JimmyChua personal page - To The Moon

JimmyChua

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2023-04-06

Good

Reminder: Holiday Trading Hours during Easter

2024-02-06

Good

DWAC Stock Surges 17% As New Poll Shows Trump With a 5-Point Lead Over Biden

2024-02-06

Need chargers

Tesla's Losing Battle For EV Market Share In Europe Highlights Its Sales Growth Challenge

2024-02-06

Drop please

RBA Leaves Cash Rate at 4.35pc, Keeps Tightening Bias

2024-02-06

T5 soon

Singapore Sees Changi Airport Traffic Hitting Pre-Covid Levels This Year

2024-02-06

Can short?

Meta Platforms Forecast: New Dividend Makes META Stock a Slam-Dunk

2022-11-27

Apple time to adjust down

3 Tech Stocks You Can Count on in This Uncertain Market

2023-04-29

Shareholders better run

First Republic’s Fate Uncertain After Stock’s Harrowing Drop

2021-03-27

Wonder if Toyota and Honda can come into this market more easily since they have experience making cars

Tesla Deliveries Are Coming. They Matter More Than Ever. Here’s What to Expect.

2023-03-12

Some mainstream banks may lend to these banks too

20 Banks That Are Sitting on Huge Potential Securities Losses--As Was SVB

2023-06-05

Thought crypto is decentralised

SEC Sues Binance and CEO Zhao for Breaking US Securities Rules

2021-09-03

Good luck

Chinese EV Startup Iconiq Said to Mull $4 Billion U.S. SPAC Deal

2021-07-04

Depends on how countries deal with covid n the restrictions they impose

Airbnb Stock: Is It A Buy? Here's What Fundamentals, ABNB Stock Chart Action Say

2021-05-30

Can look at Zoom

The Pandemic May Have Changed Vacations – And Travel Stocks Like Airbnb, Marriott, Winnebago – Forever

2021-05-13

It's ok as long as Jack Ma is ok

Alibaba posts loss due to anti-monopoly fine but beats revenue expectations

2021-04-17

Hard to say

Airbnb CEO says company is going to need millions more hosts to meet surging demand

2021-03-21

Wow

Here Are The Stocks To Watch Ahead Of Today's Quad-Witch Gamma 'Unclenching'

2021-05-12

Awesome

Tiger Brokers to be Added to the MSCI China All Shares Index

2021-03-26

Nokia is cool

Some “meme” stocks are flying again.

2023-10-28

Can nio use self charging points?

Could Nio Be a Millionaire-Maker Stock?

