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Xiaobaibaix
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2021-12-05
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PayPal says 'buy now, pay later' volumes surged 400% on Black Friday
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2021-12-05
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Anytime now before commercialisation heheh
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up up up uppp
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Why This Number in Moderna's Earnings Report Isn't as Bad as It Looks
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href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>T.T","listText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>T.T","text":"$NIO Inc.(NIO)$T.T","images":[{"img":"https://static.tigerbbs.com/b8033e935565eeaa33a3ee3e016e3460","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/690182448","isVote":1,"tweetType":1,"viewCount":846,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":608132492,"gmtCreate":1638663232869,"gmtModify":1638663233004,"author":{"id":"4090835245062940","authorId":"4090835245062940","name":"Xiaobaibaix","avatar":"https://static.tigerbbs.com/19263ccc92eb63259fac52b84116dbc7","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090835245062940","authorIdStr":"4090835245062940"},"themes":[],"htmlText":"Goooo paypall","listText":"Goooo paypall","text":"Goooo paypall","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/608132492","repostId":"2188291935","repostType":4,"repost":{"id":"2188291935","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":1638544685,"share":"https://www.laohu8.com/m/news/2188291935?lang=&edition=full","pubTime":"2021-12-03 23:18","market":"us","language":"en","title":"PayPal says 'buy now, pay later' volumes surged 400% on Black Friday","url":"https://stock-news.laohu8.com/highlight/detail?id=2188291935","media":"Reuters","summary":"LONDON (Reuters) - Volumes on PayPal Inc's 'buy now, pay later' platform were five times higher this","content":"<p>LONDON (Reuters) - Volumes on <a href=\"https://laohu8.com/S/PYPL\">PayPal</a> Inc's 'buy now, pay later' platform were five times higher this Black Friday compared with a year earlier as the payments giant starts to gain traction in the fast-growing credit method, the company's chief executive told the Reuters Next conference.</p>\n<p>PayPal launched its \"Buy in 4\" platform in August last year, making its entry into the increasingly competitive lending niche.</p>\n<p>\"We saw a 400% year-on-year rise on our volumes going through 'buy now, pay later' this past Black Friday,\" PayPal CEO Dan Schulman said. \"It’s booming right now.\" He added that more than 9 million people have used its service.</p>\n<p>Black Friday is the unofficial shopping holiday in late November on the day after the U.S. Thanksgiving holiday.</p>\n<p>\"We had more than 1 million first-time users for the first time ever in the month of November,\" Schulman said. \"It's not just popular but accelerating in popularity.\"</p>\n<p>Buy now, pay later (BNPL) services have exploded in popularity in tandem with the acceleration in e-commerce volumes during the pandemic. However, they have drawn scrutiny from regulators over concerns it will lead to higher indebtedness, especially among younger consumers.</p>\n<p>In September, a survey said a third of U.S. consumers who used \"buy now, pay later\" services have fallen behind on <a href=\"https://laohu8.com/S/AONE.U\">one</a> or more payments.</p>\n<p>Schulman said the scale of PayPal's customer base meant they could offer the service responsibly.</p>\n<p>\"We have 400 million-plus people on our platform. We know consumers and we know merchants and we know when someone can responsibly borrow,\" Schulman said.</p>\n<p>\"We have one of the highest approval rates and one of the lowest default rates in the industry\".</p>\n<p>Schulman declined to comment on PayPal's interest in Pinterest Inc after reports last month https://www.reuters.com/technology/paypal-says-is-not-pursuing-acquisition-pinterest-2021-10-25 that it had considered buying the social media platform for $45 billion, in what would have been one of the largest tech deals in history.</p>\n<p>However, he said with $20 billion of cash-like equivalents on the company's balance sheet, it was open to big and small deals.</p>\n<p>\"When I think about M&A or I think about the strategy of PayPal, I try to think expansively about where is the world going. Not just where the world was but where it is going,\" he said.</p>\n<p>\"We have the wherewithal to be acquisitive, no doubt we will be acquisitive and we will look at both small and larger acquisitions but we have very strict capital allocation requirements.\"</p>\n<p>He said deals of interest would be in areas that would play in to the interconnection of payments, consumer financial services and shopping tools.</p>\n<p><b>CRYPTO TO FINANCIAL PLUMBING</b></p>\n<p>Last year, PayPal became one of the first major mainstream financial companies to embrace cryptocurrencies, when it enabled customers to buy, sell and hold certain digital coins in its wallet, triggering a rally in bitcoin.</p>\n<p>However, Schulman said enabling people to buy and hold cryptocurrencies is perhaps \"the least interesting\" part of crypto to him, compared with working on the development of other forms of digital money and central bank digital currencies (CBDCs).</p>\n<p>\"There's a lot of fascination when bitcoin hit $100k or is worth $25k or whatever but it will be what it will be,\" he said.</p>\n<p>\"But what's really interesting to me is can crypto or digital forms of currency add incremental utility to payments - things like programmable money, things like NFTs (non-fungible tokens), things like some Defi (decentralised finance) applications.\"</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>PayPal says 'buy now, pay later' volumes surged 400% on Black Friday</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\">\nPayPal says 'buy now, pay later' volumes surged 400% on Black Friday\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\">2021-12-03 23:18</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>LONDON (Reuters) - Volumes on <a href=\"https://laohu8.com/S/PYPL\">PayPal</a> Inc's 'buy now, pay later' platform were five times higher this Black Friday compared with a year earlier as the payments giant starts to gain traction in the fast-growing credit method, the company's chief executive told the Reuters Next conference.</p>\n<p>PayPal launched its \"Buy in 4\" platform in August last year, making its entry into the increasingly competitive lending niche.</p>\n<p>\"We saw a 400% year-on-year rise on our volumes going through 'buy now, pay later' this past Black Friday,\" PayPal CEO Dan Schulman said. \"It’s booming right now.\" He added that more than 9 million people have used its service.</p>\n<p>Black Friday is the unofficial shopping holiday in late November on the day after the U.S. Thanksgiving holiday.</p>\n<p>\"We had more than 1 million first-time users for the first time ever in the month of November,\" Schulman said. \"It's not just popular but accelerating in popularity.\"</p>\n<p>Buy now, pay later (BNPL) services have exploded in popularity in tandem with the acceleration in e-commerce volumes during the pandemic. However, they have drawn scrutiny from regulators over concerns it will lead to higher indebtedness, especially among younger consumers.</p>\n<p>In September, a survey said a third of U.S. consumers who used \"buy now, pay later\" services have fallen behind on <a href=\"https://laohu8.com/S/AONE.U\">one</a> or more payments.</p>\n<p>Schulman said the scale of PayPal's customer base meant they could offer the service responsibly.</p>\n<p>\"We have 400 million-plus people on our platform. We know consumers and we know merchants and we know when someone can responsibly borrow,\" Schulman said.</p>\n<p>\"We have one of the highest approval rates and one of the lowest default rates in the industry\".</p>\n<p>Schulman declined to comment on PayPal's interest in Pinterest Inc after reports last month https://www.reuters.com/technology/paypal-says-is-not-pursuing-acquisition-pinterest-2021-10-25 that it had considered buying the social media platform for $45 billion, in what would have been one of the largest tech deals in history.</p>\n<p>However, he said with $20 billion of cash-like equivalents on the company's balance sheet, it was open to big and small deals.</p>\n<p>\"When I think about M&A or I think about the strategy of PayPal, I try to think expansively about where is the world going. Not just where the world was but where it is going,\" he said.</p>\n<p>\"We have the wherewithal to be acquisitive, no doubt we will be acquisitive and we will look at both small and larger acquisitions but we have very strict capital allocation requirements.\"</p>\n<p>He said deals of interest would be in areas that would play in to the interconnection of payments, consumer financial services and shopping tools.</p>\n<p><b>CRYPTO TO FINANCIAL PLUMBING</b></p>\n<p>Last year, PayPal became one of the first major mainstream financial companies to embrace cryptocurrencies, when it enabled customers to buy, sell and hold certain digital coins in its wallet, triggering a rally in bitcoin.</p>\n<p>However, Schulman said enabling people to buy and hold cryptocurrencies is perhaps \"the least interesting\" part of crypto to him, compared with working on the development of other forms of digital money and central bank digital currencies (CBDCs).</p>\n<p>\"There's a lot of fascination when bitcoin hit $100k or is worth $25k or whatever but it will be what it will be,\" he said.</p>\n<p>\"But what's really interesting to me is can crypto or digital forms of currency add incremental utility to payments - things like programmable money, things like NFTs (non-fungible tokens), things like some Defi (decentralised finance) applications.\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4527":"明星科技股","BK4534":"瑞士信贷持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4554":"元宇宙及AR概念","BK4566":"资本集团","BK4106":"数据处理与外包服务","BK4551":"寇图资本持仓","PYPL":"PayPal","BK4524":"宅经济概念","BK4535":"淡马锡持仓"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2188291935","content_text":"LONDON (Reuters) - Volumes on PayPal Inc's 'buy now, pay later' platform were five times higher this Black Friday compared with a year earlier as the payments giant starts to gain traction in the fast-growing credit method, the company's chief executive told the Reuters Next conference.\nPayPal launched its \"Buy in 4\" platform in August last year, making its entry into the increasingly competitive lending niche.\n\"We saw a 400% year-on-year rise on our volumes going through 'buy now, pay later' this past Black Friday,\" PayPal CEO Dan Schulman said. \"It’s booming right now.\" He added that more than 9 million people have used its service.\nBlack Friday is the unofficial shopping holiday in late November on the day after the U.S. Thanksgiving holiday.\n\"We had more than 1 million first-time users for the first time ever in the month of November,\" Schulman said. \"It's not just popular but accelerating in popularity.\"\nBuy now, pay later (BNPL) services have exploded in popularity in tandem with the acceleration in e-commerce volumes during the pandemic. However, they have drawn scrutiny from regulators over concerns it will lead to higher indebtedness, especially among younger consumers.\nIn September, a survey said a third of U.S. consumers who used \"buy now, pay later\" services have fallen behind on one or more payments.\nSchulman said the scale of PayPal's customer base meant they could offer the service responsibly.\n\"We have 400 million-plus people on our platform. We know consumers and we know merchants and we know when someone can responsibly borrow,\" Schulman said.\n\"We have one of the highest approval rates and one of the lowest default rates in the industry\".\nSchulman declined to comment on PayPal's interest in Pinterest Inc after reports last month https://www.reuters.com/technology/paypal-says-is-not-pursuing-acquisition-pinterest-2021-10-25 that it had considered buying the social media platform for $45 billion, in what would have been one of the largest tech deals in history.\nHowever, he said with $20 billion of cash-like equivalents on the company's balance sheet, it was open to big and small deals.\n\"When I think about M&A or I think about the strategy of PayPal, I try to think expansively about where is the world going. Not just where the world was but where it is going,\" he said.\n\"We have the wherewithal to be acquisitive, no doubt we will be acquisitive and we will look at both small and larger acquisitions but we have very strict capital allocation requirements.\"\nHe said deals of interest would be in areas that would play in to the interconnection of payments, consumer financial services and shopping tools.\nCRYPTO TO FINANCIAL PLUMBING\nLast year, PayPal became one of the first major mainstream financial companies to embrace cryptocurrencies, when it enabled customers to buy, sell and hold certain digital coins in its wallet, triggering a rally in bitcoin.\nHowever, Schulman said enabling people to buy and hold cryptocurrencies is perhaps \"the least interesting\" part of crypto to him, compared with working on the development of other forms of digital money and central bank digital currencies (CBDCs).\n\"There's a lot of fascination when bitcoin hit $100k or is worth $25k or whatever but it will be what it will be,\" he said.\n\"But what's really interesting to me is can crypto or digital forms of currency add incremental utility to payments - things like programmable money, things like NFTs (non-fungible tokens), things like some Defi (decentralised finance) applications.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":1024,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":608132153,"gmtCreate":1638663082634,"gmtModify":1638663082813,"author":{"id":"4090835245062940","authorId":"4090835245062940","name":"Xiaobaibaix","avatar":"https://static.tigerbbs.com/19263ccc92eb63259fac52b84116dbc7","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090835245062940","authorIdStr":"4090835245062940"},"themes":[],"htmlText":"HODL HODL","listText":"HODL HODL","text":"HODL 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Inc.(XPEV)$Gogogogo stay strongg weee","images":[{"img":"https://static.tigerbbs.com/f36303f75744ba217be2f1033780f6e0","width":"1080","height":"2424"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/844322266","isVote":1,"tweetType":1,"viewCount":215,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":844322627,"gmtCreate":1636391821991,"gmtModify":1636391822430,"author":{"id":"4090835245062940","authorId":"4090835245062940","name":"Xiaobaibaix","avatar":"https://static.tigerbbs.com/19263ccc92eb63259fac52b84116dbc7","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090835245062940","authorIdStr":"4090835245062940"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>yayyy","listText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>yayyy","text":"$NIO Inc.(NIO)$yayyy","images":[{"img":"https://static.tigerbbs.com/4e5ce7e2a50aac1a6ba708dc98843416","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/844322627","isVote":1,"tweetType":1,"viewCount":228,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":845997555,"gmtCreate":1636260790358,"gmtModify":1636260790754,"author":{"id":"4090835245062940","authorId":"4090835245062940","name":"Xiaobaibaix","avatar":"https://static.tigerbbs.com/19263ccc92eb63259fac52b84116dbc7","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090835245062940","authorIdStr":"4090835245062940"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PFE\">$Pfizer(PFE)$</a>Goooo pfizerr","listText":"<a href=\"https://laohu8.com/S/PFE\">$Pfizer(PFE)$</a>Goooo pfizerr","text":"$Pfizer(PFE)$Goooo pfizerr","images":[{"img":"https://static.tigerbbs.com/24621c85a455abd57e17e185d1054c80","width":"1080","height":"2424"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/845997555","isVote":1,"tweetType":1,"viewCount":405,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":845997205,"gmtCreate":1636260710556,"gmtModify":1636260711009,"author":{"id":"4090835245062940","authorId":"4090835245062940","name":"Xiaobaibaix","avatar":"https://static.tigerbbs.com/19263ccc92eb63259fac52b84116dbc7","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090835245062940","authorIdStr":"4090835245062940"},"themes":[],"htmlText":"GOOOO MODERNAAA","listText":"GOOOO MODERNAAA","text":"GOOOO MODERNAAA","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/845997205","repostId":"2181742244","repostType":4,"repost":{"id":"2181742244","pubTimestamp":1636200360,"share":"https://www.laohu8.com/m/news/2181742244?lang=&edition=full","pubTime":"2021-11-06 20:06","market":"us","language":"en","title":"Why This Number in Moderna's Earnings Report Isn't as Bad as It Looks","url":"https://stock-news.laohu8.com/highlight/detail?id=2181742244","media":"Motley Fool","summary":"It's all about timing.","content":"<p>Vaccine giant <b>Moderna</b> (NASDAQ:MRNA) had been spoiling us. We'd gotten used to quarter after quarter of excellent news. And then, in the third-quarter earnings report this week, Moderna cut its 2021 vaccine revenue forecast. Moderna said it now predicts $15 billion to $18 billion in coronavirus vaccine revenue this year. That means revenue may be as much as $5 billion lower than expected.</p>\n<p>As a result, the shares sank 32% in two trading sessions. All of this sounds pretty grim. But, in fact, the situation isn't as bad as it looks. The $5 billion in revenue actually isn't lost. Let's take a closer look at why the market reaction was overdone -- and why the future still looks bright for this biotech company.</p>\n<h2>The earlier forecast</h2>\n<p>First, a little background. In Moderna's previous earnings report, the company forecast $20 billion in coronavirus vaccine sales for 2021. This is according to advance purchase agreements with various governments -- and the company's ability to deliver those particular orders this year.</p>\n<p>Fast forward to this week's earnings report. As mentioned above, Moderna predicted a lower number. But that isn't because Moderna lost orders or sales. The biotech still will bring in the full $20 billion. But part of it will come in a bit later. There are two reasons for this.</p>\n<p>First, Moderna is deferring the delivery of some vaccine doses to higher-income countries to early 2022. It's doing this so that it can prioritize doses to lower- and middle-income countries. And these countries pay lower prices. By delivering doses to the African Union and the COVAX initiative for equitable vaccine distribution instead of countries that pay more, Moderna will generate lower revenue in the coming weeks.</p>\n<p>Second, Moderna is shipping more doses internationally than it did earlier in the year. International shipping adds more time to the whole process of getting doses from factories to people's arms. Moderna expects to speed up the process once delivery to certain countries becomes routine. In the meantime, shipping abroad is slowing things down. And that means some deliveries meant for the fourth quarter instead will arrive in early 2022. As a result, Moderna will record sales from those orders in 2022 instead of 2021.</p>\n<h2>What does this mean for investors?</h2>\n<p>Right now, it's more important than ever to look at Moderna through a long-term lens. From quarter to quarter, vaccine deliveries -- and revenue -- may ebb and flow. And as we see here, this sort of movement has nothing to do with overall demand for the vaccine. In many cases, logistics can determine whether a delivery arrives in <a href=\"https://laohu8.com/S/AONE.U\">one</a> quarter or the next.</p>\n<p>Instead, we should look at the level of advance purchase orders for the coming year -- and how Moderna plans to evolve its coronavirus vaccine program in a post-pandemic world. Right now, Moderna has signed $17 billion in advance purchase agreements. These involve upfront payments so they are pretty secure. Moderna also has options for about $3 billion. That puts next year at about the same level as this year.</p>\n<p>Beyond that point, it's too early to predict exactly how much coronavirus vaccine or booster revenue will represent for Moderna. But it could remain significant. Experts say the coronavirus is here to stay. That means countries will need to stock up on vaccines or boosters for at least part of their populations. And Moderna is moving forward with exciting projects for a post-pandemic world. I'm thinking of its strain-specific booster candidates and a combined flu/coronavirus/allergies candidate.</p>\n<p>So, Moderna's change in this year's revenue guidance doesn't change my long-term outlook for the company. Instead, I see it as a reminder not to panic -- and to focus on the big picture over time.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why This Number in Moderna's Earnings Report Isn't as Bad as It Looks</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\">\nWhy This Number in Moderna's Earnings Report Isn't as Bad as It Looks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-06 20:06 GMT+8 <a href=https://www.fool.com/investing/2021/11/06/why-this-number-in-modernas-earnings-isnt-bad/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Vaccine giant Moderna (NASDAQ:MRNA) had been spoiling us. We'd gotten used to quarter after quarter of excellent news. And then, in the third-quarter earnings report this week, Moderna cut its 2021 ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/11/06/why-this-number-in-modernas-earnings-isnt-bad/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MRNA":"Moderna, Inc."},"source_url":"https://www.fool.com/investing/2021/11/06/why-this-number-in-modernas-earnings-isnt-bad/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2181742244","content_text":"Vaccine giant Moderna (NASDAQ:MRNA) had been spoiling us. We'd gotten used to quarter after quarter of excellent news. And then, in the third-quarter earnings report this week, Moderna cut its 2021 vaccine revenue forecast. Moderna said it now predicts $15 billion to $18 billion in coronavirus vaccine revenue this year. That means revenue may be as much as $5 billion lower than expected.\nAs a result, the shares sank 32% in two trading sessions. All of this sounds pretty grim. But, in fact, the situation isn't as bad as it looks. The $5 billion in revenue actually isn't lost. Let's take a closer look at why the market reaction was overdone -- and why the future still looks bright for this biotech company.\nThe earlier forecast\nFirst, a little background. In Moderna's previous earnings report, the company forecast $20 billion in coronavirus vaccine sales for 2021. This is according to advance purchase agreements with various governments -- and the company's ability to deliver those particular orders this year.\nFast forward to this week's earnings report. As mentioned above, Moderna predicted a lower number. But that isn't because Moderna lost orders or sales. The biotech still will bring in the full $20 billion. But part of it will come in a bit later. There are two reasons for this.\nFirst, Moderna is deferring the delivery of some vaccine doses to higher-income countries to early 2022. It's doing this so that it can prioritize doses to lower- and middle-income countries. And these countries pay lower prices. By delivering doses to the African Union and the COVAX initiative for equitable vaccine distribution instead of countries that pay more, Moderna will generate lower revenue in the coming weeks.