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DPirate

DPirate

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0勋章

2021-10-09

Well planned and well executed..

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2021-10-01

Just keep hodling HODL

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2021-08-26

Is there more upside expected from ETSY?

2 Stocks That Turned $1,000 Into $5,000 (or More)

2021-08-25

Yes 👍

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2021-08-25

Yes

Is It Too Late to Buy Nvidia Stock?

2021-08-22

Bearish signals?

Buffett’s Berkshire Still Isn’t Buying. Here’s What It Sold.

2021-08-21

Is this the correction everyone was talking about last month?

S&P 500 hasn't fallen 5% from a peak in nearly 200 sessions--what that tells market historians

2021-08-21

Future… 👍

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2021-08-21

Seems like a Green day after back to back Red

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2021-08-21

Good in longer term 👍

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2021-08-20

Way to go 👍

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2021-08-17

Waiting for September 👍

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2021-08-17

Waiting for September 👍

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2021-08-12

[Cool]

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2021-08-11

@MT ArcelorMittal

What stocks and sectors will benefit from the infrastructure bill?

2021-08-01

[OK]

Cathie Wood Is Just a Start as Stock Pickers Storm the ETF World

2021-07-30

👍

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2021-07-30

[Strong]

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2021-07-30

👍

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去老虎APP查看更多动态

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planned and well&nbsp;executed..","listText":"Well planned and well&nbsp;executed..","text":"Well planned and well executed..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/821738678","repostId":"2174226339","repostType":4,"isVote":1,"tweetType":1,"viewCount":476,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":865761549,"gmtCreate":1633020684189,"gmtModify":1633020684399,"author":{"id":"3586591200613554","authorId":"3586591200613554","name":"DPirate","avatar":"https://static.tigerbbs.com/515564d610f84cda35e2c825b157b54c","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586591200613554","authorIdStr":"3586591200613554"},"themes":[],"htmlText":"Just keep hodling HODL","listText":"Just keep hodling HODL","text":"Just keep hodling HODL","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/865761549","repostId":"1177631732","repostType":4,"isVote":1,"tweetType":1,"viewCount":361,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":810258081,"gmtCreate":1629983160743,"gmtModify":1633681032864,"author":{"id":"3586591200613554","authorId":"3586591200613554","name":"DPirate","avatar":"https://static.tigerbbs.com/515564d610f84cda35e2c825b157b54c","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586591200613554","authorIdStr":"3586591200613554"},"themes":[],"htmlText":"Is there more upside expected from ETSY?","listText":"Is there more upside expected from ETSY?","text":"Is there more upside expected from ETSY?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/810258081","repostId":"2162094876","repostType":4,"repost":{"id":"2162094876","kind":"highlight","pubTimestamp":1629982833,"share":"https://www.laohu8.com/m/news/2162094876?lang=&edition=full","pubTime":"2021-08-26 21:00","market":"us","language":"en","title":"2 Stocks That Turned $1,000 Into $5,000 (or More)","url":"https://stock-news.laohu8.com/highlight/detail?id=2162094876","media":"Motley Fool","summary":"These e-commerce stocks rocketed higher following the March 2020 downturn.","content":"<p>Beginning investors often dream of finding the stock that turns into the next <b>Amazon </b>or <b>Tesla</b>. While recognizing such names early is no easy task, one&nbsp;strategy involves finding relatively new companies that have already made massive gains and hold the potential for more growth. <b><a href=\"https://laohu8.com/S/ETSY\">Etsy</a> </b>(NASDAQ:ETSY) and <b><a href=\"https://laohu8.com/S/W\">Wayfair</a> </b>(NYSE:W) are two internet and direct marketing retail stocks that appear positioned to fit that description.</p>\n<h2>Etsy</h2>\n<p>At first glance, Etsy may look like a <a href=\"https://laohu8.com/S/SHOP\">Shopify</a> for the arts and crafts industry. However, more than acting as a mere software platform, Etsy created a community that bolsters small businesses while helping buyers find the products they need. Artisans, craft suppliers, and sellers of vintage goods can start an Etsy site, paying as little as $0.20 per listing. From there, Etsy provides a search tool to lead interested buyers to their products.</p>\n<p>Investors have reaped the benefits. Stockholders who invested $1,000 when Etsy fell below $30 per share in March 2020 would hold a position worth nearly $6,600 as of the time of this writing.</p>\n<p><img src=\"https://static.tigerbbs.com/5d01c837b0e71e1340b530d271f66f69\" tg-width=\"720\" tg-height=\"433\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>ETSY data by YCharts</p>\n<p>This value proposition helped Etsy grow to more than 5.2 million sellers, a 67% increase year over year. The U.S. now accounts for most of its sellers, though it has built a significant following in the U.K., Canada, Australia, and Germany. Moreover, Etsy just bought Elo7, which many regarded as the \"Etsy of Brazil.\" Moves into Brazil and other developing countries could take the seller count much higher over time.</p>\n<p>Its growth has taken revenue to almost $1.1 billion in the first half of 2021. This represents a 64% increase from the first half of 2020. Net income surged 122% during the same period to $242 million as the cost of revenue and operating expenses grew at a slower pace than revenue.</p>\n<p>Like many e-commerce companies, Etsy did not guide beyond the third quarter, and the approximate 13% increase in revenue year over year points to slowing growth. The company expects it will again have to compete with offline businesses that closed due to the pandemic and have now reopened. On the Q2 2021 earnings call, the company also noted that its wedding business increased in Q2, so other niches have prospered due to reopenings.</p>\n<p>However, once COVID-19 ceases to affect Etsy's business, annual revenue growth should more closely resemble the 35% rise experienced in 2019 before the pandemic.&nbsp;Furthermore, at a 57 price-to-earnings ratio, it remains significantly cheaper than Shopify's 75 multiple. Such a value proposition should continue to attract both sellers and stockholders to Etsy.</p>\n<p><img src=\"https://static.tigerbbs.com/4c5785d102c4abea3b3c92f72eb0b4e3\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>Image source: Getty Images.</p>\n<h2>Wayfair</h2>\n<p>Wayfair is an online furniture and home goods company. The company has invested heavily in building a fulfillment network that could ship bulk goods such as furniture. It also utilizes machine learning and 3D modeling strategies to its benefit, helping customers find desired items through visual search.</p>\n<p>One might think that Amazon, which often contracts with third parties to ship furniture and other bulk items,&nbsp;could simply take away its customers. Still, the fact that 76% of its volume consisted of repeat orders shows it has built a loyal following. That loyalty likely played a role in turning $1,000 worth of Wayfair stock bought in March 2020 into a position worth more than $13,000 today.</p>\n<p><img src=\"https://static.tigerbbs.com/aac9e23a8115670f231297294f0a8e3f\" tg-width=\"720\" tg-height=\"433\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>W data by YCharts</p>\n<p>Financially, it has also maintained its growth. Revenue for the first six months of 2021 came in at just over $7.3 billion, 11% higher than year-ago levels. It has also earned $149 million during that time as it limited the increase in operating expenses to 5% and reduced interest expenses.</p>\n<p>However, this included a 10% drop in second-quarter revenue from year-ago levels. On the Q2 2021 earnings call, CFO Michael D. Fleisher cited an increase in offline activity following a reduction of COVID-19 cases in the spring and early summer as the reason for the drop. Still, while the company issued no forward guidance, Fleisher expects a \"sequential improvement in revenue trends\" as people return to regular school and work routines. Such a change could help justify its P/E ratio of 90.</p>\n<p>Additionally, its price-to-sales ratio stands at two, well under Amazon's P/S ratio of four. Investors should also remember that revenue grew 55% in fiscal 2020 compared to 2019, taking the company to its first full-year profit. This indicates that even if Wayfair pauses in the near term, it will probably resume its move higher once the economy moves past the pandemic.</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>2 Stocks That Turned $1,000 Into $5,000 (or More)</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n2 Stocks That Turned $1,000 Into $5,000 (or More)\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-26 21:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/08/26/2-stocks-that-turned-1000-into-5000-or-more/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Beginning investors often dream of finding the stock that turns into the next Amazon or Tesla. While recognizing such names early is no easy task, one strategy involves finding relatively new ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/08/26/2-stocks-that-turned-1000-into-5000-or-more/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"W":"Wayfair","ETSY":"Etsy, Inc."},"source_url":"https://www.fool.com/investing/2021/08/26/2-stocks-that-turned-1000-into-5000-or-more/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2162094876","content_text":"Beginning investors often dream of finding the stock that turns into the next Amazon or Tesla. While recognizing such names early is no easy task, one strategy involves finding relatively new companies that have already made massive gains and hold the potential for more growth. Etsy (NASDAQ:ETSY) and Wayfair (NYSE:W) are two internet and direct marketing retail stocks that appear positioned to fit that description.\nEtsy\nAt first glance, Etsy may look like a Shopify for the arts and crafts industry. However, more than acting as a mere software platform, Etsy created a community that bolsters small businesses while helping buyers find the products they need. Artisans, craft suppliers, and sellers of vintage goods can start an Etsy site, paying as little as $0.20 per listing. From there, Etsy provides a search tool to lead interested buyers to their products.\nInvestors have reaped the benefits. Stockholders who invested $1,000 when Etsy fell below $30 per share in March 2020 would hold a position worth nearly $6,600 as of the time of this writing.\n\nETSY data by YCharts\nThis value proposition helped Etsy grow to more than 5.2 million sellers, a 67% increase year over year. The U.S. now accounts for most of its sellers, though it has built a significant following in the U.K., Canada, Australia, and Germany. Moreover, Etsy just bought Elo7, which many regarded as the \"Etsy of Brazil.\" Moves into Brazil and other developing countries could take the seller count much higher over time.\nIts growth has taken revenue to almost $1.1 billion in the first half of 2021. This represents a 64% increase from the first half of 2020. Net income surged 122% during the same period to $242 million as the cost of revenue and operating expenses grew at a slower pace than revenue.\nLike many e-commerce companies, Etsy did not guide beyond the third quarter, and the approximate 13% increase in revenue year over year points to slowing growth. The company expects it will again have to compete with offline businesses that closed due to the pandemic and have now reopened. On the Q2 2021 earnings call, the company also noted that its wedding business increased in Q2, so other niches have prospered due to reopenings.\nHowever, once COVID-19 ceases to affect Etsy's business, annual revenue growth should more closely resemble the 35% rise experienced in 2019 before the pandemic. Furthermore, at a 57 price-to-earnings ratio, it remains significantly cheaper than Shopify's 75 multiple. Such a value proposition should continue to attract both sellers and stockholders to Etsy.\n\nImage source: Getty Images.\nWayfair\nWayfair is an online furniture and home goods company. The company has invested heavily in building a fulfillment network that could ship bulk goods such as furniture. It also utilizes machine learning and 3D modeling strategies to its benefit, helping customers find desired items through visual search.\nOne might think that Amazon, which often contracts with third parties to ship furniture and other bulk items, could simply take away its customers. Still, the fact that 76% of its volume consisted of repeat orders shows it has built a loyal following. That loyalty likely played a role in turning $1,000 worth of Wayfair stock bought in March 2020 into a position worth more than $13,000 today.\n\nW data by YCharts\nFinancially, it has also maintained its growth. Revenue for the first six months of 2021 came in at just over $7.3 billion, 11% higher than year-ago levels. It has also earned $149 million during that time as it limited the increase in operating expenses to 5% and reduced interest expenses.\nHowever, this included a 10% drop in second-quarter revenue from year-ago levels. On the Q2 2021 earnings call, CFO Michael D. Fleisher cited an increase in offline activity following a reduction of COVID-19 cases in the spring and early summer as the reason for the drop. Still, while the company issued no forward guidance, Fleisher expects a \"sequential improvement in revenue trends\" as people return to regular school and work routines. Such a change could help justify its P/E ratio of 90.\nAdditionally, its price-to-sales ratio stands at two, well under Amazon's P/S ratio of four. Investors should also remember that revenue grew 55% in fiscal 2020 compared to 2019, taking the company to its first full-year profit. This indicates that even if Wayfair pauses in the near term, it will probably resume its move higher once the economy moves past the pandemic.","news_type":1},"isVote":1,"tweetType":1,"viewCount":216,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":837245141,"gmtCreate":1629897190883,"gmtModify":1633681655938,"author":{"id":"3586591200613554","authorId":"3586591200613554","name":"DPirate","avatar":"https://static.tigerbbs.com/515564d610f84cda35e2c825b157b54c","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586591200613554","authorIdStr":"3586591200613554"},"themes":[],"htmlText":"Yes 👍","listText":"Yes 👍","text":"Yes 👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/837245141","repostId":"2162058077","repostType":4,"isVote":1,"tweetType":1,"viewCount":106,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":837242133,"gmtCreate":1629897123422,"gmtModify":1633681656709,"author":{"id":"3586591200613554","authorId":"3586591200613554","name":"DPirate","avatar":"https://static.tigerbbs.com/515564d610f84cda35e2c825b157b54c","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586591200613554","authorIdStr":"3586591200613554"},"themes":[],"htmlText":"Yes","listText":"Yes","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/837242133","repostId":"2162556090","repostType":4,"repost":{"id":"2162556090","kind":"highlight","pubTimestamp":1629896224,"share":"https://www.laohu8.com/m/news/2162556090?lang=&edition=full","pubTime":"2021-08-25 20:57","market":"us","language":"en","title":"Is It Too Late to Buy Nvidia Stock?","url":"https://stock-news.laohu8.com/highlight/detail?id=2162556090","media":"Motley Fool","summary":"The company keeps reporting one great quarter after another, with more lucrative opportunities emerging on the horizon.","content":"<p><b>Nvidia</b> (NASDAQ:NVDA) delivered another blowout earnings report last week, with revenue and earnings per share up 68% and 276%, respectively. The stock surged to a new high and has returned 70% over the last year.</p>\n<p>Analysts expect Nvidia to grow earnings per share at a compound annual rate of 30% over the next five years. If Nvidia delivers on those expectations, the stock could still deliver big gains from these levels. Here are three reasons why it's not too late to buy Nvidia stock.</p>\n<p class=\"t-img-caption\"><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F640412%2Fgeforce-rtx-30-series.png&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"393\" width=\"100%\" height=\"auto\"><span>The GeForce RTX 30 series of gaming cards. Image source: Nvidia.</span></p>\n<h2>1. Improving gross margin</h2>\n<p>In the fiscal second quarter, non-GAAP gross margin improved by 70 basis points year over year to reach 66.7%.&nbsp;Management credited higher average selling prices for desktop GeForce gaming graphics processing units (GPUs).&nbsp;This trend is partly responsible for fueling Nvidia's gross margin over the last five years.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c5c78c5ba194c8b3410b18c02a4227e9\" tg-width=\"720\" tg-height=\"387\" width=\"100%\" height=\"auto\"><span>NVDA Gross Profit Margin data by YCharts</span></p>\n<p>An expanding margin indicates that Nvidia's competitive moat is widening. Nvidia commands the top market share spot in discrete add-in board GPUs. The latest report from Jon Peddie Research shows Nvidia's add-in board market share holding at 80% in first-quarter 2021, slightly down from 83% in the previous quarter, but up from 69% in Q1 2020.&nbsp;This is despite the efforts of competitor <b>Advanced Micro Devices</b> and its CEO, Lisa Su, to be more competitive in the market.</p>\n<p>Nvidia is also a leading supplier of graphics chips for self-driving cars and data centers. It has racked up more than $8 billion of design wins in automotive now that some of the world's leading car manufacturers are using the Nvidia Drive platform to work on autonomous technology.</p>\n<p>Moreover, data center continues to look like a massive market for the company, with segment revenue up 35% year over year in the last quarter, which is on top of triple-digit growth in the year-ago quarter.</p>\n<p>The growth in the data center segment has been the primary driver of Nvidia's gross margin improvement in recent years,&nbsp;but with data center alone representing a potential $100 billion market opportunity,&nbsp;Nvidia's margin expansion story is not over. Trailing 12-month data-center revenue totaled just $8.2 billion. The long-term upside here bodes well for future earnings growth, which could justify a higher stock price.</p>\n<h2>2. Software opportunity</h2>\n<p>Nvidia has increased its capital spending more than eightfold to $1.2 billion over the last five years.&nbsp;One of the results of that increase in investment is the recent unveiling of new software-as-a-service platforms, such as Nvidia AI Enterprise and Nvidia Omniverse.</p>\n<p>The AI Enterprise platform will be offered either through a perpetual or annual license fee.&nbsp;It combines state-of-the-art software tools to help IT professionals bring AI solutions to market in a much shorter timeframe.&nbsp;It's currently in early access and will be available soon.</p>\n<p>Nvidia Omniverse will be available later this year on a subscription basis. It's a simulation and collaboration platform for graphics artists who work on 3D content, such as the virtual shared worlds that have driven increasing user engagement at <b>Roblox</b>.&nbsp;Omniverse essentially opens the door for Nvidia to ride the growing popularity of the metaverse that Roblox has helped bring into the mainstream.</p>\n<p>How big is Nvidia's software opportunity? On the recent earnings call, CEO Jensen Huang said it \"could represent billions of dollars of business opportunity for us.\"&nbsp;Most importantly, as software revenue increases, it should improve margins and bring a recurring revenue stream that can offset fluctuations in demand for hardware chips.</p>\n<p>Investors tend to reward companies with long growth runways and recurring revenue streams with higher valuations, so these opportunities could justify Nvidia's expensive-looking price-to-earnings ratio of 52 based on this year's earnings projections.</p>\n<h2>3. Fastest gaming upgrade cycle in Nvidia's history</h2>\n<p>Despite ongoing supply shortages, gaming revenue jumped 85% year over year in the last quarter.&nbsp;Over 80% of Ampere-based GeForce gaming GPU shipments were from low hash rate chips. The latter were released earlier this year to discourage cryptocurrency miners from buying chips intended for PC gamers.&nbsp;Overall, the numbers show that Nvidia is experiencing very high demand from PC gamers.</p>\n<p>A sharp fall in cryptocurrency prices in late 2018 caused a collapse in gaming revenue,&nbsp;but Nvidia is currently experiencing its fastest ramp in history with the new Ampere gaming graphics cards, and it's just getting started in this upgrade cycle. Management estimates that 80% of the GeForce user base has yet to upgrade to a RTX GPU.</p>\n<p>What's more, it's estimated that the number of PC gamers grew by 20% over the last year. So, Nvidia not only has millions of GeForce users who have yet to upgrade, but there are new players in the market that could point to more growth in the gaming segment, which is still Nvidia's largest revenue source.</p>\n<h2>Nvidia is still a good investment</h2>\n<p>Management is calling for revenue to increase by approximately 44% year over year in the next quarter.&nbsp;Nvidia is serving large markets that could keep the business growing for a long time. New opportunities in robotics, automated factories, and other advanced applications of its products are more great reasons to consider buying shares. So to put it simply, no, it is definitely not too late to buy Nvidia stock.</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>Is It Too Late to Buy Nvidia Stock?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs It Too Late to Buy Nvidia Stock?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-25 20:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/08/25/is-it-too-late-to-buy-nvidia-stock/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nvidia (NASDAQ:NVDA) delivered another blowout earnings report last week, with revenue and earnings per share up 68% and 276%, respectively. The stock surged to a new high and has returned 70% over ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/08/25/is-it-too-late-to-buy-nvidia-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"https://www.fool.com/investing/2021/08/25/is-it-too-late-to-buy-nvidia-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2162556090","content_text":"Nvidia (NASDAQ:NVDA) delivered another blowout earnings report last week, with revenue and earnings per share up 68% and 276%, respectively. The stock surged to a new high and has returned 70% over the last year.\nAnalysts expect Nvidia to grow earnings per share at a compound annual rate of 30% over the next five years. If Nvidia delivers on those expectations, the stock could still deliver big gains from these levels. Here are three reasons why it's not too late to buy Nvidia stock.\nThe GeForce RTX 30 series of gaming cards. Image source: Nvidia.\n1. Improving gross margin\nIn the fiscal second quarter, non-GAAP gross margin improved by 70 basis points year over year to reach 66.7%. Management credited higher average selling prices for desktop GeForce gaming graphics processing units (GPUs). This trend is partly responsible for fueling Nvidia's gross margin over the last five years.\nNVDA Gross Profit Margin data by YCharts\nAn expanding margin indicates that Nvidia's competitive moat is widening. Nvidia commands the top market share spot in discrete add-in board GPUs. The latest report from Jon Peddie Research shows Nvidia's add-in board market share holding at 80% in first-quarter 2021, slightly down from 83% in the previous quarter, but up from 69% in Q1 2020. This is despite the efforts of competitor Advanced Micro Devices and its CEO, Lisa Su, to be more competitive in the market.\nNvidia is also a leading supplier of graphics chips for self-driving cars and data centers. It has racked up more than $8 billion of design wins in automotive now that some of the world's leading car manufacturers are using the Nvidia Drive platform to work on autonomous technology.\nMoreover, data center continues to look like a massive market for the company, with segment revenue up 35% year over year in the last quarter, which is on top of triple-digit growth in the year-ago quarter.\nThe growth in the data center segment has been the primary driver of Nvidia's gross margin improvement in recent years, but with data center alone representing a potential $100 billion market opportunity, Nvidia's margin expansion story is not over. Trailing 12-month data-center revenue totaled just $8.2 billion. The long-term upside here bodes well for future earnings growth, which could justify a higher stock price.\n2. Software opportunity\nNvidia has increased its capital spending more than eightfold to $1.2 billion over the last five years. One of the results of that increase in investment is the recent unveiling of new software-as-a-service platforms, such as Nvidia AI Enterprise and Nvidia Omniverse.