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- psnpsn
  ·2021-08-03
  Hor
  非常抱歉，此主贴已删除
  76 评论
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- psnpsn
  ·2021-08-03
  Aiyo
  非常抱歉，此主贴已删除
  116 1
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- psnpsn
  ·2021-08-03
  [笑哭]
  When Will Stocks Drop? Watch Profit Margins (and Get Nervous)
  The evidence is mounting that companies are having a harder time passing off cost increases to their
  When Will Stocks Drop? Watch Profit Margins (and Get Nervous)
  593 评论
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- psnpsn
  ·2021-08-03
  Good
  非常抱歉，此主贴已删除
  172 2
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- psnpsn
  ·2021-08-02
  Good
  Has the turning point of Apple's stock price arrived?
  Apple announced financial results for its fiscal 2021 third quarter on July 27.Note that Apple's 2020 fiscal year ended in Sept. 26, 2020. Its current earnings report is thus for its fiscal third quarter, which coincides with the second quarter of the calendar year.Apple's services revenue rose 32.9% YOY, marking the fastest pace of growth since Q3 FY 2018. The company's services include the its digital content stores and streaming services, such as its various App Store platforms, Apple Music,
  Has the turning point of Apple's stock price arrived?
  117 评论
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- psnpsn
  ·2021-08-02
  Oh
  Apple Bans "Tinder For Anti-Vaxxers" On App Store
  Apple on Saturday removed a dating app for unvaccinated people. Allegedly, the app violated Apple's
  Apple Bans "Tinder For Anti-Vaxxers" On App Store
  128 评论
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- psnpsn
  ·2021-08-02
  Yes
  Videogames entered the mainstream in the pandemic, but the industry faces a rough transition
  Earnings Watch: Activision employees' revolt part of a potentially rough maturation process for a se
  Videogames entered the mainstream in the pandemic, but the industry faces a rough transition
  220 评论
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- psnpsn
  ·2021-08-02
  Wow
  Amazon is Running Out of Storage Space...And Manpower
  There were weeks last year when Amazon.com, the world's largest e-commerce company, turned away stoc
  Amazon is Running Out of Storage Space...And Manpower
  83 评论
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- psnpsn
  ·2021-08-02
  Aiyo
  非常抱歉，此主贴已删除
  282 1
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- psnpsn
  ·2021-08-02
  Wow
  Big Tech Earnings Sparkled—Now the Shine May Be Fading
  Big tech stocks keep getting bigger. Their market caps, not so much. This past week, the world’s fiv
  Big Tech Earnings Sparkled—Now the Shine May Be Fading
  125 评论
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19:24","market":"us","language":"en","title":"When Will Stocks Drop? Watch Profit Margins (and Get Nervous)","url":"https://stock-news.laohu8.com/highlight/detail?id=1196763976","media":"Bloomberg","summary":"The evidence is mounting that companies are having a harder time passing off cost increases to their","content":"<blockquote>\n The evidence is mounting that companies are having a harder time passing off cost&nbsp;increases to their customers.\n</blockquote>\n<p>Want to know where the S&amp;P 500 Index may be headed after reaching another record high? Take a look at profit margins.</p>\n<p>Operating margin forecasts are a strong leading indicator of stock prices. A decline in such outlooks preceded routs in the S&amp;P 500 in 2011, 2015, 2018 and 2020. What’s concerning now is that analysts have stopped raising their forecasts, and if they begin to lower them, it's likely to lead to a dip in the broader market again. And it’s not like there’s a lot of room for further improvement in margins, defined as earnings before interest and taxes divided by sales. The consensus among analysts is that they will expand to 16.7% over the next 12 months, topping the previous record of 16.4% set in 2018.</p>\n<p>The relationship between S&amp;P 500 profitability and inflation indicators is murky at best, but recent spikes in the producer price index and a smaller increase in the consumer price index is enough to raise a caution flag for equity margin expansion potential for the next few quarters. At its peak in April, the PPI rose 9.5% from a year earlier, almost 3 standard deviations above its average over the past 30 years. (It rose 9.4% in June.) From 2010 to 2019, the median estimate of where operating margins would be 12 months into the future for S&amp;P 500 members were negatively correlated to changes in PPI. The current coefficient of minus 0.22 suggests gains in corporate profitability are likely to stall or even fall as producer prices continue to rise.</p>\n<p><b>Watch Those Margins</b></p>\n<p>Past dips in forecasted profit margins have lined up with pull-backs in equities.</p>\n<p><img src=\"https://static.tigerbbs.com/2dbda2c0b9394d518fdc8af7d693c8f3\" tg-width=\"644\" tg-height=\"283\" width=\"100%\" height=\"auto\">The difference between the PPI and CPI suggests companies are unable to pass cost increases on to consumers. The spread between the two fell to a record low of minus 5.3 percentage points in April, and is still strongly inverted at minus 4.1 percentage points. Over the last 30 years, the operating margin for the S&amp;P 500 narrowed 6.5 percentage points on average one year after the gap fell below minus 2 percentage points. Not only that, but in the year after the spread breached minus 2 percentage points, the S&amp;P fell 2.5% on average.</p>\n<p>Analysts are getting nervous. They have cut their margin estimates for a quarter of S&amp;P 500 members in the last three months. Their stocks were down 0.63%, compared with a gain of 2.20% for the index and a 3.30% increase for companies with rising margin forecasts. Slicing the index into quintiles based on changes in operating margin shows that companies with the largest declines had a median stock-price decline of 0.5%, versus a gain of 3.9% for those with the greatest expansion in consensus estimates.</p>\n<p>Industries with the most negative margin pressures are likely to be those that investors historically consider “defensive,” such as health care, utilities and consumer staples. Large companies involved in pharmaceuticals, biotechnology and life sciences, household and personal products, and utilities have historically fared worst when producer prices outrun consumer prices, and these are where margin forecasts gave dropped the most over the last three months. Margins forecasts continue to rise for the more cyclically-oriented segments of the equity market, with media, consumer services, transportation and oil and gas industries having the largest gains.</p>\n<p><b>Winners and Losers</b></p>\n<p>Cyclically-oriented sectors are relatively immune from broad profit margin compression.</p>\n<p><img src=\"https://static.tigerbbs.com/884366efc825eccec2878fcd4b3f0912\" tg-width=\"640\" tg-height=\"533\" width=\"100%\" height=\"auto\">Though consensus expectations imply smooth sailing, companies are set up for a more challenging margin outlook as revenue growth rates likely fade, but inflation pressures remain relatively high given persistent uncertainty in the supply chain. Against this backdrop, currently selective industry margin weaknesses may start to spread to more industries, resulting in degradation of margin forecasts for the index at large. Given these estimates are a strong strong leading indicator of stock-price direction, margin trends may be a critical risk to the equity market in the months ahead.</p>","source":"lsy1584095487587","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>When Will Stocks Drop? Watch Profit Margins (and Get Nervous)</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\">\nWhen Will Stocks Drop? Watch Profit Margins (and Get Nervous)\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-02 19:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/opinion/articles/2021-08-02/stock-market-margin-mayhem-looms-large-over-bull-market?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The evidence is mounting that companies are having a harder time passing off cost increases to their customers.\n\nWant to know where the S&P 500 Index may be headed after reaching another record high? ...</p>\n\n<a href=\"https://www.bloomberg.com/opinion/articles/2021-08-02/stock-market-margin-mayhem-looms-large-over-bull-market?