JunHaoT personal page - To The Moon

JunHaoT

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2021-09-05

The only way is up

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2021-09-11

Won't stop apple from moving up

Wall Street ends down, Apple sinks on app store ruling

2021-09-15

Just a temporary dip

Some hot chinese concept stocks slipped in premarket trading

2021-09-16

Both will raise

Apple Vs. Microsoft: Who Is Inclined To Fall Harder In Case Of Correction

2022-01-03

Haha. Huat again

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2021-09-12

Always making new high

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2022-01-09

Apple is just ready

Can Apple Stock Reclaim $3 Trillion And Thrive In 2022?

2021-09-14

IPhone is coming

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2021-09-10

Buy apple

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2021-09-08

Buy

Amazon: Stock Still Attractive With Shift Towards E-Commerce And Cloud Growth

Go to Tiger App to see more news

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waiting for it to lower to buy 😂","listText":"Everyone waiting for it to lower to buy 😂","text":"Everyone waiting for it to lower to buy 😂","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9005319393","repostId":"1138080795","repostType":4,"repost":{"id":"1138080795","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":1642166833,"share":"https://ttm.financial/m/news/1138080795?lang=en_US&edition=fundamental","pubTime":"2022-01-14 21:27","market":"us","language":"en","title":"Tesla slid nearly 2% in premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1138080795","media":"Tiger Newspress","summary":"Tesla slid nearly 2% in premarket trading after pushing back the initial production of Cybertruck to","content":"<html><head></head><body><p>Tesla slid nearly 2% in premarket trading after pushing back the initial production of Cybertruck to early 2023.</p><p><img src=\"https://static.tigerbbs.com/5045b48ec0a3c3ec572ab0bf447e5791\" tg-width=\"1026\" tg-height=\"633\" width=\"100%\" height=\"auto\"/></p><p><a href=\"https://laohu8.com/S/TSLA\">Tesla Inc </a> aims to start initial production of its much-anticipated Cybertruck by the end of the first quarter of 2023, pushing back its plan to begin production late this year, a person familiar with the matter told Reuters on Thursday.</p><p>The delay comes as Tesla is changing features and functions of the electric pickup to make a compelling product as competition heats up in the segment.</p><p></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla slid nearly 2% in premarket trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla slid nearly 2% in premarket trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-01-14 21:27</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Tesla slid nearly 2% in premarket trading after pushing back the initial production of Cybertruck to early 2023.</p><p><img src=\"https://static.tigerbbs.com/5045b48ec0a3c3ec572ab0bf447e5791\" tg-width=\"1026\" tg-height=\"633\" width=\"100%\" height=\"auto\"/></p><p><a href=\"https://laohu8.com/S/TSLA\">Tesla Inc </a> aims to start initial production of its much-anticipated Cybertruck by the end of the first quarter of 2023, pushing back its plan to begin production late this year, a person familiar with the matter told Reuters on Thursday.</p><p>The delay comes as Tesla is changing features and functions of the electric pickup to make a compelling product as competition heats up in the segment.</p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1138080795","content_text":"Tesla slid nearly 2% in premarket trading after pushing back the initial production of Cybertruck to early 2023.Tesla Inc  aims to start initial production of its much-anticipated Cybertruck by the end of the first quarter of 2023, pushing back its plan to begin production late this year, a person familiar with the matter told Reuters on Thursday.The delay comes as Tesla is changing features and functions of the electric pickup to make a compelling product as competition heats up in the segment.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":3325,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9002465201,"gmtCreate":1642074421704,"gmtModify":1676533678103,"author":{"id":"4091088321144510","authorId":"4091088321144510","name":"JunHaoT","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4091088321144510","idStr":"4091088321144510"},"themes":[],"htmlText":"Stock split&nbsp;","listText":"Stock split&nbsp;","text":"Stock split","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9002465201","repostId":"1196267507","repostType":4,"isVote":1,"tweetType":1,"viewCount":2679,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9002692309,"gmtCreate":1641987701934,"gmtModify":1676533669090,"author":{"id":"4091088321144510","authorId":"4091088321144510","name":"JunHaoT","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4091088321144510","idStr":"4091088321144510"},"themes":[],"htmlText":"Up nia&nbsp;","listText":"Up nia&nbsp;","text":"Up nia","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9002692309","repostId":"1128718488","repostType":2,"repost":{"id":"1128718488","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":1641979511,"share":"https://ttm.financial/m/news/1128718488?lang=en_US&edition=fundamental","pubTime":"2022-01-12 17:25","market":"us","language":"en","title":"Tesla Saw 52% Of 2021 Global Deliveries From Giga Shanghai Alone","url":"https://stock-news.laohu8.com/highlight/detail?id=1128718488","media":"Benzinga","summary":"Tesla Inc’sGigaShanghaiaccounted for more than half of the electric vehicle maker’s global deliveries in 2021, cnEVpostreportedon Wednesday, citing the company.What Happened:Tesla’s Giga Shanghai deli","content":"<html><head></head><body><p><b>Tesla Inc’s</b> <b>Giga</b> <b>Shanghai</b> accounted for more than half of the electric vehicle maker’s global deliveries in 2021, cnEVpostreportedon Wednesday, citing the company.</p><p><b>What Happened:</b>Tesla’s Giga Shanghai delivered 484,130 units last year — a three-fold jump over 2020 — and contributed about 52% volume to the company&#39;s global deliveries.</p><p>The <b>Elon Musk</b>-led company’s global deliveries jumped 87% to 936,000 electric vehicles last year.</p><p>Giga Shanghai shipped out a total of 160,000 electric vehicles last year to meet export demand in over 10 countries, including those in Europe and Asia. It shipped out over 130,000 Model 3s, the most affordable electric sedan in Tesla’s portfolio.</p><p>The development comes a day after Tesla’s China sales jumped nearly three-fold to reach a record 70,847 units in December, the report noted, citing China Passenger Car Association data.</p><p><b>Why It Matters:</b>Giga Shanghai commenced production in December 2019, a year after construction began at the site. Built with an investment of $2 billion, the manufacturing site has quickly become a key element in Tesla&#39;s production strategy.</p><p>Besides Shanghai, Tesla currently makes cars in Fremont, California. Two other plants - Giga Berlin and Giga Texas — are expected to significantly boost production and volumes when they come online.</p><p><b>Price Action:</b>Tesla shares closed 0.6% higher at $1,064.4 a share on Tuesday.</p><p></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Saw 52% Of 2021 Global Deliveries From Giga Shanghai Alone</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Saw 52% Of 2021 Global Deliveries From Giga Shanghai Alone\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2022-01-12 17:25</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><b>Tesla Inc’s</b> <b>Giga</b> <b>Shanghai</b> accounted for more than half of the electric vehicle maker’s global deliveries in 2021, cnEVpostreportedon Wednesday, citing the company.</p><p><b>What Happened:</b>Tesla’s Giga Shanghai delivered 484,130 units last year — a three-fold jump over 2020 — and contributed about 52% volume to the company&#39;s global deliveries.</p><p>The <b>Elon Musk</b>-led company’s global deliveries jumped 87% to 936,000 electric vehicles last year.</p><p>Giga Shanghai shipped out a total of 160,000 electric vehicles last year to meet export demand in over 10 countries, including those in Europe and Asia. It shipped out over 130,000 Model 3s, the most affordable electric sedan in Tesla’s portfolio.</p><p>The development comes a day after Tesla’s China sales jumped nearly three-fold to reach a record 70,847 units in December, the report noted, citing China Passenger Car Association data.</p><p><b>Why It Matters:</b>Giga Shanghai commenced production in December 2019, a year after construction began at the site. Built with an investment of $2 billion, the manufacturing site has quickly become a key element in Tesla&#39;s production strategy.</p><p>Besides Shanghai, Tesla currently makes cars in Fremont, California. Two other plants - Giga Berlin and Giga Texas — are expected to significantly boost production and volumes when they come online.</p><p><b>Price Action:</b>Tesla shares closed 0.6% higher at $1,064.4 a share on Tuesday.</p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128718488","content_text":"Tesla Inc’s Giga Shanghai accounted for more than half of the electric vehicle maker’s global deliveries in 2021, cnEVpostreportedon Wednesday, citing the company.What Happened:Tesla’s Giga Shanghai delivered 484,130 units last year — a three-fold jump over 2020 — and contributed about 52% volume to the company's global deliveries.The Elon Musk-led company’s global deliveries jumped 87% to 936,000 electric vehicles last year.Giga Shanghai shipped out a total of 160,000 electric vehicles last year to meet export demand in over 10 countries, including those in Europe and Asia. It shipped out over 130,000 Model 3s, the most affordable electric sedan in Tesla’s portfolio.The development comes a day after Tesla’s China sales jumped nearly three-fold to reach a record 70,847 units in December, the report noted, citing China Passenger Car Association data.Why It Matters:Giga Shanghai commenced production in December 2019, a year after construction began at the site. Built with an investment of $2 billion, the manufacturing site has quickly become a key element in Tesla's production strategy.Besides Shanghai, Tesla currently makes cars in Fremont, California. Two other plants - Giga Berlin and Giga Texas — are expected to significantly boost production and volumes when they come online.Price Action:Tesla shares closed 0.6% higher at $1,064.4 a share on Tuesday.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":3637,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9006483127,"gmtCreate":1641819218612,"gmtModify":1676533650481,"author":{"id":"4091088321144510","authorId":"4091088321144510","name":"JunHaoT","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4091088321144510","idStr":"4091088321144510"},"themes":[],"htmlText":"SG go go go&nbsp;","listText":"SG go go go&nbsp;","text":"SG go go go","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9006483127","repostId":"1119776278","repostType":4,"isVote":1,"tweetType":1,"viewCount":2984,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9006613357,"gmtCreate":1641706037097,"gmtModify":1676533641727,"author":{"id":"4091088321144510","authorId":"4091088321144510","name":"JunHaoT","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4091088321144510","idStr":"4091088321144510"},"themes":[],"htmlText":"Apple is just ready&nbsp;","listText":"Apple is just ready&nbsp;","text":"Apple is just ready","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9006613357","repostId":"1198290127","repostType":4,"repost":{"id":"1198290127","kind":"news","pubTimestamp":1641702682,"share":"https://ttm.financial/m/news/1198290127?lang=en_US&edition=fundamental","pubTime":"2022-01-09 12:31","market":"us","language":"en","title":"Can Apple Stock Reclaim $3 Trillion And Thrive In 2022?","url":"https://stock-news.laohu8.com/highlight/detail?id=1198290127","media":"TheStreet","summary":"A market cap of $3 trillion has, so far, proven to be a ceiling that Apple stock does not seem ready","content":"<html><head></head><body><p>A market cap of $3 trillion has, so far, proven to be a ceiling that Apple stock does not seem ready to break through yet. Can shares reclaim the milestone soon and head higher in 2022?</p><p>Recently, Apple stock flirted with $3 trillion in market cap, but quickly dipped below $2.9 trillion — as the broad market reacted to monetary tightening that should now happen more rapidly than previously expected.</p><p>Can shares of the Cupertino company finally find its way north in 2022 and meet the expectations of so many bulls on Wall Street? Or will bearishness take over during a year of rising interest rates and lingering inflation?</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1f77cd919bf55f9c7b79f631b0255910\" tg-width=\"1240\" tg-height=\"697\" referrerpolicy=\"no-referrer\"/><span>Figure 1: Apple Park in Cupertino, CA.</span></p><p><b>AAPL: the bull case</b></p><p>As Apple stock climbed viciously between late November and early December, many Wall Street experts piled on in support of “AAPL $3T”. Wedbush’s Dan Ives, for example, has been talking about the market cap milestone since our conversation in Q3 of last year, at least.</p><p>But other analysts have also hopped on the bullish bandwagon recently. Morgan Stanley upped its price target to $200 per share in November, while the JPMorgan research team saw Apple stock heading to $3.5 trillion in market cap over the next 12 months.</p><p>One of the most vocal optimists came from the buy side. Loup’s Gene Munster thought that his previous price target had quickly become stale, and that $250 per share now seemed more reasonable. In his opinion, the multi-year opportunity in the metaverse will gain investor appreciation in the new year, which should reignite momentum that the stock had lost in the last few weeks of 2021.</p><p><b>AAPL: the bear case</b></p><p>Despite the upbeat expectations described above, mostly supported by company-specific factors, the market rolled into 2022 with its guard up. The boogieman of the moment seems to be the Federal Reserve’s anticipated reaction to near-full employment and sticky inflation, which should lead to higher interest rates in the next several months.</p><p>I have recently explained how tighter money supply can spell trouble for stocks that trade for relatively high multiples. While AAPL is no Tesla or Rivian, the stock’s forward P/E of nearly 30 times and only modest earnings growth expectations could be a drag for share price in 2022, as investors look for better deals in value and cyclical stocks.</p><p><b>The Apple Maven’s take</b></p><p>I continue to think that Apple is a great stock to buy and hold for the long term. Under the leadership of a CEO (and former COO) that is driven by operational excellence, the company seems to be in very good hands. Better yet, demand for Apple’s products and services, as well as consumer appreciation for the brand, seem to be at or near an all-time high.</p><p>That said, the setup for the first few weeks or months of 2022 looks challenging to me. Apple stock climbed relentlessly in 2020, and then again last year. Aided by a spike in pandemic-driven demand for tech devices and lavish liquidity in the system, AAPL recorded one of its best three years of returns ever between 2019 and 2021.</p><p>As much as the metaverse and autonomous vehicles can and likely will support the company’s financial results over the next many years, I think that AAPL stock is overdue for a breather. While shares will likely climb back above $3 trillion and head much higher from there eventually, I am not so confident that this rally will happen in the immediate future.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Can Apple Stock Reclaim $3 Trillion And Thrive In 2022?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCan Apple Stock Reclaim $3 Trillion And Thrive In 2022?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-09 12:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/apple/stock/can-apple-stock-reclaim-3-trillion-and-thrive-in-2022><strong>TheStreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A market cap of $3 trillion has, so far, proven to be a ceiling that Apple stock does not seem ready to break through yet. Can shares reclaim the milestone soon and head higher in 2022?Recently, Apple...</p>\n\n<a href=\"https://www.thestreet.com/apple/stock/can-apple-stock-reclaim-3-trillion-and-thrive-in-2022\">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/stock/can-apple-stock-reclaim-3-trillion-and-thrive-in-2022","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1198290127","content_text":"A market cap of $3 trillion has, so far, proven to be a ceiling that Apple stock does not seem ready to break through yet. Can shares reclaim the milestone soon and head higher in 2022?Recently, Apple stock flirted with $3 trillion in market cap, but quickly dipped below $2.9 trillion — as the broad market reacted to monetary tightening that should now happen more rapidly than previously expected.Can shares of the Cupertino company finally find its way north in 2022 and meet the expectations of so many bulls on Wall Street? Or will bearishness take over during a year of rising interest rates and lingering inflation?Figure 1: Apple Park in Cupertino, CA.AAPL: the bull caseAs Apple stock climbed viciously between late November and early December, many Wall Street experts piled on in support of “AAPL $3T”. Wedbush’s Dan Ives, for example, has been talking about the market cap milestone since our conversation in Q3 of last year, at least.But other analysts have also hopped on the bullish bandwagon recently. Morgan Stanley upped its price target to $200 per share in November, while the JPMorgan research team saw Apple stock heading to $3.5 trillion in market cap over the next 12 months.One of the most vocal optimists came from the buy side. Loup’s Gene Munster thought that his previous price target had quickly become stale, and that $250 per share now seemed more reasonable. In his opinion, the multi-year opportunity in the metaverse will gain investor appreciation in the new year, which should reignite momentum that the stock had lost in the last few weeks of 2021.AAPL: the bear caseDespite the upbeat expectations described above, mostly supported by company-specific factors, the market rolled into 2022 with its guard up. The boogieman of the moment seems to be the Federal Reserve’s anticipated reaction to near-full employment and sticky inflation, which should lead to higher interest rates in the next several months.I have recently explained how tighter money supply can spell trouble for stocks that trade for relatively high multiples. While AAPL is no Tesla or Rivian, the stock’s forward P/E of nearly 30 times and only modest earnings growth expectations could be a drag for share price in 2022, as investors look for better deals in value and cyclical stocks.The Apple Maven’s takeI continue to think that Apple is a great stock to buy and hold for the long term. Under the leadership of a CEO (and former COO) that is driven by operational excellence, the company seems to be in very good hands. Better yet, demand for Apple’s products and services, as well as consumer appreciation for the brand, seem to be at or near an all-time high.That said, the setup for the first few weeks or months of 2022 looks challenging to me. Apple stock climbed relentlessly in 2020, and then again last year. Aided by a spike in pandemic-driven demand for tech devices and lavish liquidity in the system, AAPL recorded one of its best three years of returns ever between 2019 and 2021.As much as the metaverse and autonomous vehicles can and likely will support the company’s financial results over the next many years, I think that AAPL stock is overdue for a breather. While shares will likely climb back above $3 trillion and head much higher from there eventually, I am not so confident that this rally will happen in the immediate future.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":3201,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9006112727,"gmtCreate":1641637137407,"gmtModify":1676533636566,"author":{"id":"4091088321144510","authorId":"4091088321144510","name":"JunHaoT","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4091088321144510","idStr":"4091088321144510"},"themes":[],"htmlText":"Going up again","listText":"Going up again","text":"Going up again","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9006112727","repostId":"1150907621","repostType":4,"repost":{"id":"1150907621","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":1641607621,"share":"https://ttm.financial/m/news/1150907621?lang=en_US&edition=fundamental","pubTime":"2022-01-08 10:07","market":"us","language":"en","title":"Tesla Semis Could Be Delivered To PepsiCo In Late January","url":"https://stock-news.laohu8.com/highlight/detail?id=1150907621","media":"Benzinga","summary":"Electric vehicle giantTesla Incsurprised investors and customers in 2021 with an announcement that the highly anticipatedTesla Semiwould be delayed. A new report shows Semi deliveries could be just ar","content":"<html><head></head><body><p>Electric vehicle giant <b>Tesla Inc</b> surprised investors and customers in 2021 with an announcement that the highly anticipated <b>Tesla Semi</b> would be delayed. A new report shows Semi deliveries could be just around the corner.</p><p><img src=\"https://static.tigerbbs.com/9e0d630cfe6e37cabddb2883f1e52636\" tg-width=\"685\" tg-height=\"375\" width=\"100%\" height=\"auto\"/></p><p><b>What Happened:</b>A <b>Frito-Lay</b> facility in Modesto, California received Tesla Megachargers recently and is set to receive deliveries of Tesla Semis.</p><p>The <b>PepsiCo, Inc.</b> facility could receive Tesla Semis later this month, according to a report from Drive Tesla. Photos show Megachargers ready for installation and some in packaging. A Megapack battery storage system is also installed at the facility.</p><p><b>“After receiving these photos we were able to confirm with one of our sources that PepsiCo has been told to expect to receive all 15 Tesla Semis before the end of January,”</b>Drive Tesla said.</p><p>PepsiCo announced in a press release in March 2021 they would take delivery of 15 Tesla Semis before the end of 2021.</p><p>Tesla announced it was delaying the Tesla Semi during the second-quarter earnings release in 2021. Tesla CEO <b>Elon Musk</b> cited limited battery supply as one of the reasons for the Tesla Semi delay.</p><p>Despite the announced delays, PepsiCo CEO <b>Ramon Laguarta</b> shared in a CNBC interview in November 2021 that the company would be receiving Tesla Semis soon.</p><p>“We are getting our first deliveries this Q4,” Laguarta said.</p><p><b>Why It’s Important:</b>The comments from Laguarta suggested that Pepsi could have a different timeline than other companies or have preferred status from Tesla.</p><p>The purchase of Tesla Semis is one of several planned initiatives by PepsiCo to reduce its carbon emissions in the future, Laguarta added.</p><p>Pepsi is one of several large companies that have pledged to order Tesla Semis in the future. Pepsi placed an initial order for 100 Tesla Semis in 2017.</p><p>Tesla delayed the Tesla Semi into 2022 and new reports by the end of 2021 suggested Tesla Semis would not be delivered until 2023.</p><p><b>If reports hold true and PepsiCo receives its 15 Tesla Semis, it could lead to an improved timeline. But, it might be a one-off event possibly based on an exclusive deal or certain terms.</b></p><p>Tesla could see an increase in orders after its Tesla Semi is delivered. The event could also lead to public comments from PepsiCo that could lead to increased brand awareness of the semi-truck.</p><p>Investors and analysts eagerly await more updates on the Tesla Semi.</p><p><b>TSLA Price Action:</b>Tesla shares closed lower 3.54% at $1,026.96 on Friday.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Semis Could Be Delivered To PepsiCo In Late January</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Semis Could Be Delivered To PepsiCo In Late January\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2022-01-08 10:07</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Electric vehicle giant <b>Tesla Inc</b> surprised investors and customers in 2021 with an announcement that the highly anticipated <b>Tesla Semi</b> would be delayed. A new report shows Semi deliveries could be just around the corner.</p><p><img src=\"https://static.tigerbbs.com/9e0d630cfe6e37cabddb2883f1e52636\" tg-width=\"685\" tg-height=\"375\" width=\"100%\" height=\"auto\"/></p><p><b>What Happened:</b>A <b>Frito-Lay</b> facility in Modesto, California received Tesla Megachargers recently and is set to receive deliveries of Tesla Semis.</p><p>The <b>PepsiCo, Inc.</b> facility could receive Tesla Semis later this month, according to a report from Drive Tesla. Photos show Megachargers ready for installation and some in packaging. A Megapack battery storage system is also installed at the facility.</p><p><b>“After receiving these photos we were able to confirm with one of our sources that PepsiCo has been told to expect to receive all 15 Tesla Semis before the end of January,”</b>Drive Tesla said.</p><p>PepsiCo announced in a press release in March 2021 they would take delivery of 15 Tesla Semis before the end of 2021.</p><p>Tesla announced it was delaying the Tesla Semi during the second-quarter earnings release in 2021. Tesla CEO <b>Elon Musk</b> cited limited battery supply as one of the reasons for the Tesla Semi delay.</p><p>Despite the announced delays, PepsiCo CEO <b>Ramon Laguarta</b> shared in a CNBC interview in November 2021 that the company would be receiving Tesla Semis soon.</p><p>“We are getting our first deliveries this Q4,” Laguarta said.</p><p><b>Why It’s Important:</b>The comments from Laguarta suggested that Pepsi could have a different timeline than other companies or have preferred status from Tesla.</p><p>The purchase of Tesla Semis is one of several planned initiatives by PepsiCo to reduce its carbon emissions in the future, Laguarta added.</p><p>Pepsi is one of several large companies that have pledged to order Tesla Semis in the future. Pepsi placed an initial order for 100 Tesla Semis in 2017.</p><p>Tesla delayed the Tesla Semi into 2022 and new reports by the end of 2021 suggested Tesla Semis would not be delivered until 2023.</p><p><b>If reports hold true and PepsiCo receives its 15 Tesla Semis, it could lead to an improved timeline. But, it might be a one-off event possibly based on an exclusive deal or certain terms.</b></p><p>Tesla could see an increase in orders after its Tesla Semi is delivered. The event could also lead to public comments from PepsiCo that could lead to increased brand awareness of the semi-truck.</p><p>Investors and analysts eagerly await more updates on the Tesla Semi.</p><p><b>TSLA Price Action:</b>Tesla shares closed lower 3.54% at $1,026.96 on Friday.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150907621","content_text":"Electric vehicle giant Tesla Inc surprised investors and customers in 2021 with an announcement that the highly anticipated Tesla Semi would be delayed. A new report shows Semi deliveries could be just around the corner.What Happened:A Frito-Lay facility in Modesto, California received Tesla Megachargers recently and is set to receive deliveries of Tesla Semis.The PepsiCo, Inc. facility could receive Tesla Semis later this month, according to a report from Drive Tesla. Photos show Megachargers ready for installation and some in packaging. A Megapack battery storage system is also installed at the facility.