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afai123
afai123
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2022-07-07
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Why a Rally in Growth Stocks Could Signal "Peak" Fed Hawkishness Has Passed
If tech can sustain outperformance that will mean the market thinks the Fed has passed 'peak hawkish
Why a Rally in Growth Stocks Could Signal "Peak" Fed Hawkishness Has Passed
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2022-07-06
Wait for the right time
Apple Stock: Buy in July?
Apple stock is down 25% in 2022 alone. However, July has historically been a good month for the tech giant.
Apple Stock: Buy in July?
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afai123
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2022-07-05
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Novavax Gets EC Approval for Nuvaxovid Use in Ages 12-17
Novavax Inc. said Tuesday that the European Commission has approved the expanded conditional marketi
Novavax Gets EC Approval for Nuvaxovid Use in Ages 12-17
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afai123
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2022-07-04
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2022-06-30
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Micron's Weak Outlook Sparks Concerns of Chip Down Cycle
June 30 (Reuters) - Micron Technology Inc projected fourth-quarter revenue and profit below market e
Micron's Weak Outlook Sparks Concerns of Chip Down Cycle
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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":1657149693,"share":"https://ttm.financial/m/news/2249546463?lang=&edition=full_marsco","pubTime":"2022-07-07 07:21","market":"us","language":"en","title":"Why a Rally in Growth Stocks Could Signal \"Peak\" Fed Hawkishness Has Passed","url":"https://stock-news.laohu8.com/highlight/detail?id=2249546463","media":"Dow Jones","summary":"If tech can sustain outperformance that will mean the market thinks the Fed has passed 'peak hawkish","content":"<html><head></head><body><p>If tech can sustain outperformance that will mean the market thinks the Fed has passed 'peak hawkishness,' according to Sevens Report</p><p>Growth stocks have outperformed value equities recently as investors begin to question if the Federal Reserve has passed peak hawkishness already with its plans to raise rates to combat high inflation.</p><p>Recent bets on fed-funds futures have pointed toward a potential pivot back to rate cuts at some point next year, while 10-year yields on U.S. government debt have fallen below 3%. Corporate bond spreads have widened as recession worries bubble up. But thedecline in Treasury yields appears to be giving a lift to technology and other growth stocks over value-oriented equities.</p><p>"While it's too early to declare the value outperformance 'over,' we do think the outperformance of tech recently is notable, because if it continues that will be a strong signal that the market is now looking past future rates hikes towards eventual rate cuts in 2023," said Tom Essaye, founder of Sevens Report Research, in a note Wednesday. "If tech can mount sustained outperformance that will tell us the market thinks the Fed has passed 'peak hawkishness.'"</p><p>Long-term Treasury yields have been falling recently because investors are worried that the U.S. economy is slowing and "a recession is a distinct possibility," said Tom Graff, head of investments at Facet Wealth, by phone.</p><p>The yield on the 10-year Treasury note jumped as high as about 3.482% in June, before falling Tuesday to 2.808%--the lowest since May 27 based on 3 p.m. Eastern Time levels, according to Dow Jones Market Data. That compares with a yield of about 1.5% at the end of 2021, when investors were anticipating that the Fed was gearing up to hike its benchmark rate to curb hot inflation.</p><p>The Fed raised its benchmark rate in March for the first time since 2018, lifting it a quarter percentage point from near zero while laying out plans for further increases as inflation was running at the hottest pace in 40 years. Since then, the central bank has become more hawkish, announcing larger rate hikes as the cost of living has remained stubbornly high.</p><p>That has made investors anxious that the Fed risks causing a recession by potentially being too aggressive to bring runaway inflation under control.</p><p>Read:Fed's Waller backs another jumbo 75 bp interest-rate hike in July</p><p>But now slowing growth has some investors questioning how long the Fed will continue on an aggressive path of monetary tightening, even though it began hiking rates just this year.</p><h2>Recession worries</h2><p>The yield curve spread between 10-year and 2-year Treasury rates briefly inverted on July 5 for the first time since mid-June, another sign that the U.S. may be facing a recession, although this time against a backdrop of declining rates, according to Graff. The yield curve was inverted on Wednesday afternoon, with two-year yields slightly higher than 10-year rates , FactSet data show.</p><p>In Graff's view, the corporate bond market also has been flashing recession concerns.</p><p>"Investment-grade corporate spreads are about as wide as they've been any time" outside of a recession in the last 25 years, said Graff. That doesn't mean there's "100% odds" of an economic contraction, he said, "but it's definitely clearly showing credit markets think there's a risk."