\nThe AI Enterprise platform will be offered either through a perpetual or annual license fee. It combines state-of-the-art software tools to help IT professionals bring AI solutions to market in a much shorter timeframe. It's currently in early access and will be available soon.\nNvidia Omniverse will be available later this year on a subscription basis. It's a simulation and collaboration platform for graphics artists who work on 3D content, such as the virtual shared worlds that have driven increasing user engagement at Roblox. Omniverse essentially opens the door for Nvidia to ride the growing popularity of the metaverse that Roblox has helped bring into the mainstream.\nHow big is Nvidia's software opportunity? On the recent earnings call, CEO Jensen Huang said it \"could represent billions of dollars of business opportunity for us.\" Most importantly, as software revenue increases, it should improve margins and bring a recurring revenue stream that can offset fluctuations in demand for hardware chips.\nInvestors tend to reward companies with long growth runways and recurring revenue streams with higher valuations, so these opportunities could justify Nvidia's expensive-looking price-to-earnings ratio of 52 based on this year's earnings projections.\n3. Fastest gaming upgrade cycle in Nvidia's history\nDespite ongoing supply shortages, gaming revenue jumped 85% year over year in the last quarter. Over 80% of Ampere-based GeForce gaming GPU shipments were from low hash rate chips. The latter were released earlier this year to discourage cryptocurrency miners from buying chips intended for PC gamers. Overall, the numbers show that Nvidia is experiencing very high demand from PC gamers.\nA sharp fall in cryptocurrency prices in late 2018 caused a collapse in gaming revenue, but Nvidia is currently experiencing its fastest ramp in history with the new Ampere gaming graphics cards, and it's just getting started in this upgrade cycle. Management estimates that 80% of the GeForce user base has yet to upgrade to a RTX GPU.\nWhat's more, it's estimated that the number of PC gamers grew by 20% over the last year. So, Nvidia not only has millions of GeForce users who have yet to upgrade, but there are new players in the market that could point to more growth in the gaming segment, which is still Nvidia's largest revenue source.\nNvidia is still a good investment\nManagement is calling for revenue to increase by approximately 44% year over year in the next quarter. Nvidia is serving large markets that could keep the business growing for a long time. New opportunities in robotics, automated factories, and other advanced applications of its products are more great reasons to consider buying shares. So to put it simply, no, it is definitely not too late to buy Nvidia stock.","news_type":1},"isVote":1,"tweetType":1,"viewCount":259,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":832855769,"gmtCreate":1629610383651,"gmtModify":1633683757478,"author":{"id":"3586591200613554","authorId":"3586591200613554","name":"DPirate","avatar":"https://static.tigerbbs.com/515564d610f84cda35e2c825b157b54c","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586591200613554","authorIdStr":"3586591200613554"},"themes":[],"htmlText":"Bearish signals?","listText":"Bearish signals?","text":"Bearish signals?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/832855769","repostId":"1176431153","repostType":4,"repost":{"id":"1176431153","kind":"news","pubTimestamp":1629604617,"share":"https://www.laohu8.com/m/news/1176431153?lang=&edition=full","pubTime":"2021-08-22 11:56","market":"us","language":"en","title":"Buffett’s Berkshire Still Isn’t Buying. Here’s What It Sold.","url":"https://stock-news.laohu8.com/highlight/detail?id=1176431153","media":"Barron's","summary":"If you’ve been waiting forBerkshire Hathawayto spend a decent chunk of its $144 billion in cash and ","content":"<p>If you’ve been waiting forBerkshire Hathawayto spend a decent chunk of its $144 billion in cash and equivalents on an acquisition, you’ll have to wait a little longer—maybe a lot longer. Not only did Berkshire fail to make a significant purchase in the second quarter, but CEO Warren Buffett and his investment lieutenants, Todd Combs and Ted Weschler, were net sellers of about $1 billion of stocks in the period, according to the company’s latest 10-Q filing.</p>\n<p>Berkshire pared its stakes in three drug stocks—AbbVie,Bristol-Myers Squibb, andMerck—all acquired in 2020. The company also sold seven millionGeneral Motorsshares in the quarter, cutting its holding to 60 million shares, now worth $3.2 billion. Berkshire trimmed itsChevronposition slightly, and added to its stake in grocerKroger.</p>\n<p>There were no changes in its two largest holdings. The company’sApplestake held steady at 887 million shares, now worth $134 billion, andBank of Americastood at 1.01 billion shares, worth $41 billion. Berkshire’s total equity holdings topped $300 billion as of June 30.</p>\n<p>As for its own shares, Berkshire was a buyer, scooping up about $6 billion of stock in each of the past two quarters, or about 1% of the shares outstanding in each period.</p>\n<p>And it wasn’t the only buyer; both share classes are up about 25% this year, ahead of theS&amp;P 500index’s total return of about 20%.</p>\n<p><b>Last WeekPre-Tantrum</b></p>\n<p>Stock indexes finished the week in the red, with the bulk of the week’s selling coming on Tuesday and Wednesday. The S&amp;P 500,Nasdaq Composite,andDow Jones Industrial Averageeach sank close to 2% over those days. Minutes from the Federal Reserve’s monetary policy committee’s latest meeting, released on Wednesday, showed an active debate among officials about when to begin withdrawing the emergency stimulus in place since March 2020. The Fed could begin reducing its U.S. Treasury and mortgage-backed securities purchases—currently running at a combined $120 billion a month—this fall. The Dow finished the week down 1.1%, at 35,120.08; the S&amp;P lost 0.6%, to 4441.67; and the Nasdaq Composite fell 0.7%, to 14,714.66.</p>\n<p><b>Shop Till They Drop</b></p>\n<p>Retailers reported their results for the May-to-July period, their second quarter. The overall picture is of consumers armed with pandemic savings and federal stimulus cash—and eager to spend it.Walmart,Target,Home Depot,Macy’s,and more topped Wall Street’s forecasts for sales and profits in the quarter. (See“Shoppers Are Crowding Malls and Bricks-and-Mortar Stores Again.”)</p>\n<p><b>Calling All Hackers</b></p>\n<p>Shares ofT-Mobile UScame under pressure after reports in the online publication Motherboard that customer data claiming to be from the wireless network operator’s servers was for sale online. T-Mobile later confirmed that there had been unauthorized access to some of the company’s data, including records for roughly 54 million people.</p>\n<p><b>Passing the Baton</b></p>\n<p>Johnson &amp; Johnsonannounced a surprise CEO transition. Its current chief executive, Alex Gorsky, will hand the reins to Joaquin Duato in January after nine years in charge and three decades at the company, which has a market value of nearly $500 billion. Duato, 59, is currently the vice chairman of J&amp;J’s executive committee. Gorsky, 61, will assume the post of executive chairman, a newly created role, next year.</p>\n<p><b>Annals of Deal Making</b></p>\n<p>Gene-sequencing firmIlluminaclosed a $7.1 billion acquisition of Grail, which works on early cancer detection. A legal battle with the Federal Trade Commission continues…German logistics firm Deutsche Post will acquire ocean freight-forwarding company J.F. Hillebrand Group for about 1.5 billion euros ($1.8 billion) in cash…ToolmakerStanley Black &amp; Deckeragreed to pay $1.6 billion in cash for the 80% of MTD Holdings that it doesn’t already own. MTD makes lawn mowers and other outdoor power tools under the Cub Cadet and Troy-Bilt brands…BHP Groupwill merge its oil-and-gas unit withWoodside Petroleumin an all-stock deal, with its shareholders owning 48%. The miner will also shift its primary stock market listing from London to Sydney.</p>","source":"lsy1610680873436","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>Buffett’s Berkshire Still Isn’t Buying. Here’s What It Sold.</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\">\nBuffett’s Berkshire Still Isn’t Buying. Here’s What It Sold.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-22 11:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/berkshire-hathaway-holdings-news-51629509250?siteid=yhoof2&tesla=y><strong>Barron's</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>If you’ve been waiting forBerkshire Hathawayto spend a decent chunk of its $144 billion in cash and equivalents on an acquisition, you’ll have to wait a little longer—maybe a lot longer. Not only did ...</p>\n\n<a href=\"https://www.barrons.com/articles/berkshire-hathaway-holdings-news-51629509250?siteid=yhoof2&tesla=y\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.barrons.com/articles/berkshire-hathaway-holdings-news-51629509250?siteid=yhoof2&tesla=y","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176431153","content_text":"If you’ve been waiting forBerkshire Hathawayto spend a decent chunk of its $144 billion in cash and equivalents on an acquisition, you’ll have to wait a little longer—maybe a lot longer. Not only did Berkshire fail to make a significant purchase in the second quarter, but CEO Warren Buffett and his investment lieutenants, Todd Combs and Ted Weschler, were net sellers of about $1 billion of stocks in the period, according to the company’s latest 10-Q filing.\nBerkshire pared its stakes in three drug stocks—AbbVie,Bristol-Myers Squibb, andMerck—all acquired in 2020. The company also sold seven millionGeneral Motorsshares in the quarter, cutting its holding to 60 million shares, now worth $3.2 billion. Berkshire trimmed itsChevronposition slightly, and added to its stake in grocerKroger.\nThere were no changes in its two largest holdings. The company’sApplestake held steady at 887 million shares, now worth $134 billion, andBank of Americastood at 1.01 billion shares, worth $41 billion. Berkshire’s total equity holdings topped $300 billion as of June 30.\nAs for its own shares, Berkshire was a buyer, scooping up about $6 billion of stock in each of the past two quarters, or about 1% of the shares outstanding in each period.\nAnd it wasn’t the only buyer; both share classes are up about 25% this year, ahead of theS&P 500index’s total return of about 20%.\nLast WeekPre-Tantrum\nStock indexes finished the week in the red, with the bulk of the week’s selling coming on Tuesday and Wednesday. The S&P 500,Nasdaq Composite,andDow Jones Industrial Averageeach sank close to 2% over those days. Minutes from the Federal Reserve’s monetary policy committee’s latest meeting, released on Wednesday, showed an active debate among officials about when to begin withdrawing the emergency stimulus in place since March 2020. The Fed could begin reducing its U.S. Treasury and mortgage-backed securities purchases—currently running at a combined $120 billion a month—this fall. The Dow finished the week down 1.1%, at 35,120.08; the S&P lost 0.6%, to 4441.67; and the Nasdaq Composite fell 0.7%, to 14,714.66.\nShop Till They Drop\nRetailers reported their results for the May-to-July period, their second quarter. The overall picture is of consumers armed with pandemic savings and federal stimulus cash—and eager to spend it.Walmart,Target,Home Depot,Macy’s,and more topped Wall Street’s forecasts for sales and profits in the quarter. (See“Shoppers Are Crowding Malls and Bricks-and-Mortar Stores Again.”)\nCalling All Hackers\nShares ofT-Mobile UScame under pressure after reports in the online publication Motherboard that customer data claiming to be from the wireless network operator’s servers was for sale online. T-Mobile later confirmed that there had been unauthorized access to some of the company’s data, including records for roughly 54 million people.\nPassing the Baton\nJohnson & Johnsonannounced a surprise CEO transition. Its current chief executive, Alex Gorsky, will hand the reins to Joaquin Duato in January after nine years in charge and three decades at the company, which has a market value of nearly $500 billion. Duato, 59, is currently the vice chairman of J&J’s executive committee. Gorsky, 61, will assume the post of executive chairman, a newly created role, next year.\nAnnals of Deal Making\nGene-sequencing firmIlluminaclosed a $7.1 billion acquisition of Grail, which works on early cancer detection. A legal battle with the Federal Trade Commission continues…German logistics firm Deutsche Post will acquire ocean freight-forwarding company J.F. Hillebrand Group for about 1.5 billion euros ($1.8 billion) in cash…ToolmakerStanley Black & Deckeragreed to pay $1.6 billion in cash for the 80% of MTD Holdings that it doesn’t already own. MTD makes lawn mowers and other outdoor power tools under the Cub Cadet and Troy-Bilt brands…BHP Groupwill merge its oil-and-gas unit withWoodside Petroleumin an all-stock deal, with its shareholders owning 48%. The miner will also shift its primary stock market listing from London to Sydney.","news_type":1},"isVote":1,"tweetType":1,"viewCount":311,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":836457662,"gmtCreate":1629517749856,"gmtModify":1633684289223,"author":{"id":"3586591200613554","authorId":"3586591200613554","name":"DPirate","avatar":"https://static.tigerbbs.com/515564d610f84cda35e2c825b157b54c","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586591200613554","authorIdStr":"3586591200613554"},"themes":[],"htmlText":"Is this the correction everyone was talking about last month?","listText":"Is this the correction everyone was talking about last month?","text":"Is this the correction everyone was talking about last month?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/836457662","repostId":"2161745814","repostType":4,"repost":{"id":"2161745814","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1629493200,"share":"https://www.laohu8.com/m/news/2161745814?lang=&edition=full","pubTime":"2021-08-21 05:00","market":"hk","language":"en","title":"S&P 500 hasn't fallen 5% from a peak in nearly 200 sessions--what that tells market historians","url":"https://stock-news.laohu8.com/highlight/detail?id=2161745814","media":"Dow Jones","summary":"It is an unbearable lightness of being for the S&P 500 index.\nThe broad-market measure of a basket o","content":"<p>It is an unbearable lightness of being for the S&amp;P 500 index.</p>\n<p>The broad-market measure of a basket of 500 U.S. stocks has been preternaturally resistant to pullbacks of late, despite concerns about the spread of the highly transmissible delta variant of COVID-19 and worries that the Federal Reserve’s strategy to reduce its bond purchases may be ill-timed.</p>\n<p>Yet, the S&amp;P 500 indexSPX,+0.81%has seen a largely uninterrupted ascent to such a degree that Friday marked the 200th session without a drawdown of 5% or more from a recent peak, making the current stretch of levitation the longest such since 2016, when the market went 404 sessions without falling by at least 5% peak to trough.</p>\n<p><img src=\"https://static.tigerbbs.com/d5d7a23827730d58001a0b40420acd79\" tg-width=\"981\" tg-height=\"437\" width=\"100%\" height=\"auto\">It is extremely rare for the market to enjoy such a period of relative effervescence. Indeed, such lengthy stretches without a 5% pullback or better have occurred on only eight occasions in the S&amp;P 500 index, the attached table shows.</p>\n<p>There clearly are reasons why the market is clambering higher in the recovery from COVID, set againsta daunting wall of worry. Investors are jockeying between areas of the market that are expected to boost revenue and profit faster than the rest of the pack and those that are beaten down and might benefit from a fuller economic rebound from coronavirus.</p>\n<p>Buying on Monday helped the Dow Jones Industrial AverageDJIA,+0.65%and the S&amp;P 500 indexSPX,+0.81%produce their 35th and 49th record all-time closing highs of 2021, respectively. Meanwhile, the Nasdaq Composite IndexCOMP,+1.19%stands a little over 2.5% from its record high put in on Aug. 5.</p>\n<p>There is, of course, a sense that the party for stocks can’t last forever.</p>\n<p>So, how does the market tend to perform in period after such a protracted bullish run?</p>\n<p>The data set is very small but the S&amp;P 500 has mostly climbed on a median basis, falling 1.2% in the following year but producing a median gain of 17.6% in a two-year period and 55% in the ensuing five-year period. The mean average return is better, showing a gain of 6.5%, 27.4% and 64%, respectively.</p>\n<p><img src=\"https://static.tigerbbs.com/d556c67fc01e330a57abb4c65802c29d\" tg-width=\"964\" tg-height=\"626\" width=\"100%\" height=\"auto\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>S&P 500 hasn't fallen 5% from a peak in nearly 200 sessions--what that tells market historians</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nS&P 500 hasn't fallen 5% from a peak in nearly 200 sessions--what that tells market historians\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-08-21 05:00</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>It is an unbearable lightness of being for the S&amp;P 500 index.</p>\n<p>The broad-market measure of a basket of 500 U.S. stocks has been preternaturally resistant to pullbacks of late, despite concerns about the spread of the highly transmissible delta variant of COVID-19 and worries that the Federal Reserve’s strategy to reduce its bond purchases may be ill-timed.</p>\n<p>Yet, the S&amp;P 500 indexSPX,+0.81%has seen a largely uninterrupted ascent to such a degree that Friday marked the 200th session without a drawdown of 5% or more from a recent peak, making the current stretch of levitation the longest such since 2016, when the market went 404 sessions without falling by at least 5% peak to trough.</p>\n<p><img src=\"https://static.tigerbbs.com/d5d7a23827730d58001a0b40420acd79\" tg-width=\"981\" tg-height=\"437\" width=\"100%\" height=\"auto\">It is extremely rare for the market to enjoy such a period of relative effervescence. Indeed, such lengthy stretches without a 5% pullback or better have occurred on only eight occasions in the S&amp;P 500 index, the attached table shows.</p>\n<p>There clearly are reasons why the market is clambering higher in the recovery from COVID, set againsta daunting wall of worry. Investors are jockeying between areas of the market that are expected to boost revenue and profit faster than the rest of the pack and those that are beaten down and might benefit from a fuller economic rebound from coronavirus.</p>\n<p>Buying on Monday helped the Dow Jones Industrial AverageDJIA,+0.65%and the S&amp;P 500 indexSPX,+0.81%produce their 35th and 49th record all-time closing highs of 2021, respectively. Meanwhile, the Nasdaq Composite IndexCOMP,+1.19%stands a little over 2.5% from its record high put in on Aug. 5.</p>\n<p>There is, of course, a sense that the party for stocks can’t last forever.</p>\n<p>So, how does the market tend to perform in period after such a protracted bullish run?</p>\n<p>The data set is very small but the S&amp;P 500 has mostly climbed on a median basis, falling 1.2% in the following year but producing a median gain of 17.6% in a two-year period and 55% in the ensuing five-year period. The mean average return is better, showing a gain of 6.5%, 27.4% and 64%, respectively.</p>\n<p><img src=\"https://static.tigerbbs.com/d556c67fc01e330a57abb4c65802c29d\" tg-width=\"964\" tg-height=\"626\" width=\"100%\" height=\"auto\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","OEF":"标普100指数ETF-iShares","IVV":"标普500指数ETF","OEX":"标普100","SH":"标普500反向ETF","UPRO":"三倍做多标普500ETF","SDS":"两倍做空标普500ETF","SSO":"两倍做多标普500ETF","SPY":"标普500ETF",".SPX":"S&P 500 Index","SPXU":"三倍做空标普500ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2161745814","content_text":"It is an unbearable lightness of being for the S&P 500 index.\nThe broad-market measure of a basket of 500 U.S. stocks has been preternaturally resistant to pullbacks of late, despite concerns about the spread of the highly transmissible delta variant of COVID-19 and worries that the Federal Reserve’s strategy to reduce its bond purchases may be ill-timed.\nYet, the S&P 500 indexSPX,+0.81%has seen a largely uninterrupted ascent to such a degree that Friday marked the 200th session without a drawdown of 5% or more from a recent peak, making the current stretch of levitation the longest such since 2016, when the market went 404 sessions without falling by at least 5% peak to trough.\nIt is extremely rare for the market to enjoy such a period of relative effervescence. Indeed, such lengthy stretches without a 5% pullback or better have occurred on only eight occasions in the S&P 500 index, the attached table shows.\nThere clearly are reasons why the market is clambering higher in the recovery from COVID, set againsta daunting wall of worry. Investors are jockeying between areas of the market that are expected to boost revenue and profit faster than the rest of the pack and those that are beaten down and might benefit from a fuller economic rebound from coronavirus.\nBuying on Monday helped the Dow Jones Industrial AverageDJIA,+0.65%and the S&P 500 indexSPX,+0.81%produce their 35th and 49th record all-time closing highs of 2021, respectively. Meanwhile, the Nasdaq Composite IndexCOMP,+1.19%stands a little over 2.5% from its record high put in on Aug. 5.\nThere is, of course, a sense that the party for stocks can’t last forever.\nSo, how does the market tend to perform in period after such a protracted bullish run?\nThe data set is very small but the S&P 500 has mostly climbed on a median basis, falling 1.2% in the following year but producing a median gain of 17.6% in a two-year period and 55% in the ensuing five-year period. The mean average return is better, showing a gain of 6.5%, 27.4% and 64%, respectively.","news_type":1},"isVote":1,"tweetType":1,"viewCount":301,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":836457368,"gmtCreate":1629517703954,"gmtModify":1633684289470,"author":{"id":"3586591200613554","authorId":"3586591200613554","name":"DPirate","avatar":"https://static.tigerbbs.com/515564d610f84cda35e2c825b157b54c","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586591200613554","authorIdStr":"3586591200613554"},"themes":[],"htmlText":"Future… 👍","listText":"Future… 👍","text":"Future… 👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/836457368","repostId":"2161149745","repostType":4,"isVote":1,"tweetType":1,"viewCount":285,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":836650366,"gmtCreate":1629479503955,"gmtModify":1631888653683,"author":{"id":"3586591200613554","authorId":"3586591200613554","name":"DPirate","avatar":"https://static.tigerbbs.com/515564d610f84cda35e2c825b157b54c","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586591200613554","authorIdStr":"3586591200613554"},"themes":[],"htmlText":"Seems like a Green day after back to back Red&nbsp;","listText":"Seems like a Green day after back to back Red&nbsp;","text":"Seems like a Green day after back to back Red","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/836650366","repostId":"1191201221","repostType":4,"isVote":1,"tweetType":1,"viewCount":74,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":836650044,"gmtCreate":1629479458688,"gmtModify":1633684532543,"author":{"id":"3586591200613554","authorId":"3586591200613554","name":"DPirate","avatar":"https://static.tigerbbs.com/515564d610f84cda35e2c825b157b54c","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586591200613554","authorIdStr":"3586591200613554"},"themes":[],"htmlText":"Good in longer term 👍","listText":"Good in longer term 👍","text":"Good in longer term 👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/836650044","repostId":"1129576857","repostType":4,"isVote":1,"tweetType":1,"viewCount":75,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":838759722,"gmtCreate":1629431626466,"gmtModify":1633684866959,"author":{"id":"3586591200613554","authorId":"3586591200613554","name":"DPirate","avatar":"https://static.tigerbbs.com/515564d610f84cda35e2c825b157b54c","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586591200613554","authorIdStr":"3586591200613554"},"themes":[],"htmlText":"Way to go 👍","listText":"Way to go 👍","text":"Way to go 👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/838759722","repostId":"1137437185","repostType":4,"isVote":1,"tweetType":1,"viewCount":88,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":839553467,"gmtCreate":1629168215259,"gmtModify":1633686859448,"author":{"id":"3586591200613554","authorId":"3586591200613554","name":"DPirate","avatar":"https://static.tigerbbs.com/515564d610f84cda35e2c825b157b54c","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586591200613554","authorIdStr":"3586591200613554"},"themes":[],"htmlText":"Waiting for September 👍","listText":"Waiting for September 👍","text":"Waiting for September 👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/839553467","repostId":"1107420537","repostType":4,"isVote":1,"tweetType":1,"viewCount":206,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":839553382,"gmtCreate":1629168193146,"gmtModify":1633686859795,"author":{"id":"3586591200613554","authorId":"3586591200613554","name":"DPirate","avatar":"https://static.tigerbbs.com/515564d610f84cda35e2c825b157b54c","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586591200613554","authorIdStr":"3586591200613554"},"themes":[],"htmlText":"Waiting for September 👍","listText":"Waiting for September 👍","text":"Waiting for September 👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/839553382","repostId":"1107420537","repostType":4,"isVote":1,"tweetType":1,"viewCount":123,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":895669681,"gmtCreate":1628739800243,"gmtModify":1633689853009,"author":{"id":"3586591200613554","authorId":"3586591200613554","name":"DPirate","avatar":"https://static.tigerbbs.com/515564d610f84cda35e2c825b157b54c","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586591200613554","authorIdStr":"3586591200613554"},"themes":[],"htmlText":"[Cool]&nbsp;","listText":"[Cool]&nbsp;","text":"[Cool]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/895669681","repostId":"1123731867","repostType":4,"isVote":1,"tweetType":1,"viewCount":53,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":892512278,"gmtCreate":1628671782294,"gmtModify":1633745228939,"author":{"id":"3586591200613554","authorId":"3586591200613554","name":"DPirate","avatar":"https://static.tigerbbs.com/515564d610f84cda35e2c825b157b54c","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586591200613554","authorIdStr":"3586591200613554"},"themes":[],"htmlText":"@MT ArcelorMittal","listText":"@MT ArcelorMittal","text":"@MT ArcelorMittal","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/892512278","repostId":"1147144306","repostType":4,"repost":{"id":"1147144306","kind":"news","pubTimestamp":1628651652,"share":"https://www.laohu8.com/m/news/1147144306?lang=&edition=full","pubTime":"2021-08-11 11:14","market":"hk","language":"en","title":"What stocks and sectors will benefit from the infrastructure bill?","url":"https://stock-news.laohu8.com/highlight/detail?id=1147144306","media":"Market Wacth","summary":"What assets are set to score a boost after the U.S. Senate passed a roughly $1 trillion infrastructure package with broad bipartisan support Tuesday, putting it on track to possibly be passed by the House and be signed into law by President Joe Biden?Thebill reauthorizes spendingon existing federal public-works programs and pours a fresh $550 billion into water projects, the electrical grid and safety efforts. It includes $110 billion for roads, bridges and other projects, as well as $66 billion","content":"<p>What assets are set to score a boost after the U.S. Senate passed a roughly $1 trillion infrastructure package with broad bipartisan support Tuesday, putting it on track to possibly be passed by the House and be signed into law by President Joe Biden?