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.bloomberg.com/opinion/articles/2021-08-02/stock-market-margin-mayhem-looms-large-over-bull-market?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1196763976","content_text":"The evidence is mounting that companies are having a harder time passing off cost increases to their customers.\n\nWant to know where the S&P 500 Index may be headed after reaching another record high? Take a look at profit margins.\nOperating margin forecasts are a strong leading indicator of stock prices. A decline in such outlooks preceded routs in the S&P 500 in 2011, 2015, 2018 and 2020. What’s concerning now is that analysts have stopped raising their forecasts, and if they begin to lower them, it's likely to lead to a dip in the broader market again. And it’s not like there’s a lot of room for further improvement in margins, defined as earnings before interest and taxes divided by sales. The consensus among analysts is that they will expand to 16.7% over the next 12 months, topping the previous record of 16.4% set in 2018.\nThe relationship between S&P 500 profitability and inflation indicators is murky at best, but recent spikes in the producer price index and a smaller increase in the consumer price index is enough to raise a caution flag for equity margin expansion potential for the next few quarters. At its peak in April, the PPI rose 9.5% from a year earlier, almost 3 standard deviations above its average over the past 30 years. (It rose 9.4% in June.) From 2010 to 2019, the median estimate of where operating margins would be 12 months into the future for S&P 500 members were negatively correlated to changes in PPI. The current coefficient of minus 0.22 suggests gains in corporate profitability are likely to stall or even fall as producer prices continue to rise.\nWatch Those Margins\nPast dips in forecasted profit margins have lined up with pull-backs in equities.\nThe difference between the PPI and CPI suggests companies are unable to pass cost increases on to consumers. The spread between the two fell to a record low of minus 5.3 percentage points in April, and is still strongly inverted at minus 4.1 percentage points. Over the last 30 years, the operating margin for the S&P 500 narrowed 6.5 percentage points on average one year after the gap fell below minus 2 percentage points. Not only that, but in the year after the spread breached minus 2 percentage points, the S&P fell 2.5% on average.\nAnalysts are getting nervous. They have cut their margin estimates for a quarter of S&P 500 members in the last three months. Their stocks were down 0.63%, compared with a gain of 2.20% for the index and a 3.30% increase for companies with rising margin forecasts. Slicing the index into quintiles based on changes in operating margin shows that companies with the largest declines had a median stock-price decline of 0.5%, versus a gain of 3.9% for those with the greatest expansion in consensus estimates.\nIndustries with the most negative margin pressures are likely to be those that investors historically consider “defensive,” such as health care, utilities and consumer staples. Large companies involved in pharmaceuticals, biotechnology and life sciences, household and personal products, and utilities have historically fared worst when producer prices outrun consumer prices, and these are where margin forecasts gave dropped the most over the last three months. Margins forecasts continue to rise for the more cyclically-oriented segments of the equity market, with media, consumer services, transportation and oil and gas industries having the largest gains.\nWinners and Losers\nCyclically-oriented sectors are relatively immune from broad profit margin compression.\nThough consensus expectations imply smooth sailing, companies are set up for a more challenging margin outlook as revenue growth rates likely fade, but inflation pressures remain relatively high given persistent uncertainty in the supply chain. Against this backdrop, currently selective industry margin weaknesses may start to spread to more industries, resulting in degradation of margin forecasts for the index at large. Given these estimates are a strong strong leading indicator of stock-price direction, margin trends may be a critical risk to the equity market in the months ahead.","news_type":1},"isVote":1,"tweetType":1,"viewCount":593,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":804351698,"gmtCreate":1627937412714,"gmtModify":1631891102255,"author":{"id":"3581579564610737","authorId":"3581579564610737","name":"psn","avatar":"https://static.tigerbbs.com/02ceceb6818a838774f95ad5aad8d49c","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581579564610737","authorIdStr":"3581579564610737"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/804351698","repostId":"1172320411","repostType":4,"isVote":1,"tweetType":1,"viewCount":172,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":805584469,"gmtCreate":1627892135551,"gmtModify":1631891102269,"author":{"id":"3581579564610737","authorId":"3581579564610737","name":"psn","avatar":"https://static.tigerbbs.com/02ceceb6818a838774f95ad5aad8d49c","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581579564610737","authorIdStr":"3581579564610737"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/805584469","repostId":"1188341401","repostType":2,"repost":{"id":"1188341401","weMediaInfo":{"introduction":"Providing 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":1627889845,"share":"https://www.laohu8.com/m/news/1188341401?lang=&edition=full","pubTime":"2021-08-02 15:37","market":"us","language":"en","title":"Has the turning point of Apple's stock price arrived?","url":"https://stock-news.laohu8.com/highlight/detail?id=1188341401","media":"Tiger Newspress","summary":"Apple announced financial results for its fiscal 2021 third quarter on July 27.Note that Apple's 2020 fiscal year ended in Sept. 26, 2020. Its current earnings report is thus for its fiscal third quarter, which coincides with the second quarter of the calendar year.Apple's services revenue rose 32.9% YOY, marking the fastest pace of growth since Q3 FY 2018. The company's services include the its digital content stores and streaming services, such as its various App Store platforms, Apple Music, ","content":"<p>Apple announced financial results for its fiscal 2021 third quarter on July 27.</p>\n<p>Note that Apple's 2020 fiscal year ended in Sept. 26, 2020. Its current earnings report is thus for its fiscal third quarter, which coincides with the second quarter of the calendar year.</p>\n<h4>Financial highlights</h4>\n<p>Driven by better-than-expected iPhone sales, total revenue hit $81.43 billion, a rise of 36.4% that was above analyst expectations of $73.30 billion, according to IBES data from Refinitiv. Earnings were $1.30 per share, above estimates of $1.01 per share, according to Refinitiv.</p>\n<p>Apple's services revenue rose 32.9% YOY, marking the fastest pace of growth since Q3 FY 2018. The company's services include the its digital content stores and streaming services, such as its various App Store platforms, Apple Music, Apple Arcade, Apple News+, and Apple TV+. Apple also generates services revenue from AppleCare, advertising services, cloud services, and other services, including Apple Card and Apple Pay.</p>\n<p>Profit margins on services sales are dramatically larger than on Apple's hardware profits. That means that each dollar of added service sales disproportionately boosts Apple's profits compared to hardware sales.</p>\n<p>Hardware sales still make up the majority of Apple's revenue, however. Apple's iPhone sales alone, which rose 49.8% YOY, accounted for 48.6% of total revenue.</p>\n<p>Apple's strongest sales growth came from China, where Chief Executive Tim Cook said that customers are buying up accessories such as the Apple Watch to pair with their iPhones. China sales grew 58% to $14.76 billion in the fiscal third quarter ended June 26.</p>\n<h4>No future guidance</h4>\n<p>Apple did not provide any specific future guidance in its earnings release. It hasn't provided revenue guidance since the start of the pandemic, citing uncertainty.</p>\n<p>Yet the euphoria quickly turned to disappointment for investors as Chief Financial Officer Luca Maestri said revenue growth would slow in the September quarter. The “very strong double-digit” growth, Maestri said, won’t match the 36% growth in the June quarter.</p>\n<p>A less favorable foreign exchange impact, normalizing services growth, and supply constraints from the global chip shortage were the culprits, Apple’s finance chief said.