</p><p>Spreads over Treasurys for high-yield debt, or junk bonds, have similarly increased, according to Graff.</p><p>"U.S. corporate bond spreads continue to move higher even though 10-year Treasury yields peaked 3 weeks ago," said Nicholas Colas, co-founder of DataTrek Research, in a note emailed July 6. "Spreads tend to rise when markets are increasingly uncertain about future corporate cash flows, and that has been the case most of this year."</p><p>Investors worry about cash flows drying up in an economic slowdown as that may hinder companies from reinvesting in their businesses, or make it more difficult for cash-strapped borrowers to meet their financial obligations.</p><p>The U.S. stock market has sunk this year after a repricing of valuations that looked stretched as rates rose. Growth stocks, including shares of technology-related companies, have taken a steep drop in 2022.The tech-heavy Nasdaq Composite plunged 29.5% during the first half of this year, while the S&P 500 dropped 20.6%.</p><p>Growth stocks are particularly sensitive to rising rates as their anticipated cash flow streams are far out into the future. But with rates recently falling amid recession concerns, they've recently been gaining ground after being trounced by value-style bets over a stretch that began late last year.</p><p>Since June 10, the Russell 1000 Growth Index has eked out a gain of 0.5% through Wednesday, while the Russell 1000 Value Index dropped about 3.7% over the same period, FactSet data show.</p><p>Upcoming company earnings reports for the second quarter should give investors a "clearer picture" of what companies expect in terms of demand for their goods and services in the second half of 2022, as well as which direction stocks will be headed, according to Graff.</p><p>"Some amount of earnings slowdown is priced in," he said of the equities market. "In our view, if earnings are mildly lower in the second half but companies see them rebounding in '23, that's probably a pretty good outcome for stocks."</p><p>In prior recessions, the average earnings drop for the S&P 500 was 13%, with the global financial crisis, or GFC, skewing the results, according to Tony DeSpirito, BlackRock's chief investment officer for U.S. fundamental equities. A chart in his third-quarter outlook report illustrates this finding.</p><p>"We are not calling for a recession, but we are cognizant that the risks of a recession are rising," DeSpirito said in the note. "The Fed is tightening monetary policy, bringing an end to 'easy money' policies," he said, while 30-year mortgage rates have about doubled since last year to nearly 6% today, inflation is starting to "erode household savings" and "inventories of goods are elevated as both pandemic-induced supply shortages and voracious demand ease."</p><p>All three major U.S. stock benchmarks ended Wednesday higher after the release of minutes of the Fed's last policy meeting. The S&P 500 gained 0.4%, while the Nasdaq Composite rose 0.3% and the Dow Jones Industrial Average edged up 0.2%, according to Dow Jones Market Data.</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 a Rally in Growth Stocks Could Signal \"Peak\" Fed Hawkishness Has Passed</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 a Rally in Growth Stocks Could Signal \"Peak\" Fed Hawkishness Has Passed\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\">2022-07-07 07:21</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>If tech can sustain outperformance that will mean the market thinks the Fed has passed 'peak hawkishness,' according to Sevens Report</p><p>Growth stocks have outperformed value equities recently as investors begin to question if the Federal Reserve has passed peak hawkishness already with its plans to raise rates to combat high inflation.</p><p>Recent bets on fed-funds futures have pointed toward a potential pivot back to rate cuts at some point next year, while 10-year yields on U.S. government debt have fallen below 3%. Corporate bond spreads have widened as recession worries bubble up. But thedecline in Treasury yields appears to be giving a lift to technology and other growth stocks over value-oriented equities.</p><p>"While it's too early to declare the value outperformance 'over,' we do think the outperformance of tech recently is notable, because if it continues that will be a strong signal that the market is now looking past future rates hikes towards eventual rate cuts in 2023," said Tom Essaye, founder of Sevens Report Research, in a note Wednesday. "If tech can mount sustained outperformance that will tell us the market thinks the Fed has passed 'peak hawkishness.'"</p><p>Long-term Treasury yields have been falling recently because investors are worried that the U.S. economy is slowing and "a recession is a distinct possibility," said Tom Graff, head of investments at Facet Wealth, by phone.</p><p>The yield on the 10-year Treasury note jumped as high as about 3.482% in June, before falling Tuesday to 2.808%--the lowest since May 27 based on 3 p.m. Eastern Time levels, according to Dow Jones Market Data. That compares with a yield of about 1.5% at the end of 2021, when investors were anticipating that the Fed was gearing up to hike its benchmark rate to curb hot inflation.</p><p>The Fed raised its benchmark rate in March for the first time since 2018, lifting it a quarter percentage point from near zero while laying out plans for further increases as inflation was running at the hottest pace in 40 years. Since then, the central bank has become more hawkish, announcing larger rate hikes as the cost of living has remained stubbornly high.