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- RachelNguyenRachelNguyen
  ·2021-05-19
  For me Apple is better. Their resources are still many.
  Apple Vs. Amazon: Which Stock Is The Better Buy
  The shares of both companies outperformed the broader indexes over five and ten year periods, but have faltered of late.Despite relatively rich valuations, growth prospects for each stock appear strong.However, I see one of the two as having a stronger long-term growth runway.Apple Inc. and Amazon.com Inc. rank among the top five companies in the world by market cap. While the two stocks beat the market over the last five and ten years, each lags the S&P 500 in 2021. Is this an indication the
  Apple Vs. Amazon: Which Stock Is The Better Buy
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- RachelNguyenRachelNguyen
  ·2021-05-14
  Great
  Disney+ subscriber growth is slowing like Netflix's — with one worrisome difference
  Disney reported 103.6 million Disney+ customers as of April 3. Analysts had projected 109 million.Di
  Disney+ subscriber growth is slowing like Netflix's — with one worrisome difference
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- RachelNguyenRachelNguyen
  ·2021-05-13
  Then the gas Stocks up
  Biden Lifts U.S. Ship Mandate to Ease Gasoline Shortages
  (Bloomberg) -- The Biden administration temporarily eased century-old U.S. shipping requirements to
  Biden Lifts U.S. Ship Mandate to Ease Gasoline Shortages
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Their resources are still many.&nbsp;","listText":"For me Apple is better. Their resources are still many.&nbsp;","text":"For me Apple is better. Their resources are still many.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/197108111","repostId":"1189117782","repostType":4,"repost":{"id":"1189117782","pubTimestamp":1621351182,"share":"https://www.laohu8.com/m/news/1189117782?lang=&edition=full","pubTime":"2021-05-18 23:19","market":"us","language":"en","title":"Apple Vs. Amazon: Which Stock Is The Better Buy","url":"https://stock-news.laohu8.com/highlight/detail?id=1189117782","media":"seekingalpha","summary":"The shares of both companies outperformed the broader indexes over five and ten year periods, but have faltered of late.Despite relatively rich valuations, growth prospects for each stock appear strong.However, I see one of the two as having a stronger long-term growth runway.Apple Inc.  and Amazon.com Inc.  rank among the top five companies in the world by market cap. While the two stocks beat the market over the last five and ten years, each lags the S&P 500 in 2021. Is this an indication the ","content":"<p><b>Summary</b></p>\n<ul>\n <li>The shares of both companies outperformed the broader indexes over five and ten year periods, but have faltered of late.</li>\n <li>Despite relatively rich valuations, growth prospects for each stock appear strong.</li>\n <li>However, I see one of the two as having a stronger long-term growth runway.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8bb49d385ec6d3044db2f4474cbb2c57\" tg-width=\"1536\" tg-height=\"1024\" referrerpolicy=\"no-referrer\"><span>Photo by MagioreStock/iStock Editorial via Getty Images</span></p>\n<p>Apple Inc. (AAPL) and Amazon.com Inc. (AMZN) rank among the top five companies in the world by market cap. While the two stocks beat the market over the last five and ten years, each lags the S&amp;P 500 in 2021. Is this an indication the stocks lost their mojo? After all, larger companies tend to grow at a slower pace, thereby weighing on the share price.</p>\n<p>Actually, there are a number of reasons to believe both businesses will flourish. In the case of Amazon, the COVID crisis spurred a membership increase in Prime, while the cloud continues to grow at a rapid pace, and the company’s digital ad revenues are experiencing marked growth.</p>\n<p>As for Apple, a new iPhone cycle is breaking records, the move to 5G appears to serve as a growth catalyst, and the firm’s subscriber services are also a source of continued growth.</p>\n<p><b>Apple’s Growth Catalysts</b></p>\n<p>Apple recorded a 54% increase in revenue for the latest quarter and a 110% surge in net income. Every single product line recorded double-digit growth, with iPhone sales increasing 65% year over year, Mac sales surging 70%, and iPad sales jumping nearly 79%.</p>\n<p>The question is, can growth continue?</p>\n<p>The answer is an indubitable yes, and the services category is one means by which the company can move forward. In 2017, Cook set a goal of doubling services revenue by the end of 2020. Last July, it was announced the company hit that target six months ahead of schedule.</p>\n<p>The latest quarterly report had services generating $16.9 billion. That marked the highest services revenue in Apple’s history, and also the fastest growth rate for services, at just under 27%, in over two years.</p>\n<p>Although products’ revenues were more than four times that of theservices, the latter category posted a gross margin of over 70%. In comparison, gross margin for products was 36.1%. Additionally, the revenue from services is less cyclical than that from products. Consequently, the services category can be expected to drive significant growth for the company.