Apple Crushes Social Media Stocks: What To Do Next_老虎社区_美港股上老虎

Apple Crushes Social Media Stocks: What To Do Next

TheStreet2021-10-25

Snap stock crumbled on Friday, shedding tens of billions of dollars in market value – and Apple is to blame for much of it. Here is why, and what investors could do next. After a day of closely ...

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RajBengal
·2021-10-25
A couple of things here are ironical.If the share is expected to drop only by the %age of revenue miss, you won't need a stock market. The price would've been fixed and you can buy it like any other goods.Apple only tightened the user control of activity tracking and this resulted in all the social media stocks tanking. This shows how much the violation of user privacy means for these stocks. Each big corporate talks big on the need of privacy but does exactly the opposite.
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nick220
·2021-10-25
Price drop sad
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4
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Sorrie2u
·2021-10-25
Great ariticle, would you like to share it?
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3
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CTigger
·2021-10-25
Ya
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2
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收起
- Waeisiong:
  Ok
  2021-10-25
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CTigger
·2021-10-25
Okie
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1
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- CTigger:
  ya
  2021-10-25
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Jenjorjack
·2021-10-25
Buying the dip?
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2
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- Charging:
  [微笑]
  2021-10-25
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MOON88
·2021-10-25
Buy more
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5
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- Koklingan:
  ya
  2021-10-25
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Here is why, and what investors could do next.\nAfter a day of closely ...</p>\n\n<a href=\"https://www.thestreet.com/apple/news/apple-crushes-social-media-stocks-what-to-do-next\">网页链接</a>\n\n</div>\n","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Crushes Social Media Stocks: What To Do Next</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Crushes Social Media Stocks: What To Do Next\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-25 08:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/apple/news/apple-crushes-social-media-stocks-what-to-do-next><strong>TheStreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Snap stock crumbled on Friday, shedding tens of billions of dollars in market value – and Apple is to blame for much of it. Here is why, and what investors could do next.\nAfter a day of closely ...</p>\n\n<a href=\"https://www.thestreet.com/apple/news/apple-crushes-social-media-stocks-what-to-do-next\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AAPL","symbol_name":"苹果","start_time":0,"source_url":"https://www.thestreet.com/apple/news/apple-crushes-social-media-stocks-what-to-do-next","article_id":"1138536137","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1138536137","pubTimestamp":1635120525,"columns":[],"sourceInfo":null,"weMediaInfo":null,"summary":"Snap stock crumbled on Friday, shedding tens of billions of dollars in market value – and Apple is t","collect":0,"end_time":0,"defaultTopTitle":"thestreet.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"AAPL":"苹果","SNAP":"Snap Inc"},"translate_title":"苹果压垮社交媒体股：下一步该怎么办","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AAPL":0.9,"SNAP":0.9},"content_text":"Snap stock crumbled on Friday, shedding tens of billions of dollars in market value – and Apple is to blame for much of it. Here is why, and what investors could do next.\nAfter a day of closely following the markets, it is time to wait for the closing bell, sit back and enjoy the rest of a relaxing evening, right? Well, not so fast.\nOn October 21, after the end of the trading session, social media company Snap rocked the markets. It delivered a Q3 revenue miss thatsentshares tumbling hard: -30% in after hour trading, at one point. The sudden loss of about $35 billion in market cap can be largely blamed on Apple and its iPhone privacy policy changes.\nToday, the Apple Maven explains how the Cupertino company caused shares of Snap and those of its social media peers to tank in the evening. Even the tech-rich Nasdaq index dipped 0.7% in after-hours trading, instantly erasing an estimated $120 billion in market value.\nFigure 1: Apple's new iPhone 13 model.\nWhat happened\nSnap’s Q3 results were not disastrous, at first glance. The revenue miss of $30 million (or four percentage points’ worth of top-line growth) was noticeable, but arguably not enough to make nearly one-third of the market value of Snap’s equity vanish in a snap of the fingers (pun intended). On earnings per share, Snap even topped Wall Street’s expectations by 9 cents.\nThe problem is that the revenue disappointment brought to light a sore subject in the internet and social media sectors. Earlier this year, Apple updated its iOS policies, giving device users the ability to opt out of activity tracking by third-party apps. The move was widely expected to hurt those whose business models rely on serving targeted ads – i.e. most social media and other internet companies.\nThe fears were largely confirmed on Thursday, following Snap’s Q3 print. CEO Evan Spiegel explained:\n\n “We missed the lower end of our guidance […] due to a few key factors, including changes to advertising tracking on iOS. […] While we anticipated some degree of business disruption, the new Apple-provided measurement solution did not scale as we had expected, making it more difficult for our advertising partners to measure and manage their ad campaigns for iOS.”\n\nThe after-hours bloodbath was not limited to Snap stock. Facebook, a near-trillion-dollar stock, also sank by as much as 8% instantly, before recovering about one-third of the losses within the hour. Alphabet, valued at almost $2 trillion, dipped nearly 3%. Twitter, a much smaller company by market cap, shed around $2 billion in value.\nThe contagion across the social media space can be explained by the fact that Snap was the first major internet company to report earnings this season. In the face of bad news, fearful investors were caught asking themselves: how bad will Facebook’s, Twitter’s and Alphabet’s number be, next week?\nWhat to do\nThere is a chance, some may argue a meaningful one, that the after-hours selloff in internet stocks will prove to be overdone. Therefore, bargain hunters might want to take advantage of widespread panic to buy the dip. In this case, I would probably be more comfortable betting on the established players with a more diversified user base and better infrastructure to handle the challenges posed by iOS.\nBut ultimately, this Thursday’s events help to reinforce one idea. Because of its condition as a gatekeeper of sorts, since it provides the hardware needed to access a plethora of tech services, Apple seems to be in the utmost position of power. This may explain why, as SNAP crumbled in after hours, Apple stock headed higher instead by about 0.3%.\nWithin the tech sector, and in part for the reasons above, I continue to find AAPL one of the best names to own at current levels.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":858753020,"gmtCreate":1635124748225,"gmtModify":1635124748327,"author":{"id":"3577165274965013","authorId":"3577165274965013","name":"RajBengal","avatar":"https://static.tigerbbs.com/5717bdd287c00be07fb5e4db5198793e","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3577165274965013","idStr":"3577165274965013"},"htmlText":"A couple of things here are ironical.If the share is expected to drop only by the %age of revenue miss, you won't need a stock market. The price would've been fixed and you can buy it like any other goods.Apple only tightened the user control of activity tracking and this resulted in all the social media stocks tanking. This shows how much the violation of user privacy means for these stocks. Each big corporate talks big on the need of privacy but does exactly the opposite.","listText":"A couple of things here are ironical.If the share is expected to drop only by the %age of revenue miss, you won't need a stock market. The price would've been fixed and you can buy it like any other goods.Apple only tightened the user control of activity tracking and this resulted in all the social media stocks tanking. This shows how much the violation of user privacy means for these stocks. Each big corporate talks big on the need of privacy but does exactly the opposite.","text":"A couple of things here are ironical.If the share is expected to drop only by the %age of revenue miss, you won't need a stock market. The price would've been fixed and you can buy it like any other goods.Apple only tightened the user control of activity tracking and this resulted in all the social media stocks tanking. This shows how much the violation of user privacy means for these stocks. Each big corporate talks big on the need of privacy but does exactly the opposite.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/858753020","repostId":1138536137,"repostType":4,"repost":{"id":"1138536137","kind":"news","pubTimestamp":1635120525,"share":"https://www.laohu8.com/m/news/1138536137?lang=&edition=full","pubTime":"2021-10-25 08:08","market":"us","language":"en","title":"Apple Crushes Social Media Stocks: What To Do Next","url":"https://stock-news.laohu8.com/highlight/detail?id=1138536137","media":"TheStreet","summary":"Snap stock crumbled on Friday, shedding tens of billions of dollars in market value – and Apple is t","content":"<p>Snap stock crumbled on&nbsp;Friday, shedding tens of billions of dollars in market value – and Apple is to blame for much of it. Here is why, and what investors could do next.