Go to Tiger App to see more news

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}\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; 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21:42</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>EV shares gained in morning trading.</p><p>VinFast rose 10%; Faraday Future rose 9%; Li Auto rose nearly 4%; XPeng rose 2%; Rivian rose 2%; Nio rose about 1%; Tesla rose about 1%.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/7ffa08d1af83dede5b9108230a040c0e\" title=\"\" tg-width=\"312\" tg-height=\"340\"/></p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1119891979","content_text":"EV shares gained in morning trading.VinFast rose 10%; Faraday Future rose 9%; Li Auto rose nearly 4%; XPeng rose 2%; Rivian rose 2%; Nio rose about 1%; Tesla rose about 1%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":710,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":300909822034048,"gmtCreate":1714483734108,"gmtModify":1714483737443,"author":{"id":"3574984385549978","authorId":"3574984385549978","name":"JimmyChua","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574984385549978","authorIdStr":"3574984385549978"},"themes":[],"htmlText":"No difference&nbsp;","listText":"No difference&nbsp;","text":"No difference","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/300909822034048","repostId":"1141296723","repostType":4,"repost":{"id":"1141296723","kind":"news","pubTimestamp":1714473238,"share":"https://ttm.financial/m/news/1141296723?lang=&edition=fundamental","pubTime":"2024-04-30 18:33","market":"sg","language":"en","title":"Singapore Regulator Ends DBS' Six-Month Digital Banking Penalty","url":"https://stock-news.laohu8.com/highlight/detail?id=1141296723","media":"Bloomberg","summary":"MAS keeps 1.8 times multiplier on capital requirementRegulator monitoring DBS’s progress to ensure reliabilitySingapore’s financial regulator is ending a six-month ban that restricted DBS Group Holdin","content":"<html><head></head><body><ul style=\"\"><li><p>MAS keeps 1.8 times multiplier on capital requirement</p></li><li><p>Regulator monitoring DBS’s progress to ensure reliability</p></li></ul><p>Singapore’s financial regulator is ending a six-month ban that restricted DBS Group Holdings Ltd. from non-essential activities, after the country’s largest lender improved weaknesses related to a series of glitches in its digital banking services.</p><p>The bank “has made substantive progress to address the shortcomings identified from service disruptions experienced by its customers in 2023,” the Monetary Authority of Singapore said in a statement on Tuesday. The measures that were effective on Nov. 1 included a ban on acquiring new business ventures and reducing the size of its local branch and ATM networks.</p><p>MAS is keeping the elevated additional capital requirement on DBS’ risk-weighted assets for operational risks, which was put in place in May 2023. The 1.8 times multiplier translated to about S$1.6 billion ($1.2 billion) in total additional regulatory capital at the time.</p><p>The regulator will closely monitor the bank’s progress on the remaining improvements as well as the effectiveness of the measures implemented, it said. The additional capital requirement will be lifted when the bank has showed its ability to maintain service availability and reliability, and handle any disruptions effectively, MAS said.</p><p>“The pause has allowed us to reflect on the areas we needed to improve on, and to better address them,” Chief Executive Officer Piyush Gupta said in a separate statement. The lender continues to simplify and boost its systems architecture, among other measures, according to DBS, which reports first-quarter results on Thursday.</p></body></html>","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>Singapore Regulator Ends DBS' Six-Month Digital Banking Penalty</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\">\nSingapore Regulator Ends DBS' Six-Month Digital Banking Penalty\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-30 18:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2024-04-30/singapore-regulator-ends-dbs-six-month-digital-banking-penalty?srnd=homepage-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>MAS keeps 1.8 times multiplier on capital requirementRegulator monitoring DBS’s progress to ensure reliabilitySingapore’s financial regulator is ending a six-month ban that restricted DBS Group ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2024-04-30/singapore-regulator-ends-dbs-six-month-digital-banking-penalty?srnd=homepage-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"D05.SI":"星展集团控股"},"source_url":"https://www.bloomberg.com/news/articles/2024-04-30/singapore-regulator-ends-dbs-six-month-digital-banking-penalty?srnd=homepage-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1141296723","content_text":"MAS keeps 1.8 times multiplier on capital requirementRegulator monitoring DBS’s progress to ensure reliabilitySingapore’s financial regulator is ending a six-month ban that restricted DBS Group Holdings Ltd. from non-essential activities, after the country’s largest lender improved weaknesses related to a series of glitches in its digital banking services.The bank “has made substantive progress to address the shortcomings identified from service disruptions experienced by its customers in 2023,” the Monetary Authority of Singapore said in a statement on Tuesday. The measures that were effective on Nov. 1 included a ban on acquiring new business ventures and reducing the size of its local branch and ATM networks.MAS is keeping the elevated additional capital requirement on DBS’ risk-weighted assets for operational risks, which was put in place in May 2023. The 1.8 times multiplier translated to about S$1.6 billion ($1.2 billion) in total additional regulatory capital at the time.The regulator will closely monitor the bank’s progress on the remaining improvements as well as the effectiveness of the measures implemented, it said. The additional capital requirement will be lifted when the bank has showed its ability to maintain service availability and reliability, and handle any disruptions effectively, MAS said.“The pause has allowed us to reflect on the areas we needed to improve on, and to better address them,” Chief Executive Officer Piyush Gupta said in a separate statement. The lender continues to simplify and boost its systems architecture, among other measures, according to DBS, which reports first-quarter results on Thursday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":826,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":300909728333872,"gmtCreate":1714483708168,"gmtModify":1714483711782,"author":{"id":"3574984385549978","authorId":"3574984385549978","name":"JimmyChua","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574984385549978","authorIdStr":"3574984385549978"},"themes":[],"htmlText":"Eat fresh n healthy","listText":"Eat fresh n healthy","text":"Eat fresh n healthy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/300909728333872","repostId":"2431731431","repostType":2,"repost":{"id":"2431731431","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1714475124,"share":"https://ttm.financial/m/news/2431731431?lang=&edition=fundamental","pubTime":"2024-04-30 19:05","market":"hk","language":"en","title":"Mcdonald's Sales Miss Estimates as Customers Cut Back Spending","url":"https://stock-news.laohu8.com/highlight/detail?id=2431731431","media":"Reuters","summary":"McDonald&#39;s (NYSE:MCD) reported quarterly earnings of $2.70 per share which missed the analyst consensus estimate of $2.72 by 0.74 percent.  The company reported quarterly sales of $6.17 billion which beat the analyst","content":"<html><head></head><body><p>McDonald&#39;s (MCD.N), opens new tab fell short of Wall Street estimates for first-quarter sales on Tuesday as budget-conscious consumers cut back on restaurant meals and the Middle East conflict weighed on the burger chain&#39;s international sales.</p><p>The company&#39;s shares fell about 2% in premarket trading, after slipping nearly 8% so far this year.</p><p>Global comparable sales growth slid for the fourth straight quarter to 1.9%, with the company saying consumers turned &#34;more discriminating with every dollar they spend&#34;. Analysts had estimated a 2.35% rise, according to LSEG data.</p><p>The company has raised prices by roughly mid- to high-single-digit percentage over the past year in response to a rise in costs of eggs and other raw items.</p><p>Comparable sales in the company&#39;s International Developmental Licensed Markets segment, which made up 10% of its overall revenue in 2023, declined 0.2%, offsetting positive trends from Japan, Latin America and Europe. Analysts had expected a 0.98% rise for the unit.</p><p>Earlier in March, McDonald&#39;s CFO Ian Borden had warned of a sequential fall in international sales in the first quarter, pressured by the conflict in the Middle East and a sluggish Chinese economy, its second-largest market after the United States.</p><p>Higher competition for breakfast hour spending in the United States has prompted the burger giant to lean on low-priced menu choices including breakfast value bundles and a Dollar Menu under the $4 price point.</p><p>First-quarter same-store sales grew 2.5% in the United States, sharply lower than a 12.6% growth last year and slightly below estimates of a 2.55% growth, signaling that cash-strapped Americans remained picky about offers at fast-food chains amid still-high inflation.</p><p>McDonald&#39;s posted quarterly adjusted per-share profit of $2.70. Analysts had estimated $2.72, according to LSEG data. Total operating costs and expenses increased 2% to $3.43 billion.</p></body></html>","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>Mcdonald's Sales Miss Estimates as Customers Cut Back Spending</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\">\nMcdonald's Sales Miss Estimates as Customers Cut Back Spending\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-04-30 19:05</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>McDonald&#39;s (MCD.N), opens new tab fell short of Wall Street estimates for first-quarter sales on Tuesday as budget-conscious consumers cut back on restaurant meals and the Middle East conflict weighed on the burger chain&#39;s international sales.</p><p>The company&#39;s shares fell about 2% in premarket trading, after slipping nearly 8% so far this year.</p><p>Global comparable sales growth slid for the fourth straight quarter to 1.9%, with the company saying consumers turned &#34;more discriminating with every dollar they spend&#34;. Analysts had estimated a 2.35% rise, according to LSEG data.</p><p>The company has raised prices by roughly mid- to high-single-digit percentage over the past year in response to a rise in costs of eggs and other raw items.</p><p>Comparable sales in the company&#39;s International Developmental Licensed Markets segment, which made up 10% of its overall revenue in 2023, declined 0.2%, offsetting positive trends from Japan, Latin America and Europe. Analysts had expected a 0.98% rise for the unit.</p><p>Earlier in March, McDonald&#39;s CFO Ian Borden had warned of a sequential fall in international sales in the first quarter, pressured by the conflict in the Middle East and a sluggish Chinese economy, its second-largest market after the United States.</p><p>Higher competition for breakfast hour spending in the United States has prompted the burger giant to lean on low-priced menu choices including breakfast value bundles and a Dollar Menu under the $4 price point.</p><p>First-quarter same-store sales grew 2.5% in the United States, sharply lower than a 12.6% growth last year and slightly below estimates of a 2.55% growth, signaling that cash-strapped Americans remained picky about offers at fast-food chains amid still-high inflation.</p><p>McDonald&#39;s posted quarterly adjusted per-share profit of $2.70. Analysts had estimated $2.72, according to LSEG data. Total operating costs and expenses increased 2% to $3.43 billion.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MCD":"麦当劳"},"source_url":"https://www.benzinga.com/news/earnings/24/04/38514684/mcdonalds-q1-2024-adj-eps-2-70-misses-2-72-estimate-sales-6-17b-beat-6-16b-estimate","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2431731431","content_text":"McDonald's (MCD.N), opens new tab fell short of Wall Street estimates for first-quarter sales on Tuesday as budget-conscious consumers cut back on restaurant meals and the Middle East conflict weighed on the burger chain's international sales.The company's shares fell about 2% in premarket trading, after slipping nearly 8% so far this year.Global comparable sales growth slid for the fourth straight quarter to 1.9%, with the company saying consumers turned \"more discriminating with every dollar they spend\". Analysts had estimated a 2.35% rise, according to LSEG data.The company has raised prices by roughly mid- to high-single-digit percentage over the past year in response to a rise in costs of eggs and other raw items.Comparable sales in the company's International Developmental Licensed Markets segment, which made up 10% of its overall revenue in 2023, declined 0.2%, offsetting positive trends from Japan, Latin America and Europe. Analysts had expected a 0.98% rise for the unit.Earlier in March, McDonald's CFO Ian Borden had warned of a sequential fall in international sales in the first quarter, pressured by the conflict in the Middle East and a sluggish Chinese economy, its second-largest market after the United States.Higher competition for breakfast hour spending in the United States has prompted the burger giant to lean on low-priced menu choices including breakfast value bundles and a Dollar Menu under the $4 price point.First-quarter same-store sales grew 2.5% in the United States, sharply lower than a 12.6% growth last year and slightly below estimates of a 2.55% growth, signaling that cash-strapped Americans remained picky about offers at fast-food chains amid still-high inflation.McDonald's posted quarterly adjusted per-share profit of $2.70. Analysts had estimated $2.72, according to LSEG data. Total operating costs and expenses increased 2% to $3.43 billion.","news_type":1},"isVote":1,"tweetType":1,"viewCount":483,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":300817043521728,"gmtCreate":1714461166372,"gmtModify":1714461170170,"author":{"id":"3574984385549978","authorId":"3574984385549978","name":"JimmyChua","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574984385549978","authorIdStr":"3574984385549978"},"themes":[],"htmlText":"Elections coming","listText":"Elections coming","text":"Elections coming","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/300817043521728","repostId":"1181590815","repostType":2,"repost":{"id":"1181590815","kind":"news","pubTimestamp":1714455000,"share":"https://ttm.financial/m/news/1181590815?lang=&edition=fundamental","pubTime":"2024-04-30 13:30","market":"sg","language":"en","title":"Singapore’s Foreign Worker Numbers Dip First Time in 10 Quarters","url":"https://stock-news.laohu8.com/highlight/detail?id=1181590815","media":"Bloomberg","summary":"Non-resident employment declined mainly in constructionMinistry cites polls showing higher hiring plans by companiesThe number of foreign workers in Singapore fell for the first time in more than two ","content":"<html><head></head><body><ul style=\"\"><li><p>Non-resident employment declined mainly in construction</p></li><li><p>Ministry cites polls showing higher hiring plans by companies</p></li></ul><p>The number of foreign workers in Singapore fell for the first time in more than two years, largely driven by a slump in construction jobs as builders complied with rules requiring reduced dependency on non-residents.</p><p style=\"text-align: start;\">Decline in non-resident employment was also seen in areas like manufacturing as well as information and communications, according to the ’s labor market advance release for the first quarter of 2024. Meantime, applications from foreigners for higher-skilled employment passes have picked up in line with improved business expectations, the report said Tuesday.</p><p style=\"text-align: start;\">The contraction in non-resident employment notwithstanding, overall employment in the city-state grew by 4,900 in the first quarter — notching the 10th straight month of expansion — although gains slowed from 7,500 in the prior quarter. Retrenchments fell to 3,000 from 3,460 in the previous three-month period.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/77fa9778dfa95d89a043e3915fab746d\" tg-width=\"947\" tg-height=\"592\"/></p><p>Singapore, which sees its economy expanding 1%-3% this year, expects labor demand to correspondingly strengthen, with the ministry citing surveys showing more companies have intentions to hire in the next three months.</p><p>Total unemployment edged up slightly to 2.1% in March, with the jobless rate among citizens and long-term residents inching up to 3% and 3.1%, respectively.</p><p style=\"text-align: start;\">The higher jobless rate last quarter wasn’t unexpected, the ministry said, as higher retrenchments in the second half of 2023 foreshadowed the data.</p></body></html>","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>Singapore’s Foreign Worker Numbers Dip First Time in 10 Quarters</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\">\nSingapore’s Foreign Worker Numbers Dip First Time in 10 Quarters\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-30 13:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2024-04-30/singapore-s-expat-worker-numbers-drop-first-time-in-10-quarters?srnd=homepage-americas><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Non-resident employment declined mainly in constructionMinistry cites polls showing higher hiring plans by companiesThe number of foreign workers in Singapore fell for the first time in more than two ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2024-04-30/singapore-s-expat-worker-numbers-drop-first-time-in-10-quarters?srnd=homepage-americas\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.bloomberg.com/news/articles/2024-04-30/singapore-s-expat-worker-numbers-drop-first-time-in-10-quarters?srnd=homepage-americas","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1181590815","content_text":"Non-resident employment declined mainly in constructionMinistry cites polls showing higher hiring plans by companiesThe number of foreign workers in Singapore fell for the first time in more than two years, largely driven by a slump in construction jobs as builders complied with rules requiring reduced dependency on non-residents.Decline in non-resident employment was also seen in areas like manufacturing as well as information and communications, according to the ’s labor market advance release for the first quarter of 2024. Meantime, applications from foreigners for higher-skilled employment passes have picked up in line with improved business expectations, the report said Tuesday.The contraction in non-resident employment notwithstanding, overall employment in the city-state grew by 4,900 in the first quarter — notching the 10th straight month of expansion — although gains slowed from 7,500 in the prior quarter. Retrenchments fell to 3,000 from 3,460 in the previous three-month period.Singapore, which sees its economy expanding 1%-3% this year, expects labor demand to correspondingly strengthen, with the ministry citing surveys showing more companies have intentions to hire in the next three months.Total unemployment edged up slightly to 2.1% in March, with the jobless rate among citizens and long-term residents inching up to 3% and 3.1%, respectively.The higher jobless rate last quarter wasn’t unexpected, the ministry said, as higher retrenchments in the second half of 2023 foreshadowed the data.","news_type":1},"isVote":1,"tweetType":1,"viewCount":864,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":299135135830256,"gmtCreate":1714057267305,"gmtModify":1714057590138,"author":{"id":"3574984385549978","authorId":"3574984385549978","name":"JimmyChua","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574984385549978","authorIdStr":"3574984385549978"},"themes":[],"htmlText":"Buy","listText":"Buy","text":"Buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/299135135830256","repostId":"1118286271","repostType":2,"repost":{"id":"1118286271","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings","home_visible":1,"media_name":"TigerNews SG","id":"1050470178","head_image":"https://community-static.tradeup.com/news/f17a9a7b68c877792d5e556261e9e709"},"pubTimestamp":1711434152,"share":"https://ttm.financial/m/news/1118286271?lang=&edition=fundamental","pubTime":"2024-03-26 14:22","market":"us","language":"en","title":"DBS Maintains Up Fintech BUY Rating With TP of US$5.8","url":"https://stock-news.laohu8.com/highlight/detail?id=1118286271","media":"TigerNews SG","summary":"BUYLast Traded Price (20 Mar 2024): US$4.06 (NASDAQ : 16,369)Price Target 12-mth: US$5.80 (43% upside) (Prev US$6.20)What’s New 4Q23 non-GAAP net earnings declined to US$1.1m; largely in line if exclu","content":"<h2 id=\"id_2388069793\">BUY</h2><p>Last Traded Price (20 Mar 2024): US$4.06 (NASDAQ : 16,369)</p><p>Price Target 12-mth: US$5.80 (43% upside) (Prev US$6.20)</p><h2 id=\"id_2312935736\">What’s New</h2><p>• 4Q23 non-GAAP net earnings declined to US$1.1m; largely in line if excluding impact from wider-than-expected non-cash FX losses</p><p>• Added 39k new clients with higher contribution from SG’s nearby regions; FY24F new client guidance at 150k, slightly above expectations</p><p>• Lowered FY24F/25F earnings by 6%/9% to reflect higher-than-expected contribution from institutional asset that yields lower return, partially offset by stronger client growth</p><p>• Structural improvement in profitability intact; maintain BUY, TP lowered to US$5.8 on same 0.6x FY24F PEG multiple</p><h2 id=\"id_1614065173\">Margin expansion trend intact</h2><h3 id=\"id_12073082\">Investment Thesis</h3><p>Economies of scale from global expansion. Up Fintech, also known as Tiger, is a leading online broker aiming to serve global investors, with Singapore as its major market. Tiger’s user-friendly trading experience and active investor community are its strong competitive advantages, enabling it to grow rapidly and win market share from traditional brokers. Its recent expansion into Australia and Hong Kong has also presented it with greater room for growth and diversification.</p><p>Structural improvement in profitability. We revised down our 24F/25F earnings forecasts by 6%/9% to reflect the higher-than-expected contribution from its institutional asset that yields a lower return, partially offset by stronger client growth and improved sentiment. Yet, we think the structural improvement in profitability remains intact, driven by (1)consistent net asset inflows from clients, (2) self-clearing migration that would drive down clearing costs, and (3) its improving client acquisition efficiency as overseas market operations mature.</p><p>Rebounding market trading volume. We have seen a decent q-o-q rebound in US market ADT in 1Q24 and expect the improving run to last, in view of the expected interest rate cuts. We think Tiger’s trading volume should rebound more evidently than the rest of the market, as retail traders are usually more sensitive to the improved sentiment. The strong US equities market is also a favourable tailwind for Tiger to achieve its FY24 new client acquisition target of 150k.</p><p>Maintain BUY with lower TP of US$5.8 (prev.US$6.20). TP is lowered to reflect the lower earnings forecast. Our TP is based on the same 0.6x FY24F PEG multiple, slightly lower than its peers due to its smaller and less diversified client portfolio, with a 30% earnings CAGR during FY20-25F. This implies 19x FY24F PE.</p><h2 id=\"id_3594149477\">WHAT’S NEW</h2><p>Margin expansion trend intact Non-GAAP net earnings were down to US$1.1m (3Q23/4Q22: US$16.0m/US$4.5m), and below the consensus estimate of US$4.4m. Major drags for the significant q-o-q decline were due to (1) the non-cash FX losses due to USD depreciation (-US$9m q-o-q) and (2) higher seasonal G&amp;A expenses as expected (+US$2m q-o-q). We view the earnings performance to be largely in line as the key surprise was the wider-than-expected non-cash FX losses, which should be non-recurring, as the exchange rate has stabilised since 1Q24.</p><p>Brokerage income was resilient, down 5% q-o-q, reaching US$22m, as the higher notional volume of derivatives (+7%) partially offset the decline in equity volume (-11%). Net interest income, if including short-term investment gains (est. to be US$5m) recorded under other income, would be slightly down to US$29m (3Q23: US$30m) due to higher interest expenses from the higher interest rate.</p><p>Client acquisition in 4Q23 came in stronger than expected, with an addition of 39k during the quarter (3Q23: 25k), the highest over the last eight quarters. Singapore and nearby regions accounted for 60% of the growth, and management suggests the sequential increment was largely contributed by Singapore’s nearby regions, as the company engaged in more online advertising, which reached beyond Singapore. Acquisition efficiency has improved with client acquisition cost (CAC) further lowered to US$148 (3Q23: US$211), while the average deposit from a new SG client reached a record high of US$16k.</p><p>The company also recorded strong client asset inflows of US$8.2bn during the quarter, largely thanks to the onboarding of a few institutional clients. Yet, the majority of the institutions are private market funds that trade much less frequently and have a lower demand for margin financing, thus yielding lower returns for Tiger on the basis of assets under management (AUM). Reflecting the new information that a larger-than-expected part of Tiger’s client assets indeed came from institutions, we revised down our FY24F/25F earnings forecasts by 6%/9% to reflect a lower margin financing forecast. That is partially offset by stronger retail client growth and trading volume projections due to improved market sentiment.</p><p>Looking ahead, we expect 1Q24 profitability to rebound strongly, as (1) US market volume is expected to grow at a mid-teen rate q-o-q, (2) retail-focused brokers like Tiger tend to show greater elasticity, and (3) the exchange rate has stabilised since 2024. The structural improvement in profitability, driven by continuous client and asset growth, remains intact, in our view. </p><p><strong>Maintain BUY with lower TP of US$5.8</strong>. TP is lowered to reflect the lower earnings forecast, as explained above. Our TP is based on the same 0.6x FY24F PEG multiple, slightly lower than its peers due to its smaller and less diversified client portfolio, with a 30% earnings CAGR during FY20-25F. This implies 19x FY24F PE. We think the market might have overreacted to the earnings miss (sh px -10% after results), which was largely due to non-recurring non-cash items. The expected rebound in 1Q24 profitability and consistent client growth will be the key catalysts ahead.</p><p>(Note: Primary analyst changed from Ken Shih to Edmond Fok)</p><p>Company Background</p><p>Up Fintech Holding Ltd, also known as Tiger, is a leading online brokerage firm focusing on global investors. Its proprietary trading platform enables investors to trade in equities and other financial instruments on multiple exchanges around the world. Its platform can be easily accessed through its app and website.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/d7a5c8ab0da3c29b07b6a123a3a9cf5c\" tg-width=\"1170\" tg-height=\"1207\"></p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/195647d0e51f8a7e7f393e04a02593d4\" tg-width=\"1170\" tg-height=\"900\"></p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/f834b63c4cb707362cf988ce9ab864da\" tg-width=\"1170\" tg-height=\"1273\"></p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/645106f7490a9f45bb5d1b03d43089e8\" tg-width=\"1170\" tg-height=\"1801\"></p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/d7a5c8ab0da3c29b07b6a123a3a9cf5c\" tg-width=\"1170\" tg-height=\"1207\"></p><p></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>DBS Maintains Up Fintech BUY Rating With TP of US$5.8</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; 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}\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\">\nDBS Maintains Up Fintech BUY Rating With TP of US$5.8\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1050470178\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/f17a9a7b68c877792d5e556261e9e709);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">TigerNews SG </p>\n<p class=\"h-time\">2024-03-26 14:22</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<h2 id=\"id_2388069793\">BUY</h2><p>Last Traded Price (20 Mar 2024): US$4.06 (NASDAQ : 16,369)</p><p>Price Target 12-mth: US$5.80 (43% upside) (Prev US$6.20)</p><h2 id=\"id_2312935736\">What’s New</h2><p>• 4Q23 non-GAAP net earnings declined to US$1.1m; largely in line if excluding impact from wider-than-expected non-cash FX losses</p><p>• Added 39k new clients with higher contribution from SG’s nearby regions; FY24F new client guidance at 150k, slightly above expectations</p><p>• Lowered FY24F/25F earnings by 6%/9% to reflect higher-than-expected contribution from institutional asset that yields lower return, partially offset by stronger client growth</p><p>• Structural improvement in profitability intact; maintain BUY, TP lowered to US$5.8 on same 0.6x FY24F PEG multiple</p><h2 id=\"id_1614065173\">Margin expansion trend intact</h2><h3 id=\"id_12073082\">Investment Thesis</h3><p>Economies of scale from global expansion. Up Fintech, also known as Tiger, is a leading online broker aiming to serve global investors, with Singapore as its major market. Tiger’s user-friendly trading experience and active investor community are its strong competitive advantages, enabling it to grow rapidly and win market share from traditional brokers. Its recent expansion into Australia and Hong Kong has also presented it with greater room for growth and diversification.</p><p>Structural improvement in profitability. We revised down our 24F/25F earnings forecasts by 6%/9% to reflect the higher-than-expected contribution from its institutional asset that yields a lower return, partially offset by stronger client growth and improved sentiment. Yet, we think the structural improvement in profitability remains intact, driven by (1)consistent net asset inflows from clients, (2) self-clearing migration that would drive down clearing costs, and (3) its improving client acquisition efficiency as overseas market operations mature.</p><p>Rebounding market trading volume. We have seen a decent q-o-q rebound in US market ADT in 1Q24 and expect the improving run to last, in view of the expected interest rate cuts. We think Tiger’s trading volume should rebound more evidently than the rest of the market, as retail traders are usually more sensitive to the improved sentiment. The strong US equities market is also a favourable tailwind for Tiger to achieve its FY24 new client acquisition target of 150k.</p><p>Maintain BUY with lower TP of US$5.8 (prev.US$6.20). TP is lowered to reflect the lower earnings forecast. Our TP is based on the same 0.6x FY24F PEG multiple, slightly lower than its peers due to its smaller and less diversified client portfolio, with a 30% earnings CAGR during FY20-25F. This implies 19x FY24F PE.</p><h2 id=\"id_3594149477\">WHAT’S NEW</h2><p>Margin expansion trend intact Non-GAAP net earnings were down to US$1.1m (3Q23/4Q22: US$16.0m/US$4.5m), and below the consensus estimate of US$4.4m. Major drags for the significant q-o-q decline were due to (1) the non-cash FX losses due to USD depreciation (-US$9m q-o-q) and (2) higher seasonal G&amp;A expenses as expected (+US$2m q-o-q). We view the earnings performance to be largely in line as the key surprise was the wider-than-expected non-cash FX losses, which should be non-recurring, as the exchange rate has stabilised since 1Q24.</p><p>Brokerage income was resilient, down 5% q-o-q, reaching US$22m, as the higher notional volume of derivatives (+7%) partially offset the decline in equity volume (-11%). Net interest income, if including short-term investment gains (est. to be US$5m) recorded under other income, would be slightly down to US$29m (3Q23: US$30m) due to higher interest expenses from the higher interest rate.</p><p>Client acquisition in 4Q23 came in stronger than expected, with an addition of 39k during the quarter (3Q23: 25k), the highest over the last eight quarters. Singapore and nearby regions accounted for 60% of the growth, and management suggests the sequential increment was largely contributed by Singapore’s nearby regions, as the company engaged in more online advertising, which reached beyond Singapore. Acquisition efficiency has improved with client acquisition cost (CAC) further lowered to US$148 (3Q23: US$211), while the average deposit from a new SG client reached a record high of US$16k.</p><p>The company also recorded strong client asset inflows of US$8.2bn during the quarter, largely thanks to the onboarding of a few institutional clients. Yet, the majority of the institutions are private market funds that trade much less frequently and have a lower demand for margin financing, thus yielding lower returns for Tiger on the basis of assets under management (AUM). Reflecting the new information that a larger-than-expected part of Tiger’s client assets indeed came from institutions, we revised down our FY24F/25F earnings forecasts by 6%/9% to reflect a lower margin financing forecast. That is partially offset by stronger retail client growth and trading volume projections due to improved market sentiment.</p><p>Looking ahead, we expect 1Q24 profitability to rebound strongly, as (1) US market volume is expected to grow at a mid-teen rate q-o-q, (2) retail-focused brokers like Tiger tend to show greater elasticity, and (3) the exchange rate has stabilised since 2024. The structural improvement in profitability, driven by continuous client and asset growth, remains intact, in our view. </p><p><strong>Maintain BUY with lower TP of US$5.8</strong>. TP is lowered to reflect the lower earnings forecast, as explained above. Our TP is based on the same 0.6x FY24F PEG multiple, slightly lower than its peers due to its smaller and less diversified client portfolio, with a 30% earnings CAGR during FY20-25F. This implies 19x FY24F PE. We think the market might have overreacted to the earnings miss (sh px -10% after results), which was largely due to non-recurring non-cash items. The expected rebound in 1Q24 profitability and consistent client growth will be the key catalysts ahead.</p><p>(Note: Primary analyst changed from Ken Shih to Edmond Fok)</p><p>Company Background</p><p>Up Fintech Holding Ltd, also known as Tiger, is a leading online brokerage firm focusing on global investors. Its proprietary trading platform enables investors to trade in equities and other financial instruments on multiple exchanges around the world. Its platform can be easily accessed through its app and website.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/d7a5c8ab0da3c29b07b6a123a3a9cf5c\" tg-width=\"1170\" tg-height=\"1207\"></p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/195647d0e51f8a7e7f393e04a02593d4\" tg-width=\"1170\" tg-height=\"900\"></p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/f834b63c4cb707362cf988ce9ab864da\" tg-width=\"1170\" tg-height=\"1273\"></p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/645106f7490a9f45bb5d1b03d43089e8\" tg-width=\"1170\" tg-height=\"1801\"></p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/d7a5c8ab0da3c29b07b6a123a3a9cf5c\" tg-width=\"1170\" tg-height=\"1207\"></p><p></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TIGR":"老虎证券"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1118286271","content_text":"BUYLast Traded Price (20 Mar 2024): US$4.06 (NASDAQ : 16,369)Price Target 12-mth: US$5.80 (43% upside) (Prev US$6.20)What’s New• 4Q23 non-GAAP net earnings declined to US$1.1m; largely in line if excluding impact from wider-than-expected non-cash FX losses• Added 39k new clients with higher contribution from SG’s nearby regions; FY24F new client guidance at 150k, slightly above expectations• Lowered FY24F/25F earnings by 6%/9% to reflect higher-than-expected contribution from institutional asset that yields lower return, partially offset by stronger client growth• Structural improvement in profitability intact; maintain BUY, TP lowered to US$5.8 on same 0.6x FY24F PEG multipleMargin expansion trend intactInvestment ThesisEconomies of scale from global expansion. Up Fintech, also known as Tiger, is a leading online broker aiming to serve global investors, with Singapore as its major market. Tiger’s user-friendly trading experience and active investor community are its strong competitive advantages, enabling it to grow rapidly and win market share from traditional brokers. Its recent expansion into Australia and Hong Kong has also presented it with greater room for growth and diversification.Structural improvement in profitability. We revised down our 24F/25F earnings forecasts by 6%/9% to reflect the higher-than-expected contribution from its institutional asset that yields a lower return, partially offset by stronger client growth and improved sentiment. Yet, we think the structural improvement in profitability remains intact, driven by (1)consistent net asset inflows from clients, (2) self-clearing migration that would drive down clearing costs, and (3) its improving client acquisition efficiency as overseas market operations mature.Rebounding market trading volume. We have seen a decent q-o-q rebound in US market ADT in 1Q24 and expect the improving run to last, in view of the expected interest rate cuts. We think Tiger’s trading volume should rebound more evidently than the rest of the market, as retail traders are usually more sensitive to the improved sentiment. The strong US equities market is also a favourable tailwind for Tiger to achieve its FY24 new client acquisition target of 150k.Maintain BUY with lower TP of US$5.8 (prev.US$6.20). TP is lowered to reflect the lower earnings forecast. Our TP is based on the same 0.6x FY24F PEG multiple, slightly lower than its peers due to its smaller and less diversified client portfolio, with a 30% earnings CAGR during FY20-25F. This implies 19x FY24F PE.WHAT’S NEWMargin expansion trend intact Non-GAAP net earnings were down to US$1.1m (3Q23/4Q22: US$16.0m/US$4.5m), and below the consensus estimate of US$4.4m. Major drags for the significant q-o-q decline were due to (1) the non-cash FX losses due to USD depreciation (-US$9m q-o-q) and (2) higher seasonal G&A expenses as expected (+US$2m q-o-q). We view the earnings performance to be largely in line as the key surprise was the wider-than-expected non-cash FX losses, which should be non-recurring, as the exchange rate has stabilised since 1Q24.Brokerage income was resilient, down 5% q-o-q, reaching US$22m, as the higher notional volume of derivatives (+7%) partially offset the decline in equity volume (-11%). Net interest income, if including short-term investment gains (est. to be US$5m) recorded under other income, would be slightly down to US$29m (3Q23: US$30m) due to higher interest expenses from the higher interest rate.Client acquisition in 4Q23 came in stronger than expected, with an addition of 39k during the quarter (3Q23: 25k), the highest over the last eight quarters. Singapore and nearby regions accounted for 60% of the growth, and management suggests the sequential increment was largely contributed by Singapore’s nearby regions, as the company engaged in more online advertising, which reached beyond Singapore. Acquisition efficiency has improved with client acquisition cost (CAC) further lowered to US$148 (3Q23: US$211), while the average deposit from a new SG client reached a record high of US$16k.The company also recorded strong client asset inflows of US$8.2bn during the quarter, largely thanks to the onboarding of a few institutional clients. Yet, the majority of the institutions are private market funds that trade much less frequently and have a lower demand for margin financing, thus yielding lower returns for Tiger on the basis of assets under management (AUM). Reflecting the new information that a larger-than-expected part of Tiger’s client assets indeed came from institutions, we revised down our FY24F/25F earnings forecasts by 6%/9% to reflect a lower margin financing forecast. That is partially offset by stronger retail client growth and trading volume projections due to improved market sentiment.Looking ahead, we expect 1Q24 profitability to rebound strongly, as (1) US market volume is expected to grow at a mid-teen rate q-o-q, (2) retail-focused brokers like Tiger tend to show greater elasticity, and (3) the exchange rate has stabilised since 2024. The structural improvement in profitability, driven by continuous client and asset growth, remains intact, in our view. Maintain BUY with lower TP of US$5.8. TP is lowered to reflect the lower earnings forecast, as explained above. Our TP is based on the same 0.6x FY24F PEG multiple, slightly lower than its peers due to its smaller and less diversified client portfolio, with a 30% earnings CAGR during FY20-25F. This implies 19x FY24F PE. We think the market might have overreacted to the earnings miss (sh px -10% after results), which was largely due to non-recurring non-cash items. The expected rebound in 1Q24 profitability and consistent client growth will be the key catalysts ahead.(Note: Primary analyst changed from Ken Shih to Edmond Fok)Company BackgroundUp Fintech Holding Ltd, also known as Tiger, is a leading online brokerage firm focusing on global investors. Its proprietary trading platform enables investors to trade in equities and other financial instruments on multiple exchanges around the world. Its platform can be easily accessed through its app and website.","news_type":1},"isVote":1,"tweetType":1,"viewCount":507,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":297341130035472,"gmtCreate":1713621736170,"gmtModify":1713621740241,"author":{"id":"3574984385549978","authorId":"3574984385549978","name":"JimmyChua","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574984385549978","authorIdStr":"3574984385549978"},"themes":[],"htmlText":"work with China too. plus u are doing a poor job as finance minister. hawker food up due to high rent. gst up. hdb very ex. no real action to solve underlying to help locals have kids","listText":"work with China too. plus u are doing a poor job as finance minister. hawker food up due to high rent. gst up. hdb very ex. no real action to solve underlying to help locals have kids","text":"work with China too. plus u are doing a poor job as finance minister. hawker food up due to high rent. gst up. hdb very ex. no real action to solve underlying to help locals have kids","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/297341130035472","isVote":1,"tweetType":1,"viewCount":830,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":284211632963888,"gmtCreate":1710403614843,"gmtModify":1710403618226,"author":{"id":"3574984385549978","authorId":"3574984385549978","name":"JimmyChua","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574984385549978","authorIdStr":"3574984385549978"},"themes":[],"htmlText":"Chat GPT may enter it's market&nbsp;","listText":"Chat GPT may enter it's market&nbsp;","text":"Chat GPT may enter it's market","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/284211632963888","repostId":"2419649324","repostType":2,"repost":{"id":"2419649324","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1710402600,"share":"https://ttm.financial/m/news/2419649324?lang=&edition=fundamental","pubTime":"2024-03-14 15:50","market":"us","language":"en","title":"Adobe Is Reporting Its Earnings. Investors Keep Worrying About AI","url":"https://stock-news.laohu8.com/highlight/detail?id=2419649324","media":"Dow Jones","summary":"One continuing debate about generative artificial intelligence and the software sector is whether the trend helps or hurts Adobe, the leading provider of creative software tools such as Photoshop, Ill","content":"<html><head></head><body><p style=\"text-align: start;\">One continuing debate about generative artificial intelligence and the software sector is whether the trend helps or hurts Adobe, the leading provider of creative software tools such as Photoshop, Illustrator, and InDesign. </p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/936afbbf989cd89736e83876bd76a729\" alt=\"Adobe’s office in Bangalore, India. Some investors are nervous about the outlook for the stock given tools available from AI-focused software companies.\" title=\"Adobe’s office in Bangalore, India. Some investors are nervous about the outlook for the stock given tools available from AI-focused software companies.\" tg-width=\"955\" tg-height=\"637\"/><span>Adobe’s office in Bangalore, India. Some investors are nervous about the outlook for the stock given tools available from AI-focused software companies.</span></p><p style=\"text-align: start;\">Adobe shares slipped when the first wave of text-to-image tools appeared a year or so ago. But the stock surged as Adobe took an aggressive stance to rolling out its own AI products, focusing in particular on serving corporate customers and indemnifying them against any potential intellectual-property litigation. The company’s Firefly suite of AI tools includes features like text-to-image functionality and AI-powered photo editing.</p><p>More recently, some investors have become nervous again, given the continued progress of tools from AI-focused software companies. OpenAI’s Sora, stunning text-to-video software that it has demonstrated but not rolled out commercially, is a particular worry.</p><p>While Adobe shares were up about 72% over the past 12 months as of the close on Wednesday, the stock was down 3.9% so far this year. Other AI stocks had racked up huge gains: Super Micro Computer was up 318%; Nvidia, 84%; Arm Holdings, 85%; Dell Technologies, 44%; and Palantir Technologies, 46%.</p><p>Investors will get new insights into the Adobe story when the company reports its financial results after the close of trading Thursday.</p><p>For the February quarter, Adobe has projected revenue of $5.1 billion to $5.15 billion, with an adjusted profit of $4.35 to $4.40 a share. The consensus calls among Wall Street analysts tracked by FactSet are for revenue of $5.14 billion and an adjusted profit of $4.38 a share.</p><p>The company expects revenue from its digital-media segment of between $3.77 billion and $3.82 billion, while the Street sees $3.79 billion. Management expects revenue from the digital-experience segment of $1.27 billion to $1.29 billion, a call that more or less matches the Street consensus for $1.28 billion.</p><p>Adobe also has projected net new digital-media annualized recurring revenue—a closely watched measure of the growth of the company’s subscription business—of $410 million.</p><p>For the May quarter, Street consensus estimates call for revenue of $5.31 billion, including $3.9 billion from the digital-media segment and $1.33 billion from the digital experience segment. The adjusted profit is expected to come in at $4.38 a share.</p><p>For the November 2024 fiscal year, Adobe’s guidance calls for revenue of $21.3 billion to $21.5 billion, digital-media revenue of $15.75 billion to $15.85 billion, digital-experience revenue of $5.275 billion to $5.375 billion, and net new digital-media annual recurring revenue of about $1.9 billion. The company sees full-year profits on an adjusted basis of $17.60 to $18 a share.</p><p>RBC Capital analyst Matthew Swanson, who rates the stock at Outperform with a target of $650 for the price, said in a research note that he expects solid results. Annualized recurring revenue from digital media could come in higher than expected, he said.</p><p>While Swanson thinks the numbers should be positive, what will really matter will be the underlying drivers of the results, he said. In particular, the RBC analyst said, investors want to see “the incremental benefit from GenAI models and runway for future model rollouts particularly video, which has become a growing topic of investor interest following competitive product launches.” Sora is the biggest concern.</p><p>“This feels like a similar conversation to the one we were having about generative images a year ago, and would expect management to emphasize their focus on delivering an integrated enterprise-grade solution as opposed to being first to market,” Swanson wrote.</p><p>Citi analyst Tyler Radke has a Neutral rating on Adobe shares, and recently trimmed his target for the stock price to $628, from $632. He also sees a respectable quarter for Adobe, aided by price increases and “solid new user acquisitions.”</p><p>But he too noted that the OpenAI Sora launch has been weighing on Adobe shares. “We believe the industry developments are unlikely to have a near-term impact on numbers, though we do see greater long-term competitive uncertainty,” Radke wrote. He said he sees risks that Gen AI-driven competition could pressure the stock’s price relative to earnings over time.</p></body></html>","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>Adobe Is Reporting Its Earnings. Investors Keep Worrying About AI</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\">\nAdobe Is Reporting Its Earnings. Investors Keep Worrying About AI\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-03-14 15:50</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p style=\"text-align: start;\">One continuing debate about generative artificial intelligence and the software sector is whether the trend helps or hurts Adobe, the leading provider of creative software tools such as Photoshop, Illustrator, and InDesign. </p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/936afbbf989cd89736e83876bd76a729\" alt=\"Adobe’s office in Bangalore, India. Some investors are nervous about the outlook for the stock given tools available from AI-focused software companies.\" title=\"Adobe’s office in Bangalore, India. Some investors are nervous about the outlook for the stock given tools available from AI-focused software companies.\" tg-width=\"955\" tg-height=\"637\"/><span>Adobe’s office in Bangalore, India. Some investors are nervous about the outlook for the stock given tools available from AI-focused software companies.</span></p><p style=\"text-align: start;\">Adobe shares slipped when the first wave of text-to-image tools appeared a year or so ago. But the stock surged as Adobe took an aggressive stance to rolling out its own AI products, focusing in particular on serving corporate customers and indemnifying them against any potential intellectual-property litigation. The company’s Firefly suite of AI tools includes features like text-to-image functionality and AI-powered photo editing.</p><p>More recently, some investors have become nervous again, given the continued progress of tools from AI-focused software companies. OpenAI’s Sora, stunning text-to-video software that it has demonstrated but not rolled out commercially, is a particular worry.</p><p>While Adobe shares were up about 72% over the past 12 months as of the close on Wednesday, the stock was down 3.9% so far this year. Other AI stocks had racked up huge gains: Super Micro Computer was up 318%; Nvidia, 84%; Arm Holdings, 85%; Dell Technologies, 44%; and Palantir Technologies, 46%.</p><p>Investors will get new insights into the Adobe story when the company reports its financial results after the close of trading Thursday.</p><p>For the February quarter, Adobe has projected revenue of $5.1 billion to $5.15 billion, with an adjusted profit of $4.35 to $4.40 a share. The consensus calls among Wall Street analysts tracked by FactSet are for revenue of $5.14 billion and an adjusted profit of $4.38 a share.</p><p>The company expects revenue from its digital-media segment of between $3.77 billion and $3.82 billion, while the Street sees $3.79 billion. Management expects revenue from the digital-experience segment of $1.27 billion to $1.29 billion, a call that more or less matches the Street consensus for $1.28 billion.</p><p>Adobe also has projected net new digital-media annualized recurring revenue—a closely watched measure of the growth of the company’s subscription business—of $410 million.</p><p>For the May quarter, Street consensus estimates call for revenue of $5.31 billion, including $3.9 billion from the digital-media segment and $1.33 billion from the digital experience segment. The adjusted profit is expected to come in at $4.38 a share.</p><p>For the November 2024 fiscal year, Adobe’s guidance calls for revenue of $21.3 billion to $21.5 billion, digital-media revenue of $15.75 billion to $15.85 billion, digital-experience revenue of $5.275 billion to $5.375 billion, and net new digital-media annual recurring revenue of about $1.9 billion. The company sees full-year profits on an adjusted basis of $17.60 to $18 a share.</p><p>RBC Capital analyst Matthew Swanson, who rates the stock at Outperform with a target of $650 for the price, said in a research note that he expects solid results. Annualized recurring revenue from digital media could come in higher than expected, he said.</p><p>While Swanson thinks the numbers should be positive, what will really matter will be the underlying drivers of the results, he said. In particular, the RBC analyst said, investors want to see “the incremental benefit from GenAI models and runway for future model rollouts particularly video, which has become a growing topic of investor interest following competitive product launches.” Sora is the biggest concern.</p><p>“This feels like a similar conversation to the one we were having about generative images a year ago, and would expect management to emphasize their focus on delivering an integrated enterprise-grade solution as opposed to being first to market,” Swanson wrote.</p><p>Citi analyst Tyler Radke has a Neutral rating on Adobe shares, and recently trimmed his target for the stock price to $628, from $632. He also sees a respectable quarter for Adobe, aided by price increases and “solid new user acquisitions.”</p><p>But he too noted that the OpenAI Sora launch has been weighing on Adobe shares. “We believe the industry developments are unlikely to have a near-term impact on numbers, though we do see greater long-term competitive uncertainty,” Radke wrote. He said he sees risks that Gen AI-driven competition could pressure the stock’s price relative to earnings over time.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ADBE":"Adobe"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2419649324","content_text":"One continuing debate about generative artificial intelligence and the software sector is whether the trend helps or hurts Adobe, the leading provider of creative software tools such as Photoshop, Illustrator, and InDesign. Adobe’s office in Bangalore, India. Some investors are nervous about the outlook for the stock given tools available from AI-focused software companies.Adobe shares slipped when the first wave of text-to-image tools appeared a year or so ago. But the stock surged as Adobe took an aggressive stance to rolling out its own AI products, focusing in particular on serving corporate customers and indemnifying them against any potential intellectual-property litigation. The company’s Firefly suite of AI tools includes features like text-to-image functionality and AI-powered photo editing.More recently, some investors have become nervous again, given the continued progress of tools from AI-focused software companies. OpenAI’s Sora, stunning text-to-video software that it has demonstrated but not rolled out commercially, is a particular worry.While Adobe shares were up about 72% over the past 12 months as of the close on Wednesday, the stock was down 3.9% so far this year. Other AI stocks had racked up huge gains: Super Micro Computer was up 318%; Nvidia, 84%; Arm Holdings, 85%; Dell Technologies, 44%; and Palantir Technologies, 46%.Investors will get new insights into the Adobe story when the company reports its financial results after the close of trading Thursday.For the February quarter, Adobe has projected revenue of $5.1 billion to $5.15 billion, with an adjusted profit of $4.35 to $4.40 a share. The consensus calls among Wall Street analysts tracked by FactSet are for revenue of $5.14 billion and an adjusted profit of $4.38 a share.The company expects revenue from its digital-media segment of between $3.77 billion and $3.82 billion, while the Street sees $3.79 billion. Management expects revenue from the digital-experience segment of $1.27 billion to $1.29 billion, a call that more or less matches the Street consensus for $1.28 billion.Adobe also has projected net new digital-media annualized recurring revenue—a closely watched measure of the growth of the company’s subscription business—of $410 million.For the May quarter, Street consensus estimates call for revenue of $5.31 billion, including $3.9 billion from the digital-media segment and $1.33 billion from the digital experience segment. The adjusted profit is expected to come in at $4.38 a share.For the November 2024 fiscal year, Adobe’s guidance calls for revenue of $21.3 billion to $21.5 billion, digital-media revenue of $15.75 billion to $15.85 billion, digital-experience revenue of $5.275 billion to $5.375 billion, and net new digital-media annual recurring revenue of about $1.9 billion. The company sees full-year profits on an adjusted basis of $17.60 to $18 a share.RBC Capital analyst Matthew Swanson, who rates the stock at Outperform with a target of $650 for the price, said in a research note that he expects solid results. Annualized recurring revenue from digital media could come in higher than expected, he said.While Swanson thinks the numbers should be positive, what will really matter will be the underlying drivers of the results, he said. In particular, the RBC analyst said, investors want to see “the incremental benefit from GenAI models and runway for future model rollouts particularly video, which has become a growing topic of investor interest following competitive product launches.” Sora is the biggest concern.“This feels like a similar conversation to the one we were having about generative images a year ago, and would expect management to emphasize their focus on delivering an integrated enterprise-grade solution as opposed to being first to market,” Swanson wrote.Citi analyst Tyler Radke has a Neutral rating on Adobe shares, and recently trimmed his target for the stock price to $628, from $632. He also sees a respectable quarter for Adobe, aided by price increases and “solid new user acquisitions.”But he too noted that the OpenAI Sora launch has been weighing on Adobe shares. “We believe the industry developments are unlikely to have a near-term impact on numbers, though we do see greater long-term competitive uncertainty,” Radke wrote. He said he sees risks that Gen AI-driven competition could pressure the stock’s price relative to earnings over time.","news_type":1},"isVote":1,"tweetType":1,"viewCount":644,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":284211368734872,"gmtCreate":1710403566457,"gmtModify":1710403569861,"author":{"id":"3574984385549978","authorId":"3574984385549978","name":"JimmyChua","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574984385549978","authorIdStr":"3574984385549978"},"themes":[],"htmlText":"Tough biz","listText":"Tough biz","text":"Tough biz","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/284211368734872","repostId":"2419993669","repostType":2,"repost":{"id":"2419993669","kind":"highlight","pubTimestamp":1710403450,"share":"https://ttm.financial/m/news/2419993669?lang=&edition=fundamental","pubTime":"2024-03-14 16:04","market":"us","language":"en","title":"Fisker Plunged 45% after Preparing for Possible Bankruptcy Filing","url":"https://stock-news.laohu8.com/highlight/detail?id=2419993669","media":"The Wall Street Journal","summary":"Company has struggled with growing its sales amid stagnant EV demand in the U.S.Instead of building a factory and employing workers, Fisker outsourced production of the Ocean SUV.Electric-vehicle star","content":"<html><head></head><body><p>Company has struggled with growing its sales amid stagnant EV demand in the U.S.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/46778567342a41beac489676377fd7b9\" title=\"Instead of building a factory and employing workers, Fisker outsourced production of the Ocean SUV.\" tg-width=\"700\" tg-height=\"447\"/><span>Instead of building a factory and employing workers, Fisker outsourced production of the Ocean SUV.</span></p><p style=\"text-align: start;\">Electric-vehicle startup Fisker has hired restructuring advisers to assist with a possible bankruptcy filing, according to people familiar with the matter.</p><p style=\"text-align: start;\">Fisker, which recently warned that it risked running out of cash this year, hired financial adviser FTI Consulting and the law firmDavis Polkto work on a potential filing, the people said. The car company reported last month that it had $273 million in sales last year and more than $1 billion in debt. </p><p>Fisker last month issued a so-called going-concern warning that there was “substantial doubt” about its ability to stay in business. The company said it was negotiating to raise additional cash from investors and looking for a new manufacturing partner in the U.S.</p><p>Fisker and FTI Consulting declined to comment, while Davis Polk didn’t immediately respond.</p><p>Shares of Fisker fell more than 45% in premarket trading Thursday after The Wall Street Journal reported the company’s hiring of the restructuring firms.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/372046714e131b92920ab2af4e423389\" tg-width=\"845\" tg-height=\"840\"/></p><p>The Manhattan Beach, Calif.-based company in late February delayed the release of its full financial results for last year, because it lacked a sufficient number of experienced accounting professionals, according to a regulatory filing.</p><p>Fisker is one of a cohort of once-highflying EV startups that went public at the beginning of the decade, many through special-purpose acquisition companies, or SPACs, that helped fast-track their market debuts. Their rise also coincided with a surge of investor enthusiasm for companies that could potentially follow in</p><p>Tesla’s footsteps and break into the highly competitive auto industry.</p><p>Instead, the companies have struggled with the complexities of mass manufacturing and, more recently, with sputtering demand for battery-powered vehicles from American car buyers. </p><p>Fisker delivered its first vehicles to U.S. buyers in June, just as worrying signs of a slowdown in sales growth were starting to emerge. The company cut its forecast for demand twice last year and lowered prices, citing “competitive realities.” </p><p>If Fisker files for bankruptcy protection, it will be the second collapse of a car company founded by former BMW and Aston Martin car designer, Henrik Fisker. The first company, Fisker Automotive, filed for bankruptcy in 2013.</p><p>Fisker’s share price has fallen over 97% since it went public in 2020 by merging with a special-purpose vehicle to 32 cents at Wednesday’s close. The company’s shares have traded below $1 for much of the year and are at risk of being delisted from the New York Stock Exchange.</p><p>The current iteration of Fisker, run by Henrik Fisker and his wife Geeta Gupta-Fisker, went public with a plan to challenge key tenets of how cars are built. Instead of building a factory and employing workers, Fisker outsourced production of the Ocean SUV, the company’s sole vehicle, to contract manufacturer Magna Steyr in Graz, Austria. </p><p>The strategy was supposed to help avoid many of the pitfalls that sank Henrik Fisker’s first company, by keeping operating costs lower. </p><p>But Fisker still struggled almost as soon as it began producing vehicles as it faced challenges getting its Ocean SUV from a factory in Austria to customers in the U.S. The company said it had regulatory approval delays, parts issues and turnover in its executive ranks—especially in its finance division. </p><p>At the start of the year, Fisker said it was switching from a Tesla-inspired direct-to-consumer sales model to traditional dealerships after it found it was too expensive and time-consuming to build out its own network for stores and service centers. </p><p style=\"text-align: start;\">Fisker said last month it would lay off 15% of its workforce, mostly from its service and retail-sales divisions.</p><p style=\"text-align: start;\">The Ocean also has had quality issues, with the National Highway Traffic Safety Administration investigating customer reports of the Ocean rolling away or a loss of braking performance. Fisker has said that the braking issue was resolved with a software update and that it was fully cooperating with NHTSA on its investigation.</p><p style=\"text-align: start;\">Last month, Fisker said it missed its production target of at least 13,000 units last year, manufacturing a little over 10,000 vehicles. The company delivered around 4,900 vehicles to customers. </p><p style=\"text-align: start;\">Fisker executives partly blame the complexities of the direct-sales system for its sluggish growth in sales.</p><p style=\"text-align: start;\">Employees have been working to unload the nearly 5,000 vehicles it has in stock, which are worth roughly $500 million, according to the company. Fisker has said it wanted to sell all the vehicles by the end of March, in part by signing up new franchise dealerships. </p><p style=\"text-align: start;\">Meanwhile, the launch of Fisker’s future products, a $30,000 crossover and a pickup truck, are dependent on the company’s ability to negotiate a new contract-manufacturing agreement in the U.S. </p><p style=\"text-align: start;\">Fisker has said it is negotiating with a “large carmaker” for a potential investment and joint manufacturing agreement, which would allow the startup to produce new vehicles in the U.S. </p><p style=\"text-align: start;\">In its going-concern warning last month, Fisker said that if it was unsuccessful at raising additional funds, it could have to scale back its manufacturing plans and spending on future vehicles.</p></body></html>","source":"wsj_highlight","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>Fisker Plunged 45% after Preparing for Possible Bankruptcy Filing</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\">\nFisker Plunged 45% after Preparing for Possible Bankruptcy Filing\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-03-14 16:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/business/autos/electric-vehicle-startup-fisker-prepares-for-possible-bankruptcy-filing-26e63d32?mod=hp_lead_pos2><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Company has struggled with growing its sales amid stagnant EV demand in the U.S.Instead of building a factory and employing workers, Fisker outsourced production of the Ocean SUV.Electric-vehicle ...</p>\n\n<a href=\"https://www.wsj.com/business/autos/electric-vehicle-startup-fisker-prepares-for-possible-bankruptcy-filing-26e63d32?mod=hp_lead_pos2\">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.wsj.com/business/autos/electric-vehicle-startup-fisker-prepares-for-possible-bankruptcy-filing-26e63d32?mod=hp_lead_pos2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2419993669","content_text":"Company has struggled with growing its sales amid stagnant EV demand in the U.S.Instead of building a factory and employing workers, Fisker outsourced production of the Ocean SUV.Electric-vehicle startup Fisker has hired restructuring advisers to assist with a possible bankruptcy filing, according to people familiar with the matter.Fisker, which recently warned that it risked running out of cash this year, hired financial adviser FTI Consulting and the law firmDavis Polkto work on a potential filing, the people said. The car company reported last month that it had $273 million in sales last year and more than $1 billion in debt. Fisker last month issued a so-called going-concern warning that there was “substantial doubt” about its ability to stay in business. The company said it was negotiating to raise additional cash from investors and looking for a new manufacturing partner in the U.S.Fisker and FTI Consulting declined to comment, while Davis Polk didn’t immediately respond.Shares of Fisker fell more than 45% in premarket trading Thursday after The Wall Street Journal reported the company’s hiring of the restructuring firms.The Manhattan Beach, Calif.-based company in late February delayed the release of its full financial results for last year, because it lacked a sufficient number of experienced accounting professionals, according to a regulatory filing.Fisker is one of a cohort of once-highflying EV startups that went public at the beginning of the decade, many through special-purpose acquisition companies, or SPACs, that helped fast-track their market debuts. Their rise also coincided with a surge of investor enthusiasm for companies that could potentially follow inTesla’s footsteps and break into the highly competitive auto industry.Instead, the companies have struggled with the complexities of mass manufacturing and, more recently, with sputtering demand for battery-powered vehicles from American car buyers. Fisker delivered its first vehicles to U.S. buyers in June, just as worrying signs of a slowdown in sales growth were starting to emerge. The company cut its forecast for demand twice last year and lowered prices, citing “competitive realities.” If Fisker files for bankruptcy protection, it will be the second collapse of a car company founded by former BMW and Aston Martin car designer, Henrik Fisker. The first company, Fisker Automotive, filed for bankruptcy in 2013.Fisker’s share price has fallen over 97% since it went public in 2020 by merging with a special-purpose vehicle to 32 cents at Wednesday’s close. The company’s shares have traded below $1 for much of the year and are at risk of being delisted from the New York Stock Exchange.The current iteration of Fisker, run by Henrik Fisker and his wife Geeta Gupta-Fisker, went public with a plan to challenge key tenets of how cars are built. Instead of building a factory and employing workers, Fisker outsourced production of the Ocean SUV, the company’s sole vehicle, to contract manufacturer Magna Steyr in Graz, Austria. The strategy was supposed to help avoid many of the pitfalls that sank Henrik Fisker’s first company, by keeping operating costs lower. But Fisker still struggled almost as soon as it began producing vehicles as it faced challenges getting its Ocean SUV from a factory in Austria to customers in the U.S. The company said it had regulatory approval delays, parts issues and turnover in its executive ranks—especially in its finance division. At the start of the year, Fisker said it was switching from a Tesla-inspired direct-to-consumer sales model to traditional dealerships after it found it was too expensive and time-consuming to build out its own network for stores and service centers. Fisker said last month it would lay off 15% of its workforce, mostly from its service and retail-sales divisions.The Ocean also has had quality issues, with the National Highway Traffic Safety Administration investigating customer reports of the Ocean rolling away or a loss of braking performance. Fisker has said that the braking issue was resolved with a software update and that it was fully cooperating with NHTSA on its investigation.Last month, Fisker said it missed its production target of at least 13,000 units last year, manufacturing a little over 10,000 vehicles. The company delivered around 4,900 vehicles to customers. Fisker executives partly blame the complexities of the direct-sales system for its sluggish growth in sales.Employees have been working to unload the nearly 5,000 vehicles it has in stock, which are worth roughly $500 million, according to the company. Fisker has said it wanted to sell all the vehicles by the end of March, in part by signing up new franchise dealerships. Meanwhile, the launch of Fisker’s future products, a $30,000 crossover and a pickup truck, are dependent on the company’s ability to negotiate a new contract-manufacturing agreement in the U.S. Fisker has said it is negotiating with a “large carmaker” for a potential investment and joint manufacturing agreement, which would allow the startup to produce new vehicles in the U.S. In its going-concern warning last month, Fisker said that if it was unsuccessful at raising additional funds, it could have to scale back its manufacturing plans and spending on future vehicles.","news_type":1},"isVote":1,"tweetType":1,"viewCount":871,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":275989694009576,"gmtCreate":1708419201920,"gmtModify":1708419205857,"author":{"id":"3574984385549978","authorId":"3574984385549978","name":"JimmyChua","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574984385549978","authorIdStr":"3574984385549978"},"themes":[],"htmlText":"God bless&nbsp;","listText":"God bless&nbsp;","text":"God bless","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/275989694009576","repostId":"2412636291","repostType":2,"repost":{"id":"2412636291","kind":"highlight","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1708416783,"share":"https://ttm.financial/m/news/2412636291?lang=&edition=fundamental","pubTime":"2024-02-20 16:13","market":"us","language":"en","title":"Google Lays Off Thousands More Employees As Workers Begin Worrying AI is Slowly Replacing Them","url":"https://stock-news.laohu8.com/highlight/detail?id=2412636291","media":"Benzinga","summary":"Google has initiated significant layoffs across its various teams, including the Voice Assistant, hardware, engineering and ad sales teams, marking a continuation of the tech industry’s trend towards reducing workforce expenses. The layoffs have affected hundreds of employees within the Voice Assistant unit; hardware teams responsible for Pixel, Nest and Fitbit products; and a considerable portion of the augmented reality  team. This move is part of Google’s broader effort to streamline operations and align resources with its most significant product priorities.According to The Verge, the total number is in the thousands. This comes at a time when Google parent, Alphabet Inc., reported record profits in late January. The company reported $20.4 billion in net income in Q4.A startup that solves the age-old paywall problem is growing exponentially and looking for new shareholders.Late last year, there were already worries within the company that AI was going to begin replacing employees a","content":"<html><head></head><body><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/740331e03e83366a27f77879cce49c23\" tg-width=\"1024\" tg-height=\"576\"/></p><p>Google has initiated significant layoffs across its various teams, including the Voice Assistant, hardware, engineering and ad sales teams, marking a continuation of the tech industry’s trend towards reducing workforce expenses. The layoffs have affected hundreds of employees within the Voice Assistant unit; hardware teams responsible for Pixel, Nest and Fitbit products; and a considerable portion of the augmented reality (AR) team. This move is part of Google’s broader effort to streamline operations and align resources with its most significant product priorities.