LittleSaves的个人主页 - 老虎社区

LittleSaves

LittleSaves

暂无个人介绍

IP属地：未知

2关注

2粉丝

0主题

0勋章

2021-11-22

They’ve been saying this for a while now.

JPMorgan Warns S&P Fair Value Is 2,500 If Inflation Shocks Do Not Fade Away

2021-11-14

Good 👍

These are the next three mega-cap tech stocks you’ll be hearing more about

2021-11-05

Cool

Berkshire Hathaway Q3 FY2021 Earnings Report Preview: What to Look For

2021-10-29

MAANG

抱歉，原内容已删除

2021-10-28

Will Tesla go higher?

Tesla drives up S&P 500's disruptive tech exposure as the index rides to record highs in October

2021-10-22

Good deal👍

Aurizon to buy One Rail Australia for $1.75 bln to cut coal exposure

2021-10-21

Good

UBS Poaches From JPMorgan, Citi for Equities And Markets in ANZ

去老虎APP查看更多动态

{"i18n":{"language":"zh_CN"},"userPageInfo":{"id":4088827125361240,"uuid":"4088827125361240","gmtCreate":1625724993579,"gmtModify":1630634606115,"name":"LittleSaves","pinyin":"littlesaves","introduction":"","introductionEn":null,"signature":"","avatar":"https://static.tigerbbs.com/efd012c1b62a71ce51ff9924a1d01ace","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":2,"headSize":2,"tweetSize":17,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":1,"name":"萌萌虎","nameTw":"萌萌虎","represent":"呱呱坠地","factor":"评论帖子3次或发布1条主帖（非转发）","iconColor":"3C9E83","bgColor":"A2F1D9"},"themeCounts":0,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":0,"symbols":null,"coverImage":null,"realNameVerified":null,"userBadges":[{"badgeId":"e50ce593bb40487ebfb542ca54f6a561-1","templateUuid":"e50ce593bb40487ebfb542ca54f6a561","name":"出道虎友","description":"加入老虎社区500天","bigImgUrl":"https://static.tigerbbs.com/0e4d0ca1da0456dc7894c946d44bf9ab","smallImgUrl":"https://static.tigerbbs.com/0f2f65e8ce4cfaae8db2bea9b127f58b","grayImgUrl":"https://static.tigerbbs.com/c5948a31b6edf154422335b265235809","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.11.24","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001},{"badgeId":"976c19eed35f4cd78f17501c2e99ef37-1","templateUuid":"976c19eed35f4cd78f17501c2e99ef37","name":"博闻投资者","description":"累计交易超过10只正股","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1102},{"badgeId":"518b5610c3e8410da5cfad115e4b0f5a-1","templateUuid":"518b5610c3e8410da5cfad115e4b0f5a","name":"实盘交易者","description":"完成一笔实盘交易","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100},{"badgeId":"35ec162348d5460f88c959321e554969-3","templateUuid":"35ec162348d5460f88c959321e554969","name":"传说交易员","description":"证券或期货账户累计交易次数达到300次","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":"93.99%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100}],"userBadgeCount":4,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":2,"crmLevelSwitch":0,"location":"未知","starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":0,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"baikeInfo":{},"tab":"post","tweets":[{"id":872423426,"gmtCreate":1637562828379,"gmtModify":1637562828500,"author":{"id":"4088827125361240","authorId":"4088827125361240","name":"LittleSaves","avatar":"https://static.tigerbbs.com/efd012c1b62a71ce51ff9924a1d01ace","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"They’ve been saying this for a while now.&nbsp;","listText":"They’ve been saying this for a while now.&nbsp;","text":"They’ve been saying this for a while now.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/872423426","repostId":"1142428650","repostType":4,"repost":{"id":"1142428650","pubTimestamp":1637562624,"share":"https://www.laohu8.com/m/news/1142428650?lang=&edition=full","pubTime":"2021-11-22 14:30","market":"us","language":"en","title":"JPMorgan Warns S&P Fair Value Is 2,500 If Inflation Shocks Do Not Fade Away","url":"https://stock-news.laohu8.com/highlight/detail?id=1142428650","media":"Zero Hedge","summary":"Last week, when discussing the latest Bank of America Fund Manager Survey, we pointed out that yet a","content":"<p>Last week, when discussing the latest Bank of America Fund Manager Survey, we pointed out that yet another paradox had emerged: on one hand, Wall Street professionals were&nbsp;<b>the most overweight stocks since 2013,</b>while on the other&nbsp;<b>virtually nobody was expecting a stronger global economy in the future,</b>an unprecedented divergence between these two data sets the likes of which has never once been seen in survey history.</p>\n<p><img src=\"https://static.tigerbbs.com/472afa8a6b8413291bc167343a25982a\" tg-width=\"500\" tg-height=\"276\" width=\"100%\" height=\"auto\"></p>\n<p>How does one make sense of this historic gap? Well, one doesn't - this is just Wall Street goalseeking any and all scenarios to make it seems that being all in risk is the only possible trade, and the only way this particular goalseek does not blow up is if the finance bros also \"believe\" that inflation is transitory (something not even the Fed is doing anymore), as a persistent inflation would lead to a painful repricing of all asset classes sharply lower. That's why despite sharply higher than expected October inflation data, a majority of FMS investors acknowledge that inflation is a risk but only 35% think it is permanent while 61% think it is transitory...</p>\n<p><img src=\"https://static.tigerbbs.com/2d208292bf564071339dc0b471577c20\" tg-width=\"500\" tg-height=\"271\" width=\"100%\" height=\"auto\"></p>\n<p>...while a net 14% of investors now expect global inflation will be lower, the lowest level since the onslaught of COVID-19 in Mar’20. In other words, 51% of investors expect lower inflation while 37% expect higher inflation.</p>\n<p><img src=\"https://static.tigerbbs.com/5bc4803979a4e56a1e64b2801cffdeea\" tg-width=\"500\" tg-height=\"280\" width=\"100%\" height=\"auto\"></p>\n<p>Setting aside how laughable Wall Street's delusion with \"transitory\" inflation has become when it is by now painfully obvious that prices will not revert to previous levels and at best will see the pace of galloping increase moderate somewhat, although in light of persistent wage growth one can just as easily argue that inflation will keep surging for years, the bigger question is what happens when the day of reckoning comes and Wall Street's conviction of transitory inflation comes crashing down - say we get another 2-3 outlier CPI prints; forcing Wall Street to stop ignoring the imminent threat posed by surging inflation.</p>\n<p>Trying to answer this question is JPMorgan quant Nick Panigirtzoglou, who in his latest&nbsp;<b>Flows and Liquidity</b>&nbsp;note titled \"<i>What if the rise in inflation volatility persists?</i>\" note (available to pro subs in the usual place) looks at what would happen to stocks if inflation volatility surges.</p>\n<p>The reason why is because as the Greek strategist explains, in his longer-term fair value framework for 10y real yields and the S&amp;P 500,<i>\"inflation volatility is an important input as a proxy for term premia in the former and for risk premia in the latter.\"</i>&nbsp; And with upside inflation shocks in the US and UK in the last week, JPMorgan notes that \"the question of the persistence of inflation has again featured heavily in our discussions with clients\" while the steep rise in inflation readings \"has also raised questions over inflation volatility.\"</p>\n<p>In other words,<b>what does a rise in inflation vol imply for real rates and equities?</b>To answer this question JPM updates its long-term fair value model for 10y UST yields and the S&amp;P 500.</p>\n<p>First, some background: Turning first to the former, the JPM model values the 10y real yield as a function of the real Fed funds rate, inflation volatility as a proxy for term premia, and three major components of net demand for dollar capital: from government, corporate and emerging market issuers. The bank measures these as the government deficit, the corporate financing gap (the difference between capex and corporate cash flow), and the EM current account balance, all as a % of US GDP.</p>\n<p>In theory, higher deficits by governments and corporates (ought to) exert upward pressure on yields as overall demand for capital rises, while external surpluses of EM countries ought to push US yields lower due to repayments of dollar-denominated debt and/or dollar asset accumulation by their central banks.</p>\n<p>In the JPM model, inflation volatility has a significant influence given a coefficient of 0.75. In other words,<b>a 100bp increase in inflation volatility would put 75bp of upward pressure on 10y real yields.</b>The next chart shows the 5y moving average of US CPI volatility over time, which shows that&nbsp;<b>inflation volatility has already risen markedly, from around 0.6% in 1Q21 to 1.6% after the October CPI release.</b>According to JPM, this metric looks likely to rise further, potentially to around 2.2% during 1H22 based on the bank's economists’ inflation forecasts before starting to drift lower.</p>\n<p>Based on JPM calculations,<b>the increase in inflation volatility that has already taken place would push up 10y real rates by 75bp.</b>And if inflation vol drifts further to 2.2% it could put an additional 40bp of upward pressure on real rates. In this risk scenario where inflation vol proves persistent and is fully incorporated into term premia in rate markets,<b>it would suggest a fair value for the 10y UST real yield of +40bp.</b></p>\n<p><img src=\"https://static.tigerbbs.com/023a11991b0ffce6fc93ec6dcf70fe8b\" tg-width=\"500\" tg-height=\"366\" width=\"100%\" height=\"auto\"></p>\n<p>As a quick aside, JPM here asks why do real yields remain so low, which as a reminder is the market's $64 trillion question as we discussed in \"The Most Important Question For The Market Is Identifying The Driver Behind Record Low Negative Real Rates\"? JPMorgan's response is that this is partly because markets price in negative real policy rates even a decade out. This is shown in the next chart which depicts&nbsp;<b>1m forward USD OIS rates starting in mid-December of each year and the 5-10y ahead inflation forecast from Consensus expectations.</b></p>\n<p><img src=\"https://static.tigerbbs.com/ccd80df0ef5e73ce1ed687c8f5affbf0\" tg-width=\"500\" tg-height=\"415\" width=\"100%\" height=\"auto\"></p>\n<p>This pricing also&nbsp;<i><b>stands in contrast</b></i>&nbsp;with JPM economists’ own revised Fed forecast of a start of the hiking cycle in September 2022 and quarterly 25bp hikes thereafter at least until real policy rates reach zero (2022 US economic outlook, Feroli et al, Nov 17th). This would&nbsp;suggest policy rates reaching&nbsp;2% by mid-2024 and potentially 2.5% by end-2024.</p>\n<p>Meanwhile, the broader bond market has - similar to the BofA Fund Manager Survey respondents -&nbsp; looked through the rise in inflation volatility thus far, \"treating it as a transitory shock.\" However, as Panigirtzoglou warns, \"<b>if inflation volatility remains elevated, say fluctuating around 1.5-2% for a prolonged period, this could start to put more meaningful upward pressure on term premia.\"</b>This could further be compounded by the Fed’s taper, given that one of the channels that QE operates through is via suppressing term premia.</p>\n<p>Bonds aside, what about the implications of a rise in inflation vol for equities, the one asset class which seems impervious to absolutely all negative newsflow and is only dependent on how much liquidity central banks will inject at any one moment?</p>\n<p>Well, as the JPM strategist notes, he had argued previously that equity markets have effectively looked through not only the surge in inflation vol but also the the rise in real GDP volatility, given the significant policy support from fiscal and monetary authorities. Effectively,</p>\n<p>following policy measures to smooth the impact of the pandemic on incomes and avoid a situation where disorderly markets, particularly credit markets, amplify the shock,<b>equity markets focused more on the eventual recovery in earnings than on the near term vol shock.