\nSecond, Moderna is shipping more doses internationally than it did earlier in the year. International shipping adds more time to the whole process of getting doses from factories to people's arms. Moderna expects to speed up the process once delivery to certain countries becomes routine. In the meantime, shipping abroad is slowing things down. And that means some deliveries meant for the fourth quarter instead will arrive in early 2022. As a result, Moderna will record sales from those orders in 2022 instead of 2021.\nWhat does this mean for investors?\nRight now, it's more important than ever to look at Moderna through a long-term lens. From quarter to quarter, vaccine deliveries -- and revenue -- may ebb and flow. And as we see here, this sort of movement has nothing to do with overall demand for the vaccine. In many cases, logistics can determine whether a delivery arrives in one quarter or the next.\nInstead, we should look at the level of advance purchase orders for the coming year -- and how Moderna plans to evolve its coronavirus vaccine program in a post-pandemic world. Right now, Moderna has signed $17 billion in advance purchase agreements. These involve upfront payments so they are pretty secure. Moderna also has options for about $3 billion. That puts next year at about the same level as this year.\nBeyond that point, it's too early to predict exactly how much coronavirus vaccine or booster revenue will represent for Moderna. But it could remain significant. Experts say the coronavirus is here to stay. That means countries will need to stock up on vaccines or boosters for at least part of their populations. And Moderna is moving forward with exciting projects for a post-pandemic world. I'm thinking of its strain-specific booster candidates and a combined flu/coronavirus/allergies candidate.\nSo, Moderna's change in this year's revenue guidance doesn't change my long-term outlook for the company. Instead, I see it as a reminder not to panic -- and to focus on the big picture over time.","news_type":1},"isVote":1,"tweetType":1,"viewCount":482,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":842858048,"gmtCreate":1636164287206,"gmtModify":1636164287588,"author":{"id":"4090835245062940","authorId":"4090835245062940","name":"Xiaobaibaix","avatar":"https://static.tigerbbs.com/19263ccc92eb63259fac52b84116dbc7","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090835245062940","authorIdStr":"4090835245062940"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/INTC\">$Intel(INTC)$</a>lets gooo intel","listText":"<a href=\"https://laohu8.com/S/INTC\">$Intel(INTC)$</a>lets gooo intel","text":"$Intel(INTC)$lets gooo intel","images":[{"img":"https://static.tigerbbs.com/518a03aa54101673510103f5045f3278","width":"1080","height":"2424"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/842858048","isVote":1,"tweetType":1,"viewCount":323,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":842851476,"gmtCreate":1636164268515,"gmtModify":1636164268900,"author":{"id":"4090835245062940","authorId":"4090835245062940","name":"Xiaobaibaix","avatar":"https://static.tigerbbs.com/19263ccc92eb63259fac52b84116dbc7","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090835245062940","authorIdStr":"4090835245062940"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PFE\">$Pfizer(PFE)$</a>Hehehehe","listText":"<a href=\"https://laohu8.com/S/PFE\">$Pfizer(PFE)$</a>Hehehehe","text":"$Pfizer(PFE)$Hehehehe","images":[{"img":"https://static.tigerbbs.com/3565ebf5e1e91b210cef6195082c44d4","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/842851476","isVote":1,"tweetType":1,"viewCount":380,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":846202388,"gmtCreate":1636082823690,"gmtModify":1636082823855,"author":{"id":"4090835245062940","authorId":"4090835245062940","name":"Xiaobaibaix","avatar":"https://static.tigerbbs.com/19263ccc92eb63259fac52b84116dbc7","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090835245062940","authorIdStr":"4090835245062940"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/INTC\">$Intel(INTC)$</a>Gooo intel hehehe","listText":"<a href=\"https://laohu8.com/S/INTC\">$Intel(INTC)$</a>Gooo intel hehehe","text":"$Intel(INTC)$Gooo intel hehehe","images":[{"img":"https://static.tigerbbs.com/25c83e8a0e69733f53f34b6469f7d6e9","width":"1080","height":"2424"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/846202388","isVote":1,"tweetType":1,"viewCount":233,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0}],"hots":[{"id":814832031,"gmtCreate":1630804762323,"gmtModify":1631892570371,"author":{"id":"4090835245062940","authorId":"4090835245062940","name":"Xiaobaibaix","avatar":"https://static.tigerbbs.com/19263ccc92eb63259fac52b84116dbc7","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090835245062940","authorIdStr":"4090835245062940"},"themes":[],"htmlText":"More jobs for everyone !!! ","listText":"More jobs for everyone !!! ","text":"More jobs for everyone !!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/814832031","repostId":"1186003479","repostType":4,"isVote":1,"tweetType":1,"viewCount":23,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":866195453,"gmtCreate":1632744886672,"gmtModify":1632798172461,"author":{"id":"4090835245062940","authorId":"4090835245062940","name":"Xiaobaibaix","avatar":"https://static.tigerbbs.com/19263ccc92eb63259fac52b84116dbc7","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090835245062940","authorIdStr":"4090835245062940"},"themes":[],"htmlText":"Exxonmobill weee","listText":"Exxonmobill weee","text":"Exxonmobill weee","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/866195453","repostId":"1125374890","repostType":4,"repost":{"id":"1125374890","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":1632744172,"share":"https://www.laohu8.com/m/news/1125374890?lang=&edition=full","pubTime":"2021-09-27 20:02","market":"us","language":"en","title":"Toplines Before US Market Open on Monday","url":"https://stock-news.laohu8.com/highlight/detail?id=1125374890","media":"Tiger Newspress","summary":"Futures tracking the Dow and the S&P 500 index edged lower on Monday, as investors pivoted towards e","content":"<p>Futures tracking the Dow and the S&P 500 index edged lower on Monday, as investors pivoted towards economically sensitive sectors, with focus turning towards upcoming economic readings and ongoing talks over increased government spending.</p>\n<p>At 8:00 a.m. ET, Dow e-minis were up 80 points, or 0.23%, S&P 500 e-minis were down 3 points, or 0.07%, and Nasdaq 100 e-minis were down 82 points, or 0.54%.</p>\n<p><img src=\"https://static.tigerbbs.com/e4dd720e715d3a3b5dbc5f98f96311fd\" tg-width=\"1080\" tg-height=\"390\" width=\"100%\" height=\"auto\"></p>\n<p>Oil majors Exxon Mobil and Chevron Corp rose 1.8% and 1.7% in premarket trade, respectively, tracking crude prices, while big lenders including JPMorgan, Citigroup, Morgan Stanley and Bank of America Corp gained about 0.8%.</p>\n<p>Investors will now watch for a raft of economic indicators, including durable goods orders and the ISM manufacturing index this week to gauge the pace of the recovery, as well as bipartisan talks over raising the $28.4 trillion debt ceiling.</p>\n<p>The U.S. Congress faces a Sept. 30 deadline to prevent the second partial government shutdown in three years, while a vote on the $1 trillion bipartisan infrastructure bill is scheduled for Thursday.</p>\n<p><b>Stocks making the biggest moves in the premarket:</b></p>\n<p><b>Alphabet</b><b>(GOOGL) </b>– Alphabet’s Google unit will cut the commissions it collects on third-party software sales in its Cloud Marketplace. That’s according to a person familiar with the matter who spoke to CNBC, who said Google will now collect just 3% of sales compared to the prior 20%.</p>\n<p><b>Tesla</b><b>(TSLA) </b>– Tesla rolled out a software update that allows customers to request access to its Full Self-Driving beta software. Access will be granted to Tesla drivers who get a sufficiently high safety score.</p>\n<p><b>Gores Guggenheim</b><b>(GGPI)</b> – The special purpose acquisition company will take electric car maker Polestar public through a merger, at a valuation of $20 billion including debt. Polestar is controlled by car maker Volvo and its parent Zhejiang Geely Holding Group. Gores rose 3.5% in premarket trading.</p>\n<p><b>Acceleron Pharma</b><b>(XLRN) </b>– Acceleron is in talks to be acquired by an unidentified large pharmaceutical company for about $180 per share, according to people familiar with the matter who spoke to Bloomberg.Bristol-Myers Squibb(BMY) is considered one potential candidate, as it already owns an 11.5% stake in Acceleron.</p>\n<p><b>Box(BOX) </b>– Box was upgraded to “market outperform” from “market perform” at JMP Securities, which cited the cloud computing company’s execution among other factors. Box added 2% in the premarket.</p>\n<p><b>Altice USA(ATUS)</b> – The broadband and video company was downgraded to “neutral” from “outperform” at Credit Suisse, which notes the likely short-term negative impact from an aggressive fiber buildout strategy. Altice USA slid 1.6% in premarket action.</p>\n<p><b>Toyota Motor(TM)</b> – The automaker’s shares rose 1.3% in the premarket after the company said it had completed a 25.8 million share buyback.</p>\n<p><b>Best Buy(BBY)</b> – The electronics retailer was named a “top idea” at Piper Sandler, which is enthusiastic about the upcoming rollout of Best Buy’s new “Best Buy Total Tech” membership program.</p>\n<p><b>Gannett(GCI) </b>– The USA Today publisher said it was seeking to refinance up to $550 million in senior secured debt. Gannett said its plan was subject to market conditions and that there is no assurance it will be able to execute the refinancing.</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 Monday</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\">\n Toplines Before US Market Open on Monday\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\">2021-09-27 20:02</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Futures tracking the Dow and the S&P 500 index edged lower on Monday, as investors pivoted towards economically sensitive sectors, with focus turning towards upcoming economic readings and ongoing talks over increased government spending.</p>\n<p>At 8:00 a.m. ET, Dow e-minis were up 80 points, or 0.23%, S&P 500 e-minis were down 3 points, or 0.07%, and Nasdaq 100 e-minis were down 82 points, or 0.54%.</p>\n<p><img src=\"https://static.tigerbbs.com/e4dd720e715d3a3b5dbc5f98f96311fd\" tg-width=\"1080\" tg-height=\"390\" width=\"100%\" height=\"auto\"></p>\n<p>Oil majors Exxon Mobil and Chevron Corp rose 1.8% and 1.7% in premarket trade, respectively, tracking crude prices, while big lenders including JPMorgan, Citigroup, Morgan Stanley and Bank of America Corp gained about 0.8%.</p>\n<p>Investors will now watch for a raft of economic indicators, including durable goods orders and the ISM manufacturing index this week to gauge the pace of the recovery, as well as bipartisan talks over raising the $28.4 trillion debt ceiling.</p>\n<p>The U.S. Congress faces a Sept. 30 deadline to prevent the second partial government shutdown in three years, while a vote on the $1 trillion bipartisan infrastructure bill is scheduled for Thursday.</p>\n<p><b>Stocks making the biggest moves in the premarket:</b></p>\n<p><b>Alphabet</b><b>(GOOGL) </b>– Alphabet’s Google unit will cut the commissions it collects on third-party software sales in its Cloud Marketplace. That’s according to a person familiar with the matter who spoke to CNBC, who said Google will now collect just 3% of sales compared to the prior 20%.</p>\n<p><b>Tesla</b><b>(TSLA) </b>– Tesla rolled out a software update that allows customers to request access to its Full Self-Driving beta software. Access will be granted to Tesla drivers who get a sufficiently high safety score.</p>\n<p><b>Gores Guggenheim</b><b>(GGPI)</b> – The special purpose acquisition company will take electric car maker Polestar public through a merger, at a valuation of $20 billion including debt. Polestar is controlled by car maker Volvo and its parent Zhejiang Geely Holding Group. Gores rose 3.5% in premarket trading.</p>\n<p><b>Acceleron Pharma</b><b>(XLRN) </b>– Acceleron is in talks to be acquired by an unidentified large pharmaceutical company for about $180 per share, according to people familiar with the matter who spoke to Bloomberg.Bristol-Myers Squibb(BMY) is considered one potential candidate, as it already owns an 11.5% stake in Acceleron.</p>\n<p><b>Box(BOX) </b>– Box was upgraded to “market outperform” from “market perform” at JMP Securities, which cited the cloud computing company’s execution among other factors. Box added 2% in the premarket.</p>\n<p><b>Altice USA(ATUS)</b> – The broadband and video company was downgraded to “neutral” from “outperform” at Credit Suisse, which notes the likely short-term negative impact from an aggressive fiber buildout strategy. Altice USA slid 1.6% in premarket action.</p>\n<p><b>Toyota Motor(TM)</b> – The automaker’s shares rose 1.3% in the premarket after the company said it had completed a 25.8 million share buyback.</p>\n<p><b>Best Buy(BBY)</b> – The electronics retailer was named a “top idea” at Piper Sandler, which is enthusiastic about the upcoming rollout of Best Buy’s new “Best Buy Total Tech” membership program.</p>\n<p><b>Gannett(GCI) </b>– The USA Today publisher said it was seeking to refinance up to $550 million in senior secured debt. Gannett said its plan was subject to market conditions and that there is no assurance it will be able to execute the refinancing.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BOX":"Box Inc",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite","TSLA":"特斯拉","GOOGL":"谷歌A","GOOG":"谷歌","GCI":"甘尼特",".DJI":"道琼斯","XLRN":"Acceleron Pharma Inc.","XOM":"埃克森美孚","CVX":"雪佛龙","ATUS":"Altice USA Inc.","TM":"丰田汽车","BBY":"百思买"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1125374890","content_text":"Futures tracking the Dow and the S&P 500 index edged lower on Monday, as investors pivoted towards economically sensitive sectors, with focus turning towards upcoming economic readings and ongoing talks over increased government spending.\nAt 8:00 a.m. ET, Dow e-minis were up 80 points, or 0.23%, S&P 500 e-minis were down 3 points, or 0.07%, and Nasdaq 100 e-minis were down 82 points, or 0.54%.\n\nOil majors Exxon Mobil and Chevron Corp rose 1.8% and 1.7% in premarket trade, respectively, tracking crude prices, while big lenders including JPMorgan, Citigroup, Morgan Stanley and Bank of America Corp gained about 0.8%.\nInvestors will now watch for a raft of economic indicators, including durable goods orders and the ISM manufacturing index this week to gauge the pace of the recovery, as well as bipartisan talks over raising the $28.4 trillion debt ceiling.\nThe U.S. Congress faces a Sept. 30 deadline to prevent the second partial government shutdown in three years, while a vote on the $1 trillion bipartisan infrastructure bill is scheduled for Thursday.\nStocks making the biggest moves in the premarket:\nAlphabet(GOOGL) – Alphabet’s Google unit will cut the commissions it collects on third-party software sales in its Cloud Marketplace. That’s according to a person familiar with the matter who spoke to CNBC, who said Google will now collect just 3% of sales compared to the prior 20%.\nTesla(TSLA) – Tesla rolled out a software update that allows customers to request access to its Full Self-Driving beta software. Access will be granted to Tesla drivers who get a sufficiently high safety score.\nGores Guggenheim(GGPI) – The special purpose acquisition company will take electric car maker Polestar public through a merger, at a valuation of $20 billion including debt. Polestar is controlled by car maker Volvo and its parent Zhejiang Geely Holding Group. Gores rose 3.5% in premarket trading.\nAcceleron Pharma(XLRN) – Acceleron is in talks to be acquired by an unidentified large pharmaceutical company for about $180 per share, according to people familiar with the matter who spoke to Bloomberg.Bristol-Myers Squibb(BMY) is considered one potential candidate, as it already owns an 11.5% stake in Acceleron.\nBox(BOX) – Box was upgraded to “market outperform” from “market perform” at JMP Securities, which cited the cloud computing company’s execution among other factors. Box added 2% in the premarket.\nAltice USA(ATUS) – The broadband and video company was downgraded to “neutral” from “outperform” at Credit Suisse, which notes the likely short-term negative impact from an aggressive fiber buildout strategy. Altice USA slid 1.6% in premarket action.\nToyota Motor(TM) – The automaker’s shares rose 1.3% in the premarket after the company said it had completed a 25.8 million share buyback.\nBest Buy(BBY) – The electronics retailer was named a “top idea” at Piper Sandler, which is enthusiastic about the upcoming rollout of Best Buy’s new “Best Buy Total Tech” membership program.\nGannett(GCI) – The USA Today publisher said it was seeking to refinance up to $550 million in senior secured debt. Gannett said its plan was subject to market conditions and that there is no assurance it will be able to execute the refinancing.","news_type":1},"isVote":1,"tweetType":1,"viewCount":68,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":815490531,"gmtCreate":1630711020723,"gmtModify":1631892570377,"author":{"id":"4090835245062940","authorId":"4090835245062940","name":"Xiaobaibaix","avatar":"https://static.tigerbbs.com/19263ccc92eb63259fac52b84116dbc7","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090835245062940","authorIdStr":"4090835245062940"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>its gonna get better right?","listText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>its gonna get better right?","text":"$NIO Inc.(NIO)$its gonna get better right?","images":[{"img":"https://static.tigerbbs.com/c0f078870c5ecb3604c1c08437f7c0fd","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/815490531","isVote":1,"tweetType":1,"viewCount":314,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":867293478,"gmtCreate":1633267888650,"gmtModify":1633267889080,"author":{"id":"4090835245062940","authorId":"4090835245062940","name":"Xiaobaibaix","avatar":"https://static.tigerbbs.com/19263ccc92eb63259fac52b84116dbc7","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090835245062940","authorIdStr":"4090835245062940"},"themes":[],"htmlText":"Teslaaaa gooo","listText":"Teslaaaa gooo","text":"Teslaaaa gooo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/867293478","repostId":"1195986801","repostType":4,"repost":{"id":"1195986801","pubTimestamp":1633237941,"share":"https://www.laohu8.com/m/news/1195986801?lang=&edition=full","pubTime":"2021-10-03 13:12","market":"us","language":"en","title":"Why Tesla's Q3 Numbers Are 'Eye Popping' and Hard to Poke Holes In","url":"https://stock-news.laohu8.com/highlight/detail?id=1195986801","media":"Benzinga","summary":"Tesla, Inc. reported Saturday record quarterly deliveries despite the surrounding turbulence. An analyst at Wedbush Securities sees the performance as \"massive.\". The Tesla Analyst:Daniel Ives maintained an Outperform rating and $1,000 price target for Tesla shares.The Tesla Thesis:Tesla's third-quarter deliveries of 241,000 beat even the bull-case whisper number on the Street, analyst Ives said in a note. The strength, the analyst said, was driven byrobust Model 3/Y salesof 232, 000.Total produ","content":"<p><b>Tesla, Inc.</b> reported Saturday record quarterly deliveries despite the surrounding turbulence. An analyst at Wedbush Securities sees the performance as \"massive.\"</p>\n<p><b>The Tesla Analyst:</b>Daniel Ives maintained an Outperform rating and $1,000 price target for Tesla shares.</p>\n<p><b>The Tesla Thesis:</b>Tesla's third-quarter deliveries of 241,000 beat even the bull-case whisper number on the Street, analyst Ives said in a note. The strength, the analyst said, was driven byrobust Model 3/Y salesof 232, 000.</p>\n<p>Total production in the quarter was 238,000, about 10,000 ahead of Wedbush's and Street estimates, the analyst said.</p>\n<p>\"Taking a step back, with the chip shortage a major overhang on the auto space and logistical issues globally, these delivery numbers were \"eye-popping\" and speak to an EV demand trajectory that looks quite robust for Tesla heading into 4Q and 2022,\" Ives wrote in the note.</p>\n<p>Wedbush's estimate of 150,000 deliveries for September, according to the analyst, is a clear indicator of the green tidal wave taking hold for Tesla across the board. China demand may have rebounded in the quarter and will be a focus for the bulls digesting these results, he added.</p>\n<p>\"In a nutshell, these numbers are hard to poke holes in and will be a major feather in the cap for the bulls on Monday morning and should improve broader sentiment on the EV space as a whole,\" Wedbush said.</p>\n<p><b>Tesla Price Action:</b>Tesla shares closed Friday's session down 0.03% at $775.22 and were down an incremental 0.03% in after-hours trading.</p>","source":"lsy1606299360108","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>Why Tesla's Q3 Numbers Are 'Eye Popping' and Hard to Poke Holes In</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\">\nWhy Tesla's Q3 Numbers Are 'Eye Popping' and Hard to Poke Holes In\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-03 13:12 GMT+8 <a href=https://www.benzinga.com/analyst-ratings/analyst-color/21/10/23207870/why-teslas-q3-numbers-are-eye-popping-and-hard-to-poke-holes-in><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla, Inc. reported Saturday record quarterly deliveries despite the surrounding turbulence. An analyst at Wedbush Securities sees the performance as \"massive.\"\nThe Tesla Analyst:Daniel Ives ...</p>\n\n<a href=\"https://www.benzinga.com/analyst-ratings/analyst-color/21/10/23207870/why-teslas-q3-numbers-are-eye-popping-and-hard-to-poke-holes-in\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.benzinga.com/analyst-ratings/analyst-color/21/10/23207870/why-teslas-q3-numbers-are-eye-popping-and-hard-to-poke-holes-in","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1195986801","content_text":"Tesla, Inc. reported Saturday record quarterly deliveries despite the surrounding turbulence. An analyst at Wedbush Securities sees the performance as \"massive.\"\nThe Tesla Analyst:Daniel Ives maintained an Outperform rating and $1,000 price target for Tesla shares.\nThe Tesla Thesis:Tesla's third-quarter deliveries of 241,000 beat even the bull-case whisper number on the Street, analyst Ives said in a note. The strength, the analyst said, was driven byrobust Model 3/Y salesof 232, 000.\nTotal production in the quarter was 238,000, about 10,000 ahead of Wedbush's and Street estimates, the analyst said.\n\"Taking a step back, with the chip shortage a major overhang on the auto space and logistical issues globally, these delivery numbers were \"eye-popping\" and speak to an EV demand trajectory that looks quite robust for Tesla heading into 4Q and 2022,\" Ives wrote in the note.\nWedbush's estimate of 150,000 deliveries for September, according to the analyst, is a clear indicator of the green tidal wave taking hold for Tesla across the board. China demand may have rebounded in the quarter and will be a focus for the bulls digesting these results, he added.\n\"In a nutshell, these numbers are hard to poke holes in and will be a major feather in the cap for the bulls on Monday morning and should improve broader sentiment on the EV space as a whole,\" Wedbush said.