FAAMGs are great, but the real opportunities are with 'Empire Strikes Back' stocks_老虎社区_美港股上老虎

FAAMGs are great, but the real opportunities are with 'Empire Strikes Back' stocks

MarketWatch2021-07-28

In a surprise to pretty much no one, megacap tech giants Alphabet, Apple and Microsoft each comfortably beat earnings estimates for the June-ending quarter. Carl Kawaja, a fund manager at asset ...

网页链接

免责声明：本文观点仅代表作者个人观点，不构成本平台的投资建议，本平台不对文章信息准确性、完整性和及时性做出任何保证，亦不对因使用或信赖文章信息引发的任何损失承担责任。

Darkolaf
·2021-07-28
I leaving comment only
回复
点赞
举报
Mythology
·2021-07-28
Cool
回复
8
举报
收起
- JosephLow:
  Nice
  2021-07-28
  回复
  举报
7a3b0355
·2021-07-28
Like ane comment
回复
1
举报
收起
- AventadorKK:
  pls like and comment too
  2021-07-28
  回复
  举报
YengLeng
·2021-07-28
Ok
回复
1
举报
收起
- YengLeng:
  Ok
  2021-07-28
  回复
  举报

热议股票

7x24

全部

关于我们·老虎社区守则·老虎社区账号管理规范·老虎社区服务协议·老虎社区隐私政策

公司名称：北京至简风宜信息技术有限公司

违法和不良信息投诉：010-5681-3562（工作时间9:30-18:30）

邮箱：service@laohu8.com

营业执照：91110105MA01A4U55R

ICP备：京ICP备18016422号

网安备：京公网安备11010502036490

关注我们

{"i18n":{"language":"zh_CN"},"data":{"share":"https://www.laohu8.com/m/news/2154248923?lang=zh_CN&edition=full","thumbnail":"","is_english":true,"pubTime":"2021-07-28 19:45","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2154248923","market":"us","top_or_hot":-1,"title":"FAAMGs are great, but the real opportunities are with 'Empire Strikes Back' stocks","media":"MarketWatch","content":"<div>\n<p>In a surprise to pretty much no one, megacap tech giants Alphabet, Apple and Microsoft each comfortably beat earnings estimates for the June-ending quarter.\nCarl Kawaja, a fund manager at asset ...</p>\n\n<a href=\"https://www.marketwatch.com/story/faamgs-are-great-but-the-real-opportunities-are-with-empire-strikes-back-stocks-says-capital-group-fund-manager-11627468607?mod=home-page\">网页链接</a>\n\n</div>\n","source":"lsy1603348471595","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>FAAMGs are great, but the real opportunities are with 'Empire Strikes Back' stocks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFAAMGs are great, but the real opportunities are with 'Empire Strikes Back' stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-28 19:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/faamgs-are-great-but-the-real-opportunities-are-with-empire-strikes-back-stocks-says-capital-group-fund-manager-11627468607?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In a surprise to pretty much no one, megacap tech giants Alphabet, Apple and Microsoft each comfortably beat earnings estimates for the June-ending quarter.\nCarl Kawaja, a fund manager at asset ...</p>\n\n<a href=\"https://www.marketwatch.com/story/faamgs-are-great-but-the-real-opportunities-are-with-empire-strikes-back-stocks-says-capital-group-fund-manager-11627468607?mod=home-page\">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.marketwatch.com/story/faamgs-are-great-but-the-real-opportunities-are-with-empire-strikes-back-stocks-says-capital-group-fund-manager-11627468607?mod=home-page","article_id":"2154248923","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2154248923","pubTimestamp":1627472753,"columns":[],"sourceInfo":{"source_id":"lsy1603348471595","name":"MarketWatch"},"weMediaInfo":null,"summary":"In a surprise to pretty much no one, megacap tech giants Alphabet, Apple and Microsoft each comforta","collect":0,"end_time":0,"defaultTopTitle":"marketwatch.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"AAPL":"苹果","GOOG":"谷歌","MSFT":"微软","CBDY":"Target Group Inc.","GOOGL":"谷歌A","GM":"通用汽车"},"translate_title":"FAAMGs很棒，但真正的机会是“帝国反击战”股票","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AAPL":0.9,"CBDY":0.9,"GM":0.9,"GOOG":0.9,"GOOGL":0.9,"MSFT":0.9},"content_text":"In a surprise to pretty much no one, megacap tech giants Alphabet, Apple and Microsoft each comfortably beat earnings estimates for the June-ending quarter.\nCarl Kawaja, a fund manager at asset management giant Capital Group and the chairman of Capital Research and Management, doesn't have issues with any of these tech giants. But he wonders just how well all of them, as a group, can continue their terrific performance.\nApple, Microsoft, Amazon, Facebook and Alphabet collectively represent just under a quarter of S&P 500 earnings and market cap. If the so-called FAAMG group keeps growing at 15% to 20% per year over the next decade, assuming the S&P 500 as a whole doesn't grow that much, it would collectively account for three-quarters of the index.\n\"And that seems unlikely to me. And so to me, that is kind of an interesting market question right now. If you were a betting man, would you take the other 495?\" he said in a podcast interview with Patrick O'Shaughnessy , chief executive officer of chief executive officer at O'Shaughnessy Asset Management.\nKawaja likes what he calls \"Empire Strikes Back\" companies, or fallen giants that have reinvented themselves. One example he cited was General Motors, which under CEO Mary Barra is pushing electric and autonomous vehicles. \"What is more Empire Strikes Back or reinventing yourself then taking the Hummer, the most kind of loathed planet killer vehicle imaginable, and making an electric version of it?\" he asked.\nAnother is Target, which briefly partnered with Amazon $(AMZN)$, but now has invested to become a retailer with fulfilment either in store or online. \"We actually are seeing Target reinvent itself and adjust to it,\" said Kawaja. Another retailer he likes with a similar proposition is Zara owner Inditex . Walt Disney $(DIS)$, which Kawaja said he hasn't owned, is another example of a company reinventing itself.\nTwo of the companies he's held onto the longest are Taiwan Semiconductor Manufacturing (2330.TW), the world's largest contract microchip maker, and Brazilian miner Vale (VALE3.BR).\nHe said the insight he had with TSMC was not just about the incredibly complex making of microchips, but its ability to serve multiple customers. Brazilian iron ore product Vale is in a very different business, but like Taiwan Semiconductor has compounded at roughly 18% a year over the last two decades. The iron ore that Vale makes is of such high quality that it's a good one to blend with domestically produced, cheaper, lower quality iron ore, and he says Vale's competitive advantage is stronger than tech giants.\n\"I know that's heresy to say that, and Facebook has an incredible moat and I love Facebook and love the stock and management and all of that, but steel has been around since the iron age, and it works really well,\" he said.\nAlphabet and Apple diverge\nOf the tech giants, Alphabet $(GOOGL)$ results got the biggest lift in after-hours trade as the company reported a 69% surge in Google advertising. The strong advertising performance may suggest a strong quarter for social-media giant Facebook (FB), which reports after the close.\nApple shares saw a bit of pressure as Chief Financial Officer Luca Maestri said in a conference call that the company's revenue growth would slow from the 36% it achieved in the June-ending quarter due to foreign exchange rates, the semiconductor shortage and tougher comparisons with the previous year.\nMicrosoft forecast revenue of $43.3 billion to $44.2 billion in the fiscal first quarter, which topped analysts' average expectations for sales of $42.5 billion, led by its \"Intelligent Cloud\" division.