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S.Korea targets Apple over new app store regulation

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Is Tesla's Stock Forecast Impacted By Rivian R1T Electric Truck?

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Why Bitcoin, Bitcoin Cash, and Shiba Inu Are All Skyrocketing Wednesday

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👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/872842470","isVote":1,"tweetType":1,"viewCount":550,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":824382806,"gmtCreate":1634279720129,"gmtModify":1634279720231,"author":{"id":"4092954016720550","authorId":"4092954016720550","name":"Ramesh78","avatar":"https://static.tigerbbs.com/3c0c1ebc7b58a181d8b45be1ce9b944a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/824382806","repostId":"2175191891","repostType":4,"repost":{"id":"2175191891","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":1634279654,"share":"https://www.laohu8.com/m/news/2175191891?lang=&edition=full","pubTime":"2021-10-15 14:34","market":"us","language":"en","title":"S.Korea targets Apple over new app store regulation","url":"https://stock-news.laohu8.com/highlight/detail?id=2175191891","media":"Reuters","summary":"SEOUL, Oct 15 (Reuters) - Apple Inc was on a collision course with South Korea on Friday over new re","content":"<p>SEOUL, Oct 15 (Reuters) - Apple Inc was on a collision course with South Korea on Friday over new requirements that it stop forcing app developers to use its payment systems, with a government official warning of a possible investigation into the iPhone maker's compliance.</p>\n<p>The development comes after South Korea amended the Telecommunication Business Act in August to try to curb the tech majors' market dominance and stop the big app store operators such as Apple and Alphabet Inc's Google from charging commissions on in-app purchases.</p>\n<p>The law went into effect last month but Apple had told the South Korean government that it was already complying and did not need to change its app store policy, a Korea Communications Commission (KCC) official in charge of the matter told Reuters.</p>\n<p>\"This goes against the purpose of the amended law,\" the official said, requesting anonymity as the KCC was still in talks with Apple on compliance.</p>\n<p>The regulator would ask Apple's South Korean unit for a new company policy giving greater autonomy in payment methods, and if Apple failed to comply, would consider measures such as a fact-finding probe as a precursor to possible fines or other penalties.</p>\n<p>Apple did not immediately reply to a request for comment.</p>\n<p>Google had informed the KCC that it planned to comply with the law, including allowing third-party payment systems, and would discuss the matter with the regulator starting next week, the KCC official said.</p>\n<p>Google did not immediately reply to a Reuters' request for comment.</p>\n<p>Jung Jong-chae, a lawyer specialising in antitrust matters, said Apple had more to lose than Google from the Korean regulation.</p>\n<p>\"Differences between Apple and Google in willingness to give ground may be because Apple controls everything from hardware to operating system (OS) to app market to payment system,\" he told Reuters.</p>\n<p>\"And (Apple) has more to lose if its dominance breaks on any front, which could lead to calls for openness on other fronts.\"</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>S.Korea targets Apple over new app store regulation</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{ 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padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nS.Korea targets Apple over new app store regulation\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\">2021-10-15 14:34</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>SEOUL, Oct 15 (Reuters) - Apple Inc was on a collision course with South Korea on Friday over new requirements that it stop forcing app developers to use its payment systems, with a government official warning of a possible investigation into the iPhone maker's compliance.</p>\n<p>The development comes after South Korea amended the Telecommunication Business Act in August to try to curb the tech majors' market dominance and stop the big app store operators such as Apple and Alphabet Inc's Google from charging commissions on in-app purchases.</p>\n<p>The law went into effect last month but Apple had told the South Korean government that it was already complying and did not need to change its app store policy, a Korea Communications Commission (KCC) official in charge of the matter told Reuters.</p>\n<p>\"This goes against the purpose of the amended law,\" the official said, requesting anonymity as the KCC was still in talks with Apple on compliance.</p>\n<p>The regulator would ask Apple's South Korean unit for a new company policy giving greater autonomy in payment methods, and if Apple failed to comply, would consider measures such as a fact-finding probe as a precursor to possible fines or other penalties.</p>\n<p>Apple did not immediately reply to a request for comment.</p>\n<p>Google had informed the KCC that it planned to comply with the law, including allowing third-party payment systems, and would discuss the matter with the regulator starting next week, the KCC official said.</p>\n<p>Google did not immediately reply to a Reuters' request for comment.</p>\n<p>Jung Jong-chae, a lawyer specialising in antitrust matters, said Apple had more to lose than Google from the Korean regulation.</p>\n<p>\"Differences between Apple and Google in willingness to give ground may be because Apple controls everything from hardware to operating system (OS) to app market to payment system,\" he told Reuters.</p>\n<p>\"And (Apple) has more to lose if its dominance breaks on any front, which could lead to calls for openness on other fronts.\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","GOOGL":"谷歌A"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2175191891","content_text":"SEOUL, Oct 15 (Reuters) - Apple Inc was on a collision course with South Korea on Friday over new requirements that it stop forcing app developers to use its payment systems, with a government official warning of a possible investigation into the iPhone maker's compliance.\nThe development comes after South Korea amended the Telecommunication Business Act in August to try to curb the tech majors' market dominance and stop the big app store operators such as Apple and Alphabet Inc's Google from charging commissions on in-app purchases.\nThe law went into effect last month but Apple had told the South Korean government that it was already complying and did not need to change its app store policy, a Korea Communications Commission (KCC) official in charge of the matter told Reuters.\n\"This goes against the purpose of the amended law,\" the official said, requesting anonymity as the KCC was still in talks with Apple on compliance.\nThe regulator would ask Apple's South Korean unit for a new company policy giving greater autonomy in payment methods, and if Apple failed to comply, would consider measures such as a fact-finding probe as a precursor to possible fines or other penalties.\nApple did not immediately reply to a request for comment.\nGoogle had informed the KCC that it planned to comply with the law, including allowing third-party payment systems, and would discuss the matter with the regulator starting next week, the KCC official said.\nGoogle did not immediately reply to a Reuters' request for comment.\nJung Jong-chae, a lawyer specialising in antitrust matters, said Apple had more to lose than Google from the Korean regulation.\n\"Differences between Apple and Google in willingness to give ground may be because Apple controls everything from hardware to operating system (OS) to app market to payment system,\" he told Reuters.\n\"And (Apple) has more to lose if its dominance breaks on any front, which could lead to calls for openness on other fronts.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":360,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":826626554,"gmtCreate":1634015664434,"gmtModify":1634015724948,"author":{"id":"4092954016720550","authorId":"4092954016720550","name":"Ramesh78","avatar":"https://static.tigerbbs.com/3c0c1ebc7b58a181d8b45be1ce9b944a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/826626554","repostId":"2174854361","repostType":4,"isVote":1,"tweetType":1,"viewCount":448,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":821918432,"gmtCreate":1633684979114,"gmtModify":1633684979290,"author":{"id":"4092954016720550","authorId":"4092954016720550","name":"Ramesh78","avatar":"https://static.tigerbbs.com/3c0c1ebc7b58a181d8b45be1ce9b944a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/821918432","repostId":"1154698505","repostType":4,"repost":{"id":"1154698505","pubTimestamp":1633678648,"share":"https://www.laohu8.com/m/news/1154698505?lang=&edition=full","pubTime":"2021-10-08 15:37","market":"us","language":"en","title":"Is Tesla's Stock Forecast Impacted By Rivian R1T Electric Truck?","url":"https://stock-news.laohu8.com/highlight/detail?id=1154698505","media":"Seeking Alpha","summary":"Summary\n\nTesla does not have a large model range right now and is thus dependent on new entrants suc","content":"<p><b>Summary</b></p>\n<ul>\n <li>Tesla does not have a large model range right now and is thus dependent on new entrants such as the Cybertruck - which recently got delayed.</li>\n <li>Peers are entering the highly attractive electric truck space way before Tesla, including Rivian with its R1T and Ford with the F-150 Lightning.</li>\n <li>This could hurt Tesla's brand image as well as its stock price, as Tesla has lost the first-mover advantage in this important future market.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ccf7c15134ff043f2c3df0d488a4f631\" tg-width=\"1536\" tg-height=\"1022\" width=\"100%\" height=\"auto\"><span>David Becker/Getty Images News</span></p>\n<p><b>Article Thesis</b></p>\n<p>Tesla, Inc.(NASDAQ:TSLA)is priced for massive growth over the coming years. The company's industry position is strong today, but competition is a concern. Rivian Automotive's (RIVN) R1T truck will gain a sizeable presence in the electric truck space, which could hurt the outlook for Tesla's Cybertruck that is still about two years away from mass production. Generally, this space should be large enough to accommodate several players a couple of years from now, but the fact that Tesla has lost its first-mover advantage is naturally not a positive. Overall, Tesla's shares seem pretty expensive for where the company stands today, but depending on market sentiment, shares may still run higher.</p>\n<p><b>Is Rivian Publicly Traded?</b></p>\n<p>Rivian Automotive is, so far, not publicly traded. The company plans to go public in the near term, however, as Rivian has filed theS-1for its initial public offering a couple of days ago. The company seeks to sell 10% of its shares for around $8 billion, which would value the company at $80 billion. For a company that has just recently started mass-producing its first model, that seems quite expensive, but then again, Rivian is backed by companies such as Amazon(NASDAQ:AMZN)and Ford(NYSE:F)and has a compelling product and the first-mover advantage in the electric truck market.</p>\n<p><b>How Is Rivian Different From Tesla?</b></p>\n<p>The two companies are active in the same industry, but there are vast differences between them. The most obvious one is the size and scale of the company -- Tesla is currently producing around 900,000 vehicles a year, while Rivian has just begun producing its first model. Tesla operates several factories across different continents and owns a network of stores and superchargers, while the same is not true for Rivian. Last but not least, Tesla is ambitious to become a major player in energy storage, solar, etc. These ventures are not profitable yet, which limits the current value of these business units, but Tesla is clearly more diversified across the whole \"new energy\" industry compared to Rivian, which is an EV manufacturer solely.</p>\n<p>Tesla's way larger size and established operations also lead to another important difference -- Tesla is, unlike Rivian, profitable and able to self-fund its operations and capital expenditures, which makes it less dependent on capital markets. Rivian will, for the foreseeable future, rely on capital markets to fund its future growth.</p>\n<p><b>Will Tesla Be Impacted By Rivian's R1T Truck?</b></p>\n<p>Tesla has, in the past, grown its production volumes and revenues reliably through two growth drivers: The introduction of new models, and through increasing sales volumes for its existing models. Over the last couple of quarters, almost all of Tesla's sales stemmed from Model 3 and Model Y sales, as X and S sales took a backseat. Future growth will likely be driven by increasing sales of Tesla's 3 and Y models, but the company is also dependent on the introduction of new models to some degree. The Roadster 2 will not be a volume model, but a lot of hope rests on Tesla's Cybertruck. The Cybertruck, which was presented in 2019, will go into production towards the end of 2022, according to CEO&nbsp;Elon Musk. Mass production, however, is still further away, and targeted for the end of 2023, or about two years from now.</p>\n<p>When we consider the fact that Tesla has oftentimes missed its own timelines, be it robo-taxis, the Roadster 2, or others, it seems possible that the Cybertruck will be delayed further, and may not be mass-produced before 2024. This would be the case if Tesla misses current estimates by a couple of months, which wouldn't be an overly large surprise. By that time, Rivian will have produced its R1T truck for a couple of years, and others will have entered the attractive electric truck market as well. Ford, for example, is on track to bring its F-150 Lighting to the market soon, as&nbsp;pre-production&nbsp;started in September, and market entry is just a matter of months.</p>\n<p>The competition from Rivian's R1T and Ford's F-150 could impact Tesla in several ways. First, the fact that the Cybertruck will be late to the market relative to competitors' products will mean that those customers that are very eager to buy an electric truck will go with Rivian or Ford, and not Tesla. Those very eager customers do likely include many that are willing to pay above-average prices, which will allow Ford and Rivian to absorb buying power that is then not available for Tesla when it brings out its Cybertruck two years later.</p>\n<p>On top of that, the fact that the R1T and the F-150 Lighting will be on the roads well before the Cybertruck is available could hurt Tesla's image as a key electric truck manufacturer. Tesla has the brand advantage in EVs, generally, thanks to its first-mover advantage. But with it being late in the truck space, this first-mover advantage and the increased brand recognition could fall to Rivian and Ford instead of Tesla. As long as Rivian's and Ford's products satisfy customers (which is not guaranteed), truck buyers might build brand loyalty with Rivian and Ford, which could hurt Tesla's ability to sell its Cybertruck and future electric trucks in the long run. Once the opportunity to be a first-mover is missed, others have the advantage, similar to how Tesla has an advantage in selling electric cars today.</p>\n<p>Last but not least, successful launches by Rivian and Ford could also impact Tesla's stock valuation. In case both Rivian and Ford are able to scale up production well and sell large amounts of electric trucks before the Cybertruck is released, investors interested in EV stocks may start to divert away from Tesla. If Rivian is successful in rolling out an electric truck well before Tesla, some current Tesla shareholders may decide to go with Rivian instead, or to split investments between the two companies. This could, in turn, lead to lower demand for Tesla's shares and to some selling pressure, which would be a negative for TSLA stock.</p>\n<p>None of these is guaranteed, and it is, of course, possible that Tesla beats its own timeline and that the Cybertruck will be made available sooner than expected. It is also possible that manufacturing problems for the R1T or the F-150 Lightning emerge, which would mean that Tesla has more time to catch up. But for now it looks like Rivian and Ford are in the leadership position in the electric truck space, and Tesla being behind its competitors naturally is a negative for the company and its stock. This could hurt demand for the Cybertruck, hurt Tesla's brand image as a technological leader and first-mover, and it could make its shares less compelling relative to those of other EV manufacturers.</p>\n<p><b>Is Tesla Stock A Buy, Sell, Or Hold?</b></p>\n<p>The electric truck space will be large enough to allow several players to do well a couple of years from now, thus Tesla being behind with its Cybertruck does not mean that the model will not sell well. But it is still important to know whether a company will hold a 30% market share or a 20% market share, for example, five years from now. With Tesla being behind competitors, I do believe that it is not very likely that Tesla will dominate the US electric truck space the same way it dominates the US electric car space today.</p>\n<p>Tesla will still see its volumes and revenue grow over the coming years, but growth may not be meaningful enough to justify the current valuation. Tesla is forecasted to generate revenue of $51 billion this year, $67 billion in 2022, and $83 billion in 2023:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9c2d74e02403e2b6edbc187bf103c6bb\" tg-width=\"635\" tg-height=\"467\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p>\n<p>This equates to a growth rate of 31% next year and 24% in 2023. Note that expected revenue growth is less than the 50% average volume growth expected by Tesla, due to the fact that current analyst models predict that Tesla may not be able to deliver on that goal, while average sales price compression could also be a headwind for revenue growth. Overall, revenue growth in the 20%-30% range is still attractive, of course, compared to legacy auto players that do not manage to grow this meaningfully.</p>\n<p>With 1.12 billion diluted shares, Tesla is currently valued at $875 billion, which equates to a forward sales multiple of 17. Likewise, the sales multiples for 2022 and 2023 stand at 13 and 11, respectively. These are not only very high valuations relative to legacy auto makers, but even relative to some of the other EV players. NIO(NYSE:NIO)and XPeng(NYSE:XPEV), for example, which are growing faster than Tesla, are both valued at 6x 2022's expected revenue today, which makes for a little less than half of Tesla's valuation. Lucid(NASDAQ:LCID), which is a pretty new market entrant, and which should grow faster than Tesla on a relative basis over the coming years, is valued at&nbsp;10x&nbsp;2023's expected revenue, versus Tesla's 11x 2023's expected revenue. Overall, I do thus believe that Tesla's shares are too expensive at current prices. This does not at all mean that Tesla is a bad company or that the company will not generate any business growth, but valuations should always be considered. The fact that Tesla is way behind competitors in the electric truck segment is another reason, for me, to believe that Tesla's current valuation is too high -- shares are priced for perfection, and Tesla is far from being perfect, even though the company is solid for sure.</p>\n<p>Tesla's overly high valuation versus legacy players with growing EV businesses, such as Ford or Volkswagen(OTCPK:VWAGY), and Tesla's premium valuation versus higher-growth EV peers makes me believe that shares are an avoid at current prices. Locking in gains could be a good idea for those that are long the stock.</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>Is Tesla's Stock Forecast Impacted By Rivian R1T Electric Truck?</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 Tesla's Stock Forecast Impacted By Rivian R1T Electric Truck?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-08 15:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4458901-tesla-stock-forecast-rivian-r1t-electric-truck><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nTesla does not have a large model range right now and is thus dependent on new entrants such as the Cybertruck - which recently got delayed.\nPeers are entering the highly attractive electric ...</p>\n\n<a href=\"https://seekingalpha.com/article/4458901-tesla-stock-forecast-rivian-r1t-electric-truck\">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://seekingalpha.com/article/4458901-tesla-stock-forecast-rivian-r1t-electric-truck","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154698505","content_text":"Summary\n\nTesla does not have a large model range right now and is thus dependent on new entrants such as the Cybertruck - which recently got delayed.\nPeers are entering the highly attractive electric truck space way before Tesla, including Rivian with its R1T and Ford with the F-150 Lightning.