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- jtsjts
  ·2021-10-29
  👍
  GlobalFoundries shares opened around $46.7, or 0.64% below $47 IPO price.
  GlobalFoundries shares opened around $46.7, or 0.64% below $47 IPO price. GlobalFoundries employs 3
  GlobalFoundries shares opened around $46.7, or 0.64% below $47 IPO price.
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- jtsjts
  ·2021-10-25
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  Big Tech companies report earnings: What to know this week
  Investors' focus this week will be on earnings results, with some of the most heavily weighted compa
  Big Tech companies report earnings: What to know this week
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- jtsjts
  ·2021-10-15
  👍
  Tesla Is the World’s Most Valuable Car Stock. Even the Haters Think So.
  Tesla is the world’s most valuable car stock. Even the bears admit it.Thursday, Barclays analyst Brian Johnson raised his price target for Tesla stock to $300 from $230. He still rates shares the equivalent of Sell, though. And Tesla stock closed Thursday at $818.32—nowhere near $300. Still, his price target was bumped to an important level in one respect.At $300, Johnson is saying that Tesla stock is worth about $300 billion. That’s more than Toyota Motor’s market capitalization of about $28
  Tesla Is the World’s Most Valuable Car Stock. Even the Haters Think So.
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stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1635436379,"share":"https://www.laohu8.com/m/news/1124317794?lang=&edition=full","pubTime":"2021-10-28 23:52","market":"us","language":"en","title":"GlobalFoundries shares opened around $46.7, or 0.64% below $47 IPO price.","url":"https://stock-news.laohu8.com/highlight/detail?id=1124317794","media":"Tiger Newspress","summary":"GlobalFoundries shares opened around $46.7, or 0.64% below $47 IPO price.\n\nGlobalFoundries employs 3","content":"<p>GlobalFoundries shares&nbsp;opened around $46.7, or&nbsp;0.64% below $47 IPO price.</p>\n<p><img src=\"https://static.tigerbbs.com/545a1e9fb33e8ba9887b041d337cb1bb\" tg-width=\"879\" tg-height=\"624\" referrerpolicy=\"no-referrer\"></p>\n<p>GlobalFoundries employs 3,000 people at its Fab 8 campus in Saratoga County, home to its headquarters and its most advanced chip factory.</p>\n<p>Until now, GlobalFoundries has been privately owned by the government of Abu Dhabi through a sovereign wealth fund known as Mubadala Investment Co.</p>\n<p>Looking to diversify its oil-focused economy, Abu Dhabi provided much of the initial investment to create GlobalFoundries more than a decade ago as a spinoff from Advanced Micro Devices into a so-called foundry that would not only make AMD's chips but also chips for other companies.</p>\n<p>GlobalFoundries essentially took AMD's factories around the world off its hands and then built Fab 8 at the Luther Forest Technology Campus in Malta. 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GlobalFoundries is planning a second one at the Fab 8 site within the next few years.</p>\n<p>CEO Tom Caulfield, a native New Yorker, also moved the company's headquarters from Silicon Valley to Malta earlier this year, a move that U.S. Senate Majority Leader Charles Schumer has been asking the company to do for years.</p>\n<p>GlobalFoundries also took over the chipmaking operations of IBM as well, although that deal ended up in a recent legal battle, with IBM accusing GlobalFoundries of falling short on its promises under the agreement.</p>\n<p>The rise of GlobalFoundries from startup to global chip foundry coincides with the consolidation of the chip industry, leaving only a few major players that still own and operate chip factories, or fabs, that can cost up to $10 billion each.</p>\n<p>The other major manufacturers are Intel, Samsung and Taiwan Semiconductor Manufacturing Co., or TSMC, all of which are substantially larger than GlobalFoundries.</p>\n<p>However, GlobalFoundries has important Department of Defense contracts.</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>GlobalFoundries shares opened around $46.7, or 0.64% below $47 IPO price.</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; 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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\">\nGlobalFoundries shares opened around $46.7, or 0.64% below $47 IPO price.\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-10-28 23:52</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>GlobalFoundries shares&nbsp;opened around $46.7, or&nbsp;0.64% below $47 IPO price.</p>\n<p><img src=\"https://static.tigerbbs.com/545a1e9fb33e8ba9887b041d337cb1bb\" tg-width=\"879\" tg-height=\"624\" referrerpolicy=\"no-referrer\"></p>\n<p>GlobalFoundries employs 3,000 people at its Fab 8 campus in Saratoga County, home to its headquarters and its most advanced chip factory.</p>\n<p>Until now, GlobalFoundries has been privately owned by the government of Abu Dhabi through a sovereign wealth fund known as Mubadala Investment Co.</p>\n<p>Looking to diversify its oil-focused economy, Abu Dhabi provided much of the initial investment to create GlobalFoundries more than a decade ago as a spinoff from Advanced Micro Devices into a so-called foundry that would not only make AMD's chips but also chips for other companies.