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2022-11-12

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Nvidia: A800 Chips, Crypto Contagion 2.0, And Macro Deterioration

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confidence in Nvidia&#39;s longer-term prospects.</li><li>Yet, mounting macroeconomic uncertainties still remain a large overhang on the stock&#39;s near-term performance, with renewed concerns of a crypto downturn adding complexity to the Nvidia stock&#39;s outlook.</li><li>The following analysis will walk through some of the latest developments in Nvidia&#39;s operating, macro and regulatory environment, and gauge their respective implications on the stock&#39;s near-term performance.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/821a26da6fd45d4119675770e348fdbe\" tg-width=\"750\" tg-height=\"500\" width=\"100%\" height=\"auto\"/><span>Justin Sullivan</span></p><p>The better-than-expected CPI print for October unleashed a rally in both equities and credits on Thursday (November 10), with the tech-heavy Nasdaq 100 index adding close to $1 trillion in market cap over the span of one session. Nvidia (NASDAQ:NVDA) was one of the biggest gainers, staging a 14% intra-day rally to outperform the broader PHLX Semiconductor Index (SOX).</p><p>Signs of easing financial conditions is currently a core driver of investors’ confidence, which is corroborated by the strong intra-day gains observed during Thursday’s session. Yet, the broader market climate remains fragile, as the Fed’s monetary policy tightening trajectory has yet to peak, with consumer slowdown only now becoming more prevalent.</p><p>And specific to Nvidia, the company also faces operating challenges from worsening geopolitical tensions, though its recent release of the A800 data center GPUs exclusive to the Chinese market in compliance with U.S. regulatory requirements is a step in the right direction. But renewed crypto contagion fears are now sparking fresh concerns on the near-term performance of Nvidia’s GPU segment, which is already reeling from a broader decline in global PC demand this year.</p><p>Regardless of the near-term macro and industry-specific headwinds though, Nvidia’s robust one-day gain on Thursday underscores the strength of investors’ confidence in the stock still, given the underlying business’ positive potential in benefitting from longer-term advances stemming from its massive market share across high-growth verticals spanning high-performance computing (“HPC”) to AI-driven innovations like self-driving vehicles and the metaverse. With market conditions still choppy in the months ahead, the Nvidia stock’s latest rally is likely to fizzle, creating more compelling entry opportunities than its current valuation.</p><p><b>Macro Overview</b></p><p>The Federal Reserve maintained a hawkish tone after raising 75 bps for the fourth time consecutively this year in November as inflation remains far from the desired 2% target. With the October inflation print coming in better-than-expected, market participants are becoming more optimistic that the worst of rapid price increases this year are now behind, playing favorably to desires for a more dovish monetary policy trajectory and improving financial conditions ahead.</p><p>October headline CPI came in at 7.7%, softer than the average consensus estimate of 7.9%, marking the “smallest annual advance since the start of the year”. Meanwhile, core inflation – which strips the impact of volatile food and energy prices – came in at 6.3%, which is also a welcome improvement from consensus calls for 6.5%. Equities rallied across the board in response to the softer-than-expected inflation print, as it points to early signs of a structural slowdown in pricing increases that the Federal Reserve has been looking for before considering easing its monetary policy tightening plans. The latest improvement in pricing increases is supportive of the Fed’s planned rate hike for 50 bps in December, marking possibly the first deceleration in the pace of tightening since June.</p><p>Yet, any possibility of a sustained rally on signs of easing inflation and a potential Fed pivot remains remote. At 7.7%, current price increases remain far removed from the Fed’s desired 2% target, which aligns with Fed Chair Jerome Powell’s commentary earlier this month that the terminal rate could end up being higher than previously anticipated as tightening continues into restrictive territory to ensure inflation is contained. The remarks were further reinforced by Dallas Fed President Lorie Logan on Thursday (November 10):</p><blockquote>Today’s economic conditions are complex, but they can be summarized in five words: Inflation is much too high.</blockquote><blockquote>Not only is inflation far above the FOMC’s 2 percent target, but with aggregate demand continuing to outstrip supply, inflation has repeatedly come in higher than forecasters expected. This morning’s CPI [Consumer Price Index] data were a welcome relief, but there is still a long way to go.</blockquote><blockquote>Source: Federal Reserve Bank of Dallas</blockquote><p>What this effectively means is that the demand environment for Nvidia will continue to weaken, weighing on its near-term fundamental prospects. The stock’s valuation outlook over coming months will also remain volatile to changes in interest rates, which place a direct impact on multiples that dictate the value of the underlying business’ future prospects.</p><p>Specifically, on the fundamental front, continued rate hikes and “much too high” inflation implies tightening financial conditions over coming months, especially as ongoing deterioration in consumer sentiment this year now becomes materialized into a real decline in consumer purchasing power. Average personal savings in the U.S. have declined from 3.5% in the second quarter to 3.1% in the third quarter, a far-cry from the “five-year pre-COVID average of [approximately] 7.7%”. Consumers are also increasing reliance on credit card debt to sustain spending as purchasing power declines in the face of surging inflation – consumer credit card debt is now approaching the “pre-pandemic peak of $916 billion in September”, while “real average hourly earnings decreased in October and were down 2.8% from a year earlier… falling each month since April 2021” after adjusting for inflation.</p><p>Specific to Nvidia, weakening consumer spending is largely reflected through significant underperformance in its consumer-centric Gaming segment during the fiscal second quarter. And conditions have likely remained muted or worsened in the fiscal third quarter, as global PC demand continued on a rapid decline while discretionary purchases of consumer electronics remained stagnated.</p><p>And on the commercial front, which was previously regarded as relatively recession-resistant compared to the consumer end-market, spending has become more conscious as well based on commentary during the latest third quarter earnings season. Even resilient corporate cloud investments are showing signs of a slowdown or delay amid growing macroeconomic uncertainties, risking weakness in data center investments over the near-term, which would impact the performance of Nvidia’s star segment.</p><p>And on the valuation front, continued rate hikes are bound to further weigh on multiples. The value of high growth companies like Nvidia, with much of their prospects still being “far out in the future” are becoming increasingly susceptible to heavy discounting as a result of rising capital costs. This circles back to our earlier mention that any rally in the Nvidia stock observed as a result of the latest October inflation print will likely fizzle, as the double-whammy of valuation and fundamental challenges continue to play out over coming months.</p><p><b>Implications of the A800 Data Center GPU</b></p><p>Moving on from broader market headwinds, Nvidia is also facing industry-specific challenges stemming from intensifying U.S.-China relations as of late. As discussed in detail in our previous coverage on the stock, the latest ban imposed by the U.S. government on exports of advanced semiconductor technologies to China further complexes the operating backdrop for chip makers like Nvidia, which is already reeling from unraveling demand this year. The company had previously reiterated that it does not expect a material impact on its business as a result of the newly imposed restrictions, though the implementation of said export ban could result in a $400 million headwind to fiscal third quarter results.</p><p>In the latest development, Nvidia has confirmed the production of A800 data center GPUs made exclusively for the Chinese market in response to U.S. regulatory requirements. The A800 chips will be a direct replacement for the A100 that has been effectively banned from being exported to China. The A800 chips, which are also based on Nvidia’s Ampere architecture, will include three variants offering the same specs as the A100 chips. However, the “NVIDIA NVLink” technology implemented, which enables “seamless, high-speed communication between every GPU” within a system to facilitate the compute demands of increasingly complex AI and HPC workloads, will be downgraded from the A100’s standard 600GBps to 400GBps for the A800. The A800 has received regulatory clearance from the U.S. for export to China, with the hardware’s processing speed non-programmable to exceed the 400GBps cap, and thereby “limiting their usefulness” in HPC applications to restrict China’s military advancements. However, the company has yet to provide any immediate reprieve to restricted sales of the upcoming H100 Grace data center CPUs to China as a result of the new rules, which also relies on next-generation NVLink technology capable of at least 1.5x higher performance than existing Ampere-based processors.</p><p>As analyzed in our previous coverage, we expect Nvidia’s base case 12-month PT to hover around $150 and bull case 12-month PT of $160 as a result of the newly imposed export restrictions in addition to looming macroeconomic challenges. And the recent relief brought by the introduction of the A800 chips exclusive to the Chinese market – the largest source of semiconductor demand – is viewed as a positive development to support the stock’s potential leap beyond the base case PT and approach towards the near-term bull case PT. This is further corroborated by the stock’s intra-day leap of as much as 4% to reach the $150-level on November 8th upon announcement of the A800 chip which began productions in the fiscal third quarter, which was organic to positive investors’ sentiment on the news and separate from any positive macro development.</p><p><i>i. Bull Case Financial Forecast and Valuation Analysis:</i></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/69a9f8803dc4cfc1a6531cd5970e6116\" tg-width=\"640\" tg-height=\"345\" width=\"100%\" height=\"auto\"/><span>Nvidia Bull Case Financial Forecast (Author)</span></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5ce58edfb1fd144ddb4958ce28aa3068\" tg-width=\"640\" tg-height=\"367\" width=\"100%\" height=\"auto\"/><span>Nvidia Bull Case PT (Author)</span></p><p><i>ii. Base Case Financial Forecast and Valuation Analysis:</i></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a48b2c2079cc21eba075a71a080240c9\" tg-width=\"640\" tg-height=\"373\" width=\"100%\" height=\"auto\"/><span>Nvidia Base Case Financial Forecast (Author)</span></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b8c8bdcb85fdca3d00f2a79a9aa1f947\" tg-width=\"640\" tg-height=\"363\" width=\"100%\" height=\"auto\"/><span>Nvidia Base Case PT (Author)</span></p><p><i>iii. Bear Case Financial Forecast and Valuation Analysis:</i></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/55fa52330c071632e4c5480164c6da69\" tg-width=\"640\" tg-height=\"358\" width=\"100%\" height=\"auto\"/><span>Nvidia Bear Case Financial Forecast (Author)</span></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4d24c4b920c94cd1163561b799af23cb\" tg-width=\"640\" tg-height=\"357\" width=\"100%\" height=\"auto\"/><span>Nvidia Bear Case PT (Author)</span></p><p>However, the total elimination of Chinese demand for Nvidia’s best-selling A100 data center GPUs and H100 data center CPUs will remain an overhang on the company’s near-term fundamental performance. China is still the largest buyer of chips, and with Nvidia’s heavy reliance on HPC/data center sales to make-up for the near-term downturn in its consumer-centric segments, the company is still missing out on a chunk of market share that it would have otherwise been able to capitalize on if it were not for the newly imposed rules. Yet, we see the A800 as a positive development that will not only bring some partial relief to Nvidia’s near-term fundamental performance, but also an indicator of a potential equivalent for the company’s new foray in data center CPUs with its Hopper architecture. We see this as a probable implication for a potential clawback of revenue losses that were previously thought to be permanent due to the U.S.-imposed export curbs, which would be a plus to Nvidia’s near-term valuation prospects.</p><p><b>Implications of Crypto Contagion 2.0</b></p><p>As previously discussed, lingering crypto headwinds make another overhang that is harder to gauge on Nvidia’s near-term performance. Recall that a non-disclosed portion of Nvidia’s Gaming segment sales are driven by GPU demand from crypto mining, which has experienced a material slowdown this year following the Luna/Terra death spiral (UST-USD / LUNC-USD / LUNA-USD) in May and the Ethereum Merge (ETH-USD) that took place in September.</p><p>While cryptocurrencies saw some reprieve in prices in late October, earlier hopes of an emergence from the latest crypto winter have been stymied by the latest FTX wind-down. It has been a tumultuous week for crypto. The intensifying feud last weekend between Binance (BNB-USD) founder and CEO Changpeng “CZ” Zhao and FTX founder and CEO Sam Bankman-Fried following the former’s decision to liquidate its holdings in the latter’s FTT coins (FTT-USD) had rapidly turned into a liquidity crunch for FTX.com, which later turned into a potential bailout by Binance. And within 24 hours, the relief deal soured with Binance pulling out from the non-binding bailout agreement, and FTX facing bankruptcy risks. Contagion fears are also spreading like wild fire again, with BlockFi being the latest victim in the downward spiraling situation.</p><p>Cryptocurrencies have plummeted this week as a result of the latest drama unfolding in real-time within the digital assets industry. Even Thursday’s relief rally on the back of easing inflation signals failed to restore confidence in the risky asset, with Bitcoin prices dipping below $17,000 at one point. Many Bitcoin miners have already either sold their coins or mining equipment to raise cash needed to weather the protracted crypto winter, with some even halting expansion efforts as a pre-emptive measure against rising liquidity pressures:</p><blockquote>Contagion risks in cryptocurrencies, following on from the FTX-Alameda collapse, will take a long time to work through and the market remains vulnerable…We’re going to see definite lower volumes because people are going to hold back at this moment in time.</blockquote><blockquote>Source: Bloomberg</blockquote><p>While Nvidia’s latest release of the A800 chips and the broader market rally on signs of easing inflation this week have largely overshadowed potential contagion risks to demand for its gaming / crypto-mining GPUs, we see the latest crypto rout as a new bout of challenge on the chipmaker’s already-stagnate Gaming segment. As mentioned in the earlier section, Nvidia’s Gaming segment has already seen a significant decline in sales as a result of “softness in Europe related to the war in Ukraine and COVID lockdowns in China” that have been worsened by “lower units and lower ASPs” due to deteriorating macro conditions, and inadvertently, consumer demand. The latest crypto whiplash is likely to bring about further declines in crypto mining activity, thus adding to the Gaming segment’s near-term turmoil given an undisclosed portion of its sales are still linked to crypto mining demand.</p><p>In addition to a contagion impact from the recent crypto debacle on the Gaming segment’s sales, Nvidia also risks another write-off related to its inventory of crypto-mining processors, “CMP”. Although any related amount is not expected to place a material impact on its fundamental nor valuation prospects – for perspective, Nvidia had already reported a $1.32 billion CMP inventory write-down during the fiscal second quarter – it does not bode well for the company’s profit margins, nonetheless. This makes another near-term challenge to consider ahead of its upcoming fiscal third quarter earnings release, as investors’ preference shift towards profitability over growth ahead of an increasingly uncertain market climate.</p><p><b>Final Thoughts</b></p><p>As we have previously noted – when it rains, it pours for Nvidia. The near-term operating environment for the company remains a challenge, and the market backdrop for the stock’s near-term prospects continues to be turbulent. While the latest macro development pertaining to signs of easing inflation makes a positive point for valuation multiples, it is too soon to tell if the related rally is sustainable as price increases remain far out from the Fed’s 2% target. Continued Fed monetary policy tightening into restrictive territory to ensure inflation is under control for good means further deterioration in financial conditions ahead. And the recent easing observed in China’s stringent COVID Zero policies are also adding pressure to a tightening oil market – especially as the OPEC+ slashes production this month to prevent further price declines. With a potential return of demand from the world’s largest oil importer, the tightening oil market today is unlikely to handle such a sudden influx, adding to risks of a rebound in price pressures in the near-term, which corroborates continued hawkishness in the Fed’s policy agenda.</p><p>And while Nvidia’s recent introduction of the A800 is a step in the right direction to mitigate the impact of fraying U.S.-China relations, there is still work to be done to recoup the majority of lost revenues from other verticals as a result of the latest export restrictions. The latest crypto turmoil also brings renewed pressure on the company’s already-staggering Gaming segment.</p><p>Despite a cautious sentiment over Nvidia’s near-term outlook, the company remains well-positioned to capitalize on high-growth opportunities driven by secular demand across multiple verticals in which it specifically caters to over the longer-term. Nvidia’s offerings remain a critical backbone to almost every technology used across all daily life settings today and tomorrow, from HPC applications satisfying cloud-computing demand, to AI applications addressing nascent developments like autonomous mobility and the metaverse. The steadfast confidence in the company’s long-term bullishness is further evidenced by the Nvidia stock’s outsized gains on Thursday. Although further downturns in the stock are expected within the near-term to wipe-out its impressive intra-day gains observed this week, we view them as compelling risk-reward opportunities for longer-term upside potential ahead.</p><p><i>This article is written by </i><i>Livy Investment Research</i><i> for reference only. Please note the risks.</i></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>Nvidia: A800 Chips, Crypto Contagion 2.0, And Macro Deterioration</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; 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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\">\nNvidia: A800 Chips, Crypto Contagion 2.0, And Macro Deterioration\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-12 08:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4556472-nvidia-a800-chips-crypto-contagion-and-macro-deterioration><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryNvidia stock staged a strong intra-day rally of 14% on Thursday after new data showed softer-than-expected price increases in October that harbingers a potential \"dovish response from the Fed\"....</p>\n\n<a href=\"https://seekingalpha.com/article/4556472-nvidia-a800-chips-crypto-contagion-and-macro-deterioration\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"https://seekingalpha.com/article/4556472-nvidia-a800-chips-crypto-contagion-and-macro-deterioration","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2282487556","content_text":"SummaryNvidia stock staged a strong intra-day rally of 14% on Thursday after new data showed softer-than-expected price increases in October that harbingers a potential \"dovish response from the Fed\".The stock's recent gains as a result of mitigating strategies taken against the newly imposed export restrictions to China is also welcome news, underscoring investors' confidence in Nvidia's longer-term prospects.Yet, mounting macroeconomic uncertainties still remain a large overhang on the stock's near-term performance, with renewed concerns of a crypto downturn adding complexity to the Nvidia stock's outlook.The following analysis will walk through some of the latest developments in Nvidia's operating, macro and regulatory environment, and gauge their respective implications on the stock's near-term performance.Justin SullivanThe better-than-expected CPI print for October unleashed a rally in both equities and credits on Thursday (November 10), with the tech-heavy Nasdaq 100 index adding close to $1 trillion in market cap over the span of one session. Nvidia (NASDAQ:NVDA) was one of the biggest gainers, staging a 14% intra-day rally to outperform the broader PHLX Semiconductor Index (SOX).Signs of easing financial conditions is currently a core driver of investors’ confidence, which is corroborated by the strong intra-day gains observed during Thursday’s session. Yet, the broader market climate remains fragile, as the Fed’s monetary policy tightening trajectory has yet to peak, with consumer slowdown only now becoming more prevalent.And specific to Nvidia, the company also faces operating challenges from worsening geopolitical tensions, though its recent release of the A800 data center GPUs exclusive to the Chinese market in compliance with U.S. regulatory requirements is a step in the right direction. But renewed crypto contagion fears are now sparking fresh concerns on the near-term performance of Nvidia’s GPU segment, which is already reeling from a broader decline in global PC demand this year.Regardless of the near-term macro and industry-specific headwinds though, Nvidia’s robust one-day gain on Thursday underscores the strength of investors’ confidence in the stock still, given the underlying business’ positive potential in benefitting from longer-term advances stemming from its massive market share across high-growth verticals spanning high-performance computing (“HPC”) to AI-driven innovations like self-driving vehicles and the metaverse. With market conditions still choppy in the months ahead, the Nvidia stock’s latest rally is likely to fizzle, creating more compelling entry opportunities than its current valuation.Macro OverviewThe Federal Reserve maintained a hawkish tone after raising 75 bps for the fourth time consecutively this year in November as inflation remains far from the desired 2% target. With the October inflation print coming in better-than-expected, market participants are becoming more optimistic that the worst of rapid price increases this year are now behind, playing favorably to desires for a more dovish monetary policy trajectory and improving financial conditions ahead.October headline CPI came in at 7.7%, softer than the average consensus estimate of 7.9%, marking the “smallest annual advance since the start of the year”. Meanwhile, core inflation – which strips the impact of volatile food and energy prices – came in at 6.3%, which is also a welcome improvement from consensus calls for 6.5%. Equities rallied across the board in response to the softer-than-expected inflation print, as it points to early signs of a structural slowdown in pricing increases that the Federal Reserve has been looking for before considering easing its monetary policy tightening plans. The latest improvement in pricing increases is supportive of the Fed’s planned rate hike for 50 bps in December, marking possibly the first deceleration in the pace of tightening since June.Yet, any possibility of a sustained rally on signs of easing inflation and a potential Fed pivot remains remote. At 7.7%, current price increases remain far removed from the Fed’s desired 2% target, which aligns with Fed Chair Jerome Powell’s commentary earlier this month that the terminal rate could end up being higher than previously anticipated as tightening continues into restrictive territory to ensure inflation is contained. The remarks were further reinforced by Dallas Fed President Lorie Logan on Thursday (November 10):Today’s economic conditions are complex, but they can be summarized in five words: Inflation is much too high.Not only is inflation far above the FOMC’s 2 percent target, but with aggregate demand continuing to outstrip supply, inflation has repeatedly come in higher than forecasters expected. This morning’s CPI [Consumer Price Index] data were a welcome relief, but there is still a long way to go.Source: Federal Reserve Bank of DallasWhat this effectively means is that the demand environment for Nvidia will continue to weaken, weighing on its near-term fundamental prospects. The stock’s valuation outlook over coming months will also remain volatile to changes in interest rates, which place a direct impact on multiples that dictate the value of the underlying business’ future prospects.Specifically, on the fundamental front, continued rate hikes and “much too high” inflation implies tightening financial conditions over coming months, especially as ongoing deterioration in consumer sentiment this year now becomes materialized into a real decline in consumer purchasing power. Average personal savings in the U.S. have declined from 3.5% in the second quarter to 3.1% in the third quarter, a far-cry from the “five-year pre-COVID average of [approximately] 7.7%”. Consumers are also increasing reliance on credit card debt to sustain spending as purchasing power declines in the face of surging inflation – consumer credit card debt is now approaching the “pre-pandemic peak of $916 billion in September”, while “real average hourly earnings decreased in October and were down 2.8% from a year earlier… falling each month since April 2021” after adjusting for inflation.Specific to Nvidia, weakening consumer spending is largely reflected through significant underperformance in its consumer-centric Gaming segment during the fiscal second quarter. And conditions have likely remained muted or worsened in the fiscal third quarter, as global PC demand continued on a rapid decline while discretionary purchases of consumer electronics remained stagnated.And on the commercial front, which was previously regarded as relatively recession-resistant compared to the consumer end-market, spending has become more conscious as well based on commentary during the latest third quarter earnings season. Even resilient corporate cloud investments are showing signs of a slowdown or delay amid growing macroeconomic uncertainties, risking weakness in data center investments over the near-term, which would impact the performance of Nvidia’s star segment.And on the valuation front, continued rate hikes are bound to further weigh on multiples. The value of high growth companies like Nvidia, with much of their prospects still being “far out in the future” are becoming increasingly susceptible to heavy discounting as a result of rising capital costs. This circles back to our earlier mention that any rally in the Nvidia stock observed as a result of the latest October inflation print will likely fizzle, as the double-whammy of valuation and fundamental challenges continue to play out over coming months.Implications of the A800 Data Center GPUMoving on from broader market headwinds, Nvidia is also facing industry-specific challenges stemming from intensifying U.S.-China relations as of late. As discussed in detail in our previous coverage on the stock, the latest ban imposed by the U.S. government on exports of advanced semiconductor technologies to China further complexes the operating backdrop for chip makers like Nvidia, which is already reeling from unraveling demand this year. The company had previously reiterated that it does not expect a material impact on its business as a result of the newly imposed restrictions, though the implementation of said export ban could result in a $400 million headwind to fiscal third quarter results.In the latest development, Nvidia has confirmed the production of A800 data center GPUs made exclusively for the Chinese market in response to U.S. regulatory requirements. The A800 chips will be a direct replacement for the A100 that has been effectively banned from being exported to China. The A800 chips, which are also based on Nvidia’s Ampere architecture, will include three variants offering the same specs as the A100 chips. However, the “NVIDIA NVLink” technology implemented, which enables “seamless, high-speed communication between every GPU” within a system to facilitate the compute demands of increasingly complex AI and HPC workloads, will be downgraded from the A100’s standard 600GBps to 400GBps for the A800. The A800 has received regulatory clearance from the U.S. for export to China, with the hardware’s processing speed non-programmable to exceed the 400GBps cap, and thereby “limiting their usefulness” in HPC applications to restrict China’s military advancements. However, the company has yet to provide any immediate reprieve to restricted sales of the upcoming H100 Grace data center CPUs to China as a result of the new rules, which also relies on next-generation NVLink technology capable of at least 1.5x higher performance than existing Ampere-based processors.As analyzed in our previous coverage, we expect Nvidia’s base case 12-month PT to hover around $150 and bull case 12-month PT of $160 as a result of the newly imposed export restrictions in addition to looming macroeconomic challenges. And the recent relief brought by the introduction of the A800 chips exclusive to the Chinese market – the largest source of semiconductor demand – is viewed as a positive development to support the stock’s potential leap beyond the base case PT and approach towards the near-term bull case PT. This is further corroborated by the stock’s intra-day leap of as much as 4% to reach the $150-level on November 8th upon announcement of the A800 chip which began productions in the fiscal third quarter, which was organic to positive investors’ sentiment on the news and separate from any positive macro development.i. Bull Case Financial Forecast and Valuation Analysis:Nvidia Bull Case Financial Forecast (Author)Nvidia Bull Case PT (Author)ii. Base Case Financial Forecast and Valuation Analysis:Nvidia Base Case Financial Forecast (Author)Nvidia Base Case PT (Author)iii. Bear Case Financial Forecast and Valuation Analysis:Nvidia Bear Case Financial Forecast (Author)Nvidia Bear Case PT (Author)However, the total elimination of Chinese demand for Nvidia’s best-selling A100 data center GPUs and H100 data center CPUs will remain an overhang on the company’s near-term fundamental performance. China is still the largest buyer of chips, and with Nvidia’s heavy reliance on HPC/data center sales to make-up for the near-term downturn in its consumer-centric segments, the company is still missing out on a chunk of market share that it would have otherwise been able to capitalize on if it were not for the newly imposed rules. Yet, we see the A800 as a positive development that will not only bring some partial relief to Nvidia’s near-term fundamental performance, but also an indicator of a potential equivalent for the company’s new foray in data center CPUs with its Hopper architecture. We see this as a probable implication for a potential clawback of revenue losses that were previously thought to be permanent due to the U.S.-imposed export curbs, which would be a plus to Nvidia’s near-term valuation prospects.Implications of Crypto Contagion 2.0As previously discussed, lingering crypto headwinds make another overhang that is harder to gauge on Nvidia’s near-term performance. Recall that a non-disclosed portion of Nvidia’s Gaming segment sales are driven by GPU demand from crypto mining, which has experienced a material slowdown this year following the Luna/Terra death spiral (UST-USD / LUNC-USD / LUNA-USD) in May and the Ethereum Merge (ETH-USD) that took place in September.While cryptocurrencies saw some reprieve in prices in late October, earlier hopes of an emergence from the latest crypto winter have been stymied by the latest FTX wind-down. It has been a tumultuous week for crypto. The intensifying feud last weekend between Binance (BNB-USD) founder and CEO Changpeng “CZ” Zhao and FTX founder and CEO Sam Bankman-Fried following the former’s decision to liquidate its holdings in the latter’s FTT coins (FTT-USD) had rapidly turned into a liquidity crunch for FTX.com, which later turned into a potential bailout by Binance. And within 24 hours, the relief deal soured with Binance pulling out from the non-binding bailout agreement, and FTX facing bankruptcy risks. Contagion fears are also spreading like wild fire again, with BlockFi being the latest victim in the downward spiraling situation.Cryptocurrencies have plummeted this week as a result of the latest drama unfolding in real-time within the digital assets industry. Even Thursday’s relief rally on the back of easing inflation signals failed to restore confidence in the risky asset, with Bitcoin prices dipping below $17,000 at one point. Many Bitcoin miners have already either sold their coins or mining equipment to raise cash needed to weather the protracted crypto winter, with some even halting expansion efforts as a pre-emptive measure against rising liquidity pressures:Contagion risks in cryptocurrencies, following on from the FTX-Alameda collapse, will take a long time to work through and the market remains vulnerable…We’re going to see definite lower volumes because people are going to hold back at this moment in time.Source: BloombergWhile Nvidia’s latest release of the A800 chips and the broader market rally on signs of easing inflation this week have largely overshadowed potential contagion risks to demand for its gaming / crypto-mining GPUs, we see the latest crypto rout as a new bout of challenge on the chipmaker’s already-stagnate Gaming segment. As mentioned in the earlier section, Nvidia’s Gaming segment has already seen a significant decline in sales as a result of “softness in Europe related to the war in Ukraine and COVID lockdowns in China” that have been worsened by “lower units and lower ASPs” due to deteriorating macro conditions, and inadvertently, consumer demand. The latest crypto whiplash is likely to bring about further declines in crypto mining activity, thus adding to the Gaming segment’s near-term turmoil given an undisclosed portion of its sales are still linked to crypto mining demand.In addition to a contagion impact from the recent crypto debacle on the Gaming segment’s sales, Nvidia also risks another write-off related to its inventory of crypto-mining processors, “CMP”. Although any related amount is not expected to place a material impact on its fundamental nor valuation prospects – for perspective, Nvidia had already reported a $1.32 billion CMP inventory write-down during the fiscal second quarter – it does not bode well for the company’s profit margins, nonetheless. This makes another near-term challenge to consider ahead of its upcoming fiscal third quarter earnings release, as investors’ preference shift towards profitability over growth ahead of an increasingly uncertain market climate.Final ThoughtsAs we have previously noted – when it rains, it pours for Nvidia. The near-term operating environment for the company remains a challenge, and the market backdrop for the stock’s near-term prospects continues to be turbulent. While the latest macro development pertaining to signs of easing inflation makes a positive point for valuation multiples, it is too soon to tell if the related rally is sustainable as price increases remain far out from the Fed’s 2% target. Continued Fed monetary policy tightening into restrictive territory to ensure inflation is under control for good means further deterioration in financial conditions ahead. And the recent easing observed in China’s stringent COVID Zero policies are also adding pressure to a tightening oil market – especially as the OPEC+ slashes production this month to prevent further price declines. With a potential return of demand from the world’s largest oil importer, the tightening oil market today is unlikely to handle such a sudden influx, adding to risks of a rebound in price pressures in the near-term, which corroborates continued hawkishness in the Fed’s policy agenda.And while Nvidia’s recent introduction of the A800 is a step in the right direction to mitigate the impact of fraying U.S.-China relations, there is still work to be done to recoup the majority of lost revenues from other verticals as a result of the latest export restrictions. The latest crypto turmoil also brings renewed pressure on the company’s already-staggering Gaming segment.Despite a cautious sentiment over Nvidia’s near-term outlook, the company remains well-positioned to capitalize on high-growth opportunities driven by secular demand across multiple verticals in which it specifically caters to over the longer-term. Nvidia’s offerings remain a critical backbone to almost every technology used across all daily life settings today and tomorrow, from HPC applications satisfying cloud-computing demand, to AI applications addressing nascent developments like autonomous mobility and the metaverse. The steadfast confidence in the company’s long-term bullishness is further evidenced by the Nvidia stock’s outsized gains on Thursday. Although further downturns in the stock are expected within the near-term to wipe-out its impressive intra-day gains observed this week, we view them as compelling risk-reward opportunities for longer-term upside potential ahead.This article is written by Livy Investment Research for reference only. Please note the risks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1352,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9914625323,"gmtCreate":1665277549562,"gmtModify":1676537580236,"author":{"id":"3581485181983823","authorId":"3581485181983823","name":"Joel0712","avatar":"https://community-static.tradeup.com/news/d88d0d4b1d64806be714578e542b4f97","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581485181983823","authorIdStr":"3581485181983823"},"themes":[],"htmlText":"Ok&nbsp;","listText":"Ok&nbsp;","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9914625323","repostId":"2273343388","repostType":4,"repost":{"id":"2273343388","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":1665277326,"share":"https://ttm.financial/m/news/2273343388?lang=&edition=full_marsco","pubTime":"2022-10-09 09:02","market":"us","language":"en","title":"Fed's Inflation Fight Has Some Economists Fearing an Unnecessarily Deep Downturn","url":"https://stock-news.laohu8.com/highlight/detail?id=2273343388","media":"Dow Jones","summary":"Some economists fear the Federal Reserve -- humbled after waiting too long to withdraw its support o","content":"<html><head></head><body><p>Some economists fear the Federal Reserve -- humbled after waiting too long to withdraw its support of a booming economy last year -- is risking another blunder by potentially raising interest rates too much to combat high inflation.</p><p>The Fed has lifted rates by 0.75 percentage point at each of its past three meetings, bringing its benchmark federal-funds rate to a range between 3% and 3.25% last month -- the fastest pace of increases since the 1980s. Officials have indicated they could make a fourth increase of 0.75 point at their Nov. 1-2 meeting and raise the rate above 4.5% early next year.</p><p>Fed Chairman Jerome Powell has said the central bank isn&#39;t trying to cause a recession, but it can&#39;t fail in its effort to bring down inflation. &#34;I wish there was a painless way to do that. There isn&#39;t,&#34; he said last month.</p><p>Still, several analysts worry the Fed is on track to raise rates higher than required, potentially triggering a deeper-than-necessary downturn.</p><p>&#34;They&#39;ve done a tremendous amount of tightening,&#34; said Greg Mankiw, a Harvard University economist who advised President George W. Bush. &#34;Recessions are painful for a lot of people. I think Powell&#39;s right that some pain is probably inevitable...but you don&#39;t want to cause more than is necessary.&#34;</p><p>Until June, officials hadn&#39;t lifted rates by 0.75 point, or 75 basis points, since 1994. Instead, they usually preferred making smaller quarter-point increases that gave them more time to see their economic effects.</p><p>&#34;I would slowly ease the foot off the brake,&#34; Mr. Mankiw said. &#34;That means probably for a given meeting, if they&#39;re debating 50 or 75, go with 50 instead of 75.&#34;</p><p>Former Fed Vice Chairman Donald Kohn agrees it is near time for Fed officials to slow their rate increases. &#34;They need to downshift soon. They need to somehow downshift without backing off,&#34; he said.</p><p>Fed officials left rates near zero last year as they focused on spurring a strong labor market recovery. The war in Ukraine this spring sent commodity prices higher and fueled concerns that inflation might become embedded into wage and price contracts.</p><p>&#34;Moving in these 75-basis-point steps was effective when the Fed had a long way to go. It becomes more problematic when they need to calibrate policy more carefully, and I believe we&#39;re approaching that point,&#34; said Brian Sack, who ran the New York Fed&#39;s markets desk from 2009 to 2012 and is now the director of economics at hedge-fund manager D.E. Shaw.</p><p>Some Fed critics say the current surge in inflation is the result of global disruptions rather than an overheated U.S. labor market, and they are pointing to signs that prices have begun to fall for a swath of goods and services, including commodities, freight shipping, and housing.</p><p>Housing costs have contributed notably to inflation in recent months amid large increases over the past year in residential rents. But housing demand is falling sharply as the 30-year mortgage rate nears 7%, a 16-year high -- a direct result of the Fed&#39;s rate increases. Home prices started to fall this summer in more U.S. markets, and economists at Goldman Sachs expect price drops of between 5% and 10% nationally by the end of next year. Apartment rent increases also have begun to slow.</p><p>Asset prices have also taken a beating,  which tends to reduce spending and investment.  A portfolio invested 60% in stocks and 40% in bonds is down nearly 20% this year.</p><p>&#34;The housing market doesn&#39;t look pretty, and that will eventually spread to the rest of the economy,&#34; said Mr. Mankiw. Lower asset prices will, too, at some point, he said.</p><p>Fed officials are cautious about expecting inflation to fall because it has consistently defied such forecasts over the past year. Some have pointed to risks of additional economic disruptions -- for example, higher energy prices this winter if Russia suspends oil sales.</p><p>The strong U.S. labor market is fueling several officials&#39; concerns by making it easy for workers to switch jobs in pursuit of higher pay, putting upward pressures on wages. That could especially be the case if consumer spending keeps shifting away from goods toward more labor-intensive services.</p><p>Eric Rosengren, who headed the Boston Fed from 2007 until last year, said he sees the Fed&#39;s projected policy path as broadly appropriate. &#34;If anything, I think the risks show they&#39;re going to have to raise rates a bit more than they&#39;re suggesting,&#34; he said. &#34;The U.S. economy, to date, looks more resilient than I might have expected given the rate increases that have already occurred.&#34;</p><p>Traditionally, the Fed set policy based on forecasts of inflation, which lags behind changes in output. But officials now are reacting more to the latest inflation data &#34;because they have absolutely zero confidence in their ability to forecast inflation,&#34; said Nathan Sheets, chief global economist at Citigroup. He said he is concerned the Fed will overdo rate rises but concedes inflation in the service sector is &#34;pretty concerning.&#34;</p><p>One risk is that economic activity slows sharply but filters through to inflation measures with a longer-than-usual delay. Wholesale prices of used cars have been dropping in recent months, for example, but this hasn&#39;t shown up broadly in price indexes yet. Housing prices and residential rents are calculated in a way that is particularly lagged.</p><p>Mr. Sheets said waiting for proof that inflation is declining before slowing rate rises means monetary policy could be &#34;held hostage by something you know with high confidence is going to reverse in the coming months.&#34;</p><p>New York Fed President John Williams said last week he expects falling commodity prices and easing bottlenecks to bring inflation to 3% by the end of next year, leaving it still too far above the Fed&#39;s 2% goal.</p><p>Government policy makers focused heavily last year on avoiding the mistakes they thought were made after the 2008 downturn. Some said it would be easier to bring down inflation that overshot the Fed&#39;s 2% target than to lift inflation from below that level.</p><p>Now, officials have signaled they are willing to err on the side of raising rates too much because they don&#39;t want to repeat the mistakes of the early 1970s, when consumers and businesses began to anticipate high inflation, causing prices to keep rising. The Fed ultimately raised interest rates high enough to trigger a severe recession in the early 1980s to bring down prices and break that psychology.</p><p>&#34;There is a record of failed attempts to get inflation under control, which only raises the ultimate costs to society of getting it under control,&#34; Mr. Powell said last month.</p><p>Fed officials have spent considerable time studying the 1970s &#34;and will avoid making those mistakes,&#34; said Diane Swonk, chief economist at accounting firm KPMG. &#34;But it opens the door to a whole host of new mistakes.&#34;</p><p>Mr. Sack said he sees meaningful risks from both too much and too little tightening. &#34;It&#39;s not a completely one-sided story,&#34; he said. &#34;There are also risks from financial markets reacting in an abrupt way to higher rates, or from the slowdown in activity building on itself and becoming harder to control.&#34;</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>Fed's Inflation Fight Has Some Economists Fearing an Unnecessarily Deep Downturn</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's Inflation Fight Has Some Economists Fearing an Unnecessarily Deep Downturn\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\">2022-10-09 09:02</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Some economists fear the Federal Reserve -- humbled after waiting too long to withdraw its support of a booming economy last year -- is risking another blunder by potentially raising interest rates too much to combat high inflation.</p><p>The Fed has lifted rates by 0.75 percentage point at each of its past three meetings, bringing its benchmark federal-funds rate to a range between 3% and 3.25% last month -- the fastest pace of increases since the 1980s. Officials have indicated they could make a fourth increase of 0.75 point at their Nov. 1-2 meeting and raise the rate above 4.5% early next year.</p><p>Fed Chairman Jerome Powell has said the central bank isn&#39;t trying to cause a recession, but it can&#39;t fail in its effort to bring down inflation. &#34;I wish there was a painless way to do that. There isn&#39;t,&#34; he said last month.</p><p>Still, several analysts worry the Fed is on track to raise rates higher than required, potentially triggering a deeper-than-necessary downturn.</p><p>&#34;They&#39;ve done a tremendous amount of tightening,&#34; said Greg Mankiw, a Harvard University economist who advised President George W. Bush. &#34;Recessions are painful for a lot of people. I think Powell&#39;s right that some pain is probably inevitable...but you don&#39;t want to cause more than is necessary.&#34;</p><p>Until June, officials hadn&#39;t lifted rates by 0.75 point, or 75 basis points, since 1994. Instead, they usually preferred making smaller quarter-point increases that gave them more time to see their economic effects.</p><p>&#34;I would slowly ease the foot off the brake,&#34; Mr. Mankiw said. &#34;That means probably for a given meeting, if they&#39;re debating 50 or 75, go with 50 instead of 75.&#34;</p><p>Former Fed Vice Chairman Donald Kohn agrees it is near time for Fed officials to slow their rate increases. &#34;They need to downshift soon. They need to somehow downshift without backing off,&#34; he said.</p><p>Fed officials left rates near zero last year as they focused on spurring a strong labor market recovery. The war in Ukraine this spring sent commodity prices higher and fueled concerns that inflation might become embedded into wage and price contracts.</p><p>&#34;Moving in these 75-basis-point steps was effective when the Fed had a long way to go. It becomes more problematic when they need to calibrate policy more carefully, and I believe we&#39;re approaching that point,&#34; said Brian Sack, who ran the New York Fed&#39;s markets desk from 2009 to 2012 and is now the director of economics at hedge-fund manager D.E. Shaw.</p><p>Some Fed critics say the current surge in inflation is the result of global disruptions rather than an overheated U.S. labor market, and they are pointing to signs that prices have begun to fall for a swath of goods and services, including commodities, freight shipping, and housing.</p><p>Housing costs have contributed notably to inflation in recent months amid large increases over the past year in residential rents. But housing demand is falling sharply as the 30-year mortgage rate nears 7%, a 16-year high -- a direct result of the Fed&#39;s rate increases. Home prices started to fall this summer in more U.S. markets, and economists at Goldman Sachs expect price drops of between 5% and 10% nationally by the end of next year. Apartment rent increases also have begun to slow.</p><p>Asset prices have also taken a beating,  which tends to reduce spending and investment.  A portfolio invested 60% in stocks and 40% in bonds is down nearly 20% this year.</p><p>&#34;The housing market doesn&#39;t look pretty, and that will eventually spread to the rest of the economy,&#34; said Mr. Mankiw. Lower asset prices will, too, at some point, he said.</p><p>Fed officials are cautious about expecting inflation to fall because it has consistently defied such forecasts over the past year. Some have pointed to risks of additional economic disruptions -- for example, higher energy prices this winter if Russia suspends oil sales.</p><p>The strong U.S. labor market is fueling several officials&#39; concerns by making it easy for workers to switch jobs in pursuit of higher pay, putting upward pressures on wages. That could especially be the case if consumer spending keeps shifting away from goods toward more labor-intensive services.</p><p>Eric Rosengren, who headed the Boston Fed from 2007 until last year, said he sees the Fed&#39;s projected policy path as broadly appropriate. &#34;If anything, I think the risks show they&#39;re going to have to raise rates a bit more than they&#39;re suggesting,&#34; he said. &#34;The U.S. economy, to date, looks more resilient than I might have expected given the rate increases that have already occurred.&#34;</p><p>Traditionally, the Fed set policy based on forecasts of inflation, which lags behind changes in output. But officials now are reacting more to the latest inflation data &#34;because they have absolutely zero confidence in their ability to forecast inflation,&#34; said Nathan Sheets, chief global economist at Citigroup. He said he is concerned the Fed will overdo rate rises but concedes inflation in the service sector is &#34;pretty concerning.&#34;</p><p>One risk is that economic activity slows sharply but filters through to inflation measures with a longer-than-usual delay. Wholesale prices of used cars have been dropping in recent months, for example, but this hasn&#39;t shown up broadly in price indexes yet. Housing prices and residential rents are calculated in a way that is particularly lagged.</p><p>Mr. Sheets said waiting for proof that inflation is declining before slowing rate rises means monetary policy could be &#34;held hostage by something you know with high confidence is going to reverse in the coming months.&#34;</p><p>New York Fed President John Williams said last week he expects falling commodity prices and easing bottlenecks to bring inflation to 3% by the end of next year, leaving it still too far above the Fed&#39;s 2% goal.</p><p>Government policy makers focused heavily last year on avoiding the mistakes they thought were made after the 2008 downturn. Some said it would be easier to bring down inflation that overshot the Fed&#39;s 2% target than to lift inflation from below that level.</p><p>Now, officials have signaled they are willing to err on the side of raising rates too much because they don&#39;t want to repeat the mistakes of the early 1970s, when consumers and businesses began to anticipate high inflation, causing prices to keep rising. The Fed ultimately raised interest rates high enough to trigger a severe recession in the early 1980s to bring down prices and break that psychology.</p><p>&#34;There is a record of failed attempts to get inflation under control, which only raises the ultimate costs to society of getting it under control,&#34; Mr. Powell said last month.</p><p>Fed officials have spent considerable time studying the 1970s &#34;and will avoid making those mistakes,&#34; said Diane Swonk, chief economist at accounting firm KPMG. &#34;But it opens the door to a whole host of new mistakes.&#34;</p><p>Mr. Sack said he sees meaningful risks from both too much and too little tightening. &#34;It&#39;s not a completely one-sided story,&#34; he said. &#34;There are also risks from financial markets reacting in an abrupt way to higher rates, or from the slowdown in activity building on itself and becoming harder to control.&#34;</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2273343388","content_text":"Some economists fear the Federal Reserve -- humbled after waiting too long to withdraw its support of a booming economy last year -- is risking another blunder by potentially raising interest rates too much to combat high inflation.The Fed has lifted rates by 0.75 percentage point at each of its past three meetings, bringing its benchmark federal-funds rate to a range between 3% and 3.25% last month -- the fastest pace of increases since the 1980s. Officials have indicated they could make a fourth increase of 0.75 point at their Nov. 1-2 meeting and raise the rate above 4.5% early next year.Fed Chairman Jerome Powell has said the central bank isn't trying to cause a recession, but it can't fail in its effort to bring down inflation. \"I wish there was a painless way to do that. There isn't,\" he said last month.Still, several analysts worry the Fed is on track to raise rates higher than required, potentially triggering a deeper-than-necessary downturn.\"They've done a tremendous amount of tightening,\" said Greg Mankiw, a Harvard University economist who advised President George W. Bush. \"Recessions are painful for a lot of people. I think Powell's right that some pain is probably inevitable...but you don't want to cause more than is necessary.\"Until June, officials hadn't lifted rates by 0.75 point, or 75 basis points, since 1994. Instead, they usually preferred making smaller quarter-point increases that gave them more time to see their economic effects.\"I would slowly ease the foot off the brake,\" Mr. Mankiw said. \"That means probably for a given meeting, if they're debating 50 or 75, go with 50 instead of 75.\"Former Fed Vice Chairman Donald Kohn agrees it is near time for Fed officials to slow their rate increases. \"They need to downshift soon. They need to somehow downshift without backing off,\" he said.Fed officials left rates near zero last year as they focused on spurring a strong labor market recovery. The war in Ukraine this spring sent commodity prices higher and fueled concerns that inflation might become embedded into wage and price contracts.\"Moving in these 75-basis-point steps was effective when the Fed had a long way to go. It becomes more problematic when they need to calibrate policy more carefully, and I believe we're approaching that point,\" said Brian Sack, who ran the New York Fed's markets desk from 2009 to 2012 and is now the director of economics at hedge-fund manager D.E. Shaw.Some Fed critics say the current surge in inflation is the result of global disruptions rather than an overheated U.S. labor market, and they are pointing to signs that prices have begun to fall for a swath of goods and services, including commodities, freight shipping, and housing.Housing costs have contributed notably to inflation in recent months amid large increases over the past year in residential rents. But housing demand is falling sharply as the 30-year mortgage rate nears 7%, a 16-year high -- a direct result of the Fed's rate increases. Home prices started to fall this summer in more U.S. markets, and economists at Goldman Sachs expect price drops of between 5% and 10% nationally by the end of next year. Apartment rent increases also have begun to slow.Asset prices have also taken a beating,  which tends to reduce spending and investment.  A portfolio invested 60% in stocks and 40% in bonds is down nearly 20% this year.\"The housing market doesn't look pretty, and that will eventually spread to the rest of the economy,\" said Mr. Mankiw. Lower asset prices will, too, at some point, he said.Fed officials are cautious about expecting inflation to fall because it has consistently defied such forecasts over the past year. Some have pointed to risks of additional economic disruptions -- for example, higher energy prices this winter if Russia suspends oil sales.The strong U.S. labor market is fueling several officials' concerns by making it easy for workers to switch jobs in pursuit of higher pay, putting upward pressures on wages. That could especially be the case if consumer spending keeps shifting away from goods toward more labor-intensive services.Eric Rosengren, who headed the Boston Fed from 2007 until last year, said he sees the Fed's projected policy path as broadly appropriate. \"If anything, I think the risks show they're going to have to raise rates a bit more than they're suggesting,\" he said. \"The U.S. economy, to date, looks more resilient than I might have expected given the rate increases that have already occurred.\"Traditionally, the Fed set policy based on forecasts of inflation, which lags behind changes in output. But officials now are reacting more to the latest inflation data \"because they have absolutely zero confidence in their ability to forecast inflation,\" said Nathan Sheets, chief global economist at Citigroup. He said he is concerned the Fed will overdo rate rises but concedes inflation in the service sector is \"pretty concerning.\"One risk is that economic activity slows sharply but filters through to inflation measures with a longer-than-usual delay. Wholesale prices of used cars have been dropping in recent months, for example, but this hasn't shown up broadly in price indexes yet. Housing prices and residential rents are calculated in a way that is particularly lagged.Mr. Sheets said waiting for proof that inflation is declining before slowing rate rises means monetary policy could be \"held hostage by something you know with high confidence is going to reverse in the coming months.\"New York Fed President John Williams said last week he expects falling commodity prices and easing bottlenecks to bring inflation to 3% by the end of next year, leaving it still too far above the Fed's 2% goal.Government policy makers focused heavily last year on avoiding the mistakes they thought were made after the 2008 downturn. Some said it would be easier to bring down inflation that overshot the Fed's 2% target than to lift inflation from below that level.Now, officials have signaled they are willing to err on the side of raising rates too much because they don't want to repeat the mistakes of the early 1970s, when consumers and businesses began to anticipate high inflation, causing prices to keep rising. The Fed ultimately raised interest rates high enough to trigger a severe recession in the early 1980s to bring down prices and break that psychology.\"There is a record of failed attempts to get inflation under control, which only raises the ultimate costs to society of getting it under control,\" Mr. Powell said last month.Fed officials have spent considerable time studying the 1970s \"and will avoid making those mistakes,\" said Diane Swonk, chief economist at accounting firm KPMG. \"But it opens the door to a whole host of new mistakes.\"Mr. Sack said he sees meaningful risks from both too much and too little tightening. \"It's not a completely one-sided story,\" he said. \"There are also risks from financial markets reacting in an abrupt way to higher rates, or from the slowdown in activity building on itself and becoming harder to control.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":933,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9912149338,"gmtCreate":1664779190325,"gmtModify":1676537507176,"author":{"id":"3581485181983823","authorId":"3581485181983823","name":"Joel0712","avatar":"https://community-static.tradeup.com/news/d88d0d4b1d64806be714578e542b4f97","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581485181983823","authorIdStr":"3581485181983823"},"themes":[],"htmlText":"OK","listText":"OK","text":"OK","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9912149338","repostId":"2272777026","repostType":2,"repost":{"id":"2272777026","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":"T-Reuters","id":"1086160438","head_image":"https://static.tigerbbs.com/a113a995fbbc262262d15a5ce37e7bc5"},"pubTimestamp":1664777323,"share":"https://ttm.financial/m/news/2272777026?lang=&edition=full_marsco","pubTime":"2022-10-03 14:08","market":"us","language":"en","title":"Credit Suisse Property Fund Postpones Planned Capital Hike","url":"https://stock-news.laohu8.com/highlight/detail?id=2272777026","media":"T-Reuters","summary":"(Reuters) - The management of Credit Suisse Real Estate Fund Green Property has postponed a capital ","content":"<html><head></head><body><p>(Reuters) - The management of Credit Suisse Real Estate Fund Green Property has postponed a capital increase announced for the fourth quarter, citing high volatility for property funds and a market environment which has deteriorated significantly.</p><p>The Swiss bank said on Monday a successful issue in the fourth quarter could not be guaranteed.</p><p>&#34;The fund management will closely monitor the development of the market and will decide in due course on a possible implementation of the capital increase for Credit Suisse Real Estate Fund Green Property,&#34; it added.</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>Credit Suisse Property Fund Postpones Planned Capital Hike</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\">\nCredit Suisse Property Fund Postpones Planned Capital Hike\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086160438\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a113a995fbbc262262d15a5ce37e7bc5);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">T-Reuters </p>\n<p class=\"h-time\">2022-10-03 14:08</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) - The management of Credit Suisse Real Estate Fund Green Property has postponed a capital increase announced for the fourth quarter, citing high volatility for property funds and a market environment which has deteriorated significantly.