</p><p>According to The Verge, the total number is in the thousands. This comes at a time when Google parent, Alphabet Inc., reported record profits in late January. The company reported $20.4 billion in net income in Q4.</p><p>The ad sales team has seen a reduction, specifically targeting the Large Customer Sales (LCS) unit, which is responsible for selling ads to large businesses. The restructuring aims to focus more on the Google Customer Solutions (GCS) team, which deals with smaller business clients, indicating a strategic shift in Google’s approach to ad sales.</p><p>The layoffs have sparked widespread concern among Google employees, not just about job security but also about the ethical implications of their work, especially as the company continues to invest heavily in advancing AI technology. There’s a growing apprehension that the push towards automation and AI could eventually lead to further job replacements, adding to the existing anxiety over layoffs.</p><p>According to a recently leaked memo, AI is the #1 focus for Google going into 2024. Specifically, Sundar Pichai, Google&#39;s CEO, full list of goals for 2024 include: </p><ol start=\"1\" style=\"\"><li><p>Deliver the world&#39;s most advanced, safe, and responsible Al </p></li><li><p>Improve knowledge, learning, creativity and productivity </p></li><li><p>Build the most helpful personal computing platforms and devices. </p></li><li><p>Enable organizations and developers to innovate on Google Cloud </p></li><li><p>Provide the world&#39;s most trusted products and platforms </p></li><li><p>Build a Google that&#39;s extraordinary for Googlers and the world </p></li><li><p>Improve company velocity, efficiency and productivity and deliver durable cost savings</p></li></ol><p>This situation has significantly affected employee morale, with many feeling disillusioned about their future at the company, according to Inc. The layoffs and the strategic emphasis on AI development have led to a sense of cynicism and burnout among the workforce, exacerbated by the fear of being replaced by the very technologies they are helping to create.</p><p>Late last year, there were already worries within the company that AI was going to begin replacing employees at Alphabet. Futurism reported late last year the technology giant has already begun the process of replacing some jobs with AI tools developed internally. But this differs from what Google&#39;s senior vice president, Philipp Schindler, said on a recent earnings call about the recent restructuring and job cuts. </p><p>Schindler said,  &#34;I want to be clear, when we restructure, there&#39;s always an opportunity to be more efficient and smarter in how we service and grow our customers.&#34; He went on to say, &#34;We&#39;re not restructuring because AI is taking away roles that&#39;s important here. But we see significant opportunities here with our AI-powered solution to actually deliver incredible ROI at scale, and that&#39;s why we&#39;re doing some of those adjustments.&#34;</p><p>Google’s restructuring and layoffs reflect the broader challenges facing the tech industry, where companies are grappling with financial pressures and the ethical considerations of AI and automation. The impact on employee morale and the potential for future job cuts highlight the delicate balance between innovation and the human cost of technological advancement.</p></body></html>","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>Google Lays Off Thousands More Employees As Workers Begin Worrying AI is Slowly Replacing Them</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\">\nGoogle Lays Off Thousands More Employees As Workers Begin Worrying AI is Slowly Replacing Them\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2024-02-20 16:13</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/740331e03e83366a27f77879cce49c23\" tg-width=\"1024\" tg-height=\"576\"/></p><p>Google has initiated significant layoffs across its various teams, including the Voice Assistant, hardware, engineering and ad sales teams, marking a continuation of the tech industry’s trend towards reducing workforce expenses. The layoffs have affected hundreds of employees within the Voice Assistant unit; hardware teams responsible for Pixel, Nest and Fitbit products; and a considerable portion of the augmented reality (AR) team. This move is part of Google’s broader effort to streamline operations and align resources with its most significant product priorities.</p><p>According to The Verge, the total number is in the thousands. This comes at a time when Google parent, Alphabet Inc., reported record profits in late January. The company reported $20.4 billion in net income in Q4.</p><p>The ad sales team has seen a reduction, specifically targeting the Large Customer Sales (LCS) unit, which is responsible for selling ads to large businesses. The restructuring aims to focus more on the Google Customer Solutions (GCS) team, which deals with smaller business clients, indicating a strategic shift in Google’s approach to ad sales.</p><p>The layoffs have sparked widespread concern among Google employees, not just about job security but also about the ethical implications of their work, especially as the company continues to invest heavily in advancing AI technology. There’s a growing apprehension that the push towards automation and AI could eventually lead to further job replacements, adding to the existing anxiety over layoffs.</p><p>According to a recently leaked memo, AI is the #1 focus for Google going into 2024. Specifically, Sundar Pichai, Google&#39;s CEO, full list of goals for 2024 include: </p><ol start=\"1\" style=\"\"><li><p>Deliver the world&#39;s most advanced, safe, and responsible Al </p></li><li><p>Improve knowledge, learning, creativity and productivity </p></li><li><p>Build the most helpful personal computing platforms and devices. </p></li><li><p>Enable organizations and developers to innovate on Google Cloud </p></li><li><p>Provide the world&#39;s most trusted products and platforms </p></li><li><p>Build a Google that&#39;s extraordinary for Googlers and the world </p></li><li><p>Improve company velocity, efficiency and productivity and deliver durable cost savings</p></li></ol><p>This situation has significantly affected employee morale, with many feeling disillusioned about their future at the company, according to Inc. The layoffs and the strategic emphasis on AI development have led to a sense of cynicism and burnout among the workforce, exacerbated by the fear of being replaced by the very technologies they are helping to create.</p><p>Late last year, there were already worries within the company that AI was going to begin replacing employees at Alphabet. Futurism reported late last year the technology giant has already begun the process of replacing some jobs with AI tools developed internally. But this differs from what Google&#39;s senior vice president, Philipp Schindler, said on a recent earnings call about the recent restructuring and job cuts. </p><p>Schindler said,  &#34;I want to be clear, when we restructure, there&#39;s always an opportunity to be more efficient and smarter in how we service and grow our customers.&#34; He went on to say, &#34;We&#39;re not restructuring because AI is taking away roles that&#39;s important here. But we see significant opportunities here with our AI-powered solution to actually deliver incredible ROI at scale, and that&#39;s why we&#39;re doing some of those adjustments.&#34;</p><p>Google’s restructuring and layoffs reflect the broader challenges facing the tech industry, where companies are grappling with financial pressures and the ethical considerations of AI and automation. The impact on employee morale and the potential for future job cuts highlight the delicate balance between innovation and the human cost of technological advancement.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4511":"特斯拉概念","BK4514":"搜索引擎","GOOG":"谷歌","BK4592":"伊斯兰概念","GOOGL":"谷歌A"},"source_url":"https://finance.yahoo.com/news/google-lays-off-thousands-more-210822278.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2412636291","content_text":"Google has initiated significant layoffs across its various teams, including the Voice Assistant, hardware, engineering and ad sales teams, marking a continuation of the tech industry’s trend towards reducing workforce expenses. The layoffs have affected hundreds of employees within the Voice Assistant unit; hardware teams responsible for Pixel, Nest and Fitbit products; and a considerable portion of the augmented reality (AR) team. This move is part of Google’s broader effort to streamline operations and align resources with its most significant product priorities.According to The Verge, the total number is in the thousands. This comes at a time when Google parent, Alphabet Inc., reported record profits in late January. The company reported $20.4 billion in net income in Q4.The ad sales team has seen a reduction, specifically targeting the Large Customer Sales (LCS) unit, which is responsible for selling ads to large businesses. The restructuring aims to focus more on the Google Customer Solutions (GCS) team, which deals with smaller business clients, indicating a strategic shift in Google’s approach to ad sales.The layoffs have sparked widespread concern among Google employees, not just about job security but also about the ethical implications of their work, especially as the company continues to invest heavily in advancing AI technology. There’s a growing apprehension that the push towards automation and AI could eventually lead to further job replacements, adding to the existing anxiety over layoffs.According to a recently leaked memo, AI is the #1 focus for Google going into 2024. Specifically, Sundar Pichai, Google's CEO, full list of goals for 2024 include: Deliver the world's most advanced, safe, and responsible Al Improve knowledge, learning, creativity and productivity Build the most helpful personal computing platforms and devices. Enable organizations and developers to innovate on Google Cloud Provide the world's most trusted products and platforms Build a Google that's extraordinary for Googlers and the world Improve company velocity, efficiency and productivity and deliver durable cost savingsThis situation has significantly affected employee morale, with many feeling disillusioned about their future at the company, according to Inc. The layoffs and the strategic emphasis on AI development have led to a sense of cynicism and burnout among the workforce, exacerbated by the fear of being replaced by the very technologies they are helping to create.Late last year, there were already worries within the company that AI was going to begin replacing employees at Alphabet. Futurism reported late last year the technology giant has already begun the process of replacing some jobs with AI tools developed internally. But this differs from what Google's senior vice president, Philipp Schindler, said on a recent earnings call about the recent restructuring and job cuts. Schindler said,  \"I want to be clear, when we restructure, there's always an opportunity to be more efficient and smarter in how we service and grow our customers.\" He went on to say, \"We're not restructuring because AI is taking away roles that's important here. But we see significant opportunities here with our AI-powered solution to actually deliver incredible ROI at scale, and that's why we're doing some of those adjustments.\"Google’s restructuring and layoffs reflect the broader challenges facing the tech industry, where companies are grappling with financial pressures and the ethical considerations of AI and automation. The impact on employee morale and the potential for future job cuts highlight the delicate balance between innovation and the human cost of technological advancement.","news_type":1},"isVote":1,"tweetType":1,"viewCount":620,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":273601244270808,"gmtCreate":1707835129010,"gmtModify":1707835133395,"author":{"id":"3574984385549978","authorId":"3574984385549978","name":"JimmyChua","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574984385549978","authorIdStr":"3574984385549978"},"themes":[],"htmlText":"Over priced?","listText":"Over priced?","text":"Over priced?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/273601244270808","repostId":"2411355308","repostType":2,"repost":{"id":"2411355308","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1707835011,"share":"https://ttm.financial/m/news/2411355308?lang=&edition=fundamental","pubTime":"2024-02-13 22:36","market":"us","language":"en","title":"Shopify Beats Quarterly Revenue Estimates on Holiday Quarter Demand","url":"https://stock-news.laohu8.com/highlight/detail?id=2411355308","media":"Reuters","summary":"Feb 13  - Canada's Shopify, topped Wall Street estimates for fourth-quarter revenue on Tuesday, riding on demand for its ecommerce services from merchants during the holiday shopping season. While the shares dropped 10.2% in morning trading.Shopify, which offers tools and services for businesses to set up their online stores, has launched new tools and offerings along with artificial intelligence products to stay ahead in a competitive e-commerce space.Total revenue was $2.14 billion for the thr","content":"<html><head></head><body><p>Feb 13 (Reuters) - Canada&#39;s Shopify, topped Wall Street estimates for fourth-quarter revenue on Tuesday, riding on demand for its ecommerce services from merchants during the holiday shopping season. While the shares dropped 10.2% in morning trading.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/edc70b5914c09ff0ee2385e5add44754\" tg-width=\"840\" tg-height=\"617\"/></p><p>Shopify, which offers tools and services for businesses to set up their online stores, has launched new tools and offerings along with artificial intelligence products to stay ahead in a competitive e-commerce space.</p><p>Total revenue was $2.14 billion for the three months to December, compared with analysts&#39; average estimate of $2.08 billion, according to LSEG data.</p><p>Merchants on the platform reached a record of $9.3 billion in sales over the Black Friday-Cyber Monday weekend, the company had said in November, a 24% increase from a year earlier.</p><p>The company expects first-quarter revenue to grow at a low-20s percentage rate, largely above expectations for a 20% rise.</p></body></html>","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>Shopify Beats Quarterly Revenue Estimates on Holiday Quarter Demand</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\">\nShopify Beats Quarterly Revenue Estimates on Holiday Quarter Demand\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-02-13 22:36</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Feb 13 (Reuters) - Canada&#39;s Shopify, topped Wall Street estimates for fourth-quarter revenue on Tuesday, riding on demand for its ecommerce services from merchants during the holiday shopping season. While the shares dropped 10.2% in morning trading.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/edc70b5914c09ff0ee2385e5add44754\" tg-width=\"840\" tg-height=\"617\"/></p><p>Shopify, which offers tools and services for businesses to set up their online stores, has launched new tools and offerings along with artificial intelligence products to stay ahead in a competitive e-commerce space.</p><p>Total revenue was $2.14 billion for the three months to December, compared with analysts&#39; average estimate of $2.08 billion, according to LSEG data.</p><p>Merchants on the platform reached a record of $9.3 billion in sales over the Black Friday-Cyber Monday weekend, the company had said in November, a 24% increase from a year earlier.</p><p>The company expects first-quarter revenue to grow at a low-20s percentage rate, largely above expectations for a 20% rise.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SHOP":"Shopify Inc"},"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2411355308","content_text":"Feb 13 (Reuters) - Canada's Shopify, topped Wall Street estimates for fourth-quarter revenue on Tuesday, riding on demand for its ecommerce services from merchants during the holiday shopping season. While the shares dropped 10.2% in morning trading.Shopify, which offers tools and services for businesses to set up their online stores, has launched new tools and offerings along with artificial intelligence products to stay ahead in a competitive e-commerce space.Total revenue was $2.14 billion for the three months to December, compared with analysts' average estimate of $2.08 billion, according to LSEG data.Merchants on the platform reached a record of $9.3 billion in sales over the Black Friday-Cyber Monday weekend, the company had said in November, a 24% increase from a year earlier.The company expects first-quarter revenue to grow at a low-20s percentage rate, largely above expectations for a 20% rise.","news_type":1},"isVote":1,"tweetType":1,"viewCount":679,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3570622365838239","authorId":"3570622365838239","name":"N30","avatar":"https://community-static.tradeup.com/news/33bf6a97d91ccaf61eb8245d0322ab01","crmLevel":7,"crmLevelSwitch":1,"idStr":"3570622365838239","authorIdStr":"3570622365838239"},"content":"Ya very likely, as price pullback despite beating estimates","text":"Ya very likely, as price pullback despite beating estimates","html":"Ya very likely, as price pullback despite beating estimates"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":270987792478496,"gmtCreate":1707196925441,"gmtModify":1707196929430,"author":{"id":"3574984385549978","authorId":"3574984385549978","name":"JimmyChua","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574984385549978","authorIdStr":"3574984385549978"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/270987792478496","repostId":"1174107833","repostType":2,"repost":{"id":"1174107833","kind":"news","pubTimestamp":1707188793,"share":"https://ttm.financial/m/news/1174107833?lang=&edition=fundamental","pubTime":"2024-02-06 11:06","market":"us","language":"en","title":"DWAC Stock Surges 17% As New Poll Shows Trump With a 5-Point Lead Over Biden","url":"https://stock-news.laohu8.com/highlight/detail?id=1174107833","media":"NBC News","summary":"Scott Bessent, a former Soros Fund Management investing chief, said he’s betting on a “Trump Rally” as long as investors believe the ex-president can win the general election.The S&P 500 hit an all-ti","content":"<html><head></head><body><p>A new NBC News poll spells trouble for President Biden.</p><p>The data shows former President Donald Trump is gaining ground, now leading Biden by five points in a theoretical match-up. Trump clocked in 47% of support vs. Biden&#39;s 42%. That&#39;s the largest lead Trump has had against Biden in the five years of NBC running the poll.</p><p>Trump-related shares surged on Monday. Phunware rose nearly 20% while DWAC soared 17%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/489f019bdb4bbf53380cba4e279088a0\" title=\"\" tg-width=\"454\" tg-height=\"310\"/></p><p style=\"text-align: start;\">Nine months out from election day just 37% of voters approve of Biden. That places him in a weaker position than George W. Bush who was at 54% approval running for his second term, Barack Obama who was at 49% approval at this point and even Trump who had a 46% approval rating heading into 2020.</p><blockquote><p>He’s really got to be concerned about the fact that he’s not polling well with the people who really delivered the presidency to him in 2020, specifically people of color and persons under 30 years old,&#34; explained Dr. Todd Belt, the political management program director at George Washington University.</p></blockquote><p>Trump and Biden are statistically tied among Hispanics, an alarming statistic for Democrats. It’s been 20 years since a Republican presidential candidate has seen this level of support.</p><p style=\"text-align: start;\">The data shows Biden struggling on key issues. When it comes to the economy, 55% prefer Trump while 33% prefer Biden. The president is doing even worse when it comes to securing the border. The NBC News poll shows that 57% prefer Trump on the issue to 22% prefer Biden.</p><p style=\"text-align: start;\">Biden&#39;s re-election campaign team has their work cut out for them but experts see places Biden can make tangible improvement with voters.</p><p style=\"text-align: start;\">The bipartisan border security bill going through Congress could help Biden&#39;s polling numbers on the border according to Belt, even if Senate Republicans block it.</p><blockquote><p>He has the ability to say look I was going to work with Republicans to give them exactly what they wanted and they wouldn&#39;t work with me so they’re not really your friend on this,&#34; said Belt.</p></blockquote><p style=\"text-align: start;\">Belt predicts we’ll also hear Biden talk a lot about abortion as he works to win back younger voters.</p><p style=\"text-align: start;\">The president has bigger hurdles when it comes to convincing voters he&#39;s up to another 4 years. Only 23% of those polled by NBC believe Biden has the physical and mental health to do the job, a 15-point slip from 2020.</p><p style=\"text-align: start;\">But there is a wild card lurking in the wings.</p></body></html>","source":"lsy1707190299353","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>DWAC Stock Surges 17% As New Poll Shows Trump With a 5-Point Lead Over Biden</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\">\nDWAC Stock Surges 17% As New Poll Shows Trump With a 5-Point Lead Over Biden\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-02-06 11:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://nbcmontana.com/news/beyond-the-podium/new-poll-show-trump-with-5-point-lead-over-biden-nbc-news-reelection-campaign-2024-voters-approval-economy-foreign-policy-border-abortion><strong>NBC News</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A new NBC News poll spells trouble for President Biden.The data shows former President Donald Trump is gaining ground, now leading Biden by five points in a theoretical match-up. Trump clocked in 47% ...</p>\n\n<a href=\"https://nbcmontana.com/news/beyond-the-podium/new-poll-show-trump-with-5-point-lead-over-biden-nbc-news-reelection-campaign-2024-voters-approval-economy-foreign-policy-border-abortion\">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://nbcmontana.com/news/beyond-the-podium/new-poll-show-trump-with-5-point-lead-over-biden-nbc-news-reelection-campaign-2024-voters-approval-economy-foreign-policy-border-abortion","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1174107833","content_text":"A new NBC News poll spells trouble for President Biden.The data shows former President Donald Trump is gaining ground, now leading Biden by five points in a theoretical match-up. Trump clocked in 47% of support vs. Biden's 42%. That's the largest lead Trump has had against Biden in the five years of NBC running the poll.Trump-related shares surged on Monday. Phunware rose nearly 20% while DWAC soared 17%.Nine months out from election day just 37% of voters approve of Biden. That places him in a weaker position than George W. Bush who was at 54% approval running for his second term, Barack Obama who was at 49% approval at this point and even Trump who had a 46% approval rating heading into 2020.He’s really got to be concerned about the fact that he’s not polling well with the people who really delivered the presidency to him in 2020, specifically people of color and persons under 30 years old,\" explained Dr. Todd Belt, the political management program director at George Washington University.Trump and Biden are statistically tied among Hispanics, an alarming statistic for Democrats. It’s been 20 years since a Republican presidential candidate has seen this level of support.The data shows Biden struggling on key issues. When it comes to the economy, 55% prefer Trump while 33% prefer Biden. The president is doing even worse when it comes to securing the border. The NBC News poll shows that 57% prefer Trump on the issue to 22% prefer Biden.Biden's re-election campaign team has their work cut out for them but experts see places Biden can make tangible improvement with voters.The bipartisan border security bill going through Congress could help Biden's polling numbers on the border according to Belt, even if Senate Republicans block it.He has the ability to say look I was going to work with Republicans to give them exactly what they wanted and they wouldn't work with me so they’re not really your friend on this,\" said Belt.Belt predicts we’ll also hear Biden talk a lot about abortion as he works to win back younger voters.The president has bigger hurdles when it comes to convincing voters he's up to another 4 years. Only 23% of those polled by NBC believe Biden has the physical and mental health to do the job, a 15-point slip from 2020.But there is a wild card lurking in the wings.","news_type":1},"isVote":1,"tweetType":1,"viewCount":356,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":270987740397848,"gmtCreate":1707196911814,"gmtModify":1707196916305,"author":{"id":"3574984385549978","authorId":"3574984385549978","name":"JimmyChua","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574984385549978","authorIdStr":"3574984385549978"},"themes":[],"htmlText":"Need chargers&nbsp;","listText":"Need chargers&nbsp;","text":"Need chargers","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/270987740397848","repostId":"2409607804","repostType":2,"repost":{"id":"2409607804","kind":"highlight","pubTimestamp":1707191020,"share":"https://ttm.financial/m/news/2409607804?lang=&edition=fundamental","pubTime":"2024-02-06 11:43","market":"us","language":"en","title":"Tesla's Losing Battle For EV Market Share In Europe Highlights Its Sales Growth Challenge","url":"https://stock-news.laohu8.com/highlight/detail?id=2409607804","media":"seekingalpha","summary":"Tesla's Q4 results indicate that its era of fast sales growth is over. An analysis of the European market explains why sales growth is slowing and where things are likely headed.Tesla's emerging probl","content":"<html><head></head><body><ul style=\"\"><li><p>Tesla&#39;s Q4 results indicate that its era of fast sales growth is over.  An analysis of the European market explains why sales growth is slowing and where things are likely headed.</p></li><li><p>Tesla&#39;s emerging problem in Europe is arguably its decision to manufacture in Germany, which is an increasingly expensive place to do business, while its German &amp; Asian competitors are flocking to Hungary.</p></li><li><p>Tesla is likely to continue losing EV market share in Europe, as its competitors are positioning themselves to produce EVs at a lower cost.</p></li><li><p>I expect its shares to be range-bound between $100/share and $300/share for the foreseeable future, therefore, $150/share or below should be considered a good entry point.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0e94c2a45c7301b8ea00c807d826e5dd\" tg-width=\"750\" tg-height=\"563\"/></p><p>Xiaolu Chu</p><p><strong>Investment thesis:</strong> Having established itself as a dominant, profitable EV producer, Tesla (NASDAQ:TSLA) recently moved on to the next phase in its competition with emerging EV producers, namely an increasingly brutal fight for market share. With the backing of solid profit margins, it can afford to undercut competitors, especially in the Developed World, most of which are still struggling to produce &amp; sell EVs at a profit. Europe might emerge as an exception, where Tesla bet on producing its cars in Germany, while much of its German &amp; Chinese competition is building up capacity in Hungary where there is a clear comparative advantage in labor, energy, and government taxation costs. Lower production costs mean those companies that are investing heavily in EV production capacity in Hungary and other Eastern EU states, are increasingly in a position to engage in price discounting to counter anything that Tesla may try to do. Tesla is losing ground to its competition in Europe within the EV market this decade and it may continue to do so going forward. Using the European market as a case study, we can conclude that Tesla&#39;s future outlook in terms of sales looks set to be one of moderate growth, which does not support current P/E valuations. As such, I see Tesla stock trading in the $100/share to $300/share range for the foreseeable future.</p><h2 id=\"id_1309905219\">Tesla&#39;s Q4 results:</h2><p>For the fourth quarter of 2023, Tesla saw an increase in revenues of 3%, to $25.17 billion. It is nowhere near the growth levels one might expect from a company that currently has a forward P/E ratio of about 60, in other words, about two and a half times higher than the S&amp;P index. The net income attributable to shareholders increased by 115%, to $7.93 billion, which does partially justify continuing to have Tesla stock trading at a P/E ratio that is priced for growth. It should also be noted that profit margins were healthy, with net earnings at 31.5% of revenues. It is an enviable level of profitability, even as many car companies are still trying to figure out how to profitable sell EVs.</p><p>Growth in vehicle deliveries was significant, with a 13% increase in deliveries in Q4, 2023, compared with Q4, 2022. The reason why it did not translate into a corresponding increase in revenues is in large part due to a decline in the average price of Tesla cars sold. One factor was Tesla&#39;s policy of discounting its cars to start fighting for market share.</p><h2 id=\"id_992608232\">How Tesla compares to peers in terms of EV market share in Europe:</h2><p>Tesla is currently far from being the most dominant EV maker &amp; seller in Europe.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ac6840add1d1bebfcbadc9bd2c66e8fe\" tg-width=\"640\" tg-height=\"387\"/></p><p>Data source: InsideEVs</p><p>It is notably beating European luxury carmakers like Mercedes (OTCPK:MBGYY) &amp; BMW (OTCPK:BMWYY), both of which I expected to do a lot better in the EV sector, given that they are already catering to the same income demographic that tends to buy EVs. Both of those companies are in the process of taking part in what is shaping up to become a marriage made in Hungary, between European carmakers and Asian EV battery producers, which they hope to help them conquer the European EV market.</p><h2 id=\"id_3767111978\">Tesla&#39;s potential production cost disadvantage in Europe, as competitors flock to more cost-effective places.</h2><p>Hungary is emerging as a world leader in EV battery production, thanks to Asian investments and it is also seeing massive inflows of investments in EV assembly plants.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1233a735987e2b442441687f155a5cde\" tg-width=\"640\" tg-height=\"342\"/></p><p>Visual Capitalist</p><p>With new investments such as CATL in the pipeline, Hungary will probably maintain its role as Europe&#39;s largest EV battery producer for the foreseeable future, and with that, it will also play a significant role as an EV manufacturing hub. None of this happened accidentally. Hungary offers significant advantages, especially for manufacturing enterprises.</p><ul style=\"\"><li><p>Corporate taxes.</p></li></ul><p>Hungary&#39;s current corporate tax rate is the lowest in the EU, while Germany&#39;s is the second-highest in Europe.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9a660b9f55f712607baf3c19e2cb96d7\" tg-width=\"640\" tg-height=\"477\"/></p><p>Tax Foundation</p><p>It is difficult to quantify just how great of an impact corporate tax rates will have on producing and selling an EV. We should keep in mind that those lower corporate tax rates work their way through the entire supply chain that supports the final assembly of EVs.</p><ul style=\"\"><li><p>Energy costs.</p></li></ul><p>Hungary is one of the lower-cost places in terms of energy prices, while Germany is among the highest in the non-household segment of the economy.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0412959ad59d4e5f8d5bdf8991fa1357\" tg-width=\"640\" tg-height=\"433\"/></p><p>EC</p><p>The difference in electricity costs for non-household consumers may not be great, but it is yet another cost advantage that German car manufacturers, as well as now BYD (OTCPK:BYDDF) are looking to take advantage of. These costs also work throughout the supply chain.</p><ul style=\"\"><li><p>Labor costs.</p></li></ul><p>When most people think of outsourcing, within the European context from Western Europe toward the Eastern part of the EU, labor costs tend to come to mind instantly. There is no significant advantage that Hungary has over its immediate neighbors, such as Slovakia or Romania in this regard. Average gross wages in Hungary are about 3 times lower than they are in Germany. That is a significant difference. It is hard to accurately quantify what all these savings mean for Germany&#39;s automakers, in particular when it comes to producing EVs at a cost advantage relative to Tesla. A decade-old estimate from Mercedes (OTCPK:MBGAF) suggests that at least back then the savings per vehicle produced in Hungary were as high as 30% of total production costs. Much has changed since then, including a narrowing in the wage gap. On the other hand, energy prices increased more dramatically in Germany over the past few years.</p><h2 id=\"id_3913002019\">German EV manufacturers to produce models that directly compete with Tesla models in Hungary. BYD joins the trend.</h2><ul style=\"\"><li><p>BMW&#39;s Hungary EV &amp; new generation battery plant.</p></li></ul><p>BMW is set to produce some of the models that compete with Tesla&#39;s Model Y at its new plant in Hungary by the end of next year. A successor to the BMW iX3 is one of the models that BMW plans to produce there. The successor version of the model will feature BMW&#39;s in-house battery, which is supposed to provide 30% faster charging, as well as up to 30% more range. Its current range of 240 miles could thus get a significant boost that will take it above 300 miles. It remains to be seen whether or not the price will also be lowered. It currently sells at just under $90,000 for the base model, versus Tesla&#39;s model Y which sells at a starting price of $46,000. BMW has a long way to go to close that price gap, but it is possible that with the cost savings related to producing its cars in Hungary, it will be able to significantly lower the price, even as it improves on performance.</p><ul style=\"\"><li><p>Mercedes &amp; Audi have a long-established presence in Hungary that is now being retooled for EV production.</p></li></ul><p>Mercedes &amp; Audi have a well-established presence in Hungary. Mercedes decided to use a flex plant model, where it can easily switch between producing EVs or conventional cars. The electric EQB SUV with a range of 240 miles, starts at $53,900 and is being manufactured in Hungary. It is price-competitive compared with Tesla&#39;s Model Y, but it lacks a bit of range, which seems to be at the heart of the lack of success that Mercedes is seeing in the EV market. Volkswagen&#39;s (OTCPK:VLKAF) Audi Q4 and other Volkswagen group EV models have electric motors built in Hungary, which helps it save money on labor, taxes, and energy costs.</p><ul style=\"\"><li><p>Tesla&#39;s main global competitor looks to compete in Europe.</p></li></ul><p>BYD seems to have the same idea as German EV makers, given that it recently announced plans to build its first EV assembly plant in Hungary. It could be argued that it might be a way to simply try to maximize profits for BYD and all other companies that are converging on the one country that seems to have had a longer-term vision of catering to the EV industry. The profit motive may be the primary driver of EV producers and battery manufacturers converging to the place where they can be arguably the most cost-effective in Europe. If or when the battle for EV market share in Europe intensifies, Tesla&#39;s main competitors seem to be well-positioned to compete. Tesla&#39;s decision to assemble its cars in Germany on the other hand may have lessened its ability to do in Europe what it has done for most of the past decade, namely outcompete its Western market competitors, even as it became a highly profitable company.</p><h2 id=\"id_34294936\">Investment implications.</h2><ul style=\"\"><li><p>The reasoning behind the upgrade from sell to hold.</p></li></ul><p>I bought Tesla stock last year at just over $120/share and sold once it reached $195, as I pointed out in an article at the beginning of 2023. My current upgrade to a hold from a sell back then is by no means a reflection of a change in my overall view in terms of performance expectations. The only difference is that back in February 2023 Tesla stock was on an upswing, so an opportunity arose to take profits, while now it is on a downswing, thus I am looking for the price to be right once again to get back in. In other words, it is now once again a stock of interest that I am watching, thus the upgrade.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9a84f3f37ea44b119547890fb618d249\" tg-width=\"640\" tg-height=\"300\"/></p><p>Tesla stock price &amp; other metrics (Seeking Alpha)</p><p>I missed out last year as it went as high as over $290/share, however as I write this, Tesla stock trades just slightly below my exit price point, therefore holding would not have earned me any extra gains on the trade as of right now. I am currently looking to start buying Tesla stock again if it drops below $150 or so, which is when the P/E ratio will start to resemble reasonable fundamentals of the company as I perceive them. As we can see, even after the recent decline in its stock price, Tesla stock is still trading at about twice the P/E valuation of the overall market.</p><ul style=\"\"><li><p>Tesla&#39;s higher P/E relative to peers may be partially justified.</p></li></ul><p>One of the bear cases that can be made for Tesla is the massive discrepancy between its P/E and that of its automotive industry peers. For instance, BMW, which I foresee as becoming a major competitor in Europe for EV market share, especially within the luxury segment, has a forward P/E of only about 5.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7567bb386700b0fdd838954a08c54b79\" tg-width=\"640\" tg-height=\"298\"/></p><p>BMW stock and other financial metrics (Seeking Alpha)</p><p>It also offers a very generous dividend yield of about 8.7%, which in theory should justify a higher P/E. The difference is that BMW is far from being a growth stock. It may increase EV sales in the future, but it will likely come at a cost, with conventional car sales set to decline.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f594f20e057e1552635b045b4d027067\" tg-width=\"640\" tg-height=\"481\"/></p><p>BMW</p><p>As we can see, yearly sales have been holding flat in the past years. My personal view is that the EU EV transition plan to 2035 will lead to an overall decline in European car sales. BMW might see a net decline in total sales as a result, even though comparatively speaking it might emerge as one of the least-impacted European automakers, as I pointed out in an article in 2022. I do not think that Tesla&#39;s growth prospects justify a P/E ratio that is about 12 times higher than BMW&#39;s, but its growth profile, versus the no growth profile of BMW, does justify a significantly higher P/E valuation.</p><ul style=\"\"><li><p>Tesla lost EV market share in Europe this decade.</p></li></ul><p>With my analysis of Tesla&#39;s situation in Europe in mind, my perception of Tesla&#39;s overall fundamentals is that it is maturing into a solid company within the global auto industry, with strong profit margins, as well as the potential for continued moderate long-term sales growth.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/39963958b96b9010c8d857993df69b89\" tg-width=\"640\" tg-height=\"321\"/></p><p>Data sources: Good car bad car.net, InsideEVs</p><p>As we can see, Tesla continues to capture more of the total automotive market share in Europe, together with the rest of the EV industry. Even as the EV industry slowed significantly in 2023 in terms of increasing its automotive sector market share, Tesla still managed to significantly increase its market share. That may not necessarily be an indication of how things will go this year and beyond, because as I pointed out, most of its competitors are gearing up to compete more intensely. Furthermore, looking at a multi-year performance, for instance, from 2019 until the present, the overall EV industry in Europe outperformed Tesla. Tesla&#39;s share of the European auto market grew about four-fold in the period, while the overall share of the EV industry grew about seven-fold, as the chart shows. In other words, this decade, Tesla is underperforming the overall European EV market in terms of sales growth.</p><ul style=\"\"><li><p>The size of the global luxury car market is limited and Tesla already plays a sizable role, therefore it is unclear how much more of it is up for grabs.</p></li></ul><p>It should also be noted that all of Tesla&#39;s current models target the luxury car segment in terms of potential consumers, which is as true in Europe as it is in the US or China. The total global luxury car market is estimated to be $655 billion as of 2023. Tesla is already about 13% of the global luxury car market, based on its total automotive revenues of $82.42 billion in 2023. It is questionable just how much further that market share can be expanded.</p><p>Europe&#39;s luxury carmakers are gearing up to fight for market share by keeping manufacturing costs low, as I thoroughly examined in this article. Elsewhere, competition will continue to be fierce as well, especially given that the luxury segment tends to be where the profits are for EV makers. We should not write off the ICE-powered cars from retaining a significant portion of the global luxury car segment, as well as the European car market. Many luxury car enthusiasts continue to prefer it to electric.</p><p>The global luxury car market will probably continue to expand, although it might disappoint current expectations of it reaching the trillion-dollar mark by the end of the decade. Tesla&#39;s sales growth may increasingly reflect the growth in the global luxury car market, as well as the growth of the EV segment within the overall luxury car market. I expect EVs to become dominant within the luxury car segment worldwide, perhaps by the end of the decade, whereas as of 2022, they captured about 30% of the luxury car market.</p><h2 id=\"id_1663658810\">Conclusion:</h2><p>Within this context, I expect Tesla&#39;s shares to mostly trade between $100/share and $300/share for the foreseeable future. Buyers will flock to it as it approaches $100/share, where its valuation will look increasingly reasonable, and sell as it approaches $300/share, where it will look increasingly out of step in terms of its fundamentals. For reference, with all else held equal, If Tesla stock were to trade at $100/share, its P/E ratio would drop to about 31, just slightly above the S&amp;P 500 P/E ratio currently at just over 26. Based on my view, I see Tesla&#39;s P/E ratio approaching the market&#39;s average P/E as a likely bottom, namely that most investors would choose Tesla over owning the broader market, once P/E ratios converge. It was the same reasoning that led me to buy Tesla stock early last year as it went to $120/share. I just don&#39;t see much downside for this stock once it gets close to the overall market in terms of valuation. Therefore it is worth buying its stock whenever it falls below $150/share in my view, knowing that the downside is limited from that point on and selling once its shares rise above $200/share.</p></body></html>","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>Tesla's Losing Battle For EV Market Share In Europe Highlights Its Sales Growth Challenge</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla's Losing Battle For EV Market Share In Europe Highlights Its Sales Growth Challenge\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-02-06 11:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4667639-tesla-stock-q4-earnings-ev-market-share-losses-europe-highlight-sales-growth-challenge><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla's Q4 results indicate that its era of fast sales growth is over.  An analysis of the European market explains why sales growth is slowing and where things are likely headed.Tesla's emerging ...</p>\n\n<a href=\"https://seekingalpha.com/article/4667639-tesla-stock-q4-earnings-ev-market-share-losses-europe-highlight-sales-growth-challenge\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLL":"Direxion Daily TSLA Bull 2X Shares","TSLA":"特斯拉"},"source_url":"https://seekingalpha.com/article/4667639-tesla-stock-q4-earnings-ev-market-share-losses-europe-highlight-sales-growth-challenge","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2409607804","content_text":"Tesla's Q4 results indicate that its era of fast sales growth is over.  An analysis of the European market explains why sales growth is slowing and where things are likely headed.Tesla's emerging problem in Europe is arguably its decision to manufacture in Germany, which is an increasingly expensive place to do business, while its German & Asian competitors are flocking to Hungary.Tesla is likely to continue losing EV market share in Europe, as its competitors are positioning themselves to produce EVs at a lower cost.I expect its shares to be range-bound between $100/share and $300/share for the foreseeable future, therefore, $150/share or below should be considered a good entry point.Xiaolu ChuInvestment thesis: Having established itself as a dominant, profitable EV producer, Tesla (NASDAQ:TSLA) recently moved on to the next phase in its competition with emerging EV producers, namely an increasingly brutal fight for market share. With the backing of solid profit margins, it can afford to undercut competitors, especially in the Developed World, most of which are still struggling to produce & sell EVs at a profit. Europe might emerge as an exception, where Tesla bet on producing its cars in Germany, while much of its German & Chinese competition is building up capacity in Hungary where there is a clear comparative advantage in labor, energy, and government taxation costs. Lower production costs mean those companies that are investing heavily in EV production capacity in Hungary and other Eastern EU states, are increasingly in a position to engage in price discounting to counter anything that Tesla may try to do. Tesla is losing ground to its competition in Europe within the EV market this decade and it may continue to do so going forward. Using the European market as a case study, we can conclude that Tesla's future outlook in terms of sales looks set to be one of moderate growth, which does not support current P/E valuations. As such, I see Tesla stock trading in the $100/share to $300/share range for the foreseeable future.Tesla's Q4 results:For the fourth quarter of 2023, Tesla saw an increase in revenues of 3%, to $25.17 billion. It is nowhere near the growth levels one might expect from a company that currently has a forward P/E ratio of about 60, in other words, about two and a half times higher than the S&P index. The net income attributable to shareholders increased by 115%, to $7.93 billion, which does partially justify continuing to have Tesla stock trading at a P/E ratio that is priced for growth. It should also be noted that profit margins were healthy, with net earnings at 31.5% of revenues. It is an enviable level of profitability, even as many car companies are still trying to figure out how to profitable sell EVs.Growth in vehicle deliveries was significant, with a 13% increase in deliveries in Q4, 2023, compared with Q4, 2022. The reason why it did not translate into a corresponding increase in revenues is in large part due to a decline in the average price of Tesla cars sold. One factor was Tesla's policy of discounting its cars to start fighting for market share.How Tesla compares to peers in terms of EV market share in Europe:Tesla is currently far from being the most dominant EV maker & seller in Europe.Data source: InsideEVsIt is notably beating European luxury carmakers like Mercedes (OTCPK:MBGYY) & BMW (OTCPK:BMWYY), both of which I expected to do a lot better in the EV sector, given that they are already catering to the same income demographic that tends to buy EVs. Both of those companies are in the process of taking part in what is shaping up to become a marriage made in Hungary, between European carmakers and Asian EV battery producers, which they hope to help them conquer the European EV market.Tesla's potential production cost disadvantage in Europe, as competitors flock to more cost-effective places.Hungary is emerging as a world leader in EV battery production, thanks to Asian investments and it is also seeing massive inflows of investments in EV assembly plants.Visual CapitalistWith new investments such as CATL in the pipeline, Hungary will probably maintain its role as Europe's largest EV battery producer for the foreseeable future, and with that, it will also play a significant role as an EV manufacturing hub. None of this happened accidentally. Hungary offers significant advantages, especially for manufacturing enterprises.Corporate taxes.Hungary's current corporate tax rate is the lowest in the EU, while Germany's is the second-highest in Europe.Tax FoundationIt is difficult to quantify just how great of an impact corporate tax rates will have on producing and selling an EV. We should keep in mind that those lower corporate tax rates work their way through the entire supply chain that supports the final assembly of EVs.Energy costs.Hungary is one of the lower-cost places in terms of energy prices, while Germany is among the highest in the non-household segment of the economy.ECThe difference in electricity costs for non-household consumers may not be great, but it is yet another cost advantage that German car manufacturers, as well as now BYD (OTCPK:BYDDF) are looking to take advantage of. These costs also work throughout the supply chain.Labor costs.When most people think of outsourcing, within the European context from Western Europe toward the Eastern part of the EU, labor costs tend to come to mind instantly. There is no significant advantage that Hungary has over its immediate neighbors, such as Slovakia or Romania in this regard. Average gross wages in Hungary are about 3 times lower than they are in Germany. That is a significant difference. It is hard to accurately quantify what all these savings mean for Germany's automakers, in particular when it comes to producing EVs at a cost advantage relative to Tesla. A decade-old estimate from Mercedes (OTCPK:MBGAF) suggests that at least back then the savings per vehicle produced in Hungary were as high as 30% of total production costs. Much has changed since then, including a narrowing in the wage gap. On the other hand, energy prices increased more dramatically in Germany over the past few years.German EV manufacturers to produce models that directly compete with Tesla models in Hungary. BYD joins the trend.BMW's Hungary EV & new generation battery plant.BMW is set to produce some of the models that compete with Tesla's Model Y at its new plant in Hungary by the end of next year. A successor to the BMW iX3 is one of the models that BMW plans to produce there. The successor version of the model will feature BMW's in-house battery, which is supposed to provide 30% faster charging, as well as up to 30% more range. Its current range of 240 miles could thus get a significant boost that will take it above 300 miles. It remains to be seen whether or not the price will also be lowered. It currently sells at just under $90,000 for the base model, versus Tesla's model Y which sells at a starting price of $46,000. BMW has a long way to go to close that price gap, but it is possible that with the cost savings related to producing its cars in Hungary, it will be able to significantly lower the price, even as it improves on performance.Mercedes & Audi have a long-established presence in Hungary that is now being retooled for EV production.Mercedes & Audi have a well-established presence in Hungary. Mercedes decided to use a flex plant model, where it can easily switch between producing EVs or conventional cars. The electric EQB SUV with a range of 240 miles, starts at $53,900 and is being manufactured in Hungary. It is price-competitive compared with Tesla's Model Y, but it lacks a bit of range, which seems to be at the heart of the lack of success that Mercedes is seeing in the EV market. Volkswagen's (OTCPK:VLKAF) Audi Q4 and other Volkswagen group EV models have electric motors built in Hungary, which helps it save money on labor, taxes, and energy costs.Tesla's main global competitor looks to compete in Europe.BYD seems to have the same idea as German EV makers, given that it recently announced plans to build its first EV assembly plant in Hungary. It could be argued that it might be a way to simply try to maximize profits for BYD and all other companies that are converging on the one country that seems to have had a longer-term vision of catering to the EV industry. The profit motive may be the primary driver of EV producers and battery manufacturers converging to the place where they can be arguably the most cost-effective in Europe. If or when the battle for EV market share in Europe intensifies, Tesla's main competitors seem to be well-positioned to compete. Tesla's decision to assemble its cars in Germany on the other hand may have lessened its ability to do in Europe what it has done for most of the past decade, namely outcompete its Western market competitors, even as it became a highly profitable company.Investment implications.The reasoning behind the upgrade from sell to hold.I bought Tesla stock last year at just over $120/share and sold once it reached $195, as I pointed out in an article at the beginning of 2023. My current upgrade to a hold from a sell back then is by no means a reflection of a change in my overall view in terms of performance expectations. The only difference is that back in February 2023 Tesla stock was on an upswing, so an opportunity arose to take profits, while now it is on a downswing, thus I am looking for the price to be right once again to get back in. In other words, it is now once again a stock of interest that I am watching, thus the upgrade.Tesla stock price & other metrics (Seeking Alpha)I missed out last year as it went as high as over $290/share, however as I write this, Tesla stock trades just slightly below my exit price point, therefore holding would not have earned me any extra gains on the trade as of right now. I am currently looking to start buying Tesla stock again if it drops below $150 or so, which is when the P/E ratio will start to resemble reasonable fundamentals of the company as I perceive them. As we can see, even after the recent decline in its stock price, Tesla stock is still trading at about twice the P/E valuation of the overall market.Tesla's higher P/E relative to peers may be partially justified.One of the bear cases that can be made for Tesla is the massive discrepancy between its P/E and that of its automotive industry peers. For instance, BMW, which I foresee as becoming a major competitor in Europe for EV market share, especially within the luxury segment, has a forward P/E of only about 5.BMW stock and other financial metrics (Seeking Alpha)It also offers a very generous dividend yield of about 8.7%, which in theory should justify a higher P/E. The difference is that BMW is far from being a growth stock. It may increase EV sales in the future, but it will likely come at a cost, with conventional car sales set to decline.BMWAs we can see, yearly sales have been holding flat in the past years. My personal view is that the EU EV transition plan to 2035 will lead to an overall decline in European car sales. BMW might see a net decline in total sales as a result, even though comparatively speaking it might emerge as one of the least-impacted European automakers, as I pointed out in an article in 2022. I do not think that Tesla's growth prospects justify a P/E ratio that is about 12 times higher than BMW's, but its growth profile, versus the no growth profile of BMW, does justify a significantly higher P/E valuation.Tesla lost EV market share in Europe this decade.With my analysis of Tesla's situation in Europe in mind, my perception of Tesla's overall fundamentals is that it is maturing into a solid company within the global auto industry, with strong profit margins, as well as the potential for continued moderate long-term sales growth.Data sources: Good car bad car.net, InsideEVsAs we can see, Tesla continues to capture more of the total automotive market share in Europe, together with the rest of the EV industry. Even as the EV industry slowed significantly in 2023 in terms of increasing its automotive sector market share, Tesla still managed to significantly increase its market share. That may not necessarily be an indication of how things will go this year and beyond, because as I pointed out, most of its competitors are gearing up to compete more intensely. Furthermore, looking at a multi-year performance, for instance, from 2019 until the present, the overall EV industry in Europe outperformed Tesla. Tesla's share of the European auto market grew about four-fold in the period, while the overall share of the EV industry grew about seven-fold, as the chart shows. In other words, this decade, Tesla is underperforming the overall European EV market in terms of sales growth.The size of the global luxury car market is limited and Tesla already plays a sizable role, therefore it is unclear how much more of it is up for grabs.It should also be noted that all of Tesla's current models target the luxury car segment in terms of potential consumers, which is as true in Europe as it is in the US or China. The total global luxury car market is estimated to be $655 billion as of 2023. Tesla is already about 13% of the global luxury car market, based on its total automotive revenues of $82.42 billion in 2023. It is questionable just how much further that market share can be expanded.Europe's luxury carmakers are gearing up to fight for market share by keeping manufacturing costs low, as I thoroughly examined in this article. Elsewhere, competition will continue to be fierce as well, especially given that the luxury segment tends to be where the profits are for EV makers. We should not write off the ICE-powered cars from retaining a significant portion of the global luxury car segment, as well as the European car market. Many luxury car enthusiasts continue to prefer it to electric.The global luxury car market will probably continue to expand, although it might disappoint current expectations of it reaching the trillion-dollar mark by the end of the decade. Tesla's sales growth may increasingly reflect the growth in the global luxury car market, as well as the growth of the EV segment within the overall luxury car market. I expect EVs to become dominant within the luxury car segment worldwide, perhaps by the end of the decade, whereas as of 2022, they captured about 30% of the luxury car market.Conclusion:Within this context, I expect Tesla's shares to mostly trade between $100/share and $300/share for the foreseeable future. Buyers will flock to it as it approaches $100/share, where its valuation will look increasingly reasonable, and sell as it approaches $300/share, where it will look increasingly out of step in terms of its fundamentals. For reference, with all else held equal, If Tesla stock were to trade at $100/share, its P/E ratio would drop to about 31, just slightly above the S&P 500 P/E ratio currently at just over 26. Based on my view, I see Tesla's P/E ratio approaching the market's average P/E as a likely bottom, namely that most investors would choose Tesla over owning the broader market, once P/E ratios converge. It was the same reasoning that led me to buy Tesla stock early last year as it went to $120/share. I just don't see much downside for this stock once it gets close to the overall market in terms of valuation. Therefore it is worth buying its stock whenever it falls below $150/share in my view, knowing that the downside is limited from that point on and selling once its shares rise above $200/share.","news_type":1},"isVote":1,"tweetType":1,"viewCount":559,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":270987698766072,"gmtCreate":1707196900258,"gmtModify":1707196904499,"author":{"id":"3574984385549978","authorId":"3574984385549978","name":"JimmyChua","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574984385549978","authorIdStr":"3574984385549978"},"themes":[],"htmlText":"Drop please","listText":"Drop please","text":"Drop please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/270987698766072","repostId":"1146764800","repostType":4,"repost":{"id":"1146764800","kind":"news","pubTimestamp":1707190200,"share":"https://ttm.financial/m/news/1146764800?lang=&edition=fundamental","pubTime":"2024-02-06 11:30","language":"en","title":"RBA Leaves Cash Rate at 4.35pc, Keeps Tightening Bias","url":"https://stock-news.laohu8.com/highlight/detail?id=1146764800","media":"The Australian Financial Review","summary":"The number: The Reserve Bank of Australia left the cash rate on hold at 4.35 per cent as widely predicted by the market and economists.Why it matters: It is the central bank’s first policy meeting this year under the new format of a two-day board meeting and media conference. They also released quarterly economic forecasts.What has changed: Inflation slowed faster than expected in the December quarter, prompting traders to bet that the first interest rate cut will happen by August of this year. ","content":"<html><head></head><body><p style=\"text-align: start;\"><strong>The number:</strong> The Reserve Bank of Australia left the cash rate on hold at 4.35 per cent, but downgraded its own forecasts for inflation and growth, while upgrading its jobless rate projection.</p><p style=\"text-align: start;\"><strong>What was said: </strong>The RBA has maintained its tightening bias, saying “further increase in interest rates cannot be ruled out”, according to the statement.</p><p style=\"text-align: start;\"><strong>Why it matters:</strong> It is the central bank’s first policy meeting this year under the new format of a two-day board meeting and media conference and the release of economic forecasts.</p><p style=\"text-align: start;\"><strong>What has changed: </strong>Inflation slowed faster than expected in the December quarter, prompting traders to bet that the first interest rate cut will happen by September of this year. Markets are expecting the US Federal Reserve to start easing its monetary policy by May.<strong><br/><br/>What’s next:</strong> RBA governor Michele Bullock will hold a media conference at 3.30p</p></body></html>","source":"afr_stock","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>RBA Leaves Cash Rate at 4.35pc, Keeps Tightening Bias</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\">\nRBA Leaves Cash Rate at 4.35pc, Keeps Tightening Bias\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-02-06 11:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.afr.com/markets/equity-markets/asx-to-drop-rba-policy-decision-pending-20240206-p5f2m9><strong>The Australian Financial Review</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The number: The Reserve Bank of Australia left the cash rate on hold at 4.35 per cent, but downgraded its own forecasts for inflation and growth, while upgrading its jobless rate projection.What was ...</p>\n\n<a href=\"https://www.afr.com/markets/equity-markets/asx-to-drop-rba-policy-decision-pending-20240206-p5f2m9\">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.afr.com/markets/equity-markets/asx-to-drop-rba-policy-decision-pending-20240206-p5f2m9","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146764800","content_text":"The number: The Reserve Bank of Australia left the cash rate on hold at 4.35 per cent, but downgraded its own forecasts for inflation and growth, while upgrading its jobless rate projection.What was said: The RBA has maintained its tightening bias, saying “further increase in interest rates cannot be ruled out”, according to the statement.Why it matters: It is the central bank’s first policy meeting this year under the new format of a two-day board meeting and media conference and the release of economic forecasts.What has changed: Inflation slowed faster than expected in the December quarter, prompting traders to bet that the first interest rate cut will happen by September of this year. Markets are expecting the US Federal Reserve to start easing its monetary policy by May.What’s next: RBA governor Michele Bullock will hold a media conference at 3.30p","news_type":1},"isVote":1,"tweetType":1,"viewCount":466,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":270987698446448,"gmtCreate":1707196887641,"gmtModify":1707196891816,"author":{"id":"3574984385549978","authorId":"3574984385549978","name":"JimmyChua","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574984385549978","authorIdStr":"3574984385549978"},"themes":[],"htmlText":"T5 soon&nbsp;","listText":"T5 soon&nbsp;","text":"T5 soon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/270987698446448","repostId":"1156477234","repostType":4,"repost":{"id":"1156477234","kind":"news","pubTimestamp":1707189952,"share":"https://ttm.financial/m/news/1156477234?lang=&edition=fundamental","pubTime":"2024-02-06 11:25","market":"sg","language":"en","title":"Singapore Sees Changi Airport Traffic Hitting Pre-Covid Levels This Year","url":"https://stock-news.laohu8.com/highlight/detail?id=1156477234","media":"Bloomberg","summary":"Changi passenger volumes at 86% of pre-Covid levels in 2023Construction of fifth airport terminal to start next yearFor the full year of 2023, the airport handled 58.9 million passenger movements.Sing","content":"<html><head></head><body><ul style=\"\"><li><p>Changi passenger volumes at 86% of pre-Covid levels in 2023</p></li><li><p>Construction of fifth airport terminal to start next year</p></li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/37f666149b96d3c603e994a49f2003c0\" alt=\"For the full year of 2023, the airport handled 58.9 million passenger movements.\" title=\"For the full year of 2023, the airport handled 58.9 million passenger movements.\" tg-width=\"2000\" tg-height=\"1313\"/><span>For the full year of 2023, the airport handled 58.9 million passenger movements.</span></p><p style=\"text-align: start;\">Singapore Changi Airport’s passenger volumes are expected to reach pre-pandemic levels in 2024, the country’s transport ministry said in a written response to parliamentary questions.</p><p style=\"text-align: start;\">Monthly passenger traffic recovered to around 90% of pre-Covid levels in December. For the full year of 2023, the airport handled 58.9 million passenger movements, or 86% of traffic recorded in 2019, the ministry said.</p><p style=\"text-align: start;\">To meet longer term demand for air travel, the financial hub plans to start construction of a fifth airport terminal next year and expects it to be operational in mid-2030s, it added.</p></body></html>","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>Singapore Sees Changi Airport Traffic Hitting Pre-Covid Levels This Year</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\">\nSingapore Sees Changi Airport Traffic Hitting Pre-Covid Levels This Year\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-02-06 11:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2024-02-06/singapore-sees-changi-airport-traffic-hitting-pre-covid-levels-this-year?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Changi passenger volumes at 86% of pre-Covid levels in 2023Construction of fifth airport terminal to start next yearFor the full year of 2023, the airport handled 58.9 million passenger movements....</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2024-02-06/singapore-sees-changi-airport-traffic-hitting-pre-covid-levels-this-year?srnd=premium\">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/news/articles/2024-02-06/singapore-sees-changi-airport-traffic-hitting-pre-covid-levels-this-year?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1156477234","content_text":"Changi passenger volumes at 86% of pre-Covid levels in 2023Construction of fifth airport terminal to start next yearFor the full year of 2023, the airport handled 58.9 million passenger movements.Singapore Changi Airport’s passenger volumes are expected to reach pre-pandemic levels in 2024, the country’s transport ministry said in a written response to parliamentary questions.Monthly passenger traffic recovered to around 90% of pre-Covid levels in December. For the full year of 2023, the airport handled 58.9 million passenger movements, or 86% of traffic recorded in 2019, the ministry said.To meet longer term demand for air travel, the financial hub plans to start construction of a fifth airport terminal next year and expects it to be operational in mid-2030s, it added.","news_type":1},"isVote":1,"tweetType":1,"viewCount":394,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":270987603099760,"gmtCreate":1707196864363,"gmtModify":1707196868907,"author":{"id":"3574984385549978","authorId":"3574984385549978","name":"JimmyChua","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574984385549978","authorIdStr":"3574984385549978"},"themes":[],"htmlText":"Can short?","listText":"Can short?","text":"Can short?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/270987603099760","repostId":"2409437695","repostType":2,"repost":{"id":"2409437695","kind":"highlight","pubTimestamp":1707196335,"share":"https://ttm.financial/m/news/2409437695?lang=&edition=fundamental","pubTime":"2024-02-06 13:12","market":"us","language":"en","title":"Meta Platforms Forecast: New Dividend Makes META Stock a Slam-Dunk","url":"https://stock-news.laohu8.com/highlight/detail?id=2409437695","media":"InvestorPlace","summary":"Meta Platforms' strong financial results, along with the company's upcoming dividend payouts and share buybacks, make the case for META stock.","content":"<html><head></head><body><ul style=\"\"><li><p><a href=\"https://laohu8.com/S/META\">Meta Platforms</a> stock surged due to the company’s expectation-beating quarterly results.</p></li><li><p>Furthermore, investor are enthused about Meta Platforms’ upcoming first-ever dividend payments.</p></li><li><p>Investors should consider buying and holding some META stock shares.</p></li></ul><p>A new earnings season always brings triumph and disappointments. This time around, Meta Platforms definitely belongs in the “triumph” category and truly earned its “Magnificent Seven” designation. My META stock forecast indicates that, while the stock might not look super-cheap right now, it’s worth owning for the remainder of 2024 at least.</p><p>Indeed, you’ll get more than the usual share-price appreciation from Meta Platforms this year. You’ll also get a nice bonus, which passive-income investors ought to appreciate. So, let’s delve into the details and uncover the ever-improving bull case for Meta Platforms.</p><h2 id=\"id_1859022231\">META Stock Zooms Ahead on Terrific Quarterly Results</h2><p>The skeptics can question Meta Platforms’ valuation all day long if they want to. They can also look askance at CEO Mark Zuckerberg as he obsesses about the metaverse. None of this, however, negates Meta Platforms’ undeniably positive fourth-quarter 2023 financial results.</p><p>These results, along with Meta Platforms’ forward guidance, could be described as across-the-board beats. For example, the company reported adjusted earnings of $5.33 per share, which surpassed the analysts’ consensus estimate of $4.82 per share.