</p>\n<p>GlobalFoundries essentially took AMD's factories around the world off its hands and then built Fab 8 at the Luther Forest Technology Campus in Malta. The facility is the company's most advanced chip factory. GlobalFoundries is planning a second one at the Fab 8 site within the next few years.</p>\n<p>CEO Tom Caulfield, a native New Yorker, also moved the company's headquarters from Silicon Valley to Malta earlier this year, a move that U.S. Senate Majority Leader Charles Schumer has been asking the company to do for years.</p>\n<p>GlobalFoundries also took over the chipmaking operations of IBM as well, although that deal ended up in a recent legal battle, with IBM accusing GlobalFoundries of falling short on its promises under the agreement.</p>\n<p>The rise of GlobalFoundries from startup to global chip foundry coincides with the consolidation of the chip industry, leaving only a few major players that still own and operate chip factories, or fabs, that can cost up to $10 billion each.</p>\n<p>The other major manufacturers are Intel, Samsung and Taiwan Semiconductor Manufacturing Co., or TSMC, all of which are substantially larger than GlobalFoundries.</p>\n<p>However, GlobalFoundries has important Department of Defense contracts.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GFS":"GLOBALFOUNDRIES Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1124317794","content_text":"GlobalFoundries shares opened around $46.7, or 0.64% below $47 IPO price.\n\nGlobalFoundries employs 3,000 people at its Fab 8 campus in Saratoga County, home to its headquarters and its most advanced chip factory.\nUntil now, GlobalFoundries has been privately owned by the government of Abu Dhabi through a sovereign wealth fund known as Mubadala Investment Co.\nLooking to diversify its oil-focused economy, Abu Dhabi provided much of the initial investment to create GlobalFoundries more than a decade ago as a spinoff from Advanced Micro Devices into a so-called foundry that would not only make AMD's chips but also chips for other companies.\nGlobalFoundries essentially took AMD's factories around the world off its hands and then built Fab 8 at the Luther Forest Technology Campus in Malta. The facility is the company's most advanced chip factory. GlobalFoundries is planning a second one at the Fab 8 site within the next few years.\nCEO Tom Caulfield, a native New Yorker, also moved the company's headquarters from Silicon Valley to Malta earlier this year, a move that U.S. Senate Majority Leader Charles Schumer has been asking the company to do for years.\nGlobalFoundries also took over the chipmaking operations of IBM as well, although that deal ended up in a recent legal battle, with IBM accusing GlobalFoundries of falling short on its promises under the agreement.\nThe rise of GlobalFoundries from startup to global chip foundry coincides with the consolidation of the chip industry, leaving only a few major players that still own and operate chip factories, or fabs, that can cost up to $10 billion each.\nThe other major manufacturers are Intel, Samsung and Taiwan Semiconductor Manufacturing Co., or TSMC, all of which are substantially larger than GlobalFoundries.\nHowever, GlobalFoundries has important Department of Defense contracts.","news_type":1},"isVote":1,"tweetType":1,"viewCount":208,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":858469526,"gmtCreate":1635116678380,"gmtModify":1635116678483,"author":{"id":"3581488028128037","authorId":"3581488028128037","authorIdStr":"3581488028128037","name":"jts","avatar":"https://static.tigerbbs.com/99e4c203359070c3eb5aaba16543dce2","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"like","listText":"like","text":"like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/858469526","repostId":"2178808449","repostType":4,"repost":{"id":"2178808449","pubTimestamp":1635115262,"share":"https://www.laohu8.com/m/news/2178808449?lang=&edition=full","pubTime":"2021-10-25 06:41","market":"us","language":"en","title":"Big Tech companies report earnings: What to know this week","url":"https://stock-news.laohu8.com/highlight/detail?id=2178808449","media":"Yahoo Finance","summary":"Investors' focus this week will be on earnings results, with some of the most heavily weighted compa","content":"<p>Investors' focus this week will be on earnings results, with some of the most heavily weighted companies in the S&amp;P 500 poised to deliver their quarterly reports.</p>\n<p><img src=\"https://static.tigerbbs.com/8ca1969b994c415ca75fa816ed5d1daa\" tg-width=\"1878\" tg-height=\"2014\" width=\"100%\" height=\"auto\"></p>\n<p>Over the past couple of weeks, most of the companies that posted earnings results topped Wall Street's estimates, despite widespread concerns over the impact of supply chain challenges to corporate profits. These better-than-feared results helped power both the S&amp;P 500 and Dow to fresh record highs in the past week.