\nThis could hurt Tesla's brand image as well as its stock price, as Tesla has lost the first-mover advantage in this important future market.\n\nDavid Becker/Getty Images News\nArticle Thesis\nTesla, Inc.(NASDAQ:TSLA)is priced for massive growth over the coming years. The company's industry position is strong today, but competition is a concern. Rivian Automotive's (RIVN) R1T truck will gain a sizeable presence in the electric truck space, which could hurt the outlook for Tesla's Cybertruck that is still about two years away from mass production. Generally, this space should be large enough to accommodate several players a couple of years from now, but the fact that Tesla has lost its first-mover advantage is naturally not a positive. Overall, Tesla's shares seem pretty expensive for where the company stands today, but depending on market sentiment, shares may still run higher.\nIs Rivian Publicly Traded?\nRivian Automotive is, so far, not publicly traded. The company plans to go public in the near term, however, as Rivian has filed theS-1for its initial public offering a couple of days ago. The company seeks to sell 10% of its shares for around $8 billion, which would value the company at $80 billion. For a company that has just recently started mass-producing its first model, that seems quite expensive, but then again, Rivian is backed by companies such as Amazon(NASDAQ:AMZN)and Ford(NYSE:F)and has a compelling product and the first-mover advantage in the electric truck market.\nHow Is Rivian Different From Tesla?\nThe two companies are active in the same industry, but there are vast differences between them. The most obvious one is the size and scale of the company -- Tesla is currently producing around 900,000 vehicles a year, while Rivian has just begun producing its first model. Tesla operates several factories across different continents and owns a network of stores and superchargers, while the same is not true for Rivian. Last but not least, Tesla is ambitious to become a major player in energy storage, solar, etc. These ventures are not profitable yet, which limits the current value of these business units, but Tesla is clearly more diversified across the whole \"new energy\" industry compared to Rivian, which is an EV manufacturer solely.\nTesla's way larger size and established operations also lead to another important difference -- Tesla is, unlike Rivian, profitable and able to self-fund its operations and capital expenditures, which makes it less dependent on capital markets. Rivian will, for the foreseeable future, rely on capital markets to fund its future growth.\nWill Tesla Be Impacted By Rivian's R1T Truck?\nTesla has, in the past, grown its production volumes and revenues reliably through two growth drivers: The introduction of new models, and through increasing sales volumes for its existing models. Over the last couple of quarters, almost all of Tesla's sales stemmed from Model 3 and Model Y sales, as X and S sales took a backseat. Future growth will likely be driven by increasing sales of Tesla's 3 and Y models, but the company is also dependent on the introduction of new models to some degree. The Roadster 2 will not be a volume model, but a lot of hope rests on Tesla's Cybertruck. The Cybertruck, which was presented in 2019, will go into production towards the end of 2022, according to CEO Elon Musk. Mass production, however, is still further away, and targeted for the end of 2023, or about two years from now.\nWhen we consider the fact that Tesla has oftentimes missed its own timelines, be it robo-taxis, the Roadster 2, or others, it seems possible that the Cybertruck will be delayed further, and may not be mass-produced before 2024. This would be the case if Tesla misses current estimates by a couple of months, which wouldn't be an overly large surprise. By that time, Rivian will have produced its R1T truck for a couple of years, and others will have entered the attractive electric truck market as well. Ford, for example, is on track to bring its F-150 Lighting to the market soon, as pre-production started in September, and market entry is just a matter of months.\nThe competition from Rivian's R1T and Ford's F-150 could impact Tesla in several ways. First, the fact that the Cybertruck will be late to the market relative to competitors' products will mean that those customers that are very eager to buy an electric truck will go with Rivian or Ford, and not Tesla. Those very eager customers do likely include many that are willing to pay above-average prices, which will allow Ford and Rivian to absorb buying power that is then not available for Tesla when it brings out its Cybertruck two years later.\nOn top of that, the fact that the R1T and the F-150 Lighting will be on the roads well before the Cybertruck is available could hurt Tesla's image as a key electric truck manufacturer. Tesla has the brand advantage in EVs, generally, thanks to its first-mover advantage. But with it being late in the truck space, this first-mover advantage and the increased brand recognition could fall to Rivian and Ford instead of Tesla. As long as Rivian's and Ford's products satisfy customers (which is not guaranteed), truck buyers might build brand loyalty with Rivian and Ford, which could hurt Tesla's ability to sell its Cybertruck and future electric trucks in the long run. Once the opportunity to be a first-mover is missed, others have the advantage, similar to how Tesla has an advantage in selling electric cars today.\nLast but not least, successful launches by Rivian and Ford could also impact Tesla's stock valuation. In case both Rivian and Ford are able to scale up production well and sell large amounts of electric trucks before the Cybertruck is released, investors interested in EV stocks may start to divert away from Tesla. If Rivian is successful in rolling out an electric truck well before Tesla, some current Tesla shareholders may decide to go with Rivian instead, or to split investments between the two companies. This could, in turn, lead to lower demand for Tesla's shares and to some selling pressure, which would be a negative for TSLA stock.\nNone of these is guaranteed, and it is, of course, possible that Tesla beats its own timeline and that the Cybertruck will be made available sooner than expected. It is also possible that manufacturing problems for the R1T or the F-150 Lightning emerge, which would mean that Tesla has more time to catch up. But for now it looks like Rivian and Ford are in the leadership position in the electric truck space, and Tesla being behind its competitors naturally is a negative for the company and its stock. This could hurt demand for the Cybertruck, hurt Tesla's brand image as a technological leader and first-mover, and it could make its shares less compelling relative to those of other EV manufacturers.\nIs Tesla Stock A Buy, Sell, Or Hold?\nThe electric truck space will be large enough to allow several players to do well a couple of years from now, thus Tesla being behind with its Cybertruck does not mean that the model will not sell well. But it is still important to know whether a company will hold a 30% market share or a 20% market share, for example, five years from now. With Tesla being behind competitors, I do believe that it is not very likely that Tesla will dominate the US electric truck space the same way it dominates the US electric car space today.\nTesla will still see its volumes and revenue grow over the coming years, but growth may not be meaningful enough to justify the current valuation. Tesla is forecasted to generate revenue of $51 billion this year, $67 billion in 2022, and $83 billion in 2023:\nData by YCharts\nThis equates to a growth rate of 31% next year and 24% in 2023. Note that expected revenue growth is less than the 50% average volume growth expected by Tesla, due to the fact that current analyst models predict that Tesla may not be able to deliver on that goal, while average sales price compression could also be a headwind for revenue growth. Overall, revenue growth in the 20%-30% range is still attractive, of course, compared to legacy auto players that do not manage to grow this meaningfully.\nWith 1.12 billion diluted shares, Tesla is currently valued at $875 billion, which equates to a forward sales multiple of 17. Likewise, the sales multiples for 2022 and 2023 stand at 13 and 11, respectively. These are not only very high valuations relative to legacy auto makers, but even relative to some of the other EV players. NIO(NYSE:NIO)and XPeng(NYSE:XPEV), for example, which are growing faster than Tesla, are both valued at 6x 2022's expected revenue today, which makes for a little less than half of Tesla's valuation. Lucid(NASDAQ:LCID), which is a pretty new market entrant, and which should grow faster than Tesla on a relative basis over the coming years, is valued at 10x 2023's expected revenue, versus Tesla's 11x 2023's expected revenue. Overall, I do thus believe that Tesla's shares are too expensive at current prices. This does not at all mean that Tesla is a bad company or that the company will not generate any business growth, but valuations should always be considered. The fact that Tesla is way behind competitors in the electric truck segment is another reason, for me, to believe that Tesla's current valuation is too high -- shares are priced for perfection, and Tesla is far from being perfect, even though the company is solid for sure.\nTesla's overly high valuation versus legacy players with growing EV businesses, such as Ford or Volkswagen(OTCPK:VWAGY), and Tesla's premium valuation versus higher-growth EV peers makes me believe that shares are an avoid at current prices. Locking in gains could be a good idea for those that are long the stock.","news_type":1},"isVote":1,"tweetType":1,"viewCount":309,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":821918161,"gmtCreate":1633684923516,"gmtModify":1633684923640,"author":{"id":"4092954016720550","authorId":"4092954016720550","name":"Ramesh78","avatar":"https://static.tigerbbs.com/3c0c1ebc7b58a181d8b45be1ce9b944a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/821918161","repostId":"1135993400","repostType":4,"repost":{"id":"1135993400","pubTimestamp":1633675137,"share":"https://www.laohu8.com/m/news/1135993400?lang=&edition=full","pubTime":"2021-10-08 14:38","market":"us","language":"en","title":"September Payrolls Preview: It Will Be A Beat, The Question Is How Big","url":"https://stock-news.laohu8.com/highlight/detail?id=1135993400","media":"zerohedge","summary":"After a strong initial claims report and a solid ADP private payrolls print, all eyes turn to the mo","content":"<p>After a strong initial claims report and a solid ADP private payrolls print, all eyes turn to the most important economic data point of the week, and the month, Friday's nonfarm payrolls report due at 830am ET on Friday, where consensus expects a 500K print- more than double last month's disappointing 235K print - as well as a drop in the unemployment rate to 5.1% and an increase in average hourly earnings to 4.6%. And unlike last month, when wecorrectly predicted the big miss in August payrolls, this time we agree that tomorrow's report will be a beat, the only question is how big.</p>\n<p>Here is a snapshot of what to expect tomorrow:</p>\n<ul>\n <li>Total Payrolls: 500K, Last 235K</li>\n <li>Private Payrolls: 450K, Last 243K</li>\n <li>Unemployment Rate: 5.1%, Last 5.2%</li>\n <li>Labor force participation rate: 61.8%, Last 61.7%</li>\n <li>Average Hourly Earnings Y/Y: 4.6%, Last 4.3%</li>\n <li>Average Weekly Hours: 34.7, Last 34.7</li>\n</ul>\n<p>As&nbsp;Newsquawk&nbsp;writes in its NFP preview, September’s jobs data, the last before the Fed’s November 3rd policy meeting, will be framed in the context of the central bank’s expected taper announcement, where a merely satisfactory report would likely to be enough for the FOMC to greenlight a November announcement to scale-back its USD 120BN/month asset purchases.</p>\n<p>Goldman economists are more bullish than normal, and estimate nonfarm payrolls rose 600k in September, above consensus of +500k, and they note that \"labor demand remains very strong,&nbsp;<b>and we believe the nationwide expiration of enhanced unemployment beneﬁts on September 5 boosted effective labor supply and job growth—as it did in July and August in states that ended federal beneﬁts early.\"</b>As a result, Goldman is assuming a 200k boost in tomorrow’s numbers and a larger boost in October. The bank also believes the reopening of schools contributed to September job growth, by around 150k. Despite these tailwinds, Big Data employment signals were mixed, and dining activity rebounded only marginally.</p>\n<p>Labor market proxies have been constructive for the month: ADP’s gauge of payrolls surprised to the upside, although analysts continue to note that the direct relationship between the official data and the ADP’s gauge is tenuous, despite the gap being under 100k over the last three reports. The number of initial jobless claims and continuing claims has eased back between the survey periods of the August and September jobs data, although analysts note that more recent releases have shown an uptick in claims potentially clouding the outlook. The ISM business surveys have signaled employment growth in the month, with manufacturing employment rising into growth territory again, but services sector hiring cooled a little in the month, but remains expansionary; survey commentary continues to allude to a tight labour market. The Bureau of Labor Statistics will release the September employment situation report at 13:30BST/08:30EDT on October 8th.</p>\n<p><b>POLICY</b>: The September jobs report might have reduced relevance on trading conditions given that Fed officials have effectively confirmed that, barring a collapse in the jobs data, it is on course to announce a tapering of its asset purchases at the November 3rd meeting. Accordingly, trading risks may be skewed to the downside, rather than to the upside, where a significant payrolls miss may present obstacles to the Fed announcing its taper. Additionally, it is worth being cognizant of how efforts in Washington to raise the debt ceiling are progressing; as yet, officials have not struck a deal, and are in the process of enacting stop gap legislation to allow funding into December; some analysts suggest that the Fed may be reticent to tighten policy in the face of potential default risks.</p>\n<p><b>PAYROLLS:</b>The consensus looks for 500k nonfarm payrolls to be added to the US economy in September (prev. 235k), which would be a cooler rate of growth than the three- and six-month average rate, though in line with the 12-month average (3-month average is 750k/month, the six-month average is 653k/month, and the 12-month average is 503k/month – that technically at least suggests an improving rate of payrolls growth in recent months).<b>Aggregating the nonfarm payrolls data since March 2020, around 5.33mln Americans remain out of work relative to pre-pandemic levels.</b></p>\n<p><b>MEASURES OF SLACK:</b>The Unemployment Rate is expected at 5.1% (prev. 5.2%); Labour Force Participation previously at 61.7% vs 63.2% pre-pandemic; U6 measure of underemployment was previously at 8.8% vs 7.0% prepandemic; Employment-population ratio was previously 58.5% vs 61.1% pre-pandemic. These measures of slack are likely to provide more insight into how Fed officials are judging labour market progress, with many in recent months noting that they are closely watching the Underemployment Rate, Participation Rate, and the Employment-Population Ratio for a better handle on the level of slack that remains in the economy. Analysts would be encouraged the closer these get to pre-pandemic levels.</p>\n<p><b>EARNINGS:</b>Average Hourly Earnings expected at +0.4% M/M (prev. +0.6%); Average Hourly Earnings expected at +4. 6% Y/Y (prev. +4.3%); Average Workweek Hours expected at 34.7hrs (prev. 34.7hrs). Aggregating the nonfarm payrolls data since March 2020, around 5.33mln Americans still remain out of work relative to pre-pandemic levels.</p>\n<p><b>ADP:</b>The ADP National Employment Report showed 568k jobs added to the US economy in September, topping expectations for 428k, and a better pace than the prior 340k (revised down from 374k initially reported). ADP itself said that the labor market recovery continued to make progress despite the marked slowdown in the rate of job additions from the 748k pace seen in Q2. It also noted that Leisure &amp; Hospitality remained one of the biggest beneficiaries to the recovery, though said that hiring was still heavily impacted by the trajectory of the pandemic, especially for small firms. ADP thinks that the current bottlenecks in hiring will likely fade as the pandemic situation continues to improve, and that could set the stage for solid job gains in the months ahead. On the data methodology, analysts continue to note that ADP's model incorporates much of the prior official payrolls data, other macroeconomic variables, as well as data from its own payrolls platform; \"Payrolls were soft in August, thanks to the hit to the services sector from the Delta variant, and that weakness likely constrained ADP data,\" Pantheon Macroeconomics said. \"The overshoot to consensus, therefore, suggests that the other inputs to ADP’s model were stronger than we expected, but none of the details are published, so we don’t know if the overshoot was model-driven or due to stronger employment data at ADP’s clients.\"</p>\n<p><b>INITIAL JOBLESS CLAIMS:</b>Initial jobless claims data for the week that coincides with the BLS jobs report survey window saw claims at around 351k – little changed from the 349k for the August jobs data survey window – where analysts said seasonal factors played a role in boosting the weekly data, while there may have been some lingering Hurricane Ida effects; the corresponding continuing claims data has fallen to 2.802mln in the September survey period vs 2.908mln in the August survey period. In aggregate, the data continues to point to declining trend, although in recent weeks the level of jobless claims has been picking up again.</p>\n<p><b>BUSINESS SURVEYS</b>: The Services and Manufacturing ISM reports showed divergent trends in September, with the service sector employment sub-index easing a little to 53.0 from 53.7, signalling growth but at a slower rate, while the manufacturing employment sub-index rose back into expansionary territory, printing 50.2 from 49.0 prior. On the manufacturing sector, ISM said companies were still struggling to meet labour-management plans, but noted some modest signs of progress compared to previous months: \"Less than 5% of comments noted improvements regarding employment, compared to none in August,\" it said, \"an overwhelming majority of panelists indicate their companies are hiring or attempting to hire,\" where around 85% of responses were about seeking additional staffing, while nearly half of the respondents expressed difficulty in filling positions, an increase from August. \"The increasing frequency of comments on turnover rates and retirements continued a trend that began in August,\" ISM said. Meanwhile, in the services sector, employment activity rose for a third straight month; respondents noted that employees were flocking to better-paying jobs and there was a lack of pipeline to replace these staff, while other respondents talked of labor shortages being experienced at all levels.</p>\n<p><b>ARGUING FOR A BETTER-THAN-EXPECTED REPORT</b>:</p>\n<ul>\n <li><b>End of federal enhanced unemployment beneﬁts</b>. The expiration of federal beneﬁts in some states boosted labor supply and job-ﬁnding rates over the summer, and all remaining such programs expired on September 5. The July and August indicated a cumulative 6pp boost to job-ﬁnding probabilities from June to August for workers losing $300 top-up payments and a 12pp boost for workers losing all beneﬁts.<b>Some of the 6mn workers who lost some or all beneﬁts on September 5 got a job by September 18—in time to be counted in tomorrow’s data.</b>Goldman assumes a +200k boost to job growth from this channel, with a larger increase in subsequent reports (+1.3mn cumulatively by year end).</li>\n</ul>\n<p><img src=\"https://static.tigerbbs.com/fa8e5900cf66c76d4b64055f84e58048\" tg-width=\"630\" tg-height=\"428\" referrerpolicy=\"no-referrer\"></p>\n<ul>\n <li><b>School reopening</b>. The largest 100 school districts are all open for in-person learning, catalyzing the return of many previously furloughed teachers and support staff. While full normalization of employment levels would contribute 600k jobs (mom sa, see left panel of the chart below), some janitors and support staff did not return due to hybrid teaching models, and job openings in the sector are only 200k above the pre-crisis level (see right panel). Relatedly, the BLS’s seasonal factors already embed the usual rehiring of education workers on summer layoff, so if fewer janitors returned to work than in a typical September, this would reduce seasonally adjusted job growth, other things equal. Taken together, assume a roughly 150k boost from the reopening of schools in tomorrow’s report.