\nStarbucks topped earnings estimates and raised its September-ending earnings outlook but the coffee retailer also flagged rising wages and increased supply-chain costs.\nRising costs will be a theme that Federal Reserve Chair Jerome Powell will address at his press conference when the central bank releases its latest monetary-policy decision. Most analysts expect little fireworks from the July decision as the central bank also assesses whether the delta strain of coronavirus cools off what's been a rapid recovery.\nDuolingo, the maker of language-learning and educational apps, priced its initial public offering at $102 a share late Tuesday, above its expected range.\nSimone Biles has withdrawn from a second competition as the gymnastics champion considers whether to compete in other Olympics events next week.\nThe markets\nU.S. stock futures were steady, after the S&P 500 declined Tuesday to break a five-session winning run. The Hang Seng closed 1.5% higher, following consecutive 4%-plus losses for the index.\nThe yield on the 10-year Treasury was 1.25%, and gold was trading right around $1,800 an ounce.","kind":"highlight","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":801306673,"gmtCreate":1627481606992,"gmtModify":1633764586699,"author":{"id":"4088035226924840","authorId":"4088035226924840","name":"Darkolaf","avatar":"https://static.tigerbbs.com/960a3a77eb1db2f1ce60c46772860135","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"4088035226924840","idStr":"4088035226924840"},"htmlText":"I leaving comment only","listText":"I leaving comment only","text":"I leaving comment only","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/801306673","repostId":2154248923,"repostType":4,"repost":{"id":"2154248923","kind":"highlight","pubTimestamp":1627472753,"share":"https://www.laohu8.com/m/news/2154248923?lang=&edition=full","pubTime":"2021-07-28 19:45","market":"us","language":"en","title":"FAAMGs are great, but the real opportunities are with 'Empire Strikes Back' stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=2154248923","media":"MarketWatch","summary":"In a surprise to pretty much no one, megacap tech giants Alphabet, Apple and Microsoft each comforta","content":"<p>In a surprise to pretty much no <a href=\"https://laohu8.com/S/AONE.U\">one</a>, megacap tech giants Alphabet, Apple and Microsoft each comfortably beat earnings estimates for the June-ending quarter.</p>\n<p>Carl Kawaja, a fund manager at asset management giant Capital Group and the chairman of Capital Research and Management, doesn't have issues with any of these tech giants. But he wonders just how well all of them, as a group, can continue their terrific performance.</p>\n<p>Apple, Microsoft, Amazon, <a href=\"https://laohu8.com/S/FB\">Facebook</a> and Alphabet collectively represent just under a quarter of S&amp;P 500 earnings and market cap. If the so-called FAAMG group keeps growing at 15% to 20% per year over the next decade, assuming the S&amp;P 500 as a whole doesn't grow that much, it would collectively account for three-quarters of the index.</p>\n<p>\"And that seems unlikely to me. And so to me, that is kind of an interesting market question right now. If you were a betting man, would you take the other 495?\" he said in a podcast interview with Patrick O'Shaughnessy , chief executive officer of chief executive officer at O'Shaughnessy Asset Management.</p>\n<p>Kawaja likes what he calls \"Empire Strikes Back\" companies, or fallen giants that have reinvented themselves. One example he cited was General Motors, which under CEO Mary Barra is pushing electric and autonomous vehicles. \"What is more Empire Strikes Back or reinventing yourself then taking the Hummer, the most kind of loathed planet killer vehicle imaginable, and making an electric version of it?\" he asked.</p>\n<p>Another is Target, which briefly partnered with Amazon <a href=\"https://laohu8.com/S/AMZN\">$(AMZN)$</a>, but now has invested to become a retailer with fulfilment either in store or online. \"We actually are seeing Target reinvent itself and adjust to it,\" said Kawaja. Another retailer he likes with a similar proposition is Zara owner Inditex . Walt Disney <a href=\"https://laohu8.com/S/DIS\">$(DIS)$</a>, which Kawaja said he hasn't owned, is another example of a company reinventing itself.</p>\n<p>Two of the companies he's held onto the longest are Taiwan Semiconductor Manufacturing (2330.TW), the world's largest contract microchip maker, and Brazilian miner Vale (VALE3.BR).</p>\n<p>He said the insight he had with TSMC was not just about the incredibly complex making of microchips, but its ability to serve multiple customers. Brazilian iron ore product Vale is in a very different business, but like Taiwan Semiconductor has compounded at roughly 18% a year over the last two decades. The iron ore that Vale makes is of such high quality that it's a good one to blend with domestically produced, cheaper, lower quality iron ore, and he says Vale's competitive advantage is stronger than tech giants.</p>\n<p>\"I know that's heresy to say that, and Facebook has an incredible moat and I love Facebook and love the stock and management and all of that, but steel has been around since the iron age, and it works really well,\" he said.</p>\n<p><b>Alphabet and Apple diverge</b></p>\n<p>Of the tech giants, Alphabet <a href=\"https://laohu8.com/S/GOOGL\">$(GOOGL)$</a> results got the biggest lift in after-hours trade as the company reported a 69% surge in Google advertising. The strong advertising performance may suggest a strong quarter for social-media giant Facebook (FB), which reports after the close.</p>\n<p>Apple shares saw a bit of pressure as Chief Financial Officer Luca Maestri said in a conference call that the company's revenue growth would slow from the 36% it achieved in the June-ending quarter due to foreign exchange rates, the semiconductor shortage and tougher comparisons with the previous year.</p>\n<p>Microsoft forecast revenue of $43.3 billion to $44.2 billion in the fiscal first quarter, which topped analysts' average expectations for sales of $42.5 billion, led by its \"Intelligent Cloud\" division.</p>\n<p>Starbucks topped earnings estimates and raised its September-ending earnings outlook but the coffee retailer also flagged rising wages and increased supply-chain costs.</p>\n<p>Rising costs will be a theme that Federal Reserve Chair Jerome Powell will address at his press conference when the central bank releases its latest monetary-policy decision. Most analysts expect little fireworks from the July decision as the central bank also assesses whether the delta strain of coronavirus cools off what's been a rapid recovery.</p>\n<p>Duolingo, the maker of language-learning and educational apps, priced its initial public offering at $102 a share late Tuesday, above its expected range.</p>\n<p>Simone Biles has withdrawn from a second competition as the gymnastics champion considers whether to compete in other Olympics events next week.</p>\n<p><b>The markets</b></p>\n<p>U.S. stock futures were steady, after the S&amp;P 500 declined Tuesday to break a five-session winning run. The Hang Seng closed 1.5% higher, following consecutive 4%-plus losses for the index.</p>\n<p>The yield on the 10-year Treasury was 1.25%, and gold was trading right around $1,800 an ounce.