</p><p>That has made investors anxious that the Fed risks causing a recession by potentially being too aggressive to bring runaway inflation under control.</p><p>Read:Fed's Waller backs another jumbo 75 bp interest-rate hike in July</p><p>But now slowing growth has some investors questioning how long the Fed will continue on an aggressive path of monetary tightening, even though it began hiking rates just this year.</p><h2>Recession worries</h2><p>The yield curve spread between 10-year and 2-year Treasury rates briefly inverted on July 5 for the first time since mid-June, another sign that the U.S. may be facing a recession, although this time against a backdrop of declining rates, according to Graff. The yield curve was inverted on Wednesday afternoon, with two-year yields slightly higher than 10-year rates , FactSet data show.</p><p>In Graff's view, the corporate bond market also has been flashing recession concerns.</p><p>"Investment-grade corporate spreads are about as wide as they've been any time" outside of a recession in the last 25 years, said Graff. That doesn't mean there's "100% odds" of an economic contraction, he said, "but it's definitely clearly showing credit markets think there's a risk."</p><p>Spreads over Treasurys for high-yield debt, or junk bonds, have similarly increased, according to Graff.</p><p>"U.S. corporate bond spreads continue to move higher even though 10-year Treasury yields peaked 3 weeks ago," said Nicholas Colas, co-founder of DataTrek Research, in a note emailed July 6. "Spreads tend to rise when markets are increasingly uncertain about future corporate cash flows, and that has been the case most of this year."</p><p>Investors worry about cash flows drying up in an economic slowdown as that may hinder companies from reinvesting in their businesses, or make it more difficult for cash-strapped borrowers to meet their financial obligations.</p><p>The U.S. stock market has sunk this year after a repricing of valuations that looked stretched as rates rose. Growth stocks, including shares of technology-related companies, have taken a steep drop in 2022.The tech-heavy Nasdaq Composite plunged 29.5% during the first half of this year, while the S&P 500 dropped 20.6%.</p><p>Growth stocks are particularly sensitive to rising rates as their anticipated cash flow streams are far out into the future. But with rates recently falling amid recession concerns, they've recently been gaining ground after being trounced by value-style bets over a stretch that began late last year.</p><p>Since June 10, the Russell 1000 Growth Index has eked out a gain of 0.5% through Wednesday, while the Russell 1000 Value Index dropped about 3.7% over the same period, FactSet data show.</p><p>Upcoming company earnings reports for the second quarter should give investors a "clearer picture" of what companies expect in terms of demand for their goods and services in the second half of 2022, as well as which direction stocks will be headed, according to Graff.</p><p>"Some amount of earnings slowdown is priced in," he said of the equities market. "In our view, if earnings are mildly lower in the second half but companies see them rebounding in '23, that's probably a pretty good outcome for stocks."</p><p>In prior recessions, the average earnings drop for the S&P 500 was 13%, with the global financial crisis, or GFC, skewing the results, according to Tony DeSpirito, BlackRock's chief investment officer for U.S. fundamental equities. A chart in his third-quarter outlook report illustrates this finding.</p><p>"We are not calling for a recession, but we are cognizant that the risks of a recession are rising," DeSpirito said in the note. "The Fed is tightening monetary policy, bringing an end to 'easy money' policies," he said, while 30-year mortgage rates have about doubled since last year to nearly 6% today, inflation is starting to "erode household savings" and "inventories of goods are elevated as both pandemic-induced supply shortages and voracious demand ease."</p><p>All three major U.S. stock benchmarks ended Wednesday higher after the release of minutes of the Fed's last policy meeting. The S&P 500 gained 0.4%, while the Nasdaq Composite rose 0.3% and the Dow Jones Industrial Average edged up 0.2%, according to Dow Jones Market Data.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2249546463","content_text":"If tech can sustain outperformance that will mean the market thinks the Fed has passed 'peak hawkishness,' according to Sevens ReportGrowth stocks have outperformed value equities recently as investors begin to question if the Federal Reserve has passed peak hawkishness already with its plans to raise rates to combat high inflation.Recent bets on fed-funds futures have pointed toward a potential pivot back to rate cuts at some point next year, while 10-year yields on U.S. government debt have fallen below 3%. Corporate bond spreads have widened as recession worries bubble up. But thedecline in Treasury yields appears to be giving a lift to technology and other growth stocks over value-oriented equities.\"While it's too early to declare the value outperformance 'over,' we do think the outperformance of tech recently is notable, because if it continues that will be a strong signal that the market is now looking past future rates hikes towards eventual rate cuts in 2023,\" said Tom Essaye, founder of Sevens Report Research, in a note Wednesday. \"If tech can mount sustained outperformance that will tell us the market thinks the Fed has passed 'peak hawkishness.'