</li>\n</ul>\n<p><img src=\"https://static.tigerbbs.com/ff3e69723b40e0d372ec2bebecb38b1f\" tg-width=\"799\" tg-height=\"376\" referrerpolicy=\"no-referrer\"></p>\n<ul>\n <li><b>Job availability</b>. The Conference Board labor differential—the difference between the percent of respondents saying jobs are plentiful and those saying jobs are hardto get - edged down to 42.5 from 44.4, still an elevated level. Additionally, JOLTS job openings increased by 749k in July to a new record high of 10.9mn.</li>\n <li><b>ADP.</b>Private sector employment in the ADP report increased by 568k in September, above consensus expectations for a 430k gain, implying strong growth in the underlying ADP sample. Additionally, schools generally do not use ADP payroll software, arguing for a larger gain from school reopening in the official payroll measure.</li>\n</ul>\n<p><b>ARGUING FOR A WEAKER-THAN-EXPECTED REPORT:</b></p>\n<ul>\n <li><b>Delta variant.</b>Rebounding covid infection rates weighed on services consumption and the labor market in August. And while US case counts began to decline in early September, restaurant seatings on Open Table rebounded only marginally. leisure and hospitality employment rose in September, but probably not at the ~400k monthly pace of June and July.</li>\n <li><b>Employer surveys</b>. The employment components of our business surveys were flat to down, whereas we and consensus forecast a pickup in job growth. Goldman's services survey employment tracker remained unchanged at 54.5 and the manufacturing survey employment tracker declined 0.4pt to 57.8. And while the Goldman Sachs Analyst Index (GSAI) decreased 0.8% to 68.5, the employment component rose1.9% to 71.9.</li>\n</ul>\n<p><b>NEUTRAL FACTORS:</b></p>\n<ul>\n <li><b>Big Data.</b>High-frequency data on the labor market were mixed between the August and September survey weeks, on net providing little guidance about the underlying pace of job growth. Three of the five measures tracked indicate an at-or-above-consensus gain (Census Small Business Pulse +0.5mn, ADP +0.6mn,Google mobility +2mn), but the Homebase data was an outlier to the downside. At face value, it would indicate a large outright decline in payrolls. The Census Household Pulse (-0.6mn) was also quite weak, though encouragingly, it also indicated a large drop in childcare-related labor supply headwinds as schools reopened.</li>\n <li><b>Seasonality.</b>The September seasonal hurdle is relatively low: the BLS adjustment factors generally assume a 600-700k decline in private payrolls (which exclude public schools), compared to around -100k on average in July and August. Continued labor shortages encouraged firms to lay off fewer workers at the end of summer. Partially offsetting this tailwind, the September seasonal factors may have evolved unfavorably due to the crisis—specifically by fitting to last September’s reopening-driven job surge (private payrolls +932k mom sa).</li>\n <li><b>Jobless claims.</b>Initial jobless claims fell during the September payroll month, averaging 339k per week vs. 378k in August despite a boost from individuals transitioning or attempting to transition to state programs. Across all employee programs including emergency benefits, continuing claims fell dramatically (-3.3mn)–but again for non-economic reasons (federal enhanced programs expired). Continuing claims in regular state programs decreased 106k from survey week to survey week.</li>\n <li><b>Job cuts.</b>Announced layoffs reported by Challenger, Gray &amp; Christmas rebounded 11% month-over-month in September after decreasing by 14% over the prior two months (SA by GS). Nonetheless, layoffs remain near the three-decade low on this measure (in 1993).</li>\n</ul>","source":"lsy1583725640930","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>September Payrolls Preview: It Will Be A Beat, The Question Is How Big</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\">\nSeptember Payrolls Preview: It Will Be A Beat, The Question Is How Big\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-08 14:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/september-payrolls-preview-it-will-be-beat-question-how-big><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>After a strong initial claims report and a solid ADP private payrolls print, all eyes turn to the most important economic data point of the week, and the month, Friday's nonfarm payrolls report due at...</p>\n\n<a href=\"https://www.zerohedge.com/markets/september-payrolls-preview-it-will-be-beat-question-how-big\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.zerohedge.com/markets/september-payrolls-preview-it-will-be-beat-question-how-big","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135993400","content_text":"After a strong initial claims report and a solid ADP private payrolls print, all eyes turn to the most important economic data point of the week, and the month, Friday's nonfarm payrolls report due at 830am ET on Friday, where consensus expects a 500K print- more than double last month's disappointing 235K print - as well as a drop in the unemployment rate to 5.1% and an increase in average hourly earnings to 4.6%. And unlike last month, when wecorrectly predicted the big miss in August payrolls, this time we agree that tomorrow's report will be a beat, the only question is how big.\nHere is a snapshot of what to expect tomorrow:\n\nTotal Payrolls: 500K, Last 235K\nPrivate Payrolls: 450K, Last 243K\nUnemployment Rate: 5.1%, Last 5.2%\nLabor force participation rate: 61.8%, Last 61.7%\nAverage Hourly Earnings Y/Y: 4.6%, Last 4.3%\nAverage Weekly Hours: 34.7, Last 34.7\n\nAs Newsquawk writes in its NFP preview, September’s jobs data, the last before the Fed’s November 3rd policy meeting, will be framed in the context of the central bank’s expected taper announcement, where a merely satisfactory report would likely to be enough for the FOMC to greenlight a November announcement to scale-back its USD 120BN/month asset purchases.\nGoldman economists are more bullish than normal, and estimate nonfarm payrolls rose 600k in September, above consensus of +500k, and they note that \"labor demand remains very strong, and we believe the nationwide expiration of enhanced unemployment beneﬁts on September 5 boosted effective labor supply and job growth—as it did in July and August in states that ended federal beneﬁts early.\"As a result, Goldman is assuming a 200k boost in tomorrow’s numbers and a larger boost in October. The bank also believes the reopening of schools contributed to September job growth, by around 150k. Despite these tailwinds, Big Data employment signals were mixed, and dining activity rebounded only marginally.\nLabor market proxies have been constructive for the month: ADP’s gauge of payrolls surprised to the upside, although analysts continue to note that the direct relationship between the official data and the ADP’s gauge is tenuous, despite the gap being under 100k over the last three reports. The number of initial jobless claims and continuing claims has eased back between the survey periods of the August and September jobs data, although analysts note that more recent releases have shown an uptick in claims potentially clouding the outlook. The ISM business surveys have signaled employment growth in the month, with manufacturing employment rising into growth territory again, but services sector hiring cooled a little in the month, but remains expansionary; survey commentary continues to allude to a tight labour market. The Bureau of Labor Statistics will release the September employment situation report at 13:30BST/08:30EDT on October 8th.\nPOLICY: The September jobs report might have reduced relevance on trading conditions given that Fed officials have effectively confirmed that, barring a collapse in the jobs data, it is on course to announce a tapering of its asset purchases at the November 3rd meeting. Accordingly, trading risks may be skewed to the downside, rather than to the upside, where a significant payrolls miss may present obstacles to the Fed announcing its taper. Additionally, it is worth being cognizant of how efforts in Washington to raise the debt ceiling are progressing; as yet, officials have not struck a deal, and are in the process of enacting stop gap legislation to allow funding into December; some analysts suggest that the Fed may be reticent to tighten policy in the face of potential default risks.\nPAYROLLS:The consensus looks for 500k nonfarm payrolls to be added to the US economy in September (prev. 235k), which would be a cooler rate of growth than the three- and six-month average rate, though in line with the 12-month average (3-month average is 750k/month, the six-month average is 653k/month, and the 12-month average is 503k/month – that technically at least suggests an improving rate of payrolls growth in recent months).Aggregating the nonfarm payrolls data since March 2020, around 5.33mln Americans remain out of work relative to pre-pandemic levels.\nMEASURES OF SLACK:The Unemployment Rate is expected at 5.1% (prev. 5.2%); Labour Force Participation previously at 61.7% vs 63.2% pre-pandemic; U6 measure of underemployment was previously at 8.8% vs 7.0% prepandemic; Employment-population ratio was previously 58.5% vs 61.1% pre-pandemic. These measures of slack are likely to provide more insight into how Fed officials are judging labour market progress, with many in recent months noting that they are closely watching the Underemployment Rate, Participation Rate, and the Employment-Population Ratio for a better handle on the level of slack that remains in the economy. Analysts would be encouraged the closer these get to pre-pandemic levels.\nEARNINGS:Average Hourly Earnings expected at +0.4% M/M (prev. +0.6%); Average Hourly Earnings expected at +4. 6% Y/Y (prev. +4.3%); Average Workweek Hours expected at 34.7hrs (prev. 34.7hrs). Aggregating the nonfarm payrolls data since March 2020, around 5.33mln Americans still remain out of work relative to pre-pandemic levels.\nADP:The ADP National Employment Report showed 568k jobs added to the US economy in September, topping expectations for 428k, and a better pace than the prior 340k (revised down from 374k initially reported). ADP itself said that the labor market recovery continued to make progress despite the marked slowdown in the rate of job additions from the 748k pace seen in Q2. It also noted that Leisure & Hospitality remained one of the biggest beneficiaries to the recovery, though said that hiring was still heavily impacted by the trajectory of the pandemic, especially for small firms. ADP thinks that the current bottlenecks in hiring will likely fade as the pandemic situation continues to improve, and that could set the stage for solid job gains in the months ahead. On the data methodology, analysts continue to note that ADP's model incorporates much of the prior official payrolls data, other macroeconomic variables, as well as data from its own payrolls platform; \"Payrolls were soft in August, thanks to the hit to the services sector from the Delta variant, and that weakness likely constrained ADP data,\" Pantheon Macroeconomics said. \"The overshoot to consensus, therefore, suggests that the other inputs to ADP’s model were stronger than we expected, but none of the details are published, so we don’t know if the overshoot was model-driven or due to stronger employment data at ADP’s clients.\"\nINITIAL JOBLESS CLAIMS:Initial jobless claims data for the week that coincides with the BLS jobs report survey window saw claims at around 351k – little changed from the 349k for the August jobs data survey window – where analysts said seasonal factors played a role in boosting the weekly data, while there may have been some lingering Hurricane Ida effects; the corresponding continuing claims data has fallen to 2.802mln in the September survey period vs 2.908mln in the August survey period. In aggregate, the data continues to point to declining trend, although in recent weeks the level of jobless claims has been picking up again.\nBUSINESS SURVEYS: The Services and Manufacturing ISM reports showed divergent trends in September, with the service sector employment sub-index easing a little to 53.0 from 53.7, signalling growth but at a slower rate, while the manufacturing employment sub-index rose back into expansionary territory, printing 50.2 from 49.0 prior. On the manufacturing sector, ISM said companies were still struggling to meet labour-management plans, but noted some modest signs of progress compared to previous months: \"Less than 5% of comments noted improvements regarding employment, compared to none in August,\" it said, \"an overwhelming majority of panelists indicate their companies are hiring or attempting to hire,\" where around 85% of responses were about seeking additional staffing, while nearly half of the respondents expressed difficulty in filling positions, an increase from August. \"The increasing frequency of comments on turnover rates and retirements continued a trend that began in August,\" ISM said. Meanwhile, in the services sector, employment activity rose for a third straight month; respondents noted that employees were flocking to better-paying jobs and there was a lack of pipeline to replace these staff, while other respondents talked of labor shortages being experienced at all levels.\nARGUING FOR A BETTER-THAN-EXPECTED REPORT:\n\nEnd of federal enhanced unemployment beneﬁts. The expiration of federal beneﬁts in some states boosted labor supply and job-ﬁnding rates over the summer, and all remaining such programs expired on September 5. The July and August indicated a cumulative 6pp boost to job-ﬁnding probabilities from June to August for workers losing $300 top-up payments and a 12pp boost for workers losing all beneﬁts.Some of the 6mn workers who lost some or all beneﬁts on September 5 got a job by September 18—in time to be counted in tomorrow’s data.Goldman assumes a +200k boost to job growth from this channel, with a larger increase in subsequent reports (+1.3mn cumulatively by year end).\n\n\n\nSchool reopening. The largest 100 school districts are all open for in-person learning, catalyzing the return of many previously furloughed teachers and support staff. While full normalization of employment levels would contribute 600k jobs (mom sa, see left panel of the chart below), some janitors and support staff did not return due to hybrid teaching models, and job openings in the sector are only 200k above the pre-crisis level (see right panel). Relatedly, the BLS’s seasonal factors already embed the usual rehiring of education workers on summer layoff, so if fewer janitors returned to work than in a typical September, this would reduce seasonally adjusted job growth, other things equal. Taken together, assume a roughly 150k boost from the reopening of schools in tomorrow’s report.\n\n\n\nJob availability. The Conference Board labor differential—the difference between the percent of respondents saying jobs are plentiful and those saying jobs are hardto get - edged down to 42.5 from 44.4, still an elevated level. Additionally, JOLTS job openings increased by 749k in July to a new record high of 10.9mn.\nADP.Private sector employment in the ADP report increased by 568k in September, above consensus expectations for a 430k gain, implying strong growth in the underlying ADP sample. Additionally, schools generally do not use ADP payroll software, arguing for a larger gain from school reopening in the official payroll measure.\n\nARGUING FOR A WEAKER-THAN-EXPECTED REPORT:\n\nDelta variant.Rebounding covid infection rates weighed on services consumption and the labor market in August. And while US case counts began to decline in early September, restaurant seatings on Open Table rebounded only marginally. leisure and hospitality employment rose in September, but probably not at the ~400k monthly pace of June and July.\nEmployer surveys. The employment components of our business surveys were flat to down, whereas we and consensus forecast a pickup in job growth. Goldman's services survey employment tracker remained unchanged at 54.5 and the manufacturing survey employment tracker declined 0.4pt to 57.8. And while the Goldman Sachs Analyst Index (GSAI) decreased 0.8% to 68.5, the employment component rose1.9% to 71.9.\n\nNEUTRAL FACTORS:\n\nBig Data.High-frequency data on the labor market were mixed between the August and September survey weeks, on net providing little guidance about the underlying pace of job growth. Three of the five measures tracked indicate an at-or-above-consensus gain (Census Small Business Pulse +0.5mn, ADP +0.6mn,Google mobility +2mn), but the Homebase data was an outlier to the downside. At face value, it would indicate a large outright decline in payrolls. The Census Household Pulse (-0.6mn) was also quite weak, though encouragingly, it also indicated a large drop in childcare-related labor supply headwinds as schools reopened.\nSeasonality.The September seasonal hurdle is relatively low: the BLS adjustment factors generally assume a 600-700k decline in private payrolls (which exclude public schools), compared to around -100k on average in July and August. Continued labor shortages encouraged firms to lay off fewer workers at the end of summer. Partially offsetting this tailwind, the September seasonal factors may have evolved unfavorably due to the crisis—specifically by fitting to last September’s reopening-driven job surge (private payrolls +932k mom sa).\nJobless claims.Initial jobless claims fell during the September payroll month, averaging 339k per week vs. 378k in August despite a boost from individuals transitioning or attempting to transition to state programs. Across all employee programs including emergency benefits, continuing claims fell dramatically (-3.3mn)–but again for non-economic reasons (federal enhanced programs expired). Continuing claims in regular state programs decreased 106k from survey week to survey week.\nJob cuts.Announced layoffs reported by Challenger, Gray & Christmas rebounded 11% month-over-month in September after decreasing by 14% over the prior two months (SA by GS). Nonetheless, layoffs remain near the three-decade low on this measure (in 1993).","news_type":1},"isVote":1,"tweetType":1,"viewCount":486,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":823116942,"gmtCreate":1633597908102,"gmtModify":1633597908562,"author":{"id":"4092954016720550","authorId":"4092954016720550","name":"Ramesh78","avatar":"https://static.tigerbbs.com/3c0c1ebc7b58a181d8b45be1ce9b944a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/823116942","repostId":"2173946751","repostType":4,"repost":{"id":"2173946751","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1633595657,"share":"https://www.laohu8.com/m/news/2173946751?lang=&edition=full","pubTime":"2021-10-07 16:34","market":"hk","language":"en","title":"5 Stocks To Watch For October 7, 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=2173946751","media":"Benzinga","summary":"Some of the stocks that may grab investor focus today are:","content":"<p>Some of the stocks that may grab investor focus today are:</p>\n<ul>\n <li>Wall Street expects <b> Conagra Brands Inc</b> (NYSE:CAG) to report quarterly earnings at $0.49 per share on revenue of $2.54 billion before the opening bell. Conagra shares rose 0.4% to $34.60 in after-hours trading.</li>\n <li>Analysts are expecting <b> Helen of Troy Limited</b> (NASDAQ:HELE) to have earned $2.17 per share on revenue of $428.16 million for the latest quarter. The company will release earnings before the market open. Helen of Troy shares gained 0.2% to $218.41 in after-hours trading.</li>\n <li><i>Find out what's going on in today's market and bring any questions you have to Benzinga's PreMarket Prep.</i></li>\n</ul>\n<ul>\n <li><b><a href=\"https://laohu8.com/S/TWTR\">Twitter</a> Inc</b> (NASDAQ:TWTR) agreed to sell its MoPub mobile ad unit to <b><a href=\"https://laohu8.com/S/APP\">AppLovin Corporation</a></b> (NASDAQ:APP) for $1.05 billion in cash. Twitter shares gained 2% to $62.50 in after-hours trading, while AppLovin shares climbed 9.5% to $84.30 in the after-hours trading session.</li>\n <li>Analysts expect <b> Lamb Weston Holdings Inc</b> (NYSE:LW) to post quarterly earnings at $0.39 per share on revenue of $993.09 million before the opening bell. Lamb Weston shares fell 0.1% to $62.25 in after-hours trading.</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>5 Stocks To Watch For October 7, 2021</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\">\n5 Stocks To Watch For October 7, 2021\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-10-07 16:34</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Some of the stocks that may grab investor focus today are:</p>\n<ul>\n <li>Wall Street expects <b> Conagra Brands Inc</b> (NYSE:CAG) to report quarterly earnings at $0.49 per share on revenue of $2.54 billion before the opening bell. Conagra shares rose 0.4% to $34.60 in after-hours trading.