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2021-11-05

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Peloton shares sink as at-home exercise falls out of favor

2021-11-01

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07:50","market":"us","language":"en","title":"Peloton shares sink as at-home exercise falls out of favor","url":"https://stock-news.laohu8.com/highlight/detail?id=1156852458","media":"Reuters","summary":"Nov 4 (Reuters) - Peloton Interactive Inc(PTON.O)on Thursday slashed its full-year sales forecast by","content":"<p>Nov 4 (Reuters) - Peloton Interactive Inc(PTON.O)on Thursday slashed its full-year sales forecast by up to $1 billion, saying demand for its exercise bikes and treadmills was slowing faster than expected as people return to pre-pandemic habits.</p>\n<p>Its shares dove 30% in extended trading, on course to wipe off about $8 billion from the market value of a company that was among the biggest corporate winners of last year's lockdowns.</p>\n<p><img src=\"https://static.tigerbbs.com/f32a7b6689be19da5ea6e4350031f33a\" tg-width=\"889\" tg-height=\"597\" width=\"100%\" height=\"auto\"></p>\n<p>\"It is clear that we underestimated the reopening impact on our company and the overall industry,\" Chief Financial Officer Jill Woodworth said on a post-earnings call.</p>\n<p>Peloton now&nbsp;expects&nbsp;annual sales between $4.4 billion and $4.8 billion, compared with $5.4 billion previously. Its holiday-quarter sales forecast also missed market expectations.</p>\n<p>\"People are no longer trapped at home and competition is growing,\" BMO Capital Markets analyst Simeon Siegel said.</p>\n<p>Rising vaccinations and easing curbs have encouraged people to go back to gyms this year, hitting Peloton's growth and boosting the earnings of chains like Planet Fitness Inc(PLNT.N).</p>\n<p>The company has tried to cushion the blow by cutting the price of its popular bike by $400 and ramping up its ad spending. But its sales rose just 6.2% in the three months to Sept. 30, the slowest pace since in more than a year.</p>\n<p>Sales and marketing expenses more than doubled to account for 35.3% of total revenue in the first quarter and were expected to remain high in the crucial holiday period.</p>\n<p>Peloton has also grappled with global chip crunch, supply disruptions and rising freight costs that have piled on the expenses.</p>\n<p>That in part plunged it to a net loss of $376 million, from a profit of $69.3 million a year earlier.</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>Peloton shares sink as at-home exercise falls out of favor</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\">\nPeloton shares sink as at-home exercise falls out of favor\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-05 07:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/business/peloton-plunges-loss-bike-price-cut-higher-costs-2021-11-04/><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nov 4 (Reuters) - Peloton Interactive Inc(PTON.O)on Thursday slashed its full-year sales forecast by up to $1 billion, saying demand for its exercise bikes and treadmills was slowing faster than ...</p>\n\n<a href=\"https://www.reuters.com/business/peloton-plunges-loss-bike-price-cut-higher-costs-2021-11-04/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PTON":"Peloton Interactive, Inc."},"source_url":"https://www.reuters.com/business/peloton-plunges-loss-bike-price-cut-higher-costs-2021-11-04/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1156852458","content_text":"Nov 4 (Reuters) - Peloton Interactive Inc(PTON.O)on Thursday slashed its full-year sales forecast by up to $1 billion, saying demand for its exercise bikes and treadmills was slowing faster than expected as people return to pre-pandemic habits.\nIts shares dove 30% in extended trading, on course to wipe off about $8 billion from the market value of a company that was among the biggest corporate winners of last year's lockdowns.\n\n\"It is clear that we underestimated the reopening impact on our company and the overall industry,\" Chief Financial Officer Jill Woodworth said on a post-earnings call.\nPeloton now expects annual sales between $4.4 billion and $4.8 billion, compared with $5.4 billion previously. Its holiday-quarter sales forecast also missed market expectations.\n\"People are no longer trapped at home and competition is growing,\" BMO Capital Markets analyst Simeon Siegel said.\nRising vaccinations and easing curbs have encouraged people to go back to gyms this year, hitting Peloton's growth and boosting the earnings of chains like Planet Fitness Inc(PLNT.N).\nThe company has tried to cushion the blow by cutting the price of its popular bike by $400 and ramping up its ad spending. But its sales rose just 6.2% in the three months to Sept. 30, the slowest pace since in more than a year.\nSales and marketing expenses more than doubled to account for 35.3% of total revenue in the first quarter and were expected to remain high in the crucial holiday period.\nPeloton has also grappled with global chip crunch, supply disruptions and rising freight costs that have piled on the expenses.\nThat in part plunged it to a net loss of $376 million, from a profit of $69.3 million a year earlier.","news_type":1},"isVote":1,"tweetType":1,"viewCount":599,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":849332770,"gmtCreate":1635728800819,"gmtModify":1635728800819,"author":{"id":"4089957201754510","authorId":"4089957201754510","name":"teot","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089957201754510","authorIdStr":"4089957201754510"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/849332770","repostId":"2179922521","repostType":4,"repost":{"id":"2179922521","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1635724140,"share":"https://www.laohu8.com/m/news/2179922521?lang=&edition=full","pubTime":"2021-11-01 07:49","market":"us","language":"en","title":"Videogame stocks are in the bargain bin, but earnings could mean new life","url":"https://stock-news.laohu8.com/highlight/detail?id=2179922521","media":"Dow Jones","summary":"Activision Blizzard, Electronic Arts and Take-Two will all report earnings within about 24 hours of ","content":"<p>Activision Blizzard, Electronic Arts and Take-<a href=\"https://laohu8.com/S/TWOA.U\">Two</a> will all report earnings within about 24 hours of each other after forecasted slowdown in pandemic boom scared some investors off the sector</p>\n<p>Videogame publishers and related stocks took a hit from a projected slowdown in the pandemic boom for games, but they get a chance for new life with third-quarter earnings and important holiday forecasts in the coming days.</p>\n<p>The forecasts delivered three months ago indicated that the booming growth fueled by the pandemic was slowing down, and many stocks were marked down into the bargain bin as a result. Over the September-ending quarter, Activision Blizzard Inc. <a href=\"https://laohu8.com/S/ATVI\">$(ATVI)$</a> shares plummeted 19%, <a href=\"https://laohu8.com/S/TTWO\">Take-Two Interactive Software</a> Inc. (TTWO)shares fell 13%, Electronic Arts Inc. <a href=\"https://laohu8.com/S/EA\">$(EA)$</a> shares slipped 1%, Zynga Inc. <a href=\"https://laohu8.com/S/ZNGA\">$(ZNGA)$</a> shares dropped 29%, and Roblox Inc. <a href=\"https://laohu8.com/S/RBLX\">$(RBLX)$</a> shares fell 16%. In comparison, the S&amp;P 500 index rose 0.2% and the <a href=\"https://laohu8.com/S/EEME\">iShares</a> Expanded Tech-Software Sector ETF <a href=\"https://laohu8.com/S/IGV.UK\">$(IGV.UK)$</a> rose 2%.</p>\n<p>While videogame stocks have struggled as a group in the past three months, analysts haven't seen much change in the long-term trajectory for <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the biggest-selling forms of entertainment, with expected 2021 revenue of nearly $260 billion, according to IDC estimates.</p>\n<p>\"We believe that underlying video game fundamentals remain strong, with 2020's growth spurt due to shelter-in-place not appearing to reverse despite increasing levels of vaccination,\" Cowen analyst Doug Creutz recently wrote.</p>\n<p>Creutz contended that valuations are at multi-year lows \"both in absolute terms and relative to the market,\" but said investors are confused why many videogame stocks are underperforming the market.</p>\n<p>\"We have received many inbound phone calls after in the last couple of months seeking to understand the bear case here; our response has generally been that we don't think there is one, other than that these stocks seem to never go up,\" Creutz said. \"While we think concerns about videogame shares in a reopening scenario pressured the group late last year and early this year, we are now through the toughest COVID-19 comps (Q2) and monetization and engagement appears to remain quite healthy.\"</p>\n<p>\"Our view on the space now is the most bullish we have been in at least five years, as multiples currently appear very attractive relative to the market and historical norms,\" the Cowen analyst said.</p>\n<p>Publishers and related companies have a chance to reverse course with their holiday forecasts, as well as by outperforming their own third-quarter expectations. Activision Blizzard (ATVI) kicks the week off with an earnings report scheduled for Tuesday after the close of markets, and a flood soon follows into the next week.</p>\n<p>Activision Blizzard has been in full damage control mode for more than a full quarter, since corporate's perceived tone-deaf response to allegations of sexual discrimination and harassment charges blew up, leading to an employee walkout. The company spent nearly all of last quarter's conference call with analysts addressing how it was going to ensure a safe and equitable workplace.</p>\n<p>Later, the company was hit with a federal labor complaint that it had allegedly mistreated protesting employees. Most recently, the company reportedly fired and reprimanded dozens of employees over discrimination and harassment changes, and Chief Executive Bobby Kotick promised to take a pay cut</p>\n<p>MKM Partners analyst Eric Handler, who has a buy and a $108 price target on Activision Blizzard, said the relatively low price of the stock and expected accelerating growth into 2022 gave the stock a favorable risk/reward profile.</p>\n<p>\"We continue to like the setup for accelerating growth in 2022 paced by a larger game release lineup, including the likely and long-awaited launches of 'Diablo Immortal,' 'Overwatch 2,' the next ['World of Warcraft'] expansion pack, and at least one other new, high-profile mobile game launch,\" Handler said.</p>\n<p>The waiting is the hardest part</p>\n<p>While global supply-chain problems are scaring consumers with the possibility of empty shelves for the holiday season, videogame software has largely become distributed digitally, so while hardware and peripherals might get stuck in cargo containers, the games themselves should dodge that bullet.