</b>Indeed, after the Q2 2020 real GDP contraction in excess of 30% and the Q3 2020 expansion of a similar magnitude, the volatility of GDP readings has been markedly more modest – this is shown in Figure 6 with the red line, which excludes 2Q20 and 3Q20 from the exponentially weighted real GDP volatility calculation. In other words, the run rate of real GDP volatility, while still above pre-pandemic levels, has already shown signs of normalizing.</p>\n<p><img src=\"https://static.tigerbbs.com/600898b64dd12b6a2ec35d9d75603d35\" tg-width=\"500\" tg-height=\"415\" width=\"100%\" height=\"auto\"></p>\n<p>So how have equity markets processed the other vol shock, that of inflation? The next chart shows how JPM's fair value model would look like with three different scenarios applying after 1Q20.</p>\n<ul>\n <li>The first, shown in as the grey dotted line,<b>mechanically applies the headline increase in both real GDP and inflation vol.</b></li>\n <li>The second scenario looks through the shock in real GDP vol but incorporates the headline increase in inflation vol, shown as the black dotted line.</li>\n <li>The third and final scenario (red dotted line) assumes markets look through&nbsp;<b>both the real GDP vol shock as well as the rise in inflation vol.</b></li>\n</ul>\n<p><img src=\"https://static.tigerbbs.com/8aa93bbfad9e6ca54f47b040c62b688b\" tg-width=\"500\" tg-height=\"406\" width=\"100%\" height=\"auto\"></p>\n<p>Since the blue line - which is the actual S&amp;P500-&nbsp; has been tracking the red dotted line, it suggests that&nbsp;<b>equity markets have looked through both volatility shocks, effectively assuming both will prove to be temporary.</b></p>\n<p>As noted above, the run-rate of real GDP vol excluding the 2Q20 and 3Q20 swings around the trough of the pandemic-induced recession has already shown signs of normalizing, which suggests that markets looking through the real GDP vol shock has been a reasonable approach.</p>\n<p>And while it is clear that consensus is, as in the case of the FMS, that any kind of economic shock will be transitory, is it equally reasonable for both equity and bond markets to look through the inflation volatility shock?</p>\n<p>According to JPM, this ultimately depends on the nature of the current inflation shock. As the bank recent argued in last week's J.P. Morgan View last week, a big reason behind the inflation vol has come from energy prices and re-opening components, such as used and rental cars, vehicle insurance, lodging, airfares and food away from home, undoubtedly more affected by the Delta variant waves, and the fading of these drags has generated a rebound in services activity that is sparking a normalization in prices (at least until the current spike in cases leads to another round of lockdowns as we have already seen in Austria).</p>\n<p><img src=\"https://static.tigerbbs.com/07c47b449dd628ac3e9ae43a224334b2\" tg-width=\"500\" tg-height=\"366\" width=\"100%\" height=\"auto\"></p>\n<p>According to Panigirtzoglou, who like his quant colleague Marko Kolanovic has traditionally been extremely bullish on stocks and bearish on cryptos - because any agent of the establishment system can not possibly support both fiat-driven and digital gold-based assets -&nbsp; these volatile components \"should ultimately stabilize and the accompanying volatility they have induced should fade.\" Of course, this is almost completely wrong, just as wrong as Goldman's monthly inflation forecasts for all of 2021, and JPM does in fact admit that it could be wrong conceding that \"there has been some upward pressure on inflation readings beyond these components, pointing to some persistence in inflation risks.\" Then again, in keeping with the bank's bullish mandate, Panigirtzoglou concldues that \"provided these persistent pressures do not also become more volatile, or provided market participants have confidence that central banks will respond to contain these pressures, markets can still look through inflation volatility.\"</p>\n<p>However, in a surprising reversal from the bank's uniform and stbborn bullishness, the JPM quant acknowledges&nbsp;<b>there is risk that inflation volatility could stay elevated for a longer period, which could eventually feed through to markets pricing in higher term premia and risk premia that would put upward pressure on real yields and downward pressure on equities.</b></p>\n<p>The outcome for stocks?<b>An S&amp;P500 which collapses to its \"fair value\" of 2,500 as all those inflation and GDP shocks that the market has so eagerly ignored so far, turn out to be persistent, and crush risk assets.</b></p>\n<p>However, before anyone goes and accuses JPMorgan of being bearish, Panigirtzoglou emphasizes \"that this is a risk scenario, not a&nbsp; baseline view.\" Translation: \"<b>this is what will happen, we just don't want to tell our bullish clients just yet.\"</b></p>","source":"lsy1637562375790","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>JPMorgan Warns S&P Fair Value Is 2,500 If Inflation Shocks Do Not Fade Away</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJPMorgan Warns S&P Fair Value Is 2,500 If Inflation Shocks Do Not Fade Away\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-22 14:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/jpmorgan-warns-sp-fair-value-2500-if-inflation-shocks-accelerate><strong>Zero Hedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Last week, when discussing the latest Bank of America Fund Manager Survey, we pointed out that yet another paradox had emerged: on one hand, Wall Street professionals were the most overweight stocks ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/jpmorgan-warns-sp-fair-value-2500-if-inflation-shocks-accelerate\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.zerohedge.com/markets/jpmorgan-warns-sp-fair-value-2500-if-inflation-shocks-accelerate","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1142428650","content_text":"Last week, when discussing the latest Bank of America Fund Manager Survey, we pointed out that yet another paradox had emerged: on one hand, Wall Street professionals were the most overweight stocks since 2013,while on the other virtually nobody was expecting a stronger global economy in the future,an unprecedented divergence between these two data sets the likes of which has never once been seen in survey history.\n\nHow does one make sense of this historic gap? Well, one doesn't - this is just Wall Street goalseeking any and all scenarios to make it seems that being all in risk is the only possible trade, and the only way this particular goalseek does not blow up is if the finance bros also \"believe\" that inflation is transitory (something not even the Fed is doing anymore), as a persistent inflation would lead to a painful repricing of all asset classes sharply lower. That's why despite sharply higher than expected October inflation data, a majority of FMS investors acknowledge that inflation is a risk but only 35% think it is permanent while 61% think it is transitory...\n\n...while a net 14% of investors now expect global inflation will be lower, the lowest level since the onslaught of COVID-19 in Mar’20. In other words, 51% of investors expect lower inflation while 37% expect higher inflation.\n\nSetting aside how laughable Wall Street's delusion with \"transitory\" inflation has become when it is by now painfully obvious that prices will not revert to previous levels and at best will see the pace of galloping increase moderate somewhat, although in light of persistent wage growth one can just as easily argue that inflation will keep surging for years, the bigger question is what happens when the day of reckoning comes and Wall Street's conviction of transitory inflation comes crashing down - say we get another 2-3 outlier CPI prints; forcing Wall Street to stop ignoring the imminent threat posed by surging inflation.\nTrying to answer this question is JPMorgan quant Nick Panigirtzoglou, who in his latest Flows and Liquidity note titled \"What if the rise in inflation volatility persists?\" note (available to pro subs in the usual place) looks at what would happen to stocks if inflation volatility surges.\nThe reason why is because as the Greek strategist explains, in his longer-term fair value framework for 10y real yields and the S&P 500,\"inflation volatility is an important input as a proxy for term premia in the former and for risk premia in the latter.\"  And with upside inflation shocks in the US and UK in the last week, JPMorgan notes that \"the question of the persistence of inflation has again featured heavily in our discussions with clients\" while the steep rise in inflation readings \"has also raised questions over inflation volatility.\"\nIn other words,what does a rise in inflation vol imply for real rates and equities?To answer this question JPM updates its long-term fair value model for 10y UST yields and the S&P 500.\nFirst, some background: Turning first to the former, the JPM model values the 10y real yield as a function of the real Fed funds rate, inflation volatility as a proxy for term premia, and three major components of net demand for dollar capital: from government, corporate and emerging market issuers. The bank measures these as the government deficit, the corporate financing gap (the difference between capex and corporate cash flow), and the EM current account balance, all as a % of US GDP.\nIn theory, higher deficits by governments and corporates (ought to) exert upward pressure on yields as overall demand for capital rises, while external surpluses of EM countries ought to push US yields lower due to repayments of dollar-denominated debt and/or dollar asset accumulation by their central banks.\nIn the JPM model, inflation volatility has a significant influence given a coefficient of 0.75. In other words,a 100bp increase in inflation volatility would put 75bp of upward pressure on 10y real yields.The next chart shows the 5y moving average of US CPI volatility over time, which shows that inflation volatility has already risen markedly, from around 0.6% in 1Q21 to 1.6% after the October CPI release.According to JPM, this metric looks likely to rise further, potentially to around 2.2% during 1H22 based on the bank's economists’ inflation forecasts before starting to drift lower.\nBased on JPM calculations,the increase in inflation volatility that has already taken place would push up 10y real rates by 75bp.And if inflation vol drifts further to 2.2% it could put an additional 40bp of upward pressure on real rates. In this risk scenario where inflation vol proves persistent and is fully incorporated into term premia in rate markets,it would suggest a fair value for the 10y UST real yield of +40bp.\n\nAs a quick aside, JPM here asks why do real yields remain so low, which as a reminder is the market's $64 trillion question as we discussed in \"The Most Important Question For The Market Is Identifying The Driver Behind Record Low Negative Real Rates\"? JPMorgan's response is that this is partly because markets price in negative real policy rates even a decade out. This is shown in the next chart which depicts 1m forward USD OIS rates starting in mid-December of each year and the 5-10y ahead inflation forecast from Consensus expectations.\n\nThis pricing also stands in contrast with JPM economists’ own revised Fed forecast of a start of the hiking cycle in September 2022 and quarterly 25bp hikes thereafter at least until real policy rates reach zero (2022 US economic outlook, Feroli et al, Nov 17th). This would suggest policy rates reaching 2% by mid-2024 and potentially 2.5% by end-2024.