\"Long-term Treasury yields have been falling recently because investors are worried that the U.S. economy is slowing and \"a recession is a distinct possibility,\" said Tom Graff, head of investments at Facet Wealth, by phone.The yield on the 10-year Treasury note jumped as high as about 3.482% in June, before falling Tuesday to 2.808%--the lowest since May 27 based on 3 p.m. Eastern Time levels, according to Dow Jones Market Data. That compares with a yield of about 1.5% at the end of 2021, when investors were anticipating that the Fed was gearing up to hike its benchmark rate to curb hot inflation.The Fed raised its benchmark rate in March for the first time since 2018, lifting it a quarter percentage point from near zero while laying out plans for further increases as inflation was running at the hottest pace in 40 years. Since then, the central bank has become more hawkish, announcing larger rate hikes as the cost of living has remained stubbornly high.That has made investors anxious that the Fed risks causing a recession by potentially being too aggressive to bring runaway inflation under control.Read:Fed's Waller backs another jumbo 75 bp interest-rate hike in JulyBut now slowing growth has some investors questioning how long the Fed will continue on an aggressive path of monetary tightening, even though it began hiking rates just this year.Recession worriesThe yield curve spread between 10-year and 2-year Treasury rates briefly inverted on July 5 for the first time since mid-June, another sign that the U.S. may be facing a recession, although this time against a backdrop of declining rates, according to Graff. The yield curve was inverted on Wednesday afternoon, with two-year yields slightly higher than 10-year rates , FactSet data show.In Graff's view, the corporate bond market also has been flashing recession concerns.\"Investment-grade corporate spreads are about as wide as they've been any time\" outside of a recession in the last 25 years, said Graff. That doesn't mean there's \"100% odds\" of an economic contraction, he said, \"but it's definitely clearly showing credit markets think there's a risk.\"Spreads over Treasurys for high-yield debt, or junk bonds, have similarly increased, according to Graff.\"U.S. corporate bond spreads continue to move higher even though 10-year Treasury yields peaked 3 weeks ago,\" said Nicholas Colas, co-founder of DataTrek Research, in a note emailed July 6. \"Spreads tend to rise when markets are increasingly uncertain about future corporate cash flows, and that has been the case most of this year.\"Investors worry about cash flows drying up in an economic slowdown as that may hinder companies from reinvesting in their businesses, or make it more difficult for cash-strapped borrowers to meet their financial obligations.The U.S. stock market has sunk this year after a repricing of valuations that looked stretched as rates rose. Growth stocks, including shares of technology-related companies, have taken a steep drop in 2022.The tech-heavy Nasdaq Composite plunged 29.5% during the first half of this year, while the S&P 500 dropped 20.6%.Growth stocks are particularly sensitive to rising rates as their anticipated cash flow streams are far out into the future. But with rates recently falling amid recession concerns, they've recently been gaining ground after being trounced by value-style bets over a stretch that began late last year.Since June 10, the Russell 1000 Growth Index has eked out a gain of 0.5% through Wednesday, while the Russell 1000 Value Index dropped about 3.7% over the same period, FactSet data show.Upcoming company earnings reports for the second quarter should give investors a \"clearer picture\" of what companies expect in terms of demand for their goods and services in the second half of 2022, as well as which direction stocks will be headed, according to Graff.\"Some amount of earnings slowdown is priced in,\" he said of the equities market. \"In our view, if earnings are mildly lower in the second half but companies see them rebounding in '23, that's probably a pretty good outcome for stocks.\"In prior recessions, the average earnings drop for the S&P 500 was 13%, with the global financial crisis, or GFC, skewing the results, according to Tony DeSpirito, BlackRock's chief investment officer for U.S. fundamental equities. A chart in his third-quarter outlook report illustrates this finding.\"We are not calling for a recession, but we are cognizant that the risks of a recession are rising,\" DeSpirito said in the note. \"The Fed is tightening monetary policy, bringing an end to 'easy money' policies,\" he said, while 30-year mortgage rates have about doubled since last year to nearly 6% today, inflation is starting to \"erode household savings\" and \"inventories of goods are elevated as both pandemic-induced supply shortages and voracious demand ease.