</p>\n<p>After a day of closely following the markets, it is time to wait for the closing bell, sit back and enjoy the rest of a relaxing evening, right? Well, not so fast.</p>\n<p>On October 21, after the end of the trading session, social media company Snap&nbsp;rocked the markets. It delivered a Q3 revenue miss thatsentshares tumbling hard: -30% in after hour trading, at one point. The sudden loss of about $35 billion in market cap can be largely blamed on Apple&nbsp;and its iPhone privacy policy changes.</p>\n<p>Today, the Apple Maven explains how the Cupertino company caused shares of Snap and those of its social media peers to tank in the evening. Even the tech-rich Nasdaq index dipped 0.7% in after-hours trading, instantly erasing an estimated $120 billion in market value.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7ed8a6ea4a33d29dfca51bc0ce06a85b\" tg-width=\"1240\" tg-height=\"827\" width=\"100%\" height=\"auto\"><span>Figure 1: Apple's new iPhone 13 model.</span></p>\n<p><b>What happened</b></p>\n<p>Snap’s Q3 results were not disastrous, at first glance. The revenue miss of $30 million (or four percentage points’ worth of top-line growth) was noticeable, but arguably not enough to make nearly one-third of the market value of Snap’s equity vanish in a snap of the fingers (pun intended). On earnings per share, Snap even topped Wall Street’s expectations by 9 cents.</p>\n<p>The problem is that the revenue disappointment brought to light a sore subject in the internet and social media sectors. Earlier this year, Apple&nbsp;updated&nbsp;its iOS policies, giving device users the ability to opt out of activity tracking by third-party apps. The move was widely expected to hurt those whose business models rely on serving targeted ads – i.e. most social media and other internet companies.</p>\n<p>The fears were largely confirmed on Thursday, following Snap’s Q3 print. CEO Evan Spiegel&nbsp;explained:</p>\n<blockquote>\n “We missed the lower end of our guidance […] due to a few key factors, including changes to advertising tracking on iOS. […] While we anticipated some degree of business disruption, the new Apple-provided measurement solution did not scale as we had expected, making it more difficult for our advertising partners to measure and manage their ad campaigns for iOS.”\n</blockquote>\n<p>The after-hours bloodbath was not limited to Snap stock. Facebook, a near-trillion-dollar stock, also sank by as much as 8% instantly, before recovering about one-third of the losses within the hour. Alphabet, valued at almost $2 trillion, dipped nearly 3%. Twitter, a much smaller company by market cap, shed around $2 billion in value.</p>\n<p>The contagion across the social media space can be explained by the fact that Snap was the first major internet company to report earnings this season. In the face of bad news, fearful investors were caught asking themselves: how bad will Facebook’s, Twitter’s and Alphabet’s number be, next week?</p>\n<p><b>What to do</b></p>\n<p>There is a chance, some may argue a meaningful one, that the after-hours selloff in internet stocks will prove to be overdone. Therefore, bargain hunters might want to take advantage of widespread panic to buy the dip. In this case, I would probably be more comfortable betting on the established players with a more diversified user base and better infrastructure to handle the challenges posed by iOS.</p>\n<p>But ultimately, this Thursday’s events help to reinforce one idea. Because of its condition as a gatekeeper of sorts, since it provides the hardware needed to access a plethora of tech services, Apple seems to be in the utmost position of power. This may explain why, as SNAP crumbled in after hours, Apple stock&nbsp;headed higher instead by about 0.3%.</p>\n<p>Within the tech sector, and in part for the reasons above, I continue to find AAPL one of the best names to own at current levels.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Crushes Social Media Stocks: What To Do Next</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Crushes Social Media Stocks: What To Do Next\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-25 08:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/apple/news/apple-crushes-social-media-stocks-what-to-do-next><strong>TheStreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Snap stock crumbled on Friday, shedding tens of billions of dollars in market value – and Apple is to blame for much of it. Here is why, and what investors could do next.\nAfter a day of closely ...</p>\n\n<a href=\"https://www.thestreet.com/apple/news/apple-crushes-social-media-stocks-what-to-do-next\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","SNAP":"Snap Inc"},"source_url":"https://www.thestreet.com/apple/news/apple-crushes-social-media-stocks-what-to-do-next","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1138536137","content_text":"Snap stock crumbled on Friday, shedding tens of billions of dollars in market value – and Apple is to blame for much of it. Here is why, and what investors could do next.\nAfter a day of closely following the markets, it is time to wait for the closing bell, sit back and enjoy the rest of a relaxing evening, right? Well, not so fast.\nOn October 21, after the end of the trading session, social media company Snap rocked the markets. It delivered a Q3 revenue miss thatsentshares tumbling hard: -30% in after hour trading, at one point. The sudden loss of about $35 billion in market cap can be largely blamed on Apple and its iPhone privacy policy changes.\nToday, the Apple Maven explains how the Cupertino company caused shares of Snap and those of its social media peers to tank in the evening. Even the tech-rich Nasdaq index dipped 0.7% in after-hours trading, instantly erasing an estimated $120 billion in market value.\nFigure 1: Apple's new iPhone 13 model.\nWhat happened\nSnap’s Q3 results were not disastrous, at first glance. The revenue miss of $30 million (or four percentage points’ worth of top-line growth) was noticeable, but arguably not enough to make nearly one-third of the market value of Snap’s equity vanish in a snap of the fingers (pun intended). On earnings per share, Snap even topped Wall Street’s expectations by 9 cents.\nThe problem is that the revenue disappointment brought to light a sore subject in the internet and social media sectors. Earlier this year, Apple updated its iOS policies, giving device users the ability to opt out of activity tracking by third-party apps. The move was widely expected to hurt those whose business models rely on serving targeted ads – i.e. most social media and other internet companies.\nThe fears were largely confirmed on Thursday, following Snap’s Q3 print. CEO Evan Spiegel explained:\n\n “We missed the lower end of our guidance […] due to a few key factors, including changes to advertising tracking on iOS. […] While we anticipated some degree of business disruption, the new Apple-provided measurement solution did not scale as we had expected, making it more difficult for our advertising partners to measure and manage their ad campaigns for iOS.”\n\nThe after-hours bloodbath was not limited to Snap stock. Facebook, a near-trillion-dollar stock, also sank by as much as 8% instantly, before recovering about one-third of the losses within the hour. Alphabet, valued at almost $2 trillion, dipped nearly 3%. Twitter, a much smaller company by market cap, shed around $2 billion in value.\nThe contagion across the social media space can be explained by the fact that Snap was the first major internet company to report earnings this season. In the face of bad news, fearful investors were caught asking themselves: how bad will Facebook’s, Twitter’s and Alphabet’s number be, next week?\nWhat to do\nThere is a chance, some may argue a meaningful one, that the after-hours selloff in internet stocks will prove to be overdone. Therefore, bargain hunters might want to take advantage of widespread panic to buy the dip. In this case, I would probably be more comfortable betting on the established players with a more diversified user base and better infrastructure to handle the challenges posed by iOS.\nBut ultimately, this Thursday’s events help to reinforce one idea. Because of its condition as a gatekeeper of sorts, since it provides the hardware needed to access a plethora of tech services, Apple seems to be in the utmost position of power. This may explain why, as SNAP crumbled in after hours, Apple stock headed higher instead by about 0.3%.\nWithin the tech sector, and in part for the reasons above, I continue to find AAPL one of the best names to own at current levels.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":858732836,"gmtCreate":1635121619564,"gmtModify":1635121619649,"author":{"id":"4090813896055390","authorId":"4090813896055390","name":"nick220","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"4090813896055390","idStr":"4090813896055390"},"htmlText":"Price drop sad","listText":"Price drop sad","text":"Price drop sad","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/858732836","repostId":1138536137,"repostType":4,"repost":{"id":"1138536137","kind":"news","pubTimestamp":1635120525,"share":"https://www.laohu8.com/m/news/1138536137?lang=&edition=full","pubTime":"2021-10-25 08:08","market":"us","language":"en","title":"Apple Crushes Social Media Stocks: What To Do Next","url":"https://stock-news.laohu8.com/highlight/detail?id=1138536137","media":"TheStreet","summary":"Snap stock crumbled on Friday, shedding tens of billions of dollars in market value – and Apple is t","content":"<p>Snap stock crumbled on&nbsp;Friday, shedding tens of billions of dollars in market value – and Apple is to blame for much of it. Here is why, and what investors could do next.