JenneyJJ personal page - To The Moon

JenneyJJ

JenneyJJ

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2021-04-24

$Tiger Brokers(TIGR)$Almost there.... continue back to $30, please ??

2021-04-21

$SINGAPORE AIRLINES LTD(C6L.SI)$S hould I standby to buy e dip to average down?

2021-05-04

Apple is a good buy!

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2021-05-05

Everytime climb 5 steps then fall 10 steps.....

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2021-03-28

Seems like a good company.

Zhihu Technology fall on its first day of trading

2022-02-20

Hold forever??? 🤔🧐

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2021-06-12

Are you green or still red?

S&P ekes out gains to close languid week

2021-07-17

Just be well prepared, don't panic. After down, there will be up.

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2021-07-24

I am still red for most of my counters. What about you?

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2021-06-07

Trade with caution all the way!

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Go to Tiger App to see more news

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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 iPhone Output in China Begins to Catch Up Despite Covid-19 Issues</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 iPhone Output in China Begins to Catch Up Despite Covid-19 Issues\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-30 08:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/apple-production-in-china-begins-to-catch-up-despite-covid-19-woes-11672315005?mod=hp_lead_pos5><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Covid-19 issues in China are still hampering manufacturing of AppleInc.’s iPhone, but production is beginning to catch up to demand for the more-expensive Pro models, according to analysts and people ...</p>\n\n<a href=\"https://www.wsj.com/articles/apple-production-in-china-begins-to-catch-up-despite-covid-19-woes-11672315005?mod=hp_lead_pos5\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.wsj.com/articles/apple-production-in-china-begins-to-catch-up-despite-covid-19-woes-11672315005?mod=hp_lead_pos5","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1125221549","content_text":"Covid-19 issues in China are still hampering manufacturing of AppleInc.’s iPhone, but production is beginning to catch up to demand for the more-expensive Pro models, according to analysts and people involved in the supply chain.Models such as the iPhone 14 Pro Max, which starts at about $1,100, are integral to Apple’s strategy of increasing revenue when growth in the overall global smartphone marketis slowing. That strategy took a hit in October when Covid-19 outbreaks hit the main manufacturing base for iPhone Pro models, operated by Foxconn Technology Group in the central Chinese city of Zhengzhou.China has lifted most Covid-control measures, the leading issue at factories around the country is worker health. Nationwide, at least tens of millions of Chinese arebelieved to have caughtthe coronavirus.It isn’t known what percentage of Foxconn workers in Zhengzhou have Covid-19, but workers there said they knew of many people around them who developed fevers or other Covid-19 symptoms. The workers said some of those afflicted continued to work while others took time off. They said it was hard to know who actually had Covid-19 because the country has stopped widespread testing and test kitsare in short supply.Fears that additional turmoil in China could hit Apple production and sales in the country into the new year helped push Apple stock down 3.07% in Wednesday trading to $126.04, the lowest level since June 2021.Nonetheless, analysts and people involved in the supply chain say the situation in China, while far from normal, is at least better than during the Foxconn worker clashes in November.“Supply is improving and inching slowly toward parity with demand,” J.P. Morgan analystSamik Chatterjeewrote in a note to investors this week about the iPhone 14 Pro.Wait times for U.S. consumers ordering the latest iPhone Pro models, which once extended to 40 days, have improved, according to J.P. Morgan.In the U.S. and China, Apple’s websites show wait times for Pro models at around one to two weeks. Certain Pro models and colors are available for immediate pickup at some Apple stores in both countries.On Dec. 8, Foxconn, Apple’s sole assembler of high-end iPhone models, said it ended the movement restrictions at its Zhengzhou facility after more than 50 days.The parts of the facility that produce iPhones have recovered somewhat and are operating at about 70% capacity, according to analysts and people involved in the supply chain. Still, Foxconn is struggling to recover full normalcy, they said.Taiwan-based research firm TrendForce said labor shortages are affecting supply chains in China. It forecast iPhone shipments would total 47 million units in the January-March quarter, down 22% from a year earlier and below its previous forecast of 56 million units issued in late October. The figures include all iPhone models.This week, Foxconn offered a bonus equivalent to about $700 for key manufacturing workers who are willing to stay on the line through March 20. That differs from the usual pattern in which Foxconn ramps up staffing in the summer and fall to meet holiday demand, then pulls back after the shopping season is over.Sometimes called “iPhone City,” the Zhengzhou facility employs as many as 300,000 workers at peak times to make iPhones and other Apple products. At one point, the city alone made about 85% of the Pro lineup of iPhones, according to market-research firm Counterpoint Research.Foxconn, formally known as Hon Hai Precision Industry Co., has moved some of its iPhone production to its other facilitiesin the southern city of Shenzhen.Regardless of the short-term production ups and downs, people involved in the supply chain say Apple is looking over the mid- to long-term todiversify its supply chain to more places outside China such as India and Vietnam. The past year has highlighted the political and business risks of concentrating so much production in China.Foxconn has been assembling iPhones in India and has recently ramped up its technology so it canstart manufacturing some new iPhone models in Indiaat nearly the same time as Chinese factories.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":2843,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9926051842,"gmtCreate":1671426708287,"gmtModify":1676538534624,"author":{"id":"3573203718015318","authorId":"3573203718015318","name":"JenneyJJ","avatar":"https://static.itradeup.com/news/b13adb37ca4f467841be761d65d844b5","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573203718015318","idStr":"3573203718015318"},"themes":[],"htmlText":"Nice 👍🏻","listText":"Nice 👍🏻","text":"Nice 👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9926051842","repostId":"1107507999","repostType":4,"repost":{"id":"1107507999","kind":"news","pubTimestamp":1671413713,"share":"https://ttm.financial/m/news/1107507999?lang=en_US&edition=fundamental","pubTime":"2022-12-19 09:35","market":"sg","language":"en","title":"4 Resilient Singapore REITs with Dividend Yields Exceeding Your CPF Account","url":"https://stock-news.laohu8.com/highlight/detail?id=1107507999","media":"The Smart Investor","summary":"The Central Provident Fund (CPF) scheme is an excellent way to build up your savings for retirement.","content":"<html><head></head><body><p>The Central Provident Fund (CPF) scheme is an excellent way to build up your savings for retirement.</p><p>Moreover, the CPF Ordinary Account (OA) balance earns a near risk-free interest rate of 2.5% on balances there, with an additional 1% paid out for balances up to S$20,000.</p><p>However, with core inflation rising to near 14-year highs of 5.1% in October, it’s necessary to make your money work harder for you.</p><p>REITs are one asset class you can deploy your savings that pay regular and dependable dividends.</p><p>And with an economic downturn looming, some of these REITs can also offer a safe harbour to weather the storm.</p><p>Here are four resilient Singapore REITs with strong sponsors and distribution yields that are higher than the CPF OA interest rate.</p><h3><a href=\"https://laohu8.com/S/M44U.SI\">Mapletree Logistics Trust</a></h3><p>Mapletree Logistics Trust, or MLT, owns a portfolio of 186 properties across eight countries with total assets under management (AUM) of S$12.9 billion as of 30 September 2022.</p><p>The REIT is helmed by Temasek-owned Mapletree Investments Pte Ltd as its sponsor.</p><p>For its fiscal 2023’s first half (1H2023), the logistics REIT reported a 13% year on year increase in gross revenue to S$371.5 million, lifted by higher revenue from existing properties and accretive acquisitions.</p><p>Net property income (NPI) rose 12% year on year to S$323.2 million, while distribution per unit (DPU) edged up 4.2% year on year to S$0.04516.</p><p>MLT’s trailing 12-month distribution yield stands at 5.5%.</p><p>The REIT maintained a high portfolio occupancy rate of 96.4% with an average positive rental reversion of 3.5% for its latest quarter.</p><p>With an aggregate leverage of 37%, MLT has room to tap on debt for further yield-accretive acquisitions.</p><p>The REIT has also hedged 82% of its debt on fixed rates to guard against a sharp rise in finance costs.</p><h3><a href=\"https://laohu8.com/S/AJBU.SI\">Keppel DC REIT</a></h3><p>Keppel DC REIT is a data centre REIT with a portfolio of 23 data centres in nine countries worth S$3.6 billion as of 30 September 2022.</p><p>The REIT has a strong sponsor in blue-chip conglomerate Keppel Corporation Limited (SGX: BN4), which has more than S$2 billion worth of potential data centre assets that can be injected into the REIT.</p><p>Keppel DC REIT reported a respectable set of results for the first nine months of 2022 (9M2022).</p><p>Gross revenue inched up 0.7% year on year to S$205.9 million while NPI dipped 0.2% year on year to S$187.3 million.</p><p>DPU, however, improved by 3.4% year on year to S$0.07634 for 9M2022 because of a big jump in finance income from Keppel DC REIT’s investment in M1’s bonds and preference shares.</p><p>The REIT’s trailing 12-month distribution yield comes in at 5.5%.</p><h3><a href=\"https://laohu8.com/S/C38U.SI\">CapitaLand Integrated Commercial Trust</a></h3><p>CapitaLand Integrated Commercial Trust, or CICT, is a retail cum commercial REIT that owns 21 properties in Singapore, two in Germany, and three in Australia.</p><p>Total AUM stood at S$24.2 billion as of 31 December 2021.</p><p>CICT has a strong sponsor in property giant CapitaLand Investment Limited (SGX: 9CI).</p><p>The REIT reported a slight increase in its DPU for 1H2022, going from S$0.0518 to S$0.0522.</p><p>The trailing 12-month DPU came in at S$0.1044, giving the REIT’s units a trailing distribution yield of 5.1%.</p><p>CICT”s latest business update was encouraging, with 9M2022 gross revenue rising 8.9% year on year and NPI climbing by 8.4% year on year.</p><p>The REIT also has a low cost of debt at 2.5% with 80% of its loans on fixed rates, thus buffering against rising interest rates.</p><h3><a href=\"https://laohu8.com/S/BUOU.SI\">Frasers Logistics &amp; Commercial Trust</a></h3><p>Frasers Logistics &amp; Commercial Trust, or FLCT, owns a portfolio of 105 industrial and commercial properties in five countries with an AUM of S$6.7 billion as of 30 September 2022 (FY2022).</p><p>The REIT reported a downbeat set of earnings for FY2022, with revenue dipping by 4.1% year on year to S$450.2 million.</p><p>NPI fell by 3.7% year on year to S$342.1 million while DPU slipped by 0.8% year on year to S$0.0762.</p><p>FLCT’s units offer a trailing distribution yield of 6.5%.</p><p>That said, the REIT has a reputable sponsor in property developer Frasers Property Limited (SGX: TQ5).</p><p>It also boasts a high occupancy rate of 96.4% with a fairly well-spread-out lease expiry profile and adequate tenant diversification.</p><p>FLCT’s largest tenant takes up just 5% of its total gross rental income.</p><p>Furthermore, the REIT’s gearing level remains low at just 27.4%, providing it with a debt headroom of S$3.2 billion to conduct acquisitions to boost DPU.</p><p>Close to 82% of its debt is also locked into fixed rates, thereby protecting its distributable income from sharp downward falls.</p></body></html>","source":"lsy1602567310727","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>4 Resilient Singapore REITs with Dividend Yields Exceeding Your CPF Account</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\">\n4 Resilient Singapore REITs with Dividend Yields Exceeding Your CPF Account\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-19 09:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thesmartinvestor.com.sg/4-resilient-singapore-reits-with-dividend-yields-exceeding-your-cpf-account/><strong>The Smart Investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Central Provident Fund (CPF) scheme is an excellent way to build up your savings for retirement.Moreover, the CPF Ordinary Account (OA) balance earns a near risk-free interest rate of 2.5% on ...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/4-resilient-singapore-reits-with-dividend-yields-exceeding-your-cpf-account/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"C38U.SI":"凯德商用新加坡信托","M44U.SI":"丰树物流信托","BUOU.SI":"星狮物流工业信托"},"source_url":"https://thesmartinvestor.com.sg/4-resilient-singapore-reits-with-dividend-yields-exceeding-your-cpf-account/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1107507999","content_text":"The Central Provident Fund (CPF) scheme is an excellent way to build up your savings for retirement.Moreover, the CPF Ordinary Account (OA) balance earns a near risk-free interest rate of 2.5% on balances there, with an additional 1% paid out for balances up to S$20,000.However, with core inflation rising to near 14-year highs of 5.1% in October, it’s necessary to make your money work harder for you.REITs are one asset class you can deploy your savings that pay regular and dependable dividends.And with an economic downturn looming, some of these REITs can also offer a safe harbour to weather the storm.Here are four resilient Singapore REITs with strong sponsors and distribution yields that are higher than the CPF OA interest rate.Mapletree Logistics TrustMapletree Logistics Trust, or MLT, owns a portfolio of 186 properties across eight countries with total assets under management (AUM) of S$12.9 billion as of 30 September 2022.The REIT is helmed by Temasek-owned Mapletree Investments Pte Ltd as its sponsor.For its fiscal 2023’s first half (1H2023), the logistics REIT reported a 13% year on year increase in gross revenue to S$371.5 million, lifted by higher revenue from existing properties and accretive acquisitions.Net property income (NPI) rose 12% year on year to S$323.2 million, while distribution per unit (DPU) edged up 4.2% year on year to S$0.04516.MLT’s trailing 12-month distribution yield stands at 5.5%.The REIT maintained a high portfolio occupancy rate of 96.4% with an average positive rental reversion of 3.5% for its latest quarter.With an aggregate leverage of 37%, MLT has room to tap on debt for further yield-accretive acquisitions.The REIT has also hedged 82% of its debt on fixed rates to guard against a sharp rise in finance costs.Keppel DC REITKeppel DC REIT is a data centre REIT with a portfolio of 23 data centres in nine countries worth S$3.6 billion as of 30 September 2022.The REIT has a strong sponsor in blue-chip conglomerate Keppel Corporation Limited (SGX: BN4), which has more than S$2 billion worth of potential data centre assets that can be injected into the REIT.Keppel DC REIT reported a respectable set of results for the first nine months of 2022 (9M2022).Gross revenue inched up 0.7% year on year to S$205.9 million while NPI dipped 0.2% year on year to S$187.3 million.DPU, however, improved by 3.4% year on year to S$0.07634 for 9M2022 because of a big jump in finance income from Keppel DC REIT’s investment in M1’s bonds and preference shares.The REIT’s trailing 12-month distribution yield comes in at 5.5%.CapitaLand Integrated Commercial TrustCapitaLand Integrated Commercial Trust, or CICT, is a retail cum commercial REIT that owns 21 properties in Singapore, two in Germany, and three in Australia.Total AUM stood at S$24.2 billion as of 31 December 2021.CICT has a strong sponsor in property giant CapitaLand Investment Limited (SGX: 9CI).The REIT reported a slight increase in its DPU for 1H2022, going from S$0.0518 to S$0.0522.The trailing 12-month DPU came in at S$0.1044, giving the REIT’s units a trailing distribution yield of 5.1%.CICT”s latest business update was encouraging, with 9M2022 gross revenue rising 8.9% year on year and NPI climbing by 8.4% year on year.The REIT also has a low cost of debt at 2.5% with 80% of its loans on fixed rates, thus buffering against rising interest rates.Frasers Logistics & Commercial TrustFrasers Logistics & Commercial Trust, or FLCT, owns a portfolio of 105 industrial and commercial properties in five countries with an AUM of S$6.7 billion as of 30 September 2022 (FY2022).The REIT reported a downbeat set of earnings for FY2022, with revenue dipping by 4.1% year on year to S$450.2 million.NPI fell by 3.7% year on year to S$342.1 million while DPU slipped by 0.8% year on year to S$0.0762.FLCT’s units offer a trailing distribution yield of 6.5%.That said, the REIT has a reputable sponsor in property developer Frasers Property Limited (SGX: TQ5).It also boasts a high occupancy rate of 96.4% with a fairly well-spread-out lease expiry profile and adequate tenant diversification.FLCT’s largest tenant takes up just 5% of its total gross rental income.Furthermore, the REIT’s gearing level remains low at just 27.4%, providing it with a debt headroom of S$3.2 billion to conduct acquisitions to boost DPU.Close to 82% of its debt is also locked into fixed rates, thereby protecting its distributable income from sharp downward falls.","news_type":1,"symbols_score_info":{"BUOU.SI":0.9,"M44U.SI":0.9,"C38U.SI":0.9}},"isVote":1,"tweetType":1,"viewCount":3733,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9923452366,"gmtCreate":1670896692655,"gmtModify":1676538456031,"author":{"id":"3573203718015318","authorId":"3573203718015318","name":"JenneyJJ","avatar":"https://static.itradeup.com/news/b13adb37ca4f467841be761d65d844b5","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573203718015318","idStr":"3573203718015318"},"themes":[],"htmlText":"🍎 Go Go Go!!!","listText":"🍎 Go Go Go!!!","text":"🍎 Go Go Go!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9923452366","repostId":"2290247378","repostType":4,"repost":{"id":"2290247378","kind":"highlight","pubTimestamp":1670834032,"share":"https://ttm.financial/m/news/2290247378?lang=en_US&edition=fundamental","pubTime":"2022-12-12 16:33","market":"us","language":"en","title":"1 Green Flag for Apple Stock in 2022, and 1 Red Flag","url":"https://stock-news.laohu8.com/highlight/detail?id=2290247378","media":"Motley Fool","summary":"Apple's services business is booming; however, overreliance on China for its iPhone production could spell trouble.","content":"<div>\n<p>With a market cap of $2.26 trillion, Apple is the most valuable company in the world. Its dominance in the tech world has made it one of the best growth stocks, with its shares rising 227% in the last...</p>\n\n<a href=\"https://www.fool.com/investing/2022/12/11/green-flag-for-apple-stock-and-red-flag/\">Source Link</a>\n\n</div>\n","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>1 Green Flag for Apple Stock in 2022, and 1 Red Flag</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\">\n1 Green Flag for Apple Stock in 2022, and 1 Red Flag\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-12 16:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/12/11/green-flag-for-apple-stock-and-red-flag/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>With a market cap of $2.26 trillion, Apple is the most valuable company in the world. Its dominance in the tech world has made it one of the best growth stocks, with its shares rising 227% in the last...</p>\n\n<a href=\"https://www.fool.com/investing/2022/12/11/green-flag-for-apple-stock-and-red-flag/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.fool.com/investing/2022/12/11/green-flag-for-apple-stock-and-red-flag/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2290247378","content_text":"With a market cap of $2.26 trillion, Apple is the most valuable company in the world. Its dominance in the tech world has made it one of the best growth stocks, with its shares rising 227% in the last five years despite a sell-off in 2022, which has pulled its stock down 22% year to date.There are numerous green flags for the iPhone manufacturer, with its walled garden of products capable of pulling consumers further into its ecosystem with just one purchase. However, its services business, including subscription-based platforms such as Apple Music, TV+, Fitness+, Arcade, News+, and iCloud, is especially promising for its long-term growth.Meanwhile, Apple's reliance on China for its iPhone production could present more short-term headwinds. Here's why.Green flag: Growing services businessApple's services business has quickly become its second-biggest segment, earning 19.8% of the company's revenue in its fiscal 2022 (which ended in September). Throughout the year, services revenue increased 14% year over year to $78.1 billion.The most attractive aspect of Apple's services business is its considerable profit margins. In fiscal 2022, the company's gross profit margin for its services stood at 71.7%, while the same metric for its products came in at 36.3%. Gross margins in services have also grown over the last three years, with the segment reporting 69.7% in 2021 and 66% in 2020.In its products business, Apple accrues an operating expense for each device made, from the materials and labor involved. However, with services, the company can pay once for a piece of content and sell it millions of times over to consumers worldwide. And adding a monthly subscription for consumers to access that content benefits margins further.In October, Apple introduced price hikes across all of its services, with Apple TV+ specifically rising 40% from $4.99 to $6.99 per month. With 2023 just around the corner, services revenue is likely to increase over the next year as Apple products continue to grow in popularity and consumers are attracted to all of the offerings associated with them.Red flag: Production strains for its cash cowIn Apple's fiscal 2022, its iPhone segment earned $205.5 billion, making up 52% of its total revenue. As a result, when news broke at the end of October that an outbreak of COVID-19 cases in China had prompted the government to introduce strict lockdowns, Apple's stock began to slide as investors grew concerned over potential issues with iPhone production. From Oct. 28 to Nov. 9, the company's shares dipped 13.4%.On Oct. 31, Reuters reported that Foxconn -- also known as Hon Hai Technology Group, which manufactures about 70% of all iPhones -- could see a 30% decline in iPhone production amid the lockdowns. While lockdown measures in China allow factories like Foxconn to remain active, workers must live at the plants to continue working, understandably leading to pushback from employees.Foxconn said it coordinated backup production with other plants to reduce the impact. However, that has done little to quell investor concern about Apple's overreliance on China to produce its biggest earner.Apple has recently made moves to relocate portions of its iPhone production to India; JPMorgan Chase estimates the tech giant will move about 5% of iPhone 14 manufacturing to the country by the end of 2022, and 25% of all of its products by 2025.China's zero-COVID policy seems to have been the last straw for Apple as it begins to improve its supply chain. However, shifting countries won't come quickly. Wedbush analyst Daniel Ives estimates it will take until 2025 or 2026 for Apple to relocate 50% of its iPhone production to India or Vietnam, if it takes an aggressive approach.Apple may suffer temporary headwinds from a troubling supply chain; however, its stock remains a buy for the long term. The company ended Sept. 30 with $111.4 billion in free cash flow, proving it has the means to invest heavily in altering its production strategy. Given that it's the home of a quickly growing services business and some of the world's most in-demand products, I wouldn't bet against Apple's long-term prospects.","news_type":1,"symbols_score_info":{"AAPL":1}},"isVote":1,"tweetType":1,"viewCount":3110,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9923456469,"gmtCreate":1670896635352,"gmtModify":1676538456004,"author":{"id":"3573203718015318","authorId":"3573203718015318","name":"JenneyJJ","avatar":"https://static.itradeup.com/news/b13adb37ca4f467841be761d65d844b5","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573203718015318","idStr":"3573203718015318"},"themes":[],"htmlText":"Ok, noted. Thanks!","listText":"Ok, noted. Thanks!","text":"Ok, noted. Thanks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9923456469","repostId":"1162545779","repostType":4,"repost":{"id":"1162545779","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":1670892696,"share":"https://ttm.financial/m/news/1162545779?lang=en_US&edition=fundamental","pubTime":"2022-12-13 08:51","market":"sg","language":"en","title":"Singapore Stocks to Watch: CapitaLand India Trust, SIA, Soilbuild","url":"https://stock-news.laohu8.com/highlight/detail?id=1162545779","media":"Tiger Newspress","summary":"THE following companies saw new developments that may affect trading of their securities on Tuesday ","content":"<html><head></head><body><p>THE following companies saw new developments that may affect trading of their securities on Tuesday (Dec 13):</p><p><b>CapitaLand India Trust (CY6U):</b> CapitaLand India Trust (CLINT), through its subsidiary Minerva Veritas Data Centre Private Limited, is acquiring a 4.01-acre freehold site in Ambattur, Chennai, to develop its third data centre in India.</p><p>The REIT’s trustee-manager will invest an estimated total of INR19.4 billion ($328.8 million) to acquire the site and develop a greenfield data centre project in phases over the next four to five years.</p><p>The land is expected to be acquired by December for a consideration of INR832.8 million.</p><p><b>Singapore Airlines</b><b> (</b><b>C6L</b><b>): </b>Singapore Airlines (SIA) will adjust the conversion price of its 1.625 per cent convertible bonds due 2025, from S$5.743 to S$5.6309, the company announced in a Monday (Dec 12) bourse filing.</p><p>The national carrier will also adjust the conversion price of its zero-coupon mandatory convertible bonds (MCBs) due 2030, from S$4.84 to S$4.7453.</p><p>Both adjustments account for the interim dividend of S$0.10 per share that the company announced last month for the half year ended Sep 30. The adjusted conversion prices will take effect from Dec 13.