Khadijah personal page - To The Moon

Khadijah

Hafiz Akmal

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3Topic

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2024-01-18

Tiger Brokers_U.S. Stock Market Quotes_Hong Kong Stock Market Quotes_Buying and Selling of U.S. Stocks and Hong Kong Stocks

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Tiger Brokers_U.S. Stock Market Quotes_Hong Kong Stock Market Quotes_Buying and Selling of U.S. Stocks and Hong Kong Stocks

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why

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get

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Tesla Expects to Lose Full $7,500 Tax Credit on Its Cheapest Electric Car

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Kong Stocks","images":[{"img":"https://static.tigerbbs.com/ff98eccfaff055c5a7c86bee57069e0c"}],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/264168222617680","isVote":1,"tweetType":1,"viewCount":396,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":264167631437984,"gmtCreate":1705513522271,"gmtModify":1705547437954,"author":{"id":"4142566750937672","authorId":"4142566750937672","name":"Khadijah","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4142566750937672","authorIdStr":"4142566750937672"},"themes":[],"title":"Tiger Brokers _ Hong Kong / U.S. Stock Market Quotes","htmlText":"Find out more here:<a href=\"https://tigr.link/61IzQx\">Tiger Brokers _ Hong Kong / U.S. Stock Market Quotes</a> Tiger Brokers _ Hong Kong / U.S. Stock Market Quotes","listText":"Find out more here:<a href=\"https://tigr.link/61IzQx\">Tiger Brokers _ Hong Kong / U.S. Stock Market Quotes</a> Tiger Brokers _ Hong Kong / U.S. Stock Market Quotes","text":"Find out more here:Tiger Brokers _ Hong Kong / U.S. Stock Market Quotes Tiger Brokers _ Hong Kong / U.S. Stock Market Quotes","images":[{"img":"https://static.tigerbbs.com/ff98eccfaff055c5a7c86bee57069e0c"}],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/264167631437984","isVote":1,"tweetType":1,"viewCount":488,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":264164945215744,"gmtCreate":1705512699373,"gmtModify":1705512703561,"author":{"id":"4142566750937672","authorId":"4142566750937672","name":"Khadijah","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4142566750937672","authorIdStr":"4142566750937672"},"themes":[],"htmlText":"New features","listText":"New features","text":"New 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[Hot] Launched popular FCN products tailored for Professional Investors in Hong Kong [New] Lite portfolio page supports display of fund assets. [Upgrade] Trading Sparks Order module UI upgrade Features Introduction 1.Unveiling the Thrilling New Option Rollover Feature! 2.Uncover multiple stocks in the market, receive up-to-the-market quotes, seamlessly execute online orders, and effortlessly monitor the post-investment performance 3.Lite portfolio page supports display of fund assets. 4.Trading Sparks Order module UI upgrade In the order module, there is a new display of profit/loss yield and a label of whether the order is held or not. The UI revamp helps users understand order details more intuitively. Finally, we woul","listText":"What's New [Hot] Unveiling the Thrilling New Option Rollover Feature! [Hot] Launched popular FCN products tailored for Professional Investors in Hong Kong [New] Lite portfolio page supports display of fund assets. [Upgrade] Trading Sparks Order module UI upgrade Features Introduction 1.Unveiling the Thrilling New Option Rollover Feature! 2.Uncover multiple stocks in the market, receive up-to-the-market quotes, seamlessly execute online orders, and effortlessly monitor the post-investment performance 3.Lite portfolio page supports display of fund assets. 4.Trading Sparks Order module UI upgrade In the order module, there is a new display of profit/loss yield and a label of whether the order is held or not. The UI revamp helps users understand order details more intuitively. Finally, we woul","text":"What's New [Hot] Unveiling the Thrilling New Option Rollover Feature! [Hot] Launched popular FCN products tailored for Professional Investors in Hong Kong [New] Lite portfolio page supports display of fund assets. [Upgrade] Trading Sparks Order module UI upgrade Features Introduction 1.Unveiling the Thrilling New Option Rollover Feature! 2.Uncover multiple stocks in the market, receive up-to-the-market quotes, seamlessly execute online orders, and effortlessly monitor the post-investment performance 3.Lite portfolio page supports display of fund assets. 4.Trading Sparks Order module UI upgrade In the order module, there is a new display of profit/loss yield and a label of whether the order is held or not. The UI revamp helps users understand order details more intuitively. 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Each financial term comes with a simple example to make complex knowledge easier to comprehend!</p><p>Learn a new piece of financial knowledge every day and let's start learning!\"</p>","url":"https://static.tigerbbs.com/11353d2065ab1381fec4ad83d06badb6","link":"https://laohu8.com/RN?name=RNCollege&page=%2Fcollege%2Fcourse&rndata=%7B%22gid%22%3A%22C20230329032551912%22%7D","material":{"gid":"20230329065553294","title":"Day1.What is a stock ?","url":"","desc":"","duration":"","content_type":2,"thumbnail":"https://community-static.tradeup.com/news/6066c12514fce5bbc79d808818d7d2a1","source_type":2,"extra":"{\"relate_type\": 0, \"post_id\": \"9941158039\"}","pv":3736,"thumbnail_two":"","rn_link":"https://laohu8.com/VIDEO/C20230329032551912/20230329065553294"},"cate_info":{"column_gid":"C20230329032551912","gid":"K20230524043330090","cate_name":"Library","desc":"Financial Glossary","status":1},"is_hot":false,"sup_object_id":"C20230329032551912","sup_type":"C20230329032551912"},"isVote":1,"tweetType":1,"viewCount":266,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":264145971634304,"gmtCreate":1705508212546,"gmtModify":1705508218694,"author":{"id":"4142566750937672","authorId":"4142566750937672","name":"Khadijah","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4142566750937672","authorIdStr":"4142566750937672"},"themes":[],"htmlText":"Artikel yang bagus, apakah Anda ingin membagikannya?","listText":"Artikel yang bagus, apakah Anda ingin membagikannya?","text":"Artikel yang bagus, apakah Anda ingin membagikannya?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/264145971634304","repostId":"20220822064658357","repostType":13,"repost":{"supObjectId":"C20220804080415449","supType":16,"gid":"C20220804080415449","title":"US Stock Basic","desc":"How to invest in US stocks","level":0,"speaker":"","content":"<p>The best investment strategy is finding what's right for you and doing what you can based on your lifestyle and ability,&nbsp;You still want to be able to afford those shoes and trips you really want.</p><p>In this course, I'm going to take you on a journey into investment in the largest capital markets in the world: The US Stock Market.</p><p>No matter how much or how little investment experience you have, We hope this course will equip you to become a better investor.</p><p><b>【Course outline】</b></p><p><b>Chapter1:Investment Basics</b></p><ul><li>Lesson 1: Why is it necessary to learn to invest in stocks?</li><li>Lesson 2: First impression of the US stock market</li></ul><p><b>Chapter2:&nbsp;US Stock Investing Practices</b></p><ul><li>Lesson 3: Five important practical points for US stocks</li><li>Lesson 4: How to choose your US stock trading account</li><li>Lesson 5: The two directions of US stock trading: long and short</li><li>Lesson 6: Five common types of orders used in US stock trading</li><li>Lesson 7: How to trade stocks on the Tiger Trade app</li></ul><p><b>Chapter3:&nbsp;Advance Strategies</b></p><ul><li>Lesson 8: Investment strategies for the US stock market</li><li>Lesson 9: How to choose a high-quality listed company</li><li>Lesson 10: Why do technical indicators make investing more effective</li></ul><p><b>Chapter4:&nbsp;Investment Risk</b></p><ul><li>Lesson 11: Risks that must be avoided when investing in US stocks</li><li>Lesson 12: Four possible risks for listed companies</li></ul><p></p><p><b>【Disclaimer】</b></p><p>The information herein was prepared for educational purposes, and does not constitute an offer, recommendation or solicitation, nor does it constitute any prediction of likely future stock performance. In preparing this information, we did not take into account the investment objectives, financial situation or particular needs of any person or affiliated companies. Before making an investment decision, you should speak to a financial adviser to consider whether this information is appropriate to your needs, objectives and circumstances. Tiger Brokers assumes no fiduciary responsibility or liability for any consequences financial or otherwise arising from trading in securities if opinions and information in this document may be relied upon.\u000b\u000bThis advertisement has not been reviewed by the Monetary Authority of Singapore.</p>","url":"https://static.tigerbbs.com/05703abccd147cf9ba034f9836c36b1a","link":"https://laohu8.com/RN?name=RNCollege&page=%2Fcollege%2Fcourse&rndata=%7B%22gid%22%3A%22C20220804080415449%22%7D","material":{"gid":"20220822064658357","title":"Lesson5:The 2 directions:long and short","url":"https://1254107296.vod2.myqcloud.com/73ba5544vodgzp1254107296/70d9b7ac387702304946115830/I4i2aseGPSoA.mp4","desc":"<ol><li>What is long? What is short?</li><li>How to short stock on the Tiger Trade app？</li><li>Does short selling require paying interest?</li><li>What is long and short strength/weakness?</li><li>What you need to know about shorting risk</li><li>In what circumstances can we not short?</li></ol>","duration":"00:11:36","content_type":0,"thumbnail":"https://static.tigerbbs.com/bfd06e71ebd30b1d453e6ca7766b6a47","source_type":0,"extra":"{}","pv":575,"thumbnail_two":"","rn_link":"https://laohu8.com/VIDEO/C20220804080415449/20220822064658357"},"cate_info":{"column_gid":"C20220804080415449","gid":"K20230524063306083","cate_name":"Stock","desc":"Stock","status":1},"is_hot":false,"sup_object_id":"C20220804080415449","sup_type":"C20220804080415449"},"isVote":1,"tweetType":1,"viewCount":419,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":264168222617680,"gmtCreate":1705513634826,"gmtModify":1705514433133,"author":{"id":"4142566750937672","authorId":"4142566750937672","name":"Khadijah","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4142566750937672","authorIdStr":"4142566750937672"},"themes":[],"title":"Tiger Brokers_U.S. Stock Market Quotes_Hong Kong Stock Market Quotes_Buying and Selling of U.S. Stocks and Hong Kong Stocks","htmlText":"BFind out more here:<a href=\"https://tigr.link/61lupZ\">Tiger Brokers_U.S. Stock Market Quotes_Hong Kong Stock Market Quotes_Buying and Selling of U.S. Stocks and Hong Kong Stocks</a> Tiger Brokers_U.S. Stock Market Quotes_Hong Kong Stock Market Quotes_Buying and Selling of U.S. Stocks and Hong Kong Stocks","listText":"BFind out more here:<a href=\"https://tigr.link/61lupZ\">Tiger Brokers_U.S. Stock Market Quotes_Hong Kong Stock Market Quotes_Buying and Selling of U.S. Stocks and Hong Kong Stocks</a> Tiger Brokers_U.S. Stock Market Quotes_Hong Kong Stock Market Quotes_Buying and Selling of U.S. Stocks and Hong Kong Stocks","text":"BFind out more here:Tiger Brokers_U.S. Stock Market Quotes_Hong Kong Stock Market Quotes_Buying and Selling of U.S. Stocks and Hong Kong Stocks Tiger Brokers_U.S. Stock Market Quotes_Hong Kong Stock Market Quotes_Buying and Selling of U.S. Stocks and Hong Kong Stocks","images":[{"img":"https://static.tigerbbs.com/ff98eccfaff055c5a7c86bee57069e0c"}],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/264168222617680","isVote":1,"tweetType":1,"viewCount":396,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9941305037,"gmtCreate":1679949294829,"gmtModify":1679949298612,"author":{"id":"4142566750937672","authorId":"4142566750937672","name":"Khadijah","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4142566750937672","authorIdStr":"4142566750937672"},"themes":[],"htmlText":"why","listText":"why","text":"why","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":28,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941305037","repostId":"1110018740","repostType":4,"repost":{"id":"1110018740","kind":"news","pubTimestamp":1679930756,"share":"https://ttm.financial/m/news/1110018740?lang=&edition=fundamental","pubTime":"2023-03-27 23:25","market":"us","language":"en","title":"3 Reasons We Absolutely Need Regional Banks","url":"https://stock-news.laohu8.com/highlight/detail?id=1110018740","media":"Motley Fool","summary":"KEY POINTSMost people haven't heard of a lot of regional banks.But they are the backbone of the U.S.","content":"<html><head></head><body><h3>KEY POINTS</h3><ul><li>Most people haven&#39;t heard of a lot of regional banks.</li><li>But they are the backbone of the U.S. economy, and originate much of the country&#39;s lending activity.</li><li>Regional banks also help power the economy and innovation behind the scenes as well.</li></ul><p>After the collapse of several banks plunged the banking system, economy, and financial markets into uncertainty, I&#39;ve heard some people wonder whether or not regional banks are more trouble than they&#39;re worth.</p><p>After all, I&#39;m sure plenty of people had never heard of SVB Financial or Signature Bank prior to their impending failures and might be wondering if they are worth keeping around considering what has ensued. Why not just use the banks that are &#34;too big to fail&#34; like JPMorgan Chase?</p><p>While I can understand the frustration, I find this thinking to be severely flawed and misguided. Regional banks and community banks are the backbone of the U.S. economy. Here are three reasons why.</p><h3>1. Regional banks do the bulk of lending</h3><p>In a note from Goldman Sachs, economists pointed out that banks with less than $250 billion in assets originate roughly half of all commercial and industrial loans, which are loans made to businesses and corporations to provide working capital for capital expenditures. These smaller banks also account for 60% of all U.S. mortgages, 80% of all commercial real estate loans, and 45% of all consumer loans.</p><p>Large banks like JPMorgan are absolutely vital to the economy, but regional and community banks know their prospective markets better and can form close customer relationships that, in many cases, allow them to make better underwriting decisions.</p><p>Furthermore, regional banks have the opportunity to carve out niches. Now, obviously, banks need to be careful about getting too heavily concentrated in one area like the way that SVB did, but there are banks that specialize in lending and can provide custom-tailored services for specific industries, whether it&#39;s pharmacies, veterinarians, long-haul truckers, or hospitals. Smaller banks have more incentive to do this in order to differentiate themselves from the larger banks, which I think is a good dynamic to have in banking.</p><h3>2. The big banks can&#39;t get too big too fast</h3><p>Make no mistake, with more than 4,700 banks there will continue to be consolidation in the industry, and I fully expect the big banks to get bigger. But growing too fast can be dangerous, and it&#39;s actually part of the reason that three banks collapsed earlier this year.</p><p>The reality is the big banks, while they do want to get bigger, would ideally like to do it in a more gradual and methodical manner. For one, if they grow deposits too fast they can run up against regulatory capital issues. During the pandemic, deposits at all U.S. commercial banks surged by nearly $5 trillion, ballooning bank balance sheets. This actually put pressure on large bank supplementary leverage capital ratio requirements (minimum 5% SLR), which look at a bank&#39;s tier 1 capital divided by its total on- and off-balance sheet assets.</p><p>Regulators actually granted large banks temporary exclusions on this during the earlier parts of the pandemic, but if banks run up against their regulatory requirements, measures they may have to take include raising capital or actually having to turn away deposits, and therefore business. Holding more cash also tends to hurt a bank&#39;s margins and lead to lower returns.</p><p>The last thing to consider is that despite all of the criticism banks have received, it is really safer for the bulk of lending activity to be done in the banking system. Banks are very highly regulated and have three regulators, including the Federal Reserve, the Federal Deposit Insurance Corporation (FDIC), and either the U.S. Office of the Comptroller of the Currency (OCC) or a state banking regulator. A lot of banking activity has been pushed into the shadow banking system, where things are much less regulated and much more opaque.</p><h3>3. Regional banks play a critical role in innovation and the economy</h3><p>While it&#39;s true that many people likely have not heard of a lot of regional banks, they are critical players in the economy and in helping drive innovation, although it&#39;s mainly being done behind the scenes.</p><p>For instance, did you know that the super regional bank U.S. Bancorp has been providing the federal government with payment services for more than three decades? Or how The Bancorp, a small $8 billion asset bank, serves as the card issuing bank and payment facilitator for huge fintech firms like Paypal?</p><p>The fact of the matter is that these smaller and regional banks power a lot of the financial services and products offered by some of the most well-known brands in the world. They provide the plumbing and infrastructure that can&#39;t always be seen in plain sight but is absolutely critical to the economy and innovation.