</p>\n<p>After a day of closely following the markets, it is time to wait for the closing bell, sit back and enjoy the rest of a relaxing evening, right? Well, not so fast.</p>\n<p>On October 21, after the end of the trading session, social media company Snap&nbsp;rocked the markets. It delivered a Q3 revenue miss thatsentshares tumbling hard: -30% in after hour trading, at one point. The sudden loss of about $35 billion in market cap can be largely blamed on Apple&nbsp;and its iPhone privacy policy changes.</p>\n<p>Today, the Apple Maven explains how the Cupertino company caused shares of Snap and those of its social media peers to tank in the evening. Even the tech-rich Nasdaq index dipped 0.7% in after-hours trading, instantly erasing an estimated $120 billion in market value.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7ed8a6ea4a33d29dfca51bc0ce06a85b\" tg-width=\"1240\" tg-height=\"827\" width=\"100%\" height=\"auto\"><span>Figure 1: Apple's new iPhone 13 model.</span></p>\n<p><b>What happened</b></p>\n<p>Snap’s Q3 results were not disastrous, at first glance. The revenue miss of $30 million (or four percentage points’ worth of top-line growth) was noticeable, but arguably not enough to make nearly one-third of the market value of Snap’s equity vanish in a snap of the fingers (pun intended). On earnings per share, Snap even topped Wall Street’s expectations by 9 cents.</p>\n<p>The problem is that the revenue disappointment brought to light a sore subject in the internet and social media sectors. Earlier this year, Apple&nbsp;updated&nbsp;its iOS policies, giving device users the ability to opt out of activity tracking by third-party apps. The move was widely expected to hurt those whose business models rely on serving targeted ads – i.e. most social media and other internet companies.</p>\n<p>The fears were largely confirmed on Thursday, following Snap’s Q3 print. CEO Evan Spiegel&nbsp;explained:</p>\n<blockquote>\n “We missed the lower end of our guidance […] due to a few key factors, including changes to advertising tracking on iOS. […] While we anticipated some degree of business disruption, the new Apple-provided measurement solution did not scale as we had expected, making it more difficult for our advertising partners to measure and manage their ad campaigns for iOS.”\n</blockquote>\n<p>The after-hours bloodbath was not limited to Snap stock. Facebook, a near-trillion-dollar stock, also sank by as much as 8% instantly, before recovering about one-third of the losses within the hour. Alphabet, valued at almost $2 trillion, dipped nearly 3%. Twitter, a much smaller company by market cap, shed around $2 billion in value.</p>\n<p>The contagion across the social media space can be explained by the fact that Snap was the first major internet company to report earnings this season. In the face of bad news, fearful investors were caught asking themselves: how bad will Facebook’s, Twitter’s and Alphabet’s number be, next week?</p>\n<p><b>What to do</b></p>\n<p>There is a chance, some may argue a meaningful one, that the after-hours selloff in internet stocks will prove to be overdone. Therefore, bargain hunters might want to take advantage of widespread panic to buy the dip. In this case, I would probably be more comfortable betting on the established players with a more diversified user base and better infrastructure to handle the challenges posed by iOS.</p>\n<p>But ultimately, this Thursday’s events help to reinforce one idea. Because of its condition as a gatekeeper of sorts, since it provides the hardware needed to access a plethora of tech services, Apple seems to be in the utmost position of power. This may explain why, as SNAP crumbled in after hours, Apple stock&nbsp;headed higher instead by about 0.3%.</p>\n<p>Within the tech sector, and in part for the reasons above, I continue to find AAPL one of the best names to own at current levels.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Crushes Social Media Stocks: What To Do Next</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Crushes Social Media Stocks: What To Do Next\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-25 08:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/apple/news/apple-crushes-social-media-stocks-what-to-do-next><strong>TheStreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Snap stock crumbled on Friday, shedding tens of billions of dollars in market value – and Apple is to blame for much of it. Here is why, and what investors could do next.\nAfter a day of closely ...</p>\n\n<a href=\"https://www.thestreet.com/apple/news/apple-crushes-social-media-stocks-what-to-do-next\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","SNAP":"Snap Inc"},"source_url":"https://www.thestreet.com/apple/news/apple-crushes-social-media-stocks-what-to-do-next","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1138536137","content_text":"Snap stock crumbled on Friday, shedding tens of billions of dollars in market value – and Apple is to blame for much of it. Here is why, and what investors could do next.\nAfter a day of closely following the markets, it is time to wait for the closing bell, sit back and enjoy the rest of a relaxing evening, right? Well, not so fast.\nOn October 21, after the end of the trading session, social media company Snap rocked the markets. It delivered a Q3 revenue miss thatsentshares tumbling hard: -30% in after hour trading, at one point. The sudden loss of about $35 billion in market cap can be largely blamed on Apple and its iPhone privacy policy changes.\nToday, the Apple Maven explains how the Cupertino company caused shares of Snap and those of its social media peers to tank in the evening. Even the tech-rich Nasdaq index dipped 0.7% in after-hours trading, instantly erasing an estimated $120 billion in market value.\nFigure 1: Apple's new iPhone 13 model.\nWhat happened\nSnap’s Q3 results were not disastrous, at first glance. The revenue miss of $30 million (or four percentage points’ worth of top-line growth) was noticeable, but arguably not enough to make nearly one-third of the market value of Snap’s equity vanish in a snap of the fingers (pun intended). On earnings per share, Snap even topped Wall Street’s expectations by 9 cents.\nThe problem is that the revenue disappointment brought to light a sore subject in the internet and social media sectors. Earlier this year, Apple updated its iOS policies, giving device users the ability to opt out of activity tracking by third-party apps. The move was widely expected to hurt those whose business models rely on serving targeted ads – i.e. most social media and other internet companies.\nThe fears were largely confirmed on Thursday, following Snap’s Q3 print. CEO Evan Spiegel explained:\n\n “We missed the lower end of our guidance […] due to a few key factors, including changes to advertising tracking on iOS. […] While we anticipated some degree of business disruption, the new Apple-provided measurement solution did not scale as we had expected, making it more difficult for our advertising partners to measure and manage their ad campaigns for iOS.”\n\nThe after-hours bloodbath was not limited to Snap stock. Facebook, a near-trillion-dollar stock, also sank by as much as 8% instantly, before recovering about one-third of the losses within the hour. Alphabet, valued at almost $2 trillion, dipped nearly 3%. Twitter, a much smaller company by market cap, shed around $2 billion in value.\nThe contagion across the social media space can be explained by the fact that Snap was the first major internet company to report earnings this season. In the face of bad news, fearful investors were caught asking themselves: how bad will Facebook’s, Twitter’s and Alphabet’s number be, next week?\nWhat to do\nThere is a chance, some may argue a meaningful one, that the after-hours selloff in internet stocks will prove to be overdone. Therefore, bargain hunters might want to take advantage of widespread panic to buy the dip. In this case, I would probably be more comfortable betting on the established players with a more diversified user base and better infrastructure to handle the challenges posed by iOS.\nBut ultimately, this Thursday’s events help to reinforce one idea. Because of its condition as a gatekeeper of sorts, since it provides the hardware needed to access a plethora of tech services, Apple seems to be in the utmost position of power. This may explain why, as SNAP crumbled in after hours, Apple stock headed higher instead by about 0.3%.\nWithin the tech sector, and in part for the reasons above, I continue to find AAPL one of the best names to own at current levels.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":858736079,"gmtCreate":1635121562932,"gmtModify":1635121569639,"author":{"id":"3557997848207595","authorId":"3557997848207595","name":"Sorrie2u","avatar":"https://static.tigerbbs.com/daee3c31c13830f17698139700d5c999","vip":1,"crmLevel":6,"crmLevelSwitch":0,"authorIdStr":"3557997848207595","idStr":"3557997848207595"},"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/858736079","repostId":1138536137,"repostType":4,"repost":{"id":"1138536137","kind":"news","pubTimestamp":1635120525,"share":"https://www.laohu8.com/m/news/1138536137?lang=&edition=full","pubTime":"2021-10-25 08:08","market":"us","language":"en","title":"Apple Crushes Social Media Stocks: What To Do Next","url":"https://stock-news.laohu8.com/highlight/detail?id=1138536137","media":"TheStreet","summary":"Snap stock crumbled on Friday, shedding tens of billions of dollars in market value – and Apple is t","content":"<p>Snap stock crumbled on&nbsp;Friday, shedding tens of billions of dollars in market value – and Apple is to blame for much of it. Here is why, and what investors could do next.