</p><p>The Swiss bank said on Monday a successful issue in the fourth quarter could not be guaranteed.</p><p>&#34;The fund management will closely monitor the development of the market and will decide in due course on a possible implementation of the capital increase for Credit Suisse Real Estate Fund Green Property,&#34; it added.</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":"2272777026","content_text":"(Reuters) - The management of Credit Suisse Real Estate Fund Green Property has postponed a capital increase announced for the fourth quarter, citing high volatility for property funds and a market environment which has deteriorated significantly.The Swiss bank said on Monday a successful issue in the fourth quarter could not be guaranteed.\"The fund management will closely monitor the development of the market and will decide in due course on a possible implementation of the capital increase for Credit Suisse Real Estate Fund Green Property,\" it added.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1355,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9918401383,"gmtCreate":1664423525543,"gmtModify":1676537452535,"author":{"id":"3581485181983823","authorId":"3581485181983823","name":"Joel0712","avatar":"https://community-static.tradeup.com/news/d88d0d4b1d64806be714578e542b4f97","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581485181983823","authorIdStr":"3581485181983823"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9918401383","repostId":"2271737074","repostType":4,"repost":{"id":"2271737074","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":1664406595,"share":"https://ttm.financial/m/news/2271737074?lang=&edition=full_marsco","pubTime":"2022-09-29 07:09","market":"us","language":"en","title":"US STOCKS-Wall Street Ends Sharply Higher as Treasury Yields Dip","url":"https://stock-news.laohu8.com/highlight/detail?id=2271737074","media":"Reuters","summary":"Apple drops on concerns about iPhone demandTreasury prices rebound after BoE decisionS&P 500 records largest one-day gain since Aug. 10Indexes: Dow +1.88%, S&P 500 +1.97%, Nasdaq +2.05%Sept 28 (Reuter","content":"<html><head></head><body><ul><li>Apple drops on concerns about iPhone demand</li><li>Treasury prices rebound after BoE decision</li><li>S&amp;P 500 records largest one-day gain since Aug. 10</li><li>Indexes: Dow +1.88%, S&amp;P 500 +1.97%, Nasdaq +2.05%</li></ul><p>Sept 28 (Reuters) - Wall Street ended sharply higher on Wednesday following its recent sell-off, helped by falling Treasury yields, while Apple dropped on concerns about demand for iPhones.</p><p>The S&amp;P 500 recorded its first gain in seven sessions after closing on Tuesday at its lowest since late 2020.</p><p>Interest rate-sensitive megacaps Microsoft, Amazon and <a href=\"https://laohu8.com/S/META\">Meta Platforms</a> rallied as the yield on 10-year Treasury notes fell over 0.26 percentage point in its biggest one-day drop since 2009.</p><p>Pushing yields lower on Treasuries with maturities six months and longer, the Bank of England said it would buy long-dated British bonds in a move aimed at restoring financial stability in markets rocked globally by the fiscal policy of the new government in London.</p><p>&#34;The yield on the two-year Treasury has gone up persistently over the course of the last several weeks, and for the first time we&#39;ve seen it go down for two days in a row, and that has given equities a breather,&#34; said Art Hogan, chief market strategist at B. Riley Wealth.</p><p>Investors have been keenly listening to comments from Federal Reserve officials about the path of monetary policy, with Atlanta Fed President Raphael Bostic on Wednesday backing another 75-basis-point interest rate hike in November. The Fed will likely get borrowing costs to where they need to be by early next year, Federal Reserve Bank of Chicago President Charles Evans said.</p><p>U.S. stocks have been battered in 2022 by worries that an aggressive push by the Fed to raise borrowing costs could throw the economy into a downturn.</p><p>Apple Inc dropped 1.3% after Bloomberg reported the company is dropping plans to increase production of its new iPhones this year after an anticipated surge in demand failed to materialize.</p><p>Apple has been a relative outperformer in 2022&#39;s stock market sell-off, down about 15% in the year to date, versus the S&amp;P 500&#39;s 22% loss.</p><p>All of the 11 S&amp;P 500 sector indexes rose, led by a 4.4% jump in energy and a 3.2% leap in communication services .</p><p>The Dow Jones Industrial Average rose 1.88% to end at 29,683.74 points, while the S&amp;P 500 gained 1.97% to 3,719.04. It was the S&amp;P 500&#39;s largest one-day gain since Aug. 10.</p><p>The Nasdaq Composite jumped 2.05% to 11,051.64.</p><p>Biogen Inc surged 40% after saying its experimental Alzheimer&#39;s drug, developed with Japanese partner Eisai Co Ltd , succeeded in slowing cognitive decline.</p><p>Eli Lilly &amp; Co, which is also developing an Alzheimer&#39;s drug, jumped 7.5%, and it was among the biggest boosts to the S&amp;P 500 index.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 5.82-to-1 ratio; on Nasdaq, a 3.66-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted one new 52-week high and 30 new lows; the Nasdaq Composite recorded 26 new highs and 224 new lows.</p><p>Volume on U.S. exchanges was 11.7 billion shares, compared with an 11.4 billion average for the full session over the last 20 trading days.</p><p><img src=\"https://static.tigerbbs.com/da8e9a6ce881361e45c74a1b02609eaf\" tg-width=\"1080\" tg-height=\"1920\" width=\"100%\" height=\"auto\"/></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>US STOCKS-Wall Street Ends Sharply Higher as Treasury Yields Dip</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; 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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\">\nUS STOCKS-Wall Street Ends Sharply Higher as Treasury Yields Dip\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\">2022-09-29 07:09</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul><li>Apple drops on concerns about iPhone demand</li><li>Treasury prices rebound after BoE decision</li><li>S&amp;P 500 records largest one-day gain since Aug. 10</li><li>Indexes: Dow +1.88%, S&amp;P 500 +1.97%, Nasdaq +2.05%</li></ul><p>Sept 28 (Reuters) - Wall Street ended sharply higher on Wednesday following its recent sell-off, helped by falling Treasury yields, while Apple dropped on concerns about demand for iPhones.</p><p>The S&amp;P 500 recorded its first gain in seven sessions after closing on Tuesday at its lowest since late 2020.</p><p>Interest rate-sensitive megacaps Microsoft, Amazon and <a href=\"https://laohu8.com/S/META\">Meta Platforms</a> rallied as the yield on 10-year Treasury notes fell over 0.26 percentage point in its biggest one-day drop since 2009.</p><p>Pushing yields lower on Treasuries with maturities six months and longer, the Bank of England said it would buy long-dated British bonds in a move aimed at restoring financial stability in markets rocked globally by the fiscal policy of the new government in London.</p><p>&#34;The yield on the two-year Treasury has gone up persistently over the course of the last several weeks, and for the first time we&#39;ve seen it go down for two days in a row, and that has given equities a breather,&#34; said Art Hogan, chief market strategist at B. Riley Wealth.</p><p>Investors have been keenly listening to comments from Federal Reserve officials about the path of monetary policy, with Atlanta Fed President Raphael Bostic on Wednesday backing another 75-basis-point interest rate hike in November. The Fed will likely get borrowing costs to where they need to be by early next year, Federal Reserve Bank of Chicago President Charles Evans said.</p><p>U.S. stocks have been battered in 2022 by worries that an aggressive push by the Fed to raise borrowing costs could throw the economy into a downturn.</p><p>Apple Inc dropped 1.3% after Bloomberg reported the company is dropping plans to increase production of its new iPhones this year after an anticipated surge in demand failed to materialize.</p><p>Apple has been a relative outperformer in 2022&#39;s stock market sell-off, down about 15% in the year to date, versus the S&amp;P 500&#39;s 22% loss.</p><p>All of the 11 S&amp;P 500 sector indexes rose, led by a 4.4% jump in energy and a 3.2% leap in communication services .</p><p>The Dow Jones Industrial Average rose 1.88% to end at 29,683.74 points, while the S&amp;P 500 gained 1.97% to 3,719.04. It was the S&amp;P 500&#39;s largest one-day gain since Aug. 10.</p><p>The Nasdaq Composite jumped 2.05% to 11,051.64.</p><p>Biogen Inc surged 40% after saying its experimental Alzheimer&#39;s drug, developed with Japanese partner Eisai Co Ltd , succeeded in slowing cognitive decline.</p><p>Eli Lilly &amp; Co, which is also developing an Alzheimer&#39;s drug, jumped 7.5%, and it was among the biggest boosts to the S&amp;P 500 index.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 5.82-to-1 ratio; on Nasdaq, a 3.66-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted one new 52-week high and 30 new lows; the Nasdaq Composite recorded 26 new highs and 224 new lows.</p><p>Volume on U.S. exchanges was 11.7 billion shares, compared with an 11.4 billion average for the full session over the last 20 trading days.</p><p><img src=\"https://static.tigerbbs.com/da8e9a6ce881361e45c74a1b02609eaf\" tg-width=\"1080\" tg-height=\"1920\" width=\"100%\" height=\"auto\"/></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":"2271737074","content_text":"Apple drops on concerns about iPhone demandTreasury prices rebound after BoE decisionS&P 500 records largest one-day gain since Aug. 10Indexes: Dow +1.88%, S&P 500 +1.97%, Nasdaq +2.05%Sept 28 (Reuters) - Wall Street ended sharply higher on Wednesday following its recent sell-off, helped by falling Treasury yields, while Apple dropped on concerns about demand for iPhones.The S&P 500 recorded its first gain in seven sessions after closing on Tuesday at its lowest since late 2020.Interest rate-sensitive megacaps Microsoft, Amazon and Meta Platforms rallied as the yield on 10-year Treasury notes fell over 0.26 percentage point in its biggest one-day drop since 2009.Pushing yields lower on Treasuries with maturities six months and longer, the Bank of England said it would buy long-dated British bonds in a move aimed at restoring financial stability in markets rocked globally by the fiscal policy of the new government in London.\"The yield on the two-year Treasury has gone up persistently over the course of the last several weeks, and for the first time we've seen it go down for two days in a row, and that has given equities a breather,\" said Art Hogan, chief market strategist at B. Riley Wealth.Investors have been keenly listening to comments from Federal Reserve officials about the path of monetary policy, with Atlanta Fed President Raphael Bostic on Wednesday backing another 75-basis-point interest rate hike in November. The Fed will likely get borrowing costs to where they need to be by early next year, Federal Reserve Bank of Chicago President Charles Evans said.U.S. stocks have been battered in 2022 by worries that an aggressive push by the Fed to raise borrowing costs could throw the economy into a downturn.Apple Inc dropped 1.3% after Bloomberg reported the company is dropping plans to increase production of its new iPhones this year after an anticipated surge in demand failed to materialize.Apple has been a relative outperformer in 2022's stock market sell-off, down about 15% in the year to date, versus the S&P 500's 22% loss.All of the 11 S&P 500 sector indexes rose, led by a 4.4% jump in energy and a 3.2% leap in communication services .The Dow Jones Industrial Average rose 1.88% to end at 29,683.74 points, while the S&P 500 gained 1.97% to 3,719.04. It was the S&P 500's largest one-day gain since Aug. 10.The Nasdaq Composite jumped 2.05% to 11,051.64.Biogen Inc surged 40% after saying its experimental Alzheimer's drug, developed with Japanese partner Eisai Co Ltd , succeeded in slowing cognitive decline.Eli Lilly & Co, which is also developing an Alzheimer's drug, jumped 7.5%, and it was among the biggest boosts to the S&P 500 index.Advancing issues outnumbered declining ones on the NYSE by a 5.82-to-1 ratio; on Nasdaq, a 3.66-to-1 ratio favored advancers.The S&P 500 posted one new 52-week high and 30 new lows; the Nasdaq Composite recorded 26 new highs and 224 new lows.Volume on U.S. exchanges was 11.7 billion shares, compared with an 11.4 billion average for the full session over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1253,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9933739976,"gmtCreate":1662342711495,"gmtModify":1676537040543,"author":{"id":"3581485181983823","authorId":"3581485181983823","name":"Joel0712","avatar":"https://community-static.tradeup.com/news/d88d0d4b1d64806be714578e542b4f97","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581485181983823","authorIdStr":"3581485181983823"},"themes":[],"htmlText":"Ok&nbsp;","listText":"Ok&nbsp;","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9933739976","repostId":"2265749449","repostType":4,"repost":{"id":"2265749449","kind":"highlight","pubTimestamp":1662332817,"share":"https://ttm.financial/m/news/2265749449?lang=&edition=full_marsco","pubTime":"2022-09-05 07:06","market":"us","language":"en","title":"GameStop, Apple, Kroger, NIO, and Other Stocks for Investors to Watch This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=2265749449","media":"Barron's","summary":"U.S. stock and bond markets will be closed on Monday for Labor Day. It's a quiet week on the earning","content":"<html><head></head><body><p>U.S. stock and bond markets will be closed on Monday for Labor Day. It&#39;s a quiet week on the earnings calendar once investors return from the long weekend, but a few major economic-data releases should grab plenty of attention.</p><p>Results this week will come from GameStop and NIO on Wednesday, DocuSign and Zscaler on Thursday, and Kroger on Friday. Apple will also host a product launch event on Wednesday, when it is expected to unveil a new lineup of iPhones and Apple Watches.</p><p>Economic data releases next week include the Institute for Supply Management&#39;s Services Purchasing Managers&#39; Index for August on Tuesday. The consensus estimate is for the index to decline by about three points, to 54.</p><p>Other data for investors and economists to watch next week will be the Federal Reserve&#39;s sixth beige book of the year on Wednesday and the Department of Labor&#39;s initial jobless claims for the latest week on Thursday.</p><p>The European Central Bank also announces a monetary-policy decision on Thursday. Futures markets are pricing in the greatest odds of a 75-basis-point hike, which would bring ECB&#39;s benchmark interest-rate target to 0.75%.</p><p><b>Monday 9/5</b></p><p>Equity and fixed-income markets are closed in observance of Labor Day.</p><p><b>Tuesday 9/6</b></p><p>The Institute for Supply Management releases its Services Purchasing Managers&#39; Index for August. Consensus estimate is for a 54 reading, about three points lower than in July. The index is well off its record high of 68.4 from November, but still above the expansionary level of 50.</p><p><b>Wednesday 9/7</b></p><p>Appleholds a launch event, titled &#34;Far Out,&#34; at its headquarters in Cupertino, Calif. The company is expected to unveil four new iPhone 14 models and three new Apple Watches, along with other products.</p><p>GameStop and NIO report quarterly results.</p><p>The Federal Reserve releases the beige book for the sixth of eight times this year. The report summarizes current economic conditions with anecdotal data collected by the 12 regional Federal Reserve banks.</p><p>The Mortgage Bankers Association releases its mortgage application survey for the week ending on Sept. 2. Mortgage applications have dropped for three consecutive weeks and are at a multidecade low amid record-high home prices and surging mortgage rates.</p><p><b>Thursday 9/8</b></p><p>DocuSign and Zscaler hold conference calls to discuss quarterly earnings.</p><p>Moderna hosts a research and development day, with presentations from its executive leadership, including CEO Stéphane Bancel.</p><p>The European Central Bank announces its monetary-policy decision. Traders are pricing in a 60% chance of a jumbo-size 75-basis-point hike, which would bring ECB&#39;s deposit facility rate to 0.75%. At its last meeting, in July, the central bank lifted its key interest rate by half a percentage point, from negative 0.5% to zero. It has been just over a decade since the deposit facility rate was last above zero.</p><p>The Department of Labor reports initial jobless claims for the week ending on Sept. 3. Claims averaged 241,500 in August, and have risen steadily this year from historically low levels.</p><p><b>Friday 9/9</b></p><p>Kroger reports second-quarter fiscal-2023 results.</p><p>Tapestry, the parent company of fashion brands Coach and Kate Spade, holds an investor day at its headquarters in New York. The company will discuss its long-term strategic initiatives and update its financial outlook.</p><p>The Federal Reserve releases the Financial Accounts of the United States for the second quarter. The report gives a snapshot of the nation&#39;s household net worth and debt. In the first quarter, household net worth fell by $544 billion, to $149.3 trillion. It was the first decline since the first quarter of 2020. With the S&amp;P 500 index plunging more than 16% in the second quarter, it&#39;s very likely that the report will show another decrease.</p></body></html>","source":"lsy1610680873436","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>GameStop, Apple, Kroger, NIO, and Other Stocks for Investors to Watch This Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGameStop, Apple, Kroger, NIO, and Other Stocks for Investors to Watch This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-05 07:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/gamestop-apple-kroger-nio-and-other-stocks-for-investors-to-watch-this-week-51662318000?mod=hp_LATEST><strong>Barron's</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>U.S. stock and bond markets will be closed on Monday for Labor Day. It's a quiet week on the earnings calendar once investors return from the long weekend, but a few major economic-data releases ...</p>\n\n<a href=\"https://www.barrons.com/articles/gamestop-apple-kroger-nio-and-other-stocks-for-investors-to-watch-this-week-51662318000?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"KR":"克罗格","NIO":"蔚来",".DJI":"道琼斯","GME":"游戏驿站","ZS":"Zscaler Inc.","DOCU":"Docusign",".IXIC":"NASDAQ Composite","AAPL":"苹果",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/gamestop-apple-kroger-nio-and-other-stocks-for-investors-to-watch-this-week-51662318000?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2265749449","content_text":"U.S. stock and bond markets will be closed on Monday for Labor Day. It's a quiet week on the earnings calendar once investors return from the long weekend, but a few major economic-data releases should grab plenty of attention.Results this week will come from GameStop and NIO on Wednesday, DocuSign and Zscaler on Thursday, and Kroger on Friday. Apple will also host a product launch event on Wednesday, when it is expected to unveil a new lineup of iPhones and Apple Watches.Economic data releases next week include the Institute for Supply Management's Services Purchasing Managers' Index for August on Tuesday. The consensus estimate is for the index to decline by about three points, to 54.Other data for investors and economists to watch next week will be the Federal Reserve's sixth beige book of the year on Wednesday and the Department of Labor's initial jobless claims for the latest week on Thursday.The European Central Bank also announces a monetary-policy decision on Thursday. Futures markets are pricing in the greatest odds of a 75-basis-point hike, which would bring ECB's benchmark interest-rate target to 0.75%.Monday 9/5Equity and fixed-income markets are closed in observance of Labor Day.Tuesday 9/6The Institute for Supply Management releases its Services Purchasing Managers' Index for August. Consensus estimate is for a 54 reading, about three points lower than in July. The index is well off its record high of 68.4 from November, but still above the expansionary level of 50.Wednesday 9/7Appleholds a launch event, titled \"Far Out,\" at its headquarters in Cupertino, Calif. The company is expected to unveil four new iPhone 14 models and three new Apple Watches, along with other products.GameStop and NIO report quarterly results.The Federal Reserve releases the beige book for the sixth of eight times this year. The report summarizes current economic conditions with anecdotal data collected by the 12 regional Federal Reserve banks.The Mortgage Bankers Association releases its mortgage application survey for the week ending on Sept. 2. Mortgage applications have dropped for three consecutive weeks and are at a multidecade low amid record-high home prices and surging mortgage rates.Thursday 9/8DocuSign and Zscaler hold conference calls to discuss quarterly earnings.Moderna hosts a research and development day, with presentations from its executive leadership, including CEO Stéphane Bancel.The European Central Bank announces its monetary-policy decision. Traders are pricing in a 60% chance of a jumbo-size 75-basis-point hike, which would bring ECB's deposit facility rate to 0.75%. At its last meeting, in July, the central bank lifted its key interest rate by half a percentage point, from negative 0.5% to zero. It has been just over a decade since the deposit facility rate was last above zero.The Department of Labor reports initial jobless claims for the week ending on Sept. 3. Claims averaged 241,500 in August, and have risen steadily this year from historically low levels.Friday 9/9Kroger reports second-quarter fiscal-2023 results.Tapestry, the parent company of fashion brands Coach and Kate Spade, holds an investor day at its headquarters in New York. The company will discuss its long-term strategic initiatives and update its financial outlook.The Federal Reserve releases the Financial Accounts of the United States for the second quarter. The report gives a snapshot of the nation's household net worth and debt. In the first quarter, household net worth fell by $544 billion, to $149.3 trillion. It was the first decline since the first quarter of 2020. With the S&P 500 index plunging more than 16% in the second quarter, it's very likely that the report will show another decrease.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1814,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9933176950,"gmtCreate":1662255976670,"gmtModify":1676537025007,"author":{"id":"3581485181983823","authorId":"3581485181983823","name":"Joel0712","avatar":"https://community-static.tradeup.com/news/d88d0d4b1d64806be714578e542b4f97","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581485181983823","authorIdStr":"3581485181983823"},"themes":[],"htmlText":"Ok&nbsp;","listText":"Ok&nbsp;","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9933176950","repostId":"1121703727","repostType":4,"repost":{"id":"1121703727","kind":"news","pubTimestamp":1662255934,"share":"https://ttm.financial/m/news/1121703727?lang=&edition=full_marsco","pubTime":"2022-09-04 09:45","market":"us","language":"en","title":"Why Meta Platforms Stock Could Break To The Upside In October","url":"https://stock-news.laohu8.com/highlight/detail?id=1121703727","media":"Seeking Alpha","summary":"SummaryI am a big Meta bull, as I believe the company's stock is deeply undervalued as compared to c","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>I am a big Meta bull, as I believe the company&#39;s stock is deeply undervalued as compared to current fundamentals and future growth potential.</li><li>In this article I will provide investors with an important update regarding Mark Zuckerberg&#39;s Metaverse strategy: the launch of a new high-end VR console.</li><li>Cambria could be the upside catalyst which proves that Meta remains one of the world&#39;s leading tech companies, and that the investments in R&amp;D are not wasted.</li><li>Cambria’s key new technology features will be better display resolutions as well as eye and face tracking.</li><li>Investors who trade options might like to have a look at the 105/115%-Moneyness Call spreads with October 28 expiry. The trade offers a payout of 4:1.</li></ul><p><b>Thesis</b></p><p>I am a big Meta (NASDAQ:META) bull, as I believe the company&#39;s stock is deeply undervalued as compared to current fundamentals and future growth potential. But the market arguably disagrees. Ever since Mark Zuckerberg presented his vision for the &#39;Metaverse&#39; the company&#39;s stock has entered a vicious bear market. And META stock is down more than 55% from all-time highs.</p><p><img src=\"https://static.tigerbbs.com/880c87d19986febd99fda257e49f17e7\" tg-width=\"640\" tg-height=\"227\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Seeking Alpha</p><p>In my article Meta Platforms Stock: Exposing Senseless NarrativesI claimed the market is making a mistake, arguing against the TikTok narrative (1), the no-growth narrative (2), and the anti-metaverse narrative (3).</p><p>In this article I will provide investors with an important update regarding Mark Zuckerberg&#39;s Metaverse strategy - the launch of a new high-end VR console. This, in my opinion, could likely be the upside catalyst which proves to the market that Meta Platforms is one of the world&#39;s leading tech companies, and that the investments in R&amp;D are not wasted after all.</p><p><b>Excited About The Metaverse</b></p><p>Meta announced earnings for the June quarter 2022on 27 July and delivered numbers slightly below analyst consensus. However, the &#39;recessionary&#39; environment for digital advertisers has already been well noted after Snap&#39;s (SNAP) profit warning in May. Accordingly, I personally was much more focused on Zuckerberg’s qualitative comments during the analyst conference call.</p><p>One of the most interesting aspects of Meta&#39;s earnings call was related to Zuckerberg&#39;s comments regarding the Metaverse. He, like me, is still very excited about this opportunity, and it is good to see that he is pushing the vision forward, despite the market&#39;s negative sentiment regarding the Metaverse&#39;s economic potential. Zuckerberg said(emphasis added):</p><blockquote><i>I feel even more strongly now that developing these platforms will unlock hundreds of billions of dollars,</i><i><b>if not trillions</b></i><i>, over time.</i></blockquote><p>Arguably, one of the key reasons for Zuckerberg&#39;s optimism was connected to the awaited launch of &#39;Project Cambria&#39;, which has been scheduled to be released as early as Q3 2022. Zuckerberg commented:</p><blockquote><i>Later this year we&#39;ll release Project Cambria - and the experience here is getting pretty awesome.</i></blockquote><p><b>Upside Catalyst: Project Cambria</b></p><p>Project Cambria has been teased in 2021 and is thought to be the next evolution of Meta&#39;s popular Quest 2 headset. Arguably, Cambria’s key new technology features will be better display resolutions as well as eye and face tracking. Joe Rogan, who has enjoyed the opportunity to try the device, has been fascinated by the technology:</p><blockquote><i>It’s so interesting when you put it on ... I’ll just describe it to people: When you put it on there was an avatar in front of me and it was an alien woman. And the alien woman, when I moved my mouth, she moved her mouth. When I moved my eyes left and right, she’s tracking my eyes. When I make an angry face it makes an angry face. When you go &#39;ooh!&#39; ... it’s incredible.</i></blockquote><p>Joe Rogan also added:</p><blockquote><i>You know ... Oculus is awesome. It&#39;s very impressive. It&#39;s very cool.</i></blockquote><p>And there should be no doubt that when Joe Rogan says something, he really means it. Zuckerberg himself said:</p><blockquote><i>It&#39;ll be a high-end device focused on professional users and work, with high resolution color mixed reality … I think people are going to be pretty blown away by this.</i></blockquote><p>It is also expected that Meta&#39;s new virtual reality headset will allow for AR experiences, which would allow users to engage their real-world surroundings with the VR technology. This, in my opinion, would support a wide range of activities in the context of work, fitness and gaming. The Cambria headset is expected to bepriced at approximately $800.</p><p><b>Conclusion</b></p><p><b>Investor Implication</b></p><p>I continue to believe that META stock is deeply undervalued. And I continue to sustain the claim that the stock&#39;s fair implied price is somewhere around $280/share. But so far, the market has not agreed. This could change rapidly, in my opinion, once investors see more tangible results in connection to Zuckerberg&#39;s Metaverse strategy. Project Cambria could serve as a potential catalyst.</p><p>Personally, I am very excited for Meta&#39;s new VR/AR headset, and I believe the launch of this technology will underscore the company&#39;s leading position as a true tech company. Investor sentiment is poised to change accordingly.</p><p><b>Trade Recommendation</b></p><p>Investors who trade options might like to have a look at the 105/115%-Moneyness Call spreads with October 28 expiry. Based on the implied volatility of 42% as of September 2nd, the trade would give a payout of approximately 4:1, if META shares close above 115% moneyness at expiration (ref, ca. 190 strike).</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>Why Meta Platforms Stock Could Break To The Upside In October</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\">\nWhy Meta Platforms Stock Could Break To The Upside In October\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-04 09:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4538805-meta-platforms-stock-potential-upside-october?source=content_type%3Aall%7Cfirst_level_url%3Aportfolio%7Csection%3Aportfolio_content_unit%7Csection_asset%3Alatest%7Cline%3A6><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryI am a big Meta bull, as I believe the company's stock is deeply undervalued as compared to current fundamentals and future growth potential.In this article I will provide investors with an ...</p>\n\n<a href=\"https://seekingalpha.com/article/4538805-meta-platforms-stock-potential-upside-october?source=content_type%3Aall%7Cfirst_level_url%3Aportfolio%7Csection%3Aportfolio_content_unit%7Csection_asset%3Alatest%7Cline%3A6\">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://seekingalpha.com/article/4538805-meta-platforms-stock-potential-upside-october?source=content_type%3Aall%7Cfirst_level_url%3Aportfolio%7Csection%3Aportfolio_content_unit%7Csection_asset%3Alatest%7Cline%3A6","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1121703727","content_text":"SummaryI am a big Meta bull, as I believe the company's stock is deeply undervalued as compared to current fundamentals and future growth potential.In this article I will provide investors with an important update regarding Mark Zuckerberg's Metaverse strategy: the launch of a new high-end VR console.Cambria could be the upside catalyst which proves that Meta remains one of the world's leading tech companies, and that the investments in R&D are not wasted.Cambria’s key new technology features will be better display resolutions as well as eye and face tracking.Investors who trade options might like to have a look at the 105/115%-Moneyness Call spreads with October 28 expiry. The trade offers a payout of 4:1.ThesisI am a big Meta (NASDAQ:META) bull, as I believe the company's stock is deeply undervalued as compared to current fundamentals and future growth potential. But the market arguably disagrees. Ever since Mark Zuckerberg presented his vision for the 'Metaverse' the company's stock has entered a vicious bear market. And META stock is down more than 55% from all-time highs.Seeking AlphaIn my article Meta Platforms Stock: Exposing Senseless NarrativesI claimed the market is making a mistake, arguing against the TikTok narrative (1), the no-growth narrative (2), and the anti-metaverse narrative (3).In this article I will provide investors with an important update regarding Mark Zuckerberg's Metaverse strategy - the launch of a new high-end VR console. This, in my opinion, could likely be the upside catalyst which proves to the market that Meta Platforms is one of the world's leading tech companies, and that the investments in R&D are not wasted after all.Excited About The MetaverseMeta announced earnings for the June quarter 2022on 27 July and delivered numbers slightly below analyst consensus. However, the 'recessionary' environment for digital advertisers has already been well noted after Snap's (SNAP) profit warning in May. Accordingly, I personally was much more focused on Zuckerberg’s qualitative comments during the analyst conference call.One of the most interesting aspects of Meta's earnings call was related to Zuckerberg's comments regarding the Metaverse. He, like me, is still very excited about this opportunity, and it is good to see that he is pushing the vision forward, despite the market's negative sentiment regarding the Metaverse's economic potential. Zuckerberg said(emphasis added):I feel even more strongly now that developing these platforms will unlock hundreds of billions of dollars,if not trillions, over time.Arguably, one of the key reasons for Zuckerberg's optimism was connected to the awaited launch of 'Project Cambria', which has been scheduled to be released as early as Q3 2022. Zuckerberg commented:Later this year we'll release Project Cambria - and the experience here is getting pretty awesome.Upside Catalyst: Project CambriaProject Cambria has been teased in 2021 and is thought to be the next evolution of Meta's popular Quest 2 headset. Arguably, Cambria’s key new technology features will be better display resolutions as well as eye and face tracking. Joe Rogan, who has enjoyed the opportunity to try the device, has been fascinated by the technology:It’s so interesting when you put it on ... I’ll just describe it to people: When you put it on there was an avatar in front of me and it was an alien woman. And the alien woman, when I moved my mouth, she moved her mouth. When I moved my eyes left and right, she’s tracking my eyes. When I make an angry face it makes an angry face. When you go 'ooh!' ... it’s incredible.Joe Rogan also added:You know ... Oculus is awesome. It's very impressive. It's very cool.And there should be no doubt that when Joe Rogan says something, he really means it. Zuckerberg himself said:It'll be a high-end device focused on professional users and work, with high resolution color mixed reality … I think people are going to be pretty blown away by this.It is also expected that Meta's new virtual reality headset will allow for AR experiences, which would allow users to engage their real-world surroundings with the VR technology. This, in my opinion, would support a wide range of activities in the context of work, fitness and gaming. The Cambria headset is expected to bepriced at approximately $800.ConclusionInvestor ImplicationI continue to believe that META stock is deeply undervalued. And I continue to sustain the claim that the stock's fair implied price is somewhere around $280/share. But so far, the market has not agreed. This could change rapidly, in my opinion, once investors see more tangible results in connection to Zuckerberg's Metaverse strategy. Project Cambria could serve as a potential catalyst.Personally, I am very excited for Meta's new VR/AR headset, and I believe the launch of this technology will underscore the company's leading position as a true tech company. Investor sentiment is poised to change accordingly.Trade RecommendationInvestors who trade options might like to have a look at the 105/115%-Moneyness Call spreads with October 28 expiry. Based on the implied volatility of 42% as of September 2nd, the trade would give a payout of approximately 4:1, if META shares close above 115% moneyness at expiration (ref, ca. 190 strike).","news_type":1},"isVote":1,"tweetType":1,"viewCount":990,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9930478366,"gmtCreate":1661997226157,"gmtModify":1676536621439,"author":{"id":"3581485181983823","authorId":"3581485181983823","name":"Joel0712","avatar":"https://community-static.tradeup.com/news/d88d0d4b1d64806be714578e542b4f97","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581485181983823","authorIdStr":"3581485181983823"},"themes":[],"htmlText":"Ok&nbsp;","listText":"Ok&nbsp;","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9930478366","repostId":"2264358692","repostType":4,"repost":{"id":"2264358692","kind":"highlight","pubTimestamp":1661986810,"share":"https://ttm.financial/m/news/2264358692?lang=&edition=full_marsco","pubTime":"2022-09-01 07:00","market":"us","language":"en","title":"US STOCKS-Wall Street Ends August with a Whimper on Fed Worry","url":"https://stock-news.laohu8.com/highlight/detail?id=2264358692","media":"Reuters","summary":"* Snap jumps as it restructures ad business, lays off staff* Bed Bath & Beyond sinks on corporate ov","content":"<html><head></head><body><p>* Snap jumps as it restructures ad business, lays off staff</p><p>* Bed Bath &amp; Beyond sinks on corporate overhaul</p><p>* Biggest August pct drop for Dow, S&amp;P 500, Nasdaq since 2015</p><p>* Dow down 0.88%, S&amp;P 500 down 0.78%, Nasdaq down 0.56%</p><p>U.S. stocks ended the month with their fourth straight daily decline on Wednesday, cementing the weakest August performance in seven years as worries about aggressive interest rate hikes from the Federal Reserve persist.</p><p>Adding to pressure were declines in the technology sector, and more specifically chipmakers, after soft forecasts from Seagate and HP Inc.</p><p>The three main indexes suffered their biggest monthly percentage declines in August since 2015. After hitting a four-month high in mid-August, the S&amp;P 500 has stumbled in recent weeks, dropping more than 8% through Wednesday&#39;s close and falling through several closely watched technical support levels.</p><p>Selling pressure accelerated after Fed Chair Jerome Powell&#39;s hawkish remarks on Friday about keeping monetary policy tight &#34;for some time&#34; dashed hopes of more modest interest rate hikes, with the benchmark index down more than 5% over the past four trading sessions.</p><p>&#34;All (Powell) cares about is getting inflation down and raising rates to do that, and in terms of how aggressive to be that is all to be determined from the data,&#34; said Tim Ghriskey, senior portfolio strategist at Ingalls &amp; Snyder in New York, New York.</p><p>&#34;Right now we are in this flip back-and-forth market, a lot of volatility, concerns the rally we did have was just a bear market rally, probably some concern we will go back down to new lows.&#34;</p><p>Cleveland Federal Reserve Bank President Loretta Mester said on Wednesday the central bank will need to boost interest rates somewhat above 4% by early next year and hold them there in order to bring inflation back down to the Fed&#39;s goal, and that the risks of recession over the next year or two have moved up.</p><p>The Dow Jones Industrial Average fell 280.44 points, or 0.88%, to 31,510.43; the S&amp;P 500 lost 31.16 points, or 0.78%, to 3,955; and the Nasdaq Composite dropped 66.93 points, or 0.56%, to 11,816.20.</p><p>For the month, the Dow fell 4.06%, the S&amp;P 500 lost 4.24% and the Nasdaq declined 4.64%.</p><p>Adding to investor nervousness, stocks are also heading into a historically weak period for the market in September.</p><p>&#34;September is usually the worst month of the year; it and February are the only ones to post average declines, but September is the only month of the year to fall more than it rises so it could end up being sort of a self-fulfilling prophecy,&#34; said Sam Stovall, chief investment strategist at CFRA in New York.</p><p>Data earlier in the day showed ADP private payrolls increased by 132,000 jobs in August, falling short of economists&#39; forecast of job growth of 288,000, according to a Reuters poll. However, the report was suspended for June and July as the methodology was overhauled following a poor track record of being in sync with the government&#39;s payrolls report.</p><p>The jobs data from the Labor Department is due on Friday and is expected to show nonfarm payrolls rose by 300,000 last month after recording a 528,000 increase in July. Another strong report is likely to further cement expectations the Fed will continue with outsized rate hikes after three straight increases of 75 basis points.</p><p>The Philadelphia SE semiconductor index lost 1.15% after Seagate, down 3.54%, slashed its first-quarter earnings expectations, citing macroeconomic concerns that are forcing cloud companies and PC makers to cut inventory levels.</p><p>In addition, HP Inc fell 7.68% after it forecast downbeat quarterly and full-year profit on slowing PC sales.</p><p><a href=\"https://laohu8.com/S/SNAP\">Snap Inc</a> rose 8.69% after saying it will cut 20% of staff, restructure its advertising sales unit and shut down some projects to focus on improving sales and number of Snapchat users.</p><p>Chewy Inc slid 8.18% after the online pet supplies retailer cut its full-year 2022 sales outlook.</p><p>Bed Bath &amp; Beyond Inc plunged 21.30% after saying it would close 150 stores, cut jobs and overhaul its merchandising strategy in an attempt to turn around its money-losing business.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 2.44-to-1 ratio; on Nasdaq, a 1.32-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted no new 52-week highs and 14 new lows; the Nasdaq Composite recorded 16 new highs and 190 new lows.</p><p>Volume on U.S. exchanges was 11.16 billion shares, compared with the 10.52 billion average for the full session over the last 20 trading days. (Reporting by Chuck Mikolajczak; editing by Jonathan Oatis)</p></body></html>","source":"yahoofinance","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>US STOCKS-Wall Street Ends August with a Whimper on Fed Worry</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\">\nUS STOCKS-Wall Street Ends August with a Whimper on Fed Worry\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-01 07:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/us-stocks-wall-street-ends-201646656.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>* Snap jumps as it restructures ad business, lays off staff* Bed Bath & Beyond sinks on corporate overhaul* Biggest August pct drop for Dow, S&P 500, Nasdaq since 2015* Dow down 0.88%, S&P 500 down ...</p>\n\n<a href=\"https://finance.yahoo.com/news/us-stocks-wall-street-ends-201646656.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/us-stocks-wall-street-ends-201646656.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2264358692","content_text":"* Snap jumps as it restructures ad business, lays off staff* Bed Bath & Beyond sinks on corporate overhaul* Biggest August pct drop for Dow, S&P 500, Nasdaq since 2015* Dow down 0.88%, S&P 500 down 0.78%, Nasdaq down 0.56%U.S. stocks ended the month with their fourth straight daily decline on Wednesday, cementing the weakest August performance in seven years as worries about aggressive interest rate hikes from the Federal Reserve persist.Adding to pressure were declines in the technology sector, and more specifically chipmakers, after soft forecasts from Seagate and HP Inc.The three main indexes suffered their biggest monthly percentage declines in August since 2015. After hitting a four-month high in mid-August, the S&P 500 has stumbled in recent weeks, dropping more than 8% through Wednesday's close and falling through several closely watched technical support levels.Selling pressure accelerated after Fed Chair Jerome Powell's hawkish remarks on Friday about keeping monetary policy tight \"for some time\" dashed hopes of more modest interest rate hikes, with the benchmark index down more than 5% over the past four trading sessions.\"All (Powell) cares about is getting inflation down and raising rates to do that, and in terms of how aggressive to be that is all to be determined from the data,\" said Tim Ghriskey, senior portfolio strategist at Ingalls & Snyder in New York, New York.\"Right now we are in this flip back-and-forth market, a lot of volatility, concerns the rally we did have was just a bear market rally, probably some concern we will go back down to new lows.\"Cleveland Federal Reserve Bank President Loretta Mester said on Wednesday the central bank will need to boost interest rates somewhat above 4% by early next year and hold them there in order to bring inflation back down to the Fed's goal, and that the risks of recession over the next year or two have moved up.The Dow Jones Industrial Average fell 280.44 points, or 0.88%, to 31,510.43; the S&P 500 lost 31.16 points, or 0.78%, to 3,955; and the Nasdaq Composite dropped 66.93 points, or 0.56%, to 11,816.20.For the month, the Dow fell 4.06%, the S&P 500 lost 4.24% and the Nasdaq declined 4.64%.Adding to investor nervousness, stocks are also heading into a historically weak period for the market in September.\"September is usually the worst month of the year; it and February are the only ones to post average declines, but September is the only month of the year to fall more than it rises so it could end up being sort of a self-fulfilling prophecy,\" said Sam Stovall, chief investment strategist at CFRA in New York.Data earlier in the day showed ADP private payrolls increased by 132,000 jobs in August, falling short of economists' forecast of job growth of 288,000, according to a Reuters poll. However, the report was suspended for June and July as the methodology was overhauled following a poor track record of being in sync with the government's payrolls report.The jobs data from the Labor Department is due on Friday and is expected to show nonfarm payrolls rose by 300,000 last month after recording a 528,000 increase in July. Another strong report is likely to further cement expectations the Fed will continue with outsized rate hikes after three straight increases of 75 basis points.The Philadelphia SE semiconductor index lost 1.15% after Seagate, down 3.54%, slashed its first-quarter earnings expectations, citing macroeconomic concerns that are forcing cloud companies and PC makers to cut inventory levels.In addition, HP Inc fell 7.68% after it forecast downbeat quarterly and full-year profit on slowing PC sales.Snap Inc rose 8.69% after saying it will cut 20% of staff, restructure its advertising sales unit and shut down some projects to focus on improving sales and number of Snapchat users.Chewy Inc slid 8.18% after the online pet supplies retailer cut its full-year 2022 sales outlook.Bed Bath & Beyond Inc plunged 21.30% after saying it would close 150 stores, cut jobs and overhaul its merchandising strategy in an attempt to turn around its money-losing business.Declining issues outnumbered advancing ones on the NYSE by a 2.44-to-1 ratio; on Nasdaq, a 1.32-to-1 ratio favored decliners.The S&P 500 posted no new 52-week highs and 14 new lows; the Nasdaq Composite recorded 16 new highs and 190 new lows.Volume on U.S. exchanges was 11.16 billion shares, compared with the 10.52 billion average for the full session over the last 20 trading days. (Reporting by Chuck Mikolajczak; editing by Jonathan Oatis)","news_type":1},"isVote":1,"tweetType":1,"viewCount":885,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9994518537,"gmtCreate":1661656443832,"gmtModify":1676536556255,"author":{"id":"3581485181983823","authorId":"3581485181983823","name":"Joel0712","avatar":"https://community-static.tradeup.com/news/d88d0d4b1d64806be714578e542b4f97","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581485181983823","authorIdStr":"3581485181983823"},"themes":[],"htmlText":"OK","listText":"OK","text":"OK","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9994518537","repostId":"2262977847","repostType":4,"isVote":1,"tweetType":1,"viewCount":1655,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9995247080,"gmtCreate":1661476198043,"gmtModify":1676536526545,"author":{"id":"3581485181983823","authorId":"3581485181983823","name":"Joel0712","avatar":"https://community-static.tradeup.com/news/d88d0d4b1d64806be714578e542b4f97","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581485181983823","authorIdStr":"3581485181983823"},"themes":[],"htmlText":"OK","listText":"OK","text":"OK","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9995247080","repostId":"2262535879","repostType":4,"repost":{"id":"2262535879","kind":"highlight","pubTimestamp":1661496654,"share":"https://ttm.financial/m/news/2262535879?lang=&edition=full_marsco","pubTime":"2022-08-26 14:50","market":"us","language":"en","title":"These 3 Dividend ETFs Are a Retiree's Best Friend","url":"https://stock-news.laohu8.com/highlight/detail?id=2262535879","media":"Motley Fool","summary":"Investors seeking good, reliable investment income may want to build a portfolio around a mix of these three easy-to-own funds.","content":"<html><head></head><body><p>Are you a retiree looking for more income? In most cases, you&#39;ll look to bonds or dividend-paying stocks to find it. Those aren&#39;t your only options, though. In fact, those arguably aren&#39;t even your best options.</p><p>You may find it&#39;s far easier to build a well-diversified, income-generating portfolio around a handful of dividend-oriented exchange-traded funds. Here&#39;s a trio of such ETFs to consider, with each one bringing something unique to the table.</p><h2>1. Vanguard Dividend Appreciation ETF</h2><p>Just as the name suggests, the <b>Vanguard Dividend Appreciation ETF</b> holds stocks of companies with a history of dividend growth. Namely, it&#39;s meant to mirror the <b>S&amp;P U.S. Dividend Growers Index</b>. It consists of the 290 highest-yielding names -- roughly 25% of the <b>S&amp;P 500 Broad Market Index</b>&#39;s holdings, provided those companies have raised their annual dividend payments for at least the past 10 consecutive years.</p><p>In other words, it holds stocks of companies that have proven their payout growth has staying power.</p><p>And the fund&#39;s own payouts from these dividends reflect this consistent growth. Last quarter&#39;s payment of $0.69 per share is markedly better than the payout of $0.52 per share for the same quarter five years earlier. Ten years ago, the mid-year quarterly dividend payment was only around $0.32 per share. The trade-off is the relatively low yield you get whenever you first step into a position. The current dividend yield is a modest 1.9%, and that&#39;s not out of line with its historical yields, even going back to 2008 when interest rates were wildly erratic.</p><p>It&#39;s worth it, though, even beyond the below-average yield. The price of the fund itself is 160% higher than it was 10 years ago, giving income investors a nice shot of capital appreciation as well.</p><h2>2. SPDR Portfolio S&amp;P 500 High Dividend ETF</h2><p>At the other end of the yield spectrum, you&#39;ll find the <b>SPDR Portfolio S&amp;P 500 High Dividend ETF</b>, currently dishing out a solid 3.8% of its value in the form of annual dividends.</p><p>As you might suspect, the SPDR Portfolio S&amp;P 500 High Dividend ETF aims to own high-yielding stocks. The fund specifically mirrors the <b>S&amp;P 500 High Dividend Index</b>, which is made up of the <b>S&amp;P 500</b>&#39;s 80 highest-yielding stocks. Since the index&#39;s highest-yielding tickers can change on a rather regular basis, the fund&#39;s constituents are updated a couple of times per year to reflect these changes.</p><p>Veteran investors know that high yields can be a trap. The payouts look generous, but there&#39;s often an underlying reason a stock&#39;s price is low enough to push its dividend yield to among the highest within an index&#39;s members. And certainly, this approach has allowed the occasional clunker to make its way into the portfolio&#39;s mix. When you&#39;ve got a total of 80 stocks in the mix, though, that occasional clunker&#39;s problems are more than overcome by the remaining stock&#39;s growth and strong dividend payments.</p><p>In this vein, the S&amp;P 500 High Dividend Index is up more than 21% in the past five years and higher to the tune of 95% in the past 10. That&#39;s in addition to the above-average dividends it&#39;s paid out during that time. That&#39;s not bad at all, even if its dividend growth is slower than that of the Vanguard Dividend Appreciation ETF.</p><h2>3. <a href=\"https://laohu8.com/S/EFFE\">Global X</a> NASDAQ 100 Covered Call ETF</h2><p>Lastly, add the <b>Global X NASDAQ 100 Covered Call ETF</b> to your list of dividend-paying ETF prospects you should consider if you&#39;re looking for additional retirement income.</p><p>For most investors, equity and index options (essentially, contractual bets that a stock or the market will move in a specified direction by a certain point in time) impose far too much risk relative to their prospective reward. They&#39;re also fickle instruments, not to mention complicated. Even covered calls can be more of a pain to try than they&#39;re worth despite sometimes being considered a riskless type of trade; the risk lies in the potential opportunity cost.</p><p>When left to the professionals who can give a full-time effort to the task, though, selling covered calls is an effective means of generating cash over and over again.</p><p>To this end, the Global X NASDAQ 100 Covered Call ETF&#39;s current trailing-12-month yield of 11.4% is neither a fluke nor a typo. The fund has actually dished out that sort of income monthly.</p><p>There&#39;s a catch of sorts. That is, when covered-call strategies are working, they&#39;re generally working well. When they&#39;re not working perfectly, though, they&#39;re generally not working at all. That&#39;s why retirees may not want to completely rely on income from QYLD. It&#39;s best held side by side with more reliable income investments like SPYD and VIG, to buffer any sudden disruptions in its payout. Prospective owners may also want to look elsewhere if at least some capital appreciation is required. A portfolio of stocks used to write covered calls on typically doesn&#39;t get much of a chance to grow, and QYLD hasn&#39;t been an exception to this norm.</p><p>If you&#39;re already generating enough reliable retirement income to live on, though -- and can stomach taking a relatively risky shot on driving markedly more (but likely erratic) income -- this one&#39;s got potential.</p></body></html>","source":"fool_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>These 3 Dividend ETFs Are a Retiree's Best Friend</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\">\nThese 3 Dividend ETFs Are a Retiree's Best Friend\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-26 14:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/08/25/these-3-dividend-etfs-are-a-retirees-best-friend/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Are you a retiree looking for more income? In most cases, you'll look to bonds or dividend-paying stocks to find it. Those aren't your only options, though. In fact, those arguably aren't even your ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/08/25/these-3-dividend-etfs-are-a-retirees-best-friend/\">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.fool.com/investing/2022/08/25/these-3-dividend-etfs-are-a-retirees-best-friend/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2262535879","content_text":"Are you a retiree looking for more income? In most cases, you'll look to bonds or dividend-paying stocks to find it. Those aren't your only options, though. In fact, those arguably aren't even your best options.You may find it's far easier to build a well-diversified, income-generating portfolio around a handful of dividend-oriented exchange-traded funds. Here's a trio of such ETFs to consider, with each one bringing something unique to the table.1. Vanguard Dividend Appreciation ETFJust as the name suggests, the Vanguard Dividend Appreciation ETF holds stocks of companies with a history of dividend growth. Namely, it's meant to mirror the S&P U.S. Dividend Growers Index. It consists of the 290 highest-yielding names -- roughly 25% of the S&P 500 Broad Market Index's holdings, provided those companies have raised their annual dividend payments for at least the past 10 consecutive years.In other words, it holds stocks of companies that have proven their payout growth has staying power.And the fund's own payouts from these dividends reflect this consistent growth. Last quarter's payment of $0.69 per share is markedly better than the payout of $0.52 per share for the same quarter five years earlier. Ten years ago, the mid-year quarterly dividend payment was only around $0.32 per share. The trade-off is the relatively low yield you get whenever you first step into a position. The current dividend yield is a modest 1.9%, and that's not out of line with its historical yields, even going back to 2008 when interest rates were wildly erratic.It's worth it, though, even beyond the below-average yield. The price of the fund itself is 160% higher than it was 10 years ago, giving income investors a nice shot of capital appreciation as well.2. SPDR Portfolio S&P 500 High Dividend ETFAt the other end of the yield spectrum, you'll find the SPDR Portfolio S&P 500 High Dividend ETF, currently dishing out a solid 3.8% of its value in the form of annual dividends.As you might suspect, the SPDR Portfolio S&P 500 High Dividend ETF aims to own high-yielding stocks. The fund specifically mirrors the S&P 500 High Dividend Index, which is made up of the S&P 500's 80 highest-yielding stocks. Since the index's highest-yielding tickers can change on a rather regular basis, the fund's constituents are updated a couple of times per year to reflect these changes.Veteran investors know that high yields can be a trap. The payouts look generous, but there's often an underlying reason a stock's price is low enough to push its dividend yield to among the highest within an index's members. And certainly, this approach has allowed the occasional clunker to make its way into the portfolio's mix. When you've got a total of 80 stocks in the mix, though, that occasional clunker's problems are more than overcome by the remaining stock's growth and strong dividend payments.In this vein, the S&P 500 High Dividend Index is up more than 21% in the past five years and higher to the tune of 95% in the past 10. That's in addition to the above-average dividends it's paid out during that time. That's not bad at all, even if its dividend growth is slower than that of the Vanguard Dividend Appreciation ETF.3. Global X NASDAQ 100 Covered Call ETFLastly, add the Global X NASDAQ 100 Covered Call ETF to your list of dividend-paying ETF prospects you should consider if you're looking for additional retirement income.For most investors, equity and index options (essentially, contractual bets that a stock or the market will move in a specified direction by a certain point in time) impose far too much risk relative to their prospective reward. They're also fickle instruments, not to mention complicated. Even covered calls can be more of a pain to try than they're worth despite sometimes being considered a riskless type of trade; the risk lies in the potential opportunity cost.When left to the professionals who can give a full-time effort to the task, though, selling covered calls is an effective means of generating cash over and over again.To this end, the Global X NASDAQ 100 Covered Call ETF's current trailing-12-month yield of 11.4% is neither a fluke nor a typo. The fund has actually dished out that sort of income monthly.There's a catch of sorts. That is, when covered-call strategies are working, they're generally working well. When they're not working perfectly, though, they're generally not working at all. That's why retirees may not want to completely rely on income from QYLD. It's best held side by side with more reliable income investments like SPYD and VIG, to buffer any sudden disruptions in its payout. Prospective owners may also want to look elsewhere if at least some capital appreciation is required. A portfolio of stocks used to write covered calls on typically doesn't get much of a chance to grow, and QYLD hasn't been an exception to this norm.If you're already generating enough reliable retirement income to live on, though -- and can stomach taking a relatively risky shot on driving markedly more (but likely erratic) income -- this one's got potential.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1248,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9995000328,"gmtCreate":1661384138466,"gmtModify":1676536506834,"author":{"id":"3581485181983823","authorId":"3581485181983823","name":"Joel0712","avatar":"https://community-static.tradeup.com/news/d88d0d4b1d64806be714578e542b4f97","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581485181983823","authorIdStr":"3581485181983823"},"themes":[],"htmlText":"OK","listText":"OK","text":"OK","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9995000328","repostId":"2262220676","repostType":4,"repost":{"id":"2262220676","kind":"highlight","pubTimestamp":1661382394,"share":"https://ttm.financial/m/news/2262220676?lang=&edition=full_marsco","pubTime":"2022-08-25 07:06","market":"us","language":"en","title":"US STOCKS-Wall Street Ends Higher, With All Eyes on Jackson Hole","url":"https://stock-news.laohu8.com/highlight/detail?id=2262220676","media":"Reuters","summary":"Wall Street ended higher on Wednesday, lifted by gains in energy stocks and Intuit while investors a","content":"<html><head></head><body><p>Wall Street ended higher on Wednesday, lifted by gains in energy stocks and Intuit while investors awaited the U.S. Federal Reserve&#39;s Jackson Hole conference this week.</p><p>Boosting the tech-heavy Nasdaq, Intuit Inc rallied almost 4% after the accounting software maker forecast upbeat fiscal 2023 revenue.</p><p>After the bell, Salesforce Inc dipped 5.5% following its quarterly report. During the trading session, the business software seller had gained 2.3%.</p><p>All 11 S&amp;P 500 sector indexes rose, led by energy, up 1.2%, followed by a 0.71% gain in real estate.</p><p>The S&amp;P 500 lost ground in the previous three sessions after a summer rally was halted by growing concerns of an aggressive stance by the Fed, an energy crisis in Europe and signs of economic slowdown in China.</p><p>Investor are now focused be on the Jackson Hole symposium that begins on Thursday, with remarks from Fed Chair Jerome Powell on Friday potentially providing clues about the pace of future rate hikes and whether the central bank can achieve a &#34;soft landing&#34; for the economy.</p><p>&#34;The market is biding its time to get more information on the most important things, which are inflation and the Fed&#39;s rate path,&#34; said Tom Martin, senior portfolio manager at GLOBALT Investments in Atlanta.</p><p>Traders are divided between expecting a 50-basis point hike and a 75-basis point hike by the U.S. central bank.</p><p>President Joe Biden said the U.S. government will forgive $10,000 in student loans for many debt-saddled college-goers, a move that could boost support for his fellow Democrats in the November congressional elections but also may fuel inflation.</p><p>Helped by corporate quarterly results that were not as bad as feared, the S&amp;P 500 has recovered 13% from its mid-June lows. The benchmark index is set to end the year a little above its current level, according to strategists recently polled by Reuters.</p><p>The S&amp;P 500 climbed 0.29% to end the session at 4,140.77 points.</p><p>The Nasdaq gained 0.41% to 12,431.53 points, while Dow Jones Industrial Average rose 0.18% to 32,969.23 points.</p><p>Peloton Interactive surged over 20% after the stationary bike company said it would sell its products on Amazon in a bid to boost sales that have dropped following the end of pandemic lockdowns.