Ash7m的个人主页 - 老虎社区

Ash7m

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2021-06-28

Do check out these stocks!

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2021-06-09

Worth to check out the company?

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2021-06-08

Is it an opportunity?

Fastly's Global CDN Outage Disrupts Many Websites

2021-06-05

You may want to have a look on these stocks!

Revenge of the blue chips: Shares of legacy stocks are beating their disruptors this year

2021-06-04

Good to have stock in your portfolio!

Can Alibaba Stock Hit $500? If You Got Time, Yes

2021-06-04

Have your own independent thinking.

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2021-06-03

Have an eye on it ya!

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2021-06-02

Things to take note.

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2021-06-01

Good to have stock!

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2021-05-31

Thanks for sharing.

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2021-05-28

Wow!

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2021-05-28

Good.

Costco Wholesale Q3 EPS $2.75 Beats $2.34 Estimate, Sales $44.38B Beat $43.64B Estimate

2021-05-27

Wow!

Beyond Meat shares surges nearly 10%

2021-05-27

Good!

Dow rises 200 points amid better-than-expected jobs data, Boeing shares jump

2021-05-26

Nice!

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2021-05-26

Yes!

China's Pinduoduo beats quarterly revenue estimates

2021-05-25

Good to know that the business is performing well!

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2021-05-25

Great information!

Amazon nears deal to buy MGM Studios for nearly $9 billion

2021-05-24

Good sharing!

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2021-05-24

Is the stock undervalue till the company is repurchasing its share?