</p>\n<p>Furthermore, Apple now counts 660 million service subscribers, twice the number of subs recorded two and half years ago. The company is driving that growth through new offerings; for example, Apple Arcade added 30 new games, increasing the total to 180, and updated Apple Fitness+.</p>\n<p>In addition to the services setting new revenue and growth rates, Mac computers also set a new revenue record.</p>\n<blockquote>\n The last three quarters for Mac have been its best three quarters ever.\n</blockquote>\n<blockquote>\n Tim Cook,CEO\n</blockquote>\n<p>Investors can expect continued growth in Mac revenues in 2021. IDCforecaststhe PC market will grow 18.2% this year. That marks a 40% increase from the robust growth in personal computer sales witnessed in 2020.</p>\n<p>However, perhaps the greatest immediate growth driver lies in Apple's share of the 5G smartphone market. Research from Strategic AnalyticsestimatesApple captured over 30% of the 5G smartphone market in the first three months of 2020. IDC alsoprojectsa 35.6% CAGR for 5G smartphones through 2025.</p>\n<p>Now consider that since 2016, with the exception of 4Q 2020, Apple has held no more than 17.9% of the smartphone&nbsp;market&nbsp;during the beginning of a new cycle, and that its market share drops to less than 12% as each cycle slows.</p>\n<p>By perusing the following chart, you can see that should Apple’s dominance in 5G continue, it will lead to the company capturing a much larger share of the overall smartphone market, a very favorable outcome for investors.</p>\n<p><img src=\"https://static.tigerbbs.com/8e72212554512203a49b9cbb213dfcf8\" tg-width=\"1216\" tg-height=\"744\"></p>\n<p><b>Amazon’s Growth Drivers</b></p>\n<p>The following chart provides a clear picture of Amazon’s growth over the trailing twelve months.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/91210115ceb226aae26de479cd1d767f\" tg-width=\"1280\" tg-height=\"978\"><span>Source:Q1 21 Earnings Presentation</span></p>\n<p>Obviously, ecommerce is the foundation of Amazon’s business, and a sound argument can be made that Prime is now the cornerstone of that foundation. Since January of 2020, Prime added about 50 million new members globally and totals more than 200 million subscribers today.</p>\n<p>Prime drives ecommerce customer engagement and increases sales by a wide margin. For example, 74% of Prime&nbsp;subscribers&nbsp;buy a product online every few weeks, whereas those without a Prime membership only make an online purchase a few times a year.</p>\n<p>The average Prime&nbsp;member&nbsp;also spends $1400 per year versus $600 spent on ecommerce by non members. Therefore, it follows that the increased number of subscribers will drive greater ecommerce revenues.</p>\n<p>The company is also reinforcing its advantage in ecommerce through investments in its logistics network. Over the last four quarters, Amazon devoted $45.4 billion in&nbsp;capex, twice the sum spent in the previous twelve months. To place this in context, Walmart budgeted $14 billion for capex this year, and the $45 billion-plus capex budget exceeds the total annual&nbsp;revenues&nbsp;of all but the 72 largest US companies.</p>\n<p>It is important to note that although the firm is investing in a wide array of initiatives, the largest expenditures are devoted to increasing fulfillment capacity. During the Q4 earnings call, management noted the company’s logistics network&nbsp;increased&nbsp;by fifty percent in 2020.</p>\n<p>An example of the explosive growth of these assets can be found in the firm's investment in&nbsp;delivery&nbsp;stations. In 2019, Amazon had 159 delivery stations. That number ballooned to 337 at the end of 2020 and is expected to grow to 506 locations by year’s end.</p>\n<p>These metrics provide insights into the degree of vertical integration Amazon will soon achieve, and the advantages that will provide for the firm’s ecommerce segment.</p>\n<p>A second growth driver is Amazon’s advertising business. Although revenues from advertising are not divulged, management states that the Other category consists primarily of advertising revenues.</p>\n<p>Net sales from Other has more than doubled, from $10.1 billion in 2018, to nearly $21.5 billion in 2020. In the last earnings call of 2020, CFO Brain Olsavsky noted growth in Other revenue of 41% in Q2, 49% in Q3, and 64% in Q4 “that is primarily advertising.”</p>\n<p>Ecommerce channel advertising revenue will exceed $18 billion in 2021, and will equal around 80% of all spend on US ecommerce sites.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/76abb398645e756728ceabc48ec4a0ae\" tg-width=\"470\" tg-height=\"290\"><span>Source:Insider Intelligence</span></p>\n<p>Although advertising and subscription services are arguably underappreciated sources of Amazon’s potential, I believe the greatest source of growth will stem from AWS.</p>\n<p>The chart below provides data regarding growth prospects in the cloud market.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cef232b99c6574bbdcded96ea37d17c4\" tg-width=\"650\" tg-height=\"405\"><span>Source:MarketsAndMarkets</span></p>\n<p>MarketsAndMarkets forecasts a CAGR of 14.2% for the cloud market from 2020 through 2025.