“After receiving these photos we were able to confirm with one of our sources that PepsiCo has been told to expect to receive all 15 Tesla Semis before the end of January,”Drive Tesla said.PepsiCo announced in a press release in March 2021 they would take delivery of 15 Tesla Semis before the end of 2021.Tesla announced it was delaying the Tesla Semi during the second-quarter earnings release in 2021. Tesla CEO Elon Musk cited limited battery supply as one of the reasons for the Tesla Semi delay.Despite the announced delays, PepsiCo CEO Ramon Laguarta shared in a CNBC interview in November 2021 that the company would be receiving Tesla Semis soon.“We are getting our first deliveries this Q4,” Laguarta said.Why It’s Important:The comments from Laguarta suggested that Pepsi could have a different timeline than other companies or have preferred status from Tesla.The purchase of Tesla Semis is one of several planned initiatives by PepsiCo to reduce its carbon emissions in the future, Laguarta added.Pepsi is one of several large companies that have pledged to order Tesla Semis in the future. Pepsi placed an initial order for 100 Tesla Semis in 2017.Tesla delayed the Tesla Semi into 2022 and new reports by the end of 2021 suggested Tesla Semis would not be delivered until 2023.If reports hold true and PepsiCo receives its 15 Tesla Semis, it could lead to an improved timeline. But, it might be a one-off event possibly based on an exclusive deal or certain terms.Tesla could see an increase in orders after its Tesla Semi is delivered. The event could also lead to public comments from PepsiCo that could lead to increased brand awareness of the semi-truck.Investors and analysts eagerly await more updates on the Tesla Semi.TSLA Price Action:Tesla shares closed lower 3.54% at $1,026.96 on Friday.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":2869,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9008745742,"gmtCreate":1641536111185,"gmtModify":1676533626789,"author":{"id":"4091088321144510","authorId":"4091088321144510","name":"JunHaoT","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4091088321144510","idStr":"4091088321144510"},"themes":[],"htmlText":"Buy dip dip","listText":"Buy dip dip","text":"Buy dip dip","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9008745742","repostId":"1137220403","repostType":4,"repost":{"id":"1137220403","kind":"news","pubTimestamp":1641526606,"share":"https://ttm.financial/m/news/1137220403?lang=en_US&edition=fundamental","pubTime":"2022-01-07 11:36","market":"us","language":"en","title":"Nvidia Stock Faces Short-Term Pressures. Why It’s Still a Buy.","url":"https://stock-news.laohu8.com/highlight/detail?id=1137220403","media":"Barrons","summary":"Shares of Nvidia rose Thursday, in defiance to a Truist analyst’s price target cut.Analyst William S","content":"<html><head></head><body><p>Shares of Nvidia rose Thursday, in defiance to a Truist analyst’s price target cut.</p><p>Analyst William Stein cut his price target on the chip manufacturer to $350 from $389. Despite the price cut, he remained bullish on the company, reiterating his Buy rating on the stock.</p><p>“Recent takeaways are constructive, but we are lowering our PT based on growth stock multiple pressure,” Stein wrote in a research note Thursday.</p><p>Nvidia (ticker:NVDA) recently announced new products and partnerships across the gaming, professional visualization, and automotive end markets that continue to suggest an upside for the company in the long-term, Stein said.</p><p>In the short term, Stein believes availability for gaming GPUs should improve mid-year as shortage strains begin to subside, providing a significant upside. Nvidia executives also signaled that they would expand the company’s addressable market to include new product categories like the Omniverse and enterprise software.</p><p>The company could also start ramping up its revenue for its autonomous driving initiatives, Stein added. Nvidia expects to begin executing its $8 billion driving pipeline through 2027, which will include designs for robotaxis and trucking.</p><p>Nvidia stock closed higher 2.1% at $281.78 on Thursday. The shares tumbled Wednesday after the Federal Reserve’s policy meeting minutes from December suggested that the central bank would raise interest rates earlier and faster.</p></body></html>","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>Nvidia Stock Faces Short-Term Pressures. Why It’s Still a Buy.</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\">\nNvidia Stock Faces Short-Term Pressures. Why It’s Still a Buy.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-07 11:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/nvidia-stock-price-buy-price-target-cut-51641472688?mod=RTA><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of Nvidia rose Thursday, in defiance to a Truist analyst’s price target cut.Analyst William Stein cut his price target on the chip manufacturer to $350 from $389. Despite the price cut, he ...</p>\n\n<a href=\"https://www.barrons.com/articles/nvidia-stock-price-buy-price-target-cut-51641472688?mod=RTA\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"https://www.barrons.com/articles/nvidia-stock-price-buy-price-target-cut-51641472688?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137220403","content_text":"Shares of Nvidia rose Thursday, in defiance to a Truist analyst’s price target cut.Analyst William Stein cut his price target on the chip manufacturer to $350 from $389. Despite the price cut, he remained bullish on the company, reiterating his Buy rating on the stock.“Recent takeaways are constructive, but we are lowering our PT based on growth stock multiple pressure,” Stein wrote in a research note Thursday.Nvidia (ticker:NVDA) recently announced new products and partnerships across the gaming, professional visualization, and automotive end markets that continue to suggest an upside for the company in the long-term, Stein said.In the short term, Stein believes availability for gaming GPUs should improve mid-year as shortage strains begin to subside, providing a significant upside. Nvidia executives also signaled that they would expand the company’s addressable market to include new product categories like the Omniverse and enterprise software.The company could also start ramping up its revenue for its autonomous driving initiatives, Stein added. Nvidia expects to begin executing its $8 billion driving pipeline through 2027, which will include designs for robotaxis and trucking.Nvidia stock closed higher 2.1% at $281.78 on Thursday. The shares tumbled Wednesday after the Federal Reserve’s policy meeting minutes from December suggested that the central bank would raise interest rates earlier and faster.","news_type":1,"symbols_score_info":{"NVDA":0.9}},"isVote":1,"tweetType":1,"viewCount":2871,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9008252334,"gmtCreate":1641468621436,"gmtModify":1676533618094,"author":{"id":"4091088321144510","authorId":"4091088321144510","name":"JunHaoT","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4091088321144510","idStr":"4091088321144510"},"themes":[],"htmlText":"Go sea&nbsp;","listText":"Go sea&nbsp;","text":"Go sea","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9008252334","repostId":"2201665872","repostType":4,"repost":{"id":"2201665872","kind":"highlight","pubTimestamp":1641483107,"share":"https://ttm.financial/m/news/2201665872?lang=en_US&edition=fundamental","pubTime":"2022-01-06 23:31","market":"us","language":"en","title":"3 Game-Changing Stocks that Could Soar 61% to 99% in 2022, According to Wall Street","url":"https://stock-news.laohu8.com/highlight/detail?id=2201665872","media":"Motley Fool","summary":"Analysts look for explosive returns from these growth stocks.","content":"<div>\n<p>No one really knows how much a given stock will go up or down in the future. However, Wall Street analysts are paid handsome salaries to crunch numbers to put forward their best estimates on how ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/01/06/3-game-changing-stocks-soar-in-2022-wall-street/\">Source Link</a>\n\n</div>\n","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Game-Changing Stocks that Could Soar 61% to 99% in 2022, According to Wall Street</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Game-Changing Stocks that Could Soar 61% to 99% in 2022, According to Wall Street\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-06 23:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/01/06/3-game-changing-stocks-soar-in-2022-wall-street/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>No one really knows how much a given stock will go up or down in the future. However, Wall Street analysts are paid handsome salaries to crunch numbers to put forward their best estimates on how ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/01/06/3-game-changing-stocks-soar-in-2022-wall-street/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4551":"寇图资本持仓","BK4566":"资本集团","MELI":"MercadoLibre","SE":"Sea Ltd","BK4567":"ESG概念","BK4085":"互动家庭娱乐","TDOC":"Teladoc Health Inc.","BK4534":"瑞士信贷持仓","BK4548":"巴美列捷福持仓","BK4535":"淡马锡持仓","BK4554":"元宇宙及AR概念","BK4167":"医疗保健技术","BK4503":"景林资产持仓","BK4122":"互联网与直销零售","BK4504":"桥水持仓"},"source_url":"https://www.fool.com/investing/2022/01/06/3-game-changing-stocks-soar-in-2022-wall-street/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2201665872","content_text":"No one really knows how much a given stock will go up or down in the future. However, Wall Street analysts are paid handsome salaries to crunch numbers to put forward their best estimates on how stocks will perform.It's not a bad idea to check out the stocks for which analysts are the most bullish. That's especially the case when the underlying businesses of those companies are highly innovative. Here are three game-changing stocks that could soar between 61% and 99% in 2022, according to Wall Street.1. Sea LimitedWall Street analysts really love Sea Limited (NYSE:SE). The consensus 12-month price target for the stock reflects an upside potential of close to 99% above the current share price.Sea's biggest shareholder doesn't appear to be as optimistic. The stock fell on Tuesday after Tencent Holdings sold 14.5 million shares of Sea Limited. However, Tencent could have other reasons to sell part of its stake that don't relate to Sea's prospects. And it still owns 18.8% of the company, so Tencent clearly isn't extremely bearish about Sea.The facts seem to be on Wall Street's side in this case. Sea Limited continues to generate sizzling growth. Its monster hit game Free Fire ranked No. 2 in the third quarter, based on average monthly active users on Alphabet's Google Play, according to data from App Annie.Sea's greatest growth prospects, though, could be in e-commerce and digital payments. The company's Shopee e-commerce platform was the top Google Play shopping app in Q3, based on time spent in the app. This success is also helping boost the SeaMoney mobile wallet.2. Teladoc HealthTeladoc Health (NYSE:TDOC) performed abysmally in 2021, with its shares plunging more than 50%. But analysts think the healthcare stock could make a major comeback this year. The average price target for Teladoc is roughly 77% higher than its current share price.Why does Wall Street still like Teladoc so much? The positive outlook reflects both near-term potential catalysts and significant long-term opportunities.New contracts with large health insurers should boost Teladoc's revenue in 2022. One of those is an agreement to make the Primary360 virtual primary-care service available to Aetna's self-insured employers across the U.S.Over the longer term, the virtual-care market could expand dramatically. Global consulting firm McKinsey & Company even estimates that up to $250 billion of U.S. healthcare spending could shift to virtual care. Even if that projection is overly optimistic, Teladoc should have a huge opportunity in the years to come.3. MercadoLibreMercadoLibre (NASDAQ:MELI) stands out as another Wall Street favorite that underwhelmed in 2021. The e-commerce stock fell nearly 20%. However, analysts foresee a much better new year: The consensus price target for MercadoLibre is more than 61% above the current share price.There are plenty of reasons to believe that the analysts are right about this stock. MercadoLibre's business continues to fire on all cylinders.In particular, gross merchandise volume on its flagship e-commerce platform jumped 29.7% year over year in Q3 on a constant-currency basis to $7.3 billion. That's especially impressive considering the tough comparisons versus 2020 with a surge in online shopping due to the pandemic.MercadoLibre should have plenty of room to grow even more. The Latin American e-commerce market-penetration rate is expected to double by 2025, according to Morgan Stanley. MercadoLibre also believes that it's \"only the beginning\" for its fast-growing fintech business.","news_type":1,"symbols_score_info":{"MELI":0.6,"TDOC":1,"SE":1}},"isVote":1,"tweetType":1,"viewCount":3529,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9008343681,"gmtCreate":1641373275394,"gmtModify":1676533607038,"author":{"id":"4091088321144510","authorId":"4091088321144510","name":"JunHaoT","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4091088321144510","idStr":"4091088321144510"},"themes":[],"htmlText":"Go nvida","listText":"Go nvida","text":"Go nvida","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9008343681","repostId":"1155972670","repostType":4,"repost":{"id":"1155972670","kind":"news","pubTimestamp":1641364775,"share":"https://ttm.financial/m/news/1155972670?lang=en_US&edition=fundamental","pubTime":"2022-01-05 14:39","market":"us","language":"en","title":"Nvidia's Bull Run May Continue, But Micron Is A Better Pick","url":"https://stock-news.laohu8.com/highlight/detail?id=1155972670","media":"Seeking Alpha","summary":"SummaryNvidia and Micron are two semiconductor giants, but Nvidia has been a better performer and a ","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>Nvidia and Micron are two semiconductor giants, but Nvidia has been a better performer and a more popular stock lately.</li><li>Although Nvidia&#39;s semiconductors are irreplaceable, their past growth rate appears unsustainable.</li><li>On the other hand, Micron&#39;s bull run could just be getting started, and its growth is becoming less cyclical.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6691b70fdc966ffa4fdf41f48e2288a1\" tg-width=\"1536\" tg-height=\"1024\" width=\"100%\" height=\"auto\"/><span>Jae Young Ju/iStock via Getty Images</span></p><p><b>Thesis</b></p><p>Both NVIDIA (NASDAQ:NVDA) and Micron (NASDAQ:MU) are semiconductor giants benefiting from strong growth trends in data centers, self-driving cars, and other high tech fields. From a purely business perspective, Nvidia&#39;s capital-light operations and market leadership make it preferable. However, at a 6x cheaper valuation, Micron is the better buy now.</p><p><b>Introduction</b></p><p>Nvidia&#39;s bull run over the past couple years made it by far the most valuable semiconductor company. In fact, it&#39;s now the 8th most valuable company in the world. Among semiconductor companies, only TSMC (NYSE:TSM) joins it in the top 25. This status has given Nvidia a reputation as the premier &#34;picks and shovels&#34; play of futuristic tech.</p><p>It&#39;s certainly true that Nvidia is<i>a</i>picks and shovels play. Nvidia&#39;s GPUs - which specialize in highly parallelized computing like graphics - are increasingly important in areas like data centers, cryptocurrency mining, and self-driving cars. Companies like Meta (NASDAQ:FB) are ramping up spending in these fields, which in Meta&#39;s case reportedly includes an all-in bet on Nvidia&#39;s GPUs. Widespread demand created a shortage of Nvidia products and drove the bull run that 6xed the stock from its March 2020 lows.</p><p>However, over half of that performance was driven by multiple expansion. Nvidia bottomed at 35 P/E in 2020, and now stands at nearly 100. This lofty multiple makes Nvidia look much further ahead of its semiconductor peers than it actually is.</p><p>To illustrate, Micron - which at a $104B market cap and P/E of 14 has flown comparatively under the radar - actually has more revenue than Nvidia. In the last 12 months, they brought in $27.7B compared to $24.3B from Nvidia. If Nvidia&#39;s P/E was applied to Micron, it would have a $713B market cap... just 5.6% smaller than Nvidia&#39;s.</p><p>From a business perspective, there&#39;s not much similarity between these two companies besides the fact that they both design semiconductors.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/200b841ba17e382317f5508778ebf9ff\" tg-width=\"640\" tg-height=\"394\" width=\"100%\" height=\"auto\"/><span>Source: Statista</span></p><p>Nvidia focuses on GPUs, a product that it invented. It has 83% market share, excluding integrated GPUs where Intel leads. This market share is partially protected by intellectual property.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d0ecfd56031c9bfeb18ff874dc722363\" tg-width=\"640\" tg-height=\"394\" width=\"100%\" height=\"auto\"/><span>Source: TECHDesign</span></p><p>On the other hand, Micron is a distant third in DRAM market share and only fifth in the crowded NAND space. Unlike Nvidia, Micron manufactures chips in addition to designing them and doesn&#39;t seem to have a noteworthy advantage when it comes to intellectual property.</p><p>DRAM and NAND are two types of memory chips. While GPUs specialize in performing a lot of operations very quickly, memory chips focus on storing a lot of information.</p><p>Memory chips are used alongside GPUs, and don&#39;t compete directly with them. Micron is partnered with Nvidia on a variety of offerings, helping both companies benefit from the same growth trends. In particular, both companies have highlighted AI, 5G, IoT, gaming, industrial, blockchain, the metaverse, and auto as areas that will drive future growth.</p><p>In the rest of this article, I&#39;ll explain why Nvidia&#39;s growth rate over the past year may not be sustainable, while Micron&#39;s future growth may be even better than it was in the past.</p><p><b>Nvidia&#39;s Growth Trajectory</b></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/74dbfacbd6ae03fb40883b5dfea2bbf8\" tg-width=\"640\" tg-height=\"76\" width=\"100%\" height=\"auto\"/><span>Source: Seeking Alpha</span></p><p>According to Seeking Alpha, analysts project a 16-18% revenue and earnings CAGR for Nvidia over the next two years. For comparison, Nvidia is wrapping up a year where it will have grown earnings by about 73%.</p><p>What&#39;s causing the deceleration? One place to look is prior to 2021. Between 2005 and 2020, Nvidia&#39;s revenue grew at a CAGR of 12%. Adding 2021&#39;s historic growth brings it to 14% CAGR. So analysts are projecting slightly elevated growth relative to historic levels, which I think is reasonable. This level of growth is very impressive, and it was enough for Nvidia to generate strong returns even prior to this year.</p><p>This growth is also above the industry average. Since 2008, the only large cap semiconductor company with a revenue CAGR above 15% is Broadcom (NASDAQ:AVGO), which only broke this threshold due to acquisitions. Keep in mind that this is during the biggest tech bull run ever.</p><p>Famous investor Peter Lynch was skeptical of any company growing faster than 20% because of the difficulty of sustaining that growth, and the lack of exceptions to this rule in the semiconductor industry seems to prove him right. (There are plenty of exceptions in software though.)</p><p>At nearly 100 P/E and growing off of its largest revenue base ever, 2021 will be a difficult act for Nvidia to follow. Nvidia will have to grow significantly faster than 18% per year to justify its valuation relative to peers, since 18% growth would still put its PEG ratio above 5. If Nvidia delivers on its projected growth and trades flat for the next two years, it will have a<i>forward</i>P/E of 49.</p><p>It&#39;s also worth noting that semiconductor revenue is cyclical, so this isn&#39;t the first time that Nvidia has experienced strong growth. In both 2008 and 2018, Nvidia had growth of 34% of higher, but those years were followed by growth of -16% and 21% in the next year.</p><p>Just to highlight one area where growth doesn&#39;t look sustainable, Nvidia benefited from the increasing popularity of cryptocurrency in 2021. Nvidia has stated that it doesn&#39;t have visibility into exactly how much demand from crypto impacts revenue, but its products are used to mine cryptocurrency like Bitcoin (BTC-USD).</p><p>I&#39;m certainly not so bold as to call a top in Bitcoin, but historically it has been the case that the year after a halving has marked the start of a Bitcoin bear market. Additionally, altcoins that use proof of stake (including Ethereum, which will switch to proof of stake in 2022) have been gaining market share on Bitcoin. Proof of stake doesn&#39;t need Nvidia&#39;s GPUs because it doesn&#39;t do as much computation.</p><p>Micron benefits from cryptocurrency as well, since miners need a lot of power and a lot of memory. But the market&#39;s perception seems to be that Nvidia benefits more based on the well publicized GPU shortages related to mining, which could negatively impact Nvidia&#39;s stock if Bitcoin crashes. Additionally, Micron would not be as impacted by a switch to proof of stake.</p><p>Focusing only on cryptocurrency is a disservice to Nvidia&#39;s strong growth across the board. Revenue is growing rapidly in every segment:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dcb18bde54e264f60139107ea74aba67\" tg-width=\"945\" tg-height=\"326\" width=\"100%\" height=\"auto\"/><span>Source: The Author</span></p><p>These segments all have enormous potential, and that could let Nvidia continue to grow quickly for years. I&#39;m not ruling out the possibility that Nvidia beats estimates and has positive returns in 2022 or the following years. Over the long term, I have no doubt that they will continue to grow revenue and do very well. I just see better places to deploy capital now, which brings us to Micron.</p><p><b>Micron&#39;s Growth Trajectory</b></p><p>Micron is no slouch either when it comes to growth. Between 2005 and 2020, their revenue had a 10% CAGR (compared to 12% for Nvidia). According to Micron, memory has been the fastest growing sub-field in semiconductors over the last two decades.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a2909ab175fa284b1247812cc9312e2d\" tg-width=\"930\" tg-height=\"330\" width=\"100%\" height=\"auto\"/><span>Source: Earnings Presentation</span></p><p>Micron breaks down its segments a bit differently than Nvidia, but its segments are all growing quickly as well. They highlight many of the same growth drivers as Nvidia. In particular, they saw 80% growth in industrial/IoT this year, and they expect 40-50% CAGR in the auto market over the next three years.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1f64ca0b97d8dd38525cee5bd53299cc\" tg-width=\"640\" tg-height=\"75\" width=\"100%\" height=\"auto\"/><span>Source: Seeking Alpha</span></p><p>Micron&#39;s fiscal year ends at a different time than Nvidia, so it&#39;s difficult to make head-to-head comparisons based on the estimates in the image above. But one easy point to make is that Micron&#39;s projected EPS growth in the one year ending August 2022 is 10% higher than Nvidia&#39;s projected EPS growth in the two years from January 2022 to January 2024.</p><p>These are just projections and they&#39;re often wrong. But Micron&#39;s projected EPS growth is based on just 16% revenue growth, which seems like an attainable target that&#39;s only slightly higher than its historic growth rate.</p><p>Ideally, an investment would be fairly valued based on earnings estimates so that a company doesn&#39;t have to wildly exceed expectations to deliver strong returns. I believe that&#39;s the case with Micron, since even using its historic 10% CAGR without factoring in this year&#39;s projected 46% growth, it has a PEG of just 1.4.</p><p>Another reason why I believe Micron&#39;s growth estimates are attainable is because of where they are in the supply/demand cycle. While Nvidia&#39;s revenue is breaking records every quarter, Micron still has less revenue now than it did in 2018. This is an industry-wide issue; revenue for Micron competitor SK Hynix also peaked in 2018.</p><p>It&#39;s not a foregone conclusion that revenue in the memory industry will reach another all-time high. But considering the strong growth trends that underpin the industry and the progress those trends have made since 2018, I think it&#39;s reasonable to assume that this will happen at some point.</p><p>There are a variety of other reasons why Micron&#39;s future growth could be steadier and more sustainable than it was in the past:</p><ul><li>75% of their revenue now comes from long term agreements based on close collaboration with customers. This is up from 10% five years ago.</li><li>The memory industry has consolidated (anyone remember Sandisk, Inotera, or Elpida?), which should lead to more favorable pricing and less risk of oversupply.</li><li>The adoption of capital intensive EUV manufacturing technology will make it more difficult for new entrants, especially in China where the tech is unavailable.</li><li>Micron could get support from the federal government as part of the CHIPS act, which appears to be more focused on manufacturing than design (and thus not as likely to benefit Nvidia).</li><li>Micron recently started paying a dividend, which indicates management&#39;s confidence that their cash flows are sustainable.</li></ul><p><b>Risks</b></p><p>To be clear, my thesis is that Micron will outperform Nvidia over the next few years, not that Nvidia&#39;s stock will decline. Great companies like Nvidia can trade at elevated multiples for a long time and I have no desire to short Nvidia. Even so, there are a couple reasons why this narrow thesis could fail and Micron could end up underperforming Nvidia.</p><p>The first is that Micron&#39;s moat sources are not as strong as Nvidia&#39;s. Micron&#39;s market position has improved as a result of the factors mentioned in the previous section. Even so, it&#39;s still a relatively small player compared to Samsung despite its market leadership in some verticals like low power DRAM. This could stop Micron from driving innovations through R&amp;D or exercising pricing power. On the other hand, Nvidia invented the GPU, owns substantial intellectual property related to it, and is the largest GPU player with the largest R&amp;D budget.</p><p>Micron has also benefitted from multiple expansion; a couple years ago it had a forward P/E of just 3. In that respect, Nvidia and Micron have both experienced a similar level of multiple expansion (about 5x). The difference is that Micron&#39;s current P/E of 14 is a reasonable multiple for a fast growing cyclical company with high teens revenue growth. Nvidia&#39;s current P/E of 93 is a reasonable multiple for a high quality company positioned to grow at 30%+ for years to come, which I doubt Nvidia (or any large cap semiconductor company) can do. Even so, both companies could be vulnerable to multiple contraction in the future. While I believe it&#39;s unlikely, Micron could benefit less from changes to its multiple than Nvidia.</p><p><b>Conclusion</b></p><p>Both Micron and Nvidia are great companies, but Nvidia is probably a better company in terms of market position and margins. I would be an avid buyer of Nvidia at 40-50 P/E, a level that I admit it may not fall to for a while. In the meantime, I&#39;m happy with a large position in Micron, which is an increasingly great company at a fair price.