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去老虎APP查看更多动态

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opportunity?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/117439334","repostId":"1107056373","repostType":4,"repost":{"id":"1107056373","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":1623151816,"share":"https://www.laohu8.com/m/news/1107056373?lang=&edition=full","pubTime":"2021-06-08 19:30","market":"us","language":"en","title":"Fastly's Global CDN Outage Disrupts Many Websites","url":"https://stock-news.laohu8.com/highlight/detail?id=1107056373","media":"Benzinga","summary":"Cloud service company Fastly Inc's FSLY 0.02% global CDN faces outage, which has widespread impact a","content":"<p>Cloud service company&nbsp;<b>Fastly Inc's</b>&nbsp;FSLY 0.02%&nbsp;global CDN faces outage, which has widespread impact across major internet websites using its services.</p><p>As per&nbsp;Fastly's message, the outage was first identified at 5:58 am ET Tuesday.</p><p>The company claims to have found the issue at 6:44 am ET and implementing a fix.</p><p>Major websites like Reddit, Twitch, The Verge, and Benzinga are still down.</p><p>The full impact of the downtime is unknown.</p><p><b>Price Action:</b>&nbsp;FSLY shares are down 2.03% at $49.67 in the premarket session on the last check Tuesday after hitting a low of 5.4% a few minutes ago.</p><p><img src=\"https://static.tigerbbs.com/49add9fea3ec744a03180f659726350b\" tg-width=\"750\" tg-height=\"514\" referrerpolicy=\"no-referrer\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Fastly's Global CDN Outage Disrupts Many Websites</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{ 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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\">\nFastly's Global CDN Outage Disrupts Many Websites\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\">2021-06-08 19:30</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Cloud service company&nbsp;<b>Fastly Inc's</b>&nbsp;FSLY 0.02%&nbsp;global CDN faces outage, which has widespread impact across major internet websites using its services.</p><p>As per&nbsp;Fastly's message, the outage was first identified at 5:58 am ET Tuesday.</p><p>The company claims to have found the issue at 6:44 am ET and implementing a fix.</p><p>Major websites like Reddit, Twitch, The Verge, and Benzinga are still down.</p><p>The full impact of the downtime is unknown.</p><p><b>Price Action:</b>&nbsp;FSLY shares are down 2.03% at $49.67 in the premarket session on the last check Tuesday after hitting a low of 5.4% a few minutes ago.</p><p><img src=\"https://static.tigerbbs.com/49add9fea3ec744a03180f659726350b\" tg-width=\"750\" tg-height=\"514\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FSLY":"Fastly, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1107056373","content_text":"Cloud service company Fastly Inc's FSLY 0.02% global CDN faces outage, which has widespread impact across major internet websites using its services.As per Fastly's message, the outage was first identified at 5:58 am ET Tuesday.The company claims to have found the issue at 6:44 am ET and implementing a fix.Major websites like Reddit, Twitch, The Verge, and Benzinga are still down.The full impact of the downtime is unknown.Price Action: FSLY shares are down 2.03% at $49.67 in the premarket session on the last check Tuesday after hitting a low of 5.4% a few minutes ago.","news_type":1},"isVote":1,"tweetType":1,"viewCount":547,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":112481097,"gmtCreate":1622902462819,"gmtModify":1631893537748,"author":{"id":"3570871195511512","authorId":"3570871195511512","name":"Ash7m","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570871195511512","idStr":"3570871195511512"},"themes":[],"htmlText":"You may want to have a look on these stocks!&nbsp;","listText":"You may want to have a look on these stocks!&nbsp;","text":"You may want to have a look on these stocks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/112481097","repostId":"1119588401","repostType":4,"repost":{"id":"1119588401","kind":"news","pubTimestamp":1622854800,"share":"https://www.laohu8.com/m/news/1119588401?lang=&edition=full","pubTime":"2021-06-05 09:00","market":"us","language":"en","title":"Revenge of the blue chips: Shares of legacy stocks are beating their disruptors this year","url":"https://stock-news.laohu8.com/highlight/detail?id=1119588401","media":"CNBC","summary":"Legacy companies are having the last laugh against their disruptor counterparts in 2021. Yet, Wall Street expects the innovation stocks will retake the lead again eventually.After getting trounced in recent years, incumbent stocks like Ford,Disney and Goldman Sachs are beating their competitors Tesla,Netflix and PayPal, respectively, this year. Big-box retailer Walmart is even neck and neck with e-commerce juggernautAmazonin 2021.Shares of Ford are up nearly 82% this year, while Tesla’s stock ha","content":"<div>\n<p>Legacy companies are having the last laugh against their disruptor counterparts in 2021. Yet, Wall Street expects the innovation stocks will retake the lead again eventually.\nAfter getting trounced in...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/04/revenge-of-the-blue-chips-shares-of-legacy-stocks-are-beating-their-disruptors-this-year.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>Revenge of the blue chips: Shares of legacy stocks are beating their disruptors this year</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRevenge of the blue chips: Shares of legacy stocks are beating their disruptors this year\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-05 09:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/04/revenge-of-the-blue-chips-shares-of-legacy-stocks-are-beating-their-disruptors-this-year.