\nMeanwhile, the broader bond market has - similar to the BofA Fund Manager Survey respondents -  looked through the rise in inflation volatility thus far, \"treating it as a transitory shock.\" However, as Panigirtzoglou warns, \"if inflation volatility remains elevated, say fluctuating around 1.5-2% for a prolonged period, this could start to put more meaningful upward pressure on term premia.\"This could further be compounded by the Fed’s taper, given that one of the channels that QE operates through is via suppressing term premia.\nBonds aside, what about the implications of a rise in inflation vol for equities, the one asset class which seems impervious to absolutely all negative newsflow and is only dependent on how much liquidity central banks will inject at any one moment?\nWell, as the JPM strategist notes, he had argued previously that equity markets have effectively looked through not only the surge in inflation vol but also the the rise in real GDP volatility, given the significant policy support from fiscal and monetary authorities. Effectively,\nfollowing policy measures to smooth the impact of the pandemic on incomes and avoid a situation where disorderly markets, particularly credit markets, amplify the shock,equity markets focused more on the eventual recovery in earnings than on the near term vol shock.Indeed, after the Q2 2020 real GDP contraction in excess of 30% and the Q3 2020 expansion of a similar magnitude, the volatility of GDP readings has been markedly more modest – this is shown in Figure 6 with the red line, which excludes 2Q20 and 3Q20 from the exponentially weighted real GDP volatility calculation. In other words, the run rate of real GDP volatility, while still above pre-pandemic levels, has already shown signs of normalizing.\n\nSo how have equity markets processed the other vol shock, that of inflation? The next chart shows how JPM's fair value model would look like with three different scenarios applying after 1Q20.\n\nThe first, shown in as the grey dotted line,mechanically applies the headline increase in both real GDP and inflation vol.\nThe second scenario looks through the shock in real GDP vol but incorporates the headline increase in inflation vol, shown as the black dotted line.\nThe third and final scenario (red dotted line) assumes markets look through both the real GDP vol shock as well as the rise in inflation vol.\n\n\nSince the blue line - which is the actual S&P500-  has been tracking the red dotted line, it suggests that equity markets have looked through both volatility shocks, effectively assuming both will prove to be temporary.\nAs noted above, the run-rate of real GDP vol excluding the 2Q20 and 3Q20 swings around the trough of the pandemic-induced recession has already shown signs of normalizing, which suggests that markets looking through the real GDP vol shock has been a reasonable approach.\nAnd while it is clear that consensus is, as in the case of the FMS, that any kind of economic shock will be transitory, is it equally reasonable for both equity and bond markets to look through the inflation volatility shock?\nAccording to JPM, this ultimately depends on the nature of the current inflation shock. As the bank recent argued in last week's J.P. Morgan View last week, a big reason behind the inflation vol has come from energy prices and re-opening components, such as used and rental cars, vehicle insurance, lodging, airfares and food away from home, undoubtedly more affected by the Delta variant waves, and the fading of these drags has generated a rebound in services activity that is sparking a normalization in prices (at least until the current spike in cases leads to another round of lockdowns as we have already seen in Austria).\n\nAccording to Panigirtzoglou, who like his quant colleague Marko Kolanovic has traditionally been extremely bullish on stocks and bearish on cryptos - because any agent of the establishment system can not possibly support both fiat-driven and digital gold-based assets -  these volatile components \"should ultimately stabilize and the accompanying volatility they have induced should fade.\" Of course, this is almost completely wrong, just as wrong as Goldman's monthly inflation forecasts for all of 2021, and JPM does in fact admit that it could be wrong conceding that \"there has been some upward pressure on inflation readings beyond these components, pointing to some persistence in inflation risks.\" Then again, in keeping with the bank's bullish mandate, Panigirtzoglou concldues that \"provided these persistent pressures do not also become more volatile, or provided market participants have confidence that central banks will respond to contain these pressures, markets can still look through inflation volatility.\"\nHowever, in a surprising reversal from the bank's uniform and stbborn bullishness, the JPM quant acknowledges there is risk that inflation volatility could stay elevated for a longer period, which could eventually feed through to markets pricing in higher term premia and risk premia that would put upward pressure on real yields and downward pressure on equities.\nThe outcome for stocks?An S&P500 which collapses to its \"fair value\" of 2,500 as all those inflation and GDP shocks that the market has so eagerly ignored so far, turn out to be persistent, and crush risk assets.\nHowever, before anyone goes and accuses JPMorgan of being bearish, Panigirtzoglou emphasizes \"that this is a risk scenario, not a  baseline view.\" Translation: \"this is what will happen, we just don't want to tell our bullish clients just yet.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":242,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":873166078,"gmtCreate":1636887935082,"gmtModify":1636887935082,"author":{"id":"4088827125361240","authorId":"4088827125361240","name":"LittleSaves","avatar":"https://static.tigerbbs.com/efd012c1b62a71ce51ff9924a1d01ace","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Good 👍","listText":"Good 👍","text":"Good 👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/873166078","repostId":"1103944030","repostType":4,"repost":{"id":"1103944030","pubTimestamp":1636857439,"share":"https://www.laohu8.com/m/news/1103944030?lang=&edition=full","pubTime":"2021-11-14 10:37","market":"us","language":"en","title":"These are the next three mega-cap tech stocks you’ll be hearing more about","url":"https://stock-news.laohu8.com/highlight/detail?id=1103944030","media":"MarketWatch","summary":"AMD is among companies poised to eclipse $200 billion in market value\nAMD Chief Executive Lisa Su is","content":"<p>AMD is among companies poised to eclipse $200 billion in market value</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8977785546ccb691b11117bea0aa1480\" tg-width=\"1320\" tg-height=\"742\" referrerpolicy=\"no-referrer\"><span>AMD Chief Executive Lisa Su is seen in 2017. AFP via Getty Images</span></p>\n<p>As technology stocks have led the market for the better part of a dozen years, there are now 15 companies in the sector that have risen to mega-cap status — those valued at $200 billion or more.</p>\n<p>Five are valued at more than $1 trillion, including electric-vehicle maker Tesla,which I consider a tech company.</p>\n<p>Bets have been placed on which companies will rise to a trillion next, with Meta Platforms&nbsp;— aka Facebook — at the top of most lists and&nbsp;Nvidia,sitting on top of mine as a call I made 14 months ago.</p>\n<p>Perhaps harder than rising from north of half a trillion to a trillion is rising from less than&nbsp;$200 billion&nbsp;to break the threshold into mega-cap status.</p>\n<p>However, a few companies look destined for this outcome precisely, and I believe three have an incredibly compelling case to get there within the next 12 to 18 months — if not sooner.</p>\n<p><b>1. ServiceNow:</b>&nbsp;ServiceNow&nbsp;has been on an incredible run for more than a decade. From 2010 to 2020, revenues grew at a 59.2% average annual rate, while its stock rose at 44% a year. The company finished the 2020 calendar year at about $4.5 billion in revenue, and its trailing 12 months have surged close to $5.5 billion.</p>\n<p>The company now has more than 1,266 customers with a million or more dollars in recurring revenue, and is seeing this number grow at a substantial rate, including 25% in its most recent quarter.</p>\n<p>Beyond the numbers, the company’s technology, which enables companies to automate and implement digital workflows, continues to prove robust and best of breed. The most recent release of its Rome platform, three additional acquisitions to expand its portfolio and a deepened partnership with Microsoft&nbsp;are just a few recent highlights that provide the company a pathway to growth that should accelerate based on trends including app modernization, hybrid work, workflow automation, and even enterprise ESG initiatives.</p>\n<p>It’s hard to see ServiceNow not providing the robust growth that will take its market cap above $200 billion.&nbsp;The company’s market value is about $138 billion as of Monday.</p>\n<p><b>2. Qualcomm:</b>Qualcomm’s&nbsp;strong earnings report released last week — earnings per share jumped 76% year over year and revenue rose 43% — helped drive the stock to over $160 from the low $120s in mid-October.</p>\n<p>Consequently, that took the company’s market cap from about $145 billion to over $180 billion in just a matter of days. It serves as a timely reminder of how quickly a tech company in the right markets can produce momentum.</p>\n<p>Qualcomm, while best known as a chip provider for mobile handsets, is rapidly becoming a much bigger force in many categories, including the internet of things (IoT), automotive and wireless RFFE. With IoT and wireless RFFE surpassing a billion dollars a quarter in revenue, and automotive reaching nearly a billion in annual revenue with a $10 billion design pipeline, the company is becoming increasingly diversified. Thirty-eight percent of revenue in its QCT semiconductor business is now unrelated to handsets.</p>\n<p>Perhaps these adjacent business successes alone could catapult the company’s market value to over $200 billion, but what Qualcomm also has going for it is an undisputable global market leadership in 5G, which will continue to accelerate its handset business, as well as all of its adjacencies and massive licensing business.</p>\n<p><b>3. AMD:</b>&nbsp;I’ve been critical at times of Advanced Micro Devices,and sometimes you have to lean into calls you get wrong. While Intel&nbsp;under new CEO Pat Gelsinger shows more ambition and clear direction, AMD under Lisa Su has been on an absolute tear.</p>\n<p>In August, Mercury Research reported that AMD’s 22.5% x86 market share was its best in 14 years. With 4.2% year-over-year market share growth in its second quarter and another 54% overall revenue growth in the third quarter, the company’s market share gains look likely to continue.</p>\n<p>While I do think Intel is quickly patching its gaps and going to be a much more robust competitor, I believe the overall demand for CPUs (central processing units), GPUs (graphics processing units) and FPGAs (field-programmable gate arrays) will drive a larger total addressable market, and AMD’s going to grow revenues even if market share gains level off.</p>\n<p>Speaking of FPGA’s, the impending Xilinx deal, which I believe will gain regulatory approval, hasn’t been accounted for by many investors.</p>\n<p>AMD’s market value rose to over $180 billion Monday after the stock surged more than 10%. The company on Monday announced a range of news, including the fact that Meta will use its Epyc processors in its data center computers.