</p><p>Furthermore, while Wall Street expected Meta Platforms to generate quarterly revenue of $39.1 billion, the company actually reported $40.1 billion. This represents 25% year-over-year growth — not too shabby, you must admit.</p><p>Additionally, Meta Platforms guided for first-quarter 2024 revenue of $34.5 billion to $37 billion. There’s a beat here, as well, since Wall Street had projected current-quarter revenue of $33.9 billion for Meta Platforms. Therefore, it’s not too shocking that META stock jumped after the company released its data and outlook.</p><h2 id=\"id_1172239678\">Buybacks and Dividends, Oh My!</h2><p>Does Meta Platforms actually respect its shareholders? Skeptical investors might have asked that question in the past, but now there’s a definitive answer: Yes!</p><p>One way for Meta Platforms to demonstrate respect for its investors is by repurchasing the company’s own shares. This reduces the pool of available shares, thereby keeping the supply low and potentially putting a floor on the META stock price. To that end, Meta Platforms announced a $50 billion increase in the company’s share-repurchase program.</p><p>Moreover, Meta Platforms showed respect for the shareholders by disclosing the company’s upcoming first-ever dividend payment. It’s only 50 cents per share, which isn’t a mind-blowing amount when the stock price is over $400.</p><p>Still, the market is already quite enthused about Meta Platforms finally initiating dividend distributions after many years of not doing so. It’s actually prompting questions about whether other “Magnificent Seven” companies will follow Meta Platforms’ lead and initiate their own dividend programs.</p><h2 id=\"id_3485145544\">Bullish META Stock Forecast: What More Could You Ask For?</h2><p>I suppose you could ask for an ultra-low valuation, but let’s not nitpick. Meta Platforms’ investors now get growth and momentum, along with dividend payouts and the assurance that comes with corporate share buybacks.</p><p>It’s about as close to the total package that any reasonable investor could ask for. Consequently, my META stock forecast is definitely bullish. Feel free to pick up some Meta shares today, and get ready to reinvest the upcoming dividend distributions.</p></body></html>","source":"investorplace_stock_picks","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>Meta Platforms Forecast: New Dividend Makes META Stock a Slam-Dunk</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\">\nMeta Platforms Forecast: New Dividend Makes META Stock a Slam-Dunk\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-02-06 13:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2024/02/meta-platforms-forecast-new-dividend-makes-meta-stock-a-slam-dunk/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Meta Platforms stock surged due to the company’s expectation-beating quarterly results.Furthermore, investor are enthused about Meta Platforms’ upcoming first-ever dividend payments.Investors should ...</p>\n\n<a href=\"https://investorplace.com/2024/02/meta-platforms-forecast-new-dividend-makes-meta-stock-a-slam-dunk/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0070302665.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) ACC","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU0320765059.SGD":"FTIF - 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Value A Acc USD","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","BK4077":"互动媒体与服务","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","BK4588":"碎股","GB00B4QBRK32.GBP":"FUNDSMITH EQUITY \"R\" (GBP) INC","LU0056508442.USD":"贝莱德世界科技基金A2","IE00B19Z3B42.SGD":"Legg Mason ClearBridge - Value A Acc SGD","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","GB00B4LPDJ14.GBP":"FUNDSMITH EQUITY \"R\" (GBP) ACC","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","IE00BMPRXN33.USD":"NEUBERGER BERMAN 5G CONNECTIVITY \"A\" (USD) ACC","IE00BKDWB100.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5H\" (SGDHDG) ACC","LU0310799852.SGD":"FTIF - Templeton Global Equity Income A MDIS SGD","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","LU0320765489.SGD":"FTIF - Franklin Mutual US Value A Acc SGD"},"source_url":"https://investorplace.com/2024/02/meta-platforms-forecast-new-dividend-makes-meta-stock-a-slam-dunk/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2409437695","content_text":"Meta Platforms stock surged due to the company’s expectation-beating quarterly results.Furthermore, investor are enthused about Meta Platforms’ upcoming first-ever dividend payments.Investors should consider buying and holding some META stock shares.A new earnings season always brings triumph and disappointments. This time around, Meta Platforms definitely belongs in the “triumph” category and truly earned its “Magnificent Seven” designation. My META stock forecast indicates that, while the stock might not look super-cheap right now, it’s worth owning for the remainder of 2024 at least.Indeed, you’ll get more than the usual share-price appreciation from Meta Platforms this year. You’ll also get a nice bonus, which passive-income investors ought to appreciate. So, let’s delve into the details and uncover the ever-improving bull case for Meta Platforms.META Stock Zooms Ahead on Terrific Quarterly ResultsThe skeptics can question Meta Platforms’ valuation all day long if they want to. They can also look askance at CEO Mark Zuckerberg as he obsesses about the metaverse. None of this, however, negates Meta Platforms’ undeniably positive fourth-quarter 2023 financial results.These results, along with Meta Platforms’ forward guidance, could be described as across-the-board beats. For example, the company reported adjusted earnings of $5.33 per share, which surpassed the analysts’ consensus estimate of $4.82 per share.Furthermore, while Wall Street expected Meta Platforms to generate quarterly revenue of $39.1 billion, the company actually reported $40.1 billion. This represents 25% year-over-year growth — not too shabby, you must admit.Additionally, Meta Platforms guided for first-quarter 2024 revenue of $34.5 billion to $37 billion. There’s a beat here, as well, since Wall Street had projected current-quarter revenue of $33.9 billion for Meta Platforms. Therefore, it’s not too shocking that META stock jumped after the company released its data and outlook.Buybacks and Dividends, Oh My!Does Meta Platforms actually respect its shareholders? Skeptical investors might have asked that question in the past, but now there’s a definitive answer: Yes!One way for Meta Platforms to demonstrate respect for its investors is by repurchasing the company’s own shares. This reduces the pool of available shares, thereby keeping the supply low and potentially putting a floor on the META stock price. To that end, Meta Platforms announced a $50 billion increase in the company’s share-repurchase program.Moreover, Meta Platforms showed respect for the shareholders by disclosing the company’s upcoming first-ever dividend payment. It’s only 50 cents per share, which isn’t a mind-blowing amount when the stock price is over $400.Still, the market is already quite enthused about Meta Platforms finally initiating dividend distributions after many years of not doing so. It’s actually prompting questions about whether other “Magnificent Seven” companies will follow Meta Platforms’ lead and initiate their own dividend programs.Bullish META Stock Forecast: What More Could You Ask For?I suppose you could ask for an ultra-low valuation, but let’s not nitpick. Meta Platforms’ investors now get growth and momentum, along with dividend payouts and the assurance that comes with corporate share buybacks.It’s about as close to the total package that any reasonable investor could ask for. Consequently, my META stock forecast is definitely bullish. Feel free to pick up some Meta shares today, and get ready to reinvest the upcoming dividend distributions.","news_type":1},"isVote":1,"tweetType":1,"viewCount":287,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":270928685519112,"gmtCreate":1707182493170,"gmtModify":1707182498401,"author":{"id":"3574984385549978","authorId":"3574984385549978","name":"JimmyChua","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574984385549978","authorIdStr":"3574984385549978"},"themes":[],"htmlText":"Strong asset base that is undervalued. Not linked to sales&nbsp;","listText":"Strong asset base that is undervalued. Not linked to sales&nbsp;","text":"Strong asset base that is undervalued. Not linked to sales","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/270928685519112","repostId":"2392933980","repostType":2,"repost":{"id":"2392933980","kind":"highlight","pubTimestamp":1702858543,"share":"https://ttm.financial/m/news/2392933980?lang=&edition=fundamental","pubTime":"2023-12-18 08:15","market":"us","language":"en","title":"What Noel Gifts International Ltd's (SGX:543) 26% Share Price Gain Is Not Telling You","url":"https://stock-news.laohu8.com/highlight/detail?id=2392933980","media":"Simply Wall St.","summary":"Noel Gifts International Ltd  shareholders would be excited to see that the share price has had a great month, posting a 26% gain and recovering from prior weakness. Looking back a bit further, it's encouraging to see the stock is up 35% in the last year.Following the firm bounce in price, you could be forgiven for thinking Noel Gifts International is a stock not worth researching with a price-to-sales ratios  of 1.5x, considering almost half the companies in Singapore's Specialty Retail industry have P/S ratios below 0.8x. However, the P/S might be high for a reason and it requires further investigation to determine if it's justified.Check out our latest analysis for Noel Gifts International. What Does Noel Gifts International's Recent Performance Look Like?Our examination of Noel Gifts International revealed its shrinking revenue over the medium-term isn't resulting in a P/S as low as we expected, given the industry is set to grow. With a re","content":"<html><body><p><strong>Noel Gifts International Ltd</strong> (SGX:543) shareholders would be excited to see that the share price has had a great month, posting a 26% gain and recovering from prior weakness. Looking back a bit further, it's encouraging to see the stock is up 35% in the last year. </p>\n<p> Following the firm bounce in price, you could be forgiven for thinking Noel Gifts International is a stock not worth researching with a price-to-sales ratios (or \"P/S\") of 1.5x, considering almost half the companies in Singapore's Specialty Retail industry have P/S ratios below 0.8x. However, the P/S might be high for a reason and it requires further investigation to determine if it's justified. </p>\n<p><span> Check out our latest analysis for Noel Gifts International </span></p>\n<figure>\n<img height=\"325\" src=\"https://s.yimg.com/uu/api/res/1.2/tRMYJeOKIvyrxdQSfP6Lww--/cT03NTthcHBpZD15dmlkZW9mZWVkczs-/https://media.zenfs.com/en/simply_wall_st__316/0620ee02b4264870a90e0b8ba599b88d\" width=\"820\"/>\n<figcaption>\n  SGX:543 Price to Sales Ratio vs Industry December 18th 2023\n </figcaption>\n</figure>\n<h3> What Does Noel Gifts International's Recent Performance Look Like? </h3>\n<p> For example, consider that Noel Gifts International's financial performance has been poor lately as its revenue has been in decline. It might be that many expect the company to still outplay most other companies over the coming period, which has kept the P/S from collapsing. You'd really hope so, otherwise you're paying a pretty hefty price for no particular reason. </p> Want the full picture on earnings, revenue and cash flow for the company? Then our \n<strong>free </strong>report on Noel Gifts International will help you shine a light on its historical performance. \n<h2> What Are Revenue Growth Metrics Telling Us About The High P/S? </h2>\n<p> In order to justify its P/S ratio, Noel Gifts International would need to produce impressive growth in excess of the industry. </p>\n<p> In reviewing the last year of financials, we were disheartened to see the company's revenues fell to the tune of 10%. As a result, revenue from three years ago have also fallen 6.8% overall. So unfortunately, we have to acknowledge that the company has not done a great job of growing revenue over that time. </p>\n<p> Weighing that medium-term revenue trajectory against the broader industry's one-year forecast for expansion of 13% shows it's an unpleasant look. </p>\n<p> With this information, we find it concerning that Noel Gifts International is trading at a P/S higher than the industry. It seems most investors are ignoring the recent poor growth rate and are hoping for a turnaround in the company's business prospects. Only the boldest would assume these prices are sustainable as a continuation of recent revenue trends is likely to weigh heavily on the share price eventually. </p>\n<h2> What We Can Learn From Noel Gifts International's P/S? </h2>\n<p> The large bounce in Noel Gifts International's shares has lifted the company's P/S handsomely. Using the price-to-sales ratio alone to determine if you should sell your stock isn't sensible, however it can be a practical guide to the company's future prospects. </p>\n<p> Our examination of Noel Gifts International revealed its shrinking revenue over the medium-term isn't resulting in a P/S as low as we expected, given the industry is set to grow. With a revenue decline on investors' minds, the likelihood of a souring sentiment is quite high which could send the P/S back in line with what we'd expect. Unless the the circumstances surrounding the recent medium-term improve, it wouldn't be wrong to expect a a difficult period ahead for the company's shareholders. </p>\n<p> And what about other risks? Every company has them, and we've spotted  <strong> 4 warning signs for Noel Gifts International </strong>  (of which 1 can't be ignored!) you should know about. </p>\n<p> It's important to <strong>make sure you look for a great company, not just the first idea you come across.</strong> So if growing profitability aligns with your idea of a great company, take a peek at this <strong>free</strong> list of interesting companies with strong recent earnings growth (and a low P/E). </p>\n<p><strong>Have feedback on this article? Concerned about the content?</strong> <strong>Get in touch</strong><strong> with us directly.</strong><i> Alternatively, email editorial-team (at) simplywallst.com.</i><br/><br/><i>This article by Simply Wall St is general in nature. <strong>We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice.</strong> It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.</i><br/><br/></p></body></html>","source":"yahoofinance_sg","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>What Noel Gifts International Ltd's (SGX:543) 26% Share Price Gain Is Not Telling You</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\">\nWhat Noel Gifts International Ltd's (SGX:543) 26% Share Price Gain Is Not Telling You\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-12-18 08:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/noel-gifts-international-ltds-sgx-001543733.html><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Noel Gifts International Ltd (SGX:543) shareholders would be excited to see that the share price has had a great month, posting a 26% gain and recovering from prior weakness. Looking back a bit ...</p>\n\n<a href=\"https://finance.yahoo.com/news/noel-gifts-international-ltds-sgx-001543733.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://s.yimg.com/uu/api/res/1.2/dRNnkf7eGrWqIMNAR8UGRw--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/c6e5788321104192c94e273fc848befb","relate_stocks":{"BK6514":"零售商股","BK6105":"专卖店","543.SI":"隆辉礼品國際有限公司"},"source_url":"https://finance.yahoo.com/news/noel-gifts-international-ltds-sgx-001543733.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2392933980","content_text":"Noel Gifts International Ltd (SGX:543) shareholders would be excited to see that the share price has had a great month, posting a 26% gain and recovering from prior weakness. Looking back a bit further, it's encouraging to see the stock is up 35% in the last year. \n Following the firm bounce in price, you could be forgiven for thinking Noel Gifts International is a stock not worth researching with a price-to-sales ratios (or \"P/S\") of 1.5x, considering almost half the companies in Singapore's Specialty Retail industry have P/S ratios below 0.8x. However, the P/S might be high for a reason and it requires further investigation to determine if it's justified. \n Check out our latest analysis for Noel Gifts International \n\n\n\n  SGX:543 Price to Sales Ratio vs Industry December 18th 2023\n \n\n What Does Noel Gifts International's Recent Performance Look Like? \n For example, consider that Noel Gifts International's financial performance has been poor lately as its revenue has been in decline. It might be that many expect the company to still outplay most other companies over the coming period, which has kept the P/S from collapsing. You'd really hope so, otherwise you're paying a pretty hefty price for no particular reason.  Want the full picture on earnings, revenue and cash flow for the company? Then our \nfree report on Noel Gifts International will help you shine a light on its historical performance. \n What Are Revenue Growth Metrics Telling Us About The High P/S? \n In order to justify its P/S ratio, Noel Gifts International would need to produce impressive growth in excess of the industry. \n In reviewing the last year of financials, we were disheartened to see the company's revenues fell to the tune of 10%. As a result, revenue from three years ago have also fallen 6.8% overall. So unfortunately, we have to acknowledge that the company has not done a great job of growing revenue over that time. \n Weighing that medium-term revenue trajectory against the broader industry's one-year forecast for expansion of 13% shows it's an unpleasant look. \n With this information, we find it concerning that Noel Gifts International is trading at a P/S higher than the industry. It seems most investors are ignoring the recent poor growth rate and are hoping for a turnaround in the company's business prospects. Only the boldest would assume these prices are sustainable as a continuation of recent revenue trends is likely to weigh heavily on the share price eventually. \n What We Can Learn From Noel Gifts International's P/S? \n The large bounce in Noel Gifts International's shares has lifted the company's P/S handsomely. Using the price-to-sales ratio alone to determine if you should sell your stock isn't sensible, however it can be a practical guide to the company's future prospects. \n Our examination of Noel Gifts International revealed its shrinking revenue over the medium-term isn't resulting in a P/S as low as we expected, given the industry is set to grow. With a revenue decline on investors' minds, the likelihood of a souring sentiment is quite high which could send the P/S back in line with what we'd expect. Unless the the circumstances surrounding the recent medium-term improve, it wouldn't be wrong to expect a a difficult period ahead for the company's shareholders. \n And what about other risks? Every company has them, and we've spotted   4 warning signs for Noel Gifts International   (of which 1 can't be ignored!) you should know about. \n It's important to make sure you look for a great company, not just the first idea you come across. So if growing profitability aligns with your idea of a great company, take a peek at this free list of interesting companies with strong recent earnings growth (and a low P/E). \nHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.","news_type":1},"isVote":1,"tweetType":1,"viewCount":358,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":268139763634360,"gmtCreate":1706495061700,"gmtModify":1706495066644,"author":{"id":"3574984385549978","authorId":"3574984385549978","name":"JimmyChua","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574984385549978","authorIdStr":"3574984385549978"},"themes":[],"htmlText":"Crazy prices. I bought a suzuki swift 1.5 in UK. Only a few k sgd","listText":"Crazy prices. I bought a suzuki swift 1.5 in UK. Only a few k sgd","text":"Crazy prices. I bought a suzuki swift 1.5 in UK. Only a few k sgd","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/268139763634360","repostId":"1148579351","repostType":2,"repost":{"id":"1148579351","kind":"news","pubTimestamp":1706492906,"share":"https://ttm.financial/m/news/1148579351?lang=&edition=fundamental","pubTime":"2024-01-29 09:48","market":"sg","language":"en","title":"Singapore's $200,000 Toyotas Fuel Angst Over Widening Wealth Gap","url":"https://stock-news.laohu8.com/highlight/detail?id=1148579351","media":"Bloomberg","summary":"Permit to own a car spiked at a record $112,000 last yearAffordability debate grows with elevated rents, inflationFor most of her life, Sabrina Vu had a car, even though you can’t drive far in her nat","content":"<html><head></head><body><ul style=\"\"><li><p>Permit to own a car spiked at a record $112,000 last year</p></li><li><p>Affordability debate grows with elevated rents, inflation</p></li></ul><p>For most of her life, Sabrina Vu had a car, even though you can’t drive far in her native Singapore, a city-state about a quarter of the size of Rhode Island.</p><p>But when she went to the showroom for the first time in six years and realized she’d have to shell out the price of an Aston Martin in most countries for a Toyota in the Asian financial hub, she thought again.</p><p>“When we went into the Toyota dealership, they were asking S$260,000 ($193,870) for a hybrid,” she said, giving the price for the car and the permit that’s necessary to drive it in Singapore. “I mean, it’s not even a luxury car,” said the communications manager, 35.</p><p>Singapore’s vehicle ownership cost — already a global outlier — remains not far from a record high, as the government’s zero-growth approach to registering new cars collided with demand from the island-state’s burgeoning rich.</p><p>The price of the vehicle includes the cost of a Certificate of Entitlement — a permit granting the right to own and use a car in Singapore for 10 years. The COE rate is set at an auction every two weeks and has almost quadrupled in three years to reach S$150,000 in October for cars with engines larger than 1.6 liters.</p><p>COE prices cooled off recently after the government increased the number of permits for sale, but they remain vulnerable to sudden spikes. On Jan. 17, the premium surged 32% to S$112,000 for larger cars in the busy period before the Lunar New Year.</p><p>That’s adding to a broader debate around elevated rents, inflation, and an influx of wealthy foreigners in recent years. Singapore’s high living cost is by far the most important issue facing the city-state, according to a survey of residents published in October. The government’s handling of the wealth gap and the price of cars are among the issues they were most dissatisfied with, according to the survey.</p><h3 id=\"id_2217787695\" style=\"text-align: start;\">Wealth Gap</h3><p style=\"text-align: start;\">“COE prices, like many other things actually, emphasize the wealth gap in Singapore,” said Victor Kwan, a senior lecturer at Singapore University of Social Sciences. “If it continues to go up, there will be growing frustration.”</p><p style=\"text-align: start;\">The island-state is the world’s priciest place to own some of the most popular cars, according to cost-of-living data from Numbeo, an online database. What’s more, COEs are unlikely to come down significantly due to constant demand, said Vinod Cherumadathil, the managing director of Sgcarmart, a local online car marketplace owned by the financial arm of Toyota Motor Corp.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e973c7f3b04c5b41f7a2f42f3a17e633\" tg-width=\"768\" tg-height=\"699\"/></p><p>Still, driving in Singapore was never meant to be cheap. Since 1990, the government has controlled the number of cars on the road and in 2018, adopted a zero-growth policy for the vehicle population.</p><p>For most people, it’s also not essential. The city-state has excellent public transport links by bus and subway. The proportion of car-owning resident households has fallen from 40% in 2013 to about one-third in recent years. But owning a car is still seen as a symbol of wealth that many strive toward.</p><p>“I know people who would eat less, eat cheaper, not go out as often to save up for a branded bag or a nice car, because it is almost like a status thing,” said Vu, the prospective buyer.</p><p>Net worth per adult rose 6.3% in Singapore in 2022, giving the city-state more than 300,000 US dollar millionaires, according to UBS Group AG’s global wealth report. Still, COE prices for small cars more than doubled between 2018 and 2023, while median monthly income rose just 2.4%. A worker on a median salary of S$5,197 per month would need to spend about three years’ wages to buy a Toyota sedan.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9f8f526ed31993c8b584b89d6cd327b9\" tg-width=\"763\" tg-height=\"721\"/></p><p>In May, authorities committed to bringing forward 6,000 permits to cool the market, but that failed to arrest prices, prompting the minister in November to pledge to bring forward further the quota of permits to address a trough in supply.</p><p>The Ministry of Transport declined to comment in response to emailed questions from Bloomberg News concerning its views on the spike in COE prices and the question of affordability. In a reply to questions in Parliament on Nov. 6, then-acting Minister Chee Hong Tat said the ministry “understands the concerns of Singaporeans regarding high COE prices.”</p><p>A representative for Inchcape, a distributor for Toyota in Singapore, didn’t respond to emails from Bloomberg News seeking an interview.</p><p>For many Singaporeans, a car remains an important part of their lifestyle. At the Singapore Motorshow earlier this month, Abu Bakar bin Isnin, 64, was mulling purchasing a new vehicle despite a new COE permit costing about twice the price of his nearly expired one.</p><p>“It’s not a luxury, it’s a necessity,” said Abu Bakar, who plans to drive his grandchildren around after retiring from his job as a manager. “People buy cars because it’s necessary to bring your family around, your own family comes first.”</p></body></html>","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>Singapore's $200,000 Toyotas Fuel Angst Over Widening Wealth Gap</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\">\nSingapore's $200,000 Toyotas Fuel Angst Over Widening Wealth Gap\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-01-29 09:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2024-01-28/singapore-s-200-000-toyotas-fuel-angst-over-widening-wealth-gap?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Permit to own a car spiked at a record $112,000 last yearAffordability debate grows with elevated rents, inflationFor most of her life, Sabrina Vu had a car, even though you can’t drive far in her ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2024-01-28/singapore-s-200-000-toyotas-fuel-angst-over-widening-wealth-gap?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":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.bloomberg.com/news/articles/2024-01-28/singapore-s-200-000-toyotas-fuel-angst-over-widening-wealth-gap?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148579351","content_text":"Permit to own a car spiked at a record $112,000 last yearAffordability debate grows with elevated rents, inflationFor most of her life, Sabrina Vu had a car, even though you can’t drive far in her native Singapore, a city-state about a quarter of the size of Rhode Island.But when she went to the showroom for the first time in six years and realized she’d have to shell out the price of an Aston Martin in most countries for a Toyota in the Asian financial hub, she thought again.“When we went into the Toyota dealership, they were asking S$260,000 ($193,870) for a hybrid,” she said, giving the price for the car and the permit that’s necessary to drive it in Singapore. “I mean, it’s not even a luxury car,” said the communications manager, 35.Singapore’s vehicle ownership cost — already a global outlier — remains not far from a record high, as the government’s zero-growth approach to registering new cars collided with demand from the island-state’s burgeoning rich.The price of the vehicle includes the cost of a Certificate of Entitlement — a permit granting the right to own and use a car in Singapore for 10 years. The COE rate is set at an auction every two weeks and has almost quadrupled in three years to reach S$150,000 in October for cars with engines larger than 1.6 liters.COE prices cooled off recently after the government increased the number of permits for sale, but they remain vulnerable to sudden spikes. On Jan. 17, the premium surged 32% to S$112,000 for larger cars in the busy period before the Lunar New Year.That’s adding to a broader debate around elevated rents, inflation, and an influx of wealthy foreigners in recent years. Singapore’s high living cost is by far the most important issue facing the city-state, according to a survey of residents published in October. The government’s handling of the wealth gap and the price of cars are among the issues they were most dissatisfied with, according to the survey.Wealth Gap“COE prices, like many other things actually, emphasize the wealth gap in Singapore,” said Victor Kwan, a senior lecturer at Singapore University of Social Sciences. “If it continues to go up, there will be growing frustration.”The island-state is the world’s priciest place to own some of the most popular cars, according to cost-of-living data from Numbeo, an online database. What’s more, COEs are unlikely to come down significantly due to constant demand, said Vinod Cherumadathil, the managing director of Sgcarmart, a local online car marketplace owned by the financial arm of Toyota Motor Corp.Still, driving in Singapore was never meant to be cheap. Since 1990, the government has controlled the number of cars on the road and in 2018, adopted a zero-growth policy for the vehicle population.For most people, it’s also not essential. The city-state has excellent public transport links by bus and subway. The proportion of car-owning resident households has fallen from 40% in 2013 to about one-third in recent years. But owning a car is still seen as a symbol of wealth that many strive toward.“I know people who would eat less, eat cheaper, not go out as often to save up for a branded bag or a nice car, because it is almost like a status thing,” said Vu, the prospective buyer.Net worth per adult rose 6.3% in Singapore in 2022, giving the city-state more than 300,000 US dollar millionaires, according to UBS Group AG’s global wealth report. Still, COE prices for small cars more than doubled between 2018 and 2023, while median monthly income rose just 2.4%. A worker on a median salary of S$5,197 per month would need to spend about three years’ wages to buy a Toyota sedan.In May, authorities committed to bringing forward 6,000 permits to cool the market, but that failed to arrest prices, prompting the minister in November to pledge to bring forward further the quota of permits to address a trough in supply.The Ministry of Transport declined to comment in response to emailed questions from Bloomberg News concerning its views on the spike in COE prices and the question of affordability. In a reply to questions in Parliament on Nov. 6, then-acting Minister Chee Hong Tat said the ministry “understands the concerns of Singaporeans regarding high COE prices.”A representative for Inchcape, a distributor for Toyota in Singapore, didn’t respond to emails from Bloomberg News seeking an interview.For many Singaporeans, a car remains an important part of their lifestyle. At the Singapore Motorshow earlier this month, Abu Bakar bin Isnin, 64, was mulling purchasing a new vehicle despite a new COE permit costing about twice the price of his nearly expired one.“It’s not a luxury, it’s a necessity,” said Abu Bakar, who plans to drive his grandchildren around after retiring from his job as a manager. “People buy cars because it’s necessary to bring your family around, your own family comes first.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":346,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":265459311722592,"gmtCreate":1705833531277,"gmtModify":1705833536155,"author":{"id":"3574984385549978","authorId":"3574984385549978","name":"JimmyChua","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574984385549978","authorIdStr":"3574984385549978"},"themes":[],"htmlText":"They can use any reason to support which direction they want","listText":"They can use any reason to support which direction they want","text":"They can use any reason to support which direction they want","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/265459311722592","repostId":"1102142121","repostType":2,"repost":{"id":"1102142121","kind":"news","pubTimestamp":1705828172,"share":"https://ttm.financial/m/news/1102142121?lang=&edition=fundamental","pubTime":"2024-01-21 17:09","market":"us","language":"en","title":"Fed to Begin Rate Cut Discussions But Avoid Teeing First One Up","url":"https://stock-news.laohu8.com/highlight/detail?id=1102142121","media":"Bloomberg","summary":"Policymakers can take their time given health of US economyOfficials want to be certain inflation won’t rise back upFederal Reserve Chairman Jerome Powell and his colleagues could be forgiven if they’re feeling a bit like parents on an extended road trip with their children.Investors eager for interest-rate cuts keep asking policymakers, “Are we there yet?”","content":"<html><head></head><body><ul style=\"\"><li><p>Policymakers can take their time given health of US economy</p></li><li><p>Officials want to be certain inflation won’t rise back up</p></li></ul><p>Federal Reserve Chairman Jerome Powell and his colleagues could be forgiven if they’re feeling a bit like parents on an extended road trip with their children.</p><p>Investors eager for interest-rate cuts keep asking policymakers, “Are we there yet?” The repeated reply so far: “Soon, but not quite yet.”</p><p>The Federal Open Market Committee is widely expected to hold interest rates steady for the fourth straight meeting when it gathers in Washington on Jan. 30 and 31. The real focus though will be on what lies ahead, at the FOMC’s March meeting and beyond.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c22660d64551b8fd2d8d4662acb2db57\" tg-width=\"1200\" tg-height=\"675\"/></p><p>Policymakers have recently suggested they’re ready to begin discussing the broad parameters for lowering rates after giving the subject only a passing nod at their last meeting in December. Several have also indicated a willingness to entertain rate cuts in the first half of 2024 if inflation falls faster than expected.</p><p>But officials haven’t given any sign they plan to use their upcoming gathering to tee up a rate cut for March – although that doesn’t preclude one from happening in response to economic shifts between now and then.</p><p>San Francisco Fed President Mary Daly on Friday said it’s “premature” to think interest-rate cuts are around the corner, noting she needs to see more evidence that inflation is on a consistent trajectory back to 2% before easing policy.</p><p>”The Fed can be patient,” said Morgan Stanley chief US economist Ellen Zentner, who expects the first rate cut to come in June.</p><p>Powell and his colleagues can take their time because they won’t be cutting rates to counteract an economic contraction — as has often occurred in the past. Instead, they will be calibrating policy to reflect a surprisingly steep drop in inflation from a multidecade high 1-1/2 years ago.</p><p>“With economic activity and labor markets in good shape and inflation coming down gradually to 2%, I see no reason to move as quickly or cut as rapidly as in the past,” Fed Governor Christopher Waller told the Brookings Institution on Jan. 16.</p><p>His comments – coupled with news of stronger-than-expected retail sales in December – prompted investors to rein in their expectations for a March rate reduction. They now see a slightly less than even chance of that happening, based on trading in the federal funds futures market on Friday. Just a week earlier they put the odds of a reduction at about three in four.</p><h3 id=\"id_1626746499\">Worst Outcome</h3><p>History also argues for the Fed being cautious in initiating rate reductions. In the 1970s, the central bank was too quick off the mark in easing policy before inflation was truly vanquished. That’s an error that even Paul Volcker – widely considered the greatest US central banker – committed in 1980 as the economy weakened, only to reverse course later and drive the US into a deeper downturn.</p><p>The worst outcome would be for policymakers to lower rates and have to raise them again later if inflation moves higher, Atlanta Fed President Raphael Bostic told business leaders on Jan. 18. “We do not want to go on these up-and-down or a back-and-forth pattern,” he said.</p><p>Such thinking will probably prompt the central bank to delay a rate reduction until May, according to economist Claudia Sahm, a former Fed staffer. But once it gets going, it could move quickly, Sahm, who heads her own consulting firm and is a Bloomberg Opinion columnist, said.</p><p>“If inflation looks really good, they could have some 50-basis-point cuts in the second half of the year,” she said.</p><p>Policymakers will receive fresh data on their preferred inflation gauge next Friday, as well as a first read on gross domestic product in the fourth quarter on Thursday.</p><p>Bloomberg Economics chief US economist Anna Wong said she expects the core measure of the Fed’s favored inflation gauge to come in below 2% on a one-, three- and six-month annualized basis.</p><p>Policymakers last month projected they would lower rates by 75 basis points in 2024, according to their median forecast.</p><p>Bostic told Fox Business on Friday said he’s open to changing his views on the timing of interest-rate cuts depending on the data, though he wants to be sure inflation is “well” on the way to the central bank’s 2% goal before easing policy.</p><h3 id=\"id_145435030\">Forward Guidance</h3><p>One decision the FOMC will have to make at its upcoming gathering is whether to alter the guidance it gives on future policy actions in its post-meeting statement. In December, policymakers left the door slightly ajar to the possibility they might raise rates further, after hiking them by more than five percentage points since March 2022.</p><p>Whether that is still applicable is unclear. Many officials believe the risks of a reacceleration of inflation – and thus the possibility of another rate hike — have dwindled. But with the bond and stock markets rallying on hopes of lower rates, hawkish FOMC members may be reluctant to abandon that guidance.</p><p>“In light of the easing in financial conditions in recent months, we shouldn’t take the possibility of another rate increase off the table just yet,” Dallas Fed President Lorie Logan told economists on Jan. 6.</p><p>Looming in the background of the Fed’s deliberations is the November presidential election. In a Jan. 17 report, Morgan Stanley economists Matthew Hornbach and Seth Carpenter made the case against assuming the upcoming election would influence monetary policy.</p><p>But that doesn’t mean the central bank will escape criticism on the campaign trail, especially if Donald Trump — the leading contender for the Republican nomination — worries that Fed rate cuts will help President Joe Biden.</p><p>The “Fed will be blamed for influencing the election, regardless of what it decides,” said Diane Swonk, chief economist at KPMG LLP.</p></body></html>","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>Fed to Begin Rate Cut Discussions But Avoid Teeing First One Up</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\">\nFed to Begin Rate Cut Discussions But Avoid Teeing First One Up\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-01-21 17:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2024-01-20/fed-to-begin-rate-cut-discussions-but-avoid-teeing-first-one-up?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Policymakers can take their time given health of US economyOfficials want to be certain inflation won’t rise back upFederal Reserve Chairman Jerome Powell and his colleagues could be forgiven if they’...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2024-01-20/fed-to-begin-rate-cut-discussions-but-avoid-teeing-first-one-up?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":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/articles/2024-01-20/fed-to-begin-rate-cut-discussions-but-avoid-teeing-first-one-up?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1102142121","content_text":"Policymakers can take their time given health of US economyOfficials want to be certain inflation won’t rise back upFederal Reserve Chairman Jerome Powell and his colleagues could be forgiven if they’re feeling a bit like parents on an extended road trip with their children.Investors eager for interest-rate cuts keep asking policymakers, “Are we there yet?” The repeated reply so far: “Soon, but not quite yet.”The Federal Open Market Committee is widely expected to hold interest rates steady for the fourth straight meeting when it gathers in Washington on Jan. 30 and 31. The real focus though will be on what lies ahead, at the FOMC’s March meeting and beyond.Policymakers have recently suggested they’re ready to begin discussing the broad parameters for lowering rates after giving the subject only a passing nod at their last meeting in December. Several have also indicated a willingness to entertain rate cuts in the first half of 2024 if inflation falls faster than expected.But officials haven’t given any sign they plan to use their upcoming gathering to tee up a rate cut for March – although that doesn’t preclude one from happening in response to economic shifts between now and then.San Francisco Fed President Mary Daly on Friday said it’s “premature” to think interest-rate cuts are around the corner, noting she needs to see more evidence that inflation is on a consistent trajectory back to 2% before easing policy.”The Fed can be patient,” said Morgan Stanley chief US economist Ellen Zentner, who expects the first rate cut to come in June.Powell and his colleagues can take their time because they won’t be cutting rates to counteract an economic contraction — as has often occurred in the past. Instead, they will be calibrating policy to reflect a surprisingly steep drop in inflation from a multidecade high 1-1/2 years ago.“With economic activity and labor markets in good shape and inflation coming down gradually to 2%, I see no reason to move as quickly or cut as rapidly as in the past,” Fed Governor Christopher Waller told the Brookings Institution on Jan. 16.His comments – coupled with news of stronger-than-expected retail sales in December – prompted investors to rein in their expectations for a March rate reduction. They now see a slightly less than even chance of that happening, based on trading in the federal funds futures market on Friday. Just a week earlier they put the odds of a reduction at about three in four.Worst OutcomeHistory also argues for the Fed being cautious in initiating rate reductions. In the 1970s, the central bank was too quick off the mark in easing policy before inflation was truly vanquished. That’s an error that even Paul Volcker – widely considered the greatest US central banker – committed in 1980 as the economy weakened, only to reverse course later and drive the US into a deeper downturn.The worst outcome would be for policymakers to lower rates and have to raise them again later if inflation moves higher, Atlanta Fed President Raphael Bostic told business leaders on Jan. 18. “We do not want to go on these up-and-down or a back-and-forth pattern,” he said.Such thinking will probably prompt the central bank to delay a rate reduction until May, according to economist Claudia Sahm, a former Fed staffer. But once it gets going, it could move quickly, Sahm, who heads her own consulting firm and is a Bloomberg Opinion columnist, said.“If inflation looks really good, they could have some 50-basis-point cuts in the second half of the year,” she said.Policymakers will receive fresh data on their preferred inflation gauge next Friday, as well as a first read on gross domestic product in the fourth quarter on Thursday.Bloomberg Economics chief US economist Anna Wong said she expects the core measure of the Fed’s favored inflation gauge to come in below 2% on a one-, three- and six-month annualized basis.Policymakers last month projected they would lower rates by 75 basis points in 2024, according to their median forecast.Bostic told Fox Business on Friday said he’s open to changing his views on the timing of interest-rate cuts depending on the data, though he wants to be sure inflation is “well” on the way to the central bank’s 2% goal before easing policy.Forward GuidanceOne decision the FOMC will have to make at its upcoming gathering is whether to alter the guidance it gives on future policy actions in its post-meeting statement. In December, policymakers left the door slightly ajar to the possibility they might raise rates further, after hiking them by more than five percentage points since March 2022.Whether that is still applicable is unclear. Many officials believe the risks of a reacceleration of inflation – and thus the possibility of another rate hike — have dwindled. But with the bond and stock markets rallying on hopes of lower rates, hawkish FOMC members may be reluctant to abandon that guidance.“In light of the easing in financial conditions in recent months, we shouldn’t take the possibility of another rate increase off the table just yet,” Dallas Fed President Lorie Logan told economists on Jan. 6.Looming in the background of the Fed’s deliberations is the November presidential election. In a Jan. 17 report, Morgan Stanley economists Matthew Hornbach and Seth Carpenter made the case against assuming the upcoming election would influence monetary policy.But that doesn’t mean the central bank will escape criticism on the campaign trail, especially if Donald Trump — the leading contender for the Republican nomination — worries that Fed rate cuts will help President Joe Biden.The “Fed will be blamed for influencing the election, regardless of what it decides,” said Diane Swonk, chief economist at KPMG LLP.","news_type":1},"isVote":1,"tweetType":1,"viewCount":325,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":241576868892928,"gmtCreate":1700007242765,"gmtModify":1700007247002,"author":{"id":"3574984385549978","authorId":"3574984385549978","name":"JimmyChua","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574984385549978","authorIdStr":"3574984385549978"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/241576868892928","repostId":"1120385949","repostType":2,"repost":{"id":"1120385949","kind":"news","pubTimestamp":1700002879,"share":"https://ttm.financial/m/news/1120385949?lang=&edition=fundamental","pubTime":"2023-11-15 07:01","market":"us","language":"en","title":"Sea Stock Tumbles 22% as the Company Swings Back to Loss After New Rivals Take a Toll","url":"https://stock-news.laohu8.com/highlight/detail?id=1120385949","media":"Bloomberg","summary":"Sea Ltd : Q3 GAAP EPS of -$1.01 misses by $1.01. Revenue of $3.3B  beats by $90M.Sea stock tumbled 14% after posting fiancial results.Total gross profit was US$1.4 billion, up 17.4% year-on-year.Total net loss was US$ million, as compared to total net loss of US$ million for the third quarter of 2022.Total adjusted EBITDA1 was US$35.3 million, as compared to a loss of US$ million for the third quarter of 2022.As of September 30, 2023, cash, cash equivalents, short-term and other treasury investm","content":"<html><head></head><body><p>Sea Ltd. swung back to a loss in the third quarter, hit by flagging consumption and intensifying competition from Alibaba and TikTok on its home turf.</p><p style=\"text-align: start;\">The stock fell 22.07% on Tuesday after the company posted a net loss of $149 million, compared with a profit of $322 million the previous quarter. Southeast Asia’s largest internet firm reported a 4.9% rise in sales from a year earlier to $3.3 billion, versus the average estimate of $3.2 billion.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1a40c2774e9da0111652a2005577043a\" tg-width=\"804\" tg-height=\"624\"/></p><p>The results may stoke concerns that the US-listed company is sacrificing margins to stave off a charge from ByteDance Ltd.’s TikTok and Alibaba Group Holding Ltd.’s Lazada, or newer entrants such as PDD Holdings Inc.’s Temu. Sea plunged its most on record after founder Forrest Li declared in August his company will invest more in online retail arm Shopee and live-streaming to counter those platforms, which are appealing to younger shoppers.</p><p style=\"text-align: start;\">Till recently, Sea’s strongest markets including Indonesia seemed under siege from TikTok and a new breed of video-oriented shopping services, which used popular influencers to sell a range of wares to an engaged, growing online population. But in September, Jakarta effectively forced TikTok to shut its shopping service, acting on a growing backlash from smaller merchants against the Chinese-owned platform.</p><p style=\"text-align: start;\">Investors have been looking for clues since then on whether that abrupt exit will rekindle Sea. Before Indonesia, the market feared the Singaporean company — which reported more than a decade of losses after its 2009 founding — will sink back into the red. Compounding the situation are expectations that Southeast Asia’s internet economy will log its slowest growth on record this year, the result of an economic downturn with uncertain outcomes.</p><p style=\"text-align: start;\">Sea’s other big business, the gaming division centered around Garena, has shrunk rapidly in 2023 given a lack of new blockbuster titles. But it recently restored its marquee title Free Fire to Indian app stores after a surprise 2022 ban.</p><blockquote><p>Sea’s e-commerce revenue, driving 68% of the 1H total, should gain from Indonesian regulators’ shutdown of TikTok’s shopping platform, which faces similar risks in Malaysia. Online-shopping gross merchandise value (GMV) likely fell or stagnated in 1Q-2Q, a trend that could improve as Shopee regains lost market share from rivals amid a reacceleration in marketing spending. With Temu, the overseas arm of China’s e-tailer Pinduoduo also encroaching on Southeast Asia, such investments could intensify and cloud Sea’s net profit path. This is partially mitigated by a tepid recovery in the digital entertainment segment — driving 45% of 1H adjusted Ebitda — amid a rebound in Free Fire’s player engagement.</p><p>Free cash flow could remain under pressure amid e-commerce expansion spending. - Nathan Naidu, analyst</p></blockquote><p style=\"text-align: start;\">Li’s company had overhauled its business to focus on profitability earlier this year. Sea embarked on an aggressive cost-cutting drive to reach profit, pivoting to a focus on the bottom-line as revenue growth decelerated from the triple-digit percentage rates it enjoyed as recently as two years ago. The company froze salaries and slashed hundreds of millions of dollars in expenses to achieve positive cash flows.</p><p style=\"text-align: start;\">To jumpstart growth, Li said in August he intends to ramp up investments into e-commerce arm Shopee. He is stepping up efforts to build out its live-streaming arm, an offensive move that could erode margins and trigger a price war with TikTok and Alibaba. He argued that was necessary to defend its market share.</p><p style=\"text-align: start;\">Beyond deep-pocketed competitors Alibaba and ByteDance, local rivals such as GoTo Group are also piling the pressure on Sea. GoTo, owner of Indonesian e-commerce contender Tokopedia, almost doubled its net revenue during the June quarter.</p></body></html>","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>Sea Stock Tumbles 22% as the Company Swings Back to Loss After New Rivals Take a Toll</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\">\nSea Stock Tumbles 22% as the Company Swings Back to Loss After New Rivals Take a Toll\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-11-15 07:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-11-14/singapore-s-sea-swings-back-to-loss-after-new-rivals-take-a-toll><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Sea Ltd. swung back to a loss in the third quarter, hit by flagging consumption and intensifying competition from Alibaba and TikTok on its home turf.The stock fell 22.07% on Tuesday after the company...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-11-14/singapore-s-sea-swings-back-to-loss-after-new-rivals-take-a-toll\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd"},"source_url":"https://www.bloomberg.com/news/articles/2023-11-14/singapore-s-sea-swings-back-to-loss-after-new-rivals-take-a-toll","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1120385949","content_text":"Sea Ltd. swung back to a loss in the third quarter, hit by flagging consumption and intensifying competition from Alibaba and TikTok on its home turf.The stock fell 22.07% on Tuesday after the company posted a net loss of $149 million, compared with a profit of $322 million the previous quarter. Southeast Asia’s largest internet firm reported a 4.9% rise in sales from a year earlier to $3.3 billion, versus the average estimate of $3.2 billion.The results may stoke concerns that the US-listed company is sacrificing margins to stave off a charge from ByteDance Ltd.’s TikTok and Alibaba Group Holding Ltd.’s Lazada, or newer entrants such as PDD Holdings Inc.’s Temu. Sea plunged its most on record after founder Forrest Li declared in August his company will invest more in online retail arm Shopee and live-streaming to counter those platforms, which are appealing to younger shoppers.Till recently, Sea’s strongest markets including Indonesia seemed under siege from TikTok and a new breed of video-oriented shopping services, which used popular influencers to sell a range of wares to an engaged, growing online population. But in September, Jakarta effectively forced TikTok to shut its shopping service, acting on a growing backlash from smaller merchants against the Chinese-owned platform.Investors have been looking for clues since then on whether that abrupt exit will rekindle Sea. Before Indonesia, the market feared the Singaporean company — which reported more than a decade of losses after its 2009 founding — will sink back into the red. Compounding the situation are expectations that Southeast Asia’s internet economy will log its slowest growth on record this year, the result of an economic downturn with uncertain outcomes.Sea’s other big business, the gaming division centered around Garena, has shrunk rapidly in 2023 given a lack of new blockbuster titles. But it recently restored its marquee title Free Fire to Indian app stores after a surprise 2022 ban.Sea’s e-commerce revenue, driving 68% of the 1H total, should gain from Indonesian regulators’ shutdown of TikTok’s shopping platform, which faces similar risks in Malaysia. Online-shopping gross merchandise value (GMV) likely fell or stagnated in 1Q-2Q, a trend that could improve as Shopee regains lost market share from rivals amid a reacceleration in marketing spending. With Temu, the overseas arm of China’s e-tailer Pinduoduo also encroaching on Southeast Asia, such investments could intensify and cloud Sea’s net profit path. This is partially mitigated by a tepid recovery in the digital entertainment segment — driving 45% of 1H adjusted Ebitda — amid a rebound in Free Fire’s player engagement.Free cash flow could remain under pressure amid e-commerce expansion spending. - Nathan Naidu, analystLi’s company had overhauled its business to focus on profitability earlier this year. Sea embarked on an aggressive cost-cutting drive to reach profit, pivoting to a focus on the bottom-line as revenue growth decelerated from the triple-digit percentage rates it enjoyed as recently as two years ago. The company froze salaries and slashed hundreds of millions of dollars in expenses to achieve positive cash flows.To jumpstart growth, Li said in August he intends to ramp up investments into e-commerce arm Shopee. He is stepping up efforts to build out its live-streaming arm, an offensive move that could erode margins and trigger a price war with TikTok and Alibaba. He argued that was necessary to defend its market share.Beyond deep-pocketed competitors Alibaba and ByteDance, local rivals such as GoTo Group are also piling the pressure on Sea. GoTo, owner of Indonesian e-commerce contender Tokopedia, almost doubled its net revenue during the June quarter.","news_type":1},"isVote":1,"tweetType":1,"viewCount":427,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":235337810825224,"gmtCreate":1698488333934,"gmtModify":1698488338394,"author":{"id":"3574984385549978","authorId":"3574984385549978","name":"JimmyChua","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574984385549978","authorIdStr":"3574984385549978"},"themes":[],"htmlText":"Can nio use self charging points?","listText":"Can nio use self charging points?","text":"Can nio use self charging points?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/235337810825224","repostId":"2378874718","repostType":2,"repost":{"id":"2378874718","kind":"highlight","pubTimestamp":1698452654,"share":"https://ttm.financial/m/news/2378874718?lang=&edition=fundamental","pubTime":"2023-10-28 08:24","market":"us","language":"en","title":"Could Nio Be a Millionaire-Maker Stock?","url":"https://stock-news.laohu8.com/highlight/detail?id=2378874718","media":"InvestorPlace","summary":"While risky, NIO offers massive upside for long-term investors, as it can carve out a niche in the battery-swappable EV space.","content":"<html><head></head><body><ul style=\"\"><li><p><strong>Nio’s</strong> (<strong><u>NIO</u></strong>) unique battery swapping model provides millionaire-maker potential, but there are caveats.</p></li><li><p>Consistent access to financing could fund Nio without massive dilution.</p></li><li><p>Continue reading to find out where NIO stock could be in five years!</p></li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6d7b42b9949b37ee29b705de7a5db1b5\" tg-width=\"768\" tg-height=\"432\"/></p><p>Source: J1TTO / Shutterstock.com</p><p><strong>Nio</strong> (NYSE:<strong>NIO</strong>) has been on a rollercoaster ride in 2023, with massive price fluctuations seen in recent months. Naturally, investors may wonder whether Nio could generate exceptional returns like <strong>Tesla</strong> (NASDAQ:<strong>TSLA</strong>) or <strong>BYD</strong> (OTCMKTS:<strong>BYDDF</strong>) over the long-run. In my opinion, Nio certainly has considerable upside potential over the next 5-10 years. However, it also faces risks that may limit gains in the near term.</p><p>Gauging Nio’s potential will require a bit more discussion, and that’s what I will be doing today. Let’s dive in!</p><h2 id=\"id_3049873500\">NIO Stock: The Pros and the Cons</h2><p>Nio’s strong growth in deliveries is encouraging, with volumes continuing to climb over the long-run, despite the company’s 24% sequential decline in the latest quarter. Its unique battery-swapping stations also give Nio a competitive edge in China and Europe. Plus, Nio’s undervaluation relative to pre-revenue EV startups indicates that multi-bagger returns are possible.</p><p>However, Nio’s massive cash burn raises some concerns. The company’s net income was negative $844 million last quarter. Thus, Nio will need continuous access to financing to fund its ambitious growth plans. While recent Middle East investments provided a capital boost, consistent access to funding remains imperative for Nio.</p><p>The above two paragraphs are basically a summary of the bullish and the bearish picture. I personally believe Nio can deliver exceptional returns if the EV company maintains sustainable financing and strong growth fundamentals. Nio’s battery-swapping technology gives it a niche advantage in key global markets. With its solid R&amp;D and production ramping up, Nio could be profitable by 2028.</p><h2 id=\"id_3436996087\">Is Dilution a Threat to NIO Stock?</h2><p>Some say that investors right now will face massive price pressure when it comes to NIO stock due to its inherent dilution risk, but I disagree. Nio has proved it can prudently raise funds, and the stock has seen limited dilution. Thus, its long-term potential can be substantial if trends continue. So, I do not view dilution as a threat, at least not yet.</p><p>In my view, if Nio can continue executing its strategic roadmap over the next five years, a stock price between $45-65 per share is achievable. This outcome would generate massive returns from Nio’s current share price at $8 per share. However, realizing this upside requires the company to fund its operations without game-changing dilution, and successfully execute on its ambitious growth plans.</p><p>Therefore, NIO stock certainly carries risks, but it also offers alluring millionaire-maker potential. Nio’s unique market positioning and attractive valuation provide a viable path to generating blockbuster returns for early investors. With access to prudent financing, Nio could make fortunes for shareholders in the coming years.</p><p>Of course, things rarely go exactly as planned, especially in the dynamic EV space. But from my perspective, Nio is poised to disrupt the industry with its niche battery-swapping model. If Nio can maintain its technology leadership here, the company’s long-term outlook is quite compelling.</p><h2 id=\"id_3273057139\">The Bottom Line</h2><p>In summary, I believe patient, long-term investors <em>could</em> generate massive returns by accumulating Nio stock at current levels. But admittedly, risks abound in owning a pre-profit, cash-burning growth stock like Nio. Its ambitious goals require flawless execution and ample access to capital. Any stumbles along the way could derail the investment thesis. Whether or not you wish to make that leap of faith is up to you.</p></body></html>","source":"investorplace_stock_picks","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>Could Nio Be a Millionaire-Maker Stock?</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\">\nCould Nio Be a Millionaire-Maker Stock?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-10-28 08:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2023/10/could-nio-be-a-millionaire-maker-stock/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nio’s (NIO) unique battery swapping model provides millionaire-maker potential, but there are caveats.Consistent access to financing could fund Nio without massive dilution.Continue reading to find ...</p>\n\n<a href=\"https://investorplace.com/2023/10/could-nio-be-a-millionaire-maker-stock/\">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://investorplace.com/2023/10/could-nio-be-a-millionaire-maker-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2378874718","content_text":"Nio’s (NIO) unique battery swapping model provides millionaire-maker potential, but there are caveats.Consistent access to financing could fund Nio without massive dilution.Continue reading to find out where NIO stock could be in five years!Source: J1TTO / Shutterstock.comNio (NYSE:NIO) has been on a rollercoaster ride in 2023, with massive price fluctuations seen in recent months. Naturally, investors may wonder whether Nio could generate exceptional returns like Tesla (NASDAQ:TSLA) or BYD (OTCMKTS:BYDDF) over the long-run. In my opinion, Nio certainly has considerable upside potential over the next 5-10 years. However, it also faces risks that may limit gains in the near term.Gauging Nio’s potential will require a bit more discussion, and that’s what I will be doing today. Let’s dive in!NIO Stock: The Pros and the ConsNio’s strong growth in deliveries is encouraging, with volumes continuing to climb over the long-run, despite the company’s 24% sequential decline in the latest quarter. Its unique battery-swapping stations also give Nio a competitive edge in China and Europe. Plus, Nio’s undervaluation relative to pre-revenue EV startups indicates that multi-bagger returns are possible.However, Nio’s massive cash burn raises some concerns. The company’s net income was negative $844 million last quarter. Thus, Nio will need continuous access to financing to fund its ambitious growth plans. While recent Middle East investments provided a capital boost, consistent access to funding remains imperative for Nio.The above two paragraphs are basically a summary of the bullish and the bearish picture. I personally believe Nio can deliver exceptional returns if the EV company maintains sustainable financing and strong growth fundamentals. Nio’s battery-swapping technology gives it a niche advantage in key global markets. With its solid R&D and production ramping up, Nio could be profitable by 2028.Is Dilution a Threat to NIO Stock?Some say that investors right now will face massive price pressure when it comes to NIO stock due to its inherent dilution risk, but I disagree. Nio has proved it can prudently raise funds, and the stock has seen limited dilution. Thus, its long-term potential can be substantial if trends continue. So, I do not view dilution as a threat, at least not yet.In my view, if Nio can continue executing its strategic roadmap over the next five years, a stock price between $45-65 per share is achievable. This outcome would generate massive returns from Nio’s current share price at $8 per share. However, realizing this upside requires the company to fund its operations without game-changing dilution, and successfully execute on its ambitious growth plans.Therefore, NIO stock certainly carries risks, but it also offers alluring millionaire-maker potential. Nio’s unique market positioning and attractive valuation provide a viable path to generating blockbuster returns for early investors. With access to prudent financing, Nio could make fortunes for shareholders in the coming years.Of course, things rarely go exactly as planned, especially in the dynamic EV space. But from my perspective, Nio is poised to disrupt the industry with its niche battery-swapping model. If Nio can maintain its technology leadership here, the company’s long-term outlook is quite compelling.The Bottom LineIn summary, I believe patient, long-term investors could generate massive returns by accumulating Nio stock at current levels. But admittedly, risks abound in owning a pre-profit, cash-burning growth stock like Nio. Its ambitious goals require flawless execution and ample access to capital. Any stumbles along the way could derail the investment thesis. Whether or not you wish to make that leap of faith is up to you.","news_type":1},"isVote":1,"tweetType":1,"viewCount":588,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9948546647,"gmtCreate":1680750777590,"gmtModify":1680750781020,"author":{"id":"3574984385549978","authorId":"3574984385549978","name":"JimmyChua","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574984385549978","authorIdStr":"3574984385549978"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":23,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9948546647","repostId":"1108890125","repostType":2,"repost":{"id":"1108890125","kind":"news","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":1680933081,"share":"https://ttm.financial/m/news/1108890125?lang=&edition=fundamental","pubTime":"2023-04-08 13:51","market":"nz","language":"en","title":"Reminder: Holiday Trading Hours during Easter","url":"https://stock-news.laohu8.com/highlight/detail?id=1108890125","media":"Tiger Newspress","summary":"Easter is around the corner.Stock Markets in the Hong Kong, Australia, New Zealand and Indonesia wil","content":"<html><head></head><body><p>Easter is around the corner.</p><p>Stock Markets in the Hong Kong, Australia, New Zealand and Indonesia will be closed on April 10, 2023.</p><p>Please take note of the trading arrangements during the holiday period and make the necessary preparations in advance.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ec5f92be02ccd2490bc6bdc97614f8d5\" title=\"\" tg-width=\"1080\" tg-height=\"1080\"/></p><p></p></body></html>","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>Reminder: Holiday Trading Hours during Easter</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\">\nReminder: Holiday Trading Hours during Easter\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\">2023-04-08 13:51</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Easter is around the corner.</p><p>Stock Markets in the Hong Kong, Australia, New Zealand and Indonesia will be closed on April 10, 2023.</p><p>Please take note of the trading arrangements during the holiday period and make the necessary preparations in advance.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ec5f92be02ccd2490bc6bdc97614f8d5\" title=\"\" tg-width=\"1080\" tg-height=\"1080\"/></p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数","HSI":"恒生指数","XAO.AU":"标普/澳交所 普通股指数",".DJI":"道琼斯","XKO.AU":"标普/澳交所 300指数",".IXIC":"NASDAQ Composite","XJO.AU":"标普/澳交所 200指数",".SPX":"S&P 500 Index"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108890125","content_text":"Easter is around the corner.Stock Markets in the Hong Kong, Australia, New Zealand and Indonesia will be closed on April 10, 2023.Please take note of the trading arrangements during the holiday period and make the necessary preparations in advance.","news_type":1},"isVote":1,"tweetType":1,"viewCount":44,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":270987792478496,"gmtCreate":1707196925441,"gmtModify":1707196929430,"author":{"id":"3574984385549978","authorId":"3574984385549978","name":"JimmyChua","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574984385549978","authorIdStr":"3574984385549978"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/270987792478496","repostId":"1174107833","repostType":2,"repost":{"id":"1174107833","kind":"news","pubTimestamp":1707188793,"share":"https://ttm.financial/m/news/1174107833?lang=&edition=fundamental","pubTime":"2024-02-06 11:06","market":"us","language":"en","title":"DWAC Stock Surges 17% As New Poll Shows Trump With a 5-Point Lead Over Biden","url":"https://stock-news.laohu8.com/highlight/detail?id=1174107833","media":"NBC News","summary":"Scott Bessent, a former Soros Fund Management investing chief, said he’s betting on a “Trump Rally” as long as investors believe the ex-president can win the general election.The S&P 500 hit an all-ti","content":"<html><head></head><body><p>A new NBC News poll spells trouble for President Biden.</p><p>The data shows former President Donald Trump is gaining ground, now leading Biden by five points in a theoretical match-up. Trump clocked in 47% of support vs. Biden&#39;s 42%. That&#39;s the largest lead Trump has had against Biden in the five years of NBC running the poll.</p><p>Trump-related shares surged on Monday. Phunware rose nearly 20% while DWAC soared 17%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/489f019bdb4bbf53380cba4e279088a0\" title=\"\" tg-width=\"454\" tg-height=\"310\"/></p><p style=\"text-align: start;\">Nine months out from election day just 37% of voters approve of Biden. That places him in a weaker position than George W. Bush who was at 54% approval running for his second term, Barack Obama who was at 49% approval at this point and even Trump who had a 46% approval rating heading into 2020.</p><blockquote><p>He’s really got to be concerned about the fact that he’s not polling well with the people who really delivered the presidency to him in 2020, specifically people of color and persons under 30 years old,&#34; explained Dr. Todd Belt, the political management program director at George Washington University.</p></blockquote><p>Trump and Biden are statistically tied among Hispanics, an alarming statistic for Democrats. It’s been 20 years since a Republican presidential candidate has seen this level of support.</p><p style=\"text-align: start;\">The data shows Biden struggling on key issues. When it comes to the economy, 55% prefer Trump while 33% prefer Biden. The president is doing even worse when it comes to securing the border. The NBC News poll shows that 57% prefer Trump on the issue to 22% prefer Biden.</p><p style=\"text-align: start;\">Biden&#39;s re-election campaign team has their work cut out for them but experts see places Biden can make tangible improvement with voters.</p><p style=\"text-align: start;\">The bipartisan border security bill going through Congress could help Biden&#39;s polling numbers on the border according to Belt, even if Senate Republicans block it.</p><blockquote><p>He has the ability to say look I was going to work with Republicans to give them exactly what they wanted and they wouldn&#39;t work with me so they’re not really your friend on this,&#34; said Belt.</p></blockquote><p style=\"text-align: start;\">Belt predicts we’ll also hear Biden talk a lot about abortion as he works to win back younger voters.</p><p style=\"text-align: start;\">The president has bigger hurdles when it comes to convincing voters he&#39;s up to another 4 years. Only 23% of those polled by NBC believe Biden has the physical and mental health to do the job, a 15-point slip from 2020.</p><p style=\"text-align: start;\">But there is a wild card lurking in the wings.