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edward7979

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2021-11-25

Taxi driver. Watch out

Baidu begins collecting robotaxi fares in Beijing

2021-11-25

Overvalued stock zoom, the competitor will catch up.

Zoom Stock: The Pain Has Only Just Begun

2021-11-25

I have already bought my share GLBE

3 Unstoppable Stocks You Can Buy Right Now for Less Than $100

2021-11-25

Inflation is coming next year

The Market Believes the Fed Will Have to Raise Rates Soon. What It Means for Stocks.

2021-11-25

$WINDMILL GP(01850)$Pegasus fly high !!

2021-11-24

Xiaomi good quality smartphone

Xiaomi revenue misses estimates as competition intensifies

2021-11-24

Made in Taiwan. Very good quality chips

Japan to allocate $5.2 bln to fund chip plants by TSMC, others - Nikkei

2021-11-24

Citibank is catching up

JPMorgan, Goldman Sachs Assigned Higher Capital Buffers

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Watch out","listText":"Taxi driver. Watch out","text":"Taxi driver. Watch out","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/877023764","repostId":"1184244487","repostType":4,"repost":{"id":"1184244487","pubTimestamp":1637844849,"share":"https://www.laohu8.com/m/news/1184244487?lang=&edition=full","pubTime":"2021-11-25 20:54","market":"us","language":"en","title":"Baidu begins collecting robotaxi fares in Beijing","url":"https://stock-news.laohu8.com/highlight/detail?id=1184244487","media":"seekingalpha","summary":"Starting today, Baidu'srobotaxi business, called Apollo, can charge fees for passengers taking one of its 67 self-driving cars in Beijing. It's the first time a large city in China has allowed companies to charge the public for robotaxi rides, and sets the stage for other cities like Shanghai, Shenzhen and Guangzhou to do the same. So far, Baidu can only offer public robotaxi rides when a safety driver is accompanying passengers, but expects that to change in the next year or two.\"We have partne","content":"<p>Starting today, Baidu's(NASDAQ:BIDU)robotaxi business, called Apollo, can charge fees for passengers taking one of its 67 self-driving cars in Beijing. It's the first time a large city in China has allowed companies to charge the public for robotaxi rides, and sets the stage for other cities like Shanghai, Shenzhen and Guangzhou to do the same. So far, Baidu can only offer public robotaxi rides when a safety driver is accompanying passengers, but expects that to change in the next year or two.</p>\n<p><i>Bigger picture:</i>While Baidu didn't reveal exact pricing of the new service, it said fares would be similar to other premium ride-hailing apps like DiDi(NYSE:DIDI)- which can cost twice as much as ordinary rides. The new autonomous regulatory permit also covers an area of 60 square kilometers, including a town called Yizhuang that features businesses like JD.com's headquarters. On Nov. 16, Alibaba's(NYSE:BABA)autonomous driving company AutoX claimed its fully driverless robotaxis now operate in the largest single region in China - 168 square kilometers located in Shenzhen's Pingshan District.</p>\n<p>Over in the U.S., Alphabet's (GOOG,GOOGL) Waymo has been testing self-driving taxis primarily in California and Arizona. Waymo can currently charge the public for fares in a part of Phoenix, while its driverless vehicles don't need a safety driver. General Motors(NYSE:GM)self-driving unit Cruise&nbsp; said earlier this month that it applied for final approval to become the first robotaxi operator to commercialize fully autonomous rides in San Francisco.</p>\n<p><b>Apollo goes global?</b>\"We have partnered with many transportation companies in China and are trying to partner with similar companies in other places,\" said Wei Dong, VP of Baidu's intelligent driving group. \"If there is such demand for autonomous driving in other markets, Baidu is willing to cooperate with overseas partners, whether it is an operating company, an automaker or another transportation company. We can export our technologies and experience, and jointly operate in certain areas on the basis of complying with local laws and regulations... Baidu is willing to open up for the international market.\"</p>","source":"seekingalpha","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>Baidu begins collecting robotaxi fares in Beijing</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\">\nBaidu begins collecting robotaxi fares in Beijing\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-25 20:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3774443-baidu-begins-collecting-robotaxi-fares-in-beijing><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Starting today, Baidu's(NASDAQ:BIDU)robotaxi business, called Apollo, can charge fees for passengers taking one of its 67 self-driving cars in Beijing. It's the first time a large city in China has ...</p>\n\n<a href=\"https://seekingalpha.com/news/3774443-baidu-begins-collecting-robotaxi-fares-in-beijing\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BIDU":"百度"},"source_url":"https://seekingalpha.com/news/3774443-baidu-begins-collecting-robotaxi-fares-in-beijing","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1184244487","content_text":"Starting today, Baidu's(NASDAQ:BIDU)robotaxi business, called Apollo, can charge fees for passengers taking one of its 67 self-driving cars in Beijing. It's the first time a large city in China has allowed companies to charge the public for robotaxi rides, and sets the stage for other cities like Shanghai, Shenzhen and Guangzhou to do the same. So far, Baidu can only offer public robotaxi rides when a safety driver is accompanying passengers, but expects that to change in the next year or two.\nBigger picture:While Baidu didn't reveal exact pricing of the new service, it said fares would be similar to other premium ride-hailing apps like DiDi(NYSE:DIDI)- which can cost twice as much as ordinary rides. The new autonomous regulatory permit also covers an area of 60 square kilometers, including a town called Yizhuang that features businesses like JD.com's headquarters. On Nov. 16, Alibaba's(NYSE:BABA)autonomous driving company AutoX claimed its fully driverless robotaxis now operate in the largest single region in China - 168 square kilometers located in Shenzhen's Pingshan District.\nOver in the U.S., Alphabet's (GOOG,GOOGL) Waymo has been testing self-driving taxis primarily in California and Arizona. Waymo can currently charge the public for fares in a part of Phoenix, while its driverless vehicles don't need a safety driver. General Motors(NYSE:GM)self-driving unit Cruise  said earlier this month that it applied for final approval to become the first robotaxi operator to commercialize fully autonomous rides in San Francisco.\nApollo goes global?\"We have partnered with many transportation companies in China and are trying to partner with similar companies in other places,\" said Wei Dong, VP of Baidu's intelligent driving group. \"If there is such demand for autonomous driving in other markets, Baidu is willing to cooperate with overseas partners, whether it is an operating company, an automaker or another transportation company. We can export our technologies and experience, and jointly operate in certain areas on the basis of complying with local laws and regulations... Baidu is willing to open up for the international market.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":513,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":877023180,"gmtCreate":1637845923562,"gmtModify":1637845923562,"author":{"id":"4099720658890910","authorId":"4099720658890910","name":"edward7979","avatar":"https://static.tigerbbs.com/50e2f029ed58d4a9ca95241a9f4efbb1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Overvalued stock zoom, the competitor will catch up.","listText":"Overvalued stock zoom, the competitor will catch up.","text":"Overvalued stock zoom, the competitor will catch up.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/877023180","repostId":"1190485804","repostType":4,"repost":{"id":"1190485804","pubTimestamp":1637827600,"share":"https://www.laohu8.com/m/news/1190485804?lang=&edition=full","pubTime":"2021-11-25 16:06","market":"us","language":"en","title":"Zoom Stock: The Pain Has Only Just Begun","url":"https://stock-news.laohu8.com/highlight/detail?id=1190485804","media":"Seeking Alpha","summary":"Summary\n\nZoom's revenue growth is entering a post-pandemic slump.\nGrowth in key customer groups is a","content":"<p><b>Summary</b></p>\n<ul>\n <li>Zoom's revenue growth is entering a post-pandemic slump.</li>\n <li>Growth in key customer groups is also slowing down.</li>\n <li>Expenses are rising.</li>\n <li>Zoom is still overvalued.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9a48f07a7de30732bcfd17d0d67949f0\" tg-width=\"1536\" tg-height=\"1025\" width=\"100%\" height=\"auto\"><span>LeoPatrizi/E+ via Getty Images</span></p>\n<p>Zoom Video Communications (ZM) is at risk of generating negative returns for shareholders as a period of pandemic gains is coming to an end. Zoom's third-quarter showed that the threat of a revenue slowdown is real and shares of Zoom are still overvalued!