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2021-08-02

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Semiconductor stocks rally after ON Semi's strong earnings

2021-09-05

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2021-08-14

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Where Will Virgin Galactic Stock Be In 10 Years?

2021-08-01

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SIA, SIAE, Singtel potential candidates for company restructuring: Maybank

2021-07-14

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S&P 500 and Nasdaq end down after hitting record highs

2021-07-11

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Banks Are About to Kick Off Earnings Season. Keep an Eye on Citigroup.

2021-09-09

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'The lady isn't tapering,' says Lagarde as ECB slows asset purchases

2021-08-27

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Editing by Shinjini Ganguli)</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>Freshworks targets nearly $10 bln in valuation with raised U.S. IPO price range</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFreshworks targets nearly $10 bln in valuation with raised U.S. IPO price range\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\">2021-09-20 22:45</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Sept 20 (Reuters) - <a href=\"https://laohu8.com/S/FRSH\">Freshworks</a> Inc said on Monday it was aiming for a valuation of nearly $9.6 billion after the business and customer engagement software company raised its target price range for an initial public offering in the United States.</p>\n<p>(Reporting by Sohini Podder in Bengaluru; Editing by Shinjini Ganguli)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2168268325","content_text":"Sept 20 (Reuters) - Freshworks Inc said on Monday it was aiming for a valuation of nearly $9.6 billion after the business and customer engagement software company raised its target price range for an initial public offering in the United States.\n(Reporting by Sohini Podder in Bengaluru; Editing by Shinjini Ganguli)","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":3477,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":882086626,"gmtCreate":1631631297765,"gmtModify":1676530595611,"author":{"id":"4087632630520920","authorId":"4087632630520920","name":"mintcookie","avatar":"https://static.tigerbbs.com/5a506061d4a1502e786b64e0a9a943f1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087632630520920","idStr":"4087632630520920"},"themes":[],"htmlText":"Oh","listText":"Oh","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/882086626","repostId":"2167929558","repostType":4,"isVote":1,"tweetType":1,"viewCount":2275,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":883389689,"gmtCreate":1631202037641,"gmtModify":1676530496354,"author":{"id":"4087632630520920","authorId":"4087632630520920","name":"mintcookie","avatar":"https://static.tigerbbs.com/5a506061d4a1502e786b64e0a9a943f1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087632630520920","idStr":"4087632630520920"},"themes":[],"htmlText":"Oh","listText":"Oh","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/883389689","repostId":"2166349850","repostType":4,"repost":{"id":"2166349850","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1631198880,"share":"https://ttm.financial/m/news/2166349850?lang=en_US&edition=fundamental","pubTime":"2021-09-09 22:48","market":"other","language":"en","title":"'The lady isn't tapering,' says Lagarde as ECB slows asset purchases","url":"https://stock-news.laohu8.com/highlight/detail?id=2166349850","media":"Dow Jones","summary":"Move is a recalibration of monetary stimulus, says ECB president.\n\nEuropean Central Bank President C","content":"<blockquote>\n Move is a recalibration of monetary stimulus, says ECB president.\n</blockquote>\n<p>European Central Bank President Christine Lagarde argued Thursday that a decision to slow the pace of asset buying under the institution's pandemic emergency program didn't amount to a \"tapering,\" but was instead a mere recalibration of stimulus efforts.</p>\n<p>\"The lady isn't tapering,\" Lagarde said at a news conference following the ECB decision, seemingly echoing late U.K. Prime Minister Margaret Thatcher's 1980 declaration, in response to pressure to reverse her economic policies, that \"the lady is not for turning.\"</p>\n<p>Lagarde said the ECB was merely recalibrating the PEPP, under which the bank had accelerated purchases over the past six months in response to a sluggish economic outlook. The \"rebound\" phase of the economic recovery now appears increasingly advanced, she said, though a \"full\" recovery could yet be delayed by the spread of the delta variant of the coronavirus that causes COVID-19.</p>\n<p>In a statement earlier Thursday, the ECB said that the Governing Council had decided, based on a joint assessment of financing conditions and the inflation outlook, that \"that favorable financing conditions can be maintained with a moderately lower pace of net asset purchases under the PEPP than in the previous two quarters.\"</p>\n<p>Lagarde said the decision to moderate the pace was unanimous.</p>\n<p>At the same time, net purchases under the ECB's separate asset purchase program are set to continue at a monthly pace of EUR20 billion ($23.7 billion), the ECB said. The Governing Council continues to expect monthly net asset purchases under the APP to run for as long as necessary to reinforce the accommodative impact of its policy rates, and to end shortly before it starts raising the key ECB interest rates, the ECB said. PEPP purchases, meanwhile, will continue until at least the end of March 2022, the central bank said, with a total envelope of EUR1.85 trillion.</p>\n<p>\"While today's policy statement confirms that the ECB will reduce the pace of its asset purchases slightly compared to its average since March, this is a long way from being a 'full taper,'\" said Andrew Kenningham, chief Europe economist at Capital Economics, in a note.</p>\n<p>\"Total asset purchases will probably continue at an average monthly rate of around EUR90 billion per month in the coming quarter, there is still no firm end-date for the emergency purchase program and, for now, the ECB still plans to continue with the standard APP until shortly before it raises interest rates,\" he said.</p>\n<p>The move wasn't unexpected, but it was still significant.</p>\n<p>\"The ECB has taken its first meaningful step towards tapering today,\" said Seema Shah, chief strategist at Principal Global Investors. \"Characteristically, it hasn't tied itself to a specific pace of purchase, instead retaining an element of flexibility which will be helpful in the face of a potential tightening in financial conditions as Fed taper draws near.\"</p>\n<p>Lagarde \"stuck to the script,\" said Claus Vistesen, chief eurozone economist at Pantheon Macroeconomics, in a note. \"The 'moderately slower pace' of PEPP in Q4 is a recalibration, not a taper, a distinction presumably used to avoid the perception that the central bank is on track to reduce the pace of [quantitative easing] to zero.\"</p>\n<p>Meanwhile, Lagarde largely brushed aside questions around the ultimate fate of the PEPP. It appears likely policy makers will face a decision on whether to announce the wind-down of the program at the ECB's December policy meeting, which will feature the next quarterly update of staff macroeconomic forecasts, Vistesen said.</p>\n<p>ECB staff on Thursday raised their forecasts for near-term eurozone growth and inflation. They expect gross domestic product to grow by 5% in 2021, up from a previous forecast of 4.6% in June. Inflation is expected to hit 2.2% in 2021, but soon fall back below the bank's symmetric medium-term target of 2%.</p>\n<p>As expected, the ECB also left interest rates unchanged, with its deposit rate at negative 0.5%. while the main refinancing rate remains at 0%.</p>\n<p>The euro gave up early gains to edge down 0.1% versus the U.S. dollar, trading at $1.1811. The yield on the 10-year German government bond , or bund, was down 3.9 basis points at negative 0.359%. Yields move in the opposite direction of bond prices.</p>\n<p>European equities turned higher as U.S. equities rallied, with the Stoxx Europe 600 up 0.3%.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>'The lady isn't tapering,' says Lagarde as ECB slows asset purchases</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\">\n'The lady isn't tapering,' says Lagarde as ECB slows asset purchases\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-09-09 22:48</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<blockquote>\n Move is a recalibration of monetary stimulus, says ECB president.\n</blockquote>\n<p>European Central Bank President Christine Lagarde argued Thursday that a decision to slow the pace of asset buying under the institution's pandemic emergency program didn't amount to a \"tapering,\" but was instead a mere recalibration of stimulus efforts.</p>\n<p>\"The lady isn't tapering,\" Lagarde said at a news conference following the ECB decision, seemingly echoing late U.K. Prime Minister Margaret Thatcher's 1980 declaration, in response to pressure to reverse her economic policies, that \"the lady is not for turning.\"</p>\n<p>Lagarde said the ECB was merely recalibrating the PEPP, under which the bank had accelerated purchases over the past six months in response to a sluggish economic outlook. The \"rebound\" phase of the economic recovery now appears increasingly advanced, she said, though a \"full\" recovery could yet be delayed by the spread of the delta variant of the coronavirus that causes COVID-19.</p>\n<p>In a statement earlier Thursday, the ECB said that the Governing Council had decided, based on a joint assessment of financing conditions and the inflation outlook, that \"that favorable financing conditions can be maintained with a moderately lower pace of net asset purchases under the PEPP than in the previous two quarters.\"</p>\n<p>Lagarde said the decision to moderate the pace was unanimous.</p>\n<p>At the same time, net purchases under the ECB's separate asset purchase program are set to continue at a monthly pace of EUR20 billion ($23.7 billion), the ECB said. The Governing Council continues to expect monthly net asset purchases under the APP to run for as long as necessary to reinforce the accommodative impact of its policy rates, and to end shortly before it starts raising the key ECB interest rates, the ECB said. PEPP purchases, meanwhile, will continue until at least the end of March 2022, the central bank said, with a total envelope of EUR1.85 trillion.</p>\n<p>\"While today's policy statement confirms that the ECB will reduce the pace of its asset purchases slightly compared to its average since March, this is a long way from being a 'full taper,'\" said Andrew Kenningham, chief Europe economist at Capital Economics, in a note.</p>\n<p>\"Total asset purchases will probably continue at an average monthly rate of around EUR90 billion per month in the coming quarter, there is still no firm end-date for the emergency purchase program and, for now, the ECB still plans to continue with the standard APP until shortly before it raises interest rates,\" he said.</p>\n<p>The move wasn't unexpected, but it was still significant.</p>\n<p>\"The ECB has taken its first meaningful step towards tapering today,\" said Seema Shah, chief strategist at Principal Global Investors. \"Characteristically, it hasn't tied itself to a specific pace of purchase, instead retaining an element of flexibility which will be helpful in the face of a potential tightening in financial conditions as Fed taper draws near.\"</p>\n<p>Lagarde \"stuck to the script,\" said Claus Vistesen, chief eurozone economist at Pantheon Macroeconomics, in a note. \"The 'moderately slower pace' of PEPP in Q4 is a recalibration, not a taper, a distinction presumably used to avoid the perception that the central bank is on track to reduce the pace of [quantitative easing] to zero.\"</p>\n<p>Meanwhile, Lagarde largely brushed aside questions around the ultimate fate of the PEPP. It appears likely policy makers will face a decision on whether to announce the wind-down of the program at the ECB's December policy meeting, which will feature the next quarterly update of staff macroeconomic forecasts, Vistesen said.</p>\n<p>ECB staff on Thursday raised their forecasts for near-term eurozone growth and inflation. They expect gross domestic product to grow by 5% in 2021, up from a previous forecast of 4.6% in June. Inflation is expected to hit 2.2% in 2021, but soon fall back below the bank's symmetric medium-term target of 2%.</p>\n<p>As expected, the ECB also left interest rates unchanged, with its deposit rate at negative 0.5%. while the main refinancing rate remains at 0%.</p>\n<p>The euro gave up early gains to edge down 0.1% versus the U.S. dollar, trading at $1.1811. The yield on the 10-year German government bond , or bund, was down 3.9 basis points at negative 0.359%. Yields move in the opposite direction of bond prices.</p>\n<p>European equities turned higher as U.S. equities rallied, with the Stoxx Europe 600 up 0.3%.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2166349850","content_text":"Move is a recalibration of monetary stimulus, says ECB president.\n\nEuropean Central Bank President Christine Lagarde argued Thursday that a decision to slow the pace of asset buying under the institution's pandemic emergency program didn't amount to a \"tapering,\" but was instead a mere recalibration of stimulus efforts.\n\"The lady isn't tapering,\" Lagarde said at a news conference following the ECB decision, seemingly echoing late U.K. Prime Minister Margaret Thatcher's 1980 declaration, in response to pressure to reverse her economic policies, that \"the lady is not for turning.\"\nLagarde said the ECB was merely recalibrating the PEPP, under which the bank had accelerated purchases over the past six months in response to a sluggish economic outlook. The \"rebound\" phase of the economic recovery now appears increasingly advanced, she said, though a \"full\" recovery could yet be delayed by the spread of the delta variant of the coronavirus that causes COVID-19.\nIn a statement earlier Thursday, the ECB said that the Governing Council had decided, based on a joint assessment of financing conditions and the inflation outlook, that \"that favorable financing conditions can be maintained with a moderately lower pace of net asset purchases under the PEPP than in the previous two quarters.\"\nLagarde said the decision to moderate the pace was unanimous.\nAt the same time, net purchases under the ECB's separate asset purchase program are set to continue at a monthly pace of EUR20 billion ($23.7 billion), the ECB said. The Governing Council continues to expect monthly net asset purchases under the APP to run for as long as necessary to reinforce the accommodative impact of its policy rates, and to end shortly before it starts raising the key ECB interest rates, the ECB said. PEPP purchases, meanwhile, will continue until at least the end of March 2022, the central bank said, with a total envelope of EUR1.85 trillion.\n\"While today's policy statement confirms that the ECB will reduce the pace of its asset purchases slightly compared to its average since March, this is a long way from being a 'full taper,'\" said Andrew Kenningham, chief Europe economist at Capital Economics, in a note.\n\"Total asset purchases will probably continue at an average monthly rate of around EUR90 billion per month in the coming quarter, there is still no firm end-date for the emergency purchase program and, for now, the ECB still plans to continue with the standard APP until shortly before it raises interest rates,\" he said.\nThe move wasn't unexpected, but it was still significant.\n\"The ECB has taken its first meaningful step towards tapering today,\" said Seema Shah, chief strategist at Principal Global Investors. \"Characteristically, it hasn't tied itself to a specific pace of purchase, instead retaining an element of flexibility which will be helpful in the face of a potential tightening in financial conditions as Fed taper draws near.\"\nLagarde \"stuck to the script,\" said Claus Vistesen, chief eurozone economist at Pantheon Macroeconomics, in a note. \"The 'moderately slower pace' of PEPP in Q4 is a recalibration, not a taper, a distinction presumably used to avoid the perception that the central bank is on track to reduce the pace of [quantitative easing] to zero.\"\nMeanwhile, Lagarde largely brushed aside questions around the ultimate fate of the PEPP. It appears likely policy makers will face a decision on whether to announce the wind-down of the program at the ECB's December policy meeting, which will feature the next quarterly update of staff macroeconomic forecasts, Vistesen said.\nECB staff on Thursday raised their forecasts for near-term eurozone growth and inflation. They expect gross domestic product to grow by 5% in 2021, up from a previous forecast of 4.6% in June. Inflation is expected to hit 2.2% in 2021, but soon fall back below the bank's symmetric medium-term target of 2%.\nAs expected, the ECB also left interest rates unchanged, with its deposit rate at negative 0.5%. while the main refinancing rate remains at 0%.\nThe euro gave up early gains to edge down 0.1% versus the U.S. dollar, trading at $1.1811. The yield on the 10-year German government bond , or bund, was down 3.9 basis points at negative 0.359%. Yields move in the opposite direction of bond prices.\nEuropean equities turned higher as U.S. equities rallied, with the Stoxx Europe 600 up 0.3%.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":3385,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":880804818,"gmtCreate":1631028506134,"gmtModify":1676530448216,"author":{"id":"4087632630520920","authorId":"4087632630520920","name":"mintcookie","avatar":"https://static.tigerbbs.com/5a506061d4a1502e786b64e0a9a943f1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087632630520920","idStr":"4087632630520920"},"themes":[],"htmlText":"Oh","listText":"Oh","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/880804818","repostId":"2165354124","repostType":4,"repost":{"id":"2165354124","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":1631027400,"share":"https://ttm.financial/m/news/2165354124?lang=en_US&edition=fundamental","pubTime":"2021-09-07 23:10","market":"us","language":"en","title":"Intel says it will reserve Ireland chip factory capacity for automakers","url":"https://stock-news.laohu8.com/highlight/detail?id=2165354124","media":"Reuters","summary":"Sept 7 (Reuters) - Intel Corp on Tuesday said that it will reserve factory capacity at its semicondu","content":"<p>Sept 7 (Reuters) - Intel Corp on Tuesday said that it will reserve factory capacity at its semiconductor plant in Ireland for automakers and has created a program to help them transition to making chips in its factories.</p>\n<p>Intel, the biggest maker of processor chips for PCs and data centers, in March said it planned to open up its chip factories for outsiders to use.</p>\n<p><b>Chief Executive Pat Gelsinger told Reuters in April</b></p>\n<p>that the company wanted to start producing chips for automakers within six to nine months to help alleviate a shortage that has disrupted vehicle production around the world.</p>\n<p>It is unclear whether the latest announcement means Intel will meet that goal.</p>\n<p>Gelsinger was due to outline details of the new program on Tuesday at the IAA automotive show in Germany. The \"Intel Foundry Services Accelerator\" is aimed at helping automakers learn to make chips using what Intel calls its \"Intel 16\" chip manufacturing technology and later move to its \"Intel 3\" and \"Intel 18A\" technologies.</p>\n<p>Those manufacturing processes would be far more advanced than most of the processes used in the automotive industry today. Intel said that several automakers and key suppliers - including BMW AG , <a href=\"https://laohu8.com/S/VLKAF\">Volkswagen AG</a> , <a href=\"https://laohu8.com/S/DMLRY\">Daimler AG</a> and Bosch - had expressed support for its programs, but an Intel spokesman declined to confirm whether any had committed to becoming customers.</p>\n<p>Intel views automakers as a key strategic priority. Gelsinger was expected to say Tuesday that the company believes chips will make up 20% of the cost of vehicles by 2030, a five-fold increase from 4% of the cost in 2019.</p>\n<p>(Reporting by Stephen Nellis in San Francisco; editing by Richard Pullin)</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>Intel says it will reserve Ireland chip factory capacity for automakers</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\">\nIntel says it will reserve Ireland chip factory capacity for automakers\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\">2021-09-07 23:10</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Sept 7 (Reuters) - Intel Corp on Tuesday said that it will reserve factory capacity at its semiconductor plant in Ireland for automakers and has created a program to help them transition to making chips in its factories.</p>\n<p>Intel, the biggest maker of processor chips for PCs and data centers, in March said it planned to open up its chip factories for outsiders to use.</p>\n<p><b>Chief Executive Pat Gelsinger told Reuters in April</b></p>\n<p>that the company wanted to start producing chips for automakers within six to nine months to help alleviate a shortage that has disrupted vehicle production around the world.</p>\n<p>It is unclear whether the latest announcement means Intel will meet that goal.</p>\n<p>Gelsinger was due to outline details of the new program on Tuesday at the IAA automotive show in Germany. The \"Intel Foundry Services Accelerator\" is aimed at helping automakers learn to make chips using what Intel calls its \"Intel 16\" chip manufacturing technology and later move to its \"Intel 3\" and \"Intel 18A\" technologies.</p>\n<p>Those manufacturing processes would be far more advanced than most of the processes used in the automotive industry today. Intel said that several automakers and key suppliers - including BMW AG , <a href=\"https://laohu8.com/S/VLKAF\">Volkswagen AG</a> , <a href=\"https://laohu8.com/S/DMLRY\">Daimler AG</a> and Bosch - had expressed support for its programs, but an Intel spokesman declined to confirm whether any had committed to becoming customers.</p>\n<p>Intel views automakers as a key strategic priority. Gelsinger was expected to say Tuesday that the company believes chips will make up 20% of the cost of vehicles by 2030, a five-fold increase from 4% of the cost in 2019.</p>\n<p>(Reporting by Stephen Nellis in San Francisco; editing by Richard Pullin)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2165354124","content_text":"Sept 7 (Reuters) - Intel Corp on Tuesday said that it will reserve factory capacity at its semiconductor plant in Ireland for automakers and has created a program to help them transition to making chips in its factories.\nIntel, the biggest maker of processor chips for PCs and data centers, in March said it planned to open up its chip factories for outsiders to use.\nChief Executive Pat Gelsinger told Reuters in April\nthat the company wanted to start producing chips for automakers within six to nine months to help alleviate a shortage that has disrupted vehicle production around the world.\nIt is unclear whether the latest announcement means Intel will meet that goal.\nGelsinger was due to outline details of the new program on Tuesday at the IAA automotive show in Germany. The \"Intel Foundry Services Accelerator\" is aimed at helping automakers learn to make chips using what Intel calls its \"Intel 16\" chip manufacturing technology and later move to its \"Intel 3\" and \"Intel 18A\" technologies.\nThose manufacturing processes would be far more advanced than most of the processes used in the automotive industry today. Intel said that several automakers and key suppliers - including BMW AG , Volkswagen AG , Daimler AG and Bosch - had expressed support for its programs, but an Intel spokesman declined to confirm whether any had committed to becoming customers.\nIntel views automakers as a key strategic priority. Gelsinger was expected to say Tuesday that the company believes chips will make up 20% of the cost of vehicles by 2030, a five-fold increase from 4% of the cost in 2019.\n(Reporting by Stephen Nellis in San Francisco; editing by Richard Pullin)","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":2423,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":814432788,"gmtCreate":1630857110944,"gmtModify":1676530406879,"author":{"id":"4087632630520920","authorId":"4087632630520920","name":"mintcookie","avatar":"https://static.tigerbbs.com/5a506061d4a1502e786b64e0a9a943f1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087632630520920","idStr":"4087632630520920"},"themes":[],"htmlText":"Oh","listText":"Oh","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/814432788","repostId":"2164803413","repostType":4,"isVote":1,"tweetType":1,"viewCount":3718,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":814432550,"gmtCreate":1630857093970,"gmtModify":1676530406870,"author":{"id":"4087632630520920","authorId":"4087632630520920","name":"mintcookie","avatar":"https://static.tigerbbs.com/5a506061d4a1502e786b64e0a9a943f1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087632630520920","idStr":"4087632630520920"},"themes":[],"htmlText":"Oh","listText":"Oh","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/814432550","repostId":"2164803413","repostType":4,"isVote":1,"tweetType":1,"viewCount":2973,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":814324189,"gmtCreate":1630767952041,"gmtModify":1676530392560,"author":{"id":"4087632630520920","authorId":"4087632630520920","name":"mintcookie","avatar":"https://static.tigerbbs.com/5a506061d4a1502e786b64e0a9a943f1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087632630520920","idStr":"4087632630520920"},"themes":[],"htmlText":"Oh","listText":"Oh","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/814324189","repostId":"1186003479","repostType":4,"isVote":1,"tweetType":1,"viewCount":3424,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":818432793,"gmtCreate":1630424563312,"gmtModify":1676530301066,"author":{"id":"4087632630520920","authorId":"4087632630520920","name":"mintcookie","avatar":"https://static.tigerbbs.com/5a506061d4a1502e786b64e0a9a943f1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087632630520920","idStr":"4087632630520920"},"themes":[],"htmlText":"Oh","listText":"Oh","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/818432793","repostId":"2163868409","repostType":4,"isVote":1,"tweetType":1,"viewCount":3057,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":811486701,"gmtCreate":1630336667003,"gmtModify":1676530274757,"author":{"id":"4087632630520920","authorId":"4087632630520920","name":"mintcookie","avatar":"https://static.tigerbbs.com/5a506061d4a1502e786b64e0a9a943f1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087632630520920","idStr":"4087632630520920"},"themes":[],"htmlText":"Oh","listText":"Oh","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/811486701","repostId":"2163827228","repostType":4,"repost":{"id":"2163827228","kind":"highlight","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1630335873,"share":"https://ttm.financial/m/news/2163827228?lang=en_US&edition=fundamental","pubTime":"2021-08-30 23:04","market":"us","language":"en","title":"This Chinese EV Maker Expects To Sell More Cars Than Nio, XPeng In Q3","url":"https://stock-news.laohu8.com/highlight/detail?id=2163827228","media":"Benzinga","summary":"The U.S.