</p></body></html>","source":"lsy1707190299353","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>DWAC Stock Surges 17% As New Poll Shows Trump With a 5-Point Lead Over Biden</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\">\nDWAC Stock Surges 17% As New Poll Shows Trump With a 5-Point Lead Over Biden\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-02-06 11:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://nbcmontana.com/news/beyond-the-podium/new-poll-show-trump-with-5-point-lead-over-biden-nbc-news-reelection-campaign-2024-voters-approval-economy-foreign-policy-border-abortion><strong>NBC News</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A new NBC News poll spells trouble for President Biden.The data shows former President Donald Trump is gaining ground, now leading Biden by five points in a theoretical match-up. Trump clocked in 47% ...</p>\n\n<a href=\"https://nbcmontana.com/news/beyond-the-podium/new-poll-show-trump-with-5-point-lead-over-biden-nbc-news-reelection-campaign-2024-voters-approval-economy-foreign-policy-border-abortion\">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://nbcmontana.com/news/beyond-the-podium/new-poll-show-trump-with-5-point-lead-over-biden-nbc-news-reelection-campaign-2024-voters-approval-economy-foreign-policy-border-abortion","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1174107833","content_text":"A new NBC News poll spells trouble for President Biden.The data shows former President Donald Trump is gaining ground, now leading Biden by five points in a theoretical match-up. Trump clocked in 47% of support vs. Biden's 42%. That's the largest lead Trump has had against Biden in the five years of NBC running the poll.Trump-related shares surged on Monday. Phunware rose nearly 20% while DWAC soared 17%.Nine months out from election day just 37% of voters approve of Biden. That places him in a weaker position than George W. Bush who was at 54% approval running for his second term, Barack Obama who was at 49% approval at this point and even Trump who had a 46% approval rating heading into 2020.He’s really got to be concerned about the fact that he’s not polling well with the people who really delivered the presidency to him in 2020, specifically people of color and persons under 30 years old,\" explained Dr. Todd Belt, the political management program director at George Washington University.Trump and Biden are statistically tied among Hispanics, an alarming statistic for Democrats. It’s been 20 years since a Republican presidential candidate has seen this level of support.The data shows Biden struggling on key issues. When it comes to the economy, 55% prefer Trump while 33% prefer Biden. The president is doing even worse when it comes to securing the border. The NBC News poll shows that 57% prefer Trump on the issue to 22% prefer Biden.Biden's re-election campaign team has their work cut out for them but experts see places Biden can make tangible improvement with voters.The bipartisan border security bill going through Congress could help Biden's polling numbers on the border according to Belt, even if Senate Republicans block it.He has the ability to say look I was going to work with Republicans to give them exactly what they wanted and they wouldn't work with me so they’re not really your friend on this,\" said Belt.Belt predicts we’ll also hear Biden talk a lot about abortion as he works to win back younger voters.The president has bigger hurdles when it comes to convincing voters he's up to another 4 years. Only 23% of those polled by NBC believe Biden has the physical and mental health to do the job, a 15-point slip from 2020.But there is a wild card lurking in the wings.","news_type":1},"isVote":1,"tweetType":1,"viewCount":356,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":270987740397848,"gmtCreate":1707196911814,"gmtModify":1707196916305,"author":{"id":"3574984385549978","authorId":"3574984385549978","name":"JimmyChua","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574984385549978","authorIdStr":"3574984385549978"},"themes":[],"htmlText":"Need chargers&nbsp;","listText":"Need chargers&nbsp;","text":"Need chargers","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/270987740397848","repostId":"2409607804","repostType":2,"repost":{"id":"2409607804","kind":"highlight","pubTimestamp":1707191020,"share":"https://ttm.financial/m/news/2409607804?lang=&edition=fundamental","pubTime":"2024-02-06 11:43","market":"us","language":"en","title":"Tesla's Losing Battle For EV Market Share In Europe Highlights Its Sales Growth Challenge","url":"https://stock-news.laohu8.com/highlight/detail?id=2409607804","media":"seekingalpha","summary":"Tesla's Q4 results indicate that its era of fast sales growth is over. An analysis of the European market explains why sales growth is slowing and where things are likely headed.Tesla's emerging probl","content":"<html><head></head><body><ul style=\"\"><li><p>Tesla&#39;s Q4 results indicate that its era of fast sales growth is over.  An analysis of the European market explains why sales growth is slowing and where things are likely headed.</p></li><li><p>Tesla&#39;s emerging problem in Europe is arguably its decision to manufacture in Germany, which is an increasingly expensive place to do business, while its German &amp; Asian competitors are flocking to Hungary.</p></li><li><p>Tesla is likely to continue losing EV market share in Europe, as its competitors are positioning themselves to produce EVs at a lower cost.</p></li><li><p>I expect its shares to be range-bound between $100/share and $300/share for the foreseeable future, therefore, $150/share or below should be considered a good entry point.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0e94c2a45c7301b8ea00c807d826e5dd\" tg-width=\"750\" tg-height=\"563\"/></p><p>Xiaolu Chu</p><p><strong>Investment thesis:</strong> Having established itself as a dominant, profitable EV producer, Tesla (NASDAQ:TSLA) recently moved on to the next phase in its competition with emerging EV producers, namely an increasingly brutal fight for market share. With the backing of solid profit margins, it can afford to undercut competitors, especially in the Developed World, most of which are still struggling to produce &amp; sell EVs at a profit. Europe might emerge as an exception, where Tesla bet on producing its cars in Germany, while much of its German &amp; Chinese competition is building up capacity in Hungary where there is a clear comparative advantage in labor, energy, and government taxation costs. Lower production costs mean those companies that are investing heavily in EV production capacity in Hungary and other Eastern EU states, are increasingly in a position to engage in price discounting to counter anything that Tesla may try to do. Tesla is losing ground to its competition in Europe within the EV market this decade and it may continue to do so going forward. Using the European market as a case study, we can conclude that Tesla&#39;s future outlook in terms of sales looks set to be one of moderate growth, which does not support current P/E valuations. As such, I see Tesla stock trading in the $100/share to $300/share range for the foreseeable future.</p><h2 id=\"id_1309905219\">Tesla&#39;s Q4 results:</h2><p>For the fourth quarter of 2023, Tesla saw an increase in revenues of 3%, to $25.17 billion. It is nowhere near the growth levels one might expect from a company that currently has a forward P/E ratio of about 60, in other words, about two and a half times higher than the S&amp;P index. The net income attributable to shareholders increased by 115%, to $7.93 billion, which does partially justify continuing to have Tesla stock trading at a P/E ratio that is priced for growth. It should also be noted that profit margins were healthy, with net earnings at 31.5% of revenues. It is an enviable level of profitability, even as many car companies are still trying to figure out how to profitable sell EVs.</p><p>Growth in vehicle deliveries was significant, with a 13% increase in deliveries in Q4, 2023, compared with Q4, 2022. The reason why it did not translate into a corresponding increase in revenues is in large part due to a decline in the average price of Tesla cars sold. One factor was Tesla&#39;s policy of discounting its cars to start fighting for market share.</p><h2 id=\"id_992608232\">How Tesla compares to peers in terms of EV market share in Europe:</h2><p>Tesla is currently far from being the most dominant EV maker &amp; seller in Europe.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ac6840add1d1bebfcbadc9bd2c66e8fe\" tg-width=\"640\" tg-height=\"387\"/></p><p>Data source: InsideEVs</p><p>It is notably beating European luxury carmakers like Mercedes (OTCPK:MBGYY) &amp; BMW (OTCPK:BMWYY), both of which I expected to do a lot better in the EV sector, given that they are already catering to the same income demographic that tends to buy EVs. Both of those companies are in the process of taking part in what is shaping up to become a marriage made in Hungary, between European carmakers and Asian EV battery producers, which they hope to help them conquer the European EV market.</p><h2 id=\"id_3767111978\">Tesla&#39;s potential production cost disadvantage in Europe, as competitors flock to more cost-effective places.</h2><p>Hungary is emerging as a world leader in EV battery production, thanks to Asian investments and it is also seeing massive inflows of investments in EV assembly plants.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1233a735987e2b442441687f155a5cde\" tg-width=\"640\" tg-height=\"342\"/></p><p>Visual Capitalist</p><p>With new investments such as CATL in the pipeline, Hungary will probably maintain its role as Europe&#39;s largest EV battery producer for the foreseeable future, and with that, it will also play a significant role as an EV manufacturing hub. None of this happened accidentally. Hungary offers significant advantages, especially for manufacturing enterprises.</p><ul style=\"\"><li><p>Corporate taxes.</p></li></ul><p>Hungary&#39;s current corporate tax rate is the lowest in the EU, while Germany&#39;s is the second-highest in Europe.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9a660b9f55f712607baf3c19e2cb96d7\" tg-width=\"640\" tg-height=\"477\"/></p><p>Tax Foundation</p><p>It is difficult to quantify just how great of an impact corporate tax rates will have on producing and selling an EV. We should keep in mind that those lower corporate tax rates work their way through the entire supply chain that supports the final assembly of EVs.</p><ul style=\"\"><li><p>Energy costs.</p></li></ul><p>Hungary is one of the lower-cost places in terms of energy prices, while Germany is among the highest in the non-household segment of the economy.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0412959ad59d4e5f8d5bdf8991fa1357\" tg-width=\"640\" tg-height=\"433\"/></p><p>EC</p><p>The difference in electricity costs for non-household consumers may not be great, but it is yet another cost advantage that German car manufacturers, as well as now BYD (OTCPK:BYDDF) are looking to take advantage of. These costs also work throughout the supply chain.</p><ul style=\"\"><li><p>Labor costs.</p></li></ul><p>When most people think of outsourcing, within the European context from Western Europe toward the Eastern part of the EU, labor costs tend to come to mind instantly. There is no significant advantage that Hungary has over its immediate neighbors, such as Slovakia or Romania in this regard. Average gross wages in Hungary are about 3 times lower than they are in Germany. That is a significant difference. It is hard to accurately quantify what all these savings mean for Germany&#39;s automakers, in particular when it comes to producing EVs at a cost advantage relative to Tesla. A decade-old estimate from Mercedes (OTCPK:MBGAF) suggests that at least back then the savings per vehicle produced in Hungary were as high as 30% of total production costs. Much has changed since then, including a narrowing in the wage gap. On the other hand, energy prices increased more dramatically in Germany over the past few years.</p><h2 id=\"id_3913002019\">German EV manufacturers to produce models that directly compete with Tesla models in Hungary. BYD joins the trend.</h2><ul style=\"\"><li><p>BMW&#39;s Hungary EV &amp; new generation battery plant.</p></li></ul><p>BMW is set to produce some of the models that compete with Tesla&#39;s Model Y at its new plant in Hungary by the end of next year. A successor to the BMW iX3 is one of the models that BMW plans to produce there. The successor version of the model will feature BMW&#39;s in-house battery, which is supposed to provide 30% faster charging, as well as up to 30% more range. Its current range of 240 miles could thus get a significant boost that will take it above 300 miles. It remains to be seen whether or not the price will also be lowered. It currently sells at just under $90,000 for the base model, versus Tesla&#39;s model Y which sells at a starting price of $46,000. BMW has a long way to go to close that price gap, but it is possible that with the cost savings related to producing its cars in Hungary, it will be able to significantly lower the price, even as it improves on performance.</p><ul style=\"\"><li><p>Mercedes &amp; Audi have a long-established presence in Hungary that is now being retooled for EV production.</p></li></ul><p>Mercedes &amp; Audi have a well-established presence in Hungary. Mercedes decided to use a flex plant model, where it can easily switch between producing EVs or conventional cars. The electric EQB SUV with a range of 240 miles, starts at $53,900 and is being manufactured in Hungary. It is price-competitive compared with Tesla&#39;s Model Y, but it lacks a bit of range, which seems to be at the heart of the lack of success that Mercedes is seeing in the EV market. Volkswagen&#39;s (OTCPK:VLKAF) Audi Q4 and other Volkswagen group EV models have electric motors built in Hungary, which helps it save money on labor, taxes, and energy costs.</p><ul style=\"\"><li><p>Tesla&#39;s main global competitor looks to compete in Europe.</p></li></ul><p>BYD seems to have the same idea as German EV makers, given that it recently announced plans to build its first EV assembly plant in Hungary. It could be argued that it might be a way to simply try to maximize profits for BYD and all other companies that are converging on the one country that seems to have had a longer-term vision of catering to the EV industry. The profit motive may be the primary driver of EV producers and battery manufacturers converging to the place where they can be arguably the most cost-effective in Europe. If or when the battle for EV market share in Europe intensifies, Tesla&#39;s main competitors seem to be well-positioned to compete. Tesla&#39;s decision to assemble its cars in Germany on the other hand may have lessened its ability to do in Europe what it has done for most of the past decade, namely outcompete its Western market competitors, even as it became a highly profitable company.</p><h2 id=\"id_34294936\">Investment implications.</h2><ul style=\"\"><li><p>The reasoning behind the upgrade from sell to hold.</p></li></ul><p>I bought Tesla stock last year at just over $120/share and sold once it reached $195, as I pointed out in an article at the beginning of 2023. My current upgrade to a hold from a sell back then is by no means a reflection of a change in my overall view in terms of performance expectations. The only difference is that back in February 2023 Tesla stock was on an upswing, so an opportunity arose to take profits, while now it is on a downswing, thus I am looking for the price to be right once again to get back in. In other words, it is now once again a stock of interest that I am watching, thus the upgrade.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9a84f3f37ea44b119547890fb618d249\" tg-width=\"640\" tg-height=\"300\"/></p><p>Tesla stock price &amp; other metrics (Seeking Alpha)</p><p>I missed out last year as it went as high as over $290/share, however as I write this, Tesla stock trades just slightly below my exit price point, therefore holding would not have earned me any extra gains on the trade as of right now. I am currently looking to start buying Tesla stock again if it drops below $150 or so, which is when the P/E ratio will start to resemble reasonable fundamentals of the company as I perceive them. As we can see, even after the recent decline in its stock price, Tesla stock is still trading at about twice the P/E valuation of the overall market.</p><ul style=\"\"><li><p>Tesla&#39;s higher P/E relative to peers may be partially justified.</p></li></ul><p>One of the bear cases that can be made for Tesla is the massive discrepancy between its P/E and that of its automotive industry peers. For instance, BMW, which I foresee as becoming a major competitor in Europe for EV market share, especially within the luxury segment, has a forward P/E of only about 5.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7567bb386700b0fdd838954a08c54b79\" tg-width=\"640\" tg-height=\"298\"/></p><p>BMW stock and other financial metrics (Seeking Alpha)</p><p>It also offers a very generous dividend yield of about 8.7%, which in theory should justify a higher P/E. The difference is that BMW is far from being a growth stock. It may increase EV sales in the future, but it will likely come at a cost, with conventional car sales set to decline.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f594f20e057e1552635b045b4d027067\" tg-width=\"640\" tg-height=\"481\"/></p><p>BMW</p><p>As we can see, yearly sales have been holding flat in the past years. My personal view is that the EU EV transition plan to 2035 will lead to an overall decline in European car sales. BMW might see a net decline in total sales as a result, even though comparatively speaking it might emerge as one of the least-impacted European automakers, as I pointed out in an article in 2022. I do not think that Tesla&#39;s growth prospects justify a P/E ratio that is about 12 times higher than BMW&#39;s, but its growth profile, versus the no growth profile of BMW, does justify a significantly higher P/E valuation.</p><ul style=\"\"><li><p>Tesla lost EV market share in Europe this decade.</p></li></ul><p>With my analysis of Tesla&#39;s situation in Europe in mind, my perception of Tesla&#39;s overall fundamentals is that it is maturing into a solid company within the global auto industry, with strong profit margins, as well as the potential for continued moderate long-term sales growth.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/39963958b96b9010c8d857993df69b89\" tg-width=\"640\" tg-height=\"321\"/></p><p>Data sources: Good car bad car.net, InsideEVs</p><p>As we can see, Tesla continues to capture more of the total automotive market share in Europe, together with the rest of the EV industry. Even as the EV industry slowed significantly in 2023 in terms of increasing its automotive sector market share, Tesla still managed to significantly increase its market share. That may not necessarily be an indication of how things will go this year and beyond, because as I pointed out, most of its competitors are gearing up to compete more intensely. Furthermore, looking at a multi-year performance, for instance, from 2019 until the present, the overall EV industry in Europe outperformed Tesla. Tesla&#39;s share of the European auto market grew about four-fold in the period, while the overall share of the EV industry grew about seven-fold, as the chart shows. In other words, this decade, Tesla is underperforming the overall European EV market in terms of sales growth.</p><ul style=\"\"><li><p>The size of the global luxury car market is limited and Tesla already plays a sizable role, therefore it is unclear how much more of it is up for grabs.</p></li></ul><p>It should also be noted that all of Tesla&#39;s current models target the luxury car segment in terms of potential consumers, which is as true in Europe as it is in the US or China. The total global luxury car market is estimated to be $655 billion as of 2023. Tesla is already about 13% of the global luxury car market, based on its total automotive revenues of $82.42 billion in 2023. It is questionable just how much further that market share can be expanded.</p><p>Europe&#39;s luxury carmakers are gearing up to fight for market share by keeping manufacturing costs low, as I thoroughly examined in this article. Elsewhere, competition will continue to be fierce as well, especially given that the luxury segment tends to be where the profits are for EV makers. We should not write off the ICE-powered cars from retaining a significant portion of the global luxury car segment, as well as the European car market. Many luxury car enthusiasts continue to prefer it to electric.</p><p>The global luxury car market will probably continue to expand, although it might disappoint current expectations of it reaching the trillion-dollar mark by the end of the decade. Tesla&#39;s sales growth may increasingly reflect the growth in the global luxury car market, as well as the growth of the EV segment within the overall luxury car market. I expect EVs to become dominant within the luxury car segment worldwide, perhaps by the end of the decade, whereas as of 2022, they captured about 30% of the luxury car market.</p><h2 id=\"id_1663658810\">Conclusion:</h2><p>Within this context, I expect Tesla&#39;s shares to mostly trade between $100/share and $300/share for the foreseeable future. Buyers will flock to it as it approaches $100/share, where its valuation will look increasingly reasonable, and sell as it approaches $300/share, where it will look increasingly out of step in terms of its fundamentals. For reference, with all else held equal, If Tesla stock were to trade at $100/share, its P/E ratio would drop to about 31, just slightly above the S&amp;P 500 P/E ratio currently at just over 26. Based on my view, I see Tesla&#39;s P/E ratio approaching the market&#39;s average P/E as a likely bottom, namely that most investors would choose Tesla over owning the broader market, once P/E ratios converge. It was the same reasoning that led me to buy Tesla stock early last year as it went to $120/share. I just don&#39;t see much downside for this stock once it gets close to the overall market in terms of valuation. Therefore it is worth buying its stock whenever it falls below $150/share in my view, knowing that the downside is limited from that point on and selling once its shares rise above $200/share.</p></body></html>","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>Tesla's Losing Battle For EV Market Share In Europe Highlights Its Sales Growth Challenge</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla's Losing Battle For EV Market Share In Europe Highlights Its Sales Growth Challenge\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-02-06 11:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4667639-tesla-stock-q4-earnings-ev-market-share-losses-europe-highlight-sales-growth-challenge><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla's Q4 results indicate that its era of fast sales growth is over.  An analysis of the European market explains why sales growth is slowing and where things are likely headed.Tesla's emerging ...</p>\n\n<a href=\"https://seekingalpha.com/article/4667639-tesla-stock-q4-earnings-ev-market-share-losses-europe-highlight-sales-growth-challenge\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLL":"Direxion Daily TSLA Bull 2X Shares","TSLA":"特斯拉"},"source_url":"https://seekingalpha.com/article/4667639-tesla-stock-q4-earnings-ev-market-share-losses-europe-highlight-sales-growth-challenge","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2409607804","content_text":"Tesla's Q4 results indicate that its era of fast sales growth is over.  An analysis of the European market explains why sales growth is slowing and where things are likely headed.Tesla's emerging problem in Europe is arguably its decision to manufacture in Germany, which is an increasingly expensive place to do business, while its German & Asian competitors are flocking to Hungary.Tesla is likely to continue losing EV market share in Europe, as its competitors are positioning themselves to produce EVs at a lower cost.I expect its shares to be range-bound between $100/share and $300/share for the foreseeable future, therefore, $150/share or below should be considered a good entry point.Xiaolu ChuInvestment thesis: Having established itself as a dominant, profitable EV producer, Tesla (NASDAQ:TSLA) recently moved on to the next phase in its competition with emerging EV producers, namely an increasingly brutal fight for market share. With the backing of solid profit margins, it can afford to undercut competitors, especially in the Developed World, most of which are still struggling to produce & sell EVs at a profit. Europe might emerge as an exception, where Tesla bet on producing its cars in Germany, while much of its German & Chinese competition is building up capacity in Hungary where there is a clear comparative advantage in labor, energy, and government taxation costs. Lower production costs mean those companies that are investing heavily in EV production capacity in Hungary and other Eastern EU states, are increasingly in a position to engage in price discounting to counter anything that Tesla may try to do. Tesla is losing ground to its competition in Europe within the EV market this decade and it may continue to do so going forward. Using the European market as a case study, we can conclude that Tesla's future outlook in terms of sales looks set to be one of moderate growth, which does not support current P/E valuations. As such, I see Tesla stock trading in the $100/share to $300/share range for the foreseeable future.Tesla's Q4 results:For the fourth quarter of 2023, Tesla saw an increase in revenues of 3%, to $25.17 billion. It is nowhere near the growth levels one might expect from a company that currently has a forward P/E ratio of about 60, in other words, about two and a half times higher than the S&P index. The net income attributable to shareholders increased by 115%, to $7.93 billion, which does partially justify continuing to have Tesla stock trading at a P/E ratio that is priced for growth. It should also be noted that profit margins were healthy, with net earnings at 31.5% of revenues. It is an enviable level of profitability, even as many car companies are still trying to figure out how to profitable sell EVs.Growth in vehicle deliveries was significant, with a 13% increase in deliveries in Q4, 2023, compared with Q4, 2022. The reason why it did not translate into a corresponding increase in revenues is in large part due to a decline in the average price of Tesla cars sold. One factor was Tesla's policy of discounting its cars to start fighting for market share.How Tesla compares to peers in terms of EV market share in Europe:Tesla is currently far from being the most dominant EV maker & seller in Europe.Data source: InsideEVsIt is notably beating European luxury carmakers like Mercedes (OTCPK:MBGYY) & BMW (OTCPK:BMWYY), both of which I expected to do a lot better in the EV sector, given that they are already catering to the same income demographic that tends to buy EVs. Both of those companies are in the process of taking part in what is shaping up to become a marriage made in Hungary, between European carmakers and Asian EV battery producers, which they hope to help them conquer the European EV market.Tesla's potential production cost disadvantage in Europe, as competitors flock to more cost-effective places.Hungary is emerging as a world leader in EV battery production, thanks to Asian investments and it is also seeing massive inflows of investments in EV assembly plants.Visual CapitalistWith new investments such as CATL in the pipeline, Hungary will probably maintain its role as Europe's largest EV battery producer for the foreseeable future, and with that, it will also play a significant role as an EV manufacturing hub. None of this happened accidentally. Hungary offers significant advantages, especially for manufacturing enterprises.Corporate taxes.Hungary's current corporate tax rate is the lowest in the EU, while Germany's is the second-highest in Europe.Tax FoundationIt is difficult to quantify just how great of an impact corporate tax rates will have on producing and selling an EV. We should keep in mind that those lower corporate tax rates work their way through the entire supply chain that supports the final assembly of EVs.Energy costs.Hungary is one of the lower-cost places in terms of energy prices, while Germany is among the highest in the non-household segment of the economy.ECThe difference in electricity costs for non-household consumers may not be great, but it is yet another cost advantage that German car manufacturers, as well as now BYD (OTCPK:BYDDF) are looking to take advantage of. These costs also work throughout the supply chain.Labor costs.When most people think of outsourcing, within the European context from Western Europe toward the Eastern part of the EU, labor costs tend to come to mind instantly. There is no significant advantage that Hungary has over its immediate neighbors, such as Slovakia or Romania in this regard. Average gross wages in Hungary are about 3 times lower than they are in Germany. That is a significant difference. It is hard to accurately quantify what all these savings mean for Germany's automakers, in particular when it comes to producing EVs at a cost advantage relative to Tesla. A decade-old estimate from Mercedes (OTCPK:MBGAF) suggests that at least back then the savings per vehicle produced in Hungary were as high as 30% of total production costs. Much has changed since then, including a narrowing in the wage gap. On the other hand, energy prices increased more dramatically in Germany over the past few years.German EV manufacturers to produce models that directly compete with Tesla models in Hungary. BYD joins the trend.BMW's Hungary EV & new generation battery plant.BMW is set to produce some of the models that compete with Tesla's Model Y at its new plant in Hungary by the end of next year. A successor to the BMW iX3 is one of the models that BMW plans to produce there. The successor version of the model will feature BMW's in-house battery, which is supposed to provide 30% faster charging, as well as up to 30% more range. Its current range of 240 miles could thus get a significant boost that will take it above 300 miles. It remains to be seen whether or not the price will also be lowered. It currently sells at just under $90,000 for the base model, versus Tesla's model Y which sells at a starting price of $46,000. BMW has a long way to go to close that price gap, but it is possible that with the cost savings related to producing its cars in Hungary, it will be able to significantly lower the price, even as it improves on performance.Mercedes & Audi have a long-established presence in Hungary that is now being retooled for EV production.Mercedes & Audi have a well-established presence in Hungary. Mercedes decided to use a flex plant model, where it can easily switch between producing EVs or conventional cars. The electric EQB SUV with a range of 240 miles, starts at $53,900 and is being manufactured in Hungary. It is price-competitive compared with Tesla's Model Y, but it lacks a bit of range, which seems to be at the heart of the lack of success that Mercedes is seeing in the EV market. Volkswagen's (OTCPK:VLKAF) Audi Q4 and other Volkswagen group EV models have electric motors built in Hungary, which helps it save money on labor, taxes, and energy costs.Tesla's main global competitor looks to compete in Europe.BYD seems to have the same idea as German EV makers, given that it recently announced plans to build its first EV assembly plant in Hungary. It could be argued that it might be a way to simply try to maximize profits for BYD and all other companies that are converging on the one country that seems to have had a longer-term vision of catering to the EV industry. The profit motive may be the primary driver of EV producers and battery manufacturers converging to the place where they can be arguably the most cost-effective in Europe. If or when the battle for EV market share in Europe intensifies, Tesla's main competitors seem to be well-positioned to compete. Tesla's decision to assemble its cars in Germany on the other hand may have lessened its ability to do in Europe what it has done for most of the past decade, namely outcompete its Western market competitors, even as it became a highly profitable company.Investment implications.The reasoning behind the upgrade from sell to hold.I bought Tesla stock last year at just over $120/share and sold once it reached $195, as I pointed out in an article at the beginning of 2023. My current upgrade to a hold from a sell back then is by no means a reflection of a change in my overall view in terms of performance expectations. The only difference is that back in February 2023 Tesla stock was on an upswing, so an opportunity arose to take profits, while now it is on a downswing, thus I am looking for the price to be right once again to get back in. In other words, it is now once again a stock of interest that I am watching, thus the upgrade.Tesla stock price & other metrics (Seeking Alpha)I missed out last year as it went as high as over $290/share, however as I write this, Tesla stock trades just slightly below my exit price point, therefore holding would not have earned me any extra gains on the trade as of right now. I am currently looking to start buying Tesla stock again if it drops below $150 or so, which is when the P/E ratio will start to resemble reasonable fundamentals of the company as I perceive them. As we can see, even after the recent decline in its stock price, Tesla stock is still trading at about twice the P/E valuation of the overall market.Tesla's higher P/E relative to peers may be partially justified.One of the bear cases that can be made for Tesla is the massive discrepancy between its P/E and that of its automotive industry peers. For instance, BMW, which I foresee as becoming a major competitor in Europe for EV market share, especially within the luxury segment, has a forward P/E of only about 5.BMW stock and other financial metrics (Seeking Alpha)It also offers a very generous dividend yield of about 8.7%, which in theory should justify a higher P/E. The difference is that BMW is far from being a growth stock. It may increase EV sales in the future, but it will likely come at a cost, with conventional car sales set to decline.BMWAs we can see, yearly sales have been holding flat in the past years. My personal view is that the EU EV transition plan to 2035 will lead to an overall decline in European car sales. BMW might see a net decline in total sales as a result, even though comparatively speaking it might emerge as one of the least-impacted European automakers, as I pointed out in an article in 2022. I do not think that Tesla's growth prospects justify a P/E ratio that is about 12 times higher than BMW's, but its growth profile, versus the no growth profile of BMW, does justify a significantly higher P/E valuation.Tesla lost EV market share in Europe this decade.With my analysis of Tesla's situation in Europe in mind, my perception of Tesla's overall fundamentals is that it is maturing into a solid company within the global auto industry, with strong profit margins, as well as the potential for continued moderate long-term sales growth.Data sources: Good car bad car.net, InsideEVsAs we can see, Tesla continues to capture more of the total automotive market share in Europe, together with the rest of the EV industry. Even as the EV industry slowed significantly in 2023 in terms of increasing its automotive sector market share, Tesla still managed to significantly increase its market share. That may not necessarily be an indication of how things will go this year and beyond, because as I pointed out, most of its competitors are gearing up to compete more intensely. Furthermore, looking at a multi-year performance, for instance, from 2019 until the present, the overall EV industry in Europe outperformed Tesla. Tesla's share of the European auto market grew about four-fold in the period, while the overall share of the EV industry grew about seven-fold, as the chart shows. In other words, this decade, Tesla is underperforming the overall European EV market in terms of sales growth.The size of the global luxury car market is limited and Tesla already plays a sizable role, therefore it is unclear how much more of it is up for grabs.It should also be noted that all of Tesla's current models target the luxury car segment in terms of potential consumers, which is as true in Europe as it is in the US or China. The total global luxury car market is estimated to be $655 billion as of 2023. Tesla is already about 13% of the global luxury car market, based on its total automotive revenues of $82.42 billion in 2023. It is questionable just how much further that market share can be expanded.Europe's luxury carmakers are gearing up to fight for market share by keeping manufacturing costs low, as I thoroughly examined in this article. Elsewhere, competition will continue to be fierce as well, especially given that the luxury segment tends to be where the profits are for EV makers. We should not write off the ICE-powered cars from retaining a significant portion of the global luxury car segment, as well as the European car market. Many luxury car enthusiasts continue to prefer it to electric.The global luxury car market will probably continue to expand, although it might disappoint current expectations of it reaching the trillion-dollar mark by the end of the decade. Tesla's sales growth may increasingly reflect the growth in the global luxury car market, as well as the growth of the EV segment within the overall luxury car market. I expect EVs to become dominant within the luxury car segment worldwide, perhaps by the end of the decade, whereas as of 2022, they captured about 30% of the luxury car market.Conclusion:Within this context, I expect Tesla's shares to mostly trade between $100/share and $300/share for the foreseeable future. Buyers will flock to it as it approaches $100/share, where its valuation will look increasingly reasonable, and sell as it approaches $300/share, where it will look increasingly out of step in terms of its fundamentals. For reference, with all else held equal, If Tesla stock were to trade at $100/share, its P/E ratio would drop to about 31, just slightly above the S&P 500 P/E ratio currently at just over 26. Based on my view, I see Tesla's P/E ratio approaching the market's average P/E as a likely bottom, namely that most investors would choose Tesla over owning the broader market, once P/E ratios converge. It was the same reasoning that led me to buy Tesla stock early last year as it went to $120/share. I just don't see much downside for this stock once it gets close to the overall market in terms of valuation. Therefore it is worth buying its stock whenever it falls below $150/share in my view, knowing that the downside is limited from that point on and selling once its shares rise above $200/share.","news_type":1},"isVote":1,"tweetType":1,"viewCount":559,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":270987698766072,"gmtCreate":1707196900258,"gmtModify":1707196904499,"author":{"id":"3574984385549978","authorId":"3574984385549978","name":"JimmyChua","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574984385549978","authorIdStr":"3574984385549978"},"themes":[],"htmlText":"Drop please","listText":"Drop please","text":"Drop please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/270987698766072","repostId":"1146764800","repostType":4,"repost":{"id":"1146764800","kind":"news","pubTimestamp":1707190200,"share":"https://ttm.financial/m/news/1146764800?lang=&edition=fundamental","pubTime":"2024-02-06 11:30","language":"en","title":"RBA Leaves Cash Rate at 4.35pc, Keeps Tightening Bias","url":"https://stock-news.laohu8.com/highlight/detail?id=1146764800","media":"The Australian Financial Review","summary":"The number: The Reserve Bank of Australia left the cash rate on hold at 4.35 per cent as widely predicted by the market and economists.Why it matters: It is the central bank’s first policy meeting this year under the new format of a two-day board meeting and media conference. They also released quarterly economic forecasts.What has changed: Inflation slowed faster than expected in the December quarter, prompting traders to bet that the first interest rate cut will happen by August of this year. ","content":"<html><head></head><body><p style=\"text-align: start;\"><strong>The number:</strong> The Reserve Bank of Australia left the cash rate on hold at 4.35 per cent, but downgraded its own forecasts for inflation and growth, while upgrading its jobless rate projection.</p><p style=\"text-align: start;\"><strong>What was said: </strong>The RBA has maintained its tightening bias, saying “further increase in interest rates cannot be ruled out”, according to the statement.</p><p style=\"text-align: start;\"><strong>Why it matters:</strong> It is the central bank’s first policy meeting this year under the new format of a two-day board meeting and media conference and the release of economic forecasts.</p><p style=\"text-align: start;\"><strong>What has changed: </strong>Inflation slowed faster than expected in the December quarter, prompting traders to bet that the first interest rate cut will happen by September of this year. Markets are expecting the US Federal Reserve to start easing its monetary policy by May.<strong><br/><br/>What’s next:</strong> RBA governor Michele Bullock will hold a media conference at 3.30p</p></body></html>","source":"afr_stock","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>RBA Leaves Cash Rate at 4.35pc, Keeps Tightening Bias</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\">\nRBA Leaves Cash Rate at 4.35pc, Keeps Tightening Bias\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-02-06 11:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.afr.com/markets/equity-markets/asx-to-drop-rba-policy-decision-pending-20240206-p5f2m9><strong>The Australian Financial Review</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The number: The Reserve Bank of Australia left the cash rate on hold at 4.35 per cent, but downgraded its own forecasts for inflation and growth, while upgrading its jobless rate projection.What was ...</p>\n\n<a href=\"https://www.afr.com/markets/equity-markets/asx-to-drop-rba-policy-decision-pending-20240206-p5f2m9\">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.afr.com/markets/equity-markets/asx-to-drop-rba-policy-decision-pending-20240206-p5f2m9","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146764800","content_text":"The number: The Reserve Bank of Australia left the cash rate on hold at 4.35 per cent, but downgraded its own forecasts for inflation and growth, while upgrading its jobless rate projection.What was said: The RBA has maintained its tightening bias, saying “further increase in interest rates cannot be ruled out”, according to the statement.Why it matters: It is the central bank’s first policy meeting this year under the new format of a two-day board meeting and media conference and the release of economic forecasts.What has changed: Inflation slowed faster than expected in the December quarter, prompting traders to bet that the first interest rate cut will happen by September of this year. Markets are expecting the US Federal Reserve to start easing its monetary policy by May.What’s next: RBA governor Michele Bullock will hold a media conference at 3.30p","news_type":1},"isVote":1,"tweetType":1,"viewCount":466,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":270987698446448,"gmtCreate":1707196887641,"gmtModify":1707196891816,"author":{"id":"3574984385549978","authorId":"3574984385549978","name":"JimmyChua","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574984385549978","authorIdStr":"3574984385549978"},"themes":[],"htmlText":"T5 soon&nbsp;","listText":"T5 soon&nbsp;","text":"T5 soon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/270987698446448","repostId":"1156477234","repostType":4,"repost":{"id":"1156477234","kind":"news","pubTimestamp":1707189952,"share":"https://ttm.financial/m/news/1156477234?lang=&edition=fundamental","pubTime":"2024-02-06 11:25","market":"sg","language":"en","title":"Singapore Sees Changi Airport Traffic Hitting Pre-Covid Levels This Year","url":"https://stock-news.laohu8.com/highlight/detail?id=1156477234","media":"Bloomberg","summary":"Changi passenger volumes at 86% of pre-Covid levels in 2023Construction of fifth airport terminal to start next yearFor the full year of 2023, the airport handled 58.9 million passenger movements.Sing","content":"<html><head></head><body><ul style=\"\"><li><p>Changi passenger volumes at 86% of pre-Covid levels in 2023</p></li><li><p>Construction of fifth airport terminal to start next year</p></li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/37f666149b96d3c603e994a49f2003c0\" alt=\"For the full year of 2023, the airport handled 58.9 million passenger movements.\" title=\"For the full year of 2023, the airport handled 58.9 million passenger movements.\" tg-width=\"2000\" tg-height=\"1313\"/><span>For the full year of 2023, the airport handled 58.9 million passenger movements.</span></p><p style=\"text-align: start;\">Singapore Changi Airport’s passenger volumes are expected to reach pre-pandemic levels in 2024, the country’s transport ministry said in a written response to parliamentary questions.</p><p style=\"text-align: start;\">Monthly passenger traffic recovered to around 90% of pre-Covid levels in December. For the full year of 2023, the airport handled 58.9 million passenger movements, or 86% of traffic recorded in 2019, the ministry said.</p><p style=\"text-align: start;\">To meet longer term demand for air travel, the financial hub plans to start construction of a fifth airport terminal next year and expects it to be operational in mid-2030s, it added.</p></body></html>","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>Singapore Sees Changi Airport Traffic Hitting Pre-Covid Levels This Year</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\">\nSingapore Sees Changi Airport Traffic Hitting Pre-Covid Levels This Year\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-02-06 11:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2024-02-06/singapore-sees-changi-airport-traffic-hitting-pre-covid-levels-this-year?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Changi passenger volumes at 86% of pre-Covid levels in 2023Construction of fifth airport terminal to start next yearFor the full year of 2023, the airport handled 58.9 million passenger movements....</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2024-02-06/singapore-sees-changi-airport-traffic-hitting-pre-covid-levels-this-year?srnd=premium\">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/news/articles/2024-02-06/singapore-sees-changi-airport-traffic-hitting-pre-covid-levels-this-year?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1156477234","content_text":"Changi passenger volumes at 86% of pre-Covid levels in 2023Construction of fifth airport terminal to start next yearFor the full year of 2023, the airport handled 58.9 million passenger movements.Singapore Changi Airport’s passenger volumes are expected to reach pre-pandemic levels in 2024, the country’s transport ministry said in a written response to parliamentary questions.Monthly passenger traffic recovered to around 90% of pre-Covid levels in December. For the full year of 2023, the airport handled 58.9 million passenger movements, or 86% of traffic recorded in 2019, the ministry said.To meet longer term demand for air travel, the financial hub plans to start construction of a fifth airport terminal next year and expects it to be operational in mid-2030s, it added.","news_type":1},"isVote":1,"tweetType":1,"viewCount":394,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":270987603099760,"gmtCreate":1707196864363,"gmtModify":1707196868907,"author":{"id":"3574984385549978","authorId":"3574984385549978","name":"JimmyChua","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574984385549978","authorIdStr":"3574984385549978"},"themes":[],"htmlText":"Can short?","listText":"Can short?","text":"Can short?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/270987603099760","repostId":"2409437695","repostType":2,"repost":{"id":"2409437695","kind":"highlight","pubTimestamp":1707196335,"share":"https://ttm.financial/m/news/2409437695?lang=&edition=fundamental","pubTime":"2024-02-06 13:12","market":"us","language":"en","title":"Meta Platforms Forecast: New Dividend Makes META Stock a Slam-Dunk","url":"https://stock-news.laohu8.com/highlight/detail?id=2409437695","media":"InvestorPlace","summary":"Meta Platforms' strong financial results, along with the company's upcoming dividend payouts and share buybacks, make the case for META stock.","content":"<html><head></head><body><ul style=\"\"><li><p><a href=\"https://laohu8.com/S/META\">Meta Platforms</a> stock surged due to the company’s expectation-beating quarterly results.</p></li><li><p>Furthermore, investor are enthused about Meta Platforms’ upcoming first-ever dividend payments.</p></li><li><p>Investors should consider buying and holding some META stock shares.</p></li></ul><p>A new earnings season always brings triumph and disappointments. This time around, Meta Platforms definitely belongs in the “triumph” category and truly earned its “Magnificent Seven” designation. My META stock forecast indicates that, while the stock might not look super-cheap right now, it’s worth owning for the remainder of 2024 at least.</p><p>Indeed, you’ll get more than the usual share-price appreciation from Meta Platforms this year. You’ll also get a nice bonus, which passive-income investors ought to appreciate. So, let’s delve into the details and uncover the ever-improving bull case for Meta Platforms.</p><h2 id=\"id_1859022231\">META Stock Zooms Ahead on Terrific Quarterly Results</h2><p>The skeptics can question Meta Platforms’ valuation all day long if they want to. They can also look askance at CEO Mark Zuckerberg as he obsesses about the metaverse. None of this, however, negates Meta Platforms’ undeniably positive fourth-quarter 2023 financial results.</p><p>These results, along with Meta Platforms’ forward guidance, could be described as across-the-board beats. For example, the company reported adjusted earnings of $5.33 per share, which surpassed the analysts’ consensus estimate of $4.82 per share.</p><p>Furthermore, while Wall Street expected Meta Platforms to generate quarterly revenue of $39.1 billion, the company actually reported $40.1 billion. This represents 25% year-over-year growth — not too shabby, you must admit.</p><p>Additionally, Meta Platforms guided for first-quarter 2024 revenue of $34.5 billion to $37 billion. There’s a beat here, as well, since Wall Street had projected current-quarter revenue of $33.9 billion for Meta Platforms. Therefore, it’s not too shocking that META stock jumped after the company released its data and outlook.</p><h2 id=\"id_1172239678\">Buybacks and Dividends, Oh My!</h2><p>Does Meta Platforms actually respect its shareholders? Skeptical investors might have asked that question in the past, but now there’s a definitive answer: Yes!</p><p>One way for Meta Platforms to demonstrate respect for its investors is by repurchasing the company’s own shares. This reduces the pool of available shares, thereby keeping the supply low and potentially putting a floor on the META stock price. To that end, Meta Platforms announced a $50 billion increase in the company’s share-repurchase program.</p><p>Moreover, Meta Platforms showed respect for the shareholders by disclosing the company’s upcoming first-ever dividend payment. It’s only 50 cents per share, which isn’t a mind-blowing amount when the stock price is over $400.</p><p>Still, the market is already quite enthused about Meta Platforms finally initiating dividend distributions after many years of not doing so. It’s actually prompting questions about whether other “Magnificent Seven” companies will follow Meta Platforms’ lead and initiate their own dividend programs.</p><h2 id=\"id_3485145544\">Bullish META Stock Forecast: What More Could You Ask For?</h2><p>I suppose you could ask for an ultra-low valuation, but let’s not nitpick. Meta Platforms’ investors now get growth and momentum, along with dividend payouts and the assurance that comes with corporate share buybacks.</p><p>It’s about as close to the total package that any reasonable investor could ask for. Consequently, my META stock forecast is definitely bullish. Feel free to pick up some Meta shares today, and get ready to reinvest the upcoming dividend distributions.</p></body></html>","source":"investorplace_stock_picks","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>Meta Platforms Forecast: New Dividend Makes META Stock a Slam-Dunk</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\">\nMeta Platforms Forecast: New Dividend Makes META Stock a Slam-Dunk\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-02-06 13:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2024/02/meta-platforms-forecast-new-dividend-makes-meta-stock-a-slam-dunk/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Meta Platforms stock surged due to the company’s expectation-beating quarterly results.Furthermore, investor are enthused about Meta Platforms’ upcoming first-ever dividend payments.Investors should ...</p>\n\n<a href=\"https://investorplace.com/2024/02/meta-platforms-forecast-new-dividend-makes-meta-stock-a-slam-dunk/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0070302665.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) ACC","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0672654240.SGD":"FTIF - Franklin US Opportunities A Acc SGD-H1","LU0648001328.SGD":"Natixis Harris Associates US Equity RA SGD","LU0690374961.EUR":"FUNDSMITH EQUITY \"R\" (EUR) INC","BK4592":"伊斯兰概念","IE00B7SZLL34.SGD":"Legg Mason ClearBridge - Value A Acc SGD-H","LU0149725797.USD":"汇丰美国股市经济规模基金","LU0211327993.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (USD) ACC","LU0690374615.EUR":"FUNDSMITH EQUITY \"R\" (EUR) ACC","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","BK4585":"ETF&股票定投概念","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","BK4507":"流媒体概念","IE00BJTD4N35.SGD":"Neuberger Berman US Long Short Equity A1  Acc SGD-H","LU0211328371.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (MDIS) (USD)   INC","LU0211331839.USD":"FRANKLIN MUTUAL GLB DISCOVERY \"A\" (USD) ACC","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","BK4587":"ChatGPT概念","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","LU0234570918.USD":"高盛全球核心股票组合Acc Close","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","META":"Meta Platforms, Inc.","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","BK4524":"宅经济概念","IE00B19Z3581.USD":"Legg Mason ClearBridge - Value A Acc USD","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","BK4077":"互动媒体与服务","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","BK4588":"碎股","GB00B4QBRK32.GBP":"FUNDSMITH EQUITY \"R\" (GBP) INC","LU0056508442.USD":"贝莱德世界科技基金A2","IE00B19Z3B42.SGD":"Legg Mason ClearBridge - Value A Acc SGD","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","GB00B4LPDJ14.GBP":"FUNDSMITH EQUITY \"R\" (GBP) ACC","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","IE00BMPRXN33.USD":"NEUBERGER BERMAN 5G CONNECTIVITY \"A\" (USD) ACC","IE00BKDWB100.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5H\" (SGDHDG) ACC","LU0310799852.SGD":"FTIF - Templeton Global Equity Income A MDIS SGD","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","LU0320765489.SGD":"FTIF - Franklin Mutual US Value A Acc SGD"},"source_url":"https://investorplace.com/2024/02/meta-platforms-forecast-new-dividend-makes-meta-stock-a-slam-dunk/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2409437695","content_text":"Meta Platforms stock surged due to the company’s expectation-beating quarterly results.Furthermore, investor are enthused about Meta Platforms’ upcoming first-ever dividend payments.Investors should consider buying and holding some META stock shares.A new earnings season always brings triumph and disappointments. This time around, Meta Platforms definitely belongs in the “triumph” category and truly earned its “Magnificent Seven” designation. My META stock forecast indicates that, while the stock might not look super-cheap right now, it’s worth owning for the remainder of 2024 at least.Indeed, you’ll get more than the usual share-price appreciation from Meta Platforms this year. You’ll also get a nice bonus, which passive-income investors ought to appreciate. So, let’s delve into the details and uncover the ever-improving bull case for Meta Platforms.META Stock Zooms Ahead on Terrific Quarterly ResultsThe skeptics can question Meta Platforms’ valuation all day long if they want to. They can also look askance at CEO Mark Zuckerberg as he obsesses about the metaverse. None of this, however, negates Meta Platforms’ undeniably positive fourth-quarter 2023 financial results.These results, along with Meta Platforms’ forward guidance, could be described as across-the-board beats. For example, the company reported adjusted earnings of $5.33 per share, which surpassed the analysts’ consensus estimate of $4.82 per share.Furthermore, while Wall Street expected Meta Platforms to generate quarterly revenue of $39.1 billion, the company actually reported $40.1 billion. This represents 25% year-over-year growth — not too shabby, you must admit.Additionally, Meta Platforms guided for first-quarter 2024 revenue of $34.5 billion to $37 billion. There’s a beat here, as well, since Wall Street had projected current-quarter revenue of $33.9 billion for Meta Platforms. Therefore, it’s not too shocking that META stock jumped after the company released its data and outlook.Buybacks and Dividends, Oh My!Does Meta Platforms actually respect its shareholders? Skeptical investors might have asked that question in the past, but now there’s a definitive answer: Yes!One way for Meta Platforms to demonstrate respect for its investors is by repurchasing the company’s own shares. This reduces the pool of available shares, thereby keeping the supply low and potentially putting a floor on the META stock price. To that end, Meta Platforms announced a $50 billion increase in the company’s share-repurchase program.Moreover, Meta Platforms showed respect for the shareholders by disclosing the company’s upcoming first-ever dividend payment. It’s only 50 cents per share, which isn’t a mind-blowing amount when the stock price is over $400.Still, the market is already quite enthused about Meta Platforms finally initiating dividend distributions after many years of not doing so. It’s actually prompting questions about whether other “Magnificent Seven” companies will follow Meta Platforms’ lead and initiate their own dividend programs.Bullish META Stock Forecast: What More Could You Ask For?I suppose you could ask for an ultra-low valuation, but let’s not nitpick. Meta Platforms’ investors now get growth and momentum, along with dividend payouts and the assurance that comes with corporate share buybacks.It’s about as close to the total package that any reasonable investor could ask for. Consequently, my META stock forecast is definitely bullish. Feel free to pick up some Meta shares today, and get ready to reinvest the upcoming dividend distributions.","news_type":1},"isVote":1,"tweetType":1,"viewCount":287,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":620181683,"gmtCreate":1669541454045,"gmtModify":1676538206116,"author":{"id":"3574984385549978","authorId":"3574984385549978","name":"JimmyChua","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574984385549978","authorIdStr":"3574984385549978"},"themes":[],"htmlText":"Apple time to adjust down","listText":"Apple time to adjust down","text":"Apple time to adjust down","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":16,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/620181683","repostId":"1170146184","repostType":4,"repost":{"id":"1170146184","kind":"news","pubTimestamp":1669522674,"share":"https://ttm.financial/m/news/1170146184?lang=&edition=fundamental","pubTime":"2022-11-27 12:17","market":"us","language":"en","title":"3 Tech Stocks You Can Count on in This Uncertain Market","url":"https://stock-news.laohu8.com/highlight/detail?id=1170146184","media":"InvestorPlace","summary":"Here are three top-quality tech stocks investors can count on in the long term.Apple(AAPL): Warren B","content":"<html><head></head><body><ul><li>Here are three top-quality tech stocks investors can count on in the long term.</li><li><b>Apple</b>(<b>AAPL</b>): Warren Buffett continues to buy because of its economic moat.</li><li><b>Advanced Micro Devices</b>(<b>AMD</b>): Analysts love this beaten-down tech name.</li><li><b>Nvidia</b>(<b>NVDA</b>): The bad news is already priced into downed stocks like Nvidia.</li></ul><p>2022 was a tough one for tech stocks. Most were walloped with higher interest rates, fears of aggressive rate hikes, geopolitical issues, economic concerns, and fed-up consumers. It chased even the sanest investors from the market. While it’s impossible to find a risk-free investment, some are safer than others – especially if they’re leaders in their sectors, with wide economic moats.</p><p>In fact, one of the best ways to spot strong tech stocks is to follow the Warren Buffett model, which is to invest in simple companies that are easy to understand; companies with predictable and proven earnings; companies that can be bought at a reasonable price; and companies with“economic moat,”or a unique advantage over its competition. Seeing that Warren Buffett is now worth about $108.2 billion, it’s a safe bet he knows a thing or two about safe investing.</p><p><b>Apple (AAPL)</b></p><p>With a diversified revenue stream, and an ability to adapt to new consumer trends, <b>Apple</b> (NASDAQ:<b>AAPL</b>) will always be one of the strong tech stocks to bet on. Even Warren Buffett once said he continues to invest in Apple because of its brand, ecosystem, and strong economic moat.</p><p>In addition, we have to consider that Apple is a global leader in innovation. Just look at the iPhone alone. First introduced to the public in 2007, it’s now one of the most popular mobile phones in the world, with a growing market share. Better, earnings have been solid.</p><p>The company just beat expectations on revenue and profits, and it showed that global demand for its products is still high. In its fourth quarter, the company’s revenue was up 8% to $90 billion. Mac sales were up 25% to $11.5 billion in the quarter. iPhone sales were up 10% to $42.6 billion. Operating income was up by 5% to $25 billion. EPS was up 4% to $1.29, putting it above expectations for $1.27.</p><p>Also, analysts, such as Deutsche Bank’s Sidney Ho, say Apple is trading at a reasonable valuation and has a buy rating with a price target of $175. Apple also carries a dividend yield of 0.66%, and it’s been aggressive with stock buybacks.</p><p><b>Tech Stocks: Advanced Micro Devices (AMD)</b></p><p><b>Advanced Micro Devices</b> (NASDAQ: <b>AMD</b>) was butchered for most of the year. But that’ll happen when most of the tech stock sector is dragging just about everything lower. However, after falling from about $150 to a low of about $60, the AMD stock is showing strong signs of life. With patience, I’d like to see the AMD stock run from its current price of $75.25 to $120 in the near term.</p><p>Analysts like the AMD stock, too. UBS upgraded AMD to a buy rating with a price target of $95 a share. Baird analyst Tristan Gerra also just upgraded the beaten-down tech name to outperform with a price target of $100. He believes the company’s newest Genoa chips could widen the company’s competitive moat. Credit Suisse analyst Chris Caso also initiated coverage of AMD with an outperform rating, with a price target of $90.</p><p>Piper Sandler analyst Harsh Kumar is also overweight on the stock, with a price target of $90. He added that earnings appear to be bottoming and that PC inventory should start to clear out in the early part of 2023. In addition, he believes AMD is a great way to trade the server uptrend and cloud strength.</p><p><b>Tech Stocks: Nvidia (NVDA)</b></p><p>While <b>Nvidia</b> (NASDAQ:<b>NVDA</b>) was cut in half this year, it’s still one quality, safe name investors can count on. For one, the company makes the chips that are used to power some of the world’s most advanced technologies, including gaming, supercomputing, the cloud, artificial intelligence, machine learning, virtual reality, augmented reality, autonomous driving, etc. Again, NVDA was destroyed in 2022. But it’s still a high-quality name to count on.</p><p>Better, it’s also getting a jump on the Industrial Omniverse, which is already being used by major companies, like <b>Lowe’s</b> (NYSE:LOW), <b>BMW</b>(OTCMKTS:BMWYY), <b>Siemens</b>(OTCMKTS:SIEGY), and <b>Lockheed Martin</b> (NYSE:LMT).</p><p>Analysts, like Credit Suisse’s Chris Casso, say there’s been enough bad news for semiconductors to lower the risk of investing. The firm also said Nvidia was one of its top picks thanks to its strength in artificial intelligence, computing, and data centers. Better, the firm now has an outperform rating on the stock, with a $210 price target. Piper Sandler analyst Harsh Kumar also sees a near-term turnaround for Nvidia and has an overweight rating on the stock. For me, from a current price of $160.38, I’d like to see the stock run back to $195 by the first half of the New Year.</p></body></html>","source":"investorplace","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>3 Tech Stocks You Can Count on in This Uncertain Market</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\">\n3 Tech Stocks You Can Count on in This Uncertain Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-27 12:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/11/3-tech-stocks-you-can-count-on-in-this-uncertain-market/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Here are three top-quality tech stocks investors can count on in the long term.Apple(AAPL): Warren Buffett continues to buy because of its economic moat.Advanced Micro Devices(AMD): Analysts love this...</p>\n\n<a href=\"https://investorplace.com/2022/11/3-tech-stocks-you-can-count-on-in-this-uncertain-market/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMD":"美国超微公司","NVDA":"英伟达","AAPL":"苹果"},"source_url":"https://investorplace.com/2022/11/3-tech-stocks-you-can-count-on-in-this-uncertain-market/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1170146184","content_text":"Here are three top-quality tech stocks investors can count on in the long term.Apple(AAPL): Warren Buffett continues to buy because of its economic moat.Advanced Micro Devices(AMD): Analysts love this beaten-down tech name.Nvidia(NVDA): The bad news is already priced into downed stocks like Nvidia.2022 was a tough one for tech stocks. Most were walloped with higher interest rates, fears of aggressive rate hikes, geopolitical issues, economic concerns, and fed-up consumers. It chased even the sanest investors from the market. While it’s impossible to find a risk-free investment, some are safer than others – especially if they’re leaders in their sectors, with wide economic moats.In fact, one of the best ways to spot strong tech stocks is to follow the Warren Buffett model, which is to invest in simple companies that are easy to understand; companies with predictable and proven earnings; companies that can be bought at a reasonable price; and companies with“economic moat,”or a unique advantage over its competition. Seeing that Warren Buffett is now worth about $108.2 billion, it’s a safe bet he knows a thing or two about safe investing.Apple (AAPL)With a diversified revenue stream, and an ability to adapt to new consumer trends, Apple (NASDAQ:AAPL) will always be one of the strong tech stocks to bet on. Even Warren Buffett once said he continues to invest in Apple because of its brand, ecosystem, and strong economic moat.In addition, we have to consider that Apple is a global leader in innovation. Just look at the iPhone alone. First introduced to the public in 2007, it’s now one of the most popular mobile phones in the world, with a growing market share. Better, earnings have been solid.The company just beat expectations on revenue and profits, and it showed that global demand for its products is still high. In its fourth quarter, the company’s revenue was up 8% to $90 billion. Mac sales were up 25% to $11.5 billion in the quarter. iPhone sales were up 10% to $42.6 billion. Operating income was up by 5% to $25 billion. EPS was up 4% to $1.29, putting it above expectations for $1.27.Also, analysts, such as Deutsche Bank’s Sidney Ho, say Apple is trading at a reasonable valuation and has a buy rating with a price target of $175. Apple also carries a dividend yield of 0.66%, and it’s been aggressive with stock buybacks.Tech Stocks: Advanced Micro Devices (AMD)Advanced Micro Devices (NASDAQ: AMD) was butchered for most of the year. But that’ll happen when most of the tech stock sector is dragging just about everything lower. However, after falling from about $150 to a low of about $60, the AMD stock is showing strong signs of life. With patience, I’d like to see the AMD stock run from its current price of $75.25 to $120 in the near term.Analysts like the AMD stock, too. UBS upgraded AMD to a buy rating with a price target of $95 a share. Baird analyst Tristan Gerra also just upgraded the beaten-down tech name to outperform with a price target of $100. He believes the company’s newest Genoa chips could widen the company’s competitive moat. Credit Suisse analyst Chris Caso also initiated coverage of AMD with an outperform rating, with a price target of $90.Piper Sandler analyst Harsh Kumar is also overweight on the stock, with a price target of $90. He added that earnings appear to be bottoming and that PC inventory should start to clear out in the early part of 2023. In addition, he believes AMD is a great way to trade the server uptrend and cloud strength.Tech Stocks: Nvidia (NVDA)While Nvidia (NASDAQ:NVDA) was cut in half this year, it’s still one quality, safe name investors can count on. For one, the company makes the chips that are used to power some of the world’s most advanced technologies, including gaming, supercomputing, the cloud, artificial intelligence, machine learning, virtual reality, augmented reality, autonomous driving, etc. Again, NVDA was destroyed in 2022. But it’s still a high-quality name to count on.Better, it’s also getting a jump on the Industrial Omniverse, which is already being used by major companies, like Lowe’s (NYSE:LOW), BMW(OTCMKTS:BMWYY), Siemens(OTCMKTS:SIEGY), and Lockheed Martin (NYSE:LMT).Analysts, like Credit Suisse’s Chris Casso, say there’s been enough bad news for semiconductors to lower the risk of investing. The firm also said Nvidia was one of its top picks thanks to its strength in artificial intelligence, computing, and data centers. Better, the firm now has an outperform rating on the stock, with a $210 price target. Piper Sandler analyst Harsh Kumar also sees a near-term turnaround for Nvidia and has an overweight rating on the stock. For me, from a current price of $160.38, I’d like to see the stock run back to $195 by the first half of the New Year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":117,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9947178975,"gmtCreate":1682738471198,"gmtModify":1682738478357,"author":{"id":"3574984385549978","authorId":"3574984385549978","name":"JimmyChua","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574984385549978","authorIdStr":"3574984385549978"},"themes":[],"htmlText":"Shareholders better run","listText":"Shareholders better run","text":"Shareholders better run","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":18,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947178975","repostId":"1105388171","repostType":2,"repost":{"id":"1105388171","kind":"news","pubTimestamp":1682735400,"share":"https://ttm.financial/m/news/1105388171?lang=&edition=fundamental","pubTime":"2023-04-29 10:30","market":"us","language":"en","title":"First Republic’s Fate Uncertain After Stock’s Harrowing Drop","url":"https://stock-news.laohu8.com/highlight/detail?id=1105388171","media":"Bloomberg","summary":"Some senior FDIC officials expect bank to keep seeking a dealMeanwhile, larger banks are preparing f","content":"<html><head></head><body><ul><li><p>Some senior FDIC officials expect bank to keep seeking a deal</p></li><li><p>Meanwhile, larger banks are preparing for a potential seizure</p></li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a728a569719ed45a4ef5d1a57fe847ed\" alt=\"A First Republic Bank branch in New York.  Photographer: Stephanie Keith/Bloomberg\" title=\"A First Republic Bank branch in New York.  Photographer: Stephanie Keith/Bloomberg\" tg-width=\"1000\" tg-height=\"667\"/><span>A First Republic Bank branch in New York.  Photographer: Stephanie Keith/Bloomberg</span></p><p style=\"text-align: start;\">First Republic Bank’s week of harrowing stock drops and urgent work toward a deal to shore up its balance sheet ended with the lender’s fate in limbo.</p><p style=\"text-align: start;\">The Federal Deposit Insurance Corp., keeping tabs on the bank’s deposits and funding, hasn’t reached a decision on intervening at the troubled lender, according to people with direct knowledge of the matter. Some senior officials there expect the firm’s management will continue pursuing talks for a private-sector deal to bolster its finances.