\nTesla Price Action:Tesla shares closed Friday's session down 0.03% at $775.22 and were down an incremental 0.03% in after-hours trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":90,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":863870599,"gmtCreate":1632378794211,"gmtModify":1632800789643,"author":{"id":"4090835245062940","authorId":"4090835245062940","name":"Xiaobaibaix","avatar":"https://static.tigerbbs.com/19263ccc92eb63259fac52b84116dbc7","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090835245062940","authorIdStr":"4090835245062940"},"themes":[],"htmlText":"Gg","listText":"Gg","text":"Gg","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/863870599","repostId":"2169577876","repostType":4,"repost":{"id":"2169577876","pubTimestamp":1632378712,"share":"https://www.laohu8.com/m/news/2169577876?lang=&edition=full","pubTime":"2021-09-23 14:31","market":"us","language":"en","title":"The stock market would plunge 33% if the government defaults: Moody's","url":"https://stock-news.laohu8.com/highlight/detail?id=2169577876","media":"Yahoo Finance","summary":"President Joe Biden very often cites research from Moody's when he is trying to make a point on the ","content":"<p>President Joe Biden very often cites research from Moody's when he is trying to make a point on the U.S. economy.</p>\n<p>He should use the latest from Moody's Mark Zandi to emphasize any point being made to fellow politicians on both sides of the aisle on the need to get a debt ceiling deal done ASAP.</p>\n<p>\"Shutting the government down would not be an immediate hit to the economy, but a default would be a catastrophic blow to the nascent economic recovery from the COVID-19 pandemic,\" said Zandi, the widely followed chief economist of Moody's — who rose to fame for prescient calls before and during the Great Recession — in a new piece of research.</p>\n<p>The blow from a default on our debt due to lawmakers not extending the debt ceiling would be particularly acute to investors in the stock market, according to Zandi.</p>\n<p>\"Stock prices would be cut almost in <a href=\"https://laohu8.com/S/AONE.U\">one</a>-third at the worst of the sell-off, wiping out $15 trillion in household wealth. Treasury yields, mortgage rates, and other consumer and corporate borrowing rates spike, at least until the debt limit is resolved and Treasury payments resume. Even then, rates never fall back to where they were previously. Since U.S. Treasury securities no longer would be risk free, future generations of Americans would pay a steep economic price,\" said Zandi, referring to the potential fallout in asset markets.</p>\n<p><img src=\"https://static.tigerbbs.com/c2b5e8cf7bd50ad09af17efee9c3bb97\" tg-width=\"716\" tg-height=\"362\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\">Consumer confidence is waning as debt ceiling concerns begin to inch higher.Moody's</p>\n<p>In large part, the stock market pressure would reflect the major economic blow dealt from the debt default.</p>\n<p>Explains Zandi, \"The hit to consumer, business and investor confidence would be severe. If the impasse over the debt limit lasts through all of November, the Treasury will have no choice but to eliminate a cash deficit of approximately $200 billion by slashing government spending. Annualized, this is equal to more than 10% of GDP. The economic blow would be devastating.\"</p>\n<p>Zandi's dire predictions come on the heels of Treasury Secretary Janet Yellen warning of \"catastrophe\" if the debt ceiling debate isn't settled.</p>\n<p>\"The U.S. has never defaulted. Not once. Doing so would likely precipitate a historic financial crisis that would compound the damage of the continuing public health emergency. Default could trigger a spike in interest rates, a steep drop in stock prices and other financial turmoil. Our current economic recovery would reverse into recession, with billions of dollars of growth and millions of jobs lost,\" Yellen said in an op-ed in The Wall Street Journal.</p>\n<p>As it stands, lawmakers remain locked in a contentious battle on the issue.</p>\n<p>On Tuesday, the Democrat-led House passed a short-term government funding bill that maintains funding through Dec. 3. It also includes a provision to suspend the debt limit through Dec. 16, 2022.</p>\n<p>But, the bill is likely to die on the floor of the Republican-controlled Senate.</p>","source":"yahoofinance_au","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>The stock market would plunge 33% if the government defaults: Moody's</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\">\nThe stock market would plunge 33% if the government defaults: Moody's\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-23 14:31 GMT+8 <a href=https://finance.yahoo.com/news/the-stock-market-would-plunge-33-if-the-government-defaults-moodys-183852033.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>President Joe Biden very often cites research from Moody's when he is trying to make a point on the U.S. economy.\nHe should use the latest from Moody's Mark Zandi to emphasize any point being made to ...</p>\n\n<a href=\"https://finance.yahoo.com/news/the-stock-market-would-plunge-33-if-the-government-defaults-moodys-183852033.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://finance.yahoo.com/news/the-stock-market-would-plunge-33-if-the-government-defaults-moodys-183852033.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2169577876","content_text":"President Joe Biden very often cites research from Moody's when he is trying to make a point on the U.S. economy.\nHe should use the latest from Moody's Mark Zandi to emphasize any point being made to fellow politicians on both sides of the aisle on the need to get a debt ceiling deal done ASAP.\n\"Shutting the government down would not be an immediate hit to the economy, but a default would be a catastrophic blow to the nascent economic recovery from the COVID-19 pandemic,\" said Zandi, the widely followed chief economist of Moody's — who rose to fame for prescient calls before and during the Great Recession — in a new piece of research.\nThe blow from a default on our debt due to lawmakers not extending the debt ceiling would be particularly acute to investors in the stock market, according to Zandi.\n\"Stock prices would be cut almost in one-third at the worst of the sell-off, wiping out $15 trillion in household wealth. Treasury yields, mortgage rates, and other consumer and corporate borrowing rates spike, at least until the debt limit is resolved and Treasury payments resume. Even then, rates never fall back to where they were previously. Since U.S. Treasury securities no longer would be risk free, future generations of Americans would pay a steep economic price,\" said Zandi, referring to the potential fallout in asset markets.\nConsumer confidence is waning as debt ceiling concerns begin to inch higher.Moody's\nIn large part, the stock market pressure would reflect the major economic blow dealt from the debt default.\nExplains Zandi, \"The hit to consumer, business and investor confidence would be severe. If the impasse over the debt limit lasts through all of November, the Treasury will have no choice but to eliminate a cash deficit of approximately $200 billion by slashing government spending. Annualized, this is equal to more than 10% of GDP. The economic blow would be devastating.\"\nZandi's dire predictions come on the heels of Treasury Secretary Janet Yellen warning of \"catastrophe\" if the debt ceiling debate isn't settled.\n\"The U.S. has never defaulted. Not once. Doing so would likely precipitate a historic financial crisis that would compound the damage of the continuing public health emergency. Default could trigger a spike in interest rates, a steep drop in stock prices and other financial turmoil. Our current economic recovery would reverse into recession, with billions of dollars of growth and millions of jobs lost,\" Yellen said in an op-ed in The Wall Street Journal.\nAs it stands, lawmakers remain locked in a contentious battle on the issue.\nOn Tuesday, the Democrat-led House passed a short-term government funding bill that maintains funding through Dec. 3. It also includes a provision to suspend the debt limit through Dec. 16, 2022.\nBut, the bill is likely to die on the floor of the Republican-controlled Senate.","news_type":1},"isVote":1,"tweetType":1,"viewCount":28,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":881132791,"gmtCreate":1631315796413,"gmtModify":1631883903058,"author":{"id":"4090835245062940","authorId":"4090835245062940","name":"Xiaobaibaix","avatar":"https://static.tigerbbs.com/19263ccc92eb63259fac52b84116dbc7","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090835245062940","authorIdStr":"4090835245062940"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PFE\">$Pfizer(PFE)$</a>Hodl hodl hodl","listText":"<a href=\"https://laohu8.com/S/PFE\">$Pfizer(PFE)$</a>Hodl hodl hodl","text":"$Pfizer(PFE)$Hodl hodl hodl","images":[{"img":"https://static.tigerbbs.com/beebab21d63663fa86e43917680a4181","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/881132791","isVote":1,"tweetType":1,"viewCount":171,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":817471322,"gmtCreate":1630984173366,"gmtModify":1631890078421,"author":{"id":"4090835245062940","authorId":"4090835245062940","name":"Xiaobaibaix","avatar":"https://static.tigerbbs.com/19263ccc92eb63259fac52b84116dbc7","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090835245062940","authorIdStr":"4090835245062940"},"themes":[],"htmlText":"Wew ! Go cryptos ! hehe","listText":"Wew ! Go cryptos ! hehe","text":"Wew ! Go cryptos ! hehe","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/817471322","repostId":"1155654239","repostType":4,"repost":{"id":"1155654239","pubTimestamp":1630981384,"share":"https://www.laohu8.com/m/news/1155654239?lang=&edition=full","pubTime":"2021-09-07 10:23","market":"us","language":"en","title":"Bitcoin Faces Biggest Test as El Salvador Makes It Legal Tender","url":"https://stock-news.laohu8.com/highlight/detail?id=1155654239","media":"Bloomberg","summary":"Country buys 400 Bitcoins worth $20 million ahead of roll-out\nPoll shows Salvadorans remain skeptica","content":"<ul>\n <li>Country buys 400 Bitcoins worth $20 million ahead of roll-out</li>\n <li>Poll shows Salvadorans remain skeptical about the plan</li>\n</ul>\n<p>Bitcoin is undergoing the biggest test in its 12-year history as El Salvador becomes the first country to adopt it as legal tender Tuesday.</p>\n<p>Both enthusiasts and detractors of crytocurrencies will be monitoring the experiment to see if a significant number of people want to transact with Bitcoin when it circulates alongside the U.S. dollar, and whether it brings any benefits to the violent, impoverished Central American nation.</p>\n<p>The country bought 400 bitcoins ahead of the roll-out, with a market value of about $20 million at current prices. The country plans to buy “a lot more” of them, President Nayib Bukele said via Twitter, after buying the first batch of 200.</p>\n<p><img src=\"https://static.tigerbbs.com/28a9c70dddbb4338aaefe769ed235802\" tg-width=\"751\" tg-height=\"438\" width=\"100%\" height=\"auto\"></p>\n<p>If the experiment is a success, other countries may follow El Salvador’s lead. Its adoption will get an initial boost from the government’s Bitcoin wallet Chivo, which comes pre-loaded with $30 worth of the currency for users who register with a Salvadoran national ID number.</p>\n<p>Businesses will be required to accept Bitcoin in exchange for goods and services and the government will accept it for tax payments. The plan is the brainchild of El Salvador’s 40-year old president, who says it will draw more people into the financial system and make it cheaper to send remittances.</p>\n<p>“This is brave new world stuff,” said Garrick Hileman, head of research for the Miami-based Blockchain.com. “We are in unchartered waters with this launch, but I’m glad to see this experiment happen overall, and I think we’ll learn a lot from it.”</p>\n<p><b>Bitcoin ATMs</b></p>\n<p>Bukele’s administration has installed 200 Bitcoin ATMs around the country that can be used to exchange the cryptocurrency for U.S. dollars. The Finance Ministry created a $150 million fund at state-run bank Banco de Desarrollo de la Republica de El Salvador, Bandesal, to back the transactions.</p>\n<p>The dollar will remain the national currency for public accounting purposes and merchants who are technologically unable to receive the e-currency will be exempt from the law, the government has said.</p>\n<p>El Salvador’s dollarized economy is heavily reliant on remittances sent home by migrants overseas, which totalled $6 billion last year and account for roughly a fifth of gross domestic product. Bukele says Bitcoin could save Salvadorans $400 million a year in fees for these transactions.</p>\n<p><b>Public Skepticism</b></p>\n<p>While Bukele himself enjoys approval ratings of more than 80%, a poll last week by El Salvador’s Universidad Centroamericana Jose Simeon Canas found his Bitcoin law is widely unpopular. Two-thirds of respondents said the law should be repealed while more than 70% said they prefer to use U.S. dollars instead.</p>\n<p><img src=\"https://static.tigerbbs.com/d73133307328fe388190c61b412aa03e\" tg-width=\"1200\" tg-height=\"675\" width=\"100%\" height=\"auto\"></p>\n<p>The International Monetary Fund warned of the risks of using Bitcoin, which lost nearly half its value from April to May, and the World Bank declined a request from El Salvador’s government to help the government adopt it, citing environmental and transparency drawbacks. The Bitcoin news also helped trigger a selloff of El Salvador’s dollar bonds, though they have since pared losses.</p>\n<p>“Crypto is sexy but untested and complicated especially for a country like El Salvador,” Stifel Nicolaus & Co. managing director Nathalie Marshik said. “It’s extremely risky, and there is the question of, is the Bandesal fund big enough? The regulations look like the law, put together really quickly. It’s a big question mark.”</p>\n<p><b>Watching Closely</b></p>\n<p>While the Bahamas launched its own central bank-backed digital currency this year, the Sand Dollar, and Venezuela has its own e-money called the Petro, these are very different from a decentralized cryptocurrency such as Bitcoin, whose users value its independence from governments and central banks.</p>\n<p>Other governments in the region will be watching closely. Last month,Cuba moved to legalize cryptocurrency already being used on the island, while lawmakers in other countries such as Panama and Uruguay have proposed similar legislation.</p>\n<p>Bitcoin’s adoption comes as the country’s top court presided over by Bukele allies ruled last week that the president can run for a second term. The U.S. criticized the decision and said it damages bilateral relations between the two nations.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin Faces Biggest Test as El Salvador Makes It Legal Tender</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin Faces Biggest Test as El Salvador Makes It Legal Tender\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-07 10:23 GMT+8 <a href=https://www.bloomberg.com/news/articles/2021-09-07/bitcoin-faces-biggest-test-as-el-salvador-makes-it-legal-tender?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Country buys 400 Bitcoins worth $20 million ahead of roll-out\nPoll shows Salvadorans remain skeptical about the plan\n\nBitcoin is undergoing the biggest test in its 12-year history as El Salvador ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-09-07/bitcoin-faces-biggest-test-as-el-salvador-makes-it-legal-tender?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.bloomberg.com/news/articles/2021-09-07/bitcoin-faces-biggest-test-as-el-salvador-makes-it-legal-tender?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155654239","content_text":"Country buys 400 Bitcoins worth $20 million ahead of roll-out\nPoll shows Salvadorans remain skeptical about the plan\n\nBitcoin is undergoing the biggest test in its 12-year history as El Salvador becomes the first country to adopt it as legal tender Tuesday.\nBoth enthusiasts and detractors of crytocurrencies will be monitoring the experiment to see if a significant number of people want to transact with Bitcoin when it circulates alongside the U.S. dollar, and whether it brings any benefits to the violent, impoverished Central American nation.\nThe country bought 400 bitcoins ahead of the roll-out, with a market value of about $20 million at current prices. The country plans to buy “a lot more” of them, President Nayib Bukele said via Twitter, after buying the first batch of 200.\n\nIf the experiment is a success, other countries may follow El Salvador’s lead. Its adoption will get an initial boost from the government’s Bitcoin wallet Chivo, which comes pre-loaded with $30 worth of the currency for users who register with a Salvadoran national ID number.\nBusinesses will be required to accept Bitcoin in exchange for goods and services and the government will accept it for tax payments. The plan is the brainchild of El Salvador’s 40-year old president, who says it will draw more people into the financial system and make it cheaper to send remittances.\n“This is brave new world stuff,” said Garrick Hileman, head of research for the Miami-based Blockchain.com. “We are in unchartered waters with this launch, but I’m glad to see this experiment happen overall, and I think we’ll learn a lot from it.”\nBitcoin ATMs\nBukele’s administration has installed 200 Bitcoin ATMs around the country that can be used to exchange the cryptocurrency for U.S. dollars. The Finance Ministry created a $150 million fund at state-run bank Banco de Desarrollo de la Republica de El Salvador, Bandesal, to back the transactions.\nThe dollar will remain the national currency for public accounting purposes and merchants who are technologically unable to receive the e-currency will be exempt from the law, the government has said.\nEl Salvador’s dollarized economy is heavily reliant on remittances sent home by migrants overseas, which totalled $6 billion last year and account for roughly a fifth of gross domestic product. Bukele says Bitcoin could save Salvadorans $400 million a year in fees for these transactions.\nPublic Skepticism\nWhile Bukele himself enjoys approval ratings of more than 80%, a poll last week by El Salvador’s Universidad Centroamericana Jose Simeon Canas found his Bitcoin law is widely unpopular. Two-thirds of respondents said the law should be repealed while more than 70% said they prefer to use U.S. dollars instead.\n\nThe International Monetary Fund warned of the risks of using Bitcoin, which lost nearly half its value from April to May, and the World Bank declined a request from El Salvador’s government to help the government adopt it, citing environmental and transparency drawbacks. The Bitcoin news also helped trigger a selloff of El Salvador’s dollar bonds, though they have since pared losses.\n“Crypto is sexy but untested and complicated especially for a country like El Salvador,” Stifel Nicolaus & Co. managing director Nathalie Marshik said. “It’s extremely risky, and there is the question of, is the Bandesal fund big enough? The regulations look like the law, put together really quickly. It’s a big question mark.”\nWatching Closely\nWhile the Bahamas launched its own central bank-backed digital currency this year, the Sand Dollar, and Venezuela has its own e-money called the Petro, these are very different from a decentralized cryptocurrency such as Bitcoin, whose users value its independence from governments and central banks.\nOther governments in the region will be watching closely. Last month,Cuba moved to legalize cryptocurrency already being used on the island, while lawmakers in other countries such as Panama and Uruguay have proposed similar legislation.\nBitcoin’s adoption comes as the country’s top court presided over by Bukele allies ruled last week that the president can run for a second term. The U.S. criticized the decision and said it damages bilateral relations between the two nations.","news_type":1},"isVote":1,"tweetType":1,"viewCount":12,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":851382238,"gmtCreate":1634870428369,"gmtModify":1634870428534,"author":{"id":"4090835245062940","authorId":"4090835245062940","name":"Xiaobaibaix","avatar":"https://static.tigerbbs.com/19263ccc92eb63259fac52b84116dbc7","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090835245062940","authorIdStr":"4090835245062940"},"themes":[],"htmlText":"Dont lose faith hehehe ","listText":"Dont lose faith hehehe ","text":"Dont lose faith hehehe","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/851382238","repostId":"2177467336","repostType":4,"repost":{"id":"2177467336","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1634857021,"share":"https://www.laohu8.com/m/news/2177467336?lang=&edition=full","pubTime":"2021-10-22 06:57","market":"us","language":"en","title":"Intel shares sink as sales third-quarter sales miss estimates","url":"https://stock-news.laohu8.com/highlight/detail?id=2177467336","media":"Reuters","summary":"Shares of Intel Corp sank on Thursday as the company reported third-quarter sales that missed expect","content":"<p>Shares of Intel Corp sank on Thursday as the company reported third-quarter sales that missed expectations, with Chief Executive Officer Pat Gelsinger saying that shortages of ancillary chips needed to make full computers are holding back sales of the company's flagship processor chips.</p>\n<p>The company's leaders also said that margins will be lower for several years and that it will spend heavily to revamp its chip factories. Shares of Santa Clara, California-based Intel, the world's biggest maker of central processors at the heart of PCs and data center servers, fell nearly 9% in extending trading.</p>\n<p><img src=\"https://static.tigerbbs.com/2acbb6b1b32008be3f0adc723eeed188\" tg-width=\"848\" tg-height=\"620\" referrerpolicy=\"no-referrer\"></p>\n<p>Gelsinger said Intel has resolved shortages facing its own internal manufacturing operations, but that shortages of other chips such as power management chips and WiFi chips were stopping its customers from shipping PCs and servers, reducing the need for Intel's chips.</p>\n<p>\"That's a direct result of the overall supply challenges of the semiconductor industry,\" Gelsinger told Reuters in an interview.</p>\n<p>Gelsinger's plan to remake the company by fixing its internal manufacturing issues while opening its doors to outside customers has largely gone over well with investors, with shares rising about 11% this year before Thursday's results.</p>\n<p>Giving an unexpected long-range forecast on an investor call Thursday, Intel said that it expects at least $74 billion in revenue in 2022, higher than analyst estimates of $73 billion. But the company also plans to spend heavily, saying that capital expenditures could be $25 billion to $28 billion in 2022 and higher in subsequent years.</p>\n<p>On an operational level, Intel said gross margins are likely to be between 51% and 53% in the next two to three years, below the 56.2% that analysts expect for 2021, according to Refinitiv data.</p>\n<p>Meanwhile, rivals like Nvidia Corp and Advanced Micro Devices who make faster chips by leveraging outside contract manufacturers are continuing to eat into Intel's market share.</p>\n<p>Intel missed estimates for its data center segment, with sales of $6.5 billion compared with estimates of $6.6 billion, according to Refinitiv data. Gelsinger told Reuters some of the data center results were because of Chinese cloud computing vendors - major customers of Intel - adjusting to new rules from the Chinese government.