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2021-10-30

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@小虎活动:[Halloween Game] Trade or Treat!

2021-10-30

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@小虎活动:[Halloween Game] Trade or Treat!

2021-10-26

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2021-10-25

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Big Tech companies report earnings: What to know this week

2021-10-21

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2021-10-06

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2021-10-01

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2021-09-28

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2021-09-27

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2021-09-25

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2021-09-25

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IPO opening reminder: Cue Health opens for trading at $19.2, up 20% from IPO price.

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Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","text":"Hello, dear Tigers! Happy Halloween! 🎃🎃🎃 Tap here to play the Halloween game, and you stand a chance to win various rewards! Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1. How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'. 2. How to collect points? 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Each player has 30 seconds to catch falling candies while av","images":[],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/850756569","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":429,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":856425093,"gmtCreate":1635208631377,"gmtModify":1635208631876,"author":{"id":"4090224668853230","authorId":"4090224668853230","name":"Laulau","avatar":"https://static.tigerbbs.com/c71a1a61f1c30d965eb400d29b5e0faa","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/856425093","repostId":"1182426097","repostType":4,"isVote":1,"tweetType":1,"viewCount":277,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":856030188,"gmtCreate":1635128029149,"gmtModify":1635128029419,"author":{"id":"4090224668853230","authorId":"4090224668853230","name":"Laulau","avatar":"https://static.tigerbbs.com/c71a1a61f1c30d965eb400d29b5e0faa","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/856030188","repostId":"2178808449","repostType":4,"repost":{"id":"2178808449","pubTimestamp":1635115262,"share":"https://www.laohu8.com/m/news/2178808449?lang=&edition=full","pubTime":"2021-10-25 06:41","market":"us","language":"en","title":"Big Tech companies report earnings: What to know this week","url":"https://stock-news.laohu8.com/highlight/detail?id=2178808449","media":"Yahoo Finance","summary":"Investors' focus this week will be on earnings results, with some of the most heavily weighted compa","content":"<p>Investors' focus this week will be on earnings results, with some of the most heavily weighted companies in the S&amp;P 500 poised to deliver their quarterly reports.</p>\n<p><img src=\"https://static.tigerbbs.com/8ca1969b994c415ca75fa816ed5d1daa\" tg-width=\"1878\" tg-height=\"2014\" width=\"100%\" height=\"auto\"></p>\n<p>Over the past couple of weeks, most of the companies that posted earnings results topped Wall Street's estimates, despite widespread concerns over the impact of supply chain challenges to corporate profits. These better-than-feared results helped power both the S&amp;P 500 and Dow to fresh record highs in the past week.</p>\n<p>As of Friday, about 23% of S&amp;P 500 companies had reported actual results for the third quarter. Of these, 84% topped Wall Street's expectations for earnings per share (EPS), according to data from FactSet. And the estimated earnings growth rate for the S&amp;P 500 stood at 32.7%, based on actual results and expectations for companies still yet to report. If maintained through the end of third-quarter earnings season, that would mark the third-highest earnings growth rate posted for the index since 2010.</p>\n<p>Given the string of stronger-than-expected results posted so far, this week's docket of reports has a heightened bar to clear.</p>\n<p>And that's especially set to be the case for the Big Tech companies, including <a href=\"https://laohu8.com/S/FB\">Facebook</a> (FB), Apple (AAPL), Amazon (AMZN) and Alphabet (GOOGL). Most of these far outperformed the market last year, but have seen their stock gains cool so far in 2021 amid concerns over rising interest rates, chip shortages, and slowing growth after a surge in online media usage and demand for software during the height of the pandemic.</p>\n<p>Despite the near-term challenges, however, some strategists have struck an upbeat tone on the technology sector as a whole.</p>\n<p>\"While the chip shortage will be a major conversation piece for tech investors during tech earnings season and clearly be an overhang, we believe the Street will instead look through any near-term disruption and focus on the underlying healthy demand drivers into 2022 which look robust,\" said Wedbush analyst Dan Ives in a note last week.</p>\n<p>A number of the closely watched technology companies that reported last week posted results that disappointed investors or highlighted the lingering impact of these myriad concerns. Snap (SNAP), the parent company of the disappearing photo-sharing platform app Snapchat, offered a current-quarter forecast that fell short of expectations, with supply chain challenges for its advertiser customer base and privacy-related changes to Apple's iOS operating system weighing on sales and profits.</p>\n<p>The weak guidance sent Snap's stock down by 27% on Friday for its biggest single-day drop on record, and dragged down shares of other ad-driven companies including Facebook, Pinterest (PINS), <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> (TWTR) and Alphabet.</p>\n<p>In July, Facebook had already flagged an early impact from Apple's iOS privacy update, which allows users to better control how apps track them. Facebook Chief Financial Officer Dave Wehner said during the company's second-quarter earnings call that the company expected \"increased ad targeting headwinds in 2021 from regulatory and platform changes, notably the recent iOS updates\" and expected these \"to have a more significant impact in the third quarter compared to the second.\"</p>\n<p>Still, the social media juggernaut's top-line growth is expected to climb by another 37% in the third quarter of last year to reach a fresh quarterly record of $29.45 billion. Still, this pace of growth would mark a step down from the second quarter's 56% year-on-year growth rate.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e8eabca01b374d68a08a259419cd3c55\" tg-width=\"5327\" tg-height=\"3596\" referrerpolicy=\"no-referrer\"><span>An illustration picture taken in London on December 18, 2020 shows the logos of Google, Apple, Facebook, Amazon and Microsoft displayed on a mobile phone and a laptop screen. - (Photo by JUSTIN TALLIS / AFP) (Photo by JUSTIN TALLIS/AFP via Getty Images)JUSTIN TALLIS via Getty Images</span></p>\n<p>For peer ad-driven company Alphabet, a pickup in travel among consumers may help fuel the company's core Google Search business even in the face of other ad-industry headwinds. Both Snap and American Express (AXP) last week highlighted a pickup they were witnessing in consumer travel behavior and out-of-the-home spending in their third-quarter earnings releases and calls.</p>\n<p>\"Lost in the noise, SNAP also highlighted opportunity driven by travel budgets returning, which is a positive read through to GOOGL’s general search business,\" Daniel Salmon, BMO Capital Markets internet and media analyst, wrote in a note on Friday.</p>\n<p>Ongoing semiconductor shortages and supply-related issues also dealt a blow to other tech companies. Tesla (TSLA) said in its earnings report last week that, \"A variety of challenges, including semiconductor shortages, congestion at ports and rolling blackouts, have been impacting our ability to keep factories running at full speed.\"</p>\n<p>And reports earlier this month from Bloomberg suggested Apple was likely to cut its iPhone 13 production targets by as many as 10 million units amid chip shortages. The company, however, is still expected to post still-solid revenue growth of 21%, bringing sales to $84.67 billion as consumer demand for the latest smartphones remained resilient, especially in the U.S. and China.</p>\n<p>Rounding out this tech-heavy earnings week will be Amazon (AMZN), which posts quarterly results alongside Apple on Thursday after market close. The company has lagged the market since last reporting earnings in late July, falling 7.3% since July 29 versus a 2.9% gain in the S&amp;P 500.</p>\n<p>Investors have been especially cautious on Amazon given widespread supply chain constraints, rising labor costs and fears that e-commerce sales and Amazon Web Services growth could slow after a pandemic-induced surge. Amazon shares had climbed by 76% in 2020, and the stock was the second-best FAANG performer after Apple that year.</p>\n<p>\"Concerns across top line, bottom line, and broader macro have collectively driven cautious sentiment into year-end,\" wrote JPMorgan analyst Doug Anmuth in a note last Thursday. \"However, we believe there is still significant secular shift toward e-commerce ahead and Amazon has a very strong track record around investing into future growth opportunities.\"</p>\n<p>\"Macro issues related to supply chain, port congestion, and inventory are well-documented and have intensified into the holiday season, driving concerns that delays could impact timing of AMZN receiving 1P/3P [first-party and third-party seller] inventory and certain items could remain out-of-stock,\" he added. \"Overall, we believe AMZN embedded some degree of disruption into the 3Q guide and we believe AMZN scaled inventory in anticipation of greater 2H demand.\"</p>\n<p>In late July, Amazon said it expected third-quarter net sales to total $106 billion to $112 billion, missing consensus expectations at the time. Wall Street analysts now expected to see Amazon post third-quarter sales of $111.8 billion, representing year-over-year growth of 16%, or its slowest since early 2015.</p>\n<h2>Economic calendar</h2>\n<ul>\n <li><p><b>Monday: </b>Chicago Fed National Activity Index, September (0.2 expected, 0.29 in August); Dallas Fed Manufacturing Activity Index, October (6.2 expected, 4.6 in September)</p></li>\n <li><p><b>Tuesday: </b>FHFA House Price Index, month-over-month, August (1.5% expected, 1.4% in July); S&amp;P <a href=\"https://laohu8.com/S/CLGX\">CoreLogic</a> Case-Shiller 20-City Composite, month-over-month, August (1.44% expected, 1.55% in July); S&amp;P CoreLogic Case-Shiller 20-City Composite, year-over-year, August (20.00% expected, 19.95% in July); New Home Sales, month-over-month, September (756,000 expected, 740,000 in August); Conference Board Consumer Confidence, October (108.5 expected, 109.2 in September)</p></li>\n <li><p><b>Wednesday: </b>MBA Mortgage Applications, week ended Oct. 22 (-6.3% during prior week); Advance Goods Trade Balance, September (-$88.3 billion expected, -$87.6 billion in August); Wholesale Inventories, month-over-month, September preliminary (1.0% expected, 1.2% in August); Durable Goods Orders, September preliminary (-1.0% expected, 1.8% in August); Durable Goods Orders, excluding transportation, September preliminary (0.4% expected, 0.3% in August); Non-defense Capital Goods Orders, excluding aircraft, September preliminary (0.4% expected, 0.6% in August); Non-defense Capital Goods Orders, excluding aircraft, September preliminary (0.4% expected, 0.8% in August)</p></li>\n <li><p><b>Thursday: </b>Initial jobless claims, week ended Oct. 23 (292,000 expected, 290,000 during prior week); Continuing claims, week ended Oct. 16 (2.420 million expected, 2.481 million during prior week); GDP annualized, quarter-over-quarter, Q3 first estimate annualized (2.7% expected, 6.7% in Q2); Personal consumption, Q3 first estimate (0.7% expected, 12.0% in Q2); Core personal consumption expenditures, quarter-over-quarter, Q3 first estimate (4.4% expected, 6.1% in Q2); Pending home sales, September (0.6% expected, 8.1% in August); Kansas City Fed Manufacturing Activity Index, October (19 expected, 22 in September)</p></li>\n <li><p><b>Friday: </b>Personal income, September (-0.2% expected, 0.2% in August); Personal spending, September (0.6% expected, 0.8% in August); Personal Consumption Expenditures Core Deflator, month-over-moth, September (0.2% expected, 0.3% in August); Personal Consumption Expenditures, Core Deflator, year-over-year, September (3.7% expected, 3.6% in August): MNI Chicago PMI, October (64.0 expected, 64.7 in September); University of Michigan Sentiment, October final (71.4 expected, 71.4 in September)</p></li>\n</ul>\n<h2>Earnings calendar</h2>\n<ul>\n <li><p><b>Monday: </b>Kimberly-Clark Corp. (KMB), <a href=\"https://laohu8.com/S/OTIS\">Otis Worldwide Corp</a>. (OTIS) before market open; <span style=\"color:rgba(248,12,12,1);\">Facebook (FB)</span> after market close</p></li>\n <li><p><b>Tuesday: </b>Centene (CNC), UPS (UPS), <a href=\"https://laohu8.com/S/MMM\">3M</a> (MMM), General Electric (GE), Waste Management (WM), Eli Lilly (LLY), Hasbro (HAS), Raytheon Technologies (RTX), Invesco (IVZ), The Sherwin-Williams Co. (SHW), Lockheed Martin (LMT), S&amp;P Global (SPGI) before market open; $Capital One Financial Corp(COF-N)$. (COF), Twitter (TWTR), Juniper Networks (JNPR), <span style=\"color:rgba(251,12,12,1);\"><a href=\"https://laohu8.com/S/V\">Visa</a> (V)</span>, <span style=\"color:rgba(248,12,12,1);\">Advanced Micro Devices (<a href=\"https://laohu8.com/S/AMD\">AMD</a>)</span>, <span style=\"color:rgba(241,26,26,1);\">Microsoft (MSFT)</span>, Texas Instruments (TXN), <span style=\"color:rgba(241,21,21,1);\">Alphabet (GOOGL)</span> after market close</p></li>\n <li><p><b>Wednesday: </b>CME Group (CME), McDonald's (MCD), Hilton Worldwide Holdings (HLT), Bristol-Myers Squibb (BMY), <span style=\"color:rgba(241,21,21,1);\">Boeing (BA)</span>, The Coca-Cola Company (KO), Kraft Heinz (KHC), <span style=\"color:rgba(237,28,28,1);\">General Motors (GM)</span> before market open; Ford (F), Xilinx (XLNX), O'Reilly Automotive (ORLY), United Rentals (URI), Align Technology (ALGN), <a href=\"https://laohu8.com/S/EBAY\">eBay</a> (EBAY), <a href=\"https://laohu8.com/S/NOW\">ServiceNow</a> (NOW) after market close</p></li>\n <li><p><b>Thursday:</b> Merck (MRK), Caterpillar (CAT), Yum! Brands (YUM), Comcast (CMCSA), Moody's Corp. (MCO), Nielsen Holdings (NLSN), Stanley Black &amp; Decker (SWK), The Hershey Co. (HSY), Molson Coors Beverage Co. (TAP), Mastercard (MA), Altria Group (MO) before market open; <span style=\"color:rgba(244,28,28,1);\">Apple (AAPL)</span>, Western Digital Corp. (WDC), Starbucks (SBUX), Gilead Sciences (GILD), <span style=\"color:rgba(244,28,28,1);\">Amazon (AMZN)</span> after market close</p></li>\n <li><p><b>Friday: </b>Royal Caribbean (RCL), T Rowe Price Group (TROW), <a href=\"https://laohu8.com/S/CHTR\">Charter Communications</a> (CHTR), Chevron (CVX), AbbVie (ABBV), Exxon Mobil (XOM), Colgate-Palmolive (CL), Newell Brands (NWL) before market open</p></li>\n</ul>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Big Tech companies report earnings: What to know this week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBig Tech companies report earnings: What to know this week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-25 06:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/big-tech-companies-report-earnings-what-to-know-this-week-210653395.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors' focus this week will be on earnings results, with some of the most heavily weighted companies in the S&P 500 poised to deliver their quarterly reports.\n\nOver the past couple of weeks, most ...</p>\n\n<a href=\"https://finance.yahoo.com/news/big-tech-companies-report-earnings-what-to-know-this-week-210653395.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SNAP":"Snap Inc","SPY.AU":"SPDR® S&P 500® ETF Trust","AMD":"美国超微公司","AAPL":"苹果","GOOGL":"谷歌A","GOOG":"谷歌",".SPX":"S&P 500 Index","GM":"通用汽车","NFLX":"奈飞","AMZN":"亚马逊",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://finance.yahoo.com/news/big-tech-companies-report-earnings-what-to-know-this-week-210653395.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2178808449","content_text":"Investors' focus this week will be on earnings results, with some of the most heavily weighted companies in the S&P 500 poised to deliver their quarterly reports.\n\nOver the past couple of weeks, most of the companies that posted earnings results topped Wall Street's estimates, despite widespread concerns over the impact of supply chain challenges to corporate profits. These better-than-feared results helped power both the S&P 500 and Dow to fresh record highs in the past week.\nAs of Friday, about 23% of S&P 500 companies had reported actual results for the third quarter. Of these, 84% topped Wall Street's expectations for earnings per share (EPS), according to data from FactSet. And the estimated earnings growth rate for the S&P 500 stood at 32.7%, based on actual results and expectations for companies still yet to report. If maintained through the end of third-quarter earnings season, that would mark the third-highest earnings growth rate posted for the index since 2010.\nGiven the string of stronger-than-expected results posted so far, this week's docket of reports has a heightened bar to clear.\nAnd that's especially set to be the case for the Big Tech companies, including Facebook (FB), Apple (AAPL), Amazon (AMZN) and Alphabet (GOOGL). Most of these far outperformed the market last year, but have seen their stock gains cool so far in 2021 amid concerns over rising interest rates, chip shortages, and slowing growth after a surge in online media usage and demand for software during the height of the pandemic.\nDespite the near-term challenges, however, some strategists have struck an upbeat tone on the technology sector as a whole.\n\"While the chip shortage will be a major conversation piece for tech investors during tech earnings season and clearly be an overhang, we believe the Street will instead look through any near-term disruption and focus on the underlying healthy demand drivers into 2022 which look robust,\" said Wedbush analyst Dan Ives in a note last week.\nA number of the closely watched technology companies that reported last week posted results that disappointed investors or highlighted the lingering impact of these myriad concerns. Snap (SNAP), the parent company of the disappearing photo-sharing platform app Snapchat, offered a current-quarter forecast that fell short of expectations, with supply chain challenges for its advertiser customer base and privacy-related changes to Apple's iOS operating system weighing on sales and profits.\nThe weak guidance sent Snap's stock down by 27% on Friday for its biggest single-day drop on record, and dragged down shares of other ad-driven companies including Facebook, Pinterest (PINS), Twitter (TWTR) and Alphabet.\nIn July, Facebook had already flagged an early impact from Apple's iOS privacy update, which allows users to better control how apps track them. Facebook Chief Financial Officer Dave Wehner said during the company's second-quarter earnings call that the company expected \"increased ad targeting headwinds in 2021 from regulatory and platform changes, notably the recent iOS updates\" and expected these \"to have a more significant impact in the third quarter compared to the second.\"\nStill, the social media juggernaut's top-line growth is expected to climb by another 37% in the third quarter of last year to reach a fresh quarterly record of $29.45 billion. Still, this pace of growth would mark a step down from the second quarter's 56% year-on-year growth rate.\nAn illustration picture taken in London on December 18, 2020 shows the logos of Google, Apple, Facebook, Amazon and Microsoft displayed on a mobile phone and a laptop screen. - (Photo by JUSTIN TALLIS / AFP) (Photo by JUSTIN TALLIS/AFP via Getty Images)JUSTIN TALLIS via Getty Images\nFor peer ad-driven company Alphabet, a pickup in travel among consumers may help fuel the company's core Google Search business even in the face of other ad-industry headwinds. Both Snap and American Express (AXP) last week highlighted a pickup they were witnessing in consumer travel behavior and out-of-the-home spending in their third-quarter earnings releases and calls.\n\"Lost in the noise, SNAP also highlighted opportunity driven by travel budgets returning, which is a positive read through to GOOGL’s general search business,\" Daniel Salmon, BMO Capital Markets internet and media analyst, wrote in a note on Friday.\nOngoing semiconductor shortages and supply-related issues also dealt a blow to other tech companies. Tesla (TSLA) said in its earnings report last week that, \"A variety of challenges, including semiconductor shortages, congestion at ports and rolling blackouts, have been impacting our ability to keep factories running at full speed.\"\nAnd reports earlier this month from Bloomberg suggested Apple was likely to cut its iPhone 13 production targets by as many as 10 million units amid chip shortages. The company, however, is still expected to post still-solid revenue growth of 21%, bringing sales to $84.67 billion as consumer demand for the latest smartphones remained resilient, especially in the U.S. and China.\nRounding out this tech-heavy earnings week will be Amazon (AMZN), which posts quarterly results alongside Apple on Thursday after market close. The company has lagged the market since last reporting earnings in late July, falling 7.3% since July 29 versus a 2.9% gain in the S&P 500.\nInvestors have been especially cautious on Amazon given widespread supply chain constraints, rising labor costs and fears that e-commerce sales and Amazon Web Services growth could slow after a pandemic-induced surge. Amazon shares had climbed by 76% in 2020, and the stock was the second-best FAANG performer after Apple that year.\n\"Concerns across top line, bottom line, and broader macro have collectively driven cautious sentiment into year-end,\" wrote JPMorgan analyst Doug Anmuth in a note last Thursday. \"However, we believe there is still significant secular shift toward e-commerce ahead and Amazon has a very strong track record around investing into future growth opportunities.\"\n\"Macro issues related to supply chain, port congestion, and inventory are well-documented and have intensified into the holiday season, driving concerns that delays could impact timing of AMZN receiving 1P/3P [first-party and third-party seller] inventory and certain items could remain out-of-stock,\" he added. \"Overall, we believe AMZN embedded some degree of disruption into the 3Q guide and we believe AMZN scaled inventory in anticipation of greater 2H demand.\"\nIn late July, Amazon said it expected third-quarter net sales to total $106 billion to $112 billion, missing consensus expectations at the time. Wall Street analysts now expected to see Amazon post third-quarter sales of $111.8 billion, representing year-over-year growth of 16%, or its slowest since early 2015.\nEconomic calendar\n\nMonday: Chicago Fed National Activity Index, September (0.2 expected, 0.29 in August); Dallas Fed Manufacturing Activity Index, October (6.2 expected, 4.6 in September)\nTuesday: FHFA House Price Index, month-over-month, August (1.5% expected, 1.4% in July); S&P CoreLogic Case-Shiller 20-City Composite, month-over-month, August (1.44% expected, 1.55% in July); S&P CoreLogic Case-Shiller 20-City Composite, year-over-year, August (20.00% expected, 19.95% in July); New Home Sales, month-over-month, September (756,000 expected, 740,000 in August); Conference Board Consumer Confidence, October (108.5 expected, 109.2 in September)\nWednesday: MBA Mortgage Applications, week ended Oct. 22 (-6.3% during prior week); Advance Goods Trade Balance, September (-$88.3 billion expected, -$87.6 billion in August); Wholesale Inventories, month-over-month, September preliminary (1.0% expected, 1.2% in August); Durable Goods Orders, September preliminary (-1.0% expected, 1.8% in August); Durable Goods Orders, excluding transportation, September preliminary (0.4% expected, 0.3% in August); Non-defense Capital Goods Orders, excluding aircraft, September preliminary (0.4% expected, 0.6% in August); Non-defense Capital Goods Orders, excluding aircraft, September preliminary (0.4% expected, 0.8% in August)\nThursday: Initial jobless claims, week ended Oct. 23 (292,000 expected, 290,000 during prior week); Continuing claims, week ended Oct. 16 (2.420 million expected, 2.481 million during prior week); GDP annualized, quarter-over-quarter, Q3 first estimate annualized (2.7% expected, 6.7% in Q2); Personal consumption, Q3 first estimate (0.7% expected, 12.0% in Q2); Core personal consumption expenditures, quarter-over-quarter, Q3 first estimate (4.4% expected, 6.1% in Q2); Pending home sales, September (0.6% expected, 8.1% in August); Kansas City Fed Manufacturing Activity Index, October (19 expected, 22 in September)\nFriday: Personal income, September (-0.2% expected, 0.2% in August); Personal spending, September (0.6% expected, 0.8% in August); Personal Consumption Expenditures Core Deflator, month-over-moth, September (0.2% expected, 0.3% in August); Personal Consumption Expenditures, Core Deflator, year-over-year, September (3.7% expected, 3.6% in August): MNI Chicago PMI, October (64.0 expected, 64.7 in September); University of Michigan Sentiment, October final (71.4 expected, 71.4 in September)\n\nEarnings calendar\n\nMonday: Kimberly-Clark Corp. (KMB), Otis Worldwide Corp. (OTIS) before market open; Facebook (FB) after market close\nTuesday: Centene (CNC), UPS (UPS), 3M (MMM), General Electric (GE), Waste Management (WM), Eli Lilly (LLY), Hasbro (HAS), Raytheon Technologies (RTX), Invesco (IVZ), The Sherwin-Williams Co. (SHW), Lockheed Martin (LMT), S&P Global (SPGI) before market open; $Capital One Financial Corp(COF-N)$. (COF), Twitter (TWTR), Juniper Networks (JNPR), Visa (V), Advanced Micro Devices (AMD), Microsoft (MSFT), Texas Instruments (TXN), Alphabet (GOOGL) after market close\nWednesday: CME Group (CME), McDonald's (MCD), Hilton Worldwide Holdings (HLT), Bristol-Myers Squibb (BMY), Boeing (BA), The Coca-Cola Company (KO), Kraft Heinz (KHC), General Motors (GM) before market open; Ford (F), Xilinx (XLNX), O'Reilly Automotive (ORLY), United Rentals (URI), Align Technology (ALGN), eBay (EBAY), ServiceNow (NOW) after market close\nThursday: Merck (MRK), Caterpillar (CAT), Yum! Brands (YUM), Comcast (CMCSA), Moody's Corp. (MCO), Nielsen Holdings (NLSN), Stanley Black & Decker (SWK), The Hershey Co. (HSY), Molson Coors Beverage Co. (TAP), Mastercard (MA), Altria Group (MO) before market open; Apple (AAPL), Western Digital Corp. (WDC), Starbucks (SBUX), Gilead Sciences (GILD), Amazon (AMZN) after market close\nFriday: Royal Caribbean (RCL), T Rowe Price Group (TROW), Charter Communications (CHTR), Chevron (CVX), AbbVie (ABBV), Exxon Mobil (XOM), Colgate-Palmolive (CL), Newell Brands (NWL) before market 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stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1632498166,"share":"https://www.laohu8.com/m/news/1104085778?lang=&edition=full","pubTime":"2021-09-24 23:42","market":"us","language":"en","title":"IPO opening reminder: Cue Health opens for trading at $19.2, up 20% from IPO price.","url":"https://stock-news.laohu8.com/highlight/detail?id=1104085778","media":"Tiger Newspress","summary":"(Sept 24) Cue Health Inc. opens for trading at $19.2, up 20% from IPO price.