</p><p style=\"text-align: start;\">Still, the FDIC’s position could change if there’s an unforeseen development.</p><p style=\"text-align: start;\">Meanwhile, larger lenders have started preparing for the possibility that the government seizes First Republic and asks them to bid on the bank or its assets, people close to the situation said, asking not to be named describing confidential preparations. While banks have been reluctant to put up money to rescue the firm in recent days, some are keen to make offers if it’s auctioned.</p><p>JPMorgan Chase &amp; Co. and PNC Financial Services Group Inc. are among the big banks vying to buy First Republic in a deal that would come after a government seizure, the Wall Street Journal reported late Friday, citing people with knowledge of the matter. A seizure could take place as soon as this weekend, the newspaper said.  </p><p style=\"text-align: start;\">A spokesperson for the FDIC said late Friday that the agency doesn’t comment on “operating institutions.” Representatives for California’s banking regulator, which would take the lead in deciding whether the San Francisco-based lender has failed, didn’t respond to requests for comment.</p><p style=\"text-align: start;\">“We are engaged in discussions with multiple parties about our strategic options while continuing to serve our clients,” a spokesperson for First Republic said in a statement at the close of regular business in California.</p><p style=\"text-align: start;\">The company’s stock plunged by more than half at one point on Friday amid renewed concern that the FDIC might seize the bank. A few proposals for an industry-led rescue have surfaced in recent days. But they have yet to yield any deal.</p><p style=\"text-align: start;\">With the stock down 97% this year, bankers and regulators have been stuck in a standoff, with both sides seeking to avoid steep losses and hoping the other will handle the troubled firm. </p><p style=\"text-align: start;\">A group of 11 banks that deposited $30 billion into First Republic last month to give it time to find a solution have proved reluctant to invest in the firm itself, even if that means they might lose some cash in their accounts. Some stronger firms are waiting for the government to offer aid or put the bank in receivership, a resolution they view as cleaner — and potentially ending with a sale of business lines or assets at attractive prices.</p><p style=\"text-align: start;\">But receivership is an outcome the FDIC would prefer to avoid in part because of the multibillion-dollar hit to its own deposit insurance fund. The agency is already planning to impose a special assessment on the industry to cover the cost of Silicon Valley Bank and Signature Bank’s failures last month.</p><p style=\"text-align: start;\">Weighing on First Republic’s balance sheet is a mountain of low-interest loans, including an unusually large portfolio of jumbo mortgages to wealthy clients. Such debts have lost value amid interest-rate hikes.</p><p>The collapse of SVB in March stoked concerns about the soundness of regional lenders with such holdings, prompting wealthy depositors and businesses with uninsured deposits to yank their money. First Republic was left paying more for funding than it earns on many of its assets.</p><p style=\"text-align: start;\">Still, the bank’s executives emphasized in an earnings report this week, the firm has ample cash reserves to continue meeting clients’ needs.</p></body></html>","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>First Republic’s Fate Uncertain After Stock’s Harrowing Drop</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\">\nFirst Republic’s Fate Uncertain After Stock’s Harrowing Drop\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-04-29 10:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-04-29/first-republic-s-fate-uncertain-after-stock-s-harrowing-tumble?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Some senior FDIC officials expect bank to keep seeking a dealMeanwhile, larger banks are preparing for a potential seizureA First Republic Bank branch in New York.  Photographer: Stephanie Keith/...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-04-29/first-republic-s-fate-uncertain-after-stock-s-harrowing-tumble?srnd=premium\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FRCB":"第一共和银行"},"source_url":"https://www.bloomberg.com/news/articles/2023-04-29/first-republic-s-fate-uncertain-after-stock-s-harrowing-tumble?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105388171","content_text":"Some senior FDIC officials expect bank to keep seeking a dealMeanwhile, larger banks are preparing for a potential seizureA First Republic Bank branch in New York.  Photographer: Stephanie Keith/BloombergFirst Republic Bank’s week of harrowing stock drops and urgent work toward a deal to shore up its balance sheet ended with the lender’s fate in limbo.The Federal Deposit Insurance Corp., keeping tabs on the bank’s deposits and funding, hasn’t reached a decision on intervening at the troubled lender, according to people with direct knowledge of the matter. Some senior officials there expect the firm’s management will continue pursuing talks for a private-sector deal to bolster its finances.Still, the FDIC’s position could change if there’s an unforeseen development.Meanwhile, larger lenders have started preparing for the possibility that the government seizes First Republic and asks them to bid on the bank or its assets, people close to the situation said, asking not to be named describing confidential preparations. While banks have been reluctant to put up money to rescue the firm in recent days, some are keen to make offers if it’s auctioned.JPMorgan Chase & Co. and PNC Financial Services Group Inc. are among the big banks vying to buy First Republic in a deal that would come after a government seizure, the Wall Street Journal reported late Friday, citing people with knowledge of the matter. A seizure could take place as soon as this weekend, the newspaper said.  A spokesperson for the FDIC said late Friday that the agency doesn’t comment on “operating institutions.” Representatives for California’s banking regulator, which would take the lead in deciding whether the San Francisco-based lender has failed, didn’t respond to requests for comment.“We are engaged in discussions with multiple parties about our strategic options while continuing to serve our clients,” a spokesperson for First Republic said in a statement at the close of regular business in California.The company’s stock plunged by more than half at one point on Friday amid renewed concern that the FDIC might seize the bank. A few proposals for an industry-led rescue have surfaced in recent days. But they have yet to yield any deal.With the stock down 97% this year, bankers and regulators have been stuck in a standoff, with both sides seeking to avoid steep losses and hoping the other will handle the troubled firm. A group of 11 banks that deposited $30 billion into First Republic last month to give it time to find a solution have proved reluctant to invest in the firm itself, even if that means they might lose some cash in their accounts. Some stronger firms are waiting for the government to offer aid or put the bank in receivership, a resolution they view as cleaner — and potentially ending with a sale of business lines or assets at attractive prices.But receivership is an outcome the FDIC would prefer to avoid in part because of the multibillion-dollar hit to its own deposit insurance fund. The agency is already planning to impose a special assessment on the industry to cover the cost of Silicon Valley Bank and Signature Bank’s failures last month.Weighing on First Republic’s balance sheet is a mountain of low-interest loans, including an unusually large portfolio of jumbo mortgages to wealthy clients. Such debts have lost value amid interest-rate hikes.The collapse of SVB in March stoked concerns about the soundness of regional lenders with such holdings, prompting wealthy depositors and businesses with uninsured deposits to yank their money. First Republic was left paying more for funding than it earns on many of its assets.Still, the bank’s executives emphasized in an earnings report this week, the firm has ample cash reserves to continue meeting clients’ needs.","news_type":1},"isVote":1,"tweetType":1,"viewCount":261,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":356747440,"gmtCreate":1616821018980,"gmtModify":1704799423213,"author":{"id":"3574984385549978","authorId":"3574984385549978","name":"JimmyChua","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574984385549978","authorIdStr":"3574984385549978"},"themes":[],"htmlText":"Wonder if Toyota and Honda can come into this market more easily since they have experience making cars&nbsp;","listText":"Wonder if Toyota and Honda can come into this market more easily since they have experience making cars&nbsp;","text":"Wonder if Toyota and Honda can come into this market more easily since they have experience making cars","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":6,"repostSize":0,"link":"https://ttm.financial/post/356747440","repostId":"1111192234","repostType":4,"repost":{"id":"1111192234","kind":"news","pubTimestamp":1616772179,"share":"https://ttm.financial/m/news/1111192234?lang=&edition=fundamental","pubTime":"2021-03-26 23:22","market":"us","language":"en","title":"Tesla Deliveries Are Coming. They Matter More Than Ever. Here’s What to Expect.","url":"https://stock-news.laohu8.com/highlight/detail?id=1111192234","media":"Barrons","summary":"The first quarter ends in just a few days. That means more delivery data from auto makers is due. For investors, the figures will be higher stakes than usual. The reason is simple: The global automotive microchip shortage is roiling the entire car business.Numbers will matter even more for richly valued, high-growth companies such as Tesla. Tesla investors want growth, and the chip situation is squeezing growth. Both General Motors and Ford Motor have taken unexpected plant downtime recently and","content":"<p>The first quarter ends in just a few days. That means more delivery data from auto makers is due. For investors, the figures will be higher stakes than usual. The reason is simple: The global automotive microchip shortage is roiling the entire car business.</p>\n<p>Numbers will matter even more for richly valued, high-growth companies such as&nbsp;Tesla(ticker: TSLA). Tesla investors want growth, and the chip situation is squeezing growth. Both&nbsp;General Motors(GM) and&nbsp;Ford Motor(F) have taken unexpected plant downtime recently and have called the chip issue a billion-dollar profit headwind for 2021. That’s not what investors want to hear.</p>\n<p>Everyone is aware of the issue. Still, when first-quarter data is released, investors have to decide whether or not to give Tesla, or any other fast-growing EV maker, a pass if results are weaker than expected.</p>\n<p>So far the market isn’t feeling charitable. But the sample size is only one stock.</p>\n<p>NIO&nbsp;shares (NIO) are down more than 6% in Friday trading after the EV maker&nbsp;reduced guidance&nbsp;for first-quarter deliveries from about 20,250 cars to about 19,500. NIO management cited the chip shortage and is shutting a manufacturing plant for five days starting March 29.</p>\n<p>For Tesla, Wall Street is looking for about 162,000 vehicles delivered in March. That’s down from a peak estimate of about 183,000 vehicles. Analysts seem to be reducing numbers, possibly because of the shortage.</p>\n<p>Tesla delivered about 181,000 vehicles in the&nbsp;fourth quarter. For the full year 2021, analysts are looking for almost 800,000 vehicle deliveries, up about 60% year over year.</p>\n<p>RBC analyst&nbsp;Joe Spak&nbsp;is forecasting 170,000 first-quarter deliveries, up more than 90% year over year. He also forecasts Tesla will make 96,000 cars in California and 74,000 cars in China during the quarter. “Consensus [estimate] looks mostly reasonable,” wrote Spak in a Thursday report. “We do look for updates to see how the semi shortage is impacting&nbsp;Tesla—as it has the rest of the industry.” He sees some additional downside risk to estimates, especially for second-quarter numbers, because of chips.</p>\n<p>Spak rates Tesla stock Hold and has a $725 price target for shares.</p>\n<p>In the case of Tesla stock, the chip shortage has taken a back seat to rising interest rates. Rising rateshit growth stocksin two main ways. For starters, it makes growth more expensive to finance. NIO isn’t profitable yet. High-growth companies generate most of their cash flow far in the future. That cash flow is worth a little less, relatively speaking, when investors can earn higher interest rates on their cash today.</p>\n<p>Tesla stock is down roughly 10% year to date after rising more than 740% in 2020. Shares are down 0.9% in early Friday trading, at $634.40. The&nbsp;S&amp;P 500is up about 0.7%.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Deliveries Are Coming. They Matter More Than Ever. Here’s What to Expect.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Deliveries Are Coming. They Matter More Than Ever. Here’s What to Expect.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-26 23:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/tesla-deliveries-are-coming-they-matter-more-than-ever-heres-what-to-expect-51616769819?mod=hp_DAY_Theme_1_3><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The first quarter ends in just a few days. That means more delivery data from auto makers is due. For investors, the figures will be higher stakes than usual. The reason is simple: The global ...</p>\n\n<a href=\"https://www.barrons.com/articles/tesla-deliveries-are-coming-they-matter-more-than-ever-heres-what-to-expect-51616769819?mod=hp_DAY_Theme_1_3\">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.barrons.com/articles/tesla-deliveries-are-coming-they-matter-more-than-ever-heres-what-to-expect-51616769819?mod=hp_DAY_Theme_1_3","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1111192234","content_text":"The first quarter ends in just a few days. That means more delivery data from auto makers is due. For investors, the figures will be higher stakes than usual. The reason is simple: The global automotive microchip shortage is roiling the entire car business.\nNumbers will matter even more for richly valued, high-growth companies such as Tesla(ticker: TSLA). Tesla investors want growth, and the chip situation is squeezing growth. Both General Motors(GM) and Ford Motor(F) have taken unexpected plant downtime recently and have called the chip issue a billion-dollar profit headwind for 2021. That’s not what investors want to hear.\nEveryone is aware of the issue. Still, when first-quarter data is released, investors have to decide whether or not to give Tesla, or any other fast-growing EV maker, a pass if results are weaker than expected.\nSo far the market isn’t feeling charitable. But the sample size is only one stock.\nNIO shares (NIO) are down more than 6% in Friday trading after the EV maker reduced guidance for first-quarter deliveries from about 20,250 cars to about 19,500. NIO management cited the chip shortage and is shutting a manufacturing plant for five days starting March 29.\nFor Tesla, Wall Street is looking for about 162,000 vehicles delivered in March. That’s down from a peak estimate of about 183,000 vehicles. Analysts seem to be reducing numbers, possibly because of the shortage.\nTesla delivered about 181,000 vehicles in the fourth quarter. For the full year 2021, analysts are looking for almost 800,000 vehicle deliveries, up about 60% year over year.\nRBC analyst Joe Spak is forecasting 170,000 first-quarter deliveries, up more than 90% year over year. He also forecasts Tesla will make 96,000 cars in California and 74,000 cars in China during the quarter. “Consensus [estimate] looks mostly reasonable,” wrote Spak in a Thursday report. “We do look for updates to see how the semi shortage is impacting Tesla—as it has the rest of the industry.” He sees some additional downside risk to estimates, especially for second-quarter numbers, because of chips.\nSpak rates Tesla stock Hold and has a $725 price target for shares.\nIn the case of Tesla stock, the chip shortage has taken a back seat to rising interest rates. Rising rateshit growth stocksin two main ways. For starters, it makes growth more expensive to finance. NIO isn’t profitable yet. High-growth companies generate most of their cash flow far in the future. That cash flow is worth a little less, relatively speaking, when investors can earn higher interest rates on their cash today.\nTesla stock is down roughly 10% year to date after rising more than 740% in 2020. Shares are down 0.9% in early Friday trading, at $634.40. The S&P 500is up about 0.7%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":268,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3554958921608603","authorId":"3554958921608603","name":"AS78","avatar":"https://community-static.tradeup.com/news/d392d10a42f496e319268418e7602694","crmLevel":6,"crmLevelSwitch":1,"idStr":"3554958921608603","authorIdStr":"3554958921608603"},"content":"Hi Jimmy, can like my post and comment? Thanks","text":"Hi Jimmy, can like my post and comment? Thanks","html":"Hi Jimmy, can like my post and comment? Thanks"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949629984,"gmtCreate":1678615004049,"gmtModify":1678615008954,"author":{"id":"3574984385549978","authorId":"3574984385549978","name":"JimmyChua","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574984385549978","authorIdStr":"3574984385549978"},"themes":[],"htmlText":"Some mainstream banks may lend to these banks too","listText":"Some mainstream banks may lend to these banks too","text":"Some mainstream banks may lend to these banks too","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":16,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949629984","repostId":"2318857796","repostType":4,"repost":{"id":"2318857796","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1678601805,"share":"https://ttm.financial/m/news/2318857796?lang=&edition=fundamental","pubTime":"2023-03-12 14:16","market":"us","language":"en","title":"20 Banks That Are Sitting on Huge Potential Securities Losses--As Was SVB","url":"https://stock-news.laohu8.com/highlight/detail?id=2318857796","media":"Dow Jones","summary":"SVB Financial Group faced a perfect storm, but there are plenty of other banks that would face big l","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/SIVBO\">SVB Financial Group</a> faced a perfect storm, but there are plenty of other banks that would face big losses if they were forced to dump securities to raise cash</p><p>Silicon Valley Bank has failed following a run on deposits, after its parent company&#39;s share price crashed a record 60% on Thursday.</p><p>Trading of <a href=\"https://laohu8.com/S/SIVBP\">SVB Financial Group</a>&#39;s <a href=\"https://laohu8.com/S/SIVB\">$(SIVB)$</a> stock was halted early Friday, after the shares plunged again in premarket trading. Treasury Secretary Janet Yellen said SVB was one of a few banks she was &#34;monitoring very carefully.&#34; Reaction poured in from several analysts who discussed the bank&#39;s liquidity risk.</p><p>California regulators closed Silicon Valley Bank and handed the wreckage over to the Federal Deposit Insurance Administration later on Friday.</p><p>Below is the same list of 10 banks we highlighted on Thursday that showed similar red flags to those shown by SVB Financial through the fourth quarter. This time, we will show how much they reported in unrealized losses on securities -- an item that played an important role in SVB&#39;s crisis.</p><p>Below that is a screen of U.S. banks with at least $10 billion in total assets, showing those that appeared to have the greatest exposure to unrealized securities losses, as a percentage of total capital, as of Dec. 31.</p><h3>First, a quick look at SVB</h3><p>Some media reports have referred to SVB of Santa Clara, Calif., as a small bank, but it had $212 billion in total assets as of Dec. 31, making it the 17th largest bank in the Russell 3000 Index  as of Dec. 31. That makes it the largest U.S. bank failure since Washington Mutual in 2008.</p><p>One unique aspect of SVB was its decades-long focus on the venture capital industry. The bank&#39;s loan growth had been slowing as interest rates rose. Meanwhile, when announcing its $21 billion dollars in securities sales on Thursday, SVB said it had taken the action not only to lower its interest-rate risk, but because &#34;client cash burn has remained elevated and increased further in February, resulting in lower deposits than forecasted.&#34;</p><p>SVB estimated it would book a $1.8 billion loss on the securities sale and said it would raise $2.25 billion in capital through two offerings of new shares and a convertible bond offering. That offering wasn&#39;t completed.</p><p>So this appears to be an example of what can go wrong with a bank focused on a particular industry. The combination of a balance sheet heavy with securities and relatively light on loans, in a rising-rate environment in which bond prices have declined and in which depositors specific to that industry are themselves suffering from a decline in cash, led to a liquidity problem.</p><h3>Unrealized losses on securities</h3><p>Banks leverage their capital by gathering deposits or borrowing money either to lend the money out or purchase securities. They earn the spread between their average yield on loans and investments and their average cost for funds.</p><p>The securities investments are held in two buckets:</p><p>In its regulatory Consolidated Financial Statements for Holding Companies--FR Y-9C, filed with the Federal Reserve, SVB Financial, reported a negative $1.911 billion in accumulated other comprehensive income as of Dec. 31. That is line 26.b on Schedule HC of the report, for those keeping score at home. You can look up regulatory reports for any U.S. bank holding company, savings and loan holding company or subsidiary institution at the Federal Financial Institution Examination Council&#39;s National Information Center. Be sure to get the name of the company or institution right -- or you may be looking at the wrong entity.</p><p>Here&#39;s how accumulated other comprehensive income (AOCI) is defined in the report: &#34;Includes, but is not limited to, net unrealized holding gains (losses) on available-for-sale securities, accumulated net gains (losses) on cash flow hedges, cumulative foreign currency translation adjustments, and accumulated defined benefit pension and other postretirement plan adjustments.&#34;</p><p>In other words, it was mostly unrealized losses on SVB&#39;s available-for-sale securities. The bank booked an estimated $1.8 billion loss when selling &#34;substantially all&#34; of these securities on March 8.</p><p>The list of 10 banks with unfavorable interest margin trends</p><p>On the regulatory call reports, AOCI is added to regulatory capital. Since SVB&#39;s AOCI was negative (because of its unrealized losses on AFS securities) as of Dec. 31, it lowered the company&#39;s total equity capital. So a fair way to gauge the negative AOCI to the bank&#39;s total equity capital would be to divide the negative AOCI by total equity capital less AOCI -- effectively adding the unrealized losses back to total equity capital for the calculation.</p><p>Getting back to our list of 10 banks that raised similar red margin flags to those of SVB, here&#39;s the same group, in the same order, showing negative AOCI as a percentage of total equity capital as of Dec. 31. We have added SVB to the bottom of the list. The data was provided by FactSet:</p><p><img src=\"https://static.tigerbbs.com/12eb7c2420e69b60c526a6b6ef79626d\" tg-width=\"887\" tg-height=\"715\" width=\"100%\" height=\"auto\"/></p><p>Ally Financial Inc. (ALLY) -- the third largest bank on the list by Dec. 31 total assets -- stands out as having the largest percentage of negative accumulated comprehensive income relative to total equity capital as of Dec. 31.</p><p>To be sure, these numbers don&#39;t mean that a bank is in trouble, or that it will be forced to sell securities for big losses. But SVB had both a troubling pattern for its interest margins and what appeared to be a relatively high percentage of securities losses relative to capital as of Dec. 31.</p><h3>Banks with the highest percentage of negative AOCI to capital</h3><p>There are 108 banks in the Russell 3000 Index  that had total assets of at least $10.0 billion as of Dec. 31. FactSet provided AOCI and total equity capital data for 105 of them. Here are the 20 which had the highest ratios of negative AOCI to total equity capital less AOCI (as explained above) as of Dec. 31:</p><p><img src=\"https://static.tigerbbs.com/8c786a5e88cfaa8510ac5458b4a31b86\" tg-width=\"884\" tg-height=\"618\" width=\"100%\" height=\"auto\"/><img src=\"https://static.tigerbbs.com/6bbd38b51d92ae37f23e7fbff46e9c08\" tg-width=\"879\" tg-height=\"668\" width=\"100%\" height=\"auto\"/>Again, this is not to suggest that any particular bank on this list based on Dec. 31 data is facing the type of perfect storm that has hurt SVB Financial. A bank sitting on large paper losses on its AFS securities may not need to sell them. In fact <a href=\"https://laohu8.com/S/CMA\">Comerica Inc.</a>, which tops the list, also improved its interest margin the most over the past four quarters, as shown here.</p><p>But it is interesting to note that <a href=\"https://laohu8.com/S/SI\">Silvergate Capital Corp.</a>, which focused on serving clients in the virtual currency industry, made the list. It is shuttering its bank subsidiary voluntarily.</p><p>Another bank on the list facing concern among depositors is <a href=\"https://laohu8.com/S/SBNY\">Signature Bank</a> of New York, which has a diverse business model, but has also faced a backlash related to the services it provides to the virtual currency industry. The bank’s shares fell 12% on Thursday and were down another 24% in afternoon trading on Friday.</p><p>Signature Bank said in a statement that it was in a “strong, well-diversified financial position.”</p></body></html>","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>20 Banks That Are Sitting on Huge Potential Securities Losses--As Was SVB</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\">\n20 Banks That Are Sitting on Huge Potential Securities Losses--As Was SVB\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2023-03-12 14:16</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><a href=\"https://laohu8.com/S/SIVBO\">SVB Financial Group</a> faced a perfect storm, but there are plenty of other banks that would face big losses if they were forced to dump securities to raise cash</p><p>Silicon Valley Bank has failed following a run on deposits, after its parent company&#39;s share price crashed a record 60% on Thursday.</p><p>Trading of <a href=\"https://laohu8.com/S/SIVBP\">SVB Financial Group</a>&#39;s <a href=\"https://laohu8.com/S/SIVB\">$(SIVB)$</a> stock was halted early Friday, after the shares plunged again in premarket trading. Treasury Secretary Janet Yellen said SVB was one of a few banks she was &#34;monitoring very carefully.&#34; Reaction poured in from several analysts who discussed the bank&#39;s liquidity risk.</p><p>California regulators closed Silicon Valley Bank and handed the wreckage over to the Federal Deposit Insurance Administration later on Friday.</p><p>Below is the same list of 10 banks we highlighted on Thursday that showed similar red flags to those shown by SVB Financial through the fourth quarter. This time, we will show how much they reported in unrealized losses on securities -- an item that played an important role in SVB&#39;s crisis.</p><p>Below that is a screen of U.S. banks with at least $10 billion in total assets, showing those that appeared to have the greatest exposure to unrealized securities losses, as a percentage of total capital, as of Dec. 31.</p><h3>First, a quick look at SVB</h3><p>Some media reports have referred to SVB of Santa Clara, Calif., as a small bank, but it had $212 billion in total assets as of Dec. 31, making it the 17th largest bank in the Russell 3000 Index  as of Dec. 31. That makes it the largest U.S. bank failure since Washington Mutual in 2008.</p><p>One unique aspect of SVB was its decades-long focus on the venture capital industry. The bank&#39;s loan growth had been slowing as interest rates rose. Meanwhile, when announcing its $21 billion dollars in securities sales on Thursday, SVB said it had taken the action not only to lower its interest-rate risk, but because &#34;client cash burn has remained elevated and increased further in February, resulting in lower deposits than forecasted.&#34;</p><p>SVB estimated it would book a $1.8 billion loss on the securities sale and said it would raise $2.25 billion in capital through two offerings of new shares and a convertible bond offering. That offering wasn&#39;t completed.</p><p>So this appears to be an example of what can go wrong with a bank focused on a particular industry. The combination of a balance sheet heavy with securities and relatively light on loans, in a rising-rate environment in which bond prices have declined and in which depositors specific to that industry are themselves suffering from a decline in cash, led to a liquidity problem.</p><h3>Unrealized losses on securities</h3><p>Banks leverage their capital by gathering deposits or borrowing money either to lend the money out or purchase securities. They earn the spread between their average yield on loans and investments and their average cost for funds.</p><p>The securities investments are held in two buckets:</p><p>In its regulatory Consolidated Financial Statements for Holding Companies--FR Y-9C, filed with the Federal Reserve, SVB Financial, reported a negative $1.911 billion in accumulated other comprehensive income as of Dec. 31. That is line 26.b on Schedule HC of the report, for those keeping score at home. You can look up regulatory reports for any U.S. bank holding company, savings and loan holding company or subsidiary institution at the Federal Financial Institution Examination Council&#39;s National Information Center. Be sure to get the name of the company or institution right -- or you may be looking at the wrong entity.</p><p>Here&#39;s how accumulated other comprehensive income (AOCI) is defined in the report: &#34;Includes, but is not limited to, net unrealized holding gains (losses) on available-for-sale securities, accumulated net gains (losses) on cash flow hedges, cumulative foreign currency translation adjustments, and accumulated defined benefit pension and other postretirement plan adjustments.&#34;</p><p>In other words, it was mostly unrealized losses on SVB&#39;s available-for-sale securities. The bank booked an estimated $1.8 billion loss when selling &#34;substantially all&#34; of these securities on March 8.</p><p>The list of 10 banks with unfavorable interest margin trends</p><p>On the regulatory call reports, AOCI is added to regulatory capital. Since SVB&#39;s AOCI was negative (because of its unrealized losses on AFS securities) as of Dec. 31, it lowered the company&#39;s total equity capital. So a fair way to gauge the negative AOCI to the bank&#39;s total equity capital would be to divide the negative AOCI by total equity capital less AOCI -- effectively adding the unrealized losses back to total equity capital for the calculation.</p><p>Getting back to our list of 10 banks that raised similar red margin flags to those of SVB, here&#39;s the same group, in the same order, showing negative AOCI as a percentage of total equity capital as of Dec. 31. We have added SVB to the bottom of the list. The data was provided by FactSet:</p><p><img src=\"https://static.tigerbbs.com/12eb7c2420e69b60c526a6b6ef79626d\" tg-width=\"887\" tg-height=\"715\" width=\"100%\" height=\"auto\"/></p><p>Ally Financial Inc. (ALLY) -- the third largest bank on the list by Dec. 31 total assets -- stands out as having the largest percentage of negative accumulated comprehensive income relative to total equity capital as of Dec. 31.</p><p>To be sure, these numbers don&#39;t mean that a bank is in trouble, or that it will be forced to sell securities for big losses. But SVB had both a troubling pattern for its interest margins and what appeared to be a relatively high percentage of securities losses relative to capital as of Dec. 31.</p><h3>Banks with the highest percentage of negative AOCI to capital</h3><p>There are 108 banks in the Russell 3000 Index  that had total assets of at least $10.0 billion as of Dec. 31. FactSet provided AOCI and total equity capital data for 105 of them. Here are the 20 which had the highest ratios of negative AOCI to total equity capital less AOCI (as explained above) as of Dec. 31:</p><p><img src=\"https://static.tigerbbs.com/8c786a5e88cfaa8510ac5458b4a31b86\" tg-width=\"884\" tg-height=\"618\" width=\"100%\" height=\"auto\"/><img src=\"https://static.tigerbbs.com/6bbd38b51d92ae37f23e7fbff46e9c08\" tg-width=\"879\" tg-height=\"668\" width=\"100%\" height=\"auto\"/>Again, this is not to suggest that any particular bank on this list based on Dec. 31 data is facing the type of perfect storm that has hurt SVB Financial. A bank sitting on large paper losses on its AFS securities may not need to sell them. In fact <a href=\"https://laohu8.com/S/CMA\">Comerica Inc.</a>, which tops the list, also improved its interest margin the most over the past four quarters, as shown here.</p><p>But it is interesting to note that <a href=\"https://laohu8.com/S/SI\">Silvergate Capital Corp.</a>, which focused on serving clients in the virtual currency industry, made the list. It is shuttering its bank subsidiary voluntarily.</p><p>Another bank on the list facing concern among depositors is <a href=\"https://laohu8.com/S/SBNY\">Signature Bank</a> of New York, which has a diverse business model, but has also faced a backlash related to the services it provides to the virtual currency industry. The bank’s shares fell 12% on Thursday and were down another 24% in afternoon trading on Friday.</p><p>Signature Bank said in a statement that it was in a “strong, well-diversified financial position.”</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4548":"巴美列捷福持仓","ALLY":"Ally Financial Inc.","BK4539":"次新股","BK4191":"家用电器","BK4585":"ETF&股票定投概念","BK4139":"生物科技","BK4007":"制药","BK4211":"区域性银行","BOLT":"Bolt Biotherapeutics, Inc.","CRCT":"Cricut, Inc.","BK4166":"消费信贷","KEY":"KeyCorp","LU0266013472.USD":"AXA WF - Framlington Longevity Economy A Cap USD","LU0390134368.USD":"FRANKLIN GLOBAL GROWTH \"A\" (USD) ACC","BK4588":"碎股","SBNY":"签字银行","BK4561":"索罗斯持仓","LU1861217088.USD":"贝莱德金融科技A2","TERN":"Terns Pharmaceuticals, Inc.","LU1861220207.SGD":"Blackrock FinTech A2 SGD-H"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2318857796","content_text":"SVB Financial Group faced a perfect storm, but there are plenty of other banks that would face big losses if they were forced to dump securities to raise cashSilicon Valley Bank has failed following a run on deposits, after its parent company's share price crashed a record 60% on Thursday.Trading of SVB Financial Group's $(SIVB)$ stock was halted early Friday, after the shares plunged again in premarket trading. Treasury Secretary Janet Yellen said SVB was one of a few banks she was \"monitoring very carefully.\" Reaction poured in from several analysts who discussed the bank's liquidity risk.California regulators closed Silicon Valley Bank and handed the wreckage over to the Federal Deposit Insurance Administration later on Friday.Below is the same list of 10 banks we highlighted on Thursday that showed similar red flags to those shown by SVB Financial through the fourth quarter. This time, we will show how much they reported in unrealized losses on securities -- an item that played an important role in SVB's crisis.Below that is a screen of U.S. banks with at least $10 billion in total assets, showing those that appeared to have the greatest exposure to unrealized securities losses, as a percentage of total capital, as of Dec. 31.First, a quick look at SVBSome media reports have referred to SVB of Santa Clara, Calif., as a small bank, but it had $212 billion in total assets as of Dec. 31, making it the 17th largest bank in the Russell 3000 Index  as of Dec. 31. That makes it the largest U.S. bank failure since Washington Mutual in 2008.One unique aspect of SVB was its decades-long focus on the venture capital industry. The bank's loan growth had been slowing as interest rates rose. Meanwhile, when announcing its $21 billion dollars in securities sales on Thursday, SVB said it had taken the action not only to lower its interest-rate risk, but because \"client cash burn has remained elevated and increased further in February, resulting in lower deposits than forecasted.\"SVB estimated it would book a $1.8 billion loss on the securities sale and said it would raise $2.25 billion in capital through two offerings of new shares and a convertible bond offering. That offering wasn't completed.So this appears to be an example of what can go wrong with a bank focused on a particular industry. The combination of a balance sheet heavy with securities and relatively light on loans, in a rising-rate environment in which bond prices have declined and in which depositors specific to that industry are themselves suffering from a decline in cash, led to a liquidity problem.Unrealized losses on securitiesBanks leverage their capital by gathering deposits or borrowing money either to lend the money out or purchase securities. They earn the spread between their average yield on loans and investments and their average cost for funds.The securities investments are held in two buckets:In its regulatory Consolidated Financial Statements for Holding Companies--FR Y-9C, filed with the Federal Reserve, SVB Financial, reported a negative $1.911 billion in accumulated other comprehensive income as of Dec. 31. That is line 26.b on Schedule HC of the report, for those keeping score at home. You can look up regulatory reports for any U.S. bank holding company, savings and loan holding company or subsidiary institution at the Federal Financial Institution Examination Council's National Information Center. Be sure to get the name of the company or institution right -- or you may be looking at the wrong entity.Here's how accumulated other comprehensive income (AOCI) is defined in the report: \"Includes, but is not limited to, net unrealized holding gains (losses) on available-for-sale securities, accumulated net gains (losses) on cash flow hedges, cumulative foreign currency translation adjustments, and accumulated defined benefit pension and other postretirement plan adjustments.\"In other words, it was mostly unrealized losses on SVB's available-for-sale securities. The bank booked an estimated $1.8 billion loss when selling \"substantially all\" of these securities on March 8.The list of 10 banks with unfavorable interest margin trendsOn the regulatory call reports, AOCI is added to regulatory capital. Since SVB's AOCI was negative (because of its unrealized losses on AFS securities) as of Dec. 31, it lowered the company's total equity capital. So a fair way to gauge the negative AOCI to the bank's total equity capital would be to divide the negative AOCI by total equity capital less AOCI -- effectively adding the unrealized losses back to total equity capital for the calculation.Getting back to our list of 10 banks that raised similar red margin flags to those of SVB, here's the same group, in the same order, showing negative AOCI as a percentage of total equity capital as of Dec. 31. We have added SVB to the bottom of the list. The data was provided by FactSet:Ally Financial Inc. (ALLY) -- the third largest bank on the list by Dec. 31 total assets -- stands out as having the largest percentage of negative accumulated comprehensive income relative to total equity capital as of Dec. 31.To be sure, these numbers don't mean that a bank is in trouble, or that it will be forced to sell securities for big losses. But SVB had both a troubling pattern for its interest margins and what appeared to be a relatively high percentage of securities losses relative to capital as of Dec. 31.Banks with the highest percentage of negative AOCI to capitalThere are 108 banks in the Russell 3000 Index  that had total assets of at least $10.0 billion as of Dec. 31. FactSet provided AOCI and total equity capital data for 105 of them. Here are the 20 which had the highest ratios of negative AOCI to total equity capital less AOCI (as explained above) as of Dec. 31:Again, this is not to suggest that any particular bank on this list based on Dec. 31 data is facing the type of perfect storm that has hurt SVB Financial. A bank sitting on large paper losses on its AFS securities may not need to sell them. In fact Comerica Inc., which tops the list, also improved its interest margin the most over the past four quarters, as shown here.But it is interesting to note that Silvergate Capital Corp., which focused on serving clients in the virtual currency industry, made the list. It is shuttering its bank subsidiary voluntarily.Another bank on the list facing concern among depositors is Signature Bank of New York, which has a diverse business model, but has also faced a backlash related to the services it provides to the virtual currency industry. The bank’s shares fell 12% on Thursday and were down another 24% in afternoon trading on Friday.Signature Bank said in a statement that it was in a “strong, well-diversified financial position.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":138,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":184135692943456,"gmtCreate":1685978845576,"gmtModify":1685978850670,"author":{"id":"3574984385549978","authorId":"3574984385549978","name":"JimmyChua","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574984385549978","authorIdStr":"3574984385549978"},"themes":[],"htmlText":"Thought crypto is decentralised","listText":"Thought crypto is decentralised","text":"Thought crypto is decentralised","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/184135692943456","repostId":"1172565903","repostType":2,"repost":{"id":"1172565903","kind":"news","pubTimestamp":1685978381,"share":"https://ttm.financial/m/news/1172565903?lang=&edition=fundamental","pubTime":"2023-06-05 23:19","language":"en","title":"SEC Sues Binance and CEO Zhao for Breaking US Securities Rules","url":"https://stock-news.laohu8.com/highlight/detail?id=1172565903","media":"Bloomberg","summary":"Binance Holdings Ltd. and its Chief Executive Officer Changpeng Zhao, were accused of breaking US ru","content":"<html><head></head><body><p>Binance Holdings Ltd. and its Chief Executive Officer Changpeng Zhao, were accused of breaking US rules, according to a federal court filing by the Securities and Exchange Commission.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/23695f3d6be52b6eb2e3811b0e2c020c\" alt=\"Changpeng Zhao  Photographer: Zed Jameson/Bloomberg\" title=\"Changpeng Zhao  Photographer: Zed Jameson/Bloomberg\" tg-width=\"1000\" tg-height=\"666\"/><span>Changpeng Zhao  Photographer: Zed Jameson/Bloomberg</span></p></body></html>","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>SEC Sues Binance and CEO Zhao for Breaking US Securities Rules</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\">\nSEC Sues Binance and CEO Zhao for Breaking US Securities Rules\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-06-05 23:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-06-05/sec-sues-binance-and-ceo-zhao-for-breaking-us-securities-rules?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Binance Holdings Ltd. and its Chief Executive Officer Changpeng Zhao, were accused of breaking US rules, according to a federal court filing by the Securities and Exchange Commission.Changpeng Zhao  ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-06-05/sec-sues-binance-and-ceo-zhao-for-breaking-us-securities-rules?srnd=premium\">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/news/articles/2023-06-05/sec-sues-binance-and-ceo-zhao-for-breaking-us-securities-rules?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1172565903","content_text":"Binance Holdings Ltd. and its Chief Executive Officer Changpeng Zhao, were accused of breaking US rules, according to a federal court filing by the Securities and Exchange Commission.Changpeng Zhao  Photographer: Zed Jameson/Bloomberg","news_type":1},"isVote":1,"tweetType":1,"viewCount":354,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3581487542902541","authorId":"3581487542902541","name":"LeonTse","avatar":"https://community-static.tradeup.com/news/f5906955cfbbd703548aa75205eee8bc","crmLevel":2,"crmLevelSwitch":0,"idStr":"3581487542902541","authorIdStr":"3581487542902541"},"content":"They told you so, right? How can you be sure they are?","text":"They told you so, right? How can you be sure they are?","html":"They told you so, right? How can you be sure they are?"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":815189494,"gmtCreate":1630655971418,"gmtModify":1676530367647,"author":{"id":"3574984385549978","authorId":"3574984385549978","name":"JimmyChua","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574984385549978","authorIdStr":"3574984385549978"},"themes":[],"htmlText":"Good luck&nbsp;","listText":"Good luck&nbsp;","text":"Good luck","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/815189494","repostId":"1125740533","repostType":4,"repost":{"id":"1125740533","kind":"news","pubTimestamp":1630654544,"share":"https://ttm.financial/m/news/1125740533?lang=&edition=fundamental","pubTime":"2021-09-03 15:35","market":"us","language":"en","title":"Chinese EV Startup Iconiq Said to Mull $4 Billion U.S. SPAC Deal","url":"https://stock-news.laohu8.com/highlight/detail?id=1125740533","media":"Bloomberg","summary":"Iconiq Motors, a Chinese electric vehicle firm, is considering going public in the U.S. through a me","content":"<p>Iconiq Motors, a Chinese electric vehicle firm, is considering going public in the U.S. through a merger with a blank-check company, according to people familiar with the matter.</p>\n<p>The startup is working with an adviser on a potential deal that could value the combined company at about $4 billion, according to one of the people.</p>\n<p>Iconiq could become publicly traded through the special purpose acquisition company as soon as the end of this year, another person said, asking not to be identified as the details are private.</p>\n<p>Discussions are at an early stage and there is no guarantee that a deal with a SPAC will be reached, the people said. A representative for Iconiq declined to comment.</p>\n<p>Founded in 2016 by Chinese entrepreneur Alan Wu, Iconiq Motors has offices in Tianjin, Shanghai and Dubai according to its&nbsp;website. Its partners include auto supplier Magna Steyr and Microsoft Corp. The company, which targets the high end of the EV market, aims to launch the Iconiq Seven series multi-purpose vehicle by end of 2023. It counts Amer International Group Co. among its investors, according to apress release&nbsp;in March.</p>\n<p>Encouraged by domestic carmakers&nbsp;NIO Inc.and&nbsp;Xpeng Inc.’s successful share sales in the U.S., Chinese EV startups have sought to tap the market there to meet the demands of their capital-intensive manufacturing processes. Acrackdownby Chinese authorities on its companies listing overseas has thrown those plans into doubt, particularly those that collate large amounts of user data, which means they could be subject to reviews before being allowed to go public.</p>\n<p>Tim Hortons China, one of the first firms based in the country to announce a SPAC merger since the crackdown began,said&nbsp;in August that as part of the deal it would create an independent entity incorporated in China to safeguard customer data, a move viewed as a bid to satisfy Chinese regulators. Tims China will not own any equity in the entity and will provide its services to the parent at cost.</p>\n<p>Several EV makers have already gone public through mergers with blank-check firms, including&nbsp;Faraday Future Intelligent Electric Inc.,Canoo Inc.and&nbsp;Fisker Inc.</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>Chinese EV Startup Iconiq Said to Mull $4 Billion U.S. SPAC Deal</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\">\nChinese EV Startup Iconiq Said to Mull $4 Billion U.S. SPAC Deal\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-03 15:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-09-03/chinese-ev-startup-iconiq-said-to-mull-4-billion-u-s-spac-deal><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Iconiq Motors, a Chinese electric vehicle firm, is considering going public in the U.S. through a merger with a blank-check company, according to people familiar with the matter.\nThe startup is ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-09-03/chinese-ev-startup-iconiq-said-to-mull-4-billion-u-s-spac-deal\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XPEV":"小鹏汽车","NIO":"蔚来","FFIE":"Faraday Future","FSR":"菲斯克"},"source_url":"https://www.bloomberg.com/news/articles/2021-09-03/chinese-ev-startup-iconiq-said-to-mull-4-billion-u-s-spac-deal","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1125740533","content_text":"Iconiq Motors, a Chinese electric vehicle firm, is considering going public in the U.S. through a merger with a blank-check company, according to people familiar with the matter.\nThe startup is working with an adviser on a potential deal that could value the combined company at about $4 billion, according to one of the people.\nIconiq could become publicly traded through the special purpose acquisition company as soon as the end of this year, another person said, asking not to be identified as the details are private.\nDiscussions are at an early stage and there is no guarantee that a deal with a SPAC will be reached, the people said. A representative for Iconiq declined to comment.\nFounded in 2016 by Chinese entrepreneur Alan Wu, Iconiq Motors has offices in Tianjin, Shanghai and Dubai according to its website. Its partners include auto supplier Magna Steyr and Microsoft Corp. The company, which targets the high end of the EV market, aims to launch the Iconiq Seven series multi-purpose vehicle by end of 2023. It counts Amer International Group Co. among its investors, according to apress release in March.\nEncouraged by domestic carmakers NIO Inc.and Xpeng Inc.’s successful share sales in the U.S., Chinese EV startups have sought to tap the market there to meet the demands of their capital-intensive manufacturing processes. Acrackdownby Chinese authorities on its companies listing overseas has thrown those plans into doubt, particularly those that collate large amounts of user data, which means they could be subject to reviews before being allowed to go public.\nTim Hortons China, one of the first firms based in the country to announce a SPAC merger since the crackdown began,said in August that as part of the deal it would create an independent entity incorporated in China to safeguard customer data, a move viewed as a bid to satisfy Chinese regulators. Tims China will not own any equity in the entity and will provide its services to the parent at cost.\nSeveral EV makers have already gone public through mergers with blank-check firms, including Faraday Future Intelligent Electric Inc.,Canoo Inc.and Fisker Inc.","news_type":1},"isVote":1,"tweetType":1,"viewCount":170,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":155094821,"gmtCreate":1625362453163,"gmtModify":1703740705326,"author":{"id":"3574984385549978","authorId":"3574984385549978","name":"JimmyChua","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574984385549978","authorIdStr":"3574984385549978"},"themes":[],"htmlText":"Depends on how countries deal with covid n the restrictions they impose","listText":"Depends on how countries deal with covid n the restrictions they impose","text":"Depends on how countries deal with covid n the restrictions they impose","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/155094821","repostId":"1130764181","repostType":4,"repost":{"id":"1130764181","kind":"news","pubTimestamp":1625286741,"share":"https://ttm.financial/m/news/1130764181?lang=&edition=fundamental","pubTime":"2021-07-03 12:32","market":"us","language":"en","title":"Airbnb Stock: Is It A Buy? Here's What Fundamentals, ABNB Stock Chart Action Say","url":"https://stock-news.laohu8.com/highlight/detail?id=1130764181","media":"investors","summary":"Airbnb stock has dazzled investors since its Nasdaq debut in December last year. From its initial pu","content":"<p>Airbnb stock has dazzled investors since its Nasdaq debut in December last year. From its initial public offering price of $68 per share, ABNB stock soared as much as 223%, hitting an all-time high of 219.94 on Feb. 11.</p>\n<p>Airbnb saw a nice reversal on Wednesday, turning an early mild loss into a 4.8% gain in accelerating turnover. That cut the stock's loss for the second quarter to nearly 19%. The stock also retook a key technical level on its chart: the50-day moving average.</p>\n<p>On May 24, the company unveiled more than 100 upgrades \"to refine and improve every aspect of the Airbnb service, from our website and app to our community support and policies,\" Airbnb noted in a news release. Investors liked the news. On May 27, shares surged 6.3% in triple its average volume over the past 50 sessions.</p>\n<p>That helped ABNB stock end a seven-week slump and lodge a 4.2% gain for the week ended May 28. Airbnb powered 7% higher the very next week. And the small size of weekly declines lately adds another hint that institutional investors are feasting on the beaten-down shares.</p>\n<p>On June 21, Airbnb announced that the first house designed by the renowned Catalan architect Antoni Gaudi, Casa Vicens in Barcelona, has been listed on its rental website.</p>\n<p>How would the bears view the action lately?</p>\n<p>One might take the sober view that<b>Airbnb</b>(ABNB) is still attempting a fledgling recovery after falling seven weeks in a row, trying to bottom out after posting Q1 results on May 14.</p>\n<p>Weak action replaced the uptrend, albeit a brief one, that began with a January breakout past a 175.07proper buy pointin anarrow, closet-width IPO base. Some investors may feel some frustration over how ABNB stock has made a full round trip of its gains.</p>\n<p>When a stock gives up a double-digit percentage gain from thebuy point, it triggers adefensive sell signal.</p>\n<p>For now, Airbnb stock has locked current shareholders into a narrowing trading range lately, between 130 and 160.</p>\n<p><b>Airbnb Stock: Is It A Buy Now?</b></p>\n<p>This story analyzes all facets of the innovator in leisure travel in terms of fundamentals, technicals and mutual fund ownership. All of these elements get inputted intoIBD's CAN SLIM methodology, a research-proven seven-point paradigm for successful growth stock investing.</p>\n<p>Notice on a daily chart how the stock is now holding above its21-day exponential moving average— bullish. Also, shares are trying to climb back above the key 50-day line, which has been sliding since mid-April.</p>\n<p>Finally, the 10-day simple moving average is rising for the first time since May. (You can set a 10-day simple moving average and21-day exponential moving averageon adaily chart at MarketSmith.)</p>\n<p>In the first quarter of 2021, San Francisco-based Airbnb reported revenue of $887 million, up 5% vs. a year ago; that marked a four-quarter slump of top-line growth and pounded the FactSet consensus view. The company also noted a 13% year-over-year rise in \"nights and experiences booked\" to 64.4 million. It recorded a net loss of $1.17 billion (-$1.95 a share) vs. a net loss of $341 million in Q1 of 2020 (-$1.30 per share).</p>\n<p>The Street had expected the company to lose $1.19 a share and post $714 million in sales, down 15% vs. a year earlier.</p>\n<p><b>ABNB Analysis: Is Relative Strength On The Mend?</b></p>\n<p>This may confuse some investors: How can a stock like Airbnb show a weakRelative Strength Ratingof 12 (on a scale of 1 to 99) when the stock has already gone up a lot from its initial offering price?</p>\n<p>One reason: ABNB has now traded 6-1/2 months in the public market, but the RS Rating covers 12-month relative price performance. In general, you want to home in on companies that show an RS Rating of 85 or higher. Why? That way you're selecting stocks already showing strength and ranking in the top 15% in terms of stock price strength.</p>\n<p>When it comes to picking high-flying growth stocks, those withsuperior price strengthtend to make new highs, then keep going higher.</p>\n<p>Also, the RS Rating places emphasis on the past three months of action. Since the start of Q2, ABNB stock in fact has fallen sharply. So that underwhelming performance also hurts its relative strength score.</p>\n<p>Keep an eye on theAccumulation/Distribution Rating, too. Right now, Airbnb gets a solid B+ grade on a scale of A to E. This proprietary IBD rating measures the amount of heavy institutional buying vs. selling. A grade of C+ or higher denotes net institutional buying over the past 13 weeks; C- or lower points to net selling.</p>\n<p>If you want a stock that is eagerly getting scooped by mutual funds, banks, college endowments and the like, prefer those with an A or B grade before you buy.</p>\n<p><b>ABNB Stock Fundamentals Today</b></p>\n<p>The San Francisco-based firm's disruptive business model: Allow house and condo owners turn their properties into short-term rentals. The idea has hatched plenty of competitors. Even large hotel chains offer similar properties in addition to their standard lodging accommodations. So, competition is truly fierce. Plus, coronavirus walloped the lodging industry in 2020. No wonder Airbnb's revenue declined in three of its four quarters last year.</p>\n<p>After a nominal pickup in the top line in the first quarter of 2020, Airbnb saw revenues fall 72%, 18% and 22% vs. year-ago levels in Q2, Q3 and Q4, respectively.</p>\n<p>Over that same time frame, Airbnb lost a total $1.74 a share. The company has 608 million shares outstanding.</p>\n<p>Will business improve in 2021?</p>\n<p>Right now, Wall Street thinks Airbnb will keep bleeding red ink, losing another $1.59 a share in 2021. However, the bottom-line consensus estimate for 2022 has turned from a net loss of 26 cents to earnings of 8 cents a share, an encouraging sign.</p>\n<p>Analysts polled by FactSet also see revenue rebounding 271% in the second quarter of this year to $1.24 billion vs. year-ago levels, then gain another 42% to $1.9 billion in Q3.</p>\n<p>So, any fresh positive guidance on both the top and bottom lines could spark renewed buying in Airbnb stock.</p>\n<p>For now, Airbnb's recent 10Earnings Per Share Ratingmeans its profit record in the near and long term is superior to only 10% of all publicly traded companies. In most cases, you'd prefer companies with an EPS score of 80 or higher. The SMR Rating, analyzing sales, profit margins and return on equity, sits at the lowest possible E grade.</p>\n<p><b>The I In CAN SLIM: Institutional Ownership</b></p>\n<p>Fortunately, mutual funds are increasingly accumulating ABNB stock.</p>\n<p>MarketSmith datashows the total number of mutual funds owning a piece of Airbnb has recently hit 734 funds at the end of the first quarter vs. 656 in Q4 2020. Top funds holding a stake include Janus Henderson Enterprise Fund (JANEX), Franklin Growth (FKGRX), MFS Growth (MFEGX) and Barron Asset Retail (BARAX).</p>\n<p>Management owns 1% of the entire company. The float, at 189 million shares, is rising. Yet, this float poses just a fraction of the 608.4 million shares outstanding. So, individual investors should prepare for secondary offerings of closely held shares that could hit the stock in the future.</p>\n<p>While the stock is now forming anew base, a bullish chart pattern has yet to emerge. Plus, the stock still trades more than 30% off its all-time peak of 219.94.</p>\n<p>This means the stock is not in the right position to stage anoutstanding breakout. However, please listen to the end of the June 15IBD Live showbroadcast for suggestions on how a trend line could be drawn on the current chart action; this trend line identifies anaggressive entry point.</p>\n<p>All in all, ABNB stock is not a buy right now. But watch for agreat baseto fully form. Patience could pay off in spades.</p>\n<p></p>","source":"lsy1610449120050","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>Airbnb Stock: Is It A Buy? Here's What Fundamentals, ABNB Stock Chart Action Say</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\">\nAirbnb Stock: Is It A Buy? Here's What Fundamentals, ABNB Stock Chart Action Say\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-03 12:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.investors.com/research/airbnb-abnb-stock-buy-now/?src=A00220><strong>investors</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Airbnb stock has dazzled investors since its Nasdaq debut in December last year. From its initial public offering price of $68 per share, ABNB stock soared as much as 223%, hitting an all-time high of...</p>\n\n<a href=\"https://www.investors.com/research/airbnb-abnb-stock-buy-now/?src=A00220\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ABNB":"爱彼迎"},"source_url":"https://www.investors.com/research/airbnb-abnb-stock-buy-now/?src=A00220","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1130764181","content_text":"Airbnb stock has dazzled investors since its Nasdaq debut in December last year. From its initial public offering price of $68 per share, ABNB stock soared as much as 223%, hitting an all-time high of 219.94 on Feb. 11.\nAirbnb saw a nice reversal on Wednesday, turning an early mild loss into a 4.8% gain in accelerating turnover. That cut the stock's loss for the second quarter to nearly 19%. The stock also retook a key technical level on its chart: the50-day moving average.\nOn May 24, the company unveiled more than 100 upgrades \"to refine and improve every aspect of the Airbnb service, from our website and app to our community support and policies,\" Airbnb noted in a news release. Investors liked the news. On May 27, shares surged 6.3% in triple its average volume over the past 50 sessions.\nThat helped ABNB stock end a seven-week slump and lodge a 4.2% gain for the week ended May 28. Airbnb powered 7% higher the very next week. And the small size of weekly declines lately adds another hint that institutional investors are feasting on the beaten-down shares.\nOn June 21, Airbnb announced that the first house designed by the renowned Catalan architect Antoni Gaudi, Casa Vicens in Barcelona, has been listed on its rental website.\nHow would the bears view the action lately?\nOne might take the sober view thatAirbnb(ABNB) is still attempting a fledgling recovery after falling seven weeks in a row, trying to bottom out after posting Q1 results on May 14.\nWeak action replaced the uptrend, albeit a brief one, that began with a January breakout past a 175.07proper buy pointin anarrow, closet-width IPO base. Some investors may feel some frustration over how ABNB stock has made a full round trip of its gains.\nWhen a stock gives up a double-digit percentage gain from thebuy point, it triggers adefensive sell signal.\nFor now, Airbnb stock has locked current shareholders into a narrowing trading range lately, between 130 and 160.\nAirbnb Stock: Is It A Buy Now?\nThis story analyzes all facets of the innovator in leisure travel in terms of fundamentals, technicals and mutual fund ownership. All of these elements get inputted intoIBD's CAN SLIM methodology, a research-proven seven-point paradigm for successful growth stock investing.\nNotice on a daily chart how the stock is now holding above its21-day exponential moving average— bullish. Also, shares are trying to climb back above the key 50-day line, which has been sliding since mid-April.\nFinally, the 10-day simple moving average is rising for the first time since May. (You can set a 10-day simple moving average and21-day exponential moving averageon adaily chart at MarketSmith.)\nIn the first quarter of 2021, San Francisco-based Airbnb reported revenue of $887 million, up 5% vs. a year ago; that marked a four-quarter slump of top-line growth and pounded the FactSet consensus view. The company also noted a 13% year-over-year rise in \"nights and experiences booked\" to 64.4 million. It recorded a net loss of $1.17 billion (-$1.95 a share) vs. a net loss of $341 million in Q1 of 2020 (-$1.30 per share).\nThe Street had expected the company to lose $1.19 a share and post $714 million in sales, down 15% vs. a year earlier.\nABNB Analysis: Is Relative Strength On The Mend?\nThis may confuse some investors: How can a stock like Airbnb show a weakRelative Strength Ratingof 12 (on a scale of 1 to 99) when the stock has already gone up a lot from its initial offering price?\nOne reason: ABNB has now traded 6-1/2 months in the public market, but the RS Rating covers 12-month relative price performance. In general, you want to home in on companies that show an RS Rating of 85 or higher. Why? That way you're selecting stocks already showing strength and ranking in the top 15% in terms of stock price strength.\nWhen it comes to picking high-flying growth stocks, those withsuperior price strengthtend to make new highs, then keep going higher.\nAlso, the RS Rating places emphasis on the past three months of action. Since the start of Q2, ABNB stock in fact has fallen sharply. So that underwhelming performance also hurts its relative strength score.\nKeep an eye on theAccumulation/Distribution Rating, too. Right now, Airbnb gets a solid B+ grade on a scale of A to E. This proprietary IBD rating measures the amount of heavy institutional buying vs. selling. A grade of C+ or higher denotes net institutional buying over the past 13 weeks; C- or lower points to net selling.\nIf you want a stock that is eagerly getting scooped by mutual funds, banks, college endowments and the like, prefer those with an A or B grade before you buy.\nABNB Stock Fundamentals Today\nThe San Francisco-based firm's disruptive business model: Allow house and condo owners turn their properties into short-term rentals. The idea has hatched plenty of competitors. Even large hotel chains offer similar properties in addition to their standard lodging accommodations. So, competition is truly fierce. Plus, coronavirus walloped the lodging industry in 2020. No wonder Airbnb's revenue declined in three of its four quarters last year.\nAfter a nominal pickup in the top line in the first quarter of 2020, Airbnb saw revenues fall 72%, 18% and 22% vs. year-ago levels in Q2, Q3 and Q4, respectively.\nOver that same time frame, Airbnb lost a total $1.74 a share. The company has 608 million shares outstanding.\nWill business improve in 2021?\nRight now, Wall Street thinks Airbnb will keep bleeding red ink, losing another $1.59 a share in 2021. However, the bottom-line consensus estimate for 2022 has turned from a net loss of 26 cents to earnings of 8 cents a share, an encouraging sign.\nAnalysts polled by FactSet also see revenue rebounding 271% in the second quarter of this year to $1.24 billion vs. year-ago levels, then gain another 42% to $1.9 billion in Q3.\nSo, any fresh positive guidance on both the top and bottom lines could spark renewed buying in Airbnb stock.\nFor now, Airbnb's recent 10Earnings Per Share Ratingmeans its profit record in the near and long term is superior to only 10% of all publicly traded companies. In most cases, you'd prefer companies with an EPS score of 80 or higher. The SMR Rating, analyzing sales, profit margins and return on equity, sits at the lowest possible E grade.\nThe I In CAN SLIM: Institutional Ownership\nFortunately, mutual funds are increasingly accumulating ABNB stock.\nMarketSmith datashows the total number of mutual funds owning a piece of Airbnb has recently hit 734 funds at the end of the first quarter vs. 656 in Q4 2020. Top funds holding a stake include Janus Henderson Enterprise Fund (JANEX), Franklin Growth (FKGRX), MFS Growth (MFEGX) and Barron Asset Retail (BARAX).\nManagement owns 1% of the entire company. The float, at 189 million shares, is rising. Yet, this float poses just a fraction of the 608.4 million shares outstanding. So, individual investors should prepare for secondary offerings of closely held shares that could hit the stock in the future.\nWhile the stock is now forming anew base, a bullish chart pattern has yet to emerge. Plus, the stock still trades more than 30% off its all-time peak of 219.94.\nThis means the stock is not in the right position to stage anoutstanding breakout. However, please listen to the end of the June 15IBD Live showbroadcast for suggestions on how a trend line could be drawn on the current chart action; this trend line identifies anaggressive entry point.\nAll in all, ABNB stock is not a buy right now. But watch for agreat baseto fully form. Patience could pay off in spades.","news_type":1},"isVote":1,"tweetType":1,"viewCount":124,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":137272185,"gmtCreate":1622356429547,"gmtModify":1704183426768,"author":{"id":"3574984385549978","authorId":"3574984385549978","name":"JimmyChua","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574984385549978","authorIdStr":"3574984385549978"},"themes":[],"htmlText":"Can look at Zoom","listText":"Can look at Zoom","text":"Can look at Zoom","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/137272185","repostId":"2138948877","repostType":4,"repost":{"id":"2138948877","kind":"highlight","weMediaInfo":{"introduction":"The leading daily newsletter for the latest financial and business news. 33Yrs Helping Stock Investors with Investing Insights, Tools, News & More.","home_visible":0,"media_name":"Investors","id":"1085713068","head_image":"https://static.tigerbbs.com/608dd68a89ed486e18f64efe3136266c"},"pubTimestamp":1622215813,"share":"https://ttm.financial/m/news/2138948877?lang=&edition=fundamental","pubTime":"2021-05-28 23:30","market":"us","language":"en","title":"The Pandemic May Have Changed Vacations – And Travel Stocks Like Airbnb, Marriott, Winnebago – Forever","url":"https://stock-news.laohu8.com/highlight/detail?id=2138948877","media":"Investors","summary":"Vacation trends reveal shifts toward privacy, luxury and family, continuing a transformative period for leisure and travel stocks.","content":"<p>Your next vacation will likely be more private, luxurious or family oriented than your trips in the past, and business trips may never be the same. For leisure and travel stocks like <b>Airbnb</b> that got slammed by pandemic shutdowns, the lifting of Covid curbs means adjusting to a whole new world.</p><p>Some tastes people acquired last year as they looked for escapes from lockdown are proving durable, like traveling to national parks by RV. Others, such as boating, grew out of surges in wealth that the stock market rally provided. As the summer travel season heats up, Americans are making new choices in where they go, when they go, how they get there and who joins them.</p><p>\"The world is never going back to the way it was,\" said Airbnb CEO Brian Chesky on an earnings call in May. \"And that means that travel is never going back to the way it was either.\"</p><p>One major trend is travelers have become more flexible about when and where they go, especially as remote work allows people to blur when they are on and off the clock. Airbnb stock rose May 24, when the company updated booking features, including an option to search for listings without fixed dates or locations.</p><p>And consumers aren't the only ones changing their habits. While tourism-dependent destinations suffered last year, the less-packed streets also showed locals the benefits of quieter communities.</p><p>Residents and local officials in normally packed hot spots like Italy and Hawaii are considering limiting the number of tourists. Such a seismic change could make visiting these places prohibitively expensive for many people. If the mix of travelers tilts more heavily toward the wealthy, travel stocks will nudge further toward luxury.</p><h2>Leisure, Travel Industry Stocks</h2><p>Shares across the sector have rebounded from last year's pandemic lows. The stocks' recent chart action is mixed. But many travel stocks have outperformed the market the past week and could present buying opportunities for investors.</p><p>Airline stocks&nbsp;like <b>American Airlines</b>, <b>United Airlines</b> and <b>Delta Air Lines</b> surged earlier this year on the Reddit stock short squeeze. Then they sold off because business and overseas travel remained weak. Since then, they've consolidated and are approaching buy points.</p><p>Cruise stocks like <b>Carnival</b>, <b>Royal Caribbean</b> and <b>Norwegian Cruise Line</b> are showing similar patterns.</p><p>Meanwhile, shares of boat makers <b>MarineMax</b> and <b>Brunswick</b> as well as RV makers <b>Winnebago</b> and <b>Thor Industries</b> need to regroup after some failed breakouts. They are no longer in buy zones but could form new bases if earnings and sales growth remain strong.</p><p>Hotel leader <b>Marriott</b> has been less volatile and is forming a base, though earnings and sales have yet to fully recover.</p><p>Airbnb stock has had a more difficult year. It surged after going public in December but began to slump in March as competition from <b><a href=\"https://laohu8.com/S/EXPE\">Expedia</a></b> rival Vrbo rental service reduced the availability of hosts. A mixed Q1 earnings report and the end of a post-IPO lockup period also weighed on Airbnb stock, which popped up 6% Thursday on higher volume but remained 35% off its 2021 high.