</p>\n<p>Atlantic Equities analyst Ianjit Bhatti said the lower sales to cloud computing groups reflected market share gains by <a href=\"https://laohu8.com/S/AMD\">AMD</a>. Shares of AMD were up slightly after Intel's results.</p>\n<p><img src=\"https://static.tigerbbs.com/a6fa48063ac2b36ad49f7b8c0c06e5dd\" tg-width=\"848\" tg-height=\"617\" width=\"100%\" height=\"auto\"></p>\n<p>Intel reported adjusted sales for the third-quarter ended Sept. 25 of $18.1 billion, missing estimates of $18.24 billion, according to IBES data from Refinitiv. Intel reported adjusted profits of $1.71 per share, compared with Wall Street estimates of $1.11 per share, according to Refinitiv data.</p>\n<p>Intel Chief Financial Officer George Davis, who Intel said on Thursday will retire in May 2022, said about 14 cents of the outperformance came from demand for higher-margin products and operational gains, while the rest came from <a href=\"https://laohu8.com/S/AONE.U\">one</a>-time items like tax restructuring.</p>\n<p>Intel forecast fourth-quarter revenue slightly above Wall Street expectations. The company expects fourth-quarter revenue of about $18.3 billion, compared with analysts' average estimate of $18.25 billion, according to IBES data from Refinitiv.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Intel shares sink as sales third-quarter sales miss estimates</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIntel shares sink as sales third-quarter sales miss estimates\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-10-22 06:57</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Shares of Intel Corp sank on Thursday as the company reported third-quarter sales that missed expectations, with Chief Executive Officer Pat Gelsinger saying that shortages of ancillary chips needed to make full computers are holding back sales of the company's flagship processor chips.</p>\n<p>The company's leaders also said that margins will be lower for several years and that it will spend heavily to revamp its chip factories. Shares of Santa Clara, California-based Intel, the world's biggest maker of central processors at the heart of PCs and data center servers, fell nearly 9% in extending trading.</p>\n<p><img src=\"https://static.tigerbbs.com/2acbb6b1b32008be3f0adc723eeed188\" tg-width=\"848\" tg-height=\"620\" referrerpolicy=\"no-referrer\"></p>\n<p>Gelsinger said Intel has resolved shortages facing its own internal manufacturing operations, but that shortages of other chips such as power management chips and WiFi chips were stopping its customers from shipping PCs and servers, reducing the need for Intel's chips.</p>\n<p>\"That's a direct result of the overall supply challenges of the semiconductor industry,\" Gelsinger told Reuters in an interview.</p>\n<p>Gelsinger's plan to remake the company by fixing its internal manufacturing issues while opening its doors to outside customers has largely gone over well with investors, with shares rising about 11% this year before Thursday's results.</p>\n<p>Giving an unexpected long-range forecast on an investor call Thursday, Intel said that it expects at least $74 billion in revenue in 2022, higher than analyst estimates of $73 billion. But the company also plans to spend heavily, saying that capital expenditures could be $25 billion to $28 billion in 2022 and higher in subsequent years.</p>\n<p>On an operational level, Intel said gross margins are likely to be between 51% and 53% in the next two to three years, below the 56.2% that analysts expect for 2021, according to Refinitiv data.</p>\n<p>Meanwhile, rivals like Nvidia Corp and Advanced Micro Devices who make faster chips by leveraging outside contract manufacturers are continuing to eat into Intel's market share.</p>\n<p>Intel missed estimates for its data center segment, with sales of $6.5 billion compared with estimates of $6.6 billion, according to Refinitiv data. Gelsinger told Reuters some of the data center results were because of Chinese cloud computing vendors - major customers of Intel - adjusting to new rules from the Chinese government.</p>\n<p>Atlantic Equities analyst Ianjit Bhatti said the lower sales to cloud computing groups reflected market share gains by <a href=\"https://laohu8.com/S/AMD\">AMD</a>. Shares of AMD were up slightly after Intel's results.</p>\n<p><img src=\"https://static.tigerbbs.com/a6fa48063ac2b36ad49f7b8c0c06e5dd\" tg-width=\"848\" tg-height=\"617\" width=\"100%\" height=\"auto\"></p>\n<p>Intel reported adjusted sales for the third-quarter ended Sept. 25 of $18.1 billion, missing estimates of $18.24 billion, according to IBES data from Refinitiv. Intel reported adjusted profits of $1.71 per share, compared with Wall Street estimates of $1.11 per share, according to Refinitiv data.</p>\n<p>Intel Chief Financial Officer George Davis, who Intel said on Thursday will retire in May 2022, said about 14 cents of the outperformance came from demand for higher-margin products and operational gains, while the rest came from <a href=\"https://laohu8.com/S/AONE.U\">one</a>-time items like tax restructuring.</p>\n<p>Intel forecast fourth-quarter revenue slightly above Wall Street expectations. The company expects fourth-quarter revenue of about $18.3 billion, compared with analysts' average estimate of $18.25 billion, according to IBES data from Refinitiv.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"INTC":"英特尔"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2177467336","content_text":"Shares of Intel Corp sank on Thursday as the company reported third-quarter sales that missed expectations, with Chief Executive Officer Pat Gelsinger saying that shortages of ancillary chips needed to make full computers are holding back sales of the company's flagship processor chips.\nThe company's leaders also said that margins will be lower for several years and that it will spend heavily to revamp its chip factories. Shares of Santa Clara, California-based Intel, the world's biggest maker of central processors at the heart of PCs and data center servers, fell nearly 9% in extending trading.\n\nGelsinger said Intel has resolved shortages facing its own internal manufacturing operations, but that shortages of other chips such as power management chips and WiFi chips were stopping its customers from shipping PCs and servers, reducing the need for Intel's chips.\n\"That's a direct result of the overall supply challenges of the semiconductor industry,\" Gelsinger told Reuters in an interview.\nGelsinger's plan to remake the company by fixing its internal manufacturing issues while opening its doors to outside customers has largely gone over well with investors, with shares rising about 11% this year before Thursday's results.\nGiving an unexpected long-range forecast on an investor call Thursday, Intel said that it expects at least $74 billion in revenue in 2022, higher than analyst estimates of $73 billion. But the company also plans to spend heavily, saying that capital expenditures could be $25 billion to $28 billion in 2022 and higher in subsequent years.\nOn an operational level, Intel said gross margins are likely to be between 51% and 53% in the next two to three years, below the 56.2% that analysts expect for 2021, according to Refinitiv data.\nMeanwhile, rivals like Nvidia Corp and Advanced Micro Devices who make faster chips by leveraging outside contract manufacturers are continuing to eat into Intel's market share.\nIntel missed estimates for its data center segment, with sales of $6.5 billion compared with estimates of $6.6 billion, according to Refinitiv data. Gelsinger told Reuters some of the data center results were because of Chinese cloud computing vendors - major customers of Intel - adjusting to new rules from the Chinese government.\nAtlantic Equities analyst Ianjit Bhatti said the lower sales to cloud computing groups reflected market share gains by AMD. Shares of AMD were up slightly after Intel's results.\n\nIntel reported adjusted sales for the third-quarter ended Sept. 25 of $18.1 billion, missing estimates of $18.24 billion, according to IBES data from Refinitiv. Intel reported adjusted profits of $1.71 per share, compared with Wall Street estimates of $1.11 per share, according to Refinitiv data.\nIntel Chief Financial Officer George Davis, who Intel said on Thursday will retire in May 2022, said about 14 cents of the outperformance came from demand for higher-margin products and operational gains, while the rest came from one-time items like tax restructuring.\nIntel forecast fourth-quarter revenue slightly above Wall Street expectations. The company expects fourth-quarter revenue of about $18.3 billion, compared with analysts' average estimate of $18.25 billion, according to IBES data from Refinitiv.","news_type":1},"isVote":1,"tweetType":1,"viewCount":97,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":825837721,"gmtCreate":1634216187366,"gmtModify":1634216187541,"author":{"id":"4090835245062940","authorId":"4090835245062940","name":"Xiaobaibaix","avatar":"https://static.tigerbbs.com/19263ccc92eb63259fac52b84116dbc7","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090835245062940","authorIdStr":"4090835245062940"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>Go Nio !!","listText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>Go Nio !!","text":"$NIO Inc.(NIO)$Go Nio !!","images":[{"img":"https://static.tigerbbs.com/34844cbae9d922c464281098c2f68290","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/825837721","isVote":1,"tweetType":1,"viewCount":247,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":886111104,"gmtCreate":1631574881408,"gmtModify":1631890078406,"author":{"id":"4090835245062940","authorId":"4090835245062940","name":"Xiaobaibaix","avatar":"https://static.tigerbbs.com/19263ccc92eb63259fac52b84116dbc7","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090835245062940","authorIdStr":"4090835245062940"},"themes":[],"htmlText":"Go appleee","listText":"Go appleee","text":"Go appleee","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/886111104","repostId":"1171919128","repostType":4,"repost":{"id":"1171919128","pubTimestamp":1631547161,"share":"https://www.laohu8.com/m/news/1171919128?lang=&edition=full","pubTime":"2021-09-13 23:32","market":"us","language":"en","title":"Apple App Store: The Tide Is Turning","url":"https://stock-news.laohu8.com/highlight/detail?id=1171919128","media":"seekingalpha","summary":"Summary\n\nA US Federal District Court judge has ruled mostly in Apple’s favor in their case with Epic","content":"<p><b>Summary</b></p>\n<ul>\n <li>A US Federal District Court judge has ruled mostly in Apple’s favor in their case with Epic Games.</li>\n <li>Despite that, and in conjunction with a recent settlement with Japanese regulators, Apple will be getting rid of their anti-steering rule. This is a bigger change than people think.</li>\n <li>The threat to Apple doesn't end with the Epic trial. There are bigger threats coming from the executive and legislative branches in the US, and regulators in Europe and Asia.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/323e8503a813d4996ee819f5591992b8\" tg-width=\"1536\" tg-height=\"1024\" width=\"100%\" height=\"auto\"><span>Chip Somodevilla/Getty Images News</span></p>\n<p><b>It Does Not End Here</b></p>\n<p>For some time now, I have been warning that antitrust law was about to change, and these changes would not be favorable to Apple(NASDAQ:AAPL), and that investors need to take these threats seriously. In every one of these attempts, I was rebuffed in the comments by many Apple shareholders telling me that these fears and warnings were overblown. “Long and strong AAPL!” cheerleading seems to be popular.Confirmation bias is a strong thing, and you should fight it every single day.</p>\n<p>My last attempt was less than two weeks ago, and I was similarly dismissed, and even accused of being a short-selling tout to boot. That last suggestion is pretty funny to anyone who has had to listen to me drone on about Apple stock the last 16 years. The consequence of those 16 years is that I have a lot of Apple stock, so I take things like this very seriously.</p>\n<p>Friday’s decision in Epic v. Apple had one part very bad news for Apple, but mostly a rejection of Epic’s main claim — that iOS is a market unto itself. But the bigger threat continues to be from Congress, where they can change the law in a single session. The House has already passed several bipartisan bills through committee, and three of them seem to have pretty wide support with the rest of the House. A narrower, but just as damaging companion bill is about to start working its way through the Senate. Keep your eyes on Amy Klobuchar of Minnesota and Mike Lee of Utah.</p>\n<p>Then we have regulatory action in the EU, Apple’s second most important region, where antitrust enforcers are siding with Spotify(NYSE:SPOT)in their dispute over in-app payments. Apple has already settled with Japan over their anti-steering rules. South Korea is forcing Apple and Google(NASDAQ:GOOGL)(NASDAQ:GOOG)to allow third-party in-app payments. China is a black hole of regulatory mystery.</p>\n<p>The tide is turning on Apple on this issue. If you think this begins and ends with the Epic case, you haven’t been paying attention.</p>\n<p>Right now the threat is confined to App Store, but this is the end of the beginning, not the beginning of the end. This new antitrust movement may come for other parts of Apple, like the other pillar of their fast-growing Services segment, AppleCare, and even dig deeper into the way Apple likes to do business.</p>\n<p><b>What The Ruling Says</b></p>\n<p>Judge Yvonne Gonzalez Rogers hewed very closely to existing law, because that’s what usually happens in District Court, the lowest level of the federal system. She mostly had bad news for Epic, and targeted bad news for Apple.</p>\n<p>The case rested on how the court defined the “relevant market” in question. Epic wanted it to be iOS, a market unto itself because of the high walls Apple builds around the ecosystem. Judge Rogers rejected that novel claim pretty handily. But she also rejected Apple’s definition: all gaming transactions, including PCs and consoles. She settled on mobile gaming transactions, so essentially the iOS-Android duopoly of mobile gaming transactions.</p>\n<p>Here is the meat of the decision that follows from that:</p>\n<blockquote>\n Given the trial record, the Court cannot ultimately conclude that Apple is a monopolist under either federal or state antitrust laws. While the Court finds that Apple enjoys considerable market share of over 55% and extraordinarily high profit margins, these factors alone do not show antitrust conduct. Success is not illegal…\n</blockquote>\n<blockquote>\n Nonetheless, the trial did show that Apple is engaging in anticompetitive conduct under California’s competition laws. The Court concludes that Apple’s anti-steering provisions hide critical information from consumers and illegally stifle consumer choice. When coupled with Apple’s incipient antitrust violations, these anti-steering provisions are anticompetitive and a nationwide remedy to eliminate those provisions is warranted.\n</blockquote>\n<p>The most important thing to note here is that the problem for Apple is California law, not federal law. Federal law changing is where the real threat remains, and we are already well into that process.</p>\n<p>Judge Rogers ruled that Apple has to get rid of their anti-steering rules. App developers will now be allowed to inform users of less expensive options on their website, with a link. We’ll talk about the implications in a moment. Apple charges developers 30% for in-app payments, and the first year of in-app subscriptions (15% thereafter). In-app payments and subscriptions are substantially where all of App Store revenue comes from, about 28% of the Services segment and 5.4% of all revenue in calendar 2020.</p>\n<p>Also, in the category of rounding errors, Epic has to pay Apple the $3.6 million they owe them when they breached their contract. That’s about 0.001% of Apple’s 2021 top line.</p>\n<p><b>Epic’s Game</b></p>\n<p>If you read my first article about the trial from when the pre-trial filings dropped, you may notice that I was a bit confused about what precisely Epic’s game was here. The foundation of their entire argument — that iOS was a market unto itself — was novel, to say the least. At least one of their lawyers must have informed them of the low likelihood of success on their main claims. Moreover, they burned a lot of pages on arguments not central to their case, but seem more geared towards tarnishing Apple’s reputation.</p>\n<p>My current understanding is that this case was a publicity stunt. What’s more, it worked. The point was to get this issue into the public conversation. Here I am writing about it, and here you are reading about it. But more importantly, the tide is turning in Washington, and I think the issues raised by this trial have accelerated that.</p>\n<p><b>The Anti-Steering Rule</b></p>\n<p>Like many of the App Store rules, the anti-steering rule was part of a multi-year whack-a-mole process where developers tried to find ways to cut out Apple, and Apple closed those holes. Apple fought very hard to keep this rule, but now seems to be capitulating. They settled with Japanese regulators recently on the anti-steering rules as it applied to media subscription apps, and applied the settlement to the rest of the world as well, maybe in anticipation of this ruling. With the Epic ruling, the anti-steering rule is gone.</p>\n<p>When a game developer like Epic sells their virtual currency on the App Store, they have a 30% payment fee. When they make the same transaction on their website, it is probably under 3%. This was always what this was about. Epic wanted to have their own in-app payment system to supersede Apple’s, without the friction of sending people to the website. Judge Rogers rejected that, but gave Epic a partial victory by banning Apple’s anti-steering rules.</p>\n<p>The anti-steering rules prevented app developers from having text and links to their own much less expensive in-app payments or subscriptions on their websites. This is a real loss for Apple, and puts the whole structure of the two most lucrative payment methods in the App Store at risk.</p>\n<p>Let’s say a gaming company pays a 2.5% processing fee on their website. That means they have 27.5 percentage points of marketing to play with. They could give that entire 27.5% to users in the form of a rebate or freebies. It certainly increases friction to have to leave a game you're having fun with, but if there is a big, friendly, dark-patterned button that says “Want free money?” I think a lot of people would tap that button. What’s more, they get to book the same amount in revenue, and stick the cost down in sales and marketing.</p>\n<p>That’s just one example of how companies may decide to go with this. That’s a lot of margin to play with. The reason Apple had this rule in the first place is that they feared someone would find the magic formula that would provide more revenue by eschewing in-app payments altogether, and everyone else would copy them. They had fought very hard to keep this rule for a reason.</p>\n<p>Just after the news broke, a friend who knows I own both stocks trolled me with this Bloomberg Terminal screenshot:</p>\n<p><img src=\"https://static.tigerbbs.com/78570d7ae73401a933b2359f3dcd47da\" tg-width=\"640\" tg-height=\"281\" width=\"100%\" height=\"auto\"></p>\n<p>Roblox(NYSE:RBLX)is a pure-play mobile gaming company. The vast majority of their revenues come from in-app payments from iOS and Android, the rest from their website sales. Their cost-of-revenues almost all goes to Apple and Google. In the TTM, they had a 74.4% gross margin. If they pay a 2.5% processing fee for website sales, that means 84% of their transaction value was through iOS and Android. If they could get that to 50-50, that would raise all their margins down to EBT by 10 percentage points. If they could get to 73% of sales on the website, they would have a 90% gross margin.</p>\n<p>There is a lot of money at stake, and a huge incentive for gaming and subscription media companies to figure out how to thread this needle. And that’s all in the absence of further action by the other two branches of government.</p>\n<p><b>The Executive Branch</b></p>\n<p>This is a good place to discuss the theoretical underpinnings of the new antitrust movement, because two of its leaders now work in the Biden administration. The movement is sometimes referred to as the “neo-Brandeis” movement after Supreme Court Justice Louis Brandeis, because it harkens back to a much earlier era of antitrust enforcement that drastically changed in the 1980s.</p>\n<p>In 1978, Robert Bork (yes,that Robert Bork) wrote a very influential book called <i>The Antitrust Paradox</i>. His theory urged a refocusing of enforcement away from competition, and towards consumer benefit as the main test. He argued that antitrust enforcement was propping up smaller, less efficient companies to the detriment of the economy.</p>\n<p>The 1982 AT&T breakup consent decree became the prototype for the new enforcement. By controlling local and long distance telecommunication, as well as the equipment, AT&T had been underinvesting and overcharging for decades. Their breakup brought an explosion of investment into telecommunications, and brought down prices quickly for landline service and equipment. That became the limit of antitrust enforcement.</p>\n<p>But the focus on consumer benefit has affected competition, and that’s what the neo-Brandeis movement hopes to change. They want antitrust enforcement to return to the way it was a century ago, with more of a focus on how large companies affect competition. Lina Khan, a law professor at Columbia, now runs the FTC, the primary antitrust enforcer in the federal government. Her 2017 law review article, “Amazon’s Antitrust Paradox” was the spark that lit this fire. Her colleague at Columbia Law, Tim Wu, is also one of the leaders of this movement. He is a member of the White House Council of Economic Advisors, and his fingerprints are all over the July competition executive order.</p>\n<p>The order was very wide ranging, with 72 initiatives covering 14 departments and agencies. Most of it does not relate to Apple, but it gives you an idea of the wide breadth of the order. As it relates to Apple:</p>\n<ul>\n <li>Right-to-repair is a huge threat to the other pillar of Services, AppleCare, which I estimate at 25%-30% of the segment. But more than that, it would change the way Apple makes devices. Apple squeezes out efficiency gains by attaching pooled memory directly to the main processor die, and by soldering storage into the motherboard. Both of these would likely be prohibited to them, and the devices would suffer.</li>\n <li>The FTC is two months into a yearlong frisk of the mobile app ecosystem. Based on previous writings, Lina Khan will likely recommend third party app stores, “sideloading” directly from the web, and an end to the in-app payments monopoly.</li>\n</ul>\n<p>Executive branch action is always subject to court challenges, and they can take very long to implement. But Congress can change the law in a single session. And they are already into that process.</p>\n<p><b>The Legislative Branch</b></p>\n<p>Since there are two houses of Congress, this issue is off on two tracks. The House Judiciary Committee recently passed a suite of bipartisan bills. Of the ones that I think have a good likelihood of passing the full House, here’s how it affects Apple:</p>\n<p>They would be required to allow third party app stores, sideloading, and third party payments in the Apple App Store.