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Seuna

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0勋章

2021-10-06

Lol

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2021-10-05

Nice

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2021-10-04

Can

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2021-10-03

Nice

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2021-10-02

Lole

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2021-10-01

Ok

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2021-09-30

Nive

Eyewear maker Warby Parker spikes 34% on its first day of trading

2021-09-29

Ok

Tech stocks were just stomped. Here's what to watch next, according to Goldman Sachs.

2021-09-29

Oike

Walmart: Limited Long-Term Returns Under Current Valuations

2021-09-28

Ok

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2021-09-26

Ok

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2021-09-24

Cana one

IPO opening reminder: Clearwater Analytics opens for trading at $23.8, up about 32% from IPO price

2021-09-21

Uwu

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2021-09-20

Like

Nike, Costco, FedEx, Salesforce, and Other Stocks for Investors to Watch This Week

2021-09-17

Yay

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2021-09-16

Lile

DBS Private Bank's AUM for in-house managed products double over year to $10 billion

2021-09-15

Like

U.S. stocks close lower on worries over recovery, corporate tax hikes

2021-09-13

Likey

U.S. stocks open solidly higher Monday following worst weekly decline in about 3 months

2021-09-11

Fome

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2021-09-11

Nice

Apple Charts Big Plans For Apple TV+, Including Taking On Netflix, Disney+ and Amazon Prime