</p>\n<p>That said, the games themselves have had their own problems of late: Delayed releases.</p>\n<p>Christoph Hartmann, a former president of Take-<a href=\"https://laohu8.com/S/TWOA\">Two</a> who now leads Amazon.com Inc.'s <a href=\"https://laohu8.com/S/AMZN\">$(AMZN)$</a> videogame development studios, told MarketWatch recently that traditional publishers that derive their sole source of income from games are under enormous pressure to release games under a fiscal schedule, but that raises the risk of releasing a game before all the bugs have been worked out.</p>\n<p>That was certainly the case with CD Projekt SA's long-awaited and long-overdue release last year of \"Cyberpunk 2077\" from that forced distributors like Sony Group Corp. to offer full refunds.</p>\n<p>Take-Two, which is scheduled to report Wednesday after the bell, needs to wrest itself from recently announced delays. Back in September, Take-Two said expansions of the \"Grand Theft Auto\" franchise and two \"immersive core titles\" would be delayed. Electronic Arts also reports on Wednesday, and has also had to address delays. Back in September, EA said that \"Battlefield 2042\" would be released worldwide on Nov. 19, delayed compared with its previously expected Oct. 22 release, but not as bad as \"sometime in 2022,\" as had been rumored.</p>\n<p>In a recent note, KeyBanc Capital Markets analyst Tyler Parker said he sees Activision Blizzard's near-term concerns priced in to the stock, and that EA has the least risk heading into earnings. Parker has overweight ratings on Activision and EA, and a sector weight rating on Take-Two.</p>\n<p>\"With fundamentals remaining resilient and the fact that pandemic-related comps should ease as a storyline heading into the Holidays, we believe sentiment could start to improve for the group, particularly as out-year guides indicating growth creep closer,\" Parker said.</p>\n<p>And then the newcomers, and Zynga</p>\n<p>Rounding out Wednesday's earnings, <a href=\"https://laohu8.com/S/PLTK\">Playtika Holding Corp.</a> (PLTK) is scheduled to report. The Israel-based game developer was one of the sector's better performers last earnings season, and recently announced it was acquiring design entertainment company Reworks Oy in a deal valued up to $600 million. It stock was one of the few to gain of late, adding 25.6% in the past three months.</p>\n<p>Also, investors will see if publishers have any commentary on whether a recent app-store ruling boosted the top line. Back in September, a federal judge ruled that Apple Inc. <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a> can no longer force app developers to use its payment system, which was seen as a boon to gaming companies that had to pay Apple a cut of their in-app purchases.</p>\n<p>In the following week, both Zynga and Roblox are scheduled to report on Nov. 8, <a href=\"https://laohu8.com/S/U\">Unity Software Inc.</a> (U) is scheduled for Nov. 9, and app-monetization company AppLovin Inc. <a href=\"https://laohu8.com/S/APP\">$(APP)$</a> is expected to report Nov. 10.</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>Videogame stocks are in the bargain bin, but earnings could mean new life</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\">\nVideogame stocks are in the bargain bin, but earnings could mean new life\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-11-01 07:49</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Activision Blizzard, Electronic Arts and Take-<a href=\"https://laohu8.com/S/TWOA.U\">Two</a> will all report earnings within about 24 hours of each other after forecasted slowdown in pandemic boom scared some investors off the sector</p>\n<p>Videogame publishers and related stocks took a hit from a projected slowdown in the pandemic boom for games, but they get a chance for new life with third-quarter earnings and important holiday forecasts in the coming days.</p>\n<p>The forecasts delivered three months ago indicated that the booming growth fueled by the pandemic was slowing down, and many stocks were marked down into the bargain bin as a result. Over the September-ending quarter, Activision Blizzard Inc. <a href=\"https://laohu8.com/S/ATVI\">$(ATVI)$</a> shares plummeted 19%, <a href=\"https://laohu8.com/S/TTWO\">Take-Two Interactive Software</a> Inc. (TTWO)shares fell 13%, Electronic Arts Inc. <a href=\"https://laohu8.com/S/EA\">$(EA)$</a> shares slipped 1%, Zynga Inc. <a href=\"https://laohu8.com/S/ZNGA\">$(ZNGA)$</a> shares dropped 29%, and Roblox Inc. <a href=\"https://laohu8.com/S/RBLX\">$(RBLX)$</a> shares fell 16%. In comparison, the S&amp;P 500 index rose 0.2% and the <a href=\"https://laohu8.com/S/EEME\">iShares</a> Expanded Tech-Software Sector ETF <a href=\"https://laohu8.com/S/IGV.UK\">$(IGV.UK)$</a> rose 2%.</p>\n<p>While videogame stocks have struggled as a group in the past three months, analysts haven't seen much change in the long-term trajectory for <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the biggest-selling forms of entertainment, with expected 2021 revenue of nearly $260 billion, according to IDC estimates.</p>\n<p>\"We believe that underlying video game fundamentals remain strong, with 2020's growth spurt due to shelter-in-place not appearing to reverse despite increasing levels of vaccination,\" Cowen analyst Doug Creutz recently wrote.</p>\n<p>Creutz contended that valuations are at multi-year lows \"both in absolute terms and relative to the market,\" but said investors are confused why many videogame stocks are underperforming the market.</p>\n<p>\"We have received many inbound phone calls after in the last couple of months seeking to understand the bear case here; our response has generally been that we don't think there is one, other than that these stocks seem to never go up,\" Creutz said. \"While we think concerns about videogame shares in a reopening scenario pressured the group late last year and early this year, we are now through the toughest COVID-19 comps (Q2) and monetization and engagement appears to remain quite healthy.\"</p>\n<p>\"Our view on the space now is the most bullish we have been in at least five years, as multiples currently appear very attractive relative to the market and historical norms,\" the Cowen analyst said.</p>\n<p>Publishers and related companies have a chance to reverse course with their holiday forecasts, as well as by outperforming their own third-quarter expectations. Activision Blizzard (ATVI) kicks the week off with an earnings report scheduled for Tuesday after the close of markets, and a flood soon follows into the next week.</p>\n<p>Activision Blizzard has been in full damage control mode for more than a full quarter, since corporate's perceived tone-deaf response to allegations of sexual discrimination and harassment charges blew up, leading to an employee walkout. The company spent nearly all of last quarter's conference call with analysts addressing how it was going to ensure a safe and equitable workplace.</p>\n<p>Later, the company was hit with a federal labor complaint that it had allegedly mistreated protesting employees. Most recently, the company reportedly fired and reprimanded dozens of employees over discrimination and harassment changes, and Chief Executive Bobby Kotick promised to take a pay cut</p>\n<p>MKM Partners analyst Eric Handler, who has a buy and a $108 price target on Activision Blizzard, said the relatively low price of the stock and expected accelerating growth into 2022 gave the stock a favorable risk/reward profile.</p>\n<p>\"We continue to like the setup for accelerating growth in 2022 paced by a larger game release lineup, including the likely and long-awaited launches of 'Diablo Immortal,' 'Overwatch 2,' the next ['World of Warcraft'] expansion pack, and at least one other new, high-profile mobile game launch,\" Handler said.</p>\n<p>The waiting is the hardest part</p>\n<p>While global supply-chain problems are scaring consumers with the possibility of empty shelves for the holiday season, videogame software has largely become distributed digitally, so while hardware and peripherals might get stuck in cargo containers, the games themselves should dodge that bullet.</p>\n<p>That said, the games themselves have had their own problems of late: Delayed releases.</p>\n<p>Christoph Hartmann, a former president of Take-<a href=\"https://laohu8.com/S/TWOA\">Two</a> who now leads Amazon.com Inc.'s <a href=\"https://laohu8.com/S/AMZN\">$(AMZN)$</a> videogame development studios, told MarketWatch recently that traditional publishers that derive their sole source of income from games are under enormous pressure to release games under a fiscal schedule, but that raises the risk of releasing a game before all the bugs have been worked out.</p>\n<p>That was certainly the case with CD Projekt SA's long-awaited and long-overdue release last year of \"Cyberpunk 2077\" from that forced distributors like Sony Group Corp. to offer full refunds.</p>\n<p>Take-Two, which is scheduled to report Wednesday after the bell, needs to wrest itself from recently announced delays. Back in September, Take-Two said expansions of the \"Grand Theft Auto\" franchise and two \"immersive core titles\" would be delayed. Electronic Arts also reports on Wednesday, and has also had to address delays. Back in September, EA said that \"Battlefield 2042\" would be released worldwide on Nov. 19, delayed compared with its previously expected Oct. 22 release, but not as bad as \"sometime in 2022,\" as had been rumored.</p>\n<p>In a recent note, KeyBanc Capital Markets analyst Tyler Parker said he sees Activision Blizzard's near-term concerns priced in to the stock, and that EA has the least risk heading into earnings. Parker has overweight ratings on Activision and EA, and a sector weight rating on Take-Two.</p>\n<p>\"With fundamentals remaining resilient and the fact that pandemic-related comps should ease as a storyline heading into the Holidays, we believe sentiment could start to improve for the group, particularly as out-year guides indicating growth creep closer,\" Parker said.</p>\n<p>And then the newcomers, and Zynga</p>\n<p>Rounding out Wednesday's earnings, <a href=\"https://laohu8.com/S/PLTK\">Playtika Holding Corp.</a> (PLTK) is scheduled to report. The Israel-based game developer was one of the sector's better performers last earnings season, and recently announced it was acquiring design entertainment company Reworks Oy in a deal valued up to $600 million. It stock was one of the few to gain of late, adding 25.6% in the past three months.</p>\n<p>Also, investors will see if publishers have any commentary on whether a recent app-store ruling boosted the top line. Back in September, a federal judge ruled that Apple Inc. <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a> can no longer force app developers to use its payment system, which was seen as a boon to gaming companies that had to pay Apple a cut of their in-app purchases.