</p>\n<p>Restricting Apple’s ability to acquire smaller companies. In the past 6 years, Apple has bought around 100 companies, which works out to about one every three weeks on average. It looks like they had been accelerating since fiscal 2018, but then abruptly stopped in fiscal 2021. The reason is the new leader of the FTC.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a2fc9a2578663cc746fdb19ca19dea4c\" tg-width=\"635\" tg-height=\"417\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p>\n<p>The big bulge you see there in 2014 is the Beats acquisition at $3 billion, which remains the exception. Otherwise, Apple buys very small companies for tens or hundreds of millions, usually shuts down any products they may have, and absorbs the talent and IP into Apple proper. Apple’s chip design unit, a cornerstone of their current success, began this way in 2008.</p>\n<p><b>No more private APIs.</b>This would mean everything, like the Apple Pay-enabling NFC chip, would be open to competitors.</p>\n<p><b>No more discriminatory rules.</b>Apple doesn’t force real-world product and service providers like Uber(NYSE:UBER)to use in-app payments. Apple would either have to try and get Uber to pay them 30%, or drop the requirement altogether.</p>\n<p><b>The end of the Google search deal.</b>Google currently pays Apple a purported $12 billion a year to make Google the default search engine on iOS. This cash goes directly to EBT.</p>\n<p><b>They would have to expose more user data to developers.</b></p>\n<p><b>Formalizing the anti-steering decision.</b></p>\n<p><b>Anti-retaliation provision.</b>If these bills were law, Epic would still be on the App Store while they sued Apple.</p>\n<p>After the House is done wrangling over budget reconciliation, I think these bills will hit the House floor this fall or winter, and I think that they have a high likelihood of passing in something like their current form.</p>\n<p>But bills also have to clear the Senate, and they move slower. Things are just getting started there. The big movers in the Senate are Amy Klobuchar of Minnesota and Mike Lee of Utah. Klobuchar has written a long book on the subject, and it is not friendly towards Apple. She has also authored a new bill, Open App Markets Act. It is more narrow than the House suite, but not by much. It would still force Apple to allow third party app stores, sideloading, and third party in-app payments. They would also have to get rid of their private APIs. The bill is narrower than the House suite, and less of a threat to Apple, but still would mean the end of App Store as a driver of growth.<i>The Senate bill is the better outcome for Apple, and it is still terrible.</i></p>\n<p>I believe that we will see something pass before the next Presidential election, or even in this Congressional session. The best Apple shareholders can hope for is that the final bill gets watered down considerably.</p>\n<p><b>Outside The US</b></p>\n<p>This is in no way limited to the US. We already discussed the Japanese settlement, and South Korea is forcing Apple and Google to allow third party in-app payments. The case that is farthest along in the EU is Spotify’s, which would force Apple to not charge fees to competing services, so that means music, podcasts, games, video and fitness.</p>\n<p>The Chinese Communist Party remains the second biggest tail risk in the world after climate change. Apple’s regulatory risk there is uniquely high, both on the supply and demand sides. Apple has already given into them by not providing their Chinese customers with the same level of privacy as everyone else. With the mood in China right now, who knows where that goes.</p>\n<p><b>What Losing Control Of App Store Looks Like</b></p>\n<p>Stone Fox Capital here at Seeking Alpha is out with an article pivoting off Katy Huberty's estimation of a 2% earnings loss if the top 20 apps on the App Store were able to eschew in-app payments. Stone Fox would also like you to care about that seemingly small number:</p>\n<blockquote>\n Apple won most of their legal case with Epic Games based on the ruling announced on September 10, but the tech giant lost the ultimate battle. The stock remains priced for perfection while the company continues to have growth paths chipped away from the business.\n</blockquote>\n<p>My last article on this subject was called “Chipping Away at App Store.” This is what is happening and the trend is now clear. There is a mood globally to take Apple down a peg, and it is happening too slowly for many people to realize it is happening.</p>\n<p>My own way of modeling the worst case is through my DCF model. It’s modeled as a 25% hit to Services in the first year, with services gross margin reduced from 68% to 65%, followed by a slightly increased growth rate in the segment because of composition effects — the rest of Services grows faster than App Store. I used to model that happening in fiscal 2024, but I have moved that up to fiscal 2023, beginning less than 13 months from now.</p>\n<p>Here is the effect on fair value on my base case:</p>\n<p><img src=\"https://static.tigerbbs.com/94b635fe7a2473aafe36bd095a1206b6\" tg-width=\"640\" tg-height=\"352\" width=\"100%\" height=\"auto\"></p>\n<p>Even with the very slow start for the reason Stone Fox says — the share price has gotten way out ahead of cash flows — my base case still shows an 11% CAGR in fair value through the end of fiscal 2025. The App Store collapse takes that down to an 8% CAGR, 12% lower by 2025.</p>\n<p>Circling back, Stone Fox puts a button on this more succinctly than I can:</p>\n<blockquote>\n The key investor takeaway is that Apple has a bright future. The company will continue generating profits with operating cash flows topping $100 billion annually, but the tech giant will struggle to generate the growth needed to warrant the current stock price. The 2% hit to earnings might not seem meaningful, but the amount is very harmful to a stock priced for perfection.\n</blockquote>\n<p><b>How To Take This Seriously</b></p>\n<p>In my last article on this subject, someone cheekily replied in the comments, “‘Please take this seriously.’ What does that even mean?” That’s a good question. The first part of the answer is to stop pretending it’s not happening.</p>\n<p>“If your time horizon is short, now is a good time to take profits.” I have been using that phrase frequently since Apple hit $140. The last chart just formalizes it with math, but my opinion is that Apple will remain range-bound for some time, between $125 and $155, roughly. I still mean it: if your time horizon is short, now is a good time to take profits.</p>\n<p>But I also believe that no other company is as prepared for the future of technology, regardless of what that brings. That is a far longer discussion. I have been buying Apple shares on the dip since 2005, which is two splits ago. My last buy was in January 2019, when Apple reported that they would miss guidance for the first time in many years. At the time, the commentariat was telling me that Apple’s best days were behind them. I tried to explain that Apple was in a transitional phase, part of a strategy they launched around 2015 to focus more on the growth of the iPhone user base than sales. The strategy would pay off soon, I predicted, and it did in fiscal 2021. That seems like a very long time ago now.</p>\n<p>A consequence of buying the dip from 2005 to 2019 is that I own way too many Apple shares that I could never bring myself to sell. I am massively overweight Apple. There is a “What To Do With The Apple Shares” clause in my will. It is our largest asset, worth more than the house. That has not made me nervous until the last few months, when the tide seemed to start turning on Apple on this issue. I also used to be someone who did not take this threat seriously. I am going to start shaving my position as opportunities present themselves, and one may happen this week with the iPhone launch on Tuesday.</p>\n<p><i>To be clear, I will remain overweight Apple, just less so, and I remain bullish in the long term. But I no longer feel the safety I once did with this wildly overweight position.</i></p>\n<p>In contrast, if you are a long term investor who does not have a massively overweight position, watch, wait and fight confirmation bias every day. If you think this begins and ends with Epic, you haven’t been paying attention.</p>\n<p>Please take this seriously.</p>\n<p>I will be back in a few days with hopefully happier news from the iPhone launch on Tuesday. The big question is whether Apple can begin shipping iPhone before the quarter is out.</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>Apple App Store: The Tide Is Turning</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple App Store: The Tide Is Turning\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-13 23:32 GMT+8 <a href=https://seekingalpha.com/article/4454891-apple-app-store-the-tide-is-turning><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nA US Federal District Court judge has ruled mostly in Apple’s favor in their case with Epic Games.\nDespite that, and in conjunction with a recent settlement with Japanese regulators, Apple ...</p>\n\n<a href=\"https://seekingalpha.com/article/4454891-apple-app-store-the-tide-is-turning\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://seekingalpha.com/article/4454891-apple-app-store-the-tide-is-turning","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1171919128","content_text":"Summary\n\nA US Federal District Court judge has ruled mostly in Apple’s favor in their case with Epic Games.\nDespite that, and in conjunction with a recent settlement with Japanese regulators, Apple will be getting rid of their anti-steering rule. This is a bigger change than people think.\nThe threat to Apple doesn't end with the Epic trial. There are bigger threats coming from the executive and legislative branches in the US, and regulators in Europe and Asia.\n\nChip Somodevilla/Getty Images News\nIt Does Not End Here\nFor some time now, I have been warning that antitrust law was about to change, and these changes would not be favorable to Apple(NASDAQ:AAPL), and that investors need to take these threats seriously. In every one of these attempts, I was rebuffed in the comments by many Apple shareholders telling me that these fears and warnings were overblown. “Long and strong AAPL!” cheerleading seems to be popular.Confirmation bias is a strong thing, and you should fight it every single day.\nMy last attempt was less than two weeks ago, and I was similarly dismissed, and even accused of being a short-selling tout to boot. That last suggestion is pretty funny to anyone who has had to listen to me drone on about Apple stock the last 16 years. The consequence of those 16 years is that I have a lot of Apple stock, so I take things like this very seriously.\nFriday’s decision in Epic v. Apple had one part very bad news for Apple, but mostly a rejection of Epic’s main claim — that iOS is a market unto itself. But the bigger threat continues to be from Congress, where they can change the law in a single session. The House has already passed several bipartisan bills through committee, and three of them seem to have pretty wide support with the rest of the House. A narrower, but just as damaging companion bill is about to start working its way through the Senate. Keep your eyes on Amy Klobuchar of Minnesota and Mike Lee of Utah.\nThen we have regulatory action in the EU, Apple’s second most important region, where antitrust enforcers are siding with Spotify(NYSE:SPOT)in their dispute over in-app payments. Apple has already settled with Japan over their anti-steering rules. South Korea is forcing Apple and Google(NASDAQ:GOOGL)(NASDAQ:GOOG)to allow third-party in-app payments. China is a black hole of regulatory mystery.\nThe tide is turning on Apple on this issue. If you think this begins and ends with the Epic case, you haven’t been paying attention.\nRight now the threat is confined to App Store, but this is the end of the beginning, not the beginning of the end. This new antitrust movement may come for other parts of Apple, like the other pillar of their fast-growing Services segment, AppleCare, and even dig deeper into the way Apple likes to do business.\nWhat The Ruling Says\nJudge Yvonne Gonzalez Rogers hewed very closely to existing law, because that’s what usually happens in District Court, the lowest level of the federal system. She mostly had bad news for Epic, and targeted bad news for Apple.\nThe case rested on how the court defined the “relevant market” in question. Epic wanted it to be iOS, a market unto itself because of the high walls Apple builds around the ecosystem. Judge Rogers rejected that novel claim pretty handily. But she also rejected Apple’s definition: all gaming transactions, including PCs and consoles. She settled on mobile gaming transactions, so essentially the iOS-Android duopoly of mobile gaming transactions.\nHere is the meat of the decision that follows from that:\n\n Given the trial record, the Court cannot ultimately conclude that Apple is a monopolist under either federal or state antitrust laws. While the Court finds that Apple enjoys considerable market share of over 55% and extraordinarily high profit margins, these factors alone do not show antitrust conduct. Success is not illegal…\n\n\n Nonetheless, the trial did show that Apple is engaging in anticompetitive conduct under California’s competition laws. The Court concludes that Apple’s anti-steering provisions hide critical information from consumers and illegally stifle consumer choice. When coupled with Apple’s incipient antitrust violations, these anti-steering provisions are anticompetitive and a nationwide remedy to eliminate those provisions is warranted.\n\nThe most important thing to note here is that the problem for Apple is California law, not federal law. Federal law changing is where the real threat remains, and we are already well into that process.\nJudge Rogers ruled that Apple has to get rid of their anti-steering rules. App developers will now be allowed to inform users of less expensive options on their website, with a link. We’ll talk about the implications in a moment. Apple charges developers 30% for in-app payments, and the first year of in-app subscriptions (15% thereafter). In-app payments and subscriptions are substantially where all of App Store revenue comes from, about 28% of the Services segment and 5.4% of all revenue in calendar 2020.\nAlso, in the category of rounding errors, Epic has to pay Apple the $3.6 million they owe them when they breached their contract. That’s about 0.001% of Apple’s 2021 top line.\nEpic’s Game\nIf you read my first article about the trial from when the pre-trial filings dropped, you may notice that I was a bit confused about what precisely Epic’s game was here. The foundation of their entire argument — that iOS was a market unto itself — was novel, to say the least. At least one of their lawyers must have informed them of the low likelihood of success on their main claims. Moreover, they burned a lot of pages on arguments not central to their case, but seem more geared towards tarnishing Apple’s reputation.\nMy current understanding is that this case was a publicity stunt. What’s more, it worked. The point was to get this issue into the public conversation. Here I am writing about it, and here you are reading about it. But more importantly, the tide is turning in Washington, and I think the issues raised by this trial have accelerated that.\nThe Anti-Steering Rule\nLike many of the App Store rules, the anti-steering rule was part of a multi-year whack-a-mole process where developers tried to find ways to cut out Apple, and Apple closed those holes. Apple fought very hard to keep this rule, but now seems to be capitulating. They settled with Japanese regulators recently on the anti-steering rules as it applied to media subscription apps, and applied the settlement to the rest of the world as well, maybe in anticipation of this ruling. With the Epic ruling, the anti-steering rule is gone.\nWhen a game developer like Epic sells their virtual currency on the App Store, they have a 30% payment fee. When they make the same transaction on their website, it is probably under 3%. This was always what this was about. Epic wanted to have their own in-app payment system to supersede Apple’s, without the friction of sending people to the website. Judge Rogers rejected that, but gave Epic a partial victory by banning Apple’s anti-steering rules.\nThe anti-steering rules prevented app developers from having text and links to their own much less expensive in-app payments or subscriptions on their websites. This is a real loss for Apple, and puts the whole structure of the two most lucrative payment methods in the App Store at risk.\nLet’s say a gaming company pays a 2.5% processing fee on their website. That means they have 27.5 percentage points of marketing to play with. They could give that entire 27.5% to users in the form of a rebate or freebies. It certainly increases friction to have to leave a game you're having fun with, but if there is a big, friendly, dark-patterned button that says “Want free money?” I think a lot of people would tap that button. What’s more, they get to book the same amount in revenue, and stick the cost down in sales and marketing.\nThat’s just one example of how companies may decide to go with this. That’s a lot of margin to play with. The reason Apple had this rule in the first place is that they feared someone would find the magic formula that would provide more revenue by eschewing in-app payments altogether, and everyone else would copy them. They had fought very hard to keep this rule for a reason.\nJust after the news broke, a friend who knows I own both stocks trolled me with this Bloomberg Terminal screenshot:\n\nRoblox(NYSE:RBLX)is a pure-play mobile gaming company. The vast majority of their revenues come from in-app payments from iOS and Android, the rest from their website sales. Their cost-of-revenues almost all goes to Apple and Google. In the TTM, they had a 74.4% gross margin. If they pay a 2.5% processing fee for website sales, that means 84% of their transaction value was through iOS and Android. If they could get that to 50-50, that would raise all their margins down to EBT by 10 percentage points. If they could get to 73% of sales on the website, they would have a 90% gross margin.\nThere is a lot of money at stake, and a huge incentive for gaming and subscription media companies to figure out how to thread this needle. And that’s all in the absence of further action by the other two branches of government.\nThe Executive Branch\nThis is a good place to discuss the theoretical underpinnings of the new antitrust movement, because two of its leaders now work in the Biden administration. The movement is sometimes referred to as the “neo-Brandeis” movement after Supreme Court Justice Louis Brandeis, because it harkens back to a much earlier era of antitrust enforcement that drastically changed in the 1980s.\nIn 1978, Robert Bork (yes,that Robert Bork) wrote a very influential book called The Antitrust Paradox. His theory urged a refocusing of enforcement away from competition, and towards consumer benefit as the main test. He argued that antitrust enforcement was propping up smaller, less efficient companies to the detriment of the economy.\nThe 1982 AT&T breakup consent decree became the prototype for the new enforcement. By controlling local and long distance telecommunication, as well as the equipment, AT&T had been underinvesting and overcharging for decades. Their breakup brought an explosion of investment into telecommunications, and brought down prices quickly for landline service and equipment. That became the limit of antitrust enforcement.\nBut the focus on consumer benefit has affected competition, and that’s what the neo-Brandeis movement hopes to change. They want antitrust enforcement to return to the way it was a century ago, with more of a focus on how large companies affect competition. Lina Khan, a law professor at Columbia, now runs the FTC, the primary antitrust enforcer in the federal government. Her 2017 law review article, “Amazon’s Antitrust Paradox” was the spark that lit this fire. Her colleague at Columbia Law, Tim Wu, is also one of the leaders of this movement. He is a member of the White House Council of Economic Advisors, and his fingerprints are all over the July competition executive order.\nThe order was very wide ranging, with 72 initiatives covering 14 departments and agencies. Most of it does not relate to Apple, but it gives you an idea of the wide breadth of the order. As it relates to Apple:\n\nRight-to-repair is a huge threat to the other pillar of Services, AppleCare, which I estimate at 25%-30% of the segment. But more than that, it would change the way Apple makes devices. Apple squeezes out efficiency gains by attaching pooled memory directly to the main processor die, and by soldering storage into the motherboard. Both of these would likely be prohibited to them, and the devices would suffer.\nThe FTC is two months into a yearlong frisk of the mobile app ecosystem. Based on previous writings, Lina Khan will likely recommend third party app stores, “sideloading” directly from the web, and an end to the in-app payments monopoly.\n\nExecutive branch action is always subject to court challenges, and they can take very long to implement. But Congress can change the law in a single session. And they are already into that process.\nThe Legislative Branch\nSince there are two houses of Congress, this issue is off on two tracks. The House Judiciary Committee recently passed a suite of bipartisan bills. Of the ones that I think have a good likelihood of passing the full House, here’s how it affects Apple:\nThey would be required to allow third party app stores, sideloading, and third party payments in the Apple App Store.\nRestricting Apple’s ability to acquire smaller companies. In the past 6 years, Apple has bought around 100 companies, which works out to about one every three weeks on average. It looks like they had been accelerating since fiscal 2018, but then abruptly stopped in fiscal 2021. The reason is the new leader of the FTC.\nData by YCharts\nThe big bulge you see there in 2014 is the Beats acquisition at $3 billion, which remains the exception. Otherwise, Apple buys very small companies for tens or hundreds of millions, usually shuts down any products they may have, and absorbs the talent and IP into Apple proper. Apple’s chip design unit, a cornerstone of their current success, began this way in 2008.\nNo more private APIs.This would mean everything, like the Apple Pay-enabling NFC chip, would be open to competitors.\nNo more discriminatory rules.Apple doesn’t force real-world product and service providers like Uber(NYSE:UBER)to use in-app payments. Apple would either have to try and get Uber to pay them 30%, or drop the requirement altogether.\nThe end of the Google search deal.Google currently pays Apple a purported $12 billion a year to make Google the default search engine on iOS. This cash goes directly to EBT.\nThey would have to expose more user data to developers.\nFormalizing the anti-steering decision.\nAnti-retaliation provision.If these bills were law, Epic would still be on the App Store while they sued Apple.\nAfter the House is done wrangling over budget reconciliation, I think these bills will hit the House floor this fall or winter, and I think that they have a high likelihood of passing in something like their current form.