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>FAAMGs are great, but the real opportunities are with 'Empire Strikes Back' stocks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFAAMGs are great, but the real opportunities are with 'Empire Strikes Back' stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-28 19:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/faamgs-are-great-but-the-real-opportunities-are-with-empire-strikes-back-stocks-says-capital-group-fund-manager-11627468607?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In a surprise to pretty much no one, megacap tech giants Alphabet, Apple and Microsoft each comfortably beat earnings estimates for the June-ending quarter.\nCarl Kawaja, a fund manager at asset ...</p>\n\n<a href=\"https://www.marketwatch.com/story/faamgs-are-great-but-the-real-opportunities-are-with-empire-strikes-back-stocks-says-capital-group-fund-manager-11627468607?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CBDY":"Target Group Inc.","GOOGL":"谷歌A","GM":"通用汽车","GOOG":"谷歌","AAPL":"苹果","MSFT":"微软"},"source_url":"https://www.marketwatch.com/story/faamgs-are-great-but-the-real-opportunities-are-with-empire-strikes-back-stocks-says-capital-group-fund-manager-11627468607?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2154248923","content_text":"In a surprise to pretty much no one, megacap tech giants Alphabet, Apple and Microsoft each comfortably beat earnings estimates for the June-ending quarter.\nCarl Kawaja, a fund manager at asset management giant Capital Group and the chairman of Capital Research and Management, doesn't have issues with any of these tech giants. But he wonders just how well all of them, as a group, can continue their terrific performance.\nApple, Microsoft, Amazon, Facebook and Alphabet collectively represent just under a quarter of S&P 500 earnings and market cap. If the so-called FAAMG group keeps growing at 15% to 20% per year over the next decade, assuming the S&P 500 as a whole doesn't grow that much, it would collectively account for three-quarters of the index.\n\"And that seems unlikely to me. And so to me, that is kind of an interesting market question right now. If you were a betting man, would you take the other 495?\" he said in a podcast interview with Patrick O'Shaughnessy , chief executive officer of chief executive officer at O'Shaughnessy Asset Management.\nKawaja likes what he calls \"Empire Strikes Back\" companies, or fallen giants that have reinvented themselves. One example he cited was General Motors, which under CEO Mary Barra is pushing electric and autonomous vehicles. \"What is more Empire Strikes Back or reinventing yourself then taking the Hummer, the most kind of loathed planet killer vehicle imaginable, and making an electric version of it?\" he asked.\nAnother is Target, which briefly partnered with Amazon $(AMZN)$, but now has invested to become a retailer with fulfilment either in store or online. \"We actually are seeing Target reinvent itself and adjust to it,\" said Kawaja. Another retailer he likes with a similar proposition is Zara owner Inditex . Walt Disney $(DIS)$, which Kawaja said he hasn't owned, is another example of a company reinventing itself.\nTwo of the companies he's held onto the longest are Taiwan Semiconductor Manufacturing (2330.TW), the world's largest contract microchip maker, and Brazilian miner Vale (VALE3.BR).\nHe said the insight he had with TSMC was not just about the incredibly complex making of microchips, but its ability to serve multiple customers. Brazilian iron ore product Vale is in a very different business, but like Taiwan Semiconductor has compounded at roughly 18% a year over the last two decades. The iron ore that Vale makes is of such high quality that it's a good one to blend with domestically produced, cheaper, lower quality iron ore, and he says Vale's competitive advantage is stronger than tech giants.\n\"I know that's heresy to say that, and Facebook has an incredible moat and I love Facebook and love the stock and management and all of that, but steel has been around since the iron age, and it works really well,\" he said.\nAlphabet and Apple diverge\nOf the tech giants, Alphabet $(GOOGL)$ results got the biggest lift in after-hours trade as the company reported a 69% surge in Google advertising. The strong advertising performance may suggest a strong quarter for social-media giant Facebook (FB), which reports after the close.\nApple shares saw a bit of pressure as Chief Financial Officer Luca Maestri said in a conference call that the company's revenue growth would slow from the 36% it achieved in the June-ending quarter due to foreign exchange rates, the semiconductor shortage and tougher comparisons with the previous year.\nMicrosoft forecast revenue of $43.3 billion to $44.2 billion in the fiscal first quarter, which topped analysts' average expectations for sales of $42.5 billion, led by its \"Intelligent Cloud\" division.\nStarbucks topped earnings estimates and raised its September-ending earnings outlook but the coffee retailer also flagged rising wages and increased supply-chain costs.\nRising costs will be a theme that Federal Reserve Chair Jerome Powell will address at his press conference when the central bank releases its latest monetary-policy decision. Most analysts expect little fireworks from the July decision as the central bank also assesses whether the delta strain of coronavirus cools off what's been a rapid recovery.\nDuolingo, the maker of language-learning and educational apps, priced its initial public offering at $102 a share late Tuesday, above its expected range.\nSimone Biles has withdrawn from a second competition as the gymnastics champion considers whether to compete in other Olympics events next week.\nThe markets\nU.S. stock futures were steady, after the S&P 500 declined Tuesday to break a five-session winning run. The Hang Seng closed 1.5% higher, following consecutive 4%-plus losses for the index.\nThe yield on the 10-year Treasury was 1.25%, and gold was trading right around $1,800 an ounce.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":801052704,"gmtCreate":1627475808808,"gmtModify":1633764668858,"author":{"id":"3581631227222192","authorId":"3581631227222192","name":"Mythology","avatar":"https://static.tigerbbs.com/190cafdd30075e07fb377edd392ed682","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3581631227222192","idStr":"3581631227222192"},"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/801052704","repostId":2154248923,"repostType":4,"repost":{"id":"2154248923","kind":"highlight","pubTimestamp":1627472753,"share":"https://www.laohu8.com/m/news/2154248923?lang=&edition=full","pubTime":"2021-07-28 19:45","market":"us","language":"en","title":"FAAMGs are great, but the real opportunities are with 'Empire Strikes Back' stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=2154248923","media":"MarketWatch","summary":"In a surprise to pretty much no one, megacap tech giants Alphabet, Apple and Microsoft each comforta","content":"<p>In a surprise to pretty much no <a href=\"https://laohu8.com/S/AONE.U\">one</a>, megacap tech giants Alphabet, Apple and Microsoft each comfortably beat earnings estimates for the June-ending quarter.