</p>\n<p>In the following week, both Zynga and Roblox are scheduled to report on Nov. 8, <a href=\"https://laohu8.com/S/U\">Unity Software Inc.</a> (U) is scheduled for Nov. 9, and app-monetization company AppLovin Inc. <a href=\"https://laohu8.com/S/APP\">$(APP)$</a> is expected to report Nov. 10.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ATVI":"动视暴雪","RBLX":"Roblox Corporation","TTWO":"Take-Two Interactive Software","EA":"艺电","ZNGA":"Zynga"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2179922521","content_text":"Activision Blizzard, Electronic Arts and Take-Two will all report earnings within about 24 hours of each other after forecasted slowdown in pandemic boom scared some investors off the sector\nVideogame publishers and related stocks took a hit from a projected slowdown in the pandemic boom for games, but they get a chance for new life with third-quarter earnings and important holiday forecasts in the coming days.\nThe forecasts delivered three months ago indicated that the booming growth fueled by the pandemic was slowing down, and many stocks were marked down into the bargain bin as a result. Over the September-ending quarter, Activision Blizzard Inc. $(ATVI)$ shares plummeted 19%, Take-Two Interactive Software Inc. (TTWO)shares fell 13%, Electronic Arts Inc. $(EA)$ shares slipped 1%, Zynga Inc. $(ZNGA)$ shares dropped 29%, and Roblox Inc. $(RBLX)$ shares fell 16%. In comparison, the S&P 500 index rose 0.2% and the iShares Expanded Tech-Software Sector ETF $(IGV.UK)$ rose 2%.\nWhile videogame stocks have struggled as a group in the past three months, analysts haven't seen much change in the long-term trajectory for one of the biggest-selling forms of entertainment, with expected 2021 revenue of nearly $260 billion, according to IDC estimates.\n\"We believe that underlying video game fundamentals remain strong, with 2020's growth spurt due to shelter-in-place not appearing to reverse despite increasing levels of vaccination,\" Cowen analyst Doug Creutz recently wrote.\nCreutz contended that valuations are at multi-year lows \"both in absolute terms and relative to the market,\" but said investors are confused why many videogame stocks are underperforming the market.\n\"We have received many inbound phone calls after in the last couple of months seeking to understand the bear case here; our response has generally been that we don't think there is one, other than that these stocks seem to never go up,\" Creutz said. \"While we think concerns about videogame shares in a reopening scenario pressured the group late last year and early this year, we are now through the toughest COVID-19 comps (Q2) and monetization and engagement appears to remain quite healthy.\"\n\"Our view on the space now is the most bullish we have been in at least five years, as multiples currently appear very attractive relative to the market and historical norms,\" the Cowen analyst said.\nPublishers and related companies have a chance to reverse course with their holiday forecasts, as well as by outperforming their own third-quarter expectations. Activision Blizzard (ATVI) kicks the week off with an earnings report scheduled for Tuesday after the close of markets, and a flood soon follows into the next week.\nActivision Blizzard has been in full damage control mode for more than a full quarter, since corporate's perceived tone-deaf response to allegations of sexual discrimination and harassment charges blew up, leading to an employee walkout. The company spent nearly all of last quarter's conference call with analysts addressing how it was going to ensure a safe and equitable workplace.\nLater, the company was hit with a federal labor complaint that it had allegedly mistreated protesting employees. Most recently, the company reportedly fired and reprimanded dozens of employees over discrimination and harassment changes, and Chief Executive Bobby Kotick promised to take a pay cut\nMKM Partners analyst Eric Handler, who has a buy and a $108 price target on Activision Blizzard, said the relatively low price of the stock and expected accelerating growth into 2022 gave the stock a favorable risk/reward profile.\n\"We continue to like the setup for accelerating growth in 2022 paced by a larger game release lineup, including the likely and long-awaited launches of 'Diablo Immortal,' 'Overwatch 2,' the next ['World of Warcraft'] expansion pack, and at least one other new, high-profile mobile game launch,\" Handler said.\nThe waiting is the hardest part\nWhile global supply-chain problems are scaring consumers with the possibility of empty shelves for the holiday season, videogame software has largely become distributed digitally, so while hardware and peripherals might get stuck in cargo containers, the games themselves should dodge that bullet.\nThat said, the games themselves have had their own problems of late: Delayed releases.\nChristoph Hartmann, a former president of Take-Two who now leads Amazon.com Inc.'s $(AMZN)$ videogame development studios, told MarketWatch recently that traditional publishers that derive their sole source of income from games are under enormous pressure to release games under a fiscal schedule, but that raises the risk of releasing a game before all the bugs have been worked out.\nThat was certainly the case with CD Projekt SA's long-awaited and long-overdue release last year of \"Cyberpunk 2077\" from that forced distributors like Sony Group Corp. to offer full refunds.\nTake-Two, which is scheduled to report Wednesday after the bell, needs to wrest itself from recently announced delays. Back in September, Take-Two said expansions of the \"Grand Theft Auto\" franchise and two \"immersive core titles\" would be delayed. Electronic Arts also reports on Wednesday, and has also had to address delays. Back in September, EA said that \"Battlefield 2042\" would be released worldwide on Nov. 19, delayed compared with its previously expected Oct. 22 release, but not as bad as \"sometime in 2022,\" as had been rumored.\nIn a recent note, KeyBanc Capital Markets analyst Tyler Parker said he sees Activision Blizzard's near-term concerns priced in to the stock, and that EA has the least risk heading into earnings. Parker has overweight ratings on Activision and EA, and a sector weight rating on Take-Two.\n\"With fundamentals remaining resilient and the fact that pandemic-related comps should ease as a storyline heading into the Holidays, we believe sentiment could start to improve for the group, particularly as out-year guides indicating growth creep closer,\" Parker said.\nAnd then the newcomers, and Zynga\nRounding out Wednesday's earnings, Playtika Holding Corp. (PLTK) is scheduled to report. The Israel-based game developer was one of the sector's better performers last earnings season, and recently announced it was acquiring design entertainment company Reworks Oy in a deal valued up to $600 million. It stock was one of the few to gain of late, adding 25.6% in the past three months.\nAlso, investors will see if publishers have any commentary on whether a recent app-store ruling boosted the top line. Back in September, a federal judge ruled that Apple Inc. $(AAPL)$ can no longer force app developers to use its payment system, which was seen as a boon to gaming companies that had to pay Apple a cut of their in-app purchases.\nIn the following week, both Zynga and Roblox are scheduled to report on Nov. 8, Unity Software Inc. (U) is scheduled for Nov. 9, and app-monetization company AppLovin Inc. $(APP)$ is expected to report Nov. 10.","news_type":1},"isVote":1,"tweetType":1,"viewCount":459,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":855354863,"gmtCreate":1635339756464,"gmtModify":1635339756532,"author":{"id":"4089957201754510","authorId":"4089957201754510","name":"teot","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089957201754510","authorIdStr":"4089957201754510"},"themes":[],"htmlText":"Lkke pls","listText":"Lkke pls","text":"Lkke pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/855354863","repostId":"2178923315","repostType":4,"isVote":1,"tweetType":1,"viewCount":605,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":851096775,"gmtCreate":1634857620853,"gmtModify":1634857620914,"author":{"id":"4089957201754510","authorId":"4089957201754510","name":"teot","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089957201754510","authorIdStr":"4089957201754510"},"themes":[],"htmlText":"こんにちわ","listText":"こんにちわ","text":"こんにちわ","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/851096775","repostId":"2177467336","repostType":4,"repost":{"id":"2177467336","kind":"news","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1634857021,"share":"https://www.laohu8.com/m/news/2177467336?lang=&edition=full","pubTime":"2021-10-22 06:57","market":"us","language":"en","title":"Intel shares sink as sales third-quarter sales miss estimates","url":"https://stock-news.laohu8.com/highlight/detail?id=2177467336","media":"Reuters","summary":"Shares of Intel Corp sank on Thursday as the company reported third-quarter sales that missed expect","content":"<p>Shares of Intel Corp sank on Thursday as the company reported third-quarter sales that missed expectations, with Chief Executive Officer Pat Gelsinger saying that shortages of ancillary chips needed to make full computers are holding back sales of the company's flagship processor chips.</p>\n<p>The company's leaders also said that margins will be lower for several years and that it will spend heavily to revamp its chip factories. Shares of Santa Clara, California-based Intel, the world's biggest maker of central processors at the heart of PCs and data center servers, fell&nbsp;nearly 9% in extending trading.</p>\n<p><img src=\"https://static.tigerbbs.com/2acbb6b1b32008be3f0adc723eeed188\" tg-width=\"848\" tg-height=\"620\" referrerpolicy=\"no-referrer\"></p>\n<p>Gelsinger said Intel has resolved shortages facing its own internal manufacturing operations, but that shortages of other chips such as power management chips and WiFi chips were stopping its customers from shipping PCs and servers, reducing the need for Intel's chips.</p>\n<p>\"That's a direct result of the overall supply challenges of the semiconductor industry,\" Gelsinger told Reuters in an interview.</p>\n<p>Gelsinger's plan to remake the company by fixing its internal manufacturing issues while opening its doors to outside customers has largely gone over well with investors, with shares rising about 11% this year before Thursday's results.</p>\n<p>Giving an unexpected long-range forecast on an investor call Thursday, Intel said that it expects at least $74 billion in revenue in 2022, higher than analyst estimates of $73 billion. But the company also plans to spend heavily, saying that capital expenditures could be $25 billion to $28 billion in 2022 and higher in subsequent years.