\nBut bills also have to clear the Senate, and they move slower. Things are just getting started there. The big movers in the Senate are Amy Klobuchar of Minnesota and Mike Lee of Utah. Klobuchar has written a long book on the subject, and it is not friendly towards Apple. She has also authored a new bill, Open App Markets Act. It is more narrow than the House suite, but not by much. It would still force Apple to allow third party app stores, sideloading, and third party in-app payments. They would also have to get rid of their private APIs. The bill is narrower than the House suite, and less of a threat to Apple, but still would mean the end of App Store as a driver of growth.The Senate bill is the better outcome for Apple, and it is still terrible.\nI believe that we will see something pass before the next Presidential election, or even in this Congressional session. The best Apple shareholders can hope for is that the final bill gets watered down considerably.\nOutside The US\nThis is in no way limited to the US. We already discussed the Japanese settlement, and South Korea is forcing Apple and Google to allow third party in-app payments. The case that is farthest along in the EU is Spotify’s, which would force Apple to not charge fees to competing services, so that means music, podcasts, games, video and fitness.\nThe Chinese Communist Party remains the second biggest tail risk in the world after climate change. Apple’s regulatory risk there is uniquely high, both on the supply and demand sides. Apple has already given into them by not providing their Chinese customers with the same level of privacy as everyone else. With the mood in China right now, who knows where that goes.\nWhat Losing Control Of App Store Looks Like\nStone Fox Capital here at Seeking Alpha is out with an article pivoting off Katy Huberty's estimation of a 2% earnings loss if the top 20 apps on the App Store were able to eschew in-app payments. Stone Fox would also like you to care about that seemingly small number:\n\n Apple won most of their legal case with Epic Games based on the ruling announced on September 10, but the tech giant lost the ultimate battle. The stock remains priced for perfection while the company continues to have growth paths chipped away from the business.\n\nMy last article on this subject was called “Chipping Away at App Store.” This is what is happening and the trend is now clear. There is a mood globally to take Apple down a peg, and it is happening too slowly for many people to realize it is happening.\nMy own way of modeling the worst case is through my DCF model. It’s modeled as a 25% hit to Services in the first year, with services gross margin reduced from 68% to 65%, followed by a slightly increased growth rate in the segment because of composition effects — the rest of Services grows faster than App Store. I used to model that happening in fiscal 2024, but I have moved that up to fiscal 2023, beginning less than 13 months from now.\nHere is the effect on fair value on my base case:\n\nEven with the very slow start for the reason Stone Fox says — the share price has gotten way out ahead of cash flows — my base case still shows an 11% CAGR in fair value through the end of fiscal 2025. The App Store collapse takes that down to an 8% CAGR, 12% lower by 2025.\nCircling back, Stone Fox puts a button on this more succinctly than I can:\n\n The key investor takeaway is that Apple has a bright future. The company will continue generating profits with operating cash flows topping $100 billion annually, but the tech giant will struggle to generate the growth needed to warrant the current stock price. The 2% hit to earnings might not seem meaningful, but the amount is very harmful to a stock priced for perfection.\n\nHow To Take This Seriously\nIn my last article on this subject, someone cheekily replied in the comments, “‘Please take this seriously.’ What does that even mean?” That’s a good question. The first part of the answer is to stop pretending it’s not happening.\n“If your time horizon is short, now is a good time to take profits.” I have been using that phrase frequently since Apple hit $140. The last chart just formalizes it with math, but my opinion is that Apple will remain range-bound for some time, between $125 and $155, roughly. I still mean it: if your time horizon is short, now is a good time to take profits.\nBut I also believe that no other company is as prepared for the future of technology, regardless of what that brings. That is a far longer discussion. I have been buying Apple shares on the dip since 2005, which is two splits ago. My last buy was in January 2019, when Apple reported that they would miss guidance for the first time in many years. At the time, the commentariat was telling me that Apple’s best days were behind them. I tried to explain that Apple was in a transitional phase, part of a strategy they launched around 2015 to focus more on the growth of the iPhone user base than sales. The strategy would pay off soon, I predicted, and it did in fiscal 2021. That seems like a very long time ago now.\nA consequence of buying the dip from 2005 to 2019 is that I own way too many Apple shares that I could never bring myself to sell. I am massively overweight Apple. There is a “What To Do With The Apple Shares” clause in my will. It is our largest asset, worth more than the house. That has not made me nervous until the last few months, when the tide seemed to start turning on Apple on this issue. I also used to be someone who did not take this threat seriously. I am going to start shaving my position as opportunities present themselves, and one may happen this week with the iPhone launch on Tuesday.\nTo be clear, I will remain overweight Apple, just less so, and I remain bullish in the long term. But I no longer feel the safety I once did with this wildly overweight position.\nIn contrast, if you are a long term investor who does not have a massively overweight position, watch, wait and fight confirmation bias every day. If you think this begins and ends with Epic, you haven’t been paying attention.\nPlease take this seriously.\nI will be back in a few days with hopefully happier news from the iPhone launch on Tuesday. The big question is whether Apple can begin shipping iPhone before the quarter is out.","news_type":1},"isVote":1,"tweetType":1,"viewCount":54,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":813620843,"gmtCreate":1630199502882,"gmtModify":1704956880148,"author":{"id":"4090835245062940","authorId":"4090835245062940","name":"Xiaobaibaix","avatar":"https://static.tigerbbs.com/19263ccc92eb63259fac52b84116dbc7","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090835245062940","authorIdStr":"4090835245062940"},"themes":[],"htmlText":"New competitor heheheh","listText":"New competitor heheheh","text":"New competitor heheheh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/813620843","repostId":"1123342356","repostType":4,"isVote":1,"tweetType":1,"viewCount":155,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":810078607,"gmtCreate":1629937015509,"gmtModify":1633681366094,"author":{"id":"4090835245062940","authorId":"4090835245062940","name":"Xiaobaibaix","avatar":"https://static.tigerbbs.com/19263ccc92eb63259fac52b84116dbc7","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090835245062940","authorIdStr":"4090835245062940"},"themes":[],"htmlText":"Weeee","listText":"Weeee","text":"Weeee","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/810078607","repostId":"2162059919","repostType":4,"repost":{"id":"2162059919","pubTimestamp":1629934680,"share":"https://www.laohu8.com/m/news/2162059919?lang=&edition=full","pubTime":"2021-08-26 07:38","market":"us","language":"en","title":"Apple: Bernstein Forecasts Google Will Pay $15 Billion in FY2021 For Being Default Search Engine on iOS, Up From $10 Billion in 2020, Seen as Creating Higher Risk for Shares","url":"https://stock-news.laohu8.com/highlight/detail?id=2162059919","media":"StreetInsider","summary":"Bernstein senior analyst Tony Sacconaghi projects Google will have to pay almost $15 billion to Apple for being the default search engine on iOS, much higher than what it used to pay previously.Renowned analyst forecasts 2020 payments at about $10 billion, higher than the previous estimate of $8 billion. This figure comes from the analysis of the recent documents released from Apple, as well as a bottom-up analysis of Google's TAC .The 2021 forecast of $15 billion is “amazing” as it contribute","content":"<p>Bernstein senior analyst Tony Sacconaghi projects Google (NASDAQ: GOOGL) will have to pay almost $15 billion to Apple (NASDAQ: AAPL) for being the default search engine on iOS, much higher than what it used to pay previously.</p>\n<p>Renowned analyst forecasts 2020 payments at about $10 billion, higher than the previous estimate of $8 billion. This figure comes from the analysis of the recent documents released from Apple, as well as a bottom-up analysis of Google's TAC (traffic acquisition costs).</p>\n<p>“We estimate that Google's TAC payments to Apple (40+% CAGR for CY 2016-2020) are growing notably faster than GOOG's overall TAC (~18% CAGR) – and will likely continue to - for two reasons: (i) Google's payments to Distribution Partners (Apple, other search partnership) are growing faster than to its Network Members (websites); and (ii) Apple's mobile web traffic share has increased substantially over the last 5 years. The upshot is that we estimate that ~39% of Google's TAC will go to Apple in CY2021 up from ~13% in CY2013,” Sacconaghi wrote in a client note.</p>\n<p>The 2021 forecast of $15 billion is “amazing” as it contributes about 850 bps to Services growth YoY and represents about 9% of Apple’s total gross profits. Higher payments from Google also mean higher risks for Apple.</p>\n<p>“We see two potential risks to GOOG's payments to AAPL: (1) regulatory risk, which we believe is real, but likely years away; we see a potential 4-5% impact to Apple's gross profits from an adverse ruling; & (2) that Google chooses to stop paying Apple to be the default search engine altogether, or looks to renegotiate terms and pay less. We have noted in prior research that GOOG is likely paying to ensure Microsoft doesn’t outbid it. That said, with payments likely to approach $18 - $20B in FY 22, it not implausible that Google could revisit its strategy,” Sacconaghi adds.</p>\n<p>As a result, the analyst believes “risk reward is balanced to modestly negative on the stock over the next six months” as shares trade at 27x P/FE, above its historical relative levels (1.25x vs. 0.90x), especially bearing in mind potential for weak to no revenue growth in FY 22.</p>\n<p>Shares of Apple are trading around the $150.00 mark in pre-open Wednesday.</p>\n<p>Berstein has a \"Market Perform\" rating on AAPL with a price target of $132.00 per share.</p>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple: Bernstein Forecasts Google Will Pay $15 Billion in FY2021 For Being Default Search Engine on iOS, Up From $10 Billion in 2020, Seen as Creating Higher Risk for Shares</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple: Bernstein Forecasts Google Will Pay $15 Billion in FY2021 For Being Default Search Engine on iOS, Up From $10 Billion in 2020, Seen as Creating Higher Risk for Shares\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-26 07:38 GMT+8 <a href=https://www.streetinsider.com/dr/news.php?id=18861344><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Bernstein senior analyst Tony Sacconaghi projects Google (NASDAQ: GOOGL) will have to pay almost $15 billion to Apple (NASDAQ: AAPL) for being the default search engine on iOS, much higher than what ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18861344\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","GOOG":"谷歌"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18861344","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2162059919","content_text":"Bernstein senior analyst Tony Sacconaghi projects Google (NASDAQ: GOOGL) will have to pay almost $15 billion to Apple (NASDAQ: AAPL) for being the default search engine on iOS, much higher than what it used to pay previously.\nRenowned analyst forecasts 2020 payments at about $10 billion, higher than the previous estimate of $8 billion. This figure comes from the analysis of the recent documents released from Apple, as well as a bottom-up analysis of Google's TAC (traffic acquisition costs).\n“We estimate that Google's TAC payments to Apple (40+% CAGR for CY 2016-2020) are growing notably faster than GOOG's overall TAC (~18% CAGR) – and will likely continue to - for two reasons: (i) Google's payments to Distribution Partners (Apple, other search partnership) are growing faster than to its Network Members (websites); and (ii) Apple's mobile web traffic share has increased substantially over the last 5 years. The upshot is that we estimate that ~39% of Google's TAC will go to Apple in CY2021 up from ~13% in CY2013,” Sacconaghi wrote in a client note.\nThe 2021 forecast of $15 billion is “amazing” as it contributes about 850 bps to Services growth YoY and represents about 9% of Apple’s total gross profits. Higher payments from Google also mean higher risks for Apple.\n“We see two potential risks to GOOG's payments to AAPL: (1) regulatory risk, which we believe is real, but likely years away; we see a potential 4-5% impact to Apple's gross profits from an adverse ruling; & (2) that Google chooses to stop paying Apple to be the default search engine altogether, or looks to renegotiate terms and pay less. We have noted in prior research that GOOG is likely paying to ensure Microsoft doesn’t outbid it. That said, with payments likely to approach $18 - $20B in FY 22, it not implausible that Google could revisit its strategy,” Sacconaghi adds.\nAs a result, the analyst believes “risk reward is balanced to modestly negative on the stock over the next six months” as shares trade at 27x P/FE, above its historical relative levels (1.25x vs. 0.90x), especially bearing in mind potential for weak to no revenue growth in FY 22.\nShares of Apple are trading around the $150.00 mark in pre-open Wednesday.\nBerstein has a \"Market Perform\" rating on AAPL with a price target of $132.00 per share.","news_type":1},"isVote":1,"tweetType":1,"viewCount":95,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":845997205,"gmtCreate":1636260710556,"gmtModify":1636260711009,"author":{"id":"4090835245062940","authorId":"4090835245062940","name":"Xiaobaibaix","avatar":"https://static.tigerbbs.com/19263ccc92eb63259fac52b84116dbc7","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090835245062940","authorIdStr":"4090835245062940"},"themes":[],"htmlText":"GOOOO MODERNAAA","listText":"GOOOO MODERNAAA","text":"GOOOO MODERNAAA","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/845997205","repostId":"2181742244","repostType":4,"repost":{"id":"2181742244","pubTimestamp":1636200360,"share":"https://www.laohu8.com/m/news/2181742244?lang=&edition=full","pubTime":"2021-11-06 20:06","market":"us","language":"en","title":"Why This Number in Moderna's Earnings Report Isn't as Bad as It Looks","url":"https://stock-news.laohu8.com/highlight/detail?id=2181742244","media":"Motley Fool","summary":"It's all about timing.","content":"<p>Vaccine giant <b>Moderna</b> (NASDAQ:MRNA) had been spoiling us. We'd gotten used to quarter after quarter of excellent news. And then, in the third-quarter earnings report this week, Moderna cut its 2021 vaccine revenue forecast. Moderna said it now predicts $15 billion to $18 billion in coronavirus vaccine revenue this year. That means revenue may be as much as $5 billion lower than expected.</p>\n<p>As a result, the shares sank 32% in two trading sessions. All of this sounds pretty grim. But, in fact, the situation isn't as bad as it looks. The $5 billion in revenue actually isn't lost. Let's take a closer look at why the market reaction was overdone -- and why the future still looks bright for this biotech company.</p>\n<h2>The earlier forecast</h2>\n<p>First, a little background. In Moderna's previous earnings report, the company forecast $20 billion in coronavirus vaccine sales for 2021. This is according to advance purchase agreements with various governments -- and the company's ability to deliver those particular orders this year.</p>\n<p>Fast forward to this week's earnings report. As mentioned above, Moderna predicted a lower number. But that isn't because Moderna lost orders or sales. The biotech still will bring in the full $20 billion. But part of it will come in a bit later. There are two reasons for this.</p>\n<p>First, Moderna is deferring the delivery of some vaccine doses to higher-income countries to early 2022. It's doing this so that it can prioritize doses to lower- and middle-income countries. And these countries pay lower prices. By delivering doses to the African Union and the COVAX initiative for equitable vaccine distribution instead of countries that pay more, Moderna will generate lower revenue in the coming weeks.</p>\n<p>Second, Moderna is shipping more doses internationally than it did earlier in the year. International shipping adds more time to the whole process of getting doses from factories to people's arms. Moderna expects to speed up the process once delivery to certain countries becomes routine. In the meantime, shipping abroad is slowing things down. And that means some deliveries meant for the fourth quarter instead will arrive in early 2022. As a result, Moderna will record sales from those orders in 2022 instead of 2021.</p>\n<h2>What does this mean for investors?</h2>\n<p>Right now, it's more important than ever to look at Moderna through a long-term lens. From quarter to quarter, vaccine deliveries -- and revenue -- may ebb and flow. And as we see here, this sort of movement has nothing to do with overall demand for the vaccine. In many cases, logistics can determine whether a delivery arrives in <a href=\"https://laohu8.com/S/AONE.U\">one</a> quarter or the next.</p>\n<p>Instead, we should look at the level of advance purchase orders for the coming year -- and how Moderna plans to evolve its coronavirus vaccine program in a post-pandemic world. Right now, Moderna has signed $17 billion in advance purchase agreements. These involve upfront payments so they are pretty secure. Moderna also has options for about $3 billion. That puts next year at about the same level as this year.</p>\n<p>Beyond that point, it's too early to predict exactly how much coronavirus vaccine or booster revenue will represent for Moderna. But it could remain significant. Experts say the coronavirus is here to stay. That means countries will need to stock up on vaccines or boosters for at least part of their populations. And Moderna is moving forward with exciting projects for a post-pandemic world. I'm thinking of its strain-specific booster candidates and a combined flu/coronavirus/allergies candidate.</p>\n<p>So, Moderna's change in this year's revenue guidance doesn't change my long-term outlook for the company. Instead, I see it as a reminder not to panic -- and to focus on the big picture over time.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why This Number in Moderna's Earnings Report Isn't as Bad as It Looks</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\">\nWhy This Number in Moderna's Earnings Report Isn't as Bad as It Looks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-06 20:06 GMT+8 <a href=https://www.fool.com/investing/2021/11/06/why-this-number-in-modernas-earnings-isnt-bad/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Vaccine giant Moderna (NASDAQ:MRNA) had been spoiling us. We'd gotten used to quarter after quarter of excellent news. And then, in the third-quarter earnings report this week, Moderna cut its 2021 ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/11/06/why-this-number-in-modernas-earnings-isnt-bad/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MRNA":"Moderna, Inc."},"source_url":"https://www.fool.com/investing/2021/11/06/why-this-number-in-modernas-earnings-isnt-bad/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2181742244","content_text":"Vaccine giant Moderna (NASDAQ:MRNA) had been spoiling us. We'd gotten used to quarter after quarter of excellent news. And then, in the third-quarter earnings report this week, Moderna cut its 2021 vaccine revenue forecast. Moderna said it now predicts $15 billion to $18 billion in coronavirus vaccine revenue this year. That means revenue may be as much as $5 billion lower than expected.\nAs a result, the shares sank 32% in two trading sessions. All of this sounds pretty grim. But, in fact, the situation isn't as bad as it looks. The $5 billion in revenue actually isn't lost. Let's take a closer look at why the market reaction was overdone -- and why the future still looks bright for this biotech company.\nThe earlier forecast\nFirst, a little background. In Moderna's previous earnings report, the company forecast $20 billion in coronavirus vaccine sales for 2021. This is according to advance purchase agreements with various governments -- and the company's ability to deliver those particular orders this year.\nFast forward to this week's earnings report. As mentioned above, Moderna predicted a lower number. But that isn't because Moderna lost orders or sales. The biotech still will bring in the full $20 billion. But part of it will come in a bit later. There are two reasons for this.\nFirst, Moderna is deferring the delivery of some vaccine doses to higher-income countries to early 2022. It's doing this so that it can prioritize doses to lower- and middle-income countries. And these countries pay lower prices. By delivering doses to the African Union and the COVAX initiative for equitable vaccine distribution instead of countries that pay more, Moderna will generate lower revenue in the coming weeks.\nSecond, Moderna is shipping more doses internationally than it did earlier in the year. International shipping adds more time to the whole process of getting doses from factories to people's arms. Moderna expects to speed up the process once delivery to certain countries becomes routine. In the meantime, shipping abroad is slowing things down. And that means some deliveries meant for the fourth quarter instead will arrive in early 2022. As a result, Moderna will record sales from those orders in 2022 instead of 2021.\nWhat does this mean for investors?\nRight now, it's more important than ever to look at Moderna through a long-term lens. From quarter to quarter, vaccine deliveries -- and revenue -- may ebb and flow. And as we see here, this sort of movement has nothing to do with overall demand for the vaccine. In many cases, logistics can determine whether a delivery arrives in one quarter or the next.\nInstead, we should look at the level of advance purchase orders for the coming year -- and how Moderna plans to evolve its coronavirus vaccine program in a post-pandemic world. Right now, Moderna has signed $17 billion in advance purchase agreements. These involve upfront payments so they are pretty secure. Moderna also has options for about $3 billion. That puts next year at about the same level as this year.\nBeyond that point, it's too early to predict exactly how much coronavirus vaccine or booster revenue will represent for Moderna. But it could remain significant. Experts say the coronavirus is here to stay. That means countries will need to stock up on vaccines or boosters for at least part of their populations. And Moderna is moving forward with exciting projects for a post-pandemic world. I'm thinking of its strain-specific booster candidates and a combined flu/coronavirus/allergies candidate.