</p><p><b>Soilbuild (S7P):</b> Soilbuild Construction Group : S7P 0%has clinched S$140.4 million in new contracts, bringing its total order book to S$492.7 million as at end-October, the company announced in a Monday (Dec 12) bourse filing.</p><p>The company’s S$492.7 million order book comprises S$384.6 million in construction projects and S$108.1 million in precast supply and delivery projects.</p><p>SB Procurement, a wholly-owned unit of Soilbuild, has been awarded a contract by the Housing and Development Board for building works at Toa Payoh Neighbourhood 1. The project involves two residential blocks, a multi-storey carpark and a community club. It is scheduled to start in Q4 this year and is set to be completed by Q2 of 2027.</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>Singapore Stocks to Watch: CapitaLand India Trust, SIA, Soilbuild</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Stocks to Watch: CapitaLand India Trust, SIA, Soilbuild\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\">2022-12-13 08:51</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>THE following companies saw new developments that may affect trading of their securities on Tuesday (Dec 13):</p><p><b>CapitaLand India Trust (CY6U):</b> CapitaLand India Trust (CLINT), through its subsidiary Minerva Veritas Data Centre Private Limited, is acquiring a 4.01-acre freehold site in Ambattur, Chennai, to develop its third data centre in India.</p><p>The REIT’s trustee-manager will invest an estimated total of INR19.4 billion ($328.8 million) to acquire the site and develop a greenfield data centre project in phases over the next four to five years.</p><p>The land is expected to be acquired by December for a consideration of INR832.8 million.</p><p><b>Singapore Airlines</b><b> (</b><b>C6L</b><b>): </b>Singapore Airlines (SIA) will adjust the conversion price of its 1.625 per cent convertible bonds due 2025, from S$5.743 to S$5.6309, the company announced in a Monday (Dec 12) bourse filing.</p><p>The national carrier will also adjust the conversion price of its zero-coupon mandatory convertible bonds (MCBs) due 2030, from S$4.84 to S$4.7453.</p><p>Both adjustments account for the interim dividend of S$0.10 per share that the company announced last month for the half year ended Sep 30. The adjusted conversion prices will take effect from Dec 13.</p><p><b>Soilbuild (S7P):</b> Soilbuild Construction Group : S7P 0%has clinched S$140.4 million in new contracts, bringing its total order book to S$492.7 million as at end-October, the company announced in a Monday (Dec 12) bourse filing.</p><p>The company’s S$492.7 million order book comprises S$384.6 million in construction projects and S$108.1 million in precast supply and delivery projects.</p><p>SB Procurement, a wholly-owned unit of Soilbuild, has been awarded a contract by the Housing and Development Board for building works at Toa Payoh Neighbourhood 1. The project involves two residential blocks, a multi-storey carpark and a community club. It is scheduled to start in Q4 this year and is set to be completed by Q2 of 2027.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"C6L.SI":"新加坡航空公司","CY6U.SI":"凯德印度信托"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162545779","content_text":"THE following companies saw new developments that may affect trading of their securities on Tuesday (Dec 13):CapitaLand India Trust (CY6U): CapitaLand India Trust (CLINT), through its subsidiary Minerva Veritas Data Centre Private Limited, is acquiring a 4.01-acre freehold site in Ambattur, Chennai, to develop its third data centre in India.The REIT’s trustee-manager will invest an estimated total of INR19.4 billion ($328.8 million) to acquire the site and develop a greenfield data centre project in phases over the next four to five years.The land is expected to be acquired by December for a consideration of INR832.8 million.Singapore Airlines (C6L): Singapore Airlines (SIA) will adjust the conversion price of its 1.625 per cent convertible bonds due 2025, from S$5.743 to S$5.6309, the company announced in a Monday (Dec 12) bourse filing.The national carrier will also adjust the conversion price of its zero-coupon mandatory convertible bonds (MCBs) due 2030, from S$4.84 to S$4.7453.Both adjustments account for the interim dividend of S$0.10 per share that the company announced last month for the half year ended Sep 30. The adjusted conversion prices will take effect from Dec 13.Soilbuild (S7P): Soilbuild Construction Group : S7P 0%has clinched S$140.4 million in new contracts, bringing its total order book to S$492.7 million as at end-October, the company announced in a Monday (Dec 12) bourse filing.The company’s S$492.7 million order book comprises S$384.6 million in construction projects and S$108.1 million in precast supply and delivery projects.SB Procurement, a wholly-owned unit of Soilbuild, has been awarded a contract by the Housing and Development Board for building works at Toa Payoh Neighbourhood 1. The project involves two residential blocks, a multi-storey carpark and a community club. It is scheduled to start in Q4 this year and is set to be completed by Q2 of 2027.","news_type":1,"symbols_score_info":{"CY6U.SI":0.9,"C6L.SI":0.9,"S7P.SI":0.9}},"isVote":1,"tweetType":1,"viewCount":2788,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9965921472,"gmtCreate":1669876924297,"gmtModify":1676538261858,"author":{"id":"3573203718015318","authorId":"3573203718015318","name":"JenneyJJ","avatar":"https://static.itradeup.com/news/b13adb37ca4f467841be761d65d844b5","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573203718015318","idStr":"3573203718015318"},"themes":[],"htmlText":"👏🏻👏🏻🎉","listText":"👏🏻👏🏻🎉","text":"👏🏻👏🏻🎉","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9965921472","repostId":"1167622783","repostType":4,"isVote":1,"tweetType":1,"viewCount":3726,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9969607627,"gmtCreate":1668418794570,"gmtModify":1676538053616,"author":{"id":"3573203718015318","authorId":"3573203718015318","name":"JenneyJJ","avatar":"https://static.itradeup.com/news/b13adb37ca4f467841be761d65d844b5","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573203718015318","idStr":"3573203718015318"},"themes":[],"htmlText":"BBQ le.....","listText":"BBQ le.....","text":"BBQ le.....","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9969607627","repostId":"2283144175","repostType":4,"repost":{"id":"2283144175","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":1668383535,"share":"https://ttm.financial/m/news/2283144175?lang=en_US&edition=fundamental","pubTime":"2022-11-14 07:52","market":"other","language":"en","title":"At Least $1 Billion of Client Funds Missing at Failed Crypto Firm FTX","url":"https://stock-news.laohu8.com/highlight/detail?id=2283144175","media":"Reuters","summary":"FTX founder Bankman-Fried secretly moved $10 billion in funds to trading firm Alameda - sourcesBankm","content":"<html><head></head><body><ul><li>FTX founder Bankman-Fried secretly moved $10 billion in funds to trading firm Alameda - sources</li><li>Bankman-Fried showed spreadsheets to colleagues that revealed shift in funds to Alameda - sources</li><li>Spreadsheets indicated between $1 billion and $2 billion in client money is unaccounted for – sources</li><li>Executives set up book-keeping &#34;back door&#34; that thwarted red flags - sources</li><li>Whereabouts of missing funds is unknown - sources</li></ul><p>(Reuters) - At least $1 billion of customer funds have vanished from collapsed crypto exchange FTX, according to two people familiar with the matter.</p><p>The exchange&#39;s founder Sam Bankman-Fried secretly transferred $10 billion of customer funds from FTX to Bankman-Fried&#39;s trading company Alameda Research, the people told Reuters.</p><p>A large portion of that total has since disappeared, they said. One source put the missing amount at about $1.7 billion. The other said the gap was between $1 billion and $2 billion.</p><p>While it is known that FTX moved customer funds to Alameda, the missing funds are reported here for the first time.</p><p>The financial hole was revealed in records that Bankman-Fried shared with other senior executives last Sunday, according to the two sources. The records provided an up-to-date account of the situation at the time, they said. Both sources held senior FTX positions until this week and said they were briefed on the company&#39;s finances by top staff.</p><p>Bahamas-based FTX filed for bankruptcy on Friday after a rush of customer withdrawals earlier this week. A rescue deal with rival exchange Binance fell through, precipitating crypto’s highest-profile collapse in recent years.</p><p>In text messages to Reuters, Bankman-Fried said he &#34;disagreed with the characterization&#34; of the $10 billion transfer.</p><p>&#34;We didn&#39;t secretly transfer,&#34; he said. &#34;We had confusing internal labeling and misread it,&#34; he added, without elaborating.</p><p>Asked about the missing funds, Bankman-Fried responded: &#34;???&#34;</p><p>FTX and Alameda did not respond to requests for comment.</p><p>In a tweet on Friday, Bankman-Fried said he was &#34;piecing together&#34; what had happened at FTX. &#34;I was shocked to see things unravel the way they did earlier this week,&#34; he wrote. &#34;I will, soon, write up a more complete post on the play by play.&#34;</p><p>At the heart of FTX&#39;s problems were losses at Alameda that most FTX executives did not know about, Reuters has previously reported.</p><p>Customer withdrawals had surged last Sunday after Changpeng Zhao, CEO of giant crypto exchange Binance, said Binance would sell its entire stake in FTX&#39;s digital token, worth at least $580 million, &#34;due to recent revelations.&#34; Four days before, news outlet CoinDesk reported that much of Alameda&#39;s $14.6 billion in assets were held in the token.</p><p>That Sunday, Bankman-Fried held a meeting with several executives in the Bahamas capital Nassau to calculate how much outside funding he needed to cover FTX&#39;s shortfall, the two people with knowledge of FTX&#39;s finances said.</p><p>Bankman-Fried confirmed to Reuters that the meeting took place.</p><p>Bankman-Fried showed several spreadsheets to the heads of the company&#39;s regulatory and legal teams that revealed FTX had moved around $10 billion in client funds from FTX to Alameda, the two people said. The spreadsheets displayed how much money FTX loaned to Alameda and what it was used for, they said.</p><p>The documents showed that between $1 billion and $2 billion of these funds were not accounted for among Alameda&#39;s assets, the sources said. The spreadsheets did not indicate where this money was moved, and the sources said they don&#39;t know what became of it.</p><p>In a subsequent examination, FTX legal and finance teams also learned that Bankman-Fried implemented what the two people described as a &#34;backdoor&#34; in FTX&#39;s book-keeping system, which was built using bespoke software.</p><p>They said the &#34;backdoor&#34; allowed Bankman-Fried to execute commands that could alter the company&#39;s financial records without alerting other people, including external auditors. This set-up meant that the movement of the $10 billion in funds to Alameda did not trigger internal compliance or accounting red flags at FTX, they said.</p><p>In his text message to Reuters, Bankman-Fried denied implementing a &#34;backdoor&#34;.</p><p>The U.S. Securities and Exchange Commission is investigating FTX.com&#39;s handling of customer funds, as well its crypto-lending activities, a source with knowledge of the inquiry told Reuters on Wednesday. The Department of Justice and the Commodity Futures Trading Commission are also investigating, the source said.</p><p>FTX&#39;s bankruptcy marked a stunning reversal for Bankman-Fried. The 30-year-old had set up FTX in 2019 and led it to become <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the largest crypto exchanges, accumulating a personal fortune estimated at nearly $17 billion. FTX was valued in January at $32 billion, with investors including SoftBank and BlackRock.</p><p>The crisis has sent reverberations through the crypto world, with the price of major coins plummeting. And FTX&#39;s collapse is drawing comparisons to earlier major business meltdowns.</p><p>On Friday, FTX said it had turned over control of the company to John J. Ray III, the restructuring specialist who handled the liquidation of Enron Corp – one of the largest bankruptcies in history.</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>At Least $1 Billion of Client Funds Missing at Failed Crypto Firm FTX</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\">\nAt Least $1 Billion of Client Funds Missing at Failed Crypto Firm FTX\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\">2022-11-14 07:52</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul><li>FTX founder Bankman-Fried secretly moved $10 billion in funds to trading firm Alameda - sources</li><li>Bankman-Fried showed spreadsheets to colleagues that revealed shift in funds to Alameda - sources</li><li>Spreadsheets indicated between $1 billion and $2 billion in client money is unaccounted for – sources</li><li>Executives set up book-keeping &#34;back door&#34; that thwarted red flags - sources</li><li>Whereabouts of missing funds is unknown - sources</li></ul><p>(Reuters) - At least $1 billion of customer funds have vanished from collapsed crypto exchange FTX, according to two people familiar with the matter.</p><p>The exchange&#39;s founder Sam Bankman-Fried secretly transferred $10 billion of customer funds from FTX to Bankman-Fried&#39;s trading company Alameda Research, the people told Reuters.</p><p>A large portion of that total has since disappeared, they said. One source put the missing amount at about $1.7 billion. The other said the gap was between $1 billion and $2 billion.</p><p>While it is known that FTX moved customer funds to Alameda, the missing funds are reported here for the first time.</p><p>The financial hole was revealed in records that Bankman-Fried shared with other senior executives last Sunday, according to the two sources. The records provided an up-to-date account of the situation at the time, they said. Both sources held senior FTX positions until this week and said they were briefed on the company&#39;s finances by top staff.</p><p>Bahamas-based FTX filed for bankruptcy on Friday after a rush of customer withdrawals earlier this week. A rescue deal with rival exchange Binance fell through, precipitating crypto’s highest-profile collapse in recent years.</p><p>In text messages to Reuters, Bankman-Fried said he &#34;disagreed with the characterization&#34; of the $10 billion transfer.</p><p>&#34;We didn&#39;t secretly transfer,&#34; he said. &#34;We had confusing internal labeling and misread it,&#34; he added, without elaborating.</p><p>Asked about the missing funds, Bankman-Fried responded: &#34;???&#34;</p><p>FTX and Alameda did not respond to requests for comment.</p><p>In a tweet on Friday, Bankman-Fried said he was &#34;piecing together&#34; what had happened at FTX. &#34;I was shocked to see things unravel the way they did earlier this week,&#34; he wrote. &#34;I will, soon, write up a more complete post on the play by play.&#34;</p><p>At the heart of FTX&#39;s problems were losses at Alameda that most FTX executives did not know about, Reuters has previously reported.</p><p>Customer withdrawals had surged last Sunday after Changpeng Zhao, CEO of giant crypto exchange Binance, said Binance would sell its entire stake in FTX&#39;s digital token, worth at least $580 million, &#34;due to recent revelations.&#34; Four days before, news outlet CoinDesk reported that much of Alameda&#39;s $14.6 billion in assets were held in the token.</p><p>That Sunday, Bankman-Fried held a meeting with several executives in the Bahamas capital Nassau to calculate how much outside funding he needed to cover FTX&#39;s shortfall, the two people with knowledge of FTX&#39;s finances said.</p><p>Bankman-Fried confirmed to Reuters that the meeting took place.</p><p>Bankman-Fried showed several spreadsheets to the heads of the company&#39;s regulatory and legal teams that revealed FTX had moved around $10 billion in client funds from FTX to Alameda, the two people said. The spreadsheets displayed how much money FTX loaned to Alameda and what it was used for, they said.</p><p>The documents showed that between $1 billion and $2 billion of these funds were not accounted for among Alameda&#39;s assets, the sources said. The spreadsheets did not indicate where this money was moved, and the sources said they don&#39;t know what became of it.</p><p>In a subsequent examination, FTX legal and finance teams also learned that Bankman-Fried implemented what the two people described as a &#34;backdoor&#34; in FTX&#39;s book-keeping system, which was built using bespoke software.</p><p>They said the &#34;backdoor&#34; allowed Bankman-Fried to execute commands that could alter the company&#39;s financial records without alerting other people, including external auditors. This set-up meant that the movement of the $10 billion in funds to Alameda did not trigger internal compliance or accounting red flags at FTX, they said.</p><p>In his text message to Reuters, Bankman-Fried denied implementing a &#34;backdoor&#34;.</p><p>The U.S. Securities and Exchange Commission is investigating FTX.com&#39;s handling of customer funds, as well its crypto-lending activities, a source with knowledge of the inquiry told Reuters on Wednesday. The Department of Justice and the Commodity Futures Trading Commission are also investigating, the source said.</p><p>FTX&#39;s bankruptcy marked a stunning reversal for Bankman-Fried. The 30-year-old had set up FTX in 2019 and led it to become <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the largest crypto exchanges, accumulating a personal fortune estimated at nearly $17 billion. FTX was valued in January at $32 billion, with investors including SoftBank and BlackRock.</p><p>The crisis has sent reverberations through the crypto world, with the price of major coins plummeting. And FTX&#39;s collapse is drawing comparisons to earlier major business meltdowns.</p><p>On Friday, FTX said it had turned over control of the company to John J. Ray III, the restructuring specialist who handled the liquidation of Enron Corp – one of the largest bankruptcies in history.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"比特币ETF-Grayscale"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2283144175","content_text":"FTX founder Bankman-Fried secretly moved $10 billion in funds to trading firm Alameda - sourcesBankman-Fried showed spreadsheets to colleagues that revealed shift in funds to Alameda - sourcesSpreadsheets indicated between $1 billion and $2 billion in client money is unaccounted for – sourcesExecutives set up book-keeping \"back door\" that thwarted red flags - sourcesWhereabouts of missing funds is unknown - sources(Reuters) - At least $1 billion of customer funds have vanished from collapsed crypto exchange FTX, according to two people familiar with the matter.The exchange's founder Sam Bankman-Fried secretly transferred $10 billion of customer funds from FTX to Bankman-Fried's trading company Alameda Research, the people told Reuters.A large portion of that total has since disappeared, they said. One source put the missing amount at about $1.7 billion. The other said the gap was between $1 billion and $2 billion.While it is known that FTX moved customer funds to Alameda, the missing funds are reported here for the first time.The financial hole was revealed in records that Bankman-Fried shared with other senior executives last Sunday, according to the two sources. The records provided an up-to-date account of the situation at the time, they said. Both sources held senior FTX positions until this week and said they were briefed on the company's finances by top staff.Bahamas-based FTX filed for bankruptcy on Friday after a rush of customer withdrawals earlier this week. A rescue deal with rival exchange Binance fell through, precipitating crypto’s highest-profile collapse in recent years.In text messages to Reuters, Bankman-Fried said he \"disagreed with the characterization\" of the $10 billion transfer.\"We didn't secretly transfer,\" he said. \"We had confusing internal labeling and misread it,\" he added, without elaborating.Asked about the missing funds, Bankman-Fried responded: \"???\"FTX and Alameda did not respond to requests for comment.In a tweet on Friday, Bankman-Fried said he was \"piecing together\" what had happened at FTX. \"I was shocked to see things unravel the way they did earlier this week,\" he wrote. \"I will, soon, write up a more complete post on the play by play.\"At the heart of FTX's problems were losses at Alameda that most FTX executives did not know about, Reuters has previously reported.Customer withdrawals had surged last Sunday after Changpeng Zhao, CEO of giant crypto exchange Binance, said Binance would sell its entire stake in FTX's digital token, worth at least $580 million, \"due to recent revelations.\" Four days before, news outlet CoinDesk reported that much of Alameda's $14.6 billion in assets were held in the token.That Sunday, Bankman-Fried held a meeting with several executives in the Bahamas capital Nassau to calculate how much outside funding he needed to cover FTX's shortfall, the two people with knowledge of FTX's finances said.Bankman-Fried confirmed to Reuters that the meeting took place.Bankman-Fried showed several spreadsheets to the heads of the company's regulatory and legal teams that revealed FTX had moved around $10 billion in client funds from FTX to Alameda, the two people said. The spreadsheets displayed how much money FTX loaned to Alameda and what it was used for, they said.The documents showed that between $1 billion and $2 billion of these funds were not accounted for among Alameda's assets, the sources said. The spreadsheets did not indicate where this money was moved, and the sources said they don't know what became of it.In a subsequent examination, FTX legal and finance teams also learned that Bankman-Fried implemented what the two people described as a \"backdoor\" in FTX's book-keeping system, which was built using bespoke software.They said the \"backdoor\" allowed Bankman-Fried to execute commands that could alter the company's financial records without alerting other people, including external auditors. This set-up meant that the movement of the $10 billion in funds to Alameda did not trigger internal compliance or accounting red flags at FTX, they said.In his text message to Reuters, Bankman-Fried denied implementing a \"backdoor\".The U.S. Securities and Exchange Commission is investigating FTX.com's handling of customer funds, as well its crypto-lending activities, a source with knowledge of the inquiry told Reuters on Wednesday. The Department of Justice and the Commodity Futures Trading Commission are also investigating, the source said.FTX's bankruptcy marked a stunning reversal for Bankman-Fried. The 30-year-old had set up FTX in 2019 and led it to become one of the largest crypto exchanges, accumulating a personal fortune estimated at nearly $17 billion. FTX was valued in January at $32 billion, with investors including SoftBank and BlackRock.The crisis has sent reverberations through the crypto world, with the price of major coins plummeting. And FTX's collapse is drawing comparisons to earlier major business meltdowns.On Friday, FTX said it had turned over control of the company to John J. Ray III, the restructuring specialist who handled the liquidation of Enron Corp – one of the largest bankruptcies in history.","news_type":1,"symbols_score_info":{"GBTC":0.9}},"isVote":1,"tweetType":1,"viewCount":3876,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9960875656,"gmtCreate":1668130734475,"gmtModify":1676538017651,"author":{"id":"3573203718015318","authorId":"3573203718015318","name":"JenneyJJ","avatar":"https://static.itradeup.com/news/b13adb37ca4f467841be761d65d844b5","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573203718015318","idStr":"3573203718015318"},"themes":[],"htmlText":"Niceeee!","listText":"Niceeee!","text":"Niceeee!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9960875656","repostId":"1182162772","repostType":4,"repost":{"id":"1182162772","kind":"news","pubTimestamp":1668125338,"share":"https://ttm.financial/m/news/1182162772?lang=en_US&edition=fundamental","pubTime":"2022-11-11 08:08","market":"sg","language":"en","title":"Singapore Bourse May Crack Resistance At 3,200 Points","url":"https://stock-news.laohu8.com/highlight/detail?id=1182162772","media":"RTTNews","summary":"The Singapore stock market has climbed higher in five straight sessions, improving more than 70 poin","content":"<html><head></head><body><p>The Singapore stock market has climbed higher in five straight sessions, improving more than 70 points or 2.4 percent along the way. The Straits Times Index now rests just beneath the 3,175-point plateau and it&#39;s expected to extend its winning streak on Friday.</p><p>The global forecast for the Asian markets is upbeat on encouraging inflation data and an improved outlook for interest rates. The European and U.S. markets were sharply higher and the Asian bourses are tipped to follow suit.</p><p>The STI finished slightly higher on Thursday following mixed performances from the financials, properties and industrials.</p><p>For the day, the index added 7.68 points or 0.24 percent to finish at 3,173.18 after trading between 3,152.49 and 3,180.57. Volume was 1.57 billion shares worth 1.13 billion Singapore dollars. There were 257 gainers and 251 decliners.</p><p>Among the actives, Ascendas REIT gained 0.39 percent, while City Developments tumbled 1.79 percent, DBS Group lost 0.37 percent, Genting Singapore improved 0.62 percent, Hongkong Land sank 0.48 percent, Keppel Corp rose 0.28 percent, Mapletree Pan Asia Commercial Trust slumped 0.63 percent, Mapletree Logistics Trust climbed 0.67 percent, Oversea-Chinese Banking Corporation eased 0.08 percent, SATS plummeted 6.25 percent, Singapore Technologies Engineering added 0.60 percent, SingTel surged 3.14 percent, United Overseas Bank collected 0.24 percent, Wilmar International fell 025 percent, Yangzijiang Financial retreated 1.47 percent and Yangzijiang Shipbuilding, CapitaLand Integrated Commercial Trust, CapitaLand Investment, SembCorp Industries, Thai Beverage, Mapletree Industrial Trust, Emperador and Comfort DelGro were unchanged.</p><p>The lead from Wall Street is broadly positive as the major averages saw their best performance in two years, opening sharply higher Thursday and continuing to accelerate as the day progressed, ending near session highs.</p><p>The Dow skyrocketed 1,201.43 points or 3.70 percent to finish at 33,715.37, while the NASDAQ exploded for 760.97 points or 7.35 percent to close at 11,114.15 and the S&amp;P 500 surged 207.80 points or 5.54 percent to end at 3,956.37.