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Legacy companies are having the last laugh against their disruptor counterparts in 2021. Yet, Wall Street expects the innovation stocks will retake the lead again eventually.\nAfter getting trounced in...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/04/revenge-of-the-blue-chips-shares-of-legacy-stocks-are-beating-their-disruptors-this-year.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DIS":"迪士尼",".DJI":"道琼斯","F":"福特汽车",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","GS":"高盛","WMT":"沃尔玛"},"source_url":"https://www.cnbc.com/2021/06/04/revenge-of-the-blue-chips-shares-of-legacy-stocks-are-beating-their-disruptors-this-year.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1119588401","content_text":"Legacy companies are having the last laugh against their disruptor counterparts in 2021. Yet, Wall Street expects the innovation stocks will retake the lead again eventually.\nAfter getting trounced in recent years, incumbent stocks like Ford,Disney and Goldman Sachs are beating their competitors Tesla,Netflix and PayPal, respectively, this year. Big-box retailer Walmart is even neck and neck with e-commerce juggernautAmazonin 2021.\n\nShares of Ford are up nearly 82% this year, while Tesla’s stock has fallen about 15%. Goldman Sachs has rallied about 48% since January, and PayPal is up just 12%. Disney is down 2.7%, less than streaming giant Netflix, which is 8% in the red. Walmart has dipped 1.7% year to date. E-commerce giant Amazon, meanwhile, has fallen 2.15% in 2021.\nThe outperformance of the so-called incumbents comes amid a rotation this year out of growth stocks due to an inflation overhang, and how the Federal Reserve might respond to rising prices. Technology investors worry the central bank could roll back its easy policies and let interest rates rise. This would knock the growth sector, which relies heavily on borrowing money for cheap to fund long-term investments and innovations. Low rates also help make their high valuations more tolerable to investors.\n“As for the rotational part, a lot has to do with the direction of interest rates with up good for value, down good for growth,” Bleakley Advisory Group chief investment officer Peter Boockvar told CNBC.\nInvestors have also been rewarding stocks that benefit from the economic reopening. Investors expect people will buy cars, travel to Disney’s theme parks and start returning to in-person shopping as the Covid-19 vaccine rollout continues.\nBeating disruptors at their own game\nTesla — which popularized electric vehicles — is facing real competition in the space from the incumbents while juggling negative headlines of its own. The company also seems to be losing some of its grip on the hot EV market.\nFord popped 5% on Thursday after reporting that electric vehicle sales rose 184% year-over-year in May to 10,364 vehicles. The automaker said it has been receiving a “massive” number of reservations for its all-electric F-150 Lightning in the past two weeks, totaling over 70,000 trucks.\n“For Ford, they are impressing people with their EV rollout while Tesla backs off from its extreme valuation in the growth to value rotation,” Boockvar added.\nFord also unveiled Thursday a new compact pick up truck called Maverick, which Ford expects to go on sale by the end of the year. The company hopes the addition to its truck lineup will attract more West Coast customers.\nGoldman Sachs benefited from the rotation into value groups, like financials. The bank has gotten a boost from increasing capital markets activity, while PayPal’s market multiple gets questioned, Boockvar said.\nThe streaming wars between Disney and Netflix heated up this year, after Disney+ topped 100 million subscribers just 16 months after it launched. Meanwhile, Netflix saw a dramatic subscriber slowdown in the fiscal second quarter, missing estimates by more than 2 million subscribers.\nNetflix said the slowdown in subscriber numbers could be blamed on the ongoing coronavirus pandemic, which forced the company to delay some of its big-name shows and films. In turn, Disney is benefiting this year as its parks reopened following closures during the pandemic.\nLastly, the Walmart and Amazon battle is neck and neck. Both stocks are trading around the flatline for the year after impressive returns in 2020 (Amazon rose 76.3% and Walmart rallied 21.3%). Amazon was a major beneficiary of the pandemic, but Walmart adapted quickly and saw sales surge.\nWalmart reported last month strong grocery sales and e-commerce growth and raised its outlook for the year.\n“The Walmart vs. Amazon story is now an intense competitive battle,” Boockvar said.\nReversal ahead?\nDespite the first half’s underperformance, Wall Street is expecting its disruptor darlings to return to favor in the next year.\nAll of the so-called disruptors have average 12-month price targets well above their incumbent counterparts, according to FactSet.\n\nWall Street expects Ford to drop 7.1% in the next 12 months, while Tesla is forecast to gain 16.8%, according to the average analyst forecast collected by FactSet.\nPiper Sandler said the aforementioned headlines about Tesla losing EV market share is “more nuanced” than many investors appreciate, while keeping its $1,200 per share price target on the stock.\n“We still think investors should use sell-offs to build positions,” Piper Sandler senior research analyst Alexander Potter said.\nGoldman Sachs is estimated to gain a mere 1%, while PayPal is expected to rally 22% in the next year, FactSet data shows.\nLoop Capital Markets told clients despite PayPal’s stellar first quarter earnings and guidance raise, “the path forward seems even brighter,” analyst Kenneth Hill said.