</p><p>Nordstrom Inc tumbled almost 20% after the retailer cut its annual revenue and profit forecasts, a sign that inflation is squeezing consumer spending on its high-end clothing and footwear.</p><p>Advancing issues outnumbered falling ones within the S&amp;P 500 by a 2.5-to-one ratio.</p><p>The S&amp;P 500 posted two new highs and 30 new lows; the Nasdaq recorded 42 new highs and 104 new lows.</p><p>Volume on U.S. exchanges was relatively light, with 8.9 billion shares traded, compared to an average of 10.9 billion shares over the previous 20 sessions.</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>US STOCKS-Wall Street Ends Higher, With All Eyes on Jackson Hole</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\">\nUS STOCKS-Wall Street Ends Higher, With All Eyes on Jackson Hole\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-25 07:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/us-stocks-wall-street-ends-201806868.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Wall Street ended higher on Wednesday, lifted by gains in energy stocks and Intuit while investors awaited the U.S. Federal Reserve's Jackson Hole conference this week.Boosting the tech-heavy Nasdaq, ...</p>\n\n<a href=\"https://finance.yahoo.com/news/us-stocks-wall-street-ends-201806868.html\">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",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://finance.yahoo.com/news/us-stocks-wall-street-ends-201806868.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2262220676","content_text":"Wall Street ended higher on Wednesday, lifted by gains in energy stocks and Intuit while investors awaited the U.S. Federal Reserve's Jackson Hole conference this week.Boosting the tech-heavy Nasdaq, Intuit Inc rallied almost 4% after the accounting software maker forecast upbeat fiscal 2023 revenue.After the bell, Salesforce Inc dipped 5.5% following its quarterly report. During the trading session, the business software seller had gained 2.3%.All 11 S&P 500 sector indexes rose, led by energy, up 1.2%, followed by a 0.71% gain in real estate.The S&P 500 lost ground in the previous three sessions after a summer rally was halted by growing concerns of an aggressive stance by the Fed, an energy crisis in Europe and signs of economic slowdown in China.Investor are now focused be on the Jackson Hole symposium that begins on Thursday, with remarks from Fed Chair Jerome Powell on Friday potentially providing clues about the pace of future rate hikes and whether the central bank can achieve a \"soft landing\" for the economy.\"The market is biding its time to get more information on the most important things, which are inflation and the Fed's rate path,\" said Tom Martin, senior portfolio manager at GLOBALT Investments in Atlanta.Traders are divided between expecting a 50-basis point hike and a 75-basis point hike by the U.S. central bank.President Joe Biden said the U.S. government will forgive $10,000 in student loans for many debt-saddled college-goers, a move that could boost support for his fellow Democrats in the November congressional elections but also may fuel inflation.Helped by corporate quarterly results that were not as bad as feared, the S&P 500 has recovered 13% from its mid-June lows. The benchmark index is set to end the year a little above its current level, according to strategists recently polled by Reuters.The S&P 500 climbed 0.29% to end the session at 4,140.77 points.The Nasdaq gained 0.41% to 12,431.53 points, while Dow Jones Industrial Average rose 0.18% to 32,969.23 points.Peloton Interactive surged over 20% after the stationary bike company said it would sell its products on Amazon in a bid to boost sales that have dropped following the end of pandemic lockdowns.Nordstrom Inc tumbled almost 20% after the retailer cut its annual revenue and profit forecasts, a sign that inflation is squeezing consumer spending on its high-end clothing and footwear.Advancing issues outnumbered falling ones within the S&P 500 by a 2.5-to-one ratio.The S&P 500 posted two new highs and 30 new lows; the Nasdaq recorded 42 new highs and 104 new lows.Volume on U.S. exchanges was relatively light, with 8.9 billion shares traded, compared to an average of 10.9 billion shares over the previous 20 sessions.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1544,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9992207142,"gmtCreate":1661312513489,"gmtModify":1676536495596,"author":{"id":"3581485181983823","authorId":"3581485181983823","name":"Joel0712","avatar":"https://community-static.tradeup.com/news/d88d0d4b1d64806be714578e542b4f97","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581485181983823","authorIdStr":"3581485181983823"},"themes":[],"htmlText":"Ok&nbsp;","listText":"Ok&nbsp;","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9992207142","repostId":"1188636834","repostType":4,"repost":{"id":"1188636834","kind":"news","pubTimestamp":1661302880,"share":"https://ttm.financial/m/news/1188636834?lang=&edition=full_marsco","pubTime":"2022-08-24 09:01","market":"us","language":"en","title":"Tesla's Thin Model Pipeline","url":"https://stock-news.laohu8.com/highlight/detail?id=1188636834","media":"Seeking Alpha","summary":"SummaryTesla has only one new model with an announced launch date.This contrasts with others in the luxury end of the automotive market.It matters because autos are a highly differentiated consumer go","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>Tesla has only one new model with an announced launch date.</li><li>This contrasts with others in the luxury end of the automotive market.</li><li>It matters because autos are a highly differentiated consumer good; no single model in the US, China, or Europe gets even 3% of the market.</li><li>Unless Tesla changes its behavior, it cannot continue to demonstrate that growth that its valuation demands.</li></ul><p><b>Preamble</b></p><p>Sometimes I think I&#39;ll scream if I see yet another white Model 3; the limited range of color options accentuates already dated styling. I&#39;m not alone in this, except that most readers of this article are more enamored of Tesla&#39;s styling thanI. It&#39;s not just Tesla. A dealer friend had a customer who always bought two identical cars, his and hers, differing only in color because neither could stand to be seen driving their spouse&#39;s preferred one. There were the buyers who presented a nicely boxed set of keys to a new car for their other half&#39;s birthday. Sometimes it went well, but one time the color was unacceptable, another time, despite carefully soliciting comments, it was one they really didn&#39;t want. There are &#34;pink flamingoes&#34;, cars the dealer can&#39;t imagine anyone being seen in, yet ultimately someone buys them. Consumers are fickle, tastes are inexplicable and varied. That has important implications for thinking about Tesla (NASDAQ:TSLA) as an investment.</p><p><b>Overview</b></p><p>Passenger vehicles are differentiated durable consumer goods. (Yeh, I&#39;m an economist.) I look at data from China, Europe, and the US to emphasize the extent to which this results in highly fragmented markets. I then sketch the added competition from used cars. This leads to the third piece of my argument, that car companies provide a portfolio of products, and regularly update it - in the case of BMW, with 3 product launches a year, year in and year out. I conclude by looking at Tesla&#39;s product pipeline in light of the above.</p><p>My bottom line is simple: without new product, by 2023 Tesla will hit a growth ceiling. Since the stock is priced for growth, this implies that the company is currently overvalued.</p><p><b>I. Product Differentiation </b></p><p><i>China</i></p><p>In July 2022, some 542 distinct passenger vehicles were sold in China. The actual model count is higher, because this is only domestically assembled vehicles - in 2022H1, there were 446,000 imports or about 150,000 a month, including many high-end models. The best-selling Nissan Sunny (OTCPK:NSANY) (OTCPK:NSANF) (Sentra in the US, Sylphy in Japan) sold 493,000 in CY2021 and 217,000 in CY2022H1.</p><p>Most models sell in very low volumes; only 208 sold over 2,000 units. More important, no model has a large market share. The top-selling Nissan Sunny holds but 2.16% of the market, and only two others - the BYD Song Plus (OTCPK:BYDDF) and the GM Wuling Hongguang (GM) - had over a 2% share. Twelve other models had 1%-2%; fifty had between 0.5% and 1%.</p><p><img src=\"https://static.tigerbbs.com/3be454d00c3db761ce3004be22b6f76b\" tg-width=\"640\" tg-height=\"465\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Author database</p><p>Europe is much the same. UsingJATOdata for CY2021, I compiled a spreadsheet of model-level sales data. Counting &#34;other&#34; lines as but a single model, consumers bought 404 different vehicles in CY2021. Compared to China, per-model sales are even more diffuse: no single vehicle hit even 2% of the overall market of 11.4 million units. Some 25 models had between 1.0% and 1.8%; another 44 had between 0.5% and 1.0%. As in China, the market is comprised of highly differentiated vehicles, none of which achieves more than a small share.</p><p><img src=\"https://static.tigerbbs.com/39479367d7c991d0c2580d395b055018\" tg-width=\"640\" tg-height=\"466\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Authors calculations from JATO data</p><p><i>The USMCA</i></p><p>I don&#39;t have similar detailed data for the USMCA (US-Mexico-Canada), so I focus on the leading model: the Ford F-series (F). Ford sold an amazing 851,813 of those in CY2021, seemingly giving a much higher market share than the top vehicles in China and Europe (4.5% of USMCA CY2021 sales of 18,160,120 units).</p><p>That is misleading, because Ford&#39;s Dearborn Truck Plant assembles F-150s with 3 different length beds and assorted cab configurations (0&#39;, 5½&#39;, and 6½&#39; beds with 3 different cabs). The F-150 Lightning has its own assembly line in the same complex, sharing stampings, frame welding, and paint shop with ICE versions. Dearborn, though, doesn&#39;t assemble versions with 8 foot beds, those are done in the Kentucky Truck Plant, again with multiple variations. Kansas City does additional variations, such as the Transit vans built on the &#34;F&#34; chassis. To those, we must add F-250s, F-350s, stripped chassis versions sold to up-fitters and &#34;dually&#34; versions. Each has its own customer base. Talking to plant managers, that variety makes full-sized pickup truck plants the most difficult-to-run operations in the industry. But it hides that volumes for any single version of the F series are a fraction of the headline number.</p><p>In sum, only a handful of vehicles ever reach 2% of the market in the US, China, and Europe. None today hold 3% or more. In order for Tesla to grab more than a small slice of any market, they need 8-10 models.</p><p><b>II. Used Cars</b></p><p>In the US, there are roughly 280 million registered vehicles. In normal times, there are almost 3x more used cars sold than new. Indeed, most drivers will never have the income to purchase a new vehicle. More important, of those who do purchase new – such as my son, who just took delivery of a Subaru Legacy - many are on the borderline, and shop both new and used.</p><p>The prototypical case is the Model T. Even though Henry Ford kept lowering the price, eventually to $350, by the early 1920s, sales stalled. Why? - a used Model T could be had for less than that and was readily repairable. Indeed, even today, you can get any part needed to fix one delivered overnight, except for the engine block, with perhaps a half-million still in operating condition. In other words, cars are durable goods, and by focusing exclusively on the Model T, Henry almost put himself out of business. [<i>Aside: the original Model T factory survives, unlike the subsequent Highland Park Plant of assembly line fame. It&#39;s now the Ford Piquette Avenue Museum, with 2 floors of Model Ts, from treaded &#34;snowcats&#34; to pickup trucks and leather-fitted versions for social climbers.</i>]</p><p>Do not make the mistake of reading current market conditions into the general story. During the pandemic, rental car fleets unloaded cars - Hertz didn&#39;t do it fast enough and went bankrupt - but when business and vacation travel resumed, rental companies could not &#34;refleet&#34; due to the chip shortage. In a normal year, Enterprise purchases 1 million units, and sells a like number of used units. Now they and their rivals are straining to renew their fleets, to the point of becoming net purchasers of used cars. Similarly, lease returns are normally an additional input into the used vehicle stream, but with prices above the contracted &#34;residual&#34; price at lease-end, that source has likewise dried up. As a result, when my son went car shopping, he discovered that low-mileage used inventory was priced above sticker, whereas he could wait and have a new car at MSRP. Not all car shoppers can wait, so even such high-priced used cars quickly disappear from dealership lots. My son, fortunately, could and did wait. [<i>Aside: when the balance shifts, both new and used car prices will decline precipitously. That will be enough to push the US CPI from inflation to deflation, at least briefly.</i>]</p><p>The bottom line remains that as time passes, competition from like-model used vehicles becomes significant. The average sedan on the road is now over 12 years old, and pickup trucks even older. A critical long-run issue with cars (and other durable goods) is to limit competition from the used car market.</p><p>The one set of studies I know that is specific to automotive (Adam Copeland of the NY Fed, with various co-authors) estimates that as a result of this competition, new car prices fall at an annual average of 9.2% per annum, reflected in increasing rebates and fewer sales of high-trim versions. That is, at the end of a standard 4-year model cycle, prices are almost 30% lower than at launch. Furthermore, later purchasers are lower in income. That is, competition from like-model used cars increases over time, eroding margins as car sellers dip lower down the income profile. No one can avoid that, not even Tesla.</p><p><b>III. Product Portfolio and Product Pipeline</b></p><p>Car companies respond to the above pressures in two ways. First, they offer a portfolio of products from a smaller number of platforms. That helps them increase platform-level economies of scale. (The irony is that the ease of engineering &#34;top hats&#34; for a platform, enabled by the ability to digitally engineer a vehicle - even to modeling assembly-line ergonomics before the first prototype is made - exacerbates the number of models and lowers sales per model.) The key work here is &#34;portfolio&#34;, with a car for every pocket, and a brand hierarchy differentiated by social status.</p><p>The second response is the regular redesign of models, with a typical cadence of a &#34;refresh&#34; every 2 years (fascia and interior) and a redesign every 4 years (with new sheet metal). As a result, cars that launch in 2023 are already a &#34;done&#34; deal, and a lot of the work on 2024 models is complete. Engineers are now turning their attention to cars set to launch in 2025.</p><p>I present a summary below, drawn from <i>Automotive News</i>, focused on a number of the luxury brands with which Tesla competes. Now car companies vary in the extent to which they detail new product plans in public. They are inconsistent in distinguishing whether their plans are on a model year or a calendar year basis. I don&#39;t know individual models, to distinguish whether a &#34;GT&#34; version is a distinct model, so there&#39;s some potential error on my end. Audi (OTC:AUDVF) and Porsche (OTCPK:POAHY) share engineering resources, and it&#39;s likely that there&#39;s overlap between Volvo (OTCPK:VOLAF) and Polestar (PSNY). And so on. It&#39;s an indicative table using soft data.</p><p>I use only AN&#39;s coverage and have not modified them against the more reliable product pipelines that suppliers have shared with me under an NDA, which includes the month of launch. What I can share from years of presentations by suppliers on new technologies they&#39;re bringing to market is that launch dates are &#34;hard&#34;. They not only tie into marketing, assembly line upgrades, and supplier production/engineering schedules, but missing a launch target ties up engineers slated to move to other projects. It&#39;s unusual if launch dates slip by more than a few weeks, even though they are set 2 or more years ahead of time.</p><p>With those caveats, here is my summary, excluding model names, and not reporting models with a scheduled end of life.</p><p><img src=\"https://static.tigerbbs.com/ef5537a42658ca05dded032f18aa6042\" tg-width=\"613\" tg-height=\"483\" width=\"100%\" height=\"auto\"/><img src=\"https://static.tigerbbs.com/72a51243c74aaf0e76d9b235157cc762\" tg-width=\"613\" tg-height=\"402\" width=\"100%\" height=\"auto\"/><img src=\"https://static.tigerbbs.com/15c14bceea4eacf94d9444cb18953f15\" tg-width=\"617\" tg-height=\"406\" width=\"100%\" height=\"auto\"/><img src=\"https://static.tigerbbs.com/f6043da38b1eba04208c52222bf31173\" tg-width=\"615\" tg-height=\"302\" width=\"100%\" height=\"auto\"/>What this table does not show is that this pattern of refreshes, renewals, and new models extends back in time. Audi, Porsche, BMW (OTCPK:BMWYY), Mercedes (OTCPK:MBGAF), and Lexus have a constant stream of new products in their pipeline, so that over the course of a decade, each model is replaced or refreshed 2-3 times. That is the only way to avoid cannibalization by used cars, plus of course, it&#39;s necessary to keep up with styling trends and to incorporate the constant stream of better components and improved functionality that require new hardware and not just new software.</p><p><b>IV. Tesla&#39;s Pipeline</b></p><p>It&#39;s 10 years since the launch of the Model S, Tesla&#39;s first proper model. Since then, it has launched only 3 new products, and carried out a minor refresh of the interior of the Model S. None of the other models has been refreshed, much less renewed with new sheet metal. Yet the Model S is 10 years old, the Model X is 7 years old, and the Model 3 is 5 years old; only the Model Y, launched in 2020, is fresh. That understates the issue: because of the many delays in both development and launch, the styling of these models is older than those of competitors who launched on time after a short period of development and engineering. In a style-conscious industry, Tesla has chosen to rely on each new model hitting a home run, that is, setting trends rather than adapting to trends. That&#39;s a high-risk strategy, amplified as its lineup ages.</p><p>Two rumored future products, the Semi and the Roadster, do not yet have clear timelines - maybe 2023, maybe a bit later. In any case, both are niche vehicles that will not generate sufficient top line revenue or bottom line profits to move the needle.</p><p>That leaves a single model in the pipeline: the Tesla Cybertruck. It begins production by summer 2023 and goes on sale sometime thereafter. It&#39;s all still vague, and the initial $39,999 price is DOA. More to the point, it&#39;s a quintessential California/Texas vehicle: a performance pickup with only a single cab-bed variant. That is in stark contrast to the multiple products hiding behind the F-150 moniker. Worse, Tesla needs global vehicles if it is to grow.</p><p>Unfortunately for the Cybertruck, full-sized pickups are a North American thing. Despite a market 40% larger than the USMCA, fewer pickups sell in China than Ford sells in the US - only 259,000 in 2022H1. Great Wall (OTCPK:GWLLF) has 45% of the market, followed by the truckmakers Jiangling (OTCPK:JGLMY) (15%), Zhengzhou Nissan (10%), and Jiangxi Isuzu. Unlike the US, pickups are not an offspring of the passenger car market. Furthermore, only 14% of pickups are sold in the Tier I and Tier II cities that are the core market for Tesla (see Wikipediaherefor a list of major cities). In contrast, 19% are sold in Tier III cities, 24% in Tier IV cities, and 42% in rural areas. (Source:CPCAA data.) To sell the Cybertruck in those markets would require Tesla to more than double its sales and service center network, because farmers and rural construction firms can&#39;t wait for repairs. Of course, there&#39;s no rural charging network, either, but unlike urban apartment dwellers, most truck drivers would have access to overnight charging. But who would want to use a Cybertruck to haul manure?</p><p>Europe is worse - in CY2020, the most recent data I found, sales were only 116,000, in a market about the size of the USMCA. Nissan, Renault (OTCPK:RNSDF), and Mercedes have all exited the market. [Source:Automotive News June 14, 2021] In addition, most are compact pickups - in 2020, the Ford Ranger held over a third of the pickup market. [Source:carsalesbase] Even in the US, the Cybertruck is both idiosyncratic and late to market, well behind Ford and Rivian (RIVN). It will certainly find a following among Tesla aficionados, but it is unclear that it will gain much traction among current pickup truck owners. Ford dominates there. The contractors who lease them have the local dealership service desk on speed-dial - work trucks take a beating, and a history of reliable service keeps them loyal.</p><p>In any case, the Cybertruck is not one of the global models that Tesla needs.</p><p><b><i>Summary</i></b></p><p>Quite simply, Tesla is not spending enough on new products, and lacks a clear product strategy. R&amp;D expenditures have risen from $825 million in 2020Q2 to $2,632 million in 2022Q2, so product development shouldn&#39;t be starved for resources. [<i>As a data point, the GM-Honda Cruise autonomous driving joint venture spent $496 million in 2022Q2, a spend rate that would eat up 19% of Tesla&#39;s R&amp;D.</i>]</p><p>Tesla has too many irons in the fire: autonomous vehicle development, solar and energy products, service and sales centers, charging stations, and pet projects of Elon Musk such as robots. It needs to fill its product pipeline and communicate about what it is doing with investors.</p><p><b>V. Conclusion</b></p><p>Tesla has tremendous brand value. Without new models, however, they will not be able to monetize it, and will instead start to see sales stagnate and margins compress. As the many projections on Seeking Alpha make clear, its stock market valuation is based on continued high growth. New factories support growth only if there is a new product to fill them. Unfortunately, management is providing no guidance to suggest they are bringing a product portfolio to market in a systematic, disciplined, and timely manner.</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>Tesla's Thin Model Pipeline</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 Thin Model Pipeline\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-24 09:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4536322-tesla-stock-thin-model-pipeline?source=content_type%3Aall%7Cfirst_level_url%3Aportfolio%7Csection%3Aportfolio_content_unit%7Csection_asset%3Alatest%7Cline%3A41><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryTesla has only one new model with an announced launch date.This contrasts with others in the luxury end of the automotive market.It matters because autos are a highly differentiated consumer ...</p>\n\n<a href=\"https://seekingalpha.com/article/4536322-tesla-stock-thin-model-pipeline?source=content_type%3Aall%7Cfirst_level_url%3Aportfolio%7Csection%3Aportfolio_content_unit%7Csection_asset%3Alatest%7Cline%3A41\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://seekingalpha.com/article/4536322-tesla-stock-thin-model-pipeline?source=content_type%3Aall%7Cfirst_level_url%3Aportfolio%7Csection%3Aportfolio_content_unit%7Csection_asset%3Alatest%7Cline%3A41","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188636834","content_text":"SummaryTesla has only one new model with an announced launch date.This contrasts with others in the luxury end of the automotive market.It matters because autos are a highly differentiated consumer good; no single model in the US, China, or Europe gets even 3% of the market.Unless Tesla changes its behavior, it cannot continue to demonstrate that growth that its valuation demands.PreambleSometimes I think I'll scream if I see yet another white Model 3; the limited range of color options accentuates already dated styling. I'm not alone in this, except that most readers of this article are more enamored of Tesla's styling thanI. It's not just Tesla. A dealer friend had a customer who always bought two identical cars, his and hers, differing only in color because neither could stand to be seen driving their spouse's preferred one. There were the buyers who presented a nicely boxed set of keys to a new car for their other half's birthday. Sometimes it went well, but one time the color was unacceptable, another time, despite carefully soliciting comments, it was one they really didn't want. There are \"pink flamingoes\", cars the dealer can't imagine anyone being seen in, yet ultimately someone buys them. Consumers are fickle, tastes are inexplicable and varied. That has important implications for thinking about Tesla (NASDAQ:TSLA) as an investment.OverviewPassenger vehicles are differentiated durable consumer goods. (Yeh, I'm an economist.) I look at data from China, Europe, and the US to emphasize the extent to which this results in highly fragmented markets. I then sketch the added competition from used cars. This leads to the third piece of my argument, that car companies provide a portfolio of products, and regularly update it - in the case of BMW, with 3 product launches a year, year in and year out. I conclude by looking at Tesla's product pipeline in light of the above.My bottom line is simple: without new product, by 2023 Tesla will hit a growth ceiling. Since the stock is priced for growth, this implies that the company is currently overvalued.I. Product Differentiation ChinaIn July 2022, some 542 distinct passenger vehicles were sold in China. The actual model count is higher, because this is only domestically assembled vehicles - in 2022H1, there were 446,000 imports or about 150,000 a month, including many high-end models. The best-selling Nissan Sunny (OTCPK:NSANY) (OTCPK:NSANF) (Sentra in the US, Sylphy in Japan) sold 493,000 in CY2021 and 217,000 in CY2022H1.Most models sell in very low volumes; only 208 sold over 2,000 units. More important, no model has a large market share. The top-selling Nissan Sunny holds but 2.16% of the market, and only two others - the BYD Song Plus (OTCPK:BYDDF) and the GM Wuling Hongguang (GM) - had over a 2% share. Twelve other models had 1%-2%; fifty had between 0.5% and 1%.Author databaseEurope is much the same. UsingJATOdata for CY2021, I compiled a spreadsheet of model-level sales data. Counting \"other\" lines as but a single model, consumers bought 404 different vehicles in CY2021. Compared to China, per-model sales are even more diffuse: no single vehicle hit even 2% of the overall market of 11.4 million units. Some 25 models had between 1.0% and 1.8%; another 44 had between 0.5% and 1.0%. As in China, the market is comprised of highly differentiated vehicles, none of which achieves more than a small share.Authors calculations from JATO dataThe USMCAI don't have similar detailed data for the USMCA (US-Mexico-Canada), so I focus on the leading model: the Ford F-series (F). Ford sold an amazing 851,813 of those in CY2021, seemingly giving a much higher market share than the top vehicles in China and Europe (4.5% of USMCA CY2021 sales of 18,160,120 units).That is misleading, because Ford's Dearborn Truck Plant assembles F-150s with 3 different length beds and assorted cab configurations (0', 5½', and 6½' beds with 3 different cabs). The F-150 Lightning has its own assembly line in the same complex, sharing stampings, frame welding, and paint shop with ICE versions. Dearborn, though, doesn't assemble versions with 8 foot beds, those are done in the Kentucky Truck Plant, again with multiple variations. Kansas City does additional variations, such as the Transit vans built on the \"F\" chassis. To those, we must add F-250s, F-350s, stripped chassis versions sold to up-fitters and \"dually\" versions. Each has its own customer base. Talking to plant managers, that variety makes full-sized pickup truck plants the most difficult-to-run operations in the industry. But it hides that volumes for any single version of the F series are a fraction of the headline number.In sum, only a handful of vehicles ever reach 2% of the market in the US, China, and Europe. None today hold 3% or more. In order for Tesla to grab more than a small slice of any market, they need 8-10 models.II. Used CarsIn the US, there are roughly 280 million registered vehicles. In normal times, there are almost 3x more used cars sold than new. Indeed, most drivers will never have the income to purchase a new vehicle. More important, of those who do purchase new – such as my son, who just took delivery of a Subaru Legacy - many are on the borderline, and shop both new and used.The prototypical case is the Model T. Even though Henry Ford kept lowering the price, eventually to $350, by the early 1920s, sales stalled. Why? - a used Model T could be had for less than that and was readily repairable. Indeed, even today, you can get any part needed to fix one delivered overnight, except for the engine block, with perhaps a half-million still in operating condition. In other words, cars are durable goods, and by focusing exclusively on the Model T, Henry almost put himself out of business. [Aside: the original Model T factory survives, unlike the subsequent Highland Park Plant of assembly line fame. It's now the Ford Piquette Avenue Museum, with 2 floors of Model Ts, from treaded \"snowcats\" to pickup trucks and leather-fitted versions for social climbers.]Do not make the mistake of reading current market conditions into the general story. During the pandemic, rental car fleets unloaded cars - Hertz didn't do it fast enough and went bankrupt - but when business and vacation travel resumed, rental companies could not \"refleet\" due to the chip shortage. In a normal year, Enterprise purchases 1 million units, and sells a like number of used units. Now they and their rivals are straining to renew their fleets, to the point of becoming net purchasers of used cars. Similarly, lease returns are normally an additional input into the used vehicle stream, but with prices above the contracted \"residual\" price at lease-end, that source has likewise dried up. As a result, when my son went car shopping, he discovered that low-mileage used inventory was priced above sticker, whereas he could wait and have a new car at MSRP. Not all car shoppers can wait, so even such high-priced used cars quickly disappear from dealership lots. My son, fortunately, could and did wait. [Aside: when the balance shifts, both new and used car prices will decline precipitously. That will be enough to push the US CPI from inflation to deflation, at least briefly.]The bottom line remains that as time passes, competition from like-model used vehicles becomes significant. The average sedan on the road is now over 12 years old, and pickup trucks even older. A critical long-run issue with cars (and other durable goods) is to limit competition from the used car market.The one set of studies I know that is specific to automotive (Adam Copeland of the NY Fed, with various co-authors) estimates that as a result of this competition, new car prices fall at an annual average of 9.2% per annum, reflected in increasing rebates and fewer sales of high-trim versions. That is, at the end of a standard 4-year model cycle, prices are almost 30% lower than at launch. Furthermore, later purchasers are lower in income. That is, competition from like-model used cars increases over time, eroding margins as car sellers dip lower down the income profile. No one can avoid that, not even Tesla.III. Product Portfolio and Product PipelineCar companies respond to the above pressures in two ways. First, they offer a portfolio of products from a smaller number of platforms. That helps them increase platform-level economies of scale. (The irony is that the ease of engineering \"top hats\" for a platform, enabled by the ability to digitally engineer a vehicle - even to modeling assembly-line ergonomics before the first prototype is made - exacerbates the number of models and lowers sales per model.) The key work here is \"portfolio\", with a car for every pocket, and a brand hierarchy differentiated by social status.The second response is the regular redesign of models, with a typical cadence of a \"refresh\" every 2 years (fascia and interior) and a redesign every 4 years (with new sheet metal). As a result, cars that launch in 2023 are already a \"done\" deal, and a lot of the work on 2024 models is complete. Engineers are now turning their attention to cars set to launch in 2025.I present a summary below, drawn from Automotive News, focused on a number of the luxury brands with which Tesla competes. Now car companies vary in the extent to which they detail new product plans in public. They are inconsistent in distinguishing whether their plans are on a model year or a calendar year basis. I don't know individual models, to distinguish whether a \"GT\" version is a distinct model, so there's some potential error on my end. Audi (OTC:AUDVF) and Porsche (OTCPK:POAHY) share engineering resources, and it's likely that there's overlap between Volvo (OTCPK:VOLAF) and Polestar (PSNY). And so on. It's an indicative table using soft data.I use only AN's coverage and have not modified them against the more reliable product pipelines that suppliers have shared with me under an NDA, which includes the month of launch. What I can share from years of presentations by suppliers on new technologies they're bringing to market is that launch dates are \"hard\". They not only tie into marketing, assembly line upgrades, and supplier production/engineering schedules, but missing a launch target ties up engineers slated to move to other projects. It's unusual if launch dates slip by more than a few weeks, even though they are set 2 or more years ahead of time.With those caveats, here is my summary, excluding model names, and not reporting models with a scheduled end of life.What this table does not show is that this pattern of refreshes, renewals, and new models extends back in time. Audi, Porsche, BMW (OTCPK:BMWYY), Mercedes (OTCPK:MBGAF), and Lexus have a constant stream of new products in their pipeline, so that over the course of a decade, each model is replaced or refreshed 2-3 times. That is the only way to avoid cannibalization by used cars, plus of course, it's necessary to keep up with styling trends and to incorporate the constant stream of better components and improved functionality that require new hardware and not just new software.IV. Tesla's PipelineIt's 10 years since the launch of the Model S, Tesla's first proper model. Since then, it has launched only 3 new products, and carried out a minor refresh of the interior of the Model S. None of the other models has been refreshed, much less renewed with new sheet metal. Yet the Model S is 10 years old, the Model X is 7 years old, and the Model 3 is 5 years old; only the Model Y, launched in 2020, is fresh. That understates the issue: because of the many delays in both development and launch, the styling of these models is older than those of competitors who launched on time after a short period of development and engineering. In a style-conscious industry, Tesla has chosen to rely on each new model hitting a home run, that is, setting trends rather than adapting to trends. That's a high-risk strategy, amplified as its lineup ages.Two rumored future products, the Semi and the Roadster, do not yet have clear timelines - maybe 2023, maybe a bit later. In any case, both are niche vehicles that will not generate sufficient top line revenue or bottom line profits to move the needle.That leaves a single model in the pipeline: the Tesla Cybertruck. It begins production by summer 2023 and goes on sale sometime thereafter. It's all still vague, and the initial $39,999 price is DOA. More to the point, it's a quintessential California/Texas vehicle: a performance pickup with only a single cab-bed variant. That is in stark contrast to the multiple products hiding behind the F-150 moniker. Worse, Tesla needs global vehicles if it is to grow.Unfortunately for the Cybertruck, full-sized pickups are a North American thing. Despite a market 40% larger than the USMCA, fewer pickups sell in China than Ford sells in the US - only 259,000 in 2022H1. Great Wall (OTCPK:GWLLF) has 45% of the market, followed by the truckmakers Jiangling (OTCPK:JGLMY) (15%), Zhengzhou Nissan (10%), and Jiangxi Isuzu. Unlike the US, pickups are not an offspring of the passenger car market. Furthermore, only 14% of pickups are sold in the Tier I and Tier II cities that are the core market for Tesla (see Wikipediaherefor a list of major cities). In contrast, 19% are sold in Tier III cities, 24% in Tier IV cities, and 42% in rural areas. (Source:CPCAA data.) To sell the Cybertruck in those markets would require Tesla to more than double its sales and service center network, because farmers and rural construction firms can't wait for repairs. Of course, there's no rural charging network, either, but unlike urban apartment dwellers, most truck drivers would have access to overnight charging. But who would want to use a Cybertruck to haul manure?Europe is worse - in CY2020, the most recent data I found, sales were only 116,000, in a market about the size of the USMCA. Nissan, Renault (OTCPK:RNSDF), and Mercedes have all exited the market. [Source:Automotive News June 14, 2021] In addition, most are compact pickups - in 2020, the Ford Ranger held over a third of the pickup market. [Source:carsalesbase] Even in the US, the Cybertruck is both idiosyncratic and late to market, well behind Ford and Rivian (RIVN). It will certainly find a following among Tesla aficionados, but it is unclear that it will gain much traction among current pickup truck owners. Ford dominates there. The contractors who lease them have the local dealership service desk on speed-dial - work trucks take a beating, and a history of reliable service keeps them loyal.In any case, the Cybertruck is not one of the global models that Tesla needs.SummaryQuite simply, Tesla is not spending enough on new products, and lacks a clear product strategy. R&D expenditures have risen from $825 million in 2020Q2 to $2,632 million in 2022Q2, so product development shouldn't be starved for resources. [As a data point, the GM-Honda Cruise autonomous driving joint venture spent $496 million in 2022Q2, a spend rate that would eat up 19% of Tesla's R&D.]Tesla has too many irons in the fire: autonomous vehicle development, solar and energy products, service and sales centers, charging stations, and pet projects of Elon Musk such as robots. It needs to fill its product pipeline and communicate about what it is doing with investors.V. ConclusionTesla has tremendous brand value. Without new models, however, they will not be able to monetize it, and will instead start to see sales stagnate and margins compress. As the many projections on Seeking Alpha make clear, its stock market valuation is based on continued high growth. New factories support growth only if there is a new product to fill them. Unfortunately, management is providing no guidance to suggest they are bringing a product portfolio to market in a systematic, disciplined, and timely manner.","news_type":1},"isVote":1,"tweetType":1,"viewCount":484,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9992000115,"gmtCreate":1661221063740,"gmtModify":1676536477694,"author":{"id":"3581485181983823","authorId":"3581485181983823","name":"Joel0712","avatar":"https://community-static.tradeup.com/news/d88d0d4b1d64806be714578e542b4f97","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581485181983823","authorIdStr":"3581485181983823"},"themes":[],"htmlText":"Ok&nbsp;","listText":"Ok&nbsp;","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9992000115","repostId":"1140002312","repostType":4,"repost":{"id":"1140002312","kind":"news","pubTimestamp":1661227301,"share":"https://ttm.financial/m/news/1140002312?lang=&edition=full_marsco","pubTime":"2022-08-23 12:01","market":"us","language":"en","title":"Tesla Must Face The Comeback Of Affordable ICE Vehicles","url":"https://stock-news.laohu8.com/highlight/detail?id=1140002312","media":"Seeking Alpha","summary":"SummaryTesla has grown its sales while traditional automakers have shrunk.The chip shortage has driven the average transaction price of a new car higher than the price of a Model 3.This is unsustainable and as production returns, prices will drop.Tesla will need to respond with lower prices to be price competitive, which will hurt profitability, or it could face demand or growth risks.What's happened?It's hardly a splurge in today's market.A Model 3 costs \"just\" 30% more than the cheapest Honda ","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>Tesla has grown its sales while traditional automakers have shrunk.</li><li>The chip shortage has driven the average transaction price of a new car higher than the price of a Model 3.</li><li>This is unsustainable and as production returns, prices will drop.</li><li>Tesla will need to respond with lower prices to be price competitive, which will hurt profitability, or it could face demand or growth risks.</li></ul><p><b>What&#39;s happened?</b></p><p>Other automakers&#39; misfortunes have been Tesla&#39;s (NASDAQ:TSLA) gain. While Tesla is commonly seen as a luxury vehicle, it is taking sales from not just all the luxury automakers, but all the mainstream categories as well. Tesla&#39;s flawless navigation through the supply chain means not only higher production for Tesla, but higher demand as other automakers struggle with very high starting prices that are mostly out of their control.</p><p>In addition to supply chain hurdles, traditional automakers have struggled with dealerships driving up prices well above MSRP via price markups and mandatory accessories. Manufacturers like Ford (F), which historically have good relations with dealerships, are now starting to show their frustration with dealers. To counter this (and to get a bigger piece of the pie themselves), manufacturers have focused on building higher priced configurations of their vehicles, but that hasn&#39;t stopped the strong consumer from driving up prices further.</p><p>For the shopper, this is a double whammy. With manufacturers prioritizing higher-priced variants and dealerships applying extreme markups to those units, in July the average retail price for a new car rose to an all-time high of $48,142 and the average monthly payment is now $733. In fact, the average retail price is now higher than the starting price of a Model 3, even after a $10,000 price increase over the last year. In today&#39;s market, an entry-level Tesla is no longer a luxury vehicle.</p><p>My local dealership here in Southern California sells a top-of-the-line Honda Accord Touring for nearly the same price as a Standard Range Model 3 and according to the salesman, they&#39;ve been selling every one that they get. With mainstream vehicles having luxury prices, it&#39;s no wonder Tesla is taking sales from the mainstream segment.</p><p>While we may never see inventory levels like we did prior to the pandemic that allowed incentives and dealer discounts to bring prices well below MSRP, I believe buying a car at MSRP will eventually happen. This will give shoppers the much-needed choice they need.</p><p><b>Tesla: Now a luxury within reach</b></p><p>So how does the price of a Model 3 today compare with an Accord versus Honda&#39;s intention, and versus prices from a few years ago? It&#39;s hardly a splurge in today&#39;s market.</p><p>A Model 3 costs &#34;just&#34; 30% more than the cheapest Honda Accord I can find, a Sport trim priced at $35,975 including markups, and the salesman assured me that they sell every one they get without discount. That&#39;s a model that doesn&#39;t even have heated cloth seats; leather would cost an additional $1500 and at that point a Model 3 would be just 25% more for a huge upgrade in terms of brand and features.</p><p>Obviously, this is due to inflated prices and was never the intention. If a buyer could pick up an Accord LX (the cheapest trim) for an MSRP of $26,520 without those pesky markups, the cost of a Standard Range Model 3 would be more than 80% higher. You can argue that a Model 3 is worth the higher price tag but the problem is that with so few options today, a Tesla is far more appealing today than it was a few years ago (especially with fuel and maintenance savings). It&#39;s easy to see why Tesla is taking so many sales from the mainstream segment. In fact, according to Tom Libby from S&amp;P Mobility, about half of Model 3 and Y buyers have a mainstream product in their garage, which he finds extraordinary.</p><p>Even if we consider 2019 prices when a Model 3 was just $37,000, it was still more than 50% higher than the MSRP of an Accord LX at the time, and that&#39;s excluding past dealer discounts and manufacturer incentives that could drive the price thousands below MSRP.</p><p>With higher prices thanks to supply chain woes, Tesla has been able to bring in record profitability. Unfortunately, there are signs that these conditions are starting to fade.</p><p><b>The market is shifting</b></p><p>It&#39;s important to note that the strong consumer has been incredibly helpful in driving prices through the roof, but there are signs that the consumer&#39;s spending habits are changing.</p><p>Over the past few months, when it comes to the new car market, buyers just haven&#39;t had a choice. <i>Someone</i> is going to buy that overpriced car on the lot, however foolish it may be. Thankfully, the used car market is showing signs of stability, and since more than 40 million used cars were sold in the US last year (22 million via retailers), a look at this segment is a good indicator of car shopping behavior when provided a choice.</p><p>If you&#39;re unfamiliar, here&#39;s an example of how prices have been in the used market. In Southern California, a certified pre-owned 2021 Civic LX (base model) with 28,000 miles has a retail price of $28,655, which is 35% higher than its original MSRP of $21,250.</p><p><img src=\"https://static.tigerbbs.com/7863b77894ec6738305b9e12cf9dc2fd\" tg-width=\"640\" tg-height=\"248\" referrerpolicy=\"no-referrer\"/></p><p>ochondaworld.com</p><p><img src=\"https://static.tigerbbs.com/6ceceac50604deafb86b1d96ec132873\" tg-width=\"498\" tg-height=\"862\" referrerpolicy=\"no-referrer\"/></p><p>Autonews.com</p><p>Last quarter, used vehicle profitability plunged. AutoNation&#39;s (AN) used vehicle gross profit declined by 22% from the prior quarter and 14% from last year, while Group 1 (GPI) saw profits dive 25%. Online used car retailers are also seeing profits plunge, with Carvana (CVNA) posting a loss of more than a billion dollars thanks to a 44% decline in gross profits from last year. See the chart to the right for more.</p><p>The majority of CEOs from major public car retailers discuss the consumer&#39;s reluctance to pay big premiums for vehicles as they were previously. Penske (PAG) CEO said that higher prices are &#34;taking some people out of the market&#34;. Group 1 Automotive&#39;s CEO stated that demand is shifting to lower price points. Asbury Automotive Group CEO David Hult said that consumers were &#34;impulsively buying&#34; six months ago but are now more cautious. According to Cox Automotive, used car prices are trending down and should be a source of deflation in the months ahead.</p><p>In other words, the buying frenzy for overpriced used vehicles is over and it&#39;s reasonable to believe that this will translate into the new car market as soon as production stabilizes.</p><p><b>Signs of New Car Production Rebound</b></p><p>Nobody is yet sure when new car production will fully rebound, or even recover to levels where shoppers can buy cars without massive markups, however there is some promising signs starting to surface.</p><p>In June, UK car production was back on the rise, up 5.6% from the year earlier thanks to an ease in some supply chain issues. According to LMCAutomotive, the Global Light Vehicle selling rate rose for the third consecutive month to 90 million units/year in July, which it noted as the best performance for the year so far thanks to a rebound in China and South America. US sales remain down, but the sales decline by 11.6% was the smallest decline since January. Finally, according to AutoForecast Solutions, automakers lost just 6,800 vehicles in weekly production due to the chip shortage and that was one of the smallest losses since the chip shortage began in early 2021.</p><p><b>Conclusion</b></p><p>For the better part of the last year, Tesla&#39;s applaudable performance despite supply chain woes has come with great benefit. For starters, shoppers of ICE vehicles have faced extreme price pressure due to automakers prioritizing well-equipped variants of their vehicles and dealerships adding steep markups to these already high-priced cars.</p><p>However, there are signs of a weakening consumer. In the used market, consumers are (thankfully) showing signs of reluctance when faced with the purchase of a used base model Civic for nearly 30 grand. Auto retailers are making it clear that the buying frenzy is over. In addition, there&#39;s a glimmer of hope that production is starting to ease. We still need more data, but it&#39;s reasonable to believe that the supply chain will ease eventually.</p><p>When that time comes, Tesla will be facing lower mainstream vehicle prices and will likely find it more difficult to bite into these high-volume segments so easily. Of course, Tesla would also benefit from any supply chain easing, but at the expensive of what&#39;s been a driver of the stock&#39;s recent run up: high gross margins and profitability in addition to growth. Initially, there was a selloff after its most recent earnings report, with the red flag being margin contraction. Further margin contraction due to pricing pressure may not be taken lightly by investors, especially if it were perceived as an indicator of reduced demand.</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>Tesla Must Face The Comeback Of Affordable ICE Vehicles</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 Must Face The Comeback Of Affordable ICE Vehicles\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-23 12:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4536057-tesla-faces-comeback-of-affordable-ice-vehicles?source=content_type%3Aall%7Cfirst_level_url%3Aportfolio%7Csection%3Aportfolio_content_unit%7Csection_asset%3Alatest%7Cline%3A20><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryTesla has grown its sales while traditional automakers have shrunk.The chip shortage has driven the average transaction price of a new car higher than the price of a Model 3.This is ...</p>\n\n<a href=\"https://seekingalpha.com/article/4536057-tesla-faces-comeback-of-affordable-ice-vehicles?source=content_type%3Aall%7Cfirst_level_url%3Aportfolio%7Csection%3Aportfolio_content_unit%7Csection_asset%3Alatest%7Cline%3A20\">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://seekingalpha.com/article/4536057-tesla-faces-comeback-of-affordable-ice-vehicles?source=content_type%3Aall%7Cfirst_level_url%3Aportfolio%7Csection%3Aportfolio_content_unit%7Csection_asset%3Alatest%7Cline%3A20","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1140002312","content_text":"SummaryTesla has grown its sales while traditional automakers have shrunk.The chip shortage has driven the average transaction price of a new car higher than the price of a Model 3.This is unsustainable and as production returns, prices will drop.Tesla will need to respond with lower prices to be price competitive, which will hurt profitability, or it could face demand or growth risks.What's happened?Other automakers' misfortunes have been Tesla's (NASDAQ:TSLA) gain. While Tesla is commonly seen as a luxury vehicle, it is taking sales from not just all the luxury automakers, but all the mainstream categories as well. Tesla's flawless navigation through the supply chain means not only higher production for Tesla, but higher demand as other automakers struggle with very high starting prices that are mostly out of their control.In addition to supply chain hurdles, traditional automakers have struggled with dealerships driving up prices well above MSRP via price markups and mandatory accessories. Manufacturers like Ford (F), which historically have good relations with dealerships, are now starting to show their frustration with dealers. To counter this (and to get a bigger piece of the pie themselves), manufacturers have focused on building higher priced configurations of their vehicles, but that hasn't stopped the strong consumer from driving up prices further.For the shopper, this is a double whammy. With manufacturers prioritizing higher-priced variants and dealerships applying extreme markups to those units, in July the average retail price for a new car rose to an all-time high of $48,142 and the average monthly payment is now $733. In fact, the average retail price is now higher than the starting price of a Model 3, even after a $10,000 price increase over the last year. In today's market, an entry-level Tesla is no longer a luxury vehicle.My local dealership here in Southern California sells a top-of-the-line Honda Accord Touring for nearly the same price as a Standard Range Model 3 and according to the salesman, they've been selling every one that they get. With mainstream vehicles having luxury prices, it's no wonder Tesla is taking sales from the mainstream segment.While we may never see inventory levels like we did prior to the pandemic that allowed incentives and dealer discounts to bring prices well below MSRP, I believe buying a car at MSRP will eventually happen. This will give shoppers the much-needed choice they need.Tesla: Now a luxury within reachSo how does the price of a Model 3 today compare with an Accord versus Honda's intention, and versus prices from a few years ago? It's hardly a splurge in today's market.A Model 3 costs \"just\" 30% more than the cheapest Honda Accord I can find, a Sport trim priced at $35,975 including markups, and the salesman assured me that they sell every one they get without discount. That's a model that doesn't even have heated cloth seats; leather would cost an additional $1500 and at that point a Model 3 would be just 25% more for a huge upgrade in terms of brand and features.Obviously, this is due to inflated prices and was never the intention. If a buyer could pick up an Accord LX (the cheapest trim) for an MSRP of $26,520 without those pesky markups, the cost of a Standard Range Model 3 would be more than 80% higher. You can argue that a Model 3 is worth the higher price tag but the problem is that with so few options today, a Tesla is far more appealing today than it was a few years ago (especially with fuel and maintenance savings). It's easy to see why Tesla is taking so many sales from the mainstream segment. In fact, according to Tom Libby from S&P Mobility, about half of Model 3 and Y buyers have a mainstream product in their garage, which he finds extraordinary.Even if we consider 2019 prices when a Model 3 was just $37,000, it was still more than 50% higher than the MSRP of an Accord LX at the time, and that's excluding past dealer discounts and manufacturer incentives that could drive the price thousands below MSRP.With higher prices thanks to supply chain woes, Tesla has been able to bring in record profitability. Unfortunately, there are signs that these conditions are starting to fade.The market is shiftingIt's important to note that the strong consumer has been incredibly helpful in driving prices through the roof, but there are signs that the consumer's spending habits are changing.Over the past few months, when it comes to the new car market, buyers just haven't had a choice. Someone is going to buy that overpriced car on the lot, however foolish it may be. Thankfully, the used car market is showing signs of stability, and since more than 40 million used cars were sold in the US last year (22 million via retailers), a look at this segment is a good indicator of car shopping behavior when provided a choice.If you're unfamiliar, here's an example of how prices have been in the used market. In Southern California, a certified pre-owned 2021 Civic LX (base model) with 28,000 miles has a retail price of $28,655, which is 35% higher than its original MSRP of $21,250.ochondaworld.comAutonews.comLast quarter, used vehicle profitability plunged. AutoNation's (AN) used vehicle gross profit declined by 22% from the prior quarter and 14% from last year, while Group 1 (GPI) saw profits dive 25%. Online used car retailers are also seeing profits plunge, with Carvana (CVNA) posting a loss of more than a billion dollars thanks to a 44% decline in gross profits from last year. See the chart to the right for more.The majority of CEOs from major public car retailers discuss the consumer's reluctance to pay big premiums for vehicles as they were previously. Penske (PAG) CEO said that higher prices are \"taking some people out of the market\". Group 1 Automotive's CEO stated that demand is shifting to lower price points. Asbury Automotive Group CEO David Hult said that consumers were \"impulsively buying\" six months ago but are now more cautious. According to Cox Automotive, used car prices are trending down and should be a source of deflation in the months ahead.In other words, the buying frenzy for overpriced used vehicles is over and it's reasonable to believe that this will translate into the new car market as soon as production stabilizes.Signs of New Car Production ReboundNobody is yet sure when new car production will fully rebound, or even recover to levels where shoppers can buy cars without massive markups, however there is some promising signs starting to surface.In June, UK car production was back on the rise, up 5.6% from the year earlier thanks to an ease in some supply chain issues. According to LMCAutomotive, the Global Light Vehicle selling rate rose for the third consecutive month to 90 million units/year in July, which it noted as the best performance for the year so far thanks to a rebound in China and South America. US sales remain down, but the sales decline by 11.6% was the smallest decline since January. Finally, according to AutoForecast Solutions, automakers lost just 6,800 vehicles in weekly production due to the chip shortage and that was one of the smallest losses since the chip shortage began in early 2021.ConclusionFor the better part of the last year, Tesla's applaudable performance despite supply chain woes has come with great benefit. For starters, shoppers of ICE vehicles have faced extreme price pressure due to automakers prioritizing well-equipped variants of their vehicles and dealerships adding steep markups to these already high-priced cars.However, there are signs of a weakening consumer. In the used market, consumers are (thankfully) showing signs of reluctance when faced with the purchase of a used base model Civic for nearly 30 grand. Auto retailers are making it clear that the buying frenzy is over. In addition, there's a glimmer of hope that production is starting to ease. We still need more data, but it's reasonable to believe that the supply chain will ease eventually.When that time comes, Tesla will be facing lower mainstream vehicle prices and will likely find it more difficult to bite into these high-volume segments so easily. Of course, Tesla would also benefit from any supply chain easing, but at the expensive of what's been a driver of the stock's recent run up: high gross margins and profitability in addition to growth. Initially, there was a selloff after its most recent earnings report, with the red flag being margin contraction. Further margin contraction due to pricing pressure may not be taken lightly by investors, especially if it were perceived as an indicator of reduced demand.","news_type":1},"isVote":1,"tweetType":1,"viewCount":640,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9998450494,"gmtCreate":1661049300620,"gmtModify":1676536444562,"author":{"id":"3581485181983823","authorId":"3581485181983823","name":"Joel0712","avatar":"https://community-static.tradeup.com/news/d88d0d4b1d64806be714578e542b4f97","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581485181983823","authorIdStr":"3581485181983823"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9998450494","repostId":"2261587214","repostType":4,"repost":{"id":"2261587214","kind":"highlight","pubTimestamp":1661044807,"share":"https://ttm.financial/m/news/2261587214?lang=&edition=full_marsco","pubTime":"2022-08-21 09:20","market":"us","language":"en","title":"2 Smartest Tech Stocks to Buy in 2022 and Beyond","url":"https://stock-news.laohu8.com/highlight/detail?id=2261587214","media":"Motley Fool","summary":"These companies have potent tailwinds and are selling at relative bargain valuations.","content":"<html><head></head><body><p>Technology investors are forever looking for the next best thing. However, a prudent investment might be in companies that have already proven successful and established themselves in their respective industries.</p><p>Savvy investors have an opportunity to buy two excellent stocks to hold for 2022 and long after. <b>Alphabet</b> and <b>Shopify</b> are dominant forces in digital advertising and e-commerce, respectively. These are two industries with strong secular tailwinds that could propel growth in the long term.</p><h2>Alphabet is approaching $100 billion in annual profits</h2><p>Alphabet is arguably the most dominant advertising company in the world. It&#39;s home to Google Search and YouTube, two of the most widely used ad-supported products. According to Statista, Google Search holds an astounding 83% market share in search engines globally. Similarly, YouTube boasts 2.6 billion monthly active users. Of course, advertisers follow consumers, which means the popularity of these services has attracted marketers looking to influence purchasing decisions.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0bdb9c0f8129805369ddb3d4fb467f06\" tg-width=\"720\" tg-height=\"463\" width=\"100%\" height=\"auto\"/><span>GOOG Revenue (Annual) data by YCharts</span></p><p>As a result, Alphabet&#39;s revenue has expanded from $55.5 billion in 2013 to $257.6 billion in 2021. Operating income increased from $15.4 billion to $78.7 billion in that same time. Alphabet&#39;s popularity has turned into tangible profits that could extend in the long term. Marketers spent $763 billion globally in 2021, a 22.5% increase from the previous year. Interestingly, the share of spending has increased on digital channels from 52.1% in 2019 to 64.4% in 2021. That trend is unlikely to reverse as digital advertising offers benefits unavailable by other methods.</p><h2>Shopify&#39;s revenue has boomed</h2><p>Similarly, Shopify is operating in an industry that is poised for growth. The company helps merchants establish and improve its online sales channel, a business that boomed because of the onset of the pandemic. However, Shopify&#39;s growth has slowed recently as consumers are eager to get out of the house and shop in person, at least temporarily. Over the longer run, a more significant share of spending is shifting online. According to Statista, 14% of spending in the U.S. was online in 2020. That figure is forecast to grow to 22% by 2025.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/67beef652b4dea3cea0a7e01f01ac14c\" tg-width=\"720\" tg-height=\"463\" width=\"100%\" height=\"auto\"/><span>SHOP Revenue (Annual) data by YCharts</span></p><p>Shopify earns a monthly premium from merchants on the platform, and it takes a percentage of their revenue. So, as people spend more money online, Shopify stands to benefit. Already, Shopify&#39;s business has exploded from the trend in recent years. Revenue surged from $24 million in 2012 to $4.6 billion in 2021. That helped the company reach operating profitability of $269 million in 2021 after reporting an operating loss of $2 million in 2012.