expansion","url":"https://stock-news.laohu8.com/highlight/detail?id=1130412034","media":"cnbc","summary":"KEY POINTS\n\nSenate Democrats released the framework Wednesday for their $3.5 trillion budget resolut","content":"<div>\n<p>KEY POINTS\n\nSenate Democrats released the framework Wednesday for their $3.5 trillion budget resolution bill, which they hope to pass later this summer on a party-line vote.\nThe legislation is working...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/14/democrats-3point5-trillion-budget-package-funds-family-programs-clean-energy-medicare-expansion.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>Democrats’ $3.5 trillion budget package funds family programs, clean energy and Medicare expansion</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDemocrats’ $3.5 trillion budget package funds family programs, clean energy and Medicare expansion\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-15 06:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/14/democrats-3point5-trillion-budget-package-funds-family-programs-clean-energy-medicare-expansion.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nSenate Democrats released the framework Wednesday for their $3.5 trillion budget resolution bill, which they hope to pass later this summer on a party-line vote.\nThe legislation is working...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/14/democrats-3point5-trillion-budget-package-funds-family-programs-clean-energy-medicare-expansion.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index","SPY":"标普500ETF",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.cnbc.com/2021/07/14/democrats-3point5-trillion-budget-package-funds-family-programs-clean-energy-medicare-expansion.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1130412034","content_text":"KEY POINTS\n\nSenate Democrats released the framework Wednesday for their $3.5 trillion budget resolution bill, which they hope to pass later this summer on a party-line vote.\nThe legislation is working its way through the Congress hand-in-hand with another bill, a $1.2 trillion bipartisan infrastructure proposal that is still being drafted.\n\nWASHINGTON — Senate Democrats released the framework Wednesday for their $3.5 trillion budget resolution bill, which they hope to pass later this summer on a party-line vote.\nThe bill will contain nearly all of President Joe Biden’s American Families Plan bill, plus the addition of expanded Medicare coverage for hearing, vision and dental care.\nHow long each of the programs would last is still up in the air, however, as is how much money will be dedicated to each of the dozens of programs in the bill.\nThese are among the thorny questions that Democrats plan to hash out internally later this summer and fall.\nFor now, here are the topline projects the budget bill would fund:\n\nCreate a national comprehensive paid family and medical leave program.\nFund free universal preschool for all 3- and 4-year-olds.\nFund free community college for all students, expand the total amount of Pell Grants, and increase the maximum individual award.\nExpand access to the summer EBT program, which helps some low-income families with children buy food outside the school year.\nExtend the $1.9 trillion Covid stimulus plan’s provision lowering health insurance premiums for those who buy coverage on their own.\nExtend the child tax credit expansion that was included in the Covid relief bill.\n\nThe bill also contains money for clean energy programs, many of which were cut from the bipartisan infrastructure deal during earlier negotiations with Republicans.\nThese include tax incentives for clean energy and electric vehicles, a Civilian Climate Corps program for young people and energy-efficient building weatherization and electrification projects.\nIn order to fund all the massive new investments, Democrats have announced plans to raise taxes on corporations and the wealthiest individuals. They also plan to fund enhanced enforcement by the IRS, in order to crack down on people who underpay or cheat on their taxes.\nAnother piece of the pay-for equation will be new methane reduction and polluter import fees, to raise revenue and accelerate emissions reductions.\nSenators reached an agreement on the topline number of $3.5 trillion on Tuesday night, but details about the contents of the bill were not released until Wednesday.\nNext steps\nThe next phase of the legislative process will be to fill in the budget framework with details, a process that takes place in the Senate Budget Committee.\nThe chairman of this committee is Sen. Bernie Sanders, I-Vt., who proposed his own $6 trillion budget resolution plan earlier this summer.\nBut Sanders’ $6 trillion plan was far too costly for centrist Democrats to support, and the current $3.5 trillion bill represents an effort to bridge these internal divisions.\nThe budget resolution also contains a key provision that Sanders has long championed but which was not included in Biden’s original American Families Plan: full Medicare coverage for vision, dental and hearing care.\n“This is, in our view, a pivotal moment in American history,” Sanders told reporters Tuesday.\nIf ultimately signed into law, the bill would mark the biggest expansion of the social safety net in decades, along with an unprecedented effort to curb climate change and prepare the country for its effects.\nIt was not clear Wednesday when the budget resolution bill will receive its first vote in the Senate.\nThe timing of the bill is complicated by the fact that it is working its way through Congress hand-in-hand with another bill, a $1.2 trillion bipartisan infrastructure proposal that is still being drafted.\nSenate Majority Leader Chuck Schumer, D-N.Y., wants to hold votes on both the budget resolution and the infrastructure bill before the Senate breaks for its planned August recess.\nOn Monday, Schumer told senators to be ready to remain in Washington for part of the upcoming recess in order to pass both measures.\nSchumer’s timeline for the next few weeks is very ambitious, especially considering that neither of the two massive bills Democrats intend to pass have actually been written yet.\nSeveral centrist Democrats have indicated that they want to pass the infrastructure bill before they cast a vote for the budget resolution bill.\nBut progressives, who strongly support the budget resolution, want the exact opposite: proof that their ambitious budget bill can pass before they agree to join centrist Democrats and Republicans in approving the watered-down infrastructure plan.\nDemocrats hold only a one-vote majority in the Senate, so both bills will need the support of every Democratic senator in order to pass.","news_type":1},"isVote":1,"tweetType":1,"viewCount":220,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":144509181,"gmtCreate":1626304658543,"gmtModify":1633928161840,"author":{"id":"3584660223518204","authorId":"3584660223518204","name":"AndyCHLim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584660223518204","authorIdStr":"3584660223518204"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/144509181","repostId":"1130412034","repostType":4,"repost":{"id":"1130412034","kind":"news","pubTimestamp":1626300333,"share":"https://www.laohu8.com/m/news/1130412034?lang=&edition=full","pubTime":"2021-07-15 06:05","market":"us","language":"en","title":"Democrats’ $3.5 trillion budget package funds family programs, clean energy and Medicare expansion","url":"https://stock-news.laohu8.com/highlight/detail?id=1130412034","media":"cnbc","summary":"KEY POINTS\n\nSenate Democrats released the framework Wednesday for their $3.5 trillion budget resolut","content":"<div>\n<p>KEY POINTS\n\nSenate Democrats released the framework Wednesday for their $3.5 trillion budget resolution bill, which they hope to pass later this summer on a party-line vote.\nThe legislation is working...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/14/democrats-3point5-trillion-budget-package-funds-family-programs-clean-energy-medicare-expansion.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>Democrats’ $3.5 trillion budget package funds family programs, clean energy and Medicare expansion</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\">\nDemocrats’ $3.5 trillion budget package funds family programs, clean energy and Medicare expansion\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-15 06:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/14/democrats-3point5-trillion-budget-package-funds-family-programs-clean-energy-medicare-expansion.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nSenate Democrats released the framework Wednesday for their $3.5 trillion budget resolution bill, which they hope to pass later this summer on a party-line vote.\nThe legislation is working...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/14/democrats-3point5-trillion-budget-package-funds-family-programs-clean-energy-medicare-expansion.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index","SPY":"标普500ETF",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.cnbc.com/2021/07/14/democrats-3point5-trillion-budget-package-funds-family-programs-clean-energy-medicare-expansion.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1130412034","content_text":"KEY POINTS\n\nSenate Democrats released the framework Wednesday for their $3.5 trillion budget resolution bill, which they hope to pass later this summer on a party-line vote.\nThe legislation is working its way through the Congress hand-in-hand with another bill, a $1.2 trillion bipartisan infrastructure proposal that is still being drafted.\n\nWASHINGTON — Senate Democrats released the framework Wednesday for their $3.5 trillion budget resolution bill, which they hope to pass later this summer on a party-line vote.\nThe bill will contain nearly all of President Joe Biden’s American Families Plan bill, plus the addition of expanded Medicare coverage for hearing, vision and dental care.\nHow long each of the programs would last is still up in the air, however, as is how much money will be dedicated to each of the dozens of programs in the bill.\nThese are among the thorny questions that Democrats plan to hash out internally later this summer and fall.\nFor now, here are the topline projects the budget bill would fund:\n\nCreate a national comprehensive paid family and medical leave program.\nFund free universal preschool for all 3- and 4-year-olds.\nFund free community college for all students, expand the total amount of Pell Grants, and increase the maximum individual award.\nExpand access to the summer EBT program, which helps some low-income families with children buy food outside the school year.\nExtend the $1.9 trillion Covid stimulus plan’s provision lowering health insurance premiums for those who buy coverage on their own.\nExtend the child tax credit expansion that was included in the Covid relief bill.\n\nThe bill also contains money for clean energy programs, many of which were cut from the bipartisan infrastructure deal during earlier negotiations with Republicans.\nThese include tax incentives for clean energy and electric vehicles, a Civilian Climate Corps program for young people and energy-efficient building weatherization and electrification projects.\nIn order to fund all the massive new investments, Democrats have announced plans to raise taxes on corporations and the wealthiest individuals. They also plan to fund enhanced enforcement by the IRS, in order to crack down on people who underpay or cheat on their taxes.\nAnother piece of the pay-for equation will be new methane reduction and polluter import fees, to raise revenue and accelerate emissions reductions.\nSenators reached an agreement on the topline number of $3.5 trillion on Tuesday night, but details about the contents of the bill were not released until Wednesday.\nNext steps\nThe next phase of the legislative process will be to fill in the budget framework with details, a process that takes place in the Senate Budget Committee.\nThe chairman of this committee is Sen. Bernie Sanders, I-Vt., who proposed his own $6 trillion budget resolution plan earlier this summer.\nBut Sanders’ $6 trillion plan was far too costly for centrist Democrats to support, and the current $3.5 trillion bill represents an effort to bridge these internal divisions.\nThe budget resolution also contains a key provision that Sanders has long championed but which was not included in Biden’s original American Families Plan: full Medicare coverage for vision, dental and hearing care.\n“This is, in our view, a pivotal moment in American history,” Sanders told reporters Tuesday.\nIf ultimately signed into law, the bill would mark the biggest expansion of the social safety net in decades, along with an unprecedented effort to curb climate change and prepare the country for its effects.\nIt was not clear Wednesday when the budget resolution bill will receive its first vote in the Senate.\nThe timing of the bill is complicated by the fact that it is working its way through Congress hand-in-hand with another bill, a $1.2 trillion bipartisan infrastructure proposal that is still being drafted.\nSenate Majority Leader Chuck Schumer, D-N.Y., wants to hold votes on both the budget resolution and the infrastructure bill before the Senate breaks for its planned August recess.\nOn Monday, Schumer told senators to be ready to remain in Washington for part of the upcoming recess in order to pass both measures.\nSchumer’s timeline for the next few weeks is very ambitious, especially considering that neither of the two massive bills Democrats intend to pass have actually been written yet.\nSeveral centrist Democrats have indicated that they want to pass the infrastructure bill before they cast a vote for the budget resolution bill.\nBut progressives, who strongly support the budget resolution, want the exact opposite: proof that their ambitious budget bill can pass before they agree to join centrist Democrats and Republicans in approving the watered-down infrastructure plan.\nDemocrats hold only a one-vote majority in the Senate, so both bills will need the support of every Democratic senator in order to pass.","news_type":1},"isVote":1,"tweetType":1,"viewCount":205,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":142269294,"gmtCreate":1626153514318,"gmtModify":1633929574792,"author":{"id":"3584660223518204","authorId":"3584660223518204","name":"AndyCHLim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584660223518204","authorIdStr":"3584660223518204"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":8,"repostSize":0,"link":"https://laohu8.com/post/142269294","repostId":"1180447513","repostType":4,"isVote":1,"tweetType":1,"viewCount":365,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":123491677,"gmtCreate":1624432909699,"gmtModify":1634006196353,"author":{"id":"3584660223518204","authorId":"3584660223518204","name":"AndyCHLim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584660223518204","authorIdStr":"3584660223518204"},"themes":[],"htmlText":"Like n thank you","listText":"Like n thank you","text":"Like n thank you","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":7,"repostSize":1,"link":"https://laohu8.com/post/123491677","repostId":"1154985249","repostType":4,"repost":{"id":"1154985249","kind":"news","pubTimestamp":1624432187,"share":"https://www.laohu8.com/m/news/1154985249?lang=&edition=full","pubTime":"2021-06-23 15:09","market":"us","language":"en","title":"Apple Stock: Why Waiting To Buy Is A Bad Move","url":"https://stock-news.laohu8.com/highlight/detail?id=1154985249","media":"The Street","summary":"One Wall Street analyst believes that Apple shares should be bought only after a $20 drop. The Apple","content":"<blockquote>\n <b>One Wall Street analyst believes that Apple shares should be bought only after a $20 drop. The Apple Maven explains why this could be a bad approach.</b>\n</blockquote>\n<p>On Monday, June 21, one Wall Street analyst suggested that waiting until later to buy Apple stock&nbsp;(<b>AAPL</b>) -Get Report&nbsp;made most sense to him. Bernstein’s Toni Sacconaghi, whodowngradedAAPL to neutral in early 2018 due to what he believed to be a saturated iPhone market, thinks that $110 per share is a better entry price.</p>\n<p>Today, the Apple Maven explains why the analyst might be wrong in his “wait and see” approach to owning Apple – at least when it comes to a long-term investment, rather than a short-term trade strategy.</p>\n<p><b>The cautious perspective</b></p>\n<p>Bernstein is not quite an Apple bear. In fact, the research shop defends that the stock looks more appealing now, valued at a current P/E of around 25 times, than earlier in 2021, when the multiple reached a recent peak of 33 times.</p>\n<p>Instead, the analyst thinks that the setup for the next couple of months is at best neutral for the Cupertino company, and that the stock would need to drop a good $20 per share to make the investment opportunity more palatable. The iPhone is at the center of the analyst’s skepticism:</p>\n<blockquote>\n “We still believe risk-reward is largely balanced, given potential downward revisions and potential for a weak iPhone 13 cycle. We remind investors that the only year that the iPhone seasonal trade failed between June and September was following the strong 6 cycle, which objectively bears strong similarities with the current iPhone 12 cycle.”\n</blockquote>\n<p><b>The counterargument</b></p>\n<p>While I respect the point of view above, and it makes logical sense at first glance, I do not think that it is a strong enough argument to take a pass on Apple today.</p>\n<p>On the first part, I believe that speculations on the iPhone 13 are just that: speculations. It is hard to tell today, three months ahead of the launch, how well received the next smartphone model will be. If anything, thesoftware upgrades introduced during WWDCsuggest that the new devices will offer more value to users each year.</p>\n<p>Also, if the super cycle is to be believed, I see no reason to doubt that Apple’s device will find increased demand as 5G networks expand around the world. This is why shipments of 5G-ready devices are expected to increase progressively, rather than spike once and die out (see graph below).</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f74bfdb0cf4552a5fabd06bc37bb9795\" tg-width=\"700\" tg-height=\"427\" referrerpolicy=\"no-referrer\"><span>Figure 2: Worldwide smartphone forecast, 2020Q4. IDC</span></p>\n<p>On the second part, the analyst is probably referring to the graph below. Historically, Apple stock has performed best during the summer months, just ahead of the new iPhone release. Later in the year, investors then proceed to “sell the news”, as the holiday season approaches.</p>\n<p>Mr. Sacconaghi is right that Apple stock did not do well at all in the third quarter of 2015, about nine months following the launch of Apple’smost-successful-everiPhone 6. But at the same time, he fails to recognize that shares skyrocketed in Q3 2018, after the iPhone X’s so-called “upgrade super cycle” (does the term ring a bell?) that the analyst himself bet against when he downgraded Apple to neutral.</p>\n<p><img src=\"https://static.tigerbbs.com/dec062b0576d8fcc1648c4ff070f40e0\" tg-width=\"700\" tg-height=\"169\" referrerpolicy=\"no-referrer\">The Apple Maven’s takeaways</p>\n<p>I believe that Apple stock still heads higher from here for the same reasonsthat I presented in early June, when shares were worth $123: stable yields, unsustainable drawdown and seasonal tailwinds (not to mention the more important business fundamental factors).</p>\n<p>I think that long-term investors are probably better off owning shares at current valuations that seem reasonable, rather than waiting for a 15% drop that may never materialize. This isin line with my beliefthat Apple stock is best owned for the long-term, not traded for short-term profits.