</p>\n<p>Carl Kawaja, a fund manager at asset management giant Capital Group and the chairman of Capital Research and Management, doesn't have issues with any of these tech giants. But he wonders just how well all of them, as a group, can continue their terrific performance.</p>\n<p>Apple, Microsoft, Amazon, <a href=\"https://laohu8.com/S/FB\">Facebook</a> and Alphabet collectively represent just under a quarter of S&amp;P 500 earnings and market cap. If the so-called FAAMG group keeps growing at 15% to 20% per year over the next decade, assuming the S&amp;P 500 as a whole doesn't grow that much, it would collectively account for three-quarters of the index.</p>\n<p>\"And that seems unlikely to me. And so to me, that is kind of an interesting market question right now. If you were a betting man, would you take the other 495?\" he said in a podcast interview with Patrick O'Shaughnessy , chief executive officer of chief executive officer at O'Shaughnessy Asset Management.</p>\n<p>Kawaja likes what he calls \"Empire Strikes Back\" companies, or fallen giants that have reinvented themselves. One example he cited was General Motors, which under CEO Mary Barra is pushing electric and autonomous vehicles. \"What is more Empire Strikes Back or reinventing yourself then taking the Hummer, the most kind of loathed planet killer vehicle imaginable, and making an electric version of it?\" he asked.</p>\n<p>Another is Target, which briefly partnered with Amazon <a href=\"https://laohu8.com/S/AMZN\">$(AMZN)$</a>, but now has invested to become a retailer with fulfilment either in store or online. \"We actually are seeing Target reinvent itself and adjust to it,\" said Kawaja. Another retailer he likes with a similar proposition is Zara owner Inditex . Walt Disney <a href=\"https://laohu8.com/S/DIS\">$(DIS)$</a>, which Kawaja said he hasn't owned, is another example of a company reinventing itself.</p>\n<p>Two of the companies he's held onto the longest are Taiwan Semiconductor Manufacturing (2330.TW), the world's largest contract microchip maker, and Brazilian miner Vale (VALE3.BR).</p>\n<p>He said the insight he had with TSMC was not just about the incredibly complex making of microchips, but its ability to serve multiple customers. Brazilian iron ore product Vale is in a very different business, but like Taiwan Semiconductor has compounded at roughly 18% a year over the last two decades. The iron ore that Vale makes is of such high quality that it's a good one to blend with domestically produced, cheaper, lower quality iron ore, and he says Vale's competitive advantage is stronger than tech giants.</p>\n<p>\"I know that's heresy to say that, and Facebook has an incredible moat and I love Facebook and love the stock and management and all of that, but steel has been around since the iron age, and it works really well,\" he said.</p>\n<p><b>Alphabet and Apple diverge</b></p>\n<p>Of the tech giants, Alphabet <a href=\"https://laohu8.com/S/GOOGL\">$(GOOGL)$</a> results got the biggest lift in after-hours trade as the company reported a 69% surge in Google advertising. The strong advertising performance may suggest a strong quarter for social-media giant Facebook (FB), which reports after the close.</p>\n<p>Apple shares saw a bit of pressure as Chief Financial Officer Luca Maestri said in a conference call that the company's revenue growth would slow from the 36% it achieved in the June-ending quarter due to foreign exchange rates, the semiconductor shortage and tougher comparisons with the previous year.</p>\n<p>Microsoft forecast revenue of $43.3 billion to $44.2 billion in the fiscal first quarter, which topped analysts' average expectations for sales of $42.5 billion, led by its \"Intelligent Cloud\" division.</p>\n<p>Starbucks topped earnings estimates and raised its September-ending earnings outlook but the coffee retailer also flagged rising wages and increased supply-chain costs.</p>\n<p>Rising costs will be a theme that Federal Reserve Chair Jerome Powell will address at his press conference when the central bank releases its latest monetary-policy decision. Most analysts expect little fireworks from the July decision as the central bank also assesses whether the delta strain of coronavirus cools off what's been a rapid recovery.</p>\n<p>Duolingo, the maker of language-learning and educational apps, priced its initial public offering at $102 a share late Tuesday, above its expected range.</p>\n<p>Simone Biles has withdrawn from a second competition as the gymnastics champion considers whether to compete in other Olympics events next week.</p>\n<p><b>The markets</b></p>\n<p>U.S. stock futures were steady, after the S&amp;P 500 declined Tuesday to break a five-session winning run. The Hang Seng closed 1.5% higher, following consecutive 4%-plus losses for the index.</p>\n<p>The yield on the 10-year Treasury was 1.25%, and gold was trading right around $1,800 an ounce.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>FAAMGs are great, but the real opportunities are with 'Empire Strikes Back' stocks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFAAMGs are great, but the real opportunities are with 'Empire Strikes Back' stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-28 19:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/faamgs-are-great-but-the-real-opportunities-are-with-empire-strikes-back-stocks-says-capital-group-fund-manager-11627468607?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In a surprise to pretty much no one, megacap tech giants Alphabet, Apple and Microsoft each comfortably beat earnings estimates for the June-ending quarter.\nCarl Kawaja, a fund manager at asset ...</p>\n\n<a href=\"https://www.marketwatch.com/story/faamgs-are-great-but-the-real-opportunities-are-with-empire-strikes-back-stocks-says-capital-group-fund-manager-11627468607?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CBDY":"Target Group Inc.","GOOGL":"谷歌A","GM":"通用汽车","GOOG":"谷歌","AAPL":"苹果","MSFT":"微软"},"source_url":"https://www.marketwatch.com/story/faamgs-are-great-but-the-real-opportunities-are-with-empire-strikes-back-stocks-says-capital-group-fund-manager-11627468607?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2154248923","content_text":"In a surprise to pretty much no one, megacap tech giants Alphabet, Apple and Microsoft each comfortably beat earnings estimates for the June-ending quarter.\nCarl Kawaja, a fund manager at asset management giant Capital Group and the chairman of Capital Research and Management, doesn't have issues with any of these tech giants. But he wonders just how well all of them, as a group, can continue their terrific performance.\nApple, Microsoft, Amazon, Facebook and Alphabet collectively represent just under a quarter of S&P 500 earnings and market cap. If the so-called FAAMG group keeps growing at 15% to 20% per year over the next decade, assuming the S&P 500 as a whole doesn't grow that much, it would collectively account for three-quarters of the index.\n\"And that seems unlikely to me. And so to me, that is kind of an interesting market question right now. If you were a betting man, would you take the other 495?\" he said in a podcast interview with Patrick O'Shaughnessy , chief executive officer of chief executive officer at O'Shaughnessy Asset Management.