-listed Chinese electric vehicle startups Nio, Inc. (NYSE: NIO) and XPeng, Inc. (NYSE: XPEV) invariably steal peer Li Auto Inc.","content":"<p>The U.S.-listed Chinese electric vehicle&nbsp;startups <b>Nio, Inc. </b>(NYSE:NIO) and <b>XPeng, Inc. </b>(NYSE:XPEV) invariably steal peer <b>Li Auto Inc. </b>(NASDAQ:LI)'s thunder. The underdog, however, is slowly and steadily emerging from the shadows of the more flamboyant Nio and XPeng.</p>\n<p><b>What Happened: </b> Li Auto announced Monday it expects to deliver between 25,000 and 26,000 vehicles in the third quarter, representing year-over-year growth of 188%-200%.</p>\n<p>This compares favorably to deliveries guidance issued by Li's Chinese peers. Nio guided to third-quarter deliveries of 23,000 to 25,000 vehicles and XPeng expects quarterly deliveries to range between 21,000 and 22,500 units.</p>\n<p>Li Auto's third-quarter revenue guidance of 6.98 billion yuan to 7.25 billion yuan ($1.08 billion-$1.12 billion)&nbsp;is notably above the consensus estimate of 5.26 billion yuan.</p>\n<p>For the second quarter, Li Auto reported revenues of 5.04 billion yuan, up 40.9% and exceeding the consensus estimate of 4.41 billion yuan.</p>\n<p>The company clocked record July deliveries of 8,589 units.</p>\n<p><b>Why It's Important: </b>Li Auto sells a lone SUV EV model, the Li ONE. In late May, the company launched the latest version of its Li ONE, with improvements in the powertrain system, driving assistance system, intelligent cockpit and user experience. Deliveries of the refreshed model began June 1.</p>\n<p>The company is also planning to launch a series of major over-the-air upgrades by the end of the year.</p>\n<p>Li Auto's strong guidance is even more commendable because it has come amid a macroeconomic backdrop in which chip shortages have&nbsp;constrained the production of major automakers.</p>\n<p>At last check, Li Auto shares were slipping 3.92% to $28.19.</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>This Chinese EV Maker Expects To Sell More Cars Than Nio, XPeng In Q3</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\">\nThis Chinese EV Maker Expects To Sell More Cars Than Nio, XPeng In Q3\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-08-30 23:04</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>The U.S.-listed Chinese electric vehicle&nbsp;startups <b>Nio, Inc. </b>(NYSE:NIO) and <b>XPeng, Inc. </b>(NYSE:XPEV) invariably steal peer <b>Li Auto Inc. </b>(NASDAQ:LI)'s thunder. The underdog, however, is slowly and steadily emerging from the shadows of the more flamboyant Nio and XPeng.</p>\n<p><b>What Happened: </b> Li Auto announced Monday it expects to deliver between 25,000 and 26,000 vehicles in the third quarter, representing year-over-year growth of 188%-200%.</p>\n<p>This compares favorably to deliveries guidance issued by Li's Chinese peers. Nio guided to third-quarter deliveries of 23,000 to 25,000 vehicles and XPeng expects quarterly deliveries to range between 21,000 and 22,500 units.</p>\n<p>Li Auto's third-quarter revenue guidance of 6.98 billion yuan to 7.25 billion yuan ($1.08 billion-$1.12 billion)&nbsp;is notably above the consensus estimate of 5.26 billion yuan.</p>\n<p>For the second quarter, Li Auto reported revenues of 5.04 billion yuan, up 40.9% and exceeding the consensus estimate of 4.41 billion yuan.</p>\n<p>The company clocked record July deliveries of 8,589 units.</p>\n<p><b>Why It's Important: </b>Li Auto sells a lone SUV EV model, the Li ONE. In late May, the company launched the latest version of its Li ONE, with improvements in the powertrain system, driving assistance system, intelligent cockpit and user experience. Deliveries of the refreshed model began June 1.</p>\n<p>The company is also planning to launch a series of major over-the-air upgrades by the end of the year.</p>\n<p>Li Auto's strong guidance is even more commendable because it has come amid a macroeconomic backdrop in which chip shortages have&nbsp;constrained the production of major automakers.</p>\n<p>At last check, Li Auto shares were slipping 3.92% to $28.19.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XPEV":"小鹏汽车","NIO":"蔚来","LI":"理想汽车"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2163827228","content_text":"The U.S.-listed Chinese electric vehicle startups Nio, Inc. (NYSE:NIO) and XPeng, Inc. (NYSE:XPEV) invariably steal peer Li Auto Inc. (NASDAQ:LI)'s thunder. The underdog, however, is slowly and steadily emerging from the shadows of the more flamboyant Nio and XPeng.\nWhat Happened:  Li Auto announced Monday it expects to deliver between 25,000 and 26,000 vehicles in the third quarter, representing year-over-year growth of 188%-200%.\nThis compares favorably to deliveries guidance issued by Li's Chinese peers. Nio guided to third-quarter deliveries of 23,000 to 25,000 vehicles and XPeng expects quarterly deliveries to range between 21,000 and 22,500 units.\nLi Auto's third-quarter revenue guidance of 6.98 billion yuan to 7.25 billion yuan ($1.08 billion-$1.12 billion) is notably above the consensus estimate of 5.26 billion yuan.\nFor the second quarter, Li Auto reported revenues of 5.04 billion yuan, up 40.9% and exceeding the consensus estimate of 4.41 billion yuan.\nThe company clocked record July deliveries of 8,589 units.\nWhy It's Important: Li Auto sells a lone SUV EV model, the Li ONE. In late May, the company launched the latest version of its Li ONE, with improvements in the powertrain system, driving assistance system, intelligent cockpit and user experience. Deliveries of the refreshed model began June 1.\nThe company is also planning to launch a series of major over-the-air upgrades by the end of the year.\nLi Auto's strong guidance is even more commendable because it has come amid a macroeconomic backdrop in which chip shortages have constrained the production of major automakers.\nAt last check, Li Auto shares were slipping 3.92% to $28.19.","news_type":1,"symbols_score_info":{"XPEV":0.9,"LI":0.9,"NIO":0.9}},"isVote":1,"tweetType":1,"viewCount":2413,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":813764004,"gmtCreate":1630250078508,"gmtModify":1676530250914,"author":{"id":"4087632630520920","authorId":"4087632630520920","name":"mintcookie","avatar":"https://static.tigerbbs.com/5a506061d4a1502e786b64e0a9a943f1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087632630520920","idStr":"4087632630520920"},"themes":[],"htmlText":"Oh","listText":"Oh","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/813764004","repostId":"1162964424","repostType":4,"repost":{"id":"1162964424","kind":"news","pubTimestamp":1630111098,"share":"https://ttm.financial/m/news/1162964424?lang=en_US&edition=fundamental","pubTime":"2021-08-28 08:38","market":"us","language":"en","title":"Apple Stock: How It Could Be A Great Inflation Play","url":"https://stock-news.laohu8.com/highlight/detail?id=1162964424","media":"TheStreet","summary":"Apple’s iPhone 13 could cost consumers more due to an increase in the price of certain components. This is bad news for users, but probably good news for Apple stock investors.IPhone users thinking of upgrading their devices this year  should expect to reach deeper into their pockets. DigiTimes has reported that Apple’s iPhone 13 could be launched next month at a higher price due to parts inflation.Bad news for consumers could be great news for Apple stock investors. If the price increase is con","content":"<p>Apple’s iPhone 13 could cost consumers more due to an increase in the price of certain components. This is bad news for users, but probably good news for Apple stock investors.</p>\n<p>IPhone users thinking of upgrading their devices this year (or those looking to switch to the iOS-based product) should expect to reach deeper into their pockets. DigiTimes has&nbsp;reported&nbsp;that Apple’s iPhone 13 could be launched next month at a higher price due to parts inflation.</p>\n<p>Bad news for consumers could be great news for Apple stock&nbsp;investors. If the price increase is confirmed, it provides evidence that AAPL might be a great inflation play during these times of worry over rising producer and consumer prices.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d6f4ac9ebc1b90072340731dc5c1e613\" tg-width=\"1240\" tg-height=\"698\" referrerpolicy=\"no-referrer\"><span>Figure 1: Apple's iPhone 12 Pro.</span></p>\n<p><b>What happened?</b></p>\n<p>The iPhone is already considered a pricey tech gadget that can cost as much as $1,400 for the fully loaded, higher-end 12 Pro Max model in the US (see figure below). Due to this year’s components shortage, chip maker TSMC may raise its part prices to Apple by 3% to 5%, which could lead to a similar increase in the price of the yet-to-be-announced iPhone 13.</p>\n<p>It is unlikely that one of the largest and most successful consumer product companies in the world would try to raise prices without confidence that doing so does not impact demand for the new iPhone substantially. Apple can probably afford to hike prices because the company understands the value and the appeal of its luxury brand.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0140b9b68bb9eb5dd7e88aaff384785d\" tg-width=\"707\" tg-height=\"370\" referrerpolicy=\"no-referrer\"><span>Figure 2: iPhone 12 Pro on Apple's store.</span></p>\n<p><b>A quote from Jim Cramer</b></p>\n<p>One of the most concerning headwinds to stocks in the foreseeable future is the possibility of inflation eroding corporate margins and leading to higher interest rates in 2021-2022. But should producer and consumer prices spike, not all stocks will be impacted equally.</p>\n<p>Generally speaking, companies with strong pricing power that are able to pass on the higher production costs to consumers will likely outperform. This is a point that&nbsp;Mad Money’s Jim Cramer has made recently. Here is his quote:</p>\n<blockquote>\n “When you try to think of what’s working in this market... I want you to ask yourself, would you be insensitive to a price increase if the company put one through? [What are] the companies that can raise prices without infuriating you? Go buy their stocks.”\n</blockquote>\n<p><b>The impact to the P&amp;L</b></p>\n<p>Are higher prices a good or a bad thing for a company’s financial performance? The answer is nuanced and depends on a few factors.</p>\n<p>Holding all else constant, higher prices also mean higher revenues (think of the formula for sales: price times quantity). If the increase in price is decoupled from an increase in product or operating costs, then the hike also helps to boost margins – thus profits as well.</p>\n<p>However, “holding all else constant” is not how the world really works. A change in price tends to have an impact on a few key variables, most important of which is demand. If higher prices do not impact units sold by much or at all, this is great news for revenues and, most likely, earnings.</p>\n<p>The other piece to consider is whether the price hike fully or only partially offsets higher costs. Assuming the latter, revenues can still benefit without a corresponding positive effect on margins and profits. The complexity presented by the many moving parts makes it hard to determine with certainty how a more expensive iPhone may impact Apple’s financial statements in the future.</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>Apple Stock: How It Could Be A Great Inflation Play</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Stock: How It Could Be A Great Inflation Play\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-28 08:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/apple/iphone/apple-stock-how-it-could-be-a-great-inflation-play><strong>TheStreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple’s iPhone 13 could cost consumers more due to an increase in the price of certain components. This is bad news for users, but probably good news for Apple stock investors.\nIPhone users thinking ...</p>\n\n<a href=\"https://www.thestreet.com/apple/iphone/apple-stock-how-it-could-be-a-great-inflation-play\">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.thestreet.com/apple/iphone/apple-stock-how-it-could-be-a-great-inflation-play","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162964424","content_text":"Apple’s iPhone 13 could cost consumers more due to an increase in the price of certain components. This is bad news for users, but probably good news for Apple stock investors.\nIPhone users thinking of upgrading their devices this year (or those looking to switch to the iOS-based product) should expect to reach deeper into their pockets. DigiTimes has reported that Apple’s iPhone 13 could be launched next month at a higher price due to parts inflation.\nBad news for consumers could be great news for Apple stock investors. If the price increase is confirmed, it provides evidence that AAPL might be a great inflation play during these times of worry over rising producer and consumer prices.\nFigure 1: Apple's iPhone 12 Pro.\nWhat happened?\nThe iPhone is already considered a pricey tech gadget that can cost as much as $1,400 for the fully loaded, higher-end 12 Pro Max model in the US (see figure below). Due to this year’s components shortage, chip maker TSMC may raise its part prices to Apple by 3% to 5%, which could lead to a similar increase in the price of the yet-to-be-announced iPhone 13.\nIt is unlikely that one of the largest and most successful consumer product companies in the world would try to raise prices without confidence that doing so does not impact demand for the new iPhone substantially. Apple can probably afford to hike prices because the company understands the value and the appeal of its luxury brand.\nFigure 2: iPhone 12 Pro on Apple's store.\nA quote from Jim Cramer\nOne of the most concerning headwinds to stocks in the foreseeable future is the possibility of inflation eroding corporate margins and leading to higher interest rates in 2021-2022. But should producer and consumer prices spike, not all stocks will be impacted equally.\nGenerally speaking, companies with strong pricing power that are able to pass on the higher production costs to consumers will likely outperform. This is a point that Mad Money’s Jim Cramer has made recently. Here is his quote:\n\n “When you try to think of what’s working in this market... I want you to ask yourself, would you be insensitive to a price increase if the company put one through? [What are] the companies that can raise prices without infuriating you? Go buy their stocks.”\n\nThe impact to the P&L\nAre higher prices a good or a bad thing for a company’s financial performance? The answer is nuanced and depends on a few factors.\nHolding all else constant, higher prices also mean higher revenues (think of the formula for sales: price times quantity). If the increase in price is decoupled from an increase in product or operating costs, then the hike also helps to boost margins – thus profits as well.\nHowever, “holding all else constant” is not how the world really works. A change in price tends to have an impact on a few key variables, most important of which is demand. If higher prices do not impact units sold by much or at all, this is great news for revenues and, most likely, earnings.\nThe other piece to consider is whether the price hike fully or only partially offsets higher costs. Assuming the latter, revenues can still benefit without a corresponding positive effect on margins and profits. The complexity presented by the many moving parts makes it hard to determine with certainty how a more expensive iPhone may impact Apple’s financial statements in the future.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":2894,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":819554795,"gmtCreate":1630079713517,"gmtModify":1676530220482,"author":{"id":"4087632630520920","authorId":"4087632630520920","name":"mintcookie","avatar":"https://static.tigerbbs.com/5a506061d4a1502e786b64e0a9a943f1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087632630520920","idStr":"4087632630520920"},"themes":[],"htmlText":"Oh","listText":"Oh","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/819554795","repostId":"1123342356","repostType":4,"isVote":1,"tweetType":1,"viewCount":1063,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":837439280,"gmtCreate":1629903883840,"gmtModify":1676530168855,"author":{"id":"4087632630520920","authorId":"4087632630520920","name":"mintcookie","avatar":"https://static.tigerbbs.com/5a506061d4a1502e786b64e0a9a943f1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087632630520920","idStr":"4087632630520920"},"themes":[],"htmlText":"Oh","listText":"Oh","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/837439280","repostId":"1148011558","repostType":4,"repost":{"id":"1148011558","kind":"news","pubTimestamp":1629902594,"share":"https://ttm.financial/m/news/1148011558?lang=en_US&edition=fundamental","pubTime":"2021-08-25 22:43","market":"us","language":"en","title":"CrowdStrike: Not Just Any Cybersecurity Company","url":"https://stock-news.laohu8.com/highlight/detail?id=1148011558","media":"Seeking Alpha","summary":"Summary\n\nCybersecurity is one of the most important aspects in the digital world, gaining more and m","content":"<p><b>Summary</b></p>\n<ul>\n <li>Cybersecurity is one of the most important aspects in the digital world, gaining more and more significance with weekly new breaches.</li>\n <li>CrowdStrike says goodbye to reactive antivirus and offers only a pro-active Indicator of Attack Solution. I explain in detail what this means.</li>\n <li>CrowdStrike is the most mature new-gen cybersecurity company leaving its competition far behind in maturity and reputation in the new-age world.</li>\n <li>CrowdStrike is expensive, but investors can profit if they maintain a long-term view.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7c6aec1f150eb5e8ada2bd309de812f8\" tg-width=\"768\" tg-height=\"480\" width=\"100%\" height=\"auto\"><span>mdegrood/iStock via Getty Images</span></p>\n<p>One of my readers asked me to take a deeper look into CrowdStrike (CRWD), and luckily I've been reading a lot about them lately.</p>\n<p>Cybersecurity is one if not the most important aspects for IT departments these days. Every month or even week, we hear stories about hackers infecting companies.</p>\n<p>Here is a list of the largest hacks of 2021 (with sources):</p>\n<ol>\n <li>Kia Motors- Hacked with Ransomware - Demand ~$20m</li>\n <li>CD Project- Hacked with Ransomware - Refuse to pay the ransom - financial damage due to workers inability to access internal documents and resources -&gt; High</li>\n <li>AXA- Hacked with Ransomware (after stopping to reimburse clients for ransomware attacks :D) - 3TB of data Stolen</li>\n <li>JBS Foods- Hacked with Ransomware - Hacker group REvil - JBS paid $11m in Bitcoin - Largest paid ransom to that date. Shutdown damage not included.</li>\n</ol>\n<p>These are just a few of the hacks that happened in 2021. The list for 2021 is long and ongoing. YoY growth in monetary damage, meaning the amount of money paid by companies and individuals to receive access to their data, is extremely high.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/70cbf321b3334784058a05e70fefbd8c\" tg-width=\"640\" tg-height=\"395\" width=\"100%\" height=\"auto\"><span>Chart by author, Data fromStatista</span></p>\n<p>Monetary damage doesn't include the economic damage by not having access to data or data being leaked to other countries or competitors.</p>\n<p>According to&nbsp;Cybersecurity Ventures, cybercrime is expected to induce $6 trillion in damage annually by 2021. There is a huge monetary incentive for hackers globally to continue with their ransom and malware attacks. The risk-reward balance tilts strongly towards the reward side for hackers.</p>\n<p><b>Thesis</b></p>\n<p>CrowdStrike provides security measures to stop a virus before initiating the processes required to infect the host computer and network.</p>\n<p>CrowdStrike's total addressable market - TAM - is expanding YoY with new product offerings, new breaches and hacks, home office expansion, IoT, and much more.</p>\n<p>I'm bullish on CrowdStrike over the next 5 years as its next-generation antivirus (NGAV) technology is an effective way to stop viruses from breaching networks and companies' IT infrastructures. CrowdStrike has the first-mover advantage, a mature platform, and an excellent and strong reputation throughout the industry.</p>\n<p>CrowdStrike is cloud-native, which means that it is scalable, adaptable, and gains through a network effect. Each new node and potential breach within a node helps strengthen the network by sharing information about the virus, strengthening its first-mover advantage in the market.</p>\n<p><b>How does CrowdStrike work?</b></p>\n<p>When investing in a high-growth company, I make sure to understand how its offerings differentiate from existing technologies within the industry and why they solve their customers' problems better than their competitors.</p>\n<p>First, we must understand the difference between the Indicator of Compromise - IoC - and the Indicator of Attack - IoA.</p>\n<p>An IoC is a post-infection indicator. That means that after a virus has been installed, the antivirus program scans files and documents for known virus signatures (like we do with the PCR tests and Covid-19) and then quarantines the files and deletes them.</p>\n<p>That's not what CrowdStrike specializes in.CrowdStrike focuses on IoA.</p>\n<p>IoA scans for suspicious processes that are started in the background by malicious files. Let's understand what this means.</p>\n<p>There are many types of viruses - malware, ransomware, phishing, spear-phishing... There are also endless versions of these viruses. An antivirus program will have a hard time finding each new iteration because manipulating the virus in some sort changes the file's hash (signature of the virus), making it impossible for IoCs to find the virus. But all viruses have things in common.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b00527a719e98d68b0657b9b2cea0901\" tg-width=\"612\" tg-height=\"184\" width=\"100%\" height=\"auto\"><span>IoC vs. IoA - reactive vs. proactive - Source:CrowdStrike</span></p>\n<p>Any virus must execute processes, which results in patterns. The virus can change its face, color, size, but it must execute and run code in some distinguishable way. For example, many viruses alter Window registry keys, create new users, or start encryption processes on the host.</p>\n<p>CrowdStrike stops the virus in its tracks. Below is an example of how the Falcon Sensor executes.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e4d02bc55a2843c84cde9d9797acd2c3\" tg-width=\"640\" tg-height=\"399\" width=\"100%\" height=\"auto\"><span>CrowdStrike Falcon in Action malware prevention based on behavior.YouTube</span></p>\n<p>The host, in this case, a virtual machine - VM - by CrowdStrike. The user clicked on a malicious file, and the virus begins to \"install\" itself. The Falcon sensor detects if something in the background is initiating processes that indicate suspicious activity and stops those processes from executing.</p>\n<p>That's the distinguishing factor for CrowdStrike.</p>\n<p>CrowdStrike's EPP is cloud-native and gains from the network effect. The more nodes connect to its platform, the more secure it becomes by training the AI model with process signatures of new viruses.</p>\n<p><img src=\"https://static.tigerbbs.com/0977994bb6cc4510cdb52337742c9734\" tg-width=\"1280\" tg-height=\"1024\" width=\"100%\" height=\"auto\"></p>\n<p>CrowdStrike combines AI with its Indicator of Attack approach and scales it up in its cloud. The cloud helps train the virus-threat model from endless endpoints.</p>\n<p>Based on statements from CrowdStrike, none of its customers has yet experienced a breach while using its sensors, and CrowdStrike is confident enough in its NGAV that it provides a&nbsp;$1 million warranty&nbsp;if a breach happens.</p>\n<p><b>Competition</b></p>\n<p>CrowdStrike's largest market is the endpoint protection platform - EPP. Within this segment, CrowdStrike is competing with many companies like Microsoft (MSFT), Trend Micro(OTCPK:TMICF)(OTCPK:TMICY), SentinelOne(NYSE:S), or McAfee(NASDAQ:MCFE).</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/319e77e2cb361294371b4ff4d5074b91\" tg-width=\"570\" tg-height=\"592\" width=\"100%\" height=\"auto\"><span>Source:Gartner Magic Quadrant for Endpoint Protection Platforms</span></p>\n<p>In terms of EPP, CrowdStrike is pretty much in a league of itself.</p>\n<p>The only negative 'real' negative with CrowdStrike is that they are very secretive about their detection logic. There is no way for IT personnel to look into the Falcon sensor and the logic behind it.</p>\n<p>Other EPPs like TrendMicro or SentinelOne score highly in the quadrant but lack against CrowdStrike in scale and maturity.</p>\n<p>SentinelOne is one of CrowdStrike's closest competitors and&nbsp;boasts a much better&nbsp;technology than CrowdStrike. This is two-sided as CrowdStrike&nbsp;pushes back against SentinelOne, calling them 'outdated.'</p>\n<p>SentinelOne is focused on a completely AI-driven security approach. Removing the human aspect from resolving breaches to a larger extent than CrowdStrike.</p>\n<p>Nevertheless, the difference between the platforms is small.</p>\n<p>CrowdStrike is more mature than SentinelOne, and its offerings are more scalable SentinelOne's. CrowdStrike's platform is easier to use, deploy, and has a solid reputation (source1,source2,source3).</p>\n<p>IT personnel deciding on either one of these AVs wouldn't harm their company.</p>\n<p><b>Valuation</b></p>\n<p>CrowdStrike is expensive, no question about it. It's definitely not the value investment I usually cover, like&nbsp;KLAC,SWKS, or&nbsp;QRVO.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/66028ec453a5dbfa0d874e98df65d499\" tg-width=\"635\" tg-height=\"433\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p>\n<p>CrowdStrike is trading at a 53 price to sales ratio and a forward EV to sales of 38. CrowdStrike is a fast-growing company in an expanding market.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9e7a3f611dd2ebdec4bf08cf2aefd4ab\" tg-width=\"589\" tg-height=\"364\" width=\"100%\" height=\"auto\"><span>Chart by author, Data from CrowdStrike Quarterly reports</span></p>\n<p>The scale and maturity of CrowdStrike are clearly visible as it's the first choice among the largest companies in the world. That translates into revenue growth and customer retention rates above 100%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bfd887db2b9e38910791e999d8696429\" tg-width=\"640\" tg-height=\"324\" width=\"100%\" height=\"auto\"><span>Source: CrowdStrike Corporate OverviewPresentation</span></p>\n<p>That means that CrowdStrike is not only acquiring more customers but that existing customers pay more for more of CrowdStrike's services. That's a really, really good situation for an as-a-Service company.