</p>\n<p>After a day of closely following the markets, it is time to wait for the closing bell, sit back and enjoy the rest of a relaxing evening, right? Well, not so fast.</p>\n<p>On October 21, after the end of the trading session, social media company Snap&nbsp;rocked the markets. It delivered a Q3 revenue miss thatsentshares tumbling hard: -30% in after hour trading, at one point. The sudden loss of about $35 billion in market cap can be largely blamed on Apple&nbsp;and its iPhone privacy policy changes.</p>\n<p>Today, the Apple Maven explains how the Cupertino company caused shares of Snap and those of its social media peers to tank in the evening. Even the tech-rich Nasdaq index dipped 0.7% in after-hours trading, instantly erasing an estimated $120 billion in market value.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7ed8a6ea4a33d29dfca51bc0ce06a85b\" tg-width=\"1240\" tg-height=\"827\" width=\"100%\" height=\"auto\"><span>Figure 1: Apple's new iPhone 13 model.</span></p>\n<p><b>What happened</b></p>\n<p>Snap’s Q3 results were not disastrous, at first glance. The revenue miss of $30 million (or four percentage points’ worth of top-line growth) was noticeable, but arguably not enough to make nearly one-third of the market value of Snap’s equity vanish in a snap of the fingers (pun intended). On earnings per share, Snap even topped Wall Street’s expectations by 9 cents.</p>\n<p>The problem is that the revenue disappointment brought to light a sore subject in the internet and social media sectors. Earlier this year, Apple&nbsp;updated&nbsp;its iOS policies, giving device users the ability to opt out of activity tracking by third-party apps. The move was widely expected to hurt those whose business models rely on serving targeted ads – i.e. most social media and other internet companies.</p>\n<p>The fears were largely confirmed on Thursday, following Snap’s Q3 print. CEO Evan Spiegel&nbsp;explained:</p>\n<blockquote>\n “We missed the lower end of our guidance […] due to a few key factors, including changes to advertising tracking on iOS. […] While we anticipated some degree of business disruption, the new Apple-provided measurement solution did not scale as we had expected, making it more difficult for our advertising partners to measure and manage their ad campaigns for iOS.”\n</blockquote>\n<p>The after-hours bloodbath was not limited to Snap stock. Facebook, a near-trillion-dollar stock, also sank by as much as 8% instantly, before recovering about one-third of the losses within the hour. Alphabet, valued at almost $2 trillion, dipped nearly 3%. Twitter, a much smaller company by market cap, shed around $2 billion in value.</p>\n<p>The contagion across the social media space can be explained by the fact that Snap was the first major internet company to report earnings this season. In the face of bad news, fearful investors were caught asking themselves: how bad will Facebook’s, Twitter’s and Alphabet’s number be, next week?</p>\n<p><b>What to do</b></p>\n<p>There is a chance, some may argue a meaningful one, that the after-hours selloff in internet stocks will prove to be overdone. Therefore, bargain hunters might want to take advantage of widespread panic to buy the dip. In this case, I would probably be more comfortable betting on the established players with a more diversified user base and better infrastructure to handle the challenges posed by iOS.</p>\n<p>But ultimately, this Thursday’s events help to reinforce one idea. Because of its condition as a gatekeeper of sorts, since it provides the hardware needed to access a plethora of tech services, Apple seems to be in the utmost position of power. This may explain why, as SNAP crumbled in after hours, Apple stock&nbsp;headed higher instead by about 0.3%.</p>\n<p>Within the tech sector, and in part for the reasons above, I continue to find AAPL one of the best names to own at current levels.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Crushes Social Media Stocks: What To Do Next</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Crushes Social Media Stocks: What To Do Next\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-25 08:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/apple/news/apple-crushes-social-media-stocks-what-to-do-next><strong>TheStreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Snap stock crumbled on Friday, shedding tens of billions of dollars in market value – and Apple is to blame for much of it. Here is why, and what investors could do next.\nAfter a day of closely ...</p>\n\n<a href=\"https://www.thestreet.com/apple/news/apple-crushes-social-media-stocks-what-to-do-next\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","SNAP":"Snap Inc"},"source_url":"https://www.thestreet.com/apple/news/apple-crushes-social-media-stocks-what-to-do-next","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1138536137","content_text":"Snap stock crumbled on Friday, shedding tens of billions of dollars in market value – and Apple is to blame for much of it. Here is why, and what investors could do next.\nAfter a day of closely following the markets, it is time to wait for the closing bell, sit back and enjoy the rest of a relaxing evening, right? Well, not so fast.\nOn October 21, after the end of the trading session, social media company Snap rocked the markets. It delivered a Q3 revenue miss thatsentshares tumbling hard: -30% in after hour trading, at one point. The sudden loss of about $35 billion in market cap can be largely blamed on Apple and its iPhone privacy policy changes.\nToday, the Apple Maven explains how the Cupertino company caused shares of Snap and those of its social media peers to tank in the evening. Even the tech-rich Nasdaq index dipped 0.7% in after-hours trading, instantly erasing an estimated $120 billion in market value.\nFigure 1: Apple's new iPhone 13 model.\nWhat happened\nSnap’s Q3 results were not disastrous, at first glance. The revenue miss of $30 million (or four percentage points’ worth of top-line growth) was noticeable, but arguably not enough to make nearly one-third of the market value of Snap’s equity vanish in a snap of the fingers (pun intended). On earnings per share, Snap even topped Wall Street’s expectations by 9 cents.\nThe problem is that the revenue disappointment brought to light a sore subject in the internet and social media sectors. Earlier this year, Apple updated its iOS policies, giving device users the ability to opt out of activity tracking by third-party apps. The move was widely expected to hurt those whose business models rely on serving targeted ads – i.e. most social media and other internet companies.\nThe fears were largely confirmed on Thursday, following Snap’s Q3 print. CEO Evan Spiegel explained:\n\n “We missed the lower end of our guidance […] due to a few key factors, including changes to advertising tracking on iOS. […] While we anticipated some degree of business disruption, the new Apple-provided measurement solution did not scale as we had expected, making it more difficult for our advertising partners to measure and manage their ad campaigns for iOS.”\n\nThe after-hours bloodbath was not limited to Snap stock. Facebook, a near-trillion-dollar stock, also sank by as much as 8% instantly, before recovering about one-third of the losses within the hour. Alphabet, valued at almost $2 trillion, dipped nearly 3%. Twitter, a much smaller company by market cap, shed around $2 billion in value.\nThe contagion across the social media space can be explained by the fact that Snap was the first major internet company to report earnings this season. In the face of bad news, fearful investors were caught asking themselves: how bad will Facebook’s, Twitter’s and Alphabet’s number be, next week?\nWhat to do\nThere is a chance, some may argue a meaningful one, that the after-hours selloff in internet stocks will prove to be overdone. Therefore, bargain hunters might want to take advantage of widespread panic to buy the dip. In this case, I would probably be more comfortable betting on the established players with a more diversified user base and better infrastructure to handle the challenges posed by iOS.\nBut ultimately, this Thursday’s events help to reinforce one idea. Because of its condition as a gatekeeper of sorts, since it provides the hardware needed to access a plethora of tech services, Apple seems to be in the utmost position of power. This may explain why, as SNAP crumbled in after hours, Apple stock headed higher instead by about 0.3%.\nWithin the tech sector, and in part for the reasons above, I continue to find AAPL one of the best names to own at current levels.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":858731892,"gmtCreate":1635121472921,"gmtModify":1635121518772,"author":{"id":"3582928437657110","authorId":"3582928437657110","name":"CTigger","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"3582928437657110","idStr":"3582928437657110"},"htmlText":"Ya","listText":"Ya","text":"Ya","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/858731892","repostId":1138536137,"repostType":2,"repost":{"id":"1138536137","kind":"news","pubTimestamp":1635120525,"share":"https://www.laohu8.com/m/news/1138536137?lang=&edition=full","pubTime":"2021-10-25 08:08","market":"us","language":"en","title":"Apple Crushes Social Media Stocks: What To Do Next","url":"https://stock-news.laohu8.com/highlight/detail?id=1138536137","media":"TheStreet","summary":"Snap stock crumbled on Friday, shedding tens of billions of dollars in market value – and Apple is t","content":"<p>Snap stock crumbled on&nbsp;Friday, shedding tens of billions of dollars in market value – and Apple is to blame for much of it. Here is why, and what investors could do next.</p>\n<p>After a day of closely following the markets, it is time to wait for the closing bell, sit back and enjoy the rest of a relaxing evening, right? Well, not so fast.