</p><h2>Shopify and Alphabet stocks are relatively inexpensive</h2><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d2209517db4dea82b067af78616bb2d5\" tg-width=\"720\" tg-height=\"463\" width=\"100%\" height=\"auto\"/><span>SHOP PS Ratio data by YCharts</span></p><p>Fortunately for savvy investors, Shopify and Alphabet stocks are not expensive. On the contrary, they are relative bargains. At a price-to-sales ratio of 10, Shopify has hardly ever been cheaper when measured by this metric. Alphabet&#39;s price-to-sales ratio of six is on the lower end of its historical average. Investors looking for smart buys can feel good about adding Shopify and Alphabet stocks.</p></body></html>","source":"fool_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>2 Smartest Tech Stocks to Buy in 2022 and Beyond</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\">\n2 Smartest Tech Stocks to Buy in 2022 and Beyond\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-21 09:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/08/20/2-smartest-tech-stocks-to-buy-in-2022-and-beyond/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Technology investors are forever looking for the next best thing. However, a prudent investment might be in companies that have already proven successful and established themselves in their respective...</p>\n\n<a href=\"https://www.fool.com/investing/2022/08/20/2-smartest-tech-stocks-to-buy-in-2022-and-beyond/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOG":"谷歌","GOOGL":"谷歌A","SHOP":"Shopify Inc"},"source_url":"https://www.fool.com/investing/2022/08/20/2-smartest-tech-stocks-to-buy-in-2022-and-beyond/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2261587214","content_text":"Technology investors are forever looking for the next best thing. However, a prudent investment might be in companies that have already proven successful and established themselves in their respective industries.Savvy investors have an opportunity to buy two excellent stocks to hold for 2022 and long after. Alphabet and Shopify are dominant forces in digital advertising and e-commerce, respectively. These are two industries with strong secular tailwinds that could propel growth in the long term.Alphabet is approaching $100 billion in annual profitsAlphabet is arguably the most dominant advertising company in the world. It's home to Google Search and YouTube, two of the most widely used ad-supported products. According to Statista, Google Search holds an astounding 83% market share in search engines globally. Similarly, YouTube boasts 2.6 billion monthly active users. Of course, advertisers follow consumers, which means the popularity of these services has attracted marketers looking to influence purchasing decisions.GOOG Revenue (Annual) data by YChartsAs a result, Alphabet's revenue has expanded from $55.5 billion in 2013 to $257.6 billion in 2021. Operating income increased from $15.4 billion to $78.7 billion in that same time. Alphabet's popularity has turned into tangible profits that could extend in the long term. Marketers spent $763 billion globally in 2021, a 22.5% increase from the previous year. Interestingly, the share of spending has increased on digital channels from 52.1% in 2019 to 64.4% in 2021. That trend is unlikely to reverse as digital advertising offers benefits unavailable by other methods.Shopify's revenue has boomedSimilarly, Shopify is operating in an industry that is poised for growth. The company helps merchants establish and improve its online sales channel, a business that boomed because of the onset of the pandemic. However, Shopify's growth has slowed recently as consumers are eager to get out of the house and shop in person, at least temporarily. Over the longer run, a more significant share of spending is shifting online. According to Statista, 14% of spending in the U.S. was online in 2020. That figure is forecast to grow to 22% by 2025.SHOP Revenue (Annual) data by YChartsShopify earns a monthly premium from merchants on the platform, and it takes a percentage of their revenue. So, as people spend more money online, Shopify stands to benefit. Already, Shopify's business has exploded from the trend in recent years. Revenue surged from $24 million in 2012 to $4.6 billion in 2021. That helped the company reach operating profitability of $269 million in 2021 after reporting an operating loss of $2 million in 2012.Shopify and Alphabet stocks are relatively inexpensiveSHOP PS Ratio data by YChartsFortunately for savvy investors, Shopify and Alphabet stocks are not expensive. On the contrary, they are relative bargains. At a price-to-sales ratio of 10, Shopify has hardly ever been cheaper when measured by this metric. Alphabet's price-to-sales ratio of six is on the lower end of its historical average. Investors looking for smart buys can feel good about adding Shopify and Alphabet stocks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":464,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9991481037,"gmtCreate":1660870480930,"gmtModify":1676536414696,"author":{"id":"3581485181983823","authorId":"3581485181983823","name":"Joel0712","avatar":"https://community-static.tradeup.com/news/d88d0d4b1d64806be714578e542b4f97","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581485181983823","authorIdStr":"3581485181983823"},"themes":[],"htmlText":"OK","listText":"OK","text":"OK","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9991481037","repostId":"2260357839","repostType":4,"repost":{"id":"2260357839","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":1660866281,"share":"https://ttm.financial/m/news/2260357839?lang=&edition=full_marsco","pubTime":"2022-08-19 07:44","market":"us","language":"en","title":"Fed's Bullard Leans Toward Favoring 0.75-Percentage-Point September Rate Rise","url":"https://stock-news.laohu8.com/highlight/detail?id=2260357839","media":"Dow Jones","summary":"Federal Reserve Bank of St. Louis President James Bullard said Thursday he is considering support fo","content":"<html><head></head><body><p>Federal Reserve Bank of St. Louis President James Bullard said Thursday he is considering support for another large rate rise at the central bank&#39;s policy meeting next month and added he isn&#39;t ready to say the economy has seen the worst of the inflation surge.</p><p>&#34;We should continue to move expeditiously to a level of the policy rate that will put significant downward pressure on inflation&#34; and &#34;I don&#39;t really see why you want to drag out interest rate increases into next year,&#34; Mr. Bullard said in a Wall Street Journal interview.</p><p>When it comes to the Fed&#39;s next move on interest rates, Mr. Bullard said of next month&#39;s Federal Open Market Committee meeting that &#34;I would lean toward the 75 basis points at this point. Again, I think we&#39;ve got relatively good reads on the economy, and we&#39;ve got very high inflation, so I think it would make sense to continue to get the policy rate higher and into restrictive territory.&#34;</p><p>Mr. Bullard is a voting member of the FOMC this year. Since March, the Fed has embarked on an increasingly aggressive path of rate rises to lower inflation from levels that are at 40-year highs. After lifting rates from near-zero levels in March, the central bank shifted to 0.75-percentage-point rate increases at its June and July meetings, and now has its overnight target rate in a range of 2.25% to 2.5%.</p><p>The FOMC next meets Sept. 20-21. Recent data hinting at a possible waning in inflation pressures, as well as comments by some central bankers, have generated a debate among market participants as to whether the central bank can slow the pace of rate rise into the end of the year.</p><p>Mr. Bullard said he isn&#39;t ready to say inflation has peaked and it remains important for the Fed to get its target rate to a range of 3.75% to 4% by year-end, before the central bank can consider what it will need to do next year. He also said that he sees about an 18-month process of getting price pressures back to the Fed&#39;s 2% target, and predicted that path will likely be uneven, while adding, &#34;We&#39;ve got a long way to go to get inflation under control.&#34;</p><p>&#34;The idea that inflation has peaked is, is a hope, but it&#39;s not statistically really in the data at this point,&#34; Mr. Bullard said. &#34;I&#39;m hopeful&#34; the worst of the inflation surge has passed, he said, though he added he expects high inflation &#34;to prove more persistent than what many parts of Wall Street think.&#34;</p><p>What&#39;s more, Mr. Bullard said he believes growth in the second half will be stronger than the apparent weakness seen over the first six months of the year, and he believes the job market will stay robust as well.</p><p>&#34;There&#39;s just a lot to like about the labor market&#34; and it&#39;s possible unemployment may tick down a touch further from the 3.5% reading seen in the July data, he said. Mr. Bullard said unemployment could even rise and still herald a robust labor sector, because an unemployment rate that has a neutral impact on price pressures is likely in the 4% range.</p><p>Mr. Bullard said that market speculation over rate cuts is &#34;definitely premature&#34; and that fears the economy may fall into a downturn are overblown.</p><p>The veteran central banker played down indications that financial-market conditions have been easing even as the central bank presses forward with rate increases. Tighter monetary policy is supposed to increase restraint in the economy in large part through its impact on asset prices, so an easing there in theory could force the Fed to be even more aggressive with future changes in the federal-funds rate.</p><p>Mr. Bullard said it&#39;s possible stock prices are giving a false impression of the state of asset prices.</p><p>&#34;One thing about financial conditions that I&#39;m steadfast about is, I don&#39;t like financial conditions indexes that put too much weight on equity pricing. Equity prices, you know, can be far from fundamentals for certain stocks,&#34; and company shares aren&#39;t a big driver of how the Fed thinks about future monetary policy choices, he said.</p><p>In a separate appearance Thursday, Minneapolis Fed leader Neel Kashkari said an economic downturn is one risk of the Fed&#39;s current policy path.</p><p>&#34;I don&#39;t think we&#39;re in a recession right now,&#34; he said. &#34;But as we continue to raise rates, as we continue to raise costs, so to speak, of borrowing across the economy, it should be putting, tapping the brakes on the U.S. economy, and that makes it more likely that we would end up in a recession.&#34;</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>Fed's Bullard Leans Toward Favoring 0.75-Percentage-Point September Rate Rise</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's Bullard Leans Toward Favoring 0.75-Percentage-Point September Rate Rise\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\">2022-08-19 07:44</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Federal Reserve Bank of St. Louis President James Bullard said Thursday he is considering support for another large rate rise at the central bank&#39;s policy meeting next month and added he isn&#39;t ready to say the economy has seen the worst of the inflation surge.</p><p>&#34;We should continue to move expeditiously to a level of the policy rate that will put significant downward pressure on inflation&#34; and &#34;I don&#39;t really see why you want to drag out interest rate increases into next year,&#34; Mr. Bullard said in a Wall Street Journal interview.</p><p>When it comes to the Fed&#39;s next move on interest rates, Mr. Bullard said of next month&#39;s Federal Open Market Committee meeting that &#34;I would lean toward the 75 basis points at this point. Again, I think we&#39;ve got relatively good reads on the economy, and we&#39;ve got very high inflation, so I think it would make sense to continue to get the policy rate higher and into restrictive territory.&#34;</p><p>Mr. Bullard is a voting member of the FOMC this year. Since March, the Fed has embarked on an increasingly aggressive path of rate rises to lower inflation from levels that are at 40-year highs. After lifting rates from near-zero levels in March, the central bank shifted to 0.75-percentage-point rate increases at its June and July meetings, and now has its overnight target rate in a range of 2.25% to 2.5%.</p><p>The FOMC next meets Sept. 20-21. Recent data hinting at a possible waning in inflation pressures, as well as comments by some central bankers, have generated a debate among market participants as to whether the central bank can slow the pace of rate rise into the end of the year.</p><p>Mr. Bullard said he isn&#39;t ready to say inflation has peaked and it remains important for the Fed to get its target rate to a range of 3.75% to 4% by year-end, before the central bank can consider what it will need to do next year. He also said that he sees about an 18-month process of getting price pressures back to the Fed&#39;s 2% target, and predicted that path will likely be uneven, while adding, &#34;We&#39;ve got a long way to go to get inflation under control.&#34;</p><p>&#34;The idea that inflation has peaked is, is a hope, but it&#39;s not statistically really in the data at this point,&#34; Mr. Bullard said. &#34;I&#39;m hopeful&#34; the worst of the inflation surge has passed, he said, though he added he expects high inflation &#34;to prove more persistent than what many parts of Wall Street think.&#34;</p><p>What&#39;s more, Mr. Bullard said he believes growth in the second half will be stronger than the apparent weakness seen over the first six months of the year, and he believes the job market will stay robust as well.</p><p>&#34;There&#39;s just a lot to like about the labor market&#34; and it&#39;s possible unemployment may tick down a touch further from the 3.5% reading seen in the July data, he said. Mr. Bullard said unemployment could even rise and still herald a robust labor sector, because an unemployment rate that has a neutral impact on price pressures is likely in the 4% range.</p><p>Mr. Bullard said that market speculation over rate cuts is &#34;definitely premature&#34; and that fears the economy may fall into a downturn are overblown.</p><p>The veteran central banker played down indications that financial-market conditions have been easing even as the central bank presses forward with rate increases. Tighter monetary policy is supposed to increase restraint in the economy in large part through its impact on asset prices, so an easing there in theory could force the Fed to be even more aggressive with future changes in the federal-funds rate.</p><p>Mr. Bullard said it&#39;s possible stock prices are giving a false impression of the state of asset prices.</p><p>&#34;One thing about financial conditions that I&#39;m steadfast about is, I don&#39;t like financial conditions indexes that put too much weight on equity pricing. Equity prices, you know, can be far from fundamentals for certain stocks,&#34; and company shares aren&#39;t a big driver of how the Fed thinks about future monetary policy choices, he said.</p><p>In a separate appearance Thursday, Minneapolis Fed leader Neel Kashkari said an economic downturn is one risk of the Fed&#39;s current policy path.</p><p>&#34;I don&#39;t think we&#39;re in a recession right now,&#34; he said. &#34;But as we continue to raise rates, as we continue to raise costs, so to speak, of borrowing across the economy, it should be putting, tapping the brakes on the U.S. economy, and that makes it more likely that we would end up in a recession.&#34;</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2260357839","content_text":"Federal Reserve Bank of St. Louis President James Bullard said Thursday he is considering support for another large rate rise at the central bank's policy meeting next month and added he isn't ready to say the economy has seen the worst of the inflation surge.\"We should continue to move expeditiously to a level of the policy rate that will put significant downward pressure on inflation\" and \"I don't really see why you want to drag out interest rate increases into next year,\" Mr. Bullard said in a Wall Street Journal interview.When it comes to the Fed's next move on interest rates, Mr. Bullard said of next month's Federal Open Market Committee meeting that \"I would lean toward the 75 basis points at this point. Again, I think we've got relatively good reads on the economy, and we've got very high inflation, so I think it would make sense to continue to get the policy rate higher and into restrictive territory.\"Mr. Bullard is a voting member of the FOMC this year. Since March, the Fed has embarked on an increasingly aggressive path of rate rises to lower inflation from levels that are at 40-year highs. After lifting rates from near-zero levels in March, the central bank shifted to 0.75-percentage-point rate increases at its June and July meetings, and now has its overnight target rate in a range of 2.25% to 2.5%.The FOMC next meets Sept. 20-21. Recent data hinting at a possible waning in inflation pressures, as well as comments by some central bankers, have generated a debate among market participants as to whether the central bank can slow the pace of rate rise into the end of the year.Mr. Bullard said he isn't ready to say inflation has peaked and it remains important for the Fed to get its target rate to a range of 3.75% to 4% by year-end, before the central bank can consider what it will need to do next year. He also said that he sees about an 18-month process of getting price pressures back to the Fed's 2% target, and predicted that path will likely be uneven, while adding, \"We've got a long way to go to get inflation under control.\"\"The idea that inflation has peaked is, is a hope, but it's not statistically really in the data at this point,\" Mr. Bullard said. \"I'm hopeful\" the worst of the inflation surge has passed, he said, though he added he expects high inflation \"to prove more persistent than what many parts of Wall Street think.\"What's more, Mr. Bullard said he believes growth in the second half will be stronger than the apparent weakness seen over the first six months of the year, and he believes the job market will stay robust as well.\"There's just a lot to like about the labor market\" and it's possible unemployment may tick down a touch further from the 3.5% reading seen in the July data, he said. Mr. Bullard said unemployment could even rise and still herald a robust labor sector, because an unemployment rate that has a neutral impact on price pressures is likely in the 4% range.Mr. Bullard said that market speculation over rate cuts is \"definitely premature\" and that fears the economy may fall into a downturn are overblown.The veteran central banker played down indications that financial-market conditions have been easing even as the central bank presses forward with rate increases. Tighter monetary policy is supposed to increase restraint in the economy in large part through its impact on asset prices, so an easing there in theory could force the Fed to be even more aggressive with future changes in the federal-funds rate.Mr. Bullard said it's possible stock prices are giving a false impression of the state of asset prices.\"One thing about financial conditions that I'm steadfast about is, I don't like financial conditions indexes that put too much weight on equity pricing. Equity prices, you know, can be far from fundamentals for certain stocks,\" and company shares aren't a big driver of how the Fed thinks about future monetary policy choices, he said.In a separate appearance Thursday, Minneapolis Fed leader Neel Kashkari said an economic downturn is one risk of the Fed's current policy path.\"I don't think we're in a recession right now,\" he said. \"But as we continue to raise rates, as we continue to raise costs, so to speak, of borrowing across the economy, it should be putting, tapping the brakes on the U.S. economy, and that makes it more likely that we would end up in a recession.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":446,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9993253581,"gmtCreate":1660696355645,"gmtModify":1676536380800,"author":{"id":"3581485181983823","authorId":"3581485181983823","name":"Joel0712","avatar":"https://community-static.tradeup.com/news/d88d0d4b1d64806be714578e542b4f97","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581485181983823","authorIdStr":"3581485181983823"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9993253581","repostId":"1160142489","repostType":2,"repost":{"id":"1160142489","kind":"news","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":1660691907,"share":"https://ttm.financial/m/news/1160142489?lang=&edition=full_marsco","pubTime":"2022-08-17 07:18","market":"us","language":"en","title":"Biden Signs Inflation Reduction Act Into Law","url":"https://stock-news.laohu8.com/highlight/detail?id=1160142489","media":"Reuters","summary":"(Reuters) - President Joe Biden on Tuesday signed into law a $430 billion bill that is seen as the b","content":"<html><head></head><body><p>(Reuters) - President Joe Biden on Tuesday signed into law a $430 billion bill that is seen as the biggest climate package in U.S. history, designed to cut domestic greenhouse gas emissions as well as lower prescription drug prices and high inflation.</p><p>At a White House event, Biden was joined by Democratic leaders including Senator Joe Manchin of West Virginia, whose support was crucial to passage of the Inflation Reduction Act along party lines, after he blockaded much larger measures pushed by the White House.</p><p>&#34;Joe, we never had a doubt,&#34; Biden said of Manchin. Biden later handed Manchin the pen he used to sign the legislation.</p><p>Manchin called the legislation a &#34;balanced bill&#34;.</p><p>Biden used the signing to criticize Republicans. Democrats hope to capitalize on a string of legislative victories in congressional midterm elections in November and roll out inflation act ad campaigns.</p><p>&#34;In this historic moment, Democrats sided with the American people and every single Republican sided with the special interests,&#34; said Biden. &#34;Every single Republican in Congress voted against this bill.&#34;</p><p>The legislation to fight climate change and lower prescription drug prices aims to cut domestic greenhouse gas emissions. It will also allow Medicare to negotiate lower drug prices for the elderly and ensure that corporations and the wealthy pay the taxes they owe.</p><p>Democrats say it will help combat inflation by reducing the federal deficit. Rating agencies and independent economists agree but say the results will take years.</p><p>Senate Majority Leader Chuck Schumer, who was also present at the bill signing, said Biden knew when to stay away from the negotiations and allow them to play out.</p><p>&#34;He knew precisely when to step in and when to let negotiations play out. He knew when to use the bully pulpit and when to bring people together away from the spotlight. He made sure we never lost our focus on climate.&#34;</p><p>Republicans criticized the legislation for doing little to lower prices. Senate Republican leader Mitch McConnell said the new law will have the opposite impact.</p><p>&#34;Democrats robbed Americans last year by spending our economy into record inflation. This year, their solution is to do it a second time. The partisan bill President Biden signed into law today means higher taxes, higher energy bills, and aggressive IRS audits,&#34; he said, referring to the Internal Revenue Service.</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>Biden Signs Inflation Reduction Act Into Law</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBiden Signs Inflation Reduction Act Into Law\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\">2022-08-17 07:18</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) - President Joe Biden on Tuesday signed into law a $430 billion bill that is seen as the biggest climate package in U.S. history, designed to cut domestic greenhouse gas emissions as well as lower prescription drug prices and high inflation.</p><p>At a White House event, Biden was joined by Democratic leaders including Senator Joe Manchin of West Virginia, whose support was crucial to passage of the Inflation Reduction Act along party lines, after he blockaded much larger measures pushed by the White House.</p><p>&#34;Joe, we never had a doubt,&#34; Biden said of Manchin. Biden later handed Manchin the pen he used to sign the legislation.</p><p>Manchin called the legislation a &#34;balanced bill&#34;.</p><p>Biden used the signing to criticize Republicans. Democrats hope to capitalize on a string of legislative victories in congressional midterm elections in November and roll out inflation act ad campaigns.</p><p>&#34;In this historic moment, Democrats sided with the American people and every single Republican sided with the special interests,&#34; said Biden. &#34;Every single Republican in Congress voted against this bill.&#34;</p><p>The legislation to fight climate change and lower prescription drug prices aims to cut domestic greenhouse gas emissions. It will also allow Medicare to negotiate lower drug prices for the elderly and ensure that corporations and the wealthy pay the taxes they owe.</p><p>Democrats say it will help combat inflation by reducing the federal deficit. Rating agencies and independent economists agree but say the results will take years.</p><p>Senate Majority Leader Chuck Schumer, who was also present at the bill signing, said Biden knew when to stay away from the negotiations and allow them to play out.</p><p>&#34;He knew precisely when to step in and when to let negotiations play out. He knew when to use the bully pulpit and when to bring people together away from the spotlight. He made sure we never lost our focus on climate.&#34;</p><p>Republicans criticized the legislation for doing little to lower prices. Senate Republican leader Mitch McConnell said the new law will have the opposite impact.</p><p>&#34;Democrats robbed Americans last year by spending our economy into record inflation. This year, their solution is to do it a second time. The partisan bill President Biden signed into law today means higher taxes, higher energy bills, and aggressive IRS audits,&#34; he said, referring to the Internal Revenue Service.</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":"1160142489","content_text":"(Reuters) - President Joe Biden on Tuesday signed into law a $430 billion bill that is seen as the biggest climate package in U.S. history, designed to cut domestic greenhouse gas emissions as well as lower prescription drug prices and high inflation.At a White House event, Biden was joined by Democratic leaders including Senator Joe Manchin of West Virginia, whose support was crucial to passage of the Inflation Reduction Act along party lines, after he blockaded much larger measures pushed by the White House.\"Joe, we never had a doubt,\" Biden said of Manchin. Biden later handed Manchin the pen he used to sign the legislation.Manchin called the legislation a \"balanced bill\".Biden used the signing to criticize Republicans. Democrats hope to capitalize on a string of legislative victories in congressional midterm elections in November and roll out inflation act ad campaigns.\"In this historic moment, Democrats sided with the American people and every single Republican sided with the special interests,\" said Biden. \"Every single Republican in Congress voted against this bill.\"The legislation to fight climate change and lower prescription drug prices aims to cut domestic greenhouse gas emissions. It will also allow Medicare to negotiate lower drug prices for the elderly and ensure that corporations and the wealthy pay the taxes they owe.Democrats say it will help combat inflation by reducing the federal deficit. Rating agencies and independent economists agree but say the results will take years.Senate Majority Leader Chuck Schumer, who was also present at the bill signing, said Biden knew when to stay away from the negotiations and allow them to play out.\"He knew precisely when to step in and when to let negotiations play out. He knew when to use the bully pulpit and when to bring people together away from the spotlight. He made sure we never lost our focus on climate.\"Republicans criticized the legislation for doing little to lower prices. Senate Republican leader Mitch McConnell said the new law will have the opposite impact.\"Democrats robbed Americans last year by spending our economy into record inflation. This year, their solution is to do it a second time. The partisan bill President Biden signed into law today means higher taxes, higher energy bills, and aggressive IRS audits,\" he said, referring to the Internal Revenue Service.","news_type":1},"isVote":1,"tweetType":1,"viewCount":499,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9999055225,"gmtCreate":1660443045669,"gmtModify":1676533471234,"author":{"id":"3581485181983823","authorId":"3581485181983823","name":"Joel0712","avatar":"https://community-static.tradeup.com/news/d88d0d4b1d64806be714578e542b4f97","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581485181983823","authorIdStr":"3581485181983823"},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9999055225","repostId":"2259083078","repostType":4,"repost":{"id":"2259083078","kind":"highlight","pubTimestamp":1660440697,"share":"https://ttm.financial/m/news/2259083078?lang=&edition=full_marsco","pubTime":"2022-08-14 09:31","market":"us","language":"en","title":"Stock Market Recovery Faces a New Hurdle as Record Buybacks Slow","url":"https://stock-news.laohu8.com/highlight/detail?id=2259083078","media":"Bloomberg","summary":"(Bloomberg) -- An end to corporate America’s record stock-buying spree is giving equity bulls one mo","content":"<html><head></head><body><p>(Bloomberg) -- An end to corporate America’s record stock-buying spree is giving equity bulls one more thing to worry about.</p><p>JPMorgan Chase &amp; Co., Citigroup Inc. and Best Buy Co Inc. all paused buyback plans when reporting their second-quarter results, deciding to hold on to cash instead as the Federal Reserve’s interest-rate hikes risk driving the economy into a recession. They’re among the 10 that have halted programs this year for reasons unrelated to M&amp;A -- a “very, very rare” phenomenon, according to Birinyi Associates.</p><p>The moves may be an early sign of a pullback from an era of record stock buybacks that erupted in the wake of the pandemic, when executives tapped cash hoards to purchase almost $1 trillion of their own shares. While analysts debate how much impact stock buybacks ultimately have, the retreat threatens to remove one crutch from a fragile market already contending with inflation and the specter of a global growth slowdown.</p><p>“Buybacks have been the largest source of US equity demand this year and a big support for stock markets,” said Mathieu Racheter, head of equity strategy at Julius Baer. “But buybacks are expected to slow from here amid a dimmer outlook for earnings and lower CEO confidence.”</p><p>By the end of the first quarter, US firms had spent just over $265 billion on buying back stock, a record amount, according to data from Barclays Plc. While repurchase announcements have still been strong year-to-date, some US firms “have used the second-quarter results to curtail existing buybacks on growth outlook concerns,” strategist Emmanuel Cau said.</p><p>JPMorgan Chief Executive Officer Jamie Dimon said the bank is taking a hiatus to meet higher capital requirements and allow flexibility for “a broad range of economic environments,” while reporting earnings that missed estimates. Citigroup also cited higher capital rules, saying it’s now in “capital-building mode.”</p><p>Other companies are also favoring using cash to bolster their businesses during a tough economic period.</p><p>Retailer Best Buy said it was pausing repurchases as part of its capital management strategy “in response to the current sales environment.” The company slashed its guidance and said inflation is pummeling consumers. And Starbucks Corp. founder Howard Schultz suspended the coffee chain’s buyback plan in April, saying the cash could be better spent on stores and staff.</p><h2>Tax Jitters</h2><p>The outlook for buybacks next year is even more uncertain, with a proposed tax on US stock repurchases expected to go into effect. Democrats are hoping that the 1% excise tax will slow the use of corporate buybacks, because they produce capital gains but no immediate tax bills.</p><p>That may open up a window for companies to pull forward their plans into the second half of this year. Still, strategists don’t expect this to provide a big prop to markets, given that overriding macroeconomic uncertainty will outweigh any positive sentiment from accelerated repurchases.</p><p>“Companies with clear guidance will likely try to front-load some of the buybacks, though it may not be as market-moving as some expect given the major macro drivers at the moment,” said Esty Dwek, chief investment officer at Flowbank SA.</p><p>Robert Cantwell, portfolio manager at Upholdings Group LLC in Nashville, agrees. “We don’t expect a ‘buyback rush’ in the second half since they are more dependent on share prices than a 1% tax,” he said. “The tax is more likely to depress share buybacks in favor of more M&amp;A or internal capex.”</p><p>But there’s some good news for those looking for a buyback boost: the stock market rebound since its June low may also reduce companies’ need to support their shares through repurchases.</p><p>“Equity market prices have been recovering strongly over the last month and buybacks should absolutely slow down as a result,” Cantwell said. “Slowing buybacks can be a sign of a strong market, as opposed to a weak one.”</p></body></html>","source":"yahoofinance","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>Stock Market Recovery Faces a New Hurdle as Record Buybacks Slow</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; 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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\">\nStock Market Recovery Faces a New Hurdle as Record Buybacks Slow\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-14 09:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/stock-market-recovery-faces-hurdle-180000861.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- An end to corporate America’s record stock-buying spree is giving equity bulls one more thing to worry about.JPMorgan Chase & Co., Citigroup Inc. and Best Buy Co Inc. all paused buyback...</p>\n\n<a href=\"https://finance.yahoo.com/news/stock-market-recovery-faces-hurdle-180000861.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/stock-market-recovery-faces-hurdle-180000861.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2259083078","content_text":"(Bloomberg) -- An end to corporate America’s record stock-buying spree is giving equity bulls one more thing to worry about.JPMorgan Chase & Co., Citigroup Inc. and Best Buy Co Inc. all paused buyback plans when reporting their second-quarter results, deciding to hold on to cash instead as the Federal Reserve’s interest-rate hikes risk driving the economy into a recession. They’re among the 10 that have halted programs this year for reasons unrelated to M&A -- a “very, very rare” phenomenon, according to Birinyi Associates.The moves may be an early sign of a pullback from an era of record stock buybacks that erupted in the wake of the pandemic, when executives tapped cash hoards to purchase almost $1 trillion of their own shares. While analysts debate how much impact stock buybacks ultimately have, the retreat threatens to remove one crutch from a fragile market already contending with inflation and the specter of a global growth slowdown.“Buybacks have been the largest source of US equity demand this year and a big support for stock markets,” said Mathieu Racheter, head of equity strategy at Julius Baer. “But buybacks are expected to slow from here amid a dimmer outlook for earnings and lower CEO confidence.”By the end of the first quarter, US firms had spent just over $265 billion on buying back stock, a record amount, according to data from Barclays Plc. While repurchase announcements have still been strong year-to-date, some US firms “have used the second-quarter results to curtail existing buybacks on growth outlook concerns,” strategist Emmanuel Cau said.JPMorgan Chief Executive Officer Jamie Dimon said the bank is taking a hiatus to meet higher capital requirements and allow flexibility for “a broad range of economic environments,” while reporting earnings that missed estimates. Citigroup also cited higher capital rules, saying it’s now in “capital-building mode.”Other companies are also favoring using cash to bolster their businesses during a tough economic period.Retailer Best Buy said it was pausing repurchases as part of its capital management strategy “in response to the current sales environment.” The company slashed its guidance and said inflation is pummeling consumers. And Starbucks Corp. founder Howard Schultz suspended the coffee chain’s buyback plan in April, saying the cash could be better spent on stores and staff.Tax JittersThe outlook for buybacks next year is even more uncertain, with a proposed tax on US stock repurchases expected to go into effect. Democrats are hoping that the 1% excise tax will slow the use of corporate buybacks, because they produce capital gains but no immediate tax bills.That may open up a window for companies to pull forward their plans into the second half of this year. Still, strategists don’t expect this to provide a big prop to markets, given that overriding macroeconomic uncertainty will outweigh any positive sentiment from accelerated repurchases.“Companies with clear guidance will likely try to front-load some of the buybacks, though it may not be as market-moving as some expect given the major macro drivers at the moment,” said Esty Dwek, chief investment officer at Flowbank SA.Robert Cantwell, portfolio manager at Upholdings Group LLC in Nashville, agrees. “We don’t expect a ‘buyback rush’ in the second half since they are more dependent on share prices than a 1% tax,” he said. “The tax is more likely to depress share buybacks in favor of more M&A or internal capex.”But there’s some good news for those looking for a buyback boost: the stock market rebound since its June low may also reduce companies’ need to support their shares through repurchases.“Equity market prices have been recovering strongly over the last month and buybacks should absolutely slow down as a result,” Cantwell said. “Slowing buybacks can be a sign of a strong market, as opposed to a weak one.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":487,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9902314912,"gmtCreate":1659654047739,"gmtModify":1705404404592,"author":{"id":"3581485181983823","authorId":"3581485181983823","name":"Joel0712","avatar":"https://community-static.tradeup.com/news/d88d0d4b1d64806be714578e542b4f97","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581485181983823","authorIdStr":"3581485181983823"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9902314912","repostId":"2256993259","repostType":4,"repost":{"id":"2256993259","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":1659627509,"share":"https://ttm.financial/m/news/2256993259?lang=&edition=full_marsco","pubTime":"2022-08-04 23:38","market":"us","language":"en","title":"Wall Street's \"Fear Gauge\" in Limbo As Big Investors Keep Shunning Stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=2256993259","media":"Reuters","summary":"(Reuters) - Wall Street’s most closely watched gauge of market anxiety shows expectations of choppy ","content":"<html><head></head><body><p>(Reuters) - Wall Street’s most closely watched gauge of market anxiety shows expectations of choppy trading ahead despite a recent snapback in U.S. stocks, though institutional investors&#39; low exposure to equities may help curb gyrations.</p><p>The Cboe Volatility Index, an options-based indicator that reflects demand for protection against drops in the stock market, recently stood at 23, following a sharp rally in stocks that has taken the S&amp;P 500 index up 12% from its mid-June low on expectations that the Federal Reserve may be less hawkish than anticipated in its fight against inflation.</p><p>VIX readings above 20 are generally associated with an elevated sense of investor anxiety about the near-term outlook for stocks, while readings north of 30 or 35 point to acute fear.</p><p>The VIX is well above its long-term median of 17.7, signaling continued unease about the longer-term outlook for stocks. Still, it is down from its year high of almost 40 and has oscillated between 20 and 30 for six weeks, its longest time within that 10-point range in a year-and-a-half.</p><p>Meanwhile, the VVIX index - a gauge of expected swings in the fear index, slumped to a three-year low earlier this week, signaling investors do not expect sharp swings in either direction from the VIX.</p><p>&#34;There is just less of a concern of an outlier kind of move in the market,&#34; said Chris Murphy, co-head of derivatives strategy at Susquehanna International Group.</p><p>The lowered expectations for extreme volatility come as investors assess whether stocks can sustain a rally in which the S&amp;P 500 in July notched its best one-month percentage gain since November 2020. The July rally followed stocks&#39; worst first half of the year since 1970.</p><p>San Francisco Fed President Mary Daly on Tuesday pushed back on expectations of a so-called dovish pivot from the Fed, saying that the central bank’s fight against inflation was &#34;nowhere near&#34; done, and data on U.S. employment on Friday and consumer prices next week could bolster the case for Fed hawkishness.</p><p>Meanwhile, several Wall Street banks have cast a skeptical eye on the recent rebound in stocks and warned of more downside ahead.</p><p>&#34;We view this as a bear market rally,&#34; wrote Savita Subramanian, equity and quant strategist at BofA Global Research in a report, noting that such rebounds have occurred an average of 1.5 times per bear market since 1929. The bank has a year-end target of 3,600 on the S&amp;P 500, about 14% below current levels.</p><h3>LOW EXPOSURE</h3><p>One factor that could help dampen market volatility in coming months is limited exposure to stocks among institutional investors, who earlier this year raced to cut their stock allocations as the Fed ramped up expectations that it will fight inflation with market-bruising interest rate hikes.</p><p>Despite the recent bounce, big investors&#39; exposure to stocks remains low. Equity positioning for both discretionary and systematic investors remains in the 12th percentile of its range since January 2010, according to a July 29 note by Deutsche Bank analysts.</p><p>&#34;Institutional positioning in equities is at the low end of its historical range,&#34; said Anand Omprakash, head of derivatives and quantitative strategy at Elevation Securities. &#34;You have a situation where the catalyst for an explosive equity crash is not as prevalent as it might have been in the past.&#34;</p><p>Lighter positioning means investors are not exhibiting the same rush to load up on options insurance against a downside move in stocks, a factor that can moderate the VIX&#39;s rise even if stocks come in for another bout of weakness.</p><p>The 10-day average daily trading volume in VIX options has slipped to about 360,000 contracts, the lowest since early January, according to a Reuters analysis.</p><p>Lighter allocations to equities may also take the edge off potential selloffs, said Max Grinacoff, U.S. equity derivatives strategist at BNP Paribas. His firm has a year-end target of 4,400 on the S&amp;P 500 - some 7% above current levels.</p><p>&#34;Because of how clean positioning has become through the year ... you are not having the impact from everyone running for the exit at once,&#34; he said.</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>Wall Street's \"Fear Gauge\" in Limbo As Big Investors Keep Shunning Stocks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall Street's \"Fear Gauge\" in Limbo As Big Investors Keep Shunning Stocks\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\">2022-08-04 23:38</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) - Wall Street’s most closely watched gauge of market anxiety shows expectations of choppy trading ahead despite a recent snapback in U.S. stocks, though institutional investors&#39; low exposure to equities may help curb gyrations.</p><p>The Cboe Volatility Index, an options-based indicator that reflects demand for protection against drops in the stock market, recently stood at 23, following a sharp rally in stocks that has taken the S&amp;P 500 index up 12% from its mid-June low on expectations that the Federal Reserve may be less hawkish than anticipated in its fight against inflation.</p><p>VIX readings above 20 are generally associated with an elevated sense of investor anxiety about the near-term outlook for stocks, while readings north of 30 or 35 point to acute fear.</p><p>The VIX is well above its long-term median of 17.7, signaling continued unease about the longer-term outlook for stocks. Still, it is down from its year high of almost 40 and has oscillated between 20 and 30 for six weeks, its longest time within that 10-point range in a year-and-a-half.</p><p>Meanwhile, the VVIX index - a gauge of expected swings in the fear index, slumped to a three-year low earlier this week, signaling investors do not expect sharp swings in either direction from the VIX.</p><p>&#34;There is just less of a concern of an outlier kind of move in the market,&#34; said Chris Murphy, co-head of derivatives strategy at Susquehanna International Group.</p><p>The lowered expectations for extreme volatility come as investors assess whether stocks can sustain a rally in which the S&amp;P 500 in July notched its best one-month percentage gain since November 2020. The July rally followed stocks&#39; worst first half of the year since 1970.</p><p>San Francisco Fed President Mary Daly on Tuesday pushed back on expectations of a so-called dovish pivot from the Fed, saying that the central bank’s fight against inflation was &#34;nowhere near&#34; done, and data on U.S. employment on Friday and consumer prices next week could bolster the case for Fed hawkishness.</p><p>Meanwhile, several Wall Street banks have cast a skeptical eye on the recent rebound in stocks and warned of more downside ahead.</p><p>&#34;We view this as a bear market rally,&#34; wrote Savita Subramanian, equity and quant strategist at BofA Global Research in a report, noting that such rebounds have occurred an average of 1.5 times per bear market since 1929. The bank has a year-end target of 3,600 on the S&amp;P 500, about 14% below current levels.</p><h3>LOW EXPOSURE</h3><p>One factor that could help dampen market volatility in coming months is limited exposure to stocks among institutional investors, who earlier this year raced to cut their stock allocations as the Fed ramped up expectations that it will fight inflation with market-bruising interest rate hikes.</p><p>Despite the recent bounce, big investors&#39; exposure to stocks remains low. Equity positioning for both discretionary and systematic investors remains in the 12th percentile of its range since January 2010, according to a July 29 note by Deutsche Bank analysts.</p><p>&#34;Institutional positioning in equities is at the low end of its historical range,&#34; said Anand Omprakash, head of derivatives and quantitative strategy at Elevation Securities. &#34;You have a situation where the catalyst for an explosive equity crash is not as prevalent as it might have been in the past.&#34;</p><p>Lighter positioning means investors are not exhibiting the same rush to load up on options insurance against a downside move in stocks, a factor that can moderate the VIX&#39;s rise even if stocks come in for another bout of weakness.</p><p>The 10-day average daily trading volume in VIX options has slipped to about 360,000 contracts, the lowest since early January, according to a Reuters analysis.</p><p>Lighter allocations to equities may also take the edge off potential selloffs, said Max Grinacoff, U.S. equity derivatives strategist at BNP Paribas. His firm has a year-end target of 4,400 on the S&amp;P 500 - some 7% above current levels.</p><p>&#34;Because of how clean positioning has become through the year ... you are not having the impact from everyone running for the exit at once,&#34; he said.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"VXX":"短期VIX期货ETN","VIX":"标普500波动率指数"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2256993259","content_text":"(Reuters) - Wall Street’s most closely watched gauge of market anxiety shows expectations of choppy trading ahead despite a recent snapback in U.S. stocks, though institutional investors' low exposure to equities may help curb gyrations.The Cboe Volatility Index, an options-based indicator that reflects demand for protection against drops in the stock market, recently stood at 23, following a sharp rally in stocks that has taken the S&P 500 index up 12% from its mid-June low on expectations that the Federal Reserve may be less hawkish than anticipated in its fight against inflation.VIX readings above 20 are generally associated with an elevated sense of investor anxiety about the near-term outlook for stocks, while readings north of 30 or 35 point to acute fear.The VIX is well above its long-term median of 17.7, signaling continued unease about the longer-term outlook for stocks. Still, it is down from its year high of almost 40 and has oscillated between 20 and 30 for six weeks, its longest time within that 10-point range in a year-and-a-half.Meanwhile, the VVIX index - a gauge of expected swings in the fear index, slumped to a three-year low earlier this week, signaling investors do not expect sharp swings in either direction from the VIX.\"There is just less of a concern of an outlier kind of move in the market,\" said Chris Murphy, co-head of derivatives strategy at Susquehanna International Group.The lowered expectations for extreme volatility come as investors assess whether stocks can sustain a rally in which the S&P 500 in July notched its best one-month percentage gain since November 2020. The July rally followed stocks' worst first half of the year since 1970.San Francisco Fed President Mary Daly on Tuesday pushed back on expectations of a so-called dovish pivot from the Fed, saying that the central bank’s fight against inflation was \"nowhere near\" done, and data on U.S. employment on Friday and consumer prices next week could bolster the case for Fed hawkishness.Meanwhile, several Wall Street banks have cast a skeptical eye on the recent rebound in stocks and warned of more downside ahead.\"We view this as a bear market rally,\" wrote Savita Subramanian, equity and quant strategist at BofA Global Research in a report, noting that such rebounds have occurred an average of 1.5 times per bear market since 1929. The bank has a year-end target of 3,600 on the S&P 500, about 14% below current levels.LOW EXPOSUREOne factor that could help dampen market volatility in coming months is limited exposure to stocks among institutional investors, who earlier this year raced to cut their stock allocations as the Fed ramped up expectations that it will fight inflation with market-bruising interest rate hikes.Despite the recent bounce, big investors' exposure to stocks remains low. Equity positioning for both discretionary and systematic investors remains in the 12th percentile of its range since January 2010, according to a July 29 note by Deutsche Bank analysts.\"Institutional positioning in equities is at the low end of its historical range,\" said Anand Omprakash, head of derivatives and quantitative strategy at Elevation Securities. \"You have a situation where the catalyst for an explosive equity crash is not as prevalent as it might have been in the past.\"Lighter positioning means investors are not exhibiting the same rush to load up on options insurance against a downside move in stocks, a factor that can moderate the VIX's rise even if stocks come in for another bout of weakness.The 10-day average daily trading volume in VIX options has slipped to about 360,000 contracts, the lowest since early January, according to a Reuters analysis.Lighter allocations to equities may also take the edge off potential selloffs, said Max Grinacoff, U.S. equity derivatives strategist at BNP Paribas. His firm has a year-end target of 4,400 on the S&P 500 - some 7% above current levels.\"Because of how clean positioning has become through the year ... you are not having the impact from everyone running for the exit at once,\" he said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":403,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9043826394,"gmtCreate":1655907273318,"gmtModify":1676535729578,"author":{"id":"3581485181983823","authorId":"3581485181983823","name":"Joel0712","avatar":"https://community-static.tradeup.com/news/d88d0d4b1d64806be714578e542b4f97","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581485181983823","authorIdStr":"3581485181983823"},"themes":[],"htmlText":"OK","listText":"OK","text":"OK","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9043826394","repostId":"1176670088","repostType":4,"repost":{"id":"1176670088","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":1655898997,"share":"https://ttm.financial/m/news/1176670088?lang=&edition=full_marsco","pubTime":"2022-06-22 19:56","market":"us","language":"en","title":"Pre-Bell｜Big Tech Stocks Slide; One Company Shares Soar 30%","url":"https://stock-news.laohu8.com/highlight/detail?id=1176670088","media":"Tiger Newspress","summary":"Wall Street futures fell on Wednesday after a broad-based rally in the previous session, with invest","content":"<html><head></head><body><p>Wall Street futures fell on Wednesday after a broad-based rally in the previous session, with investor focus squarely on Federal Reserve Chair Jerome Powell&#39;s congressional testimony to gauge the pace of future interest rate hikes.</p><p>U.S. stock indexes have been whipsawed in recent sessions as investors debate whether the market has hit a bottom in the wake of a sharp selloff on concerns that aggressive policy moves by central banks could trigger a global economic slowdown.</p><p>Megacap technology and growth stocks Apple, Microsoft, Alphabet, Amazon, Meta Platforms, Netflix, Tesla and Nvidia fell between 1% and 2.3% in premarket trading.</p><p>Oil prices skid more than 4% as U.S. President Joe Biden pushed to cut taxes on fuel to reduce costs for drivers amid aggravated relations between the White House and the U.S. oil industry.</p><p><b>Market Snapshot</b></p><p>At 07:50 a.m. ET, Dow e-minis were down 361 points, or 1.18%, S&amp;P 500 e-minis were down 51 points, or 1.35%, and Nasdaq 100 e-minis were down 173.25 points, or 1.5%.</p><p><img src=\"https://static.tigerbbs.com/a7cd07615cb00231b455cd5917553014\" tg-width=\"385\" tg-height=\"187\" referrerpolicy=\"no-referrer\"/></p><p><b>Pre-Market Movers</b></p><p><b>Winnebago (WGO)</b> – The recreational vehicle maker saw its stock jump 3.9% after it beat top and bottom-line estimates for its latest quarter. Winnebago earned an adjusted $4.13 per share, compared with a consensus estimate of $2.96, helped by higher prices and a jump in its gross profit margins.</p><p><b>La-Z-Boy (LZB)</b> – La-Z-Boy rallied 9.3% in premarket trading after posting better-than-expected quarterly results that included record sales for the furniture maker. The company also said it is focusing efforts to reduce its backlog and shorten lead times.</p><p><b>Revlon (REV)</b> – Revlon shares surged 30% in premarket trading, continuing a rally that began after the cosmetics maker filed for Chapter 11 bankruptcy protection last week. Revlon soared 91% Friday and jumped another 62% yesterday.</p><p><b>Korn Ferry (KFY)</b> – The consulting firm reported an adjusted quarterly profit of $1.75 per share, beating consensus estimates by 20 cents, with revenue also topping Wall Street forecasts. Results were boosted by a 30% jump in fee revenue compared with a year earlier. Korn Ferry also announced a 25% dividend increase, and its stock rallied 3.1% in premarket trading.</p><p><b>Airbnb (ABNB)</b> – Airbnb fell 3% in the premarket after JMP Securities downgraded it to “market perform” from “market outperform,” saying that the post-pandemic jump in travel demand is already reflected in Airbnb’s valuation.</p><p><b>Dow Inc.</b> <b>(DOW)</b> – The chemical maker’s shares fell 4.4% in premarket action after Credit Suisse downgraded the stock to “underperform” from “neutral.” Credit Suisse said several pandemic-related factors that boosted Dow and its peers could be in the process of reversing.</p><p><b>PulteGroup (PHM)</b> – PulteGroup slid 2.3% in premarket trading after RBC Capital Markets downgraded the home builder’s stock to “sector perform” from “outperform.” RBC also cut earnings estimates on the expectation that the housing market will further deteriorate as mortgage rates continue to rise.</p><p><b>Equity Residential</b> <b>(EQR)</b> – Equity Residential was upgraded to “outperform” from “sector perform” at RBC Capital Markets. RBC feels the residential property REIT will benefit from its focus on affluent renters.</p><p><b>New Relic (NEWR)</b> – The data analysis platform company’s stock jumped 1.4% in the premarket after Jana Partners disclosed a 5.4% stake. In an SEC filing, Jana said it believes the stock is undervalued and represents an attractive investment opportunity.</p><p><b>Market News</b></p><p><b>Biden Will Ask Congress on Wednesday to Pause Gas Tax Amid Record Pump Prices</b></p><p>U.S. President Joe Biden on Wednesday will call on Congress to pass a three-month suspension of the federal gasoline tax to help combat record pump prices, according to a senior administration official.</p><p><b>The Fed’s Powell Goes to Capitol Hill Today</b></p><p>Powell will deliver the central bank’s semiannual monetary-policy report to the Senate Banking Committee on Wednesday, one week after the Fed initiated the biggest interest-rate increase in about three decades. Expect legislators to focus on the trajectory of inflation and the odds of a recession, and demand more clarity on the Fed’s long-range projections.</p><p><b>IEA Chief Warns Europe to Prepare for Total Shutdown of Russian Gas Exports</b></p><p>International Energy Agency (IEA) chief Fatih Birol issued a warning to Europe, urging governments to remain prepared over a total shutdown of Russian gas exports this winter, the Financial Times (FT) reports.</p><p><b>Deutsche Bank CEO, Citi See 50% Recession Chance as Rates Rise</b></p><p>“At least I would say we have 50% likelihood of a recession globally,” the Deutsche Bank CEO said in an interview. In the US and Europe, “the likelihood of a recession coming in the second half of 2023, while at the same time the interest rates go up, is obviously up versus the forecasts we had before the war broke out” in Ukraine. His comments came on the same day that analysts at Citigroup Inc. made a similar prediction, citing supply shocks and higher interest rates.</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>Pre-Bell｜Big Tech Stocks Slide; One Company Shares Soar 30%</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\">\nPre-Bell｜Big Tech Stocks Slide; One Company Shares Soar 30%\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\">2022-06-22 19:56</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Wall Street futures fell on Wednesday after a broad-based rally in the previous session, with investor focus squarely on Federal Reserve Chair Jerome Powell&#39;s congressional testimony to gauge the pace of future interest rate hikes.</p><p>U.S. stock indexes have been whipsawed in recent sessions as investors debate whether the market has hit a bottom in the wake of a sharp selloff on concerns that aggressive policy moves by central banks could trigger a global economic slowdown.</p><p>Megacap technology and growth stocks Apple, Microsoft, Alphabet, Amazon, Meta Platforms, Netflix, Tesla and Nvidia fell between 1% and 2.3% in premarket trading.</p><p>Oil prices skid more than 4% as U.S. President Joe Biden pushed to cut taxes on fuel to reduce costs for drivers amid aggravated relations between the White House and the U.S. oil industry.</p><p><b>Market Snapshot</b></p><p>At 07:50 a.m. ET, Dow e-minis were down 361 points, or 1.18%, S&amp;P 500 e-minis were down 51 points, or 1.35%, and Nasdaq 100 e-minis were down 173.25 points, or 1.5%.</p><p><img src=\"https://static.tigerbbs.com/a7cd07615cb00231b455cd5917553014\" tg-width=\"385\" tg-height=\"187\" referrerpolicy=\"no-referrer\"/></p><p><b>Pre-Market Movers</b></p><p><b>Winnebago (WGO)</b> – The recreational vehicle maker saw its stock jump 3.9% after it beat top and bottom-line estimates for its latest quarter. Winnebago earned an adjusted $4.13 per share, compared with a consensus estimate of $2.96, helped by higher prices and a jump in its gross profit margins.</p><p><b>La-Z-Boy (LZB)</b> – La-Z-Boy rallied 9.3% in premarket trading after posting better-than-expected quarterly results that included record sales for the furniture maker. The company also said it is focusing efforts to reduce its backlog and shorten lead times.</p><p><b>Revlon (REV)</b> – Revlon shares surged 30% in premarket trading, continuing a rally that began after the cosmetics maker filed for Chapter 11 bankruptcy protection last week. Revlon soared 91% Friday and jumped another 62% yesterday.</p><p><b>Korn Ferry (KFY)</b> – The consulting firm reported an adjusted quarterly profit of $1.75 per share, beating consensus estimates by 20 cents, with revenue also topping Wall Street forecasts. Results were boosted by a 30% jump in fee revenue compared with a year earlier. Korn Ferry also announced a 25% dividend increase, and its stock rallied 3.1% in premarket trading.</p><p><b>Airbnb (ABNB)</b> – Airbnb fell 3% in the premarket after JMP Securities downgraded it to “market perform” from “market outperform,” saying that the post-pandemic jump in travel demand is already reflected in Airbnb’s valuation.</p><p><b>Dow Inc.</b> <b>(DOW)</b> – The chemical maker’s shares fell 4.4% in premarket action after Credit Suisse downgraded the stock to “underperform” from “neutral.” Credit Suisse said several pandemic-related factors that boosted Dow and its peers could be in the process of reversing.</p><p><b>PulteGroup (PHM)</b> – PulteGroup slid 2.3% in premarket trading after RBC Capital Markets downgraded the home builder’s stock to “sector perform” from “outperform.” RBC also cut earnings estimates on the expectation that the housing market will further deteriorate as mortgage rates continue to rise.</p><p><b>Equity Residential</b> <b>(EQR)</b> – Equity Residential was upgraded to “outperform” from “sector perform” at RBC Capital Markets. RBC feels the residential property REIT will benefit from its focus on affluent renters.</p><p><b>New Relic (NEWR)</b> – The data analysis platform company’s stock jumped 1.4% in the premarket after Jana Partners disclosed a 5.4% stake. In an SEC filing, Jana said it believes the stock is undervalued and represents an attractive investment opportunity.</p><p><b>Market News</b></p><p><b>Biden Will Ask Congress on Wednesday to Pause Gas Tax Amid Record Pump Prices</b></p><p>U.S. President Joe Biden on Wednesday will call on Congress to pass a three-month suspension of the federal gasoline tax to help combat record pump prices, according to a senior administration official.</p><p><b>The Fed’s Powell Goes to Capitol Hill Today</b></p><p>Powell will deliver the central bank’s semiannual monetary-policy report to the Senate Banking Committee on Wednesday, one week after the Fed initiated the biggest interest-rate increase in about three decades. Expect legislators to focus on the trajectory of inflation and the odds of a recession, and demand more clarity on the Fed’s long-range projections.</p><p><b>IEA Chief Warns Europe to Prepare for Total Shutdown of Russian Gas Exports</b></p><p>International Energy Agency (IEA) chief Fatih Birol issued a warning to Europe, urging governments to remain prepared over a total shutdown of Russian gas exports this winter, the Financial Times (FT) reports.