</p>\n<p>While Apple’s supply warning must not be ignored, it’s worth remembering that the company warned in April that it could take a $3 billion to $4 billion hit from the semiconductor crisis in the third quarter. Look how that turned out.</p>\n<p>Chief Executive Cook said, Apple was limited in how many Macs and iPads it could sell because of chip shortages but that the hit to Apple's overall revenue from the shortage was \"lower than the low end\" of its previously forecasted range. Sales of iPads and Macs were $7.37 billion and $8.24 billion, compared with analyst expectations of $7.15 billion and $8.07 billion, according to Refinitiv data.</p>\n<h4>Apple's Share Buyback</h4>\n<p>One of the important factors supporting Apple's stock price is stock repurchase.</p>\n<p>Apple in April raised its share repurchase authorization by $90 billion, which is significantly higher than last year's $50 billion outlay and 2019's $75 billion.</p>\n<p>Tim Cook said Apple already returned $29 billion to shareholders in the June quarter, during the company’s earnings call. The shareholder rewards were split between $3.8 billion in dividend payments and $17.5 billion in stock repurchases.</p>\n<p>Luca Maestri, the company’s CFO, outlined that due to changes in the tax laws:</p>\n<p>“Tax reform will allow us to pursue a more optimal capital structure for our company… and given the increased financial and operational flexibility from the access to our foreign cash, we are targeting to become approximately net cash neutral over time.”</p>\n<p>So, net cash neutrality is what Apple is after.</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>Has the turning point of Apple's stock price arrived?</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\">\nHas the turning point of Apple's stock price arrived?\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\">2021-08-02 15:37</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Apple announced financial results for its fiscal 2021 third quarter on July 27.</p>\n<p>Note that Apple's 2020 fiscal year ended in Sept. 26, 2020. Its current earnings report is thus for its fiscal third quarter, which coincides with the second quarter of the calendar year.</p>\n<h4>Financial highlights</h4>\n<p>Driven by better-than-expected iPhone sales, total revenue hit $81.43 billion, a rise of 36.4% that was above analyst expectations of $73.30 billion, according to IBES data from Refinitiv. Earnings were $1.30 per share, above estimates of $1.01 per share, according to Refinitiv.</p>\n<p>Apple's services revenue rose 32.9% YOY, marking the fastest pace of growth since Q3 FY 2018. The company's services include the its digital content stores and streaming services, such as its various App Store platforms, Apple Music, Apple Arcade, Apple News+, and Apple TV+. Apple also generates services revenue from AppleCare, advertising services, cloud services, and other services, including Apple Card and Apple Pay.</p>\n<p>Profit margins on services sales are dramatically larger than on Apple's hardware profits. That means that each dollar of added service sales disproportionately boosts Apple's profits compared to hardware sales.</p>\n<p>Hardware sales still make up the majority of Apple's revenue, however. Apple's iPhone sales alone, which rose 49.8% YOY, accounted for 48.6% of total revenue.</p>\n<p>Apple's strongest sales growth came from China, where Chief Executive Tim Cook said that customers are buying up accessories such as the Apple Watch to pair with their iPhones. China sales grew 58% to $14.76 billion in the fiscal third quarter ended June 26.</p>\n<h4>No future guidance</h4>\n<p>Apple did not provide any specific future guidance in its earnings release. It hasn't provided revenue guidance since the start of the pandemic, citing uncertainty.</p>\n<p>Yet the euphoria quickly turned to disappointment for investors as Chief Financial Officer Luca Maestri said revenue growth would slow in the September quarter. The “very strong double-digit” growth, Maestri said, won’t match the 36% growth in the June quarter.</p>\n<p>A less favorable foreign exchange impact, normalizing services growth, and supply constraints from the global chip shortage were the culprits, Apple’s finance chief said.</p>\n<p>While Apple’s supply warning must not be ignored, it’s worth remembering that the company warned in April that it could take a $3 billion to $4 billion hit from the semiconductor crisis in the third quarter. Look how that turned out.</p>\n<p>Chief Executive Cook said, Apple was limited in how many Macs and iPads it could sell because of chip shortages but that the hit to Apple's overall revenue from the shortage was \"lower than the low end\" of its previously forecasted range. Sales of iPads and Macs were $7.37 billion and $8.24 billion, compared with analyst expectations of $7.15 billion and $8.07 billion, according to Refinitiv data.</p>\n<h4>Apple's Share Buyback</h4>\n<p>One of the important factors supporting Apple's stock price is stock repurchase.</p>\n<p>Apple in April raised its share repurchase authorization by $90 billion, which is significantly higher than last year's $50 billion outlay and 2019's $75 billion.</p>\n<p>Tim Cook said Apple already returned $29 billion to shareholders in the June quarter, during the company’s earnings call. The shareholder rewards were split between $3.8 billion in dividend payments and $17.5 billion in stock repurchases.</p>\n<p>Luca Maestri, the company’s CFO, outlined that due to changes in the tax laws:</p>\n<p>“Tax reform will allow us to pursue a more optimal capital structure for our company… and given the increased financial and operational flexibility from the access to our foreign cash, we are targeting to become approximately net cash neutral over time.”</p>\n<p>So, net cash neutrality is what Apple is after.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188341401","content_text":"Apple announced financial results for its fiscal 2021 third quarter on July 27.\nNote that Apple's 2020 fiscal year ended in Sept. 26, 2020. Its current earnings report is thus for its fiscal third quarter, which coincides with the second quarter of the calendar year.\nFinancial highlights\nDriven by better-than-expected iPhone sales, total revenue hit $81.43 billion, a rise of 36.4% that was above analyst expectations of $73.30 billion, according to IBES data from Refinitiv. Earnings were $1.30 per share, above estimates of $1.01 per share, according to Refinitiv.\nApple's services revenue rose 32.9% YOY, marking the fastest pace of growth since Q3 FY 2018. The company's services include the its digital content stores and streaming services, such as its various App Store platforms, Apple Music, Apple Arcade, Apple News+, and Apple TV+. Apple also generates services revenue from AppleCare, advertising services, cloud services, and other services, including Apple Card and Apple Pay.\nProfit margins on services sales are dramatically larger than on Apple's hardware profits. That means that each dollar of added service sales disproportionately boosts Apple's profits compared to hardware sales.\nHardware sales still make up the majority of Apple's revenue, however. Apple's iPhone sales alone, which rose 49.8% YOY, accounted for 48.6% of total revenue.\nApple's strongest sales growth came from China, where Chief Executive Tim Cook said that customers are buying up accessories such as the Apple Watch to pair with their iPhones. China sales grew 58% to $14.76 billion in the fiscal third quarter ended June 26.\nNo future guidance\nApple did not provide any specific future guidance in its earnings release. It hasn't provided revenue guidance since the start of the pandemic, citing uncertainty.\nYet the euphoria quickly turned to disappointment for investors as Chief Financial Officer Luca Maestri said revenue growth would slow in the September quarter. The “very strong double-digit” growth, Maestri said, won’t match the 36% growth in the June quarter.\nA less favorable foreign exchange impact, normalizing services growth, and supply constraints from the global chip shortage were the culprits, Apple’s finance chief said.\nWhile Apple’s supply warning must not be ignored, it’s worth remembering that the company warned in April that it could take a $3 billion to $4 billion hit from the semiconductor crisis in the third quarter. Look how that turned out.