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Venkisakthi

Venkisakthi

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2021-07-18

It’s the future

Battery tycoon charges ahead in wealth rankings

2021-07-16

Good

抱歉，原内容已删除

2021-07-09

Is split up anytime soon

Stamps.com shares surges 14% in premarket trading,as going private at $330 per share in $6.6B cash deal with Thoma Bravo

2021-07-05

Thanks for letting us know upfront ..

Is the Stock Market Open or Closed on Independence Day?

2021-07-03

I hope it will turn around..

Can Alibaba Turn Around Its Woes in the Second Half of 2021?

2021-07-03

Cool..

5 of the Best Tech Stocks to Buy for July

2021-07-02

Amazon cloud would miss a big customer

Apple Could Become Google's Biggest Cloud Customer

2021-06-30

Sure..

Cloudflare Is Much More Scalable Than You Think

2021-06-27

Yes.. my vote for Ford too

Ford Or NIO? The Final Verdict

2021-06-22

Not bad..

抱歉，原内容已删除

2021-06-20

As Always [USD]

Old car makers are the hot new trade: Morning Brief

去老虎APP查看更多动态

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height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBattery tycoon charges ahead in wealth rankings\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-18 05:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech combined.\nAfter all, Dr Zeng Yuqun, founder of the world's biggest electric-vehicle battery maker, has ...</p>\n\n<a href=\"http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-W","QNETCN":"纳斯达克中美互联网老虎指数"},"source_url":"http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2152968147","content_text":"(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech combined.\nAfter all, Dr Zeng Yuqun, founder of the world's biggest electric-vehicle battery maker, has overtaken Mr Jack Ma in the wealth rankings, a symbolic moment in the rise of China's green billionaires.\nHis net worth has jumped to US$49.5 billion (S$67 billion), according to the Bloomberg Billionaires Index, as shares of Contemporary Amperex Technology (CATL) surged this year.\nThat exceeds Alibaba Group co-founder Mr Ma's wealth of US$48.1 billion and makes Dr Zeng one of the five richest people in Asia for the first time.\nInvestors have pushed up stocks such as CATL, a key supplier to Tesla, as the country leads the market for electric-vehicle sales and pursues an ambitious policy of reaching carbon neutrality in 2060.\n\"The billionaire ranking used to be dominated by real estate tycoons and later tech entrepreneurs, and now we are seeing more from the new energy sector,\" said Mr Hao Gao, director of Tsinghua University's NIFR Global Family Business Research Centre.\n\"As the industry leader for electric-vehicle batteries, CATL will benefit most from the carbon emission goal.\"\nDr Zeng, 53, who hails from a village in Fujian in south-east China, built CATL into a battery juggernaut in less than a decade, creating the largest global producer of rechargeable cells for plug-in vehicles.\nGlobal electric-vehicle battery sales more than doubled in the first four months of this year from a year earlier, with CATL accounting for 32.5 per cent of the market.\nCATL's stock has surged more than 20-fold since the company went public in Shenzhen in 2018. It is up about 60 per cent this year alone as demand for electric vehicles increases, countries work to reduce carbon emissions and costs tumble.\nCATL trades at more than 100 times estimated earnings, compared with about 13 times for its competitor Panasonic.\nIn addition to Tesla, CATL counts BMW and Volkswagen among its customers.\nIn an interview last year, Dr Zeng said he and Tesla chief executive officer Elon Musk text about technology, Covid-19 and Mr Musk's main interest: cheaper batteries and cars.\nDr Zeng, who earned his doctorate in condensed matter physics from the Chinese Academy of Science in Beijing, is not the only billionaire who is benefiting from the surge in CATL's stock. Mr Huang Shilin, a vice-chairman of the company, is worth more than US$21 billion, while Mr Li Ping, who is also a vice-chairman, has a fortune worth US$8.5 billion.\nAs Dr Zeng's star rises, Mr Ma's has been on the wane. The value of Mr Ma's fintech arm Ant Group has plummeted since the former English teacher openly pushed back against Beijing, prompting the Chinese authorities to quash the company's plans for a huge initial public offering. Mr Ma, 56, has all but dropped from public view, and has lost US$2.5 billion in wealth this year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":70,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":170700416,"gmtCreate":1626448861335,"gmtModify":1633926621657,"author":{"id":"3585780555170064","authorId":"3585780555170064","authorIdStr":"3585780555170064","name":"Venkisakthi","avatar":"https://static.tigerbbs.com/3ec08c0f381636758efa60d454734dc0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585780555170064"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/170700416","repostId":"1144679332","repostType":4,"isVote":1,"tweetType":1,"viewCount":117,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":141921285,"gmtCreate":1625834702247,"gmtModify":1633936885471,"author":{"id":"3585780555170064","authorId":"3585780555170064","authorIdStr":"3585780555170064","name":"Venkisakthi","avatar":"https://static.tigerbbs.com/3ec08c0f381636758efa60d454734dc0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585780555170064"},"themes":[],"htmlText":"Is split up anytime soon","listText":"Is split up anytime soon","text":"Is split up anytime soon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/141921285","repostId":"1132560832","repostType":4,"repost":{"id":"1132560832","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":1625831887,"share":"https://www.laohu8.com/m/news/1132560832?lang=&edition=full","pubTime":"2021-07-09 19:58","market":"us","language":"en","title":"Stamps.com shares surges 14% in premarket trading,as going private at $330 per share in $6.6B cash deal with Thoma Bravo","url":"https://stock-news.laohu8.com/highlight/detail?id=1132560832","media":"Tiger Newspress","summary":"Stamps.com shares surges 14% in premarket trading,as going private at $330 per share in $6.6B cash d","content":"<p>Stamps.com&nbsp;shares&nbsp;surges&nbsp;14%&nbsp;in&nbsp;premarket&nbsp;trading,as&nbsp;going private at $330 per share in $6.6B cash deal with Thoma Bravo.</p>\n<p><img src=\"https://static.tigerbbs.com/04f161f070e63ab83519e4d884ce773d\" tg-width=\"1272\" tg-height=\"604\" referrerpolicy=\"no-referrer\"></p>\n<ul>\n <li>Stamps.com(NASDAQ:STMP)stockholders toreceive $330.00 per share in cash.</li>\n <li>The offer price per share represents a&nbsp;<b>premium of 66.9% over Stamps.com's closing share price</b>&nbsp;on July 08, 2021.</li>\n <li>Stamps.com’s Board of Directors has unanimously approved the agreement with Thoma Bravo.</li>\n <li>Post-completion, Stamps.com will become a private company with the flexibility and resources to provide global e-commerce technology solutions.</li>\n <li>Additionally, Stamps.com will benefit from the operating capabilities, capital support, and deep sector expertise of Thoma Bravo.</li>\n <li>The agreement includes a 40-day “go-shop” period expiring August 18, 2021, allowing the Board and its advisors to actively initiate, solicit and consider alternative acquisition proposals from third parties.</li>\n <li>The transaction is expected to close in Q3'21, subject to customary closing conditions, including approval by Stamps.com stockholders and receipt of regulatory approvals.</li>\n <li>Stamps.com to resume trading at 8 a.m. ET</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>Stamps.com shares surges 14% in premarket trading,as going private at $330 per share in $6.6B cash deal with Thoma Bravo</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\">\nStamps.com shares surges 14% in premarket trading,as going private at $330 per share in $6.6B cash deal with Thoma Bravo\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\">2021-07-09 19:58</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Stamps.com&nbsp;shares&nbsp;surges&nbsp;14%&nbsp;in&nbsp;premarket&nbsp;trading,as&nbsp;going private at $330 per share in $6.6B cash deal with Thoma Bravo.</p>\n<p><img src=\"https://static.tigerbbs.com/04f161f070e63ab83519e4d884ce773d\" tg-width=\"1272\" tg-height=\"604\" referrerpolicy=\"no-referrer\"></p>\n<ul>\n <li>Stamps.com(NASDAQ:STMP)stockholders toreceive $330.00 per share in cash.</li>\n <li>The offer price per share represents a&nbsp;<b>premium of 66.9% over Stamps.com's closing share price</b>&nbsp;on July 08, 2021.</li>\n <li>Stamps.com’s Board of Directors has unanimously approved the agreement with Thoma Bravo.</li>\n <li>Post-completion, Stamps.com will become a private company with the flexibility and resources to provide global e-commerce technology solutions.</li>\n <li>Additionally, Stamps.com will benefit from the operating capabilities, capital support, and deep sector expertise of Thoma Bravo.</li>\n <li>The agreement includes a 40-day “go-shop” period expiring August 18, 2021, allowing the Board and its advisors to actively initiate, solicit and consider alternative acquisition proposals from third parties.</li>\n <li>The transaction is expected to close in Q3'21, subject to customary closing conditions, including approval by Stamps.com stockholders and receipt of regulatory approvals.</li>\n <li>Stamps.com to resume trading at 8 a.m. ET</li>\n</ul>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STMP":"Stamps.com Inc"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1132560832","content_text":"Stamps.com shares surges 14% in premarket trading,as going private at $330 per share in $6.6B cash deal with Thoma Bravo.\n\n\nStamps.com(NASDAQ:STMP)stockholders toreceive $330.00 per share in cash.\nThe offer price per share represents a premium of 66.9% over Stamps.com's closing share price on July 08, 2021.\nStamps.com’s Board of Directors has unanimously approved the agreement with Thoma Bravo.\nPost-completion, Stamps.com will become a private company with the flexibility and resources to provide global e-commerce technology solutions.\nAdditionally, Stamps.com will benefit from the operating capabilities, capital support, and deep sector expertise of Thoma Bravo.\nThe agreement includes a 40-day “go-shop” period expiring August 18, 2021, allowing the Board and its advisors to actively initiate, solicit and consider alternative acquisition proposals from third parties.\nThe transaction is expected to close in Q3'21, subject to customary closing conditions, including approval by Stamps.com stockholders and receipt of regulatory approvals.\nStamps.com to resume trading at 8 a.m. ET","news_type":1},"isVote":1,"tweetType":1,"viewCount":30,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":154373031,"gmtCreate":1625484839623,"gmtModify":1633940298409,"author":{"id":"3585780555170064","authorId":"3585780555170064","authorIdStr":"3585780555170064","name":"Venkisakthi","avatar":"https://static.tigerbbs.com/3ec08c0f381636758efa60d454734dc0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585780555170064"},"themes":[],"htmlText":"Thanks for letting us know upfront ..","listText":"Thanks for letting us know upfront ..","text":"Thanks for letting us know upfront ..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/154373031","repostId":"1109703914","repostType":4,"repost":{"id":"1109703914","pubTimestamp":1625464355,"share":"https://www.laohu8.com/m/news/1109703914?lang=&edition=full","pubTime":"2021-07-05 13:52","market":"us","language":"en","title":"Is the Stock Market Open or Closed on Independence Day?","url":"https://stock-news.laohu8.com/highlight/detail?id=1109703914","media":"Thestreet","summary":"Independence Day in the U.S. is for many a picnic-and-beach day. But July 4 this year falls on a Sunday, which in the United States isn't a trading day.So will the major markets open or close for the holiday?The New York Stock Exchange and the Nasdaq will, in fact, be closed on Monday, July 5, to celebrate Independence Day.It's one of nine full-closing daysfor the stock market this year.For instance, the stock market will close for Thanksgiving on Thursday, Nov. 25. On Friday, Nov. 26, trading i","content":"<p>Independence Day in the U.S. is for many a picnic-and-beach day. But July 4 this year falls on a Sunday, which in the United States isn't a trading day.</p>\n<p>So will the major markets open or close for the holiday?</p>\n<p>The New York Stock Exchange and the Nasdaq will, in fact, be closed on Monday, July 5, to celebrate Independence Day.</p>\n<p>It's&nbsp;one of nine full-closing daysfor the stock market this year.</p>\n<p>For instance, the stock market will close for Thanksgiving on Thursday, Nov. 25. On Friday, Nov. 26, trading is scheduled for a bit more than a half-day, 9:30 a.m. to 1 p.m. ET.</p>\n<p>Normal stock-trading hours run 9:30 a.m. to 4 p.m. ET.</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>Is the Stock Market Open or Closed on Independence Day?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs the Stock Market Open or Closed on Independence Day?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-05 13:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/investing/independence-day-stock-markets-trading-hours><strong>Thestreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Independence Day in the U.S. is for many a picnic-and-beach day. But July 4 this year falls on a Sunday, which in the United States isn't a trading day.\nSo will the major markets open or close for the...</p>\n\n<a href=\"https://www.thestreet.com/investing/independence-day-stock-markets-trading-hours\">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",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.thestreet.com/investing/independence-day-stock-markets-trading-hours","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109703914","content_text":"Independence Day in the U.S. is for many a picnic-and-beach day. But July 4 this year falls on a Sunday, which in the United States isn't a trading day.\nSo will the major markets open or close for the holiday?\nThe New York Stock Exchange and the Nasdaq will, in fact, be closed on Monday, July 5, to celebrate Independence Day.\nIt's one of nine full-closing daysfor the stock market this year.\nFor instance, the stock market will close for Thanksgiving on Thursday, Nov. 25. On Friday, Nov. 26, trading is scheduled for a bit more than a half-day, 9:30 a.m. to 1 p.m. ET.\nNormal stock-trading hours run 9:30 a.m. to 4 p.m. ET.","news_type":1},"isVote":1,"tweetType":1,"viewCount":73,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":152515087,"gmtCreate":1625311350849,"gmtModify":1633941552101,"author":{"id":"3585780555170064","authorId":"3585780555170064","authorIdStr":"3585780555170064","name":"Venkisakthi","avatar":"https://static.tigerbbs.com/3ec08c0f381636758efa60d454734dc0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585780555170064"},"themes":[],"htmlText":"I hope it will turn around..","listText":"I hope it will turn around..","text":"I hope it will turn around..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/152515087","repostId":"1146176335","repostType":4,"repost":{"id":"1146176335","pubTimestamp":1625277627,"share":"https://www.laohu8.com/m/news/1146176335?lang=&edition=full","pubTime":"2021-07-03 10:00","market":"us","language":"en","title":"Can Alibaba Turn Around Its Woes in the Second Half of 2021?","url":"https://stock-news.laohu8.com/highlight/detail?id=1146176335","media":"The Street","summary":"Alibaba has been a sore laggard compared with its large- and mega-cap peers. Can that change in the second half of 2021?Alibaba  -Get Report has been a total dog so far this year. Shares were trading well into the fourth quarter of 2020 but then a string of issues pummeled the stock.Regulators disrupted Ant's initial public offering, then dug deeper on Alibaba and dialed up the heat.Investors don’t like regulatory issues as it is but particularly when we’re dealing with Chinese regulators.Howeve","content":"<blockquote>\n Alibaba has been a sore laggard compared with its large- and mega-cap peers. Can that change in the second half of 2021?\n</blockquote>\n<p>Alibaba&nbsp;(<b>BABA</b>) -Get Report&nbsp;has been a total dog so far this year. Shares were trading well into the fourth quarter of 2020 but then a string of issues pummeled the stock.</p>\n<p>Regulators disrupted Ant's initial public offering, then dug deeper on Alibaba and dialed up the heat.</p>\n<p>Investors don’t like regulatory issues as it is but particularly when we’re dealing with Chinese regulators.</p>\n<p>However, in April, Alibaba paid a smaller-than-expectedbut still record fine, hoping to puts its regulatory issues behind it. Still, the stock hasn’t responded the way bulls were hoping.</p>\n<p>All of this comes as the S&amp;P 500 and Nasdaq continue to grind outnew all-time highs.</p>\n<p>It also comes as FAANG stocks continue to trade incredibly well. Alphabet&nbsp;(<b>GOOGL</b>) -Get Reportis the top performerwith a near-40% gain in the first half of the year, while Netflix&nbsp;(<b>NFLX</b>) -Get Report&nbsp;is the worst, with a 2.3% drop.</p>\n<p>Alibaba has a similar first-half performance, down 2.6%. However, it’s doing far worse from the highs, down more than 30%.</p>\n<p>Can it turn around its woes in the second half and start rallying higher?</p>\n<p><img src=\"https://static.tigerbbs.com/9975f383919ff8cfc34fca49a32d8e8f\" tg-width=\"700\" tg-height=\"494\"></p>\n<p>Call me a hopeless optimist, but I feel that Alibaba can have a solid second-half performance.</p>\n<p>The overall market has done too well and so has large-cap tech. The fundamentals of the business are intact and growth is strong. It’s like Amazon&nbsp;(<b>AMZN</b>) -Get Report.Eventually, it will perform better&nbsp;- it’s a question of “when” and not “if.”</p>\n<p>Shares continue to hold the $210 to $212 area and have recently cleared downtrend resistance (blue line). That said, there’s plenty of overhead hurdles.</p>\n<p>Specifically, Alibaba stock is struggling with the 21-week moving average, as well as the 21-month and 10-month moving averages.</p>\n<p>Let’s be clear: There are not a lot of bullish technical components here. If Alibaba stock could hold the 10-week moving average on this week’s dip, I’d feel better about it.</p>\n<p>However, as long as it can hold up over the $210 level and really, the 200-week moving average, I feel okay about Alibaba going into the next six months.</p>\n<p>A push over $235 - thus putting it over all of the moving average hurdles mentioned above - could open up a run to $250, then $263. Above $275 and $300 is in play.</p>\n<p>Keep the risk in mind but this could be a solid second-half rebound play.</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>Can Alibaba Turn Around Its Woes in the Second Half of 2021?</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\">\nCan Alibaba Turn Around Its Woes in the Second Half of 2021?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-03 10:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/investing/alibaba-baba-stock-second-half-2021-trading?puc=yahoo&cm_ven=YAHOO><strong>The Street</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Alibaba has been a sore laggard compared with its large- and mega-cap peers. Can that change in the second half of 2021?\n\nAlibaba (BABA) -Get Report has been a total dog so far this year. Shares were ...</p>\n\n<a href=\"https://www.thestreet.com/investing/alibaba-baba-stock-second-half-2021-trading?puc=yahoo&cm_ven=YAHOO\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","09618":"京东集团-SW"},"source_url":"https://www.thestreet.com/investing/alibaba-baba-stock-second-half-2021-trading?puc=yahoo&cm_ven=YAHOO","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146176335","content_text":"Alibaba has been a sore laggard compared with its large- and mega-cap peers. Can that change in the second half of 2021?\n\nAlibaba (BABA) -Get Report has been a total dog so far this year. Shares were trading well into the fourth quarter of 2020 but then a string of issues pummeled the stock.\nRegulators disrupted Ant's initial public offering, then dug deeper on Alibaba and dialed up the heat.\nInvestors don’t like regulatory issues as it is but particularly when we’re dealing with Chinese regulators.\nHowever, in April, Alibaba paid a smaller-than-expectedbut still record fine, hoping to puts its regulatory issues behind it. Still, the stock hasn’t responded the way bulls were hoping.\nAll of this comes as the S&P 500 and Nasdaq continue to grind outnew all-time highs.\nIt also comes as FAANG stocks continue to trade incredibly well. Alphabet (GOOGL) -Get Reportis the top performerwith a near-40% gain in the first half of the year, while Netflix (NFLX) -Get Report is the worst, with a 2.3% drop.\nAlibaba has a similar first-half performance, down 2.6%. However, it’s doing far worse from the highs, down more than 30%.\nCan it turn around its woes in the second half and start rallying higher?\n\nCall me a hopeless optimist, but I feel that Alibaba can have a solid second-half performance.\nThe overall market has done too well and so has large-cap tech. The fundamentals of the business are intact and growth is strong. It’s like Amazon (AMZN) -Get Report.Eventually, it will perform better - it’s a question of “when” and not “if.”\nShares continue to hold the $210 to $212 area and have recently cleared downtrend resistance (blue line). That said, there’s plenty of overhead hurdles.\nSpecifically, Alibaba stock is struggling with the 21-week moving average, as well as the 21-month and 10-month moving averages.\nLet’s be clear: There are not a lot of bullish technical components here. If Alibaba stock could hold the 10-week moving average on this week’s dip, I’d feel better about it.\nHowever, as long as it can hold up over the $210 level and really, the 200-week moving average, I feel okay about Alibaba going into the next six months.\nA push over $235 - thus putting it over all of the moving average hurdles mentioned above - could open up a run to $250, then $263. Above $275 and $300 is in play.\nKeep the risk in mind but this could be a solid second-half rebound play.","news_type":1},"isVote":1,"tweetType":1,"viewCount":15,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":152512579,"gmtCreate":1625311207291,"gmtModify":1633941552465,"author":{"id":"3585780555170064","authorId":"3585780555170064","authorIdStr":"3585780555170064","name":"Venkisakthi","avatar":"https://static.tigerbbs.com/3ec08c0f381636758efa60d454734dc0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585780555170064"},"themes":[],"htmlText":"&nbsp;Cool..&nbsp;","listText":"&nbsp;Cool..&nbsp;","text":"Cool..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/152512579","repostId":"1140994998","repostType":4,"repost":{"id":"1140994998","pubTimestamp":1625286969,"share":"https://www.laohu8.com/m/news/1140994998?lang=&edition=full","pubTime":"2021-07-03 12:36","market":"us","language":"en","title":"5 of the Best Tech Stocks to Buy for July","url":"https://stock-news.laohu8.com/highlight/detail?id=1140994998","media":"yahoo","summary":"Tech stocks are back on the upswing.\nIt was a rough spring for the technology sector, as traders ins","content":"<p>Tech stocks are back on the upswing.</p>\n<p>It was a rough spring for the technology sector, as traders instead turned their attention to reopening stocks along withcryptocurrenciesand meme plays. However, now crypto has plunged and reopening stocks are taking on water as well amid a surge in COVID-19 virus variants.</p>\n<p>A recent Federal Reserve decision caused a big swing in interest rates, which has led to investors selling value stocks and buying growth stocks instead. As if that weren't enough, tech got another boost this week as a federal court blocked a key antitrust lawsuit against <a href=\"https://laohu8.com/S/FB\">Facebook</a> (ticker:FB). This has seemingly given the green light to other large tech companies to keep expanding their businesses as well. With all that in place, this is shaping up to be a good summer for tech stocks, including these five in particular:</p>\n<ul>\n <li><a href=\"https://laohu8.com/S/FB\">Facebook</a> (FB)</li>\n <li><a href=\"https://laohu8.com/S/GOOG\">Alphabet</a> (GOOG,GOOGL)</li>\n <li><a href=\"https://laohu8.com/S/BLKB\">Blackbaud</a> (BLKB)</li>\n <li><a href=\"https://laohu8.com/S/JKHY\">Jack Henry &amp; Associates</a> (JKHY)</li>\n <li><a href=\"https://laohu8.com/S/TXN\">Texas Instruments</a> (TXN)</li>\n</ul>\n<p><b>Facebook (FB)</b></p>\n<p>In late June, a federal court dismissed antitrust charges against Facebook. The Federal Trade Commission (FTC) had claimed that Facebook was acting as a monopoly in social media. The FTC, if it had its way, would have tried to force Facebook to divest its other pivotal holdings, including WhatsApp and Instagram, to create a more competitive social media landscape.</p>\n<p>However, the federal court said the FTC failed to prove that Facebook was a monopoly. Facebook stock popped on the news and topped a $1 trillion valuation for the first time.</p>\n<p>Arguably, however, the stock should be up a lot more. Shares are still trading for just 23 times forward earnings while analysts forecast nearly 20% annual revenue growth in 2022 and 2023. Now, with the threat of government intervention gone, Facebook is even more compelling.</p>\n<p><b><a href=\"https://laohu8.com/S/GOOGL\">Alphabet</a> (GOOG,GOOGL)</b></p>\n<p>The court's ruling has broader implications. While Facebook was the target in that case, it's no secret that regulators have been looking at most of the tech titans as potential monopolies, perhaps none more than Alphabet.</p>\n<p>Google's search business has massive market share in online advertising. And the search business is hooked into its operating system and applications such as Gmail to extend its reach. Google's other ventures, such asself-driving carsubsidiary Waymo, could extend Google's domain into next-generation technology as well.</p>\n<p>In announcing a lawsuit against Alphabet last year, Texas' attorney general said that \"if the free market were a baseball game, Google positioned itself as the pitcher, the batter and the umpire.\" Now, however, with Facebook clear of antitrust concerns, it sets a precedent for Google to avoid a major regulatory punishment as well.</p>\n<p>Alphabet stock isn't as cheap as Facebook, but at 26 times forward earnings and approximately 15% projected annual revenue growth, it has earned its spot as <a href=\"https://laohu8.com/S/AONE\">one</a> of the best tech stocks to buy now.</p>\n<p><b>Blackbaud (BLKB)</b></p>\n<p>Blackbaud is a software company focused on charitable organization and K-12 schools. Its primary business is in providing software for charities to receive payments and manage their relationships with donors. The company estimates that 25% of charitable giving in 2020 occurred via Blackbaud's platform.</p>\n<p>Charitable giving was disrupted in 2020 due to the pandemic, though some organizations saw an uptick in activity as people donated in the wake of the twin tragedies of theeconomic recessionand health crisis. Still, 2020 wasn't a great year for Blackbaud. More broadly, Blackbaud has been in transition from on-premise software to a subscription cloud offering.</p>\n<p>Such transitions in tech stocks are often met with stock price weakness as investors grapple with less upfront revenue from the subscription model. That creates opportunity now, however, to buy a leading niche software player at less than 26 times forward earnings with a reopening tailwind as charities can start having in-person events once again.</p>\n<p><b>Jack Henry (JKHY)</b></p>\n<p>Jack Henry is a leading payment processing and informationtechnology company; its main clients are banks and credit unions. The company has an extremely stable business that barely missed a beat even during the financial crisis. Since then, Jack Henry stock has gone up more than 500% thanks to steady growth in the overall demand for payments and financial services.</p>\n<p>That said, Jack Henry stock has gone flat as investors fret over the health of the banking and financial system in the COVID-19 era. More recently, it has become apparent that credit-quality concerns didn't end up causing much material harm to banks. As the economy is picking up in 2021, the banks are roaring back; financials have been <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the top-performing sectors this year.