\nKawaja likes what he calls \"Empire Strikes Back\" companies, or fallen giants that have reinvented themselves. One example he cited was General Motors, which under CEO Mary Barra is pushing electric and autonomous vehicles. \"What is more Empire Strikes Back or reinventing yourself then taking the Hummer, the most kind of loathed planet killer vehicle imaginable, and making an electric version of it?\" he asked.\nAnother is Target, which briefly partnered with Amazon $(AMZN)$, but now has invested to become a retailer with fulfilment either in store or online. \"We actually are seeing Target reinvent itself and adjust to it,\" said Kawaja. Another retailer he likes with a similar proposition is Zara owner Inditex . Walt Disney $(DIS)$, which Kawaja said he hasn't owned, is another example of a company reinventing itself.\nTwo of the companies he's held onto the longest are Taiwan Semiconductor Manufacturing (2330.TW), the world's largest contract microchip maker, and Brazilian miner Vale (VALE3.BR).\nHe said the insight he had with TSMC was not just about the incredibly complex making of microchips, but its ability to serve multiple customers. Brazilian iron ore product Vale is in a very different business, but like Taiwan Semiconductor has compounded at roughly 18% a year over the last two decades. The iron ore that Vale makes is of such high quality that it's a good one to blend with domestically produced, cheaper, lower quality iron ore, and he says Vale's competitive advantage is stronger than tech giants.\n\"I know that's heresy to say that, and Facebook has an incredible moat and I love Facebook and love the stock and management and all of that, but steel has been around since the iron age, and it works really well,\" he said.\nAlphabet and Apple diverge\nOf the tech giants, Alphabet $(GOOGL)$ results got the biggest lift in after-hours trade as the company reported a 69% surge in Google advertising. The strong advertising performance may suggest a strong quarter for social-media giant Facebook (FB), which reports after the close.\nApple shares saw a bit of pressure as Chief Financial Officer Luca Maestri said in a conference call that the company's revenue growth would slow from the 36% it achieved in the June-ending quarter due to foreign exchange rates, the semiconductor shortage and tougher comparisons with the previous year.\nMicrosoft forecast revenue of $43.3 billion to $44.2 billion in the fiscal first quarter, which topped analysts' average expectations for sales of $42.5 billion, led by its \"Intelligent Cloud\" division.\nStarbucks topped earnings estimates and raised its September-ending earnings outlook but the coffee retailer also flagged rising wages and increased supply-chain costs.\nRising costs will be a theme that Federal Reserve Chair Jerome Powell will address at his press conference when the central bank releases its latest monetary-policy decision. Most analysts expect little fireworks from the July decision as the central bank also assesses whether the delta strain of coronavirus cools off what's been a rapid recovery.\nDuolingo, the maker of language-learning and educational apps, priced its initial public offering at $102 a share late Tuesday, above its expected range.\nSimone Biles has withdrawn from a second competition as the gymnastics champion considers whether to compete in other Olympics events next week.\nThe markets\nU.S. stock futures were steady, after the S&P 500 declined Tuesday to break a five-session winning run. The Hang Seng closed 1.5% higher, following consecutive 4%-plus losses for the index.\nThe yield on the 10-year Treasury was 1.25%, and gold was trading right around $1,800 an ounce.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5359513,"gmtCreate":1627482186056,"gmtModify":1635219454759,"authorId":3578463065547953,"author":{"id":3578463065547953,"idStr":"3578463065547953","authorId":3578463065547953,"name":"JosephLow","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":801052704,"type":1,"supId":0,"prevId":0,"content":"Nice","text":"Nice","html":"Nice"}],"langContent":"EN"},{"id":801026527,"gmtCreate":1627475159269,"gmtModify":1631891571797,"author":{"id":"3583411958858523","authorId":"3583411958858523","name":"7a3b0355","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3583411958858523","idStr":"3583411958858523"},"htmlText":"Like ane comment","listText":"Like ane comment","text":"Like ane comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/801026527","repostId":2154248923,"repostType":4,"repost":{"id":"2154248923","kind":"highlight","pubTimestamp":1627472753,"share":"https://www.laohu8.com/m/news/2154248923?lang=&edition=full","pubTime":"2021-07-28 19:45","market":"us","language":"en","title":"FAAMGs are great, but the real opportunities are with 'Empire Strikes Back' stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=2154248923","media":"MarketWatch","summary":"In a surprise to pretty much no one, megacap tech giants Alphabet, Apple and Microsoft each comforta","content":"<p>In a surprise to pretty much no <a href=\"https://laohu8.com/S/AONE.U\">one</a>, megacap tech giants Alphabet, Apple and Microsoft each comfortably beat earnings estimates for the June-ending quarter.</p>\n<p>Carl Kawaja, a fund manager at asset management giant Capital Group and the chairman of Capital Research and Management, doesn't have issues with any of these tech giants. But he wonders just how well all of them, as a group, can continue their terrific performance.</p>\n<p>Apple, Microsoft, Amazon, <a href=\"https://laohu8.com/S/FB\">Facebook</a> and Alphabet collectively represent just under a quarter of S&amp;P 500 earnings and market cap. If the so-called FAAMG group keeps growing at 15% to 20% per year over the next decade, assuming the S&amp;P 500 as a whole doesn't grow that much, it would collectively account for three-quarters of the index.</p>\n<p>\"And that seems unlikely to me. And so to me, that is kind of an interesting market question right now. If you were a betting man, would you take the other 495?\" he said in a podcast interview with Patrick O'Shaughnessy , chief executive officer of chief executive officer at O'Shaughnessy Asset Management.</p>\n<p>Kawaja likes what he calls \"Empire Strikes Back\" companies, or fallen giants that have reinvented themselves. One example he cited was General Motors, which under CEO Mary Barra is pushing electric and autonomous vehicles. \"What is more Empire Strikes Back or reinventing yourself then taking the Hummer, the most kind of loathed planet killer vehicle imaginable, and making an electric version of it?\" he asked.</p>\n<p>Another is Target, which briefly partnered with Amazon <a href=\"https://laohu8.com/S/AMZN\">$(AMZN)$</a>, but now has invested to become a retailer with fulfilment either in store or online. \"We actually are seeing Target reinvent itself and adjust to it,\" said Kawaja. Another retailer he likes with a similar proposition is Zara owner Inditex . Walt Disney <a href=\"https://laohu8.com/S/DIS\">$(DIS)$</a>, which Kawaja said he hasn't owned, is another example of a company reinventing itself.</p>\n<p>Two of the companies he's held onto the longest are Taiwan Semiconductor Manufacturing (2330.TW), the world's largest contract microchip maker, and Brazilian miner Vale (VALE3.BR).