</p>\n<p>On October 21, after the end of the trading session, social media company Snap&nbsp;rocked the markets. It delivered a Q3 revenue miss thatsentshares tumbling hard: -30% in after hour trading, at one point. The sudden loss of about $35 billion in market cap can be largely blamed on Apple&nbsp;and its iPhone privacy policy changes.</p>\n<p>Today, the Apple Maven explains how the Cupertino company caused shares of Snap and those of its social media peers to tank in the evening. Even the tech-rich Nasdaq index dipped 0.7% in after-hours trading, instantly erasing an estimated $120 billion in market value.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7ed8a6ea4a33d29dfca51bc0ce06a85b\" tg-width=\"1240\" tg-height=\"827\" width=\"100%\" height=\"auto\"><span>Figure 1: Apple's new iPhone 13 model.</span></p>\n<p><b>What happened</b></p>\n<p>Snap’s Q3 results were not disastrous, at first glance. The revenue miss of $30 million (or four percentage points’ worth of top-line growth) was noticeable, but arguably not enough to make nearly one-third of the market value of Snap’s equity vanish in a snap of the fingers (pun intended). On earnings per share, Snap even topped Wall Street’s expectations by 9 cents.</p>\n<p>The problem is that the revenue disappointment brought to light a sore subject in the internet and social media sectors. Earlier this year, Apple&nbsp;updated&nbsp;its iOS policies, giving device users the ability to opt out of activity tracking by third-party apps. The move was widely expected to hurt those whose business models rely on serving targeted ads – i.e. most social media and other internet companies.</p>\n<p>The fears were largely confirmed on Thursday, following Snap’s Q3 print. CEO Evan Spiegel&nbsp;explained:</p>\n<blockquote>\n “We missed the lower end of our guidance […] due to a few key factors, including changes to advertising tracking on iOS. […] While we anticipated some degree of business disruption, the new Apple-provided measurement solution did not scale as we had expected, making it more difficult for our advertising partners to measure and manage their ad campaigns for iOS.”\n</blockquote>\n<p>The after-hours bloodbath was not limited to Snap stock. Facebook, a near-trillion-dollar stock, also sank by as much as 8% instantly, before recovering about one-third of the losses within the hour. Alphabet, valued at almost $2 trillion, dipped nearly 3%. Twitter, a much smaller company by market cap, shed around $2 billion in value.</p>\n<p>The contagion across the social media space can be explained by the fact that Snap was the first major internet company to report earnings this season. In the face of bad news, fearful investors were caught asking themselves: how bad will Facebook’s, Twitter’s and Alphabet’s number be, next week?</p>\n<p><b>What to do</b></p>\n<p>There is a chance, some may argue a meaningful one, that the after-hours selloff in internet stocks will prove to be overdone. Therefore, bargain hunters might want to take advantage of widespread panic to buy the dip. In this case, I would probably be more comfortable betting on the established players with a more diversified user base and better infrastructure to handle the challenges posed by iOS.</p>\n<p>But ultimately, this Thursday’s events help to reinforce one idea. Because of its condition as a gatekeeper of sorts, since it provides the hardware needed to access a plethora of tech services, Apple seems to be in the utmost position of power. This may explain why, as SNAP crumbled in after hours, Apple stock&nbsp;headed higher instead by about 0.3%.</p>\n<p>Within the tech sector, and in part for the reasons above, I continue to find AAPL one of the best names to own at current levels.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Crushes Social Media Stocks: What To Do Next</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Crushes Social Media Stocks: What To Do Next\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-25 08:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/apple/news/apple-crushes-social-media-stocks-what-to-do-next><strong>TheStreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Snap stock crumbled on Friday, shedding tens of billions of dollars in market value – and Apple is to blame for much of it. Here is why, and what investors could do next.\nAfter a day of closely ...</p>\n\n<a href=\"https://www.thestreet.com/apple/news/apple-crushes-social-media-stocks-what-to-do-next\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","SNAP":"Snap Inc"},"source_url":"https://www.thestreet.com/apple/news/apple-crushes-social-media-stocks-what-to-do-next","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1138536137","content_text":"Snap stock crumbled on Friday, shedding tens of billions of dollars in market value – and Apple is to blame for much of it. Here is why, and what investors could do next.\nAfter a day of closely following the markets, it is time to wait for the closing bell, sit back and enjoy the rest of a relaxing evening, right? Well, not so fast.\nOn October 21, after the end of the trading session, social media company Snap rocked the markets. It delivered a Q3 revenue miss thatsentshares tumbling hard: -30% in after hour trading, at one point. The sudden loss of about $35 billion in market cap can be largely blamed on Apple and its iPhone privacy policy changes.\nToday, the Apple Maven explains how the Cupertino company caused shares of Snap and those of its social media peers to tank in the evening. Even the tech-rich Nasdaq index dipped 0.7% in after-hours trading, instantly erasing an estimated $120 billion in market value.\nFigure 1: Apple's new iPhone 13 model.\nWhat happened\nSnap’s Q3 results were not disastrous, at first glance. The revenue miss of $30 million (or four percentage points’ worth of top-line growth) was noticeable, but arguably not enough to make nearly one-third of the market value of Snap’s equity vanish in a snap of the fingers (pun intended). On earnings per share, Snap even topped Wall Street’s expectations by 9 cents.\nThe problem is that the revenue disappointment brought to light a sore subject in the internet and social media sectors. Earlier this year, Apple updated its iOS policies, giving device users the ability to opt out of activity tracking by third-party apps. The move was widely expected to hurt those whose business models rely on serving targeted ads – i.e. most social media and other internet companies.\nThe fears were largely confirmed on Thursday, following Snap’s Q3 print. CEO Evan Spiegel explained:\n\n “We missed the lower end of our guidance […] due to a few key factors, including changes to advertising tracking on iOS. […] While we anticipated some degree of business disruption, the new Apple-provided measurement solution did not scale as we had expected, making it more difficult for our advertising partners to measure and manage their ad campaigns for iOS.”\n\nThe after-hours bloodbath was not limited to Snap stock. Facebook, a near-trillion-dollar stock, also sank by as much as 8% instantly, before recovering about one-third of the losses within the hour. Alphabet, valued at almost $2 trillion, dipped nearly 3%. Twitter, a much smaller company by market cap, shed around $2 billion in value.\nThe contagion across the social media space can be explained by the fact that Snap was the first major internet company to report earnings this season. In the face of bad news, fearful investors were caught asking themselves: how bad will Facebook’s, Twitter’s and Alphabet’s number be, next week?\nWhat to do\nThere is a chance, some may argue a meaningful one, that the after-hours selloff in internet stocks will prove to be overdone. Therefore, bargain hunters might want to take advantage of widespread panic to buy the dip. In this case, I would probably be more comfortable betting on the established players with a more diversified user base and better infrastructure to handle the challenges posed by iOS.\nBut ultimately, this Thursday’s events help to reinforce one idea. Because of its condition as a gatekeeper of sorts, since it provides the hardware needed to access a plethora of tech services, Apple seems to be in the utmost position of power. This may explain why, as SNAP crumbled in after hours, Apple stock headed higher instead by about 0.3%.\nWithin the tech sector, and in part for the reasons above, I continue to find AAPL one of the best names to own at current levels.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6313045,"gmtCreate":1635122750268,"gmtModify":1635122750309,"authorId":3581590310925129,"author":{"id":3581590310925129,"idStr":"3581590310925129","authorId":3581590310925129,"name":"Waeisiong","avatar":"https://static.tigerbbs.com/058e1e1ecb51258cff6ed86fb0c17292","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":858731892,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"CN"},{"id":858733300,"gmtCreate":1635121440321,"gmtModify":1635121440620,"author":{"id":"3582928437657110","authorId":"3582928437657110","name":"CTigger","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"3582928437657110","idStr":"3582928437657110"},"htmlText":"Okie","listText":"Okie","text":"Okie","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/858733300","repostId":1138536137,"repostType":2,"repost":{"id":"1138536137","kind":"news","pubTimestamp":1635120525,"share":"https://www.laohu8.com/m/news/1138536137?lang=&edition=full","pubTime":"2021-10-25 08:08","market":"us","language":"en","title":"Apple Crushes Social Media Stocks: What To Do Next","url":"https://stock-news.laohu8.com/highlight/detail?id=1138536137","media":"TheStreet","summary":"Snap stock crumbled on Friday, shedding tens of billions of dollars in market value – and Apple is t","content":"<p>Snap stock crumbled on&nbsp;Friday, shedding tens of billions of dollars in market value – and Apple is to blame for much of it. Here is why, and what investors could do next.