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Reasons We Absolutely Need Regional Banks</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 Reasons We Absolutely Need Regional Banks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-27 23:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/03/27/3-reasons-we-absolutely-need-regional-banks/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSMost people haven't heard of a lot of regional banks.But they are the backbone of the U.S. economy, and originate much of the country's lending activity.Regional banks also help power the ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/03/27/3-reasons-we-absolutely-need-regional-banks/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FCNCA":"第一公民银行股份"},"source_url":"https://www.fool.com/investing/2023/03/27/3-reasons-we-absolutely-need-regional-banks/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1110018740","content_text":"KEY POINTSMost people haven't heard of a lot of regional banks.But they are the backbone of the U.S. economy, and originate much of the country's lending activity.Regional banks also help power the economy and innovation behind the scenes as well.After the collapse of several banks plunged the banking system, economy, and financial markets into uncertainty, I've heard some people wonder whether or not regional banks are more trouble than they're worth.After all, I'm sure plenty of people had never heard of SVB Financial or Signature Bank prior to their impending failures and might be wondering if they are worth keeping around considering what has ensued. Why not just use the banks that are \"too big to fail\" like JPMorgan Chase?While I can understand the frustration, I find this thinking to be severely flawed and misguided. Regional banks and community banks are the backbone of the U.S. economy. Here are three reasons why.1. Regional banks do the bulk of lendingIn a note from Goldman Sachs, economists pointed out that banks with less than $250 billion in assets originate roughly half of all commercial and industrial loans, which are loans made to businesses and corporations to provide working capital for capital expenditures. These smaller banks also account for 60% of all U.S. mortgages, 80% of all commercial real estate loans, and 45% of all consumer loans.Large banks like JPMorgan are absolutely vital to the economy, but regional and community banks know their prospective markets better and can form close customer relationships that, in many cases, allow them to make better underwriting decisions.Furthermore, regional banks have the opportunity to carve out niches. Now, obviously, banks need to be careful about getting too heavily concentrated in one area like the way that SVB did, but there are banks that specialize in lending and can provide custom-tailored services for specific industries, whether it's pharmacies, veterinarians, long-haul truckers, or hospitals. Smaller banks have more incentive to do this in order to differentiate themselves from the larger banks, which I think is a good dynamic to have in banking.2. The big banks can't get too big too fastMake no mistake, with more than 4,700 banks there will continue to be consolidation in the industry, and I fully expect the big banks to get bigger. But growing too fast can be dangerous, and it's actually part of the reason that three banks collapsed earlier this year.The reality is the big banks, while they do want to get bigger, would ideally like to do it in a more gradual and methodical manner. For one, if they grow deposits too fast they can run up against regulatory capital issues. During the pandemic, deposits at all U.S. commercial banks surged by nearly $5 trillion, ballooning bank balance sheets. This actually put pressure on large bank supplementary leverage capital ratio requirements (minimum 5% SLR), which look at a bank's tier 1 capital divided by its total on- and off-balance sheet assets.Regulators actually granted large banks temporary exclusions on this during the earlier parts of the pandemic, but if banks run up against their regulatory requirements, measures they may have to take include raising capital or actually having to turn away deposits, and therefore business. Holding more cash also tends to hurt a bank's margins and lead to lower returns.The last thing to consider is that despite all of the criticism banks have received, it is really safer for the bulk of lending activity to be done in the banking system. Banks are very highly regulated and have three regulators, including the Federal Reserve, the Federal Deposit Insurance Corporation (FDIC), and either the U.S. Office of the Comptroller of the Currency (OCC) or a state banking regulator. A lot of banking activity has been pushed into the shadow banking system, where things are much less regulated and much more opaque.3. Regional banks play a critical role in innovation and the economyWhile it's true that many people likely have not heard of a lot of regional banks, they are critical players in the economy and in helping drive innovation, although it's mainly being done behind the scenes.For instance, did you know that the super regional bank U.S. Bancorp has been providing the federal government with payment services for more than three decades? Or how The Bancorp, a small $8 billion asset bank, serves as the card issuing bank and payment facilitator for huge fintech firms like Paypal?The fact of the matter is that these smaller and regional banks power a lot of the financial services and products offered by some of the most well-known brands in the world. They provide the plumbing and infrastructure that can't always be seen in plain sight but is absolutely critical to the economy and innovation.","news_type":1},"isVote":1,"tweetType":1,"viewCount":178,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":295010026332328,"gmtCreate":1713042361997,"gmtModify":1713042368756,"author":{"id":"4142566750937672","authorId":"4142566750937672","name":"Khadijah","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4142566750937672","authorIdStr":"4142566750937672"},"themes":[],"title":"4 things you need to know about the upcoming Lion-OCBC Securities APAC Financials Dividend Plus ETF ","htmlText":"Find out more here:<a href=\"https://tigr.link/7jXZxw\">4 things you need to know about the upcoming Lion-OCBC Securities APAC Financials Dividend Plus ETF </a> Lion-OCBC Securities APAC Financials Dividend Plus ETF is...","listText":"Find out more here:<a href=\"https://tigr.link/7jXZxw\">4 things you need to know about the upcoming Lion-OCBC Securities APAC Financials Dividend Plus ETF </a> Lion-OCBC Securities APAC Financials Dividend Plus ETF is...","text":"Find out more here:4 things you need to know about the upcoming Lion-OCBC Securities APAC Financials Dividend Plus ETF Lion-OCBC Securities APAC Financials Dividend Plus ETF is...","images":[],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":10,"commentSize":0,"repostSize":3,"link":"https://ttm.financial/post/295010026332328","isVote":1,"tweetType":1,"viewCount":1282,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943791570,"gmtCreate":1679680073290,"gmtModify":1679680079630,"author":{"id":"4142566750937672","authorId":"4142566750937672","name":"Khadijah","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4142566750937672","authorIdStr":"4142566750937672"},"themes":[],"htmlText":"Trade here","listText":"Trade here","text":"Trade here","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943791570","repostId":"1194295153","repostType":4,"repost":{"id":"1194295153","kind":"news","pubTimestamp":1679645134,"share":"https://ttm.financial/m/news/1194295153?lang=&edition=fundamental","pubTime":"2023-03-24 16:05","market":"us","language":"en","title":"Banking Crisis: Who's Next","url":"https://stock-news.laohu8.com/highlight/detail?id=1194295153","media":"Seeking Alpha","summary":"SummaryIt's been a busy two weeks for the global banking system and the central banks that oversee t","content":"<html><head></head><body><h2>Summary</h2><ul><li>It&#39;s been a busy two weeks for the global banking system and the central banks that oversee them.</li><li>What are the key takeaways thus far.</li><li>Who&#39;s next and who&#39;s last.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d7d31a433776e18078bbae63346dfe9f\" tg-width=\"1080\" tg-height=\"540\" width=\"100%\" height=\"auto\"/><span>Imagesrouges/iStock via Getty Images</span></p><h2>Meet the new bank crisis</h2><p>NOT the same as the old bank crisis. This is not the Great Financial Crisis II. It’s not the collapse of Long-Term Capital Management in 1998. It’s not the Great Depression either. A lot of what is taking placetoday has some rhymes with various past episodes, but we are charting new territory with new lessons to be learned to add to the future policy maker playbook. We are likely in the very early stages of this latest banking crisis that could take months if not years to play out. SVB Financial (SIVB), Signature Bank (SBNY), Silvergate Bank (SI), and Credit Suisse (CS) are already gone. Who’s next?</p><h2>The song is over</h2><p>Over the last fourteen years since the Great Financial Crisis (GFC), we were reassured that problems with the banks were behind us. In 2017, then Fed ChairJanet Yellen declared that we will not see another financial crisis in our lifetime. The next year, legislation was passed that eased regulations on all but the largest banking institutions. It was music to the ears of capital markets awash in liquidity, low volatility, and high-risk tolerance. But in the midst of a sustained bout of blistering hot inflation that induced the U.S. Federal Reserve to whipsaw from effectively promising to keep interest rates pinned at 0% until at least 2024 this time two years ago to launching into its most aggressive rate hiking campaign since the 1970s this time a year ago, the consequences of such abrupt and dramatic monetary policy swings are now coming into view. The song is over, and what we have seen so far is likely only the beginning of what is ahead now.</p><h2>Getting in tune</h2><p>Much has been written and pontificated about what has taken place in the banking system over the last two week since March 8 when Fed Chair Jay Powell flexed before Congress that the Fed was poised to raise interest rates by a half point at its March 22 FOMC meeting (what a difference a fortnight makes). It’s not that nothing more needs to be said on these topics, but it is also worthwhile to step back and reflect on selected perspectives that may be getting overlooked as the narrative rapidly unfolds.</p><h2>March madness</h2><p>I don’t know about you, but debating whether the global financial system might implode is not the best way to relax over weekend. Yet for the past two weekends, that’s exactly what we’ve had to game out. During the weekend of March 11-12, we held our breath wondering whether the U.S. financial trinity – the Treasury, the Federal Reserve, and the FDIC – would come up with an emergency solution to save the financial system from rampant bank runs before the markets in Asia opened on Sunday night. The next weekend of March 18-19, we waited and wondered whether the Swiss would be able to arrange a shotgun merger between its two banking behemoths and prevent the meltdown of a Systemically Important Financial Institution (SIFI). What new crisis threatening the global financial system will we have to look forward to in the coming weekends? Only time will tell.</p><h2>Revising my teaching notes</h2><p>So as I prepare my Intro to Finance lecture discussing how creditors are paid in the event of a liquidation, the events of the past weekend have provided a whole new twist to the discussion. For when it comes to the order in which people traditionally get paid in liquidation, its secured debt holders first, then senior unsecured lenders, followed by junior subordinated debt holders, then preferred stockholders, and both last and least (and typically nothing at all) common stock holders. Needless to say it was eyebrow raising when in the case of Credit Suisse the subordinated debt holders got wiped out yet the common stock holders received $1 billion $2 billion $3 billion in a merger withUBSthat was completed without the customary shareholder approval vote.</p><p>Listen, I get it that there simply was not the time to get shareholders to vote on a deal that absolutely had to be done over a weekend, but not only exempting the rule of law but also having the deal structured in a way that leaves head scratching questions in terms of the way that it was structured is not the best for engendering investor confidence going forward. Something tells me that this may not be the last we hear AT1 debt and banking system instability uttered in the same sentence.</p><h2>Tightening lending standards</h2><p>If you are running a small or mid-sized regional bank, it has been a traumatic past two weeks. It has been particularly traumatic if you are among the small or mid-sized regional banks that exercised poor credit management by doing things like using your depositors&#39; money to load up on long-term Treasuries and MBS in 2021 just before they were set to lose as much as 30% of their value.</p><p>With this potential fight for survival in mind, you may be far less inclined today than you were two weeks ago as a small or mid-sized bank to lend money out to your institutional and retail customers. And if the regional banks that serve so many local communities across the country share this more cautious inclination, this means less home buying, less car buying, less consumer spending, less capital expenditures, and less hiring of new employees. Add all of these “less”es together, and you have an economic recession, just as we have seen several times in the recent past as evidenced in the chart below.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/73611566280cece7f6e202ae8736df42\" tg-width=\"640\" tg-height=\"480\" width=\"100%\" height=\"auto\"/><span>Federal Reserve Bank of St. Louis, Board of Governors</span></p><p>The deeply inverted yield curve has been screaming recession for quite a while now, and recent developments across the banking landscape have not only meaningfully improved the probability of recession, but also that any such recession is likely to be a bit deeper and longer than previously anticipated.</p><p>The fact that stocks continue to trade at a premium coupled with the fact that corporate earnings are still toward the high end of their historical range with considerable room to come back down suggests that the road ahead for stocks over the next few months could get a bit bumpy before it’s all said and done.</p><h2>The banking crisis may do the Fed’s work</h2><p>If one wants to try to put a silver lining on idiosyncratic bank failures and stressful weekends waiting for emergency policy rescues, a positive that is likely to come from the recent banking crises and the probable tightening of lending standards is that it is likely to bring down inflation both further and faster than we would have seen otherwise. As I often like to say to my Principles of Macro students, if you have too much money chasing too few goods, a great way to solve it is by simply taking money away from people. And since politicians on all sides of the political aisle no longer have the resolve to actually raise taxes on anyone other than the ultra-wealthy, raising interest rates and tightening lending standards are ways to do it. If people don’t have money, they can’t spend it, and inflation comes back down.</p><p>A sooner and deeper recession may actually help at risk banks. What has put so many small and mid-sized banks at risk has been the precipitous decline in long-term Treasury and MBS prices. But if inflation comes down and the economy falls into recession, both of these forces are typically meaningful tailwinds for these same securities as interest rates eventually come back down and investors take flight to safety. It’s an interesting thought pretzel to think that an economic recession could help fix the banking crisis while an ongoing economic expansion could send more banks over the edge.</p><h2>Who’s next</h2><p>Bringing this all back together, it is very likely that we are still in the very early stages of a banking crisis that may take many months to play out. It is important to remember that when the U.S. Federal Reserve raises interest rates, it historically takes upwards of twelve months before the tightening effects of the rate hike have fully worked their way through the economy. And given that the Fed only started hiking rates at this time last year, this means that only the first 25 bps rate hike from last year has fully come out the other side and we have 450 bps of interest rate hikes still making their way through the proverbial snake. This includes four consecutive 75 bps bombs from the middle to latter part of last year as well as the latest 25 bps cherry on top of the rate hiking cycle cake that the Fed delivered coming out of their latest FOMC meeting this Wednesday. Somehow, I have a sneaking suspicion we may someday look back with derision on this last rate hike. It will be interesting to see.</p><p>With all of this in mind, we should remain mindful that the stream of banks under stress may not be continuous as we continue through 2023. We may go through prolonged stretches where it looks like the problem is behind us (May 2008, anyone?) only to find a new set of problems emerge in a different segment of the financial sector. Thus, keeping a close eye on further rumbles across the financial sector is a prudent strategy as we move forward from here.