</p>\n<p>He said the insight he had with TSMC was not just about the incredibly complex making of microchips, but its ability to serve multiple customers. Brazilian iron ore product Vale is in a very different business, but like Taiwan Semiconductor has compounded at roughly 18% a year over the last two decades. The iron ore that Vale makes is of such high quality that it's a good one to blend with domestically produced, cheaper, lower quality iron ore, and he says Vale's competitive advantage is stronger than tech giants.</p>\n<p>\"I know that's heresy to say that, and Facebook has an incredible moat and I love Facebook and love the stock and management and all of that, but steel has been around since the iron age, and it works really well,\" he said.</p>\n<p><b>Alphabet and Apple diverge</b></p>\n<p>Of the tech giants, Alphabet <a href=\"https://laohu8.com/S/GOOGL\">$(GOOGL)$</a> results got the biggest lift in after-hours trade as the company reported a 69% surge in Google advertising. The strong advertising performance may suggest a strong quarter for social-media giant Facebook (FB), which reports after the close.</p>\n<p>Apple shares saw a bit of pressure as Chief Financial Officer Luca Maestri said in a conference call that the company's revenue growth would slow from the 36% it achieved in the June-ending quarter due to foreign exchange rates, the semiconductor shortage and tougher comparisons with the previous year.</p>\n<p>Microsoft forecast revenue of $43.3 billion to $44.2 billion in the fiscal first quarter, which topped analysts' average expectations for sales of $42.5 billion, led by its \"Intelligent Cloud\" division.</p>\n<p>Starbucks topped earnings estimates and raised its September-ending earnings outlook but the coffee retailer also flagged rising wages and increased supply-chain costs.</p>\n<p>Rising costs will be a theme that Federal Reserve Chair Jerome Powell will address at his press conference when the central bank releases its latest monetary-policy decision. Most analysts expect little fireworks from the July decision as the central bank also assesses whether the delta strain of coronavirus cools off what's been a rapid recovery.</p>\n<p>Duolingo, the maker of language-learning and educational apps, priced its initial public offering at $102 a share late Tuesday, above its expected range.</p>\n<p>Simone Biles has withdrawn from a second competition as the gymnastics champion considers whether to compete in other Olympics events next week.</p>\n<p><b>The markets</b></p>\n<p>U.S. stock futures were steady, after the S&amp;P 500 declined Tuesday to break a five-session winning run. The Hang Seng closed 1.5% higher, following consecutive 4%-plus losses for the index.</p>\n<p>The yield on the 10-year Treasury was 1.25%, and gold was trading right around $1,800 an ounce.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>FAAMGs are great, but the real opportunities are with 'Empire Strikes Back' stocks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFAAMGs are great, but the real opportunities are with 'Empire Strikes Back' stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-28 19:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/faamgs-are-great-but-the-real-opportunities-are-with-empire-strikes-back-stocks-says-capital-group-fund-manager-11627468607?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In a surprise to pretty much no one, megacap tech giants Alphabet, Apple and Microsoft each comfortably beat earnings estimates for the June-ending quarter.\nCarl Kawaja, a fund manager at asset ...</p>\n\n<a href=\"https://www.marketwatch.com/story/faamgs-are-great-but-the-real-opportunities-are-with-empire-strikes-back-stocks-says-capital-group-fund-manager-11627468607?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CBDY":"Target Group Inc.","GOOGL":"谷歌A","GM":"通用汽车","GOOG":"谷歌","AAPL":"苹果","MSFT":"微软"},"source_url":"https://www.marketwatch.com/story/faamgs-are-great-but-the-real-opportunities-are-with-empire-strikes-back-stocks-says-capital-group-fund-manager-11627468607?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2154248923","content_text":"In a surprise to pretty much no one, megacap tech giants Alphabet, Apple and Microsoft each comfortably beat earnings estimates for the June-ending quarter.\nCarl Kawaja, a fund manager at asset management giant Capital Group and the chairman of Capital Research and Management, doesn't have issues with any of these tech giants. But he wonders just how well all of them, as a group, can continue their terrific performance.\nApple, Microsoft, Amazon, Facebook and Alphabet collectively represent just under a quarter of S&P 500 earnings and market cap. If the so-called FAAMG group keeps growing at 15% to 20% per year over the next decade, assuming the S&P 500 as a whole doesn't grow that much, it would collectively account for three-quarters of the index.\n\"And that seems unlikely to me. And so to me, that is kind of an interesting market question right now. If you were a betting man, would you take the other 495?\" he said in a podcast interview with Patrick O'Shaughnessy , chief executive officer of chief executive officer at O'Shaughnessy Asset Management.\nKawaja likes what he calls \"Empire Strikes Back\" companies, or fallen giants that have reinvented themselves. One example he cited was General Motors, which under CEO Mary Barra is pushing electric and autonomous vehicles. \"What is more Empire Strikes Back or reinventing yourself then taking the Hummer, the most kind of loathed planet killer vehicle imaginable, and making an electric version of it?\" he asked.\nAnother is Target, which briefly partnered with Amazon $(AMZN)$, but now has invested to become a retailer with fulfilment either in store or online. \"We actually are seeing Target reinvent itself and adjust to it,\" said Kawaja. Another retailer he likes with a similar proposition is Zara owner Inditex . Walt Disney $(DIS)$, which Kawaja said he hasn't owned, is another example of a company reinventing itself.\nTwo of the companies he's held onto the longest are Taiwan Semiconductor Manufacturing (2330.TW), the world's largest contract microchip maker, and Brazilian miner Vale (VALE3.BR).\nHe said the insight he had with TSMC was not just about the incredibly complex making of microchips, but its ability to serve multiple customers. Brazilian iron ore product Vale is in a very different business, but like Taiwan Semiconductor has compounded at roughly 18% a year over the last two decades. The iron ore that Vale makes is of such high quality that it's a good one to blend with domestically produced, cheaper, lower quality iron ore, and he says Vale's competitive advantage is stronger than tech giants.\n\"I know that's heresy to say that, and Facebook has an incredible moat and I love Facebook and love the stock and management and all of that, but steel has been around since the iron age, and it works really well,\" he said.\nAlphabet and Apple diverge\nOf the tech giants, Alphabet $(GOOGL)$ results got the biggest lift in after-hours trade as the company reported a 69% surge in Google advertising. The strong advertising performance may suggest a strong quarter for social-media giant Facebook (FB), which reports after the close.\nApple shares saw a bit of pressure as Chief Financial Officer Luca Maestri said in a conference call that the company's revenue growth would slow from the 36% it achieved in the June-ending quarter due to foreign exchange rates, the semiconductor shortage and tougher comparisons with the previous year.