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nvidia's Bull Run May Continue, But Micron Is A Better Pick</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\">\nNvidia's Bull Run May Continue, But Micron Is A Better Pick\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-05 14:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4477940-nvidia-nvda-mu-bull-run-may-continue-micron-better-pick><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryNvidia and Micron are two semiconductor giants, but Nvidia has been a better performer and a more popular stock lately.Although Nvidia's semiconductors are irreplaceable, their past growth rate...</p>\n\n<a href=\"https://seekingalpha.com/article/4477940-nvidia-nvda-mu-bull-run-may-continue-micron-better-pick\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MU":"美光科技","NVDA":"英伟达"},"source_url":"https://seekingalpha.com/article/4477940-nvidia-nvda-mu-bull-run-may-continue-micron-better-pick","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155972670","content_text":"SummaryNvidia and Micron are two semiconductor giants, but Nvidia has been a better performer and a more popular stock lately.Although Nvidia's semiconductors are irreplaceable, their past growth rate appears unsustainable.On the other hand, Micron's bull run could just be getting started, and its growth is becoming less cyclical.Jae Young Ju/iStock via Getty ImagesThesisBoth NVIDIA (NASDAQ:NVDA) and Micron (NASDAQ:MU) are semiconductor giants benefiting from strong growth trends in data centers, self-driving cars, and other high tech fields. From a purely business perspective, Nvidia's capital-light operations and market leadership make it preferable. However, at a 6x cheaper valuation, Micron is the better buy now.IntroductionNvidia's bull run over the past couple years made it by far the most valuable semiconductor company. In fact, it's now the 8th most valuable company in the world. Among semiconductor companies, only TSMC (NYSE:TSM) joins it in the top 25. This status has given Nvidia a reputation as the premier \"picks and shovels\" play of futuristic tech.It's certainly true that Nvidia isapicks and shovels play. Nvidia's GPUs - which specialize in highly parallelized computing like graphics - are increasingly important in areas like data centers, cryptocurrency mining, and self-driving cars. Companies like Meta (NASDAQ:FB) are ramping up spending in these fields, which in Meta's case reportedly includes an all-in bet on Nvidia's GPUs. Widespread demand created a shortage of Nvidia products and drove the bull run that 6xed the stock from its March 2020 lows.However, over half of that performance was driven by multiple expansion. Nvidia bottomed at 35 P/E in 2020, and now stands at nearly 100. This lofty multiple makes Nvidia look much further ahead of its semiconductor peers than it actually is.To illustrate, Micron - which at a $104B market cap and P/E of 14 has flown comparatively under the radar - actually has more revenue than Nvidia. In the last 12 months, they brought in $27.7B compared to $24.3B from Nvidia. If Nvidia's P/E was applied to Micron, it would have a $713B market cap... just 5.6% smaller than Nvidia's.From a business perspective, there's not much similarity between these two companies besides the fact that they both design semiconductors.Source: StatistaNvidia focuses on GPUs, a product that it invented. It has 83% market share, excluding integrated GPUs where Intel leads. This market share is partially protected by intellectual property.Source: TECHDesignOn the other hand, Micron is a distant third in DRAM market share and only fifth in the crowded NAND space. Unlike Nvidia, Micron manufactures chips in addition to designing them and doesn't seem to have a noteworthy advantage when it comes to intellectual property.DRAM and NAND are two types of memory chips. While GPUs specialize in performing a lot of operations very quickly, memory chips focus on storing a lot of information.Memory chips are used alongside GPUs, and don't compete directly with them. Micron is partnered with Nvidia on a variety of offerings, helping both companies benefit from the same growth trends. In particular, both companies have highlighted AI, 5G, IoT, gaming, industrial, blockchain, the metaverse, and auto as areas that will drive future growth.In the rest of this article, I'll explain why Nvidia's growth rate over the past year may not be sustainable, while Micron's future growth may be even better than it was in the past.Nvidia's Growth TrajectorySource: Seeking AlphaAccording to Seeking Alpha, analysts project a 16-18% revenue and earnings CAGR for Nvidia over the next two years. For comparison, Nvidia is wrapping up a year where it will have grown earnings by about 73%.What's causing the deceleration? One place to look is prior to 2021. Between 2005 and 2020, Nvidia's revenue grew at a CAGR of 12%. Adding 2021's historic growth brings it to 14% CAGR. So analysts are projecting slightly elevated growth relative to historic levels, which I think is reasonable. This level of growth is very impressive, and it was enough for Nvidia to generate strong returns even prior to this year.This growth is also above the industry average. Since 2008, the only large cap semiconductor company with a revenue CAGR above 15% is Broadcom (NASDAQ:AVGO), which only broke this threshold due to acquisitions. Keep in mind that this is during the biggest tech bull run ever.Famous investor Peter Lynch was skeptical of any company growing faster than 20% because of the difficulty of sustaining that growth, and the lack of exceptions to this rule in the semiconductor industry seems to prove him right. (There are plenty of exceptions in software though.)At nearly 100 P/E and growing off of its largest revenue base ever, 2021 will be a difficult act for Nvidia to follow. Nvidia will have to grow significantly faster than 18% per year to justify its valuation relative to peers, since 18% growth would still put its PEG ratio above 5. If Nvidia delivers on its projected growth and trades flat for the next two years, it will have aforwardP/E of 49.It's also worth noting that semiconductor revenue is cyclical, so this isn't the first time that Nvidia has experienced strong growth. In both 2008 and 2018, Nvidia had growth of 34% of higher, but those years were followed by growth of -16% and 21% in the next year.Just to highlight one area where growth doesn't look sustainable, Nvidia benefited from the increasing popularity of cryptocurrency in 2021. Nvidia has stated that it doesn't have visibility into exactly how much demand from crypto impacts revenue, but its products are used to mine cryptocurrency like Bitcoin (BTC-USD).I'm certainly not so bold as to call a top in Bitcoin, but historically it has been the case that the year after a halving has marked the start of a Bitcoin bear market. Additionally, altcoins that use proof of stake (including Ethereum, which will switch to proof of stake in 2022) have been gaining market share on Bitcoin. Proof of stake doesn't need Nvidia's GPUs because it doesn't do as much computation.Micron benefits from cryptocurrency as well, since miners need a lot of power and a lot of memory. But the market's perception seems to be that Nvidia benefits more based on the well publicized GPU shortages related to mining, which could negatively impact Nvidia's stock if Bitcoin crashes. Additionally, Micron would not be as impacted by a switch to proof of stake.Focusing only on cryptocurrency is a disservice to Nvidia's strong growth across the board. Revenue is growing rapidly in every segment:Source: The AuthorThese segments all have enormous potential, and that could let Nvidia continue to grow quickly for years. I'm not ruling out the possibility that Nvidia beats estimates and has positive returns in 2022 or the following years. Over the long term, I have no doubt that they will continue to grow revenue and do very well. I just see better places to deploy capital now, which brings us to Micron.Micron's Growth TrajectoryMicron is no slouch either when it comes to growth. Between 2005 and 2020, their revenue had a 10% CAGR (compared to 12% for Nvidia). According to Micron, memory has been the fastest growing sub-field in semiconductors over the last two decades.Source: Earnings PresentationMicron breaks down its segments a bit differently than Nvidia, but its segments are all growing quickly as well. They highlight many of the same growth drivers as Nvidia. In particular, they saw 80% growth in industrial/IoT this year, and they expect 40-50% CAGR in the auto market over the next three years.Source: Seeking AlphaMicron's fiscal year ends at a different time than Nvidia, so it's difficult to make head-to-head comparisons based on the estimates in the image above. But one easy point to make is that Micron's projected EPS growth in the one year ending August 2022 is 10% higher than Nvidia's projected EPS growth in the two years from January 2022 to January 2024.These are just projections and they're often wrong. But Micron's projected EPS growth is based on just 16% revenue growth, which seems like an attainable target that's only slightly higher than its historic growth rate.Ideally, an investment would be fairly valued based on earnings estimates so that a company doesn't have to wildly exceed expectations to deliver strong returns. I believe that's the case with Micron, since even using its historic 10% CAGR without factoring in this year's projected 46% growth, it has a PEG of just 1.4.Another reason why I believe Micron's growth estimates are attainable is because of where they are in the supply/demand cycle. While Nvidia's revenue is breaking records every quarter, Micron still has less revenue now than it did in 2018. This is an industry-wide issue; revenue for Micron competitor SK Hynix also peaked in 2018.It's not a foregone conclusion that revenue in the memory industry will reach another all-time high. But considering the strong growth trends that underpin the industry and the progress those trends have made since 2018, I think it's reasonable to assume that this will happen at some point.There are a variety of other reasons why Micron's future growth could be steadier and more sustainable than it was in the past:75% of their revenue now comes from long term agreements based on close collaboration with customers. This is up from 10% five years ago.The memory industry has consolidated (anyone remember Sandisk, Inotera, or Elpida?), which should lead to more favorable pricing and less risk of oversupply.The adoption of capital intensive EUV manufacturing technology will make it more difficult for new entrants, especially in China where the tech is unavailable.Micron could get support from the federal government as part of the CHIPS act, which appears to be more focused on manufacturing than design (and thus not as likely to benefit Nvidia).Micron recently started paying a dividend, which indicates management's confidence that their cash flows are sustainable.RisksTo be clear, my thesis is that Micron will outperform Nvidia over the next few years, not that Nvidia's stock will decline. Great companies like Nvidia can trade at elevated multiples for a long time and I have no desire to short Nvidia. Even so, there are a couple reasons why this narrow thesis could fail and Micron could end up underperforming Nvidia.The first is that Micron's moat sources are not as strong as Nvidia's. Micron's market position has improved as a result of the factors mentioned in the previous section. Even so, it's still a relatively small player compared to Samsung despite its market leadership in some verticals like low power DRAM. This could stop Micron from driving innovations through R&D or exercising pricing power. On the other hand, Nvidia invented the GPU, owns substantial intellectual property related to it, and is the largest GPU player with the largest R&D budget.Micron has also benefitted from multiple expansion; a couple years ago it had a forward P/E of just 3. In that respect, Nvidia and Micron have both experienced a similar level of multiple expansion (about 5x). The difference is that Micron's current P/E of 14 is a reasonable multiple for a fast growing cyclical company with high teens revenue growth. Nvidia's current P/E of 93 is a reasonable multiple for a high quality company positioned to grow at 30%+ for years to come, which I doubt Nvidia (or any large cap semiconductor company) can do. Even so, both companies could be vulnerable to multiple contraction in the future. While I believe it's unlikely, Micron could benefit less from changes to its multiple than Nvidia.ConclusionBoth Micron and Nvidia are great companies, but Nvidia is probably a better company in terms of market position and margins. I would be an avid buyer of Nvidia at 40-50 P/E, a level that I admit it may not fall to for a while. In the meantime, I'm happy with a large position in Micron, which is an increasingly great company at a fair price.","news_type":1,"symbols_score_info":{"NVDA":0.9,"MU":0.9}},"isVote":1,"tweetType":1,"viewCount":3429,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9001408995,"gmtCreate":1641292419082,"gmtModify":1676533593688,"author":{"id":"4091088321144510","authorId":"4091088321144510","name":"JunHaoT","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4091088321144510","idStr":"4091088321144510"},"themes":[],"htmlText":"Tsela good la","listText":"Tsela good la","text":"Tsela good la","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9001408995","repostId":"1124443897","repostType":4,"isVote":1,"tweetType":1,"viewCount":2888,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9001161596,"gmtCreate":1641192947504,"gmtModify":1676533581416,"author":{"id":"4091088321144510","authorId":"4091088321144510","name":"JunHaoT","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4091088321144510","idStr":"4091088321144510"},"themes":[],"htmlText":"Haha. Huat again&nbsp;","listText":"Haha. Huat again&nbsp;","text":"Haha. Huat again","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9001161596","repostId":"2200544080","repostType":4,"isVote":1,"tweetType":1,"viewCount":1213,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9003684002,"gmtCreate":1640962756563,"gmtModify":1676533559043,"author":{"id":"4091088321144510","authorId":"4091088321144510","name":"JunHaoT","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4091088321144510","idStr":"4091088321144510"},"themes":[],"htmlText":"Latest trend","listText":"Latest trend","text":"Latest trend","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9003684002","repostId":"1141605267","repostType":4,"repost":{"id":"1141605267","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":1640962448,"share":"https://ttm.financial/m/news/1141605267?lang=en_US&edition=fundamental","pubTime":"2021-12-31 22:54","market":"us","language":"en","title":"Pfizer Stock Gained 2% in Morning Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1141605267","media":"Tiger Newspress","summary":"Pfizer stock gained 2% in morning trading as British regulators have approved the use of Paxlovid – ","content":"<html><head></head><body><p>Pfizer stock gained 2% in morning trading as British regulators have approved the use of Paxlovid – the drug maker’s Covid-19 antiviral pill – for people over 18 with mild to moderate illness.<img src=\"https://static.tigerbbs.com/70d5c18e424c17b73dbf01bc650d1318\" tg-width=\"1135\" tg-height=\"729\" referrerpolicy=\"no-referrer\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Pfizer Stock Gained 2% in Morning Trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPfizer Stock Gained 2% in Morning Trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-12-31 22:54</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Pfizer stock gained 2% in morning trading as British regulators have approved the use of Paxlovid – the drug maker’s Covid-19 antiviral pill – for people over 18 with mild to moderate illness.<img src=\"https://static.tigerbbs.com/70d5c18e424c17b73dbf01bc650d1318\" tg-width=\"1135\" tg-height=\"729\" referrerpolicy=\"no-referrer\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PFE":"辉瑞"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1141605267","content_text":"Pfizer stock gained 2% in morning trading as British regulators have approved the use of Paxlovid – the drug maker’s Covid-19 antiviral pill – for people over 18 with mild to moderate illness.","news_type":1,"symbols_score_info":{"PFE":0.9}},"isVote":1,"tweetType":1,"viewCount":1222,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9003948967,"gmtCreate":1640862548595,"gmtModify":1676533548747,"author":{"id":"4091088321144510","authorId":"4091088321144510","name":"JunHaoT","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4091088321144510","idStr":"4091088321144510"},"themes":[],"htmlText":"Latest","listText":"Latest","text":"Latest","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9003948967","repostId":"1125254281","repostType":4,"isVote":1,"tweetType":1,"viewCount":870,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9009442886,"gmtCreate":1640776724065,"gmtModify":1676533540782,"author":{"id":"4091088321144510","authorId":"4091088321144510","name":"JunHaoT","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4091088321144510","idStr":"4091088321144510"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9009442886","repostId":"1116996665","repostType":4,"repost":{"id":"1116996665","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":1640775847,"share":"https://ttm.financial/m/news/1116996665?lang=en_US&edition=fundamental","pubTime":"2021-12-29 19:04","market":"us","language":"en","title":"Tesla CEO Elon Musk Says FSD Level 4 Likely Next Year","url":"https://stock-news.laohu8.com/highlight/detail?id=1116996665","media":"Benzinga","summary":"Tesla Inc Elon Musk said on Tuesday he believes the electric vehicle maker is likely to actualize th","content":"<html><head></head><body><p><b>Tesla Inc</b> <b>Elon Musk</b> said on Tuesday he believes the electric vehicle maker is likely to actualize the full self-driving level 4 system next year.</p><p><img src=\"https://static.tigerbbs.com/7f736ad355c0dd74c8e63742086330d6\" tg-width=\"685\" tg-height=\"375\" width=\"100%\" height=\"auto\"/></p><p><b>What Happened:</b>Musk said that the rate of disengagement has been dropping rapidly in FSD Beta and it is likely to achieve a significantly lower rate of accidents than an average human next year.</p><p>The rate of disengagements — for example, where a driver would intervene to prevent the car from doing something dangerous potentially — per million miles has been dropping dramatically, Musk told artificial intelligence researcher and popular podcaster <b>Lex Fridman</b> on Tuesday.</p><p>Musk was quick to add that Tesla would then have to prove the capabilities to regulators.</p><p>“Then there&#39;s going to be a case of, okay, we now have to prove this to regulators… I think it&#39;s got to be at least two or three times safer than a human, so two or three times lower probability of injury than a human.”</p><p><b>Why It Matters:</b>Tesla’s self-driving capabilities have often come under the regulatory spotlight. In May, legal transparency group <b>PlainSite</b> said Musk had overstated the capabilities of the company&#39;s advanced driver assist system, a precursor to FSD.</p><p>The head of the <b>National Transportation Safety Board</b>(NTSB) in September objected to Tesla&#39;s use of the term ‘fell self-driving” and added that the company needs to address some significant safety concerns.</p><p>There are five levels of automation under standards created by SAE International. A Level 4 system implies the vehicle can handle all aspects of driving without human intervention. Tesla is currently at Level 2.</p><p>Earlier this month, Germany’s Mercedes-Benz said it has secured Level 3 autonomous driving that will let drivers take their hands off the steering wheel in slow-moving traffic.</p><p><b>Price Action:</b>Tesla shares closed 0.5% lower at $1,088.47 a share on Tuesday. The stock is up over 49% year-to-date though most of that surge has been seen in the past few months.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla CEO Elon Musk Says FSD Level 4 Likely Next Year</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla CEO Elon Musk Says FSD Level 4 Likely Next Year\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\">2021-12-29 19:04</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><b>Tesla Inc</b> <b>Elon Musk</b> said on Tuesday he believes the electric vehicle maker is likely to actualize the full self-driving level 4 system next year.</p><p><img src=\"https://static.tigerbbs.com/7f736ad355c0dd74c8e63742086330d6\" tg-width=\"685\" tg-height=\"375\" width=\"100%\" height=\"auto\"/></p><p><b>What Happened:</b>Musk said that the rate of disengagement has been dropping rapidly in FSD Beta and it is likely to achieve a significantly lower rate of accidents than an average human next year.</p><p>The rate of disengagements — for example, where a driver would intervene to prevent the car from doing something dangerous potentially — per million miles has been dropping dramatically, Musk told artificial intelligence researcher and popular podcaster <b>Lex Fridman</b> on Tuesday.</p><p>Musk was quick to add that Tesla would then have to prove the capabilities to regulators.</p><p>“Then there&#39;s going to be a case of, okay, we now have to prove this to regulators… I think it&#39;s got to be at least two or three times safer than a human, so two or three times lower probability of injury than a human.”</p><p><b>Why It Matters:</b>Tesla’s self-driving capabilities have often come under the regulatory spotlight. In May, legal transparency group <b>PlainSite</b> said Musk had overstated the capabilities of the company&#39;s advanced driver assist system, a precursor to FSD.</p><p>The head of the <b>National Transportation Safety Board</b>(NTSB) in September objected to Tesla&#39;s use of the term ‘fell self-driving” and added that the company needs to address some significant safety concerns.</p><p>There are five levels of automation under standards created by SAE International. A Level 4 system implies the vehicle can handle all aspects of driving without human intervention. Tesla is currently at Level 2.</p><p>Earlier this month, Germany’s Mercedes-Benz said it has secured Level 3 autonomous driving that will let drivers take their hands off the steering wheel in slow-moving traffic.</p><p><b>Price Action:</b>Tesla shares closed 0.5% lower at $1,088.47 a share on Tuesday. The stock is up over 49% year-to-date though most of that surge has been seen in the past few months.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1116996665","content_text":"Tesla Inc Elon Musk said on Tuesday he believes the electric vehicle maker is likely to actualize the full self-driving level 4 system next year.What Happened:Musk said that the rate of disengagement has been dropping rapidly in FSD Beta and it is likely to achieve a significantly lower rate of accidents than an average human next year.The rate of disengagements — for example, where a driver would intervene to prevent the car from doing something dangerous potentially — per million miles has been dropping dramatically, Musk told artificial intelligence researcher and popular podcaster Lex Fridman on Tuesday.Musk was quick to add that Tesla would then have to prove the capabilities to regulators.“Then there's going to be a case of, okay, we now have to prove this to regulators… I think it's got to be at least two or three times safer than a human, so two or three times lower probability of injury than a human.”Why It Matters:Tesla’s self-driving capabilities have often come under the regulatory spotlight. In May, legal transparency group PlainSite said Musk had overstated the capabilities of the company's advanced driver assist system, a precursor to FSD.The head of the National Transportation Safety Board(NTSB) in September objected to Tesla's use of the term ‘fell self-driving” and added that the company needs to address some significant safety concerns.There are five levels of automation under standards created by SAE International. A Level 4 system implies the vehicle can handle all aspects of driving without human intervention. Tesla is currently at Level 2.Earlier this month, Germany’s Mercedes-Benz said it has secured Level 3 autonomous driving that will let drivers take their hands off the steering wheel in slow-moving traffic.Price Action:Tesla shares closed 0.5% lower at $1,088.47 a share on Tuesday. The stock is up over 49% year-to-date though most of that surge has been seen in the past few months.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":1081,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":863809443,"gmtCreate":1632369280382,"gmtModify":1676530765747,"author":{"id":"4091088321144510","authorId":"4091088321144510","name":"JunHaoT","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4091088321144510","idStr":"4091088321144510"},"themes":[],"htmlText":"Go apple","listText":"Go apple","text":"Go apple","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/863809443","repostId":"1167090659","repostType":4,"isVote":1,"tweetType":1,"viewCount":782,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":869202784,"gmtCreate":1632287715648,"gmtModify":1676530743903,"author":{"id":"4091088321144510","authorId":"4091088321144510","name":"JunHaoT","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4091088321144510","idStr":"4091088321144510"},"themes":[],"htmlText":"Buy the dip","listText":"Buy the dip","text":"Buy the dip","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/869202784","repostId":"1188147594","repostType":4,"repost":{"id":"1188147594","kind":"news","pubTimestamp":1632271643,"share":"https://ttm.financial/m/news/1188147594?lang=en_US&edition=fundamental","pubTime":"2021-09-22 08:47","market":"us","language":"en","title":"Bitcoin Drops Below $40,000 as Regulatory Drumbeat Grows","url":"https://stock-news.laohu8.com/highlight/detail?id=1188147594","media":"Bloomberg","summary":"(Bloomberg) -- Bitcoin fell for a third day, dropping briefly below $40,000 for the first time since","content":"<p>(Bloomberg) -- Bitcoin fell for a third day, dropping briefly below $40,000 for the first time since August in volatile trading, amid rising criticism from regulators.</p>\n<p>The largest cryptocurrency by market value traded down about 7% to $40,552 as of 5:22 p.m. in New York. Rivals including Ether and Litecoin also slumped.</p>\n<p>In a Tuesday discussion on cryptocurrencies, U.S. Securities and Exchange Commission Chair Gary Gensler said past instances of banks and other firms offering private forms of money have failed.</p>\n<p>In a webcast hosted by the Washington Post, Gensler reiterated that U.S. securities rules give his agency great authority over digital tokens. He also said there are some “gaps” in oversight of digital tokens that Congress could help close, such as regulating crypto exchanges.</p>\n<p>Meanwhile, the U.S. agency that had once been the great hope of the cryptocurrency world is now issuing strong warnings to the industry that it’s in danger of echoing the toxic culture before the 2008 financial crisis.</p>\n<p>Michael Hsu, the acting chief of the Office of the Comptroller of the Currency, argued Tuesday that cryptocurrencies and decentralized finance may be evolving into threats to the financial system in much the same way certain derivatives brought it near collapse more than a decade ago.