</p><p>As for who’s next in the meantime, I am not breaking any news by saying that First Republic Bank (FRC) remains the institution to watch. The situation remains highly tenuous despite the repeated efforts of both public and private institutions to resuscitate the ailing bank. If First Republic ultimately succumbs, pressure on other at risk regional banking institutions is not only likely to persist but amplify. On the other hand, if First Republic perseveres, such a period of relief from immediate banking stress may follow.</p><h2>Who’s last</h2><p>If we go through a worst case scenario thought exercise, it’s reasonable to consider where the road might end in the current banking crisis. A name that is worth monitoring in this regard is Bank of America (BAC), which of course is one of the largest financial institutions in the world and among the top of the SIFI category. Of course, nothing at all is imminently at issue with Bank of America, but it does have a notably larger long-term bond portfolio relative to its major banking institution peers. As a result, it is worth monitoring as a back-end measure of underlying financial sector stress.</p><h2>We won’t get fooled again</h2><p>Oh no, we so will. A defining characteristic of financial markets and the policy makers that oversee them is a memory that seemingly lasts about 18 months to two years at most. Unfortunately, this leads markets and policy makers to unwittingly and repeatedly fall into the same traps, only through different means. Fortunately for investors, such dislocations lead to attractive opportunities for those that are prepared and positioned to capitalize. Thus, maintaining a sharp focus on potential downside risks such as ongoing banking industry volatility is a productive way to navigate short-term turbulence while seeking to capitalize on long-term upside.</p><p><i>This article is written by Eric Parnell, CFA for reference only. Please note the risks.</i></p></body></html>","source":"seekingalpha","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>Banking Crisis: Who's Next</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\">\nBanking Crisis: Who's Next\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-24 16:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4589757-banking-crisis-who-is-next><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryIt's been a busy two weeks for the global banking system and the central banks that oversee them.What are the key takeaways thus far.Who's next and who's last.Imagesrouges/iStock via Getty ...</p>\n\n<a href=\"https://seekingalpha.com/article/4589757-banking-crisis-who-is-next\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"KBE":"银行指数ETF-SPDR KBW","WAL":"阿莱恩斯西部银行","BAC":"美国银行","SIVBQ":"硅谷银行","KRE":"区域银行指数ETF-SPDR KBW","WFC":"富国银行","USB":"美国合众银行"},"source_url":"https://seekingalpha.com/article/4589757-banking-crisis-who-is-next","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1194295153","content_text":"SummaryIt's been a busy two weeks for the global banking system and the central banks that oversee them.What are the key takeaways thus far.Who's next and who's last.Imagesrouges/iStock via Getty ImagesMeet the new bank crisisNOT the same as the old bank crisis. This is not the Great Financial Crisis II. It’s not the collapse of Long-Term Capital Management in 1998. It’s not the Great Depression either. A lot of what is taking placetoday has some rhymes with various past episodes, but we are charting new territory with new lessons to be learned to add to the future policy maker playbook. We are likely in the very early stages of this latest banking crisis that could take months if not years to play out. SVB Financial (SIVB), Signature Bank (SBNY), Silvergate Bank (SI), and Credit Suisse (CS) are already gone. Who’s next?The song is overOver the last fourteen years since the Great Financial Crisis (GFC), we were reassured that problems with the banks were behind us. In 2017, then Fed ChairJanet Yellen declared that we will not see another financial crisis in our lifetime. The next year, legislation was passed that eased regulations on all but the largest banking institutions. It was music to the ears of capital markets awash in liquidity, low volatility, and high-risk tolerance. But in the midst of a sustained bout of blistering hot inflation that induced the U.S. Federal Reserve to whipsaw from effectively promising to keep interest rates pinned at 0% until at least 2024 this time two years ago to launching into its most aggressive rate hiking campaign since the 1970s this time a year ago, the consequences of such abrupt and dramatic monetary policy swings are now coming into view. The song is over, and what we have seen so far is likely only the beginning of what is ahead now.Getting in tuneMuch has been written and pontificated about what has taken place in the banking system over the last two week since March 8 when Fed Chair Jay Powell flexed before Congress that the Fed was poised to raise interest rates by a half point at its March 22 FOMC meeting (what a difference a fortnight makes). It’s not that nothing more needs to be said on these topics, but it is also worthwhile to step back and reflect on selected perspectives that may be getting overlooked as the narrative rapidly unfolds.March madnessI don’t know about you, but debating whether the global financial system might implode is not the best way to relax over weekend. Yet for the past two weekends, that’s exactly what we’ve had to game out. During the weekend of March 11-12, we held our breath wondering whether the U.S. financial trinity – the Treasury, the Federal Reserve, and the FDIC – would come up with an emergency solution to save the financial system from rampant bank runs before the markets in Asia opened on Sunday night. The next weekend of March 18-19, we waited and wondered whether the Swiss would be able to arrange a shotgun merger between its two banking behemoths and prevent the meltdown of a Systemically Important Financial Institution (SIFI). What new crisis threatening the global financial system will we have to look forward to in the coming weekends? Only time will tell.Revising my teaching notesSo as I prepare my Intro to Finance lecture discussing how creditors are paid in the event of a liquidation, the events of the past weekend have provided a whole new twist to the discussion. For when it comes to the order in which people traditionally get paid in liquidation, its secured debt holders first, then senior unsecured lenders, followed by junior subordinated debt holders, then preferred stockholders, and both last and least (and typically nothing at all) common stock holders. Needless to say it was eyebrow raising when in the case of Credit Suisse the subordinated debt holders got wiped out yet the common stock holders received $1 billion $2 billion $3 billion in a merger withUBSthat was completed without the customary shareholder approval vote.Listen, I get it that there simply was not the time to get shareholders to vote on a deal that absolutely had to be done over a weekend, but not only exempting the rule of law but also having the deal structured in a way that leaves head scratching questions in terms of the way that it was structured is not the best for engendering investor confidence going forward. Something tells me that this may not be the last we hear AT1 debt and banking system instability uttered in the same sentence.Tightening lending standardsIf you are running a small or mid-sized regional bank, it has been a traumatic past two weeks. It has been particularly traumatic if you are among the small or mid-sized regional banks that exercised poor credit management by doing things like using your depositors' money to load up on long-term Treasuries and MBS in 2021 just before they were set to lose as much as 30% of their value.With this potential fight for survival in mind, you may be far less inclined today than you were two weeks ago as a small or mid-sized bank to lend money out to your institutional and retail customers. And if the regional banks that serve so many local communities across the country share this more cautious inclination, this means less home buying, less car buying, less consumer spending, less capital expenditures, and less hiring of new employees. Add all of these “less”es together, and you have an economic recession, just as we have seen several times in the recent past as evidenced in the chart below.Federal Reserve Bank of St. Louis, Board of GovernorsThe deeply inverted yield curve has been screaming recession for quite a while now, and recent developments across the banking landscape have not only meaningfully improved the probability of recession, but also that any such recession is likely to be a bit deeper and longer than previously anticipated.The fact that stocks continue to trade at a premium coupled with the fact that corporate earnings are still toward the high end of their historical range with considerable room to come back down suggests that the road ahead for stocks over the next few months could get a bit bumpy before it’s all said and done.The banking crisis may do the Fed’s workIf one wants to try to put a silver lining on idiosyncratic bank failures and stressful weekends waiting for emergency policy rescues, a positive that is likely to come from the recent banking crises and the probable tightening of lending standards is that it is likely to bring down inflation both further and faster than we would have seen otherwise. As I often like to say to my Principles of Macro students, if you have too much money chasing too few goods, a great way to solve it is by simply taking money away from people. And since politicians on all sides of the political aisle no longer have the resolve to actually raise taxes on anyone other than the ultra-wealthy, raising interest rates and tightening lending standards are ways to do it. If people don’t have money, they can’t spend it, and inflation comes back down.A sooner and deeper recession may actually help at risk banks. What has put so many small and mid-sized banks at risk has been the precipitous decline in long-term Treasury and MBS prices. But if inflation comes down and the economy falls into recession, both of these forces are typically meaningful tailwinds for these same securities as interest rates eventually come back down and investors take flight to safety. It’s an interesting thought pretzel to think that an economic recession could help fix the banking crisis while an ongoing economic expansion could send more banks over the edge.Who’s nextBringing this all back together, it is very likely that we are still in the very early stages of a banking crisis that may take many months to play out. It is important to remember that when the U.S. Federal Reserve raises interest rates, it historically takes upwards of twelve months before the tightening effects of the rate hike have fully worked their way through the economy. And given that the Fed only started hiking rates at this time last year, this means that only the first 25 bps rate hike from last year has fully come out the other side and we have 450 bps of interest rate hikes still making their way through the proverbial snake. This includes four consecutive 75 bps bombs from the middle to latter part of last year as well as the latest 25 bps cherry on top of the rate hiking cycle cake that the Fed delivered coming out of their latest FOMC meeting this Wednesday. Somehow, I have a sneaking suspicion we may someday look back with derision on this last rate hike. It will be interesting to see.With all of this in mind, we should remain mindful that the stream of banks under stress may not be continuous as we continue through 2023. We may go through prolonged stretches where it looks like the problem is behind us (May 2008, anyone?) only to find a new set of problems emerge in a different segment of the financial sector. Thus, keeping a close eye on further rumbles across the financial sector is a prudent strategy as we move forward from here.As for who’s next in the meantime, I am not breaking any news by saying that First Republic Bank (FRC) remains the institution to watch. The situation remains highly tenuous despite the repeated efforts of both public and private institutions to resuscitate the ailing bank. If First Republic ultimately succumbs, pressure on other at risk regional banking institutions is not only likely to persist but amplify. On the other hand, if First Republic perseveres, such a period of relief from immediate banking stress may follow.Who’s lastIf we go through a worst case scenario thought exercise, it’s reasonable to consider where the road might end in the current banking crisis. A name that is worth monitoring in this regard is Bank of America (BAC), which of course is one of the largest financial institutions in the world and among the top of the SIFI category. Of course, nothing at all is imminently at issue with Bank of America, but it does have a notably larger long-term bond portfolio relative to its major banking institution peers. As a result, it is worth monitoring as a back-end measure of underlying financial sector stress.We won’t get fooled againOh no, we so will. A defining characteristic of financial markets and the policy makers that oversee them is a memory that seemingly lasts about 18 months to two years at most. Unfortunately, this leads markets and policy makers to unwittingly and repeatedly fall into the same traps, only through different means. Fortunately for investors, such dislocations lead to attractive opportunities for those that are prepared and positioned to capitalize. Thus, maintaining a sharp focus on potential downside risks such as ongoing banking industry volatility is a productive way to navigate short-term turbulence while seeking to capitalize on long-term upside.This article is written by Eric Parnell, CFA for reference only. Please note the risks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":109,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9941305162,"gmtCreate":1679949353057,"gmtModify":1679949358284,"author":{"id":"4142566750937672","authorId":"4142566750937672","name":"Khadijah","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4142566750937672","authorIdStr":"4142566750937672"},"themes":[],"htmlText":"get","listText":"get","text":"get","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941305162","repostId":"2322422523","repostType":4,"repost":{"id":"2322422523","kind":"highlight","pubTimestamp":1679931725,"share":"https://ttm.financial/m/news/2322422523?lang=&edition=fundamental","pubTime":"2023-03-27 23:42","market":"us","language":"en","title":"Tesla's Delivery Data Are Coming Soon. This Number Could Lift the Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=2322422523","media":"MarketWatch","summary":"The next hot-button topic for bulls and bears on Tesla stock is deliveries for the first quarter. Th","content":"<html><head></head><body><p>The next hot-button topic for bulls and bears on Tesla stock is deliveries for the first quarter. The numbers are due this weekend.</p><p>It will be the first time Tesla will report delivery numbers since it slashed vehicle prices around the globe early this year. CEO Elon Musk said on the company’s fourth-quarter earnings conference call that “demand far exceeds production” and “we currently are seeing orders at almost twice the rate of production.”</p><p>The improvement in demand is a big reason that Tesla stock was up about 55% year to date, coming into Monday trading.</p><p>Tesla typically reports its quarterly delivery figures on the second day of the month. That will be Sunday if the pattern holds.</p><p>Wall Street is expecting the data to show about 420,000 units were delivered in the first quarter of 2023, up from about 405,000 in the fourth quarter of 2022.</p><p>That implies growth of about 4% from the prior quarter and about 35% compared with the roughly 310,000 vehicles delivered in the first quarter of 2022.</p><p>Barclays analyst Dan Levy believes Tesla will beat the consensus call of 420,000 vehicles and delivery roughly 425,000 cars. That would be enough to give the stock a boost, according to Levy.</p><p>He rates the shares at Buy and has a target of $275 for the price. Citi analyst Itay Michaeli has a Hold rating on shares, but raised his price target to $196 from $146 on Monday.</p><p>Recent data points, such as Chinese auto registration data, have been encouraging, wrote Michaeli. Registrations for Tesla vehicles in China, one proxy for demand in that country, have grown for four consecutive weeks.</p><p>Tesla also exports cars to Europe from its Chinese plant, so predicting total sales from Tesla’s Chinese plant in Shanghai is any given quarter is difficult.</p><p>Tesla’s Shanghai plant produced about 140,000 units in January and February combined. About 61,000 were delivered domestically with the rest exported. Tesla also makes vehicles in Fremont, Calif.; Austin, Texas; and Germany.</p><p>Not surprisingly, Tesla stock typically reacts better when deliveries exceed forecasts than when they fall short. Shares dropped about 12% on the first trading day of 2023 after fourth-quarter deliveries missed expectations. Wall Street was looking for about 420,000 units, roughly 15,000 more than the actual total.</p><p>Shares quickly recovered, however, and were at about $144 before Tesla reported its fourth-quarter numbers on Jan. 25. Tesla stock closed out 2022 at $123.18 a share and dropped to $108.10 after the delivery disappointment.</p><p>Tesla stock was up 2.1% in early trading at about $194.39. The S&amp;P 500  and Nasdaq Composite rose about 0.5% and 0.3%, respectively.