</p>\n<p><b>A new normal: Slower revenue growth</b></p>\n<p>Zoom benefited from the COVID-19 pandemic like few companies did. The video chat company experienced an unprecedented revenue surge last year because businesses shut their doors and employees were forced to work from homes. The rise in remote working accelerated the digital transformation trend and Zoom played a key role for a lot of companies to communicate with their employees. Because of the pandemic, Zoom's revenues doubled between Q1'20 and Q2'20… and the business experienced strengthening demand for its video conferencing services in the quarters that followed. In the second-quarter, Zoom's communications platform generated more than $1.0B in revenues for the first time in the firm's history. Revenue growth in the second-quarter, year over year, was 54%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3432e12a7811f3478fba41c7bc4e75f3\" tg-width=\"1113\" tg-height=\"582\" width=\"100%\" height=\"auto\"><span>Source: Zoom</span></p>\n<p>Since the second-quarter, however, sales growth has been slowing down. Revenues in the third-quarter were $1.05B, showing a revenue growth rate of only 35% year over year. Zoom, spoiled with accelerating revenue growth rates during the pandemic, is now looking at a material deceleration of growth… and it already has an impact on Zoom's perception as a growth stock. Shares of Zoom cratered 14.7% yesterday, after presentation of the third-quarter earnings card. The one year price return is (52)%...</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/404d0e70eebba8c76faed91a2c62cd21\" tg-width=\"635\" tg-height=\"417\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p>\n<p>What isn't helping shares of Zoom is that the outlook for the fourth-quarter indicates a continual slowdown in revenue growth. Revenues are barely going to grow quarter over quarter in Q4'22, although they will grow 19% year over year to around $1.052B. The outlook for FY 2022 strongly indicates that Zoom's revenue growth rates have peaked… which creates a justification for a material repricing of Zoom's commercial growth prospects.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c9f8963d6bfaddf8f22dd59739d664cd\" tg-width=\"893\" tg-height=\"372\" width=\"100%\" height=\"auto\"><span>Source: Zoom</span></p>\n<p>Zoom's customers- typically large companies with more than 10 employees or $100 thousand in LTM revenues- continue to use the firm's video chat and conferencing products. However, growth in the most lucrative customer group, those with the highest revenue contribution, is also slowing down. Zoom had 2,507 customers generating more than $100 thousand in annual recurring revenues in the third-quarter… which calculates to a customer group growth rate of 94% year over year. In the second-quarter, Zoom grew this customer category by 131% and growth rates have steadily declined since the first-quarter.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d61c87f6ea3a5b9fec4dd9bfac46a5d3\" tg-width=\"981\" tg-height=\"545\" width=\"100%\" height=\"auto\"><span>Source: Zoom</span></p>\n<p><b>Improving customer monetization</b></p>\n<p>Zoom measures its customer monetization with a figure called net dollar expansion rate/NDER. The net dollar expansion rate measures the firm's internal revenue growth on a per-customer basis and expresses how much more money existing customers spend on Zoom's video conferencing platform, from one reporting period to the next. Zoom's NDER has consistently remained above 130%, meaning the firm's average customer increased spending by more than 30% compared to the year-earlier period. A high NDER implies strengthening customer monetization, and success in customer retention and up-selling.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b2d6fb78a690b0ec451e1f5c10d8862d\" tg-width=\"1159\" tg-height=\"532\" width=\"100%\" height=\"auto\"><span>Source: Zoom</span></p>\n<p><b>Expenses are rising</b></p>\n<p>Zoom has to constantly innovate and expand its product suite to keep customers happy. But this costs a lot of money. Expenses in the first nine months of the year increased in all expense groups- R&amp;D, S&amp;M and G&amp;A- and, if expenses grow faster than sales, margin declines could be a result of the revenue slowdown.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/47a289263f7337bd53def6903184bf02\" tg-width=\"750\" tg-height=\"450\" width=\"100%\" height=\"auto\"><span>Source: Zoom</span></p>\n<p><b>Zoom is still overvalued...</b></p>\n<p>The worst thing that can happen to a growth company like Zoom is that it has to warn of slowing growth because it immediately creates pressure on the valuation. This is what is happening here. The disappointing outlook for Q4'22 also indicates that revenue estimates for Zoom will fall once they get refreshed.</p>\n<p>Despite a 39% drop in pricing this year, the video chat firm's growth prospects are overvalued. Zoom is expected to generate revenues of $4.08B this year and $4.75B next year. The revenue growth rate for next year, implied by estimates, is just 16.43%. Despite the sharp slowdown in growth, shares of Zoom still trade at a P-S ratio of 13 (based off of FY 2023 estimates).</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4d057d1b4e1f4d8a4413f80139e6bd8b\" tg-width=\"907\" tg-height=\"654\" width=\"100%\" height=\"auto\"><span>Source: Author</span></p>\n<p><b>Risks with Zoom</b></p>\n<p>Zoom is in a critical situation: The world is moving on from the pandemic and it poses a challenge for a business that heavily benefited from digital transformation trends and remote working. New COVID-19 lockdown orders, like the ones that were just implemented in&nbsp;Europe, could accelerate Zoom's growth again. Longer term, the COVID-19 pandemic is poised to come to an end and there is considerable uncertainty as to how Zoom's growth will look like once the world fully returns to normal.</p>\n<p><b>Final thoughts</b></p>\n<p>I don't believe we have seen the end of this post-pandemic readjustment. The revenue slowdown is a real problem and Zoom has not found a recipe yet to counter this decline. New product roll-outs may counter the decline in revenue growth temporarily, but 'the new normal' will likely be a post-pandemic period of slower growth!</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>Zoom Stock: The Pain Has Only Just Begun</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\">\nZoom Stock: The Pain Has Only Just Begun\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-25 16:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4471747-zoom-video-stock-q3-earnings-post-pandemic-slump><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nZoom's revenue growth is entering a post-pandemic slump.\nGrowth in key customer groups is also slowing down.\nExpenses are rising.\nZoom is still overvalued.\n\nLeoPatrizi/E+ via Getty Images\n...</p>\n\n<a href=\"https://seekingalpha.com/article/4471747-zoom-video-stock-q3-earnings-post-pandemic-slump\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ZM":"Zoom"},"source_url":"https://seekingalpha.com/article/4471747-zoom-video-stock-q3-earnings-post-pandemic-slump","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1190485804","content_text":"Summary\n\nZoom's revenue growth is entering a post-pandemic slump.\nGrowth in key customer groups is also slowing down.\nExpenses are rising.\nZoom is still overvalued.\n\nLeoPatrizi/E+ via Getty Images\nZoom Video Communications (ZM) is at risk of generating negative returns for shareholders as a period of pandemic gains is coming to an end. Zoom's third-quarter showed that the threat of a revenue slowdown is real and shares of Zoom are still overvalued!\nA new normal: Slower revenue growth\nZoom benefited from the COVID-19 pandemic like few companies did. The video chat company experienced an unprecedented revenue surge last year because businesses shut their doors and employees were forced to work from homes. The rise in remote working accelerated the digital transformation trend and Zoom played a key role for a lot of companies to communicate with their employees. Because of the pandemic, Zoom's revenues doubled between Q1'20 and Q2'20… and the business experienced strengthening demand for its video conferencing services in the quarters that followed. In the second-quarter, Zoom's communications platform generated more than $1.0B in revenues for the first time in the firm's history. Revenue growth in the second-quarter, year over year, was 54%.\nSource: Zoom\nSince the second-quarter, however, sales growth has been slowing down. Revenues in the third-quarter were $1.05B, showing a revenue growth rate of only 35% year over year. Zoom, spoiled with accelerating revenue growth rates during the pandemic, is now looking at a material deceleration of growth… and it already has an impact on Zoom's perception as a growth stock. Shares of Zoom cratered 14.7% yesterday, after presentation of the third-quarter earnings card. The one year price return is (52)%...\nData by YCharts\nWhat isn't helping shares of Zoom is that the outlook for the fourth-quarter indicates a continual slowdown in revenue growth. Revenues are barely going to grow quarter over quarter in Q4'22, although they will grow 19% year over year to around $1.052B. The outlook for FY 2022 strongly indicates that Zoom's revenue growth rates have peaked… which creates a justification for a material repricing of Zoom's commercial growth prospects.\nSource: Zoom\nZoom's customers- typically large companies with more than 10 employees or $100 thousand in LTM revenues- continue to use the firm's video chat and conferencing products. However, growth in the most lucrative customer group, those with the highest revenue contribution, is also slowing down. Zoom had 2,507 customers generating more than $100 thousand in annual recurring revenues in the third-quarter… which calculates to a customer group growth rate of 94% year over year. In the second-quarter, Zoom grew this customer category by 131% and growth rates have steadily declined since the first-quarter.