</p>\n<p>Thebill reauthorizes spendingon existing federal public-works programs and pours a fresh $550 billion into water projects, the electrical grid and safety efforts. It includes $110 billion for roads, bridges and other projects, as well as $66 billion for rail, $65 billion for broadband internet and $55 billion for water systems.</p>\n<p>Some analysts say that much of the bill’s positive impact on the economy have already been priced into financial markets but it is possible that a further fillip for stocks could be enjoyed, especially as worries linger about the potential for the delta variant of COVID-19 to stymie aspects of the economic recovery from the deadly pandemic.</p>\n<p>“The passage of the&nbsp;infrastructure&nbsp;bill is a nice headline but unlikely to be a big market mover at this point,” wrote Brian Price, head of investment management at Commonwealth Financial Network in emailed remarks.</p>\n<p>“I think a lot of the enthusiasm has been priced in over the past few weeks and investors are focused on other factors at this point,” he said, perhaps, referring to investors’ current fixation over the likelihood that the Federal Reserve will taper its monthly purchases of $120 billion in Treasurys and mortgage-backed securities, which had helped to stabilize the market during the height the pandemic back in March and April of 2020.</p>\n<p>Still, the stock market was headed higher on Tuesday, with the Dow Jones Industrial AverageDJIA,+0.46%and S&amp;P 500SPX,+0.10%at or near all-time closing highs, after the bill’s passage in the Upper chamber, with a 69-to-30 vote, with 19 Republicans also joining the Democratic yeas, The Wall Street Journal reported.</p>\n<p>A popular exchange-traded fund that offers exposure to stocks that would benefit from an infrastructure bill, the <a href=\"https://laohu8.com/S/EFFE\">Global X</a> U.S. Infrastructure Development ETFPAVE,+2.19%,was up 2.2% on Tuesday and has climbed 4.7% within the past 30 days, FactSet data show.<img src=\"https://static.tigerbbs.com/d21f2ed025a84fdc2840732cbf4dff62\" tg-width=\"825\" tg-height=\"525\" referrerpolicy=\"no-referrer\">Pave the way higher?The 'PAVE' ETF has been rising over the past 30 daysGlobal X US Infrastructure Development ETFSource: FactSetAs of Aug. 10, 4 p.m. ETJune 2021Aug.24.525.025.526.026.527.0$27.5</p>\n<p>PAVE, referring to the infrastructure ETFs ticker symbol is up 28% so far in 2021, compared with year-to-date gains of around 15% for the S&amp;P 500 and the Dow.</p>\n<p>PAVE holds 100 stocks, from small-cap to large-cap companies, that derive at least 50% of revenue from infrastructure construction, materials and equipment supply and related services in the U.S.</p>\n<p>Similarly, the <a href=\"https://laohu8.com/S/IFRA\">iShares U.S. Infrastructure ETF</a>IFRA,+1.45%,another way to play infrastructure, rose 1.3% on Tuesday and is up nearly 22% in the first eight months of the year. The iShares ETF also includes 20 electric utilities and four water utilities, and for that reason isn’t always viewed as a pure-play infrastructure fund.</p>\n<p>The Industrial <a href=\"https://laohu8.com/S/SLCT\">Select</a> Sector SPDR ETFXLI,+1.02%,which tracks the S&amp;P 500’s industrial sector, was up 1% on Tuesday and has gained nearly 18% in the year so far.</p>\n<p>Back in the spring MarketWatch’s Philip van Doorn wrote that there are about 20 companies that are included in PAVE that might have the most upsidepotential for investors. Those include <a href=\"https://laohu8.com/S/TISI\">Team</a> Inc., which was up 4.4% on Tuesday but has declined 56% in the year to date and <a href=\"https://laohu8.com/S/PRIM\">Primoris</a>, which was up 2.9% on the day but down 3.6% so far this year.</p>\n<table>\n <tbody>\n  <tr>\n   <td><b>Company names</b></td>\n   <td><b>YTD % return</b></td>\n  </tr>\n  <tr>\n   <td>Team Inc.TISI,+4.37%</td>\n   <td>-56.83</td>\n  </tr>\n  <tr>\n   <td>Primoris Services Corp.PRIM,+2.90%</td>\n   <td>-3.6%</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/CMCO\">Columbus McKinnon</a> Corp.CMCO,+2.03%</td>\n   <td>17.6%</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/BLDR\">Builders FirstSource</a> Inc.BLDR,+2.72%</td>\n   <td>19.6%</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/WMS\">Advanced Drainage</a> Systems Inc.WMS,+1.89%</td>\n   <td>40%</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/AIMCV\">Altra Industrial Motion Corp.</a>AIMC,+3.15%</td>\n   <td>10.5%</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/DY\">Dycom</a> IndustriesDY,-0.96%</td>\n   <td>-5.7%</td>\n  </tr>\n  <tr>\n   <td>Cleveland-Cliffs Inc.CLF,+5.05%</td>\n   <td>78.7%</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/RXN\">Rexnord</a> Corp.RXN,+1.91%</td>\n   <td>51%</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/HRI\">Herc</a> Holdings Inc.HRI,+2.28%</td>\n   <td>90%</td>\n  </tr>\n </tbody>\n</table>\n<p>Overall, the investment in infrastructure is the biggest investment in roads, bridges and tunnels and other areas of America’s inner workings in a generation.</p>\n<p>Edward Moya, analyst at Oanda, said that the infrastructure package, should it get quickly passed by the House, is very constructive in “driving the cyclical trade,” particularly as there have been concerns about the delta variant of COVID.</p>\n<p>“Spending will take a few years to ramp up and will in any case be spread over the rest of the decade,” said Michael Pearce, senior U.S. economist at Capital Economics, in a recent note.</p>","source":"lsy1604288433698","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>What stocks and sectors will benefit from the infrastructure bill?</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\">\nWhat stocks and sectors will benefit from the infrastructure bill?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-11 11:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/what-stocks-and-sectors-will-benefit-from-the-infrastructure-bill-11628628331?mod=home-page><strong>Market Wacth</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What assets are set to score a boost after the U.S. Senate passed a roughly $1 trillion infrastructure package with broad bipartisan support Tuesday, putting it on track to possibly be passed by the ...</p>\n\n<a href=\"https://www.marketwatch.com/story/what-stocks-and-sectors-will-benefit-from-the-infrastructure-bill-11628628331?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WMS":"Advanced Drainage","XLI":"工业指数ETF-SPDR","IFRA":"iShares U.S. Infrastructure ETF","CLF":"克利夫兰克里夫","CMCO":"哥伦布-麦金农","PRIM":"Primoris Services Corporation","DY":"戴康工业","BLDR":"Builders FirstSource","HRI":"Herc Holdings Inc.","TISI":"Team Inc"},"source_url":"https://www.marketwatch.com/story/what-stocks-and-sectors-will-benefit-from-the-infrastructure-bill-11628628331?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147144306","content_text":"What assets are set to score a boost after the U.S. Senate passed a roughly $1 trillion infrastructure package with broad bipartisan support Tuesday, putting it on track to possibly be passed by the House and be signed into law by President Joe Biden?\nThebill reauthorizes spendingon existing federal public-works programs and pours a fresh $550 billion into water projects, the electrical grid and safety efforts. It includes $110 billion for roads, bridges and other projects, as well as $66 billion for rail, $65 billion for broadband internet and $55 billion for water systems.\nSome analysts say that much of the bill’s positive impact on the economy have already been priced into financial markets but it is possible that a further fillip for stocks could be enjoyed, especially as worries linger about the potential for the delta variant of COVID-19 to stymie aspects of the economic recovery from the deadly pandemic.\n“The passage of the infrastructure bill is a nice headline but unlikely to be a big market mover at this point,” wrote Brian Price, head of investment management at Commonwealth Financial Network in emailed remarks.\n“I think a lot of the enthusiasm has been priced in over the past few weeks and investors are focused on other factors at this point,” he said, perhaps, referring to investors’ current fixation over the likelihood that the Federal Reserve will taper its monthly purchases of $120 billion in Treasurys and mortgage-backed securities, which had helped to stabilize the market during the height the pandemic back in March and April of 2020.\nStill, the stock market was headed higher on Tuesday, with the Dow Jones Industrial AverageDJIA,+0.46%and S&P 500SPX,+0.10%at or near all-time closing highs, after the bill’s passage in the Upper chamber, with a 69-to-30 vote, with 19 Republicans also joining the Democratic yeas, The Wall Street Journal reported.\nA popular exchange-traded fund that offers exposure to stocks that would benefit from an infrastructure bill, the Global X U.S. Infrastructure Development ETFPAVE,+2.19%,was up 2.2% on Tuesday and has climbed 4.7% within the past 30 days, FactSet data show.Pave the way higher?The 'PAVE' ETF has been rising over the past 30 daysGlobal X US Infrastructure Development ETFSource: FactSetAs of Aug. 10, 4 p.m. ETJune 2021Aug.24.525.025.526.026.527.0$27.5\nPAVE, referring to the infrastructure ETFs ticker symbol is up 28% so far in 2021, compared with year-to-date gains of around 15% for the S&P 500 and the Dow.\nPAVE holds 100 stocks, from small-cap to large-cap companies, that derive at least 50% of revenue from infrastructure construction, materials and equipment supply and related services in the U.S.\nSimilarly, the iShares U.S. Infrastructure ETFIFRA,+1.45%,another way to play infrastructure, rose 1.3% on Tuesday and is up nearly 22% in the first eight months of the year. The iShares ETF also includes 20 electric utilities and four water utilities, and for that reason isn’t always viewed as a pure-play infrastructure fund.\nThe Industrial Select Sector SPDR ETFXLI,+1.02%,which tracks the S&P 500’s industrial sector, was up 1% on Tuesday and has gained nearly 18% in the year so far.\nBack in the spring MarketWatch’s Philip van Doorn wrote that there are about 20 companies that are included in PAVE that might have the most upsidepotential for investors. Those include Team Inc., which was up 4.4% on Tuesday but has declined 56% in the year to date and Primoris, which was up 2.9% on the day but down 3.6% so far this year.\n\n\n\nCompany names\nYTD % return\n\n\nTeam Inc.TISI,+4.37%\n-56.83\n\n\nPrimoris Services Corp.PRIM,+2.90%\n-3.6%\n\n\nColumbus McKinnon Corp.CMCO,+2.03%\n17.6%\n\n\nBuilders FirstSource Inc.BLDR,+2.72%\n19.6%\n\n\nAdvanced Drainage Systems Inc.WMS,+1.89%\n40%\n\n\nAltra Industrial Motion Corp.AIMC,+3.15%\n10.5%\n\n\nDycom IndustriesDY,-0.96%\n-5.7%\n\n\nCleveland-Cliffs Inc.CLF,+5.05%\n78.7%\n\n\nRexnord Corp.RXN,+1.91%\n51%\n\n\nHerc Holdings Inc.HRI,+2.28%\n90%\n\n\n\nOverall, the investment in infrastructure is the biggest investment in roads, bridges and tunnels and other areas of America’s inner workings in a generation.\nEdward Moya, analyst at Oanda, said that the infrastructure package, should it get quickly passed by the House, is very constructive in “driving the cyclical trade,” particularly as there have been concerns about the delta variant of COVID.\n“Spending will take a few years to ramp up and will in any case be spread over the rest of the decade,” said Michael Pearce, senior U.S. economist at Capital Economics, in a recent note.","news_type":1},"isVote":1,"tweetType":1,"viewCount":239,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":802210432,"gmtCreate":1627782014526,"gmtModify":1633756481527,"author":{"id":"3586591200613554","authorId":"3586591200613554","name":"DPirate","avatar":"https://static.tigerbbs.com/515564d610f84cda35e2c825b157b54c","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586591200613554","authorIdStr":"3586591200613554"},"themes":[],"htmlText":"[OK]&nbsp;","listText":"[OK]&nbsp;","text":"[OK]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/802210432","repostId":"1141267906","repostType":4,"repost":{"id":"1141267906","kind":"news","pubTimestamp":1627780653,"share":"https://www.laohu8.com/m/news/1141267906?lang=&edition=full","pubTime":"2021-08-01 09:17","market":"us","language":"en","title":"Cathie Wood Is Just a Start as Stock Pickers Storm the ETF World","url":"https://stock-news.laohu8.com/highlight/detail?id=1141267906","media":"Bloomberg","summary":"(Bloomberg) -- Record inflows. Record fund launches. Record assets. If active money management is in","content":"<p><img src=\"https://static.tigerbbs.com/a4418a4a4b2639ef5a68e4da556a6c1b\" tg-width=\"958\" tg-height=\"562\" width=\"100%\" height=\"auto\"></p>\n<p>(Bloomberg) -- Record inflows. Record fund launches. Record assets. If active money management is in decline, someone forgot to tell the ETF industry.</p>\n<p>Amped up by a meme-crazed market and emboldened by the success of Cathie Wood’s Ark Investment Management, stock pickers are storming the $6.6 trillion U.S. exchange-traded fund universe like never before -- adding a new twist in the 50-year invasion from passive investing.</p>\n<p>Passive funds still dominate the industry, but actively managed products have cut into that lead, scooping up three-times their share of the unprecedented $500 billion plowed into ETFs in 2021, according to data compiled by Bloomberg. New active funds are arriving at double the rate of passive rivals, and the cohort has boosted its market share by a third in a year.</p>\n<p>“Historically, people have thought about ETFs as being indexed-based,” said Todd Rosenbluth, head of ETF and mutual fund research at CFRA Research. “Then Ark became a household name, and then investors came to realize that not only were those products worth looking at, but so were others.”</p>\n<p>None of this is supposed to happen in an industry built on the magic of indexing. Yet a market roller coaster brought on by the pandemic is helping discretionary asset managers turn ETFs to their own advantage.</p>\n<p>Equity conditions in general have become conducive to an active approach, leadership shifting in a stop-start economy, an unpredictable macro backdrop, and increased market breadth.</p>\n<p>Read more: Active Funds Crushed Equity Benchmarks in May Like Never Before</p>\n<p>At the same time, investors are showing an unusual willingness to make concentrated bets, from riding the meme-stock madness to following the kind of thematic vision laid out by Wood.</p>\n<p>They’ve poured $62 billion into active ETFs year-to-date. That’s 12% of total flows going to a slice of the market with only 4% of assets. In the rush to tap the burgeoning demand, issuers have now launched 156 actively managed products in 2021, compared with 77 passive funds.</p>\n<p>“At the end of day, the ETF is just a wrapper, it’s just a way to package and distribute an investment strategy,” said Ben Johnson, director of global ETF research at Morningstar. “More investors are getting hip to the fact that the notion of an actively-managed ETF is not an oxymoron.”</p>\n<p>Fifty-Year Battle</p>\n<p>The active surge is the latest development in a money-management battle that’s been raging since July 1971, when a team at Wells Fargo &amp; Co. created the original index fund.</p>\n<p>Today, the passive juggernaut is slashing industry costs, opening up investing to the masses and forcing discretionary traders to adapt or die. Active launches may be booming, but the bulk of cash flooding U.S. stocks is still destined for big, cheap funds that do nothing but track the market.</p>\n<p>Read more: Wall Street Surrenders to the $500 Billion ETF Rush</p>\n<p>“Active ETFs are doing better than they have in past, but passive is still king,” said James Seyffart, an ETF analyst for Bloomberg Intelligence. “A lot of that active flow in the big months from late 2020 to early 2021 is to Cathie’s funds.”</p>\n<p>Wood has become the poster child for active management in ETFs. The flagship fund at Ark was one of the best-performing in America last year with a 149% return.</p>\n<p>Inspired by this and her enticing thematic approach -- which focuses on trends like robotics or space travel rather than market segments -- investors have sunk $14.5 billion into Ark funds in 2021.</p>\n<p>Passive Attack</p>\n<p>The mini boom for active ETFs comes not a moment too soon for the stock-picking industry.</p>\n<p>Passive funds -- mutual and exchange-traded -- now manage $11 trillion and are on course to hold 50% of all registered U.S. fund assets within five years, according to BI calculations.</p>\n<p>Critics say the rapidly swelling index industry is blowing bubbles in stock markets, weakening corporate governance and more. And in some ways, it can also hit returns.</p>\n<p>Take Tesla Inc.’s entry into the S&amp;P 500 in December. While discretionary managers could buy Elon Musk’s firm in advance, index funds ended up adding it at an inflated valuation -- and were forced to offload billions of dollars in other stocks to make space in portfolios.</p>\n<p>“Index funds systematically buy high and sell low,” wrote Rob Arnott of Research Affiliates and his colleagues in a June paper. They argued investors would have been better off holding the company pushed out of the index to make way for Tesla.</p>\n<p>The main advantage stock pickers enjoy over their passive peers is more flexibility in deploying their cash. That’s something they’ve been able to bring to ETFs for years -- Wood’s first fund launched in 2014 -- but it was a rule change in 2019 that paved the way for the current jump in activity.</p>\n<p>It made launching ETFs easier, and enabled new structures that could hide the strategy underpinning a fund. That helped lure multiple major Wall Street players to the industry after years of holding out, including the likes of Wells Fargo and T. Rowe Price.</p>\n<p>Talk of discretionary management’s decline is still rampant, but the woes aren’t as bad as they may seem. Even as U.S. active funds -- mutual and ETF -- saw $209 billion exit last year, they closed 2020 with about $13.3 trillion under management. That was a 13% gain from 2019.</p>\n<p>The increase was largely thanks to rising markets, but if the current trend continues, before long it could just as easily be down to ETF growth.</p>\n<p>“We’re going to see the percentage of assets in actively-managed ETFs continue to climb higher,” said Rosenbluth at CFRA. “They’re going to continue to have the opportunity to punch above their weight.”</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cathie Wood Is Just a Start as Stock Pickers Storm the ETF World</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\">\nCathie Wood Is Just a Start as Stock Pickers Storm the ETF World\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-01 09:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/cathie-wood-just-start-stock-120000320.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Record inflows. Record fund launches. Record assets. If active money management is in decline, someone forgot to tell the ETF industry.\nAmped up by a meme-crazed market and emboldened ...</p>\n\n<a href=\"https://finance.yahoo.com/news/cathie-wood-just-start-stock-120000320.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/cathie-wood-just-start-stock-120000320.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1141267906","content_text":"(Bloomberg) -- Record inflows. Record fund launches. Record assets. If active money management is in decline, someone forgot to tell the ETF industry.\nAmped up by a meme-crazed market and emboldened by the success of Cathie Wood’s Ark Investment Management, stock pickers are storming the $6.6 trillion U.S. exchange-traded fund universe like never before -- adding a new twist in the 50-year invasion from passive investing.\nPassive funds still dominate the industry, but actively managed products have cut into that lead, scooping up three-times their share of the unprecedented $500 billion plowed into ETFs in 2021, according to data compiled by Bloomberg. New active funds are arriving at double the rate of passive rivals, and the cohort has boosted its market share by a third in a year.\n“Historically, people have thought about ETFs as being indexed-based,” said Todd Rosenbluth, head of ETF and mutual fund research at CFRA Research. “Then Ark became a household name, and then investors came to realize that not only were those products worth looking at, but so were others.”\nNone of this is supposed to happen in an industry built on the magic of indexing. Yet a market roller coaster brought on by the pandemic is helping discretionary asset managers turn ETFs to their own advantage.\nEquity conditions in general have become conducive to an active approach, leadership shifting in a stop-start economy, an unpredictable macro backdrop, and increased market breadth.\nRead more: Active Funds Crushed Equity Benchmarks in May Like Never Before\nAt the same time, investors are showing an unusual willingness to make concentrated bets, from riding the meme-stock madness to following the kind of thematic vision laid out by Wood.\nThey’ve poured $62 billion into active ETFs year-to-date. That’s 12% of total flows going to a slice of the market with only 4% of assets. In the rush to tap the burgeoning demand, issuers have now launched 156 actively managed products in 2021, compared with 77 passive funds.\n“At the end of day, the ETF is just a wrapper, it’s just a way to package and distribute an investment strategy,” said Ben Johnson, director of global ETF research at Morningstar. “More investors are getting hip to the fact that the notion of an actively-managed ETF is not an oxymoron.”\nFifty-Year Battle\nThe active surge is the latest development in a money-management battle that’s been raging since July 1971, when a team at Wells Fargo & Co. created the original index fund.\nToday, the passive juggernaut is slashing industry costs, opening up investing to the masses and forcing discretionary traders to adapt or die. Active launches may be booming, but the bulk of cash flooding U.S. stocks is still destined for big, cheap funds that do nothing but track the market.\nRead more: Wall Street Surrenders to the $500 Billion ETF Rush\n“Active ETFs are doing better than they have in past, but passive is still king,” said James Seyffart, an ETF analyst for Bloomberg Intelligence. “A lot of that active flow in the big months from late 2020 to early 2021 is to Cathie’s funds.”\nWood has become the poster child for active management in ETFs. The flagship fund at Ark was one of the best-performing in America last year with a 149% return.\nInspired by this and her enticing thematic approach -- which focuses on trends like robotics or space travel rather than market segments -- investors have sunk $14.5 billion into Ark funds in 2021.