</li>\n <li>Analysts are expecting <b> Helen of Troy Limited</b> (NASDAQ:HELE) to have earned $2.17 per share on revenue of $428.16 million for the latest quarter. The company will release earnings before the market open. Helen of Troy shares gained 0.2% to $218.41 in after-hours trading.</li>\n <li><i>Find out what's going on in today's market and bring any questions you have to Benzinga's PreMarket Prep.</i></li>\n</ul>\n<ul>\n <li><b><a href=\"https://laohu8.com/S/TWTR\">Twitter</a> Inc</b> (NASDAQ:TWTR) agreed to sell its MoPub mobile ad unit to <b><a href=\"https://laohu8.com/S/APP\">AppLovin Corporation</a></b> (NASDAQ:APP) for $1.05 billion in cash. Twitter shares gained 2% to $62.50 in after-hours trading, while AppLovin shares climbed 9.5% to $84.30 in the after-hours trading session.</li>\n <li>Analysts expect <b> Lamb Weston Holdings Inc</b> (NYSE:LW) to post quarterly earnings at $0.39 per share on revenue of $993.09 million before the opening bell. Lamb Weston shares fell 0.1% to $62.25 in after-hours trading.</li>\n</ul>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QNETCN":"纳斯达克中美互联网老虎指数","TWTR":"Twitter","APP":"AppLovin Corporation","CAG":"康尼格拉","LW":"Lamb Weston Holdings, Inc.","HELE":"海伦特洛伊家电"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2173946751","content_text":"Some of the stocks that may grab investor focus today are:\n\nWall Street expects  Conagra Brands Inc (NYSE:CAG) to report quarterly earnings at $0.49 per share on revenue of $2.54 billion before the opening bell. Conagra shares rose 0.4% to $34.60 in after-hours trading.\nAnalysts are expecting  Helen of Troy Limited (NASDAQ:HELE) to have earned $2.17 per share on revenue of $428.16 million for the latest quarter. The company will release earnings before the market open. Helen of Troy shares gained 0.2% to $218.41 in after-hours trading.\nFind out what's going on in today's market and bring any questions you have to Benzinga's PreMarket Prep.\n\n\nTwitter Inc (NASDAQ:TWTR) agreed to sell its MoPub mobile ad unit to AppLovin Corporation (NASDAQ:APP) for $1.05 billion in cash. Twitter shares gained 2% to $62.50 in after-hours trading, while AppLovin shares climbed 9.5% to $84.30 in the after-hours trading session.\nAnalysts expect  Lamb Weston Holdings Inc (NYSE:LW) to post quarterly earnings at $0.39 per share on revenue of $993.09 million before the opening bell. Lamb Weston shares fell 0.1% to $62.25 in after-hours trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":551,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":823116005,"gmtCreate":1633597896063,"gmtModify":1633597896181,"author":{"id":"4092954016720550","authorId":"4092954016720550","name":"Ramesh78","avatar":"https://static.tigerbbs.com/3c0c1ebc7b58a181d8b45be1ce9b944a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/823116005","repostId":"2173946751","repostType":4,"repost":{"id":"2173946751","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1633595657,"share":"https://www.laohu8.com/m/news/2173946751?lang=&edition=full","pubTime":"2021-10-07 16:34","market":"hk","language":"en","title":"5 Stocks To Watch For October 7, 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=2173946751","media":"Benzinga","summary":"Some of the stocks that may grab investor focus today are:","content":"<p>Some of the stocks that may grab investor focus today are:</p>\n<ul>\n <li>Wall Street expects <b> Conagra Brands Inc</b> (NYSE:CAG) to report quarterly earnings at $0.49 per share on revenue of $2.54 billion before the opening bell. Conagra shares rose 0.4% to $34.60 in after-hours trading.</li>\n <li>Analysts are expecting <b> Helen of Troy Limited</b> (NASDAQ:HELE) to have earned $2.17 per share on revenue of $428.16 million for the latest quarter. The company will release earnings before the market open. Helen of Troy shares gained 0.2% to $218.41 in after-hours trading.</li>\n <li><i>Find out what's going on in today's market and bring any questions you have to Benzinga's PreMarket Prep.</i></li>\n</ul>\n<ul>\n <li><b><a href=\"https://laohu8.com/S/TWTR\">Twitter</a> Inc</b> (NASDAQ:TWTR) agreed to sell its MoPub mobile ad unit to <b><a href=\"https://laohu8.com/S/APP\">AppLovin Corporation</a></b> (NASDAQ:APP) for $1.05 billion in cash. Twitter shares gained 2% to $62.50 in after-hours trading, while AppLovin shares climbed 9.5% to $84.30 in the after-hours trading session.</li>\n <li>Analysts expect <b> Lamb Weston Holdings Inc</b> (NYSE:LW) to post quarterly earnings at $0.39 per share on revenue of $993.09 million before the opening bell. Lamb Weston shares fell 0.1% to $62.25 in after-hours trading.</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>5 Stocks To Watch For October 7, 2021</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\">\n5 Stocks To Watch For October 7, 2021\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-10-07 16:34</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Some of the stocks that may grab investor focus today are:</p>\n<ul>\n <li>Wall Street expects <b> Conagra Brands Inc</b> (NYSE:CAG) to report quarterly earnings at $0.49 per share on revenue of $2.54 billion before the opening bell. Conagra shares rose 0.4% to $34.60 in after-hours trading.</li>\n <li>Analysts are expecting <b> Helen of Troy Limited</b> (NASDAQ:HELE) to have earned $2.17 per share on revenue of $428.16 million for the latest quarter. The company will release earnings before the market open. Helen of Troy shares gained 0.2% to $218.41 in after-hours trading.</li>\n <li><i>Find out what's going on in today's market and bring any questions you have to Benzinga's PreMarket Prep.</i></li>\n</ul>\n<ul>\n <li><b><a href=\"https://laohu8.com/S/TWTR\">Twitter</a> Inc</b> (NASDAQ:TWTR) agreed to sell its MoPub mobile ad unit to <b><a href=\"https://laohu8.com/S/APP\">AppLovin Corporation</a></b> (NASDAQ:APP) for $1.05 billion in cash. Twitter shares gained 2% to $62.50 in after-hours trading, while AppLovin shares climbed 9.5% to $84.30 in the after-hours trading session.</li>\n <li>Analysts expect <b> Lamb Weston Holdings Inc</b> (NYSE:LW) to post quarterly earnings at $0.39 per share on revenue of $993.09 million before the opening bell. Lamb Weston shares fell 0.1% to $62.25 in after-hours trading.</li>\n</ul>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QNETCN":"纳斯达克中美互联网老虎指数","TWTR":"Twitter","APP":"AppLovin Corporation","CAG":"康尼格拉","LW":"Lamb Weston Holdings, Inc.","HELE":"海伦特洛伊家电"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2173946751","content_text":"Some of the stocks that may grab investor focus today are:\n\nWall Street expects  Conagra Brands Inc (NYSE:CAG) to report quarterly earnings at $0.49 per share on revenue of $2.54 billion before the opening bell. Conagra shares rose 0.4% to $34.60 in after-hours trading.\nAnalysts are expecting  Helen of Troy Limited (NASDAQ:HELE) to have earned $2.17 per share on revenue of $428.16 million for the latest quarter. The company will release earnings before the market open. Helen of Troy shares gained 0.2% to $218.41 in after-hours trading.\nFind out what's going on in today's market and bring any questions you have to Benzinga's PreMarket Prep.\n\n\nTwitter Inc (NASDAQ:TWTR) agreed to sell its MoPub mobile ad unit to AppLovin Corporation (NASDAQ:APP) for $1.05 billion in cash. Twitter shares gained 2% to $62.50 in after-hours trading, while AppLovin shares climbed 9.5% to $84.30 in the after-hours trading session.\nAnalysts expect  Lamb Weston Holdings Inc (NYSE:LW) to post quarterly earnings at $0.39 per share on revenue of $993.09 million before the opening bell. Lamb Weston shares fell 0.1% to $62.25 in after-hours trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":572,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":823118108,"gmtCreate":1633597831693,"gmtModify":1633597831850,"author":{"id":"4092954016720550","authorId":"4092954016720550","name":"Ramesh78","avatar":"https://static.tigerbbs.com/3c0c1ebc7b58a181d8b45be1ce9b944a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/823118108","repostId":"1129125427","repostType":4,"isVote":1,"tweetType":1,"viewCount":540,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":823111384,"gmtCreate":1633597747865,"gmtModify":1633597748007,"author":{"id":"4092954016720550","authorId":"4092954016720550","name":"Ramesh78","avatar":"https://static.tigerbbs.com/3c0c1ebc7b58a181d8b45be1ce9b944a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/823111384","repostId":"1197899038","repostType":4,"repost":{"id":"1197899038","pubTimestamp":1633597406,"share":"https://www.laohu8.com/m/news/1197899038?lang=&edition=full","pubTime":"2021-10-07 17:03","market":"us","language":"en","title":"Why Bitcoin, Bitcoin Cash, and Shiba Inu Are All Skyrocketing Wednesday","url":"https://stock-news.laohu8.com/highlight/detail?id=1197899038","media":"Motley Fool","summary":"Growing institutional adoption and investor enthusiasm are pumping these cryptos to the next level.\n","content":"<blockquote>\n <b>Growing institutional adoption and investor enthusiasm are pumping these cryptos to the next level.</b>\n</blockquote>\n<p><b>What happened</b></p>\n<p><b>Bitcoin</b>&nbsp;(CRYPTO:BTC),<b>Bitcoin Cash</b>&nbsp;(CRYPTO:BCH), and<b>Shiba Inu</b>&nbsp;(CRYPTO:SHIB)are up 9.00%, 8.10%, and 26.67% in the past 24 hours, respectively, as of 11:25 a.m. EDT. The three are now trading at $54,656.16, $622.61, and $0.00002301 apiece, respectively. Yesterday, U.S. Bank, the fifth-largest retail bank in the country with $8.6 trillion assets under management, announced it would offer cryptocurrency custody service to investment advisors and fund managers. They will be able to store their private keys (unique passcodes) to Bitcoin, Bitcoin Cash, and&nbsp;<b>Litecoin</b>&nbsp;to their wallets safely with U.S. Bank.</p>\n<p>As for SHIB, investors were euphoric after<b>Tesla</b>'s CEO, Elon Musk, tweeted a picture of his shiba inu dog on top of his Tesla car three days ago. Musk had previously promoted meme cryptocurrencies, and even though the tweet wasn't directly related to SHIB, there's the expectation that Musk will tweet about SHIB in the future. That was enough to send the coin up 220.90% in the past seven days.</p>\n<p><b>So what</b></p>\n<p>Institutional investors are rapidly piling in on the success of Bitcoin, Bitcoin Cash, and other cryptos. For example,&nbsp;<b><a href=\"https://laohu8.com/S/SI\">Silvergate Capital</a></b>&nbsp;(NYSE:SI), a leading bank that facilitates fund transfers between cryptocurrency exchanges and financial entities (such as banks, venture capital firms, and hedge funds), processed a stunning $240 billion in transaction volume in <a href=\"https://laohu8.com/S/QTWO\">Q2</a> alone. That's more than 10 times the volume of institutional crypto-fiat transfers it processed in Q2 of last year.</p>\n<p>But the same can't be said for Shiba Inu. It's clear that investors are in it only to make a quick buck. Its fundamental value, as measured by total value locked (TVL) on its native Shibaswap decentralized exchange, amounts to just $291 million. Meanwhile, the token's market cap has surged to nearly $10 billion.</p>\n<p><b>Now what</b></p>\n<p>Since its inception, skeptics have said that Bitcoin and its peers are nothing more than fake internet money. But the result of all this fear and uncertainty is that cryptocurrencies aregaining tractionin every part of the world, especially among developing nations. The volume of cryptocurrency transactions has surged 706% in Central and South Asia and Oceania in the past year. Their total value amounts to a staggering $572.5 billion, or 14% of global crypto transactions. So there's never been a better time to invest in this promising sector.</p>\n<p>But if critics are right about <a href=\"https://laohu8.com/S/AONE.U\">one</a> thing, it's that all this excessive speculation surrounding SHIB won't end well. Back in May, SHIB witnessed a similar pump and dump that sent its price down 80% in a matter of days after the spike. So now's a good time for those lucky investors to consolidate the gains and take profits.</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>Why Bitcoin, Bitcoin Cash, and Shiba Inu Are All Skyrocketing Wednesday</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 Bitcoin, Bitcoin Cash, and Shiba Inu Are All Skyrocketing Wednesday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-07 17:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/10/06/why-bitcoin-bitcoin-cash-and-shiba-inu-are-all-sky/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Growing institutional adoption and investor enthusiasm are pumping these cryptos to the next level.\n\nWhat happened\nBitcoin (CRYPTO:BTC),Bitcoin Cash (CRYPTO:BCH), andShiba Inu (CRYPTO:SHIB)are up ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/10/06/why-bitcoin-bitcoin-cash-and-shiba-inu-are-all-sky/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2021/10/06/why-bitcoin-bitcoin-cash-and-shiba-inu-are-all-sky/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1197899038","content_text":"Growing institutional adoption and investor enthusiasm are pumping these cryptos to the next level.\n\nWhat happened\nBitcoin (CRYPTO:BTC),Bitcoin Cash (CRYPTO:BCH), andShiba Inu (CRYPTO:SHIB)are up 9.00%, 8.10%, and 26.67% in the past 24 hours, respectively, as of 11:25 a.m. EDT. The three are now trading at $54,656.16, $622.61, and $0.00002301 apiece, respectively. Yesterday, U.S. Bank, the fifth-largest retail bank in the country with $8.6 trillion assets under management, announced it would offer cryptocurrency custody service to investment advisors and fund managers. They will be able to store their private keys (unique passcodes) to Bitcoin, Bitcoin Cash, and Litecoin to their wallets safely with U.S. Bank.\nAs for SHIB, investors were euphoric afterTesla's CEO, Elon Musk, tweeted a picture of his shiba inu dog on top of his Tesla car three days ago. Musk had previously promoted meme cryptocurrencies, and even though the tweet wasn't directly related to SHIB, there's the expectation that Musk will tweet about SHIB in the future. That was enough to send the coin up 220.90% in the past seven days.\nSo what\nInstitutional investors are rapidly piling in on the success of Bitcoin, Bitcoin Cash, and other cryptos. For example, Silvergate Capital (NYSE:SI), a leading bank that facilitates fund transfers between cryptocurrency exchanges and financial entities (such as banks, venture capital firms, and hedge funds), processed a stunning $240 billion in transaction volume in Q2 alone. That's more than 10 times the volume of institutional crypto-fiat transfers it processed in Q2 of last year.\nBut the same can't be said for Shiba Inu. It's clear that investors are in it only to make a quick buck. Its fundamental value, as measured by total value locked (TVL) on its native Shibaswap decentralized exchange, amounts to just $291 million. Meanwhile, the token's market cap has surged to nearly $10 billion.\nNow what\nSince its inception, skeptics have said that Bitcoin and its peers are nothing more than fake internet money. But the result of all this fear and uncertainty is that cryptocurrencies aregaining tractionin every part of the world, especially among developing nations. The volume of cryptocurrency transactions has surged 706% in Central and South Asia and Oceania in the past year. Their total value amounts to a staggering $572.5 billion, or 14% of global crypto transactions. So there's never been a better time to invest in this promising sector.\nBut if critics are right about one thing, it's that all this excessive speculation surrounding SHIB won't end well. Back in May, SHIB witnessed a similar pump and dump that sent its price down 80% in a matter of days after the spike. So now's a good time for those lucky investors to consolidate the gains and take profits.","news_type":1},"isVote":1,"tweetType":1,"viewCount":446,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":821918161,"gmtCreate":1633684923516,"gmtModify":1633684923640,"author":{"id":"4092954016720550","authorId":"4092954016720550","name":"Ramesh78","avatar":"https://static.tigerbbs.com/3c0c1ebc7b58a181d8b45be1ce9b944a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/821918161","repostId":"1135993400","repostType":4,"repost":{"id":"1135993400","pubTimestamp":1633675137,"share":"https://www.laohu8.com/m/news/1135993400?lang=&edition=full","pubTime":"2021-10-08 14:38","market":"us","language":"en","title":"September Payrolls Preview: It Will Be A Beat, The Question Is How Big","url":"https://stock-news.laohu8.com/highlight/detail?id=1135993400","media":"zerohedge","summary":"After a strong initial claims report and a solid ADP private payrolls print, all eyes turn to the mo","content":"<p>After a strong initial claims report and a solid ADP private payrolls print, all eyes turn to the most important economic data point of the week, and the month, Friday's nonfarm payrolls report due at 830am ET on Friday, where consensus expects a 500K print- more than double last month's disappointing 235K print - as well as a drop in the unemployment rate to 5.1% and an increase in average hourly earnings to 4.6%. And unlike last month, when wecorrectly predicted the big miss in August payrolls, this time we agree that tomorrow's report will be a beat, the only question is how big.</p>\n<p>Here is a snapshot of what to expect tomorrow:</p>\n<ul>\n <li>Total Payrolls: 500K, Last 235K</li>\n <li>Private Payrolls: 450K, Last 243K</li>\n <li>Unemployment Rate: 5.1%, Last 5.2%</li>\n <li>Labor force participation rate: 61.8%, Last 61.7%</li>\n <li>Average Hourly Earnings Y/Y: 4.6%, Last 4.3%</li>\n <li>Average Weekly Hours: 34.7, Last 34.7</li>\n</ul>\n<p>As&nbsp;Newsquawk&nbsp;writes in its NFP preview, September’s jobs data, the last before the Fed’s November 3rd policy meeting, will be framed in the context of the central bank’s expected taper announcement, where a merely satisfactory report would likely to be enough for the FOMC to greenlight a November announcement to scale-back its USD 120BN/month asset purchases.</p>\n<p>Goldman economists are more bullish than normal, and estimate nonfarm payrolls rose 600k in September, above consensus of +500k, and they note that \"labor demand remains very strong,&nbsp;<b>and we believe the nationwide expiration of enhanced unemployment beneﬁts on September 5 boosted effective labor supply and job growth—as it did in July and August in states that ended federal beneﬁts early.\"</b>As a result, Goldman is assuming a 200k boost in tomorrow’s numbers and a larger boost in October. The bank also believes the reopening of schools contributed to September job growth, by around 150k. Despite these tailwinds, Big Data employment signals were mixed, and dining activity rebounded only marginally.</p>\n<p>Labor market proxies have been constructive for the month: ADP’s gauge of payrolls surprised to the upside, although analysts continue to note that the direct relationship between the official data and the ADP’s gauge is tenuous, despite the gap being under 100k over the last three reports. The number of initial jobless claims and continuing claims has eased back between the survey periods of the August and September jobs data, although analysts note that more recent releases have shown an uptick in claims potentially clouding the outlook. The ISM business surveys have signaled employment growth in the month, with manufacturing employment rising into growth territory again, but services sector hiring cooled a little in the month, but remains expansionary; survey commentary continues to allude to a tight labour market. The Bureau of Labor Statistics will release the September employment situation report at 13:30BST/08:30EDT on October 8th.</p>\n<p><b>POLICY</b>: The September jobs report might have reduced relevance on trading conditions given that Fed officials have effectively confirmed that, barring a collapse in the jobs data, it is on course to announce a tapering of its asset purchases at the November 3rd meeting. Accordingly, trading risks may be skewed to the downside, rather than to the upside, where a significant payrolls miss may present obstacles to the Fed announcing its taper. Additionally, it is worth being cognizant of how efforts in Washington to raise the debt ceiling are progressing; as yet, officials have not struck a deal, and are in the process of enacting stop gap legislation to allow funding into December; some analysts suggest that the Fed may be reticent to tighten policy in the face of potential default risks.</p>\n<p><b>PAYROLLS:</b>The consensus looks for 500k nonfarm payrolls to be added to the US economy in September (prev. 235k), which would be a cooler rate of growth than the three- and six-month average rate, though in line with the 12-month average (3-month average is 750k/month, the six-month average is 653k/month, and the 12-month average is 503k/month – that technically at least suggests an improving rate of payrolls growth in recent months).<b>Aggregating the nonfarm payrolls data since March 2020, around 5.33mln Americans remain out of work relative to pre-pandemic levels.