\nSo, Moderna's change in this year's revenue guidance doesn't change my long-term outlook for the company. Instead, I see it as a reminder not to panic -- and to focus on the big picture over time.","news_type":1},"isVote":1,"tweetType":1,"viewCount":482,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":856110597,"gmtCreate":1635159641951,"gmtModify":1635159642454,"author":{"id":"4090835245062940","authorId":"4090835245062940","name":"Xiaobaibaix","avatar":"https://static.tigerbbs.com/19263ccc92eb63259fac52b84116dbc7","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090835245062940","authorIdStr":"4090835245062940"},"themes":[],"htmlText":"Know that everyone gonna profit!!!","listText":"Know that everyone gonna profit!!!","text":"Know that everyone gonna profit!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/856110597","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&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&P 500 and Dow to fresh record highs in the past week.</p>\n<p>As 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.</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&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&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&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&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 & 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 <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":{"GM":"通用汽车","GOOG":"谷歌","NFLX":"奈飞",".DJI":"道琼斯","GOOGL":"谷歌A","SNAP":"Snap Inc","AMD":"美国超微公司","SPY.AU":"SPDR® S&P 500® ETF Trust",".IXIC":"NASDAQ Composite","AMZN":"亚马逊","AAPL":"苹果",".SPX":"S&P 500 Index"},"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":62,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":882552038,"gmtCreate":1631710680724,"gmtModify":1631890078403,"author":{"id":"4090835245062940","authorId":"4090835245062940","name":"Xiaobaibaix","avatar":"https://static.tigerbbs.com/19263ccc92eb63259fac52b84116dbc7","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090835245062940","authorIdStr":"4090835245062940"},"themes":[],"htmlText":"Lets gooo cryptoo","listText":"Lets gooo cryptoo","text":"Lets gooo cryptoo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/882552038","repostId":"1189494600","repostType":4,"repost":{"id":"1189494600","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":1631710166,"share":"https://www.laohu8.com/m/news/1189494600?lang=&edition=full","pubTime":"2021-09-15 20:49","market":"us","language":"en","title":"Crypto stocks surged in premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1189494600","media":"Tiger Newspress","summary":"Crypto stocks surged in premarket trading.Canaan,Marathon Digital,Bit Digital,Riot Blockchain,Bit Mi","content":"<p>Crypto stocks surged in premarket trading.Canaan,Marathon Digital,Bit Digital,Riot Blockchain,Bit Mining,SoS Ltd,Square and Coinbase climbed between 0.6% and 4.9%.</p>\n<p><img src=\"https://static.tigerbbs.com/327fd78b7f70fc897563280664c8905f\" tg-width=\"398\" tg-height=\"663\" referrerpolicy=\"no-referrer\"></p>\n<p>Cathie Wood Expects Bitcoin to Rise to More Than $500,000 Over Next Five Years;</p>\n<p>Fidelity Pushed for Bitcoin ETF Approval in Private SEC Meeting;</p>\n<p>EU Targets Blockchain, Data in ‘Make or Break’ Tech Investment;</p>\n<p>Canaan Clocks 507% Revenue Growth In Q2, Expands Margin;</p>\n<p>Riot Blockchain stock price target raised to $82 from $51 at B. Riley.</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>Crypto stocks surged in premarket trading</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\">\nCrypto stocks surged in premarket trading\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\">2021-09-15 20:49</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Crypto stocks surged in premarket trading.Canaan,Marathon Digital,Bit Digital,Riot Blockchain,Bit Mining,SoS Ltd,Square and Coinbase climbed between 0.6% and 4.9%.</p>\n<p><img src=\"https://static.tigerbbs.com/327fd78b7f70fc897563280664c8905f\" tg-width=\"398\" tg-height=\"663\" referrerpolicy=\"no-referrer\"></p>\n<p>Cathie Wood Expects Bitcoin to Rise to More Than $500,000 Over Next Five Years;</p>\n<p>Fidelity Pushed for Bitcoin ETF Approval in Private SEC Meeting;</p>\n<p>EU Targets Blockchain, Data in ‘Make or Break’ Tech Investment;</p>\n<p>Canaan Clocks 507% Revenue Growth In Q2, Expands Margin;</p>\n<p>Riot Blockchain stock price target raised to $82 from $51 at B. Riley.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"EBON":"亿邦国际","SOS":"SOS Limited","NCTY":"第九城市","SQ":"Block","CAN":"嘉楠科技","COIN":"Coinbase Global, Inc.","MARA":"Marathon Digital Holdings Inc","BTBT":"Bit Digital, Inc.","RIOT":"Riot Platforms"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1189494600","content_text":"Crypto stocks surged in premarket trading.Canaan,Marathon Digital,Bit Digital,Riot Blockchain,Bit Mining,SoS Ltd,Square and Coinbase climbed between 0.6% and 4.9%.\n\nCathie Wood Expects Bitcoin to Rise to More Than $500,000 Over Next Five Years;\nFidelity Pushed for Bitcoin ETF Approval in Private SEC Meeting;\nEU Targets Blockchain, Data in ‘Make or Break’ Tech Investment;\nCanaan Clocks 507% Revenue Growth In Q2, Expands Margin;\nRiot Blockchain stock price target raised to $82 from $51 at B. Riley.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":817001520,"gmtCreate":1630888519860,"gmtModify":1631890078428,"author":{"id":"4090835245062940","authorId":"4090835245062940","name":"Xiaobaibaix","avatar":"https://static.tigerbbs.com/19263ccc92eb63259fac52b84116dbc7","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090835245062940","authorIdStr":"4090835245062940"},"themes":[],"htmlText":"Closed :(","listText":"Closed :(","text":"Closed :(","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/817001520","repostId":"1126654067","repostType":4,"repost":{"id":"1126654067","pubTimestamp":1630885254,"share":"https://www.laohu8.com/m/news/1126654067?lang=&edition=full","pubTime":"2021-09-06 07:40","market":"us","language":"en","title":"Is the U.S. stock market open on Labor Day?","url":"https://stock-news.laohu8.com/highlight/detail?id=1126654067","media":"MarketWatch","summary":"It is unofficially summer’s last hurrah for Wall Street investors.\nU.S. financial markets will be cl","content":"<p>It is unofficially summer’s last hurrah for Wall Street investors.</p>\n<p>U.S. financial markets will be closed for Labor Day on Monday, Sept. 6, marking a three-day weekend in the U.S., following what has been a mostly spectacular run for the stock market. The rally came despite concerns about the spread of the delta variant of the coronavirus and unease about the timetable for an eventual rollback of easy-money policies implemented by the Federal Reserve at the onset of the pandemic last year.</p>\n<p>On Monday, U.S. stock exchanges, including the Intercontinental Exchange Inc. -owned New York Stock Exchange and Nasdaq Inc.,will be closed, so don’t look for any action in individual stocks or indexes including the Dow Jones Industrial Average, S&P 500 or Nasdaq Composite indexes.</p>\n<p>The S&P 500 has already notched 54 record closing highs in 2021 and was looking for its 55th on Friday, while the Nasdaq Composite was on track to book its 35th all-time high of the year. The Dow stood less than a percentage point from its Aug. 16 record, mid-afternoon Friday.</p>\n<p>Sifma, the securities-industry trade group for fixed-income, also has recommended the bond market close on Labor Day, including trading in the 10-year Treasury note,which was yielding around 1.33% after the U.S. August jobs report came in weaker than expected.</p>\n<p>However, the Labor Department’s employment report,which showed that 235,000 jobs were created in August, far below expectations for more than 700,000, failed to dull expectations among sovereign debt investors for a near-term announcement of tapering of the Fed’s $120 billion in monthly purchases in Treasurys and mortgage-backed securities.</p>\n<p>Trading in most commodity futures, including Nymex crude-oil and Comex gold,on U.S. exchanges will also be halted Monday.</p>\n<p>Is there any significance to the holiday for average investors, besides the time off in the U.S. and the barbecues?</p>\n<p>Probably not.</p>\n<p>But the May Memorial Day to September Labor Day period in recent years has proven a bullish stretch one for investors, according to Dow Jones Market Data. The Dow, for example, is up by about 2% over that period and averages a gain of 1.3%, producing a winning record 65% of the time. The Dow is currently enjoying a win streak, over the past six Memorial Day/Labor Day periods, representing the longest win streak since 1989. Last year, the markets gained nearly 15% over that time.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f3f0f061a4ddd2ca31c53f8aa68e3cce\" tg-width=\"699\" tg-height=\"564\" width=\"100%\" height=\"auto\"><span>DOW JONES MARKET DATA</span></p>\n<p>The S&P 500 is on a similar win streak and is up nearly 8% so far this Memorial Day-Labor Day period. It has risen more than 70% over that period in past years and averages a 1.7% gain. The broad-market index rose 16% during that time in 2020.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0c780a46e32d055feb3e3f5e10fc987f\" tg-width=\"699\" tg-height=\"564\" width=\"100%\" height=\"auto\"><span>DOW JONES MARKET DATA</span></p>\n<p>But if there is a bona fide trend in the Labor Day trading it may be this one that MarketWatch’s Steve Goldstein reports, quoting Raymond James strategist Tavis McCourt, who says that in the last two years, there was a big value and cyclical bias in stock markets after the holiday, and in 2018, markets basically collapsed after the summer drew to a close.</p>\n<p>It is impossible to know if the stock market rally will peter out similarly this time around but there is a growing sense on Wall Street that valuations are too lofty and equity indexes are due for a pullback of at least 5% or better from current heights.</p>\n<p>Markets will be back to business as usual on Tuesday and, of course, European bourses, including London’s FTSE 100 index and the pan-European Stoxx Europe 600 will be open on Monday, as well as Asian markets, the Nikkei 225,Hong Kong’s Hang Seng and the Shanghai Composite Index.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is the U.S. stock market open on Labor Day?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs the U.S. stock market open on Labor Day?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-06 07:40 GMT+8 <a href=https://www.marketwatch.com/story/is-the-u-s-stock-market-open-on-labor-day-11630697597?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It is unofficially summer’s last hurrah for Wall Street investors.\nU.S. financial markets will be closed for Labor Day on Monday, Sept. 6, marking a three-day weekend in the U.S., following what has ...</p>\n\n<a href=\"https://www.marketwatch.com/story/is-the-u-s-stock-market-open-on-labor-day-11630697597?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","ICE":"洲际交易所",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.marketwatch.com/story/is-the-u-s-stock-market-open-on-labor-day-11630697597?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1126654067","content_text":"It is unofficially summer’s last hurrah for Wall Street investors.\nU.S. financial markets will be closed for Labor Day on Monday, Sept. 6, marking a three-day weekend in the U.S., following what has been a mostly spectacular run for the stock market. The rally came despite concerns about the spread of the delta variant of the coronavirus and unease about the timetable for an eventual rollback of easy-money policies implemented by the Federal Reserve at the onset of the pandemic last year.\nOn Monday, U.S. stock exchanges, including the Intercontinental Exchange Inc. -owned New York Stock Exchange and Nasdaq Inc.,will be closed, so don’t look for any action in individual stocks or indexes including the Dow Jones Industrial Average, S&P 500 or Nasdaq Composite indexes.\nThe S&P 500 has already notched 54 record closing highs in 2021 and was looking for its 55th on Friday, while the Nasdaq Composite was on track to book its 35th all-time high of the year. The Dow stood less than a percentage point from its Aug. 16 record, mid-afternoon Friday.\nSifma, the securities-industry trade group for fixed-income, also has recommended the bond market close on Labor Day, including trading in the 10-year Treasury note,which was yielding around 1.33% after the U.S. August jobs report came in weaker than expected.\nHowever, the Labor Department’s employment report,which showed that 235,000 jobs were created in August, far below expectations for more than 700,000, failed to dull expectations among sovereign debt investors for a near-term announcement of tapering of the Fed’s $120 billion in monthly purchases in Treasurys and mortgage-backed securities.\nTrading in most commodity futures, including Nymex crude-oil and Comex gold,on U.S. exchanges will also be halted Monday.\nIs there any significance to the holiday for average investors, besides the time off in the U.S. and the barbecues?\nProbably not.\nBut the May Memorial Day to September Labor Day period in recent years has proven a bullish stretch one for investors, according to Dow Jones Market Data. The Dow, for example, is up by about 2% over that period and averages a gain of 1.3%, producing a winning record 65% of the time. The Dow is currently enjoying a win streak, over the past six Memorial Day/Labor Day periods, representing the longest win streak since 1989. Last year, the markets gained nearly 15% over that time.\nDOW JONES MARKET DATA\nThe S&P 500 is on a similar win streak and is up nearly 8% so far this Memorial Day-Labor Day period. It has risen more than 70% over that period in past years and averages a 1.7% gain. The broad-market index rose 16% during that time in 2020.\nDOW JONES MARKET DATA\nBut if there is a bona fide trend in the Labor Day trading it may be this one that MarketWatch’s Steve Goldstein reports, quoting Raymond James strategist Tavis McCourt, who says that in the last two years, there was a big value and cyclical bias in stock markets after the holiday, and in 2018, markets basically collapsed after the summer drew to a close.\nIt is impossible to know if the stock market rally will peter out similarly this time around but there is a growing sense on Wall Street that valuations are too lofty and equity indexes are due for a pullback of at least 5% or better from current heights.\nMarkets will be back to business as usual on Tuesday and, of course, European bourses, including London’s FTSE 100 index and the pan-European Stoxx Europe 600 will be open on Monday, as well as Asian markets, the Nikkei 225,Hong Kong’s Hang Seng and the Shanghai Composite Index.","news_type":1},"isVote":1,"tweetType":1,"viewCount":139,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":815309447,"gmtCreate":1630640060789,"gmtModify":1631883903412,"author":{"id":"4090835245062940","authorId":"4090835245062940","name":"Xiaobaibaix","avatar":"https://static.tigerbbs.com/19263ccc92eb63259fac52b84116dbc7","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090835245062940","authorIdStr":"4090835245062940"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PFE\">$Pfizer(PFE)$</a>:(","listText":"<a href=\"https://laohu8.com/S/PFE\">$Pfizer(PFE)$</a>:(","text":"$Pfizer(PFE)$:(","images":[{"img":"https://static.tigerbbs.com/25d3691a60ef3c1aca1dda49d1ab3165","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/815309447","isVote":1,"tweetType":1,"viewCount":11,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":879123686,"gmtCreate":1636692508650,"gmtModify":1636692509102,"author":{"id":"4090835245062940","authorId":"4090835245062940","name":"Xiaobaibaix","avatar":"https://static.tigerbbs.com/19263ccc92eb63259fac52b84116dbc7","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090835245062940","authorIdStr":"4090835245062940"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>up up up uppp","listText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>up up up uppp","text":"$NIO Inc.(NIO)$up up up uppp","images":[{"img":"https://static.tigerbbs.com/e55a4d4d55e8d282c5ffba6f736e073b","width":"1080","height":"2424"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/879123686","isVote":1,"tweetType":1,"viewCount":741,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":858232208,"gmtCreate":1635055334144,"gmtModify":1635055334618,"author":{"id":"4090835245062940","authorId":"4090835245062940","name":"Xiaobaibaix","avatar":"https://static.tigerbbs.com/19263ccc92eb63259fac52b84116dbc7","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090835245062940","authorIdStr":"4090835245062940"},"themes":[],"htmlText":"GOOD VALUE HEHE","listText":"GOOD VALUE HEHE","text":"GOOD VALUE HEHE","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/858232208","repostId":"1100055241","repostType":4,"repost":{"id":"1100055241","pubTimestamp":1635040192,"share":"https://www.laohu8.com/m/news/1100055241?lang=&edition=full","pubTime":"2021-10-24 09:49","market":"us","language":"en","title":"Intel: Good Value Or Value Trap?","url":"https://stock-news.laohu8.com/highlight/detail?id=1100055241","media":"Seeking Alpha","summary":"Intel had a mixed earnings report that sent some investors running for the hills.The company beat earnings and actually raised guidance for 2021, but they signaled that supply chain issues remain and profitability in 2022 will be lower.After the sell-off, is Intel a good value or a value trap?The waters have been pretty rough for Intel Corp. investors over the past few years.It seems like every time the sun comes out...there is another storm right around the corner.As highlighted on the earning","content":"<p><b>Summary</b></p>\n<ul>\n <li>Intel had a mixed earnings report that sent some investors running for the hills.</li>\n <li>The company beat earnings and actually raised guidance for 2021, but they signaled that supply chain issues remain and profitability in 2022 will be lower.</li>\n <li>After the sell-off, is Intel a good value or a value trap?</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c02609041d90c055d66b217f06706d28\" tg-width=\"1536\" tg-height=\"1022\" referrerpolicy=\"no-referrer\"><span>4kodiak/iStock Unreleased via Getty Images</span></p>\n<p>The waters have been pretty rough for Intel Corp. (INTC) investors over the past few years.</p>\n<p>It seems like every time the sun comes out...there is another storm right around the corner.</p>\n<p>As highlighted on the earnings call last night, the next \"storm\" brewing for Intel is continued supply chain issues (component shortages in the PC business) and reduced near-term profitability from rising capital expenditure needs, which has sent the stock plummeting 11% this morning into the abyss.</p>\n<p><img src=\"https://static.tigerbbs.com/5bd612f6f25b6e86d7a72b38440d513f\" tg-width=\"640\" tg-height=\"449\" referrerpolicy=\"no-referrer\"></p>\n<p>However, buying the dips has actually been pretty lucrative in the recent past...if, of course, you were lucky enough to fade the rallies.</p>\n<p>To be fair, Intel has had its fair share of challenges this year, despite general tailwinds in the industry (i.e., chip demand far outpacing supply).</p>\n<p>Specifically, Intel has had some well-documented manufacturing blunders that have caused major delays and loss of some market share...mainly to Advanced Micro Devices (AMD).</p>\n<p>This has triggered concern amongst investors that the stock may be a potential \"value trap\" now.</p>\n<p>All that said, Intel is dedicated to spending $25 billion to $28 billion in 2022 and just broke ground on some new fabs.</p>\n<p>Personally, I don't think we are anywhere near peak demand for chips and I believe that Intel's fabrication capabilities are (and will continue to be) a huge advantage for the company for years to come.</p>\n<p>So how can we structure a trade to take advantage of the upside potential in the stock (after this pullback) while also protecting ourselves from more near-term downside (if any)?</p>\n<p><b>It's a perfect situation for a \"Triple Play\" trade!</b></p>\n<p>Intel Corp.</p>\n<p><b>Sector/Industry:</b>Technology/Semiconductors</p>\n<blockquote>\n Intel is the world's largest chipmaker. It designs and manufactures microprocessors for the global personal computer and data center markets. Intel pioneered the x86 architecture for microprocessors. It was the prime proponent of Moore's Law for advances in semiconductor manufacturing, though the firm has recently faced manufacturing delays. While Intel's server processor business has benefited from the shift to the cloud, the firm has also been expanding into new adjacencies as the personal computer market has stagnated. These include areas such as the Internet of Things, artificial intelligence, and automotive. Intel has been active on the merger and acquisitions front, acquiring Altera, Mobileye, and Habana Labs in order to bolster these efforts in non-PC arenas.\n</blockquote>\n<p><i>Source: YCharts</i></p>\n<p><b>Valuation/Upside Potential</b></p>\n<p>Intel looks extremely attractive from a valuation standpoint and is currently trading at a decent discount to all of its long-term valuation metrics (hence the high Value Ranking of 10).</p>\n<p>Specifically, Intel is trading at a nice discount to its historical P/E multiple on a forward basis (10.6x 2021 earnings).<i>Note that the company actually just increased its guidance for fiscal 2021 earnings to $5.28 per share</i>.</p>\n<p>That said, as supply chain worries decrease over time, we definitely think there could be some room for margin expansion in the future.</p>\n<p>If you put just a 12x-14x multiple on consensus forward earnings of $5.28 per share for FYE 2021, that would equate to a $63.00- $73.00 stock price (representing 25%-45% upside from current levels).</p>\n<p>Although it probably won't get there in a straight line...</p>\n<p><b>\"Triple Play\" Trade Analysis</b></p>\n<p>A \"Triple Play\" trade involves simultaneously selling a cash-secured put and a covered call on a stock that you own.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7e3af23e0208929d569a6e62a12a9607\" tg-width=\"640\" tg-height=\"360\" referrerpolicy=\"no-referrer\"><span>Source: Option Income Advisor</span></p>\n<p>Note that if you don't currently own INTC stock, you will want to buy it before you write the covered call.</p>\n<p>This trade will allow you to take advantage of the upside potential in the stock while also protecting some of the near-term downside (if any).</p>\n<p><b>Step 1: Sell Cash-Secured Puts (50% of position size)</b></p>\n<p>The first step of the Triple Play trade is to sell a cash-secured put on the stock for 50% of your target position size. For example, if you wanted to own 400 shares of INTC... you would sell 2 cash-secured put contract, which represents 200 shares of stock.</p>\n<p>The three main data points we look at when analyzing a cash-secured put trade are:</p>\n<ul>\n <li>Premium Yield % (or Average Monthly Yield %): Measure of expected return on capital assuming that the option expires worthless (out-of-the-money).<i>Assumes that the option is fully cash secured.</i></li>\n <li>Margin-of-Safety %: Measure of downside protection or the percentage that the underlying stock could decline and would still allow you to break even on the option trade.</li>\n <li>Delta: A good proxy for the probability that the put option will finish in-the-money.