</p>\n<p>With that risk now off the table, Jack Henry is primed to follow suit and blast off to new all-time highs. In addition, the company earns a significant chunk of high-margin business from mergers and acquisitions (M&amp;A) activity in the banking sector. Withbank stockssoaring, M&amp;A is on the rise, and this should directly boost Jack Henry's earnings.</p>\n<p><b>Texas Instruments (TXN)</b></p>\n<p>Texas Instruments is the leader in analogsemiconductor chips. This is a business that focuses on taking real-world parameters such as weather information and converting it into data for digital use. This line of chips is increasingly important as the Internet of Things grows and more devices than ever are online.</p>\n<p>Texas Instruments is making a particularly big push in smart cars, and should sell a large chunk of the chipsets that end up going into autonomous vehicles. In late June, Texas Instruments also announced that it's buying a fabricating unit in Utah from <a href=\"https://laohu8.com/S/MU\">Micron Technology</a> (MU) for $900 million as the company continues to execute on its growth plan.</p>\n<p>Texas Instruments is benefiting from the current semiconductor shortage, which puts it in a good position for better pricing and profit margins going forward. The company has a prodigious growth record, having tripled its earnings per share over the past decade. Now, it trades for just 24 times forward earnings, which is quite reasonable in a bull market for the industry.</p>","source":"lsy1584348713084","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>5 of the Best Tech Stocks to Buy for July</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\">\n5 of the Best Tech Stocks to Buy for July\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-03 12:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/5-best-tech-stocks-buy-171937180.html><strong>yahoo</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tech stocks are back on the upswing.\nIt was a rough spring for the technology sector, as traders instead turned their attention to reopening stocks along withcryptocurrenciesand meme plays. However, ...</p>\n\n<a href=\"https://finance.yahoo.com/news/5-best-tech-stocks-buy-171937180.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BLKB":"布莱克波特科技","GOOGL":"谷歌A","TXN":"德州仪器","GOOG":"谷歌","JKHY":"杰克亨利"},"source_url":"https://finance.yahoo.com/news/5-best-tech-stocks-buy-171937180.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1140994998","content_text":"Tech stocks are back on the upswing.\nIt was a rough spring for the technology sector, as traders instead turned their attention to reopening stocks along withcryptocurrenciesand meme plays. However, now crypto has plunged and reopening stocks are taking on water as well amid a surge in COVID-19 virus variants.\nA recent Federal Reserve decision caused a big swing in interest rates, which has led to investors selling value stocks and buying growth stocks instead. As if that weren't enough, tech got another boost this week as a federal court blocked a key antitrust lawsuit against Facebook (ticker:FB). This has seemingly given the green light to other large tech companies to keep expanding their businesses as well. With all that in place, this is shaping up to be a good summer for tech stocks, including these five in particular:\n\nFacebook (FB)\nAlphabet (GOOG,GOOGL)\nBlackbaud (BLKB)\nJack Henry & Associates (JKHY)\nTexas Instruments (TXN)\n\nFacebook (FB)\nIn late June, a federal court dismissed antitrust charges against Facebook. The Federal Trade Commission (FTC) had claimed that Facebook was acting as a monopoly in social media. The FTC, if it had its way, would have tried to force Facebook to divest its other pivotal holdings, including WhatsApp and Instagram, to create a more competitive social media landscape.\nHowever, the federal court said the FTC failed to prove that Facebook was a monopoly. Facebook stock popped on the news and topped a $1 trillion valuation for the first time.\nArguably, however, the stock should be up a lot more. Shares are still trading for just 23 times forward earnings while analysts forecast nearly 20% annual revenue growth in 2022 and 2023. Now, with the threat of government intervention gone, Facebook is even more compelling.\nAlphabet (GOOG,GOOGL)\nThe court's ruling has broader implications. While Facebook was the target in that case, it's no secret that regulators have been looking at most of the tech titans as potential monopolies, perhaps none more than Alphabet.\nGoogle's search business has massive market share in online advertising. And the search business is hooked into its operating system and applications such as Gmail to extend its reach. Google's other ventures, such asself-driving carsubsidiary Waymo, could extend Google's domain into next-generation technology as well.\nIn announcing a lawsuit against Alphabet last year, Texas' attorney general said that \"if the free market were a baseball game, Google positioned itself as the pitcher, the batter and the umpire.\" Now, however, with Facebook clear of antitrust concerns, it sets a precedent for Google to avoid a major regulatory punishment as well.\nAlphabet stock isn't as cheap as Facebook, but at 26 times forward earnings and approximately 15% projected annual revenue growth, it has earned its spot as one of the best tech stocks to buy now.\nBlackbaud (BLKB)\nBlackbaud is a software company focused on charitable organization and K-12 schools. Its primary business is in providing software for charities to receive payments and manage their relationships with donors. The company estimates that 25% of charitable giving in 2020 occurred via Blackbaud's platform.\nCharitable giving was disrupted in 2020 due to the pandemic, though some organizations saw an uptick in activity as people donated in the wake of the twin tragedies of theeconomic recessionand health crisis. Still, 2020 wasn't a great year for Blackbaud. More broadly, Blackbaud has been in transition from on-premise software to a subscription cloud offering.\nSuch transitions in tech stocks are often met with stock price weakness as investors grapple with less upfront revenue from the subscription model. That creates opportunity now, however, to buy a leading niche software player at less than 26 times forward earnings with a reopening tailwind as charities can start having in-person events once again.\nJack Henry (JKHY)\nJack Henry is a leading payment processing and informationtechnology company; its main clients are banks and credit unions. The company has an extremely stable business that barely missed a beat even during the financial crisis. Since then, Jack Henry stock has gone up more than 500% thanks to steady growth in the overall demand for payments and financial services.\nThat said, Jack Henry stock has gone flat as investors fret over the health of the banking and financial system in the COVID-19 era. More recently, it has become apparent that credit-quality concerns didn't end up causing much material harm to banks. As the economy is picking up in 2021, the banks are roaring back; financials have been one of the top-performing sectors this year.\nWith that risk now off the table, Jack Henry is primed to follow suit and blast off to new all-time highs. In addition, the company earns a significant chunk of high-margin business from mergers and acquisitions (M&A) activity in the banking sector. Withbank stockssoaring, M&A is on the rise, and this should directly boost Jack Henry's earnings.\nTexas Instruments (TXN)\nTexas Instruments is the leader in analogsemiconductor chips. This is a business that focuses on taking real-world parameters such as weather information and converting it into data for digital use. This line of chips is increasingly important as the Internet of Things grows and more devices than ever are online.\nTexas Instruments is making a particularly big push in smart cars, and should sell a large chunk of the chipsets that end up going into autonomous vehicles. In late June, Texas Instruments also announced that it's buying a fabricating unit in Utah from Micron Technology (MU) for $900 million as the company continues to execute on its growth plan.\nTexas Instruments is benefiting from the current semiconductor shortage, which puts it in a good position for better pricing and profit margins going forward. The company has a prodigious growth record, having tripled its earnings per share over the past decade. Now, it trades for just 24 times forward earnings, which is quite reasonable in a bull market for the industry.","news_type":1},"isVote":1,"tweetType":1,"viewCount":17,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":156764523,"gmtCreate":1625237378962,"gmtModify":1633942175236,"author":{"id":"3585780555170064","authorId":"3585780555170064","authorIdStr":"3585780555170064","name":"Venkisakthi","avatar":"https://static.tigerbbs.com/3ec08c0f381636758efa60d454734dc0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585780555170064"},"themes":[],"htmlText":"Amazon cloud would miss a big customer","listText":"Amazon cloud would miss a big customer","text":"Amazon cloud would miss a big customer","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/156764523","repostId":"2148803897","repostType":4,"repost":{"id":"2148803897","pubTimestamp":1625236211,"share":"https://www.laohu8.com/m/news/2148803897?lang=&edition=full","pubTime":"2021-07-02 22:30","market":"us","language":"en","title":"Apple Could Become Google's Biggest Cloud Customer","url":"https://stock-news.laohu8.com/highlight/detail?id=2148803897","media":"Motley Fool","summary":"Apple could increase its spending on Google Cloud by 50% this year.","content":"<p><b>Apple</b> (NASDAQ:AAPL) and <b>Alphabet</b>'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google compete against each other in mobile operating systems, smartphones, smart speakers, streaming media services, digital payments, and other growing markets. However, Apple is also <a href=\"https://laohu8.com/S/AONE\">one</a> of Google's top customers.</p>\n<p>Five years ago, Apple signed a deal with Google Cloud to host some of its iCloud services. The details weren't disclosed, but it was considered a loss for <b>Amazon</b> (NASDAQ:AMZN) Web Services (AWS) and <b>Microsoft</b>'s (NASDAQ:MSFT) Azure, which previously hosted most of Apple's iCloud services.</p>\n<p>Many people wondered if the deal would last. However, digital media newssite <i>The Information </i>recently claimed Apple would boost its spending on Google Cloud by 50% this year and become Google's largest enterprise cloud storage customer. Let's see what this expanded deal could mean for both tech giants.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cc0db7aae99872ee508b75351882fff1\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<h2>Why doesn't Apple build its own cloud platform?</h2>\n<p>Back in 2016, a <i>Re/code</i> report claimed Apple was mulling the development of its own cloud infrastructure platform and estimated it could break even on its own data centers in \"about three years.\"</p>\n<p>That cloud independence would eliminate Apple's dependence on Amazon, Microsoft, and Google, which all compete against Apple in certain markets. It could also support its expansion into next-gen industries, including connected cars, augmented reality devices, and smart home appliances.</p>\n<p>However, Apple also has tremendous bargaining power in securing favorable contracts with the big three cloud platforms. Just as it splits its component orders and manufacturing contracts between different companies, Apple can shop around for the best cloud hosting deals.</p>\n<p>Apple also charges users fees for additional iCloud storage. So as long as that incoming revenue offsets its cloud hosting payments to Google Cloud, AWS, and Azure, it might be more economical to maintain the status quo instead of building a first-party cloud infrastructure platform.</p>\n<p><i>The Information</i> claims Apple will spend about $300 million on Google's cloud storage services this year -- but that would only equal 0.08% of Apple's estimated revenue this year.</p>\n<h2>Will higher spending from Apple actually help Google?</h2>\n<p>Google Cloud's revenue rose 53% to $8.9 billion in 2019 and grew 46% to $13.1 billion -- or 7% of Alphabet's top line -- in 2020. That robust growth was supported by a growing list of customers, including <b>Target</b>, <b>Home Depot</b>, <b>P&amp;G</b>, <b><a href=\"https://laohu8.com/S/PYPL\">PayPal</a></b>, and<b> <a href=\"https://laohu8.com/S/TWTR\">Twitter</a></b>.</p>\n<p>Many retailers didn't want to feed Amazon's most profitable business unit, while some tech companies didn't want to tether themselves to Microsoft's sprawling software ecosystem. For those enterprise customers, Google Cloud seemed to be an attractive alternative.</p>\n<p>However, Google Cloud controlled just 7% of the global cloud infrastructure market in the first quarter of 2021, according to Canalys. AWS controlled 32% of the market, while Azure ranked second with a 19% share.</p>\n<p>Google Cloud also isn't profitable yet. Its operating loss widened from $4.3 billion in 2018 to $4.6 billion in 2019, then widened again to $5.6 billion in 2020. AWS is consistently profitable, while Microsoft doesn't disclose Azure's exact revenue or operating profits.</p>\n<p>These numbers suggest Apple would likely secure the cheapest cloud hosting rates from Google, which needs to gain more partnerships to keep pace with AWS and Azure. That might be great news for Apple, but bad news for Google Cloud's operating profits.</p>\n<h2>The key takeaways</h2>\n<p><i>The Information</i> claims Apple's increased cloud spending could make it Google Cloud's \"largest\" corporate client, but $300 million only equals 2% of Google's total cloud revenue last year. Apple is still likely hosting a lot of its iCloud services on AWS and Azure, so the report doesn't necessarily mean Google Cloud will become Apple's preferred cloud provider.</p>\n<p>Instead, this report indicates it's smarter for Apple to pit the three cloud platform kings against each other to gain favorable hosting prices than it is to build its own cloud infrastructure. It also suggests that Google Cloud -- which likely has significantly less pricing power than AWS and Azure -- could remain unprofitable for the foreseeable future.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Could Become Google's Biggest Cloud Customer</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 Could Become Google's Biggest Cloud Customer\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-02 22:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/07/02/apple-could-become-google-biggest-cloud-customer/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple (NASDAQ:AAPL) and Alphabet's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google compete against each other in mobile operating systems, smartphones, smart speakers, streaming media services, digital payments, ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/02/apple-could-become-google-biggest-cloud-customer/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOGL":"谷歌A","GOOG":"谷歌","AAPL":"苹果"},"source_url":"https://www.fool.com/investing/2021/07/02/apple-could-become-google-biggest-cloud-customer/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2148803897","content_text":"Apple (NASDAQ:AAPL) and Alphabet's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google compete against each other in mobile operating systems, smartphones, smart speakers, streaming media services, digital payments, and other growing markets. However, Apple is also one of Google's top customers.\nFive years ago, Apple signed a deal with Google Cloud to host some of its iCloud services. The details weren't disclosed, but it was considered a loss for Amazon (NASDAQ:AMZN) Web Services (AWS) and Microsoft's (NASDAQ:MSFT) Azure, which previously hosted most of Apple's iCloud services.\nMany people wondered if the deal would last. However, digital media newssite The Information recently claimed Apple would boost its spending on Google Cloud by 50% this year and become Google's largest enterprise cloud storage customer. Let's see what this expanded deal could mean for both tech giants.\nImage source: Getty Images.\nWhy doesn't Apple build its own cloud platform?\nBack in 2016, a Re/code report claimed Apple was mulling the development of its own cloud infrastructure platform and estimated it could break even on its own data centers in \"about three years.\"\nThat cloud independence would eliminate Apple's dependence on Amazon, Microsoft, and Google, which all compete against Apple in certain markets. It could also support its expansion into next-gen industries, including connected cars, augmented reality devices, and smart home appliances.\nHowever, Apple also has tremendous bargaining power in securing favorable contracts with the big three cloud platforms. Just as it splits its component orders and manufacturing contracts between different companies, Apple can shop around for the best cloud hosting deals.\nApple also charges users fees for additional iCloud storage. So as long as that incoming revenue offsets its cloud hosting payments to Google Cloud, AWS, and Azure, it might be more economical to maintain the status quo instead of building a first-party cloud infrastructure platform.\nThe Information claims Apple will spend about $300 million on Google's cloud storage services this year -- but that would only equal 0.08% of Apple's estimated revenue this year.\nWill higher spending from Apple actually help Google?\nGoogle Cloud's revenue rose 53% to $8.9 billion in 2019 and grew 46% to $13.1 billion -- or 7% of Alphabet's top line -- in 2020. That robust growth was supported by a growing list of customers, including Target, Home Depot, P&G, PayPal, and Twitter.\nMany retailers didn't want to feed Amazon's most profitable business unit, while some tech companies didn't want to tether themselves to Microsoft's sprawling software ecosystem. For those enterprise customers, Google Cloud seemed to be an attractive alternative.\nHowever, Google Cloud controlled just 7% of the global cloud infrastructure market in the first quarter of 2021, according to Canalys. AWS controlled 32% of the market, while Azure ranked second with a 19% share.\nGoogle Cloud also isn't profitable yet. Its operating loss widened from $4.3 billion in 2018 to $4.6 billion in 2019, then widened again to $5.6 billion in 2020. AWS is consistently profitable, while Microsoft doesn't disclose Azure's exact revenue or operating profits.\nThese numbers suggest Apple would likely secure the cheapest cloud hosting rates from Google, which needs to gain more partnerships to keep pace with AWS and Azure. That might be great news for Apple, but bad news for Google Cloud's operating profits.\nThe key takeaways\nThe Information claims Apple's increased cloud spending could make it Google Cloud's \"largest\" corporate client, but $300 million only equals 2% of Google's total cloud revenue last year. Apple is still likely hosting a lot of its iCloud services on AWS and Azure, so the report doesn't necessarily mean Google Cloud will become Apple's preferred cloud provider.\nInstead, this report indicates it's smarter for Apple to pit the three cloud platform kings against each other to gain favorable hosting prices than it is to build its own cloud infrastructure. It also suggests that Google Cloud -- which likely has significantly less pricing power than AWS and Azure -- could remain unprofitable for the foreseeable future.","news_type":1},"isVote":1,"tweetType":1,"viewCount":62,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":151002987,"gmtCreate":1625055316649,"gmtModify":1633945409251,"author":{"id":"3585780555170064","authorId":"3585780555170064","authorIdStr":"3585780555170064","name":"Venkisakthi","avatar":"https://static.tigerbbs.com/3ec08c0f381636758efa60d454734dc0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585780555170064"},"themes":[],"htmlText":"Sure..","listText":"Sure..","text":"Sure..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/151002987","repostId":"1181301986","repostType":4,"repost":{"id":"1181301986","pubTimestamp":1625043232,"share":"https://www.laohu8.com/m/news/1181301986?lang=&edition=full","pubTime":"2021-06-30 16:53","market":"us","language":"en","title":"Cloudflare Is Much More Scalable Than You Think","url":"https://stock-news.laohu8.com/highlight/detail?id=1181301986","media":"seekingalpha","summary":"Summary\n\nWe think Cloudflare’s business model has not been well understood by investors.\nWhile Cloud","content":"<p><b>Summary</b></p>\n<ul>\n <li>We think Cloudflare’s business model has not been well understood by investors.</li>\n <li>While Cloudflare operates in the Content Delivery Networks space, it has never positioned itself as a CDN player.</li>\n <li>We present a clearer view of what Cloudflare represents, in order for investors to more appropriately appreciate the high scalability of the company’s business model.</li>\n <li>While we think Cloudflare is primed for outperformance even at the current price level, we would prefer to add further only at the next retracement.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5bd63105e871f3b7086e6743081853b5\" tg-width=\"1536\" tg-height=\"1022\"><span>Steve Jennings/Getty Images Entertainment</span></p>\n<p><b>Understanding Cloudflare's Business Model</b></p>\n<p>Cloudflare (NET) has come to be known as many things to different investors. We have seen investors classifying Cloudflare as a cloud or web security company, or a content delivery network [CDN], or an identity access management [IAM] company. The fact is, while Cloudflare is involved in all of those, the company actually has a much larger scale of operation. Cloudflare sees itself as “a networking company”, that “you have to think about [Cloudflare] almost like&nbsp;Cisco-as-a-service. Anything where you would have bought and acquired hardware on-premise, whether it's firewalls, routers, load balancers, VPNs, we offer this as a service from our network. And this network is masked by now.”</p>\n<p>In fact, CEO Matthew Prince emphasized:</p>\n<blockquote>\n So the reason that we picked the&nbsp;ticker symbol NET&nbsp;was because, fundamentally, what it is that we sell is the network that you plug into and then you don't have to worry about anything else. And so that's what we want to deliver. And so a piece of that is you want to make sure you have a fast network. A piece of that is you want to make sure you have a reliable network. But a big piece of that is you want to make sure that you have a network which is helping you solve the security problems that you have.\n</blockquote>\n<p>We think that one of the key reasons that Cloudflare wanted investors to clearly understand the company's scope of business is to allow investors to have the appropriate strategic view of the company’s still-expanding TAM, which the company highlighted has been expanding since its IPO in 2019. Although the company started with a TAM of $37B in 2019, which then saw it being revised upwards to $72B, and now the company is looking at a TAM of $100B over the next 3 years.</p>\n<p><b>Cloudflare is the Undisputed Market Leader in DDoS Protection</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c5a18d2b88858258dd3212a23e6a41c4\" tg-width=\"600\" tg-height=\"371\"><span>DDoS and bot protection software market share worldwide as of Apr 21. Data source: Datanyze</span></p>\n<p>While Cloudflare started with “load balancing, firewalling, DDoS mitigation services” and the company is the undisputed worldwide market leader in DDoS protection with an 81.4% market share, the company has moved swiftly to extend its TAM to VPN and&nbsp;remote browser isolation service&nbsp;(through its&nbsp;S2 Systems Corporation acquisition&nbsp;in Jan 20), targeting these two markets with&nbsp;Cloudflare for Teams, and thebrowser isolation servicewhich can also be added on to its Teams product. However, its third TAM extension in which the company planned to “disrupt the corporate network and Multiprotocol Label Switching [MPLS]” through itsCloudflare Magic Transitproduct by protecting companies' on-premise data centers which saw the company entering to disrupt the highly lucrative stronghold of \"the Ciscos (CSCO) of this worlds and Fortinets (FTNT) and Check Points (CHKP) and Palo Altos (PANW) and Riverbeds.\"</p>\n<p>Therefore, investors should be able to clearly appreciate the extremely high scalability of Cloudflare’s business model and its ambitions to take on the market’s biggest on-premise security players in their home ground. Magic Transit will be a key player in the company’s penetration of its enterprise segment as “the MPLS spend is a significant dollar item in the budgets of our customers” would help the company to build up its enterprise segment which has been growing rapidly.</p>\n<p><b>Rapidly Expanding Enterprise Segment</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fa220975bc1c2c02ff1e97a20a87a09d\" tg-width=\"600\" tg-height=\"371\"><span>Large / Enterprise customers trend. Data source: Company filings</span></p>\n<p>The company has certainly made tremendous inroads into the enterprise segment, which is now the company’s “fastest growing business”. While it may seem like its 945 enterprise customers as of Q1'21 (this segment has grown at a CAGR of 69% from Q1’18), pales in comparison to its customer total of 119,206, this segment now represents the majority of the company’s revenue as Cloudflare highlighted: “This is now 50%, a little bit more than 50% of our revenue.” In fact, the chart alone would not do full justice to the company’s ability in penetrating this segment as the larger paying customers within the enterprise segment have been growing even faster, as Cloudflare further added: “Let's look at customers that give us more than $500,000 or even more than $1 million a year, the larger the cohort, the faster the growth. So our largest cohort, so $1 million-plus customers, has been growing north of 70% now consistently over last the 7 quarters”</p>\n<p><b>Expansion of Products Helps to Sustain its DBNRR</b></p>\n<p>While investors may have been inundated with the number or scope of products or services that the company has been offering to its customers, Cloudflare highlighted that in fact, “first of all, the more products we have, the easier expansion becomes.” The company has of course been mindful of building products that provide significant value to its customers and have seen its customers move up the product adoption ladder rapidly over the years.</p>\n<p>Importantly, the company attaches a \"magic number\" to its customers’ product adoption: 4 products per customer. It emphasized that while at IPO 70% of its customers were using 4 products each, “that number has now moved far beyond 80%. And now more than 70% of the customers are using 5 products. So with the increase in the product portfolio, we've been able to sell more products to existing customers”</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3cc7b20c40180d118295622722286980\" tg-width=\"600\" tg-height=\"371\"><span>Dollar-based Net Retention Rate [DBNRR]. Data source: Company filings</span></p>\n<p>That has seen the company consistently maintaining its DBNRR over the years, while it posted its most impressive DBNRR of 123% over the last 3 years in Q1’21. While its DBNRR is in line with its SaaS peers median of 120%, we are confident that the company would continue to maintain a consistently high level of DBNRR as more and more of its customers adopt more products moving forward, “and with that, [leading to] the stickiness of the product and [having] the churn rates come down.”</p>\n<p><b>Cloudflare was Never Designed as a CDN</b></p>\n<p>Many investors often compared Cloudflare to Fastly (FSLY) as competitors in the content-delivery networks (CDN) space. While we think NET certainly competes in that space with FSLY, the company specifically wanted to remind investors that:</p>\n<blockquote>\n We were never designed as a CDN. We had to provide CDN-like functionalities in order to deliver security and performance-based products and services at the edge of our network. But CDN was a means to achieve that, but not the business model in itself. We are pricing our products differently. We have no usage -- or hardly any usage-based pricings. Even today, less than a low single digit of our revenue is variable billing-based. And of that, less than 1/3 is really bandwidth-driven.