</p>\n<p>CrowdStrike's TAM is expanding YoY from multiple sources like Cloud, IoT, home office.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/438ec1c32df8f3239a04a5f93775dc19\" tg-width=\"1280\" tg-height=\"720\" width=\"100%\" height=\"auto\"><span>Source: CrowdStrike Corporate OverviewPresentation</span></p>\n<p>I find CrowdStrike's own TAM projections rather conservative. Believing the statements from large research companies like Gartner or IDC, cybersecurity expenditures of companies are likely to increase significantly (source1,source2,source).</p>\n<p>Gartner estimates the size of the cybersecurity market to be $150bn in 2021 with a 12.4% CAGR over the next 5 years. The breakdown is below.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f2266da9e98fa9f2ed6c1f19135b2ebc\" tg-width=\"775\" tg-height=\"620\" width=\"100%\" height=\"auto\"><span>Gartner ForecastWorldwide Security</span></p>\n<p>CrowdStrike is not only profiting from an expanding market, but it's also pulling customers from competitors within the antivirus market.</p>\n<p>More and more companies switch towards IoA next-gen antivirus companies.</p>\n<p>CrowdStrike is the top choice among its competitors.</p>\n<p><b>Is the valuation justified?</b></p>\n<p>Comparing CrowdStrike with other high-growth IT companies like SentinelOne, Cloudflare (NET), or ZScaler (ZS), we find CrowdStrike between those. CrowdStrike's Gross Margin is 74%, just below ZS's 77.5% and NET's 76.78%, and well above Sentinel's 55%.</p>\n<p>CrowdStrike has strong pricing power, which translates into the best GAAP net margins. CrowdStrike is the only company that operates profitably when looking at its non-GAAP numbers.</p>\n<p>SentinelOne has to push its prices down to remain competitive and balance the immaturity of its platform.</p>\n<p>CrowdStrike has the largest market cap with $53bn and boasts a sales growth of 77% against ZS's and NET's 54% and 52%. SentinelOne has a higher sales growth rate of 100% but only 1/10th of CrowdStrike's revenue.</p>\n<p><b>Investor's Takeaway</b></p>\n<p>CrowdStrike is not just any antivirus company in a crowded cybersecurity market. It's<i>the</i>cybersecurity company in the market.</p>\n<p>CrowdStrike built a strong reputation with excellent reviews among IT experts, calling it the top-choice in cybersecurity. Gartner positions CrowdStrike above any other EPP in its magic quadrant.</p>\n<p>CrowdStrike is definitely not a value-play and requires conviction to buy and hold at these prices for the next 3-5 years.</p>\n<p>On the other hand, it wouldn't surprise me a bit if CrowdStrike can double, triple, or even quadruple its revenue over the next 3-5 years. As it's very common for high-growth companies, the share price is largely determined by the companies' sales growth in these early stages.</p>\n<p>Many sources are depicting a high correlation between sales growth and share price increase.Aswath Damodarandiscussed this topic in detail for Amazon in 2000 in thispaper.</p>\n<p>One of my Seeking Alpha colleagues,From Growth To Value, discussed this topic in his latest article aboutFiverr, including this chart.</p>\n<p>BCG showed that valuation correlates the strongest with revenue growth in the long term, especially for high-growth companies.</p>\n<p>CrowdStrike will likely experience a multiples contraction, but its revenue expansion will more than outperform that contraction, providing investors with a return on their investment.</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>CrowdStrike: Not Just Any Cybersecurity Company</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\">\nCrowdStrike: Not Just Any Cybersecurity Company\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-25 22:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4451592-crowdstrike-not-just-any-cybersecurity><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nCybersecurity is one of the most important aspects in the digital world, gaining more and more significance with weekly new breaches.\nCrowdStrike says goodbye to reactive antivirus and offers...</p>\n\n<a href=\"https://seekingalpha.com/article/4451592-crowdstrike-not-just-any-cybersecurity\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CRWD":"CrowdStrike Holdings, Inc."},"source_url":"https://seekingalpha.com/article/4451592-crowdstrike-not-just-any-cybersecurity","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148011558","content_text":"Summary\n\nCybersecurity is one of the most important aspects in the digital world, gaining more and more significance with weekly new breaches.\nCrowdStrike says goodbye to reactive antivirus and offers only a pro-active Indicator of Attack Solution. I explain in detail what this means.\nCrowdStrike is the most mature new-gen cybersecurity company leaving its competition far behind in maturity and reputation in the new-age world.\nCrowdStrike is expensive, but investors can profit if they maintain a long-term view.\n\nmdegrood/iStock via Getty Images\nOne of my readers asked me to take a deeper look into CrowdStrike (CRWD), and luckily I've been reading a lot about them lately.\nCybersecurity is one if not the most important aspects for IT departments these days. Every month or even week, we hear stories about hackers infecting companies.\nHere is a list of the largest hacks of 2021 (with sources):\n\nKia Motors- Hacked with Ransomware - Demand ~$20m\nCD Project- Hacked with Ransomware - Refuse to pay the ransom - financial damage due to workers inability to access internal documents and resources -> High\nAXA- Hacked with Ransomware (after stopping to reimburse clients for ransomware attacks :D) - 3TB of data Stolen\nJBS Foods- Hacked with Ransomware - Hacker group REvil - JBS paid $11m in Bitcoin - Largest paid ransom to that date. Shutdown damage not included.\n\nThese are just a few of the hacks that happened in 2021. The list for 2021 is long and ongoing. YoY growth in monetary damage, meaning the amount of money paid by companies and individuals to receive access to their data, is extremely high.\nChart by author, Data fromStatista\nMonetary damage doesn't include the economic damage by not having access to data or data being leaked to other countries or competitors.\nAccording to Cybersecurity Ventures, cybercrime is expected to induce $6 trillion in damage annually by 2021. There is a huge monetary incentive for hackers globally to continue with their ransom and malware attacks. The risk-reward balance tilts strongly towards the reward side for hackers.\nThesis\nCrowdStrike provides security measures to stop a virus before initiating the processes required to infect the host computer and network.\nCrowdStrike's total addressable market - TAM - is expanding YoY with new product offerings, new breaches and hacks, home office expansion, IoT, and much more.\nI'm bullish on CrowdStrike over the next 5 years as its next-generation antivirus (NGAV) technology is an effective way to stop viruses from breaching networks and companies' IT infrastructures. CrowdStrike has the first-mover advantage, a mature platform, and an excellent and strong reputation throughout the industry.\nCrowdStrike is cloud-native, which means that it is scalable, adaptable, and gains through a network effect. Each new node and potential breach within a node helps strengthen the network by sharing information about the virus, strengthening its first-mover advantage in the market.\nHow does CrowdStrike work?\nWhen investing in a high-growth company, I make sure to understand how its offerings differentiate from existing technologies within the industry and why they solve their customers' problems better than their competitors.\nFirst, we must understand the difference between the Indicator of Compromise - IoC - and the Indicator of Attack - IoA.\nAn IoC is a post-infection indicator. That means that after a virus has been installed, the antivirus program scans files and documents for known virus signatures (like we do with the PCR tests and Covid-19) and then quarantines the files and deletes them.\nThat's not what CrowdStrike specializes in.CrowdStrike focuses on IoA.\nIoA scans for suspicious processes that are started in the background by malicious files. Let's understand what this means.\nThere are many types of viruses - malware, ransomware, phishing, spear-phishing... There are also endless versions of these viruses. An antivirus program will have a hard time finding each new iteration because manipulating the virus in some sort changes the file's hash (signature of the virus), making it impossible for IoCs to find the virus. But all viruses have things in common.\nIoC vs. IoA - reactive vs. proactive - Source:CrowdStrike\nAny virus must execute processes, which results in patterns. The virus can change its face, color, size, but it must execute and run code in some distinguishable way. For example, many viruses alter Window registry keys, create new users, or start encryption processes on the host.\nCrowdStrike stops the virus in its tracks. Below is an example of how the Falcon Sensor executes.\nCrowdStrike Falcon in Action malware prevention based on behavior.YouTube\nThe host, in this case, a virtual machine - VM - by CrowdStrike. The user clicked on a malicious file, and the virus begins to \"install\" itself. The Falcon sensor detects if something in the background is initiating processes that indicate suspicious activity and stops those processes from executing.\nThat's the distinguishing factor for CrowdStrike.\nCrowdStrike's EPP is cloud-native and gains from the network effect. The more nodes connect to its platform, the more secure it becomes by training the AI model with process signatures of new viruses.\n\nCrowdStrike combines AI with its Indicator of Attack approach and scales it up in its cloud. The cloud helps train the virus-threat model from endless endpoints.\nBased on statements from CrowdStrike, none of its customers has yet experienced a breach while using its sensors, and CrowdStrike is confident enough in its NGAV that it provides a $1 million warranty if a breach happens.\nCompetition\nCrowdStrike's largest market is the endpoint protection platform - EPP. Within this segment, CrowdStrike is competing with many companies like Microsoft (MSFT), Trend Micro(OTCPK:TMICF)(OTCPK:TMICY), SentinelOne(NYSE:S), or McAfee(NASDAQ:MCFE).\nSource:Gartner Magic Quadrant for Endpoint Protection Platforms\nIn terms of EPP, CrowdStrike is pretty much in a league of itself.\nThe only negative 'real' negative with CrowdStrike is that they are very secretive about their detection logic. There is no way for IT personnel to look into the Falcon sensor and the logic behind it.\nOther EPPs like TrendMicro or SentinelOne score highly in the quadrant but lack against CrowdStrike in scale and maturity.\nSentinelOne is one of CrowdStrike's closest competitors and boasts a much better technology than CrowdStrike. This is two-sided as CrowdStrike pushes back against SentinelOne, calling them 'outdated.'\nSentinelOne is focused on a completely AI-driven security approach. Removing the human aspect from resolving breaches to a larger extent than CrowdStrike.\nNevertheless, the difference between the platforms is small.\nCrowdStrike is more mature than SentinelOne, and its offerings are more scalable SentinelOne's. CrowdStrike's platform is easier to use, deploy, and has a solid reputation (source1,source2,source3).\nIT personnel deciding on either one of these AVs wouldn't harm their company.\nValuation\nCrowdStrike is expensive, no question about it. It's definitely not the value investment I usually cover, like KLAC,SWKS, or QRVO.\nData by YCharts\nCrowdStrike is trading at a 53 price to sales ratio and a forward EV to sales of 38. CrowdStrike is a fast-growing company in an expanding market.\nChart by author, Data from CrowdStrike Quarterly reports\nThe scale and maturity of CrowdStrike are clearly visible as it's the first choice among the largest companies in the world. That translates into revenue growth and customer retention rates above 100%.\nSource: CrowdStrike Corporate OverviewPresentation\nThat means that CrowdStrike is not only acquiring more customers but that existing customers pay more for more of CrowdStrike's services. That's a really, really good situation for an as-a-Service company.\nCrowdStrike's TAM is expanding YoY from multiple sources like Cloud, IoT, home office.\nSource: CrowdStrike Corporate OverviewPresentation\nI find CrowdStrike's own TAM projections rather conservative. Believing the statements from large research companies like Gartner or IDC, cybersecurity expenditures of companies are likely to increase significantly (source1,source2,source).\nGartner estimates the size of the cybersecurity market to be $150bn in 2021 with a 12.4% CAGR over the next 5 years. The breakdown is below.\nGartner ForecastWorldwide Security\nCrowdStrike is not only profiting from an expanding market, but it's also pulling customers from competitors within the antivirus market.\nMore and more companies switch towards IoA next-gen antivirus companies.\nCrowdStrike is the top choice among its competitors.\nIs the valuation justified?\nComparing CrowdStrike with other high-growth IT companies like SentinelOne, Cloudflare (NET), or ZScaler (ZS), we find CrowdStrike between those. CrowdStrike's Gross Margin is 74%, just below ZS's 77.5% and NET's 76.78%, and well above Sentinel's 55%.\nCrowdStrike has strong pricing power, which translates into the best GAAP net margins. CrowdStrike is the only company that operates profitably when looking at its non-GAAP numbers.\nSentinelOne has to push its prices down to remain competitive and balance the immaturity of its platform.\nCrowdStrike has the largest market cap with $53bn and boasts a sales growth of 77% against ZS's and NET's 54% and 52%. SentinelOne has a higher sales growth rate of 100% but only 1/10th of CrowdStrike's revenue.\nInvestor's Takeaway\nCrowdStrike is not just any antivirus company in a crowded cybersecurity market. It'sthecybersecurity company in the market.\nCrowdStrike built a strong reputation with excellent reviews among IT experts, calling it the top-choice in cybersecurity. Gartner positions CrowdStrike above any other EPP in its magic quadrant.\nCrowdStrike is definitely not a value-play and requires conviction to buy and hold at these prices for the next 3-5 years.\nOn the other hand, it wouldn't surprise me a bit if CrowdStrike can double, triple, or even quadruple its revenue over the next 3-5 years. As it's very common for high-growth companies, the share price is largely determined by the companies' sales growth in these early stages.\nMany sources are depicting a high correlation between sales growth and share price increase.Aswath Damodarandiscussed this topic in detail for Amazon in 2000 in thispaper.\nOne of my Seeking Alpha colleagues,From Growth To Value, discussed this topic in his latest article aboutFiverr, including this chart.\nBCG showed that valuation correlates the strongest with revenue growth in the long term, especially for high-growth companies.\nCrowdStrike will likely experience a multiples contraction, but its revenue expansion will more than outperform that contraction, providing investors with a return on their investment.","news_type":1,"symbols_score_info":{"CRWD":0.9}},"isVote":1,"tweetType":1,"viewCount":996,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":834434395,"gmtCreate":1629817887817,"gmtModify":1676530141926,"author":{"id":"4087632630520920","authorId":"4087632630520920","name":"mintcookie","avatar":"https://static.tigerbbs.com/5a506061d4a1502e786b64e0a9a943f1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087632630520920","idStr":"4087632630520920"},"themes":[],"htmlText":"Oh","listText":"Oh","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/834434395","repostId":"1198660918","repostType":4,"repost":{"id":"1198660918","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":1629817436,"share":"https://ttm.financial/m/news/1198660918?lang=en_US&edition=fundamental","pubTime":"2021-08-24 23:03","market":"us","language":"en","title":"S&P 500, Nasdaq hit record highs on recovery optimism","url":"https://stock-news.laohu8.com/highlight/detail?id=1198660918","media":"Reuters","summary":"Aug 24 (Reuters) - The S&P 500 and Nasdaq hit record highs on Tuesday, boosted by oil and travel-rel","content":"<p>Aug 24 (Reuters) - The S&amp;P 500 and Nasdaq hit record highs on Tuesday, boosted by oil and travel-related stocks, after a full U.S. approval of a COVID-19 vaccine raised hopes of a quicker economic recovery.</p>\n<p>Seven of the 11 major S&amp;P sectors advanced in early trading, with energy(.SPNY), industrial(.SPLRCI)and financial(.SPSY)stocks building on Monday's gains after the U.S. FDA fully approved Pfizer's(PFE.N)COVID-19 vaccine.</p>\n<p>Cruise operators including Carnival Corp(CCL.N)rose more than 3%, while casino companies MGM Resorts(MGM.N)and Wynn Resorts(WYNN.O)added between 2.9% and 4.7% on hopes that the approval would increase U.S. vaccination rates and spark a stronger rebound in travel and leisure.</p>\n<p>The S&amp;P 1500 airlines index(.SPCOMAIR)rose 3.2%.</p>\n<p>A surge in COVID-19 infections caused by the highly contagious Delta variant has whipsawed Wall Street this month on concerns about a slowing economic recovery from the health crisis.</p>\n<p>Still, a strong earnings season and hopes that the Federal Reserve will maintain its ultra-loose monetary policy stance put the S&amp;P 500 on course for its seventh straight monthly gain, with a 2% rise so far in August.</p>\n<p>\"The market can continue to grind higher as long as earnings momentum continues to build. It accurately reflects the balance of risks that investors see right now,\" said Lauren Goodwin, economist and portfolio strategist at New York Life Investments.</p>\n<p>\"Despite some of the building concerns around Delta variant, the base case for many investors is that it will slow, not derail the economy.\"</p>\n<p>The Fed's annual Jackson Hole symposium later this week will be closely watched for Chair Jerome Powell's speech, which could offer clues on the central bank's policy-tightening timeline.</p>\n<p>At 10:34 a.m. ET, the Dow Jones Industrial Average(.DJI)rose 51.59 points, or 0.15% , to 35,387.30, the S&amp;P 500(.SPX)gained 10.69 points, or 0.24 %, to 4,490.22 and the Nasdaq Composite(.IXIC)gained 76.74 points, or 0.51%, to 15,019.40.</p>\n<p>Mega-cap growth names Apple Inc(AAPL.O), Amazon.com(AMZN.O)and Google-owner Alphabet Inc(GOOGL.O)rose 0.7% each.</p>\n<p>A rally in U.S.-listed Chinese technology stocks also boosted the Nasdaq, with Pinduoduo Inc(PDD.O)surging 17% after the e-commerce platform reported its first ever quarterly profit.read more</p>\n<p>Shares of JD.com also gained 10.6% a day after its results and on comments that the Chinese online retail giant does not expect any business impact from a wave of regulations hitting the industry at home.</p>\n<p>Best Buy Co Inc(BBY.N)gained 5.5% after it raised its full-year comparable sales forecast, as the electronics retailer expects demand to be resilient.</p>\n<p>Palo Alto Networks Inc(PANW.N)jumped 16% as brokerages raised their price targets on the stock after the cybersecurity firm forecast full year 2022 earnings above Wall Street's estimates.</p>\n<p>Advancing issues outnumbered decliners by a 2.4-to-1 ratio on the NYSE and by a 1.7-to-1 ratio on the Nasdaq.</p>\n<p>The S&amp;P 500 posted 23 new 52-week highs and one new low while the Nasdaq recorded 91 new highs and 43 new lows.</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 500, Nasdaq hit record highs on recovery optimism</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 500, Nasdaq hit record highs on recovery optimism\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-08-24 23:03</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Aug 24 (Reuters) - The S&amp;P 500 and Nasdaq hit record highs on Tuesday, boosted by oil and travel-related stocks, after a full U.S. approval of a COVID-19 vaccine raised hopes of a quicker economic recovery.</p>\n<p>Seven of the 11 major S&amp;P sectors advanced in early trading, with energy(.SPNY), industrial(.SPLRCI)and financial(.SPSY)stocks building on Monday's gains after the U.S. FDA fully approved Pfizer's(PFE.N)COVID-19 vaccine.</p>\n<p>Cruise operators including Carnival Corp(CCL.N)rose more than 3%, while casino companies MGM Resorts(MGM.N)and Wynn Resorts(WYNN.O)added between 2.9% and 4.7% on hopes that the approval would increase U.S. vaccination rates and spark a stronger rebound in travel and leisure.</p>\n<p>The S&amp;P 1500 airlines index(.SPCOMAIR)rose 3.2%.</p>\n<p>A surge in COVID-19 infections caused by the highly contagious Delta variant has whipsawed Wall Street this month on concerns about a slowing economic recovery from the health crisis.</p>\n<p>Still, a strong earnings season and hopes that the Federal Reserve will maintain its ultra-loose monetary policy stance put the S&amp;P 500 on course for its seventh straight monthly gain, with a 2% rise so far in August.</p>\n<p>\"The market can continue to grind higher as long as earnings momentum continues to build. It accurately reflects the balance of risks that investors see right now,\" said Lauren Goodwin, economist and portfolio strategist at New York Life Investments.</p>\n<p>\"Despite some of the building concerns around Delta variant, the base case for many investors is that it will slow, not derail the economy.\"</p>\n<p>The Fed's annual Jackson Hole symposium later this week will be closely watched for Chair Jerome Powell's speech, which could offer clues on the central bank's policy-tightening timeline.</p>\n<p>At 10:34 a.m. ET, the Dow Jones Industrial Average(.DJI)rose 51.59 points, or 0.15% , to 35,387.30, the S&amp;P 500(.SPX)gained 10.69 points, or 0.24 %, to 4,490.22 and the Nasdaq Composite(.IXIC)gained 76.74 points, or 0.51%, to 15,019.40.</p>\n<p>Mega-cap growth names Apple Inc(AAPL.O), Amazon.com(AMZN.O)and Google-owner Alphabet Inc(GOOGL.O)rose 0.7% each.</p>\n<p>A rally in U.S.-listed Chinese technology stocks also boosted the Nasdaq, with Pinduoduo Inc(PDD.O)surging 17% after the e-commerce platform reported its first ever quarterly profit.read more</p>\n<p>Shares of JD.com also gained 10.6% a day after its results and on comments that the Chinese online retail giant does not expect any business impact from a wave of regulations hitting the industry at home.</p>\n<p>Best Buy Co Inc(BBY.N)gained 5.5% after it raised its full-year comparable sales forecast, as the electronics retailer expects demand to be resilient.</p>\n<p>Palo Alto Networks Inc(PANW.N)jumped 16% as brokerages raised their price targets on the stock after the cybersecurity firm forecast full year 2022 earnings above Wall Street's estimates.</p>\n<p>Advancing issues outnumbered decliners by a 2.4-to-1 ratio on the NYSE and by a 1.7-to-1 ratio on the Nasdaq.</p>\n<p>The S&amp;P 500 posted 23 new 52-week highs and one new low while the Nasdaq recorded 91 new highs and 43 new lows.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1198660918","content_text":"Aug 24 (Reuters) - The S&P 500 and Nasdaq hit record highs on Tuesday, boosted by oil and travel-related stocks, after a full U.S. approval of a COVID-19 vaccine raised hopes of a quicker economic recovery.\nSeven of the 11 major S&P sectors advanced in early trading, with energy(.SPNY), industrial(.SPLRCI)and financial(.SPSY)stocks building on Monday's gains after the U.S. FDA fully approved Pfizer's(PFE.N)COVID-19 vaccine.\nCruise operators including Carnival Corp(CCL.N)rose more than 3%, while casino companies MGM Resorts(MGM.N)and Wynn Resorts(WYNN.O)added between 2.9% and 4.7% on hopes that the approval would increase U.S. vaccination rates and spark a stronger rebound in travel and leisure.\nThe S&P 1500 airlines index(.SPCOMAIR)rose 3.2%.\nA surge in COVID-19 infections caused by the highly contagious Delta variant has whipsawed Wall Street this month on concerns about a slowing economic recovery from the health crisis.\nStill, a strong earnings season and hopes that the Federal Reserve will maintain its ultra-loose monetary policy stance put the S&P 500 on course for its seventh straight monthly gain, with a 2% rise so far in August.\n\"The market can continue to grind higher as long as earnings momentum continues to build. It accurately reflects the balance of risks that investors see right now,\" said Lauren Goodwin, economist and portfolio strategist at New York Life Investments.\n\"Despite some of the building concerns around Delta variant, the base case for many investors is that it will slow, not derail the economy.\"\nThe Fed's annual Jackson Hole symposium later this week will be closely watched for Chair Jerome Powell's speech, which could offer clues on the central bank's policy-tightening timeline.\nAt 10:34 a.m. ET, the Dow Jones Industrial Average(.DJI)rose 51.59 points, or 0.15% , to 35,387.30, the S&P 500(.SPX)gained 10.69 points, or 0.24 %, to 4,490.22 and the Nasdaq Composite(.IXIC)gained 76.74 points, or 0.51%, to 15,019.40.\nMega-cap growth names Apple Inc(AAPL.O), Amazon.com(AMZN.O)and Google-owner Alphabet Inc(GOOGL.O)rose 0.7% each.\nA rally in U.S.-listed Chinese technology stocks also boosted the Nasdaq, with Pinduoduo Inc(PDD.O)surging 17% after the e-commerce platform reported its first ever quarterly profit.read more\nShares of JD.com also gained 10.6% a day after its results and on comments that the Chinese online retail giant does not expect any business impact from a wave of regulations hitting the industry at home.\nBest Buy Co Inc(BBY.N)gained 5.5% after it raised its full-year comparable sales forecast, as the electronics retailer expects demand to be resilient.\nPalo Alto Networks Inc(PANW.N)jumped 16% as brokerages raised their price targets on the stock after the cybersecurity firm forecast full year 2022 earnings above Wall Street's estimates.\nAdvancing issues outnumbered decliners by a 2.4-to-1 ratio on the NYSE and by a 1.7-to-1 ratio on the Nasdaq.