</p>\n<p><b>Twitter speaks</b></p>\n<p>One Wall Street analyst believes that investors should wait to invest in Apple stock once it drops to $110 per share. What best summarizes your thoughts on this approach?</p>\n<p><img src=\"https://static.tigerbbs.com/2af2fb4f61c41fe21e4254a1eb2493ad\" tg-width=\"567\" tg-height=\"415\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Explore more data and graphs</b></p>\n<p>I have been impressed with the breadth and depth of information on markets, stocks and ETFsprovided by Stock Rover. Stock Rover helps to set up detailed filters, track custom portfolios and measure their performance relative to a number of benchmarks.</p>\n<p>To learn more,check out stockrover.comand get started for as low as $7.99 a month. The premium plus plan that I have will give you access to all the information that goes into my analysis and much more.</p>","source":"lsy1610613172068","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Stock: Why Waiting To Buy Is A Bad Move</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Stock: Why Waiting To Buy Is A Bad Move\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 15:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/apple/stock/apple-stock-why-waiting-to-buy-is-a-bad-move><strong>The Street</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>One Wall Street analyst believes that Apple shares should be bought only after a $20 drop. The Apple Maven explains why this could be a bad approach.\n\nOn Monday, June 21, one Wall Street analyst ...</p>\n\n<a href=\"https://www.thestreet.com/apple/stock/apple-stock-why-waiting-to-buy-is-a-bad-move\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.thestreet.com/apple/stock/apple-stock-why-waiting-to-buy-is-a-bad-move","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154985249","content_text":"One Wall Street analyst believes that Apple shares should be bought only after a $20 drop. The Apple Maven explains why this could be a bad approach.\n\nOn Monday, June 21, one Wall Street analyst suggested that waiting until later to buy Apple stock (AAPL) -Get Report made most sense to him. Bernstein’s Toni Sacconaghi, whodowngradedAAPL to neutral in early 2018 due to what he believed to be a saturated iPhone market, thinks that $110 per share is a better entry price.\nToday, the Apple Maven explains why the analyst might be wrong in his “wait and see” approach to owning Apple – at least when it comes to a long-term investment, rather than a short-term trade strategy.\nThe cautious perspective\nBernstein is not quite an Apple bear. In fact, the research shop defends that the stock looks more appealing now, valued at a current P/E of around 25 times, than earlier in 2021, when the multiple reached a recent peak of 33 times.\nInstead, the analyst thinks that the setup for the next couple of months is at best neutral for the Cupertino company, and that the stock would need to drop a good $20 per share to make the investment opportunity more palatable. The iPhone is at the center of the analyst’s skepticism:\n\n “We still believe risk-reward is largely balanced, given potential downward revisions and potential for a weak iPhone 13 cycle. We remind investors that the only year that the iPhone seasonal trade failed between June and September was following the strong 6 cycle, which objectively bears strong similarities with the current iPhone 12 cycle.”\n\nThe counterargument\nWhile I respect the point of view above, and it makes logical sense at first glance, I do not think that it is a strong enough argument to take a pass on Apple today.\nOn the first part, I believe that speculations on the iPhone 13 are just that: speculations. It is hard to tell today, three months ahead of the launch, how well received the next smartphone model will be. If anything, thesoftware upgrades introduced during WWDCsuggest that the new devices will offer more value to users each year.\nAlso, if the super cycle is to be believed, I see no reason to doubt that Apple’s device will find increased demand as 5G networks expand around the world. This is why shipments of 5G-ready devices are expected to increase progressively, rather than spike once and die out (see graph below).\nFigure 2: Worldwide smartphone forecast, 2020Q4. IDC\nOn the second part, the analyst is probably referring to the graph below. Historically, Apple stock has performed best during the summer months, just ahead of the new iPhone release. Later in the year, investors then proceed to “sell the news”, as the holiday season approaches.\nMr. Sacconaghi is right that Apple stock did not do well at all in the third quarter of 2015, about nine months following the launch of Apple’smost-successful-everiPhone 6. But at the same time, he fails to recognize that shares skyrocketed in Q3 2018, after the iPhone X’s so-called “upgrade super cycle” (does the term ring a bell?) that the analyst himself bet against when he downgraded Apple to neutral.\nThe Apple Maven’s takeaways\nI believe that Apple stock still heads higher from here for the same reasonsthat I presented in early June, when shares were worth $123: stable yields, unsustainable drawdown and seasonal tailwinds (not to mention the more important business fundamental factors).\nI think that long-term investors are probably better off owning shares at current valuations that seem reasonable, rather than waiting for a 15% drop that may never materialize. This isin line with my beliefthat Apple stock is best owned for the long-term, not traded for short-term profits.\nTwitter speaks\nOne Wall Street analyst believes that investors should wait to invest in Apple stock once it drops to $110 per share. What best summarizes your thoughts on this approach?\n\nExplore more data and graphs\nI have been impressed with the breadth and depth of information on markets, stocks and ETFsprovided by Stock Rover. Stock Rover helps to set up detailed filters, track custom portfolios and measure their performance relative to a number of benchmarks.\nTo learn more,check out stockrover.comand get started for as low as $7.99 a month. The premium plus plan that I have will give you access to all the information that goes into my analysis and much more.","news_type":1},"isVote":1,"tweetType":1,"viewCount":107,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":693927232,"gmtCreate":1639963311372,"gmtModify":1639963311456,"author":{"id":"3584660223518204","authorId":"3584660223518204","name":"AndyCHLim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584660223518204","authorIdStr":"3584660223518204"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":12,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/693927232","repostId":"1130704419","repostType":4,"repost":{"id":"1130704419","kind":"news","pubTimestamp":1639953553,"share":"https://www.laohu8.com/m/news/1130704419?lang=&edition=full","pubTime":"2021-12-20 06:39","market":"us","language":"en","title":"Nike, Micron, BlackBerry, CarMax, and Other Stocks for Investors to Watch This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=1130704419","media":"Barrons","summary":"Stock and bond markets around the world will be closed Friday in observance of Christmas. Before the holiday break,Nike and Micron Technology report on Monday,BlackBerry and General Mills on Tuesday, and CarMax,Cintas,and Paychex on Wednesday.It will be a busy week of economic data releases. On Monday, the Conference Board publishes its Leading Economic Index for November, followed by its Consumer Confidence Index for December on Wednesday.On Thursday, the Bureau of Economic Analysis reports per","content":"<p>Stock and bond markets around the world will be closed Friday in observance of Christmas. Before the holiday&nbsp;break,Nike&nbsp;and&nbsp;Micron Technology&nbsp;report on Monday,BlackBerry&nbsp;and&nbsp;General Mills&nbsp;on Tuesday, and&nbsp;CarMax,Cintas,and&nbsp;Paychex&nbsp;on Wednesday.</p>\n<p>It will be a busy week of economic data releases. On Monday, the&nbsp;Conference Board publishes its Leading Economic Index for November, followed&nbsp;by its Consumer Confidence Index for December on Wednesday.</p>\n<p>On Thursday, the&nbsp;Bureau of Economic Analysis reports personal income and consumption expenditures for November. Consumer earnings are forecast to have risen 0.6% while spending is seen climbing 0.5%. The Federal Reserve’s preferred measure of inflation, the core&nbsp;PCE price index, is expected to have spiked 4.5% in November.</p>\n<p>Also Thursday, the Census Bureau releases the durable goods report for November, which will provide a window into investment spending in the economy. New orders are forecast to have risen 2.1%. Housing-market indicators out this week include existing-home sales for November on Wednesday and new-home sales for November on Thursday.</p>\n<p><b>Monday 12/20</b></p>\n<p>Micron Technology and Nike report quarterly results.</p>\n<p><b>The Conference Board</b> releases its Leading Economic Index for November. Consensus estimate is for a 119 reading, which would be 0.6% more than October’s level. The Conference Board currently projects a 5% growth rate for fourth-quarter gross domestic product and a slower but still robust 2.6% for 2022.</p>\n<p><b>Tuesday 12/21</b></p>\n<p>BlackBerry,FactSet Research Systems,and General Mills announce earnings.</p>\n<p><b>Wednesday 12/22</b></p>\n<p><b>The NAR reports</b> existing-home sales for November. Economists forecast a seasonally adjusted annual rate of 6.4 million homes sold, slightly more than in October and the highest since the beginning of the year.</p>\n<p>CarMax, Cintas, and Paychex hold conference calls to discuss quarterly results.</p>\n<p><b>The Bureau of Economic</b> Analysis reports its third and final estimate for third-quarter GDP. Economists forecast a 2.1% seasonally adjusted annual growth rate, unchanged from November’s second estimate.</p>\n<p><b>The Conference Board</b> releases its Consumer Confidence Index for December. Expectations are for a 110 reading, roughly even with the November data. The index is 15% lower than the postpandemic peak reached in June of this year, due to concerns about rising prices and, to a lesser degree, Covid-19 variants.</p>\n<p><b>Thursday 12/23</b></p>\n<p><b>The Department of Labor</b> reports initial jobless claims for the week ending on Dec. 18. Jobless claims have averaged 225,667 a week in November and December, and have finally reached prepandemic levels.</p>\n<p><b>The Census Bureau</b> reports new-home sales for November. Consensus estimate is for a seasonally adjusted annual rate of 770,000 new single-family houses sold, 25,000 more than in October. The median sales price of new houses sold in October was $407,700, while the average sales price was $477,800—both record highs.</p>\n<p><b>The BEA reports</b> personal income and consumption expenditures for November. Economists forecast a 0.6% monthly increase for income and 0.5% for consumption. This compares with gains for 0.5% and 1.3%, respectively, in October. The Federal Reserve’s preferred inflation gauge, the core PCE price index, jumped 4.1% year over year in October, the fastest rate since 1991. Predictions are for it to spike 4.6% in November.</p>\n<p><b>The Census Bureau</b> releases the durable goods report for November. New orders for durable manufactured goods are expected to increase 2.1%, to $265.6 billion. Excluding transportation, new orders are seen gaining 0.6%, compared with a 0.5% rise in October.</p>\n<p><b>Friday 12/24</b></p>\n<p><b>U.S. equity</b>&nbsp;and fixed-income markets are closed in observance of Christmas.</p>","source":"lsy1601382232898","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>Nike, Micron, BlackBerry, CarMax, and Other Stocks for Investors to Watch This Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNike, Micron, BlackBerry, CarMax, and Other Stocks for Investors to Watch This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-20 06:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/nike-micron-blackberry-carmax-and-other-stocks-for-investors-to-watch-this-week-51639944183?mod=hp_LEAD_5><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stock and bond markets around the world will be closed Friday in observance of Christmas. Before the holiday break,Nike and Micron Technology report on Monday,BlackBerry and General Mills on Tuesday, ...</p>\n\n<a href=\"https://www.barrons.com/articles/nike-micron-blackberry-carmax-and-other-stocks-for-investors-to-watch-this-week-51639944183?mod=hp_LEAD_5\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"KMX":"车美仕","MU":"美光科技",".IXIC":"NASDAQ Composite","PAYX":"沛齐","GIS":"通用磨坊",".SPX":"S&P 500 Index","CTAS":"信达思",".DJI":"道琼斯"},"source_url":"https://www.barrons.com/articles/nike-micron-blackberry-carmax-and-other-stocks-for-investors-to-watch-this-week-51639944183?mod=hp_LEAD_5","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1130704419","content_text":"Stock and bond markets around the world will be closed Friday in observance of Christmas. Before the holiday break,Nike and Micron Technology report on Monday,BlackBerry and General Mills on Tuesday, and CarMax,Cintas,and Paychex on Wednesday.\nIt will be a busy week of economic data releases. On Monday, the Conference Board publishes its Leading Economic Index for November, followed by its Consumer Confidence Index for December on Wednesday.\nOn Thursday, the Bureau of Economic Analysis reports personal income and consumption expenditures for November. Consumer earnings are forecast to have risen 0.6% while spending is seen climbing 0.5%. The Federal Reserve’s preferred measure of inflation, the core PCE price index, is expected to have spiked 4.5% in November.\nAlso Thursday, the Census Bureau releases the durable goods report for November, which will provide a window into investment spending in the economy. New orders are forecast to have risen 2.1%. Housing-market indicators out this week include existing-home sales for November on Wednesday and new-home sales for November on Thursday.\nMonday 12/20\nMicron Technology and Nike report quarterly results.\nThe Conference Board releases its Leading Economic Index for November. Consensus estimate is for a 119 reading, which would be 0.6% more than October’s level. The Conference Board currently projects a 5% growth rate for fourth-quarter gross domestic product and a slower but still robust 2.6% for 2022.\nTuesday 12/21\nBlackBerry,FactSet Research Systems,and General Mills announce earnings.\nWednesday 12/22\nThe NAR reports existing-home sales for November. Economists forecast a seasonally adjusted annual rate of 6.4 million homes sold, slightly more than in October and the highest since the beginning of the year.\nCarMax, Cintas, and Paychex hold conference calls to discuss quarterly results.\nThe Bureau of Economic Analysis reports its third and final estimate for third-quarter GDP. Economists forecast a 2.1% seasonally adjusted annual growth rate, unchanged from November’s second estimate.\nThe Conference Board releases its Consumer Confidence Index for December. Expectations are for a 110 reading, roughly even with the November data. The index is 15% lower than the postpandemic peak reached in June of this year, due to concerns about rising prices and, to a lesser degree, Covid-19 variants.\nThursday 12/23\nThe Department of Labor reports initial jobless claims for the week ending on Dec. 18. Jobless claims have averaged 225,667 a week in November and December, and have finally reached prepandemic levels.\nThe Census Bureau reports new-home sales for November. Consensus estimate is for a seasonally adjusted annual rate of 770,000 new single-family houses sold, 25,000 more than in October. The median sales price of new houses sold in October was $407,700, while the average sales price was $477,800—both record highs.\nThe BEA reports personal income and consumption expenditures for November. Economists forecast a 0.6% monthly increase for income and 0.5% for consumption. This compares with gains for 0.5% and 1.3%, respectively, in October. The Federal Reserve’s preferred inflation gauge, the core PCE price index, jumped 4.1% year over year in October, the fastest rate since 1991. Predictions are for it to spike 4.6% in November.\nThe Census Bureau releases the durable goods report for November. New orders for durable manufactured goods are expected to increase 2.1%, to $265.6 billion. Excluding transportation, new orders are seen gaining 0.6%, compared with a 0.5% rise in October.\nFriday 12/24\nU.S. equity and fixed-income markets are closed in observance of Christmas.","news_type":1},"isVote":1,"tweetType":1,"viewCount":807,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":142269294,"gmtCreate":1626153514318,"gmtModify":1633929574792,"author":{"id":"3584660223518204","authorId":"3584660223518204","name":"AndyCHLim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584660223518204","authorIdStr":"3584660223518204"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":8,"repostSize":0,"link":"https://laohu8.com/post/142269294","repostId":"1180447513","repostType":4,"repost":{"id":"1180447513","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":1626153261,"share":"https://www.laohu8.com/m/news/1180447513?lang=&edition=full","pubTime":"2021-07-13 13:14","market":"us","language":"en","title":"Analysis: Wall Street charges ahead but some option traders hedge against sharp pullback","url":"https://stock-news.laohu8.com/highlight/detail?id=1180447513","media":"Reuters","summary":"NEW YORK (Reuters) - Even with U.S. stocks scaling record highs day after day and Wall Street’s “fea","content":"<p>NEW YORK (Reuters) - Even with U.S. stocks scaling record highs day after day and Wall Street’s “fear gauge” showing a low level of worry, some corners of the options market indicate investors are growing much more fearful of a sharp pullback than they have been in months.</p>\n<p>The Cboe Volatility Index, known as Wall Street’s fear gauge, is back near its post-pandemic lows, showing little investor dread of near-term stock market weakness. But other, less obvious measures are flashing red, indicating concerns that the market could be in for a large drop.</p>\n<p>It is unusually expensive, for instance, for investors to hedge their portfolios against a sharp decline in the S&amp;P 500 than it is to buy options that would profit from a big gain.</p>\n<p>A put option hedging against a 10% drop in the S&amp;P 500 by August is about 35 times as expensive as a call option that would profit from a 10% rise. At the height of the stock market panic in March 2020, that downside put option only traded as high as 11x the upside calls, said Amy Wu Silverman, equity derivatives strategist at RBC Capital Markets.</p>\n<p>Nations TailDex, which measures the cost of hedging against a 3-standard deviation move in the SPDR S&amp;P 500 ETF Trust, is higher than it has been about 90% of the time over the last five years.</p>\n<p>That type of contrast between the VIX and other measures “is not terribly common,” said Randy Frederick, vice president of trading and derivatives for Charles Schwab.</p>\n<p>One explanation points to institutional investors -- who Frederick said are more likely to hedge against a big market decline -- moving to protect their downside, while retail investors keep betting on the market to grind higher.</p>\n<p>Joe Tigay, portfolio manager at Equity Armor Investments, believes the market’s mixed signals on volatility mean that investors may run for cover at the first sign of trouble.</p>\n<p>“My view is that the market is not as hedged as it should be,” Tigay said.