\n</blockquote>\n<p>We had recently highlighted in&nbsp;an article on FSLY&nbsp;and reminded investors that FSLY is not your typical SaaS model, as the company mainly derives its revenue from usage, rather than subscriptions. On the other hand, NET derives the majority of its revenue from subscriptions, and therefore the revenue model driving their respective businesses is entirely different.</p>\n<p>In fact, the unpredictable bandwidth cost of usage-based model was one of the key reasons why NET chose not to adopt a usage-based revenue model as the company wanted to focus on driving down costs for its customers with an offering that bills in a “predictable and reliable way”. Cloudflare’s priority would then turn to finding ways to “drive the cost of bandwidth to close to 0 over time” by making sure its “software-defined network could allow any server anywhere in our network to run any different function that we did and to be able to shift traffic around to deliver a level of efficiency that no one else has.”</p>\n<p>CEO Matthew Prince also succinctly added:</p>\n<blockquote>\n And so where I think a typical CDN company worries about things like how many people are going to tune into the Super Bowl and is the new show on Disney+ going to be popular or not, I spend my days worrying about what are the new cyber threats coming out of Russia or Iran, around the world and how do we stay in front of those. And so again, just completely different businesses.\n</blockquote>\n<p>Therefore, investors could be assured that those type of usage volatility that FSLY had endured whenever they lost a major customer like we saw inTikTokis unlikely to happen to NET, simply because Cloudflare doesn’t bill by usage, and therefore providing the kind or revenue visibility that we have come to expect of typical SaaS companies.</p>\n<p>However, Cloudflare’s subscriptions-based revenue model is not without its inherent disadvantage as compared to FSLY’s usage-based billing model whenever there’s a huge surge in its customers’ usage, like what the company experienced last year during the throes of the pandemic:</p>\n<blockquote>\n All of a sudden, we saw this dramatic uptick and a dramatic spike in the amount of bandwidth that people were using across our services. And unlike traditional CDNs, we couldn't just pass those costs on to our customers. And so those actually, I think, were pretty substantial headwinds to us, and I'm proud of our team for really adjusting, solving customers' problems, focusing on expanding our existing customers and making them bigger customers and getting more efficient over time. And so I think that what were headwinds for us are turning into tailwinds now, where we're seeing the sort of bandwidth usage plateauing, which is attractive for kind of our cost side of our business.\n</blockquote>\n<p><b>Cloudflare's Excellent Margins</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/94dc84122254553246848c5eee09615d\" tg-width=\"1280\" tg-height=\"727\"><span>NET and FSLY Gross margin. Data source: S&amp;P Capital IQ</span></p>\n<p>While the company had to deal with the dramatic increased bandwidth costs that its subscriptions model wasn’t designed for in the first place last year, it had still managed to maintain its gross margins consistently north of 75% over time, which easily outperformed FSLY’s usage-based revenue model. We believe the company’s full suite of networking products has helped the company to strongly diversify its revenue base, which lends further credence to the superb execution of the company’s business model across multiple markets and industry verticals, strengthening its revenue resilience against any unexpected slowdown or unanticipated costs surge. If investors were to coin Cloudflare as a “Jack of all trades”, we think it may be apt to call it a “master of all” as well.</p>\n<p><b>Expected to Turn EBIT and FCF Profitable</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7f441756caaca11d36431b00ab64f090\" tg-width=\"1280\" tg-height=\"678\"><span>NET projected revenue mean consensus and projected YoY revenue growth. Data source: S&amp;P Capital IQ</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/eec9b55dc6e235a1304a54224c0f90b7\" tg-width=\"1280\" tg-height=\"711\"><span>NET projected EBIT margin and projected unlevered FCF margin. Data source: S&amp;P Capital IQ</span></p>\n<p>Even though NET has yet to achieve FCF and EBIT profitability, the company has guided for a long-term operating margin of 20%, which in our model we think is highly achievable over time as we projected the company to achieve an EBIT margin of 15.7% by the end of FY 25 especially when the company is still expected to post rapid revenue growth north of 30% in the years ahead.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c617eade5b53ed1383b6438691464f52\" tg-width=\"1280\" tg-height=\"711\"><span>NET LTM SG&amp;A margin. Data source: S&amp;P Capital IQ</span></p>\n<p>Our confidence is mainly predicated on the sustained improvement in operating leverage that the company has been demonstrating in its SG&amp;A margins, which has been the company’s largest operating expense segment. We believe that the company is likely to maintain this improvement moving forward that would cascade down strongly to its EBIT margins and move the company towards EBIT and FCF profitability in the next few years. Therefore, the party is surely just getting started for NET.</p>\n<p>Valuations are Compelling If Execution is Sustained</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c991d9200f0424a6c2739f78335a667e\" tg-width=\"1280\" tg-height=\"726\"><span>NET EV / Fwd Rev. Data source: S&amp;P Capital IQ</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b81c5bc076bc34bcc9135201909e8028\" tg-width=\"1000\" tg-height=\"600\"><span>NET NTM (TEV / Rev).</span></p>\n<p>While we continue to applaud NET’s superb business model and world-class execution, we are aware that this is unlikely to be lost among astute market participants. Therefore, we were not surprised to observe NET’s EV / FY+1 Rev is valued at 52x, while its mean is about 35.5x over the last one year. Based on our calculations of NET’s expected revenue growth rate in the next few years, we derived an expected share price 4Y CAGR of 19.66%, even at the current price level, representing potentially market-beating returns in the years ahead, if the company is able to maintain its excellent execution track record and achieve its growth targets.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/52ff2c1614d64bd26c28b2b3c0c17488\" tg-width=\"1280\" tg-height=\"442\"><span>Projected FY 25 share price and projected 4Y CAGR. Data source: S&amp;P Capital IQ</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f5eac1f8292520dd62f2d5c23328a0a9\" tg-width=\"1280\" tg-height=\"783\"><span>Source: TradingView</span></p>\n<p>While we were somewhat fortunate to enter our full position in NET at about $30 last Sep, based on the current price action, we don’t think there is any optimal entry point for new investors right now, even if we think that based on the current price level, NET would likely continue to outperform the market.</p>\n<p>Therefore, we would encourage investors who consider price action in their decision-making to wait for a retracement first, while investors who do not consider price action may enter now if they have high conviction of NET’s execution in the next few years.</p>\n<p>While we would not add more positions at the current price level, we would surely keep the stock on our watchlist to consider increasing our exposure at the next retracement.</p>\n<p><b>Wrapping It All Up</b></p>\n<p>Cloudflare has been a true outperformer for its investors since its IPO in 2019, and we think that the company’s growth story has barely just begun as it moves towards EBIT and FCF profitability in the next few years. Investors in NET are encouraged to sit tight and enjoy many years of solid growth to come.</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>Cloudflare Is Much More Scalable Than You Think</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\">\nCloudflare Is Much More Scalable Than You Think\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-30 16:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4437171-cloudflare-is-much-more-scalable-than-you-think><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nWe think Cloudflare’s business model has not been well understood by investors.\nWhile Cloudflare operates in the Content Delivery Networks space, it has never positioned itself as a CDN ...</p>\n\n<a href=\"https://seekingalpha.com/article/4437171-cloudflare-is-much-more-scalable-than-you-think\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NET":"Cloudflare, Inc."},"source_url":"https://seekingalpha.com/article/4437171-cloudflare-is-much-more-scalable-than-you-think","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1181301986","content_text":"Summary\n\nWe think Cloudflare’s business model has not been well understood by investors.\nWhile Cloudflare operates in the Content Delivery Networks space, it has never positioned itself as a CDN player.\nWe present a clearer view of what Cloudflare represents, in order for investors to more appropriately appreciate the high scalability of the company’s business model.\nWhile we think Cloudflare is primed for outperformance even at the current price level, we would prefer to add further only at the next retracement.\n\nSteve Jennings/Getty Images Entertainment\nUnderstanding Cloudflare's Business Model\nCloudflare (NET) has come to be known as many things to different investors. We have seen investors classifying Cloudflare as a cloud or web security company, or a content delivery network [CDN], or an identity access management [IAM] company. The fact is, while Cloudflare is involved in all of those, the company actually has a much larger scale of operation. Cloudflare sees itself as “a networking company”, that “you have to think about [Cloudflare] almost like Cisco-as-a-service. Anything where you would have bought and acquired hardware on-premise, whether it's firewalls, routers, load balancers, VPNs, we offer this as a service from our network. And this network is masked by now.”\nIn fact, CEO Matthew Prince emphasized:\n\n So the reason that we picked the ticker symbol NET was because, fundamentally, what it is that we sell is the network that you plug into and then you don't have to worry about anything else. And so that's what we want to deliver. And so a piece of that is you want to make sure you have a fast network. A piece of that is you want to make sure you have a reliable network. But a big piece of that is you want to make sure that you have a network which is helping you solve the security problems that you have.\n\nWe think that one of the key reasons that Cloudflare wanted investors to clearly understand the company's scope of business is to allow investors to have the appropriate strategic view of the company’s still-expanding TAM, which the company highlighted has been expanding since its IPO in 2019. Although the company started with a TAM of $37B in 2019, which then saw it being revised upwards to $72B, and now the company is looking at a TAM of $100B over the next 3 years.\nCloudflare is the Undisputed Market Leader in DDoS Protection\nDDoS and bot protection software market share worldwide as of Apr 21. Data source: Datanyze\nWhile Cloudflare started with “load balancing, firewalling, DDoS mitigation services” and the company is the undisputed worldwide market leader in DDoS protection with an 81.4% market share, the company has moved swiftly to extend its TAM to VPN and remote browser isolation service (through its S2 Systems Corporation acquisition in Jan 20), targeting these two markets with Cloudflare for Teams, and thebrowser isolation servicewhich can also be added on to its Teams product. However, its third TAM extension in which the company planned to “disrupt the corporate network and Multiprotocol Label Switching [MPLS]” through itsCloudflare Magic Transitproduct by protecting companies' on-premise data centers which saw the company entering to disrupt the highly lucrative stronghold of \"the Ciscos (CSCO) of this worlds and Fortinets (FTNT) and Check Points (CHKP) and Palo Altos (PANW) and Riverbeds.\"\nTherefore, investors should be able to clearly appreciate the extremely high scalability of Cloudflare’s business model and its ambitions to take on the market’s biggest on-premise security players in their home ground. Magic Transit will be a key player in the company’s penetration of its enterprise segment as “the MPLS spend is a significant dollar item in the budgets of our customers” would help the company to build up its enterprise segment which has been growing rapidly.\nRapidly Expanding Enterprise Segment\nLarge / Enterprise customers trend. Data source: Company filings\nThe company has certainly made tremendous inroads into the enterprise segment, which is now the company’s “fastest growing business”. While it may seem like its 945 enterprise customers as of Q1'21 (this segment has grown at a CAGR of 69% from Q1’18), pales in comparison to its customer total of 119,206, this segment now represents the majority of the company’s revenue as Cloudflare highlighted: “This is now 50%, a little bit more than 50% of our revenue.” In fact, the chart alone would not do full justice to the company’s ability in penetrating this segment as the larger paying customers within the enterprise segment have been growing even faster, as Cloudflare further added: “Let's look at customers that give us more than $500,000 or even more than $1 million a year, the larger the cohort, the faster the growth. So our largest cohort, so $1 million-plus customers, has been growing north of 70% now consistently over last the 7 quarters”\nExpansion of Products Helps to Sustain its DBNRR\nWhile investors may have been inundated with the number or scope of products or services that the company has been offering to its customers, Cloudflare highlighted that in fact, “first of all, the more products we have, the easier expansion becomes.” The company has of course been mindful of building products that provide significant value to its customers and have seen its customers move up the product adoption ladder rapidly over the years.\nImportantly, the company attaches a \"magic number\" to its customers’ product adoption: 4 products per customer. It emphasized that while at IPO 70% of its customers were using 4 products each, “that number has now moved far beyond 80%. And now more than 70% of the customers are using 5 products. So with the increase in the product portfolio, we've been able to sell more products to existing customers”\nDollar-based Net Retention Rate [DBNRR]. Data source: Company filings\nThat has seen the company consistently maintaining its DBNRR over the years, while it posted its most impressive DBNRR of 123% over the last 3 years in Q1’21. While its DBNRR is in line with its SaaS peers median of 120%, we are confident that the company would continue to maintain a consistently high level of DBNRR as more and more of its customers adopt more products moving forward, “and with that, [leading to] the stickiness of the product and [having] the churn rates come down.”\nCloudflare was Never Designed as a CDN\nMany investors often compared Cloudflare to Fastly (FSLY) as competitors in the content-delivery networks (CDN) space. While we think NET certainly competes in that space with FSLY, the company specifically wanted to remind investors that:\n\n We were never designed as a CDN. We had to provide CDN-like functionalities in order to deliver security and performance-based products and services at the edge of our network. But CDN was a means to achieve that, but not the business model in itself. We are pricing our products differently. We have no usage -- or hardly any usage-based pricings. Even today, less than a low single digit of our revenue is variable billing-based. And of that, less than 1/3 is really bandwidth-driven.\n\nWe had recently highlighted in an article on FSLY and reminded investors that FSLY is not your typical SaaS model, as the company mainly derives its revenue from usage, rather than subscriptions. On the other hand, NET derives the majority of its revenue from subscriptions, and therefore the revenue model driving their respective businesses is entirely different.\nIn fact, the unpredictable bandwidth cost of usage-based model was one of the key reasons why NET chose not to adopt a usage-based revenue model as the company wanted to focus on driving down costs for its customers with an offering that bills in a “predictable and reliable way”. Cloudflare’s priority would then turn to finding ways to “drive the cost of bandwidth to close to 0 over time” by making sure its “software-defined network could allow any server anywhere in our network to run any different function that we did and to be able to shift traffic around to deliver a level of efficiency that no one else has.”\nCEO Matthew Prince also succinctly added:\n\n And so where I think a typical CDN company worries about things like how many people are going to tune into the Super Bowl and is the new show on Disney+ going to be popular or not, I spend my days worrying about what are the new cyber threats coming out of Russia or Iran, around the world and how do we stay in front of those. And so again, just completely different businesses.\n\nTherefore, investors could be assured that those type of usage volatility that FSLY had endured whenever they lost a major customer like we saw inTikTokis unlikely to happen to NET, simply because Cloudflare doesn’t bill by usage, and therefore providing the kind or revenue visibility that we have come to expect of typical SaaS companies.\nHowever, Cloudflare’s subscriptions-based revenue model is not without its inherent disadvantage as compared to FSLY’s usage-based billing model whenever there’s a huge surge in its customers’ usage, like what the company experienced last year during the throes of the pandemic:\n\n All of a sudden, we saw this dramatic uptick and a dramatic spike in the amount of bandwidth that people were using across our services. And unlike traditional CDNs, we couldn't just pass those costs on to our customers. And so those actually, I think, were pretty substantial headwinds to us, and I'm proud of our team for really adjusting, solving customers' problems, focusing on expanding our existing customers and making them bigger customers and getting more efficient over time. And so I think that what were headwinds for us are turning into tailwinds now, where we're seeing the sort of bandwidth usage plateauing, which is attractive for kind of our cost side of our business.\n\nCloudflare's Excellent Margins\nNET and FSLY Gross margin. Data source: S&P Capital IQ\nWhile the company had to deal with the dramatic increased bandwidth costs that its subscriptions model wasn’t designed for in the first place last year, it had still managed to maintain its gross margins consistently north of 75% over time, which easily outperformed FSLY’s usage-based revenue model. We believe the company’s full suite of networking products has helped the company to strongly diversify its revenue base, which lends further credence to the superb execution of the company’s business model across multiple markets and industry verticals, strengthening its revenue resilience against any unexpected slowdown or unanticipated costs surge. If investors were to coin Cloudflare as a “Jack of all trades”, we think it may be apt to call it a “master of all” as well.\nExpected to Turn EBIT and FCF Profitable\nNET projected revenue mean consensus and projected YoY revenue growth. Data source: S&P Capital IQ\nNET projected EBIT margin and projected unlevered FCF margin. Data source: S&P Capital IQ\nEven though NET has yet to achieve FCF and EBIT profitability, the company has guided for a long-term operating margin of 20%, which in our model we think is highly achievable over time as we projected the company to achieve an EBIT margin of 15.7% by the end of FY 25 especially when the company is still expected to post rapid revenue growth north of 30% in the years ahead.\nNET LTM SG&A margin. Data source: S&P Capital IQ\nOur confidence is mainly predicated on the sustained improvement in operating leverage that the company has been demonstrating in its SG&A margins, which has been the company’s largest operating expense segment. We believe that the company is likely to maintain this improvement moving forward that would cascade down strongly to its EBIT margins and move the company towards EBIT and FCF profitability in the next few years. Therefore, the party is surely just getting started for NET.\nValuations are Compelling If Execution is Sustained\nNET EV / Fwd Rev. Data source: S&P Capital IQ\nNET NTM (TEV / Rev).\nWhile we continue to applaud NET’s superb business model and world-class execution, we are aware that this is unlikely to be lost among astute market participants. Therefore, we were not surprised to observe NET’s EV / FY+1 Rev is valued at 52x, while its mean is about 35.5x over the last one year. Based on our calculations of NET’s expected revenue growth rate in the next few years, we derived an expected share price 4Y CAGR of 19.66%, even at the current price level, representing potentially market-beating returns in the years ahead, if the company is able to maintain its excellent execution track record and achieve its growth targets.\nProjected FY 25 share price and projected 4Y CAGR. Data source: S&P Capital IQ\nSource: TradingView\nWhile we were somewhat fortunate to enter our full position in NET at about $30 last Sep, based on the current price action, we don’t think there is any optimal entry point for new investors right now, even if we think that based on the current price level, NET would likely continue to outperform the market.\nTherefore, we would encourage investors who consider price action in their decision-making to wait for a retracement first, while investors who do not consider price action may enter now if they have high conviction of NET’s execution in the next few years.\nWhile we would not add more positions at the current price level, we would surely keep the stock on our watchlist to consider increasing our exposure at the next retracement.\nWrapping It All Up\nCloudflare has been a true outperformer for its investors since its IPO in 2019, and we think that the company’s growth story has barely just begun as it moves towards EBIT and FCF profitability in the next few years. Investors in NET are encouraged to sit tight and enjoy many years of solid growth to come.","news_type":1},"isVote":1,"tweetType":1,"viewCount":27,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":127027547,"gmtCreate":1624805853189,"gmtModify":1631884993691,"author":{"id":"3585780555170064","authorId":"3585780555170064","authorIdStr":"3585780555170064","name":"Venkisakthi","avatar":"https://static.tigerbbs.com/3ec08c0f381636758efa60d454734dc0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585780555170064"},"themes":[],"htmlText":"Yes.. my vote for Ford too","listText":"Yes.. my vote for Ford too","text":"Yes.. my vote for Ford too","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/127027547","repostId":"1137119316","repostType":4,"repost":{"id":"1137119316","pubTimestamp":1624754401,"share":"https://www.laohu8.com/m/news/1137119316?lang=&edition=full","pubTime":"2021-06-27 08:40","market":"us","language":"en","title":"Ford Or NIO? The Final Verdict","url":"https://stock-news.laohu8.com/highlight/detail?id=1137119316","media":"seekingalpha","summary":"I am comparing Ford against NIO in different categories.The comparison is intended to improve the understanding of Ford's and NIO's growth potential while highlighting differences in market position and opportunities.NIO is growing a lot faster than Ford and the high valuation may be justified.With Ford  launching a major offensive in the market for electric vehicles, Chinese EV maker NIO  will face one more rival competing for sales in the future. Which vehicle maker offers the best deal based ","content":"<p><b>Summary</b></p>\n<ul>\n <li>I am comparing Ford against NIO in different categories.</li>\n <li>The comparison is intended to improve the understanding of Ford's and NIO's growth potential while highlighting differences in market position and opportunities.</li>\n <li>NIO is growing a lot faster than Ford and the high valuation may be justified.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5033fa117d7852799244b8275bc1000f\" tg-width=\"1536\" tg-height=\"886\"><span>peterschreiber.media/iStock via Getty Images</span></p>\n<p>With Ford (F) launching a major offensive in the market for electric vehicles, Chinese EV maker NIO (NIO) will face one more rival competing for sales in the future. Which vehicle maker offers the best deal based on market opportunity, scale, revenue model, growth prospects and valuation? I will compare Ford against NIO in each category and issue a final verdict at the end.</p>\n<p><b>Ford vs. NIO: The battle for the global electric vehicle market is heating up</b></p>\n<p>Although there is a world of difference between Ford and NIO, both companies are set to go toe-to-toe in the rapidly growing global electric vehicle market. Ford’s fleet is not yet EV-focused but this is going to change: Feeling that the EV race is heating up, Ford said it is accelerating its electrification plan by investing&nbsp;$30B into its EV manufacturing capabilities until 2025. Ford’s previous capital plan called for a $22B investment in zero-emission vehicles. Ford also set an ambitious sales goal: 40% of its global sales will be electric within the next decade and 33% of pickup truck sales. Electric vehicle sales account for just 1% of Ford's sales today. As Ford is phasing out combustion engines, it is set to evolve into an all-electric vehicle maker by 2040.</p>\n<p><b>Market opportunity</b></p>\n<p>In 2020, 3.2m electric vehicles were sold in the world which represented a small market share of just 4.2%. China, however, was responsible for buying 41% of all electric vehicles in the world in 2020. Chinese buyers purchased 1.3m electric vehicles last year and sales are set to grow fast as Beijing seeks to boost EV adoption. The second largest market for electric vehicles was Europe which accounted for 42% of global EV sales. The US is only the third-largest market for plug-in electric vehicles in the world.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b48c23b32134542f51227d9b1b612887\" tg-width=\"1083\" tg-height=\"863\"><span>(Source: Wikipedia)</span></p>\n<p>China, by far, is the fastest growing EV market in the world, although Europe is catching up fast, in part due to a legislative efforts to increase adoption of zero-emission passenger vehicles and because of massive investments in a Europe-wide charging station network. NIO is&nbsp;on the cusp of entering the European market&nbsp;in a bid to grow market share in the world’s second-largest EV market before the competition is ready.</p>\n<p>Beijing is a driver behind the electrification of the Chinese auto industry: The government wants to see a&nbsp;twenty percent share&nbsp;of electric vehicles for new car sales by 2025 which will drive EV penetration in NIO’s home market.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9871e44eaf69adb27151425887870ace\" tg-width=\"739\" tg-height=\"454\"><span>(Source:Schroders)</span></p>\n<p>Turning to growth projections.</p>\n<p>With more favorable government policies for EV makers in places like China and Europe, these markets are poised to see the fastest sales growth and the highest EV adoption rates in the world. China is not only the largest market due to population size but is also expected to outperform all other markets in the world in EV sales until 2030.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/61d19dff2f34e2d8828aca854e85d84a\" tg-width=\"825\" tg-height=\"565\"><span>(Source:McKinsey)</span></p>\n<p>Since China has a larger total market size, a higher EV adoption rate, stronger expected sales growth and a more favorable regulatory framework, the winner here would be: NIO.</p>\n<p><b>Scale and manufacturing competence</b></p>\n<p>Ford has a century’s worth of manufacturing experience. But Ford, so far, has only one all-electric vehicle in its product line-up that compares to NIO: The Mustang Mach-E SUV. In 2022, Ford will begin to sell the all-electric F-150 Lightening which builds on the success of Ford’s best-selling pick-up truck. NIO already has a stronger product catalog including the 5-seater ES6 SUV, the 5-seater coupe SUV EC6 and the ES8, a 6-seater and 7-seater full-sized SUV.