</p><p><b>Deutsche Bank CEO, Citi See 50% Recession Chance as Rates Rise</b></p><p>“At least I would say we have 50% likelihood of a recession globally,” the Deutsche Bank CEO said in an interview. In the US and Europe, “the likelihood of a recession coming in the second half of 2023, while at the same time the interest rates go up, is obviously up versus the forecasts we had before the war broke out” in Ukraine. His comments came on the same day that analysts at Citigroup Inc. made a similar prediction, citing supply shocks and higher interest rates.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ABNB":"爱彼迎","EQR":"资产住宅公司","PHM":"普得集团","GOOGL":"谷歌A","TSLA":"特斯拉","DOW":"陶氏化学","KFY":"光辉国际咨询顾问","NFLX":"奈飞","LZB":"La-Z-Boy家具","META":"Meta Platforms, Inc.","NVDA":"英伟达","AMZN":"亚马逊","NEWR":"New Relic","AAPL":"苹果",".DJI":"道琼斯","WGO":"温尼巴格实业",".IXIC":"NASDAQ Composite","MSFT":"微软",".SPX":"S&P 500 Index"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176670088","content_text":"Wall Street futures fell on Wednesday after a broad-based rally in the previous session, with investor focus squarely on Federal Reserve Chair Jerome Powell's congressional testimony to gauge the pace of future interest rate hikes.U.S. stock indexes have been whipsawed in recent sessions as investors debate whether the market has hit a bottom in the wake of a sharp selloff on concerns that aggressive policy moves by central banks could trigger a global economic slowdown.Megacap technology and growth stocks Apple, Microsoft, Alphabet, Amazon, Meta Platforms, Netflix, Tesla and Nvidia fell between 1% and 2.3% in premarket trading.Oil prices skid more than 4% as U.S. President Joe Biden pushed to cut taxes on fuel to reduce costs for drivers amid aggravated relations between the White House and the U.S. oil industry.Market SnapshotAt 07:50 a.m. ET, Dow e-minis were down 361 points, or 1.18%, S&P 500 e-minis were down 51 points, or 1.35%, and Nasdaq 100 e-minis were down 173.25 points, or 1.5%.Pre-Market MoversWinnebago (WGO) – The recreational vehicle maker saw its stock jump 3.9% after it beat top and bottom-line estimates for its latest quarter. Winnebago earned an adjusted $4.13 per share, compared with a consensus estimate of $2.96, helped by higher prices and a jump in its gross profit margins.La-Z-Boy (LZB) – La-Z-Boy rallied 9.3% in premarket trading after posting better-than-expected quarterly results that included record sales for the furniture maker. The company also said it is focusing efforts to reduce its backlog and shorten lead times.Revlon (REV) – Revlon shares surged 30% in premarket trading, continuing a rally that began after the cosmetics maker filed for Chapter 11 bankruptcy protection last week. Revlon soared 91% Friday and jumped another 62% yesterday.Korn Ferry (KFY) – The consulting firm reported an adjusted quarterly profit of $1.75 per share, beating consensus estimates by 20 cents, with revenue also topping Wall Street forecasts. Results were boosted by a 30% jump in fee revenue compared with a year earlier. Korn Ferry also announced a 25% dividend increase, and its stock rallied 3.1% in premarket trading.Airbnb (ABNB) – Airbnb fell 3% in the premarket after JMP Securities downgraded it to “market perform” from “market outperform,” saying that the post-pandemic jump in travel demand is already reflected in Airbnb’s valuation.Dow Inc. (DOW) – The chemical maker’s shares fell 4.4% in premarket action after Credit Suisse downgraded the stock to “underperform” from “neutral.” Credit Suisse said several pandemic-related factors that boosted Dow and its peers could be in the process of reversing.PulteGroup (PHM) – PulteGroup slid 2.3% in premarket trading after RBC Capital Markets downgraded the home builder’s stock to “sector perform” from “outperform.” RBC also cut earnings estimates on the expectation that the housing market will further deteriorate as mortgage rates continue to rise.Equity Residential (EQR) – Equity Residential was upgraded to “outperform” from “sector perform” at RBC Capital Markets. RBC feels the residential property REIT will benefit from its focus on affluent renters.New Relic (NEWR) – The data analysis platform company’s stock jumped 1.4% in the premarket after Jana Partners disclosed a 5.4% stake. In an SEC filing, Jana said it believes the stock is undervalued and represents an attractive investment opportunity.Market NewsBiden Will Ask Congress on Wednesday to Pause Gas Tax Amid Record Pump PricesU.S. President Joe Biden on Wednesday will call on Congress to pass a three-month suspension of the federal gasoline tax to help combat record pump prices, according to a senior administration official.The Fed’s Powell Goes to Capitol Hill TodayPowell will deliver the central bank’s semiannual monetary-policy report to the Senate Banking Committee on Wednesday, one week after the Fed initiated the biggest interest-rate increase in about three decades. Expect legislators to focus on the trajectory of inflation and the odds of a recession, and demand more clarity on the Fed’s long-range projections.IEA Chief Warns Europe to Prepare for Total Shutdown of Russian Gas ExportsInternational Energy Agency (IEA) chief Fatih Birol issued a warning to Europe, urging governments to remain prepared over a total shutdown of Russian gas exports this winter, the Financial Times (FT) reports.Deutsche Bank CEO, Citi See 50% Recession Chance as Rates Rise“At least I would say we have 50% likelihood of a recession globally,” the Deutsche Bank CEO said in an interview. In the US and Europe, “the likelihood of a recession coming in the second half of 2023, while at the same time the interest rates go up, is obviously up versus the forecasts we had before the war broke out” in Ukraine. His comments came on the same day that analysts at Citigroup Inc. made a similar prediction, citing supply shocks and higher interest rates.","news_type":1},"isVote":1,"tweetType":1,"viewCount":587,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4113904591642392","authorId":"4113904591642392","name":"LMSunshine","avatar":"https://community-static.tradeup.com/news/0ad636f2490d8428fcee9da6d669e46c","crmLevel":1,"crmLevelSwitch":0,"idStr":"4113904591642392","authorIdStr":"4113904591642392"},"content":"Thanks for leaving a comment in my post, appreciate it loads 🤗 Do check out other posts on my homepage & please help to like, many thanks 🤓","text":"Thanks for leaving a comment in my post, appreciate it loads 🤗 Do check out other posts on my homepage & please help to like, many thanks 🤓","html":"Thanks for leaving a comment in my post, appreciate it loads 🤗 Do check out other posts on my homepage & please help to like, many thanks 🤓"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9049137408,"gmtCreate":1655768881504,"gmtModify":1676535699462,"author":{"id":"3581485181983823","authorId":"3581485181983823","name":"Joel0712","avatar":"https://community-static.tradeup.com/news/d88d0d4b1d64806be714578e542b4f97","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581485181983823","authorIdStr":"3581485181983823"},"themes":[],"htmlText":"No&nbsp;","listText":"No&nbsp;","text":"No","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9049137408","repostId":"1193384401","repostType":4,"repost":{"id":"1193384401","kind":"news","pubTimestamp":1655768189,"share":"https://ttm.financial/m/news/1193384401?lang=&edition=full_marsco","pubTime":"2022-06-21 07:36","language":"en","title":"ASX to Rise; RBA Admits Reputational Damage on Yield Control","url":"https://stock-news.laohu8.com/highlight/detail?id=1193384401","media":"The Market Herald","summary":"Aussie shares will shoot for their first rise in eight sessions following a  rebound in European sto","content":"<html><head></head><body><p>Aussie shares will shoot for their first rise in eight sessions following a  rebound in European stocks and US equity futures during a US market holiday.</p><p><b>ASX futures</b> rallied 47 points or 0.74 percent. The advance raises hopes for a break in a losing run that has stripped 688 points off the S&amp;P/ASX 200 since June 8.</p><p>Oil reversed to a gain overnight. Iron ore sank for a ninth session. Copper fell to its lowest since early October before bouncing higher. The dollar steadied below 70 US cents.</p><p><b>Europe</b></p><p>Banks and energy producers led as European stocks rebounded from last week’s losses. Trading volumes were constrained by the Juneteenth long weekend in the US.</p><p>The pan-European <b>Stoxx 600</b> index climbed 0.96 percent. Britain’s FTSE 100 index put on 1.5 percent.</p><p>The <b>financial sector</b> climbed 3.3 percent to lead gains. Banks slumped last week after the US Federal Reserve announced the biggest rate hike in 28 years, and central banks in Switzerland and Britain both raised.</p><p>Germany’s DAX index gained 1.06 percent despite a surge in <b>producer prices.</b> German wholesale prices were a third higher last month than the same time last year, well above expectations.</p><p><b>French stocks</b> trailled after President Emmanuel Macron lost his parliamentary majority over the weekend. Macron’s centrist coalition secured the most seats in the National Assembly, but fell short of an absolute majority. The CAC 40 index edged up 0.64 percent.</p><p>The European Union has been struggling with vastly different borrowing costs among member countries as sovereign <b>bond yields</b> surge. Governments in Italy and Greece have had to pay much more to borrow than Germany and France.</p><p>The disparity under the constraints of the <b>euro</b> once again raised the risk of the currency bloc disintegrating. The crisis prompted the European Central Bank to announce plans last week for a new tool to address the issue.</p><p><b>US equity futures</b> rallied with Europe. S&amp;P 500 futures firmed 41 points or 1.11 percent. Dow futures rose 256 points or 0.86 percent. Nasdaq futures gained 129 points or 1.14 percent.</p><p>Europe’s benchmark has fared better than Wall Street this year. The Stoxx 600 has fallen almost 17 percent while the S&amp;P 500 entered a bear market.</p><p>Turmoil on cryptocurrency markets temporarily abated. <b>Bitcoin</b> was this morning trading back above US$20,000 at US$20,548 after falling as low as US$17,630 over the weekend.</p><p><b>Australian outlook</b></p><p>Is that… green? The <b>S&amp;P/ASX 200</b> appears to have broadly positive leads for the first time in an aeon.</p><p>US futures built nicely overnight as Europe ignored the commodities turmoil that swept Asia yesterday. Those pricing pressures have not dissipated for Australia’s miners, but strength in European banking, energy and travel stocks suggest there should be counter-balances for the ASX this session.</p><p>The market looks short-term oversold and due some respite, even if only for a session or two. Rallies in recent weeks have been treated as selling opportunities (“fading the rally”). Today will be another test of investors’ willingness to stay the course. Any sort of positive finish tonight would be a win for the bulls.</p><p>The <b>Reserve Bank</b> has two opportunities today to clarify the outlook for interest rates. First, Governor Philip Lowe delivers a speech on ‘Inflation and Monetary Policy’ at a Sydney event at 10 am AEST. Then at 11.30 am the central bank releases the minutes from this month’s policy meeting, which concluded with the biggest rate hike in 22 years.</p><p>The <b>dollar</b> steadied this morning, up 0.1 percent at 69.53 US cents.</p><p><b>Commodities</b></p><p><b>Iron ore</b> turned negative for the year as Chinese steel mills cut production in the face of falling demand. Chinese housing construction has fallen sharply amid declining property prices and a debt crisis among developers.</p><p>“May was particularly bad, down somewhere between 30 and 40 percent year on year on new starts,” Colin Hamilton, head of commodities research at BMO Capital Markets, told Britain’s FT.</p><p>Ore prices slumped 8 percent yesterday to US$111.35 a tonne, according to S&amp;P Global Platts. The spot price for ore landed at Tianjin fell US$3.38 or 2.6 percent to US$128 a tonne.</p><p>BHP and Rio Tinto declined in UK trade.<b>BHP</b>‘s UK stock fell 1.59 percent. <b>Rio Tinto</b> shed 1 percent.</p><p><b>Oil</b> hit a one-month low before recovering. Brent crude settled US$1.01 or 0.9 percent ahead at US$114.13 a barrel after trading as low as US$111.52.</p><p>Prices plunged on Friday as crude belatedly responded to worries about demand destruction as inflationary pressures force consumers to reduce spending.</p><p>“We’ve got two really competing narratives happening,” Houston oil consultant Andrew Lipow told Reuters. “One is sanctions on Russian supplies. On the other hand, we see the high prices resulting in some demand destruction.”</p><p>“Friday’s steep price fall can be seen as a delayed reaction to the concerns about recession that have already been weighing on the prices of other commodities for some time,” Commerzbank analyst Carsten Fritsch said.</p><p><b>Copper</b> touched its lowest since October 1 before recovering as the mood on the London Metal Exchange improved. Benchmark copper finished 0.3 per cent ahead at US$8,989.50 a tonne. Aluminium climbed 1.3 percent, nickel 0.3 percent, lead 0.6 percent and zinc 0.5 percent. Tin eased 1.3 percent.</p><p><b>Gold</b> was little changed ahead of the resumption of US trade. Gold for August delivery was lately down 50 US cents or 0.03 percent at US$1,840.10 an ounce in electronic trade in the US.</p></body></html>","source":"lsy1645078131697","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>ASX to Rise; RBA Admits Reputational Damage on Yield Control</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\">\nASX to Rise; RBA Admits Reputational Damage on Yield Control\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-21 07:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://themarketherald.com.au/asx-today-positive-leads-as-europe-us-futures-rally-2022-06-21/><strong>The Market Herald</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Aussie shares will shoot for their first rise in eight sessions following a  rebound in European stocks and US equity futures during a US market holiday.ASX futures rallied 47 points or 0.74 percent. ...</p>\n\n<a href=\"https://themarketherald.com.au/asx-today-positive-leads-as-europe-us-futures-rally-2022-06-21/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XKO.AU":"标普/澳交所 300指数","XAO.AU":"标普/澳交所 普通股指数","XJO.AU":"标普/澳交所 200指数"},"source_url":"https://themarketherald.com.au/asx-today-positive-leads-as-europe-us-futures-rally-2022-06-21/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1193384401","content_text":"Aussie shares will shoot for their first rise in eight sessions following a  rebound in European stocks and US equity futures during a US market holiday.ASX futures rallied 47 points or 0.74 percent. The advance raises hopes for a break in a losing run that has stripped 688 points off the S&P/ASX 200 since June 8.Oil reversed to a gain overnight. Iron ore sank for a ninth session. Copper fell to its lowest since early October before bouncing higher. The dollar steadied below 70 US cents.EuropeBanks and energy producers led as European stocks rebounded from last week’s losses. Trading volumes were constrained by the Juneteenth long weekend in the US.The pan-European Stoxx 600 index climbed 0.96 percent. Britain’s FTSE 100 index put on 1.5 percent.The financial sector climbed 3.3 percent to lead gains. Banks slumped last week after the US Federal Reserve announced the biggest rate hike in 28 years, and central banks in Switzerland and Britain both raised.Germany’s DAX index gained 1.06 percent despite a surge in producer prices. German wholesale prices were a third higher last month than the same time last year, well above expectations.French stocks trailled after President Emmanuel Macron lost his parliamentary majority over the weekend. Macron’s centrist coalition secured the most seats in the National Assembly, but fell short of an absolute majority. The CAC 40 index edged up 0.64 percent.The European Union has been struggling with vastly different borrowing costs among member countries as sovereign bond yields surge. Governments in Italy and Greece have had to pay much more to borrow than Germany and France.The disparity under the constraints of the euro once again raised the risk of the currency bloc disintegrating. The crisis prompted the European Central Bank to announce plans last week for a new tool to address the issue.US equity futures rallied with Europe. S&P 500 futures firmed 41 points or 1.11 percent. Dow futures rose 256 points or 0.86 percent. Nasdaq futures gained 129 points or 1.14 percent.Europe’s benchmark has fared better than Wall Street this year. The Stoxx 600 has fallen almost 17 percent while the S&P 500 entered a bear market.Turmoil on cryptocurrency markets temporarily abated. Bitcoin was this morning trading back above US$20,000 at US$20,548 after falling as low as US$17,630 over the weekend.Australian outlookIs that… green? The S&P/ASX 200 appears to have broadly positive leads for the first time in an aeon.US futures built nicely overnight as Europe ignored the commodities turmoil that swept Asia yesterday. Those pricing pressures have not dissipated for Australia’s miners, but strength in European banking, energy and travel stocks suggest there should be counter-balances for the ASX this session.The market looks short-term oversold and due some respite, even if only for a session or two. Rallies in recent weeks have been treated as selling opportunities (“fading the rally”). Today will be another test of investors’ willingness to stay the course. Any sort of positive finish tonight would be a win for the bulls.The Reserve Bank has two opportunities today to clarify the outlook for interest rates. First, Governor Philip Lowe delivers a speech on ‘Inflation and Monetary Policy’ at a Sydney event at 10 am AEST. Then at 11.30 am the central bank releases the minutes from this month’s policy meeting, which concluded with the biggest rate hike in 22 years.The dollar steadied this morning, up 0.1 percent at 69.53 US cents.CommoditiesIron ore turned negative for the year as Chinese steel mills cut production in the face of falling demand. Chinese housing construction has fallen sharply amid declining property prices and a debt crisis among developers.“May was particularly bad, down somewhere between 30 and 40 percent year on year on new starts,” Colin Hamilton, head of commodities research at BMO Capital Markets, told Britain’s FT.Ore prices slumped 8 percent yesterday to US$111.35 a tonne, according to S&P Global Platts. The spot price for ore landed at Tianjin fell US$3.38 or 2.6 percent to US$128 a tonne.BHP and Rio Tinto declined in UK trade.BHP‘s UK stock fell 1.59 percent. Rio Tinto shed 1 percent.Oil hit a one-month low before recovering. Brent crude settled US$1.01 or 0.9 percent ahead at US$114.13 a barrel after trading as low as US$111.52.Prices plunged on Friday as crude belatedly responded to worries about demand destruction as inflationary pressures force consumers to reduce spending.“We’ve got two really competing narratives happening,” Houston oil consultant Andrew Lipow told Reuters. “One is sanctions on Russian supplies. On the other hand, we see the high prices resulting in some demand destruction.”“Friday’s steep price fall can be seen as a delayed reaction to the concerns about recession that have already been weighing on the prices of other commodities for some time,” Commerzbank analyst Carsten Fritsch said.Copper touched its lowest since October 1 before recovering as the mood on the London Metal Exchange improved. Benchmark copper finished 0.3 per cent ahead at US$8,989.50 a tonne. Aluminium climbed 1.3 percent, nickel 0.3 percent, lead 0.6 percent and zinc 0.5 percent. Tin eased 1.3 percent.Gold was little changed ahead of the resumption of US trade. Gold for August delivery was lately down 50 US cents or 0.03 percent at US$1,840.10 an ounce in electronic trade in the US.","news_type":1},"isVote":1,"tweetType":1,"viewCount":588,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9049134206,"gmtCreate":1655768848705,"gmtModify":1676535699441,"author":{"id":"3581485181983823","authorId":"3581485181983823","name":"Joel0712","avatar":"https://community-static.tradeup.com/news/d88d0d4b1d64806be714578e542b4f97","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581485181983823","authorIdStr":"3581485181983823"},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9049134206","repostId":"1179120657","repostType":4,"repost":{"id":"1179120657","kind":"news","pubTimestamp":1655768616,"share":"https://ttm.financial/m/news/1179120657?lang=&edition=full_marsco","pubTime":"2022-06-21 07:43","market":"us","language":"en","title":"Netflix Halts Production of TV Series After Two Actors Are Killed in Auto Accident in Mexico","url":"https://stock-news.laohu8.com/highlight/detail?id=1179120657","media":"Seeking Alpha","summary":"Netflix (NASDAQ:NFLX) has halted production of its upcoming series \"The Chosen One after two of the ","content":"<html><head></head><body><ul><li>Netflix (NASDAQ:NFLX) has halted production of its upcoming series &#34;<i>The Chosen One</i> after two of the show&#39;s actors died in what the company called a &#34;tragic accident&#34; while working on the series in Mexico.</li><li>Raymundo Garduno Cruz and Juan Francisco Gonzalez Aguilar died after a van they were riding to an airport in Santa Rosalia-Loreto crashed and flipped over on June 16. Four other people were injured in the crash. Deadline cited a statement from Netflix (NFLX) in which the company said it was &#34;deeply saddened&#34; by the actors&#39; deaths.</li><li>According to Deadline, Netflix (NFLX) said has temporarily shut down production on <i>The Chosen One</i> while an investigation into the fatal accident is conducted. </li><li>The series, based on a set of comic books by Mark Millar and Peter Gross, centers around a 12-year-old body who discovers that he is the returned Jesus Christ is and charged with saving humanity.</li><li>Last week, Netflix (NFLX) shares got a boost after Cowen analyst John Blackledge gave a positive assessment of the company&#39;s ability to benefit from adding an advertising-supported subscription option.</li></ul><p></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>Netflix Halts Production of TV Series After Two Actors Are Killed in Auto Accident in Mexico</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\">\nNetflix Halts Production of TV Series After Two Actors Are Killed in Auto Accident in Mexico\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-21 07:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3849883-netflix-halts-production-of-tv-series-after-two-actors-are-killed-in-auto-accident-in-mexico><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Netflix (NASDAQ:NFLX) has halted production of its upcoming series \"The Chosen One after two of the show's actors died in what the company called a \"tragic accident\" while working on the series in ...</p>\n\n<a href=\"https://seekingalpha.com/news/3849883-netflix-halts-production-of-tv-series-after-two-actors-are-killed-in-auto-accident-in-mexico\">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://seekingalpha.com/news/3849883-netflix-halts-production-of-tv-series-after-two-actors-are-killed-in-auto-accident-in-mexico","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1179120657","content_text":"Netflix (NASDAQ:NFLX) has halted production of its upcoming series \"The Chosen One after two of the show's actors died in what the company called a \"tragic accident\" while working on the series in Mexico.Raymundo Garduno Cruz and Juan Francisco Gonzalez Aguilar died after a van they were riding to an airport in Santa Rosalia-Loreto crashed and flipped over on June 16. Four other people were injured in the crash. Deadline cited a statement from Netflix (NFLX) in which the company said it was \"deeply saddened\" by the actors' deaths.According to Deadline, Netflix (NFLX) said has temporarily shut down production on The Chosen One while an investigation into the fatal accident is conducted. The series, based on a set of comic books by Mark Millar and Peter Gross, centers around a 12-year-old body who discovers that he is the returned Jesus Christ is and charged with saving humanity.Last week, Netflix (NFLX) shares got a boost after Cowen analyst John Blackledge gave a positive assessment of the company's ability to benefit from adding an advertising-supported subscription option.","news_type":1},"isVote":1,"tweetType":1,"viewCount":367,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9040539855,"gmtCreate":1655684433677,"gmtModify":1676535683804,"author":{"id":"3581485181983823","authorId":"3581485181983823","name":"Joel0712","avatar":"https://community-static.tradeup.com/news/d88d0d4b1d64806be714578e542b4f97","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581485181983823","authorIdStr":"3581485181983823"},"themes":[],"htmlText":"OK","listText":"OK","text":"OK","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9040539855","repostId":"1145347873","repostType":4,"isVote":1,"tweetType":1,"viewCount":319,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9960455171,"gmtCreate":1668232557493,"gmtModify":1676538032497,"author":{"id":"3581485181983823","authorId":"3581485181983823","name":"Joel0712","avatar":"https://community-static.tradeup.com/news/d88d0d4b1d64806be714578e542b4f97","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581485181983823","authorIdStr":"3581485181983823"},"themes":[],"htmlText":"OK","listText":"OK","text":"OK","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9960455171","repostId":"2282487556","repostType":4,"repost":{"id":"2282487556","kind":"highlight","pubTimestamp":1668213017,"share":"https://ttm.financial/m/news/2282487556?lang=&edition=full_marsco","pubTime":"2022-11-12 08:30","market":"us","language":"en","title":"Nvidia: A800 Chips, Crypto Contagion 2.0, And Macro Deterioration","url":"https://stock-news.laohu8.com/highlight/detail?id=2282487556","media":"Seeking Alpha","summary":"SummaryNvidia stock staged a strong intra-day rally of 14% on Thursday after new data showed softer-","content":"<html><head></head><body><h2>Summary</h2><ul><li>Nvidia stock staged a strong intra-day rally of 14% on Thursday after new data showed softer-than-expected price increases in October that harbingers a potential &#34;dovish response from the Fed&#34;.</li><li>The stock&#39;s recent gains as a result of mitigating strategies taken against the newly imposed export restrictions to China is also welcome news, underscoring investors&#39; confidence in Nvidia&#39;s longer-term prospects.</li><li>Yet, mounting macroeconomic uncertainties still remain a large overhang on the stock&#39;s near-term performance, with renewed concerns of a crypto downturn adding complexity to the Nvidia stock&#39;s outlook.</li><li>The following analysis will walk through some of the latest developments in Nvidia&#39;s operating, macro and regulatory environment, and gauge their respective implications on the stock&#39;s near-term performance.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/821a26da6fd45d4119675770e348fdbe\" tg-width=\"750\" tg-height=\"500\" width=\"100%\" height=\"auto\"/><span>Justin Sullivan</span></p><p>The better-than-expected CPI print for October unleashed a rally in both equities and credits on Thursday (November 10), with the tech-heavy Nasdaq 100 index adding close to $1 trillion in market cap over the span of one session. Nvidia (NASDAQ:NVDA) was one of the biggest gainers, staging a 14% intra-day rally to outperform the broader PHLX Semiconductor Index (SOX).</p><p>Signs of easing financial conditions is currently a core driver of investors’ confidence, which is corroborated by the strong intra-day gains observed during Thursday’s session. Yet, the broader market climate remains fragile, as the Fed’s monetary policy tightening trajectory has yet to peak, with consumer slowdown only now becoming more prevalent.</p><p>And specific to Nvidia, the company also faces operating challenges from worsening geopolitical tensions, though its recent release of the A800 data center GPUs exclusive to the Chinese market in compliance with U.S. regulatory requirements is a step in the right direction. But renewed crypto contagion fears are now sparking fresh concerns on the near-term performance of Nvidia’s GPU segment, which is already reeling from a broader decline in global PC demand this year.</p><p>Regardless of the near-term macro and industry-specific headwinds though, Nvidia’s robust one-day gain on Thursday underscores the strength of investors’ confidence in the stock still, given the underlying business’ positive potential in benefitting from longer-term advances stemming from its massive market share across high-growth verticals spanning high-performance computing (“HPC”) to AI-driven innovations like self-driving vehicles and the metaverse. With market conditions still choppy in the months ahead, the Nvidia stock’s latest rally is likely to fizzle, creating more compelling entry opportunities than its current valuation.</p><p><b>Macro Overview</b></p><p>The Federal Reserve maintained a hawkish tone after raising 75 bps for the fourth time consecutively this year in November as inflation remains far from the desired 2% target. With the October inflation print coming in better-than-expected, market participants are becoming more optimistic that the worst of rapid price increases this year are now behind, playing favorably to desires for a more dovish monetary policy trajectory and improving financial conditions ahead.</p><p>October headline CPI came in at 7.7%, softer than the average consensus estimate of 7.9%, marking the “smallest annual advance since the start of the year”. Meanwhile, core inflation – which strips the impact of volatile food and energy prices – came in at 6.3%, which is also a welcome improvement from consensus calls for 6.5%. Equities rallied across the board in response to the softer-than-expected inflation print, as it points to early signs of a structural slowdown in pricing increases that the Federal Reserve has been looking for before considering easing its monetary policy tightening plans. The latest improvement in pricing increases is supportive of the Fed’s planned rate hike for 50 bps in December, marking possibly the first deceleration in the pace of tightening since June.</p><p>Yet, any possibility of a sustained rally on signs of easing inflation and a potential Fed pivot remains remote. At 7.7%, current price increases remain far removed from the Fed’s desired 2% target, which aligns with Fed Chair Jerome Powell’s commentary earlier this month that the terminal rate could end up being higher than previously anticipated as tightening continues into restrictive territory to ensure inflation is contained. The remarks were further reinforced by Dallas Fed President Lorie Logan on Thursday (November 10):</p><blockquote>Today’s economic conditions are complex, but they can be summarized in five words: Inflation is much too high.</blockquote><blockquote>Not only is inflation far above the FOMC’s 2 percent target, but with aggregate demand continuing to outstrip supply, inflation has repeatedly come in higher than forecasters expected. This morning’s CPI [Consumer Price Index] data were a welcome relief, but there is still a long way to go.</blockquote><blockquote>Source: Federal Reserve Bank of Dallas</blockquote><p>What this effectively means is that the demand environment for Nvidia will continue to weaken, weighing on its near-term fundamental prospects. The stock’s valuation outlook over coming months will also remain volatile to changes in interest rates, which place a direct impact on multiples that dictate the value of the underlying business’ future prospects.</p><p>Specifically, on the fundamental front, continued rate hikes and “much too high” inflation implies tightening financial conditions over coming months, especially as ongoing deterioration in consumer sentiment this year now becomes materialized into a real decline in consumer purchasing power. Average personal savings in the U.S. have declined from 3.5% in the second quarter to 3.1% in the third quarter, a far-cry from the “five-year pre-COVID average of [approximately] 7.7%”. Consumers are also increasing reliance on credit card debt to sustain spending as purchasing power declines in the face of surging inflation – consumer credit card debt is now approaching the “pre-pandemic peak of $916 billion in September”, while “real average hourly earnings decreased in October and were down 2.8% from a year earlier… falling each month since April 2021” after adjusting for inflation.</p><p>Specific to Nvidia, weakening consumer spending is largely reflected through significant underperformance in its consumer-centric Gaming segment during the fiscal second quarter. And conditions have likely remained muted or worsened in the fiscal third quarter, as global PC demand continued on a rapid decline while discretionary purchases of consumer electronics remained stagnated.</p><p>And on the commercial front, which was previously regarded as relatively recession-resistant compared to the consumer end-market, spending has become more conscious as well based on commentary during the latest third quarter earnings season. Even resilient corporate cloud investments are showing signs of a slowdown or delay amid growing macroeconomic uncertainties, risking weakness in data center investments over the near-term, which would impact the performance of Nvidia’s star segment.</p><p>And on the valuation front, continued rate hikes are bound to further weigh on multiples. The value of high growth companies like Nvidia, with much of their prospects still being “far out in the future” are becoming increasingly susceptible to heavy discounting as a result of rising capital costs. This circles back to our earlier mention that any rally in the Nvidia stock observed as a result of the latest October inflation print will likely fizzle, as the double-whammy of valuation and fundamental challenges continue to play out over coming months.</p><p><b>Implications of the A800 Data Center GPU</b></p><p>Moving on from broader market headwinds, Nvidia is also facing industry-specific challenges stemming from intensifying U.S.-China relations as of late. As discussed in detail in our previous coverage on the stock, the latest ban imposed by the U.S. government on exports of advanced semiconductor technologies to China further complexes the operating backdrop for chip makers like Nvidia, which is already reeling from unraveling demand this year. The company had previously reiterated that it does not expect a material impact on its business as a result of the newly imposed restrictions, though the implementation of said export ban could result in a $400 million headwind to fiscal third quarter results.</p><p>In the latest development, Nvidia has confirmed the production of A800 data center GPUs made exclusively for the Chinese market in response to U.S. regulatory requirements. The A800 chips will be a direct replacement for the A100 that has been effectively banned from being exported to China. The A800 chips, which are also based on Nvidia’s Ampere architecture, will include three variants offering the same specs as the A100 chips. However, the “NVIDIA NVLink” technology implemented, which enables “seamless, high-speed communication between every GPU” within a system to facilitate the compute demands of increasingly complex AI and HPC workloads, will be downgraded from the A100’s standard 600GBps to 400GBps for the A800. The A800 has received regulatory clearance from the U.S. for export to China, with the hardware’s processing speed non-programmable to exceed the 400GBps cap, and thereby “limiting their usefulness” in HPC applications to restrict China’s military advancements. However, the company has yet to provide any immediate reprieve to restricted sales of the upcoming H100 Grace data center CPUs to China as a result of the new rules, which also relies on next-generation NVLink technology capable of at least 1.5x higher performance than existing Ampere-based processors.</p><p>As analyzed in our previous coverage, we expect Nvidia’s base case 12-month PT to hover around $150 and bull case 12-month PT of $160 as a result of the newly imposed export restrictions in addition to looming macroeconomic challenges. And the recent relief brought by the introduction of the A800 chips exclusive to the Chinese market – the largest source of semiconductor demand – is viewed as a positive development to support the stock’s potential leap beyond the base case PT and approach towards the near-term bull case PT. This is further corroborated by the stock’s intra-day leap of as much as 4% to reach the $150-level on November 8th upon announcement of the A800 chip which began productions in the fiscal third quarter, which was organic to positive investors’ sentiment on the news and separate from any positive macro development.</p><p><i>i. Bull Case Financial Forecast and Valuation Analysis:</i></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/69a9f8803dc4cfc1a6531cd5970e6116\" tg-width=\"640\" tg-height=\"345\" width=\"100%\" height=\"auto\"/><span>Nvidia Bull Case Financial Forecast (Author)</span></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5ce58edfb1fd144ddb4958ce28aa3068\" tg-width=\"640\" tg-height=\"367\" width=\"100%\" height=\"auto\"/><span>Nvidia Bull Case PT (Author)</span></p><p><i>ii. Base Case Financial Forecast and Valuation Analysis:</i></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a48b2c2079cc21eba075a71a080240c9\" tg-width=\"640\" tg-height=\"373\" width=\"100%\" height=\"auto\"/><span>Nvidia Base Case Financial Forecast (Author)</span></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b8c8bdcb85fdca3d00f2a79a9aa1f947\" tg-width=\"640\" tg-height=\"363\" width=\"100%\" height=\"auto\"/><span>Nvidia Base Case PT (Author)</span></p><p><i>iii. Bear Case Financial Forecast and Valuation Analysis:</i></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/55fa52330c071632e4c5480164c6da69\" tg-width=\"640\" tg-height=\"358\" width=\"100%\" height=\"auto\"/><span>Nvidia Bear Case Financial Forecast (Author)</span></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4d24c4b920c94cd1163561b799af23cb\" tg-width=\"640\" tg-height=\"357\" width=\"100%\" height=\"auto\"/><span>Nvidia Bear Case PT (Author)</span></p><p>However, the total elimination of Chinese demand for Nvidia’s best-selling A100 data center GPUs and H100 data center CPUs will remain an overhang on the company’s near-term fundamental performance. China is still the largest buyer of chips, and with Nvidia’s heavy reliance on HPC/data center sales to make-up for the near-term downturn in its consumer-centric segments, the company is still missing out on a chunk of market share that it would have otherwise been able to capitalize on if it were not for the newly imposed rules. Yet, we see the A800 as a positive development that will not only bring some partial relief to Nvidia’s near-term fundamental performance, but also an indicator of a potential equivalent for the company’s new foray in data center CPUs with its Hopper architecture. We see this as a probable implication for a potential clawback of revenue losses that were previously thought to be permanent due to the U.S.-imposed export curbs, which would be a plus to Nvidia’s near-term valuation prospects.</p><p><b>Implications of Crypto Contagion 2.0</b></p><p>As previously discussed, lingering crypto headwinds make another overhang that is harder to gauge on Nvidia’s near-term performance. Recall that a non-disclosed portion of Nvidia’s Gaming segment sales are driven by GPU demand from crypto mining, which has experienced a material slowdown this year following the Luna/Terra death spiral (UST-USD / LUNC-USD / LUNA-USD) in May and the Ethereum Merge (ETH-USD) that took place in September.</p><p>While cryptocurrencies saw some reprieve in prices in late October, earlier hopes of an emergence from the latest crypto winter have been stymied by the latest FTX wind-down. It has been a tumultuous week for crypto. The intensifying feud last weekend between Binance (BNB-USD) founder and CEO Changpeng “CZ” Zhao and FTX founder and CEO Sam Bankman-Fried following the former’s decision to liquidate its holdings in the latter’s FTT coins (FTT-USD) had rapidly turned into a liquidity crunch for FTX.com, which later turned into a potential bailout by Binance. And within 24 hours, the relief deal soured with Binance pulling out from the non-binding bailout agreement, and FTX facing bankruptcy risks. Contagion fears are also spreading like wild fire again, with BlockFi being the latest victim in the downward spiraling situation.</p><p>Cryptocurrencies have plummeted this week as a result of the latest drama unfolding in real-time within the digital assets industry. Even Thursday’s relief rally on the back of easing inflation signals failed to restore confidence in the risky asset, with Bitcoin prices dipping below $17,000 at one point. Many Bitcoin miners have already either sold their coins or mining equipment to raise cash needed to weather the protracted crypto winter, with some even halting expansion efforts as a pre-emptive measure against rising liquidity pressures:</p><blockquote>Contagion risks in cryptocurrencies, following on from the FTX-Alameda collapse, will take a long time to work through and the market remains vulnerable…We’re going to see definite lower volumes because people are going to hold back at this moment in time.</blockquote><blockquote>Source: Bloomberg</blockquote><p>While Nvidia’s latest release of the A800 chips and the broader market rally on signs of easing inflation this week have largely overshadowed potential contagion risks to demand for its gaming / crypto-mining GPUs, we see the latest crypto rout as a new bout of challenge on the chipmaker’s already-stagnate Gaming segment. As mentioned in the earlier section, Nvidia’s Gaming segment has already seen a significant decline in sales as a result of “softness in Europe related to the war in Ukraine and COVID lockdowns in China” that have been worsened by “lower units and lower ASPs” due to deteriorating macro conditions, and inadvertently, consumer demand. The latest crypto whiplash is likely to bring about further declines in crypto mining activity, thus adding to the Gaming segment’s near-term turmoil given an undisclosed portion of its sales are still linked to crypto mining demand.</p><p>In addition to a contagion impact from the recent crypto debacle on the Gaming segment’s sales, Nvidia also risks another write-off related to its inventory of crypto-mining processors, “CMP”. Although any related amount is not expected to place a material impact on its fundamental nor valuation prospects – for perspective, Nvidia had already reported a $1.32 billion CMP inventory write-down during the fiscal second quarter – it does not bode well for the company’s profit margins, nonetheless. This makes another near-term challenge to consider ahead of its upcoming fiscal third quarter earnings release, as investors’ preference shift towards profitability over growth ahead of an increasingly uncertain market climate.</p><p><b>Final Thoughts</b></p><p>As we have previously noted – when it rains, it pours for Nvidia. The near-term operating environment for the company remains a challenge, and the market backdrop for the stock’s near-term prospects continues to be turbulent. While the latest macro development pertaining to signs of easing inflation makes a positive point for valuation multiples, it is too soon to tell if the related rally is sustainable as price increases remain far out from the Fed’s 2% target. Continued Fed monetary policy tightening into restrictive territory to ensure inflation is under control for good means further deterioration in financial conditions ahead. And the recent easing observed in China’s stringent COVID Zero policies are also adding pressure to a tightening oil market – especially as the OPEC+ slashes production this month to prevent further price declines. With a potential return of demand from the world’s largest oil importer, the tightening oil market today is unlikely to handle such a sudden influx, adding to risks of a rebound in price pressures in the near-term, which corroborates continued hawkishness in the Fed’s policy agenda.</p><p>And while Nvidia’s recent introduction of the A800 is a step in the right direction to mitigate the impact of fraying U.S.-China relations, there is still work to be done to recoup the majority of lost revenues from other verticals as a result of the latest export restrictions. The latest crypto turmoil also brings renewed pressure on the company’s already-staggering Gaming segment.</p><p>Despite a cautious sentiment over Nvidia’s near-term outlook, the company remains well-positioned to capitalize on high-growth opportunities driven by secular demand across multiple verticals in which it specifically caters to over the longer-term. Nvidia’s offerings remain a critical backbone to almost every technology used across all daily life settings today and tomorrow, from HPC applications satisfying cloud-computing demand, to AI applications addressing nascent developments like autonomous mobility and the metaverse. The steadfast confidence in the company’s long-term bullishness is further evidenced by the Nvidia stock’s outsized gains on Thursday. Although further downturns in the stock are expected within the near-term to wipe-out its impressive intra-day gains observed this week, we view them as compelling risk-reward opportunities for longer-term upside potential ahead.</p><p><i>This article is written by </i><i>Livy Investment Research</i><i> for reference only. Please note the risks.</i></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>Nvidia: A800 Chips, Crypto Contagion 2.0, And Macro Deterioration</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; 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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\">\nNvidia: A800 Chips, Crypto Contagion 2.0, And Macro Deterioration\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-12 08:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4556472-nvidia-a800-chips-crypto-contagion-and-macro-deterioration><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryNvidia stock staged a strong intra-day rally of 14% on Thursday after new data showed softer-than-expected price increases in October that harbingers a potential \"dovish response from the Fed\"....</p>\n\n<a href=\"https://seekingalpha.com/article/4556472-nvidia-a800-chips-crypto-contagion-and-macro-deterioration\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"https://seekingalpha.com/article/4556472-nvidia-a800-chips-crypto-contagion-and-macro-deterioration","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2282487556","content_text":"SummaryNvidia stock staged a strong intra-day rally of 14% on Thursday after new data showed softer-than-expected price increases in October that harbingers a potential \"dovish response from the Fed\".The stock's recent gains as a result of mitigating strategies taken against the newly imposed export restrictions to China is also welcome news, underscoring investors' confidence in Nvidia's longer-term prospects.Yet, mounting macroeconomic uncertainties still remain a large overhang on the stock's near-term performance, with renewed concerns of a crypto downturn adding complexity to the Nvidia stock's outlook.The following analysis will walk through some of the latest developments in Nvidia's operating, macro and regulatory environment, and gauge their respective implications on the stock's near-term performance.Justin SullivanThe better-than-expected CPI print for October unleashed a rally in both equities and credits on Thursday (November 10), with the tech-heavy Nasdaq 100 index adding close to $1 trillion in market cap over the span of one session. Nvidia (NASDAQ:NVDA) was one of the biggest gainers, staging a 14% intra-day rally to outperform the broader PHLX Semiconductor Index (SOX).Signs of easing financial conditions is currently a core driver of investors’ confidence, which is corroborated by the strong intra-day gains observed during Thursday’s session. Yet, the broader market climate remains fragile, as the Fed’s monetary policy tightening trajectory has yet to peak, with consumer slowdown only now becoming more prevalent.And specific to Nvidia, the company also faces operating challenges from worsening geopolitical tensions, though its recent release of the A800 data center GPUs exclusive to the Chinese market in compliance with U.S. regulatory requirements is a step in the right direction. But renewed crypto contagion fears are now sparking fresh concerns on the near-term performance of Nvidia’s GPU segment, which is already reeling from a broader decline in global PC demand this year.Regardless of the near-term macro and industry-specific headwinds though, Nvidia’s robust one-day gain on Thursday underscores the strength of investors’ confidence in the stock still, given the underlying business’ positive potential in benefitting from longer-term advances stemming from its massive market share across high-growth verticals spanning high-performance computing (“HPC”) to AI-driven innovations like self-driving vehicles and the metaverse. With market conditions still choppy in the months ahead, the Nvidia stock’s latest rally is likely to fizzle, creating more compelling entry opportunities than its current valuation.Macro OverviewThe Federal Reserve maintained a hawkish tone after raising 75 bps for the fourth time consecutively this year in November as inflation remains far from the desired 2% target. With the October inflation print coming in better-than-expected, market participants are becoming more optimistic that the worst of rapid price increases this year are now behind, playing favorably to desires for a more dovish monetary policy trajectory and improving financial conditions ahead.October headline CPI came in at 7.7%, softer than the average consensus estimate of 7.9%, marking the “smallest annual advance since the start of the year”. Meanwhile, core inflation – which strips the impact of volatile food and energy prices – came in at 6.3%, which is also a welcome improvement from consensus calls for 6.5%. Equities rallied across the board in response to the softer-than-expected inflation print, as it points to early signs of a structural slowdown in pricing increases that the Federal Reserve has been looking for before considering easing its monetary policy tightening plans. The latest improvement in pricing increases is supportive of the Fed’s planned rate hike for 50 bps in December, marking possibly the first deceleration in the pace of tightening since June.Yet, any possibility of a sustained rally on signs of easing inflation and a potential Fed pivot remains remote. At 7.7%, current price increases remain far removed from the Fed’s desired 2% target, which aligns with Fed Chair Jerome Powell’s commentary earlier this month that the terminal rate could end up being higher than previously anticipated as tightening continues into restrictive territory to ensure inflation is contained. The remarks were further reinforced by Dallas Fed President Lorie Logan on Thursday (November 10):Today’s economic conditions are complex, but they can be summarized in five words: Inflation is much too high.Not only is inflation far above the FOMC’s 2 percent target, but with aggregate demand continuing to outstrip supply, inflation has repeatedly come in higher than forecasters expected. This morning’s CPI [Consumer Price Index] data were a welcome relief, but there is still a long way to go.Source: Federal Reserve Bank of DallasWhat this effectively means is that the demand environment for Nvidia will continue to weaken, weighing on its near-term fundamental prospects. The stock’s valuation outlook over coming months will also remain volatile to changes in interest rates, which place a direct impact on multiples that dictate the value of the underlying business’ future prospects.Specifically, on the fundamental front, continued rate hikes and “much too high” inflation implies tightening financial conditions over coming months, especially as ongoing deterioration in consumer sentiment this year now becomes materialized into a real decline in consumer purchasing power. Average personal savings in the U.S. have declined from 3.5% in the second quarter to 3.1% in the third quarter, a far-cry from the “five-year pre-COVID average of [approximately] 7.7%”. Consumers are also increasing reliance on credit card debt to sustain spending as purchasing power declines in the face of surging inflation – consumer credit card debt is now approaching the “pre-pandemic peak of $916 billion in September”, while “real average hourly earnings decreased in October and were down 2.8% from a year earlier… falling each month since April 2021” after adjusting for inflation.Specific to Nvidia, weakening consumer spending is largely reflected through significant underperformance in its consumer-centric Gaming segment during the fiscal second quarter. And conditions have likely remained muted or worsened in the fiscal third quarter, as global PC demand continued on a rapid decline while discretionary purchases of consumer electronics remained stagnated.And on the commercial front, which was previously regarded as relatively recession-resistant compared to the consumer end-market, spending has become more conscious as well based on commentary during the latest third quarter earnings season. Even resilient corporate cloud investments are showing signs of a slowdown or delay amid growing macroeconomic uncertainties, risking weakness in data center investments over the near-term, which would impact the performance of Nvidia’s star segment.And on the valuation front, continued rate hikes are bound to further weigh on multiples. The value of high growth companies like Nvidia, with much of their prospects still being “far out in the future” are becoming increasingly susceptible to heavy discounting as a result of rising capital costs. This circles back to our earlier mention that any rally in the Nvidia stock observed as a result of the latest October inflation print will likely fizzle, as the double-whammy of valuation and fundamental challenges continue to play out over coming months.Implications of the A800 Data Center GPUMoving on from broader market headwinds, Nvidia is also facing industry-specific challenges stemming from intensifying U.S.-China relations as of late. As discussed in detail in our previous coverage on the stock, the latest ban imposed by the U.S. government on exports of advanced semiconductor technologies to China further complexes the operating backdrop for chip makers like Nvidia, which is already reeling from unraveling demand this year. The company had previously reiterated that it does not expect a material impact on its business as a result of the newly imposed restrictions, though the implementation of said export ban could result in a $400 million headwind to fiscal third quarter results.In the latest development, Nvidia has confirmed the production of A800 data center GPUs made exclusively for the Chinese market in response to U.S. regulatory requirements. The A800 chips will be a direct replacement for the A100 that has been effectively banned from being exported to China. The A800 chips, which are also based on Nvidia’s Ampere architecture, will include three variants offering the same specs as the A100 chips. However, the “NVIDIA NVLink” technology implemented, which enables “seamless, high-speed communication between every GPU” within a system to facilitate the compute demands of increasingly complex AI and HPC workloads, will be downgraded from the A100’s standard 600GBps to 400GBps for the A800. The A800 has received regulatory clearance from the U.S. for export to China, with the hardware’s processing speed non-programmable to exceed the 400GBps cap, and thereby “limiting their usefulness” in HPC applications to restrict China’s military advancements. However, the company has yet to provide any immediate reprieve to restricted sales of the upcoming H100 Grace data center CPUs to China as a result of the new rules, which also relies on next-generation NVLink technology capable of at least 1.5x higher performance than existing Ampere-based processors.As analyzed in our previous coverage, we expect Nvidia’s base case 12-month PT to hover around $150 and bull case 12-month PT of $160 as a result of the newly imposed export restrictions in addition to looming macroeconomic challenges. And the recent relief brought by the introduction of the A800 chips exclusive to the Chinese market – the largest source of semiconductor demand – is viewed as a positive development to support the stock’s potential leap beyond the base case PT and approach towards the near-term bull case PT. This is further corroborated by the stock’s intra-day leap of as much as 4% to reach the $150-level on November 8th upon announcement of the A800 chip which began productions in the fiscal third quarter, which was organic to positive investors’ sentiment on the news and separate from any positive macro development.i. Bull Case Financial Forecast and Valuation Analysis:Nvidia Bull Case Financial Forecast (Author)Nvidia Bull Case PT (Author)ii. Base Case Financial Forecast and Valuation Analysis:Nvidia Base Case Financial Forecast (Author)Nvidia Base Case PT (Author)iii. Bear Case Financial Forecast and Valuation Analysis:Nvidia Bear Case Financial Forecast (Author)Nvidia Bear Case PT (Author)However, the total elimination of Chinese demand for Nvidia’s best-selling A100 data center GPUs and H100 data center CPUs will remain an overhang on the company’s near-term fundamental performance. China is still the largest buyer of chips, and with Nvidia’s heavy reliance on HPC/data center sales to make-up for the near-term downturn in its consumer-centric segments, the company is still missing out on a chunk of market share that it would have otherwise been able to capitalize on if it were not for the newly imposed rules. Yet, we see the A800 as a positive development that will not only bring some partial relief to Nvidia’s near-term fundamental performance, but also an indicator of a potential equivalent for the company’s new foray in data center CPUs with its Hopper architecture. We see this as a probable implication for a potential clawback of revenue losses that were previously thought to be permanent due to the U.S.-imposed export curbs, which would be a plus to Nvidia’s near-term valuation prospects.Implications of Crypto Contagion 2.0As previously discussed, lingering crypto headwinds make another overhang that is harder to gauge on Nvidia’s near-term performance. Recall that a non-disclosed portion of Nvidia’s Gaming segment sales are driven by GPU demand from crypto mining, which has experienced a material slowdown this year following the Luna/Terra death spiral (UST-USD / LUNC-USD / LUNA-USD) in May and the Ethereum Merge (ETH-USD) that took place in September.While cryptocurrencies saw some reprieve in prices in late October, earlier hopes of an emergence from the latest crypto winter have been stymied by the latest FTX wind-down. It has been a tumultuous week for crypto. The intensifying feud last weekend between Binance (BNB-USD) founder and CEO Changpeng “CZ” Zhao and FTX founder and CEO Sam Bankman-Fried following the former’s decision to liquidate its holdings in the latter’s FTT coins (FTT-USD) had rapidly turned into a liquidity crunch for FTX.com, which later turned into a potential bailout by Binance. And within 24 hours, the relief deal soured with Binance pulling out from the non-binding bailout agreement, and FTX facing bankruptcy risks. Contagion fears are also spreading like wild fire again, with BlockFi being the latest victim in the downward spiraling situation.Cryptocurrencies have plummeted this week as a result of the latest drama unfolding in real-time within the digital assets industry. Even Thursday’s relief rally on the back of easing inflation signals failed to restore confidence in the risky asset, with Bitcoin prices dipping below $17,000 at one point. Many Bitcoin miners have already either sold their coins or mining equipment to raise cash needed to weather the protracted crypto winter, with some even halting expansion efforts as a pre-emptive measure against rising liquidity pressures:Contagion risks in cryptocurrencies, following on from the FTX-Alameda collapse, will take a long time to work through and the market remains vulnerable…We’re going to see definite lower volumes because people are going to hold back at this moment in time.Source: BloombergWhile Nvidia’s latest release of the A800 chips and the broader market rally on signs of easing inflation this week have largely overshadowed potential contagion risks to demand for its gaming / crypto-mining GPUs, we see the latest crypto rout as a new bout of challenge on the chipmaker’s already-stagnate Gaming segment. As mentioned in the earlier section, Nvidia’s Gaming segment has already seen a significant decline in sales as a result of “softness in Europe related to the war in Ukraine and COVID lockdowns in China” that have been worsened by “lower units and lower ASPs” due to deteriorating macro conditions, and inadvertently, consumer demand. The latest crypto whiplash is likely to bring about further declines in crypto mining activity, thus adding to the Gaming segment’s near-term turmoil given an undisclosed portion of its sales are still linked to crypto mining demand.In addition to a contagion impact from the recent crypto debacle on the Gaming segment’s sales, Nvidia also risks another write-off related to its inventory of crypto-mining processors, “CMP”. Although any related amount is not expected to place a material impact on its fundamental nor valuation prospects – for perspective, Nvidia had already reported a $1.32 billion CMP inventory write-down during the fiscal second quarter – it does not bode well for the company’s profit margins, nonetheless. This makes another near-term challenge to consider ahead of its upcoming fiscal third quarter earnings release, as investors’ preference shift towards profitability over growth ahead of an increasingly uncertain market climate.Final ThoughtsAs we have previously noted – when it rains, it pours for Nvidia. The near-term operating environment for the company remains a challenge, and the market backdrop for the stock’s near-term prospects continues to be turbulent. While the latest macro development pertaining to signs of easing inflation makes a positive point for valuation multiples, it is too soon to tell if the related rally is sustainable as price increases remain far out from the Fed’s 2% target. Continued Fed monetary policy tightening into restrictive territory to ensure inflation is under control for good means further deterioration in financial conditions ahead. And the recent easing observed in China’s stringent COVID Zero policies are also adding pressure to a tightening oil market – especially as the OPEC+ slashes production this month to prevent further price declines. With a potential return of demand from the world’s largest oil importer, the tightening oil market today is unlikely to handle such a sudden influx, adding to risks of a rebound in price pressures in the near-term, which corroborates continued hawkishness in the Fed’s policy agenda.And while Nvidia’s recent introduction of the A800 is a step in the right direction to mitigate the impact of fraying U.S.