\nThe S&P 500 posted 23 new 52-week highs and one new low while the Nasdaq recorded 91 new highs and 43 new lows.","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":993,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":835425136,"gmtCreate":1629733686225,"gmtModify":1676530116645,"author":{"id":"4087632630520920","authorId":"4087632630520920","name":"mintcookie","avatar":"https://static.tigerbbs.com/5a506061d4a1502e786b64e0a9a943f1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087632630520920","idStr":"4087632630520920"},"themes":[],"htmlText":"Oh","listText":"Oh","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/835425136","repostId":"1188170445","repostType":4,"isVote":1,"tweetType":1,"viewCount":1003,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":832504676,"gmtCreate":1629647860095,"gmtModify":1676530085770,"author":{"id":"4087632630520920","authorId":"4087632630520920","name":"mintcookie","avatar":"https://static.tigerbbs.com/5a506061d4a1502e786b64e0a9a943f1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087632630520920","idStr":"4087632630520920"},"themes":[],"htmlText":"Oh","listText":"Oh","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/832504676","repostId":"2161374148","repostType":4,"isVote":1,"tweetType":1,"viewCount":1058,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":836749455,"gmtCreate":1629529383077,"gmtModify":1676530066643,"author":{"id":"4087632630520920","authorId":"4087632630520920","name":"mintcookie","avatar":"https://static.tigerbbs.com/5a506061d4a1502e786b64e0a9a943f1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087632630520920","idStr":"4087632630520920"},"themes":[],"htmlText":"Oh","listText":"Oh","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/836749455","repostId":"2161149745","repostType":4,"isVote":1,"tweetType":1,"viewCount":977,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":838616000,"gmtCreate":1629390624700,"gmtModify":1676530027444,"author":{"id":"4087632630520920","authorId":"4087632630520920","name":"mintcookie","avatar":"https://static.tigerbbs.com/5a506061d4a1502e786b64e0a9a943f1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087632630520920","idStr":"4087632630520920"},"themes":[],"htmlText":"Oh","listText":"Oh","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/838616000","repostId":"2160760167","repostType":4,"isVote":1,"tweetType":1,"viewCount":1090,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":833883940,"gmtCreate":1629215611980,"gmtModify":1676529970439,"author":{"id":"4087632630520920","authorId":"4087632630520920","name":"mintcookie","avatar":"https://static.tigerbbs.com/5a506061d4a1502e786b64e0a9a943f1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087632630520920","idStr":"4087632630520920"},"themes":[],"htmlText":"Oh","listText":"Oh","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/833883940","repostId":"1115558959","repostType":4,"isVote":1,"tweetType":1,"viewCount":1137,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":830146228,"gmtCreate":1629036748564,"gmtModify":1676529914545,"author":{"id":"4087632630520920","authorId":"4087632630520920","name":"mintcookie","avatar":"https://static.tigerbbs.com/5a506061d4a1502e786b64e0a9a943f1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087632630520920","idStr":"4087632630520920"},"themes":[],"htmlText":"Oh","listText":"Oh","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/830146228","repostId":"2159321288","repostType":4,"repost":{"id":"2159321288","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1628990553,"share":"https://ttm.financial/m/news/2159321288?lang=en_US&edition=fundamental","pubTime":"2021-08-15 09:22","market":"us","language":"en","title":"Why Regulatory Risk Is A Silver Lining For Apple And Google","url":"https://stock-news.laohu8.com/highlight/detail?id=2159321288","media":"Benzinga","summary":"The threat of regulation has been looming over big tech giants such as Apple Inc. (NASDAQ: AAPL) and","content":"<p>The threat of regulation has been looming over big tech giants such as <b>Apple Inc. </b>(NASDAQ: AAPL) and <b>Alphabet Inc. </b>(NASDAQ: GOOGL) (NASDAQ: GOOG) over the past three years.</p>\n<p>With a bill seeking broader changes in the way Apple and Google operate their respective app stores introduced this week, Loup Funds Managing Partner Gene Munster offered his take on what is in store for these companies.</p>\n<p><b>What the New Legislation Is All About: </b> The changes proposed by the legislation calls for allowing third-party app stores with the App Store and Google Play store, Munster noted. Both companies are also called to allow app developers to explicitly advertise within apps, so that consumers can subscribe and make purchases outside of the App Store or the Google Play Store, he added.</p>\n<p>This will help avoiding the 30% take rate on in-app purchases, the analyst said.</p>\n<p>The proposed bill will have to be approved by the House and Senate before becoming law, Munster said.</p>\n<p><b>Regulation Not Automatically Negative: </b> The end result of regulation is not automatically negative for big tech, given unintended consequences often occur when incentives change, Munster said.</p>\n<p>Even if Apple buckles under pressure and reduces its take rate from 30% to 10% - a possibility which is unlikely – it could still make more money ultimately, the analyst said. A reduction in fees will likely spur greater growth in the app development ecosystem, he added.</p>\n<p>Apple and Google, according to the analyst, have the stronger case, given they created their mobile app stores and are responsible for maintaining them, the analyst said. They, therefore, should have control over how things are curated and distributed within the stores, he added.</p>\n<p>Additionally, opening the iPhone to third-party app stores, the analyst said, will weaken security and privacy, thereby harming consumers.</p>\n<p><b>Munster's Take On Potential Regulation: </b> The likelihood of radical regulation as low, Munster said. If any regulations do&nbsp;materialize, the most likely outcome is that Apple and Google will be forced to remove their anti-steering clauses, thereby allowing publishers to advertise payment options outside of the default in-app payment systems, the analyst said.</p>\n<p>\"This would have limited impact on consumer app store engagement given the easiest way to manage app spending will be to remain inside the respective walled gardens,\" the analyst concluded.</p>\n<p>Apple closed Friday's session down 0.14% at $149.10 and Google ended nearly flat at $2,768.12.</p>\n<p>Latest Ratings for AAPL</p>\n<table>\n <tbody>\n  <tr>\n   <th>Date</th>\n   <th>Firm</th>\n   <th>Action</th>\n   <th>From</th>\n   <th>To</th>\n  </tr>\n </tbody>\n <tbody>\n  <tr>\n   <td>Jul 2021</td>\n   <td>Loop Capital</td>\n   <td>Maintains</td>\n   <td></td>\n   <td>Buy</td>\n  </tr>\n  <tr>\n   <td>Jul 2021</td>\n   <td>Deutsche Bank</td>\n   <td>Maintains</td>\n   <td></td>\n   <td>Buy</td>\n  </tr>\n  <tr>\n   <td>Jul 2021</td>\n   <td>Piper Sandler</td>\n   <td>Maintains</td>\n   <td></td>\n   <td>Overweight</td>\n  </tr>\n </tbody>\n</table>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Regulatory Risk Is A Silver Lining For Apple And Google</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\">\nWhy Regulatory Risk Is A Silver Lining For Apple And Google\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-08-15 09:22</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>The threat of regulation has been looming over big tech giants such as <b>Apple Inc. </b>(NASDAQ: AAPL) and <b>Alphabet Inc. </b>(NASDAQ: GOOGL) (NASDAQ: GOOG) over the past three years.</p>\n<p>With a bill seeking broader changes in the way Apple and Google operate their respective app stores introduced this week, Loup Funds Managing Partner Gene Munster offered his take on what is in store for these companies.</p>\n<p><b>What the New Legislation Is All About: </b> The changes proposed by the legislation calls for allowing third-party app stores with the App Store and Google Play store, Munster noted. Both companies are also called to allow app developers to explicitly advertise within apps, so that consumers can subscribe and make purchases outside of the App Store or the Google Play Store, he added.</p>\n<p>This will help avoiding the 30% take rate on in-app purchases, the analyst said.</p>\n<p>The proposed bill will have to be approved by the House and Senate before becoming law, Munster said.</p>\n<p><b>Regulation Not Automatically Negative: </b> The end result of regulation is not automatically negative for big tech, given unintended consequences often occur when incentives change, Munster said.</p>\n<p>Even if Apple buckles under pressure and reduces its take rate from 30% to 10% - a possibility which is unlikely – it could still make more money ultimately, the analyst said. A reduction in fees will likely spur greater growth in the app development ecosystem, he added.</p>\n<p>Apple and Google, according to the analyst, have the stronger case, given they created their mobile app stores and are responsible for maintaining them, the analyst said. They, therefore, should have control over how things are curated and distributed within the stores, he added.</p>\n<p>Additionally, opening the iPhone to third-party app stores, the analyst said, will weaken security and privacy, thereby harming consumers.</p>\n<p><b>Munster's Take On Potential Regulation: </b> The likelihood of radical regulation as low, Munster said. If any regulations do&nbsp;materialize, the most likely outcome is that Apple and Google will be forced to remove their anti-steering clauses, thereby allowing publishers to advertise payment options outside of the default in-app payment systems, the analyst said.</p>\n<p>\"This would have limited impact on consumer app store engagement given the easiest way to manage app spending will be to remain inside the respective walled gardens,\" the analyst concluded.</p>\n<p>Apple closed Friday's session down 0.14% at $149.10 and Google ended nearly flat at $2,768.12.</p>\n<p>Latest Ratings for AAPL</p>\n<table>\n <tbody>\n  <tr>\n   <th>Date</th>\n   <th>Firm</th>\n   <th>Action</th>\n   <th>From</th>\n   <th>To</th>\n  </tr>\n </tbody>\n <tbody>\n  <tr>\n   <td>Jul 2021</td>\n   <td>Loop Capital</td>\n   <td>Maintains</td>\n   <td></td>\n   <td>Buy</td>\n  </tr>\n  <tr>\n   <td>Jul 2021</td>\n   <td>Deutsche Bank</td>\n   <td>Maintains</td>\n   <td></td>\n   <td>Buy</td>\n  </tr>\n  <tr>\n   <td>Jul 2021</td>\n   <td>Piper Sandler</td>\n   <td>Maintains</td>\n   <td></td>\n   <td>Overweight</td>\n  </tr>\n </tbody>\n</table>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOGL":"谷歌A","GOOG":"谷歌","AAPL":"苹果"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2159321288","content_text":"The threat of regulation has been looming over big tech giants such as Apple Inc. (NASDAQ: AAPL) and Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOG) over the past three years.\nWith a bill seeking broader changes in the way Apple and Google operate their respective app stores introduced this week, Loup Funds Managing Partner Gene Munster offered his take on what is in store for these companies.\nWhat the New Legislation Is All About:  The changes proposed by the legislation calls for allowing third-party app stores with the App Store and Google Play store, Munster noted. Both companies are also called to allow app developers to explicitly advertise within apps, so that consumers can subscribe and make purchases outside of the App Store or the Google Play Store, he added.\nThis will help avoiding the 30% take rate on in-app purchases, the analyst said.\nThe proposed bill will have to be approved by the House and Senate before becoming law, Munster said.\nRegulation Not Automatically Negative:  The end result of regulation is not automatically negative for big tech, given unintended consequences often occur when incentives change, Munster said.\nEven if Apple buckles under pressure and reduces its take rate from 30% to 10% - a possibility which is unlikely – it could still make more money ultimately, the analyst said. A reduction in fees will likely spur greater growth in the app development ecosystem, he added.\nApple and Google, according to the analyst, have the stronger case, given they created their mobile app stores and are responsible for maintaining them, the analyst said. They, therefore, should have control over how things are curated and distributed within the stores, he added.\nAdditionally, opening the iPhone to third-party app stores, the analyst said, will weaken security and privacy, thereby harming consumers.\nMunster's Take On Potential Regulation:  The likelihood of radical regulation as low, Munster said. If any regulations do materialize, the most likely outcome is that Apple and Google will be forced to remove their anti-steering clauses, thereby allowing publishers to advertise payment options outside of the default in-app payment systems, the analyst said.\n\"This would have limited impact on consumer app store engagement given the easiest way to manage app spending will be to remain inside the respective walled gardens,\" the analyst concluded.\nApple closed Friday's session down 0.14% at $149.10 and Google ended nearly flat at $2,768.12.\nLatest Ratings for AAPL\n\n\n\nDate\nFirm\nAction\nFrom\nTo\n\n\n\n\nJul 2021\nLoop Capital\nMaintains\n\nBuy\n\n\nJul 2021\nDeutsche Bank\nMaintains\n\nBuy\n\n\nJul 2021\nPiper Sandler\nMaintains\n\nOverweight","news_type":1,"symbols_score_info":{"GOOGL":0.9,"GOOG":0.9,"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":821,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":897497307,"gmtCreate":1628954670709,"gmtModify":1676529899486,"author":{"id":"4087632630520920","authorId":"4087632630520920","name":"mintcookie","avatar":"https://static.tigerbbs.com/5a506061d4a1502e786b64e0a9a943f1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087632630520920","idStr":"4087632630520920"},"themes":[],"htmlText":"Oh","listText":"Oh","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/897497307","repostId":"1149823415","repostType":4,"repost":{"id":"1149823415","kind":"news","pubTimestamp":1628909753,"share":"https://ttm.financial/m/news/1149823415?lang=en_US&edition=fundamental","pubTime":"2021-08-14 10:55","market":"us","language":"en","title":"Where Will Virgin Galactic Stock Be In 10 Years?","url":"https://stock-news.laohu8.com/highlight/detail?id=1149823415","media":"seekingalpha","summary":"Summary\n\nVirgin Galactic fell more than 30% post-earnings as the market was disappointed with the \"d","content":"<p><b>Summary</b></p>\n<ul>\n <li>Virgin Galactic fell more than 30% post-earnings as the market was disappointed with the \"delay\" affecting the launch of its private commercial revenue service.</li>\n <li>However, we think the company's \"delay\" is necessary for it to rectify its supply constraints and meet the huge demand that the company is experiencing.</li>\n <li>We would also discuss in detail the company's long-term opportunities and threats, and what investors need to monitor moving forward.</li>\n <li>Lastly, we present our valuation arguments for long-term investors who are considering adding exposure to Virgin Galactic.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/00922c9874a28954c08c613b8dbf378b\" tg-width=\"768\" tg-height=\"493\" width=\"100%\" height=\"auto\"><span>Nastco/iStock via Getty Images</span></p>\n<p><b>Investment Thesis</b></p>\n<p>Back in May, when we published our previous article (link to article appendedhere) on Virgin Galactic (SPCE), we clearly highlighted that we think the Street's consensus has been too optimistic about Virgin Galactic's revenue estimates as we thought the projections overstated the market opportunity for suborbital space tourism over the next 10 years to a large extent, based on our research that consulted multiple sources, and we submitted a revised projection.</p>\n<p>Since then, the Street has revised its near-term projections downwards as the company recently indicated that they are expecting to commence commercial service only from&nbsp;late Q3'CY22.</p>\n<p>This article will discuss the circumstances leading to Virgin Galactic's \"delayed\" launch, the long-term opportunities, and the competitive threat facing Virgin's leadership quest in suborbital space tourism.</p>\n<p>Lastly, we would present our valuation argument for long-term investors considering adding exposure to the stock right now.</p>\n<p><b>Revisions to Virgin Galactic's Mean Consensus Estimates</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9e15e65a740bf4a03405cd6f31e82bfc\" tg-width=\"640\" tg-height=\"396\" width=\"100%\" height=\"auto\"><span>May's consensus revenue estimates &amp; Aug's consensus revenue estimates. Data source: S&amp;P Capital IQ</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/149d99203d29b3a3e785096ccc509c57\" tg-width=\"600\" tg-height=\"371\" width=\"100%\" height=\"auto\"><span>Scale of revised estimates (Between May and Aug estimates). Data source: S&amp;P Capital IQ</span></p>\n<p>Investors should be able to glean clearly that near-term consensus estimates were revised downwards from May's projections that affected CY21 to CY25. However, we think what's important for investors to note is that the Street revised its estimates meaningfully upwards from CY26 to reflect the strong demand that SPCE highlighted during its recent earnings call, which we think demonstrates the company's confidence in a strong revenue runway for the long term, which we would discuss in detail in the subsequent sections.</p>\n<p><b>Private Commercial Full Revenue Service is Expected from Q3'CY22</b></p>\n<p>SPCE has since lost about 33% of its value since its earnings release on Aug 5, which we think is largely attributed to the near term headwinds resulting from its \"delay\" on commercial service launch as a result of proposed critical enhancements to VSS Unity and the mothership VMS Eve to increase their turnaround time between flights and maintenance significantly.</p>\n<p>As a result of the enhancements that would take place after the completion of Unity 23 revenue-generating flight with the Italian Air Force, the company expects to commence its private commercial full revenue service only from late Q3'CY22, which we think may have taken investors aback as while the market expected full commercial service to begin in 2022, they did not expect it to be as late as Q3.</p>\n<p>However, we think the market has once again chosen to focus on the uncertainty resulting from the near-term revenue service delay and ignore the importance of the enhancements that are expected to improve VMS Eve's turnaround time so significantly that Virgin Galactic emphasized:</p>\n<blockquote>\n These enhancements\n <i>could potentially allow Eve to fly 100 flights between major maintenance inspections</i>. This is up from the current interval of 10 flights between major inspections today. This will be an incredibly important success factor during the early commercial service period while we are in process of manufacturing additional motherships.\n</blockquote>\n<p>In addition, the company also highlighted that with the enhancements, the company is also \"targeting a reduced turnaround flight between Unity flights of 4 to 5 weeks, and that's down from what has at best, been 7 to 8 weeks for VSS Unity.\"</p>\n<p>The Street and the market were certainly disappointed with the announcement, as analysts cut near-term forecasts and downgraded ratings, and Morgan Stanley also emphasized: \"During this heavy maintenance period, Virgin Galactic will not be able to conduct any space flights until summer of 2022.\"</p>\n<p>Sure, no flights. We are certainly not concerned, as the company reiterated the significance of these enhancements:</p>\n<blockquote>\n These are reasonably robust modifications to Eve. But the reason we are taking the additional scope and the additional time for this enhancement period of Eve is because the flight rate that we will derive from Eve following this enhancement period is we plan to build that to effect. It's almost 10x greater between major inspections and what we've been doing now. That will give us an ability to fly Eve much more frequently, and\n <i>that's really important to our initial group of future astronauts as well as the people that we're going to be signing up starting today</i>.\"\n</blockquote>\n<p>If investors could clearly glean the language used by the company in the above sentence, the company is clearly doing it because they are expecting such a robust demand for its space flight services that we think may have exceeded what the company had initially planned for. So while the recent launch event with Sir Richard Branson was largely seen as a major PR coup, it certainly allowed the company to measure the response from interested customers, and the company has clearly indicated that they see such robust demand that they needed to open up a priority list as soon as possible as CEO Michael Colglazier articulated:</p>\n<blockquote>\n Leveraging the substantial demand we have seen to our website, I am pleased to announce that we will soon open a priority list for future space travelers who wish to be next in line. We will reach out first to this list with any available inventory following the conclusion of our spacefarer conversion process. Registration for this list will soon be made available on our website...We have an enormous amount of confidence in the total addressable market that's been kind of shown from the response to [Sir Richard Branson's] Unity 22. So we won't be absorbing all of it, but we do think we can make a major step forward here.\n</blockquote>\n<p>We are not sure what the market and other investors think. Still, the company needs to find a way to cope with the demand from what's obviously a heavily supply-constrained situation. The next best thing they would do in the near term is to make the necessary modifications to VMS Eve and VSS Unity to ensure these highly valued potential customers don't go knocking on the door of Jeff Bezos's Blue Origin (BORGN).</p>\n<p><b>Are There Really So Many Customers Who Couldn't Wait to Get On Board VSS Unity?</b></p>\n<p>Yes, it's pretty incredible to think that the company is expecting so many customers who couldn't wait to get on board. Lisa Rich, the Managing Partner at the venture capital firm Hemisphere Ventures, articulated: \"...I've met so many Virgin [Galactic] ticket&nbsp;holders over the years. And by the way, every one of them has told me that the $250,000 they've spent waiting has paid for itself 10 times over because of the experiences that they have shared over the years.\"</p>\n<p>Investors should clearly understand that the community of 600 future astronauts that have committed to Virgin Galactic's flight services formed a tight-knit group over the years as the company emphasized: \"I think one thing that probably [is] not well known outside of the existing future astronaut is one of the secret weapons of Virgin Galactic is our astronaut office. This is a group of people who have brought together these 600 people into a true community.\"</p>\n<p>The company emphasized that these customers really value the journey towards realizing the flight experience as these customers consider it a \"life-transitional journey.\" They see so much value in what Virgin Galactic is doing that the company emphasized that their customers consider joining the community that the company brought together is \"[a] top, top of mind [priority] and very powerful.\"</p>\n<p>Importantly, the company also highlighted that they have opened up ticket sales to their 1000-strong \"Spacefarer\" community who has signed up through the company's \"One Small Step\" program, with a price starting from $450K per seat, that's way higher than the $200K to $250K per seat that the initial 600 future astronauts signed up for.</p>\n<p>Virgin Galactic believes that these future astronauts are going to be the \"sales ambassadors\" for the company because of the experience of the strong and tight-knit astronaut community that the company has painstakingly built up: \"...And so I think you can think about lifetime value in several ways. One of them is as people move through being a future astronaut graduate into the astronaut community, I think they're going to come back, and I think it will just be very natural in how people will share the experience<b><i>.</i></b>And I think them sharing the experience will not only let people say how wonderful it was, but it will also bring normalcy to the concept of human spaceflight. So this group of people as we bring them in, the lifetime value is all-around demand and continuing to increase the total addressable market as they go out there and share what they've done.\"</p>\n<p><b>Strong Demand Justifies Rapid Scaling Up To Achieve Strong Operating Leverage</b></p>\n<p>Astute investors would clearly have recognized that if the company relied on just the fleet of VSS Unity or VSS Imagine to dominate the market for suborbital space tourism, it would have been largely insufficient.</p>\n<p>Based on the company's guidance and the Street's estimates, working through the company's initial community of 600 future astronauts would take a few years at least without the modifications to VMS Eve.</p>\n<p>The initial cadence (before modifications) for 2022 is a maximum of 10 revenue flights comprising 60 passengers in total. Moving on to 2023, the company could also only fly a maximum of 24 to 36 flights annually, which would allow them to fly a maximum of 144 to 216 astronauts. Thus, it may be at least another 2 years until 2025 before Virgin Galactic could start to work through the order book from the 1000 Spacefarer community, and we think by then, at least some of them would have gone over to Blue Origin. Therefore, the initial cadence really doesn't work, especially with the company preparing to draw up its priority list soon for the interest generated from the Unity 22 PR campaign, and they need to work through the 1,600 future astronauts fast, which in the near term would be solved by Eve's modifications since it allows SPCE to fly 10x more in between major inspections.</p>\n<p>However, the company still thinks that would still be insufficient to cater to the level of demand that they have been experiencing. As a result, they announced that they would be building their next-gen Delta class vehicles \"that are capable of turning on a 1-week interval.\" This class of ships is expected to form the majority of the company's future capacity over time.</p>\n<p>Part of the reason that the company needed to raise the&nbsp;$500M equity&nbsp;offering recently is that they are ready to start developing and build the Delta class vehicles that would be highly instrumental towards meeting their long term capacity and cadence, that VSS Unity and VSS Imagine would never be able to meet sufficiently.</p>\n<p>Crucially, the company highlighted that by ramping production and capacity through the Delta class, they would be able to achieve significant operating leverage as Virgin Galactic emphasized: \"...And that's why we're so focused on getting the Delta class with next generation of mothership. That's where we really get efficiency. That's where we get scale. That's where you'll really see the flow-through come because we'll have a fixed cost basis that is easy for us to communicate and easy for us to contribute the trade for efficiency down the road.\"</p>\n<p><b>Competing Against Blue Origin</b></p>\n<p>We think operating leverage will be the name of the game here, and Virgin Galactic clearly recognizes that it would be vital for the company to operate at a sufficient scale justified by its demand drivers to compete strongly against Blue Origin.</p>\n<p>While we don't think Blue Origin's main game is in suborbital space tourism, as Jeff Bezos also highlighted previously that: \"The architecture&nbsp;and the technology we have chosen is complete overkill for a suborbital tourism mission.”</p>\n<p>We think Blue Origin's main market certainly goes beyond suborbital space tourism that Morgan Stanley highlighted that \"Mr. Bezos’ company is seeking business in a space market that will triple in size to more than $1 trillion in annual sales by 2040, assuming rapid technological developments enable routine moon landings, asteroid mining and space tourism.