\n\nCompany & Technology\nS","content":"<p>(Sept 24)&nbsp;<a href=\"https://laohu8.com/S/HLTH\">Cue Health Inc.</a> opens for trading at $19.2, up 20% from IPO price.</p>\n<p><img src=\"https://static.tigerbbs.com/c7270662a08ec3dac176aa52bf5cbd1a\" tg-width=\"902\" tg-height=\"560\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Company &amp; Technology</b></p>\n<p>San Diego, California-based Cue was founded to first develop a COVID-19 test kit and integrated information platform for processing and communication.</p>\n<p>Management is headed by co-founder, Chairman and CEO Ayub Khattak, who has been with the firm since inception and holds a B.S. in mathematics from UCLA.</p>\n<p>The company’s primary offerings in its Cue Integrated Care Platform:</p>\n<ul>\n <li><p>Health monitoring system</p></li>\n <li><p>Rader</p></li>\n <li><p>Cartridge</p></li>\n <li><p>Wand</p></li>\n <li><p>Data</p></li>\n <li><p>Delivery apps</p></li>\n <li><p>Enterprise dashboard</p></li>\n <li><p>Ecosystem integrations</p></li>\n</ul>\n<p>Cue has received at least $176 million in equity investment from investors including ACME Capital, Cove Investors, Decheng Capital China Life Sciences, Madrone and NVGA I.</p>\n<p><b>Customer/User Acquisition</b></p>\n<p>The company pursues healthcare provider relationships through its in-house direct sales team focused on healthcare providers, large enterprises and public sector clients.</p>\n<p>Management expects 2021 customer demand for its COVID-19 test kits to exceed its manufacturing capacity.</p>\n<p>Sales and Marketing expenses as a percentage of total revenue have varied as revenues have increased sharply, as the figures below indicate:</p>\n<table>\n <tbody>\n  <tr>\n   <td><p><b>Sales and Marketing</b></p></td>\n   <td><p><b>Expenses vs. Revenue</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Period</p></td>\n   <td><p>Percentage</p></td>\n  </tr>\n  <tr>\n   <td><p>Six Mos. Ended June 30, 2021</p></td>\n   <td><p>1.0%</p></td>\n  </tr>\n  <tr>\n   <td><p>2020</p></td>\n   <td><p>3.1%</p></td>\n  </tr>\n  <tr>\n   <td><p>2019</p></td>\n   <td><p>1.3%</p></td>\n  </tr>\n </tbody>\n</table>\n<p>The Sales and Marketing efficiency rate, defined as how many dollars of additional new revenue are generated by each dollar of Sales and Marketing spend, was 100.5x in the most recent reporting period, as shown in the table below:</p>\n<table>\n <tbody>\n  <tr>\n   <td><p><b>Sales and Marketing</b></p></td>\n   <td><p><b>Efficiency Rate</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Period</p></td>\n   <td><p>Multiple</p></td>\n  </tr>\n  <tr>\n   <td><p>Six Mos. Ended June 30, 2021</p></td>\n   <td><p>100.5</p></td>\n  </tr>\n  <tr>\n   <td><p>2020</p></td>\n   <td><p>22.9</p></td>\n  </tr>\n </tbody>\n</table>\n<p><b>Market &amp; Competition</b></p>\n<p>According to a 2020 marketresearch reportby Grand View Research, the global market for COVID-19 detection kits was an estimated $3.28 billion in 2020 and is expected to reach $5 billion by 2027.</p>\n<p>This represents a forecast CAGR of 5.05% from 2021 to 2027.</p>\n<p>The main drivers for this expected growth are a strong growth in demand for testing services of all types on a global basis.</p>\n<p>Also, below is a chart showing the market share of use of detection kits by end-user type:</p>\n<p><img src=\"https://static.tigerbbs.com/4b7fc60b336bae7685e08132f8176b57\" tg-width=\"1158\" tg-height=\"618\" referrerpolicy=\"no-referrer\"></p>\n<p>(Source)</p>\n<p>Major competitive or other industry participants include:</p>\n<ul>\n <li><p>Abbott Laboratories(NYSE:ABT)</p></li>\n <li><p>Becton, Dickinson(NYSE:BDX)</p></li>\n <li><p>bioMerieux(OTCPK:BMXMF)</p></li>\n <li><p>Bio-Rad Laboratories(NYSE:BIO)</p></li>\n <li><p>Danaher(NYSE:DHR)</p></li>\n <li><p>Ellume Limited</p></li>\n <li><p>Everly Health</p></li>\n <li><p>Roche(OTCQX:RHHBY)(OTCQX:RHHBF)</p></li>\n <li><p>Fluidigm(NASDAQ:FLDM)</p></li>\n <li><p>GenMark Diagnostics(NASDAQ:GNMK)</p></li>\n <li><p>Others</p></li>\n</ul>\n<p><b>Financial Performance</b></p>\n<p>Cue’s recent financial results can be summarized as follows:</p>\n<ul>\n <li><p>Sharply growing top line revenue</p></li>\n <li><p>Increasing gross profit and variable gross margin</p></li>\n <li><p>A swing to operating profit and net income</p></li>\n <li><p>Variable cash flow from operations</p></li>\n</ul>\n<p>Below are relevant financial results derived from the firm’s registration statement:</p>\n<table>\n <colgroup></colgroup>\n <tbody>\n  <tr>\n   <td><p><b>Total Revenue</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Period</p></td>\n   <td><p>Total Revenue</p></td>\n   <td><p>% Variance vs. Prior</p></td>\n  </tr>\n  <tr>\n   <td><p>Six Mos. Ended June 30, 2021</p></td>\n   <td><p>$ 201,922,000</p></td>\n   <td><p>3971.0%</p></td>\n  </tr>\n  <tr>\n   <td><p>2020</p></td>\n   <td><p>$ 22,953,000</p></td>\n   <td><p>246.4%</p></td>\n  </tr>\n  <tr>\n   <td><p>2019</p></td>\n   <td><p>$ 6,626,000</p></td>\n  </tr>\n  <tr></tr>\n  <tr>\n   <td><p><b>Gross Profit (Loss)</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Period</p></td>\n   <td><p>Gross Profit (Loss)</p></td>\n   <td><p>% Variance vs. Prior</p></td>\n  </tr>\n  <tr>\n   <td><p>Six Mos. Ended June 30, 2021</p></td>\n   <td><p>$ 116,745,000</p></td>\n   <td><p>2253.7%</p></td>\n  </tr>\n  <tr>\n   <td><p>2020</p></td>\n   <td><p>$ 8,002,000</p></td>\n   <td><p>20.8%</p></td>\n  </tr>\n  <tr>\n   <td><p>2019</p></td>\n   <td><p>$ 6,626,000</p></td>\n  </tr>\n  <tr></tr>\n  <tr>\n   <td><p><b>Gross Margin</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Period</p></td>\n   <td><p>Gross Margin</p></td>\n  </tr>\n  <tr>\n   <td><p>Six Mos. Ended June 30, 2021</p></td>\n   <td><p>57.82%</p></td>\n  </tr>\n  <tr>\n   <td><p>2020</p></td>\n   <td><p>34.86%</p></td>\n  </tr>\n  <tr>\n   <td><p>2019</p></td>\n   <td><p>100.00%</p></td>\n  </tr>\n  <tr></tr>\n  <tr>\n   <td><p><b>Operating Profit (Loss)</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Period</p></td>\n   <td><p>Operating Profit (Loss)</p></td>\n   <td><p>Operating Margin</p></td>\n  </tr>\n  <tr>\n   <td><p>Six Mos. Ended June 30, 2021</p></td>\n   <td><p>$ 79,463,000</p></td>\n   <td><p>39.4%</p></td>\n  </tr>\n  <tr>\n   <td><p>2020</p></td>\n   <td><p>$ (45,126,000)</p></td>\n   <td><p>-196.6%</p></td>\n  </tr>\n  <tr>\n   <td><p>2019</p></td>\n   <td><p>$ (20,767,000)</p></td>\n   <td><p>-313.4%</p></td>\n  </tr>\n  <tr></tr>\n  <tr>\n   <td><p><b>Net Income (Loss)</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Period</p></td>\n   <td><p>Net Income (Loss)</p></td>\n  </tr>\n  <tr>\n   <td><p>Six Mos. Ended June 30, 2021</p></td>\n   <td><p>$ 32,840,000</p></td>\n  </tr>\n  <tr>\n   <td><p>2020</p></td>\n   <td><p>$ (47,352,000)</p></td>\n  </tr>\n  <tr>\n   <td><p>2019</p></td>\n   <td><p>$ (20,606,000)</p></td>\n  </tr>\n  <tr></tr>\n  <tr>\n   <td><p><b>Cash Flow From Operations</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Period</p></td>\n   <td><p>Cash Flow From Operations</p></td>\n  </tr>\n  <tr>\n   <td><p>Six Mos. Ended June 30, 2021</p></td>\n   <td><p>$ (37,812,000)</p></td>\n  </tr>\n  <tr>\n   <td><p>2020</p></td>\n   <td><p>$ 92,655,000</p></td>\n  </tr>\n  <tr>\n   <td><p>2019</p></td>\n   <td><p>$ (12,996,000)</p></td>\n  </tr>\n </tbody>\n</table>\n<p>As of June 30, 2021, Cue had $246.3 million in cash and $516.3 million in total liabilities.</p>\n<p>Free cash flow during the twelve months ended June 30, 2021, was negative ($60 million).</p>\n<p><b>Valuation Metrics</b></p>\n<p>Below is a table of relevant capitalization and valuation figures for the company:</p>\n<table>\n <colgroup></colgroup>\n <tbody>\n  <tr>\n   <td><p><b>Measure [TTM]</b></p></td>\n   <td><p><b>Amount</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Market Capitalization at IPO</p></td>\n   <td><p>$2,299,981,232</p></td>\n  </tr>\n  <tr>\n   <td><p>Enterprise Value</p></td>\n   <td><p>$1,874,455,232</p></td>\n  </tr>\n  <tr>\n   <td><p>Price / Sales</p></td>\n   <td><p>10.46</p></td>\n  </tr>\n  <tr>\n   <td><p>EV / Revenue</p></td>\n   <td><p>8.52</p></td>\n  </tr>\n  <tr>\n   <td><p>EV / EBITDA</p></td>\n   <td><p>35.46</p></td>\n  </tr>\n  <tr>\n   <td><p>Earnings Per Share</p></td>\n   <td><p>$0.03</p></td>\n  </tr>\n  <tr>\n   <td><p>Float To Outstanding Shares Ratio</p></td>\n   <td><p>8.70%</p></td>\n  </tr>\n  <tr>\n   <td><p>Proposed IPO Midpoint Price per Share</p></td>\n   <td><p>$16.00</p></td>\n  </tr>\n  <tr>\n   <td><p>Net Free Cash Flow</p></td>\n   <td><p>-$59,920,000</p></td>\n  </tr>\n  <tr>\n   <td><p>Free Cash Flow Yield Per Share</p></td>\n   <td><p>-2.61%</p></td>\n  </tr>\n  <tr>\n   <td><p>Revenue Growth Rate</p></td>\n   <td><p>3971.01%</p></td>\n  </tr>\n </tbody>\n</table>\n<p>As a reference, a potential partial and imperfect public comparable to Cue would be Bio-Rad (BIO); below is a comparison of their primary valuation metrics:</p>\n<table>\n <colgroup></colgroup>\n <tbody>\n  <tr>\n   <td><p><b>Metric</b></p></td>\n   <td><p><b>Bio-Rad (BIO)</b></p></td>\n   <td><p><b>Cue Health (HLTH)</b></p></td>\n   <td><p><b>Variance</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Price / Sales</p></td>\n   <td><p>8.15</p></td>\n   <td><p>10.46</p></td>\n   <td><p>28.3%</p></td>\n  </tr>\n  <tr>\n   <td><p>EV / Revenue</p></td>\n   <td><p>7.82</p></td>\n   <td><p>8.52</p></td>\n   <td><p>9.0%</p></td>\n  </tr>\n  <tr>\n   <td><p>EV / EBITDA</p></td>\n   <td><p>31.66</p></td>\n   <td><p>35.46</p></td>\n   <td><p>12.0%</p></td>\n  </tr>\n  <tr>\n   <td><p>Earnings Per Share</p></td>\n   <td><p>$134.05</p></td>\n   <td><p>$0.03</p></td>\n   <td><p>-100.0%</p></td>\n  </tr>\n  <tr>\n   <td><p>Revenue Growth Rate</p></td>\n   <td><p>25.6%</p></td>\n   <td><p>3971.01%</p></td>\n   <td><p>15436.03%</p></td>\n  </tr>\n  <tr>\n   <td><p>(Glossary Of Terms)</p></td>\n  </tr>\n </tbody>\n</table>\n<p><b>Commentary</b></p>\n<p>Cue is seeking public investment capital to further scale its commercialization operations as well as continue its R &amp; D efforts.</p>\n<p>The company’s financials show sharply growing top line revenue, strong growth in gross profit and variable gross margin, a swing to operating profit and net income and highly fluctuating cash flow from or use in operations</p>\n<p>Free cash flow for the twelve months ended June 30, 2021, was an eye-popping negative ($60 million).</p>\n<p>Sales and Marketing expenses as a percentage of total revenue have fluctuated as revenues have increased dramatically; its Sales and Marketing efficiency rate was an extremely high 100.5x in the most recent reporting period.</p>\n<p>The market opportunity for COVID-19 and related test kit platforms is large and will likely grow at a high rate of growth over the coming years as countries around the world seek to bolster their testing capabilities in the wake of the recent global pandemic.</p>\n<p>Goldman Sachs is the lead left underwriter and IPOs led by the firm over the last 12-month period have generated an average return of 39.9% since their IPO. This is a mid-tier performance for all major underwriters during the period.</p>\n<p>The primary risk to the firm now is that it is essentially a one-product company, so its revenue base is heavily concentrated.</p>\n<p>As for valuation, compared to partial competitor Bio-Rad Laboratories, the IPO is reasonably valued on a revenue multiple, although Cue is growing at a much higher rate of growth from a much lower revenue base, so the comparison is strained at best.</p>\n<p>Given Cue’s growth trajectory, profitability and reasonable IPO valuation, the IPO is worth consideration.</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>IPO opening reminder: Cue Health opens for trading at $19.2, up 20% from IPO price.</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\">\nIPO opening reminder: Cue Health opens for trading at $19.2, up 20% from IPO price.\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-09-24 23:42</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(Sept 24)&nbsp;<a href=\"https://laohu8.com/S/HLTH\">Cue Health Inc.</a> opens for trading at $19.2, up 20% from IPO price.</p>\n<p><img src=\"https://static.tigerbbs.com/c7270662a08ec3dac176aa52bf5cbd1a\" tg-width=\"902\" tg-height=\"560\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Company &amp; Technology</b></p>\n<p>San Diego, California-based Cue was founded to first develop a COVID-19 test kit and integrated information platform for processing and communication.</p>\n<p>Management is headed by co-founder, Chairman and CEO Ayub Khattak, who has been with the firm since inception and holds a B.S. in mathematics from UCLA.</p>\n<p>The company’s primary offerings in its Cue Integrated Care Platform:</p>\n<ul>\n <li><p>Health monitoring system</p></li>\n <li><p>Rader</p></li>\n <li><p>Cartridge</p></li>\n <li><p>Wand</p></li>\n <li><p>Data</p></li>\n <li><p>Delivery apps</p></li>\n <li><p>Enterprise dashboard</p></li>\n <li><p>Ecosystem integrations</p></li>\n</ul>\n<p>Cue has received at least $176 million in equity investment from investors including ACME Capital, Cove Investors, Decheng Capital China Life Sciences, Madrone and NVGA I.</p>\n<p><b>Customer/User Acquisition</b></p>\n<p>The company pursues healthcare provider relationships through its in-house direct sales team focused on healthcare providers, large enterprises and public sector clients.</p>\n<p>Management expects 2021 customer demand for its COVID-19 test kits to exceed its manufacturing capacity.</p>\n<p>Sales and Marketing expenses as a percentage of total revenue have varied as revenues have increased sharply, as the figures below indicate:</p>\n<table>\n <tbody>\n  <tr>\n   <td><p><b>Sales and Marketing</b></p></td>\n   <td><p><b>Expenses vs. Revenue</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Period</p></td>\n   <td><p>Percentage</p></td>\n  </tr>\n  <tr>\n   <td><p>Six Mos. Ended June 30, 2021</p></td>\n   <td><p>1.0%</p></td>\n  </tr>\n  <tr>\n   <td><p>2020</p></td>\n   <td><p>3.1%</p></td>\n  </tr>\n  <tr>\n   <td><p>2019</p></td>\n   <td><p>1.3%</p></td>\n  </tr>\n </tbody>\n</table>\n<p>The Sales and Marketing efficiency rate, defined as how many dollars of additional new revenue are generated by each dollar of Sales and Marketing spend, was 100.5x in the most recent reporting period, as shown in the table below:</p>\n<table>\n <tbody>\n  <tr>\n   <td><p><b>Sales and Marketing</b></p></td>\n   <td><p><b>Efficiency Rate</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Period</p></td>\n   <td><p>Multiple</p></td>\n  </tr>\n  <tr>\n   <td><p>Six Mos. Ended June 30, 2021</p></td>\n   <td><p>100.5</p></td>\n  </tr>\n  <tr>\n   <td><p>2020</p></td>\n   <td><p>22.9</p></td>\n  </tr>\n </tbody>\n</table>\n<p><b>Market &amp; Competition</b></p>\n<p>According to a 2020 marketresearch reportby Grand View Research, the global market for COVID-19 detection kits was an estimated $3.28 billion in 2020 and is expected to reach $5 billion by 2027.</p>\n<p>This represents a forecast CAGR of 5.05% from 2021 to 2027.</p>\n<p>The main drivers for this expected growth are a strong growth in demand for testing services of all types on a global basis.</p>\n<p>Also, below is a chart showing the market share of use of detection kits by end-user type:</p>\n<p><img src=\"https://static.tigerbbs.com/4b7fc60b336bae7685e08132f8176b57\" tg-width=\"1158\" tg-height=\"618\" referrerpolicy=\"no-referrer\"></p>\n<p>(Source)</p>\n<p>Major competitive or other industry participants include:</p>\n<ul>\n <li><p>Abbott Laboratories(NYSE:ABT)</p></li>\n <li><p>Becton, Dickinson(NYSE:BDX)</p></li>\n <li><p>bioMerieux(OTCPK:BMXMF)</p></li>\n <li><p>Bio-Rad Laboratories(NYSE:BIO)</p></li>\n <li><p>Danaher(NYSE:DHR)</p></li>\n <li><p>Ellume Limited</p></li>\n <li><p>Everly Health</p></li>\n <li><p>Roche(OTCQX:RHHBY)(OTCQX:RHHBF)</p></li>\n <li><p>Fluidigm(NASDAQ:FLDM)</p></li>\n <li><p>GenMark Diagnostics(NASDAQ:GNMK)</p></li>\n <li><p>Others</p></li>\n</ul>\n<p><b>Financial Performance</b></p>\n<p>Cue’s recent financial results can be summarized as follows:</p>\n<ul>\n <li><p>Sharply growing top line revenue</p></li>\n <li><p>Increasing gross profit and variable gross margin</p></li>\n <li><p>A swing to operating profit and net income</p></li>\n <li><p>Variable cash flow from operations</p></li>\n</ul>\n<p>Below are relevant financial results derived from the firm’s registration statement:</p>\n<table>\n <colgroup></colgroup>\n <tbody>\n  <tr>\n   <td><p><b>Total Revenue</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Period</p></td>\n   <td><p>Total Revenue</p></td>\n   <td><p>% Variance vs. Prior</p></td>\n  </tr>\n  <tr>\n   <td><p>Six Mos. Ended June 30, 2021</p></td>\n   <td><p>$ 201,922,000</p></td>\n   <td><p>3971.0%</p></td>\n  </tr>\n  <tr>\n   <td><p>2020</p></td>\n   <td><p>$ 22,953,000</p></td>\n   <td><p>246.4%</p></td>\n  </tr>\n  <tr>\n   <td><p>2019</p></td>\n   <td><p>$ 6,626,000</p></td>\n  </tr>\n  <tr></tr>\n  <tr>\n   <td><p><b>Gross Profit (Loss)</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Period</p></td>\n   <td><p>Gross Profit (Loss)</p></td>\n   <td><p>% Variance vs. Prior</p></td>\n  </tr>\n  <tr>\n   <td><p>Six Mos. Ended June 30, 2021</p></td>\n   <td><p>$ 116,745,000</p></td>\n   <td><p>2253.7%</p></td>\n  </tr>\n  <tr>\n   <td><p>2020</p></td>\n   <td><p>$ 8,002,000</p></td>\n   <td><p>20.8%</p></td>\n  </tr>\n  <tr>\n   <td><p>2019</p></td>\n   <td><p>$ 6,626,000</p></td>\n  </tr>\n  <tr></tr>\n  <tr>\n   <td><p><b>Gross Margin</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Period</p></td>\n   <td><p>Gross Margin</p></td>\n  </tr>\n  <tr>\n   <td><p>Six Mos. Ended June 30, 2021</p></td>\n   <td><p>57.82%</p></td>\n  </tr>\n  <tr>\n   <td><p>2020</p></td>\n   <td><p>34.86%</p></td>\n  </tr>\n  <tr>\n   <td><p>2019</p></td>\n   <td><p>100.00%</p></td>\n  </tr>\n  <tr></tr>\n  <tr>\n   <td><p><b>Operating Profit (Loss)</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Period</p></td>\n   <td><p>Operating Profit (Loss)</p></td>\n   <td><p>Operating Margin</p></td>\n  </tr>\n  <tr>\n   <td><p>Six Mos. Ended June 30, 2021</p></td>\n   <td><p>$ 79,463,000</p></td>\n   <td><p>39.4%</p></td>\n  </tr>\n  <tr>\n   <td><p>2020</p></td>\n   <td><p>$ (45,126,000)</p></td>\n   <td><p>-196.6%</p></td>\n  </tr>\n  <tr>\n   <td><p>2019</p></td>\n   <td><p>$ (20,767,000)</p></td>\n   <td><p>-313.4%</p></td>\n  </tr>\n  <tr></tr>\n  <tr>\n   <td><p><b>Net Income (Loss)</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Period</p></td>\n   <td><p>Net Income (Loss)</p></td>\n  </tr>\n  <tr>\n   <td><p>Six Mos. Ended June 30, 2021</p></td>\n   <td><p>$ 32,840,000</p></td>\n  </tr>\n  <tr>\n   <td><p>2020</p></td>\n   <td><p>$ (47,352,000)</p></td>\n  </tr>\n  <tr>\n   <td><p>2019</p></td>\n   <td><p>$ (20,606,000)</p></td>\n  </tr>\n  <tr></tr>\n  <tr>\n   <td><p><b>Cash Flow From Operations</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Period</p></td>\n   <td><p>Cash Flow From Operations</p></td>\n  </tr>\n  <tr>\n   <td><p>Six Mos. Ended June 30, 2021</p></td>\n   <td><p>$ (37,812,000)</p></td>\n  </tr>\n  <tr>\n   <td><p>2020</p></td>\n   <td><p>$ 92,655,000</p></td>\n  </tr>\n  <tr>\n   <td><p>2019</p></td>\n   <td><p>$ (12,996,000)</p></td>\n  </tr>\n </tbody>\n</table>\n<p>As of June 30, 2021, Cue had $246.3 million in cash and $516.3 million in total liabilities.</p>\n<p>Free cash flow during the twelve months ended June 30, 2021, was negative ($60 million).</p>\n<p><b>Valuation Metrics</b></p>\n<p>Below is a table of relevant capitalization and valuation figures for the company:</p>\n<table>\n <colgroup></colgroup>\n <tbody>\n  <tr>\n   <td><p><b>Measure [TTM]</b></p></td>\n   <td><p><b>Amount</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Market Capitalization at IPO</p></td>\n   <td><p>$2,299,981,232</p></td>\n  </tr>\n  <tr>\n   <td><p>Enterprise Value</p></td>\n   <td><p>$1,874,455,232</p></td>\n  </tr>\n  <tr>\n   <td><p>Price / Sales</p></td>\n   <td><p>10.46</p></td>\n  </tr>\n  <tr>\n   <td><p>EV / Revenue</p></td>\n   <td><p>8.52</p></td>\n  </tr>\n  <tr>\n   <td><p>EV / EBITDA</p></td>\n   <td><p>35.46</p></td>\n  </tr>\n  <tr>\n   <td><p>Earnings Per Share</p></td>\n   <td><p>$0.03</p></td>\n  </tr>\n  <tr>\n   <td><p>Float To Outstanding Shares Ratio</p></td>\n   <td><p>8.70%</p></td>\n  </tr>\n  <tr>\n   <td><p>Proposed IPO Midpoint Price per Share</p></td>\n   <td><p>$16.00</p></td>\n  </tr>\n  <tr>\n   <td><p>Net Free Cash Flow</p></td>\n   <td><p>-$59,920,000</p></td>\n  </tr>\n  <tr>\n   <td><p>Free Cash Flow Yield Per Share</p></td>\n   <td><p>-2.61%</p></td>\n  </tr>\n  <tr>\n   <td><p>Revenue Growth Rate</p></td>\n   <td><p>3971.01%</p></td>\n  </tr>\n </tbody>\n</table>\n<p>As a reference, a potential partial and imperfect public comparable to Cue would be Bio-Rad (BIO); below is a comparison of their primary valuation metrics:</p>\n<table>\n <colgroup></colgroup>\n <tbody>\n  <tr>\n   <td><p><b>Metric</b></p></td>\n   <td><p><b>Bio-Rad (BIO)</b></p></td>\n   <td><p><b>Cue Health (HLTH)</b></p></td>\n   <td><p><b>Variance</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Price / Sales</p></td>\n   <td><p>8.15</p></td>\n   <td><p>10.46</p></td>\n   <td><p>28.3%</p></td>\n  </tr>\n  <tr>\n   <td><p>EV / Revenue</p></td>\n   <td><p>7.82</p></td>\n   <td><p>8.52</p></td>\n   <td><p>9.0%</p></td>\n  </tr>\n  <tr>\n   <td><p>EV / EBITDA</p></td>\n   <td><p>31.66</p></td>\n   <td><p>35.46</p></td>\n   <td><p>12.0%</p></td>\n  </tr>\n  <tr>\n   <td><p>Earnings Per Share</p></td>\n   <td><p>$134.05</p></td>\n   <td><p>$0.03</p></td>\n   <td><p>-100.0%</p></td>\n  </tr>\n  <tr>\n   <td><p>Revenue Growth Rate</p></td>\n   <td><p>25.6%</p></td>\n   <td><p>3971.01%</p></td>\n   <td><p>15436.03%</p></td>\n  </tr>\n  <tr>\n   <td><p>(Glossary Of Terms)</p></td>\n  </tr>\n </tbody>\n</table>\n<p><b>Commentary</b></p>\n<p>Cue is seeking public investment capital to further scale its commercialization operations as well as continue its R &amp; D efforts.</p>\n<p>The company’s financials show sharply growing top line revenue, strong growth in gross profit and variable gross margin, a swing to operating profit and net income and highly fluctuating cash flow from or use in operations</p>\n<p>Free cash flow for the twelve months ended June 30, 2021, was an eye-popping negative ($60 million).</p>\n<p>Sales and Marketing expenses as a percentage of total revenue have fluctuated as revenues have increased dramatically; its Sales and Marketing efficiency rate was an extremely high 100.5x in the most recent reporting period.</p>\n<p>The market opportunity for COVID-19 and related test kit platforms is large and will likely grow at a high rate of growth over the coming years as countries around the world seek to bolster their testing capabilities in the wake of the recent global pandemic.</p>\n<p>Goldman Sachs is the lead left underwriter and IPOs led by the firm over the last 12-month period have generated an average return of 39.9% since their IPO. This is a mid-tier performance for all major underwriters during the period.</p>\n<p>The primary risk to the firm now is that it is essentially a one-product company, so its revenue base is heavily concentrated.</p>\n<p>As for valuation, compared to partial competitor Bio-Rad Laboratories, the IPO is reasonably valued on a revenue multiple, although Cue is growing at a much higher rate of growth from a much lower revenue base, so the comparison is strained at best.</p>\n<p>Given Cue’s growth trajectory, profitability and reasonable IPO valuation, the IPO is worth consideration.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HLTH":"Cue Health Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1104085778","content_text":"(Sept 24) Cue Health Inc. opens for trading at $19.2, up 20% from IPO price.\n\nCompany & Technology\nSan Diego, California-based Cue was founded to first develop a COVID-19 test kit and integrated information platform for processing and communication.\nManagement is headed by co-founder, Chairman and CEO Ayub Khattak, who has been with the firm since inception and holds a B.S. in mathematics from UCLA.\nThe company’s primary offerings in its Cue Integrated Care Platform:\n\nHealth monitoring system\nRader\nCartridge\nWand\nData\nDelivery apps\nEnterprise dashboard\nEcosystem integrations\n\nCue has received at least $176 million in equity investment from investors including ACME Capital, Cove Investors, Decheng Capital China Life Sciences, Madrone and NVGA I.\nCustomer/User Acquisition\nThe company pursues healthcare provider relationships through its in-house direct sales team focused on healthcare providers, large enterprises and public sector clients.\nManagement expects 2021 customer demand for its COVID-19 test kits to exceed its manufacturing capacity.\nSales and Marketing expenses as a percentage of total revenue have varied as revenues have increased sharply, as the figures below indicate:\n\n\n\nSales and Marketing\nExpenses vs. Revenue\n\n\nPeriod\nPercentage\n\n\nSix Mos. Ended June 30, 2021\n1.0%\n\n\n2020\n3.1%\n\n\n2019\n1.3%\n\n\n\nThe Sales and Marketing efficiency rate, defined as how many dollars of additional new revenue are generated by each dollar of Sales and Marketing spend, was 100.5x in the most recent reporting period, as shown in the table below:\n\n\n\nSales and Marketing\nEfficiency Rate\n\n\nPeriod\nMultiple\n\n\nSix Mos. Ended June 30, 2021\n100.5\n\n\n2020\n22.9\n\n\n\nMarket & Competition\nAccording to a 2020 marketresearch reportby Grand View Research, the global market for COVID-19 detection kits was an estimated $3.28 billion in 2020 and is expected to reach $5 billion by 2027.\nThis represents a forecast CAGR of 5.05% from 2021 to 2027.\nThe main drivers for this expected growth are a strong growth in demand for testing services of all types on a global basis.\nAlso, below is a chart showing the market share of use of detection kits by end-user type:\n\n(Source)\nMajor competitive or other industry participants include:\n\nAbbott Laboratories(NYSE:ABT)\nBecton, Dickinson(NYSE:BDX)\nbioMerieux(OTCPK:BMXMF)\nBio-Rad Laboratories(NYSE:BIO)\nDanaher(NYSE:DHR)\nEllume Limited\nEverly Health\nRoche(OTCQX:RHHBY)(OTCQX:RHHBF)\nFluidigm(NASDAQ:FLDM)\nGenMark Diagnostics(NASDAQ:GNMK)\nOthers\n\nFinancial Performance\nCue’s recent financial results can be summarized as follows:\n\nSharply growing top line revenue\nIncreasing gross profit and variable gross margin\nA swing to operating profit and net income\nVariable cash flow from operations\n\nBelow are relevant financial results derived from the firm’s registration statement:\n\n\n\n\nTotal Revenue\n\n\nPeriod\nTotal Revenue\n% Variance vs. Prior\n\n\nSix Mos. Ended June 30, 2021\n$ 201,922,000\n3971.0%\n\n\n2020\n$ 22,953,000\n246.4%\n\n\n2019\n$ 6,626,000\n\n\n\nGross Profit (Loss)\n\n\nPeriod\nGross Profit (Loss)\n% Variance vs. Prior\n\n\nSix Mos. Ended June 30, 2021\n$ 116,745,000\n2253.7%\n\n\n2020\n$ 8,002,000\n20.8%\n\n\n2019\n$ 6,626,000\n\n\n\nGross Margin\n\n\nPeriod\nGross Margin\n\n\nSix Mos. Ended June 30, 2021\n57.82%\n\n\n2020\n34.86%\n\n\n2019\n100.00%\n\n\n\nOperating Profit (Loss)\n\n\nPeriod\nOperating Profit (Loss)\nOperating Margin\n\n\nSix Mos. Ended June 30, 2021\n$ 79,463,000\n39.4%\n\n\n2020\n$ (45,126,000)\n-196.6%\n\n\n2019\n$ (20,767,000)\n-313.4%\n\n\n\nNet Income (Loss)\n\n\nPeriod\nNet Income (Loss)\n\n\nSix Mos. Ended June 30, 2021\n$ 32,840,000\n\n\n2020\n$ (47,352,000)\n\n\n2019\n$ (20,606,000)\n\n\n\nCash Flow From Operations\n\n\nPeriod\nCash Flow From Operations\n\n\nSix Mos. Ended June 30, 2021\n$ (37,812,000)\n\n\n2020\n$ 92,655,000\n\n\n2019\n$ (12,996,000)\n\n\n\nAs of June 30, 2021, Cue had $246.3 million in cash and $516.3 million in total liabilities.\nFree cash flow during the twelve months ended June 30, 2021, was negative ($60 million).