\nSource: Zoom\nImproving customer monetization\nZoom measures its customer monetization with a figure called net dollar expansion rate/NDER. The net dollar expansion rate measures the firm's internal revenue growth on a per-customer basis and expresses how much more money existing customers spend on Zoom's video conferencing platform, from one reporting period to the next. Zoom's NDER has consistently remained above 130%, meaning the firm's average customer increased spending by more than 30% compared to the year-earlier period. A high NDER implies strengthening customer monetization, and success in customer retention and up-selling.\nSource: Zoom\nExpenses are rising\nZoom has to constantly innovate and expand its product suite to keep customers happy. But this costs a lot of money. Expenses in the first nine months of the year increased in all expense groups- R&D, S&M and G&A- and, if expenses grow faster than sales, margin declines could be a result of the revenue slowdown.\nSource: Zoom\nZoom is still overvalued...\nThe worst thing that can happen to a growth company like Zoom is that it has to warn of slowing growth because it immediately creates pressure on the valuation. This is what is happening here. The disappointing outlook for Q4'22 also indicates that revenue estimates for Zoom will fall once they get refreshed.\nDespite a 39% drop in pricing this year, the video chat firm's growth prospects are overvalued. Zoom is expected to generate revenues of $4.08B this year and $4.75B next year. The revenue growth rate for next year, implied by estimates, is just 16.43%. Despite the sharp slowdown in growth, shares of Zoom still trade at a P-S ratio of 13 (based off of FY 2023 estimates).\nSource: Author\nRisks with Zoom\nZoom is in a critical situation: The world is moving on from the pandemic and it poses a challenge for a business that heavily benefited from digital transformation trends and remote working. New COVID-19 lockdown orders, like the ones that were just implemented in Europe, could accelerate Zoom's growth again. Longer term, the COVID-19 pandemic is poised to come to an end and there is considerable uncertainty as to how Zoom's growth will look like once the world fully returns to normal.\nFinal thoughts\nI don't believe we have seen the end of this post-pandemic readjustment. The revenue slowdown is a real problem and Zoom has not found a recipe yet to counter this decline. New product roll-outs may counter the decline in revenue growth temporarily, but 'the new normal' will likely be a post-pandemic period of slower growth!","news_type":1},"isVote":1,"tweetType":1,"viewCount":502,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":877029708,"gmtCreate":1637845851403,"gmtModify":1637845851403,"author":{"id":"4099720658890910","authorId":"4099720658890910","name":"edward7979","avatar":"https://static.tigerbbs.com/50e2f029ed58d4a9ca95241a9f4efbb1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"I have already bought my share GLBE","listText":"I have already bought my share GLBE","text":"I have already bought my share GLBE","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/877029708","repostId":"2185354679","repostType":4,"repost":{"id":"2185354679","pubTimestamp":1637831760,"share":"https://www.laohu8.com/m/news/2185354679?lang=&edition=full","pubTime":"2021-11-25 17:16","market":"us","language":"en","title":"3 Unstoppable Stocks You Can Buy Right Now for Less Than $100","url":"https://stock-news.laohu8.com/highlight/detail?id=2185354679","media":"Motley Fool","summary":"Do you like high growth at an introductory rate? Check out these three stocks.","content":"<p>Many investors get into trading stocks with the desire to find top stocks to buy into early in their growth cycle. That's not so easy to do these days when many stocks get hyped before they even reach the open markets and end up trading at high prices by the time you feel comfortable adding them to your portfolio.</p>\n<p>Still, there are occasional hidden gems in the market that are quietly gaining in growth and recognition, with shares still trading at relatively low prices. <b>Global-e Online</b> (NASDAQ:GLBE),&nbsp;<b>Revolve Group</b> (NYSE:RVLV), and <b><a href=\"https://laohu8.com/S/OPAD\">Offerpad Solutions</a></b>&nbsp;(NYSE:OPAD) are three stocks trading below $100 a share that are demonstrating show-stopping growth. Let's find out a bit more about them.</p>\n<h2>1. Global-e Online: It's a small world after all</h2>\n<p>Global-e Online offers cross-border payment solutions for online retailers. As more and more e-commerce companies expand into new markets and begin to offer international shipping, they begin to discover that there are challenges to making the process cost-effective and worth the investment.</p>\n<p>Global-e comes in to make the process easy, offering features that efficiently manage shipping options, local currencies, calculating customs, and international returns. It has two programs, <a href=\"https://laohu8.com/S/AONE.U\">one</a> for small businesses and one for larger-volume clients, as well as a program with <b><a href=\"https://laohu8.com/S/FB\">Meta Platforms</a></b> (formerly Facebook) to assist the thousands of sellers using Facebook Marketplace.</p>\n<p>It works with some of the biggest online retailers in the world, including the biggest, French luxury conglomerate <b>LVMH</b>, as well as brands like cosmetic-giant Sephora Asia and French fashion house Givenchy. It also has strong exposure from its partnership with e-commerce master <b>Shopify</b>, through which it powers international commerce with many small and medium-sized brands operating through Shopify services.</p>\n<p>The company is ramping up its operations exponentially. In the third quarter, gross merchandise volume (GMV) grew 86% year over year to a record $352 million, and revenue increased 77% to a record $59 million. That was particularly impressive as e-commerce has begun to modulate after COVID-19 restrictions eased. Gross profit grew 127% year over year to $2 million, although Globel-e posted a $28.5 million loss after a $1.2 million profit last year. Much of the loss was related to increased expenses of scaling up operations specifically related to its Shopify integration.</p>\n<p>Global-e stock went public in May at $25 a share and is up 111% since then. It's not exactly cheap, trading at 43 times trailing-12-month sales, but shares cost $53 as of this writing. It's still a tiny company, with just over $200 million in trailing-12-month earnings. Investors can expect a lot from this high-growth company in the future.</p>\n<h2>2. Revolve Group: Not your typical fashion company</h2>\n<p>At first glance, Revolve Group's website doesn't look different than most other fashion-forward websites. But there's a reason this online fashion retailer that focuses on selling dresses and other apparel for social events is growing by leaps and bounds. That reason involves the underlying infrastructure that's supporting the company's operations. That infrastructure includes 18 years' worth of data supplying its technology-backed artificial intelligence, a modern approach to e-commerce that includes partnerships with influencers and thousands of brands that appeal to its Gen X target consumer.</p>\n<p>Third-quarter sales increased 62% year over year to $244 million, an acceleration from the second quarter. Net income decreased 14% year over year as the company scales, but posting a profit is a great sign from a growth company.</p>\n<p>International sales made up 19% of the total, which is an unusually high number. Its technology supports international sales, and that opens up its addressable market.</p>\n<p>Revolve Group stock is up 160% year to date and shares trade at 66 times trailing-12-month earnings at a current price of $81 a share. But that price won't last long as investors scoop up shares of this high-growth stock.</p>\n<h2>3. Offerpad: Chasing a $1.9 trillion market opportunity</h2>\n<p>Offerpad wants to buy your house for cash before you list it with a Realtor. Then it wants to renovate and flip it, making money in the process. It's a model called ibuying and it's becoming more popular and may soon become the standard in the U.S. real estate market.</p>\n<p>The company's management sees a massive $1.9 trillion opportunity in the housing market, of which only 1% is now online. It has a $1 trillion market in what it calls the \"buy box today\" market, which are U.S. homes for sale that cost up to $750,000.</p>\n<p>Many readers know that <b><a href=\"https://laohu8.com/S/Z\">Zillow</a> Group</b>&nbsp;just bowed out of this market, but it's not clear that there's something wrong with the market or just something wrong with Zillow's ibuying operations. Competitors like Offerpad and <b>Opendoor Technologies</b>&nbsp;are posting high growth, and while investors should do their own research, they shouldn't be scared off from the industry.</p>\n<p>In the third quarter, Offerpad revenue increased 190% year over year to $540 million, and gross profit increased 160% to $53 million. The company sold 1,673 homes, or more than double year over year, and raised its outlook to a midpoint of $1.88 billion in total 2021 sales. Net loss for the quarter expanded from $3 million in 2020 to $15 million in 2021.</p>\n<p>Offerpad stock went public almost a year ago, and shares are down 34.5% year to date, trading around $7.20 a share as of this writing. There's risk involved in investing in this company since it deals with a capital-intensive model, losses are widening, and ibuying hasn't been proven to be a secure business yet. But at this price and with its current growth rates, Offerpad might be a stock to consider for your portfolio.