</p><p>The rally on Wall Street followed the release of a report from the Labor Department showing a smaller than expected monthly increase in consumer prices and a bigger than expected slowdown in the annual rate of price growth.</p><p>The data suggests the Federal Reserve&#39;s efforts to contain inflation are having an effect, reinforcing recent optimism the central bank will slow the pace of interest rate hikes as early as next month.</p><p>Crude oil prices climbed higher on Thursday, rebounding after three straight days of losses as the dollar fell on the better than expected U.S. inflation data. West Texas Intermediate Crude oil futures for December ended higher by $0.64 or 0.8 percent at $86.47 a barrel.</p></body></html>","source":"lsy1626938412129","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Bourse May Crack Resistance At 3,200 Points</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Bourse May Crack Resistance At 3,200 Points\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-11 08:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.rttnews.com/3325219/singapore-bourse-may-crack-resistance-at-3200-points.aspx?type=acom><strong>RTTNews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Singapore stock market has climbed higher in five straight sessions, improving more than 70 points or 2.4 percent along the way. The Straits Times Index now rests just beneath the 3,175-point ...</p>\n\n<a href=\"https://www.rttnews.com/3325219/singapore-bourse-may-crack-resistance-at-3200-points.aspx?type=acom\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.rttnews.com/3325219/singapore-bourse-may-crack-resistance-at-3200-points.aspx?type=acom","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1182162772","content_text":"The Singapore stock market has climbed higher in five straight sessions, improving more than 70 points or 2.4 percent along the way. The Straits Times Index now rests just beneath the 3,175-point plateau and it's expected to extend its winning streak on Friday.The global forecast for the Asian markets is upbeat on encouraging inflation data and an improved outlook for interest rates. The European and U.S. markets were sharply higher and the Asian bourses are tipped to follow suit.The STI finished slightly higher on Thursday following mixed performances from the financials, properties and industrials.For the day, the index added 7.68 points or 0.24 percent to finish at 3,173.18 after trading between 3,152.49 and 3,180.57. Volume was 1.57 billion shares worth 1.13 billion Singapore dollars. There were 257 gainers and 251 decliners.Among the actives, Ascendas REIT gained 0.39 percent, while City Developments tumbled 1.79 percent, DBS Group lost 0.37 percent, Genting Singapore improved 0.62 percent, Hongkong Land sank 0.48 percent, Keppel Corp rose 0.28 percent, Mapletree Pan Asia Commercial Trust slumped 0.63 percent, Mapletree Logistics Trust climbed 0.67 percent, Oversea-Chinese Banking Corporation eased 0.08 percent, SATS plummeted 6.25 percent, Singapore Technologies Engineering added 0.60 percent, SingTel surged 3.14 percent, United Overseas Bank collected 0.24 percent, Wilmar International fell 025 percent, Yangzijiang Financial retreated 1.47 percent and Yangzijiang Shipbuilding, CapitaLand Integrated Commercial Trust, CapitaLand Investment, SembCorp Industries, Thai Beverage, Mapletree Industrial Trust, Emperador and Comfort DelGro were unchanged.The lead from Wall Street is broadly positive as the major averages saw their best performance in two years, opening sharply higher Thursday and continuing to accelerate as the day progressed, ending near session highs.The Dow skyrocketed 1,201.43 points or 3.70 percent to finish at 33,715.37, while the NASDAQ exploded for 760.97 points or 7.35 percent to close at 11,114.15 and the S&P 500 surged 207.80 points or 5.54 percent to end at 3,956.37.The rally on Wall Street followed the release of a report from the Labor Department showing a smaller than expected monthly increase in consumer prices and a bigger than expected slowdown in the annual rate of price growth.The data suggests the Federal Reserve's efforts to contain inflation are having an effect, reinforcing recent optimism the central bank will slow the pace of interest rate hikes as early as next month.Crude oil prices climbed higher on Thursday, rebounding after three straight days of losses as the dollar fell on the better than expected U.S. inflation data. West Texas Intermediate Crude oil futures for December ended higher by $0.64 or 0.8 percent at $86.47 a barrel.","news_type":1,"symbols_score_info":{"STI.SI":0.9}},"isVote":1,"tweetType":1,"viewCount":4851,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9960875017,"gmtCreate":1668130681939,"gmtModify":1676538017642,"author":{"id":"3573203718015318","authorId":"3573203718015318","name":"JenneyJJ","avatar":"https://static.itradeup.com/news/b13adb37ca4f467841be761d65d844b5","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573203718015318","idStr":"3573203718015318"},"themes":[],"htmlText":"👍🏻👏🏻🎉","listText":"👍🏻👏🏻🎉","text":"👍🏻👏🏻🎉","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9960875017","repostId":"1155930233","repostType":4,"repost":{"id":"1155930233","kind":"news","pubTimestamp":1668121157,"share":"https://ttm.financial/m/news/1155930233?lang=en_US&edition=fundamental","pubTime":"2022-11-11 06:59","market":"us","language":"en","title":"Apple’s $191 Billion Single-Day Surge Sets Stock-Market Record","url":"https://stock-news.laohu8.com/highlight/detail?id=1155930233","media":"Bloomberg","summary":"Apple Inc.’s surge Thursday was one for the record books.The world’s most valuable company added $19","content":"<div>\n<p>Apple Inc.’s surge Thursday was one for the record books.The world’s most valuable company added $190.9 billion in market value, the most ever by a US-listed company, as softer-than-expected inflation...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-11-10/apple-s-191-billion-single-day-surge-sets-stock-market-record?srnd=markets-vp\">Source Link</a>\n\n</div>\n","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple’s $191 Billion Single-Day Surge Sets Stock-Market Record</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’s $191 Billion Single-Day Surge Sets Stock-Market Record\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-11 06:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-11-10/apple-s-191-billion-single-day-surge-sets-stock-market-record?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple Inc.’s surge Thursday was one for the record books.The world’s most valuable company added $190.9 billion in market value, the most ever by a US-listed company, as softer-than-expected inflation...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-11-10/apple-s-191-billion-single-day-surge-sets-stock-market-record?srnd=markets-vp\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.bloomberg.com/news/articles/2022-11-10/apple-s-191-billion-single-day-surge-sets-stock-market-record?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155930233","content_text":"Apple Inc.’s surge Thursday was one for the record books.The world’s most valuable company added $190.9 billion in market value, the most ever by a US-listed company, as softer-than-expected inflation data buoyed equity markets across the board. The jump eclipsed Amazon.com Inc.’s $190.8 billion gain in February, according to data compiled by Bloomberg.Apple, which after Thursday’s 8.9% jump has a market capitalization of $2.34 trillion, now accounts for four out of the top five biggest daily gains. The stock remains down 17% this year.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":4092,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3579095725705542","authorId":"3579095725705542","name":"Louis7779","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"authorIdStr":"3579095725705542","idStr":"3579095725705542"},"content":"Pls like my post thanks","text":"Pls like my post thanks","html":"Pls like my post thanks"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9960872463,"gmtCreate":1668130658753,"gmtModify":1676538017626,"author":{"id":"3573203718015318","authorId":"3573203718015318","name":"JenneyJJ","avatar":"https://static.itradeup.com/news/b13adb37ca4f467841be761d65d844b5","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573203718015318","idStr":"3573203718015318"},"themes":[],"htmlText":"👍🏻👏🏻👏🏻","listText":"👍🏻👏🏻👏🏻","text":"👍🏻👏🏻👏🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9960872463","repostId":"1122915998","repostType":4,"repost":{"id":"1122915998","kind":"news","pubTimestamp":1668118907,"share":"https://ttm.financial/m/news/1122915998?lang=en_US&edition=fundamental","pubTime":"2022-11-11 06:21","market":"us","language":"en","title":"Amazon Surges the Most Since February on Cost-Cutting Review","url":"https://stock-news.laohu8.com/highlight/detail?id=1122915998","media":"Bloomberg","summary":"E-commerce giant already has paused hiring companywidePositive inflation data also helps lift Amazon","content":"<div>\n<p>E-commerce giant already has paused hiring companywidePositive inflation data also helps lift Amazon’s sharesAndy JassyPhotographer: David Ryder/BloombergAmazon.com Inc. shares gained 12% on news that...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-11-10/amazon-gains-on-report-that-ceo-has-launched-cost-cutting-review?srnd=markets-vp\">Source Link</a>\n\n</div>\n","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Amazon Surges the Most Since February on Cost-Cutting Review</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\">\nAmazon Surges the Most Since February on Cost-Cutting Review\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-11 06:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-11-10/amazon-gains-on-report-that-ceo-has-launched-cost-cutting-review?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>E-commerce giant already has paused hiring companywidePositive inflation data also helps lift Amazon’s sharesAndy JassyPhotographer: David Ryder/BloombergAmazon.com Inc. shares gained 12% on news that...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-11-10/amazon-gains-on-report-that-ceo-has-launched-cost-cutting-review?srnd=markets-vp\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://www.bloomberg.com/news/articles/2022-11-10/amazon-gains-on-report-that-ceo-has-launched-cost-cutting-review?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122915998","content_text":"E-commerce giant already has paused hiring companywidePositive inflation data also helps lift Amazon’s sharesAndy JassyPhotographer: David Ryder/BloombergAmazon.com Inc. shares gained 12% on news that Chief Executive Officer Andy Jassy has embarked on a review of expenses, part of broader efforts to streamline the world’s largest e-commerce company.Amazon said in a statement to Bloomberg News that its annual operating-plan review will have a particular focus on trimming expenses this year as it copes with a slowing economy. The Wall Street Journal reported earlier that the assessment was underway and that employees in certain divisions have been told to look for jobs elsewhere in the company because their teams are being suspended or shut down.“Our senior leadership team regularly reviews our investment outlook and financial performance, including as part of our annual operating plan review, which occurs in the fall each year,” the Seattle-based company said in the statement. “As part of this year’s review, we’re of course taking into account the current macro-environment and considering opportunities to optimize costs.”The news boosted a stock that was already up on positive inflation news. The latest data on consumer prices came in better than expected Thursday, easing concerns about Federal Reserve interest rate hikes.Amazon shares rose to $96.63, marking their largest one-day gain since Feb. 4. They had been down 48% this year through Wednesday, part of a rout that has hammered the biggest tech companies.Already, Amazon has been taking increasingly aggressive steps to rein in expenditures. The company said last week that it was pausing “new incremental” hiring across its corporate workforce as it copes with a slower economy. Amazon has effectively stopped recruiting for new roles companywide, even at profitable divisions, such as its advertising business.Amazon said Thursday that it remains confident in its overall operations, as well as initiatives such as Prime Video, Alexa, Grocery, Kuiper, Zoox and its health-care efforts.Most big tech companies are hitting the brakes on hiring plans, but Amazon is dealing with an especially severe pandemic hangover. The company almost doubled its headcount during Covid-19 restrictions to handle a surge in orders from home-bound consumers.When shoppers returned to their previous habits this year, Amazon had to pare back its logistics operations. As the economic outlook darkened and it became clear that a slowdown in online sales growth was here to stay, the cutbacks spread to Amazon’s corporate offices.When Amazon forecas tits slowest-ever holiday growth last month, Chief Financial Officer Brian Olsavsky said the company was “taking actions to tighten our belt.”","news_type":1,"symbols_score_info":{"AMZN":0.9}},"isVote":1,"tweetType":1,"viewCount":3056,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9987763738,"gmtCreate":1667998394624,"gmtModify":1676537996293,"author":{"id":"3573203718015318","authorId":"3573203718015318","name":"JenneyJJ","avatar":"https://static.itradeup.com/news/b13adb37ca4f467841be761d65d844b5","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573203718015318","idStr":"3573203718015318"},"themes":[],"htmlText":"👍🏻👍🏻","listText":"👍🏻👍🏻","text":"👍🏻👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9987763738","repostId":"1147357388","repostType":4,"repost":{"id":"1147357388","kind":"news","pubTimestamp":1667996790,"share":"https://ttm.financial/m/news/1147357388?lang=en_US&edition=fundamental","pubTime":"2022-11-09 20:26","market":"us","language":"en","title":"Amazon: Buying Opportunity In The Making","url":"https://stock-news.laohu8.com/highlight/detail?id=1147357388","media":"Seeking Alpha","summary":"SummaryAmazon reported quarterly results a few days ago, and especially due to the weak guidance for","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>Amazon reported quarterly results a few days ago, and especially due to the weak guidance for Q4/22, the stock declined about 20% the following trading days.</li><li>While AWS will continue to perform quite well, the other two segments will probably suffer in an upcoming recession.</li><li>Amazon is investing heavily again, which has had a negative effect on the bottom line and, with decreased spending in the future, higher operating income is possible.</li><li>In my opinion, Amazon stock will go lower in the coming months and quarters, and $65 seems like a first good entry point, with a high risk of Amazon stock declining even lower.</li></ul><p>In my last article about Amazon.com, Inc. (NASDAQ: AMZN) in March 2022, I asked the question if Amazon is finally a buy (at that point, the stock was trading for $142). In my conclusion I wrote:</p><blockquote>I am rather neutral on Amazon right now and I think it is possible that the support level will hold, and the stock might move higher again. However, I don&#39;t know if Amazon can set new all-time highs in the foreseeable future. And I also don&#39;t think that Amazon is a bargain right now or a great investment. The company is without any doubt a great business and will be able to grow with a high pace for several years to come - but at current valuation multiples, it has to be.</blockquote><p>We now know the support level did not hold and the stock declined to the next support level around $100 (back then it was about $2,000 in the not split-adjusted chart). In the meantime, Amazon stock already bounced back to the previous support level around $145 and then declined again – and the last quarterly earnings really accelerated that decline and pushed the stock down to only $90.</p><p><b>Quarterly Results</b></p><p>At a first glance, the result doesn’t seem so bad, and one won’t necessary expect a 20% decline that followed in the days since earnings were reported on October 27, 2022. While the company beat on earnings per share expectations, it missed revenue expectations, but only by $370 million. This seems neglectable when considering total net sales of $127,101 million in Q3/22. Compared to the same quarter last year ($110,812 million in net sales), the top line increased 14.7% year-over-year. While net product sales increased from $54,876 million to $59,340 million (resulting in 8.1% year-over-year growth), net service sales increased from $55,936 million to $67,761 million (resulting in 21.1% growth).</p><p>But while the top line increased, operating income declined 48.0% YoY from $4,852 million in Q3/21 to $2,525 million in Q3/22. And diluted earnings per share also declined from $0.31 in the same quarter last year to $0.28 this quarter.</p><p>The biggest disappointment for investors was probably the company’s guidance for the fourth quarter. Amazon is expecting net sales to be between $140.0 billion and $148.0 billion, reflecting only between 2% and 8% growth compared to Q4/22 (the guidance anticipates an unfavorable impact from foreign exchange rates of 460 basis point). Operating income is expected to be between $0 and $4.0 billion, compared to $3.5 billion in the same quarter last year. And any growth rate below 7% would be the lowest quarterly growth rate for a long time (probably the lowest growth rate ever).</p><p><b>AWS: Cash Cow</b></p><p>When looking at the different segments, the picture is quite similar as in the last few quarters and years. Amazon Web Services, which was already launched in 2002, continues to be the cash cow for Amazon, and it is the segment which is generating almost all the operating income. In the third quarter of fiscal 2022, AWS generated $20,538 million in net sales. Compared to the same quarter last year, this resulted in 27% year-over-year growth (28% in FX adjusted numbers). Operating income in Q3/22 was $5,403 million, resulting in 11% year-over-year growth.</p><p><img src=\"https://static.tigerbbs.com/c08a86cc28fd43259538ed285bfeedab\" tg-width=\"640\" tg-height=\"488\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Amazon Q3/22 Presentation</p><p>And as we can see in the chart below, Amazon is the clear market leader in a fast-growing market. In Q4/21, Amazon AWS had a market share of 33% and was clearly ahead of its two main competitors – Microsoft (MSFT) with Microsoft Azure and Alphabet (GOOG,GOOGL) with Google Cloud.</p><p><img src=\"https://static.tigerbbs.com/c532163ed8f8adfb54d4dde7cbc7b9b6\" tg-width=\"640\" tg-height=\"551\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>VisualCapitalist</p><p>In my previous article about Alphabet, I already mentioned the fast-growing cloud market. Alphabet stated in a recent presentation that the cloud market is still in its early stage. According to this presentation, the public cloud services spendings are expected to double between 2022 and 2026, and not only Alphabet will profit from this trend but Amazon as well.</p><p><img src=\"https://static.tigerbbs.com/fc96088bc988e019855031a01a7b5890\" tg-width=\"640\" tg-height=\"359\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Alphabet Q3/22 Presentation</p><p>And this is backed up by several different studies (seehereandhere) andforecaststhat also expect high growth rates for the cloud business in the years to come.</p><p><b>Retail: Struggling</b></p><p>While AWS is continuing to grow at a high pace and is very profitable for Amazon, the retail business of Amazon – which is responsible for the biggest part of revenue – seems to struggle once again. The North America segment could still grow the top line at a solid pace, with increased revenue 20% year-over-year, from $65,557 million in the same quarter last year to $78,743 million this quarter. But while the segment could generate an operating profit of $880 million in the same quarter last year, it is now reporting an operating loss of $142 million.</p><p><img src=\"https://static.tigerbbs.com/5885e588ec6a05ae5e5a931755fa4637\" tg-width=\"640\" tg-height=\"489\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Amazon Q3/22 Presentation</p><p>And not only its North America segment was unprofitable this quarter. Its international segment was also unprofitable once again and reported an operating loss of $2,466 million (compared to an operating loss of $911 million in the same quarter last year). Additionally, the segment also had to report declining sales. Compared to $29,145 million in Q3/21, sales in Q3/22 were only $27,720 resulting in 5% year-over-year decline. However, this was in large parts due to currency effects – FX adjusted, sales increased 12% year-over-year.</p><p><img src=\"https://static.tigerbbs.com/08bc6732afc9fa31f5c46aafc37a26a3\" tg-width=\"640\" tg-height=\"489\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Amazon Q3/22 Presentation</p><p>So, to be honest, results are not so bad. Both segments are not profitable (we will get to this later) but the mediocre top line results are also due to the strong dollar which affected Amazon’s business – like it affected many other U.S. businesses.</p><p>And when looking at the expectations for the holiday sales, analysts and the NRF, the National Retail Federation, are quite optimistic. For the months of November and December 2022,holiday sales are expectedto be between $942.6 million and $960.4 million– resulting in 6% to 8% year-over-year growth, which is quite an optimistic forecast. Compared to the last two years (with growth rates of 9.3% in 2020 and 13.5% in 2021), this seems moderate.</p><p><img src=\"https://static.tigerbbs.com/8d45157a1039b7db14e9525fd87245fe\" tg-width=\"640\" tg-height=\"482\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>NRF</p><p>And when looking at longer timeframes, growth expectations are also high – not only for the holiday sales. While retail sales are expected to grow only with a CAGR of 3.70% between 2021 and 2026 (according to Statista), ecommerce sales are expected to grow with a much higher pace (and Amazon is generating most of its sales online). For the years from 2023 till 2026, analysts are expecting ecommerce sales to growabout 12% annually.</p><p><img src=\"https://static.tigerbbs.com/381ce5c4ddb35163699973ad633b2892\" tg-width=\"922\" tg-height=\"897\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>eMarketer // InsiderIntelligence</p><p>Now we must question if these growth expectations are realistic – especially as we are seeing strong signs for the economy crumbling and not only in the United States of America. Aside from the stock market declining about 20% (which is an early warning indicator), theyield curve inverted recently(one of the best warning signs for a recession) anddisposable income per capitais also declining for several months in a row now.</p><p>In a recession, we usually see spendings decline and here we must take a closer look at Amazon’s revenue streams. About 16% stem from AWS (see section above), and companies might cut back on spendings here – although these are fundamental services for a business. An additional 7% of revenue is stemming from subscription services, and due to switching costs we can be confident to see numbers be at least stable (many people rely on Amazon Prime for free shipping as well as the video and music content).</p><p>But about 42% of revenue stems from online stores, and about 23% stems from third-party sellers. And in both cases, we must assume consumers spending is less, which could lead to declining revenue for Amazon (or at least lower growth rates). An additional 8% of revenue is stemming from advertising and these are classical examples for businesses to cut spendings.</p><p>All in all, we should be rather cautious about Amazon’s top line growth in the next few quarters. And we should even think about the possibility of declining revenue in some quarters – depending on how extreme the recession gets.</p><p><b>Investing in the future</b></p><p>And while declining revenue (or slower growth rates) could be an issue in the coming quarters, the bottom-line results already are a reason for concern right now. Since the fourth quarter of fiscal 2021, free cash flow is negative again (when looking at the TTM numbers). And while Amazon has done a pretty good job of convincing investors to focus on top line growth and ignore profitability (something Meta Platforms (META) is failing horrible right now), investors also seem to be concerned about Amazon as well.</p><p>And I must be honest: I am also a bit irritated that Amazon, a business which is almost 30 years old and one of the major corporations in the world, is failing once again to be profitable. On the other hand, it is good to invest in the future, and we should be confident these investments will pay off.</p><p>We will especially focus on the operating expenses, as these amounts will mostly driver future growth – they include sales, marketing, research, and development. And while Amazon spent about 35% of its revenue on operating expenses in the years 2019 till 2021, it spent over 40% in the last four quarters. And when comparing Amazon to other retail companies, the difference is huge. Walmart (WMT), Target (TGT), and Kroger (KR), for example, are spending about 20% of revenue on operating expenses (Target is spending a little more than the other two). Amazon is spending twice as much of its revenue, and when this spending pays off, Amazon will probably profit in the future by higher growth rates and higher sales.</p><table><tbody><tr><th><p>Total Operating Expenses % of revenue</p></th><th><p>2019</p></th><th><p>2021</p></th><th><p>2021</p></th><th><p>TTM</p></th></tr><tr><td><p>Amazon</p></td><td><p>35.81%</p></td><td><p>33.64%</p></td><td><p>36.74%</p></td><td><p>40.46%</p></td></tr><tr><td><p>Walmart</p></td><td><p>20.59%</p></td><td><p>20.01%</p></td><td><p>20.57%</p></td><td><p>20.54%</p></td></tr><tr><td><p>Target</p></td><td><p>23.71%</p></td><td><p>22.21%</p></td><td><p>20.73%</p></td><td><p>20.79%</p></td></tr><tr><td><p>Kroger</p></td><td><p>20.59%</p></td><td><p>21.59%</p></td><td><p>20.03%</p></td><td><p>19.24%</p></td></tr></tbody></table><p>Of course, the long-term goal should be to spend only as much as necessary and cut cost of revenue as well as operating expenses as this will increase profitability. In case of Amazon, we can see that the company was able to lower its costs of revenue (as percentage of revenue) constantly during the last decade, while operating expenses increased over time.</p><p>But if Amazon can lower its operating expenses over time – and therefore increase operating margin it can be extremely profitable. And it doesn’t even have to lower its operating expenses to 20% of revenue like Walmart or Target – 30% to 35% is enough to multiply its operating income.