\nChief Executive Cook said, Apple was limited in how many Macs and iPads it could sell because of chip shortages but that the hit to Apple's overall revenue from the shortage was \"lower than the low end\" of its previously forecasted range. Sales of iPads and Macs were $7.37 billion and $8.24 billion, compared with analyst expectations of $7.15 billion and $8.07 billion, according to Refinitiv data.\nApple's Share Buyback\nOne of the important factors supporting Apple's stock price is stock repurchase.\nApple in April raised its share repurchase authorization by $90 billion, which is significantly higher than last year's $50 billion outlay and 2019's $75 billion.\nTim Cook said Apple already returned $29 billion to shareholders in the June quarter, during the company’s earnings call. The shareholder rewards were split between $3.8 billion in dividend payments and $17.5 billion in stock repurchases.\nLuca Maestri, the company’s CFO, outlined that due to changes in the tax laws:\n“Tax reform will allow us to pursue a more optimal capital structure for our company… and given the increased financial and operational flexibility from the access to our foreign cash, we are targeting to become approximately net cash neutral over time.”\nSo, net cash neutrality is what Apple is after.","news_type":1},"isVote":1,"tweetType":1,"viewCount":117,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":805224260,"gmtCreate":1627885692050,"gmtModify":1631891102278,"author":{"id":"3581579564610737","authorId":"3581579564610737","name":"psn","avatar":"https://static.tigerbbs.com/02ceceb6818a838774f95ad5aad8d49c","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581579564610737","authorIdStr":"3581579564610737"},"themes":[],"htmlText":"Oh","listText":"Oh","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/805224260","repostId":"1110948119","repostType":2,"repost":{"id":"1110948119","pubTimestamp":1627872837,"share":"https://www.laohu8.com/m/news/1110948119?lang=&edition=full","pubTime":"2021-08-02 10:53","market":"us","language":"en","title":"Apple Bans \"Tinder For Anti-Vaxxers\" On App Store","url":"https://stock-news.laohu8.com/highlight/detail?id=1110948119","media":"zerohedge","summary":"Apple on Saturday removed a dating app for unvaccinated people. Allegedly, the app violated Apple's ","content":"<p><a href=\"https://laohu8.com/S/AAPL\">Apple</a> on Saturday removed a dating app for unvaccinated people. Allegedly, the app violated Apple's policies for COVID content.</p>\n<p>Considered the&nbsp;<i>\"Tinder for anti-vaxxers,\"</i>&nbsp;Unjected is a dating-and-community app for unvaccinated people. In May, the app was launched after top dating websites, such as Bumble and Tinder, partnered with the White House and&nbsp;encouraged&nbsp;users to get vaccinated.</p>\n<p>Apple removed the dating app from its App Store after being contacted by&nbsp;Bloomberg. In an email to Unjected, Apple said the app \"inappropriately refers to the Covid-19 pandemic in its concept or theme.\"</p>\n<blockquote>\n <i>Apple requires all apps related to Covid-19 provide credible health and safety information and only come from recognized entities including government organizations, health-focused non-profits and medical or educational institutions.</i>\n</blockquote>\n<blockquote>\n <i>Apple had originally denied Unjected during the initial review process and approved the app after it made changes to comply with Covid-19 policies, an Apple spokesperson said. Since then, \"the developer has made statements externally to its users as well as updates to the app that once again bring it out of compliance,\" Apple said, adding that Unjected encouraged users to avoid using certain words to avoid detection. \"This is a violation of our guidelines, which make it clear: 'If you attempt to cheat the system…your apps will be removed from the store.'</i>\n</blockquote>\n<blockquote>\n <i>\"Unjected's views on vaccines have also resonated on Instagram where its account has almost 25,000 followers. The growing member base defies efforts by public health officials to boost vaccination rates as the highly contagious Covid-19 delta variant spreads across the U.S. -Bloomberg</i>\n</blockquote>\n<p>In response to the de-platforming, one of the Unjected co-founders posted a video on&nbsp;Instagram&nbsp;saying, \"apparently, we're considered 'too much' for sharing our medical autonomy and freedom of choice... So, of course, Apple removed us.\"</p>\n<p>Making matters worse, Unjected is under review at the Google Play store for posts that claim vaccines are \"experimental mRNA gene modifiers,\" \"bioweapons\" and \"nano-technology microchips.\" As of 1323 ET Sunday, the app is still available on Play.</p>\n<p>\"We are looking into ways to get off of Apple and <a href=\"https://laohu8.com/S/GOOG\">Alphabet</a>,\" she said. \"But the easiest transition for us might be to make the website as great as possible since they can't shut that down like the app.\"</p>\n<p>Apple and Google are making it clear that anti-vax content will not be displayed on their platforms. This sort of dystopic censorship would make George Orwell turn over in his grave.</p>\n<p><i>Remember what Silicon Valley did to conservative social media platform \"Parler\"?</i></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Bans \"Tinder For Anti-Vaxxers\" On App Store</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Bans \"Tinder For Anti-Vaxxers\" On App Store\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-02 10:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/political/apple-bans-tinder-anti-vaxxers-app-store?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple on Saturday removed a dating app for unvaccinated people. Allegedly, the app violated Apple's policies for COVID content.\nConsidered the \"Tinder for anti-vaxxers,\" Unjected is a dating-and-...</p>\n\n<a href=\"https://www.zerohedge.com/political/apple-bans-tinder-anti-vaxxers-app-store?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.zerohedge.com/political/apple-bans-tinder-anti-vaxxers-app-store?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1110948119","content_text":"Apple on Saturday removed a dating app for unvaccinated people. Allegedly, the app violated Apple's policies for COVID content.\nConsidered the \"Tinder for anti-vaxxers,\" Unjected is a dating-and-community app for unvaccinated people. In May, the app was launched after top dating websites, such as Bumble and Tinder, partnered with the White House and encouraged users to get vaccinated.\nApple removed the dating app from its App Store after being contacted by Bloomberg. In an email to Unjected, Apple said the app \"inappropriately refers to the Covid-19 pandemic in its concept or theme.\"\n\nApple requires all apps related to Covid-19 provide credible health and safety information and only come from recognized entities including government organizations, health-focused non-profits and medical or educational institutions.\n\n\nApple had originally denied Unjected during the initial review process and approved the app after it made changes to comply with Covid-19 policies, an Apple spokesperson said. Since then, \"the developer has made statements externally to its users as well as updates to the app that once again bring it out of compliance,\" Apple said, adding that Unjected encouraged users to avoid using certain words to avoid detection. \"This is a violation of our guidelines, which make it clear: 'If you attempt to cheat the system…your apps will be removed from the store.'\n\n\n\"Unjected's views on vaccines have also resonated on Instagram where its account has almost 25,000 followers. The growing member base defies efforts by public health officials to boost vaccination rates as the highly contagious Covid-19 delta variant spreads across the U.S. -Bloomberg\n\nIn response to the de-platforming, one of the Unjected co-founders posted a video on Instagram saying, \"apparently, we're considered 'too much' for sharing our medical autonomy and freedom of choice... So, of course, Apple removed us.\"\nMaking matters worse, Unjected is under review at the Google Play store for posts that claim vaccines are \"experimental mRNA gene modifiers,\" \"bioweapons\" and \"nano-technology microchips.\" As of 1323 ET Sunday, the app is still available on Play.\n\"We are looking into ways to get off of Apple and Alphabet,\" she said. \"But the easiest transition for us might be to make the website as great as possible since they can't shut that down like the app.