</p>","source":"lsy1612507957220","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>Bitcoin Drops Below $40,000 as Regulatory Drumbeat Grows</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\">\nBitcoin Drops Below $40,000 as Regulatory Drumbeat Grows\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-22 08:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/bitcoin-drops-below-40-000-212535258.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Bitcoin fell for a third day, dropping briefly below $40,000 for the first time since August in volatile trading, amid rising criticism from regulators.\nThe largest cryptocurrency by ...</p>\n\n<a href=\"https://finance.yahoo.com/news/bitcoin-drops-below-40-000-212535258.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"https://finance.yahoo.com/news/bitcoin-drops-below-40-000-212535258.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188147594","content_text":"(Bloomberg) -- Bitcoin fell for a third day, dropping briefly below $40,000 for the first time since August in volatile trading, amid rising criticism from regulators.\nThe largest cryptocurrency by market value traded down about 7% to $40,552 as of 5:22 p.m. in New York. Rivals including Ether and Litecoin also slumped.\nIn a Tuesday discussion on cryptocurrencies, U.S. Securities and Exchange Commission Chair Gary Gensler said past instances of banks and other firms offering private forms of money have failed.\nIn a webcast hosted by the Washington Post, Gensler reiterated that U.S. securities rules give his agency great authority over digital tokens. He also said there are some “gaps” in oversight of digital tokens that Congress could help close, such as regulating crypto exchanges.\nMeanwhile, the U.S. agency that had once been the great hope of the cryptocurrency world is now issuing strong warnings to the industry that it’s in danger of echoing the toxic culture before the 2008 financial crisis.\nMichael Hsu, the acting chief of the Office of the Comptroller of the Currency, argued Tuesday that cryptocurrencies and decentralized finance may be evolving into threats to the financial system in much the same way certain derivatives brought it near collapse more than a decade ago.","news_type":1,"symbols_score_info":{"COIN":0.9}},"isVote":1,"tweetType":1,"viewCount":1017,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":860419462,"gmtCreate":1632197025156,"gmtModify":1676530723248,"author":{"id":"4091088321144510","authorId":"4091088321144510","name":"JunHaoT","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4091088321144510","idStr":"4091088321144510"},"themes":[],"htmlText":"Apple fans will support&nbsp;","listText":"Apple fans will support&nbsp;","text":"Apple fans will support","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/860419462","repostId":"1117848660","repostType":4,"repost":{"id":"1117848660","kind":"news","pubTimestamp":1632192380,"share":"https://ttm.financial/m/news/1117848660?lang=en_US&edition=fundamental","pubTime":"2021-09-21 10:46","market":"us","language":"en","title":"Here's Why Apple's iPhone 13 Should Be a Resounding Success","url":"https://stock-news.laohu8.com/highlight/detail?id=1117848660","media":"Motley Fool","summary":"Apple has taken a successful formula and made it even better.","content":"<p><b>Key Points</b></p>\n<ul>\n <li>Apple's iPhone 13 should end up encouraging more of its installed base to switch to 5G.</li>\n <li>Incremental upgrades and accessibility to more markets through better carrier support will be tailwinds for the iPhone 13.</li>\n <li>The iPhone 13 is the next step in Apple's 5G domination, which can continue for years.</li>\n</ul>\n<p><b>Apple</b>'s&nbsp;(NASDAQ:AAPL)&nbsp;iPhone 13 has arrived, and the initial reactions to the smartphone giant's latest and greatest device don't appear all that optimistic. Apple added the&nbsp;usual suite of upgrades&nbsp;to its latest iPhone models, packing in a better screen, faster processor, superior camera system, and bigger battery, among others. But the absence of any \"pathbreaking\" features has given birth to several memes on the internet, with some expressing disappointment at the lack of any substantial innovation.</p>\n<p>However, I think the iPhone 13 could turn out to be more successful than the iPhone 12, which was&nbsp;a runaway hit&nbsp;last year thanks to aggressive pricing and the addition of 5G.</p>\n<p>Let's see why that may be the case.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a1913a1265f134e83f36cb92109cd4f7\" tg-width=\"2000\" tg-height=\"1325\" width=\"100%\" height=\"auto\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p>\n<p><b>The iPhone 13 can continue the iPhone 12's terrific sales momentum</b></p>\n<p>The iPhone 12 helped Apple become&nbsp;a dominant player&nbsp;in the 5G smartphone market. Strategy Analytics estimates that Apple held&nbsp;29% of the 5G smartphone market thanks to the iPhone 12. The new iPhone models are expected to push that market share up to 40% as more consumers are expected to make the switch to Apple's 5G offerings.</p>\n<p>That won't be surprising, as out of Apple's huge installed base of nearly 1.1 billion iPhones, less than 1% have a 5G-enabled device, at least according to a third-party research estimate. The iPhone 12 crossed 100 million units in less than seven months of its launch, and the iPhone 13 can carry forward that momentum since it is likely to appeal to those customers who have held off upgrading to a 5G device so far.</p>\n<p>Apple has increased the storage of the base iPhone 13 models to 128 GB (gigabytes), which now start&nbsp;at $699 for the mini version and $799 for the 6.1-inch version, removing the 64 GB option altogether. While that's $100 higher than the price of the base models of the iPhone 12, the new prices are almost in line with the industry standard. The average selling price&nbsp;of a 5G smartphone stands at $634 as per IDC's estimate.</p>\n<p>Throw in upgrades such as more 5G wireless bands for better connectivity and Apple's claims that the iPhone 13 models can last 1.5 to 2.5 hours more than the iPhone 12, and it becomes easy to see why those who haven't jumped on to the 5G bandwagon would take the plunge this time. Additionally, Apple points out that the increased number of 5G bands on the iPhone 13 will help it double&nbsp;its 5G support to more than 200 carriers spread across 60 countries.</p>\n<p>All of this indicates that Apple is all set to bring more 5G users into its fold with the iPhone 13 given the improvements it has brought to the table. There may not be any eye-popping changes to this year's device, but it is likely to continue the impressive sales growth triggered by the iPhone 12 because of a huge installed base of users that are in an upgrade window.</p>\n<p><b>Apple's 5G dominance will get a shot in the arm</b></p>\n<p>Wedbush Securities analyst Daniel Ives estimates&nbsp;that there are 250 million iPhone users with a device that's at least three years old. Also, we saw earlier that the number of customers without a 5G iPhone is even higher.</p>\n<p>As a result, it is not surprising to see why Apple's sales in 2022 are expected to be better, as per&nbsp;<b>Credit Suisse</b>&nbsp;estimates. The investment bank expects Apple to move 237 million units next year as compared to an estimated 234 million in 2021. In 2023, iPhone shipments are expected to jump to 249 million units.</p>\n<p>More importantly, Apple's shipment growth in the 5G era can continue beyond the next two years as global 5G mobile subscriptions are expected&nbsp;to hit 3.36 billion in 2026, up from an estimated 569 million this year, as per&nbsp;<b>Ericsson</b>. This massive growth will be driven by 5G network rollouts in more markets in Latin America, the Middle East, Europe, and North America.</p>\n<p>So, if Apple continues to hold a strong 5G market share on account of its massive installed base and a&nbsp;budget-friendly device&nbsp;that could appeal to a wider audience in price-conscious markets, it can keep winning big in 5G smartphones in the long run. The iPhone 13 will play an important role in that regard, as it can encourage upgrades and bring more users into the Apple ecosystem because of the improvements it packs. That's a solid reason why investors should continue holding this&nbsp;5G stock, as it now has a new growth driver to count on.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Here's Why Apple's iPhone 13 Should Be a Resounding Success</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHere's Why Apple's iPhone 13 Should Be a Resounding Success\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-21 10:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/09/20/why-apple-iphone-13-should-be-success/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Key Points\n\nApple's iPhone 13 should end up encouraging more of its installed base to switch to 5G.\nIncremental upgrades and accessibility to more markets through better carrier support will be ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/09/20/why-apple-iphone-13-should-be-success/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.fool.com/investing/2021/09/20/why-apple-iphone-13-should-be-success/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1117848660","content_text":"Key Points\n\nApple's iPhone 13 should end up encouraging more of its installed base to switch to 5G.\nIncremental upgrades and accessibility to more markets through better carrier support will be tailwinds for the iPhone 13.\nThe iPhone 13 is the next step in Apple's 5G domination, which can continue for years.\n\nApple's (NASDAQ:AAPL) iPhone 13 has arrived, and the initial reactions to the smartphone giant's latest and greatest device don't appear all that optimistic. Apple added the usual suite of upgrades to its latest iPhone models, packing in a better screen, faster processor, superior camera system, and bigger battery, among others. But the absence of any \"pathbreaking\" features has given birth to several memes on the internet, with some expressing disappointment at the lack of any substantial innovation.\nHowever, I think the iPhone 13 could turn out to be more successful than the iPhone 12, which was a runaway hit last year thanks to aggressive pricing and the addition of 5G.\nLet's see why that may be the case.\nIMAGE SOURCE: GETTY IMAGES.\nThe iPhone 13 can continue the iPhone 12's terrific sales momentum\nThe iPhone 12 helped Apple become a dominant player in the 5G smartphone market. Strategy Analytics estimates that Apple held 29% of the 5G smartphone market thanks to the iPhone 12. The new iPhone models are expected to push that market share up to 40% as more consumers are expected to make the switch to Apple's 5G offerings.\nThat won't be surprising, as out of Apple's huge installed base of nearly 1.1 billion iPhones, less than 1% have a 5G-enabled device, at least according to a third-party research estimate. The iPhone 12 crossed 100 million units in less than seven months of its launch, and the iPhone 13 can carry forward that momentum since it is likely to appeal to those customers who have held off upgrading to a 5G device so far.\nApple has increased the storage of the base iPhone 13 models to 128 GB (gigabytes), which now start at $699 for the mini version and $799 for the 6.1-inch version, removing the 64 GB option altogether. While that's $100 higher than the price of the base models of the iPhone 12, the new prices are almost in line with the industry standard. The average selling price of a 5G smartphone stands at $634 as per IDC's estimate.\nThrow in upgrades such as more 5G wireless bands for better connectivity and Apple's claims that the iPhone 13 models can last 1.5 to 2.5 hours more than the iPhone 12, and it becomes easy to see why those who haven't jumped on to the 5G bandwagon would take the plunge this time. Additionally, Apple points out that the increased number of 5G bands on the iPhone 13 will help it double its 5G support to more than 200 carriers spread across 60 countries.\nAll of this indicates that Apple is all set to bring more 5G users into its fold with the iPhone 13 given the improvements it has brought to the table. There may not be any eye-popping changes to this year's device, but it is likely to continue the impressive sales growth triggered by the iPhone 12 because of a huge installed base of users that are in an upgrade window.\nApple's 5G dominance will get a shot in the arm\nWedbush Securities analyst Daniel Ives estimates that there are 250 million iPhone users with a device that's at least three years old. Also, we saw earlier that the number of customers without a 5G iPhone is even higher.\nAs a result, it is not surprising to see why Apple's sales in 2022 are expected to be better, as per Credit Suisse estimates. The investment bank expects Apple to move 237 million units next year as compared to an estimated 234 million in 2021. In 2023, iPhone shipments are expected to jump to 249 million units.\nMore importantly, Apple's shipment growth in the 5G era can continue beyond the next two years as global 5G mobile subscriptions are expected to hit 3.36 billion in 2026, up from an estimated 569 million this year, as per Ericsson. This massive growth will be driven by 5G network rollouts in more markets in Latin America, the Middle East, Europe, and North America.\nSo, if Apple continues to hold a strong 5G market share on account of its massive installed base and a budget-friendly device that could appeal to a wider audience in price-conscious markets, it can keep winning big in 5G smartphones in the long run. The iPhone 13 will play an important role in that regard, as it can encourage upgrades and bring more users into the Apple ecosystem because of the improvements it packs. That's a solid reason why investors should continue holding this 5G stock, as it now has a new growth driver to count on.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":972,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":860969723,"gmtCreate":1632122755862,"gmtModify":1676530705286,"author":{"id":"4091088321144510","authorId":"4091088321144510","name":"JunHaoT","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4091088321144510","idStr":"4091088321144510"},"themes":[],"htmlText":"Yes","listText":"Yes","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/860969723","repostId":"2168504602","repostType":4,"repost":{"id":"2168504602","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":1632122460,"share":"https://ttm.financial/m/news/2168504602?lang=en_US&edition=fundamental","pubTime":"2021-09-20 15:21","market":"us","language":"en","title":"Dow futures drop 300 points as China property fears grow","url":"https://stock-news.laohu8.com/highlight/detail?id=2168504602","media":"Dow Jones","summary":"U.S. stock futures fell sharply on Monday, with those for the Dow Jones Industrial Average tumbling ","content":"<p>U.S. stock futures fell sharply on Monday, with those for the Dow Jones Industrial Average tumbling 300 points, as Hong Kong-listed property companies came under fresh pressure.</p>\n<p>Investors also were positioning ahead of this week's Federal Open Market Committee meeting.</p>\n<p><b>How are stock futures trading?</b></p>\n<p>On Friday, the Dow Jones Industrial Average fell 166 points, or 0.48%, to 34585, the S&amp;P 500 declined 41 points, or 0.91%, to 4433, and the Nasdaq Composite dropped 138 points, or 0.91%, to 15044.</p>\n<p>For the week, the Dow saw its third straight weekly decline, losing 0.1% and booking its longest weekly losing streak since the four weeks ending Sept. 25, 2020, according to Dow Jones Market Data. The S&amp;P 500 fell 0.6% in a second straight week of losses, while the Nasdaq Composite lost 0.5%, also booking two straight weekly falls, according to FactSet.</p>\n<p><b>What's driving the market?</b></p>\n<p>China's property market suffered heavy losses Monday, with shares of China Evergrande falling 13% in Hong Kong.</p>\n<p>The 8.25% Evergrande bond that has interest payments due this week was trading at around 29 cents to the dollar on Monday, according to Reuters.</p>\n<p>Markets were closed in mainland China for a holiday, but the Hang Seng dropped over 3%.</p>\n<p>That's as Wall Street investors are poised to pick up where they left off last week -- on a weaker footing.</p>\n<p>\"The dip is due to a variety of causes, including fading earnings estimates, uncertainty related to shifting monetary policy, and instability in the world's second largest economy as a result of escalating crackdowns,\" said Naeem Aslam, chief market analyst at AvaTrade, in a note to clients.</p>\n<p>Markets will be closely watching for any talk of tapering at the Fed's two-day policy meeting that begins Sept. 21. The central bank's ultra-easy policy stance, put in place more than a year ago to help the economy cope with the pandemic, looks untenable to some given spikes in inflation.</p>\n<p>The economy has been giving off mixed signals, though, amid rising cases of coronavirus due to the delta variant. Friday's losses for Wall Street came as a reading on consumer sentiment held close to a roughly 10-year low.</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>Dow futures drop 300 points as China property fears grow</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\">\nDow futures drop 300 points as China property fears grow\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\">2021-09-20 15:21</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>U.S. stock futures fell sharply on Monday, with those for the Dow Jones Industrial Average tumbling 300 points, as Hong Kong-listed property companies came under fresh pressure.</p>\n<p>Investors also were positioning ahead of this week's Federal Open Market Committee meeting.</p>\n<p><b>How are stock futures trading?</b></p>\n<p>On Friday, the Dow Jones Industrial Average fell 166 points, or 0.48%, to 34585, the S&amp;P 500 declined 41 points, or 0.91%, to 4433, and the Nasdaq Composite dropped 138 points, or 0.91%, to 15044.</p>\n<p>For the week, the Dow saw its third straight weekly decline, losing 0.1% and booking its longest weekly losing streak since the four weeks ending Sept. 25, 2020, according to Dow Jones Market Data. The S&amp;P 500 fell 0.6% in a second straight week of losses, while the Nasdaq Composite lost 0.5%, also booking two straight weekly falls, according to FactSet.</p>\n<p><b>What's driving the market?</b></p>\n<p>China's property market suffered heavy losses Monday, with shares of China Evergrande falling 13% in Hong Kong.</p>\n<p>The 8.25% Evergrande bond that has interest payments due this week was trading at around 29 cents to the dollar on Monday, according to Reuters.</p>\n<p>Markets were closed in mainland China for a holiday, but the Hang Seng dropped over 3%.</p>\n<p>That's as Wall Street investors are poised to pick up where they left off last week -- on a weaker footing.</p>\n<p>\"The dip is due to a variety of causes, including fading earnings estimates, uncertainty related to shifting monetary policy, and instability in the world's second largest economy as a result of escalating crackdowns,\" said Naeem Aslam, chief market analyst at AvaTrade, in a note to clients.</p>\n<p>Markets will be closely watching for any talk of tapering at the Fed's two-day policy meeting that begins Sept. 21. The central bank's ultra-easy policy stance, put in place more than a year ago to help the economy cope with the pandemic, looks untenable to some given spikes in inflation.</p>\n<p>The economy has been giving off mixed signals, though, amid rising cases of coronavirus due to the delta variant. Friday's losses for Wall Street came as a reading on consumer sentiment held close to a roughly 10-year low.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"03333":"中国恒大","EGRNF":"China Evergrande Group","HSI":"恒生指数"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2168504602","content_text":"U.S. stock futures fell sharply on Monday, with those for the Dow Jones Industrial Average tumbling 300 points, as Hong Kong-listed property companies came under fresh pressure.\nInvestors also were positioning ahead of this week's Federal Open Market Committee meeting.\nHow are stock futures trading?\nOn Friday, the Dow Jones Industrial Average fell 166 points, or 0.48%, to 34585, the S&P 500 declined 41 points, or 0.91%, to 4433, and the Nasdaq Composite dropped 138 points, or 0.91%, to 15044.\nFor the week, the Dow saw its third straight weekly decline, losing 0.1% and booking its longest weekly losing streak since the four weeks ending Sept. 25, 2020, according to Dow Jones Market Data. The S&P 500 fell 0.6% in a second straight week of losses, while the Nasdaq Composite lost 0.5%, also booking two straight weekly falls, according to FactSet.\nWhat's driving the market?\nChina's property market suffered heavy losses Monday, with shares of China Evergrande falling 13% in Hong Kong.\nThe 8.25% Evergrande bond that has interest payments due this week was trading at around 29 cents to the dollar on Monday, according to Reuters.\nMarkets were closed in mainland China for a holiday, but the Hang Seng dropped over 3%.\nThat's as Wall Street investors are poised to pick up where they left off last week -- on a weaker footing.\n\"The dip is due to a variety of causes, including fading earnings estimates, uncertainty related to shifting monetary policy, and instability in the world's second largest economy as a result of escalating crackdowns,\" said Naeem Aslam, chief market analyst at AvaTrade, in a note to clients.\nMarkets will be closely watching for any talk of tapering at the Fed's two-day policy meeting that begins Sept. 21. The central bank's ultra-easy policy stance, put in place more than a year ago to help the economy cope with the pandemic, looks untenable to some given spikes in inflation.\nThe economy has been giving off mixed signals, though, amid rising cases of coronavirus due to the delta variant. Friday's losses for Wall Street came as a reading on consumer sentiment held close to a roughly 10-year low.","news_type":1,"symbols_score_info":{"03333":0.9,"EGRNF":0.9,"HSI":0.9}},"isVote":1,"tweetType":1,"viewCount":667,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":887142160,"gmtCreate":1632012226751,"gmtModify":1676530685307,"author":{"id":"4091088321144510","authorId":"4091088321144510","name":"JunHaoT","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4091088321144510","idStr":"4091088321144510"},"themes":[],"htmlText":"Tech is the next trend&nbsp;","listText":"Tech is the next trend&nbsp;","text":"Tech is the next trend","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/887142160","repostId":"1171558890","repostType":4,"repost":{"id":"1171558890","kind":"news","pubTimestamp":1631921912,"share":"https://ttm.financial/m/news/1171558890?lang=en_US&edition=fundamental","pubTime":"2021-09-18 07:38","market":"us","language":"en","title":"US IPO Week Ahead: Software, consumer products, and payment tech lead a diverse 14 IPO week","url":"https://stock-news.laohu8.com/highlight/detail?id=1171558890","media":"renaissancecap...","summary":"Summer may be over, but the IPO market is just heating up as 14 IPOs are slated to raise $5.3 billio","content":"<p>Summer may be over, but the IPO market is just heating up as 14 IPOs are slated to raise $5.3 billion in the week ahead. The diverse group includes software, consumer products, payment technology, and more.</p>\n<p>The largest deal of the week,<b>Freshworks</b>(FRSH) plans to raise $855 million at a $9.6 billion market cap. The company’s core product is its customer support software, and it also offers IT service management software and a nascent competitor to CRM solutions. While losses are expected to increase with S&amp;M spending, Freshworks has delivered solid growth and 100%+ net dollar-based revenue retention as of 6/30/21.</p>\n<p>Canadian consumer products company&nbsp;<b>Knowlton Development</b>(KDC) plans to raise $800 million at a $3.1 billion market cap. Over the past three years, Knowlton has been responsible for co-developing 9,000+ products across a variety of categories, and its products are sold by its brand partners in 70+ countries. Despite using offering proceeds to pay down debt, Knowlton will be leveraged post-IPO.</p>\n<p>Restaurant payment processor&nbsp;<b>Toast</b>(TOST) plans to raise $685 million at a $17.9 billion market cap. Toast provides a suite of integrated payment and software solutions that are designed to streamline restaurant operations. The company grew ARR over 100% in the 1H21, though it has historically been unprofitable, and growth could slow as tailwinds from restaurants reopening abate.</p>\n<p>Global money transfer firm&nbsp;<b>Remitly Global</b>(RELY) plans to raise $487 million at a $7.5 billion market cap. Remitly provides digital financial services for immigrants and their families in over 135 countries, and it has expanded its core cross-border remittance product to over 1,700 corridors worldwide. The company has demonstrated growth and margin improvement, though it remains unprofitable.</p>\n<p>Software firm&nbsp;<b>Clearwater Analytics</b>(CWAN) plans to raise $450 million at a $3.7 billion market cap. Clearwater provides its 1,000+ clients with cloud-native software that allows them to simplify their investment accounting operations, and the company has a 100% recurring revenue model. A new investor and certain existing shareholders intend to purchase $150 million worth of shares in the IPO.</p>\n<p>Food company&nbsp;<b>Sovos Brands</b>(SOVO) plans to raise $350 million at a $1.5 billion market cap. Formed by Advent International, Sovos Brands offers a select group of acquired premium food brands. According to the company, its largest brand of products, Rao's, included the #1 selling SKU in the pasta and pizza sauce category. Profitable with solid growth, Sovos will be leveraged post-IPO.</p>\n<p>Customer engagement software provider&nbsp;<b>EngageSmart</b>(ESMT) plans to raise $349 million at a $4.1 billion market cap. The company provides software that simplifies online workflows like paperless billing, electronic payment processing, scheduling, and client communication. While growth may slow post-pandemic, EngageSmart has a sticky customer based and a long track record of profitability.</p>\n<p>Hiring solutions provider&nbsp;<b>Sterling Check</b>(STER) plans to raise $300 million at a $2.1 billion market cap. Sterling is one of the leading US providers of background checks for corporate and government customers. The company serves more than 50% of the Fortune 100, often with exclusive contracts, though it operates in a highly competitive market.</p>\n<p>Jewelry retailer&nbsp;<b>Brilliant Earth Group</b>(BRLT) plans to raise $250 million at a $1.4 billion. Brilliant Earth is a digital-first jewelry company and a global leader in ethically sourced fine jewelry. The company has sold to consumers in all US states and over 50 countries, and has served over 370,000 customers through its e-commerce platform and 13 showrooms.</p>\n<p>Online fashion platform&nbsp;<b>a.k.a. Brands</b>(AKA) plans to raise $250 million at a $2.3 billion market cap. a.k.a. acquires digitally-focused fashion brands oriented toward millennial and Gen Z consumers, starting with its acquisition of Princess Polly in 2018. The company has successfully expanded Princess Polly and has a long runway to grow its brands in the US, but its M&amp;A strategy carries execution risk.</p>\n<p>COVID-19 test maker&nbsp;<b>Cue Health</b>(HLTH) plans to raise $200 million at a $2.4 billion market cap. Cue’s first commercially available diagnostic test for use with its Cue Health Monitoring System is its COVID-19 Test Kit, which has been authorized by two EUAs. Cue has five additional Test Kits in late-stage technical development, for which it expects to begin seeking FDA authorization or clearance in the 2H22.