</p>\n<p>After those three, I would add Micron Technology&nbsp;as an honorable mention. The company sits at closer to $85 billion in market cap. Still, as our thirst for compute continues to grow, the need for memory technology will scale dramatically, making Micron a significant beneficiary along with the likes of Samsung, which already sits well inside mega-cap territory.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>These are the next three mega-cap tech stocks you’ll be hearing more about</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\">\nThese are the next three mega-cap tech stocks you’ll be hearing more about\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-14 10:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/these-are-the-next-three-mega-cap-tech-stocks-youll-be-hearing-more-about-11636392083?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>AMD is among companies poised to eclipse $200 billion in market value\nAMD Chief Executive Lisa Su is seen in 2017. AFP via Getty Images\nAs technology stocks have led the market for the better part of ...</p>\n\n<a href=\"https://www.marketwatch.com/story/these-are-the-next-three-mega-cap-tech-stocks-youll-be-hearing-more-about-11636392083?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":{},"source_url":"https://www.marketwatch.com/story/these-are-the-next-three-mega-cap-tech-stocks-youll-be-hearing-more-about-11636392083?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103944030","content_text":"AMD is among companies poised to eclipse $200 billion in market value\nAMD Chief Executive Lisa Su is seen in 2017. AFP via Getty Images\nAs technology stocks have led the market for the better part of a dozen years, there are now 15 companies in the sector that have risen to mega-cap status — those valued at $200 billion or more.\nFive are valued at more than $1 trillion, including electric-vehicle maker Tesla,which I consider a tech company.\nBets have been placed on which companies will rise to a trillion next, with Meta Platforms — aka Facebook — at the top of most lists and Nvidia,sitting on top of mine as a call I made 14 months ago.\nPerhaps harder than rising from north of half a trillion to a trillion is rising from less than $200 billion to break the threshold into mega-cap status.\nHowever, a few companies look destined for this outcome precisely, and I believe three have an incredibly compelling case to get there within the next 12 to 18 months — if not sooner.\n1. ServiceNow: ServiceNow has been on an incredible run for more than a decade. From 2010 to 2020, revenues grew at a 59.2% average annual rate, while its stock rose at 44% a year. The company finished the 2020 calendar year at about $4.5 billion in revenue, and its trailing 12 months have surged close to $5.5 billion.\nThe company now has more than 1,266 customers with a million or more dollars in recurring revenue, and is seeing this number grow at a substantial rate, including 25% in its most recent quarter.\nBeyond the numbers, the company’s technology, which enables companies to automate and implement digital workflows, continues to prove robust and best of breed. The most recent release of its Rome platform, three additional acquisitions to expand its portfolio and a deepened partnership with Microsoft are just a few recent highlights that provide the company a pathway to growth that should accelerate based on trends including app modernization, hybrid work, workflow automation, and even enterprise ESG initiatives.\nIt’s hard to see ServiceNow not providing the robust growth that will take its market cap above $200 billion. The company’s market value is about $138 billion as of Monday.\n2. Qualcomm:Qualcomm’s strong earnings report released last week — earnings per share jumped 76% year over year and revenue rose 43% — helped drive the stock to over $160 from the low $120s in mid-October.\nConsequently, that took the company’s market cap from about $145 billion to over $180 billion in just a matter of days. It serves as a timely reminder of how quickly a tech company in the right markets can produce momentum.\nQualcomm, while best known as a chip provider for mobile handsets, is rapidly becoming a much bigger force in many categories, including the internet of things (IoT), automotive and wireless RFFE. With IoT and wireless RFFE surpassing a billion dollars a quarter in revenue, and automotive reaching nearly a billion in annual revenue with a $10 billion design pipeline, the company is becoming increasingly diversified. Thirty-eight percent of revenue in its QCT semiconductor business is now unrelated to handsets.\nPerhaps these adjacent business successes alone could catapult the company’s market value to over $200 billion, but what Qualcomm also has going for it is an undisputable global market leadership in 5G, which will continue to accelerate its handset business, as well as all of its adjacencies and massive licensing business.\n3. AMD: I’ve been critical at times of Advanced Micro Devices,and sometimes you have to lean into calls you get wrong. While Intel under new CEO Pat Gelsinger shows more ambition and clear direction, AMD under Lisa Su has been on an absolute tear.\nIn August, Mercury Research reported that AMD’s 22.5% x86 market share was its best in 14 years. With 4.2% year-over-year market share growth in its second quarter and another 54% overall revenue growth in the third quarter, the company’s market share gains look likely to continue.\nWhile I do think Intel is quickly patching its gaps and going to be a much more robust competitor, I believe the overall demand for CPUs (central processing units), GPUs (graphics processing units) and FPGAs (field-programmable gate arrays) will drive a larger total addressable market, and AMD’s going to grow revenues even if market share gains level off.\nSpeaking of FPGA’s, the impending Xilinx deal, which I believe will gain regulatory approval, hasn’t been accounted for by many investors.\nAMD’s market value rose to over $180 billion Monday after the stock surged more than 10%. The company on Monday announced a range of news, including the fact that Meta will use its Epyc processors in its data center computers.\nAfter those three, I would add Micron Technology as an honorable mention. The company sits at closer to $85 billion in market cap. Still, as our thirst for compute continues to grow, the need for memory technology will scale dramatically, making Micron a significant beneficiary along with the likes of Samsung, which already sits well inside mega-cap territory.","news_type":1},"isVote":1,"tweetType":1,"viewCount":605,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":846506153,"gmtCreate":1636092073447,"gmtModify":1636092256733,"author":{"id":"4088827125361240","authorId":"4088827125361240","name":"LittleSaves","avatar":"https://static.tigerbbs.com/efd012c1b62a71ce51ff9924a1d01ace","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/846506153","repostId":"1108861905","repostType":4,"repost":{"id":"1108861905","pubTimestamp":1636090549,"share":"https://www.laohu8.com/m/news/1108861905?lang=&edition=full","pubTime":"2021-11-05 13:35","market":"us","language":"en","title":"Berkshire Hathaway Q3 FY2021 Earnings Report Preview: What to Look For","url":"https://stock-news.laohu8.com/highlight/detail?id=1108861905","media":"Investopedia","summary":"KEY TAKEAWAYS\n\nAnalysts estimate EPS of $5,949.01 vs. $18,994.0 in Q3 FY 2020.\nOperating income is e","content":"<p>KEY TAKEAWAYS</p>\n<ul>\n <li>Analysts estimate EPS of $5,949.01 vs. $18,994.0 in Q3 FY 2020.</li>\n <li>Operating income is expected to grow YOY at an accelerating rate relative to recent quarters.</li>\n <li>Berkshire Hathaway's revenue is expected to decline at the fastest rate since Q1 FY 2020, the beginning of the COVID-19 pandemic.</li>\n</ul>\n<p>Berkshire Hathaway Inc. (BRK.A) has staged a rapid recovery in 2021 from the most negative effects of the COVID-19 pandemic. In its latest reported quarter, Berkshire's core railroad, utility and energy businesses posted major profit increases as its manufacturing, service and retailing businesses also saw sizable recoveries in revenue and profit, some surpassing pre-pandemic levels. At the same time, insurance underwriting operating earnings fell year-over-year (YOY).1</p>\n<p>Investors will be watching to see if the Berkshire Hathaway's recovery has continued when the company reports financial results for Q3 FY 2021 on Nov. 6, 2021.2The news may be mixed. Analysts expect the company to report YOY declines to both earnings per share (EPS) and revenue.3</p>\n<p>Investors, however, may get good news in Q3 from another key metric. Analysts expect Berkshire's operating income to grow at the fastest rate in at least two years.3Operating income excludes income from Berkshire's massive investment portfolio. As a result, operating income is a way for investors to clearly assess how Berkshire's insurance, railway, energy, retail and other businesses have performed.3</p>\n<p>Berkshire Hathaway's class A shares have traded largely in line with the market in the past year. In early February 2020 the stock broke away, climbing to high points in May and June before pulling back slightly. Since then, Berkshire class A shares have generally traded sideways, although the stock has continued to outperform the broader market. These shares now provide a 1-year trailing total return of 40.0%, slightly ahead of the S&amp;P 500's total return of 38.3% over the same time period.</p>\n<p>Berkshire Hathaway Earnings History</p>\n<p>Berkshire Hathaway's quarterly EPS was heavily impacted by the COVID-19 pandemic in Q1 FY 2020. The plunge in the stock market, and thus the value of the company's investment portfolio, helped inflict a record $49.7 billion loss at Berkshire.4</p>\n<p>For that quarter, the company reported a loss per share of $30,653.00. Berkshire's performance swung to positive EPS in both Q2 and Q3 FY 2020, nearly doubling YOY. This momentum has proven difficult to maintain. While Berkshire posted its fifth straight quarter of positive EPS in Q2 FY 2021, the 13.3% gain was the weakest growth rate in several quarters. For Q3 2021, analysts expect EPS to plunge 68.7%.3</p>\n<p>Berkshire Hathaway's revenue growth has erratic in recent quarters. It posted negative revenue in Q1 FY 2020, followed by revenue gains of 31.4%, 24.8%, and 7.73% in Q2, Q3, and Q4 FY 2020, respectively. For Q2 FY 2021, revenue declined slightly. Analysts now expect revenue to plunge 21.4% YOY in Q3 FY 2021.</p>\n<p>Berkshire Hathaway Key Stats</p>\n<table>\n <tbody>\n  <tr>\n   <td></td>\n   <td>Estimate for Q3 FY 2021</td>\n   <td>Q3 FY 2020</td>\n   <td>Q3 FY 2019</td>\n  </tr>\n  <tr>\n   <td>Earnings Per Share</td>\n   <td>$5,949.01</td>\n   <td>$18,994.00</td>\n   <td>$10,119.00</td>\n  </tr>\n  <tr>\n   <td>Revenue (B)</td>\n   <td>$74.2</td>\n   <td>$94.4</td>\n   <td>$75.7</td>\n  </tr>\n  <tr>\n   <td>Operating Income (B)</td>\n   <td>$7.0</td>\n   <td>$5.4</td>\n   <td>$7.8</td>\n  </tr>\n </tbody>\n</table>\n<p>The Key Metric</p>\n<p>As mentioned above, a key measure of Berkshire's underlying businesses is&nbsp;operating income, which excludes the company's investment income. This is particularly important for Berkshire because it has significant investment holdings, including sizable stock holdings in major public companies. These investments can cause Berkshire's earnings to change dramatically from quarter to quarter, fueled by swings in the market. Excluding the investment portfolio's income is a helpful way for investors to see how the company's broad range of operating businesses have performed.