</p>\n<p>The growth for cloud is not only assured, it is likely to continue for the foreseeable future. Furthermore, investors should understand the margin provided by cloud is much greater than that of most of the company’s businesses.</p>\n<p>That’s reflected in the fact that in FY 2020, AWS contributed approximately $13.5 billion in sales, or just 12.4% of total revenues; but the cloud segment provided 47% of Amazon’s operating income.</p>\n<p><b>Head-To-Head Comparisons</b></p>\n<p>The following chart provides a variety of valuation metrics. The PEG calculated at the 5 year expected rate.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/025be58d4547e9473b0bd572351c31ad\" tg-width=\"576\" tg-height=\"336\"><span>Source:Yahoo! Finance/ Chart by Author</span></p>\n<p>Aside from the forward P/E, Amazon’s valuation metrics are better those of Apple.</p>\n<p>Advantage: AMZN</p>\n<p><b>AAPL And AMZN Stock Price</b></p>\n<p>Shares of Apple trade for $127.45. The average 12 month price target of 34 analysts is $149.15. The price target of 15 analysts that rated the stock since the last earnings report is $159.35, approximately 25% above today’s valuation.</p>\n<p>Amazon stock trades for $3222.90. The average 12 month price target of 47 analysts is $4,180.54. The price target of the 22 analysts that rated the stock since the last earnings report is $4,379.54, nearly 36% above the current share price.</p>\n<p>Advantage: AMZN</p>\n<p>The following chart provides analysts' consensus growth rates over the next two years.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3c319ec4c4ce348af44da7823769baec\" tg-width=\"576\" tg-height=\"336\"><span>Source:Seeking Alpha Premium/ Chart by Author</span></p>\n<p>Amazon’s growth metrics outstrip Apple’s by wide margins.</p>\n<p>Advantage; AMZN</p>\n<p><b>Amazon or Apple: Which Stock is the Better Investment?</b></p>\n<p>Both companies have avenues for growth. Furthermore, each company is venturing into, or reinforcing, growth initiatives in arenas that provide robust profit margins.</p>\n<p>Apple’s expanded services offerings and the developments in 5G bode well for the company.</p>\n<p>Amazon’s growth in advertising, coupled with its cloud business, provides ample opportunities for increased sales in high margin businesses.</p>\n<p>However, I view the following chart as a telling testimony of the difference in the two companies' prospects.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d0e3273ad43df2ecd76b8f356de27fd2\" tg-width=\"740\" tg-height=\"433\"><span>Source:CNBC</span></p>\n<p>Apple’s growth is more cyclical in nature than that of AMZN. While I believe the current iPhone cycle will last longer and provide greater growth than prior cycles due to 5G, I still view it as transitory, with an unavoidable decline towards the end.</p>\n<p>I consider Amazon’s prospects in cloud and digital advertising as having longer legs. I also note almost every metric other than forward P/E reflects greater long term growth prospects for Amazon.</p>\n<p>Consequently, I rate Amazon as the better of the two investments at this juncture.</p>\n<p>I rate Apple as a HOLD.</p>\n<p>I rate Amazon as a BUY.</p>\n<p>However, I am “nibbling” at the stock, as I see the share price as trading on the richer end of what I am willing to pay for in that investment.</p>\n<p>For those that eschew investments in growth stocks, I point to an icon of value investors, Warren Buffett.</p>\n<p>It is reasonable to assume Warren Buffett considered the growth prospects of the two companies when he made his initial investment in Apple in 2016, and Amazon in 2019. Although Buffett came late to the game, Apple is now his largest holding by a wide margin.</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Vs. Amazon: Which Stock Is The Better Buy</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 Vs. Amazon: Which Stock Is The Better Buy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-18 23:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4429588-apple-vs-amazon-stock-better-buy><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nThe shares of both companies outperformed the broader indexes over five and ten year periods, but have faltered of late.\nDespite relatively rich valuations, growth prospects for each stock ...</p>\n\n<a href=\"https://seekingalpha.com/article/4429588-apple-vs-amazon-stock-better-buy\">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","AAPL":"苹果"},"source_url":"https://seekingalpha.com/article/4429588-apple-vs-amazon-stock-better-buy","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1189117782","content_text":"Summary\n\nThe shares of both companies outperformed the broader indexes over five and ten year periods, but have faltered of late.\nDespite relatively rich valuations, growth prospects for each stock appear strong.\nHowever, I see one of the two as having a stronger long-term growth runway.\n\nPhoto by MagioreStock/iStock Editorial via Getty Images\nApple Inc. (AAPL) and Amazon.com Inc. (AMZN) rank among the top five companies in the world by market cap. While the two stocks beat the market over the last five and ten years, each lags the S&P 500 in 2021. Is this an indication the stocks lost their mojo? After all, larger companies tend to grow at a slower pace, thereby weighing on the share price.