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01:11","market":"us","language":"en","title":"Eyewear maker Warby Parker spikes 34% on its first day of trading","url":"https://stock-news.laohu8.com/highlight/detail?id=2171115602","media":"MarketWatch","summary":"Eyewear maker Warby Parker spikes 34% on its first day of trading.\n\nNYSE assigns reference price of ","content":"<p>Eyewear maker Warby Parker spikes 34% on its first day of trading.</p>\n<p><img src=\"https://static.tigerbbs.com/f145f99950734ec9b0e3b675836a53fb\" tg-width=\"1836\" tg-height=\"901\" referrerpolicy=\"no-referrer\"></p>\n<p>NYSE assigns reference price of $40, trading&nbsp;to begin Wednesday</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5917e3b384716a3bbcfdd5860b35711f\" tg-width=\"700\" tg-height=\"628\" referrerpolicy=\"no-referrer\"><span>Warby Parker is focused on both business and giving back, the prospectus says.</span></p>\n<p><a href=\"https://laohu8.com/S/WRBY\">Warby Parker Inc.</a>, the company known for its affordable eyeglasses sold online, through its app and in stores, is begining trading Wednesday in a direct listing.</p>\n<p>On Tuesday, the New York Stock Exchange assigned a $40 reference price to the New York City-based company's listing, which is expected to begin trading Wednesday under the ticker symbol \"WRBY\" . The company has about 111.5 million shares outstanding, giving it a valuation around $4.6 billion at that reference price.</p>\n<p>Reference prices for direct listings are based on trading prices in private markets ahead of companies filing with the Securities and Exchange Commission for a public listing. Direct listings differ from IPOs because there is no capital raised, which is what places a dollar figure on shares in an IPO. Direct listings are largely expected to trade higher than the reference price.</p>\n<p>Warby Parker will offer class A stock, eligible for one vote per share; class B stock, which entitles shareholders to 10 votes per share and can be converted to class A shares; and class C shares, which carry no voting rights.</p>\n<p>Warby Parker will be an emerging growth company, which means it does not have to make the same disclosures required of bigger public companies. A business remains an emerging growth company until it reaches a number of milestones, including annual revenue of more than $1.07 billion.</p>\n<p>Neil Blumenthal and Dave Gilboa, ages 41 and 40 respectively, are co-founders, co-chairs and co-chief executives of the company.</p>\n<p>Prior to Warby Parker, Blumenthal was a director at VisionSpring, a nonprofit that trains men and women in developing countries to sell affordable eyewear. Blumenthal is also a director at Allbirds, which filed to go public this week, at salad chain Sweetgreen and a number of nonprofit organizations including Warby Parker Impact Foundation and RxArt.</p>\n<p>Gilboa worked at consulting firm Bain &amp; Company and merchant bank Allen &amp; Co. prior to Warby Parker. He also serves on the board of the Warby Parker Impact Foundation.</p>\n<p>Andrew Hunt and Jeffrey Raider, both age 40, are the other two co-founders of Warby Parker and both serve as directors. Also on the board is Ronald Williams, age 71, and former CEO of Aetna from 2006 to 2010.</p>\n<p>Warby Parker was founded in 2010 and inspired by the founders' concerns that glasses were expensive and the process of buying them inconvenient.</p>\n<p>In its prospectus, Warby Parker says it is driven to do good and make customers happy. In addition to making glasses more affordable, Warby Parker has distributed more than 8 million pairs of glasses through the Buy a Pair, Give a Pair program. The company is also carbon neutral, which it has achieved through purchasing offsets.</p>\n<p>\"[This motivation] pushes us to defy convention -- and, at times, to forego short-term profits -- but we believe delivering remarkable customer experiences and making a positive impact on all stakeholders will lead to continued long-term sustainable growth and profitability,\" says a letter from the co-CEOs included in the prospectus.</p>\n<p>A pair of Warby Parker spectacles starts at a price of $95 including prescription lenses, and can be purchased digitally, using a free home try-on system or virtual trial system, as well as at145 Warby Parker shops. The company keeps prices low by selling direct-to-consumer and bypassing middlemen.</p>\n<p>The company had a net loss of $55.9 million in 2020, after breakeven in 2019 and a loss of $22.9 million in 2018. It chalked up $393.7 million of revenue in 2020, up from $370.5 million in 2019.</p>\n<p>Some 95% of net revenue in 2020 came from the sale of glasses, 2% of revenue was generated by the sale of contact lenses, 1% by eye exams and 2% by eyewear accessories. The company is expecting to expand its customer base for eye exams.</p>\n<p>For the six months ending June 30, 2021, net losses were $7.3 million and revenue totaled $270.5 million. The company has more than two million active customers and nearly 3,000 workers.</p>\n<p><img src=\"https://static.tigerbbs.com/3510dd6c717e636f33784d4f89bd9ce3\" tg-width=\"506\" tg-height=\"706\" referrerpolicy=\"no-referrer\"></p>\n<p>About 76% of Americans were using some kind of vision correction in 2020, according to data provided by the prospectus. The number of Americans ages 65 and over will more than double over the next 40 years and at least 84% of people in this older age group wear corrective lenses. Increasing use of screens like mobile devices and computers has contributed to the need for vision correction. Glasses are replaced every two-to-two-and-a-half years.</p>\n<p>Warby Parker says that between 2015 and 2019, it had a 50% sales retention rate within two years of the first purchase among customers it acquired. The retention rate was nearly 100% after four years during that same period.</p>\n<p>The vision care industry is expected to grow at a 9.2% compound annual growth rate (CAGR) between 2020 and 2025, according to Statista data provided in the prospectus.</p>\n<p>Here are five other things to know about Warby Parker before it goes public:</p>\n<p><b>Most decision-making power will be in the hands of Warby Parker's co-founders and co-CEOs</b></p>\n<p>The company's stock structure post-IPO will give the company's founders and top executives considerable control that could last until Oct. 1, 2031.</p>\n<p>\"Because of the ten-to-one voting ratio between our class B and class A common stock, our co-founders and co-CEOs collectively could continue to control a significant percentage of the combined voting power of our common stock and therefore would be able to control all matters submitted to our stockholders for approval until the date of automatic conversion, when all shares outstanding of Class B common stock will convert automatically into shares of Class A common stock,\" the prospectus says.</p>\n<p>That means other shareholders will have little say in the running of the company and will not influence such decisions as the election of directors, amendments of organizational documents, and any merger, consolidation, or sale of some or all of its assets.</p>\n<p>As a loss-making company, it will not pay a dividend for the foreseeable future.</p>\n<p><b>Warby Parker does most things in-house -- and that could limit its ability to grow</b></p>\n<p>Warby Parker says its business model, which has it do most things in-house, could cause problems.</p>\n<p>\"[T]he vertically integrated nature of our business, where we design all of our own glasses in our New York headquarters, contract manufacture all of our glass frames, fulfill the glasses we sell at our own optical and fulfillment laboratories as well as at third-party contract laboratories, sell our products exclusively through our own retail stores, e-commerce site and mobile application, and service our products, exposes us to risk and disruption at many points that are critical to successfully operating our business, and may make it more difficult for us to scale our business,\" the prospectus says.</p>\n<p><b>Supply chain troubles outside of those caused by COVID-19 could arise</b></p>\n<p>Supply chain problems have plagued companies across the consumer space this year. But the company warns that its operations are vulnerable to other challenges as well.</p>\n<p>Warby Parker gets more than half of the cellulose acetate used in its frames from a single supplier. Other components are sourced from the U.S., China, Italy, Vietnam, and Japan. The company also uses third-party contractors on certain items, but doesn't have long-term contracts with these suppliers.</p>\n<p>\"We are therefore subject to the risk of shortages and long lead times in the supply of these components and the risk that our suppliers discontinue or modify components used in our products,\" the prospectus says.</p>\n<p>\"We may in the future experience component shortages, and the predictability of the availability of these components may be limited, which may be heightened in light of the ongoing COVID-19 pandemic.\"</p>\n<p><b>Warby Parker says customers are slow to adopt e-commerce for eyeglasses</b></p>\n<p>Warby Parker offers online shopping for eyeglasses, one of the most significant ways the company differentiates itself from a crowded competitive field. But the company says many customers are more comfortable shopping for eyeglasses in person.</p>\n<p>\"Improving upon the consumer in-store experience through an online platform is difficult due to broad consumer demands on selection, quality, convenience, and affordability,\" the prospectus says.</p>\n<p>When the company first started, less than 2.5% of glasses were purchased online. Even now, the company says it has \"historically generated a significant portion of our revenue from our retail stores, and our growth strategy will depend, in large part, on acquiring customers through the growth of our retail store base and expansion of our existing retail store operations.\"</p>\n<p><b>Warby Parker's business is actually seasonal</b></p>\n<p>Customers eager to use health benefits before the end of a calendar year tend to boost demand in December.</p>\n<p>\"Consistent with our policy to recognize revenue upon order delivery, any orders placed at the end of December are recognized as revenue upon delivery which may occur in the following year,\" Warby Parker said.</p>","source":"lsy1603348471595","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>Eyewear maker Warby Parker spikes 34% on its first day of trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEyewear maker Warby Parker spikes 34% on its first day of trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-30 01:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/warby-parker-ipo-5-things-to-know-about-the-affordable-eyeglass-maker-before-its-direct-listing-11630520146?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Eyewear maker Warby Parker spikes 34% on its first day of trading.\n\nNYSE assigns reference price of $40, trading to begin Wednesday\nWarby Parker is focused on both business and giving back, the ...</p>\n\n<a href=\"https://www.marketwatch.com/story/warby-parker-ipo-5-things-to-know-about-the-affordable-eyeglass-maker-before-its-direct-listing-11630520146?mod=home-page\">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/story/warby-parker-ipo-5-things-to-know-about-the-affordable-eyeglass-maker-before-its-direct-listing-11630520146?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2171115602","content_text":"Eyewear maker Warby Parker spikes 34% on its first day of trading.\n\nNYSE assigns reference price of $40, trading to begin Wednesday\nWarby Parker is focused on both business and giving back, the prospectus says.\nWarby Parker Inc., the company known for its affordable eyeglasses sold online, through its app and in stores, is begining trading Wednesday in a direct listing.\nOn Tuesday, the New York Stock Exchange assigned a $40 reference price to the New York City-based company's listing, which is expected to begin trading Wednesday under the ticker symbol \"WRBY\" . The company has about 111.5 million shares outstanding, giving it a valuation around $4.6 billion at that reference price.\nReference prices for direct listings are based on trading prices in private markets ahead of companies filing with the Securities and Exchange Commission for a public listing. Direct listings differ from IPOs because there is no capital raised, which is what places a dollar figure on shares in an IPO. Direct listings are largely expected to trade higher than the reference price.\nWarby Parker will offer class A stock, eligible for one vote per share; class B stock, which entitles shareholders to 10 votes per share and can be converted to class A shares; and class C shares, which carry no voting rights.\nWarby Parker will be an emerging growth company, which means it does not have to make the same disclosures required of bigger public companies. A business remains an emerging growth company until it reaches a number of milestones, including annual revenue of more than $1.07 billion.\nNeil Blumenthal and Dave Gilboa, ages 41 and 40 respectively, are co-founders, co-chairs and co-chief executives of the company.\nPrior to Warby Parker, Blumenthal was a director at VisionSpring, a nonprofit that trains men and women in developing countries to sell affordable eyewear. Blumenthal is also a director at Allbirds, which filed to go public this week, at salad chain Sweetgreen and a number of nonprofit organizations including Warby Parker Impact Foundation and RxArt.\nGilboa worked at consulting firm Bain & Company and merchant bank Allen & Co. prior to Warby Parker. He also serves on the board of the Warby Parker Impact Foundation.\nAndrew Hunt and Jeffrey Raider, both age 40, are the other two co-founders of Warby Parker and both serve as directors. Also on the board is Ronald Williams, age 71, and former CEO of Aetna from 2006 to 2010.\nWarby Parker was founded in 2010 and inspired by the founders' concerns that glasses were expensive and the process of buying them inconvenient.\nIn its prospectus, Warby Parker says it is driven to do good and make customers happy. In addition to making glasses more affordable, Warby Parker has distributed more than 8 million pairs of glasses through the Buy a Pair, Give a Pair program. The company is also carbon neutral, which it has achieved through purchasing offsets.\n\"[This motivation] pushes us to defy convention -- and, at times, to forego short-term profits -- but we believe delivering remarkable customer experiences and making a positive impact on all stakeholders will lead to continued long-term sustainable growth and profitability,\" says a letter from the co-CEOs included in the prospectus.\nA pair of Warby Parker spectacles starts at a price of $95 including prescription lenses, and can be purchased digitally, using a free home try-on system or virtual trial system, as well as at145 Warby Parker shops. The company keeps prices low by selling direct-to-consumer and bypassing middlemen.\nThe company had a net loss of $55.9 million in 2020, after breakeven in 2019 and a loss of $22.9 million in 2018. It chalked up $393.7 million of revenue in 2020, up from $370.5 million in 2019.\nSome 95% of net revenue in 2020 came from the sale of glasses, 2% of revenue was generated by the sale of contact lenses, 1% by eye exams and 2% by eyewear accessories. The company is expecting to expand its customer base for eye exams.\nFor the six months ending June 30, 2021, net losses were $7.3 million and revenue totaled $270.5 million. The company has more than two million active customers and nearly 3,000 workers.\n\nAbout 76% of Americans were using some kind of vision correction in 2020, according to data provided by the prospectus. The number of Americans ages 65 and over will more than double over the next 40 years and at least 84% of people in this older age group wear corrective lenses. Increasing use of screens like mobile devices and computers has contributed to the need for vision correction. Glasses are replaced every two-to-two-and-a-half years.\nWarby Parker says that between 2015 and 2019, it had a 50% sales retention rate within two years of the first purchase among customers it acquired. The retention rate was nearly 100% after four years during that same period.\nThe vision care industry is expected to grow at a 9.2% compound annual growth rate (CAGR) between 2020 and 2025, according to Statista data provided in the prospectus.\nHere are five other things to know about Warby Parker before it goes public:\nMost decision-making power will be in the hands of Warby Parker's co-founders and co-CEOs\nThe company's stock structure post-IPO will give the company's founders and top executives considerable control that could last until Oct. 1, 2031.\n\"Because of the ten-to-one voting ratio between our class B and class A common stock, our co-founders and co-CEOs collectively could continue to control a significant percentage of the combined voting power of our common stock and therefore would be able to control all matters submitted to our stockholders for approval until the date of automatic conversion, when all shares outstanding of Class B common stock will convert automatically into shares of Class A common stock,\" the prospectus says.\nThat means other shareholders will have little say in the running of the company and will not influence such decisions as the election of directors, amendments of organizational documents, and any merger, consolidation, or sale of some or all of its assets.\nAs a loss-making company, it will not pay a dividend for the foreseeable future.\nWarby Parker does most things in-house -- and that could limit its ability to grow\nWarby Parker says its business model, which has it do most things in-house, could cause problems.\n\"[T]he vertically integrated nature of our business, where we design all of our own glasses in our New York headquarters, contract manufacture all of our glass frames, fulfill the glasses we sell at our own optical and fulfillment laboratories as well as at third-party contract laboratories, sell our products exclusively through our own retail stores, e-commerce site and mobile application, and service our products, exposes us to risk and disruption at many points that are critical to successfully operating our business, and may make it more difficult for us to scale our business,\" the prospectus says.\nSupply chain troubles outside of those caused by COVID-19 could arise\nSupply chain problems have plagued companies across the consumer space this year. But the company warns that its operations are vulnerable to other challenges as well.\nWarby Parker gets more than half of the cellulose acetate used in its frames from a single supplier. Other components are sourced from the U.S., China, Italy, Vietnam, and Japan. The company also uses third-party contractors on certain items, but doesn't have long-term contracts with these suppliers.\n\"We are therefore subject to the risk of shortages and long lead times in the supply of these components and the risk that our suppliers discontinue or modify components used in our products,\" the prospectus says.\n\"We may in the future experience component shortages, and the predictability of the availability of these components may be limited, which may be heightened in light of the ongoing COVID-19 pandemic.\"\nWarby Parker says customers are slow to adopt e-commerce for eyeglasses\nWarby Parker offers online shopping for eyeglasses, one of the most significant ways the company differentiates itself from a crowded competitive field. But the company says many customers are more comfortable shopping for eyeglasses in person.\n\"Improving upon the consumer in-store experience through an online platform is difficult due to broad consumer demands on selection, quality, convenience, and affordability,\" the prospectus says.\nWhen the company first started, less than 2.5% of glasses were purchased online. Even now, the company says it has \"historically generated a significant portion of our revenue from our retail stores, and our growth strategy will depend, in large part, on acquiring customers through the growth of our retail store base and expansion of our existing retail store operations.\"\nWarby Parker's business is actually seasonal\nCustomers eager to use health benefits before the end of a calendar year tend to boost demand in December.\n\"Consistent with our policy to recognize revenue upon order delivery, any orders placed at the end of December are recognized as revenue upon delivery which may occur in the following year,\" Warby Parker said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1201,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":862747451,"gmtCreate":1632919914034,"gmtModify":1632919976573,"author":{"id":"3569227954325701","authorId":"3569227954325701","name":"Seuna","avatar":"https://static.tigerbbs.com/0bfb6c0f011a65d66aae3afb6132a82d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569227954325701","authorIdStr":"3569227954325701"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/862747451","repostId":"2171989792","repostType":4,"repost":{"id":"2171989792","kind":"highlight","pubTimestamp":1632918933,"share":"https://www.laohu8.com/m/news/2171989792?lang=&edition=full","pubTime":"2021-09-29 20:35","market":"us","language":"en","title":"Tech stocks were just stomped. Here's what to watch next, according to Goldman Sachs.","url":"https://stock-news.laohu8.com/highlight/detail?id=2171989792","media":"MarketWatch","summary":"Tech stocks just got pounded as bad as the New York Times restaurant review of Eleven Madison Park. ","content":"<p>Tech stocks just got pounded as bad as the New York Times restaurant review of Eleven Madison Park. (Sample: the beet dish \"tastes like Lemon Pledge and smells like a burning joint.\") The 2.8% downturn for the Nasdaq Composite was the largest <a href=\"https://laohu8.com/S/AONE.U\">one</a>-day percentage drop in six months.</p>\n<p>The sharp rise in interest rates over the last two weeks appears to be the main culprit. According to Goldman Sachs, the 26 basis points rise in the 10-year Treasury yield since Sept. 14 represented a 1.4 standard deviation event, and the 20 basis point rise in the 10-year TIPS yield represents a 1.7 standard deviation event.</p>\n<p><img src=\"https://static.tigerbbs.com/3e4ea8be326537971e62e8118dec0b81\" tg-width=\"700\" tg-height=\"656\" width=\"100%\" height=\"auto\"></p>\n<p>Since 1965, they note, stocks struggle when rates rise by two or more standard deviations. With the long-duration information technology and communication services sector now accounting for 40% of the S&amp;P 500 market cap, the index is even more sensitive to rate shocks.</p>\n<p>Another issue, say strategists led by Ryan Hammond, is that the backdrop for stocks isn't as favorable as when interest rates initially jumped at the beginning of the year. \"That move largely reflected the ongoing improvement in the economic growth outlook following the vaccine announcements in early November. Today, economic growth is decelerating, the FOMC [Federal Open Market Committee] is expected to announce the start of tapering at its November meeting, and our economists have downgraded China's economic growth forecasts,\" say the economists.</p>\n<p>So what to look at now? Focus on the speed of the rate moves more than the level. The 10-year yield would have to rise above 2.3% for relative valuations -- the difference between the earnings yield and the bond yield -- to rank above the long-term average.