\"</p>\n<p>Therefore, while Blue Origin focuses on building up its Space colonies' vision over the long term, we think they would most certainly be able to ramp their production quickly and gain significant operating leverage. The key is how those advantages translate to its suborbital space tourism segment in the near term would be key to determine Virgin Galactic's leadership.</p>\n<p>One thing is for sure. Both companies expect the price for the suborbital space tourism tickets to come down substantially over time as production scales up and technologies improve. Thus, the key for Virgin Galactic's leadership and survival in this market is to gain operating leverage as quickly as possible to build up those advantages while Blue Origin has its plate full with its various projects across the entire spectrum.</p>\n<p>Virgin Galactic wants to make suborbital space tourism much more accessible, and the key to achieving that is to drive prices down through operating leverage achieved by ramping up production. As a result, we think the company's Delta class plans are highly pivotal to Virgin Galactic's leadership against Blue Origin and highly encourage investors to keep their eyes closely focused on these plans.</p>\n<p><b>Free Cash Flow Forecast &amp; Valuations</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/48be5e8da375fdc72591e31b96a223f4\" tg-width=\"640\" tg-height=\"359\" width=\"100%\" height=\"auto\"><span>EBITDA margin forecast &amp; CapEx margin forecast. Data source: S&amp;P Capital IQ</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/57509b52b1c0ac46a44e7a0dd619bd97\" tg-width=\"640\" tg-height=\"361\" width=\"100%\" height=\"auto\"><span>EV / Fwd EBITDA trend. Data Source: S&amp;P Capital IQ</span></p>\n<p>Despite the delay in launching full revenue service to Q3'22, the Street's estimates expect the company to be FCF profitable from the end of FY24. We think that's important as it demonstrates the long-term cash flow potential for the company's business in this market, where only BORGN and SPCE are the clear leaders right now.</p>\n<p>However, the valuations still look expensive at 18.5x by the end of 2030, 36% above its aerospace and defense peers comp set mean of 13.61x.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1084f3186f9732fad8d28b824c65de2a\" tg-width=\"640\" tg-height=\"472\" width=\"100%\" height=\"auto\"><span>Street's mean price target. Source: TIKR</span></p>\n<p>The Street is also not too optimistic, as the mean target price of $35.55 is a mere 13.5% above the last closing price, as analysts focused on SPCE's near term \"headwind\" of moving its revenue service to Q3'CY22, which we think is highly important to its long term competitive advantage.</p>\n<p>While we are really excited about the company's long-term prospects, as well as its ambition to bring suborbital space tourism to the world, we are not so sure about Virgin Galactic's expensively-looking valuation.</p>\n<p><b>SPCE Stock Price Action and Trend Analysis</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4f872b3e8670eac6d5ca4d8afce15200\" tg-width=\"640\" tg-height=\"390\" width=\"100%\" height=\"auto\"><span>Source: TradingView</span></p>\n<p>While we don't think SPCE would be a suitable stock for long-term investors given its expensive valuation, we think position traders may still find an opportunity lurking around the horizon with this stock.</p>\n<p>SPCE is strongly supported along its 50-week moving average dynamic support level that has held strongly since 2020, including the recent false break to the downside (bear trap) it saw in May. Therefore, position traders keen to trade this stock may find an opportunity once the price action resolves itself in the next couple of weeks, we hope.</p>\n<p>In summary, we assign a neutral rating to SPCE for long-term investors.</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>Where Will Virgin Galactic Stock Be In 10 Years?</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\">\nWhere Will Virgin Galactic Stock Be In 10 Years?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-14 10:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4449270-virgin-galactic-stock-10-years><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nVirgin Galactic fell more than 30% post-earnings as the market was disappointed with the \"delay\" affecting the launch of its private commercial revenue service.\nHowever, we think the company'...</p>\n\n<a href=\"https://seekingalpha.com/article/4449270-virgin-galactic-stock-10-years\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPCE":"维珍银河"},"source_url":"https://seekingalpha.com/article/4449270-virgin-galactic-stock-10-years","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149823415","content_text":"Summary\n\nVirgin Galactic fell more than 30% post-earnings as the market was disappointed with the \"delay\" affecting the launch of its private commercial revenue service.\nHowever, we think the company's \"delay\" is necessary for it to rectify its supply constraints and meet the huge demand that the company is experiencing.\nWe would also discuss in detail the company's long-term opportunities and threats, and what investors need to monitor moving forward.\nLastly, we present our valuation arguments for long-term investors who are considering adding exposure to Virgin Galactic.\n\nNastco/iStock via Getty Images\nInvestment Thesis\nBack in May, when we published our previous article (link to article appendedhere) on Virgin Galactic (SPCE), we clearly highlighted that we think the Street's consensus has been too optimistic about Virgin Galactic's revenue estimates as we thought the projections overstated the market opportunity for suborbital space tourism over the next 10 years to a large extent, based on our research that consulted multiple sources, and we submitted a revised projection.\nSince then, the Street has revised its near-term projections downwards as the company recently indicated that they are expecting to commence commercial service only from late Q3'CY22.\nThis article will discuss the circumstances leading to Virgin Galactic's \"delayed\" launch, the long-term opportunities, and the competitive threat facing Virgin's leadership quest in suborbital space tourism.\nLastly, we would present our valuation argument for long-term investors considering adding exposure to the stock right now.\nRevisions to Virgin Galactic's Mean Consensus Estimates\nMay's consensus revenue estimates & Aug's consensus revenue estimates. Data source: S&P Capital IQ\nScale of revised estimates (Between May and Aug estimates). Data source: S&P Capital IQ\nInvestors should be able to glean clearly that near-term consensus estimates were revised downwards from May's projections that affected CY21 to CY25. However, we think what's important for investors to note is that the Street revised its estimates meaningfully upwards from CY26 to reflect the strong demand that SPCE highlighted during its recent earnings call, which we think demonstrates the company's confidence in a strong revenue runway for the long term, which we would discuss in detail in the subsequent sections.\nPrivate Commercial Full Revenue Service is Expected from Q3'CY22\nSPCE has since lost about 33% of its value since its earnings release on Aug 5, which we think is largely attributed to the near term headwinds resulting from its \"delay\" on commercial service launch as a result of proposed critical enhancements to VSS Unity and the mothership VMS Eve to increase their turnaround time between flights and maintenance significantly.\nAs a result of the enhancements that would take place after the completion of Unity 23 revenue-generating flight with the Italian Air Force, the company expects to commence its private commercial full revenue service only from late Q3'CY22, which we think may have taken investors aback as while the market expected full commercial service to begin in 2022, they did not expect it to be as late as Q3.\nHowever, we think the market has once again chosen to focus on the uncertainty resulting from the near-term revenue service delay and ignore the importance of the enhancements that are expected to improve VMS Eve's turnaround time so significantly that Virgin Galactic emphasized:\n\n These enhancements\n could potentially allow Eve to fly 100 flights between major maintenance inspections. This is up from the current interval of 10 flights between major inspections today. This will be an incredibly important success factor during the early commercial service period while we are in process of manufacturing additional motherships.\n\nIn addition, the company also highlighted that with the enhancements, the company is also \"targeting a reduced turnaround flight between Unity flights of 4 to 5 weeks, and that's down from what has at best, been 7 to 8 weeks for VSS Unity.\"\nThe Street and the market were certainly disappointed with the announcement, as analysts cut near-term forecasts and downgraded ratings, and Morgan Stanley also emphasized: \"During this heavy maintenance period, Virgin Galactic will not be able to conduct any space flights until summer of 2022.\"\nSure, no flights. We are certainly not concerned, as the company reiterated the significance of these enhancements:\n\n These are reasonably robust modifications to Eve. But the reason we are taking the additional scope and the additional time for this enhancement period of Eve is because the flight rate that we will derive from Eve following this enhancement period is we plan to build that to effect. It's almost 10x greater between major inspections and what we've been doing now. That will give us an ability to fly Eve much more frequently, and\n that's really important to our initial group of future astronauts as well as the people that we're going to be signing up starting today.\"\n\nIf investors could clearly glean the language used by the company in the above sentence, the company is clearly doing it because they are expecting such a robust demand for its space flight services that we think may have exceeded what the company had initially planned for. So while the recent launch event with Sir Richard Branson was largely seen as a major PR coup, it certainly allowed the company to measure the response from interested customers, and the company has clearly indicated that they see such robust demand that they needed to open up a priority list as soon as possible as CEO Michael Colglazier articulated:\n\n Leveraging the substantial demand we have seen to our website, I am pleased to announce that we will soon open a priority list for future space travelers who wish to be next in line. We will reach out first to this list with any available inventory following the conclusion of our spacefarer conversion process. Registration for this list will soon be made available on our website...We have an enormous amount of confidence in the total addressable market that's been kind of shown from the response to [Sir Richard Branson's] Unity 22. So we won't be absorbing all of it, but we do think we can make a major step forward here.\n\nWe are not sure what the market and other investors think. Still, the company needs to find a way to cope with the demand from what's obviously a heavily supply-constrained situation. The next best thing they would do in the near term is to make the necessary modifications to VMS Eve and VSS Unity to ensure these highly valued potential customers don't go knocking on the door of Jeff Bezos's Blue Origin (BORGN).\nAre There Really So Many Customers Who Couldn't Wait to Get On Board VSS Unity?\nYes, it's pretty incredible to think that the company is expecting so many customers who couldn't wait to get on board. Lisa Rich, the Managing Partner at the venture capital firm Hemisphere Ventures, articulated: \"...I've met so many Virgin [Galactic] ticket holders over the years. And by the way, every one of them has told me that the $250,000 they've spent waiting has paid for itself 10 times over because of the experiences that they have shared over the years.\"\nInvestors should clearly understand that the community of 600 future astronauts that have committed to Virgin Galactic's flight services formed a tight-knit group over the years as the company emphasized: \"I think one thing that probably [is] not well known outside of the existing future astronaut is one of the secret weapons of Virgin Galactic is our astronaut office. This is a group of people who have brought together these 600 people into a true community.\"\nThe company emphasized that these customers really value the journey towards realizing the flight experience as these customers consider it a \"life-transitional journey.\" They see so much value in what Virgin Galactic is doing that the company emphasized that their customers consider joining the community that the company brought together is \"[a] top, top of mind [priority] and very powerful.\"\nImportantly, the company also highlighted that they have opened up ticket sales to their 1000-strong \"Spacefarer\" community who has signed up through the company's \"One Small Step\" program, with a price starting from $450K per seat, that's way higher than the $200K to $250K per seat that the initial 600 future astronauts signed up for.\nVirgin Galactic believes that these future astronauts are going to be the \"sales ambassadors\" for the company because of the experience of the strong and tight-knit astronaut community that the company has painstakingly built up: \"...And so I think you can think about lifetime value in several ways. One of them is as people move through being a future astronaut graduate into the astronaut community, I think they're going to come back, and I think it will just be very natural in how people will share the experience.And I think them sharing the experience will not only let people say how wonderful it was, but it will also bring normalcy to the concept of human spaceflight. So this group of people as we bring them in, the lifetime value is all-around demand and continuing to increase the total addressable market as they go out there and share what they've done.\"\nStrong Demand Justifies Rapid Scaling Up To Achieve Strong Operating Leverage\nAstute investors would clearly have recognized that if the company relied on just the fleet of VSS Unity or VSS Imagine to dominate the market for suborbital space tourism, it would have been largely insufficient.\nBased on the company's guidance and the Street's estimates, working through the company's initial community of 600 future astronauts would take a few years at least without the modifications to VMS Eve.\nThe initial cadence (before modifications) for 2022 is a maximum of 10 revenue flights comprising 60 passengers in total. Moving on to 2023, the company could also only fly a maximum of 24 to 36 flights annually, which would allow them to fly a maximum of 144 to 216 astronauts. Thus, it may be at least another 2 years until 2025 before Virgin Galactic could start to work through the order book from the 1000 Spacefarer community, and we think by then, at least some of them would have gone over to Blue Origin. Therefore, the initial cadence really doesn't work, especially with the company preparing to draw up its priority list soon for the interest generated from the Unity 22 PR campaign, and they need to work through the 1,600 future astronauts fast, which in the near term would be solved by Eve's modifications since it allows SPCE to fly 10x more in between major inspections.\nHowever, the company still thinks that would still be insufficient to cater to the level of demand that they have been experiencing. As a result, they announced that they would be building their next-gen Delta class vehicles \"that are capable of turning on a 1-week interval.\" This class of ships is expected to form the majority of the company's future capacity over time.\nPart of the reason that the company needed to raise the $500M equity offering recently is that they are ready to start developing and build the Delta class vehicles that would be highly instrumental towards meeting their long term capacity and cadence, that VSS Unity and VSS Imagine would never be able to meet sufficiently.\nCrucially, the company highlighted that by ramping production and capacity through the Delta class, they would be able to achieve significant operating leverage as Virgin Galactic emphasized: \"...And that's why we're so focused on getting the Delta class with next generation of mothership. That's where we really get efficiency. That's where we get scale. That's where you'll really see the flow-through come because we'll have a fixed cost basis that is easy for us to communicate and easy for us to contribute the trade for efficiency down the road.\"\nCompeting Against Blue Origin\nWe think operating leverage will be the name of the game here, and Virgin Galactic clearly recognizes that it would be vital for the company to operate at a sufficient scale justified by its demand drivers to compete strongly against Blue Origin.\nWhile we don't think Blue Origin's main game is in suborbital space tourism, as Jeff Bezos also highlighted previously that: \"The architecture and the technology we have chosen is complete overkill for a suborbital tourism mission.”\nWe think Blue Origin's main market certainly goes beyond suborbital space tourism that Morgan Stanley highlighted that \"Mr. Bezos’ company is seeking business in a space market that will triple in size to more than $1 trillion in annual sales by 2040, assuming rapid technological developments enable routine moon landings, asteroid mining and space tourism.\"\nTherefore, while Blue Origin focuses on building up its Space colonies' vision over the long term, we think they would most certainly be able to ramp their production quickly and gain significant operating leverage. The key is how those advantages translate to its suborbital space tourism segment in the near term would be key to determine Virgin Galactic's leadership.\nOne thing is for sure. Both companies expect the price for the suborbital space tourism tickets to come down substantially over time as production scales up and technologies improve. Thus, the key for Virgin Galactic's leadership and survival in this market is to gain operating leverage as quickly as possible to build up those advantages while Blue Origin has its plate full with its various projects across the entire spectrum.\nVirgin Galactic wants to make suborbital space tourism much more accessible, and the key to achieving that is to drive prices down through operating leverage achieved by ramping up production. As a result, we think the company's Delta class plans are highly pivotal to Virgin Galactic's leadership against Blue Origin and highly encourage investors to keep their eyes closely focused on these plans.\nFree Cash Flow Forecast & Valuations\nEBITDA margin forecast & CapEx margin forecast. Data source: S&P Capital IQ\nEV / Fwd EBITDA trend. Data Source: S&P Capital IQ\nDespite the delay in launching full revenue service to Q3'22, the Street's estimates expect the company to be FCF profitable from the end of FY24. We think that's important as it demonstrates the long-term cash flow potential for the company's business in this market, where only BORGN and SPCE are the clear leaders right now.\nHowever, the valuations still look expensive at 18.5x by the end of 2030, 36% above its aerospace and defense peers comp set mean of 13.61x.\nStreet's mean price target. Source: TIKR\nThe Street is also not too optimistic, as the mean target price of $35.55 is a mere 13.5% above the last closing price, as analysts focused on SPCE's near term \"headwind\" of moving its revenue service to Q3'CY22, which we think is highly important to its long term competitive advantage.\nWhile we are really excited about the company's long-term prospects, as well as its ambition to bring suborbital space tourism to the world, we are not so sure about Virgin Galactic's expensively-looking valuation.\nSPCE Stock Price Action and Trend Analysis\nSource: TradingView\nWhile we don't think SPCE would be a suitable stock for long-term investors given its expensive valuation, we think position traders may still find an opportunity lurking around the horizon with this stock.\nSPCE is strongly supported along its 50-week moving average dynamic support level that has held strongly since 2020, including the recent false break to the downside (bear trap) it saw in May. Therefore, position traders keen to trade this stock may find an opportunity once the price action resolves itself in the next couple of weeks, we hope.\nIn summary, we assign a neutral rating to SPCE for long-term investors.","news_type":1,"symbols_score_info":{"SPCE":0.9}},"isVote":1,"tweetType":1,"viewCount":1005,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":814324189,"gmtCreate":1630767952041,"gmtModify":1676530392560,"author":{"id":"4087632630520920","authorId":"4087632630520920","name":"mintcookie","avatar":"https://static.tigerbbs.com/5a506061d4a1502e786b64e0a9a943f1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087632630520920","idStr":"4087632630520920"},"themes":[],"htmlText":"Oh","listText":"Oh","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/814324189","repostId":"1186003479","repostType":4,"isVote":1,"tweetType":1,"viewCount":3424,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":802808143,"gmtCreate":1627743821282,"gmtModify":1703495409957,"author":{"id":"4087632630520920","authorId":"4087632630520920","name":"mintcookie","avatar":"https://static.tigerbbs.com/5a506061d4a1502e786b64e0a9a943f1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087632630520920","idStr":"4087632630520920"},"themes":[],"htmlText":"Oh","listText":"Oh","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/802808143","repostId":"2155001152","repostType":4,"isVote":1,"tweetType":1,"viewCount":889,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":804930502,"gmtCreate":1627915059106,"gmtModify":1703497849393,"author":{"id":"4087632630520920","authorId":"4087632630520920","name":"mintcookie","avatar":"https://static.tigerbbs.com/5a506061d4a1502e786b64e0a9a943f1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087632630520920","idStr":"4087632630520920"},"themes":[],"htmlText":"Oh","listText":"Oh","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/804930502","repostId":"1183793139","repostType":4,"repost":{"id":"1183793139","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":1627914562,"share":"https://ttm.financial/m/news/1183793139?lang=en_US&edition=fundamental","pubTime":"2021-08-02 22:29","market":"us","language":"en","title":"Semiconductor stocks rally after ON Semi's strong earnings","url":"https://stock-news.laohu8.com/highlight/detail?id=1183793139","media":"Tiger Newspress","summary":"(August 2) The Philadelphia Semiconductor Index is up 1.6%, outperforming the 0.3% gain for the broa","content":"<p>(August 2)&nbsp;The Philadelphia Semiconductor Index is up 1.6%, outperforming the 0.3% gain for the broader tech sector (NYSEARCA:XLK) after chipmaker ON Semiconductor (NASDAQ:ON) reported strong earnings and an upside forecast despite the continuing supply chain constraints.</p>\n<p>ON Semiconductor stock surges over&nbsp;14%&nbsp;after record earnings that beat expectations, upbeat outlook.</p>\n<p>Shares of <a href=\"https://laohu8.com/S/ON\">ON Semiconductor Corp.</a> (ON) shot up over&nbsp;14% in morning trading Monday, after the chipmaker reported record adjusted profit and revenue that beat expectations and provided an upbeat outlook, citing accelerating demand in the automotive and industrial end markets.</p>\n<ul>\n <li>Net income was $184.1 million, or 42 cents a share, after a loss of $1.4 billion, or roughly breakeven on a per-share basis, in the year-ago period.</li>\n <li>Excluding nonrecurring items, adjusted earnings per share increased to a record 63 cents from 12 cents, beating the FactSet consensus of 49 cents.</li>\n <li>Revenue grew 37.6% to $1.67 billion, above the FactSet consensus of $1.62 billion.</li>\n <li>For the third quarter, the company expects adjusted EPS of 68 cents to 80 cents and revenue of $1.66 billion to $1.76 billion, above the FactSet consensus for EPS of 51 cents and revenue of $1.61 billion.</li>\n <li>Gross margin is expected to improve to 38.8% to 40.9% in the third quarter from 38.3% in the second quarter.</li>\n</ul>\n<p>The stock has rallied 19.3% year to date through Friday, while the PHLX Semiconductor Index has run up 20.1% and the S&amp;P 500 has advanced 17.0%.</p>\n<p>MKM Partners notes that ON called out \"accelerating demand for the auto and industrial end markets\" even as the global chip shortage continues.</p>\n<p>Top semiconductor gainers include ON's auto chip peers Microchip (MCHP +3.3%) and NXP Semiconductors (NXPI +2.6%) with the latter reporting earnings today after the bell. Semiconductor equipment players Applied Materials (AMAT +3.2%) and Lam Research (LRCX +2.0%) are also among the top tech gainers.</p>\n<p>Silicon Labs (SLAB +4.2%) continues to rally after announcing plans for a $1B modified Dutch auction.</p>\n<p><img src=\"https://static.tigerbbs.com/29705170f6277ecc6c92943d45c08bb7\" tg-width=\"315\" tg-height=\"412\" 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>Semiconductor stocks rally after ON Semi's strong earnings</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSemiconductor stocks rally after ON Semi's strong earnings\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\">2021-08-02 22:29</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(August 2)&nbsp;The Philadelphia Semiconductor Index is up 1.6%, outperforming the 0.3% gain for the broader tech sector (NYSEARCA:XLK) after chipmaker ON Semiconductor (NASDAQ:ON) reported strong earnings and an upside forecast despite the continuing supply chain constraints.</p>\n<p>ON Semiconductor stock surges over&nbsp;14%&nbsp;after record earnings that beat expectations, upbeat outlook.</p>\n<p>Shares of <a href=\"https://laohu8.com/S/ON\">ON Semiconductor Corp.</a> (ON) shot up over&nbsp;14% in morning trading Monday, after the chipmaker reported record adjusted profit and revenue that beat expectations and provided an upbeat outlook, citing accelerating demand in the automotive and industrial end markets.</p>\n<ul>\n <li>Net income was $184.1 million, or 42 cents a share, after a loss of $1.4 billion, or roughly breakeven on a per-share basis, in the year-ago period.</li>\n <li>Excluding nonrecurring items, adjusted earnings per share increased to a record 63 cents from 12 cents, beating the FactSet consensus of 49 cents.</li>\n <li>Revenue grew 37.6% to $1.67 billion, above the FactSet consensus of $1.62 billion.</li>\n <li>For the third quarter, the company expects adjusted EPS of 68 cents to 80 cents and revenue of $1.66 billion to $1.76 billion, above the FactSet consensus for EPS of 51 cents and revenue of $1.61 billion.</li>\n <li>Gross margin is expected to improve to 38.8% to 40.9% in the third quarter from 38.3% in the second quarter.</li>\n</ul>\n<p>The stock has rallied 19.3% year to date through Friday, while the PHLX Semiconductor Index has run up 20.1% and the S&amp;P 500 has advanced 17.0%.</p>\n<p>MKM Partners notes that ON called out \"accelerating demand for the auto and industrial end markets\" even as the global chip shortage continues.