</p></body></html>","source":"mwatch_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>Tesla's Delivery Data Are Coming Soon. This Number Could Lift the Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla's Delivery Data Are Coming Soon. This Number Could Lift the Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-27 23:42 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/articles/teslas-stock-deliveries-what-to-expect-9a9c5148?mod=newsviewer_click><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The next hot-button topic for bulls and bears on Tesla stock is deliveries for the first quarter. The numbers are due this weekend.It will be the first time Tesla will report delivery numbers since it...</p>\n\n<a href=\"https://www.marketwatch.com/articles/teslas-stock-deliveries-what-to-expect-9a9c5148?mod=newsviewer_click\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.marketwatch.com/articles/teslas-stock-deliveries-what-to-expect-9a9c5148?mod=newsviewer_click","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2322422523","content_text":"The next hot-button topic for bulls and bears on Tesla stock is deliveries for the first quarter. The numbers are due this weekend.It will be the first time Tesla will report delivery numbers since it slashed vehicle prices around the globe early this year. CEO Elon Musk said on the company’s fourth-quarter earnings conference call that “demand far exceeds production” and “we currently are seeing orders at almost twice the rate of production.”The improvement in demand is a big reason that Tesla stock was up about 55% year to date, coming into Monday trading.Tesla typically reports its quarterly delivery figures on the second day of the month. That will be Sunday if the pattern holds.Wall Street is expecting the data to show about 420,000 units were delivered in the first quarter of 2023, up from about 405,000 in the fourth quarter of 2022.That implies growth of about 4% from the prior quarter and about 35% compared with the roughly 310,000 vehicles delivered in the first quarter of 2022.Barclays analyst Dan Levy believes Tesla will beat the consensus call of 420,000 vehicles and delivery roughly 425,000 cars. That would be enough to give the stock a boost, according to Levy.He rates the shares at Buy and has a target of $275 for the price. Citi analyst Itay Michaeli has a Hold rating on shares, but raised his price target to $196 from $146 on Monday.Recent data points, such as Chinese auto registration data, have been encouraging, wrote Michaeli. Registrations for Tesla vehicles in China, one proxy for demand in that country, have grown for four consecutive weeks.Tesla also exports cars to Europe from its Chinese plant, so predicting total sales from Tesla’s Chinese plant in Shanghai is any given quarter is difficult.Tesla’s Shanghai plant produced about 140,000 units in January and February combined. About 61,000 were delivered domestically with the rest exported. Tesla also makes vehicles in Fremont, Calif.; Austin, Texas; and Germany.Not surprisingly, Tesla stock typically reacts better when deliveries exceed forecasts than when they fall short. Shares dropped about 12% on the first trading day of 2023 after fourth-quarter deliveries missed expectations. Wall Street was looking for about 420,000 units, roughly 15,000 more than the actual total.Shares quickly recovered, however, and were at about $144 before Tesla reported its fourth-quarter numbers on Jan. 25. Tesla stock closed out 2022 at $123.18 a share and dropped to $108.10 after the delivery disappointment.Tesla stock was up 2.1% in early trading at about $194.39. The S&P 500  and Nasdaq Composite rose about 0.5% and 0.3%, respectively.","news_type":1},"isVote":1,"tweetType":1,"viewCount":160,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943270340,"gmtCreate":1679523243680,"gmtModify":1679523248374,"author":{"id":"4142566750937672","authorId":"4142566750937672","name":"Khadijah","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4142566750937672","authorIdStr":"4142566750937672"},"themes":[],"htmlText":"&nbsp;I want buy Tesla Saham","listText":"&nbsp;I want buy Tesla Saham","text":"I want buy Tesla Saham","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9943270340","repostId":"2321964902","repostType":4,"isVote":1,"tweetType":1,"viewCount":127,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943565742,"gmtCreate":1679568287686,"gmtModify":1679568292052,"author":{"id":"4142566750937672","authorId":"4142566750937672","name":"Khadijah","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4142566750937672","authorIdStr":"4142566750937672"},"themes":[],"htmlText":"Help me get profit with buy Tesla&nbsp;","listText":"Help me get profit with buy Tesla&nbsp;","text":"Help me get profit with buy Tesla","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9943565742","repostId":"1182609473","repostType":2,"repost":{"id":"1182609473","kind":"news","pubTimestamp":1679567277,"share":"https://ttm.financial/m/news/1182609473?lang=&edition=fundamental","pubTime":"2023-03-23 18:27","market":"us","language":"en","title":"Tesla Expects to Lose Full $7,500 Tax Credit on Its Cheapest Electric Car","url":"https://stock-news.laohu8.com/highlight/detail?id=1182609473","media":"Electrek","summary":"Tesla told employees that it expects to lose the full $7,500 federal tax credit on its cheapest elec","content":"<html><head></head><body><p>Tesla told employees that it expects to lose the full $7,500 federal tax credit on its cheapest electric car because the batteries come from China.</p><p>Since January, some electric automakers have been enjoying a surge in demand thanks to the new federal tax credit program for electric vehicles coming into place.</p><p>Tesla has been the biggest winner since its buyers completely lost access to the tax credit years ago after the automaker hit 200,000 deliveries in the US.</p><p>For the last three months, eligible buyers in the US could get a $7,500 tax credit on all Tesla Model 3 and Model Y vehicles, which are the automaker’s two cheapest and most popular models.</p><p>However, we knew that things would change by the end of March.</p><p>When the new tax credit program was announced, it included requirements for battery production in North America and battery material sourcing in countries with free trade agreements with the US in order to get access to up to half of $7,500 credit.</p><p>But the guidance on how these requirements would work was not released in time for the new tax credit coming into effect in January and therefore, they were waived until the second quarter.</p><p>By then, the IRS has been expected to release detailed guidance about how those requirements will be accounted for.</p><p>Now Electrek has learned from sources familiar with the matter that Tesla has communicated to employees that it expects the IRS to release the guidance any day now, and the automaker expects to lose the full credit on the Model 3 Standard Range – its cheapest vehicle.</p><p>The Model 3 Standard Range is built in Fremont, California, in the US, but its battery pack is using LFP battery cells built in China.</p><p>The communication to employees appears to have been done to prepare buyers of those vehicles as the access to the full credit could change if delivery is done on April 1st rather than March 31st – pending official guidance.</p><p>As for Tesla’s other Model Y and Model 3 vehicles in the US, they are expected to retain access to the full tax credit as they are using battery cells built by Tesla or Panasonic in Nevada, California, or Texas.</p><p>The battery material sourcing might be more of an issue, but Tesla appears confident that it won’t be the case as a large percentage of its battery materials is sourced from countries with free trade agreements like Australia and Canada.</p></body></html>","source":"lsy1627037122897","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 Expects to Lose Full $7,500 Tax Credit on Its Cheapest Electric Car</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 Expects to Lose Full $7,500 Tax Credit on Its Cheapest Electric Car\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-23 18:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://electrek.co/2023/03/23/tesla-expects-lose-full-7500-tax-credit-cheapest-electric-car/><strong>Electrek</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla told employees that it expects to lose the full $7,500 federal tax credit on its cheapest electric car because the batteries come from China.Since January, some electric automakers have been ...</p>\n\n<a href=\"https://electrek.co/2023/03/23/tesla-expects-lose-full-7500-tax-credit-cheapest-electric-car/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://electrek.co/2023/03/23/tesla-expects-lose-full-7500-tax-credit-cheapest-electric-car/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1182609473","content_text":"Tesla told employees that it expects to lose the full $7,500 federal tax credit on its cheapest electric car because the batteries come from China.Since January, some electric automakers have been enjoying a surge in demand thanks to the new federal tax credit program for electric vehicles coming into place.Tesla has been the biggest winner since its buyers completely lost access to the tax credit years ago after the automaker hit 200,000 deliveries in the US.For the last three months, eligible buyers in the US could get a $7,500 tax credit on all Tesla Model 3 and Model Y vehicles, which are the automaker’s two cheapest and most popular models.However, we knew that things would change by the end of March.When the new tax credit program was announced, it included requirements for battery production in North America and battery material sourcing in countries with free trade agreements with the US in order to get access to up to half of $7,500 credit.But the guidance on how these requirements would work was not released in time for the new tax credit coming into effect in January and therefore, they were waived until the second quarter.By then, the IRS has been expected to release detailed guidance about how those requirements will be accounted for.Now Electrek has learned from sources familiar with the matter that Tesla has communicated to employees that it expects the IRS to release the guidance any day now, and the automaker expects to lose the full credit on the Model 3 Standard Range – its cheapest vehicle.The Model 3 Standard Range is built in Fremont, California, in the US, but its battery pack is using LFP battery cells built in China.The communication to employees appears to have been done to prepare buyers of those vehicles as the access to the full credit could change if delivery is done on April 1st rather than March 31st – pending official guidance.As for Tesla’s other Model Y and Model 3 vehicles in the US, they are expected to retain access to the full tax credit as they are using battery cells built by Tesla or Panasonic in Nevada, California, or Texas.The battery material sourcing might be more of an issue, but Tesla appears confident that it won’t be the case as a large percentage of its battery materials is sourced from countries with free trade agreements like Australia and Canada.","news_type":1},"isVote":1,"tweetType":1,"viewCount":72,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":230726837879072,"gmtCreate":1697371690671,"gmtModify":1697371695279,"author":{"id":"4142566750937672","authorId":"4142566750937672","name":"Khadijah","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4142566750937672","authorIdStr":"4142566750937672"},"themes":[],"htmlText":"Artikel yang bagus, apakah Anda ingin membagikannya?","listText":"Artikel yang bagus, apakah Anda ingin membagikannya?","text":"Artikel yang bagus, apakah Anda ingin membagikannya?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/230726837879072","repostId":"1124373275","repostType":4,"repost":{"id":"1124373275","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":1697328004,"share":"https://ttm.financial/m/news/1124373275?lang=&edition=fundamental","pubTime":"2023-10-15 08:00","market":"us","language":"en","title":"Tesla Earnings Preview: Gross-Profit Margins to Show a Decline on Price Cuts in Q3","url":"https://stock-news.laohu8.com/highlight/detail?id=1124373275","media":"Tiger Newspress","summary":"Investors are looking to Tesla's Q3 earnings report, with concerns over operating margins and the impact of price cuts on revenue. Investors will be paying pay close attention to gross-profit margins ","content":"<html><head></head><body><blockquote><p>Investors are looking to Tesla&#39;s Q3 earnings report, with concerns over operating margins and the impact of price cuts on revenue. Investors will be paying pay close attention to gross-profit margins amid falling prices for Tesla&#39;s electric vehicles.</p></blockquote><p><a href=\"https://laohu8.com/S/TSLA\">Tesla, Inc.</a> is set to report third-quarter earnings post-market on October 18, 2023. The company&#39;s recently disclosed Q3 delivery figures disappointed some investors. Analysts expect Tesla’s revenues to come in at $24.420 billion. Adjusted earnings are likely to come in at about $0.748 per share, according to Bloomberg&#39;s unanimous expectations.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/99ec85d7b6b637d8decf1989c04a7610\" title=\"\" tg-width=\"865\" tg-height=\"293\"/></p><h2 id=\"id_881178883\">Previous quarter review</h2><p>Tesla Inc.’s profitability shrank in the second quarter. The Elon Musk-led company reported gross margin of 18.2% in the quarter, below the 18.8% Wall Street had expected. Still, Tesla beat earnings and revenue expectations. Its profit, excluding some items, came to 91 cents a share, more than the 81 cents analysts estimated.</p><p>Tesla delivered a record 466,140 cars in the period, spurred on by the price reductions that began earlier this year. Revenue rose 47% to $24.9 billion. Analysts had expected the company to generate $24.5 billion in sales.</p><h2 id=\"id_1922860644\">What will we focus on in Q3?</h2><h3 id=\"id_3632118075\">Tesla misses Q3 delivery but maintains full-year guidance</h3><p>Tesla has already reported delivery numbers for Q3 2023. For the quarter, Tesla reported 435,059 deliveries, and production of 430,488 vehicles. Wall Street was expecting Tesla deliveries to reach 461,640 for the period ending Sept. 30, according to a consensus of analysts polled by StreetAccount.</p><p>Analysts noted that the deliveries miss was tied to longer than expected downtimes of factories in Shanghai and Austin. Wedbush Securities analyst Dan Ives said the downtimes were likely to have led to ~20k units shift into Q4. &#34;With price cuts mostly in the rear view mirror providing stability in prices going forward, we believe Tesla is now set to be entering the next stage of growth for the company globally with the Model 3 refresh front and center in China and Cybertruck production set to kick off beginning around Halloween,&#34; he noted. Crucially, Tesla remains committed to the target of 1.8 million deliveries for the year.</p><h3 id=\"id_936203066\">Price cuts may affect gross-profit margins</h3><p>Investors will be paying pay close attention to gross-profit margins amid falling prices for Tesla&#39;s electric vehicles.</p><p>As for gross-profit margins, Tesla is expected to produce automotive gross-profit margins, excluding regulatory credits, of just below 18% in the third quarter, down a little compared with the second quarter. Automotive gross-profit margins peaked at about 30% in the first quarter of 2022.</p><p>A number at or around 17% would likely alarm investors. Wells Fargo analyst Colin Langan expects margins of about 16% due to falling prices and weaker deliveries.</p><h3 id=\"id_610828008\">Cybertruck fails to arrive in Q3</h3><p>Tesla did not launch sales of the Cybertruck model in Q3 after Elon Musk had suggested earlier in the year that a delivery event was likely to occur during the quarter.</p><p>Musk, who has claimed the stainless steel exterior is “bulletproof,” is expected to update investors on the production of Tesla’s first pickup on an Oct. 18 conference call after the company reports its latest earnings.</p><p>The complexity of the model is believed to be behind the long road to customer deliveries.</p><p>Elon Musk stated that due to the nature of Cybertruck being made of bright metal with mostly straight edges, any dimensional variation shows up like a sore thumb. He noted that all parts for Cybertruck, including from suppliers, need to be designed and built to sub 10 micron accuracy. &#34;</p><p>However, preproduction versions of the Cybertruck have been spotted in places including San Francisco, stoking excitement among Tesla fans about the truck&#39;s eventual release.</p><h3 id=\"id_3436064478\">Tesla’s AI mojo dojo &amp; FSD system</h3><p>Tesla Inc. is sparing no expense to become a player in supercomputing. During Q2 conference call, Elon Musk said the electric carmaker plans to invest more than $1 billion on its so-called Project Dojo by the end of 2024. The investment is split between R&amp;D and capital expenditures — and is in line with a previously-stated three-year expense outlook.</p><p>Dojo is designed to train Tesla&#39;s full-self-driving (FSD) system, which relies on real-world video data to improve autonomous driving capabilities. It addresses the need for increased compute power to process vast amounts of data from Tesla&#39;s growing vehicle fleet.</p><p>Musk said Tesla has a “staggering amount” of video at its disposal, thanks to its customers’ use of camera-based driver assistance software called Autopilot and a related feature known as “Full Self Driving Beta” that has racked up more than 300 million miles of data. The company said in its latest earnings release that it had begun production of its “Dojo training computer.”</p><h2 id=\"id_4258101301\">Analyst opinion</h2><h3 id=\"id_3943745959\">Tesla price target raised to $400 at Morgan Stanley</h3><p>Morgan Stanley believes Dojo could add up to $500 billion in enterprise value for Tesla by accelerating robotaxi adoption and software subscriptions. Their updated bull case scenario models TSLA stock reaching $550.