</p>\n<p>Since NIO is solely focused on producing EVs and occupies a very small and defined niche, the Chinese firm has an advantage as far as EV-manufacturing expertise goes. The question is how long this advantage can last. Ford has extensive experience in building cars and can leverage a global manufacturing base to ramp up EV production faster than any niche EV maker could ever hope to achieve. This makes Ford a very serious rival not only to Tesla (TSLA) in the US, but also to NIO abroad. Ford is accelerating its electrification plans and it has the resources and the ambition to become a leader in EVs within the next decade. Ford’s proposed $30B spending on the electrification of its fleet will accelerate its transformation and turn Ford into a long term threat to other EV makers.</p>\n<p>Winner here: Ford.</p>\n<p><b>Differentiation and BaaS revenue model</b></p>\n<p>Both Ford and NIO know about the importance of differentiation in a market that will only get more competitive over time, which is why both companies are investing heavily in a related field that can break or solidify dominance in the EV market: Battery technology.</p>\n<p>Ford is&nbsp;forming a joint venture&nbsp;with South Korean battery technology company SK Innovation to secure supply of traction battery cells and array modules. The joint venture is meant to accelerate battery deliveries and will produce approximately 60 GWh annually, enough to cover 25% of Ford’s estimated annual energy demand by 2030. NIO is also investing in battery technology and has&nbsp;formed its own joint venture&nbsp;to secure battery supply.</p>\n<p>The difference to Ford is that NIO’s battery investment strategy revolves around a battery subscription model, also called “battery-as-a-service”, which creates a strong, long term revenue opportunity for the Chinese vehicle maker. Under this “BaaS” model, users who buy a NIO electric vehicle get a 70,000 RMB initial discount, equivalent to $10,800, and can sign up for a monthly subscription to rent a rechargeable 70 kWh battery. Batteries can then be exchanged at one of NIO’s battery-swapping stations which can be found in most big Chinese cities. A battery subscription costs 980 RMB monthly which is the equivalent of $150.</p>\n<p>The BaaS model has a couple of benefits for both the vehicle maker and the user: Purchasing an electric vehicle from NIO gets a lot more affordable due to the up-front discount and the subscription model ensures that users benefit from advancement in battery technology and better performance over time. Decoupling battery costs from vehicle prices creates an entirely new revenue stream on a subscription basis for NIO. Revenues from “BaaS” subscriptions could be used to increase the density of NIO’s network of charging/replacement stations. The battery subscription model also binds customers to NIO, potentially increasing customer lifetime value.</p>\n<p>Ford and NIO are primed to benefit from falling battery costs for electric vehicles as they ramp up capital allocations. As more investments flow into developing more efficient batteries, performance will go up and costs will go down which should drive EV adoption and benefit all EV makers. This is because lower battery prices make EVs more competitive to passenger vehicles with combustion engines. But since NIO is structuring a part of its business model explicitly around battery subscriptions, NIO could benefit more than Ford.</p>\n<p>Battery costs for EVs have decreased 70% since 2014, based on information provided by investment firm Schroders, and are set to decrease more this decade.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c42acb75905affe7570a2f399ea3192f\" tg-width=\"758\" tg-height=\"449\"><span>(Source: Schroders)</span></p>\n<p>The “BaaS” model is genius and could develop into a $500M a year revenue opportunity for NIO long term. Although Ford is ramping up its investments in battery technology, the winner in this category is: NIO.</p>\n<p><b>Sales growth and valuation</b></p>\n<p>Ford’s sales in May grew 4.1% Y/Y but electrified vehicle sales (including hybrids) surged 184% Y/Y as Ford sold a record 10,364 EVs/hybrids in May. Escape electrified sales and Explorer Hybrid grew sales at 125% and 132% Y/Y showing strong customer uptake. NIO delivered 6,711 vehicles last month including 3,017 ES6s, 1,412 ES8s and 2,282 EC6s. Total Y/Y delivery growth for May was 95.3%.</p>\n<p>Ford's sales are fifty-four times larger than NIO's which creates more sales growth and revaluation potential for NIO.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/df5a0a393e44ed74241c5effcdd92350\" tg-width=\"635\" tg-height=\"419\"><span>Data by YCharts</span></p>\n<p>The difference in valuation between Ford and NIO is like the difference between night and day. This is because Ford is still seen as a mature vehicle maker with expected enterprise sales growth in the low-to-mid digits, despite explosive growth in the EV category. Ford is expected to grow revenues by 33% until FY 2025 (base year: FY 2020) and NIO by 808%!</p>\n<p>Due to these differences in sales growth, NIO is the complete opposite of Ford, at least as far as valuation goes. The Chinese EV-maker is expected to see sales and delivery growth close to 100% this year and since NIO is only dealing in EVs, NIO gets a much higher market-cap-to-sales ratio than Ford.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/817605c6b1e82c03d0473ea570d32b8f\" tg-width=\"506\" tg-height=\"406\"><span>(Source: Author)</span></p>\n<p><b>NIO has larger risks...</b></p>\n<p>NIO is the more risky venture, but also the one that offers the most promise. Government policy favors EV-makers like NIO. The potential for total global sales growth is larger for NIO as it operates from a smaller revenue base compared to Ford. But there are also a few things that work against NIO. For example, recalls due to production defects would be a much bigger challenge for NIO to overcome than for Ford which can rely on a global service and distribution network. NIO’s valuation is also not without risk as an unexpected slowing of sales growth due to production setbacks would leave a much larger dent in the financials.</p>\n<p><b>Final verdict</b></p>\n<p>NIO is definitely the more “sexy” vehicle maker. Strong adoption and sales growth in China and Europe support NIO. Its super smart BaaS model which decouples vehicle purchase prices from battery costs is genius. You pay a high price for this growth but the market opportunity for NIO is immense.</p>\n<p>Ford’s EV sales are booming and the percentage of EV sales will increase as the vehicle maker electrifies its fleet. Ford has a lot of potential in the EV market but since EV sales are still a relatively low percentage of total sales, it will take a long time for Ford to complete its transformation.</p>\n<p>If you believe in the potential of the global EV market, buy NIO. If you believe in the potential of the global EV market and don’t like much risk, buy Ford.</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>Ford Or NIO? 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The Final Verdict\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-27 08:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4436600-ford-or-nio-the-final-verdict><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nI am comparing Ford against NIO in different categories.\nThe comparison is intended to improve the understanding of Ford's and NIO's growth potential while highlighting differences in market ...</p>\n\n<a href=\"https://seekingalpha.com/article/4436600-ford-or-nio-the-final-verdict\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"F":"福特汽车","NIO":"蔚来"},"source_url":"https://seekingalpha.com/article/4436600-ford-or-nio-the-final-verdict","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137119316","content_text":"Summary\n\nI am comparing Ford against NIO in different categories.\nThe comparison is intended to improve the understanding of Ford's and NIO's growth potential while highlighting differences in market position and opportunities.\nNIO is growing a lot faster than Ford and the high valuation may be justified.\n\npeterschreiber.media/iStock via Getty Images\nWith Ford (F) launching a major offensive in the market for electric vehicles, Chinese EV maker NIO (NIO) will face one more rival competing for sales in the future. Which vehicle maker offers the best deal based on market opportunity, scale, revenue model, growth prospects and valuation? I will compare Ford against NIO in each category and issue a final verdict at the end.\nFord vs. NIO: The battle for the global electric vehicle market is heating up\nAlthough there is a world of difference between Ford and NIO, both companies are set to go toe-to-toe in the rapidly growing global electric vehicle market. Ford’s fleet is not yet EV-focused but this is going to change: Feeling that the EV race is heating up, Ford said it is accelerating its electrification plan by investing $30B into its EV manufacturing capabilities until 2025. Ford’s previous capital plan called for a $22B investment in zero-emission vehicles. Ford also set an ambitious sales goal: 40% of its global sales will be electric within the next decade and 33% of pickup truck sales. Electric vehicle sales account for just 1% of Ford's sales today. As Ford is phasing out combustion engines, it is set to evolve into an all-electric vehicle maker by 2040.\nMarket opportunity\nIn 2020, 3.2m electric vehicles were sold in the world which represented a small market share of just 4.2%. China, however, was responsible for buying 41% of all electric vehicles in the world in 2020. Chinese buyers purchased 1.3m electric vehicles last year and sales are set to grow fast as Beijing seeks to boost EV adoption. The second largest market for electric vehicles was Europe which accounted for 42% of global EV sales. The US is only the third-largest market for plug-in electric vehicles in the world.\n(Source: Wikipedia)\nChina, by far, is the fastest growing EV market in the world, although Europe is catching up fast, in part due to a legislative efforts to increase adoption of zero-emission passenger vehicles and because of massive investments in a Europe-wide charging station network. NIO is on the cusp of entering the European market in a bid to grow market share in the world’s second-largest EV market before the competition is ready.\nBeijing is a driver behind the electrification of the Chinese auto industry: The government wants to see a twenty percent share of electric vehicles for new car sales by 2025 which will drive EV penetration in NIO’s home market.\n(Source:Schroders)\nTurning to growth projections.\nWith more favorable government policies for EV makers in places like China and Europe, these markets are poised to see the fastest sales growth and the highest EV adoption rates in the world. China is not only the largest market due to population size but is also expected to outperform all other markets in the world in EV sales until 2030.\n(Source:McKinsey)\nSince China has a larger total market size, a higher EV adoption rate, stronger expected sales growth and a more favorable regulatory framework, the winner here would be: NIO.\nScale and manufacturing competence\nFord has a century’s worth of manufacturing experience. But Ford, so far, has only one all-electric vehicle in its product line-up that compares to NIO: The Mustang Mach-E SUV. In 2022, Ford will begin to sell the all-electric F-150 Lightening which builds on the success of Ford’s best-selling pick-up truck. NIO already has a stronger product catalog including the 5-seater ES6 SUV, the 5-seater coupe SUV EC6 and the ES8, a 6-seater and 7-seater full-sized SUV.\nSince NIO is solely focused on producing EVs and occupies a very small and defined niche, the Chinese firm has an advantage as far as EV-manufacturing expertise goes. The question is how long this advantage can last. Ford has extensive experience in building cars and can leverage a global manufacturing base to ramp up EV production faster than any niche EV maker could ever hope to achieve. This makes Ford a very serious rival not only to Tesla (TSLA) in the US, but also to NIO abroad. Ford is accelerating its electrification plans and it has the resources and the ambition to become a leader in EVs within the next decade. Ford’s proposed $30B spending on the electrification of its fleet will accelerate its transformation and turn Ford into a long term threat to other EV makers.\nWinner here: Ford.\nDifferentiation and BaaS revenue model\nBoth Ford and NIO know about the importance of differentiation in a market that will only get more competitive over time, which is why both companies are investing heavily in a related field that can break or solidify dominance in the EV market: Battery technology.\nFord is forming a joint venture with South Korean battery technology company SK Innovation to secure supply of traction battery cells and array modules. The joint venture is meant to accelerate battery deliveries and will produce approximately 60 GWh annually, enough to cover 25% of Ford’s estimated annual energy demand by 2030. NIO is also investing in battery technology and has formed its own joint venture to secure battery supply.\nThe difference to Ford is that NIO’s battery investment strategy revolves around a battery subscription model, also called “battery-as-a-service”, which creates a strong, long term revenue opportunity for the Chinese vehicle maker. Under this “BaaS” model, users who buy a NIO electric vehicle get a 70,000 RMB initial discount, equivalent to $10,800, and can sign up for a monthly subscription to rent a rechargeable 70 kWh battery. Batteries can then be exchanged at one of NIO’s battery-swapping stations which can be found in most big Chinese cities. A battery subscription costs 980 RMB monthly which is the equivalent of $150.\nThe BaaS model has a couple of benefits for both the vehicle maker and the user: Purchasing an electric vehicle from NIO gets a lot more affordable due to the up-front discount and the subscription model ensures that users benefit from advancement in battery technology and better performance over time. Decoupling battery costs from vehicle prices creates an entirely new revenue stream on a subscription basis for NIO. Revenues from “BaaS” subscriptions could be used to increase the density of NIO’s network of charging/replacement stations. The battery subscription model also binds customers to NIO, potentially increasing customer lifetime value.\nFord and NIO are primed to benefit from falling battery costs for electric vehicles as they ramp up capital allocations. As more investments flow into developing more efficient batteries, performance will go up and costs will go down which should drive EV adoption and benefit all EV makers. This is because lower battery prices make EVs more competitive to passenger vehicles with combustion engines. But since NIO is structuring a part of its business model explicitly around battery subscriptions, NIO could benefit more than Ford.\nBattery costs for EVs have decreased 70% since 2014, based on information provided by investment firm Schroders, and are set to decrease more this decade.\n(Source: Schroders)\nThe “BaaS” model is genius and could develop into a $500M a year revenue opportunity for NIO long term. Although Ford is ramping up its investments in battery technology, the winner in this category is: NIO.\nSales growth and valuation\nFord’s sales in May grew 4.1% Y/Y but electrified vehicle sales (including hybrids) surged 184% Y/Y as Ford sold a record 10,364 EVs/hybrids in May. Escape electrified sales and Explorer Hybrid grew sales at 125% and 132% Y/Y showing strong customer uptake. NIO delivered 6,711 vehicles last month including 3,017 ES6s, 1,412 ES8s and 2,282 EC6s. Total Y/Y delivery growth for May was 95.3%.\nFord's sales are fifty-four times larger than NIO's which creates more sales growth and revaluation potential for NIO.\nData by YCharts\nThe difference in valuation between Ford and NIO is like the difference between night and day. This is because Ford is still seen as a mature vehicle maker with expected enterprise sales growth in the low-to-mid digits, despite explosive growth in the EV category. Ford is expected to grow revenues by 33% until FY 2025 (base year: FY 2020) and NIO by 808%!\nDue to these differences in sales growth, NIO is the complete opposite of Ford, at least as far as valuation goes. The Chinese EV-maker is expected to see sales and delivery growth close to 100% this year and since NIO is only dealing in EVs, NIO gets a much higher market-cap-to-sales ratio than Ford.\n(Source: Author)\nNIO has larger risks...\nNIO is the more risky venture, but also the one that offers the most promise. Government policy favors EV-makers like NIO. The potential for total global sales growth is larger for NIO as it operates from a smaller revenue base compared to Ford. But there are also a few things that work against NIO. For example, recalls due to production defects would be a much bigger challenge for NIO to overcome than for Ford which can rely on a global service and distribution network. NIO’s valuation is also not without risk as an unexpected slowing of sales growth due to production setbacks would leave a much larger dent in the financials.\nFinal verdict\nNIO is definitely the more “sexy” vehicle maker. Strong adoption and sales growth in China and Europe support NIO. Its super smart BaaS model which decouples vehicle purchase prices from battery costs is genius. You pay a high price for this growth but the market opportunity for NIO is immense.\nFord’s EV sales are booming and the percentage of EV sales will increase as the vehicle maker electrifies its fleet. Ford has a lot of potential in the EV market but since EV sales are still a relatively low percentage of total sales, it will take a long time for Ford to complete its transformation.\nIf you believe in the potential of the global EV market, buy NIO. If you believe in the potential of the global EV market and don’t like much risk, buy Ford.","news_type":1},"isVote":1,"tweetType":1,"viewCount":90,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":120271686,"gmtCreate":1624326261945,"gmtModify":1634007763769,"author":{"id":"3585780555170064","authorId":"3585780555170064","authorIdStr":"3585780555170064","name":"Venkisakthi","avatar":"https://static.tigerbbs.com/3ec08c0f381636758efa60d454734dc0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585780555170064"},"themes":[],"htmlText":"Not bad..","listText":"Not bad..","text":"Not bad..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/120271686","repostId":"1191349655","repostType":4,"isVote":1,"tweetType":1,"viewCount":74,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":164638450,"gmtCreate":1624199306470,"gmtModify":1634009566215,"author":{"id":"3585780555170064","authorId":"3585780555170064","authorIdStr":"3585780555170064","name":"Venkisakthi","avatar":"https://static.tigerbbs.com/3ec08c0f381636758efa60d454734dc0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585780555170064"},"themes":[],"htmlText":"As Always [USD]&nbsp;","listText":"As Always [USD]&nbsp;","text":"As Always [USD]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/164638450","repostId":"2144172072","repostType":4,"repost":{"id":"2144172072","pubTimestamp":1624007350,"share":"https://www.laohu8.com/m/news/2144172072?lang=&edition=full","pubTime":"2021-06-18 17:09","market":"us","language":"en","title":"Old car makers are the hot new trade: Morning Brief","url":"https://stock-news.laohu8.com/highlight/detail?id=2144172072","media":"Yahoo Finance","summary":"The past is outperforming the future this year.\nWe're less than a week out from the halfway point of","content":"<p>The past is outperforming the future this year.</p>\n<p>We're less than a week out from the halfway point of 2021.</p>\n<p>And <a href=\"https://laohu8.com/S/AONE\">one</a> of the big real economy stories this year has been the explosion in demand for cars. This has pushed up prices, particularly for used cars.</p>\n<p>And while most used cars, and those on the road today, are running on internal combustion engines (ICE), the industry agrees that electric vehicles (EVs) are the future. For the last decade, the best way to play that trend has been via Tesla (TSLA). Shareholders in that particular trade have been rewarded handsomely: since June 2011, the car maker's shares are up over 10,000%.</p>\n<p>This year, however, investors have been betting that the industry's old guard can make their businesses work better in an electrified future.</p>\n<p>Through Thursday's close, shares of Ford (F) and General Motors (GM) were both up more than 40%, outpacing both the broader market and all of the market's buzziest names in the EV space.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8b210f3a56c6cba72ed1fbbf47bd815c\" tg-width=\"1230\" tg-height=\"498\" referrerpolicy=\"no-referrer\"><span>Ford and GM have been the leading auto stocks in 2021 as investors bet they can benefit in a growing economy and see returns from big investments in electric cars. (Source: Yahoo Finance)</span></p>\n<p>At an industry conference on Thursday, Ford CEO Jim Farley said the company's second quarter earnings were likely to come in better than expected. Earlier this week, GM announced that it would increase its investment in electric vehicles to $35 billion from $27 billion through 2025.</p>\n<p>And it was only a few weeks back that Ford announced its own ambitious plans to electrify more of its fleet, unveiling an electric F-150, its best-selling ICE vehicle, while unveiling plans to invest $30 billion in electric vehicle development over the next five years.</p>\n<p>This year's rally in shares of GM and Ford also remind us (in yet another way) how different this recovery has been from what we endured after the financial crisis.</p>\n<p>GM and Chrysler went bankrupt during the 2008-09 recession; Ford just barely staved off that fate. This time around, these companies are parlaying a surge in consumer demand into increased investments in trying to keep up with the Teslas of the world.</p>\n<p>These announcements out of Ford and GM also come as upstart competitors like Nikola (NKLA) and Lordstown Motors (RIDE) struggle to accurately communicate with investors. Nikola shares, which fell over 50% in 2020, were up about 11% this year through Thursday's close, while Lordstown's stock has been just about cut in half this year. Both Nikola and Lordstown replaced their chief executives after bold pronouncements about orders and capabilities for their vehicles didn't check out.</p>\n<p>Elon Musk's iconoclastic style at Tesla is much imitated but never duplicated by companies hoping to position themselves as the \"next Tesla.\" Tesla's Technoking really is <a href=\"https://laohu8.com/S/AONE.U\">one</a> of one.</p>\n<p>In the years before the pandemic, Tesla's rise and the industry's electrified future pressured shares of Ford, GM, and other automakers. From the time GM emerged from bankruptcy in the fall of 2010, shares of both GM and Ford were trounced by the overall market. This year's gain does not erase that underperformance. And the lead the traditional auto industry has staked on Tesla becoming the leading electric vehicle brand will be hard to overcome.</p>\n<p>But today, what investors seem to see in Ford and GM is at least a chance. A chance to benefit from the post-pandemic economic expansion. And a chance at remaining a major player in the electrified auto market of tomorrow.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Old car makers are the hot new trade: Morning Brief</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\">\nOld car makers are the hot new trade: Morning Brief\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-18 17:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/old-car-makers-are-the-hot-new-trade-morning-brief-090010592.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The past is outperforming the future this year.\nWe're less than a week out from the halfway point of 2021.\nAnd one of the big real economy stories this year has been the explosion in demand for cars. ...</p>\n\n<a href=\"https://finance.yahoo.com/news/old-car-makers-are-the-hot-new-trade-morning-brief-090010592.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"F":"福特汽车","TSLA":"特斯拉","KNSL":"Kinsale Capital Group Inc.","NKLA":"Nikola Corporation","GM":"通用汽车"},"source_url":"https://finance.yahoo.com/news/old-car-makers-are-the-hot-new-trade-morning-brief-090010592.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2144172072","content_text":"The past is outperforming the future this year.\nWe're less than a week out from the halfway point of 2021.\nAnd one of the big real economy stories this year has been the explosion in demand for cars. This has pushed up prices, particularly for used cars.\nAnd while most used cars, and those on the road today, are running on internal combustion engines (ICE), the industry agrees that electric vehicles (EVs) are the future. For the last decade, the best way to play that trend has been via Tesla (TSLA). Shareholders in that particular trade have been rewarded handsomely: since June 2011, the car maker's shares are up over 10,000%.\nThis year, however, investors have been betting that the industry's old guard can make their businesses work better in an electrified future.\nThrough Thursday's close, shares of Ford (F) and General Motors (GM) were both up more than 40%, outpacing both the broader market and all of the market's buzziest names in the EV space.\nFord and GM have been the leading auto stocks in 2021 as investors bet they can benefit in a growing economy and see returns from big investments in electric cars. (Source: Yahoo Finance)\nAt an industry conference on Thursday, Ford CEO Jim Farley said the company's second quarter earnings were likely to come in better than expected. Earlier this week, GM announced that it would increase its investment in electric vehicles to $35 billion from $27 billion through 2025.\nAnd it was only a few weeks back that Ford announced its own ambitious plans to electrify more of its fleet, unveiling an electric F-150, its best-selling ICE vehicle, while unveiling plans to invest $30 billion in electric vehicle development over the next five years.\nThis year's rally in shares of GM and Ford also remind us (in yet another way) how different this recovery has been from what we endured after the financial crisis.\nGM and Chrysler went bankrupt during the 2008-09 recession; Ford just barely staved off that fate. This time around, these companies are parlaying a surge in consumer demand into increased investments in trying to keep up with the Teslas of the world.\nThese announcements out of Ford and GM also come as upstart competitors like Nikola (NKLA) and Lordstown Motors (RIDE) struggle to accurately communicate with investors. Nikola shares, which fell over 50% in 2020, were up about 11% this year through Thursday's close, while Lordstown's stock has been just about cut in half this year. Both Nikola and Lordstown replaced their chief executives after bold pronouncements about orders and capabilities for their vehicles didn't check out.\nElon Musk's iconoclastic style at Tesla is much imitated but never duplicated by companies hoping to position themselves as the \"next Tesla.\" Tesla's Technoking really is one of one.\nIn the years before the pandemic, Tesla's rise and the industry's electrified future pressured shares of Ford, GM, and other automakers. From the time GM emerged from bankruptcy in the fall of 2010, shares of both GM and Ford were trounced by the overall market. This year's gain does not erase that underperformance. And the lead the traditional auto industry has staked on Tesla becoming the leading electric vehicle brand will be hard to overcome.\nBut today, what investors seem to see in Ford and GM is at least a chance. A chance to benefit from the post-pandemic economic expansion. And a chance at remaining a major player in the electrified auto market of tomorrow.","news_type":1},"isVote":1,"tweetType":1,"viewCount":132,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":154373031,"gmtCreate":1625484839623,"gmtModify":1633940298409,"author":{"id":"3585780555170064","authorId":"3585780555170064","authorIdStr":"3585780555170064","name":"Venkisakthi","avatar":"https://static.tigerbbs.com/3ec08c0f381636758efa60d454734dc0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585780555170064"},"themes":[],"htmlText":"Thanks for letting us know upfront ..","listText":"Thanks for letting us know upfront ..","text":"Thanks for letting us know upfront ..