\nValuation Metrics\nBelow is a table of relevant capitalization and valuation figures for the company:\n\n\n\n\nMeasure [TTM]\nAmount\n\n\nMarket Capitalization at IPO\n$2,299,981,232\n\n\nEnterprise Value\n$1,874,455,232\n\n\nPrice / Sales\n10.46\n\n\nEV / Revenue\n8.52\n\n\nEV / EBITDA\n35.46\n\n\nEarnings Per Share\n$0.03\n\n\nFloat To Outstanding Shares Ratio\n8.70%\n\n\nProposed IPO Midpoint Price per Share\n$16.00\n\n\nNet Free Cash Flow\n-$59,920,000\n\n\nFree Cash Flow Yield Per Share\n-2.61%\n\n\nRevenue Growth Rate\n3971.01%\n\n\n\nAs a reference, a potential partial and imperfect public comparable to Cue would be Bio-Rad (BIO); below is a comparison of their primary valuation metrics:\n\n\n\n\nMetric\nBio-Rad (BIO)\nCue Health (HLTH)\nVariance\n\n\nPrice / Sales\n8.15\n10.46\n28.3%\n\n\nEV / Revenue\n7.82\n8.52\n9.0%\n\n\nEV / EBITDA\n31.66\n35.46\n12.0%\n\n\nEarnings Per Share\n$134.05\n$0.03\n-100.0%\n\n\nRevenue Growth Rate\n25.6%\n3971.01%\n15436.03%\n\n\n(Glossary Of Terms)\n\n\n\nCommentary\nCue is seeking public investment capital to further scale its commercialization operations as well as continue its R & D efforts.\nThe company’s financials show sharply growing top line revenue, strong growth in gross profit and variable gross margin, a swing to operating profit and net income and highly fluctuating cash flow from or use in operations\nFree cash flow for the twelve months ended June 30, 2021, was an eye-popping negative ($60 million).\nSales and Marketing expenses as a percentage of total revenue have fluctuated as revenues have increased dramatically; its Sales and Marketing efficiency rate was an extremely high 100.5x in the most recent reporting period.\nThe market opportunity for COVID-19 and related test kit platforms is large and will likely grow at a high rate of growth over the coming years as countries around the world seek to bolster their testing capabilities in the wake of the recent global pandemic.\nGoldman Sachs is the lead left underwriter and IPOs led by the firm over the last 12-month period have generated an average return of 39.9% since their IPO. This is a mid-tier performance for all major underwriters during the period.\nThe primary risk to the firm now is that it is essentially a one-product company, so its revenue base is heavily concentrated.\nAs for valuation, compared to partial competitor Bio-Rad Laboratories, the IPO is reasonably valued on a revenue multiple, although Cue is growing at a much higher rate of growth from a much lower revenue base, so the comparison is strained at best.\nGiven Cue’s growth trajectory, profitability and reasonable IPO valuation, the IPO is worth consideration.","news_type":1},"isVote":1,"tweetType":1,"viewCount":286,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":829639821,"gmtCreate":1633495974387,"gmtModify":1633495974622,"author":{"id":"4090224668853230","authorId":"4090224668853230","name":"Laulau","avatar":"https://static.tigerbbs.com/c71a1a61f1c30d965eb400d29b5e0faa","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/829639821","repostId":"1103782575","repostType":4,"repost":{"id":"1103782575","pubTimestamp":1633486462,"share":"https://www.laohu8.com/m/news/1103782575?lang=&edition=full","pubTime":"2021-10-06 10:14","market":"us","language":"en","title":"Don't worry (too much) about an October market crash","url":"https://stock-news.laohu8.com/highlight/detail?id=1103782575","media":"CNN Business","summary":"New York (CNN Business) - October has often been a spooky month on Wall Street. Stocks famously cras","content":"<p><b>New York (CNN Business)&nbsp;-&nbsp;</b>October has often been a spooky month on Wall Street. Stocks famously crashed in October 1929, 1987 and, most recently, 2008.</p>\n<p>But&nbsp;the marketisn't always a terrifying place to be just before Halloween. In fact,stocks typically go up&nbsp;in October.</p>\n<p>According to data from Ryan Detrick, chief market strategist at LPL Financial, October is just about in the middle of the pack: It has been the 7th best month for the S&amp;P 500 since 1950 and the 4th best over the past 10 and 20 years.</p>\n<p>\"October is known for some spectacular crashes and many expect bad things to happen again this year,\" Detrick said in a report last week. \"But the truth is this month is simply misunderstood, as historically it is about an average month.\"</p>\n<p>And it could be better than average this October, because there are no potentially game-changing election results coming in November.</p>\n<p>Since 1999, the S&amp;P 500 has gained 3.6% in odd-year Octobers and fallen 1.1% in even-numbered ones, corresponding to the US election schedule.</p>\n<p>\"It turns out stocks don't like politics much,\" Detrick said.</p>\n<p><b>Many risks remain but outlook still promising for stocks</b></p>\n<p>Of course DC headlines could still roil the market this year, albeit not because of an election.</p>\n<p>The debt ceiling debate has yet to be resolved, and Congress still hasn't passed President Joe Biden's infrastructure and social spending plans. Meanwhile Biden also must soon decide whether he wants to nominate Jerome Powell for a second term as Fed chairman or pick someone else.</p>\n<p>\"The fourth quarter — like the conclusion of sporting events or Broadway plays — is where the drama lies,\" Louis Navellier, chairman of Navellier &amp; Associates, said in a report last week.</p>\n<p>That said, Navellier is hopeful the usual seasonal tailwinds for the markets and the broader economy will lift stocks this year.</p>\n<p>Stocks tend to enjoy not just solid gains in October, but also for the remainder of the fourth quarter. Consumer spending surges during the holiday shopping season and businesses often look to boost investments before annual budgets run out.</p>\n<p>With that in mind, some strategists think that investors will continue to focus on the positive when looking ahead to earnings for Q4 and 2022.</p>\n<p>Yes, worries remain about Covid-19, Fed policy, inflation, global shipping delays and numerous other economic warning signs.</p>\n<p>But although this could create more volatility than usual in October and the rest of the fourth quarter, few expect that these challenges will lead to another recession. So the path of least resistance for stocks is still upward.</p>\n<p>\"Virtually all of these problems are showing tangible signs toward resolution,\" Robert Teeter, managing director at Silvercrest Asset Management, said in a report Monday, \"and should not inflict any long-term damage to stock valuations.\"</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>Don't worry (too much) about an October market crash</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\">\nDon't worry (too much) about an October market crash\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-06 10:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://edition.cnn.com/2021/10/05/investing/october-stocks/index.html><strong>CNN Business</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New York (CNN Business) - October has often been a spooky month on Wall Street. Stocks famously crashed in October 1929, 1987 and, most recently, 2008.\nBut the marketisn't always a terrifying place to...</p>\n\n<a href=\"https://edition.cnn.com/2021/10/05/investing/october-stocks/index.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://edition.cnn.com/2021/10/05/investing/october-stocks/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103782575","content_text":"New York (CNN Business) - October has often been a spooky month on Wall Street. Stocks famously crashed in October 1929, 1987 and, most recently, 2008.\nBut the marketisn't always a terrifying place to be just before Halloween. In fact,stocks typically go up in October.\nAccording to data from Ryan Detrick, chief market strategist at LPL Financial, October is just about in the middle of the pack: It has been the 7th best month for the S&P 500 since 1950 and the 4th best over the past 10 and 20 years.\n\"October is known for some spectacular crashes and many expect bad things to happen again this year,\" Detrick said in a report last week. \"But the truth is this month is simply misunderstood, as historically it is about an average month.\"\nAnd it could be better than average this October, because there are no potentially game-changing election results coming in November.\nSince 1999, the S&P 500 has gained 3.6% in odd-year Octobers and fallen 1.1% in even-numbered ones, corresponding to the US election schedule.\n\"It turns out stocks don't like politics much,\" Detrick said.\nMany risks remain but outlook still promising for stocks\nOf course DC headlines could still roil the market this year, albeit not because of an election.\nThe debt ceiling debate has yet to be resolved, and Congress still hasn't passed President Joe Biden's infrastructure and social spending plans. Meanwhile Biden also must soon decide whether he wants to nominate Jerome Powell for a second term as Fed chairman or pick someone else.\n\"The fourth quarter — like the conclusion of sporting events or Broadway plays — is where the drama lies,\" Louis Navellier, chairman of Navellier & Associates, said in a report last week.\nThat said, Navellier is hopeful the usual seasonal tailwinds for the markets and the broader economy will lift stocks this year.\nStocks tend to enjoy not just solid gains in October, but also for the remainder of the fourth quarter. Consumer spending surges during the holiday shopping season and businesses often look to boost investments before annual budgets run out.\nWith that in mind, some strategists think that investors will continue to focus on the positive when looking ahead to earnings for Q4 and 2022.\nYes, worries remain about Covid-19, Fed policy, inflation, global shipping delays and numerous other economic warning signs.\nBut although this could create more volatility than usual in October and the rest of the fourth quarter, few expect that these challenges will lead to another recession. So the path of least resistance for stocks is still upward.\n\"Virtually all of these problems are showing tangible signs toward resolution,\" Robert Teeter, managing director at Silvercrest Asset Management, said in a report Monday, \"and should not inflict any long-term damage to stock valuations.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":422,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":862928842,"gmtCreate":1632831687566,"gmtModify":1632831687683,"author":{"id":"4090224668853230","authorId":"4090224668853230","name":"Laulau","avatar":"https://static.tigerbbs.com/c71a1a61f1c30d965eb400d29b5e0faa","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/862928842","repostId":"1198385948","repostType":4,"repost":{"id":"1198385948","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1632830552,"share":"https://www.laohu8.com/m/news/1198385948?lang=&edition=full","pubTime":"2021-09-28 20:02","market":"us","language":"en","title":"Toplines Before US Market Open on Tuesday","url":"https://stock-news.laohu8.com/highlight/detail?id=1198385948","media":"Tiger Newspress","summary":"Nasdaq futures fell more than 1% on Tuesday as technology heavyweights came under pressure from a su","content":"<p>Nasdaq futures fell more than 1% on Tuesday as technology heavyweights came under pressure from a surge in bond yields on expectations of higher interest rates and rising inflation.</p>\n<p>At 8:00 a.m. ET, Dow e-minis were down 121 points, or 0.35%, S&amp;P 500 e-minis were down 34.25 points, or 0.77%, and Nasdaq 100 e-minis were down 212.25 points, or 1.4%.</p>\n<p><img src=\"https://static.tigerbbs.com/fc3300748adde42afe79643112499876\" tg-width=\"1080\" tg-height=\"390\" width=\"100%\" height=\"auto\"></p>\n<p>The two-year U.S. Treasury yield surged to 18-month highs, weighing on shares of high-growth companies whose values are closely linked to future earnings.</p>\n<p>Shares of Google-parent Alphabet Inc, Microsoft Corp, Amazon.com Inc, Apple, Tesla Inc and Facebook Inc dropped about 1.5% in premarket trading. These stocks have benefited from the low-interest rate environment since the start of the pandemic.</p>\n<p>The higher prices and hiring difficulties seen as the U.S. economy reopens from the pandemic could prove “more enduring than anticipated,” Fed Chair Jerome Powell said in prepared remarks ahead of his hearing before the U.S. Senate Banking Committee.</p>\n<p>A host of other Fed officials including St. Louis Fed President James Bullard, Fed Bank of Chicago President Charles Evans and Fed Bank of Atlanta President Raphael Bostic are also slated to speak later in the day at separate events.</p>\n<p>Market participants are waiting for data on consumer confidence, inflation and ISM manufacturing activity this week to gauge the pace of recovery.</p>\n<p>Progress on U.S government funding negotiations and a vote on President Joe Biden’s $1 trillion infrastructure bill are also in focus.</p>\n<p><b>Stocks making the biggest moves in the premarket:</b></p>\n<p><b>Ford(F)</b> – Ford is accelerating its push into electric vehicles, with plans for a new U.S. assembly plant and three battery factories. Ford and South Korean partner SK Innovation will invest more than $11 billion in the project. Ford shares rose 4.5% in premarket trading.</p>\n<p><b>Thor Industries(THO)</b> – The recreational vehicle maker reported quarterly earnings of $4.12 per share, beating the consensus estimate of $2.92 a share. Revenue also topped Wall Street forecasts. Thor said demand for RVs remains strong, with backlogs at a record high. Its shares rose 4.2% in the premarket.</p>\n<p><b>Applied Materials(AMAT) </b>– Applied Materials shares slid 3.5% in the premarket after New Street downgraded the stock to “neutral” from “buy,” noting record valuation and limited upside for the maker of semiconductor manufacturing equipment.</p>\n<p><b>FactSet(FDS)</b> – The financial information provider earned $2.88 per share for its latest quarter, 16 cents a share above estimates<i>.</i>Revenue also came in above projections, helped by an increase in sales of analytics, content and technology solutions.</p>\n<p><b>United Natural Foods(UNFI)</b> – The food distributor beat the 80 cents a share consensus estimate, with quarterly profit of $1.18 per share. Revenue came in below consensus estimates. United Natural said sales in the year-ago quarter saw strong pandemic-driven customer demand. Shares rose 4.1% in the premarket.</p>\n<p><b>Aurora Cannabis(ACB) </b>– The Canada-based cannabis producer reported lower-than-expected quarterly revenue as consumer cannabis sales fell 45% from a year earlier. The company cited Covid-19 restrictions as a key reason for the drop. Aurora Cannabis slid 2.7% in premarket action.</p>\n<p><b>Pfizer(PFE)</b> – Pfizer dosed its first patient in a study of an MRNA-based flu vaccine, the same technology used in the successful Covid-19 vaccine it developed with German partner&nbsp;BioNTech(BNTX). Pfizer also submitted study data to the Food and Drug Administration on the use of its Covid vaccine in children aged 5-11, with a formal emergency use authorization submission expected in the coming weeks.</p>\n<p><b>Sanofi</b><b>(SNY)</b> – Sanofi announced positive results from a study of its own MRNA-based Covid vaccine, but then said it was halting any further development due to the domination of the market by the Pfizer and&nbsp;Moderna(MRNA) vaccines. The French drugmaker said it would use MRNA technology to develop other vaccines, while focusing on the development of a protein-based Covid vaccine with British partner&nbsp;GlaxoSmithKline(GSK).</p>\n<p><b>Endeavor Group</b><b>(EDR)</b> – Endeavor is buying sports betting business OpenBet from&nbsp;Scientific Games(SGMS) for $1.2 billion in cash and stock. The Ultimate Fighting Championship owner plans to combine OpenBet with its existing sports betting business. Endeavor shares soared 10.1% in the premarket.</p>\n<p><b>Huntsman</b><b>(HUN) </b>– Huntsman rallied 5.6% in the premarket after activist hedge fund Starboard Value took an 8.4% stake in the chemical maker, calling the shares undervalued. Huntsman said it was looking forward to a constructive dialog with Starboard.</p>\n<p><b>Merck</b><b>(MRK)</b> – Merck is near a deal to buy drugmaker&nbsp;Acceleron Pharma(XLRN), according to people familiar with the matter who spoke to The Wall Street Journal. Bloomberg had earlier reported that Acceleron was in talks to be bought by an unnamed major pharmaceutical company. Acceleron rose 3.1% in premarket trading.</p>\n<p><b>Spotify Technology</b><b>(SPOT) </b>– Spotify kicked off a global campaign designed to boost its advertising sales. The music streaming service’s new campaign is aimed at small- and medium-sized businesses beyond what’s been its traditional focus. Spotify fell 1.9% in the premarket.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Toplines Before US Market Open on Tuesday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nToplines Before US Market Open on Tuesday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-09-28 20:02</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Nasdaq futures fell more than 1% on Tuesday as technology heavyweights came under pressure from a surge in bond yields on expectations of higher interest rates and rising inflation.</p>\n<p>At 8:00 a.m. ET, Dow e-minis were down 121 points, or 0.35%, S&amp;P 500 e-minis were down 34.25 points, or 0.77%, and Nasdaq 100 e-minis were down 212.25 points, or 1.4%.</p>\n<p><img src=\"https://static.tigerbbs.com/fc3300748adde42afe79643112499876\" tg-width=\"1080\" tg-height=\"390\" width=\"100%\" height=\"auto\"></p>\n<p>The two-year U.S. Treasury yield surged to 18-month highs, weighing on shares of high-growth companies whose values are closely linked to future earnings.</p>\n<p>Shares of Google-parent Alphabet Inc, Microsoft Corp, Amazon.com Inc, Apple, Tesla Inc and Facebook Inc dropped about 1.5% in premarket trading. These stocks have benefited from the low-interest rate environment since the start of the pandemic.</p>\n<p>The higher prices and hiring difficulties seen as the U.S. economy reopens from the pandemic could prove “more enduring than anticipated,” Fed Chair Jerome Powell said in prepared remarks ahead of his hearing before the U.S. Senate Banking Committee.</p>\n<p>A host of other Fed officials including St. Louis Fed President James Bullard, Fed Bank of Chicago President Charles Evans and Fed Bank of Atlanta President Raphael Bostic are also slated to speak later in the day at separate events.</p>\n<p>Market participants are waiting for data on consumer confidence, inflation and ISM manufacturing activity this week to gauge the pace of recovery.</p>\n<p>Progress on U.S government funding negotiations and a vote on President Joe Biden’s $1 trillion infrastructure bill are also in focus.</p>\n<p><b>Stocks making the biggest moves in the premarket:</b></p>\n<p><b>Ford(F)</b> – Ford is accelerating its push into electric vehicles, with plans for a new U.S. assembly plant and three battery factories. Ford and South Korean partner SK Innovation will invest more than $11 billion in the project. Ford shares rose 4.5% in premarket trading.</p>\n<p><b>Thor Industries(THO)</b> – The recreational vehicle maker reported quarterly earnings of $4.12 per share, beating the consensus estimate of $2.92 a share. Revenue also topped Wall Street forecasts. Thor said demand for RVs remains strong, with backlogs at a record high. Its shares rose 4.2% in the premarket.</p>\n<p><b>Applied Materials(AMAT) </b>– Applied Materials shares slid 3.5% in the premarket after New Street downgraded the stock to “neutral” from “buy,” noting record valuation and limited upside for the maker of semiconductor manufacturing equipment.</p>\n<p><b>FactSet(FDS)</b> – The financial information provider earned $2.88 per share for its latest quarter, 16 cents a share above estimates<i>.</i>Revenue also came in above projections, helped by an increase in sales of analytics, content and technology solutions.</p>\n<p><b>United Natural Foods(UNFI)</b> – The food distributor beat the 80 cents a share consensus estimate, with quarterly profit of $1.18 per share. Revenue came in below consensus estimates. United Natural said sales in the year-ago quarter saw strong pandemic-driven customer demand. Shares rose 4.1% in the premarket.</p>\n<p><b>Aurora Cannabis(ACB) </b>– The Canada-based cannabis producer reported lower-than-expected quarterly revenue as consumer cannabis sales fell 45% from a year earlier. The company cited Covid-19 restrictions as a key reason for the drop. Aurora Cannabis slid 2.7% in premarket action.</p>\n<p><b>Pfizer(PFE)</b> – Pfizer dosed its first patient in a study of an MRNA-based flu vaccine, the same technology used in the successful Covid-19 vaccine it developed with German partner&nbsp;BioNTech(BNTX). Pfizer also submitted study data to the Food and Drug Administration on the use of its Covid vaccine in children aged 5-11, with a formal emergency use authorization submission expected in the coming weeks.</p>\n<p><b>Sanofi</b><b>(SNY)</b> – Sanofi announced positive results from a study of its own MRNA-based Covid vaccine, but then said it was halting any further development due to the domination of the market by the Pfizer and&nbsp;Moderna(MRNA) vaccines. The French drugmaker said it would use MRNA technology to develop other vaccines, while focusing on the development of a protein-based Covid vaccine with British partner&nbsp;GlaxoSmithKline(GSK).</p>\n<p><b>Endeavor Group</b><b>(EDR)</b> – Endeavor is buying sports betting business OpenBet from&nbsp;Scientific Games(SGMS) for $1.2 billion in cash and stock. The Ultimate Fighting Championship owner plans to combine OpenBet with its existing sports betting business. Endeavor shares soared 10.1% in the premarket.</p>\n<p><b>Huntsman</b><b>(HUN) </b>– Huntsman rallied 5.6% in the premarket after activist hedge fund Starboard Value took an 8.4% stake in the chemical maker, calling the shares undervalued. Huntsman said it was looking forward to a constructive dialog with Starboard.</p>\n<p><b>Merck</b><b>(MRK)</b> – Merck is near a deal to buy drugmaker&nbsp;Acceleron Pharma(XLRN), according to people familiar with the matter who spoke to The Wall Street Journal. Bloomberg had earlier reported that Acceleron was in talks to be bought by an unnamed major pharmaceutical company. Acceleron rose 3.1% in premarket trading.</p>\n<p><b>Spotify Technology</b><b>(SPOT) </b>– Spotify kicked off a global campaign designed to boost its advertising sales. The music streaming service’s new campaign is aimed at small- and medium-sized businesses beyond what’s been its traditional focus. Spotify fell 1.9% in the premarket.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MRK":"默沙东","ACB":"奥罗拉大麻公司","MSFT":"微软","SPOT":"Spotify Technology S.A.","BNTX":"BioNTech SE","PFE":"辉瑞","XLRN":"Acceleron Pharma Inc.","GOOG":"谷歌","GOOGL":"谷歌A","FDS":"辉盛研究系统","THO":"索尔工业","AAPL":"苹果","TSLA":"特斯拉",".DJI":"道琼斯",".IXIC":"NASDAQ Composite","AMAT":"应用材料",".SPX":"S&P 500 Index","EDR":"奋进集团","SNY":"赛诺菲安万特","F":"福特汽车","UNFI":"联合原生态食品","HUN":"亨斯曼材料"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1198385948","content_text":"Nasdaq futures fell more than 1% on Tuesday as technology heavyweights came under pressure from a surge in bond yields on expectations of higher interest rates and rising inflation.\nAt 8:00 a.m. ET, Dow e-minis were down 121 points, or 0.35%, S&P 500 e-minis were down 34.25 points, or 0.77%, and Nasdaq 100 e-minis were down 212.25 points, or 1.4%.\n\nThe two-year U.S. Treasury yield surged to 18-month highs, weighing on shares of high-growth companies whose values are closely linked to future earnings.\nShares of Google-parent Alphabet Inc, Microsoft Corp, Amazon.com Inc, Apple, Tesla Inc and Facebook Inc dropped about 1.5% in premarket trading. These stocks have benefited from the low-interest rate environment since the start of the pandemic.\nThe higher prices and hiring difficulties seen as the U.S. economy reopens from the pandemic could prove “more enduring than anticipated,” Fed Chair Jerome Powell said in prepared remarks ahead of his hearing before the U.S. Senate Banking Committee.\nA host of other Fed officials including St. Louis Fed President James Bullard, Fed Bank of Chicago President Charles Evans and Fed Bank of Atlanta President Raphael Bostic are also slated to speak later in the day at separate events.\nMarket participants are waiting for data on consumer confidence, inflation and ISM manufacturing activity this week to gauge the pace of recovery.\nProgress on U.S government funding negotiations and a vote on President Joe Biden’s $1 trillion infrastructure bill are also in focus.\nStocks making the biggest moves in the premarket:\nFord(F) – Ford is accelerating its push into electric vehicles, with plans for a new U.S. assembly plant and three battery factories. Ford and South Korean partner SK Innovation will invest more than $11 billion in the project. Ford shares rose 4.5% in premarket trading.\nThor Industries(THO) – The recreational vehicle maker reported quarterly earnings of $4.12 per share, beating the consensus estimate of $2.92 a share. Revenue also topped Wall Street forecasts. Thor said demand for RVs remains strong, with backlogs at a record high. Its shares rose 4.2% in the premarket.\nApplied Materials(AMAT) – Applied Materials shares slid 3.5% in the premarket after New Street downgraded the stock to “neutral” from “buy,” noting record valuation and limited upside for the maker of semiconductor manufacturing equipment.\nFactSet(FDS) – The financial information provider earned $2.88 per share for its latest quarter, 16 cents a share above estimates.Revenue also came in above projections, helped by an increase in sales of analytics, content and technology solutions.\nUnited Natural Foods(UNFI) – The food distributor beat the 80 cents a share consensus estimate, with quarterly profit of $1.18 per share. Revenue came in below consensus estimates. United Natural said sales in the year-ago quarter saw strong pandemic-driven customer demand. Shares rose 4.1% in the premarket.\nAurora Cannabis(ACB) – The Canada-based cannabis producer reported lower-than-expected quarterly revenue as consumer cannabis sales fell 45% from a year earlier. The company cited Covid-19 restrictions as a key reason for the drop. Aurora Cannabis slid 2.7% in premarket action.\nPfizer(PFE) – Pfizer dosed its first patient in a study of an MRNA-based flu vaccine, the same technology used in the successful Covid-19 vaccine it developed with German partner BioNTech(BNTX). Pfizer also submitted study data to the Food and Drug Administration on the use of its Covid vaccine in children aged 5-11, with a formal emergency use authorization submission expected in the coming weeks.\nSanofi(SNY) – Sanofi announced positive results from a study of its own MRNA-based Covid vaccine, but then said it was halting any further development due to the domination of the market by the Pfizer and Moderna(MRNA) vaccines. The French drugmaker said it would use MRNA technology to develop other vaccines, while focusing on the development of a protein-based Covid vaccine with British partner GlaxoSmithKline(GSK).\nEndeavor Group(EDR) – Endeavor is buying sports betting business OpenBet from Scientific Games(SGMS) for $1.2 billion in cash and stock. The Ultimate Fighting Championship owner plans to combine OpenBet with its existing sports betting business. Endeavor shares soared 10.1% in the premarket.\nHuntsman(HUN) – Huntsman rallied 5.6% in the premarket after activist hedge fund Starboard Value took an 8.4% stake in the chemical maker, calling the shares undervalued. Huntsman said it was looking forward to a constructive dialog with Starboard.