</p><p>The dramatic upgrade follows Jonas’ 40-page deep dive report on Tesla’s AI and supercomputing capabilities. He highlights that Tesla’s Dojo team has over 250 years of combined hardware and software expertise.</p><p>Dojo’s purpose-built AI training power may enable breakthroughs in full self-driving, humanoid robots like Optimus, and other ambitious innovation pursuits. Morgan Stanley’s positivity signals Wall Street is beginning to appreciate Tesla’s potential beyond automotive.</p><h3 id=\"id_2059307736\">Morgan Stanley&#39;s Adam Jonas foresees car, smartphone convergence</h3><p>Jonas believes it’s not too early for Tesla investors to consider the implications of the blurring lines between the two market segments of automobiles and mobile devices.</p><p>The vehicle is now increasingly defined by its software and the key attributes of the connected vehicle include the primary hardware of a smartphone be it battery, screen, camera, modem, antenna etc. This primary hardware is then wrapped with additional features such as electric motors, crash safety systems, etc., Jonas said.</p><p>With Chinese automaker Nio recently launching a smartphone designed for specific use with its EVs and Tesla users increasingly using their phones as their primary key, this merging of the two segments is getting more absolute, he added.</p><h3 id=\"id_2127596825\">JPMorgan reiterated a “sell” rating and a price target of $135</h3><p>Ryan Brickman of JPMorgan reiterated a “sell” rating and a price target of $135. While that’s an improvement over his recent per-share forecast of $120, it still represents a downside potential of more than 45%. Goldman Sachs’ Mark Delaney lowered his price target to $252 and rated the stock as a “hold.”</p><p>William Stein of Truist Financial, who lowered his own TSLA stock price target to $243, also maintains a “hold” rating. An even harsher take came from Toni Sacconaghi of Bernstein two days ago, who maintained a “sell” rating and a price target of $150.</p><p>“Sacconaghi also expressed concern over Tesla’s auto gross margins, expecting potential downside due to lower volumes and significant discounts on cars sold from inventory. He also perceived weakness in the demand and a lack of new high-volume offerings, predicting that Tesla would need to cut prices further next year to drive volumes, which would impact margins.”</p><p>Sacconaghi believes that Tesla will need to demonstrate a strong Q4 and may require further price cuts to achieve its FY 23 delivery forecast. Meeting that goal would set the company up nicely to enter 2024, though the forecast has been adjusted. However, the recent deliveries miss doesn’t suggest that Tesla is making the type of progress that Wall Street wants to see. Price targets are being lowered ahead of earnings for a reason.</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 Earnings Preview: Gross-Profit Margins to Show a Decline on Price Cuts in Q3</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Earnings Preview: Gross-Profit Margins to Show a Decline on Price Cuts in Q3\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\">2023-10-15 08:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><blockquote><p>Investors are looking to Tesla&#39;s Q3 earnings report, with concerns over operating margins and the impact of price cuts on revenue. Investors will be paying pay close attention to gross-profit margins amid falling prices for Tesla&#39;s electric vehicles.</p></blockquote><p><a href=\"https://laohu8.com/S/TSLA\">Tesla, Inc.</a> is set to report third-quarter earnings post-market on October 18, 2023. The company&#39;s recently disclosed Q3 delivery figures disappointed some investors. Analysts expect Tesla’s revenues to come in at $24.420 billion. Adjusted earnings are likely to come in at about $0.748 per share, according to Bloomberg&#39;s unanimous expectations.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/99ec85d7b6b637d8decf1989c04a7610\" title=\"\" tg-width=\"865\" tg-height=\"293\"/></p><h2 id=\"id_881178883\">Previous quarter review</h2><p>Tesla Inc.’s profitability shrank in the second quarter. The Elon Musk-led company reported gross margin of 18.2% in the quarter, below the 18.8% Wall Street had expected. Still, Tesla beat earnings and revenue expectations. Its profit, excluding some items, came to 91 cents a share, more than the 81 cents analysts estimated.</p><p>Tesla delivered a record 466,140 cars in the period, spurred on by the price reductions that began earlier this year. Revenue rose 47% to $24.9 billion. Analysts had expected the company to generate $24.5 billion in sales.</p><h2 id=\"id_1922860644\">What will we focus on in Q3?</h2><h3 id=\"id_3632118075\">Tesla misses Q3 delivery but maintains full-year guidance</h3><p>Tesla has already reported delivery numbers for Q3 2023. For the quarter, Tesla reported 435,059 deliveries, and production of 430,488 vehicles. Wall Street was expecting Tesla deliveries to reach 461,640 for the period ending Sept. 30, according to a consensus of analysts polled by StreetAccount.</p><p>Analysts noted that the deliveries miss was tied to longer than expected downtimes of factories in Shanghai and Austin. Wedbush Securities analyst Dan Ives said the downtimes were likely to have led to ~20k units shift into Q4. &#34;With price cuts mostly in the rear view mirror providing stability in prices going forward, we believe Tesla is now set to be entering the next stage of growth for the company globally with the Model 3 refresh front and center in China and Cybertruck production set to kick off beginning around Halloween,&#34; he noted. Crucially, Tesla remains committed to the target of 1.8 million deliveries for the year.</p><h3 id=\"id_936203066\">Price cuts may affect gross-profit margins</h3><p>Investors will be paying pay close attention to gross-profit margins amid falling prices for Tesla&#39;s electric vehicles.</p><p>As for gross-profit margins, Tesla is expected to produce automotive gross-profit margins, excluding regulatory credits, of just below 18% in the third quarter, down a little compared with the second quarter. Automotive gross-profit margins peaked at about 30% in the first quarter of 2022.</p><p>A number at or around 17% would likely alarm investors. Wells Fargo analyst Colin Langan expects margins of about 16% due to falling prices and weaker deliveries.</p><h3 id=\"id_610828008\">Cybertruck fails to arrive in Q3</h3><p>Tesla did not launch sales of the Cybertruck model in Q3 after Elon Musk had suggested earlier in the year that a delivery event was likely to occur during the quarter.</p><p>Musk, who has claimed the stainless steel exterior is “bulletproof,” is expected to update investors on the production of Tesla’s first pickup on an Oct. 18 conference call after the company reports its latest earnings.</p><p>The complexity of the model is believed to be behind the long road to customer deliveries.</p><p>Elon Musk stated that due to the nature of Cybertruck being made of bright metal with mostly straight edges, any dimensional variation shows up like a sore thumb. He noted that all parts for Cybertruck, including from suppliers, need to be designed and built to sub 10 micron accuracy. &#34;</p><p>However, preproduction versions of the Cybertruck have been spotted in places including San Francisco, stoking excitement among Tesla fans about the truck&#39;s eventual release.</p><h3 id=\"id_3436064478\">Tesla’s AI mojo dojo &amp; FSD system</h3><p>Tesla Inc. is sparing no expense to become a player in supercomputing. During Q2 conference call, Elon Musk said the electric carmaker plans to invest more than $1 billion on its so-called Project Dojo by the end of 2024. The investment is split between R&amp;D and capital expenditures — and is in line with a previously-stated three-year expense outlook.</p><p>Dojo is designed to train Tesla&#39;s full-self-driving (FSD) system, which relies on real-world video data to improve autonomous driving capabilities. It addresses the need for increased compute power to process vast amounts of data from Tesla&#39;s growing vehicle fleet.</p><p>Musk said Tesla has a “staggering amount” of video at its disposal, thanks to its customers’ use of camera-based driver assistance software called Autopilot and a related feature known as “Full Self Driving Beta” that has racked up more than 300 million miles of data. The company said in its latest earnings release that it had begun production of its “Dojo training computer.”</p><h2 id=\"id_4258101301\">Analyst opinion</h2><h3 id=\"id_3943745959\">Tesla price target raised to $400 at Morgan Stanley</h3><p>Morgan Stanley believes Dojo could add up to $500 billion in enterprise value for Tesla by accelerating robotaxi adoption and software subscriptions. Their updated bull case scenario models TSLA stock reaching $550.</p><p>The dramatic upgrade follows Jonas’ 40-page deep dive report on Tesla’s AI and supercomputing capabilities. He highlights that Tesla’s Dojo team has over 250 years of combined hardware and software expertise.</p><p>Dojo’s purpose-built AI training power may enable breakthroughs in full self-driving, humanoid robots like Optimus, and other ambitious innovation pursuits. Morgan Stanley’s positivity signals Wall Street is beginning to appreciate Tesla’s potential beyond automotive.</p><h3 id=\"id_2059307736\">Morgan Stanley&#39;s Adam Jonas foresees car, smartphone convergence</h3><p>Jonas believes it’s not too early for Tesla investors to consider the implications of the blurring lines between the two market segments of automobiles and mobile devices.</p><p>The vehicle is now increasingly defined by its software and the key attributes of the connected vehicle include the primary hardware of a smartphone be it battery, screen, camera, modem, antenna etc. This primary hardware is then wrapped with additional features such as electric motors, crash safety systems, etc., Jonas said.</p><p>With Chinese automaker Nio recently launching a smartphone designed for specific use with its EVs and Tesla users increasingly using their phones as their primary key, this merging of the two segments is getting more absolute, he added.</p><h3 id=\"id_2127596825\">JPMorgan reiterated a “sell” rating and a price target of $135</h3><p>Ryan Brickman of JPMorgan reiterated a “sell” rating and a price target of $135. While that’s an improvement over his recent per-share forecast of $120, it still represents a downside potential of more than 45%. Goldman Sachs’ Mark Delaney lowered his price target to $252 and rated the stock as a “hold.”</p><p>William Stein of Truist Financial, who lowered his own TSLA stock price target to $243, also maintains a “hold” rating. An even harsher take came from Toni Sacconaghi of Bernstein two days ago, who maintained a “sell” rating and a price target of $150.</p><p>“Sacconaghi also expressed concern over Tesla’s auto gross margins, expecting potential downside due to lower volumes and significant discounts on cars sold from inventory. He also perceived weakness in the demand and a lack of new high-volume offerings, predicting that Tesla would need to cut prices further next year to drive volumes, which would impact margins.”</p><p>Sacconaghi believes that Tesla will need to demonstrate a strong Q4 and may require further price cuts to achieve its FY 23 delivery forecast. Meeting that goal would set the company up nicely to enter 2024, though the forecast has been adjusted. However, the recent deliveries miss doesn’t suggest that Tesla is making the type of progress that Wall Street wants to see. Price targets are being lowered ahead of earnings for a reason.</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":"1124373275","content_text":"Investors are looking to Tesla's Q3 earnings report, with concerns over operating margins and the impact of price cuts on revenue. Investors will be paying pay close attention to gross-profit margins amid falling prices for Tesla's electric vehicles.Tesla, Inc. is set to report third-quarter earnings post-market on October 18, 2023. The company's recently disclosed Q3 delivery figures disappointed some investors. Analysts expect Tesla’s revenues to come in at $24.420 billion. Adjusted earnings are likely to come in at about $0.748 per share, according to Bloomberg's unanimous expectations.Previous quarter reviewTesla Inc.’s profitability shrank in the second quarter. The Elon Musk-led company reported gross margin of 18.2% in the quarter, below the 18.8% Wall Street had expected. Still, Tesla beat earnings and revenue expectations. Its profit, excluding some items, came to 91 cents a share, more than the 81 cents analysts estimated.Tesla delivered a record 466,140 cars in the period, spurred on by the price reductions that began earlier this year. Revenue rose 47% to $24.9 billion. Analysts had expected the company to generate $24.5 billion in sales.What will we focus on in Q3?Tesla misses Q3 delivery but maintains full-year guidanceTesla has already reported delivery numbers for Q3 2023. For the quarter, Tesla reported 435,059 deliveries, and production of 430,488 vehicles. Wall Street was expecting Tesla deliveries to reach 461,640 for the period ending Sept. 30, according to a consensus of analysts polled by StreetAccount.Analysts noted that the deliveries miss was tied to longer than expected downtimes of factories in Shanghai and Austin. Wedbush Securities analyst Dan Ives said the downtimes were likely to have led to ~20k units shift into Q4. \"With price cuts mostly in the rear view mirror providing stability in prices going forward, we believe Tesla is now set to be entering the next stage of growth for the company globally with the Model 3 refresh front and center in China and Cybertruck production set to kick off beginning around Halloween,\" he noted. Crucially, Tesla remains committed to the target of 1.8 million deliveries for the year.Price cuts may affect gross-profit marginsInvestors will be paying pay close attention to gross-profit margins amid falling prices for Tesla's electric vehicles.As for gross-profit margins, Tesla is expected to produce automotive gross-profit margins, excluding regulatory credits, of just below 18% in the third quarter, down a little compared with the second quarter. Automotive gross-profit margins peaked at about 30% in the first quarter of 2022.A number at or around 17% would likely alarm investors. Wells Fargo analyst Colin Langan expects margins of about 16% due to falling prices and weaker deliveries.Cybertruck fails to arrive in Q3Tesla did not launch sales of the Cybertruck model in Q3 after Elon Musk had suggested earlier in the year that a delivery event was likely to occur during the quarter.Musk, who has claimed the stainless steel exterior is “bulletproof,” is expected to update investors on the production of Tesla’s first pickup on an Oct. 18 conference call after the company reports its latest earnings.The complexity of the model is believed to be behind the long road to customer deliveries.Elon Musk stated that due to the nature of Cybertruck being made of bright metal with mostly straight edges, any dimensional variation shows up like a sore thumb. He noted that all parts for Cybertruck, including from suppliers, need to be designed and built to sub 10 micron accuracy. \"However, preproduction versions of the Cybertruck have been spotted in places including San Francisco, stoking excitement among Tesla fans about the truck's eventual release.Tesla’s AI mojo dojo & FSD systemTesla Inc. is sparing no expense to become a player in supercomputing. During Q2 conference call, Elon Musk said the electric carmaker plans to invest more than $1 billion on its so-called Project Dojo by the end of 2024. The investment is split between R&D and capital expenditures — and is in line with a previously-stated three-year expense outlook.Dojo is designed to train Tesla's full-self-driving (FSD) system, which relies on real-world video data to improve autonomous driving capabilities. It addresses the need for increased compute power to process vast amounts of data from Tesla's growing vehicle fleet.Musk said Tesla has a “staggering amount” of video at its disposal, thanks to its customers’ use of camera-based driver assistance software called Autopilot and a related feature known as “Full Self Driving Beta” that has racked up more than 300 million miles of data. The company said in its latest earnings release that it had begun production of its “Dojo training computer.”Analyst opinionTesla price target raised to $400 at Morgan StanleyMorgan Stanley believes Dojo could add up to $500 billion in enterprise value for Tesla by accelerating robotaxi adoption and software subscriptions. Their updated bull case scenario models TSLA stock reaching $550.The dramatic upgrade follows Jonas’ 40-page deep dive report on Tesla’s AI and supercomputing capabilities. He highlights that Tesla’s Dojo team has over 250 years of combined hardware and software expertise.Dojo’s purpose-built AI training power may enable breakthroughs in full self-driving, humanoid robots like Optimus, and other ambitious innovation pursuits. Morgan Stanley’s positivity signals Wall Street is beginning to appreciate Tesla’s potential beyond automotive.Morgan Stanley's Adam Jonas foresees car, smartphone convergenceJonas believes it’s not too early for Tesla investors to consider the implications of the blurring lines between the two market segments of automobiles and mobile devices.The vehicle is now increasingly defined by its software and the key attributes of the connected vehicle include the primary hardware of a smartphone be it battery, screen, camera, modem, antenna etc. This primary hardware is then wrapped with additional features such as electric motors, crash safety systems, etc., Jonas said.With Chinese automaker Nio recently launching a smartphone designed for specific use with its EVs and Tesla users increasingly using their phones as their primary key, this merging of the two segments is getting more absolute, he added.JPMorgan reiterated a “sell” rating and a price target of $135Ryan Brickman of JPMorgan reiterated a “sell” rating and a price target of $135. While that’s an improvement over his recent per-share forecast of $120, it still represents a downside potential of more than 45%. Goldman Sachs’ Mark Delaney lowered his price target to $252 and rated the stock as a “hold.”William Stein of Truist Financial, who lowered his own TSLA stock price target to $243, also maintains a “hold” rating. An even harsher take came from Toni Sacconaghi of Bernstein two days ago, who maintained a “sell” rating and a price target of $150.