-China relations, there is still work to be done to recoup the majority of lost revenues from other verticals as a result of the latest export restrictions. The latest crypto turmoil also brings renewed pressure on the company’s already-staggering Gaming segment.Despite a cautious sentiment over Nvidia’s near-term outlook, the company remains well-positioned to capitalize on high-growth opportunities driven by secular demand across multiple verticals in which it specifically caters to over the longer-term. Nvidia’s offerings remain a critical backbone to almost every technology used across all daily life settings today and tomorrow, from HPC applications satisfying cloud-computing demand, to AI applications addressing nascent developments like autonomous mobility and the metaverse. The steadfast confidence in the company’s long-term bullishness is further evidenced by the Nvidia stock’s outsized gains on Thursday. Although further downturns in the stock are expected within the near-term to wipe-out its impressive intra-day gains observed this week, we view them as compelling risk-reward opportunities for longer-term upside potential ahead.This article is written by Livy Investment Research for reference only. Please note the risks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1352,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9918401383,"gmtCreate":1664423525543,"gmtModify":1676537452535,"author":{"id":"3581485181983823","authorId":"3581485181983823","name":"Joel0712","avatar":"https://community-static.tradeup.com/news/d88d0d4b1d64806be714578e542b4f97","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581485181983823","authorIdStr":"3581485181983823"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9918401383","repostId":"2271737074","repostType":4,"repost":{"id":"2271737074","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":1664406595,"share":"https://ttm.financial/m/news/2271737074?lang=&edition=full_marsco","pubTime":"2022-09-29 07:09","market":"us","language":"en","title":"US STOCKS-Wall Street Ends Sharply Higher as Treasury Yields Dip","url":"https://stock-news.laohu8.com/highlight/detail?id=2271737074","media":"Reuters","summary":"Apple drops on concerns about iPhone demandTreasury prices rebound after BoE decisionS&P 500 records largest one-day gain since Aug. 10Indexes: Dow +1.88%, S&P 500 +1.97%, Nasdaq +2.05%Sept 28 (Reuter","content":"<html><head></head><body><ul><li>Apple drops on concerns about iPhone demand</li><li>Treasury prices rebound after BoE decision</li><li>S&amp;P 500 records largest one-day gain since Aug. 10</li><li>Indexes: Dow +1.88%, S&amp;P 500 +1.97%, Nasdaq +2.05%</li></ul><p>Sept 28 (Reuters) - Wall Street ended sharply higher on Wednesday following its recent sell-off, helped by falling Treasury yields, while Apple dropped on concerns about demand for iPhones.</p><p>The S&amp;P 500 recorded its first gain in seven sessions after closing on Tuesday at its lowest since late 2020.</p><p>Interest rate-sensitive megacaps Microsoft, Amazon and <a href=\"https://laohu8.com/S/META\">Meta Platforms</a> rallied as the yield on 10-year Treasury notes fell over 0.26 percentage point in its biggest one-day drop since 2009.</p><p>Pushing yields lower on Treasuries with maturities six months and longer, the Bank of England said it would buy long-dated British bonds in a move aimed at restoring financial stability in markets rocked globally by the fiscal policy of the new government in London.</p><p>&#34;The yield on the two-year Treasury has gone up persistently over the course of the last several weeks, and for the first time we&#39;ve seen it go down for two days in a row, and that has given equities a breather,&#34; said Art Hogan, chief market strategist at B. Riley Wealth.</p><p>Investors have been keenly listening to comments from Federal Reserve officials about the path of monetary policy, with Atlanta Fed President Raphael Bostic on Wednesday backing another 75-basis-point interest rate hike in November. The Fed will likely get borrowing costs to where they need to be by early next year, Federal Reserve Bank of Chicago President Charles Evans said.</p><p>U.S. stocks have been battered in 2022 by worries that an aggressive push by the Fed to raise borrowing costs could throw the economy into a downturn.</p><p>Apple Inc dropped 1.3% after Bloomberg reported the company is dropping plans to increase production of its new iPhones this year after an anticipated surge in demand failed to materialize.</p><p>Apple has been a relative outperformer in 2022&#39;s stock market sell-off, down about 15% in the year to date, versus the S&amp;P 500&#39;s 22% loss.</p><p>All of the 11 S&amp;P 500 sector indexes rose, led by a 4.4% jump in energy and a 3.2% leap in communication services .</p><p>The Dow Jones Industrial Average rose 1.88% to end at 29,683.74 points, while the S&amp;P 500 gained 1.97% to 3,719.04. It was the S&amp;P 500&#39;s largest one-day gain since Aug. 10.</p><p>The Nasdaq Composite jumped 2.05% to 11,051.64.</p><p>Biogen Inc surged 40% after saying its experimental Alzheimer&#39;s drug, developed with Japanese partner Eisai Co Ltd , succeeded in slowing cognitive decline.</p><p>Eli Lilly &amp; Co, which is also developing an Alzheimer&#39;s drug, jumped 7.5%, and it was among the biggest boosts to the S&amp;P 500 index.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 5.82-to-1 ratio; on Nasdaq, a 3.66-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted one new 52-week high and 30 new lows; the Nasdaq Composite recorded 26 new highs and 224 new lows.</p><p>Volume on U.S. exchanges was 11.7 billion shares, compared with an 11.4 billion average for the full session over the last 20 trading days.</p><p><img src=\"https://static.tigerbbs.com/da8e9a6ce881361e45c74a1b02609eaf\" tg-width=\"1080\" tg-height=\"1920\" width=\"100%\" height=\"auto\"/></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>US STOCKS-Wall Street Ends Sharply Higher as Treasury Yields Dip</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; 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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\">\nUS STOCKS-Wall Street Ends Sharply Higher as Treasury Yields Dip\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\">2022-09-29 07:09</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul><li>Apple drops on concerns about iPhone demand</li><li>Treasury prices rebound after BoE decision</li><li>S&amp;P 500 records largest one-day gain since Aug. 10</li><li>Indexes: Dow +1.88%, S&amp;P 500 +1.97%, Nasdaq +2.05%</li></ul><p>Sept 28 (Reuters) - Wall Street ended sharply higher on Wednesday following its recent sell-off, helped by falling Treasury yields, while Apple dropped on concerns about demand for iPhones.</p><p>The S&amp;P 500 recorded its first gain in seven sessions after closing on Tuesday at its lowest since late 2020.</p><p>Interest rate-sensitive megacaps Microsoft, Amazon and <a href=\"https://laohu8.com/S/META\">Meta Platforms</a> rallied as the yield on 10-year Treasury notes fell over 0.26 percentage point in its biggest one-day drop since 2009.</p><p>Pushing yields lower on Treasuries with maturities six months and longer, the Bank of England said it would buy long-dated British bonds in a move aimed at restoring financial stability in markets rocked globally by the fiscal policy of the new government in London.</p><p>&#34;The yield on the two-year Treasury has gone up persistently over the course of the last several weeks, and for the first time we&#39;ve seen it go down for two days in a row, and that has given equities a breather,&#34; said Art Hogan, chief market strategist at B. Riley Wealth.</p><p>Investors have been keenly listening to comments from Federal Reserve officials about the path of monetary policy, with Atlanta Fed President Raphael Bostic on Wednesday backing another 75-basis-point interest rate hike in November. The Fed will likely get borrowing costs to where they need to be by early next year, Federal Reserve Bank of Chicago President Charles Evans said.</p><p>U.S. stocks have been battered in 2022 by worries that an aggressive push by the Fed to raise borrowing costs could throw the economy into a downturn.</p><p>Apple Inc dropped 1.3% after Bloomberg reported the company is dropping plans to increase production of its new iPhones this year after an anticipated surge in demand failed to materialize.</p><p>Apple has been a relative outperformer in 2022&#39;s stock market sell-off, down about 15% in the year to date, versus the S&amp;P 500&#39;s 22% loss.</p><p>All of the 11 S&amp;P 500 sector indexes rose, led by a 4.4% jump in energy and a 3.2% leap in communication services .</p><p>The Dow Jones Industrial Average rose 1.88% to end at 29,683.74 points, while the S&amp;P 500 gained 1.97% to 3,719.04. It was the S&amp;P 500&#39;s largest one-day gain since Aug. 10.</p><p>The Nasdaq Composite jumped 2.05% to 11,051.64.</p><p>Biogen Inc surged 40% after saying its experimental Alzheimer&#39;s drug, developed with Japanese partner Eisai Co Ltd , succeeded in slowing cognitive decline.</p><p>Eli Lilly &amp; Co, which is also developing an Alzheimer&#39;s drug, jumped 7.5%, and it was among the biggest boosts to the S&amp;P 500 index.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 5.82-to-1 ratio; on Nasdaq, a 3.66-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted one new 52-week high and 30 new lows; the Nasdaq Composite recorded 26 new highs and 224 new lows.</p><p>Volume on U.S. exchanges was 11.7 billion shares, compared with an 11.4 billion average for the full session over the last 20 trading days.</p><p><img src=\"https://static.tigerbbs.com/da8e9a6ce881361e45c74a1b02609eaf\" tg-width=\"1080\" tg-height=\"1920\" width=\"100%\" height=\"auto\"/></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":"2271737074","content_text":"Apple drops on concerns about iPhone demandTreasury prices rebound after BoE decisionS&P 500 records largest one-day gain since Aug. 10Indexes: Dow +1.88%, S&P 500 +1.97%, Nasdaq +2.05%Sept 28 (Reuters) - Wall Street ended sharply higher on Wednesday following its recent sell-off, helped by falling Treasury yields, while Apple dropped on concerns about demand for iPhones.The S&P 500 recorded its first gain in seven sessions after closing on Tuesday at its lowest since late 2020.Interest rate-sensitive megacaps Microsoft, Amazon and Meta Platforms rallied as the yield on 10-year Treasury notes fell over 0.26 percentage point in its biggest one-day drop since 2009.Pushing yields lower on Treasuries with maturities six months and longer, the Bank of England said it would buy long-dated British bonds in a move aimed at restoring financial stability in markets rocked globally by the fiscal policy of the new government in London.\"The yield on the two-year Treasury has gone up persistently over the course of the last several weeks, and for the first time we've seen it go down for two days in a row, and that has given equities a breather,\" said Art Hogan, chief market strategist at B. Riley Wealth.Investors have been keenly listening to comments from Federal Reserve officials about the path of monetary policy, with Atlanta Fed President Raphael Bostic on Wednesday backing another 75-basis-point interest rate hike in November. The Fed will likely get borrowing costs to where they need to be by early next year, Federal Reserve Bank of Chicago President Charles Evans said.U.S. stocks have been battered in 2022 by worries that an aggressive push by the Fed to raise borrowing costs could throw the economy into a downturn.Apple Inc dropped 1.3% after Bloomberg reported the company is dropping plans to increase production of its new iPhones this year after an anticipated surge in demand failed to materialize.Apple has been a relative outperformer in 2022's stock market sell-off, down about 15% in the year to date, versus the S&P 500's 22% loss.All of the 11 S&P 500 sector indexes rose, led by a 4.4% jump in energy and a 3.2% leap in communication services .The Dow Jones Industrial Average rose 1.88% to end at 29,683.74 points, while the S&P 500 gained 1.97% to 3,719.04. It was the S&P 500's largest one-day gain since Aug. 10.The Nasdaq Composite jumped 2.05% to 11,051.64.Biogen Inc surged 40% after saying its experimental Alzheimer's drug, developed with Japanese partner Eisai Co Ltd , succeeded in slowing cognitive decline.Eli Lilly & Co, which is also developing an Alzheimer's drug, jumped 7.5%, and it was among the biggest boosts to the S&P 500 index.Advancing issues outnumbered declining ones on the NYSE by a 5.82-to-1 ratio; on Nasdaq, a 3.66-to-1 ratio favored advancers.The S&P 500 posted one new 52-week high and 30 new lows; the Nasdaq Composite recorded 26 new highs and 224 new lows.Volume on U.S. exchanges was 11.7 billion shares, compared with an 11.4 billion average for the full session over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1253,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9933739976,"gmtCreate":1662342711495,"gmtModify":1676537040543,"author":{"id":"3581485181983823","authorId":"3581485181983823","name":"Joel0712","avatar":"https://community-static.tradeup.com/news/d88d0d4b1d64806be714578e542b4f97","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581485181983823","authorIdStr":"3581485181983823"},"themes":[],"htmlText":"Ok&nbsp;","listText":"Ok&nbsp;","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9933739976","repostId":"2265749449","repostType":4,"repost":{"id":"2265749449","kind":"highlight","pubTimestamp":1662332817,"share":"https://ttm.financial/m/news/2265749449?lang=&edition=full_marsco","pubTime":"2022-09-05 07:06","market":"us","language":"en","title":"GameStop, Apple, Kroger, NIO, and Other Stocks for Investors to Watch This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=2265749449","media":"Barron's","summary":"U.S. stock and bond markets will be closed on Monday for Labor Day. It's a quiet week on the earning","content":"<html><head></head><body><p>U.S. stock and bond markets will be closed on Monday for Labor Day. It&#39;s a quiet week on the earnings calendar once investors return from the long weekend, but a few major economic-data releases should grab plenty of attention.</p><p>Results this week will come from GameStop and NIO on Wednesday, DocuSign and Zscaler on Thursday, and Kroger on Friday. Apple will also host a product launch event on Wednesday, when it is expected to unveil a new lineup of iPhones and Apple Watches.</p><p>Economic data releases next week include the Institute for Supply Management&#39;s Services Purchasing Managers&#39; Index for August on Tuesday. The consensus estimate is for the index to decline by about three points, to 54.</p><p>Other data for investors and economists to watch next week will be the Federal Reserve&#39;s sixth beige book of the year on Wednesday and the Department of Labor&#39;s initial jobless claims for the latest week on Thursday.</p><p>The European Central Bank also announces a monetary-policy decision on Thursday. Futures markets are pricing in the greatest odds of a 75-basis-point hike, which would bring ECB&#39;s benchmark interest-rate target to 0.75%.</p><p><b>Monday 9/5</b></p><p>Equity and fixed-income markets are closed in observance of Labor Day.</p><p><b>Tuesday 9/6</b></p><p>The Institute for Supply Management releases its Services Purchasing Managers&#39; Index for August. Consensus estimate is for a 54 reading, about three points lower than in July. The index is well off its record high of 68.4 from November, but still above the expansionary level of 50.</p><p><b>Wednesday 9/7</b></p><p>Appleholds a launch event, titled &#34;Far Out,&#34; at its headquarters in Cupertino, Calif. The company is expected to unveil four new iPhone 14 models and three new Apple Watches, along with other products.</p><p>GameStop and NIO report quarterly results.</p><p>The Federal Reserve releases the beige book for the sixth of eight times this year. The report summarizes current economic conditions with anecdotal data collected by the 12 regional Federal Reserve banks.</p><p>The Mortgage Bankers Association releases its mortgage application survey for the week ending on Sept. 2. Mortgage applications have dropped for three consecutive weeks and are at a multidecade low amid record-high home prices and surging mortgage rates.</p><p><b>Thursday 9/8</b></p><p>DocuSign and Zscaler hold conference calls to discuss quarterly earnings.</p><p>Moderna hosts a research and development day, with presentations from its executive leadership, including CEO Stéphane Bancel.</p><p>The European Central Bank announces its monetary-policy decision. Traders are pricing in a 60% chance of a jumbo-size 75-basis-point hike, which would bring ECB&#39;s deposit facility rate to 0.75%. At its last meeting, in July, the central bank lifted its key interest rate by half a percentage point, from negative 0.5% to zero. It has been just over a decade since the deposit facility rate was last above zero.</p><p>The Department of Labor reports initial jobless claims for the week ending on Sept. 3. Claims averaged 241,500 in August, and have risen steadily this year from historically low levels.</p><p><b>Friday 9/9</b></p><p>Kroger reports second-quarter fiscal-2023 results.</p><p>Tapestry, the parent company of fashion brands Coach and Kate Spade, holds an investor day at its headquarters in New York. The company will discuss its long-term strategic initiatives and update its financial outlook.</p><p>The Federal Reserve releases the Financial Accounts of the United States for the second quarter. The report gives a snapshot of the nation&#39;s household net worth and debt. In the first quarter, household net worth fell by $544 billion, to $149.3 trillion. It was the first decline since the first quarter of 2020. With the S&amp;P 500 index plunging more than 16% in the second quarter, it&#39;s very likely that the report will show another decrease.</p></body></html>","source":"lsy1610680873436","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>GameStop, Apple, Kroger, NIO, and Other Stocks for Investors to Watch This Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGameStop, Apple, Kroger, NIO, and Other Stocks for Investors to Watch This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-05 07:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/gamestop-apple-kroger-nio-and-other-stocks-for-investors-to-watch-this-week-51662318000?mod=hp_LATEST><strong>Barron's</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>U.S. stock and bond markets will be closed on Monday for Labor Day. It's a quiet week on the earnings calendar once investors return from the long weekend, but a few major economic-data releases ...</p>\n\n<a href=\"https://www.barrons.com/articles/gamestop-apple-kroger-nio-and-other-stocks-for-investors-to-watch-this-week-51662318000?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"KR":"克罗格","NIO":"蔚来",".DJI":"道琼斯","GME":"游戏驿站","ZS":"Zscaler Inc.","DOCU":"Docusign",".IXIC":"NASDAQ Composite","AAPL":"苹果",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/gamestop-apple-kroger-nio-and-other-stocks-for-investors-to-watch-this-week-51662318000?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2265749449","content_text":"U.S. stock and bond markets will be closed on Monday for Labor Day. It's a quiet week on the earnings calendar once investors return from the long weekend, but a few major economic-data releases should grab plenty of attention.Results this week will come from GameStop and NIO on Wednesday, DocuSign and Zscaler on Thursday, and Kroger on Friday. Apple will also host a product launch event on Wednesday, when it is expected to unveil a new lineup of iPhones and Apple Watches.Economic data releases next week include the Institute for Supply Management's Services Purchasing Managers' Index for August on Tuesday. The consensus estimate is for the index to decline by about three points, to 54.Other data for investors and economists to watch next week will be the Federal Reserve's sixth beige book of the year on Wednesday and the Department of Labor's initial jobless claims for the latest week on Thursday.The European Central Bank also announces a monetary-policy decision on Thursday. Futures markets are pricing in the greatest odds of a 75-basis-point hike, which would bring ECB's benchmark interest-rate target to 0.75%.Monday 9/5Equity and fixed-income markets are closed in observance of Labor Day.Tuesday 9/6The Institute for Supply Management releases its Services Purchasing Managers' Index for August. Consensus estimate is for a 54 reading, about three points lower than in July. The index is well off its record high of 68.4 from November, but still above the expansionary level of 50.Wednesday 9/7Appleholds a launch event, titled \"Far Out,\" at its headquarters in Cupertino, Calif. The company is expected to unveil four new iPhone 14 models and three new Apple Watches, along with other products.GameStop and NIO report quarterly results.The Federal Reserve releases the beige book for the sixth of eight times this year. The report summarizes current economic conditions with anecdotal data collected by the 12 regional Federal Reserve banks.The Mortgage Bankers Association releases its mortgage application survey for the week ending on Sept. 2. Mortgage applications have dropped for three consecutive weeks and are at a multidecade low amid record-high home prices and surging mortgage rates.Thursday 9/8DocuSign and Zscaler hold conference calls to discuss quarterly earnings.Moderna hosts a research and development day, with presentations from its executive leadership, including CEO Stéphane Bancel.The European Central Bank announces its monetary-policy decision. Traders are pricing in a 60% chance of a jumbo-size 75-basis-point hike, which would bring ECB's deposit facility rate to 0.75%. At its last meeting, in July, the central bank lifted its key interest rate by half a percentage point, from negative 0.5% to zero. It has been just over a decade since the deposit facility rate was last above zero.The Department of Labor reports initial jobless claims for the week ending on Sept. 3. Claims averaged 241,500 in August, and have risen steadily this year from historically low levels.Friday 9/9Kroger reports second-quarter fiscal-2023 results.Tapestry, the parent company of fashion brands Coach and Kate Spade, holds an investor day at its headquarters in New York. The company will discuss its long-term strategic initiatives and update its financial outlook.The Federal Reserve releases the Financial Accounts of the United States for the second quarter. The report gives a snapshot of the nation's household net worth and debt. In the first quarter, household net worth fell by $544 billion, to $149.3 trillion. It was the first decline since the first quarter of 2020. With the S&P 500 index plunging more than 16% in the second quarter, it's very likely that the report will show another decrease.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1814,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9992207142,"gmtCreate":1661312513489,"gmtModify":1676536495596,"author":{"id":"3581485181983823","authorId":"3581485181983823","name":"Joel0712","avatar":"https://community-static.tradeup.com/news/d88d0d4b1d64806be714578e542b4f97","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581485181983823","authorIdStr":"3581485181983823"},"themes":[],"htmlText":"Ok&nbsp;","listText":"Ok&nbsp;","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9992207142","repostId":"1188636834","repostType":4,"repost":{"id":"1188636834","kind":"news","pubTimestamp":1661302880,"share":"https://ttm.financial/m/news/1188636834?lang=&edition=full_marsco","pubTime":"2022-08-24 09:01","market":"us","language":"en","title":"Tesla's Thin Model Pipeline","url":"https://stock-news.laohu8.com/highlight/detail?id=1188636834","media":"Seeking Alpha","summary":"SummaryTesla has only one new model with an announced launch date.This contrasts with others in the luxury end of the automotive market.It matters because autos are a highly differentiated consumer go","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>Tesla has only one new model with an announced launch date.</li><li>This contrasts with others in the luxury end of the automotive market.</li><li>It matters because autos are a highly differentiated consumer good; no single model in the US, China, or Europe gets even 3% of the market.</li><li>Unless Tesla changes its behavior, it cannot continue to demonstrate that growth that its valuation demands.</li></ul><p><b>Preamble</b></p><p>Sometimes I think I&#39;ll scream if I see yet another white Model 3; the limited range of color options accentuates already dated styling. I&#39;m not alone in this, except that most readers of this article are more enamored of Tesla&#39;s styling thanI. It&#39;s not just Tesla. A dealer friend had a customer who always bought two identical cars, his and hers, differing only in color because neither could stand to be seen driving their spouse&#39;s preferred one. There were the buyers who presented a nicely boxed set of keys to a new car for their other half&#39;s birthday. Sometimes it went well, but one time the color was unacceptable, another time, despite carefully soliciting comments, it was one they really didn&#39;t want. There are &#34;pink flamingoes&#34;, cars the dealer can&#39;t imagine anyone being seen in, yet ultimately someone buys them. Consumers are fickle, tastes are inexplicable and varied. That has important implications for thinking about Tesla (NASDAQ:TSLA) as an investment.</p><p><b>Overview</b></p><p>Passenger vehicles are differentiated durable consumer goods. (Yeh, I&#39;m an economist.) I look at data from China, Europe, and the US to emphasize the extent to which this results in highly fragmented markets. I then sketch the added competition from used cars. This leads to the third piece of my argument, that car companies provide a portfolio of products, and regularly update it - in the case of BMW, with 3 product launches a year, year in and year out. I conclude by looking at Tesla&#39;s product pipeline in light of the above.</p><p>My bottom line is simple: without new product, by 2023 Tesla will hit a growth ceiling. Since the stock is priced for growth, this implies that the company is currently overvalued.</p><p><b>I. Product Differentiation </b></p><p><i>China</i></p><p>In July 2022, some 542 distinct passenger vehicles were sold in China. The actual model count is higher, because this is only domestically assembled vehicles - in 2022H1, there were 446,000 imports or about 150,000 a month, including many high-end models. The best-selling Nissan Sunny (OTCPK:NSANY) (OTCPK:NSANF) (Sentra in the US, Sylphy in Japan) sold 493,000 in CY2021 and 217,000 in CY2022H1.</p><p>Most models sell in very low volumes; only 208 sold over 2,000 units. More important, no model has a large market share. The top-selling Nissan Sunny holds but 2.16% of the market, and only two others - the BYD Song Plus (OTCPK:BYDDF) and the GM Wuling Hongguang (GM) - had over a 2% share. Twelve other models had 1%-2%; fifty had between 0.5% and 1%.</p><p><img src=\"https://static.tigerbbs.com/3be454d00c3db761ce3004be22b6f76b\" tg-width=\"640\" tg-height=\"465\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Author database</p><p>Europe is much the same. UsingJATOdata for CY2021, I compiled a spreadsheet of model-level sales data. Counting &#34;other&#34; lines as but a single model, consumers bought 404 different vehicles in CY2021. Compared to China, per-model sales are even more diffuse: no single vehicle hit even 2% of the overall market of 11.4 million units. Some 25 models had between 1.0% and 1.8%; another 44 had between 0.5% and 1.0%. As in China, the market is comprised of highly differentiated vehicles, none of which achieves more than a small share.</p><p><img src=\"https://static.tigerbbs.com/39479367d7c991d0c2580d395b055018\" tg-width=\"640\" tg-height=\"466\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Authors calculations from JATO data</p><p><i>The USMCA</i></p><p>I don&#39;t have similar detailed data for the USMCA (US-Mexico-Canada), so I focus on the leading model: the Ford F-series (F). Ford sold an amazing 851,813 of those in CY2021, seemingly giving a much higher market share than the top vehicles in China and Europe (4.5% of USMCA CY2021 sales of 18,160,120 units).</p><p>That is misleading, because Ford&#39;s Dearborn Truck Plant assembles F-150s with 3 different length beds and assorted cab configurations (0&#39;, 5½&#39;, and 6½&#39; beds with 3 different cabs). The F-150 Lightning has its own assembly line in the same complex, sharing stampings, frame welding, and paint shop with ICE versions. Dearborn, though, doesn&#39;t assemble versions with 8 foot beds, those are done in the Kentucky Truck Plant, again with multiple variations. Kansas City does additional variations, such as the Transit vans built on the &#34;F&#34; chassis. To those, we must add F-250s, F-350s, stripped chassis versions sold to up-fitters and &#34;dually&#34; versions. Each has its own customer base. Talking to plant managers, that variety makes full-sized pickup truck plants the most difficult-to-run operations in the industry. But it hides that volumes for any single version of the F series are a fraction of the headline number.</p><p>In sum, only a handful of vehicles ever reach 2% of the market in the US, China, and Europe. None today hold 3% or more. In order for Tesla to grab more than a small slice of any market, they need 8-10 models.</p><p><b>II. Used Cars</b></p><p>In the US, there are roughly 280 million registered vehicles. In normal times, there are almost 3x more used cars sold than new. Indeed, most drivers will never have the income to purchase a new vehicle. More important, of those who do purchase new – such as my son, who just took delivery of a Subaru Legacy - many are on the borderline, and shop both new and used.</p><p>The prototypical case is the Model T. Even though Henry Ford kept lowering the price, eventually to $350, by the early 1920s, sales stalled. Why? - a used Model T could be had for less than that and was readily repairable. Indeed, even today, you can get any part needed to fix one delivered overnight, except for the engine block, with perhaps a half-million still in operating condition. In other words, cars are durable goods, and by focusing exclusively on the Model T, Henry almost put himself out of business. [<i>Aside: the original Model T factory survives, unlike the subsequent Highland Park Plant of assembly line fame. It&#39;s now the Ford Piquette Avenue Museum, with 2 floors of Model Ts, from treaded &#34;snowcats&#34; to pickup trucks and leather-fitted versions for social climbers.</i>]</p><p>Do not make the mistake of reading current market conditions into the general story. During the pandemic, rental car fleets unloaded cars - Hertz didn&#39;t do it fast enough and went bankrupt - but when business and vacation travel resumed, rental companies could not &#34;refleet&#34; due to the chip shortage. In a normal year, Enterprise purchases 1 million units, and sells a like number of used units. Now they and their rivals are straining to renew their fleets, to the point of becoming net purchasers of used cars. Similarly, lease returns are normally an additional input into the used vehicle stream, but with prices above the contracted &#34;residual&#34; price at lease-end, that source has likewise dried up. As a result, when my son went car shopping, he discovered that low-mileage used inventory was priced above sticker, whereas he could wait and have a new car at MSRP. Not all car shoppers can wait, so even such high-priced used cars quickly disappear from dealership lots. My son, fortunately, could and did wait. [<i>Aside: when the balance shifts, both new and used car prices will decline precipitously. That will be enough to push the US CPI from inflation to deflation, at least briefly.</i>]</p><p>The bottom line remains that as time passes, competition from like-model used vehicles becomes significant. The average sedan on the road is now over 12 years old, and pickup trucks even older. A critical long-run issue with cars (and other durable goods) is to limit competition from the used car market.</p><p>The one set of studies I know that is specific to automotive (Adam Copeland of the NY Fed, with various co-authors) estimates that as a result of this competition, new car prices fall at an annual average of 9.2% per annum, reflected in increasing rebates and fewer sales of high-trim versions. That is, at the end of a standard 4-year model cycle, prices are almost 30% lower than at launch. Furthermore, later purchasers are lower in income. That is, competition from like-model used cars increases over time, eroding margins as car sellers dip lower down the income profile. No one can avoid that, not even Tesla.</p><p><b>III. Product Portfolio and Product Pipeline</b></p><p>Car companies respond to the above pressures in two ways. First, they offer a portfolio of products from a smaller number of platforms. That helps them increase platform-level economies of scale. (The irony is that the ease of engineering &#34;top hats&#34; for a platform, enabled by the ability to digitally engineer a vehicle - even to modeling assembly-line ergonomics before the first prototype is made - exacerbates the number of models and lowers sales per model.) The key work here is &#34;portfolio&#34;, with a car for every pocket, and a brand hierarchy differentiated by social status.</p><p>The second response is the regular redesign of models, with a typical cadence of a &#34;refresh&#34; every 2 years (fascia and interior) and a redesign every 4 years (with new sheet metal). As a result, cars that launch in 2023 are already a &#34;done&#34; deal, and a lot of the work on 2024 models is complete. Engineers are now turning their attention to cars set to launch in 2025.</p><p>I present a summary below, drawn from <i>Automotive News</i>, focused on a number of the luxury brands with which Tesla competes. Now car companies vary in the extent to which they detail new product plans in public. They are inconsistent in distinguishing whether their plans are on a model year or a calendar year basis. I don&#39;t know individual models, to distinguish whether a &#34;GT&#34; version is a distinct model, so there&#39;s some potential error on my end. Audi (OTC:AUDVF) and Porsche (OTCPK:POAHY) share engineering resources, and it&#39;s likely that there&#39;s overlap between Volvo (OTCPK:VOLAF) and Polestar (PSNY). And so on. It&#39;s an indicative table using soft data.</p><p>I use only AN&#39;s coverage and have not modified them against the more reliable product pipelines that suppliers have shared with me under an NDA, which includes the month of launch. What I can share from years of presentations by suppliers on new technologies they&#39;re bringing to market is that launch dates are &#34;hard&#34;. They not only tie into marketing, assembly line upgrades, and supplier production/engineering schedules, but missing a launch target ties up engineers slated to move to other projects. It&#39;s unusual if launch dates slip by more than a few weeks, even though they are set 2 or more years ahead of time.</p><p>With those caveats, here is my summary, excluding model names, and not reporting models with a scheduled end of life.</p><p><img src=\"https://static.tigerbbs.com/ef5537a42658ca05dded032f18aa6042\" tg-width=\"613\" tg-height=\"483\" width=\"100%\" height=\"auto\"/><img src=\"https://static.tigerbbs.com/72a51243c74aaf0e76d9b235157cc762\" tg-width=\"613\" tg-height=\"402\" width=\"100%\" height=\"auto\"/><img src=\"https://static.tigerbbs.com/15c14bceea4eacf94d9444cb18953f15\" tg-width=\"617\" tg-height=\"406\" width=\"100%\" height=\"auto\"/><img src=\"https://static.tigerbbs.com/f6043da38b1eba04208c52222bf31173\" tg-width=\"615\" tg-height=\"302\" width=\"100%\" height=\"auto\"/>What this table does not show is that this pattern of refreshes, renewals, and new models extends back in time. Audi, Porsche, BMW (OTCPK:BMWYY), Mercedes (OTCPK:MBGAF), and Lexus have a constant stream of new products in their pipeline, so that over the course of a decade, each model is replaced or refreshed 2-3 times. That is the only way to avoid cannibalization by used cars, plus of course, it&#39;s necessary to keep up with styling trends and to incorporate the constant stream of better components and improved functionality that require new hardware and not just new software.</p><p><b>IV. Tesla&#39;s Pipeline</b></p><p>It&#39;s 10 years since the launch of the Model S, Tesla&#39;s first proper model. Since then, it has launched only 3 new products, and carried out a minor refresh of the interior of the Model S. None of the other models has been refreshed, much less renewed with new sheet metal. Yet the Model S is 10 years old, the Model X is 7 years old, and the Model 3 is 5 years old; only the Model Y, launched in 2020, is fresh. That understates the issue: because of the many delays in both development and launch, the styling of these models is older than those of competitors who launched on time after a short period of development and engineering. In a style-conscious industry, Tesla has chosen to rely on each new model hitting a home run, that is, setting trends rather than adapting to trends. That&#39;s a high-risk strategy, amplified as its lineup ages.</p><p>Two rumored future products, the Semi and the Roadster, do not yet have clear timelines - maybe 2023, maybe a bit later. In any case, both are niche vehicles that will not generate sufficient top line revenue or bottom line profits to move the needle.</p><p>That leaves a single model in the pipeline: the Tesla Cybertruck. It begins production by summer 2023 and goes on sale sometime thereafter. It&#39;s all still vague, and the initial $39,999 price is DOA. More to the point, it&#39;s a quintessential California/Texas vehicle: a performance pickup with only a single cab-bed variant. That is in stark contrast to the multiple products hiding behind the F-150 moniker. Worse, Tesla needs global vehicles if it is to grow.</p><p>Unfortunately for the Cybertruck, full-sized pickups are a North American thing. Despite a market 40% larger than the USMCA, fewer pickups sell in China than Ford sells in the US - only 259,000 in 2022H1. Great Wall (OTCPK:GWLLF) has 45% of the market, followed by the truckmakers Jiangling (OTCPK:JGLMY) (15%), Zhengzhou Nissan (10%), and Jiangxi Isuzu. Unlike the US, pickups are not an offspring of the passenger car market. Furthermore, only 14% of pickups are sold in the Tier I and Tier II cities that are the core market for Tesla (see Wikipediaherefor a list of major cities). In contrast, 19% are sold in Tier III cities, 24% in Tier IV cities, and 42% in rural areas. (Source:CPCAA data.) To sell the Cybertruck in those markets would require Tesla to more than double its sales and service center network, because farmers and rural construction firms can&#39;t wait for repairs. Of course, there&#39;s no rural charging network, either, but unlike urban apartment dwellers, most truck drivers would have access to overnight charging. But who would want to use a Cybertruck to haul manure?</p><p>Europe is worse - in CY2020, the most recent data I found, sales were only 116,000, in a market about the size of the USMCA. Nissan, Renault (OTCPK:RNSDF), and Mercedes have all exited the market. [Source:Automotive News June 14, 2021] In addition, most are compact pickups - in 2020, the Ford Ranger held over a third of the pickup market. [Source:carsalesbase] Even in the US, the Cybertruck is both idiosyncratic and late to market, well behind Ford and Rivian (RIVN). It will certainly find a following among Tesla aficionados, but it is unclear that it will gain much traction among current pickup truck owners. Ford dominates there. The contractors who lease them have the local dealership service desk on speed-dial - work trucks take a beating, and a history of reliable service keeps them loyal.</p><p>In any case, the Cybertruck is not one of the global models that Tesla needs.</p><p><b><i>Summary</i></b></p><p>Quite simply, Tesla is not spending enough on new products, and lacks a clear product strategy. R&amp;D expenditures have risen from $825 million in 2020Q2 to $2,632 million in 2022Q2, so product development shouldn&#39;t be starved for resources. [<i>As a data point, the GM-Honda Cruise autonomous driving joint venture spent $496 million in 2022Q2, a spend rate that would eat up 19% of Tesla&#39;s R&amp;D.</i>]</p><p>Tesla has too many irons in the fire: autonomous vehicle development, solar and energy products, service and sales centers, charging stations, and pet projects of Elon Musk such as robots. It needs to fill its product pipeline and communicate about what it is doing with investors.</p><p><b>V. Conclusion</b></p><p>Tesla has tremendous brand value. Without new models, however, they will not be able to monetize it, and will instead start to see sales stagnate and margins compress. As the many projections on Seeking Alpha make clear, its stock market valuation is based on continued high growth. New factories support growth only if there is a new product to fill them. Unfortunately, management is providing no guidance to suggest they are bringing a product portfolio to market in a systematic, disciplined, and timely manner.</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>Tesla's Thin Model Pipeline</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 Thin Model Pipeline\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-24 09:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4536322-tesla-stock-thin-model-pipeline?source=content_type%3Aall%7Cfirst_level_url%3Aportfolio%7Csection%3Aportfolio_content_unit%7Csection_asset%3Alatest%7Cline%3A41><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryTesla has only one new model with an announced launch date.This contrasts with others in the luxury end of the automotive market.It matters because autos are a highly differentiated consumer ...</p>\n\n<a href=\"https://seekingalpha.com/article/4536322-tesla-stock-thin-model-pipeline?source=content_type%3Aall%7Cfirst_level_url%3Aportfolio%7Csection%3Aportfolio_content_unit%7Csection_asset%3Alatest%7Cline%3A41\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://seekingalpha.com/article/4536322-tesla-stock-thin-model-pipeline?source=content_type%3Aall%7Cfirst_level_url%3Aportfolio%7Csection%3Aportfolio_content_unit%7Csection_asset%3Alatest%7Cline%3A41","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188636834","content_text":"SummaryTesla has only one new model with an announced launch date.This contrasts with others in the luxury end of the automotive market.It matters because autos are a highly differentiated consumer good; no single model in the US, China, or Europe gets even 3% of the market.Unless Tesla changes its behavior, it cannot continue to demonstrate that growth that its valuation demands.PreambleSometimes I think I'll scream if I see yet another white Model 3; the limited range of color options accentuates already dated styling. I'm not alone in this, except that most readers of this article are more enamored of Tesla's styling thanI. It's not just Tesla. A dealer friend had a customer who always bought two identical cars, his and hers, differing only in color because neither could stand to be seen driving their spouse's preferred one. There were the buyers who presented a nicely boxed set of keys to a new car for their other half's birthday. Sometimes it went well, but one time the color was unacceptable, another time, despite carefully soliciting comments, it was one they really didn't want. There are \"pink flamingoes\", cars the dealer can't imagine anyone being seen in, yet ultimately someone buys them. Consumers are fickle, tastes are inexplicable and varied. That has important implications for thinking about Tesla (NASDAQ:TSLA) as an investment.OverviewPassenger vehicles are differentiated durable consumer goods. (Yeh, I'm an economist.) I look at data from China, Europe, and the US to emphasize the extent to which this results in highly fragmented markets. I then sketch the added competition from used cars. This leads to the third piece of my argument, that car companies provide a portfolio of products, and regularly update it - in the case of BMW, with 3 product launches a year, year in and year out. I conclude by looking at Tesla's product pipeline in light of the above.My bottom line is simple: without new product, by 2023 Tesla will hit a growth ceiling. Since the stock is priced for growth, this implies that the company is currently overvalued.I. Product Differentiation ChinaIn July 2022, some 542 distinct passenger vehicles were sold in China. The actual model count is higher, because this is only domestically assembled vehicles - in 2022H1, there were 446,000 imports or about 150,000 a month, including many high-end models. The best-selling Nissan Sunny (OTCPK:NSANY) (OTCPK:NSANF) (Sentra in the US, Sylphy in Japan) sold 493,000 in CY2021 and 217,000 in CY2022H1.Most models sell in very low volumes; only 208 sold over 2,000 units. More important, no model has a large market share. The top-selling Nissan Sunny holds but 2.16% of the market, and only two others - the BYD Song Plus (OTCPK:BYDDF) and the GM Wuling Hongguang (GM) - had over a 2% share. Twelve other models had 1%-2%; fifty had between 0.5% and 1%.Author databaseEurope is much the same. UsingJATOdata for CY2021, I compiled a spreadsheet of model-level sales data. Counting \"other\" lines as but a single model, consumers bought 404 different vehicles in CY2021. Compared to China, per-model sales are even more diffuse: no single vehicle hit even 2% of the overall market of 11.4 million units. Some 25 models had between 1.0% and 1.8%; another 44 had between 0.5% and 1.0%. As in China, the market is comprised of highly differentiated vehicles, none of which achieves more than a small share.Authors calculations from JATO dataThe USMCAI don't have similar detailed data for the USMCA (US-Mexico-Canada), so I focus on the leading model: the Ford F-series (F). Ford sold an amazing 851,813 of those in CY2021, seemingly giving a much higher market share than the top vehicles in China and Europe (4.5% of USMCA CY2021 sales of 18,160,120 units).That is misleading, because Ford's Dearborn Truck Plant assembles F-150s with 3 different length beds and assorted cab configurations (0', 5½', and 6½' beds with 3 different cabs). The F-150 Lightning has its own assembly line in the same complex, sharing stampings, frame welding, and paint shop with ICE versions. Dearborn, though, doesn't assemble versions with 8 foot beds, those are done in the Kentucky Truck Plant, again with multiple variations. Kansas City does additional variations, such as the Transit vans built on the \"F\" chassis. To those, we must add F-250s, F-350s, stripped chassis versions sold to up-fitters and \"dually\" versions. Each has its own customer base. Talking to plant managers, that variety makes full-sized pickup truck plants the most difficult-to-run operations in the industry. But it hides that volumes for any single version of the F series are a fraction of the headline number.In sum, only a handful of vehicles ever reach 2% of the market in the US, China, and Europe. None today hold 3% or more. In order for Tesla to grab more than a small slice of any market, they need 8-10 models.II. Used CarsIn the US, there are roughly 280 million registered vehicles. In normal times, there are almost 3x more used cars sold than new. Indeed, most drivers will never have the income to purchase a new vehicle. More important, of those who do purchase new – such as my son, who just took delivery of a Subaru Legacy - many are on the borderline, and shop both new and used.The prototypical case is the Model T. Even though Henry Ford kept lowering the price, eventually to $350, by the early 1920s, sales stalled. Why? - a used Model T could be had for less than that and was readily repairable. Indeed, even today, you can get any part needed to fix one delivered overnight, except for the engine block, with perhaps a half-million still in operating condition. In other words, cars are durable goods, and by focusing exclusively on the Model T, Henry almost put himself out of business. [Aside: the original Model T factory survives, unlike the subsequent Highland Park Plant of assembly line fame. It's now the Ford Piquette Avenue Museum, with 2 floors of Model Ts, from treaded \"snowcats\" to pickup trucks and leather-fitted versions for social climbers.]Do not make the mistake of reading current market conditions into the general story. During the pandemic, rental car fleets unloaded cars - Hertz didn't do it fast enough and went bankrupt - but when business and vacation travel resumed, rental companies could not \"refleet\" due to the chip shortage. In a normal year, Enterprise purchases 1 million units, and sells a like number of used units. Now they and their rivals are straining to renew their fleets, to the point of becoming net purchasers of used cars. Similarly, lease returns are normally an additional input into the used vehicle stream, but with prices above the contracted \"residual\" price at lease-end, that source has likewise dried up. As a result, when my son went car shopping, he discovered that low-mileage used inventory was priced above sticker, whereas he could wait and have a new car at MSRP. Not all car shoppers can wait, so even such high-priced used cars quickly disappear from dealership lots. My son, fortunately, could and did wait. [Aside: when the balance shifts, both new and used car prices will decline precipitously. That will be enough to push the US CPI from inflation to deflation, at least briefly.]The bottom line remains that as time passes, competition from like-model used vehicles becomes significant. The average sedan on the road is now over 12 years old, and pickup trucks even older. A critical long-run issue with cars (and other durable goods) is to limit competition from the used car market.The one set of studies I know that is specific to automotive (Adam Copeland of the NY Fed, with various co-authors) estimates that as a result of this competition, new car prices fall at an annual average of 9.2% per annum, reflected in increasing rebates and fewer sales of high-trim versions. That is, at the end of a standard 4-year model cycle, prices are almost 30% lower than at launch. Furthermore, later purchasers are lower in income. That is, competition from like-model used cars increases over time, eroding margins as car sellers dip lower down the income profile. No one can avoid that, not even Tesla.III. Product Portfolio and Product PipelineCar companies respond to the above pressures in two ways. First, they offer a portfolio of products from a smaller number of platforms. That helps them increase platform-level economies of scale. (The irony is that the ease of engineering \"top hats\" for a platform, enabled by the ability to digitally engineer a vehicle - even to modeling assembly-line ergonomics before the first prototype is made - exacerbates the number of models and lowers sales per model.) The key work here is \"portfolio\", with a car for every pocket, and a brand hierarchy differentiated by social status.The second response is the regular redesign of models, with a typical cadence of a \"refresh\" every 2 years (fascia and interior) and a redesign every 4 years (with new sheet metal). As a result, cars that launch in 2023 are already a \"done\" deal, and a lot of the work on 2024 models is complete. Engineers are now turning their attention to cars set to launch in 2025.I present a summary below, drawn from Automotive News, focused on a number of the luxury brands with which Tesla competes. Now car companies vary in the extent to which they detail new product plans in public. They are inconsistent in distinguishing whether their plans are on a model year or a calendar year basis. I don't know individual models, to distinguish whether a \"GT\" version is a distinct model, so there's some potential error on my end. Audi (OTC:AUDVF) and Porsche (OTCPK:POAHY) share engineering resources, and it's likely that there's overlap between Volvo (OTCPK:VOLAF) and Polestar (PSNY). And so on. It's an indicative table using soft data.I use only AN's coverage and have not modified them against the more reliable product pipelines that suppliers have shared with me under an NDA, which includes the month of launch. What I can share from years of presentations by suppliers on new technologies they're bringing to market is that launch dates are \"hard\". They not only tie into marketing, assembly line upgrades, and supplier production/engineering schedules, but missing a launch target ties up engineers slated to move to other projects. It's unusual if launch dates slip by more than a few weeks, even though they are set 2 or more years ahead of time.With those caveats, here is my summary, excluding model names, and not reporting models with a scheduled end of life.What this table does not show is that this pattern of refreshes, renewals, and new models extends back in time. Audi, Porsche, BMW (OTCPK:BMWYY), Mercedes (OTCPK:MBGAF), and Lexus have a constant stream of new products in their pipeline, so that over the course of a decade, each model is replaced or refreshed 2-3 times. That is the only way to avoid cannibalization by used cars, plus of course, it's necessary to keep up with styling trends and to incorporate the constant stream of better components and improved functionality that require new hardware and not just new software.IV. Tesla's PipelineIt's 10 years since the launch of the Model S, Tesla's first proper model. Since then, it has launched only 3 new products, and carried out a minor refresh of the interior of the Model S. None of the other models has been refreshed, much less renewed with new sheet metal. Yet the Model S is 10 years old, the Model X is 7 years old, and the Model 3 is 5 years old; only the Model Y, launched in 2020, is fresh. That understates the issue: because of the many delays in both development and launch, the styling of these models is older than those of competitors who launched on time after a short period of development and engineering. In a style-conscious industry, Tesla has chosen to rely on each new model hitting a home run, that is, setting trends rather than adapting to trends. That's a high-risk strategy, amplified as its lineup ages.Two rumored future products, the Semi and the Roadster, do not yet have clear timelines - maybe 2023, maybe a bit later. In any case, both are niche vehicles that will not generate sufficient top line revenue or bottom line profits to move the needle.That leaves a single model in the pipeline: the Tesla Cybertruck. It begins production by summer 2023 and goes on sale sometime thereafter. It's all still vague, and the initial $39,999 price is DOA. More to the point, it's a quintessential California/Texas vehicle: a performance pickup with only a single cab-bed variant. That is in stark contrast to the multiple products hiding behind the F-150 moniker. Worse, Tesla needs global vehicles if it is to grow.Unfortunately for the Cybertruck, full-sized pickups are a North American thing. Despite a market 40% larger than the USMCA, fewer pickups sell in China than Ford sells in the US - only 259,000 in 2022H1. Great Wall (OTCPK:GWLLF) has 45% of the market, followed by the truckmakers Jiangling (OTCPK:JGLMY) (15%), Zhengzhou Nissan (10%), and Jiangxi Isuzu. Unlike the US, pickups are not an offspring of the passenger car market. Furthermore, only 14% of pickups are sold in the Tier I and Tier II cities that are the core market for Tesla (see Wikipediaherefor a list of major cities). In contrast, 19% are sold in Tier III cities, 24% in Tier IV cities, and 42% in rural areas. (Source:CPCAA data.) To sell the Cybertruck in those markets would require Tesla to more than double its sales and service center network, because farmers and rural construction firms can't wait for repairs. Of course, there's no rural charging network, either, but unlike urban apartment dwellers, most truck drivers would have access to overnight charging. But who would want to use a Cybertruck to haul manure?Europe is worse - in CY2020, the most recent data I found, sales were only 116,000, in a market about the size of the USMCA. Nissan, Renault (OTCPK:RNSDF), and Mercedes have all exited the market. [Source:Automotive News June 14, 2021] In addition, most are compact pickups - in 2020, the Ford Ranger held over a third of the pickup market. [Source:carsalesbase] Even in the US, the Cybertruck is both idiosyncratic and late to market, well behind Ford and Rivian (RIVN). It will certainly find a following among Tesla aficionados, but it is unclear that it will gain much traction among current pickup truck owners. Ford dominates there. The contractors who lease them have the local dealership service desk on speed-dial - work trucks take a beating, and a history of reliable service keeps them loyal.In any case, the Cybertruck is not one of the global models that Tesla needs.SummaryQuite simply, Tesla is not spending enough on new products, and lacks a clear product strategy. R&D expenditures have risen from $825 million in 2020Q2 to $2,632 million in 2022Q2, so product development shouldn't be starved for resources. [As a data point, the GM-Honda Cruise autonomous driving joint venture spent $496 million in 2022Q2, a spend rate that would eat up 19% of Tesla's R&D.]Tesla has too many irons in the fire: autonomous vehicle development, solar and energy products, service and sales centers, charging stations, and pet projects of Elon Musk such as robots. It needs to fill its product pipeline and communicate about what it is doing with investors.V. ConclusionTesla has tremendous brand value. Without new models, however, they will not be able to monetize it, and will instead start to see sales stagnate and margins compress. As the many projections on Seeking Alpha make clear, its stock market valuation is based on continued high growth. New factories support growth only if there is a new product to fill them. Unfortunately, management is providing no guidance to suggest they are bringing a product portfolio to market in a systematic, disciplined, and timely manner.","news_type":1},"isVote":1,"tweetType":1,"viewCount":484,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9999055225,"gmtCreate":1660443045669,"gmtModify":1676533471234,"author":{"id":"3581485181983823","authorId":"3581485181983823","name":"Joel0712","avatar":"https://community-static.tradeup.com/news/d88d0d4b1d64806be714578e542b4f97","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581485181983823","authorIdStr":"3581485181983823"},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9999055225","repostId":"2259083078","repostType":4,"repost":{"id":"2259083078","kind":"highlight","pubTimestamp":1660440697,"share":"https://ttm.financial/m/news/2259083078?lang=&edition=full_marsco","pubTime":"2022-08-14 09:31","market":"us","language":"en","title":"Stock Market Recovery Faces a New Hurdle as Record Buybacks Slow","url":"https://stock-news.laohu8.com/highlight/detail?id=2259083078","media":"Bloomberg","summary":"(Bloomberg) -- An end to corporate America’s record stock-buying spree is giving equity bulls one mo","content":"<html><head></head><body><p>(Bloomberg) -- An end to corporate America’s record stock-buying spree is giving equity bulls one more thing to worry about.</p><p>JPMorgan Chase &amp; Co., Citigroup Inc. and Best Buy Co Inc. all paused buyback plans when reporting their second-quarter results, deciding to hold on to cash instead as the Federal Reserve’s interest-rate hikes risk driving the economy into a recession. They’re among the 10 that have halted programs this year for reasons unrelated to M&amp;A -- a “very, very rare” phenomenon, according to Birinyi Associates.</p><p>The moves may be an early sign of a pullback from an era of record stock buybacks that erupted in the wake of the pandemic, when executives tapped cash hoards to purchase almost $1 trillion of their own shares. While analysts debate how much impact stock buybacks ultimately have, the retreat threatens to remove one crutch from a fragile market already contending with inflation and the specter of a global growth slowdown.</p><p>“Buybacks have been the largest source of US equity demand this year and a big support for stock markets,” said Mathieu Racheter, head of equity strategy at Julius Baer. “But buybacks are expected to slow from here amid a dimmer outlook for earnings and lower CEO confidence.”</p><p>By the end of the first quarter, US firms had spent just over $265 billion on buying back stock, a record amount, according to data from Barclays Plc. While repurchase announcements have still been strong year-to-date, some US firms “have used the second-quarter results to curtail existing buybacks on growth outlook concerns,” strategist Emmanuel Cau said.</p><p>JPMorgan Chief Executive Officer Jamie Dimon said the bank is taking a hiatus to meet higher capital requirements and allow flexibility for “a broad range of economic environments,” while reporting earnings that missed estimates. Citigroup also cited higher capital rules, saying it’s now in “capital-building mode.”</p><p>Other companies are also favoring using cash to bolster their businesses during a tough economic period.</p><p>Retailer Best Buy said it was pausing repurchases as part of its capital management strategy “in response to the current sales environment.” The company slashed its guidance and said inflation is pummeling consumers. And Starbucks Corp. founder Howard Schultz suspended the coffee chain’s buyback plan in April, saying the cash could be better spent on stores and staff.</p><h2>Tax Jitters</h2><p>The outlook for buybacks next year is even more uncertain, with a proposed tax on US stock repurchases expected to go into effect. Democrats are hoping that the 1% excise tax will slow the use of corporate buybacks, because they produce capital gains but no immediate tax bills.</p><p>That may open up a window for companies to pull forward their plans into the second half of this year. Still, strategists don’t expect this to provide a big prop to markets, given that overriding macroeconomic uncertainty will outweigh any positive sentiment from accelerated repurchases.</p><p>“Companies with clear guidance will likely try to front-load some of the buybacks, though it may not be as market-moving as some expect given the major macro drivers at the moment,” said Esty Dwek, chief investment officer at Flowbank SA.</p><p>Robert Cantwell, portfolio manager at Upholdings Group LLC in Nashville, agrees. “We don’t expect a ‘buyback rush’ in the second half since they are more dependent on share prices than a 1% tax,” he said. “The tax is more likely to depress share buybacks in favor of more M&amp;A or internal capex.”</p><p>But there’s some good news for those looking for a buyback boost: the stock market rebound since its June low may also reduce companies’ need to support their shares through repurchases.</p><p>“Equity market prices have been recovering strongly over the last month and buybacks should absolutely slow down as a result,” Cantwell said. “Slowing buybacks can be a sign of a strong market, as opposed to a weak one.”</p></body></html>","source":"yahoofinance","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>Stock Market Recovery Faces a New Hurdle as Record Buybacks Slow</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; 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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\">\nStock Market Recovery Faces a New Hurdle as Record Buybacks Slow\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-14 09:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/stock-market-recovery-faces-hurdle-180000861.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- An end to corporate America’s record stock-buying spree is giving equity bulls one more thing to worry about.JPMorgan Chase & Co., Citigroup Inc. and Best Buy Co Inc. all paused buyback...</p>\n\n<a href=\"https://finance.yahoo.com/news/stock-market-recovery-faces-hurdle-180000861.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/stock-market-recovery-faces-hurdle-180000861.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2259083078","content_text":"(Bloomberg) -- An end to corporate America’s record stock-buying spree is giving equity bulls one more thing to worry about.JPMorgan Chase & Co., Citigroup Inc. and Best Buy Co Inc. all paused buyback plans when reporting their second-quarter results, deciding to hold on to cash instead as the Federal Reserve’s interest-rate hikes risk driving the economy into a recession. They’re among the 10 that have halted programs this year for reasons unrelated to M&A -- a “very, very rare” phenomenon, according to Birinyi Associates.The moves may be an early sign of a pullback from an era of record stock buybacks that erupted in the wake of the pandemic, when executives tapped cash hoards to purchase almost $1 trillion of their own shares. While analysts debate how much impact stock buybacks ultimately have, the retreat threatens to remove one crutch from a fragile market already contending with inflation and the specter of a global growth slowdown.