</p>\n<p>London-listed crypto mining company&nbsp;<b>Argo Blockchain</b>(ARBK) plans to raise $138 million at an $855 million market cap. Argo states that it is a leading blockchain technology company focused on large-scale mining of Bitcoin and other cryptocurrencies. Argo has a fleet of more than 21,000 purpose-built computers (mining machines) and can generate more than 1,075 petahash per second.</p>\n<p>Personalized supplements seller&nbsp;<b>Thorne Healthtech</b>(THRN) plans to raise $126 million at an $892 million market cap. The company’s vertically integrated brands, Thorne and Onegevity, provide actionable insights and personalized data, products, and services. Profitable with strong growth, Thorne has a base of more than 3 million customers.</p>\n<p>Canadian bank&nbsp;<b>VersaBank</b>(VBNK) plans to raise $50 million at a $269 million market cap. VersaBank is a Canadian Schedule I chartered bank and states that it is one of the world's first fully digital financial institutions. As of July 31, 2021, VersaBank had $1.8 billion in assets, $1.6 billion in loans, $1.5 billion in deposits, and $202 million in stockholders' equity.</p>","source":"lsy1619493174116","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US IPO Week Ahead: Software, consumer products, and payment tech lead a diverse 14 IPO week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS IPO Week Ahead: Software, consumer products, and payment tech lead a diverse 14 IPO week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-18 07:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.renaissancecapital.com/IPO-Center/News/86272/US-IPO-Week-Ahead-Software-consumer-products-and-payment-tech-lead-a-divers><strong>renaissancecap...</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summer may be over, but the IPO market is just heating up as 14 IPOs are slated to raise $5.3 billion in the week ahead. The diverse group includes software, consumer products, payment technology, and...</p>\n\n<a href=\"https://www.renaissancecapital.com/IPO-Center/News/86272/US-IPO-Week-Ahead-Software-consumer-products-and-payment-tech-lead-a-divers\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CWAN":"Clearwater Analytics Holdings, Inc.","SOVO":"Sovos Brands, Inc.","RELY":"Remitly Global, Inc.","STER":"Sterling Check Corp.","FRSH":"Freshworks","TOST":"Toast, Inc.","HLTH":"Cue Health Inc.","AKA":"a.k.a. Brands Holding Corp.","BRLT":"Brilliant Earth Group, Inc.","THRN":"Thorne Healthtech","ESMT":"EngageSmart Inc.","ARBK":"Argo Blockchain Plc"},"source_url":"https://www.renaissancecapital.com/IPO-Center/News/86272/US-IPO-Week-Ahead-Software-consumer-products-and-payment-tech-lead-a-divers","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1171558890","content_text":"Summer may be over, but the IPO market is just heating up as 14 IPOs are slated to raise $5.3 billion in the week ahead. The diverse group includes software, consumer products, payment technology, and more.\nThe largest deal of the week,Freshworks(FRSH) plans to raise $855 million at a $9.6 billion market cap. The company’s core product is its customer support software, and it also offers IT service management software and a nascent competitor to CRM solutions. While losses are expected to increase with S&M spending, Freshworks has delivered solid growth and 100%+ net dollar-based revenue retention as of 6/30/21.\nCanadian consumer products company Knowlton Development(KDC) plans to raise $800 million at a $3.1 billion market cap. Over the past three years, Knowlton has been responsible for co-developing 9,000+ products across a variety of categories, and its products are sold by its brand partners in 70+ countries. Despite using offering proceeds to pay down debt, Knowlton will be leveraged post-IPO.\nRestaurant payment processor Toast(TOST) plans to raise $685 million at a $17.9 billion market cap. Toast provides a suite of integrated payment and software solutions that are designed to streamline restaurant operations. The company grew ARR over 100% in the 1H21, though it has historically been unprofitable, and growth could slow as tailwinds from restaurants reopening abate.\nGlobal money transfer firm Remitly Global(RELY) plans to raise $487 million at a $7.5 billion market cap. Remitly provides digital financial services for immigrants and their families in over 135 countries, and it has expanded its core cross-border remittance product to over 1,700 corridors worldwide. The company has demonstrated growth and margin improvement, though it remains unprofitable.\nSoftware firm Clearwater Analytics(CWAN) plans to raise $450 million at a $3.7 billion market cap. Clearwater provides its 1,000+ clients with cloud-native software that allows them to simplify their investment accounting operations, and the company has a 100% recurring revenue model. A new investor and certain existing shareholders intend to purchase $150 million worth of shares in the IPO.\nFood company Sovos Brands(SOVO) plans to raise $350 million at a $1.5 billion market cap. Formed by Advent International, Sovos Brands offers a select group of acquired premium food brands. According to the company, its largest brand of products, Rao's, included the #1 selling SKU in the pasta and pizza sauce category. Profitable with solid growth, Sovos will be leveraged post-IPO.\nCustomer engagement software provider EngageSmart(ESMT) plans to raise $349 million at a $4.1 billion market cap. The company provides software that simplifies online workflows like paperless billing, electronic payment processing, scheduling, and client communication. While growth may slow post-pandemic, EngageSmart has a sticky customer based and a long track record of profitability.\nHiring solutions provider Sterling Check(STER) plans to raise $300 million at a $2.1 billion market cap. Sterling is one of the leading US providers of background checks for corporate and government customers. The company serves more than 50% of the Fortune 100, often with exclusive contracts, though it operates in a highly competitive market.\nJewelry retailer Brilliant Earth Group(BRLT) plans to raise $250 million at a $1.4 billion. Brilliant Earth is a digital-first jewelry company and a global leader in ethically sourced fine jewelry. The company has sold to consumers in all US states and over 50 countries, and has served over 370,000 customers through its e-commerce platform and 13 showrooms.\nOnline fashion platform a.k.a. Brands(AKA) plans to raise $250 million at a $2.3 billion market cap. a.k.a. acquires digitally-focused fashion brands oriented toward millennial and Gen Z consumers, starting with its acquisition of Princess Polly in 2018. The company has successfully expanded Princess Polly and has a long runway to grow its brands in the US, but its M&A strategy carries execution risk.\nCOVID-19 test maker Cue Health(HLTH) plans to raise $200 million at a $2.4 billion market cap. Cue’s first commercially available diagnostic test for use with its Cue Health Monitoring System is its COVID-19 Test Kit, which has been authorized by two EUAs. Cue has five additional Test Kits in late-stage technical development, for which it expects to begin seeking FDA authorization or clearance in the 2H22.\nLondon-listed crypto mining company Argo Blockchain(ARBK) plans to raise $138 million at an $855 million market cap. Argo states that it is a leading blockchain technology company focused on large-scale mining of Bitcoin and other cryptocurrencies. Argo has a fleet of more than 21,000 purpose-built computers (mining machines) and can generate more than 1,075 petahash per second.\nPersonalized supplements seller Thorne Healthtech(THRN) plans to raise $126 million at an $892 million market cap. The company’s vertically integrated brands, Thorne and Onegevity, provide actionable insights and personalized data, products, and services. Profitable with strong growth, Thorne has a base of more than 3 million customers.\nCanadian bank VersaBank(VBNK) plans to raise $50 million at a $269 million market cap. VersaBank is a Canadian Schedule I chartered bank and states that it is one of the world's first fully digital financial institutions. As of July 31, 2021, VersaBank had $1.8 billion in assets, $1.6 billion in loans, $1.5 billion in deposits, and $202 million in stockholders' equity.","news_type":1,"symbols_score_info":{"FRSH":0.9,"RELY":0.9,"STER":0.9,"BRLT":0.9,"SOVO":0.9,"THRN":0.9,"ESMT":0.9,"CWAN":0.9,"TOST":0.9,"ARBK":0.9,"KDC":0.9,"AKA":0.9,"HLTH":0.9}},"isVote":1,"tweetType":1,"viewCount":798,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":887092080,"gmtCreate":1631940243340,"gmtModify":1676530675078,"author":{"id":"4091088321144510","authorId":"4091088321144510","name":"JunHaoT","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4091088321144510","idStr":"4091088321144510"},"themes":[],"htmlText":"Do own due diligence, always.&nbsp;","listText":"Do own due diligence, always.&nbsp;","text":"Do own due diligence, always.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/887092080","repostId":"2168885573","repostType":4,"isVote":1,"tweetType":1,"viewCount":727,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":814890175,"gmtCreate":1630803295497,"gmtModify":1676530396209,"author":{"id":"4091088321144510","authorId":"4091088321144510","name":"JunHaoT","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4091088321144510","idStr":"4091088321144510"},"themes":[],"htmlText":"The only way is up","listText":"The only way is up","text":"The only way is up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/814890175","repostId":"2164803577","repostType":4,"isVote":1,"tweetType":1,"viewCount":869,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":881670256,"gmtCreate":1631335719075,"gmtModify":1676530532033,"author":{"id":"4091088321144510","authorId":"4091088321144510","name":"JunHaoT","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4091088321144510","idStr":"4091088321144510"},"themes":[],"htmlText":"Won't stop apple from moving up","listText":"Won't stop apple from moving up","text":"Won't stop apple from moving up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/881670256","repostId":"2166711943","repostType":4,"repost":{"id":"2166711943","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":1631315453,"share":"https://ttm.financial/m/news/2166711943?lang=en_US&edition=fundamental","pubTime":"2021-09-11 07:10","market":"us","language":"en","title":"Wall Street ends down, Apple sinks on app store ruling","url":"https://stock-news.laohu8.com/highlight/detail?id=2166711943","media":"Reuters","summary":"Sept 10  - Wall Street ended sharply lower on Friday as investors weighed signs of higher inflation, while Apple Inc tumbled following an unfavorable court ruling related to its app store.U.S. producer prices rose solidly in August, leading to the biggest annual gain in nearly 11 years and indicating that high inflation was likely to persist as the pandemic pressures supply chains, data showed.Sentiment also took a hit from Cleveland Federal Reserve Bank President Loretta Mester's comments that ","content":"<p>* U.S. producer prices rise solidly in August</p>\n<p>* Apple falls after 'Fortnite' case ruling</p>\n<p>* Kroger falls as shipping woes hurt margins</p>\n<p>Sept 10 (Reuters) - Wall Street ended sharply lower on Friday as investors weighed signs of higher inflation, while Apple Inc tumbled following an unfavorable court ruling related to its app store.</p>\n<p>U.S. producer prices rose solidly in August, leading to the biggest annual gain in nearly 11 years and indicating that high inflation was likely to persist as the pandemic pressures supply chains, data showed.</p>\n<p>Sentiment also took a hit from Cleveland Federal Reserve Bank President Loretta Mester's comments that she would still like the central bank to begin tapering asset purchases this year despite the weak August jobs report.</p>\n<p>The S&amp;P 500 has risen about 19% in 2021, buoyed by support from dovish central bank policies and re-opening optimism.</p>\n<p>However, Wall Street has moved sideways in recent sessions as investor digest indications of increased inflation and concerns about the Delta variant's impact on the economic recovery. Investors are also uncertain about when the Federal Reserve may begin reducing massive measures enacted last year to shield the economy from the pandemic.</p>\n<p>\"The market is taking a breather,\" said Greg Bassuk, CEO of AXS Investments. \"Investors are looking for some outsized news or information that is beyond the band of expectations, something much more outsized, positively or negatively, that will give investors better visibility into how things are going to look for the balance of the year.\"</p>\n<p>Apple dropped 3.3% after a judge struck down a core part of its App Store rules, benefiting app makers. Its drop contributed more than any other stocks to the Nasdaq and S&amp;P 500's declines.</p>\n<p>Shares of app makers rallied, with Spotify Technology&nbsp;up 0.7%, and Activision Blizzard and Electronic Arts both gaining about 2%.</p>\n<p>Losses in the three main indexes accelerated toward the end of the session.</p>\n<p>The Dow Jones Industrial Average fell 0.78% to close at 34,607.72 points, while the S&amp;P 500 lost 0.77% to 4,458.58.</p>\n<p>The Nasdaq Composite dropped 0.87% to 15,115.49.</p>\n<p>For the week, the S&amp;P 500 lost 1.7%, the Dow declined 2.15% and the Nasdaq shed 1.61%.</p>\n<p>Friday was the first time since February that the S&amp;P 500 declined five days in a row.</p>\n<p>All of the eleven S&amp;P 500 sector indexes fell, with real estate and utilities each down more than 1% and leading the declines.</p>\n<p>Affirm&nbsp;Exploded 34% on Robust Revenue Growth and Guidance, Analysts Impressive Amid Faster Than Expected Merchant and Customer Growth.</p>\n<p>Grocer Kroger Co slumped nearly 8% after it said global supply chain disruptions, freight costs, discounts and wastage would hit its profit margins.</p>\n<p>Volume on U.S. exchanges was 10.0 billion shares, compared with the 9.2 billion average for the full session over the last 20 trading days.</p>\n<p>Declining issues outnumbered advancing ones on the NYSE by a 1.84-to-1 ratio; on Nasdaq, a 1.88-to-1 ratio favored decliners.</p>\n<p>The S&amp;P 500 posted 15 new 52-week highs and 3 new lows; the Nasdaq Composite recorded 55 new highs and 47 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>Wall Street ends down, Apple sinks on app store ruling</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall Street ends down, Apple sinks on app store ruling\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\">2021-09-11 07:10</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>* U.S. producer prices rise solidly in August</p>\n<p>* Apple falls after 'Fortnite' case ruling</p>\n<p>* Kroger falls as shipping woes hurt margins</p>\n<p>Sept 10 (Reuters) - Wall Street ended sharply lower on Friday as investors weighed signs of higher inflation, while Apple Inc tumbled following an unfavorable court ruling related to its app store.</p>\n<p>U.S. producer prices rose solidly in August, leading to the biggest annual gain in nearly 11 years and indicating that high inflation was likely to persist as the pandemic pressures supply chains, data showed.</p>\n<p>Sentiment also took a hit from Cleveland Federal Reserve Bank President Loretta Mester's comments that she would still like the central bank to begin tapering asset purchases this year despite the weak August jobs report.</p>\n<p>The S&amp;P 500 has risen about 19% in 2021, buoyed by support from dovish central bank policies and re-opening optimism.</p>\n<p>However, Wall Street has moved sideways in recent sessions as investor digest indications of increased inflation and concerns about the Delta variant's impact on the economic recovery. Investors are also uncertain about when the Federal Reserve may begin reducing massive measures enacted last year to shield the economy from the pandemic.</p>\n<p>\"The market is taking a breather,\" said Greg Bassuk, CEO of AXS Investments. \"Investors are looking for some outsized news or information that is beyond the band of expectations, something much more outsized, positively or negatively, that will give investors better visibility into how things are going to look for the balance of the year.\"</p>\n<p>Apple dropped 3.3% after a judge struck down a core part of its App Store rules, benefiting app makers. Its drop contributed more than any other stocks to the Nasdaq and S&amp;P 500's declines.</p>\n<p>Shares of app makers rallied, with Spotify Technology&nbsp;up 0.7%, and Activision Blizzard and Electronic Arts both gaining about 2%.</p>\n<p>Losses in the three main indexes accelerated toward the end of the session.</p>\n<p>The Dow Jones Industrial Average fell 0.78% to close at 34,607.72 points, while the S&amp;P 500 lost 0.77% to 4,458.58.</p>\n<p>The Nasdaq Composite dropped 0.87% to 15,115.49.</p>\n<p>For the week, the S&amp;P 500 lost 1.7%, the Dow declined 2.15% and the Nasdaq shed 1.61%.</p>\n<p>Friday was the first time since February that the S&amp;P 500 declined five days in a row.</p>\n<p>All of the eleven S&amp;P 500 sector indexes fell, with real estate and utilities each down more than 1% and leading the declines.</p>\n<p>Affirm&nbsp;Exploded 34% on Robust Revenue Growth and Guidance, Analysts Impressive Amid Faster Than Expected Merchant and Customer Growth.</p>\n<p>Grocer Kroger Co slumped nearly 8% after it said global supply chain disruptions, freight costs, discounts and wastage would hit its profit margins.</p>\n<p>Volume on U.S. exchanges was 10.0 billion shares, compared with the 9.2 billion average for the full session over the last 20 trading days.</p>\n<p>Declining issues outnumbered advancing ones on the NYSE by a 1.84-to-1 ratio; on Nasdaq, a 1.88-to-1 ratio favored decliners.</p>\n<p>The S&amp;P 500 posted 15 new 52-week highs and 3 new lows; the Nasdaq Composite recorded 55 new highs and 47 new lows.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯","ATVI":"动视暴雪",".IXIC":"NASDAQ Composite","KR":"克罗格",".SPX":"S&P 500 Index","EA":"艺电","AAPL":"苹果","DIDI":"滴滴(已退市)","SPOT":"Spotify Technology S.A."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2166711943","content_text":"* U.S. producer prices rise solidly in August\n* Apple falls after 'Fortnite' case ruling\n* Kroger falls as shipping woes hurt margins\nSept 10 (Reuters) - Wall Street ended sharply lower on Friday as investors weighed signs of higher inflation, while Apple Inc tumbled following an unfavorable court ruling related to its app store.\nU.S. producer prices rose solidly in August, leading to the biggest annual gain in nearly 11 years and indicating that high inflation was likely to persist as the pandemic pressures supply chains, data showed.\nSentiment also took a hit from Cleveland Federal Reserve Bank President Loretta Mester's comments that she would still like the central bank to begin tapering asset purchases this year despite the weak August jobs report.\nThe S&P 500 has risen about 19% in 2021, buoyed by support from dovish central bank policies and re-opening optimism.\nHowever, Wall Street has moved sideways in recent sessions as investor digest indications of increased inflation and concerns about the Delta variant's impact on the economic recovery. Investors are also uncertain about when the Federal Reserve may begin reducing massive measures enacted last year to shield the economy from the pandemic.\n\"The market is taking a breather,\" said Greg Bassuk, CEO of AXS Investments. \"Investors are looking for some outsized news or information that is beyond the band of expectations, something much more outsized, positively or negatively, that will give investors better visibility into how things are going to look for the balance of the year.\"\nApple dropped 3.3% after a judge struck down a core part of its App Store rules, benefiting app makers. Its drop contributed more than any other stocks to the Nasdaq and S&P 500's declines.\nShares of app makers rallied, with Spotify Technology up 0.7%, and Activision Blizzard and Electronic Arts both gaining about 2%.\nLosses in the three main indexes accelerated toward the end of the session.\nThe Dow Jones Industrial Average fell 0.78% to close at 34,607.72 points, while the S&P 500 lost 0.77% to 4,458.58.\nThe Nasdaq Composite dropped 0.87% to 15,115.49.\nFor the week, the S&P 500 lost 1.7%, the Dow declined 2.15% and the Nasdaq shed 1.61%.\nFriday was the first time since February that the S&P 500 declined five days in a row.\nAll of the eleven S&P 500 sector indexes fell, with real estate and utilities each down more than 1% and leading the declines.\nAffirm Exploded 34% on Robust Revenue Growth and Guidance, Analysts Impressive Amid Faster Than Expected Merchant and Customer Growth.\nGrocer Kroger Co slumped nearly 8% after it said global supply chain disruptions, freight costs, discounts and wastage would hit its profit margins.\nVolume on U.S. exchanges was 10.0 billion shares, compared with the 9.2 billion average for the full session over the last 20 trading days.\nDeclining issues outnumbered advancing ones on the NYSE by a 1.84-to-1 ratio; on Nasdaq, a 1.88-to-1 ratio favored decliners.\nThe S&P 500 posted 15 new 52-week highs and 3 new lows; the Nasdaq Composite recorded 55 new highs and 47 new lows.","news_type":1,"symbols_score_info":{".DJI":0.9,"DIDI":0.9,".SPX":0.9,"AAPL":0.9,"SPOT":0.9,"ATVI":0.9,"KR":0.9,"EA":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":601,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":882287424,"gmtCreate":1631696434768,"gmtModify":1676530611423,"author":{"id":"4091088321144510","authorId":"4091088321144510","name":"JunHaoT","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4091088321144510","idStr":"4091088321144510"},"themes":[],"htmlText":"Just a temporary dip","listText":"Just a temporary dip","text":"Just a temporary dip","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/882287424","repostId":"1103263635","repostType":4,"repost":{"id":"1103263635","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":1631693868,"share":"https://ttm.financial/m/news/1103263635?lang=en_US&edition=fundamental","pubTime":"2021-09-15 16:17","market":"us","language":"en","title":"Some hot chinese concept stocks slipped in premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1103263635","media":"Tiger Newspress","summary":"Some hot chinese concept stocks slipped in premarket trading.Alibaba,Pinduoduo,JD.COM,Baidu,Bilibili","content":"<p>Some hot chinese concept stocks slipped in premarket trading.Alibaba,Pinduoduo,JD.COM,Baidu,Bilibili,Didi Global&nbsp;and&nbsp;KE Holdings&nbsp;fell between 1% and 2%.</p>\n<p><img src=\"https://static.tigerbbs.com/bfea1b49ec8c6be31a92e7926eb863b6\" tg-width=\"424\" tg-height=\"426\" width=\"100%\" height=\"auto\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Some hot chinese concept stocks slipped in premarket trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSome hot chinese concept stocks slipped in premarket trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-09-15 16:17</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Some hot chinese concept stocks slipped in premarket trading.Alibaba,Pinduoduo,JD.COM,Baidu,Bilibili,Didi Global&nbsp;and&nbsp;KE Holdings&nbsp;fell between 1% and 2%.</p>\n<p><img src=\"https://static.tigerbbs.com/bfea1b49ec8c6be31a92e7926eb863b6\" tg-width=\"424\" tg-height=\"426\" width=\"100%\" height=\"auto\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103263635","content_text":"Some hot chinese concept stocks slipped in premarket trading.Alibaba,Pinduoduo,JD.COM,Baidu,Bilibili,Didi Global and KE Holdings fell between 1% and 2%.","news_type":1,"symbols_score_info":{"BABA":0.9}},"isVote":1,"tweetType":1,"viewCount":872,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":885627763,"gmtCreate":1631789228052,"gmtModify":1676530636008,"author":{"id":"4091088321144510","authorId":"4091088321144510","name":"JunHaoT","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4091088321144510","idStr":"4091088321144510"},"themes":[],"htmlText":"Both will raise","listText":"Both will raise","text":"Both will raise","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/885627763","repostId":"1126607843","repostType":4,"repost":{"id":"1126607843","kind":"news","pubTimestamp":1631785252,"share":"https://ttm.financial/m/news/1126607843?lang=en_US&edition=fundamental","pubTime":"2021-09-16 17:40","market":"us","language":"en","title":"Apple Vs. Microsoft: Who Is Inclined To Fall Harder In Case Of Correction","url":"https://stock-news.laohu8.com/highlight/detail?id=1126607843","media":"seekingalpha","summary":"Summary\n\nObjectively, the likelihood of a significant correction in the stock market now deserves at","content":"<p><b>Summary</b></p>\n<ul>\n <li>Objectively, the likelihood of a significant correction in the stock market now deserves attention.</li>\n <li>In the recent past, Apple and Microsoft have responded differently to a significant decline in the stock market.</li>\n <li>Apple and&nbsp;Microsoft tend to be undervalued in terms of future cash flow, and overvalued in terms of potential dividends.</li>\n <li>In the event of a hypothetical correction, Microsoft's potential for falling is lower than Apple's.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a07b4e98bb726c0044932fc29b3089b3\" tg-width=\"1536\" tg-height=\"1208\" width=\"100%\" height=\"auto\"><span>vicnt/iStock via Getty Images</span></p>\n<p><b>As an introduction...</b></p>\n<p>Since the last major correction in the US stock market ended in March 2020, the Nasdaq index has risen nearly 170%:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/05a849f8e9ddf15f484770a5f0227fcd\" tg-width=\"635\" tg-height=\"371\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p>\n<p>For a year and a half, this is a very strong result, considering that the average annual total price return of the index over the past decade does not exceed 20%.<i>This fact alone makes us estimate the likelihood of a new significant correction in the stock market higher.</i></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/37eb0178d9d463c7419b99632a6ec614\" tg-width=\"640\" tg-height=\"396\" width=\"100%\" height=\"auto\"><span>Source: VisualizedAnalytics</span></p>\n<p>In addition, there are other factors that make us wary of the current price level of the market.</p>\n<p>First, this year there is a record inflow of liquidity to the stock market. I'm not talking about the reasons now, they are obvious. But this fact alone makes the market extremely volatile:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/10623d7cecd8dec70bb229b809458b68\" tg-width=\"1242\" tg-height=\"918\" width=\"100%\" height=\"auto\"><span>Source: Bank of America</span></p>\n<p>Second, the relative size of the US stock market has exceeded 200% of nominal GDP. In principle, this is not a fundamental limit. But it was the ultra-soft monetary policy that allowed the US stock market to reach its current record level. And most likely, in this context, a reversal is&nbsp;already outlined.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f69cd6450737ddf3e5fcbd6406c793ba\" tg-width=\"640\" tg-height=\"396\" width=\"100%\" height=\"auto\"><span>Source: VisualizedAnalytics</span></p>\n<p>And finally the third. The macrocycle also allows us to expect the market to enter a phase of increased volatility and tightening of monetary policy:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1d6a6a794dde6f4e1d3e6e9149b55060\" tg-width=\"640\" tg-height=\"396\" width=\"100%\" height=\"auto\"><span>Source: VisualizedAnalytics</span></p>\n<p>So, objectively, the likelihood of the next correction of the stock market at least deserves attention. And in this context, I propose to answer the question:<i>in case of a correction, which company is inclined to fall harder - Apple (AAPL) or Microsoft (MSFT)?