\nPassive Attack\nThe mini boom for active ETFs comes not a moment too soon for the stock-picking industry.\nPassive funds -- mutual and exchange-traded -- now manage $11 trillion and are on course to hold 50% of all registered U.S. fund assets within five years, according to BI calculations.\nCritics say the rapidly swelling index industry is blowing bubbles in stock markets, weakening corporate governance and more. And in some ways, it can also hit returns.\nTake Tesla Inc.’s entry into the S&P 500 in December. While discretionary managers could buy Elon Musk’s firm in advance, index funds ended up adding it at an inflated valuation -- and were forced to offload billions of dollars in other stocks to make space in portfolios.\n“Index funds systematically buy high and sell low,” wrote Rob Arnott of Research Affiliates and his colleagues in a June paper. They argued investors would have been better off holding the company pushed out of the index to make way for Tesla.\nThe main advantage stock pickers enjoy over their passive peers is more flexibility in deploying their cash. That’s something they’ve been able to bring to ETFs for years -- Wood’s first fund launched in 2014 -- but it was a rule change in 2019 that paved the way for the current jump in activity.\nIt made launching ETFs easier, and enabled new structures that could hide the strategy underpinning a fund. That helped lure multiple major Wall Street players to the industry after years of holding out, including the likes of Wells Fargo and T. Rowe Price.\nTalk of discretionary management’s decline is still rampant, but the woes aren’t as bad as they may seem. Even as U.S. active funds -- mutual and ETF -- saw $209 billion exit last year, they closed 2020 with about $13.3 trillion under management. That was a 13% gain from 2019.\nThe increase was largely thanks to rising markets, but if the current trend continues, before long it could just as easily be down to ETF growth.\n“We’re going to see the percentage of assets in actively-managed ETFs continue to climb higher,” said Rosenbluth at CFRA. “They’re going to continue to have the opportunity to punch above their weight.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":92,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":808654666,"gmtCreate":1627576712255,"gmtModify":1633758109651,"author":{"id":"3586591200613554","authorId":"3586591200613554","name":"DPirate","avatar":"https://static.tigerbbs.com/515564d610f84cda35e2c825b157b54c","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586591200613554","authorIdStr":"3586591200613554"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/808654666","repostId":"1131153172","repostType":4,"isVote":1,"tweetType":1,"viewCount":79,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":808654314,"gmtCreate":1627576668338,"gmtModify":1633758109874,"author":{"id":"3586591200613554","authorId":"3586591200613554","name":"DPirate","avatar":"https://static.tigerbbs.com/515564d610f84cda35e2c825b157b54c","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586591200613554","authorIdStr":"3586591200613554"},"themes":[],"htmlText":"[Strong]&nbsp;","listText":"[Strong]&nbsp;","text":"[Strong]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/808654314","repostId":"1131613450","repostType":4,"isVote":1,"tweetType":1,"viewCount":95,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":808655503,"gmtCreate":1627576585002,"gmtModify":1633758110221,"author":{"id":"3586591200613554","authorId":"3586591200613554","name":"DPirate","avatar":"https://static.tigerbbs.com/515564d610f84cda35e2c825b157b54c","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586591200613554","authorIdStr":"3586591200613554"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/808655503","repostId":"1131907757","repostType":4,"isVote":1,"tweetType":1,"viewCount":181,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":836457662,"gmtCreate":1629517749856,"gmtModify":1633684289223,"author":{"id":"3586591200613554","authorId":"3586591200613554","name":"DPirate","avatar":"https://static.tigerbbs.com/515564d610f84cda35e2c825b157b54c","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586591200613554","authorIdStr":"3586591200613554"},"themes":[],"htmlText":"Is this the correction everyone was talking about last month?","listText":"Is this the correction everyone was talking about last month?","text":"Is this the correction everyone was talking about last month?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/836457662","repostId":"2161745814","repostType":4,"repost":{"id":"2161745814","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1629493200,"share":"https://www.laohu8.com/m/news/2161745814?lang=&edition=full","pubTime":"2021-08-21 05:00","market":"hk","language":"en","title":"S&P 500 hasn't fallen 5% from a peak in nearly 200 sessions--what that tells market historians","url":"https://stock-news.laohu8.com/highlight/detail?id=2161745814","media":"Dow Jones","summary":"It is an unbearable lightness of being for the S&P 500 index.\nThe broad-market measure of a basket o","content":"<p>It is an unbearable lightness of being for the S&amp;P 500 index.</p>\n<p>The broad-market measure of a basket of 500 U.S. stocks has been preternaturally resistant to pullbacks of late, despite concerns about the spread of the highly transmissible delta variant of COVID-19 and worries that the Federal Reserve’s strategy to reduce its bond purchases may be ill-timed.</p>\n<p>Yet, the S&amp;P 500 indexSPX,+0.81%has seen a largely uninterrupted ascent to such a degree that Friday marked the 200th session without a drawdown of 5% or more from a recent peak, making the current stretch of levitation the longest such since 2016, when the market went 404 sessions without falling by at least 5% peak to trough.</p>\n<p><img src=\"https://static.tigerbbs.com/d5d7a23827730d58001a0b40420acd79\" tg-width=\"981\" tg-height=\"437\" width=\"100%\" height=\"auto\">It is extremely rare for the market to enjoy such a period of relative effervescence. Indeed, such lengthy stretches without a 5% pullback or better have occurred on only eight occasions in the S&amp;P 500 index, the attached table shows.</p>\n<p>There clearly are reasons why the market is clambering higher in the recovery from COVID, set againsta daunting wall of worry. Investors are jockeying between areas of the market that are expected to boost revenue and profit faster than the rest of the pack and those that are beaten down and might benefit from a fuller economic rebound from coronavirus.</p>\n<p>Buying on Monday helped the Dow Jones Industrial AverageDJIA,+0.65%and the S&amp;P 500 indexSPX,+0.81%produce their 35th and 49th record all-time closing highs of 2021, respectively. Meanwhile, the Nasdaq Composite IndexCOMP,+1.19%stands a little over 2.5% from its record high put in on Aug. 5.</p>\n<p>There is, of course, a sense that the party for stocks can’t last forever.</p>\n<p>So, how does the market tend to perform in period after such a protracted bullish run?</p>\n<p>The data set is very small but the S&amp;P 500 has mostly climbed on a median basis, falling 1.2% in the following year but producing a median gain of 17.6% in a two-year period and 55% in the ensuing five-year period. The mean average return is better, showing a gain of 6.5%, 27.4% and 64%, respectively.</p>\n<p><img src=\"https://static.tigerbbs.com/d556c67fc01e330a57abb4c65802c29d\" tg-width=\"964\" tg-height=\"626\" width=\"100%\" height=\"auto\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>S&P 500 hasn't fallen 5% from a peak in nearly 200 sessions--what that tells market historians</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nS&P 500 hasn't fallen 5% from a peak in nearly 200 sessions--what that tells market historians\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-08-21 05:00</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>It is an unbearable lightness of being for the S&amp;P 500 index.</p>\n<p>The broad-market measure of a basket of 500 U.S. stocks has been preternaturally resistant to pullbacks of late, despite concerns about the spread of the highly transmissible delta variant of COVID-19 and worries that the Federal Reserve’s strategy to reduce its bond purchases may be ill-timed.</p>\n<p>Yet, the S&amp;P 500 indexSPX,+0.81%has seen a largely uninterrupted ascent to such a degree that Friday marked the 200th session without a drawdown of 5% or more from a recent peak, making the current stretch of levitation the longest such since 2016, when the market went 404 sessions without falling by at least 5% peak to trough.</p>\n<p><img src=\"https://static.tigerbbs.com/d5d7a23827730d58001a0b40420acd79\" tg-width=\"981\" tg-height=\"437\" width=\"100%\" height=\"auto\">It is extremely rare for the market to enjoy such a period of relative effervescence. Indeed, such lengthy stretches without a 5% pullback or better have occurred on only eight occasions in the S&amp;P 500 index, the attached table shows.</p>\n<p>There clearly are reasons why the market is clambering higher in the recovery from COVID, set againsta daunting wall of worry. Investors are jockeying between areas of the market that are expected to boost revenue and profit faster than the rest of the pack and those that are beaten down and might benefit from a fuller economic rebound from coronavirus.</p>\n<p>Buying on Monday helped the Dow Jones Industrial AverageDJIA,+0.65%and the S&amp;P 500 indexSPX,+0.81%produce their 35th and 49th record all-time closing highs of 2021, respectively. Meanwhile, the Nasdaq Composite IndexCOMP,+1.19%stands a little over 2.5% from its record high put in on Aug. 5.</p>\n<p>There is, of course, a sense that the party for stocks can’t last forever.</p>\n<p>So, how does the market tend to perform in period after such a protracted bullish run?</p>\n<p>The data set is very small but the S&amp;P 500 has mostly climbed on a median basis, falling 1.2% in the following year but producing a median gain of 17.6% in a two-year period and 55% in the ensuing five-year period. The mean average return is better, showing a gain of 6.5%, 27.4% and 64%, respectively.</p>\n<p><img src=\"https://static.tigerbbs.com/d556c67fc01e330a57abb4c65802c29d\" tg-width=\"964\" tg-height=\"626\" width=\"100%\" height=\"auto\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","OEF":"标普100指数ETF-iShares","IVV":"标普500指数ETF","OEX":"标普100","SH":"标普500反向ETF","UPRO":"三倍做多标普500ETF","SDS":"两倍做空标普500ETF","SSO":"两倍做多标普500ETF","SPY":"标普500ETF",".SPX":"S&P 500 Index","SPXU":"三倍做空标普500ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2161745814","content_text":"It is an unbearable lightness of being for the S&P 500 index.\nThe broad-market measure of a basket of 500 U.S. stocks has been preternaturally resistant to pullbacks of late, despite concerns about the spread of the highly transmissible delta variant of COVID-19 and worries that the Federal Reserve’s strategy to reduce its bond purchases may be ill-timed.\nYet, the S&P 500 indexSPX,+0.81%has seen a largely uninterrupted ascent to such a degree that Friday marked the 200th session without a drawdown of 5% or more from a recent peak, making the current stretch of levitation the longest such since 2016, when the market went 404 sessions without falling by at least 5% peak to trough.\nIt is extremely rare for the market to enjoy such a period of relative effervescence. Indeed, such lengthy stretches without a 5% pullback or better have occurred on only eight occasions in the S&P 500 index, the attached table shows.\nThere clearly are reasons why the market is clambering higher in the recovery from COVID, set againsta daunting wall of worry. Investors are jockeying between areas of the market that are expected to boost revenue and profit faster than the rest of the pack and those that are beaten down and might benefit from a fuller economic rebound from coronavirus.\nBuying on Monday helped the Dow Jones Industrial AverageDJIA,+0.65%and the S&P 500 indexSPX,+0.81%produce their 35th and 49th record all-time closing highs of 2021, respectively. Meanwhile, the Nasdaq Composite IndexCOMP,+1.19%stands a little over 2.5% from its record high put in on Aug. 5.\nThere is, of course, a sense that the party for stocks can’t last forever.\nSo, how does the market tend to perform in period after such a protracted bullish run?\nThe data set is very small but the S&P 500 has mostly climbed on a median basis, falling 1.2% in the following year but producing a median gain of 17.6% in a two-year period and 55% in the ensuing five-year period. The mean average return is better, showing a gain of 6.5%, 27.4% and 64%, respectively.","news_type":1},"isVote":1,"tweetType":1,"viewCount":301,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":865761549,"gmtCreate":1633020684189,"gmtModify":1633020684399,"author":{"id":"3586591200613554","authorId":"3586591200613554","name":"DPirate","avatar":"https://static.tigerbbs.com/515564d610f84cda35e2c825b157b54c","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586591200613554","authorIdStr":"3586591200613554"},"themes":[],"htmlText":"Just keep hodling HODL","listText":"Just keep hodling HODL","text":"Just keep hodling HODL","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/865761549","repostId":"1177631732","repostType":4,"repost":{"id":"1177631732","kind":"news","pubTimestamp":1633015343,"share":"https://www.laohu8.com/m/news/1177631732?lang=&edition=full","pubTime":"2021-09-30 23:22","market":"us","language":"en","title":"Stock Market’s September Slump Exposes Messy Underside","url":"https://stock-news.laohu8.com/highlight/detail?id=1177631732","media":"The Wall Street Journal","summary":"Rally hit bump in September, the worst month for S&P 500 since 2020\n\nMarkets are closing out the qua","content":"<p>Rally hit bump in September, the worst month for S&amp;P 500 since 2020</p>\n<p><img src=\"https://static.tigerbbs.com/2dc5ed0067d93839f180f3bcbdf51678\" tg-width=\"1173\" tg-height=\"638\" width=\"100%\" height=\"auto\"></p>\n<p>Markets are closing out the quarter on a tumultuous note.</p>\n<p>Stocks have pulled back from all-time highs. Shares of large, fast-growing companies are heading toward their worst month since the pandemic-fueled selloff of March 2020, and&nbsp;Treasury yields have shot up&nbsp;to their highest level since June.</p>\n<p>It is hardly the sanguine end to the quarter that investors had hoped for. Many money managers say they are heading into the final few months of the year feeling on edge.</p>\n<p>Central bankers who had thought this year’s rise in inflation would wind up being a short-term phenomenon aren’t sure how long&nbsp;transitory pressures will persist. Strategists who had predicted another strong quarter of economic growth are cutting estimates because of supply-chain bottlenecks and the highly contagious&nbsp;Delta variant of Covid-19. Economic data have also been falling short of expectations.Citigroup’sEconomic Surprise Index, which tracks how much U.S. reports have been exceeding or undershooting estimates, fell this month to its lowest level since June 2020.</p>\n<p>All told, the S&amp;P 500 is still up 16% for the year and on course to notch a sixth straight quarter of gains. The index is just a few percentage points away from its record close hit in early September.</p>\n<p><img src=\"https://static.tigerbbs.com/fe132ae877a10d2796e4c4542444ac3d\" tg-width=\"419\" tg-height=\"554\" width=\"100%\" height=\"auto\"></p>\n<p>“Sometimes the narrative is clean and easy,” said Keith Lerner, co-chief investment officer of Truist Advisory Services. But now, “I feel like you’re having to find opportunities in a market where not everything is moving together anymore.”</p>\n<p>While Mr. Lerner is still betting on stocks rising over the long term, his firm has trimmed its exposure to emerging markets and focused heavily on the U.S., where he expects the economy to be most resilient, even as the global recovery slows.</p>\n<p>One of the most vexing issues for investors and analysts over the past few months has been how quickly the market has churned through winners and losers.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7c023ba2843417b17986cb4d2bcbbf0f\" tg-width=\"1050\" tg-height=\"700\" width=\"100%\" height=\"auto\"><span>So far this year, companies have been able to post robust profits despite rising costs for raw materials and labor. The floor of the New York Stock Exchange on Tuesday.</span></p>\n<p>Markets behaved relatively predictably in the&nbsp;first half of the year. Investors favored shares of economically sensitive companies such as banks, manufacturers and airlines and rebuffed relatively pricey technology stocks when it looked as though the rollout of Covid-19 vaccines would help supercharge the economy’s recovery.</p>\n<p>This quarter, as the so-called reopening trade stalled, it became harder for investors to pick dominant trades. Technology stocks surged but then took the brunt of market selloffs in early September and this week—putting the S&amp;P 500 Growth Index on track for its biggest monthly pullback since March 2020.</p>\n<p>The bond market also caught many investors off guard. The yield on the 10-year U.S. Treasury note flitted about a narrow range for much of the quarter, only to stage a six-day rise above 1.50% between last week and Tuesday—its biggest such advance since June 2020, according to Dow Jones Market Data. The move came after the Federal Reserve indicated it was ready to begin reversing its pandemic stimulus programs&nbsp;as early as November&nbsp;and considering raising interest rates next year, given a jump in inflation.</p>\n<p>“Even though there’s all this discussion about the market being resilient, the churn under the surface has shown more weakness,” said Liz Ann Sonders, chief investment strategist of Charles Schwab.</p>\n<p>Ms. Sonders attributed the swift rotations taking place in the market to a bevy of investor worries.</p>\n<p>“You have concerns about the virus, then you add on top of it concerns about the debt ceiling, some arguably more mixed economic data recently, [and] uncertainty about monetary policy,” she said. “I don’t know if we’ll get out of this mode anytime soon.”</p>\n<p>Another issue weighing on investors’ minds: inflation.</p>\n<p>So far this year, companies have been able to post robust profits despite rising costs for raw materials and labor. Earnings for S&amp;P 500 companies have beaten analysts’ estimates by double-digit percentages since the second quarter of 2020, according to Morgan Stanley equity strategist Michael Wilson. That is compared with a median beat rate of 5% going back to 2008.</p>\n<p>Yet with supply-chain disruptions and labor shortages persisting around the country, Mr. Wilson said it is hard to believe companies will be able to maintain that momentum.</p>\n<p>Between June and September, 224 S&amp;P 500 companies mentioned inflation on their second-quarter earnings calls, according to FactSet. That is the highest number since FactSet began tracking the data in 2010.</p>\n<p><img src=\"https://static.tigerbbs.com/9cc010172cb9d8099b1b19971a2037d6\" tg-width=\"443\" tg-height=\"625\" width=\"100%\" height=\"auto\"></p>\n<p>Historically, when a relatively high number of companies have mentioned inflation, profit margins have shrunk, Mr. Wilson said.</p>\n<p>Investors are left grappling with one big question: How much of that has already been priced into markets?</p>\n<p>“I’m a little concerned about 2022,” said Karyn Cavanaugh, chief investment officer of Carolinas Wealth Management. “When we don’t see the double-digit increases we’re used to for earnings, are the markets going to ask, ‘Hey, what have you done for me lately?’ ”</p>\n<p>Ms. Cavanaugh has been advising clients to focus on “wide moat stocks”—companies with a strong record of delivering profits regardless of whether growth is slowing or accelerating because they maintain a competitive advantage over their peers.</p>\n<p>Given so many potential issues remain unresolved, from debt negotiations and potential changes to the tax code in Washington to the pandemic, Ms. Cavanaugh said she expects the market’s path from here to be bumpy.</p>\n<p>“We could be in for a bit of a grind,” she said.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Market’s September Slump Exposes Messy Underside</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\">\nStock Market’s September Slump Exposes Messy Underside\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-30 23:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/stock-markets-september-slump-exposes-messy-underside-11632999601?mod=hp_lead_pos2><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Rally hit bump in September, the worst month for S&P 500 since 2020\n\nMarkets are closing out the quarter on a tumultuous note.\nStocks have pulled back from all-time highs. Shares of large, fast-...</p>\n\n<a href=\"https://www.wsj.com/articles/stock-markets-september-slump-exposes-messy-underside-11632999601?mod=hp_lead_pos2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.wsj.com/articles/stock-markets-september-slump-exposes-messy-underside-11632999601?mod=hp_lead_pos2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1177631732","content_text":"Rally hit bump in September, the worst month for S&P 500 since 2020\n\nMarkets are closing out the quarter on a tumultuous note.\nStocks have pulled back from all-time highs. Shares of large, fast-growing companies are heading toward their worst month since the pandemic-fueled selloff of March 2020, and Treasury yields have shot up to their highest level since June.\nIt is hardly the sanguine end to the quarter that investors had hoped for. Many money managers say they are heading into the final few months of the year feeling on edge.\nCentral bankers who had thought this year’s rise in inflation would wind up being a short-term phenomenon aren’t sure how long transitory pressures will persist. Strategists who had predicted another strong quarter of economic growth are cutting estimates because of supply-chain bottlenecks and the highly contagious Delta variant of Covid-19. Economic data have also been falling short of expectations.Citigroup’sEconomic Surprise Index, which tracks how much U.S. reports have been exceeding or undershooting estimates, fell this month to its lowest level since June 2020.\nAll told, the S&P 500 is still up 16% for the year and on course to notch a sixth straight quarter of gains. The index is just a few percentage points away from its record close hit in early September.\n\n“Sometimes the narrative is clean and easy,” said Keith Lerner, co-chief investment officer of Truist Advisory Services. But now, “I feel like you’re having to find opportunities in a market where not everything is moving together anymore.”\nWhile Mr. Lerner is still betting on stocks rising over the long term, his firm has trimmed its exposure to emerging markets and focused heavily on the U.S., where he expects the economy to be most resilient, even as the global recovery slows.\nOne of the most vexing issues for investors and analysts over the past few months has been how quickly the market has churned through winners and losers.\nSo far this year, companies have been able to post robust profits despite rising costs for raw materials and labor. The floor of the New York Stock Exchange on Tuesday.\nMarkets behaved relatively predictably in the first half of the year. Investors favored shares of economically sensitive companies such as banks, manufacturers and airlines and rebuffed relatively pricey technology stocks when it looked as though the rollout of Covid-19 vaccines would help supercharge the economy’s recovery.\nThis quarter, as the so-called reopening trade stalled, it became harder for investors to pick dominant trades. Technology stocks surged but then took the brunt of market selloffs in early September and this week—putting the S&P 500 Growth Index on track for its biggest monthly pullback since March 2020.\nThe bond market also caught many investors off guard. The yield on the 10-year U.S. Treasury note flitted about a narrow range for much of the quarter, only to stage a six-day rise above 1.50% between last week and Tuesday—its biggest such advance since June 2020, according to Dow Jones Market Data. The move came after the Federal Reserve indicated it was ready to begin reversing its pandemic stimulus programs as early as November and considering raising interest rates next year, given a jump in inflation.\n“Even though there’s all this discussion about the market being resilient, the churn under the surface has shown more weakness,” said Liz Ann Sonders, chief investment strategist of Charles Schwab.\nMs. Sonders attributed the swift rotations taking place in the market to a bevy of investor worries.\n“You have concerns about the virus, then you add on top of it concerns about the debt ceiling, some arguably more mixed economic data recently, [and] uncertainty about monetary policy,” she said. “I don’t know if we’ll get out of this mode anytime soon.”\nAnother issue weighing on investors’ minds: inflation.\nSo far this year, companies have been able to post robust profits despite rising costs for raw materials and labor. Earnings for S&P 500 companies have beaten analysts’ estimates by double-digit percentages since the second quarter of 2020, according to Morgan Stanley equity strategist Michael Wilson. That is compared with a median beat rate of 5% going back to 2008.