</p>\n<p><img src=\"https://static.tigerbbs.com/a7e0148a36c4317619a03b61b44f9175\" tg-width=\"700\" tg-height=\"655\" width=\"100%\" height=\"auto\"></p>\n<p>The Goldman strategists also aren't as bullish toward short-duration value stocks as they were earlier in the year. \"We expect the magnitude of outperformance for short-duration value stocks will be more muted in today's environment than in the early 2021 experience, given the less favorable current economic backdrop of decelerating growth,\" they say. Maintain longer-term positions in high-quality secular growth stocks, they add.</p>","source":"lsy1603348471595","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>Tech stocks were just stomped. Here's what to watch next, according to Goldman Sachs.</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\">\nTech stocks were just stomped. Here's what to watch next, according to Goldman Sachs.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-29 20:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/tech-stocks-were-just-stomped-heres-what-to-watch-next-according-to-goldman-sachs-11632912648?mod=hp_LATEST&adobe_mc=MCMID%3D03250748340802259633376614514522268876%7CMCORGID%3DCB68E4BA55144CAA0A4C98A5%2540AdobeOrg%7CTS%3D1632918812><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tech stocks just got pounded as bad as the New York Times restaurant review of Eleven Madison Park. (Sample: the beet dish \"tastes like Lemon Pledge and smells like a burning joint.\") The 2.8% ...</p>\n\n<a href=\"https://www.marketwatch.com/story/tech-stocks-were-just-stomped-heres-what-to-watch-next-according-to-goldman-sachs-11632912648?mod=hp_LATEST&adobe_mc=MCMID%3D03250748340802259633376614514522268876%7CMCORGID%3DCB68E4BA55144CAA0A4C98A5%2540AdobeOrg%7CTS%3D1632918812\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.marketwatch.com/story/tech-stocks-were-just-stomped-heres-what-to-watch-next-according-to-goldman-sachs-11632912648?mod=hp_LATEST&adobe_mc=MCMID%3D03250748340802259633376614514522268876%7CMCORGID%3DCB68E4BA55144CAA0A4C98A5%2540AdobeOrg%7CTS%3D1632918812","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2171989792","content_text":"Tech stocks just got pounded as bad as the New York Times restaurant review of Eleven Madison Park. (Sample: the beet dish \"tastes like Lemon Pledge and smells like a burning joint.\") The 2.8% downturn for the Nasdaq Composite was the largest one-day percentage drop in six months.\nThe sharp rise in interest rates over the last two weeks appears to be the main culprit. According to Goldman Sachs, the 26 basis points rise in the 10-year Treasury yield since Sept. 14 represented a 1.4 standard deviation event, and the 20 basis point rise in the 10-year TIPS yield represents a 1.7 standard deviation event.\n\nSince 1965, they note, stocks struggle when rates rise by two or more standard deviations. With the long-duration information technology and communication services sector now accounting for 40% of the S&P 500 market cap, the index is even more sensitive to rate shocks.\nAnother issue, say strategists led by Ryan Hammond, is that the backdrop for stocks isn't as favorable as when interest rates initially jumped at the beginning of the year. \"That move largely reflected the ongoing improvement in the economic growth outlook following the vaccine announcements in early November. Today, economic growth is decelerating, the FOMC [Federal Open Market Committee] is expected to announce the start of tapering at its November meeting, and our economists have downgraded China's economic growth forecasts,\" say the economists.\nSo what to look at now? Focus on the speed of the rate moves more than the level. The 10-year yield would have to rise above 2.3% for relative valuations -- the difference between the earnings yield and the bond yield -- to rank above the long-term average.\n\nThe Goldman strategists also aren't as bullish toward short-duration value stocks as they were earlier in the year. \"We expect the magnitude of outperformance for short-duration value stocks will be more muted in today's environment than in the early 2021 experience, given the less favorable current economic backdrop of decelerating growth,\" they say. Maintain longer-term positions in high-quality secular growth stocks, they add.","news_type":1},"isVote":1,"tweetType":1,"viewCount":933,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":862747816,"gmtCreate":1632919886161,"gmtModify":1632919967503,"author":{"id":"3569227954325701","authorId":"3569227954325701","name":"Seuna","avatar":"https://static.tigerbbs.com/0bfb6c0f011a65d66aae3afb6132a82d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569227954325701","authorIdStr":"3569227954325701"},"themes":[],"htmlText":"Oike","listText":"Oike","text":"Oike","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/862747816","repostId":"1123110487","repostType":4,"repost":{"id":"1123110487","kind":"news","pubTimestamp":1632919215,"share":"https://www.laohu8.com/m/news/1123110487?lang=&edition=full","pubTime":"2021-09-29 20:40","market":"us","language":"en","title":"Walmart: Limited Long-Term Returns Under Current Valuations","url":"https://stock-news.laohu8.com/highlight/detail?id=1123110487","media":"Seeking Alpha","summary":"Summary\n\nThis article analyzes Walmart from the perspective of its profit sustainability by the most","content":"<p><b>Summary</b></p>\n<ul>\n <li>This article analyzes Walmart from the perspective of its profit sustainability by the most important profit metric: return on capital employed (“ROCE”).</li>\n <li>The results show that WMT has been maintaining a respectable level of profitability with remarkable consistency.</li>\n <li>However, at its current prices, it has reached its full valuation and offers limited long-term returns under these current valuations.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/70e8f2215d5d0d48a96d96b4323231e0\" tg-width=\"1536\" tg-height=\"1024\" width=\"100%\" height=\"auto\"><span>sanfel/iStock Editorial via Getty Images</span></p>\n<p><b>Thesis and Background</b></p>\n<p>This article analyzes Walmart (WMT) from the perspective of its profit sustainability by the most important profit metric: return on capital employed (“ROCE”). Note that ROCE is different from the return on equity (“ROE”) and is more fundamental and important than ROE. Because ROCE considers the return of capital actually employed, and therefore provides critical insight into how effectively the business uses its capital to earn a profit. A consistent and high ROCE is the hallmark of a business with a sustainable moat.</p>\n<p>The results show that WMT has been maintaining a respectable level of profitability with remarkable consistency. However, at its current prices, it has reached its full valuation and offers limited long-term returns. A long-term return can be expected in the mid single-digit range under these current valuations. Given the consistency of the business, its financial strength, and the current low-yield macroeconomic environment, it is really a good substitute for treasury bonds as argued in my&nbsp;last article.</p>\n<p><b>Moat and Profitability</b></p>\n<p>WMT owns the world’s largest retail chain, operating a chain consisting of thousands of stores both in the US and globally. Its US operation consists mainly of 3,570 supercenters, 374 discount stores, 599 Sam’s Clubs, and 799 Neighborhood Markets. And its global operation consists of more than 6,100 stores.</p>\n<p>Its sheer scale forms its most valuable moat. As an example, 70% of the U.S. population live within five miles of a WMT store, and 90% live within 15 minutes drive of one. Such extent of reach and scale provides a level of efficiency, cost-saving, and logistic superiority difficult to match by competitors.</p>\n<p>Protected by such a wide and durable moat, the business has been boasting a remarkable level of consistent profitability as to be elaborated later. And in the short term, the management is very confident and optimistic about the business. As seen from the chart below, management just raised their outlook guidance for the near year in the most recent earnings release. In terms of the topline, they expect WMT U.S. sales to go up 5% to 6% excluding fuel, and Sam’s Club sales go up 7.5% to 8.5% excluding fuel and tobacco.</p>\n<p>In terms of the bottom line, they expect the consolidated operating income to go up by 9% to 11.5% in constant currency and raised the EPS guidance to $6.20 to $6.35. Finally, the business has been investing and growing its eCommerce aggressively in recent years. Sales from eCommerce have more than doubled, up 103%, over the past two years.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/de9ee9f1cfc2727c374231b29725fc27\" tg-width=\"640\" tg-height=\"340\" width=\"100%\" height=\"auto\"><span>Source: WMT 2022 Q2 earnings releases.</span></p>\n<p>Long-term return and ROCE</p>\n<p>After addressing the debt concern, let’s move on to analyze potential returns. If you, like this author, are a long-term investor who subscribes to the concepts of owner’s earnings, perpetual growth rate, and equity bond, then the long-term return is simpler. It is “simply” the summation of the owner’s earnings yield (“OEY”) and the perpetual growth rate (“PGR”), i.e.,</p>\n<p>Long-Term ROI = OEY + PGR</p>\n<p>Because in the long term, all fluctuations in valuation are averaged out (all luck at the end even out). And it doesn’t really matter how the business uses the earnings (payout as dividends, retained in the bank account, or repurchase stocks). As long as used sensibly (as WMT has done in the past), it will be reflected as a return to the business owner.</p>\n<p>OEY is the owner’s earnings divided by the entry price. All the complications are in the estimation of the owner’s earnings - the real economic earnings of the business, not the nominal accounting earnings. Here as a crude and conservative estimate, I will just use the free cash flow (“FCF”) as the owner’s earning. It is conservative in the sense that rigorously speaking, the owner’s earnings should be free cash flow plus the portion of CAPEx that is used to fuel the growth (i.e., the growth CAPEx). At its current price levels, the OEY is ~4.1% for WMT (~24.4x price to FCF).</p>\n<p>The next and more important item is the PGR. To understand and estimate it, we will need to first estimate the return on capital employed (“ROCE”). Note that ROCE is different from the return on equity (and more fundamental and important in my view). ROCE considers the return of capital actually employed, and therefore provides insight into how much additional capital a business needs to invest in order to earn a given extra amount of income – a key to estimating the PGR. For businesses like WMT, I consider the following items capital actually employed:</p>\n<p>1. Working capital, including payables, receivables, inventory. These are the capitals required for the daily operation of their businesses.</p>\n<p>2. Gross Property, Plant, and Equipment. These are the capitals required to actually conduct business and manufacture their products.</p>\n<p>Based on the above considerations, the ROCE of WMT over the past decade is shown below. As seen, WMT was able to maintain a quite respectable ROCE at the beginning of the decade: on average 23%. To put things in perspective, as detailed in my&nbsp;previous articles&nbsp;for Lockheed Martin (LMT) and General Dynamics (GD), ROCEs for these defense business leaders, who almost enjoy a monopoly moat, are also “only” in the range of 20% to 30%. And also note that the ROCE has been remarkably consistent, only fluctuating within a narrow range between 20% and 27.5% most of the time – a hallmark of a business with a stable and durable moat.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0da638b0331bd2193208f6b80cfdf957\" tg-width=\"640\" tg-height=\"358\" width=\"100%\" height=\"auto\"><span>Source: author and Seeking Alpha.</span></p>\n<p><b>Reinvestment rate and long-term return</b></p>\n<p>In the long term, the growth rate is given by: PGR = ROCE * Reinvestment Rate. We’ve examined OEY and ROCE in the above section already. So the last piece of the puzzle to the long-term return is the reinvestment rate, i.e., the fraction of income that business reinvests in itself to fuel future growth. For WMT, the fraction has been about 5-10% in recent years.</p>\n<p>The following chart shows more details of the capital allocation decisions of the business in recent years. The business is in a very strong financial position, as shown in the chart. It is essentially debt-free thanks to its strong cash generation capability. Its interest coverage (EBIT divided by interest expense) is current than 14.7x. In other words, it only takes less than 6.8% of its EBIT income to cover its interest expenses.</p>\n<p>In contrast, the interest coverage for the overall market represented by SP500 is about 6x. Also as shown by the orange line in the chart, thanks to its strong profitability (and stable return on capital as aforementioned), it only takes about 57% of the operating income to cover its dividend after covering maintenance CAPEx. As a result, WMT enjoys quite a bit of flexibility in terms of capital allocation. It has plenty of organic cash to fuel future growth and it’s a matter of identifying such growth areas (such as its e-commerce in recent years).</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ea4856aebfbdb3fb6b38299628cb5fce\" tg-width=\"640\" tg-height=\"364\" width=\"100%\" height=\"auto\"><span>Source: author and Seeking Alpha.</span></p>\n<p>With a 23% ROCE, it means that even if WMT reinvests 10% (the upper range in recent years) of its earnings to expand the capital employed, it could maintain a 2.3% PGR (PGR = ROCE * fraction of earnings reinvested = 10% * 23% = 2.3%).</p>\n<p>Now we have both pieces of the puzzle in place to estimate the long-term return. At its current price levels, the OEY is estimated to be ~4.1% for WMT, and the PGR is about 2.3%. So the total return in the long term at the current valuation would be a mid-single-digit around 6.4% as shown in the chart below. Also as seen, even when ROCE fluctuates somewhat, the fluctuations wouldn’t change the long-term return dramatically.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/532927c81a0982204f5b8f63bd2694a2\" tg-width=\"640\" tg-height=\"423\" width=\"100%\" height=\"auto\"><span>Source: Author and Seeking Alpha.</span></p>\n<p><b>Conclusion and final thoughts</b></p>\n<p>This article examines WMT’s profit sustainability by the most important profit metric: return on capital employed (“ROCE”). ROCE considers the return of capital actually employed, and therefore provides critical insight into how effectively the business uses its capital to earn a profit. A consistent and high ROCE is the hallmark of a business with a sustainable moat.</p>\n<p>The results show that WMT has been maintaining a respectable level of profitability with remarkable consistency. Its ROCE has been remarkably consistent, only fluctuating within a narrow range between 20% and 27.5% most of the time over the years – a hallmark of a business with a stable and durable moat.</p>\n<p>However, at its current prices, it has reached its full valuation and offers limited long-term returns. A long-term return can be expected in the mid-single-digit range of about 6.4% under these current valuations, consisting of about 4.1% from the owner’s earnings yield and 2.3% from long-term organic growth.</p>\n<p>As such, it is certainly not a stock I would recommend to investors mainly seeking capital appreciation. But given the consistency of the business, its financial strength, and the current low-yield macroeconomic environment, it is a solid choice for conservative investors seeking reliable dividend income. In other words, it is a good substitute for treasury bonds as argued in my&nbsp;last article.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Walmart: Limited Long-Term Returns Under Current Valuations</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\">\nWalmart: Limited Long-Term Returns Under Current Valuations\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-29 20:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4457596-walmart-stock-limited-long-term-returns-under-current-valuations><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nThis article analyzes Walmart from the perspective of its profit sustainability by the most important profit metric: return on capital employed (“ROCE”).\nThe results show that WMT has been ...</p>\n\n<a href=\"https://seekingalpha.com/article/4457596-walmart-stock-limited-long-term-returns-under-current-valuations\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WMT":"沃尔玛"},"source_url":"https://seekingalpha.com/article/4457596-walmart-stock-limited-long-term-returns-under-current-valuations","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1123110487","content_text":"Summary\n\nThis article analyzes Walmart from the perspective of its profit sustainability by the most important profit metric: return on capital employed (“ROCE”).\nThe results show that WMT has been maintaining a respectable level of profitability with remarkable consistency.\nHowever, at its current prices, it has reached its full valuation and offers limited long-term returns under these current valuations.\n\nsanfel/iStock Editorial via Getty Images\nThesis and Background\nThis article analyzes Walmart (WMT) from the perspective of its profit sustainability by the most important profit metric: return on capital employed (“ROCE”). Note that ROCE is different from the return on equity (“ROE”) and is more fundamental and important than ROE. Because ROCE considers the return of capital actually employed, and therefore provides critical insight into how effectively the business uses its capital to earn a profit. A consistent and high ROCE is the hallmark of a business with a sustainable moat.\nThe results show that WMT has been maintaining a respectable level of profitability with remarkable consistency. However, at its current prices, it has reached its full valuation and offers limited long-term returns. A long-term return can be expected in the mid single-digit range under these current valuations. Given the consistency of the business, its financial strength, and the current low-yield macroeconomic environment, it is really a good substitute for treasury bonds as argued in my last article.\nMoat and Profitability\nWMT owns the world’s largest retail chain, operating a chain consisting of thousands of stores both in the US and globally. Its US operation consists mainly of 3,570 supercenters, 374 discount stores, 599 Sam’s Clubs, and 799 Neighborhood Markets. And its global operation consists of more than 6,100 stores.\nIts sheer scale forms its most valuable moat. As an example, 70% of the U.S. population live within five miles of a WMT store, and 90% live within 15 minutes drive of one. Such extent of reach and scale provides a level of efficiency, cost-saving, and logistic superiority difficult to match by competitors.\nProtected by such a wide and durable moat, the business has been boasting a remarkable level of consistent profitability as to be elaborated later. And in the short term, the management is very confident and optimistic about the business. As seen from the chart below, management just raised their outlook guidance for the near year in the most recent earnings release. In terms of the topline, they expect WMT U.S. sales to go up 5% to 6% excluding fuel, and Sam’s Club sales go up 7.5% to 8.5% excluding fuel and tobacco.\nIn terms of the bottom line, they expect the consolidated operating income to go up by 9% to 11.5% in constant currency and raised the EPS guidance to $6.20 to $6.35. Finally, the business has been investing and growing its eCommerce aggressively in recent years. Sales from eCommerce have more than doubled, up 103%, over the past two years.\nSource: WMT 2022 Q2 earnings releases.\nLong-term return and ROCE\nAfter addressing the debt concern, let’s move on to analyze potential returns. If you, like this author, are a long-term investor who subscribes to the concepts of owner’s earnings, perpetual growth rate, and equity bond, then the long-term return is simpler. It is “simply” the summation of the owner’s earnings yield (“OEY”) and the perpetual growth rate (“PGR”), i.e.,\nLong-Term ROI = OEY + PGR\nBecause in the long term, all fluctuations in valuation are averaged out (all luck at the end even out). And it doesn’t really matter how the business uses the earnings (payout as dividends, retained in the bank account, or repurchase stocks). As long as used sensibly (as WMT has done in the past), it will be reflected as a return to the business owner.\nOEY is the owner’s earnings divided by the entry price. All the complications are in the estimation of the owner’s earnings - the real economic earnings of the business, not the nominal accounting earnings. Here as a crude and conservative estimate, I will just use the free cash flow (“FCF”) as the owner’s earning. It is conservative in the sense that rigorously speaking, the owner’s earnings should be free cash flow plus the portion of CAPEx that is used to fuel the growth (i.e., the growth CAPEx). At its current price levels, the OEY is ~4.1% for WMT (~24.4x price to FCF).\nThe next and more important item is the PGR. To understand and estimate it, we will need to first estimate the return on capital employed (“ROCE”). Note that ROCE is different from the return on equity (and more fundamental and important in my view). ROCE considers the return of capital actually employed, and therefore provides insight into how much additional capital a business needs to invest in order to earn a given extra amount of income – a key to estimating the PGR. For businesses like WMT, I consider the following items capital actually employed:\n1. Working capital, including payables, receivables, inventory. These are the capitals required for the daily operation of their businesses.\n2. Gross Property, Plant, and Equipment. These are the capitals required to actually conduct business and manufacture their products.\nBased on the above considerations, the ROCE of WMT over the past decade is shown below. As seen, WMT was able to maintain a quite respectable ROCE at the beginning of the decade: on average 23%. To put things in perspective, as detailed in my previous articles for Lockheed Martin (LMT) and General Dynamics (GD), ROCEs for these defense business leaders, who almost enjoy a monopoly moat, are also “only” in the range of 20% to 30%. And also note that the ROCE has been remarkably consistent, only fluctuating within a narrow range between 20% and 27.5% most of the time – a hallmark of a business with a stable and durable moat.\nSource: author and Seeking Alpha.\nReinvestment rate and long-term return\nIn the long term, the growth rate is given by: PGR = ROCE * Reinvestment Rate. We’ve examined OEY and ROCE in the above section already. So the last piece of the puzzle to the long-term return is the reinvestment rate, i.e., the fraction of income that business reinvests in itself to fuel future growth. For WMT, the fraction has been about 5-10% in recent years.