</p>\n<p>As of Friday, about 23% of S&amp;P 500 companies had reported actual results for the third quarter. Of these, 84% topped Wall Street's expectations for earnings per share (EPS), according to data from FactSet. And the estimated earnings growth rate for the S&amp;P 500 stood at 32.7%, based on actual results and expectations for companies still yet to report. If maintained through the end of third-quarter earnings season, that would mark the third-highest earnings growth rate posted for the index since 2010.</p>\n<p>Given the string of stronger-than-expected results posted so far, this week's docket of reports has a heightened bar to clear.</p>\n<p>And that's especially set to be the case for the Big Tech companies, including <a href=\"https://laohu8.com/S/FB\">Facebook</a> (FB), Apple (AAPL), Amazon (AMZN) and Alphabet (GOOGL). Most of these far outperformed the market last year, but have seen their stock gains cool so far in 2021 amid concerns over rising interest rates, chip shortages, and slowing growth after a surge in online media usage and demand for software during the height of the pandemic.</p>\n<p>Despite the near-term challenges, however, some strategists have struck an upbeat tone on the technology sector as a whole.</p>\n<p>\"While the chip shortage will be a major conversation piece for tech investors during tech earnings season and clearly be an overhang, we believe the Street will instead look through any near-term disruption and focus on the underlying healthy demand drivers into 2022 which look robust,\" said Wedbush analyst Dan Ives in a note last week.</p>\n<p>A number of the closely watched technology companies that reported last week posted results that disappointed investors or highlighted the lingering impact of these myriad concerns. Snap (SNAP), the parent company of the disappearing photo-sharing platform app Snapchat, offered a current-quarter forecast that fell short of expectations, with supply chain challenges for its advertiser customer base and privacy-related changes to Apple's iOS operating system weighing on sales and profits.</p>\n<p>The weak guidance sent Snap's stock down by 27% on Friday for its biggest single-day drop on record, and dragged down shares of other ad-driven companies including Facebook, Pinterest (PINS), <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> (TWTR) and Alphabet.</p>\n<p>In July, Facebook had already flagged an early impact from Apple's iOS privacy update, which allows users to better control how apps track them. Facebook Chief Financial Officer Dave Wehner said during the company's second-quarter earnings call that the company expected \"increased ad targeting headwinds in 2021 from regulatory and platform changes, notably the recent iOS updates\" and expected these \"to have a more significant impact in the third quarter compared to the second.\"</p>\n<p>Still, the social media juggernaut's top-line growth is expected to climb by another 37% in the third quarter of last year to reach a fresh quarterly record of $29.45 billion. Still, this pace of growth would mark a step down from the second quarter's 56% year-on-year growth rate.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e8eabca01b374d68a08a259419cd3c55\" tg-width=\"5327\" tg-height=\"3596\" referrerpolicy=\"no-referrer\"><span>An illustration picture taken in London on December 18, 2020 shows the logos of Google, Apple, Facebook, Amazon and Microsoft displayed on a mobile phone and a laptop screen. - (Photo by JUSTIN TALLIS / AFP) (Photo by JUSTIN TALLIS/AFP via Getty Images)JUSTIN TALLIS via Getty Images</span></p>\n<p>For peer ad-driven company Alphabet, a pickup in travel among consumers may help fuel the company's core Google Search business even in the face of other ad-industry headwinds. Both Snap and American Express (AXP) last week highlighted a pickup they were witnessing in consumer travel behavior and out-of-the-home spending in their third-quarter earnings releases and calls.</p>\n<p>\"Lost in the noise, SNAP also highlighted opportunity driven by travel budgets returning, which is a positive read through to GOOGL’s general search business,\" Daniel Salmon, BMO Capital Markets internet and media analyst, wrote in a note on Friday.</p>\n<p>Ongoing semiconductor shortages and supply-related issues also dealt a blow to other tech companies. Tesla (TSLA) said in its earnings report last week that, \"A variety of challenges, including semiconductor shortages, congestion at ports and rolling blackouts, have been impacting our ability to keep factories running at full speed.\"</p>\n<p>And reports earlier this month from Bloomberg suggested Apple was likely to cut its iPhone 13 production targets by as many as 10 million units amid chip shortages. The company, however, is still expected to post still-solid revenue growth of 21%, bringing sales to $84.67 billion as consumer demand for the latest smartphones remained resilient, especially in the U.S. and China.</p>\n<p>Rounding out this tech-heavy earnings week will be Amazon (AMZN), which posts quarterly results alongside Apple on Thursday after market close. The company has lagged the market since last reporting earnings in late July, falling 7.3% since July 29 versus a 2.9% gain in the S&amp;P 500.