</p><p><b>Intrinsic Value Calculation</b></p><p>And these increased spendings led to Amazon trading for extremely high valuation multiples once again. As free cash flow is negative, we can’t calculate a reasonable P/FCF ratio at this point. The P/E ratio however is 83 right now and although this is below the 5-year average (which is 105), we can’t really argue that a P/E ratio of almost 100 is cheap in any way. Such a high P/E ratio is even difficult to justify with high growth rates.</p><p><img src=\"https://static.tigerbbs.com/b80c5c9861c0f88a7c05281785e27a38\" tg-width=\"635\" tg-height=\"433\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Data by YCharts</p><p>However, it can be justified – at least in parts – by extraordinary high operating expenses, which might not only result in higher revenue growth but also in higher operating income once the high expenditures are reduced again. If we assume only about 35% of revenue spent as operating expenses in addition to 57% of revenue for costs of revenue, we will get an operating margin around 8% and an operating income of $40,000 right now. This would result in earnings per share around $3.50 in my opinion (considering taxes and interest expenses) and Amazon would therefore trade for a P/E ratio of 26.</p><p>This is a much more reasonable P/E ratio, but still a bit high in current market conditions – and we are calculating with hypothetical assumptions. I have mentioned several times that we must probably adapt to a new reality of lower P/E ratios and lower CAPE ratios. We got so used to these extremely high valuation multiples for several years now that we assume they are the norm. But the last few years have been an extreme outlier – stocks are not trading for a CAPE ratio of 30.</p><p><img src=\"https://static.tigerbbs.com/36fea4051eb380f769451c28a6ec244f\" tg-width=\"1280\" tg-height=\"930\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Advisor Perspectives</p><p>Usually, I offer an intrinsic value by using a discount cash flow calculation. For such a calculation we must make several assumptions and in case of Amazon it is extremely difficult to make these assumptions as the company is lacking consistency. We could assume operating margin to improve again in the coming quarters and Amazon still growing its top line in the mid-to-high teens and we get an extremely undervalued stock. But we could also argue that growth rates will slow down, the recession will hit Amazon hard, and profitability will decline even further in a challenging macroeconomic environment and the stock remains overvalued.</p><p><b>Technical Picture</b></p><p>Instead of trying to calculate an intrinsic value for the stock I will rather focus on the chart and the sentiment surrounding stocks – especially high-growth companies (which are close to being unprofitable).</p><p>I already started writing parts of this article about two weeks ago before earnings were reported. At that point I theorized that the stock could go up to $145 again. But I didn’t consider that scenario to be very realistic. Instead, I rather assumed the stock to decline to $100 again. And while I expected the stock to break below $100 at some point in the next few months, I didn’t think it would happen so quickly.</p><p><img src=\"https://static.tigerbbs.com/04f71c53acbba04e624687d34078dd49\" tg-width=\"640\" tg-height=\"453\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>TradingView</p><p>When looking at the chart, we can identify two strong support levels for Amazon. And a first reasonable mid-term target for the stock over the next few months is between $65 and $72. At that level we find not only the 38% Fibonacci retracement level of the last upward wave, but also the lows of the late 2018 correction. Additionally, we have a long-term trendline connecting the lows of the Dotcom bubble crash and the Great Financial Crisis. At $65, we are already looking at a 65% decline, but I don’t want to bet on Amazon already finding its cyclical bottom there.</p><p>A next potential support level would be around $45 where we find the 23% Fibonacci retracement as well as the 200-months moving average. And especially the latter is often the target for stocks in steep corrections. At that point we are looking at a 76% decline, which might seem extreme right now but is possible. And I would also not be surprised if Amazon goes even lower – depending on how the next recession and bear market play out.</p><p><b>Conclusion</b></p><p>Amazon is not extremely expensive anymore. However, I don’t see Amazon as the extreme bargain many other contributors are seeing (when scrolling through the articles, I only see bullish and extremely bullish views about Amazon).</p><p>I avoided Amazon as an investment for a long time, as I considered the stock as being just too expensive. Now, Amazon is certainly getting to price regions where the stock is starting to get interesting, but I won’t pull the trigger yet, as Amazon is still above the cycle bottom in my opinion. Investors have not priced in what is about to come for the economy as well as the stock market. And when comparing Amazon to other big tech companies – like Alphabet or Meta Platforms – the stock is still trading for rather high valuation multiples making it vulnerable to downside risk. I personally will get interested in Amazon when it is trading for $65 to $70.</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>Amazon: Buying Opportunity In The Making</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmazon: Buying Opportunity In The Making\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-09 20:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4554856-amazon-buying-opportunity-in-the-making><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryAmazon reported quarterly results a few days ago, and especially due to the weak guidance for Q4/22, the stock declined about 20% the following trading days.While AWS will continue to perform ...</p>\n\n<a href=\"https://seekingalpha.com/article/4554856-amazon-buying-opportunity-in-the-making\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://seekingalpha.com/article/4554856-amazon-buying-opportunity-in-the-making","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147357388","content_text":"SummaryAmazon reported quarterly results a few days ago, and especially due to the weak guidance for Q4/22, the stock declined about 20% the following trading days.While AWS will continue to perform quite well, the other two segments will probably suffer in an upcoming recession.Amazon is investing heavily again, which has had a negative effect on the bottom line and, with decreased spending in the future, higher operating income is possible.In my opinion, Amazon stock will go lower in the coming months and quarters, and $65 seems like a first good entry point, with a high risk of Amazon stock declining even lower.In my last article about Amazon.com, Inc. (NASDAQ: AMZN) in March 2022, I asked the question if Amazon is finally a buy (at that point, the stock was trading for $142). In my conclusion I wrote:I am rather neutral on Amazon right now and I think it is possible that the support level will hold, and the stock might move higher again. However, I don't know if Amazon can set new all-time highs in the foreseeable future. And I also don't think that Amazon is a bargain right now or a great investment. The company is without any doubt a great business and will be able to grow with a high pace for several years to come - but at current valuation multiples, it has to be.We now know the support level did not hold and the stock declined to the next support level around $100 (back then it was about $2,000 in the not split-adjusted chart). In the meantime, Amazon stock already bounced back to the previous support level around $145 and then declined again – and the last quarterly earnings really accelerated that decline and pushed the stock down to only $90.Quarterly ResultsAt a first glance, the result doesn’t seem so bad, and one won’t necessary expect a 20% decline that followed in the days since earnings were reported on October 27, 2022. While the company beat on earnings per share expectations, it missed revenue expectations, but only by $370 million. This seems neglectable when considering total net sales of $127,101 million in Q3/22. Compared to the same quarter last year ($110,812 million in net sales), the top line increased 14.7% year-over-year. While net product sales increased from $54,876 million to $59,340 million (resulting in 8.1% year-over-year growth), net service sales increased from $55,936 million to $67,761 million (resulting in 21.1% growth).But while the top line increased, operating income declined 48.0% YoY from $4,852 million in Q3/21 to $2,525 million in Q3/22. And diluted earnings per share also declined from $0.31 in the same quarter last year to $0.28 this quarter.The biggest disappointment for investors was probably the company’s guidance for the fourth quarter. Amazon is expecting net sales to be between $140.0 billion and $148.0 billion, reflecting only between 2% and 8% growth compared to Q4/22 (the guidance anticipates an unfavorable impact from foreign exchange rates of 460 basis point). Operating income is expected to be between $0 and $4.0 billion, compared to $3.5 billion in the same quarter last year. And any growth rate below 7% would be the lowest quarterly growth rate for a long time (probably the lowest growth rate ever).AWS: Cash CowWhen looking at the different segments, the picture is quite similar as in the last few quarters and years. Amazon Web Services, which was already launched in 2002, continues to be the cash cow for Amazon, and it is the segment which is generating almost all the operating income. In the third quarter of fiscal 2022, AWS generated $20,538 million in net sales. Compared to the same quarter last year, this resulted in 27% year-over-year growth (28% in FX adjusted numbers). Operating income in Q3/22 was $5,403 million, resulting in 11% year-over-year growth.Amazon Q3/22 PresentationAnd as we can see in the chart below, Amazon is the clear market leader in a fast-growing market. In Q4/21, Amazon AWS had a market share of 33% and was clearly ahead of its two main competitors – Microsoft (MSFT) with Microsoft Azure and Alphabet (GOOG,GOOGL) with Google Cloud.VisualCapitalistIn my previous article about Alphabet, I already mentioned the fast-growing cloud market. Alphabet stated in a recent presentation that the cloud market is still in its early stage. According to this presentation, the public cloud services spendings are expected to double between 2022 and 2026, and not only Alphabet will profit from this trend but Amazon as well.Alphabet Q3/22 PresentationAnd this is backed up by several different studies (seehereandhere) andforecaststhat also expect high growth rates for the cloud business in the years to come.Retail: StrugglingWhile AWS is continuing to grow at a high pace and is very profitable for Amazon, the retail business of Amazon – which is responsible for the biggest part of revenue – seems to struggle once again. The North America segment could still grow the top line at a solid pace, with increased revenue 20% year-over-year, from $65,557 million in the same quarter last year to $78,743 million this quarter. But while the segment could generate an operating profit of $880 million in the same quarter last year, it is now reporting an operating loss of $142 million.Amazon Q3/22 PresentationAnd not only its North America segment was unprofitable this quarter. Its international segment was also unprofitable once again and reported an operating loss of $2,466 million (compared to an operating loss of $911 million in the same quarter last year). Additionally, the segment also had to report declining sales. Compared to $29,145 million in Q3/21, sales in Q3/22 were only $27,720 resulting in 5% year-over-year decline. However, this was in large parts due to currency effects – FX adjusted, sales increased 12% year-over-year.Amazon Q3/22 PresentationSo, to be honest, results are not so bad. Both segments are not profitable (we will get to this later) but the mediocre top line results are also due to the strong dollar which affected Amazon’s business – like it affected many other U.S. businesses.And when looking at the expectations for the holiday sales, analysts and the NRF, the National Retail Federation, are quite optimistic. For the months of November and December 2022,holiday sales are expectedto be between $942.6 million and $960.4 million– resulting in 6% to 8% year-over-year growth, which is quite an optimistic forecast. Compared to the last two years (with growth rates of 9.3% in 2020 and 13.5% in 2021), this seems moderate.NRFAnd when looking at longer timeframes, growth expectations are also high – not only for the holiday sales. While retail sales are expected to grow only with a CAGR of 3.70% between 2021 and 2026 (according to Statista), ecommerce sales are expected to grow with a much higher pace (and Amazon is generating most of its sales online). For the years from 2023 till 2026, analysts are expecting ecommerce sales to growabout 12% annually.eMarketer // InsiderIntelligenceNow we must question if these growth expectations are realistic – especially as we are seeing strong signs for the economy crumbling and not only in the United States of America. Aside from the stock market declining about 20% (which is an early warning indicator), theyield curve inverted recently(one of the best warning signs for a recession) anddisposable income per capitais also declining for several months in a row now.In a recession, we usually see spendings decline and here we must take a closer look at Amazon’s revenue streams. About 16% stem from AWS (see section above), and companies might cut back on spendings here – although these are fundamental services for a business. An additional 7% of revenue is stemming from subscription services, and due to switching costs we can be confident to see numbers be at least stable (many people rely on Amazon Prime for free shipping as well as the video and music content).But about 42% of revenue stems from online stores, and about 23% stems from third-party sellers. And in both cases, we must assume consumers spending is less, which could lead to declining revenue for Amazon (or at least lower growth rates). An additional 8% of revenue is stemming from advertising and these are classical examples for businesses to cut spendings.All in all, we should be rather cautious about Amazon’s top line growth in the next few quarters. And we should even think about the possibility of declining revenue in some quarters – depending on how extreme the recession gets.Investing in the futureAnd while declining revenue (or slower growth rates) could be an issue in the coming quarters, the bottom-line results already are a reason for concern right now. Since the fourth quarter of fiscal 2021, free cash flow is negative again (when looking at the TTM numbers). And while Amazon has done a pretty good job of convincing investors to focus on top line growth and ignore profitability (something Meta Platforms (META) is failing horrible right now), investors also seem to be concerned about Amazon as well.And I must be honest: I am also a bit irritated that Amazon, a business which is almost 30 years old and one of the major corporations in the world, is failing once again to be profitable. On the other hand, it is good to invest in the future, and we should be confident these investments will pay off.We will especially focus on the operating expenses, as these amounts will mostly driver future growth – they include sales, marketing, research, and development. And while Amazon spent about 35% of its revenue on operating expenses in the years 2019 till 2021, it spent over 40% in the last four quarters. And when comparing Amazon to other retail companies, the difference is huge. Walmart (WMT), Target (TGT), and Kroger (KR), for example, are spending about 20% of revenue on operating expenses (Target is spending a little more than the other two). Amazon is spending twice as much of its revenue, and when this spending pays off, Amazon will probably profit in the future by higher growth rates and higher sales.Total Operating Expenses % of revenue201920212021TTMAmazon35.81%33.64%36.74%40.46%Walmart20.59%20.01%20.57%20.54%Target23.71%22.21%20.73%20.79%Kroger20.59%21.59%20.03%19.24%Of course, the long-term goal should be to spend only as much as necessary and cut cost of revenue as well as operating expenses as this will increase profitability. In case of Amazon, we can see that the company was able to lower its costs of revenue (as percentage of revenue) constantly during the last decade, while operating expenses increased over time.But if Amazon can lower its operating expenses over time – and therefore increase operating margin it can be extremely profitable. And it doesn’t even have to lower its operating expenses to 20% of revenue like Walmart or Target – 30% to 35% is enough to multiply its operating income.Intrinsic Value CalculationAnd these increased spendings led to Amazon trading for extremely high valuation multiples once again. As free cash flow is negative, we can’t calculate a reasonable P/FCF ratio at this point. The P/E ratio however is 83 right now and although this is below the 5-year average (which is 105), we can’t really argue that a P/E ratio of almost 100 is cheap in any way. Such a high P/E ratio is even difficult to justify with high growth rates.Data by YChartsHowever, it can be justified – at least in parts – by extraordinary high operating expenses, which might not only result in higher revenue growth but also in higher operating income once the high expenditures are reduced again. If we assume only about 35% of revenue spent as operating expenses in addition to 57% of revenue for costs of revenue, we will get an operating margin around 8% and an operating income of $40,000 right now. This would result in earnings per share around $3.50 in my opinion (considering taxes and interest expenses) and Amazon would therefore trade for a P/E ratio of 26.This is a much more reasonable P/E ratio, but still a bit high in current market conditions – and we are calculating with hypothetical assumptions. I have mentioned several times that we must probably adapt to a new reality of lower P/E ratios and lower CAPE ratios. We got so used to these extremely high valuation multiples for several years now that we assume they are the norm. But the last few years have been an extreme outlier – stocks are not trading for a CAPE ratio of 30.Advisor PerspectivesUsually, I offer an intrinsic value by using a discount cash flow calculation. For such a calculation we must make several assumptions and in case of Amazon it is extremely difficult to make these assumptions as the company is lacking consistency. We could assume operating margin to improve again in the coming quarters and Amazon still growing its top line in the mid-to-high teens and we get an extremely undervalued stock. But we could also argue that growth rates will slow down, the recession will hit Amazon hard, and profitability will decline even further in a challenging macroeconomic environment and the stock remains overvalued.Technical PictureInstead of trying to calculate an intrinsic value for the stock I will rather focus on the chart and the sentiment surrounding stocks – especially high-growth companies (which are close to being unprofitable).I already started writing parts of this article about two weeks ago before earnings were reported. At that point I theorized that the stock could go up to $145 again. But I didn’t consider that scenario to be very realistic. Instead, I rather assumed the stock to decline to $100 again. And while I expected the stock to break below $100 at some point in the next few months, I didn’t think it would happen so quickly.TradingViewWhen looking at the chart, we can identify two strong support levels for Amazon. And a first reasonable mid-term target for the stock over the next few months is between $65 and $72. At that level we find not only the 38% Fibonacci retracement level of the last upward wave, but also the lows of the late 2018 correction. Additionally, we have a long-term trendline connecting the lows of the Dotcom bubble crash and the Great Financial Crisis. At $65, we are already looking at a 65% decline, but I don’t want to bet on Amazon already finding its cyclical bottom there.A next potential support level would be around $45 where we find the 23% Fibonacci retracement as well as the 200-months moving average. And especially the latter is often the target for stocks in steep corrections. At that point we are looking at a 76% decline, which might seem extreme right now but is possible. And I would also not be surprised if Amazon goes even lower – depending on how the next recession and bear market play out.ConclusionAmazon is not extremely expensive anymore. However, I don’t see Amazon as the extreme bargain many other contributors are seeing (when scrolling through the articles, I only see bullish and extremely bullish views about Amazon).I avoided Amazon as an investment for a long time, as I considered the stock as being just too expensive. Now, Amazon is certainly getting to price regions where the stock is starting to get interesting, but I won’t pull the trigger yet, as Amazon is still above the cycle bottom in my opinion. Investors have not priced in what is about to come for the economy as well as the stock market. And when comparing Amazon to other big tech companies – like Alphabet or Meta Platforms – the stock is still trading for rather high valuation multiples making it vulnerable to downside risk. I personally will get interested in Amazon when it is trading for $65 to $70.","news_type":1,"symbols_score_info":{"AMZN":0.9}},"isVote":1,"tweetType":1,"viewCount":2963,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9984615941,"gmtCreate":1667615701483,"gmtModify":1676537944958,"author":{"id":"3573203718015318","authorId":"3573203718015318","name":"JenneyJJ","avatar":"https://static.itradeup.com/news/b13adb37ca4f467841be761d65d844b5","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573203718015318","idStr":"3573203718015318"},"themes":[],"htmlText":"Ok, noted with thanks 😊","listText":"Ok, noted with thanks 😊","text":"Ok, noted with thanks 😊","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9984615941","repostId":"1191661208","repostType":4,"repost":{"id":"1191661208","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":1667540248,"share":"https://ttm.financial/m/news/1191661208?lang=en_US&edition=fundamental","pubTime":"2022-11-04 13:37","market":"us","language":"en","title":"Reminder: US Trading Schedule Change Due to Daylight Saving Time","url":"https://stock-news.laohu8.com/highlight/detail?id=1191661208","media":"Tiger Newspress","summary":"Please be informed that the U.S. Daylight Saving Time (DST) will end from 6 November 2022, Sunday 3:","content":"<html><head></head><body><p>Please be informed that the U.S. Daylight Saving Time (DST) will end from 6 November 2022, Sunday 3:00 am EDT (Eastern Daylight Time) to 12 March 2023, Sunday 2:00 am EST (Eastern Standard Time). The time will be moved an hour backward.</p><h2>For investors in Singapore:</h2><p>Trading hours for U.S. markets (EST): Monday to Friday 10:30 pm SGT[Singapore Standard Time] - 5:00 am (the next day)SGT[Singapore Standard Time].</p><h2>For investors in Australia:</h2><p>Trading hours for U.S. markets (EST): Monday to Friday 1:30 am (the next day) AEDT[Australian Eastern Daylight Time] - 8:00 am (the next day) AEDT[Australian Eastern Daylight Time].</p><p><img src=\"https://static.tigerbbs.com/67860c57965ec57d43055e2dc420cbd3\" tg-width=\"1080\" tg-height=\"1080\" referrerpolicy=\"no-referrer\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Reminder: US Trading Schedule Change Due to Daylight Saving Time</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nReminder: US Trading Schedule Change Due to Daylight Saving Time\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\">2022-11-04 13:37</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Please be informed that the U.S. Daylight Saving Time (DST) will end from 6 November 2022, Sunday 3:00 am EDT (Eastern Daylight Time) to 12 March 2023, Sunday 2:00 am EST (Eastern Standard Time). The time will be moved an hour backward.</p><h2>For investors in Singapore:</h2><p>Trading hours for U.S. markets (EST): Monday to Friday 10:30 pm SGT[Singapore Standard Time] - 5:00 am (the next day)SGT[Singapore Standard Time].</p><h2>For investors in Australia:</h2><p>Trading hours for U.S. markets (EST): Monday to Friday 1:30 am (the next day) AEDT[Australian Eastern Daylight Time] - 8:00 am (the next day) AEDT[Australian Eastern Daylight Time].</p><p><img src=\"https://static.tigerbbs.com/67860c57965ec57d43055e2dc420cbd3\" tg-width=\"1080\" tg-height=\"1080\" referrerpolicy=\"no-referrer\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191661208","content_text":"Please be informed that the U.S. Daylight Saving Time (DST) will end from 6 November 2022, Sunday 3:00 am EDT (Eastern Daylight Time) to 12 March 2023, Sunday 2:00 am EST (Eastern Standard Time). The time will be moved an hour backward.For investors in Singapore:Trading hours for U.S. markets (EST): Monday to Friday 10:30 pm SGT[Singapore Standard Time] - 5:00 am (the next day)SGT[Singapore Standard Time].For investors in Australia:Trading hours for U.S. markets (EST): Monday to Friday 1:30 am (the next day) AEDT[Australian Eastern Daylight Time] - 8:00 am (the next day) AEDT[Australian Eastern Daylight Time].","news_type":1,"symbols_score_info":{".IXIC":0.9,".SPX":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":1528,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9984612009,"gmtCreate":1667615524601,"gmtModify":1676537944934,"author":{"id":"3573203718015318","authorId":"3573203718015318","name":"JenneyJJ","avatar":"https://static.itradeup.com/news/b13adb37ca4f467841be761d65d844b5","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573203718015318","idStr":"3573203718015318"},"themes":[],"htmlText":"👌🏻👍🏻","listText":"👌🏻👍🏻","text":"👌🏻👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9984612009","repostId":"2281685193","repostType":4,"repost":{"id":"2281685193","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":1667578905,"share":"https://ttm.financial/m/news/2281685193?lang=en_US&edition=fundamental","pubTime":"2022-11-05 00:21","market":"us","language":"en","title":"Elon Musk Says Tesla Has Never Contemplated Investing in Glencore","url":"https://stock-news.laohu8.com/highlight/detail?id=2281685193","media":"Reuters","summary":" - $Tesla$ Chief Executive Elon Musk said on Friday that the electric carmaker has never considered investing in Swiss commodities group Glencore.