</p>\n<p>On an operational level, Intel said gross margins are likely to be between 51% and 53% in the next two to three years, below the 56.2% that analysts expect for 2021, according to Refinitiv data.</p>\n<p>Meanwhile, rivals like Nvidia Corp and Advanced Micro Devices who make faster chips by leveraging outside contract manufacturers are continuing to eat into Intel's market share.</p>\n<p>Intel missed estimates for its data center segment, with sales of $6.5 billion compared with estimates of $6.6 billion, according to Refinitiv data. Gelsinger told Reuters some of the data center results were because of Chinese cloud computing vendors - major customers of Intel - adjusting to new rules from the Chinese government.</p>\n<p>Atlantic Equities analyst Ianjit Bhatti said the lower sales to cloud computing groups reflected market share gains by <a href=\"https://laohu8.com/S/AMD\">AMD</a>. Shares of AMD&nbsp;were up slightly after Intel's results.</p>\n<p><img src=\"https://static.tigerbbs.com/a6fa48063ac2b36ad49f7b8c0c06e5dd\" tg-width=\"848\" tg-height=\"617\" width=\"100%\" height=\"auto\"></p>\n<p>Intel reported adjusted sales for the third-quarter ended Sept. 25 of $18.1 billion, missing estimates of $18.24 billion, according to IBES data from Refinitiv. Intel reported adjusted profits of $1.71 per share, compared with Wall Street estimates of $1.11 per share, according to Refinitiv data.</p>\n<p>Intel Chief Financial Officer George Davis, who Intel said on Thursday will retire in May 2022, said about 14 cents of the outperformance came from demand for higher-margin products and operational gains, while the rest came from <a href=\"https://laohu8.com/S/AONE.U\">one</a>-time items like tax restructuring.</p>\n<p>Intel forecast fourth-quarter revenue slightly above Wall Street expectations. The company expects fourth-quarter revenue of about $18.3 billion, compared with analysts' average estimate of $18.25 billion, according to IBES data from Refinitiv.</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>Intel shares sink as sales third-quarter sales miss estimates</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIntel shares sink as sales third-quarter sales miss estimates\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 06:57</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Shares of Intel Corp sank on Thursday as the company reported third-quarter sales that missed expectations, with Chief Executive Officer Pat Gelsinger saying that shortages of ancillary chips needed to make full computers are holding back sales of the company's flagship processor chips.</p>\n<p>The company's leaders also said that margins will be lower for several years and that it will spend heavily to revamp its chip factories. Shares of Santa Clara, California-based Intel, the world's biggest maker of central processors at the heart of PCs and data center servers, fell&nbsp;nearly 9% in extending trading.</p>\n<p><img src=\"https://static.tigerbbs.com/2acbb6b1b32008be3f0adc723eeed188\" tg-width=\"848\" tg-height=\"620\" referrerpolicy=\"no-referrer\"></p>\n<p>Gelsinger said Intel has resolved shortages facing its own internal manufacturing operations, but that shortages of other chips such as power management chips and WiFi chips were stopping its customers from shipping PCs and servers, reducing the need for Intel's chips.</p>\n<p>\"That's a direct result of the overall supply challenges of the semiconductor industry,\" Gelsinger told Reuters in an interview.</p>\n<p>Gelsinger's plan to remake the company by fixing its internal manufacturing issues while opening its doors to outside customers has largely gone over well with investors, with shares rising about 11% this year before Thursday's results.</p>\n<p>Giving an unexpected long-range forecast on an investor call Thursday, Intel said that it expects at least $74 billion in revenue in 2022, higher than analyst estimates of $73 billion. But the company also plans to spend heavily, saying that capital expenditures could be $25 billion to $28 billion in 2022 and higher in subsequent years.</p>\n<p>On an operational level, Intel said gross margins are likely to be between 51% and 53% in the next two to three years, below the 56.2% that analysts expect for 2021, according to Refinitiv data.</p>\n<p>Meanwhile, rivals like Nvidia Corp and Advanced Micro Devices who make faster chips by leveraging outside contract manufacturers are continuing to eat into Intel's market share.</p>\n<p>Intel missed estimates for its data center segment, with sales of $6.5 billion compared with estimates of $6.6 billion, according to Refinitiv data. Gelsinger told Reuters some of the data center results were because of Chinese cloud computing vendors - major customers of Intel - adjusting to new rules from the Chinese government.</p>\n<p>Atlantic Equities analyst Ianjit Bhatti said the lower sales to cloud computing groups reflected market share gains by <a href=\"https://laohu8.com/S/AMD\">AMD</a>. Shares of AMD&nbsp;were up slightly after Intel's results.</p>\n<p><img src=\"https://static.tigerbbs.com/a6fa48063ac2b36ad49f7b8c0c06e5dd\" tg-width=\"848\" tg-height=\"617\" width=\"100%\" height=\"auto\"></p>\n<p>Intel reported adjusted sales for the third-quarter ended Sept. 25 of $18.1 billion, missing estimates of $18.24 billion, according to IBES data from Refinitiv. Intel reported adjusted profits of $1.71 per share, compared with Wall Street estimates of $1.11 per share, according to Refinitiv data.</p>\n<p>Intel Chief Financial Officer George Davis, who Intel said on Thursday will retire in May 2022, said about 14 cents of the outperformance came from demand for higher-margin products and operational gains, while the rest came from <a href=\"https://laohu8.com/S/AONE.U\">one</a>-time items like tax restructuring.</p>\n<p>Intel forecast fourth-quarter revenue slightly above Wall Street expectations. The company expects fourth-quarter revenue of about $18.3 billion, compared with analysts' average estimate of $18.25 billion, according to IBES data from Refinitiv.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"INTC":"英特尔"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2177467336","content_text":"Shares of Intel Corp sank on Thursday as the company reported third-quarter sales that missed expectations, with Chief Executive Officer Pat Gelsinger saying that shortages of ancillary chips needed to make full computers are holding back sales of the company's flagship processor chips.\nThe company's leaders also said that margins will be lower for several years and that it will spend heavily to revamp its chip factories. Shares of Santa Clara, California-based Intel, the world's biggest maker of central processors at the heart of PCs and data center servers, fell nearly 9% in extending trading.\n\nGelsinger said Intel has resolved shortages facing its own internal manufacturing operations, but that shortages of other chips such as power management chips and WiFi chips were stopping its customers from shipping PCs and servers, reducing the need for Intel's chips.\n\"That's a direct result of the overall supply challenges of the semiconductor industry,\" Gelsinger told Reuters in an interview.\nGelsinger's plan to remake the company by fixing its internal manufacturing issues while opening its doors to outside customers has largely gone over well with investors, with shares rising about 11% this year before Thursday's results.\nGiving an unexpected long-range forecast on an investor call Thursday, Intel said that it expects at least $74 billion in revenue in 2022, higher than analyst estimates of $73 billion. But the company also plans to spend heavily, saying that capital expenditures could be $25 billion to $28 billion in 2022 and higher in subsequent years.\nOn an operational level, Intel said gross margins are likely to be between 51% and 53% in the next two to three years, below the 56.2% that analysts expect for 2021, according to Refinitiv data.\nMeanwhile, rivals like Nvidia Corp and Advanced Micro Devices who make faster chips by leveraging outside contract manufacturers are continuing to eat into Intel's market share.\nIntel missed estimates for its data center segment, with sales of $6.5 billion compared with estimates of $6.6 billion, according to Refinitiv data. Gelsinger told Reuters some of the data center results were because of Chinese cloud computing vendors - major customers of Intel - adjusting to new rules from the Chinese government.\nAtlantic Equities analyst Ianjit Bhatti said the lower sales to cloud computing groups reflected market share gains by AMD. Shares of AMD were up slightly after Intel's results.\n\nIntel reported adjusted sales for the third-quarter ended Sept. 25 of $18.1 billion, missing estimates of $18.24 billion, according to IBES data from Refinitiv. Intel reported adjusted profits of $1.71 per share, compared with Wall Street estimates of $1.11 per share, according to Refinitiv data.\nIntel Chief Financial Officer George Davis, who Intel said on Thursday will retire in May 2022, said about 14 cents of the outperformance came from demand for higher-margin products and operational gains, while the rest came from one-time items like tax restructuring.\nIntel forecast fourth-quarter revenue slightly above Wall Street expectations. The company expects fourth-quarter revenue of about $18.3 billion, compared with analysts' average estimate of $18.25 billion, according to IBES data from Refinitiv.","news_type":1},"isVote":1,"tweetType":1,"viewCount":634,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":851093424,"gmtCreate":1634857500426,"gmtModify":1634857500499,"author":{"id":"4089957201754510","authorId":"4089957201754510","name":"teot","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089957201754510","authorIdStr":"4089957201754510"},"themes":[],"htmlText":"Ls","listText":"Ls","text":"Ls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/851093424","repostId":"2177640184","repostType":4,"repost":{"id":"2177640184","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1634856338,"share":"https://www.laohu8.com/m/news/2177640184?lang=&edition=full","pubTime":"2021-10-22 06:45","market":"hk","language":"en","title":"Snap stock plummets as it blames Apple for sales miss, Facebook and Google also drop","url":"https://stock-news.laohu8.com/highlight/detail?id=2177640184","media":"Dow Jones","summary":"In earnings report, Snap says revenue was constrained by Apple privacy changes and supply-chain issues, which is taking a bite out of other ad-focused tech companies.$Snap Inc$. shares were slammed Thursday, initially plunging more than 25% in extended trading, after the social-media company reported middling revenue and blamed Apple Inc. and supply-chain constraints.The maker of photo messaging app Snapchat said privacy changes imposed by Apple $$ on iOS devices hurt Snap's ability to target an","content":"<p>In earnings report, Snap says revenue was constrained by Apple privacy changes and supply-chain issues, which is taking a bite out of other ad-focused tech companies.