</p><h2><b>When Luxury Means More Privacy</b></h2><p>Luxury travel, once the purview of only the ultrarich, may have won over those who might have had the means but not the need to travel lavishly. As travelers sought to avoid crowds during the pandemic, those with the means turned to options like private jets.</p><p>Arnie Weissman, editor-in-chief of Travel Weekly, says the pandemic opened luxury travel to a wider customer base. \"Some people developed a taste for it, and it's likely to continue.\"</p><p>Kim-Marie Evans, who writes the blog \"Luxury Travel Moms\" and plans travel for high-net-worth clients, told IBD she booked a trip for a family to Anguilla.</p><p>They stayed in a four-bedroom villa at the Four Seasons. And rather than flying commercially, they used a private jet service.</p><p>Private jet bookings are at or near their pre-pandemic highs, according to Elite Traveler, citing industry tracker FlightAware's data.</p><p>In May, private jet company Wheels Up said membership jumped 58% in Q1 to nearly 10,000. And VistaJet, another leading private jet company, said membership climbed 29% from a year ago.</p><p>Private jet leasing company NetJets, which is owned by <b>Berkshire Hathaway</b>, says its flight volume dropped to as low as 10% of 2019 numbers at the start of the pandemic.</p><p>Now the company, which also offers fractional ownership of its jets, says it's operating at 85% of its 2019 volume. NetJets said in a statement that commercial airlines have reduced their schedules. Consumers also are prioritizing their health and safety, choosing the seclusion of a private jet over a packed jetliner.</p><h2><b>Vacation Shift Favors These Travel Stocks</b></h2><p>Hotel chains implemented stringent Covid-19 protocols to convince visitors their properties were clean and safe. Still, many travelers opted to rent private homes through Airbnb, where they could avoid mingling with strangers in hotel lobbies, Weismann says.</p><p>Travel trends favor Airbnb stock long term, though it currently is slumping. On May 27, analysts at RBC Capital Markets rated shares at outperform, citing secular tailwinds that have yet to be fully appreciated by the market such as its dominant customer engagement.</p><p>The pandemic also shed light on the market potential of travel stocks like Marriott, which operates home-rental service Homes &amp; Villas by Marriott International, catering to ultra premium short- and long-term stays, CFRA Research analyst Tuna Amobi says.</p><p>The Homes &amp; Villas platform, which offers professionally managed private homes, had around 2,000 units at launch less than two years ago. Today, it lists nearly 25,000 properties.</p><p>\"They're where we don't have hotels, and many of them are in more remote locations, which really was quite attractive during Covid,\" said Marriott International President Stephanie Linnartz in a recent call with investors.</p><p>Airbnb also finds that customers are visiting smaller cities, towns and rural communities — not the same 20-30 cities that were most popular pre-pandemic. People are traveling outside the peak seasons and staying longer.</p><p>\"There is a mass shift from mass travel to meaningful travel,\" CEO Chesky said.</p><h2><b>Seaworthy Travel Stocks </b></h2><p>Luxury cruising should also come back with a bang. Nearly every cruise line's around-the-world luxury voyage is fully booked two years in advance.</p><p>One cruise line, Silversea, said its 139-day around-the-world cruise sold out in a single day. The Monaco-based cruise line is owned by Royal Caribbean. The cruise costs between $74,000 and $278,000 per guest, based on double occupancy. That compares with typical fares that start at $15,000-$20,000.</p><p>But others heading out to sea want to avoid crowded ships, which have seen outbreaks of coronavirus and other infections. The National Marine Manufacturers Association says new powerboat sales surged 34% in February compared to the same time period last year.</p><p>\"Inventory levels of new boats are the leanest they've ever been, and boats are being sold as soon as they hit the marketplace as manufacturers work to fulfill the backlog of orders,\" said Vicky Yu, senior director of business intelligence for NMMA. \"While new boat sales slowed in early 2021 following record sales last year, we are still seeing elevated levels as more Americans seek out boating as a way to spend quality time with loved ones.\"</p><p>The trend has pushed up leisure and travel stocks like boat retailers MarineMax and Brunswick&nbsp;as well as sport boat maker <b>Malibu Boats</b>.</p><p>\"It's really turning out to be a great alternative for people to stay close to home and with their family and friends and enjoy the boating lifestyle,\" MarineMax CFO Michael McLamb said in a conference call after reporting earnings April 22.</p><h2><b>Travel Stocks For Being Alone Together</b></h2><p>The desire to spend more time with friends and family is also spurring RV sales. They exploded in popularity during the pandemic, and sales data this year show demand remains high.</p><p>\"The rediscovery of America will continue this summer,\" Weissman said.</p><p>The pandemic accelerated long-term trends favoring the outdoors, Winnebago CEO Michael Happe said in a March earnings call. That includes power sports, boating and RVs.</p><p>Consumer priorities have changed, he added, toward a desire to invest in experiences vs. possessions.</p><p>\"We also believe the time (spent) recently with family and friends has reinforced that they'd like to do more of that in the future,\" Happe said. \"And families and individuals will be reevaluating how they spend their leisure time going forward.\"</p><p>Airbnb pointed to another sign of this trend among leisure and travel stocks. Instead of booking studio apartments in cities, more customers are booking entire homes with more bedrooms. As a result, the number of guests per reservation has increased.</p><h2><b>Work-Life Rebalance</b></h2><p>As people pay closer attention to their well-being post-Covid, another trend to watch is high-end wellness tourism with a focus on fitness, rejuvenation and health, Weissman says. That includes yoga and spa getaways as well as packages that offer cycling and hiking activities.</p><p>Meanwhile, the work-from-home shift allowed people to rethink other aspects of their lifestyle. In particular, they can try to balance work, leisure and travel differently.</p><p>Wedbush analyst James Hardiman says \"2020 was proof of concept that people can be productive, even more productive, while working remotely.\"</p><p>Airbnb says the share of bookings longer than 28 days jumped to 24% in Q1 from 14% in 2019. The company doesn't consider this travel.</p><p>\"People are not just traveling on Airbnb,\" Chesky said. \"They're now living on Airbnb.\"</p><h2>Future Of Business Travel?</h2><p>That also has implications for business travel, which is the most lucrative segment for travel stocks like airlines.</p><p>Experts say fewer workers may fly for <a href=\"https://laohu8.com/S/AONE\">one</a>-day intracompany meetings. However, more crucial business will still require people to fly for in-person meetings.</p><p>When it's time to show up in person, Airbnb expects workers will travel together more often. That trend also has ramifications for Airbnb stock and others. Employees who work in different cities might stay in <a href=\"https://laohu8.com/S/AONE.U\">one</a> house when they visit headquarters. They could share meals together at the kitchen table in the morning or evening.</p><p>That may be a welcome change for road warriors, who pop in an out of cities and squeeze in sightseeing along the way.</p><p>\"They don't miss business travel,\" Chesky said. \"They don't miss standing in line in front of a museum or a landmark … getting a photo with a selfie stick.\"</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>The Pandemic May Have Changed Vacations – And Travel Stocks Like Airbnb, Marriott, Winnebago – Forever</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\">\nThe Pandemic May Have Changed Vacations – And Travel Stocks Like Airbnb, Marriott, Winnebago – Forever\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/608dd68a89ed486e18f64efe3136266c);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Investors </p>\n<p class=\"h-time\">2021-05-28 23:30</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Your next vacation will likely be more private, luxurious or family oriented than your trips in the past, and business trips may never be the same. For leisure and travel stocks like <b>Airbnb</b> that got slammed by pandemic shutdowns, the lifting of Covid curbs means adjusting to a whole new world.</p><p>Some tastes people acquired last year as they looked for escapes from lockdown are proving durable, like traveling to national parks by RV. Others, such as boating, grew out of surges in wealth that the stock market rally provided. As the summer travel season heats up, Americans are making new choices in where they go, when they go, how they get there and who joins them.</p><p>\"The world is never going back to the way it was,\" said Airbnb CEO Brian Chesky on an earnings call in May. \"And that means that travel is never going back to the way it was either.\"</p><p>One major trend is travelers have become more flexible about when and where they go, especially as remote work allows people to blur when they are on and off the clock. Airbnb stock rose May 24, when the company updated booking features, including an option to search for listings without fixed dates or locations.</p><p>And consumers aren't the only ones changing their habits. While tourism-dependent destinations suffered last year, the less-packed streets also showed locals the benefits of quieter communities.</p><p>Residents and local officials in normally packed hot spots like Italy and Hawaii are considering limiting the number of tourists. Such a seismic change could make visiting these places prohibitively expensive for many people. If the mix of travelers tilts more heavily toward the wealthy, travel stocks will nudge further toward luxury.</p><h2>Leisure, Travel Industry Stocks</h2><p>Shares across the sector have rebounded from last year's pandemic lows. The stocks' recent chart action is mixed. But many travel stocks have outperformed the market the past week and could present buying opportunities for investors.</p><p>Airline stocks&nbsp;like <b>American Airlines</b>, <b>United Airlines</b> and <b>Delta Air Lines</b> surged earlier this year on the Reddit stock short squeeze. Then they sold off because business and overseas travel remained weak. Since then, they've consolidated and are approaching buy points.</p><p>Cruise stocks like <b>Carnival</b>, <b>Royal Caribbean</b> and <b>Norwegian Cruise Line</b> are showing similar patterns.</p><p>Meanwhile, shares of boat makers <b>MarineMax</b> and <b>Brunswick</b> as well as RV makers <b>Winnebago</b> and <b>Thor Industries</b> need to regroup after some failed breakouts. They are no longer in buy zones but could form new bases if earnings and sales growth remain strong.</p><p>Hotel leader <b>Marriott</b> has been less volatile and is forming a base, though earnings and sales have yet to fully recover.</p><p>Airbnb stock has had a more difficult year. It surged after going public in December but began to slump in March as competition from <b><a href=\"https://laohu8.com/S/EXPE\">Expedia</a></b> rival Vrbo rental service reduced the availability of hosts. A mixed Q1 earnings report and the end of a post-IPO lockup period also weighed on Airbnb stock, which popped up 6% Thursday on higher volume but remained 35% off its 2021 high.</p><h2><b>When Luxury Means More Privacy</b></h2><p>Luxury travel, once the purview of only the ultrarich, may have won over those who might have had the means but not the need to travel lavishly. As travelers sought to avoid crowds during the pandemic, those with the means turned to options like private jets.</p><p>Arnie Weissman, editor-in-chief of Travel Weekly, says the pandemic opened luxury travel to a wider customer base. \"Some people developed a taste for it, and it's likely to continue.\"</p><p>Kim-Marie Evans, who writes the blog \"Luxury Travel Moms\" and plans travel for high-net-worth clients, told IBD she booked a trip for a family to Anguilla.</p><p>They stayed in a four-bedroom villa at the Four Seasons. And rather than flying commercially, they used a private jet service.</p><p>Private jet bookings are at or near their pre-pandemic highs, according to Elite Traveler, citing industry tracker FlightAware's data.</p><p>In May, private jet company Wheels Up said membership jumped 58% in Q1 to nearly 10,000. And VistaJet, another leading private jet company, said membership climbed 29% from a year ago.</p><p>Private jet leasing company NetJets, which is owned by <b>Berkshire Hathaway</b>, says its flight volume dropped to as low as 10% of 2019 numbers at the start of the pandemic.</p><p>Now the company, which also offers fractional ownership of its jets, says it's operating at 85% of its 2019 volume. NetJets said in a statement that commercial airlines have reduced their schedules. Consumers also are prioritizing their health and safety, choosing the seclusion of a private jet over a packed jetliner.</p><h2><b>Vacation Shift Favors These Travel Stocks</b></h2><p>Hotel chains implemented stringent Covid-19 protocols to convince visitors their properties were clean and safe. Still, many travelers opted to rent private homes through Airbnb, where they could avoid mingling with strangers in hotel lobbies, Weismann says.</p><p>Travel trends favor Airbnb stock long term, though it currently is slumping. On May 27, analysts at RBC Capital Markets rated shares at outperform, citing secular tailwinds that have yet to be fully appreciated by the market such as its dominant customer engagement.</p><p>The pandemic also shed light on the market potential of travel stocks like Marriott, which operates home-rental service Homes &amp; Villas by Marriott International, catering to ultra premium short- and long-term stays, CFRA Research analyst Tuna Amobi says.</p><p>The Homes &amp; Villas platform, which offers professionally managed private homes, had around 2,000 units at launch less than two years ago. Today, it lists nearly 25,000 properties.</p><p>\"They're where we don't have hotels, and many of them are in more remote locations, which really was quite attractive during Covid,\" said Marriott International President Stephanie Linnartz in a recent call with investors.</p><p>Airbnb also finds that customers are visiting smaller cities, towns and rural communities — not the same 20-30 cities that were most popular pre-pandemic. People are traveling outside the peak seasons and staying longer.</p><p>\"There is a mass shift from mass travel to meaningful travel,\" CEO Chesky said.</p><h2><b>Seaworthy Travel Stocks </b></h2><p>Luxury cruising should also come back with a bang. Nearly every cruise line's around-the-world luxury voyage is fully booked two years in advance.</p><p>One cruise line, Silversea, said its 139-day around-the-world cruise sold out in a single day. The Monaco-based cruise line is owned by Royal Caribbean. The cruise costs between $74,000 and $278,000 per guest, based on double occupancy. That compares with typical fares that start at $15,000-$20,000.</p><p>But others heading out to sea want to avoid crowded ships, which have seen outbreaks of coronavirus and other infections. The National Marine Manufacturers Association says new powerboat sales surged 34% in February compared to the same time period last year.</p><p>\"Inventory levels of new boats are the leanest they've ever been, and boats are being sold as soon as they hit the marketplace as manufacturers work to fulfill the backlog of orders,\" said Vicky Yu, senior director of business intelligence for NMMA. \"While new boat sales slowed in early 2021 following record sales last year, we are still seeing elevated levels as more Americans seek out boating as a way to spend quality time with loved ones.\"</p><p>The trend has pushed up leisure and travel stocks like boat retailers MarineMax and Brunswick&nbsp;as well as sport boat maker <b>Malibu Boats</b>.</p><p>\"It's really turning out to be a great alternative for people to stay close to home and with their family and friends and enjoy the boating lifestyle,\" MarineMax CFO Michael McLamb said in a conference call after reporting earnings April 22.</p><h2><b>Travel Stocks For Being Alone Together</b></h2><p>The desire to spend more time with friends and family is also spurring RV sales. They exploded in popularity during the pandemic, and sales data this year show demand remains high.</p><p>\"The rediscovery of America will continue this summer,\" Weissman said.</p><p>The pandemic accelerated long-term trends favoring the outdoors, Winnebago CEO Michael Happe said in a March earnings call. That includes power sports, boating and RVs.</p><p>Consumer priorities have changed, he added, toward a desire to invest in experiences vs. possessions.</p><p>\"We also believe the time (spent) recently with family and friends has reinforced that they'd like to do more of that in the future,\" Happe said. \"And families and individuals will be reevaluating how they spend their leisure time going forward.\"</p><p>Airbnb pointed to another sign of this trend among leisure and travel stocks. Instead of booking studio apartments in cities, more customers are booking entire homes with more bedrooms. As a result, the number of guests per reservation has increased.</p><h2><b>Work-Life Rebalance</b></h2><p>As people pay closer attention to their well-being post-Covid, another trend to watch is high-end wellness tourism with a focus on fitness, rejuvenation and health, Weissman says. That includes yoga and spa getaways as well as packages that offer cycling and hiking activities.</p><p>Meanwhile, the work-from-home shift allowed people to rethink other aspects of their lifestyle. In particular, they can try to balance work, leisure and travel differently.</p><p>Wedbush analyst James Hardiman says \"2020 was proof of concept that people can be productive, even more productive, while working remotely.\"</p><p>Airbnb says the share of bookings longer than 28 days jumped to 24% in Q1 from 14% in 2019. The company doesn't consider this travel.</p><p>\"People are not just traveling on Airbnb,\" Chesky said. \"They're now living on Airbnb.\"</p><h2>Future Of Business Travel?</h2><p>That also has implications for business travel, which is the most lucrative segment for travel stocks like airlines.</p><p>Experts say fewer workers may fly for <a href=\"https://laohu8.com/S/AONE\">one</a>-day intracompany meetings. However, more crucial business will still require people to fly for in-person meetings.</p><p>When it's time to show up in person, Airbnb expects workers will travel together more often. That trend also has ramifications for Airbnb stock and others. Employees who work in different cities might stay in <a href=\"https://laohu8.com/S/AONE.U\">one</a> house when they visit headquarters. They could share meals together at the kitchen table in the morning or evening.</p><p>That may be a welcome change for road warriors, who pop in an out of cities and squeeze in sightseeing along the way.</p><p>\"They don't miss business travel,\" Chesky said. \"They don't miss standing in line in front of a museum or a landmark … getting a photo with a selfie stick.\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WGO":"温尼巴格实业"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2138948877","content_text":"Your next vacation will likely be more private, luxurious or family oriented than your trips in the past, and business trips may never be the same. For leisure and travel stocks like Airbnb that got slammed by pandemic shutdowns, the lifting of Covid curbs means adjusting to a whole new world.Some tastes people acquired last year as they looked for escapes from lockdown are proving durable, like traveling to national parks by RV. Others, such as boating, grew out of surges in wealth that the stock market rally provided. As the summer travel season heats up, Americans are making new choices in where they go, when they go, how they get there and who joins them.\"The world is never going back to the way it was,\" said Airbnb CEO Brian Chesky on an earnings call in May. \"And that means that travel is never going back to the way it was either.\"One major trend is travelers have become more flexible about when and where they go, especially as remote work allows people to blur when they are on and off the clock. Airbnb stock rose May 24, when the company updated booking features, including an option to search for listings without fixed dates or locations.And consumers aren't the only ones changing their habits. While tourism-dependent destinations suffered last year, the less-packed streets also showed locals the benefits of quieter communities.Residents and local officials in normally packed hot spots like Italy and Hawaii are considering limiting the number of tourists. Such a seismic change could make visiting these places prohibitively expensive for many people. If the mix of travelers tilts more heavily toward the wealthy, travel stocks will nudge further toward luxury.Leisure, Travel Industry StocksShares across the sector have rebounded from last year's pandemic lows. The stocks' recent chart action is mixed. But many travel stocks have outperformed the market the past week and could present buying opportunities for investors.Airline stocks like American Airlines, United Airlines and Delta Air Lines surged earlier this year on the Reddit stock short squeeze. Then they sold off because business and overseas travel remained weak. Since then, they've consolidated and are approaching buy points.Cruise stocks like Carnival, Royal Caribbean and Norwegian Cruise Line are showing similar patterns.Meanwhile, shares of boat makers MarineMax and Brunswick as well as RV makers Winnebago and Thor Industries need to regroup after some failed breakouts. They are no longer in buy zones but could form new bases if earnings and sales growth remain strong.Hotel leader Marriott has been less volatile and is forming a base, though earnings and sales have yet to fully recover.Airbnb stock has had a more difficult year. It surged after going public in December but began to slump in March as competition from Expedia rival Vrbo rental service reduced the availability of hosts. A mixed Q1 earnings report and the end of a post-IPO lockup period also weighed on Airbnb stock, which popped up 6% Thursday on higher volume but remained 35% off its 2021 high.When Luxury Means More PrivacyLuxury travel, once the purview of only the ultrarich, may have won over those who might have had the means but not the need to travel lavishly. As travelers sought to avoid crowds during the pandemic, those with the means turned to options like private jets.Arnie Weissman, editor-in-chief of Travel Weekly, says the pandemic opened luxury travel to a wider customer base. \"Some people developed a taste for it, and it's likely to continue.\"Kim-Marie Evans, who writes the blog \"Luxury Travel Moms\" and plans travel for high-net-worth clients, told IBD she booked a trip for a family to Anguilla.They stayed in a four-bedroom villa at the Four Seasons. And rather than flying commercially, they used a private jet service.Private jet bookings are at or near their pre-pandemic highs, according to Elite Traveler, citing industry tracker FlightAware's data.In May, private jet company Wheels Up said membership jumped 58% in Q1 to nearly 10,000. And VistaJet, another leading private jet company, said membership climbed 29% from a year ago.Private jet leasing company NetJets, which is owned by Berkshire Hathaway, says its flight volume dropped to as low as 10% of 2019 numbers at the start of the pandemic.Now the company, which also offers fractional ownership of its jets, says it's operating at 85% of its 2019 volume. NetJets said in a statement that commercial airlines have reduced their schedules. Consumers also are prioritizing their health and safety, choosing the seclusion of a private jet over a packed jetliner.Vacation Shift Favors These Travel StocksHotel chains implemented stringent Covid-19 protocols to convince visitors their properties were clean and safe. Still, many travelers opted to rent private homes through Airbnb, where they could avoid mingling with strangers in hotel lobbies, Weismann says.Travel trends favor Airbnb stock long term, though it currently is slumping. On May 27, analysts at RBC Capital Markets rated shares at outperform, citing secular tailwinds that have yet to be fully appreciated by the market such as its dominant customer engagement.The pandemic also shed light on the market potential of travel stocks like Marriott, which operates home-rental service Homes & Villas by Marriott International, catering to ultra premium short- and long-term stays, CFRA Research analyst Tuna Amobi says.The Homes & Villas platform, which offers professionally managed private homes, had around 2,000 units at launch less than two years ago. Today, it lists nearly 25,000 properties.\"They're where we don't have hotels, and many of them are in more remote locations, which really was quite attractive during Covid,\" said Marriott International President Stephanie Linnartz in a recent call with investors.Airbnb also finds that customers are visiting smaller cities, towns and rural communities — not the same 20-30 cities that were most popular pre-pandemic. People are traveling outside the peak seasons and staying longer.\"There is a mass shift from mass travel to meaningful travel,\" CEO Chesky said.Seaworthy Travel Stocks Luxury cruising should also come back with a bang. Nearly every cruise line's around-the-world luxury voyage is fully booked two years in advance.One cruise line, Silversea, said its 139-day around-the-world cruise sold out in a single day. The Monaco-based cruise line is owned by Royal Caribbean. The cruise costs between $74,000 and $278,000 per guest, based on double occupancy. That compares with typical fares that start at $15,000-$20,000.But others heading out to sea want to avoid crowded ships, which have seen outbreaks of coronavirus and other infections. The National Marine Manufacturers Association says new powerboat sales surged 34% in February compared to the same time period last year.\"Inventory levels of new boats are the leanest they've ever been, and boats are being sold as soon as they hit the marketplace as manufacturers work to fulfill the backlog of orders,\" said Vicky Yu, senior director of business intelligence for NMMA. \"While new boat sales slowed in early 2021 following record sales last year, we are still seeing elevated levels as more Americans seek out boating as a way to spend quality time with loved ones.\"The trend has pushed up leisure and travel stocks like boat retailers MarineMax and Brunswick as well as sport boat maker Malibu Boats.\"It's really turning out to be a great alternative for people to stay close to home and with their family and friends and enjoy the boating lifestyle,\" MarineMax CFO Michael McLamb said in a conference call after reporting earnings April 22.Travel Stocks For Being Alone TogetherThe desire to spend more time with friends and family is also spurring RV sales. They exploded in popularity during the pandemic, and sales data this year show demand remains high.\"The rediscovery of America will continue this summer,\" Weissman said.The pandemic accelerated long-term trends favoring the outdoors, Winnebago CEO Michael Happe said in a March earnings call. That includes power sports, boating and RVs.Consumer priorities have changed, he added, toward a desire to invest in experiences vs. possessions.\"We also believe the time (spent) recently with family and friends has reinforced that they'd like to do more of that in the future,\" Happe said. \"And families and individuals will be reevaluating how they spend their leisure time going forward.\"Airbnb pointed to another sign of this trend among leisure and travel stocks. Instead of booking studio apartments in cities, more customers are booking entire homes with more bedrooms. As a result, the number of guests per reservation has increased.Work-Life RebalanceAs people pay closer attention to their well-being post-Covid, another trend to watch is high-end wellness tourism with a focus on fitness, rejuvenation and health, Weissman says. That includes yoga and spa getaways as well as packages that offer cycling and hiking activities.Meanwhile, the work-from-home shift allowed people to rethink other aspects of their lifestyle. In particular, they can try to balance work, leisure and travel differently.Wedbush analyst James Hardiman says \"2020 was proof of concept that people can be productive, even more productive, while working remotely.\"Airbnb says the share of bookings longer than 28 days jumped to 24% in Q1 from 14% in 2019. The company doesn't consider this travel.\"People are not just traveling on Airbnb,\" Chesky said. \"They're now living on Airbnb.\"Future Of Business Travel?That also has implications for business travel, which is the most lucrative segment for travel stocks like airlines.Experts say fewer workers may fly for one-day intracompany meetings. However, more crucial business will still require people to fly for in-person meetings.When it's time to show up in person, Airbnb expects workers will travel together more often. That trend also has ramifications for Airbnb stock and others. Employees who work in different cities might stay in one house when they visit headquarters. They could share meals together at the kitchen table in the morning or evening.That may be a welcome change for road warriors, who pop in an out of cities and squeeze in sightseeing along the way.\"They don't miss business travel,\" Chesky said. \"They don't miss standing in line in front of a museum or a landmark … getting a photo with a selfie stick.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":284,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":191737955,"gmtCreate":1620906643777,"gmtModify":1704350225338,"author":{"id":"3574984385549978","authorId":"3574984385549978","name":"JimmyChua","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574984385549978","authorIdStr":"3574984385549978"},"themes":[],"htmlText":"It's ok as long as Jack Ma is ok","listText":"It's ok as long as Jack Ma is ok","text":"It's ok as long as Jack Ma is ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/191737955","repostId":"1179179054","repostType":4,"repost":{"id":"1179179054","kind":"news","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":1620905062,"share":"https://ttm.financial/m/news/1179179054?lang=&edition=fundamental","pubTime":"2021-05-13 19:24","market":"hk","language":"en","title":"Alibaba posts loss due to anti-monopoly fine but beats revenue expectations","url":"https://stock-news.laohu8.com/highlight/detail?id=1179179054","media":"Tiger Newspress","summary":" Alibaba Group Holding Limited  today announced its financial results for the quarter and fiscal year ended March 31, 2021.“We surpassed our annual revenue guidance in fiscal year 2021 by achieving strong organic revenue growth of 32% excluding the consolidation of the newly-acquired Sun Art. This was driven by robust performance of our core commerce businesses as well as continued growth of Alibaba Cloud. Our adjusted EBITDA grew 25% year-over-year while we increased investments in new business","content":"<p>(May 13)&nbsp;Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988, “Alibaba” or “Alibaba Group”) today announced its financial results for the quarter and fiscal year ended March 31, 2021.</p><ul><li>Alibaba&nbsp;Q4 Non-GAAP EPS of RMB10.32&nbsp;misses by RMB2.96; GAAP EPS of -RMB1.99.</li><li>Revenue of RMB187.4B (+63.9% Y/Y)beats by RMB6.73B.</li><li>Annual active consumers on our&nbsp;China&nbsp;retail marketplaces was 811 million for the twelve months ended March 31, 2021, an increase of 32 million from the twelve months ended December 31, 2020.</li><li>Mobile MAUs on our&nbsp;China&nbsp;retail marketplaces reached 925 million in March 2021, an increase of 23 million over December 2020.</li><li>“We expect to generate over RMB930 billion in revenue in fiscal year 2022. Given the market potential and our proven profit and cash flow generation capabilities, we plan to use all of our incremental profits and additional capital in fiscal year 2022 to support our merchants and invest into new businesses and key strategic areas that will help us increase consumer wallet share and penetrate into new addressable markets,”&nbsp;said&nbsp;Maggie Wu, Chief Financial Officer of Alibaba Group.</li></ul><p>Alibaba&nbsp;rose 0.05% in premarket trading.<img src=\"https://static.tigerbbs.com/921d78254d608876b280bdeb0de34008\" tg-width=\"766\" tg-height=\"494\" referrerpolicy=\"no-referrer\"></p><p>“Alibaba achieved a historic milestone of one billion annual active consumers globally in the fiscal year ended March 2021,” said Daniel Zhang, Chairman and Chief Executive Officer of Alibaba Group. “Our overall business delivered strong growth on a healthy foundation, with the Alibaba Ecosystem generating a record US$1.2 trillion in GMV during this fiscal year. Such achievements were built on top of clear value propositions that we offer to consumers and merchants. We remain very excited about the growth of China’s consumption economy, which is benefiting from the acceleration of digitalization in all aspects of life and work. We will continue to focus on customer experience and value creation through innovation, as we pursue our mission to make it easy to do business anywhere in the digital era.”</p><p>“We surpassed our annual revenue guidance in fiscal year 2021 by achieving strong organic revenue growth of 32% excluding the consolidation of the newly-acquired Sun Art. This was driven by robust performance of our core commerce businesses as well as continued growth of Alibaba Cloud. Our adjusted EBITDA grew 25% year-over-year while we increased investments in new businesses and key strategic growth areas,” said Maggie Wu, Chief Financial Officer of Alibaba Group. “We expect to generate over RMB930 billion in revenue in fiscal year 2022. Given the market potential and our proven profit and cash flow generation capabilities, we plan to use all of our incremental profits and additional capital in fiscal year 2022 to support our merchants and invest into new businesses and key strategic areas that will help us increase consumer wallet share and penetrate into new addressable markets.”</p><p><b>BUSINESS HIGHLIGHTS</b></p><p><b>In the quarter ended March 31, 2021:</b></p><ul><li><b>Revenue</b>was RMB187,395 million (US$28,602 million), an increase of 64% year-over-year. Excluding the consolidation of Sun Art, our revenue would have grown 40% year-over-year to RMB159,952 million (US$24,413 million).</li><li><b>Annual active consumers</b>on our China retail marketplaces was 811 million for the twelve months ended March 31, 2021, an increase of 32 million from the twelve months ended December 31, 2020.</li><li><b>Mobile MAUs</b>on our China retail marketplaces reached 925 million in March 2021, an increase of 23 million over December 2020.</li><li><b>Loss from operations</b>was RMB7,663 million (US$1,170 million) due to a RMB18,228 million (US$2,782 million) fine levied by China’s State Administration for Market Regulation pursuant to China’s Anti-monopoly Law (the “Anti-monopoly Fine”). Excluding this one-time impact, our income from operations would have been RMB10,565 million (US$1,612 million), an increase of 48% year-over-year.<b>Adjusted EBITDA</b>, a non-GAAP measurement, increased 18% year-over-year to RMB29,898 million (US$4,563 million).<b>Adjusted EBITA</b>, a non-GAAP measurement, increased 14% year-over-year to RMB22,612 million (US$3,451 million).</li><li><b>Net loss attributable to ordinary shareholders</b>was RMB5,479 million (US$836 million),and<b>net loss</b>was RMB7,654 million (US$1,168 million), primarily due to the above-mentioned Anti-monopoly Fine. Excluding this impact and certain other items,<b>non-GAAP net income</b>was RMB26,216 million (US$4,001 million), an increase of 18% year-over-year.</li><li><b>Diluted loss per ADS</b>was RMB1.99 (US$0.30) and<b>diluted loss per share</b>was RMB0.25 (US$0.04 or HK$0.30), primarily due to the above-mentioned Anti-monopoly Fine. Excluding this impact and certain other items,<b>non-GAAP diluted earnings per ADS</b>was RMB10.32 (US$1.58), an increase of 12% year-over-year and<b>non-GAAP diluted earnings per share</b>was RMB1.29 (US$0.20 or HK$1.53), an increase of 12% year-over-year.</li><li><b>Net cash provided by operating activities</b>was RMB24,183 million (US$3,691 million).<b>Non-GAAP free cash flow</b>was an outflow of RMB658 million (US$100 million), compared to an outflow of RMB4,214 million in the same quarter of 2020.</li></ul><p><b>In the fiscal year ended March 31, 2021:</b></p><ul><li><b>Revenue</b>was RMB717,289 million (US$109,480 million), an increase of 41% year-over-year. Excluding the consolidation of Sun Art starting in October 2020, our revenue would have grown 32% year-over-year to RMB674,420 million (US$102,937 million).</li><li><b>Annual active consumers</b>for the Alibaba Ecosystem reached a milestone of over 1 billion, including 891 million consumers across our China retail marketplace, Local Consumer Services and digital media and entertainment platforms, and approximately 240 million consumers outside China. Annual active consumers on our China retail marketplaces was 811 million, an increase of 85 million from the twelve months ended March 31, 2020.</li><li><b>Mobile MAUs</b>on our China retail marketplaces reached 925 million in March 2021, an increase of 79 million over March 2020.</li><li><b>GMV</b>transacted in the Alibaba Ecosystem was RMB8,119 billion (US$1,239 billion) for fiscal year 2021, which mainly included China retail marketplaces GMV of RMB7,494 billion (US$1,144 billion), as well as international retail marketplaces and Local Consumer Services GMV.</li><li><b>Income from operations</b>was RMB89,678 million (US$13,688 million), a decrease of 2% year-over-year, primarily due to the above-mentioned Anti-monopoly Fine as well as a RMB16,054 million increase in share-based compensation expense related to Ant Group share-based awards granted to our employees.<b>Adjusted EBITDA</b>, a non-GAAP measurement, increased 25% year-over-year to RMB196,842 million (US$30,044 million).<b>Adjusted EBITA</b>, a non-GAAP measurement, increased 24% year-over-year to RMB170,453 million (US$26,016 million).</li><li><b>Adjusted EBITA for core commerce</b>was RMB194,512 million (US$29,688 million), an increase of 17% year-over-year. Our<b>marketplace-based core commerce adjusted EBITA</b>, a non-GAAP measurement, increased 17% year-over-year to RMB229,134 million (US$34,973 million). Starting this quarter, for purposes of presenting our marketplace-based core commerce adjusted EBITA, we expanded the list of new initiative businesses that we break out in order to present the progress of our strategic investments as well as the profitability of our marketplace-based core commerce businesses on a like-for-like basis. The new initiative businesses, which now include our New Retail businesses (primarily Freshippo, Tmall Supermarket, Community Marketplaces and Taoxianda), Local Consumer Services, Lazada, Taobao Deals, Cainiao Network, and others, represent strategic areas where we are executing to capture incremental opportunities. Comparative figures are presented in the same manner accordingly.</li><li><b>Net income attributable to ordinary shareholders</b>was RMB150,308 million (US$22,941 million),and<b>net income</b>was RMB143,284 million (US$21,869 million), which reflected the above-mentioned Anti-monopoly Fine and the increase in share-based compensation expense described in “Income from operations” above.Excluding these impacts and certain other items,<b>non-GAAP net income</b>was RMB171,985 million (US$26,250 million), an increase of 30% year-over-year.</li><li><b>Diluted earnings per ADS</b>was RMB54.70 (US$8.35) and<b>diluted earnings per share</b>was RMB6.84 (US$1.04 or HK$8.09), which reflected the above-mentioned Anti-monopoly Fine and the increase in share-based compensation expense described in “Income from operations” above.Excluding these impacts and certain other items,<b>non-GAAP diluted earnings per ADS</b>was RMB65.15 (US$9.94), an increase of 23% year-over-year and<b>non-GAAP diluted earnings per share</b>was RMB8.14 (US$1.24 or HK$9.63), an increase of 23% year-over-year.</li><li><b>Net cash provided by operating activities</b>was RMB231,786 million (US$35,378 million) and<b>non-GAAP free cash flow</b>was RMB172,662 million (US$26,353 million), an increase of 32% year-over-year.</li></ul><p>Reconciliations of GAAP measures to non-GAAP measures presented above are included at the end of this results announcement.</p><p><b>BUSINESS AND STRATEGIC UPDATES</b></p><p><b>Alibaba Ecosystem</b></p><p>Our China consumer-facing businesses include China retail marketplaces, Local Consumer Services and digital media and entertainment platforms, serving the Chinese consumer sector, which is a RMB41.9 trillion (US$6.4 trillion) market for the twelve months ended March 31, 2021, according to the National Bureau of Statistics. Our China consumer-facing businesses served 891 million annual active consumers during the twelve months ended March 31, 2021. Our international retail marketplaces, which include mainly the AliExpress cross-border retail platform and Lazada in Southeast Asia, served approximately 240 million annual active consumers during the same period. Our China and international consumer segments combined to serve over one billion annual active consumers and generated RMB8,119 billion (US$1,239 billion) in GMV.</p><p>Our digital infrastructure, such as smart logistics and cloud computing, which enables and underpins across our platforms to serve our major commerce, local services and entertainment businesses, gives us unique technology-driven capabilities to meet changing consumer demand and help our enterprise customers and partners achieve digital transformation.</p><p><b>Core Commerce</b></p><p><b>China Retail Marketplaces – comprehensive product supply and engaging user experience drive consumer growth and high consumer retention rate</b></p><p><i>Consumers</i></p><p>In March 2021, our China retail marketplaces had 925 million mobile MAUs, representing annual and quarterly net increases of 79 million and 23 million, respectively. There were 811 million annual active consumers on our China retail marketplaces for the twelve months ended March 31, 2021, representing annual and quarterly net increases of 85 million and 32 million, respectively. In fiscal year 2021, approximately 70% of new annual active consumers were from less developed areas.</p><p>In fiscal year 2021, the strong GMV and user growth on our China retail marketplaces reflected our strategic focus on less developed cities and towns and broadening offerings of products and services to meet diverse consumption demand. Overall online physical goods GMV, excluding unpaid orders, grew 21% year-over-year in fiscal year 2021, driven primarily by the fast-moving-consumer-goods (FMCG) and home furnishing categories, and 33% year-over-year in the March quarter, driven primarily by the apparel and home furnishing categories. For the March quarter, Tmall online physical goods GMV, excluding unpaid orders, grew 26% year-over-year and Taobao online physical goods GMV, excluding unpaid orders, grew even faster as SME merchants recovered from the pandemic.</p><p>Our app platforms appeal to a growing and increasingly diverse consumer base at various income levels as well as present different purchase use cases for the same consumer. Taobao Deals (特价版) offers value-for-money products for the price-conscious consumer and achieved rapid growth in fiscal year 2021. Annual active consumers of Taobao Deals reached over 150 million for the twelve months ended March 31, 2021. Taobao Deals continues to be an offering that attracts incremental users especially in less developed areas, and we have seen robust retention rate given its clear value-for-money proposition and its expanding product selections in different categories.</p><p>We also saw increasing engagement of the existing consumer base on our China retail app platforms. The longer a consumer has shopped on our platforms, the more they spend through more orders across more product categories. In fiscal year 2021, average annual spending per consumer on our China retail marketplaces reached over RMB9,200 (US$1,404). Consumers on our China retail marketplaces exhibit high retention across all spending levels.</p><p><i>Product Supply</i></p><p>A key to the success of our business is broadening product supply, including increasing the range of branded and imported products, going upstream to directly source agricultural products and expanding the breadth of selection of value-for-money and long-tail products. Consumption upgrading also helped to drive our business, as more consumers are purchasing from flagship stores of high-end brands and international retailers on our platforms. More than 200 luxury brands and retailers, such as Cartier, Farfetch, Gucci, IWC and Van Cleef &amp; Arpels, operated their flagship stores on our China retail marketplaces, as of March 31, 2021.</p><p><i>Engagement</i></p><p>The Taobao app is the largest social commerce platform in China, offering rich, highly relevant and curated content and features that enable merchants to engage with consumers through live-streaming, short-form videos, interactive games and microblogs. Among these interactive features, livestreaming is one of the fastest growing with significant scale. Taobao Live GMV reached over RMB500 billion (US$76.3 billion) in fiscal year 2021.</p><p><b>New Retail – multi-format New Retail businesses built on an expanding digital supply chain and increasingly diversified fulfilment services</b></p><p>Our New Retail strategy is to develop a digital commerce infrastructure that offers an upgraded consumer experience by seamlessly integrating online and offline. Over the years, we have helped many retailers digitally transform their businesses and created multiple retail formats that have enabled new consumption experiences by leveraging our consumer insights and technology. These New Retail businesses are supported and strengthened by our ecosystem with an expanding supply chain and increasingly diversified fulfilment services.</p><p>Our New Retail commerce infrastructure now offers a full range of high-frequency fulfilment services that include on-demand delivery, same-or-next day delivery and next day pick-up services for a full range of consumable and physical products. We will continue to expand all of these fulfilment services across China to reach and serve even more consumers in both large cities and less developed areas as well as drive higher purchase frequency through more effective cross-selling on our China retail marketplaces.</p><p><i>Community Marketplaces</i>– As part of our latest exploration in New Retail, we started the Community Marketplaces business in select regions in China. Our Community Marketplaces business is supported by our next-day pickup fulfilment services and the supply capabilities of Freshippo, Sun Art and other partners. Given the initial success and long-term growth potential, we established a new business group in early 2021 to consolidate the resources and capabilities of the Alibaba Ecosystem in order to accelerate the growth of our Community Marketplaces business. Our Community Marketplaces are rapidly expanding their logistics and fulfilment infrastructure and aim to achieve broad coverage across mainland China within the next twelve months.</p><p><i>Freshippo</i>– Our self-operated retail chain Freshippo (known as “Hema” in Chinese) continued to execute a multi-format and multi-banner expansion strategy. In fiscal year 2021, Freshippo achieved healthy same-store sales growth, enriched and optimized its product selection and introduced new initiatives to improve customer experience. As of March 31, 2021, we had 257 self-operated Freshippo stores (compared to 202 stores as of March 31, 2020), primarily located in tier-one and tier-two cities throughout China.</p><p><i>Taoxianda</i>– Taoxianda, our online-offline retail integration service solution for FMCG brands and third-party grocery retail partners, puts us at the forefront of transforming the retail industry by digitalizing all aspects of store-based operations. Taoxianda drove Sun Art’s digitalization of its hypermarkets and, along with our other businesses, facilitated the growth of Sun Art’s online revenue. For the twelve months ended March 31, 2021, online revenue represented 24% of Sun Art’s sales of goods, increasing from 17% for the twelve months ended March 31, 2020. As of March 31, 2021, in addition to Sun Art, Taoxianda helped 42 retail chains to open online stores with services available across 145 cities in China and enabled over 168 retail chains, supermarkets and marketplaces to digitalize their marketing program.</p><p><b>Local Consumer Services – Investing for new user acquisition and enhanced consumer experience</b></p><p>In fiscal year 2021, Ele.me continued to improve its merchant supply and operating efficiency, as reflected in the increasing number of merchants, higher portion of GMV from national and regional chains and improved unit economics year-over-year. Building on this progress, starting from the March quarter 2021, Ele.me stepped up its investment in user acquisition as well as user experience enhancement. For example, during the Chinese New Year period Ele.me increased its rider subsidy to address the usual shortage of riders. As a result, Ele.me’s average daily number of paying members continued to grow strongly at approximately 40% year-over-year during the March quarter.</p><p><b>Cainiao Network – improving efficiency across the Alibaba Ecosystem and the logistics industry in China and internationally</b></p><p>Cainiao Network continues to expand both its domestic services and global smart logistics infrastructure by deepening integration with logistics partners as well as offering more products and services. In fiscal year 2021, after elimination of inter-company transactions, Cainiao Network achieved solid revenue growth of 68% year-over-year, to RMB37,258 million (US$5,687 million), representing 5% of our total revenue. Cainiao Network also reached an important milestone of generating positive operating cash flow during fiscal year 2021.</p><p>A key driver of Cainiao Network’s strong financial performance is its global smart logistics infrastructure, which took years of investment to build. This global logistics infrastructure now enjoys increasing adoption of “Fulfilled by Cainiao” services by merchants from our fast growing cross-border businesses, including AliExpress and Tmall Global. Daily package volume on Cainiao Network’s global parcel network for the month ended March 31, 2021 exceeded 5 million.</p><p>In China, Cainiao Network expanded the coverage of Cainiao Post (neighborhood and campus stations and residential self-pick up stations), as well as improved the customer experience of Cainiao Guoguo (crowdsourced parcel pick-up and delivery service). In March 2021, Cainiao Post’s average daily package volume nearly tripled year-over-year.</p><p><b>International – consistent strong growth of Lazada and AliExpress</b></p><p>Our international commerce retail business, mainly including Lazada and AliExpress, grew rapidly to achieve approximately 240 million annual active consumers in the twelve months ended March 31, 2021.</p><p><i>Lazada</i>– Lazada recorded triple-digit year-over-year order growth during the fiscal year and quarter ended March 31, 2021. Lazada continued to focus on investing in technology and logistics to enable merchants to better service consumers. We have seen strong adoption of store operation and business analytics tools by merchants on the Lazada platform, enabling them to achieve scale and GMV growth.</p><p><i>AliExpress</i>– AliExpress is a marketplace for consumers from around the world to buy directly from manufacturers and distributors, mainly from China but also increasingly in consumers’ local markets. AliExpress continued to improve its localization initiatives in the areas of differentiated product offerings and improved local delivery experience, which resulted in robust user and GMV growth in fiscal year 2021.</p><p><b>Cloud Computing</b></p><p>In 2020, Alibaba Group was ranked third globally and first in the Asia Pacific region in the global Infrastructure-as-a-Service market, according to Gartner’s April 2021 report. Alibaba Cloud’s unique advantages are its proprietary technology and Alibaba Group’s continued commitment to invest in research and development in new product offerings and industry-specific solutions for our customers and partners. Highlights of our proprietary technologies in fiscal year 2021 include:</p><ul><li><b>Elastic Computing</b>- In February 2021, Alibaba Cloud launched the 7th generation ECS public cloud server that increases overall computing power by 40%. Built on top of our proprietary X-Dragon architecture, this new generation server offers mission critical security enhancements, which is especially important for customers in the Internet and finance industries that require fail-safe continuous operations and highly secure cloud infrastructure.</li><li><b>Database</b>- Our proprietary technologies have consistently won recognition from leading research and advisory organizations. For example, in December 2020, PolarDB, one of our key database products, won the first prize of the Science and Technology Progress Award of the Chinese Institute of Electronics.</li><li><b>Serverless</b>- In the first quarter of 2021, Forrester recognized Alibaba Function Compute, our suite of serverless products, as a leader in the Function-as-a-Service (FaaS) market given our technological advancements and comprehensive product offerings. Alibaba Cloud is the only cloud vendor in China to be recognized as a FaaS leader.</li></ul><p>In fiscal year 2021, our cloud computing revenue grew 50% year-over-year, to RMB60,120 million (US$9,176 million), primarily driven by growth in revenue from customers in the Internet, public sector and finance industries. In the March 2021 quarter, cloud computing revenue grew 37% year-over-year to RMB16,761 million (US$2,558 million). The slower revenue growth during the quarter was primarily due to revenue decline from a top cloud customer in the Internet industry. This customer, which has a sizeable presence outside of China that used our overseas cloud services in the past, has decided to terminate the relationship with respect to their international business due to non-product related requirements. Excluding this customer, Alibaba Cloud’s top ten non-affiliated customers together accounted for no more than eight percent of Alibaba Cloud’s total revenue in fiscal year 2021. Going forward, we believe that our cloud computing revenue will be further diversified across customers and industries.</p><p><b>Digital Media and Entertainment</b></p><p>During fiscal year 2021, Youku continued to focus on delivering a superior user experience and increasing paying subscribers. Youku’s average daily subscriber base continued to grow at a healthy rate, increasing 35% year-over-year during the fiscal year. The increase in paying subscribers was driven by our offerings of original and exclusive content, our effective targeting of new subscribers and a greater contribution from the 88VIP membership program on our China retail marketplaces. We invested in original and exclusive content while ensuring cost efficiencies and return on investment, which resulted in narrowing annual adjusted EBITA losses year-over-year in fiscal year 2021.</p><p>Despite the challenges imposed by the COVID-19 pandemic on cinemas and live performance industries, Alibaba Pictures significantly narrowed its losses in fiscal year 2021, given successful diversification of its revenue stream beyond film and ticketing business and enhanced operational efficiency of its online ticketing platform (Tao Piao Piao) with lowered sales and marketing expenses. Alibaba Pictures will continue to diversify its businesses to capture revenue opportunities in the entire entertainment value chain, including content development, production, promotion and distribution, as well as IP commercialization. We believe these initiatives will ensure Alibaba Pictures’ long-term growth potential with a diversified revenue stream.</p><p><b>Innovation Initiatives and Others</b></p><p><i>Amap</i><b>–</b>Amap is the largest provider of mobile digital map, navigation and real-time traffic information in China by monthly active users. It leverages big-data enabled digital mapping technology to power major mobile apps across different industries including local services, ride-hailing services and social networking. Amap reached an important milestone of over 100 million average DAUs in the month of April 2021.</p><p><b>Share Repurchases</b></p><p>Pursuant to our share repurchase authorization, for the fiscal year ended March 31, 2021 and through the publication of this results announcement, we repurchased approximately 1.7 million of our ADSs (or approximately 13.6 million of our ordinary shares) for approximately US$371 million under the share repurchase program. As of March 31, 2021, we had approximately 21.7 billion ordinary shares issued and outstanding.</p><p><b>Cash Flow from Operating Activities and Free Cash Flow</b></p><p>In the fiscal year 2021, net cash provided by operating activities was RMB231,786 million (US$35,378 million), an increase of 28% compared to RMB180,607 million in the fiscal year 2020. Free cash flow, a non-GAAP measurement of liquidity, increased by 32% in fiscal year 2021 to RMB172,662 million (US$26,353 million), from RMB130,914 million in fiscal year 2020, mainly due to our profit growth.</p><p>In the quarter ended March 31, 2021, net cash provided by operating activities was RMB24,183 million (US$3,691 million), which includes a net cash inflow of RMB18,796 million (US$2,869 million) in connection with the consumer protection fund deposits received primarily from Tmall merchants, as well as our increased spending for strategic initiatives. Free cash flow, which excluded these deposits and certain other items, was an outflow of RMB658 million (US$100 million) in the quarter ended March 31, 2021, compared to an outflow of RMB4,214 million in the same quarter of 2020. A reconciliation of net cash provided by operating activities to free cash flow is included at the end of this results announcement.</p><p><b>Guidance</b></p><p>The guidance below is a forward-looking statement that reflects assumptions that we believe to be reasonable as of the date of this announcement and involve inherent risks and uncertainties, many of which we are not able to predict or control. Based on our current view of Chinese and global consumption, enterprise digitalization and the competitive landscape, and subject to the uncertainties highlighted under the section entitled “Safe Harbor Statements” below, we expect to generate over RMB930 billion in revenue in fiscal year 2022.</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>Alibaba posts loss due to anti-monopoly fine but beats revenue expectations</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\">\nAlibaba posts loss due to anti-monopoly fine but beats revenue expectations\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\">2021-05-13 19:24</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(May 13)&nbsp;Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988, “Alibaba” or “Alibaba Group”) today announced its financial results for the quarter and fiscal year ended March 31, 2021.</p><ul><li>Alibaba&nbsp;Q4 Non-GAAP EPS of RMB10.32&nbsp;misses by RMB2.96; GAAP EPS of -RMB1.99.</li><li>Revenue of RMB187.4B (+63.9% Y/Y)beats by RMB6.73B.</li><li>Annual active consumers on our&nbsp;China&nbsp;retail marketplaces was 811 million for the twelve months ended March 31, 2021, an increase of 32 million from the twelve months ended December 31, 2020.</li><li>Mobile MAUs on our&nbsp;China&nbsp;retail marketplaces reached 925 million in March 2021, an increase of 23 million over December 2020.</li><li>“We expect to generate over RMB930 billion in revenue in fiscal year 2022. Given the market potential and our proven profit and cash flow generation capabilities, we plan to use all of our incremental profits and additional capital in fiscal year 2022 to support our merchants and invest into new businesses and key strategic areas that will help us increase consumer wallet share and penetrate into new addressable markets,”&nbsp;said&nbsp;Maggie Wu, Chief Financial Officer of Alibaba Group.</li></ul><p>Alibaba&nbsp;rose 0.05% in premarket trading.<img src=\"https://static.tigerbbs.com/921d78254d608876b280bdeb0de34008\" tg-width=\"766\" tg-height=\"494\" referrerpolicy=\"no-referrer\"></p><p>“Alibaba achieved a historic milestone of one billion annual active consumers globally in the fiscal year ended March 2021,” said Daniel Zhang, Chairman and Chief Executive Officer of Alibaba Group. “Our overall business delivered strong growth on a healthy foundation, with the Alibaba Ecosystem generating a record US$1.2 trillion in GMV during this fiscal year. Such achievements were built on top of clear value propositions that we offer to consumers and merchants. We remain very excited about the growth of China’s consumption economy, which is benefiting from the acceleration of digitalization in all aspects of life and work. We will continue to focus on customer experience and value creation through innovation, as we pursue our mission to make it easy to do business anywhere in the digital era.”</p><p>“We surpassed our annual revenue guidance in fiscal year 2021 by achieving strong organic revenue growth of 32% excluding the consolidation of the newly-acquired Sun Art. This was driven by robust performance of our core commerce businesses as well as continued growth of Alibaba Cloud. Our adjusted EBITDA grew 25% year-over-year while we increased investments in new businesses and key strategic growth areas,” said Maggie Wu, Chief Financial Officer of Alibaba Group. “We expect to generate over RMB930 billion in revenue in fiscal year 2022. Given the market potential and our proven profit and cash flow generation capabilities, we plan to use all of our incremental profits and additional capital in fiscal year 2022 to support our merchants and invest into new businesses and key strategic areas that will help us increase consumer wallet share and penetrate into new addressable markets.”</p><p><b>BUSINESS HIGHLIGHTS</b></p><p><b>In the quarter ended March 31, 2021:</b></p><ul><li><b>Revenue</b>was RMB187,395 million (US$28,602 million), an increase of 64% year-over-year. Excluding the consolidation of Sun Art, our revenue would have grown 40% year-over-year to RMB159,952 million (US$24,413 million).</li><li><b>Annual active consumers</b>on our China retail marketplaces was 811 million for the twelve months ended March 31, 2021, an increase of 32 million from the twelve months ended December 31, 2020.</li><li><b>Mobile MAUs</b>on our China retail marketplaces reached 925 million in March 2021, an increase of 23 million over December 2020.</li><li><b>Loss from operations</b>was RMB7,663 million (US$1,170 million) due to a RMB18,228 million (US$2,782 million) fine levied by China’s State Administration for Market Regulation pursuant to China’s Anti-monopoly Law (the “Anti-monopoly Fine”). Excluding this one-time impact, our income from operations would have been RMB10,565 million (US$1,612 million), an increase of 48% year-over-year.<b>Adjusted EBITDA</b>, a non-GAAP measurement, increased 18% year-over-year to RMB29,898 million (US$4,563 million).<b>Adjusted EBITA</b>, a non-GAAP measurement, increased 14% year-over-year to RMB22,612 million (US$3,451 million).</li><li><b>Net loss attributable to ordinary shareholders</b>was RMB5,479 million (US$836 million),and<b>net loss</b>was RMB7,654 million (US$1,168 million), primarily due to the above-mentioned Anti-monopoly Fine. Excluding this impact and certain other items,<b>non-GAAP net income</b>was RMB26,216 million (US$4,001 million), an increase of 18% year-over-year.</li><li><b>Diluted loss per ADS</b>was RMB1.99 (US$0.30) and<b>diluted loss per share</b>was RMB0.25 (US$0.04 or HK$0.30), primarily due to the above-mentioned Anti-monopoly Fine. Excluding this impact and certain other items,<b>non-GAAP diluted earnings per ADS</b>was RMB10.32 (US$1.58), an increase of 12% year-over-year and<b>non-GAAP diluted earnings per share</b>was RMB1.29 (US$0.20 or HK$1.53), an increase of 12% year-over-year.</li><li><b>Net cash provided by operating activities</b>was RMB24,183 million (US$3,691 million).<b>Non-GAAP free cash flow</b>was an outflow of RMB658 million (US$100 million), compared to an outflow of RMB4,214 million in the same quarter of 2020.</li></ul><p><b>In the fiscal year ended March 31, 2021:</b></p><ul><li><b>Revenue</b>was RMB717,289 million (US$109,480 million), an increase of 41% year-over-year. Excluding the consolidation of Sun Art starting in October 2020, our revenue would have grown 32% year-over-year to RMB674,420 million (US$102,937 million).</li><li><b>Annual active consumers</b>for the Alibaba Ecosystem reached a milestone of over 1 billion, including 891 million consumers across our China retail marketplace, Local Consumer Services and digital media and entertainment platforms, and approximately 240 million consumers outside China. Annual active consumers on our China retail marketplaces was 811 million, an increase of 85 million from the twelve months ended March 31, 2020.</li><li><b>Mobile MAUs</b>on our China retail marketplaces reached 925 million in March 2021, an increase of 79 million over March 2020.</li><li><b>GMV</b>transacted in the Alibaba Ecosystem was RMB8,119 billion (US$1,239 billion) for fiscal year 2021, which mainly included China retail marketplaces GMV of RMB7,494 billion (US$1,144 billion), as well as international retail marketplaces and Local Consumer Services GMV.</li><li><b>Income from operations</b>was RMB89,678 million (US$13,688 million), a decrease of 2% year-over-year, primarily due to the above-mentioned Anti-monopoly Fine as well as a RMB16,054 million increase in share-based compensation expense related to Ant Group share-based awards granted to our employees.<b>Adjusted EBITDA</b>, a non-GAAP measurement, increased 25% year-over-year to RMB196,842 million (US$30,044 million).<b>Adjusted EBITA</b>, a non-GAAP measurement, increased 24% year-over-year to RMB170,453 million (US$26,016 million).</li><li><b>Adjusted EBITA for core commerce</b>was RMB194,512 million (US$29,688 million), an increase of 17% year-over-year. Our<b>marketplace-based core commerce adjusted EBITA</b>, a non-GAAP measurement, increased 17% year-over-year to RMB229,134 million (US$34,973 million). Starting this quarter, for purposes of presenting our marketplace-based core commerce adjusted EBITA, we expanded the list of new initiative businesses that we break out in order to present the progress of our strategic investments as well as the profitability of our marketplace-based core commerce businesses on a like-for-like basis. The new initiative businesses, which now include our New Retail businesses (primarily Freshippo, Tmall Supermarket, Community Marketplaces and Taoxianda), Local Consumer Services, Lazada, Taobao Deals, Cainiao Network, and others, represent strategic areas where we are executing to capture incremental opportunities. Comparative figures are presented in the same manner accordingly.</li><li><b>Net income attributable to ordinary shareholders</b>was RMB150,308 million (US$22,941 million),and<b>net income</b>was RMB143,284 million (US$21,869 million), which reflected the above-mentioned Anti-monopoly Fine and the increase in share-based compensation expense described in “Income from operations” above.Excluding these impacts and certain other items,<b>non-GAAP net income</b>was RMB171,985 million (US$26,250 million), an increase of 30% year-over-year.</li><li><b>Diluted earnings per ADS</b>was RMB54.70 (US$8.35) and<b>diluted earnings per share</b>was RMB6.84 (US$1.04 or HK$8.09), which reflected the above-mentioned Anti-monopoly Fine and the increase in share-based compensation expense described in “Income from operations” above.Excluding these impacts and certain other items,<b>non-GAAP diluted earnings per ADS</b>was RMB65.15 (US$9.94), an increase of 23% year-over-year and<b>non-GAAP diluted earnings per share</b>was RMB8.14 (US$1.24 or HK$9.63), an increase of 23% year-over-year.</li><li><b>Net cash provided by operating activities</b>was RMB231,786 million (US$35,378 million) and<b>non-GAAP free cash flow</b>was RMB172,662 million (US$26,353 million), an increase of 32% year-over-year.</li></ul><p>Reconciliations of GAAP measures to non-GAAP measures presented above are included at the end of this results announcement.</p><p><b>BUSINESS AND STRATEGIC UPDATES</b></p><p><b>Alibaba Ecosystem</b></p><p>Our China consumer-facing businesses include China retail marketplaces, Local Consumer Services and digital media and entertainment platforms, serving the Chinese consumer sector, which is a RMB41.9 trillion (US$6.4 trillion) market for the twelve months ended March 31, 2021, according to the National Bureau of Statistics. Our China consumer-facing businesses served 891 million annual active consumers during the twelve months ended March 31, 2021. Our international retail marketplaces, which include mainly the AliExpress cross-border retail platform and Lazada in Southeast Asia, served approximately 240 million annual active consumers during the same period. Our China and international consumer segments combined to serve over one billion annual active consumers and generated RMB8,119 billion (US$1,239 billion) in GMV.</p><p>Our digital infrastructure, such as smart logistics and cloud computing, which enables and underpins across our platforms to serve our major commerce, local services and entertainment businesses, gives us unique technology-driven capabilities to meet changing consumer demand and help our enterprise customers and partners achieve digital transformation.</p><p><b>Core Commerce</b></p><p><b>China Retail Marketplaces – comprehensive product supply and engaging user experience drive consumer growth and high consumer retention rate</b></p><p><i>Consumers</i></p><p>In March 2021, our China retail marketplaces had 925 million mobile MAUs, representing annual and quarterly net increases of 79 million and 23 million, respectively. There were 811 million annual active consumers on our China retail marketplaces for the twelve months ended March 31, 2021, representing annual and quarterly net increases of 85 million and 32 million, respectively. In fiscal year 2021, approximately 70% of new annual active consumers were from less developed areas.</p><p>In fiscal year 2021, the strong GMV and user growth on our China retail marketplaces reflected our strategic focus on less developed cities and towns and broadening offerings of products and services to meet diverse consumption demand. Overall online physical goods GMV, excluding unpaid orders, grew 21% year-over-year in fiscal year 2021, driven primarily by the fast-moving-consumer-goods (FMCG) and home furnishing categories, and 33% year-over-year in the March quarter, driven primarily by the apparel and home furnishing categories. For the March quarter, Tmall online physical goods GMV, excluding unpaid orders, grew 26% year-over-year and Taobao online physical goods GMV, excluding unpaid orders, grew even faster as SME merchants recovered from the pandemic.</p><p>Our app platforms appeal to a growing and increasingly diverse consumer base at various income levels as well as present different purchase use cases for the same consumer. Taobao Deals (特价版) offers value-for-money products for the price-conscious consumer and achieved rapid growth in fiscal year 2021. Annual active consumers of Taobao Deals reached over 150 million for the twelve months ended March 31, 2021. Taobao Deals continues to be an offering that attracts incremental users especially in less developed areas, and we have seen robust retention rate given its clear value-for-money proposition and its expanding product selections in different categories.</p><p>We also saw increasing engagement of the existing consumer base on our China retail app platforms. The longer a consumer has shopped on our platforms, the more they spend through more orders across more product categories. In fiscal year 2021, average annual spending per consumer on our China retail marketplaces reached over RMB9,200 (US$1,404). Consumers on our China retail marketplaces exhibit high retention across all spending levels.</p><p><i>Product Supply</i></p><p>A key to the success of our business is broadening product supply, including increasing the range of branded and imported products, going upstream to directly source agricultural products and expanding the breadth of selection of value-for-money and long-tail products. Consumption upgrading also helped to drive our business, as more consumers are purchasing from flagship stores of high-end brands and international retailers on our platforms. More than 200 luxury brands and retailers, such as Cartier, Farfetch, Gucci, IWC and Van Cleef &amp; Arpels, operated their flagship stores on our China retail marketplaces, as of March 31, 2021.