“Sacconaghi also expressed concern over Tesla’s auto gross margins, expecting potential downside due to lower volumes and significant discounts on cars sold from inventory. He also perceived weakness in the demand and a lack of new high-volume offerings, predicting that Tesla would need to cut prices further next year to drive volumes, which would impact margins.”Sacconaghi believes that Tesla will need to demonstrate a strong Q4 and may require further price cuts to achieve its FY 23 delivery forecast. Meeting that goal would set the company up nicely to enter 2024, though the forecast has been adjusted. However, the recent deliveries miss doesn’t suggest that Tesla is making the type of progress that Wall Street wants to see. Price targets are being lowered ahead of earnings for a reason.","news_type":1},"isVote":1,"tweetType":1,"viewCount":453,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":229213593325816,"gmtCreate":1696999368445,"gmtModify":1696999370056,"author":{"id":"4142566750937672","authorId":"4142566750937672","name":"Khadijah","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4142566750937672","authorIdStr":"4142566750937672"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$&nbsp;</a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$&nbsp;</a><v-v data-views=\"1\"></v-v>","text":"$Tesla Motors(TSLA)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/229213593325816","isVote":1,"tweetType":1,"viewCount":318,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":226937621225568,"gmtCreate":1696478409388,"gmtModify":1696478411853,"author":{"id":"4142566750937672","authorId":"4142566750937672","name":"Khadijah","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4142566750937672","authorIdStr":"4142566750937672"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$&nbsp;</a>win","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$&nbsp;</a>win","text":"$Tesla Motors(TSLA)$ win","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/226937621225568","isVote":1,"tweetType":1,"viewCount":169,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":226874050052128,"gmtCreate":1696454096048,"gmtModify":1696454100657,"author":{"id":"4142566750937672","authorId":"4142566750937672","name":"Khadijah","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4142566750937672","authorIdStr":"4142566750937672"},"themes":[],"htmlText":"Ooo","listText":"Ooo","text":"Ooo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/226874050052128","repostId":"2372265815","repostType":2,"repost":{"id":"2372265815","kind":"highlight","pubTimestamp":1696429782,"share":"https://ttm.financial/m/news/2372265815?lang=&edition=fundamental","pubTime":"2023-10-04 22:29","market":"us","language":"en","title":"Tesla Q3 Earnings Anticipation: Tracking Megapack's Progress And Pricing","url":"https://stock-news.laohu8.com/highlight/detail?id=2372265815","media":"seekingalpha","summary":"Tesla, Inc. is set to report Q3 earnings on October 18, 2023.Tesla's historical stock performance reveals four key valuation leaps tied to strategic product launches.Tesla's valuation challenges are b","content":"<html><head></head><body><ul style=\"\"><li><p><a href=\"https://laohu8.com/S/TSLA\">Tesla, Inc.</a> is set to report Q3 earnings on October 18, 2023.</p></li><li><p>Tesla&#39;s historical stock performance reveals four key valuation leaps tied to strategic product launches.</p></li><li><p>Tesla&#39;s valuation challenges are based on total addressable markets.</p></li><li><p>Megapack&#39;s potential in the $42 trillion energy storage market is strong. Tesla&#39;s energy business, particularly its Megapack product, could be the primary driver of future valuation growth.</p></li></ul><h2 id=\"id_2435328335\">Introduction</h2><p>Tesla, Inc. is set to report third-quarter earnings post-market on October 18, 2023. The company&#39;s recently disclosed Q3 delivery figures disappointed some investors, as units grew annually but declined sequentially amid production delays. This lackluster growth contrasts with Chinese peer BYD Company Limited (OTCPK:BYDDF), which showed continued sequential expansion.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4937bfccf39169d4879e6e44605238fe\" alt=\"Investor.com\" title=\"Investor.com\" tg-width=\"640\" tg-height=\"363\"/><span>Investor.com</span></p><p>Despite Tesla maintaining full-year guidance, markets seemed unimpressed as the stock barely moved on the delivery news. With Tesla&#39;s upcoming earnings on the horizon, looking back at its historical stock performance can provide perspective on the current opportunity. Though Q3 deliveries underwhelmed, examining how the stock has previously reacted to results can reframe how investors evaluate Tesla heading into the print.</p><h2 id=\"id_4021943738\">Valuation Debate</h2><p>With a market cap approaching $800 billion, Tesla&#39;s valuation has long sparked debate. Prominent short-seller Jim Chanos, who unsuccessfully targeted Tesla in the past, remains steadfast in his skeptical view. Meanwhile, Morgan Stanley recently reiterated its bullish stand, arguing Tesla&#39;s Dojo supercomputer could transform it from an automaker into a software powerhouse as autonomous driving advances. These competing views highlight differing perspectives on Tesla&#39;s future. Bears believe the stock price far exceeds reasonable valuations for a car company. But new bulls see an upside if Tesla evolves beyond hardware into a leader in software and AI. At nearly $800 billion, Tesla provides fodder for both sides to make their case around its appropriate valuation.</p><h2 id=\"id_1981226512\">4 Historical Valuation Leaps</h2><p>Looking back reveals four key valuation leaps tied to Tesla&#39;s strategic product launches:</p><p><strong>2013-2016:</strong> $20-$30 billion market cap valued Tesla as a luxury automaker based on high-priced Models S and X targeting the upper market. This positioned Tesla similarly to premium brands like BMW and Mercedes based on its focus on sleek, high-end electric sedans and SUVs during this period.</p><p><strong>2017:</strong> Launching the mass market Model 3 in July 2017 marked a pivotal moment, fueling the first major jump in Tesla&#39;s valuation. By demonstrating its ability to produce an affordable, mid-range electric vehicle, Tesla showed its potential to disrupt the broader auto market through electrification. The Model 3 opened Tesla up to a much wider audience beyond just luxury buyers.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e7c23f851a2487007697796469848e8e\" alt=\"Tesla market cap (Macrotrends)\" title=\"Tesla market cap (Macrotrends)\" tg-width=\"640\" tg-height=\"499\"/><span>Tesla market cap (Macrotrends)</span></p><p><strong>March 2020:</strong> Introducing the mid-size Model Y SUV in early 2020 expanded Tesla&#39;s addressable market, propelling a second steep valuation rise. Adding a more affordable electric SUV enabled Tesla to compete in the hugely lucrative crossover segment, the most popular vehicle type in the U.S. market. This moved Tesla beyond just cars into the leading product category. The Model Y helped push Tesla&#39;s valuation to around $400 billion, surpassing the market cap of industry leader Toyota (TM), which was around $200 billion.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2c9677932cb6843b662b1b89b153cc50\" alt=\"Tesla market cap (Macrotrend)\" title=\"Tesla market cap (Macrotrend)\" tg-width=\"640\" tg-height=\"496\"/><span>Tesla market cap (Macrotrend)</span></p><p><strong>Sep 2020:</strong> The third major surge in Tesla&#39;s valuation began in September 2020, as the company introduced its Full Self-Driving (&#34;FSD&#34;) beta test program and detailed plans for a robotaxi network. Bullish analysts like Morgan Stanley&#39;s Adam Jonas propelled the stock higher by valuing Tesla&#39;s software and services business, including the potential for an autonomous ridesharing platform, at nearly the same level as its automotive operations. This pushed Tesla&#39;s market cap from around $400 billion up to $800 billion by late 2020. The prospect of Tesla evolving into a leader in autonomous taxi services, powered by AI and software, led many investors to significantly expand the company&#39;s total addressable market and opportunity beyond just electric vehicles.</p><p>Our analysis below revealed that despite the FSD efforts&#39; modest success, they would not be able to maintain their $400 billion valuation boost.</p><p>Tesla disclosed that 400,000 owners in the United States and Canada now have access to the FSD beta, representing high penetration among existing owners given Tesla has sold over 1.9 million vehicles globally. With around 400,000 customers in North America alone on the autonomous platform, Tesla has reached material scale in its installed base of FSD users. For context, Uber (UBER) had a market cap of $60-$100 billion at the time based on its ridesharing network. Tesla&#39;s base of FSD beta users highlights the company&#39;s leadership in autonomous driving technology among consumer vehicles.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/40f799065d0965754b1ca91e3c2d36ad\" alt=\"Uber market cap (Macrotrends)\" title=\"Uber market cap (Macrotrends)\" tg-width=\"640\" tg-height=\"543\"/><span>Uber market cap (Macrotrends)</span></p><p>However, gaps remain in justifying Tesla&#39;s valuation based on its total addressable markets.</p><p><strong>2021:</strong> Another surge occurred in August 2021 after the announcement of a 100,000-vehicle order from Hertz (HTZ). But the global rental car market is only around $100 billion, far below the over $1 trillion valuation Tesla reached. Even combining rental cars and the $200 billion heavy truck market, the combined total addressable market, or TAM, is dwarfed by Tesla&#39;s peak $1 trillion valuation.</p><p>This helps explain Tesla&#39;s 50%+ pullback from over $1 trillion to around $400 billion, as the upside from autonomous driving, rental cars, trucks, etc. could not sustain such an elevated valuation. The upper limit of Tesla&#39;s immediately addressable markets remains well below its recent valuation highs.</p><h2 id=\"id_907007327\">Energy Business Potential</h2><p>In our previous article, we discussed how Tesla&#39;s energy business, specifically its Megapack product, could be the primary driver of future valuation growth.</p><blockquote><p>According to the International Energy Agency (IEA) 2019 World Energy Balances, the global primary energy supply is 165 PWh/ year, and total fossil fuel supply is 134PWh/year. 37% (61PWh) is consumed before making it to the end consumer. This includes the fossil fuel industries&#39; self-consumption during extraction/refining, and transformation losses during electricity generation. Another 27% (44PWh) is lost by inefficient end-uses such as internal combustion engine vehicles and natural gas furnaces. In total, only 36% (59PWh) of the primary energy supply produces useful work or heat for the economy. Analysis from Lawrence Livermore National Lab shows similar levels of inefficiency for the global and US energy supply2,3.</p></blockquote><p>Our $4.2 trillion total addressable market estimate for Tesla Energy is based on simple assumptions around global energy storage needs. According to Tesla, the global energy market is 165,000 terawatt-hours (TWh) per year. If we assume only 5% of this capacity will need storage long-term, that equates to 8,250 TWh of storage required.</p><p>Tesla&#39;s Megapacks have a capacity of 3.9 megawatt-hours (MWh). So to store 8,250 TWh would require around 2.1 million Megapacks at $2 million each - resulting in a $4.2 trillion market opportunity. With the massive $42 trillion addressable market for energy storage, this segment offers far more upside potential than Tesla&#39;s car business or even full self-driving capabilities.</p><h2 id=\"id_2444217762\">Huawei&#39;s Insight: The projected energy storage needs for data centers</h2><p>While the 5% energy storage assumption is subjective, the math illustrates the sheer magnitude of storage investments needed to support grid reliability and renewables growth. Energy storage may potentially be in higher demand, for example, in data centers as AI develops.</p><p>According to Huawei&#39;s report, energy storage is becoming essential for data centers to reduce costs through peak shaving and valley filling. Electricity is 60-70% of data center operating costs, so facilities utilize storage to arbitrage cheaper off-peak power.</p><p>Operators are also connecting edge data centers to provide low latency, localized computing at the network edge. Per Huawei, over 10,000 mobile edge computing nodes will be deployed by 2030. This brings content closer to users, reduces latency, and enables localized data processing.</p><p>Additionally, clean energy usage will rise as data centers target 100% green power by 2030. Wind, solar and other renewables will displace fossil fuels.</p><h2 id=\"id_2618813558\">Megapack&#39;s Recent Progress</h2><p>As the Megapack is key to realizing the energy storage opportunity, we wanted to check in on recent progress as a potential indicator ahead of Tesla&#39;s Q3 earnings. We uncovered data points around Megapack pricing and delivery timelines that are worth monitoring as possible signs of slowing demand, though they could alternatively reflect supply ramping up.</p><p>On August 18, 2023, Electrek reported the earliest Megapack delivery date available on Tesla&#39;s website was Q2 2025, with pricing set at $12 million for a 5-megapack system. When we checked the website on October 2, 2023, the earliest delivery date had moved up to Q3 2024, while pricing had dropped to $10 million.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0f52f39be203dea525528762bda2146d\" alt=\"Tesla, Electrek\" title=\"Tesla, Electrek\" tg-width=\"640\" tg-height=\"653\"/><span>Tesla, Electrek</span></p><p>Lower pricing and faster delivery could point to weaker demand. However, Tesla has a history of cutting prices as production scales, so this could also stem from the manufacturing ramp allowing cost reductions and shorter lead times.</p><p>In Tesla&#39;s Q2 shareholder letter, the company noted its dedicated Megapack factory in Lathrop, CA had successfully scaled production, though still with room to reach full capacity. Energy storage deployments grew 222% annually but did see some sequential slowing &#34;due to project timing.&#34;</p><blockquote><p>Energy storage deployments increased by 222% YoY in Q2 to 3.7 GWh, another strong quarter due to the ongoing ramp of our first dedicated Megapack factory (Megafactory) in Lathrop, CA. The ramp of this 40 GWh Megafactory – the first of many - has been successful with still more room to reach full capacity. While the energy storage deployment rate can be volatile due to project timing, the production rate improved further sequentially in Q2.</p></blockquote><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5074cfdcad1ba17c1cc33f7d6140c66b\" alt=\"TSLA\" title=\"TSLA\" tg-width=\"640\" tg-height=\"352\"/><span>TSLA</span></p><p>This ramp-up seemed to support the case that accelerated delivery timelines and lower costs reflect expanding supply rather than weakening demand. And in June and July 2023, Tesla continued landing major Megapack orders like a $500 million Belgium project and $413 million deal in Massachusetts.</p><h2 id=\"id_1984286967\">Conclusion</h2><p>As Tesla gets set to report Q3 results, progress on the Megapack rollout remains an important catalyst for investors to watch. Strong continued growth in deployments and orders would reinforce Tesla&#39;s long-term energy storage upside. But any signs of slowing traction could raise concerns about realizing its immense potential in this critical market. We will be closely monitoring energy segment metrics this earnings season for the latest Megapack demand signals. We keep our buy rating.</p><p>Editor&#39;s Note: This article discusses one or more securities that do not trade on a major U.S. exchange. Please be aware of the risks associated with these stocks.</p></body></html>","source":"seekingalpha","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 Q3 Earnings Anticipation: Tracking Megapack's Progress And Pricing</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 Q3 Earnings Anticipation: Tracking Megapack's Progress And Pricing\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-10-04 22:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4638732-tesla-q3-earnings-anticipation-tracking-megapacks-progress-and-pricing><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla, Inc. is set to report Q3 earnings on October 18, 2023.Tesla's historical stock performance reveals four key valuation leaps tied to strategic product launches.Tesla's valuation challenges are ...