\"\nApple and Google are making it clear that anti-vax content will not be displayed on their platforms. This sort of dystopic censorship would make George Orwell turn over in his grave.\nRemember what Silicon Valley did to conservative social media platform \"Parler\"?","news_type":1},"isVote":1,"tweetType":1,"viewCount":128,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":805225819,"gmtCreate":1627885586831,"gmtModify":1631891102291,"author":{"id":"3581579564610737","authorId":"3581579564610737","name":"psn","avatar":"https://static.tigerbbs.com/02ceceb6818a838774f95ad5aad8d49c","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581579564610737","authorIdStr":"3581579564610737"},"themes":[],"htmlText":"Yes","listText":"Yes","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/805225819","repostId":"2156164154","repostType":2,"repost":{"id":"2156164154","pubTimestamp":1627871495,"share":"https://www.laohu8.com/m/news/2156164154?lang=&edition=full","pubTime":"2021-08-02 10:31","market":"us","language":"en","title":"Videogames entered the mainstream in the pandemic, but the industry faces a rough transition","url":"https://stock-news.laohu8.com/highlight/detail?id=2156164154","media":"MarketWatch","summary":"Earnings Watch: Activision employees' revolt part of a potentially rough maturation process for a se","content":"<p>Earnings Watch: Activision employees' revolt part of a potentially rough maturation process for a sector that changed from a fun diversion to a gigantic industry during COVID-19 pandemic</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/26babe49763edc28e181f6b377b8e476\" tg-width=\"700\" tg-height=\"487\" width=\"100%\" height=\"auto\"><span>MARKETWATCH PHOTO ILLUSTRATION/ISTOCKPHOTO</span></p>\n<p>For decades, Wall Street has viewed videogames like most Americans: A fun little diversion from everyday life, but not something to take too seriously.</p>\n<p>The dynamic has been changing for years, and flipped permanently during the COVID-19 pandemic, which saw the videogame industry go far beyond just overtaking Hollywood in revenue and importance to the market -- depend on gamers for big revenue.</p>\n<p>With greater relevance comes greater scrutiny. Videogame studios have sometimes operated like the fun little diversions in product development, forming small groups willing to fail spectacularly in search of a big hit, while paying little and supervising employees even less. Those issues came to light again when the state of California recently sued Activision Blizzard, portraying a toxic workplace culture , French company Ubisoft Entertainment SA .</p>\n<p>Employees are not alone in seeking a change in practices in the videogame industry. MarketWatch readers may remember that Activision already faced a revolt from shareholders as well this year . Activision investors sent its stock to its worst week in more than a year amid the most recent controversy, down 8.6%, and shares are now down nearly 10% on the year despite strong growth.</p>\n<p>Expectations for upcoming earnings reports show that Wall Street, like employees, are expecting these companies to show greater maturity. While the boom in videogames during the pandemic has brought new investors and attention, the companies are expected to struggle to show gains from last year as they lap the beginning of the COVID-19 pandemic.</p>\n<p>While Cowen analyst Doug Creutz doesn't expect a major downturn in the third quarter, he cautioned in a recent note that investors \"may see some softening\" after a second quarter of beats, but believes fundamentals are strong \"with 2020's growth spurt due to shelter-in-place not appearing to reverse despite increasing levels of vaccination.\"</p>\n<p>Analysts also see the same problem that many gamers voice: The industry doesn't seem to be heading anywhere new and exciting, with sequels and retreads lining the release calendar, and potential next-generation technology such as augmented- and virtual-reality and streaming not looking strong enough yet to support a strong \"secular thesis,\" Creutz wrote.</p>\n<p>VR, AR and other new technologies \"are good businesses, with above-GDP growth prospects for the foreseeable future (assuming competent execution), but we believe there is no shiny overarching thesis to bring new money in,\" Creutz said.</p>\n<p>Creutz has outperform ratings on Take-<a href=\"https://laohu8.com/S/TWOA.U\">Two</a>, EA, and Zygna <a href=\"https://laohu8.com/S/ZNGA\">$(ZNGA)$</a>, but a market perform rating on Activision. All four of those companies will report earnings this week -- Take-<a href=\"https://laohu8.com/S/TWOA\">Two</a> on Monday, Activision on Tuesday, EA on Wednesday and Zynga on Thursday. Look for signs that the growth in videogames may slacken in the months ahead, and the companies themselves may be looking to change.</p>\n<p>\"Ultimately, we think commentary about trends the companies are seeing in Q3 will be the most important factor during reporting season, with the potential to reassure investors that the gains in engagement and monetization made during the pandemic are in fact quite sticky,\" Creutz wrote.</p>\n<p>The numbers to watch</p>\n<ul>\n <li><b>COVID-19 vaccine sales</b>. Moderna Inc.MRNAreports earnings on Thursday for the first time sincejoining the S&amp;P 500 indexSPX,and all eyes will be on the company’s sales of its COVID-19 vaccine. Pfizer Inc.PFEreported roughly $8 billion in vaccine sales, putting it on pace to approach $34 billion in annual sales. Pfizer confirmed plans to seek U.S. approval for a booster shot while confirming a higher per-shot price in a recent deal with the U.S., from $19.50 to $24, according to Mizuho Securities analysts. Investors, who have pushed Moderna shares up more than 377% in the past year, will be looking for similar information from executives.</li>\n</ul>\n<ul>\n <li><b>Ride-hailing recovery.</b>Uber Technologies Inc.UBERand Lyft Inc.LYFTreport results this week, and both ride-hailing companies are trading lower than the prices commanded during their 2019 initial public offerings. The companies have been struggling to get drivers back in their cars while struggling to properly incorporate new pay practices in California. Investors will be looking for signs that some of the pandemic-related issues in ride-hailing are easing, while looking carefully at Uber’s expensive attempts to boost its other businesses.</li>\n</ul>\n<p>The call to put on your calendar</p>\n<ul>\n <li><b>Alibaba Group Holding LTD.</b>BABAAmid questions about the future of Chinese stocks listed on U.S. exchanges, the biggest of that group will report earnings Tuesday morning. Alibaba stock plunged 13.9% in July, its worst monthly performance in more than two years, even though analysts such as Raymond James’s Aaron Kessler say, “We believe most of these new regulations do not impact Alibaba.” Expect executives on the call Tuesday to address those concerns, while playing up the company’s quarterly performance, which included the 6/18 shopping event in China.</li>\n</ul>\n<p>This week in earnings</p>\n<p>Roughly 148 S&amp;P 500 companies are expected to report this week, according to FactSet, while only one Dow Jones Industrial AverageDJIAcomponent is on the calendar, Amgen Inc.&nbsp;Non Tuesday. The calendar is stacked with companies not in the major indexes, though, including Alibaba and Lyft on Tuesday, Uber on Wednesday, Beyond Meat Inc.&nbsp;Dand fresh spin-off Vimeo Inc.&nbsp;on Thursday, and DraftKings Inc.DKNGon Friday.</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>Videogames entered the mainstream in the pandemic, but the industry faces a rough transition</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\">\nVideogames entered the mainstream in the pandemic, but the industry faces a rough transition\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-02 10:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/videogames-entered-the-mainstream-in-the-pandemic-but-the-industry-faces-a-rough-transition-11627854805?mod=newsviewer_click><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Earnings Watch: Activision employees' revolt part of a potentially rough maturation process for a sector that changed from a fun diversion to a gigantic industry during COVID-19 pandemic\nMARKETWATCH ...</p>\n\n<a href=\"https://www.marketwatch.com/story/videogames-entered-the-mainstream-in-the-pandemic-but-the-industry-faces-a-rough-transition-11627854805?mod=newsviewer_click\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-W","ATVI":"动视暴雪","MRNA":"Moderna, Inc.","TTWO":"Take-Two Interactive Software","QNETCN":"纳斯达克中美互联网老虎指数","UBER":"优步","EA":"艺电","BABA":"阿里巴巴","LYFT":"Lyft, Inc."