\nActually, there are a number of reasons to believe both businesses will flourish. In the case of Amazon, the COVID crisis spurred a membership increase in Prime, while the cloud continues to grow at a rapid pace, and the company’s digital ad revenues are experiencing marked growth.\nAs for Apple, a new iPhone cycle is breaking records, the move to 5G appears to serve as a growth catalyst, and the firm’s subscriber services are also a source of continued growth.\nApple’s Growth Catalysts\nApple recorded a 54% increase in revenue for the latest quarter and a 110% surge in net income. Every single product line recorded double-digit growth, with iPhone sales increasing 65% year over year, Mac sales surging 70%, and iPad sales jumping nearly 79%.\nThe question is, can growth continue?\nThe answer is an indubitable yes, and the services category is one means by which the company can move forward. In 2017, Cook set a goal of doubling services revenue by the end of 2020. Last July, it was announced the company hit that target six months ahead of schedule.\nThe latest quarterly report had services generating $16.9 billion. That marked the highest services revenue in Apple’s history, and also the fastest growth rate for services, at just under 27%, in over two years.\nAlthough products’ revenues were more than four times that of theservices, the latter category posted a gross margin of over 70%. In comparison, gross margin for products was 36.1%. Additionally, the revenue from services is less cyclical than that from products. Consequently, the services category can be expected to drive significant growth for the company.\nFurthermore, Apple now counts 660 million service subscribers, twice the number of subs recorded two and half years ago. The company is driving that growth through new offerings; for example, Apple Arcade added 30 new games, increasing the total to 180, and updated Apple Fitness+.\nIn addition to the services setting new revenue and growth rates, Mac computers also set a new revenue record.\n\n The last three quarters for Mac have been its best three quarters ever.\n\n\n Tim Cook,CEO\n\nInvestors can expect continued growth in Mac revenues in 2021. IDCforecaststhe PC market will grow 18.2% this year. That marks a 40% increase from the robust growth in personal computer sales witnessed in 2020.\nHowever, perhaps the greatest immediate growth driver lies in Apple's share of the 5G smartphone market. Research from Strategic AnalyticsestimatesApple captured over 30% of the 5G smartphone market in the first three months of 2020. IDC alsoprojectsa 35.6% CAGR for 5G smartphones through 2025.\nNow consider that since 2016, with the exception of 4Q 2020, Apple has held no more than 17.9% of the smartphone market during the beginning of a new cycle, and that its market share drops to less than 12% as each cycle slows.\nBy perusing the following chart, you can see that should Apple’s dominance in 5G continue, it will lead to the company capturing a much larger share of the overall smartphone market, a very favorable outcome for investors.\n\nAmazon’s Growth Drivers\nThe following chart provides a clear picture of Amazon’s growth over the trailing twelve months.\nSource:Q1 21 Earnings Presentation\nObviously, ecommerce is the foundation of Amazon’s business, and a sound argument can be made that Prime is now the cornerstone of that foundation. Since January of 2020, Prime added about 50 million new members globally and totals more than 200 million subscribers today.\nPrime drives ecommerce customer engagement and increases sales by a wide margin. For example, 74% of Prime subscribers buy a product online every few weeks, whereas those without a Prime membership only make an online purchase a few times a year.\nThe average Prime member also spends $1400 per year versus $600 spent on ecommerce by non members. Therefore, it follows that the increased number of subscribers will drive greater ecommerce revenues.\nThe company is also reinforcing its advantage in ecommerce through investments in its logistics network. Over the last four quarters, Amazon devoted $45.4 billion in capex, twice the sum spent in the previous twelve months. To place this in context, Walmart budgeted $14 billion for capex this year, and the $45 billion-plus capex budget exceeds the total annual revenues of all but the 72 largest US companies.\nIt is important to note that although the firm is investing in a wide array of initiatives, the largest expenditures are devoted to increasing fulfillment capacity. During the Q4 earnings call, management noted the company’s logistics network increased by fifty percent in 2020.\nAn example of the explosive growth of these assets can be found in the firm's investment in delivery stations. In 2019, Amazon had 159 delivery stations. That number ballooned to 337 at the end of 2020 and is expected to grow to 506 locations by year’s end.\nThese metrics provide insights into the degree of vertical integration Amazon will soon achieve, and the advantages that will provide for the firm’s ecommerce segment.\nA second growth driver is Amazon’s advertising business. Although revenues from advertising are not divulged, management states that the Other category consists primarily of advertising revenues.