</p>\n<p>Berkshire Hathaway's operating income was severely affected by the pandemic last year. It showed the first signs of weakness when it grew only 5.7% in Q1 2020. Then operating income plunged 10.2% in Q2 and 30.7% in Q3 2020 as the pandemic inflicted broader damage on the U.S. and global economy. Since then, operating income has steadily accelerated over the following three quarters: from 13.2% YOY in Q4 FY 2020 to 19.5% and 21.3% YOY in Q1 and Q2 FY 2021, respectively. For Q3 2021, analysts expect further acceleration, with operating profit rising 28.1%, the fastest increase in at least 10 quarters.</p>","source":"lsy1606203311635","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>Berkshire Hathaway Q3 FY2021 Earnings Report Preview: What to Look For</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\">\nBerkshire Hathaway Q3 FY2021 Earnings Report Preview: What to Look For\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-05 13:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.investopedia.com/berkshire-hathaway-q3-fy2021-earnings-report-preview-5208434?utm_campaign=quote-yahoo&utm_source=yahoo&utm_medium=referral><strong>Investopedia</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY TAKEAWAYS\n\nAnalysts estimate EPS of $5,949.01 vs. $18,994.0 in Q3 FY 2020.\nOperating income is expected to grow YOY at an accelerating rate relative to recent quarters.\nBerkshire Hathaway's ...</p>\n\n<a href=\"https://www.investopedia.com/berkshire-hathaway-q3-fy2021-earnings-report-preview-5208434?utm_campaign=quote-yahoo&utm_source=yahoo&utm_medium=referral\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.B":"伯克希尔B","BRK.A":"伯克希尔"},"source_url":"https://www.investopedia.com/berkshire-hathaway-q3-fy2021-earnings-report-preview-5208434?utm_campaign=quote-yahoo&utm_source=yahoo&utm_medium=referral","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108861905","content_text":"KEY TAKEAWAYS\n\nAnalysts estimate EPS of $5,949.01 vs. $18,994.0 in Q3 FY 2020.\nOperating income is expected to grow YOY at an accelerating rate relative to recent quarters.\nBerkshire Hathaway's revenue is expected to decline at the fastest rate since Q1 FY 2020, the beginning of the COVID-19 pandemic.\n\nBerkshire Hathaway Inc. (BRK.A) has staged a rapid recovery in 2021 from the most negative effects of the COVID-19 pandemic. In its latest reported quarter, Berkshire's core railroad, utility and energy businesses posted major profit increases as its manufacturing, service and retailing businesses also saw sizable recoveries in revenue and profit, some surpassing pre-pandemic levels. At the same time, insurance underwriting operating earnings fell year-over-year (YOY).1\nInvestors will be watching to see if the Berkshire Hathaway's recovery has continued when the company reports financial results for Q3 FY 2021 on Nov. 6, 2021.2The news may be mixed. Analysts expect the company to report YOY declines to both earnings per share (EPS) and revenue.3\nInvestors, however, may get good news in Q3 from another key metric. Analysts expect Berkshire's operating income to grow at the fastest rate in at least two years.3Operating income excludes income from Berkshire's massive investment portfolio. As a result, operating income is a way for investors to clearly assess how Berkshire's insurance, railway, energy, retail and other businesses have performed.3\nBerkshire Hathaway's class A shares have traded largely in line with the market in the past year. In early February 2020 the stock broke away, climbing to high points in May and June before pulling back slightly. Since then, Berkshire class A shares have generally traded sideways, although the stock has continued to outperform the broader market. These shares now provide a 1-year trailing total return of 40.0%, slightly ahead of the S&P 500's total return of 38.3% over the same time period.\nBerkshire Hathaway Earnings History\nBerkshire Hathaway's quarterly EPS was heavily impacted by the COVID-19 pandemic in Q1 FY 2020. The plunge in the stock market, and thus the value of the company's investment portfolio, helped inflict a record $49.7 billion loss at Berkshire.4\nFor that quarter, the company reported a loss per share of $30,653.00. Berkshire's performance swung to positive EPS in both Q2 and Q3 FY 2020, nearly doubling YOY. This momentum has proven difficult to maintain. While Berkshire posted its fifth straight quarter of positive EPS in Q2 FY 2021, the 13.3% gain was the weakest growth rate in several quarters. For Q3 2021, analysts expect EPS to plunge 68.7%.3\nBerkshire Hathaway's revenue growth has erratic in recent quarters. It posted negative revenue in Q1 FY 2020, followed by revenue gains of 31.4%, 24.8%, and 7.73% in Q2, Q3, and Q4 FY 2020, respectively. For Q2 FY 2021, revenue declined slightly. Analysts now expect revenue to plunge 21.4% YOY in Q3 FY 2021.\nBerkshire Hathaway Key Stats\n\n\n\n\nEstimate for Q3 FY 2021\nQ3 FY 2020\nQ3 FY 2019\n\n\nEarnings Per Share\n$5,949.01\n$18,994.00\n$10,119.00\n\n\nRevenue (B)\n$74.2\n$94.4\n$75.7\n\n\nOperating Income (B)\n$7.0\n$5.4\n$7.8\n\n\n\nThe Key Metric\nAs mentioned above, a key measure of Berkshire's underlying businesses is operating income, which excludes the company's investment income. This is particularly important for Berkshire because it has significant investment holdings, including sizable stock holdings in major public companies. These investments can cause Berkshire's earnings to change dramatically from quarter to quarter, fueled by swings in the market. Excluding the investment portfolio's income is a helpful way for investors to see how the company's broad range of operating businesses have performed.\nBerkshire Hathaway's operating income was severely affected by the pandemic last year. It showed the first signs of weakness when it grew only 5.7% in Q1 2020. Then operating income plunged 10.2% in Q2 and 30.7% in Q3 2020 as the pandemic inflicted broader damage on the U.S. and global economy. Since then, operating income has steadily accelerated over the following three quarters: from 13.2% YOY in Q4 FY 2020 to 19.5% and 21.3% YOY in Q1 and Q2 FY 2021, respectively. For Q3 2021, analysts expect further acceleration, with operating profit rising 28.1%, the fastest increase in at least 10 quarters.","news_type":1},"isVote":1,"tweetType":1,"viewCount":481,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":854763393,"gmtCreate":1635483956537,"gmtModify":1635483956772,"author":{"id":"4088827125361240","authorId":"4088827125361240","name":"LittleSaves","avatar":"https://static.tigerbbs.com/efd012c1b62a71ce51ff9924a1d01ace","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"MAANG","listText":"MAANG","text":"MAANG","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/854763393","repostId":"1166927726","repostType":4,"isVote":1,"tweetType":1,"viewCount":511,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":855437226,"gmtCreate":1635389143191,"gmtModify":1635389143191,"author":{"id":"4088827125361240","authorId":"4088827125361240","name":"LittleSaves","avatar":"https://static.tigerbbs.com/efd012c1b62a71ce51ff9924a1d01ace","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Will Tesla go higher?","listText":"Will Tesla go higher?","text":"Will Tesla go higher?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/855437226","repostId":"2178123434","repostType":4,"repost":{"id":"2178123434","pubTimestamp":1635388914,"share":"https://www.laohu8.com/m/news/2178123434?lang=&edition=full","pubTime":"2021-10-28 10:41","market":"us","language":"en","title":"Tesla drives up S&P 500's disruptive tech exposure as the index rides to record highs in October","url":"https://stock-news.laohu8.com/highlight/detail?id=2178123434","media":"MarketWatch","summary":"Could the S&P 500's tech exposure reach 50% in 2030? 'The way things are going, it will come long be","content":"<p>Could the S&amp;P 500's tech exposure reach 50% in 2030? 'The way things are going, it will come long before that,' says DataTrek</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/06c33e027aeb8be8f82d2fb5614f2197\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"><span>The back of a Tesla car Model 3 is seen at a Tesla shop inside of a shopping Mall in Beijing on May 25, 2021.</span></p>\n<p>Tesla is driving up the S&amp;P 500 index's exposure to disruptive technology, with Big Tech helping to lift the U.S. stock-market benchmark to new peaks this month.</p>\n<p>The S&amp;P 500's technology sector plus Google parent Alphabet, <a href=\"https://laohu8.com/S/FB\">Facebook</a>, Amazon.com and Tesla add up to 40% of the market-capitalization-weighted index, according to a DataTrek Research note Wednesday. \"No other broad market index around the world has a 24 percent weight to its top 6 names,\" which also include Apple&nbsp;and Microsoft, the note shows.</p>\n<p>\"We've halfway joked since starting DataTrek that 'Tech' would eventually be 50 percent of the S&amp;P 500 but thought that was maybe a 2030 event,\" said Nicholas Colas, co-founder of DataTrek, in the note. \"The way things are going, it will come long before that.\"</p>\n<p>Tesla's market value rose to more than $1 trillion this week as shares of the electric-vehicle company rallied to a record high after Hertz Global Holdings announced plans to order its cars. Tesla, co-founded by its chief executive officer Elon Musk, joined the S&amp;P 500 in December.</p>\n<p>The S&amp;P 500 closed at another new peak Tuesday and fell about 0.5% lower Wednesday. Shares of Tesla&nbsp;rose almost 2%, bringing the electric-car company's gains to around 34% in October and about 47% so far this year, the data show, at last check.</p>\n<p>\"Tesla's rally is making the S&amp;P 500 even more of a concentrated bet on disruptive technology,\" Colas wrote, pegging it at 2.1% of the index. Tesla is \"now solidly in 'must watch' territory along with the rest of U.S. Big Tech for its potential impact on day to day moves in the S&amp;P 500.\"</p>\n<p>Information technology , communication services and consumer discretionary were the only sectors in the S&amp;P 500 trading up Wednesday afternoon, according to FactSet data. Tesla and Amazon are part of the index's consumer discretionary sector , while Google and Facebook (FB) fall within communication services in the S&amp;P 500, the DataTrek note shows.</p>\n<p>The S&amp;P 500 consumer discretionary sector&nbsp;can longer be used as a proxy for U.S. consumer spending, according to DataTrek.</p>\n<p>\"That's because Amazon&nbsp;and Tesla are 20 percent and 19 percent of the index each, or 39 percent together,\" Colas wrote. \"The names you associate with this group, like Home Depot (9 percent weight) and McDonald's (4 pct), don't have much influence.\"</p>\n<p>While the S&amp;P 500's heavy exposure Big Tech puts it at risk of a \"sizeable correction,\" DataTrek said \"we'd far rather own the S&amp;P 500 than Europe or Japan or even China for the long term, simply because you need to own as much disruptive technology as you can bear to earn a decent return on investment capital.\"</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla drives up S&P 500's disruptive tech exposure as the index rides to record highs in October</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\">\nTesla drives up S&P 500's disruptive tech exposure as the index rides to record highs in October\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-28 10:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/tesla-drives-up-s-p-500s-disruptive-tech-exposure-as-the-index-rides-to-record-highs-in-october-11635361789?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Could the S&P 500's tech exposure reach 50% in 2030? 'The way things are going, it will come long before that,' says DataTrek\nThe back of a Tesla car Model 3 is seen at a Tesla shop inside of a ...</p>\n\n<a href=\"https://www.marketwatch.com/story/tesla-drives-up-s-p-500s-disruptive-tech-exposure-as-the-index-rides-to-record-highs-in-october-11635361789?