</p>\n<p>Investors have been especially cautious on Amazon given widespread supply chain constraints, rising labor costs and fears that e-commerce sales and Amazon Web Services growth could slow after a pandemic-induced surge. Amazon shares had climbed by 76% in 2020, and the stock was the second-best FAANG performer after Apple that year.</p>\n<p>\"Concerns across top line, bottom line, and broader macro have collectively driven cautious sentiment into year-end,\" wrote JPMorgan analyst Doug Anmuth in a note last Thursday. \"However, we believe there is still significant secular shift toward e-commerce ahead and Amazon has a very strong track record around investing into future growth opportunities.\"</p>\n<p>\"Macro issues related to supply chain, port congestion, and inventory are well-documented and have intensified into the holiday season, driving concerns that delays could impact timing of AMZN receiving 1P/3P [first-party and third-party seller] inventory and certain items could remain out-of-stock,\" he added. \"Overall, we believe AMZN embedded some degree of disruption into the 3Q guide and we believe AMZN scaled inventory in anticipation of greater 2H demand.\"</p>\n<p>In late July, Amazon said it expected third-quarter net sales to total $106 billion to $112 billion, missing consensus expectations at the time. Wall Street analysts now expected to see Amazon post third-quarter sales of $111.8 billion, representing year-over-year growth of 16%, or its slowest since early 2015.</p>\n<h2>Economic calendar</h2>\n<ul>\n <li><p><b>Monday: </b>Chicago Fed National Activity Index, September (0.2 expected, 0.29 in August); Dallas Fed Manufacturing Activity Index, October (6.2 expected, 4.6 in September)</p></li>\n <li><p><b>Tuesday: </b>FHFA House Price Index, month-over-month, August (1.5% expected, 1.4% in July); S&amp;P <a href=\"https://laohu8.com/S/CLGX\">CoreLogic</a> Case-Shiller 20-City Composite, month-over-month, August (1.44% expected, 1.55% in July); S&amp;P CoreLogic Case-Shiller 20-City Composite, year-over-year, August (20.00% expected, 19.95% in July); New Home Sales, month-over-month, September (756,000 expected, 740,000 in August); Conference Board Consumer Confidence, October (108.5 expected, 109.2 in September)</p></li>\n <li><p><b>Wednesday: </b>MBA Mortgage Applications, week ended Oct. 22 (-6.3% during prior week); Advance Goods Trade Balance, September (-$88.3 billion expected, -$87.6 billion in August); Wholesale Inventories, month-over-month, September preliminary (1.0% expected, 1.2% in August); Durable Goods Orders, September preliminary (-1.0% expected, 1.8% in August); Durable Goods Orders, excluding transportation, September preliminary (0.4% expected, 0.3% in August); Non-defense Capital Goods Orders, excluding aircraft, September preliminary (0.4% expected, 0.6% in August); Non-defense Capital Goods Orders, excluding aircraft, September preliminary (0.4% expected, 0.8% in August)</p></li>\n <li><p><b>Thursday: </b>Initial jobless claims, week ended Oct. 23 (292,000 expected, 290,000 during prior week); Continuing claims, week ended Oct. 16 (2.420 million expected, 2.481 million during prior week); GDP annualized, quarter-over-quarter, Q3 first estimate annualized (2.7% expected, 6.7% in Q2); Personal consumption, Q3 first estimate (0.7% expected, 12.0% in Q2); Core personal consumption expenditures, quarter-over-quarter, Q3 first estimate (4.4% expected, 6.1% in Q2); Pending home sales, September (0.6% expected, 8.1% in August); Kansas City Fed Manufacturing Activity Index, October (19 expected, 22 in September)</p></li>\n <li><p><b>Friday: </b>Personal income, September (-0.2% expected, 0.2% in August); Personal spending, September (0.6% expected, 0.8% in August); Personal Consumption Expenditures Core Deflator, month-over-moth, September (0.2% expected, 0.3% in August); Personal Consumption Expenditures, Core Deflator, year-over-year, September (3.7% expected, 3.6% in August): MNI Chicago PMI, October (64.0 expected, 64.7 in September); University of Michigan Sentiment, October final (71.4 expected, 71.4 in September)</p></li>\n</ul>\n<h2>Earnings calendar</h2>\n<ul>\n <li><p><b>Monday: </b>Kimberly-Clark Corp. (KMB), <a href=\"https://laohu8.com/S/OTIS\">Otis Worldwide Corp</a>. (OTIS) before market open; <span style=\"color:rgba(248,12,12,1);\">Facebook (FB)</span> after market close</p></li>\n <li><p><b>Tuesday: </b>Centene (CNC), UPS (UPS), <a href=\"https://laohu8.com/S/MMM\">3M</a> (MMM), General Electric (GE), Waste Management (WM), Eli Lilly (LLY), Hasbro (HAS), Raytheon Technologies (RTX), Invesco (IVZ), The Sherwin-Williams Co. (SHW), Lockheed Martin (LMT), S&amp;P Global (SPGI) before market open; $Capital One Financial Corp(COF-N)$. (COF), Twitter (TWTR), Juniper Networks (JNPR), <span style=\"color:rgba(251,12,12,1);\"><a href=\"https://laohu8.com/S/V\">Visa</a> (V)</span>, <span style=\"color:rgba(248,12,12,1);\">Advanced Micro Devices (<a href=\"https://laohu8.com/S/AMD\">AMD</a>)</span>, <span style=\"color:rgba(241,26,26,1);\">Microsoft (MSFT)</span>, Texas Instruments (TXN), <span style=\"color:rgba(241,21,21,1);\">Alphabet (GOOGL)</span> after market close</p></li>\n <li><p><b>Wednesday: </b>CME Group (CME), McDonald's (MCD), Hilton Worldwide Holdings (HLT), Bristol-Myers Squibb (BMY), <span style=\"color:rgba(241,21,21,1);\">Boeing (BA)</span>, The