\nNet sales from Other has more than doubled, from $10.1 billion in 2018, to nearly $21.5 billion in 2020. In the last earnings call of 2020, CFO Brain Olsavsky noted growth in Other revenue of 41% in Q2, 49% in Q3, and 64% in Q4 “that is primarily advertising.”\nEcommerce channel advertising revenue will exceed $18 billion in 2021, and will equal around 80% of all spend on US ecommerce sites.\nSource:Insider Intelligence\nAlthough advertising and subscription services are arguably underappreciated sources of Amazon’s potential, I believe the greatest source of growth will stem from AWS.\nThe chart below provides data regarding growth prospects in the cloud market.\nSource:MarketsAndMarkets\nMarketsAndMarkets forecasts a CAGR of 14.2% for the cloud market from 2020 through 2025.\nThe growth for cloud is not only assured, it is likely to continue for the foreseeable future. Furthermore, investors should understand the margin provided by cloud is much greater than that of most of the company’s businesses.\nThat’s reflected in the fact that in FY 2020, AWS contributed approximately $13.5 billion in sales, or just 12.4% of total revenues; but the cloud segment provided 47% of Amazon’s operating income.\nHead-To-Head Comparisons\nThe following chart provides a variety of valuation metrics. The PEG calculated at the 5 year expected rate.\nSource:Yahoo! Finance/ Chart by Author\nAside from the forward P/E, Amazon’s valuation metrics are better those of Apple.\nAdvantage: AMZN\nAAPL And AMZN Stock Price\nShares of Apple trade for $127.45. The average 12 month price target of 34 analysts is $149.15. The price target of 15 analysts that rated the stock since the last earnings report is $159.35, approximately 25% above today’s valuation.\nAmazon stock trades for $3222.90. The average 12 month price target of 47 analysts is $4,180.54. The price target of the 22 analysts that rated the stock since the last earnings report is $4,379.54, nearly 36% above the current share price.\nAdvantage: AMZN\nThe following chart provides analysts' consensus growth rates over the next two years.\nSource:Seeking Alpha Premium/ Chart by Author\nAmazon’s growth metrics outstrip Apple’s by wide margins.\nAdvantage; AMZN\nAmazon or Apple: Which Stock is the Better Investment?\nBoth companies have avenues for growth. Furthermore, each company is venturing into, or reinforcing, growth initiatives in arenas that provide robust profit margins.\nApple’s expanded services offerings and the developments in 5G bode well for the company.\nAmazon’s growth in advertising, coupled with its cloud business, provides ample opportunities for increased sales in high margin businesses.\nHowever, I view the following chart as a telling testimony of the difference in the two companies' prospects.\nSource:CNBC\nApple’s growth is more cyclical in nature than that of AMZN. While I believe the current iPhone cycle will last longer and provide greater growth than prior cycles due to 5G, I still view it as transitory, with an unavoidable decline towards the end.\nI consider Amazon’s prospects in cloud and digital advertising as having longer legs. I also note almost every metric other than forward P/E reflects greater long term growth prospects for Amazon.\nConsequently, I rate Amazon as the better of the two investments at this juncture.\nI rate Apple as a HOLD.\nI rate Amazon as a BUY.\nHowever, I am “nibbling” at the stock, as I see the share price as trading on the richer end of what I am willing to pay for in that investment.\nFor those that eschew investments in growth stocks, I point to an icon of value investors, Warren Buffett.\nIt is reasonable to assume Warren Buffett considered the growth prospects of the two companies when he made his initial investment in Apple in 2016, and Amazon in 2019. Although Buffett came late to the game, Apple is now his largest holding by a wide margin.","news_type":1},"isVote":1,"tweetType":1,"viewCount":96,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":198640073,"gmtCreate":1620957544292,"gmtModify":1634194970976,"author":{"id":"3583052434725785","authorId":"3583052434725785","name":"RachelNguyen","avatar":"https://static.tigerbbs.com/6b3a98cc794df7269e76d0163289ecfb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583052434725785","authorIdStr":"3583052434725785"},"themes":[],"htmlText":"Great&nbsp;","listText":"Great&nbsp;","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/198640073","repostId":"1143623731","repostType":4,"repost":{"id":"1143623731","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":1620947790,"share":"https://www.laohu8.com/m/news/1143623731?lang=&edition=full","pubTime":"2021-05-14 07:16","market":"us","language":"en","title":"Disney+ subscriber growth is slowing like Netflix's — with one worrisome difference","url":"https://stock-news.laohu8.com/highlight/detail?id=1143623731","media":"Tiger Newspress","summary":"Disney reported 103.6 million Disney+ customers as of April 3. Analysts had projected 109 million.Di","content":"<ul><li>Disney reported 103.6 million Disney+ customers as of April 3. Analysts had projected 109 million.</li><li>Disney's disappointing subscriber additions resemble Netflix's last quarter.