</p>\n<p>Top semiconductor gainers include ON's auto chip peers Microchip (MCHP +3.3%) and NXP Semiconductors (NXPI +2.6%) with the latter reporting earnings today after the bell. Semiconductor equipment players Applied Materials (AMAT +3.2%) and Lam Research (LRCX +2.0%) are also among the top tech gainers.</p>\n<p>Silicon Labs (SLAB +4.2%) continues to rally after announcing plans for a $1B modified Dutch auction.</p>\n<p><img src=\"https://static.tigerbbs.com/29705170f6277ecc6c92943d45c08bb7\" tg-width=\"315\" tg-height=\"412\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1183793139","content_text":"(August 2) The Philadelphia Semiconductor Index is up 1.6%, outperforming the 0.3% gain for the broader tech sector (NYSEARCA:XLK) after chipmaker ON Semiconductor (NASDAQ:ON) reported strong earnings and an upside forecast despite the continuing supply chain constraints.\nON Semiconductor stock surges over 14% after record earnings that beat expectations, upbeat outlook.\nShares of ON Semiconductor Corp. (ON) shot up over 14% in morning trading Monday, after the chipmaker reported record adjusted profit and revenue that beat expectations and provided an upbeat outlook, citing accelerating demand in the automotive and industrial end markets.\n\nNet income was $184.1 million, or 42 cents a share, after a loss of $1.4 billion, or roughly breakeven on a per-share basis, in the year-ago period.\nExcluding nonrecurring items, adjusted earnings per share increased to a record 63 cents from 12 cents, beating the FactSet consensus of 49 cents.\nRevenue grew 37.6% to $1.67 billion, above the FactSet consensus of $1.62 billion.\nFor the third quarter, the company expects adjusted EPS of 68 cents to 80 cents and revenue of $1.66 billion to $1.76 billion, above the FactSet consensus for EPS of 51 cents and revenue of $1.61 billion.\nGross margin is expected to improve to 38.8% to 40.9% in the third quarter from 38.3% in the second quarter.\n\nThe stock has rallied 19.3% year to date through Friday, while the PHLX Semiconductor Index has run up 20.1% and the S&P 500 has advanced 17.0%.\nMKM Partners notes that ON called out \"accelerating demand for the auto and industrial end markets\" even as the global chip shortage continues.\nTop semiconductor gainers include ON's auto chip peers Microchip (MCHP +3.3%) and NXP Semiconductors (NXPI +2.6%) with the latter reporting earnings today after the bell. Semiconductor equipment players Applied Materials (AMAT +3.2%) and Lam Research (LRCX +2.0%) are also among the top tech gainers.\nSilicon Labs (SLAB +4.2%) continues to rally after announcing plans for a $1B modified Dutch auction.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":693,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":814432788,"gmtCreate":1630857110944,"gmtModify":1676530406879,"author":{"id":"4087632630520920","authorId":"4087632630520920","name":"mintcookie","avatar":"https://static.tigerbbs.com/5a506061d4a1502e786b64e0a9a943f1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087632630520920","idStr":"4087632630520920"},"themes":[],"htmlText":"Oh","listText":"Oh","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/814432788","repostId":"2164803413","repostType":4,"isVote":1,"tweetType":1,"viewCount":3718,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":897497307,"gmtCreate":1628954670709,"gmtModify":1676529899486,"author":{"id":"4087632630520920","authorId":"4087632630520920","name":"mintcookie","avatar":"https://static.tigerbbs.com/5a506061d4a1502e786b64e0a9a943f1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087632630520920","idStr":"4087632630520920"},"themes":[],"htmlText":"Oh","listText":"Oh","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/897497307","repostId":"1149823415","repostType":4,"repost":{"id":"1149823415","kind":"news","pubTimestamp":1628909753,"share":"https://ttm.financial/m/news/1149823415?lang=en_US&edition=fundamental","pubTime":"2021-08-14 10:55","market":"us","language":"en","title":"Where Will Virgin Galactic Stock Be In 10 Years?","url":"https://stock-news.laohu8.com/highlight/detail?id=1149823415","media":"seekingalpha","summary":"Summary\n\nVirgin Galactic fell more than 30% post-earnings as the market was disappointed with the \"d","content":"<p><b>Summary</b></p>\n<ul>\n <li>Virgin Galactic fell more than 30% post-earnings as the market was disappointed with the \"delay\" affecting the launch of its private commercial revenue service.</li>\n <li>However, we think the company's \"delay\" is necessary for it to rectify its supply constraints and meet the huge demand that the company is experiencing.</li>\n <li>We would also discuss in detail the company's long-term opportunities and threats, and what investors need to monitor moving forward.</li>\n <li>Lastly, we present our valuation arguments for long-term investors who are considering adding exposure to Virgin Galactic.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/00922c9874a28954c08c613b8dbf378b\" tg-width=\"768\" tg-height=\"493\" width=\"100%\" height=\"auto\"><span>Nastco/iStock via Getty Images</span></p>\n<p><b>Investment Thesis</b></p>\n<p>Back in May, when we published our previous article (link to article appendedhere) on Virgin Galactic (SPCE), we clearly highlighted that we think the Street's consensus has been too optimistic about Virgin Galactic's revenue estimates as we thought the projections overstated the market opportunity for suborbital space tourism over the next 10 years to a large extent, based on our research that consulted multiple sources, and we submitted a revised projection.</p>\n<p>Since then, the Street has revised its near-term projections downwards as the company recently indicated that they are expecting to commence commercial service only from&nbsp;late Q3'CY22.</p>\n<p>This article will discuss the circumstances leading to Virgin Galactic's \"delayed\" launch, the long-term opportunities, and the competitive threat facing Virgin's leadership quest in suborbital space tourism.</p>\n<p>Lastly, we would present our valuation argument for long-term investors considering adding exposure to the stock right now.</p>\n<p><b>Revisions to Virgin Galactic's Mean Consensus Estimates</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9e15e65a740bf4a03405cd6f31e82bfc\" tg-width=\"640\" tg-height=\"396\" width=\"100%\" height=\"auto\"><span>May's consensus revenue estimates &amp; Aug's consensus revenue estimates. Data source: S&amp;P Capital IQ</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/149d99203d29b3a3e785096ccc509c57\" tg-width=\"600\" tg-height=\"371\" width=\"100%\" height=\"auto\"><span>Scale of revised estimates (Between May and Aug estimates). Data source: S&amp;P Capital IQ</span></p>\n<p>Investors should be able to glean clearly that near-term consensus estimates were revised downwards from May's projections that affected CY21 to CY25. However, we think what's important for investors to note is that the Street revised its estimates meaningfully upwards from CY26 to reflect the strong demand that SPCE highlighted during its recent earnings call, which we think demonstrates the company's confidence in a strong revenue runway for the long term, which we would discuss in detail in the subsequent sections.</p>\n<p><b>Private Commercial Full Revenue Service is Expected from Q3'CY22</b></p>\n<p>SPCE has since lost about 33% of its value since its earnings release on Aug 5, which we think is largely attributed to the near term headwinds resulting from its \"delay\" on commercial service launch as a result of proposed critical enhancements to VSS Unity and the mothership VMS Eve to increase their turnaround time between flights and maintenance significantly.</p>\n<p>As a result of the enhancements that would take place after the completion of Unity 23 revenue-generating flight with the Italian Air Force, the company expects to commence its private commercial full revenue service only from late Q3'CY22, which we think may have taken investors aback as while the market expected full commercial service to begin in 2022, they did not expect it to be as late as Q3.</p>\n<p>However, we think the market has once again chosen to focus on the uncertainty resulting from the near-term revenue service delay and ignore the importance of the enhancements that are expected to improve VMS Eve's turnaround time so significantly that Virgin Galactic emphasized:</p>\n<blockquote>\n These enhancements\n <i>could potentially allow Eve to fly 100 flights between major maintenance inspections</i>. This is up from the current interval of 10 flights between major inspections today. This will be an incredibly important success factor during the early commercial service period while we are in process of manufacturing additional motherships.\n</blockquote>\n<p>In addition, the company also highlighted that with the enhancements, the company is also \"targeting a reduced turnaround flight between Unity flights of 4 to 5 weeks, and that's down from what has at best, been 7 to 8 weeks for VSS Unity.\"</p>\n<p>The Street and the market were certainly disappointed with the announcement, as analysts cut near-term forecasts and downgraded ratings, and Morgan Stanley also emphasized: \"During this heavy maintenance period, Virgin Galactic will not be able to conduct any space flights until summer of 2022.\"</p>\n<p>Sure, no flights. We are certainly not concerned, as the company reiterated the significance of these enhancements:</p>\n<blockquote>\n These are reasonably robust modifications to Eve. But the reason we are taking the additional scope and the additional time for this enhancement period of Eve is because the flight rate that we will derive from Eve following this enhancement period is we plan to build that to effect. It's almost 10x greater between major inspections and what we've been doing now. That will give us an ability to fly Eve much more frequently, and\n <i>that's really important to our initial group of future astronauts as well as the people that we're going to be signing up starting today</i>.\"\n</blockquote>\n<p>If investors could clearly glean the language used by the company in the above sentence, the company is clearly doing it because they are expecting such a robust demand for its space flight services that we think may have exceeded what the company had initially planned for. So while the recent launch event with Sir Richard Branson was largely seen as a major PR coup, it certainly allowed the company to measure the response from interested customers, and the company has clearly indicated that they see such robust demand that they needed to open up a priority list as soon as possible as CEO Michael Colglazier articulated:</p>\n<blockquote>\n Leveraging the substantial demand we have seen to our website, I am pleased to announce that we will soon open a priority list for future space travelers who wish to be next in line. We will reach out first to this list with any available inventory following the conclusion of our spacefarer conversion process. Registration for this list will soon be made available on our website...We have an enormous amount of confidence in the total addressable market that's been kind of shown from the response to [Sir Richard Branson's] Unity 22. So we won't be absorbing all of it, but we do think we can make a major step forward here.\n</blockquote>\n<p>We are not sure what the market and other investors think. Still, the company needs to find a way to cope with the demand from what's obviously a heavily supply-constrained situation. The next best thing they would do in the near term is to make the necessary modifications to VMS Eve and VSS Unity to ensure these highly valued potential customers don't go knocking on the door of Jeff Bezos's Blue Origin (BORGN).</p>\n<p><b>Are There Really So Many Customers Who Couldn't Wait to Get On Board VSS Unity?</b></p>\n<p>Yes, it's pretty incredible to think that the company is expecting so many customers who couldn't wait to get on board. Lisa Rich, the Managing Partner at the venture capital firm Hemisphere Ventures, articulated: \"...I've met so many Virgin [Galactic] ticket&nbsp;holders over the years. And by the way, every one of them has told me that the $250,000 they've spent waiting has paid for itself 10 times over because of the experiences that they have shared over the years.\"</p>\n<p>Investors should clearly understand that the community of 600 future astronauts that have committed to Virgin Galactic's flight services formed a tight-knit group over the years as the company emphasized: \"I think one thing that probably [is] not well known outside of the existing future astronaut is one of the secret weapons of Virgin Galactic is our astronaut office. This is a group of people who have brought together these 600 people into a true community.\"</p>\n<p>The company emphasized that these customers really value the journey towards realizing the flight experience as these customers consider it a \"life-transitional journey.\" They see so much value in what Virgin Galactic is doing that the company emphasized that their customers consider joining the community that the company brought together is \"[a] top, top of mind [priority] and very powerful.\"</p>\n<p>Importantly, the company also highlighted that they have opened up ticket sales to their 1000-strong \"Spacefarer\" community who has signed up through the company's \"One Small Step\" program, with a price starting from $450K per seat, that's way higher than the $200K to $250K per seat that the initial 600 future astronauts signed up for.</p>\n<p>Virgin Galactic believes that these future astronauts are going to be the \"sales ambassadors\" for the company because of the experience of the strong and tight-knit astronaut community that the company has painstakingly built up: \"...And so I think you can think about lifetime value in several ways. One of them is as people move through being a future astronaut graduate into the astronaut community, I think they're going to come back, and I think it will just be very natural in how people will share the experience<b><i>.</i></b>And I think them sharing the experience will not only let people say how wonderful it was, but it will also bring normalcy to the concept of human spaceflight. So this group of people as we bring them in, the lifetime value is all-around demand and continuing to increase the total addressable market as they go out there and share what they've done.\"</p>\n<p><b>Strong Demand Justifies Rapid Scaling Up To Achieve Strong Operating Leverage</b></p>\n<p>Astute investors would clearly have recognized that if the company relied on just the fleet of VSS Unity or VSS Imagine to dominate the market for suborbital space tourism, it would have been largely insufficient.</p>\n<p>Based on the company's guidance and the Street's estimates, working through the company's initial community of 600 future astronauts would take a few years at least without the modifications to VMS Eve.</p>\n<p>The initial cadence (before modifications) for 2022 is a maximum of 10 revenue flights comprising 60 passengers in total. Moving on to 2023, the company could also only fly a maximum of 24 to 36 flights annually, which would allow them to fly a maximum of 144 to 216 astronauts. Thus, it may be at least another 2 years until 2025 before Virgin Galactic could start to work through the order book from the 1000 Spacefarer community, and we think by then, at least some of them would have gone over to Blue Origin. Therefore, the initial cadence really doesn't work, especially with the company preparing to draw up its priority list soon for the interest generated from the Unity 22 PR campaign, and they need to work through the 1,600 future astronauts fast, which in the near term would be solved by Eve's modifications since it allows SPCE to fly 10x more in between major inspections.</p>\n<p>However, the company still thinks that would still be insufficient to cater to the level of demand that they have been experiencing. As a result, they announced that they would be building their next-gen Delta class vehicles \"that are capable of turning on a 1-week interval.\" This class of ships is expected to form the majority of the company's future capacity over time.</p>\n<p>Part of the reason that the company needed to raise the&nbsp;$500M equity&nbsp;offering recently is that they are ready to start developing and build the Delta class vehicles that would be highly instrumental towards meeting their long term capacity and cadence, that VSS Unity and VSS Imagine would never be able to meet sufficiently.</p>\n<p>Crucially, the company highlighted that by ramping production and capacity through the Delta class, they would be able to achieve significant operating leverage as Virgin Galactic emphasized: \"...And that's why we're so focused on getting the Delta class with next generation of mothership. That's where we really get efficiency. That's where we get scale. That's where you'll really see the flow-through come because we'll have a fixed cost basis that is easy for us to communicate and easy for us to contribute the trade for efficiency down the road.\"</p>\n<p><b>Competing Against Blue Origin</b></p>\n<p>We think operating leverage will be the name of the game here, and Virgin Galactic clearly recognizes that it would be vital for the company to operate at a sufficient scale justified by its demand drivers to compete strongly against Blue Origin.</p>\n<p>While we don't think Blue Origin's main game is in suborbital space tourism, as Jeff Bezos also highlighted previously that: \"The architecture&nbsp;and the technology we have chosen is complete overkill for a suborbital tourism mission.”</p>\n<p>We think Blue Origin's main market certainly goes beyond suborbital space tourism that Morgan Stanley highlighted that \"Mr. Bezos’ company is seeking business in a space market that will triple in size to more than $1 trillion in annual sales by 2040, assuming rapid technological developments enable routine moon landings, asteroid mining and space tourism.\"</p>\n<p>Therefore, while Blue Origin focuses on building up its Space colonies' vision over the long term, we think they would most certainly be able to ramp their production quickly and gain significant operating leverage. The key is how those advantages translate to its suborbital space tourism segment in the near term would be key to determine Virgin Galactic's leadership.</p>\n<p>One thing is for sure. Both companies expect the price for the suborbital space tourism tickets to come down substantially over time as production scales up and technologies improve. Thus, the key for Virgin Galactic's leadership and survival in this market is to gain operating leverage as quickly as possible to build up those advantages while Blue Origin has its plate full with its various projects across the entire spectrum.</p>\n<p>Virgin Galactic wants to make suborbital space tourism much more accessible, and the key to achieving that is to drive prices down through operating leverage achieved by ramping up production. As a result, we think the company's Delta class plans are highly pivotal to Virgin Galactic's leadership against Blue Origin and highly encourage investors to keep their eyes closely focused on these plans.</p>\n<p><b>Free Cash Flow Forecast &amp; Valuations</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/48be5e8da375fdc72591e31b96a223f4\" tg-width=\"640\" tg-height=\"359\" width=\"100%\" height=\"auto\"><span>EBITDA margin forecast &amp; CapEx margin forecast. Data source: S&amp;P Capital IQ</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/57509b52b1c0ac46a44e7a0dd619bd97\" tg-width=\"640\" tg-height=\"361\" width=\"100%\" height=\"auto\"><span>EV / Fwd EBITDA trend. Data Source: S&amp;P Capital IQ</span></p>\n<p>Despite the delay in launching full revenue service to Q3'22, the Street's estimates expect the company to be FCF profitable from the end of FY24. We think that's important as it demonstrates the long-term cash flow potential for the company's business in this market, where only BORGN and SPCE are the clear leaders right now.</p>\n<p>However, the valuations still look expensive at 18.5x by the end of 2030, 36% above its aerospace and defense peers comp set mean of 13.61x.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1084f3186f9732fad8d28b824c65de2a\" tg-width=\"640\" tg-height=\"472\" width=\"100%\" height=\"auto\"><span>Street's mean price target. Source: TIKR</span></p>\n<p>The Street is also not too optimistic, as the mean target price of $35.55 is a mere 13.5% above the last closing price, as analysts focused on SPCE's near term \"headwind\" of moving its revenue service to Q3'CY22, which we think is highly important to its long term competitive advantage.</p>\n<p>While we are really excited about the company's long-term prospects, as well as its ambition to bring suborbital space tourism to the world, we are not so sure about Virgin Galactic's expensively-looking valuation.</p>\n<p><b>SPCE Stock Price Action and Trend Analysis</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4f872b3e8670eac6d5ca4d8afce15200\" tg-width=\"640\" tg-height=\"390\" width=\"100%\" height=\"auto\"><span>Source: TradingView</span></p>\n<p>While we don't think SPCE would be a suitable stock for long-term investors given its expensive valuation, we think position traders may still find an opportunity lurking around the horizon with this stock.</p>\n<p>SPCE is strongly supported along its 50-week moving average dynamic support level that has held strongly since 2020, including the recent false break to the downside (bear trap) it saw in May. Therefore, position traders keen to trade this stock may find an opportunity once the price action resolves itself in the next couple of weeks, we hope.</p>\n<p>In summary, we assign a neutral rating to SPCE for long-term investors.</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>Where Will Virgin Galactic Stock Be In 10 Years?</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\">\nWhere Will Virgin Galactic Stock Be In 10 Years?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-14 10:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4449270-virgin-galactic-stock-10-years><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nVirgin Galactic fell more than 30% post-earnings as the market was disappointed with the \"delay\" affecting the launch of its private commercial revenue service.\nHowever, we think the company'...</p>\n\n<a href=\"https://seekingalpha.com/article/4449270-virgin-galactic-stock-10-years\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPCE":"维珍银河"},"source_url":"https://seekingalpha.com/article/4449270-virgin-galactic-stock-10-years","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149823415","content_text":"Summary\n\nVirgin Galactic fell more than 30% post-earnings as the market was disappointed with the \"delay\" affecting the launch of its private commercial revenue service.\nHowever, we think the company's \"delay\" is necessary for it to rectify its supply constraints and meet the huge demand that the company is experiencing.\nWe would also discuss in detail the company's long-term opportunities and threats, and what investors need to monitor moving forward.\nLastly, we present our valuation arguments for long-term investors who are considering adding exposure to Virgin Galactic.\n\nNastco/iStock via Getty Images\nInvestment Thesis\nBack in May, when we published our previous article (link to article appendedhere) on Virgin Galactic (SPCE), we clearly highlighted that we think the Street's consensus has been too optimistic about Virgin Galactic's revenue estimates as we thought the projections overstated the market opportunity for suborbital space tourism over the next 10 years to a large extent, based on our research that consulted multiple sources, and we submitted a revised projection.\nSince then, the Street has revised its near-term projections downwards as the company recently indicated that they are expecting to commence commercial service only from late Q3'CY22.\nThis article will discuss the circumstances leading to Virgin Galactic's \"delayed\" launch, the long-term opportunities, and the competitive threat facing Virgin's leadership quest in suborbital space tourism.\nLastly, we would present our valuation argument for long-term investors considering adding exposure to the stock right now.\nRevisions to Virgin Galactic's Mean Consensus Estimates\nMay's consensus revenue estimates & Aug's consensus revenue estimates. Data source: S&P Capital IQ\nScale of revised estimates (Between May and Aug estimates). Data source: S&P Capital IQ\nInvestors should be able to glean clearly that near-term consensus estimates were revised downwards from May's projections that affected CY21 to CY25. However, we think what's important for investors to note is that the Street revised its estimates meaningfully upwards from CY26 to reflect the strong demand that SPCE highlighted during its recent earnings call, which we think demonstrates the company's confidence in a strong revenue runway for the long term, which we would discuss in detail in the subsequent sections.\nPrivate Commercial Full Revenue Service is Expected from Q3'CY22\nSPCE has since lost about 33% of its value since its earnings release on Aug 5, which we think is largely attributed to the near term headwinds resulting from its \"delay\" on commercial service launch as a result of proposed critical enhancements to VSS Unity and the mothership VMS Eve to increase their turnaround time between flights and maintenance significantly.\nAs a result of the enhancements that would take place after the completion of Unity 23 revenue-generating flight with the Italian Air Force, the company expects to commence its private commercial full revenue service only from late Q3'CY22, which we think may have taken investors aback as while the market expected full commercial service to begin in 2022, they did not expect it to be as late as Q3.\nHowever, we think the market has once again chosen to focus on the uncertainty resulting from the near-term revenue service delay and ignore the importance of the enhancements that are expected to improve VMS Eve's turnaround time so significantly that Virgin Galactic emphasized:\n\n These enhancements\n could potentially allow Eve to fly 100 flights between major maintenance inspections. This is up from the current interval of 10 flights between major inspections today. This will be an incredibly important success factor during the early commercial service period while we are in process of manufacturing additional motherships.\n\nIn addition, the company also highlighted that with the enhancements, the company is also \"targeting a reduced turnaround flight between Unity flights of 4 to 5 weeks, and that's down from what has at best, been 7 to 8 weeks for VSS Unity.\"\nThe Street and the market were certainly disappointed with the announcement, as analysts cut near-term forecasts and downgraded ratings, and Morgan Stanley also emphasized: \"During this heavy maintenance period, Virgin Galactic will not be able to conduct any space flights until summer of 2022.