\n“We like the cadence of product development in the business and how that is translating to greater engagement and more consistent earnings growth,” he added. The firm has a $333 per share price target on PayPal’s stock.\nDisney is forecast to gain about 17.4% in the next 12 months, while Netflix is estimated to add 25.9% to its price, according to FactSet.\nStifel — which upgraded Netflix to buy after the streaming company’s earnings in April — expects Netflix to experience mid-teens revenue growth with rising operating margins and significant free cash flow generation.\n“We expect a 3- to-9 month period of working through the remaining COVID comp issues followed by a multi-year period in which the stock can compound at a rate consistent with revenue growth,” Stifel analyst Scott Devitt said.\nAnalysts see Walmart gaining 15.3% in a year, but Amazon is estimated to gain 33.6% in the next 12 months, per FactSet.\nMorgan Stanley — which has a $4,500 per share price target on Amazon — said that Amazon is prepping for a broad one-day shipping offering that will further shift the e-commerce goal posts and raise customer expectations.\n“Increased same-day expectations would only further raise the cost to compete within e-commerce and raise the value of AMZN’s growing in-house delivery network,” Morgan Stanley equity analyst Brian Nowak told clients.","news_type":1},"isVote":1,"tweetType":1,"viewCount":715,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":116764325,"gmtCreate":1622819926567,"gmtModify":1631893537762,"author":{"id":"3570871195511512","authorId":"3570871195511512","name":"Ash7m","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570871195511512","idStr":"3570871195511512"},"themes":[],"htmlText":"Good to have stock in your portfolio!&nbsp;","listText":"Good to have stock in your portfolio!&nbsp;","text":"Good to have stock in your portfolio!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/116764325","repostId":"1154529120","repostType":4,"repost":{"id":"1154529120","kind":"news","pubTimestamp":1622810459,"share":"https://www.laohu8.com/m/news/1154529120?lang=&edition=full","pubTime":"2021-06-04 20:40","market":"hk","language":"en","title":"Can Alibaba Stock Hit $500? If You Got Time, Yes","url":"https://stock-news.laohu8.com/highlight/detail?id=1154529120","media":"seekingalpha","summary":"Alibaba is a battleground stock where some see a lot of opportunities, while others see many risks.I believe that there are both opportunities and risks, but would see the prior outweighing the latter.In the long run, BABA has a chance of delivering strong gains for those that buy at the current, quite low, valuation.Since its IPO, Alibaba has seen strong share price gains, but it should also be mentioned that shares did peek in H2 2020, and have declined considerably since then:. Alibaba Group'","content":"<p><b>Summary</b></p>\n<ul>\n <li>Alibaba is a battleground stock where some see a lot of opportunities, while others see many risks.</li>\n <li>I believe that there are both opportunities and risks, but would see the prior outweighing the latter.</li>\n <li>In the long run, BABA has a chance of delivering strong gains for those that buy at the current, quite low, valuation.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/567d19950e6c8789ce2192b4503f0fa5\" tg-width=\"1536\" tg-height=\"653\" referrerpolicy=\"no-referrer\"><span>Photo by efetova/iStock via Getty Images</span></p>\n<p><b>Article Thesis</b></p>\n<p>Alibaba Group (BABA) is a leading global high-tech name that continues to generate attractive growth and that offers investors exposure to the high-growth Chinese consumer market. At the same time, through a range of ventures, Alibaba is also active in additional industries, such as cloud computing. Shares have declined considerably over the last couple of months, but I believe that the long-term potential is significant. I would not be surprised to see shares rise towards $500, although that will not happen in the near term.</p>\n<p><b>BABA Stock Price</b></p>\n<p>Since its IPO, Alibaba has seen strong share price gains, but it should also be mentioned that shares did peek in H2 2020, and have declined considerably since then:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8079eeb5384ea003fb3725d3cd1e877f\" tg-width=\"635\" tg-height=\"403\"><span>Data byYCharts</span></p>\n<p>Shares are now basically where they were one year ago, as the gains during summer 2020 have been erased when Ant Financial's IPO plans were stopped. The flat share price performance over the last year is somewhat surprising, though, as Alibaba continued to generate strong results in that time frame. During the last quarter, for example, Alibaba showcased a&nbsp;revenue growth rate of 64%, while revenue growth during the previous quarter was also very strong, at around 50%. This is not the only positive in Alibaba's earnings releases, however. The company also managed to grow its user count by 32 million during the most recent quarter alone, which equates to an annualized user growth rate of around 20%. This bodes well for future quarters, as more users on Alibaba's platform should translate into higher revenues. On top of that, the strong user growth shows that there is still growing demand for the shopping services that Alibaba's platforms offer -- the market is not saturated at all. Alibaba also managed to grow its EBITDA by 25% year over year, which is an attractive growth pace as well, and which was achieved despite growing investments in what management calls key growth areas. Income from operations, meanwhile, grew at an even faster pace, thanks to some operating leverage, rising by 48% year over year when adjusted for the fine that Alibaba had to pay during Q1. It makes, I believe, sense to back out this one-time item to get a clearer picture about Alibaba's underlying, \"core\" profitability during an average quarter.