\nMerck(MRK) – Merck is near a deal to buy drugmaker Acceleron Pharma(XLRN), according to people familiar with the matter who spoke to The Wall Street Journal. Bloomberg had earlier reported that Acceleron was in talks to be bought by an unnamed major pharmaceutical company. Acceleron rose 3.1% in premarket trading.\nSpotify Technology(SPOT) – Spotify kicked off a global campaign designed to boost its advertising sales. The music streaming service’s new campaign is aimed at small- and medium-sized businesses beyond what’s been its traditional focus. Spotify fell 1.9% in the premarket.","news_type":1},"isVote":1,"tweetType":1,"viewCount":563,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":868944958,"gmtCreate":1632583150174,"gmtModify":1632655154607,"author":{"id":"4090224668853230","authorId":"4090224668853230","name":"Laulau","avatar":"https://static.tigerbbs.com/c71a1a61f1c30d965eb400d29b5e0faa","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/868944958","repostId":"1149730497","repostType":4,"repost":{"id":"1149730497","pubTimestamp":1632538837,"share":"https://www.laohu8.com/m/news/1149730497?lang=&edition=full","pubTime":"2021-09-25 11:00","market":"hk","language":"en","title":"7 Best Stocks To Buy for Investors Building a ‘Brands’ Portfolio","url":"https://stock-news.laohu8.com/highlight/detail?id=1149730497","media":"investorplace","summary":"'Brands' are big and these seven stocks each bring investors a stake in recognized quality products ","content":"<p>'Brands' are big and these seven stocks each bring investors a stake in recognized quality products and services</p>\n<p>I saw a recent article from<i>Quartz at Work</i>about Reebok, other brand reboots, and what<b>Authentic Brands</b>plans to doto revitalize the once-dominant sneaker company. While the rise and fall of Reebok is a fascinating story, the article got me thinking about stocks to buy for the “Brands” portfolio.</p>\n<p>After all, Authentic Brands itself hasfiled to go public. My fellow<i>InvestorPlace</i>contributor Dana Blankenhorn calls it the most fascinating IPO of the year.</p>\n<p>“Authentic’s S-1has more pictures than<b>Pinterest</b>(NYSE:<b><u>PINS</u></b>), but tells little about the business. The numbers are for 2020, before a host of recent deals. It only identifies direct licensing revenue, $488 million of it in that year. But $211 million of that money, 43%, wound up as net income. This is said to justify a $10 billion enterprise valuation,” Dana wrote on Sep. 20.</p>\n<p>I agree with my colleague. It’s definitely up there. Heck, by the time I’ve written this, the company’s stock might be eligible for my newest portfolio.</p>\n<p>But, for now,<i>Finviz.com</i>tells me there are34 public companieswith the word “Brands” as part of their corporate name. So, I’ll recommend the seven best stocks to buy from the bunch.</p>\n<ul>\n <li><b>Restaurant Brands International</b>(NYSE:<b><u>QSR)</u></b></li>\n <li><b>Constellation Brands</b>(NYSE:<b><u>STZ)</u></b></li>\n <li><b>Fortune Brands Home &amp; Security</b>(NYSE:<b><u>FBHS</u></b>)</li>\n <li><b>Newell Brands</b>(NASDAQ:<b><u>NWL</u></b>)</li>\n <li><b>Acuity Brands</b>(NYSE:<b><u>AYI</u></b>)</li>\n <li><b>Cornerstone Building Brands</b>(NYSE:<b><u>CNR</u></b>)</li>\n <li><b>BellRing Brands</b>(NYSE:<b><u>BRBR</u></b>)</li>\n</ul>\n<p>Stocks to Buy: Restaurant Brands International (QSR)</p>\n<p>I begrudgingly put Restaurant Brands International, the owner of Tim Hortons, Burger King and Popeye’s, on my list of stocks to buy.</p>\n<p>Burger King acquired Tim Hortons in 2014 to form RBI. Ever since, I’ve had a hard time accepting the merger, given Burger King’s CEO made each Tim Horton’s head office employee justify their jobs in15-minute interviews.</p>\n<p>To date, I’d say I was right to be concerned about the poor treatment of employees. Over the past five years through Sept. 22, QSR stock has a total return of 9.0%, less than the Canadian market on the whole and nearly half the return of the entire U.S. market.</p>\n<p>In August, Tim Hortons China, a joint-venture between RBI and Hong Kong private equity firm<b>Cartesian Capital</b>, agreed to merge with<b>Silver Crest Acquisition Corp.</b>(NASDAQ:<b><u>SLCR</u></b>) in a transaction that valued the Chinese segment of Tim Hortons at$1.7 billion.</p>\n<p>As long as<b>3G Capital</b>continues to own almost 30% of RBI stock, I’ll remain cautious in my praise.</p>\n<p>However, with$1.35 billionin trailing 12-month (TTM) free cash flow (FCF) and a 7.0% FCF yield, now could be an opportune time to pick up some shares.</p>\n<p>Constellation Brands (STZ)<img src=\"https://static.tigerbbs.com/51af367100d1d75a5ca277a1a9675c31\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\">Source: ShinoStock / Shutterstock.com</p>\n<p>A telltale sign Constellation Brands has become a big deal in corporate America is therecent announcementthat it would move 400 of its employees from its offices in Canandaigua, New York, to downtown Rochester.</p>\n<p>“The company investment is estimated at $50 million, while Landers [Peter Landers, majority investor in group that owns the downtown property] says the owners/developers’ will spend close to $35 million on historic restoration, stripping paint from the barrel ceilings and brick walls, and building a 120-space parking structure,” The<i>Democrat &amp; Chronicle</i>reported.</p>\n<p>While Constellation is known for Corona and Modelo beer, Svedka vodka, and Woodbridge wine, amongst others, it isthe company’s investmentin<b>Canopy Growth</b>(NASDAQ:<b><u>CGC</u></b>) that gets most of the attention.</p>\n<p>That’s because it’s taking forever to see the benefits of its multi-billion-dollar investment in the Canadian cannabis company. Since it acquired9.9% in October 2017, STZ stock has gone sideways over nearly 48 months.</p>\n<p>As a glass-half-full kind of person, I see the potential upside of its Canopy investment as a big reason to buy at current prices.</p>\n<p>Constellation has a TTM FCF of$2.0 billion, good for an FCF yield of 4.9%. When you consider the value yet to be extracted by its investment, STZ’s valuation is more than reasonable.</p>\n<p>Stocks to Buy: Fortune Brands Home &amp; Security (FBHS)<img src=\"https://static.tigerbbs.com/c43d12689a9a34fc77425af4b7ac66d2\" tg-width=\"300\" tg-height=\"165\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\">Source: Shutterstock</p>\n<p>Fortune Brands Home &amp; Security wasspun offfrom<b>Fortune Brands Inc</b>, part of the then-holding company’s plan to deliver additional value for its shareholders almost a decade ago.</p>\n<p>At the same time, it sold its Acushnet business for $1.225 billion and renamed Fortune Brands as<b>Beam Inc.</b>, the holding company’s spirits business. Beam was subsequently sold to<b>Suntory Holdings</b>in 2014 for $16 billion, including the assumption of debt.</p>\n<p>Fortune shareholders got one share of FBHS for each share in the parent. FBHS stock has generated a total return of 22.4% over the past decade, 548 basis points higher than the entire U.S. market.</p>\n<p>The company hasthree operating segments: Plumbing, Outdoors &amp; Security, and Cabinets. Its brands include Moen faucets, Larson doors, Master Lock locks, MasterBrand cabinets, and many more.</p>\n<p>Together, they have TTM sales of $7.02 billion, $1.03 billion in operating income, $650 million in FCF, and an FCF yield of 5.0%.</p>\n<p>It’s a great business to own for the long haul.</p>\n<p>Newell Brands (NWL)<img src=\"https://static.tigerbbs.com/b002bc9b30d4f4cc62b40222b912a1b0\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\">Source: Casimiro PT / Shutterstock.com</p>\n<p>Newell CEO Ravi Saligram was recently named one ofAtlanta’s best CEOsby the<i>Atlanta Business Chronicle.</i>Saligram joined Newell as CEO inOctober 2019. Before that, he was CEO of<b>Ritchie Bros. Auctioneers</b>(NYSE:<b><u>RBA</u></b>) from July 2014 to July 2019 and OfficeMax from November 2010 to November 2013. In addition, he oversaw the merger between OfficeMax and Office Depot.</p>\n<p>He’s been an executive for many years working in several different industries. Since joining Newell, NWL stock has gained 32% over nearly 24 months. That compares to 50% for the<b>S&amp;P 500 index</b>over the same period.</p>\n<p>Over the years, Newell Brands became quite bloated, with too many businesses generating too few profits. Newell might have underperformed so far in Saligram’s tenure, but he’s doing his best to set the company up for sustainable growth.</p>\n<p>“Along our journey, we will add capabilities to build competitive advantage. For example, we are building on our eCommerce capabilities and Digital First mindset (over 21% of our global sales are sold online) to become truly omni channel,” Saligram told the<i>Atlanta Business Chronicle.</i></p>\n<p>“We are creating consistent and compelling brand experiences for consumers no matter where they shop, how they shop or when they shop be it buy online, deliver to home, buy online pick up at the store, buy online pick up at curbside or shop at a store.”</p>\n<p>In 2019, Newell had an FCF of$780 million. In the TTM, it was $1.1 billion, a 41% increase. I would expect this FCF growth to continue.</p>\n<p>The performance in the next 24 months ought to be much better than the last 24.</p>\n<p>Stocks to Buy: Acuity Brands (AYI)<img src=\"https://static.tigerbbs.com/d0fc99bca07cdb144fe2c7208776aed8\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\">Source: JHVEPhoto / Shutterstock.com</p>\n<p>It’s great to see the provider of commercial and residential lighting solutions doing well in the markets after a long stretch of less-than-stellar Acuity Brands shareholder returns.</p>\n<p>For example, if you invested $10,000 in AYI stock in September 2020, today, you would have approximately $17,294. However, if you invested the same $10,000 in its stock three years ago, you’d have $10,609.</p>\n<p>While the company got lost in the woods for a time, it’s been able to find its way back, thanks in part to its hiring of CEO Neil Ashe inJanuary 2020. Ashe has held some high-powered jobs, including being in charge of<b>Walmart’s</b>(NYSE:<b><u>WMT</u></b>) eCommerce &amp; Technology unit from 2012 through 2016.</p>\n<p>Ashe replaced Vernon Nagel, who served as Acuity’s CEO for 16 years. Nagel moved into theexecutive chairman role. They ought to make an excellent pairing.</p>\n<p>In the company’s Q3 2021 results, Acuity had a 16% increase in sales to$899.7 million, with a 56% increase in earnings to $2.37 a share. In 2021, it expects growth to continue.</p>\n<p>InJanuary 2019, I suggested that Acuity needed a new CEO who could bring a fresh perspective. Less than a year later, it did just that. Kudos to Nagel for recognizing it was time to move aside.</p>\n<p>Cornerstone Building Brands (CNR)<img src=\"https://static.tigerbbs.com/60a34aa2f9805656c3d30d8bf03763eb\" tg-width=\"300\" tg-height=\"227\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\">Source: ©iStock.com/Sashick</p>\n<p>Of all the names on this list, Cornerstone Building Brands is the only one I didn’t recognize.</p>\n<p>The North Carolina-based provider of commercial, residential, and repair &amp; remodel building products is the largest manufacturer of exterior building products in North America.</p>\n<p>Although the Cornerstone name only came into existence inNovember 2018after the merger between NCI Building Systems and Ply Gem Parent LLC, the two companies have a history of more than 75 years.</p>\n<p>Since the merger’s completion, CNR stock has experienced its fair share of highs and lows, falling to less than $3 in the March 2020 correction, then recovering to almost $20 in June before settling back into the mid-teens in late September.</p>\n<p>A prominent owner of Cornerstone stock is<b>BlueTower Asset Management</b>, a Texas-based portfolio manager. The company’s Global Value Strategy owns17 stocks, CNR being the largest weighting at 18.6% of the portfolio.</p>\n<p>Here’s what BlueTower had to say about Cornerstone in itsQ2 2021 shareholder letter:</p>\n<p>“As the company realizes acquisition synergies, the housing boom continues, and Cornerstone pays down debt, the company’s value will become apparent to investors and share price will rise to meet its true fundamental value,” BlueTower portfolio manager Andrew Oskoui wrote.</p>\n<p>“Investors who were previously repelled by the high debt levels will invest at lower leverage levels. The share price has already tripled from the average price our long-term investors in the strategy composite paid, but we still believe the company has a high expected forward rate of return.”</p>\n<p>What’s not to like?</p>\n<p>Stocks to Buy: BellRing Brands (BRBR)<img src=\"https://static.tigerbbs.com/00df020d2a1a57e564587b5d95e0c571\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\">Source: rblfmr / Shutterstock.com</p>\n<p>If you’ve ever eaten a PowerBar, you’ve heard of and supported BellRing Brands.</p>\n<p>In October 2019,<b>Post Holdings</b>(NYSE:<b><u>POST</u></b>) spun off its former active nutrition business — PowerBar, Premier Protein, and Dymatize brands — selling 39.43 million shares at $14 per share. It raised approximately$516.4 millionfrom the IPO. It used the proceeds to pay down some debt owed to the parent and buy shares of the operating company, BellRing Brands LLC.</p>\n<p>After the IPO, Post owned 71% of BRBR stock. In August 2021, Post announced thatit plans to distributemost of this stake to shareholders. The move’s expected to include a special cash dividend for Post shareholders.</p>\n<p>At the same time, it announced the distribution; it also announced Q3 2021 results. Sales in the quarter jumped 68% over last year to $342.6 million, while its operating profit increased by 68% to $51.5 million.</p>\n<p>BellRing’s TTM FCF is$214.3 million. Based on a market cap of $1.3 billion, it has an FCF yield of 16.5%, well into value territory.</p>\n<p>If I’m a Post shareholder, I’d be hanging on to my BellRing shares for the long haul.</p>\n<p><i>On the date of publication, Will Ashworthdid not have (either directly or indirectly) any positions in the securities mentioned in this article.The opinions expressed in this article are those of the writer, subject to the</i>InvestorPlace.comPublishing Guidelines<i>.</i></p>\n<p><i>Will Ashworth has written about investments full-time since 2008. Publications where he’s appeared include InvestorPlace, The Motley Fool Canada, Investopedia, Kiplinger, and several others in both the U.S. and Canada. He particularly enjoys creating model portfolios that stand the test of time. He lives in Halifax, Nova Scotia. At the time of this writing Will Ashworth did not hold a position in any of the aforementioned securities.</i></p>","source":"lsy1606302653667","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>7 Best Stocks To Buy for Investors Building a ‘Brands’ Portfolio</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\">\n7 Best Stocks To Buy for Investors Building a ‘Brands’ Portfolio\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-25 11:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/09/7-best-stocks-to-buy-for-investors-building-a-brands-portfolio/><strong>investorplace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>'Brands' are big and these seven stocks each bring investors a stake in recognized quality products and services\nI saw a recent article fromQuartz at Workabout Reebok, other brand reboots, and ...</p>\n\n<a href=\"https://investorplace.com/2021/09/7-best-stocks-to-buy-for-investors-building-a-brands-portfolio/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ISBC":"投资者银行"},"source_url":"https://investorplace.com/2021/09/7-best-stocks-to-buy-for-investors-building-a-brands-portfolio/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149730497","content_text":"'Brands' are big and these seven stocks each bring investors a stake in recognized quality products and services\nI saw a recent article fromQuartz at Workabout Reebok, other brand reboots, and whatAuthentic Brandsplans to doto revitalize the once-dominant sneaker company. While the rise and fall of Reebok is a fascinating story, the article got me thinking about stocks to buy for the “Brands” portfolio.\nAfter all, Authentic Brands itself hasfiled to go public. My fellowInvestorPlacecontributor Dana Blankenhorn calls it the most fascinating IPO of the year.\n“Authentic’s S-1has more pictures thanPinterest(NYSE:PINS), but tells little about the business. The numbers are for 2020, before a host of recent deals. It only identifies direct licensing revenue, $488 million of it in that year. But $211 million of that money, 43%, wound up as net income. This is said to justify a $10 billion enterprise valuation,” Dana wrote on Sep. 20.\nI agree with my colleague. It’s definitely up there. Heck, by the time I’ve written this, the company’s stock might be eligible for my newest portfolio.\nBut, for now,Finviz.comtells me there are34 public companieswith the word “Brands” as part of their corporate name. So, I’ll recommend the seven best stocks to buy from the bunch.\n\nRestaurant Brands International(NYSE:QSR)\nConstellation Brands(NYSE:STZ)\nFortune Brands Home & Security(NYSE:FBHS)\nNewell Brands(NASDAQ:NWL)\nAcuity Brands(NYSE:AYI)\nCornerstone Building Brands(NYSE:CNR)\nBellRing Brands(NYSE:BRBR)\n\nStocks to Buy: Restaurant Brands International (QSR)\nI begrudgingly put Restaurant Brands International, the owner of Tim Hortons, Burger King and Popeye’s, on my list of stocks to buy.\nBurger King acquired Tim Hortons in 2014 to form RBI. Ever since, I’ve had a hard time accepting the merger, given Burger King’s CEO made each Tim Horton’s head office employee justify their jobs in15-minute interviews.\nTo date, I’d say I was right to be concerned about the poor treatment of employees. Over the past five years through Sept. 22, QSR stock has a total return of 9.0%, less than the Canadian market on the whole and nearly half the return of the entire U.S. market.\nIn August, Tim Hortons China, a joint-venture between RBI and Hong Kong private equity firmCartesian Capital, agreed to merge withSilver Crest Acquisition Corp.(NASDAQ:SLCR) in a transaction that valued the Chinese segment of Tim Hortons at$1.7 billion.\nAs long as3G Capitalcontinues to own almost 30% of RBI stock, I’ll remain cautious in my praise.\nHowever, with$1.35 billionin trailing 12-month (TTM) free cash flow (FCF) and a 7.0% FCF yield, now could be an opportune time to pick up some shares.\nConstellation Brands (STZ)Source: ShinoStock / Shutterstock.com\nA telltale sign Constellation Brands has become a big deal in corporate America is therecent announcementthat it would move 400 of its employees from its offices in Canandaigua, New York, to downtown Rochester.\n“The company investment is estimated at $50 million, while Landers [Peter Landers, majority investor in group that owns the downtown property] says the owners/developers’ will spend close to $35 million on historic restoration, stripping paint from the barrel ceilings and brick walls, and building a 120-space parking structure,” TheDemocrat & Chroniclereported.\nWhile Constellation is known for Corona and Modelo beer, Svedka vodka, and Woodbridge wine, amongst others, it isthe company’s investmentinCanopy Growth(NASDAQ:CGC) that gets most of the attention.\nThat’s because it’s taking forever to see the benefits of its multi-billion-dollar investment in the Canadian cannabis company. Since it acquired9.9% in October 2017, STZ stock has gone sideways over nearly 48 months.\nAs a glass-half-full kind of person, I see the potential upside of its Canopy investment as a big reason to buy at current prices.\nConstellation has a TTM FCF of$2.0 billion, good for an FCF yield of 4.9%. When you consider the value yet to be extracted by its investment, STZ’s valuation is more than reasonable.\nStocks to Buy: Fortune Brands Home & Security (FBHS)Source: Shutterstock\nFortune Brands Home & Security wasspun offfromFortune Brands Inc, part of the then-holding company’s plan to deliver additional value for its shareholders almost a decade ago.\nAt the same time, it sold its Acushnet business for $1.225 billion and renamed Fortune Brands asBeam Inc., the holding company’s spirits business. Beam was subsequently sold toSuntory Holdingsin 2014 for $16 billion, including the assumption of debt.\nFortune shareholders got one share of FBHS for each share in the parent. FBHS stock has generated a total return of 22.4% over the past decade, 548 basis points higher than the entire U.S. market.\nThe company hasthree operating segments: Plumbing, Outdoors & Security, and Cabinets. Its brands include Moen faucets, Larson doors, Master Lock locks, MasterBrand cabinets, and many more.\nTogether, they have TTM sales of $7.02 billion, $1.03 billion in operating income, $650 million in FCF, and an FCF yield of 5.0%.\nIt’s a great business to own for the long haul.\nNewell Brands (NWL)Source: Casimiro PT / Shutterstock.com\nNewell CEO Ravi Saligram was recently named one ofAtlanta’s best CEOsby theAtlanta Business Chronicle.Saligram joined Newell as CEO inOctober 2019. Before that, he was CEO ofRitchie Bros. Auctioneers(NYSE:RBA) from July 2014 to July 2019 and OfficeMax from November 2010 to November 2013. In addition, he oversaw the merger between OfficeMax and Office Depot.\nHe’s been an executive for many years working in several different industries. Since joining Newell, NWL stock has gained 32% over nearly 24 months. That compares to 50% for theS&P 500 indexover the same period.\nOver the years, Newell Brands became quite bloated, with too many businesses generating too few profits. Newell might have underperformed so far in Saligram’s tenure, but he’s doing his best to set the company up for sustainable growth.\n“Along our journey, we will add capabilities to build competitive advantage. For example, we are building on our eCommerce capabilities and Digital First mindset (over 21% of our global sales are sold online) to become truly omni channel,” Saligram told theAtlanta Business Chronicle.\n“We are creating consistent and compelling brand experiences for consumers no matter where they shop, how they shop or when they shop be it buy online, deliver to home, buy online pick up at the store, buy online pick up at curbside or shop at a store.”\nIn 2019, Newell had an FCF of$780 million. In the TTM, it was $1.1 billion, a 41% increase. I would expect this FCF growth to continue.\nThe performance in the next 24 months ought to be much better than the last 24.\nStocks to Buy: Acuity Brands (AYI)Source: JHVEPhoto / Shutterstock.com\nIt’s great to see the provider of commercial and residential lighting solutions doing well in the markets after a long stretch of less-than-stellar Acuity Brands shareholder returns.\nFor example, if you invested $10,000 in AYI stock in September 2020, today, you would have approximately $17,294. However, if you invested the same $10,000 in its stock three years ago, you’d have $10,609.\nWhile the company got lost in the woods for a time, it’s been able to find its way back, thanks in part to its hiring of CEO Neil Ashe inJanuary 2020. Ashe has held some high-powered jobs, including being in charge ofWalmart’s(NYSE:WMT) eCommerce & Technology unit from 2012 through 2016.\nAshe replaced Vernon Nagel, who served as Acuity’s CEO for 16 years. Nagel moved into theexecutive chairman role. They ought to make an excellent pairing.\nIn the company’s Q3 2021 results, Acuity had a 16% increase in sales to$899.7 million, with a 56% increase in earnings to $2.37 a share. In 2021, it expects growth to continue.\nInJanuary 2019, I suggested that Acuity needed a new CEO who could bring a fresh perspective. Less than a year later, it did just that. Kudos to Nagel for recognizing it was time to move aside.\nCornerstone Building Brands (CNR)Source: ©iStock.com/Sashick\nOf all the names on this list, Cornerstone Building Brands is the only one I didn’t recognize.\nThe North Carolina-based provider of commercial, residential, and repair & remodel building products is the largest manufacturer of exterior building products in North America.\nAlthough the Cornerstone name only came into existence inNovember 2018after the merger between NCI Building Systems and Ply Gem Parent LLC, the two companies have a history of more than 75 years.\nSince the merger’s completion, CNR stock has experienced its fair share of highs and lows, falling to less than $3 in the March 2020 correction, then recovering to almost $20 in June before settling back into the mid-teens in late September.\nA prominent owner of Cornerstone stock isBlueTower Asset Management, a Texas-based portfolio manager. The company’s Global Value Strategy owns17 stocks, CNR being the largest weighting at 18.6% of the portfolio.\nHere’s what BlueTower had to say about Cornerstone in itsQ2 2021 shareholder letter:\n“As the company realizes acquisition synergies, the housing boom continues, and Cornerstone pays down debt, the company’s value will become apparent to investors and share price will rise to meet its true fundamental value,” BlueTower portfolio manager Andrew Oskoui wrote.\n“Investors who were previously repelled by the high debt levels will invest at lower leverage levels. The share price has already tripled from the average price our long-term investors in the strategy composite paid, but we still believe the company has a high expected forward rate of return.”\nWhat’s not to like?\nStocks to Buy: BellRing Brands (BRBR)Source: rblfmr / Shutterstock.com\nIf you’ve ever eaten a PowerBar, you’ve heard of and supported BellRing Brands.\nIn October 2019,Post Holdings(NYSE:POST) spun off its former active nutrition business — PowerBar, Premier Protein, and Dymatize brands — selling 39.43 million shares at $14 per share. It raised approximately$516.4 millionfrom the IPO. It used the proceeds to pay down some debt owed to the parent and buy shares of the operating company, BellRing Brands LLC.\nAfter the IPO, Post owned 71% of BRBR stock. In August 2021, Post announced thatit plans to distributemost of this stake to shareholders. The move’s expected to include a special cash dividend for Post shareholders.\nAt the same time, it announced the distribution; it also announced Q3 2021 results. Sales in the quarter jumped 68% over last year to $342.6 million, while its operating profit increased by 68% to $51.5 million.\nBellRing’s TTM FCF is$214.3 million. Based on a market cap of $1.3 billion, it has an FCF yield of 16.5%, well into value territory.\nIf I’m a Post shareholder, I’d be hanging on to my BellRing shares for the long haul.\nOn the date of publication, Will Ashworthdid not have (either directly or indirectly) any positions in the securities mentioned in this article.The opinions expressed in this article are those of the writer, subject to theInvestorPlace.comPublishing Guidelines.\nWill Ashworth has written about investments full-time since 2008. Publications where he’s appeared include InvestorPlace, The Motley Fool Canada, Investopedia, Kiplinger, and several others in both the U.S. and Canada. He particularly enjoys creating model portfolios that stand the test of time. He lives in Halifax, Nova Scotia. At the time of this writing Will Ashworth did not hold a position in any of the aforementioned securities.","news_type":1},"isVote":1,"tweetType":1,"viewCount":245,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":856030188,"gmtCreate":1635128029149,"gmtModify":1635128029419,"author":{"id":"4090224668853230","authorId":"4090224668853230","name":"Laulau","avatar":"https://static.tigerbbs.com/c71a1a61f1c30d965eb400d29b5e0faa","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/856030188","repostId":"2178808449","repostType":4,"repost":{"id":"2178808449","pubTimestamp":1635115262,"share":"https://www.laohu8.com/m/news/2178808449?lang=&edition=full","pubTime":"2021-10-25 06:41","market":"us","language":"en","title":"Big Tech companies report earnings: What to know this week","url":"https://stock-news.laohu8.com/highlight/detail?id=2178808449","media":"Yahoo Finance","summary":"Investors' focus this week will be on earnings results, with some of the most heavily weighted compa","content":"<p>Investors' focus this week will be on earnings results, with some of the most heavily weighted companies in the S&amp;P 500 poised to deliver their quarterly reports.