</p>\n<p>After a day of closely following the markets, it is time to wait for the closing bell, sit back and enjoy the rest of a relaxing evening, right? Well, not so fast.</p>\n<p>On October 21, after the end of the trading session, social media company Snap&nbsp;rocked the markets. It delivered a Q3 revenue miss thatsentshares tumbling hard: -30% in after hour trading, at one point. The sudden loss of about $35 billion in market cap can be largely blamed on Apple&nbsp;and its iPhone privacy policy changes.</p>\n<p>Today, the Apple Maven explains how the Cupertino company caused shares of Snap and those of its social media peers to tank in the evening. Even the tech-rich Nasdaq index dipped 0.7% in after-hours trading, instantly erasing an estimated $120 billion in market value.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7ed8a6ea4a33d29dfca51bc0ce06a85b\" tg-width=\"1240\" tg-height=\"827\" width=\"100%\" height=\"auto\"><span>Figure 1: Apple's new iPhone 13 model.</span></p>\n<p><b>What happened</b></p>\n<p>Snap’s Q3 results were not disastrous, at first glance. The revenue miss of $30 million (or four percentage points’ worth of top-line growth) was noticeable, but arguably not enough to make nearly one-third of the market value of Snap’s equity vanish in a snap of the fingers (pun intended). On earnings per share, Snap even topped Wall Street’s expectations by 9 cents.</p>\n<p>The problem is that the revenue disappointment brought to light a sore subject in the internet and social media sectors. Earlier this year, Apple&nbsp;updated&nbsp;its iOS policies, giving device users the ability to opt out of activity tracking by third-party apps. The move was widely expected to hurt those whose business models rely on serving targeted ads – i.e. most social media and other internet companies.</p>\n<p>The fears were largely confirmed on Thursday, following Snap’s Q3 print. CEO Evan Spiegel&nbsp;explained:</p>\n<blockquote>\n “We missed the lower end of our guidance […] due to a few key factors, including changes to advertising tracking on iOS. […] While we anticipated some degree of business disruption, the new Apple-provided measurement solution did not scale as we had expected, making it more difficult for our advertising partners to measure and manage their ad campaigns for iOS.”\n</blockquote>\n<p>The after-hours bloodbath was not limited to Snap stock. Facebook, a near-trillion-dollar stock, also sank by as much as 8% instantly, before recovering about one-third of the losses within the hour. Alphabet, valued at almost $2 trillion, dipped nearly 3%. Twitter, a much smaller company by market cap, shed around $2 billion in value.</p>\n<p>The contagion across the social media space can be explained by the fact that Snap was the first major internet company to report earnings this season. In the face of bad news, fearful investors were caught asking themselves: how bad will Facebook’s, Twitter’s and Alphabet’s number be, next week?</p>\n<p><b>What to do</b></p>\n<p>There is a chance, some may argue a meaningful one, that the after-hours selloff in internet stocks will prove to be overdone. Therefore, bargain hunters might want to take advantage of widespread panic to buy the dip. In this case, I would probably be more comfortable betting on the established players with a more diversified user base and better infrastructure to handle the challenges posed by iOS.</p>\n<p>But ultimately, this Thursday’s events help to reinforce one idea. Because of its condition as a gatekeeper of sorts, since it provides the hardware needed to access a plethora of tech services, Apple seems to be in the utmost position of power. This may explain why, as SNAP crumbled in after hours, Apple stock&nbsp;headed higher instead by about 0.3%.</p>\n<p>Within the tech sector, and in part for the reasons above, I continue to find AAPL one of the best names to own at current levels.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Crushes Social Media Stocks: What To Do Next</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Crushes Social Media Stocks: What To Do Next\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-25 08:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/apple/news/apple-crushes-social-media-stocks-what-to-do-next><strong>TheStreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Snap stock crumbled on Friday, shedding tens of billions of dollars in market value – and Apple is to blame for much of it. Here is why, and what investors could do next.\nAfter a day of closely ...</p>\n\n<a href=\"https://www.thestreet.com/apple/news/apple-crushes-social-media-stocks-what-to-do-next\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","SNAP":"Snap Inc"},"source_url":"https://www.thestreet.com/apple/news/apple-crushes-social-media-stocks-what-to-do-next","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1138536137","content_text":"Snap stock crumbled on Friday, shedding tens of billions of dollars in market value – and Apple is to blame for much of it. Here is why, and what investors could do next.\nAfter a day of closely following the markets, it is time to wait for the closing bell, sit back and enjoy the rest of a relaxing evening, right? Well, not so fast.\nOn October 21, after the end of the trading session, social media company Snap rocked the markets. It delivered a Q3 revenue miss thatsentshares tumbling hard: -30% in after hour trading, at one point. The sudden loss of about $35 billion in market cap can be largely blamed on Apple and its iPhone privacy policy changes.\nToday, the Apple Maven explains how the Cupertino company caused shares of Snap and those of its social media peers to tank in the evening. Even the tech-rich Nasdaq index dipped 0.7% in after-hours trading, instantly erasing an estimated $120 billion in market value.\nFigure 1: Apple's new iPhone 13 model.\nWhat happened\nSnap’s Q3 results were not disastrous, at first glance. The revenue miss of $30 million (or four percentage points’ worth of top-line growth) was noticeable, but arguably not enough to make nearly one-third of the market value of Snap’s equity vanish in a snap of the fingers (pun intended). On earnings per share, Snap even topped Wall Street’s expectations by 9 cents.\nThe problem is that the revenue disappointment brought to light a sore subject in the internet and social media sectors. Earlier this year, Apple updated its iOS policies, giving device users the ability to opt out of activity tracking by third-party apps. The move was widely expected to hurt those whose business models rely on serving targeted ads – i.e. most social media and other internet companies.\nThe fears were largely confirmed on Thursday, following Snap’s Q3 print. CEO Evan Spiegel explained:\n\n “We missed the lower end of our guidance […] due to a few key factors, including changes to advertising tracking on iOS. […] While we anticipated some degree of business disruption, the new Apple-provided measurement solution did not scale as we had expected, making it more difficult for our advertising partners to measure and manage their ad campaigns for iOS.”\n\nThe after-hours bloodbath was not limited to Snap stock. Facebook, a near-trillion-dollar stock, also sank by as much as 8% instantly, before recovering about one-third of the losses within the hour. Alphabet, valued at almost $2 trillion, dipped nearly 3%. Twitter, a much smaller company by market cap, shed around $2 billion in value.\nThe contagion across the social media space can be explained by the fact that Snap was the first major internet company to report earnings this season. In the face of bad news, fearful investors were caught asking themselves: how bad will Facebook’s, Twitter’s and Alphabet’s number be, next week?\nWhat to do\nThere is a chance, some may argue a meaningful one, that the after-hours selloff in internet stocks will prove to be overdone. Therefore, bargain hunters might want to take advantage of widespread panic to buy the dip. In this case, I would probably be more comfortable betting on the established players with a more diversified user base and better infrastructure to handle the challenges posed by iOS.\nBut ultimately, this Thursday’s events help to reinforce one idea. Because of its condition as a gatekeeper of sorts, since it provides the hardware needed to access a plethora of tech services, Apple seems to be in the utmost position of power. This may explain why, as SNAP crumbled in after hours, Apple stock headed higher instead by about 0.3%.\nWithin the tech sector, and in part for the reasons above, I continue to find AAPL one of the best names to own at current levels.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6312690,"gmtCreate":1635121481634,"gmtModify":1635121481662,"authorId":3582928437657110,"author":{"id":3582928437657110,"idStr":"3582928437657110","authorId":3582928437657110,"name":"CTigger","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":858733300,"type":1,"supId":0,"prevId":0,"content":"ya","text":"ya","html":"ya"}],"langContent":"CN"},{"id":858730929,"gmtCreate":1635121318293,"gmtModify":1635121319597,"author":{"id":"3554873215379647","authorId":"3554873215379647","name":"Jenjorjack","avatar":"https://static.tigerbbs.com/d9d4687aa5519f0d2fb1b18f916be861","vip":1,"crmLevel":6,"crmLevelSwitch":0,"authorIdStr":"3554873215379647","idStr":"3554873215379647"},"htmlText":"Buying the dip?","listText":"Buying the dip?","text":"Buying the dip?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/858730929","repostId":1138536137,"repostType":4,"repost":{"id":"1138536137","kind":"news","pubTimestamp":1635120525,"share":"https://www.laohu8.com/m/news/1138536137?lang=&edition=full","pubTime":"2021-10-25 08:08","market":"us","language":"en","title":"Apple Crushes Social Media Stocks: What To Do Next","url":"https://stock-news.laohu8.com/highlight/detail?id=1138536137","media":"TheStreet","summary":"Snap stock crumbled on Friday, shedding tens of billions of dollars in market value – and Apple is t","content":"<p>Snap stock crumbled on&nbsp;Friday, shedding tens of billions of dollars in market value – and Apple is to blame for much of it. Here is why, and what investors could do next.