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/154373031","repostId":"1109703914","repostType":4,"repost":{"id":"1109703914","pubTimestamp":1625464355,"share":"https://www.laohu8.com/m/news/1109703914?lang=&edition=full","pubTime":"2021-07-05 13:52","market":"us","language":"en","title":"Is the Stock Market Open or Closed on Independence Day?","url":"https://stock-news.laohu8.com/highlight/detail?id=1109703914","media":"Thestreet","summary":"Independence Day in the U.S. is for many a picnic-and-beach day. But July 4 this year falls on a Sunday, which in the United States isn't a trading day.So will the major markets open or close for the holiday?The New York Stock Exchange and the Nasdaq will, in fact, be closed on Monday, July 5, to celebrate Independence Day.It's one of nine full-closing daysfor the stock market this year.For instance, the stock market will close for Thanksgiving on Thursday, Nov. 25. On Friday, Nov. 26, trading i","content":"<p>Independence Day in the U.S. is for many a picnic-and-beach day. But July 4 this year falls on a Sunday, which in the United States isn't a trading day.</p>\n<p>So will the major markets open or close for the holiday?</p>\n<p>The New York Stock Exchange and the Nasdaq will, in fact, be closed on Monday, July 5, to celebrate Independence Day.</p>\n<p>It's&nbsp;one of nine full-closing daysfor the stock market this year.</p>\n<p>For instance, the stock market will close for Thanksgiving on Thursday, Nov. 25. On Friday, Nov. 26, trading is scheduled for a bit more than a half-day, 9:30 a.m. to 1 p.m. ET.</p>\n<p>Normal stock-trading hours run 9:30 a.m. to 4 p.m. ET.</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>Is the Stock Market Open or Closed on Independence Day?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs the Stock Market Open or Closed on Independence Day?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-05 13:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/investing/independence-day-stock-markets-trading-hours><strong>Thestreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Independence Day in the U.S. is for many a picnic-and-beach day. But July 4 this year falls on a Sunday, which in the United States isn't a trading day.\nSo will the major markets open or close for the...</p>\n\n<a href=\"https://www.thestreet.com/investing/independence-day-stock-markets-trading-hours\">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",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.thestreet.com/investing/independence-day-stock-markets-trading-hours","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109703914","content_text":"Independence Day in the U.S. is for many a picnic-and-beach day. But July 4 this year falls on a Sunday, which in the United States isn't a trading day.\nSo will the major markets open or close for the holiday?\nThe New York Stock Exchange and the Nasdaq will, in fact, be closed on Monday, July 5, to celebrate Independence Day.\nIt's one of nine full-closing daysfor the stock market this year.\nFor instance, the stock market will close for Thanksgiving on Thursday, Nov. 25. On Friday, Nov. 26, trading is scheduled for a bit more than a half-day, 9:30 a.m. to 1 p.m. ET.\nNormal stock-trading hours run 9:30 a.m. to 4 p.m. ET.","news_type":1},"isVote":1,"tweetType":1,"viewCount":73,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":156764523,"gmtCreate":1625237378962,"gmtModify":1633942175236,"author":{"id":"3585780555170064","authorId":"3585780555170064","authorIdStr":"3585780555170064","name":"Venkisakthi","avatar":"https://static.tigerbbs.com/3ec08c0f381636758efa60d454734dc0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585780555170064"},"themes":[],"htmlText":"Amazon cloud would miss a big customer","listText":"Amazon cloud would miss a big customer","text":"Amazon cloud would miss a big customer","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/156764523","repostId":"2148803897","repostType":4,"repost":{"id":"2148803897","pubTimestamp":1625236211,"share":"https://www.laohu8.com/m/news/2148803897?lang=&edition=full","pubTime":"2021-07-02 22:30","market":"us","language":"en","title":"Apple Could Become Google's Biggest Cloud Customer","url":"https://stock-news.laohu8.com/highlight/detail?id=2148803897","media":"Motley Fool","summary":"Apple could increase its spending on Google Cloud by 50% this year.","content":"<p><b>Apple</b> (NASDAQ:AAPL) and <b>Alphabet</b>'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google compete against each other in mobile operating systems, smartphones, smart speakers, streaming media services, digital payments, and other growing markets. However, Apple is also <a href=\"https://laohu8.com/S/AONE\">one</a> of Google's top customers.</p>\n<p>Five years ago, Apple signed a deal with Google Cloud to host some of its iCloud services. The details weren't disclosed, but it was considered a loss for <b>Amazon</b> (NASDAQ:AMZN) Web Services (AWS) and <b>Microsoft</b>'s (NASDAQ:MSFT) Azure, which previously hosted most of Apple's iCloud services.</p>\n<p>Many people wondered if the deal would last. However, digital media newssite <i>The Information </i>recently claimed Apple would boost its spending on Google Cloud by 50% this year and become Google's largest enterprise cloud storage customer. Let's see what this expanded deal could mean for both tech giants.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cc0db7aae99872ee508b75351882fff1\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<h2>Why doesn't Apple build its own cloud platform?</h2>\n<p>Back in 2016, a <i>Re/code</i> report claimed Apple was mulling the development of its own cloud infrastructure platform and estimated it could break even on its own data centers in \"about three years.\"</p>\n<p>That cloud independence would eliminate Apple's dependence on Amazon, Microsoft, and Google, which all compete against Apple in certain markets. It could also support its expansion into next-gen industries, including connected cars, augmented reality devices, and smart home appliances.</p>\n<p>However, Apple also has tremendous bargaining power in securing favorable contracts with the big three cloud platforms. Just as it splits its component orders and manufacturing contracts between different companies, Apple can shop around for the best cloud hosting deals.</p>\n<p>Apple also charges users fees for additional iCloud storage. So as long as that incoming revenue offsets its cloud hosting payments to Google Cloud, AWS, and Azure, it might be more economical to maintain the status quo instead of building a first-party cloud infrastructure platform.</p>\n<p><i>The Information</i> claims Apple will spend about $300 million on Google's cloud storage services this year -- but that would only equal 0.08% of Apple's estimated revenue this year.</p>\n<h2>Will higher spending from Apple actually help Google?</h2>\n<p>Google Cloud's revenue rose 53% to $8.9 billion in 2019 and grew 46% to $13.1 billion -- or 7% of Alphabet's top line -- in 2020. That robust growth was supported by a growing list of customers, including <b>Target</b>, <b>Home Depot</b>, <b>P&amp;G</b>, <b><a href=\"https://laohu8.com/S/PYPL\">PayPal</a></b>, and<b> <a href=\"https://laohu8.com/S/TWTR\">Twitter</a></b>.</p>\n<p>Many retailers didn't want to feed Amazon's most profitable business unit, while some tech companies didn't want to tether themselves to Microsoft's sprawling software ecosystem. For those enterprise customers, Google Cloud seemed to be an attractive alternative.</p>\n<p>However, Google Cloud controlled just 7% of the global cloud infrastructure market in the first quarter of 2021, according to Canalys. AWS controlled 32% of the market, while Azure ranked second with a 19% share.</p>\n<p>Google Cloud also isn't profitable yet. Its operating loss widened from $4.3 billion in 2018 to $4.6 billion in 2019, then widened again to $5.6 billion in 2020. AWS is consistently profitable, while Microsoft doesn't disclose Azure's exact revenue or operating profits.</p>\n<p>These numbers suggest Apple would likely secure the cheapest cloud hosting rates from Google, which needs to gain more partnerships to keep pace with AWS and Azure. That might be great news for Apple, but bad news for Google Cloud's operating profits.</p>\n<h2>The key takeaways</h2>\n<p><i>The Information</i> claims Apple's increased cloud spending could make it Google Cloud's \"largest\" corporate client, but $300 million only equals 2% of Google's total cloud revenue last year. Apple is still likely hosting a lot of its iCloud services on AWS and Azure, so the report doesn't necessarily mean Google Cloud will become Apple's preferred cloud provider.</p>\n<p>Instead, this report indicates it's smarter for Apple to pit the three cloud platform kings against each other to gain favorable hosting prices than it is to build its own cloud infrastructure. It also suggests that Google Cloud -- which likely has significantly less pricing power than AWS and Azure -- could remain unprofitable for the foreseeable future.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Could Become Google's Biggest Cloud Customer</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 Could Become Google's Biggest Cloud Customer\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-02 22:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/07/02/apple-could-become-google-biggest-cloud-customer/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple (NASDAQ:AAPL) and Alphabet's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google compete against each other in mobile operating systems, smartphones, smart speakers, streaming media services, digital payments, ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/02/apple-could-become-google-biggest-cloud-customer/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOGL":"谷歌A","GOOG":"谷歌","AAPL":"苹果"},"source_url":"https://www.fool.com/investing/2021/07/02/apple-could-become-google-biggest-cloud-customer/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2148803897","content_text":"Apple (NASDAQ:AAPL) and Alphabet's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google compete against each other in mobile operating systems, smartphones, smart speakers, streaming media services, digital payments, and other growing markets. However, Apple is also one of Google's top customers.\nFive years ago, Apple signed a deal with Google Cloud to host some of its iCloud services. The details weren't disclosed, but it was considered a loss for Amazon (NASDAQ:AMZN) Web Services (AWS) and Microsoft's (NASDAQ:MSFT) Azure, which previously hosted most of Apple's iCloud services.\nMany people wondered if the deal would last. However, digital media newssite The Information recently claimed Apple would boost its spending on Google Cloud by 50% this year and become Google's largest enterprise cloud storage customer. Let's see what this expanded deal could mean for both tech giants.\nImage source: Getty Images.\nWhy doesn't Apple build its own cloud platform?\nBack in 2016, a Re/code report claimed Apple was mulling the development of its own cloud infrastructure platform and estimated it could break even on its own data centers in \"about three years.\"\nThat cloud independence would eliminate Apple's dependence on Amazon, Microsoft, and Google, which all compete against Apple in certain markets. It could also support its expansion into next-gen industries, including connected cars, augmented reality devices, and smart home appliances.\nHowever, Apple also has tremendous bargaining power in securing favorable contracts with the big three cloud platforms. Just as it splits its component orders and manufacturing contracts between different companies, Apple can shop around for the best cloud hosting deals.\nApple also charges users fees for additional iCloud storage. So as long as that incoming revenue offsets its cloud hosting payments to Google Cloud, AWS, and Azure, it might be more economical to maintain the status quo instead of building a first-party cloud infrastructure platform.\nThe Information claims Apple will spend about $300 million on Google's cloud storage services this year -- but that would only equal 0.08% of Apple's estimated revenue this year.\nWill higher spending from Apple actually help Google?\nGoogle Cloud's revenue rose 53% to $8.9 billion in 2019 and grew 46% to $13.1 billion -- or 7% of Alphabet's top line -- in 2020. That robust growth was supported by a growing list of customers, including Target, Home Depot, P&G, PayPal, and Twitter.\nMany retailers didn't want to feed Amazon's most profitable business unit, while some tech companies didn't want to tether themselves to Microsoft's sprawling software ecosystem. For those enterprise customers, Google Cloud seemed to be an attractive alternative.\nHowever, Google Cloud controlled just 7% of the global cloud infrastructure market in the first quarter of 2021, according to Canalys. AWS controlled 32% of the market, while Azure ranked second with a 19% share.\nGoogle Cloud also isn't profitable yet. Its operating loss widened from $4.3 billion in 2018 to $4.6 billion in 2019, then widened again to $5.6 billion in 2020. AWS is consistently profitable, while Microsoft doesn't disclose Azure's exact revenue or operating profits.\nThese numbers suggest Apple would likely secure the cheapest cloud hosting rates from Google, which needs to gain more partnerships to keep pace with AWS and Azure. That might be great news for Apple, but bad news for Google Cloud's operating profits.\nThe key takeaways\nThe Information claims Apple's increased cloud spending could make it Google Cloud's \"largest\" corporate client, but $300 million only equals 2% of Google's total cloud revenue last year. Apple is still likely hosting a lot of its iCloud services on AWS and Azure, so the report doesn't necessarily mean Google Cloud will become Apple's preferred cloud provider.\nInstead, this report indicates it's smarter for Apple to pit the three cloud platform kings against each other to gain favorable hosting prices than it is to build its own cloud infrastructure. It also suggests that Google Cloud -- which likely has significantly less pricing power than AWS and Azure -- could remain unprofitable for the foreseeable future.","news_type":1},"isVote":1,"tweetType":1,"viewCount":62,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":127027547,"gmtCreate":1624805853189,"gmtModify":1631884993691,"author":{"id":"3585780555170064","authorId":"3585780555170064","authorIdStr":"3585780555170064","name":"Venkisakthi","avatar":"https://static.tigerbbs.com/3ec08c0f381636758efa60d454734dc0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585780555170064"},"themes":[],"htmlText":"Yes.. my vote for Ford too","listText":"Yes.. my vote for Ford too","text":"Yes.. my vote for Ford too","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/127027547","repostId":"1137119316","repostType":4,"repost":{"id":"1137119316","pubTimestamp":1624754401,"share":"https://www.laohu8.com/m/news/1137119316?lang=&edition=full","pubTime":"2021-06-27 08:40","market":"us","language":"en","title":"Ford Or NIO? The Final Verdict","url":"https://stock-news.laohu8.com/highlight/detail?id=1137119316","media":"seekingalpha","summary":"I am comparing Ford against NIO in different categories.The comparison is intended to improve the understanding of Ford's and NIO's growth potential while highlighting differences in market position and opportunities.NIO is growing a lot faster than Ford and the high valuation may be justified.With Ford  launching a major offensive in the market for electric vehicles, Chinese EV maker NIO  will face one more rival competing for sales in the future. Which vehicle maker offers the best deal based ","content":"<p><b>Summary</b></p>\n<ul>\n <li>I am comparing Ford against NIO in different categories.</li>\n <li>The comparison is intended to improve the understanding of Ford's and NIO's growth potential while highlighting differences in market position and opportunities.</li>\n <li>NIO is growing a lot faster than Ford and the high valuation may be justified.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5033fa117d7852799244b8275bc1000f\" tg-width=\"1536\" tg-height=\"886\"><span>peterschreiber.media/iStock via Getty Images</span></p>\n<p>With Ford (F) launching a major offensive in the market for electric vehicles, Chinese EV maker NIO (NIO) will face one more rival competing for sales in the future. Which vehicle maker offers the best deal based on market opportunity, scale, revenue model, growth prospects and valuation? I will compare Ford against NIO in each category and issue a final verdict at the end.</p>\n<p><b>Ford vs. NIO: The battle for the global electric vehicle market is heating up</b></p>\n<p>Although there is a world of difference between Ford and NIO, both companies are set to go toe-to-toe in the rapidly growing global electric vehicle market. Ford’s fleet is not yet EV-focused but this is going to change: Feeling that the EV race is heating up, Ford said it is accelerating its electrification plan by investing&nbsp;$30B into its EV manufacturing capabilities until 2025. Ford’s previous capital plan called for a $22B investment in zero-emission vehicles. Ford also set an ambitious sales goal: 40% of its global sales will be electric within the next decade and 33% of pickup truck sales. Electric vehicle sales account for just 1% of Ford's sales today. As Ford is phasing out combustion engines, it is set to evolve into an all-electric vehicle maker by 2040.</p>\n<p><b>Market opportunity</b></p>\n<p>In 2020, 3.2m electric vehicles were sold in the world which represented a small market share of just 4.2%. China, however, was responsible for buying 41% of all electric vehicles in the world in 2020. Chinese buyers purchased 1.3m electric vehicles last year and sales are set to grow fast as Beijing seeks to boost EV adoption. The second largest market for electric vehicles was Europe which accounted for 42% of global EV sales. The US is only the third-largest market for plug-in electric vehicles in the world.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b48c23b32134542f51227d9b1b612887\" tg-width=\"1083\" tg-height=\"863\"><span>(Source: Wikipedia)</span></p>\n<p>China, by far, is the fastest growing EV market in the world, although Europe is catching up fast, in part due to a legislative efforts to increase adoption of zero-emission passenger vehicles and because of massive investments in a Europe-wide charging station network. NIO is&nbsp;on the cusp of entering the European market&nbsp;in a bid to grow market share in the world’s second-largest EV market before the competition is ready.</p>\n<p>Beijing is a driver behind the electrification of the Chinese auto industry: The government wants to see a&nbsp;twenty percent share&nbsp;of electric vehicles for new car sales by 2025 which will drive EV penetration in NIO’s home market.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9871e44eaf69adb27151425887870ace\" tg-width=\"739\" tg-height=\"454\"><span>(Source:Schroders)</span></p>\n<p>Turning to growth projections.</p>\n<p>With more favorable government policies for EV makers in places like China and Europe, these markets are poised to see the fastest sales growth and the highest EV adoption rates in the world. China is not only the largest market due to population size but is also expected to outperform all other markets in the world in EV sales until 2030.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/61d19dff2f34e2d8828aca854e85d84a\" tg-width=\"825\" tg-height=\"565\"><span>(Source:McKinsey)</span></p>\n<p>Since China has a larger total market size, a higher EV adoption rate, stronger expected sales growth and a more favorable regulatory framework, the winner here would be: NIO.</p>\n<p><b>Scale and manufacturing competence</b></p>\n<p>Ford has a century’s worth of manufacturing experience. But Ford, so far, has only one all-electric vehicle in its product line-up that compares to NIO: The Mustang Mach-E SUV. In 2022, Ford will begin to sell the all-electric F-150 Lightening which builds on the success of Ford’s best-selling pick-up truck. NIO already has a stronger product catalog including the 5-seater ES6 SUV, the 5-seater coupe SUV EC6 and the ES8, a 6-seater and 7-seater full-sized SUV.</p>\n<p>Since NIO is solely focused on producing EVs and occupies a very small and defined niche, the Chinese firm has an advantage as far as EV-manufacturing expertise goes. The question is how long this advantage can last. Ford has extensive experience in building cars and can leverage a global manufacturing base to ramp up EV production faster than any niche EV maker could ever hope to achieve. This makes Ford a very serious rival not only to Tesla (TSLA) in the US, but also to NIO abroad. Ford is accelerating its electrification plans and it has the resources and the ambition to become a leader in EVs within the next decade. Ford’s proposed $30B spending on the electrification of its fleet will accelerate its transformation and turn Ford into a long term threat to other EV makers.</p>\n<p>Winner here: Ford.</p>\n<p><b>Differentiation and BaaS revenue model</b></p>\n<p>Both Ford and NIO know about the importance of differentiation in a market that will only get more competitive over time, which is why both companies are investing heavily in a related field that can break or solidify dominance in the EV market: Battery technology.</p>\n<p>Ford is&nbsp;forming a joint venture&nbsp;with South Korean battery technology company SK Innovation to secure supply of traction battery cells and array modules. The joint venture is meant to accelerate battery deliveries and will produce approximately 60 GWh annually, enough to cover 25% of Ford’s estimated annual energy demand by 2030. NIO is also investing in battery technology and has&nbsp;formed its own joint venture&nbsp;to secure battery supply.</p>\n<p>The difference to Ford is that NIO’s battery investment strategy revolves around a battery subscription model, also called “battery-as-a-service”, which creates a strong, long term revenue opportunity for the Chinese vehicle maker. Under this “BaaS” model, users who buy a NIO electric vehicle get a 70,000 RMB initial discount, equivalent to $10,800, and can sign up for a monthly subscription to rent a rechargeable 70 kWh battery. Batteries can then be exchanged at one of NIO’s battery-swapping stations which can be found in most big Chinese cities. A battery subscription costs 980 RMB monthly which is the equivalent of $150.</p>\n<p>The BaaS model has a couple of benefits for both the vehicle maker and the user: Purchasing an electric vehicle from NIO gets a lot more affordable due to the up-front discount and the subscription model ensures that users benefit from advancement in battery technology and better performance over time. Decoupling battery costs from vehicle prices creates an entirely new revenue stream on a subscription basis for NIO. Revenues from “BaaS” subscriptions could be used to increase the density of NIO’s network of charging/replacement stations. The battery subscription model also binds customers to NIO, potentially increasing customer lifetime value.</p>\n<p>Ford and NIO are primed to benefit from falling battery costs for electric vehicles as they ramp up capital allocations. As more investments flow into developing more efficient batteries, performance will go up and costs will go down which should drive EV adoption and benefit all EV makers. This is because lower battery prices make EVs more competitive to passenger vehicles with combustion engines. But since NIO is structuring a part of its business model explicitly around battery subscriptions, NIO could benefit more than Ford.</p>\n<p>Battery costs for EVs have decreased 70% since 2014, based on information provided by investment firm Schroders, and are set to decrease more this decade.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c42acb75905affe7570a2f399ea3192f\" tg-width=\"758\" tg-height=\"449\"><span>(Source: Schroders)</span></p>\n<p>The “BaaS” model is genius and could develop into a $500M a year revenue opportunity for NIO long term. Although Ford is ramping up its investments in battery technology, the winner in this category is: NIO.</p>\n<p><b>Sales growth and valuation</b></p>\n<p>Ford’s sales in May grew 4.1% Y/Y but electrified vehicle sales (including hybrids) surged 184% Y/Y as Ford sold a record 10,364 EVs/hybrids in May. Escape electrified sales and Explorer Hybrid grew sales at 125% and 132% Y/Y showing strong customer uptake. NIO delivered 6,711 vehicles last month including 3,017 ES6s, 1,412 ES8s and 2,282 EC6s. Total Y/Y delivery growth for May was 95.3%.</p>\n<p>Ford's sales are fifty-four times larger than NIO's which creates more sales growth and revaluation potential for NIO.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/df5a0a393e44ed74241c5effcdd92350\" tg-width=\"635\" tg-height=\"419\"><span>Data by YCharts</span></p>\n<p>The difference in valuation between Ford and NIO is like the difference between night and day. This is because Ford is still seen as a mature vehicle maker with expected enterprise sales growth in the low-to-mid digits, despite explosive growth in the EV category. Ford is expected to grow revenues by 33% until FY 2025 (base year: FY 2020) and NIO by 808%!</p>\n<p>Due to these differences in sales growth, NIO is the complete opposite of Ford, at least as far as valuation goes. The Chinese EV-maker is expected to see sales and delivery growth close to 100% this year and since NIO is only dealing in EVs, NIO gets a much higher market-cap-to-sales ratio than Ford.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/817605c6b1e82c03d0473ea570d32b8f\" tg-width=\"506\" tg-height=\"406\"><span>(Source: Author)</span></p>\n<p><b>NIO has larger risks...</b></p>\n<p>NIO is the more risky venture, but also the one that offers the most promise. Government policy favors EV-makers like NIO. The potential for total global sales growth is larger for NIO as it operates from a smaller revenue base compared to Ford. But there are also a few things that work against NIO. For example, recalls due to production defects would be a much bigger challenge for NIO to overcome than for Ford which can rely on a global service and distribution network. NIO’s valuation is also not without risk as an unexpected slowing of sales growth due to production setbacks would leave a much larger dent in the financials.</p>\n<p><b>Final verdict</b></p>\n<p>NIO is definitely the more “sexy” vehicle maker. Strong adoption and sales growth in China and Europe support NIO. Its super smart BaaS model which decouples vehicle purchase prices from battery costs is genius. You pay a high price for this growth but the market opportunity for NIO is immense.</p>\n<p>Ford’s EV sales are booming and the percentage of EV sales will increase as the vehicle maker electrifies its fleet. Ford has a lot of potential in the EV market but since EV sales are still a relatively low percentage of total sales, it will take a long time for Ford to complete its transformation.</p>\n<p>If you believe in the potential of the global EV market, buy NIO. If you believe in the potential of the global EV market and don’t like much risk, buy Ford.</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>Ford Or NIO? The Final Verdict</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\">\nFord Or NIO? The Final Verdict\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-27 08:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4436600-ford-or-nio-the-final-verdict><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nI am comparing Ford against NIO in different categories.\nThe comparison is intended to improve the understanding of Ford's and NIO's growth potential while highlighting differences in market ...</p>\n\n<a href=\"https://seekingalpha.com/article/4436600-ford-or-nio-the-final-verdict\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"F":"福特汽车","NIO":"蔚来"},"source_url":"https://seekingalpha.com/article/4436600-ford-or-nio-the-final-verdict","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137119316","content_text":"Summary\n\nI am comparing Ford against NIO in different categories.