\nThe following chart shows more details of the capital allocation decisions of the business in recent years. The business is in a very strong financial position, as shown in the chart. It is essentially debt-free thanks to its strong cash generation capability. Its interest coverage (EBIT divided by interest expense) is current than 14.7x. In other words, it only takes less than 6.8% of its EBIT income to cover its interest expenses.\nIn contrast, the interest coverage for the overall market represented by SP500 is about 6x. Also as shown by the orange line in the chart, thanks to its strong profitability (and stable return on capital as aforementioned), it only takes about 57% of the operating income to cover its dividend after covering maintenance CAPEx. As a result, WMT enjoys quite a bit of flexibility in terms of capital allocation. It has plenty of organic cash to fuel future growth and it’s a matter of identifying such growth areas (such as its e-commerce in recent years).\nSource: author and Seeking Alpha.\nWith a 23% ROCE, it means that even if WMT reinvests 10% (the upper range in recent years) of its earnings to expand the capital employed, it could maintain a 2.3% PGR (PGR = ROCE * fraction of earnings reinvested = 10% * 23% = 2.3%).\nNow we have both pieces of the puzzle in place to estimate the long-term return. At its current price levels, the OEY is estimated to be ~4.1% for WMT, and the PGR is about 2.3%. So the total return in the long term at the current valuation would be a mid-single-digit around 6.4% as shown in the chart below. Also as seen, even when ROCE fluctuates somewhat, the fluctuations wouldn’t change the long-term return dramatically.\nSource: Author and Seeking Alpha.\nConclusion and final thoughts\nThis article examines WMT’s profit sustainability by the most important profit metric: return on capital employed (“ROCE”). ROCE considers the return of capital actually employed, and therefore provides critical insight into how effectively the business uses its capital to earn a profit. A consistent and high ROCE is the hallmark of a business with a sustainable moat.\nThe results show that WMT has been maintaining a respectable level of profitability with remarkable consistency. Its ROCE has been remarkably consistent, only fluctuating within a narrow range between 20% and 27.5% most of the time over the years – a hallmark of a business with a stable and durable moat.\nHowever, at its current prices, it has reached its full valuation and offers limited long-term returns. A long-term return can be expected in the mid-single-digit range of about 6.4% under these current valuations, consisting of about 4.1% from the owner’s earnings yield and 2.3% from long-term organic growth.\nAs such, it is certainly not a stock I would recommend to investors mainly seeking capital appreciation. But given the consistency of the business, its financial strength, and the current low-yield macroeconomic environment, it is a solid choice for conservative investors seeking reliable dividend income. In other words, it is a good substitute for treasury bonds as argued in my last article.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1260,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":862933105,"gmtCreate":1632826832450,"gmtModify":1632826834506,"author":{"id":"3569227954325701","authorId":"3569227954325701","name":"Seuna","avatar":"https://static.tigerbbs.com/0bfb6c0f011a65d66aae3afb6132a82d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569227954325701","authorIdStr":"3569227954325701"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/862933105","repostId":"1165142624","repostType":4,"isVote":1,"tweetType":1,"viewCount":1270,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":868334004,"gmtCreate":1632599137808,"gmtModify":1632654233268,"author":{"id":"3569227954325701","authorId":"3569227954325701","name":"Seuna","avatar":"https://static.tigerbbs.com/0bfb6c0f011a65d66aae3afb6132a82d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569227954325701","authorIdStr":"3569227954325701"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/868334004","repostId":"1149730497","repostType":4,"isVote":1,"tweetType":1,"viewCount":463,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":861210868,"gmtCreate":1632497091755,"gmtModify":1632715885006,"author":{"id":"3569227954325701","authorId":"3569227954325701","name":"Seuna","avatar":"https://static.tigerbbs.com/0bfb6c0f011a65d66aae3afb6132a82d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569227954325701","authorIdStr":"3569227954325701"},"themes":[],"htmlText":"Cana one","listText":"Cana one","text":"Cana one","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/861210868","repostId":"1114004721","repostType":4,"repost":{"id":"1114004721","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":1632496493,"share":"https://www.laohu8.com/m/news/1114004721?lang=&edition=full","pubTime":"2021-09-24 23:14","market":"us","language":"en","title":"IPO opening reminder: Clearwater Analytics opens for trading at $23.8, up about 32% from IPO price","url":"https://stock-news.laohu8.com/highlight/detail?id=1114004721","media":"Tiger Newspress","summary":"(Sept 24) Clearwater Analytics Holdings, Inc. opens for trading at $23.8, up about 32% from IPO pric","content":"<p>(Sept 24)&nbsp;<b><a href=\"https://laohu8.com/S/CWAN\">Clearwater Analytics Holdings, Inc.</a></b> opens for trading at $23.8, up about 32% from IPO price.</p>\n<p><img src=\"https://static.tigerbbs.com/076505c7b70dbe2ad6cfcae8c44f52cb\" tg-width=\"902\" tg-height=\"557\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Company &amp; Technology</b></p>\n<p>Boise, Idaho-based Clearwater was founded to develop a SaaS platform to simplify investment accounting and analysis for asset managers, insurance companies and large corporations.</p>\n<p>Management is headed by Chief Executive Officer Sandeep Sahai, who has been with the firm since September 2016 and was previously CEO of Solmark, an investment partnership.</p>\n<p>The company’s primary offerings include:</p>\n<ul>\n <li><p>Investment accounting and reporting</p></li>\n <li><p>Performance measurement</p></li>\n <li><p>Compliance monitoring</p></li>\n <li><p>Risk analysis</p></li>\n</ul>\n<p>Clearwater has received at least $421 million in notes payable in equity investment from investors including Welsh Carson, Permira, Warburg Pincus and Dragoneer.</p>\n<p><b>Customer Acquisition</b></p>\n<p>The firm pursues client relationships with asset managers, insurance companies and large corporations via a direct sales and marketing force that is focused on the United States.</p>\n<p>CWAN also has international clients and will seek to expand its international presence post-IPO.</p>\n<p>Clearwater handles data on over $5.6 trillion in assets between more than 1,000 clients.</p>\n<p>Sales and Marketing expenses as a percentage of total revenue have varied as revenues have increased, as the figures below indicate:</p>\n<table>\n <colgroup></colgroup>\n <tbody>\n  <tr>\n   <td><p><b>Sales and Marketing</b></p></td>\n   <td><p><b>Expenses vs. Revenue</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Period</p></td>\n   <td><p>Percentage</p></td>\n  </tr>\n  <tr>\n   <td><p>Six Mos. Ended June 30, 2021</p></td>\n   <td><p>13.6%</p></td>\n  </tr>\n  <tr>\n   <td><p>2020</p></td>\n   <td><p>10.9%</p></td>\n  </tr>\n  <tr>\n   <td><p>2019</p></td>\n   <td><p>11.4%</p></td>\n  </tr>\n </tbody>\n</table>\n<p>The Sales and Marketing efficiency rate, defined as how many dollars of additional new revenue are generated by each dollar of Sales and Marketing spend, dropped to 1.4x in the most recent reporting period, as shown in the table below:</p>\n<table>\n <colgroup></colgroup>\n <tbody>\n  <tr>\n   <td><p><b>Sales and Marketing</b></p></td>\n   <td><p><b>Efficiency Rate</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Period</p></td>\n   <td><p>Multiple</p></td>\n  </tr>\n  <tr>\n   <td><p>Six Mos. Ended June 30, 2021</p></td>\n   <td><p>1.4</p></td>\n  </tr>\n  <tr>\n   <td><p>2020</p></td>\n   <td><p>1.6</p></td>\n  </tr>\n </tbody>\n</table>\n<p>The Rule of 40 is a software industry rule of thumb that says that as long as the combined revenue growth rate and EBITDA percentage rate equal or exceed 40%, the firm is on an acceptable growth/EBITDA trajectory.</p>\n<p>CWAN’s most recent calculation was 41% during the six months ended June 30, 2021, so the firm has performed well in this regard, per the table below:</p>\n<table>\n <colgroup></colgroup>\n <tbody>\n  <tr>\n   <td><p><b>Rule of 40</b></p></td>\n   <td><p><b>Calculation</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Recent Rev. Growth %</p></td>\n   <td><p>24%</p></td>\n  </tr>\n  <tr>\n   <td><p>EBITDA %</p></td>\n   <td><p>17%</p></td>\n  </tr>\n  <tr>\n   <td><p>Total</p></td>\n   <td><p>41%</p></td>\n  </tr>\n </tbody>\n</table>\n<p>The firm’s dollar-based net revenue retention rate for June 30, 2021 was 109%, a reasonably good result.</p>\n<p>The dollar-based net revenue retention rate metric measures how much additional revenue is generated over time from each cohort of customers, so that a figure over 100% means that the company is generating more revenue from the same customer cohort over time, indicating good product/market fit and efficient sales and marketing efforts.</p>\n<p><b>Market &amp; Competition</b></p>\n<p>According to a 2021 marketresearch reportby Market Primes, the global investment management software market was an estimated $3 billion in 2019 and is forecast to reach nearly $4.5 billion by 2025.</p>\n<p>This represents a forecast CAGR of 10.2% from 2019 to 2025.</p>\n<p>The main drivers for this expected growth are a desire by users to automate repetitive tasks so they can focus on maximizing portfolio performance and creating more sophisticated approaches.</p>\n<p>Also, assessing risks and exposures and being able to efficiently report and share the information with stakeholders will drive demand for more capable solutions.</p>\n<p>Major competitive or other industry participants include:</p>\n<ul>\n <li><p>SS&amp;C</p></li>\n <li><p>State Street</p></li>\n <li><p>SAP</p></li>\n <li><p>BNY Mellon (Eagle)</p></li>\n <li><p>Simcorp</p></li>\n <li><p>BlackRock</p></li>\n <li><p>FIS</p></li>\n <li><p>Northern Trust</p></li>\n <li><p>Others</p></li>\n</ul>\n<p><b>Financial Performance</b></p>\n<p>Clearwater’s recent financial results can be summarized as follows:</p>\n<ul>\n <li><p>Strong topline revenue growth</p></li>\n <li><p>Increasing gross profit and gross margin</p></li>\n <li><p>A swing to operating profit and net profit</p></li>\n <li><p>Uneven cash used in operations</p></li>\n</ul>\n<p>Below are relevant financial results derived from the firm’s registration statement:</p>\n<table>\n <colgroup></colgroup>\n <tbody>\n  <tr>\n   <td><p><b>Total Revenue</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Period</p></td>\n   <td><p>Total Revenue</p></td>\n   <td><p>% Variance vs. Prior</p></td>\n  </tr>\n  <tr>\n   <td><p>Six Mos. Ended June 30, 2021</p></td>\n   <td><p>$ 117,770,000</p></td>\n   <td><p>23.8%</p></td>\n  </tr>\n  <tr>\n   <td><p>2020</p></td>\n   <td><p>$ 203,222,000</p></td>\n   <td><p>21.0%</p></td>\n  </tr>\n  <tr>\n   <td><p>2019</p></td>\n   <td><p>$ 168,001,000</p></td>\n  </tr>\n  <tr></tr>\n  <tr>\n   <td><p><b>Gross Profit (Loss)</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Period</p></td>\n   <td><p>Gross Profit (Loss)</p></td>\n   <td><p>% Variance vs. Prior</p></td>\n  </tr>\n  <tr>\n   <td><p>Six Mos. Ended June 30, 2021</p></td>\n   <td><p>$ 87,872,000</p></td>\n   <td><p>28.8%</p></td>\n  </tr>\n  <tr>\n   <td><p>2020</p></td>\n   <td><p>$ 149,959,000</p></td>\n   <td><p>24.1%</p></td>\n  </tr>\n  <tr>\n   <td><p>2019</p></td>\n   <td><p>$ 120,856,000</p></td>\n  </tr>\n  <tr></tr>\n  <tr>\n   <td><p><b>Gross Margin</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Period</p></td>\n   <td><p>Gross Margin</p></td>\n  </tr>\n  <tr>\n   <td><p>Six Mos. Ended June 30, 2021</p></td>\n   <td><p>74.61%</p></td>\n  </tr>\n  <tr>\n   <td><p>2020</p></td>\n   <td><p>73.79%</p></td>\n  </tr>\n  <tr>\n   <td><p>2019</p></td>\n   <td><p>71.94%</p></td>\n  </tr>\n  <tr></tr>\n  <tr>\n   <td><p><b>Operating Profit (Loss)</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Period</p></td>\n   <td><p>Operating Profit (Loss)</p></td>\n   <td><p>Operating Margin</p></td>\n  </tr>\n  <tr>\n   <td><p>Six Mos. Ended June 30, 2021</p></td>\n   <td><p>$ 20,544,000</p></td>\n   <td><p>17.4%</p></td>\n  </tr>\n  <tr>\n   <td><p>2020</p></td>\n   <td><p>$ (20,418,000)</p></td>\n   <td><p>-10.0%</p></td>\n  </tr>\n  <tr>\n   <td><p>2019</p></td>\n   <td><p>$ 25,697,000</p></td>\n   <td><p>15.3%</p></td>\n  </tr>\n  <tr></tr>\n  <tr>\n   <td><p><b>Net Income (Loss)</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Period</p></td>\n   <td><p>Net Income (Loss)</p></td>\n  </tr>\n  <tr>\n   <td><p>Six Mos. Ended June 30, 2021</p></td>\n   <td><p>$ 3,200,000</p></td>\n  </tr>\n  <tr>\n   <td><p>2020</p></td>\n   <td><p>$ (44,230,000)</p></td>\n  </tr>\n  <tr>\n   <td><p>2019</p></td>\n   <td><p>$ 7,732,000</p></td>\n  </tr>\n  <tr></tr>\n  <tr>\n   <td><p><b>Cash Flow From Operations</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Period</p></td>\n   <td><p>Cash Flow From Operations</p></td>\n  </tr>\n  <tr>\n   <td><p>Six Mos. Ended June 30, 2021</p></td>\n   <td><p>$ (16,352,000)</p></td>\n  </tr>\n  <tr>\n   <td><p>2020</p></td>\n   <td><p>$ (6,486,000)</p></td>\n  </tr>\n  <tr>\n   <td><p>2019</p></td>\n   <td><p>$ (230,029,000)</p></td>\n  </tr>\n </tbody>\n</table>\n<p>As of June 30, 2021, Clearwater had $41 million in cash and $450 million in total liabilities.</p>\n<p>Free cash flow during the twelve months ended June 30, 2021, was negative ($38 million).</p>\n<p>Valuation Metrics</p>\n<p>Below is a table of the firm’s relevant capitalization and valuation metrics at IPO, excluding the effects of underwriter options:</p>\n<table>\n <colgroup></colgroup>\n <tbody>\n  <tr>\n   <td><p><b>Measure [TTM]</b></p></td>\n   <td><p><b>Amount</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Market Capitalization at IPO</p></td>\n   <td><p>$3,472,178,130</p></td>\n  </tr>\n  <tr>\n   <td><p>Enterprise Value</p></td>\n   <td><p>$3,470,109,130</p></td>\n  </tr>\n  <tr>\n   <td><p>Price / Sales</p></td>\n   <td><p>15.37</p></td>\n  </tr>\n  <tr>\n   <td><p>EV / Revenue</p></td>\n   <td><p>15.36</p></td>\n  </tr>\n  <tr>\n   <td><p>EV / EBITDA</p></td>\n   <td><p>-141.93</p></td>\n  </tr>\n  <tr>\n   <td><p>Earnings Per Share</p></td>\n   <td><p>-$0.23</p></td>\n  </tr>\n  <tr>\n   <td><p>Float To Outstanding Shares Ratio</p></td>\n   <td><p>12.96%</p></td>\n  </tr>\n  <tr>\n   <td><p>Proposed IPO Midpoint Price per Share</p></td>\n   <td><p>$15.00</p></td>\n  </tr>\n  <tr>\n   <td><p>Net Free Cash Flow</p></td>\n   <td><p>-$38,024,000</p></td>\n  </tr>\n  <tr>\n   <td><p>Free Cash Flow Yield Per Share</p></td>\n   <td><p>-1.10%</p></td>\n  </tr>\n  <tr>\n   <td><p>Revenue Growth Rate</p></td>\n   <td><p>23.83%</p></td>\n  </tr>\n </tbody>\n</table>\n<p><b>Commentary</b></p>\n<p>CWAN intends to go public to pay down debt and will have a net of $55 million in debt post-IPO.</p>\n<p>The firm’s financials show strong topline revenue growth and gross profit growth and a rebound to operating profit and net income after negative results in 2020.</p>\n<p>Free cash flow for the twelve months ended June 30, 2021, was a decidedly unimpressive negative ($38 million).</p>\n<p>Sales and Marketing expenses as a percentage of total revenue have varied as revenue has increased; its Sales and Marketing efficiency rate dropped slightly to 1.4x in the most recent six-month period.</p>\n<p>CWAN's dollar-based net retention rate was 109% for June 30, 2021, a positive result and its Rule of 40 performance was good as well.</p>\n<p>The market opportunity for selling investment management software is large and expected to grow substantially in the years ahead, but the firm has extensive competition.</p>\n<p>Goldman Sachs is the lead left underwriter and IPOs led by the firm over the last 12-month period have generated an average return of 40.5% since their IPO. This is a middle-tier performance for all major underwriters during the period.</p>\n<p>The primary risk to the company’s outlook is the degree of competition and specialization present in various submarkets in which it competes, as well as the ability for some larger prospects to develop solutions in-house.</p>\n<p>As for valuation, compared to competitor Simcorp, the CWAN IPO is much more highly priced on a revenue multiple basis. In my view, this is justified as the firm is growing revenue at a significantly higher rate of growth.</p>\n<p>After a difficult period during 2020 where the firm produced operating losses, 2021 has seen a return to operating and net profits with impressive growth as well.</p>\n<p>Given CWAN’s growth trajectory and the investment management software industry’s strong growth potential in the years ahead, the IPO is worth a close look.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>IPO opening reminder: Clearwater Analytics opens for trading at $23.8, up about 32% from IPO price</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\">\nIPO opening reminder: Clearwater Analytics opens for trading at $23.8, up about 32% from IPO price\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-09-24 23:14</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(Sept 24)&nbsp;<b><a href=\"https://laohu8.com/S/CWAN\">Clearwater Analytics Holdings, Inc.</a></b> opens for trading at $23.8, up about 32% from IPO price.</p>\n<p><img src=\"https://static.tigerbbs.com/076505c7b70dbe2ad6cfcae8c44f52cb\" tg-width=\"902\" tg-height=\"557\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Company &amp; Technology</b></p>\n<p>Boise, Idaho-based Clearwater was founded to develop a SaaS platform to simplify investment accounting and analysis for asset managers, insurance companies and large corporations.</p>\n<p>Management is headed by Chief Executive Officer Sandeep Sahai, who has been with the firm since September 2016 and was previously CEO of Solmark, an investment partnership.</p>\n<p>The company’s primary offerings include:</p>\n<ul>\n <li><p>Investment accounting and reporting</p></li>\n <li><p>Performance measurement</p></li>\n <li><p>Compliance monitoring</p></li>\n <li><p>Risk analysis</p></li>\n</ul>\n<p>Clearwater has received at least $421 million in notes payable in equity investment from investors including Welsh Carson, Permira, Warburg Pincus and Dragoneer.</p>\n<p><b>Customer Acquisition</b></p>\n<p>The firm pursues client relationships with asset managers, insurance companies and large corporations via a direct sales and marketing force that is focused on the United States.</p>\n<p>CWAN also has international clients and will seek to expand its international presence post-IPO.</p>\n<p>Clearwater handles data on over $5.6 trillion in assets between more than 1,000 clients.</p>\n<p>Sales and Marketing expenses as a percentage of total revenue have varied as revenues have increased, as the figures below indicate:</p>\n<table>\n <colgroup></colgroup>\n <tbody>\n  <tr>\n   <td><p><b>Sales and Marketing</b></p></td>\n   <td><p><b>Expenses vs. Revenue</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Period</p></td>\n   <td><p>Percentage</p></td>\n  </tr>\n  <tr>\n   <td><p>Six Mos. Ended June 30, 2021</p></td>\n   <td><p>13.6%</p></td>\n  </tr>\n  <tr>\n   <td><p>2020</p></td>\n   <td><p>10.9%</p></td>\n  </tr>\n  <tr>\n   <td><p>2019</p></td>\n   <td><p>11.4%</p></td>\n  </tr>\n </tbody>\n</table>\n<p>The Sales and Marketing efficiency rate, defined as how many dollars of additional new revenue are generated by each dollar of Sales and Marketing spend, dropped to 1.4x in the most recent reporting period, as shown in the table below:</p>\n<table>\n <colgroup></colgroup>\n <tbody>\n  <tr>\n   <td><p><b>Sales and Marketing</b></p></td>\n   <td><p><b>Efficiency Rate</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Period</p></td>\n   <td><p>Multiple</p></td>\n  </tr>\n  <tr>\n   <td><p>Six Mos. Ended June 30, 2021</p></td>\n   <td><p>1.4</p></td>\n  </tr>\n  <tr>\n   <td><p>2020</p></td>\n   <td><p>1.6</p></td>\n  </tr>\n </tbody>\n</table>\n<p>The Rule of 40 is a software industry rule of thumb that says that as long as the combined revenue growth rate and EBITDA percentage rate equal or exceed 40%, the firm is on an acceptable growth/EBITDA trajectory.</p>\n<p>CWAN’s most recent calculation was 41% during the six months ended June 30, 2021, so the firm has performed well in this regard, per the table below:</p>\n<table>\n <colgroup></colgroup>\n <tbody>\n  <tr>\n   <td><p><b>Rule of 40</b></p></td>\n   <td><p><b>Calculation</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Recent Rev. Growth %</p></td>\n   <td><p>24%</p></td>\n  </tr>\n  <tr>\n   <td><p>EBITDA %</p></td>\n   <td><p>17%</p></td>\n  </tr>\n  <tr>\n   <td><p>Total</p></td>\n   <td><p>41%</p></td>\n  </tr>\n </tbody>\n</table>\n<p>The firm’s dollar-based net revenue retention rate for June 30, 2021 was 109%, a reasonably good result.</p>\n<p>The dollar-based net revenue retention rate metric measures how much additional revenue is generated over time from each cohort of customers, so that a figure over 100% means that the company is generating more revenue from the same customer cohort over time, indicating good product/market fit and efficient sales and marketing efforts.</p>\n<p><b>Market &amp; Competition</b></p>\n<p>According to a 2021 marketresearch reportby Market Primes, the global investment management software market was an estimated $3 billion in 2019 and is forecast to reach nearly $4.5 billion by 2025.</p>\n<p>This represents a forecast CAGR of 10.2% from 2019 to 2025.</p>\n<p>The main drivers for this expected growth are a desire by users to automate repetitive tasks so they can focus on maximizing portfolio performance and creating more sophisticated approaches.</p>\n<p>Also, assessing risks and exposures and being able to efficiently report and share the information with stakeholders will drive demand for more capable solutions.