</p>\n\n<a href=\"https://seekingalpha.com/article/4638732-tesla-q3-earnings-anticipation-tracking-megapacks-progress-and-pricing\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://seekingalpha.com/article/4638732-tesla-q3-earnings-anticipation-tracking-megapacks-progress-and-pricing","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2372265815","content_text":"Tesla, Inc. is set to report Q3 earnings on October 18, 2023.Tesla's historical stock performance reveals four key valuation leaps tied to strategic product launches.Tesla's valuation challenges are based on total addressable markets.Megapack's potential in the $42 trillion energy storage market is strong. Tesla's energy business, particularly its Megapack product, could be the primary driver of future valuation growth.IntroductionTesla, Inc. is set to report third-quarter earnings post-market on October 18, 2023. The company's recently disclosed Q3 delivery figures disappointed some investors, as units grew annually but declined sequentially amid production delays. This lackluster growth contrasts with Chinese peer BYD Company Limited (OTCPK:BYDDF), which showed continued sequential expansion.Investor.comDespite Tesla maintaining full-year guidance, markets seemed unimpressed as the stock barely moved on the delivery news. With Tesla's upcoming earnings on the horizon, looking back at its historical stock performance can provide perspective on the current opportunity. Though Q3 deliveries underwhelmed, examining how the stock has previously reacted to results can reframe how investors evaluate Tesla heading into the print.Valuation DebateWith a market cap approaching $800 billion, Tesla's valuation has long sparked debate. Prominent short-seller Jim Chanos, who unsuccessfully targeted Tesla in the past, remains steadfast in his skeptical view. Meanwhile, Morgan Stanley recently reiterated its bullish stand, arguing Tesla's Dojo supercomputer could transform it from an automaker into a software powerhouse as autonomous driving advances. These competing views highlight differing perspectives on Tesla's future. Bears believe the stock price far exceeds reasonable valuations for a car company. But new bulls see an upside if Tesla evolves beyond hardware into a leader in software and AI. At nearly $800 billion, Tesla provides fodder for both sides to make their case around its appropriate valuation.4 Historical Valuation LeapsLooking back reveals four key valuation leaps tied to Tesla's strategic product launches:2013-2016: $20-$30 billion market cap valued Tesla as a luxury automaker based on high-priced Models S and X targeting the upper market. This positioned Tesla similarly to premium brands like BMW and Mercedes based on its focus on sleek, high-end electric sedans and SUVs during this period.2017: Launching the mass market Model 3 in July 2017 marked a pivotal moment, fueling the first major jump in Tesla's valuation. By demonstrating its ability to produce an affordable, mid-range electric vehicle, Tesla showed its potential to disrupt the broader auto market through electrification. The Model 3 opened Tesla up to a much wider audience beyond just luxury buyers.Tesla market cap (Macrotrends)March 2020: Introducing the mid-size Model Y SUV in early 2020 expanded Tesla's addressable market, propelling a second steep valuation rise. Adding a more affordable electric SUV enabled Tesla to compete in the hugely lucrative crossover segment, the most popular vehicle type in the U.S. market. This moved Tesla beyond just cars into the leading product category. The Model Y helped push Tesla's valuation to around $400 billion, surpassing the market cap of industry leader Toyota (TM), which was around $200 billion.Tesla market cap (Macrotrend)Sep 2020: The third major surge in Tesla's valuation began in September 2020, as the company introduced its Full Self-Driving (\"FSD\") beta test program and detailed plans for a robotaxi network. Bullish analysts like Morgan Stanley's Adam Jonas propelled the stock higher by valuing Tesla's software and services business, including the potential for an autonomous ridesharing platform, at nearly the same level as its automotive operations. This pushed Tesla's market cap from around $400 billion up to $800 billion by late 2020. The prospect of Tesla evolving into a leader in autonomous taxi services, powered by AI and software, led many investors to significantly expand the company's total addressable market and opportunity beyond just electric vehicles.Our analysis below revealed that despite the FSD efforts' modest success, they would not be able to maintain their $400 billion valuation boost.Tesla disclosed that 400,000 owners in the United States and Canada now have access to the FSD beta, representing high penetration among existing owners given Tesla has sold over 1.9 million vehicles globally. With around 400,000 customers in North America alone on the autonomous platform, Tesla has reached material scale in its installed base of FSD users. For context, Uber (UBER) had a market cap of $60-$100 billion at the time based on its ridesharing network. Tesla's base of FSD beta users highlights the company's leadership in autonomous driving technology among consumer vehicles.Uber market cap (Macrotrends)However, gaps remain in justifying Tesla's valuation based on its total addressable markets.2021: Another surge occurred in August 2021 after the announcement of a 100,000-vehicle order from Hertz (HTZ). But the global rental car market is only around $100 billion, far below the over $1 trillion valuation Tesla reached. Even combining rental cars and the $200 billion heavy truck market, the combined total addressable market, or TAM, is dwarfed by Tesla's peak $1 trillion valuation.This helps explain Tesla's 50%+ pullback from over $1 trillion to around $400 billion, as the upside from autonomous driving, rental cars, trucks, etc. could not sustain such an elevated valuation. The upper limit of Tesla's immediately addressable markets remains well below its recent valuation highs.Energy Business PotentialIn our previous article, we discussed how Tesla's energy business, specifically its Megapack product, could be the primary driver of future valuation growth.According to the International Energy Agency (IEA) 2019 World Energy Balances, the global primary energy supply is 165 PWh/ year, and total fossil fuel supply is 134PWh/year. 37% (61PWh) is consumed before making it to the end consumer. This includes the fossil fuel industries' self-consumption during extraction/refining, and transformation losses during electricity generation. Another 27% (44PWh) is lost by inefficient end-uses such as internal combustion engine vehicles and natural gas furnaces. In total, only 36% (59PWh) of the primary energy supply produces useful work or heat for the economy. Analysis from Lawrence Livermore National Lab shows similar levels of inefficiency for the global and US energy supply2,3.Our $4.2 trillion total addressable market estimate for Tesla Energy is based on simple assumptions around global energy storage needs. According to Tesla, the global energy market is 165,000 terawatt-hours (TWh) per year. If we assume only 5% of this capacity will need storage long-term, that equates to 8,250 TWh of storage required.Tesla's Megapacks have a capacity of 3.9 megawatt-hours (MWh). So to store 8,250 TWh would require around 2.1 million Megapacks at $2 million each - resulting in a $4.2 trillion market opportunity. With the massive $42 trillion addressable market for energy storage, this segment offers far more upside potential than Tesla's car business or even full self-driving capabilities.Huawei's Insight: The projected energy storage needs for data centersWhile the 5% energy storage assumption is subjective, the math illustrates the sheer magnitude of storage investments needed to support grid reliability and renewables growth. Energy storage may potentially be in higher demand, for example, in data centers as AI develops.According to Huawei's report, energy storage is becoming essential for data centers to reduce costs through peak shaving and valley filling. Electricity is 60-70% of data center operating costs, so facilities utilize storage to arbitrage cheaper off-peak power.Operators are also connecting edge data centers to provide low latency, localized computing at the network edge. Per Huawei, over 10,000 mobile edge computing nodes will be deployed by 2030. This brings content closer to users, reduces latency, and enables localized data processing.Additionally, clean energy usage will rise as data centers target 100% green power by 2030. Wind, solar and other renewables will displace fossil fuels.Megapack's Recent ProgressAs the Megapack is key to realizing the energy storage opportunity, we wanted to check in on recent progress as a potential indicator ahead of Tesla's Q3 earnings. We uncovered data points around Megapack pricing and delivery timelines that are worth monitoring as possible signs of slowing demand, though they could alternatively reflect supply ramping up.On August 18, 2023, Electrek reported the earliest Megapack delivery date available on Tesla's website was Q2 2025, with pricing set at $12 million for a 5-megapack system. When we checked the website on October 2, 2023, the earliest delivery date had moved up to Q3 2024, while pricing had dropped to $10 million.Tesla, ElectrekLower pricing and faster delivery could point to weaker demand. However, Tesla has a history of cutting prices as production scales, so this could also stem from the manufacturing ramp allowing cost reductions and shorter lead times.In Tesla's Q2 shareholder letter, the company noted its dedicated Megapack factory in Lathrop, CA had successfully scaled production, though still with room to reach full capacity. Energy storage deployments grew 222% annually but did see some sequential slowing \"due to project timing.\"Energy storage deployments increased by 222% YoY in Q2 to 3.7 GWh, another strong quarter due to the ongoing ramp of our first dedicated Megapack factory (Megafactory) in Lathrop, CA. The ramp of this 40 GWh Megafactory – the first of many - has been successful with still more room to reach full capacity. While the energy storage deployment rate can be volatile due to project timing, the production rate improved further sequentially in Q2.TSLAThis ramp-up seemed to support the case that accelerated delivery timelines and lower costs reflect expanding supply rather than weakening demand. And in June and July 2023, Tesla continued landing major Megapack orders like a $500 million Belgium project and $413 million deal in Massachusetts.ConclusionAs Tesla gets set to report Q3 results, progress on the Megapack rollout remains an important catalyst for investors to watch. Strong continued growth in deployments and orders would reinforce Tesla's long-term energy storage upside. But any signs of slowing traction could raise concerns about realizing its immense potential in this critical market. We will be closely monitoring energy segment metrics this earnings season for the latest Megapack demand signals. We keep our buy rating.Editor's Note: This article discusses one or more securities that do not trade on a major U.S. exchange. Please be aware of the risks associated with these stocks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":139,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943795918,"gmtCreate":1679688798435,"gmtModify":1679688801868,"author":{"id":"4142566750937672","authorId":"4142566750937672","name":"Khadijah","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4142566750937672","authorIdStr":"4142566750937672"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$&nbsp;</a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$&nbsp;</a><v-v data-views=\"1\"></v-v>","text":"$Tesla Motors(TSLA)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9943795918","isVote":1,"tweetType":1,"viewCount":94,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9941305890,"gmtCreate":1679949420510,"gmtModify":1679949424314,"author":{"id":"4142566750937672","authorId":"4142566750937672","name":"Khadijah","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4142566750937672","authorIdStr":"4142566750937672"},"themes":[],"htmlText":"Yes&nbsp;","listText":"Yes&nbsp;","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941305890","repostId":"1135908022","repostType":4,"repost":{"id":"1135908022","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":1679927476,"share":"https://ttm.financial/m/news/1135908022?lang=&edition=fundamental","pubTime":"2023-03-27 22:31","market":"us","language":"en","title":"Hot Chinese ADRs Dropped in Morning Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1135908022","media":"Tiger Newspress","summary":"Hot Chinese ADRs fell in morning trading.iQiyi, Pinduoduo, Baidu fell over 3%; JD.com fell 2%; Aliba","content":"<html><head></head><body><p>Hot Chinese ADRs fell in morning trading.</p><p>iQiyi, Pinduoduo, Baidu fell over 3%; JD.com fell 2%; Alibaba, NetEase and Nio fell over 1%.<img src=\"https://static.tigerbbs.com/3ce32c3a2912d91fd3e6581749f0c465\" tg-width=\"442\" tg-height=\"646\" 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>Hot Chinese ADRs Dropped 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\">\nHot Chinese ADRs Dropped 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\">2023-03-27 22:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Hot Chinese ADRs fell in morning trading.</p><p>iQiyi, Pinduoduo, Baidu fell over 3%; JD.com fell 2%; Alibaba, NetEase and Nio fell over 1%.<img src=\"https://static.tigerbbs.com/3ce32c3a2912d91fd3e6581749f0c465\" tg-width=\"442\" tg-height=\"646\" referrerpolicy=\"no-referrer\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JD":"京东","PDD":"拼多多","BABA":"阿里巴巴","IQ":"爱奇艺","BIDU":"百度","NTES":"网易"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135908022","content_text":"Hot Chinese ADRs fell in morning trading.iQiyi, Pinduoduo, Baidu fell over 3%; JD.com fell 2%; Alibaba, NetEase and Nio fell over 1%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":306,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943723844,"gmtCreate":1679735296488,"gmtModify":1679735301301,"author":{"id":"4142566750937672","authorId":"4142566750937672","name":"Khadijah","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4142566750937672","authorIdStr":"4142566750937672"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/META\">$Meta Platforms, Inc.(META)$ &nbsp;</a>","listText":"<a href=\"https://ttm.financial/S/META\">$Meta Platforms, Inc.(META)$ &nbsp;</a>","text":"$Meta Platforms, Inc.(META)$","images":[{"img":"https://community-static.tradeup.com/news/a0c18b11be46cf5cd7d72e7ca7e8aba1","width":"1080","height":"2182"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9943723844","isVote":1,"tweetType":1,"viewCount":118,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9943794786,"gmtCreate":1679695688746,"gmtModify":1679695691992,"author":{"id":"4142566750937672","authorId":"4142566750937672","name":"Khadijah","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4142566750937672","authorIdStr":"4142566750937672"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/META\">$Meta Platforms, Inc.(META)$&nbsp;</a>","listText":"<a href=\"https://ttm.financial/S/META\">$Meta Platforms, Inc.(META)$&nbsp;</a>","text":"$Meta Platforms, Inc.(META)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9943794786","isVote":1,"tweetType":1,"viewCount":165,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943791401,"gmtCreate":1679680123403,"gmtModify":1679680128369,"author":{"id":"4142566750937672","authorId":"4142566750937672","name":"Khadijah","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4142566750937672","authorIdStr":"4142566750937672"},"themes":[],"htmlText":"Tesla And apple&nbsp;","listText":"Tesla And apple&nbsp;","text":"Tesla And apple","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943791401","repostId":"2321397379","repostType":4,"repost":{"id":"2321397379","kind":"highlight","pubTimestamp":1679644896,"share":"https://ttm.financial/m/news/2321397379?lang=&edition=fundamental","pubTime":"2023-03-24 16:01","market":"us","language":"en","title":"2 Stocks That Could Join Apple and Microsoft in the $2 Trillion Club","url":"https://stock-news.laohu8.com/highlight/detail?id=2321397379","media":"Motley Fool","summary":"Technologies of the future could drive two companies into the most exclusive club in the stock market.","content":"<html><head></head><body><p>Over the past two centuries, there has been a constant changing of the guard among the world&#39;s most valuable companies. In 1901, steel was the key driver of value in the stock market, with <b>United States Steel </b>becoming the first-ever company to surpass a $1 billion valuation.</p><p>But by the end of the century, in 1995, <b>General Electric</b> had formed a dominant conglomerate that amassed a market capitalization of $100 billion. It was the first company to achieve that milestone, and it got there by operating in areas like energy, aviation, white goods, and financial services.</p><p>Technology is the leading stock market force today, and the numbers have never been larger. After becoming the first company to ever reach a $1 trillion valuation in 2018, <b>Apple</b> is now worth $2.5 trillion. And it&#39;s joined in that exclusive club by just one other company -- its tech sector rival, <b>Microsoft</b>, which is worth a shade over $2 trillion.</p><p>But a very small list of high-quality companies might have the potential to join them. I&#39;m going to share two of those candidates; one is relatively close already, while the other could deliver monster gains for investors if it gets there.</p><h2>1. Alphabet (Google)</h2><p><b>Alphabet</b> is the parent company of prominent technology brands like Google and YouTube, which are responsible for driving the organization to a $1.3 trillion valuation as of this writing.