Coca-Cola Company (KO), Kraft Heinz (KHC), <span style=\"color:rgba(237,28,28,1);\">General Motors (GM)</span> before market open; Ford (F), Xilinx (XLNX), O'Reilly Automotive (ORLY), United Rentals (URI), Align Technology (ALGN), <a href=\"https://laohu8.com/S/EBAY\">eBay</a> (EBAY), <a href=\"https://laohu8.com/S/NOW\">ServiceNow</a> (NOW) after market close</p></li>\n <li><p><b>Thursday:</b> Merck (MRK), Caterpillar (CAT), Yum! Brands (YUM), Comcast (CMCSA), Moody's Corp. (MCO), Nielsen Holdings (NLSN), Stanley Black &amp; Decker (SWK), The Hershey Co. (HSY), Molson Coors Beverage Co. (TAP), Mastercard (MA), Altria Group (MO) before market open; <span style=\"color:rgba(244,28,28,1);\">Apple (AAPL)</span>, Western Digital Corp. (WDC), Starbucks (SBUX), Gilead Sciences (GILD), <span style=\"color:rgba(244,28,28,1);\">Amazon (AMZN)</span> after market close</p></li>\n <li><p><b>Friday: </b>Royal Caribbean (RCL), T Rowe Price Group (TROW), <a href=\"https://laohu8.com/S/CHTR\">Charter Communications</a> (CHTR), Chevron (CVX), AbbVie (ABBV), Exxon Mobil (XOM), Colgate-Palmolive (CL), Newell Brands (NWL) before market open</p></li>\n</ul>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Big Tech companies report earnings: What to know this week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBig Tech companies report earnings: What to know this week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-25 06:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/big-tech-companies-report-earnings-what-to-know-this-week-210653395.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors' focus this week will be on earnings results, with some of the most heavily weighted companies in the S&P 500 poised to deliver their quarterly reports.\n\nOver the past couple of weeks, most ...</p>\n\n<a href=\"https://finance.yahoo.com/news/big-tech-companies-report-earnings-what-to-know-this-week-210653395.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","GM":"通用汽车","AMZN":"亚马逊","AMD":"美国超微公司","GOOG":"谷歌",".SPX":"S&P 500 Index","NFLX":"奈飞","AAPL":"苹果","SPY.AU":"SPDR® S&P 500® ETF Trust",".DJI":"道琼斯","GOOGL":"谷歌A","SNAP":"Snap Inc"},"source_url":"https://finance.yahoo.com/news/big-tech-companies-report-earnings-what-to-know-this-week-210653395.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2178808449","content_text":"Investors' focus this week will be on earnings results, with some of the most heavily weighted companies in the S&P 500 poised to deliver their quarterly reports.\n\nOver the past couple of weeks, most of the companies that posted earnings results topped Wall Street's estimates, despite widespread concerns over the impact of supply chain challenges to corporate profits. These better-than-feared results helped power both the S&P 500 and Dow to fresh record highs in the past week.\nAs of Friday, about 23% of S&P 500 companies had reported actual results for the third quarter. Of these, 84% topped Wall Street's expectations for earnings per share (EPS), according to data from FactSet. And the estimated earnings growth rate for the S&P 500 stood at 32.7%, based on actual results and expectations for companies still yet to report. If maintained through the end of third-quarter earnings season, that would mark the third-highest earnings growth rate posted for the index since 2010.\nGiven the string of stronger-than-expected results posted so far, this week's docket of reports has a heightened bar to clear.\nAnd that's especially set to be the case for the Big Tech companies, including Facebook (FB), Apple (AAPL), Amazon (AMZN) and Alphabet (GOOGL). Most of these far outperformed the market last year, but have seen their stock gains cool so far in 2021 amid concerns over rising interest rates, chip shortages, and slowing growth after a surge in online media usage and demand for software during the height of the pandemic.\nDespite the near-term challenges, however, some strategists have struck an upbeat tone on the technology sector as a whole.\n\"While the chip shortage will be a major conversation piece for tech investors during tech earnings season and clearly be an overhang, we believe the Street will instead look through any near-term disruption and focus on the underlying healthy demand drivers into 2022 which look robust,\" said Wedbush analyst Dan Ives in a note last week.\nA number of the closely watched technology companies that reported last week posted results that disappointed investors or highlighted the lingering impact of these myriad concerns. Snap (SNAP), the parent company of the disappearing photo-sharing platform app Snapchat, offered a current-quarter forecast that fell short of expectations, with supply chain challenges for its advertiser customer base and privacy-related changes to Apple's iOS operating system weighing on sales and profits.\nThe weak guidance sent Snap's stock down by 27% on Friday for its biggest single-day drop on record, and dragged down shares of other ad-driven companies including Facebook, Pinterest (PINS), Twitter (TWTR) and Alphabet.