</p>\n<p><a href=\"https://laohu8.com/S/SNAP\">Snap Inc</a>. shares were slammed Thursday, initially plunging more than 25% in extended trading, after the social-media company reported middling revenue and blamed Apple Inc. and supply-chain constraints.</p>\n<p><img src=\"https://static.tigerbbs.com/433696ff0742fd81977b574c2182c26d\" tg-width=\"847\" tg-height=\"622\" referrerpolicy=\"no-referrer\"></p>\n<p>The maker of photo messaging app Snapchat said privacy changes imposed by Apple <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a> on iOS devices hurt Snap's ability to target and measure its digital advertising. Compounding matters, Snap said global supply chain disruptions and labor shortages caused companies to pull back on their advertising spending.</p>\n<p>Snap (SNAP)announced a net loss of $71.9 million, or 5 cents a share, down from a loss of $199.8 million, or 14 cents a share a year ago and besting street predictions of a loss of 10 cents a share, according to analysts polled by FactSet. Snap reported adjusted earnings of 17 cents a share. Snap's sales improved 57% to $1.07 billion, lower than Street estimates of $1.1 billion.</p>\n<p>Snap said it expects the Apple privacy changes and global supply chain disruptions to linger through the fourth quarter.</p>\n<p>\"We're now operating at the scale necessary to navigate significant headwinds, including changes to the iOS platform that impact the way advertising is targeted,measured, and optimized, as well as global supply chain issues and labor shortages impacting our partners,\" Snap Chief Executive Evan Spiegel said in a statement.</p>\n<p>Thursday's precipitous plunge in stock erased recent gains; Snap shares are up 50% so far this year, while the broader S&amp;P 500 index SPX has improved 21% in 2021. Shares of Facebook Inc. (FB), by comparison, are up 25% this year, but they also fell in the extended session Thursday, by more than 4%. Alphabet Inc., <a href=\"https://laohu8.com/S/TWTR\">Twitter&nbsp;Inc.</a>&nbsp;and Pinterest Inc&nbsp;also dropped in late trading.</p>\n<p><img src=\"https://static.tigerbbs.com/d67ee2807d12c32d65f6b3d3874b41d4\" tg-width=\"850\" tg-height=\"619\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/4ff84729a849ce72b587e12e17c018ef\" tg-width=\"850\" tg-height=\"619\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/7fb07df840078f03481a534370acc830\" tg-width=\"850\" tg-height=\"619\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/bf135653413e81b2585e19e7147de5ae\" tg-width=\"850\" tg-height=\"618\" referrerpolicy=\"no-referrer\"></p>\n<p>The results -- the first from a major social-media company during earnings season -- are being closely watched by investors in the other social-media companies. Those companies, like Snap, are heavily dependent on digital advertising, which swooned/galloped in the September quarter, according to Wall Street analysts.</p>\n<p>Snap reported 306 million daily active users in the third quarter, edging an average analyst forecast of 301.8 million, according to FactSet.</p>\n<p>On Tuesday, Snap announced the launch of a global creative studio, called Arcadia, to help brands develop augmented reality advertising and experiences. The studio -- which has already teamed up with Verizon Communications Inc., <a href=\"https://laohu8.com/S/SHAK\">Shake Shack Inc</a>., and World Wrestling Entertainment Inc. -- will partner with brands and creators to engage with Snapchat's millennial and Gen Z audiences.</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>Snap stock plummets as it blames Apple for sales miss, Facebook and Google also drop</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\">\nSnap stock plummets as it blames Apple for sales miss, Facebook and Google also drop\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-10-22 06:45</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>In earnings report, Snap says revenue was constrained by Apple privacy changes and supply-chain issues, which is taking a bite out of other ad-focused tech companies.</p>\n<p><a href=\"https://laohu8.com/S/SNAP\">Snap Inc</a>. shares were slammed Thursday, initially plunging more than 25% in extended trading, after the social-media company reported middling revenue and blamed Apple Inc. and supply-chain constraints.</p>\n<p><img src=\"https://static.tigerbbs.com/433696ff0742fd81977b574c2182c26d\" tg-width=\"847\" tg-height=\"622\" referrerpolicy=\"no-referrer\"></p>\n<p>The maker of photo messaging app Snapchat said privacy changes imposed by Apple <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a> on iOS devices hurt Snap's ability to target and measure its digital advertising. Compounding matters, Snap said global supply chain disruptions and labor shortages caused companies to pull back on their advertising spending.</p>\n<p>Snap (SNAP)announced a net loss of $71.9 million, or 5 cents a share, down from a loss of $199.8 million, or 14 cents a share a year ago and besting street predictions of a loss of 10 cents a share, according to analysts polled by FactSet. Snap reported adjusted earnings of 17 cents a share. Snap's sales improved 57% to $1.07 billion, lower than Street estimates of $1.1 billion.</p>\n<p>Snap said it expects the Apple privacy changes and global supply chain disruptions to linger through the fourth quarter.</p>\n<p>\"We're now operating at the scale necessary to navigate significant headwinds, including changes to the iOS platform that impact the way advertising is targeted,measured, and optimized, as well as global supply chain issues and labor shortages impacting our partners,\" Snap Chief Executive Evan Spiegel said in a statement.</p>\n<p>Thursday's precipitous plunge in stock erased recent gains; Snap shares are up 50% so far this year, while the broader S&amp;P 500 index SPX has improved 21% in 2021. Shares of Facebook Inc. (FB), by comparison, are up 25% this year, but they also fell in the extended session Thursday, by more than 4%. Alphabet Inc., <a href=\"https://laohu8.com/S/TWTR\">Twitter&nbsp;Inc.</a>&nbsp;and Pinterest Inc&nbsp;also dropped in late trading.</p>\n<p><img src=\"https://static.tigerbbs.com/d67ee2807d12c32d65f6b3d3874b41d4\" tg-width=\"850\" tg-height=\"619\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/4ff84729a849ce72b587e12e17c018ef\" tg-width=\"850\" tg-height=\"619\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/7fb07df840078f03481a534370acc830\" tg-width=\"850\" tg-height=\"619\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/bf135653413e81b2585e19e7147de5ae\" tg-width=\"850\" tg-height=\"618\" referrerpolicy=\"no-referrer\"></p>\n<p>The results -- the first from a major social-media company during earnings season -- are being closely watched by investors in the other social-media companies. Those companies, like Snap, are heavily dependent on digital advertising, which swooned/galloped in the September quarter, according to Wall Street analysts.</p>\n<p>Snap reported 306 million daily active users in the third quarter, edging an average analyst forecast of 301.8 million, according to FactSet.</p>\n<p>On Tuesday, Snap announced the launch of a global creative studio, called Arcadia, to help brands develop augmented reality advertising and experiences. The studio -- which has already teamed up with Verizon Communications Inc., <a href=\"https://laohu8.com/S/SHAK\">Shake Shack Inc</a>., and World Wrestling Entertainment Inc. -- will partner with brands and creators to engage with Snapchat's millennial and Gen Z audiences.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SNAP":"Snap Inc","AAPL":"苹果","GOOGL":"谷歌A","GOOG":"谷歌"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2177640184","content_text":"In earnings report, Snap says revenue was constrained by Apple privacy changes and supply-chain issues, which is taking a bite out of other ad-focused tech companies.\nSnap Inc. shares were slammed Thursday, initially plunging more than 25% in extended trading, after the social-media company reported middling revenue and blamed Apple Inc. and supply-chain constraints.\n\nThe maker of photo messaging app Snapchat said privacy changes imposed by Apple $(AAPL)$ on iOS devices hurt Snap's ability to target and measure its digital advertising. Compounding matters, Snap said global supply chain disruptions and labor shortages caused companies to pull back on their advertising spending.\nSnap (SNAP)announced a net loss of $71.9 million, or 5 cents a share, down from a loss of $199.8 million, or 14 cents a share a year ago and besting street predictions of a loss of 10 cents a share, according to analysts polled by FactSet. Snap reported adjusted earnings of 17 cents a share. Snap's sales improved 57% to $1.07 billion, lower than Street estimates of $1.1 billion.\nSnap said it expects the Apple privacy changes and global supply chain disruptions to linger through the fourth quarter.\n\"We're now operating at the scale necessary to navigate significant headwinds, including changes to the iOS platform that impact the way advertising is targeted,measured, and optimized, as well as global supply chain issues and labor shortages impacting our partners,\" Snap Chief Executive Evan Spiegel said in a statement.\nThursday's precipitous plunge in stock erased recent gains; Snap shares are up 50% so far this year, while the broader S&P 500 index SPX has improved 21% in 2021. Shares of Facebook Inc. (FB), by comparison, are up 25% this year, but they also fell in the extended session Thursday, by more than 4%. Alphabet Inc., Twitter Inc. and Pinterest Inc also dropped in late trading.\n\nThe results -- the first from a major social-media company during earnings season -- are being closely watched by investors in the other social-media companies. Those companies, like Snap, are heavily dependent on digital advertising, which swooned/galloped in the September quarter, according to Wall Street analysts.\nSnap reported 306 million daily active users in the third quarter, edging an average analyst forecast of 301.8 million, according to FactSet.