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Unstoppable Stocks You Can Buy Right Now for Less Than $100</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Unstoppable Stocks You Can Buy Right Now for Less Than $100\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-25 17:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/11/24/3-unstoppable-stocks-can-buy-for-less-that-100/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Many investors get into trading stocks with the desire to find top stocks to buy into early in their growth cycle. That's not so easy to do these days when many stocks get hyped before they even reach...</p>\n\n<a href=\"https://www.fool.com/investing/2021/11/24/3-unstoppable-stocks-can-buy-for-less-that-100/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"OPAD":"Offerpad Solutions","GLBE":"Global-E Online Ltd.","RVLV":"Revolve Group, LLC","BK4122":"互联网与直销零售","BK4539":"次新股"},"source_url":"https://www.fool.com/investing/2021/11/24/3-unstoppable-stocks-can-buy-for-less-that-100/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2185354679","content_text":"Many investors get into trading stocks with the desire to find top stocks to buy into early in their growth cycle. That's not so easy to do these days when many stocks get hyped before they even reach the open markets and end up trading at high prices by the time you feel comfortable adding them to your portfolio.\nStill, there are occasional hidden gems in the market that are quietly gaining in growth and recognition, with shares still trading at relatively low prices. Global-e Online (NASDAQ:GLBE), Revolve Group (NYSE:RVLV), and Offerpad Solutions (NYSE:OPAD) are three stocks trading below $100 a share that are demonstrating show-stopping growth. Let's find out a bit more about them.\n1. Global-e Online: It's a small world after all\nGlobal-e Online offers cross-border payment solutions for online retailers. As more and more e-commerce companies expand into new markets and begin to offer international shipping, they begin to discover that there are challenges to making the process cost-effective and worth the investment.\nGlobal-e comes in to make the process easy, offering features that efficiently manage shipping options, local currencies, calculating customs, and international returns. It has two programs, one for small businesses and one for larger-volume clients, as well as a program with Meta Platforms (formerly Facebook) to assist the thousands of sellers using Facebook Marketplace.\nIt works with some of the biggest online retailers in the world, including the biggest, French luxury conglomerate LVMH, as well as brands like cosmetic-giant Sephora Asia and French fashion house Givenchy. It also has strong exposure from its partnership with e-commerce master Shopify, through which it powers international commerce with many small and medium-sized brands operating through Shopify services.\nThe company is ramping up its operations exponentially. In the third quarter, gross merchandise volume (GMV) grew 86% year over year to a record $352 million, and revenue increased 77% to a record $59 million. That was particularly impressive as e-commerce has begun to modulate after COVID-19 restrictions eased. Gross profit grew 127% year over year to $2 million, although Globel-e posted a $28.5 million loss after a $1.2 million profit last year. Much of the loss was related to increased expenses of scaling up operations specifically related to its Shopify integration.\nGlobal-e stock went public in May at $25 a share and is up 111% since then. It's not exactly cheap, trading at 43 times trailing-12-month sales, but shares cost $53 as of this writing. It's still a tiny company, with just over $200 million in trailing-12-month earnings. Investors can expect a lot from this high-growth company in the future.\n2. Revolve Group: Not your typical fashion company\nAt first glance, Revolve Group's website doesn't look different than most other fashion-forward websites. But there's a reason this online fashion retailer that focuses on selling dresses and other apparel for social events is growing by leaps and bounds. That reason involves the underlying infrastructure that's supporting the company's operations. That infrastructure includes 18 years' worth of data supplying its technology-backed artificial intelligence, a modern approach to e-commerce that includes partnerships with influencers and thousands of brands that appeal to its Gen X target consumer.\nThird-quarter sales increased 62% year over year to $244 million, an acceleration from the second quarter. Net income decreased 14% year over year as the company scales, but posting a profit is a great sign from a growth company.\nInternational sales made up 19% of the total, which is an unusually high number. Its technology supports international sales, and that opens up its addressable market.\nRevolve Group stock is up 160% year to date and shares trade at 66 times trailing-12-month earnings at a current price of $81 a share. But that price won't last long as investors scoop up shares of this high-growth stock.\n3. Offerpad: Chasing a $1.9 trillion market opportunity\nOfferpad wants to buy your house for cash before you list it with a Realtor. Then it wants to renovate and flip it, making money in the process. It's a model called ibuying and it's becoming more popular and may soon become the standard in the U.S. real estate market.\nThe company's management sees a massive $1.9 trillion opportunity in the housing market, of which only 1% is now online. It has a $1 trillion market in what it calls the \"buy box today\" market, which are U.S. homes for sale that cost up to $750,000.\nMany readers know that Zillow Group just bowed out of this market, but it's not clear that there's something wrong with the market or just something wrong with Zillow's ibuying operations. Competitors like Offerpad and Opendoor Technologies are posting high growth, and while investors should do their own research, they shouldn't be scared off from the industry.\nIn the third quarter, Offerpad revenue increased 190% year over year to $540 million, and gross profit increased 160% to $53 million. The company sold 1,673 homes, or more than double year over year, and raised its outlook to a midpoint of $1.88 billion in total 2021 sales. Net loss for the quarter expanded from $3 million in 2020 to $15 million in 2021.\nOfferpad stock went public almost a year ago, and shares are down 34.5% year to date, trading around $7.20 a share as of this writing. There's risk involved in investing in this company since it deals with a capital-intensive model, losses are widening, and ibuying hasn't been proven to be a secure business yet. But at this price and with its current growth rates, Offerpad might be a stock to consider for your portfolio.","news_type":1},"isVote":1,"tweetType":1,"viewCount":361,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":877029109,"gmtCreate":1637845689158,"gmtModify":1637845689158,"author":{"id":"4099720658890910","authorId":"4099720658890910","name":"edward7979","avatar":"https://static.tigerbbs.com/50e2f029ed58d4a9ca95241a9f4efbb1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Inflation is coming next year&nbsp;","listText":"Inflation is coming next year&nbsp;","text":"Inflation is coming next year","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/877029109","repostId":"1182200011","repostType":4,"repost":{"id":"1182200011","pubTimestamp":1637831082,"share":"https://www.laohu8.com/m/news/1182200011?lang=&edition=full","pubTime":"2021-11-25 17:04","market":"us","language":"en","title":"The Market Believes the Fed Will Have to Raise Rates Soon. What It Means for Stocks.","url":"https://stock-news.laohu8.com/highlight/detail?id=1182200011","media":"Barrons","summary":"Fixed-income markets are signaling that the Federal Reserve will have to increase interest rates soo","content":"<p>Fixed-income markets are signaling that the Federal Reserve will have to increase interest rates sooner than expected, which could put a dent in the stock market.</p>\n<p>The yield on the 2-year Treasury note has gone from 0.5% in early November to 0.64% as of Wednesday. The move suggests that investors expect the Fed to raise interest rates to combat inflation that remains higher than expected because of soaring consumer demand and supply chains that struggling to match demand.</p>\n<p>Indeed, minutes released Wednesday from the Fed’s meeting earlier this month show that members of the central bank are prepared to increase rates sooner than previously anticipated if inflation remains high.</p>\n<p>That belief is beginning to creep into credit spreads between corporate and government debt. A Bank of America index of investment-grade corporate bonds shows that, in aggregate, the spread over Treasury yields has increased to 0.94% from 0.89% earlier this month as investors have fled corporate bonds in anticipation of rate increases that could slow economic growth and pressure profits.</p>\n<p>Consistent with that, credit spreads for investment-grade corporate bonds in more economically sensitive sectors are rising against government debt. Ten-year bonds issues by manufacturing companies in the S&amp;P 500 yield 1.08 percentage points more than the 10-year Treasury note, according to FactSet, an increase from the 0.99 percentage point spread seen at the lowest levels of November. The spread for corporate bonds in the energy sector has risen to 1.41 percentage points from a November low of 1.2.</p>\n<p>“The market expects one to two [rate] hikes next year and that’s why you’re seeing credit spreads increase,” said John Ham, wealth advisor at New England Investments &amp; Retirement Group, told Barron’s Wednesday.