</li>\n</ul>\n<p><i>Note that there's always a negative correlation between Premium Yield and Margin of Safety: The higher the Premium Yield for a given strike month, the lower the Margin of Safety.</i></p>\n<p><i>Investors always should be honest with themselves about their risk tolerance. Selling CSPs can be adapted to suit your needs.</i></p>\n<p>As discussed in the video, we like the $45.00-$50.00 range for INTC in the near term. So we like the following cash-secured put:</p>\n<p><i><b>INTC Nov 19th $47.50.00 Put (28 days until expiration)</b></i></p>\n<ul>\n <li>Option Premium: ~$0.58 premium</li>\n <li>Average Monthly Yield %: 1.3% (15.6% annualized)</li>\n <li>Margin-of-Safety %: 4.2%</li>\n <li>Delta: 28</li>\n</ul>\n<p><b>Step 2: Buy the Stock (50% of position size)</b></p>\n<p><i>Note: At the time of publication, INTC was trading at $49.60. If you already own the stock, you can skip to Step 3.</i></p>\n<p>The second step of the Triple Play is to buy the stock (50% of your target position size). For example, if you wanted to own 400 shares of INTC... you would buy 200 shares of stock.</p>\n<p><b>Step 3: Sell Covered Calls On Your Stock Position (*optional*)</b></p>\n<p>A covered call strategy will help generate some short-term income, maintain some upside exposure, and mitigate some downside risk.</p>\n<p>With a covered call, you are agreeing to sell your stock at a higher price (your call option strike price) but you get to keep your call option premium either way.</p>\n<p>As discussed in the video, since we like the upside potential in the near term with INTC, you will want to give yourself some room for the stock to run.<b>So we would actually recommend waiting for the stock to trade a little higher before selling covered calls.</b></p>\n<p>That said, if you wanted to execute the covered calls today, I would certainly consider taking less premium income to preserve more potential upside profit. For example, the $53.00 call would give you an extra 0.5% of income per month (6.0% annualized)...which would essentially triple your dividend yield on the stock!</p>\n<p><i><b>INTC Nov 19th $53.00 Call (28 days until expiration)</b></i></p>\n<ul>\n <li>Option Premium: ~$0.25 premium</li>\n <li>Average Monthly Yield %: 0.5% (6.0% annualized)</li>\n <li>Upside Profit %: 7.4%</li>\n <li>Delta: 15</li>\n</ul>\n<p><b>Conclusion</b></p>\n<p>This Triple Play trade will allow you to take advantage of the upside potential in INTC stock while also giving you some downside cushion if shares trade lower in the near term. As the covered calls and cash-secured puts expire, you can rinse and repeat the Triple Play trade!</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Intel: Good Value Or Value Trap?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIntel: Good Value Or Value Trap?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-24 09:49 GMT+8 <a href=https://seekingalpha.com/article/4461530-intel-intc-stock-good-value-or-value-trap><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nIntel had a mixed earnings report that sent some investors running for the hills.\nThe company beat earnings and actually raised guidance for 2021, but they signaled that supply chain issues ...</p>\n\n<a href=\"https://seekingalpha.com/article/4461530-intel-intc-stock-good-value-or-value-trap\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"INTC":"英特尔"},"source_url":"https://seekingalpha.com/article/4461530-intel-intc-stock-good-value-or-value-trap","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100055241","content_text":"Summary\n\nIntel had a mixed earnings report that sent some investors running for the hills.\nThe company beat earnings and actually raised guidance for 2021, but they signaled that supply chain issues remain and profitability in 2022 will be lower.\nAfter the sell-off, is Intel a good value or a value trap?\n\n4kodiak/iStock Unreleased via Getty Images\nThe waters have been pretty rough for Intel Corp. (INTC) investors over the past few years.\nIt seems like every time the sun comes out...there is another storm right around the corner.\nAs highlighted on the earnings call last night, the next \"storm\" brewing for Intel is continued supply chain issues (component shortages in the PC business) and reduced near-term profitability from rising capital expenditure needs, which has sent the stock plummeting 11% this morning into the abyss.\n\nHowever, buying the dips has actually been pretty lucrative in the recent past...if, of course, you were lucky enough to fade the rallies.\nTo be fair, Intel has had its fair share of challenges this year, despite general tailwinds in the industry (i.e., chip demand far outpacing supply).\nSpecifically, Intel has had some well-documented manufacturing blunders that have caused major delays and loss of some market share...mainly to Advanced Micro Devices (AMD).\nThis has triggered concern amongst investors that the stock may be a potential \"value trap\" now.\nAll that said, Intel is dedicated to spending $25 billion to $28 billion in 2022 and just broke ground on some new fabs.\nPersonally, I don't think we are anywhere near peak demand for chips and I believe that Intel's fabrication capabilities are (and will continue to be) a huge advantage for the company for years to come.\nSo how can we structure a trade to take advantage of the upside potential in the stock (after this pullback) while also protecting ourselves from more near-term downside (if any)?\nIt's a perfect situation for a \"Triple Play\" trade!\nIntel Corp.\nSector/Industry:Technology/Semiconductors\n\n Intel is the world's largest chipmaker. It designs and manufactures microprocessors for the global personal computer and data center markets. Intel pioneered the x86 architecture for microprocessors. It was the prime proponent of Moore's Law for advances in semiconductor manufacturing, though the firm has recently faced manufacturing delays. While Intel's server processor business has benefited from the shift to the cloud, the firm has also been expanding into new adjacencies as the personal computer market has stagnated. These include areas such as the Internet of Things, artificial intelligence, and automotive. Intel has been active on the merger and acquisitions front, acquiring Altera, Mobileye, and Habana Labs in order to bolster these efforts in non-PC arenas.\n\nSource: YCharts\nValuation/Upside Potential\nIntel looks extremely attractive from a valuation standpoint and is currently trading at a decent discount to all of its long-term valuation metrics (hence the high Value Ranking of 10).\nSpecifically, Intel is trading at a nice discount to its historical P/E multiple on a forward basis (10.6x 2021 earnings).Note that the company actually just increased its guidance for fiscal 2021 earnings to $5.28 per share.\nThat said, as supply chain worries decrease over time, we definitely think there could be some room for margin expansion in the future.\nIf you put just a 12x-14x multiple on consensus forward earnings of $5.28 per share for FYE 2021, that would equate to a $63.00- $73.00 stock price (representing 25%-45% upside from current levels).\nAlthough it probably won't get there in a straight line...\n\"Triple Play\" Trade Analysis\nA \"Triple Play\" trade involves simultaneously selling a cash-secured put and a covered call on a stock that you own.\nSource: Option Income Advisor\nNote that if you don't currently own INTC stock, you will want to buy it before you write the covered call.\nThis trade will allow you to take advantage of the upside potential in the stock while also protecting some of the near-term downside (if any).\nStep 1: Sell Cash-Secured Puts (50% of position size)\nThe first step of the Triple Play trade is to sell a cash-secured put on the stock for 50% of your target position size. For example, if you wanted to own 400 shares of INTC... you would sell 2 cash-secured put contract, which represents 200 shares of stock.\nThe three main data points we look at when analyzing a cash-secured put trade are:\n\nPremium Yield % (or Average Monthly Yield %): Measure of expected return on capital assuming that the option expires worthless (out-of-the-money).Assumes that the option is fully cash secured.\nMargin-of-Safety %: Measure of downside protection or the percentage that the underlying stock could decline and would still allow you to break even on the option trade.\nDelta: A good proxy for the probability that the put option will finish in-the-money.\n\nNote that there's always a negative correlation between Premium Yield and Margin of Safety: The higher the Premium Yield for a given strike month, the lower the Margin of Safety.\nInvestors always should be honest with themselves about their risk tolerance. Selling CSPs can be adapted to suit your needs.\nAs discussed in the video, we like the $45.00-$50.00 range for INTC in the near term. So we like the following cash-secured put:\nINTC Nov 19th $47.50.00 Put (28 days until expiration)\n\nOption Premium: ~$0.58 premium\nAverage Monthly Yield %: 1.3% (15.6% annualized)\nMargin-of-Safety %: 4.2%\nDelta: 28\n\nStep 2: Buy the Stock (50% of position size)\nNote: At the time of publication, INTC was trading at $49.60. If you already own the stock, you can skip to Step 3.\nThe second step of the Triple Play is to buy the stock (50% of your target position size). For example, if you wanted to own 400 shares of INTC... you would buy 200 shares of stock.\nStep 3: Sell Covered Calls On Your Stock Position (*optional*)\nA covered call strategy will help generate some short-term income, maintain some upside exposure, and mitigate some downside risk.\nWith a covered call, you are agreeing to sell your stock at a higher price (your call option strike price) but you get to keep your call option premium either way.\nAs discussed in the video, since we like the upside potential in the near term with INTC, you will want to give yourself some room for the stock to run.So we would actually recommend waiting for the stock to trade a little higher before selling covered calls.\nThat said, if you wanted to execute the covered calls today, I would certainly consider taking less premium income to preserve more potential upside profit. For example, the $53.00 call would give you an extra 0.5% of income per month (6.0% annualized)...which would essentially triple your dividend yield on the stock!\nINTC Nov 19th $53.00 Call (28 days until expiration)\n\nOption Premium: ~$0.25 premium\nAverage Monthly Yield %: 0.5% (6.0% annualized)\nUpside Profit %: 7.4%\nDelta: 15\n\nConclusion\nThis Triple Play trade will allow you to take advantage of the upside potential in INTC stock while also giving you some downside cushion if shares trade lower in the near term. As the covered calls and cash-secured puts expire, you can rinse and repeat the Triple Play trade!","news_type":1},"isVote":1,"tweetType":1,"viewCount":62,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":868618506,"gmtCreate":1632638234705,"gmtModify":1632647413390,"author":{"id":"4090835245062940","authorId":"4090835245062940","name":"Xiaobaibaix","avatar":"https://static.tigerbbs.com/19263ccc92eb63259fac52b84116dbc7","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090835245062940","authorIdStr":"4090835245062940"},"themes":[],"htmlText":"Paypal weee","listText":"Paypal weee","text":"Paypal weee","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/868618506","repostId":"2170614636","repostType":4,"repost":{"id":"2170614636","pubTimestamp":1632636541,"share":"https://www.laohu8.com/m/news/2170614636?lang=&edition=full","pubTime":"2021-09-26 14:09","market":"us","language":"en","title":"3 Unstoppable Investments Everyone Needs in Their Portfolio","url":"https://stock-news.laohu8.com/highlight/detail?id=2170614636","media":"Motley Fool","summary":"It's much easier to remain a market leader than it is to become one, making these three names must-have holdings for nearly any investor.","content":"<p>When most investors are looking for new stocks to buy, they consider things like their risk tolerance, preferred holding periods, and the ultimate timeframe for reaching their goals. Since every investor is different, so too are the mixes of their holdings. Different stocks check off different boxes.</p>\n<p>There's a small handful of solid names, however, that could be at home in any investor's portfolio. Here's a rundown of three of the best of these all-purpose prospects.</p>\n<h2>Alphabet</h2>\n<p>It's not a company that needs much of an introduction. <b>Alphabet</b> (NASDAQ:GOOGL) (NASDAQ:GOOG) is of course parent to the world's most-used search engine, Google.</p>\n<p>What may not be fully appreciated by investors, however, is just how dominant Alphabet is within the search engine arena. GlobalStats' statcounter indicates Google is the go-to means of searching the web for almost 86% of the world's computers.</p>\n<p>It's not just on the search engine front where Alphabet dominates its respective market, either. It's the heavy hitter of mobile operating systems too, with Android installed on nearly 73% of the world's actively used smartphones and tablets.</p>\n<p>As was the case with search engines, that's a lead Alphabet has enjoyed for a while as well, positioning it perfectly to not only serve as a search engine on mobile devices (95% of them, again according to GlobalStats), but as the easiest platform for downloading apps and other revenue-bearing digital content. All told, Google alone accounts for almost 60% of Alphabet's total revenue.</p>\n<p>This is no small matter. While most industries change over time in a way that opens the door to new and better competition, the search business as we know it is likely here to stay. Ditto for mobility. Now that we've grown accustomed to remaining constantly connected, we're not apt to regress. Since we're already in the habit of \"Googling\" whatever we want to know and already familiar with the Android operating system, Google's dominance is well shielded for the indefinite future.</p>\n<h2>Walmart</h2>\n<p><b>Walmart</b> (NYSE:WMT) won't be winning any growth awards anytime soon. In fact, at the same time e-commerce giant <b>Amazon</b> is working to keep its growth in check, brick-and-mortar retailer <b>Target</b> is nipping at its heels. Many other companies would eventually crumble under such pressure.</p>\n<p><img src=\"https://static.tigerbbs.com/9d260a4116c191a67596a81db30e6216\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>Image source: Getty Images.</p>\n<p>What's largely underappreciated here, however, is the sheer strength of the grip Walmart has on the piece of the retail market that's just not going to move online.</p>\n<p>As of the most recent count, there are 10,524 Walmart stores peppered across the planet, with 4,740 conventional stores in the United States alone; that doesn't count the country's nearly 600 Sam's Club stores either. The company estimates that 90% of America's residents live within 10 miles of a Walmart, making it the most accessible physical retailer for roughly 300 million people.</p>\n<p>Walmart isn't resting on the laurels of its geographical reach, though. It's also evolving into a lifestyle company that consumers feel more personally connected to. Locally brewed beers, health clinics, subscription-based delivery service for online orders, curated third-party sellers at Walmart.com, high(er) fashion private label apparel, and technology-installation services are now part of the retailer's repertoire. None are game-changers in and of themselves, but all of them together make Walmart a very easy name to keep shopping with.</p>\n<p>These initiatives won't always translate into firm sales and profit growth, mind you. But they will more often than not, extending its streak of annual revenue growth that goes all the way back to the 1980s.</p>\n<h2><a href=\"https://laohu8.com/S/PYPL\">PayPal</a></h2>\n<p>Lastly, add <b>PayPal</b> (NASDAQ:PYPL) to your list of unstoppable stocks any investor could use to drive reliable long-term growth in their portfolio.</p>\n<p>Sure, other payment processing players have tiptoed onto PayPal's turf.<b> Square</b> has brilliantly penetrated the small merchant market that most payment middlemen were ignoring. Netherlands-based <b>Adyen</b> is carving out a respectable business outside of North America, although it's now making waves within the U.S. as well.</p>\n<p>At the end of the day, though, the first big name in online payments is still the best way for investors to plug into the growing disinterest in cash. PayPal still controls anywhere from 50% to more than 90% of the digital payment market, depending on how you count share and who's doing the counting.</p>\n<p>One thing's for sure. though. That is, regardless of how you tally it, PayPal isn't being dethroned. Indeed, in 2020 -- a year in which rivals had a prime opportunity to attract new users -- PayPal's total volume payment grew 31%, and the company added nearly another 73 million actively used accounts to bring the total to 377 million. Guidance suggests this full year's growth will be almost as impressive.</p>\n<p>Much like Walmart, however, PayPal is no longer limiting itself to its core payments business. The company is now reportedly eyeing ancillary businesses like stock trading after recently adding online savings accounts and cryptocurrency checkout to its app. The sky's the limit with these and other ventures that leverage the established brand name and its nearly 400 million active users.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Unstoppable Investments Everyone Needs in Their 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\">\n3 Unstoppable Investments Everyone Needs in Their Portfolio\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-26 14:09 GMT+8 <a href=https://www.fool.com/investing/2021/09/25/3-unstoppable-investments-everyone-needs-in-their/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>When most investors are looking for new stocks to buy, they consider things like their risk tolerance, preferred holding periods, and the ultimate timeframe for reaching their goals. Since every ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/09/25/3-unstoppable-investments-everyone-needs-in-their/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOG":"谷歌","GOOGL":"谷歌A"},"source_url":"https://www.fool.com/investing/2021/09/25/3-unstoppable-investments-everyone-needs-in-their/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2170614636","content_text":"When most investors are looking for new stocks to buy, they consider things like their risk tolerance, preferred holding periods, and the ultimate timeframe for reaching their goals. Since every investor is different, so too are the mixes of their holdings. Different stocks check off different boxes.\nThere's a small handful of solid names, however, that could be at home in any investor's portfolio. Here's a rundown of three of the best of these all-purpose prospects.\nAlphabet\nIt's not a company that needs much of an introduction. Alphabet (NASDAQ:GOOGL) (NASDAQ:GOOG) is of course parent to the world's most-used search engine, Google.\nWhat may not be fully appreciated by investors, however, is just how dominant Alphabet is within the search engine arena. GlobalStats' statcounter indicates Google is the go-to means of searching the web for almost 86% of the world's computers.\nIt's not just on the search engine front where Alphabet dominates its respective market, either. It's the heavy hitter of mobile operating systems too, with Android installed on nearly 73% of the world's actively used smartphones and tablets.\nAs was the case with search engines, that's a lead Alphabet has enjoyed for a while as well, positioning it perfectly to not only serve as a search engine on mobile devices (95% of them, again according to GlobalStats), but as the easiest platform for downloading apps and other revenue-bearing digital content. All told, Google alone accounts for almost 60% of Alphabet's total revenue.\nThis is no small matter. While most industries change over time in a way that opens the door to new and better competition, the search business as we know it is likely here to stay. Ditto for mobility. Now that we've grown accustomed to remaining constantly connected, we're not apt to regress. Since we're already in the habit of \"Googling\" whatever we want to know and already familiar with the Android operating system, Google's dominance is well shielded for the indefinite future.\nWalmart\nWalmart (NYSE:WMT) won't be winning any growth awards anytime soon. In fact, at the same time e-commerce giant Amazon is working to keep its growth in check, brick-and-mortar retailer Target is nipping at its heels. Many other companies would eventually crumble under such pressure.\n\nImage source: Getty Images.\nWhat's largely underappreciated here, however, is the sheer strength of the grip Walmart has on the piece of the retail market that's just not going to move online.\nAs of the most recent count, there are 10,524 Walmart stores peppered across the planet, with 4,740 conventional stores in the United States alone; that doesn't count the country's nearly 600 Sam's Club stores either. The company estimates that 90% of America's residents live within 10 miles of a Walmart, making it the most accessible physical retailer for roughly 300 million people.\nWalmart isn't resting on the laurels of its geographical reach, though. It's also evolving into a lifestyle company that consumers feel more personally connected to. Locally brewed beers, health clinics, subscription-based delivery service for online orders, curated third-party sellers at Walmart.com, high(er) fashion private label apparel, and technology-installation services are now part of the retailer's repertoire. None are game-changers in and of themselves, but all of them together make Walmart a very easy name to keep shopping with.\nThese initiatives won't always translate into firm sales and profit growth, mind you. But they will more often than not, extending its streak of annual revenue growth that goes all the way back to the 1980s.\nPayPal\nLastly, add PayPal (NASDAQ:PYPL) to your list of unstoppable stocks any investor could use to drive reliable long-term growth in their portfolio.\nSure, other payment processing players have tiptoed onto PayPal's turf. Square has brilliantly penetrated the small merchant market that most payment middlemen were ignoring. Netherlands-based Adyen is carving out a respectable business outside of North America, although it's now making waves within the U.S. as well.\nAt the end of the day, though, the first big name in online payments is still the best way for investors to plug into the growing disinterest in cash. PayPal still controls anywhere from 50% to more than 90% of the digital payment market, depending on how you count share and who's doing the counting.\nOne thing's for sure. though. That is, regardless of how you tally it, PayPal isn't being dethroned. Indeed, in 2020 -- a year in which rivals had a prime opportunity to attract new users -- PayPal's total volume payment grew 31%, and the company added nearly another 73 million actively used accounts to bring the total to 377 million. Guidance suggests this full year's growth will be almost as impressive.\nMuch like Walmart, however, PayPal is no longer limiting itself to its core payments business. The company is now reportedly eyeing ancillary businesses like stock trading after recently adding online savings accounts and cryptocurrency checkout to its app. The sky's the limit with these and other ventures that leverage the established brand name and its nearly 400 million active users.","news_type":1},"isVote":1,"tweetType":1,"viewCount":129,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}