“Buybacks have been the largest source of US equity demand this year and a big support for stock markets,” said Mathieu Racheter, head of equity strategy at Julius Baer. “But buybacks are expected to slow from here amid a dimmer outlook for earnings and lower CEO confidence.”By the end of the first quarter, US firms had spent just over $265 billion on buying back stock, a record amount, according to data from Barclays Plc. While repurchase announcements have still been strong year-to-date, some US firms “have used the second-quarter results to curtail existing buybacks on growth outlook concerns,” strategist Emmanuel Cau said.JPMorgan Chief Executive Officer Jamie Dimon said the bank is taking a hiatus to meet higher capital requirements and allow flexibility for “a broad range of economic environments,” while reporting earnings that missed estimates. Citigroup also cited higher capital rules, saying it’s now in “capital-building mode.”Other companies are also favoring using cash to bolster their businesses during a tough economic period.Retailer Best Buy said it was pausing repurchases as part of its capital management strategy “in response to the current sales environment.” The company slashed its guidance and said inflation is pummeling consumers. And Starbucks Corp. founder Howard Schultz suspended the coffee chain’s buyback plan in April, saying the cash could be better spent on stores and staff.Tax JittersThe outlook for buybacks next year is even more uncertain, with a proposed tax on US stock repurchases expected to go into effect. Democrats are hoping that the 1% excise tax will slow the use of corporate buybacks, because they produce capital gains but no immediate tax bills.That may open up a window for companies to pull forward their plans into the second half of this year. Still, strategists don’t expect this to provide a big prop to markets, given that overriding macroeconomic uncertainty will outweigh any positive sentiment from accelerated repurchases.“Companies with clear guidance will likely try to front-load some of the buybacks, though it may not be as market-moving as some expect given the major macro drivers at the moment,” said Esty Dwek, chief investment officer at Flowbank SA.Robert Cantwell, portfolio manager at Upholdings Group LLC in Nashville, agrees. “We don’t expect a ‘buyback rush’ in the second half since they are more dependent on share prices than a 1% tax,” he said. “The tax is more likely to depress share buybacks in favor of more M&A or internal capex.”But there’s some good news for those looking for a buyback boost: the stock market rebound since its June low may also reduce companies’ need to support their shares through repurchases.“Equity market prices have been recovering strongly over the last month and buybacks should absolutely slow down as a result,” Cantwell said. “Slowing buybacks can be a sign of a strong market, as opposed to a weak one.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":487,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":818908845,"gmtCreate":1630368853887,"gmtModify":1676530281366,"author":{"id":"3581485181983823","authorId":"3581485181983823","name":"Joel0712","avatar":"https://community-static.tradeup.com/news/d88d0d4b1d64806be714578e542b4f97","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581485181983823","authorIdStr":"3581485181983823"},"themes":[],"htmlText":"Ok&nbsp;","listText":"Ok&nbsp;","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/818908845","repostId":"2163833181","repostType":4,"repost":{"id":"2163833181","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":1630353642,"share":"https://ttm.financial/m/news/2163833181?lang=&edition=full_marsco","pubTime":"2021-08-31 04:00","market":"us","language":"en","title":"S&P, Nasdaq end at record highs as dovish Fed taper-talk calms investors","url":"https://stock-news.laohu8.com/highlight/detail?id=2163833181","media":"Reuters","summary":"S&P 500 tracks longest monthly winning streak since 2018.\nS&P 500, Nasdaq end at fresh record highs\n","content":"<p>S&amp;P 500 tracks longest monthly winning streak since 2018.</p>\n<p>S&amp;P 500, Nasdaq end at fresh record highs</p>\n<p><a href=\"https://laohu8.com/S/PYPL\">PayPal</a> gains on report it is exploring a stock-trading platform</p>\n<p>Aug 30 (Reuters) - The S&amp;P 500 and Nasdaq ended Monday at fresh record highs as investors jumped into technology stocks, taking comfort from the Federal Reserve's dovish comments on tapering in monetary stimulus and what that might mean for the economic recovery.</p>\n<p>Apple Inc jumped to an all-time high, while Microsoft Corp , Amazon.com , Google-owner Alphabet Inc all rose, helping the tech-heavy Nasdaq outperform the S&amp;P 500 and the Dow.</p>\n<p>High-growth tech stocks tend to benefit from expectations of lower rates because their value rests heavily on future earnings.</p>\n<p>The benchmark index is tracking its longest monthly winning streak since 2018 on the promise of easy money, with investors shrugging off signs of a slowing economic recovery and surging COVID-19 cases.</p>\n<p>Fed Chair Jerome Powell said on Friday the central bank would continue to be cautious in its approach to tapering its massive pandemic-era stimulus, while reaffirming a steady economic recovery.</p>\n<p>\"It's now clear that there's going to still be an extraordinary amount of support for this economy, probably until November,\" said Ed Moya, senior market analyst for the Americas at OANDA.</p>\n<p>\"Some investors are thinking that tapering might not even start this year, but the <a href=\"https://laohu8.com/S/AONE.U\">one</a> thing that everyone can agree on is that Chair Powell has signaled they are in no rush to raise interest rates and he's disconnected tapering with rate-hike timing.\"</p>\n<p>The S&amp;P 500 has risen more than 3% so far in August - a seasonally weak period for stocks - and Wells Fargo analysts said last week they expect the index to rise another 8% by the end of the year.</p>\n<p>It is also on track to log one of its best year-to-date returns through August of the past six decades, said Chris Larkin, managing director of trading at E*Trade Financial.</p>\n<p>Unofficially, the Dow Jones Industrial Average fell 55.96 points, or 0.16%, to 35,399.84, the S&amp;P 500 gained 19.39 points, or 0.43%, to 4,528.76 and the Nasdaq Composite&nbsp;added 136.22 points, or 0.9%, to 15,265.72.</p>\n<p>While U.S. crude prices rose 0.7% on Monday, energy stocks&nbsp;broadly slipped as investors fretted about possible longer-term impacts to offshore oil production and damage to energy infrastructure from Hurricane Ida, which roared ashore on Sunday near Port Fourchon, Louisiana, a major hub for the U.S. offshore oil industry.</p>\n<p>Falling bond yields also pressured bank stocks, with the S&amp;P 500 banking index ending down.</p>\n<p>PayPal Holdings Inc advanced on a CNBC report that the financial services firm was exploring the development of a stocks trading platform for its U.S. customers. The news helped push Robinhood Markets Inc down.</p>\n<p>U.S.-listed shares of Chinese gaming firm NetEase Inc&nbsp;slumped as Chinese regulators slashed the amount of time players under the age of 18 can spend on online games to an hour on Fridays, weekends and holidays.</p>\n<p>(Reporting by Shashank Nayar in Bengaluru and David French in New York; Editing by Arun Koyyur and Lisa Shumaker)</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>S&P, Nasdaq end at record highs as dovish Fed taper-talk calms investors</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\">\nS&P, Nasdaq end at record highs as dovish Fed taper-talk calms investors\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\">2021-08-31 04:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>S&amp;P 500 tracks longest monthly winning streak since 2018.</p>\n<p>S&amp;P 500, Nasdaq end at fresh record highs</p>\n<p><a href=\"https://laohu8.com/S/PYPL\">PayPal</a> gains on report it is exploring a stock-trading platform</p>\n<p>Aug 30 (Reuters) - The S&amp;P 500 and Nasdaq ended Monday at fresh record highs as investors jumped into technology stocks, taking comfort from the Federal Reserve's dovish comments on tapering in monetary stimulus and what that might mean for the economic recovery.</p>\n<p>Apple Inc jumped to an all-time high, while Microsoft Corp , Amazon.com , Google-owner Alphabet Inc all rose, helping the tech-heavy Nasdaq outperform the S&amp;P 500 and the Dow.</p>\n<p>High-growth tech stocks tend to benefit from expectations of lower rates because their value rests heavily on future earnings.</p>\n<p>The benchmark index is tracking its longest monthly winning streak since 2018 on the promise of easy money, with investors shrugging off signs of a slowing economic recovery and surging COVID-19 cases.</p>\n<p>Fed Chair Jerome Powell said on Friday the central bank would continue to be cautious in its approach to tapering its massive pandemic-era stimulus, while reaffirming a steady economic recovery.</p>\n<p>\"It's now clear that there's going to still be an extraordinary amount of support for this economy, probably until November,\" said Ed Moya, senior market analyst for the Americas at OANDA.</p>\n<p>\"Some investors are thinking that tapering might not even start this year, but the <a href=\"https://laohu8.com/S/AONE.U\">one</a> thing that everyone can agree on is that Chair Powell has signaled they are in no rush to raise interest rates and he's disconnected tapering with rate-hike timing.\"</p>\n<p>The S&amp;P 500 has risen more than 3% so far in August - a seasonally weak period for stocks - and Wells Fargo analysts said last week they expect the index to rise another 8% by the end of the year.</p>\n<p>It is also on track to log one of its best year-to-date returns through August of the past six decades, said Chris Larkin, managing director of trading at E*Trade Financial.</p>\n<p>Unofficially, the Dow Jones Industrial Average fell 55.96 points, or 0.16%, to 35,399.84, the S&amp;P 500 gained 19.39 points, or 0.43%, to 4,528.76 and the Nasdaq Composite&nbsp;added 136.22 points, or 0.9%, to 15,265.72.</p>\n<p>While U.S. crude prices rose 0.7% on Monday, energy stocks&nbsp;broadly slipped as investors fretted about possible longer-term impacts to offshore oil production and damage to energy infrastructure from Hurricane Ida, which roared ashore on Sunday near Port Fourchon, Louisiana, a major hub for the U.S. offshore oil industry.</p>\n<p>Falling bond yields also pressured bank stocks, with the S&amp;P 500 banking index ending down.</p>\n<p>PayPal Holdings Inc advanced on a CNBC report that the financial services firm was exploring the development of a stocks trading platform for its U.S. customers. The news helped push Robinhood Markets Inc down.</p>\n<p>U.S.-listed shares of Chinese gaming firm NetEase Inc&nbsp;slumped as Chinese regulators slashed the amount of time players under the age of 18 can spend on online games to an hour on Fridays, weekends and holidays.</p>\n<p>(Reporting by Shashank Nayar in Bengaluru and David French in New York; Editing by Arun Koyyur and Lisa Shumaker)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2163833181","content_text":"S&P 500 tracks longest monthly winning streak since 2018.\nS&P 500, Nasdaq end at fresh record highs\nPayPal gains on report it is exploring a stock-trading platform\nAug 30 (Reuters) - The S&P 500 and Nasdaq ended Monday at fresh record highs as investors jumped into technology stocks, taking comfort from the Federal Reserve's dovish comments on tapering in monetary stimulus and what that might mean for the economic recovery.\nApple Inc jumped to an all-time high, while Microsoft Corp , Amazon.com , Google-owner Alphabet Inc all rose, helping the tech-heavy Nasdaq outperform the S&P 500 and the Dow.\nHigh-growth tech stocks tend to benefit from expectations of lower rates because their value rests heavily on future earnings.\nThe benchmark index is tracking its longest monthly winning streak since 2018 on the promise of easy money, with investors shrugging off signs of a slowing economic recovery and surging COVID-19 cases.\nFed Chair Jerome Powell said on Friday the central bank would continue to be cautious in its approach to tapering its massive pandemic-era stimulus, while reaffirming a steady economic recovery.\n\"It's now clear that there's going to still be an extraordinary amount of support for this economy, probably until November,\" said Ed Moya, senior market analyst for the Americas at OANDA.\n\"Some investors are thinking that tapering might not even start this year, but the one thing that everyone can agree on is that Chair Powell has signaled they are in no rush to raise interest rates and he's disconnected tapering with rate-hike timing.\"\nThe S&P 500 has risen more than 3% so far in August - a seasonally weak period for stocks - and Wells Fargo analysts said last week they expect the index to rise another 8% by the end of the year.\nIt is also on track to log one of its best year-to-date returns through August of the past six decades, said Chris Larkin, managing director of trading at E*Trade Financial.\nUnofficially, the Dow Jones Industrial Average fell 55.96 points, or 0.16%, to 35,399.84, the S&P 500 gained 19.39 points, or 0.43%, to 4,528.76 and the Nasdaq Composite added 136.22 points, or 0.9%, to 15,265.72.\nWhile U.S. crude prices rose 0.7% on Monday, energy stocks broadly slipped as investors fretted about possible longer-term impacts to offshore oil production and damage to energy infrastructure from Hurricane Ida, which roared ashore on Sunday near Port Fourchon, Louisiana, a major hub for the U.S. offshore oil industry.\nFalling bond yields also pressured bank stocks, with the S&P 500 banking index ending down.\nPayPal Holdings Inc advanced on a CNBC report that the financial services firm was exploring the development of a stocks trading platform for its U.S. customers. The news helped push Robinhood Markets Inc down.\nU.S.-listed shares of Chinese gaming firm NetEase Inc slumped as Chinese regulators slashed the amount of time players under the age of 18 can spend on online games to an hour on Fridays, weekends and holidays.\n(Reporting by Shashank Nayar in Bengaluru and David French in New York; Editing by Arun Koyyur and Lisa Shumaker)","news_type":1},"isVote":1,"tweetType":1,"viewCount":367,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9995247080,"gmtCreate":1661476198043,"gmtModify":1676536526545,"author":{"id":"3581485181983823","authorId":"3581485181983823","name":"Joel0712","avatar":"https://community-static.tradeup.com/news/d88d0d4b1d64806be714578e542b4f97","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581485181983823","authorIdStr":"3581485181983823"},"themes":[],"htmlText":"OK","listText":"OK","text":"OK","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9995247080","repostId":"2262535879","repostType":4,"repost":{"id":"2262535879","kind":"highlight","pubTimestamp":1661496654,"share":"https://ttm.financial/m/news/2262535879?lang=&edition=full_marsco","pubTime":"2022-08-26 14:50","market":"us","language":"en","title":"These 3 Dividend ETFs Are a Retiree's Best Friend","url":"https://stock-news.laohu8.com/highlight/detail?id=2262535879","media":"Motley Fool","summary":"Investors seeking good, reliable investment income may want to build a portfolio around a mix of these three easy-to-own funds.","content":"<html><head></head><body><p>Are you a retiree looking for more income? In most cases, you&#39;ll look to bonds or dividend-paying stocks to find it. Those aren&#39;t your only options, though. In fact, those arguably aren&#39;t even your best options.</p><p>You may find it&#39;s far easier to build a well-diversified, income-generating portfolio around a handful of dividend-oriented exchange-traded funds. Here&#39;s a trio of such ETFs to consider, with each one bringing something unique to the table.</p><h2>1. Vanguard Dividend Appreciation ETF</h2><p>Just as the name suggests, the <b>Vanguard Dividend Appreciation ETF</b> holds stocks of companies with a history of dividend growth. Namely, it&#39;s meant to mirror the <b>S&amp;P U.S. Dividend Growers Index</b>. It consists of the 290 highest-yielding names -- roughly 25% of the <b>S&amp;P 500 Broad Market Index</b>&#39;s holdings, provided those companies have raised their annual dividend payments for at least the past 10 consecutive years.</p><p>In other words, it holds stocks of companies that have proven their payout growth has staying power.</p><p>And the fund&#39;s own payouts from these dividends reflect this consistent growth. Last quarter&#39;s payment of $0.69 per share is markedly better than the payout of $0.52 per share for the same quarter five years earlier. Ten years ago, the mid-year quarterly dividend payment was only around $0.32 per share. The trade-off is the relatively low yield you get whenever you first step into a position. The current dividend yield is a modest 1.9%, and that&#39;s not out of line with its historical yields, even going back to 2008 when interest rates were wildly erratic.</p><p>It&#39;s worth it, though, even beyond the below-average yield. The price of the fund itself is 160% higher than it was 10 years ago, giving income investors a nice shot of capital appreciation as well.</p><h2>2. SPDR Portfolio S&amp;P 500 High Dividend ETF</h2><p>At the other end of the yield spectrum, you&#39;ll find the <b>SPDR Portfolio S&amp;P 500 High Dividend ETF</b>, currently dishing out a solid 3.8% of its value in the form of annual dividends.</p><p>As you might suspect, the SPDR Portfolio S&amp;P 500 High Dividend ETF aims to own high-yielding stocks. The fund specifically mirrors the <b>S&amp;P 500 High Dividend Index</b>, which is made up of the <b>S&amp;P 500</b>&#39;s 80 highest-yielding stocks. Since the index&#39;s highest-yielding tickers can change on a rather regular basis, the fund&#39;s constituents are updated a couple of times per year to reflect these changes.</p><p>Veteran investors know that high yields can be a trap. The payouts look generous, but there&#39;s often an underlying reason a stock&#39;s price is low enough to push its dividend yield to among the highest within an index&#39;s members. And certainly, this approach has allowed the occasional clunker to make its way into the portfolio&#39;s mix. When you&#39;ve got a total of 80 stocks in the mix, though, that occasional clunker&#39;s problems are more than overcome by the remaining stock&#39;s growth and strong dividend payments.</p><p>In this vein, the S&amp;P 500 High Dividend Index is up more than 21% in the past five years and higher to the tune of 95% in the past 10. That&#39;s in addition to the above-average dividends it&#39;s paid out during that time. That&#39;s not bad at all, even if its dividend growth is slower than that of the Vanguard Dividend Appreciation ETF.</p><h2>3. <a href=\"https://laohu8.com/S/EFFE\">Global X</a> NASDAQ 100 Covered Call ETF</h2><p>Lastly, add the <b>Global X NASDAQ 100 Covered Call ETF</b> to your list of dividend-paying ETF prospects you should consider if you&#39;re looking for additional retirement income.</p><p>For most investors, equity and index options (essentially, contractual bets that a stock or the market will move in a specified direction by a certain point in time) impose far too much risk relative to their prospective reward. They&#39;re also fickle instruments, not to mention complicated. Even covered calls can be more of a pain to try than they&#39;re worth despite sometimes being considered a riskless type of trade; the risk lies in the potential opportunity cost.</p><p>When left to the professionals who can give a full-time effort to the task, though, selling covered calls is an effective means of generating cash over and over again.</p><p>To this end, the Global X NASDAQ 100 Covered Call ETF&#39;s current trailing-12-month yield of 11.4% is neither a fluke nor a typo. The fund has actually dished out that sort of income monthly.</p><p>There&#39;s a catch of sorts. That is, when covered-call strategies are working, they&#39;re generally working well. When they&#39;re not working perfectly, though, they&#39;re generally not working at all. That&#39;s why retirees may not want to completely rely on income from QYLD. It&#39;s best held side by side with more reliable income investments like SPYD and VIG, to buffer any sudden disruptions in its payout. Prospective owners may also want to look elsewhere if at least some capital appreciation is required. A portfolio of stocks used to write covered calls on typically doesn&#39;t get much of a chance to grow, and QYLD hasn&#39;t been an exception to this norm.</p><p>If you&#39;re already generating enough reliable retirement income to live on, though -- and can stomach taking a relatively risky shot on driving markedly more (but likely erratic) income -- this one&#39;s got potential.</p></body></html>","source":"fool_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>These 3 Dividend ETFs Are a Retiree's Best Friend</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\">\nThese 3 Dividend ETFs Are a Retiree's Best Friend\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-26 14:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/08/25/these-3-dividend-etfs-are-a-retirees-best-friend/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Are you a retiree looking for more income? In most cases, you'll look to bonds or dividend-paying stocks to find it. Those aren't your only options, though. In fact, those arguably aren't even your ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/08/25/these-3-dividend-etfs-are-a-retirees-best-friend/\">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.fool.com/investing/2022/08/25/these-3-dividend-etfs-are-a-retirees-best-friend/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2262535879","content_text":"Are you a retiree looking for more income? In most cases, you'll look to bonds or dividend-paying stocks to find it. Those aren't your only options, though. In fact, those arguably aren't even your best options.You may find it's far easier to build a well-diversified, income-generating portfolio around a handful of dividend-oriented exchange-traded funds. Here's a trio of such ETFs to consider, with each one bringing something unique to the table.1. Vanguard Dividend Appreciation ETFJust as the name suggests, the Vanguard Dividend Appreciation ETF holds stocks of companies with a history of dividend growth. Namely, it's meant to mirror the S&P U.S. Dividend Growers Index. It consists of the 290 highest-yielding names -- roughly 25% of the S&P 500 Broad Market Index's holdings, provided those companies have raised their annual dividend payments for at least the past 10 consecutive years.In other words, it holds stocks of companies that have proven their payout growth has staying power.And the fund's own payouts from these dividends reflect this consistent growth. Last quarter's payment of $0.69 per share is markedly better than the payout of $0.52 per share for the same quarter five years earlier. Ten years ago, the mid-year quarterly dividend payment was only around $0.32 per share. The trade-off is the relatively low yield you get whenever you first step into a position. The current dividend yield is a modest 1.9%, and that's not out of line with its historical yields, even going back to 2008 when interest rates were wildly erratic.It's worth it, though, even beyond the below-average yield. The price of the fund itself is 160% higher than it was 10 years ago, giving income investors a nice shot of capital appreciation as well.2. SPDR Portfolio S&P 500 High Dividend ETFAt the other end of the yield spectrum, you'll find the SPDR Portfolio S&P 500 High Dividend ETF, currently dishing out a solid 3.8% of its value in the form of annual dividends.As you might suspect, the SPDR Portfolio S&P 500 High Dividend ETF aims to own high-yielding stocks. The fund specifically mirrors the S&P 500 High Dividend Index, which is made up of the S&P 500's 80 highest-yielding stocks. Since the index's highest-yielding tickers can change on a rather regular basis, the fund's constituents are updated a couple of times per year to reflect these changes.Veteran investors know that high yields can be a trap. The payouts look generous, but there's often an underlying reason a stock's price is low enough to push its dividend yield to among the highest within an index's members. And certainly, this approach has allowed the occasional clunker to make its way into the portfolio's mix. When you've got a total of 80 stocks in the mix, though, that occasional clunker's problems are more than overcome by the remaining stock's growth and strong dividend payments.In this vein, the S&P 500 High Dividend Index is up more than 21% in the past five years and higher to the tune of 95% in the past 10. That's in addition to the above-average dividends it's paid out during that time. That's not bad at all, even if its dividend growth is slower than that of the Vanguard Dividend Appreciation ETF.3. Global X NASDAQ 100 Covered Call ETFLastly, add the Global X NASDAQ 100 Covered Call ETF to your list of dividend-paying ETF prospects you should consider if you're looking for additional retirement income.For most investors, equity and index options (essentially, contractual bets that a stock or the market will move in a specified direction by a certain point in time) impose far too much risk relative to their prospective reward. They're also fickle instruments, not to mention complicated. Even covered calls can be more of a pain to try than they're worth despite sometimes being considered a riskless type of trade; the risk lies in the potential opportunity cost.When left to the professionals who can give a full-time effort to the task, though, selling covered calls is an effective means of generating cash over and over again.To this end, the Global X NASDAQ 100 Covered Call ETF's current trailing-12-month yield of 11.4% is neither a fluke nor a typo. The fund has actually dished out that sort of income monthly.There's a catch of sorts. That is, when covered-call strategies are working, they're generally working well. When they're not working perfectly, though, they're generally not working at all. That's why retirees may not want to completely rely on income from QYLD. It's best held side by side with more reliable income investments like SPYD and VIG, to buffer any sudden disruptions in its payout. Prospective owners may also want to look elsewhere if at least some capital appreciation is required. A portfolio of stocks used to write covered calls on typically doesn't get much of a chance to grow, and QYLD hasn't been an exception to this norm.If you're already generating enough reliable retirement income to live on, though -- and can stomach taking a relatively risky shot on driving markedly more (but likely erratic) income -- this one's got potential.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1248,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9991481037,"gmtCreate":1660870480930,"gmtModify":1676536414696,"author":{"id":"3581485181983823","authorId":"3581485181983823","name":"Joel0712","avatar":"https://community-static.tradeup.com/news/d88d0d4b1d64806be714578e542b4f97","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581485181983823","authorIdStr":"3581485181983823"},"themes":[],"htmlText":"OK","listText":"OK","text":"OK","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9991481037","repostId":"2260357839","repostType":4,"repost":{"id":"2260357839","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":1660866281,"share":"https://ttm.financial/m/news/2260357839?lang=&edition=full_marsco","pubTime":"2022-08-19 07:44","market":"us","language":"en","title":"Fed's Bullard Leans Toward Favoring 0.75-Percentage-Point September Rate Rise","url":"https://stock-news.laohu8.com/highlight/detail?id=2260357839","media":"Dow Jones","summary":"Federal Reserve Bank of St. Louis President James Bullard said Thursday he is considering support fo","content":"<html><head></head><body><p>Federal Reserve Bank of St. Louis President James Bullard said Thursday he is considering support for another large rate rise at the central bank&#39;s policy meeting next month and added he isn&#39;t ready to say the economy has seen the worst of the inflation surge.</p><p>&#34;We should continue to move expeditiously to a level of the policy rate that will put significant downward pressure on inflation&#34; and &#34;I don&#39;t really see why you want to drag out interest rate increases into next year,&#34; Mr. Bullard said in a Wall Street Journal interview.</p><p>When it comes to the Fed&#39;s next move on interest rates, Mr. Bullard said of next month&#39;s Federal Open Market Committee meeting that &#34;I would lean toward the 75 basis points at this point. Again, I think we&#39;ve got relatively good reads on the economy, and we&#39;ve got very high inflation, so I think it would make sense to continue to get the policy rate higher and into restrictive territory.&#34;</p><p>Mr. Bullard is a voting member of the FOMC this year. Since March, the Fed has embarked on an increasingly aggressive path of rate rises to lower inflation from levels that are at 40-year highs. After lifting rates from near-zero levels in March, the central bank shifted to 0.75-percentage-point rate increases at its June and July meetings, and now has its overnight target rate in a range of 2.25% to 2.5%.</p><p>The FOMC next meets Sept. 20-21. Recent data hinting at a possible waning in inflation pressures, as well as comments by some central bankers, have generated a debate among market participants as to whether the central bank can slow the pace of rate rise into the end of the year.</p><p>Mr. Bullard said he isn&#39;t ready to say inflation has peaked and it remains important for the Fed to get its target rate to a range of 3.75% to 4% by year-end, before the central bank can consider what it will need to do next year. He also said that he sees about an 18-month process of getting price pressures back to the Fed&#39;s 2% target, and predicted that path will likely be uneven, while adding, &#34;We&#39;ve got a long way to go to get inflation under control.&#34;</p><p>&#34;The idea that inflation has peaked is, is a hope, but it&#39;s not statistically really in the data at this point,&#34; Mr. Bullard said. &#34;I&#39;m hopeful&#34; the worst of the inflation surge has passed, he said, though he added he expects high inflation &#34;to prove more persistent than what many parts of Wall Street think.&#34;</p><p>What&#39;s more, Mr. Bullard said he believes growth in the second half will be stronger than the apparent weakness seen over the first six months of the year, and he believes the job market will stay robust as well.</p><p>&#34;There&#39;s just a lot to like about the labor market&#34; and it&#39;s possible unemployment may tick down a touch further from the 3.5% reading seen in the July data, he said. Mr. Bullard said unemployment could even rise and still herald a robust labor sector, because an unemployment rate that has a neutral impact on price pressures is likely in the 4% range.</p><p>Mr. Bullard said that market speculation over rate cuts is &#34;definitely premature&#34; and that fears the economy may fall into a downturn are overblown.</p><p>The veteran central banker played down indications that financial-market conditions have been easing even as the central bank presses forward with rate increases. Tighter monetary policy is supposed to increase restraint in the economy in large part through its impact on asset prices, so an easing there in theory could force the Fed to be even more aggressive with future changes in the federal-funds rate.</p><p>Mr. Bullard said it&#39;s possible stock prices are giving a false impression of the state of asset prices.</p><p>&#34;One thing about financial conditions that I&#39;m steadfast about is, I don&#39;t like financial conditions indexes that put too much weight on equity pricing. Equity prices, you know, can be far from fundamentals for certain stocks,&#34; and company shares aren&#39;t a big driver of how the Fed thinks about future monetary policy choices, he said.</p><p>In a separate appearance Thursday, Minneapolis Fed leader Neel Kashkari said an economic downturn is one risk of the Fed&#39;s current policy path.</p><p>&#34;I don&#39;t think we&#39;re in a recession right now,&#34; he said. &#34;But as we continue to raise rates, as we continue to raise costs, so to speak, of borrowing across the economy, it should be putting, tapping the brakes on the U.S. economy, and that makes it more likely that we would end up in a recession.&#34;</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>Fed's Bullard Leans Toward Favoring 0.75-Percentage-Point September Rate Rise</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's Bullard Leans Toward Favoring 0.75-Percentage-Point September Rate Rise\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\">2022-08-19 07:44</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Federal Reserve Bank of St. Louis President James Bullard said Thursday he is considering support for another large rate rise at the central bank&#39;s policy meeting next month and added he isn&#39;t ready to say the economy has seen the worst of the inflation surge.</p><p>&#34;We should continue to move expeditiously to a level of the policy rate that will put significant downward pressure on inflation&#34; and &#34;I don&#39;t really see why you want to drag out interest rate increases into next year,&#34; Mr. Bullard said in a Wall Street Journal interview.</p><p>When it comes to the Fed&#39;s next move on interest rates, Mr. Bullard said of next month&#39;s Federal Open Market Committee meeting that &#34;I would lean toward the 75 basis points at this point. Again, I think we&#39;ve got relatively good reads on the economy, and we&#39;ve got very high inflation, so I think it would make sense to continue to get the policy rate higher and into restrictive territory.&#34;</p><p>Mr. Bullard is a voting member of the FOMC this year. Since March, the Fed has embarked on an increasingly aggressive path of rate rises to lower inflation from levels that are at 40-year highs. After lifting rates from near-zero levels in March, the central bank shifted to 0.75-percentage-point rate increases at its June and July meetings, and now has its overnight target rate in a range of 2.25% to 2.5%.</p><p>The FOMC next meets Sept. 20-21. Recent data hinting at a possible waning in inflation pressures, as well as comments by some central bankers, have generated a debate among market participants as to whether the central bank can slow the pace of rate rise into the end of the year.</p><p>Mr. Bullard said he isn&#39;t ready to say inflation has peaked and it remains important for the Fed to get its target rate to a range of 3.75% to 4% by year-end, before the central bank can consider what it will need to do next year. He also said that he sees about an 18-month process of getting price pressures back to the Fed&#39;s 2% target, and predicted that path will likely be uneven, while adding, &#34;We&#39;ve got a long way to go to get inflation under control.&#34;</p><p>&#34;The idea that inflation has peaked is, is a hope, but it&#39;s not statistically really in the data at this point,&#34; Mr. Bullard said. &#34;I&#39;m hopeful&#34; the worst of the inflation surge has passed, he said, though he added he expects high inflation &#34;to prove more persistent than what many parts of Wall Street think.&#34;</p><p>What&#39;s more, Mr. Bullard said he believes growth in the second half will be stronger than the apparent weakness seen over the first six months of the year, and he believes the job market will stay robust as well.</p><p>&#34;There&#39;s just a lot to like about the labor market&#34; and it&#39;s possible unemployment may tick down a touch further from the 3.5% reading seen in the July data, he said. Mr. Bullard said unemployment could even rise and still herald a robust labor sector, because an unemployment rate that has a neutral impact on price pressures is likely in the 4% range.</p><p>Mr. Bullard said that market speculation over rate cuts is &#34;definitely premature&#34; and that fears the economy may fall into a downturn are overblown.</p><p>The veteran central banker played down indications that financial-market conditions have been easing even as the central bank presses forward with rate increases. Tighter monetary policy is supposed to increase restraint in the economy in large part through its impact on asset prices, so an easing there in theory could force the Fed to be even more aggressive with future changes in the federal-funds rate.</p><p>Mr. Bullard said it&#39;s possible stock prices are giving a false impression of the state of asset prices.</p><p>&#34;One thing about financial conditions that I&#39;m steadfast about is, I don&#39;t like financial conditions indexes that put too much weight on equity pricing. Equity prices, you know, can be far from fundamentals for certain stocks,&#34; and company shares aren&#39;t a big driver of how the Fed thinks about future monetary policy choices, he said.</p><p>In a separate appearance Thursday, Minneapolis Fed leader Neel Kashkari said an economic downturn is one risk of the Fed&#39;s current policy path.</p><p>&#34;I don&#39;t think we&#39;re in a recession right now,&#34; he said. &#34;But as we continue to raise rates, as we continue to raise costs, so to speak, of borrowing across the economy, it should be putting, tapping the brakes on the U.S. economy, and that makes it more likely that we would end up in a recession.&#34;</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2260357839","content_text":"Federal Reserve Bank of St. Louis President James Bullard said Thursday he is considering support for another large rate rise at the central bank's policy meeting next month and added he isn't ready to say the economy has seen the worst of the inflation surge.\"We should continue to move expeditiously to a level of the policy rate that will put significant downward pressure on inflation\" and \"I don't really see why you want to drag out interest rate increases into next year,\" Mr. Bullard said in a Wall Street Journal interview.When it comes to the Fed's next move on interest rates, Mr. Bullard said of next month's Federal Open Market Committee meeting that \"I would lean toward the 75 basis points at this point. Again, I think we've got relatively good reads on the economy, and we've got very high inflation, so I think it would make sense to continue to get the policy rate higher and into restrictive territory.\"Mr. Bullard is a voting member of the FOMC this year. Since March, the Fed has embarked on an increasingly aggressive path of rate rises to lower inflation from levels that are at 40-year highs. After lifting rates from near-zero levels in March, the central bank shifted to 0.75-percentage-point rate increases at its June and July meetings, and now has its overnight target rate in a range of 2.25% to 2.5%.The FOMC next meets Sept. 20-21. Recent data hinting at a possible waning in inflation pressures, as well as comments by some central bankers, have generated a debate among market participants as to whether the central bank can slow the pace of rate rise into the end of the year.Mr. Bullard said he isn't ready to say inflation has peaked and it remains important for the Fed to get its target rate to a range of 3.75% to 4% by year-end, before the central bank can consider what it will need to do next year. He also said that he sees about an 18-month process of getting price pressures back to the Fed's 2% target, and predicted that path will likely be uneven, while adding, \"We've got a long way to go to get inflation under control.\"\"The idea that inflation has peaked is, is a hope, but it's not statistically really in the data at this point,\" Mr. Bullard said. \"I'm hopeful\" the worst of the inflation surge has passed, he said, though he added he expects high inflation \"to prove more persistent than what many parts of Wall Street think.\"What's more, Mr. Bullard said he believes growth in the second half will be stronger than the apparent weakness seen over the first six months of the year, and he believes the job market will stay robust as well.\"There's just a lot to like about the labor market\" and it's possible unemployment may tick down a touch further from the 3.5% reading seen in the July data, he said. Mr. Bullard said unemployment could even rise and still herald a robust labor sector, because an unemployment rate that has a neutral impact on price pressures is likely in the 4% range.Mr. Bullard said that market speculation over rate cuts is \"definitely premature\" and that fears the economy may fall into a downturn are overblown.The veteran central banker played down indications that financial-market conditions have been easing even as the central bank presses forward with rate increases. Tighter monetary policy is supposed to increase restraint in the economy in large part through its impact on asset prices, so an easing there in theory could force the Fed to be even more aggressive with future changes in the federal-funds rate.Mr. Bullard said it's possible stock prices are giving a false impression of the state of asset prices.\"One thing about financial conditions that I'm steadfast about is, I don't like financial conditions indexes that put too much weight on equity pricing. Equity prices, you know, can be far from fundamentals for certain stocks,\" and company shares aren't a big driver of how the Fed thinks about future monetary policy choices, he said.In a separate appearance Thursday, Minneapolis Fed leader Neel Kashkari said an economic downturn is one risk of the Fed's current policy path.\"I don't think we're in a recession right now,\" he said. \"But as we continue to raise rates, as we continue to raise costs, so to speak, of borrowing across the economy, it should be putting, tapping the brakes on the U.S. economy, and that makes it more likely that we would end up in a recession.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":446,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9043826394,"gmtCreate":1655907273318,"gmtModify":1676535729578,"author":{"id":"3581485181983823","authorId":"3581485181983823","name":"Joel0712","avatar":"https://community-static.tradeup.com/news/d88d0d4b1d64806be714578e542b4f97","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581485181983823","authorIdStr":"3581485181983823"},"themes":[],"htmlText":"OK","listText":"OK","text":"OK","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9043826394","repostId":"1176670088","repostType":4,"repost":{"id":"1176670088","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":1655898997,"share":"https://ttm.financial/m/news/1176670088?lang=&edition=full_marsco","pubTime":"2022-06-22 19:56","market":"us","language":"en","title":"Pre-Bell｜Big Tech Stocks Slide; One Company Shares Soar 30%","url":"https://stock-news.laohu8.com/highlight/detail?id=1176670088","media":"Tiger Newspress","summary":"Wall Street futures fell on Wednesday after a broad-based rally in the previous session, with invest","content":"<html><head></head><body><p>Wall Street futures fell on Wednesday after a broad-based rally in the previous session, with investor focus squarely on Federal Reserve Chair Jerome Powell&#39;s congressional testimony to gauge the pace of future interest rate hikes.</p><p>U.S. stock indexes have been whipsawed in recent sessions as investors debate whether the market has hit a bottom in the wake of a sharp selloff on concerns that aggressive policy moves by central banks could trigger a global economic slowdown.</p><p>Megacap technology and growth stocks Apple, Microsoft, Alphabet, Amazon, Meta Platforms, Netflix, Tesla and Nvidia fell between 1% and 2.3% in premarket trading.</p><p>Oil prices skid more than 4% as U.S. President Joe Biden pushed to cut taxes on fuel to reduce costs for drivers amid aggravated relations between the White House and the U.S. oil industry.</p><p><b>Market Snapshot</b></p><p>At 07:50 a.m. ET, Dow e-minis were down 361 points, or 1.18%, S&amp;P 500 e-minis were down 51 points, or 1.35%, and Nasdaq 100 e-minis were down 173.25 points, or 1.5%.</p><p><img src=\"https://static.tigerbbs.com/a7cd07615cb00231b455cd5917553014\" tg-width=\"385\" tg-height=\"187\" referrerpolicy=\"no-referrer\"/></p><p><b>Pre-Market Movers</b></p><p><b>Winnebago (WGO)</b> – The recreational vehicle maker saw its stock jump 3.9% after it beat top and bottom-line estimates for its latest quarter. Winnebago earned an adjusted $4.13 per share, compared with a consensus estimate of $2.96, helped by higher prices and a jump in its gross profit margins.</p><p><b>La-Z-Boy (LZB)</b> – La-Z-Boy rallied 9.3% in premarket trading after posting better-than-expected quarterly results that included record sales for the furniture maker. The company also said it is focusing efforts to reduce its backlog and shorten lead times.</p><p><b>Revlon (REV)</b> – Revlon shares surged 30% in premarket trading, continuing a rally that began after the cosmetics maker filed for Chapter 11 bankruptcy protection last week. Revlon soared 91% Friday and jumped another 62% yesterday.</p><p><b>Korn Ferry (KFY)</b> – The consulting firm reported an adjusted quarterly profit of $1.75 per share, beating consensus estimates by 20 cents, with revenue also topping Wall Street forecasts. Results were boosted by a 30% jump in fee revenue compared with a year earlier. Korn Ferry also announced a 25% dividend increase, and its stock rallied 3.1% in premarket trading.</p><p><b>Airbnb (ABNB)</b> – Airbnb fell 3% in the premarket after JMP Securities downgraded it to “market perform” from “market outperform,” saying that the post-pandemic jump in travel demand is already reflected in Airbnb’s valuation.</p><p><b>Dow Inc.</b> <b>(DOW)</b> – The chemical maker’s shares fell 4.4% in premarket action after Credit Suisse downgraded the stock to “underperform” from “neutral.” Credit Suisse said several pandemic-related factors that boosted Dow and its peers could be in the process of reversing.</p><p><b>PulteGroup (PHM)</b> – PulteGroup slid 2.3% in premarket trading after RBC Capital Markets downgraded the home builder’s stock to “sector perform” from “outperform.” RBC also cut earnings estimates on the expectation that the housing market will further deteriorate as mortgage rates continue to rise.</p><p><b>Equity Residential</b> <b>(EQR)</b> – Equity Residential was upgraded to “outperform” from “sector perform” at RBC Capital Markets. RBC feels the residential property REIT will benefit from its focus on affluent renters.</p><p><b>New Relic (NEWR)</b> – The data analysis platform company’s stock jumped 1.4% in the premarket after Jana Partners disclosed a 5.4% stake. In an SEC filing, Jana said it believes the stock is undervalued and represents an attractive investment opportunity.</p><p><b>Market News</b></p><p><b>Biden Will Ask Congress on Wednesday to Pause Gas Tax Amid Record Pump Prices</b></p><p>U.S. President Joe Biden on Wednesday will call on Congress to pass a three-month suspension of the federal gasoline tax to help combat record pump prices, according to a senior administration official.</p><p><b>The Fed’s Powell Goes to Capitol Hill Today</b></p><p>Powell will deliver the central bank’s semiannual monetary-policy report to the Senate Banking Committee on Wednesday, one week after the Fed initiated the biggest interest-rate increase in about three decades. Expect legislators to focus on the trajectory of inflation and the odds of a recession, and demand more clarity on the Fed’s long-range projections.</p><p><b>IEA Chief Warns Europe to Prepare for Total Shutdown of Russian Gas Exports</b></p><p>International Energy Agency (IEA) chief Fatih Birol issued a warning to Europe, urging governments to remain prepared over a total shutdown of Russian gas exports this winter, the Financial Times (FT) reports.</p><p><b>Deutsche Bank CEO, Citi See 50% Recession Chance as Rates Rise</b></p><p>“At least I would say we have 50% likelihood of a recession globally,” the Deutsche Bank CEO said in an interview. In the US and Europe, “the likelihood of a recession coming in the second half of 2023, while at the same time the interest rates go up, is obviously up versus the forecasts we had before the war broke out” in Ukraine. His comments came on the same day that analysts at Citigroup Inc. made a similar prediction, citing supply shocks and higher interest rates.</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>Pre-Bell｜Big Tech Stocks Slide; One Company Shares Soar 30%</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\">\nPre-Bell｜Big Tech Stocks Slide; One Company Shares Soar 30%\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\">2022-06-22 19:56</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Wall Street futures fell on Wednesday after a broad-based rally in the previous session, with investor focus squarely on Federal Reserve Chair Jerome Powell&#39;s congressional testimony to gauge the pace of future interest rate hikes.</p><p>U.S. stock indexes have been whipsawed in recent sessions as investors debate whether the market has hit a bottom in the wake of a sharp selloff on concerns that aggressive policy moves by central banks could trigger a global economic slowdown.</p><p>Megacap technology and growth stocks Apple, Microsoft, Alphabet, Amazon, Meta Platforms, Netflix, Tesla and Nvidia fell between 1% and 2.3% in premarket trading.</p><p>Oil prices skid more than 4% as U.S. President Joe Biden pushed to cut taxes on fuel to reduce costs for drivers amid aggravated relations between the White House and the U.S. oil industry.</p><p><b>Market Snapshot</b></p><p>At 07:50 a.m. ET, Dow e-minis were down 361 points, or 1.18%, S&amp;P 500 e-minis were down 51 points, or 1.35%, and Nasdaq 100 e-minis were down 173.25 points, or 1.5%.</p><p><img src=\"https://static.tigerbbs.com/a7cd07615cb00231b455cd5917553014\" tg-width=\"385\" tg-height=\"187\" referrerpolicy=\"no-referrer\"/></p><p><b>Pre-Market Movers</b></p><p><b>Winnebago (WGO)</b> – The recreational vehicle maker saw its stock jump 3.9% after it beat top and bottom-line estimates for its latest quarter. Winnebago earned an adjusted $4.13 per share, compared with a consensus estimate of $2.96, helped by higher prices and a jump in its gross profit margins.</p><p><b>La-Z-Boy (LZB)</b> – La-Z-Boy rallied 9.3% in premarket trading after posting better-than-expected quarterly results that included record sales for the furniture maker. The company also said it is focusing efforts to reduce its backlog and shorten lead times.</p><p><b>Revlon (REV)</b> – Revlon shares surged 30% in premarket trading, continuing a rally that began after the cosmetics maker filed for Chapter 11 bankruptcy protection last week. Revlon soared 91% Friday and jumped another 62% yesterday.</p><p><b>Korn Ferry (KFY)</b> – The consulting firm reported an adjusted quarterly profit of $1.75 per share, beating consensus estimates by 20 cents, with revenue also topping Wall Street forecasts. Results were boosted by a 30% jump in fee revenue compared with a year earlier. Korn Ferry also announced a 25% dividend increase, and its stock rallied 3.1% in premarket trading.</p><p><b>Airbnb (ABNB)</b> – Airbnb fell 3% in the premarket after JMP Securities downgraded it to “market perform” from “market outperform,” saying that the post-pandemic jump in travel demand is already reflected in Airbnb’s valuation.</p><p><b>Dow Inc.</b> <b>(DOW)</b> – The chemical maker’s shares fell 4.4% in premarket action after Credit Suisse downgraded the stock to “underperform” from “neutral.” Credit Suisse said several pandemic-related factors that boosted Dow and its peers could be in the process of reversing.</p><p><b>PulteGroup (PHM)</b> – PulteGroup slid 2.3% in premarket trading after RBC Capital Markets downgraded the home builder’s stock to “sector perform” from “outperform.” RBC also cut earnings estimates on the expectation that the housing market will further deteriorate as mortgage rates continue to rise.</p><p><b>Equity Residential</b> <b>(EQR)</b> – Equity Residential was upgraded to “outperform” from “sector perform” at RBC Capital Markets. RBC feels the residential property REIT will benefit from its focus on affluent renters.</p><p><b>New Relic (NEWR)</b> – The data analysis platform company’s stock jumped 1.4% in the premarket after Jana Partners disclosed a 5.4% stake. In an SEC filing, Jana said it believes the stock is undervalued and represents an attractive investment opportunity.</p><p><b>Market News</b></p><p><b>Biden Will Ask Congress on Wednesday to Pause Gas Tax Amid Record Pump Prices</b></p><p>U.S. President Joe Biden on Wednesday will call on Congress to pass a three-month suspension of the federal gasoline tax to help combat record pump prices, according to a senior administration official.</p><p><b>The Fed’s Powell Goes to Capitol Hill Today</b></p><p>Powell will deliver the central bank’s semiannual monetary-policy report to the Senate Banking Committee on Wednesday, one week after the Fed initiated the biggest interest-rate increase in about three decades. Expect legislators to focus on the trajectory of inflation and the odds of a recession, and demand more clarity on the Fed’s long-range projections.</p><p><b>IEA Chief Warns Europe to Prepare for Total Shutdown of Russian Gas Exports</b></p><p>International Energy Agency (IEA) chief Fatih Birol issued a warning to Europe, urging governments to remain prepared over a total shutdown of Russian gas exports this winter, the Financial Times (FT) reports.</p><p><b>Deutsche Bank CEO, Citi See 50% Recession Chance as Rates Rise</b></p><p>“At least I would say we have 50% likelihood of a recession globally,” the Deutsche Bank CEO said in an interview. In the US and Europe, “the likelihood of a recession coming in the second half of 2023, while at the same time the interest rates go up, is obviously up versus the forecasts we had before the war broke out” in Ukraine. His comments came on the same day that analysts at Citigroup Inc. made a similar prediction, citing supply shocks and higher interest rates.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ABNB":"爱彼迎","EQR":"资产住宅公司","PHM":"普得集团","GOOGL":"谷歌A","TSLA":"特斯拉","DOW":"陶氏化学","KFY":"光辉国际咨询顾问","NFLX":"奈飞","LZB":"La-Z-Boy家具","META":"Meta Platforms, Inc.","NVDA":"英伟达","AMZN":"亚马逊","NEWR":"New Relic","AAPL":"苹果",".DJI":"道琼斯","WGO":"温尼巴格实业",".IXIC":"NASDAQ Composite","MSFT":"微软",".SPX":"S&P 500 Index"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176670088","content_text":"Wall Street futures fell on Wednesday after a broad-based rally in the previous session, with investor focus squarely on Federal Reserve Chair Jerome Powell's congressional testimony to gauge the pace of future interest rate hikes.U.S. stock indexes have been whipsawed in recent sessions as investors debate whether the market has hit a bottom in the wake of a sharp selloff on concerns that aggressive policy moves by central banks could trigger a global economic slowdown.Megacap technology and growth stocks Apple, Microsoft, Alphabet, Amazon, Meta Platforms, Netflix, Tesla and Nvidia fell between 1% and 2.3% in premarket trading.Oil prices skid more than 4% as U.S. President Joe Biden pushed to cut taxes on fuel to reduce costs for drivers amid aggravated relations between the White House and the U.S. oil industry.Market SnapshotAt 07:50 a.m. ET, Dow e-minis were down 361 points, or 1.18%, S&P 500 e-minis were down 51 points, or 1.35%, and Nasdaq 100 e-minis were down 173.25 points, or 1.5%.Pre-Market MoversWinnebago (WGO) – The recreational vehicle maker saw its stock jump 3.9% after it beat top and bottom-line estimates for its latest quarter. Winnebago earned an adjusted $4.13 per share, compared with a consensus estimate of $2.96, helped by higher prices and a jump in its gross profit margins.La-Z-Boy (LZB) – La-Z-Boy rallied 9.3% in premarket trading after posting better-than-expected quarterly results that included record sales for the furniture maker. The company also said it is focusing efforts to reduce its backlog and shorten lead times.Revlon (REV) – Revlon shares surged 30% in premarket trading, continuing a rally that began after the cosmetics maker filed for Chapter 11 bankruptcy protection last week. Revlon soared 91% Friday and jumped another 62% yesterday.Korn Ferry (KFY) – The consulting firm reported an adjusted quarterly profit of $1.75 per share, beating consensus estimates by 20 cents, with revenue also topping Wall Street forecasts. Results were boosted by a 30% jump in fee revenue compared with a year earlier. Korn Ferry also announced a 25% dividend increase, and its stock rallied 3.1% in premarket trading.Airbnb (ABNB) – Airbnb fell 3% in the premarket after JMP Securities downgraded it to “market perform” from “market outperform,” saying that the post-pandemic jump in travel demand is already reflected in Airbnb’s valuation.Dow Inc. (DOW) – The chemical maker’s shares fell 4.4% in premarket action after Credit Suisse downgraded the stock to “underperform” from “neutral.” Credit Suisse said several pandemic-related factors that boosted Dow and its peers could be in the process of reversing.PulteGroup (PHM) – PulteGroup slid 2.3% in premarket trading after RBC Capital Markets downgraded the home builder’s stock to “sector perform” from “outperform.” RBC also cut earnings estimates on the expectation that the housing market will further deteriorate as mortgage rates continue to rise.Equity Residential (EQR) – Equity Residential was upgraded to “outperform” from “sector perform” at RBC Capital Markets. RBC feels the residential property REIT will benefit from its focus on affluent renters.New Relic (NEWR) – The data analysis platform company’s stock jumped 1.4% in the premarket after Jana Partners disclosed a 5.4% stake. In an SEC filing, Jana said it believes the stock is undervalued and represents an attractive investment opportunity.Market NewsBiden Will Ask Congress on Wednesday to Pause Gas Tax Amid Record Pump PricesU.S. President Joe Biden on Wednesday will call on Congress to pass a three-month suspension of the federal gasoline tax to help combat record pump prices, according to a senior administration official.The Fed’s Powell Goes to Capitol Hill TodayPowell will deliver the central bank’s semiannual monetary-policy report to the Senate Banking Committee on Wednesday, one week after the Fed initiated the biggest interest-rate increase in about three decades. Expect legislators to focus on the trajectory of inflation and the odds of a recession, and demand more clarity on the Fed’s long-range projections.IEA Chief Warns Europe to Prepare for Total Shutdown of Russian Gas ExportsInternational Energy Agency (IEA) chief Fatih Birol issued a warning to Europe, urging governments to remain prepared over a total shutdown of Russian gas exports this winter, the Financial Times (FT) reports.Deutsche Bank CEO, Citi See 50% Recession Chance as Rates Rise“At least I would say we have 50% likelihood of a recession globally,” the Deutsche Bank CEO said in an interview. In the US and Europe, “the likelihood of a recession coming in the second half of 2023, while at the same time the interest rates go up, is obviously up versus the forecasts we had before the war broke out” in Ukraine. His comments came on the same day that analysts at Citigroup Inc. made a similar prediction, citing supply shocks and higher interest rates.","news_type":1},"isVote":1,"tweetType":1,"viewCount":587,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4113904591642392","authorId":"4113904591642392","name":"LMSunshine","avatar":"https://community-static.tradeup.com/news/0ad636f2490d8428fcee9da6d669e46c","crmLevel":1,"crmLevelSwitch":0,"idStr":"4113904591642392","authorIdStr":"4113904591642392"},"content":"Thanks for leaving a comment in my post, appreciate it loads 🤗 Do check out other posts on my homepage & please help to like, many thanks 🤓","text":"Thanks for leaving a comment in my post, appreciate it loads 🤗 Do check out other posts on my homepage & please help to like, many thanks 🤓","html":"Thanks for leaving a comment in my post, appreciate it loads 🤗 Do check out other posts on my homepage & please help to like, many thanks 🤓"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9049134206,"gmtCreate":1655768848705,"gmtModify":1676535699441,"author":{"id":"3581485181983823","authorId":"3581485181983823","name":"Joel0712","avatar":"https://community-static.tradeup.com/news/d88d0d4b1d64806be714578e542b4f97","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581485181983823","authorIdStr":"3581485181983823"},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9049134206","repostId":"1179120657","repostType":4,"repost":{"id":"1179120657","kind":"news","pubTimestamp":1655768616,"share":"https://ttm.financial/m/news/1179120657?lang=&edition=full_marsco","pubTime":"2022-06-21 07:43","market":"us","language":"en","title":"Netflix Halts Production of TV Series After Two Actors Are Killed in Auto Accident in Mexico","url":"https://stock-news.laohu8.com/highlight/detail?id=1179120657","media":"Seeking Alpha","summary":"Netflix (NASDAQ:NFLX) has halted production of its upcoming series \"The Chosen One after two of the ","content":"<html><head></head><body><ul><li>Netflix (NASDAQ:NFLX) has halted production of its upcoming series &#34;<i>The Chosen One</i> after two of the show&#39;s actors died in what the company called a &#34;tragic accident&#34; while working on the series in Mexico.</li><li>Raymundo Garduno Cruz and Juan Francisco Gonzalez Aguilar died after a van they were riding to an airport in Santa Rosalia-Loreto crashed and flipped over on June 16. Four other people were injured in the crash. Deadline cited a statement from Netflix (NFLX) in which the company said it was &#34;deeply saddened&#34; by the actors&#39; deaths.</li><li>According to Deadline, Netflix (NFLX) said has temporarily shut down production on <i>The Chosen One</i> while an investigation into the fatal accident is conducted. </li><li>The series, based on a set of comic books by Mark Millar and Peter Gross, centers around a 12-year-old body who discovers that he is the returned Jesus Christ is and charged with saving humanity.</li><li>Last week, Netflix (NFLX) shares got a boost after Cowen analyst John Blackledge gave a positive assessment of the company&#39;s ability to benefit from adding an advertising-supported subscription option.</li></ul><p></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>Netflix Halts Production of TV Series After Two Actors Are Killed in Auto Accident in Mexico</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\">\nNetflix Halts Production of TV Series After Two Actors Are Killed in Auto Accident in Mexico\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-21 07:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3849883-netflix-halts-production-of-tv-series-after-two-actors-are-killed-in-auto-accident-in-mexico><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Netflix (NASDAQ:NFLX) has halted production of its upcoming series \"The Chosen One after two of the show's actors died in what the company called a \"tragic accident\" while working on the series in ...