\nOn Tuesday, Snap announced the launch of a global creative studio, called Arcadia, to help brands develop augmented reality advertising and experiences. The studio -- which has already teamed up with Verizon Communications Inc., Shake Shack Inc., and World Wrestling Entertainment Inc. -- will partner with brands and creators to engage with Snapchat's millennial and Gen Z audiences.","news_type":1},"isVote":1,"tweetType":1,"viewCount":620,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":859174614,"gmtCreate":1634684535164,"gmtModify":1634684535233,"author":{"id":"4089957201754510","authorId":"4089957201754510","name":"teot","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089957201754510","authorIdStr":"4089957201754510"},"themes":[],"htmlText":"Comment","listText":"Comment","text":"Comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/859174614","repostId":"2176710436","repostType":4,"isVote":1,"tweetType":1,"viewCount":658,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":859175411,"gmtCreate":1634684475737,"gmtModify":1634684475808,"author":{"id":"4089957201754510","authorId":"4089957201754510","name":"teot","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089957201754510","authorIdStr":"4089957201754510"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/859175411","repostId":"2176710436","repostType":4,"repost":{"id":"2176710436","kind":"news","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1634683772,"share":"https://www.laohu8.com/m/news/2176710436?lang=&edition=full","pubTime":"2021-10-20 06:49","market":"us","language":"en","title":"Wall Street ends higher as investors bet on positive earnings season","url":"https://stock-news.laohu8.com/highlight/detail?id=2176710436","media":"Reuters","summary":"Oct 19 (Reuters) - U.S. stock indexes closed higher on Tuesday with the biggest boosts from the tech","content":"<p>Oct 19 (Reuters) - U.S. stock indexes closed higher on Tuesday with the biggest boosts from the technology and healthcare sectors as investors appeared to bet on solid quarterly reports even as some worried that it was too early to celebrate.</p>\n<p>In its fifth straight session of gains, the benchmark S&amp;P 500 index finished just 0.4% below its early September record close while the Dow Jones Industrials average ended the day about 0.5% below its record reached in mid-August.</p>\n<p>Johnson &amp; Johnson's shares added 2.3% providing a big boost to the S&amp;P 500 after it raised its 2021 adjusted profit forecast. Insurer Travelers Cos Inc climbed 1.6% after beating its profit estimates.</p>\n<p>High-profile technology and communications companies were also big S&amp;P boosts with Apple Inc, <a href=\"https://laohu8.com/S/FB\">Facebook</a> and Microsoft all rising.</p>\n<p>But in the second week of earnings with a \"very small sample\" of releases, Steve Sosnick, chief strategist at Interactive Brokers, worried about a possible pullback.</p>\n<p>\"We're seeing volatility measures like the VIX flipping from nervous to complacent in a really short period of time,\" said Sosnick. \"We may be a bit ahead of ourselves. The mostly likely scenario is that we make one more run at new S&amp;P highs and then we pull back, subject to earnings.\"</p>\n<p>The CBOE market volatility index fell 0.6 points after earlier hitting 15.57, its lowest level since mid-August.</p>\n<p>Analysts now expect S&amp;P 500 earnings to rise 32.4% from a year earlier, according to Refinitiv data.</p>\n<p>\"The key for the market to going up from here will not be higher multiples, it will have to be higher earnings. That's why it's so important to pay attention to what those profit margins do going forward and what the trajectory of GDP looks like,\" said Eric Marshall, portfolio manager at Hodges Funds.</p>\n<p>\"Investors will be paying very close attention to pricing power, how companies are dealing with labor shortages and inflationary cost pressures within their business.\"</p>\n<p>The Dow Jones Industrial Average rose 198.7 points, or 0.56%, to 35,457.31, the S&amp;P 500 gained 33.17 points, or 0.74%, to 4,519.63 and the Nasdaq Composite added 107.28 points, or 0.71%, to 15,129.09.</p>\n<p>Ten of the eleven major S&amp;P 500 sectors closed higher, with healthcare stocks, up 1.3% after dropping 0.7% in Monday's session. The next biggest gainer was utilities , which rose 1.26% after falling almost 1% Monday.</p>\n<p>Netflix Inc, after closing up 0.2%, declined to gains while the bell when quarterly results showed that global interest in Korean thriller \"Squid Game\" lured more new customers than expected.</p>\n<p>Tesla Inc, which closed down 0.7%, is due to release results on Wednesday, with investors watching for indications of its performance in China.</p>\n<p>Procter &amp; Gamble Co, fell 1% during the session, after it warned that it would have to raise prices of some products to counter higher commodity and freight costs.</p>\n<p>However, Walmart Inc shares added 2% after being added to Goldman Sachs \"Americas Conviction List.\"</p>\n<p>Helping the healthcare sector on Tuesday was drugmaker Merck &amp; Co Inc, which rose 3% while Pfizer Inc climbed 1.9% following the release of a competitor's COVID-19 drug study results.</p>\n<p>Its competitor, Atea Pharmaceuticals Inc, fell 66% after the company's antiviral pill, being developed with Roche , failed to help patients with mild and moderate COVID-19.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 1.51-to-1 ratio; on Nasdaq, a 1.69-to-1 ratio favored advancers.</p>\n<p>The S&amp;P 500 posted 44 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 72 new highs and 69 new lows.</p>\n<p>On U.S. exchanges 9.5 billion shares changed hands compared with the 10.29 billion moving average for the last 20 sessions.</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>Wall Street ends higher as investors bet on positive earnings season</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; 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}\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\">\nWall Street ends higher as investors bet on positive earnings season\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\">2021-10-20 06:49</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Oct 19 (Reuters) - U.S. stock indexes closed higher on Tuesday with the biggest boosts from the technology and healthcare sectors as investors appeared to bet on solid quarterly reports even as some worried that it was too early to celebrate.</p>\n<p>In its fifth straight session of gains, the benchmark S&amp;P 500 index finished just 0.4% below its early September record close while the Dow Jones Industrials average ended the day about 0.5% below its record reached in mid-August.</p>\n<p>Johnson &amp; Johnson's shares added 2.3% providing a big boost to the S&amp;P 500 after it raised its 2021 adjusted profit forecast. Insurer Travelers Cos Inc climbed 1.6% after beating its profit estimates.</p>\n<p>High-profile technology and communications companies were also big S&amp;P boosts with Apple Inc, <a href=\"https://laohu8.com/S/FB\">Facebook</a> and Microsoft all rising.</p>\n<p>But in the second week of earnings with a \"very small sample\" of releases, Steve Sosnick, chief strategist at Interactive Brokers, worried about a possible pullback.</p>\n<p>\"We're seeing volatility measures like the VIX flipping from nervous to complacent in a really short period of time,\" said Sosnick. \"We may be a bit ahead of ourselves. The mostly likely scenario is that we make one more run at new S&amp;P highs and then we pull back, subject to earnings.\"</p>\n<p>The CBOE market volatility index fell 0.6 points after earlier hitting 15.57, its lowest level since mid-August.</p>\n<p>Analysts now expect S&amp;P 500 earnings to rise 32.4% from a year earlier, according to Refinitiv data.</p>\n<p>\"The key for the market to going up from here will not be higher multiples, it will have to be higher earnings. That's why it's so important to pay attention to what those profit margins do going forward and what the trajectory of GDP looks like,\" said Eric Marshall, portfolio manager at Hodges Funds.</p>\n<p>\"Investors will be paying very close attention to pricing power, how companies are dealing with labor shortages and inflationary cost pressures within their business.\"</p>\n<p>The Dow Jones Industrial Average rose 198.7 points, or 0.56%, to 35,457.31, the S&amp;P 500 gained 33.17 points, or 0.74%, to 4,519.63 and the Nasdaq Composite added 107.28 points, or 0.71%, to 15,129.09.</p>\n<p>Ten of the eleven major S&amp;P 500 sectors closed higher, with healthcare stocks, up 1.3% after dropping 0.7% in Monday's session. The next biggest gainer was utilities , which rose 1.26% after falling almost 1% Monday.</p>\n<p>Netflix Inc, after closing up 0.2%, declined to gains while the bell when quarterly results showed that global interest in Korean thriller \"Squid Game\" lured more new customers than expected.</p>\n<p>Tesla Inc, which closed down 0.7%, is due to release results on Wednesday, with investors watching for indications of its performance in China.</p>\n<p>Procter &amp; Gamble Co, fell 1% during the session, after it warned that it would have to raise prices of some products to counter higher commodity and freight costs.</p>\n<p>However, Walmart Inc shares added 2% after being added to Goldman Sachs \"Americas Conviction List.\"</p>\n<p>Helping the healthcare sector on Tuesday was drugmaker Merck &amp; Co Inc, which rose 3% while Pfizer Inc climbed 1.9% following the release of a competitor's COVID-19 drug study results.</p>\n<p>Its competitor, Atea Pharmaceuticals Inc, fell 66% after the company's antiviral pill, being developed with Roche , failed to help patients with mild and moderate COVID-19.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 1.51-to-1 ratio; on Nasdaq, a 1.69-to-1 ratio favored advancers.</p>\n<p>The S&amp;P 500 posted 44 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 72 new highs and 69 new lows.</p>\n<p>On U.S. exchanges 9.5 billion shares changed hands compared with the 10.29 billion moving average for the last 20 sessions.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index","MRK":"默沙东","PG":"宝洁","WMT":"沃尔玛","JNJ":"强生","NFLX":"奈飞",".DJI":"道琼斯",".IXIC":"NASDAQ Composite","TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2176710436","content_text":"Oct 19 (Reuters) - U.S. stock indexes closed higher on Tuesday with the biggest boosts from the technology and healthcare sectors as investors appeared to bet on solid quarterly reports even as some worried that it was too early to celebrate.\nIn its fifth straight session of gains, the benchmark S&P 500 index finished just 0.4% below its early September record close while the Dow Jones Industrials average ended the day about 0.5% below its record reached in mid-August.\nJohnson & Johnson's shares added 2.3% providing a big boost to the S&P 500 after it raised its 2021 adjusted profit forecast. Insurer Travelers Cos Inc climbed 1.6% after beating its profit estimates.\nHigh-profile technology and communications companies were also big S&P boosts with Apple Inc, Facebook and Microsoft all rising.\nBut in the second week of earnings with a \"very small sample\" of releases, Steve Sosnick, chief strategist at Interactive Brokers, worried about a possible pullback.\n\"We're seeing volatility measures like the VIX flipping from nervous to complacent in a really short period of time,\" said Sosnick. \"We may be a bit ahead of ourselves. The mostly likely scenario is that we make one more run at new S&P highs and then we pull back, subject to earnings.