</p>\n<p>Alibaba Group's weak share price performance, relative to the broad market and other tech names, is thus not the result of weak operating performance, but rather a result of multiple compression, driven by weak investor sentiment due to China exposure and&nbsp;fears about regulation.</p>\n<p>At its current price of $220, BABA trades at a quite large discount compared to the current consensus analyst price target of $298. If Alibaba were to hit that, shares would gain 35%. Analyst price targets are usually issued with a 1-year time frame, thus, if the analyst community is correct, Alibaba could be a great investment. From a valuation standpoint, this price target doesn't seem outrageous at all, as $298 would equate to around 29x this year's expected net profits, or 23x next year's net earnings. The latter is likely the more telling one when we talk about a price target for summer 2022, i.e. 1 year from now.</p>\n<p><b>Can Alibaba Stock Hit $500?</b></p>\n<p>The answer to that question, I think, depends on your time frame. If you are looking at a 12-month window, then Alibaba will most likely not be able to hit $500. The ~$300 price target seems achievable, although that is, of course, also not guaranteed. If, however, we take a longer-term view, then $500 seems like a share price that BABA could hit eventually. Let's look at a couple of examples.</p>\n<p><i>- If Alibaba were to generate earnings per share of $20 at some point and traded at an earnings multiple of 25, then shares would trade at $500.</i></p>\n<p><i>- If Alibaba were to generate earnings per share of $25 and traded at a 20x earnings multiple, then shares would trade at $500.</i></p>\n<p><i>- If Alibaba were to generate earnings per share of $17 and traded at 29x its net profits, then shares would trade at (marginally below) $500.</i></p>\n<p>We see that there are many scenarios that could get us to a $500 share price for BABA, some of them more likely than others. Of course, the higher your target multiple, the lower the earnings that would be required. This, in turn, means that the price target can be hit sooner, as less cumulative earnings growth would be required. When we take a look at how Alibaba was valued in the past, we see that the longer-term median earnings multiples for BABA look like this:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dd2d42b7094deb394266d6410287c2e4\" tg-width=\"635\" tg-height=\"436\"><span>Data byYCharts</span></p>\n<p>At 30-40x net earnings, Alibaba was clearly trading at a massive premium relative to how shares are valued today (around 20x this year's earnings). I think that the current valuation is too low, but on the other hand, I do not expect Alibaba to trade at 30, 35, or even 40x net profits in coming years. Due to the growing scale of Alibaba, which makes it a little harder to maintain its excellent growth in coming years, shares will likely trade at a lower valuation in coming years, compared to how they were valued in the past.</p>\n<p>I still think that shares do have some valuation expansion potential from the current earnings multiple of around 21, thus let's assume that shares trade at 23x net profits in the future. This would still represent a massive discount versus the historic valuation, and also a substantial discount compared to how US-based high-tech mega-caps are valued -- Amazon (AMZN), for example, trades at 59x this year's earnings.</p>\n<p>If we want to get to a $500 share price for BABA using a 23x earnings multiple, then we get to earnings per share of $21.70 that Alibaba must generate. When could this be the case? In the following chart, we see EPS estimates for the current year, next year (CY 2022), and CY 2023:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6fcf78e0b071eff9753afbdcd96f751c\" tg-width=\"635\" tg-height=\"436\"><span>Data byYCharts</span></p>\n<p>If analysts are right, Alibaba will not get to earn $22 a share through 2023, and I think that is realistic. I do not see earnings per share rising by 100%+ between this year and 2023, either. From 2023, it would take another 43% increase in Alibaba's earnings per share to get to $21.70, which is our \"target EPS\" for a $500 share price.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7b4c351b4b5eb3328191ccaa9a3b776c\" tg-width=\"635\" tg-height=\"403\"><span>Data byYCharts</span></p>\n<p>Analysts are currently forecasting long-term EPS growth of around 27%, which would mean it would take Alibaba about 1.5 years to grow its EPS from $15.20 (2023 estimate) to our target of $21.70. Even if we assume that this is too optimistic and that growth will be just 20% in 2024 and 2025, EPS of $21.70 could be hit by the end of 2025. So, in other words, if Alibaba grows a little less than what analysts are forecasting right now, Alibaba could trade at $500 by the end of 2025 -- or 4.5 years from now. Note that this scenario does not require a high earnings multiple at all -- at 23x net profits, Alibaba wouldn't be expensive, I believe.</p>\n<p>We can get even more conservative and assume that the 2023 EPS estimate is 10% too high and that EPS will grow by just 17% a year in the years beyond 2023 (versus a long-term forecast of 27% a year by the analyst community). In that case, Alibaba would hit $21.70 in earnings per share in 2026, and shares would rise to $500 over the next 5.5 years. Even in this scenario, BABA wouldn't be a bad investment at all -- a 130% share price increase from the current level over the next 5.5 years would equate to annualized returns of 16%.