</b></p>\n<p><b>MEASURES OF SLACK:</b>The Unemployment Rate is expected at 5.1% (prev. 5.2%); Labour Force Participation previously at 61.7% vs 63.2% pre-pandemic; U6 measure of underemployment was previously at 8.8% vs 7.0% prepandemic; Employment-population ratio was previously 58.5% vs 61.1% pre-pandemic. These measures of slack are likely to provide more insight into how Fed officials are judging labour market progress, with many in recent months noting that they are closely watching the Underemployment Rate, Participation Rate, and the Employment-Population Ratio for a better handle on the level of slack that remains in the economy. Analysts would be encouraged the closer these get to pre-pandemic levels.</p>\n<p><b>EARNINGS:</b>Average Hourly Earnings expected at +0.4% M/M (prev. +0.6%); Average Hourly Earnings expected at +4. 6% Y/Y (prev. +4.3%); Average Workweek Hours expected at 34.7hrs (prev. 34.7hrs). Aggregating the nonfarm payrolls data since March 2020, around 5.33mln Americans still remain out of work relative to pre-pandemic levels.</p>\n<p><b>ADP:</b>The ADP National Employment Report showed 568k jobs added to the US economy in September, topping expectations for 428k, and a better pace than the prior 340k (revised down from 374k initially reported). ADP itself said that the labor market recovery continued to make progress despite the marked slowdown in the rate of job additions from the 748k pace seen in Q2. It also noted that Leisure &amp; Hospitality remained one of the biggest beneficiaries to the recovery, though said that hiring was still heavily impacted by the trajectory of the pandemic, especially for small firms. ADP thinks that the current bottlenecks in hiring will likely fade as the pandemic situation continues to improve, and that could set the stage for solid job gains in the months ahead. On the data methodology, analysts continue to note that ADP's model incorporates much of the prior official payrolls data, other macroeconomic variables, as well as data from its own payrolls platform; \"Payrolls were soft in August, thanks to the hit to the services sector from the Delta variant, and that weakness likely constrained ADP data,\" Pantheon Macroeconomics said. \"The overshoot to consensus, therefore, suggests that the other inputs to ADP’s model were stronger than we expected, but none of the details are published, so we don’t know if the overshoot was model-driven or due to stronger employment data at ADP’s clients.\"</p>\n<p><b>INITIAL JOBLESS CLAIMS:</b>Initial jobless claims data for the week that coincides with the BLS jobs report survey window saw claims at around 351k – little changed from the 349k for the August jobs data survey window – where analysts said seasonal factors played a role in boosting the weekly data, while there may have been some lingering Hurricane Ida effects; the corresponding continuing claims data has fallen to 2.802mln in the September survey period vs 2.908mln in the August survey period. In aggregate, the data continues to point to declining trend, although in recent weeks the level of jobless claims has been picking up again.</p>\n<p><b>BUSINESS SURVEYS</b>: The Services and Manufacturing ISM reports showed divergent trends in September, with the service sector employment sub-index easing a little to 53.0 from 53.7, signalling growth but at a slower rate, while the manufacturing employment sub-index rose back into expansionary territory, printing 50.2 from 49.0 prior. On the manufacturing sector, ISM said companies were still struggling to meet labour-management plans, but noted some modest signs of progress compared to previous months: \"Less than 5% of comments noted improvements regarding employment, compared to none in August,\" it said, \"an overwhelming majority of panelists indicate their companies are hiring or attempting to hire,\" where around 85% of responses were about seeking additional staffing, while nearly half of the respondents expressed difficulty in filling positions, an increase from August. \"The increasing frequency of comments on turnover rates and retirements continued a trend that began in August,\" ISM said. Meanwhile, in the services sector, employment activity rose for a third straight month; respondents noted that employees were flocking to better-paying jobs and there was a lack of pipeline to replace these staff, while other respondents talked of labor shortages being experienced at all levels.</p>\n<p><b>ARGUING FOR A BETTER-THAN-EXPECTED REPORT</b>:</p>\n<ul>\n <li><b>End of federal enhanced unemployment beneﬁts</b>. The expiration of federal beneﬁts in some states boosted labor supply and job-ﬁnding rates over the summer, and all remaining such programs expired on September 5. The July and August indicated a cumulative 6pp boost to job-ﬁnding probabilities from June to August for workers losing $300 top-up payments and a 12pp boost for workers losing all beneﬁts.<b>Some of the 6mn workers who lost some or all beneﬁts on September 5 got a job by September 18—in time to be counted in tomorrow’s data.</b>Goldman assumes a +200k boost to job growth from this channel, with a larger increase in subsequent reports (+1.3mn cumulatively by year end).</li>\n</ul>\n<p><img src=\"https://static.tigerbbs.com/fa8e5900cf66c76d4b64055f84e58048\" tg-width=\"630\" tg-height=\"428\" referrerpolicy=\"no-referrer\"></p>\n<ul>\n <li><b>School reopening</b>. The largest 100 school districts are all open for in-person learning, catalyzing the return of many previously furloughed teachers and support staff. While full normalization of employment levels would contribute 600k jobs (mom sa, see left panel of the chart below), some janitors and support staff did not return due to hybrid teaching models, and job openings in the sector are only 200k above the pre-crisis level (see right panel). Relatedly, the BLS’s seasonal factors already embed the usual rehiring of education workers on summer layoff, so if fewer janitors returned to work than in a typical September, this would reduce seasonally adjusted job growth, other things equal. Taken together, assume a roughly 150k boost from the reopening of schools in tomorrow’s report.</li>\n</ul>\n<p><img src=\"https://static.tigerbbs.com/ff3e69723b40e0d372ec2bebecb38b1f\" tg-width=\"799\" tg-height=\"376\" referrerpolicy=\"no-referrer\"></p>\n<ul>\n <li><b>Job availability</b>. The Conference Board labor differential—the difference between the percent of respondents saying jobs are plentiful and those saying jobs are hardto get - edged down to 42.5 from 44.4, still an elevated level. Additionally, JOLTS job openings increased by 749k in July to a new record high of 10.9mn.</li>\n <li><b>ADP.</b>Private sector employment in the ADP report increased by 568k in September, above consensus expectations for a 430k gain, implying strong growth in the underlying ADP sample. Additionally, schools generally do not use ADP payroll software, arguing for a larger gain from school reopening in the official payroll measure.</li>\n</ul>\n<p><b>ARGUING FOR A WEAKER-THAN-EXPECTED REPORT:</b></p>\n<ul>\n <li><b>Delta variant.</b>Rebounding covid infection rates weighed on services consumption and the labor market in August. And while US case counts began to decline in early September, restaurant seatings on Open Table rebounded only marginally. leisure and hospitality employment rose in September, but probably not at the ~400k monthly pace of June and July.</li>\n <li><b>Employer surveys</b>. The employment components of our business surveys were flat to down, whereas we and consensus forecast a pickup in job growth. Goldman's services survey employment tracker remained unchanged at 54.5 and the manufacturing survey employment tracker declined 0.4pt to 57.8. And while the Goldman Sachs Analyst Index (GSAI) decreased 0.8% to 68.5, the employment component rose1.9% to 71.9.</li>\n</ul>\n<p><b>NEUTRAL FACTORS:</b></p>\n<ul>\n <li><b>Big Data.</b>High-frequency data on the labor market were mixed between the August and September survey weeks, on net providing little guidance about the underlying pace of job growth. Three of the five measures tracked indicate an at-or-above-consensus gain (Census Small Business Pulse +0.5mn, ADP +0.6mn,Google mobility +2mn), but the Homebase data was an outlier to the downside. At face value, it would indicate a large outright decline in payrolls. The Census Household Pulse (-0.6mn) was also quite weak, though encouragingly, it also indicated a large drop in childcare-related labor supply headwinds as schools reopened.</li>\n <li><b>Seasonality.</b>The September seasonal hurdle is relatively low: the BLS adjustment factors generally assume a 600-700k decline in private payrolls (which exclude public schools), compared to around -100k on average in July and August. Continued labor shortages encouraged firms to lay off fewer workers at the end of summer. Partially offsetting this tailwind, the September seasonal factors may have evolved unfavorably due to the crisis—specifically by fitting to last September’s reopening-driven job surge (private payrolls +932k mom sa).</li>\n <li><b>Jobless claims.</b>Initial jobless claims fell during the September payroll month, averaging 339k per week vs. 378k in August despite a boost from individuals transitioning or attempting to transition to state programs. Across all employee programs including emergency benefits, continuing claims fell dramatically (-3.3mn)–but again for non-economic reasons (federal enhanced programs expired). Continuing claims in regular state programs decreased 106k from survey week to survey week.</li>\n <li><b>Job cuts.</b>Announced layoffs reported by Challenger, Gray &amp; Christmas rebounded 11% month-over-month in September after decreasing by 14% over the prior two months (SA by GS). Nonetheless, layoffs remain near the three-decade low on this measure (in 1993).</li>\n</ul>","source":"lsy1583725640930","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>September Payrolls Preview: It Will Be A Beat, The Question Is How Big</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\">\nSeptember Payrolls Preview: It Will Be A Beat, The Question Is How Big\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-08 14:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/september-payrolls-preview-it-will-be-beat-question-how-big><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>After a strong initial claims report and a solid ADP private payrolls print, all eyes turn to the most important economic data point of the week, and the month, Friday's nonfarm payrolls report due at...</p>\n\n<a href=\"https://www.zerohedge.com/markets/september-payrolls-preview-it-will-be-beat-question-how-big\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.zerohedge.com/markets/september-payrolls-preview-it-will-be-beat-question-how-big","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135993400","content_text":"After a strong initial claims report and a solid ADP private payrolls print, all eyes turn to the most important economic data point of the week, and the month, Friday's nonfarm payrolls report due at 830am ET on Friday, where consensus expects a 500K print- more than double last month's disappointing 235K print - as well as a drop in the unemployment rate to 5.1% and an increase in average hourly earnings to 4.6%. And unlike last month, when wecorrectly predicted the big miss in August payrolls, this time we agree that tomorrow's report will be a beat, the only question is how big.\nHere is a snapshot of what to expect tomorrow:\n\nTotal Payrolls: 500K, Last 235K\nPrivate Payrolls: 450K, Last 243K\nUnemployment Rate: 5.1%, Last 5.2%\nLabor force participation rate: 61.8%, Last 61.7%\nAverage Hourly Earnings Y/Y: 4.6%, Last 4.3%\nAverage Weekly Hours: 34.7, Last 34.7\n\nAs Newsquawk writes in its NFP preview, September’s jobs data, the last before the Fed’s November 3rd policy meeting, will be framed in the context of the central bank’s expected taper announcement, where a merely satisfactory report would likely to be enough for the FOMC to greenlight a November announcement to scale-back its USD 120BN/month asset purchases.\nGoldman economists are more bullish than normal, and estimate nonfarm payrolls rose 600k in September, above consensus of +500k, and they note that \"labor demand remains very strong, and we believe the nationwide expiration of enhanced unemployment beneﬁts on September 5 boosted effective labor supply and job growth—as it did in July and August in states that ended federal beneﬁts early.\"As a result, Goldman is assuming a 200k boost in tomorrow’s numbers and a larger boost in October. The bank also believes the reopening of schools contributed to September job growth, by around 150k. Despite these tailwinds, Big Data employment signals were mixed, and dining activity rebounded only marginally.\nLabor market proxies have been constructive for the month: ADP’s gauge of payrolls surprised to the upside, although analysts continue to note that the direct relationship between the official data and the ADP’s gauge is tenuous, despite the gap being under 100k over the last three reports. The number of initial jobless claims and continuing claims has eased back between the survey periods of the August and September jobs data, although analysts note that more recent releases have shown an uptick in claims potentially clouding the outlook. The ISM business surveys have signaled employment growth in the month, with manufacturing employment rising into growth territory again, but services sector hiring cooled a little in the month, but remains expansionary; survey commentary continues to allude to a tight labour market. The Bureau of Labor Statistics will release the September employment situation report at 13:30BST/08:30EDT on October 8th.\nPOLICY: The September jobs report might have reduced relevance on trading conditions given that Fed officials have effectively confirmed that, barring a collapse in the jobs data, it is on course to announce a tapering of its asset purchases at the November 3rd meeting. Accordingly, trading risks may be skewed to the downside, rather than to the upside, where a significant payrolls miss may present obstacles to the Fed announcing its taper. Additionally, it is worth being cognizant of how efforts in Washington to raise the debt ceiling are progressing; as yet, officials have not struck a deal, and are in the process of enacting stop gap legislation to allow funding into December; some analysts suggest that the Fed may be reticent to tighten policy in the face of potential default risks.\nPAYROLLS:The consensus looks for 500k nonfarm payrolls to be added to the US economy in September (prev. 235k), which would be a cooler rate of growth than the three- and six-month average rate, though in line with the 12-month average (3-month average is 750k/month, the six-month average is 653k/month, and the 12-month average is 503k/month – that technically at least suggests an improving rate of payrolls growth in recent months).Aggregating the nonfarm payrolls data since March 2020, around 5.33mln Americans remain out of work relative to pre-pandemic levels.\nMEASURES OF SLACK:The Unemployment Rate is expected at 5.1% (prev. 5.2%); Labour Force Participation previously at 61.7% vs 63.2% pre-pandemic; U6 measure of underemployment was previously at 8.8% vs 7.0% prepandemic; Employment-population ratio was previously 58.5% vs 61.1% pre-pandemic. These measures of slack are likely to provide more insight into how Fed officials are judging labour market progress, with many in recent months noting that they are closely watching the Underemployment Rate, Participation Rate, and the Employment-Population Ratio for a better handle on the level of slack that remains in the economy. Analysts would be encouraged the closer these get to pre-pandemic levels.\nEARNINGS:Average Hourly Earnings expected at +0.4% M/M (prev. +0.6%); Average Hourly Earnings expected at +4. 6% Y/Y (prev. +4.3%); Average Workweek Hours expected at 34.7hrs (prev. 34.7hrs). Aggregating the nonfarm payrolls data since March 2020, around 5.33mln Americans still remain out of work relative to pre-pandemic levels.\nADP:The ADP National Employment Report showed 568k jobs added to the US economy in September, topping expectations for 428k, and a better pace than the prior 340k (revised down from 374k initially reported). ADP itself said that the labor market recovery continued to make progress despite the marked slowdown in the rate of job additions from the 748k pace seen in Q2. It also noted that Leisure & Hospitality remained one of the biggest beneficiaries to the recovery, though said that hiring was still heavily impacted by the trajectory of the pandemic, especially for small firms. ADP thinks that the current bottlenecks in hiring will likely fade as the pandemic situation continues to improve, and that could set the stage for solid job gains in the months ahead. On the data methodology, analysts continue to note that ADP's model incorporates much of the prior official payrolls data, other macroeconomic variables, as well as data from its own payrolls platform; \"Payrolls were soft in August, thanks to the hit to the services sector from the Delta variant, and that weakness likely constrained ADP data,\" Pantheon Macroeconomics said. \"The overshoot to consensus, therefore, suggests that the other inputs to ADP’s model were stronger than we expected, but none of the details are published, so we don’t know if the overshoot was model-driven or due to stronger employment data at ADP’s clients.\"\nINITIAL JOBLESS CLAIMS:Initial jobless claims data for the week that coincides with the BLS jobs report survey window saw claims at around 351k – little changed from the 349k for the August jobs data survey window – where analysts said seasonal factors played a role in boosting the weekly data, while there may have been some lingering Hurricane Ida effects; the corresponding continuing claims data has fallen to 2.802mln in the September survey period vs 2.908mln in the August survey period. In aggregate, the data continues to point to declining trend, although in recent weeks the level of jobless claims has been picking up again.\nBUSINESS SURVEYS: The Services and Manufacturing ISM reports showed divergent trends in September, with the service sector employment sub-index easing a little to 53.0 from 53.7, signalling growth but at a slower rate, while the manufacturing employment sub-index rose back into expansionary territory, printing 50.2 from 49.0 prior. On the manufacturing sector, ISM said companies were still struggling to meet labour-management plans, but noted some modest signs of progress compared to previous months: \"Less than 5% of comments noted improvements regarding employment, compared to none in August,\" it said, \"an overwhelming majority of panelists indicate their companies are hiring or attempting to hire,\" where around 85% of responses were about seeking additional staffing, while nearly half of the respondents expressed difficulty in filling positions, an increase from August. \"The increasing frequency of comments on turnover rates and retirements continued a trend that began in August,\" ISM said. Meanwhile, in the services sector, employment activity rose for a third straight month; respondents noted that employees were flocking to better-paying jobs and there was a lack of pipeline to replace these staff, while other respondents talked of labor shortages being experienced at all levels.\nARGUING FOR A BETTER-THAN-EXPECTED REPORT:\n\nEnd of federal enhanced unemployment beneﬁts. The expiration of federal beneﬁts in some states boosted labor supply and job-ﬁnding rates over the summer, and all remaining such programs expired on September 5. The July and August indicated a cumulative 6pp boost to job-ﬁnding probabilities from June to August for workers losing $300 top-up payments and a 12pp boost for workers losing all beneﬁts.Some of the 6mn workers who lost some or all beneﬁts on September 5 got a job by September 18—in time to be counted in tomorrow’s data.Goldman assumes a +200k boost to job growth from this channel, with a larger increase in subsequent reports (+1.3mn cumulatively by year end).\n\n\n\nSchool reopening. The largest 100 school districts are all open for in-person learning, catalyzing the return of many previously furloughed teachers and support staff. While full normalization of employment levels would contribute 600k jobs (mom sa, see left panel of the chart below), some janitors and support staff did not return due to hybrid teaching models, and job openings in the sector are only 200k above the pre-crisis level (see right panel). Relatedly, the BLS’s seasonal factors already embed the usual rehiring of education workers on summer layoff, so if fewer janitors returned to work than in a typical September, this would reduce seasonally adjusted job growth, other things equal. Taken together, assume a roughly 150k boost from the reopening of schools in tomorrow’s report.