</i></p>\n<p><b>Why Apple vs. Microsoft?</b></p>\n<p>The decision to compare exactly these two companies was dictated by two factors.</p>\n<p>Firstly, these are the two largest companies in the tech sector, together accounting for more than 10% of the total capitalization of the US stock market. These companies are so large that, in principle, their dynamics alone can cause a new wave of correction:</p>\n<p><img src=\"https://static.tigerbbs.com/cf3ef401b67c298ecbd9d56d31fc6927\" tg-width=\"640\" tg-height=\"396\" width=\"100%\" height=\"auto\"></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/31417d34d6eacb724c20b3a274068467\" tg-width=\"640\" tg-height=\"396\" width=\"100%\" height=\"auto\"><span>Source: VisualizedAnalytics</span></p>\n<p>Secondly, both companies pay dividends. In matters of fundamental valuation, this factor plays a significant role.</p>\n<p><b>Some Statistics</b></p>\n<p>To begin with, let's take a look at what price dynamics both companies have shown during strong market fluctuations in the recent past.</p>\n<p>To do this, I have broken the three-year span into eight periods of market movement:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/edfd9dec91d94990cf5217aa649758ac\" tg-width=\"947\" tg-height=\"578\" width=\"100%\" height=\"auto\"><span>Source: TradingView, Author</span></p>\n<p>Here are the results that companies have shown in each of the periods:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/868067f19c2251bfdb0658a251596fcc\" tg-width=\"640\" tg-height=\"214\" width=\"100%\" height=\"auto\"><span>Source: Author</span></p>\n<p>At first glance, the statistics are unambiguous:<i>during periods of correction, the price of Microsoft tends to decrease less than that of Apple.</i>But on the other hand, Apple has consistently performed better during periods of market growth. And in this case, the result obtained can simply be explained by the technical factors of the market behavior.</p>\n<p>But in the current period of growth, both companies demonstrate approximately the same return. And therefore, here we do not find a clue to our question...</p>\n<p><b>Fundamentals</b></p>\n<p>Exclusively in an investment context, the price of a company's share can be viewed from two points of view.</p>\n<p>On the one hand, the price reflects the present value of the company's&nbsp;<b>future cash flow</b>. On the other hand, the price is the present value of the sum of&nbsp;<b>all potential dividends</b>that the company will pay in the future. Let's model these prices for Apple and Microsoft. And for this I will build, respectively, the Discounted Cash Flow Model and the Dividend Discount Model.</p>\n<p>In order for the models to be less subjective, I will take as a basis the average expectations of analysts regarding the revenue and EPS of the companies in the next decade.</p>\n<p>Let's start with&nbsp;<b>Apple</b>. Here is the calculation of the Weighted Average Cost of Capital:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2f8fc4e5dc7025dd1227ea5279073aa5\" tg-width=\"640\" tg-height=\"396\" width=\"100%\" height=\"auto\"><span>Source: Author</span></p>\n<p>Notes:</p>\n<ul>\n <li>In order to calculate the market rate of return, I used values of equityriskpremium (4.72%) and the current yield of UST10 as a risk-free rate (1.33%).</li>\n <li>I used the current&nbsp;value&nbsp;of the three-year beta coefficient. For a terminal year, I used Beta equal to 1.</li>\n <li>To calculate the Cost of Debt, I used the interest expense for 2020 divided by the average debt in 2019 and 2018.</li>\n</ul>\n<p>Here is the DCF model:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9bfb45a9125bb1f465cd34a6a8a6d06a\" tg-width=\"640\" tg-height=\"520\" width=\"100%\" height=\"auto\"><span>Source: Author</span></p>\n<p><b>The DCF-based target price for Apple's shares is about $181 (+22%).</b></p>\n<p>In the case of Apple, when building the Dividend Discount Model it is also necessary to take into account the fact that the company continues to actively buy back:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d84076d0fc1bb5dbec8c1e6e19434153\" tg-width=\"635\" tg-height=\"371\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p>\n<p>Continuing the current dynamics, the model assumes that by the terminal year the number of diluted shares will be reduced to 13.5 billion.</p>\n<p>Apple spends an average of 25% of its net income on dividends. I assume that the payout ratio will remain at this level.</p>\n<p>Here is the Dividend Discount Model itself:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b8990a8299cc0652d77815710f0ab427\" tg-width=\"640\" tg-height=\"292\" width=\"100%\" height=\"auto\"><span>Source: Author</span></p>\n<p><b><i>The DDM-based target price for Apple's shares is $69 (-54%).</i></b></p>\n<p>Now let's take a look at Microsoft.</p>\n<p>Here is the calculation of the WACC:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/15889e90904c69497b749f28bd64190f\" tg-width=\"640\" tg-height=\"396\" width=\"100%\" height=\"auto\"><span>Source: Author</span></p>\n<p>And here is the DCF model:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7dca7339e43f534807bf043b1931e1db\" tg-width=\"640\" tg-height=\"506\" width=\"100%\" height=\"auto\"><span>Source: Author</span></p>\n<p><b>The DCF-based target price for Microsoft's shares is about $353 (+18%).</b></p>\n<p>Microsoft is also actively buying back shares:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1deec463f584b5eb7913d72938d3e1ca\" tg-width=\"635\" tg-height=\"371\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p>\n<p>I proceed from the assumption that the dynamics of the last two years will continue, and by the terminal year, the number of diluted shares will be reduced to 7.2 billion.</p>\n<p>Here is the Dividend Discount Model:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/18c863b92e948f78e518d5619b44647d\" tg-width=\"640\" tg-height=\"283\" width=\"100%\" height=\"auto\"><span>Source: Author</span></p>\n<p><b><i>The DDM-based target price for Microsoft's shares is $203 (-32%).</i></b></p>\n<p>Let's summarize:</p>\n<p><img src=\"https://static.tigerbbs.com/84b527d82270843e021a89a9ecdf68e6\" tg-width=\"906\" tg-height=\"212\" width=\"100%\" height=\"auto\"></p>\n<p>It is worth noting that I have already been observing similar results in the case of these companies for a long time. I mean, Apple and Microsoft tend to be undervalued in terms of future cash flow, and overvalued in terms of potential dividends.</p>\n<p>This suggests that during periods of market growth, investors are not particularly inclined to pay attention to dividends. Moreover, most likely dividends are perceived simply as a bonus.</p>\n<p>But during periods of market correction, the present value of potential dividends is the minimum level below which it is difficult for the price to fall. And in this context, I think Microsoft is in a better position than Apple.</p>\n<p><b>Bottom line</b></p>\n<p>At the current stage of the market cycle, when the likelihood of a correction has gone beyond formal, in my opinion, investing in Microsoft is less risky compared to Apple.</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 Vs. Microsoft: Who Is Inclined To Fall Harder In Case Of Correction</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 Vs. Microsoft: Who Is Inclined To Fall Harder In Case Of Correction\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-16 17:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4455478-apple-stock-vs-microsoft-stock-who-is-inclined-to-fall-harder-in-case-of-correction><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nObjectively, the likelihood of a significant correction in the stock market now deserves attention.\nIn the recent past, Apple and Microsoft have responded differently to a significant decline...</p>\n\n<a href=\"https://seekingalpha.com/article/4455478-apple-stock-vs-microsoft-stock-who-is-inclined-to-fall-harder-in-case-of-correction\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软","AAPL":"苹果"},"source_url":"https://seekingalpha.com/article/4455478-apple-stock-vs-microsoft-stock-who-is-inclined-to-fall-harder-in-case-of-correction","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1126607843","content_text":"Summary\n\nObjectively, the likelihood of a significant correction in the stock market now deserves attention.\nIn the recent past, Apple and Microsoft have responded differently to a significant decline in the stock market.\nApple and Microsoft tend to be undervalued in terms of future cash flow, and overvalued in terms of potential dividends.\nIn the event of a hypothetical correction, Microsoft's potential for falling is lower than Apple's.\n\nvicnt/iStock via Getty Images\nAs an introduction...\nSince the last major correction in the US stock market ended in March 2020, the Nasdaq index has risen nearly 170%:\nData by YCharts\nFor a year and a half, this is a very strong result, considering that the average annual total price return of the index over the past decade does not exceed 20%.This fact alone makes us estimate the likelihood of a new significant correction in the stock market higher.\nSource: VisualizedAnalytics\nIn addition, there are other factors that make us wary of the current price level of the market.\nFirst, this year there is a record inflow of liquidity to the stock market. I'm not talking about the reasons now, they are obvious. But this fact alone makes the market extremely volatile:\nSource: Bank of America\nSecond, the relative size of the US stock market has exceeded 200% of nominal GDP. In principle, this is not a fundamental limit. But it was the ultra-soft monetary policy that allowed the US stock market to reach its current record level. And most likely, in this context, a reversal is already outlined.\nSource: VisualizedAnalytics\nAnd finally the third. The macrocycle also allows us to expect the market to enter a phase of increased volatility and tightening of monetary policy:\nSource: VisualizedAnalytics\nSo, objectively, the likelihood of the next correction of the stock market at least deserves attention. And in this context, I propose to answer the question:in case of a correction, which company is inclined to fall harder - Apple (AAPL) or Microsoft (MSFT)?\nWhy Apple vs. Microsoft?\nThe decision to compare exactly these two companies was dictated by two factors.\nFirstly, these are the two largest companies in the tech sector, together accounting for more than 10% of the total capitalization of the US stock market. These companies are so large that, in principle, their dynamics alone can cause a new wave of correction:\n\nSource: VisualizedAnalytics\nSecondly, both companies pay dividends. In matters of fundamental valuation, this factor plays a significant role.\nSome Statistics\nTo begin with, let's take a look at what price dynamics both companies have shown during strong market fluctuations in the recent past.\nTo do this, I have broken the three-year span into eight periods of market movement:\nSource: TradingView, Author\nHere are the results that companies have shown in each of the periods:\nSource: Author\nAt first glance, the statistics are unambiguous:during periods of correction, the price of Microsoft tends to decrease less than that of Apple.But on the other hand, Apple has consistently performed better during periods of market growth. And in this case, the result obtained can simply be explained by the technical factors of the market behavior.\nBut in the current period of growth, both companies demonstrate approximately the same return. And therefore, here we do not find a clue to our question...\nFundamentals\nExclusively in an investment context, the price of a company's share can be viewed from two points of view.\nOn the one hand, the price reflects the present value of the company's future cash flow. On the other hand, the price is the present value of the sum of all potential dividendsthat the company will pay in the future. Let's model these prices for Apple and Microsoft. And for this I will build, respectively, the Discounted Cash Flow Model and the Dividend Discount Model.\nIn order for the models to be less subjective, I will take as a basis the average expectations of analysts regarding the revenue and EPS of the companies in the next decade.\nLet's start with Apple. Here is the calculation of the Weighted Average Cost of Capital:\nSource: Author\nNotes:\n\nIn order to calculate the market rate of return, I used values of equityriskpremium (4.72%) and the current yield of UST10 as a risk-free rate (1.33%).\nI used the current value of the three-year beta coefficient. For a terminal year, I used Beta equal to 1.\nTo calculate the Cost of Debt, I used the interest expense for 2020 divided by the average debt in 2019 and 2018.\n\nHere is the DCF model:\nSource: Author\nThe DCF-based target price for Apple's shares is about $181 (+22%).\nIn the case of Apple, when building the Dividend Discount Model it is also necessary to take into account the fact that the company continues to actively buy back:\nData by YCharts\nContinuing the current dynamics, the model assumes that by the terminal year the number of diluted shares will be reduced to 13.5 billion.\nApple spends an average of 25% of its net income on dividends. I assume that the payout ratio will remain at this level.\nHere is the Dividend Discount Model itself:\nSource: Author\nThe DDM-based target price for Apple's shares is $69 (-54%).\nNow let's take a look at Microsoft.\nHere is the calculation of the WACC:\nSource: Author\nAnd here is the DCF model:\nSource: Author\nThe DCF-based target price for Microsoft's shares is about $353 (+18%).\nMicrosoft is also actively buying back shares:\nData by YCharts\nI proceed from the assumption that the dynamics of the last two years will continue, and by the terminal year, the number of diluted shares will be reduced to 7.2 billion.\nHere is the Dividend Discount Model:\nSource: Author\nThe DDM-based target price for Microsoft's shares is $203 (-32%).\nLet's summarize:\n\nIt is worth noting that I have already been observing similar results in the case of these companies for a long time. I mean, Apple and Microsoft tend to be undervalued in terms of future cash flow, and overvalued in terms of potential dividends.\nThis suggests that during periods of market growth, investors are not particularly inclined to pay attention to dividends. Moreover, most likely dividends are perceived simply as a bonus.\nBut during periods of market correction, the present value of potential dividends is the minimum level below which it is difficult for the price to fall. And in this context, I think Microsoft is in a better position than Apple.\nBottom line\nAt the current stage of the market cycle, when the likelihood of a correction has gone beyond formal, in my opinion, investing in Microsoft is less risky compared to Apple.","news_type":1,"symbols_score_info":{"MSFT":0.9,"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":731,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3581817256198016","authorId":"3581817256198016","name":"eveev","avatar":"https://community-static.tradeup.com/news/acfc6af760312ed64b31cfbcca1e2276","crmLevel":11,"crmLevelSwitch":0,"authorIdStr":"3581817256198016","idStr":"3581817256198016"},"content":"The one that rises more","text":"The one that rises more","html":"The one that rises more"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9001161596,"gmtCreate":1641192947504,"gmtModify":1676533581416,"author":{"id":"4091088321144510","authorId":"4091088321144510","name":"JunHaoT","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4091088321144510","idStr":"4091088321144510"},"themes":[],"htmlText":"Haha. Huat again&nbsp;","listText":"Haha. Huat again&nbsp;","text":"Haha. Huat again","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9001161596","repostId":"2200544080","repostType":4,"isVote":1,"tweetType":1,"viewCount":1213,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":881770783,"gmtCreate":1631409851542,"gmtModify":1676530542038,"author":{"id":"4091088321144510","authorId":"4091088321144510","name":"JunHaoT","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4091088321144510","idStr":"4091088321144510"},"themes":[],"htmlText":"Always making new high&nbsp;","listText":"Always making new high&nbsp;","text":"Always making new high","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/881770783","repostId":"2166377033","repostType":4,"isVote":1,"tweetType":1,"viewCount":802,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9006613357,"gmtCreate":1641706037097,"gmtModify":1676533641727,"author":{"id":"4091088321144510","authorId":"4091088321144510","name":"JunHaoT","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4091088321144510","idStr":"4091088321144510"},"themes":[],"htmlText":"Apple is just ready&nbsp;","listText":"Apple is just ready&nbsp;","text":"Apple is just ready","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9006613357","repostId":"1198290127","repostType":4,"repost":{"id":"1198290127","kind":"news","pubTimestamp":1641702682,"share":"https://ttm.financial/m/news/1198290127?lang=en_US&edition=fundamental","pubTime":"2022-01-09 12:31","market":"us","language":"en","title":"Can Apple Stock Reclaim $3 Trillion And Thrive In 2022?","url":"https://stock-news.laohu8.com/highlight/detail?id=1198290127","media":"TheStreet","summary":"A market cap of $3 trillion has, so far, proven to be a ceiling that Apple stock does not seem ready","content":"<html><head></head><body><p>A market cap of $3 trillion has, so far, proven to be a ceiling that Apple stock does not seem ready to break through yet. Can shares reclaim the milestone soon and head higher in 2022?</p><p>Recently, Apple stock flirted with $3 trillion in market cap, but quickly dipped below $2.9 trillion — as the broad market reacted to monetary tightening that should now happen more rapidly than previously expected.</p><p>Can shares of the Cupertino company finally find its way north in 2022 and meet the expectations of so many bulls on Wall Street? Or will bearishness take over during a year of rising interest rates and lingering inflation?</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1f77cd919bf55f9c7b79f631b0255910\" tg-width=\"1240\" tg-height=\"697\" referrerpolicy=\"no-referrer\"/><span>Figure 1: Apple Park in Cupertino, CA.</span></p><p><b>AAPL: the bull case</b></p><p>As Apple stock climbed viciously between late November and early December, many Wall Street experts piled on in support of “AAPL $3T”. Wedbush’s Dan Ives, for example, has been talking about the market cap milestone since our conversation in Q3 of last year, at least.</p><p>But other analysts have also hopped on the bullish bandwagon recently. Morgan Stanley upped its price target to $200 per share in November, while the JPMorgan research team saw Apple stock heading to $3.5 trillion in market cap over the next 12 months.</p><p>One of the most vocal optimists came from the buy side. Loup’s Gene Munster thought that his previous price target had quickly become stale, and that $250 per share now seemed more reasonable. In his opinion, the multi-year opportunity in the metaverse will gain investor appreciation in the new year, which should reignite momentum that the stock had lost in the last few weeks of 2021.</p><p><b>AAPL: the bear case</b></p><p>Despite the upbeat expectations described above, mostly supported by company-specific factors, the market rolled into 2022 with its guard up. The boogieman of the moment seems to be the Federal Reserve’s anticipated reaction to near-full employment and sticky inflation, which should lead to higher interest rates in the next several months.</p><p>I have recently explained how tighter money supply can spell trouble for stocks that trade for relatively high multiples. While AAPL is no Tesla or Rivian, the stock’s forward P/E of nearly 30 times and only modest earnings growth expectations could be a drag for share price in 2022, as investors look for better deals in value and cyclical stocks.</p><p><b>The Apple Maven’s take</b></p><p>I continue to think that Apple is a great stock to buy and hold for the long term. Under the leadership of a CEO (and former COO) that is driven by operational excellence, the company seems to be in very good hands. Better yet, demand for Apple’s products and services, as well as consumer appreciation for the brand, seem to be at or near an all-time high.</p><p>That said, the setup for the first few weeks or months of 2022 looks challenging to me. Apple stock climbed relentlessly in 2020, and then again last year. Aided by a spike in pandemic-driven demand for tech devices and lavish liquidity in the system, AAPL recorded one of its best three years of returns ever between 2019 and 2021.</p><p>As much as the metaverse and autonomous vehicles can and likely will support the company’s financial results over the next many years, I think that AAPL stock is overdue for a breather. While shares will likely climb back above $3 trillion and head much higher from there eventually, I am not so confident that this rally will happen in the immediate future.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Can Apple Stock Reclaim $3 Trillion And Thrive In 2022?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCan Apple Stock Reclaim $3 Trillion And Thrive In 2022?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-09 12:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/apple/stock/can-apple-stock-reclaim-3-trillion-and-thrive-in-2022><strong>TheStreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A market cap of $3 trillion has, so far, proven to be a ceiling that Apple stock does not seem ready to break through yet. Can shares reclaim the milestone soon and head higher in 2022?Recently, Apple...</p>\n\n<a href=\"https://www.thestreet.com/apple/stock/can-apple-stock-reclaim-3-trillion-and-thrive-in-2022\">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/stock/can-apple-stock-reclaim-3-trillion-and-thrive-in-2022","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1198290127","content_text":"A market cap of $3 trillion has, so far, proven to be a ceiling that Apple stock does not seem ready to break through yet. Can shares reclaim the milestone soon and head higher in 2022?Recently, Apple stock flirted with $3 trillion in market cap, but quickly dipped below $2.9 trillion — as the broad market reacted to monetary tightening that should now happen more rapidly than previously expected.Can shares of the Cupertino company finally find its way north in 2022 and meet the expectations of so many bulls on Wall Street? Or will bearishness take over during a year of rising interest rates and lingering inflation?Figure 1: Apple Park in Cupertino, CA.AAPL: the bull caseAs Apple stock climbed viciously between late November and early December, many Wall Street experts piled on in support of “AAPL $3T”. Wedbush’s Dan Ives, for example, has been talking about the market cap milestone since our conversation in Q3 of last year, at least.But other analysts have also hopped on the bullish bandwagon recently. Morgan Stanley upped its price target to $200 per share in November, while the JPMorgan research team saw Apple stock heading to $3.5 trillion in market cap over the next 12 months.One of the most vocal optimists came from the buy side. Loup’s Gene Munster thought that his previous price target had quickly become stale, and that $250 per share now seemed more reasonable. In his opinion, the multi-year opportunity in the metaverse will gain investor appreciation in the new year, which should reignite momentum that the stock had lost in the last few weeks of 2021.AAPL: the bear caseDespite the upbeat expectations described above, mostly supported by company-specific factors, the market rolled into 2022 with its guard up. The boogieman of the moment seems to be the Federal Reserve’s anticipated reaction to near-full employment and sticky inflation, which should lead to higher interest rates in the next several months.I have recently explained how tighter money supply can spell trouble for stocks that trade for relatively high multiples. While AAPL is no Tesla or Rivian, the stock’s forward P/E of nearly 30 times and only modest earnings growth expectations could be a drag for share price in 2022, as investors look for better deals in value and cyclical stocks.The Apple Maven’s takeI continue to think that Apple is a great stock to buy and hold for the long term. Under the leadership of a CEO (and former COO) that is driven by operational excellence, the company seems to be in very good hands. Better yet, demand for Apple’s products and services, as well as consumer appreciation for the brand, seem to be at or near an all-time high.That said, the setup for the first few weeks or months of 2022 looks challenging to me. Apple stock climbed relentlessly in 2020, and then again last year. Aided by a spike in pandemic-driven demand for tech devices and lavish liquidity in the system, AAPL recorded one of its best three years of returns ever between 2019 and 2021.As much as the metaverse and autonomous vehicles can and likely will support the company’s financial results over the next many years, I think that AAPL stock is overdue for a breather. While shares will likely climb back above $3 trillion and head much higher from there eventually, I am not so confident that this rally will happen in the immediate future.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":3201,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":886650103,"gmtCreate":1631587736402,"gmtModify":1676530583364,"author":{"id":"4091088321144510","authorId":"4091088321144510","name":"JunHaoT","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4091088321144510","idStr":"4091088321144510"},"themes":[],"htmlText":"IPhone is coming&nbsp;","listText":"IPhone is coming&nbsp;","text":"IPhone is coming","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/886650103","repostId":"1185576409","repostType":4,"isVote":1,"tweetType":1,"viewCount":558,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":883249834,"gmtCreate":1631248022928,"gmtModify":1676530508575,"author":{"id":"4091088321144510","authorId":"4091088321144510","name":"JunHaoT","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4091088321144510","idStr":"4091088321144510"},"themes":[],"htmlText":"Buy apple","listText":"Buy apple","text":"Buy apple","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/883249834","repostId":"2166120346","repostType":4,"isVote":1,"tweetType":1,"viewCount":591,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":880477946,"gmtCreate":1631077338985,"gmtModify":1676530461335,"author":{"id":"4091088321144510","authorId":"4091088321144510","name":"JunHaoT","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4091088321144510","idStr":"4091088321144510"},"themes":[],"htmlText":"Buy","listText":"Buy","text":"Buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/880477946","repostId":"1143120804","repostType":4,"repost":{"id":"1143120804","kind":"news","pubTimestamp":1631072080,"share":"https://ttm.financial/m/news/1143120804?lang=en_US&edition=fundamental","pubTime":"2021-09-08 11:34","market":"us","language":"en","title":"Amazon: Stock Still Attractive With Shift Towards E-Commerce And Cloud Growth","url":"https://stock-news.laohu8.com/highlight/detail?id=1143120804","media":"Seeking Alpha","summary":"Summary\n\nThe company’s revenue growth in 2020 exceeded our expectations and we revised its growth ra","content":"<p><b>Summary</b></p>\n<ul>\n <li>The company’s revenue growth in 2020 exceeded our expectations and we revised its growth rate forecast to 15.8%.