},"source_url":"https://www.marketwatch.com/story/videogames-entered-the-mainstream-in-the-pandemic-but-the-industry-faces-a-rough-transition-11627854805?mod=newsviewer_click","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2156164154","content_text":"Earnings Watch: Activision employees' revolt part of a potentially rough maturation process for a sector that changed from a fun diversion to a gigantic industry during COVID-19 pandemic\nMARKETWATCH PHOTO ILLUSTRATION/ISTOCKPHOTO\nFor decades, Wall Street has viewed videogames like most Americans: A fun little diversion from everyday life, but not something to take too seriously.\nThe dynamic has been changing for years, and flipped permanently during the COVID-19 pandemic, which saw the videogame industry go far beyond just overtaking Hollywood in revenue and importance to the market -- depend on gamers for big revenue.\nWith greater relevance comes greater scrutiny. Videogame studios have sometimes operated like the fun little diversions in product development, forming small groups willing to fail spectacularly in search of a big hit, while paying little and supervising employees even less. Those issues came to light again when the state of California recently sued Activision Blizzard, portraying a toxic workplace culture , French company Ubisoft Entertainment SA .\nEmployees are not alone in seeking a change in practices in the videogame industry. MarketWatch readers may remember that Activision already faced a revolt from shareholders as well this year . Activision investors sent its stock to its worst week in more than a year amid the most recent controversy, down 8.6%, and shares are now down nearly 10% on the year despite strong growth.\nExpectations for upcoming earnings reports show that Wall Street, like employees, are expecting these companies to show greater maturity. While the boom in videogames during the pandemic has brought new investors and attention, the companies are expected to struggle to show gains from last year as they lap the beginning of the COVID-19 pandemic.\nWhile Cowen analyst Doug Creutz doesn't expect a major downturn in the third quarter, he cautioned in a recent note that investors \"may see some softening\" after a second quarter of beats, but believes fundamentals are strong \"with 2020's growth spurt due to shelter-in-place not appearing to reverse despite increasing levels of vaccination.\"\nAnalysts also see the same problem that many gamers voice: The industry doesn't seem to be heading anywhere new and exciting, with sequels and retreads lining the release calendar, and potential next-generation technology such as augmented- and virtual-reality and streaming not looking strong enough yet to support a strong \"secular thesis,\" Creutz wrote.\nVR, AR and other new technologies \"are good businesses, with above-GDP growth prospects for the foreseeable future (assuming competent execution), but we believe there is no shiny overarching thesis to bring new money in,\" Creutz said.\nCreutz has outperform ratings on Take-Two, EA, and Zygna $(ZNGA)$, but a market perform rating on Activision. All four of those companies will report earnings this week -- Take-Two on Monday, Activision on Tuesday, EA on Wednesday and Zynga on Thursday. Look for signs that the growth in videogames may slacken in the months ahead, and the companies themselves may be looking to change.\n\"Ultimately, we think commentary about trends the companies are seeing in Q3 will be the most important factor during reporting season, with the potential to reassure investors that the gains in engagement and monetization made during the pandemic are in fact quite sticky,\" Creutz wrote.\nThe numbers to watch\n\nCOVID-19 vaccine sales. Moderna Inc.MRNAreports earnings on Thursday for the first time sincejoining the S&P 500 indexSPX,and all eyes will be on the company’s sales of its COVID-19 vaccine. Pfizer Inc.PFEreported roughly $8 billion in vaccine sales, putting it on pace to approach $34 billion in annual sales. Pfizer confirmed plans to seek U.S. approval for a booster shot while confirming a higher per-shot price in a recent deal with the U.S., from $19.50 to $24, according to Mizuho Securities analysts. Investors, who have pushed Moderna shares up more than 377% in the past year, will be looking for similar information from executives.\n\n\nRide-hailing recovery.Uber Technologies Inc.UBERand Lyft Inc.LYFTreport results this week, and both ride-hailing companies are trading lower than the prices commanded during their 2019 initial public offerings. The companies have been struggling to get drivers back in their cars while struggling to properly incorporate new pay practices in California. Investors will be looking for signs that some of the pandemic-related issues in ride-hailing are easing, while looking carefully at Uber’s expensive attempts to boost its other businesses.\n\nThe call to put on your calendar\n\nAlibaba Group Holding LTD.BABAAmid questions about the future of Chinese stocks listed on U.S. exchanges, the biggest of that group will report earnings Tuesday morning. Alibaba stock plunged 13.9% in July, its worst monthly performance in more than two years, even though analysts such as Raymond James’s Aaron Kessler say, “We believe most of these new regulations do not impact Alibaba.” Expect executives on the call Tuesday to address those concerns, while playing up the company’s quarterly performance, which included the 6/18 shopping event in China.\n\nThis week in earnings\nRoughly 148 S&P 500 companies are expected to report this week, according to FactSet, while only one Dow Jones Industrial AverageDJIAcomponent is on the calendar, Amgen Inc. Non Tuesday. The calendar is stacked with companies not in the major indexes, though, including Alibaba and Lyft on Tuesday, Uber on Wednesday, Beyond Meat Inc. Dand fresh spin-off Vimeo Inc. on Thursday, and DraftKings Inc.DKNGon Friday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":220,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":805225021,"gmtCreate":1627885544163,"gmtModify":1631891102301,"author":{"id":"3581579564610737","authorId":"3581579564610737","name":"psn","avatar":"https://static.tigerbbs.com/02ceceb6818a838774f95ad5aad8d49c","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581579564610737","authorIdStr":"3581579564610737"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/805225021","repostId":"1125701487","repostType":2,"repost":{"id":"1125701487","pubTimestamp":1627873620,"share":"https://www.laohu8.com/m/news/1125701487?lang=&edition=full","pubTime":"2021-08-02 11:07","market":"us","language":"en","title":"Amazon is Running Out of Storage Space...And Manpower","url":"https://stock-news.laohu8.com/highlight/detail?id=1125701487","media":"The Motley Fool","summary":"There were weeks last year when Amazon.com, the world's largest e-commerce company, turned away stoc","content":"<p>There were weeks last year when <a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a>, the world's largest e-commerce company, turned away stock shipments to its warehouses due to a lack of storage space and warehouse employees.</p>\n<p>Seven months through 2021, the company is still in a mad dash to catch up. Despite doubling its warehouse and transportation network in the last 18 months and employing as many people as the active personnel in the U.S. Armed Forces, new figures show Amazon is investing in unthinkably vast amounts of square footage for storing and shipping goods.</p>\n<h3><b>We're Hiring! (Anyone We Can Get)</b></h3>\n<p>Amazon shares dropped 7% on Friday after the company lowered sales growth estimates, but for many investors, logistics are the bigger concern. An exceedingly tight labor market has forced Amazon to raise wages and throw in signing bonuses just to attract enough staff. Even with 1 out of every 153 American workers an Amazon employee and a global workforce of 1.3 million, the labor search persists.</p>\n<p>Amazon also has a history of breaking open the piggy bank to capture long-term market share, often to the detriment of short-term profit. Even though the strategy has earned the firm some critics over the course of the company's 27-year history, the money tap isn't about to be shut off:</p>\n<ul>\n <li>Amazon plans to add 517 facilities to its global distribution network in the next several years, according to logistics consultancy MWPVL International. Those will add 176 million square feet — the size of 3,696 American football fields — to the 402 million Amazon already has for fulfillment.