</p>\n<p>Major competitive or other industry participants include:</p>\n<ul>\n <li><p>SS&amp;C</p></li>\n <li><p>State Street</p></li>\n <li><p>SAP</p></li>\n <li><p>BNY Mellon (Eagle)</p></li>\n <li><p>Simcorp</p></li>\n <li><p>BlackRock</p></li>\n <li><p>FIS</p></li>\n <li><p>Northern Trust</p></li>\n <li><p>Others</p></li>\n</ul>\n<p><b>Financial Performance</b></p>\n<p>Clearwater’s recent financial results can be summarized as follows:</p>\n<ul>\n <li><p>Strong topline revenue growth</p></li>\n <li><p>Increasing gross profit and gross margin</p></li>\n <li><p>A swing to operating profit and net profit</p></li>\n <li><p>Uneven cash used in operations</p></li>\n</ul>\n<p>Below are relevant financial results derived from the firm’s registration statement:</p>\n<table>\n <colgroup></colgroup>\n <tbody>\n  <tr>\n   <td><p><b>Total Revenue</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Period</p></td>\n   <td><p>Total Revenue</p></td>\n   <td><p>% Variance vs. Prior</p></td>\n  </tr>\n  <tr>\n   <td><p>Six Mos. Ended June 30, 2021</p></td>\n   <td><p>$ 117,770,000</p></td>\n   <td><p>23.8%</p></td>\n  </tr>\n  <tr>\n   <td><p>2020</p></td>\n   <td><p>$ 203,222,000</p></td>\n   <td><p>21.0%</p></td>\n  </tr>\n  <tr>\n   <td><p>2019</p></td>\n   <td><p>$ 168,001,000</p></td>\n  </tr>\n  <tr></tr>\n  <tr>\n   <td><p><b>Gross Profit (Loss)</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Period</p></td>\n   <td><p>Gross Profit (Loss)</p></td>\n   <td><p>% Variance vs. Prior</p></td>\n  </tr>\n  <tr>\n   <td><p>Six Mos. Ended June 30, 2021</p></td>\n   <td><p>$ 87,872,000</p></td>\n   <td><p>28.8%</p></td>\n  </tr>\n  <tr>\n   <td><p>2020</p></td>\n   <td><p>$ 149,959,000</p></td>\n   <td><p>24.1%</p></td>\n  </tr>\n  <tr>\n   <td><p>2019</p></td>\n   <td><p>$ 120,856,000</p></td>\n  </tr>\n  <tr></tr>\n  <tr>\n   <td><p><b>Gross Margin</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Period</p></td>\n   <td><p>Gross Margin</p></td>\n  </tr>\n  <tr>\n   <td><p>Six Mos. Ended June 30, 2021</p></td>\n   <td><p>74.61%</p></td>\n  </tr>\n  <tr>\n   <td><p>2020</p></td>\n   <td><p>73.79%</p></td>\n  </tr>\n  <tr>\n   <td><p>2019</p></td>\n   <td><p>71.94%</p></td>\n  </tr>\n  <tr></tr>\n  <tr>\n   <td><p><b>Operating Profit (Loss)</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Period</p></td>\n   <td><p>Operating Profit (Loss)</p></td>\n   <td><p>Operating Margin</p></td>\n  </tr>\n  <tr>\n   <td><p>Six Mos. Ended June 30, 2021</p></td>\n   <td><p>$ 20,544,000</p></td>\n   <td><p>17.4%</p></td>\n  </tr>\n  <tr>\n   <td><p>2020</p></td>\n   <td><p>$ (20,418,000)</p></td>\n   <td><p>-10.0%</p></td>\n  </tr>\n  <tr>\n   <td><p>2019</p></td>\n   <td><p>$ 25,697,000</p></td>\n   <td><p>15.3%</p></td>\n  </tr>\n  <tr></tr>\n  <tr>\n   <td><p><b>Net Income (Loss)</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Period</p></td>\n   <td><p>Net Income (Loss)</p></td>\n  </tr>\n  <tr>\n   <td><p>Six Mos. Ended June 30, 2021</p></td>\n   <td><p>$ 3,200,000</p></td>\n  </tr>\n  <tr>\n   <td><p>2020</p></td>\n   <td><p>$ (44,230,000)</p></td>\n  </tr>\n  <tr>\n   <td><p>2019</p></td>\n   <td><p>$ 7,732,000</p></td>\n  </tr>\n  <tr></tr>\n  <tr>\n   <td><p><b>Cash Flow From Operations</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Period</p></td>\n   <td><p>Cash Flow From Operations</p></td>\n  </tr>\n  <tr>\n   <td><p>Six Mos. Ended June 30, 2021</p></td>\n   <td><p>$ (16,352,000)</p></td>\n  </tr>\n  <tr>\n   <td><p>2020</p></td>\n   <td><p>$ (6,486,000)</p></td>\n  </tr>\n  <tr>\n   <td><p>2019</p></td>\n   <td><p>$ (230,029,000)</p></td>\n  </tr>\n </tbody>\n</table>\n<p>As of June 30, 2021, Clearwater had $41 million in cash and $450 million in total liabilities.</p>\n<p>Free cash flow during the twelve months ended June 30, 2021, was negative ($38 million).</p>\n<p>Valuation Metrics</p>\n<p>Below is a table of the firm’s relevant capitalization and valuation metrics at IPO, excluding the effects of underwriter options:</p>\n<table>\n <colgroup></colgroup>\n <tbody>\n  <tr>\n   <td><p><b>Measure [TTM]</b></p></td>\n   <td><p><b>Amount</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Market Capitalization at IPO</p></td>\n   <td><p>$3,472,178,130</p></td>\n  </tr>\n  <tr>\n   <td><p>Enterprise Value</p></td>\n   <td><p>$3,470,109,130</p></td>\n  </tr>\n  <tr>\n   <td><p>Price / Sales</p></td>\n   <td><p>15.37</p></td>\n  </tr>\n  <tr>\n   <td><p>EV / Revenue</p></td>\n   <td><p>15.36</p></td>\n  </tr>\n  <tr>\n   <td><p>EV / EBITDA</p></td>\n   <td><p>-141.93</p></td>\n  </tr>\n  <tr>\n   <td><p>Earnings Per Share</p></td>\n   <td><p>-$0.23</p></td>\n  </tr>\n  <tr>\n   <td><p>Float To Outstanding Shares Ratio</p></td>\n   <td><p>12.96%</p></td>\n  </tr>\n  <tr>\n   <td><p>Proposed IPO Midpoint Price per Share</p></td>\n   <td><p>$15.00</p></td>\n  </tr>\n  <tr>\n   <td><p>Net Free Cash Flow</p></td>\n   <td><p>-$38,024,000</p></td>\n  </tr>\n  <tr>\n   <td><p>Free Cash Flow Yield Per Share</p></td>\n   <td><p>-1.10%</p></td>\n  </tr>\n  <tr>\n   <td><p>Revenue Growth Rate</p></td>\n   <td><p>23.83%</p></td>\n  </tr>\n </tbody>\n</table>\n<p><b>Commentary</b></p>\n<p>CWAN intends to go public to pay down debt and will have a net of $55 million in debt post-IPO.</p>\n<p>The firm’s financials show strong topline revenue growth and gross profit growth and a rebound to operating profit and net income after negative results in 2020.</p>\n<p>Free cash flow for the twelve months ended June 30, 2021, was a decidedly unimpressive negative ($38 million).</p>\n<p>Sales and Marketing expenses as a percentage of total revenue have varied as revenue has increased; its Sales and Marketing efficiency rate dropped slightly to 1.4x in the most recent six-month period.</p>\n<p>CWAN's dollar-based net retention rate was 109% for June 30, 2021, a positive result and its Rule of 40 performance was good as well.</p>\n<p>The market opportunity for selling investment management software is large and expected to grow substantially in the years ahead, but the firm has extensive competition.</p>\n<p>Goldman Sachs is the lead left underwriter and IPOs led by the firm over the last 12-month period have generated an average return of 40.5% since their IPO. This is a middle-tier performance for all major underwriters during the period.</p>\n<p>The primary risk to the company’s outlook is the degree of competition and specialization present in various submarkets in which it competes, as well as the ability for some larger prospects to develop solutions in-house.</p>\n<p>As for valuation, compared to competitor Simcorp, the CWAN IPO is much more highly priced on a revenue multiple basis. In my view, this is justified as the firm is growing revenue at a significantly higher rate of growth.</p>\n<p>After a difficult period during 2020 where the firm produced operating losses, 2021 has seen a return to operating and net profits with impressive growth as well.</p>\n<p>Given CWAN’s growth trajectory and the investment management software industry’s strong growth potential in the years ahead, the IPO is worth a close look.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CWAN":"Clearwater Analytics Holdings, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1114004721","content_text":"(Sept 24) Clearwater Analytics Holdings, Inc. opens for trading at $23.8, up about 32% from IPO price.\n\nCompany & Technology\nBoise, Idaho-based Clearwater was founded to develop a SaaS platform to simplify investment accounting and analysis for asset managers, insurance companies and large corporations.\nManagement is headed by Chief Executive Officer Sandeep Sahai, who has been with the firm since September 2016 and was previously CEO of Solmark, an investment partnership.\nThe company’s primary offerings include:\n\nInvestment accounting and reporting\nPerformance measurement\nCompliance monitoring\nRisk analysis\n\nClearwater has received at least $421 million in notes payable in equity investment from investors including Welsh Carson, Permira, Warburg Pincus and Dragoneer.\nCustomer Acquisition\nThe firm pursues client relationships with asset managers, insurance companies and large corporations via a direct sales and marketing force that is focused on the United States.\nCWAN also has international clients and will seek to expand its international presence post-IPO.\nClearwater handles data on over $5.6 trillion in assets between more than 1,000 clients.\nSales and Marketing expenses as a percentage of total revenue have varied as revenues have increased, as the figures below indicate:\n\n\n\n\nSales and Marketing\nExpenses vs. Revenue\n\n\nPeriod\nPercentage\n\n\nSix Mos. Ended June 30, 2021\n13.6%\n\n\n2020\n10.9%\n\n\n2019\n11.4%\n\n\n\nThe Sales and Marketing efficiency rate, defined as how many dollars of additional new revenue are generated by each dollar of Sales and Marketing spend, dropped to 1.4x in the most recent reporting period, as shown in the table below:\n\n\n\n\nSales and Marketing\nEfficiency Rate\n\n\nPeriod\nMultiple\n\n\nSix Mos. Ended June 30, 2021\n1.4\n\n\n2020\n1.6\n\n\n\nThe Rule of 40 is a software industry rule of thumb that says that as long as the combined revenue growth rate and EBITDA percentage rate equal or exceed 40%, the firm is on an acceptable growth/EBITDA trajectory.\nCWAN’s most recent calculation was 41% during the six months ended June 30, 2021, so the firm has performed well in this regard, per the table below:\n\n\n\n\nRule of 40\nCalculation\n\n\nRecent Rev. Growth %\n24%\n\n\nEBITDA %\n17%\n\n\nTotal\n41%\n\n\n\nThe firm’s dollar-based net revenue retention rate for June 30, 2021 was 109%, a reasonably good result.\nThe dollar-based net revenue retention rate metric measures how much additional revenue is generated over time from each cohort of customers, so that a figure over 100% means that the company is generating more revenue from the same customer cohort over time, indicating good product/market fit and efficient sales and marketing efforts.\nMarket & Competition\nAccording to a 2021 marketresearch reportby Market Primes, the global investment management software market was an estimated $3 billion in 2019 and is forecast to reach nearly $4.5 billion by 2025.\nThis represents a forecast CAGR of 10.2% from 2019 to 2025.\nThe main drivers for this expected growth are a desire by users to automate repetitive tasks so they can focus on maximizing portfolio performance and creating more sophisticated approaches.\nAlso, assessing risks and exposures and being able to efficiently report and share the information with stakeholders will drive demand for more capable solutions.\nMajor competitive or other industry participants include:\n\nSS&C\nState Street\nSAP\nBNY Mellon (Eagle)\nSimcorp\nBlackRock\nFIS\nNorthern Trust\nOthers\n\nFinancial Performance\nClearwater’s recent financial results can be summarized as follows:\n\nStrong topline revenue growth\nIncreasing gross profit and gross margin\nA swing to operating profit and net profit\nUneven cash used in operations\n\nBelow are relevant financial results derived from the firm’s registration statement:\n\n\n\n\nTotal Revenue\n\n\nPeriod\nTotal Revenue\n% Variance vs. Prior\n\n\nSix Mos. Ended June 30, 2021\n$ 117,770,000\n23.8%\n\n\n2020\n$ 203,222,000\n21.0%\n\n\n2019\n$ 168,001,000\n\n\n\nGross Profit (Loss)\n\n\nPeriod\nGross Profit (Loss)\n% Variance vs. Prior\n\n\nSix Mos. Ended June 30, 2021\n$ 87,872,000\n28.8%\n\n\n2020\n$ 149,959,000\n24.1%\n\n\n2019\n$ 120,856,000\n\n\n\nGross Margin\n\n\nPeriod\nGross Margin\n\n\nSix Mos. Ended June 30, 2021\n74.61%\n\n\n2020\n73.79%\n\n\n2019\n71.94%\n\n\n\nOperating Profit (Loss)\n\n\nPeriod\nOperating Profit (Loss)\nOperating Margin\n\n\nSix Mos. Ended June 30, 2021\n$ 20,544,000\n17.4%\n\n\n2020\n$ (20,418,000)\n-10.0%\n\n\n2019\n$ 25,697,000\n15.3%\n\n\n\nNet Income (Loss)\n\n\nPeriod\nNet Income (Loss)\n\n\nSix Mos. Ended June 30, 2021\n$ 3,200,000\n\n\n2020\n$ (44,230,000)\n\n\n2019\n$ 7,732,000\n\n\n\nCash Flow From Operations\n\n\nPeriod\nCash Flow From Operations\n\n\nSix Mos. Ended June 30, 2021\n$ (16,352,000)\n\n\n2020\n$ (6,486,000)\n\n\n2019\n$ (230,029,000)\n\n\n\nAs of June 30, 2021, Clearwater had $41 million in cash and $450 million in total liabilities.\nFree cash flow during the twelve months ended June 30, 2021, was negative ($38 million).\nValuation Metrics\nBelow is a table of the firm’s relevant capitalization and valuation metrics at IPO, excluding the effects of underwriter options:\n\n\n\n\nMeasure [TTM]\nAmount\n\n\nMarket Capitalization at IPO\n$3,472,178,130\n\n\nEnterprise Value\n$3,470,109,130\n\n\nPrice / Sales\n15.37\n\n\nEV / Revenue\n15.36\n\n\nEV / EBITDA\n-141.93\n\n\nEarnings Per Share\n-$0.23\n\n\nFloat To Outstanding Shares Ratio\n12.96%\n\n\nProposed IPO Midpoint Price per Share\n$15.00\n\n\nNet Free Cash Flow\n-$38,024,000\n\n\nFree Cash Flow Yield Per Share\n-1.10%\n\n\nRevenue Growth Rate\n23.83%\n\n\n\nCommentary\nCWAN intends to go public to pay down debt and will have a net of $55 million in debt post-IPO.\nThe firm’s financials show strong topline revenue growth and gross profit growth and a rebound to operating profit and net income after negative results in 2020.\nFree cash flow for the twelve months ended June 30, 2021, was a decidedly unimpressive negative ($38 million).\nSales and Marketing expenses as a percentage of total revenue have varied as revenue has increased; its Sales and Marketing efficiency rate dropped slightly to 1.4x in the most recent six-month period.\nCWAN's dollar-based net retention rate was 109% for June 30, 2021, a positive result and its Rule of 40 performance was good as well.\nThe market opportunity for selling investment management software is large and expected to grow substantially in the years ahead, but the firm has extensive competition.\nGoldman Sachs is the lead left underwriter and IPOs led by the firm over the last 12-month period have generated an average return of 40.5% since their IPO. This is a middle-tier performance for all major underwriters during the period.\nThe primary risk to the company’s outlook is the degree of competition and specialization present in various submarkets in which it competes, as well as the ability for some larger prospects to develop solutions in-house.\nAs for valuation, compared to competitor Simcorp, the CWAN IPO is much more highly priced on a revenue multiple basis. In my view, this is justified as the firm is growing revenue at a significantly higher rate of growth.\nAfter a difficult period during 2020 where the firm produced operating losses, 2021 has seen a return to operating and net profits with impressive growth as well.\nGiven CWAN’s growth trajectory and the investment management software industry’s strong growth potential in the years ahead, the IPO is worth a close look.","news_type":1},"isVote":1,"tweetType":1,"viewCount":547,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":860417148,"gmtCreate":1632197823584,"gmtModify":1632802119646,"author":{"id":"3569227954325701","authorId":"3569227954325701","name":"Seuna","avatar":"https://static.tigerbbs.com/0bfb6c0f011a65d66aae3afb6132a82d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569227954325701","authorIdStr":"3569227954325701"},"themes":[],"htmlText":"Uwu","listText":"Uwu","text":"Uwu","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/860417148","repostId":"2169681424","repostType":4,"isVote":1,"tweetType":1,"viewCount":119,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":860336830,"gmtCreate":1632133125120,"gmtModify":1632802640562,"author":{"id":"3569227954325701","authorId":"3569227954325701","name":"Seuna","avatar":"https://static.tigerbbs.com/0bfb6c0f011a65d66aae3afb6132a82d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569227954325701","authorIdStr":"3569227954325701"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/860336830","repostId":"1194891884","repostType":4,"repost":{"id":"1194891884","kind":"news","pubTimestamp":1632091615,"share":"https://www.laohu8.com/m/news/1194891884?lang=&edition=full","pubTime":"2021-09-20 06:46","market":"us","language":"en","title":"Nike, Costco, FedEx, Salesforce, and Other Stocks for Investors to Watch This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=1194891884","media":"Barrons","summary":"The main event this week will be the Federal Reserve’s September policy meeting. Investors will also","content":"<p>The main event this week will be the Federal Reserve’s September policy meeting. Investors will also be watching for several corporate earnings releases, investor days, and the latest economic data.</p>\n<p>Lennar reports quarterly earnings on Monday, followed by results from Adobe, AutoZone, and FedEx on Tuesday. General Mills goes on Wednesday, then Nike, Accenture, Costco Wholesale, and Darden Restaurants report&nbsp;on Thursday. Investor days this week include&nbsp;Biogen on Tuesday,&nbsp;Weyerhaeuser on Wednesday, and&nbsp;Salesforce.com on Thursday.</p>\n<p>The Federal Reserve’s monetary policy committee meets on Tuesday and Wednesday this week. The central bank is unlikely&nbsp;to change its target interest rate range, but could give an update on its plans to begin reducing its monthly asset purchases. Wednesday afternoon’s&nbsp;press conference with Fed chair Jerome Powell will be closely&nbsp;watched.</p>\n<p>Economic data out this week include the Conference Board’s Leading Economic Index for August on Thursday. There will also be several updates on the U.S. housing market including the National Association of Home Builders’ Housing Market Index for September on Monday, the Census Bureau’s new residential construction data for August on Tuesday, and the National Association of Realtors’&nbsp;existing-home sales for August on Wednesday.</p>\n<p><b>Monday 9/20</b></p>\n<p>Lennar reports third-quarter fiscal-2021 results.</p>\n<p>Merck presents data on its portfolio of cancer drugs, in conjunction with the European Society for Medical Oncology’s 2021 Congress.</p>\n<p><b>The National Association</b>&nbsp;of Home Builders releases its Housing Market Index for September. Economists forecast a 73 reading, two points below August’s figure, which was the lowest in more than a year.</p>\n<p><b>Tuesday 9/21</b></p>\n<p>Adobe, AutoZone, and FedEx release earnings.</p>\n<p>Biogen hosts an investor day to discuss its pipeline of neuroscience therapeutics.</p>\n<p><b>The Census Bureau</b>&nbsp;reports on new residential construction for August. Consensus estimate is for a seasonally adjusted annual rate of 1.55 million housing starts, 1% higher than the July level. Housing starts are down from their post–financial crisis peak of 1.725 million, reached in March of this year.</p>\n<p><b>Wednesday 9/22</b></p>\n<p><b>The FOMC announces</b>&nbsp;its monetary-policy decision. The Federal Reserve is likely to keep the federal-funds rate unchanged at near zero, but might signal that it will pare its asset purchases later this year.</p>\n<p>General Mills reports first-quarter fiscal-2022 results.</p>\n<p>Boston Scientific,Weyerhaeuser, and&nbsp;Yum China Holdings&nbsp;host their 2021 investor days.</p>\n<p><b>TheBank of Japan</b>&nbsp;announces its monetary-policy decision. The BOJ is widely expected to keep its key short-term interest rate unchanged at minus 0.1%, as Tokyo and other regions remain in a state of emergency through the end of September due to the Covid-19 Delta variant.</p>\n<p><b>The National Association</b>&nbsp;of Realtors reports existing-home sales for August. Expectations are for a seasonally adjusted annual rate of 578,000 homes sold, down 3.5%&nbsp;from July’s 599,000.</p>\n<p><b>Thursday 9/23</b></p>\n<p>Accenture, Costco Wholesale, Darden Restaurants, and Nike hold conference calls to discuss their quarterly results.</p>\n<p>Salesforce.com holds its 2021 investor day. CEO Marc Benioff and Slack CEO Stewart Butterfield will be among the participants. Salesforce completed its $28 billion acquisition of Slack this summer.</p>\n<p><b>The Conference Board</b>&nbsp;releases its Leading Economic Index for August. Economists forecast a 0.5% month-over-month rise, after a 0.9% increase in July. The Conference Board currently projects 6% gross-domestic-product growth for 2021, and 4% for 2022.</p>\n<p><b>Friday 9/24</b></p>\n<p>Kansas City Southernhosts a special shareholder meeting to vote on a proposed merger withCanadian Pacific Railway.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nike, Costco, FedEx, Salesforce, and Other Stocks for Investors to Watch This Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNike, Costco, FedEx, Salesforce, and Other Stocks for Investors to Watch This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-20 06:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/nike-costco-fedex-salesforce-and-other-stocks-for-investors-to-watch-this-week-51632078208?mod=hp_LEAD_2><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The main event this week will be the Federal Reserve’s September policy meeting. Investors will also be watching for several corporate earnings releases, investor days, and the latest economic data.\n...</p>\n\n<a href=\"https://www.barrons.com/articles/nike-costco-fedex-salesforce-and-other-stocks-for-investors-to-watch-this-week-51632078208?mod=hp_LEAD_2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","NKE":"耐克","COST":"好市多","ADBE":"Adobe","CRM":"赛富时","FDX":"联邦快递"},"source_url":"https://www.barrons.com/articles/nike-costco-fedex-salesforce-and-other-stocks-for-investors-to-watch-this-week-51632078208?mod=hp_LEAD_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194891884","content_text":"The main event this week will be the Federal Reserve’s September policy meeting. Investors will also be watching for several corporate earnings releases, investor days, and the latest economic data.\nLennar reports quarterly earnings on Monday, followed by results from Adobe, AutoZone, and FedEx on Tuesday. General Mills goes on Wednesday, then Nike, Accenture, Costco Wholesale, and Darden Restaurants report on Thursday. Investor days this week include Biogen on Tuesday, Weyerhaeuser on Wednesday, and Salesforce.com on Thursday.\nThe Federal Reserve’s monetary policy committee meets on Tuesday and Wednesday this week. The central bank is unlikely to change its target interest rate range, but could give an update on its plans to begin reducing its monthly asset purchases. Wednesday afternoon’s press conference with Fed chair Jerome Powell will be closely watched.\nEconomic data out this week include the Conference Board’s Leading Economic Index for August on Thursday. There will also be several updates on the U.S. housing market including the National Association of Home Builders’ Housing Market Index for September on Monday, the Census Bureau’s new residential construction data for August on Tuesday, and the National Association of Realtors’ existing-home sales for August on Wednesday.\nMonday 9/20\nLennar reports third-quarter fiscal-2021 results.\nMerck presents data on its portfolio of cancer drugs, in conjunction with the European Society for Medical Oncology’s 2021 Congress.\nThe National Association of Home Builders releases its Housing Market Index for September. Economists forecast a 73 reading, two points below August’s figure, which was the lowest in more than a year.\nTuesday 9/21\nAdobe, AutoZone, and FedEx release earnings.\nBiogen hosts an investor day to discuss its pipeline of neuroscience therapeutics.\nThe Census Bureau reports on new residential construction for August. Consensus estimate is for a seasonally adjusted annual rate of 1.55 million housing starts, 1% higher than the July level. Housing starts are down from their post–financial crisis peak of 1.725 million, reached in March of this year.\nWednesday 9/22\nThe FOMC announces its monetary-policy decision. The Federal Reserve is likely to keep the federal-funds rate unchanged at near zero, but might signal that it will pare its asset purchases later this year.\nGeneral Mills reports first-quarter fiscal-2022 results.\nBoston Scientific,Weyerhaeuser, and Yum China Holdings host their 2021 investor days.\nTheBank of Japan announces its monetary-policy decision. The BOJ is widely expected to keep its key short-term interest rate unchanged at minus 0.1%, as Tokyo and other regions remain in a state of emergency through the end of September due to the Covid-19 Delta variant.\nThe National Association of Realtors reports existing-home sales for August. Expectations are for a seasonally adjusted annual rate of 578,000 homes sold, down 3.5% from July’s 599,000.\nThursday 9/23\nAccenture, Costco Wholesale, Darden Restaurants, and Nike hold conference calls to discuss their quarterly results.\nSalesforce.com holds its 2021 investor day. CEO Marc Benioff and Slack CEO Stewart Butterfield will be among the participants. Salesforce completed its $28 billion acquisition of Slack this summer.