\nThe comparison is intended to improve the understanding of Ford's and NIO's growth potential while highlighting differences in market position and opportunities.\nNIO is growing a lot faster than Ford and the high valuation may be justified.\n\npeterschreiber.media/iStock via Getty Images\nWith Ford (F) launching a major offensive in the market for electric vehicles, Chinese EV maker NIO (NIO) will face one more rival competing for sales in the future. Which vehicle maker offers the best deal based on market opportunity, scale, revenue model, growth prospects and valuation? I will compare Ford against NIO in each category and issue a final verdict at the end.\nFord vs. NIO: The battle for the global electric vehicle market is heating up\nAlthough there is a world of difference between Ford and NIO, both companies are set to go toe-to-toe in the rapidly growing global electric vehicle market. Ford’s fleet is not yet EV-focused but this is going to change: Feeling that the EV race is heating up, Ford said it is accelerating its electrification plan by investing $30B into its EV manufacturing capabilities until 2025. Ford’s previous capital plan called for a $22B investment in zero-emission vehicles. Ford also set an ambitious sales goal: 40% of its global sales will be electric within the next decade and 33% of pickup truck sales. Electric vehicle sales account for just 1% of Ford's sales today. As Ford is phasing out combustion engines, it is set to evolve into an all-electric vehicle maker by 2040.\nMarket opportunity\nIn 2020, 3.2m electric vehicles were sold in the world which represented a small market share of just 4.2%. China, however, was responsible for buying 41% of all electric vehicles in the world in 2020. Chinese buyers purchased 1.3m electric vehicles last year and sales are set to grow fast as Beijing seeks to boost EV adoption. The second largest market for electric vehicles was Europe which accounted for 42% of global EV sales. The US is only the third-largest market for plug-in electric vehicles in the world.\n(Source: Wikipedia)\nChina, by far, is the fastest growing EV market in the world, although Europe is catching up fast, in part due to a legislative efforts to increase adoption of zero-emission passenger vehicles and because of massive investments in a Europe-wide charging station network. NIO is on the cusp of entering the European market in a bid to grow market share in the world’s second-largest EV market before the competition is ready.\nBeijing is a driver behind the electrification of the Chinese auto industry: The government wants to see a twenty percent share of electric vehicles for new car sales by 2025 which will drive EV penetration in NIO’s home market.\n(Source:Schroders)\nTurning to growth projections.\nWith more favorable government policies for EV makers in places like China and Europe, these markets are poised to see the fastest sales growth and the highest EV adoption rates in the world. China is not only the largest market due to population size but is also expected to outperform all other markets in the world in EV sales until 2030.\n(Source:McKinsey)\nSince China has a larger total market size, a higher EV adoption rate, stronger expected sales growth and a more favorable regulatory framework, the winner here would be: NIO.\nScale and manufacturing competence\nFord has a century’s worth of manufacturing experience. But Ford, so far, has only one all-electric vehicle in its product line-up that compares to NIO: The Mustang Mach-E SUV. In 2022, Ford will begin to sell the all-electric F-150 Lightening which builds on the success of Ford’s best-selling pick-up truck. NIO already has a stronger product catalog including the 5-seater ES6 SUV, the 5-seater coupe SUV EC6 and the ES8, a 6-seater and 7-seater full-sized SUV.\nSince NIO is solely focused on producing EVs and occupies a very small and defined niche, the Chinese firm has an advantage as far as EV-manufacturing expertise goes. The question is how long this advantage can last. Ford has extensive experience in building cars and can leverage a global manufacturing base to ramp up EV production faster than any niche EV maker could ever hope to achieve. This makes Ford a very serious rival not only to Tesla (TSLA) in the US, but also to NIO abroad. Ford is accelerating its electrification plans and it has the resources and the ambition to become a leader in EVs within the next decade. Ford’s proposed $30B spending on the electrification of its fleet will accelerate its transformation and turn Ford into a long term threat to other EV makers.\nWinner here: Ford.\nDifferentiation and BaaS revenue model\nBoth Ford and NIO know about the importance of differentiation in a market that will only get more competitive over time, which is why both companies are investing heavily in a related field that can break or solidify dominance in the EV market: Battery technology.\nFord is forming a joint venture with South Korean battery technology company SK Innovation to secure supply of traction battery cells and array modules. The joint venture is meant to accelerate battery deliveries and will produce approximately 60 GWh annually, enough to cover 25% of Ford’s estimated annual energy demand by 2030. NIO is also investing in battery technology and has formed its own joint venture to secure battery supply.\nThe difference to Ford is that NIO’s battery investment strategy revolves around a battery subscription model, also called “battery-as-a-service”, which creates a strong, long term revenue opportunity for the Chinese vehicle maker. Under this “BaaS” model, users who buy a NIO electric vehicle get a 70,000 RMB initial discount, equivalent to $10,800, and can sign up for a monthly subscription to rent a rechargeable 70 kWh battery. Batteries can then be exchanged at one of NIO’s battery-swapping stations which can be found in most big Chinese cities. A battery subscription costs 980 RMB monthly which is the equivalent of $150.\nThe BaaS model has a couple of benefits for both the vehicle maker and the user: Purchasing an electric vehicle from NIO gets a lot more affordable due to the up-front discount and the subscription model ensures that users benefit from advancement in battery technology and better performance over time. Decoupling battery costs from vehicle prices creates an entirely new revenue stream on a subscription basis for NIO. Revenues from “BaaS” subscriptions could be used to increase the density of NIO’s network of charging/replacement stations. The battery subscription model also binds customers to NIO, potentially increasing customer lifetime value.\nFord and NIO are primed to benefit from falling battery costs for electric vehicles as they ramp up capital allocations. As more investments flow into developing more efficient batteries, performance will go up and costs will go down which should drive EV adoption and benefit all EV makers. This is because lower battery prices make EVs more competitive to passenger vehicles with combustion engines. But since NIO is structuring a part of its business model explicitly around battery subscriptions, NIO could benefit more than Ford.\nBattery costs for EVs have decreased 70% since 2014, based on information provided by investment firm Schroders, and are set to decrease more this decade.\n(Source: Schroders)\nThe “BaaS” model is genius and could develop into a $500M a year revenue opportunity for NIO long term. Although Ford is ramping up its investments in battery technology, the winner in this category is: NIO.\nSales growth and valuation\nFord’s sales in May grew 4.1% Y/Y but electrified vehicle sales (including hybrids) surged 184% Y/Y as Ford sold a record 10,364 EVs/hybrids in May. Escape electrified sales and Explorer Hybrid grew sales at 125% and 132% Y/Y showing strong customer uptake. NIO delivered 6,711 vehicles last month including 3,017 ES6s, 1,412 ES8s and 2,282 EC6s. Total Y/Y delivery growth for May was 95.3%.\nFord's sales are fifty-four times larger than NIO's which creates more sales growth and revaluation potential for NIO.\nData by YCharts\nThe difference in valuation between Ford and NIO is like the difference between night and day. This is because Ford is still seen as a mature vehicle maker with expected enterprise sales growth in the low-to-mid digits, despite explosive growth in the EV category. Ford is expected to grow revenues by 33% until FY 2025 (base year: FY 2020) and NIO by 808%!\nDue to these differences in sales growth, NIO is the complete opposite of Ford, at least as far as valuation goes. The Chinese EV-maker is expected to see sales and delivery growth close to 100% this year and since NIO is only dealing in EVs, NIO gets a much higher market-cap-to-sales ratio than Ford.\n(Source: Author)\nNIO has larger risks...\nNIO is the more risky venture, but also the one that offers the most promise. Government policy favors EV-makers like NIO. The potential for total global sales growth is larger for NIO as it operates from a smaller revenue base compared to Ford. But there are also a few things that work against NIO. For example, recalls due to production defects would be a much bigger challenge for NIO to overcome than for Ford which can rely on a global service and distribution network. NIO’s valuation is also not without risk as an unexpected slowing of sales growth due to production setbacks would leave a much larger dent in the financials.\nFinal verdict\nNIO is definitely the more “sexy” vehicle maker. Strong adoption and sales growth in China and Europe support NIO. Its super smart BaaS model which decouples vehicle purchase prices from battery costs is genius. You pay a high price for this growth but the market opportunity for NIO is immense.\nFord’s EV sales are booming and the percentage of EV sales will increase as the vehicle maker electrifies its fleet. Ford has a lot of potential in the EV market but since EV sales are still a relatively low percentage of total sales, it will take a long time for Ford to complete its transformation.\nIf you believe in the potential of the global EV market, buy NIO. If you believe in the potential of the global EV market and don’t like much risk, buy Ford.","news_type":1},"isVote":1,"tweetType":1,"viewCount":90,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":120271686,"gmtCreate":1624326261945,"gmtModify":1634007763769,"author":{"id":"3585780555170064","authorId":"3585780555170064","authorIdStr":"3585780555170064","name":"Venkisakthi","avatar":"https://static.tigerbbs.com/3ec08c0f381636758efa60d454734dc0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585780555170064"},"themes":[],"htmlText":"Not bad..","listText":"Not bad..","text":"Not bad..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/120271686","repostId":"1191349655","repostType":4,"isVote":1,"tweetType":1,"viewCount":74,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":173953780,"gmtCreate":1626605282840,"gmtModify":1633925535457,"author":{"id":"3585780555170064","authorId":"3585780555170064","authorIdStr":"3585780555170064","name":"Venkisakthi","avatar":"https://static.tigerbbs.com/3ec08c0f381636758efa60d454734dc0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585780555170064"},"themes":[],"htmlText":"It’s the future","listText":"It’s the future","text":"It’s the future","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/173953780","repostId":"2152968147","repostType":4,"repost":{"id":"2152968147","pubTimestamp":1626555600,"share":"https://www.laohu8.com/m/news/2152968147?lang=&edition=full","pubTime":"2021-07-18 05:00","market":"sg","language":"en","title":"Battery tycoon charges ahead in wealth rankings","url":"https://stock-news.laohu8.com/highlight/detail?id=2152968147","media":"The Straits Times","summary":"(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech comb","content":"<div>\n<p>(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech combined.\nAfter all, Dr Zeng Yuqun, founder of the world's biggest electric-vehicle battery maker, has ...</p>\n\n<a href=\"http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings\">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>Battery tycoon charges ahead in wealth rankings</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; 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height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBattery tycoon charges ahead in wealth rankings\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-18 05:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech combined.\nAfter all, Dr Zeng Yuqun, founder of the world's biggest electric-vehicle battery maker, has ...</p>\n\n<a href=\"http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-W","QNETCN":"纳斯达克中美互联网老虎指数"},"source_url":"http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2152968147","content_text":"(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech combined.\nAfter all, Dr Zeng Yuqun, founder of the world's biggest electric-vehicle battery maker, has overtaken Mr Jack Ma in the wealth rankings, a symbolic moment in the rise of China's green billionaires.\nHis net worth has jumped to US$49.5 billion (S$67 billion), according to the Bloomberg Billionaires Index, as shares of Contemporary Amperex Technology (CATL) surged this year.\nThat exceeds Alibaba Group co-founder Mr Ma's wealth of US$48.1 billion and makes Dr Zeng one of the five richest people in Asia for the first time.\nInvestors have pushed up stocks such as CATL, a key supplier to Tesla, as the country leads the market for electric-vehicle sales and pursues an ambitious policy of reaching carbon neutrality in 2060.\n\"The billionaire ranking used to be dominated by real estate tycoons and later tech entrepreneurs, and now we are seeing more from the new energy sector,\" said Mr Hao Gao, director of Tsinghua University's NIFR Global Family Business Research Centre.\n\"As the industry leader for electric-vehicle batteries, CATL will benefit most from the carbon emission goal.\"\nDr Zeng, 53, who hails from a village in Fujian in south-east China, built CATL into a battery juggernaut in less than a decade, creating the largest global producer of rechargeable cells for plug-in vehicles.\nGlobal electric-vehicle battery sales more than doubled in the first four months of this year from a year earlier, with CATL accounting for 32.5 per cent of the market.\nCATL's stock has surged more than 20-fold since the company went public in Shenzhen in 2018. It is up about 60 per cent this year alone as demand for electric vehicles increases, countries work to reduce carbon emissions and costs tumble.\nCATL trades at more than 100 times estimated earnings, compared with about 13 times for its competitor Panasonic.\nIn addition to Tesla, CATL counts BMW and Volkswagen among its customers.\nIn an interview last year, Dr Zeng said he and Tesla chief executive officer Elon Musk text about technology, Covid-19 and Mr Musk's main interest: cheaper batteries and cars.\nDr Zeng, who earned his doctorate in condensed matter physics from the Chinese Academy of Science in Beijing, is not the only billionaire who is benefiting from the surge in CATL's stock. Mr Huang Shilin, a vice-chairman of the company, is worth more than US$21 billion, while Mr Li Ping, who is also a vice-chairman, has a fortune worth US$8.5 billion.\nAs Dr Zeng's star rises, Mr Ma's has been on the wane. The value of Mr Ma's fintech arm Ant Group has plummeted since the former English teacher openly pushed back against Beijing, prompting the Chinese authorities to quash the company's plans for a huge initial public offering. Mr Ma, 56, has all but dropped from public view, and has lost US$2.5 billion in wealth this year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":70,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":141921285,"gmtCreate":1625834702247,"gmtModify":1633936885471,"author":{"id":"3585780555170064","authorId":"3585780555170064","authorIdStr":"3585780555170064","name":"Venkisakthi","avatar":"https://static.tigerbbs.com/3ec08c0f381636758efa60d454734dc0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585780555170064"},"themes":[],"htmlText":"Is split up anytime soon","listText":"Is split up anytime soon","text":"Is split up anytime soon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/141921285","repostId":"1132560832","repostType":4,"repost":{"id":"1132560832","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":1625831887,"share":"https://www.laohu8.com/m/news/1132560832?lang=&edition=full","pubTime":"2021-07-09 19:58","market":"us","language":"en","title":"Stamps.com shares surges 14% in premarket trading,as going private at $330 per share in $6.6B cash deal with Thoma Bravo","url":"https://stock-news.laohu8.com/highlight/detail?id=1132560832","media":"Tiger Newspress","summary":"Stamps.com shares surges 14% in premarket trading,as going private at $330 per share in $6.6B cash d","content":"<p>Stamps.com&nbsp;shares&nbsp;surges&nbsp;14%&nbsp;in&nbsp;premarket&nbsp;trading,as&nbsp;going private at $330 per share in $6.6B cash deal with Thoma Bravo.</p>\n<p><img src=\"https://static.tigerbbs.com/04f161f070e63ab83519e4d884ce773d\" tg-width=\"1272\" tg-height=\"604\" referrerpolicy=\"no-referrer\"></p>\n<ul>\n <li>Stamps.com(NASDAQ:STMP)stockholders toreceive $330.00 per share in cash.</li>\n <li>The offer price per share represents a&nbsp;<b>premium of 66.9% over Stamps.com's closing share price</b>&nbsp;on July 08, 2021.</li>\n <li>Stamps.com’s Board of Directors has unanimously approved the agreement with Thoma Bravo.</li>\n <li>Post-completion, Stamps.com will become a private company with the flexibility and resources to provide global e-commerce technology solutions.</li>\n <li>Additionally, Stamps.com will benefit from the operating capabilities, capital support, and deep sector expertise of Thoma Bravo.</li>\n <li>The agreement includes a 40-day “go-shop” period expiring August 18, 2021, allowing the Board and its advisors to actively initiate, solicit and consider alternative acquisition proposals from third parties.</li>\n <li>The transaction is expected to close in Q3'21, subject to customary closing conditions, including approval by Stamps.com stockholders and receipt of regulatory approvals.</li>\n <li>Stamps.com to resume trading at 8 a.m. ET</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>Stamps.com shares surges 14% in premarket trading,as going private at $330 per share in $6.6B cash deal with Thoma Bravo</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\">\nStamps.com shares surges 14% in premarket trading,as going private at $330 per share in $6.6B cash deal with Thoma Bravo\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\">2021-07-09 19:58</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Stamps.com&nbsp;shares&nbsp;surges&nbsp;14%&nbsp;in&nbsp;premarket&nbsp;trading,as&nbsp;going private at $330 per share in $6.6B cash deal with Thoma Bravo.</p>\n<p><img src=\"https://static.tigerbbs.com/04f161f070e63ab83519e4d884ce773d\" tg-width=\"1272\" tg-height=\"604\" referrerpolicy=\"no-referrer\"></p>\n<ul>\n <li>Stamps.com(NASDAQ:STMP)stockholders toreceive $330.00 per share in cash.</li>\n <li>The offer price per share represents a&nbsp;<b>premium of 66.9% over Stamps.com's closing share price</b>&nbsp;on July 08, 2021.</li>\n <li>Stamps.com’s Board of Directors has unanimously approved the agreement with Thoma Bravo.</li>\n <li>Post-completion, Stamps.com will become a private company with the flexibility and resources to provide global e-commerce technology solutions.</li>\n <li>Additionally, Stamps.com will benefit from the operating capabilities, capital support, and deep sector expertise of Thoma Bravo.</li>\n <li>The agreement includes a 40-day “go-shop” period expiring August 18, 2021, allowing the Board and its advisors to actively initiate, solicit and consider alternative acquisition proposals from third parties.</li>\n <li>The transaction is expected to close in Q3'21, subject to customary closing conditions, including approval by Stamps.com stockholders and receipt of regulatory approvals.</li>\n <li>Stamps.com to resume trading at 8 a.m. ET</li>\n</ul>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STMP":"Stamps.com Inc"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1132560832","content_text":"Stamps.com shares surges 14% in premarket trading,as going private at $330 per share in $6.6B cash deal with Thoma Bravo.\n\n\nStamps.com(NASDAQ:STMP)stockholders toreceive $330.00 per share in cash.\nThe offer price per share represents a premium of 66.9% over Stamps.com's closing share price on July 08, 2021.\nStamps.com’s Board of Directors has unanimously approved the agreement with Thoma Bravo.\nPost-completion, Stamps.com will become a private company with the flexibility and resources to provide global e-commerce technology solutions.\nAdditionally, Stamps.com will benefit from the operating capabilities, capital support, and deep sector expertise of Thoma Bravo.\nThe agreement includes a 40-day “go-shop” period expiring August 18, 2021, allowing the Board and its advisors to actively initiate, solicit and consider alternative acquisition proposals from third parties.\nThe transaction is expected to close in Q3'21, subject to customary closing conditions, including approval by Stamps.com stockholders and receipt of regulatory approvals.\nStamps.com to resume trading at 8 a.m. ET","news_type":1},"isVote":1,"tweetType":1,"viewCount":30,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":170700416,"gmtCreate":1626448861335,"gmtModify":1633926621657,"author":{"id":"3585780555170064","authorId":"3585780555170064","authorIdStr":"3585780555170064","name":"Venkisakthi","avatar":"https://static.tigerbbs.com/3ec08c0f381636758efa60d454734dc0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585780555170064"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/170700416","repostId":"1144679332","repostType":4,"isVote":1,"tweetType":1,"viewCount":117,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":152515087,"gmtCreate":1625311350849,"gmtModify":1633941552101,"author":{"id":"3585780555170064","authorId":"3585780555170064","authorIdStr":"3585780555170064","name":"Venkisakthi","avatar":"https://static.tigerbbs.com/3ec08c0f381636758efa60d454734dc0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585780555170064"},"themes":[],"htmlText":"I hope it will turn around..","listText":"I hope it will turn around..","text":"I hope it will turn around..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/152515087","repostId":"1146176335","repostType":4,"repost":{"id":"1146176335","pubTimestamp":1625277627,"share":"https://www.laohu8.com/m/news/1146176335?lang=&edition=full","pubTime":"2021-07-03 10:00","market":"us","language":"en","title":"Can Alibaba Turn Around Its Woes in the Second Half of 2021?","url":"https://stock-news.laohu8.com/highlight/detail?id=1146176335","media":"The Street","summary":"Alibaba has been a sore laggard compared with its large- and mega-cap peers. Can that change in the second half of 2021?Alibaba  -Get Report has been a total dog so far this year. Shares were trading well into the fourth quarter of 2020 but then a string of issues pummeled the stock.Regulators disrupted Ant's initial public offering, then dug deeper on Alibaba and dialed up the heat.Investors don’t like regulatory issues as it is but particularly when we’re dealing with Chinese regulators.Howeve","content":"<blockquote>\n Alibaba has been a sore laggard compared with its large- and mega-cap peers. Can that change in the second half of 2021?\n</blockquote>\n<p>Alibaba&nbsp;(<b>BABA</b>) -Get Report&nbsp;has been a total dog so far this year. Shares were trading well into the fourth quarter of 2020 but then a string of issues pummeled the stock.</p>\n<p>Regulators disrupted Ant's initial public offering, then dug deeper on Alibaba and dialed up the heat.</p>\n<p>Investors don’t like regulatory issues as it is but particularly when we’re dealing with Chinese regulators.</p>\n<p>However, in April, Alibaba paid a smaller-than-expectedbut still record fine, hoping to puts its regulatory issues behind it. Still, the stock hasn’t responded the way bulls were hoping.</p>\n<p>All of this comes as the S&amp;P 500 and Nasdaq continue to grind outnew all-time highs.</p>\n<p>It also comes as FAANG stocks continue to trade incredibly well. Alphabet&nbsp;(<b>GOOGL</b>) -Get Reportis the top performerwith a near-40% gain in the first half of the year, while Netflix&nbsp;(<b>NFLX</b>) -Get Report&nbsp;is the worst, with a 2.3% drop.</p>\n<p>Alibaba has a similar first-half performance, down 2.6%. However, it’s doing far worse from the highs, down more than 30%.</p>\n<p>Can it turn around its woes in the second half and start rallying higher?</p>\n<p><img src=\"https://static.tigerbbs.com/9975f383919ff8cfc34fca49a32d8e8f\" tg-width=\"700\" tg-height=\"494\"></p>\n<p>Call me a hopeless optimist, but I feel that Alibaba can have a solid second-half performance.</p>\n<p>The overall market has done too well and so has large-cap tech. The fundamentals of the business are intact and growth is strong. It’s like Amazon&nbsp;(<b>AMZN</b>) -Get Report.Eventually, it will perform better&nbsp;- it’s a question of “when” and not “if.”</p>\n<p>Shares continue to hold the $210 to $212 area and have recently cleared downtrend resistance (blue line). That said, there’s plenty of overhead hurdles.</p>\n<p>Specifically, Alibaba stock is struggling with the 21-week moving average, as well as the 21-month and 10-month moving averages.</p>\n<p>Let’s be clear: There are not a lot of bullish technical components here. If Alibaba stock could hold the 10-week moving average on this week’s dip, I’d feel better about it.</p>\n<p>However, as long as it can hold up over the $210 level and really, the 200-week moving average, I feel okay about Alibaba going into the next six months.</p>\n<p>A push over $235 - thus putting it over all of the moving average hurdles mentioned above - could open up a run to $250, then $263. Above $275 and $300 is in play.</p>\n<p>Keep the risk in mind but this could be a solid second-half rebound play.</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>Can Alibaba Turn Around Its Woes in the Second Half of 2021?</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\">\nCan Alibaba Turn Around Its Woes in the Second Half of 2021?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-03 10:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/investing/alibaba-baba-stock-second-half-2021-trading?puc=yahoo&cm_ven=YAHOO><strong>The Street</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Alibaba has been a sore laggard compared with its large- and mega-cap peers. Can that change in the second half of 2021?\n\nAlibaba (BABA) -Get Report has been a total dog so far this year. Shares were ...</p>\n\n<a href=\"https://www.thestreet.com/investing/alibaba-baba-stock-second-half-2021-trading?puc=yahoo&cm_ven=YAHOO\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","09618":"京东集团-SW"},"source_url":"https://www.thestreet.com/investing/alibaba-baba-stock-second-half-2021-trading?puc=yahoo&cm_ven=YAHOO","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146176335","content_text":"Alibaba has been a sore laggard compared with its large- and mega-cap peers. Can that change in the second half of 2021?\n\nAlibaba (BABA) -Get Report has been a total dog so far this year. Shares were trading well into the fourth quarter of 2020 but then a string of issues pummeled the stock.\nRegulators disrupted Ant's initial public offering, then dug deeper on Alibaba and dialed up the heat.\nInvestors don’t like regulatory issues as it is but particularly when we’re dealing with Chinese regulators.\nHowever, in April, Alibaba paid a smaller-than-expectedbut still record fine, hoping to puts its regulatory issues behind it. Still, the stock hasn’t responded the way bulls were hoping.\nAll of this comes as the S&P 500 and Nasdaq continue to grind outnew all-time highs.\nIt also comes as FAANG stocks continue to trade incredibly well. Alphabet (GOOGL) -Get Reportis the top performerwith a near-40% gain in the first half of the year, while Netflix (NFLX) -Get Report is the worst, with a 2.3% drop.\nAlibaba has a similar first-half performance, down 2.6%. However, it’s doing far worse from the highs, down more than 30%.\nCan it turn around its woes in the second half and start rallying higher?\n\nCall me a hopeless optimist, but I feel that Alibaba can have a solid second-half performance.