\"All three major U.S. stock benchmarks ended Wednesday higher after the release of minutes of the Fed's last policy meeting. The S&P 500 gained 0.4%, while the Nasdaq Composite rose 0.3% and the Dow Jones Industrial Average edged up 0.2%, according to Dow Jones Market Data.","news_type":1},"isVote":1,"tweetType":1,"viewCount":389,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9070782996,"gmtCreate":1657108876715,"gmtModify":1676535950505,"author":{"id":"4110808193746402","authorId":"4110808193746402","name":"afai123","avatar":"https://community-static.tradeup.com/news/4da4495245f7766ea1651f4fabd1a01f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4110808193746402","idStr":"4110808193746402"},"themes":[],"htmlText":"Wait for the right time","listText":"Wait for the right time","text":"Wait for the right time","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9070782996","repostId":"1155860056","repostType":4,"repost":{"id":"1155860056","kind":"news","pubTimestamp":1657090524,"share":"https://ttm.financial/m/news/1155860056?lang=&edition=full_marsco","pubTime":"2022-07-06 14:55","market":"us","language":"en","title":"Apple Stock: Buy in July?","url":"https://stock-news.laohu8.com/highlight/detail?id=1155860056","media":"The Street","summary":"Apple stock is down 25% in 2022 alone. However, July has historically been a good month for the tech giant.","content":"<html><head></head><body><p>The year 2022 has not been kind to the equities market, especially tech and growth stocks. With US stocks officially in a bear market, high inflation and rising interest rates are raising concerns about a looming recession.</p><p>Even tech behemoth Apple has not been able to avoid the market carnage. Shares are down nearly 25% YTD.</p><p>But July has tended to be one of the best returning months for the Cupertino, California-based company. So, is now a good time to buy Apple?</p><h3>AAPL’s Calendar Trends</h3><p>Historically, there are reasons to be excited about AAPL in July and August. Apple stock's outperformance over the S&P 500 in the last decade has been a solid 5% on average. And during the past five years, only once has AAPL trailed the market in July - and that was by less than -1%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/748de568768fa6336a37daaa771000c5\" tg-width=\"700\" tg-height=\"232\" referrerpolicy=\"no-referrer\"/><span>Figure 2: Apple's average monthly returns vs. S&P 500.</span></p><p>Why the strong performance during midsummer? Historically, sentiment around Apple has spiked ahead of two important calendar events: 1) the launch of the new iPhone in September and 2) the holiday shopping season.</p><p>Since the launch of the very first iPhone in 2007, the two months leading up to the iPhone’s annual model update (July and August) have shown returns of 6.7% and 5.3%. It is during these months that investors start setting their expectations on Apple’s core product demand.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f1748be939e7c79d618ad49ebad5a92b\" tg-width=\"682\" tg-height=\"357\" referrerpolicy=\"no-referrer\"/><span>Figure 3: AAPL average monthly return since iPhone launch.</span></p><p>And it is towards the end of the third calendar quarter when financial results are most likely to reflect the strengthened demand for Apple's products and services. Past trends, however, have shown that the market usually prices in those increased strengths in the months preceding Q3.</p><p>Indeed, the hype over Apple’s fall announcements often becomes too frothy. Traders tend to “sell the news,” when it does eventually arrive. This is one of the reasons that AAPL stock has historically declined or broken even with the S&P 500 between September and December.</p><p>However, this time around, there is strong macro pressure bearing down on iPhone demand. High inflation has been bringing down consumer confidence.</p><p>According to the latest data from June, The Conference Board's consumer confidence index suffered a 4.5-point loss, sinking to 98.7 for the month. That’s the lowest level since February of 2021.</p><h3>Wall Street Looks Past June, Sets Its Sights on the iPhone 14 Launch</h3><p>Chinese lockdowns, stemming from Xi Jinping’s Zero-Covid policy, have been a major concern on Wall Street lately. Lockdowns are forecast to cut Apple's revenue by between $4 billion and $8 billion for this quarter, according to guidance provided by Cook & Co.</p><p>However, according to Wedbush analyst Dan Ives, the problems in China probably peaked in June, meaning the worst may be over.</p><p>Ives also believes that Wall Street is well aware of the weakness Apple will face this quarter. He sees smart investors looking past Apple’s June numbers and instead focusing on September and December quarters as well as iPhone 14 production and demand numbers.</p><p>The Wedbush analyst further stated that Apple's installed base will help it continue to navigate macro storms with success.</p><p>Finally, Ives said some investors are likely underestimating the iPhone upgrade cycle - roughly 240 million of Apple's 1 billion iPhone users have not upgraded their phones to a new model in the past 3.5 years. Should those users upgrade soon, that could mean a sizable chunk of revenue for Apple.</p></body></html>","source":"lsy1610613172068","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Stock: Buy in July?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Stock: Buy in July?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-06 14:55 GMT+8 <a href=https://www.thestreet.com/apple/stock/buy-apple-stock-in-july><strong>The Street</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The year 2022 has not been kind to the equities market, especially tech and growth stocks. With US stocks officially in a bear market, high inflation and rising interest rates are raising concerns ...