</li>\n <li>While growth is moderating following a stellar year with robust activity, the company remains poised to benefit from the e-commerce shift with a forecast penetration rate of 22% of retail.</li>\n <li>AWS is expected to remain as the number 1 market leader for the foreseeable future.</li>\n <li>We revised our valuation using DCF analysis to obtain a new price target of $4,303,18 from $3,358.73.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d2ca0bbeb0cb7be66a257f4e9d5f5fa1\" tg-width=\"1536\" tg-height=\"1024\" width=\"100%\" height=\"auto\"><span>4kodiak/iStock Unreleased via Getty Images</span></p>\n<p>Since our previous&nbsp;coverage, Amazon Inc.'s (AMZN) stock has risen by 26% and exceeded our revenue growth expectations of 24.5% and finished 2020 up by 37.6% on exceptional growth of its online retail business growing by 40% to nearly $200 bln and third-party services at $80bln. In this analysis, we re-examine its key growth drivers namely online retail, third party services and AWS.</p>\n<p>Despite the softness in Q2 of its online store sales growth of 13% and soft Q3&nbsp;guidance&nbsp;of 13% YoY at the midpoint, indicating a sign of normalizing growth, the secular growth outlook of the e-commerce market remains attractive from the continued shift towards online retail which Amazon has an established market position. As more consumers shift their purchasing behavior online, the share of e-commerce is forecasted to reach 22% by 2023 from 18% in 2020. We believe that Amazon's well-established market position with a massive Prime membership base as loyal customers and solid logistics and shipping network providing it with an advantage as seen with the rise of its e-commerce marketplace with third-party sellers. Moreover, its cloud business is expected to remain the market leader of the cloud infrastructure market for the foreseeable future with continued commitment towards growth and underpinned by rising data volumes.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4a78658eabc40ec60c6713019d6f800c\" tg-width=\"640\" tg-height=\"360\" width=\"100%\" height=\"auto\"><span>Source: Amazon</span></p>\n<p><b>E-commerce Sales Outlook Still Attractive Despite Normalizing Growth</b></p>\n<p>Amazon's online store&nbsp;sales&nbsp;have surged 40% in 2020 from 14.8% in the prior year as it benefitted from the prolonged lockdowns and restrictions on physical retailers which saw the accelerated shift towards e-commerce adoption. However, despite the slowdown in its online store growth in Q2 2021 of 13% YoY compared to 41% in Q1, we believe that the company is poised to continue reaping the secular tailwinds of the rising e-commerce adoption.</p>\n<p>According to eMarketer, the share of e-commerce sales is forecasted to&nbsp;reach&nbsp;22% of global retail sales as consumers continue to shift towards online buying. Global retail sales are forecasted to bound back by 7.2% with the vaccination drives across the world and easing business restrictions. Thus, the e-commerce sales forecast is 10.2% in 2021 which represents a normalized growth from 27.6% in 2019 as the penetration rate surged to 18% from 14% in the past year.</p>\n<table>\n <tbody>\n  <tr>\n   <td><p><b>Global E-Commerce Market ($ bln)</b></p></td>\n   <td><p><b>2016</b></p></td>\n   <td><p><b>2017</b></p></td>\n   <td><p><b>2018</b></p></td>\n   <td><p><b>2019</b></p></td>\n   <td><p><b>2020</b></p></td>\n   <td><p><b>2021F</b></p></td>\n   <td><p><b>2022F</b></p></td>\n   <td><p><b>2023F</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Total Global Retail Sales ('a')</p></td>\n   <td><p>21,453</p></td>\n   <td><p>22,904</p></td>\n   <td><p>23,560</p></td>\n   <td><p>24,780</p></td>\n   <td><p>23,778</p></td>\n   <td><p>25,490</p></td>\n   <td><p>27,172</p></td>\n   <td><p>28,395</p></td>\n  </tr>\n  <tr>\n   <td><p>Growth %</p></td>\n   <td><p>2.6%</p></td>\n   <td><p>6.8%</p></td>\n   <td><p>2.9%</p></td>\n   <td><p>5.2%</p></td>\n   <td><p>-4.0%</p></td>\n   <td><p>7.20%</p></td>\n   <td><p>6.60%</p></td>\n   <td><p>4.50%</p></td>\n  </tr>\n  <tr>\n   <td><p>Retail E-commerce Sales ('b')</p></td>\n   <td><p>1,845</p></td>\n   <td><p>2,382</p></td>\n   <td><p>2,982</p></td>\n   <td><p>3,354</p></td>\n   <td><p>4,280</p></td>\n   <td><p>4,716</p></td>\n   <td><p>5,434</p></td>\n   <td><p>6,247</p></td>\n  </tr>\n  <tr>\n   <td><p>Growth %</p></td>\n   <td><p>19.2%</p></td>\n   <td><p>29.1%</p></td>\n   <td><p>25.2%</p></td>\n   <td><p>12.5%</p></td>\n   <td><p>27.6%</p></td>\n   <td><p>10.2%</p></td>\n   <td><p>15.2%</p></td>\n   <td><p>15.0%</p></td>\n  </tr>\n  <tr>\n   <td><p><b>Penetration Rate ('c')</b></p></td>\n   <td><p>9%</p></td>\n   <td><p>10%</p></td>\n   <td><p>12%</p></td>\n   <td><p>14%</p></td>\n   <td><p>18%</p></td>\n   <td><p>19%</p></td>\n   <td><p>20%</p></td>\n   <td><p>22%</p></td>\n  </tr>\n </tbody>\n</table>\n<p><i>* B = C x A</i></p>\n<p><i>Source: Statista, eMarketer, Khaveen Investments</i></p>\n<p>Amazon's established market positioning is an added competitive strength of it to capitalize on the market growth. More specifically, it is hard to win over the company in the key criteria of price, choice and convenience. Evidently, the company's Prime membership continued to grow in 2020 by 15% to 142.5 mln members or roughly 43% of the US&nbsp;population. This indicates the strong attraction of loyal customers to the company providing it with a massive install base. Through Prime membership, consumers are also pushed to buy more to obtain various benefits.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/125c2baa1b52e2787075210f05321e20\" tg-width=\"904\" tg-height=\"492\" width=\"100%\" height=\"auto\"><span>Source: Backlinko</span></p>\n<p>In addition to Prime members, the company has been able to consistently&nbsp;attract&nbsp;sellers to its platform with 3.3 mln new sellers since 2017 or 3,718 per day. Currently, it has 9.7 mlnsellersworldwide across the US, UK, Germany, Japan, etc. Thus, the company has established itself as the dominant market leader and is far ahead of its next closest competitor in terms of e-commerce sales.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6272ba7ee8cf6f5aab477b8425f34923\" tg-width=\"640\" tg-height=\"355\" width=\"100%\" height=\"auto\"><span>Source: Marketing Charts</span></p>\n<p>Its market leadership is quite extensive across different product categories and markets as illustrated in the table below. For example, it accounts for Its consumer &amp; consumer electronics sales is the largest product category accounting for 50.2% of the products' total e-commerce sales in the US and 26.7% of total retail sales. This is followed by apparel &amp; accessories, books music &amp; video and furniture and home furnishings which is 32%, 83.2% and 34.2 % of e-commerce sales.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c6765530fd408a02c75515a712af4087\" tg-width=\"640\" tg-height=\"725\" width=\"100%\" height=\"auto\"><span>Source: eMarketer</span></p>\n<p>Among the product categories, the electronics category is the most popular among shoppers in the US with 44% of US shoppers having&nbsp;purchased&nbsp;electronics on Amazon. It also sells its own electronicdevicesincluding Echo smart speakers which account for 70% of the US market share followed by Google (GOOG) and Apple (AAPL) and continues to develop the product with newer generations and software&nbsp;updates. In 2020, the company shipped over 38 mln smart speaker&nbsp;units&nbsp;and accounted for 28.3% of the global market share of shipments. We estimated its revenues from the sale of its smart speakers based on the average&nbsp;price&nbsp;of the Echo product family of $103 to be around $3.94 bln in revenues which is around 2% of its online store revenues. However, it also faces increasing competition especially from the Chinese manufacturers such as Baidu (BIDU) and Xiaomi (OTCPK:XIACF) which dominate the China market.</p>\n<p>All in all, the company has a massive product breadth of 12 mln&nbsp;products&nbsp;excluding books, media, wine and services and with the growing seller base, we expect this product breadth to continue to be expanded and provide customers unique value proposition with product variety.</p>\n<p>Thus, we expect its solid market dominance with an ecosystem of an established customer base and loyal Prime members and a large seller base with extensive market leadership across various key product categories with a broad product breadth to support its long-term growth. We projected its online store growth based on our expectation of its market share at 4.5% based on a 5-year average on the global e-commerce sales.</p>\n<table>\n <tbody>\n  <tr>\n   <td><p><b>Amazon Online Stores ($ bln)</b></p></td>\n   <td><p><b>2016</b></p></td>\n   <td><p><b>2017</b></p></td>\n   <td><p><b>2018</b></p></td>\n   <td><p><b>2019</b></p></td>\n   <td><p><b>2020</b></p></td>\n   <td><p><b>2021F</b></p></td>\n   <td><p><b>2022F</b></p></td>\n   <td><p><b>2023F</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Total Retail Sales ('a')</p></td>\n   <td><p>21,453</p></td>\n   <td><p>22,904</p></td>\n   <td><p>23,560</p></td>\n   <td><p>24,780</p></td>\n   <td><p>23,778</p></td>\n   <td><p>25,490</p></td>\n   <td><p>27,172</p></td>\n   <td><p>28,395</p></td>\n  </tr>\n  <tr>\n   <td><p>Growth %</p></td>\n   <td><p>2.6%</p></td>\n   <td><p>6.8%</p></td>\n   <td><p>2.9%</p></td>\n   <td><p>5.2%</p></td>\n   <td><p>-4.0%</p></td>\n   <td><p>7.20%</p></td>\n   <td><p>6.60%</p></td>\n   <td><p>4.50%</p></td>\n  </tr>\n  <tr>\n   <td><p>Retail E-commerce Sales ('b')</p></td>\n   <td><p>1,845</p></td>\n   <td><p>2,382</p></td>\n   <td><p>2,982</p></td>\n   <td><p>3,354</p></td>\n   <td><p>4,280</p></td>\n   <td><p>4,716</p></td>\n   <td><p>5,434</p></td>\n   <td><p>6,247</p></td>\n  </tr>\n  <tr>\n   <td><p>Growth %</p></td>\n   <td><p>19.2%</p></td>\n   <td><p>29.1%</p></td>\n   <td><p>25.2%</p></td>\n   <td><p>12.5%</p></td>\n   <td><p>27.6%</p></td>\n   <td><p>10.2%</p></td>\n   <td><p>15.2%</p></td>\n   <td><p>15.0%</p></td>\n  </tr>\n  <tr>\n   <td><p><b>Penetration Rate ('c')</b></p></td>\n   <td><p>9%</p></td>\n   <td><p>10%</p></td>\n   <td><p>12%</p></td>\n   <td><p>14%</p></td>\n   <td><p>18%</p></td>\n   <td><p>19%</p></td>\n   <td><p>20%</p></td>\n   <td><p>22%</p></td>\n  </tr>\n  <tr>\n   <td><p>Growth %</p></td>\n   <td><p>16.2%</p></td>\n   <td><p>20.9%</p></td>\n   <td><p>17.3%</p></td>\n   <td><p>11.5%</p></td>\n   <td><p>32.4%</p></td>\n   <td><p>2.8%</p></td>\n   <td><p>8.1%</p></td>\n   <td><p>10.0%</p></td>\n  </tr>\n  <tr>\n   <td><p>Amazon Online Stores Revenues ('d')</p></td>\n   <td><p>91.43</p></td>\n   <td><p>108.35</p></td>\n   <td><p>122.99</p></td>\n   <td><p>141.25</p></td>\n   <td><p>197.35</p></td>\n   <td><p>211.74</p></td>\n   <td><p>244.02</p></td>\n   <td><p>280.50</p></td>\n  </tr>\n  <tr>\n   <td><p>Growth %</p></td>\n   <td><p>18.5%</p></td>\n   <td><p>13.5%</p></td>\n   <td><p>14.8%</p></td>\n   <td><p>39.7%</p></td>\n   <td><p>7.3%</p></td>\n   <td><p>15.2%</p></td>\n   <td><p>15.0%</p></td>\n  </tr>\n  <tr>\n   <td><p>Amazon Online Stores Market Share ('e')</p></td>\n   <td><p>5.0%</p></td>\n   <td><p>4.5%</p></td>\n   <td><p>4.1%</p></td>\n   <td><p>4.2%</p></td>\n   <td><p>4.6%</p></td>\n   <td><p>4.5%</p></td>\n   <td><p>4.5%</p></td>\n   <td><p>4.5%</p></td>\n  </tr>\n </tbody>\n</table>\n<p><i>* B = A x C</i></p>\n<p><i>*D = B x E</i></p>\n<p><i>Source: Statista, Khaveen Investments</i></p>\n<p><b>The Rise of Third-party Seller Services</b></p>\n<p>Another major advantage of the company is its logistics and shipping operations, which has become an impenetrable moat that few other companies will ever have the resources or ability to match, with Amazon partnering with most major delivery providers in the country. By leveraging its robust network, it offers programs to enable sellers to sell their products through its marketplace and fulfill orders through the company.</p>\n<p>With Fulfillment by Amazon ('FBA'), third party sellersstore&nbsp;products in Amazon's fulfillment centers, and it picks, packs, ships, and provide customer service for these products. Amazon is not the seller but earns commissions and related fulfillment and shipping fees including inventory management, payment processing, shipment tracking and reporting from the arrangements from its third-party sellers who are largely comprised of small- and medium-sized businesses.</p>\n<p>Selling on Amazon as a third-party seller is an increasingly popular option for sellers. It ultimately&nbsp;provides&nbsp;more flexibility and control, a stronger brand presence, and better data access. Over the past years, the rise of third-party sellers on Amazon is seen with the rising&nbsp;share&nbsp;of third-party sales as a % of its gross merchandise sales at 62% of total sales.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ed0a2a75af197d4bf9dca92caab27d6c\" tg-width=\"640\" tg-height=\"539\" width=\"100%\" height=\"auto\"><span>Source: FourWeekMBA</span></p>\n<p>The chart below further illustrates Amazon's large network of logistics and shipping. Its fulfillment center network is one of several ways it&nbsp;enhances&nbsp;its logistics and shipping process taking on FedEx and UPS and has been ramping up efforts to launch its delivery network as well with growing fleets of airplanes, drones and vans. Amazon's own logistics business&nbsp;delivered&nbsp;1.9 bln packages in the US.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5732f32df08132a67f1f9ead2376b2fb\" tg-width=\"600\" tg-height=\"233\" width=\"100%\" height=\"auto\"><span>Source: WebFX</span></p>\n<p>Moreover, its wide logistics and shipping coverage with over 100 active warehouses across the US with the highest number of facilities in California, Texas and New Jersey. Additionally, it is expanding heavily in the south with the highest number of planned warehouses. For example, the upcoming&nbsp;opening&nbsp;of a 1 million-square-foot fulfillmentcenter in Missouri in 2021 where employees will pack and ship larger-sized customer items like patio furniture, outdoor equipment or rugs. In 2020, it&nbsp;announced&nbsp;plans for 7 new fulfillmentcenters including a 600,000-square-foot facility in Florida, an 855,000-square foot facility in Tennessee and a 625,000square-foot fulfillment center in Texas.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d45f3a6df0a41b23e4f1d8fe2edb77d3\" tg-width=\"640\" tg-height=\"360\" width=\"100%\" height=\"auto\"><span>Source: CNBC</span></p>\n<p>Overall, these are among the factors which lead to the company's strength from its wide logistics network in terms of shipping speed. The company is highly popular for its speedy shipping and even has&nbsp;free&nbsp;Two-Day and even Same Day Shipping Programs for Prime members. Based on the survey below, the majority or 80% cited fast and free shipping as the major reason for choosing Amazon. We believe that the company's planned expansion would continue to enhance its logistics network and maintain its popularity among customers.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d4143366dbcb762fad253420cdb1b5f1\" tg-width=\"640\" tg-height=\"409\" width=\"100%\" height=\"auto\"><span>Source: Statista</span></p>\n<p>We forecasted the company's retail third-party seller services revenues which consist of fulfillment service-related revenues derived from the sales from third-party sellers. Amazon's third-party gross merchandise sales are forecasted to increase its share of total retail e-commerce sales as a growth rate of 9% based on the past 5-year average with the rising popularity of third-party sales on its marketplace. Moreover, we also forecasted the share of revenues that Amazon earns to grow by 1% from 27.3% based on the 2-year average as Amazon continues to expand its fulfillment capabilities to cater to its third-party sellers. This trend is also believed to be significant for margin expansion of the company as gross margins third-party seller services isestimatedto be between 60% to 75% of sales which is lower than AWS at 80% but still higher than the company's overall gross margin of 37% due to high costs tied up with the cost of sales which&nbsp;represents&nbsp;60% of its total sales.</p>\n<table>\n <tbody>\n  <tr>\n   <td><p><b>Third-Party Seller Services Revenues ($ bln)</b></p></td>\n   <td><p><b>2016</b></p></td>\n   <td><p><b>2017</b></p></td>\n   <td><p><b>2018</b></p></td>\n   <td><p><b>2019</b></p></td>\n   <td><p><b>2020</b></p></td>\n   <td><p><b>2021F</b></p></td>\n   <td><p><b>2022F</b></p></td>\n   <td><p><b>2023F</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Global Retail E-commerce Sales ('a')</p></td>\n   <td><p>1,845</p></td>\n   <td><p>2,382</p></td>\n   <td><p>2,982</p></td>\n   <td><p>3,354</p></td>\n   <td><p>4,280</p></td>\n   <td><p>4,716</p></td>\n   <td><p>5,434</p></td>\n   <td><p>6,247</p></td>\n  </tr>\n  <tr>\n   <td><p>Growth %</p></td>\n   <td><p>19.2%</p></td>\n   <td><p>29.1%</p></td>\n   <td><p>25.2%</p></td>\n   <td><p>12.5%</p></td>\n   <td><p>27.6%</p></td>\n   <td><p>10.2%</p></td>\n   <td><p>15.2%</p></td>\n   <td><p>15.0%</p></td>\n  </tr>\n  <tr>\n   <td><p>Amazon Third Party Market Share ('b')</p></td>\n   <td><p>5.6%</p></td>\n   <td><p>5.5%</p></td>\n   <td><p>5.4%</p></td>\n   <td><p>6.0%</p></td>\n   <td><p>6.9%</p></td>\n   <td><p>7.5%</p></td>\n   <td><p>8.1%</p></td>\n   <td><p>8.9%</p></td>\n  </tr>\n  <tr>\n   <td><p>Growth %</p></td>\n   <td><p>21%</p></td>\n   <td><p>-2%</p></td>\n   <td><p>-2%</p></td>\n   <td><p>11%</p></td>\n   <td><p>16%</p></td>\n   <td><p>9%</p></td>\n   <td><p>9%</p></td>\n   <td><p>9%</p></td>\n  </tr>\n  <tr>\n   <td><p>Third-party (Amazon marketplace) GMV ('c')</p></td>\n   <td><p>103</p></td>\n   <td><p>130</p></td>\n   <td><p>160</p></td>\n   <td><p>200</p></td>\n   <td><p>295</p></td>\n   <td><p>353</p></td>\n   <td><p>443</p></td>\n   <td><p>553</p></td>\n  </tr>\n  <tr>\n   <td><p>Growth %</p></td>\n   <td><p>26.2%</p></td>\n   <td><p>23.1%</p></td>\n   <td><p>25.0%</p></td>\n   <td><p>47.5%</p></td>\n   <td><p>19.8%</p></td>\n   <td><p>25.3%</p></td>\n   <td><p>25.0%</p></td>\n  </tr>\n  <tr>\n   <td><p>% Of Revenues ('d')</p></td>\n   <td><p>22.3%</p></td>\n   <td><p>24.5%</p></td>\n   <td><p>26.7%</p></td>\n   <td><p>26.9%</p></td>\n   <td><p>27.3%</p></td>\n   <td><p>27.6%</p></td>\n   <td><p>27.8%</p></td>\n   <td><p>28.1%</p></td>\n  </tr>\n  <tr>\n   <td><p>Growth %</p></td>\n   <td><p>9.9%</p></td>\n   <td><p>9.0%</p></td>\n   <td><p>0.6%</p></td>\n   <td><p>1.5%</p></td>\n   <td><p>1.0%</p></td>\n   <td><p>1.0%</p></td>\n   <td><p>1.0%</p></td>\n  </tr>\n  <tr>\n   <td><p>Retail third-party seller services revenues ('e')</p></td>\n   <td><p>22.99</p></td>\n   <td><p>31.88</p></td>\n   <td><p>42.75</p></td>\n   <td><p>53.76</p></td>\n   <td><p>80.46</p></td>\n   <td><p>97.37</p></td>\n   <td><p>123.25</p></td>\n   <td><p>155.61</p></td>\n  </tr>\n  <tr>\n   <td><p>Growth %</p></td>\n   <td><p>38.7%</p></td>\n   <td><p>34.1%</p></td>\n   <td><p>25.8%</p></td>\n   <td><p>49.7%</p></td>\n   <td><p>21.0%</p></td>\n   <td><p>26.6%</p></td>\n   <td><p>26.3%</p></td>\n  </tr>\n </tbody>\n</table>\n<p><i>*C = A x B</i></p>\n<p><i>*E = C x D</i></p>\n<p><i>Source: Amazon, Statista, Khaveen Investments</i></p>\n<p><b>AWS Growth by Data Volume Growth</b></p>\n<p>Another key area of growth of the company is cloud computing with notable largeclientssuch as Netflix (NFLX), Verizon (VZ), Capital One (COF), McDonald's (MCD). AWS revenues grew strongly at 29.5% in 2020 with a market share of 31.8% of the cloud infrastructuremarket. Since its launch nearly 2 decades ago, it has grown to become the market leader for years and looks set to maintain the status quo for the foreseeable future despite rising competition especially from Microsoft (MSFT) and Google gaining market share outpacing Amazon's growth.</p>\n<p>The rapid growth of the cloud infrastructure market is underpinned by the rising volume of global data volume creation at aCAGRof 23% until 2025 as data volume is projected to grow to more than 180 zettabytes as the world becomes more data-driven with the rise of data analytics, 5G and IoT spurring the growth of data creation.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d467bae68efe047fa8c695360d5b551c\" tg-width=\"640\" tg-height=\"360\" width=\"100%\" height=\"auto\"><span>Source: Statista, Khaveen Investments</span></p>\n<p>We projected the growth of the cloud infrastructure market based on the forecasted growth of data volume at a 23%&nbsp;CAGR&nbsp;through 2025 at an average cloud infrastructure/data growth factor of 1.72.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cd3a646de29cd8f5659eeaabcbf4831d\" tg-width=\"640\" tg-height=\"360\" width=\"100%\" height=\"auto\"><span>* A = B x C Source: Statista, Khaveen Investments</span></p>\n<p>Thus, despite the plateauing market share of AWS as competitors like Microsoft outpaces its growth, we still believe in the massive opportunity in the cloud infrastructure market with the growing data volumes. Not to mention, the company has highlighted its commitment towards AWS with new client relationships such as major sports leagues around the world including National Hockey League, the PGA Tour, Formula 1 and the German Bundesliga. Furthermore, it also recently&nbsp;announced&nbsp;a relationship with Dish Network to build out cloud-based 5G infrastructure and would expand its data center footprint in Israel and the United Arab Emirates. It currently offers 80 availability zones across 25 geographic regions and plans to launch 15 more availability zones to support its cloud growth.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5ebc384fe7bf254090200574fd352254\" tg-width=\"640\" tg-height=\"360\" width=\"100%\" height=\"auto\"><span>Source: Canalys, Khaveen Investments</span></p>\n<p>All in all, we projected AWS's revenue growth based on our market share forecast assumptions that its market share leadership is slowly chipped away by fast-growing competitors notably Microsoft but still maintaining its market leadership backed by solid large client relationship leveraging AWS. Based on a forecasted market share of 30.7% by 2023, we expect AWS revenues to grow to $81.5 bln.</p>\n<table>\n <tbody>\n  <tr>\n   <td><p><b>AWS Forecasts</b></p></td>\n   <td><p><b>2018</b></p></td>\n   <td><p><b>2019</b></p></td>\n   <td><p><b>2020</b></p></td>\n   <td><p><b>2021F</b></p></td>\n   <td><p><b>2022F</b></p></td>\n   <td><p><b>2023F</b></p></td>\n  </tr>\n  <tr>\n   <td><p>AWS Market Share</p></td>\n   <td><p>32.6%</p></td>\n   <td><p>32.3%</p></td>\n   <td><p>31.8%</p></td>\n   <td><p>31.2%</p></td>\n   <td><p>31.0%</p></td>\n   <td><p>30.7%</p></td>\n  </tr>\n  <tr>\n   <td><p>AWS Revenues ($ bln)</p></td>\n   <td><p>25.66</p></td>\n   <td><p>35.03</p></td>\n   <td><p>45.37</p></td>\n   <td><p>54.58</p></td>\n   <td><p>66.81</p></td>\n   <td><p>81.52</p></td>\n  </tr>\n  <tr>\n   <td><p>Growth %</p></td>\n   <td><p>47.0%</p></td>\n   <td><p>36.5%</p></td>\n   <td><p>29.5%</p></td>\n   <td><p>20.3%</p></td>\n   <td><p>22.4%</p></td>\n   <td><p>22.0%</p></td>\n  </tr>\n </tbody>\n</table>\n<p><i>Source: Amazon, Canalys, Khaveen Investments</i></p>\n<p>While AWS only makes up 11% of its total revenues, its superior margins of 29% compared to only 2.8% for the other company segments has AWS accounting for 59% of operating income in 2020 which highlights the significance of AWS to its bottom line.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/17ae44c90f44af56478935039edb4cc7\" tg-width=\"640\" tg-height=\"360\" width=\"100%\" height=\"auto\"><span>Source: Amazon</span></p>\n<p><b>Antimonopoly and Data Privacy Fine Risk</b></p>\n<p>Amazon has been&nbsp;involved&nbsp;in allegations of the company's approach to unfairly attain data and information from third-party sellers, stated by the Democrats' report with the company's e-commerce market share around 40% in the US. With the reliance of sellers on Amazon's sales channel, Amazon can charge sellers exceptional fees and further penalizing sellers for lowering their prices on other sites. Also, a bipartisan group of House lawmakers is pushing big tech including Amazon for anoverhaulof their business practices under an expansive set of antitrust reforms that would make it harder for dominant platforms to complete mergers and prohibit them from owning businesses that present clear conflicts of interest.</p>\n<p>Whereas in the&nbsp;European Union, Amazon has been hit with the largest GDPR fine to date. The EU is moving beyond data breaches and zeroing in on data practices. Amazon faced a $888 million fine from violating the bloc's data protection rules. Amazon has been accused to violate the EU's General Data Protection Regulation (GDPR). GDPR allows forfinesof up to 4% of Amazon's revenue, which the released number indicated around 4.2% of Amazon's $21.3 billion income in 2020.</p>\n<p><b>Valuation</b></p>\n<p>The company has had average revenue growth of 29.4% in the past 5 years with an average gross and net margin of 38.6% and 3.5% respectively. The strength of the company is its rising margins as its net margins have risen due to the superior growth of its cloud segment which commands higher margins. The AWS segment has a high operating margin of 29.6% versus 2.8% for the remaining business segments.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a075f1644a849d94c77b8707596cf501\" tg-width=\"640\" tg-height=\"360\" width=\"100%\" height=\"auto\"><span>Source: Amazon, Khaveen Investments</span></p>\n<p>More importantly, the company has decent and imposing cash-generating abilities with an average FCF margin of 3.01% in the past 5 years. In 2017, its FCF margin dipped due to the&nbsp;acquisition&nbsp;of Whole Foods for $13.7 bln. The strength of its cash flows is the rising margins as its AWS business which is more profitable exhibits a higher growth than other segments.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/78710672b48942ad15fa6ecdd9fffaf9\" tg-width=\"640\" tg-height=\"360\" width=\"100%\" height=\"auto\"><span>Source: Amazon, Khaveen Investments</span></p>\n<p>The company's balance sheet strength is its strong ability to meet its debt obligations. It has a net debt of $113 bln in 2020 with an EBITDA/interest coverage ratio of 44x in 2020. Its ratio has steadily increased in the past 5 years from 32x as it grew its profitability with the superior growth of AWS.</p>\n<p>To value Amazon, we used a DCF valuation as the company has had positive free cash flows in the past. We got an industry average EV/EBITDA of 27.64x based on comparable companies as shown in the table below.</p>\n<table>\n <tbody>\n  <tr>\n   <td><p><b>Company</b></p></td>\n   <td><p><b>EV/EBITDA</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Amazon</p></td>\n   <td><p>28.57x</p></td>\n  </tr>\n  <tr>\n   <td><p>Alibaba (BABA)</p></td>\n   <td><p>21.14x</p></td>\n  </tr>\n  <tr>\n   <td><p>Microsoft</p></td>\n   <td><p>25.89x</p></td>\n  </tr>\n  <tr>\n   <td><p>Google</p></td>\n   <td><p>22.46x</p></td>\n  </tr>\n  <tr>\n   <td><p><b>Average</b></p></td>\n   <td><p><b>24.52x</b></p></td>\n  </tr>\n </tbody>\n</table>\n<p><i>Source: SeekingAlpha</i></p>\n<p>The revenue growth projections aresummarized below based on the revenue breakdown by its online stores, physical stores, retail third party seller services, subscription services, AWS and others. The online store projections are derived from its market share assumption on the forecasted growth of the e-commerce market while physical store sales are based on the retail sales growth rate forecast of 7.2% in 2021. Retail third-party seller services are derived from its share of third-party seller GMV of the total e-commerce market and an assumption of a % cut it earns as revenues from commissions and related fees. The AWS revenues are projected from the cloud market growth based on the rising data volumes forecasts. Other segments are based on its average 3-year growth rates. Beyond 2023, we tapered down our growth forecasts with a weighted CAGR of 14.2% of the e-commerce and cloud computing market through 2027 and tapering down from 12.3% in 2027 with an annual decrease of 2% per year until 2030 as we expect the e-commerce market to become more mature.