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":{"161125":"标普500","513500":"标普500ETF","SPXU":"三倍做空标普500ETF",".IXIC":"NASDAQ Composite","SDS":"两倍做空标普500ETF","IVV":"标普500指数ETF","SSO":"两倍做多标普500ETF",".SPX":"S&P 500 Index","TSLA":"特斯拉","OEX":"标普100","SPY":"标普500ETF","UPRO":"三倍做多标普500ETF","SH":"标普500反向ETF","OEF":"标普100指数ETF-iShares",".DJI":"道琼斯"},"source_url":"https://www.marketwatch.com/story/tesla-drives-up-s-p-500s-disruptive-tech-exposure-as-the-index-rides-to-record-highs-in-october-11635361789?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2178123434","content_text":"Could the S&P 500's tech exposure reach 50% in 2030? 'The way things are going, it will come long before that,' says DataTrek\nThe back of a Tesla car Model 3 is seen at a Tesla shop inside of a shopping Mall in Beijing on May 25, 2021.\nTesla is driving up the S&P 500 index's exposure to disruptive technology, with Big Tech helping to lift the U.S. stock-market benchmark to new peaks this month.\nThe S&P 500's technology sector plus Google parent Alphabet, Facebook, Amazon.com and Tesla add up to 40% of the market-capitalization-weighted index, according to a DataTrek Research note Wednesday. \"No other broad market index around the world has a 24 percent weight to its top 6 names,\" which also include Apple and Microsoft, the note shows.\n\"We've halfway joked since starting DataTrek that 'Tech' would eventually be 50 percent of the S&P 500 but thought that was maybe a 2030 event,\" said Nicholas Colas, co-founder of DataTrek, in the note. \"The way things are going, it will come long before that.\"\nTesla's market value rose to more than $1 trillion this week as shares of the electric-vehicle company rallied to a record high after Hertz Global Holdings announced plans to order its cars. Tesla, co-founded by its chief executive officer Elon Musk, joined the S&P 500 in December.\nThe S&P 500 closed at another new peak Tuesday and fell about 0.5% lower Wednesday. Shares of Tesla rose almost 2%, bringing the electric-car company's gains to around 34% in October and about 47% so far this year, the data show, at last check.\n\"Tesla's rally is making the S&P 500 even more of a concentrated bet on disruptive technology,\" Colas wrote, pegging it at 2.1% of the index. Tesla is \"now solidly in 'must watch' territory along with the rest of U.S. Big Tech for its potential impact on day to day moves in the S&P 500.\"\nInformation technology , communication services and consumer discretionary were the only sectors in the S&P 500 trading up Wednesday afternoon, according to FactSet data. Tesla and Amazon are part of the index's consumer discretionary sector , while Google and Facebook (FB) fall within communication services in the S&P 500, the DataTrek note shows.\nThe S&P 500 consumer discretionary sector can longer be used as a proxy for U.S. consumer spending, according to DataTrek.\n\"That's because Amazon and Tesla are 20 percent and 19 percent of the index each, or 39 percent together,\" Colas wrote. \"The names you associate with this group, like Home Depot (9 percent weight) and McDonald's (4 pct), don't have much influence.\"\nWhile the S&P 500's heavy exposure Big Tech puts it at risk of a \"sizeable correction,\" DataTrek said \"we'd far rather own the S&P 500 than Europe or Japan or even China for the long term, simply because you need to own as much disruptive technology as you can bear to earn a decent return on investment capital.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":447,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":851364824,"gmtCreate":1634871530972,"gmtModify":1634871531016,"author":{"id":"4088827125361240","authorId":"4088827125361240","name":"LittleSaves","avatar":"https://static.tigerbbs.com/efd012c1b62a71ce51ff9924a1d01ace","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Good deal👍","listText":"Good deal👍","text":"Good deal👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/851364824","repostId":"2177671154","repostType":4,"repost":{"id":"2177671154","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1634871242,"share":"https://www.laohu8.com/m/news/2177671154?lang=&edition=full","pubTime":"2021-10-22 10:54","market":"fut","language":"en","title":"Aurizon to buy One Rail Australia for $1.75 bln to cut coal exposure","url":"https://stock-news.laohu8.com/highlight/detail?id=2177671154","media":"Reuters","summary":"Oct 22 (Reuters) - Aurizon Holdings Ltd said on Friday it would buy One Rail Australia (ORA) for $1.","content":"<p>Oct 22 (Reuters) - Aurizon Holdings Ltd&nbsp;said on Friday it would buy One Rail Australia (ORA) for $1.75 billion as it looks to diversify from coal and add bulk capacity, though the outlay and worries about the impact on earnings sent shares 7% lower.</p>\n<p>Aurizon, Australia's largest rail freight operator, said the deal would give it greater exposure to commodities, supporting its transition to greener energy.</p>\n<p>More than a third of Aurizon's core earnings came from coal in&nbsp;fiscal 2021and it transports more than 200 million tonnes of metallurgical and thermal coal a year, according to its&nbsp;website.</p>\n<p>\"The One Rail acquisition delivers a step change for Aurizon Bulk as a new entrant in the South Australia and Northern Territory region, and supports the ongoing growth of non-coal revenue in the Aurizon portfolio,\" Chief Executive Officer Andrew Harding said.</p>\n<p>Aurizon plans to either sell or spin off ORA's New South Wales and Queensland business after it shells out A$2.35 billion ($1.75 billion) for ORA from Macquarie's&nbsp;asset management arm and Dutch pension fund manager PGGM.</p>\n<p>Both Macquarie Asset Management and PGGM didn't immediately respond to a request for comment.</p>\n<p>RBC Capital Markets said the market would take the guidance that dividend payouts would be at the lower end of the 70%-100% ratio as a negative, given that Aurizon is relying on existing and new debt to fund the deal.</p>\n<p>The brokerage also questioned the diversification benefits, given that non-coal exposure will only rise to 14% from 9%.</p>\n<p>Aurizon shares were down 4.5% at A$3.715 by 0150 GMT after dropping 6.9%, its biggest intraday drop since June 2020.</p>\n<p>Queensland-based Aurizon said its bulk business would account for around 40% of its haulage revenue after the deal and the divestment, taking share off coal.</p>\n<p>The purchase of ORA, which is expected to report A$220 million of core earnings in 2021, will complete by April.</p>\n<p>($1 = 1.3392 Australian dollars)</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>Aurizon to buy One Rail Australia for $1.75 bln to cut coal exposure</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\">\nAurizon to buy One Rail Australia for $1.75 bln to cut coal exposure\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-10-22 10:54</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Oct 22 (Reuters) - Aurizon Holdings Ltd&nbsp;said on Friday it would buy One Rail Australia (ORA) for $1.75 billion as it looks to diversify from coal and add bulk capacity, though the outlay and worries about the impact on earnings sent shares 7% lower.</p>\n<p>Aurizon, Australia's largest rail freight operator, said the deal would give it greater exposure to commodities, supporting its transition to greener energy.</p>\n<p>More than a third of Aurizon's core earnings came from coal in&nbsp;fiscal 2021and it transports more than 200 million tonnes of metallurgical and thermal coal a year, according to its&nbsp;website.</p>\n<p>\"The One Rail acquisition delivers a step change for Aurizon Bulk as a new entrant in the South Australia and Northern Territory region, and supports the ongoing growth of non-coal revenue in the Aurizon portfolio,\" Chief Executive Officer Andrew Harding said.</p>\n<p>Aurizon plans to either sell or spin off ORA's New South Wales and Queensland business after it shells out A$2.35 billion ($1.75 billion) for ORA from Macquarie's&nbsp;asset management arm and Dutch pension fund manager PGGM.</p>\n<p>Both Macquarie Asset Management and PGGM didn't immediately respond to a request for comment.</p>\n<p>RBC Capital Markets said the market would take the guidance that dividend payouts would be at the lower end of the 70%-100% ratio as a negative, given that Aurizon is relying on existing and new debt to fund the deal.</p>\n<p>The brokerage also questioned the diversification benefits, given that non-coal exposure will only rise to 14% from 9%.</p>\n<p>Aurizon shares were down 4.5% at A$3.715 by 0150 GMT after dropping 6.9%, its biggest intraday drop since June 2020.</p>\n<p>Queensland-based Aurizon said its bulk business would account for around 40% of its haulage revenue after the deal and the divestment, taking share off coal.</p>\n<p>The purchase of ORA, which is expected to report A$220 million of core earnings in 2021, will complete by April.</p>\n<p>($1 = 1.3392 Australian dollars)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MQG.AU":"Macquarie","AZJ.AU":"AURIZON HOLDINGS LTD","AZNNY":"Aurizon Holdings Ltd."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2177671154","content_text":"Oct 22 (Reuters) - Aurizon Holdings Ltd said on Friday it would buy One Rail Australia (ORA) for $1.75 billion as it looks to diversify from coal and add bulk capacity, though the outlay and worries about the impact on earnings sent shares 7% lower.\nAurizon, Australia's largest rail freight operator, said the deal would give it greater exposure to commodities, supporting its transition to greener energy.\nMore than a third of Aurizon's core earnings came from coal in fiscal 2021and it transports more than 200 million tonnes of metallurgical and thermal coal a year, according to its website.\n\"The One Rail acquisition delivers a step change for Aurizon Bulk as a new entrant in the South Australia and Northern Territory region, and supports the ongoing growth of non-coal revenue in the Aurizon portfolio,\" Chief Executive Officer Andrew Harding said.\nAurizon plans to either sell or spin off ORA's New South Wales and Queensland business after it shells out A$2.35 billion ($1.75 billion) for ORA from Macquarie's asset management arm and Dutch pension fund manager PGGM.\nBoth Macquarie Asset Management and PGGM didn't immediately respond to a request for comment.\nRBC Capital Markets said the market would take the guidance that dividend payouts would be at the lower end of the 70%-100% ratio as a negative, given that Aurizon is relying on existing and new debt to fund the deal.\nThe brokerage also questioned the diversification benefits, given that non-coal exposure will only rise to 14% from 9%.\nAurizon shares were down 4.5% at A$3.715 by 0150 GMT after dropping 6.9%, its biggest intraday drop since June 2020.\nQueensland-based Aurizon said its bulk business would account for around 40% of its haulage revenue after the deal and the divestment, taking share off coal.\nThe purchase of ORA, which is expected to report A$220 million of core earnings in 2021, will complete by April.\n($1 = 1.3392 Australian dollars)","news_type":1},"isVote":1,"tweetType":1,"viewCount":733,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":853677819,"gmtCreate":1634808383885,"gmtModify":1634808385066,"author":{"id":"4088827125361240","authorId":"4088827125361240","name":"LittleSaves","avatar":"https://static.tigerbbs.com/efd012c1b62a71ce51ff9924a1d01ace","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Good&nbsp;","listText":"Good&nbsp;","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/853677819","repostId":"1190339362","repostType":4,"repost":{"id":"1190339362","pubTimestamp":1634806588,"share":"https://www.laohu8.com/m/news/1190339362?lang=&edition=full","pubTime":"2021-10-21 16:56","market":"us","language":"en","title":"UBS Poaches From JPMorgan, Citi for Equities And Markets in ANZ","url":"https://stock-news.laohu8.com/highlight/detail?id=1190339362","media":"Bloomberg","summary":"UBS Group AG hired four new people and promoted two others for its equities and research team in Aus","content":"<p>UBS Group AG hired four new people and promoted two others for its equities and research team in Australia and New Zealand, as it continues to rebuild a team raided by rivals in recent months.