\nYet with supply-chain disruptions and labor shortages persisting around the country, Mr. Wilson said it is hard to believe companies will be able to maintain that momentum.\nBetween June and September, 224 S&P 500 companies mentioned inflation on their second-quarter earnings calls, according to FactSet. That is the highest number since FactSet began tracking the data in 2010.\n\nHistorically, when a relatively high number of companies have mentioned inflation, profit margins have shrunk, Mr. Wilson said.\nInvestors are left grappling with one big question: How much of that has already been priced into markets?\n“I’m a little concerned about 2022,” said Karyn Cavanaugh, chief investment officer of Carolinas Wealth Management. “When we don’t see the double-digit increases we’re used to for earnings, are the markets going to ask, ‘Hey, what have you done for me lately?’ ”\nMs. Cavanaugh has been advising clients to focus on “wide moat stocks”—companies with a strong record of delivering profits regardless of whether growth is slowing or accelerating because they maintain a competitive advantage over their peers.\nGiven so many potential issues remain unresolved, from debt negotiations and potential changes to the tax code in Washington to the pandemic, Ms. Cavanaugh said she expects the market’s path from here to be bumpy.\n“We could be in for a bit of a grind,” she said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":361,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":821738678,"gmtCreate":1633787149626,"gmtModify":1633787149689,"author":{"id":"3586591200613554","authorId":"3586591200613554","name":"DPirate","avatar":"https://static.tigerbbs.com/515564d610f84cda35e2c825b157b54c","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586591200613554","authorIdStr":"3586591200613554"},"themes":[],"htmlText":"Well planned and well&nbsp;executed..","listText":"Well planned and well&nbsp;executed..","text":"Well planned and well executed..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/821738678","repostId":"2174226339","repostType":4,"isVote":1,"tweetType":1,"viewCount":476,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":836650044,"gmtCreate":1629479458688,"gmtModify":1633684532543,"author":{"id":"3586591200613554","authorId":"3586591200613554","name":"DPirate","avatar":"https://static.tigerbbs.com/515564d610f84cda35e2c825b157b54c","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586591200613554","authorIdStr":"3586591200613554"},"themes":[],"htmlText":"Good in longer term 👍","listText":"Good in longer term 👍","text":"Good in longer term 👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/836650044","repostId":"1129576857","repostType":4,"repost":{"id":"1129576857","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1629469072,"share":"https://www.laohu8.com/m/news/1129576857?lang=&edition=full","pubTime":"2021-08-20 22:17","market":"other","language":"en","title":"Both China and Europe Issued Data Security-Related Law, Why Does the US NOT Have Such A Bill?","url":"https://stock-news.laohu8.com/highlight/detail?id=1129576857","media":"Tiger Newspress","summary":"China's National People's Congress on Friday passed a law designed to protect online user data priva","content":"<p>China's National People's Congress on Friday passed a law designed to protect online user data privacy and will implement the policy from Nov. 1, which is the second law in the world against data privacy. The world's first and currently the most influential related law is the General Data Protection Regulation (\"GDPR\" for short) implemented by the European Union in May 2018. Let's primarily focus on the similarities and differences between the two laws of China and Europe.</p>\n<p>In terms of background, both China and European laws are formulated to deal with the collection and use of personal data by technology companies. In terms of content, both two laws include two aspects: (1) the requirements for the use of data within the country; (2) the requirements for the data to be exported abroad. From the view of specific regulations, China's sensitive personal information has a broader scope than GDPR. Why? Because the technology has been developing, and data that was not covered by the EU's law three years ago may now become a method for technology companies to profit. From the perspective of fines, the two laws are very similar, and both adopt the percentage of annual income as a reference. Specifically, the law issued by China decides a fine of 5% annual income, while that of EU law is 4% annual income.</p>\n<p>Compared to China and Europe, the United States is the country that suffers the most from data abuse by technology companies. From a domestic perspective, the 2016 U.S. election was impacted by the abuse of user data by Facebook and Cambridge Analytica, which directly affected the result of the U.S. election. From an international perspective, American companies are often harassed by international hackers. Therefore, the United States should have promoted data privacy protection. However, the reality we see is not the case.</p>\n<p>1. The main motive for Europe to promote the \"GDPR\" is to fight against American technology companies. Unlike China, most of the Internet technology products used by the people in Europe are provided by Americans, such as <a href=\"https://laohu8.com/S/GOOG\">Alphabet</a>&nbsp;and <a href=\"https://laohu8.com/S/AAPL\">Apple</a>. In recent years, the European Union government has been very unwelcome to American technology companies. Hence, the direct motive for the introduction of the \"GDPR\" is to confront American technology companies. American politicians also realized that the global Internet has been monopolized by American companies, and there is no need for the country to regulate these companies when Europeans are trying every means to cope with them.</p>\n<p>2. U.S. technology companies make great contributions to U.S. politics, serving as the benefactors of U.S. politicians. Facebook and Amazon spend nearly $20 million each year to influence politicians, making the first and second place in the rankings (pictured below). Looking at the cost, it is easy for us to understand why Facebook can affect the US election&nbsp;result.</p>\n<p><img src=\"https://static.tigerbbs.com/1fd66413cd6015a7a23f4aaab6f39214\" tg-width=\"554\" tg-height=\"254\" referrerpolicy=\"no-referrer\"></p>\n<p>Internally, the US Congress turns a blind eye. Externally, US technology companies are a weapon for US expansion. As a result, the country will not issue such a bill to restrict its technology companies.</p>\n<p>Although there is an invisible, tacit \"agreement\" between the U.S. government and technology companies, the two sides will not collaborate closely. Or else, it will trigger a strong backlash from the public. A recent case that has caused frantic discussion on data privacy in America is Apple's revision of privacy on the iPhone. The company plans to scan iPhone photos to identify and report collected child sexual abuse images. The move was welcomed by the children's protection organizations, but it was criticized by more people, thinking that Apple's action would help the government to snoop on personal privacy. Otherwise, Apple once fought hard against the FBI's requirements and has repeatedly refused to unlock the terrorist's iPhone. So, technology companies in the United States must keep a distance from the US government, and the government will not reach out to those companies.</p>\n<p>Proper respect and concern may be the secret for the government and technology companies to coexist.</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>Both China and Europe Issued Data Security-Related Law, Why Does the US NOT Have Such A Bill?</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\">\nBoth China and Europe Issued Data Security-Related Law, Why Does the US NOT Have Such A Bill?\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\">2021-08-20 22:17</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>China's National People's Congress on Friday passed a law designed to protect online user data privacy and will implement the policy from Nov. 1, which is the second law in the world against data privacy. The world's first and currently the most influential related law is the General Data Protection Regulation (\"GDPR\" for short) implemented by the European Union in May 2018. Let's primarily focus on the similarities and differences between the two laws of China and Europe.</p>\n<p>In terms of background, both China and European laws are formulated to deal with the collection and use of personal data by technology companies. In terms of content, both two laws include two aspects: (1) the requirements for the use of data within the country; (2) the requirements for the data to be exported abroad. From the view of specific regulations, China's sensitive personal information has a broader scope than GDPR. Why? Because the technology has been developing, and data that was not covered by the EU's law three years ago may now become a method for technology companies to profit. From the perspective of fines, the two laws are very similar, and both adopt the percentage of annual income as a reference. Specifically, the law issued by China decides a fine of 5% annual income, while that of EU law is 4% annual income.</p>\n<p>Compared to China and Europe, the United States is the country that suffers the most from data abuse by technology companies. From a domestic perspective, the 2016 U.S. election was impacted by the abuse of user data by Facebook and Cambridge Analytica, which directly affected the result of the U.S. election. From an international perspective, American companies are often harassed by international hackers. Therefore, the United States should have promoted data privacy protection. However, the reality we see is not the case.</p>\n<p>1. The main motive for Europe to promote the \"GDPR\" is to fight against American technology companies. Unlike China, most of the Internet technology products used by the people in Europe are provided by Americans, such as <a href=\"https://laohu8.com/S/GOOG\">Alphabet</a>&nbsp;and <a href=\"https://laohu8.com/S/AAPL\">Apple</a>. In recent years, the European Union government has been very unwelcome to American technology companies. Hence, the direct motive for the introduction of the \"GDPR\" is to confront American technology companies. American politicians also realized that the global Internet has been monopolized by American companies, and there is no need for the country to regulate these companies when Europeans are trying every means to cope with them.</p>\n<p>2. U.S. technology companies make great contributions to U.S. politics, serving as the benefactors of U.S. politicians. Facebook and Amazon spend nearly $20 million each year to influence politicians, making the first and second place in the rankings (pictured below). Looking at the cost, it is easy for us to understand why Facebook can affect the US election&nbsp;result.</p>\n<p><img src=\"https://static.tigerbbs.com/1fd66413cd6015a7a23f4aaab6f39214\" tg-width=\"554\" tg-height=\"254\" referrerpolicy=\"no-referrer\"></p>\n<p>Internally, the US Congress turns a blind eye. Externally, US technology companies are a weapon for US expansion. As a result, the country will not issue such a bill to restrict its technology companies.</p>\n<p>Although there is an invisible, tacit \"agreement\" between the U.S. government and technology companies, the two sides will not collaborate closely. Or else, it will trigger a strong backlash from the public. A recent case that has caused frantic discussion on data privacy in America is Apple's revision of privacy on the iPhone. The company plans to scan iPhone photos to identify and report collected child sexual abuse images. The move was welcomed by the children's protection organizations, but it was criticized by more people, thinking that Apple's action would help the government to snoop on personal privacy. Otherwise, Apple once fought hard against the FBI's requirements and has repeatedly refused to unlock the terrorist's iPhone. So, technology companies in the United States must keep a distance from the US government, and the government will not reach out to those companies.</p>\n<p>Proper respect and concern may be the secret for the government and technology companies to coexist.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOG":"谷歌","AAPL":"苹果"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1129576857","content_text":"China's National People's Congress on Friday passed a law designed to protect online user data privacy and will implement the policy from Nov. 1, which is the second law in the world against data privacy. The world's first and currently the most influential related law is the General Data Protection Regulation (\"GDPR\" for short) implemented by the European Union in May 2018. Let's primarily focus on the similarities and differences between the two laws of China and Europe.\nIn terms of background, both China and European laws are formulated to deal with the collection and use of personal data by technology companies. In terms of content, both two laws include two aspects: (1) the requirements for the use of data within the country; (2) the requirements for the data to be exported abroad. From the view of specific regulations, China's sensitive personal information has a broader scope than GDPR. Why? Because the technology has been developing, and data that was not covered by the EU's law three years ago may now become a method for technology companies to profit. From the perspective of fines, the two laws are very similar, and both adopt the percentage of annual income as a reference. Specifically, the law issued by China decides a fine of 5% annual income, while that of EU law is 4% annual income.\nCompared to China and Europe, the United States is the country that suffers the most from data abuse by technology companies. From a domestic perspective, the 2016 U.S. election was impacted by the abuse of user data by Facebook and Cambridge Analytica, which directly affected the result of the U.S. election. From an international perspective, American companies are often harassed by international hackers. Therefore, the United States should have promoted data privacy protection. However, the reality we see is not the case.\n1. The main motive for Europe to promote the \"GDPR\" is to fight against American technology companies. Unlike China, most of the Internet technology products used by the people in Europe are provided by Americans, such as Alphabet and Apple. In recent years, the European Union government has been very unwelcome to American technology companies. Hence, the direct motive for the introduction of the \"GDPR\" is to confront American technology companies. American politicians also realized that the global Internet has been monopolized by American companies, and there is no need for the country to regulate these companies when Europeans are trying every means to cope with them.\n2. U.S. technology companies make great contributions to U.S. politics, serving as the benefactors of U.S. politicians. Facebook and Amazon spend nearly $20 million each year to influence politicians, making the first and second place in the rankings (pictured below). Looking at the cost, it is easy for us to understand why Facebook can affect the US election result.\n\nInternally, the US Congress turns a blind eye. Externally, US technology companies are a weapon for US expansion. As a result, the country will not issue such a bill to restrict its technology companies.\nAlthough there is an invisible, tacit \"agreement\" between the U.S. government and technology companies, the two sides will not collaborate closely. Or else, it will trigger a strong backlash from the public. A recent case that has caused frantic discussion on data privacy in America is Apple's revision of privacy on the iPhone. The company plans to scan iPhone photos to identify and report collected child sexual abuse images. The move was welcomed by the children's protection organizations, but it was criticized by more people, thinking that Apple's action would help the government to snoop on personal privacy. Otherwise, Apple once fought hard against the FBI's requirements and has repeatedly refused to unlock the terrorist's iPhone. So, technology companies in the United States must keep a distance from the US government, and the government will not reach out to those companies.\nProper respect and concern may be the secret for the government and technology companies to coexist.","news_type":1},"isVote":1,"tweetType":1,"viewCount":75,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":839553467,"gmtCreate":1629168215259,"gmtModify":1633686859448,"author":{"id":"3586591200613554","authorId":"3586591200613554","name":"DPirate","avatar":"https://static.tigerbbs.com/515564d610f84cda35e2c825b157b54c","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586591200613554","authorIdStr":"3586591200613554"},"themes":[],"htmlText":"Waiting for September 👍","listText":"Waiting for September 👍","text":"Waiting for September 👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/839553467","repostId":"1107420537","repostType":4,"isVote":1,"tweetType":1,"viewCount":206,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":837242133,"gmtCreate":1629897123422,"gmtModify":1633681656709,"author":{"id":"3586591200613554","authorId":"3586591200613554","name":"DPirate","avatar":"https://static.tigerbbs.com/515564d610f84cda35e2c825b157b54c","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586591200613554","authorIdStr":"3586591200613554"},"themes":[],"htmlText":"Yes","listText":"Yes","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/837242133","repostId":"2162556090","repostType":4,"repost":{"id":"2162556090","kind":"highlight","pubTimestamp":1629896224,"share":"https://www.laohu8.com/m/news/2162556090?lang=&edition=full","pubTime":"2021-08-25 20:57","market":"us","language":"en","title":"Is It Too Late to Buy Nvidia Stock?","url":"https://stock-news.laohu8.com/highlight/detail?id=2162556090","media":"Motley Fool","summary":"The company keeps reporting one great quarter after another, with more lucrative opportunities emerging on the horizon.","content":"<p><b>Nvidia</b> (NASDAQ:NVDA) delivered another blowout earnings report last week, with revenue and earnings per share up 68% and 276%, respectively. The stock surged to a new high and has returned 70% over the last year.</p>\n<p>Analysts expect Nvidia to grow earnings per share at a compound annual rate of 30% over the next five years. If Nvidia delivers on those expectations, the stock could still deliver big gains from these levels. Here are three reasons why it's not too late to buy Nvidia stock.</p>\n<p class=\"t-img-caption\"><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F640412%2Fgeforce-rtx-30-series.png&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"393\" width=\"100%\" height=\"auto\"><span>The GeForce RTX 30 series of gaming cards. Image source: Nvidia.</span></p>\n<h2>1. Improving gross margin</h2>\n<p>In the fiscal second quarter, non-GAAP gross margin improved by 70 basis points year over year to reach 66.7%.&nbsp;Management credited higher average selling prices for desktop GeForce gaming graphics processing units (GPUs).&nbsp;This trend is partly responsible for fueling Nvidia's gross margin over the last five years.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c5c78c5ba194c8b3410b18c02a4227e9\" tg-width=\"720\" tg-height=\"387\" width=\"100%\" height=\"auto\"><span>NVDA Gross Profit Margin data by YCharts</span></p>\n<p>An expanding margin indicates that Nvidia's competitive moat is widening. Nvidia commands the top market share spot in discrete add-in board GPUs. The latest report from Jon Peddie Research shows Nvidia's add-in board market share holding at 80% in first-quarter 2021, slightly down from 83% in the previous quarter, but up from 69% in Q1 2020.&nbsp;This is despite the efforts of competitor <b>Advanced Micro Devices</b> and its CEO, Lisa Su, to be more competitive in the market.</p>\n<p>Nvidia is also a leading supplier of graphics chips for self-driving cars and data centers. It has racked up more than $8 billion of design wins in automotive now that some of the world's leading car manufacturers are using the Nvidia Drive platform to work on autonomous technology.</p>\n<p>Moreover, data center continues to look like a massive market for the company, with segment revenue up 35% year over year in the last quarter, which is on top of triple-digit growth in the year-ago quarter.</p>\n<p>The growth in the data center segment has been the primary driver of Nvidia's gross margin improvement in recent years,&nbsp;but with data center alone representing a potential $100 billion market opportunity,&nbsp;Nvidia's margin expansion story is not over. Trailing 12-month data-center revenue totaled just $8.2 billion. The long-term upside here bodes well for future earnings growth, which could justify a higher stock price.</p>\n<h2>2. Software opportunity</h2>\n<p>Nvidia has increased its capital spending more than eightfold to $1.2 billion over the last five years.&nbsp;One of the results of that increase in investment is the recent unveiling of new software-as-a-service platforms, such as Nvidia AI Enterprise and Nvidia Omniverse.</p>\n<p>The AI Enterprise platform will be offered either through a perpetual or annual license fee.&nbsp;It combines state-of-the-art software tools to help IT professionals bring AI solutions to market in a much shorter timeframe.&nbsp;It's currently in early access and will be available soon.</p>\n<p>Nvidia Omniverse will be available later this year on a subscription basis. It's a simulation and collaboration platform for graphics artists who work on 3D content, such as the virtual shared worlds that have driven increasing user engagement at <b>Roblox</b>.&nbsp;Omniverse essentially opens the door for Nvidia to ride the growing popularity of the metaverse that Roblox has helped bring into the mainstream.</p>\n<p>How big is Nvidia's software opportunity? On the recent earnings call, CEO Jensen Huang said it \"could represent billions of dollars of business opportunity for us.\"&nbsp;Most importantly, as software revenue increases, it should improve margins and bring a recurring revenue stream that can offset fluctuations in demand for hardware chips.</p>\n<p>Investors tend to reward companies with long growth runways and recurring revenue streams with higher valuations, so these opportunities could justify Nvidia's expensive-looking price-to-earnings ratio of 52 based on this year's earnings projections.</p>\n<h2>3. Fastest gaming upgrade cycle in Nvidia's history</h2>\n<p>Despite ongoing supply shortages, gaming revenue jumped 85% year over year in the last quarter.&nbsp;Over 80% of Ampere-based GeForce gaming GPU shipments were from low hash rate chips. The latter were released earlier this year to discourage cryptocurrency miners from buying chips intended for PC gamers.&nbsp;Overall, the numbers show that Nvidia is experiencing very high demand from PC gamers.</p>\n<p>A sharp fall in cryptocurrency prices in late 2018 caused a collapse in gaming revenue,&nbsp;but Nvidia is currently experiencing its fastest ramp in history with the new Ampere gaming graphics cards, and it's just getting started in this upgrade cycle. Management estimates that 80% of the GeForce user base has yet to upgrade to a RTX GPU.</p>\n<p>What's more, it's estimated that the number of PC gamers grew by 20% over the last year. So, Nvidia not only has millions of GeForce users who have yet to upgrade, but there are new players in the market that could point to more growth in the gaming segment, which is still Nvidia's largest revenue source.</p>\n<h2>Nvidia is still a good investment</h2>\n<p>Management is calling for revenue to increase by approximately 44% year over year in the next quarter.&nbsp;Nvidia is serving large markets that could keep the business growing for a long time. New opportunities in robotics, automated factories, and other advanced applications of its products are more great reasons to consider buying shares. So to put it simply, no, it is definitely not too late to buy Nvidia stock.</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>Is It Too Late to Buy Nvidia Stock?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs It Too Late to Buy Nvidia Stock?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-25 20:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/08/25/is-it-too-late-to-buy-nvidia-stock/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nvidia (NASDAQ:NVDA) delivered another blowout earnings report last week, with revenue and earnings per share up 68% and 276%, respectively. The stock surged to a new high and has returned 70% over ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/08/25/is-it-too-late-to-buy-nvidia-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"https://www.fool.com/investing/2021/08/25/is-it-too-late-to-buy-nvidia-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2162556090","content_text":"Nvidia (NASDAQ:NVDA) delivered another blowout earnings report last week, with revenue and earnings per share up 68% and 276%, respectively. The stock surged to a new high and has returned 70% over the last year.