</p>\n\n<a href=\"https://www.thestreet.com/apple/stock/buy-apple-stock-in-july\">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.thestreet.com/apple/stock/buy-apple-stock-in-july","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155860056","content_text":"The year 2022 has not been kind to the equities market, especially tech and growth stocks. With US stocks officially in a bear market, high inflation and rising interest rates are raising concerns about a looming recession.Even tech behemoth Apple has not been able to avoid the market carnage. Shares are down nearly 25% YTD.But July has tended to be one of the best returning months for the Cupertino, California-based company. So, is now a good time to buy Apple?AAPL’s Calendar TrendsHistorically, there are reasons to be excited about AAPL in July and August. Apple stock's outperformance over the S&P 500 in the last decade has been a solid 5% on average. And during the past five years, only once has AAPL trailed the market in July - and that was by less than -1%.Figure 2: Apple's average monthly returns vs. S&P 500.Why the strong performance during midsummer? Historically, sentiment around Apple has spiked ahead of two important calendar events: 1) the launch of the new iPhone in September and 2) the holiday shopping season.Since the launch of the very first iPhone in 2007, the two months leading up to the iPhone’s annual model update (July and August) have shown returns of 6.7% and 5.3%. It is during these months that investors start setting their expectations on Apple’s core product demand.Figure 3: AAPL average monthly return since iPhone launch.And it is towards the end of the third calendar quarter when financial results are most likely to reflect the strengthened demand for Apple's products and services. Past trends, however, have shown that the market usually prices in those increased strengths in the months preceding Q3.Indeed, the hype over Apple’s fall announcements often becomes too frothy. Traders tend to “sell the news,” when it does eventually arrive. This is one of the reasons that AAPL stock has historically declined or broken even with the S&P 500 between September and December.However, this time around, there is strong macro pressure bearing down on iPhone demand. High inflation has been bringing down consumer confidence.According to the latest data from June, The Conference Board's consumer confidence index suffered a 4.5-point loss, sinking to 98.7 for the month. That’s the lowest level since February of 2021.Wall Street Looks Past June, Sets Its Sights on the iPhone 14 LaunchChinese lockdowns, stemming from Xi Jinping’s Zero-Covid policy, have been a major concern on Wall Street lately. Lockdowns are forecast to cut Apple's revenue by between $4 billion and $8 billion for this quarter, according to guidance provided by Cook & Co.However, according to Wedbush analyst Dan Ives, the problems in China probably peaked in June, meaning the worst may be over.Ives also believes that Wall Street is well aware of the weakness Apple will face this quarter. He sees smart investors looking past Apple’s June numbers and instead focusing on September and December quarters as well as iPhone 14 production and demand numbers.The Wedbush analyst further stated that Apple's installed base will help it continue to navigate macro storms with success.Finally, Ives said some investors are likely underestimating the iPhone upgrade cycle - roughly 240 million of Apple's 1 billion iPhone users have not upgraded their phones to a new model in the past 3.5 years. Should those users upgrade soon, that could mean a sizable chunk of revenue for Apple.","news_type":1},"isVote":1,"tweetType":1,"viewCount":326,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9070881245,"gmtCreate":1657042625187,"gmtModify":1676535937394,"author":{"id":"4110808193746402","authorId":"4110808193746402","name":"afai123","avatar":"https://community-static.tradeup.com/news/4da4495245f7766ea1651f4fabd1a01f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4110808193746402","idStr":"4110808193746402"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9070881245","repostId":"1149123897","repostType":4,"repost":{"id":"1149123897","kind":"news","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":1,"media_name":"Dow Jones","id":"1012688067","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1657029202,"share":"https://ttm.financial/m/news/1149123897?lang=&edition=full_marsco","pubTime":"2022-07-05 21:53","market":"us","language":"en","title":"Novavax Gets EC Approval for Nuvaxovid Use in Ages 12-17","url":"https://stock-news.laohu8.com/highlight/detail?id=1149123897","media":"Dow Jones","summary":"Novavax Inc. said Tuesday that the European Commission has approved the expanded conditional marketi","content":"<html><head></head><body><p>Novavax Inc. said Tuesday that the European Commission has approved the expanded conditional marketing authorization of Nuvaxovid NVX-CoV2373 Covid-19 vaccine in the EU for adolescents aged 12 through 17.</p><p>The approval follows the positive recommendation made by the European Medicines Agency's Committee for Medicinal Products for Human Use on June 23.</p><p>The authorization was based on data from the ongoing pediatric expansion of a Phase 3 trial of Nuvaxovid in the U.S. Nuvaxovid achieved its primary effectiveness endpoint and demonstrated 80% clinical efficacy at a time when the Delta variant was the predominant strain in the U.S., the company said.</p><p>NVX-CoV2373 hasn't been authorized for use in the U.S., and the trade name Nuvaxovid hasn't been approved by the U.S. Food and Drug Administration.</p><p>Novavax shares rose 6% to $60.67 after finishing Friday's session up 11%.