\nIn July, Facebook had already flagged an early impact from Apple's iOS privacy update, which allows users to better control how apps track them. Facebook Chief Financial Officer Dave Wehner said during the company's second-quarter earnings call that the company expected \"increased ad targeting headwinds in 2021 from regulatory and platform changes, notably the recent iOS updates\" and expected these \"to have a more significant impact in the third quarter compared to the second.\"\nStill, the social media juggernaut's top-line growth is expected to climb by another 37% in the third quarter of last year to reach a fresh quarterly record of $29.45 billion. Still, this pace of growth would mark a step down from the second quarter's 56% year-on-year growth rate.\nAn illustration picture taken in London on December 18, 2020 shows the logos of Google, Apple, Facebook, Amazon and Microsoft displayed on a mobile phone and a laptop screen. - (Photo by JUSTIN TALLIS / AFP) (Photo by JUSTIN TALLIS/AFP via Getty Images)JUSTIN TALLIS via Getty Images\nFor peer ad-driven company Alphabet, a pickup in travel among consumers may help fuel the company's core Google Search business even in the face of other ad-industry headwinds. Both Snap and American Express (AXP) last week highlighted a pickup they were witnessing in consumer travel behavior and out-of-the-home spending in their third-quarter earnings releases and calls.\n\"Lost in the noise, SNAP also highlighted opportunity driven by travel budgets returning, which is a positive read through to GOOGL’s general search business,\" Daniel Salmon, BMO Capital Markets internet and media analyst, wrote in a note on Friday.\nOngoing semiconductor shortages and supply-related issues also dealt a blow to other tech companies. Tesla (TSLA) said in its earnings report last week that, \"A variety of challenges, including semiconductor shortages, congestion at ports and rolling blackouts, have been impacting our ability to keep factories running at full speed.\"\nAnd reports earlier this month from Bloomberg suggested Apple was likely to cut its iPhone 13 production targets by as many as 10 million units amid chip shortages. The company, however, is still expected to post still-solid revenue growth of 21%, bringing sales to $84.67 billion as consumer demand for the latest smartphones remained resilient, especially in the U.S. and China.\nRounding out this tech-heavy earnings week will be Amazon (AMZN), which posts quarterly results alongside Apple on Thursday after market close. The company has lagged the market since last reporting earnings in late July, falling 7.3% since July 29 versus a 2.9% gain in the S&P 500.\nInvestors have been especially cautious on Amazon given widespread supply chain constraints, rising labor costs and fears that e-commerce sales and Amazon Web Services growth could slow after a pandemic-induced surge. Amazon shares had climbed by 76% in 2020, and the stock was the second-best FAANG performer after Apple that year.\n\"Concerns across top line, bottom line, and broader macro have collectively driven cautious sentiment into year-end,\" wrote JPMorgan analyst Doug Anmuth in a note last Thursday. \"However, we believe there is still significant secular shift toward e-commerce ahead and Amazon has a very strong track record around investing into future growth opportunities.\"\n\"Macro issues related to supply chain, port congestion, and inventory are well-documented and have intensified into the holiday season, driving concerns that delays could impact timing of AMZN receiving 1P/3P [first-party and third-party seller] inventory and certain items could remain out-of-stock,\" he added. \"Overall, we believe AMZN embedded some degree of disruption into the 3Q guide and we believe AMZN scaled inventory in anticipation of greater 2H demand.\"\nIn late July, Amazon said it expected third-quarter net sales to total $106 billion to $112 billion, missing consensus expectations at the time. Wall Street analysts now expected to see Amazon post third-quarter sales of $111.8 billion, representing year-over-year growth of 16%, or its slowest since early 2015.\nEconomic calendar\n\nMonday: Chicago Fed National Activity Index, September (0.2 expected, 0.29 in August); Dallas Fed Manufacturing Activity Index, October (6.2 expected, 4.6 in September)\nTuesday: FHFA House Price Index, month-over-month, August (1.5% expected, 1.4% in July); S&P CoreLogic Case-Shiller 20-City Composite, month-over-month, August (1.44% expected, 1.55% in July); S&P CoreLogic Case-Shiller 20-City Composite, year-over-year, August (20.00% expected, 19.95% in July); New Home Sales, month-over-month, September (756,000 expected, 740,000 in August); Conference Board Consumer Confidence, October (108.5 expected, 109.2 in September)\nWednesday: MBA Mortgage Applications, week ended Oct. 22 (-6.3% during prior week); Advance Goods Trade Balance, September (-$88.3 billion expected, -$87.6 billion in August); Wholesale Inventories, month-over-month, September preliminary (1.0% expected, 1.2% in August); Durable Goods Orders, September preliminary (-1.0% expected, 1.8% in August); Durable Goods Orders, excluding transportation, September preliminary (0.4% expected, 0.3% in August); Non-defense Capital Goods Orders, excluding aircraft, September preliminary (0.4% expected, 0.6% in August); Non-defense Capital Goods Orders, excluding