</p><p>Google owns the world&#39;s leading internet search engine, and it&#39;s also home to one of the largest cloud-services providers, Google Cloud. But its next frontier is artificial intelligence (AI), which could completely transform both of those industries in the long term, and it&#39;s the primary reason I think Alphabet could soon join Apple and Microsoft with a $2 trillion valuation.</p><p>Right now, Google Search serves up links to relevant websites or applications based on the terms a user inputs. But AI-powered chatbots could become the dominant method for seeking information online, and on March 21, Google rolled out a beta version of its Bard platform to users across America and the United Kingdom. It&#39;s expected to compete with OpenAI&#39;s ChatGPT, which wowed the tech world this year with its ability to deliver detailed answers to complex questions across a broad spectrum of topics.</p><p>Microsoft now owns a substantial stake in OpenAI, and it has already integrated ChatGPT into its Bing search engine, which has concerned Alphabet investors. However, Google has a 93% market share in the search industry compared to Bing&#39;s 3%, so it retains a substantial advantage. But how big could the AI opportunity be?</p><p>According to one estimate by Cathie Wood&#39;s Ark Investment Management, generative AI models (like Bard and ChatGPT) could be responsible for $14 trillion in revenue by 2030; considering Google Search brought in $162 billion in 2022, that&#39;s a massive opportunity to grow into. Such models could also add $200 trillion to global economic output by improving worker productivity thanks to the ability of AI to write computer code, for example.</p><p>Plus, Google could capture more of that market through its cloud services, where it already offers business customers access to advanced AI and machine-learning tools to supercharge their operations. Ultimately, AI is Alphabet&#39;s greatest opportunity perhaps in the company&#39;s history, and it&#39;s well positioned to take a leadership role, which would create substantial value for investors.</p><h2>2. Tesla</h2><p>Like Google, <b>Tesla</b> also operates in a league of its own despite growing competition. It&#39;s the world&#39;s largest producer of electric vehicles (EVs), and since the company is valued at $614 billion as of this writing, its stock could deliver a whopping 225% gain for investors if it does reach the $2 trillion mark.</p><p>Last year, Tesla delivered 1.3 million cars to its customers, and it could produce as many as 1.8 million in 2023. Thanks to its two brand new gigafactories in Berlin and Texas, the company&#39;s annual production capacity is set to ramp up to about 2 million vehicles. But it certainly won&#39;t stop there. Tesla just announced plans to build a new facility in Mexico, and by 2030, CEO Elon Musk believes the company could be operating as many as 12 factories producing 20 million cars per year.</p><p>Tesla&#39;s U.S. market share in the electric vehicle industry is roughly 65%, and while that&#39;s slowly declining as more competition comes online, the size of the opportunity continues to soar. Ark Investment Management predicts global electric vehicle sales could grow from 7.8 million units in 2022 to 60 million as soon as 2027, driven by cost declines as the technology becomes more accessible. Tesla could end up with a smaller piece of a substantially larger pie over time.</p><p>But that&#39;s not all. Tesla is also a powerful force in artificial intelligence through its autonomous self-driving software. It&#39;s not only a value-add to its existing fleet of consumer-owned vehicles, but it also paves the way for the company to own significant market share in the autonomous robotaxi industry. While that&#39;s still in its infancy (to say the least), Tesla intends to release its first model in 2024, and the industry could present a $14 trillion opportunity over the next four years, according to Ark Invest.</p><p>Wall Street analysts expect Tesla to pull in $103 billion in revenue in 2023. That would be a 51-fold increase from the $2 billion it generated a decade ago, in 2013. Considering the substantial opportunities the company faces over the next five-to-10 years, membership in the $2 trillion club is certainly in the cards.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>2 Stocks That Could Join Apple and Microsoft in the $2 Trillion Club</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n2 Stocks That Could Join Apple and Microsoft in the $2 Trillion Club\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-24 16:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/03/23/stocks-join-apple-microsoft-in-2-trillion-club/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Over the past two centuries, there has been a constant changing of the guard among the world's most valuable companies. In 1901, steel was the key driver of value in the stock market, with United ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/03/23/stocks-join-apple-microsoft-in-2-trillion-club/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","LU1691799644.USD":"Amundi Funds Polen Capital Global Growth A2 (C) USD","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","LU1046421795.USD":"富达环球科技A-ACC","LU0444971666.USD":"天利全球科技基金","LU0276348264.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN\"AUP\" (USD) INC","SGXZ31699556.SGD":"UGDP UNITED GLOBAL QUALITY GROWTH \"C\" (SGDHDG) ACC","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","LU0957791311.USD":"THREADNEEDLE (LUX) GLOBAL FOCUS \"ZU\" (USD) ACC","LU0354030438.USD":"富国美国大盘成长基金Cl A Acc","BK4099":"汽车制造商","IE00BJTD4N35.SGD":"Neuberger Berman US Long Short Equity A1  Acc SGD-H","GOOGL":"谷歌A","SG9999014880.SGD":"大华全球优质成长基金Acc SGD","LU1201861249.SGD":"Natixis Harris Associates US Equity PA SGD-H","SG9999017495.SGD":"UGDP UNITED GLOBAL QUALITY GROWTH \"B\" (SGD) ACC","IE00BLSP4239.USD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis USD Plus","IE00BLSP4452.SGD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis SGD-H Plus","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","BK4528":"SaaS概念","LU0238689110.USD":"贝莱德环球动力股票基金","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU0456855351.SGD":"JPMorgan Funds - Global Equity A (acc) SGD","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","LU0082616367.USD":"摩根大通美国科技A（dist）","LU0056508442.USD":"贝莱德世界科技基金A2","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","BK4567":"ESG概念","BK4585":"ETF&股票定投概念","LU0080751232.USD":"富达环球多元动力基金A","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","LU0158827948.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"A\" (USD) INC","LU0061474960.USD":"天利环球焦点基金AU Acc","LU2237443622.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc USD","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","BK4566":"资本集团","LU2237443978.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc SGD-H","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","BK4577":"网络游戏","LU0353189763.USD":"ALLSPRING  US ALL CAP GROWTH FUND \"I\" (USD) ACC","GOOG":"谷歌","LU1066051498.USD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (USD) INC","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","SG9999018857.SGD":"United Global Quality Growth Fd Cl Acc SGD-H"},"source_url":"https://www.fool.com/investing/2023/03/23/stocks-join-apple-microsoft-in-2-trillion-club/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2321397379","content_text":"Over the past two centuries, there has been a constant changing of the guard among the world's most valuable companies. In 1901, steel was the key driver of value in the stock market, with United States Steel becoming the first-ever company to surpass a $1 billion valuation.But by the end of the century, in 1995, General Electric had formed a dominant conglomerate that amassed a market capitalization of $100 billion. It was the first company to achieve that milestone, and it got there by operating in areas like energy, aviation, white goods, and financial services.Technology is the leading stock market force today, and the numbers have never been larger. After becoming the first company to ever reach a $1 trillion valuation in 2018, Apple is now worth $2.5 trillion. And it's joined in that exclusive club by just one other company -- its tech sector rival, Microsoft, which is worth a shade over $2 trillion.But a very small list of high-quality companies might have the potential to join them. I'm going to share two of those candidates; one is relatively close already, while the other could deliver monster gains for investors if it gets there.1. Alphabet (Google)Alphabet is the parent company of prominent technology brands like Google and YouTube, which are responsible for driving the organization to a $1.3 trillion valuation as of this writing.Google owns the world's leading internet search engine, and it's also home to one of the largest cloud-services providers, Google Cloud. But its next frontier is artificial intelligence (AI), which could completely transform both of those industries in the long term, and it's the primary reason I think Alphabet could soon join Apple and Microsoft with a $2 trillion valuation.Right now, Google Search serves up links to relevant websites or applications based on the terms a user inputs. But AI-powered chatbots could become the dominant method for seeking information online, and on March 21, Google rolled out a beta version of its Bard platform to users across America and the United Kingdom. It's expected to compete with OpenAI's ChatGPT, which wowed the tech world this year with its ability to deliver detailed answers to complex questions across a broad spectrum of topics.Microsoft now owns a substantial stake in OpenAI, and it has already integrated ChatGPT into its Bing search engine, which has concerned Alphabet investors. However, Google has a 93% market share in the search industry compared to Bing's 3%, so it retains a substantial advantage. But how big could the AI opportunity be?According to one estimate by Cathie Wood's Ark Investment Management, generative AI models (like Bard and ChatGPT) could be responsible for $14 trillion in revenue by 2030; considering Google Search brought in $162 billion in 2022, that's a massive opportunity to grow into. Such models could also add $200 trillion to global economic output by improving worker productivity thanks to the ability of AI to write computer code, for example.Plus, Google could capture more of that market through its cloud services, where it already offers business customers access to advanced AI and machine-learning tools to supercharge their operations. Ultimately, AI is Alphabet's greatest opportunity perhaps in the company's history, and it's well positioned to take a leadership role, which would create substantial value for investors.2. TeslaLike Google, Tesla also operates in a league of its own despite growing competition. It's the world's largest producer of electric vehicles (EVs), and since the company is valued at $614 billion as of this writing, its stock could deliver a whopping 225% gain for investors if it does reach the $2 trillion mark.Last year, Tesla delivered 1.3 million cars to its customers, and it could produce as many as 1.8 million in 2023. Thanks to its two brand new gigafactories in Berlin and Texas, the company's annual production capacity is set to ramp up to about 2 million vehicles. But it certainly won't stop there. Tesla just announced plans to build a new facility in Mexico, and by 2030, CEO Elon Musk believes the company could be operating as many as 12 factories producing 20 million cars per year.Tesla's U.S. market share in the electric vehicle industry is roughly 65%, and while that's slowly declining as more competition comes online, the size of the opportunity continues to soar. Ark Investment Management predicts global electric vehicle sales could grow from 7.8 million units in 2022 to 60 million as soon as 2027, driven by cost declines as the technology becomes more accessible. Tesla could end up with a smaller piece of a substantially larger pie over time.But that's not all. Tesla is also a powerful force in artificial intelligence through its autonomous self-driving software. It's not only a value-add to its existing fleet of consumer-owned vehicles, but it also paves the way for the company to own significant market share in the autonomous robotaxi industry. While that's still in its infancy (to say the least), Tesla intends to release its first model in 2024, and the industry could present a $14 trillion opportunity over the next four years, according to Ark Invest.Wall Street analysts expect Tesla to pull in $103 billion in revenue in 2023. That would be a 51-fold increase from the $2 billion it generated a decade ago, in 2013. Considering the substantial opportunities the company faces over the next five-to-10 years, membership in the $2 trillion club is certainly in the cards.","news_type":1},"isVote":1,"tweetType":1,"viewCount":55,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943226238,"gmtCreate":1679499057925,"gmtModify":1679500741495,"author":{"id":"4142566750937672","authorId":"4142566750937672","name":"Khadijah","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4142566750937672","authorIdStr":"4142566750937672"},"themes":[],"htmlText":"[Miser]&nbsp;","listText":"[Miser]&nbsp;","text":"[Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943226238","repostId":"2321953283","repostType":4,"isVote":1,"tweetType":1,"viewCount":88,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":264012941791280,"gmtCreate":1705462085498,"gmtModify":1705462089611,"author":{"id":"4142566750937672","authorId":"4142566750937672","name":"Khadijah","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4142566750937672","authorIdStr":"4142566750937672"},"themes":[],"htmlText":"Artikel yang bagus, apakah Anda ingin membagikannya?","listText":"Artikel yang bagus, apakah Anda ingin membagikannya?","text":"Artikel yang bagus, apakah Anda ingin membagikannya?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/264012941791280","repostId":"2404829741","repostType":4,"repost":{"id":"2404829741","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":1705457602,"share":"https://ttm.financial/m/news/2404829741?lang=&edition=fundamental","pubTime":"2024-01-17 10:13","market":"sg","language":"en","title":"Singapore's Dec Exports Fall 1.5% Y/Y, Worse Than Forecast","url":"https://stock-news.laohu8.com/highlight/detail?id=2404829741","media":"Reuters","summary":"(Recasts and adds details in paragraphs 3-5)      SINGAPORE, Jan 17 (Reuters) - Singapore's non-oil domestic exports in December fell 1.5% from a year earlier, data showed on Wednesday, as the trade-r","content":"<html><head></head><body><p>SINGAPORE, Jan 17 (Reuters) - Singapore&#39;s non-oil domestic exports in December fell 1.5% from a year earlier, data showed on Wednesday, as the trade-reliant economy grapples with declining demand from its top markets.</p><p>Last month&#39;s drop compared with a 3.3% rise in a Reuters poll, with electronic products exports falling and non-electronic products rising. Exports grew 1.0% in November.</p><p>The decline continued the bearish trend seen in October, when non-oil domestic exports fell for 13 consecutive months.</p><p>On a month-on-month seasonally adjusted basis, non-oil domestic exports declined 2.8% in December, after rising 0.3% in November.</p><p>The biggest decline was shipments to Taiwan, which contracted 33.2% from a year earlier with lower exports of specialised machinery, measuring instruments and petrochemicals.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore's Dec Exports Fall 1.5% Y/Y, Worse Than Forecast</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore's Dec Exports Fall 1.5% Y/Y, Worse Than Forecast\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\">2024-01-17 10:13</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>SINGAPORE, Jan 17 (Reuters) - Singapore&#39;s non-oil domestic exports in December fell 1.5% from a year earlier, data showed on Wednesday, as the trade-reliant economy grapples with declining demand from its top markets.</p><p>Last month&#39;s drop compared with a 3.3% rise in a Reuters poll, with electronic products exports falling and non-electronic products rising. Exports grew 1.0% in November.</p><p>The decline continued the bearish trend seen in October, when non-oil domestic exports fell for 13 consecutive months.</p><p>On a month-on-month seasonally adjusted basis, non-oil domestic exports declined 2.8% in December, after rising 0.3% in November.</p><p>The biggest decline was shipments to Taiwan, which contracted 33.2% from a year earlier with lower exports of specialised machinery, measuring instruments and petrochemicals.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2404829741","content_text":"SINGAPORE, Jan 17 (Reuters) - Singapore's non-oil domestic exports in December fell 1.5% from a year earlier, data showed on Wednesday, as the trade-reliant economy grapples with declining demand from its top markets.Last month's drop compared with a 3.3% rise in a Reuters poll, with electronic products exports falling and non-electronic products rising. Exports grew 1.0% in November.The decline continued the bearish trend seen in October, when non-oil domestic exports fell for 13 consecutive months.On a month-on-month seasonally adjusted basis, non-oil domestic exports declined 2.8% in December, after rising 0.3% in November.The biggest decline was shipments to Taiwan, which contracted 33.2% from a year earlier with lower exports of specialised machinery, measuring instruments and petrochemicals.","news_type":1},"isVote":1,"tweetType":1,"viewCount":154,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}