</p>\n<p>Some investors are on edge about the economic impact of the spread of the Delta coronavirus variant and worries about how the Federal Reserve will react to inflation and economic growth data, making it prudent to guard against a 5% to 10% drop in stocks, said Arnim Holzer, macro and correlation defense strategist at EAB Investment Group.</p>\n<p>Many investors have also grown uneasy due to the unusually long stretch of calm trading.</p>\n<p>Since World War Two, the S&amp;P 500 index has had a decline of at least 5% an average of every 178 calendar days, according to Sam Stovall, chief investment strategist at CFRA. The latest market advance has lasted 292 days without such a fall, the longest period since January 2018, when a 715-day advance was followed by a 10.8% drop for the S&amp;P 500.</p>\n<p>Seasonality is also a factor. The period from mid-July through October has traditionally been the weakest time of the year for stocks, according to Jeffrey Hirsch, editor of the Stock Trader’s Almanac.</p>\n<p>“U.S. equities have been incredibly resilient,” said Chris Murphy, Co-Head of Derivatives Strategy at Susquehanna Investment Group in a recent note to investors. “But with a seasonably weak period approaching and expectations ahead of earnings sky high, it’s worth looking at macro hedges.”</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>Analysis: Wall Street charges ahead but some option traders hedge against sharp pullback</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\">\nAnalysis: Wall Street charges ahead but some option traders hedge against sharp pullback\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-07-13 13:14</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>NEW YORK (Reuters) - Even with U.S. stocks scaling record highs day after day and Wall Street’s “fear gauge” showing a low level of worry, some corners of the options market indicate investors are growing much more fearful of a sharp pullback than they have been in months.</p>\n<p>The Cboe Volatility Index, known as Wall Street’s fear gauge, is back near its post-pandemic lows, showing little investor dread of near-term stock market weakness. But other, less obvious measures are flashing red, indicating concerns that the market could be in for a large drop.</p>\n<p>It is unusually expensive, for instance, for investors to hedge their portfolios against a sharp decline in the S&amp;P 500 than it is to buy options that would profit from a big gain.</p>\n<p>A put option hedging against a 10% drop in the S&amp;P 500 by August is about 35 times as expensive as a call option that would profit from a 10% rise. At the height of the stock market panic in March 2020, that downside put option only traded as high as 11x the upside calls, said Amy Wu Silverman, equity derivatives strategist at RBC Capital Markets.</p>\n<p>Nations TailDex, which measures the cost of hedging against a 3-standard deviation move in the SPDR S&amp;P 500 ETF Trust, is higher than it has been about 90% of the time over the last five years.</p>\n<p>That type of contrast between the VIX and other measures “is not terribly common,” said Randy Frederick, vice president of trading and derivatives for Charles Schwab.</p>\n<p>One explanation points to institutional investors -- who Frederick said are more likely to hedge against a big market decline -- moving to protect their downside, while retail investors keep betting on the market to grind higher.</p>\n<p>Joe Tigay, portfolio manager at Equity Armor Investments, believes the market’s mixed signals on volatility mean that investors may run for cover at the first sign of trouble.</p>\n<p>“My view is that the market is not as hedged as it should be,” Tigay said.</p>\n<p>Some investors are on edge about the economic impact of the spread of the Delta coronavirus variant and worries about how the Federal Reserve will react to inflation and economic growth data, making it prudent to guard against a 5% to 10% drop in stocks, said Arnim Holzer, macro and correlation defense strategist at EAB Investment Group.</p>\n<p>Many investors have also grown uneasy due to the unusually long stretch of calm trading.</p>\n<p>Since World War Two, the S&amp;P 500 index has had a decline of at least 5% an average of every 178 calendar days, according to Sam Stovall, chief investment strategist at CFRA. The latest market advance has lasted 292 days without such a fall, the longest period since January 2018, when a 715-day advance was followed by a 10.8% drop for the S&amp;P 500.</p>\n<p>Seasonality is also a factor. The period from mid-July through October has traditionally been the weakest time of the year for stocks, according to Jeffrey Hirsch, editor of the Stock Trader’s Almanac.</p>\n<p>“U.S. equities have been incredibly resilient,” said Chris Murphy, Co-Head of Derivatives Strategy at Susquehanna Investment Group in a recent note to investors. “But with a seasonably weak period approaching and expectations ahead of earnings sky high, it’s worth looking at macro hedges.”</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index","SPY":"标普500ETF",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180447513","content_text":"NEW YORK (Reuters) - Even with U.S. stocks scaling record highs day after day and Wall Street’s “fear gauge” showing a low level of worry, some corners of the options market indicate investors are growing much more fearful of a sharp pullback than they have been in months.\nThe Cboe Volatility Index, known as Wall Street’s fear gauge, is back near its post-pandemic lows, showing little investor dread of near-term stock market weakness. But other, less obvious measures are flashing red, indicating concerns that the market could be in for a large drop.\nIt is unusually expensive, for instance, for investors to hedge their portfolios against a sharp decline in the S&P 500 than it is to buy options that would profit from a big gain.\nA put option hedging against a 10% drop in the S&P 500 by August is about 35 times as expensive as a call option that would profit from a 10% rise. At the height of the stock market panic in March 2020, that downside put option only traded as high as 11x the upside calls, said Amy Wu Silverman, equity derivatives strategist at RBC Capital Markets.\nNations TailDex, which measures the cost of hedging against a 3-standard deviation move in the SPDR S&P 500 ETF Trust, is higher than it has been about 90% of the time over the last five years.\nThat type of contrast between the VIX and other measures “is not terribly common,” said Randy Frederick, vice president of trading and derivatives for Charles Schwab.\nOne explanation points to institutional investors -- who Frederick said are more likely to hedge against a big market decline -- moving to protect their downside, while retail investors keep betting on the market to grind higher.\nJoe Tigay, portfolio manager at Equity Armor Investments, believes the market’s mixed signals on volatility mean that investors may run for cover at the first sign of trouble.\n“My view is that the market is not as hedged as it should be,” Tigay said.\nSome investors are on edge about the economic impact of the spread of the Delta coronavirus variant and worries about how the Federal Reserve will react to inflation and economic growth data, making it prudent to guard against a 5% to 10% drop in stocks, said Arnim Holzer, macro and correlation defense strategist at EAB Investment Group.\nMany investors have also grown uneasy due to the unusually long stretch of calm trading.\nSince World War Two, the S&P 500 index has had a decline of at least 5% an average of every 178 calendar days, according to Sam Stovall, chief investment strategist at CFRA. The latest market advance has lasted 292 days without such a fall, the longest period since January 2018, when a 715-day advance was followed by a 10.8% drop for the S&P 500.\nSeasonality is also a factor. The period from mid-July through October has traditionally been the weakest time of the year for stocks, according to Jeffrey Hirsch, editor of the Stock Trader’s Almanac.\n“U.S. equities have been incredibly resilient,” said Chris Murphy, Co-Head of Derivatives Strategy at Susquehanna Investment Group in a recent note to investors. “But with a seasonably weak period approaching and expectations ahead of earnings sky high, it’s worth looking at macro hedges.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":365,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":175617855,"gmtCreate":1627028477477,"gmtModify":1633768645798,"author":{"id":"3584660223518204","authorId":"3584660223518204","name":"AndyCHLim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584660223518204","authorIdStr":"3584660223518204"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":4,"repostSize":1,"link":"https://laohu8.com/post/175617855","repostId":"1112567098","repostType":4,"isVote":1,"tweetType":1,"viewCount":272,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":176924522,"gmtCreate":1626856092266,"gmtModify":1633770373406,"author":{"id":"3584660223518204","authorId":"3584660223518204","name":"AndyCHLim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584660223518204","authorIdStr":"3584660223518204"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/176924522","repostId":"1156292040","repostType":4,"repost":{"id":"1156292040","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1626880084,"share":"https://www.laohu8.com/m/news/1156292040?lang=&edition=full","pubTime":"2021-07-21 23:08","market":"us","language":"en","title":"Airline stocks, Cruise Stocks rally continues in morning trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1156292040","media":"Tiger Newspress","summary":"(July 21) Airline stocks, Cruise Stocks rally continues in morning trading.\nShares of Carnival  rose","content":"<p>(July&nbsp;21)&nbsp;Airline stocks, Cruise Stocks rally continues in morning trading.<img src=\"https://static.tigerbbs.com/552c4c7cf72c26141391a54bd44731bc\" tg-width=\"307\" tg-height=\"364\" width=\"100%\" height=\"auto\"></p>\n<p>Shares of&nbsp;<a href=\"https://laohu8.com/S/CCL\">Carnival</a> &nbsp;rose&nbsp;over&nbsp;3%&nbsp;in&nbsp;premarket trading,&nbsp;after&nbsp;the company said it plans to resume guest cruise operations across eight of its cruise line brands by the end of 2021. This would bring Carnival's total operating capacity to nearly 75% by the end of 2021.</p>\n<p>A total of 54 ships across AIDA Cruises, Carnival Cruise Line, Costa Cruises, Cunard, Holland America Line, Princess Cruises, P&amp;O Cruises, and Seabourn plan to resume operations by the end of 2021.&nbsp;Carnival Cruise Line plans to return its full fleet to service this year, which would bring a total of 63 ships back to operations in 2021.</p>\n<p>Carnival stock has rebounded 32% over the last year but tumbled in June&nbsp;as it ran into some hurdles with the state of Florida's pushback over COVID-19 vaccine mandates, which Carnival views as important to making passengers feel safe on board.Cruise stockshave come under more selling pressure in July over a recent spike in COVID-19 cases.</p>\n<p>Nonetheless, the updated roadmap on returning to normal operations gives investors some near-term visibility on Carnival's recovery. There seems to be tremendous pent-up demand for people to travel again. Carnival announced in early July that a 40-night winter sun Caribbean cruise on P&amp;O Cruises sold out in the first day.</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>Airline stocks, Cruise Stocks rally continues in morning trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAirline stocks, Cruise Stocks rally continues in morning trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-07-21 23:08</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(July&nbsp;21)&nbsp;Airline stocks, Cruise Stocks rally continues in morning trading.<img src=\"https://static.tigerbbs.com/552c4c7cf72c26141391a54bd44731bc\" tg-width=\"307\" tg-height=\"364\" width=\"100%\" height=\"auto\"></p>\n<p>Shares of&nbsp;<a href=\"https://laohu8.com/S/CCL\">Carnival</a> &nbsp;rose&nbsp;over&nbsp;3%&nbsp;in&nbsp;premarket trading,&nbsp;after&nbsp;the company said it plans to resume guest cruise operations across eight of its cruise line brands by the end of 2021. This would bring Carnival's total operating capacity to nearly 75% by the end of 2021.</p>\n<p>A total of 54 ships across AIDA Cruises, Carnival Cruise Line, Costa Cruises, Cunard, Holland America Line, Princess Cruises, P&amp;O Cruises, and Seabourn plan to resume operations by the end of 2021.&nbsp;Carnival Cruise Line plans to return its full fleet to service this year, which would bring a total of 63 ships back to operations in 2021.</p>\n<p>Carnival stock has rebounded 32% over the last year but tumbled in June&nbsp;as it ran into some hurdles with the state of Florida's pushback over COVID-19 vaccine mandates, which Carnival views as important to making passengers feel safe on board.Cruise stockshave come under more selling pressure in July over a recent spike in COVID-19 cases.</p>\n<p>Nonetheless, the updated roadmap on returning to normal operations gives investors some near-term visibility on Carnival's recovery. There seems to be tremendous pent-up demand for people to travel again. Carnival announced in early July that a 40-night winter sun Caribbean cruise on P&amp;O Cruises sold out in the first day.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DAL":"达美航空","BA":"波音","UAL":"联合大陆航空","RCL":"皇家加勒比邮轮","NCLH":"挪威邮轮","AAL":"美国航空","LUV":"西南航空","SAVE":"Spirit Airlines","CCL":"嘉年华邮轮"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1156292040","content_text":"(July 21) Airline stocks, Cruise Stocks rally continues in morning trading.\nShares of Carnival  rose over 3% in premarket trading, after the company said it plans to resume guest cruise operations across eight of its cruise line brands by the end of 2021. This would bring Carnival's total operating capacity to nearly 75% by the end of 2021.\nA total of 54 ships across AIDA Cruises, Carnival Cruise Line, Costa Cruises, Cunard, Holland America Line, Princess Cruises, P&O Cruises, and Seabourn plan to resume operations by the end of 2021. Carnival Cruise Line plans to return its full fleet to service this year, which would bring a total of 63 ships back to operations in 2021.\nCarnival stock has rebounded 32% over the last year but tumbled in June as it ran into some hurdles with the state of Florida's pushback over COVID-19 vaccine mandates, which Carnival views as important to making passengers feel safe on board.Cruise stockshave come under more selling pressure in July over a recent spike in COVID-19 cases.\nNonetheless, the updated roadmap on returning to normal operations gives investors some near-term visibility on Carnival's recovery. There seems to be tremendous pent-up demand for people to travel again. Carnival announced in early July that a 40-night winter sun Caribbean cruise on P&O Cruises sold out in the first day.","news_type":1},"isVote":1,"tweetType":1,"viewCount":246,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":162807266,"gmtCreate":1624053889355,"gmtModify":1634023586768,"author":{"id":"3584660223518204","authorId":"3584660223518204","name":"AndyCHLim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584660223518204","authorIdStr":"3584660223518204"},"themes":[],"htmlText":"Like......","listText":"Like......","text":"Like......","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/162807266","repostId":"2144774740","repostType":4,"repost":{"id":"2144774740","kind":"highlight","weMediaInfo":{"introduction":"The leading daily newsletter for the latest financial and business news. 33Yrs Helping Stock Investors with Investing Insights, Tools, News & More.","home_visible":0,"media_name":"Investors","id":"1085713068","head_image":"https://static.tigerbbs.com/608dd68a89ed486e18f64efe3136266c"},"pubTimestamp":1624030096,"share":"https://www.laohu8.com/m/news/2144774740?lang=&edition=full","pubTime":"2021-06-18 23:28","market":"us","language":"en","title":"Adobe Getting Lift From Economic Reopening Post-Pandemic","url":"https://stock-news.laohu8.com/highlight/detail?id=2144774740","media":"Investors","summary":"Software giant Adobe is benefiting as the economy reopens following the Covid-19 pandemic, a senior executive says.","content":"<p>Software giant <b><a href=\"https://laohu8.com/S/ADBE\">Adobe</a></b> is benefiting as the economy reopens as the Covid-19 pandemic wanes, a senior executive says. The company's beat-and-raise quarterly report provided proof of that. ADBE stock jumped on Friday.</p>\n<p>The maker of digital media and marketing software late Thursday reported fiscal second-quarter earnings that easily topped expectations. Adobe also guided above views for the current quarter.</p>\n<p>The San Jose, Calif.-based company earned an adjusted $3.03 a share on sales of $3.84 billion in the quarter ended June 4. On a year-over-year basis, Adobe earnings rose 24% while sales climbed 23%.</p>\n<p>For the current quarter, Adobe expects to earn an adjusted $3 a share, up 17%, on sales of $3.88 billion, up 20%.</p>\n<h2>ADBE Stock Rises After Earnings Report</h2>\n<p>In morning trading on the stock market today, ADBE stock advanced 2.2%, near 563.35. Earlier in the session, ADBE stock notched a record high 570.</p>\n<p>\"All three of our businesses — Creative Cloud, Document Cloud and <a href=\"https://laohu8.com/S/EXP.AU\">Experience</a> Cloud — just killed it this quarter with excellent performance,\" Chief Financial Officer John Murphy told Investor's Business Daily. \"Content creation and customer experience engagement in personalized ways are resonating across all of our businesses. And it's really driving the momentum and acceleration in the business.\"</p>\n<p>That momentum will continue in the company's seasonally weaker fiscal third quarter, Murphy said. The current quarter includes the summer months of June, July and August.</p>\n<p>\"The macroeconomic stability is giving a lot of enterprises confidence to invest again,\" Murphy said. \"Companies are prioritizing digital transformation.\"</p>\n<p>The reopening of the economy and return to offices after the pandemic should provide a tailwind for Adobe's business, he said.</p>\n<h2>Analysts Raise Price Targets On Adobe Stock</h2>\n<p>At least 15 Wall Street analysts raised their price targets on ADBE stock after the earnings report.</p>\n<p>Mizuho Securities analyst Gregg Moskowitz reiterated his buy rating on ADBE stock and upped his price target to 640 from 600.</p>\n<p>\"Adobe's expansive portfolio of software solutions has made it the gold standard in content creation, consumption, and collaboration,\" Moskowitz said in a note to clients. \"Adobe is very well positioned to benefit from digital transformation with its comprehensive end-to-end offering that differentiates it from competitors.\"</p>\n<p>On June 11, ADBE stock broke out of a 40-week&nbsp;consolidation period&nbsp;at a&nbsp;buy point&nbsp;of 536.98, according to&nbsp;IBD MarketSmith charts.</p>\n<p>However, IBD Leaderboard analysis offered investors an earlier buy point of 525.54 from a cup base within the larger consolidation pattern.</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>Adobe Getting Lift From Economic Reopening Post-Pandemic</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\">\nAdobe Getting Lift From Economic Reopening Post-Pandemic\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/608dd68a89ed486e18f64efe3136266c);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Investors </p>\n<p class=\"h-time\">2021-06-18 23:28</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Software giant <b><a href=\"https://laohu8.com/S/ADBE\">Adobe</a></b> is benefiting as the economy reopens as the Covid-19 pandemic wanes, a senior executive says. The company's beat-and-raise quarterly report provided proof of that. ADBE stock jumped on Friday.