<img src=\"https://static.tigerbbs.com/50bba73b749330ba12f507522609768d\" tg-width=\"785\" tg-height=\"672\" 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>Novavax Gets EC Approval for Nuvaxovid Use in Ages 12-17</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\">\nNovavax Gets EC Approval for Nuvaxovid Use in Ages 12-17\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1012688067\">\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\">2022-07-05 21:53</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Novavax Inc. said Tuesday that the European Commission has approved the expanded conditional marketing authorization of Nuvaxovid NVX-CoV2373 Covid-19 vaccine in the EU for adolescents aged 12 through 17.</p><p>The approval follows the positive recommendation made by the European Medicines Agency's Committee for Medicinal Products for Human Use on June 23.</p><p>The authorization was based on data from the ongoing pediatric expansion of a Phase 3 trial of Nuvaxovid in the U.S. Nuvaxovid achieved its primary effectiveness endpoint and demonstrated 80% clinical efficacy at a time when the Delta variant was the predominant strain in the U.S., the company said.</p><p>NVX-CoV2373 hasn't been authorized for use in the U.S., and the trade name Nuvaxovid hasn't been approved by the U.S. Food and Drug Administration.</p><p>Novavax shares rose 6% to $60.67 after finishing Friday's session up 11%.<img src=\"https://static.tigerbbs.com/50bba73b749330ba12f507522609768d\" tg-width=\"785\" tg-height=\"672\" width=\"100%\" height=\"auto\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVAX":"诺瓦瓦克斯医药"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149123897","content_text":"Novavax Inc. said Tuesday that the European Commission has approved the expanded conditional marketing authorization of Nuvaxovid NVX-CoV2373 Covid-19 vaccine in the EU for adolescents aged 12 through 17.The approval follows the positive recommendation made by the European Medicines Agency's Committee for Medicinal Products for Human Use on June 23.The authorization was based on data from the ongoing pediatric expansion of a Phase 3 trial of Nuvaxovid in the U.S. Nuvaxovid achieved its primary effectiveness endpoint and demonstrated 80% clinical efficacy at a time when the Delta variant was the predominant strain in the U.S., the company said.NVX-CoV2373 hasn't been authorized for use in the U.S., and the trade name Nuvaxovid hasn't been approved by the U.S. Food and Drug Administration.Novavax shares rose 6% to $60.67 after finishing Friday's session up 11%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":140,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9047517346,"gmtCreate":1656942324385,"gmtModify":1676535919306,"author":{"id":"4110808193746402","authorId":"4110808193746402","name":"afai123","avatar":"https://community-static.tradeup.com/news/4da4495245f7766ea1651f4fabd1a01f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4110808193746402","idStr":"4110808193746402"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9047517346","repostId":"2248313616","repostType":4,"isVote":1,"tweetType":1,"viewCount":228,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9045269278,"gmtCreate":1656630523595,"gmtModify":1676535864988,"author":{"id":"4110808193746402","authorId":"4110808193746402","name":"afai123","avatar":"https://community-static.tradeup.com/news/4da4495245f7766ea1651f4fabd1a01f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4110808193746402","idStr":"4110808193746402"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9045269278","repostId":"2248854531","repostType":4,"repost":{"id":"2248854531","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":1656628640,"share":"https://ttm.financial/m/news/2248854531?lang=&edition=full_marsco","pubTime":"2022-07-01 06:37","market":"us","language":"en","title":"Micron's Weak Outlook Sparks Concerns of Chip Down Cycle","url":"https://stock-news.laohu8.com/highlight/detail?id=2248854531","media":"Reuters","summary":"June 30 (Reuters) - Micron Technology Inc projected fourth-quarter revenue and profit below market e","content":"<html><head></head><body><p>June 30 (Reuters) - Micron Technology Inc projected fourth-quarter revenue and profit below market estimates on Thursday, a sign that geopolitical turmoil and weakness in consumer spending would weigh on demand for its memory chips.</p><p>Shares of the Boise, Idaho-based company initially fell 6.3% in extended trading but later pared losses to trade 2.2% lower. The weak outlook could raise broader concern the chip market is heading into a down cycle after a recent shortage.</p><p><img src=\"https://static.tigerbbs.com/66c5d5c3a337646c0898ad012ee785ca\" tg-width=\"853\" tg-height=\"621\" referrerpolicy=\"no-referrer\"/></p><p>Micron forecast adjusted revenue for the current quarter at $7.2 billion, plus or minus $400 million. Analysts on average expected a figure of $9.05 billion, according to Refinitiv IBES data.</p><p>“We believe that demand has weakened considerably and we've seen that even in the areas that have been significantly constrained," Nikolay Todorov, analyst at Longbow Research, said. “Micron will essentially start or signal that the semiconductor cycle is turning.”</p><p>The outlook for memory chip makers has worsened in recent months as surging inflation, China's cooling economy and the Russia-Ukraine war hit consumer spending on smartphones and personal computers, a crucial market for the industry.</p><p>That has driven down chip prices and led to a buildup of inventories, with research firm TrendForce estimating a 3% to 8% drop in prices of DRAM chips during the third quarter of 2022.