</li><li>But Disney charges far less for Disney+ than Netflix charges its average customer, making slowing growth more worrying if it continues.</li></ul><p>Disneyseems to have picked up a bit ofNetflix-itis.</p><p>Just as Netflix added fewer than 4 million global subscribers in the first quarter, disappointing investors, Disney announced it now has 103.6 million Disney+ subscribers, far less than the109 million estimated by analysts.Disney shares slumped about 4% in after-hours trading.</p><p><img src=\"https://static.tigerbbs.com/82adc791025ad718eb7be25366aeb1f9\" tg-width=\"1283\" tg-height=\"612\" referrerpolicy=\"no-referrer\"></p><p>Superficially, both Disney and Netflix can explain away the disappointing growth by citing the surge in viewers earlier in the pandemic. The logic is simple: Far more people signed up for Disney+ and Netflix in the first six months of the pandemic than the companies had counted on. Given the surge, it's only natural that growth would pull back to more \"normal\" levels as the pandemic winds down.</p><p>Further, both Disney and Netflix can safely assume that subscriber growth will accelerate in the second half of the year as show production begins again in earnest and high-profile content — such as \"Loki\" and \"Luca\" for Disney — comes to streaming video later this year.</p><p>But there's one significant difference between the two companies where Disney falls far short: average revenue per user.</p><p>Disney+'s average revenue per user, excluding India's Hotstar, was $5.61 per month. Netflix's ARPU last quarter in the U.S. and Canada was $14.25 per month — up 9% from a year ago.</p><p>If you're going to have slumping growth, you want your customers paying as much as possible. Disney's Hulu subscription video on-demand service has higher ARPU — $12.08 per month — but its growth was negligible, up just 2 cents per month from a year ago. Hulu has 37.8 million subscribers, which rises to 41.6 million when including those who also purchase live TV.</p><p>None of this is particularly concerning yet for Disney Chief Executive Officer Bob Chapek, who noted \"every single market has exceeded expectations\" in terms of global subscriber additions. He also pointed out that Disney is still expanding to new countries, with Malaysia and Thailand coming in June.</p><p>But Disney+ has vaulted into the streaming big leagues. In 2020, the logical comparison for Disney+ wasHBO Max,Peacockand other new media streaming services.</p><p>Given Disney's success, this year's comparison will be Netflix. Disney has already projected 230 million to 260 million subscribers by 2024. That's Netflix-land. Netflix has about 208 million customers.</p><p>Netflix has been able to raise prices gradually over the years without stopping global growth. Disney may be able to do the same — but the stark differences in ARPU between the two companies illustrate the long road ahead.</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>Disney+ subscriber growth is slowing like Netflix's — with one worrisome difference</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\">\nDisney+ subscriber growth is slowing like Netflix's — with one worrisome difference\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\">2021-05-14 07:16</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul><li>Disney reported 103.6 million Disney+ customers as of April 3. Analysts had projected 109 million.</li><li>Disney's disappointing subscriber additions resemble Netflix's last quarter.</li><li>But Disney charges far less for Disney+ than Netflix charges its average customer, making slowing growth more worrying if it continues.</li></ul><p>Disneyseems to have picked up a bit ofNetflix-itis.</p><p>Just as Netflix added fewer than 4 million global subscribers in the first quarter, disappointing investors, Disney announced it now has 103.6 million Disney+ subscribers, far less than the109 million estimated by analysts.Disney shares slumped about 4% in after-hours trading.</p><p><img src=\"https://static.tigerbbs.com/82adc791025ad718eb7be25366aeb1f9\" tg-width=\"1283\" tg-height=\"612\" referrerpolicy=\"no-referrer\"></p><p>Superficially, both Disney and Netflix can explain away the disappointing growth by citing the surge in viewers earlier in the pandemic. The logic is simple: Far more people signed up for Disney+ and Netflix in the first six months of the pandemic than the companies had counted on. Given the surge, it's only natural that growth would pull back to more \"normal\" levels as the pandemic winds down.</p><p>Further, both Disney and Netflix can safely assume that subscriber growth will accelerate in the second half of the year as show production begins again in earnest and high-profile content — such as \"Loki\" and \"Luca\" for Disney — comes to streaming video later this year.</p><p>But there's one significant difference between the two companies where Disney falls far short: average revenue per user.</p><p>Disney+'s average revenue per user, excluding India's Hotstar, was $5.61 per month. Netflix's ARPU last quarter in the U.S. and Canada was $14.25 per month — up 9% from a year ago.</p><p>If you're going to have slumping growth, you want your customers paying as much as possible. Disney's Hulu subscription video on-demand service has higher ARPU — $12.08 per month — but its growth was negligible, up just 2 cents per month from a year ago. Hulu has 37.8 million subscribers, which rises to 41.6 million when including those who also purchase live TV.