\"No. We've never contemplated investing in Glencore,\" he said, speaking at an investor conference in New York.The Financial Times recently reported that Tesla had held talks on taking a 10-20% stake in  Glencore, but the discussions ended with no deal reached.","content":"<html><head></head><body><p>(Reuters) - <a href=\"https://laohu8.com/S/TSLA\">Tesla</a> Chief Executive Elon Musk said on Friday that the electric carmaker has never considered investing in Swiss commodities group Glencore.</p><p>&#34;No. We&#39;ve never contemplated investing in Glencore,&#34; he said, speaking at an investor conference in New York.</p><p>The Financial Times recently reported that Tesla had held talks on taking a 10-20% stake in  Glencore, but the discussions ended with no deal reached.</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>Elon Musk Says Tesla Has Never Contemplated Investing in Glencore</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\">\nElon Musk Says Tesla Has Never Contemplated Investing in Glencore\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\">2022-11-05 00:21</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) - <a href=\"https://laohu8.com/S/TSLA\">Tesla</a> Chief Executive Elon Musk said on Friday that the electric carmaker has never considered investing in Swiss commodities group Glencore.</p><p>&#34;No. We&#39;ve never contemplated investing in Glencore,&#34; he said, speaking at an investor conference in New York.</p><p>The Financial Times recently reported that Tesla had held talks on taking a 10-20% stake in  Glencore, but the discussions ended with no deal reached.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2281685193","content_text":"(Reuters) - Tesla Chief Executive Elon Musk said on Friday that the electric carmaker has never considered investing in Swiss commodities group Glencore.\"No. We've never contemplated investing in Glencore,\" he said, speaking at an investor conference in New York.The Financial Times recently reported that Tesla had held talks on taking a 10-20% stake in  Glencore, but the discussions ended with no deal reached.","news_type":1,"symbols_score_info":{"TSLA":1}},"isVote":1,"tweetType":1,"viewCount":1310,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9985960829,"gmtCreate":1667294494162,"gmtModify":1676537893065,"author":{"id":"3573203718015318","authorId":"3573203718015318","name":"JenneyJJ","avatar":"https://static.itradeup.com/news/b13adb37ca4f467841be761d65d844b5","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573203718015318","idStr":"3573203718015318"},"themes":[],"htmlText":"👍🏻👍🏻","listText":"👍🏻👍🏻","text":"👍🏻👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9985960829","repostId":"1124325284","repostType":4,"isVote":1,"tweetType":1,"viewCount":1410,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9986504841,"gmtCreate":1666972913683,"gmtModify":1676537843194,"author":{"id":"3573203718015318","authorId":"3573203718015318","name":"JenneyJJ","avatar":"https://static.itradeup.com/news/b13adb37ca4f467841be761d65d844b5","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573203718015318","idStr":"3573203718015318"},"themes":[],"htmlText":"🥳👏🏻👏🏻","listText":"🥳👏🏻👏🏻","text":"🥳👏🏻👏🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9986504841","repostId":"1100972701","repostType":4,"isVote":1,"tweetType":1,"viewCount":1025,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9988517787,"gmtCreate":1666786775049,"gmtModify":1676537806042,"author":{"id":"3573203718015318","authorId":"3573203718015318","name":"JenneyJJ","avatar":"https://static.itradeup.com/news/b13adb37ca4f467841be761d65d844b5","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573203718015318","idStr":"3573203718015318"},"themes":[],"htmlText":"👌🏻","listText":"👌🏻","text":"👌🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9988517787","repostId":"1101935799","repostType":4,"repost":{"id":"1101935799","kind":"news","pubTimestamp":1666756314,"share":"https://ttm.financial/m/news/1101935799?lang=en_US&edition=fundamental","pubTime":"2022-10-26 11:51","market":"us","language":"en","title":"Is Google A Buy After Q3 Earnings? The Moment Of Truth Is Here","url":"https://stock-news.laohu8.com/highlight/detail?id=1101935799","media":"Seeking Alpha","summary":"SummaryGoogle's Q3 2022 was a double-miss on both the top- and bottom-lines. Yet, its core underlyin","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>Google&#39;s Q3 2022 was a double-miss on both the top- and bottom-lines. Yet, its core underlying business in advertising and cloud-computing remains strong.</li><li>FX was the biggest drag on Google&#39;s results, which was further corroborated by double-digit constant currency growth observed across its core segments, as previously expected.</li><li>We believe Google&#39;s Q3 2022 results demonstrate resilience, making the stock&#39;s latest knee-jerk pullback on the double-miss a compelling entry opportunity.</li></ul><p>No company is immune to looming macroeconomic headwinds, yet Alphabet Inc.’s (NASDAQ: GOOG, NASDAQ: GOOGL) (&#34;Google&#34;)Q3 2022 results have proven that it continues to be more resilient than most – especially its ad-focused peers that continue to reel from the double-whammy of macro-driven ad spending weakness and Apple’s (AAPL) signal loss. Despite the weight of FX headwinds which were largely expected given the rapid surge in the dollar in recent months and observed in the large gap between Google’s 6% y/y revenue growth and the 11% constant currency equivalent, the company continued to benefit from “growth in Search and momentum in Cloud.”</p><p>Google Search and YouTube advertising demand was a key focus area for many investors heading into its latest earnings release, as talks about softening ad spending have gained momentum in recent months. Markets have been bracing for a slowdown in consumer spending and an impending recession. Investors’ angst only worsened after advertising peer Snap Inc. (SNAP) reported the “worst revenue growth rate in its history,” elevating concerns over rising competition and broader macro headwinds. However, Google’s delivery of advertising sales growth in Q3 2022 (inclusive of FX headwind) suggests it continues to benefit as a market leader, as advertisers remain cautions on the allocation of ad dollars, favoring the best “value for money” ad distribution channels amid a looming economic downturn.</p><p>Google Cloud is another key spotlight for the company, as the segment maintains momentum by benefiting from the increasing adoption of a multi-cloud strategy across the commercial sector. The segment’s continued growth also contributes positively to its profitability trajectory – something that investors are hoping would come soon to match the lucrative margins achieved by rivals AWS (AMZN) and Azure (MSFT).</p><p>Solid fundamentals backed by a sustained moat, paired with its increasing share in the burgeoning cloud market continues to be the key bullish narratives driving the Google stock’s forward uptrend prospects. While Google has made a few brief appearances in the sub-$100 level over recent weeks, we remain optimistic that the stock has found bottom at current levels of about 20x forward earnings compared with the large-cap median of around 28x.</p><p><b>Google Shows How Valuable Its Moat Is</b></p><p>Google’s moat in digital ads has long been dubbed its key bullish thesis. Yet, nobody has really seen how strong and resilient it has become until the rapid deterioration of global macroeconomic conditions observed in recent months. The company’s 3Q22 ad revenue growth (+6% y/y; -1% q/q, inclusive of FX headwinds) continues to demonstrate not only the competitive advantage of its market dominance, but also the prudent management of its ad business strategy with diversified distribution outlets to mitigate concentration risk (cue social media turmoil with data signal loss).</p><p>Major challenges in digital advertising today include diminishing ad dollars ahead of a looming recession, industry-specific headwinds regarding restricted user data access, and an overall increase in competition. But Google’s moat with Search and YouTube continues mitigate its exposure to such risks.</p><p>Digital formats currently account for close to two-thirds of ad placements, displacing traditional distribution channels (e.g., linear TV; radio; paper). The majority of ad dollars were allocated to digital media in 1H22, with search and short-form video being two of the most common platforms, boasting19% and 14% y/y growth, respectively. And the trends are expected to last in the foreseeable future, with search ads expected to close the current year with at least 17% y/y growth, and short-form video/streaming 22%.</p><p>This continues to make strong tailwinds for Google’s advertising business, representing a massive growth opportunity for its moat to capitalize on. This is especially true under the current market climate, where advertisers are looking for distribution formats that can provide good value for money. YouTube currently accounts for 8% of all TV usage in the U.S. alone, beating Netflix’s(NFLX) 7%, which supports favorable reach for ads. Despite rising competition from TikTok on capturing share of total user screen time, Google’s equivalent YouTube Shorts are capitalizing on digital advertising opportunities well by improving monetizationand enabling ad revenue sharing with content creators. Meanwhile, Google Search remains the leading online search engine, facilitating close to 10 billion search requests per day.</p><p>Merchants currently spend on average 3.8% of its revenues on advertising, which is a material number considering the increasing focus on expanding profit margins to brace for the impending market downturn. Recentresearchshows that ad spending needs to be within the range of 1% to 9% of revenues paired with a fair “channel mix” in order to achieve optimal engagement and conversion results. With Google Search and YouTube being dominant ad distribution engines today, the company continues to be the best choice for all advertisers and merchants, large and small.</p><p>In addition to favorable market trends, Google’s advertising business is also expected to benefit from improved ad spending ahead of the upcoming holiday season. Industry trackers continue to show that m/m ad spending has steadily increased since September, with holiday advertising budgets “ratcheting up” earlier than expected this year in October. This is further corroborated with expectations for the holiday shopping season to startearlierthis year, as consumers look to take advantage of sales and discounts to compensate for rising inflationary pressures.</p><p>In addition to expectations for improved demand volume in 4Q22, we also think Google will benefit from pricing gains. Specifically, recent 3P data has demonstrated some “bias in ad spend towards [Meta Platforms] (META) compared to Google due to [return on ad spending / cost per action] (“ROA” / “CPA”) improvements via Advantage+” (Advantage+ is a new advertising format offered by Meta Platforms – see morehere). While this may seem like competition headwinds for Google, we think its higher cost per mille (“CPM,” or cost per every 1,000 ad impressions) will pay-off over the longer-term. This circles back to Google’s moat in digital ads – its platforms deliver. Although Meta Platforms has beenlowering its ad pricingsteadily this year to attract better take-rates and compensate Apple’s signal loss headwinds (which is good for the company, in our opinion), we think the fact that market expectations for social media ad spend to fall from 38% y/y growth last year to merely 3.2% y/y growth this year continues to corroborate more robust demand for Google’s advertising formats within the foreseeable future – especially as advertisers remain cautious on ad spending in the near-term.</p><p><b>GCP On Cloud 9</b></p><p>Although Google Cloud Platform (“GCP”) is currently the third largest public cloud service provider, it has always been the underdog given the glaring distance between its market share size compared to AWS and Azure’s. Yet, the increasing adoption of a multi-cloud strategy across corporate settings due to benefits spanning “risk mitigation, reliability/redundancy”, multi-function availability, and most importantly, cost-efficiencies is narrowing that gap for GCP from its leading contenders. And the segment’s robust 3Q22 results (revenue +38% y/y, +9% q/q; operating loss lowered by 19% q/q) solidifies that outlook.</p><p>Looking ahead, we see a continuation of this gradual build-up in GCP momentum supported by favorable take-rates observed across both large enterprises and small- and medium-sized businesses. And this will be critical to bringing the segment to ultimate profitability that imitates the ever-expanding margins observed at AWS and Azure through rapid scale, providing another cash-generating moat for the consolidated company.</p><p>Currently, close to 90% of corporations that have begun their respective transitions from legacy IT infrastructures to the cloud have indicated that they use “multiple public cloud providers,” with many indicating spending intentions on GCP in the foreseeable future, underscoring potential for greater penetration into opportunities across large and medium-sized enterprises currently dominated by AWS and Azure within the near-term. GCP is also gaining traction among small enterprises, tying with Azure in second place in terms of market share at 30%. Although SMBs are typically considered the more recession-prone cohort, which could potentially subject GCP to greater macro risk exposure within the near-term relative to AWS and Azure, cloud budgets have remained resilient so far:</p><blockquote>[Dan] Ives said cybersecurity earnings should also hold up well as spending on cloud transformation projects, data analytics and hybrid cloud integrations are still getting &#34;green lighted&#34; by many companies due to budgets already being set going into next year.</blockquote><blockquote>Source:Seeking Alpha</blockquote><p>This is also consistent with findings discussed in ourprevious coverage, where the migration to cloud remains a key deflationary factor:</p><blockquote>Google Cloud’s continued growth trajectory is further corroborated by resilient demand despite broad-based macro challenges – building a digital fabric remains acritical missionfor the commercial sector in order to ensure &#34;improved productivity in the inflationary environment&#34;, meaning IT spending on migrating workloads to the cloud and other digital transformation projects will remain strong.</blockquote><blockquote>Source: “Google&#39;s Post-Earnings Rally Signals The Bottom Is In”</blockquote><p>We also view Google’s plans to penetrate underserved markets as a prudent strategy to address the massive market share gap between GCP and market leaders AWS and Azure. The company’s latest decision to introduce its cloud-computing services inSouth Africaas part of its $1 billion multi-year investment strategy in Africa is expected to further its global market share within the fast-expanding industry. By building out local cloud infrastructure in South Africa, GCP ensures reliability of its services provided, while also addressing local data storage requirements, making it an optimal choice for the region’s commercial segment.</p><p>In addition to expanding GCP’s global availability to bolster its competitiveness within the cloud-computing market, Google has also ramped up its AI capabilities and related offerings, addressing a factor that has become increasingly critical within commercial IT environments. These include the recent introduction ofVertex AI Vision, an AI-enabled image recognition tool;Translation Hub, which uses AI to translate entire documents in 135 different languages; andContact Center AI, an AI-enabled customer service tool. By double-downing on developments in AI/ML, Google effectively bolsters GCP’s ability to address increasing considerations/demand for automation when key decision-makers evaluate IT vendors today. This is also consistent with the fact thatmore than 40%of corporate employees across the U.S. have pointed to the use of low-code techniques as critical in the increasingly data-driven workplace.</p><p>Last but not least, Google’s acquisition of Mandiant this year is expected to further improve GCP growth over the longer-term. Security currently presents itself as the most resilient segment in software amid looming recession risks. Close to 95% of corporate America has suggested that security spend will continue to increase despite near-term macro uncertainties, making it a key investment area due to an increased urgency to protect data fromrising cyber threats.</p><p>The Google-Mandiant combination has already resulted in synergies, with a new joint cybersecurity initiative –Mandiant Breach AnalyticsforChronicle Security Operations– to address said opportunities. Chronicle is a suite of cybersecurity solutions offered as part of GCP. And Mandiant Breach Analytics is the newest cyber threat detection and response tool developed by Mandiant that leverages the “power of the Google Cloud Chronicle Security Operations suite” to enable rapid threat detection and response. Key features of Mandiant Breach Analytics include reducing the time between “cyber intrusion” and “discovery and response” from the current average of about 21 days, and offering “active insight into threats” that can help GCP customers take swift action to “mitigate the impact of targeted attacks, while reducing the cost of current approaches.”</p><p><b>Key Risk Considerations</b></p><p>The irony between Google’s 3Q double-miss and outperforming fundamentals compared to its peer group underscores the impact of growing FX headwinds on the business. With the dollar expected to maintain a rapid rise over coming months as the Fed remains pressed on an aggressive rate hike agenda to tame inflation, FX will remain a near-term overhang on Google’s fundamental performance. More than half of the company’s revenues are currently generated from operations outside of the U.S., underscoring its significant exposure to FX headwinds over coming months. Yet, this is not an idiosyncratic risk to Google – in fact, even if the business shows 100% resiliency against the looming economic downturn, FX impacts will still erode its fundamental outperformance due to the global scale of its business.</p><p>Competition is another key risk, though Google is expected to navigate through this business challenge better than peers. On the advertising front, Google continues to benefit from market leading reach, especially in Search. Meanwhile, YouTube remains a key shareholder of daily user screentime. Although YouTube ad revenues showed its first sequential decline in two years during the third quarter, which implies softness in take-rates that were insufficient to overcome FX headwinds, we expect results from the newly implemented monetization efforts on Shorts paired with the platform’s increasing share of user screen time to ramp up and become more evident over coming months. Meanwhile, on the cloud-computing front, we believe GCP’s momentum demonstrated in 3Q22 puts rivals AWS and Azure on notice – if anything, GCP is a rising contender, instead of one that is losing market share within the fast-expanding yet increasingly crowded cloud-computing landscape.</p><p><b>Final Thoughts</b></p><p>Google’s resilience demonstrated through a tough 3Q22 macro environment should assuage investors’ concerns over increasing fragility in ad spending given looming economic weakness. We believe 3Q was a big test for investors’ confidence in the Google stock, and the company’s robust fundamental showing (barring FX headwinds) and favorable forward market trends discussed in the foregoing analysis over the immediate- and longer-term shows it has passed the test.</p><p>With Google now trading below “its 10-year average and the Nasdaq 100 overall,” and underlying fundamentals that continue to outperform those of its peers, the latest market selloff has created a compelling entry opportunity for Google stock as a long-term investment.</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>Is Google A Buy After Q3 Earnings? The Moment Of Truth Is Here</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\">\nIs Google A Buy After Q3 Earnings? The Moment Of Truth Is Here\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-26 11:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4549071-is-google-a-buy-after-q3-earnings-the-moment-of-truth-is-here><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryGoogle's Q3 2022 was a double-miss on both the top- and bottom-lines. Yet, its core underlying business in advertising and cloud-computing remains strong.FX was the biggest drag on Google's ...</p>\n\n<a href=\"https://seekingalpha.com/article/4549071-is-google-a-buy-after-q3-earnings-the-moment-of-truth-is-here\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOGL":"谷歌A","GOOG":"谷歌"},"source_url":"https://seekingalpha.com/article/4549071-is-google-a-buy-after-q3-earnings-the-moment-of-truth-is-here","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101935799","content_text":"SummaryGoogle's Q3 2022 was a double-miss on both the top- and bottom-lines. Yet, its core underlying business in advertising and cloud-computing remains strong.FX was the biggest drag on Google's results, which was further corroborated by double-digit constant currency growth observed across its core segments, as previously expected.We believe Google's Q3 2022 results demonstrate resilience, making the stock's latest knee-jerk pullback on the double-miss a compelling entry opportunity.No company is immune to looming macroeconomic headwinds, yet Alphabet Inc.’s (NASDAQ: GOOG, NASDAQ: GOOGL) (\"Google\")Q3 2022 results have proven that it continues to be more resilient than most – especially its ad-focused peers that continue to reel from the double-whammy of macro-driven ad spending weakness and Apple’s (AAPL) signal loss. Despite the weight of FX headwinds which were largely expected given the rapid surge in the dollar in recent months and observed in the large gap between Google’s 6% y/y revenue growth and the 11% constant currency equivalent, the company continued to benefit from “growth in Search and momentum in Cloud.”Google Search and YouTube advertising demand was a key focus area for many investors heading into its latest earnings release, as talks about softening ad spending have gained momentum in recent months. Markets have been bracing for a slowdown in consumer spending and an impending recession. Investors’ angst only worsened after advertising peer Snap Inc. (SNAP) reported the “worst revenue growth rate in its history,” elevating concerns over rising competition and broader macro headwinds. However, Google’s delivery of advertising sales growth in Q3 2022 (inclusive of FX headwind) suggests it continues to benefit as a market leader, as advertisers remain cautions on the allocation of ad dollars, favoring the best “value for money” ad distribution channels amid a looming economic downturn.Google Cloud is another key spotlight for the company, as the segment maintains momentum by benefiting from the increasing adoption of a multi-cloud strategy across the commercial sector. The segment’s continued growth also contributes positively to its profitability trajectory – something that investors are hoping would come soon to match the lucrative margins achieved by rivals AWS (AMZN) and Azure (MSFT).Solid fundamentals backed by a sustained moat, paired with its increasing share in the burgeoning cloud market continues to be the key bullish narratives driving the Google stock’s forward uptrend prospects. While Google has made a few brief appearances in the sub-$100 level over recent weeks, we remain optimistic that the stock has found bottom at current levels of about 20x forward earnings compared with the large-cap median of around 28x.Google Shows How Valuable Its Moat IsGoogle’s moat in digital ads has long been dubbed its key bullish thesis. Yet, nobody has really seen how strong and resilient it has become until the rapid deterioration of global macroeconomic conditions observed in recent months. The company’s 3Q22 ad revenue growth (+6% y/y; -1% q/q, inclusive of FX headwinds) continues to demonstrate not only the competitive advantage of its market dominance, but also the prudent management of its ad business strategy with diversified distribution outlets to mitigate concentration risk (cue social media turmoil with data signal loss).Major challenges in digital advertising today include diminishing ad dollars ahead of a looming recession, industry-specific headwinds regarding restricted user data access, and an overall increase in competition. But Google’s moat with Search and YouTube continues mitigate its exposure to such risks.Digital formats currently account for close to two-thirds of ad placements, displacing traditional distribution channels (e.g., linear TV; radio; paper). The majority of ad dollars were allocated to digital media in 1H22, with search and short-form video being two of the most common platforms, boasting19% and 14% y/y growth, respectively. And the trends are expected to last in the foreseeable future, with search ads expected to close the current year with at least 17% y/y growth, and short-form video/streaming 22%.This continues to make strong tailwinds for Google’s advertising business, representing a massive growth opportunity for its moat to capitalize on. This is especially true under the current market climate, where advertisers are looking for distribution formats that can provide good value for money. YouTube currently accounts for 8% of all TV usage in the U.S. alone, beating Netflix’s(NFLX) 7%, which supports favorable reach for ads. Despite rising competition from TikTok on capturing share of total user screen time, Google’s equivalent YouTube Shorts are capitalizing on digital advertising opportunities well by improving monetizationand enabling ad revenue sharing with content creators. Meanwhile, Google Search remains the leading online search engine, facilitating close to 10 billion search requests per day.Merchants currently spend on average 3.8% of its revenues on advertising, which is a material number considering the increasing focus on expanding profit margins to brace for the impending market downturn. Recentresearchshows that ad spending needs to be within the range of 1% to 9% of revenues paired with a fair “channel mix” in order to achieve optimal engagement and conversion results. With Google Search and YouTube being dominant ad distribution engines today, the company continues to be the best choice for all advertisers and merchants, large and small.In addition to favorable market trends, Google’s advertising business is also expected to benefit from improved ad spending ahead of the upcoming holiday season. Industry trackers continue to show that m/m ad spending has steadily increased since September, with holiday advertising budgets “ratcheting up” earlier than expected this