</p>\n<p><img src=\"https://static.tigerbbs.com/8ca1969b994c415ca75fa816ed5d1daa\" tg-width=\"1878\" tg-height=\"2014\" width=\"100%\" height=\"auto\"></p>\n<p>Over the past couple of weeks, most of the companies that posted earnings results topped Wall Street's estimates, despite widespread concerns over the impact of supply chain challenges to corporate profits. These better-than-feared results helped power both the S&amp;P 500 and Dow to fresh record highs in the past week.</p>\n<p>As of Friday, about 23% of S&amp;P 500 companies had reported actual results for the third quarter. Of these, 84% topped Wall Street's expectations for earnings per share (EPS), according to data from FactSet. And the estimated earnings growth rate for the S&amp;P 500 stood at 32.7%, based on actual results and expectations for companies still yet to report. If maintained through the end of third-quarter earnings season, that would mark the third-highest earnings growth rate posted for the index since 2010.</p>\n<p>Given the string of stronger-than-expected results posted so far, this week's docket of reports has a heightened bar to clear.</p>\n<p>And that's especially set to be the case for the Big Tech companies, including <a href=\"https://laohu8.com/S/FB\">Facebook</a> (FB), Apple (AAPL), Amazon (AMZN) and Alphabet (GOOGL). Most of these far outperformed the market last year, but have seen their stock gains cool so far in 2021 amid concerns over rising interest rates, chip shortages, and slowing growth after a surge in online media usage and demand for software during the height of the pandemic.</p>\n<p>Despite the near-term challenges, however, some strategists have struck an upbeat tone on the technology sector as a whole.</p>\n<p>\"While the chip shortage will be a major conversation piece for tech investors during tech earnings season and clearly be an overhang, we believe the Street will instead look through any near-term disruption and focus on the underlying healthy demand drivers into 2022 which look robust,\" said Wedbush analyst Dan Ives in a note last week.</p>\n<p>A number of the closely watched technology companies that reported last week posted results that disappointed investors or highlighted the lingering impact of these myriad concerns. Snap (SNAP), the parent company of the disappearing photo-sharing platform app Snapchat, offered a current-quarter forecast that fell short of expectations, with supply chain challenges for its advertiser customer base and privacy-related changes to Apple's iOS operating system weighing on sales and profits.</p>\n<p>The weak guidance sent Snap's stock down by 27% on Friday for its biggest single-day drop on record, and dragged down shares of other ad-driven companies including Facebook, Pinterest (PINS), <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> (TWTR) and Alphabet.</p>\n<p>In July, Facebook had already flagged an early impact from Apple's iOS privacy update, which allows users to better control how apps track them. Facebook Chief Financial Officer Dave Wehner said during the company's second-quarter earnings call that the company expected \"increased ad targeting headwinds in 2021 from regulatory and platform changes, notably the recent iOS updates\" and expected these \"to have a more significant impact in the third quarter compared to the second.\"</p>\n<p>Still, the social media juggernaut's top-line growth is expected to climb by another 37% in the third quarter of last year to reach a fresh quarterly record of $29.45 billion. Still, this pace of growth would mark a step down from the second quarter's 56% year-on-year growth rate.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e8eabca01b374d68a08a259419cd3c55\" tg-width=\"5327\" tg-height=\"3596\" referrerpolicy=\"no-referrer\"><span>An illustration picture taken in London on December 18, 2020 shows the logos of Google, Apple, Facebook, Amazon and Microsoft displayed on a mobile phone and a laptop screen. - (Photo by JUSTIN TALLIS / AFP) (Photo by JUSTIN TALLIS/AFP via Getty Images)JUSTIN TALLIS via Getty Images</span></p>\n<p>For peer ad-driven company Alphabet, a pickup in travel among consumers may help fuel the company's core Google Search business even in the face of other ad-industry headwinds. Both Snap and American Express (AXP) last week highlighted a pickup they were witnessing in consumer travel behavior and out-of-the-home spending in their third-quarter earnings releases and calls.</p>\n<p>\"Lost in the noise, SNAP also highlighted opportunity driven by travel budgets returning, which is a positive read through to GOOGL’s general search business,\" Daniel Salmon, BMO Capital Markets internet and media analyst, wrote in a note on Friday.</p>\n<p>Ongoing semiconductor shortages and supply-related issues also dealt a blow to other tech companies. Tesla (TSLA) said in its earnings report last week that, \"A variety of challenges, including semiconductor shortages, congestion at ports and rolling blackouts, have been impacting our ability to keep factories running at full speed.\"</p>\n<p>And reports earlier this month from Bloomberg suggested Apple was likely to cut its iPhone 13 production targets by as many as 10 million units amid chip shortages. The company, however, is still expected to post still-solid revenue growth of 21%, bringing sales to $84.67 billion as consumer demand for the latest smartphones remained resilient, especially in the U.S. and China.</p>\n<p>Rounding out this tech-heavy earnings week will be Amazon (AMZN), which posts quarterly results alongside Apple on Thursday after market close. The company has lagged the market since last reporting earnings in late July, falling 7.3% since July 29 versus a 2.9% gain in the S&amp;P 500.</p>\n<p>Investors have been especially cautious on Amazon given widespread supply chain constraints, rising labor costs and fears that e-commerce sales and Amazon Web Services growth could slow after a pandemic-induced surge. Amazon shares had climbed by 76% in 2020, and the stock was the second-best FAANG performer after Apple that year.</p>\n<p>\"Concerns across top line, bottom line, and broader macro have collectively driven cautious sentiment into year-end,\" wrote JPMorgan analyst Doug Anmuth in a note last Thursday. \"However, we believe there is still significant secular shift toward e-commerce ahead and Amazon has a very strong track record around investing into future growth opportunities.\"</p>\n<p>\"Macro issues related to supply chain, port congestion, and inventory are well-documented and have intensified into the holiday season, driving concerns that delays could impact timing of AMZN receiving 1P/3P [first-party and third-party seller] inventory and certain items could remain out-of-stock,\" he added. \"Overall, we believe AMZN embedded some degree of disruption into the 3Q guide and we believe AMZN scaled inventory in anticipation of greater 2H demand.\"</p>\n<p>In late July, Amazon said it expected third-quarter net sales to total $106 billion to $112 billion, missing consensus expectations at the time. Wall Street analysts now expected to see Amazon post third-quarter sales of $111.8 billion, representing year-over-year growth of 16%, or its slowest since early 2015.</p>\n<h2>Economic calendar</h2>\n<ul>\n <li><p><b>Monday: </b>Chicago Fed National Activity Index, September (0.2 expected, 0.29 in August); Dallas Fed Manufacturing Activity Index, October (6.2 expected, 4.6 in September)</p></li>\n <li><p><b>Tuesday: </b>FHFA House Price Index, month-over-month, August (1.5% expected, 1.4% in July); S&amp;P <a href=\"https://laohu8.com/S/CLGX\">CoreLogic</a> Case-Shiller 20-City Composite, month-over-month, August (1.44% expected, 1.55% in July); S&amp;P CoreLogic Case-Shiller 20-City Composite, year-over-year, August (20.00% expected, 19.95% in July); New Home Sales, month-over-month, September (756,000 expected, 740,000 in August); Conference Board Consumer Confidence, October (108.5 expected, 109.2 in September)</p></li>\n <li><p><b>Wednesday: </b>MBA Mortgage Applications, week ended Oct. 22 (-6.3% during prior week); Advance Goods Trade Balance, September (-$88.3 billion expected, -$87.6 billion in August); Wholesale Inventories, month-over-month, September preliminary (1.0% expected, 1.2% in August); Durable Goods Orders, September preliminary (-1.0% expected, 1.8% in August); Durable Goods Orders, excluding transportation, September preliminary (0.4% expected, 0.3% in August); Non-defense Capital Goods Orders, excluding aircraft, September preliminary (0.4% expected, 0.6% in August); Non-defense Capital Goods Orders, excluding aircraft, September preliminary (0.4% expected, 0.8% in August)</p></li>\n <li><p><b>Thursday: </b>Initial jobless claims, week ended Oct. 23 (292,000 expected, 290,000 during prior week); Continuing claims, week ended Oct. 16 (2.420 million expected, 2.481 million during prior week); GDP annualized, quarter-over-quarter, Q3 first estimate annualized (2.7% expected, 6.7% in Q2); Personal consumption, Q3 first estimate (0.7% expected, 12.0% in Q2); Core personal consumption expenditures, quarter-over-quarter, Q3 first estimate (4.4% expected, 6.1% in Q2); Pending home sales, September (0.6% expected, 8.1% in August); Kansas City Fed Manufacturing Activity Index, October (19 expected, 22 in September)</p></li>\n <li><p><b>Friday: </b>Personal income, September (-0.2% expected, 0.2% in August); Personal spending, September (0.6% expected, 0.8% in August); Personal Consumption Expenditures Core Deflator, month-over-moth, September (0.2% expected, 0.3% in August); Personal Consumption Expenditures, Core Deflator, year-over-year, September (3.7% expected, 3.6% in August): MNI Chicago PMI, October (64.0 expected, 64.7 in September); University of Michigan Sentiment, October final (71.4 expected, 71.4 in September)</p></li>\n</ul>\n<h2>Earnings calendar</h2>\n<ul>\n <li><p><b>Monday: </b>Kimberly-Clark Corp. (KMB), <a href=\"https://laohu8.com/S/OTIS\">Otis Worldwide Corp</a>. (OTIS) before market open; <span style=\"color:rgba(248,12,12,1);\">Facebook (FB)</span> after market close</p></li>\n <li><p><b>Tuesday: </b>Centene (CNC), UPS (UPS), <a href=\"https://laohu8.com/S/MMM\">3M</a> (MMM), General Electric (GE), Waste Management (WM), Eli Lilly (LLY), Hasbro (HAS), Raytheon Technologies (RTX), Invesco (IVZ), The Sherwin-Williams Co. (SHW), Lockheed Martin (LMT), S&amp;P Global (SPGI) before market open; $Capital One Financial Corp(COF-N)$. (COF), Twitter (TWTR), Juniper Networks (JNPR), <span style=\"color:rgba(251,12,12,1);\"><a href=\"https://laohu8.com/S/V\">Visa</a> (V)</span>, <span style=\"color:rgba(248,12,12,1);\">Advanced Micro Devices (<a href=\"https://laohu8.com/S/AMD\">AMD</a>)</span>, <span style=\"color:rgba(241,26,26,1);\">Microsoft (MSFT)</span>, Texas Instruments (TXN), <span style=\"color:rgba(241,21,21,1);\">Alphabet (GOOGL)</span> after market close</p></li>\n <li><p><b>Wednesday: </b>CME Group (CME), McDonald's (MCD), Hilton Worldwide Holdings (HLT), Bristol-Myers Squibb (BMY), <span style=\"color:rgba(241,21,21,1);\">Boeing (BA)</span>, The Coca-Cola Company (KO), Kraft Heinz (KHC), <span style=\"color:rgba(237,28,28,1);\">General Motors (GM)</span> before market open; Ford (F), Xilinx (XLNX), O'Reilly Automotive (ORLY), United Rentals (URI), Align Technology (ALGN), <a href=\"https://laohu8.com/S/EBAY\">eBay</a> (EBAY), <a href=\"https://laohu8.com/S/NOW\">ServiceNow</a> (NOW) after market close</p></li>\n <li><p><b>Thursday:</b> Merck (MRK), Caterpillar (CAT), Yum! Brands (YUM), Comcast (CMCSA), Moody's Corp. (MCO), Nielsen Holdings (NLSN), Stanley Black &amp; Decker (SWK), The Hershey Co. (HSY), Molson Coors Beverage Co. (TAP), Mastercard (MA), Altria Group (MO) before market open; <span style=\"color:rgba(244,28,28,1);\">Apple (AAPL)</span>, Western Digital Corp. (WDC), Starbucks (SBUX), Gilead Sciences (GILD), <span style=\"color:rgba(244,28,28,1);\">Amazon (AMZN)</span> after market close</p></li>\n <li><p><b>Friday: </b>Royal Caribbean (RCL), T Rowe Price Group (TROW), <a href=\"https://laohu8.com/S/CHTR\">Charter Communications</a> (CHTR), Chevron (CVX), AbbVie (ABBV), Exxon Mobil (XOM), Colgate-Palmolive (CL), Newell Brands (NWL) before market open</p></li>\n</ul>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Big Tech companies report earnings: What to know this week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBig Tech companies report earnings: What to know this week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-25 06:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/big-tech-companies-report-earnings-what-to-know-this-week-210653395.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors' focus this week will be on earnings results, with some of the most heavily weighted companies in the S&P 500 poised to deliver their quarterly reports.\n\nOver the past couple of weeks, most ...</p>\n\n<a href=\"https://finance.yahoo.com/news/big-tech-companies-report-earnings-what-to-know-this-week-210653395.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SNAP":"Snap Inc","SPY.AU":"SPDR® S&P 500® ETF Trust","AMD":"美国超微公司","AAPL":"苹果","GOOGL":"谷歌A","GOOG":"谷歌",".SPX":"S&P 500 Index","GM":"通用汽车","NFLX":"奈飞","AMZN":"亚马逊",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://finance.yahoo.com/news/big-tech-companies-report-earnings-what-to-know-this-week-210653395.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2178808449","content_text":"Investors' focus this week will be on earnings results, with some of the most heavily weighted companies in the S&P 500 poised to deliver their quarterly reports.\n\nOver the past couple of weeks, most of the companies that posted earnings results topped Wall Street's estimates, despite widespread concerns over the impact of supply chain challenges to corporate profits. These better-than-feared results helped power both the S&P 500 and Dow to fresh record highs in the past week.\nAs of Friday, about 23% of S&P 500 companies had reported actual results for the third quarter. Of these, 84% topped Wall Street's expectations for earnings per share (EPS), according to data from FactSet. And the estimated earnings growth rate for the S&P 500 stood at 32.7%, based on actual results and expectations for companies still yet to report. If maintained through the end of third-quarter earnings season, that would mark the third-highest earnings growth rate posted for the index since 2010.\nGiven the string of stronger-than-expected results posted so far, this week's docket of reports has a heightened bar to clear.\nAnd that's especially set to be the case for the Big Tech companies, including Facebook (FB), Apple (AAPL), Amazon (AMZN) and Alphabet (GOOGL). Most of these far outperformed the market last year, but have seen their stock gains cool so far in 2021 amid concerns over rising interest rates, chip shortages, and slowing growth after a surge in online media usage and demand for software during the height of the pandemic.\nDespite the near-term challenges, however, some strategists have struck an upbeat tone on the technology sector as a whole.\n\"While the chip shortage will be a major conversation piece for tech investors during tech earnings season and clearly be an overhang, we believe the Street will instead look through any near-term disruption and focus on the underlying healthy demand drivers into 2022 which look robust,\" said Wedbush analyst Dan Ives in a note last week.\nA number of the closely watched technology companies that reported last week posted results that disappointed investors or highlighted the lingering impact of these myriad concerns. Snap (SNAP), the parent company of the disappearing photo-sharing platform app Snapchat, offered a current-quarter forecast that fell short of expectations, with supply chain challenges for its advertiser customer base and privacy-related changes to Apple's iOS operating system weighing on sales and profits.\nThe weak guidance sent Snap's stock down by 27% on Friday for its biggest single-day drop on record, and dragged down shares of other ad-driven companies including Facebook, Pinterest (PINS), Twitter (TWTR) and Alphabet.\nIn July, Facebook had already flagged an early impact from Apple's iOS privacy update, which allows users to better control how apps track them. Facebook Chief Financial Officer Dave Wehner said during the company's second-quarter earnings call that the company expected \"increased ad targeting headwinds in 2021 from regulatory and platform changes, notably the recent iOS updates\" and expected these \"to have a more significant impact in the third quarter compared to the second.\"\nStill, the social media juggernaut's top-line growth is expected to climb by another 37% in the third quarter of last year to reach a fresh quarterly record of $29.45 billion. Still, this pace of growth would mark a step down from the second quarter's 56% year-on-year growth rate.\nAn illustration picture taken in London on December 18, 2020 shows the logos of Google, Apple, Facebook, Amazon and Microsoft displayed on a mobile phone and a laptop screen. - (Photo by JUSTIN TALLIS / AFP) (Photo by JUSTIN TALLIS/AFP via Getty Images)JUSTIN TALLIS via Getty Images\nFor peer ad-driven company Alphabet, a pickup in travel among consumers may help fuel the company's core Google Search business even in the face of other ad-industry headwinds. Both Snap and American Express (AXP) last week highlighted a pickup they were witnessing in consumer travel behavior and out-of-the-home spending in their third-quarter earnings releases and calls.\n\"Lost in the noise, SNAP also highlighted opportunity driven by travel budgets returning, which is a positive read through to GOOGL’s general search business,\" Daniel Salmon, BMO Capital Markets internet and media analyst, wrote in a note on Friday.\nOngoing semiconductor shortages and supply-related issues also dealt a blow to other tech companies. Tesla (TSLA) said in its earnings report last week that, \"A variety of challenges, including semiconductor shortages, congestion at ports and rolling blackouts, have been impacting our ability to keep factories running at full speed.\"\nAnd reports earlier this month from Bloomberg suggested Apple was likely to cut its iPhone 13 production targets by as many as 10 million units amid chip shortages. The company, however, is still expected to post still-solid revenue growth of 21%, bringing sales to $84.67 billion as consumer demand for the latest smartphones remained resilient, especially in the U.S. and China.\nRounding out this tech-heavy earnings week will be Amazon (AMZN), which posts quarterly results alongside Apple on Thursday after market close. The company has lagged the market since last reporting earnings in late July, falling 7.3% since July 29 versus a 2.9% gain in the S&P 500.\nInvestors have been especially cautious on Amazon given widespread supply chain constraints, rising labor costs and fears that e-commerce sales and Amazon Web Services growth could slow after a pandemic-induced surge. Amazon shares had climbed by 76% in 2020, and the stock was the second-best FAANG performer after Apple that year.\n\"Concerns across top line, bottom line, and broader macro have collectively driven cautious sentiment into year-end,\" wrote JPMorgan analyst Doug Anmuth in a note last Thursday. \"However, we believe there is still significant secular shift toward e-commerce ahead and Amazon has a very strong track record around investing into future growth opportunities.\"\n\"Macro issues related to supply chain, port congestion, and inventory are well-documented and have intensified into the holiday season, driving concerns that delays could impact timing of AMZN receiving 1P/3P [first-party and third-party seller] inventory and certain items could remain out-of-stock,\" he added. \"Overall, we believe AMZN embedded some degree of disruption into the 3Q guide and we believe AMZN scaled inventory in anticipation of greater 2H demand.\"\nIn late July, Amazon said it expected third-quarter net sales to total $106 billion to $112 billion, missing consensus expectations at the time. Wall Street analysts now expected to see Amazon post third-quarter sales of $111.8 billion, representing year-over-year growth of 16%, or its slowest since early 2015.\nEconomic calendar\n\nMonday: Chicago Fed National Activity Index, September (0.2 expected, 0.29 in August); Dallas Fed Manufacturing Activity Index, October (6.2 expected, 4.6 in September)\nTuesday: FHFA House Price Index, month-over-month, August (1.5% expected, 1.4% in July); S&P CoreLogic Case-Shiller 20-City Composite, month-over-month, August (1.44% expected, 1.55% in July); S&P CoreLogic Case-Shiller 20-City Composite, year-over-year, August (20.00% expected, 19.95% in July); New Home Sales, month-over-month, September (756,000 expected, 740,000 in August); Conference Board Consumer Confidence, October (108.5 expected, 109.2 in September)\nWednesday: MBA Mortgage Applications, week ended Oct. 22 (-6.3% during prior week); Advance Goods Trade Balance, September (-$88.3 billion expected, -$87.6 billion in August); Wholesale Inventories, month-over-month, September preliminary (1.0% expected, 1.2% in August); Durable Goods Orders, September preliminary (-1.0% expected, 1.8% in August); Durable Goods Orders, excluding transportation, September preliminary (0.4% expected, 0.3% in August); Non-defense Capital Goods Orders, excluding aircraft, September preliminary (0.4% expected, 0.6% in August); Non-defense Capital Goods Orders, excluding aircraft, September preliminary (0.4% expected, 0.8% in August)\nThursday: Initial jobless claims, week ended Oct. 23 (292,000 expected, 290,000 during prior week); Continuing claims, week ended Oct. 16 (2.420 million expected, 2.481 million during prior week); GDP annualized, quarter-over-quarter, Q3 first estimate annualized (2.7% expected, 6.7% in Q2); Personal consumption, Q3 first estimate (0.7% expected, 12.0% in Q2); Core personal consumption expenditures, quarter-over-quarter, Q3 first estimate (4.4% expected, 6.1% in Q2); Pending home sales, September (0.6% expected, 8.1% in August); Kansas City Fed Manufacturing Activity Index, October (19 expected, 22 in September)\nFriday: Personal income, September (-0.2% expected, 0.2% in August); Personal spending, September (0.6% expected, 0.8% in August); Personal Consumption Expenditures Core Deflator, month-over-moth, September (0.2% expected, 0.3% in August); Personal Consumption Expenditures, Core Deflator, year-over-year, September (3.7% expected, 3.6% in August): MNI Chicago PMI, October (64.0 expected, 64.7 in September); University of Michigan Sentiment, October final (71.4 expected, 71.4 in September)\n\nEarnings calendar\n\nMonday: Kimberly-Clark Corp. (KMB), Otis Worldwide Corp. (OTIS) before market open; Facebook (FB) after market close\nTuesday: Centene (CNC), UPS (UPS), 3M (MMM), General Electric (GE), Waste Management (WM), Eli Lilly (LLY), Hasbro (HAS), Raytheon Technologies (RTX), Invesco (IVZ), The Sherwin-Williams Co. (SHW), Lockheed Martin (LMT), S&P Global (SPGI) before market open; $Capital One Financial Corp(COF-N)$. (COF), Twitter (TWTR), Juniper Networks (JNPR), Visa (V), Advanced Micro Devices (AMD), Microsoft (MSFT), Texas Instruments (TXN), Alphabet (GOOGL) after market close\nWednesday: CME Group (CME), McDonald's (MCD), Hilton Worldwide Holdings (HLT), Bristol-Myers Squibb (BMY), Boeing (BA), The Coca-Cola Company (KO), Kraft Heinz (KHC), General Motors (GM) before market open; Ford (F), Xilinx (XLNX), O'Reilly Automotive (ORLY), United Rentals (URI), Align Technology (ALGN), eBay (EBAY), ServiceNow (NOW) after market close\nThursday: Merck (MRK), Caterpillar (CAT), Yum! Brands (YUM), Comcast (CMCSA), Moody's Corp. (MCO), Nielsen Holdings (NLSN), Stanley Black & Decker (SWK), The Hershey Co. (HSY), Molson Coors Beverage Co. (TAP), Mastercard (MA), Altria Group (MO) before market open; Apple (AAPL), Western Digital Corp. (WDC), Starbucks (SBUX), Gilead Sciences (GILD), Amazon (AMZN) after market close\nFriday: Royal Caribbean (RCL), T Rowe Price Group (TROW), Charter Communications (CHTR), Chevron (CVX), AbbVie (ABBV), Exxon Mobil (XOM), Colgate-Palmolive (CL), Newell Brands (NWL) before market open","news_type":1},"isVote":1,"tweetType":1,"viewCount":227,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":864681474,"gmtCreate":1633097662351,"gmtModify":1633097662630,"author":{"id":"4090224668853230","authorId":"4090224668853230","name":"Laulau","avatar":"https://static.tigerbbs.com/c71a1a61f1c30d965eb400d29b5e0faa","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/864681474","repostId":"2172295185","repostType":4,"isVote":1,"tweetType":1,"viewCount":371,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":868472353,"gmtCreate":1632702968472,"gmtModify":1632798501153,"author":{"id":"4090224668853230","authorId":"4090224668853230","name":"Laulau","avatar":"https://static.tigerbbs.com/c71a1a61f1c30d965eb400d29b5e0faa","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/868472353","repostId":"2170485596","repostType":4,"repost":{"id":"2170485596","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":1632695520,"share":"https://www.laohu8.com/m/news/2170485596?lang=&edition=full","pubTime":"2021-09-27 06:32","market":"hk","language":"en","title":"Tesla expands 'Full Self-Driving' beta tests as proxy group urges board shakeup","url":"https://stock-news.laohu8.com/highlight/detail?id=2170485596","media":"Dow Jones","summary":"ISS calls for 'no' votes against two big-name directors, and for corporate accountability proposals.","content":"<blockquote>\n <a href=\"https://laohu8.com/S/ISFFF\">ISS</a> calls for 'no' votes against two big-name directors, and for corporate accountability proposals.\n</blockquote>\n<p>A powerful proxy advisory firm is advising Tesla Inc. shareholders to vote against two current board members and for measures urging greater corporate accountability.</p>\n<p>Meanwhile, Tesla is expanding the number of drivers who can request the beta version of its latest \"Full Self-Driving\" feature, despite concerns from regulators.</p>\n<p>A note by Institutional Shareholder Services on Friday advised voting against directors James Murdoch, who quit the board of <a href=\"https://laohu8.com/S/NWSAL\">News Corp</a>. in 2020, and Kimbal Musk, brother of Tesla CEO Elon Musk. ISS cited directors receiving \"sizeable equity grants\" without providing rationale, raising concerns about the directors' ability to effectively oversee the company's risk. ISS also complained that the board has not been sufficiently responsive to measures that were approved by shareholders last year.</p>\n<p>ISS is also recommending \"yes\" votes on shareholder proposals to declassify the board, to issue a diversity and inclusivity report, to report on employee arbitration, and to assign an independent committee to oversee \"human capital management.\" Tesla's board opposes the measures.</p>\n<p>Tesla's annual shareholders' meeting is set for Oct. 7 at its factory in Fremont, Calif. Another proposal, supported by both ISS and Tesla's board, would reduce directors' terms to two years, from the current three.