</p>\n<p>After a day of closely following the markets, it is time to wait for the closing bell, sit back and enjoy the rest of a relaxing evening, right? Well, not so fast.</p>\n<p>On October 21, after the end of the trading session, social media company Snap&nbsp;rocked the markets. It delivered a Q3 revenue miss thatsentshares tumbling hard: -30% in after hour trading, at one point. The sudden loss of about $35 billion in market cap can be largely blamed on Apple&nbsp;and its iPhone privacy policy changes.</p>\n<p>Today, the Apple Maven explains how the Cupertino company caused shares of Snap and those of its social media peers to tank in the evening. Even the tech-rich Nasdaq index dipped 0.7% in after-hours trading, instantly erasing an estimated $120 billion in market value.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7ed8a6ea4a33d29dfca51bc0ce06a85b\" tg-width=\"1240\" tg-height=\"827\" width=\"100%\" height=\"auto\"><span>Figure 1: Apple's new iPhone 13 model.</span></p>\n<p><b>What happened</b></p>\n<p>Snap’s Q3 results were not disastrous, at first glance. The revenue miss of $30 million (or four percentage points’ worth of top-line growth) was noticeable, but arguably not enough to make nearly one-third of the market value of Snap’s equity vanish in a snap of the fingers (pun intended). On earnings per share, Snap even topped Wall Street’s expectations by 9 cents.</p>\n<p>The problem is that the revenue disappointment brought to light a sore subject in the internet and social media sectors. Earlier this year, Apple&nbsp;updated&nbsp;its iOS policies, giving device users the ability to opt out of activity tracking by third-party apps. The move was widely expected to hurt those whose business models rely on serving targeted ads – i.e. most social media and other internet companies.</p>\n<p>The fears were largely confirmed on Thursday, following Snap’s Q3 print. CEO Evan Spiegel&nbsp;explained:</p>\n<blockquote>\n “We missed the lower end of our guidance […] due to a few key factors, including changes to advertising tracking on iOS. […] While we anticipated some degree of business disruption, the new Apple-provided measurement solution did not scale as we had expected, making it more difficult for our advertising partners to measure and manage their ad campaigns for iOS.”\n</blockquote>\n<p>The after-hours bloodbath was not limited to Snap stock. Facebook, a near-trillion-dollar stock, also sank by as much as 8% instantly, before recovering about one-third of the losses within the hour. Alphabet, valued at almost $2 trillion, dipped nearly 3%. Twitter, a much smaller company by market cap, shed around $2 billion in value.</p>\n<p>The contagion across the social media space can be explained by the fact that Snap was the first major internet company to report earnings this season. In the face of bad news, fearful investors were caught asking themselves: how bad will Facebook’s, Twitter’s and Alphabet’s number be, next week?</p>\n<p><b>What to do</b></p>\n<p>There is a chance, some may argue a meaningful one, that the after-hours selloff in internet stocks will prove to be overdone. Therefore, bargain hunters might want to take advantage of widespread panic to buy the dip. In this case, I would probably be more comfortable betting on the established players with a more diversified user base and better infrastructure to handle the challenges posed by iOS.</p>\n<p>But ultimately, this Thursday’s events help to reinforce one idea. Because of its condition as a gatekeeper of sorts, since it provides the hardware needed to access a plethora of tech services, Apple seems to be in the utmost position of power. This may explain why, as SNAP crumbled in after hours, Apple stock&nbsp;headed higher instead by about 0.3%.</p>\n<p>Within the tech sector, and in part for the reasons above, I continue to find AAPL one of the best names to own at current levels.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Crushes Social Media Stocks: What To Do Next</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Crushes Social Media Stocks: What To Do Next\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-25 08:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/apple/news/apple-crushes-social-media-stocks-what-to-do-next><strong>TheStreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Snap stock crumbled on Friday, shedding tens of billions of dollars in market value – and Apple is to blame for much of it. Here is why, and what investors could do next.\nAfter a day of closely ...</p>\n\n<a href=\"https://www.thestreet.com/apple/news/apple-crushes-social-media-stocks-what-to-do-next\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","SNAP":"Snap Inc"},"source_url":"https://www.thestreet.com/apple/news/apple-crushes-social-media-stocks-what-to-do-next","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1138536137","content_text":"Snap stock crumbled on Friday, shedding tens of billions of dollars in market value – and Apple is to blame for much of it. Here is why, and what investors could do next.\nAfter a day of closely following the markets, it is time to wait for the closing bell, sit back and enjoy the rest of a relaxing evening, right? Well, not so fast.\nOn October 21, after the end of the trading session, social media company Snap rocked the markets. It delivered a Q3 revenue miss thatsentshares tumbling hard: -30% in after hour trading, at one point. The sudden loss of about $35 billion in market cap can be largely blamed on Apple and its iPhone privacy policy changes.\nToday, the Apple Maven explains how the Cupertino company caused shares of Snap and those of its social media peers to tank in the evening. Even the tech-rich Nasdaq index dipped 0.7% in after-hours trading, instantly erasing an estimated $120 billion in market value.\nFigure 1: Apple's new iPhone 13 model.\nWhat happened\nSnap’s Q3 results were not disastrous, at first glance. The revenue miss of $30 million (or four percentage points’ worth of top-line growth) was noticeable, but arguably not enough to make nearly one-third of the market value of Snap’s equity vanish in a snap of the fingers (pun intended). On earnings per share, Snap even topped Wall Street’s expectations by 9 cents.\nThe problem is that the revenue disappointment brought to light a sore subject in the internet and social media sectors. Earlier this year, Apple updated its iOS policies, giving device users the ability to opt out of activity tracking by third-party apps. The move was widely expected to hurt those whose business models rely on serving targeted ads – i.e. most social media and other internet companies.\nThe fears were largely confirmed on Thursday, following Snap’s Q3 print. CEO Evan Spiegel explained:\n\n “We missed the lower end of our guidance […] due to a few key factors, including changes to advertising tracking on iOS. […] While we anticipated some degree of business disruption, the new Apple-provided measurement solution did not scale as we had expected, making it more difficult for our advertising partners to measure and manage their ad campaigns for iOS.”\n\nThe after-hours bloodbath was not limited to Snap stock. Facebook, a near-trillion-dollar stock, also sank by as much as 8% instantly, before recovering about one-third of the losses within the hour. Alphabet, valued at almost $2 trillion, dipped nearly 3%. Twitter, a much smaller company by market cap, shed around $2 billion in value.\nThe contagion across the social media space can be explained by the fact that Snap was the first major internet company to report earnings this season. In the face of bad news, fearful investors were caught asking themselves: how bad will Facebook’s, Twitter’s and Alphabet’s number be, next week?\nWhat to do\nThere is a chance, some may argue a meaningful one, that the after-hours selloff in internet stocks will prove to be overdone. Therefore, bargain hunters might want to take advantage of widespread panic to buy the dip. In this case, I would probably be more comfortable betting on the established players with a more diversified user base and better infrastructure to handle the challenges posed by iOS.\nBut ultimately, this Thursday’s events help to reinforce one idea. Because of its condition as a gatekeeper of sorts, since it provides the hardware needed to access a plethora of tech services, Apple seems to be in the utmost position of power. This may explain why, as SNAP crumbled in after hours, Apple stock headed higher instead by about 0.3%.\nWithin the tech sector, and in part for the reasons above, I continue to find AAPL one of the best names to own at current levels.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6314315,"gmtCreate":1635128087925,"gmtModify":1635128088030,"authorId":3574924744683779,"author":{"id":3574924744683779,"idStr":"3574924744683779","authorId":3574924744683779,"name":"Charging","avatar":"https://static.tigerbbs.com/bb132b01616074824a4d1a4b8478727e","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":858730929,"type":1,"supId":0,"prevId":0,"content":"[微笑]","text":"[微笑]","html":"[微笑]"}],"langContent":"CN"},{"id":858793006,"gmtCreate":1635120798958,"gmtModify":1635120804534,"author":{"id":"3575859659136593","authorId":"3575859659136593","name":"MOON88","avatar":"https://static.tigerbbs.com/f09b0d1b368ce9762e9af5a440d99d98","vip":1,"crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"3575859659136593","idStr":"3575859659136593"},"htmlText":"Buy more&nbsp;","listText":"Buy more&nbsp;","text":"Buy more","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/858793006","repostId":1138536137,"repostType":4,"repost":{"id":"1138536137","kind":"news","pubTimestamp":1635120525,"share":"https://www.laohu8.com/m/news/1138536137?lang=&edition=full","pubTime":"2021-10-25 08:08","market":"us","language":"en","title":"Apple Crushes Social Media Stocks: What To Do Next","url":"https://stock-news.laohu8.com/highlight/detail?id=1138536137","media":"TheStreet","summary":"Snap stock crumbled on Friday, shedding tens of billions of dollars in market value – and Apple is t","content":"<p>Snap stock crumbled on&nbsp;Friday, shedding tens of billions of dollars in market value – and Apple is to blame for much of it. Here is why, and what investors could do next.