</p>\n<p>The maker of digital media and marketing software late Thursday reported fiscal second-quarter earnings that easily topped expectations. Adobe also guided above views for the current quarter.</p>\n<p>The San Jose, Calif.-based company earned an adjusted $3.03 a share on sales of $3.84 billion in the quarter ended June 4. On a year-over-year basis, Adobe earnings rose 24% while sales climbed 23%.</p>\n<p>For the current quarter, Adobe expects to earn an adjusted $3 a share, up 17%, on sales of $3.88 billion, up 20%.</p>\n<h2>ADBE Stock Rises After Earnings Report</h2>\n<p>In morning trading on the stock market today, ADBE stock advanced 2.2%, near 563.35. Earlier in the session, ADBE stock notched a record high 570.</p>\n<p>\"All three of our businesses — Creative Cloud, Document Cloud and <a href=\"https://laohu8.com/S/EXP.AU\">Experience</a> Cloud — just killed it this quarter with excellent performance,\" Chief Financial Officer John Murphy told Investor's Business Daily. \"Content creation and customer experience engagement in personalized ways are resonating across all of our businesses. And it's really driving the momentum and acceleration in the business.\"</p>\n<p>That momentum will continue in the company's seasonally weaker fiscal third quarter, Murphy said. The current quarter includes the summer months of June, July and August.</p>\n<p>\"The macroeconomic stability is giving a lot of enterprises confidence to invest again,\" Murphy said. \"Companies are prioritizing digital transformation.\"</p>\n<p>The reopening of the economy and return to offices after the pandemic should provide a tailwind for Adobe's business, he said.</p>\n<h2>Analysts Raise Price Targets On Adobe Stock</h2>\n<p>At least 15 Wall Street analysts raised their price targets on ADBE stock after the earnings report.</p>\n<p>Mizuho Securities analyst Gregg Moskowitz reiterated his buy rating on ADBE stock and upped his price target to 640 from 600.</p>\n<p>\"Adobe's expansive portfolio of software solutions has made it the gold standard in content creation, consumption, and collaboration,\" Moskowitz said in a note to clients. \"Adobe is very well positioned to benefit from digital transformation with its comprehensive end-to-end offering that differentiates it from competitors.\"</p>\n<p>On June 11, ADBE stock broke out of a 40-week&nbsp;consolidation period&nbsp;at a&nbsp;buy point&nbsp;of 536.98, according to&nbsp;IBD MarketSmith charts.</p>\n<p>However, IBD Leaderboard analysis offered investors an earlier buy point of 525.54 from a cup base within the larger consolidation pattern.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ADBE":"Adobe"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144774740","content_text":"Software giant Adobe is benefiting as the economy reopens as the Covid-19 pandemic wanes, a senior executive says. The company's beat-and-raise quarterly report provided proof of that. ADBE stock jumped on Friday.\nThe maker of digital media and marketing software late Thursday reported fiscal second-quarter earnings that easily topped expectations. Adobe also guided above views for the current quarter.\nThe San Jose, Calif.-based company earned an adjusted $3.03 a share on sales of $3.84 billion in the quarter ended June 4. On a year-over-year basis, Adobe earnings rose 24% while sales climbed 23%.\nFor the current quarter, Adobe expects to earn an adjusted $3 a share, up 17%, on sales of $3.88 billion, up 20%.\nADBE Stock Rises After Earnings Report\nIn morning trading on the stock market today, ADBE stock advanced 2.2%, near 563.35. Earlier in the session, ADBE stock notched a record high 570.\n\"All three of our businesses — Creative Cloud, Document Cloud and Experience Cloud — just killed it this quarter with excellent performance,\" Chief Financial Officer John Murphy told Investor's Business Daily. \"Content creation and customer experience engagement in personalized ways are resonating across all of our businesses. And it's really driving the momentum and acceleration in the business.\"\nThat momentum will continue in the company's seasonally weaker fiscal third quarter, Murphy said. The current quarter includes the summer months of June, July and August.\n\"The macroeconomic stability is giving a lot of enterprises confidence to invest again,\" Murphy said. \"Companies are prioritizing digital transformation.\"\nThe reopening of the economy and return to offices after the pandemic should provide a tailwind for Adobe's business, he said.\nAnalysts Raise Price Targets On Adobe Stock\nAt least 15 Wall Street analysts raised their price targets on ADBE stock after the earnings report.\nMizuho Securities analyst Gregg Moskowitz reiterated his buy rating on ADBE stock and upped his price target to 640 from 600.\n\"Adobe's expansive portfolio of software solutions has made it the gold standard in content creation, consumption, and collaboration,\" Moskowitz said in a note to clients. \"Adobe is very well positioned to benefit from digital transformation with its comprehensive end-to-end offering that differentiates it from competitors.\"\nOn June 11, ADBE stock broke out of a 40-week consolidation period at a buy point of 536.98, according to IBD MarketSmith charts.\nHowever, IBD Leaderboard analysis offered investors an earlier buy point of 525.54 from a cup base within the larger consolidation pattern.","news_type":1},"isVote":1,"tweetType":1,"viewCount":76,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":899663298,"gmtCreate":1628178743614,"gmtModify":1633752858584,"author":{"id":"3584660223518204","authorId":"3584660223518204","name":"AndyCHLim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584660223518204","authorIdStr":"3584660223518204"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/899663298","repostId":"1177628375","repostType":4,"repost":{"id":"1177628375","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1628175372,"share":"https://www.laohu8.com/m/news/1177628375?lang=&edition=full","pubTime":"2021-08-05 22:56","market":"us","language":"zh","title":"“北美支付宝”Square持续拉升，创历史新高","url":"https://stock-news.laohu8.com/highlight/detail?id=1177628375","media":"老虎资讯综合","summary":"周四，美国移动支付企业Square开盘后持续走高，截至发稿涨超6%，创历史新高。\n\n公司近日提前公开二季度财报。总净收入增长超过 143%，毛利润同比增长91%达到11.4亿美元，总交易支付额（GPV","content":"<p>周四，美国移动支付企业<a href=\"https://laohu8.com/S/SQ\">Square</a>开盘后持续走高，截至发稿涨超6%，创历史新高。</p>\n<p><img src=\"https://static.tigerbbs.com/8616749dc4d59b9cf8728aeaf1cc3b42\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p>\n<p>公司近日提前公开二季度财报。总净收入增长超过 143%，毛利润同比增长91%达到11.4亿美元，总交易支付额（GPV）增长88%达到428亿美元。包括比特币在内的总营收为46.8亿美元，其中比特币一项收入达到27.2亿美元。</p>\n<p>此外，Square还宣布以290亿美元的价格收购澳洲金融支付公司Afterpay。这是迄今为止Square最大的一笔收购，不仅为自己扩大了消费者市场，对Afterpay继续开拓美国市场无疑也是个好机会。</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>“北美支付宝”Square持续拉升，创历史新高</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\">\n“北美支付宝”Square持续拉升，创历史新高\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time\">2021-08-05 22:56</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>周四，美国移动支付企业<a href=\"https://laohu8.com/S/SQ\">Square</a>开盘后持续走高，截至发稿涨超6%，创历史新高。</p>\n<p><img src=\"https://static.tigerbbs.com/8616749dc4d59b9cf8728aeaf1cc3b42\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p>\n<p>公司近日提前公开二季度财报。总净收入增长超过 143%，毛利润同比增长91%达到11.4亿美元，总交易支付额（GPV）增长88%达到428亿美元。包括比特币在内的总营收为46.8亿美元，其中比特币一项收入达到27.2亿美元。</p>\n<p>此外，Square还宣布以290亿美元的价格收购澳洲金融支付公司Afterpay。这是迄今为止Square最大的一笔收购，不仅为自己扩大了消费者市场，对Afterpay继续开拓美国市场无疑也是个好机会。</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/7c35001aff2d0c88ed509c6e83cf2e54","relate_stocks":{"SQ":"Block"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1177628375","content_text":"周四，美国移动支付企业Square开盘后持续走高，截至发稿涨超6%，创历史新高。\n\n公司近日提前公开二季度财报。总净收入增长超过 143%，毛利润同比增长91%达到11.4亿美元，总交易支付额（GPV）增长88%达到428亿美元。包括比特币在内的总营收为46.8亿美元，其中比特币一项收入达到27.2亿美元。\n此外，Square还宣布以290亿美元的价格收购澳洲金融支付公司Afterpay。这是迄今为止Square最大的一笔收购，不仅为自己扩大了消费者市场，对Afterpay继续开拓美国市场无疑也是个好机会。","news_type":1},"isVote":1,"tweetType":1,"viewCount":366,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":821761282,"gmtCreate":1633792281270,"gmtModify":1633792281270,"author":{"id":"3584660223518204","authorId":"3584660223518204","name":"AndyCHLim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584660223518204","authorIdStr":"3584660223518204"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/821761282","repostId":"2174892254","repostType":4,"repost":{"id":"2174892254","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1633762920,"share":"https://www.laohu8.com/m/news/2174892254?lang=&edition=full","pubTime":"2021-10-09 15:02","market":"hk","language":"en","title":"China's Zijin Mining to acquire Neo Lithium in $737 mln deal","url":"https://stock-news.laohu8.com/highlight/detail?id=2174892254","media":"Reuters","summary":"Oct 8 (Reuters) - China's Zijin Mining Group Co Ltd will buy Canada's Neo Lithium Corp for C$918.7 m","content":"<p>Oct 8 (Reuters) - China's Zijin Mining Group Co Ltd&nbsp;will buy Canada's Neo Lithium Corp&nbsp;for C$918.7 million ($737.14 million)the companies said on Friday.</p>\n<p>Zijin has agreed to buy Argentina-focused lithium company, Neo Lithium at a price of C$6.50 per share in cash, the companies said in a joint statement.</p>\n<p>The offer represents a premium of over 18% to Neo Lithium's last close of C$5.49 on Friday.</p>\n<p>Neo Lithium said that the deal has been unanimously approved by the board.</p>\n<p>In August, Chinese gold and copper miner Zijin said its plan on lithium and other new energy minerals were in a preliminary strategic planning stage with no detailed time frame or specific projects yet.</p>\n<p>The deal comes after Chinese battery maker Contemporary Amperex Technology Co Ltd <a href=\"https://laohu8.com/S/CATL.UK\">$(CATL.UK)$</a> last month agreed to acquire Canada's Millennial Lithium Corp in all stock cash deal worth C$376.8 million ($302.33 million).</p>\n<p>Last year, CATL also purchased more than 10 million shares of Neo Lithium Corp and became the company's third largest shareholder.</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>China's Zijin Mining to acquire Neo Lithium in $737 mln deal</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{ 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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\">\nChina's Zijin Mining to acquire Neo Lithium in $737 mln deal\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-10-09 15:02</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Oct 8 (Reuters) - China's Zijin Mining Group Co Ltd&nbsp;will buy Canada's Neo Lithium Corp&nbsp;for C$918.7 million ($737.14 million)the companies said on Friday.</p>\n<p>Zijin has agreed to buy Argentina-focused lithium company, Neo Lithium at a price of C$6.50 per share in cash, the companies said in a joint statement.</p>\n<p>The offer represents a premium of over 18% to Neo Lithium's last close of C$5.49 on Friday.</p>\n<p>Neo Lithium said that the deal has been unanimously approved by the board.</p>\n<p>In August, Chinese gold and copper miner Zijin said its plan on lithium and other new energy minerals were in a preliminary strategic planning stage with no detailed time frame or specific projects yet.</p>\n<p>The deal comes after Chinese battery maker Contemporary Amperex Technology Co Ltd <a href=\"https://laohu8.com/S/CATL.UK\">$(CATL.UK)$</a> last month agreed to acquire Canada's Millennial Lithium Corp in all stock cash deal worth C$376.8 million ($302.33 million).</p>\n<p>Last year, CATL also purchased more than 10 million shares of Neo Lithium Corp and became the company's third largest shareholder.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"02899":"紫金矿业","NTTHF":"Neo Lithium Corp."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2174892254","content_text":"Oct 8 (Reuters) - China's Zijin Mining Group Co Ltd will buy Canada's Neo Lithium Corp for C$918.7 million ($737.14 million)the companies said on Friday.\nZijin has agreed to buy Argentina-focused lithium company, Neo Lithium at a price of C$6.50 per share in cash, the companies said in a joint statement.\nThe offer represents a premium of over 18% to Neo Lithium's last close of C$5.49 on Friday.\nNeo Lithium said that the deal has been unanimously approved by the board.\nIn August, Chinese gold and copper miner Zijin said its plan on lithium and other new energy minerals were in a preliminary strategic planning stage with no detailed time frame or specific projects yet.\nThe deal comes after Chinese battery maker Contemporary Amperex Technology Co Ltd $(CATL.UK)$ last month agreed to acquire Canada's Millennial Lithium Corp in all stock cash deal worth C$376.8 million ($302.33 million).\nLast year, CATL also purchased more than 10 million shares of Neo Lithium Corp and became the company's third largest shareholder.","news_type":1},"isVote":1,"tweetType":1,"viewCount":762,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":824283599,"gmtCreate":1634315429053,"gmtModify":1634315429183,"author":{"id":"3584660223518204","authorId":"3584660223518204","name":"AndyCHLim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584660223518204","authorIdStr":"3584660223518204"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/824283599","repostId":"1132582737","repostType":4,"repost":{"id":"1132582737","kind":"news","pubTimestamp":1634311475,"share":"https://www.laohu8.com/m/news/1132582737?lang=&edition=full","pubTime":"2021-10-15 23:24","market":"us","language":"en","title":"JPMorgan On Amazon Stock: 29% Upside Potential","url":"https://stock-news.laohu8.com/highlight/detail?id=1132582737","media":"TheStreet","summary":"Amazon stock has fallen victim of its own success: shares of the e-commerce giant have lagged the S&","content":"<p>Amazon stock has fallen victim of its own success: shares of the e-commerce giant have lagged the S&amp;P 500 since its disappointing Q2 earnings day. But JPMorgan is optimistic and sees upside ahead.</p>\n<p>Since the release of Amazon’s most recent earnings report, investors have watched shares of the cloud and e-commerce giant tank by 11%. Amazon stock&nbsp;underperformed an already weak S&amp;P 500 by three percentage points over the period, leaving some to question: is AMZN still a good investment?</p>\n<p>According to experts at JPMorgan (JPM), the answer is yes. Today, the Amazon Maven presents the main reasons why five-star&nbsp;rated&nbsp;analyst Doug Anmuth believes that Amazon stock is about to surge, producing an estimated 29% in gains through 2022.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8c8e5f4ca5aa3dba7bef61858521bd17\" tg-width=\"1240\" tg-height=\"827\" width=\"100%\" height=\"auto\"><span>Figure 1: J.P. Morgan offices in Hong Kong.</span></p>\n<p><b>Getting back on track</b></p>\n<p>As the&nbsp;Amazon Maven mentioned&nbsp;recently, the impact of the pandemic on shopping habits led analysts to overestimate Amazon’s revenues for the current year. This is the very first reason why JPMorgan&nbsp;believes&nbsp;that AMZN will get a green light to climb again: “[the stock is heading] closer to the last quarter of difficult COVID-19 comps in the first quarter of 2022\", which should help to reset sentiment.</p>\n<p>Once 2020 results are left in the rearview mirror, the e-commerce company will face more realistic, non-pandemic-inflated projections. As mentioned by Mr. Anmuth himself, \"further downward revisions to 2022 profit estimates would help lower the bar and potentially create more of a clearing event”.</p>\n<p><b>Holiday upside</b></p>\n<p>Another reason why Mr. Anmuth believes Amazon stock will head higher is the beginning of the holiday season. Since the market has been so cautious towards AMZN lately, the stock has been trading at lower multiples than would otherwise be considered reasonable. The holidays, on the other hand, could be the bullish catalyst that investors need to own the stock again.</p>\n<p>Lastly, there is the potential for an increase in Prime subscription price in 2022. Considering an estimated 150 million US Prime members in 2021, a $20 dollar hike in annual fee would lead to an extra $3 billion heading towards Amazon’s coffers.</p>\n<p>At first glance, the figure may not seem like much, given Amazon’s revenues of $380 billion in 2020. However, keep in mind that nearly all the price increase would flow cleanly into Amazon’s operating income. On a 2020 basis, this would represent growth of nearly 15% in pre-tax profits.</p>\n<p><b>What do other experts say?</b></p>\n<p>Other reports published recently also support the bullish thesis. Mark Mahaney from Evercore ISI&nbsp;talked&nbsp;to 15 industry experts, including former Amazon employees, during the research firm’s Amazon Day Symposium. The analyst liked what he saw and issued a hefty $4,700 target price.</p>\n<p>Wolfe Research’s Deepak Mathivanan, on the other hand,lowered&nbsp;his price target on AMZN modestly to $3,850 from $3,900, despite maintaining an outperform rating. Sitting closer to the consensus price target is Goldman Sachs’ Eric Sheridan, who is bullish and&nbsp;believes&nbsp;that AMZN shares are worth $4,250.</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>JPMorgan On Amazon Stock: 29% Upside Potential</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\">\nJPMorgan On Amazon Stock: 29% Upside Potential\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-15 23:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/amazon/news/jpmorgan-on-amazon-stock-29-upside-potential><strong>TheStreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Amazon stock has fallen victim of its own success: shares of the e-commerce giant have lagged the S&P 500 since its disappointing Q2 earnings day. But JPMorgan is optimistic and sees upside ahead.\n...</p>\n\n<a href=\"https://www.thestreet.com/amazon/news/jpmorgan-on-amazon-stock-29-upside-potential\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://www.thestreet.com/amazon/news/jpmorgan-on-amazon-stock-29-upside-potential","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1132582737","content_text":"Amazon stock has fallen victim of its own success: shares of the e-commerce giant have lagged the S&P 500 since its disappointing Q2 earnings day. But JPMorgan is optimistic and sees upside ahead.\nSince the release of Amazon’s most recent earnings report, investors have watched shares of the cloud and e-commerce giant tank by 11%. Amazon stock underperformed an already weak S&P 500 by three percentage points over the period, leaving some to question: is AMZN still a good investment?\nAccording to experts at JPMorgan (JPM), the answer is yes. Today, the Amazon Maven presents the main reasons why five-star rated analyst Doug Anmuth believes that Amazon stock is about to surge, producing an estimated 29% in gains through 2022.\nFigure 1: J.P. Morgan offices in Hong Kong.\nGetting back on track\nAs the Amazon Maven mentioned recently, the impact of the pandemic on shopping habits led analysts to overestimate Amazon’s revenues for the current year. This is the very first reason why JPMorgan believes that AMZN will get a green light to climb again: “[the stock is heading] closer to the last quarter of difficult COVID-19 comps in the first quarter of 2022\", which should help to reset sentiment.\nOnce 2020 results are left in the rearview mirror, the e-commerce company will face more realistic, non-pandemic-inflated projections. As mentioned by Mr. Anmuth himself, \"further downward revisions to 2022 profit estimates would help lower the bar and potentially create more of a clearing event”.\nHoliday upside\nAnother reason why Mr. Anmuth believes Amazon stock will head higher is the beginning of the holiday season. Since the market has been so cautious towards AMZN lately, the stock has been trading at lower multiples than would otherwise be considered reasonable. The holidays, on the other hand, could be the bullish catalyst that investors need to own the stock again.