\nMicrosoft forecast revenue of $43.3 billion to $44.2 billion in the fiscal first quarter, which topped analysts' average expectations for sales of $42.5 billion, led by its \"Intelligent Cloud\" division.\nStarbucks topped earnings estimates and raised its September-ending earnings outlook but the coffee retailer also flagged rising wages and increased supply-chain costs.\nRising costs will be a theme that Federal Reserve Chair Jerome Powell will address at his press conference when the central bank releases its latest monetary-policy decision. Most analysts expect little fireworks from the July decision as the central bank also assesses whether the delta strain of coronavirus cools off what's been a rapid recovery.\nDuolingo, the maker of language-learning and educational apps, priced its initial public offering at $102 a share late Tuesday, above its expected range.\nSimone Biles has withdrawn from a second competition as the gymnastics champion considers whether to compete in other Olympics events next week.\nThe markets\nU.S. stock futures were steady, after the S&P 500 declined Tuesday to break a five-session winning run. The Hang Seng closed 1.5% higher, following consecutive 4%-plus losses for the index.\nThe yield on the 10-year Treasury was 1.25%, and gold was trading right around $1,800 an ounce.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5358213,"gmtCreate":1627475465870,"gmtModify":1631891571795,"authorId":3574633082610158,"author":{"id":3574633082610158,"idStr":"3574633082610158","authorId":3574633082610158,"name":"AventadorKK","avatar":"https://static.tigerbbs.com/35568f4be027781afbf628f95c8f7627","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":801026527,"type":1,"supId":0,"prevId":0,"content":"pls like and comment <u>too</u>","text":"pls like and comment <u>too</u>","html":"pls like and comment <u>too</u>"}],"langContent":"EN"},{"id":801067007,"gmtCreate":1627474621209,"gmtModify":1633764680946,"author":{"id":"3571690530961910","authorId":"3571690530961910","name":"YengLeng","avatar":"https://static.tigerbbs.com/935446444718adfc02516fd4ee8eddd3","vip":1,"crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"3571690530961910","idStr":"3571690530961910"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/801067007","repostId":2154248923,"repostType":4,"repost":{"id":"2154248923","kind":"highlight","pubTimestamp":1627472753,"share":"https://www.laohu8.com/m/news/2154248923?lang=&edition=full","pubTime":"2021-07-28 19:45","market":"us","language":"en","title":"FAAMGs are great, but the real opportunities are with 'Empire Strikes Back' stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=2154248923","media":"MarketWatch","summary":"In a surprise to pretty much no one, megacap tech giants Alphabet, Apple and Microsoft each comforta","content":"<p>In a surprise to pretty much no <a href=\"https://laohu8.com/S/AONE.U\">one</a>, megacap tech giants Alphabet, Apple and Microsoft each comfortably beat earnings estimates for the June-ending quarter.</p>\n<p>Carl Kawaja, a fund manager at asset management giant Capital Group and the chairman of Capital Research and Management, doesn't have issues with any of these tech giants. But he wonders just how well all of them, as a group, can continue their terrific performance.</p>\n<p>Apple, Microsoft, Amazon, <a href=\"https://laohu8.com/S/FB\">Facebook</a> and Alphabet collectively represent just under a quarter of S&amp;P 500 earnings and market cap. If the so-called FAAMG group keeps growing at 15% to 20% per year over the next decade, assuming the S&amp;P 500 as a whole doesn't grow that much, it would collectively account for three-quarters of the index.</p>\n<p>\"And that seems unlikely to me. And so to me, that is kind of an interesting market question right now. If you were a betting man, would you take the other 495?\" he said in a podcast interview with Patrick O'Shaughnessy , chief executive officer of chief executive officer at O'Shaughnessy Asset Management.</p>\n<p>Kawaja likes what he calls \"Empire Strikes Back\" companies, or fallen giants that have reinvented themselves. One example he cited was General Motors, which under CEO Mary Barra is pushing electric and autonomous vehicles. \"What is more Empire Strikes Back or reinventing yourself then taking the Hummer, the most kind of loathed planet killer vehicle imaginable, and making an electric version of it?\" he asked.</p>\n<p>Another is Target, which briefly partnered with Amazon <a href=\"https://laohu8.com/S/AMZN\">$(AMZN)$</a>, but now has invested to become a retailer with fulfilment either in store or online. \"We actually are seeing Target reinvent itself and adjust to it,\" said Kawaja. Another retailer he likes with a similar proposition is Zara owner Inditex . Walt Disney <a href=\"https://laohu8.com/S/DIS\">$(DIS)$</a>, which Kawaja said he hasn't owned, is another example of a company reinventing itself.</p>\n<p>Two of the companies he's held onto the longest are Taiwan Semiconductor Manufacturing (2330.TW), the world's largest contract microchip maker, and Brazilian miner Vale (VALE3.BR).</p>\n<p>He said the insight he had with TSMC was not just about the incredibly complex making of microchips, but its ability to serve multiple customers. Brazilian iron ore product Vale is in a very different business, but like Taiwan Semiconductor has compounded at roughly 18% a year over the last two decades. The iron ore that Vale makes is of such high quality that it's a good one to blend with domestically produced, cheaper, lower quality iron ore, and he says Vale's competitive advantage is stronger than tech giants.</p>\n<p>\"I know that's heresy to say that, and Facebook has an incredible moat and I love Facebook and love the stock and management and all of that, but steel has been around since the iron age, and it works really well,\" he said.</p>\n<p><b>Alphabet and Apple diverge</b></p>\n<p>Of the tech giants, Alphabet <a href=\"https://laohu8.com/S/GOOGL\">$(GOOGL)$</a> results got the biggest lift in after-hours trade as the company reported a 69% surge in Google advertising. The strong advertising performance may suggest a strong quarter for social-media giant Facebook (FB), which reports after the close.</p>\n<p>Apple shares saw a bit of pressure as Chief Financial Officer Luca Maestri said in a conference call that the company's revenue growth would slow from the 36% it achieved in the June-ending quarter due to foreign exchange rates, the semiconductor shortage and tougher comparisons with the previous year.</p>\n<p>Microsoft forecast revenue of $43.3 billion to $44.2 billion in the fiscal first quarter, which topped analysts' average expectations for sales of $42.5 billion, led by its \"Intelligent Cloud\" division.</p>\n<p>Starbucks topped earnings estimates and raised its September-ending earnings outlook but the coffee retailer also flagged rising wages and increased supply-chain costs.</p>\n<p>Rising costs will be a theme that Federal Reserve Chair Jerome Powell will address at his press conference when the central bank releases its latest monetary-policy decision. Most analysts expect little fireworks from the July decision as the central bank also assesses whether the delta strain of coronavirus cools off what's been a rapid recovery.