aircraft, September preliminary (0.4% expected, 0.8% in August)\nThursday: Initial jobless claims, week ended Oct. 23 (292,000 expected, 290,000 during prior week); Continuing claims, week ended Oct. 16 (2.420 million expected, 2.481 million during prior week); GDP annualized, quarter-over-quarter, Q3 first estimate annualized (2.7% expected, 6.7% in Q2); Personal consumption, Q3 first estimate (0.7% expected, 12.0% in Q2); Core personal consumption expenditures, quarter-over-quarter, Q3 first estimate (4.4% expected, 6.1% in Q2); Pending home sales, September (0.6% expected, 8.1% in August); Kansas City Fed Manufacturing Activity Index, October (19 expected, 22 in September)\nFriday: Personal income, September (-0.2% expected, 0.2% in August); Personal spending, September (0.6% expected, 0.8% in August); Personal Consumption Expenditures Core Deflator, month-over-moth, September (0.2% expected, 0.3% in August); Personal Consumption Expenditures, Core Deflator, year-over-year, September (3.7% expected, 3.6% in August): MNI Chicago PMI, October (64.0 expected, 64.7 in September); University of Michigan Sentiment, October final (71.4 expected, 71.4 in September)\n\nEarnings calendar\n\nMonday: Kimberly-Clark Corp. (KMB), Otis Worldwide Corp. (OTIS) before market open; Facebook (FB) after market close\nTuesday: Centene (CNC), UPS (UPS), 3M (MMM), General Electric (GE), Waste Management (WM), Eli Lilly (LLY), Hasbro (HAS), Raytheon Technologies (RTX), Invesco (IVZ), The Sherwin-Williams Co. (SHW), Lockheed Martin (LMT), S&P Global (SPGI) before market open; $Capital One Financial Corp(COF-N)$. (COF), Twitter (TWTR), Juniper Networks (JNPR), Visa (V), Advanced Micro Devices (AMD), Microsoft (MSFT), Texas Instruments (TXN), Alphabet (GOOGL) after market close\nWednesday: CME Group (CME), McDonald's (MCD), Hilton Worldwide Holdings (HLT), Bristol-Myers Squibb (BMY), Boeing (BA), The Coca-Cola Company (KO), Kraft Heinz (KHC), General Motors (GM) before market open; Ford (F), Xilinx (XLNX), O'Reilly Automotive (ORLY), United Rentals (URI), Align Technology (ALGN), eBay (EBAY), ServiceNow (NOW) after market close\nThursday: Merck (MRK), Caterpillar (CAT), Yum! Brands (YUM), Comcast (CMCSA), Moody's Corp. (MCO), Nielsen Holdings (NLSN), Stanley Black & Decker (SWK), The Hershey Co. (HSY), Molson Coors Beverage Co. (TAP), Mastercard (MA), Altria Group (MO) before market open; Apple (AAPL), Western Digital Corp. (WDC), Starbucks (SBUX), Gilead Sciences (GILD), Amazon (AMZN) after market close\nFriday: Royal Caribbean (RCL), T Rowe Price Group (TROW), Charter Communications (CHTR), Chevron (CVX), AbbVie (ABBV), Exxon Mobil (XOM), Colgate-Palmolive (CL), Newell Brands (NWL) before market open","news_type":1},"isVote":1,"tweetType":1,"viewCount":105,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":824838098,"gmtCreate":1634299376867,"gmtModify":1634299376979,"author":{"id":"3581488028128037","authorId":"3581488028128037","authorIdStr":"3581488028128037","name":"jts","avatar":"https://static.tigerbbs.com/99e4c203359070c3eb5aaba16543dce2","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/824838098","repostId":"1128641889","repostType":4,"repost":{"id":"1128641889","pubTimestamp":1634227362,"share":"https://www.laohu8.com/m/news/1128641889?lang=&edition=full","pubTime":"2021-10-15 00:02","market":"us","language":"en","title":"Tesla Is the World’s Most Valuable Car Stock. Even the Haters Think So.","url":"https://stock-news.laohu8.com/highlight/detail?id=1128641889","media":"Barrons","summary":"Tesla is the world’s most valuable car stock. Even the bears admit it.Thursday, Barclays analyst Brian Johnson raised his price target for Tesla  stock to $300 from $230. He still rates shares the equivalent of Sell, though. And Tesla stock closed Thursday at $818.32—nowhere near $300. Still, his price target was bumped to an important level in one respect.At $300, Johnson is saying that Tesla stock is worth about $300 billion.  That’s more than Toyota Motor’s  market capitalization of about $28","content":"<p>Tesla&nbsp;is the world’s most valuable car stock. Even the bears admit it.</p>\n<p>Thursday, Barclays analyst Brian Johnson raised his price target for Tesla (ticker: TSLA) stock to $300 from $230. He still rates shares the equivalent of Sell, though. And Tesla stock closed Thursday at $818.32—nowhere near $300. Still, his price target was bumped to an important level in one respect.</p>\n<p>At $300, Johnson is saying that Tesla stock is worth about $300 billion. (Tesla has about 1 billion shares outstanding, making the math easy.) That’s more than&nbsp;Toyota Motor’s&nbsp;(TM) market capitalization of about $287 billion. Another analyst now believes there is no more valuable car company than Tesla.</p>\n<p>Tesla remains a very controversial stock on Wall Street. Analyst price targets—even removing the top and bottom targets to reduce skew—range from $150 to $1,080 a share. The $930 bull-bear spread is more than 100% of the current stock price and two to three times wider than the average spread for large stocks.</p>\n<p>The bull-bear spread for&nbsp;Microsoft&nbsp;(MSFT), for instance, is about $100 a share or roughly 33% of the stock’s recent $296.31 price.