</p>\n<p>Although the major indexes are off their all-time highs, this sentiment hasn’t caused a selloff of more than 5%. The S&amp;P 500, Nasdaq Composite, and Dow Jones Industrial Average are down 0.1%, 1.3%, and 1.7% from their highs.</p>\n<p>But the pain could come if credit spreads continue to widen. “Eventually that’s going to creep back into the equity market,” Harvey said.</p>","source":"market_watch","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Market Believes the Fed Will Have to Raise Rates Soon. What It Means for Stocks.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Market Believes the Fed Will Have to Raise Rates Soon. What It Means for Stocks.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-25 17:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/articles/stock-market-fed-rate-increase-51637790713?mod=newsviewer_click_seemore><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Fixed-income markets are signaling that the Federal Reserve will have to increase interest rates sooner than expected, which could put a dent in the stock market.\nThe yield on the 2-year Treasury note...</p>\n\n<a href=\"https://www.marketwatch.com/articles/stock-market-fed-rate-increase-51637790713?mod=newsviewer_click_seemore\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.marketwatch.com/articles/stock-market-fed-rate-increase-51637790713?mod=newsviewer_click_seemore","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1182200011","content_text":"Fixed-income markets are signaling that the Federal Reserve will have to increase interest rates sooner than expected, which could put a dent in the stock market.\nThe yield on the 2-year Treasury note has gone from 0.5% in early November to 0.64% as of Wednesday. The move suggests that investors expect the Fed to raise interest rates to combat inflation that remains higher than expected because of soaring consumer demand and supply chains that struggling to match demand.\nIndeed, minutes released Wednesday from the Fed’s meeting earlier this month show that members of the central bank are prepared to increase rates sooner than previously anticipated if inflation remains high.\nThat belief is beginning to creep into credit spreads between corporate and government debt. A Bank of America index of investment-grade corporate bonds shows that, in aggregate, the spread over Treasury yields has increased to 0.94% from 0.89% earlier this month as investors have fled corporate bonds in anticipation of rate increases that could slow economic growth and pressure profits.\nConsistent with that, credit spreads for investment-grade corporate bonds in more economically sensitive sectors are rising against government debt. Ten-year bonds issues by manufacturing companies in the S&P 500 yield 1.08 percentage points more than the 10-year Treasury note, according to FactSet, an increase from the 0.99 percentage point spread seen at the lowest levels of November. The spread for corporate bonds in the energy sector has risen to 1.41 percentage points from a November low of 1.2.\n“The market expects one to two [rate] hikes next year and that’s why you’re seeing credit spreads increase,” said John Ham, wealth advisor at New England Investments & Retirement Group, told Barron’s Wednesday.\nAlthough the major indexes are off their all-time highs, this sentiment hasn’t caused a selloff of more than 5%. The S&P 500, Nasdaq Composite, and Dow Jones Industrial Average are down 0.1%, 1.3%, and 1.7% from their highs.\nBut the pain could come if credit spreads continue to widen. “Eventually that’s going to creep back into the equity market,” Harvey said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":598,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":877067155,"gmtCreate":1637845360604,"gmtModify":1637845360604,"author":{"id":"4099720658890910","authorId":"4099720658890910","name":"edward7979","avatar":"https://static.tigerbbs.com/50e2f029ed58d4a9ca95241a9f4efbb1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/01850\">$WINDMILL GP(01850)$</a>Pegasus fly high !!","listText":"<a href=\"https://laohu8.com/S/01850\">$WINDMILL GP(01850)$</a>Pegasus fly high !!","text":"$WINDMILL GP(01850)$Pegasus fly high !!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/877067155","isVote":1,"tweetType":1,"viewCount":1569,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":875797755,"gmtCreate":1637683914444,"gmtModify":1637683914444,"author":{"id":"4099720658890910","authorId":"4099720658890910","name":"edward7979","avatar":"https://static.tigerbbs.com/50e2f029ed58d4a9ca95241a9f4efbb1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Xiaomi good quality smartphone","listText":"Xiaomi good quality smartphone","text":"Xiaomi good quality smartphone","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/875797755","repostId":"1100407650","repostType":4,"repost":{"id":"1100407650","pubTimestamp":1637663293,"share":"https://www.laohu8.com/m/news/1100407650?lang=&edition=full","pubTime":"2021-11-23 18:28","market":"hk","language":"en","title":"Xiaomi revenue misses estimates as competition intensifies","url":"https://stock-news.laohu8.com/highlight/detail?id=1100407650","media":"Reuters","summary":"SHANGHAI, Nov 23 (Reuters) - Chinese smartphone maker Xiaomi Corp(1810.HK)on Tuesday reported a smal","content":"<p>SHANGHAI, Nov 23 (Reuters) - Chinese smartphone maker Xiaomi Corp(1810.HK)on Tuesday reported a smaller than expected 8.2% rise in third-quarter revenue, hurt by intensifying competition from domestic rivals Oppo and Vivo.</p>\n<p>Sales rose to 78.06 billion yuan ($12.22 billion) in the three months to Sept. 30. Analysts had expected 79.20 billion yuan, Refinitiv data shows.</p>\n<p>Profit slumped 84% to 788.6 million yuan.</p>\n<p>On an adjusted basis, Xiaomi earned 5.18 billion yuan, largely in line with the average analyst expectations for 5.09 billion yuan.</p>","source":"lsy1601381805984","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>Xiaomi revenue misses estimates as competition intensifies</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\">\nXiaomi revenue misses estimates as competition intensifies\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-23 18:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/business/media-telecom/xiaomi-q3-revenue-up-82-year-on-year-7806-bln-yuan-misses-estimtes-2021-11-23/><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SHANGHAI, Nov 23 (Reuters) - Chinese smartphone maker Xiaomi Corp(1810.HK)on Tuesday reported a smaller than expected 8.2% rise in third-quarter revenue, hurt by intensifying competition from domestic...</p>\n\n<a href=\"https://www.reuters.com/business/media-telecom/xiaomi-q3-revenue-up-82-year-on-year-7806-bln-yuan-misses-estimtes-2021-11-23/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"01810":"小米集团-W"},"source_url":"https://www.reuters.com/business/media-telecom/xiaomi-q3-revenue-up-82-year-on-year-7806-bln-yuan-misses-estimtes-2021-11-23/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100407650","content_text":"SHANGHAI, Nov 23 (Reuters) - Chinese smartphone maker Xiaomi Corp(1810.HK)on Tuesday reported a smaller than expected 8.2% rise in third-quarter revenue, hurt by intensifying competition from domestic rivals Oppo and Vivo.\nSales rose to 78.06 billion yuan ($12.22 billion) in the three months to Sept. 30. Analysts had expected 79.20 billion yuan, Refinitiv data shows.\nProfit slumped 84% to 788.6 million yuan.\nOn an adjusted basis, Xiaomi earned 5.18 billion yuan, largely in line with the average analyst expectations for 5.09 billion yuan.","news_type":1},"isVote":1,"tweetType":1,"viewCount":552,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":875794138,"gmtCreate":1637683774845,"gmtModify":1637705393956,"author":{"id":"4099720658890910","authorId":"4099720658890910","name":"edward7979","avatar":"https://static.tigerbbs.com/50e2f029ed58d4a9ca95241a9f4efbb1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Made in Taiwan. Very good quality chips","listText":"Made in Taiwan. Very good quality chips","text":"Made in Taiwan. Very good quality chips","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/875794138","repostId":"2185757384","repostType":4,"repost":{"id":"2185757384","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":1637673792,"share":"https://www.laohu8.com/m/news/2185757384?lang=&edition=full","pubTime":"2021-11-23 21:23","market":"us","language":"en","title":"Japan to allocate $5.2 bln to fund chip plants by TSMC, others - Nikkei","url":"https://stock-news.laohu8.com/highlight/detail?id=2185757384","media":"Reuters","summary":"Nov 23 (Reuters) - Japan will allocate about 600 billion yen ($5.2 billion) from its fiscal 2021 sup","content":"<p>Nov 23 (Reuters) - Japan will allocate about 600 billion yen ($5.2 billion) from its fiscal 2021 supplementary budget to support advanced semiconductor manufacturers including the world's No. 1 contract chipmaker, Taiwan Semiconductor Manufacturing Co (TSMC) , Nikkei reported on Tuesday.</p>\n<p>As part of the stimulus package, the Japanese government will invest about 400 billion yen in a new factory to be set up by TSMC in Kumamoto prefecture, southwest Japan, according to Nikkei</p>\n<p>TSMC said earlier this month it would build a $7 billion chip plant in Japan with Sony Group Corp, a move that was welcomed by the Japanese government.</p>\n<p>The remaining 200 billion yen will go toward setting up other factories with several projects under consideration, including by U.S. memory chipmaker Micron Technology Inc&nbsp;and Japan's Kioxia Holdings, the report said.</p>\n<p>Japan's chip-making sector, the world's biggest in the 1980s, has struggled to maintain its competitive edge, going into a steady decline in the past three decades, while rivals such as Taiwanese manufacturers gained ground.