\nThe Conference Board releases its Leading Economic Index for August. Economists forecast a 0.5% month-over-month rise, after a 0.9% increase in July. The Conference Board currently projects 6% gross-domestic-product growth for 2021, and 4% for 2022.\nFriday 9/24\nKansas City Southernhosts a special shareholder meeting to vote on a proposed merger withCanadian Pacific Railway.","news_type":1},"isVote":1,"tweetType":1,"viewCount":545,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":884654662,"gmtCreate":1631889039556,"gmtModify":1632805545390,"author":{"id":"3569227954325701","authorId":"3569227954325701","name":"Seuna","avatar":"https://static.tigerbbs.com/0bfb6c0f011a65d66aae3afb6132a82d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569227954325701","authorIdStr":"3569227954325701"},"themes":[],"htmlText":"Yay","listText":"Yay","text":"Yay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/884654662","repostId":"2168002520","repostType":4,"isVote":1,"tweetType":1,"viewCount":213,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":885832797,"gmtCreate":1631774343119,"gmtModify":1631891679571,"author":{"id":"3569227954325701","authorId":"3569227954325701","name":"Seuna","avatar":"https://static.tigerbbs.com/0bfb6c0f011a65d66aae3afb6132a82d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569227954325701","authorIdStr":"3569227954325701"},"themes":[],"htmlText":"Lile","listText":"Lile","text":"Lile","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/885832797","repostId":"2167162125","repostType":4,"repost":{"id":"2167162125","kind":"news","pubTimestamp":1631767835,"share":"https://www.laohu8.com/m/news/2167162125?lang=&edition=full","pubTime":"2021-09-16 12:50","market":"sg","language":"en","title":"DBS Private Bank's AUM for in-house managed products double over year to $10 billion","url":"https://stock-news.laohu8.com/highlight/detail?id=2167162125","media":"The Straits Times","summary":"SINGAPORE (THE BUSINESS TIMES) - DBS Private Bank on Thursday (Sept 16) said its client assets under","content":"<div>\n<p>SINGAPORE (THE BUSINESS TIMES) - DBS Private Bank on Thursday (Sept 16) said its client assets under management (AUM) for its in-house managed investment products has more than doubled to $10 billion ...</p>\n\n<a href=\"http://www.straitstimes.com/business/banking/dbs-private-banks-aum-for-in-house-managed-products-double-over-year-to-10-billion\">Web Link</a>\n\n</div>\n","source":"straits_highlight","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>DBS Private Bank's AUM for in-house managed products double over year to $10 billion</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; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDBS Private Bank's AUM for in-house managed products double over year to $10 billion\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-16 12:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/banking/dbs-private-banks-aum-for-in-house-managed-products-double-over-year-to-10-billion><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SINGAPORE (THE BUSINESS TIMES) - DBS Private Bank on Thursday (Sept 16) said its client assets under management (AUM) for its in-house managed investment products has more than doubled to $10 billion ...</p>\n\n<a href=\"http://www.straitstimes.com/business/banking/dbs-private-banks-aum-for-in-house-managed-products-double-over-year-to-10-billion\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"D05.SI":"星展集团控股"},"source_url":"http://www.straitstimes.com/business/banking/dbs-private-banks-aum-for-in-house-managed-products-double-over-year-to-10-billion","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2167162125","content_text":"SINGAPORE (THE BUSINESS TIMES) - DBS Private Bank on Thursday (Sept 16) said its client assets under management (AUM) for its in-house managed investment products has more than doubled to $10 billion over the past year.\nThe demand surge reflects \"buoyant client confidence\" in the bank's investment views, DBS Private Bank said in a statement on Thursday (Sept 16).\nThe AUM include $550 million raised by two recent additions to the bank's offering, namely the DBS I.D.E.A Fund and the DBS ESG Focus Note, which were rolled out in July.\nThe DBS I.D.E.A Fund comprises some 50 stocks globally, spanning 20 themes including blockchain, big data, artificial intelligence and robotics, among others. It is rated \"A\" by MSCI ESG Ratings.\nDBS ESG Focus Note, on the other hand, comprises at least 80 bonds issued by global companies with good environmental, social and corporate governance (ESG) ratings and from across a range of industries. The portfolio aims to harness incremental yields from these bonds and provide quarterly distributions to investors.\n\"Since 2018, we have successfully launched various ESG outperformance structures in the equity space, giving clients exposure to companies that score well based on MSCI ESG scoring methodology,\" said Ms Audra Seah, head of investment advisory and capital market products at DBS Private Bank.\n\"We foresee continued strong interest as more clients come to appreciate the benefits of ESG investing, and have thus created the DBS ESG Focus Note as a means for them to extend their participation in sustainable investments to the fixed income part of their portfolios,\" she added.\nAll in-house managed investment products offered by the bank are designed with sustainability at their core, rated \"BBB\" and above based on MSCI ESG Ratings, and are designed by the bank's chief investment office (CIO) and product solutions teams.\nDBS Private Bank said its growing suite of managed investment products reflects its CIO's high-conviction strategies, and aims to play a larger role in the overall construction of portfolio for clients seeking long-term capital appreciation as well as income generation.\nIts first in-house managed investment product was globally diversified fixed income solution DBS Global Income Note, which the bank said has generated an annualised 7 per cent return since inception, as at the end of last month.\nThe bank's flagship DBS CIO Barbell Strategy Portfolio delivered 33 per cent returns as at the end of last month since its inception two years ago, representing a benchmark outperformance of 350 basis points.\nThese two solutions are each available to accredited investors at a minimum investment sum of US$50,000 (S$67,000).","news_type":1},"isVote":1,"tweetType":1,"viewCount":305,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":882354510,"gmtCreate":1631663673430,"gmtModify":1631891679572,"author":{"id":"3569227954325701","authorId":"3569227954325701","name":"Seuna","avatar":"https://static.tigerbbs.com/0bfb6c0f011a65d66aae3afb6132a82d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569227954325701","authorIdStr":"3569227954325701"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/882354510","repostId":"1148341685","repostType":4,"repost":{"id":"1148341685","kind":"news","pubTimestamp":1631660884,"share":"https://www.laohu8.com/m/news/1148341685?lang=&edition=full","pubTime":"2021-09-15 07:08","market":"us","language":"en","title":"U.S. stocks close lower on worries over recovery, corporate tax hikes","url":"https://stock-news.laohu8.com/highlight/detail?id=1148341685","media":"Reuters","summary":"NEW YORK (Reuters) - Wall Street lost ground on Tuesday as economic uncertainties and the increasing","content":"<p>NEW YORK (Reuters) - Wall Street lost ground on Tuesday as economic uncertainties and the increasing likelihood of a corporate tax rate hike dampened investor sentiment and prompted a broad sell-off despite signs of easing inflation.</p>\n<p>Optimism faded throughout the session, reversing an initial rally following the Labor Department’s consumer price index report. All three major U.S. stock indexes ended in negative territory in a reminder that September is a historically rough month for stocks.</p>\n<p>So far this month the S&amp;P 500 is down nearly 1.8% even as the benchmark index has gained over 18% since the beginning of the year.</p>\n<p>“There is a possibility that the market is simply ready to go through an overdue correction,” said Sam Stovall, chief investment strategist at CFRA Research in New York. “From a seasonality perspective, September tends to be the window dressing period for fund managers.”</p>\n<p>The advent of the highly contagious Delta COVID variant has driven an increase in bearish sentiment regarding the recovery from the global health crisis, and many now expect a substantial correction in stock markets by the end of the year.</p>\n<p>“We’re still in a corrective mode that people have been calling for months,” said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago. “Economic data points have been missing estimates, and that has coincided with the rise in the Delta variant.”</p>\n<p>The CPI report delivered a lower-than-consensus August reading, a deceleration that supports Federal Reserve Chairman Jerome Powell’s assertion that spiking inflation is transitory and calms market fears that the central bank will begin tightening monetary policy sooner than expected.</p>\n<p>U.S. Treasury yields dropped on the data, which pressured financial stocks, and investor favor pivoted back to growth at the expense of value. [US/]</p>\n<p>The long expected corporate tax hikes, to 26.5% from 21% if Democrats prevail, are coming nearer to fruition with U.S. President Joe Biden’s $3.5 trillion budget package inching closer to passage.</p>\n<p>The Dow Jones Industrial Average fell 292.06 points, or 0.84%, to 34,577.57; the S&amp;P 500 lost 25.68 points, or 0.57%, at 4,443.05; and the Nasdaq Composite dropped 67.82 points, or 0.45%, to 15,037.76.</p>\n<p>All 11 major sectors in the S&amp;P 500 ended the session red, with energy and financials suffering the largest percentage drops.</p>\n<p>Apple Inc unveiled its iPhone 13 and added new features to its iPad and Apple Watch gadgets in its biggest product launch event of the year as the company faces increased scrutiny in the courts over its business practices. Its shares closed down 1.0% and were the heaviest drag on the S&amp;P 500 and the Nasdaq.</p>\n<p>Intuit Inc gained 1.9% following the TurboTax maker’s announcement that it would acquire digital marketing company Mailchimp for $12 billion.</p>\n<p>CureVac slid 8.0% after the German biotechnology company canceled manufacturing deals for its experimental COVID-19 vaccine.</p>\n<p>Declining issues outnumbered advancing ones on the NYSE by a 2.25-to-1 ratio; on Nasdaq, a 2.40-to-1 ratio favored decliners.</p>\n<p>The S&amp;P 500 posted two new 52-week highs and two new lows; the Nasdaq Composite recorded 50 new highs and 107 new lows.</p>\n<p>Volume on U.S. exchanges was 10.07 billion shares, compared with the 9.38 billion average over the last 20 trading days.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. stocks close lower on worries over recovery, corporate tax hikes</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\">\nU.S. stocks close lower on worries over recovery, corporate tax hikes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-15 07:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/usa-stocks/u-s-stocks-close-lower-on-worries-over-recovery-corporate-tax-hikes-idUSKBN2GA0W9><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (Reuters) - Wall Street lost ground on Tuesday as economic uncertainties and the increasing likelihood of a corporate tax rate hike dampened investor sentiment and prompted a broad sell-off ...</p>\n\n<a href=\"https://www.reuters.com/article/usa-stocks/u-s-stocks-close-lower-on-worries-over-recovery-corporate-tax-hikes-idUSKBN2GA0W9\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.reuters.com/article/usa-stocks/u-s-stocks-close-lower-on-worries-over-recovery-corporate-tax-hikes-idUSKBN2GA0W9","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148341685","content_text":"NEW YORK (Reuters) - Wall Street lost ground on Tuesday as economic uncertainties and the increasing likelihood of a corporate tax rate hike dampened investor sentiment and prompted a broad sell-off despite signs of easing inflation.\nOptimism faded throughout the session, reversing an initial rally following the Labor Department’s consumer price index report. All three major U.S. stock indexes ended in negative territory in a reminder that September is a historically rough month for stocks.\nSo far this month the S&P 500 is down nearly 1.8% even as the benchmark index has gained over 18% since the beginning of the year.\n“There is a possibility that the market is simply ready to go through an overdue correction,” said Sam Stovall, chief investment strategist at CFRA Research in New York. “From a seasonality perspective, September tends to be the window dressing period for fund managers.”\nThe advent of the highly contagious Delta COVID variant has driven an increase in bearish sentiment regarding the recovery from the global health crisis, and many now expect a substantial correction in stock markets by the end of the year.\n“We’re still in a corrective mode that people have been calling for months,” said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago. “Economic data points have been missing estimates, and that has coincided with the rise in the Delta variant.”\nThe CPI report delivered a lower-than-consensus August reading, a deceleration that supports Federal Reserve Chairman Jerome Powell’s assertion that spiking inflation is transitory and calms market fears that the central bank will begin tightening monetary policy sooner than expected.\nU.S. Treasury yields dropped on the data, which pressured financial stocks, and investor favor pivoted back to growth at the expense of value. [US/]\nThe long expected corporate tax hikes, to 26.5% from 21% if Democrats prevail, are coming nearer to fruition with U.S. President Joe Biden’s $3.5 trillion budget package inching closer to passage.\nThe Dow Jones Industrial Average fell 292.06 points, or 0.84%, to 34,577.57; the S&P 500 lost 25.68 points, or 0.57%, at 4,443.05; and the Nasdaq Composite dropped 67.82 points, or 0.45%, to 15,037.76.\nAll 11 major sectors in the S&P 500 ended the session red, with energy and financials suffering the largest percentage drops.\nApple Inc unveiled its iPhone 13 and added new features to its iPad and Apple Watch gadgets in its biggest product launch event of the year as the company faces increased scrutiny in the courts over its business practices. Its shares closed down 1.0% and were the heaviest drag on the S&P 500 and the Nasdaq.\nIntuit Inc gained 1.9% following the TurboTax maker’s announcement that it would acquire digital marketing company Mailchimp for $12 billion.\nCureVac slid 8.0% after the German biotechnology company canceled manufacturing deals for its experimental COVID-19 vaccine.\nDeclining issues outnumbered advancing ones on the NYSE by a 2.25-to-1 ratio; on Nasdaq, a 2.40-to-1 ratio favored decliners.\nThe S&P 500 posted two new 52-week highs and two new lows; the Nasdaq Composite recorded 50 new highs and 107 new lows.\nVolume on U.S. exchanges was 10.07 billion shares, compared with the 9.38 billion average over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":202,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":886042285,"gmtCreate":1631541223547,"gmtModify":1631891679578,"author":{"id":"3569227954325701","authorId":"3569227954325701","name":"Seuna","avatar":"https://static.tigerbbs.com/0bfb6c0f011a65d66aae3afb6132a82d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569227954325701","authorIdStr":"3569227954325701"},"themes":[],"htmlText":"Likey","listText":"Likey","text":"Likey","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/886042285","repostId":"1112189353","repostType":4,"repost":{"id":"1112189353","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":1631540038,"share":"https://www.laohu8.com/m/news/1112189353?lang=&edition=full","pubTime":"2021-09-13 21:33","market":"us","language":"en","title":"U.S. stocks open solidly higher Monday following worst weekly decline in about 3 months","url":"https://stock-news.laohu8.com/highlight/detail?id=1112189353","media":"Tiger Newspress","summary":"The Dow Jones Industrial Average gained Monday as U.S. stock indexes rebounded from a losing streak.","content":"<p>The Dow Jones Industrial Average gained Monday as U.S. stock indexes rebounded from a losing streak.</p>\n<p>The Dow jumped about 240 points, or 0.7%. The S&amp;P 500 gained 0.7% and the Nasdaq Composite added 0.6%.</p>\n<p><img src=\"https://static.tigerbbs.com/99d05df35cd84a09bab95f1d02ff1457\" tg-width=\"1052\" tg-height=\"446\" referrerpolicy=\"no-referrer\"></p>\n<p>The bounce comes after the Dow and S&amp;P posting a fifth straight day of losses, while the Nasdaq Composite registered its third consecutive negative session. For the S&amp;P 500, that was its worst losing streak since February 22.</p>\n<p>\"With supply chain disruptions, COVID-19 variant risk, stickier than expected inflation along with other uncertainties that challenge the present recovery's path toward a sustainable economic expansion the age old adage 'progress not perfection' among current developments appears best suited for investors to focus on for now,\" Oppenheimer's John Stoltzfus said in a note Monday.</p>\n<p>Covid cases appear to be trending lower in the U.S. with a 7-day average through Friday of about 136,000, down from 157,000 average new cases at the end of August, according to the CDC. Pfizer's Covid vaccine could be&nbsp;authorized for children by the end of next month, sources familiar told Reuters.</p>\n<p>Names linked to the reopening led the gains in premarket trading. Delta Air Lines and United Airlines shares gained. Carnival Corp edged higher. Traditional cyclical plays GM and Citigroup rose. MGM shares rose after an&nbsp;upgrade by Bernstein to outperform.</p>\n<p>\"Vaccinations plus immunity should mean cases eventually fall. Full reopening and related spending has been pushed out,\" wrote UBS strategist Keith Parker, who sees the S&amp;P 500 gaining another 4% through year-end.</p>\n<p>Traditional cyclical plays GM and Citigroup rose Monday. MGM shares rose after an&nbsp;upgrade by Bernstein to outperform.</p>\n<p>Tech shares gained as well. Apple moved higher ahead of a&nbsp;launch event Tuesday&nbsp;where the company is expected to introduce new iPhones.</p>\n<p>Nike shares ticked lower after&nbsp;BTIG downgraded the stock&nbsp;citing supply chain challenges caused by the pandemic. Production issues could significantly impact Nike’s holiday sales, BTIG said.</p>\n<p>“Supply bottlenecks, inventory shortages, higher commodity prices, and higher shipping rates have all contributed to higher input costs,” noted Charlie Ripley, senior investment strategist for Allianz Investment Management.</p>\n<p>Inflation fears have contributed to the market’s recent losses. Data released Friday showed that&nbsp;producer prices rose&nbsp;0.7% in August and 8.3% year over year, which was the biggest annual increase since records were first kept in November 2010.</p>\n<p>″[Friday’s] data on wholesale prices should be eye-opening for the Fed, as inflation pressures still don’t appear to be easing and will likely continue to be felt by the consumer in the coming months,” Ripley said.</p>\n<p>The closely watched consumer price index will be released on Tuesday, at which point the Street will see how much of the heightened costs are being passed along to consumers. Economists surveyed by FactSet are expecting the reading to show that consumer prices jumped&nbsp;5.3% on an annual pacein August. Retail sales data will be released later in the week.</p>\n<p>Stocks have been under pressure since&nbsp;August’s jobs report, released by the Labor Department on September 3, missed expectations. Worries are rippling through the market that the pandemic will continue to hamper economic growth while hot inflation will prompt the Federal Reserve to take action.</p>\n<p>“The negative impact of the delta variant on the cyclical trade is clear,” noted strategists at Jefferies. “It is increasingly evident that the impact of delta has delayed any Federal Reserve attempt at tapering, just as it has given fresh momentum to the Big Tech stocks with growth outperforming value so far this quarter.”</p>\n<p>The Fed will begin its two-day policy meeting on September 21, where investors will be looking for clues about the central bank’s bond-buying program.</p>\n<p>Despite last week’s losses, the major averages are still relatively close to their record levels. the Dow is about 2% from its all-time high, while the S&amp;P 500 and Nasdaq Composite are under 2% below their high-water marks.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. stocks open solidly higher Monday following worst weekly decline in about 3 months</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\">\nU.S. stocks open solidly higher Monday following worst weekly decline in about 3 months\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-09-13 21:33</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>The Dow Jones Industrial Average gained Monday as U.S. stock indexes rebounded from a losing streak.</p>\n<p>The Dow jumped about 240 points, or 0.7%. The S&amp;P 500 gained 0.7% and the Nasdaq Composite added 0.6%.</p>\n<p><img src=\"https://static.tigerbbs.com/99d05df35cd84a09bab95f1d02ff1457\" tg-width=\"1052\" tg-height=\"446\" referrerpolicy=\"no-referrer\"></p>\n<p>The bounce comes after the Dow and S&amp;P posting a fifth straight day of losses, while the Nasdaq Composite registered its third consecutive negative session. For the S&amp;P 500, that was its worst losing streak since February 22.</p>\n<p>\"With supply chain disruptions, COVID-19 variant risk, stickier than expected inflation along with other uncertainties that challenge the present recovery's path toward a sustainable economic expansion the age old adage 'progress not perfection' among current developments appears best suited for investors to focus on for now,\" Oppenheimer's John Stoltzfus said in a note Monday.</p>\n<p>Covid cases appear to be trending lower in the U.S. with a 7-day average through Friday of about 136,000, down from 157,000 average new cases at the end of August, according to the CDC. Pfizer's Covid vaccine could be&nbsp;authorized for children by the end of next month, sources familiar told Reuters.</p>\n<p>Names linked to the reopening led the gains in premarket trading. Delta Air Lines and United Airlines shares gained. Carnival Corp edged higher. Traditional cyclical plays GM and Citigroup rose. MGM shares rose after an&nbsp;upgrade by Bernstein to outperform.</p>\n<p>\"Vaccinations plus immunity should mean cases eventually fall. Full reopening and related spending has been pushed out,\" wrote UBS strategist Keith Parker, who sees the S&amp;P 500 gaining another 4% through year-end.</p>\n<p>Traditional cyclical plays GM and Citigroup rose Monday. MGM shares rose after an&nbsp;upgrade by Bernstein to outperform.</p>\n<p>Tech shares gained as well. Apple moved higher ahead of a&nbsp;launch event Tuesday&nbsp;where the company is expected to introduce new iPhones.</p>\n<p>Nike shares ticked lower after&nbsp;BTIG downgraded the stock&nbsp;citing supply chain challenges caused by the pandemic. Production issues could significantly impact Nike’s holiday sales, BTIG said.</p>\n<p>“Supply bottlenecks, inventory shortages, higher commodity prices, and higher shipping rates have all contributed to higher input costs,” noted Charlie Ripley, senior investment strategist for Allianz Investment Management.