</p>\n<table>\n <tbody>\n  <tr>\n   <td><p><b>Amazon Revenue Projections ($ bln)</b></p></td>\n   <td><p><b>2018</b></p></td>\n   <td><p><b>2019</b></p></td>\n   <td><p><b>2020</b></p></td>\n   <td><p><b>2021F</b></p></td>\n   <td><p><b>2022F</b></p></td>\n   <td><p><b>2023F</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Online stores</p></td>\n   <td><p>122.99</p></td>\n   <td><p>141.25</p></td>\n   <td><p>197.35</p></td>\n   <td><p>211.74</p></td>\n   <td><p>244.02</p></td>\n   <td><p>280.50</p></td>\n  </tr>\n  <tr>\n   <td><p>Growth %</p></td>\n   <td><p>13.5%</p></td>\n   <td><p>14.8%</p></td>\n   <td><p>39.7%</p></td>\n   <td><p>7.3%</p></td>\n   <td><p>15.2%</p></td>\n   <td><p>15.0%</p></td>\n  </tr>\n  <tr>\n   <td><p>Physical stores</p></td>\n   <td><p>17.22</p></td>\n   <td><p>17.19</p></td>\n   <td><p>16.23</p></td>\n   <td><p>17.40</p></td>\n   <td><p>18.55</p></td>\n   <td><p>19.38</p></td>\n  </tr>\n  <tr>\n   <td><p>Growth %</p></td>\n   <td><p>196.9%</p></td>\n   <td><p>-0.2%</p></td>\n   <td><p>-5.6%</p></td>\n   <td><p>7.20%</p></td>\n   <td><p>6.60%</p></td>\n   <td><p>4.50%</p></td>\n  </tr>\n  <tr>\n   <td><p>Retail third-party seller services</p></td>\n   <td><p>42.75</p></td>\n   <td><p>53.76</p></td>\n   <td><p>80.46</p></td>\n   <td><p>97.37</p></td>\n   <td><p>123.25</p></td>\n   <td><p>155.61</p></td>\n  </tr>\n  <tr>\n   <td><p>Growth %</p></td>\n   <td><p>34.1%</p></td>\n   <td><p>25.8%</p></td>\n   <td><p>49.7%</p></td>\n   <td><p>21.0%</p></td>\n   <td><p>26.6%</p></td>\n   <td><p>26.3%</p></td>\n  </tr>\n  <tr>\n   <td><p>Subscription services</p></td>\n   <td><p>14.17</p></td>\n   <td><p>19.21</p></td>\n   <td><p>25.21</p></td>\n   <td><p>34.67</p></td>\n   <td><p>47.68</p></td>\n   <td><p>65.58</p></td>\n  </tr>\n  <tr>\n   <td><p>Growth %</p></td>\n   <td><p>45.8%</p></td>\n   <td><p>35.6%</p></td>\n   <td><p>31.2%</p></td>\n   <td><p>37.5%</p></td>\n   <td><p>37.5%</p></td>\n   <td><p>37.5%</p></td>\n  </tr>\n  <tr>\n   <td><p>AWS</p></td>\n   <td><p>25.66</p></td>\n   <td><p>35.03</p></td>\n   <td><p>45.37</p></td>\n   <td><p>54.58</p></td>\n   <td><p>66.81</p></td>\n   <td><p>81.52</p></td>\n  </tr>\n  <tr>\n   <td><p>Growth %</p></td>\n   <td><p>47.0%</p></td>\n   <td><p>36.5%</p></td>\n   <td><p>29.5%</p></td>\n   <td><p>20.3%</p></td>\n   <td><p>22.4%</p></td>\n   <td><p>22.0%</p></td>\n  </tr>\n  <tr>\n   <td><p>Other</p></td>\n   <td><p>10.11</p></td>\n   <td><p>14.09</p></td>\n   <td><p>21.45</p></td>\n   <td><p>31.27</p></td>\n   <td><p>45.60</p></td>\n   <td><p>66.48</p></td>\n  </tr>\n  <tr>\n   <td><p>Growth %</p></td>\n   <td><p>117.4%</p></td>\n   <td><p>39.4%</p></td>\n   <td><p>52.2%</p></td>\n   <td><p>45.8%</p></td>\n   <td><p>45.8%</p></td>\n   <td><p>45.8%</p></td>\n  </tr>\n  <tr>\n   <td><p><b>Total</b></p></td>\n   <td><p><b>232.9</b></p></td>\n   <td><p><b>280.53</b></p></td>\n   <td><p><b>386.07</b></p></td>\n   <td><p><b>447.0</b></p></td>\n   <td><p><b>545.9</b></p></td>\n   <td><p><b>669.1</b></p></td>\n  </tr>\n  <tr>\n   <td><p><b>Total Growth %</b></p></td>\n   <td><p><b>30.9%</b></p></td>\n   <td><p><b>20.5%</b></p></td>\n   <td><p><b>37.6%</b></p></td>\n   <td><p><b>15.8%</b></p></td>\n   <td><p><b>22.1%</b></p></td>\n   <td><p><b>22.6%</b></p></td>\n  </tr>\n </tbody>\n</table>\n<p><i>Source: Amazon, Khaveen Investments</i></p>\n<p>Based on a discount rate of 12.7% (company's WACC), our model shows an upside of 36.9%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/74c5d7c65d544d533d2e87bb62270fb1\" tg-width=\"640\" tg-height=\"360\" width=\"100%\" height=\"auto\"><span>Source: Khaveen Investments</span></p>\n<p><b>Verdict</b></p>\n<p>In conclusion, weanalyzed the company's key growth drivers namely the online retail, third-party seller services and AWS. While the accelerated growth eventually winds down, its growth outlook remains highly attractive as an established and dominant market leader in e-commerce. The share of e-commerce sales as a % of total retail sales is forecasted to keep marching higher with the shift of consumers buyingbehavior towards e-commerce with a forecasted rate of 22% by 2023. The company's Prime member provides it with a loyal customer base roughly half of the US population. Moreover, another key strength is its vast logistics and shipping network and Amazon FBA seeing the continued rise of third-party sellers on its online marketplace. Finally, AWS remains the clear market leader in the foreseeable future with close relationships with large corporate clients and continuous commitment by management to cater to the growing infrastructure needs of the segment. Thus, despite the expected normalizing growth in 2021, we believe that its outlook continued to be buoyed by the rising e-commerce and cloud computing market and revised our growth rate projections to 15.8% in 2021 followed by 22% in 2020. Overall, we rate the stock as a<i>Buy</i>with a price target of<i>$4,363.96.</i></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>Amazon: Stock Still Attractive With Shift Towards E-Commerce And Cloud Growth</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmazon: Stock Still Attractive With Shift Towards E-Commerce And Cloud Growth\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-08 11:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4453926-amazon-stock-still-attractive><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nThe company’s revenue growth in 2020 exceeded our expectations and we revised its growth rate forecast to 15.8%.\nWhile growth is moderating following a stellar year with robust activity, the ...</p>\n\n<a href=\"https://seekingalpha.com/article/4453926-amazon-stock-still-attractive\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://seekingalpha.com/article/4453926-amazon-stock-still-attractive","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143120804","content_text":"Summary\n\nThe company’s revenue growth in 2020 exceeded our expectations and we revised its growth rate forecast to 15.8%.\nWhile growth is moderating following a stellar year with robust activity, the company remains poised to benefit from the e-commerce shift with a forecast penetration rate of 22% of retail.\nAWS is expected to remain as the number 1 market leader for the foreseeable future.\nWe revised our valuation using DCF analysis to obtain a new price target of $4,303,18 from $3,358.73.\n\n4kodiak/iStock Unreleased via Getty Images\nSince our previous coverage, Amazon Inc.'s (AMZN) stock has risen by 26% and exceeded our revenue growth expectations of 24.5% and finished 2020 up by 37.6% on exceptional growth of its online retail business growing by 40% to nearly $200 bln and third-party services at $80bln. In this analysis, we re-examine its key growth drivers namely online retail, third party services and AWS.\nDespite the softness in Q2 of its online store sales growth of 13% and soft Q3 guidance of 13% YoY at the midpoint, indicating a sign of normalizing growth, the secular growth outlook of the e-commerce market remains attractive from the continued shift towards online retail which Amazon has an established market position. As more consumers shift their purchasing behavior online, the share of e-commerce is forecasted to reach 22% by 2023 from 18% in 2020. We believe that Amazon's well-established market position with a massive Prime membership base as loyal customers and solid logistics and shipping network providing it with an advantage as seen with the rise of its e-commerce marketplace with third-party sellers. Moreover, its cloud business is expected to remain the market leader of the cloud infrastructure market for the foreseeable future with continued commitment towards growth and underpinned by rising data volumes.\nSource: Amazon\nE-commerce Sales Outlook Still Attractive Despite Normalizing Growth\nAmazon's online store sales have surged 40% in 2020 from 14.8% in the prior year as it benefitted from the prolonged lockdowns and restrictions on physical retailers which saw the accelerated shift towards e-commerce adoption. However, despite the slowdown in its online store growth in Q2 2021 of 13% YoY compared to 41% in Q1, we believe that the company is poised to continue reaping the secular tailwinds of the rising e-commerce adoption.\nAccording to eMarketer, the share of e-commerce sales is forecasted to reach 22% of global retail sales as consumers continue to shift towards online buying. Global retail sales are forecasted to bound back by 7.2% with the vaccination drives across the world and easing business restrictions. Thus, the e-commerce sales forecast is 10.2% in 2021 which represents a normalized growth from 27.6% in 2019 as the penetration rate surged to 18% from 14% in the past year.\n\n\n\nGlobal E-Commerce Market ($ bln)\n2016\n2017\n2018\n2019\n2020\n2021F\n2022F\n2023F\n\n\nTotal Global Retail Sales ('a')\n21,453\n22,904\n23,560\n24,780\n23,778\n25,490\n27,172\n28,395\n\n\nGrowth %\n2.6%\n6.8%\n2.9%\n5.2%\n-4.0%\n7.20%\n6.60%\n4.50%\n\n\nRetail E-commerce Sales ('b')\n1,845\n2,382\n2,982\n3,354\n4,280\n4,716\n5,434\n6,247\n\n\nGrowth %\n19.2%\n29.1%\n25.2%\n12.5%\n27.6%\n10.2%\n15.2%\n15.0%\n\n\nPenetration Rate ('c')\n9%\n10%\n12%\n14%\n18%\n19%\n20%\n22%\n\n\n\n* B = C x A\nSource: Statista, eMarketer, Khaveen Investments\nAmazon's established market positioning is an added competitive strength of it to capitalize on the market growth. More specifically, it is hard to win over the company in the key criteria of price, choice and convenience. Evidently, the company's Prime membership continued to grow in 2020 by 15% to 142.5 mln members or roughly 43% of the US population. This indicates the strong attraction of loyal customers to the company providing it with a massive install base. Through Prime membership, consumers are also pushed to buy more to obtain various benefits.\nSource: Backlinko\nIn addition to Prime members, the company has been able to consistently attract sellers to its platform with 3.3 mln new sellers since 2017 or 3,718 per day. Currently, it has 9.7 mlnsellersworldwide across the US, UK, Germany, Japan, etc. Thus, the company has established itself as the dominant market leader and is far ahead of its next closest competitor in terms of e-commerce sales.\nSource: Marketing Charts\nIts market leadership is quite extensive across different product categories and markets as illustrated in the table below. For example, it accounts for Its consumer & consumer electronics sales is the largest product category accounting for 50.2% of the products' total e-commerce sales in the US and 26.7% of total retail sales. This is followed by apparel & accessories, books music & video and furniture and home furnishings which is 32%, 83.2% and 34.2 % of e-commerce sales.\nSource: eMarketer\nAmong the product categories, the electronics category is the most popular among shoppers in the US with 44% of US shoppers having purchased electronics on Amazon. It also sells its own electronicdevicesincluding Echo smart speakers which account for 70% of the US market share followed by Google (GOOG) and Apple (AAPL) and continues to develop the product with newer generations and software updates. In 2020, the company shipped over 38 mln smart speaker units and accounted for 28.3% of the global market share of shipments. We estimated its revenues from the sale of its smart speakers based on the average price of the Echo product family of $103 to be around $3.94 bln in revenues which is around 2% of its online store revenues. However, it also faces increasing competition especially from the Chinese manufacturers such as Baidu (BIDU) and Xiaomi (OTCPK:XIACF) which dominate the China market.\nAll in all, the company has a massive product breadth of 12 mln products excluding books, media, wine and services and with the growing seller base, we expect this product breadth to continue to be expanded and provide customers unique value proposition with product variety.\nThus, we expect its solid market dominance with an ecosystem of an established customer base and loyal Prime members and a large seller base with extensive market leadership across various key product categories with a broad product breadth to support its long-term growth. We projected its online store growth based on our expectation of its market share at 4.5% based on a 5-year average on the global e-commerce sales.\n\n\n\nAmazon Online Stores ($ bln)\n2016\n2017\n2018\n2019\n2020\n2021F\n2022F\n2023F\n\n\nTotal Retail Sales ('a')\n21,453\n22,904\n23,560\n24,780\n23,778\n25,490\n27,172\n28,395\n\n\nGrowth %\n2.6%\n6.8%\n2.9%\n5.2%\n-4.0%\n7.20%\n6.60%\n4.50%\n\n\nRetail E-commerce Sales ('b')\n1,845\n2,382\n2,982\n3,354\n4,280\n4,716\n5,434\n6,247\n\n\nGrowth %\n19.2%\n29.1%\n25.2%\n12.5%\n27.6%\n10.2%\n15.2%\n15.0%\n\n\nPenetration Rate ('c')\n9%\n10%\n12%\n14%\n18%\n19%\n20%\n22%\n\n\nGrowth %\n16.2%\n20.9%\n17.3%\n11.5%\n32.4%\n2.8%\n8.1%\n10.0%\n\n\nAmazon Online Stores Revenues ('d')\n91.43\n108.35\n122.99\n141.25\n197.35\n211.74\n244.02\n280.50\n\n\nGrowth %\n18.5%\n13.5%\n14.8%\n39.7%\n7.3%\n15.2%\n15.0%\n\n\nAmazon Online Stores Market Share ('e')\n5.0%\n4.5%\n4.1%\n4.2%\n4.6%\n4.5%\n4.5%\n4.5%\n\n\n\n* B = A x C\n*D = B x E\nSource: Statista, Khaveen Investments\nThe Rise of Third-party Seller Services\nAnother major advantage of the company is its logistics and shipping operations, which has become an impenetrable moat that few other companies will ever have the resources or ability to match, with Amazon partnering with most major delivery providers in the country. By leveraging its robust network, it offers programs to enable sellers to sell their products through its marketplace and fulfill orders through the company.\nWith Fulfillment by Amazon ('FBA'), third party sellersstore products in Amazon's fulfillment centers, and it picks, packs, ships, and provide customer service for these products. Amazon is not the seller but earns commissions and related fulfillment and shipping fees including inventory management, payment processing, shipment tracking and reporting from the arrangements from its third-party sellers who are largely comprised of small- and medium-sized businesses.\nSelling on Amazon as a third-party seller is an increasingly popular option for sellers. It ultimately provides more flexibility and control, a stronger brand presence, and better data access. Over the past years, the rise of third-party sellers on Amazon is seen with the rising share of third-party sales as a % of its gross merchandise sales at 62% of total sales.\nSource: FourWeekMBA\nThe chart below further illustrates Amazon's large network of logistics and shipping. Its fulfillment center network is one of several ways it enhances its logistics and shipping process taking on FedEx and UPS and has been ramping up efforts to launch its delivery network as well with growing fleets of airplanes, drones and vans. Amazon's own logistics business delivered 1.9 bln packages in the US.\nSource: WebFX\nMoreover, its wide logistics and shipping coverage with over 100 active warehouses across the US with the highest number of facilities in California, Texas and New Jersey. Additionally, it is expanding heavily in the south with the highest number of planned warehouses. For example, the upcoming opening of a 1 million-square-foot fulfillmentcenter in Missouri in 2021 where employees will pack and ship larger-sized customer items like patio furniture, outdoor equipment or rugs. In 2020, it announced plans for 7 new fulfillmentcenters including a 600,000-square-foot facility in Florida, an 855,000-square foot facility in Tennessee and a 625,000square-foot fulfillment center in Texas.\nSource: CNBC\nOverall, these are among the factors which lead to the company's strength from its wide logistics network in terms of shipping speed. The company is highly popular for its speedy shipping and even has free Two-Day and even Same Day Shipping Programs for Prime members. Based on the survey below, the majority or 80% cited fast and free shipping as the major reason for choosing Amazon. We believe that the company's planned expansion would continue to enhance its logistics network and maintain its popularity among customers.\nSource: Statista\nWe forecasted the company's retail third-party seller services revenues which consist of fulfillment service-related revenues derived from the sales from third-party sellers. Amazon's third-party gross merchandise sales are forecasted to increase its share of total retail e-commerce sales as a growth rate of 9% based on the past 5-year average with the rising popularity of third-party sales on its marketplace. Moreover, we also forecasted the share of revenues that Amazon earns to grow by 1% from 27.3% based on the 2-year average as Amazon continues to expand its fulfillment capabilities to cater to its third-party sellers. This trend is also believed to be significant for margin expansion of the company as gross margins third-party seller services isestimatedto be between 60% to 75% of sales which is lower than AWS at 80% but still higher than the company's overall gross margin of 37% due to high costs tied up with the cost of sales which represents 60% of its total sales.\n\n\n\nThird-Party Seller Services Revenues ($ bln)\n2016\n2017\n2018\n2019\n2020\n2021F\n2022F\n2023F\n\n\nGlobal Retail E-commerce Sales ('a')\n1,845\n2,382\n2,982\n3,354\n4,280\n4,716\n5,434\n6,247\n\n\nGrowth %\n19.2%\n29.1%\n25.2%\n12.5%\n27.6%\n10.2%\n15.2%\n15.0%\n\n\nAmazon Third Party Market Share ('b')\n5.6%\n5.5%\n5.4%\n6.0%\n6.9%\n7.5%\n8.1%\n8.9%\n\n\nGrowth %\n21%\n-2%\n-2%\n11%\n16%\n9%\n9%\n9%\n\n\nThird-party (Amazon marketplace) GMV ('c')\n103\n130\n160\n200\n295\n353\n443\n553\n\n\nGrowth %\n26.2%\n23.1%\n25.0%\n47.5%\n19.8%\n25.3%\n25.0%\n\n\n% Of Revenues ('d')\n22.3%\n24.5%\n26.7%\n26.9%\n27.3%\n27.6%\n27.8%\n28.1%\n\n\nGrowth %\n9.9%\n9.0%\n0.6%\n1.5%\n1.0%\n1.0%\n1.0%\n\n\nRetail third-party seller services revenues ('e')\n22.99\n31.88\n42.75\n53.76\n80.46\n97.37\n123.25\n155.61\n\n\nGrowth %\n38.7%\n34.1%\n25.8%\n49.7%\n21.0%\n26.6%\n26.3%\n\n\n\n*C = A x B\n*E = C x D\nSource: Amazon, Statista, Khaveen Investments\nAWS Growth by Data Volume Growth\nAnother key area of growth of the company is cloud computing with notable largeclientssuch as Netflix (NFLX), Verizon (VZ), Capital One (COF), McDonald's (MCD). AWS revenues grew strongly at 29.5% in 2020 with a market share of 31.8% of the cloud infrastructuremarket. Since its launch nearly 2 decades ago, it has grown to become the market leader for years and looks set to maintain the status quo for the foreseeable future despite rising competition especially from Microsoft (MSFT) and Google gaining market share outpacing Amazon's growth.\nThe rapid growth of the cloud infrastructure market is underpinned by the rising volume of global data volume creation at aCAGRof 23% until 2025 as data volume is projected to grow to more than 180 zettabytes as the world becomes more data-driven with the rise of data analytics, 5G and IoT spurring the growth of data creation.\nSource: Statista, Khaveen Investments\nWe projected the growth of the cloud infrastructure market based on the forecasted growth of data volume at a 23% CAGR through 2025 at an average cloud infrastructure/data growth factor of 1.72.\n* A = B x C Source: Statista, Khaveen Investments\nThus, despite the plateauing market share of AWS as competitors like Microsoft outpaces its growth, we still believe in the massive opportunity in the cloud infrastructure market with the growing data volumes. Not to mention, the company has highlighted its commitment towards AWS with new client relationships such as major sports leagues around the world including National Hockey League, the PGA Tour, Formula 1 and the German Bundesliga. Furthermore, it also recently announced a relationship with Dish Network to build out cloud-based 5G infrastructure and would expand its data center footprint in Israel and the United Arab Emirates. It currently offers 80 availability zones across 25 geographic regions and plans to launch 15 more availability zones to support its cloud growth.\nSource: Canalys, Khaveen Investments\nAll in all, we projected AWS's revenue growth based on our market share forecast assumptions that its market share leadership is slowly chipped away by fast-growing competitors notably Microsoft but still maintaining its market leadership backed by solid large client relationship leveraging AWS. Based on a forecasted market share of 30.7% by 2023, we expect AWS revenues to grow to $81.5 bln.\n\n\n\nAWS Forecasts\n2018\n2019\n2020\n2021F\n2022F\n2023F\n\n\nAWS Market Share\n32.6%\n32.3%\n31.8%\n31.2%\n31.0%\n30.7%\n\n\nAWS Revenues ($ bln)\n25.66\n35.03\n45.37\n54.58\n66.81\n81.52\n\n\nGrowth %\n47.0%\n36.5%\n29.5%\n20.3%\n22.4%\n22.0%\n\n\n\nSource: Amazon, Canalys, Khaveen Investments\nWhile AWS only makes up 11% of its total revenues, its superior margins of 29% compared to only 2.8% for the other company segments has AWS accounting for 59% of operating income in 2020 which highlights the significance of AWS to its bottom line.\nSource: Amazon\nAntimonopoly and Data Privacy Fine Risk\nAmazon has been involved in allegations of the company's approach to unfairly attain data and information from third-party sellers, stated by the Democrats' report with the company's e-commerce market share around 40% in the US. With the reliance of sellers on Amazon's sales channel, Amazon can charge sellers exceptional fees and further penalizing sellers for lowering their prices on other sites. Also, a bipartisan group of House lawmakers is pushing big tech including Amazon for anoverhaulof their business practices under an expansive set of antitrust reforms that would make it harder for dominant platforms to complete mergers and prohibit them from owning businesses that present clear conflicts of interest.\nWhereas in the European Union, Amazon has been hit with the largest GDPR fine to date. The EU is moving beyond data breaches and zeroing in on data practices. Amazon faced a $888 million fine from violating the bloc's data protection rules. Amazon has been accused to violate the EU's General Data Protection Regulation (GDPR). GDPR allows forfinesof up to 4% of Amazon's revenue, which the released number indicated around 4.2% of Amazon's $21.3 billion income in 2020.\nValuation\nThe company has had average revenue growth of 29.4% in the past 5 years with an average gross and net margin of 38.6% and 3.5% respectively. The strength of the company is its rising margins as its net margins have risen due to the superior growth of its cloud segment which commands higher margins. The AWS segment has a high operating margin of 29.6% versus 2.8% for the remaining business segments.\nSource: Amazon, Khaveen Investments\nMore importantly, the company has decent and imposing cash-generating abilities with an average FCF margin of 3.01% in the past 5 years. In 2017, its FCF margin dipped due to the acquisition of Whole Foods for $13.7 bln. The strength of its cash flows is the rising margins as its AWS business which is more profitable exhibits a higher growth than other segments.\nSource: Amazon, Khaveen Investments\nThe company's balance sheet strength is its strong ability to meet its debt obligations. It has a net debt of $113 bln in 2020 with an EBITDA/interest coverage ratio of 44x in 2020. Its ratio has steadily increased in the past 5 years from 32x as it grew its profitability with the superior growth of AWS.\nTo value Amazon, we used a DCF valuation as the company has had positive free cash flows in the past. We got an industry average EV/EBITDA of 27.64x based on comparable companies as shown in the table below.\n\n\n\nCompany\nEV/EBITDA\n\n\nAmazon\n28.57x\n\n\nAlibaba (BABA)\n21.14x\n\n\nMicrosoft\n25.89x\n\n\nGoogle\n22.46x\n\n\nAverage\n24.52x\n\n\n\nSource: SeekingAlpha\nThe revenue growth projections aresummarized below based on the revenue breakdown by its online stores, physical stores, retail third party seller services, subscription services, AWS and others. The online store projections are derived from its market share assumption on the forecasted growth of the e-commerce market while physical store sales are based on the retail sales growth rate forecast of 7.2% in 2021. Retail third-party seller services are derived from its share of third-party seller GMV of the total e-commerce market and an assumption of a % cut it earns as revenues from commissions and related fees. The AWS revenues are projected from the cloud market growth based on the rising data volumes forecasts. Other segments are based on its average 3-year growth rates. Beyond 2023, we tapered down our growth forecasts with a weighted CAGR of 14.2% of the e-commerce and cloud computing market through 2027 and tapering down from 12.3% in 2027 with an annual decrease of 2% per year until 2030 as we expect the e-commerce market to become more mature.\n\n\n\nAmazon Revenue Projections ($ bln)\n2018\n2019\n2020\n2021F\n2022F\n2023F\n\n\nOnline stores\n122.99\n141.25\n197.35\n211.74\n244.02\n280.50\n\n\nGrowth %\n13.5%\n14.8%\n39.7%\n7.3%\n15.2%\n15.0%\n\n\nPhysical stores\n17.22\n17.19\n16.23\n17.40\n18.55\n19.38\n\n\nGrowth %\n196.9%\n-0.2%\n-5.6%\n7.20%\n6.60%\n4.50%\n\n\nRetail third-party seller services\n42.75\n53.76\n80.46\n97.37\n123.25\n155.61\n\n\nGrowth %\n34.1%\n25.8%\n49.7%\n21.0%\n26.6%\n26.3%\n\n\nSubscription services\n14.17\n19.21\n25.21\n34.67\n47.68\n65.58\n\n\nGrowth %\n45.8%\n35.6%\n31.2%\n37.5%\n37.5%\n37.5%\n\n\nAWS\n25.66\n35.03\n45.37\n54.58\n66.81\n81.52\n\n\nGrowth %\n47.0%\n36.5%\n29.5%\n20.3%\n22.4%\n22.0%\n\n\nOther\n10.11\n14.09\n21.45\n31.27\n45.60\n66.48\n\n\nGrowth %\n117.4%\n39.4%\n52.2%\n45.8%\n45.8%\n45.8%\n\n\nTotal\n232.9\n280.53\n386.07\n447.0\n545.9\n669.1\n\n\nTotal Growth %\n30.9%\n20.5%\n37.6%\n15.8%\n22.1%\n22.6%\n\n\n\nSource: Amazon, Khaveen Investments\nBased on a discount rate of 12.7% (company's WACC), our model shows an upside of 36.9%.\nSource: Khaveen Investments\nVerdict\nIn conclusion, weanalyzed the company's key growth drivers namely the online retail, third-party seller services and AWS. While the accelerated growth eventually winds down, its growth outlook remains highly attractive as an established and dominant market leader in e-commerce. The share of e-commerce sales as a % of total retail sales is forecasted to keep marching higher with the shift of consumers buyingbehavior towards e-commerce with a forecasted rate of 22% by 2023. The company's Prime member provides it with a loyal customer base roughly half of the US population. Moreover, another key strength is its vast logistics and shipping network and Amazon FBA seeing the continued rise of third-party sellers on its online marketplace. Finally, AWS remains the clear market leader in the foreseeable future with close relationships with large corporate clients and continuous commitment by management to cater to the growing infrastructure needs of the segment. Thus, despite the expected normalizing growth in 2021, we believe that its outlook continued to be buoyed by the rising e-commerce and cloud computing market and revised our growth rate projections to 15.8% in 2021 followed by 22% in 2020. Overall, we rate the stock as aBuywith a price target of$4,363.96.","news_type":1,"symbols_score_info":{"AMZN":0.9}},"isVote":1,"tweetType":1,"viewCount":477,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}