</p>\n<p>Proposals opposed by Tesla are unlikely to be passed, even if they win a majority of votes. Elon Musk and other insiders control about 25% of voting power, and shareholder supermajorities are required for major changes. That means that without support from Musk and other insiders, nearly 90% of shareholders' support would be needed to overrule them.</p>\n<p>Tesla is hardly the only company where shareholders lack much power. Some of the country's biggest and most influential companies, such as Walmart Inc. <a href=\"https://laohu8.com/S/WMT\">$(WMT)$</a> and <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc. (FB), have near total control in the hands of their founders, their families and other insiders.</p>\n<p>On the technological side, Tesla over the weekend launched a button on its vehicles' dashboard screens where owners can request a software upgrade to the Full Self-Driving beta version. According to Tesla's website, the company will grant FSB beta access to users who have a proven record of driving safely, determined by a five-factor score compiled by Tesla.</p>\n<p>Despite its name, the Full Self-Driving feature doesn't make the cars fully autonomous, and last week the head of the National Transportation Safety Board called the upgrade premature, and said Tesla's use of that term is \"misleading and irresponsible.\"</p>\n<p>Last week, San Francisco transport authorities also expressed concern about the safety of the FSB feature ahead of the software update.</p>\n<p>Federal regulators have investigated at least 25 crashes over the past five years involving Tesla's Autopilot driver-assistance feature.</p>\n<p>Tesla shares <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> are up about 10% year to date, compared to the S&amp;P 500's nearly 19% gain.</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>Tesla expands 'Full Self-Driving' beta tests as proxy group urges board shakeup</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla expands 'Full Self-Driving' beta tests as proxy group urges board shakeup\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\">2021-09-27 06:32</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<blockquote>\n <a href=\"https://laohu8.com/S/ISFFF\">ISS</a> calls for 'no' votes against two big-name directors, and for corporate accountability proposals.\n</blockquote>\n<p>A powerful proxy advisory firm is advising Tesla Inc. shareholders to vote against two current board members and for measures urging greater corporate accountability.</p>\n<p>Meanwhile, Tesla is expanding the number of drivers who can request the beta version of its latest \"Full Self-Driving\" feature, despite concerns from regulators.</p>\n<p>A note by Institutional Shareholder Services on Friday advised voting against directors James Murdoch, who quit the board of <a href=\"https://laohu8.com/S/NWSAL\">News Corp</a>. in 2020, and Kimbal Musk, brother of Tesla CEO Elon Musk. ISS cited directors receiving \"sizeable equity grants\" without providing rationale, raising concerns about the directors' ability to effectively oversee the company's risk. ISS also complained that the board has not been sufficiently responsive to measures that were approved by shareholders last year.</p>\n<p>ISS is also recommending \"yes\" votes on shareholder proposals to declassify the board, to issue a diversity and inclusivity report, to report on employee arbitration, and to assign an independent committee to oversee \"human capital management.\" Tesla's board opposes the measures.</p>\n<p>Tesla's annual shareholders' meeting is set for Oct. 7 at its factory in Fremont, Calif. Another proposal, supported by both ISS and Tesla's board, would reduce directors' terms to two years, from the current three.</p>\n<p>Proposals opposed by Tesla are unlikely to be passed, even if they win a majority of votes. Elon Musk and other insiders control about 25% of voting power, and shareholder supermajorities are required for major changes. That means that without support from Musk and other insiders, nearly 90% of shareholders' support would be needed to overrule them.</p>\n<p>Tesla is hardly the only company where shareholders lack much power. Some of the country's biggest and most influential companies, such as Walmart Inc. <a href=\"https://laohu8.com/S/WMT\">$(WMT)$</a> and <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc. (FB), have near total control in the hands of their founders, their families and other insiders.</p>\n<p>On the technological side, Tesla over the weekend launched a button on its vehicles' dashboard screens where owners can request a software upgrade to the Full Self-Driving beta version. According to Tesla's website, the company will grant FSB beta access to users who have a proven record of driving safely, determined by a five-factor score compiled by Tesla.</p>\n<p>Despite its name, the Full Self-Driving feature doesn't make the cars fully autonomous, and last week the head of the National Transportation Safety Board called the upgrade premature, and said Tesla's use of that term is \"misleading and irresponsible.\"</p>\n<p>Last week, San Francisco transport authorities also expressed concern about the safety of the FSB feature ahead of the software update.</p>\n<p>Federal regulators have investigated at least 25 crashes over the past five years involving Tesla's Autopilot driver-assistance feature.</p>\n<p>Tesla shares <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> are up about 10% year to date, compared to the S&amp;P 500's nearly 19% gain.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2170485596","content_text":"ISS calls for 'no' votes against two big-name directors, and for corporate accountability proposals.\n\nA powerful proxy advisory firm is advising Tesla Inc. shareholders to vote against two current board members and for measures urging greater corporate accountability.\nMeanwhile, Tesla is expanding the number of drivers who can request the beta version of its latest \"Full Self-Driving\" feature, despite concerns from regulators.\nA note by Institutional Shareholder Services on Friday advised voting against directors James Murdoch, who quit the board of News Corp. in 2020, and Kimbal Musk, brother of Tesla CEO Elon Musk. ISS cited directors receiving \"sizeable equity grants\" without providing rationale, raising concerns about the directors' ability to effectively oversee the company's risk. ISS also complained that the board has not been sufficiently responsive to measures that were approved by shareholders last year.\nISS is also recommending \"yes\" votes on shareholder proposals to declassify the board, to issue a diversity and inclusivity report, to report on employee arbitration, and to assign an independent committee to oversee \"human capital management.\" Tesla's board opposes the measures.\nTesla's annual shareholders' meeting is set for Oct. 7 at its factory in Fremont, Calif. Another proposal, supported by both ISS and Tesla's board, would reduce directors' terms to two years, from the current three.\nProposals opposed by Tesla are unlikely to be passed, even if they win a majority of votes. Elon Musk and other insiders control about 25% of voting power, and shareholder supermajorities are required for major changes. That means that without support from Musk and other insiders, nearly 90% of shareholders' support would be needed to overrule them.\nTesla is hardly the only company where shareholders lack much power. Some of the country's biggest and most influential companies, such as Walmart Inc. $(WMT)$ and Facebook Inc. (FB), have near total control in the hands of their founders, their families and other insiders.\nOn the technological side, Tesla over the weekend launched a button on its vehicles' dashboard screens where owners can request a software upgrade to the Full Self-Driving beta version. According to Tesla's website, the company will grant FSB beta access to users who have a proven record of driving safely, determined by a five-factor score compiled by Tesla.\nDespite its name, the Full Self-Driving feature doesn't make the cars fully autonomous, and last week the head of the National Transportation Safety Board called the upgrade premature, and said Tesla's use of that term is \"misleading and irresponsible.\"\nLast week, San Francisco transport authorities also expressed concern about the safety of the FSB feature ahead of the software update.\nFederal regulators have investigated at least 25 crashes over the past five years involving Tesla's Autopilot driver-assistance feature.\nTesla shares $(TSLA)$ are up about 10% year to date, compared to the S&P 500's nearly 19% gain.","news_type":1},"isVote":1,"tweetType":1,"viewCount":412,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":861271180,"gmtCreate":1632506374640,"gmtModify":1632714693523,"author":{"id":"4090224668853230","authorId":"4090224668853230","name":"Laulau","avatar":"https://static.tigerbbs.com/c71a1a61f1c30d965eb400d29b5e0faa","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/861271180","repostId":"1104085778","repostType":4,"repost":{"id":"1104085778","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1632498166,"share":"https://www.laohu8.com/m/news/1104085778?lang=&edition=full","pubTime":"2021-09-24 23:42","market":"us","language":"en","title":"IPO opening reminder: Cue Health opens for trading at $19.2, up 20% from IPO price.","url":"https://stock-news.laohu8.com/highlight/detail?id=1104085778","media":"Tiger Newspress","summary":"(Sept 24) Cue Health Inc. opens for trading at $19.2, up 20% from IPO price.\n\nCompany & Technology\nS","content":"<p>(Sept 24)&nbsp;<a href=\"https://laohu8.com/S/HLTH\">Cue Health Inc.</a> opens for trading at $19.2, up 20% from IPO price.</p>\n<p><img src=\"https://static.tigerbbs.com/c7270662a08ec3dac176aa52bf5cbd1a\" tg-width=\"902\" tg-height=\"560\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Company &amp; Technology</b></p>\n<p>San Diego, California-based Cue was founded to first develop a COVID-19 test kit and integrated information platform for processing and communication.</p>\n<p>Management is headed by co-founder, Chairman and CEO Ayub Khattak, who has been with the firm since inception and holds a B.S. in mathematics from UCLA.</p>\n<p>The company’s primary offerings in its Cue Integrated Care Platform:</p>\n<ul>\n <li><p>Health monitoring system</p></li>\n <li><p>Rader</p></li>\n <li><p>Cartridge</p></li>\n <li><p>Wand</p></li>\n <li><p>Data</p></li>\n <li><p>Delivery apps</p></li>\n <li><p>Enterprise dashboard</p></li>\n <li><p>Ecosystem integrations</p></li>\n</ul>\n<p>Cue has received at least $176 million in equity investment from investors including ACME Capital, Cove Investors, Decheng Capital China Life Sciences, Madrone and NVGA I.</p>\n<p><b>Customer/User Acquisition</b></p>\n<p>The company pursues healthcare provider relationships through its in-house direct sales team focused on healthcare providers, large enterprises and public sector clients.</p>\n<p>Management expects 2021 customer demand for its COVID-19 test kits to exceed its manufacturing capacity.</p>\n<p>Sales and Marketing expenses as a percentage of total revenue have varied as revenues have increased sharply, as the figures below indicate:</p>\n<table>\n <tbody>\n  <tr>\n   <td><p><b>Sales and Marketing</b></p></td>\n   <td><p><b>Expenses vs. Revenue</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Period</p></td>\n   <td><p>Percentage</p></td>\n  </tr>\n  <tr>\n   <td><p>Six Mos. Ended June 30, 2021</p></td>\n   <td><p>1.0%</p></td>\n  </tr>\n  <tr>\n   <td><p>2020</p></td>\n   <td><p>3.1%</p></td>\n  </tr>\n  <tr>\n   <td><p>2019</p></td>\n   <td><p>1.3%</p></td>\n  </tr>\n </tbody>\n</table>\n<p>The Sales and Marketing efficiency rate, defined as how many dollars of additional new revenue are generated by each dollar of Sales and Marketing spend, was 100.5x in the most recent reporting period, as shown in the table below:</p>\n<table>\n <tbody>\n  <tr>\n   <td><p><b>Sales and Marketing</b></p></td>\n   <td><p><b>Efficiency Rate</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Period</p></td>\n   <td><p>Multiple</p></td>\n  </tr>\n  <tr>\n   <td><p>Six Mos. Ended June 30, 2021</p></td>\n   <td><p>100.5</p></td>\n  </tr>\n  <tr>\n   <td><p>2020</p></td>\n   <td><p>22.9</p></td>\n  </tr>\n </tbody>\n</table>\n<p><b>Market &amp; Competition</b></p>\n<p>According to a 2020 marketresearch reportby Grand View Research, the global market for COVID-19 detection kits was an estimated $3.28 billion in 2020 and is expected to reach $5 billion by 2027.</p>\n<p>This represents a forecast CAGR of 5.05% from 2021 to 2027.</p>\n<p>The main drivers for this expected growth are a strong growth in demand for testing services of all types on a global basis.</p>\n<p>Also, below is a chart showing the market share of use of detection kits by end-user type:</p>\n<p><img src=\"https://static.tigerbbs.com/4b7fc60b336bae7685e08132f8176b57\" tg-width=\"1158\" tg-height=\"618\" referrerpolicy=\"no-referrer\"></p>\n<p>(Source)</p>\n<p>Major competitive or other industry participants include:</p>\n<ul>\n <li><p>Abbott Laboratories(NYSE:ABT)</p></li>\n <li><p>Becton, Dickinson(NYSE:BDX)</p></li>\n <li><p>bioMerieux(OTCPK:BMXMF)</p></li>\n <li><p>Bio-Rad Laboratories(NYSE:BIO)</p></li>\n <li><p>Danaher(NYSE:DHR)</p></li>\n <li><p>Ellume Limited</p></li>\n <li><p>Everly Health</p></li>\n <li><p>Roche(OTCQX:RHHBY)(OTCQX:RHHBF)</p></li>\n <li><p>Fluidigm(NASDAQ:FLDM)</p></li>\n <li><p>GenMark Diagnostics(NASDAQ:GNMK)</p></li>\n <li><p>Others</p></li>\n</ul>\n<p><b>Financial Performance</b></p>\n<p>Cue’s recent financial results can be summarized as follows:</p>\n<ul>\n <li><p>Sharply growing top line revenue</p></li>\n <li><p>Increasing gross profit and variable gross margin</p></li>\n <li><p>A swing to operating profit and net income</p></li>\n <li><p>Variable cash flow from operations</p></li>\n</ul>\n<p>Below are relevant financial results derived from the firm’s registration statement:</p>\n<table>\n <colgroup></colgroup>\n <tbody>\n  <tr>\n   <td><p><b>Total Revenue</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Period</p></td>\n   <td><p>Total Revenue</p></td>\n   <td><p>% Variance vs. Prior</p></td>\n  </tr>\n  <tr>\n   <td><p>Six Mos. Ended June 30, 2021</p></td>\n   <td><p>$ 201,922,000</p></td>\n   <td><p>3971.0%</p></td>\n  </tr>\n  <tr>\n   <td><p>2020</p></td>\n   <td><p>$ 22,953,000</p></td>\n   <td><p>246.4%</p></td>\n  </tr>\n  <tr>\n   <td><p>2019</p></td>\n   <td><p>$ 6,626,000</p></td>\n  </tr>\n  <tr></tr>\n  <tr>\n   <td><p><b>Gross Profit (Loss)</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Period</p></td>\n   <td><p>Gross Profit (Loss)</p></td>\n   <td><p>% Variance vs. Prior</p></td>\n  </tr>\n  <tr>\n   <td><p>Six Mos. Ended June 30, 2021</p></td>\n   <td><p>$ 116,745,000</p></td>\n   <td><p>2253.7%</p></td>\n  </tr>\n  <tr>\n   <td><p>2020</p></td>\n   <td><p>$ 8,002,000</p></td>\n   <td><p>20.8%</p></td>\n  </tr>\n  <tr>\n   <td><p>2019</p></td>\n   <td><p>$ 6,626,000</p></td>\n  </tr>\n  <tr></tr>\n  <tr>\n   <td><p><b>Gross Margin</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Period</p></td>\n   <td><p>Gross Margin</p></td>\n  </tr>\n  <tr>\n   <td><p>Six Mos. Ended June 30, 2021</p></td>\n   <td><p>57.82%</p></td>\n  </tr>\n  <tr>\n   <td><p>2020</p></td>\n   <td><p>34.86%</p></td>\n  </tr>\n  <tr>\n   <td><p>2019</p></td>\n   <td><p>100.00%</p></td>\n  </tr>\n  <tr></tr>\n  <tr>\n   <td><p><b>Operating Profit (Loss)</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Period</p></td>\n   <td><p>Operating Profit (Loss)</p></td>\n   <td><p>Operating Margin</p></td>\n  </tr>\n  <tr>\n   <td><p>Six Mos. Ended June 30, 2021</p></td>\n   <td><p>$ 79,463,000</p></td>\n   <td><p>39.4%</p></td>\n  </tr>\n  <tr>\n   <td><p>2020</p></td>\n   <td><p>$ (45,126,000)</p></td>\n   <td><p>-196.6%</p></td>\n  </tr>\n  <tr>\n   <td><p>2019</p></td>\n   <td><p>$ (20,767,000)</p></td>\n   <td><p>-313.4%</p></td>\n  </tr>\n  <tr></tr>\n  <tr>\n   <td><p><b>Net Income (Loss)</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Period</p></td>\n   <td><p>Net Income (Loss)</p></td>\n  </tr>\n  <tr>\n   <td><p>Six Mos. Ended June 30, 2021</p></td>\n   <td><p>$ 32,840,000</p></td>\n  </tr>\n  <tr>\n   <td><p>2020</p></td>\n   <td><p>$ (47,352,000)</p></td>\n  </tr>\n  <tr>\n   <td><p>2019</p></td>\n   <td><p>$ (20,606,000)</p></td>\n  </tr>\n  <tr></tr>\n  <tr>\n   <td><p><b>Cash Flow From Operations</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Period</p></td>\n   <td><p>Cash Flow From Operations</p></td>\n  </tr>\n  <tr>\n   <td><p>Six Mos. Ended June 30, 2021</p></td>\n   <td><p>$ (37,812,000)</p></td>\n  </tr>\n  <tr>\n   <td><p>2020</p></td>\n   <td><p>$ 92,655,000</p></td>\n  </tr>\n  <tr>\n   <td><p>2019</p></td>\n   <td><p>$ (12,996,000)</p></td>\n  </tr>\n </tbody>\n</table>\n<p>As of June 30, 2021, Cue had $246.3 million in cash and $516.3 million in total liabilities.</p>\n<p>Free cash flow during the twelve months ended June 30, 2021, was negative ($60 million).</p>\n<p><b>Valuation Metrics</b></p>\n<p>Below is a table of relevant capitalization and valuation figures for the company:</p>\n<table>\n <colgroup></colgroup>\n <tbody>\n  <tr>\n   <td><p><b>Measure [TTM]</b></p></td>\n   <td><p><b>Amount</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Market Capitalization at IPO</p></td>\n   <td><p>$2,299,981,232</p></td>\n  </tr>\n  <tr>\n   <td><p>Enterprise Value</p></td>\n   <td><p>$1,874,455,232</p></td>\n  </tr>\n  <tr>\n   <td><p>Price / Sales</p></td>\n   <td><p>10.46</p></td>\n  </tr>\n  <tr>\n   <td><p>EV / Revenue</p></td>\n   <td><p>8.52</p></td>\n  </tr>\n  <tr>\n   <td><p>EV / EBITDA</p></td>\n   <td><p>35.46</p></td>\n  </tr>\n  <tr>\n   <td><p>Earnings Per Share</p></td>\n   <td><p>$0.03</p></td>\n  </tr>\n  <tr>\n   <td><p>Float To Outstanding Shares Ratio</p></td>\n   <td><p>8.70%</p></td>\n  </tr>\n  <tr>\n   <td><p>Proposed IPO Midpoint Price per Share</p></td>\n   <td><p>$16.00</p></td>\n  </tr>\n  <tr>\n   <td><p>Net Free Cash Flow</p></td>\n   <td><p>-$59,920,000</p></td>\n  </tr>\n  <tr>\n   <td><p>Free Cash Flow Yield Per Share</p></td>\n   <td><p>-2.61%</p></td>\n  </tr>\n  <tr>\n   <td><p>Revenue Growth Rate</p></td>\n   <td><p>3971.01%</p></td>\n  </tr>\n </tbody>\n</table>\n<p>As a reference, a potential partial and imperfect public comparable to Cue would be Bio-Rad (BIO); below is a comparison of their primary valuation metrics:</p>\n<table>\n <colgroup></colgroup>\n <tbody>\n  <tr>\n   <td><p><b>Metric</b></p></td>\n   <td><p><b>Bio-Rad (BIO)</b></p></td>\n   <td><p><b>Cue Health (HLTH)</b></p></td>\n   <td><p><b>Variance</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Price / Sales</p></td>\n   <td><p>8.15</p></td>\n   <td><p>10.46</p></td>\n   <td><p>28.3%</p></td>\n  </tr>\n  <tr>\n   <td><p>EV / Revenue</p></td>\n   <td><p>7.82</p></td>\n   <td><p>8.52</p></td>\n   <td><p>9.0%</p></td>\n  </tr>\n  <tr>\n   <td><p>EV / EBITDA</p></td>\n   <td><p>31.66</p></td>\n   <td><p>35.46</p></td>\n   <td><p>12.0%</p></td>\n  </tr>\n  <tr>\n   <td><p>Earnings Per Share</p></td>\n   <td><p>$134.05</p></td>\n   <td><p>$0.03</p></td>\n   <td><p>-100.0%</p></td>\n  </tr>\n  <tr>\n   <td><p>Revenue Growth Rate</p></td>\n   <td><p>25.6%</p></td>\n   <td><p>3971.01%</p></td>\n   <td><p>15436.03%</p></td>\n  </tr>\n  <tr>\n   <td><p>(Glossary Of Terms)</p></td>\n  </tr>\n </tbody>\n</table>\n<p><b>Commentary</b></p>\n<p>Cue is seeking public investment capital to further scale its commercialization operations as well as continue its R &amp; D efforts.</p>\n<p>The company’s financials show sharply growing top line revenue, strong growth in gross profit and variable gross margin, a swing to operating profit and net income and highly fluctuating cash flow from or use in operations</p>\n<p>Free cash flow for the twelve months ended June 30, 2021, was an eye-popping negative ($60 million).</p>\n<p>Sales and Marketing expenses as a percentage of total revenue have fluctuated as revenues have increased dramatically; its Sales and Marketing efficiency rate was an extremely high 100.5x in the most recent reporting period.</p>\n<p>The market opportunity for COVID-19 and related test kit platforms is large and will likely grow at a high rate of growth over the coming years as countries around the world seek to bolster their testing capabilities in the wake of the recent global pandemic.</p>\n<p>Goldman Sachs is the lead left underwriter and IPOs led by the firm over the last 12-month period have generated an average return of 39.9% since their IPO. This is a mid-tier performance for all major underwriters during the period.</p>\n<p>The primary risk to the firm now is that it is essentially a one-product company, so its revenue base is heavily concentrated.</p>\n<p>As for valuation, compared to partial competitor Bio-Rad Laboratories, the IPO is reasonably valued on a revenue multiple, although Cue is growing at a much higher rate of growth from a much lower revenue base, so the comparison is strained at best.</p>\n<p>Given Cue’s growth trajectory, profitability and reasonable IPO valuation, the IPO is worth consideration.</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>IPO opening reminder: Cue Health opens for trading at $19.2, up 20% from IPO price.</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\">\nIPO opening reminder: Cue Health opens for trading at $19.2, up 20% from IPO price.\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-09-24 23:42</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(Sept 24)&nbsp;<a href=\"https://laohu8.com/S/HLTH\">Cue Health Inc.</a> opens for trading at $19.2, up 20% from IPO price.</p>\n<p><img src=\"https://static.tigerbbs.com/c7270662a08ec3dac176aa52bf5cbd1a\" tg-width=\"902\" tg-height=\"560\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Company &amp; Technology</b></p>\n<p>San Diego, California-based Cue was founded to first develop a COVID-19 test kit and integrated information platform for processing and communication.</p>\n<p>Management is headed by co-founder, Chairman and CEO Ayub Khattak, who has been with the firm since inception and holds a B.S. in mathematics from UCLA.</p>\n<p>The company’s primary offerings in its Cue Integrated Care Platform:</p>\n<ul>\n <li><p>Health monitoring system</p></li>\n <li><p>Rader</p></li>\n <li><p>Cartridge</p></li>\n <li><p>Wand</p></li>\n <li><p>Data</p></li>\n <li><p>Delivery apps</p></li>\n <li><p>Enterprise dashboard</p></li>\n <li><p>Ecosystem integrations</p></li>\n</ul>\n<p>Cue has received at least $176 million in equity investment from investors including ACME Capital, Cove Investors, Decheng Capital China Life Sciences, Madrone and NVGA I.</p>\n<p><b>Customer/User Acquisition</b></p>\n<p>The company pursues healthcare provider relationships through its in-house direct sales team focused on healthcare providers, large enterprises and public sector clients.</p>\n<p>Management expects 2021 customer demand for its COVID-19 test kits to exceed its manufacturing capacity.</p>\n<p>Sales and Marketing expenses as a percentage of total revenue have varied as revenues have increased sharply, as the figures below indicate:</p>\n<table>\n <tbody>\n  <tr>\n   <td><p><b>Sales and Marketing</b></p></td>\n   <td><p><b>Expenses vs. Revenue</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Period</p></td>\n   <td><p>Percentage</p></td>\n  </tr>\n  <tr>\n   <td><p>Six Mos. Ended June 30, 2021</p></td>\n   <td><p>1.0%</p></td>\n  </tr>\n  <tr>\n   <td><p>2020</p></td>\n   <td><p>3.1%</p></td>\n  </tr>\n  <tr>\n   <td><p>2019</p></td>\n   <td><p>1.3%</p></td>\n  </tr>\n </tbody>\n</table>\n<p>The Sales and Marketing efficiency rate, defined as how many dollars of additional new revenue are generated by each dollar of Sales and Marketing spend, was 100.5x in the most recent reporting period, as shown in the table below:</p>\n<table>\n <tbody>\n  <tr>\n   <td><p><b>Sales and Marketing</b></p></td>\n   <td><p><b>Efficiency Rate</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Period</p></td>\n   <td><p>Multiple</p></td>\n  </tr>\n  <tr>\n   <td><p>Six Mos. Ended June 30, 2021</p></td>\n   <td><p>100.5</p></td>\n  </tr>\n  <tr>\n   <td><p>2020</p></td>\n   <td><p>22.9</p></td>\n  </tr>\n </tbody>\n</table>\n<p><b>Market &amp; Competition</b></p>\n<p>According to a 2020 marketresearch reportby Grand View Research, the global market for COVID-19 detection kits was an estimated $3.28 billion in 2020 and is expected to reach $5 billion by 2027.</p>\n<p>This represents a forecast CAGR of 5.05% from 2021 to 2027.</p>\n<p>The main drivers for this expected growth are a strong growth in demand for testing services of all types on a global basis.</p>\n<p>Also, below is a chart showing the market share of use of detection kits by end-user type:</p>\n<p><img src=\"https://static.tigerbbs.com/4b7fc60b336bae7685e08132f8176b57\" tg-width=\"1158\" tg-height=\"618\" referrerpolicy=\"no-referrer\"></p>\n<p>(Source)</p>\n<p>Major competitive or other industry participants include:</p>\n<ul>\n <li><p>Abbott Laboratories(NYSE:ABT)</p></li>\n <li><p>Becton, Dickinson(NYSE:BDX)</p></li>\n <li><p>bioMerieux(OTCPK:BMXMF)</p></li>\n <li><p>Bio-Rad Laboratories(NYSE:BIO)</p></li>\n <li><p>Danaher(NYSE:DHR)</p></li>\n <li><p>Ellume Limited</p></li>\n <li><p>Everly Health</p></li>\n <li><p>Roche(OTCQX:RHHBY)(OTCQX:RHHBF)</p></li>\n <li><p>Fluidigm(NASDAQ:FLDM)</p></li>\n <li><p>GenMark Diagnostics(NASDAQ:GNMK)</p></li>\n <li><p>Others</p></li>\n</ul>\n<p><b>Financial Performance</b></p>\n<p>Cue’s recent financial results can be summarized as follows:</p>\n<ul>\n <li><p>Sharply growing top line revenue</p></li>\n <li><p>Increasing gross profit and variable gross margin</p></li>\n <li><p>A swing to operating profit and net income</p></li>\n <li><p>Variable cash flow from operations</p></li>\n</ul>\n<p>Below are relevant financial results derived from the firm’s registration statement:</p>\n<table>\n <colgroup></colgroup>\n <tbody>\n  <tr>\n   <td><p><b>Total Revenue</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Period</p></td>\n   <td><p>Total Revenue</p></td>\n   <td><p>% Variance vs. Prior</p></td>\n  </tr>\n  <tr>\n   <td><p>Six Mos. Ended June 30, 2021</p></td>\n   <td><p>$ 201,922,000</p></td>\n   <td><p>3971.0%</p></td>\n  </tr>\n  <tr>\n   <td><p>2020</p></td>\n   <td><p>$ 22,953,000</p></td>\n   <td><p>246.4%</p></td>\n  </tr>\n  <tr>\n   <td><p>2019</p></td>\n   <td><p>$ 6,626,000</p></td>\n  </tr>\n  <tr></tr>\n  <tr>\n   <td><p><b>Gross Profit (Loss)</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Period</p></td>\n   <td><p>Gross Profit (Loss)</p></td>\n   <td><p>% Variance vs. Prior</p></td>\n  </tr>\n  <tr>\n   <td><p>Six Mos. Ended June 30, 2021</p></td>\n   <td><p>$ 116,745,000</p></td>\n   <td><p>2253.7%</p></td>\n  </tr>\n  <tr>\n   <td><p>2020</p></td>\n   <td><p>$ 8,002,000</p></td>\n   <td><p>20.8%</p></td>\n  </tr>\n  <tr>\n   <td><p>2019</p></td>\n   <td><p>$ 6,626,000</p></td>\n  </tr>\n  <tr></tr>\n  <tr>\n   <td><p><b>Gross Margin</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Period</p></td>\n   <td><p>Gross Margin</p></td>\n  </tr>\n  <tr>\n   <td><p>Six Mos. Ended June 30, 2021</p></td>\n   <td><p>57.82%</p></td>\n  </tr>\n  <tr>\n   <td><p>2020</p></td>\n   <td><p>34.86%</p></td>\n  </tr>\n  <tr>\n   <td><p>2019</p></td>\n   <td><p>100.00%</p></td>\n  </tr>\n  <tr></tr>\n  <tr>\n   <td><p><b>Operating Profit (Loss)</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Period</p></td>\n   <td><p>Operating Profit (Loss)</p></td>\n   <td><p>Operating Margin</p></td>\n  </tr>\n  <tr>\n   <td><p>Six Mos. Ended June 30, 2021</p></td>\n   <td><p>$ 79,463,000</p></td>\n   <td><p>39.4%</p></td>\n  </tr>\n  <tr>\n   <td><p>2020</p></td>\n   <td><p>$ (45,126,000)</p></td>\n   <td><p>-196.6%</p></td>\n  </tr>\n  <tr>\n   <td><p>2019</p></td>\n   <td><p>$ (20,767,000)</p></td>\n   <td><p>-313.4%</p></td>\n  </tr>\n  <tr></tr>\n  <tr>\n   <td><p><b>Net Income (Loss)</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Period</p></td>\n   <td><p>Net Income (Loss)</p></td>\n  </tr>\n  <tr>\n   <td><p>Six Mos. Ended June 30, 2021</p></td>\n   <td><p>$ 32,840,000</p></td>\n  </tr>\n  <tr>\n   <td><p>2020</p></td>\n   <td><p>$ (47,352,000)</p></td>\n  </tr>\n  <tr>\n   <td><p>2019</p></td>\n   <td><p>$ (20,606,000)</p></td>\n  </tr>\n  <tr></tr>\n  <tr>\n   <td><p><b>Cash Flow From Operations</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Period</p></td>\n   <td><p>Cash Flow From Operations</p></td>\n  </tr>\n  <tr>\n   <td><p>Six Mos. Ended June 30, 2021</p></td>\n   <td><p>$ (37,812,000)</p></td>\n  </tr>\n  <tr>\n   <td><p>2020</p></td>\n   <td><p>$ 92,655,000</p></td>\n  </tr>\n  <tr>\n   <td><p>2019</p></td>\n   <td><p>$ (12,996,000)</p></td>\n  </tr>\n </tbody>\n</table>\n<p>As of June 30, 2021, Cue had $246.3 million in cash and $516.3 million in total liabilities.