\"\nSure, no flights. We are certainly not concerned, as the company reiterated the significance of these enhancements:\n\n These are reasonably robust modifications to Eve. But the reason we are taking the additional scope and the additional time for this enhancement period of Eve is because the flight rate that we will derive from Eve following this enhancement period is we plan to build that to effect. It's almost 10x greater between major inspections and what we've been doing now. That will give us an ability to fly Eve much more frequently, and\n that's really important to our initial group of future astronauts as well as the people that we're going to be signing up starting today.\"\n\nIf investors could clearly glean the language used by the company in the above sentence, the company is clearly doing it because they are expecting such a robust demand for its space flight services that we think may have exceeded what the company had initially planned for. So while the recent launch event with Sir Richard Branson was largely seen as a major PR coup, it certainly allowed the company to measure the response from interested customers, and the company has clearly indicated that they see such robust demand that they needed to open up a priority list as soon as possible as CEO Michael Colglazier articulated:\n\n Leveraging the substantial demand we have seen to our website, I am pleased to announce that we will soon open a priority list for future space travelers who wish to be next in line. We will reach out first to this list with any available inventory following the conclusion of our spacefarer conversion process. Registration for this list will soon be made available on our website...We have an enormous amount of confidence in the total addressable market that's been kind of shown from the response to [Sir Richard Branson's] Unity 22. So we won't be absorbing all of it, but we do think we can make a major step forward here.\n\nWe are not sure what the market and other investors think. Still, the company needs to find a way to cope with the demand from what's obviously a heavily supply-constrained situation. The next best thing they would do in the near term is to make the necessary modifications to VMS Eve and VSS Unity to ensure these highly valued potential customers don't go knocking on the door of Jeff Bezos's Blue Origin (BORGN).\nAre There Really So Many Customers Who Couldn't Wait to Get On Board VSS Unity?\nYes, it's pretty incredible to think that the company is expecting so many customers who couldn't wait to get on board. Lisa Rich, the Managing Partner at the venture capital firm Hemisphere Ventures, articulated: \"...I've met so many Virgin [Galactic] ticket holders over the years. And by the way, every one of them has told me that the $250,000 they've spent waiting has paid for itself 10 times over because of the experiences that they have shared over the years.\"\nInvestors should clearly understand that the community of 600 future astronauts that have committed to Virgin Galactic's flight services formed a tight-knit group over the years as the company emphasized: \"I think one thing that probably [is] not well known outside of the existing future astronaut is one of the secret weapons of Virgin Galactic is our astronaut office. This is a group of people who have brought together these 600 people into a true community.\"\nThe company emphasized that these customers really value the journey towards realizing the flight experience as these customers consider it a \"life-transitional journey.\" They see so much value in what Virgin Galactic is doing that the company emphasized that their customers consider joining the community that the company brought together is \"[a] top, top of mind [priority] and very powerful.\"\nImportantly, the company also highlighted that they have opened up ticket sales to their 1000-strong \"Spacefarer\" community who has signed up through the company's \"One Small Step\" program, with a price starting from $450K per seat, that's way higher than the $200K to $250K per seat that the initial 600 future astronauts signed up for.\nVirgin Galactic believes that these future astronauts are going to be the \"sales ambassadors\" for the company because of the experience of the strong and tight-knit astronaut community that the company has painstakingly built up: \"...And so I think you can think about lifetime value in several ways. One of them is as people move through being a future astronaut graduate into the astronaut community, I think they're going to come back, and I think it will just be very natural in how people will share the experience.And I think them sharing the experience will not only let people say how wonderful it was, but it will also bring normalcy to the concept of human spaceflight. So this group of people as we bring them in, the lifetime value is all-around demand and continuing to increase the total addressable market as they go out there and share what they've done.\"\nStrong Demand Justifies Rapid Scaling Up To Achieve Strong Operating Leverage\nAstute investors would clearly have recognized that if the company relied on just the fleet of VSS Unity or VSS Imagine to dominate the market for suborbital space tourism, it would have been largely insufficient.\nBased on the company's guidance and the Street's estimates, working through the company's initial community of 600 future astronauts would take a few years at least without the modifications to VMS Eve.\nThe initial cadence (before modifications) for 2022 is a maximum of 10 revenue flights comprising 60 passengers in total. Moving on to 2023, the company could also only fly a maximum of 24 to 36 flights annually, which would allow them to fly a maximum of 144 to 216 astronauts. Thus, it may be at least another 2 years until 2025 before Virgin Galactic could start to work through the order book from the 1000 Spacefarer community, and we think by then, at least some of them would have gone over to Blue Origin. Therefore, the initial cadence really doesn't work, especially with the company preparing to draw up its priority list soon for the interest generated from the Unity 22 PR campaign, and they need to work through the 1,600 future astronauts fast, which in the near term would be solved by Eve's modifications since it allows SPCE to fly 10x more in between major inspections.\nHowever, the company still thinks that would still be insufficient to cater to the level of demand that they have been experiencing. As a result, they announced that they would be building their next-gen Delta class vehicles \"that are capable of turning on a 1-week interval.\" This class of ships is expected to form the majority of the company's future capacity over time.\nPart of the reason that the company needed to raise the $500M equity offering recently is that they are ready to start developing and build the Delta class vehicles that would be highly instrumental towards meeting their long term capacity and cadence, that VSS Unity and VSS Imagine would never be able to meet sufficiently.\nCrucially, the company highlighted that by ramping production and capacity through the Delta class, they would be able to achieve significant operating leverage as Virgin Galactic emphasized: \"...And that's why we're so focused on getting the Delta class with next generation of mothership. That's where we really get efficiency. That's where we get scale. That's where you'll really see the flow-through come because we'll have a fixed cost basis that is easy for us to communicate and easy for us to contribute the trade for efficiency down the road.\"\nCompeting Against Blue Origin\nWe think operating leverage will be the name of the game here, and Virgin Galactic clearly recognizes that it would be vital for the company to operate at a sufficient scale justified by its demand drivers to compete strongly against Blue Origin.\nWhile we don't think Blue Origin's main game is in suborbital space tourism, as Jeff Bezos also highlighted previously that: \"The architecture and the technology we have chosen is complete overkill for a suborbital tourism mission.”\nWe think Blue Origin's main market certainly goes beyond suborbital space tourism that Morgan Stanley highlighted that \"Mr. Bezos’ company is seeking business in a space market that will triple in size to more than $1 trillion in annual sales by 2040, assuming rapid technological developments enable routine moon landings, asteroid mining and space tourism.\"\nTherefore, while Blue Origin focuses on building up its Space colonies' vision over the long term, we think they would most certainly be able to ramp their production quickly and gain significant operating leverage. The key is how those advantages translate to its suborbital space tourism segment in the near term would be key to determine Virgin Galactic's leadership.\nOne thing is for sure. Both companies expect the price for the suborbital space tourism tickets to come down substantially over time as production scales up and technologies improve. Thus, the key for Virgin Galactic's leadership and survival in this market is to gain operating leverage as quickly as possible to build up those advantages while Blue Origin has its plate full with its various projects across the entire spectrum.\nVirgin Galactic wants to make suborbital space tourism much more accessible, and the key to achieving that is to drive prices down through operating leverage achieved by ramping up production. As a result, we think the company's Delta class plans are highly pivotal to Virgin Galactic's leadership against Blue Origin and highly encourage investors to keep their eyes closely focused on these plans.\nFree Cash Flow Forecast & Valuations\nEBITDA margin forecast & CapEx margin forecast. Data source: S&P Capital IQ\nEV / Fwd EBITDA trend. Data Source: S&P Capital IQ\nDespite the delay in launching full revenue service to Q3'22, the Street's estimates expect the company to be FCF profitable from the end of FY24. We think that's important as it demonstrates the long-term cash flow potential for the company's business in this market, where only BORGN and SPCE are the clear leaders right now.\nHowever, the valuations still look expensive at 18.5x by the end of 2030, 36% above its aerospace and defense peers comp set mean of 13.61x.\nStreet's mean price target. Source: TIKR\nThe Street is also not too optimistic, as the mean target price of $35.55 is a mere 13.5% above the last closing price, as analysts focused on SPCE's near term \"headwind\" of moving its revenue service to Q3'CY22, which we think is highly important to its long term competitive advantage.\nWhile we are really excited about the company's long-term prospects, as well as its ambition to bring suborbital space tourism to the world, we are not so sure about Virgin Galactic's expensively-looking valuation.\nSPCE Stock Price Action and Trend Analysis\nSource: TradingView\nWhile we don't think SPCE would be a suitable stock for long-term investors given its expensive valuation, we think position traders may still find an opportunity lurking around the horizon with this stock.\nSPCE is strongly supported along its 50-week moving average dynamic support level that has held strongly since 2020, including the recent false break to the downside (bear trap) it saw in May. Therefore, position traders keen to trade this stock may find an opportunity once the price action resolves itself in the next couple of weeks, we hope.\nIn summary, we assign a neutral rating to SPCE for long-term investors.","news_type":1,"symbols_score_info":{"SPCE":0.9}},"isVote":1,"tweetType":1,"viewCount":1005,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":805900574,"gmtCreate":1627830353498,"gmtModify":1703496372021,"author":{"id":"4087632630520920","authorId":"4087632630520920","name":"mintcookie","avatar":"https://static.tigerbbs.com/5a506061d4a1502e786b64e0a9a943f1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087632630520920","idStr":"4087632630520920"},"themes":[],"htmlText":"Oh","listText":"Oh","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/805900574","repostId":"1153879814","repostType":4,"repost":{"id":"1153879814","kind":"news","pubTimestamp":1627784753,"share":"https://ttm.financial/m/news/1153879814?lang=en_US&edition=fundamental","pubTime":"2021-08-01 10:25","market":"sg","language":"en","title":"SIA, SIAE, Singtel potential candidates for company restructuring: Maybank","url":"https://stock-news.laohu8.com/highlight/detail?id=1153879814","media":"Singapore Business","summary":"Who will follow in SPH, Keppel and Sembcorp steps in corporate restructuring?\n\nDrivers are in play f","content":"<blockquote>\n <b><i>Who will follow in SPH, Keppel and Sembcorp steps in corporate restructuring?</i></b>\n</blockquote>\n<p>Drivers are in play for more corporate restructuring from Singapore firms following the major restructuring plans of Singapore Press Holdings (SPH) and a possible merger between Keppel Offshore &amp; Marine and Sembcorp Marine Ltd, according to a report by Maybank Kim Eng.</p>\n<p>According to the report, the drivers catalyzing these restructurings remain in play and are unlikely to retreat in the near-term.</p>\n<p>Some Singapore companies named by Maybank that are potential candidates for a corporate restructuring are Singtel, Singapore Airlines Group and the Singapore Institute of Aerospace Engineers.</p>\n<p>Maybank said Singtel is currently exploring options to review its stakes in associates and infrastructure assets to unlock latent value.</p>\n<p>Continued weakness and expected long lead time to recovery of international air travel may force certain rationalization for SIA and SIAE. Meanwhile, big developers like CityDev and UOL also have sizable development businesses similar to CAPL.</p>","source":"lsy1618986048053","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>SIA, SIAE, Singtel potential candidates for company restructuring: Maybank</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\">\nSIA, SIAE, Singtel potential candidates for company restructuring: Maybank\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-01 10:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://sbr.com.sg/economy/news/sia-siae-singtel-potential-candidates-company-restructuring-maybank><strong>Singapore Business</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Who will follow in SPH, Keppel and Sembcorp steps in corporate restructuring?\n\nDrivers are in play for more corporate restructuring from Singapore firms following the major restructuring plans of ...</p>\n\n<a href=\"https://sbr.com.sg/economy/news/sia-siae-singtel-potential-candidates-company-restructuring-maybank\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"C6L.SI":"新加坡航空公司"},"source_url":"https://sbr.com.sg/economy/news/sia-siae-singtel-potential-candidates-company-restructuring-maybank","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1153879814","content_text":"Who will follow in SPH, Keppel and Sembcorp steps in corporate restructuring?\n\nDrivers are in play for more corporate restructuring from Singapore firms following the major restructuring plans of Singapore Press Holdings (SPH) and a possible merger between Keppel Offshore & Marine and Sembcorp Marine Ltd, according to a report by Maybank Kim Eng.\nAccording to the report, the drivers catalyzing these restructurings remain in play and are unlikely to retreat in the near-term.\nSome Singapore companies named by Maybank that are potential candidates for a corporate restructuring are Singtel, Singapore Airlines Group and the Singapore Institute of Aerospace Engineers.\nMaybank said Singtel is currently exploring options to review its stakes in associates and infrastructure assets to unlock latent value.\nContinued weakness and expected long lead time to recovery of international air travel may force certain rationalization for SIA and SIAE. Meanwhile, big developers like CityDev and UOL also have sizable development businesses similar to CAPL.","news_type":1,"symbols_score_info":{"C6L.SI":0.9}},"isVote":1,"tweetType":1,"viewCount":1009,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":145847114,"gmtCreate":1626219328238,"gmtModify":1703755610784,"author":{"id":"4087632630520920","authorId":"4087632630520920","name":"mintcookie","avatar":"https://static.tigerbbs.com/5a506061d4a1502e786b64e0a9a943f1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087632630520920","idStr":"4087632630520920"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/145847114","repostId":"2151560584","repostType":4,"repost":{"id":"2151560584","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":1626207238,"share":"https://ttm.financial/m/news/2151560584?lang=en_US&edition=fundamental","pubTime":"2021-07-14 04:13","market":"us","language":"en","title":"S&P 500 and Nasdaq end down after hitting record highs","url":"https://stock-news.laohu8.com/highlight/detail?id=2151560584","media":"Reuters","summary":"JPMorgan drops amid low interest rates\nU.S. consumer prices surge in June\nBoeing slips on new produc","content":"<ul>\n <li>JPMorgan drops amid low interest rates</li>\n <li>U.S. consumer prices surge in June</li>\n <li>Boeing slips on new production problems for 787 Dreamliners</li>\n <li>Indexes: Dow -0.31%, S&amp;P 500 -0.35%, Nasdaq -0.38%</li>\n</ul>\n<p>(Updates following end of session)</p>\n<p>July 13 (Reuters) - The S&amp;P 500 and Nasdaq ended lower on Tuesday after hitting record highs earlier in the session, with investors digesting a jump in consumer prices in June and earnings from JPMorgan and Goldman Sachs that kicked off the quarterly reporting season.</p>\n<p>The S&amp;P 500 and Nasdaq reached fresh record highs but quickly fell into negative territory after an auction of 30-year Treasuries showed less demand than some investors expected and pushed yields higher.</p>\n<p>Data indicated U.S. consumer prices rose by the most in 13 years last month, while so-called core consumer prices surged 4.5% year over year, the largest rise since November 1991.</p>\n<p>Economists viewed the price surge, driven by travel-rated services and used automobiles, as mostly temporary, aligning with Federal Reserve Chair Jerome Powell's long-standing views.</p>\n<p>\"Any time you get an uptick in interest rates the stock market is going to get nervous, especially on a day like today,\" said Joe Saluzzi, co-manager of trading at Themis Trading in Chatham, New Jersey.</p>\n<p>The S&amp;P 500 growth index dipped 0.05%, while the value index fell 0.70%.</p>\n<p>\"With growth outperforming value, the takeaway is clearly that inflation from a market perspective is not a real threat in the long term,\" said Keith Buchanan, a portfolio manager at GLOBALT Investments in Atlanta, Georgia.</p>\n<p>Ten of the 11 major S&amp;P 500 sector indexes ended lower, with real estate , consumer discretionary and financials each down more than 1%.</p>\n<p>JPMorgan Chase &amp; Co stock fell 1.5% after the company reported blockbuster quarterly profit growth but warned that the sunny outlook would not make for blockbuster revenues in the short term due to low interest rates.</p>\n<p>Goldman Sachs Group Inc dipped 1.2% after its quarterly earnings exceeded forecasts.</p>\n<p>Citigroup , Wells Fargo &amp; Co and Bank of America were due to report their quarterly results early on Wednesday.</p>\n<p>PepsiCo Inc gained 2.3% after raising its full-year earnings forecast, betting on accelerating demand as COVID-19 restrictions continue to ease.</p>\n<p>June-quarter earnings per share for S&amp;P 500 companies are expected to rise 66%, according to Refinitiv data, with investors questioning how long Wall Street's rally would last after a 16% rise in the benchmark index so far this year.</p>\n<p>All eyes now turn to Fed Chair Jerome Powell's congressional testimony on Wednesday and Thursday for his comments about rising price pressures and monetary support going forward.</p>\n<p>The Dow Jones Industrial Average fell 0.31% to end at 34,888.79 points, while the S&amp;P 500 lost 0.35% to 4,369.21.</p>\n<p>The Nasdaq Composite dropped 0.38% to 14,677.65.</p>\n<p>Conagra Brands Inc dropped 5.4% after the packaged foods company warned that higher raw material and ingredient costs would take a bigger bite out of its profit this year than previously estimated.</p>\n<p>Boeing Co fell 4.2% after the Federal Aviation Administration said late on Monday some undelivered 787 Dreamliners have a new manufacturing quality issue.</p>\n<p>Declining issues outnumbered advancing ones on the NYSE by a 2.85-to-1 ratio; on Nasdaq, a 3.06-to-1 ratio favored decliners.</p>\n<p>The S&amp;P 500 posted 39 new 52-week highs and no new lows; the Nasdaq Composite recorded 61 new highs and 73 new lows.</p>\n<p>Volume on U.S. exchanges was 9.5 billion shares, compared with the 10.5 billion average for the full session over the last 20 trading days.</p>\n<p>(Additional reporting by Devik Jain and Shreyashi Sanyal in Bengaluru; Editing by 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 500 and Nasdaq end down after hitting record highs</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 500 and Nasdaq end down after hitting record highs\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\">2021-07-14 04:13</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul>\n <li>JPMorgan drops amid low interest rates</li>\n <li>U.S. consumer prices surge in June</li>\n <li>Boeing slips on new production problems for 787 Dreamliners</li>\n <li>Indexes: Dow -0.31%, S&amp;P 500 -0.35%, Nasdaq -0.38%</li>\n</ul>\n<p>(Updates following end of session)</p>\n<p>July 13 (Reuters) - The S&amp;P 500 and Nasdaq ended lower on Tuesday after hitting record highs earlier in the session, with investors digesting a jump in consumer prices in June and earnings from JPMorgan and Goldman Sachs that kicked off the quarterly reporting season.</p>\n<p>The S&amp;P 500 and Nasdaq reached fresh record highs but quickly fell into negative territory after an auction of 30-year Treasuries showed less demand than some investors expected and pushed yields higher.</p>\n<p>Data indicated U.S. consumer prices rose by the most in 13 years last month, while so-called core consumer prices surged 4.5% year over year, the largest rise since November 1991.</p>\n<p>Economists viewed the price surge, driven by travel-rated services and used automobiles, as mostly temporary, aligning with Federal Reserve Chair Jerome Powell's long-standing views.</p>\n<p>\"Any time you get an uptick in interest rates the stock market is going to get nervous, especially on a day like today,\" said Joe Saluzzi, co-manager of trading at Themis Trading in Chatham, New Jersey.</p>\n<p>The S&amp;P 500 growth index dipped 0.05%, while the value index fell 0.70%.</p>\n<p>\"With growth outperforming value, the takeaway is clearly that inflation from a market perspective is not a real threat in the long term,\" said Keith Buchanan, a portfolio manager at GLOBALT Investments in Atlanta, Georgia.</p>\n<p>Ten of the 11 major S&amp;P 500 sector indexes ended lower, with real estate , consumer discretionary and financials each down more than 1%.</p>\n<p>JPMorgan Chase &amp; Co stock fell 1.5% after the company reported blockbuster quarterly profit growth but warned that the sunny outlook would not make for blockbuster revenues in the short term due to low interest rates.</p>\n<p>Goldman Sachs Group Inc dipped 1.2% after its quarterly earnings exceeded forecasts.</p>\n<p>Citigroup , Wells Fargo &amp; Co and Bank of America were due to report their quarterly results early on Wednesday.</p>\n<p>PepsiCo Inc gained 2.3% after raising its full-year earnings forecast, betting on accelerating demand as COVID-19 restrictions continue to ease.</p>\n<p>June-quarter earnings per share for S&amp;P 500 companies are expected to rise 66%, according to Refinitiv data, with investors questioning how long Wall Street's rally would last after a 16% rise in the benchmark index so far this year.</p>\n<p>All eyes now turn to Fed Chair Jerome Powell's congressional testimony on Wednesday and Thursday for his comments about rising price pressures and monetary support going forward.</p>\n<p>The Dow Jones Industrial Average fell 0.31% to end at 34,888.79 points, while the S&amp;P 500 lost 0.35% to 4,369.21.</p>\n<p>The Nasdaq Composite dropped 0.38% to 14,677.65.</p>\n<p>Conagra Brands Inc dropped 5.4% after the packaged foods company warned that higher raw material and ingredient costs would take a bigger bite out of its profit this year than previously estimated.</p>\n<p>Boeing Co fell 4.2% after the Federal Aviation Administration said late on Monday some undelivered 787 Dreamliners have a new manufacturing quality issue.</p>\n<p>Declining issues outnumbered advancing ones on the NYSE by a 2.85-to-1 ratio; on Nasdaq, a 3.06-to-1 ratio favored decliners.</p>\n<p>The S&amp;P 500 posted 39 new 52-week highs and no new lows; the Nasdaq Composite recorded 61 new highs and 73 new lows.</p>\n<p>Volume on U.S. exchanges was 9.5 billion shares, compared with the 10.5 billion average for the full session over the last 20 trading days.</p>\n<p>(Additional reporting by Devik Jain and Shreyashi Sanyal in Bengaluru; Editing by 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","OEX":"标普100","SPXU":"三倍做空标普500ETF-ProShares","SSO":"2倍做多标普500ETF-ProShares","QID":"两倍做空纳斯达克指数ETF-ProShares","IVV":"标普500ETF-iShares","TQQQ":"纳指三倍做多ETF","SPY":"标普500ETF","PSQ":"做空纳斯达克100指数ETF-ProShares","SH":"做空标普500-Proshares","QQQ":"纳指100ETF",".SPX":"S&P 500 Index","SDS":"两倍做空标普500 ETF-ProShares","QLD":"2倍做多纳斯达克100指数ETF-ProShares","NDAQ":"纳斯达克OMX交易所","SQQQ":"纳指三倍做空ETF",".IXIC":"NASDAQ Composite",".DJI":"道琼斯","UPRO":"三倍做多标普500ETF-ProShares","OEF":"标普100指数ETF-iShares"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2151560584","content_text":"JPMorgan drops amid low interest rates\nU.S. consumer prices surge in June\nBoeing slips on new production problems for 787 Dreamliners\nIndexes: Dow -0.31%, S&P 500 -0.35%, Nasdaq -0.38%\n\n(Updates following end of session)\nJuly 13 (Reuters) - The S&P 500 and Nasdaq ended lower on Tuesday after hitting record highs earlier in the session, with investors digesting a jump in consumer prices in June and earnings from JPMorgan and Goldman Sachs that kicked off the quarterly reporting season.\nThe S&P 500 and Nasdaq reached fresh record highs but quickly fell into negative territory after an auction of 30-year Treasuries showed less demand than some investors expected and pushed yields higher.\nData indicated U.S. consumer prices rose by the most in 13 years last month, while so-called core consumer prices surged 4.5% year over year, the largest rise since November 1991.\nEconomists viewed the price surge, driven by travel-rated services and used automobiles, as mostly temporary, aligning with Federal Reserve Chair Jerome Powell's long-standing views.\n\"Any time you get an uptick in interest rates the stock market is going to get nervous, especially on a day like today,\" said Joe Saluzzi, co-manager of trading at Themis Trading in Chatham, New Jersey.\nThe S&P 500 growth index dipped 0.05%, while the value index fell 0.70%.\n\"With growth outperforming value, the takeaway is clearly that inflation from a market perspective is not a real threat in the long term,\" said Keith Buchanan, a portfolio manager at GLOBALT Investments in Atlanta, Georgia.\nTen of the 11 major S&P 500 sector indexes ended lower, with real estate , consumer discretionary and financials each down more than 1%.\nJPMorgan Chase & Co stock fell 1.5% after the company reported blockbuster quarterly profit growth but warned that the sunny outlook would not make for blockbuster revenues in the short term due to low interest rates.