</p>\n<p>TSMC, Micron and Kioxia did not immediately respond to Reuters' requests for comment.</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>Japan to allocate $5.2 bln to fund chip plants by TSMC, others - Nikkei</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\">\nJapan to allocate $5.2 bln to fund chip plants by TSMC, others - Nikkei\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\">2021-11-23 21:23</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Nov 23 (Reuters) - Japan will allocate about 600 billion yen ($5.2 billion) from its fiscal 2021 supplementary budget to support advanced semiconductor manufacturers including the world's No. 1 contract chipmaker, Taiwan Semiconductor Manufacturing Co (TSMC) , Nikkei reported on Tuesday.</p>\n<p>As part of the stimulus package, the Japanese government will invest about 400 billion yen in a new factory to be set up by TSMC in Kumamoto prefecture, southwest Japan, according to Nikkei</p>\n<p>TSMC said earlier this month it would build a $7 billion chip plant in Japan with Sony Group Corp, a move that was welcomed by the Japanese government.</p>\n<p>The remaining 200 billion yen will go toward setting up other factories with several projects under consideration, including by U.S. memory chipmaker Micron Technology Inc&nbsp;and Japan's Kioxia Holdings, the report said.</p>\n<p>Japan's chip-making sector, the world's biggest in the 1980s, has struggled to maintain its competitive edge, going into a steady decline in the past three decades, while rivals such as Taiwanese manufacturers gained ground.</p>\n<p>TSMC, Micron and Kioxia did not immediately respond to Reuters' requests for comment.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4533":"AQR资本管理(全球第二大对冲基金)","BK4141":"半导体产品","BK4512":"苹果概念","BK4532":"文艺复兴科技持仓","TSM":"台积电","BK4554":"元宇宙及AR概念","MU":"美光科技","BK4553":"喜马拉雅资本持仓","BK4527":"明星科技股"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2185757384","content_text":"Nov 23 (Reuters) - Japan will allocate about 600 billion yen ($5.2 billion) from its fiscal 2021 supplementary budget to support advanced semiconductor manufacturers including the world's No. 1 contract chipmaker, Taiwan Semiconductor Manufacturing Co (TSMC) , Nikkei reported on Tuesday.\nAs part of the stimulus package, the Japanese government will invest about 400 billion yen in a new factory to be set up by TSMC in Kumamoto prefecture, southwest Japan, according to Nikkei\nTSMC said earlier this month it would build a $7 billion chip plant in Japan with Sony Group Corp, a move that was welcomed by the Japanese government.\nThe remaining 200 billion yen will go toward setting up other factories with several projects under consideration, including by U.S. memory chipmaker Micron Technology Inc and Japan's Kioxia Holdings, the report said.\nJapan's chip-making sector, the world's biggest in the 1980s, has struggled to maintain its competitive edge, going into a steady decline in the past three decades, while rivals such as Taiwanese manufacturers gained ground.\nTSMC, Micron and Kioxia did not immediately respond to Reuters' requests for comment.","news_type":1},"isVote":1,"tweetType":1,"viewCount":770,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":875796912,"gmtCreate":1637683472869,"gmtModify":1637683472869,"author":{"id":"4099720658890910","authorId":"4099720658890910","name":"edward7979","avatar":"https://static.tigerbbs.com/50e2f029ed58d4a9ca95241a9f4efbb1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Citibank is catching up","listText":"Citibank is catching up","text":"Citibank is catching up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/875796912","repostId":"1111787545","repostType":4,"repost":{"id":"1111787545","pubTimestamp":1637677426,"share":"https://www.laohu8.com/m/news/1111787545?lang=&edition=full","pubTime":"2021-11-23 22:23","market":"us","language":"en","title":"JPMorgan, Goldman Sachs Assigned Higher Capital Buffers","url":"https://stock-news.laohu8.com/highlight/detail?id=1111787545","media":"WSJ","summary":"Global financial regulators boosted capital requirements for JPMorgan Chase & Co., Goldman Sachs Gro","content":"<p>Global financial regulators boosted capital requirements for JPMorgan Chase &amp; Co., Goldman Sachs&nbsp;Group Inc. and BNP Paribas SAunder rules intended to help avoid a repeat of the 2008 global financial crisis, in which the largest lenders were deemed too big to fail.</p>\n<p>The Financial Stability Board in Basel, Switzerland, said the three banks would be required to set aside a further 0.5% of common equity Tier 1 capital under rules for the world’s largest lenders—the so-called global systemically important banks, of which there are currently 30. The higher requirements become effective in January 2023, the FSB said in a statement Tuesday.</p>\n<p>The higher capital requirements won’t have an immediate impact on the U.S. banks, since the Federal Reserve already requires higher additional capital standards for the biggest banks. The FSB’s decisions on additional capital requirements come in the form of recommendations, which national regulators have vowed to follow.</p>\n<p>The changes “largely reflect the effects of changes in underlying activity of banks,” the FSB said. Bank balance sheets swelled during the pandemic, a response to huge amounts of central bank stimulus and government spending. JPMorgan’s total assets grew by more than a quarter to $3.39 trillion in 2020, from $2.69 trillion the year before.</p>\n<p>The FSB updates its list of biggest banks annually. JPMorgan, the largest U.S. bank, must have an additional capital buffer of 2.5%, becoming the only global lender with a requirement of this size. The aim of the buffer is to ensure that the biggest banks have enough loss-absorbing capacity for an orderly resolution if the bank fails.</p>\n<p>A JPMorgan spokesperson said the bank already meets the requirement because the Federal Reserve has set it a higher surcharge of 3.5%.</p>\n<p>The Federal Reserve has set Goldman Sachs a surcharge of 2.5%, higher than the FSB’s new requirement of 1.5%. Goldman Sachs declined to comment.</p>\n<p>BNP Paribas must have an additional capital buffer of 2%, joining Citigroup Inc. and HSBC Holdings PLC, which already have to meet that level. BNP Paribas declined to comment.</p>\n<p>“Banks have headroom in their capital ratios to manage it,” said Richard Barnes, an analyst at S&amp;P Global Ratings.</p>\n<p>The FSB’s secretariat is hosted by the Bank for International Settlements, a group owned by central banks around the world. After the rush of bank failures and bailouts in 2008 and 2009, regulators came together under the FSB to set minimum uniform standards for bank capital.</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>JPMorgan, Goldman Sachs Assigned Higher Capital Buffers</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJPMorgan, Goldman Sachs Assigned Higher Capital Buffers\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-23 22:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/jpmorgan-goldman-sachs-told-to-boost-capital-buffers-11637669426?siteid=yhoof2><strong>WSJ</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Global financial regulators boosted capital requirements for JPMorgan Chase & Co., Goldman Sachs Group Inc. and BNP Paribas SAunder rules intended to help avoid a repeat of the 2008 global financial ...</p>\n\n<a href=\"https://www.wsj.com/articles/jpmorgan-goldman-sachs-told-to-boost-capital-buffers-11637669426?siteid=yhoof2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GS":"高盛","JPM":"摩根大通","BNPQY":"BNP Paribas"},"source_url":"https://www.wsj.com/articles/jpmorgan-goldman-sachs-told-to-boost-capital-buffers-11637669426?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1111787545","content_text":"Global financial regulators boosted capital requirements for JPMorgan Chase & Co., Goldman Sachs Group Inc. and BNP Paribas SAunder rules intended to help avoid a repeat of the 2008 global financial crisis, in which the largest lenders were deemed too big to fail.\nThe Financial Stability Board in Basel, Switzerland, said the three banks would be required to set aside a further 0.5% of common equity Tier 1 capital under rules for the world’s largest lenders—the so-called global systemically important banks, of which there are currently 30. The higher requirements become effective in January 2023, the FSB said in a statement Tuesday.\nThe higher capital requirements won’t have an immediate impact on the U.S. banks, since the Federal Reserve already requires higher additional capital standards for the biggest banks. The FSB’s decisions on additional capital requirements come in the form of recommendations, which national regulators have vowed to follow.\nThe changes “largely reflect the effects of changes in underlying activity of banks,” the FSB said. Bank balance sheets swelled during the pandemic, a response to huge amounts of central bank stimulus and government spending. JPMorgan’s total assets grew by more than a quarter to $3.39 trillion in 2020, from $2.69 trillion the year before.\nThe FSB updates its list of biggest banks annually. JPMorgan, the largest U.S. bank, must have an additional capital buffer of 2.5%, becoming the only global lender with a requirement of this size. The aim of the buffer is to ensure that the biggest banks have enough loss-absorbing capacity for an orderly resolution if the bank fails.\nA JPMorgan spokesperson said the bank already meets the requirement because the Federal Reserve has set it a higher surcharge of 3.5%.