year in October. This is further corroborated with expectations for the holiday shopping season to startearlierthis year, as consumers look to take advantage of sales and discounts to compensate for rising inflationary pressures.In addition to expectations for improved demand volume in 4Q22, we also think Google will benefit from pricing gains. Specifically, recent 3P data has demonstrated some “bias in ad spend towards [Meta Platforms] (META) compared to Google due to [return on ad spending / cost per action] (“ROA” / “CPA”) improvements via Advantage+” (Advantage+ is a new advertising format offered by Meta Platforms – see morehere). While this may seem like competition headwinds for Google, we think its higher cost per mille (“CPM,” or cost per every 1,000 ad impressions) will pay-off over the longer-term. This circles back to Google’s moat in digital ads – its platforms deliver. Although Meta Platforms has beenlowering its ad pricingsteadily this year to attract better take-rates and compensate Apple’s signal loss headwinds (which is good for the company, in our opinion), we think the fact that market expectations for social media ad spend to fall from 38% y/y growth last year to merely 3.2% y/y growth this year continues to corroborate more robust demand for Google’s advertising formats within the foreseeable future – especially as advertisers remain cautious on ad spending in the near-term.GCP On Cloud 9Although Google Cloud Platform (“GCP”) is currently the third largest public cloud service provider, it has always been the underdog given the glaring distance between its market share size compared to AWS and Azure’s. Yet, the increasing adoption of a multi-cloud strategy across corporate settings due to benefits spanning “risk mitigation, reliability/redundancy”, multi-function availability, and most importantly, cost-efficiencies is narrowing that gap for GCP from its leading contenders. And the segment’s robust 3Q22 results (revenue +38% y/y, +9% q/q; operating loss lowered by 19% q/q) solidifies that outlook.Looking ahead, we see a continuation of this gradual build-up in GCP momentum supported by favorable take-rates observed across both large enterprises and small- and medium-sized businesses. And this will be critical to bringing the segment to ultimate profitability that imitates the ever-expanding margins observed at AWS and Azure through rapid scale, providing another cash-generating moat for the consolidated company.Currently, close to 90% of corporations that have begun their respective transitions from legacy IT infrastructures to the cloud have indicated that they use “multiple public cloud providers,” with many indicating spending intentions on GCP in the foreseeable future, underscoring potential for greater penetration into opportunities across large and medium-sized enterprises currently dominated by AWS and Azure within the near-term. GCP is also gaining traction among small enterprises, tying with Azure in second place in terms of market share at 30%. Although SMBs are typically considered the more recession-prone cohort, which could potentially subject GCP to greater macro risk exposure within the near-term relative to AWS and Azure, cloud budgets have remained resilient so far:[Dan] Ives said cybersecurity earnings should also hold up well as spending on cloud transformation projects, data analytics and hybrid cloud integrations are still getting \"green lighted\" by many companies due to budgets already being set going into next year.Source:Seeking AlphaThis is also consistent with findings discussed in ourprevious coverage, where the migration to cloud remains a key deflationary factor:Google Cloud’s continued growth trajectory is further corroborated by resilient demand despite broad-based macro challenges – building a digital fabric remains acritical missionfor the commercial sector in order to ensure \"improved productivity in the inflationary environment\", meaning IT spending on migrating workloads to the cloud and other digital transformation projects will remain strong.Source: “Google's Post-Earnings Rally Signals The Bottom Is In”We also view Google’s plans to penetrate underserved markets as a prudent strategy to address the massive market share gap between GCP and market leaders AWS and Azure. The company’s latest decision to introduce its cloud-computing services inSouth Africaas part of its $1 billion multi-year investment strategy in Africa is expected to further its global market share within the fast-expanding industry. By building out local cloud infrastructure in South Africa, GCP ensures reliability of its services provided, while also addressing local data storage requirements, making it an optimal choice for the region’s commercial segment.In addition to expanding GCP’s global availability to bolster its competitiveness within the cloud-computing market, Google has also ramped up its AI capabilities and related offerings, addressing a factor that has become increasingly critical within commercial IT environments. These include the recent introduction ofVertex AI Vision, an AI-enabled image recognition tool;Translation Hub, which uses AI to translate entire documents in 135 different languages; andContact Center AI, an AI-enabled customer service tool. By double-downing on developments in AI/ML, Google effectively bolsters GCP’s ability to address increasing considerations/demand for automation when key decision-makers evaluate IT vendors today. This is also consistent with the fact thatmore than 40%of corporate employees across the U.S. have pointed to the use of low-code techniques as critical in the increasingly data-driven workplace.Last but not least, Google’s acquisition of Mandiant this year is expected to further improve GCP growth over the longer-term. Security currently presents itself as the most resilient segment in software amid looming recession risks. Close to 95% of corporate America has suggested that security spend will continue to increase despite near-term macro uncertainties, making it a key investment area due to an increased urgency to protect data fromrising cyber threats.The Google-Mandiant combination has already resulted in synergies, with a new joint cybersecurity initiative –Mandiant Breach AnalyticsforChronicle Security Operations– to address said opportunities. Chronicle is a suite of cybersecurity solutions offered as part of GCP. And Mandiant Breach Analytics is the newest cyber threat detection and response tool developed by Mandiant that leverages the “power of the Google Cloud Chronicle Security Operations suite” to enable rapid threat detection and response. Key features of Mandiant Breach Analytics include reducing the time between “cyber intrusion” and “discovery and response” from the current average of about 21 days, and offering “active insight into threats” that can help GCP customers take swift action to “mitigate the impact of targeted attacks, while reducing the cost of current approaches.”Key Risk ConsiderationsThe irony between Google’s 3Q double-miss and outperforming fundamentals compared to its peer group underscores the impact of growing FX headwinds on the business. With the dollar expected to maintain a rapid rise over coming months as the Fed remains pressed on an aggressive rate hike agenda to tame inflation, FX will remain a near-term overhang on Google’s fundamental performance. More than half of the company’s revenues are currently generated from operations outside of the U.S., underscoring its significant exposure to FX headwinds over coming months. Yet, this is not an idiosyncratic risk to Google – in fact, even if the business shows 100% resiliency against the looming economic downturn, FX impacts will still erode its fundamental outperformance due to the global scale of its business.Competition is another key risk, though Google is expected to navigate through this business challenge better than peers. On the advertising front, Google continues to benefit from market leading reach, especially in Search. Meanwhile, YouTube remains a key shareholder of daily user screentime. Although YouTube ad revenues showed its first sequential decline in two years during the third quarter, which implies softness in take-rates that were insufficient to overcome FX headwinds, we expect results from the newly implemented monetization efforts on Shorts paired with the platform’s increasing share of user screen time to ramp up and become more evident over coming months. Meanwhile, on the cloud-computing front, we believe GCP’s momentum demonstrated in 3Q22 puts rivals AWS and Azure on notice – if anything, GCP is a rising contender, instead of one that is losing market share within the fast-expanding yet increasingly crowded cloud-computing landscape.Final ThoughtsGoogle’s resilience demonstrated through a tough 3Q22 macro environment should assuage investors’ concerns over increasing fragility in ad spending given looming economic weakness. We believe 3Q was a big test for investors’ confidence in the Google stock, and the company’s robust fundamental showing (barring FX headwinds) and favorable forward market trends discussed in the foregoing analysis over the immediate- and longer-term shows it has passed the test.With Google now trading below “its 10-year average and the Nasdaq 100 overall,” and underlying fundamentals that continue to outperform those of its peers, the latest market selloff has created a compelling entry opportunity for Google stock as a long-term investment.","news_type":1,"symbols_score_info":{"GOOG":0.9,"GOOGL":0.9}},"isVote":1,"tweetType":1,"viewCount":1242,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9988517814,"gmtCreate":1666786721538,"gmtModify":1676537806028,"author":{"id":"3573203718015318","authorId":"3573203718015318","name":"JenneyJJ","avatar":"https://static.itradeup.com/news/b13adb37ca4f467841be761d65d844b5","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573203718015318","idStr":"3573203718015318"},"themes":[],"htmlText":"😱😭💸","listText":"😱😭💸","text":"😱😭💸","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9988517814","repostId":"2278877545","repostType":4,"isVote":1,"tweetType":1,"viewCount":926,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9988336721,"gmtCreate":1666663983064,"gmtModify":1676537785919,"author":{"id":"3573203718015318","authorId":"3573203718015318","name":"JenneyJJ","avatar":"https://static.itradeup.com/news/b13adb37ca4f467841be761d65d844b5","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573203718015318","idStr":"3573203718015318"},"themes":[],"htmlText":"Ok then.....","listText":"Ok then.....","text":"Ok then.....","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9988336721","repostId":"1124727428","repostType":4,"isVote":1,"tweetType":1,"viewCount":1223,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9981204410,"gmtCreate":1666504192831,"gmtModify":1676537763556,"author":{"id":"3573203718015318","authorId":"3573203718015318","name":"JenneyJJ","avatar":"https://static.itradeup.com/news/b13adb37ca4f467841be761d65d844b5","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573203718015318","idStr":"3573203718015318"},"themes":[],"htmlText":"😱","listText":"😱","text":"😱","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9981204410","repostId":"2277404196","repostType":4,"isVote":1,"tweetType":1,"viewCount":1812,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4098866635611070","authorId":"4098866635611070","name":"Vincentan59","avatar":"https://community-static.tradeup.com/news/a5c91735e742c607283b7643b505c8e4","crmLevel":11,"crmLevelSwitch":1,"authorIdStr":"4098866635611070","idStr":"4098866635611070"},"content":"Will be nice tmr the Market?? [Silence][Silence][Silence]","text":"Will be nice tmr the Market?? [Silence][Silence][Silence]","html":"Will be nice tmr the Market?? [Silence][Silence][Silence]"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9981831235,"gmtCreate":1666452194528,"gmtModify":1676537757612,"author":{"id":"3573203718015318","authorId":"3573203718015318","name":"JenneyJJ","avatar":"https://static.itradeup.com/news/b13adb37ca4f467841be761d65d844b5","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573203718015318","idStr":"3573203718015318"},"themes":[],"htmlText":"Agreed!","listText":"Agreed!","text":"Agreed!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9981831235","repostId":"2277426958","repostType":4,"isVote":1,"tweetType":1,"viewCount":1404,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9981831354,"gmtCreate":1666452152678,"gmtModify":1676537757595,"author":{"id":"3573203718015318","authorId":"3573203718015318","name":"JenneyJJ","avatar":"https://static.itradeup.com/news/b13adb37ca4f467841be761d65d844b5","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573203718015318","idStr":"3573203718015318"},"themes":[],"htmlText":"💪🏻👏🏻","listText":"💪🏻👏🏻","text":"💪🏻👏🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9981831354","repostId":"1175013440","repostType":4,"repost":{"id":"1175013440","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":1666399826,"share":"https://ttm.financial/m/news/1175013440?lang=en_US&edition=fundamental","pubTime":"2022-10-22 08:50","market":"us","language":"en","title":"Exxon Shares Surge to Record High on Strong Earnings Outlook","url":"https://stock-news.laohu8.com/highlight/detail?id=1175013440","media":"Reuters","summary":"(Reuters) - Exxon Mobil Corp  shares passed their all-time high on Friday as oil prices resumed thei","content":"<html><head></head><body><p>(Reuters) - <a href=\"https://laohu8.com/S/XOM\">Exxon Mobil Corp </a> shares passed their all-time high on Friday as oil prices resumed their climb and analysts raised their long-term views of top U.S. oil producer&#39;s cash flow and earnings outlook.</p><p>Exxon is leading a parade of record profits among oil majors this year after doubling down on oil during the pandemic, when energy prices fell to a two-decade low and European oil majors slashed spending and moved further to renewable projects.</p><p>The stock hit $106.40 on Friday before closing at $105.86, above the prior record high close of $104.59 from June 8.</p><p><img src=\"https://static.tigerbbs.com/531c70bea02e27178e7715ff0d955b97\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"/></p><p>The rally comes as vindication for Chief Executive Darren Woods, who as oil prices fell in 2020 decided to &#34;lean in&#34; to oil investments. Exxon, he said then, would not engage in a &#34;beauty match&#34; with its peers pursuing solar and wind.</p><p>&#34;Managing cash flow and focusing on what they are good at is a strategy that worked,&#34; said Brian Mulberry, a portfolio manager at researcher Zacks Investment Management.</p><p>However, Exxon&#39;s surging profits are a flash point for U.S. President Joe Biden, who this week accused it and other oil companies of using &#34;the windfall of profits to buy back their own stock&#34; rather than invest more in new production that would benefit consumers.</p><p>Exxon weathered a series of setbacks and posted a historical $22.4 billion loss in 2020. The strategy paid this year as an international oil supply crunch accelerated by sanctions against Russia made oil prices hit 14-highs.</p><p>Exxon shares are up more than 70% to date this year, ahead of the market gains by competitors Shell PLC (SHEL.L), BP PLC (BP.L), and U.S. oil major Chevron Corp (CVX.N).</p><p>Oil profits allowed the company to erase the $21 billion it borrowed in 2020 to pay its bills and keep dividend distributions intact. Wall Street expects it will add $26 billion in cash this year.</p><p>Next week, Exxon could post another strong quarter on high natural gas prices, putting it on track for a record annual profit this year of $54.80 billion, according to IBES Refinitiv, more than its cumulative earnings since 2018.</p><p>The share rise gave the company a market value of $438 billion, making it 10th highest valued public company in the world.</p><p>Exxon&#39;s market cap peaked at more than $500 billion in 2007. And as recently as 2013 it ranked as the largest publicly traded U.S. company by market value.</p><p>But its fall from grace with huge losses and job cuts in 2020 knocked it out of the Dow Jones Industrial Average. For a time, utility operator NextEra Energy overtook Exxon as the U.S. energy company with the largest market cap.</p><p>The year&#39;s profits are largely from high energy prices. Global oil peaked at a 14-year high of $139 per barrel in March and have stayed near $100 per barrel for most of the year. Gas prices are rose to multi-year highs on European demand.</p><p>The company&#39;s production is not as robust as its earnings. Exxon&#39;s output at midyear was 3.7 million barrels of oil and gas per day (boed), in line with last year but down nearly 9% from the average 4.1 million boed in 2016.</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>Exxon Shares Surge to Record High on Strong Earnings Outlook</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\">\nExxon Shares Surge to Record High on Strong Earnings Outlook\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\">2022-10-22 08:50</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) - <a href=\"https://laohu8.com/S/XOM\">Exxon Mobil Corp </a> shares passed their all-time high on Friday as oil prices resumed their climb and analysts raised their long-term views of top U.S. oil producer&#39;s cash flow and earnings outlook.</p><p>Exxon is leading a parade of record profits among oil majors this year after doubling down on oil during the pandemic, when energy prices fell to a two-decade low and European oil majors slashed spending and moved further to renewable projects.</p><p>The stock hit $106.40 on Friday before closing at $105.86, above the prior record high close of $104.59 from June 8.</p><p><img src=\"https://static.tigerbbs.com/531c70bea02e27178e7715ff0d955b97\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"/></p><p>The rally comes as vindication for Chief Executive Darren Woods, who as oil prices fell in 2020 decided to &#34;lean in&#34; to oil investments. Exxon, he said then, would not engage in a &#34;beauty match&#34; with its peers pursuing solar and wind.</p><p>&#34;Managing cash flow and focusing on what they are good at is a strategy that worked,&#34; said Brian Mulberry, a portfolio manager at researcher Zacks Investment Management.</p><p>However, Exxon&#39;s surging profits are a flash point for U.S. President Joe Biden, who this week accused it and other oil companies of using &#34;the windfall of profits to buy back their own stock&#34; rather than invest more in new production that would benefit consumers.</p><p>Exxon weathered a series of setbacks and posted a historical $22.4 billion loss in 2020. The strategy paid this year as an international oil supply crunch accelerated by sanctions against Russia made oil prices hit 14-highs.</p><p>Exxon shares are up more than 70% to date this year, ahead of the market gains by competitors Shell PLC (SHEL.L), BP PLC (BP.L), and U.S. oil major Chevron Corp (CVX.N).</p><p>Oil profits allowed the company to erase the $21 billion it borrowed in 2020 to pay its bills and keep dividend distributions intact. Wall Street expects it will add $26 billion in cash this year.</p><p>Next week, Exxon could post another strong quarter on high natural gas prices, putting it on track for a record annual profit this year of $54.80 billion, according to IBES Refinitiv, more than its cumulative earnings since 2018.</p><p>The share rise gave the company a market value of $438 billion, making it 10th highest valued public company in the world.</p><p>Exxon&#39;s market cap peaked at more than $500 billion in 2007. And as recently as 2013 it ranked as the largest publicly traded U.S. company by market value.</p><p>But its fall from grace with huge losses and job cuts in 2020 knocked it out of the Dow Jones Industrial Average. For a time, utility operator NextEra Energy overtook Exxon as the U.S. energy company with the largest market cap.</p><p>The year&#39;s profits are largely from high energy prices. Global oil peaked at a 14-year high of $139 per barrel in March and have stayed near $100 per barrel for most of the year. Gas prices are rose to multi-year highs on European demand.</p><p>The company&#39;s production is not as robust as its earnings. Exxon&#39;s output at midyear was 3.7 million barrels of oil and gas per day (boed), in line with last year but down nearly 9% from the average 4.1 million boed in 2016.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XOM":"埃克森美孚"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175013440","content_text":"(Reuters) - Exxon Mobil Corp  shares passed their all-time high on Friday as oil prices resumed their climb and analysts raised their long-term views of top U.S. oil producer's cash flow and earnings outlook.Exxon is leading a parade of record profits among oil majors this year after doubling down on oil during the pandemic, when energy prices fell to a two-decade low and European oil majors slashed spending and moved further to renewable projects.The stock hit $106.40 on Friday before closing at $105.86, above the prior record high close of $104.59 from June 8.The rally comes as vindication for Chief Executive Darren Woods, who as oil prices fell in 2020 decided to \"lean in\" to oil investments. Exxon, he said then, would not engage in a \"beauty match\" with its peers pursuing solar and wind.\"Managing cash flow and focusing on what they are good at is a strategy that worked,\" said Brian Mulberry, a portfolio manager at researcher Zacks Investment Management.However, Exxon's surging profits are a flash point for U.S. President Joe Biden, who this week accused it and other oil companies of using \"the windfall of profits to buy back their own stock\" rather than invest more in new production that would benefit consumers.Exxon weathered a series of setbacks and posted a historical $22.4 billion loss in 2020. The strategy paid this year as an international oil supply crunch accelerated by sanctions against Russia made oil prices hit 14-highs.Exxon shares are up more than 70% to date this year, ahead of the market gains by competitors Shell PLC (SHEL.L), BP PLC (BP.L), and U.S. oil major Chevron Corp (CVX.N).Oil profits allowed the company to erase the $21 billion it borrowed in 2020 to pay its bills and keep dividend distributions intact. Wall Street expects it will add $26 billion in cash this year.Next week, Exxon could post another strong quarter on high natural gas prices, putting it on track for a record annual profit this year of $54.80 billion, according to IBES Refinitiv, more than its cumulative earnings since 2018.The share rise gave the company a market value of $438 billion, making it 10th highest valued public company in the world.Exxon's market cap peaked at more than $500 billion in 2007. And as recently as 2013 it ranked as the largest publicly traded U.S. company by market value.But its fall from grace with huge losses and job cuts in 2020 knocked it out of the Dow Jones Industrial Average. For a time, utility operator NextEra Energy overtook Exxon as the U.S. energy company with the largest market cap.The year's profits are largely from high energy prices. Global oil peaked at a 14-year high of $139 per barrel in March and have stayed near $100 per barrel for most of the year. Gas prices are rose to multi-year highs on European demand.The company's production is not as robust as its earnings. Exxon's output at midyear was 3.7 million barrels of oil and gas per day (boed), in line with last year but down nearly 9% from the average 4.1 million boed in 2016.","news_type":1,"symbols_score_info":{"XOM":0.9}},"isVote":1,"tweetType":1,"viewCount":1163,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":372201635,"gmtCreate":1619216820527,"gmtModify":1704721316194,"author":{"id":"3573203718015318","authorId":"3573203718015318","name":"JenneyJJ","avatar":"https://static.itradeup.com/news/b13adb37ca4f467841be761d65d844b5","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573203718015318","authorIdStr":"3573203718015318"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>Almost there.... continue back to $30, please ??","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>Almost there.... continue back to $30, please ??","text":"$Tiger Brokers(TIGR)$Almost there.... continue back to $30, please ??","images":[{"img":"https://static.tigerbbs.com/0c3c0a8accb4a035c85c18442532267c","width":"1080","height":"1920"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":20,"commentSize":24,"repostSize":1,"link":"https://ttm.financial/post/372201635","isVote":1,"tweetType":1,"viewCount":2647,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3569905234475141","authorId":"3569905234475141","name":"RocketMan","avatar":"https://static.tigerbbs.com/14ab047860e4a92966ab85b3d5465efd","crmLevel":12,"crmLevelSwitch":0,"idStr":"3569905234475141","authorIdStr":"3569905234475141"},"content":"The day will come.patient and time","text":"The day will come.patient and time","html":"The day will come.patient and time"},{"author":{"id":"3565147372726492","authorId":"3565147372726492","name":"Limth","avatar":"https://static.tigerbbs.com/a3e8250fe16c4e0e90561c3755568eae","crmLevel":2,"crmLevelSwitch":0,"idStr":"3565147372726492","authorIdStr":"3565147372726492"},"content":"good for u","text":"good for u","html":"good for u"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":378026159,"gmtCreate":1618982116671,"gmtModify":1704717852802,"author":{"id":"3573203718015318","authorId":"3573203718015318","name":"JenneyJJ","avatar":"https://static.itradeup.com/news/b13adb37ca4f467841be761d65d844b5","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573203718015318","authorIdStr":"3573203718015318"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/C6L.SI\">$SINGAPORE AIRLINES LTD(C6L.SI)$</a>S hould I standby&nbsp;to buy e dip to average down?","listText":"<a href=\"https://laohu8.com/S/C6L.SI\">$SINGAPORE AIRLINES LTD(C6L.SI)$</a>S hould I standby&nbsp;to buy e dip to average down?","text":"$SINGAPORE AIRLINES LTD(C6L.SI)$S hould I standby to buy e dip to average down?","images":[{"img":"https://static.tigerbbs.com/fe177d6d51664d5cfa25a56896cabbf8","width":"1080","height":"1920"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":12,"commentSize":22,"repostSize":0,"link":"https://ttm.financial/post/378026159","isVote":1,"tweetType":1,"viewCount":4809,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3574911895867822","authorId":"3574911895867822","name":"Jojofi","avatar":"https://static.tigerbbs.com/b38ecb7f10f831fb2c5dfa4b6984a1cb","crmLevel":11,"crmLevelSwitch":0,"idStr":"3574911895867822","authorIdStr":"3574911895867822"},"content":"You are not alone! I buy at $5.70 for many unit [LOL]","text":"You are not alone! I buy at $5.70 for many unit [LOL]","html":"You are not alone! I buy at $5.70 for many unit [LOL]"},{"author":{"id":"3573276783539100","authorId":"3573276783539100","name":"蜡笔标","avatar":"https://static.tigerbbs.com/f6d58664124cf05cad42bab9390b8ecf","crmLevel":1,"crmLevelSwitch":0,"idStr":"3573276783539100","authorIdStr":"3573276783539100"},"content":"how much do u wanna average it down to? either u buy many many times more of what you holding if u cash rich. else, just wait. there's more dips","text":"how much do u wanna average it down to? either u buy many many times more of what you holding if u cash rich. else, just wait. there's more dips","html":"how much do u wanna average it down to? either u buy many many times more of what you holding if u cash rich. else, just wait. there's more dips"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":106044665,"gmtCreate":1620081207257,"gmtModify":1704338201557,"author":{"id":"3573203718015318","authorId":"3573203718015318","name":"JenneyJJ","avatar":"https://static.itradeup.com/news/b13adb37ca4f467841be761d65d844b5","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573203718015318","authorIdStr":"3573203718015318"},"themes":[],"htmlText":"Apple is a good buy!","listText":"Apple is a good buy!","text":"Apple is a good buy!","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":13,"commentSize":9,"repostSize":0,"link":"https://ttm.financial/post/106044665","repostId":"2132592752","repostType":4,"isVote":1,"tweetType":1,"viewCount":1426,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":102955190,"gmtCreate":1620174741510,"gmtModify":1704339670118,"author":{"id":"3573203718015318","authorId":"3573203718015318","name":"JenneyJJ","avatar":"https://static.itradeup.com/news/b13adb37ca4f467841be761d65d844b5","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573203718015318","authorIdStr":"3573203718015318"},"themes":[],"htmlText":"Everytime climb 5 steps then fall 10 steps.....","listText":"Everytime climb 5 steps then fall 10 steps.....","text":"Everytime climb 5 steps then fall 10 steps.....","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":8,"commentSize":11,"repostSize":0,"link":"https://ttm.financial/post/102955190","repostId":"1199199416","repostType":4,"isVote":1,"tweetType":1,"viewCount":881,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3581568450429470","authorId":"3581568450429470","name":"JY00","avatar":"https://static.tigerbbs.com/b6e17ebb891eb376aff5c7eb5088602f","crmLevel":11,"crmLevelSwitch":0,"idStr":"3581568450429470","authorIdStr":"3581568450429470"},"content":"This is the trend of stock. [Happy]","text":"This is the trend of stock. [Happy]","html":"This is the trend of stock. [Happy]"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":352337039,"gmtCreate":1616892358321,"gmtModify":1704799742096,"author":{"id":"3573203718015318","authorId":"3573203718015318","name":"JenneyJJ","avatar":"https://static.itradeup.com/news/b13adb37ca4f467841be761d65d844b5","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573203718015318","authorIdStr":"3573203718015318"},"themes":[],"htmlText":"Seems like a good company.","listText":"Seems like a good company.","text":"Seems like a good company.","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":8,"commentSize":10,"repostSize":0,"link":"https://ttm.financial/post/352337039","repostId":"1141686975","repostType":4,"repost":{"id":"1141686975","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":1616780260,"share":"https://ttm.financial/m/news/1141686975?lang=en_US&edition=fundamental","pubTime":"2021-03-27 01:37","market":"us","language":"en","title":"Zhihu Technology fall on its first day of trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1141686975","media":"Tiger Newspress","summary":"Zhihu Technology shares opened at $8.02 each on Friday, about 15.6% lower than the company’s IPO pri","content":"<p>Zhihu Technology shares opened at $8.02&nbsp;each on Friday, about 15.6% lower than the company’s IPO price&nbsp;$9.5.Zhihu IPO prices at low end of the range, valuing company at about $5.3 billion.