</p><p>None of this is particularly concerning yet for Disney Chief Executive Officer Bob Chapek, who noted \"every single market has exceeded expectations\" in terms of global subscriber additions. He also pointed out that Disney is still expanding to new countries, with Malaysia and Thailand coming in June.</p><p>But Disney+ has vaulted into the streaming big leagues. In 2020, the logical comparison for Disney+ wasHBO Max,Peacockand other new media streaming services.</p><p>Given Disney's success, this year's comparison will be Netflix. Disney has already projected 230 million to 260 million subscribers by 2024. That's Netflix-land. Netflix has about 208 million customers.</p><p>Netflix has been able to raise prices gradually over the years without stopping global growth. Disney may be able to do the same — but the stark differences in ARPU between the two companies illustrate the long road ahead.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DIS":"迪士尼","NFLX":"奈飞"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143623731","content_text":"Disney reported 103.6 million Disney+ customers as of April 3. Analysts had projected 109 million.Disney's disappointing subscriber additions resemble Netflix's last quarter.But Disney charges far less for Disney+ than Netflix charges its average customer, making slowing growth more worrying if it continues.Disneyseems to have picked up a bit ofNetflix-itis.Just as Netflix added fewer than 4 million global subscribers in the first quarter, disappointing investors, Disney announced it now has 103.6 million Disney+ subscribers, far less than the109 million estimated by analysts.Disney shares slumped about 4% in after-hours trading.Superficially, both Disney and Netflix can explain away the disappointing growth by citing the surge in viewers earlier in the pandemic. The logic is simple: Far more people signed up for Disney+ and Netflix in the first six months of the pandemic than the companies had counted on. Given the surge, it's only natural that growth would pull back to more \"normal\" levels as the pandemic winds down.Further, both Disney and Netflix can safely assume that subscriber growth will accelerate in the second half of the year as show production begins again in earnest and high-profile content — such as \"Loki\" and \"Luca\" for Disney — comes to streaming video later this year.But there's one significant difference between the two companies where Disney falls far short: average revenue per user.Disney+'s average revenue per user, excluding India's Hotstar, was $5.61 per month. Netflix's ARPU last quarter in the U.S. and Canada was $14.25 per month — up 9% from a year ago.If you're going to have slumping growth, you want your customers paying as much as possible. Disney's Hulu subscription video on-demand service has higher ARPU — $12.08 per month — but its growth was negligible, up just 2 cents per month from a year ago. Hulu has 37.8 million subscribers, which rises to 41.6 million when including those who also purchase live TV.None of this is particularly concerning yet for Disney Chief Executive Officer Bob Chapek, who noted \"every single market has exceeded expectations\" in terms of global subscriber additions. He also pointed out that Disney is still expanding to new countries, with Malaysia and Thailand coming in June.But Disney+ has vaulted into the streaming big leagues. In 2020, the logical comparison for Disney+ wasHBO Max,Peacockand other new media streaming services.Given Disney's success, this year's comparison will be Netflix. Disney has already projected 230 million to 260 million subscribers by 2024. That's Netflix-land. Netflix has about 208 million customers.Netflix has been able to raise prices gradually over the years without stopping global growth. Disney may be able to do the same — but the stark differences in ARPU between the two companies illustrate the long road ahead.","news_type":1},"isVote":1,"tweetType":1,"viewCount":131,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":191245439,"gmtCreate":1620884241821,"gmtModify":1634195557888,"author":{"id":"3583052434725785","authorId":"3583052434725785","name":"RachelNguyen","avatar":"https://static.tigerbbs.com/6b3a98cc794df7269e76d0163289ecfb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583052434725785","authorIdStr":"3583052434725785"},"themes":[],"htmlText":"Then the gas&nbsp;Stocks up","listText":"Then the gas&nbsp;Stocks up","text":"Then the gas Stocks up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/191245439","repostId":"1158130984","repostType":4,"repost":{"id":"1158130984","pubTimestamp":1620883841,"share":"https://www.laohu8.com/m/news/1158130984?lang=&edition=full","pubTime":"2021-05-13 13:30","market":"fut","language":"en","title":"Biden Lifts U.S. Ship Mandate to Ease Gasoline Shortages","url":"https://stock-news.laohu8.com/highlight/detail?id=1158130984","media":"Bloomberg","summary":"(Bloomberg) -- The Biden administration temporarily eased century-old U.S. shipping requirements to ","content":"<p>(Bloomberg) -- The Biden administration temporarily eased century-old U.S. shipping requirements to allow foreign tankers to transport gasoline and diesel to fuel-starved areas of the country following the Colonial Pipeline outage.