</p>\n<p>The Tesla controversy boils down, in large part, to a debate about what Tesla is. Bears believe it is a car company and that competition will erode its margins and slow its growth. Bulls believe Tesla is a platform tech company with many businesses—such as stationary power—along with its core car operations and that Tesla’s lead over automotive peers in things such as autonomous driving and battery management software will enable high growth for a decade while maintaining leading EV market share.</p>\n<p>Johnson, for his part, is a traditional auto analyst covering more than 20 companies. He appears to fall in the former camp. He rates&nbsp;General Motors&nbsp;(GM) and&nbsp;Ford Motor&nbsp;(F) stock Buy. Those two stocks trade for single-digit price-to-earnings ratios. Tesla trades for roughly 100 times estimated 2022 earnings.</p>\n<p>He raised his price target because, despite believing the company is overvalued, things are looking good going into the third-quarter earnings release due October 20.</p>\n<p>For the third quarter, Wall Street is looking for about $1.50 in per-share earnings from $13.5 billion in sales. The company earned $1.45 in adjusted per-share earnings from $12 billion in sales during the second quarter.</p>\n<p>Tesla stock has been on a strong run, reflecting the good setup into earnings. Shares are up about 21% over the past three months. The&nbsp;S&amp;P 500&nbsp;and&nbsp;Dow Jones Industrial Average&nbsp;are both down slightly over the same span.</p>\n<p>Its stock rose 0.4% to $821.75 in premarket trading.</p>","source":"lsy1601382232898","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>Tesla Is the World’s Most Valuable Car Stock. Even the Haters Think So.</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\">\nTesla Is the World’s Most Valuable Car Stock. Even the Haters Think So.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-15 00:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/tesla-stock-price-51634217724?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla is the world’s most valuable car stock. Even the bears admit it.\nThursday, Barclays analyst Brian Johnson raised his price target for Tesla (ticker: TSLA) stock to $300 from $230. He still rates...</p>\n\n<a href=\"https://www.barrons.com/articles/tesla-stock-price-51634217724?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.barrons.com/articles/tesla-stock-price-51634217724?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128641889","content_text":"Tesla is the world’s most valuable car stock. Even the bears admit it.\nThursday, Barclays analyst Brian Johnson raised his price target for Tesla (ticker: TSLA) stock to $300 from $230. He still rates shares the equivalent of Sell, though. And Tesla stock closed Thursday at $818.32—nowhere near $300. Still, his price target was bumped to an important level in one respect.\nAt $300, Johnson is saying that Tesla stock is worth about $300 billion. (Tesla has about 1 billion shares outstanding, making the math easy.) That’s more than Toyota Motor’s (TM) market capitalization of about $287 billion. Another analyst now believes there is no more valuable car company than Tesla.\nTesla remains a very controversial stock on Wall Street. Analyst price targets—even removing the top and bottom targets to reduce skew—range from $150 to $1,080 a share. The $930 bull-bear spread is more than 100% of the current stock price and two to three times wider than the average spread for large stocks.\nThe bull-bear spread for Microsoft (MSFT), for instance, is about $100 a share or roughly 33% of the stock’s recent $296.31 price.\nThe Tesla controversy boils down, in large part, to a debate about what Tesla is. Bears believe it is a car company and that competition will erode its margins and slow its growth. Bulls believe Tesla is a platform tech company with many businesses—such as stationary power—along with its core car operations and that Tesla’s lead over automotive peers in things such as autonomous driving and battery management software will enable high growth for a decade while maintaining leading EV market share.\nJohnson, for his part, is a traditional auto analyst covering more than 20 companies. He appears to fall in the former camp. He rates General Motors (GM) and Ford Motor (F) stock Buy. Those two stocks trade for single-digit price-to-earnings ratios. Tesla trades for roughly 100 times estimated 2022 earnings.\nHe raised his price target because, despite believing the company is overvalued, things are looking good going into the third-quarter earnings release due October 20.\nFor the third quarter, Wall Street is looking for about $1.50 in per-share earnings from $13.5 billion in sales. The company earned $1.45 in adjusted per-share earnings from $12 billion in sales during the second quarter.\nTesla stock has been on a strong run, reflecting the good setup into earnings. Shares are up about 21% over the past three months. The S&P 500 and Dow Jones Industrial Average are both down slightly over the same span.\nIts stock rose 0.4% to $821.75 in premarket trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":167,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"defaultTab":"posts","isTTM":false}