</p>\n<p>The Swiss lender hired John Storey from JPMorgan Chase &amp; Co in South Africa as banks analyst, UBS said Thursday. Storey fills a position left vacant when top-rated analyst Jonathan Mott left for startup bank Barrenjoey Capital Partners earlier this year.</p>\n<p>Richard Schellbach, formerly at Citigroup Inc. in London, is joining as equity strategist, replacing Pieter Stoltz who left to become head of quantitative strategies at fund manager Eley Griffiths.</p>\n<p>In the global markets division, Tom Tepaa joined the block trading desk from Goldman Sachs Group Inc. in Singapore, while David Nicholson moved from Citigroup in Boston to work on UBS’s Australian equity sales team.</p>\n<p>UBS also promoted two people in its global markets team in New Zealand. Thomas Buchanan will relocate from Hong Kong to become head of distribution for the team in that country. Will Becker was appointed head of sales trading for global markets in New Zealand.</p>\n<p>The moves come after UBS co-chief executive officer of Australasia, Anthony Sweetman, said the bank would pay up for top talent after a poaching spree from upstart rivals in a market where the Swiss bank has dominated deals in recent decades.</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>UBS Poaches From JPMorgan, Citi for Equities And Markets in ANZ</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\">\nUBS Poaches From JPMorgan, Citi for Equities And Markets in ANZ\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-21 16:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/ubs-poaches-jpmorgan-citi-equities-010332183.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>UBS Group AG hired four new people and promoted two others for its equities and research team in Australia and New Zealand, as it continues to rebuild a team raided by rivals in recent months.\nThe ...</p>\n\n<a href=\"https://finance.yahoo.com/news/ubs-poaches-jpmorgan-citi-equities-010332183.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UBS":"瑞银"},"source_url":"https://finance.yahoo.com/news/ubs-poaches-jpmorgan-citi-equities-010332183.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1190339362","content_text":"UBS Group AG hired four new people and promoted two others for its equities and research team in Australia and New Zealand, as it continues to rebuild a team raided by rivals in recent months.\nThe Swiss lender hired John Storey from JPMorgan Chase & Co in South Africa as banks analyst, UBS said Thursday. Storey fills a position left vacant when top-rated analyst Jonathan Mott left for startup bank Barrenjoey Capital Partners earlier this year.\nRichard Schellbach, formerly at Citigroup Inc. in London, is joining as equity strategist, replacing Pieter Stoltz who left to become head of quantitative strategies at fund manager Eley Griffiths.\nIn the global markets division, Tom Tepaa joined the block trading desk from Goldman Sachs Group Inc. in Singapore, while David Nicholson moved from Citigroup in Boston to work on UBS’s Australian equity sales team.\nUBS also promoted two people in its global markets team in New Zealand. Thomas Buchanan will relocate from Hong Kong to become head of distribution for the team in that country. Will Becker was appointed head of sales trading for global markets in New Zealand.\nThe moves come after UBS co-chief executive officer of Australasia, Anthony Sweetman, said the bank would pay up for top talent after a poaching spree from upstart rivals in a market where the Swiss bank has dominated deals in recent decades.","news_type":1},"isVote":1,"tweetType":1,"viewCount":375,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":873166078,"gmtCreate":1636887935082,"gmtModify":1636887935082,"author":{"id":"4088827125361240","authorId":"4088827125361240","name":"LittleSaves","avatar":"https://static.tigerbbs.com/efd012c1b62a71ce51ff9924a1d01ace","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Good 👍","listText":"Good 👍","text":"Good 👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/873166078","repostId":"1103944030","repostType":4,"repost":{"id":"1103944030","pubTimestamp":1636857439,"share":"https://www.laohu8.com/m/news/1103944030?lang=&edition=full","pubTime":"2021-11-14 10:37","market":"us","language":"en","title":"These are the next three mega-cap tech stocks you’ll be hearing more about","url":"https://stock-news.laohu8.com/highlight/detail?id=1103944030","media":"MarketWatch","summary":"AMD is among companies poised to eclipse $200 billion in market value\nAMD Chief Executive Lisa Su is","content":"<p>AMD is among companies poised to eclipse $200 billion in market value</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8977785546ccb691b11117bea0aa1480\" tg-width=\"1320\" tg-height=\"742\" referrerpolicy=\"no-referrer\"><span>AMD Chief Executive Lisa Su is seen in 2017. AFP via Getty Images</span></p>\n<p>As technology stocks have led the market for the better part of a dozen years, there are now 15 companies in the sector that have risen to mega-cap status — those valued at $200 billion or more.</p>\n<p>Five are valued at more than $1 trillion, including electric-vehicle maker Tesla,which I consider a tech company.</p>\n<p>Bets have been placed on which companies will rise to a trillion next, with Meta Platforms&nbsp;— aka Facebook — at the top of most lists and&nbsp;Nvidia,sitting on top of mine as a call I made 14 months ago.</p>\n<p>Perhaps harder than rising from north of half a trillion to a trillion is rising from less than&nbsp;$200 billion&nbsp;to break the threshold into mega-cap status.</p>\n<p>However, a few companies look destined for this outcome precisely, and I believe three have an incredibly compelling case to get there within the next 12 to 18 months — if not sooner.</p>\n<p><b>1. ServiceNow:</b>&nbsp;ServiceNow&nbsp;has been on an incredible run for more than a decade. From 2010 to 2020, revenues grew at a 59.2% average annual rate, while its stock rose at 44% a year. The company finished the 2020 calendar year at about $4.5 billion in revenue, and its trailing 12 months have surged close to $5.5 billion.</p>\n<p>The company now has more than 1,266 customers with a million or more dollars in recurring revenue, and is seeing this number grow at a substantial rate, including 25% in its most recent quarter.</p>\n<p>Beyond the numbers, the company’s technology, which enables companies to automate and implement digital workflows, continues to prove robust and best of breed. The most recent release of its Rome platform, three additional acquisitions to expand its portfolio and a deepened partnership with Microsoft&nbsp;are just a few recent highlights that provide the company a pathway to growth that should accelerate based on trends including app modernization, hybrid work, workflow automation, and even enterprise ESG initiatives.</p>\n<p>It’s hard to see ServiceNow not providing the robust growth that will take its market cap above $200 billion.&nbsp;The company’s market value is about $138 billion as of Monday.</p>\n<p><b>2. Qualcomm:</b>Qualcomm’s&nbsp;strong earnings report released last week — earnings per share jumped 76% year over year and revenue rose 43% — helped drive the stock to over $160 from the low $120s in mid-October.</p>\n<p>Consequently, that took the company’s market cap from about $145 billion to over $180 billion in just a matter of days. It serves as a timely reminder of how quickly a tech company in the right markets can produce momentum.</p>\n<p>Qualcomm, while best known as a chip provider for mobile handsets, is rapidly becoming a much bigger force in many categories, including the internet of things (IoT), automotive and wireless RFFE. With IoT and wireless RFFE surpassing a billion dollars a quarter in revenue, and automotive reaching nearly a billion in annual revenue with a $10 billion design pipeline, the company is becoming increasingly diversified. Thirty-eight percent of revenue in its QCT semiconductor business is now unrelated to handsets.</p>\n<p>Perhaps these adjacent business successes alone could catapult the company’s market value to over $200 billion, but what Qualcomm also has going for it is an undisputable global market leadership in 5G, which will continue to accelerate its handset business, as well as all of its adjacencies and massive licensing business.</p>\n<p><b>3. AMD:</b>&nbsp;I’ve been critical at times of Advanced Micro Devices,and sometimes you have to lean into calls you get wrong. While Intel&nbsp;under new CEO Pat Gelsinger shows more ambition and clear direction, AMD under Lisa Su has been on an absolute tear.</p>\n<p>In August, Mercury Research reported that AMD’s 22.5% x86 market share was its best in 14 years. With 4.2% year-over-year market share growth in its second quarter and another 54% overall revenue growth in the third quarter, the company’s market share gains look likely to continue.</p>\n<p>While I do think Intel is quickly patching its gaps and going to be a much more robust competitor, I believe the overall demand for CPUs (central processing units), GPUs (graphics processing units) and FPGAs (field-programmable gate arrays) will drive a larger total addressable market, and AMD’s going to grow revenues even if market share gains level off.</p>\n<p>Speaking of FPGA’s, the impending Xilinx deal, which I believe will gain regulatory approval, hasn’t been accounted for by many investors.</p>\n<p>AMD’s market value rose to over $180 billion Monday after the stock surged more than 10%. The company on Monday announced a range of news, including the fact that Meta will use its Epyc processors in its data center computers.</p>\n<p>After those three, I would add Micron Technology&nbsp;as an honorable mention. The company sits at closer to $85 billion in market cap. Still, as our thirst for compute continues to grow, the need for memory technology will scale dramatically, making Micron a significant beneficiary along with the likes of Samsung, which already sits well inside mega-cap territory.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>These are the next three mega-cap tech stocks you’ll be hearing more about</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\">\nThese are the next three mega-cap tech stocks you’ll be hearing more about\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-14 10:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/these-are-the-next-three-mega-cap-tech-stocks-youll-be-hearing-more-about-11636392083?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>AMD is among companies poised to eclipse $200 billion in market value\nAMD Chief Executive Lisa Su is seen in 2017. AFP via Getty Images\nAs technology stocks have led the market for the better part of ...</p>\n\n<a href=\"https://www.marketwatch.com/story/these-are-the-next-three-mega-cap-tech-stocks-youll-be-hearing-more-about-11636392083?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":{},"source_url":"https://www.marketwatch.com/story/these-are-the-next-three-mega-cap-tech-stocks-youll-be-hearing-more-about-11636392083?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103944030","content_text":"AMD is among companies poised to eclipse $200 billion in market value\nAMD Chief Executive Lisa Su is seen in 2017. AFP via Getty Images\nAs technology stocks have led the market for the better part of a dozen years, there are now 15 companies in the sector that have risen to mega-cap status — those valued at $200 billion or more.