</p><p><i>Engagement</i></p><p>The Taobao app is the largest social commerce platform in China, offering rich, highly relevant and curated content and features that enable merchants to engage with consumers through live-streaming, short-form videos, interactive games and microblogs. Among these interactive features, livestreaming is one of the fastest growing with significant scale. Taobao Live GMV reached over RMB500 billion (US$76.3 billion) in fiscal year 2021.</p><p><b>New Retail – multi-format New Retail businesses built on an expanding digital supply chain and increasingly diversified fulfilment services</b></p><p>Our New Retail strategy is to develop a digital commerce infrastructure that offers an upgraded consumer experience by seamlessly integrating online and offline. Over the years, we have helped many retailers digitally transform their businesses and created multiple retail formats that have enabled new consumption experiences by leveraging our consumer insights and technology. These New Retail businesses are supported and strengthened by our ecosystem with an expanding supply chain and increasingly diversified fulfilment services.</p><p>Our New Retail commerce infrastructure now offers a full range of high-frequency fulfilment services that include on-demand delivery, same-or-next day delivery and next day pick-up services for a full range of consumable and physical products. We will continue to expand all of these fulfilment services across China to reach and serve even more consumers in both large cities and less developed areas as well as drive higher purchase frequency through more effective cross-selling on our China retail marketplaces.</p><p><i>Community Marketplaces</i>– As part of our latest exploration in New Retail, we started the Community Marketplaces business in select regions in China. Our Community Marketplaces business is supported by our next-day pickup fulfilment services and the supply capabilities of Freshippo, Sun Art and other partners. Given the initial success and long-term growth potential, we established a new business group in early 2021 to consolidate the resources and capabilities of the Alibaba Ecosystem in order to accelerate the growth of our Community Marketplaces business. Our Community Marketplaces are rapidly expanding their logistics and fulfilment infrastructure and aim to achieve broad coverage across mainland China within the next twelve months.</p><p><i>Freshippo</i>– Our self-operated retail chain Freshippo (known as “Hema” in Chinese) continued to execute a multi-format and multi-banner expansion strategy. In fiscal year 2021, Freshippo achieved healthy same-store sales growth, enriched and optimized its product selection and introduced new initiatives to improve customer experience. As of March 31, 2021, we had 257 self-operated Freshippo stores (compared to 202 stores as of March 31, 2020), primarily located in tier-one and tier-two cities throughout China.</p><p><i>Taoxianda</i>– Taoxianda, our online-offline retail integration service solution for FMCG brands and third-party grocery retail partners, puts us at the forefront of transforming the retail industry by digitalizing all aspects of store-based operations. Taoxianda drove Sun Art’s digitalization of its hypermarkets and, along with our other businesses, facilitated the growth of Sun Art’s online revenue. For the twelve months ended March 31, 2021, online revenue represented 24% of Sun Art’s sales of goods, increasing from 17% for the twelve months ended March 31, 2020. As of March 31, 2021, in addition to Sun Art, Taoxianda helped 42 retail chains to open online stores with services available across 145 cities in China and enabled over 168 retail chains, supermarkets and marketplaces to digitalize their marketing program.</p><p><b>Local Consumer Services – Investing for new user acquisition and enhanced consumer experience</b></p><p>In fiscal year 2021, Ele.me continued to improve its merchant supply and operating efficiency, as reflected in the increasing number of merchants, higher portion of GMV from national and regional chains and improved unit economics year-over-year. Building on this progress, starting from the March quarter 2021, Ele.me stepped up its investment in user acquisition as well as user experience enhancement. For example, during the Chinese New Year period Ele.me increased its rider subsidy to address the usual shortage of riders. As a result, Ele.me’s average daily number of paying members continued to grow strongly at approximately 40% year-over-year during the March quarter.</p><p><b>Cainiao Network – improving efficiency across the Alibaba Ecosystem and the logistics industry in China and internationally</b></p><p>Cainiao Network continues to expand both its domestic services and global smart logistics infrastructure by deepening integration with logistics partners as well as offering more products and services. In fiscal year 2021, after elimination of inter-company transactions, Cainiao Network achieved solid revenue growth of 68% year-over-year, to RMB37,258 million (US$5,687 million), representing 5% of our total revenue. Cainiao Network also reached an important milestone of generating positive operating cash flow during fiscal year 2021.</p><p>A key driver of Cainiao Network’s strong financial performance is its global smart logistics infrastructure, which took years of investment to build. This global logistics infrastructure now enjoys increasing adoption of “Fulfilled by Cainiao” services by merchants from our fast growing cross-border businesses, including AliExpress and Tmall Global. Daily package volume on Cainiao Network’s global parcel network for the month ended March 31, 2021 exceeded 5 million.</p><p>In China, Cainiao Network expanded the coverage of Cainiao Post (neighborhood and campus stations and residential self-pick up stations), as well as improved the customer experience of Cainiao Guoguo (crowdsourced parcel pick-up and delivery service). In March 2021, Cainiao Post’s average daily package volume nearly tripled year-over-year.</p><p><b>International – consistent strong growth of Lazada and AliExpress</b></p><p>Our international commerce retail business, mainly including Lazada and AliExpress, grew rapidly to achieve approximately 240 million annual active consumers in the twelve months ended March 31, 2021.</p><p><i>Lazada</i>– Lazada recorded triple-digit year-over-year order growth during the fiscal year and quarter ended March 31, 2021. Lazada continued to focus on investing in technology and logistics to enable merchants to better service consumers. We have seen strong adoption of store operation and business analytics tools by merchants on the Lazada platform, enabling them to achieve scale and GMV growth.</p><p><i>AliExpress</i>– AliExpress is a marketplace for consumers from around the world to buy directly from manufacturers and distributors, mainly from China but also increasingly in consumers’ local markets. AliExpress continued to improve its localization initiatives in the areas of differentiated product offerings and improved local delivery experience, which resulted in robust user and GMV growth in fiscal year 2021.</p><p><b>Cloud Computing</b></p><p>In 2020, Alibaba Group was ranked third globally and first in the Asia Pacific region in the global Infrastructure-as-a-Service market, according to Gartner’s April 2021 report. Alibaba Cloud’s unique advantages are its proprietary technology and Alibaba Group’s continued commitment to invest in research and development in new product offerings and industry-specific solutions for our customers and partners. Highlights of our proprietary technologies in fiscal year 2021 include:</p><ul><li><b>Elastic Computing</b>- In February 2021, Alibaba Cloud launched the 7th generation ECS public cloud server that increases overall computing power by 40%. Built on top of our proprietary X-Dragon architecture, this new generation server offers mission critical security enhancements, which is especially important for customers in the Internet and finance industries that require fail-safe continuous operations and highly secure cloud infrastructure.</li><li><b>Database</b>- Our proprietary technologies have consistently won recognition from leading research and advisory organizations. For example, in December 2020, PolarDB, one of our key database products, won the first prize of the Science and Technology Progress Award of the Chinese Institute of Electronics.</li><li><b>Serverless</b>- In the first quarter of 2021, Forrester recognized Alibaba Function Compute, our suite of serverless products, as a leader in the Function-as-a-Service (FaaS) market given our technological advancements and comprehensive product offerings. Alibaba Cloud is the only cloud vendor in China to be recognized as a FaaS leader.</li></ul><p>In fiscal year 2021, our cloud computing revenue grew 50% year-over-year, to RMB60,120 million (US$9,176 million), primarily driven by growth in revenue from customers in the Internet, public sector and finance industries. In the March 2021 quarter, cloud computing revenue grew 37% year-over-year to RMB16,761 million (US$2,558 million). The slower revenue growth during the quarter was primarily due to revenue decline from a top cloud customer in the Internet industry. This customer, which has a sizeable presence outside of China that used our overseas cloud services in the past, has decided to terminate the relationship with respect to their international business due to non-product related requirements. Excluding this customer, Alibaba Cloud’s top ten non-affiliated customers together accounted for no more than eight percent of Alibaba Cloud’s total revenue in fiscal year 2021. Going forward, we believe that our cloud computing revenue will be further diversified across customers and industries.</p><p><b>Digital Media and Entertainment</b></p><p>During fiscal year 2021, Youku continued to focus on delivering a superior user experience and increasing paying subscribers. Youku’s average daily subscriber base continued to grow at a healthy rate, increasing 35% year-over-year during the fiscal year. The increase in paying subscribers was driven by our offerings of original and exclusive content, our effective targeting of new subscribers and a greater contribution from the 88VIP membership program on our China retail marketplaces. We invested in original and exclusive content while ensuring cost efficiencies and return on investment, which resulted in narrowing annual adjusted EBITA losses year-over-year in fiscal year 2021.</p><p>Despite the challenges imposed by the COVID-19 pandemic on cinemas and live performance industries, Alibaba Pictures significantly narrowed its losses in fiscal year 2021, given successful diversification of its revenue stream beyond film and ticketing business and enhanced operational efficiency of its online ticketing platform (Tao Piao Piao) with lowered sales and marketing expenses. Alibaba Pictures will continue to diversify its businesses to capture revenue opportunities in the entire entertainment value chain, including content development, production, promotion and distribution, as well as IP commercialization. We believe these initiatives will ensure Alibaba Pictures’ long-term growth potential with a diversified revenue stream.</p><p><b>Innovation Initiatives and Others</b></p><p><i>Amap</i><b>–</b>Amap is the largest provider of mobile digital map, navigation and real-time traffic information in China by monthly active users. It leverages big-data enabled digital mapping technology to power major mobile apps across different industries including local services, ride-hailing services and social networking. Amap reached an important milestone of over 100 million average DAUs in the month of April 2021.</p><p><b>Share Repurchases</b></p><p>Pursuant to our share repurchase authorization, for the fiscal year ended March 31, 2021 and through the publication of this results announcement, we repurchased approximately 1.7 million of our ADSs (or approximately 13.6 million of our ordinary shares) for approximately US$371 million under the share repurchase program. As of March 31, 2021, we had approximately 21.7 billion ordinary shares issued and outstanding.</p><p><b>Cash Flow from Operating Activities and Free Cash Flow</b></p><p>In the fiscal year 2021, net cash provided by operating activities was RMB231,786 million (US$35,378 million), an increase of 28% compared to RMB180,607 million in the fiscal year 2020. Free cash flow, a non-GAAP measurement of liquidity, increased by 32% in fiscal year 2021 to RMB172,662 million (US$26,353 million), from RMB130,914 million in fiscal year 2020, mainly due to our profit growth.</p><p>In the quarter ended March 31, 2021, net cash provided by operating activities was RMB24,183 million (US$3,691 million), which includes a net cash inflow of RMB18,796 million (US$2,869 million) in connection with the consumer protection fund deposits received primarily from Tmall merchants, as well as our increased spending for strategic initiatives. Free cash flow, which excluded these deposits and certain other items, was an outflow of RMB658 million (US$100 million) in the quarter ended March 31, 2021, compared to an outflow of RMB4,214 million in the same quarter of 2020. A reconciliation of net cash provided by operating activities to free cash flow is included at the end of this results announcement.</p><p><b>Guidance</b></p><p>The guidance below is a forward-looking statement that reflects assumptions that we believe to be reasonable as of the date of this announcement and involve inherent risks and uncertainties, many of which we are not able to predict or control. Based on our current view of Chinese and global consumption, enterprise digitalization and the competitive landscape, and subject to the uncertainties highlighted under the section entitled “Safe Harbor Statements” below, we expect to generate over RMB930 billion in revenue in fiscal year 2022.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-W","BABA":"阿里巴巴"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1179179054","content_text":"(May 13) Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988, “Alibaba” or “Alibaba Group”) today announced its financial results for the quarter and fiscal year ended March 31, 2021.Alibaba Q4 Non-GAAP EPS of RMB10.32 misses by RMB2.96; GAAP EPS of -RMB1.99.Revenue of RMB187.4B (+63.9% Y/Y)beats by RMB6.73B.Annual active consumers on our China retail marketplaces was 811 million for the twelve months ended March 31, 2021, an increase of 32 million from the twelve months ended December 31, 2020.Mobile MAUs on our China retail marketplaces reached 925 million in March 2021, an increase of 23 million over December 2020.“We expect to generate over RMB930 billion in revenue in fiscal year 2022. Given the market potential and our proven profit and cash flow generation capabilities, we plan to use all of our incremental profits and additional capital in fiscal year 2022 to support our merchants and invest into new businesses and key strategic areas that will help us increase consumer wallet share and penetrate into new addressable markets,” said Maggie Wu, Chief Financial Officer of Alibaba Group.Alibaba rose 0.05% in premarket trading.“Alibaba achieved a historic milestone of one billion annual active consumers globally in the fiscal year ended March 2021,” said Daniel Zhang, Chairman and Chief Executive Officer of Alibaba Group. “Our overall business delivered strong growth on a healthy foundation, with the Alibaba Ecosystem generating a record US$1.2 trillion in GMV during this fiscal year. Such achievements were built on top of clear value propositions that we offer to consumers and merchants. We remain very excited about the growth of China’s consumption economy, which is benefiting from the acceleration of digitalization in all aspects of life and work. We will continue to focus on customer experience and value creation through innovation, as we pursue our mission to make it easy to do business anywhere in the digital era.”“We surpassed our annual revenue guidance in fiscal year 2021 by achieving strong organic revenue growth of 32% excluding the consolidation of the newly-acquired Sun Art. This was driven by robust performance of our core commerce businesses as well as continued growth of Alibaba Cloud. Our adjusted EBITDA grew 25% year-over-year while we increased investments in new businesses and key strategic growth areas,” said Maggie Wu, Chief Financial Officer of Alibaba Group. “We expect to generate over RMB930 billion in revenue in fiscal year 2022. Given the market potential and our proven profit and cash flow generation capabilities, we plan to use all of our incremental profits and additional capital in fiscal year 2022 to support our merchants and invest into new businesses and key strategic areas that will help us increase consumer wallet share and penetrate into new addressable markets.”BUSINESS HIGHLIGHTSIn the quarter ended March 31, 2021:Revenuewas RMB187,395 million (US$28,602 million), an increase of 64% year-over-year. Excluding the consolidation of Sun Art, our revenue would have grown 40% year-over-year to RMB159,952 million (US$24,413 million).Annual active consumerson our China retail marketplaces was 811 million for the twelve months ended March 31, 2021, an increase of 32 million from the twelve months ended December 31, 2020.Mobile MAUson our China retail marketplaces reached 925 million in March 2021, an increase of 23 million over December 2020.Loss from operationswas RMB7,663 million (US$1,170 million) due to a RMB18,228 million (US$2,782 million) fine levied by China’s State Administration for Market Regulation pursuant to China’s Anti-monopoly Law (the “Anti-monopoly Fine”). Excluding this one-time impact, our income from operations would have been RMB10,565 million (US$1,612 million), an increase of 48% year-over-year.Adjusted EBITDA, a non-GAAP measurement, increased 18% year-over-year to RMB29,898 million (US$4,563 million).Adjusted EBITA, a non-GAAP measurement, increased 14% year-over-year to RMB22,612 million (US$3,451 million).Net loss attributable to ordinary shareholderswas RMB5,479 million (US$836 million),andnet losswas RMB7,654 million (US$1,168 million), primarily due to the above-mentioned Anti-monopoly Fine. Excluding this impact and certain other items,non-GAAP net incomewas RMB26,216 million (US$4,001 million), an increase of 18% year-over-year.Diluted loss per ADSwas RMB1.99 (US$0.30) anddiluted loss per sharewas RMB0.25 (US$0.04 or HK$0.30), primarily due to the above-mentioned Anti-monopoly Fine. Excluding this impact and certain other items,non-GAAP diluted earnings per ADSwas RMB10.32 (US$1.58), an increase of 12% year-over-year andnon-GAAP diluted earnings per sharewas RMB1.29 (US$0.20 or HK$1.53), an increase of 12% year-over-year.Net cash provided by operating activitieswas RMB24,183 million (US$3,691 million).Non-GAAP free cash flowwas an outflow of RMB658 million (US$100 million), compared to an outflow of RMB4,214 million in the same quarter of 2020.In the fiscal year ended March 31, 2021:Revenuewas RMB717,289 million (US$109,480 million), an increase of 41% year-over-year. Excluding the consolidation of Sun Art starting in October 2020, our revenue would have grown 32% year-over-year to RMB674,420 million (US$102,937 million).Annual active consumersfor the Alibaba Ecosystem reached a milestone of over 1 billion, including 891 million consumers across our China retail marketplace, Local Consumer Services and digital media and entertainment platforms, and approximately 240 million consumers outside China. Annual active consumers on our China retail marketplaces was 811 million, an increase of 85 million from the twelve months ended March 31, 2020.Mobile MAUson our China retail marketplaces reached 925 million in March 2021, an increase of 79 million over March 2020.GMVtransacted in the Alibaba Ecosystem was RMB8,119 billion (US$1,239 billion) for fiscal year 2021, which mainly included China retail marketplaces GMV of RMB7,494 billion (US$1,144 billion), as well as international retail marketplaces and Local Consumer Services GMV.Income from operationswas RMB89,678 million (US$13,688 million), a decrease of 2% year-over-year, primarily due to the above-mentioned Anti-monopoly Fine as well as a RMB16,054 million increase in share-based compensation expense related to Ant Group share-based awards granted to our employees.Adjusted EBITDA, a non-GAAP measurement, increased 25% year-over-year to RMB196,842 million (US$30,044 million).Adjusted EBITA, a non-GAAP measurement, increased 24% year-over-year to RMB170,453 million (US$26,016 million).Adjusted EBITA for core commercewas RMB194,512 million (US$29,688 million), an increase of 17% year-over-year. Ourmarketplace-based core commerce adjusted EBITA, a non-GAAP measurement, increased 17% year-over-year to RMB229,134 million (US$34,973 million). Starting this quarter, for purposes of presenting our marketplace-based core commerce adjusted EBITA, we expanded the list of new initiative businesses that we break out in order to present the progress of our strategic investments as well as the profitability of our marketplace-based core commerce businesses on a like-for-like basis. The new initiative businesses, which now include our New Retail businesses (primarily Freshippo, Tmall Supermarket, Community Marketplaces and Taoxianda), Local Consumer Services, Lazada, Taobao Deals, Cainiao Network, and others, represent strategic areas where we are executing to capture incremental opportunities. Comparative figures are presented in the same manner accordingly.Net income attributable to ordinary shareholderswas RMB150,308 million (US$22,941 million),andnet incomewas RMB143,284 million (US$21,869 million), which reflected the above-mentioned Anti-monopoly Fine and the increase in share-based compensation expense described in “Income from operations” above.Excluding these impacts and certain other items,non-GAAP net incomewas RMB171,985 million (US$26,250 million), an increase of 30% year-over-year.Diluted earnings per ADSwas RMB54.70 (US$8.35) anddiluted earnings per sharewas RMB6.84 (US$1.04 or HK$8.09), which reflected the above-mentioned Anti-monopoly Fine and the increase in share-based compensation expense described in “Income from operations” above.Excluding these impacts and certain other items,non-GAAP diluted earnings per ADSwas RMB65.15 (US$9.94), an increase of 23% year-over-year andnon-GAAP diluted earnings per sharewas RMB8.14 (US$1.24 or HK$9.63), an increase of 23% year-over-year.Net cash provided by operating activitieswas RMB231,786 million (US$35,378 million) andnon-GAAP free cash flowwas RMB172,662 million (US$26,353 million), an increase of 32% year-over-year.Reconciliations of GAAP measures to non-GAAP measures presented above are included at the end of this results announcement.BUSINESS AND STRATEGIC UPDATESAlibaba EcosystemOur China consumer-facing businesses include China retail marketplaces, Local Consumer Services and digital media and entertainment platforms, serving the Chinese consumer sector, which is a RMB41.9 trillion (US$6.4 trillion) market for the twelve months ended March 31, 2021, according to the National Bureau of Statistics. Our China consumer-facing businesses served 891 million annual active consumers during the twelve months ended March 31, 2021. Our international retail marketplaces, which include mainly the AliExpress cross-border retail platform and Lazada in Southeast Asia, served approximately 240 million annual active consumers during the same period. Our China and international consumer segments combined to serve over one billion annual active consumers and generated RMB8,119 billion (US$1,239 billion) in GMV.Our digital infrastructure, such as smart logistics and cloud computing, which enables and underpins across our platforms to serve our major commerce, local services and entertainment businesses, gives us unique technology-driven capabilities to meet changing consumer demand and help our enterprise customers and partners achieve digital transformation.Core CommerceChina Retail Marketplaces – comprehensive product supply and engaging user experience drive consumer growth and high consumer retention rateConsumersIn March 2021, our China retail marketplaces had 925 million mobile MAUs, representing annual and quarterly net increases of 79 million and 23 million, respectively. There were 811 million annual active consumers on our China retail marketplaces for the twelve months ended March 31, 2021, representing annual and quarterly net increases of 85 million and 32 million, respectively. In fiscal year 2021, approximately 70% of new annual active consumers were from less developed areas.In fiscal year 2021, the strong GMV and user growth on our China retail marketplaces reflected our strategic focus on less developed cities and towns and broadening offerings of products and services to meet diverse consumption demand. Overall online physical goods GMV, excluding unpaid orders, grew 21% year-over-year in fiscal year 2021, driven primarily by the fast-moving-consumer-goods (FMCG) and home furnishing categories, and 33% year-over-year in the March quarter, driven primarily by the apparel and home furnishing categories. For the March quarter, Tmall online physical goods GMV, excluding unpaid orders, grew 26% year-over-year and Taobao online physical goods GMV, excluding unpaid orders, grew even faster as SME merchants recovered from the pandemic.Our app platforms appeal to a growing and increasingly diverse consumer base at various income levels as well as present different purchase use cases for the same consumer. Taobao Deals (特价版) offers value-for-money products for the price-conscious consumer and achieved rapid growth in fiscal year 2021. Annual active consumers of Taobao Deals reached over 150 million for the twelve months ended March 31, 2021. Taobao Deals continues to be an offering that attracts incremental users especially in less developed areas, and we have seen robust retention rate given its clear value-for-money proposition and its expanding product selections in different categories.We also saw increasing engagement of the existing consumer base on our China retail app platforms. The longer a consumer has shopped on our platforms, the more they spend through more orders across more product categories. In fiscal year 2021, average annual spending per consumer on our China retail marketplaces reached over RMB9,200 (US$1,404). Consumers on our China retail marketplaces exhibit high retention across all spending levels.Product SupplyA key to the success of our business is broadening product supply, including increasing the range of branded and imported products, going upstream to directly source agricultural products and expanding the breadth of selection of value-for-money and long-tail products. Consumption upgrading also helped to drive our business, as more consumers are purchasing from flagship stores of high-end brands and international retailers on our platforms. More than 200 luxury brands and retailers, such as Cartier, Farfetch, Gucci, IWC and Van Cleef & Arpels, operated their flagship stores on our China retail marketplaces, as of March 31, 2021.EngagementThe Taobao app is the largest social commerce platform in China, offering rich, highly relevant and curated content and features that enable merchants to engage with consumers through live-streaming, short-form videos, interactive games and microblogs. Among these interactive features, livestreaming is one of the fastest growing with significant scale. Taobao Live GMV reached over RMB500 billion (US$76.3 billion) in fiscal year 2021.New Retail – multi-format New Retail businesses built on an expanding digital supply chain and increasingly diversified fulfilment servicesOur New Retail strategy is to develop a digital commerce infrastructure that offers an upgraded consumer experience by seamlessly integrating online and offline. Over the years, we have helped many retailers digitally transform their businesses and created multiple retail formats that have enabled new consumption experiences by leveraging our consumer insights and technology. These New Retail businesses are supported and strengthened by our ecosystem with an expanding supply chain and increasingly diversified fulfilment services.Our New Retail commerce infrastructure now offers a full range of high-frequency fulfilment services that include on-demand delivery, same-or-next day delivery and next day pick-up services for a full range of consumable and physical products. We will continue to expand all of these fulfilment services across China to reach and serve even more consumers in both large cities and less developed areas as well as drive higher purchase frequency through more effective cross-selling on our China retail marketplaces.Community Marketplaces– As part of our latest exploration in New Retail, we started the Community Marketplaces business in select regions in China. Our Community Marketplaces business is supported by our next-day pickup fulfilment services and the supply capabilities of Freshippo, Sun Art and other partners. Given the initial success and long-term growth potential, we established a new business group in early 2021 to consolidate the resources and capabilities of the Alibaba Ecosystem in order to accelerate the growth of our Community Marketplaces business. Our Community Marketplaces are rapidly expanding their logistics and fulfilment infrastructure and aim to achieve broad coverage across mainland China within the next twelve months.Freshippo– Our self-operated retail chain Freshippo (known as “Hema” in Chinese) continued to execute a multi-format and multi-banner expansion strategy. In fiscal year 2021, Freshippo achieved healthy same-store sales growth, enriched and optimized its product selection and introduced new initiatives to improve customer experience. As of March 31, 2021, we had 257 self-operated Freshippo stores (compared to 202 stores as of March 31, 2020), primarily located in tier-one and tier-two cities throughout China.Taoxianda– Taoxianda, our online-offline retail integration service solution for FMCG brands and third-party grocery retail partners, puts us at the forefront of transforming the retail industry by digitalizing all aspects of store-based operations. Taoxianda drove Sun Art’s digitalization of its hypermarkets and, along with our other businesses, facilitated the growth of Sun Art’s online revenue. For the twelve months ended March 31, 2021, online revenue represented 24% of Sun Art’s sales of goods, increasing from 17% for the twelve months ended March 31, 2020. As of March 31, 2021, in addition to Sun Art, Taoxianda helped 42 retail chains to open online stores with services available across 145 cities in China and enabled over 168 retail chains, supermarkets and marketplaces to digitalize their marketing program.Local Consumer Services – Investing for new user acquisition and enhanced consumer experienceIn fiscal year 2021, Ele.me continued to improve its merchant supply and operating efficiency, as reflected in the increasing number of merchants, higher portion of GMV from national and regional chains and improved unit economics year-over-year. Building on this progress, starting from the March quarter 2021, Ele.me stepped up its investment in user acquisition as well as user experience enhancement. For example, during the Chinese New Year period Ele.me increased its rider subsidy to address the usual shortage of riders. As a result, Ele.me’s average daily number of paying members continued to grow strongly at approximately 40% year-over-year during the March quarter.Cainiao Network – improving efficiency across the Alibaba Ecosystem and the logistics industry in China and internationallyCainiao Network continues to expand both its domestic services and global smart logistics infrastructure by deepening integration with logistics partners as well as offering more products and services. In fiscal year 2021, after elimination of inter-company transactions, Cainiao Network achieved solid revenue growth of 68% year-over-year, to RMB37,258 million (US$5,687 million), representing 5% of our total revenue. Cainiao Network also reached an important milestone of generating positive operating cash flow during fiscal year 2021.A key driver of Cainiao Network’s strong financial performance is its global smart logistics infrastructure, which took years of investment to build. This global logistics infrastructure now enjoys increasing adoption of “Fulfilled by Cainiao” services by merchants from our fast growing cross-border businesses, including AliExpress and Tmall Global. Daily package volume on Cainiao Network’s global parcel network for the month ended March 31, 2021 exceeded 5 million.In China, Cainiao Network expanded the coverage of Cainiao Post (neighborhood and campus stations and residential self-pick up stations), as well as improved the customer experience of Cainiao Guoguo (crowdsourced parcel pick-up and delivery service). In March 2021, Cainiao Post’s average daily package volume nearly tripled year-over-year.International – consistent strong growth of Lazada and AliExpressOur international commerce retail business, mainly including Lazada and AliExpress, grew rapidly to achieve approximately 240 million annual active consumers in the twelve months ended March 31, 2021.Lazada– Lazada recorded triple-digit year-over-year order growth during the fiscal year and quarter ended March 31, 2021. Lazada continued to focus on investing in technology and logistics to enable merchants to better service consumers. We have seen strong adoption of store operation and business analytics tools by merchants on the Lazada platform, enabling them to achieve scale and GMV growth.AliExpress– AliExpress is a marketplace for consumers from around the world to buy directly from manufacturers and distributors, mainly from China but also increasingly in consumers’ local markets. AliExpress continued to improve its localization initiatives in the areas of differentiated product offerings and improved local delivery experience, which resulted in robust user and GMV growth in fiscal year 2021.Cloud ComputingIn 2020, Alibaba Group was ranked third globally and first in the Asia Pacific region in the global Infrastructure-as-a-Service market, according to Gartner’s April 2021 report. Alibaba Cloud’s unique advantages are its proprietary technology and Alibaba Group’s continued commitment to invest in research and development in new product offerings and industry-specific solutions for our customers and partners. Highlights of our proprietary technologies in fiscal year 2021 include:Elastic Computing- In February 2021, Alibaba Cloud launched the 7th generation ECS public cloud server that increases overall computing power by 40%. Built on top of our proprietary X-Dragon architecture, this new generation server offers mission critical security enhancements, which is especially important for customers in the Internet and finance industries that require fail-safe continuous operations and highly secure cloud infrastructure.Database- Our proprietary technologies have consistently won recognition from leading research and advisory organizations. For example, in December 2020, PolarDB, one of our key database products, won the first prize of the Science and Technology Progress Award of the Chinese Institute of Electronics.Serverless- In the first quarter of 2021, Forrester recognized Alibaba Function Compute, our suite of serverless products, as a leader in the Function-as-a-Service (FaaS) market given our technological advancements and comprehensive product offerings. Alibaba Cloud is the only cloud vendor in China to be recognized as a FaaS leader.In fiscal year 2021, our cloud computing revenue grew 50% year-over-year, to RMB60,120 million (US$9,176 million), primarily driven by growth in revenue from customers in the Internet, public sector and finance industries. In the March 2021 quarter, cloud computing revenue grew 37% year-over-year to RMB16,761 million (US$2,558 million). The slower revenue growth during the quarter was primarily due to revenue decline from a top cloud customer in the Internet industry. This customer, which has a sizeable presence outside of China that used our overseas cloud services in the past, has decided to terminate the relationship with respect to their international business due to non-product related requirements. Excluding this customer, Alibaba Cloud’s top ten non-affiliated customers together accounted for no more than eight percent of Alibaba Cloud’s total revenue in fiscal year 2021. Going forward, we believe that our cloud computing revenue will be further diversified across customers and industries.Digital Media and EntertainmentDuring fiscal year 2021, Youku continued to focus on delivering a superior user experience and increasing paying subscribers. Youku’s average daily subscriber base continued to grow at a healthy rate, increasing 35% year-over-year during the fiscal year. The increase in paying subscribers was driven by our offerings of original and exclusive content, our effective targeting of new subscribers and a greater contribution from the 88VIP membership program on our China retail marketplaces. We invested in original and exclusive content while ensuring cost efficiencies and return on investment, which resulted in narrowing annual adjusted EBITA losses year-over-year in fiscal year 2021.Despite the challenges imposed by the COVID-19 pandemic on cinemas and live performance industries, Alibaba Pictures significantly narrowed its losses in fiscal year 2021, given successful diversification of its revenue stream beyond film and ticketing business and enhanced operational efficiency of its online ticketing platform (Tao Piao Piao) with lowered sales and marketing expenses. Alibaba Pictures will continue to diversify its businesses to capture revenue opportunities in the entire entertainment value chain, including content development, production, promotion and distribution, as well as IP commercialization. We believe these initiatives will ensure Alibaba Pictures’ long-term growth potential with a diversified revenue stream.Innovation Initiatives and OthersAmap–Amap is the largest provider of mobile digital map, navigation and real-time traffic information in China by monthly active users. It leverages big-data enabled digital mapping technology to power major mobile apps across different industries including local services, ride-hailing services and social networking. Amap reached an important milestone of over 100 million average DAUs in the month of April 2021.Share RepurchasesPursuant to our share repurchase authorization, for the fiscal year ended March 31, 2021 and through the publication of this results announcement, we repurchased approximately 1.7 million of our ADSs (or approximately 13.6 million of our ordinary shares) for approximately US$371 million under the share repurchase program. As of March 31, 2021, we had approximately 21.7 billion ordinary shares issued and outstanding.Cash Flow from Operating Activities and Free Cash FlowIn the fiscal year 2021, net cash provided by operating activities was RMB231,786 million (US$35,378 million), an increase of 28% compared to RMB180,607 million in the fiscal year 2020. Free cash flow, a non-GAAP measurement of liquidity, increased by 32% in fiscal year 2021 to RMB172,662 million (US$26,353 million), from RMB130,914 million in fiscal year 2020, mainly due to our profit growth.In the quarter ended March 31, 2021, net cash provided by operating activities was RMB24,183 million (US$3,691 million), which includes a net cash inflow of RMB18,796 million (US$2,869 million) in connection with the consumer protection fund deposits received primarily from Tmall merchants, as well as our increased spending for strategic initiatives. Free cash flow, which excluded these deposits and certain other items, was an outflow of RMB658 million (US$100 million) in the quarter ended March 31, 2021, compared to an outflow of RMB4,214 million in the same quarter of 2020. A reconciliation of net cash provided by operating activities to free cash flow is included at the end of this results announcement.GuidanceThe guidance below is a forward-looking statement that reflects assumptions that we believe to be reasonable as of the date of this announcement and involve inherent risks and uncertainties, many of which we are not able to predict or control. Based on our current view of Chinese and global consumption, enterprise digitalization and the competitive landscape, and subject to the uncertainties highlighted under the section entitled “Safe Harbor Statements” below, we expect to generate over RMB930 billion in revenue in fiscal year 2022.","news_type":1},"isVote":1,"tweetType":1,"viewCount":172,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":379945914,"gmtCreate":1618663212838,"gmtModify":1704713918234,"author":{"id":"3574984385549978","authorId":"3574984385549978","name":"JimmyChua","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574984385549978","authorIdStr":"3574984385549978"},"themes":[],"htmlText":"Hard to say&nbsp;","listText":"Hard to say&nbsp;","text":"Hard to say","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/379945914","repostId":"1179330583","repostType":4,"repost":{"id":"1179330583","kind":"news","pubTimestamp":1618588042,"share":"https://ttm.financial/m/news/1179330583?lang=&edition=fundamental","pubTime":"2021-04-16 23:47","market":"us","language":"en","title":"Airbnb CEO says company is going to need millions more hosts to meet surging demand","url":"https://stock-news.laohu8.com/highlight/detail?id=1179330583","media":"cnbc","summary":"KEY POINTS\n\nAirbnb is going to need millions of new hosts to meet incoming demand as travel picks up","content":"<div>\n<p>KEY POINTS\n\nAirbnb is going to need millions of new hosts to meet incoming demand as travel picks up again, CEO Brian Chesky told CNBC.\n\"To meet the demand over the coming years, we're going to need ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/16/airbnb-ceo-says-company-is-going-to-need-millions-more-hosts-to-meet-demand.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","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>Airbnb CEO says company is going to need millions more hosts to meet surging demand</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAirbnb CEO says company is going to need millions more hosts to meet surging demand\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-16 23:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/04/16/airbnb-ceo-says-company-is-going-to-need-millions-more-hosts-to-meet-demand.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nAirbnb is going to need millions of new hosts to meet incoming demand as travel picks up again, CEO Brian Chesky told CNBC.\n\"To meet the demand over the coming years, we're going to need ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/16/airbnb-ceo-says-company-is-going-to-need-millions-more-hosts-to-meet-demand.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ABNB":"爱彼迎"},"source_url":"https://www.cnbc.com/2021/04/16/airbnb-ceo-says-company-is-going-to-need-millions-more-hosts-to-meet-demand.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1179330583","content_text":"KEY POINTS\n\nAirbnb is going to need millions of new hosts to meet incoming demand as travel picks up again, CEO Brian Chesky told CNBC.\n\"To meet the demand over the coming years, we're going to need millions more hosts,\" Chesky said in an interview that aired Friday on \"TechCheck.\"\nCurrently, the home-sharing platform has 4 million hosts.\n\nAirbnbis going to need millions of new hosts to meet incoming demand as travel picks up again, CEO Brian Chesky told CNBC.\n\"To meet the demand over the coming years, we're going to need millions more hosts,\" Chesky said in an interview that aired Friday on CNBC's \"TechCheck.\" Currently, the home-sharing platform has 4 million hosts.\n“I think that we probably will have a high cost problem where there will probably be more guests coming to Airbnb than we’ll have hosts for because what we think is we think there’s going to be a travel rebound coming that’s unlike anything we’ve ever seen,” Chesky added. “We are working our hardest to get more hosts on the platform.”\nThe travel industry is seeing an uptick in business as more Americans get vaccinated and state restrictions ease. But for Airbnb, which relies on people to open their homes to guests, the company will need to ramp up its number of hosts instead of building out more real estate or adding flights to meet demand.\nIt’s a similar problem faced by other companies in the gig economy likeUber, which recently announced a$250 million stimulusin an effort to bring more drivers to its platform.\n“As vaccination rates increase in the United States, we are observing that consumer demand for Mobility is recovering faster than driver availability, and consumer demand for Delivery continues to exceed courier availability,”Uber saidin a filing with the Securities and Exchange Commission.\nChesky said Airbnb isn’t likely to offer “a lot of incentives” to bring new hosts on board since there’s already a huge amount of demand for service.\n“I think that all we have to do is just continue to tell our story of Airbnb, and the benefits of hosting. And we are seeing a lot of interest,” he said.\nAs part of that, Chesky said the company has done things like launch its “made possible by hosts” ad campaign. The company rolled out a number of advertisements using photographs from Airbnb guests staying in homes around the world, in an effort to create a sense of nostalgia.","news_type":1},"isVote":1,"tweetType":1,"viewCount":121,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3566190997597521","authorId":"3566190997597521","name":"Jia jia","avatar":"https://static.tigerbbs.com/a5e41a8432102fa946fee83eeb1384d7","crmLevel":4,"crmLevelSwitch":0,"idStr":"3566190997597521","authorIdStr":"3566190997597521"},"content":"Servicing Business, owner out money pay property and Buyer pay money. admin Cost? $:$ hehehe","text":"Servicing Business, owner out money pay property and Buyer pay money. admin Cost? $:$ hehehe","html":"Servicing Business, owner out money pay property and Buyer pay money. admin Cost? $:$ hehehe"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":350776086,"gmtCreate":1616295351245,"gmtModify":1704792690837,"author":{"id":"3574984385549978","authorId":"3574984385549978","name":"JimmyChua","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574984385549978","authorIdStr":"3574984385549978"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/350776086","repostId":"1106180509","repostType":4,"repost":{"id":"1106180509","kind":"news","pubTimestamp":1616161534,"share":"https://ttm.financial/m/news/1106180509?lang=&edition=fundamental","pubTime":"2021-03-19 21:45","market":"us","language":"en","title":"Here Are The Stocks To Watch Ahead Of Today's Quad-Witch Gamma 'Unclenching'","url":"https://stock-news.laohu8.com/highlight/detail?id=1106180509","media":"zerohedge","summary":"Today's quad-witching options expirations are likely to remove even more potential stabilizing flows","content":"<p>Today's quad-witching options expirations are likely to remove even more potential stabilizing flows from US equity markets as roughly<b>25% of S&amp;P gamma rolls off, with 40% of QQQ and 50% of single stocks</b>. AsSpotGamma reminds us, the bulk of SPX gamma expires at 9:30AM EST, but that position is heavily outsized by SPY/QQQ which expires&nbsp; at the 4pm EST close. This gamma unclench and delta de-risk lower could<b>accelerate any downside moves in the markets</b>.</p><p><img src=\"https://static.tigerbbs.com/23bc9b6e77ee042a748f9e649cdbd3f1\" tg-width=\"500\" tg-height=\"375\" referrerpolicy=\"no-referrer\">SpotGammasays that the<b>S&amp;P must hold the 390/3900 critical flip line,</b>even though we see little in the way of S&amp;P put positions (and therefore negative S&amp;P500 gamma) below</p><p><img src=\"https://static.tigerbbs.com/cf6f304619aa55a563018f59085453b4\" tg-width=\"500\" tg-height=\"344\" referrerpolicy=\"no-referrer\">AsSpotGammaconcludes, said another way,<b>“buying the dip” is not advised if SPX breaks 3900.</b>However, the post-quad-witch picture is more optimistic because while the QQQ puts expiring today provide downside fuel, they will also be very sensitive to implied volatility and decay, and so<b>if there is a bounce at the open it could setup a decent QQQ rally into the 315-320 area as dealers quickly cover</b>their corresponding short hedges.</p><p>Into Monday these tech puts could provide a decent dealer short hedge (and therefore market tailwind) and reduce QQQ volatility next week. The lower QQQ closes the larger the dealer short will be that is tied to todays close. Therefore a lower close provides more “bounce fuel” into the start of next week.</p><p>Also brace for higher single stock volatility today due to the large amount of single stock options expiring today. As Goldman notes,<b>$655bn of options set to expire today, a record for non-January expiries and the third largest overall.</b>Today’s expiry could be important for stocks with large open interest in at-the-money (ATM) options; market makers delta-hedging their unusually large options portfolios will be active.</p><p><b>Here are the stocks where option activity could have big impact</b></p><p><img src=\"https://static.tigerbbs.com/2dd4934592756abdb35473d2ffcf21fb\" tg-width=\"500\" tg-height=\"718\" referrerpolicy=\"no-referrer\">Stocks where a large percentage of contracts, relative to their average daily volume traded, expire on Friday, potentially leading to “pinning”. However, if delta-hedgers are net short ATM options (have a “negative gamma” position), their hedging activity could exacerbate stock price moves. This ﬂow is likely to dampen volatility in some names while exacerbating stock price moves in others.</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>Here Are The Stocks To Watch Ahead Of Today's Quad-Witch Gamma 'Unclenching'</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\">\nHere Are The Stocks To Watch Ahead Of Today's Quad-Witch Gamma 'Unclenching'\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-19 21:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/here-are-stocks-watch-ahead-todays-quad-witch-gamma-unclenching?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>Today's quad-witching options expirations are likely to remove even more potential stabilizing flows from US equity markets as roughly25% of S&P gamma rolls off, with 40% of QQQ and 50% of single ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/here-are-stocks-watch-ahead-todays-quad-witch-gamma-unclenching?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/markets/here-are-stocks-watch-ahead-todays-quad-witch-gamma-unclenching?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":"1106180509","content_text":"Today's quad-witching options expirations are likely to remove even more potential stabilizing flows from US equity markets as roughly25% of S&P gamma rolls off, with 40% of QQQ and 50% of single stocks. AsSpotGamma reminds us, the bulk of SPX gamma expires at 9:30AM EST, but that position is heavily outsized by SPY/QQQ which expires  at the 4pm EST close. This gamma unclench and delta de-risk lower couldaccelerate any downside moves in the markets.SpotGammasays that theS&P must hold the 390/3900 critical flip line,even though we see little in the way of S&P put positions (and therefore negative S&P500 gamma) belowAsSpotGammaconcludes, said another way,“buying the dip” is not advised if SPX breaks 3900.However, the post-quad-witch picture is more optimistic because while the QQQ puts expiring today provide downside fuel, they will also be very sensitive to implied volatility and decay, and soif there is a bounce at the open it could setup a decent QQQ rally into the 315-320 area as dealers quickly covertheir corresponding short hedges.Into Monday these tech puts could provide a decent dealer short hedge (and therefore market tailwind) and reduce QQQ volatility next week. The lower QQQ closes the larger the dealer short will be that is tied to todays close. Therefore a lower close provides more “bounce fuel” into the start of next week.Also brace for higher single stock volatility today due to the large amount of single stock options expiring today. As Goldman notes,$655bn of options set to expire today, a record for non-January expiries and the third largest overall.Today’s expiry could be important for stocks with large open interest in at-the-money (ATM) options; market makers delta-hedging their unusually large options portfolios will be active.Here are the stocks where option activity could have big impactStocks where a large percentage of contracts, relative to their average daily volume traded, expire on Friday, potentially leading to “pinning”. However, if delta-hedgers are net short ATM options (have a “negative gamma” position), their hedging activity could exacerbate stock price moves. This ﬂow is likely to dampen volatility in some names while exacerbating stock price moves in others.","news_type":1},"isVote":1,"tweetType":1,"viewCount":83,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":191910883,"gmtCreate":1620832603042,"gmtModify":1704349126075,"author":{"id":"3574984385549978","authorId":"3574984385549978","name":"JimmyChua","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574984385549978","authorIdStr":"3574984385549978"},"themes":[],"htmlText":"Awesome","listText":"Awesome","text":"Awesome","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/191910883","repostId":"1196961143","repostType":4,"repost":{"id":"1196961143","kind":"news","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":1620827979,"share":"https://ttm.financial/m/news/1196961143?lang=&edition=fundamental","pubTime":"2021-05-12 21:59","market":"us","language":"en","title":"Tiger Brokers to be Added to the MSCI China All Shares Index","url":"https://stock-news.laohu8.com/highlight/detail?id=1196961143","media":"Tiger Newspress","summary":"UP Fintech Holding Limited (“UP Fintech” or the “Company”) (NASDAQ: TIGR), a leading online brokerag","content":"<p>UP Fintech Holding Limited (“UP Fintech” or the “Company”) (NASDAQ: TIGR), a leading online brokerage firm focusing on global investors, today announced that the Company's stock will be added to the MSCI China All Shares Index, effective as of market close on May 27, 2021.</p><p>&nbsp;Mr. Wu Tianhua, CEO of UP Fintech commented, “To be added to the MSCI China All Shares Index is a recognition of the growth the company has achieved. Our mission is to use technology to make investing more efficient and give our clients the ability to allocate their assets across multiple markets. As we expand our international footprint, we look forward to serving more global clients with ourintuitive, one-stop trading platform.”</p><p>According to MSCI, “The MSCI China All Shares Index captures large and mid-cap representation across China A‐shares, B‐shares, H‐shares, Red‐chips, P‐chips and foreign listings (e.g. ADRs). The index aims to reflect the opportunity set of China share classes listed in Hong Kong, Shanghai, Shenzhen and outside of China.”</p><p>Founded in 2014, the Company enables its clients to trade equities in The U.S., U.K., Hong Kong, Singapore, and Australia as well as futures, options, and funds. The Company opened its one millionth account in October 2020 and continues to attract new clients across multiple international markets.</p><p>&nbsp;Safe Harbor Statement</p><p><span>This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other statements, the business outlook and quotations from management in this announcement, as well as the Company’s strategic and operational plans, contain forward-looking statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (“SEC”) on Forms 20-F and 6-K, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company’s growth strategies; trends and competition in global financial markets; the effects of the global COVID-19 pandemic; and governmental policies relating to the Company’s industry and general economic conditions in China and other countries. Further information regarding these and other risks is included in the Company’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law.</span><br></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>Tiger Brokers to be Added to the MSCI China All Shares Index</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\">\nTiger Brokers to be Added to the MSCI China All Shares Index\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\">2021-05-12 21:59</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>UP Fintech Holding Limited (“UP Fintech” or the “Company”) (NASDAQ: TIGR), a leading online brokerage firm focusing on global investors, today announced that the Company's stock will be added to the MSCI China All Shares Index, effective as of market close on May 27, 2021.</p><p>&nbsp;Mr. Wu Tianhua, CEO of UP Fintech commented, “To be added to the MSCI China All Shares Index is a recognition of the growth the company has achieved. Our mission is to use technology to make investing more efficient and give our clients the ability to allocate their assets across multiple markets. As we expand our international footprint, we look forward to serving more global clients with ourintuitive, one-stop trading platform.”</p><p>According to MSCI, “The MSCI China All Shares Index captures large and mid-cap representation across China A‐shares, B‐shares, H‐shares, Red‐chips, P‐chips and foreign listings (e.g. ADRs). The index aims to reflect the opportunity set of China share classes listed in Hong Kong, Shanghai, Shenzhen and outside of China.”</p><p>Founded in 2014, the Company enables its clients to trade equities in The U.S., U.K., Hong Kong, Singapore, and Australia as well as futures, options, and funds. The Company opened its one millionth account in October 2020 and continues to attract new clients across multiple international markets.</p><p>&nbsp;Safe Harbor Statement</p><p><span>This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other statements, the business outlook and quotations from management in this announcement, as well as the Company’s strategic and operational plans, contain forward-looking statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (“SEC”) on Forms 20-F and 6-K, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company’s growth strategies; trends and competition in global financial markets; the effects of the global COVID-19 pandemic; and governmental policies relating to the Company’s industry and general economic conditions in China and other countries. Further information regarding these and other risks is included in the Company’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law.</span><br></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TIGR":"老虎证券"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1196961143","content_text":"UP Fintech Holding Limited (“UP Fintech” or the “Company”) (NASDAQ: TIGR), a leading online brokerage firm focusing on global investors, today announced that the Company's stock will be added to the MSCI China All Shares Index, effective as of market close on May 27, 2021. Mr. Wu Tianhua, CEO of UP Fintech commented, “To be added to the MSCI China All Shares Index is a recognition of the growth the company has achieved. Our mission is to use technology to make investing more efficient and give our clients the ability to allocate their assets across multiple markets. As we expand our international footprint, we look forward to serving more global clients with ourintuitive, one-stop trading platform.”According to MSCI, “The MSCI China All Shares Index captures large and mid-cap representation across China A‐shares, B‐shares, H‐shares, Red‐chips, P‐chips and foreign listings (e.g. ADRs). The index aims to reflect the opportunity set of China share classes listed in Hong Kong, Shanghai, Shenzhen and outside of China.”Founded in 2014, the Company enables its clients to trade equities in The U.S., U.K., Hong Kong, Singapore, and Australia as well as futures, options, and funds. The Company opened its one millionth account in October 2020 and continues to attract new clients across multiple international markets. Safe Harbor StatementThis announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other statements, the business outlook and quotations from management in this announcement, as well as the Company’s strategic and operational plans, contain forward-looking statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (“SEC”) on Forms 20-F and 6-K, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company’s growth strategies; trends and competition in global financial markets; the effects of the global COVID-19 pandemic; and governmental policies relating to the Company’s industry and general economic conditions in China and other countries. Further information regarding these and other risks is included in the Company’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law.","news_type":1},"isVote":1,"tweetType":1,"viewCount":128,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":356176015,"gmtCreate":1616766894937,"gmtModify":1704798625191,"author":{"id":"3574984385549978","authorId":"3574984385549978","name":"JimmyChua","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574984385549978","authorIdStr":"3574984385549978"},"themes":[],"htmlText":"Nokia is cool","listText":"Nokia is cool","text":"Nokia is cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/356176015","repostId":"1109499191","repostType":4,"repost":{"id":"1109499191","kind":"news","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":1616766726,"share":"https://ttm.financial/m/news/1109499191?lang=&edition=fundamental","pubTime":"2021-03-26 21:52","market":"us","language":"en","title":"Some “meme” stocks are flying again.","url":"https://stock-news.laohu8.com/highlight/detail?id=1109499191","media":"Tiger Newspress","summary":"Some “meme” stocks are flying again in Friday morning trading.The shares of NAKD is up 22%,GameStop ","content":"<p>Some “meme” stocks are flying again&nbsp;in Friday morning trading.The shares of NAKD is up 22%,GameStop is up 18%，Nikola&nbsp;is&nbsp;up&nbsp;4%&nbsp;and&nbsp;AMC&nbsp;is&nbsp;up&nbsp;3%.</p><p><img src=\"https://static.tigerbbs.com/e8e92190c4c2210799a5c7eed4a46654\" tg-width=\"377\" tg-height=\"601\" referrerpolicy=\"no-referrer\"></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>Some “meme” stocks are flying again. </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\">\nSome “meme” stocks are flying again. \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\">2021-03-26 21:52</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Some “meme” stocks are flying again&nbsp;in Friday morning trading.The shares of NAKD is up 22%,GameStop is up 18%，Nikola&nbsp;is&nbsp;up&nbsp;4%&nbsp;and&nbsp;AMC&nbsp;is&nbsp;up&nbsp;3%.</p><p><img src=\"https://static.tigerbbs.com/e8e92190c4c2210799a5c7eed4a46654\" tg-width=\"377\" tg-height=\"601\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109499191","content_text":"Some “meme” stocks are flying again in Friday morning trading.The shares of NAKD is up 22%,GameStop is up 18%，Nikola is up 4% and AMC is up 3%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":231,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":235337810825224,"gmtCreate":1698488333934,"gmtModify":1698488338394,"author":{"id":"3574984385549978","authorId":"3574984385549978","name":"JimmyChua","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574984385549978","authorIdStr":"3574984385549978"},"themes":[],"htmlText":"Can nio use self charging points?","listText":"Can nio use self charging points?","text":"Can nio use self charging points?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/235337810825224","repostId":"2378874718","repostType":2,"repost":{"id":"2378874718","kind":"highlight","pubTimestamp":1698452654,"share":"https://ttm.financial/m/news/2378874718?lang=&edition=fundamental","pubTime":"2023-10-28 08:24","market":"us","language":"en","title":"Could Nio Be a Millionaire-Maker Stock?","url":"https://stock-news.laohu8.com/highlight/detail?id=2378874718","media":"InvestorPlace","summary":"While risky, NIO offers massive upside for long-term investors, as it can carve out a niche in the battery-swappable EV space.","content":"<html><head></head><body><ul style=\"\"><li><p><strong>Nio’s</strong> (<strong><u>NIO</u></strong>) unique battery swapping model provides millionaire-maker potential, but there are caveats.</p></li><li><p>Consistent access to financing could fund Nio without massive dilution.</p></li><li><p>Continue reading to find out where NIO stock could be in five years!</p></li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6d7b42b9949b37ee29b705de7a5db1b5\" tg-width=\"768\" tg-height=\"432\"/></p><p>Source: J1TTO / Shutterstock.com</p><p><strong>Nio</strong> (NYSE:<strong>NIO</strong>) has been on a rollercoaster ride in 2023, with massive price fluctuations seen in recent months. Naturally, investors may wonder whether Nio could generate exceptional returns like <strong>Tesla</strong> (NASDAQ:<strong>TSLA</strong>) or <strong>BYD</strong> (OTCMKTS:<strong>BYDDF</strong>) over the long-run. In my opinion, Nio certainly has considerable upside potential over the next 5-10 years. However, it also faces risks that may limit gains in the near term.</p><p>Gauging Nio’s potential will require a bit more discussion, and that’s what I will be doing today. Let’s dive in!</p><h2 id=\"id_3049873500\">NIO Stock: The Pros and the Cons</h2><p>Nio’s strong growth in deliveries is encouraging, with volumes continuing to climb over the long-run, despite the company’s 24% sequential decline in the latest quarter. Its unique battery-swapping stations also give Nio a competitive edge in China and Europe. Plus, Nio’s undervaluation relative to pre-revenue EV startups indicates that multi-bagger returns are possible.</p><p>However, Nio’s massive cash burn raises some concerns. The company’s net income was negative $844 million last quarter. Thus, Nio will need continuous access to financing to fund its ambitious growth plans. While recent Middle East investments provided a capital boost, consistent access to funding remains imperative for Nio.</p><p>The above two paragraphs are basically a summary of the bullish and the bearish picture. I personally believe Nio can deliver exceptional returns if the EV company maintains sustainable financing and strong growth fundamentals. Nio’s battery-swapping technology gives it a niche advantage in key global markets. With its solid R&amp;D and production ramping up, Nio could be profitable by 2028.</p><h2 id=\"id_3436996087\">Is Dilution a Threat to NIO Stock?</h2><p>Some say that investors right now will face massive price pressure when it comes to NIO stock due to its inherent dilution risk, but I disagree. Nio has proved it can prudently raise funds, and the stock has seen limited dilution. Thus, its long-term potential can be substantial if trends continue. So, I do not view dilution as a threat, at least not yet.</p><p>In my view, if Nio can continue executing its strategic roadmap over the next five years, a stock price between $45-65 per share is achievable. This outcome would generate massive returns from Nio’s current share price at $8 per share. However, realizing this upside requires the company to fund its operations without game-changing dilution, and successfully execute on its ambitious growth plans.</p><p>Therefore, NIO stock certainly carries risks, but it also offers alluring millionaire-maker potential. Nio’s unique market positioning and attractive valuation provide a viable path to generating blockbuster returns for early investors. With access to prudent financing, Nio could make fortunes for shareholders in the coming years.</p><p>Of course, things rarely go exactly as planned, especially in the dynamic EV space. But from my perspective, Nio is poised to disrupt the industry with its niche battery-swapping model. If Nio can maintain its technology leadership here, the company’s long-term outlook is quite compelling.</p><h2 id=\"id_3273057139\">The Bottom Line</h2><p>In summary, I believe patient, long-term investors <em>could</em> generate massive returns by accumulating Nio stock at current levels. But admittedly, risks abound in owning a pre-profit, cash-burning growth stock like Nio. Its ambitious goals require flawless execution and ample access to capital. Any stumbles along the way could derail the investment thesis. Whether or not you wish to make that leap of faith is up to you.</p></body></html>","source":"investorplace_stock_picks","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>Could Nio Be a Millionaire-Maker Stock?</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\">\nCould Nio Be a Millionaire-Maker Stock?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-10-28 08:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2023/10/could-nio-be-a-millionaire-maker-stock/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nio’s (NIO) unique battery swapping model provides millionaire-maker potential, but there are caveats.Consistent access to financing could fund Nio without massive dilution.Continue reading to find ...</p>\n\n<a href=\"https://investorplace.com/2023/10/could-nio-be-a-millionaire-maker-stock/\">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://investorplace.com/2023/10/could-nio-be-a-millionaire-maker-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2378874718","content_text":"Nio’s (NIO) unique battery swapping model provides millionaire-maker potential, but there are caveats.Consistent access to financing could fund Nio without massive dilution.Continue reading to find out where NIO stock could be in five years!Source: J1TTO / Shutterstock.comNio (NYSE:NIO) has been on a rollercoaster ride in 2023, with massive price fluctuations seen in recent months. Naturally, investors may wonder whether Nio could generate exceptional returns like Tesla (NASDAQ:TSLA) or BYD (OTCMKTS:BYDDF) over the long-run. In my opinion, Nio certainly has considerable upside potential over the next 5-10 years. However, it also faces risks that may limit gains in the near term.Gauging Nio’s potential will require a bit more discussion, and that’s what I will be doing today. Let’s dive in!NIO Stock: The Pros and the ConsNio’s strong growth in deliveries is encouraging, with volumes continuing to climb over the long-run, despite the company’s 24% sequential decline in the latest quarter. Its unique battery-swapping stations also give Nio a competitive edge in China and Europe. Plus, Nio’s undervaluation relative to pre-revenue EV startups indicates that multi-bagger returns are possible.However, Nio’s massive cash burn raises some concerns. The company’s net income was negative $844 million last quarter. Thus, Nio will need continuous access to financing to fund its ambitious growth plans. While recent Middle East investments provided a capital boost, consistent access to funding remains imperative for Nio.The above two paragraphs are basically a summary of the bullish and the bearish picture. I personally believe Nio can deliver exceptional returns if the EV company maintains sustainable financing and strong growth fundamentals. Nio’s battery-swapping technology gives it a niche advantage in key global markets. With its solid R&D and production ramping up, Nio could be profitable by 2028.Is Dilution a Threat to NIO Stock?Some say that investors right now will face massive price pressure when it comes to NIO stock due to its inherent dilution risk, but I disagree. Nio has proved it can prudently raise funds, and the stock has seen limited dilution. Thus, its long-term potential can be substantial if trends continue. So, I do not view dilution as a threat, at least not yet.In my view, if Nio can continue executing its strategic roadmap over the next five years, a stock price between $45-65 per share is achievable. This outcome would generate massive returns from Nio’s current share price at $8 per share. However, realizing this upside requires the company to fund its operations without game-changing dilution, and successfully execute on its ambitious growth plans.Therefore, NIO stock certainly carries risks, but it also offers alluring millionaire-maker potential. Nio’s unique market positioning and attractive valuation provide a viable path to generating blockbuster returns for early investors. With access to prudent financing, Nio could make fortunes for shareholders in the coming years.Of course, things rarely go exactly as planned, especially in the dynamic EV space. But from my perspective, Nio is poised to disrupt the industry with its niche battery-swapping model. If Nio can maintain its technology leadership here, the company’s long-term outlook is quite compelling.The Bottom LineIn summary, I believe patient, long-term investors could generate massive returns by accumulating Nio stock at current levels. But admittedly, risks abound in owning a pre-profit, cash-burning growth stock like Nio. Its ambitious goals require flawless execution and ample access to capital. Any stumbles along the way could derail the investment thesis. Whether or not you wish to make that leap of faith is up to you.","news_type":1},"isVote":1,"tweetType":1,"viewCount":588,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}