</p><p>A waiver has been issued for a single company to the 101-year-old Jones Act, which stipulates goods transported between U.S. ports be carried on ships built in the U.S. and crewed by American workers, Homeland Security Secretary Alejandro Mayorkas said in a Thursday statement.</p><p>The move is designed to address fuel shortages spurred by the cyberattack on the Colonial Pipeline, which shut down a major artery for gasoline, diesel and jet fuel across the U.S. East Coast. Even with fuel shipments resuming from around 5 p.m. Eastern time Wednesday, it’s unclear how long it will take for the network to return to normal.</p><p>“This waiver will enable the transport of additional gas and jet fuel between the Gulf Coast and East Coast ports to ease supply constraints,” White House Press Secretary Jen Psaki said in a statement.</p><p>Biden is also urging Americans “to just purchase what they need, and not hoard fuel, as supply is restored,” Psaki said. Gasoline stations from Florida to Virginia have reported running dry after Colonial was forced to take systems offline on May 7, and pump prices soared above $3 a gallon for the first time in six years.</p><p>While the government has temporarily lifted U.S. ship requirements to combat fuel shortages after Superstorm Sandy, Hurricane Harvey and other natural disasters, the issue is politically fraught. The Jones Act is championed by some of the nation’s biggest shipbuilders and vessel operators, as well as their allies on Capitol Hill. It also has the backing of a key Biden constituency in organized labor, including the Seafarers International Union.</p><p>What the Jones Act Has to Do With Your Car’s Gas Tank: QuickTake</p><p>Waiving the requirements could allow foreign-flagged tankers to fill the supply gap left by the interruption to the pipeline. It would take roughly six to seven days for a tanker to carry fuel from the Gulf Coast to New York Harbor.</p>","source":"lsy1612507957220","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>Biden Lifts U.S. Ship Mandate to Ease Gasoline Shortages</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\">\nBiden Lifts U.S. Ship Mandate to Ease Gasoline Shortages\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-13 13:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/biden-lifts-u-ship-mandate-051805026.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- The Biden administration temporarily eased century-old U.S. shipping requirements to allow foreign tankers to transport gasoline and diesel to fuel-starved areas of the country ...</p>\n\n<a href=\"https://finance.yahoo.com/news/biden-lifts-u-ship-mandate-051805026.html\">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://finance.yahoo.com/news/biden-lifts-u-ship-mandate-051805026.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1158130984","content_text":"(Bloomberg) -- The Biden administration temporarily eased century-old U.S. shipping requirements to allow foreign tankers to transport gasoline and diesel to fuel-starved areas of the country following the Colonial Pipeline outage.A waiver has been issued for a single company to the 101-year-old Jones Act, which stipulates goods transported between U.S. ports be carried on ships built in the U.S. and crewed by American workers, Homeland Security Secretary Alejandro Mayorkas said in a Thursday statement.The move is designed to address fuel shortages spurred by the cyberattack on the Colonial Pipeline, which shut down a major artery for gasoline, diesel and jet fuel across the U.S. East Coast. Even with fuel shipments resuming from around 5 p.m. Eastern time Wednesday, it’s unclear how long it will take for the network to return to normal.“This waiver will enable the transport of additional gas and jet fuel between the Gulf Coast and East Coast ports to ease supply constraints,” White House Press Secretary Jen Psaki said in a statement.Biden is also urging Americans “to just purchase what they need, and not hoard fuel, as supply is restored,” Psaki said. Gasoline stations from Florida to Virginia have reported running dry after Colonial was forced to take systems offline on May 7, and pump prices soared above $3 a gallon for the first time in six years.While the government has temporarily lifted U.S. ship requirements to combat fuel shortages after Superstorm Sandy, Hurricane Harvey and other natural disasters, the issue is politically fraught. The Jones Act is championed by some of the nation’s biggest shipbuilders and vessel operators, as well as their allies on Capitol Hill. It also has the backing of a key Biden constituency in organized labor, including the Seafarers International Union.What the Jones Act Has to Do With Your Car’s Gas Tank: QuickTakeWaiving the requirements could allow foreign-flagged tankers to fill the supply gap left by the interruption to the pipeline. It would take roughly six to seven days for a tanker to carry fuel from the Gulf Coast to New York Harbor.","news_type":1},"isVote":1,"tweetType":1,"viewCount":214,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"followers","isTTM":false}