</li>\n <li>In the last year, the firm's capital expenditures and equipment leases have skyrocketed to $54.5 billion, about double the growth rate from a year ago.</li>\n</ul>\n<p><b>One-Day, Someday:</b>&nbsp;Amazon's spending is in part to get the company back on the path to the holy grail of order fulfillment: guaranteed one-day deliveries everywhere in the U.S. (for those with a Prime membership, naturally). <a href=\"https://laohu8.com/S/CS\">Credit Suisse Group AG</a> analysts said the upsides of Amazon's ramp-up in capital expenditures outweigh declining revenue guidance because \"the consumer responds positively to higher/faster service levels.\"</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Amazon is Running Out of Storage Space...And Manpower</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\">\nAmazon is Running Out of Storage Space...And Manpower\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-02 11:07 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/08/01/amazon-is-running-out-of-storage-spaceand-manpower/><strong>The Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>There were weeks last year when Amazon.com, the world's largest e-commerce company, turned away stock shipments to its warehouses due to a lack of storage space and warehouse employees.\nSeven months ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/08/01/amazon-is-running-out-of-storage-spaceand-manpower/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://www.fool.com/investing/2021/08/01/amazon-is-running-out-of-storage-spaceand-manpower/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1125701487","content_text":"There were weeks last year when Amazon.com, the world's largest e-commerce company, turned away stock shipments to its warehouses due to a lack of storage space and warehouse employees.\nSeven months through 2021, the company is still in a mad dash to catch up. Despite doubling its warehouse and transportation network in the last 18 months and employing as many people as the active personnel in the U.S. Armed Forces, new figures show Amazon is investing in unthinkably vast amounts of square footage for storing and shipping goods.\nWe're Hiring! (Anyone We Can Get)\nAmazon shares dropped 7% on Friday after the company lowered sales growth estimates, but for many investors, logistics are the bigger concern. An exceedingly tight labor market has forced Amazon to raise wages and throw in signing bonuses just to attract enough staff. Even with 1 out of every 153 American workers an Amazon employee and a global workforce of 1.3 million, the labor search persists.\nAmazon also has a history of breaking open the piggy bank to capture long-term market share, often to the detriment of short-term profit. Even though the strategy has earned the firm some critics over the course of the company's 27-year history, the money tap isn't about to be shut off:\n\nAmazon plans to add 517 facilities to its global distribution network in the next several years, according to logistics consultancy MWPVL International. Those will add 176 million square feet — the size of 3,696 American football fields — to the 402 million Amazon already has for fulfillment.\nIn the last year, the firm's capital expenditures and equipment leases have skyrocketed to $54.5 billion, about double the growth rate from a year ago.\n\nOne-Day, Someday: Amazon's spending is in part to get the company back on the path to the holy grail of order fulfillment: guaranteed one-day deliveries everywhere in the U.S. (for those with a Prime membership, naturally). Credit Suisse Group AG analysts said the upsides of Amazon's ramp-up in capital expenditures outweigh declining revenue guidance because \"the consumer responds positively to higher/faster service levels.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":83,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":805228712,"gmtCreate":1627885367336,"gmtModify":1631891102314,"author":{"id":"3581579564610737","authorId":"3581579564610737","name":"psn","avatar":"https://static.tigerbbs.com/02ceceb6818a838774f95ad5aad8d49c","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581579564610737","authorIdStr":"3581579564610737"},"themes":[],"htmlText":"Aiyo","listText":"Aiyo","text":"Aiyo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/805228712","repostId":"1138612370","repostType":2,"isVote":1,"tweetType":1,"viewCount":282,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":805221688,"gmtCreate":1627885202144,"gmtModify":1631891102325,"author":{"id":"3581579564610737","authorId":"3581579564610737","name":"psn","avatar":"https://static.tigerbbs.com/02ceceb6818a838774f95ad5aad8d49c","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581579564610737","authorIdStr":"3581579564610737"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/805221688","repostId":"1146168856","repostType":2,"repost":{"id":"1146168856","pubTimestamp":1627883035,"share":"https://www.laohu8.com/m/news/1146168856?lang=&edition=full","pubTime":"2021-08-02 13:43","market":"us","language":"en","title":"Big Tech Earnings Sparkled—Now the Shine May Be Fading","url":"https://stock-news.laohu8.com/highlight/detail?id=1146168856","media":"Barrons","summary":"Big tech stocks keep getting bigger. Their market caps, not so much.\nThis past week, the world’s fiv","content":"<p>Big tech stocks keep getting bigger. Their market caps, not so much.</p>\n<p>This past week, the world’s five largest tech companies—Apple (ticker: AAPL), Microsoft (MSFT), Amazon.com (AMZN), Alphabet (GOOGL), and Facebook (FB)—all reported quarterly results. Their collective performance was astonishing. As a group, their revenue increased 36%, to $332 billion. These companies spent the pandemic making gobs of money.</p>\n<p>But&nbsp;investors were unimpressed. While Alphabet inched 1.3% higher for the week, the others were all down. Amazongot the worst reception; its stock fell 7.6% on Friday. With all five hovering near all-time highs, investors are taking profits, worried that growth rates are going to slow from here. Beneath the surface, the concerns are well founded. Here are the key takeaways from Big Tech’s huge earnings:</p>\n<p><b>The pandemic boom is over.</b>That’s not to say the pandemic itself is over—the Delta variant is wreaking havoc—but Americans have already made changes in their behavior, and those adjustments are having a major impact on the tech giants.</p>\n<p>It starts with e-commerce. Amazon Chief Financial Officer Brian Olsavsky said on the company’s earnings call that starting in mid-May, growth in e-commerce sales dropped into the midteens from the 30%-to-40% range. People are getting vaccines and leaving the house to buy things that just a few months ago they would have bought online. They’re also shifting some disposable income from online shopping to travel, restaurants, and even events. Olsavsky sees continued tough comparisons for Amazon—and midteens growth rates—for the next few quarters.</p>\n<p>Apple&nbsp;beat expectations in all of its segments, but growth is slowing there, too. Mac sales were up 16% in the June quarter, down from 70% growth three months earlier. iPad sales were up 12%, versus 79% in the March period. This is all still better than before the pandemic, but it suggests that the furious shopping spree for home offices and virtual schooling is coming to an end.Logitech(LOGI), which makes PC peripherals like mice and webcams, had 66% revenue growth in the June quarter, but it sees flat revenue for its fiscal year ending in March 2022.</p>\n<p><b>Component shortages continue.</b>The market’s biggest issue with Apple’s quarter was its warning that the chip supply shortage has worsened since the end of June—and that the issue will affect the availability of iPads and, even worse, iPhones. In September, Apple is expected to&nbsp;release the iPhone 13—and there’s a risk that Apple might not be able to meet demand.Qualcomm(QCOM) this past week warned that the chip shortage could drag into 2022. This could take a while to fix.</p>\n<p>Meanwhile, Apple CEO Tim Cook said on the company’s earnings call that shipping costs are higher, too. I saw evidence of that from my seat at a San Francisco Giants game this past week. Looking past McCovey Cove toward San Francisco Bay, there were at least a dozen container ships lined up to get into the Port of Oakland, which saw an 11% increase in cargo volume in the first half. The port is backed up in part due to a shortage of dockworkers. Freight rates are at record levels, and the holiday merchandising season is fast approaching, adding to demand for freight capacity.