</p>\n<p>Duolingo, the maker of language-learning and educational apps, priced its initial public offering at $102 a share late Tuesday, above its expected range.</p>\n<p>Simone Biles has withdrawn from a second competition as the gymnastics champion considers whether to compete in other Olympics events next week.</p>\n<p><b>The markets</b></p>\n<p>U.S. stock futures were steady, after the S&amp;P 500 declined Tuesday to break a five-session winning run. The Hang Seng closed 1.5% higher, following consecutive 4%-plus losses for the index.</p>\n<p>The yield on the 10-year Treasury was 1.25%, and gold was trading right around $1,800 an ounce.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>FAAMGs are great, but the real opportunities are with 'Empire Strikes Back' stocks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFAAMGs are great, but the real opportunities are with 'Empire Strikes Back' stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-28 19:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/faamgs-are-great-but-the-real-opportunities-are-with-empire-strikes-back-stocks-says-capital-group-fund-manager-11627468607?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In a surprise to pretty much no one, megacap tech giants Alphabet, Apple and Microsoft each comfortably beat earnings estimates for the June-ending quarter.\nCarl Kawaja, a fund manager at asset ...</p>\n\n<a href=\"https://www.marketwatch.com/story/faamgs-are-great-but-the-real-opportunities-are-with-empire-strikes-back-stocks-says-capital-group-fund-manager-11627468607?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CBDY":"Target Group Inc.","GOOGL":"谷歌A","GM":"通用汽车","GOOG":"谷歌","AAPL":"苹果","MSFT":"微软"},"source_url":"https://www.marketwatch.com/story/faamgs-are-great-but-the-real-opportunities-are-with-empire-strikes-back-stocks-says-capital-group-fund-manager-11627468607?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2154248923","content_text":"In a surprise to pretty much no one, megacap tech giants Alphabet, Apple and Microsoft each comfortably beat earnings estimates for the June-ending quarter.\nCarl Kawaja, a fund manager at asset management giant Capital Group and the chairman of Capital Research and Management, doesn't have issues with any of these tech giants. But he wonders just how well all of them, as a group, can continue their terrific performance.\nApple, Microsoft, Amazon, Facebook and Alphabet collectively represent just under a quarter of S&P 500 earnings and market cap. If the so-called FAAMG group keeps growing at 15% to 20% per year over the next decade, assuming the S&P 500 as a whole doesn't grow that much, it would collectively account for three-quarters of the index.\n\"And that seems unlikely to me. And so to me, that is kind of an interesting market question right now. If you were a betting man, would you take the other 495?\" he said in a podcast interview with Patrick O'Shaughnessy , chief executive officer of chief executive officer at O'Shaughnessy Asset Management.\nKawaja likes what he calls \"Empire Strikes Back\" companies, or fallen giants that have reinvented themselves. One example he cited was General Motors, which under CEO Mary Barra is pushing electric and autonomous vehicles. \"What is more Empire Strikes Back or reinventing yourself then taking the Hummer, the most kind of loathed planet killer vehicle imaginable, and making an electric version of it?\" he asked.\nAnother is Target, which briefly partnered with Amazon $(AMZN)$, but now has invested to become a retailer with fulfilment either in store or online. \"We actually are seeing Target reinvent itself and adjust to it,\" said Kawaja. Another retailer he likes with a similar proposition is Zara owner Inditex . Walt Disney $(DIS)$, which Kawaja said he hasn't owned, is another example of a company reinventing itself.\nTwo of the companies he's held onto the longest are Taiwan Semiconductor Manufacturing (2330.TW), the world's largest contract microchip maker, and Brazilian miner Vale (VALE3.BR).\nHe said the insight he had with TSMC was not just about the incredibly complex making of microchips, but its ability to serve multiple customers. Brazilian iron ore product Vale is in a very different business, but like Taiwan Semiconductor has compounded at roughly 18% a year over the last two decades. The iron ore that Vale makes is of such high quality that it's a good one to blend with domestically produced, cheaper, lower quality iron ore, and he says Vale's competitive advantage is stronger than tech giants.\n\"I know that's heresy to say that, and Facebook has an incredible moat and I love Facebook and love the stock and management and all of that, but steel has been around since the iron age, and it works really well,\" he said.\nAlphabet and Apple diverge\nOf the tech giants, Alphabet $(GOOGL)$ results got the biggest lift in after-hours trade as the company reported a 69% surge in Google advertising. The strong advertising performance may suggest a strong quarter for social-media giant Facebook (FB), which reports after the close.\nApple shares saw a bit of pressure as Chief Financial Officer Luca Maestri said in a conference call that the company's revenue growth would slow from the 36% it achieved in the June-ending quarter due to foreign exchange rates, the semiconductor shortage and tougher comparisons with the previous year.\nMicrosoft forecast revenue of $43.3 billion to $44.2 billion in the fiscal first quarter, which topped analysts' average expectations for sales of $42.5 billion, led by its \"Intelligent Cloud\" division.\nStarbucks topped earnings estimates and raised its September-ending earnings outlook but the coffee retailer also flagged rising wages and increased supply-chain costs.\nRising costs will be a theme that Federal Reserve Chair Jerome Powell will address at his press conference when the central bank releases its latest monetary-policy decision. Most analysts expect little fireworks from the July decision as the central bank also assesses whether the delta strain of coronavirus cools off what's been a rapid recovery.\nDuolingo, the maker of language-learning and educational apps, priced its initial public offering at $102 a share late Tuesday, above its expected range.\nSimone Biles has withdrawn from a second competition as the gymnastics champion considers whether to compete in other Olympics events next week.\nThe markets\nU.S. stock futures were steady, after the S&P 500 declined Tuesday to break a five-session winning run. The Hang Seng closed 1.5% higher, following consecutive 4%-plus losses for the index.\nThe yield on the 10-year Treasury was 1.25%, and gold was trading right around $1,800 an ounce.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5358119,"gmtCreate":1627474630184,"gmtModify":1635219545603,"authorId":3571690530961910,"author":{"id":3571690530961910,"idStr":"3571690530961910","authorId":3571690530961910,"name":"YengLeng","avatar":"https://static.tigerbbs.com/935446444718adfc02516fd4ee8eddd3","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":801067007,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":67,"commentSize":4,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}