</p>\n<p>Inflation fears have contributed to the market’s recent losses. Data released Friday showed that&nbsp;producer prices rose&nbsp;0.7% in August and 8.3% year over year, which was the biggest annual increase since records were first kept in November 2010.</p>\n<p>″[Friday’s] data on wholesale prices should be eye-opening for the Fed, as inflation pressures still don’t appear to be easing and will likely continue to be felt by the consumer in the coming months,” Ripley said.</p>\n<p>The closely watched consumer price index will be released on Tuesday, at which point the Street will see how much of the heightened costs are being passed along to consumers. Economists surveyed by FactSet are expecting the reading to show that consumer prices jumped&nbsp;5.3% on an annual pacein August. Retail sales data will be released later in the week.</p>\n<p>Stocks have been under pressure since&nbsp;August’s jobs report, released by the Labor Department on September 3, missed expectations. Worries are rippling through the market that the pandemic will continue to hamper economic growth while hot inflation will prompt the Federal Reserve to take action.</p>\n<p>“The negative impact of the delta variant on the cyclical trade is clear,” noted strategists at Jefferies. “It is increasingly evident that the impact of delta has delayed any Federal Reserve attempt at tapering, just as it has given fresh momentum to the Big Tech stocks with growth outperforming value so far this quarter.”</p>\n<p>The Fed will begin its two-day policy meeting on September 21, where investors will be looking for clues about the central bank’s bond-buying program.</p>\n<p>Despite last week’s losses, the major averages are still relatively close to their record levels. the Dow is about 2% from its all-time high, while the S&amp;P 500 and Nasdaq Composite are under 2% below their high-water marks.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1112189353","content_text":"The Dow Jones Industrial Average gained Monday as U.S. stock indexes rebounded from a losing streak.\nThe Dow jumped about 240 points, or 0.7%. The S&P 500 gained 0.7% and the Nasdaq Composite added 0.6%.\n\nThe bounce comes after the Dow and S&P posting a fifth straight day of losses, while the Nasdaq Composite registered its third consecutive negative session. For the S&P 500, that was its worst losing streak since February 22.\n\"With supply chain disruptions, COVID-19 variant risk, stickier than expected inflation along with other uncertainties that challenge the present recovery's path toward a sustainable economic expansion the age old adage 'progress not perfection' among current developments appears best suited for investors to focus on for now,\" Oppenheimer's John Stoltzfus said in a note Monday.\nCovid cases appear to be trending lower in the U.S. with a 7-day average through Friday of about 136,000, down from 157,000 average new cases at the end of August, according to the CDC. Pfizer's Covid vaccine could be authorized for children by the end of next month, sources familiar told Reuters.\nNames linked to the reopening led the gains in premarket trading. Delta Air Lines and United Airlines shares gained. Carnival Corp edged higher. Traditional cyclical plays GM and Citigroup rose. MGM shares rose after an upgrade by Bernstein to outperform.\n\"Vaccinations plus immunity should mean cases eventually fall. Full reopening and related spending has been pushed out,\" wrote UBS strategist Keith Parker, who sees the S&P 500 gaining another 4% through year-end.\nTraditional cyclical plays GM and Citigroup rose Monday. MGM shares rose after an upgrade by Bernstein to outperform.\nTech shares gained as well. Apple moved higher ahead of a launch event Tuesday where the company is expected to introduce new iPhones.\nNike shares ticked lower after BTIG downgraded the stock citing supply chain challenges caused by the pandemic. Production issues could significantly impact Nike’s holiday sales, BTIG said.\n“Supply bottlenecks, inventory shortages, higher commodity prices, and higher shipping rates have all contributed to higher input costs,” noted Charlie Ripley, senior investment strategist for Allianz Investment Management.\nInflation fears have contributed to the market’s recent losses. Data released Friday showed that producer prices rose 0.7% in August and 8.3% year over year, which was the biggest annual increase since records were first kept in November 2010.\n″[Friday’s] data on wholesale prices should be eye-opening for the Fed, as inflation pressures still don’t appear to be easing and will likely continue to be felt by the consumer in the coming months,” Ripley said.\nThe closely watched consumer price index will be released on Tuesday, at which point the Street will see how much of the heightened costs are being passed along to consumers. Economists surveyed by FactSet are expecting the reading to show that consumer prices jumped 5.3% on an annual pacein August. Retail sales data will be released later in the week.\nStocks have been under pressure since August’s jobs report, released by the Labor Department on September 3, missed expectations. Worries are rippling through the market that the pandemic will continue to hamper economic growth while hot inflation will prompt the Federal Reserve to take action.\n“The negative impact of the delta variant on the cyclical trade is clear,” noted strategists at Jefferies. “It is increasingly evident that the impact of delta has delayed any Federal Reserve attempt at tapering, just as it has given fresh momentum to the Big Tech stocks with growth outperforming value so far this quarter.”\nThe Fed will begin its two-day policy meeting on September 21, where investors will be looking for clues about the central bank’s bond-buying program.\nDespite last week’s losses, the major averages are still relatively close to their record levels. the Dow is about 2% from its all-time high, while the S&P 500 and Nasdaq Composite are under 2% below their high-water marks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":184,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":881416656,"gmtCreate":1631375538575,"gmtModify":1631891679578,"author":{"id":"3569227954325701","authorId":"3569227954325701","name":"Seuna","avatar":"https://static.tigerbbs.com/0bfb6c0f011a65d66aae3afb6132a82d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569227954325701","authorIdStr":"3569227954325701"},"themes":[],"htmlText":"Fome","listText":"Fome","text":"Fome","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/881416656","repostId":"2166375995","repostType":4,"isVote":1,"tweetType":1,"viewCount":421,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":881418963,"gmtCreate":1631375460252,"gmtModify":1631891679582,"author":{"id":"3569227954325701","authorId":"3569227954325701","name":"Seuna","avatar":"https://static.tigerbbs.com/0bfb6c0f011a65d66aae3afb6132a82d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569227954325701","authorIdStr":"3569227954325701"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/881418963","repostId":"1151643560","repostType":4,"repost":{"id":"1151643560","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1631323984,"share":"https://www.laohu8.com/m/news/1151643560?lang=&edition=full","pubTime":"2021-09-11 09:33","market":"us","language":"en","title":"Apple Charts Big Plans For Apple TV+, Including Taking On Netflix, Disney+ and Amazon Prime","url":"https://stock-news.laohu8.com/highlight/detail?id=1151643560","media":"Benzinga","summary":"Apple Inc, which possesses disruptive potential in any sector it moves into, is making a big push in","content":"<p><b>Apple&nbsp;Inc</b>, which possesses disruptive potential in any sector it moves&nbsp;into, is making a big push into the streaming sector.</p>\n<p>Apple plans to increase the number of new TV shows and movies to at least one a week on its Apple TV+ streaming service, the Information reported, citing people familiar with the matter.</p>\n<p>The company is also reportedly planning to increase its marketing spend on Apple TV+ to more than&nbsp;$500 million in 2021.</p>\n<p>Apple is planning to set aside some of the budget to bring a dedicated Apple TV+ button to remotes from other manufacturers, similar to its arrangement with&nbsp;<b>Roku, Inc.</b>, the report said.</p>\n<p>Cupertino launched&nbsp;Apple TV+,an ad-free subscription video-on-demand streaming service,&nbsp;in November&nbsp;2019. The content of the service can be viewed through the company's website as well as through the Apple TV+ app.</p>\n<p>Apple TV+ subscriptions at the end of 2020 were around 40 million, the report said. About half of them were paying subscribers, while the others were on some sort of free trials, the report added.</p>\n<p>The company had also considered introducing a low-cost Apple TV+&nbsp; hardware dongle accessory but had eventually decided against it.</p>\n<p><b>Why It's Important:</b>Apple's competitive positioning in streaming is not very attractive.</p>\n<p><b>Walt Disney Co.'s</b>,which was launched around the same time as Apple&nbsp;TV+, had about 116 million subscribers as of July 3.</p>\n<p>Streaming giant&nbsp;<b>Netflix&nbsp;Inc</b>&nbsp;had 209 million subscribers at the end of the second quarter.<b>Amazon.com,&nbsp;Inc.</b>&nbsp;<b>Prime</b>&nbsp;subscriptions, which also include access to the e-commerce giant's Prime Video streaming service, hit 200 million globally in April.</p>\n<p>Apple has priced its Apple TV+ competitively to the established players in the industry. An Apple TV+ subscription comes free of cost for seven&nbsp;days and then goes up to&nbsp;$4.99 per month. Alternatively, a subscriber buying an eligible Apple device gets three&nbsp;months of free viewing.</p>\n<p>Netflix's basic plan is priced at $8.99 per month and Disney Plus comes for $7.99 a month, or $79.99 for a year's service.</p>\n<p>As Apple trails the rest in the streaming industry, the speculated moves make sense in order for Cupertino to stay alive and thriving.</p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Charts Big Plans For Apple TV+, Including Taking On Netflix, Disney+ and Amazon Prime</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Charts Big Plans For Apple TV+, Including Taking On Netflix, Disney+ and Amazon Prime\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-09-11 09:33</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p><b>Apple&nbsp;Inc</b>, which possesses disruptive potential in any sector it moves&nbsp;into, is making a big push into the streaming sector.</p>\n<p>Apple plans to increase the number of new TV shows and movies to at least one a week on its Apple TV+ streaming service, the Information reported, citing people familiar with the matter.</p>\n<p>The company is also reportedly planning to increase its marketing spend on Apple TV+ to more than&nbsp;$500 million in 2021.</p>\n<p>Apple is planning to set aside some of the budget to bring a dedicated Apple TV+ button to remotes from other manufacturers, similar to its arrangement with&nbsp;<b>Roku, Inc.</b>, the report said.</p>\n<p>Cupertino launched&nbsp;Apple TV+,an ad-free subscription video-on-demand streaming service,&nbsp;in November&nbsp;2019. The content of the service can be viewed through the company's website as well as through the Apple TV+ app.</p>\n<p>Apple TV+ subscriptions at the end of 2020 were around 40 million, the report said. About half of them were paying subscribers, while the others were on some sort of free trials, the report added.</p>\n<p>The company had also considered introducing a low-cost Apple TV+&nbsp; hardware dongle accessory but had eventually decided against it.</p>\n<p><b>Why It's Important:</b>Apple's competitive positioning in streaming is not very attractive.</p>\n<p><b>Walt Disney Co.'s</b>,which was launched around the same time as Apple&nbsp;TV+, had about 116 million subscribers as of July 3.</p>\n<p>Streaming giant&nbsp;<b>Netflix&nbsp;Inc</b>&nbsp;had 209 million subscribers at the end of the second quarter.<b>Amazon.com,&nbsp;Inc.</b>&nbsp;<b>Prime</b>&nbsp;subscriptions, which also include access to the e-commerce giant's Prime Video streaming service, hit 200 million globally in April.</p>\n<p>Apple has priced its Apple TV+ competitively to the established players in the industry. An Apple TV+ subscription comes free of cost for seven&nbsp;days and then goes up to&nbsp;$4.99 per month. Alternatively, a subscriber buying an eligible Apple device gets three&nbsp;months of free viewing.</p>\n<p>Netflix's basic plan is priced at $8.99 per month and Disney Plus comes for $7.99 a month, or $79.99 for a year's service.</p>\n<p>As Apple trails the rest in the streaming industry, the speculated moves make sense in order for Cupertino to stay alive and thriving.</p>\n<p></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151643560","content_text":"Apple Inc, which possesses disruptive potential in any sector it moves into, is making a big push into the streaming sector.\nApple plans to increase the number of new TV shows and movies to at least one a week on its Apple TV+ streaming service, the Information reported, citing people familiar with the matter.\nThe company is also reportedly planning to increase its marketing spend on Apple TV+ to more than $500 million in 2021.\nApple is planning to set aside some of the budget to bring a dedicated Apple TV+ button to remotes from other manufacturers, similar to its arrangement with Roku, Inc., the report said.\nCupertino launched Apple TV+,an ad-free subscription video-on-demand streaming service, in November 2019. The content of the service can be viewed through the company's website as well as through the Apple TV+ app.\nApple TV+ subscriptions at the end of 2020 were around 40 million, the report said. About half of them were paying subscribers, while the others were on some sort of free trials, the report added.\nThe company had also considered introducing a low-cost Apple TV+  hardware dongle accessory but had eventually decided against it.\nWhy It's Important:Apple's competitive positioning in streaming is not very attractive.\nWalt Disney Co.'s,which was launched around the same time as Apple TV+, had about 116 million subscribers as of July 3.\nStreaming giant Netflix Inc had 209 million subscribers at the end of the second quarter.Amazon.com, Inc. Prime subscriptions, which also include access to the e-commerce giant's Prime Video streaming service, hit 200 million globally in April.\nApple has priced its Apple TV+ competitively to the established players in the industry. An Apple TV+ subscription comes free of cost for seven days and then goes up to $4.99 per month. Alternatively, a subscriber buying an eligible Apple device gets three months of free viewing.\nNetflix's basic plan is priced at $8.99 per month and Disney Plus comes for $7.99 a month, or $79.99 for a year's service.\nAs Apple trails the rest in the streaming industry, the speculated moves make sense in order for Cupertino to stay alive and thriving.","news_type":1},"isVote":1,"tweetType":1,"viewCount":411,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":167695338,"gmtCreate":1624263742524,"gmtModify":1631891710359,"author":{"id":"3569227954325701","authorId":"3569227954325701","name":"Seuna","avatar":"https://static.tigerbbs.com/0bfb6c0f011a65d66aae3afb6132a82d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569227954325701","authorIdStr":"3569227954325701"},"themes":[],"htmlText":"Like and comment please","listText":"Like and comment please","text":"Like and comment please","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":5,"commentSize":17,"repostSize":0,"link":"https://laohu8.com/post/167695338","repostId":"1162827876","repostType":4,"isVote":1,"tweetType":1,"viewCount":275,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":129613076,"gmtCreate":1624370711795,"gmtModify":1631891710383,"author":{"id":"3569227954325701","authorId":"3569227954325701","name":"Seuna","avatar":"https://static.tigerbbs.com/0bfb6c0f011a65d66aae3afb6132a82d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569227954325701","authorIdStr":"3569227954325701"},"themes":[],"htmlText":"Like and comment please","listText":"Like and comment please","text":"Like and comment please","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":5,"commentSize":14,"repostSize":0,"link":"https://laohu8.com/post/129613076","repostId":"2145056554","repostType":4,"isVote":1,"tweetType":1,"viewCount":315,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":347553832,"gmtCreate":1618503371326,"gmtModify":1631887793962,"author":{"id":"3569227954325701","authorId":"3569227954325701","name":"Seuna","avatar":"https://static.tigerbbs.com/0bfb6c0f011a65d66aae3afb6132a82d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569227954325701","authorIdStr":"3569227954325701"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BNGO\">$Bionano Genomics(BNGO)$</a>There is nothing wrong with this stock. Just wsb trying to lower it as much as possible so they can buyin when impatient people sell. Genomics is important in the future of healthcare. Go read up what they have done and will be doing. Pentagon approves.","listText":"<a href=\"https://laohu8.com/S/BNGO\">$Bionano Genomics(BNGO)$</a>There is nothing wrong with this stock. Just wsb trying to lower it as much as possible so they can buyin when impatient people sell. Genomics is important in the future of healthcare. Go read up what they have done and will be doing. Pentagon approves.","text":"$Bionano Genomics(BNGO)$There is nothing wrong with this stock. Just wsb trying to lower it as much as possible so they can buyin when impatient people sell. Genomics is important in the future of healthcare. Go read up what they have done and will be doing. Pentagon approves.","images":[{"img":"https://static.tigerbbs.com/a3374fd491e0b43d868645f95f9651c1","width":"1125","height":"2183"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":15,"commentSize":8,"repostSize":0,"link":"https://laohu8.com/post/347553832","isVote":1,"tweetType":1,"viewCount":2339,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":829414612,"gmtCreate":1633533086805,"gmtModify":1633533125490,"author":{"id":"3569227954325701","authorId":"3569227954325701","name":"Seuna","avatar":"https://static.tigerbbs.com/0bfb6c0f011a65d66aae3afb6132a82d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569227954325701","authorIdStr":"3569227954325701"},"themes":[],"htmlText":"Lol","listText":"Lol","text":"Lol","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":14,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/829414612","repostId":"1132226534","repostType":4,"isVote":1,"tweetType":1,"viewCount":1317,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":165098808,"gmtCreate":1624079285504,"gmtModify":1631891710427,"author":{"id":"3569227954325701","authorId":"3569227954325701","name":"Seuna","avatar":"https://static.tigerbbs.com/0bfb6c0f011a65d66aae3afb6132a82d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569227954325701","authorIdStr":"3569227954325701"},"themes":[],"htmlText":"Like and comment please&nbsp;","listText":"Like and comment please&nbsp;","text":"Like and comment please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":7,"repostSize":0,"link":"https://laohu8.com/post/165098808","repostId":"1156696708","repostType":4,"repost":{"id":"1156696708","kind":"news","pubTimestamp":1624063306,"share":"https://www.laohu8.com/m/news/1156696708?lang=&edition=full","pubTime":"2021-06-19 08:41","market":"us","language":"en","title":"Dow falls more than 500 points to close out its worst week since October","url":"https://stock-news.laohu8.com/highlight/detail?id=1156696708","media":"cnbc","summary":"Stocks fell on Friday, with theDow Jones Industrial Averageposting its worst weekly loss since Octob","content":"<div>\n<p>Stocks fell on Friday, with theDow Jones Industrial Averageposting its worst weekly loss since October, as traders worried the Federal Reserve could start raising rates sooner than expected.\nThe blue-...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/17/stock-market-futures-open-to-close-news.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dow falls more than 500 points to close out its worst week since October</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDow falls more than 500 points to close out its worst week since October\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-19 08:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/17/stock-market-futures-open-to-close-news.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stocks fell on Friday, with theDow Jones Industrial Averageposting its worst weekly loss since October, as traders worried the Federal Reserve could start raising rates sooner than expected.\nThe blue-...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/17/stock-market-futures-open-to-close-news.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.cnbc.com/2021/06/17/stock-market-futures-open-to-close-news.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1156696708","content_text":"Stocks fell on Friday, with theDow Jones Industrial Averageposting its worst weekly loss since October, as traders worried the Federal Reserve could start raising rates sooner than expected.\nThe blue-chip average dropped 533.37 points, or 1.6%, to 33,290.08. TheS&P 500slid 1.3% to 4,166.45. Both the Dow and S&P 500 hit their session lows in the final minutes of trading and closed around those levels. TheNasdaq Compositeclosed 0.9% lower at 14,030.38. Economic comeback plays led the market losses.\nFor the week, the 30-stock Dow lost 3.5%. The S&P 500 and Nasdaq were down by 1.9% and 0.2%, respectively, week to date.\nSt. Louis Federal Reserve President Jim Bullardtold CNBC's \"Squawk Box\"on Friday it was natural for the Fed to tilt a little \"hawkish\" this week and that the first rate increase from the central bank would likely come in 2022. His comments came after the Fed on Wednesday added two rate hikes to its 2023 forecast and increased its inflation projection for the year, putting pressure on stock prices.\n\"The fear held by some investors is that if the Fed tightens policy sooner than expected to help cool inflationary pressures, this could weigh on future economic growth,\" Truist Advisory Services chief market strategist Keith Lerner said in a note. To be sure, he added it would be premature to give up on the so-called value trade right now.\nPockets of the market most sensitive to the economic rebound led the sell-off this week. The S&P 500 energy sector and industrials dropped 5.2% and 3.8%, respectively, for the week. Financials and materials meanwhile, lost more than 6% each. These groups had been market leaders this year on the back of the economic reopening.\nThe decline in stocks came as the Fed's actions caused a drastic flattening of the so-called Treasury yield curve. This means the yields of shorter-duration Treasurys — like the 2-year note — rose while longer-duration yields like the benchmark 10-year declined. The retreat in long-dated bond yields reflects less optimism toward economic growth, while the jump in short-end yields shows the expectations of the Fed raising rates.\nThis phenomenon hurt bank stocks particularly as their earnings could take a hit when the spread between short-term and long-term rates narrows. Bank of America and JPMorgan Chase shares on Friday lost more than 2% each. Citigroup fell by 1.8%, posting its 12th straight daily decline.