</p>\n<p>Free cash flow during the twelve months ended June 30, 2021, was negative ($60 million).</p>\n<p><b>Valuation Metrics</b></p>\n<p>Below is a table of relevant capitalization and valuation figures for the company:</p>\n<table>\n <colgroup></colgroup>\n <tbody>\n  <tr>\n   <td><p><b>Measure [TTM]</b></p></td>\n   <td><p><b>Amount</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Market Capitalization at IPO</p></td>\n   <td><p>$2,299,981,232</p></td>\n  </tr>\n  <tr>\n   <td><p>Enterprise Value</p></td>\n   <td><p>$1,874,455,232</p></td>\n  </tr>\n  <tr>\n   <td><p>Price / Sales</p></td>\n   <td><p>10.46</p></td>\n  </tr>\n  <tr>\n   <td><p>EV / Revenue</p></td>\n   <td><p>8.52</p></td>\n  </tr>\n  <tr>\n   <td><p>EV / EBITDA</p></td>\n   <td><p>35.46</p></td>\n  </tr>\n  <tr>\n   <td><p>Earnings Per Share</p></td>\n   <td><p>$0.03</p></td>\n  </tr>\n  <tr>\n   <td><p>Float To Outstanding Shares Ratio</p></td>\n   <td><p>8.70%</p></td>\n  </tr>\n  <tr>\n   <td><p>Proposed IPO Midpoint Price per Share</p></td>\n   <td><p>$16.00</p></td>\n  </tr>\n  <tr>\n   <td><p>Net Free Cash Flow</p></td>\n   <td><p>-$59,920,000</p></td>\n  </tr>\n  <tr>\n   <td><p>Free Cash Flow Yield Per Share</p></td>\n   <td><p>-2.61%</p></td>\n  </tr>\n  <tr>\n   <td><p>Revenue Growth Rate</p></td>\n   <td><p>3971.01%</p></td>\n  </tr>\n </tbody>\n</table>\n<p>As a reference, a potential partial and imperfect public comparable to Cue would be Bio-Rad (BIO); below is a comparison of their primary valuation metrics:</p>\n<table>\n <colgroup></colgroup>\n <tbody>\n  <tr>\n   <td><p><b>Metric</b></p></td>\n   <td><p><b>Bio-Rad (BIO)</b></p></td>\n   <td><p><b>Cue Health (HLTH)</b></p></td>\n   <td><p><b>Variance</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Price / Sales</p></td>\n   <td><p>8.15</p></td>\n   <td><p>10.46</p></td>\n   <td><p>28.3%</p></td>\n  </tr>\n  <tr>\n   <td><p>EV / Revenue</p></td>\n   <td><p>7.82</p></td>\n   <td><p>8.52</p></td>\n   <td><p>9.0%</p></td>\n  </tr>\n  <tr>\n   <td><p>EV / EBITDA</p></td>\n   <td><p>31.66</p></td>\n   <td><p>35.46</p></td>\n   <td><p>12.0%</p></td>\n  </tr>\n  <tr>\n   <td><p>Earnings Per Share</p></td>\n   <td><p>$134.05</p></td>\n   <td><p>$0.03</p></td>\n   <td><p>-100.0%</p></td>\n  </tr>\n  <tr>\n   <td><p>Revenue Growth Rate</p></td>\n   <td><p>25.6%</p></td>\n   <td><p>3971.01%</p></td>\n   <td><p>15436.03%</p></td>\n  </tr>\n  <tr>\n   <td><p>(Glossary Of Terms)</p></td>\n  </tr>\n </tbody>\n</table>\n<p><b>Commentary</b></p>\n<p>Cue is seeking public investment capital to further scale its commercialization operations as well as continue its R &amp; D efforts.</p>\n<p>The company’s financials show sharply growing top line revenue, strong growth in gross profit and variable gross margin, a swing to operating profit and net income and highly fluctuating cash flow from or use in operations</p>\n<p>Free cash flow for the twelve months ended June 30, 2021, was an eye-popping negative ($60 million).</p>\n<p>Sales and Marketing expenses as a percentage of total revenue have fluctuated as revenues have increased dramatically; its Sales and Marketing efficiency rate was an extremely high 100.5x in the most recent reporting period.</p>\n<p>The market opportunity for COVID-19 and related test kit platforms is large and will likely grow at a high rate of growth over the coming years as countries around the world seek to bolster their testing capabilities in the wake of the recent global pandemic.</p>\n<p>Goldman Sachs is the lead left underwriter and IPOs led by the firm over the last 12-month period have generated an average return of 39.9% since their IPO. This is a mid-tier performance for all major underwriters during the period.</p>\n<p>The primary risk to the firm now is that it is essentially a one-product company, so its revenue base is heavily concentrated.</p>\n<p>As for valuation, compared to partial competitor Bio-Rad Laboratories, the IPO is reasonably valued on a revenue multiple, although Cue is growing at a much higher rate of growth from a much lower revenue base, so the comparison is strained at best.</p>\n<p>Given Cue’s growth trajectory, profitability and reasonable IPO valuation, the IPO is worth consideration.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HLTH":"Cue Health Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1104085778","content_text":"(Sept 24) Cue Health Inc. opens for trading at $19.2, up 20% from IPO price.\n\nCompany & Technology\nSan Diego, California-based Cue was founded to first develop a COVID-19 test kit and integrated information platform for processing and communication.\nManagement is headed by co-founder, Chairman and CEO Ayub Khattak, who has been with the firm since inception and holds a B.S. in mathematics from UCLA.\nThe company’s primary offerings in its Cue Integrated Care Platform:\n\nHealth monitoring system\nRader\nCartridge\nWand\nData\nDelivery apps\nEnterprise dashboard\nEcosystem integrations\n\nCue has received at least $176 million in equity investment from investors including ACME Capital, Cove Investors, Decheng Capital China Life Sciences, Madrone and NVGA I.\nCustomer/User Acquisition\nThe company pursues healthcare provider relationships through its in-house direct sales team focused on healthcare providers, large enterprises and public sector clients.\nManagement expects 2021 customer demand for its COVID-19 test kits to exceed its manufacturing capacity.\nSales and Marketing expenses as a percentage of total revenue have varied as revenues have increased sharply, as the figures below indicate:\n\n\n\nSales and Marketing\nExpenses vs. Revenue\n\n\nPeriod\nPercentage\n\n\nSix Mos. Ended June 30, 2021\n1.0%\n\n\n2020\n3.1%\n\n\n2019\n1.3%\n\n\n\nThe Sales and Marketing efficiency rate, defined as how many dollars of additional new revenue are generated by each dollar of Sales and Marketing spend, was 100.5x in the most recent reporting period, as shown in the table below:\n\n\n\nSales and Marketing\nEfficiency Rate\n\n\nPeriod\nMultiple\n\n\nSix Mos. Ended June 30, 2021\n100.5\n\n\n2020\n22.9\n\n\n\nMarket & Competition\nAccording to a 2020 marketresearch reportby Grand View Research, the global market for COVID-19 detection kits was an estimated $3.28 billion in 2020 and is expected to reach $5 billion by 2027.\nThis represents a forecast CAGR of 5.05% from 2021 to 2027.\nThe main drivers for this expected growth are a strong growth in demand for testing services of all types on a global basis.\nAlso, below is a chart showing the market share of use of detection kits by end-user type:\n\n(Source)\nMajor competitive or other industry participants include:\n\nAbbott Laboratories(NYSE:ABT)\nBecton, Dickinson(NYSE:BDX)\nbioMerieux(OTCPK:BMXMF)\nBio-Rad Laboratories(NYSE:BIO)\nDanaher(NYSE:DHR)\nEllume Limited\nEverly Health\nRoche(OTCQX:RHHBY)(OTCQX:RHHBF)\nFluidigm(NASDAQ:FLDM)\nGenMark Diagnostics(NASDAQ:GNMK)\nOthers\n\nFinancial Performance\nCue’s recent financial results can be summarized as follows:\n\nSharply growing top line revenue\nIncreasing gross profit and variable gross margin\nA swing to operating profit and net income\nVariable cash flow from operations\n\nBelow are relevant financial results derived from the firm’s registration statement:\n\n\n\n\nTotal Revenue\n\n\nPeriod\nTotal Revenue\n% Variance vs. Prior\n\n\nSix Mos. Ended June 30, 2021\n$ 201,922,000\n3971.0%\n\n\n2020\n$ 22,953,000\n246.4%\n\n\n2019\n$ 6,626,000\n\n\n\nGross Profit (Loss)\n\n\nPeriod\nGross Profit (Loss)\n% Variance vs. Prior\n\n\nSix Mos. Ended June 30, 2021\n$ 116,745,000\n2253.7%\n\n\n2020\n$ 8,002,000\n20.8%\n\n\n2019\n$ 6,626,000\n\n\n\nGross Margin\n\n\nPeriod\nGross Margin\n\n\nSix Mos. Ended June 30, 2021\n57.82%\n\n\n2020\n34.86%\n\n\n2019\n100.00%\n\n\n\nOperating Profit (Loss)\n\n\nPeriod\nOperating Profit (Loss)\nOperating Margin\n\n\nSix Mos. Ended June 30, 2021\n$ 79,463,000\n39.4%\n\n\n2020\n$ (45,126,000)\n-196.6%\n\n\n2019\n$ (20,767,000)\n-313.4%\n\n\n\nNet Income (Loss)\n\n\nPeriod\nNet Income (Loss)\n\n\nSix Mos. Ended June 30, 2021\n$ 32,840,000\n\n\n2020\n$ (47,352,000)\n\n\n2019\n$ (20,606,000)\n\n\n\nCash Flow From Operations\n\n\nPeriod\nCash Flow From Operations\n\n\nSix Mos. Ended June 30, 2021\n$ (37,812,000)\n\n\n2020\n$ 92,655,000\n\n\n2019\n$ (12,996,000)\n\n\n\nAs of June 30, 2021, Cue had $246.3 million in cash and $516.3 million in total liabilities.\nFree cash flow during the twelve months ended June 30, 2021, was negative ($60 million).\nValuation Metrics\nBelow is a table of relevant capitalization and valuation figures for the company:\n\n\n\n\nMeasure [TTM]\nAmount\n\n\nMarket Capitalization at IPO\n$2,299,981,232\n\n\nEnterprise Value\n$1,874,455,232\n\n\nPrice / Sales\n10.46\n\n\nEV / Revenue\n8.52\n\n\nEV / EBITDA\n35.46\n\n\nEarnings Per Share\n$0.03\n\n\nFloat To Outstanding Shares Ratio\n8.70%\n\n\nProposed IPO Midpoint Price per Share\n$16.00\n\n\nNet Free Cash Flow\n-$59,920,000\n\n\nFree Cash Flow Yield Per Share\n-2.61%\n\n\nRevenue Growth Rate\n3971.01%\n\n\n\nAs a reference, a potential partial and imperfect public comparable to Cue would be Bio-Rad (BIO); below is a comparison of their primary valuation metrics:\n\n\n\n\nMetric\nBio-Rad (BIO)\nCue Health (HLTH)\nVariance\n\n\nPrice / Sales\n8.15\n10.46\n28.3%\n\n\nEV / Revenue\n7.82\n8.52\n9.0%\n\n\nEV / EBITDA\n31.66\n35.46\n12.0%\n\n\nEarnings Per Share\n$134.05\n$0.03\n-100.0%\n\n\nRevenue Growth Rate\n25.6%\n3971.01%\n15436.03%\n\n\n(Glossary Of Terms)\n\n\n\nCommentary\nCue is seeking public investment capital to further scale its commercialization operations as well as continue its R & D efforts.\nThe company’s financials show sharply growing top line revenue, strong growth in gross profit and variable gross margin, a swing to operating profit and net income and highly fluctuating cash flow from or use in operations\nFree cash flow for the twelve months ended June 30, 2021, was an eye-popping negative ($60 million).\nSales and Marketing expenses as a percentage of total revenue have fluctuated as revenues have increased dramatically; its Sales and Marketing efficiency rate was an extremely high 100.5x in the most recent reporting period.\nThe market opportunity for COVID-19 and related test kit platforms is large and will likely grow at a high rate of growth over the coming years as countries around the world seek to bolster their testing capabilities in the wake of the recent global pandemic.\nGoldman Sachs is the lead left underwriter and IPOs led by the firm over the last 12-month period have generated an average return of 39.9% since their IPO. This is a mid-tier performance for all major underwriters during the period.\nThe primary risk to the firm now is that it is essentially a one-product company, so its revenue base is heavily concentrated.\nAs for valuation, compared to partial competitor Bio-Rad Laboratories, the IPO is reasonably valued on a revenue multiple, although Cue is growing at a much higher rate of growth from a much lower revenue base, so the comparison is strained at best.\nGiven Cue’s growth trajectory, profitability and reasonable IPO valuation, the IPO is worth consideration.","news_type":1},"isVote":1,"tweetType":1,"viewCount":286,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":856425093,"gmtCreate":1635208631377,"gmtModify":1635208631876,"author":{"id":"4090224668853230","authorId":"4090224668853230","name":"Laulau","avatar":"https://static.tigerbbs.com/c71a1a61f1c30d965eb400d29b5e0faa","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/856425093","repostId":"1182426097","repostType":4,"repost":{"id":"1182426097","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":1635202960,"share":"https://www.laohu8.com/m/news/1182426097?lang=&edition=full","pubTime":"2021-10-26 07:02","market":"us","language":"en","title":"Dow, S&P Close at Record Highs, Tesla Hits $1 Trillion Valuation","url":"https://stock-news.laohu8.com/highlight/detail?id=1182426097","media":"Reuters","summary":"NEW YORK  - The Dow Industrials and S&P 500 closed at record highs on Monday, as earnings season kicked in to high gear in one of the heaviest reporting weeks of the quarter with bellwethers in multiple sectors poised to announce results.While the Dow and S&P hit new highs, the Nasdaq outperformed on the day, buoyed by gains in Tesla and PayPal, and the tech-heavy index stands less than 1% away from its Sept. 7 closing record.Tesla Inc jumped 12.66% to its own new high of $1,045.02 and breached ","content":"<p>NEW YORK (Reuters) - The Dow Industrials and S&amp;P 500 closed at record highs on Monday, as earnings season kicked in to high gear in one of the heaviest reporting weeks of the quarter with bellwethers in multiple sectors poised to announce results.</p>\n<p>While the Dow and S&amp;P hit new highs, the Nasdaq outperformed on the day, buoyed by gains in Tesla and PayPal, and the tech-heavy index stands less than 1% away from its Sept. 7 closing record.</p>\n<p>Tesla Inc jumped 12.66% to its own new high of $1,045.02 and breached $1 trillion in market capitalization, after car rental firm Hertz placed an order for 100,000 Tesla cars, while Morgan Stanley raised its price target on the stock to $1,200 from $900 per share.</p>\n<p>“Tesla, there is a lot of the chatter out there today and Hertz placing a big order has created some excitement,” said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York.</p>\n<p>Tesla, which has risen in nine of the past ten sessions and is up more than 28% for the month, provided the biggest boost to the S&amp;P 500 and the Nasdaq. Also helping to lift the two indexes was PayPal Inc, which gained 2.70% after the payments company scrapped plans to buy the digital pinboard site Pinterest Inc for as much as $45 billion. Shares of Pinterest slumped 12.71%.</p>\n<p>The Dow Jones Industrial Average rose 64.13 points, or 0.18%, to 35,741.15, the S&amp;P 500 gained 21.58 points, or 0.47%, to 4,566.48 and the Nasdaq Composite added 136.51 points, or 0.9%, to 15,226.71.</p>\n<p>U.S. President Joe Biden on Monday held out hope for an agreement on his major spending plans before attending a climate summit in Scotland, while the White House said Democratic negotiators were closing in on a deal.</p>\n<p>The majority of the 11 major S&amp;P sectors advanced, with energy and consumer discretionary shares the best performing, as energy names received a boost from another rise in oil prices to multiyear highs on tight supply.</p>\n<p>Shares of Facebook Inc were up 1.26% ahead of its quarterly results. Investor fears that like Snap Inc, the social media giant’s ad revenue could face the brunt of Apple Inc’s privacy changes appeared warranted as the social media company warned the rules would weigh on its digital business in the fourth quarter when it reported results after the closing bell. Its shares rose more&nbsp;than&nbsp;1% in extended trade in choppy trading.</p>\n<p>Other mega-cap names scheduled to report this week include Apple, Microsoft Corp and Google parent Alphabet Inc.</p>\n<p>This week, 165 components of the S&amp;P 500 are expected to post quarterly results, according to Refinitiv data. Analysts expect earnings at S&amp;P 500 companies to grow 34.8% year-on-year for the third quarter.</p>\n<p>Investors are also assessing how companies are navigating supply-chain bottlenecks, labor shortages and inflationary pressures to sustain growth. Of the 119 companies in the S&amp;P 500 that have reported earnings through Monday morning, 83.2% have topped analysts’ expectations.</p>\n<p>“We are obviously in the heart of earnings season here, and that is a lot of what is going on and earnings are coming in better than expected and there was real fear we would see some bad earnings reports because of supply-chain issues and reduced outlooks, again because of supply-chain issues. So far, so good,” said Ghriskey.</p>\n<p>Shares of Kimberley-Clark declined 2.20% after the Huggies diaper maker cut its 2021 profit outlook due to higher input cost inflation.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 1.91-to-1 ratio; on Nasdaq, a 1.76-to-1 ratio favored advancers.</p>\n<p>The S&amp;P 500 posted 78 new 52-week highs and 2 new lows; the Nasdaq Composite recorded 161 new highs and 87 new lows.</p>\n<p>Volume on U.S. exchanges was 10.89 billion shares, compared with the 10.41 billion average for the full session over the last 20 trading days.</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>Dow, S&P Close at Record Highs, Tesla Hits $1 Trillion Valuation</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\">\nDow, S&P Close at Record Highs, Tesla Hits $1 Trillion Valuation\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\">2021-10-26 07:02</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>NEW YORK (Reuters) - The Dow Industrials and S&amp;P 500 closed at record highs on Monday, as earnings season kicked in to high gear in one of the heaviest reporting weeks of the quarter with bellwethers in multiple sectors poised to announce results.</p>\n<p>While the Dow and S&amp;P hit new highs, the Nasdaq outperformed on the day, buoyed by gains in Tesla and PayPal, and the tech-heavy index stands less than 1% away from its Sept. 7 closing record.</p>\n<p>Tesla Inc jumped 12.66% to its own new high of $1,045.02 and breached $1 trillion in market capitalization, after car rental firm Hertz placed an order for 100,000 Tesla cars, while Morgan Stanley raised its price target on the stock to $1,200 from $900 per share.</p>\n<p>“Tesla, there is a lot of the chatter out there today and Hertz placing a big order has created some excitement,” said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York.</p>\n<p>Tesla, which has risen in nine of the past ten sessions and is up more than 28% for the month, provided the biggest boost to the S&amp;P 500 and the Nasdaq. Also helping to lift the two indexes was PayPal Inc, which gained 2.70% after the payments company scrapped plans to buy the digital pinboard site Pinterest Inc for as much as $45 billion. Shares of Pinterest slumped 12.71%.</p>\n<p>The Dow Jones Industrial Average rose 64.13 points, or 0.18%, to 35,741.15, the S&amp;P 500 gained 21.58 points, or 0.47%, to 4,566.48 and the Nasdaq Composite added 136.51 points, or 0.9%, to 15,226.71.</p>\n<p>U.S. President Joe Biden on Monday held out hope for an agreement on his major spending plans before attending a climate summit in Scotland, while the White House said Democratic negotiators were closing in on a deal.</p>\n<p>The majority of the 11 major S&amp;P sectors advanced, with energy and consumer discretionary shares the best performing, as energy names received a boost from another rise in oil prices to multiyear highs on tight supply.</p>\n<p>Shares of Facebook Inc were up 1.26% ahead of its quarterly results. Investor fears that like Snap Inc, the social media giant’s ad revenue could face the brunt of Apple Inc’s privacy changes appeared warranted as the social media company warned the rules would weigh on its digital business in the fourth quarter when it reported results after the closing bell. Its shares rose more&nbsp;than&nbsp;1% in extended trade in choppy trading.</p>\n<p>Other mega-cap names scheduled to report this week include Apple, Microsoft Corp and Google parent Alphabet Inc.</p>\n<p>This week, 165 components of the S&amp;P 500 are expected to post quarterly results, according to Refinitiv data. Analysts expect earnings at S&amp;P 500 companies to grow 34.8% year-on-year for the third quarter.</p>\n<p>Investors are also assessing how companies are navigating supply-chain bottlenecks, labor shortages and inflationary pressures to sustain growth. Of the 119 companies in the S&amp;P 500 that have reported earnings through Monday morning, 83.2% have topped analysts’ expectations.</p>\n<p>“We are obviously in the heart of earnings season here, and that is a lot of what is going on and earnings are coming in better than expected and there was real fear we would see some bad earnings reports because of supply-chain issues and reduced outlooks, again because of supply-chain issues. So far, so good,” said Ghriskey.</p>\n<p>Shares of Kimberley-Clark declined 2.20% after the Huggies diaper maker cut its 2021 profit outlook due to higher input cost inflation.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 1.91-to-1 ratio; on Nasdaq, a 1.76-to-1 ratio favored advancers.</p>\n<p>The S&amp;P 500 posted 78 new 52-week highs and 2 new lows; the Nasdaq Composite recorded 161 new highs and 87 new lows.</p>\n<p>Volume on U.S. exchanges was 10.89 billion shares, compared with the 10.41 billion average for the full session over the last 20 trading days.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯","TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1182426097","content_text":"NEW YORK (Reuters) - The Dow Industrials and S&P 500 closed at record highs on Monday, as earnings season kicked in to high gear in one of the heaviest reporting weeks of the quarter with bellwethers in multiple sectors poised to announce results.\nWhile the Dow and S&P hit new highs, the Nasdaq outperformed on the day, buoyed by gains in Tesla and PayPal, and the tech-heavy index stands less than 1% away from its Sept. 7 closing record.\nTesla Inc jumped 12.66% to its own new high of $1,045.02 and breached $1 trillion in market capitalization, after car rental firm Hertz placed an order for 100,000 Tesla cars, while Morgan Stanley raised its price target on the stock to $1,200 from $900 per share.\n“Tesla, there is a lot of the chatter out there today and Hertz placing a big order has created some excitement,” said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York.\nTesla, which has risen in nine of the past ten sessions and is up more than 28% for the month, provided the biggest boost to the S&P 500 and the Nasdaq. Also helping to lift the two indexes was PayPal Inc, which gained 2.70% after the payments company scrapped plans to buy the digital pinboard site Pinterest Inc for as much as $45 billion. Shares of Pinterest slumped 12.71%.\nThe Dow Jones Industrial Average rose 64.13 points, or 0.18%, to 35,741.15, the S&P 500 gained 21.58 points, or 0.47%, to 4,566.48 and the Nasdaq Composite added 136.51 points, or 0.9%, to 15,226.71.\nU.S. President Joe Biden on Monday held out hope for an agreement on his major spending plans before attending a climate summit in Scotland, while the White House said Democratic negotiators were closing in on a deal.\nThe majority of the 11 major S&P sectors advanced, with energy and consumer discretionary shares the best performing, as energy names received a boost from another rise in oil prices to multiyear highs on tight supply.\nShares of Facebook Inc were up 1.26% ahead of its quarterly results. Investor fears that like Snap Inc, the social media giant’s ad revenue could face the brunt of Apple Inc’s privacy changes appeared warranted as the social media company warned the rules would weigh on its digital business in the fourth quarter when it reported results after the closing bell. Its shares rose more than 1% in extended trade in choppy trading.\nOther mega-cap names scheduled to report this week include Apple, Microsoft Corp and Google parent Alphabet Inc.\nThis week, 165 components of the S&P 500 are expected to post quarterly results, according to Refinitiv data. Analysts expect earnings at S&P 500 companies to grow 34.8% year-on-year for the third quarter.\nInvestors are also assessing how companies are navigating supply-chain bottlenecks, labor shortages and inflationary pressures to sustain growth. Of the 119 companies in the S&P 500 that have reported earnings through Monday morning, 83.2% have topped analysts’ expectations.\n“We are obviously in the heart of earnings season here, and that is a lot of what is going on and earnings are coming in better than expected and there was real fear we would see some bad earnings reports because of supply-chain issues and reduced outlooks, again because of supply-chain issues. So far, so good,” said Ghriskey.\nShares of Kimberley-Clark declined 2.20% after the Huggies diaper maker cut its 2021 profit outlook due to higher input cost inflation.\nAdvancing issues outnumbered declining ones on the NYSE by a 1.91-to-1 ratio; on Nasdaq, a 1.76-to-1 ratio favored advancers.\nThe S&P 500 posted 78 new 52-week highs and 2 new lows; the Nasdaq Composite recorded 161 new highs and 87 new lows.\nVolume on U.S. exchanges was 10.89 billion shares, compared with the 10.41 billion average for the full session over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":277,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":853688307,"gmtCreate":1634800749734,"gmtModify":1634800750054,"author":{"id":"4090224668853230","authorId":"4090224668853230","name":"Laulau","avatar":"https://static.tigerbbs.com/c71a1a61f1c30d965eb400d29b5e0faa","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/853688307","repostId":"1114856613","repostType":4,"repost":{"id":"1114856613","pubTimestamp":1634799659,"share":"https://www.laohu8.com/m/news/1114856613?lang=&edition=full","pubTime":"2021-10-21 15:00","market":"us","language":"en","title":"Marathon Digital Stock: More Upside With A Breakout In Bitcoin","url":"https://stock-news.laohu8.com/highlight/detail?id=1114856613","media":"Seeking Alpha","summary":"Summary\n\nMarathon Digital Holdings is benefiting from the strong momentum in bitcoin approaching an ","content":"<p><b>Summary</b></p>\n<ul>\n <li>Marathon Digital Holdings is benefiting from the strong momentum in bitcoin approaching an all-time high.</li>\n <li>The company has reported strong bitcoin mining production growth which is expected to accelerate as it increases capacity.</li>\n <li>We are bullish on the stock which we believe can continue to outperform the price of bitcoin.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9d7bf6e4e906ea0634d29e16cfcb23d9\" tg-width=\"1536\" tg-height=\"1024\" referrerpolicy=\"no-referrer\"><span>24K-Production/iStock Editorial via Getty Images</span></p>\n<p>Marathon Digital Holdings Inc(NASDAQ:MARA)&nbsp;has achieved juggernaut status as the leading Bitcoin mining stock benefiting from the ongoing crypto bull market. Shares are up over 360% this year and there is a strong case for more upside. The key is to put aside any outdated misconceptions about the industry and recognize that the company is generating massive revenue growth with earnings set to ramp up. Indeed, with the price of Bitcoin climbing back above $60k, MARA's own all-time high of $58 set back in early April is again within reach. In many ways, the outlook for Bitcoin mining and the broader crypto space has never been more positive. We are bullish on MARA expect shares to continue outperforming through 2022, gaining momentum as it captures a higher valuation premium.