</p>\n<p>After a day of closely following the markets, it is time to wait for the closing bell, sit back and enjoy the rest of a relaxing evening, right? Well, not so fast.</p>\n<p>On October 21, after the end of the trading session, social media company Snap&nbsp;rocked the markets. It delivered a Q3 revenue miss thatsentshares tumbling hard: -30% in after hour trading, at one point. The sudden loss of about $35 billion in market cap can be largely blamed on Apple&nbsp;and its iPhone privacy policy changes.</p>\n<p>Today, the Apple Maven explains how the Cupertino company caused shares of Snap and those of its social media peers to tank in the evening. Even the tech-rich Nasdaq index dipped 0.7% in after-hours trading, instantly erasing an estimated $120 billion in market value.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7ed8a6ea4a33d29dfca51bc0ce06a85b\" tg-width=\"1240\" tg-height=\"827\" width=\"100%\" height=\"auto\"><span>Figure 1: Apple's new iPhone 13 model.</span></p>\n<p><b>What happened</b></p>\n<p>Snap’s Q3 results were not disastrous, at first glance. The revenue miss of $30 million (or four percentage points’ worth of top-line growth) was noticeable, but arguably not enough to make nearly one-third of the market value of Snap’s equity vanish in a snap of the fingers (pun intended). On earnings per share, Snap even topped Wall Street’s expectations by 9 cents.</p>\n<p>The problem is that the revenue disappointment brought to light a sore subject in the internet and social media sectors. Earlier this year, Apple&nbsp;updated&nbsp;its iOS policies, giving device users the ability to opt out of activity tracking by third-party apps. The move was widely expected to hurt those whose business models rely on serving targeted ads – i.e. most social media and other internet companies.</p>\n<p>The fears were largely confirmed on Thursday, following Snap’s Q3 print. CEO Evan Spiegel&nbsp;explained:</p>\n<blockquote>\n “We missed the lower end of our guidance […] due to a few key factors, including changes to advertising tracking on iOS. […] While we anticipated some degree of business disruption, the new Apple-provided measurement solution did not scale as we had expected, making it more difficult for our advertising partners to measure and manage their ad campaigns for iOS.”\n</blockquote>\n<p>The after-hours bloodbath was not limited to Snap stock. Facebook, a near-trillion-dollar stock, also sank by as much as 8% instantly, before recovering about one-third of the losses within the hour. Alphabet, valued at almost $2 trillion, dipped nearly 3%. Twitter, a much smaller company by market cap, shed around $2 billion in value.</p>\n<p>The contagion across the social media space can be explained by the fact that Snap was the first major internet company to report earnings this season. In the face of bad news, fearful investors were caught asking themselves: how bad will Facebook’s, Twitter’s and Alphabet’s number be, next week?</p>\n<p><b>What to do</b></p>\n<p>There is a chance, some may argue a meaningful one, that the after-hours selloff in internet stocks will prove to be overdone. Therefore, bargain hunters might want to take advantage of widespread panic to buy the dip. In this case, I would probably be more comfortable betting on the established players with a more diversified user base and better infrastructure to handle the challenges posed by iOS.</p>\n<p>But ultimately, this Thursday’s events help to reinforce one idea. Because of its condition as a gatekeeper of sorts, since it provides the hardware needed to access a plethora of tech services, Apple seems to be in the utmost position of power. This may explain why, as SNAP crumbled in after hours, Apple stock&nbsp;headed higher instead by about 0.3%.</p>\n<p>Within the tech sector, and in part for the reasons above, I continue to find AAPL one of the best names to own at current levels.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Crushes Social Media Stocks: What To Do Next</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Crushes Social Media Stocks: What To Do Next\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-25 08:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/apple/news/apple-crushes-social-media-stocks-what-to-do-next><strong>TheStreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Snap stock crumbled on Friday, shedding tens of billions of dollars in market value – and Apple is to blame for much of it. Here is why, and what investors could do next.\nAfter a day of closely ...</p>\n\n<a href=\"https://www.thestreet.com/apple/news/apple-crushes-social-media-stocks-what-to-do-next\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","SNAP":"Snap Inc"},"source_url":"https://www.thestreet.com/apple/news/apple-crushes-social-media-stocks-what-to-do-next","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1138536137","content_text":"Snap stock crumbled on Friday, shedding tens of billions of dollars in market value – and Apple is to blame for much of it. Here is why, and what investors could do next.\nAfter a day of closely following the markets, it is time to wait for the closing bell, sit back and enjoy the rest of a relaxing evening, right? Well, not so fast.\nOn October 21, after the end of the trading session, social media company Snap rocked the markets. It delivered a Q3 revenue miss thatsentshares tumbling hard: -30% in after hour trading, at one point. The sudden loss of about $35 billion in market cap can be largely blamed on Apple and its iPhone privacy policy changes.\nToday, the Apple Maven explains how the Cupertino company caused shares of Snap and those of its social media peers to tank in the evening. Even the tech-rich Nasdaq index dipped 0.7% in after-hours trading, instantly erasing an estimated $120 billion in market value.\nFigure 1: Apple's new iPhone 13 model.\nWhat happened\nSnap’s Q3 results were not disastrous, at first glance. The revenue miss of $30 million (or four percentage points’ worth of top-line growth) was noticeable, but arguably not enough to make nearly one-third of the market value of Snap’s equity vanish in a snap of the fingers (pun intended). On earnings per share, Snap even topped Wall Street’s expectations by 9 cents.\nThe problem is that the revenue disappointment brought to light a sore subject in the internet and social media sectors. Earlier this year, Apple updated its iOS policies, giving device users the ability to opt out of activity tracking by third-party apps. The move was widely expected to hurt those whose business models rely on serving targeted ads – i.e. most social media and other internet companies.\nThe fears were largely confirmed on Thursday, following Snap’s Q3 print. CEO Evan Spiegel explained:\n\n “We missed the lower end of our guidance […] due to a few key factors, including changes to advertising tracking on iOS. […] While we anticipated some degree of business disruption, the new Apple-provided measurement solution did not scale as we had expected, making it more difficult for our advertising partners to measure and manage their ad campaigns for iOS.”\n\nThe after-hours bloodbath was not limited to Snap stock. Facebook, a near-trillion-dollar stock, also sank by as much as 8% instantly, before recovering about one-third of the losses within the hour. Alphabet, valued at almost $2 trillion, dipped nearly 3%. Twitter, a much smaller company by market cap, shed around $2 billion in value.\nThe contagion across the social media space can be explained by the fact that Snap was the first major internet company to report earnings this season. In the face of bad news, fearful investors were caught asking themselves: how bad will Facebook’s, Twitter’s and Alphabet’s number be, next week?\nWhat to do\nThere is a chance, some may argue a meaningful one, that the after-hours selloff in internet stocks will prove to be overdone. Therefore, bargain hunters might want to take advantage of widespread panic to buy the dip. In this case, I would probably be more comfortable betting on the established players with a more diversified user base and better infrastructure to handle the challenges posed by iOS.\nBut ultimately, this Thursday’s events help to reinforce one idea. Because of its condition as a gatekeeper of sorts, since it provides the hardware needed to access a plethora of tech services, Apple seems to be in the utmost position of power. This may explain why, as SNAP crumbled in after hours, Apple stock headed higher instead by about 0.3%.\nWithin the tech sector, and in part for the reasons above, I continue to find AAPL one of the best names to own at current levels.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6312564,"gmtCreate":1635121074716,"gmtModify":1635121074749,"authorId":3582172808813919,"author":{"id":3582172808813919,"idStr":"3582172808813919","authorId":3582172808813919,"name":"Koklingan","avatar":"https://static.tigerbbs.com/c1fde87a0c23724e652f8765ffa84f40","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":858793006,"type":1,"supId":0,"prevId":0,"content":"<u>ya</u>","text":"<u>ya</u>","html":"<u>ya</u>"}],"langContent":"CN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":88,"commentSize":7,"repostSize":0,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false}}