\nThe overall market has done too well and so has large-cap tech. The fundamentals of the business are intact and growth is strong. It’s like Amazon (AMZN) -Get Report.Eventually, it will perform better - it’s a question of “when” and not “if.”\nShares continue to hold the $210 to $212 area and have recently cleared downtrend resistance (blue line). That said, there’s plenty of overhead hurdles.\nSpecifically, Alibaba stock is struggling with the 21-week moving average, as well as the 21-month and 10-month moving averages.\nLet’s be clear: There are not a lot of bullish technical components here. If Alibaba stock could hold the 10-week moving average on this week’s dip, I’d feel better about it.\nHowever, as long as it can hold up over the $210 level and really, the 200-week moving average, I feel okay about Alibaba going into the next six months.\nA push over $235 - thus putting it over all of the moving average hurdles mentioned above - could open up a run to $250, then $263. Above $275 and $300 is in play.\nKeep the risk in mind but this could be a solid second-half rebound play.","news_type":1},"isVote":1,"tweetType":1,"viewCount":15,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":152512579,"gmtCreate":1625311207291,"gmtModify":1633941552465,"author":{"id":"3585780555170064","authorId":"3585780555170064","authorIdStr":"3585780555170064","name":"Venkisakthi","avatar":"https://static.tigerbbs.com/3ec08c0f381636758efa60d454734dc0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585780555170064"},"themes":[],"htmlText":"&nbsp;Cool..&nbsp;","listText":"&nbsp;Cool..&nbsp;","text":"Cool..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/152512579","repostId":"1140994998","repostType":4,"repost":{"id":"1140994998","pubTimestamp":1625286969,"share":"https://www.laohu8.com/m/news/1140994998?lang=&edition=full","pubTime":"2021-07-03 12:36","market":"us","language":"en","title":"5 of the Best Tech Stocks to Buy for July","url":"https://stock-news.laohu8.com/highlight/detail?id=1140994998","media":"yahoo","summary":"Tech stocks are back on the upswing.\nIt was a rough spring for the technology sector, as traders ins","content":"<p>Tech stocks are back on the upswing.</p>\n<p>It was a rough spring for the technology sector, as traders instead turned their attention to reopening stocks along withcryptocurrenciesand meme plays. However, now crypto has plunged and reopening stocks are taking on water as well amid a surge in COVID-19 virus variants.</p>\n<p>A recent Federal Reserve decision caused a big swing in interest rates, which has led to investors selling value stocks and buying growth stocks instead. As if that weren't enough, tech got another boost this week as a federal court blocked a key antitrust lawsuit against <a href=\"https://laohu8.com/S/FB\">Facebook</a> (ticker:FB). This has seemingly given the green light to other large tech companies to keep expanding their businesses as well. With all that in place, this is shaping up to be a good summer for tech stocks, including these five in particular:</p>\n<ul>\n <li><a href=\"https://laohu8.com/S/FB\">Facebook</a> (FB)</li>\n <li><a href=\"https://laohu8.com/S/GOOG\">Alphabet</a> (GOOG,GOOGL)</li>\n <li><a href=\"https://laohu8.com/S/BLKB\">Blackbaud</a> (BLKB)</li>\n <li><a href=\"https://laohu8.com/S/JKHY\">Jack Henry &amp; Associates</a> (JKHY)</li>\n <li><a href=\"https://laohu8.com/S/TXN\">Texas Instruments</a> (TXN)</li>\n</ul>\n<p><b>Facebook (FB)</b></p>\n<p>In late June, a federal court dismissed antitrust charges against Facebook. The Federal Trade Commission (FTC) had claimed that Facebook was acting as a monopoly in social media. The FTC, if it had its way, would have tried to force Facebook to divest its other pivotal holdings, including WhatsApp and Instagram, to create a more competitive social media landscape.</p>\n<p>However, the federal court said the FTC failed to prove that Facebook was a monopoly. Facebook stock popped on the news and topped a $1 trillion valuation for the first time.</p>\n<p>Arguably, however, the stock should be up a lot more. Shares are still trading for just 23 times forward earnings while analysts forecast nearly 20% annual revenue growth in 2022 and 2023. Now, with the threat of government intervention gone, Facebook is even more compelling.</p>\n<p><b><a href=\"https://laohu8.com/S/GOOGL\">Alphabet</a> (GOOG,GOOGL)</b></p>\n<p>The court's ruling has broader implications. While Facebook was the target in that case, it's no secret that regulators have been looking at most of the tech titans as potential monopolies, perhaps none more than Alphabet.</p>\n<p>Google's search business has massive market share in online advertising. And the search business is hooked into its operating system and applications such as Gmail to extend its reach. Google's other ventures, such asself-driving carsubsidiary Waymo, could extend Google's domain into next-generation technology as well.</p>\n<p>In announcing a lawsuit against Alphabet last year, Texas' attorney general said that \"if the free market were a baseball game, Google positioned itself as the pitcher, the batter and the umpire.\" Now, however, with Facebook clear of antitrust concerns, it sets a precedent for Google to avoid a major regulatory punishment as well.</p>\n<p>Alphabet stock isn't as cheap as Facebook, but at 26 times forward earnings and approximately 15% projected annual revenue growth, it has earned its spot as <a href=\"https://laohu8.com/S/AONE\">one</a> of the best tech stocks to buy now.</p>\n<p><b>Blackbaud (BLKB)</b></p>\n<p>Blackbaud is a software company focused on charitable organization and K-12 schools. Its primary business is in providing software for charities to receive payments and manage their relationships with donors. The company estimates that 25% of charitable giving in 2020 occurred via Blackbaud's platform.</p>\n<p>Charitable giving was disrupted in 2020 due to the pandemic, though some organizations saw an uptick in activity as people donated in the wake of the twin tragedies of theeconomic recessionand health crisis. Still, 2020 wasn't a great year for Blackbaud. More broadly, Blackbaud has been in transition from on-premise software to a subscription cloud offering.</p>\n<p>Such transitions in tech stocks are often met with stock price weakness as investors grapple with less upfront revenue from the subscription model. That creates opportunity now, however, to buy a leading niche software player at less than 26 times forward earnings with a reopening tailwind as charities can start having in-person events once again.</p>\n<p><b>Jack Henry (JKHY)</b></p>\n<p>Jack Henry is a leading payment processing and informationtechnology company; its main clients are banks and credit unions. The company has an extremely stable business that barely missed a beat even during the financial crisis. Since then, Jack Henry stock has gone up more than 500% thanks to steady growth in the overall demand for payments and financial services.</p>\n<p>That said, Jack Henry stock has gone flat as investors fret over the health of the banking and financial system in the COVID-19 era. More recently, it has become apparent that credit-quality concerns didn't end up causing much material harm to banks. As the economy is picking up in 2021, the banks are roaring back; financials have been <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the top-performing sectors this year.</p>\n<p>With that risk now off the table, Jack Henry is primed to follow suit and blast off to new all-time highs. In addition, the company earns a significant chunk of high-margin business from mergers and acquisitions (M&amp;A) activity in the banking sector. Withbank stockssoaring, M&amp;A is on the rise, and this should directly boost Jack Henry's earnings.</p>\n<p><b>Texas Instruments (TXN)</b></p>\n<p>Texas Instruments is the leader in analogsemiconductor chips. This is a business that focuses on taking real-world parameters such as weather information and converting it into data for digital use. This line of chips is increasingly important as the Internet of Things grows and more devices than ever are online.</p>\n<p>Texas Instruments is making a particularly big push in smart cars, and should sell a large chunk of the chipsets that end up going into autonomous vehicles. In late June, Texas Instruments also announced that it's buying a fabricating unit in Utah from <a href=\"https://laohu8.com/S/MU\">Micron Technology</a> (MU) for $900 million as the company continues to execute on its growth plan.</p>\n<p>Texas Instruments is benefiting from the current semiconductor shortage, which puts it in a good position for better pricing and profit margins going forward. The company has a prodigious growth record, having tripled its earnings per share over the past decade. Now, it trades for just 24 times forward earnings, which is quite reasonable in a bull market for the industry.</p>","source":"lsy1584348713084","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>5 of the Best Tech Stocks to Buy for July</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\">\n5 of the Best Tech Stocks to Buy for July\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-03 12:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/5-best-tech-stocks-buy-171937180.html><strong>yahoo</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tech stocks are back on the upswing.\nIt was a rough spring for the technology sector, as traders instead turned their attention to reopening stocks along withcryptocurrenciesand meme plays. However, ...</p>\n\n<a href=\"https://finance.yahoo.com/news/5-best-tech-stocks-buy-171937180.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BLKB":"布莱克波特科技","GOOGL":"谷歌A","TXN":"德州仪器","GOOG":"谷歌","JKHY":"杰克亨利"},"source_url":"https://finance.yahoo.com/news/5-best-tech-stocks-buy-171937180.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1140994998","content_text":"Tech stocks are back on the upswing.\nIt was a rough spring for the technology sector, as traders instead turned their attention to reopening stocks along withcryptocurrenciesand meme plays. However, now crypto has plunged and reopening stocks are taking on water as well amid a surge in COVID-19 virus variants.\nA recent Federal Reserve decision caused a big swing in interest rates, which has led to investors selling value stocks and buying growth stocks instead. As if that weren't enough, tech got another boost this week as a federal court blocked a key antitrust lawsuit against Facebook (ticker:FB). This has seemingly given the green light to other large tech companies to keep expanding their businesses as well. With all that in place, this is shaping up to be a good summer for tech stocks, including these five in particular:\n\nFacebook (FB)\nAlphabet (GOOG,GOOGL)\nBlackbaud (BLKB)\nJack Henry & Associates (JKHY)\nTexas Instruments (TXN)\n\nFacebook (FB)\nIn late June, a federal court dismissed antitrust charges against Facebook. The Federal Trade Commission (FTC) had claimed that Facebook was acting as a monopoly in social media. The FTC, if it had its way, would have tried to force Facebook to divest its other pivotal holdings, including WhatsApp and Instagram, to create a more competitive social media landscape.\nHowever, the federal court said the FTC failed to prove that Facebook was a monopoly. Facebook stock popped on the news and topped a $1 trillion valuation for the first time.\nArguably, however, the stock should be up a lot more. Shares are still trading for just 23 times forward earnings while analysts forecast nearly 20% annual revenue growth in 2022 and 2023. Now, with the threat of government intervention gone, Facebook is even more compelling.\nAlphabet (GOOG,GOOGL)\nThe court's ruling has broader implications. While Facebook was the target in that case, it's no secret that regulators have been looking at most of the tech titans as potential monopolies, perhaps none more than Alphabet.\nGoogle's search business has massive market share in online advertising. And the search business is hooked into its operating system and applications such as Gmail to extend its reach. Google's other ventures, such asself-driving carsubsidiary Waymo, could extend Google's domain into next-generation technology as well.\nIn announcing a lawsuit against Alphabet last year, Texas' attorney general said that \"if the free market were a baseball game, Google positioned itself as the pitcher, the batter and the umpire.\" Now, however, with Facebook clear of antitrust concerns, it sets a precedent for Google to avoid a major regulatory punishment as well.\nAlphabet stock isn't as cheap as Facebook, but at 26 times forward earnings and approximately 15% projected annual revenue growth, it has earned its spot as one of the best tech stocks to buy now.\nBlackbaud (BLKB)\nBlackbaud is a software company focused on charitable organization and K-12 schools. Its primary business is in providing software for charities to receive payments and manage their relationships with donors. The company estimates that 25% of charitable giving in 2020 occurred via Blackbaud's platform.\nCharitable giving was disrupted in 2020 due to the pandemic, though some organizations saw an uptick in activity as people donated in the wake of the twin tragedies of theeconomic recessionand health crisis. Still, 2020 wasn't a great year for Blackbaud. More broadly, Blackbaud has been in transition from on-premise software to a subscription cloud offering.\nSuch transitions in tech stocks are often met with stock price weakness as investors grapple with less upfront revenue from the subscription model. That creates opportunity now, however, to buy a leading niche software player at less than 26 times forward earnings with a reopening tailwind as charities can start having in-person events once again.\nJack Henry (JKHY)\nJack Henry is a leading payment processing and informationtechnology company; its main clients are banks and credit unions. The company has an extremely stable business that barely missed a beat even during the financial crisis. Since then, Jack Henry stock has gone up more than 500% thanks to steady growth in the overall demand for payments and financial services.\nThat said, Jack Henry stock has gone flat as investors fret over the health of the banking and financial system in the COVID-19 era. More recently, it has become apparent that credit-quality concerns didn't end up causing much material harm to banks. As the economy is picking up in 2021, the banks are roaring back; financials have been one of the top-performing sectors this year.\nWith that risk now off the table, Jack Henry is primed to follow suit and blast off to new all-time highs. In addition, the company earns a significant chunk of high-margin business from mergers and acquisitions (M&A) activity in the banking sector. Withbank stockssoaring, M&A is on the rise, and this should directly boost Jack Henry's earnings.\nTexas Instruments (TXN)\nTexas Instruments is the leader in analogsemiconductor chips. This is a business that focuses on taking real-world parameters such as weather information and converting it into data for digital use. This line of chips is increasingly important as the Internet of Things grows and more devices than ever are online.\nTexas Instruments is making a particularly big push in smart cars, and should sell a large chunk of the chipsets that end up going into autonomous vehicles. In late June, Texas Instruments also announced that it's buying a fabricating unit in Utah from Micron Technology (MU) for $900 million as the company continues to execute on its growth plan.\nTexas Instruments is benefiting from the current semiconductor shortage, which puts it in a good position for better pricing and profit margins going forward. The company has a prodigious growth record, having tripled its earnings per share over the past decade. Now, it trades for just 24 times forward earnings, which is quite reasonable in a bull market for the industry.","news_type":1},"isVote":1,"tweetType":1,"viewCount":17,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":151002987,"gmtCreate":1625055316649,"gmtModify":1633945409251,"author":{"id":"3585780555170064","authorId":"3585780555170064","authorIdStr":"3585780555170064","name":"Venkisakthi","avatar":"https://static.tigerbbs.com/3ec08c0f381636758efa60d454734dc0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585780555170064"},"themes":[],"htmlText":"Sure..","listText":"Sure..","text":"Sure..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/151002987","repostId":"1181301986","repostType":4,"repost":{"id":"1181301986","pubTimestamp":1625043232,"share":"https://www.laohu8.com/m/news/1181301986?lang=&edition=full","pubTime":"2021-06-30 16:53","market":"us","language":"en","title":"Cloudflare Is Much More Scalable Than You Think","url":"https://stock-news.laohu8.com/highlight/detail?id=1181301986","media":"seekingalpha","summary":"Summary\n\nWe think Cloudflare’s business model has not been well understood by investors.\nWhile Cloud","content":"<p><b>Summary</b></p>\n<ul>\n <li>We think Cloudflare’s business model has not been well understood by investors.</li>\n <li>While Cloudflare operates in the Content Delivery Networks space, it has never positioned itself as a CDN player.</li>\n <li>We present a clearer view of what Cloudflare represents, in order for investors to more appropriately appreciate the high scalability of the company’s business model.</li>\n <li>While we think Cloudflare is primed for outperformance even at the current price level, we would prefer to add further only at the next retracement.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5bd63105e871f3b7086e6743081853b5\" tg-width=\"1536\" tg-height=\"1022\"><span>Steve Jennings/Getty Images Entertainment</span></p>\n<p><b>Understanding Cloudflare's Business Model</b></p>\n<p>Cloudflare (NET) has come to be known as many things to different investors. We have seen investors classifying Cloudflare as a cloud or web security company, or a content delivery network [CDN], or an identity access management [IAM] company. The fact is, while Cloudflare is involved in all of those, the company actually has a much larger scale of operation. Cloudflare sees itself as “a networking company”, that “you have to think about [Cloudflare] almost like&nbsp;Cisco-as-a-service. Anything where you would have bought and acquired hardware on-premise, whether it's firewalls, routers, load balancers, VPNs, we offer this as a service from our network. And this network is masked by now.”</p>\n<p>In fact, CEO Matthew Prince emphasized:</p>\n<blockquote>\n So the reason that we picked the&nbsp;ticker symbol NET&nbsp;was because, fundamentally, what it is that we sell is the network that you plug into and then you don't have to worry about anything else. And so that's what we want to deliver. And so a piece of that is you want to make sure you have a fast network. A piece of that is you want to make sure you have a reliable network. But a big piece of that is you want to make sure that you have a network which is helping you solve the security problems that you have.\n</blockquote>\n<p>We think that one of the key reasons that Cloudflare wanted investors to clearly understand the company's scope of business is to allow investors to have the appropriate strategic view of the company’s still-expanding TAM, which the company highlighted has been expanding since its IPO in 2019. Although the company started with a TAM of $37B in 2019, which then saw it being revised upwards to $72B, and now the company is looking at a TAM of $100B over the next 3 years.</p>\n<p><b>Cloudflare is the Undisputed Market Leader in DDoS Protection</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c5a18d2b88858258dd3212a23e6a41c4\" tg-width=\"600\" tg-height=\"371\"><span>DDoS and bot protection software market share worldwide as of Apr 21. Data source: Datanyze</span></p>\n<p>While Cloudflare started with “load balancing, firewalling, DDoS mitigation services” and the company is the undisputed worldwide market leader in DDoS protection with an 81.4% market share, the company has moved swiftly to extend its TAM to VPN and&nbsp;remote browser isolation service&nbsp;(through its&nbsp;S2 Systems Corporation acquisition&nbsp;in Jan 20), targeting these two markets with&nbsp;Cloudflare for Teams, and thebrowser isolation servicewhich can also be added on to its Teams product. However, its third TAM extension in which the company planned to “disrupt the corporate network and Multiprotocol Label Switching [MPLS]” through itsCloudflare Magic Transitproduct by protecting companies' on-premise data centers which saw the company entering to disrupt the highly lucrative stronghold of \"the Ciscos (CSCO) of this worlds and Fortinets (FTNT) and Check Points (CHKP) and Palo Altos (PANW) and Riverbeds.\"</p>\n<p>Therefore, investors should be able to clearly appreciate the extremely high scalability of Cloudflare’s business model and its ambitions to take on the market’s biggest on-premise security players in their home ground. Magic Transit will be a key player in the company’s penetration of its enterprise segment as “the MPLS spend is a significant dollar item in the budgets of our customers” would help the company to build up its enterprise segment which has been growing rapidly.</p>\n<p><b>Rapidly Expanding Enterprise Segment</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fa220975bc1c2c02ff1e97a20a87a09d\" tg-width=\"600\" tg-height=\"371\"><span>Large / Enterprise customers trend. Data source: Company filings</span></p>\n<p>The company has certainly made tremendous inroads into the enterprise segment, which is now the company’s “fastest growing business”. While it may seem like its 945 enterprise customers as of Q1'21 (this segment has grown at a CAGR of 69% from Q1’18), pales in comparison to its customer total of 119,206, this segment now represents the majority of the company’s revenue as Cloudflare highlighted: “This is now 50%, a little bit more than 50% of our revenue.” In fact, the chart alone would not do full justice to the company’s ability in penetrating this segment as the larger paying customers within the enterprise segment have been growing even faster, as Cloudflare further added: “Let's look at customers that give us more than $500,000 or even more than $1 million a year, the larger the cohort, the faster the growth. So our largest cohort, so $1 million-plus customers, has been growing north of 70% now consistently over last the 7 quarters”</p>\n<p><b>Expansion of Products Helps to Sustain its DBNRR</b></p>\n<p>While investors may have been inundated with the number or scope of products or services that the company has been offering to its customers, Cloudflare highlighted that in fact, “first of all, the more products we have, the easier expansion becomes.” The company has of course been mindful of building products that provide significant value to its customers and have seen its customers move up the product adoption ladder rapidly over the years.</p>\n<p>Importantly, the company attaches a \"magic number\" to its customers’ product adoption: 4 products per customer. It emphasized that while at IPO 70% of its customers were using 4 products each, “that number has now moved far beyond 80%. And now more than 70% of the customers are using 5 products. So with the increase in the product portfolio, we've been able to sell more products to existing customers”</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3cc7b20c40180d118295622722286980\" tg-width=\"600\" tg-height=\"371\"><span>Dollar-based Net Retention Rate [DBNRR]. Data source: Company filings</span></p>\n<p>That has seen the company consistently maintaining its DBNRR over the years, while it posted its most impressive DBNRR of 123% over the last 3 years in Q1’21. While its DBNRR is in line with its SaaS peers median of 120%, we are confident that the company would continue to maintain a consistently high level of DBNRR as more and more of its customers adopt more products moving forward, “and with that, [leading to] the stickiness of the product and [having] the churn rates come down.”</p>\n<p><b>Cloudflare was Never Designed as a CDN</b></p>\n<p>Many investors often compared Cloudflare to Fastly (FSLY) as competitors in the content-delivery networks (CDN) space. While we think NET certainly competes in that space with FSLY, the company specifically wanted to remind investors that:</p>\n<blockquote>\n We were never designed as a CDN. We had to provide CDN-like functionalities in order to deliver security and performance-based products and services at the edge of our network. But CDN was a means to achieve that, but not the business model in itself. We are pricing our products differently. We have no usage -- or hardly any usage-based pricings. Even today, less than a low single digit of our revenue is variable billing-based. And of that, less than 1/3 is really bandwidth-driven.\n</blockquote>\n<p>We had recently highlighted in&nbsp;an article on FSLY&nbsp;and reminded investors that FSLY is not your typical SaaS model, as the company mainly derives its revenue from usage, rather than subscriptions. On the other hand, NET derives the majority of its revenue from subscriptions, and therefore the revenue model driving their respective businesses is entirely different.</p>\n<p>In fact, the unpredictable bandwidth cost of usage-based model was one of the key reasons why NET chose not to adopt a usage-based revenue model as the company wanted to focus on driving down costs for its customers with an offering that bills in a “predictable and reliable way”. Cloudflare’s priority would then turn to finding ways to “drive the cost of bandwidth to close to 0 over time” by making sure its “software-defined network could allow any server anywhere in our network to run any different function that we did and to be able to shift traffic around to deliver a level of efficiency that no one else has.”</p>\n<p>CEO Matthew Prince also succinctly added:</p>\n<blockquote>\n And so where I think a typical CDN company worries about things like how many people are going to tune into the Super Bowl and is the new show on Disney+ going to be popular or not, I spend my days worrying about what are the new cyber threats coming out of Russia or Iran, around the world and how do we stay in front of those. And so again, just completely different businesses.\n</blockquote>\n<p>Therefore, investors could be assured that those type of usage volatility that FSLY had endured whenever they lost a major customer like we saw inTikTokis unlikely to happen to NET, simply because Cloudflare doesn’t bill by usage, and therefore providing the kind or revenue visibility that we have come to expect of typical SaaS companies.</p>\n<p>However, Cloudflare’s subscriptions-based revenue model is not without its inherent disadvantage as compared to FSLY’s usage-based billing model whenever there’s a huge surge in its customers’ usage, like what the company experienced last year during the throes of the pandemic:</p>\n<blockquote>\n All of a sudden, we saw this dramatic uptick and a dramatic spike in the amount of bandwidth that people were using across our services. And unlike traditional CDNs, we couldn't just pass those costs on to our customers. And so those actually, I think, were pretty substantial headwinds to us, and I'm proud of our team for really adjusting, solving customers' problems, focusing on expanding our existing customers and making them bigger customers and getting more efficient over time. And so I think that what were headwinds for us are turning into tailwinds now, where we're seeing the sort of bandwidth usage plateauing, which is attractive for kind of our cost side of our business.\n</blockquote>\n<p><b>Cloudflare's Excellent Margins</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/94dc84122254553246848c5eee09615d\" tg-width=\"1280\" tg-height=\"727\"><span>NET and FSLY Gross margin. Data source: S&amp;P Capital IQ</span></p>\n<p>While the company had to deal with the dramatic increased bandwidth costs that its subscriptions model wasn’t designed for in the first place last year, it had still managed to maintain its gross margins consistently north of 75% over time, which easily outperformed FSLY’s usage-based revenue model. We believe the company’s full suite of networking products has helped the company to strongly diversify its revenue base, which lends further credence to the superb execution of the company’s business model across multiple markets and industry verticals, strengthening its revenue resilience against any unexpected slowdown or unanticipated costs surge. If investors were to coin Cloudflare as a “Jack of all trades”, we think it may be apt to call it a “master of all” as well.