\nGoldman Sachs Group Inc dipped 1.2% after its quarterly earnings exceeded forecasts.\nCitigroup , Wells Fargo & Co and Bank of America were due to report their quarterly results early on Wednesday.\nPepsiCo Inc gained 2.3% after raising its full-year earnings forecast, betting on accelerating demand as COVID-19 restrictions continue to ease.\nJune-quarter earnings per share for S&P 500 companies are expected to rise 66%, according to Refinitiv data, with investors questioning how long Wall Street's rally would last after a 16% rise in the benchmark index so far this year.\nAll eyes now turn to Fed Chair Jerome Powell's congressional testimony on Wednesday and Thursday for his comments about rising price pressures and monetary support going forward.\nThe Dow Jones Industrial Average fell 0.31% to end at 34,888.79 points, while the S&P 500 lost 0.35% to 4,369.21.\nThe Nasdaq Composite dropped 0.38% to 14,677.65.\nConagra Brands Inc dropped 5.4% after the packaged foods company warned that higher raw material and ingredient costs would take a bigger bite out of its profit this year than previously estimated.\nBoeing Co fell 4.2% after the Federal Aviation Administration said late on Monday some undelivered 787 Dreamliners have a new manufacturing quality issue.\nDeclining issues outnumbered advancing ones on the NYSE by a 2.85-to-1 ratio; on Nasdaq, a 3.06-to-1 ratio favored decliners.\nThe S&P 500 posted 39 new 52-week highs and no new lows; the Nasdaq Composite recorded 61 new highs and 73 new lows.\nVolume on U.S. exchanges was 9.5 billion shares, compared with the 10.5 billion average for the full session over the last 20 trading days.\n(Additional reporting by Devik Jain and Shreyashi Sanyal in Bengaluru; Editing by Cynthia Osterman)","news_type":1,"symbols_score_info":{"161125":0.9,"513500":0.9,"QLD":0.9,".SPX":0.9,"OEX":0.9,"SPY":0.9,"SSO":0.9,"NDAQ":0.9,"SQQQ":0.9,"ESmain":0.9,"TQQQ":0.9,"MNQmain":0.9,"QQQ":0.9,"QID":0.9,"SPXU":0.9,".DJI":0.9,"PSQ":0.9,"UPRO":0.9,"IVV":0.9,"SH":0.9,"OEF":0.9,".IXIC":0.9,"SDS":0.9,"NQmain":0.9}},"isVote":1,"tweetType":1,"viewCount":771,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":148174422,"gmtCreate":1625964437266,"gmtModify":1703751219056,"author":{"id":"4087632630520920","authorId":"4087632630520920","name":"mintcookie","avatar":"https://static.tigerbbs.com/5a506061d4a1502e786b64e0a9a943f1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087632630520920","idStr":"4087632630520920"},"themes":[],"htmlText":"Good&nbsp;","listText":"Good&nbsp;","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/148174422","repostId":"1101087642","repostType":4,"repost":{"id":"1101087642","kind":"news","pubTimestamp":1625885700,"share":"https://ttm.financial/m/news/1101087642?lang=en_US&edition=fundamental","pubTime":"2021-07-10 10:55","market":"us","language":"en","title":"Banks Are About to Kick Off Earnings Season. Keep an Eye on Citigroup.","url":"https://stock-news.laohu8.com/highlight/detail?id=1101087642","media":"Barrons","summary":"Bank investors are hoping for something to get excited about this coming week when JPMorgan Chase, G","content":"<p>Bank investors are hoping for something to get excited about this coming week when JPMorgan Chase, Goldman Sachs Group, and others report second-quarter results. They shouldn’t get their hopes up.</p>\n<p>It’s not that there hasn’t been good news for bank stocks. Just last month, the biggest banks easily passed the Federal Reserve’s annual stress tests, paving the way for them to return capital to shareholders without restrictions. They’ve also gotten a lift from improving economic conditions, the release of reserves set aside for&nbsp;bad loans that never materialized, and continued trading and deal-making activity. Banks have controlled what they can control and have come out the other side better for it.</p>\n<p>But there’s one thing banks can’t control—bond yields. The&nbsp;SPDR S&amp;P Bank&nbsp;exchange-traded fund (ticker: KBE) gained around 30% to start the year as the 10-year yield climbed as high as 1.75%. The ETF has given back about half its gains as the 10-year yield dropped below 1.3% this past week. While bank earnings should contain&nbsp;a lot of good news, there may not be enough to get the group moving higher. In fact, the opposite might be true.</p>\n<p>Banks have proven they have a solid foundation, but the next leg of growth is more uncertain. Few expect that trading activity—which soared last year amid volatile market conditions—will match last year’s torrid pace. Across the sector, second-quarter trading revenue likely declined by roughly 30% year over year. Expectations of reserve releases and capital return to shareholders have already been priced into the shares.As for loan growth, expectations are weak as loan activity has likely been muted.</p>\n<p>Bank stocks aren’t nearly as cheap as they were a year ago, when many were trading below tangible book value, but compared with the broad market, they still look cheap. The&nbsp;SPDR S&amp;P Bank ETF&nbsp;currently trades at 11.1 times 12-month forward earnings, while the S&amp;P 500 trades at 21.6 times.</p>\n<p>Against this backdrop, with banks strong but perhaps not as exciting and certainly not as cheap, few are as cheap as&nbsp;Citigroup(C), which trades at just 0.9 times tangible book and offers a 3% yield after falling 13% over the past month. Analysts surveyed by FactSet expect that Citigroup will earn $1.99 per share—roughly a fourfold increase from the challenging year-ago quarter.</p>\n<p>Barron’s&nbsp;highlighted Citigroup&nbsp;earlier this year&nbsp;just as Jane Fraser was poised to become CEO. Prior to Fraser claiming the top spot, the bank was hit with a consent order by regulators for weaknesses in its internal controls. While there has been some analyst skepticism about how quickly Citigroup can correct those issues and at what cost, the Street generally agrees that with Fraser at the helm, the bank has a renewed sense of urgency&nbsp;to streamline its operations.</p>\n<p>Citi’s cheap valuation makes up for a lot of those issues, says KBW analyst&nbsp;David Konrad. “We are assuming coverage of Citigroup with an Outperform rating partly due to a discounted valuation but also due to the negative sentiment on the stock,” he writes. Konrad sees Citi stock trading at $85 a share, almost 25% above Friday’s close.</p>\n<p>It may take time, but Citi stock should pay off for patient investors.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Banks Are About to Kick Off Earnings Season. Keep an Eye on Citigroup.</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\">\nBanks Are About to Kick Off Earnings Season. Keep an Eye on Citigroup.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-10 10:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/citigroup-bank-stocks-earnings-season-51625876082?mod=RTA><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Bank investors are hoping for something to get excited about this coming week when JPMorgan Chase, Goldman Sachs Group, and others report second-quarter results. They shouldn’t get their hopes up.\nIt’...</p>\n\n<a href=\"https://www.barrons.com/articles/citigroup-bank-stocks-earnings-season-51625876082?mod=RTA\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"C":"花旗"},"source_url":"https://www.barrons.com/articles/citigroup-bank-stocks-earnings-season-51625876082?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101087642","content_text":"Bank investors are hoping for something to get excited about this coming week when JPMorgan Chase, Goldman Sachs Group, and others report second-quarter results. They shouldn’t get their hopes up.\nIt’s not that there hasn’t been good news for bank stocks. Just last month, the biggest banks easily passed the Federal Reserve’s annual stress tests, paving the way for them to return capital to shareholders without restrictions. They’ve also gotten a lift from improving economic conditions, the release of reserves set aside for bad loans that never materialized, and continued trading and deal-making activity. Banks have controlled what they can control and have come out the other side better for it.\nBut there’s one thing banks can’t control—bond yields. The SPDR S&P Bank exchange-traded fund (ticker: KBE) gained around 30% to start the year as the 10-year yield climbed as high as 1.75%. The ETF has given back about half its gains as the 10-year yield dropped below 1.3% this past week. While bank earnings should contain a lot of good news, there may not be enough to get the group moving higher. In fact, the opposite might be true.\nBanks have proven they have a solid foundation, but the next leg of growth is more uncertain. Few expect that trading activity—which soared last year amid volatile market conditions—will match last year’s torrid pace. Across the sector, second-quarter trading revenue likely declined by roughly 30% year over year. Expectations of reserve releases and capital return to shareholders have already been priced into the shares.As for loan growth, expectations are weak as loan activity has likely been muted.\nBank stocks aren’t nearly as cheap as they were a year ago, when many were trading below tangible book value, but compared with the broad market, they still look cheap. The SPDR S&P Bank ETF currently trades at 11.1 times 12-month forward earnings, while the S&P 500 trades at 21.6 times.\nAgainst this backdrop, with banks strong but perhaps not as exciting and certainly not as cheap, few are as cheap as Citigroup(C), which trades at just 0.9 times tangible book and offers a 3% yield after falling 13% over the past month. Analysts surveyed by FactSet expect that Citigroup will earn $1.99 per share—roughly a fourfold increase from the challenging year-ago quarter.\nBarron’s highlighted Citigroup earlier this year just as Jane Fraser was poised to become CEO. Prior to Fraser claiming the top spot, the bank was hit with a consent order by regulators for weaknesses in its internal controls. While there has been some analyst skepticism about how quickly Citigroup can correct those issues and at what cost, the Street generally agrees that with Fraser at the helm, the bank has a renewed sense of urgency to streamline its operations.\nCiti’s cheap valuation makes up for a lot of those issues, says KBW analyst David Konrad. “We are assuming coverage of Citigroup with an Outperform rating partly due to a discounted valuation but also due to the negative sentiment on the stock,” he writes. Konrad sees Citi stock trading at $85 a share, almost 25% above Friday’s close.\nIt may take time, but Citi stock should pay off for patient investors.","news_type":1,"symbols_score_info":{"C":0.9}},"isVote":1,"tweetType":1,"viewCount":874,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3583568085402852","authorId":"3583568085402852","name":"IsaacYap90","avatar":"https://static.tigerbbs.com/40f66d0266826bb209ee22688d7bbde5","crmLevel":12,"crmLevelSwitch":0,"authorIdStr":"3583568085402852","idStr":"3583568085402852"},"content":"Bank investors are hoping for something to get excited about this coming week when JPMorgan Chase, Goldman Sachs Group, and others report second-quarter results. They shouldn’t get their hopes up.","text":"Bank investors are hoping for something to get excited about this coming week when JPMorgan Chase, Goldman Sachs Group, and others report second-quarter results. They shouldn’t get their hopes up.","html":"Bank investors are hoping for something to get excited about this coming week when JPMorgan Chase, Goldman Sachs Group, and others report second-quarter results. They shouldn’t get their hopes up."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":883389689,"gmtCreate":1631202037641,"gmtModify":1676530496354,"author":{"id":"4087632630520920","authorId":"4087632630520920","name":"mintcookie","avatar":"https://static.tigerbbs.com/5a506061d4a1502e786b64e0a9a943f1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087632630520920","idStr":"4087632630520920"},"themes":[],"htmlText":"Oh","listText":"Oh","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/883389689","repostId":"2166349850","repostType":4,"repost":{"id":"2166349850","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1631198880,"share":"https://ttm.financial/m/news/2166349850?lang=en_US&edition=fundamental","pubTime":"2021-09-09 22:48","market":"other","language":"en","title":"'The lady isn't tapering,' says Lagarde as ECB slows asset purchases","url":"https://stock-news.laohu8.com/highlight/detail?id=2166349850","media":"Dow Jones","summary":"Move is a recalibration of monetary stimulus, says ECB president.\n\nEuropean Central Bank President C","content":"<blockquote>\n Move is a recalibration of monetary stimulus, says ECB president.\n</blockquote>\n<p>European Central Bank President Christine Lagarde argued Thursday that a decision to slow the pace of asset buying under the institution's pandemic emergency program didn't amount to a \"tapering,\" but was instead a mere recalibration of stimulus efforts.</p>\n<p>\"The lady isn't tapering,\" Lagarde said at a news conference following the ECB decision, seemingly echoing late U.K. Prime Minister Margaret Thatcher's 1980 declaration, in response to pressure to reverse her economic policies, that \"the lady is not for turning.\"</p>\n<p>Lagarde said the ECB was merely recalibrating the PEPP, under which the bank had accelerated purchases over the past six months in response to a sluggish economic outlook. The \"rebound\" phase of the economic recovery now appears increasingly advanced, she said, though a \"full\" recovery could yet be delayed by the spread of the delta variant of the coronavirus that causes COVID-19.</p>\n<p>In a statement earlier Thursday, the ECB said that the Governing Council had decided, based on a joint assessment of financing conditions and the inflation outlook, that \"that favorable financing conditions can be maintained with a moderately lower pace of net asset purchases under the PEPP than in the previous two quarters.\"</p>\n<p>Lagarde said the decision to moderate the pace was unanimous.</p>\n<p>At the same time, net purchases under the ECB's separate asset purchase program are set to continue at a monthly pace of EUR20 billion ($23.7 billion), the ECB said. The Governing Council continues to expect monthly net asset purchases under the APP to run for as long as necessary to reinforce the accommodative impact of its policy rates, and to end shortly before it starts raising the key ECB interest rates, the ECB said. PEPP purchases, meanwhile, will continue until at least the end of March 2022, the central bank said, with a total envelope of EUR1.85 trillion.</p>\n<p>\"While today's policy statement confirms that the ECB will reduce the pace of its asset purchases slightly compared to its average since March, this is a long way from being a 'full taper,'\" said Andrew Kenningham, chief Europe economist at Capital Economics, in a note.</p>\n<p>\"Total asset purchases will probably continue at an average monthly rate of around EUR90 billion per month in the coming quarter, there is still no firm end-date for the emergency purchase program and, for now, the ECB still plans to continue with the standard APP until shortly before it raises interest rates,\" he said.</p>\n<p>The move wasn't unexpected, but it was still significant.</p>\n<p>\"The ECB has taken its first meaningful step towards tapering today,\" said Seema Shah, chief strategist at Principal Global Investors. \"Characteristically, it hasn't tied itself to a specific pace of purchase, instead retaining an element of flexibility which will be helpful in the face of a potential tightening in financial conditions as Fed taper draws near.\"</p>\n<p>Lagarde \"stuck to the script,\" said Claus Vistesen, chief eurozone economist at Pantheon Macroeconomics, in a note. \"The 'moderately slower pace' of PEPP in Q4 is a recalibration, not a taper, a distinction presumably used to avoid the perception that the central bank is on track to reduce the pace of [quantitative easing] to zero.\"</p>\n<p>Meanwhile, Lagarde largely brushed aside questions around the ultimate fate of the PEPP. It appears likely policy makers will face a decision on whether to announce the wind-down of the program at the ECB's December policy meeting, which will feature the next quarterly update of staff macroeconomic forecasts, Vistesen said.</p>\n<p>ECB staff on Thursday raised their forecasts for near-term eurozone growth and inflation. They expect gross domestic product to grow by 5% in 2021, up from a previous forecast of 4.6% in June. Inflation is expected to hit 2.2% in 2021, but soon fall back below the bank's symmetric medium-term target of 2%.</p>\n<p>As expected, the ECB also left interest rates unchanged, with its deposit rate at negative 0.5%. while the main refinancing rate remains at 0%.</p>\n<p>The euro gave up early gains to edge down 0.1% versus the U.S. dollar, trading at $1.1811. The yield on the 10-year German government bond , or bund, was down 3.9 basis points at negative 0.359%. Yields move in the opposite direction of bond prices.</p>\n<p>European equities turned higher as U.S. equities rallied, with the Stoxx Europe 600 up 0.3%.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>'The lady isn't tapering,' says Lagarde as ECB slows asset purchases</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\">\n'The lady isn't tapering,' says Lagarde as ECB slows asset purchases\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-09-09 22:48</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<blockquote>\n Move is a recalibration of monetary stimulus, says ECB president.\n</blockquote>\n<p>European Central Bank President Christine Lagarde argued Thursday that a decision to slow the pace of asset buying under the institution's pandemic emergency program didn't amount to a \"tapering,\" but was instead a mere recalibration of stimulus efforts.</p>\n<p>\"The lady isn't tapering,\" Lagarde said at a news conference following the ECB decision, seemingly echoing late U.K. Prime Minister Margaret Thatcher's 1980 declaration, in response to pressure to reverse her economic policies, that \"the lady is not for turning.\"</p>\n<p>Lagarde said the ECB was merely recalibrating the PEPP, under which the bank had accelerated purchases over the past six months in response to a sluggish economic outlook. The \"rebound\" phase of the economic recovery now appears increasingly advanced, she said, though a \"full\" recovery could yet be delayed by the spread of the delta variant of the coronavirus that causes COVID-19.</p>\n<p>In a statement earlier Thursday, the ECB said that the Governing Council had decided, based on a joint assessment of financing conditions and the inflation outlook, that \"that favorable financing conditions can be maintained with a moderately lower pace of net asset purchases under the PEPP than in the previous two quarters.\"</p>\n<p>Lagarde said the decision to moderate the pace was unanimous.</p>\n<p>At the same time, net purchases under the ECB's separate asset purchase program are set to continue at a monthly pace of EUR20 billion ($23.7 billion), the ECB said. The Governing Council continues to expect monthly net asset purchases under the APP to run for as long as necessary to reinforce the accommodative impact of its policy rates, and to end shortly before it starts raising the key ECB interest rates, the ECB said. PEPP purchases, meanwhile, will continue until at least the end of March 2022, the central bank said, with a total envelope of EUR1.85 trillion.</p>\n<p>\"While today's policy statement confirms that the ECB will reduce the pace of its asset purchases slightly compared to its average since March, this is a long way from being a 'full taper,'\" said Andrew Kenningham, chief Europe economist at Capital Economics, in a note.</p>\n<p>\"Total asset purchases will probably continue at an average monthly rate of around EUR90 billion per month in the coming quarter, there is still no firm end-date for the emergency purchase program and, for now, the ECB still plans to continue with the standard APP until shortly before it raises interest rates,\" he said.</p>\n<p>The move wasn't unexpected, but it was still significant.</p>\n<p>\"The ECB has taken its first meaningful step towards tapering today,\" said Seema Shah, chief strategist at Principal Global Investors. \"Characteristically, it hasn't tied itself to a specific pace of purchase, instead retaining an element of flexibility which will be helpful in the face of a potential tightening in financial conditions as Fed taper draws near.\"</p>\n<p>Lagarde \"stuck to the script,\" said Claus Vistesen, chief eurozone economist at Pantheon Macroeconomics, in a note. \"The 'moderately slower pace' of PEPP in Q4 is a recalibration, not a taper, a distinction presumably used to avoid the perception that the central bank is on track to reduce the pace of [quantitative easing] to zero.\"</p>\n<p>Meanwhile, Lagarde largely brushed aside questions around the ultimate fate of the PEPP. It appears likely policy makers will face a decision on whether to announce the wind-down of the program at the ECB's December policy meeting, which will feature the next quarterly update of staff macroeconomic forecasts, Vistesen said.</p>\n<p>ECB staff on Thursday raised their forecasts for near-term eurozone growth and inflation. They expect gross domestic product to grow by 5% in 2021, up from a previous forecast of 4.6% in June. Inflation is expected to hit 2.2% in 2021, but soon fall back below the bank's symmetric medium-term target of 2%.</p>\n<p>As expected, the ECB also left interest rates unchanged, with its deposit rate at negative 0.5%. while the main refinancing rate remains at 0%.</p>\n<p>The euro gave up early gains to edge down 0.1% versus the U.S. dollar, trading at $1.1811. The yield on the 10-year German government bond , or bund, was down 3.9 basis points at negative 0.359%. Yields move in the opposite direction of bond prices.</p>\n<p>European equities turned higher as U.S. equities rallied, with the Stoxx Europe 600 up 0.3%.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2166349850","content_text":"Move is a recalibration of monetary stimulus, says ECB president.\n\nEuropean Central Bank President Christine Lagarde argued Thursday that a decision to slow the pace of asset buying under the institution's pandemic emergency program didn't amount to a \"tapering,\" but was instead a mere recalibration of stimulus efforts.\n\"The lady isn't tapering,\" Lagarde said at a news conference following the ECB decision, seemingly echoing late U.K. Prime Minister Margaret Thatcher's 1980 declaration, in response to pressure to reverse her economic policies, that \"the lady is not for turning.\"\nLagarde said the ECB was merely recalibrating the PEPP, under which the bank had accelerated purchases over the past six months in response to a sluggish economic outlook. The \"rebound\" phase of the economic recovery now appears increasingly advanced, she said, though a \"full\" recovery could yet be delayed by the spread of the delta variant of the coronavirus that causes COVID-19.\nIn a statement earlier Thursday, the ECB said that the Governing Council had decided, based on a joint assessment of financing conditions and the inflation outlook, that \"that favorable financing conditions can be maintained with a moderately lower pace of net asset purchases under the PEPP than in the previous two quarters.\"\nLagarde said the decision to moderate the pace was unanimous.\nAt the same time, net purchases under the ECB's separate asset purchase program are set to continue at a monthly pace of EUR20 billion ($23.7 billion), the ECB said. The Governing Council continues to expect monthly net asset purchases under the APP to run for as long as necessary to reinforce the accommodative impact of its policy rates, and to end shortly before it starts raising the key ECB interest rates, the ECB said. PEPP purchases, meanwhile, will continue until at least the end of March 2022, the central bank said, with a total envelope of EUR1.85 trillion.\n\"While today's policy statement confirms that the ECB will reduce the pace of its asset purchases slightly compared to its average since March, this is a long way from being a 'full taper,'\" said Andrew Kenningham, chief Europe economist at Capital Economics, in a note.\n\"Total asset purchases will probably continue at an average monthly rate of around EUR90 billion per month in the coming quarter, there is still no firm end-date for the emergency purchase program and, for now, the ECB still plans to continue with the standard APP until shortly before it raises interest rates,\" he said.\nThe move wasn't unexpected, but it was still significant.\n\"The ECB has taken its first meaningful step towards tapering today,\" said Seema Shah, chief strategist at Principal Global Investors. \"Characteristically, it hasn't tied itself to a specific pace of purchase, instead retaining an element of flexibility which will be helpful in the face of a potential tightening in financial conditions as Fed taper draws near.\"\nLagarde \"stuck to the script,\" said Claus Vistesen, chief eurozone economist at Pantheon Macroeconomics, in a note. \"The 'moderately slower pace' of PEPP in Q4 is a recalibration, not a taper, a distinction presumably used to avoid the perception that the central bank is on track to reduce the pace of [quantitative easing] to zero.\"\nMeanwhile, Lagarde largely brushed aside questions around the ultimate fate of the PEPP. It appears likely policy makers will face a decision on whether to announce the wind-down of the program at the ECB's December policy meeting, which will feature the next quarterly update of staff macroeconomic forecasts, Vistesen said.\nECB staff on Thursday raised their forecasts for near-term eurozone growth and inflation. They expect gross domestic product to grow by 5% in 2021, up from a previous forecast of 4.6% in June. Inflation is expected to hit 2.2% in 2021, but soon fall back below the bank's symmetric medium-term target of 2%.\nAs expected, the ECB also left interest rates unchanged, with its deposit rate at negative 0.5%. while the main refinancing rate remains at 0%.\nThe euro gave up early gains to edge down 0.1% versus the U.S. dollar, trading at $1.1811. The yield on the 10-year German government bond , or bund, was down 3.9 basis points at negative 0.359%. Yields move in the opposite direction of bond prices.\nEuropean equities turned higher as U.S. equities rallied, with the Stoxx Europe 600 up 0.3%.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":3385,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":819554795,"gmtCreate":1630079713517,"gmtModify":1676530220482,"author":{"id":"4087632630520920","authorId":"4087632630520920","name":"mintcookie","avatar":"https://static.tigerbbs.com/5a506061d4a1502e786b64e0a9a943f1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087632630520920","idStr":"4087632630520920"},"themes":[],"htmlText":"Oh","listText":"Oh","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/819554795","repostId":"1123342356","repostType":4,"isVote":1,"tweetType":1,"viewCount":1063,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}