</p><p><img src=\"https://static.tigerbbs.com/4672a089b4ebb0a889cbfbeb32b48594\" tg-width=\"1920\" tg-height=\"959\" referrerpolicy=\"no-referrer\"></p><p>Zhihu Inc.&nbsp;announced Friday the pricing of its initial public offering, at $9.50 per American depositary share, which was at the low end of the expected range. The China-based online content company offered 55 million ADS in the IPO to raise $522.5 million, while the pricing valued the company at about $5.31 billion.</p><p>Zhihu has a similar business model as Quora where millions of people ask questions and exchange their views and experiences. Zhihu has become the largest online question and answer community in China.</p><p><b>Sales Breakdown</b></p><p>Advertising and paid memberships account for the biggest portion of the company's revenues. Advertising accounted for 86.1% and 62.4% of total revenues in 2019 and 2020, respectively. We estimate advertising as a percentage of revenues to gradually decline in the next five years as it is offset by the faster growing Paid Memberships and Content Commerce Solutions. We estimate advertising as a percentage of sales to decline to 34.1% in 2021 and 22.3% in 2025.</p><p>Paid Memberships represented 13.1% of total revenues in 2019, which increased to 23.7% of total revenues in 2020. We have assumed Paid Membership revenues as a percentage of total revenues to increase to 31.5% in 2021 and 37.8% in 2025.</p><p>Content Commerce Solutions and Other sales also increased sharply in 2020. Content Commerce Solutions revenues jumped from 0.6 million RMB in 2019 to 135.8 million RMB in 2020. In early 2020, the company launched Content-Commerce solutions, which provide merchants and brands a one-stop shop for all of their sales and marketing needs, including marketing plans. We have assumed Content Commerce Solutions as a percentage of total revenue to jump from 10% in 2020 to 17.8% in 2021 and 32.3% in 2025.</p><p><b>Gross Margins</b></p><p>The company's gross margins improved from 46.6% in 2019 to 56.0% in 2020, driven by an overall improving business scalability. We have assumed further improvements in gross margins to 57.4% in 2021 and 62.3% in 2025.</p><p><b>Total Operating Expenses and Operating Margins</b></p><p>Total operating expenses as a percentage of revenues declined significantly from 204.4% in 2019 to 100.6% in 2020. We expect this ratio to improve further to 79% in 2021, 69.2% in 2022, and 57.2% in 2025. The bulk of the improvements in operating expenses is coming from lower SG&amp;A and R&amp;D expenses as a percentage of revenues in the next five years.</p><p><img src=\"https://static.tigerbbs.com/c019cc86f4d4c1d9ffe15d3b4a4bfa75\" tg-width=\"772\" tg-height=\"480\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/ef629be32d2c34d625cb287ad648206d\" tg-width=\"757\" tg-height=\"488\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/b9561a02993fbc88c2cad88e68c08730\" tg-width=\"920\" tg-height=\"485\" referrerpolicy=\"no-referrer\"></p><p><b>Company Background</b></p><p>At the end of 2020, Zhihu had more than 43.1 million cumulative content creators that contributed 315 million questions and answers. In 4Q 2020, the company had 75.7 million average monthly active users, up 33% YoY. One of the key strengths of the company is that it is recognized as one of the most trustworthy online content communities and regarded as providing one of the highest quality content in China. Zhihu has tried to capitalize on its large user base to provide numerous multimedia functions including live streaming, e-commerce, online education, and other video content.</p><p>In August 2019, Zhihu received $434 million in funding from leading investors including Baidu and Kuaishou Technology, valuing the company at $3.5 billion. Given that the company had $97 million in sales in 2019, this would suggest a P/S valuation multiple of 36x. If we take the same P/S multiple apply to the company's 2020 sales of $207 million, this would suggest an implied valuation of $7.5 billion.</p><p>Zhihu was originally developed as a question and answer online community in 2010. At the end of 2020, there were a total of 315 million Q&amp;As spanning more than 1,000 verticals and 571,000 topics. Zhihu is one of the top five comprehensive online content communities in China, in terms of average mobile MAUs and revenue in 2020. The company uses artificial intelligence, cloud, and big data algorithms to improve the optimization of its content and services.</p><p><b>Major Shareholders of Zhihu</b></p><p>The founder &amp; CEO&nbsp;Zhou Yuanowns an 8.2% stake in the company (but 46.6% voting rights). Sinovation Ventures owns a 13.1% stake and Tencent Holdings Ltd. owns a 12.3% stake of Zhihu.</p><p><b>Key Demographics</b></p><p>The diagram below provides some of the key demographics of Zhihu user base. Males accounted for 56.9% of total users. People under 30 years old accounted for 78.7% of its total user base. Tier I and new tier I cities represented 52.6% of total user base. Many of the users of Zhihu are students and white collar professionals.</p><p><img src=\"https://static.tigerbbs.com/524d689472daad1c99491d74dfdbfe24\" tg-width=\"295\" tg-height=\"389\" referrerpolicy=\"no-referrer\"></p><p><b>Revenue Breakdown</b></p><p>Advertising and paid memberships account for the biggest portion of the company's revenues. Advertising accounted for 86.1% and 62.4% of total revenues in 2019 and 2020, respectively. The company's advertising revenue is mainly driven by its MAUs and advertising revenue per MAU. The company's MAUs increased by 42.7% YoY to 68.5 million in 2020. The company started its online advertising business in 2016 and introduced paid content in 2018.</p><p>Paid memberships represented 13.1% of total revenues in 2019, which increased to 23.7% of total revenues in 2020. Average monthly members jumped by 311.5% YoY to 2.36 million in 2020, which is a testament of an increasing number of customers that value the premium content available on Zhihu.</p><p>In March 2019, the company introduced the Yan Selection membership program, making it the first payment-based questions &amp; answers community. It provides its members with unlimited access to about 3.4 million paid content including online lectures, columns, audio books, and e-journals. This is one of the biggest strengths of the company as it shows how high quality data and content can generate serious amount of revenues and it also provides a more steady monthly revenue inflow.</p><p>Content Commerce Solutions and Other sales also increased sharply in 2020. Content Commerce Solutions revenues jumped from 0.6 million RMB in 2019 to 135.8 million RMB in 2020. In early 2020, the company launched Content-Commerce solutions, which provide merchants and brands a one-stop shop for all of their sales and marketing needs, including marketing plans, assigning the most relevant content creators to interested users, and facilitating content creation.</p><p>China's content-commerce solution market is expected to be one of the fastest growing sectors in the next several years. According to CIC Consultancy, China's content-commerce solution market is expected to enjoy a strong CAGR growth of 46.4% from 2019 to 2025 (112.3 billion RMB).</p><p><b>Market Opportunities</b></p><p><b>China’s Online Content Communities Market Size</b></p><p>Online content communities refer to UGC (user generated content)-focused (including PUGC (professional user generated content) focused online content market players where content creators are also users, who are actively engaged within the communities. The content communities generally can stimulate higher level of user engagement, more interactive user experience, and enjoy lower content cost, compared to PGC (professionally generated content) players. PGC is content created by the branded company or organization.</p><p>China's online content communities market size increased from 38.6 billion RMB in 2015 to 275.8 billion RMB in 2019 and is further expected to rise to 1.3 trillion RMB in 2025, representing a CAGR of 30.3% from 2019 to 2025, which is higher than the overall online content market growth.</p><p>China's online content community market has more diversified monetization channels including online advertising, paid membership, content e-commerce, content-commerce solutions, virtual gifting in live streaming, online games, and online education services. In comparison, the US online content community's monetization is mainly through advertising.</p><p>One of the major positives about the company is the growing trend of more Chinese consumers that are willing to pay money for higher quality content. The number of paying users in China’s online content communities is expected to increase at a CAGR of 17.1% between 2019 and 2025, which means an increase of 360.4 million extra paying users of online content communities to 588.2 million in 2025.</p><p><b>China's Online Content Market</b></p><p>China's online content market tripled from 2015 to reach 1.2 trillion RMB in 2019. This market is expected to increase to 3.7 trillion RMB in 2025, representing a CAGR of 21.4% from 2019 to 2025.</p><p><b>China’s Online Content Market Size (in terms of revenue), 2015-2025E</b></p><p><img src=\"https://static.tigerbbs.com/69a7db9cacf26245273702a255aabdb8\" tg-width=\"573\" tg-height=\"258\" referrerpolicy=\"no-referrer\"></p><p><b>Market Size of China’s Online Content Communities (in terms of revenue),2015-2025E</b></p><p><img src=\"https://static.tigerbbs.com/aee42792caf4aa2cbdcd17f757a75727\" tg-width=\"584\" tg-height=\"285\" referrerpolicy=\"no-referrer\"></p><p><b>China’s Paid Membership Market Size (in terms of revenue), 2015-2025E</b></p><p><img src=\"https://static.tigerbbs.com/77ff121d78cb1dd922d524a78570152e\" tg-width=\"520\" tg-height=\"286\" referrerpolicy=\"no-referrer\"></p><p><b>Content-commerce solutions</b></p><p>To provide integrated marketing services, the online content communities provide content-commerce solutions for content creation, content distribution, and content conversion. The company provides integrated content-commerce solutions, providing merchants and brands one-stop services for all their sales and marketing needs, from making marketing plans, facilitating content creation, assigning the most relevant content creators, to distributing to the interested users. China's content commerce solution market is expected to grow from 11.4 billion RMB in 2019 to 112.3 billion RMB in 2025, at a CAGR of 46.4%.</p><p><b>China’s Content-Commerce Solution Market Size (in terms of revenue), 2015-2025E</b></p><p><img src=\"https://static.tigerbbs.com/01a230d3fb2d4cf4aeeebfd5c3c691c3\" tg-width=\"520\" tg-height=\"269\" referrerpolicy=\"no-referrer\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Zhihu Technology fall on its first day of trading</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\">\nZhihu Technology fall on its first day of trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-03-27 01:37</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Zhihu Technology shares opened at $8.02&nbsp;each on Friday, about 15.6% lower than the company’s IPO price&nbsp;$9.5.Zhihu IPO prices at low end of the range, valuing company at about $5.3 billion.</p><p><img src=\"https://static.tigerbbs.com/4672a089b4ebb0a889cbfbeb32b48594\" tg-width=\"1920\" tg-height=\"959\" referrerpolicy=\"no-referrer\"></p><p>Zhihu Inc.&nbsp;announced Friday the pricing of its initial public offering, at $9.50 per American depositary share, which was at the low end of the expected range. The China-based online content company offered 55 million ADS in the IPO to raise $522.5 million, while the pricing valued the company at about $5.31 billion.</p><p>Zhihu has a similar business model as Quora where millions of people ask questions and exchange their views and experiences. Zhihu has become the largest online question and answer community in China.</p><p><b>Sales Breakdown</b></p><p>Advertising and paid memberships account for the biggest portion of the company's revenues. Advertising accounted for 86.1% and 62.4% of total revenues in 2019 and 2020, respectively. We estimate advertising as a percentage of revenues to gradually decline in the next five years as it is offset by the faster growing Paid Memberships and Content Commerce Solutions. We estimate advertising as a percentage of sales to decline to 34.1% in 2021 and 22.3% in 2025.</p><p>Paid Memberships represented 13.1% of total revenues in 2019, which increased to 23.7% of total revenues in 2020. We have assumed Paid Membership revenues as a percentage of total revenues to increase to 31.5% in 2021 and 37.8% in 2025.</p><p>Content Commerce Solutions and Other sales also increased sharply in 2020. Content Commerce Solutions revenues jumped from 0.6 million RMB in 2019 to 135.8 million RMB in 2020. In early 2020, the company launched Content-Commerce solutions, which provide merchants and brands a one-stop shop for all of their sales and marketing needs, including marketing plans. We have assumed Content Commerce Solutions as a percentage of total revenue to jump from 10% in 2020 to 17.8% in 2021 and 32.3% in 2025.</p><p><b>Gross Margins</b></p><p>The company's gross margins improved from 46.6% in 2019 to 56.0% in 2020, driven by an overall improving business scalability. We have assumed further improvements in gross margins to 57.4% in 2021 and 62.3% in 2025.</p><p><b>Total Operating Expenses and Operating Margins</b></p><p>Total operating expenses as a percentage of revenues declined significantly from 204.4% in 2019 to 100.6% in 2020. We expect this ratio to improve further to 79% in 2021, 69.2% in 2022, and 57.2% in 2025. The bulk of the improvements in operating expenses is coming from lower SG&amp;A and R&amp;D expenses as a percentage of revenues in the next five years.</p><p><img src=\"https://static.tigerbbs.com/c019cc86f4d4c1d9ffe15d3b4a4bfa75\" tg-width=\"772\" tg-height=\"480\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/ef629be32d2c34d625cb287ad648206d\" tg-width=\"757\" tg-height=\"488\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/b9561a02993fbc88c2cad88e68c08730\" tg-width=\"920\" tg-height=\"485\" referrerpolicy=\"no-referrer\"></p><p><b>Company Background</b></p><p>At the end of 2020, Zhihu had more than 43.1 million cumulative content creators that contributed 315 million questions and answers. In 4Q 2020, the company had 75.7 million average monthly active users, up 33% YoY. One of the key strengths of the company is that it is recognized as one of the most trustworthy online content communities and regarded as providing one of the highest quality content in China. Zhihu has tried to capitalize on its large user base to provide numerous multimedia functions including live streaming, e-commerce, online education, and other video content.</p><p>In August 2019, Zhihu received $434 million in funding from leading investors including Baidu and Kuaishou Technology, valuing the company at $3.5 billion. Given that the company had $97 million in sales in 2019, this would suggest a P/S valuation multiple of 36x. If we take the same P/S multiple apply to the company's 2020 sales of $207 million, this would suggest an implied valuation of $7.5 billion.</p><p>Zhihu was originally developed as a question and answer online community in 2010. At the end of 2020, there were a total of 315 million Q&amp;As spanning more than 1,000 verticals and 571,000 topics. Zhihu is one of the top five comprehensive online content communities in China, in terms of average mobile MAUs and revenue in 2020. The company uses artificial intelligence, cloud, and big data algorithms to improve the optimization of its content and services.</p><p><b>Major Shareholders of Zhihu</b></p><p>The founder &amp; CEO&nbsp;Zhou Yuanowns an 8.2% stake in the company (but 46.6% voting rights). Sinovation Ventures owns a 13.1% stake and Tencent Holdings Ltd. owns a 12.3% stake of Zhihu.</p><p><b>Key Demographics</b></p><p>The diagram below provides some of the key demographics of Zhihu user base. Males accounted for 56.9% of total users. People under 30 years old accounted for 78.7% of its total user base. Tier I and new tier I cities represented 52.6% of total user base. Many of the users of Zhihu are students and white collar professionals.</p><p><img src=\"https://static.tigerbbs.com/524d689472daad1c99491d74dfdbfe24\" tg-width=\"295\" tg-height=\"389\" referrerpolicy=\"no-referrer\"></p><p><b>Revenue Breakdown</b></p><p>Advertising and paid memberships account for the biggest portion of the company's revenues. Advertising accounted for 86.1% and 62.4% of total revenues in 2019 and 2020, respectively. The company's advertising revenue is mainly driven by its MAUs and advertising revenue per MAU. The company's MAUs increased by 42.7% YoY to 68.5 million in 2020. The company started its online advertising business in 2016 and introduced paid content in 2018.</p><p>Paid memberships represented 13.1% of total revenues in 2019, which increased to 23.7% of total revenues in 2020. Average monthly members jumped by 311.5% YoY to 2.36 million in 2020, which is a testament of an increasing number of customers that value the premium content available on Zhihu.</p><p>In March 2019, the company introduced the Yan Selection membership program, making it the first payment-based questions &amp; answers community. It provides its members with unlimited access to about 3.4 million paid content including online lectures, columns, audio books, and e-journals. This is one of the biggest strengths of the company as it shows how high quality data and content can generate serious amount of revenues and it also provides a more steady monthly revenue inflow.</p><p>Content Commerce Solutions and Other sales also increased sharply in 2020. Content Commerce Solutions revenues jumped from 0.6 million RMB in 2019 to 135.8 million RMB in 2020. In early 2020, the company launched Content-Commerce solutions, which provide merchants and brands a one-stop shop for all of their sales and marketing needs, including marketing plans, assigning the most relevant content creators to interested users, and facilitating content creation.</p><p>China's content-commerce solution market is expected to be one of the fastest growing sectors in the next several years. According to CIC Consultancy, China's content-commerce solution market is expected to enjoy a strong CAGR growth of 46.4% from 2019 to 2025 (112.3 billion RMB).</p><p><b>Market Opportunities</b></p><p><b>China’s Online Content Communities Market Size</b></p><p>Online content communities refer to UGC (user generated content)-focused (including PUGC (professional user generated content) focused online content market players where content creators are also users, who are actively engaged within the communities. The content communities generally can stimulate higher level of user engagement, more interactive user experience, and enjoy lower content cost, compared to PGC (professionally generated content) players. PGC is content created by the branded company or organization.</p><p>China's online content communities market size increased from 38.6 billion RMB in 2015 to 275.8 billion RMB in 2019 and is further expected to rise to 1.3 trillion RMB in 2025, representing a CAGR of 30.3% from 2019 to 2025, which is higher than the overall online content market growth.</p><p>China's online content community market has more diversified monetization channels including online advertising, paid membership, content e-commerce, content-commerce solutions, virtual gifting in live streaming, online games, and online education services. In comparison, the US online content community's monetization is mainly through advertising.</p><p>One of the major positives about the company is the growing trend of more Chinese consumers that are willing to pay money for higher quality content. The number of paying users in China’s online content communities is expected to increase at a CAGR of 17.1% between 2019 and 2025, which means an increase of 360.4 million extra paying users of online content communities to 588.2 million in 2025.</p><p><b>China's Online Content Market</b></p><p>China's online content market tripled from 2015 to reach 1.2 trillion RMB in 2019. This market is expected to increase to 3.7 trillion RMB in 2025, representing a CAGR of 21.4% from 2019 to 2025.</p><p><b>China’s Online Content Market Size (in terms of revenue), 2015-2025E</b></p><p><img src=\"https://static.tigerbbs.com/69a7db9cacf26245273702a255aabdb8\" tg-width=\"573\" tg-height=\"258\" referrerpolicy=\"no-referrer\"></p><p><b>Market Size of China’s Online Content Communities (in terms of revenue),2015-2025E</b></p><p><img src=\"https://static.tigerbbs.com/aee42792caf4aa2cbdcd17f757a75727\" tg-width=\"584\" tg-height=\"285\" referrerpolicy=\"no-referrer\"></p><p><b>China’s Paid Membership Market Size (in terms of revenue), 2015-2025E</b></p><p><img src=\"https://static.tigerbbs.com/77ff121d78cb1dd922d524a78570152e\" tg-width=\"520\" tg-height=\"286\" referrerpolicy=\"no-referrer\"></p><p><b>Content-commerce solutions</b></p><p>To provide integrated marketing services, the online content communities provide content-commerce solutions for content creation, content distribution, and content conversion. The company provides integrated content-commerce solutions, providing merchants and brands one-stop services for all their sales and marketing needs, from making marketing plans, facilitating content creation, assigning the most relevant content creators, to distributing to the interested users. China's content commerce solution market is expected to grow from 11.4 billion RMB in 2019 to 112.3 billion RMB in 2025, at a CAGR of 46.4%.