</p>\n<p><b>Expected to Turn EBIT and FCF Profitable</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7f441756caaca11d36431b00ab64f090\" tg-width=\"1280\" tg-height=\"678\"><span>NET projected revenue mean consensus and projected YoY revenue growth. Data source: S&amp;P Capital IQ</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/eec9b55dc6e235a1304a54224c0f90b7\" tg-width=\"1280\" tg-height=\"711\"><span>NET projected EBIT margin and projected unlevered FCF margin. Data source: S&amp;P Capital IQ</span></p>\n<p>Even though NET has yet to achieve FCF and EBIT profitability, the company has guided for a long-term operating margin of 20%, which in our model we think is highly achievable over time as we projected the company to achieve an EBIT margin of 15.7% by the end of FY 25 especially when the company is still expected to post rapid revenue growth north of 30% in the years ahead.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c617eade5b53ed1383b6438691464f52\" tg-width=\"1280\" tg-height=\"711\"><span>NET LTM SG&amp;A margin. Data source: S&amp;P Capital IQ</span></p>\n<p>Our confidence is mainly predicated on the sustained improvement in operating leverage that the company has been demonstrating in its SG&amp;A margins, which has been the company’s largest operating expense segment. We believe that the company is likely to maintain this improvement moving forward that would cascade down strongly to its EBIT margins and move the company towards EBIT and FCF profitability in the next few years. Therefore, the party is surely just getting started for NET.</p>\n<p>Valuations are Compelling If Execution is Sustained</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c991d9200f0424a6c2739f78335a667e\" tg-width=\"1280\" tg-height=\"726\"><span>NET EV / Fwd Rev. Data source: S&amp;P Capital IQ</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b81c5bc076bc34bcc9135201909e8028\" tg-width=\"1000\" tg-height=\"600\"><span>NET NTM (TEV / Rev).</span></p>\n<p>While we continue to applaud NET’s superb business model and world-class execution, we are aware that this is unlikely to be lost among astute market participants. Therefore, we were not surprised to observe NET’s EV / FY+1 Rev is valued at 52x, while its mean is about 35.5x over the last one year. Based on our calculations of NET’s expected revenue growth rate in the next few years, we derived an expected share price 4Y CAGR of 19.66%, even at the current price level, representing potentially market-beating returns in the years ahead, if the company is able to maintain its excellent execution track record and achieve its growth targets.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/52ff2c1614d64bd26c28b2b3c0c17488\" tg-width=\"1280\" tg-height=\"442\"><span>Projected FY 25 share price and projected 4Y CAGR. Data source: S&amp;P Capital IQ</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f5eac1f8292520dd62f2d5c23328a0a9\" tg-width=\"1280\" tg-height=\"783\"><span>Source: TradingView</span></p>\n<p>While we were somewhat fortunate to enter our full position in NET at about $30 last Sep, based on the current price action, we don’t think there is any optimal entry point for new investors right now, even if we think that based on the current price level, NET would likely continue to outperform the market.</p>\n<p>Therefore, we would encourage investors who consider price action in their decision-making to wait for a retracement first, while investors who do not consider price action may enter now if they have high conviction of NET’s execution in the next few years.</p>\n<p>While we would not add more positions at the current price level, we would surely keep the stock on our watchlist to consider increasing our exposure at the next retracement.</p>\n<p><b>Wrapping It All Up</b></p>\n<p>Cloudflare has been a true outperformer for its investors since its IPO in 2019, and we think that the company’s growth story has barely just begun as it moves towards EBIT and FCF profitability in the next few years. Investors in NET are encouraged to sit tight and enjoy many years of solid growth to come.</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>Cloudflare Is Much More Scalable Than You Think</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\">\nCloudflare Is Much More Scalable Than You Think\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-30 16:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4437171-cloudflare-is-much-more-scalable-than-you-think><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nWe think Cloudflare’s business model has not been well understood by investors.\nWhile Cloudflare operates in the Content Delivery Networks space, it has never positioned itself as a CDN ...</p>\n\n<a href=\"https://seekingalpha.com/article/4437171-cloudflare-is-much-more-scalable-than-you-think\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NET":"Cloudflare, Inc."},"source_url":"https://seekingalpha.com/article/4437171-cloudflare-is-much-more-scalable-than-you-think","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1181301986","content_text":"Summary\n\nWe think Cloudflare’s business model has not been well understood by investors.\nWhile Cloudflare operates in the Content Delivery Networks space, it has never positioned itself as a CDN player.\nWe present a clearer view of what Cloudflare represents, in order for investors to more appropriately appreciate the high scalability of the company’s business model.\nWhile we think Cloudflare is primed for outperformance even at the current price level, we would prefer to add further only at the next retracement.\n\nSteve Jennings/Getty Images Entertainment\nUnderstanding Cloudflare's Business Model\nCloudflare (NET) has come to be known as many things to different investors. We have seen investors classifying Cloudflare as a cloud or web security company, or a content delivery network [CDN], or an identity access management [IAM] company. The fact is, while Cloudflare is involved in all of those, the company actually has a much larger scale of operation. Cloudflare sees itself as “a networking company”, that “you have to think about [Cloudflare] almost like Cisco-as-a-service. Anything where you would have bought and acquired hardware on-premise, whether it's firewalls, routers, load balancers, VPNs, we offer this as a service from our network. And this network is masked by now.”\nIn fact, CEO Matthew Prince emphasized:\n\n So the reason that we picked the ticker symbol NET was because, fundamentally, what it is that we sell is the network that you plug into and then you don't have to worry about anything else. And so that's what we want to deliver. And so a piece of that is you want to make sure you have a fast network. A piece of that is you want to make sure you have a reliable network. But a big piece of that is you want to make sure that you have a network which is helping you solve the security problems that you have.\n\nWe think that one of the key reasons that Cloudflare wanted investors to clearly understand the company's scope of business is to allow investors to have the appropriate strategic view of the company’s still-expanding TAM, which the company highlighted has been expanding since its IPO in 2019. Although the company started with a TAM of $37B in 2019, which then saw it being revised upwards to $72B, and now the company is looking at a TAM of $100B over the next 3 years.\nCloudflare is the Undisputed Market Leader in DDoS Protection\nDDoS and bot protection software market share worldwide as of Apr 21. Data source: Datanyze\nWhile Cloudflare started with “load balancing, firewalling, DDoS mitigation services” and the company is the undisputed worldwide market leader in DDoS protection with an 81.4% market share, the company has moved swiftly to extend its TAM to VPN and remote browser isolation service (through its S2 Systems Corporation acquisition in Jan 20), targeting these two markets with Cloudflare for Teams, and thebrowser isolation servicewhich can also be added on to its Teams product. However, its third TAM extension in which the company planned to “disrupt the corporate network and Multiprotocol Label Switching [MPLS]” through itsCloudflare Magic Transitproduct by protecting companies' on-premise data centers which saw the company entering to disrupt the highly lucrative stronghold of \"the Ciscos (CSCO) of this worlds and Fortinets (FTNT) and Check Points (CHKP) and Palo Altos (PANW) and Riverbeds.\"\nTherefore, investors should be able to clearly appreciate the extremely high scalability of Cloudflare’s business model and its ambitions to take on the market’s biggest on-premise security players in their home ground. Magic Transit will be a key player in the company’s penetration of its enterprise segment as “the MPLS spend is a significant dollar item in the budgets of our customers” would help the company to build up its enterprise segment which has been growing rapidly.\nRapidly Expanding Enterprise Segment\nLarge / Enterprise customers trend. Data source: Company filings\nThe company has certainly made tremendous inroads into the enterprise segment, which is now the company’s “fastest growing business”. While it may seem like its 945 enterprise customers as of Q1'21 (this segment has grown at a CAGR of 69% from Q1’18), pales in comparison to its customer total of 119,206, this segment now represents the majority of the company’s revenue as Cloudflare highlighted: “This is now 50%, a little bit more than 50% of our revenue.” In fact, the chart alone would not do full justice to the company’s ability in penetrating this segment as the larger paying customers within the enterprise segment have been growing even faster, as Cloudflare further added: “Let's look at customers that give us more than $500,000 or even more than $1 million a year, the larger the cohort, the faster the growth. So our largest cohort, so $1 million-plus customers, has been growing north of 70% now consistently over last the 7 quarters”\nExpansion of Products Helps to Sustain its DBNRR\nWhile investors may have been inundated with the number or scope of products or services that the company has been offering to its customers, Cloudflare highlighted that in fact, “first of all, the more products we have, the easier expansion becomes.” The company has of course been mindful of building products that provide significant value to its customers and have seen its customers move up the product adoption ladder rapidly over the years.\nImportantly, the company attaches a \"magic number\" to its customers’ product adoption: 4 products per customer. It emphasized that while at IPO 70% of its customers were using 4 products each, “that number has now moved far beyond 80%. And now more than 70% of the customers are using 5 products. So with the increase in the product portfolio, we've been able to sell more products to existing customers”\nDollar-based Net Retention Rate [DBNRR]. Data source: Company filings\nThat has seen the company consistently maintaining its DBNRR over the years, while it posted its most impressive DBNRR of 123% over the last 3 years in Q1’21. While its DBNRR is in line with its SaaS peers median of 120%, we are confident that the company would continue to maintain a consistently high level of DBNRR as more and more of its customers adopt more products moving forward, “and with that, [leading to] the stickiness of the product and [having] the churn rates come down.”\nCloudflare was Never Designed as a CDN\nMany investors often compared Cloudflare to Fastly (FSLY) as competitors in the content-delivery networks (CDN) space. While we think NET certainly competes in that space with FSLY, the company specifically wanted to remind investors that:\n\n We were never designed as a CDN. We had to provide CDN-like functionalities in order to deliver security and performance-based products and services at the edge of our network. But CDN was a means to achieve that, but not the business model in itself. We are pricing our products differently. We have no usage -- or hardly any usage-based pricings. Even today, less than a low single digit of our revenue is variable billing-based. And of that, less than 1/3 is really bandwidth-driven.\n\nWe had recently highlighted in an article on FSLY and reminded investors that FSLY is not your typical SaaS model, as the company mainly derives its revenue from usage, rather than subscriptions. On the other hand, NET derives the majority of its revenue from subscriptions, and therefore the revenue model driving their respective businesses is entirely different.\nIn fact, the unpredictable bandwidth cost of usage-based model was one of the key reasons why NET chose not to adopt a usage-based revenue model as the company wanted to focus on driving down costs for its customers with an offering that bills in a “predictable and reliable way”. Cloudflare’s priority would then turn to finding ways to “drive the cost of bandwidth to close to 0 over time” by making sure its “software-defined network could allow any server anywhere in our network to run any different function that we did and to be able to shift traffic around to deliver a level of efficiency that no one else has.”\nCEO Matthew Prince also succinctly added:\n\n And so where I think a typical CDN company worries about things like how many people are going to tune into the Super Bowl and is the new show on Disney+ going to be popular or not, I spend my days worrying about what are the new cyber threats coming out of Russia or Iran, around the world and how do we stay in front of those. And so again, just completely different businesses.\n\nTherefore, investors could be assured that those type of usage volatility that FSLY had endured whenever they lost a major customer like we saw inTikTokis unlikely to happen to NET, simply because Cloudflare doesn’t bill by usage, and therefore providing the kind or revenue visibility that we have come to expect of typical SaaS companies.\nHowever, Cloudflare’s subscriptions-based revenue model is not without its inherent disadvantage as compared to FSLY’s usage-based billing model whenever there’s a huge surge in its customers’ usage, like what the company experienced last year during the throes of the pandemic:\n\n All of a sudden, we saw this dramatic uptick and a dramatic spike in the amount of bandwidth that people were using across our services. And unlike traditional CDNs, we couldn't just pass those costs on to our customers. And so those actually, I think, were pretty substantial headwinds to us, and I'm proud of our team for really adjusting, solving customers' problems, focusing on expanding our existing customers and making them bigger customers and getting more efficient over time. And so I think that what were headwinds for us are turning into tailwinds now, where we're seeing the sort of bandwidth usage plateauing, which is attractive for kind of our cost side of our business.\n\nCloudflare's Excellent Margins\nNET and FSLY Gross margin. Data source: S&P Capital IQ\nWhile the company had to deal with the dramatic increased bandwidth costs that its subscriptions model wasn’t designed for in the first place last year, it had still managed to maintain its gross margins consistently north of 75% over time, which easily outperformed FSLY’s usage-based revenue model. We believe the company’s full suite of networking products has helped the company to strongly diversify its revenue base, which lends further credence to the superb execution of the company’s business model across multiple markets and industry verticals, strengthening its revenue resilience against any unexpected slowdown or unanticipated costs surge. If investors were to coin Cloudflare as a “Jack of all trades”, we think it may be apt to call it a “master of all” as well.\nExpected to Turn EBIT and FCF Profitable\nNET projected revenue mean consensus and projected YoY revenue growth. Data source: S&P Capital IQ\nNET projected EBIT margin and projected unlevered FCF margin. Data source: S&P Capital IQ\nEven though NET has yet to achieve FCF and EBIT profitability, the company has guided for a long-term operating margin of 20%, which in our model we think is highly achievable over time as we projected the company to achieve an EBIT margin of 15.7% by the end of FY 25 especially when the company is still expected to post rapid revenue growth north of 30% in the years ahead.\nNET LTM SG&A margin. Data source: S&P Capital IQ\nOur confidence is mainly predicated on the sustained improvement in operating leverage that the company has been demonstrating in its SG&A margins, which has been the company’s largest operating expense segment. We believe that the company is likely to maintain this improvement moving forward that would cascade down strongly to its EBIT margins and move the company towards EBIT and FCF profitability in the next few years. Therefore, the party is surely just getting started for NET.\nValuations are Compelling If Execution is Sustained\nNET EV / Fwd Rev. Data source: S&P Capital IQ\nNET NTM (TEV / Rev).\nWhile we continue to applaud NET’s superb business model and world-class execution, we are aware that this is unlikely to be lost among astute market participants. Therefore, we were not surprised to observe NET’s EV / FY+1 Rev is valued at 52x, while its mean is about 35.5x over the last one year. Based on our calculations of NET’s expected revenue growth rate in the next few years, we derived an expected share price 4Y CAGR of 19.66%, even at the current price level, representing potentially market-beating returns in the years ahead, if the company is able to maintain its excellent execution track record and achieve its growth targets.\nProjected FY 25 share price and projected 4Y CAGR. Data source: S&P Capital IQ\nSource: TradingView\nWhile we were somewhat fortunate to enter our full position in NET at about $30 last Sep, based on the current price action, we don’t think there is any optimal entry point for new investors right now, even if we think that based on the current price level, NET would likely continue to outperform the market.\nTherefore, we would encourage investors who consider price action in their decision-making to wait for a retracement first, while investors who do not consider price action may enter now if they have high conviction of NET’s execution in the next few years.\nWhile we would not add more positions at the current price level, we would surely keep the stock on our watchlist to consider increasing our exposure at the next retracement.\nWrapping It All Up\nCloudflare has been a true outperformer for its investors since its IPO in 2019, and we think that the company’s growth story has barely just begun as it moves towards EBIT and FCF profitability in the next few years. Investors in NET are encouraged to sit tight and enjoy many years of solid growth to come.","news_type":1},"isVote":1,"tweetType":1,"viewCount":27,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":164638450,"gmtCreate":1624199306470,"gmtModify":1634009566215,"author":{"id":"3585780555170064","authorId":"3585780555170064","authorIdStr":"3585780555170064","name":"Venkisakthi","avatar":"https://static.tigerbbs.com/3ec08c0f381636758efa60d454734dc0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585780555170064"},"themes":[],"htmlText":"As Always [USD]&nbsp;","listText":"As Always [USD]&nbsp;","text":"As Always [USD]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/164638450","repostId":"2144172072","repostType":4,"repost":{"id":"2144172072","pubTimestamp":1624007350,"share":"https://www.laohu8.com/m/news/2144172072?lang=&edition=full","pubTime":"2021-06-18 17:09","market":"us","language":"en","title":"Old car makers are the hot new trade: Morning Brief","url":"https://stock-news.laohu8.com/highlight/detail?id=2144172072","media":"Yahoo Finance","summary":"The past is outperforming the future this year.\nWe're less than a week out from the halfway point of","content":"<p>The past is outperforming the future this year.</p>\n<p>We're less than a week out from the halfway point of 2021.</p>\n<p>And <a href=\"https://laohu8.com/S/AONE\">one</a> of the big real economy stories this year has been the explosion in demand for cars. This has pushed up prices, particularly for used cars.</p>\n<p>And while most used cars, and those on the road today, are running on internal combustion engines (ICE), the industry agrees that electric vehicles (EVs) are the future. For the last decade, the best way to play that trend has been via Tesla (TSLA). Shareholders in that particular trade have been rewarded handsomely: since June 2011, the car maker's shares are up over 10,000%.</p>\n<p>This year, however, investors have been betting that the industry's old guard can make their businesses work better in an electrified future.</p>\n<p>Through Thursday's close, shares of Ford (F) and General Motors (GM) were both up more than 40%, outpacing both the broader market and all of the market's buzziest names in the EV space.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8b210f3a56c6cba72ed1fbbf47bd815c\" tg-width=\"1230\" tg-height=\"498\" referrerpolicy=\"no-referrer\"><span>Ford and GM have been the leading auto stocks in 2021 as investors bet they can benefit in a growing economy and see returns from big investments in electric cars. (Source: Yahoo Finance)</span></p>\n<p>At an industry conference on Thursday, Ford CEO Jim Farley said the company's second quarter earnings were likely to come in better than expected. Earlier this week, GM announced that it would increase its investment in electric vehicles to $35 billion from $27 billion through 2025.</p>\n<p>And it was only a few weeks back that Ford announced its own ambitious plans to electrify more of its fleet, unveiling an electric F-150, its best-selling ICE vehicle, while unveiling plans to invest $30 billion in electric vehicle development over the next five years.</p>\n<p>This year's rally in shares of GM and Ford also remind us (in yet another way) how different this recovery has been from what we endured after the financial crisis.</p>\n<p>GM and Chrysler went bankrupt during the 2008-09 recession; Ford just barely staved off that fate. This time around, these companies are parlaying a surge in consumer demand into increased investments in trying to keep up with the Teslas of the world.</p>\n<p>These announcements out of Ford and GM also come as upstart competitors like Nikola (NKLA) and Lordstown Motors (RIDE) struggle to accurately communicate with investors. Nikola shares, which fell over 50% in 2020, were up about 11% this year through Thursday's close, while Lordstown's stock has been just about cut in half this year. Both Nikola and Lordstown replaced their chief executives after bold pronouncements about orders and capabilities for their vehicles didn't check out.</p>\n<p>Elon Musk's iconoclastic style at Tesla is much imitated but never duplicated by companies hoping to position themselves as the \"next Tesla.\" Tesla's Technoking really is <a href=\"https://laohu8.com/S/AONE.U\">one</a> of one.</p>\n<p>In the years before the pandemic, Tesla's rise and the industry's electrified future pressured shares of Ford, GM, and other automakers. From the time GM emerged from bankruptcy in the fall of 2010, shares of both GM and Ford were trounced by the overall market. This year's gain does not erase that underperformance. And the lead the traditional auto industry has staked on Tesla becoming the leading electric vehicle brand will be hard to overcome.</p>\n<p>But today, what investors seem to see in Ford and GM is at least a chance. A chance to benefit from the post-pandemic economic expansion. And a chance at remaining a major player in the electrified auto market of tomorrow.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Old car makers are the hot new trade: Morning Brief</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\">\nOld car makers are the hot new trade: Morning Brief\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-18 17:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/old-car-makers-are-the-hot-new-trade-morning-brief-090010592.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The past is outperforming the future this year.\nWe're less than a week out from the halfway point of 2021.\nAnd one of the big real economy stories this year has been the explosion in demand for cars. ...</p>\n\n<a href=\"https://finance.yahoo.com/news/old-car-makers-are-the-hot-new-trade-morning-brief-090010592.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"F":"福特汽车","TSLA":"特斯拉","KNSL":"Kinsale Capital Group Inc.","NKLA":"Nikola Corporation","GM":"通用汽车"},"source_url":"https://finance.yahoo.com/news/old-car-makers-are-the-hot-new-trade-morning-brief-090010592.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2144172072","content_text":"The past is outperforming the future this year.\nWe're less than a week out from the halfway point of 2021.\nAnd one of the big real economy stories this year has been the explosion in demand for cars. This has pushed up prices, particularly for used cars.\nAnd while most used cars, and those on the road today, are running on internal combustion engines (ICE), the industry agrees that electric vehicles (EVs) are the future. For the last decade, the best way to play that trend has been via Tesla (TSLA). Shareholders in that particular trade have been rewarded handsomely: since June 2011, the car maker's shares are up over 10,000%.\nThis year, however, investors have been betting that the industry's old guard can make their businesses work better in an electrified future.\nThrough Thursday's close, shares of Ford (F) and General Motors (GM) were both up more than 40%, outpacing both the broader market and all of the market's buzziest names in the EV space.\nFord and GM have been the leading auto stocks in 2021 as investors bet they can benefit in a growing economy and see returns from big investments in electric cars. (Source: Yahoo Finance)\nAt an industry conference on Thursday, Ford CEO Jim Farley said the company's second quarter earnings were likely to come in better than expected. Earlier this week, GM announced that it would increase its investment in electric vehicles to $35 billion from $27 billion through 2025.\nAnd it was only a few weeks back that Ford announced its own ambitious plans to electrify more of its fleet, unveiling an electric F-150, its best-selling ICE vehicle, while unveiling plans to invest $30 billion in electric vehicle development over the next five years.\nThis year's rally in shares of GM and Ford also remind us (in yet another way) how different this recovery has been from what we endured after the financial crisis.\nGM and Chrysler went bankrupt during the 2008-09 recession; Ford just barely staved off that fate. This time around, these companies are parlaying a surge in consumer demand into increased investments in trying to keep up with the Teslas of the world.\nThese announcements out of Ford and GM also come as upstart competitors like Nikola (NKLA) and Lordstown Motors (RIDE) struggle to accurately communicate with investors. Nikola shares, which fell over 50% in 2020, were up about 11% this year through Thursday's close, while Lordstown's stock has been just about cut in half this year. Both Nikola and Lordstown replaced their chief executives after bold pronouncements about orders and capabilities for their vehicles didn't check out.\nElon Musk's iconoclastic style at Tesla is much imitated but never duplicated by companies hoping to position themselves as the \"next Tesla.\" Tesla's Technoking really is one of one.\nIn the years before the pandemic, Tesla's rise and the industry's electrified future pressured shares of Ford, GM, and other automakers. From the time GM emerged from bankruptcy in the fall of 2010, shares of both GM and Ford were trounced by the overall market. This year's gain does not erase that underperformance. And the lead the traditional auto industry has staked on Tesla becoming the leading electric vehicle brand will be hard to overcome.\nBut today, what investors seem to see in Ford and GM is at least a chance. A chance to benefit from the post-pandemic economic expansion. And a chance at remaining a major player in the electrified auto market of tomorrow.","news_type":1},"isVote":1,"tweetType":1,"viewCount":132,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}