\nLastly, there is the potential for an increase in Prime subscription price in 2022. Considering an estimated 150 million US Prime members in 2021, a $20 dollar hike in annual fee would lead to an extra $3 billion heading towards Amazon’s coffers.\nAt first glance, the figure may not seem like much, given Amazon’s revenues of $380 billion in 2020. However, keep in mind that nearly all the price increase would flow cleanly into Amazon’s operating income. On a 2020 basis, this would represent growth of nearly 15% in pre-tax profits.\nWhat do other experts say?\nOther reports published recently also support the bullish thesis. Mark Mahaney from Evercore ISI talked to 15 industry experts, including former Amazon employees, during the research firm’s Amazon Day Symposium. The analyst liked what he saw and issued a hefty $4,700 target price.\nWolfe Research’s Deepak Mathivanan, on the other hand,lowered his price target on AMZN modestly to $3,850 from $3,900, despite maintaining an outperform rating. Sitting closer to the consensus price target is Goldman Sachs’ Eric Sheridan, who is bullish and believes that AMZN shares are worth $4,250.","news_type":1},"isVote":1,"tweetType":1,"viewCount":979,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":816237925,"gmtCreate":1630503340567,"gmtModify":1632476074582,"author":{"id":"3584660223518204","authorId":"3584660223518204","name":"AndyCHLim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584660223518204","authorIdStr":"3584660223518204"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/816237925","repostId":"1127232048","repostType":4,"isVote":1,"tweetType":1,"viewCount":235,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167281640,"gmtCreate":1624270734680,"gmtModify":1634008630190,"author":{"id":"3584660223518204","authorId":"3584660223518204","name":"AndyCHLim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584660223518204","authorIdStr":"3584660223518204"},"themes":[],"htmlText":"Like.....","listText":"Like.....","text":"Like.....","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/167281640","repostId":"1136994311","repostType":4,"repost":{"id":"1136994311","kind":"news","pubTimestamp":1624267966,"share":"https://www.laohu8.com/m/news/1136994311?lang=&edition=full","pubTime":"2021-06-21 17:32","market":"us","language":"en","title":"Why Biogen Isn't a Buy After Its Alzheimer's Drug Approval","url":"https://stock-news.laohu8.com/highlight/detail?id=1136994311","media":"Motley Fool","summary":"Here's one longtime healthcare expert's perspective.\n\nBiogen(NASDAQ:BIIB)has been a huge winner for ","content":"<blockquote>\n Here's one longtime healthcare expert's perspective.\n</blockquote>\n<p><b>Biogen</b>(NASDAQ:BIIB)has been a huge winner for investors who owned the stock in anticipation of U.S. Food and Drug Administration (FDA) approval of its Alzheimer's disease drug, Aduhelm.&nbsp;In this<i>Motley Fool Live</i>video<b>recorded on June 9</b>, Motley Fool contributors Keith Speights and Brian Orelli discuss one reason why Biogen isn't a buy after its key FDA victory.</p>\n<p><b>Keith Speights:</b>Let's segue then to the obvious question here. The question that a lot of investors are asking now is, \"Should I buy Biogen&nbsp;stock after this big FDA approval for its Alzheimer's disease drug?\" Brian, what should investors be factoring in to their decision making process right now? What's your take on whether or not Biogen is a buy right now?</p>\n<p><b>Brian Orelli:</b>From a valuation standpoint, it's easy to look at historical data and see where they've been trading. I tend to look at price-to-sales just because drug companies, if you use the earnings, it's a little more difficult because they have a lot of one-time events and acquisitions and things like that and licensing deals that throw off their GAAP earnings. Then if you're looking at historical earnings, they usually don't back those out, so I use price-to-sales as a metric.</p>\n<p>Biogen is trading at least after Monday's, after Monday's jump, it was at 4.9 price-to-sales ratio. Last time it traded at that level was in the 2018, 2019 time frame, and at that point, revenue was hovering around 10% growth.</p>\n<p>To justify this price-to-sales ratio, you have to expect that sales are going to grow by 10% per year. Revenue was $13.45 billion in 2020. You need to get to $14.8 billion to get to that 10% growth. Guidance for next year is for it to drop to $10.45 billion to $10.75 billion, and they had already factored in modest revenue from Aduhelm in 2021.</p>\n<p>At the high end, Biogen needs $4 billion in sales to justify the current valuation. Four billion would be completely reasonable for an Alzheimer's disease drug, and $10 billion would probably be reasonable, but that would be a drug that actually helps patients. As we've said, there's not enough data to know whether Aduhelm actually helps patients.</p>\n<p>Medicare, they've got the drug approved so that's good, but they need to get the doctors to prescribe it, and they need to get insurers to cover it. Medicare will probably cover it, but it's an infused product and that means it's covered under Medicare Part B, B as in boy, not D as in drugs. That comes with a 20% copay after reaching the deductible. We're talking about $10,000 for the patients they're going to have to pay on the drug. That's going to really limit sales.</p>\n<p>If you want to look at it at a different way, if you assume the valuation already factors in the fall to around $10.5 billion and then you are looking for 10% growth from there, now you only need $1 billion or so in sales to justify that growth. Maybe that seems a little more doable, but then that assumes that the revenue from the multiple sclerosis drugs, Tecfidera and Rituxan, that are causing the drop this year, and that you have to assume that's going to just stop.</p>\n<p>I don't think that's going to stop, so that means either they're going to generate more than $1 billion to justify 10% growth from 2021-2022. Very long story short, I have a hard time seeing the value of investing at this level.</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 Biogen Isn't a Buy After Its Alzheimer's Drug Approval</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 Biogen Isn't a Buy After Its Alzheimer's Drug Approval\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-21 17:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/06/20/why-biogen-isnt-a-buy-after-its-alzheimers-drug-ap/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Here's one longtime healthcare expert's perspective.\n\nBiogen(NASDAQ:BIIB)has been a huge winner for investors who owned the stock in anticipation of U.S. Food and Drug Administration (FDA) approval of...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/20/why-biogen-isnt-a-buy-after-its-alzheimers-drug-ap/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BIIB":"渤健公司"},"source_url":"https://www.fool.com/investing/2021/06/20/why-biogen-isnt-a-buy-after-its-alzheimers-drug-ap/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1136994311","content_text":"Here's one longtime healthcare expert's perspective.\n\nBiogen(NASDAQ:BIIB)has been a huge winner for investors who owned the stock in anticipation of U.S. Food and Drug Administration (FDA) approval of its Alzheimer's disease drug, Aduhelm. In thisMotley Fool Livevideorecorded on June 9, Motley Fool contributors Keith Speights and Brian Orelli discuss one reason why Biogen isn't a buy after its key FDA victory.\nKeith Speights:Let's segue then to the obvious question here. The question that a lot of investors are asking now is, \"Should I buy Biogen stock after this big FDA approval for its Alzheimer's disease drug?\" Brian, what should investors be factoring in to their decision making process right now? What's your take on whether or not Biogen is a buy right now?\nBrian Orelli:From a valuation standpoint, it's easy to look at historical data and see where they've been trading. I tend to look at price-to-sales just because drug companies, if you use the earnings, it's a little more difficult because they have a lot of one-time events and acquisitions and things like that and licensing deals that throw off their GAAP earnings. Then if you're looking at historical earnings, they usually don't back those out, so I use price-to-sales as a metric.\nBiogen is trading at least after Monday's, after Monday's jump, it was at 4.9 price-to-sales ratio. Last time it traded at that level was in the 2018, 2019 time frame, and at that point, revenue was hovering around 10% growth.\nTo justify this price-to-sales ratio, you have to expect that sales are going to grow by 10% per year. Revenue was $13.45 billion in 2020. You need to get to $14.8 billion to get to that 10% growth. Guidance for next year is for it to drop to $10.45 billion to $10.75 billion, and they had already factored in modest revenue from Aduhelm in 2021.\nAt the high end, Biogen needs $4 billion in sales to justify the current valuation. Four billion would be completely reasonable for an Alzheimer's disease drug, and $10 billion would probably be reasonable, but that would be a drug that actually helps patients. As we've said, there's not enough data to know whether Aduhelm actually helps patients.\nMedicare, they've got the drug approved so that's good, but they need to get the doctors to prescribe it, and they need to get insurers to cover it. Medicare will probably cover it, but it's an infused product and that means it's covered under Medicare Part B, B as in boy, not D as in drugs. That comes with a 20% copay after reaching the deductible. We're talking about $10,000 for the patients they're going to have to pay on the drug. That's going to really limit sales.\nIf you want to look at it at a different way, if you assume the valuation already factors in the fall to around $10.5 billion and then you are looking for 10% growth from there, now you only need $1 billion or so in sales to justify that growth. Maybe that seems a little more doable, but then that assumes that the revenue from the multiple sclerosis drugs, Tecfidera and Rituxan, that are causing the drop this year, and that you have to assume that's going to just stop.\nI don't think that's going to stop, so that means either they're going to generate more than $1 billion to justify 10% growth from 2021-2022. Very long story short, I have a hard time seeing the value of investing at this level.","news_type":1},"isVote":1,"tweetType":1,"viewCount":58,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":842381068,"gmtCreate":1636133916145,"gmtModify":1636133916315,"author":{"id":"3584660223518204","authorId":"3584660223518204","name":"AndyCHLim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584660223518204","authorIdStr":"3584660223518204"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/842381068","repostId":"1156595517","repostType":4,"repost":{"id":"1156595517","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1636124945,"share":"https://www.laohu8.com/m/news/1156595517?lang=&edition=full","pubTime":"2021-11-05 23:09","market":"us","language":"en","title":"Semiconductor stocks climbed in morning trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1156595517","media":"Tiger Newspress","summary":"Semiconductor stocks climbed in morning trading.Qualcomm,Nvidia,Intel,NXP Semiconductors NV,Broadcom","content":"<p>Semiconductor stocks climbed in morning trading.Qualcomm,Nvidia,Intel,NXP&nbsp;Semiconductors&nbsp;NV,Broadcom,Micron&nbsp;and&nbsp;AMD&nbsp;rose&nbsp;between 1% and 5%.</p>\n<p><img src=\"https://static.tigerbbs.com/a5432c07e2189854dcd840a054166ac3\" tg-width=\"409\" tg-height=\"418\" referrerpolicy=\"no-referrer\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Semiconductor stocks climbed in morning trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSemiconductor stocks climbed in morning trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-11-05 23:09</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Semiconductor stocks climbed in morning trading.Qualcomm,Nvidia,Intel,NXP&nbsp;Semiconductors&nbsp;NV,Broadcom,Micron&nbsp;and&nbsp;AMD&nbsp;rose&nbsp;between 1% and 5%.</p>\n<p><img src=\"https://static.tigerbbs.com/a5432c07e2189854dcd840a054166ac3\" tg-width=\"409\" tg-height=\"418\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达","AVGO":"博通","AMD":"美国超微公司","QCOM":"高通","INTC":"英特尔","MICR":"Micron Solutions, Inc.","NXPI":"恩智浦"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1156595517","content_text":"Semiconductor stocks climbed in morning trading.Qualcomm,Nvidia,Intel,NXP Semiconductors NV,Broadcom,Micron and AMD rose between 1% and 5%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":813,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":152332998,"gmtCreate":1625269478114,"gmtModify":1633941994897,"author":{"id":"3584660223518204","authorId":"3584660223518204","name":"AndyCHLim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584660223518204","authorIdStr":"3584660223518204"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/152332998","repostId":"2148809464","repostType":4,"repost":{"id":"2148809464","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":1625256600,"share":"https://www.laohu8.com/m/news/2148809464?lang=&edition=full","pubTime":"2021-07-03 04:10","market":"us","language":"en","title":"Inflation has 'really rung' an alarm for equities forecast, Acadian portfolio manager says","url":"https://stock-news.laohu8.com/highlight/detail?id=2148809464","media":"Dow Jones","summary":"'The market is used to the Fed coming to the rescue whenever there is any sign of trouble,' says an ","content":"<p>'The market is used to the Fed coming to the rescue whenever there is any sign of trouble,' says an Acadian portfolio manager.</p>\n<p>Inflationary pressures are bearing down on Acadian Asset Management's forecast for the stock market as part of its multi-asset outlook.</p>\n<p>\"In equities, the combination of inflation inputs that we have, it has really rung kind of an alarm,\" said Clifton Hill, global macro portfolio manager at Acadian, in an interview Thursday. \"If growth starts to falter and inflation stays sticky,\" he said the firm's forecast for equities over the third quarter from a multi-asset perspective will \"probably turn negative.\"</p>\n<p>Acadian invests systematically based on a short-term outlook that extends about three months, according to Hill, who joined the Boston-based quantitative firm in 2018. Hill said he previously worked at hedge fund firm Torrey Pointe Capital, which converted to a family office, and at Paul Tudor Jones's Tudor Investment Corp.</p>\n<p>While strong economic growth still supports Acadian's positive outlook for stocks globally, Hill's expectation for inflation to remain elevated over the next three months creates \"a big headwind.\" Even just a hint from the Federal Reserve at its June policy meeting that it was becoming more hawkish due to inflation led to an initial decline in the stock market, he said.</p>\n<p>The market will price in higher yields if the Fed waits to get ahead of inflation, according to Hill. A forecast from Fed officials at last month's policy meeting showed the potential for two interest rate hikes in 2023 , from near zero rates.</p>\n<p>U.S. stocks meanwhile have resumed their climb to record highs following their initial move down the week of the Fed's meeting. In Thursday afternoon trading, the S&amp;P 500 index was once again pushing toward another fresh peak .</p>\n<p>Hill, who early in his financial career worked at the Federal Reserve Bank of New York, said that \"bubble concerns in the market \" raise a longer-term question about where prices of risky assets should be if inflation proves persistent and the Fed has to \"go on a hiking cycle.\"</p>\n<p>While that's not \"specifically picked up\" in Acadian's investing process on a short-term basis, \"it's something that definitely worries me\" as a portfolio manager as assets could \"really reprice quite quickly,\" he said.</p>\n<p>Meanwhile, the central bank has been \"super supportive\" of risky assets, something the market refers to as \"the Fed put,\" according to Hill. \"The market is used to the Fed coming to the rescue whenever there is any sign of trouble,\" increasing risk taking, he said.</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>Inflation has 'really rung' an alarm for equities forecast, Acadian portfolio manager 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; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nInflation has 'really rung' an alarm for equities forecast, Acadian portfolio manager 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\">2021-07-03 04:10</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>'The market is used to the Fed coming to the rescue whenever there is any sign of trouble,' says an Acadian portfolio manager.</p>\n<p>Inflationary pressures are bearing down on Acadian Asset Management's forecast for the stock market as part of its multi-asset outlook.</p>\n<p>\"In equities, the combination of inflation inputs that we have, it has really rung kind of an alarm,\" said Clifton Hill, global macro portfolio manager at Acadian, in an interview Thursday. \"If growth starts to falter and inflation stays sticky,\" he said the firm's forecast for equities over the third quarter from a multi-asset perspective will \"probably turn negative.\"</p>\n<p>Acadian invests systematically based on a short-term outlook that extends about three months, according to Hill, who joined the Boston-based quantitative firm in 2018. Hill said he previously worked at hedge fund firm Torrey Pointe Capital, which converted to a family office, and at Paul Tudor Jones's Tudor Investment Corp.</p>\n<p>While strong economic growth still supports Acadian's positive outlook for stocks globally, Hill's expectation for inflation to remain elevated over the next three months creates \"a big headwind.\" Even just a hint from the Federal Reserve at its June policy meeting that it was becoming more hawkish due to inflation led to an initial decline in the stock market, he said.</p>\n<p>The market will price in higher yields if the Fed waits to get ahead of inflation, according to Hill. A forecast from Fed officials at last month's policy meeting showed the potential for two interest rate hikes in 2023 , from near zero rates.</p>\n<p>U.S. stocks meanwhile have resumed their climb to record highs following their initial move down the week of the Fed's meeting. In Thursday afternoon trading, the S&amp;P 500 index was once again pushing toward another fresh peak .</p>\n<p>Hill, who early in his financial career worked at the Federal Reserve Bank of New York, said that \"bubble concerns in the market \" raise a longer-term question about where prices of risky assets should be if inflation proves persistent and the Fed has to \"go on a hiking cycle.\"</p>\n<p>While that's not \"specifically picked up\" in Acadian's investing process on a short-term basis, \"it's something that definitely worries me\" as a portfolio manager as assets could \"really reprice quite quickly,\" he said.</p>\n<p>Meanwhile, the central bank has been \"super supportive\" of risky assets, something the market refers to as \"the Fed put,\" according to Hill. \"The market is used to the Fed coming to the rescue whenever there is any sign of trouble,\" increasing risk taking, he said.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index","SPY":"标普500ETF",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2148809464","content_text":"'The market is used to the Fed coming to the rescue whenever there is any sign of trouble,' says an Acadian portfolio manager.\nInflationary pressures are bearing down on Acadian Asset Management's forecast for the stock market as part of its multi-asset outlook.