\nFive are valued at more than $1 trillion, including electric-vehicle maker Tesla,which I consider a tech company.\nBets have been placed on which companies will rise to a trillion next, with Meta Platforms — aka Facebook — at the top of most lists and Nvidia,sitting on top of mine as a call I made 14 months ago.\nPerhaps harder than rising from north of half a trillion to a trillion is rising from less than $200 billion to break the threshold into mega-cap status.\nHowever, a few companies look destined for this outcome precisely, and I believe three have an incredibly compelling case to get there within the next 12 to 18 months — if not sooner.\n1. ServiceNow: ServiceNow has been on an incredible run for more than a decade. From 2010 to 2020, revenues grew at a 59.2% average annual rate, while its stock rose at 44% a year. The company finished the 2020 calendar year at about $4.5 billion in revenue, and its trailing 12 months have surged close to $5.5 billion.\nThe company now has more than 1,266 customers with a million or more dollars in recurring revenue, and is seeing this number grow at a substantial rate, including 25% in its most recent quarter.\nBeyond the numbers, the company’s technology, which enables companies to automate and implement digital workflows, continues to prove robust and best of breed. The most recent release of its Rome platform, three additional acquisitions to expand its portfolio and a deepened partnership with Microsoft are just a few recent highlights that provide the company a pathway to growth that should accelerate based on trends including app modernization, hybrid work, workflow automation, and even enterprise ESG initiatives.\nIt’s hard to see ServiceNow not providing the robust growth that will take its market cap above $200 billion. The company’s market value is about $138 billion as of Monday.\n2. Qualcomm:Qualcomm’s strong earnings report released last week — earnings per share jumped 76% year over year and revenue rose 43% — helped drive the stock to over $160 from the low $120s in mid-October.\nConsequently, that took the company’s market cap from about $145 billion to over $180 billion in just a matter of days. It serves as a timely reminder of how quickly a tech company in the right markets can produce momentum.\nQualcomm, while best known as a chip provider for mobile handsets, is rapidly becoming a much bigger force in many categories, including the internet of things (IoT), automotive and wireless RFFE. With IoT and wireless RFFE surpassing a billion dollars a quarter in revenue, and automotive reaching nearly a billion in annual revenue with a $10 billion design pipeline, the company is becoming increasingly diversified. Thirty-eight percent of revenue in its QCT semiconductor business is now unrelated to handsets.\nPerhaps these adjacent business successes alone could catapult the company’s market value to over $200 billion, but what Qualcomm also has going for it is an undisputable global market leadership in 5G, which will continue to accelerate its handset business, as well as all of its adjacencies and massive licensing business.\n3. AMD: I’ve been critical at times of Advanced Micro Devices,and sometimes you have to lean into calls you get wrong. While Intel under new CEO Pat Gelsinger shows more ambition and clear direction, AMD under Lisa Su has been on an absolute tear.\nIn August, Mercury Research reported that AMD’s 22.5% x86 market share was its best in 14 years. With 4.2% year-over-year market share growth in its second quarter and another 54% overall revenue growth in the third quarter, the company’s market share gains look likely to continue.\nWhile I do think Intel is quickly patching its gaps and going to be a much more robust competitor, I believe the overall demand for CPUs (central processing units), GPUs (graphics processing units) and FPGAs (field-programmable gate arrays) will drive a larger total addressable market, and AMD’s going to grow revenues even if market share gains level off.\nSpeaking of FPGA’s, the impending Xilinx deal, which I believe will gain regulatory approval, hasn’t been accounted for by many investors.\nAMD’s market value rose to over $180 billion Monday after the stock surged more than 10%. The company on Monday announced a range of news, including the fact that Meta will use its Epyc processors in its data center computers.\nAfter those three, I would add Micron Technology as an honorable mention. The company sits at closer to $85 billion in market cap. Still, as our thirst for compute continues to grow, the need for memory technology will scale dramatically, making Micron a significant beneficiary along with the likes of Samsung, which already sits well inside mega-cap territory.","news_type":1},"isVote":1,"tweetType":1,"viewCount":605,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":855437226,"gmtCreate":1635389143191,"gmtModify":1635389143191,"author":{"id":"4088827125361240","authorId":"4088827125361240","name":"LittleSaves","avatar":"https://static.tigerbbs.com/efd012c1b62a71ce51ff9924a1d01ace","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Will Tesla go higher?","listText":"Will Tesla go higher?","text":"Will Tesla go higher?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/855437226","repostId":"2178123434","repostType":4,"isVote":1,"tweetType":1,"viewCount":447,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":846506153,"gmtCreate":1636092073447,"gmtModify":1636092256733,"author":{"id":"4088827125361240","authorId":"4088827125361240","name":"LittleSaves","avatar":"https://static.tigerbbs.com/efd012c1b62a71ce51ff9924a1d01ace","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/846506153","repostId":"1108861905","repostType":4,"isVote":1,"tweetType":1,"viewCount":481,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":853677819,"gmtCreate":1634808383885,"gmtModify":1634808385066,"author":{"id":"4088827125361240","authorId":"4088827125361240","name":"LittleSaves","avatar":"https://static.tigerbbs.com/efd012c1b62a71ce51ff9924a1d01ace","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Good&nbsp;","listText":"Good&nbsp;","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/853677819","repostId":"1190339362","repostType":4,"isVote":1,"tweetType":1,"viewCount":375,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":854763393,"gmtCreate":1635483956537,"gmtModify":1635483956772,"author":{"id":"4088827125361240","authorId":"4088827125361240","name":"LittleSaves","avatar":"https://static.tigerbbs.com/efd012c1b62a71ce51ff9924a1d01ace","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"MAANG","listText":"MAANG","text":"MAANG","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/854763393","repostId":"1166927726","repostType":4,"repost":{"id":"1166927726","pubTimestamp":1635480155,"share":"https://www.laohu8.com/m/news/1166927726?lang=&edition=full","pubTime":"2021-10-29 12:02","market":"us","language":"en","title":"FAANG stocks acronym: what happens when Facebook becomes Meta?","url":"https://stock-news.laohu8.com/highlight/detail?id=1166927726","media":"Seeking Alpha","summary":"Drew Angerer/Getty Images News\n\nThe FAANG acronym has evolved as Big Tech and megacap stocks have gr","content":"<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a4d383f5f7eb71da9217e3d7d5c291d4\" tg-width=\"1536\" tg-height=\"1024\" width=\"100%\" height=\"auto\"><span>Drew Angerer/Getty Images News</span></p>\n<ul>\n <li>The FAANG acronym has evolved as Big Tech and megacap stocks have grown in influence on the market.</li>\n <li>The question is whether Facebook's(NASDAQ:FB)decision to become Meta a bridge too far to keep FAANG together.</li>\n <li>There have already been some contorsions since Jim Cramer coined the term in 2013 to refer to Facebook (FB), Amazon(NASDAQ:AMZN), Netflix(NASDAQ:NFLX)and Google(NASDAQ:GOOGL)(NASDAQ:GOOG).</li>\n <li>It moved to FAANG to accommodate Apple(NASDAQ:AAPL)and Netflix later made room from Microsoft(NASDAQ:MSFT)in some iterations, leading to FAAMG.</li>\n <li>There was no appetite to change when Google became Alphabet, but Facebook's move provides some new possiblities.</li>\n <li>Among them, switching to Meta and Alphabet, there's MANAA, MAANA and MAAAN (MAMANA if you want to have Microsoft).</li>\n <li>Keeping Google, there's MAGNA, MANGA, MAANG, GANAM, MAGNAT (adding Tesla(NASDAQ:TSLA)) or GAMMA (ditching Netflix).</li>\n <li>Volume spiked in the Roundhill Metaverse ETF(NYSEARCA:META)&nbsp;shortly after Facebook made its announcement.</li>\n</ul>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>FAANG stocks acronym: what happens when Facebook becomes Meta?</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\">\nFAANG stocks acronym: what happens when Facebook becomes Meta?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-29 12:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3760279-faang-stocks-what-happens-now-facebook-is-meta><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Drew Angerer/Getty Images News\n\nThe FAANG acronym has evolved as Big Tech and megacap stocks have grown in influence on the market.\nThe question is whether Facebook's(NASDAQ:FB)decision to become Meta...</p>\n\n<a href=\"https://seekingalpha.com/news/3760279-faang-stocks-what-happens-now-facebook-is-meta\">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/news/3760279-faang-stocks-what-happens-now-facebook-is-meta","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166927726","content_text":"Drew Angerer/Getty Images News\n\nThe FAANG acronym has evolved as Big Tech and megacap stocks have grown in influence on the market.\nThe question is whether Facebook's(NASDAQ:FB)decision to become Meta a bridge too far to keep FAANG together.\nThere have already been some contorsions since Jim Cramer coined the term in 2013 to refer to Facebook (FB), Amazon(NASDAQ:AMZN), Netflix(NASDAQ:NFLX)and Google(NASDAQ:GOOGL)(NASDAQ:GOOG).\nIt moved to FAANG to accommodate Apple(NASDAQ:AAPL)and Netflix later made room from Microsoft(NASDAQ:MSFT)in some iterations, leading to FAAMG.\nThere was no appetite to change when Google became Alphabet, but Facebook's move provides some new possiblities.\nAmong them, switching to Meta and Alphabet, there's MANAA, MAANA and MAAAN (MAMANA if you want to have Microsoft).\nKeeping Google, there's MAGNA, MANGA, MAANG, GANAM, MAGNAT (adding Tesla(NASDAQ:TSLA)) or GAMMA (ditching Netflix).\nVolume spiked in the Roundhill Metaverse ETF(NYSEARCA:META) shortly after Facebook made its announcement.","news_type":1},"isVote":1,"tweetType":1,"viewCount":511,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":851364824,"gmtCreate":1634871530972,"gmtModify":1634871531016,"author":{"id":"4088827125361240","authorId":"4088827125361240","name":"LittleSaves","avatar":"https://static.tigerbbs.com/efd012c1b62a71ce51ff9924a1d01ace","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Good deal👍","listText":"Good deal👍","text":"Good deal👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/851364824","repostId":"2177671154","repostType":4,"isVote":1,"tweetType":1,"viewCount":733,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":872423426,"gmtCreate":1637562828379,"gmtModify":1637562828500,"author":{"id":"4088827125361240","authorId":"4088827125361240","name":"LittleSaves","avatar":"https://static.tigerbbs.com/efd012c1b62a71ce51ff9924a1d01ace","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"They’ve been saying this for a while now.&nbsp;","listText":"They’ve been saying this for a while now.&nbsp;","text":"They’ve been saying this for a while now.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/872423426","repostId":"1142428650","repostType":4,"isVote":1,"tweetType":1,"viewCount":242,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}