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7ae131d9493e92d6449acd5fe4aae4a0\" tg-width=\"640\" tg-height=\"245\" referrerpolicy=\"no-referrer\"><span>Seeking Alpha</span></p>\n<p><b>MARA Strong Bitcoin Mining Growth</b></p>\n<p>The company provided a production update in early October with the headline of mining 1,252.4 Bitcoins in Q3, nearly double the 664.3 total mined in Q2. While the price of Bitcoin averaged around $42k in the quarter, the current market price of $60k implies a quarterly revenue run rate of $75 million that is expected to accelerate going forward as the company continues to expand its capacity. Marathon now holds 7,035 Bitcoin on its balance sheet with a value of over $422 million in addition to a separate cash position of $33 million.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d6280bcec6f8519e422b36b50f1ad702\" tg-width=\"640\" tg-height=\"292\" referrerpolicy=\"no-referrer\"><span>source: company IR</span></p>\n<p>From a reported 29,960 mining machines at the end of September and 2.7 EH/s in hash rate, the plan is to deploy a total of 133,000 miners by mid-2022 meaning the company's mining capacity will be 5x larger than its current level. Management noted some recent logistical issues have impacted shipping times to the company's facility in Hardin, Montana but reaffirmed its schedule of installations through next year.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a3dda9d658a8671363d36682b39de88f\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><span>source: company IR</span></p>\n<p>Assuming the entire fleet of miners was fully deployed right now, it is estimated Marathon would control around 8.4% of the global Bitcoin network based on the current network difficulty of around 158 EH/s compared to the current 2% as per the chart above. At 8.4%, Marathon could theoretically be mining close to 2,275 Bitcoins per month representing a market value of $137 million or $1.6 billion as an annualized run rate. These are the types of figures that help justify the company's current market cap near $5 billion.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f1a148065410a5daa0467a904f95e710\" tg-width=\"640\" tg-height=\"344\" referrerpolicy=\"no-referrer\"><span>source: company IR</span></p>\n<p>According to consensus estimates, the market is forecasting MARA 2021 revenue to reach $225 million along with positive EPS of $0.94 this year. Again, the real optimism is for next year as capacity and production ramps ups through the second half of 2022 with an estimate for revenue to approach $790 million and EPS of $4.16. Even considering the breathtaking rally in shares of MARA this year, we believe the current valuation metrics including a 1-year forward price to sales multiple of 6.2x and 12x P/E ratio on the 2022 consensus EPS are attractive. The reality is that there are few stocks in any sector generating this type of growth with a bullish outlook for Bitcoin.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0e6ee8bb568d2b57f5f9bee2201acb45\" tg-width=\"640\" tg-height=\"272\" referrerpolicy=\"no-referrer\"><span>Seeking Alpha</span></p>\n<p><b>Bullish on Bitcoin</b></p>\n<p>Compared to the \"crypto winter\" during the summer months when the price of Bitcoin briefly traded under $30k in what was a painful 50% correction, the sentiment has decisively turned positive. Our sense is that many of the long-term drivers for Bitcoin including the growing recognition at the institutional level of cryptocurrencies as an alternative asset class along with ongoing adoption for payments continue to represent fundamental tailwinds that can drive the price of Bitcoin higher.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b24b52a2b30b155f858d4c78704db52c\" tg-width=\"640\" tg-height=\"328\" referrerpolicy=\"no-referrer\"><span>source: company IR</span></p>\n<p>From a technical standpoint, the selloff likely helped to consolidate the multi-year gains in Bitcoin following a particularly strong 2020 which now establishes a stronger base of support for the next leg higher. While Bitcoin is still a few percentage points below its April all-time high of $65k, there are some good reasons to believe a breakout is on tap.</p>\n<p>First, reports are that a&nbsp;Bitcoin ETF&nbsp;linked to traded Bitcoin futures is set to begin trading this week through the ProShares Bitcoin Strategy ETF(NYSEARCA:BITO). The expectation is for many other Bitcoin exchange-traded products to be approved still this year which can be interpreted as an apparent stamp of approval by regulators that cryptocurrencies are here to stay. The potential that the new instruments funnel more capital into the space can directly drive the price of Bitcoin further.</p>\n<p>We have a year-ahead price target of $100,000 for Bitcoin (BTC-USD) which is about 60% higher than the current level. Our base case is that even with some expected volatility and pullbacks on profit-taking, the trend higher can be accelerated through Q4 with a repeat of the action from 2020. While the run in Bitcoin likely had some doubters in Q1 this year, its ability to brush aside the headwinds between concerns over environmental impacts and global regulation only helps reinforce the long-term outlook.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4fba484e07c8f9f005525cba220d0c34\" tg-width=\"640\" tg-height=\"267\" referrerpolicy=\"no-referrer\"><span>finviz.com</span></p>\n<p>The fund manager ARK Invest has published research suggesting a growing allocation by institutional investors towards Bitcoin could impact the price between $200,000 and $500,000 long term. The group believes just a 1% allocation towards Bitcoin by all groups of institutional investors would incrementally add $100,000 to the price of Bitcoin. We expect the wider availability of Bitcoin and crypto investment products to gradually become a staple of diversified portfolios for all investors. In the near term, in our view, the $100k price level will eventually act as a magnet for traders to target through momentum based on the psychological importance of the round number.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a9f6776e72cad8d908f9b9c270810e92\" tg-width=\"640\" tg-height=\"338\" referrerpolicy=\"no-referrer\"><span>source: Ark Invest</span></p>\n<p><b>MARA Stock Forecast</b></p>\n<p>As it relates to MARA, the higher the price of Bitcoin directly translates into higher revenue and earnings potential. We expect Bitcoin miners to outperform the crypto price to the upside based on the concept of operating leverage. Simply put, higher revenues can correspond to an even higher impact to operating income and earnings. Marathon's advantage is both its current scale with a leg up on other miners attempting to secure production capacity through next year. The company's low cost of electricity with an estimated production cost of $5,612 per Bitcoin highlights the profitability potential. MARA's efforts at sustainability with a plan to be 100% carbon neutral by the end of 2022 is a benchmark for the entire industry.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/16f2a439d461073969566bfb6372e5a1\" tg-width=\"640\" tg-height=\"338\" referrerpolicy=\"no-referrer\"><span>source: company IR</span></p>\n<p>To forecast how many Bitcoins and revenue MARA will be generating by this time next year, we need to consider not only the price of Bitcoin but also the Bitcoin network difficulty. It's understood that as more mining machines go online, the network hash rate will climb and thereby dilute each existing miners' share of the Bitcoin mining potential. Over the course of a year, 52,560 Bitcoin blocks are awarded by the network with each block representing 6.25 BTC. The 328,500 newly minted Bitcoin mined over the course of a year is the market potential MARA is attempting to capture.</p>\n<p>We mentioned the company's guidance for 13.3 EH/s represents about 8.4% of the current global hash rate. In reality, by the time the full fleet of mining machines is deployed, it's likely the network difficulty will be above 200 EH/s meaning the 8.4% share will be reduced down towards 6.7% or lower. There is a great deal of uncertainty as to how this rate will progress although the general consensus is that the network difficultly will trend higher. From the chart below, we can observe a large drop in the global hash rate in mid-2021 which coincided with Chinese miners going offline as mining was banned in the country. The other dynamic at play is that some of the oldest mining machines online currently go past their lifecycle and need to be replaced generating a regular turnover.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/22dda2e73253a8137117a0f57124b926\" tg-width=\"635\" tg-height=\"417\" referrerpolicy=\"no-referrer\"><span>Data by YCharts</span></p>\n<p>We are extrapolating how much Marathon's revenue run rate could be by the second half of next year when it fully deploys all announced mining machine purchases. For example, with a hash rate capacity of 13.3 EH/s by mid-2022, assuming a network difficultly level of 215 EH/s at that point, MARA would control 6.2% of the global hash rate and be able to mine approximately 1,693 Bitcoins in a single month. At the current market price of $60k, the monthly revenue would approach $102 million which is annualized to $1.219 billion. By this measure, we can state that shares of MARA are trading at a forward price to sales multiple of 4.3x based on its expected annualized revenue run rate by next year against the current market cap for the stock at $5.2 billion.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a9a91df4ee0c4ed3b80e6e4733b6247d\" tg-width=\"640\" tg-height=\"414\" referrerpolicy=\"no-referrer\"><span>source: author estimates</span></p>\n<p>In our view, MARA is undervalued at its current level in the context of the Bitcoin pricing environment and growth outlook. A forward P/S multiple closer to 5x would better reflect an appropriate growth premium and the company's positive outlook in our opinion. By this measure, at a constant BTC price of $60k and an outlook for the hash rate to trend towards 215 EH/s, we believe MARA should be valued closer to $61.50 as a near-term price target.</p>\n<p>Going a step further, with an outlook for Bitcoin to potentially reach $100k by next year, we see shares of MARA trending towards $100. From the table above, the Bitcoin market price of $100k at a 215 EH/s hash rate for next year implies MARA is currently trading at a forward P/S of 2.6x. The stock would need to climb at least 92% from the current level to maintain the valuation parity of 5x based on our model.</p>\n<p><b>The Big Picture</b></p>\n<p>The Bitcoin mining industry continues to mature with more and more investors beginning to recognize the intrinsic value the leading stocks are generating. Marathon Digital as a U.S.-based leader remains one of the most exciting companies in the segment in the middle of a transformative year. We are encouraged by the recent operating and financial results and expect the company to continue executing successfully. We rate shares of MARA as a buy with a bullish price target of $100 per share in a scenario where Bitcoin trends towards $100k.</p>\n<p>Longer-term, the company's scale and growing balance sheet Bitcoin position will offer it more flexibility to expand into related crypto services while adding to its mining capacity. For the upcoming quarters, the Q3 earnings report will provide an opportunity to take a look at the cost structure as production accelerates. Monitoring points include the monthly updates while it will be important for the company to remain on schedule with the mining machines deliveries and deployments.</p>\n<p>It goes without saying that the main risk here continues to be the price of Bitcoin. While we are bullish, shares are of MARA will be highly sensitive to the cryptocurrency market price. A selloff in BTC under $50k would likely drive some renewed bearish sentiment and higher volatility. The regulatory landscape also remains uncertain. Efforts by some U.S. states to limit Bitcoin mining along with environmental impact concerns can generate headlines that pressure the segment lower. For 2022, we believe the market will begin to look more closely at earnings and cash flows beyond the high-level themes and momentum.</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>Marathon Digital Stock: More Upside With A Breakout In Bitcoin</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\">\nMarathon Digital Stock: More Upside With A Breakout In Bitcoin\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-21 15:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4460632-marathon-digital-more-upside-with-breakout-in-bitcoin><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nMarathon Digital Holdings is benefiting from the strong momentum in bitcoin approaching an all-time high.\nThe company has reported strong bitcoin mining production growth which is expected to...</p>\n\n<a href=\"https://seekingalpha.com/article/4460632-marathon-digital-more-upside-with-breakout-in-bitcoin\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/e3cdd0b2f46028be0fdb985c3d97141c","relate_stocks":{"MARA":"Marathon Digital Holdings Inc"},"source_url":"https://seekingalpha.com/article/4460632-marathon-digital-more-upside-with-breakout-in-bitcoin","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1114856613","content_text":"Summary\n\nMarathon Digital Holdings is benefiting from the strong momentum in bitcoin approaching an all-time high.\nThe company has reported strong bitcoin mining production growth which is expected to accelerate as it increases capacity.\nWe are bullish on the stock which we believe can continue to outperform the price of bitcoin.\n\n24K-Production/iStock Editorial via Getty Images\nMarathon Digital Holdings Inc(NASDAQ:MARA) has achieved juggernaut status as the leading Bitcoin mining stock benefiting from the ongoing crypto bull market. Shares are up over 360% this year and there is a strong case for more upside. The key is to put aside any outdated misconceptions about the industry and recognize that the company is generating massive revenue growth with earnings set to ramp up. Indeed, with the price of Bitcoin climbing back above $60k, MARA's own all-time high of $58 set back in early April is again within reach. In many ways, the outlook for Bitcoin mining and the broader crypto space has never been more positive. We are bullish on MARA expect shares to continue outperforming through 2022, gaining momentum as it captures a higher valuation premium.\nSeeking Alpha\nMARA Strong Bitcoin Mining Growth\nThe company provided a production update in early October with the headline of mining 1,252.4 Bitcoins in Q3, nearly double the 664.3 total mined in Q2. While the price of Bitcoin averaged around $42k in the quarter, the current market price of $60k implies a quarterly revenue run rate of $75 million that is expected to accelerate going forward as the company continues to expand its capacity. Marathon now holds 7,035 Bitcoin on its balance sheet with a value of over $422 million in addition to a separate cash position of $33 million.\nsource: company IR\nFrom a reported 29,960 mining machines at the end of September and 2.7 EH/s in hash rate, the plan is to deploy a total of 133,000 miners by mid-2022 meaning the company's mining capacity will be 5x larger than its current level. Management noted some recent logistical issues have impacted shipping times to the company's facility in Hardin, Montana but reaffirmed its schedule of installations through next year.\nsource: company IR\nAssuming the entire fleet of miners was fully deployed right now, it is estimated Marathon would control around 8.4% of the global Bitcoin network based on the current network difficulty of around 158 EH/s compared to the current 2% as per the chart above. At 8.4%, Marathon could theoretically be mining close to 2,275 Bitcoins per month representing a market value of $137 million or $1.6 billion as an annualized run rate. These are the types of figures that help justify the company's current market cap near $5 billion.\nsource: company IR\nAccording to consensus estimates, the market is forecasting MARA 2021 revenue to reach $225 million along with positive EPS of $0.94 this year. Again, the real optimism is for next year as capacity and production ramps ups through the second half of 2022 with an estimate for revenue to approach $790 million and EPS of $4.16. Even considering the breathtaking rally in shares of MARA this year, we believe the current valuation metrics including a 1-year forward price to sales multiple of 6.2x and 12x P/E ratio on the 2022 consensus EPS are attractive. The reality is that there are few stocks in any sector generating this type of growth with a bullish outlook for Bitcoin.\nSeeking Alpha\nBullish on Bitcoin\nCompared to the \"crypto winter\" during the summer months when the price of Bitcoin briefly traded under $30k in what was a painful 50% correction, the sentiment has decisively turned positive. Our sense is that many of the long-term drivers for Bitcoin including the growing recognition at the institutional level of cryptocurrencies as an alternative asset class along with ongoing adoption for payments continue to represent fundamental tailwinds that can drive the price of Bitcoin higher.\nsource: company IR\nFrom a technical standpoint, the selloff likely helped to consolidate the multi-year gains in Bitcoin following a particularly strong 2020 which now establishes a stronger base of support for the next leg higher. While Bitcoin is still a few percentage points below its April all-time high of $65k, there are some good reasons to believe a breakout is on tap.\nFirst, reports are that a Bitcoin ETF linked to traded Bitcoin futures is set to begin trading this week through the ProShares Bitcoin Strategy ETF(NYSEARCA:BITO). The expectation is for many other Bitcoin exchange-traded products to be approved still this year which can be interpreted as an apparent stamp of approval by regulators that cryptocurrencies are here to stay. The potential that the new instruments funnel more capital into the space can directly drive the price of Bitcoin further.\nWe have a year-ahead price target of $100,000 for Bitcoin (BTC-USD) which is about 60% higher than the current level. Our base case is that even with some expected volatility and pullbacks on profit-taking, the trend higher can be accelerated through Q4 with a repeat of the action from 2020. While the run in Bitcoin likely had some doubters in Q1 this year, its ability to brush aside the headwinds between concerns over environmental impacts and global regulation only helps reinforce the long-term outlook.\nfinviz.com\nThe fund manager ARK Invest has published research suggesting a growing allocation by institutional investors towards Bitcoin could impact the price between $200,000 and $500,000 long term. The group believes just a 1% allocation towards Bitcoin by all groups of institutional investors would incrementally add $100,000 to the price of Bitcoin. We expect the wider availability of Bitcoin and crypto investment products to gradually become a staple of diversified portfolios for all investors. In the near term, in our view, the $100k price level will eventually act as a magnet for traders to target through momentum based on the psychological importance of the round number.\nsource: Ark Invest\nMARA Stock Forecast\nAs it relates to MARA, the higher the price of Bitcoin directly translates into higher revenue and earnings potential. We expect Bitcoin miners to outperform the crypto price to the upside based on the concept of operating leverage. Simply put, higher revenues can correspond to an even higher impact to operating income and earnings. Marathon's advantage is both its current scale with a leg up on other miners attempting to secure production capacity through next year. The company's low cost of electricity with an estimated production cost of $5,612 per Bitcoin highlights the profitability potential. MARA's efforts at sustainability with a plan to be 100% carbon neutral by the end of 2022 is a benchmark for the entire industry.\nsource: company IR\nTo forecast how many Bitcoins and revenue MARA will be generating by this time next year, we need to consider not only the price of Bitcoin but also the Bitcoin network difficulty. It's understood that as more mining machines go online, the network hash rate will climb and thereby dilute each existing miners' share of the Bitcoin mining potential. Over the course of a year, 52,560 Bitcoin blocks are awarded by the network with each block representing 6.25 BTC. The 328,500 newly minted Bitcoin mined over the course of a year is the market potential MARA is attempting to capture.\nWe mentioned the company's guidance for 13.3 EH/s represents about 8.4% of the current global hash rate. In reality, by the time the full fleet of mining machines is deployed, it's likely the network difficulty will be above 200 EH/s meaning the 8.4% share will be reduced down towards 6.7% or lower. There is a great deal of uncertainty as to how this rate will progress although the general consensus is that the network difficultly will trend higher. From the chart below, we can observe a large drop in the global hash rate in mid-2021 which coincided with Chinese miners going offline as mining was banned in the country. The other dynamic at play is that some of the oldest mining machines online currently go past their lifecycle and need to be replaced generating a regular turnover.\nData by YCharts\nWe are extrapolating how much Marathon's revenue run rate could be by the second half of next year when it fully deploys all announced mining machine purchases. For example, with a hash rate capacity of 13.3 EH/s by mid-2022, assuming a network difficultly level of 215 EH/s at that point, MARA would control 6.2% of the global hash rate and be able to mine approximately 1,693 Bitcoins in a single month. At the current market price of $60k, the monthly revenue would approach $102 million which is annualized to $1.219 billion. By this measure, we can state that shares of MARA are trading at a forward price to sales multiple of 4.3x based on its expected annualized revenue run rate by next year against the current market cap for the stock at $5.2 billion.\nsource: author estimates\nIn our view, MARA is undervalued at its current level in the context of the Bitcoin pricing environment and growth outlook. A forward P/S multiple closer to 5x would better reflect an appropriate growth premium and the company's positive outlook in our opinion. By this measure, at a constant BTC price of $60k and an outlook for the hash rate to trend towards 215 EH/s, we believe MARA should be valued closer to $61.50 as a near-term price target.\nGoing a step further, with an outlook for Bitcoin to potentially reach $100k by next year, we see shares of MARA trending towards $100. From the table above, the Bitcoin market price of $100k at a 215 EH/s hash rate for next year implies MARA is currently trading at a forward P/S of 2.6x. The stock would need to climb at least 92% from the current level to maintain the valuation parity of 5x based on our model.\nThe Big Picture\nThe Bitcoin mining industry continues to mature with more and more investors beginning to recognize the intrinsic value the leading stocks are generating. Marathon Digital as a U.S.-based leader remains one of the most exciting companies in the segment in the middle of a transformative year. We are encouraged by the recent operating and financial results and expect the company to continue executing successfully. We rate shares of MARA as a buy with a bullish price target of $100 per share in a scenario where Bitcoin trends towards $100k.\nLonger-term, the company's scale and growing balance sheet Bitcoin position will offer it more flexibility to expand into related crypto services while adding to its mining capacity. For the upcoming quarters, the Q3 earnings report will provide an opportunity to take a look at the cost structure as production accelerates. Monitoring points include the monthly updates while it will be important for the company to remain on schedule with the mining machines deliveries and deployments.\nIt goes without saying that the main risk here continues to be the price of Bitcoin. While we are bullish, shares are of MARA will be highly sensitive to the cryptocurrency market price. A selloff in BTC under $50k would likely drive some renewed bearish sentiment and higher volatility. The regulatory landscape also remains uncertain. Efforts by some U.S. states to limit Bitcoin mining along with environmental impact concerns can generate headlines that pressure the segment lower. For 2022, we believe the market will begin to look more closely at earnings and cash flows beyond the high-level themes and momentum.","news_type":1},"isVote":1,"tweetType":1,"viewCount":314,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":857223916,"gmtCreate":1635532126423,"gmtModify":1635532126543,"author":{"id":"4090224668853230","authorId":"4090224668853230","name":"Laulau","avatar":"https://static.tigerbbs.com/c71a1a61f1c30d965eb400d29b5e0faa","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"[难过]&nbsp;","listText":"[难过]&nbsp;","text":"[难过]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/857223916","repostId":"850756569","repostType":1,"repost":{"id":850756569,"gmtCreate":1634631211448,"gmtModify":1635853120757,"author":{"id":"36984908995200","authorId":"36984908995200","name":"小虎活动","avatar":"https://static.tigerbbs.com/4f487d6799e86204e80dfde72e6040c0","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"title":"[Halloween Game] Trade or Treat!","htmlText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","listText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","text":"Hello, dear Tigers! Happy Halloween! 🎃🎃🎃 Tap here to play the Halloween game, and you stand a chance to win various rewards! Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1. How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'. 2. How to collect points? Each player has 30 seconds to catch falling candies while av","images":[],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/850756569","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":282,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":857229100,"gmtCreate":1635531807177,"gmtModify":1635531807298,"author":{"id":"4090224668853230","authorId":"4090224668853230","name":"Laulau","avatar":"https://static.tigerbbs.com/c71a1a61f1c30d965eb400d29b5e0faa","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/857229100","repostId":"850756569","repostType":1,"repost":{"id":850756569,"gmtCreate":1634631211448,"gmtModify":1635853120757,"author":{"id":"36984908995200","authorId":"36984908995200","name":"小虎活动","avatar":"https://static.tigerbbs.com/4f487d6799e86204e80dfde72e6040c0","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"title":"[Halloween Game] Trade or Treat!","htmlText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","listText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","text":"Hello, dear Tigers! Happy Halloween! 🎃🎃🎃 Tap here to play the Halloween game, and you stand a chance to win various rewards! Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1. How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'. 2. How to collect points? Each player has 30 seconds to catch falling candies while av","images":[],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/850756569","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":429,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}