\n\"In equities, the combination of inflation inputs that we have, it has really rung kind of an alarm,\" said Clifton Hill, global macro portfolio manager at Acadian, in an interview Thursday. \"If growth starts to falter and inflation stays sticky,\" he said the firm's forecast for equities over the third quarter from a multi-asset perspective will \"probably turn negative.\"\nAcadian invests systematically based on a short-term outlook that extends about three months, according to Hill, who joined the Boston-based quantitative firm in 2018. Hill said he previously worked at hedge fund firm Torrey Pointe Capital, which converted to a family office, and at Paul Tudor Jones's Tudor Investment Corp.\nWhile strong economic growth still supports Acadian's positive outlook for stocks globally, Hill's expectation for inflation to remain elevated over the next three months creates \"a big headwind.\" Even just a hint from the Federal Reserve at its June policy meeting that it was becoming more hawkish due to inflation led to an initial decline in the stock market, he said.\nThe market will price in higher yields if the Fed waits to get ahead of inflation, according to Hill. A forecast from Fed officials at last month's policy meeting showed the potential for two interest rate hikes in 2023 , from near zero rates.\nU.S. stocks meanwhile have resumed their climb to record highs following their initial move down the week of the Fed's meeting. In Thursday afternoon trading, the S&P 500 index was once again pushing toward another fresh peak .\nHill, who early in his financial career worked at the Federal Reserve Bank of New York, said that \"bubble concerns in the market \" raise a longer-term question about where prices of risky assets should be if inflation proves persistent and the Fed has to \"go on a hiking cycle.\"\nWhile that's not \"specifically picked up\" in Acadian's investing process on a short-term basis, \"it's something that definitely worries me\" as a portfolio manager as assets could \"really reprice quite quickly,\" he said.\nMeanwhile, the central bank has been \"super supportive\" of risky assets, something the market refers to as \"the Fed put,\" according to Hill. \"The market is used to the Fed coming to the rescue whenever there is any sign of trouble,\" increasing risk taking, he said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":291,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":691090238,"gmtCreate":1640094215920,"gmtModify":1640094216012,"author":{"id":"3584660223518204","authorId":"3584660223518204","name":"AndyCHLim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584660223518204","authorIdStr":"3584660223518204"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/691090238","repostId":"1155803366","repostType":4,"isVote":1,"tweetType":1,"viewCount":1022,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":845947446,"gmtCreate":1636272686021,"gmtModify":1636272686156,"author":{"id":"3584660223518204","authorId":"3584660223518204","name":"AndyCHLim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584660223518204","authorIdStr":"3584660223518204"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/845947446","repostId":"2181740934","repostType":4,"repost":{"id":"2181740934","kind":"news","pubTimestamp":1636261200,"share":"https://www.laohu8.com/m/news/2181740934?lang=&edition=full","pubTime":"2021-11-07 13:00","market":"us","language":"en","title":"SolarWinds investors allege board knew about cyber risks","url":"https://stock-news.laohu8.com/highlight/detail?id=2181740934","media":"The Straits Times","summary":"NEW YORK (REUTERS) - SolarWinds investors have sued the software company's directors, alleging they ","content":"<div>\n<p>NEW YORK (REUTERS) - SolarWinds investors have sued the software company's directors, alleging they knew about and failed to monitor cyber-security risks to the company ahead of a breach that created ...</p>\n\n<a href=\"http://www.straitstimes.com/tech/tech-news/solarwinds-investors-allege-board-knew-about-cyber-risks\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SolarWinds investors allege board knew about cyber risks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSolarWinds investors allege board knew about cyber risks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-07 13:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/tech/tech-news/solarwinds-investors-allege-board-knew-about-cyber-risks><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (REUTERS) - SolarWinds investors have sued the software company's directors, alleging they knew about and failed to monitor cyber-security risks to the company ahead of a breach that created ...</p>\n\n<a href=\"http://www.straitstimes.com/tech/tech-news/solarwinds-investors-allege-board-knew-about-cyber-risks\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SWI":"SolarWinds Corp"},"source_url":"http://www.straitstimes.com/tech/tech-news/solarwinds-investors-allege-board-knew-about-cyber-risks","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2181740934","content_text":"NEW YORK (REUTERS) - SolarWinds investors have sued the software company's directors, alleging they knew about and failed to monitor cyber-security risks to the company ahead of a breach that created a vulnerability in thousands of its customers' systems.\nThe lawsuit filed in Delaware on Thursday (Nov 4) appears to be the first based on records shareholders demanded from the company after Reuters reported last December that malicious code inserted into one of the company's software updates left United States government agencies and companies exposed.\nThe lawsuit names a mix of current and former directors as defendants.\nA SolarWinds spokesman said the company does not comment on pending litigation, but noted it is focused on \"deepening\" customer relationships and \"openly discussing our Secure by Design initiatives as we look to set the standard for secure software development\".\nLed by a Missouri pension fund, the investors allege that the board failed to implement procedures to monitor cyber-security risks, such as requiring the company's management to report on those risks regularly.\nThey are seeking damages on behalf of the company and to reform the company's policies on cyber-security oversight.\nThe lawsuit is the latest fallout over the breach of SolarWinds' software, which gave hackers access to the data of thousands of companies and government offices that used its products and which US officials have attributed to Russia.\nSolarWinds has said it is cooperating with investigations into the breach by the US Securities and Exchange Commission, Department of Justice and others. The company has moved to dismiss another shareholder lawsuit seeking damages for a decline in its share price.","news_type":1},"isVote":1,"tweetType":1,"viewCount":751,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":805536317,"gmtCreate":1627890522539,"gmtModify":1633755561002,"author":{"id":"3584660223518204","authorId":"3584660223518204","name":"AndyCHLim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584660223518204","authorIdStr":"3584660223518204"},"themes":[],"htmlText":"学习","listText":"学习","text":"学习","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/805536317","repostId":"1119817854","repostType":4,"isVote":1,"tweetType":1,"viewCount":495,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":807795896,"gmtCreate":1628055720515,"gmtModify":1633753975507,"author":{"id":"3584660223518204","authorId":"3584660223518204","name":"AndyCHLim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584660223518204","authorIdStr":"3584660223518204"},"themes":[],"htmlText":"学习","listText":"学习","text":"学习","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/807795896","repostId":"2156732161","repostType":4,"repost":{"id":"2156732161","kind":"highlight","weMediaInfo":{"introduction":"民间投资共享平台——汇集投资高手，发现投资好点子。","home_visible":1,"media_name":"阿尔法工场研究院","id":"1026500124","head_image":"https://static.tigerbbs.com/4df70e92a2d64be896797ea06b5e676a"},"pubTimestamp":1628044667,"share":"https://www.laohu8.com/m/news/2156732161?lang=&edition=full","pubTime":"2021-08-04 10:37","market":"us","language":"zh","title":"巴芒组合里消失的第三人","url":"https://stock-news.laohu8.com/highlight/detail?id=2156732161","media":"阿尔法工场研究院","summary":"你有听说过Rick Guerin这位投资者吗？\n没有？\n没有就对了。\n众所周知，巴菲特和芒格是黄金二人组，他们联手创下多个传奇投资项目，打造了超级复利机器伯克希尔哈撒韦。\n但很少人知道的是，在1970","content":"<p>你有听说过Rick Guerin这位投资者吗？</p>\n<p>没有？</p>\n<p>没有就对了。</p>\n<p>众所周知，巴菲特和芒格是黄金二人组，他们联手创下多个传奇投资项目，打造了超级复利机器<a href=\"https://laohu8.com/S/BRK.A\">伯克希尔</a>哈撒韦。</p>\n<p>但很少人知道的是，在1970年代他们其实是三人组合，有一个不可或缺的第三人，在随后的岁月里“消失”了。</p>\n<p>这人消失得何其彻底，以至于没有人流传他的投资哲学、投资方法和投资记录，甚至知道他名字的读者也非常少了（不论中英文读者）。</p>\n<p>这个人就是Rick Guerin——就先译为里克·盖林吧。</p>\n<p><b>01</b></p>\n<p>里克·盖林是怎么样一个人？</p>\n<p>首先，盖林是一个超级聪明的人。</p>\n<p>里克盖林1929年出生于洛杉矶，曾在军队担任密码破译员、战斗机飞行员，退伍后进入大学，又加入<a href=\"https://laohu8.com/S/IBM\">IBM</a>工作。</p>\n<p>芒格曾公开评价称，里克·盖林是一个非常幽默、聪明的人，他曾参加海军的一场智力测试，结果他提前离场还拿到了前所未有的高分。</p>\n<p>盖林是芒格的多年好友。如果你仔细翻阅芒格的传记、《穷查理宝典》，就会发现里克·盖林这个名字时不时就会出现。</p>\n<p>一个流传的说法是，在巴菲特说服芒格放弃律师工作、成立了合伙基金后不久，芒格又说服了盖林放弃IBM的工作，开始全职管理资金。</p>\n<p>其次，盖林是一个超级投资者，还是得到巴菲特认证的那种。</p>\n<p><img src=\"https://static.tigerbbs.com/52f329e84a87441d848944c18aace666\" tg-width=\"1080\" tg-height=\"845\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>1984年，在一场纪念《证券分析》出版50周年的座谈会上，巴菲特发表了著名演讲《格雷厄姆-多德镇的超级投资者》，隆重介绍了一批超级投资者，其中就包括Rick Guerin。</p>\n<p>巴菲特的演讲原文是：</p>\n<p>“表6是查理·芒格的一个朋友的记录，他是南加州大学(USC)的数学专业学生，也是一个非商学院出身的人。毕业后，他进入IBM工作，做过一段时间的销售。在我找到查理之后，查理找到了他。他的名字是里克·盖林。</p>\n<p>从1965年到1983年，与标准普尔指数316%的复合收益相比，里克盖林的收益是22,200%，这可能是因为他缺乏商学院的教育，他可以视为具有统计上的显着性。”</p>\n<p><img src=\"https://static.tigerbbs.com/a530fa110d1b4e7cade302af9f350327\" tg-width=\"888\" tg-height=\"1218\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>19年收益222倍，费前年化收益32.9%，费后年化收益23.6%。这个业绩记录足够长期、足够强悍，本足以让Rick Guerin在投资史上留下名字。</p>\n<p>最后，盖林的投资案例至今是投资史上的典范：蓝筹印花公司、喜诗糖果、《每日日报》Daily Journal。</p>\n<p>盖林第一个发现了蓝筹印花公司的投资机会。他先是找了芒格商议，芒格想了想说，“我带你去见我的朋友，他对浮存金很了解。”——那个朋友就是巴菲特。</p>\n<p>在一通操作猛如虎后，三人组顺利地控制了蓝筹印花公司，巴菲特第一大股东，芒格是第二大股东，盖林位居第三，他们三人依次获得了蓝筹印花公司的董事席位——先是芒格，其次是盖林，最后巴菲特。</p>\n<p>从此，三人开启了浮存金投资的时期，投资项目包括喜诗糖果、威斯科金融、水牛城晚报。其中，最被人津津乐道的公司就是喜诗糖果，巴菲特、芒格和盖林三人一同参与收购谈判，一同面试了新任的喜诗糖果CEO。</p>\n<p>喜诗糖果当时的CEO哈金斯回忆称，“虽然蓝筹公司是我们名义上的老板，但真正的老板显然是沃伦、查理和里克。”</p>\n<p><b>02</b></p>\n<p>盖林为什么忽然“消失”了？</p>\n<p>故事讲完。问题来了。</p>\n<p>Rick Guerin，这么一位超级聪明、有超级业绩记录、有经典投资案例的投资者，为什么忽然在投资史上沉寂下去了？</p>\n<p>进入1980年代后，里克盖林就再也没有跟巴菲特、芒格的新合作案例，各种关于顶尖投资者的采访和文章都罕见他的名字。当年的三人组只剩下二人，发生了什么？</p>\n<p>这本来是一个无解的问题，因为消失的人很难被人注意到。</p>\n<p>但有个家伙留意到了盖林的消失，他就是印度裔的价值投资者帕伯莱。</p>\n<p><img src=\"https://static.tigerbbs.com/91b5c56db83a4cf6b00da5c8c7af81bc\" tg-width=\"650\" tg-height=\"385\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>2008年，帕伯莱和盖伊联手拍下巴菲特的午餐，在见到巴菲特后他，他抛出了这个问题——“Rick Guerin怎么了？”</p>\n<p>巴菲特没有回避这个问题，他告诉帕布莱和盖伊，盖林用保证金贷款（margin loans）来撬动他的投资，因为他 \"急于致富\"（“in a hurry to get rich”）。</p>\n<p>据巴菲特说，在1973-74年的崩盘中遭受灾难性的损失后，盖林遭到了保证金追缴。结果，他被迫出售后来价值巨大的股票（给巴菲特）。</p>\n<p>这一批被被迫卖给巴菲特的股票，就是伯克希尔哈撒韦，出售价格为每股40美元——考虑到BRK现在的股价，这确实是一个巨大的损失。</p>\n<p>相比之下，巴菲特说，他和芒格从不着急，因为他们总是知道，如果他们在几十年内不断复利，不犯太多灾难性的错误，他们就会变得非常富有。</p>\n<p>巴菲特说：\"如果你是一个稍微高于平均水平的投资者，花钱比挣钱少，在一生中，你不可能不变得非常富有。\"</p>\n<p>帕伯莱说，这个关于杠杆和不耐烦（impatience）的危险道德故事已经 \"烙印 \"在他的大脑中。仅凭这点，巴菲特的午餐就是值得的。</p>\n<p><b>03</b></p>\n<p>后记。</p>\n<p>我最近知道这个故事时，充满了好奇与震惊。这样一个优秀、聪明的投资者，本来有机会与巴菲特、芒格齐名，再不济也会是历史留名的一流投资者，居然在在历史上默默地沉寂了下去。</p>\n<p>这个故事非常生动地讲述了耐心的重要、杠杆的危害，以及完美地反驳了一个广为流传的认知误区：杠杆很危险，但高手除外。</p>\n<p>不，高手也没法例外。</p>\n<p>当然，细心的读者或许留意到，盖林的投资业绩在1970年代后期是有恢复的，整体业绩算下来还是很厉害，但那又如何呢？他被迫出售的BRK股票，已经落到巴菲特手里了，他也永远失去了成为BRK第三人的机会。</p>\n<p>此外，我在查阅相关资料的时候，偶然看到这篇文章——《NOBODY TALKS ABOUT RICK ANYMORE?》，作者是Justin Vossen，他提供了另一个思考角度。</p>\n<p>粗略地翻译下，以分享他的看法。</p>\n<p>Justin Vossen认为，“正如巴菲特在与帕伯莱谈话中所指出的那样，正是杠杆作用迫使这笔交易出售，并加剧了他的投资合伙公司的亏损。这违反了投资的一条关键原则:&nbsp;在你想卖股票时卖出，而不是你不得不卖时卖出。”（sell equities when you want to and not when you have to.）</p>\n<p>其次，盖林的基金在两年里累计下跌62%，期间标普500跌幅为37%，这样的跌幅无疑是灾难性的。虽然后来明显恢复了净值，但“许多投资者和合伙人可能也像巴菲特和芒格那样失去了信心。”</p>\n<p>Justin Vossen认为，但除了金钱上的损失，盖林更大的损失可能是失去了巴菲特和芒格的信任，“盖林在上世纪80年代淡出了人们的视线，再也没有与巴菲特或芒格合作过。”</p>\n<p>&nbsp;“盖林的长期记录结果相当惊人，但他一直默默无闻。他本可以成为传奇人物，但他的“不耐烦”让他失去登上投资界总统山的机会。”</p>\n<p>“我们生活在一个不断提倡即时满足的社会，但有时要成为一个伟大的投资者，你需要耐心和时间。正如巴菲特所指出的——“即使是一个略高于平均水平的投资者，如果花的钱比赚的钱少，在一生中只要你有耐心，你就很难不发财\"。</p>\n<p>\" He said that if you’re even a slightly above-average investor who spends less than they earn, over a lifetime, you cannot help but get rich if you are patient. ”</p>\n<p>最后，建议各位读者在考虑动用杠杆武器时，不妨回忆一下这个故事，想一想，是否真的有必要“in a hurry to get rich.”？</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\" 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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\">\n巴芒组合里消失的第三人\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1026500124\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/4df70e92a2d64be896797ea06b5e676a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">阿尔法工场研究院 </p>\n<p class=\"h-time\">2021-08-04 10:37</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>你有听说过Rick Guerin这位投资者吗？</p>\n<p>没有？</p>\n<p>没有就对了。</p>\n<p>众所周知，巴菲特和芒格是黄金二人组，他们联手创下多个传奇投资项目，打造了超级复利机器<a href=\"https://laohu8.com/S/BRK.A\">伯克希尔</a>哈撒韦。</p>\n<p>但很少人知道的是，在1970年代他们其实是三人组合，有一个不可或缺的第三人，在随后的岁月里“消失”了。</p>\n<p>这人消失得何其彻底，以至于没有人流传他的投资哲学、投资方法和投资记录，甚至知道他名字的读者也非常少了（不论中英文读者）。</p>\n<p>这个人就是Rick Guerin——就先译为里克·盖林吧。</p>\n<p><b>01</b></p>\n<p>里克·盖林是怎么样一个人？</p>\n<p>首先，盖林是一个超级聪明的人。</p>\n<p>里克盖林1929年出生于洛杉矶，曾在军队担任密码破译员、战斗机飞行员，退伍后进入大学，又加入<a href=\"https://laohu8.com/S/IBM\">IBM</a>工作。</p>\n<p>芒格曾公开评价称，里克·盖林是一个非常幽默、聪明的人，他曾参加海军的一场智力测试，结果他提前离场还拿到了前所未有的高分。</p>\n<p>盖林是芒格的多年好友。如果你仔细翻阅芒格的传记、《穷查理宝典》，就会发现里克·盖林这个名字时不时就会出现。</p>\n<p>一个流传的说法是，在巴菲特说服芒格放弃律师工作、成立了合伙基金后不久，芒格又说服了盖林放弃IBM的工作，开始全职管理资金。</p>\n<p>其次，盖林是一个超级投资者，还是得到巴菲特认证的那种。</p>\n<p><img src=\"https://static.tigerbbs.com/52f329e84a87441d848944c18aace666\" tg-width=\"1080\" tg-height=\"845\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>1984年，在一场纪念《证券分析》出版50周年的座谈会上，巴菲特发表了著名演讲《格雷厄姆-多德镇的超级投资者》，隆重介绍了一批超级投资者，其中就包括Rick Guerin。</p>\n<p>巴菲特的演讲原文是：</p>\n<p>“表6是查理·芒格的一个朋友的记录，他是南加州大学(USC)的数学专业学生，也是一个非商学院出身的人。毕业后，他进入IBM工作，做过一段时间的销售。在我找到查理之后，查理找到了他。他的名字是里克·盖林。</p>\n<p>从1965年到1983年，与标准普尔指数316%的复合收益相比，里克盖林的收益是22,200%，这可能是因为他缺乏商学院的教育，他可以视为具有统计上的显着性。”</p>\n<p><img src=\"https://static.tigerbbs.com/a530fa110d1b4e7cade302af9f350327\" tg-width=\"888\" tg-height=\"1218\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>19年收益222倍，费前年化收益32.9%，费后年化收益23.6%。这个业绩记录足够长期、足够强悍，本足以让Rick Guerin在投资史上留下名字。</p>\n<p>最后，盖林的投资案例至今是投资史上的典范：蓝筹印花公司、喜诗糖果、《每日日报》Daily Journal。</p>\n<p>盖林第一个发现了蓝筹印花公司的投资机会。他先是找了芒格商议，芒格想了想说，“我带你去见我的朋友，他对浮存金很了解。”——那个朋友就是巴菲特。</p>\n<p>在一通操作猛如虎后，三人组顺利地控制了蓝筹印花公司，巴菲特第一大股东，芒格是第二大股东，盖林位居第三，他们三人依次获得了蓝筹印花公司的董事席位——先是芒格，其次是盖林，最后巴菲特。</p>\n<p>从此，三人开启了浮存金投资的时期，投资项目包括喜诗糖果、威斯科金融、水牛城晚报。其中，最被人津津乐道的公司就是喜诗糖果，巴菲特、芒格和盖林三人一同参与收购谈判，一同面试了新任的喜诗糖果CEO。</p>\n<p>喜诗糖果当时的CEO哈金斯回忆称，“虽然蓝筹公司是我们名义上的老板，但真正的老板显然是沃伦、查理和里克。”</p>\n<p><b>02</b></p>\n<p>盖林为什么忽然“消失”了？</p>\n<p>故事讲完。问题来了。</p>\n<p>Rick Guerin，这么一位超级聪明、有超级业绩记录、有经典投资案例的投资者，为什么忽然在投资史上沉寂下去了？</p>\n<p>进入1980年代后，里克盖林就再也没有跟巴菲特、芒格的新合作案例，各种关于顶尖投资者的采访和文章都罕见他的名字。当年的三人组只剩下二人，发生了什么？</p>\n<p>这本来是一个无解的问题，因为消失的人很难被人注意到。</p>\n<p>但有个家伙留意到了盖林的消失，他就是印度裔的价值投资者帕伯莱。</p>\n<p><img src=\"https://static.tigerbbs.com/91b5c56db83a4cf6b00da5c8c7af81bc\" tg-width=\"650\" tg-height=\"385\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>2008年，帕伯莱和盖伊联手拍下巴菲特的午餐，在见到巴菲特后他，他抛出了这个问题——“Rick Guerin怎么了？”</p>\n<p>巴菲特没有回避这个问题，他告诉帕布莱和盖伊，盖林用保证金贷款（margin loans）来撬动他的投资，因为他 \"急于致富\"（“in a hurry to get rich”）。</p>\n<p>据巴菲特说，在1973-74年的崩盘中遭受灾难性的损失后，盖林遭到了保证金追缴。结果，他被迫出售后来价值巨大的股票（给巴菲特）。</p>\n<p>这一批被被迫卖给巴菲特的股票，就是伯克希尔哈撒韦，出售价格为每股40美元——考虑到BRK现在的股价，这确实是一个巨大的损失。</p>\n<p>相比之下，巴菲特说，他和芒格从不着急，因为他们总是知道，如果他们在几十年内不断复利，不犯太多灾难性的错误，他们就会变得非常富有。</p>\n<p>巴菲特说：\"如果你是一个稍微高于平均水平的投资者，花钱比挣钱少，在一生中，你不可能不变得非常富有。\"</p>\n<p>帕伯莱说，这个关于杠杆和不耐烦（impatience）的危险道德故事已经 \"烙印 \"在他的大脑中。仅凭这点，巴菲特的午餐就是值得的。</p>\n<p><b>03</b></p>\n<p>后记。</p>\n<p>我最近知道这个故事时，充满了好奇与震惊。这样一个优秀、聪明的投资者，本来有机会与巴菲特、芒格齐名，再不济也会是历史留名的一流投资者，居然在在历史上默默地沉寂了下去。</p>\n<p>这个故事非常生动地讲述了耐心的重要、杠杆的危害，以及完美地反驳了一个广为流传的认知误区：杠杆很危险，但高手除外。</p>\n<p>不，高手也没法例外。</p>\n<p>当然，细心的读者或许留意到，盖林的投资业绩在1970年代后期是有恢复的，整体业绩算下来还是很厉害，但那又如何呢？他被迫出售的BRK股票，已经落到巴菲特手里了，他也永远失去了成为BRK第三人的机会。</p>\n<p>此外，我在查阅相关资料的时候，偶然看到这篇文章——《NOBODY TALKS ABOUT RICK ANYMORE?》，作者是Justin Vossen，他提供了另一个思考角度。</p>\n<p>粗略地翻译下，以分享他的看法。</p>\n<p>Justin Vossen认为，“正如巴菲特在与帕伯莱谈话中所指出的那样，正是杠杆作用迫使这笔交易出售，并加剧了他的投资合伙公司的亏损。这违反了投资的一条关键原则:&nbsp;在你想卖股票时卖出，而不是你不得不卖时卖出。”（sell equities when you want to and not when you have to.）</p>\n<p>其次，盖林的基金在两年里累计下跌62%，期间标普500跌幅为37%，这样的跌幅无疑是灾难性的。虽然后来明显恢复了净值，但“许多投资者和合伙人可能也像巴菲特和芒格那样失去了信心。”</p>\n<p>Justin Vossen认为，但除了金钱上的损失，盖林更大的损失可能是失去了巴菲特和芒格的信任，“盖林在上世纪80年代淡出了人们的视线，再也没有与巴菲特或芒格合作过。”</p>\n<p>&nbsp;“盖林的长期记录结果相当惊人，但他一直默默无闻。他本可以成为传奇人物，但他的“不耐烦”让他失去登上投资界总统山的机会。”</p>\n<p>“我们生活在一个不断提倡即时满足的社会，但有时要成为一个伟大的投资者，你需要耐心和时间。正如巴菲特所指出的——“即使是一个略高于平均水平的投资者，如果花的钱比赚的钱少，在一生中只要你有耐心，你就很难不发财\"。</p>\n<p>\" He said that if you’re even a slightly above-average investor who spends less than they earn, over a lifetime, you cannot help but get rich if you are patient. ”</p>\n<p>最后，建议各位读者在考虑动用杠杆武器时，不妨回忆一下这个故事，想一想，是否真的有必要“in a hurry to get rich.”？</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/91b5c56db83a4cf6b00da5c8c7af81bc","relate_stocks":{"BRK.B":"伯克希尔B","BRK.A":"伯克希尔"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2156732161","content_text":"你有听说过Rick Guerin这位投资者吗？\n没有？\n没有就对了。\n众所周知，巴菲特和芒格是黄金二人组，他们联手创下多个传奇投资项目，打造了超级复利机器伯克希尔哈撒韦。\n但很少人知道的是，在1970年代他们其实是三人组合，有一个不可或缺的第三人，在随后的岁月里“消失”了。\n这人消失得何其彻底，以至于没有人流传他的投资哲学、投资方法和投资记录，甚至知道他名字的读者也非常少了（不论中英文读者）。\n这个人就是Rick Guerin——就先译为里克·盖林吧。\n01\n里克·盖林是怎么样一个人？\n首先，盖林是一个超级聪明的人。\n里克盖林1929年出生于洛杉矶，曾在军队担任密码破译员、战斗机飞行员，退伍后进入大学，又加入IBM工作。\n芒格曾公开评价称，里克·盖林是一个非常幽默、聪明的人，他曾参加海军的一场智力测试，结果他提前离场还拿到了前所未有的高分。\n盖林是芒格的多年好友。如果你仔细翻阅芒格的传记、《穷查理宝典》，就会发现里克·盖林这个名字时不时就会出现。\n一个流传的说法是，在巴菲特说服芒格放弃律师工作、成立了合伙基金后不久，芒格又说服了盖林放弃IBM的工作，开始全职管理资金。\n其次，盖林是一个超级投资者，还是得到巴菲特认证的那种。\n\n1984年，在一场纪念《证券分析》出版50周年的座谈会上，巴菲特发表了著名演讲《格雷厄姆-多德镇的超级投资者》，隆重介绍了一批超级投资者，其中就包括Rick Guerin。\n巴菲特的演讲原文是：\n“表6是查理·芒格的一个朋友的记录，他是南加州大学(USC)的数学专业学生，也是一个非商学院出身的人。毕业后，他进入IBM工作，做过一段时间的销售。在我找到查理之后，查理找到了他。他的名字是里克·盖林。\n从1965年到1983年，与标准普尔指数316%的复合收益相比，里克盖林的收益是22,200%，这可能是因为他缺乏商学院的教育，他可以视为具有统计上的显着性。”\n\n19年收益222倍，费前年化收益32.9%，费后年化收益23.6%。这个业绩记录足够长期、足够强悍，本足以让Rick Guerin在投资史上留下名字。\n最后，盖林的投资案例至今是投资史上的典范：蓝筹印花公司、喜诗糖果、《每日日报》Daily Journal。\n盖林第一个发现了蓝筹印花公司的投资机会。他先是找了芒格商议，芒格想了想说，“我带你去见我的朋友，他对浮存金很了解。”——那个朋友就是巴菲特。\n在一通操作猛如虎后，三人组顺利地控制了蓝筹印花公司，巴菲特第一大股东，芒格是第二大股东，盖林位居第三，他们三人依次获得了蓝筹印花公司的董事席位——先是芒格，其次是盖林，最后巴菲特。\n从此，三人开启了浮存金投资的时期，投资项目包括喜诗糖果、威斯科金融、水牛城晚报。其中，最被人津津乐道的公司就是喜诗糖果，巴菲特、芒格和盖林三人一同参与收购谈判，一同面试了新任的喜诗糖果CEO。\n喜诗糖果当时的CEO哈金斯回忆称，“虽然蓝筹公司是我们名义上的老板，但真正的老板显然是沃伦、查理和里克。”\n02\n盖林为什么忽然“消失”了？\n故事讲完。问题来了。\nRick Guerin，这么一位超级聪明、有超级业绩记录、有经典投资案例的投资者，为什么忽然在投资史上沉寂下去了？\n进入1980年代后，里克盖林就再也没有跟巴菲特、芒格的新合作案例，各种关于顶尖投资者的采访和文章都罕见他的名字。当年的三人组只剩下二人，发生了什么？\n这本来是一个无解的问题，因为消失的人很难被人注意到。\n但有个家伙留意到了盖林的消失，他就是印度裔的价值投资者帕伯莱。\n\n2008年，帕伯莱和盖伊联手拍下巴菲特的午餐，在见到巴菲特后他，他抛出了这个问题——“Rick Guerin怎么了？”\n巴菲特没有回避这个问题，他告诉帕布莱和盖伊，盖林用保证金贷款（margin loans）来撬动他的投资，因为他 \"急于致富\"（“in a hurry to get rich”）。\n据巴菲特说，在1973-74年的崩盘中遭受灾难性的损失后，盖林遭到了保证金追缴。结果，他被迫出售后来价值巨大的股票（给巴菲特）。\n这一批被被迫卖给巴菲特的股票，就是伯克希尔哈撒韦，出售价格为每股40美元——考虑到BRK现在的股价，这确实是一个巨大的损失。\n相比之下，巴菲特说，他和芒格从不着急，因为他们总是知道，如果他们在几十年内不断复利，不犯太多灾难性的错误，他们就会变得非常富有。\n巴菲特说：\"如果你是一个稍微高于平均水平的投资者，花钱比挣钱少，在一生中，你不可能不变得非常富有。\"\n帕伯莱说，这个关于杠杆和不耐烦（impatience）的危险道德故事已经 \"烙印 \"在他的大脑中。仅凭这点，巴菲特的午餐就是值得的。\n03\n后记。\n我最近知道这个故事时，充满了好奇与震惊。这样一个优秀、聪明的投资者，本来有机会与巴菲特、芒格齐名，再不济也会是历史留名的一流投资者，居然在在历史上默默地沉寂了下去。\n这个故事非常生动地讲述了耐心的重要、杠杆的危害，以及完美地反驳了一个广为流传的认知误区：杠杆很危险，但高手除外。\n不，高手也没法例外。\n当然，细心的读者或许留意到，盖林的投资业绩在1970年代后期是有恢复的，整体业绩算下来还是很厉害，但那又如何呢？他被迫出售的BRK股票，已经落到巴菲特手里了，他也永远失去了成为BRK第三人的机会。\n此外，我在查阅相关资料的时候，偶然看到这篇文章——《NOBODY TALKS ABOUT RICK ANYMORE?》，作者是Justin Vossen，他提供了另一个思考角度。\n粗略地翻译下，以分享他的看法。\nJustin Vossen认为，“正如巴菲特在与帕伯莱谈话中所指出的那样，正是杠杆作用迫使这笔交易出售，并加剧了他的投资合伙公司的亏损。这违反了投资的一条关键原则: 在你想卖股票时卖出，而不是你不得不卖时卖出。”（sell equities when you want to and not when you have to.）\n其次，盖林的基金在两年里累计下跌62%，期间标普500跌幅为37%，这样的跌幅无疑是灾难性的。虽然后来明显恢复了净值，但“许多投资者和合伙人可能也像巴菲特和芒格那样失去了信心。”