\nThe Federal Reserve has set Goldman Sachs a surcharge of 2.5%, higher than the FSB’s new requirement of 1.5%. Goldman Sachs declined to comment.\nBNP Paribas must have an additional capital buffer of 2%, joining Citigroup Inc. and HSBC Holdings PLC, which already have to meet that level. BNP Paribas declined to comment.\n“Banks have headroom in their capital ratios to manage it,” said Richard Barnes, an analyst at S&P Global Ratings.\nThe FSB’s secretariat is hosted by the Bank for International Settlements, a group owned by central banks around the world. After the rush of bank failures and bailouts in 2008 and 2009, regulators came together under the FSB to set minimum uniform standards for bank capital.","news_type":1},"isVote":1,"tweetType":1,"viewCount":739,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":877029708,"gmtCreate":1637845851403,"gmtModify":1637845851403,"author":{"id":"4099720658890910","authorId":"4099720658890910","name":"edward7979","avatar":"https://static.tigerbbs.com/50e2f029ed58d4a9ca95241a9f4efbb1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"I have already bought my share GLBE","listText":"I have already bought my share GLBE","text":"I have already bought my share GLBE","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/877029708","repostId":"2185354679","repostType":4,"isVote":1,"tweetType":1,"viewCount":361,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":877023764,"gmtCreate":1637846060089,"gmtModify":1637846060089,"author":{"id":"4099720658890910","authorId":"4099720658890910","name":"edward7979","avatar":"https://static.tigerbbs.com/50e2f029ed58d4a9ca95241a9f4efbb1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Taxi driver. Watch out","listText":"Taxi driver. Watch out","text":"Taxi driver. Watch out","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/877023764","repostId":"1184244487","repostType":4,"isVote":1,"tweetType":1,"viewCount":513,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":877023180,"gmtCreate":1637845923562,"gmtModify":1637845923562,"author":{"id":"4099720658890910","authorId":"4099720658890910","name":"edward7979","avatar":"https://static.tigerbbs.com/50e2f029ed58d4a9ca95241a9f4efbb1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Overvalued stock zoom, the competitor will catch up.","listText":"Overvalued stock zoom, the competitor will catch up.","text":"Overvalued stock zoom, the competitor will catch up.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/877023180","repostId":"1190485804","repostType":4,"repost":{"id":"1190485804","pubTimestamp":1637827600,"share":"https://www.laohu8.com/m/news/1190485804?lang=&edition=full","pubTime":"2021-11-25 16:06","market":"us","language":"en","title":"Zoom Stock: The Pain Has Only Just Begun","url":"https://stock-news.laohu8.com/highlight/detail?id=1190485804","media":"Seeking Alpha","summary":"Summary\n\nZoom's revenue growth is entering a post-pandemic slump.\nGrowth in key customer groups is a","content":"<p><b>Summary</b></p>\n<ul>\n <li>Zoom's revenue growth is entering a post-pandemic slump.</li>\n <li>Growth in key customer groups is also slowing down.</li>\n <li>Expenses are rising.</li>\n <li>Zoom is still overvalued.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9a48f07a7de30732bcfd17d0d67949f0\" tg-width=\"1536\" tg-height=\"1025\" width=\"100%\" height=\"auto\"><span>LeoPatrizi/E+ via Getty Images</span></p>\n<p>Zoom Video Communications (ZM) is at risk of generating negative returns for shareholders as a period of pandemic gains is coming to an end. Zoom's third-quarter showed that the threat of a revenue slowdown is real and shares of Zoom are still overvalued!</p>\n<p><b>A new normal: Slower revenue growth</b></p>\n<p>Zoom benefited from the COVID-19 pandemic like few companies did. The video chat company experienced an unprecedented revenue surge last year because businesses shut their doors and employees were forced to work from homes. The rise in remote working accelerated the digital transformation trend and Zoom played a key role for a lot of companies to communicate with their employees. Because of the pandemic, Zoom's revenues doubled between Q1'20 and Q2'20… and the business experienced strengthening demand for its video conferencing services in the quarters that followed. In the second-quarter, Zoom's communications platform generated more than $1.0B in revenues for the first time in the firm's history. Revenue growth in the second-quarter, year over year, was 54%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3432e12a7811f3478fba41c7bc4e75f3\" tg-width=\"1113\" tg-height=\"582\" width=\"100%\" height=\"auto\"><span>Source: Zoom</span></p>\n<p>Since the second-quarter, however, sales growth has been slowing down. Revenues in the third-quarter were $1.05B, showing a revenue growth rate of only 35% year over year. Zoom, spoiled with accelerating revenue growth rates during the pandemic, is now looking at a material deceleration of growth… and it already has an impact on Zoom's perception as a growth stock. Shares of Zoom cratered 14.7% yesterday, after presentation of the third-quarter earnings card. The one year price return is (52)%...</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/404d0e70eebba8c76faed91a2c62cd21\" tg-width=\"635\" tg-height=\"417\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p>\n<p>What isn't helping shares of Zoom is that the outlook for the fourth-quarter indicates a continual slowdown in revenue growth. Revenues are barely going to grow quarter over quarter in Q4'22, although they will grow 19% year over year to around $1.052B. The outlook for FY 2022 strongly indicates that Zoom's revenue growth rates have peaked… which creates a justification for a material repricing of Zoom's commercial growth prospects.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c9f8963d6bfaddf8f22dd59739d664cd\" tg-width=\"893\" tg-height=\"372\" width=\"100%\" height=\"auto\"><span>Source: Zoom</span></p>\n<p>Zoom's customers- typically large companies with more than 10 employees or $100 thousand in LTM revenues- continue to use the firm's video chat and conferencing products. However, growth in the most lucrative customer group, those with the highest revenue contribution, is also slowing down. Zoom had 2,507 customers generating more than $100 thousand in annual recurring revenues in the third-quarter… which calculates to a customer group growth rate of 94% year over year. In the second-quarter, Zoom grew this customer category by 131% and growth rates have steadily declined since the first-quarter.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d61c87f6ea3a5b9fec4dd9bfac46a5d3\" tg-width=\"981\" tg-height=\"545\" width=\"100%\" height=\"auto\"><span>Source: Zoom</span></p>\n<p><b>Improving customer monetization</b></p>\n<p>Zoom measures its customer monetization with a figure called net dollar expansion rate/NDER. The net dollar expansion rate measures the firm's internal revenue growth on a per-customer basis and expresses how much more money existing customers spend on Zoom's video conferencing platform, from one reporting period to the next. Zoom's NDER has consistently remained above 130%, meaning the firm's average customer increased spending by more than 30% compared to the year-earlier period. A high NDER implies strengthening customer monetization, and success in customer retention and up-selling.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b2d6fb78a690b0ec451e1f5c10d8862d\" tg-width=\"1159\" tg-height=\"532\" width=\"100%\" height=\"auto\"><span>Source: Zoom</span></p>\n<p><b>Expenses are rising</b></p>\n<p>Zoom has to constantly innovate and expand its product suite to keep customers happy. But this costs a lot of money. Expenses in the first nine months of the year increased in all expense groups- R&amp;D, S&amp;M and G&amp;A- and, if expenses grow faster than sales, margin declines could be a result of the revenue slowdown.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/47a289263f7337bd53def6903184bf02\" tg-width=\"750\" tg-height=\"450\" width=\"100%\" height=\"auto\"><span>Source: Zoom</span></p>\n<p><b>Zoom is still overvalued...</b></p>\n<p>The worst thing that can happen to a growth company like Zoom is that it has to warn of slowing growth because it immediately creates pressure on the valuation. This is what is happening here. The disappointing outlook for Q4'22 also indicates that revenue estimates for Zoom will fall once they get refreshed.</p>\n<p>Despite a 39% drop in pricing this year, the video chat firm's growth prospects are overvalued. Zoom is expected to generate revenues of $4.08B this year and $4.75B next year. The revenue growth rate for next year, implied by estimates, is just 16.43%. Despite the sharp slowdown in growth, shares of Zoom still trade at a P-S ratio of 13 (based off of FY 2023 estimates).</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4d057d1b4e1f4d8a4413f80139e6bd8b\" tg-width=\"907\" tg-height=\"654\" width=\"100%\" height=\"auto\"><span>Source: Author</span></p>\n<p><b>Risks with Zoom</b></p>\n<p>Zoom is in a critical situation: The world is moving on from the pandemic and it poses a challenge for a business that heavily benefited from digital transformation trends and remote working. New COVID-19 lockdown orders, like the ones that were just implemented in&nbsp;Europe, could accelerate Zoom's growth again. Longer term, the COVID-19 pandemic is poised to come to an end and there is considerable uncertainty as to how Zoom's growth will look like once the world fully returns to normal.