\nAnalysts expect Nvidia to grow earnings per share at a compound annual rate of 30% over the next five years. If Nvidia delivers on those expectations, the stock could still deliver big gains from these levels. Here are three reasons why it's not too late to buy Nvidia stock.\nThe GeForce RTX 30 series of gaming cards. Image source: Nvidia.\n1. Improving gross margin\nIn the fiscal second quarter, non-GAAP gross margin improved by 70 basis points year over year to reach 66.7%. Management credited higher average selling prices for desktop GeForce gaming graphics processing units (GPUs). This trend is partly responsible for fueling Nvidia's gross margin over the last five years.\nNVDA Gross Profit Margin data by YCharts\nAn expanding margin indicates that Nvidia's competitive moat is widening. Nvidia commands the top market share spot in discrete add-in board GPUs. The latest report from Jon Peddie Research shows Nvidia's add-in board market share holding at 80% in first-quarter 2021, slightly down from 83% in the previous quarter, but up from 69% in Q1 2020. This is despite the efforts of competitor Advanced Micro Devices and its CEO, Lisa Su, to be more competitive in the market.\nNvidia is also a leading supplier of graphics chips for self-driving cars and data centers. It has racked up more than $8 billion of design wins in automotive now that some of the world's leading car manufacturers are using the Nvidia Drive platform to work on autonomous technology.\nMoreover, data center continues to look like a massive market for the company, with segment revenue up 35% year over year in the last quarter, which is on top of triple-digit growth in the year-ago quarter.\nThe growth in the data center segment has been the primary driver of Nvidia's gross margin improvement in recent years, but with data center alone representing a potential $100 billion market opportunity, Nvidia's margin expansion story is not over. Trailing 12-month data-center revenue totaled just $8.2 billion. The long-term upside here bodes well for future earnings growth, which could justify a higher stock price.\n2. Software opportunity\nNvidia has increased its capital spending more than eightfold to $1.2 billion over the last five years. One of the results of that increase in investment is the recent unveiling of new software-as-a-service platforms, such as Nvidia AI Enterprise and Nvidia Omniverse.\nThe AI Enterprise platform will be offered either through a perpetual or annual license fee. It combines state-of-the-art software tools to help IT professionals bring AI solutions to market in a much shorter timeframe. It's currently in early access and will be available soon.\nNvidia Omniverse will be available later this year on a subscription basis. It's a simulation and collaboration platform for graphics artists who work on 3D content, such as the virtual shared worlds that have driven increasing user engagement at Roblox. Omniverse essentially opens the door for Nvidia to ride the growing popularity of the metaverse that Roblox has helped bring into the mainstream.\nHow big is Nvidia's software opportunity? On the recent earnings call, CEO Jensen Huang said it \"could represent billions of dollars of business opportunity for us.\" Most importantly, as software revenue increases, it should improve margins and bring a recurring revenue stream that can offset fluctuations in demand for hardware chips.\nInvestors tend to reward companies with long growth runways and recurring revenue streams with higher valuations, so these opportunities could justify Nvidia's expensive-looking price-to-earnings ratio of 52 based on this year's earnings projections.\n3. Fastest gaming upgrade cycle in Nvidia's history\nDespite ongoing supply shortages, gaming revenue jumped 85% year over year in the last quarter. Over 80% of Ampere-based GeForce gaming GPU shipments were from low hash rate chips. The latter were released earlier this year to discourage cryptocurrency miners from buying chips intended for PC gamers. Overall, the numbers show that Nvidia is experiencing very high demand from PC gamers.\nA sharp fall in cryptocurrency prices in late 2018 caused a collapse in gaming revenue, but Nvidia is currently experiencing its fastest ramp in history with the new Ampere gaming graphics cards, and it's just getting started in this upgrade cycle. Management estimates that 80% of the GeForce user base has yet to upgrade to a RTX GPU.\nWhat's more, it's estimated that the number of PC gamers grew by 20% over the last year. So, Nvidia not only has millions of GeForce users who have yet to upgrade, but there are new players in the market that could point to more growth in the gaming segment, which is still Nvidia's largest revenue source.\nNvidia is still a good investment\nManagement is calling for revenue to increase by approximately 44% year over year in the next quarter. Nvidia is serving large markets that could keep the business growing for a long time. New opportunities in robotics, automated factories, and other advanced applications of its products are more great reasons to consider buying shares. So to put it simply, no, it is definitely not too late to buy Nvidia stock.","news_type":1},"isVote":1,"tweetType":1,"viewCount":259,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":895669681,"gmtCreate":1628739800243,"gmtModify":1633689853009,"author":{"id":"3586591200613554","authorId":"3586591200613554","name":"DPirate","avatar":"https://static.tigerbbs.com/515564d610f84cda35e2c825b157b54c","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586591200613554","authorIdStr":"3586591200613554"},"themes":[],"htmlText":"[Cool]&nbsp;","listText":"[Cool]&nbsp;","text":"[Cool]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/895669681","repostId":"1123731867","repostType":4,"isVote":1,"tweetType":1,"viewCount":53,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":802210432,"gmtCreate":1627782014526,"gmtModify":1633756481527,"author":{"id":"3586591200613554","authorId":"3586591200613554","name":"DPirate","avatar":"https://static.tigerbbs.com/515564d610f84cda35e2c825b157b54c","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586591200613554","authorIdStr":"3586591200613554"},"themes":[],"htmlText":"[OK]&nbsp;","listText":"[OK]&nbsp;","text":"[OK]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/802210432","repostId":"1141267906","repostType":4,"repost":{"id":"1141267906","kind":"news","pubTimestamp":1627780653,"share":"https://www.laohu8.com/m/news/1141267906?lang=&edition=full","pubTime":"2021-08-01 09:17","market":"us","language":"en","title":"Cathie Wood Is Just a Start as Stock Pickers Storm the ETF World","url":"https://stock-news.laohu8.com/highlight/detail?id=1141267906","media":"Bloomberg","summary":"(Bloomberg) -- Record inflows. Record fund launches. Record assets. If active money management is in","content":"<p><img src=\"https://static.tigerbbs.com/a4418a4a4b2639ef5a68e4da556a6c1b\" tg-width=\"958\" tg-height=\"562\" width=\"100%\" height=\"auto\"></p>\n<p>(Bloomberg) -- Record inflows. Record fund launches. Record assets. If active money management is in decline, someone forgot to tell the ETF industry.</p>\n<p>Amped up by a meme-crazed market and emboldened by the success of Cathie Wood’s Ark Investment Management, stock pickers are storming the $6.6 trillion U.S. exchange-traded fund universe like never before -- adding a new twist in the 50-year invasion from passive investing.</p>\n<p>Passive funds still dominate the industry, but actively managed products have cut into that lead, scooping up three-times their share of the unprecedented $500 billion plowed into ETFs in 2021, according to data compiled by Bloomberg. New active funds are arriving at double the rate of passive rivals, and the cohort has boosted its market share by a third in a year.</p>\n<p>“Historically, people have thought about ETFs as being indexed-based,” said Todd Rosenbluth, head of ETF and mutual fund research at CFRA Research. “Then Ark became a household name, and then investors came to realize that not only were those products worth looking at, but so were others.”</p>\n<p>None of this is supposed to happen in an industry built on the magic of indexing. Yet a market roller coaster brought on by the pandemic is helping discretionary asset managers turn ETFs to their own advantage.</p>\n<p>Equity conditions in general have become conducive to an active approach, leadership shifting in a stop-start economy, an unpredictable macro backdrop, and increased market breadth.</p>\n<p>Read more: Active Funds Crushed Equity Benchmarks in May Like Never Before</p>\n<p>At the same time, investors are showing an unusual willingness to make concentrated bets, from riding the meme-stock madness to following the kind of thematic vision laid out by Wood.</p>\n<p>They’ve poured $62 billion into active ETFs year-to-date. That’s 12% of total flows going to a slice of the market with only 4% of assets. In the rush to tap the burgeoning demand, issuers have now launched 156 actively managed products in 2021, compared with 77 passive funds.</p>\n<p>“At the end of day, the ETF is just a wrapper, it’s just a way to package and distribute an investment strategy,” said Ben Johnson, director of global ETF research at Morningstar. “More investors are getting hip to the fact that the notion of an actively-managed ETF is not an oxymoron.”</p>\n<p>Fifty-Year Battle</p>\n<p>The active surge is the latest development in a money-management battle that’s been raging since July 1971, when a team at Wells Fargo &amp; Co. created the original index fund.</p>\n<p>Today, the passive juggernaut is slashing industry costs, opening up investing to the masses and forcing discretionary traders to adapt or die. Active launches may be booming, but the bulk of cash flooding U.S. stocks is still destined for big, cheap funds that do nothing but track the market.</p>\n<p>Read more: Wall Street Surrenders to the $500 Billion ETF Rush</p>\n<p>“Active ETFs are doing better than they have in past, but passive is still king,” said James Seyffart, an ETF analyst for Bloomberg Intelligence. “A lot of that active flow in the big months from late 2020 to early 2021 is to Cathie’s funds.”</p>\n<p>Wood has become the poster child for active management in ETFs. The flagship fund at Ark was one of the best-performing in America last year with a 149% return.</p>\n<p>Inspired by this and her enticing thematic approach -- which focuses on trends like robotics or space travel rather than market segments -- investors have sunk $14.5 billion into Ark funds in 2021.</p>\n<p>Passive Attack</p>\n<p>The mini boom for active ETFs comes not a moment too soon for the stock-picking industry.</p>\n<p>Passive funds -- mutual and exchange-traded -- now manage $11 trillion and are on course to hold 50% of all registered U.S. fund assets within five years, according to BI calculations.</p>\n<p>Critics say the rapidly swelling index industry is blowing bubbles in stock markets, weakening corporate governance and more. And in some ways, it can also hit returns.</p>\n<p>Take Tesla Inc.’s entry into the S&amp;P 500 in December. While discretionary managers could buy Elon Musk’s firm in advance, index funds ended up adding it at an inflated valuation -- and were forced to offload billions of dollars in other stocks to make space in portfolios.</p>\n<p>“Index funds systematically buy high and sell low,” wrote Rob Arnott of Research Affiliates and his colleagues in a June paper. They argued investors would have been better off holding the company pushed out of the index to make way for Tesla.</p>\n<p>The main advantage stock pickers enjoy over their passive peers is more flexibility in deploying their cash. That’s something they’ve been able to bring to ETFs for years -- Wood’s first fund launched in 2014 -- but it was a rule change in 2019 that paved the way for the current jump in activity.</p>\n<p>It made launching ETFs easier, and enabled new structures that could hide the strategy underpinning a fund. That helped lure multiple major Wall Street players to the industry after years of holding out, including the likes of Wells Fargo and T. Rowe Price.</p>\n<p>Talk of discretionary management’s decline is still rampant, but the woes aren’t as bad as they may seem. Even as U.S. active funds -- mutual and ETF -- saw $209 billion exit last year, they closed 2020 with about $13.3 trillion under management. That was a 13% gain from 2019.</p>\n<p>The increase was largely thanks to rising markets, but if the current trend continues, before long it could just as easily be down to ETF growth.</p>\n<p>“We’re going to see the percentage of assets in actively-managed ETFs continue to climb higher,” said Rosenbluth at CFRA. “They’re going to continue to have the opportunity to punch above their weight.”</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cathie Wood Is Just a Start as Stock Pickers Storm the ETF World</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\">\nCathie Wood Is Just a Start as Stock Pickers Storm the ETF World\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-01 09:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/cathie-wood-just-start-stock-120000320.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Record inflows. Record fund launches. Record assets. If active money management is in decline, someone forgot to tell the ETF industry.\nAmped up by a meme-crazed market and emboldened ...</p>\n\n<a href=\"https://finance.yahoo.com/news/cathie-wood-just-start-stock-120000320.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/cathie-wood-just-start-stock-120000320.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1141267906","content_text":"(Bloomberg) -- Record inflows. Record fund launches. Record assets. If active money management is in decline, someone forgot to tell the ETF industry.\nAmped up by a meme-crazed market and emboldened by the success of Cathie Wood’s Ark Investment Management, stock pickers are storming the $6.6 trillion U.S. exchange-traded fund universe like never before -- adding a new twist in the 50-year invasion from passive investing.\nPassive funds still dominate the industry, but actively managed products have cut into that lead, scooping up three-times their share of the unprecedented $500 billion plowed into ETFs in 2021, according to data compiled by Bloomberg. New active funds are arriving at double the rate of passive rivals, and the cohort has boosted its market share by a third in a year.\n“Historically, people have thought about ETFs as being indexed-based,” said Todd Rosenbluth, head of ETF and mutual fund research at CFRA Research. “Then Ark became a household name, and then investors came to realize that not only were those products worth looking at, but so were others.”\nNone of this is supposed to happen in an industry built on the magic of indexing. Yet a market roller coaster brought on by the pandemic is helping discretionary asset managers turn ETFs to their own advantage.\nEquity conditions in general have become conducive to an active approach, leadership shifting in a stop-start economy, an unpredictable macro backdrop, and increased market breadth.\nRead more: Active Funds Crushed Equity Benchmarks in May Like Never Before\nAt the same time, investors are showing an unusual willingness to make concentrated bets, from riding the meme-stock madness to following the kind of thematic vision laid out by Wood.\nThey’ve poured $62 billion into active ETFs year-to-date. That’s 12% of total flows going to a slice of the market with only 4% of assets. In the rush to tap the burgeoning demand, issuers have now launched 156 actively managed products in 2021, compared with 77 passive funds.\n“At the end of day, the ETF is just a wrapper, it’s just a way to package and distribute an investment strategy,” said Ben Johnson, director of global ETF research at Morningstar. “More investors are getting hip to the fact that the notion of an actively-managed ETF is not an oxymoron.”\nFifty-Year Battle\nThe active surge is the latest development in a money-management battle that’s been raging since July 1971, when a team at Wells Fargo & Co. created the original index fund.\nToday, the passive juggernaut is slashing industry costs, opening up investing to the masses and forcing discretionary traders to adapt or die. Active launches may be booming, but the bulk of cash flooding U.S. stocks is still destined for big, cheap funds that do nothing but track the market.\nRead more: Wall Street Surrenders to the $500 Billion ETF Rush\n“Active ETFs are doing better than they have in past, but passive is still king,” said James Seyffart, an ETF analyst for Bloomberg Intelligence. “A lot of that active flow in the big months from late 2020 to early 2021 is to Cathie’s funds.”\nWood has become the poster child for active management in ETFs. The flagship fund at Ark was one of the best-performing in America last year with a 149% return.\nInspired by this and her enticing thematic approach -- which focuses on trends like robotics or space travel rather than market segments -- investors have sunk $14.5 billion into Ark funds in 2021.\nPassive Attack\nThe mini boom for active ETFs comes not a moment too soon for the stock-picking industry.\nPassive funds -- mutual and exchange-traded -- now manage $11 trillion and are on course to hold 50% of all registered U.S. fund assets within five years, according to BI calculations.\nCritics say the rapidly swelling index industry is blowing bubbles in stock markets, weakening corporate governance and more. And in some ways, it can also hit returns.\nTake Tesla Inc.’s entry into the S&P 500 in December. While discretionary managers could buy Elon Musk’s firm in advance, index funds ended up adding it at an inflated valuation -- and were forced to offload billions of dollars in other stocks to make space in portfolios.\n“Index funds systematically buy high and sell low,” wrote Rob Arnott of Research Affiliates and his colleagues in a June paper. They argued investors would have been better off holding the company pushed out of the index to make way for Tesla.\nThe main advantage stock pickers enjoy over their passive peers is more flexibility in deploying their cash. That’s something they’ve been able to bring to ETFs for years -- Wood’s first fund launched in 2014 -- but it was a rule change in 2019 that paved the way for the current jump in activity.\nIt made launching ETFs easier, and enabled new structures that could hide the strategy underpinning a fund. That helped lure multiple major Wall Street players to the industry after years of holding out, including the likes of Wells Fargo and T. Rowe Price.\nTalk of discretionary management’s decline is still rampant, but the woes aren’t as bad as they may seem. Even as U.S. active funds -- mutual and ETF -- saw $209 billion exit last year, they closed 2020 with about $13.3 trillion under management. That was a 13% gain from 2019.\nThe increase was largely thanks to rising markets, but if the current trend continues, before long it could just as easily be down to ETF growth.\n“We’re going to see the percentage of assets in actively-managed ETFs continue to climb higher,” said Rosenbluth at CFRA. “They’re going to continue to have the opportunity to punch above their weight.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":92,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":836457368,"gmtCreate":1629517703954,"gmtModify":1633684289470,"author":{"id":"3586591200613554","authorId":"3586591200613554","name":"DPirate","avatar":"https://static.tigerbbs.com/515564d610f84cda35e2c825b157b54c","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586591200613554","authorIdStr":"3586591200613554"},"themes":[],"htmlText":"Future… 👍","listText":"Future… 👍","text":"Future… 👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/836457368","repostId":"2161149745","repostType":4,"repost":{"id":"2161149745","kind":"news","pubTimestamp":1629498960,"share":"https://www.laohu8.com/m/news/2161149745?lang=&edition=full","pubTime":"2021-08-21 06:36","market":"us","language":"en","title":"Bitcoin rises 5 percent to $49,106","url":"https://stock-news.laohu8.com/highlight/detail?id=2161149745","media":"StreetInsider","summary":"(Reuters) - Bitcoin rose 5.01 % to $49,106.4 at 22:04 GMT on Friday, adding $2,342.1 to its previous","content":"<p><img src=\"https://static.tigerbbs.com/e0b53399a7d28656bb2d3f7824cf0bea\" tg-width=\"200\" tg-height=\"135\" referrerpolicy=\"no-referrer\"></p>\n<p>(Reuters) - Bitcoin rose 5.01 % to $49,106.4 at 22:04 GMT on Friday, adding $2,342.1 to its previous close.</p>\n<p>Bitcoin, the world's biggest and best-known cryptocurrency, is up 77.4% from the year's low of $27,734 on Jan. 4.</p>\n<p>Ether, the coin linked to the ethereum blockchain network, rose 3.03% to $3,281.82 on Friday, adding $96.64 to its previous close.</p>\n<p>(Reporting by Radhika Anilkumar in Bengaluru; Editing by Sonya Hepinstall)</p>","source":"highlight_streetinsider","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>Bitcoin rises 5 percent to $49,106</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\">\nBitcoin rises 5 percent to $49,106\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-21 06:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=18847810><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - Bitcoin rose 5.01 % to $49,106.4 at 22:04 GMT on Friday, adding $2,342.1 to its previous close.\nBitcoin, the world's biggest and best-known cryptocurrency, is up 77.4% from the year's low ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18847810\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc.","GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18847810","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2161149745","content_text":"(Reuters) - Bitcoin rose 5.01 % to $49,106.4 at 22:04 GMT on Friday, adding $2,342.1 to its previous close.\nBitcoin, the world's biggest and best-known cryptocurrency, is up 77.4% from the year's low of $27,734 on Jan. 4.\nEther, the coin linked to the ethereum blockchain network, rose 3.03% to $3,281.82 on Friday, adding $96.64 to its previous close.\n(Reporting by Radhika Anilkumar in Bengaluru; Editing by Sonya Hepinstall)","news_type":1},"isVote":1,"tweetType":1,"viewCount":285,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":838759722,"gmtCreate":1629431626466,"gmtModify":1633684866959,"author":{"id":"3586591200613554","authorId":"3586591200613554","name":"DPirate","avatar":"https://static.tigerbbs.com/515564d610f84cda35e2c825b157b54c","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586591200613554","authorIdStr":"3586591200613554"},"themes":[],"htmlText":"Way to go 👍","listText":"Way to go 👍","text":"Way to go 👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/838759722","repostId":"1137437185","repostType":4,"isVote":1,"tweetType":1,"viewCount":88,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":839553382,"gmtCreate":1629168193146,"gmtModify":1633686859795,"author":{"id":"3586591200613554","authorId":"3586591200613554","name":"DPirate","avatar":"https://static.tigerbbs.com/515564d610f84cda35e2c825b157b54c","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586591200613554","authorIdStr":"3586591200613554"},"themes":[],"htmlText":"Waiting for September 👍","listText":"Waiting for September 👍","text":"Waiting for September 👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/839553382","repostId":"1107420537","repostType":4,"isVote":1,"tweetType":1,"viewCount":123,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":810258081,"gmtCreate":1629983160743,"gmtModify":1633681032864,"author":{"id":"3586591200613554","authorId":"3586591200613554","name":"DPirate","avatar":"https://static.tigerbbs.com/515564d610f84cda35e2c825b157b54c","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586591200613554","authorIdStr":"3586591200613554"},"themes":[],"htmlText":"Is there more upside expected from ETSY?","listText":"Is there more upside expected from ETSY?","text":"Is there more upside expected from ETSY?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/810258081","repostId":"2162094876","repostType":4,"repost":{"id":"2162094876","kind":"highlight","pubTimestamp":1629982833,"share":"https://www.laohu8.com/m/news/2162094876?lang=&edition=full","pubTime":"2021-08-26 21:00","market":"us","language":"en","title":"2 Stocks That Turned $1,000 Into $5,000 (or More)","url":"https://stock-news.laohu8.com/highlight/detail?id=2162094876","media":"Motley Fool","summary":"These e-commerce stocks rocketed higher following the March 2020 downturn.","content":"<p>Beginning investors often dream of finding the stock that turns into the next <b>Amazon </b>or <b>Tesla</b>. While recognizing such names early is no easy task, one&nbsp;strategy involves finding relatively new companies that have already made massive gains and hold the potential for more growth. <b><a href=\"https://laohu8.com/S/ETSY\">Etsy</a> </b>(NASDAQ:ETSY) and <b><a href=\"https://laohu8.com/S/W\">Wayfair</a> </b>(NYSE:W) are two internet and direct marketing retail stocks that appear positioned to fit that description.</p>\n<h2>Etsy</h2>\n<p>At first glance, Etsy may look like a <a href=\"https://laohu8.com/S/SHOP\">Shopify</a> for the arts and crafts industry. However, more than acting as a mere software platform, Etsy created a community that bolsters small businesses while helping buyers find the products they need. Artisans, craft suppliers, and sellers of vintage goods can start an Etsy site, paying as little as $0.20 per listing. From there, Etsy provides a search tool to lead interested buyers to their products.