</p>\n<p><b>Online advertising is blazing hot.</b>On a brighter note for investors, Alphabet’s&nbsp;ad business grew 68% in the latest quarter, including an 84% jump in advertising at YouTube. Facebook’s&nbsp;ad business grew 56%, driven by a 47% year-over-year increase in ad pricing. Amazon’s “other” revenue category, mostly ads, was up 87%, to $7.9 billion, nearly $1 billion better than Wall Street estimates. Apple doesn’t break out advertising, but ad strength contributed to the 33% growth in the company’s services business. Microsoft saw a&nbsp;53% jump in search ads&nbsp;(remember Bing?) and a 97% jump in advertising at LinkedIn. It all stems from the reopening of the economy. Alphabet told analysts that the biggest driver of ad growth was retail, with strong contributions from travel, financial services, and media and entertainment. People are shopping, eating out, and going on vacation, and that’s driving ads.</p>\n<p><b>Cloud adoption is accelerating.</b>The digital transformation trend that everyone in enterprise computing talks about is the real deal. For Amazon, the slowdown in e-commerce growth overshadowed a fantastic quarter for its Amazon Web Services cloud unit, which grew 37%—accelerating from 32% in the March quarter— to $14.8 billion. That was $500 million better than estimates. Microsoft Azure revenue was up 51%, beating the Wall Street consensus by nine percentage points. Alphabet posted 54% growth in its Google Cloud business, accelerating from 46% growth in the March quarter. Google Cloud is rapidly approaching a $20 billion annual revenue run rate. Give it a cloud-like sales multiple of 20 times and the business is worth $400 billion, constituting more than 20% of Alphabet’s current market value.</p>\n<p><b>The wild card.</b>Regulators and legislators scrutinizing Big Tech are surely looking at the latest results and finding a new sense of purpose. The big are getting bigger. And the regulatory risks are getting riskier.</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> Big Tech Earnings Sparkled—Now the Shine May Be Fading</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\">\n Big Tech Earnings Sparkled—Now the Shine May Be Fading\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-02 13:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/big-tech-earnings-stocks-51627680068?mod=RTA><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Big tech stocks keep getting bigger. Their market caps, not so much.\nThis past week, the world’s five largest tech companies—Apple (ticker: AAPL), Microsoft (MSFT), Amazon.com (AMZN), Alphabet (GOOGL)...</p>\n\n<a href=\"https://www.barrons.com/articles/big-tech-earnings-stocks-51627680068?mod=RTA\">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",".SPX":"S&P 500 Index","AMZN":"亚马逊","AAPL":"苹果","MSFT":"微软","GOOG":"谷歌",".DJI":"道琼斯","GOOGL":"谷歌A"},"source_url":"https://www.barrons.com/articles/big-tech-earnings-stocks-51627680068?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146168856","content_text":"Big tech stocks keep getting bigger. Their market caps, not so much.\nThis past week, the world’s five largest tech companies—Apple (ticker: AAPL), Microsoft (MSFT), Amazon.com (AMZN), Alphabet (GOOGL), and Facebook (FB)—all reported quarterly results. Their collective performance was astonishing. As a group, their revenue increased 36%, to $332 billion. These companies spent the pandemic making gobs of money.\nBut investors were unimpressed. While Alphabet inched 1.3% higher for the week, the others were all down. Amazongot the worst reception; its stock fell 7.6% on Friday. With all five hovering near all-time highs, investors are taking profits, worried that growth rates are going to slow from here. Beneath the surface, the concerns are well founded. Here are the key takeaways from Big Tech’s huge earnings:\nThe pandemic boom is over.That’s not to say the pandemic itself is over—the Delta variant is wreaking havoc—but Americans have already made changes in their behavior, and those adjustments are having a major impact on the tech giants.\nIt starts with e-commerce. Amazon Chief Financial Officer Brian Olsavsky said on the company’s earnings call that starting in mid-May, growth in e-commerce sales dropped into the midteens from the 30%-to-40% range. People are getting vaccines and leaving the house to buy things that just a few months ago they would have bought online. They’re also shifting some disposable income from online shopping to travel, restaurants, and even events. Olsavsky sees continued tough comparisons for Amazon—and midteens growth rates—for the next few quarters.\nApple beat expectations in all of its segments, but growth is slowing there, too. Mac sales were up 16% in the June quarter, down from 70% growth three months earlier. iPad sales were up 12%, versus 79% in the March period. This is all still better than before the pandemic, but it suggests that the furious shopping spree for home offices and virtual schooling is coming to an end.Logitech(LOGI), which makes PC peripherals like mice and webcams, had 66% revenue growth in the June quarter, but it sees flat revenue for its fiscal year ending in March 2022.\nComponent shortages continue.The market’s biggest issue with Apple’s quarter was its warning that the chip supply shortage has worsened since the end of June—and that the issue will affect the availability of iPads and, even worse, iPhones. In September, Apple is expected to release the iPhone 13—and there’s a risk that Apple might not be able to meet demand.Qualcomm(QCOM) this past week warned that the chip shortage could drag into 2022. This could take a while to fix.\nMeanwhile, Apple CEO Tim Cook said on the company’s earnings call that shipping costs are higher, too. I saw evidence of that from my seat at a San Francisco Giants game this past week. Looking past McCovey Cove toward San Francisco Bay, there were at least a dozen container ships lined up to get into the Port of Oakland, which saw an 11% increase in cargo volume in the first half. The port is backed up in part due to a shortage of dockworkers. Freight rates are at record levels, and the holiday merchandising season is fast approaching, adding to demand for freight capacity.\nOnline advertising is blazing hot.On a brighter note for investors, Alphabet’s ad business grew 68% in the latest quarter, including an 84% jump in advertising at YouTube. Facebook’s ad business grew 56%, driven by a 47% year-over-year increase in ad pricing. Amazon’s “other” revenue category, mostly ads, was up 87%, to $7.9 billion, nearly $1 billion better than Wall Street estimates. Apple doesn’t break out advertising, but ad strength contributed to the 33% growth in the company’s services business. Microsoft saw a 53% jump in search ads (remember Bing?) and a 97% jump in advertising at LinkedIn. It all stems from the reopening of the economy. Alphabet told analysts that the biggest driver of ad growth was retail, with strong contributions from travel, financial services, and media and entertainment. People are shopping, eating out, and going on vacation, and that’s driving ads.\nCloud adoption is accelerating.The digital transformation trend that everyone in enterprise computing talks about is the real deal. For Amazon, the slowdown in e-commerce growth overshadowed a fantastic quarter for its Amazon Web Services cloud unit, which grew 37%—accelerating from 32% in the March quarter— to $14.8 billion. That was $500 million better than estimates. Microsoft Azure revenue was up 51%, beating the Wall Street consensus by nine percentage points. Alphabet posted 54% growth in its Google Cloud business, accelerating from 46% growth in the March quarter. Google Cloud is rapidly approaching a $20 billion annual revenue run rate. Give it a cloud-like sales multiple of 20 times and the business is worth $400 billion, constituting more than 20% of Alphabet’s current market value.\nThe wild card.Regulators and legislators scrutinizing Big Tech are surely looking at the latest results and finding a new sense of purpose. The big are getting bigger. And the regulatory risks are getting riskier.","news_type":1},"isVote":1,"tweetType":1,"viewCount":125,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":false}