\nFed Chairman Jerome Powell said Wednesday that officials have discussed tapering bond buying and would at some point begin slowing the asset purchases.\n\"This week's first whiff of an eventual change in Fed policy was a reminder that emergency monetary conditions and the free-money era will ultimately end,\" strategists at MRB Partners wrote in a note. \"We expect a series of incremental retreats from the Fed's benign inflation outlook in the coming months.\"\nCommodity prices were underpressure this weekas China attempted to cool rising prices and as the U.S. dollar strengthens. Copper, gold and platinum fell once again on Friday.\nFriday also coincided with the quarterly \"quadruple witching\" in which options and futures on indexes and equities expire. This event may have contributed to more volatile trading during the session.","news_type":1},"isVote":1,"tweetType":1,"viewCount":114,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":820098275,"gmtCreate":1633321549157,"gmtModify":1633321557118,"author":{"id":"3569227954325701","authorId":"3569227954325701","name":"Seuna","avatar":"https://static.tigerbbs.com/0bfb6c0f011a65d66aae3afb6132a82d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569227954325701","authorIdStr":"3569227954325701"},"themes":[],"htmlText":"Can","listText":"Can","text":"Can","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":13,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/820098275","repostId":"2172202963","repostType":4,"isVote":1,"tweetType":1,"viewCount":1172,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":155954073,"gmtCreate":1625371275592,"gmtModify":1631891710438,"author":{"id":"3569227954325701","authorId":"3569227954325701","name":"Seuna","avatar":"https://static.tigerbbs.com/0bfb6c0f011a65d66aae3afb6132a82d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569227954325701","authorIdStr":"3569227954325701"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/155954073","repostId":"1160702483","repostType":4,"isVote":1,"tweetType":1,"viewCount":220,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":186349932,"gmtCreate":1623475392226,"gmtModify":1631891710459,"author":{"id":"3569227954325701","authorId":"3569227954325701","name":"Seuna","avatar":"https://static.tigerbbs.com/0bfb6c0f011a65d66aae3afb6132a82d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569227954325701","authorIdStr":"3569227954325701"},"themes":[],"htmlText":"Like and comment please","listText":"Like and comment please","text":"Like and comment please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":7,"repostSize":0,"link":"https://laohu8.com/post/186349932","repostId":"2142204074","repostType":4,"isVote":1,"tweetType":1,"viewCount":116,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":105989628,"gmtCreate":1620263826964,"gmtModify":1631891710465,"author":{"id":"3569227954325701","authorId":"3569227954325701","name":"Seuna","avatar":"https://static.tigerbbs.com/0bfb6c0f011a65d66aae3afb6132a82d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569227954325701","authorIdStr":"3569227954325701"},"themes":[],"htmlText":"Comment like please","listText":"Comment like please","text":"Comment like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/105989628","repostId":"1139727517","repostType":4,"repost":{"id":"1139727517","kind":"news","pubTimestamp":1620263184,"share":"https://www.laohu8.com/m/news/1139727517?lang=&edition=full","pubTime":"2021-05-06 09:06","market":"us","language":"en","title":"Bezos sells nearly $2 billion worth of Amazon shares","url":"https://stock-news.laohu8.com/highlight/detail?id=1139727517","media":"CNBC","summary":"Amazon CEO Jeff Bezos has sold nearly $2 billion worth of Amazon stock in the past two days, according to securities filings.The sales come one week after Amazon reported first-quarter earnings results, trouncing Wall Street's expectations.Bezos sold roughly $684 million worth of Amazon shares on Tuesday, the filings show, after unloading about $1.27 billion worth of stock on Monday. That means he's sold about $1.95 billion worth of Amazon shares over the past two days.The transactions were made","content":"<div>\n<p>KEY POINTSAmazon CEO Jeff Bezos has sold nearly $2 billion worth of Amazon stock in the past two days, according to securities filings.The sales come one week after Amazon reported first-quarter ...</p>\n\n<a href=\"https://www.cnbc.com/2021/05/05/amazon-ceo-bezos-sells-nearly-2-billion-worth-of-amazon-shares.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","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>Bezos sells nearly $2 billion worth of Amazon shares</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBezos sells nearly $2 billion worth of Amazon shares\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-06 09:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/05/05/amazon-ceo-bezos-sells-nearly-2-billion-worth-of-amazon-shares.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSAmazon CEO Jeff Bezos has sold nearly $2 billion worth of Amazon stock in the past two days, according to securities filings.The sales come one week after Amazon reported first-quarter ...</p>\n\n<a href=\"https://www.cnbc.com/2021/05/05/amazon-ceo-bezos-sells-nearly-2-billion-worth-of-amazon-shares.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://www.cnbc.com/2021/05/05/amazon-ceo-bezos-sells-nearly-2-billion-worth-of-amazon-shares.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1139727517","content_text":"KEY POINTSAmazon CEO Jeff Bezos has sold nearly $2 billion worth of Amazon stock in the past two days, according to securities filings.The sales come one week after Amazon reported first-quarter earnings results, trouncing Wall Street's expectations.Amazon CEO Jeff Bezos this week sold nearly $2 billion worth of shares in his company, according to filings with the Securities and Exchange Commission compiled by OpenInsider.Bezos sold roughly $684 million worth of Amazon shares on Tuesday, the filings show, after unloading about $1.27 billion worth of stock on Monday. That means he's sold about $1.95 billion worth of Amazon shares over the past two days.The transactions were made as part of a prearranged 10b5-1 trading plan, according to the filings. Representatives from Amazon weren't immediately available to comment on the latest sale.The sales come one week after Amazon reportedfirst-quarter earnings results, trouncing Wall Street’s expectations as its business continues to be buoyed by the pandemic-fueled surge in e-commerce activity.Bezos has accelerated his stock sales in recent years, previously unloading nearly $4.1 billion worth of shares last February. Bezos sold more than$3 billion worth of Amazon shares last November.The Amazon founder previously said he’d sell about $1 billion in Amazon stock each year to fund his space exploration company, Blue Origin, which continues to grow and on Wednesdayannouncedit will launch its first astronaut crew to space this summer. Bezos also earmarked additional capital for the Day One Fund, the organization he launched in September 2018 to provide education in low-income communities and combat homelessness. Last November, the fund awarded $98.5 million in grants to 32 groups.These initiatives are expected to become a greater focus for Bezos once he steps down in the third quarter. Bezos will turn the helm over to AWS CEO Andy Jassy and assume the role of executive chairman on Amazon’s board.","news_type":1},"isVote":1,"tweetType":1,"viewCount":224,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":377774941,"gmtCreate":1619567834483,"gmtModify":1631891710475,"author":{"id":"3569227954325701","authorId":"3569227954325701","name":"Seuna","avatar":"https://static.tigerbbs.com/0bfb6c0f011a65d66aae3afb6132a82d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569227954325701","authorIdStr":"3569227954325701"},"themes":[],"htmlText":"Like and comment please","listText":"Like and comment please","text":"Like and comment please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":7,"repostSize":0,"link":"https://laohu8.com/post/377774941","repostId":"1124091974","repostType":4,"isVote":1,"tweetType":1,"viewCount":412,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":149959494,"gmtCreate":1625702470218,"gmtModify":1631891710494,"author":{"id":"3569227954325701","authorId":"3569227954325701","name":"Seuna","avatar":"https://static.tigerbbs.com/0bfb6c0f011a65d66aae3afb6132a82d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569227954325701","authorIdStr":"3569227954325701"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":15,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/149959494","repostId":"1176865752","repostType":4,"isVote":1,"tweetType":1,"viewCount":155,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":816547263,"gmtCreate":1630509653652,"gmtModify":1631891710438,"author":{"id":"3569227954325701","authorId":"3569227954325701","name":"Seuna","avatar":"https://static.tigerbbs.com/0bfb6c0f011a65d66aae3afb6132a82d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569227954325701","authorIdStr":"3569227954325701"},"themes":[],"htmlText":"Like comment lsl","listText":"Like comment lsl","text":"Like comment lsl","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/816547263","repostId":"1197062011","repostType":4,"repost":{"id":"1197062011","kind":"news","pubTimestamp":1630509567,"share":"https://www.laohu8.com/m/news/1197062011?lang=&edition=full","pubTime":"2021-09-01 23:19","market":"us","language":"en","title":"Why Wells Fargo Shares Are Trading Lower Today","url":"https://stock-news.laohu8.com/highlight/detail?id=1197062011","media":"Benzinga","summary":"Wells Fargo & Co is trading lower Wednesday on continued weakness after Bloomberg reported the compa","content":"<p><b>Wells Fargo &amp; Co</b>&nbsp;is trading lower Wednesday&nbsp;on continued weakness after Bloomberg reported the company could see regulatory action over the speed of its restitution payments.</p>\n<p>According to reports,&nbsp;regulators are signaling that they are&nbsp;still not satisfied with&nbsp;Wells Fargo's&nbsp;progress in compensating victims and shoring up controls after five years of scandals that already cost the bank more than $5 billion in fines and legal settlements.</p>\n<p>Wells Fargo announced today that it&nbsp;joined AutoFi’s North American network of automotive lenders&nbsp;to provide car buyers and dealers with fast and easy online sales and financing.</p>\n<p>Wells Fargo is one of the largest banks in the United States. The company is split into four primary segments including&nbsp;consumer banking, commercial banking, corporate and investment banking&nbsp;and wealth and investment management.</p>\n<p><b>WFC Price Action:</b>Wells Fargo has traded as high as $51.41 and as low as $20.76 over a 52-week period.</p>\n<p>The stock was down 3.07% at $44.28 at time of publication.</p>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Wells Fargo Shares Are Trading Lower Today</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Wells Fargo Shares Are Trading Lower Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-01 23:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/news/21/09/22762234/why-wells-fargo-shares-are-trading-lower-today><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Wells Fargo & Co is trading lower Wednesday on continued weakness after Bloomberg reported the company could see regulatory action over the speed of its restitution payments.\nAccording to reports, ...</p>\n\n<a href=\"https://www.benzinga.com/news/21/09/22762234/why-wells-fargo-shares-are-trading-lower-today\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WFC":"富国银行"},"source_url":"https://www.benzinga.com/news/21/09/22762234/why-wells-fargo-shares-are-trading-lower-today","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1197062011","content_text":"Wells Fargo & Co is trading lower Wednesday on continued weakness after Bloomberg reported the company could see regulatory action over the speed of its restitution payments.\nAccording to reports, regulators are signaling that they are still not satisfied with Wells Fargo's progress in compensating victims and shoring up controls after five years of scandals that already cost the bank more than $5 billion in fines and legal settlements.\nWells Fargo announced today that it joined AutoFi’s North American network of automotive lenders to provide car buyers and dealers with fast and easy online sales and financing.\nWells Fargo is one of the largest banks in the United States. The company is split into four primary segments including consumer banking, commercial banking, corporate and investment banking and wealth and investment management.\nWFC Price Action:Wells Fargo has traded as high as $51.41 and as low as $20.76 over a 52-week period.\nThe stock was down 3.07% at $44.28 at time of publication.","news_type":1},"isVote":1,"tweetType":1,"viewCount":243,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":835288714,"gmtCreate":1629720699938,"gmtModify":1631891710516,"author":{"id":"3569227954325701","authorId":"3569227954325701","name":"Seuna","avatar":"https://static.tigerbbs.com/0bfb6c0f011a65d66aae3afb6132a82d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569227954325701","authorIdStr":"3569227954325701"},"themes":[],"htmlText":"Comment please like","listText":"Comment please like","text":"Comment please like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/835288714","repostId":"2161747692","repostType":4,"isVote":1,"tweetType":1,"viewCount":130,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":830742076,"gmtCreate":1629102845495,"gmtModify":1631891710533,"author":{"id":"3569227954325701","authorId":"3569227954325701","name":"Seuna","avatar":"https://static.tigerbbs.com/0bfb6c0f011a65d66aae3afb6132a82d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569227954325701","authorIdStr":"3569227954325701"},"themes":[],"htmlText":"Like pls&nbsp;","listText":"Like pls&nbsp;","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":12,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/830742076","repostId":"1122515246","repostType":4,"repost":{"id":"1122515246","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1629102696,"share":"https://www.laohu8.com/m/news/1122515246?lang=&edition=full","pubTime":"2021-08-16 16:31","market":"other","language":"en","title":"Wish, Palantir, AMC, Clover Heealth, GameStop And More — Stocks On WallStreetBets Radar Heading Into New Week","url":"https://stock-news.laohu8.com/highlight/detail?id=1122515246","media":"Benzinga","summary":"Heading into a new trading week, ContextLogic Inc., Palantir Technologies Inc., AMC Entertainment an","content":"<p>Heading into a new trading week,&nbsp;<b><a href=\"https://laohu8.com/S/WISH\">ContextLogic Inc.</a></b>,&nbsp;<b><a href=\"https://laohu8.com/S/PLTR\">Palantir Technologies Inc.</a></b>,&nbsp;<b><a href=\"https://laohu8.com/S/AMC\">AMC Entertainment</a></b> and&nbsp;<b><a href=\"https://laohu8.com/S/CLOV\">Clover Health Corp</a></b> are&nbsp;among&nbsp;the stocksseeing the highest intereston Reddit’s r/WallStreetBets forum.</p>\n<p><b>What Happened</b>: Exchange-traded fund&nbsp;<b>S&amp;P SPDR 500 ETF Trust</b></p>\n<p>SPY&nbsp;is seeing the highest interest on the forum with 132 mentions, followed by e-commerce company ContextLogic with 51 mentions, data from Quiver Quantitative showed.</p>\n<p>Software company Palantir Technologies and movie theatre chain AMC Entertainment are in the third and fourth positions, having attracted 31 and 29 mentions, respectively.</p>\n<p>Apart from Medicare Advantage provider Clover Health, the other stocks that are trending on the forum include videogame retailer&nbsp;<b><a href=\"https://laohu8.com/S/GME\">GameStop</a></b>, aerospace and defense company<b>&nbsp;<a href=\"https://laohu8.com/S/LMT\">Lockheed Martin</a></b>, transportation and logistics company&nbsp;<b><a href=\"https://laohu8.com/S/R\">Ryder</a></b>, lithium-ion battery maker&nbsp;<b><a href=\"https://laohu8.com/S/MVST\">Microvast Holdings, Inc.</a> </b>and biotechnology company&nbsp;<b><a href=\"https://laohu8.com/S/PFE\">Pfizer</a></b><b>.</b></p>\n<p><b>Why It Matters</b>: ContextLogic’s shares fell almost 20% on Friday after the company received&nbsp;downgrades&nbsp;from Cowen and JPMorgan analysts following the announcement of worse-than-expected second-quarter financial results last Thursday.&nbsp;<b>Bank of America</b>&nbsp;analyst&nbsp;<b>Michael McGovern</b>&nbsp;also&nbsp;downgraded&nbsp;the company’s shares from Neutral to Underperform.</p>\n<p>AMC Entertainment is seeing high interest from retail investors. Aposton the WSB forum noted that the lower volatility and volume in AMC Entertainment’s shares is good news for the bulls as it indicates that the “bears have lost some steam.”</p>\n<p>Lockheed Martin is seeing high interest on the WSB forum after it wasreportedthat the President of Afghanistan<b>Ashraf Ghani</b>has fled his country as Taliban fighters entered the capital city of Kabul. The stock is seeing as benefiting from the turmoil in Afghanistan.</p>\n<p><b>Price Action</b>: <a href=\"https://laohu8.com/S/SPY.AU\">SPDR® S&amp;P 500® ETF Trust</a> shares closed almost 0.2% higher in Friday’s trading at $445.92, while ContextLogic shares closed almost 19.8% lower at $7.55.</p>\n<p>Palantir Technologies shares closed less than 0.1% higher in Friday’s trading session at $24.90.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wish, Palantir, AMC, Clover Heealth, GameStop And More — Stocks On WallStreetBets Radar Heading Into New Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWish, Palantir, AMC, Clover Heealth, GameStop And More — Stocks On WallStreetBets Radar Heading Into New Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-08-16 16:31</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Heading into a new trading week,&nbsp;<b><a href=\"https://laohu8.com/S/WISH\">ContextLogic Inc.</a></b>,&nbsp;<b><a href=\"https://laohu8.com/S/PLTR\">Palantir Technologies Inc.</a></b>,&nbsp;<b><a href=\"https://laohu8.com/S/AMC\">AMC Entertainment</a></b> and&nbsp;<b><a href=\"https://laohu8.com/S/CLOV\">Clover Health Corp</a></b> are&nbsp;among&nbsp;the stocksseeing the highest intereston Reddit’s r/WallStreetBets forum.</p>\n<p><b>What Happened</b>: Exchange-traded fund&nbsp;<b>S&amp;P SPDR 500 ETF Trust</b></p>\n<p>SPY&nbsp;is seeing the highest interest on the forum with 132 mentions, followed by e-commerce company ContextLogic with 51 mentions, data from Quiver Quantitative showed.</p>\n<p>Software company Palantir Technologies and movie theatre chain AMC Entertainment are in the third and fourth positions, having attracted 31 and 29 mentions, respectively.</p>\n<p>Apart from Medicare Advantage provider Clover Health, the other stocks that are trending on the forum include videogame retailer&nbsp;<b><a href=\"https://laohu8.com/S/GME\">GameStop</a></b>, aerospace and defense company<b>&nbsp;<a href=\"https://laohu8.com/S/LMT\">Lockheed Martin</a></b>, transportation and logistics company&nbsp;<b><a href=\"https://laohu8.com/S/R\">Ryder</a></b>, lithium-ion battery maker&nbsp;<b><a href=\"https://laohu8.com/S/MVST\">Microvast Holdings, Inc.</a> </b>and biotechnology company&nbsp;<b><a href=\"https://laohu8.com/S/PFE\">Pfizer</a></b><b>.</b></p>\n<p><b>Why It Matters</b>: ContextLogic’s shares fell almost 20% on Friday after the company received&nbsp;downgrades&nbsp;from Cowen and JPMorgan analysts following the announcement of worse-than-expected second-quarter financial results last Thursday.&nbsp;<b>Bank of America</b>&nbsp;analyst&nbsp;<b>Michael McGovern</b>&nbsp;also&nbsp;downgraded&nbsp;the company’s shares from Neutral to Underperform.</p>\n<p>AMC Entertainment is seeing high interest from retail investors. Aposton the WSB forum noted that the lower volatility and volume in AMC Entertainment’s shares is good news for the bulls as it indicates that the “bears have lost some steam.”</p>\n<p>Lockheed Martin is seeing high interest on the WSB forum after it wasreportedthat the President of Afghanistan<b>Ashraf Ghani</b>has fled his country as Taliban fighters entered the capital city of Kabul. The stock is seeing as benefiting from the turmoil in Afghanistan.</p>\n<p><b>Price Action</b>: <a href=\"https://laohu8.com/S/SPY.AU\">SPDR® S&amp;P 500® ETF Trust</a> shares closed almost 0.2% higher in Friday’s trading at $445.92, while ContextLogic shares closed almost 19.8% lower at $7.55.</p>\n<p>Palantir Technologies shares closed less than 0.1% higher in Friday’s trading session at $24.90.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY.AU":"SPDR® S&P 500® ETF Trust","PLTR":"Palantir Technologies Inc.","CLOV":"Clover Health Corp"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122515246","content_text":"Heading into a new trading week, ContextLogic Inc., Palantir Technologies Inc., AMC Entertainment and Clover Health Corp are among the stocksseeing the highest intereston Reddit’s r/WallStreetBets forum.\nWhat Happened: Exchange-traded fund S&P SPDR 500 ETF Trust\nSPY is seeing the highest interest on the forum with 132 mentions, followed by e-commerce company ContextLogic with 51 mentions, data from Quiver Quantitative showed.\nSoftware company Palantir Technologies and movie theatre chain AMC Entertainment are in the third and fourth positions, having attracted 31 and 29 mentions, respectively.\nApart from Medicare Advantage provider Clover Health, the other stocks that are trending on the forum include videogame retailer GameStop, aerospace and defense company Lockheed Martin, transportation and logistics company Ryder, lithium-ion battery maker Microvast Holdings, Inc. and biotechnology company Pfizer.\nWhy It Matters: ContextLogic’s shares fell almost 20% on Friday after the company received downgrades from Cowen and JPMorgan analysts following the announcement of worse-than-expected second-quarter financial results last Thursday. Bank of America analyst Michael McGovern also downgraded the company’s shares from Neutral to Underperform.\nAMC Entertainment is seeing high interest from retail investors. Aposton the WSB forum noted that the lower volatility and volume in AMC Entertainment’s shares is good news for the bulls as it indicates that the “bears have lost some steam.”\nLockheed Martin is seeing high interest on the WSB forum after it wasreportedthat the President of AfghanistanAshraf Ghanihas fled his country as Taliban fighters entered the capital city of Kabul. The stock is seeing as benefiting from the turmoil in Afghanistan.\nPrice Action: SPDR® S&P 500® ETF Trust shares closed almost 0.2% higher in Friday’s trading at $445.92, while ContextLogic shares closed almost 19.8% lower at $7.55.\nPalantir Technologies shares closed less than 0.1% higher in Friday’s trading session at $24.90.","news_type":1},"isVote":1,"tweetType":1,"viewCount":195,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":893449024,"gmtCreate":1628297457668,"gmtModify":1631891710540,"author":{"id":"3569227954325701","authorId":"3569227954325701","name":"Seuna","avatar":"https://static.tigerbbs.com/0bfb6c0f011a65d66aae3afb6132a82d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569227954325701","authorIdStr":"3569227954325701"},"themes":[],"htmlText":"&nbsp;Omment please","listText":"&nbsp;Omment please","text":"Omment 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