</p>\n<p>Investors have reaped the benefits. Stockholders who invested $1,000 when Etsy fell below $30 per share in March 2020 would hold a position worth nearly $6,600 as of the time of this writing.</p>\n<p><img src=\"https://static.tigerbbs.com/5d01c837b0e71e1340b530d271f66f69\" tg-width=\"720\" tg-height=\"433\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>ETSY data by YCharts</p>\n<p>This value proposition helped Etsy grow to more than 5.2 million sellers, a 67% increase year over year. The U.S. now accounts for most of its sellers, though it has built a significant following in the U.K., Canada, Australia, and Germany. Moreover, Etsy just bought Elo7, which many regarded as the \"Etsy of Brazil.\" Moves into Brazil and other developing countries could take the seller count much higher over time.</p>\n<p>Its growth has taken revenue to almost $1.1 billion in the first half of 2021. This represents a 64% increase from the first half of 2020. Net income surged 122% during the same period to $242 million as the cost of revenue and operating expenses grew at a slower pace than revenue.</p>\n<p>Like many e-commerce companies, Etsy did not guide beyond the third quarter, and the approximate 13% increase in revenue year over year points to slowing growth. The company expects it will again have to compete with offline businesses that closed due to the pandemic and have now reopened. On the Q2 2021 earnings call, the company also noted that its wedding business increased in Q2, so other niches have prospered due to reopenings.</p>\n<p>However, once COVID-19 ceases to affect Etsy's business, annual revenue growth should more closely resemble the 35% rise experienced in 2019 before the pandemic.&nbsp;Furthermore, at a 57 price-to-earnings ratio, it remains significantly cheaper than Shopify's 75 multiple. Such a value proposition should continue to attract both sellers and stockholders to Etsy.</p>\n<p><img src=\"https://static.tigerbbs.com/4c5785d102c4abea3b3c92f72eb0b4e3\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>Image source: Getty Images.</p>\n<h2>Wayfair</h2>\n<p>Wayfair is an online furniture and home goods company. The company has invested heavily in building a fulfillment network that could ship bulk goods such as furniture. It also utilizes machine learning and 3D modeling strategies to its benefit, helping customers find desired items through visual search.</p>\n<p>One might think that Amazon, which often contracts with third parties to ship furniture and other bulk items,&nbsp;could simply take away its customers. Still, the fact that 76% of its volume consisted of repeat orders shows it has built a loyal following. That loyalty likely played a role in turning $1,000 worth of Wayfair stock bought in March 2020 into a position worth more than $13,000 today.</p>\n<p><img src=\"https://static.tigerbbs.com/aac9e23a8115670f231297294f0a8e3f\" tg-width=\"720\" tg-height=\"433\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>W data by YCharts</p>\n<p>Financially, it has also maintained its growth. Revenue for the first six months of 2021 came in at just over $7.3 billion, 11% higher than year-ago levels. It has also earned $149 million during that time as it limited the increase in operating expenses to 5% and reduced interest expenses.</p>\n<p>However, this included a 10% drop in second-quarter revenue from year-ago levels. On the Q2 2021 earnings call, CFO Michael D. Fleisher cited an increase in offline activity following a reduction of COVID-19 cases in the spring and early summer as the reason for the drop. Still, while the company issued no forward guidance, Fleisher expects a \"sequential improvement in revenue trends\" as people return to regular school and work routines. Such a change could help justify its P/E ratio of 90.</p>\n<p>Additionally, its price-to-sales ratio stands at two, well under Amazon's P/S ratio of four. Investors should also remember that revenue grew 55% in fiscal 2020 compared to 2019, taking the company to its first full-year profit. This indicates that even if Wayfair pauses in the near term, it will probably resume its move higher once the economy moves past the pandemic.</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>2 Stocks That Turned $1,000 Into $5,000 (or More)</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n2 Stocks That Turned $1,000 Into $5,000 (or More)\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-26 21:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/08/26/2-stocks-that-turned-1000-into-5000-or-more/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Beginning investors often dream of finding the stock that turns into the next Amazon or Tesla. While recognizing such names early is no easy task, one strategy involves finding relatively new ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/08/26/2-stocks-that-turned-1000-into-5000-or-more/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"W":"Wayfair","ETSY":"Etsy, Inc."},"source_url":"https://www.fool.com/investing/2021/08/26/2-stocks-that-turned-1000-into-5000-or-more/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2162094876","content_text":"Beginning investors often dream of finding the stock that turns into the next Amazon or Tesla. While recognizing such names early is no easy task, one strategy involves finding relatively new companies that have already made massive gains and hold the potential for more growth. Etsy (NASDAQ:ETSY) and Wayfair (NYSE:W) are two internet and direct marketing retail stocks that appear positioned to fit that description.\nEtsy\nAt first glance, Etsy may look like a Shopify for the arts and crafts industry. However, more than acting as a mere software platform, Etsy created a community that bolsters small businesses while helping buyers find the products they need. Artisans, craft suppliers, and sellers of vintage goods can start an Etsy site, paying as little as $0.20 per listing. From there, Etsy provides a search tool to lead interested buyers to their products.\nInvestors have reaped the benefits. Stockholders who invested $1,000 when Etsy fell below $30 per share in March 2020 would hold a position worth nearly $6,600 as of the time of this writing.\n\nETSY data by YCharts\nThis value proposition helped Etsy grow to more than 5.2 million sellers, a 67% increase year over year. The U.S. now accounts for most of its sellers, though it has built a significant following in the U.K., Canada, Australia, and Germany. Moreover, Etsy just bought Elo7, which many regarded as the \"Etsy of Brazil.\" Moves into Brazil and other developing countries could take the seller count much higher over time.\nIts growth has taken revenue to almost $1.1 billion in the first half of 2021. This represents a 64% increase from the first half of 2020. Net income surged 122% during the same period to $242 million as the cost of revenue and operating expenses grew at a slower pace than revenue.\nLike many e-commerce companies, Etsy did not guide beyond the third quarter, and the approximate 13% increase in revenue year over year points to slowing growth. The company expects it will again have to compete with offline businesses that closed due to the pandemic and have now reopened. On the Q2 2021 earnings call, the company also noted that its wedding business increased in Q2, so other niches have prospered due to reopenings.\nHowever, once COVID-19 ceases to affect Etsy's business, annual revenue growth should more closely resemble the 35% rise experienced in 2019 before the pandemic. Furthermore, at a 57 price-to-earnings ratio, it remains significantly cheaper than Shopify's 75 multiple. Such a value proposition should continue to attract both sellers and stockholders to Etsy.\n\nImage source: Getty Images.\nWayfair\nWayfair is an online furniture and home goods company. The company has invested heavily in building a fulfillment network that could ship bulk goods such as furniture. It also utilizes machine learning and 3D modeling strategies to its benefit, helping customers find desired items through visual search.\nOne might think that Amazon, which often contracts with third parties to ship furniture and other bulk items, could simply take away its customers. Still, the fact that 76% of its volume consisted of repeat orders shows it has built a loyal following. That loyalty likely played a role in turning $1,000 worth of Wayfair stock bought in March 2020 into a position worth more than $13,000 today.\n\nW data by YCharts\nFinancially, it has also maintained its growth. Revenue for the first six months of 2021 came in at just over $7.3 billion, 11% higher than year-ago levels. It has also earned $149 million during that time as it limited the increase in operating expenses to 5% and reduced interest expenses.\nHowever, this included a 10% drop in second-quarter revenue from year-ago levels. On the Q2 2021 earnings call, CFO Michael D. Fleisher cited an increase in offline activity following a reduction of COVID-19 cases in the spring and early summer as the reason for the drop. Still, while the company issued no forward guidance, Fleisher expects a \"sequential improvement in revenue trends\" as people return to regular school and work routines. Such a change could help justify its P/E ratio of 90.\nAdditionally, its price-to-sales ratio stands at two, well under Amazon's P/S ratio of four. Investors should also remember that revenue grew 55% in fiscal 2020 compared to 2019, taking the company to its first full-year profit. This indicates that even if Wayfair pauses in the near term, it will probably resume its move higher once the economy moves past the pandemic.","news_type":1},"isVote":1,"tweetType":1,"viewCount":216,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":837245141,"gmtCreate":1629897190883,"gmtModify":1633681655938,"author":{"id":"3586591200613554","authorId":"3586591200613554","name":"DPirate","avatar":"https://static.tigerbbs.com/515564d610f84cda35e2c825b157b54c","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586591200613554","authorIdStr":"3586591200613554"},"themes":[],"htmlText":"Yes 👍","listText":"Yes 👍","text":"Yes 👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/837245141","repostId":"2162058077","repostType":4,"isVote":1,"tweetType":1,"viewCount":106,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":832855769,"gmtCreate":1629610383651,"gmtModify":1633683757478,"author":{"id":"3586591200613554","authorId":"3586591200613554","name":"DPirate","avatar":"https://static.tigerbbs.com/515564d610f84cda35e2c825b157b54c","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586591200613554","authorIdStr":"3586591200613554"},"themes":[],"htmlText":"Bearish signals?","listText":"Bearish signals?","text":"Bearish signals?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/832855769","repostId":"1176431153","repostType":4,"repost":{"id":"1176431153","kind":"news","pubTimestamp":1629604617,"share":"https://www.laohu8.com/m/news/1176431153?lang=&edition=full","pubTime":"2021-08-22 11:56","market":"us","language":"en","title":"Buffett’s Berkshire Still Isn’t Buying. Here’s What It Sold.","url":"https://stock-news.laohu8.com/highlight/detail?id=1176431153","media":"Barron's","summary":"If you’ve been waiting forBerkshire Hathawayto spend a decent chunk of its $144 billion in cash and ","content":"<p>If you’ve been waiting forBerkshire Hathawayto spend a decent chunk of its $144 billion in cash and equivalents on an acquisition, you’ll have to wait a little longer—maybe a lot longer. Not only did Berkshire fail to make a significant purchase in the second quarter, but CEO Warren Buffett and his investment lieutenants, Todd Combs and Ted Weschler, were net sellers of about $1 billion of stocks in the period, according to the company’s latest 10-Q filing.</p>\n<p>Berkshire pared its stakes in three drug stocks—AbbVie,Bristol-Myers Squibb, andMerck—all acquired in 2020. The company also sold seven millionGeneral Motorsshares in the quarter, cutting its holding to 60 million shares, now worth $3.2 billion. Berkshire trimmed itsChevronposition slightly, and added to its stake in grocerKroger.</p>\n<p>There were no changes in its two largest holdings. The company’sApplestake held steady at 887 million shares, now worth $134 billion, andBank of Americastood at 1.01 billion shares, worth $41 billion. Berkshire’s total equity holdings topped $300 billion as of June 30.</p>\n<p>As for its own shares, Berkshire was a buyer, scooping up about $6 billion of stock in each of the past two quarters, or about 1% of the shares outstanding in each period.</p>\n<p>And it wasn’t the only buyer; both share classes are up about 25% this year, ahead of theS&amp;P 500index’s total return of about 20%.</p>\n<p><b>Last WeekPre-Tantrum</b></p>\n<p>Stock indexes finished the week in the red, with the bulk of the week’s selling coming on Tuesday and Wednesday. The S&amp;P 500,Nasdaq Composite,andDow Jones Industrial Averageeach sank close to 2% over those days. Minutes from the Federal Reserve’s monetary policy committee’s latest meeting, released on Wednesday, showed an active debate among officials about when to begin withdrawing the emergency stimulus in place since March 2020. The Fed could begin reducing its U.S. Treasury and mortgage-backed securities purchases—currently running at a combined $120 billion a month—this fall. The Dow finished the week down 1.1%, at 35,120.08; the S&amp;P lost 0.6%, to 4441.67; and the Nasdaq Composite fell 0.7%, to 14,714.66.</p>\n<p><b>Shop Till They Drop</b></p>\n<p>Retailers reported their results for the May-to-July period, their second quarter. The overall picture is of consumers armed with pandemic savings and federal stimulus cash—and eager to spend it.Walmart,Target,Home Depot,Macy’s,and more topped Wall Street’s forecasts for sales and profits in the quarter. (See“Shoppers Are Crowding Malls and Bricks-and-Mortar Stores Again.”)</p>\n<p><b>Calling All Hackers</b></p>\n<p>Shares ofT-Mobile UScame under pressure after reports in the online publication Motherboard that customer data claiming to be from the wireless network operator’s servers was for sale online. T-Mobile later confirmed that there had been unauthorized access to some of the company’s data, including records for roughly 54 million people.</p>\n<p><b>Passing the Baton</b></p>\n<p>Johnson &amp; Johnsonannounced a surprise CEO transition. Its current chief executive, Alex Gorsky, will hand the reins to Joaquin Duato in January after nine years in charge and three decades at the company, which has a market value of nearly $500 billion. Duato, 59, is currently the vice chairman of J&amp;J’s executive committee. Gorsky, 61, will assume the post of executive chairman, a newly created role, next year.</p>\n<p><b>Annals of Deal Making</b></p>\n<p>Gene-sequencing firmIlluminaclosed a $7.1 billion acquisition of Grail, which works on early cancer detection. A legal battle with the Federal Trade Commission continues…German logistics firm Deutsche Post will acquire ocean freight-forwarding company J.F. Hillebrand Group for about 1.5 billion euros ($1.8 billion) in cash…ToolmakerStanley Black &amp; Deckeragreed to pay $1.6 billion in cash for the 80% of MTD Holdings that it doesn’t already own. MTD makes lawn mowers and other outdoor power tools under the Cub Cadet and Troy-Bilt brands…BHP Groupwill merge its oil-and-gas unit withWoodside Petroleumin an all-stock deal, with its shareholders owning 48%. The miner will also shift its primary stock market listing from London to Sydney.</p>","source":"lsy1610680873436","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>Buffett’s Berkshire Still Isn’t Buying. Here’s What It Sold.</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\">\nBuffett’s Berkshire Still Isn’t Buying. Here’s What It Sold.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-22 11:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/berkshire-hathaway-holdings-news-51629509250?siteid=yhoof2&tesla=y><strong>Barron's</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>If you’ve been waiting forBerkshire Hathawayto spend a decent chunk of its $144 billion in cash and equivalents on an acquisition, you’ll have to wait a little longer—maybe a lot longer. Not only did ...</p>\n\n<a href=\"https://www.barrons.com/articles/berkshire-hathaway-holdings-news-51629509250?siteid=yhoof2&tesla=y\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.barrons.com/articles/berkshire-hathaway-holdings-news-51629509250?siteid=yhoof2&tesla=y","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176431153","content_text":"If you’ve been waiting forBerkshire Hathawayto spend a decent chunk of its $144 billion in cash and equivalents on an acquisition, you’ll have to wait a little longer—maybe a lot longer. Not only did Berkshire fail to make a significant purchase in the second quarter, but CEO Warren Buffett and his investment lieutenants, Todd Combs and Ted Weschler, were net sellers of about $1 billion of stocks in the period, according to the company’s latest 10-Q filing.\nBerkshire pared its stakes in three drug stocks—AbbVie,Bristol-Myers Squibb, andMerck—all acquired in 2020. The company also sold seven millionGeneral Motorsshares in the quarter, cutting its holding to 60 million shares, now worth $3.2 billion. Berkshire trimmed itsChevronposition slightly, and added to its stake in grocerKroger.\nThere were no changes in its two largest holdings. The company’sApplestake held steady at 887 million shares, now worth $134 billion, andBank of Americastood at 1.01 billion shares, worth $41 billion. Berkshire’s total equity holdings topped $300 billion as of June 30.\nAs for its own shares, Berkshire was a buyer, scooping up about $6 billion of stock in each of the past two quarters, or about 1% of the shares outstanding in each period.\nAnd it wasn’t the only buyer; both share classes are up about 25% this year, ahead of theS&P 500index’s total return of about 20%.\nLast WeekPre-Tantrum\nStock indexes finished the week in the red, with the bulk of the week’s selling coming on Tuesday and Wednesday. The S&P 500,Nasdaq Composite,andDow Jones Industrial Averageeach sank close to 2% over those days. Minutes from the Federal Reserve’s monetary policy committee’s latest meeting, released on Wednesday, showed an active debate among officials about when to begin withdrawing the emergency stimulus in place since March 2020. The Fed could begin reducing its U.S. Treasury and mortgage-backed securities purchases—currently running at a combined $120 billion a month—this fall. The Dow finished the week down 1.1%, at 35,120.08; the S&P lost 0.6%, to 4441.67; and the Nasdaq Composite fell 0.7%, to 14,714.66.\nShop Till They Drop\nRetailers reported their results for the May-to-July period, their second quarter. The overall picture is of consumers armed with pandemic savings and federal stimulus cash—and eager to spend it.Walmart,Target,Home Depot,Macy’s,and more topped Wall Street’s forecasts for sales and profits in the quarter. (See“Shoppers Are Crowding Malls and Bricks-and-Mortar Stores Again.”)\nCalling All Hackers\nShares ofT-Mobile UScame under pressure after reports in the online publication Motherboard that customer data claiming to be from the wireless network operator’s servers was for sale online. T-Mobile later confirmed that there had been unauthorized access to some of the company’s data, including records for roughly 54 million people.\nPassing the Baton\nJohnson & Johnsonannounced a surprise CEO transition. Its current chief executive, Alex Gorsky, will hand the reins to Joaquin Duato in January after nine years in charge and three decades at the company, which has a market value of nearly $500 billion. Duato, 59, is currently the vice chairman of J&J’s executive committee. Gorsky, 61, will assume the post of executive chairman, a newly created role, next year.\nAnnals of Deal Making\nGene-sequencing firmIlluminaclosed a $7.1 billion acquisition of Grail, which works on early cancer detection. A legal battle with the Federal Trade Commission continues…German logistics firm Deutsche Post will acquire ocean freight-forwarding company J.F. Hillebrand Group for about 1.5 billion euros ($1.8 billion) in cash…ToolmakerStanley Black & Deckeragreed to pay $1.6 billion in cash for the 80% of MTD Holdings that it doesn’t already own. MTD makes lawn mowers and other outdoor power tools under the Cub Cadet and Troy-Bilt brands…BHP Groupwill merge its oil-and-gas unit withWoodside Petroleumin an all-stock deal, with its shareholders owning 48%. The miner will also shift its primary stock market listing from London to Sydney.","news_type":1},"isVote":1,"tweetType":1,"viewCount":311,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":836650366,"gmtCreate":1629479503955,"gmtModify":1631888653683,"author":{"id":"3586591200613554","authorId":"3586591200613554","name":"DPirate","avatar":"https://static.tigerbbs.com/515564d610f84cda35e2c825b157b54c","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586591200613554","authorIdStr":"3586591200613554"},"themes":[],"htmlText":"Seems like a Green day after back to back Red&nbsp;","listText":"Seems like a Green day after back to back Red&nbsp;","text":"Seems like a Green day after back to back Red","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/836650366","repostId":"1191201221","repostType":4,"isVote":1,"tweetType":1,"viewCount":74,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":892512278,"gmtCreate":1628671782294,"gmtModify":1633745228939,"author":{"id":"3586591200613554","authorId":"3586591200613554","name":"DPirate","avatar":"https://static.tigerbbs.com/515564d610f84cda35e2c825b157b54c","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586591200613554","authorIdStr":"3586591200613554"},"themes":[],"htmlText":"@MT ArcelorMittal","listText":"@MT ArcelorMittal","text":"@MT ArcelorMittal","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/892512278","repostId":"1147144306","repostType":4,"repost":{"id":"1147144306","kind":"news","pubTimestamp":1628651652,"share":"https://www.laohu8.com/m/news/1147144306?lang=&edition=full","pubTime":"2021-08-11 11:14","market":"hk","language":"en","title":"What stocks and sectors will benefit from the infrastructure bill?","url":"https://stock-news.laohu8.com/highlight/detail?id=1147144306","media":"Market Wacth","summary":"What assets are set to score a boost after the U.S. Senate passed a roughly $1 trillion infrastructure package with broad bipartisan support Tuesday, putting it on track to possibly be passed by the House and be signed into law by President Joe Biden?Thebill reauthorizes spendingon existing federal public-works programs and pours a fresh $550 billion into water projects, the electrical grid and safety efforts. It includes $110 billion for roads, bridges and other projects, as well as $66 billion","content":"<p>What assets are set to score a boost after the U.S. Senate passed a roughly $1 trillion infrastructure package with broad bipartisan support Tuesday, putting it on track to possibly be passed by the House and be signed into law by President Joe Biden?</p>\n<p>Thebill reauthorizes spendingon existing federal public-works programs and pours a fresh $550 billion into water projects, the electrical grid and safety efforts. It includes $110 billion for roads, bridges and other projects, as well as $66 billion for rail, $65 billion for broadband internet and $55 billion for water systems.</p>\n<p>Some analysts say that much of the bill’s positive impact on the economy have already been priced into financial markets but it is possible that a further fillip for stocks could be enjoyed, especially as worries linger about the potential for the delta variant of COVID-19 to stymie aspects of the economic recovery from the deadly pandemic.</p>\n<p>“The passage of the&nbsp;infrastructure&nbsp;bill is a nice headline but unlikely to be a big market mover at this point,” wrote Brian Price, head of investment management at Commonwealth Financial Network in emailed remarks.</p>\n<p>“I think a lot of the enthusiasm has been priced in over the past few weeks and investors are focused on other factors at this point,” he said, perhaps, referring to investors’ current fixation over the likelihood that the Federal Reserve will taper its monthly purchases of $120 billion in Treasurys and mortgage-backed securities, which had helped to stabilize the market during the height the pandemic back in March and April of 2020.</p>\n<p>Still, the stock market was headed higher on Tuesday, with the Dow Jones Industrial AverageDJIA,+0.46%and S&amp;P 500SPX,+0.10%at or near all-time closing highs, after the bill’s passage in the Upper chamber, with a 69-to-30 vote, with 19 Republicans also joining the Democratic yeas, The Wall Street Journal reported.</p>\n<p>A popular exchange-traded fund that offers exposure to stocks that would benefit from an infrastructure bill, the <a href=\"https://laohu8.com/S/EFFE\">Global X</a> U.S. Infrastructure Development ETFPAVE,+2.19%,was up 2.2% on Tuesday and has climbed 4.7% within the past 30 days, FactSet data show.<img src=\"https://static.tigerbbs.com/d21f2ed025a84fdc2840732cbf4dff62\" tg-width=\"825\" tg-height=\"525\" referrerpolicy=\"no-referrer\">Pave the way higher?The 'PAVE' ETF has been rising over the past 30 daysGlobal X US Infrastructure Development ETFSource: FactSetAs of Aug. 10, 4 p.m. ETJune 2021Aug.24.525.025.526.026.527.0$27.5</p>\n<p>PAVE, referring to the infrastructure ETFs ticker symbol is up 28% so far in 2021, compared with year-to-date gains of around 15% for the S&amp;P 500 and the Dow.