</p><p>“Recently, the industry demand environment has weakened, and we are taking action to moderate our supply growth in fiscal 2023," said Micron Chief Executive Sanjay Mehrotra in the earnings release. "We are confident about the long-term secular demand for memory and storage and are well positioned to deliver strong cross-cycle financial performance.”</p><p>DRAM chips - widely used in data centers, personal computers and other devices - account for two-thirds of Micron's revenue, and the company also makes NAND memory chips that serve the data storage market.</p><p>The company expects adjusted profit for the quarter of $1.63 per share, plus or minus 20 cents, compared with estimates of $2.57 per share.</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>Micron's Weak Outlook Sparks Concerns of Chip Down Cycle</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\">\nMicron's Weak Outlook Sparks Concerns of Chip Down Cycle\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\">2022-07-01 06:37</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>June 30 (Reuters) - Micron Technology Inc projected fourth-quarter revenue and profit below market estimates on Thursday, a sign that geopolitical turmoil and weakness in consumer spending would weigh on demand for its memory chips.</p><p>Shares of the Boise, Idaho-based company initially fell 6.3% in extended trading but later pared losses to trade 2.2% lower. The weak outlook could raise broader concern the chip market is heading into a down cycle after a recent shortage.</p><p><img src=\"https://static.tigerbbs.com/66c5d5c3a337646c0898ad012ee785ca\" tg-width=\"853\" tg-height=\"621\" referrerpolicy=\"no-referrer\"/></p><p>Micron forecast adjusted revenue for the current quarter at $7.2 billion, plus or minus $400 million. Analysts on average expected a figure of $9.05 billion, according to Refinitiv IBES data.</p><p>“We believe that demand has weakened considerably and we've seen that even in the areas that have been significantly constrained," Nikolay Todorov, analyst at Longbow Research, said. “Micron will essentially start or signal that the semiconductor cycle is turning.”</p><p>The outlook for memory chip makers has worsened in recent months as surging inflation, China's cooling economy and the Russia-Ukraine war hit consumer spending on smartphones and personal computers, a crucial market for the industry.</p><p>That has driven down chip prices and led to a buildup of inventories, with research firm TrendForce estimating a 3% to 8% drop in prices of DRAM chips during the third quarter of 2022.</p><p>“Recently, the industry demand environment has weakened, and we are taking action to moderate our supply growth in fiscal 2023," said Micron Chief Executive Sanjay Mehrotra in the earnings release. "We are confident about the long-term secular demand for memory and storage and are well positioned to deliver strong cross-cycle financial performance.”</p><p>DRAM chips - widely used in data centers, personal computers and other devices - account for two-thirds of Micron's revenue, and the company also makes NAND memory chips that serve the data storage market.</p><p>The company expects adjusted profit for the quarter of $1.63 per share, plus or minus 20 cents, compared with estimates of $2.57 per share.</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":"2248854531","content_text":"June 30 (Reuters) - Micron Technology Inc projected fourth-quarter revenue and profit below market estimates on Thursday, a sign that geopolitical turmoil and weakness in consumer spending would weigh on demand for its memory chips.Shares of the Boise, Idaho-based company initially fell 6.3% in extended trading but later pared losses to trade 2.2% lower. The weak outlook could raise broader concern the chip market is heading into a down cycle after a recent shortage.Micron forecast adjusted revenue for the current quarter at $7.2 billion, plus or minus $400 million. Analysts on average expected a figure of $9.05 billion, according to Refinitiv IBES data.“We believe that demand has weakened considerably and we've seen that even in the areas that have been significantly constrained,\" Nikolay Todorov, analyst at Longbow Research, said. “Micron will essentially start or signal that the semiconductor cycle is turning.”The outlook for memory chip makers has worsened in recent months as surging inflation, China's cooling economy and the Russia-Ukraine war hit consumer spending on smartphones and personal computers, a crucial market for the industry.That has driven down chip prices and led to a buildup of inventories, with research firm TrendForce estimating a 3% to 8% drop in prices of DRAM chips during the third quarter of 2022.“Recently, the industry demand environment has weakened, and we are taking action to moderate our supply growth in fiscal 2023,\" said Micron Chief Executive Sanjay Mehrotra in the earnings release. \"We are confident about the long-term secular demand for memory and storage and are well positioned to deliver strong cross-cycle financial performance.”DRAM chips - widely used in data centers, personal computers and other devices - account for two-thirds of Micron's revenue, and the company also makes NAND memory chips that serve the data storage market.The company expects adjusted profit for the quarter of $1.63 per share, plus or minus 20 cents, compared with estimates of $2.57 per share.","news_type":1},"isVote":1,"tweetType":1,"viewCount":130,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}