\n\n\n\nJob availability. The Conference Board labor differential—the difference between the percent of respondents saying jobs are plentiful and those saying jobs are hardto get - edged down to 42.5 from 44.4, still an elevated level. Additionally, JOLTS job openings increased by 749k in July to a new record high of 10.9mn.\nADP.Private sector employment in the ADP report increased by 568k in September, above consensus expectations for a 430k gain, implying strong growth in the underlying ADP sample. Additionally, schools generally do not use ADP payroll software, arguing for a larger gain from school reopening in the official payroll measure.\n\nARGUING FOR A WEAKER-THAN-EXPECTED REPORT:\n\nDelta variant.Rebounding covid infection rates weighed on services consumption and the labor market in August. And while US case counts began to decline in early September, restaurant seatings on Open Table rebounded only marginally. leisure and hospitality employment rose in September, but probably not at the ~400k monthly pace of June and July.\nEmployer surveys. The employment components of our business surveys were flat to down, whereas we and consensus forecast a pickup in job growth. Goldman's services survey employment tracker remained unchanged at 54.5 and the manufacturing survey employment tracker declined 0.4pt to 57.8. And while the Goldman Sachs Analyst Index (GSAI) decreased 0.8% to 68.5, the employment component rose1.9% to 71.9.\n\nNEUTRAL FACTORS:\n\nBig Data.High-frequency data on the labor market were mixed between the August and September survey weeks, on net providing little guidance about the underlying pace of job growth. Three of the five measures tracked indicate an at-or-above-consensus gain (Census Small Business Pulse +0.5mn, ADP +0.6mn,Google mobility +2mn), but the Homebase data was an outlier to the downside. At face value, it would indicate a large outright decline in payrolls. The Census Household Pulse (-0.6mn) was also quite weak, though encouragingly, it also indicated a large drop in childcare-related labor supply headwinds as schools reopened.\nSeasonality.The September seasonal hurdle is relatively low: the BLS adjustment factors generally assume a 600-700k decline in private payrolls (which exclude public schools), compared to around -100k on average in July and August. Continued labor shortages encouraged firms to lay off fewer workers at the end of summer. Partially offsetting this tailwind, the September seasonal factors may have evolved unfavorably due to the crisis—specifically by fitting to last September’s reopening-driven job surge (private payrolls +932k mom sa).\nJobless claims.Initial jobless claims fell during the September payroll month, averaging 339k per week vs. 378k in August despite a boost from individuals transitioning or attempting to transition to state programs. Across all employee programs including emergency benefits, continuing claims fell dramatically (-3.3mn)–but again for non-economic reasons (federal enhanced programs expired). Continuing claims in regular state programs decreased 106k from survey week to survey week.\nJob cuts.Announced layoffs reported by Challenger, Gray & Christmas rebounded 11% month-over-month in September after decreasing by 14% over the prior two months (SA by GS). Nonetheless, layoffs remain near the three-decade low on this measure (in 1993).","news_type":1},"isVote":1,"tweetType":1,"viewCount":486,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":872845728,"gmtCreate":1637487987945,"gmtModify":1637487988055,"author":{"id":"4092954016720550","authorId":"4092954016720550","name":"Ramesh78","avatar":"https://static.tigerbbs.com/3c0c1ebc7b58a181d8b45be1ce9b944a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>good","listText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>good","text":"$Apple(AAPL)$good","images":[{"img":"https://static.tigerbbs.com/8896774c53c06a301e585c7a87269fb2","width":"1080","height":"3650"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/872845728","isVote":1,"tweetType":1,"viewCount":359,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":824382806,"gmtCreate":1634279720129,"gmtModify":1634279720231,"author":{"id":"4092954016720550","authorId":"4092954016720550","name":"Ramesh78","avatar":"https://static.tigerbbs.com/3c0c1ebc7b58a181d8b45be1ce9b944a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/824382806","repostId":"2175191891","repostType":4,"repost":{"id":"2175191891","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":1634279654,"share":"https://www.laohu8.com/m/news/2175191891?lang=&edition=full","pubTime":"2021-10-15 14:34","market":"us","language":"en","title":"S.Korea targets Apple over new app store regulation","url":"https://stock-news.laohu8.com/highlight/detail?id=2175191891","media":"Reuters","summary":"SEOUL, Oct 15 (Reuters) - Apple Inc was on a collision course with South Korea on Friday over new re","content":"<p>SEOUL, Oct 15 (Reuters) - Apple Inc was on a collision course with South Korea on Friday over new requirements that it stop forcing app developers to use its payment systems, with a government official warning of a possible investigation into the iPhone maker's compliance.</p>\n<p>The development comes after South Korea amended the Telecommunication Business Act in August to try to curb the tech majors' market dominance and stop the big app store operators such as Apple and Alphabet Inc's Google from charging commissions on in-app purchases.</p>\n<p>The law went into effect last month but Apple had told the South Korean government that it was already complying and did not need to change its app store policy, a Korea Communications Commission (KCC) official in charge of the matter told Reuters.</p>\n<p>\"This goes against the purpose of the amended law,\" the official said, requesting anonymity as the KCC was still in talks with Apple on compliance.</p>\n<p>The regulator would ask Apple's South Korean unit for a new company policy giving greater autonomy in payment methods, and if Apple failed to comply, would consider measures such as a fact-finding probe as a precursor to possible fines or other penalties.</p>\n<p>Apple did not immediately reply to a request for comment.</p>\n<p>Google had informed the KCC that it planned to comply with the law, including allowing third-party payment systems, and would discuss the matter with the regulator starting next week, the KCC official said.</p>\n<p>Google did not immediately reply to a Reuters' request for comment.</p>\n<p>Jung Jong-chae, a lawyer specialising in antitrust matters, said Apple had more to lose than Google from the Korean regulation.</p>\n<p>\"Differences between Apple and Google in willingness to give ground may be because Apple controls everything from hardware to operating system (OS) to app market to payment system,\" he told Reuters.</p>\n<p>\"And (Apple) has more to lose if its dominance breaks on any front, which could lead to calls for openness on other fronts.\"</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>S.Korea targets Apple over new app store regulation</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nS.Korea targets Apple over new app store regulation\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\">2021-10-15 14:34</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>SEOUL, Oct 15 (Reuters) - Apple Inc was on a collision course with South Korea on Friday over new requirements that it stop forcing app developers to use its payment systems, with a government official warning of a possible investigation into the iPhone maker's compliance.</p>\n<p>The development comes after South Korea amended the Telecommunication Business Act in August to try to curb the tech majors' market dominance and stop the big app store operators such as Apple and Alphabet Inc's Google from charging commissions on in-app purchases.</p>\n<p>The law went into effect last month but Apple had told the South Korean government that it was already complying and did not need to change its app store policy, a Korea Communications Commission (KCC) official in charge of the matter told Reuters.</p>\n<p>\"This goes against the purpose of the amended law,\" the official said, requesting anonymity as the KCC was still in talks with Apple on compliance.</p>\n<p>The regulator would ask Apple's South Korean unit for a new company policy giving greater autonomy in payment methods, and if Apple failed to comply, would consider measures such as a fact-finding probe as a precursor to possible fines or other penalties.</p>\n<p>Apple did not immediately reply to a request for comment.</p>\n<p>Google had informed the KCC that it planned to comply with the law, including allowing third-party payment systems, and would discuss the matter with the regulator starting next week, the KCC official said.</p>\n<p>Google did not immediately reply to a Reuters' request for comment.</p>\n<p>Jung Jong-chae, a lawyer specialising in antitrust matters, said Apple had more to lose than Google from the Korean regulation.</p>\n<p>\"Differences between Apple and Google in willingness to give ground may be because Apple controls everything from hardware to operating system (OS) to app market to payment system,\" he told Reuters.</p>\n<p>\"And (Apple) has more to lose if its dominance breaks on any front, which could lead to calls for openness on other fronts.\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","GOOGL":"谷歌A"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2175191891","content_text":"SEOUL, Oct 15 (Reuters) - Apple Inc was on a collision course with South Korea on Friday over new requirements that it stop forcing app developers to use its payment systems, with a government official warning of a possible investigation into the iPhone maker's compliance.\nThe development comes after South Korea amended the Telecommunication Business Act in August to try to curb the tech majors' market dominance and stop the big app store operators such as Apple and Alphabet Inc's Google from charging commissions on in-app purchases.\nThe law went into effect last month but Apple had told the South Korean government that it was already complying and did not need to change its app store policy, a Korea Communications Commission (KCC) official in charge of the matter told Reuters.\n\"This goes against the purpose of the amended law,\" the official said, requesting anonymity as the KCC was still in talks with Apple on compliance.\nThe regulator would ask Apple's South Korean unit for a new company policy giving greater autonomy in payment methods, and if Apple failed to comply, would consider measures such as a fact-finding probe as a precursor to possible fines or other penalties.\nApple did not immediately reply to a request for comment.\nGoogle had informed the KCC that it planned to comply with the law, including allowing third-party payment systems, and would discuss the matter with the regulator starting next week, the KCC official said.\nGoogle did not immediately reply to a Reuters' request for comment.\nJung Jong-chae, a lawyer specialising in antitrust matters, said Apple had more to lose than Google from the Korean regulation.\n\"Differences between Apple and Google in willingness to give ground may be because Apple controls everything from hardware to operating system (OS) to app market to payment system,\" he told Reuters.\n\"And (Apple) has more to lose if its dominance breaks on any front, which could lead to calls for openness on other fronts.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":360,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":872845562,"gmtCreate":1637487959097,"gmtModify":1637487959207,"author":{"id":"4092954016720550","authorId":"4092954016720550","name":"Ramesh78","avatar":"https://static.tigerbbs.com/3c0c1ebc7b58a181d8b45be1ce9b944a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>good","listText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>good","text":"$Apple(AAPL)$good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/872845562","isVote":1,"tweetType":1,"viewCount":447,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":826626554,"gmtCreate":1634015664434,"gmtModify":1634015724948,"author":{"id":"4092954016720550","authorId":"4092954016720550","name":"Ramesh78","avatar":"https://static.tigerbbs.com/3c0c1ebc7b58a181d8b45be1ce9b944a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/826626554","repostId":"2174854361","repostType":4,"repost":{"id":"2174854361","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":1633992660,"share":"https://www.laohu8.com/m/news/2174854361?lang=&edition=full","pubTime":"2021-10-12 06:51","market":"us","language":"en","title":"Wall St ends choppy session lower on earnings jitters; financials down","url":"https://stock-news.laohu8.com/highlight/detail?id=2174854361","media":"Reuters","summary":"NEW YORK, Oct 11  - U.S. stocks ended a choppy session lower on Monday as investors grew nervous ahead of third-quarter earnings reporting season.Supply chain problems and higher costs for energy and other things have fueled concern about earnings, set to kick off with JPMorgan Chase & Co  results on Wednesday.Indexes reversed early gains after midday and added to losses just before the close. JPMorgan shares were down 2.1% and among the biggest drags on the S&P 500 along with Amazon.com. , whic","content":"<p>NEW YORK, Oct 11 (Reuters) - U.S. stocks ended a choppy session lower on Monday as investors grew nervous ahead of third-quarter earnings reporting season.</p>\n<p>Supply chain problems and higher costs for energy and other things have fueled concern about earnings, set to kick off with JPMorgan Chase &amp; Co&nbsp; results on Wednesday.</p>\n<p>Indexes reversed early gains after midday and added to losses just before the close. JPMorgan shares were down 2.1% and among the biggest drags on the S&amp;P 500 along with Amazon.com</p>\n<p>, which fell 1.3%. The S&amp;P financial index&nbsp;was down 1%, while communication services&nbsp;dropped 1.5%.</p>\n<p>\"The market is a bit cautious going into this earnings season,\" said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York. \"Supply chain issues may have impacted earnings for a number of companies and certain industries more than others.\"</p>\n<p>While another period of strong U.S. profit growth is forecast for Corporate America, earnings are shaping up to be crucial for investors worried about how supply disruptions and inflation pressures will affect bottom lines.</p>\n<p>That could lead to more volatility on Wall Street following a bruising September. Analysts expect a 29.6% year-over-year increase in profit for S&amp;P 500 companies in the third quarter, according to IBES data from Refinitiv as of Friday.</p>\n<p>The Dow Jones Industrial Average&nbsp;fell 250.19 points, or 0.72%, to 34,496.06, the S&amp;P 500 lost 30.15 points, or 0.69%, to 4,361.19 and the Nasdaq Composite&nbsp;dropped 93.34 points, or 0.64%, to 14,486.20.</p>\n<p>The energy sector&nbsp;also ended lower after hitting its highest since January 2020 earlier in the day. Higher oil prices have fed into concerns about rising costs for businesses and consumers.</p>\n<p>Analysts do expect some positive earnings news. \"If you're a larger company, you're able to mitigate a lot of these issues,\" said Christopher Harvey, head of equity strategy at Wells Fargo Securities in New York.</p>\n<p>Managements \"have been very cognizant of their budgets and not sacrificing margins.\" Plus, demand remains strong, he said.</p>\n<p><a href=\"https://laohu8.com/S/V\">Visa</a> Inc.&nbsp;was down 2.2% and Mastercard Inc&nbsp;also fell 2.2% among the biggest drags on the S&amp;P 500.</p>\n<p>Volume on U.S. exchanges was 8.15 billion shares, compared with the 10.9 billion average for the full session over the last 20 trading days.</p>\n<p>Trading may have been slower due to the U.S. federal holiday Monday, with U.S. bond markets shut for the day.</p>\n<p>Among individual stocks, Southwest Airlines Co fell 4.2% on a report that it canceled at least 30% of scheduled flights on Sunday.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall St ends choppy session lower on earnings jitters; financials down</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\">\nWall St ends choppy session lower on earnings jitters; financials down\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\">2021-10-12 06:51</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>NEW YORK, Oct 11 (Reuters) - U.S. stocks ended a choppy session lower on Monday as investors grew nervous ahead of third-quarter earnings reporting season.</p>\n<p>Supply chain problems and higher costs for energy and other things have fueled concern about earnings, set to kick off with JPMorgan Chase &amp; Co&nbsp; results on Wednesday.</p>\n<p>Indexes reversed early gains after midday and added to losses just before the close. JPMorgan shares were down 2.1% and among the biggest drags on the S&amp;P 500 along with Amazon.com</p>\n<p>, which fell 1.3%. The S&amp;P financial index&nbsp;was down 1%, while communication services&nbsp;dropped 1.5%.</p>\n<p>\"The market is a bit cautious going into this earnings season,\" said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York. \"Supply chain issues may have impacted earnings for a number of companies and certain industries more than others.\"</p>\n<p>While another period of strong U.S. profit growth is forecast for Corporate America, earnings are shaping up to be crucial for investors worried about how supply disruptions and inflation pressures will affect bottom lines.</p>\n<p>That could lead to more volatility on Wall Street following a bruising September. Analysts expect a 29.6% year-over-year increase in profit for S&amp;P 500 companies in the third quarter, according to IBES data from Refinitiv as of Friday.</p>\n<p>The Dow Jones Industrial Average&nbsp;fell 250.19 points, or 0.72%, to 34,496.06, the S&amp;P 500 lost 30.15 points, or 0.69%, to 4,361.19 and the Nasdaq Composite&nbsp;dropped 93.34 points, or 0.64%, to 14,486.20.</p>\n<p>The energy sector&nbsp;also ended lower after hitting its highest since January 2020 earlier in the day. Higher oil prices have fed into concerns about rising costs for businesses and consumers.</p>\n<p>Analysts do expect some positive earnings news. \"If you're a larger company, you're able to mitigate a lot of these issues,\" said Christopher Harvey, head of equity strategy at Wells Fargo Securities in New York.</p>\n<p>Managements \"have been very cognizant of their budgets and not sacrificing margins.\" Plus, demand remains strong, he said.</p>\n<p><a href=\"https://laohu8.com/S/V\">Visa</a> Inc.&nbsp;was down 2.2% and Mastercard Inc&nbsp;also fell 2.2% among the biggest drags on the S&amp;P 500.</p>\n<p>Volume on U.S. exchanges was 8.15 billion shares, compared with the 10.9 billion average for the full session over the last 20 trading days.</p>\n<p>Trading may have been slower due to the U.S. federal holiday Monday, with U.S. bond markets shut for the day.</p>\n<p>Among individual stocks, Southwest Airlines Co fell 4.2% on a report that it canceled at least 30% of scheduled flights on Sunday.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LUV":"西南航空",".IXIC":"NASDAQ Composite","V":"Visa",".SPX":"S&P 500 Index","MA":"万事达","AMZN":"亚马逊","JPM":"摩根大通",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2174854361","content_text":"NEW YORK, Oct 11 (Reuters) - U.S. stocks ended a choppy session lower on Monday as investors grew nervous ahead of third-quarter earnings reporting season.\nSupply chain problems and higher costs for energy and other things have fueled concern about earnings, set to kick off with JPMorgan Chase & Co  results on Wednesday.\nIndexes reversed early gains after midday and added to losses just before the close. JPMorgan shares were down 2.1% and among the biggest drags on the S&P 500 along with Amazon.com\n, which fell 1.3%. The S&P financial index was down 1%, while communication services dropped 1.5%.\n\"The market is a bit cautious going into this earnings season,\" said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York. \"Supply chain issues may have impacted earnings for a number of companies and certain industries more than others.\"\nWhile another period of strong U.S. profit growth is forecast for Corporate America, earnings are shaping up to be crucial for investors worried about how supply disruptions and inflation pressures will affect bottom lines.\nThat could lead to more volatility on Wall Street following a bruising September. Analysts expect a 29.6% year-over-year increase in profit for S&P 500 companies in the third quarter, according to IBES data from Refinitiv as of Friday.\nThe Dow Jones Industrial Average fell 250.19 points, or 0.72%, to 34,496.06, the S&P 500 lost 30.15 points, or 0.69%, to 4,361.19 and the Nasdaq Composite dropped 93.34 points, or 0.64%, to 14,486.20.\nThe energy sector also ended lower after hitting its highest since January 2020 earlier in the day. Higher oil prices have fed into concerns about rising costs for businesses and consumers.\nAnalysts do expect some positive earnings news. \"If you're a larger company, you're able to mitigate a lot of these issues,\" said Christopher Harvey, head of equity strategy at Wells Fargo Securities in New York.