</p>\n<p><b>Final thoughts</b></p>\n<p>I don't believe we have seen the end of this post-pandemic readjustment. The revenue slowdown is a real problem and Zoom has not found a recipe yet to counter this decline. New product roll-outs may counter the decline in revenue growth temporarily, but 'the new normal' will likely be a post-pandemic period of slower growth!</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>Zoom Stock: The Pain Has Only Just Begun</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\">\nZoom Stock: The Pain Has Only Just Begun\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-25 16:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4471747-zoom-video-stock-q3-earnings-post-pandemic-slump><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nZoom's revenue growth is entering a post-pandemic slump.\nGrowth in key customer groups is also slowing down.\nExpenses are rising.\nZoom is still overvalued.\n\nLeoPatrizi/E+ via Getty Images\n...</p>\n\n<a href=\"https://seekingalpha.com/article/4471747-zoom-video-stock-q3-earnings-post-pandemic-slump\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ZM":"Zoom"},"source_url":"https://seekingalpha.com/article/4471747-zoom-video-stock-q3-earnings-post-pandemic-slump","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1190485804","content_text":"Summary\n\nZoom's revenue growth is entering a post-pandemic slump.\nGrowth in key customer groups is also slowing down.\nExpenses are rising.\nZoom is still overvalued.\n\nLeoPatrizi/E+ via Getty Images\nZoom Video Communications (ZM) is at risk of generating negative returns for shareholders as a period of pandemic gains is coming to an end. Zoom's third-quarter showed that the threat of a revenue slowdown is real and shares of Zoom are still overvalued!\nA new normal: Slower revenue growth\nZoom benefited from the COVID-19 pandemic like few companies did. The video chat company experienced an unprecedented revenue surge last year because businesses shut their doors and employees were forced to work from homes. The rise in remote working accelerated the digital transformation trend and Zoom played a key role for a lot of companies to communicate with their employees. Because of the pandemic, Zoom's revenues doubled between Q1'20 and Q2'20… and the business experienced strengthening demand for its video conferencing services in the quarters that followed. In the second-quarter, Zoom's communications platform generated more than $1.0B in revenues for the first time in the firm's history. Revenue growth in the second-quarter, year over year, was 54%.\nSource: Zoom\nSince the second-quarter, however, sales growth has been slowing down. Revenues in the third-quarter were $1.05B, showing a revenue growth rate of only 35% year over year. Zoom, spoiled with accelerating revenue growth rates during the pandemic, is now looking at a material deceleration of growth… and it already has an impact on Zoom's perception as a growth stock. Shares of Zoom cratered 14.7% yesterday, after presentation of the third-quarter earnings card. The one year price return is (52)%...\nData by YCharts\nWhat isn't helping shares of Zoom is that the outlook for the fourth-quarter indicates a continual slowdown in revenue growth. Revenues are barely going to grow quarter over quarter in Q4'22, although they will grow 19% year over year to around $1.052B. The outlook for FY 2022 strongly indicates that Zoom's revenue growth rates have peaked… which creates a justification for a material repricing of Zoom's commercial growth prospects.\nSource: Zoom\nZoom's customers- typically large companies with more than 10 employees or $100 thousand in LTM revenues- continue to use the firm's video chat and conferencing products. However, growth in the most lucrative customer group, those with the highest revenue contribution, is also slowing down. Zoom had 2,507 customers generating more than $100 thousand in annual recurring revenues in the third-quarter… which calculates to a customer group growth rate of 94% year over year. In the second-quarter, Zoom grew this customer category by 131% and growth rates have steadily declined since the first-quarter.\nSource: Zoom\nImproving customer monetization\nZoom measures its customer monetization with a figure called net dollar expansion rate/NDER. The net dollar expansion rate measures the firm's internal revenue growth on a per-customer basis and expresses how much more money existing customers spend on Zoom's video conferencing platform, from one reporting period to the next. Zoom's NDER has consistently remained above 130%, meaning the firm's average customer increased spending by more than 30% compared to the year-earlier period. A high NDER implies strengthening customer monetization, and success in customer retention and up-selling.\nSource: Zoom\nExpenses are rising\nZoom has to constantly innovate and expand its product suite to keep customers happy. But this costs a lot of money. Expenses in the first nine months of the year increased in all expense groups- R&D, S&M and G&A- and, if expenses grow faster than sales, margin declines could be a result of the revenue slowdown.\nSource: Zoom\nZoom is still overvalued...\nThe worst thing that can happen to a growth company like Zoom is that it has to warn of slowing growth because it immediately creates pressure on the valuation. This is what is happening here. The disappointing outlook for Q4'22 also indicates that revenue estimates for Zoom will fall once they get refreshed.\nDespite a 39% drop in pricing this year, the video chat firm's growth prospects are overvalued. Zoom is expected to generate revenues of $4.08B this year and $4.75B next year. The revenue growth rate for next year, implied by estimates, is just 16.43%. Despite the sharp slowdown in growth, shares of Zoom still trade at a P-S ratio of 13 (based off of FY 2023 estimates).\nSource: Author\nRisks with Zoom\nZoom is in a critical situation: The world is moving on from the pandemic and it poses a challenge for a business that heavily benefited from digital transformation trends and remote working. New COVID-19 lockdown orders, like the ones that were just implemented in Europe, could accelerate Zoom's growth again. Longer term, the COVID-19 pandemic is poised to come to an end and there is considerable uncertainty as to how Zoom's growth will look like once the world fully returns to normal.\nFinal thoughts\nI don't believe we have seen the end of this post-pandemic readjustment. The revenue slowdown is a real problem and Zoom has not found a recipe yet to counter this decline. New product roll-outs may counter the decline in revenue growth temporarily, but 'the new normal' will likely be a post-pandemic period of slower growth!","news_type":1},"isVote":1,"tweetType":1,"viewCount":502,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":877029109,"gmtCreate":1637845689158,"gmtModify":1637845689158,"author":{"id":"4099720658890910","authorId":"4099720658890910","name":"edward7979","avatar":"https://static.tigerbbs.com/50e2f029ed58d4a9ca95241a9f4efbb1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Inflation is coming next year&nbsp;","listText":"Inflation is coming next year&nbsp;","text":"Inflation is coming next year","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/877029109","repostId":"1182200011","repostType":4,"isVote":1,"tweetType":1,"viewCount":598,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":877067155,"gmtCreate":1637845360604,"gmtModify":1637845360604,"author":{"id":"4099720658890910","authorId":"4099720658890910","name":"edward7979","avatar":"https://static.tigerbbs.com/50e2f029ed58d4a9ca95241a9f4efbb1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/01850\">$WINDMILL GP(01850)$</a>Pegasus fly high !!","listText":"<a href=\"https://laohu8.com/S/01850\">$WINDMILL GP(01850)$</a>Pegasus fly high !!","text":"$WINDMILL GP(01850)$Pegasus fly high !!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/877067155","isVote":1,"tweetType":1,"viewCount":1569,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":875796912,"gmtCreate":1637683472869,"gmtModify":1637683472869,"author":{"id":"4099720658890910","authorId":"4099720658890910","name":"edward7979","avatar":"https://static.tigerbbs.com/50e2f029ed58d4a9ca95241a9f4efbb1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Citibank is catching up","listText":"Citibank is catching up","text":"Citibank is catching up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/875796912","repostId":"1111787545","repostType":4,"isVote":1,"tweetType":1,"viewCount":739,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":875797755,"gmtCreate":1637683914444,"gmtModify":1637683914444,"author":{"id":"4099720658890910","authorId":"4099720658890910","name":"edward7979","avatar":"https://static.tigerbbs.com/50e2f029ed58d4a9ca95241a9f4efbb1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Xiaomi good quality smartphone","listText":"Xiaomi good quality smartphone","text":"Xiaomi good quality smartphone","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/875797755","repostId":"1100407650","repostType":4,"isVote":1,"tweetType":1,"viewCount":552,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":875794138,"gmtCreate":1637683774845,"gmtModify":1637705393956,"author":{"id":"4099720658890910","authorId":"4099720658890910","name":"edward7979","avatar":"https://static.tigerbbs.com/50e2f029ed58d4a9ca95241a9f4efbb1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Made in Taiwan. Very good quality chips","listText":"Made in Taiwan. Very good quality chips","text":"Made in Taiwan. Very good quality chips","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/875794138","repostId":"2185757384","repostType":4,"isVote":1,"tweetType":1,"viewCount":770,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}