\"\nThe CBOE market volatility index fell 0.6 points after earlier hitting 15.57, its lowest level since mid-August.\nAnalysts now expect S&P 500 earnings to rise 32.4% from a year earlier, according to Refinitiv data.\n\"The key for the market to going up from here will not be higher multiples, it will have to be higher earnings. That's why it's so important to pay attention to what those profit margins do going forward and what the trajectory of GDP looks like,\" said Eric Marshall, portfolio manager at Hodges Funds.\n\"Investors will be paying very close attention to pricing power, how companies are dealing with labor shortages and inflationary cost pressures within their business.\"\nThe Dow Jones Industrial Average rose 198.7 points, or 0.56%, to 35,457.31, the S&P 500 gained 33.17 points, or 0.74%, to 4,519.63 and the Nasdaq Composite added 107.28 points, or 0.71%, to 15,129.09.\nTen of the eleven major S&P 500 sectors closed higher, with healthcare stocks, up 1.3% after dropping 0.7% in Monday's session. The next biggest gainer was utilities , which rose 1.26% after falling almost 1% Monday.\nNetflix Inc, after closing up 0.2%, declined to gains while the bell when quarterly results showed that global interest in Korean thriller \"Squid Game\" lured more new customers than expected.\nTesla Inc, which closed down 0.7%, is due to release results on Wednesday, with investors watching for indications of its performance in China.\nProcter & Gamble Co, fell 1% during the session, after it warned that it would have to raise prices of some products to counter higher commodity and freight costs.\nHowever, Walmart Inc shares added 2% after being added to Goldman Sachs \"Americas Conviction List.\"\nHelping the healthcare sector on Tuesday was drugmaker Merck & Co Inc, which rose 3% while Pfizer Inc climbed 1.9% following the release of a competitor's COVID-19 drug study results.\nIts competitor, Atea Pharmaceuticals Inc, fell 66% after the company's antiviral pill, being developed with Roche , failed to help patients with mild and moderate COVID-19.\nAdvancing issues outnumbered declining ones on the NYSE by a 1.51-to-1 ratio; on Nasdaq, a 1.69-to-1 ratio favored advancers.\nThe S&P 500 posted 44 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 72 new highs and 69 new lows.\nOn U.S. exchanges 9.5 billion shares changed hands compared with the 10.29 billion moving average for the last 20 sessions.","news_type":1},"isVote":1,"tweetType":1,"viewCount":746,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":859175212,"gmtCreate":1634684455255,"gmtModify":1634684455337,"author":{"id":"4089957201754510","authorId":"4089957201754510","name":"teot","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089957201754510","authorIdStr":"4089957201754510"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/ME8U.SI\">$MAPLETREE INDUSTRIAL TRUST(ME8U.SI)$</a>shar","listText":"<a href=\"https://laohu8.com/S/ME8U.SI\">$MAPLETREE INDUSTRIAL TRUST(ME8U.SI)$</a>shar","text":"$MAPLETREE INDUSTRIAL TRUST(ME8U.SI)$shar","images":[{"img":"https://static.tigerbbs.com/4cc9f447819314bb711b60360b3e9d73","width":"720","height":"1531"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/859175212","isVote":1,"tweetType":1,"viewCount":487,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":850650241,"gmtCreate":1634598209266,"gmtModify":1634598209533,"author":{"id":"4089957201754510","authorId":"4089957201754510","name":"teot","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089957201754510","authorIdStr":"4089957201754510"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/850650241","repostId":"2176710120","repostType":4,"repost":{"id":"2176710120","kind":"news","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1634597369,"share":"https://www.laohu8.com/m/news/2176710120?lang=&edition=full","pubTime":"2021-10-19 06:49","market":"us","language":"en","title":"Cloud storage provider Backblaze files for U.S. IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=2176710120","media":"Reuters","summary":"(Reuters) - Cloud storage provider Backblaze Inc filed for a U.S. initial public offering (IPO) on M","content":"<p>(Reuters) - Cloud storage provider Backblaze Inc filed for a U.S. initial public offering (IPO) on Monday, cashing in on growing demand for cloud computing from businesses expanding their digital offerings during the COVID-19 pandemic.</p>\n<p>Reuters reported in November that Backblaze was seeking to hire investment banks for a 2021 IPO that could value it at around $1 billion.</p>\n<p>San Mateo, California-based Backblaze, led by co-founder Gleb Budman, started in 2007 selling backup software to consumers and companies. It has since expanded into cloud storage, with over half a million overall customers across more than 175 countries.</p>\n<p>In the cloud storage space, it competes with the likes of Amazon.com Inc's Amazon Web Services, although Backblaze targets smaller companies.</p>\n<p>According to a report Impact-of-COVID-19-on-the-Market---ResearchAndMarkets.com by Research and Markets, the global market for cloud computing services is projected to reach a revised size of $937.5 billion by 2027, growing at a compound annual rate of 17% over the seven years since 2020.</p>\n<p>Oppenheimer &amp; Co, William Blair and Raymond James are the lead underwriters on Backblaze's offering.</p>\n<p>The company will list its stock on the Nasdaq under the symbol \"BLZE\", according to a filing.</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>Cloud storage provider Backblaze files for U.S. IPO</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\">\nCloud storage provider Backblaze files for U.S. IPO\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\">2021-10-19 06:49</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(Reuters) - Cloud storage provider Backblaze Inc filed for a U.S. initial public offering (IPO) on Monday, cashing in on growing demand for cloud computing from businesses expanding their digital offerings during the COVID-19 pandemic.</p>\n<p>Reuters reported in November that Backblaze was seeking to hire investment banks for a 2021 IPO that could value it at around $1 billion.</p>\n<p>San Mateo, California-based Backblaze, led by co-founder Gleb Budman, started in 2007 selling backup software to consumers and companies. It has since expanded into cloud storage, with over half a million overall customers across more than 175 countries.</p>\n<p>In the cloud storage space, it competes with the likes of Amazon.com Inc's Amazon Web Services, although Backblaze targets smaller companies.</p>\n<p>According to a report Impact-of-COVID-19-on-the-Market---ResearchAndMarkets.com by Research and Markets, the global market for cloud computing services is projected to reach a revised size of $937.5 billion by 2027, growing at a compound annual rate of 17% over the seven years since 2020.</p>\n<p>Oppenheimer &amp; Co, William Blair and Raymond James are the lead underwriters on Backblaze's offering.</p>\n<p>The company will list its stock on the Nasdaq under the symbol \"BLZE\", according to a filing.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2176710120","content_text":"(Reuters) - Cloud storage provider Backblaze Inc filed for a U.S. initial public offering (IPO) on Monday, cashing in on growing demand for cloud computing from businesses expanding their digital offerings during the COVID-19 pandemic.\nReuters reported in November that Backblaze was seeking to hire investment banks for a 2021 IPO that could value it at around $1 billion.\nSan Mateo, California-based Backblaze, led by co-founder Gleb Budman, started in 2007 selling backup software to consumers and companies. It has since expanded into cloud storage, with over half a million overall customers across more than 175 countries.\nIn the cloud storage space, it competes with the likes of Amazon.com Inc's Amazon Web Services, although Backblaze targets smaller companies.\nAccording to a report Impact-of-COVID-19-on-the-Market---ResearchAndMarkets.com by Research and Markets, the global market for cloud computing services is projected to reach a revised size of $937.5 billion by 2027, growing at a compound annual rate of 17% over the seven years since 2020.\nOppenheimer & Co, William Blair and Raymond James are the lead underwriters on Backblaze's offering.\nThe company will list its stock on the Nasdaq under the symbol \"BLZE\", according to a filing.","news_type":1},"isVote":1,"tweetType":1,"viewCount":551,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":850627434,"gmtCreate":1634598180577,"gmtModify":1634598181344,"author":{"id":"4089957201754510","authorId":"4089957201754510","name":"teot","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089957201754510","authorIdStr":"4089957201754510"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/850627434","repostId":"2176710120","repostType":4,"isVote":1,"tweetType":1,"viewCount":813,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":855354863,"gmtCreate":1635339756464,"gmtModify":1635339756532,"author":{"id":"4089957201754510","authorId":"4089957201754510","name":"teot","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089957201754510","authorIdStr":"4089957201754510"},"themes":[],"htmlText":"Lkke pls","listText":"Lkke pls","text":"Lkke pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/855354863","repostId":"2178923315","repostType":4,"isVote":1,"tweetType":1,"viewCount":605,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":851096775,"gmtCreate":1634857620853,"gmtModify":1634857620914,"author":{"id":"4089957201754510","authorId":"4089957201754510","name":"teot","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089957201754510","authorIdStr":"4089957201754510"},"themes":[],"htmlText":"こんにちわ","listText":"こんにちわ","text":"こんにちわ","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/851096775","repostId":"2177467336","repostType":4,"repost":{"id":"2177467336","kind":"news","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1634857021,"share":"https://www.laohu8.com/m/news/2177467336?lang=&edition=full","pubTime":"2021-10-22 06:57","market":"us","language":"en","title":"Intel shares sink as sales third-quarter sales miss estimates","url":"https://stock-news.laohu8.com/highlight/detail?id=2177467336","media":"Reuters","summary":"Shares of Intel Corp sank on Thursday as the company reported third-quarter sales that missed expect","content":"<p>Shares of Intel Corp sank on Thursday as the company reported third-quarter sales that missed expectations, with Chief Executive Officer Pat Gelsinger saying that shortages of ancillary chips needed to make full computers are holding back sales of the company's flagship processor chips.