\nManagements \"have been very cognizant of their budgets and not sacrificing margins.\" Plus, demand remains strong, he said.\nVisa Inc. was down 2.2% and Mastercard Inc also fell 2.2% among the biggest drags on the S&P 500.\nVolume on U.S. exchanges was 8.15 billion shares, compared with the 10.9 billion average for the full session over the last 20 trading days.\nTrading may have been slower due to the U.S. federal holiday Monday, with U.S. bond markets shut for the day.\nAmong individual stocks, Southwest Airlines Co fell 4.2% on a report that it canceled at least 30% of scheduled flights on Sunday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":448,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":823116942,"gmtCreate":1633597908102,"gmtModify":1633597908562,"author":{"id":"4092954016720550","authorId":"4092954016720550","name":"Ramesh78","avatar":"https://static.tigerbbs.com/3c0c1ebc7b58a181d8b45be1ce9b944a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/823116942","repostId":"2173946751","repostType":4,"repost":{"id":"2173946751","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1633595657,"share":"https://www.laohu8.com/m/news/2173946751?lang=&edition=full","pubTime":"2021-10-07 16:34","market":"hk","language":"en","title":"5 Stocks To Watch For October 7, 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=2173946751","media":"Benzinga","summary":"Some of the stocks that may grab investor focus today are:","content":"<p>Some of the stocks that may grab investor focus today are:</p>\n<ul>\n <li>Wall Street expects <b> Conagra Brands Inc</b> (NYSE:CAG) to report quarterly earnings at $0.49 per share on revenue of $2.54 billion before the opening bell. Conagra shares rose 0.4% to $34.60 in after-hours trading.</li>\n <li>Analysts are expecting <b> Helen of Troy Limited</b> (NASDAQ:HELE) to have earned $2.17 per share on revenue of $428.16 million for the latest quarter. The company will release earnings before the market open. Helen of Troy shares gained 0.2% to $218.41 in after-hours trading.</li>\n <li><i>Find out what's going on in today's market and bring any questions you have to Benzinga's PreMarket Prep.</i></li>\n</ul>\n<ul>\n <li><b><a href=\"https://laohu8.com/S/TWTR\">Twitter</a> Inc</b> (NASDAQ:TWTR) agreed to sell its MoPub mobile ad unit to <b><a href=\"https://laohu8.com/S/APP\">AppLovin Corporation</a></b> (NASDAQ:APP) for $1.05 billion in cash. Twitter shares gained 2% to $62.50 in after-hours trading, while AppLovin shares climbed 9.5% to $84.30 in the after-hours trading session.</li>\n <li>Analysts expect <b> Lamb Weston Holdings Inc</b> (NYSE:LW) to post quarterly earnings at $0.39 per share on revenue of $993.09 million before the opening bell. Lamb Weston shares fell 0.1% to $62.25 in after-hours trading.</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>5 Stocks To Watch For October 7, 2021</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\">\n5 Stocks To Watch For October 7, 2021\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-10-07 16:34</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Some of the stocks that may grab investor focus today are:</p>\n<ul>\n <li>Wall Street expects <b> Conagra Brands Inc</b> (NYSE:CAG) to report quarterly earnings at $0.49 per share on revenue of $2.54 billion before the opening bell. Conagra shares rose 0.4% to $34.60 in after-hours trading.</li>\n <li>Analysts are expecting <b> Helen of Troy Limited</b> (NASDAQ:HELE) to have earned $2.17 per share on revenue of $428.16 million for the latest quarter. The company will release earnings before the market open. Helen of Troy shares gained 0.2% to $218.41 in after-hours trading.</li>\n <li><i>Find out what's going on in today's market and bring any questions you have to Benzinga's PreMarket Prep.</i></li>\n</ul>\n<ul>\n <li><b><a href=\"https://laohu8.com/S/TWTR\">Twitter</a> Inc</b> (NASDAQ:TWTR) agreed to sell its MoPub mobile ad unit to <b><a href=\"https://laohu8.com/S/APP\">AppLovin Corporation</a></b> (NASDAQ:APP) for $1.05 billion in cash. Twitter shares gained 2% to $62.50 in after-hours trading, while AppLovin shares climbed 9.5% to $84.30 in the after-hours trading session.</li>\n <li>Analysts expect <b> Lamb Weston Holdings Inc</b> (NYSE:LW) to post quarterly earnings at $0.39 per share on revenue of $993.09 million before the opening bell. Lamb Weston shares fell 0.1% to $62.25 in after-hours trading.</li>\n</ul>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QNETCN":"纳斯达克中美互联网老虎指数","TWTR":"Twitter","APP":"AppLovin Corporation","CAG":"康尼格拉","LW":"Lamb Weston Holdings, Inc.","HELE":"海伦特洛伊家电"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2173946751","content_text":"Some of the stocks that may grab investor focus today are:\n\nWall Street expects  Conagra Brands Inc (NYSE:CAG) to report quarterly earnings at $0.49 per share on revenue of $2.54 billion before the opening bell. Conagra shares rose 0.4% to $34.60 in after-hours trading.\nAnalysts are expecting  Helen of Troy Limited (NASDAQ:HELE) to have earned $2.17 per share on revenue of $428.16 million for the latest quarter. The company will release earnings before the market open. Helen of Troy shares gained 0.2% to $218.41 in after-hours trading.\nFind out what's going on in today's market and bring any questions you have to Benzinga's PreMarket Prep.\n\n\nTwitter Inc (NASDAQ:TWTR) agreed to sell its MoPub mobile ad unit to AppLovin Corporation (NASDAQ:APP) for $1.05 billion in cash. Twitter shares gained 2% to $62.50 in after-hours trading, while AppLovin shares climbed 9.5% to $84.30 in the after-hours trading session.\nAnalysts expect  Lamb Weston Holdings Inc (NYSE:LW) to post quarterly earnings at $0.39 per share on revenue of $993.09 million before the opening bell. Lamb Weston shares fell 0.1% to $62.25 in after-hours trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":551,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":823116005,"gmtCreate":1633597896063,"gmtModify":1633597896181,"author":{"id":"4092954016720550","authorId":"4092954016720550","name":"Ramesh78","avatar":"https://static.tigerbbs.com/3c0c1ebc7b58a181d8b45be1ce9b944a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/823116005","repostId":"2173946751","repostType":4,"repost":{"id":"2173946751","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1633595657,"share":"https://www.laohu8.com/m/news/2173946751?lang=&edition=full","pubTime":"2021-10-07 16:34","market":"hk","language":"en","title":"5 Stocks To Watch For October 7, 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=2173946751","media":"Benzinga","summary":"Some of the stocks that may grab investor focus today are:","content":"<p>Some of the stocks that may grab investor focus today are:</p>\n<ul>\n <li>Wall Street expects <b> Conagra Brands Inc</b> (NYSE:CAG) to report quarterly earnings at $0.49 per share on revenue of $2.54 billion before the opening bell. Conagra shares rose 0.4% to $34.60 in after-hours trading.</li>\n <li>Analysts are expecting <b> Helen of Troy Limited</b> (NASDAQ:HELE) to have earned $2.17 per share on revenue of $428.16 million for the latest quarter. The company will release earnings before the market open. Helen of Troy shares gained 0.2% to $218.41 in after-hours trading.</li>\n <li><i>Find out what's going on in today's market and bring any questions you have to Benzinga's PreMarket Prep.</i></li>\n</ul>\n<ul>\n <li><b><a href=\"https://laohu8.com/S/TWTR\">Twitter</a> Inc</b> (NASDAQ:TWTR) agreed to sell its MoPub mobile ad unit to <b><a href=\"https://laohu8.com/S/APP\">AppLovin Corporation</a></b> (NASDAQ:APP) for $1.05 billion in cash. Twitter shares gained 2% to $62.50 in after-hours trading, while AppLovin shares climbed 9.5% to $84.30 in the after-hours trading session.</li>\n <li>Analysts expect <b> Lamb Weston Holdings Inc</b> (NYSE:LW) to post quarterly earnings at $0.39 per share on revenue of $993.09 million before the opening bell. Lamb Weston shares fell 0.1% to $62.25 in after-hours trading.</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>5 Stocks To Watch For October 7, 2021</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\">\n5 Stocks To Watch For October 7, 2021\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-10-07 16:34</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Some of the stocks that may grab investor focus today are:</p>\n<ul>\n <li>Wall Street expects <b> Conagra Brands Inc</b> (NYSE:CAG) to report quarterly earnings at $0.49 per share on revenue of $2.54 billion before the opening bell. Conagra shares rose 0.4% to $34.60 in after-hours trading.</li>\n <li>Analysts are expecting <b> Helen of Troy Limited</b> (NASDAQ:HELE) to have earned $2.17 per share on revenue of $428.16 million for the latest quarter. The company will release earnings before the market open. Helen of Troy shares gained 0.2% to $218.41 in after-hours trading.</li>\n <li><i>Find out what's going on in today's market and bring any questions you have to Benzinga's PreMarket Prep.</i></li>\n</ul>\n<ul>\n <li><b><a href=\"https://laohu8.com/S/TWTR\">Twitter</a> Inc</b> (NASDAQ:TWTR) agreed to sell its MoPub mobile ad unit to <b><a href=\"https://laohu8.com/S/APP\">AppLovin Corporation</a></b> (NASDAQ:APP) for $1.05 billion in cash. Twitter shares gained 2% to $62.50 in after-hours trading, while AppLovin shares climbed 9.5% to $84.30 in the after-hours trading session.</li>\n <li>Analysts expect <b> Lamb Weston Holdings Inc</b> (NYSE:LW) to post quarterly earnings at $0.39 per share on revenue of $993.09 million before the opening bell. Lamb Weston shares fell 0.1% to $62.25 in after-hours trading.</li>\n</ul>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QNETCN":"纳斯达克中美互联网老虎指数","TWTR":"Twitter","APP":"AppLovin Corporation","CAG":"康尼格拉","LW":"Lamb Weston Holdings, Inc.","HELE":"海伦特洛伊家电"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2173946751","content_text":"Some of the stocks that may grab investor focus today are:\n\nWall Street expects  Conagra Brands Inc (NYSE:CAG) to report quarterly earnings at $0.49 per share on revenue of $2.54 billion before the opening bell. Conagra shares rose 0.4% to $34.60 in after-hours trading.\nAnalysts are expecting  Helen of Troy Limited (NASDAQ:HELE) to have earned $2.17 per share on revenue of $428.16 million for the latest quarter. The company will release earnings before the market open. Helen of Troy shares gained 0.2% to $218.41 in after-hours trading.\nFind out what's going on in today's market and bring any questions you have to Benzinga's PreMarket Prep.\n\n\nTwitter Inc (NASDAQ:TWTR) agreed to sell its MoPub mobile ad unit to AppLovin Corporation (NASDAQ:APP) for $1.05 billion in cash. Twitter shares gained 2% to $62.50 in after-hours trading, while AppLovin shares climbed 9.5% to $84.30 in the after-hours trading session.\nAnalysts expect  Lamb Weston Holdings Inc (NYSE:LW) to post quarterly earnings at $0.39 per share on revenue of $993.09 million before the opening bell. Lamb Weston shares fell 0.1% to $62.25 in after-hours trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":572,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":823118108,"gmtCreate":1633597831693,"gmtModify":1633597831850,"author":{"id":"4092954016720550","authorId":"4092954016720550","name":"Ramesh78","avatar":"https://static.tigerbbs.com/3c0c1ebc7b58a181d8b45be1ce9b944a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/823118108","repostId":"1129125427","repostType":4,"isVote":1,"tweetType":1,"viewCount":540,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":821918432,"gmtCreate":1633684979114,"gmtModify":1633684979290,"author":{"id":"4092954016720550","authorId":"4092954016720550","name":"Ramesh78","avatar":"https://static.tigerbbs.com/3c0c1ebc7b58a181d8b45be1ce9b944a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/821918432","repostId":"1154698505","repostType":4,"repost":{"id":"1154698505","pubTimestamp":1633678648,"share":"https://www.laohu8.com/m/news/1154698505?lang=&edition=full","pubTime":"2021-10-08 15:37","market":"us","language":"en","title":"Is Tesla's Stock Forecast Impacted By Rivian R1T Electric Truck?","url":"https://stock-news.laohu8.com/highlight/detail?id=1154698505","media":"Seeking Alpha","summary":"Summary\n\nTesla does not have a large model range right now and is thus dependent on new entrants suc","content":"<p><b>Summary</b></p>\n<ul>\n <li>Tesla does not have a large model range right now and is thus dependent on new entrants such as the Cybertruck - which recently got delayed.</li>\n <li>Peers are entering the highly attractive electric truck space way before Tesla, including Rivian with its R1T and Ford with the F-150 Lightning.</li>\n <li>This could hurt Tesla's brand image as well as its stock price, as Tesla has lost the first-mover advantage in this important future market.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ccf7c15134ff043f2c3df0d488a4f631\" tg-width=\"1536\" tg-height=\"1022\" width=\"100%\" height=\"auto\"><span>David Becker/Getty Images News</span></p>\n<p><b>Article Thesis</b></p>\n<p>Tesla, Inc.(NASDAQ:TSLA)is priced for massive growth over the coming years. The company's industry position is strong today, but competition is a concern. Rivian Automotive's (RIVN) R1T truck will gain a sizeable presence in the electric truck space, which could hurt the outlook for Tesla's Cybertruck that is still about two years away from mass production. Generally, this space should be large enough to accommodate several players a couple of years from now, but the fact that Tesla has lost its first-mover advantage is naturally not a positive. Overall, Tesla's shares seem pretty expensive for where the company stands today, but depending on market sentiment, shares may still run higher.</p>\n<p><b>Is Rivian Publicly Traded?</b></p>\n<p>Rivian Automotive is, so far, not publicly traded. The company plans to go public in the near term, however, as Rivian has filed theS-1for its initial public offering a couple of days ago. The company seeks to sell 10% of its shares for around $8 billion, which would value the company at $80 billion. For a company that has just recently started mass-producing its first model, that seems quite expensive, but then again, Rivian is backed by companies such as Amazon(NASDAQ:AMZN)and Ford(NYSE:F)and has a compelling product and the first-mover advantage in the electric truck market.</p>\n<p><b>How Is Rivian Different From Tesla?</b></p>\n<p>The two companies are active in the same industry, but there are vast differences between them. The most obvious one is the size and scale of the company -- Tesla is currently producing around 900,000 vehicles a year, while Rivian has just begun producing its first model. Tesla operates several factories across different continents and owns a network of stores and superchargers, while the same is not true for Rivian. Last but not least, Tesla is ambitious to become a major player in energy storage, solar, etc. These ventures are not profitable yet, which limits the current value of these business units, but Tesla is clearly more diversified across the whole \"new energy\" industry compared to Rivian, which is an EV manufacturer solely.</p>\n<p>Tesla's way larger size and established operations also lead to another important difference -- Tesla is, unlike Rivian, profitable and able to self-fund its operations and capital expenditures, which makes it less dependent on capital markets. Rivian will, for the foreseeable future, rely on capital markets to fund its future growth.</p>\n<p><b>Will Tesla Be Impacted By Rivian's R1T Truck?</b></p>\n<p>Tesla has, in the past, grown its production volumes and revenues reliably through two growth drivers: The introduction of new models, and through increasing sales volumes for its existing models. Over the last couple of quarters, almost all of Tesla's sales stemmed from Model 3 and Model Y sales, as X and S sales took a backseat. Future growth will likely be driven by increasing sales of Tesla's 3 and Y models, but the company is also dependent on the introduction of new models to some degree. The Roadster 2 will not be a volume model, but a lot of hope rests on Tesla's Cybertruck. The Cybertruck, which was presented in 2019, will go into production towards the end of 2022, according to CEO&nbsp;Elon Musk. Mass production, however, is still further away, and targeted for the end of 2023, or about two years from now.</p>\n<p>When we consider the fact that Tesla has oftentimes missed its own timelines, be it robo-taxis, the Roadster 2, or others, it seems possible that the Cybertruck will be delayed further, and may not be mass-produced before 2024. This would be the case if Tesla misses current estimates by a couple of months, which wouldn't be an overly large surprise. By that time, Rivian will have produced its R1T truck for a couple of years, and others will have entered the attractive electric truck market as well. Ford, for example, is on track to bring its F-150 Lighting to the market soon, as&nbsp;pre-production&nbsp;started in September, and market entry is just a matter of months.</p>\n<p>The competition from Rivian's R1T and Ford's F-150 could impact Tesla in several ways. First, the fact that the Cybertruck will be late to the market relative to competitors' products will mean that those customers that are very eager to buy an electric truck will go with Rivian or Ford, and not Tesla. Those very eager customers do likely include many that are willing to pay above-average prices, which will allow Ford and Rivian to absorb buying power that is then not available for Tesla when it brings out its Cybertruck two years later.</p>\n<p>On top of that, the fact that the R1T and the F-150 Lighting will be on the roads well before the Cybertruck is available could hurt Tesla's image as a key electric truck manufacturer. Tesla has the brand advantage in EVs, generally, thanks to its first-mover advantage. But with it being late in the truck space, this first-mover advantage and the increased brand recognition could fall to Rivian and Ford instead of Tesla. As long as Rivian's and Ford's products satisfy customers (which is not guaranteed), truck buyers might build brand loyalty with Rivian and Ford, which could hurt Tesla's ability to sell its Cybertruck and future electric trucks in the long run. Once the opportunity to be a first-mover is missed, others have the advantage, similar to how Tesla has an advantage in selling electric cars today.</p>\n<p>Last but not least, successful launches by Rivian and Ford could also impact Tesla's stock valuation. In case both Rivian and Ford are able to scale up production well and sell large amounts of electric trucks before the Cybertruck is released, investors interested in EV stocks may start to divert away from Tesla. If Rivian is successful in rolling out an electric truck well before Tesla, some current Tesla shareholders may decide to go with Rivian instead, or to split investments between the two companies. This could, in turn, lead to lower demand for Tesla's shares and to some selling pressure, which would be a negative for TSLA stock.</p>\n<p>None of these is guaranteed, and it is, of course, possible that Tesla beats its own timeline and that the Cybertruck will be made available sooner than expected. It is also possible that manufacturing problems for the R1T or the F-150 Lightning emerge, which would mean that Tesla has more time to catch up. But for now it looks like Rivian and Ford are in the leadership position in the electric truck space, and Tesla being behind its competitors naturally is a negative for the company and its stock. This could hurt demand for the Cybertruck, hurt Tesla's brand image as a technological leader and first-mover, and it could make its shares less compelling relative to those of other EV manufacturers.</p>\n<p><b>Is Tesla Stock A Buy, Sell, Or Hold?</b></p>\n<p>The electric truck space will be large enough to allow several players to do well a couple of years from now, thus Tesla being behind with its Cybertruck does not mean that the model will not sell well. But it is still important to know whether a company will hold a 30% market share or a 20% market share, for example, five years from now. With Tesla being behind competitors, I do believe that it is not very likely that Tesla will dominate the US electric truck space the same way it dominates the US electric car space today.</p>\n<p>Tesla will still see its volumes and revenue grow over the coming years, but growth may not be meaningful enough to justify the current valuation. Tesla is forecasted to generate revenue of $51 billion this year, $67 billion in 2022, and $83 billion in 2023:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9c2d74e02403e2b6edbc187bf103c6bb\" tg-width=\"635\" tg-height=\"467\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p>\n<p>This equates to a growth rate of 31% next year and 24% in 2023. Note that expected revenue growth is less than the 50% average volume growth expected by Tesla, due to the fact that current analyst models predict that Tesla may not be able to deliver on that goal, while average sales price compression could also be a headwind for revenue growth. Overall, revenue growth in the 20%-30% range is still attractive, of course, compared to legacy auto players that do not manage to grow this meaningfully.