</p><p><b>China’s Content-Commerce Solution Market Size (in terms of revenue), 2015-2025E</b></p><p><img src=\"https://static.tigerbbs.com/01a230d3fb2d4cf4aeeebfd5c3c691c3\" tg-width=\"520\" tg-height=\"269\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ZH":"知乎"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1141686975","content_text":"Zhihu Technology shares opened at $8.02 each on Friday, about 15.6% lower than the company’s IPO price $9.5.Zhihu IPO prices at low end of the range, valuing company at about $5.3 billion.Zhihu Inc. announced Friday the pricing of its initial public offering, at $9.50 per American depositary share, which was at the low end of the expected range. The China-based online content company offered 55 million ADS in the IPO to raise $522.5 million, while the pricing valued the company at about $5.31 billion.Zhihu has a similar business model as Quora where millions of people ask questions and exchange their views and experiences. Zhihu has become the largest online question and answer community in China.Sales BreakdownAdvertising and paid memberships account for the biggest portion of the company's revenues. Advertising accounted for 86.1% and 62.4% of total revenues in 2019 and 2020, respectively. We estimate advertising as a percentage of revenues to gradually decline in the next five years as it is offset by the faster growing Paid Memberships and Content Commerce Solutions. We estimate advertising as a percentage of sales to decline to 34.1% in 2021 and 22.3% in 2025.Paid Memberships represented 13.1% of total revenues in 2019, which increased to 23.7% of total revenues in 2020. We have assumed Paid Membership revenues as a percentage of total revenues to increase to 31.5% in 2021 and 37.8% in 2025.Content Commerce Solutions and Other sales also increased sharply in 2020. Content Commerce Solutions revenues jumped from 0.6 million RMB in 2019 to 135.8 million RMB in 2020. In early 2020, the company launched Content-Commerce solutions, which provide merchants and brands a one-stop shop for all of their sales and marketing needs, including marketing plans. We have assumed Content Commerce Solutions as a percentage of total revenue to jump from 10% in 2020 to 17.8% in 2021 and 32.3% in 2025.Gross MarginsThe company's gross margins improved from 46.6% in 2019 to 56.0% in 2020, driven by an overall improving business scalability. We have assumed further improvements in gross margins to 57.4% in 2021 and 62.3% in 2025.Total Operating Expenses and Operating MarginsTotal operating expenses as a percentage of revenues declined significantly from 204.4% in 2019 to 100.6% in 2020. We expect this ratio to improve further to 79% in 2021, 69.2% in 2022, and 57.2% in 2025. The bulk of the improvements in operating expenses is coming from lower SG&A and R&D expenses as a percentage of revenues in the next five years.Company BackgroundAt the end of 2020, Zhihu had more than 43.1 million cumulative content creators that contributed 315 million questions and answers. In 4Q 2020, the company had 75.7 million average monthly active users, up 33% YoY. One of the key strengths of the company is that it is recognized as one of the most trustworthy online content communities and regarded as providing one of the highest quality content in China. Zhihu has tried to capitalize on its large user base to provide numerous multimedia functions including live streaming, e-commerce, online education, and other video content.In August 2019, Zhihu received $434 million in funding from leading investors including Baidu and Kuaishou Technology, valuing the company at $3.5 billion. Given that the company had $97 million in sales in 2019, this would suggest a P/S valuation multiple of 36x. If we take the same P/S multiple apply to the company's 2020 sales of $207 million, this would suggest an implied valuation of $7.5 billion.Zhihu was originally developed as a question and answer online community in 2010. At the end of 2020, there were a total of 315 million Q&As spanning more than 1,000 verticals and 571,000 topics. Zhihu is one of the top five comprehensive online content communities in China, in terms of average mobile MAUs and revenue in 2020. The company uses artificial intelligence, cloud, and big data algorithms to improve the optimization of its content and services.Major Shareholders of ZhihuThe founder & CEO Zhou Yuanowns an 8.2% stake in the company (but 46.6% voting rights). Sinovation Ventures owns a 13.1% stake and Tencent Holdings Ltd. owns a 12.3% stake of Zhihu.Key DemographicsThe diagram below provides some of the key demographics of Zhihu user base. Males accounted for 56.9% of total users. People under 30 years old accounted for 78.7% of its total user base. Tier I and new tier I cities represented 52.6% of total user base. Many of the users of Zhihu are students and white collar professionals.Revenue BreakdownAdvertising and paid memberships account for the biggest portion of the company's revenues. Advertising accounted for 86.1% and 62.4% of total revenues in 2019 and 2020, respectively. The company's advertising revenue is mainly driven by its MAUs and advertising revenue per MAU. The company's MAUs increased by 42.7% YoY to 68.5 million in 2020. The company started its online advertising business in 2016 and introduced paid content in 2018.Paid memberships represented 13.1% of total revenues in 2019, which increased to 23.7% of total revenues in 2020. Average monthly members jumped by 311.5% YoY to 2.36 million in 2020, which is a testament of an increasing number of customers that value the premium content available on Zhihu.In March 2019, the company introduced the Yan Selection membership program, making it the first payment-based questions & answers community. It provides its members with unlimited access to about 3.4 million paid content including online lectures, columns, audio books, and e-journals. This is one of the biggest strengths of the company as it shows how high quality data and content can generate serious amount of revenues and it also provides a more steady monthly revenue inflow.Content Commerce Solutions and Other sales also increased sharply in 2020. Content Commerce Solutions revenues jumped from 0.6 million RMB in 2019 to 135.8 million RMB in 2020. In early 2020, the company launched Content-Commerce solutions, which provide merchants and brands a one-stop shop for all of their sales and marketing needs, including marketing plans, assigning the most relevant content creators to interested users, and facilitating content creation.China's content-commerce solution market is expected to be one of the fastest growing sectors in the next several years. According to CIC Consultancy, China's content-commerce solution market is expected to enjoy a strong CAGR growth of 46.4% from 2019 to 2025 (112.3 billion RMB).Market OpportunitiesChina’s Online Content Communities Market SizeOnline content communities refer to UGC (user generated content)-focused (including PUGC (professional user generated content) focused online content market players where content creators are also users, who are actively engaged within the communities. The content communities generally can stimulate higher level of user engagement, more interactive user experience, and enjoy lower content cost, compared to PGC (professionally generated content) players. PGC is content created by the branded company or organization.China's online content communities market size increased from 38.6 billion RMB in 2015 to 275.8 billion RMB in 2019 and is further expected to rise to 1.3 trillion RMB in 2025, representing a CAGR of 30.3% from 2019 to 2025, which is higher than the overall online content market growth.China's online content community market has more diversified monetization channels including online advertising, paid membership, content e-commerce, content-commerce solutions, virtual gifting in live streaming, online games, and online education services. In comparison, the US online content community's monetization is mainly through advertising.One of the major positives about the company is the growing trend of more Chinese consumers that are willing to pay money for higher quality content. The number of paying users in China’s online content communities is expected to increase at a CAGR of 17.1% between 2019 and 2025, which means an increase of 360.4 million extra paying users of online content communities to 588.2 million in 2025.China's Online Content MarketChina's online content market tripled from 2015 to reach 1.2 trillion RMB in 2019. This market is expected to increase to 3.7 trillion RMB in 2025, representing a CAGR of 21.4% from 2019 to 2025.China’s Online Content Market Size (in terms of revenue), 2015-2025EMarket Size of China’s Online Content Communities (in terms of revenue),2015-2025EChina’s Paid Membership Market Size (in terms of revenue), 2015-2025EContent-commerce solutionsTo provide integrated marketing services, the online content communities provide content-commerce solutions for content creation, content distribution, and content conversion. The company provides integrated content-commerce solutions, providing merchants and brands one-stop services for all their sales and marketing needs, from making marketing plans, facilitating content creation, assigning the most relevant content creators, to distributing to the interested users. China's content commerce solution market is expected to grow from 11.4 billion RMB in 2019 to 112.3 billion RMB in 2025, at a CAGR of 46.4%.China’s Content-Commerce Solution Market Size (in terms of revenue), 2015-2025E","news_type":1,"symbols_score_info":{"ZH":0.9}},"isVote":1,"tweetType":1,"viewCount":787,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3557433279201512","authorId":"3557433279201512","name":"Couragesther","avatar":"https://static.tigerbbs.com/fb776fde22322bb11f3651d216a6b06e","crmLevel":4,"crmLevelSwitch":0,"idStr":"3557433279201512","authorIdStr":"3557433279201512"},"content":"Help commeNt back too","text":"Help commeNt back too","html":"Help commeNt back too"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9097984238,"gmtCreate":1645317594124,"gmtModify":1676534017514,"author":{"id":"3573203718015318","authorId":"3573203718015318","name":"JenneyJJ","avatar":"https://static.itradeup.com/news/b13adb37ca4f467841be761d65d844b5","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573203718015318","authorIdStr":"3573203718015318"},"themes":[],"htmlText":"Hold forever??? 🤔🧐","listText":"Hold forever??? 🤔🧐","text":"Hold forever??? 🤔🧐","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":13,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9097984238","repostId":"1169107504","repostType":4,"isVote":1,"tweetType":1,"viewCount":1165,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4092376851552610","authorId":"4092376851552610","name":"Tall Guy","avatar":"https://community-static.tradeup.com/news/5e11acf97134ffdcfb93cea9aabffca0","crmLevel":11,"crmLevelSwitch":0,"idStr":"4092376851552610","authorIdStr":"4092376851552610"},"content":"don't think should hold forever too! \"time\" ripe should sell.","text":"don't think should hold forever too! \"time\" ripe should sell.","html":"don't think should hold forever too! \"time\" ripe should sell."},{"author":{"id":"3559581955535845","authorId":"3559581955535845","name":"koolgal","avatar":"https://static.tigerbbs.com/c05274d88ffc0434623e57350c52c70a","crmLevel":6,"crmLevelSwitch":1,"idStr":"3559581955535845","authorIdStr":"3559581955535845"},"content":"Forever is an eternity but great stocks will boom forever!","text":"Forever is an eternity but great stocks will boom forever!","html":"Forever is an eternity but great stocks will boom forever!"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":188492007,"gmtCreate":1623457780809,"gmtModify":1704204066017,"author":{"id":"3573203718015318","authorId":"3573203718015318","name":"JenneyJJ","avatar":"https://static.itradeup.com/news/b13adb37ca4f467841be761d65d844b5","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573203718015318","authorIdStr":"3573203718015318"},"themes":[],"htmlText":"Are you green or still red?","listText":"Are you green or still red?","text":"Are you green or still red?","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":7,"commentSize":10,"repostSize":0,"link":"https://ttm.financial/post/188492007","repostId":"2142204074","repostType":4,"repost":{"id":"2142204074","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":1623441637,"share":"https://ttm.financial/m/news/2142204074?lang=en_US&edition=fundamental","pubTime":"2021-06-12 04:00","market":"us","language":"en","title":"S&P ekes out gains to close languid week","url":"https://stock-news.laohu8.com/highlight/detail?id=2142204074","media":"Reuters","summary":"NEW YORK, June 11  - The S&P 500 closed nominally higher at the end of a torpid week marked with few market-moving catalysts and persistent concerns over whether current inflation spikes could linger and cause the U.S. Federal Reserve to tighten its dovish policy sooner than expected.Economically sensitive smallcaps and transports notched solid gains, outperforming the broader market.For the week, the S&P and the Nasdaq advanced from last Friday's close, while the Dow posted a weekly loss.But th","content":"<p>NEW YORK, June 11 (Reuters) - The S&amp;P 500 closed nominally higher at the end of a torpid week marked with few market-moving catalysts and persistent concerns over whether current inflation spikes could linger and cause the U.S. Federal Reserve to tighten its dovish policy sooner than expected.</p>\n<p>Economically sensitive smallcaps and transports&nbsp;notched solid gains, outperforming the broader market.</p>\n<p>For the week, the S&amp;P and the Nasdaq advanced from last Friday's close, while the Dow posted a weekly loss.</p>\n<p>But the indexes have been range-bound, with few catalysts to move investor sentiment. Much of the focus centered on Thursday's consumer price data, which eased jitters over the duration of the current inflation wave.</p>\n<p>\"It’s a muted day today,\" Oliver Pursche, senior vice president at Wealthspire Advisors, in New York. \"The summer is settling in, people are slipping out of work early and there’s nothing in the news that’s going to materially drive the market in either direction.\"</p>\n<p>\"So, investors are going to wait until earnings season.\"</p>\n<p>The Federal Reserve has repeatedly said that near-term price surges will not metastasize into lasting inflation, an assertion reflected in the University of Michigan's Consumer Sentiment report released on Friday, which showed inflation expectations easing from last month's spike.</p>\n<p>Investors now turn their attention to the Fed's statement at the conclusion of next week's two-day monetary policy meeting, which will be parsed for clues regarding the central bank's timetable for raising key interest rates.</p>\n<p>\"Our view continues to be that inflationary data is transient and we will be around the 2% mark for the year,\" Pursche added.</p>\n<p>Benchmark U.S. Treasury yields posted their biggest weekly drop in nearly a year, weighing on the interest-sensitive financial sector in recent sessions.</p>\n<p>The Food and Drug Administration is facing mounting criticism over its \"accelerated approval\" of Biogen Inc's</p>\n<p>Alzheimer's drug Aduhelm without strong evidence of its ability to combat the disease.</p>\n<p>Biogen shares, along with the broader healthcare sector&nbsp;ended the session lower.</p>\n<p>Unofficially, the Dow Jones Industrial Average rose 14.41 points, or 0.04%, to 34,480.65, the S&amp;P 500 gained 8.29 points, or 0.20%, to 4,247.47 and the Nasdaq Composite&nbsp;added 49.09 points, or 0.35%, to 14,069.42.</p>\n<p>Among the 11 major sectors in the S&amp;P 500, healthcare suffered the biggest percentage drop.</p>\n<p>Much of the trading volume this week was attributable to the ongoing social media-driven \"meme stock\" phenomenon, in which retail investors swarm around heavily shorted stocks.</p>\n<p>But meme stock moves were more muted on Friday, with AMC Entertainment outperforming.</p>\n<p>(Reporting by Stephen Culp in New York Additional reporting by Ambar Warrick and Devik Jain in Bengaluru Editing by Matthew Lewis and Cynthia Osterman)</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 ekes out gains to close languid 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\">\nS&P ekes out gains to close languid week\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\">2021-06-12 04:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>NEW YORK, June 11 (Reuters) - The S&amp;P 500 closed nominally higher at the end of a torpid week marked with few market-moving catalysts and persistent concerns over whether current inflation spikes could linger and cause the U.S. Federal Reserve to tighten its dovish policy sooner than expected.</p>\n<p>Economically sensitive smallcaps and transports&nbsp;notched solid gains, outperforming the broader market.</p>\n<p>For the week, the S&amp;P and the Nasdaq advanced from last Friday's close, while the Dow posted a weekly loss.</p>\n<p>But the indexes have been range-bound, with few catalysts to move investor sentiment. Much of the focus centered on Thursday's consumer price data, which eased jitters over the duration of the current inflation wave.</p>\n<p>\"It’s a muted day today,\" Oliver Pursche, senior vice president at Wealthspire Advisors, in New York. \"The summer is settling in, people are slipping out of work early and there’s nothing in the news that’s going to materially drive the market in either direction.\"</p>\n<p>\"So, investors are going to wait until earnings season.\"</p>\n<p>The Federal Reserve has repeatedly said that near-term price surges will not metastasize into lasting inflation, an assertion reflected in the University of Michigan's Consumer Sentiment report released on Friday, which showed inflation expectations easing from last month's spike.</p>\n<p>Investors now turn their attention to the Fed's statement at the conclusion of next week's two-day monetary policy meeting, which will be parsed for clues regarding the central bank's timetable for raising key interest rates.</p>\n<p>\"Our view continues to be that inflationary data is transient and we will be around the 2% mark for the year,\" Pursche added.</p>\n<p>Benchmark U.S. Treasury yields posted their biggest weekly drop in nearly a year, weighing on the interest-sensitive financial sector in recent sessions.</p>\n<p>The Food and Drug Administration is facing mounting criticism over its \"accelerated approval\" of Biogen Inc's</p>\n<p>Alzheimer's drug Aduhelm without strong evidence of its ability to combat the disease.</p>\n<p>Biogen shares, along with the broader healthcare sector&nbsp;ended the session lower.</p>\n<p>Unofficially, the Dow Jones Industrial Average rose 14.41 points, or 0.04%, to 34,480.65, the S&amp;P 500 gained 8.29 points, or 0.20%, to 4,247.47 and the Nasdaq Composite&nbsp;added 49.09 points, or 0.35%, to 14,069.42.</p>\n<p>Among the 11 major sectors in the S&amp;P 500, healthcare suffered the biggest percentage drop.</p>\n<p>Much of the trading volume this week was attributable to the ongoing social media-driven \"meme stock\" phenomenon, in which retail investors swarm around heavily shorted stocks.</p>\n<p>But meme stock moves were more muted on Friday, with AMC Entertainment outperforming.</p>\n<p>(Reporting by Stephen Culp in New York Additional reporting by Ambar Warrick and Devik Jain in Bengaluru Editing by Matthew Lewis and Cynthia Osterman)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF博时","IVV":"标普500ETF-iShares","QID":"两倍做空纳斯达克指数ETF-ProShares","DDM":"2倍做多道指ETF-ProShares","PSQ":"做空纳斯达克100指数ETF-ProShares","SH":"做空标普500-Proshares",".DJI":"道琼斯","UDOW":"三倍做多道指30ETF-ProShares","QQQ":"纳指100ETF","SDOW":"三倍做空道指30ETF-ProShares","SSO":"2倍做多标普500ETF-ProShares","DJX":"1/100道琼斯","UPRO":"三倍做多标普500ETF-ProShares",".SPX":"S&P 500 Index","SDS":"两倍做空标普500 ETF-ProShares","SQQQ":"纳指三倍做空ETF","QLD":"2倍做多纳斯达克100指数ETF-ProShares","DXD":"两倍做空道琼30指数ETF-ProShares","OEF":"标普100指数ETF-iShares",".IXIC":"NASDAQ Composite","DOG":"道指ETF-ProShares做空","OEX":"标普100","SPXU":"三倍做空标普500ETF-ProShares","TQQQ":"纳指三倍做多ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2142204074","content_text":"NEW YORK, June 11 (Reuters) - The S&P 500 closed nominally higher at the end of a torpid week marked with few market-moving catalysts and persistent concerns over whether current inflation spikes could linger and cause the U.S. Federal Reserve to tighten its dovish policy sooner than expected.\nEconomically sensitive smallcaps and transports notched solid gains, outperforming the broader market.\nFor the week, the S&P and the Nasdaq advanced from last Friday's close, while the Dow posted a weekly loss.\nBut the indexes have been range-bound, with few catalysts to move investor sentiment. Much of the focus centered on Thursday's consumer price data, which eased jitters over the duration of the current inflation wave.\n\"It’s a muted day today,\" Oliver Pursche, senior vice president at Wealthspire Advisors, in New York. \"The summer is settling in, people are slipping out of work early and there’s nothing in the news that’s going to materially drive the market in either direction.\"\n\"So, investors are going to wait until earnings season.\"\nThe Federal Reserve has repeatedly said that near-term price surges will not metastasize into lasting inflation, an assertion reflected in the University of Michigan's Consumer Sentiment report released on Friday, which showed inflation expectations easing from last month's spike.\nInvestors now turn their attention to the Fed's statement at the conclusion of next week's two-day monetary policy meeting, which will be parsed for clues regarding the central bank's timetable for raising key interest rates.\n\"Our view continues to be that inflationary data is transient and we will be around the 2% mark for the year,\" Pursche added.\nBenchmark U.S. Treasury yields posted their biggest weekly drop in nearly a year, weighing on the interest-sensitive financial sector in recent sessions.\nThe Food and Drug Administration is facing mounting criticism over its \"accelerated approval\" of Biogen Inc's\nAlzheimer's drug Aduhelm without strong evidence of its ability to combat the disease.\nBiogen shares, along with the broader healthcare sector ended the session lower.\nUnofficially, the Dow Jones Industrial Average rose 14.41 points, or 0.04%, to 34,480.65, the S&P 500 gained 8.29 points, or 0.20%, to 4,247.47 and the Nasdaq Composite added 49.09 points, or 0.35%, to 14,069.42.\nAmong the 11 major sectors in the S&P 500, healthcare suffered the biggest percentage drop.\nMuch of the trading volume this week was attributable to the ongoing social media-driven \"meme stock\" phenomenon, in which retail investors swarm around heavily shorted stocks.\nBut meme stock moves were more muted on Friday, with AMC Entertainment outperforming.\n(Reporting by Stephen Culp in New York Additional reporting by Ambar Warrick and Devik Jain in Bengaluru Editing by Matthew Lewis and Cynthia Osterman)","news_type":1,"symbols_score_info":{"161125":0.9,"513500":0.9,"OEX":0.9,"IVV":0.9,"SSO":0.9,".SPX":0.9,"UPRO":0.9,"DDM":0.9,"ESmain":0.9,"SH":0.9,"SDOW":0.9,"PSQ":0.9,"SQQQ":0.9,"SDS":0.9,"QLD":0.9,"UDOW":0.9,"QID":0.9,"DXD":0.9,".DJI":0.9,"TQQQ":0.9,"MNQmain":0.9,"SPXU":0.9,"DOG":0.9,"NQmain":0.9,"QQQ":0.9,"OEF":0.9,"DJX":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":836,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3569581951650623","authorId":"3569581951650623","name":"赞我的今年账户翻十倍","avatar":"https://static.tigerbbs.com/d1d63378f07d4231f465c7cd27356410","crmLevel":11,"crmLevelSwitch":0,"idStr":"3569581951650623","authorIdStr":"3569581951650623"},"content":"My heart is gray","text":"My heart is gray","html":"My heart is gray"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":179939297,"gmtCreate":1626480680519,"gmtModify":1703760789961,"author":{"id":"3573203718015318","authorId":"3573203718015318","name":"JenneyJJ","avatar":"https://static.itradeup.com/news/b13adb37ca4f467841be761d65d844b5","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573203718015318","authorIdStr":"3573203718015318"},"themes":[],"htmlText":"Just be well prepared, don't panic. After down, there will be up.","listText":"Just be well prepared, don't panic. After down, there will be up.","text":"Just be well prepared, don't panic. After down, there will be up.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":14,"commentSize":6,"repostSize":0,"link":"https://ttm.financial/post/179939297","repostId":"1149577900","repostType":4,"isVote":1,"tweetType":1,"viewCount":908,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3573178060046329","authorId":"3573178060046329","name":"飛翔2021","avatar":"https://static.tigerbbs.com/92b8239fc93c143148702ed5fb8e3a02","crmLevel":11,"crmLevelSwitch":0,"idStr":"3573178060046329","authorIdStr":"3573178060046329"},"content":"Yeap, good luck [Lovely]","text":"Yeap, good luck [Lovely]","html":"Yeap, good luck [Lovely]"},{"author":{"id":"3571345352614779","authorId":"3571345352614779","name":"xiaobaii","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"idStr":"3571345352614779","authorIdStr":"3571345352614779"},"content":"Like & Comment Please, Thank You Very Much","text":"Like & Comment Please, Thank You Very Much","html":"Like & Comment Please, Thank You Very Much"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":174156829,"gmtCreate":1627087497661,"gmtModify":1703483932277,"author":{"id":"3573203718015318","authorId":"3573203718015318","name":"JenneyJJ","avatar":"https://static.itradeup.com/news/b13adb37ca4f467841be761d65d844b5","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573203718015318","authorIdStr":"3573203718015318"},"themes":[],"htmlText":"I am still red for most of my counters. What about you?","listText":"I am still red for most of my counters. What about you?","text":"I am still red for most of my counters. What about you?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":8,"repostSize":0,"link":"https://ttm.financial/post/174156829","repostId":"2153980423","repostType":4,"isVote":1,"tweetType":1,"viewCount":834,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3558569595001242","authorId":"3558569595001242","name":"Wandakdash","avatar":"https://static.tigerbbs.com/211ec3a66712c46a80ca45e20dbbd8a4","crmLevel":12,"crmLevelSwitch":0,"idStr":"3558569595001242","authorIdStr":"3558569595001242"},"content":"Deep red sia all my counters amtf no eye see","text":"Deep red sia all my counters amtf no eye see","html":"Deep red sia all my counters amtf no eye see"},{"author":{"id":"3576629019645766","authorId":"3576629019645766","name":"Fanshuu","avatar":"https://static.tigerbbs.com/27c3506ac91aba524d8796fabd50c2f8","crmLevel":11,"crmLevelSwitch":0,"idStr":"3576629019645766","authorIdStr":"3576629019645766"},"content":"Green with some dash of reds. Depending your strategy, you can look into readjust your porfolio","text":"Green with some dash of reds. Depending your strategy, you can look into readjust your porfolio","html":"Green with some dash of reds. Depending your strategy, you can look into readjust your porfolio"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":115572189,"gmtCreate":1623025205641,"gmtModify":1704194417318,"author":{"id":"3573203718015318","authorId":"3573203718015318","name":"JenneyJJ","avatar":"https://static.itradeup.com/news/b13adb37ca4f467841be761d65d844b5","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573203718015318","authorIdStr":"3573203718015318"},"themes":[],"htmlText":"Trade with caution all the way!","listText":"Trade with caution all the way!","text":"Trade with caution all the way!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":9,"repostSize":0,"link":"https://ttm.financial/post/115572189","repostId":"1149058445","repostType":4,"isVote":1,"tweetType":1,"viewCount":568,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3574671931921507","authorId":"3574671931921507","name":"Wayneqq","avatar":"https://static.tigerbbs.com/05d24be2c05653913e90f51e69cfe2a8","crmLevel":12,"crmLevelSwitch":0,"idStr":"3574671931921507","authorIdStr":"3574671931921507"},"content":"I hope the market correct more so can establish more positions that are undervalued","text":"I hope the market correct more so can establish more positions that are undervalued","html":"I hope the market correct more so can establish more positions that are undervalued"}],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}