</p>\n<p>The company's leaders also said that margins will be lower for several years and that it will spend heavily to revamp its chip factories. Shares of Santa Clara, California-based Intel, the world's biggest maker of central processors at the heart of PCs and data center servers, fell&nbsp;nearly 9% in extending trading.</p>\n<p><img src=\"https://static.tigerbbs.com/2acbb6b1b32008be3f0adc723eeed188\" tg-width=\"848\" tg-height=\"620\" referrerpolicy=\"no-referrer\"></p>\n<p>Gelsinger said Intel has resolved shortages facing its own internal manufacturing operations, but that shortages of other chips such as power management chips and WiFi chips were stopping its customers from shipping PCs and servers, reducing the need for Intel's chips.</p>\n<p>\"That's a direct result of the overall supply challenges of the semiconductor industry,\" Gelsinger told Reuters in an interview.</p>\n<p>Gelsinger's plan to remake the company by fixing its internal manufacturing issues while opening its doors to outside customers has largely gone over well with investors, with shares rising about 11% this year before Thursday's results.</p>\n<p>Giving an unexpected long-range forecast on an investor call Thursday, Intel said that it expects at least $74 billion in revenue in 2022, higher than analyst estimates of $73 billion. But the company also plans to spend heavily, saying that capital expenditures could be $25 billion to $28 billion in 2022 and higher in subsequent years.</p>\n<p>On an operational level, Intel said gross margins are likely to be between 51% and 53% in the next two to three years, below the 56.2% that analysts expect for 2021, according to Refinitiv data.</p>\n<p>Meanwhile, rivals like Nvidia Corp and Advanced Micro Devices who make faster chips by leveraging outside contract manufacturers are continuing to eat into Intel's market share.</p>\n<p>Intel missed estimates for its data center segment, with sales of $6.5 billion compared with estimates of $6.6 billion, according to Refinitiv data. Gelsinger told Reuters some of the data center results were because of Chinese cloud computing vendors - major customers of Intel - adjusting to new rules from the Chinese government.</p>\n<p>Atlantic Equities analyst Ianjit Bhatti said the lower sales to cloud computing groups reflected market share gains by <a href=\"https://laohu8.com/S/AMD\">AMD</a>. Shares of AMD&nbsp;were up slightly after Intel's results.</p>\n<p><img src=\"https://static.tigerbbs.com/a6fa48063ac2b36ad49f7b8c0c06e5dd\" tg-width=\"848\" tg-height=\"617\" width=\"100%\" height=\"auto\"></p>\n<p>Intel reported adjusted sales for the third-quarter ended Sept. 25 of $18.1 billion, missing estimates of $18.24 billion, according to IBES data from Refinitiv. Intel reported adjusted profits of $1.71 per share, compared with Wall Street estimates of $1.11 per share, according to Refinitiv data.</p>\n<p>Intel Chief Financial Officer George Davis, who Intel said on Thursday will retire in May 2022, said about 14 cents of the outperformance came from demand for higher-margin products and operational gains, while the rest came from <a href=\"https://laohu8.com/S/AONE.U\">one</a>-time items like tax restructuring.</p>\n<p>Intel forecast fourth-quarter revenue slightly above Wall Street expectations. The company expects fourth-quarter revenue of about $18.3 billion, compared with analysts' average estimate of $18.25 billion, according to IBES data from Refinitiv.</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>Intel shares sink as sales third-quarter sales miss estimates</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIntel shares sink as sales third-quarter sales miss estimates\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 06:57</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Shares of Intel Corp sank on Thursday as the company reported third-quarter sales that missed expectations, with Chief Executive Officer Pat Gelsinger saying that shortages of ancillary chips needed to make full computers are holding back sales of the company's flagship processor chips.</p>\n<p>The company's leaders also said that margins will be lower for several years and that it will spend heavily to revamp its chip factories. Shares of Santa Clara, California-based Intel, the world's biggest maker of central processors at the heart of PCs and data center servers, fell&nbsp;nearly 9% in extending trading.</p>\n<p><img src=\"https://static.tigerbbs.com/2acbb6b1b32008be3f0adc723eeed188\" tg-width=\"848\" tg-height=\"620\" referrerpolicy=\"no-referrer\"></p>\n<p>Gelsinger said Intel has resolved shortages facing its own internal manufacturing operations, but that shortages of other chips such as power management chips and WiFi chips were stopping its customers from shipping PCs and servers, reducing the need for Intel's chips.</p>\n<p>\"That's a direct result of the overall supply challenges of the semiconductor industry,\" Gelsinger told Reuters in an interview.</p>\n<p>Gelsinger's plan to remake the company by fixing its internal manufacturing issues while opening its doors to outside customers has largely gone over well with investors, with shares rising about 11% this year before Thursday's results.</p>\n<p>Giving an unexpected long-range forecast on an investor call Thursday, Intel said that it expects at least $74 billion in revenue in 2022, higher than analyst estimates of $73 billion. But the company also plans to spend heavily, saying that capital expenditures could be $25 billion to $28 billion in 2022 and higher in subsequent years.</p>\n<p>On an operational level, Intel said gross margins are likely to be between 51% and 53% in the next two to three years, below the 56.2% that analysts expect for 2021, according to Refinitiv data.</p>\n<p>Meanwhile, rivals like Nvidia Corp and Advanced Micro Devices who make faster chips by leveraging outside contract manufacturers are continuing to eat into Intel's market share.</p>\n<p>Intel missed estimates for its data center segment, with sales of $6.5 billion compared with estimates of $6.6 billion, according to Refinitiv data. Gelsinger told Reuters some of the data center results were because of Chinese cloud computing vendors - major customers of Intel - adjusting to new rules from the Chinese government.</p>\n<p>Atlantic Equities analyst Ianjit Bhatti said the lower sales to cloud computing groups reflected market share gains by <a href=\"https://laohu8.com/S/AMD\">AMD</a>. Shares of AMD&nbsp;were up slightly after Intel's results.</p>\n<p><img src=\"https://static.tigerbbs.com/a6fa48063ac2b36ad49f7b8c0c06e5dd\" tg-width=\"848\" tg-height=\"617\" width=\"100%\" height=\"auto\"></p>\n<p>Intel reported adjusted sales for the third-quarter ended Sept. 25 of $18.1 billion, missing estimates of $18.24 billion, according to IBES data from Refinitiv. Intel reported adjusted profits of $1.71 per share, compared with Wall Street estimates of $1.11 per share, according to Refinitiv data.</p>\n<p>Intel Chief Financial Officer George Davis, who Intel said on Thursday will retire in May 2022, said about 14 cents of the outperformance came from demand for higher-margin products and operational gains, while the rest came from <a href=\"https://laohu8.com/S/AONE.U\">one</a>-time items like tax restructuring.</p>\n<p>Intel forecast fourth-quarter revenue slightly above Wall Street expectations. The company expects fourth-quarter revenue of about $18.3 billion, compared with analysts' average estimate of $18.25 billion, according to IBES data from Refinitiv.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"INTC":"英特尔"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2177467336","content_text":"Shares of Intel Corp sank on Thursday as the company reported third-quarter sales that missed expectations, with Chief Executive Officer Pat Gelsinger saying that shortages of ancillary chips needed to make full computers are holding back sales of the company's flagship processor chips.\nThe company's leaders also said that margins will be lower for several years and that it will spend heavily to revamp its chip factories. Shares of Santa Clara, California-based Intel, the world's biggest maker of central processors at the heart of PCs and data center servers, fell nearly 9% in extending trading.\n\nGelsinger said Intel has resolved shortages facing its own internal manufacturing operations, but that shortages of other chips such as power management chips and WiFi chips were stopping its customers from shipping PCs and servers, reducing the need for Intel's chips.\n\"That's a direct result of the overall supply challenges of the semiconductor industry,\" Gelsinger told Reuters in an interview.\nGelsinger's plan to remake the company by fixing its internal manufacturing issues while opening its doors to outside customers has largely gone over well with investors, with shares rising about 11% this year before Thursday's results.\nGiving an unexpected long-range forecast on an investor call Thursday, Intel said that it expects at least $74 billion in revenue in 2022, higher than analyst estimates of $73 billion. But the company also plans to spend heavily, saying that capital expenditures could be $25 billion to $28 billion in 2022 and higher in subsequent years.\nOn an operational level, Intel said gross margins are likely to be between 51% and 53% in the next two to three years, below the 56.2% that analysts expect for 2021, according to Refinitiv data.\nMeanwhile, rivals like Nvidia Corp and Advanced Micro Devices who make faster chips by leveraging outside contract manufacturers are continuing to eat into Intel's market share.\nIntel missed estimates for its data center segment, with sales of $6.5 billion compared with estimates of $6.6 billion, according to Refinitiv data. Gelsinger told Reuters some of the data center results were because of Chinese cloud computing vendors - major customers of Intel - adjusting to new rules from the Chinese government.\nAtlantic Equities analyst Ianjit Bhatti said the lower sales to cloud computing groups reflected market share gains by AMD. Shares of AMD were up slightly after Intel's results.\n\nIntel reported adjusted sales for the third-quarter ended Sept. 25 of $18.1 billion, missing estimates of $18.24 billion, according to IBES data from Refinitiv. Intel reported adjusted profits of $1.71 per share, compared with Wall Street estimates of $1.11 per share, according to Refinitiv data.\nIntel Chief Financial Officer George Davis, who Intel said on Thursday will retire in May 2022, said about 14 cents of the outperformance came from demand for higher-margin products and operational gains, while the rest came from one-time items like tax restructuring.\nIntel forecast fourth-quarter revenue slightly above Wall Street expectations. The company expects fourth-quarter revenue of about $18.3 billion, compared with analysts' average estimate of $18.25 billion, according to IBES data from 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