</p>\n<p>With 1.12 billion diluted shares, Tesla is currently valued at $875 billion, which equates to a forward sales multiple of 17. Likewise, the sales multiples for 2022 and 2023 stand at 13 and 11, respectively. These are not only very high valuations relative to legacy auto makers, but even relative to some of the other EV players. NIO(NYSE:NIO)and XPeng(NYSE:XPEV), for example, which are growing faster than Tesla, are both valued at 6x 2022's expected revenue today, which makes for a little less than half of Tesla's valuation. Lucid(NASDAQ:LCID), which is a pretty new market entrant, and which should grow faster than Tesla on a relative basis over the coming years, is valued at&nbsp;10x&nbsp;2023's expected revenue, versus Tesla's 11x 2023's expected revenue. Overall, I do thus believe that Tesla's shares are too expensive at current prices. This does not at all mean that Tesla is a bad company or that the company will not generate any business growth, but valuations should always be considered. The fact that Tesla is way behind competitors in the electric truck segment is another reason, for me, to believe that Tesla's current valuation is too high -- shares are priced for perfection, and Tesla is far from being perfect, even though the company is solid for sure.</p>\n<p>Tesla's overly high valuation versus legacy players with growing EV businesses, such as Ford or Volkswagen(OTCPK:VWAGY), and Tesla's premium valuation versus higher-growth EV peers makes me believe that shares are an avoid at current prices. Locking in gains could be a good idea for those that are long the stock.</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>Is Tesla's Stock Forecast Impacted By Rivian R1T Electric Truck?</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 Tesla's Stock Forecast Impacted By Rivian R1T Electric Truck?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-08 15:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4458901-tesla-stock-forecast-rivian-r1t-electric-truck><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nTesla does not have a large model range right now and is thus dependent on new entrants such as the Cybertruck - which recently got delayed.\nPeers are entering the highly attractive electric ...</p>\n\n<a href=\"https://seekingalpha.com/article/4458901-tesla-stock-forecast-rivian-r1t-electric-truck\">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://seekingalpha.com/article/4458901-tesla-stock-forecast-rivian-r1t-electric-truck","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154698505","content_text":"Summary\n\nTesla does not have a large model range right now and is thus dependent on new entrants such as the Cybertruck - which recently got delayed.\nPeers are entering the highly attractive electric truck space way before Tesla, including Rivian with its R1T and Ford with the F-150 Lightning.\nThis could hurt Tesla's brand image as well as its stock price, as Tesla has lost the first-mover advantage in this important future market.\n\nDavid Becker/Getty Images News\nArticle Thesis\nTesla, Inc.(NASDAQ:TSLA)is priced for massive growth over the coming years. The company's industry position is strong today, but competition is a concern. Rivian Automotive's (RIVN) R1T truck will gain a sizeable presence in the electric truck space, which could hurt the outlook for Tesla's Cybertruck that is still about two years away from mass production. Generally, this space should be large enough to accommodate several players a couple of years from now, but the fact that Tesla has lost its first-mover advantage is naturally not a positive. Overall, Tesla's shares seem pretty expensive for where the company stands today, but depending on market sentiment, shares may still run higher.\nIs Rivian Publicly Traded?\nRivian Automotive is, so far, not publicly traded. The company plans to go public in the near term, however, as Rivian has filed theS-1for its initial public offering a couple of days ago. The company seeks to sell 10% of its shares for around $8 billion, which would value the company at $80 billion. For a company that has just recently started mass-producing its first model, that seems quite expensive, but then again, Rivian is backed by companies such as Amazon(NASDAQ:AMZN)and Ford(NYSE:F)and has a compelling product and the first-mover advantage in the electric truck market.\nHow Is Rivian Different From Tesla?\nThe two companies are active in the same industry, but there are vast differences between them. The most obvious one is the size and scale of the company -- Tesla is currently producing around 900,000 vehicles a year, while Rivian has just begun producing its first model. Tesla operates several factories across different continents and owns a network of stores and superchargers, while the same is not true for Rivian. Last but not least, Tesla is ambitious to become a major player in energy storage, solar, etc. These ventures are not profitable yet, which limits the current value of these business units, but Tesla is clearly more diversified across the whole \"new energy\" industry compared to Rivian, which is an EV manufacturer solely.\nTesla's way larger size and established operations also lead to another important difference -- Tesla is, unlike Rivian, profitable and able to self-fund its operations and capital expenditures, which makes it less dependent on capital markets. Rivian will, for the foreseeable future, rely on capital markets to fund its future growth.\nWill Tesla Be Impacted By Rivian's R1T Truck?\nTesla has, in the past, grown its production volumes and revenues reliably through two growth drivers: The introduction of new models, and through increasing sales volumes for its existing models. Over the last couple of quarters, almost all of Tesla's sales stemmed from Model 3 and Model Y sales, as X and S sales took a backseat. Future growth will likely be driven by increasing sales of Tesla's 3 and Y models, but the company is also dependent on the introduction of new models to some degree. The Roadster 2 will not be a volume model, but a lot of hope rests on Tesla's Cybertruck. The Cybertruck, which was presented in 2019, will go into production towards the end of 2022, according to CEO Elon Musk. Mass production, however, is still further away, and targeted for the end of 2023, or about two years from now.\nWhen we consider the fact that Tesla has oftentimes missed its own timelines, be it robo-taxis, the Roadster 2, or others, it seems possible that the Cybertruck will be delayed further, and may not be mass-produced before 2024. This would be the case if Tesla misses current estimates by a couple of months, which wouldn't be an overly large surprise. By that time, Rivian will have produced its R1T truck for a couple of years, and others will have entered the attractive electric truck market as well. Ford, for example, is on track to bring its F-150 Lighting to the market soon, as pre-production started in September, and market entry is just a matter of months.\nThe competition from Rivian's R1T and Ford's F-150 could impact Tesla in several ways. First, the fact that the Cybertruck will be late to the market relative to competitors' products will mean that those customers that are very eager to buy an electric truck will go with Rivian or Ford, and not Tesla. Those very eager customers do likely include many that are willing to pay above-average prices, which will allow Ford and Rivian to absorb buying power that is then not available for Tesla when it brings out its Cybertruck two years later.\nOn top of that, the fact that the R1T and the F-150 Lighting will be on the roads well before the Cybertruck is available could hurt Tesla's image as a key electric truck manufacturer. Tesla has the brand advantage in EVs, generally, thanks to its first-mover advantage. But with it being late in the truck space, this first-mover advantage and the increased brand recognition could fall to Rivian and Ford instead of Tesla. As long as Rivian's and Ford's products satisfy customers (which is not guaranteed), truck buyers might build brand loyalty with Rivian and Ford, which could hurt Tesla's ability to sell its Cybertruck and future electric trucks in the long run. Once the opportunity to be a first-mover is missed, others have the advantage, similar to how Tesla has an advantage in selling electric cars today.\nLast but not least, successful launches by Rivian and Ford could also impact Tesla's stock valuation. In case both Rivian and Ford are able to scale up production well and sell large amounts of electric trucks before the Cybertruck is released, investors interested in EV stocks may start to divert away from Tesla. If Rivian is successful in rolling out an electric truck well before Tesla, some current Tesla shareholders may decide to go with Rivian instead, or to split investments between the two companies. This could, in turn, lead to lower demand for Tesla's shares and to some selling pressure, which would be a negative for TSLA stock.\nNone of these is guaranteed, and it is, of course, possible that Tesla beats its own timeline and that the Cybertruck will be made available sooner than expected. It is also possible that manufacturing problems for the R1T or the F-150 Lightning emerge, which would mean that Tesla has more time to catch up. But for now it looks like Rivian and Ford are in the leadership position in the electric truck space, and Tesla being behind its competitors naturally is a negative for the company and its stock. This could hurt demand for the Cybertruck, hurt Tesla's brand image as a technological leader and first-mover, and it could make its shares less compelling relative to those of other EV manufacturers.\nIs Tesla Stock A Buy, Sell, Or Hold?\nThe electric truck space will be large enough to allow several players to do well a couple of years from now, thus Tesla being behind with its Cybertruck does not mean that the model will not sell well. But it is still important to know whether a company will hold a 30% market share or a 20% market share, for example, five years from now. With Tesla being behind competitors, I do believe that it is not very likely that Tesla will dominate the US electric truck space the same way it dominates the US electric car space today.\nTesla will still see its volumes and revenue grow over the coming years, but growth may not be meaningful enough to justify the current valuation. Tesla is forecasted to generate revenue of $51 billion this year, $67 billion in 2022, and $83 billion in 2023:\nData by YCharts\nThis equates to a growth rate of 31% next year and 24% in 2023. Note that expected revenue growth is less than the 50% average volume growth expected by Tesla, due to the fact that current analyst models predict that Tesla may not be able to deliver on that goal, while average sales price compression could also be a headwind for revenue growth. Overall, revenue growth in the 20%-30% range is still attractive, of course, compared to legacy auto players that do not manage to grow this meaningfully.\nWith 1.12 billion diluted shares, Tesla is currently valued at $875 billion, which equates to a forward sales multiple of 17. Likewise, the sales multiples for 2022 and 2023 stand at 13 and 11, respectively. These are not only very high valuations relative to legacy auto makers, but even relative to some of the other EV players. NIO(NYSE:NIO)and XPeng(NYSE:XPEV), for example, which are growing faster than Tesla, are both valued at 6x 2022's expected revenue today, which makes for a little less than half of Tesla's valuation. Lucid(NASDAQ:LCID), which is a pretty new market entrant, and which should grow faster than Tesla on a relative basis over the coming years, is valued at 10x 2023's expected revenue, versus Tesla's 11x 2023's expected revenue. Overall, I do thus believe that Tesla's shares are too expensive at current prices. This does not at all mean that Tesla is a bad company or that the company will not generate any business growth, but valuations should always be considered. The fact that Tesla is way behind competitors in the electric truck segment is another reason, for me, to believe that Tesla's current valuation is too high -- shares are priced for perfection, and Tesla is far from being perfect, even though the company is solid for sure.\nTesla's overly high valuation versus legacy players with growing EV businesses, such as Ford or Volkswagen(OTCPK:VWAGY), and Tesla's premium valuation versus higher-growth EV peers makes me believe that shares are an avoid at current prices. Locking in gains could be a good idea for those that are long the stock.","news_type":1},"isVote":1,"tweetType":1,"viewCount":309,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":823111384,"gmtCreate":1633597747865,"gmtModify":1633597748007,"author":{"id":"4092954016720550","authorId":"4092954016720550","name":"Ramesh78","avatar":"https://static.tigerbbs.com/3c0c1ebc7b58a181d8b45be1ce9b944a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/823111384","repostId":"1197899038","repostType":4,"repost":{"id":"1197899038","pubTimestamp":1633597406,"share":"https://www.laohu8.com/m/news/1197899038?lang=&edition=full","pubTime":"2021-10-07 17:03","market":"us","language":"en","title":"Why Bitcoin, Bitcoin Cash, and Shiba Inu Are All Skyrocketing Wednesday","url":"https://stock-news.laohu8.com/highlight/detail?id=1197899038","media":"Motley Fool","summary":"Growing institutional adoption and investor enthusiasm are pumping these cryptos to the next level.\n","content":"<blockquote>\n <b>Growing institutional adoption and investor enthusiasm are pumping these cryptos to the next level.</b>\n</blockquote>\n<p><b>What happened</b></p>\n<p><b>Bitcoin</b>&nbsp;(CRYPTO:BTC),<b>Bitcoin Cash</b>&nbsp;(CRYPTO:BCH), and<b>Shiba Inu</b>&nbsp;(CRYPTO:SHIB)are up 9.00%, 8.10%, and 26.67% in the past 24 hours, respectively, as of 11:25 a.m. EDT. The three are now trading at $54,656.16, $622.61, and $0.00002301 apiece, respectively. Yesterday, U.S. Bank, the fifth-largest retail bank in the country with $8.6 trillion assets under management, announced it would offer cryptocurrency custody service to investment advisors and fund managers. They will be able to store their private keys (unique passcodes) to Bitcoin, Bitcoin Cash, and&nbsp;<b>Litecoin</b>&nbsp;to their wallets safely with U.S. Bank.</p>\n<p>As for SHIB, investors were euphoric after<b>Tesla</b>'s CEO, Elon Musk, tweeted a picture of his shiba inu dog on top of his Tesla car three days ago. Musk had previously promoted meme cryptocurrencies, and even though the tweet wasn't directly related to SHIB, there's the expectation that Musk will tweet about SHIB in the future. That was enough to send the coin up 220.90% in the past seven days.</p>\n<p><b>So what</b></p>\n<p>Institutional investors are rapidly piling in on the success of Bitcoin, Bitcoin Cash, and other cryptos. For example,&nbsp;<b><a href=\"https://laohu8.com/S/SI\">Silvergate Capital</a></b>&nbsp;(NYSE:SI), a leading bank that facilitates fund transfers between cryptocurrency exchanges and financial entities (such as banks, venture capital firms, and hedge funds), processed a stunning $240 billion in transaction volume in <a href=\"https://laohu8.com/S/QTWO\">Q2</a> alone. That's more than 10 times the volume of institutional crypto-fiat transfers it processed in Q2 of last year.</p>\n<p>But the same can't be said for Shiba Inu. It's clear that investors are in it only to make a quick buck. Its fundamental value, as measured by total value locked (TVL) on its native Shibaswap decentralized exchange, amounts to just $291 million. Meanwhile, the token's market cap has surged to nearly $10 billion.</p>\n<p><b>Now what</b></p>\n<p>Since its inception, skeptics have said that Bitcoin and its peers are nothing more than fake internet money. But the result of all this fear and uncertainty is that cryptocurrencies aregaining tractionin every part of the world, especially among developing nations. The volume of cryptocurrency transactions has surged 706% in Central and South Asia and Oceania in the past year. Their total value amounts to a staggering $572.5 billion, or 14% of global crypto transactions. So there's never been a better time to invest in this promising sector.</p>\n<p>But if critics are right about <a href=\"https://laohu8.com/S/AONE.U\">one</a> thing, it's that all this excessive speculation surrounding SHIB won't end well. Back in May, SHIB witnessed a similar pump and dump that sent its price down 80% in a matter of days after the spike. So now's a good time for those lucky investors to consolidate the gains and take profits.</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>Why Bitcoin, Bitcoin Cash, and Shiba Inu Are All Skyrocketing Wednesday</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 Bitcoin, Bitcoin Cash, and Shiba Inu Are All Skyrocketing Wednesday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-07 17:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/10/06/why-bitcoin-bitcoin-cash-and-shiba-inu-are-all-sky/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Growing institutional adoption and investor enthusiasm are pumping these cryptos to the next level.\n\nWhat happened\nBitcoin (CRYPTO:BTC),Bitcoin Cash (CRYPTO:BCH), andShiba Inu (CRYPTO:SHIB)are up ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/10/06/why-bitcoin-bitcoin-cash-and-shiba-inu-are-all-sky/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2021/10/06/why-bitcoin-bitcoin-cash-and-shiba-inu-are-all-sky/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1197899038","content_text":"Growing institutional adoption and investor enthusiasm are pumping these cryptos to the next level.\n\nWhat happened\nBitcoin (CRYPTO:BTC),Bitcoin Cash (CRYPTO:BCH), andShiba Inu (CRYPTO:SHIB)are up 9.00%, 8.10%, and 26.67% in the past 24 hours, respectively, as of 11:25 a.m. EDT. The three are now trading at $54,656.16, $622.61, and $0.00002301 apiece, respectively. Yesterday, U.S. Bank, the fifth-largest retail bank in the country with $8.6 trillion assets under management, announced it would offer cryptocurrency custody service to investment advisors and fund managers. They will be able to store their private keys (unique passcodes) to Bitcoin, Bitcoin Cash, and Litecoin to their wallets safely with U.S. Bank.\nAs for SHIB, investors were euphoric afterTesla's CEO, Elon Musk, tweeted a picture of his shiba inu dog on top of his Tesla car three days ago. Musk had previously promoted meme cryptocurrencies, and even though the tweet wasn't directly related to SHIB, there's the expectation that Musk will tweet about SHIB in the future. That was enough to send the coin up 220.90% in the past seven days.\nSo what\nInstitutional investors are rapidly piling in on the success of Bitcoin, Bitcoin Cash, and other cryptos. For example, Silvergate Capital (NYSE:SI), a leading bank that facilitates fund transfers between cryptocurrency exchanges and financial entities (such as banks, venture capital firms, and hedge funds), processed a stunning $240 billion in transaction volume in Q2 alone. That's more than 10 times the volume of institutional crypto-fiat transfers it processed in Q2 of last year.\nBut the same can't be said for Shiba Inu. It's clear that investors are in it only to make a quick buck. Its fundamental value, as measured by total value locked (TVL) on its native Shibaswap decentralized exchange, amounts to just $291 million. Meanwhile, the token's market cap has surged to nearly $10 billion.\nNow what\nSince its inception, skeptics have said that Bitcoin and its peers are nothing more than fake internet money. But the result of all this fear and uncertainty is that cryptocurrencies aregaining tractionin every part of the world, especially among developing nations. The volume of cryptocurrency transactions has surged 706% in Central and South Asia and Oceania in the past year. Their total value amounts to a staggering $572.5 billion, or 14% of global crypto transactions. So there's never been a better time to invest in this promising sector.\nBut if critics are right about one thing, it's that all this excessive speculation surrounding SHIB won't end well. Back in May, SHIB witnessed a similar pump and dump that sent its price down 80% in a matter of days after the spike. So now's a good time for those lucky investors to consolidate the gains and take profits.","news_type":1},"isVote":1,"tweetType":1,"viewCount":446,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":872842470,"gmtCreate":1637487714858,"gmtModify":1637487715003,"author":{"id":"4092954016720550","authorId":"4092954016720550","name":"Ramesh78","avatar":"https://static.tigerbbs.com/3c0c1ebc7b58a181d8b45be1ce9b944a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Good 👍","listText":"Good 👍","text":"Good 👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/872842470","isVote":1,"tweetType":1,"viewCount":550,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}