</p>\n\n<a href=\"https://seekingalpha.com/news/3849883-netflix-halts-production-of-tv-series-after-two-actors-are-killed-in-auto-accident-in-mexico\">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://seekingalpha.com/news/3849883-netflix-halts-production-of-tv-series-after-two-actors-are-killed-in-auto-accident-in-mexico","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1179120657","content_text":"Netflix (NASDAQ:NFLX) has halted production of its upcoming series \"The Chosen One after two of the show's actors died in what the company called a \"tragic accident\" while working on the series in Mexico.Raymundo Garduno Cruz and Juan Francisco Gonzalez Aguilar died after a van they were riding to an airport in Santa Rosalia-Loreto crashed and flipped over on June 16. Four other people were injured in the crash. Deadline cited a statement from Netflix (NFLX) in which the company said it was \"deeply saddened\" by the actors' deaths.According to Deadline, Netflix (NFLX) said has temporarily shut down production on The Chosen One while an investigation into the fatal accident is conducted. The series, based on a set of comic books by Mark Millar and Peter Gross, centers around a 12-year-old body who discovers that he is the returned Jesus Christ is and charged with saving humanity.Last week, Netflix (NFLX) shares got a boost after Cowen analyst John Blackledge gave a positive assessment of the company's ability to benefit from adding an advertising-supported subscription option.","news_type":1},"isVote":1,"tweetType":1,"viewCount":367,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9096356418,"gmtCreate":1644314398241,"gmtModify":1676533911426,"author":{"id":"3581485181983823","authorId":"3581485181983823","name":"Joel0712","avatar":"https://community-static.tradeup.com/news/d88d0d4b1d64806be714578e542b4f97","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581485181983823","authorIdStr":"3581485181983823"},"themes":[],"htmlText":"OK","listText":"OK","text":"OK","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9096356418","repostId":"2209930091","repostType":2,"repost":{"id":"2209930091","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":1644313810,"share":"https://ttm.financial/m/news/2209930091?lang=&edition=full_marsco","pubTime":"2022-02-08 17:50","market":"us","language":"en","title":"5 Stocks To Watch For February 8, 2022","url":"https://stock-news.laohu8.com/highlight/detail?id=2209930091","media":"Benzinga","summary":"Some of the stocks that may grab investor focus today are:\n\tWall Street expects  Pfizer Inc.  (NYSE: PFE) to report quarterly earnings at $0.87 per share on revenue of $24.20 billion before the opening bell. Pfizer shares rose 1.7% to $54.10 in after-hours trading.\n","content":"<html><head></head><body><p>Some of the stocks that may grab investor focus today are:</p><ul><li>Wall Street expects <b> Pfizer Inc. </b> (NYSE:PFE) to report quarterly earnings at $0.87 per share on revenue of $24.20 billion before the opening bell. Pfizer shares rose 1.7% to $54.10 in after-hours trading.</li><li><b><a href=\"https://laohu8.com/S/TTWO\">Take-Two Interactive Software</a>, Inc. </b> (NASDAQ:TTWO) reported upbeat earnings for its third quarter, while sales missed views. The company also raised its FY22 net bookings guidance. Take-<a href=\"https://laohu8.com/S/TWOA.U\">Two</a> shares dropped 2% to $171.54 in the after-hours trading session.</li><li>Analysts are expecting <b> Centene Corporation </b> (NYSE:CNC) to have earned $0.99 per share on revenue of $32.50 billion for the latest quarter. The company will release earnings before the markets open. Centene shares gained 0.3% to close at $80.79 on Monday.</li></ul><ul><li><b>AECOM</b> (NYSE:ACM) reported upbeat earnings for its first quarter and raised its FY22 earnings guidance. AECOM shares gained 0.9% to $70.00 in the after-hours trading session.</li><li>Analysts expect <b> Chipotle Mexican Grill, Inc. </b> (NYSE:CMG) to report quarterly earnings at $5.26 per share on revenue of $1.96 billion after the closing bell. Chipotle shares gained 0.4% to $1,458.00 in after-hours trading.</li></ul></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>5 Stocks To Watch For February 8, 2022</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\">\n5 Stocks To Watch For February 8, 2022\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\">2022-02-08 17:50</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Some of the stocks that may grab investor focus today are:</p><ul><li>Wall Street expects <b> Pfizer Inc. </b> (NYSE:PFE) to report quarterly earnings at $0.87 per share on revenue of $24.20 billion before the opening bell. Pfizer shares rose 1.7% to $54.10 in after-hours trading.</li><li><b><a href=\"https://laohu8.com/S/TTWO\">Take-Two Interactive Software</a>, Inc. </b> (NASDAQ:TTWO) reported upbeat earnings for its third quarter, while sales missed views. The company also raised its FY22 net bookings guidance. Take-<a href=\"https://laohu8.com/S/TWOA.U\">Two</a> shares dropped 2% to $171.54 in the after-hours trading session.</li><li>Analysts are expecting <b> Centene Corporation </b> (NYSE:CNC) to have earned $0.99 per share on revenue of $32.50 billion for the latest quarter. The company will release earnings before the markets open. Centene shares gained 0.3% to close at $80.79 on Monday.</li></ul><ul><li><b>AECOM</b> (NYSE:ACM) reported upbeat earnings for its first quarter and raised its FY22 earnings guidance. AECOM shares gained 0.9% to $70.00 in the after-hours trading session.</li><li>Analysts expect <b> Chipotle Mexican Grill, Inc. </b> (NYSE:CMG) to report quarterly earnings at $5.26 per share on revenue of $1.96 billion after the closing bell. Chipotle shares gained 0.4% to $1,458.00 in after-hours trading.</li></ul></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TTWO":"Take-Two Interactive Software","CNC":"康西哥","BK4085":"互动家庭娱乐","BK4568":"美国抗疫概念","BK4154":"管理型保健护理","BK4129":"建筑与工程","ACM":"Aecom Technology Corporation","PFE":"辉瑞"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2209930091","content_text":"Some of the stocks that may grab investor focus today are:Wall Street expects  Pfizer Inc.  (NYSE:PFE) to report quarterly earnings at $0.87 per share on revenue of $24.20 billion before the opening bell. Pfizer shares rose 1.7% to $54.10 in after-hours trading.Take-Two Interactive Software, Inc.  (NASDAQ:TTWO) reported upbeat earnings for its third quarter, while sales missed views. The company also raised its FY22 net bookings guidance. Take-Two shares dropped 2% to $171.54 in the after-hours trading session.Analysts are expecting  Centene Corporation  (NYSE:CNC) to have earned $0.99 per share on revenue of $32.50 billion for the latest quarter. The company will release earnings before the markets open. Centene shares gained 0.3% to close at $80.79 on Monday.AECOM (NYSE:ACM) reported upbeat earnings for its first quarter and raised its FY22 earnings guidance. AECOM shares gained 0.9% to $70.00 in the after-hours trading session.Analysts expect  Chipotle Mexican Grill, Inc.  (NYSE:CMG) to report quarterly earnings at $5.26 per share on revenue of $1.96 billion after the closing bell. Chipotle shares gained 0.4% to $1,458.00 in after-hours trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":710,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":863386377,"gmtCreate":1632358803399,"gmtModify":1676530761319,"author":{"id":"3581485181983823","authorId":"3581485181983823","name":"Joel0712","avatar":"https://community-static.tradeup.com/news/d88d0d4b1d64806be714578e542b4f97","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581485181983823","authorIdStr":"3581485181983823"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/863386377","repostId":"1140447724","repostType":2,"isVote":1,"tweetType":1,"viewCount":534,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":832870185,"gmtCreate":1629612095047,"gmtModify":1676530079905,"author":{"id":"3581485181983823","authorId":"3581485181983823","name":"Joel0712","avatar":"https://community-static.tradeup.com/news/d88d0d4b1d64806be714578e542b4f97","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581485181983823","authorIdStr":"3581485181983823"},"themes":[],"htmlText":"coool","listText":"coool","text":"coool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/832870185","repostId":"2161374148","repostType":4,"isVote":1,"tweetType":1,"viewCount":855,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9992000115,"gmtCreate":1661221063740,"gmtModify":1676536477694,"author":{"id":"3581485181983823","authorId":"3581485181983823","name":"Joel0712","avatar":"https://community-static.tradeup.com/news/d88d0d4b1d64806be714578e542b4f97","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581485181983823","authorIdStr":"3581485181983823"},"themes":[],"htmlText":"Ok&nbsp;","listText":"Ok&nbsp;","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9992000115","repostId":"1140002312","repostType":4,"repost":{"id":"1140002312","kind":"news","pubTimestamp":1661227301,"share":"https://ttm.financial/m/news/1140002312?lang=&edition=full_marsco","pubTime":"2022-08-23 12:01","market":"us","language":"en","title":"Tesla Must Face The Comeback Of Affordable ICE Vehicles","url":"https://stock-news.laohu8.com/highlight/detail?id=1140002312","media":"Seeking Alpha","summary":"SummaryTesla has grown its sales while traditional automakers have shrunk.The chip shortage has driven the average transaction price of a new car higher than the price of a Model 3.This is unsustainable and as production returns, prices will drop.Tesla will need to respond with lower prices to be price competitive, which will hurt profitability, or it could face demand or growth risks.What's happened?It's hardly a splurge in today's market.A Model 3 costs \"just\" 30% more than the cheapest Honda ","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>Tesla has grown its sales while traditional automakers have shrunk.</li><li>The chip shortage has driven the average transaction price of a new car higher than the price of a Model 3.</li><li>This is unsustainable and as production returns, prices will drop.</li><li>Tesla will need to respond with lower prices to be price competitive, which will hurt profitability, or it could face demand or growth risks.</li></ul><p><b>What&#39;s happened?</b></p><p>Other automakers&#39; misfortunes have been Tesla&#39;s (NASDAQ:TSLA) gain. While Tesla is commonly seen as a luxury vehicle, it is taking sales from not just all the luxury automakers, but all the mainstream categories as well. Tesla&#39;s flawless navigation through the supply chain means not only higher production for Tesla, but higher demand as other automakers struggle with very high starting prices that are mostly out of their control.</p><p>In addition to supply chain hurdles, traditional automakers have struggled with dealerships driving up prices well above MSRP via price markups and mandatory accessories. Manufacturers like Ford (F), which historically have good relations with dealerships, are now starting to show their frustration with dealers. To counter this (and to get a bigger piece of the pie themselves), manufacturers have focused on building higher priced configurations of their vehicles, but that hasn&#39;t stopped the strong consumer from driving up prices further.</p><p>For the shopper, this is a double whammy. With manufacturers prioritizing higher-priced variants and dealerships applying extreme markups to those units, in July the average retail price for a new car rose to an all-time high of $48,142 and the average monthly payment is now $733. In fact, the average retail price is now higher than the starting price of a Model 3, even after a $10,000 price increase over the last year. In today&#39;s market, an entry-level Tesla is no longer a luxury vehicle.</p><p>My local dealership here in Southern California sells a top-of-the-line Honda Accord Touring for nearly the same price as a Standard Range Model 3 and according to the salesman, they&#39;ve been selling every one that they get. With mainstream vehicles having luxury prices, it&#39;s no wonder Tesla is taking sales from the mainstream segment.</p><p>While we may never see inventory levels like we did prior to the pandemic that allowed incentives and dealer discounts to bring prices well below MSRP, I believe buying a car at MSRP will eventually happen. This will give shoppers the much-needed choice they need.</p><p><b>Tesla: Now a luxury within reach</b></p><p>So how does the price of a Model 3 today compare with an Accord versus Honda&#39;s intention, and versus prices from a few years ago? It&#39;s hardly a splurge in today&#39;s market.</p><p>A Model 3 costs &#34;just&#34; 30% more than the cheapest Honda Accord I can find, a Sport trim priced at $35,975 including markups, and the salesman assured me that they sell every one they get without discount. That&#39;s a model that doesn&#39;t even have heated cloth seats; leather would cost an additional $1500 and at that point a Model 3 would be just 25% more for a huge upgrade in terms of brand and features.</p><p>Obviously, this is due to inflated prices and was never the intention. If a buyer could pick up an Accord LX (the cheapest trim) for an MSRP of $26,520 without those pesky markups, the cost of a Standard Range Model 3 would be more than 80% higher. You can argue that a Model 3 is worth the higher price tag but the problem is that with so few options today, a Tesla is far more appealing today than it was a few years ago (especially with fuel and maintenance savings). It&#39;s easy to see why Tesla is taking so many sales from the mainstream segment. In fact, according to Tom Libby from S&amp;P Mobility, about half of Model 3 and Y buyers have a mainstream product in their garage, which he finds extraordinary.</p><p>Even if we consider 2019 prices when a Model 3 was just $37,000, it was still more than 50% higher than the MSRP of an Accord LX at the time, and that&#39;s excluding past dealer discounts and manufacturer incentives that could drive the price thousands below MSRP.</p><p>With higher prices thanks to supply chain woes, Tesla has been able to bring in record profitability. Unfortunately, there are signs that these conditions are starting to fade.</p><p><b>The market is shifting</b></p><p>It&#39;s important to note that the strong consumer has been incredibly helpful in driving prices through the roof, but there are signs that the consumer&#39;s spending habits are changing.</p><p>Over the past few months, when it comes to the new car market, buyers just haven&#39;t had a choice. <i>Someone</i> is going to buy that overpriced car on the lot, however foolish it may be. Thankfully, the used car market is showing signs of stability, and since more than 40 million used cars were sold in the US last year (22 million via retailers), a look at this segment is a good indicator of car shopping behavior when provided a choice.</p><p>If you&#39;re unfamiliar, here&#39;s an example of how prices have been in the used market. In Southern California, a certified pre-owned 2021 Civic LX (base model) with 28,000 miles has a retail price of $28,655, which is 35% higher than its original MSRP of $21,250.</p><p><img src=\"https://static.tigerbbs.com/7863b77894ec6738305b9e12cf9dc2fd\" tg-width=\"640\" tg-height=\"248\" referrerpolicy=\"no-referrer\"/></p><p>ochondaworld.com</p><p><img src=\"https://static.tigerbbs.com/6ceceac50604deafb86b1d96ec132873\" tg-width=\"498\" tg-height=\"862\" referrerpolicy=\"no-referrer\"/></p><p>Autonews.com</p><p>Last quarter, used vehicle profitability plunged. AutoNation&#39;s (AN) used vehicle gross profit declined by 22% from the prior quarter and 14% from last year, while Group 1 (GPI) saw profits dive 25%. Online used car retailers are also seeing profits plunge, with Carvana (CVNA) posting a loss of more than a billion dollars thanks to a 44% decline in gross profits from last year. See the chart to the right for more.</p><p>The majority of CEOs from major public car retailers discuss the consumer&#39;s reluctance to pay big premiums for vehicles as they were previously. Penske (PAG) CEO said that higher prices are &#34;taking some people out of the market&#34;. Group 1 Automotive&#39;s CEO stated that demand is shifting to lower price points. Asbury Automotive Group CEO David Hult said that consumers were &#34;impulsively buying&#34; six months ago but are now more cautious. According to Cox Automotive, used car prices are trending down and should be a source of deflation in the months ahead.</p><p>In other words, the buying frenzy for overpriced used vehicles is over and it&#39;s reasonable to believe that this will translate into the new car market as soon as production stabilizes.</p><p><b>Signs of New Car Production Rebound</b></p><p>Nobody is yet sure when new car production will fully rebound, or even recover to levels where shoppers can buy cars without massive markups, however there is some promising signs starting to surface.</p><p>In June, UK car production was back on the rise, up 5.6% from the year earlier thanks to an ease in some supply chain issues. According to LMCAutomotive, the Global Light Vehicle selling rate rose for the third consecutive month to 90 million units/year in July, which it noted as the best performance for the year so far thanks to a rebound in China and South America. US sales remain down, but the sales decline by 11.6% was the smallest decline since January. Finally, according to AutoForecast Solutions, automakers lost just 6,800 vehicles in weekly production due to the chip shortage and that was one of the smallest losses since the chip shortage began in early 2021.</p><p><b>Conclusion</b></p><p>For the better part of the last year, Tesla&#39;s applaudable performance despite supply chain woes has come with great benefit. For starters, shoppers of ICE vehicles have faced extreme price pressure due to automakers prioritizing well-equipped variants of their vehicles and dealerships adding steep markups to these already high-priced cars.</p><p>However, there are signs of a weakening consumer. In the used market, consumers are (thankfully) showing signs of reluctance when faced with the purchase of a used base model Civic for nearly 30 grand. Auto retailers are making it clear that the buying frenzy is over. In addition, there&#39;s a glimmer of hope that production is starting to ease. We still need more data, but it&#39;s reasonable to believe that the supply chain will ease eventually.</p><p>When that time comes, Tesla will be facing lower mainstream vehicle prices and will likely find it more difficult to bite into these high-volume segments so easily. Of course, Tesla would also benefit from any supply chain easing, but at the expensive of what&#39;s been a driver of the stock&#39;s recent run up: high gross margins and profitability in addition to growth. Initially, there was a selloff after its most recent earnings report, with the red flag being margin contraction. Further margin contraction due to pricing pressure may not be taken lightly by investors, especially if it were perceived as an indicator of reduced demand.</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>Tesla Must Face The Comeback Of Affordable ICE Vehicles</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 Must Face The Comeback Of Affordable ICE Vehicles\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-23 12:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4536057-tesla-faces-comeback-of-affordable-ice-vehicles?source=content_type%3Aall%7Cfirst_level_url%3Aportfolio%7Csection%3Aportfolio_content_unit%7Csection_asset%3Alatest%7Cline%3A20><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryTesla has grown its sales while traditional automakers have shrunk.The chip shortage has driven the average transaction price of a new car higher than the price of a Model 3.This is ...</p>\n\n<a href=\"https://seekingalpha.com/article/4536057-tesla-faces-comeback-of-affordable-ice-vehicles?source=content_type%3Aall%7Cfirst_level_url%3Aportfolio%7Csection%3Aportfolio_content_unit%7Csection_asset%3Alatest%7Cline%3A20\">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://seekingalpha.com/article/4536057-tesla-faces-comeback-of-affordable-ice-vehicles?source=content_type%3Aall%7Cfirst_level_url%3Aportfolio%7Csection%3Aportfolio_content_unit%7Csection_asset%3Alatest%7Cline%3A20","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1140002312","content_text":"SummaryTesla has grown its sales while traditional automakers have shrunk.The chip shortage has driven the average transaction price of a new car higher than the price of a Model 3.This is unsustainable and as production returns, prices will drop.Tesla will need to respond with lower prices to be price competitive, which will hurt profitability, or it could face demand or growth risks.What's happened?Other automakers' misfortunes have been Tesla's (NASDAQ:TSLA) gain. While Tesla is commonly seen as a luxury vehicle, it is taking sales from not just all the luxury automakers, but all the mainstream categories as well. Tesla's flawless navigation through the supply chain means not only higher production for Tesla, but higher demand as other automakers struggle with very high starting prices that are mostly out of their control.In addition to supply chain hurdles, traditional automakers have struggled with dealerships driving up prices well above MSRP via price markups and mandatory accessories. Manufacturers like Ford (F), which historically have good relations with dealerships, are now starting to show their frustration with dealers. To counter this (and to get a bigger piece of the pie themselves), manufacturers have focused on building higher priced configurations of their vehicles, but that hasn't stopped the strong consumer from driving up prices further.For the shopper, this is a double whammy. With manufacturers prioritizing higher-priced variants and dealerships applying extreme markups to those units, in July the average retail price for a new car rose to an all-time high of $48,142 and the average monthly payment is now $733. In fact, the average retail price is now higher than the starting price of a Model 3, even after a $10,000 price increase over the last year. In today's market, an entry-level Tesla is no longer a luxury vehicle.My local dealership here in Southern California sells a top-of-the-line Honda Accord Touring for nearly the same price as a Standard Range Model 3 and according to the salesman, they've been selling every one that they get. With mainstream vehicles having luxury prices, it's no wonder Tesla is taking sales from the mainstream segment.While we may never see inventory levels like we did prior to the pandemic that allowed incentives and dealer discounts to bring prices well below MSRP, I believe buying a car at MSRP will eventually happen. This will give shoppers the much-needed choice they need.Tesla: Now a luxury within reachSo how does the price of a Model 3 today compare with an Accord versus Honda's intention, and versus prices from a few years ago? It's hardly a splurge in today's market.A Model 3 costs \"just\" 30% more than the cheapest Honda Accord I can find, a Sport trim priced at $35,975 including markups, and the salesman assured me that they sell every one they get without discount. That's a model that doesn't even have heated cloth seats; leather would cost an additional $1500 and at that point a Model 3 would be just 25% more for a huge upgrade in terms of brand and features.Obviously, this is due to inflated prices and was never the intention. If a buyer could pick up an Accord LX (the cheapest trim) for an MSRP of $26,520 without those pesky markups, the cost of a Standard Range Model 3 would be more than 80% higher. You can argue that a Model 3 is worth the higher price tag but the problem is that with so few options today, a Tesla is far more appealing today than it was a few years ago (especially with fuel and maintenance savings). It's easy to see why Tesla is taking so many sales from the mainstream segment. In fact, according to Tom Libby from S&P Mobility, about half of Model 3 and Y buyers have a mainstream product in their garage, which he finds extraordinary.Even if we consider 2019 prices when a Model 3 was just $37,000, it was still more than 50% higher than the MSRP of an Accord LX at the time, and that's excluding past dealer discounts and manufacturer incentives that could drive the price thousands below MSRP.With higher prices thanks to supply chain woes, Tesla has been able to bring in record profitability. Unfortunately, there are signs that these conditions are starting to fade.The market is shiftingIt's important to note that the strong consumer has been incredibly helpful in driving prices through the roof, but there are signs that the consumer's spending habits are changing.Over the past few months, when it comes to the new car market, buyers just haven't had a choice. Someone is going to buy that overpriced car on the lot, however foolish it may be. Thankfully, the used car market is showing signs of stability, and since more than 40 million used cars were sold in the US last year (22 million via retailers), a look at this segment is a good indicator of car shopping behavior when provided a choice.If you're unfamiliar, here's an example of how prices have been in the used market. In Southern California, a certified pre-owned 2021 Civic LX (base model) with 28,000 miles has a retail price of $28,655, which is 35% higher than its original MSRP of $21,250.ochondaworld.comAutonews.comLast quarter, used vehicle profitability plunged. AutoNation's (AN) used vehicle gross profit declined by 22% from the prior quarter and 14% from last year, while Group 1 (GPI) saw profits dive 25%. Online used car retailers are also seeing profits plunge, with Carvana (CVNA) posting a loss of more than a billion dollars thanks to a 44% decline in gross profits from last year. See the chart to the right for more.The majority of CEOs from major public car retailers discuss the consumer's reluctance to pay big premiums for vehicles as they were previously. Penske (PAG) CEO said that higher prices are \"taking some people out of the market\". Group 1 Automotive's CEO stated that demand is shifting to lower price points. Asbury Automotive Group CEO David Hult said that consumers were \"impulsively buying\" six months ago but are now more cautious. According to Cox Automotive, used car prices are trending down and should be a source of deflation in the months ahead.In other words, the buying frenzy for overpriced used vehicles is over and it's reasonable to believe that this will translate into the new car market as soon as production stabilizes.Signs of New Car Production ReboundNobody is yet sure when new car production will fully rebound, or even recover to levels where shoppers can buy cars without massive markups, however there is some promising signs starting to surface.In June, UK car production was back on the rise, up 5.6% from the year earlier thanks to an ease in some supply chain issues. According to LMCAutomotive, the Global Light Vehicle selling rate rose for the third consecutive month to 90 million units/year in July, which it noted as the best performance for the year so far thanks to a rebound in China and South America. US sales remain down, but the sales decline by 11.6% was the smallest decline since January. Finally, according to AutoForecast Solutions, automakers lost just 6,800 vehicles in weekly production due to the chip shortage and that was one of the smallest losses since the chip shortage began in early 2021.ConclusionFor the better part of the last year, Tesla's applaudable performance despite supply chain woes has come with great benefit. For starters, shoppers of ICE vehicles have faced extreme price pressure due to automakers prioritizing well-equipped variants of their vehicles and dealerships adding steep markups to these already high-priced cars.However, there are signs of a weakening consumer. In the used market, consumers are (thankfully) showing signs of reluctance when faced with the purchase of a used base model Civic for nearly 30 grand. Auto retailers are making it clear that the buying frenzy is over. In addition, there's a glimmer of hope that production is starting to ease. We still need more data, but it's reasonable to believe that the supply chain will ease eventually.When that time comes, Tesla will be facing lower mainstream vehicle prices and will likely find it more difficult to bite into these high-volume segments so easily. Of course, Tesla would also benefit from any supply chain easing, but at the expensive of what's been a driver of the stock's recent run up: high gross margins and profitability in addition to growth. Initially, there was a selloff after its most recent earnings report, with the red flag being margin contraction. Further margin contraction due to pricing pressure may not be taken lightly by investors, especially if it were perceived as an indicator of reduced demand.","news_type":1},"isVote":1,"tweetType":1,"viewCount":640,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9998450494,"gmtCreate":1661049300620,"gmtModify":1676536444562,"author":{"id":"3581485181983823","authorId":"3581485181983823","name":"Joel0712","avatar":"https://community-static.tradeup.com/news/d88d0d4b1d64806be714578e542b4f97","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581485181983823","authorIdStr":"3581485181983823"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9998450494","repostId":"2261587214","repostType":4,"repost":{"id":"2261587214","kind":"highlight","pubTimestamp":1661044807,"share":"https://ttm.financial/m/news/2261587214?lang=&edition=full_marsco","pubTime":"2022-08-21 09:20","market":"us","language":"en","title":"2 Smartest Tech Stocks to Buy in 2022 and Beyond","url":"https://stock-news.laohu8.com/highlight/detail?id=2261587214","media":"Motley Fool","summary":"These companies have potent tailwinds and are selling at relative bargain valuations.","content":"<html><head></head><body><p>Technology investors are forever looking for the next best thing. However, a prudent investment might be in companies that have already proven successful and established themselves in their respective industries.</p><p>Savvy investors have an opportunity to buy two excellent stocks to hold for 2022 and long after. <b>Alphabet</b> and <b>Shopify</b> are dominant forces in digital advertising and e-commerce, respectively. These are two industries with strong secular tailwinds that could propel growth in the long term.</p><h2>Alphabet is approaching $100 billion in annual profits</h2><p>Alphabet is arguably the most dominant advertising company in the world. It&#39;s home to Google Search and YouTube, two of the most widely used ad-supported products. According to Statista, Google Search holds an astounding 83% market share in search engines globally. Similarly, YouTube boasts 2.6 billion monthly active users. Of course, advertisers follow consumers, which means the popularity of these services has attracted marketers looking to influence purchasing decisions.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0bdb9c0f8129805369ddb3d4fb467f06\" tg-width=\"720\" tg-height=\"463\" width=\"100%\" height=\"auto\"/><span>GOOG Revenue (Annual) data by YCharts</span></p><p>As a result, Alphabet&#39;s revenue has expanded from $55.5 billion in 2013 to $257.6 billion in 2021. Operating income increased from $15.4 billion to $78.7 billion in that same time. Alphabet&#39;s popularity has turned into tangible profits that could extend in the long term. Marketers spent $763 billion globally in 2021, a 22.5% increase from the previous year. Interestingly, the share of spending has increased on digital channels from 52.1% in 2019 to 64.4% in 2021. That trend is unlikely to reverse as digital advertising offers benefits unavailable by other methods.</p><h2>Shopify&#39;s revenue has boomed</h2><p>Similarly, Shopify is operating in an industry that is poised for growth. The company helps merchants establish and improve its online sales channel, a business that boomed because of the onset of the pandemic. However, Shopify&#39;s growth has slowed recently as consumers are eager to get out of the house and shop in person, at least temporarily. Over the longer run, a more significant share of spending is shifting online. According to Statista, 14% of spending in the U.S. was online in 2020. That figure is forecast to grow to 22% by 2025.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/67beef652b4dea3cea0a7e01f01ac14c\" tg-width=\"720\" tg-height=\"463\" width=\"100%\" height=\"auto\"/><span>SHOP Revenue (Annual) data by YCharts</span></p><p>Shopify earns a monthly premium from merchants on the platform, and it takes a percentage of their revenue. So, as people spend more money online, Shopify stands to benefit. Already, Shopify&#39;s business has exploded from the trend in recent years. Revenue surged from $24 million in 2012 to $4.6 billion in 2021. That helped the company reach operating profitability of $269 million in 2021 after reporting an operating loss of $2 million in 2012.</p><h2>Shopify and Alphabet stocks are relatively inexpensive</h2><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d2209517db4dea82b067af78616bb2d5\" tg-width=\"720\" tg-height=\"463\" width=\"100%\" height=\"auto\"/><span>SHOP PS Ratio data by YCharts</span></p><p>Fortunately for savvy investors, Shopify and Alphabet stocks are not expensive. On the contrary, they are relative bargains. At a price-to-sales ratio of 10, Shopify has hardly ever been cheaper when measured by this metric. Alphabet&#39;s price-to-sales ratio of six is on the lower end of its historical average. Investors looking for smart buys can feel good about adding Shopify and Alphabet stocks.</p></body></html>","source":"fool_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>2 Smartest Tech Stocks to Buy in 2022 and Beyond</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\">\n2 Smartest Tech Stocks to Buy in 2022 and Beyond\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-21 09:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/08/20/2-smartest-tech-stocks-to-buy-in-2022-and-beyond/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Technology investors are forever looking for the next best thing. However, a prudent investment might be in companies that have already proven successful and established themselves in their respective...</p>\n\n<a href=\"https://www.fool.com/investing/2022/08/20/2-smartest-tech-stocks-to-buy-in-2022-and-beyond/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOG":"谷歌","GOOGL":"谷歌A","SHOP":"Shopify Inc"},"source_url":"https://www.fool.com/investing/2022/08/20/2-smartest-tech-stocks-to-buy-in-2022-and-beyond/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2261587214","content_text":"Technology investors are forever looking for the next best thing. However, a prudent investment might be in companies that have already proven successful and established themselves in their respective industries.Savvy investors have an opportunity to buy two excellent stocks to hold for 2022 and long after. Alphabet and Shopify are dominant forces in digital advertising and e-commerce, respectively. These are two industries with strong secular tailwinds that could propel growth in the long term.Alphabet is approaching $100 billion in annual profitsAlphabet is arguably the most dominant advertising company in the world. It's home to Google Search and YouTube, two of the most widely used ad-supported products. According to Statista, Google Search holds an astounding 83% market share in search engines globally. Similarly, YouTube boasts 2.6 billion monthly active users. Of course, advertisers follow consumers, which means the popularity of these services has attracted marketers looking to influence purchasing decisions.GOOG Revenue (Annual) data by YChartsAs a result, Alphabet's revenue has expanded from $55.5 billion in 2013 to $257.6 billion in 2021. Operating income increased from $15.4 billion to $78.7 billion in that same time. Alphabet's popularity has turned into tangible profits that could extend in the long term. Marketers spent $763 billion globally in 2021, a 22.5% increase from the previous year. Interestingly, the share of spending has increased on digital channels from 52.1% in 2019 to 64.4% in 2021. That trend is unlikely to reverse as digital advertising offers benefits unavailable by other methods.Shopify's revenue has boomedSimilarly, Shopify is operating in an industry that is poised for growth. The company helps merchants establish and improve its online sales channel, a business that boomed because of the onset of the pandemic. However, Shopify's growth has slowed recently as consumers are eager to get out of the house and shop in person, at least temporarily. Over the longer run, a more significant share of spending is shifting online. According to Statista, 14% of spending in the U.S. was online in 2020. That figure is forecast to grow to 22% by 2025.SHOP Revenue (Annual) data by YChartsShopify earns a monthly premium from merchants on the platform, and it takes a percentage of their revenue. So, as people spend more money online, Shopify stands to benefit. Already, Shopify's business has exploded from the trend in recent years. Revenue surged from $24 million in 2012 to $4.6 billion in 2021. That helped the company reach operating profitability of $269 million in 2021 after reporting an operating loss of $2 million in 2012.Shopify and Alphabet stocks are relatively inexpensiveSHOP PS Ratio data by YChartsFortunately for savvy investors, Shopify and Alphabet stocks are not expensive. On the contrary, they are relative bargains. At a price-to-sales ratio of 10, Shopify has hardly ever been cheaper when measured by this metric. Alphabet's price-to-sales ratio of six is on the lower end of its historical average. Investors looking for smart buys can feel good about adding Shopify and Alphabet stocks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":464,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9049137408,"gmtCreate":1655768881504,"gmtModify":1676535699462,"author":{"id":"3581485181983823","authorId":"3581485181983823","name":"Joel0712","avatar":"https://community-static.tradeup.com/news/d88d0d4b1d64806be714578e542b4f97","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581485181983823","authorIdStr":"3581485181983823"},"themes":[],"htmlText":"No&nbsp;","listText":"No&nbsp;","text":"No","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9049137408","repostId":"1193384401","repostType":4,"repost":{"id":"1193384401","kind":"news","pubTimestamp":1655768189,"share":"https://ttm.financial/m/news/1193384401?lang=&edition=full_marsco","pubTime":"2022-06-21 07:36","language":"en","title":"ASX to Rise; RBA Admits Reputational Damage on Yield Control","url":"https://stock-news.laohu8.com/highlight/detail?id=1193384401","media":"The Market Herald","summary":"Aussie shares will shoot for their first rise in eight sessions following a  rebound in European sto","content":"<html><head></head><body><p>Aussie shares will shoot for their first rise in eight sessions following a  rebound in European stocks and US equity futures during a US market holiday.</p><p><b>ASX futures</b> rallied 47 points or 0.74 percent. The advance raises hopes for a break in a losing run that has stripped 688 points off the S&amp;P/ASX 200 since June 8.</p><p>Oil reversed to a gain overnight. Iron ore sank for a ninth session. Copper fell to its lowest since early October before bouncing higher. The dollar steadied below 70 US cents.</p><p><b>Europe</b></p><p>Banks and energy producers led as European stocks rebounded from last week’s losses. Trading volumes were constrained by the Juneteenth long weekend in the US.</p><p>The pan-European <b>Stoxx 600</b> index climbed 0.96 percent. Britain’s FTSE 100 index put on 1.5 percent.</p><p>The <b>financial sector</b> climbed 3.3 percent to lead gains. Banks slumped last week after the US Federal Reserve announced the biggest rate hike in 28 years, and central banks in Switzerland and Britain both raised.</p><p>Germany’s DAX index gained 1.06 percent despite a surge in <b>producer prices.</b> German wholesale prices were a third higher last month than the same time last year, well above expectations.</p><p><b>French stocks</b> trailled after President Emmanuel Macron lost his parliamentary majority over the weekend. Macron’s centrist coalition secured the most seats in the National Assembly, but fell short of an absolute majority. The CAC 40 index edged up 0.64 percent.</p><p>The European Union has been struggling with vastly different borrowing costs among member countries as sovereign <b>bond yields</b> surge. Governments in Italy and Greece have had to pay much more to borrow than Germany and France.</p><p>The disparity under the constraints of the <b>euro</b> once again raised the risk of the currency bloc disintegrating. The crisis prompted the European Central Bank to announce plans last week for a new tool to address the issue.</p><p><b>US equity futures</b> rallied with Europe. S&amp;P 500 futures firmed 41 points or 1.11 percent. Dow futures rose 256 points or 0.86 percent. Nasdaq futures gained 129 points or 1.14 percent.</p><p>Europe’s benchmark has fared better than Wall Street this year. The Stoxx 600 has fallen almost 17 percent while the S&amp;P 500 entered a bear market.</p><p>Turmoil on cryptocurrency markets temporarily abated. <b>Bitcoin</b> was this morning trading back above US$20,000 at US$20,548 after falling as low as US$17,630 over the weekend.</p><p><b>Australian outlook</b></p><p>Is that… green? The <b>S&amp;P/ASX 200</b> appears to have broadly positive leads for the first time in an aeon.</p><p>US futures built nicely overnight as Europe ignored the commodities turmoil that swept Asia yesterday. Those pricing pressures have not dissipated for Australia’s miners, but strength in European banking, energy and travel stocks suggest there should be counter-balances for the ASX this session.</p><p>The market looks short-term oversold and due some respite, even if only for a session or two. Rallies in recent weeks have been treated as selling opportunities (“fading the rally”). Today will be another test of investors’ willingness to stay the course. Any sort of positive finish tonight would be a win for the bulls.</p><p>The <b>Reserve Bank</b> has two opportunities today to clarify the outlook for interest rates. First, Governor Philip Lowe delivers a speech on ‘Inflation and Monetary Policy’ at a Sydney event at 10 am AEST. Then at 11.30 am the central bank releases the minutes from this month’s policy meeting, which concluded with the biggest rate hike in 22 years.</p><p>The <b>dollar</b> steadied this morning, up 0.1 percent at 69.53 US cents.</p><p><b>Commodities</b></p><p><b>Iron ore</b> turned negative for the year as Chinese steel mills cut production in the face of falling demand. Chinese housing construction has fallen sharply amid declining property prices and a debt crisis among developers.</p><p>“May was particularly bad, down somewhere between 30 and 40 percent year on year on new starts,” Colin Hamilton, head of commodities research at BMO Capital Markets, told Britain’s FT.</p><p>Ore prices slumped 8 percent yesterday to US$111.35 a tonne, according to S&amp;P Global Platts. The spot price for ore landed at Tianjin fell US$3.38 or 2.6 percent to US$128 a tonne.</p><p>BHP and Rio Tinto declined in UK trade.<b>BHP</b>‘s UK stock fell 1.59 percent. <b>Rio Tinto</b> shed 1 percent.</p><p><b>Oil</b> hit a one-month low before recovering. Brent crude settled US$1.01 or 0.9 percent ahead at US$114.13 a barrel after trading as low as US$111.52.</p><p>Prices plunged on Friday as crude belatedly responded to worries about demand destruction as inflationary pressures force consumers to reduce spending.</p><p>“We’ve got two really competing narratives happening,” Houston oil consultant Andrew Lipow told Reuters. “One is sanctions on Russian supplies. On the other hand, we see the high prices resulting in some demand destruction.”</p><p>“Friday’s steep price fall can be seen as a delayed reaction to the concerns about recession that have already been weighing on the prices of other commodities for some time,” Commerzbank analyst Carsten Fritsch said.</p><p><b>Copper</b> touched its lowest since October 1 before recovering as the mood on the London Metal Exchange improved. Benchmark copper finished 0.3 per cent ahead at US$8,989.50 a tonne. Aluminium climbed 1.3 percent, nickel 0.3 percent, lead 0.6 percent and zinc 0.5 percent. Tin eased 1.3 percent.</p><p><b>Gold</b> was little changed ahead of the resumption of US trade. Gold for August delivery was lately down 50 US cents or 0.03 percent at US$1,840.10 an ounce in electronic trade in the US.</p></body></html>","source":"lsy1645078131697","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>ASX to Rise; RBA Admits Reputational Damage on Yield Control</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\">\nASX to Rise; RBA Admits Reputational Damage on Yield Control\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-21 07:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://themarketherald.com.au/asx-today-positive-leads-as-europe-us-futures-rally-2022-06-21/><strong>The Market Herald</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Aussie shares will shoot for their first rise in eight sessions following a  rebound in European stocks and US equity futures during a US market holiday.ASX futures rallied 47 points or 0.74 percent. ...</p>\n\n<a href=\"https://themarketherald.com.au/asx-today-positive-leads-as-europe-us-futures-rally-2022-06-21/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XKO.AU":"标普/澳交所 300指数","XAO.AU":"标普/澳交所 普通股指数","XJO.AU":"标普/澳交所 200指数"},"source_url":"https://themarketherald.com.au/asx-today-positive-leads-as-europe-us-futures-rally-2022-06-21/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1193384401","content_text":"Aussie shares will shoot for their first rise in eight sessions following a  rebound in European stocks and US equity futures during a US market holiday.ASX futures rallied 47 points or 0.74 percent. The advance raises hopes for a break in a losing run that has stripped 688 points off the S&P/ASX 200 since June 8.Oil reversed to a gain overnight. Iron ore sank for a ninth session. Copper fell to its lowest since early October before bouncing higher. The dollar steadied below 70 US cents.EuropeBanks and energy producers led as European stocks rebounded from last week’s losses. Trading volumes were constrained by the Juneteenth long weekend in the US.The pan-European Stoxx 600 index climbed 0.96 percent. Britain’s FTSE 100 index put on 1.5 percent.The financial sector climbed 3.3 percent to lead gains. Banks slumped last week after the US Federal Reserve announced the biggest rate hike in 28 years, and central banks in Switzerland and Britain both raised.Germany’s DAX index gained 1.06 percent despite a surge in producer prices. German wholesale prices were a third higher last month than the same time last year, well above expectations.French stocks trailled after President Emmanuel Macron lost his parliamentary majority over the weekend. Macron’s centrist coalition secured the most seats in the National Assembly, but fell short of an absolute majority. The CAC 40 index edged up 0.64 percent.The European Union has been struggling with vastly different borrowing costs among member countries as sovereign bond yields surge. Governments in Italy and Greece have had to pay much more to borrow than Germany and France.The disparity under the constraints of the euro once again raised the risk of the currency bloc disintegrating. The crisis prompted the European Central Bank to announce plans last week for a new tool to address the issue.US equity futures rallied with Europe. S&P 500 futures firmed 41 points or 1.11 percent. Dow futures rose 256 points or 0.86 percent. Nasdaq futures gained 129 points or 1.14 percent.Europe’s benchmark has fared better than Wall Street this year. The Stoxx 600 has fallen almost 17 percent while the S&P 500 entered a bear market.Turmoil on cryptocurrency markets temporarily abated. Bitcoin was this morning trading back above US$20,000 at US$20,548 after falling as low as US$17,630 over the weekend.Australian outlookIs that… green? The S&P/ASX 200 appears to have broadly positive leads for the first time in an aeon.US futures built nicely overnight as Europe ignored the commodities turmoil that swept Asia yesterday. Those pricing pressures have not dissipated for Australia’s miners, but strength in European banking, energy and travel stocks suggest there should be counter-balances for the ASX this session.The market looks short-term oversold and due some respite, even if only for a session or two. Rallies in recent weeks have been treated as selling opportunities (“fading the rally”). Today will be another test of investors’ willingness to stay the course. Any sort of positive finish tonight would be a win for the bulls.The Reserve Bank has two opportunities today to clarify the outlook for interest rates. First, Governor Philip Lowe delivers a speech on ‘Inflation and Monetary Policy’ at a Sydney event at 10 am AEST. Then at 11.30 am the central bank releases the minutes from this month’s policy meeting, which concluded with the biggest rate hike in 22 years.The dollar steadied this morning, up 0.1 percent at 69.53 US cents.CommoditiesIron ore turned negative for the year as Chinese steel mills cut production in the face of falling demand. Chinese housing construction has fallen sharply amid declining property prices and a debt crisis among developers.“May was particularly bad, down somewhere between 30 and 40 percent year on year on new starts,” Colin Hamilton, head of commodities research at BMO Capital Markets, told Britain’s FT.Ore prices slumped 8 percent yesterday to US$111.35 a tonne, according to S&P Global Platts. The spot price for ore landed at Tianjin fell US$3.38 or 2.6 percent to US$128 a tonne.BHP and Rio Tinto declined in UK trade.BHP‘s UK stock fell 1.59 percent. Rio Tinto shed 1 percent.Oil hit a one-month low before recovering. Brent crude settled US$1.01 or 0.9 percent ahead at US$114.13 a barrel after trading as low as US$111.52.Prices plunged on Friday as crude belatedly responded to worries about demand destruction as inflationary pressures force consumers to reduce spending.“We’ve got two really competing narratives happening,” Houston oil consultant Andrew Lipow told Reuters. “One is sanctions on Russian supplies. On the other hand, we see the high prices resulting in some demand destruction.”“Friday’s steep price fall can be seen as a delayed reaction to the concerns about recession that have already been weighing on the prices of other commodities for some time,” Commerzbank analyst Carsten Fritsch said.Copper touched its lowest since October 1 before recovering as the mood on the London Metal Exchange improved. Benchmark copper finished 0.3 per cent ahead at US$8,989.50 a tonne. Aluminium climbed 1.3 percent, nickel 0.3 percent, lead 0.6 percent and zinc 0.5 percent. Tin eased 1.3 percent.Gold was little changed ahead of the resumption of US trade. Gold for August delivery was lately down 50 US cents or 0.03 percent at US$1,840.10 an ounce in electronic trade in the US.","news_type":1},"isVote":1,"tweetType":1,"viewCount":588,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":886175219,"gmtCreate":1631577983931,"gmtModify":1676530578569,"author":{"id":"3581485181983823","authorId":"3581485181983823","name":"Joel0712","avatar":"https://community-static.tradeup.com/news/d88d0d4b1d64806be714578e542b4f97","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581485181983823","authorIdStr":"3581485181983823"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/886175219","repostId":"1110238744","repostType":2,"repost":{"id":"1110238744","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1631576913,"share":"https://ttm.financial/m/news/1110238744?lang=&edition=full_marsco","pubTime":"2021-09-14 07:48","market":"us","language":"zh","title":"昨夜今晨：大乌龙！沃尔玛否认与莱特币合作","url":"https://stock-news.laohu8.com/highlight/detail?id=1110238744","media":"老虎资讯综合","summary":"摘要：①美股周一收盘涨跌不一，道指涨0.76%，标普500指数涨0.23%，纳指跌0.07%。油气板块走高；②加密货币下跌，沃尔玛称并未与莱特币达成合作协议；③周一美油突破70美元关口 天然气期货创7","content":"<blockquote>\n 摘要：①美股周一收盘涨跌不一，道指涨0.76%，标普500指数涨0.23%，纳指跌0.07%。油气板块走高；②加密货币下跌，<a href=\"https://laohu8.com/S/WMT\">沃尔玛</a>称并未与莱特币达成合作协议；③周一美油突破70美元关口 天然气期货创7年半新高。\n</blockquote>\n<p>海外市场</p>\n<p><b>1、纳指连跌四日，油气板块走高</b></p>\n<p>美股周一收盘涨跌不一，纳指连续第4个交易日收跌。道指与标普500指数连续5个交易日下跌后略微反弹。市场关注美国疫情与民主党即将提出的加税方案、以及本周将公布的通胀数据。截至收盘，道指涨0.76%，标普500指数涨0.23%，纳指跌0.07%。油气概念股涨幅居前，休斯顿能源涨超12%，贝利石油涨近8%。</p>\n<p><b>2、热门中概股周一收盘大多走低 <a href=\"https://laohu8.com/S/DADA\">达达集团</a>跌超17%</b></p>\n<p>热门中概股周一收盘大多走低，<a href=\"https://laohu8.com/S/DADA\">达达集团</a>跌超17%；<a href=\"https://laohu8.com/S/ACH\">中国铝业</a>涨超8%，此前LME铝价格触及3000美元。</p>\n<p>热门中概股多数收跌，<a href=\"https://laohu8.com/S/NTES\">网易</a>跌0.04%，<a href=\"https://laohu8.com/S/BIDU\">百度</a>跌0.51%，<a href=\"https://laohu8.com/S/JD\">京东</a>跌0.58%，<a href=\"https://laohu8.com/S/BABA\">阿里巴巴</a>跌1.60%，微博跌2.82%，<a href=\"https://laohu8.com/S/IQ\">爱奇艺</a>跌3.44%，<a href=\"https://laohu8.com/S/BILI\">哔哩哔哩</a>跌3.51%，<a href=\"https://laohu8.com/S/TME\">腾讯音乐</a>跌4.62%，达达集团跌17.45%。<a href=\"https://laohu8.com/S/DIDI\">滴滴</a>涨1.40%，<a href=\"https://laohu8.com/S/PDD\">拼多多</a>涨0.40%。</p>\n<p>其他中概股方面，<a href=\"https://laohu8.com/S/RYB\">红黄蓝</a>涨超8%，雾芯科技跌近11%，<a href=\"https://laohu8.com/S/BILI\">哔哩哔哩</a>、<a href=\"https://laohu8.com/S/IQ\">爱奇艺</a>跌超3%，<a href=\"https://laohu8.com/S/TAL\">好未来</a>跌超2%，陌陌跌近2%，<a href=\"https://laohu8.com/S/BABA\">阿里巴巴</a>、<a href=\"https://laohu8.com/S/00700\">腾讯</a>ADR、<a href=\"https://laohu8.com/S/DOYU\">斗鱼</a>跌超1%。新能源汽车股中，<a href=\"https://laohu8.com/S/NIO\">蔚来</a>汽车涨超1%，<a href=\"https://laohu8.com/S/LI\">理想汽车</a>跌超2%，<a href=\"https://laohu8.com/S/XPEV\">小鹏汽车</a>跌0.5%。</p>\n<p><b>3、欧洲股市周一上涨 石油银行公共事业股票上升</b></p>\n<p>投资者认为欧元区经济复苏势头强劲，将超过全球经济放缓的风险。最终，泛欧斯托克600指数收盘上涨0.26%；德国DAX30指数收盘上涨0.54%；<a href=\"https://laohu8.com/S/VUKE.UK\">英国富时100</a>指数收盘上涨0.52%；法国CAC40指数收盘上涨0.22%。</p>\n<p><b>4、周一美油突破70美元关口 天然气期货创7年半新高</b></p>\n<p>美股WTI原油期货周一近六周以来首次收于每桶70美元上方。天然气期货延续上周的涨势，创2014年2月以来的最高收盘价。最终，WTI10月期货价格上涨73美分，涨幅近1.1%，收于每桶70.45美元，创8月3日以来近月合约的最高收盘价。</p>\n<p><b>5、黄金期货周一收高0.1% 未能站上1800美元关口</b></p>\n<p>美元汇率维持坚挺，使黄金期货涨幅受到限制。最终，纽交所12月交割的黄金期货价格上涨2.30美元，涨幅0.1%，收于每盎司1794.40美元。盘中最低为1784.40美元，最高为1800.20美元。</p>\n<p><b>6、加密货币下跌 <a href=\"https://laohu8.com/S/WMT\">沃尔玛</a>称并未与莱特币达成合作协议</b></p>\n<p>主要加密货币回吐涨幅，因沃尔玛否认有使用莱特币进行购物的协议。莱特币--一度大涨33％--几乎回吐了所有涨幅。截至纽约时间上午11:25，比特币下跌2％，盘中一度上涨约4％。其他数字货币也回落，比特币现金、以太币和柚子币均下跌。</p>\n<p>国际宏观</p>\n<p><b>1、美国众议院民主党人公布税改蓝图，将企业最高税率设定为26.5%</b></p>\n<p>美国众议院民主党人周一公布了一揽子加税方案，但力度不及拜登原先的计划，从而凸显白宫3.5万亿美元经济议程对党内温和派来说在政治上是多么的不确定。</p>\n<p><b>2、</b><a href=\"https://laohu8.com/NW/2167558225\" target=\"_blank\"><b>美国消费者通胀预期创有记录以来最高水平</b></a><b></b></p>\n<p>纽约联储周一发布的一项调查显示，8月份美国消费者对未来一年和未来三年的通胀预期均上升至2013年有记录以来的最高水平。</p>\n<p>该月度调查显示，8月份美国消费者对未来一年的通胀预期上升至5.2%的中值，为连续第10个月走高；未来三年的通胀预期上升至4.0%。该调查于2013年启动，两项指标均创下有史以来的最高水平。</p>\n<p><b>3、美证监会主席暗示对公司债券和资产支持证券从严监管，仍称加密资产为“狂野西部”</b></p>\n<p>相当于美版证监会的美国证券交易委员会（SEC）掌门人Gary Gensler称，自己对加密货币技术持“中性”态度，强调加密货币领域应加强投资者保护，还暗示希望对公司债券和资产支持证券进行更严格的监管。</p>\n<p><b>4、</b><a href=\"https://laohu8.com/NW/2167258121\" target=\"_blank\"><b>OPEC预计今明两年全球对其原油需求将走强</b></a></p>\n<p>根据OPEC周一发布的月度报告，“全球经济复苏和人员出行的大幅增加显著提振了上半年原油需求增长 ，随着2021年末的临近，预计这种动能会有所放缓，但整体趋势依然积极”。</p>\n<p><b>5、英国就脱欧后北爱尔兰问题加大对欧盟的警告</b></p>\n<p>英国就欧盟官员有关北爱尔兰的言论发出反击，警告欧盟“严肃”对待英国政府有关暂停部分脱欧协议的威胁。</p>\n<p><b>6、</b><a href=\"https://laohu8.com/NW/2167846595\" target=\"_blank\"><b>拜登政府强推新冠加强针遇阻 《柳叶刀》刊登科学家们联名反对文章</b></a></p>\n<p>尽管拜登政府已将普及新冠疫苗加强针提上日程，但美国国内仍有不小的反对声浪。国际权威医学期刊《柳叶刀》周一刊登了由一群科学家共同撰写的文章，该文章认为，目前民众无需接种加强针。</p>\n<p><b>7、美国行业组织称民主党计划在2030年前淘汰燃煤发电</b></p>\n<p>一个代表煤炭企业的美国行业组织表示，民主党3.5万亿美元税收和支出计划中，有一项计划将推动公用事业部门使用更多清洁能源并对不按要求实施的部门进行罚款，其目标是到2030年彻底淘汰燃煤发电。</p>\n<p>公司新闻</p>\n<p><b>1、</b><a href=\"https://laohu8.com/NW/1178286584\" target=\"_blank\"><b>支持莱特币付款？CNBC：沃尔玛证实是假消息</b></a></p>\n<p>北京时间周一晚，据彭博报道，沃尔玛宣布用莱特币进行线上付款，莱特币日内涨幅一度扩大至24%，随后收窄至8%，现报198.73美元/枚。30分钟后行情反转，莱特币认证账户删除关于沃尔玛协议的推文。比特币随即暴跌逾2000美元，抹去沃尔玛宣布莱特币支付以来所有涨幅。</p>\n<p><b>2、</b><a href=\"https://laohu8.com/NW/2167153339\" target=\"_blank\"><b>甲骨文第一财季营收不及预期 盘后一度大跌3%</b></a></p>\n<p><a href=\"https://laohu8.com/S/ORCL\">甲骨文</a>股价周一盘后一度大跌3%，最新财报显示该公司第一财季营收不及市场预期。财报显示，甲骨文第一财季调整后每股收益1.03美元，市场预期97美分；营收同比增长4%至97.3亿美元，市场预期97.7亿美元，上一财季营收增幅为8%。</p>\n<p><b>3、</b><a href=\"https://laohu8.com/NW/2167558747\" target=\"_blank\"><b>苹果尚未决定是否对Epic诉苹果的裁决提出上诉</b></a></p>\n<p>苹果公司今天表示，该公司仍在权衡是否对上周的Epic诉苹果反垄断裁决提出上诉。在与记者的通话中，一位代表说，苹果仍在评估其法律选项，尚未就其下一步作出决定。这一立场与Epic形成鲜明对比，后者昨天高调宣布打算上诉。</p>\n<p><b>4、</b><a href=\"https://laohu8.com/NW/2167058278\" target=\"_blank\"><b>华盛顿特区扩大对亚马逊的诉讼范围 涵盖更多商品</b></a></p>\n<p>据报道，华盛顿特区总检察长卡尔·拉辛（Karl Racine）今日扩大了对<a href=\"https://laohu8.com/S/AMZN\">亚马逊</a>的诉讼范围，现包括亚马逊批发购买并直接销售给消费者的商品。</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>昨夜今晨：大乌龙！沃尔玛否认与莱特币合作</title>\n<style 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margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n昨夜今晨：大乌龙！沃尔玛否认与莱特币合作\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\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\">老虎资讯综合 </p>\n<p class=\"h-time\">2021-09-14 07:48</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<blockquote>\n 摘要：①美股周一收盘涨跌不一，道指涨0.76%，标普500指数涨0.23%，纳指跌0.07%。油气板块走高；②加密货币下跌，<a href=\"https://laohu8.com/S/WMT\">沃尔玛</a>称并未与莱特币达成合作协议；③周一美油突破70美元关口 天然气期货创7年半新高。\n</blockquote>\n<p>海外市场</p>\n<p><b>1、纳指连跌四日，油气板块走高</b></p>\n<p>美股周一收盘涨跌不一，纳指连续第4个交易日收跌。道指与标普500指数连续5个交易日下跌后略微反弹。市场关注美国疫情与民主党即将提出的加税方案、以及本周将公布的通胀数据。截至收盘，道指涨0.76%，标普500指数涨0.23%，纳指跌0.07%。油气概念股涨幅居前，休斯顿能源涨超12%，贝利石油涨近8%。</p>\n<p><b>2、热门中概股周一收盘大多走低 <a href=\"https://laohu8.com/S/DADA\">达达集团</a>跌超17%</b></p>\n<p>热门中概股周一收盘大多走低，<a href=\"https://laohu8.com/S/DADA\">达达集团</a>跌超17%；<a href=\"https://laohu8.com/S/ACH\">中国铝业</a>涨超8%，此前LME铝价格触及3000美元。</p>\n<p>热门中概股多数收跌，<a href=\"https://laohu8.com/S/NTES\">网易</a>跌0.04%，<a href=\"https://laohu8.com/S/BIDU\">百度</a>跌0.51%，<a href=\"https://laohu8.com/S/JD\">京东</a>跌0.58%，<a href=\"https://laohu8.com/S/BABA\">阿里巴巴</a>跌1.60%，微博跌2.82%，<a href=\"https://laohu8.com/S/IQ\">爱奇艺</a>跌3.44%，<a href=\"https://laohu8.com/S/BILI\">哔哩哔哩</a>跌3.51%，<a href=\"https://laohu8.com/S/TME\">腾讯音乐</a>跌4.62%，达达集团跌17.45%。<a href=\"https://laohu8.com/S/DIDI\">滴滴</a>涨1.40%，<a href=\"https://laohu8.com/S/PDD\">拼多多</a>涨0.40%。</p>\n<p>其他中概股方面，<a href=\"https://laohu8.com/S/RYB\">红黄蓝</a>涨超8%，雾芯科技跌近11%，<a href=\"https://laohu8.com/S/BILI\">哔哩哔哩</a>、<a href=\"https://laohu8.com/S/IQ\">爱奇艺</a>跌超3%，<a href=\"https://laohu8.com/S/TAL\">好未来</a>跌超2%，陌陌跌近2%，<a href=\"https://laohu8.com/S/BABA\">阿里巴巴</a>、<a href=\"https://laohu8.com/S/00700\">腾讯</a>ADR、<a href=\"https://laohu8.com/S/DOYU\">斗鱼</a>跌超1%。新能源汽车股中，<a href=\"https://laohu8.com/S/NIO\">蔚来</a>汽车涨超1%，<a href=\"https://laohu8.com/S/LI\">理想汽车</a>跌超2%，<a href=\"https://laohu8.com/S/XPEV\">小鹏汽车</a>跌0.5%。</p>\n<p><b>3、欧洲股市周一上涨 石油银行公共事业股票上升</b></p>\n<p>投资者认为欧元区经济复苏势头强劲，将超过全球经济放缓的风险。最终，泛欧斯托克600指数收盘上涨0.26%；德国DAX30指数收盘上涨0.54%；<a href=\"https://laohu8.com/S/VUKE.UK\">英国富时100</a>指数收盘上涨0.52%；法国CAC40指数收盘上涨0.22%。</p>\n<p><b>4、周一美油突破70美元关口 天然气期货创7年半新高</b></p>\n<p>美股WTI原油期货周一近六周以来首次收于每桶70美元上方。天然气期货延续上周的涨势，创2014年2月以来的最高收盘价。最终，WTI10月期货价格上涨73美分，涨幅近1.1%，收于每桶70.45美元，创8月3日以来近月合约的最高收盘价。</p>\n<p><b>5、黄金期货周一收高0.1% 未能站上1800美元关口</b></p>\n<p>美元汇率维持坚挺，使黄金期货涨幅受到限制。最终，纽交所12月交割的黄金期货价格上涨2.30美元，涨幅0.1%，收于每盎司1794.40美元。盘中最低为1784.40美元，最高为1800.20美元。</p>\n<p><b>6、加密货币下跌 <a href=\"https://laohu8.com/S/WMT\">沃尔玛</a>称并未与莱特币达成合作协议</b></p>\n<p>主要加密货币回吐涨幅，因沃尔玛否认有使用莱特币进行购物的协议。莱特币--一度大涨33％--几乎回吐了所有涨幅。截至纽约时间上午11:25，比特币下跌2％，盘中一度上涨约4％。其他数字货币也回落，比特币现金、以太币和柚子币均下跌。</p>\n<p>国际宏观</p>\n<p><b>1、美国众议院民主党人公布税改蓝图，将企业最高税率设定为26.5%</b></p>\n<p>美国众议院民主党人周一公布了一揽子加税方案，但力度不及拜登原先的计划，从而凸显白宫3.5万亿美元经济议程对党内温和派来说在政治上是多么的不确定。</p>\n<p><b>2、</b><a href=\"https://laohu8.com/NW/2167558225\" target=\"_blank\"><b>美国消费者通胀预期创有记录以来最高水平</b></a><b></b></p>\n<p>纽约联储周一发布的一项调查显示，8月份美国消费者对未来一年和未来三年的通胀预期均上升至2013年有记录以来的最高水平。</p>\n<p>该月度调查显示，8月份美国消费者对未来一年的通胀预期上升至5.2%的中值，为连续第10个月走高；未来三年的通胀预期上升至4.0%。该调查于2013年启动，两项指标均创下有史以来的最高水平。</p>\n<p><b>3、美证监会主席暗示对公司债券和资产支持证券从严监管，仍称加密资产为“狂野西部”</b></p>\n<p>相当于美版证监会的美国证券交易委员会（SEC）掌门人Gary Gensler称，自己对加密货币技术持“中性”态度，强调加密货币领域应加强投资者保护，还暗示希望对公司债券和资产支持证券进行更严格的监管。</p>\n<p><b>4、</b><a href=\"https://laohu8.com/NW/2167258121\" target=\"_blank\"><b>OPEC预计今明两年全球对其原油需求将走强</b></a></p>\n<p>根据OPEC周一发布的月度报告，“全球经济复苏和人员出行的大幅增加显著提振了上半年原油需求增长 ，随着2021年末的临近，预计这种动能会有所放缓，但整体趋势依然积极”。</p>\n<p><b>5、英国就脱欧后北爱尔兰问题加大对欧盟的警告</b></p>\n<p>英国就欧盟官员有关北爱尔兰的言论发出反击，警告欧盟“严肃”对待英国政府有关暂停部分脱欧协议的威胁。</p>\n<p><b>6、</b><a href=\"https://laohu8.com/NW/2167846595\" target=\"_blank\"><b>拜登政府强推新冠加强针遇阻 《柳叶刀》刊登科学家们联名反对文章</b></a></p>\n<p>尽管拜登政府已将普及新冠疫苗加强针提上日程，但美国国内仍有不小的反对声浪。国际权威医学期刊《柳叶刀》周一刊登了由一群科学家共同撰写的文章，该文章认为，目前民众无需接种加强针。</p>\n<p><b>7、美国行业组织称民主党计划在2030年前淘汰燃煤发电</b></p>\n<p>一个代表煤炭企业的美国行业组织表示，民主党3.5万亿美元税收和支出计划中，有一项计划将推动公用事业部门使用更多清洁能源并对不按要求实施的部门进行罚款，其目标是到2030年彻底淘汰燃煤发电。</p>\n<p>公司新闻</p>\n<p><b>1、</b><a href=\"https://laohu8.com/NW/1178286584\" target=\"_blank\"><b>支持莱特币付款？CNBC：沃尔玛证实是假消息</b></a></p>\n<p>北京时间周一晚，据彭博报道，沃尔玛宣布用莱特币进行线上付款，莱特币日内涨幅一度扩大至24%，随后收窄至8%，现报198.73美元/枚。30分钟后行情反转，莱特币认证账户删除关于沃尔玛协议的推文。比特币随即暴跌逾2000美元，抹去沃尔玛宣布莱特币支付以来所有涨幅。</p>\n<p><b>2、</b><a href=\"https://laohu8.com/NW/2167153339\" target=\"_blank\"><b>甲骨文第一财季营收不及预期 盘后一度大跌3%</b></a></p>\n<p><a href=\"https://laohu8.com/S/ORCL\">甲骨文</a>股价周一盘后一度大跌3%，最新财报显示该公司第一财季营收不及市场预期。财报显示，甲骨文第一财季调整后每股收益1.03美元，市场预期97美分；营收同比增长4%至97.3亿美元，市场预期97.7亿美元，上一财季营收增幅为8%。</p>\n<p><b>3、</b><a href=\"https://laohu8.com/NW/2167558747\" target=\"_blank\"><b>苹果尚未决定是否对Epic诉苹果的裁决提出上诉</b></a></p>\n<p>苹果公司今天表示，该公司仍在权衡是否对上周的Epic诉苹果反垄断裁决提出上诉。在与记者的通话中，一位代表说，苹果仍在评估其法律选项，尚未就其下一步作出决定。这一立场与Epic形成鲜明对比，后者昨天高调宣布打算上诉。</p>\n<p><b>4、</b><a href=\"https://laohu8.com/NW/2167058278\" target=\"_blank\"><b>华盛顿特区扩大对亚马逊的诉讼范围 涵盖更多商品</b></a></p>\n<p>据报道，华盛顿特区总检察长卡尔·拉辛（Karl Racine）今日扩大了对<a href=\"https://laohu8.com/S/AMZN\">亚马逊</a>的诉讼范围，现包括亚马逊批发购买并直接销售给消费者的商品。</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/b23574aac95526c9e5c62ebc8dd25130","relate_stocks":{"QQQ":"纳指100ETF","WMT":"沃尔玛","QLD":"纳指两倍做多ETF","PSQ":"纳指反向ETF",".IXIC":"NASDAQ Composite","DGAZ":"三倍做空天然气ETN(VelocityShares)","QID":"纳指两倍做空ETF","UGAZ":"三倍做多天然气ETN(VelocityShares)","UNG":"美国天然气基金","03086":"华夏纳指","TQQQ":"纳指三倍做多ETF","SQQQ":"纳指三倍做空ETF"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1110238744","content_text":"摘要：①美股周一收盘涨跌不一，道指涨0.76%，标普500指数涨0.23%，纳指跌0.07%。油气板块走高；②加密货币下跌，沃尔玛称并未与莱特币达成合作协议；③周一美油突破70美元关口 天然气期货创7年半新高。\n\n海外市场\n1、纳指连跌四日，油气板块走高\n美股周一收盘涨跌不一，纳指连续第4个交易日收跌。道指与标普500指数连续5个交易日下跌后略微反弹。市场关注美国疫情与民主党即将提出的加税方案、以及本周将公布的通胀数据。截至收盘，道指涨0.76%，标普500指数涨0.23%，纳指跌0.07%。油气概念股涨幅居前，休斯顿能源涨超12%，贝利石油涨近8%。\n2、热门中概股周一收盘大多走低 达达集团跌超17%\n热门中概股周一收盘大多走低，达达集团跌超17%；中国铝业涨超8%，此前LME铝价格触及3000美元。\n热门中概股多数收跌，网易跌0.04%，百度跌0.51%，京东跌0.58%，阿里巴巴跌1.60%，微博跌2.82%，爱奇艺跌3.44%，哔哩哔哩跌3.51%，腾讯音乐跌4.62%，达达集团跌17.45%。滴滴涨1.40%，拼多多涨0.40%。\n其他中概股方面，红黄蓝涨超8%，雾芯科技跌近11%，哔哩哔哩、爱奇艺跌超3%，好未来跌超2%，陌陌跌近2%，阿里巴巴、腾讯ADR、斗鱼跌超1%。新能源汽车股中，蔚来汽车涨超1%，理想汽车跌超2%，小鹏汽车跌0.5%。\n3、欧洲股市周一上涨 石油银行公共事业股票上升\n投资者认为欧元区经济复苏势头强劲，将超过全球经济放缓的风险。最终，泛欧斯托克600指数收盘上涨0.26%；德国DAX30指数收盘上涨0.54%；英国富时100指数收盘上涨0.52%；法国CAC40指数收盘上涨0.22%。\n4、周一美油突破70美元关口 天然气期货创7年半新高\n美股WTI原油期货周一近六周以来首次收于每桶70美元上方。天然气期货延续上周的涨势，创2014年2月以来的最高收盘价。最终，WTI10月期货价格上涨73美分，涨幅近1.1%，收于每桶70.45美元，创8月3日以来近月合约的最高收盘价。\n5、黄金期货周一收高0.1% 未能站上1800美元关口\n美元汇率维持坚挺，使黄金期货涨幅受到限制。最终，纽交所12月交割的黄金期货价格上涨2.30美元，涨幅0.1%，收于每盎司1794.40美元。盘中最低为1784.40美元，最高为1800.20美元。\n6、加密货币下跌 沃尔玛称并未与莱特币达成合作协议\n主要加密货币回吐涨幅，因沃尔玛否认有使用莱特币进行购物的协议。莱特币--一度大涨33％--几乎回吐了所有涨幅。截至纽约时间上午11:25，比特币下跌2％，盘中一度上涨约4％。其他数字货币也回落，比特币现金、以太币和柚子币均下跌。\n国际宏观\n1、美国众议院民主党人公布税改蓝图，将企业最高税率设定为26.5%\n美国众议院民主党人周一公布了一揽子加税方案，但力度不及拜登原先的计划，从而凸显白宫3.5万亿美元经济议程对党内温和派来说在政治上是多么的不确定。\n2、美国消费者通胀预期创有记录以来最高水平\n纽约联储周一发布的一项调查显示，8月份美国消费者对未来一年和未来三年的通胀预期均上升至2013年有记录以来的最高水平。\n该月度调查显示，8月份美国消费者对未来一年的通胀预期上升至5.2%的中值，为连续第10个月走高；未来三年的通胀预期上升至4.0%。该调查于2013年启动，两项指标均创下有史以来的最高水平。\n3、美证监会主席暗示对公司债券和资产支持证券从严监管，仍称加密资产为“狂野西部”\n相当于美版证监会的美国证券交易委员会（SEC）掌门人Gary Gensler称，自己对加密货币技术持“中性”态度，强调加密货币领域应加强投资者保护，还暗示希望对公司债券和资产支持证券进行更严格的监管。\n4、OPEC预计今明两年全球对其原油需求将走强\n根据OPEC周一发布的月度报告，“全球经济复苏和人员出行的大幅增加显著提振了上半年原油需求增长 ，随着2021年末的临近，预计这种动能会有所放缓，但整体趋势依然积极”。\n5、英国就脱欧后北爱尔兰问题加大对欧盟的警告\n英国就欧盟官员有关北爱尔兰的言论发出反击，警告欧盟“严肃”对待英国政府有关暂停部分脱欧协议的威胁。\n6、拜登政府强推新冠加强针遇阻 《柳叶刀》刊登科学家们联名反对文章\n尽管拜登政府已将普及新冠疫苗加强针提上日程，但美国国内仍有不小的反对声浪。国际权威医学期刊《柳叶刀》周一刊登了由一群科学家共同撰写的文章，该文章认为，目前民众无需接种加强针。\n7、美国行业组织称民主党计划在2030年前淘汰燃煤发电\n一个代表煤炭企业的美国行业组织表示，民主党3.5万亿美元税收和支出计划中，有一项计划将推动公用事业部门使用更多清洁能源并对不按要求实施的部门进行罚款，其目标是到2030年彻底淘汰燃煤发电。\n公司新闻\n1、支持莱特币付款？CNBC：沃尔玛证实是假消息\n北京时间周一晚，据彭博报道，沃尔玛宣布用莱特币进行线上付款，莱特币日内涨幅一度扩大至24%，随后收窄至8%，现报198.73美元/枚。30分钟后行情反转，莱特币认证账户删除关于沃尔玛协议的推文。比特币随即暴跌逾2000美元，抹去沃尔玛宣布莱特币支付以来所有涨幅。\n2、甲骨文第一财季营收不及预期 盘后一度大跌3%\n甲骨文股价周一盘后一度大跌3%，最新财报显示该公司第一财季营收不及市场预期。财报显示，甲骨文第一财季调整后每股收益1.03美元，市场预期97美分；营收同比增长4%至97.3亿美元，市场预期97.7亿美元，上一财季营收增幅为8%。\n3、苹果尚未决定是否对Epic诉苹果的裁决提出上诉\n苹果公司今天表示，该公司仍在权衡是否对上周的Epic诉苹果反垄断裁决提出上诉。在与记者的通话中，一位代表说，苹果仍在评估其法律选项，尚未就其下一步作出决定。这一立场与Epic形成鲜明对比，后者昨天高调宣布打算上诉。\n4、华盛顿特区扩大对亚马逊的诉讼范围 涵盖更多商品\n据报道，华盛顿特区总检察长卡尔·拉辛（Karl Racine）今日扩大了对亚马逊的诉讼范围，现包括亚马逊批发购买并直接销售给消费者的商品。","news_type":1},"isVote":1,"tweetType":1,"viewCount":512,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":816631726,"gmtCreate":1630494182765,"gmtModify":1676530319207,"author":{"id":"3581485181983823","authorId":"3581485181983823","name":"Joel0712","avatar":"https://community-static.tradeup.com/news/d88d0d4b1d64806be714578e542b4f97","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581485181983823","authorIdStr":"3581485181983823"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/816631726","repostId":"1114096205","repostType":4,"isVote":1,"tweetType":1,"viewCount":463,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}