\nJustin Vossen认为，但除了金钱上的损失，盖林更大的损失可能是失去了巴菲特和芒格的信任，“盖林在上世纪80年代淡出了人们的视线，再也没有与巴菲特或芒格合作过。”\n “盖林的长期记录结果相当惊人，但他一直默默无闻。他本可以成为传奇人物，但他的“不耐烦”让他失去登上投资界总统山的机会。”\n“我们生活在一个不断提倡即时满足的社会，但有时要成为一个伟大的投资者，你需要耐心和时间。正如巴菲特所指出的——“即使是一个略高于平均水平的投资者，如果花的钱比赚的钱少，在一生中只要你有耐心，你就很难不发财\"。\n\" He said that if you’re even a slightly above-average investor who spends less than they earn, over a lifetime, you cannot help but get rich if you are patient. ”\n最后，建议各位读者在考虑动用杠杆武器时，不妨回忆一下这个故事，想一想，是否真的有必要“in a hurry to get rich.”？","news_type":1},"isVote":1,"tweetType":1,"viewCount":354,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":144509639,"gmtCreate":1626304665321,"gmtModify":1633928161596,"author":{"id":"3584660223518204","authorId":"3584660223518204","name":"AndyCHLim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584660223518204","authorIdStr":"3584660223518204"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/144509639","repostId":"1130412034","repostType":4,"repost":{"id":"1130412034","kind":"news","pubTimestamp":1626300333,"share":"https://www.laohu8.com/m/news/1130412034?lang=&edition=full","pubTime":"2021-07-15 06:05","market":"us","language":"en","title":"Democrats’ $3.5 trillion budget package funds family programs, clean energy and Medicare expansion","url":"https://stock-news.laohu8.com/highlight/detail?id=1130412034","media":"cnbc","summary":"KEY POINTS\n\nSenate Democrats released the framework Wednesday for their $3.5 trillion budget resolut","content":"<div>\n<p>KEY POINTS\n\nSenate Democrats released the framework Wednesday for their $3.5 trillion budget resolution bill, which they hope to pass later this summer on a party-line vote.\nThe legislation is working...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/14/democrats-3point5-trillion-budget-package-funds-family-programs-clean-energy-medicare-expansion.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>Democrats’ $3.5 trillion budget package funds family programs, clean energy and Medicare expansion</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\">\nDemocrats’ $3.5 trillion budget package funds family programs, clean energy and Medicare expansion\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-15 06:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/14/democrats-3point5-trillion-budget-package-funds-family-programs-clean-energy-medicare-expansion.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nSenate Democrats released the framework Wednesday for their $3.5 trillion budget resolution bill, which they hope to pass later this summer on a party-line vote.\nThe legislation is working...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/14/democrats-3point5-trillion-budget-package-funds-family-programs-clean-energy-medicare-expansion.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index","SPY":"标普500ETF",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.cnbc.com/2021/07/14/democrats-3point5-trillion-budget-package-funds-family-programs-clean-energy-medicare-expansion.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1130412034","content_text":"KEY POINTS\n\nSenate Democrats released the framework Wednesday for their $3.5 trillion budget resolution bill, which they hope to pass later this summer on a party-line vote.\nThe legislation is working its way through the Congress hand-in-hand with another bill, a $1.2 trillion bipartisan infrastructure proposal that is still being drafted.\n\nWASHINGTON — Senate Democrats released the framework Wednesday for their $3.5 trillion budget resolution bill, which they hope to pass later this summer on a party-line vote.\nThe bill will contain nearly all of President Joe Biden’s American Families Plan bill, plus the addition of expanded Medicare coverage for hearing, vision and dental care.\nHow long each of the programs would last is still up in the air, however, as is how much money will be dedicated to each of the dozens of programs in the bill.\nThese are among the thorny questions that Democrats plan to hash out internally later this summer and fall.\nFor now, here are the topline projects the budget bill would fund:\n\nCreate a national comprehensive paid family and medical leave program.\nFund free universal preschool for all 3- and 4-year-olds.\nFund free community college for all students, expand the total amount of Pell Grants, and increase the maximum individual award.\nExpand access to the summer EBT program, which helps some low-income families with children buy food outside the school year.\nExtend the $1.9 trillion Covid stimulus plan’s provision lowering health insurance premiums for those who buy coverage on their own.\nExtend the child tax credit expansion that was included in the Covid relief bill.\n\nThe bill also contains money for clean energy programs, many of which were cut from the bipartisan infrastructure deal during earlier negotiations with Republicans.\nThese include tax incentives for clean energy and electric vehicles, a Civilian Climate Corps program for young people and energy-efficient building weatherization and electrification projects.\nIn order to fund all the massive new investments, Democrats have announced plans to raise taxes on corporations and the wealthiest individuals. They also plan to fund enhanced enforcement by the IRS, in order to crack down on people who underpay or cheat on their taxes.\nAnother piece of the pay-for equation will be new methane reduction and polluter import fees, to raise revenue and accelerate emissions reductions.\nSenators reached an agreement on the topline number of $3.5 trillion on Tuesday night, but details about the contents of the bill were not released until Wednesday.\nNext steps\nThe next phase of the legislative process will be to fill in the budget framework with details, a process that takes place in the Senate Budget Committee.\nThe chairman of this committee is Sen. Bernie Sanders, I-Vt., who proposed his own $6 trillion budget resolution plan earlier this summer.\nBut Sanders’ $6 trillion plan was far too costly for centrist Democrats to support, and the current $3.5 trillion bill represents an effort to bridge these internal divisions.\nThe budget resolution also contains a key provision that Sanders has long championed but which was not included in Biden’s original American Families Plan: full Medicare coverage for vision, dental and hearing care.\n“This is, in our view, a pivotal moment in American history,” Sanders told reporters Tuesday.\nIf ultimately signed into law, the bill would mark the biggest expansion of the social safety net in decades, along with an unprecedented effort to curb climate change and prepare the country for its effects.\nIt was not clear Wednesday when the budget resolution bill will receive its first vote in the Senate.\nThe timing of the bill is complicated by the fact that it is working its way through Congress hand-in-hand with another bill, a $1.2 trillion bipartisan infrastructure proposal that is still being drafted.\nSenate Majority Leader Chuck Schumer, D-N.Y., wants to hold votes on both the budget resolution and the infrastructure bill before the Senate breaks for its planned August recess.\nOn Monday, Schumer told senators to be ready to remain in Washington for part of the upcoming recess in order to pass both measures.\nSchumer’s timeline for the next few weeks is very ambitious, especially considering that neither of the two massive bills Democrats intend to pass have actually been written yet.\nSeveral centrist Democrats have indicated that they want to pass the infrastructure bill before they cast a vote for the budget resolution bill.\nBut progressives, who strongly support the budget resolution, want the exact opposite: proof that their ambitious budget bill can pass before they agree to join centrist Democrats and Republicans in approving the watered-down infrastructure plan.\nDemocrats hold only a one-vote majority in the Senate, so both bills will need the support of every Democratic senator in order to pass.","news_type":1},"isVote":1,"tweetType":1,"viewCount":220,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":151803666,"gmtCreate":1625069501755,"gmtModify":1633945148225,"author":{"id":"3584660223518204","authorId":"3584660223518204","name":"AndyCHLim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584660223518204","authorIdStr":"3584660223518204"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/151803666","repostId":"1153116027","repostType":4,"repost":{"id":"1153116027","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1625065414,"share":"https://www.laohu8.com/m/news/1153116027?lang=&edition=full","pubTime":"2021-06-30 23:03","market":"us","language":"en","title":"Clear Secure spikes 34% on its first day of trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1153116027","media":"Tiger Newspress","summary":"Coupang shares opened at $38.66 each on Wednesday, about 34% higher than the company’s IPO price.\n\nQ","content":"<p>Coupang shares opened at $38.66&nbsp;each on Wednesday, about 34% higher than the company’s IPO price.</p>\n<p><img src=\"https://static.tigerbbs.com/7f9504efc022356069cbe31bc7d9fd4c\" tg-width=\"840\" tg-height=\"470\"></p>\n<p><b>Quick Take</b></p>\n<p>Clear Secure (YOU) as filed to raise $376 million in an IPO of its Class A common stock, according to an S-1/Aregistration statement.</p>\n<p>The firm provides membership-based security enrollment services for access to various public and private venues.</p>\n<p>YOU produced contracting topline revenue and related metrics in Q1 2021 and the IPO appears pricey, so I'll pass on the IPO.</p>\n<p><b>Company &amp; Technology</b></p>\n<p>New York, New York-based Clear Secure was founded to create a security platform enabling subscribers to demonstrate their identity and receive faster or more convenient access to venues and transportation systems in the U.S.</p>\n<p>Management is headed by Chair and CEO Ms. Caryn Seidman-Becker, who has been with the firm since 2010 and was previously founder of Arience Capital and managing director at Iridian Asset Management.</p>\n<p>The company’s primary offerings include:</p>\n<ul>\n <li>CLEAR - venue access subscription service</li>\n <li>CLEAR Plus - CLEAR plus aviation system access subscription service</li>\n <li>Health Pass - health identity connected to digital health credential</li>\n</ul>\n<p>Clear Secure has received at least $651 million in equity investment from investors including Alclear Investments, T. Rowe Price &amp; Associates Funds, General Atlantic, William Miller III, Delta Air Lines and Durable Capital.</p>\n<p><b>Customer/User Acquisition</b></p>\n<p>The firm has focused its direct sales &amp; marketing efforts on U.S. airports, stadiums and major venues.</p>\n<p>As of May 31, 2021, it counted 38 airports, 26 sports and entertainment venues and 67 Health Pass-enabled partners and events for 100 unique locations as well as numerous offices, theaters, casinos, theme parks and restaurants.</p>\n<p>Sales and Marketing expenses as a percentage of total revenue have fluctuated as revenues have varied, as the figures below indicate:</p>\n<p></p>\n<p><img src=\"https://static.tigerbbs.com/b771264433e9ae9822f0c8f3ff09e491\" tg-width=\"552\" tg-height=\"274\" referrerpolicy=\"no-referrer\"></p>\n<p></p>\n<p></p>\n<p>The Sales and Marketing efficiency rate, defined as how many dollars of additional new revenue are generated by each dollar of Sales and Marketing spend, swung to a negative 2.2x in the most recent reporting period, as shown in the table below:</p>\n<p></p>\n<p><img src=\"https://static.tigerbbs.com/3579f0c3282e320968d830529b1e5ecc\" tg-width=\"553\" tg-height=\"223\" referrerpolicy=\"no-referrer\"></p>\n<p></p>\n<p></p>\n<p>The firm’s CLEAR Plus member retention rate for 2020 was 78.8%. Management said it expects the negative effects of the COVID-19 pandemic to affect its airport enrollments and business in 2021 and beyond.</p>\n<p><b>Market &amp; Competition</b></p>\n<p>According to a 2018 marketresearch reportby Fortune Business Insights, the global stadium security market was an estimated $6.2 billion in 2017 and is forecast to reach $16 billion by 2025.</p>\n<p>This represents a forecast CAGR of 12.8% from 2018 to 2025.</p>\n<p>The main drivers for this expected growth are a rise in terrorist threat scenarios as well as a need to handle large crowds in a safe manner.</p>\n<p>Also, stadium and venue owners are seeking advanced security measures as more options become available.</p>\n<p>Below is a chart showing the stadium security market historical and forecast growth trajectory:</p>\n<p></p>\n<p><img src=\"https://static.tigerbbs.com/6156ca7be4be93d813c09e0d9e25f4fd\" tg-width=\"1280\" tg-height=\"716\" referrerpolicy=\"no-referrer\"></p>\n<p></p>\n<p></p>\n<p>(Source)</p>\n<p>Notably, the software &amp; services segment was expected to grow at the fastest rate through 2025.</p>\n<p>Major competitive or other industry participants include:</p>\n<ul>\n <li>Telos Identity</li>\n <li>Idemia Identity &amp; Security</li>\n <li>PricewaterhouseCoopers</li>\n <li>Salesforce</li>\n <li>IBM</li>\n <li>Amazon</li>\n <li>Apple</li>\n <li>Facebook</li>\n <li>Google</li>\n</ul>\n<p><b>Financial Performance</b></p>\n<p>Clear Secure’s recent financial results can be summarized as follows:</p>\n<ul>\n <li>Contracting topline revenue in Q1 2021</li>\n <li>Reduced gross profit and fluctuating gross margin</li>\n <li>Increased operating losses</li>\n <li>Uneven cash flow from operations</li>\n</ul>\n<p>Below are relevant financial results derived from the firm’s registration statement:</p>\n<p></p>\n<p><img src=\"https://static.tigerbbs.com/9fd36b19e2a8c0722e8f5234e3d89e93\" tg-width=\"554\" tg-height=\"559\" referrerpolicy=\"no-referrer\"></p>\n<p></p>\n<p><img src=\"https://static.tigerbbs.com/830d7c058bba120b50f65f4569a16e85\" tg-width=\"551\" tg-height=\"557\" referrerpolicy=\"no-referrer\"></p>\n<p></p>\n<p><img src=\"https://static.tigerbbs.com/14b46d1fd8cd4d7cf5dbbec6b9e03797\" tg-width=\"556\" tg-height=\"558\" referrerpolicy=\"no-referrer\"></p>\n<p></p>\n<p></p>\n<p>As of March 31, 2021, Clear Secure had $176 million in cash and $161.8 million in total liabilities.</p>\n<p>Free cash flow during the twelve months ended March 31, 2021, was $8.2 million.</p>\n<p><b>IPO Details</b></p>\n<p>Clear Secure intends to raise $376 million in gross proceeds from an IPO of its Class A common stock, offering 13.2 million shares at a proposed midpoint price of $28.50 per share.</p>\n<p>Class A and Class C common stockholders will be entitled to receive one vote per share and Class B and Class D shareholders will have 20 votes per share.</p>\n<p>The S&amp;P 500 Index no longer admits firms with multiple classes of stock into its index.</p>\n<p>No existing shareholders have indicated an interest to purchase shares at the IPO price.</p>\n<p>Assuming a successful IPO, the company’s enterprise value at IPO would approximate $3.7 billion, excluding the effects of underwriter over-allotment options.</p>\n<p>Excluding effects of underwriter options and private placement shares or restricted stock, if any, the float to outstanding shares ratio will be approximately 8.93%. A figure under 10% is generally considered a ‘low float’ stock which can be subject to significant price volatility.</p>\n<p>Management says it will use the net proceeds from the IPO as follows:</p>\n<blockquote>\n We intend to contribute the net proceeds from this offering to Alclear in exchange for a number of Alclear Units equal to the contribution amount divided by the price paid by the underwriters for shares of our Class A common stock in this offering (13,200,000 Alclear Units at the midpoint of the estimated public offering price range set forth on the cover page of this prospectus or, if the underwriters exercise their option to purchase additional shares in full, 15,180,000 Alclear Units), and to cause Alclear to use such contributed amount to pay offering expenses and for general corporate purposes. (Source)\n</blockquote>\n<p>Management’s presentation of the company roadshow isavailable here.</p>\n<p>Listed bookrunners of the IPO are Goldman Sachs, J.P. Morgan, Allen &amp; Company, Wells Fargo Securities, LionTree, Stifel, Telsey Advisory Group, Centerview Partners, Loop Capital Markets and Roberts &amp; Ryan.</p>\n<p><b>Valuation Metrics</b></p>\n<p>Below is a table of relevant capitalization and valuation figures for the company:</p>\n<p></p>\n<p><img src=\"https://static.tigerbbs.com/0bee8c66f2a51c304ca1719144766210\" tg-width=\"553\" tg-height=\"641\" referrerpolicy=\"no-referrer\"></p>\n<p></p>\n<p></p>\n<p><b>Commentary</b></p>\n<p>Clear Secure is seeking public investment capital for unspecified future corporate expansion plans.</p>\n<p>The company’s financials showed resilience in 2020 but a significant drop in topline revenue in Q1 2021 and continued operating losses with a lack of path to operating breakeven.</p>\n<p>Free cash flow for the twelve months ended March 31, 2021, was $8.2 million.</p>\n<p>Sales and Marketing expenses as a percentage of total revenue have varied as revenue has fluctuated; its Sales and Marketing efficiency rate swung to a negative 2.2x in the most recent reporting period.</p>\n<p>The market opportunity for providing preferred venue and travel access services is significant but has been affected negatively by the COVID-19 pandemic, at least in the short term.</p>\n<p>Management responded by developing its Health Pass service during 2020.</p>\n<p>Goldman Sachs is the lead left underwriter and IPOs led by the firm over the last 12-month period have generated an average return of 46.6% since their IPO. This is a top-tier performance for all major underwriters during the period.</p>\n<p>The primary risk to the company’s outlook is the ongoing uncertainties brought about by the COVID-19 pandemic and changing consumer habits.</p>\n<p>As for valuation, YOU is primarily a subscription-based business and is asking investors at IPO to pay an Enterprise Value / Revenue multiple of 16.8x, which is well above the typical software-based SaaS public stock median, as shown below:</p>\n<p></p>\n<p><img src=\"https://static.tigerbbs.com/e400ff06b7afa10def8dee92ad2826f0\" tg-width=\"1093\" tg-height=\"744\" referrerpolicy=\"no-referrer\"></p>\n<p></p>\n<p>I’m also concerned by the contraction in topline revenue and related metrics in Q1 2021...not a good result leading into the IPO.</p>\n<p>I'll watch the IPO from the sidelines.</p>\n<p>Expected IPO Pricing Date: June 29, 2021</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>Clear Secure spikes 34% on its first day of trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nClear Secure spikes 34% on its first day of trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-06-30 23:03</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Coupang shares opened at $38.66&nbsp;each on Wednesday, about 34% higher than the company’s IPO price.</p>\n<p><img src=\"https://static.tigerbbs.com/7f9504efc022356069cbe31bc7d9fd4c\" tg-width=\"840\" tg-height=\"470\"></p>\n<p><b>Quick Take</b></p>\n<p>Clear Secure (YOU) as filed to raise $376 million in an IPO of its Class A common stock, according to an S-1/Aregistration statement.</p>\n<p>The firm provides membership-based security enrollment services for access to various public and private venues.</p>\n<p>YOU produced contracting topline revenue and related metrics in Q1 2021 and the IPO appears pricey, so I'll pass on the IPO.</p>\n<p><b>Company &amp; Technology</b></p>\n<p>New York, New York-based Clear Secure was founded to create a security platform enabling subscribers to demonstrate their identity and receive faster or more convenient access to venues and transportation systems in the U.S.</p>\n<p>Management is headed by Chair and CEO Ms. Caryn Seidman-Becker, who has been with the firm since 2010 and was previously founder of Arience Capital and managing director at Iridian Asset Management.