</p>\n<p>PAVE holds 100 stocks, from small-cap to large-cap companies, that derive at least 50% of revenue from infrastructure construction, materials and equipment supply and related services in the U.S.</p>\n<p>Similarly, the <a href=\"https://laohu8.com/S/IFRA\">iShares U.S. Infrastructure ETF</a>IFRA,+1.45%,another way to play infrastructure, rose 1.3% on Tuesday and is up nearly 22% in the first eight months of the year. The iShares ETF also includes 20 electric utilities and four water utilities, and for that reason isn’t always viewed as a pure-play infrastructure fund.</p>\n<p>The Industrial <a href=\"https://laohu8.com/S/SLCT\">Select</a> Sector SPDR ETFXLI,+1.02%,which tracks the S&amp;P 500’s industrial sector, was up 1% on Tuesday and has gained nearly 18% in the year so far.</p>\n<p>Back in the spring MarketWatch’s Philip van Doorn wrote that there are about 20 companies that are included in PAVE that might have the most upsidepotential for investors. Those include <a href=\"https://laohu8.com/S/TISI\">Team</a> Inc., which was up 4.4% on Tuesday but has declined 56% in the year to date and <a href=\"https://laohu8.com/S/PRIM\">Primoris</a>, which was up 2.9% on the day but down 3.6% so far this year.</p>\n<table>\n <tbody>\n  <tr>\n   <td><b>Company names</b></td>\n   <td><b>YTD % return</b></td>\n  </tr>\n  <tr>\n   <td>Team Inc.TISI,+4.37%</td>\n   <td>-56.83</td>\n  </tr>\n  <tr>\n   <td>Primoris Services Corp.PRIM,+2.90%</td>\n   <td>-3.6%</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/CMCO\">Columbus McKinnon</a> Corp.CMCO,+2.03%</td>\n   <td>17.6%</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/BLDR\">Builders FirstSource</a> Inc.BLDR,+2.72%</td>\n   <td>19.6%</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/WMS\">Advanced Drainage</a> Systems Inc.WMS,+1.89%</td>\n   <td>40%</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/AIMCV\">Altra Industrial Motion Corp.</a>AIMC,+3.15%</td>\n   <td>10.5%</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/DY\">Dycom</a> IndustriesDY,-0.96%</td>\n   <td>-5.7%</td>\n  </tr>\n  <tr>\n   <td>Cleveland-Cliffs Inc.CLF,+5.05%</td>\n   <td>78.7%</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/RXN\">Rexnord</a> Corp.RXN,+1.91%</td>\n   <td>51%</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/HRI\">Herc</a> Holdings Inc.HRI,+2.28%</td>\n   <td>90%</td>\n  </tr>\n </tbody>\n</table>\n<p>Overall, the investment in infrastructure is the biggest investment in roads, bridges and tunnels and other areas of America’s inner workings in a generation.</p>\n<p>Edward Moya, analyst at Oanda, said that the infrastructure package, should it get quickly passed by the House, is very constructive in “driving the cyclical trade,” particularly as there have been concerns about the delta variant of COVID.</p>\n<p>“Spending will take a few years to ramp up and will in any case be spread over the rest of the decade,” said Michael Pearce, senior U.S. economist at Capital Economics, in a recent note.</p>","source":"lsy1604288433698","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>What stocks and sectors will benefit from the infrastructure bill?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat stocks and sectors will benefit from the infrastructure bill?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-11 11:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/what-stocks-and-sectors-will-benefit-from-the-infrastructure-bill-11628628331?mod=home-page><strong>Market Wacth</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What assets are set to score a boost after the U.S. Senate passed a roughly $1 trillion infrastructure package with broad bipartisan support Tuesday, putting it on track to possibly be passed by the ...</p>\n\n<a href=\"https://www.marketwatch.com/story/what-stocks-and-sectors-will-benefit-from-the-infrastructure-bill-11628628331?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WMS":"Advanced Drainage","XLI":"工业指数ETF-SPDR","IFRA":"iShares U.S. Infrastructure ETF","CLF":"克利夫兰克里夫","CMCO":"哥伦布-麦金农","PRIM":"Primoris Services Corporation","DY":"戴康工业","BLDR":"Builders FirstSource","HRI":"Herc Holdings Inc.","TISI":"Team Inc"},"source_url":"https://www.marketwatch.com/story/what-stocks-and-sectors-will-benefit-from-the-infrastructure-bill-11628628331?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147144306","content_text":"What assets are set to score a boost after the U.S. Senate passed a roughly $1 trillion infrastructure package with broad bipartisan support Tuesday, putting it on track to possibly be passed by the House and be signed into law by President Joe Biden?\nThebill reauthorizes spendingon existing federal public-works programs and pours a fresh $550 billion into water projects, the electrical grid and safety efforts. It includes $110 billion for roads, bridges and other projects, as well as $66 billion for rail, $65 billion for broadband internet and $55 billion for water systems.\nSome analysts say that much of the bill’s positive impact on the economy have already been priced into financial markets but it is possible that a further fillip for stocks could be enjoyed, especially as worries linger about the potential for the delta variant of COVID-19 to stymie aspects of the economic recovery from the deadly pandemic.\n“The passage of the infrastructure bill is a nice headline but unlikely to be a big market mover at this point,” wrote Brian Price, head of investment management at Commonwealth Financial Network in emailed remarks.\n“I think a lot of the enthusiasm has been priced in over the past few weeks and investors are focused on other factors at this point,” he said, perhaps, referring to investors’ current fixation over the likelihood that the Federal Reserve will taper its monthly purchases of $120 billion in Treasurys and mortgage-backed securities, which had helped to stabilize the market during the height the pandemic back in March and April of 2020.\nStill, the stock market was headed higher on Tuesday, with the Dow Jones Industrial AverageDJIA,+0.46%and S&P 500SPX,+0.10%at or near all-time closing highs, after the bill’s passage in the Upper chamber, with a 69-to-30 vote, with 19 Republicans also joining the Democratic yeas, The Wall Street Journal reported.\nA popular exchange-traded fund that offers exposure to stocks that would benefit from an infrastructure bill, the Global X U.S. Infrastructure Development ETFPAVE,+2.19%,was up 2.2% on Tuesday and has climbed 4.7% within the past 30 days, FactSet data show.Pave the way higher?The 'PAVE' ETF has been rising over the past 30 daysGlobal X US Infrastructure Development ETFSource: FactSetAs of Aug. 10, 4 p.m. ETJune 2021Aug.24.525.025.526.026.527.0$27.5\nPAVE, referring to the infrastructure ETFs ticker symbol is up 28% so far in 2021, compared with year-to-date gains of around 15% for the S&P 500 and the Dow.\nPAVE holds 100 stocks, from small-cap to large-cap companies, that derive at least 50% of revenue from infrastructure construction, materials and equipment supply and related services in the U.S.\nSimilarly, the iShares U.S. Infrastructure ETFIFRA,+1.45%,another way to play infrastructure, rose 1.3% on Tuesday and is up nearly 22% in the first eight months of the year. The iShares ETF also includes 20 electric utilities and four water utilities, and for that reason isn’t always viewed as a pure-play infrastructure fund.\nThe Industrial Select Sector SPDR ETFXLI,+1.02%,which tracks the S&P 500’s industrial sector, was up 1% on Tuesday and has gained nearly 18% in the year so far.\nBack in the spring MarketWatch’s Philip van Doorn wrote that there are about 20 companies that are included in PAVE that might have the most upsidepotential for investors. Those include Team Inc., which was up 4.4% on Tuesday but has declined 56% in the year to date and Primoris, which was up 2.9% on the day but down 3.6% so far this year.\n\n\n\nCompany names\nYTD % return\n\n\nTeam Inc.TISI,+4.37%\n-56.83\n\n\nPrimoris Services Corp.PRIM,+2.90%\n-3.6%\n\n\nColumbus McKinnon Corp.CMCO,+2.03%\n17.6%\n\n\nBuilders FirstSource Inc.BLDR,+2.72%\n19.6%\n\n\nAdvanced Drainage Systems Inc.WMS,+1.89%\n40%\n\n\nAltra Industrial Motion Corp.AIMC,+3.15%\n10.5%\n\n\nDycom IndustriesDY,-0.96%\n-5.7%\n\n\nCleveland-Cliffs Inc.CLF,+5.05%\n78.7%\n\n\nRexnord Corp.RXN,+1.91%\n51%\n\n\nHerc Holdings Inc.HRI,+2.28%\n90%\n\n\n\nOverall, the investment in infrastructure is the biggest investment in roads, bridges and tunnels and other areas of America’s inner workings in a generation.\nEdward Moya, analyst at Oanda, said that the infrastructure package, should it get quickly passed by the House, is very constructive in “driving the cyclical trade,” particularly as there have been concerns about the delta variant of COVID.\n“Spending will take a few years to ramp up and will in any case be spread over the rest of the decade,” said Michael Pearce, senior U.S. economist at Capital Economics, in a recent note.","news_type":1},"isVote":1,"tweetType":1,"viewCount":239,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":808654314,"gmtCreate":1627576668338,"gmtModify":1633758109874,"author":{"id":"3586591200613554","authorId":"3586591200613554","name":"DPirate","avatar":"https://static.tigerbbs.com/515564d610f84cda35e2c825b157b54c","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586591200613554","authorIdStr":"3586591200613554"},"themes":[],"htmlText":"[Strong]&nbsp;","listText":"[Strong]&nbsp;","text":"[Strong]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/808654314","repostId":"1131613450","repostType":4,"repost":{"id":"1131613450","kind":"news","pubTimestamp":1627570012,"share":"https://www.laohu8.com/m/news/1131613450?lang=&edition=full","pubTime":"2021-07-29 22:46","market":"us","language":"en","title":"Facebook Metaverse, Next Wave Of Growth Opportunities","url":"https://stock-news.laohu8.com/highlight/detail?id=1131613450","media":"seekingalpha","summary":"Summary\n\nMark Zuckerberg discusses metaverse, and why this is the future for Facebook.\nFacebook's Q2","content":"<p><b>Summary</b></p>\n<ul>\n <li>Mark Zuckerberg discusses metaverse, and why this is the future for Facebook.</li>\n <li>Facebook's Q2 2021 results were sizzling hot as it comps an easy period last year.</li>\n <li>Facebook remains very attractively priced, growing at +25% CAGR and priced at 9x sales.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dcbdc2d6bd0c7b42c807ae560b621aa3\" tg-width=\"1536\" tg-height=\"987\" width=\"100%\" height=\"auto\"><span>atakan/iStock via Getty Images</span></p>\n<p><b>Investment Thesis</b></p>\n<p>Facebook (FB) is still a growth engine with its top-line growing 54% y/y. What's more, as we look ahead, despite the tough comps for H2, Facebook is still likely to grow by at least 25% y/y.</p>\n<p>Further, unlike countless other social media companies, Facebook is unquestionably one of the best money printing companies.</p>\n<p>Facebook's stock is trading for approximately 9x sales. Ultimately, there simply aren't many companies with so much dominance still growing at such a rapid rate priced as cheaply as Facebook. This investment is very attractive.</p>\n<p><b>Revenue Growth Rates Are Impressively High</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bae2630474c1ccf97169b03a39be3b97\" tg-width=\"640\" tg-height=\"285\" width=\"100%\" height=\"auto\"><span>Source: author's calculations</span></p>\n<p>As you can see above, Facebook's Q2 2021 revenue was up 56% y/y. Having said that, this strong performance in H1 2021 was mostly to be expected, given the easier comps with the same period a year ago.</p>\n<p>However, as we look ahead, considering a 2-year stacked period, where Facebook gets normalized for the COVID period, H2 2021 is expected to decelerate modestly.<i>How modestly?</i>This is the critical question that's very difficult to parse out from Facebook's commentary.</p>\n<p>On the one hand, we know that Facebook has a long history of being incredibly conservative. While on the other hand, we have to factor in the unavoidable uncertainty from iOS privacy updates, as well as, a difficult regulatory environment, most notably in Europe with transatlantic data transfers.</p>\n<p>Altogether, I believe that H2 2021 is likely to continue growing at approximately 25% CAGR. This is a meaningful slowdown from what we saw in H1 2021 but given Facebook's scale, for it to still be able out a mid-20s% CAGR it's praiseworthy.</p>\n<p>Consequently, we can assume that Facebook will likely print $120 billion in revenues in 2021. However, Facebook makes it clear that it's not resting on its laurels, but that it's going to meaningfully invest in the next chapter of its growth story.</p>\n<p><b>Facebook's Next Wave of Growth Opportunities</b></p>\n<p>Facebook is doubling down into making videos the focal point of content creation. Video now accounts for nearly half of all time spent on Facebook, while Reels (TikTok clone) is its largest contributor to engagement growth on Instagram.</p>\n<p>Furthermore, consistent with Facebook's previous messaging to investors, Facebook is now giving creators more ways to monetize their content.</p>\n<p>While Facebook's push into video monetization is different from Twitter's (TWTR) offering, Facebook has taken a leaf from Twitter Spaces, and Facebook is now making a push into audio channels with its Live Audio Rooms.</p>\n<p>Next, Facebook is looking forward to making commerce a bigger part of its family of apps. Facebook is investing in its marketplace solution for businesses to customize their offering on the platform, as Facebook makes businesses' products or services easier to surface.</p>\n<p>Facebook is wanting to improve both customers' and businesses' experience on its platform. But Facebook admits that this is going to take a long time for it to reach a meaningful scale, as its advertising business is so big and accounts for close to 99% of total revenue.</p>\n<p>Accordingly, even its commerce business was to compound at very rapid rates, it would probably still take more than 5 years before a needle-moving revenue source is derived from this opportunity.</p>\n<p>The third area that Facebook believes will drive meaningful growth opportunities is metaverse. So what is the metaverse? This is how CEO Mark Zuckerberg&nbsp;explained&nbsp;it:</p>\n<blockquote>\n <i>It's a virtual environment. We can be present with people in digital spaces. And you can kind of think about this is an embodied Internet that you're inside of rather than just looking at.</i>\n</blockquote>\n<p>This layers augmented reality onto any device offering users a fully immersive virtual experience. The key theme is the broadness of this technology. Going beyond simply communicating with others, users will be able to be present to create, game, exercise, and transact with others.</p>\n<p>Needless to say that all this effort into these products will require meaningful capital investment over a multi-year period, with Facebook's CFO Dave Wehner declare on the call that billions will have to be invested.</p>\n<p>Nonetheless, the stock is clearly very reasonably valued.</p>\n<p><b>Valuation - Very High Quality and Attractively Priced</b></p>\n<p><img src=\"https://static.tigerbbs.com/97a338fa8c3cfa7870d4f7873029655c\" tg-width=\"640\" tg-height=\"382\" width=\"100%\" height=\"auto\"></p>\n<p>Every time I cover Facebook I ask readers to find me a business that has free cash flow margins of 29%. I'm still waiting for a response.</p>\n<p>This implies that for every $1 of revenues, after everything is said and done, Facebook takes out 29 cents in cash. This is cash that gets put directly on its balance sheet or used to repurchase stock.</p>\n<p>Incidentally, to put this cash movement in context, consider the following: Facebook's free cash flow during Q2 2021 reached $8.5 billion. Of that, Facebook repurchased $7 billion worth of stock.</p>\n<p>Investors often retort that Facebook's free cash flow is so strong, because of its heavy stock-based compensation. To that insight, I remark that stock-based compensation is already factored into its market cap valuation.</p>\n<p>Hence, when investors are asked to pay 9x sales for Facebook, investors are already factoring in its stock-based compensation.</p>\n<p>You are welcome to look far and wide, you won't find many businesses growing at 25% CAGR, highly free cash flow generative, priced at 9x sales. If you do, please reach out to me.</p>\n<p><b>The Bottom Line</b></p>\n<p>Facebook continues to plow ahead at an unstoppable pace.</p>\n<p>The commentary around its future growth opportunities was optimistic and honest. While noting that there's a huge opportunity to strengthen user and businesses engagement with Facebook's family of apps, Zuckerberg several times noted that these projects are starting from a very small scale and it will take a long time until they become meaningful contributors to its revenue growth rates.</p>\n<p>Having said that, at 9x sales for a company that's likely to grow at 25% CAGR this year, this stock is incredibly cheaply valued, even after the impressive run the stock has had over the past year.</p>\n<p>However, given the cheapness of many small-cap stocks right now, while nowhere near as dominant and profitable as Facebook, I'm nevertheless going to stick around with those small businesses that are even more attractively priced to me. Happy investing!</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>Facebook Metaverse, Next Wave Of Growth Opportunities</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\">\nFacebook Metaverse, Next Wave Of Growth Opportunities\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-29 22:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4442466-facebook-metaverse-next-wave-of-growth-opportunities><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nMark Zuckerberg discusses metaverse, and why this is the future for Facebook.\nFacebook's Q2 2021 results were sizzling hot as it comps an easy period last year.\nFacebook remains very ...</p>\n\n<a href=\"https://seekingalpha.com/article/4442466-facebook-metaverse-next-wave-of-growth-opportunities\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://seekingalpha.com/article/4442466-facebook-metaverse-next-wave-of-growth-opportunities","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1131613450","content_text":"Summary\n\nMark Zuckerberg discusses metaverse, and why this is the future for Facebook.\nFacebook's Q2 2021 results were sizzling hot as it comps an easy period last year.\nFacebook remains very attractively priced, growing at +25% CAGR and priced at 9x sales.\n\natakan/iStock via Getty Images\nInvestment Thesis\nFacebook (FB) is still a growth engine with its top-line growing 54% y/y. What's more, as we look ahead, despite the tough comps for H2, Facebook is still likely to grow by at least 25% y/y.\nFurther, unlike countless other social media companies, Facebook is unquestionably one of the best money printing companies.\nFacebook's stock is trading for approximately 9x sales. Ultimately, there simply aren't many companies with so much dominance still growing at such a rapid rate priced as cheaply as Facebook. This investment is very attractive.\nRevenue Growth Rates Are Impressively High\nSource: author's calculations\nAs you can see above, Facebook's Q2 2021 revenue was up 56% y/y. Having said that, this strong performance in H1 2021 was mostly to be expected, given the easier comps with the same period a year ago.\nHowever, as we look ahead, considering a 2-year stacked period, where Facebook gets normalized for the COVID period, H2 2021 is expected to decelerate modestly.How modestly?This is the critical question that's very difficult to parse out from Facebook's commentary.\nOn the one hand, we know that Facebook has a long history of being incredibly conservative. While on the other hand, we have to factor in the unavoidable uncertainty from iOS privacy updates, as well as, a difficult regulatory environment, most notably in Europe with transatlantic data transfers.\nAltogether, I believe that H2 2021 is likely to continue growing at approximately 25% CAGR. This is a meaningful slowdown from what we saw in H1 2021 but given Facebook's scale, for it to still be able out a mid-20s% CAGR it's praiseworthy.\nConsequently, we can assume that Facebook will likely print $120 billion in revenues in 2021. However, Facebook makes it clear that it's not resting on its laurels, but that it's going to meaningfully invest in the next chapter of its growth story.\nFacebook's Next Wave of Growth Opportunities\nFacebook is doubling down into making videos the focal point of content creation. Video now accounts for nearly half of all time spent on Facebook, while Reels (TikTok clone) is its largest contributor to engagement growth on Instagram.\nFurthermore, consistent with Facebook's previous messaging to investors, Facebook is now giving creators more ways to monetize their content.\nWhile Facebook's push into video monetization is different from Twitter's (TWTR) offering, Facebook has taken a leaf from Twitter Spaces, and Facebook is now making a push into audio channels with its Live Audio Rooms.\nNext, Facebook is looking forward to making commerce a bigger part of its family of apps. Facebook is investing in its marketplace solution for businesses to customize their offering on the platform, as Facebook makes businesses' products or services easier to surface.\nFacebook is wanting to improve both customers' and businesses' experience on its platform. But Facebook admits that this is going to take a long time for it to reach a meaningful scale, as its advertising business is so big and accounts for close to 99% of total revenue.\nAccordingly, even its commerce business was to compound at very rapid rates, it would probably still take more than 5 years before a needle-moving revenue source is derived from this opportunity.\nThe third area that Facebook believes will drive meaningful growth opportunities is metaverse. So what is the metaverse? This is how CEO Mark Zuckerberg explained it:\n\nIt's a virtual environment. We can be present with people in digital spaces. And you can kind of think about this is an embodied Internet that you're inside of rather than just looking at.\n\nThis layers augmented reality onto any device offering users a fully immersive virtual experience. The key theme is the broadness of this technology. Going beyond simply communicating with others, users will be able to be present to create, game, exercise, and transact with others.\nNeedless to say that all this effort into these products will require meaningful capital investment over a multi-year period, with Facebook's CFO Dave Wehner declare on the call that billions will have to be invested.\nNonetheless, the stock is clearly very reasonably valued.\nValuation - Very High Quality and Attractively Priced\n\nEvery time I cover Facebook I ask readers to find me a business that has free cash flow margins of 29%. I'm still waiting for a response.\nThis implies that for every $1 of revenues, after everything is said and done, Facebook takes out 29 cents in cash. This is cash that gets put directly on its balance sheet or used to repurchase stock.\nIncidentally, to put this cash movement in context, consider the following: Facebook's free cash flow during Q2 2021 reached $8.5 billion. Of that, Facebook repurchased $7 billion worth of stock.\nInvestors often retort that Facebook's free cash flow is so strong, because of its heavy stock-based compensation. To that insight, I remark that stock-based compensation is already factored into its market cap valuation.\nHence, when investors are asked to pay 9x sales for Facebook, investors are already factoring in its stock-based compensation.\nYou are welcome to look far and wide, you won't find many businesses growing at 25% CAGR, highly free cash flow generative, priced at 9x sales. If you do, please reach out to me.\nThe Bottom Line\nFacebook continues to plow ahead at an unstoppable pace.\nThe commentary around its future growth opportunities was optimistic and honest. While noting that there's a huge opportunity to strengthen user and businesses engagement with Facebook's family of apps, Zuckerberg several times noted that these projects are starting from a very small scale and it will take a long time until they become meaningful contributors to its revenue growth rates.\nHaving said that, at 9x sales for a company that's likely to grow at 25% CAGR this year, this stock is incredibly cheaply valued, even after the impressive run the stock has had over the past year.\nHowever, given the cheapness of many small-cap stocks right now, while nowhere near as dominant and profitable as Facebook, I'm nevertheless going to stick around with those small businesses that are even more attractively priced to me. Happy investing!","news_type":1},"isVote":1,"tweetType":1,"viewCount":95,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":808655503,"gmtCreate":1627576585002,"gmtModify":1633758110221,"author":{"id":"3586591200613554","authorId":"3586591200613554","name":"DPirate","avatar":"https://static.tigerbbs.com/515564d610f84cda35e2c825b157b54c","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586591200613554","authorIdStr":"3586591200613554"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/808655503","repostId":"1131907757","repostType":4,"isVote":1,"tweetType":1,"viewCount":181,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}