</p>\n<p>The company’s primary offerings include:</p>\n<ul>\n <li>CLEAR - venue access subscription service</li>\n <li>CLEAR Plus - CLEAR plus aviation system access subscription service</li>\n <li>Health Pass - health identity connected to digital health credential</li>\n</ul>\n<p>Clear Secure has received at least $651 million in equity investment from investors including Alclear Investments, T. Rowe Price &amp; Associates Funds, General Atlantic, William Miller III, Delta Air Lines and Durable Capital.</p>\n<p><b>Customer/User Acquisition</b></p>\n<p>The firm has focused its direct sales &amp; marketing efforts on U.S. airports, stadiums and major venues.</p>\n<p>As of May 31, 2021, it counted 38 airports, 26 sports and entertainment venues and 67 Health Pass-enabled partners and events for 100 unique locations as well as numerous offices, theaters, casinos, theme parks and restaurants.</p>\n<p>Sales and Marketing expenses as a percentage of total revenue have fluctuated as revenues have varied, as the figures below indicate:</p>\n<p></p>\n<p><img src=\"https://static.tigerbbs.com/b771264433e9ae9822f0c8f3ff09e491\" tg-width=\"552\" tg-height=\"274\" referrerpolicy=\"no-referrer\"></p>\n<p></p>\n<p></p>\n<p>The Sales and Marketing efficiency rate, defined as how many dollars of additional new revenue are generated by each dollar of Sales and Marketing spend, swung to a negative 2.2x in the most recent reporting period, as shown in the table below:</p>\n<p></p>\n<p><img src=\"https://static.tigerbbs.com/3579f0c3282e320968d830529b1e5ecc\" tg-width=\"553\" tg-height=\"223\" referrerpolicy=\"no-referrer\"></p>\n<p></p>\n<p></p>\n<p>The firm’s CLEAR Plus member retention rate for 2020 was 78.8%. Management said it expects the negative effects of the COVID-19 pandemic to affect its airport enrollments and business in 2021 and beyond.</p>\n<p><b>Market &amp; Competition</b></p>\n<p>According to a 2018 marketresearch reportby Fortune Business Insights, the global stadium security market was an estimated $6.2 billion in 2017 and is forecast to reach $16 billion by 2025.</p>\n<p>This represents a forecast CAGR of 12.8% from 2018 to 2025.</p>\n<p>The main drivers for this expected growth are a rise in terrorist threat scenarios as well as a need to handle large crowds in a safe manner.</p>\n<p>Also, stadium and venue owners are seeking advanced security measures as more options become available.</p>\n<p>Below is a chart showing the stadium security market historical and forecast growth trajectory:</p>\n<p></p>\n<p><img src=\"https://static.tigerbbs.com/6156ca7be4be93d813c09e0d9e25f4fd\" tg-width=\"1280\" tg-height=\"716\" referrerpolicy=\"no-referrer\"></p>\n<p></p>\n<p></p>\n<p>(Source)</p>\n<p>Notably, the software &amp; services segment was expected to grow at the fastest rate through 2025.</p>\n<p>Major competitive or other industry participants include:</p>\n<ul>\n <li>Telos Identity</li>\n <li>Idemia Identity &amp; Security</li>\n <li>PricewaterhouseCoopers</li>\n <li>Salesforce</li>\n <li>IBM</li>\n <li>Amazon</li>\n <li>Apple</li>\n <li>Facebook</li>\n <li>Google</li>\n</ul>\n<p><b>Financial Performance</b></p>\n<p>Clear Secure’s recent financial results can be summarized as follows:</p>\n<ul>\n <li>Contracting topline revenue in Q1 2021</li>\n <li>Reduced gross profit and fluctuating gross margin</li>\n <li>Increased operating losses</li>\n <li>Uneven cash flow from operations</li>\n</ul>\n<p>Below are relevant financial results derived from the firm’s registration statement:</p>\n<p></p>\n<p><img src=\"https://static.tigerbbs.com/9fd36b19e2a8c0722e8f5234e3d89e93\" tg-width=\"554\" tg-height=\"559\" referrerpolicy=\"no-referrer\"></p>\n<p></p>\n<p><img src=\"https://static.tigerbbs.com/830d7c058bba120b50f65f4569a16e85\" tg-width=\"551\" tg-height=\"557\" referrerpolicy=\"no-referrer\"></p>\n<p></p>\n<p><img src=\"https://static.tigerbbs.com/14b46d1fd8cd4d7cf5dbbec6b9e03797\" tg-width=\"556\" tg-height=\"558\" referrerpolicy=\"no-referrer\"></p>\n<p></p>\n<p></p>\n<p>As of March 31, 2021, Clear Secure had $176 million in cash and $161.8 million in total liabilities.</p>\n<p>Free cash flow during the twelve months ended March 31, 2021, was $8.2 million.</p>\n<p><b>IPO Details</b></p>\n<p>Clear Secure intends to raise $376 million in gross proceeds from an IPO of its Class A common stock, offering 13.2 million shares at a proposed midpoint price of $28.50 per share.</p>\n<p>Class A and Class C common stockholders will be entitled to receive one vote per share and Class B and Class D shareholders will have 20 votes per share.</p>\n<p>The S&amp;P 500 Index no longer admits firms with multiple classes of stock into its index.</p>\n<p>No existing shareholders have indicated an interest to purchase shares at the IPO price.</p>\n<p>Assuming a successful IPO, the company’s enterprise value at IPO would approximate $3.7 billion, excluding the effects of underwriter over-allotment options.</p>\n<p>Excluding effects of underwriter options and private placement shares or restricted stock, if any, the float to outstanding shares ratio will be approximately 8.93%. A figure under 10% is generally considered a ‘low float’ stock which can be subject to significant price volatility.</p>\n<p>Management says it will use the net proceeds from the IPO as follows:</p>\n<blockquote>\n We intend to contribute the net proceeds from this offering to Alclear in exchange for a number of Alclear Units equal to the contribution amount divided by the price paid by the underwriters for shares of our Class A common stock in this offering (13,200,000 Alclear Units at the midpoint of the estimated public offering price range set forth on the cover page of this prospectus or, if the underwriters exercise their option to purchase additional shares in full, 15,180,000 Alclear Units), and to cause Alclear to use such contributed amount to pay offering expenses and for general corporate purposes. (Source)\n</blockquote>\n<p>Management’s presentation of the company roadshow isavailable here.</p>\n<p>Listed bookrunners of the IPO are Goldman Sachs, J.P. Morgan, Allen &amp; Company, Wells Fargo Securities, LionTree, Stifel, Telsey Advisory Group, Centerview Partners, Loop Capital Markets and Roberts &amp; Ryan.</p>\n<p><b>Valuation Metrics</b></p>\n<p>Below is a table of relevant capitalization and valuation figures for the company:</p>\n<p></p>\n<p><img src=\"https://static.tigerbbs.com/0bee8c66f2a51c304ca1719144766210\" tg-width=\"553\" tg-height=\"641\" referrerpolicy=\"no-referrer\"></p>\n<p></p>\n<p></p>\n<p><b>Commentary</b></p>\n<p>Clear Secure is seeking public investment capital for unspecified future corporate expansion plans.</p>\n<p>The company’s financials showed resilience in 2020 but a significant drop in topline revenue in Q1 2021 and continued operating losses with a lack of path to operating breakeven.</p>\n<p>Free cash flow for the twelve months ended March 31, 2021, was $8.2 million.</p>\n<p>Sales and Marketing expenses as a percentage of total revenue have varied as revenue has fluctuated; its Sales and Marketing efficiency rate swung to a negative 2.2x in the most recent reporting period.</p>\n<p>The market opportunity for providing preferred venue and travel access services is significant but has been affected negatively by the COVID-19 pandemic, at least in the short term.</p>\n<p>Management responded by developing its Health Pass service during 2020.</p>\n<p>Goldman Sachs is the lead left underwriter and IPOs led by the firm over the last 12-month period have generated an average return of 46.6% since their IPO. This is a top-tier performance for all major underwriters during the period.</p>\n<p>The primary risk to the company’s outlook is the ongoing uncertainties brought about by the COVID-19 pandemic and changing consumer habits.</p>\n<p>As for valuation, YOU is primarily a subscription-based business and is asking investors at IPO to pay an Enterprise Value / Revenue multiple of 16.8x, which is well above the typical software-based SaaS public stock median, as shown below:</p>\n<p></p>\n<p><img src=\"https://static.tigerbbs.com/e400ff06b7afa10def8dee92ad2826f0\" tg-width=\"1093\" tg-height=\"744\" referrerpolicy=\"no-referrer\"></p>\n<p></p>\n<p>I’m also concerned by the contraction in topline revenue and related metrics in Q1 2021...not a good result leading into the IPO.</p>\n<p>I'll watch the IPO from the sidelines.</p>\n<p>Expected IPO Pricing Date: June 29, 2021</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"YOU":"Clear Secure, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1153116027","content_text":"Coupang shares opened at $38.66 each on Wednesday, about 34% higher than the company’s IPO price.\n\nQuick Take\nClear Secure (YOU) as filed to raise $376 million in an IPO of its Class A common stock, according to an S-1/Aregistration statement.\nThe firm provides membership-based security enrollment services for access to various public and private venues.\nYOU produced contracting topline revenue and related metrics in Q1 2021 and the IPO appears pricey, so I'll pass on the IPO.\nCompany & Technology\nNew York, New York-based Clear Secure was founded to create a security platform enabling subscribers to demonstrate their identity and receive faster or more convenient access to venues and transportation systems in the U.S.\nManagement is headed by Chair and CEO Ms. Caryn Seidman-Becker, who has been with the firm since 2010 and was previously founder of Arience Capital and managing director at Iridian Asset Management.\nThe company’s primary offerings include:\n\nCLEAR - venue access subscription service\nCLEAR Plus - CLEAR plus aviation system access subscription service\nHealth Pass - health identity connected to digital health credential\n\nClear Secure has received at least $651 million in equity investment from investors including Alclear Investments, T. Rowe Price & Associates Funds, General Atlantic, William Miller III, Delta Air Lines and Durable Capital.\nCustomer/User Acquisition\nThe firm has focused its direct sales & marketing efforts on U.S. airports, stadiums and major venues.\nAs of May 31, 2021, it counted 38 airports, 26 sports and entertainment venues and 67 Health Pass-enabled partners and events for 100 unique locations as well as numerous offices, theaters, casinos, theme parks and restaurants.\nSales and Marketing expenses as a percentage of total revenue have fluctuated as revenues have varied, as the figures below indicate:\n\n\n\n\nThe Sales and Marketing efficiency rate, defined as how many dollars of additional new revenue are generated by each dollar of Sales and Marketing spend, swung to a negative 2.2x in the most recent reporting period, as shown in the table below:\n\n\n\n\nThe firm’s CLEAR Plus member retention rate for 2020 was 78.8%. Management said it expects the negative effects of the COVID-19 pandemic to affect its airport enrollments and business in 2021 and beyond.\nMarket & Competition\nAccording to a 2018 marketresearch reportby Fortune Business Insights, the global stadium security market was an estimated $6.2 billion in 2017 and is forecast to reach $16 billion by 2025.\nThis represents a forecast CAGR of 12.8% from 2018 to 2025.\nThe main drivers for this expected growth are a rise in terrorist threat scenarios as well as a need to handle large crowds in a safe manner.\nAlso, stadium and venue owners are seeking advanced security measures as more options become available.\nBelow is a chart showing the stadium security market historical and forecast growth trajectory:\n\n\n\n\n(Source)\nNotably, the software & services segment was expected to grow at the fastest rate through 2025.\nMajor competitive or other industry participants include:\n\nTelos Identity\nIdemia Identity & Security\nPricewaterhouseCoopers\nSalesforce\nIBM\nAmazon\nApple\nFacebook\nGoogle\n\nFinancial Performance\nClear Secure’s recent financial results can be summarized as follows:\n\nContracting topline revenue in Q1 2021\nReduced gross profit and fluctuating gross margin\nIncreased operating losses\nUneven cash flow from operations\n\nBelow are relevant financial results derived from the firm’s registration statement:\n\n\n\n\n\n\n\n\nAs of March 31, 2021, Clear Secure had $176 million in cash and $161.8 million in total liabilities.\nFree cash flow during the twelve months ended March 31, 2021, was $8.2 million.\nIPO Details\nClear Secure intends to raise $376 million in gross proceeds from an IPO of its Class A common stock, offering 13.2 million shares at a proposed midpoint price of $28.50 per share.\nClass A and Class C common stockholders will be entitled to receive one vote per share and Class B and Class D shareholders will have 20 votes per share.\nThe S&P 500 Index no longer admits firms with multiple classes of stock into its index.\nNo existing shareholders have indicated an interest to purchase shares at the IPO price.\nAssuming a successful IPO, the company’s enterprise value at IPO would approximate $3.7 billion, excluding the effects of underwriter over-allotment options.\nExcluding effects of underwriter options and private placement shares or restricted stock, if any, the float to outstanding shares ratio will be approximately 8.93%. A figure under 10% is generally considered a ‘low float’ stock which can be subject to significant price volatility.\nManagement says it will use the net proceeds from the IPO as follows:\n\n We intend to contribute the net proceeds from this offering to Alclear in exchange for a number of Alclear Units equal to the contribution amount divided by the price paid by the underwriters for shares of our Class A common stock in this offering (13,200,000 Alclear Units at the midpoint of the estimated public offering price range set forth on the cover page of this prospectus or, if the underwriters exercise their option to purchase additional shares in full, 15,180,000 Alclear Units), and to cause Alclear to use such contributed amount to pay offering expenses and for general corporate purposes. (Source)\n\nManagement’s presentation of the company roadshow isavailable here.\nListed bookrunners of the IPO are Goldman Sachs, J.P. Morgan, Allen & Company, Wells Fargo Securities, LionTree, Stifel, Telsey Advisory Group, Centerview Partners, Loop Capital Markets and Roberts & Ryan.\nValuation Metrics\nBelow is a table of relevant capitalization and valuation figures for the company:\n\n\n\n\nCommentary\nClear Secure is seeking public investment capital for unspecified future corporate expansion plans.\nThe company’s financials showed resilience in 2020 but a significant drop in topline revenue in Q1 2021 and continued operating losses with a lack of path to operating breakeven.\nFree cash flow for the twelve months ended March 31, 2021, was $8.2 million.\nSales and Marketing expenses as a percentage of total revenue have varied as revenue has fluctuated; its Sales and Marketing efficiency rate swung to a negative 2.2x in the most recent reporting period.\nThe market opportunity for providing preferred venue and travel access services is significant but has been affected negatively by the COVID-19 pandemic, at least in the short term.\nManagement responded by developing its Health Pass service during 2020.\nGoldman Sachs is the lead left underwriter and IPOs led by the firm over the last 12-month period have generated an average return of 46.6% since their IPO. This is a top-tier performance for all major underwriters during the period.\nThe primary risk to the company’s outlook is the ongoing uncertainties brought about by the COVID-19 pandemic and changing consumer habits.\nAs for valuation, YOU is primarily a subscription-based business and is asking investors at IPO to pay an Enterprise Value / Revenue multiple of 16.8x, which is well above the typical software-based SaaS public stock median, as shown below:\n\n\n\nI’m also concerned by the contraction in topline revenue and related metrics in Q1 2021...not a good result leading into the IPO.\nI'll watch the IPO from the sidelines.\nExpected IPO Pricing Date: June 29, 2021","news_type":1},"isVote":1,"tweetType":1,"viewCount":228,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":157375576,"gmtCreate":1625569554795,"gmtModify":1633939563576,"author":{"id":"3584660223518204","authorId":"3584660223518204","name":"AndyCHLim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584660223518204","authorIdStr":"3584660223518204"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/157375576","repostId":"1101376629","repostType":4,"repost":{"id":"1101376629","kind":"news","pubTimestamp":1625569059,"share":"https://www.laohu8.com/m/news/1101376629?lang=&edition=full","pubTime":"2021-07-06 18:57","market":"us","language":"en","title":"Goldman upgrades American Express to buy, says stock can rise more than 30%","url":"https://stock-news.laohu8.com/highlight/detail?id=1101376629","media":"CNBC","summary":"The hot streak forAmerican Expressstill has plenty of room to run as the economy recovers and consum","content":"<div>\n<p>The hot streak forAmerican Expressstill has plenty of room to run as the economy recovers and consumer spending picks up, according to Goldman Sachs.\nShares of the card company have outperformed the ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/06/goldman-upgrades-american-express-to-buy-says-stock-can-rise-more-than-30percent.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>Goldman upgrades American Express to buy, says stock can rise more than 30%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGoldman upgrades American Express to buy, says stock can rise more than 30%\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-06 18:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/06/goldman-upgrades-american-express-to-buy-says-stock-can-rise-more-than-30percent.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The hot streak forAmerican Expressstill has plenty of room to run as the economy recovers and consumer spending picks up, according to Goldman Sachs.\nShares of the card company have outperformed the ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/06/goldman-upgrades-american-express-to-buy-says-stock-can-rise-more-than-30percent.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AXP":"美国运通"},"source_url":"https://www.cnbc.com/2021/07/06/goldman-upgrades-american-express-to-buy-says-stock-can-rise-more-than-30percent.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1101376629","content_text":"The hot streak forAmerican Expressstill has plenty of room to run as the economy recovers and consumer spending picks up, according to Goldman Sachs.\nShares of the card company have outperformed the broader market this year, rising roughly 39%. Analyst Ryan Nash upgraded the stock to buy from neutral, saying in a note to clients on Tuesday that the improving economy should drive the stock even higher.\n“While AXP has laid out expectations to reach its original goals for 2020 in 2022, with the economy improving meaningfully since AXP gave this guidance in January 2021 (at that time it called those expectations aspirational although we viewed as conservative) combined with a big pick-up in consumer spending ... we believe AXP is poised to exceed its original 2020 expectations by 2022,” the note said.\nGoldman said that it expects a multi-year recovery in travel, which should boost credit card companies like American Express.\n“We believe a better than expected acceleration in top-line trends on the back of better spend should lead to shares outperforming over time,” the note said..\nGoldman has a price target of $225 per share for American Express, which is more than 33% above where the stock closed on Friday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":315,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}