</p>\n<p>So, to sum this section up, I'd say<i>yes, BABA can hit $500</i>-- but it will realistically take a couple of years. By the mid-2020s, this seems like a very achievable goal to me, although there are, of course, no guarantees.</p>\n<p><b>Is Alibaba Stock A Buy Or Sell Now?</b></p>\n<p>Alibaba Group is, I believe, a strong investment. The company generates strong growth, profits from multiple long-term macro trends, such as growing consumer spending in China, growing e-commerce market share, and cloud computing. There are, however, risks to consider: Alibaba is highly China-dependent, and in case the economic growth story in China ends, Alibaba would be hurt a lot. On top of that, Alibaba could be targeted again by regulators, although I personally think that it is not in China's best interest to hurt one of its highest-growth tech companies.</p>\n<p>For those that worry about these risks, Alibaba may not be the right choice, but for those that see Alibaba as a potentially very rewarding play on Chinese consumers, BABA could be a strong pick in a diversified portfolio. I belong to the latter group and thus rate the stock a buy at current valuations, expecting significant upside over the coming years. Depending on your risk tolerance and how you weigh the opportunities and threats of investing in Chinese companies, you may decide differently, however.</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>Can Alibaba Stock Hit $500? 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If You Got Time, Yes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-04 20:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4432992-alibaba-stock-hit-500><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nAlibaba is a battleground stock where some see a lot of opportunities, while others see many risks.\nI believe that there are both opportunities and risks, but would see the prior outweighing ...</p>\n\n<a href=\"https://seekingalpha.com/article/4432992-alibaba-stock-hit-500\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://seekingalpha.com/article/4432992-alibaba-stock-hit-500","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154529120","content_text":"Summary\n\nAlibaba is a battleground stock where some see a lot of opportunities, while others see many risks.\nI believe that there are both opportunities and risks, but would see the prior outweighing the latter.\nIn the long run, BABA has a chance of delivering strong gains for those that buy at the current, quite low, valuation.\n\nPhoto by efetova/iStock via Getty Images\nArticle Thesis\nAlibaba Group (BABA) is a leading global high-tech name that continues to generate attractive growth and that offers investors exposure to the high-growth Chinese consumer market. At the same time, through a range of ventures, Alibaba is also active in additional industries, such as cloud computing. Shares have declined considerably over the last couple of months, but I believe that the long-term potential is significant. I would not be surprised to see shares rise towards $500, although that will not happen in the near term.\nBABA Stock Price\nSince its IPO, Alibaba has seen strong share price gains, but it should also be mentioned that shares did peek in H2 2020, and have declined considerably since then:\nData byYCharts\nShares are now basically where they were one year ago, as the gains during summer 2020 have been erased when Ant Financial's IPO plans were stopped. The flat share price performance over the last year is somewhat surprising, though, as Alibaba continued to generate strong results in that time frame. During the last quarter, for example, Alibaba showcased a revenue growth rate of 64%, while revenue growth during the previous quarter was also very strong, at around 50%. This is not the only positive in Alibaba's earnings releases, however. The company also managed to grow its user count by 32 million during the most recent quarter alone, which equates to an annualized user growth rate of around 20%. This bodes well for future quarters, as more users on Alibaba's platform should translate into higher revenues. On top of that, the strong user growth shows that there is still growing demand for the shopping services that Alibaba's platforms offer -- the market is not saturated at all. Alibaba also managed to grow its EBITDA by 25% year over year, which is an attractive growth pace as well, and which was achieved despite growing investments in what management calls key growth areas. Income from operations, meanwhile, grew at an even faster pace, thanks to some operating leverage, rising by 48% year over year when adjusted for the fine that Alibaba had to pay during Q1. It makes, I believe, sense to back out this one-time item to get a clearer picture about Alibaba's underlying, \"core\" profitability during an average quarter.\nAlibaba Group's weak share price performance, relative to the broad market and other tech names, is thus not the result of weak operating performance, but rather a result of multiple compression, driven by weak investor sentiment due to China exposure and fears about regulation.\nAt its current price of $220, BABA trades at a quite large discount compared to the current consensus analyst price target of $298. If Alibaba were to hit that, shares would gain 35%. Analyst price targets are usually issued with a 1-year time frame, thus, if the analyst community is correct, Alibaba could be a great investment. From a valuation standpoint, this price target doesn't seem outrageous at all, as $298 would equate to around 29x this year's expected net profits, or 23x next year's net earnings. The latter is likely the more telling one when we talk about a price target for summer 2022, i.e. 1 year from now.\nCan Alibaba Stock Hit $500?\nThe answer to that question, I think, depends on your time frame. If you are looking at a 12-month window, then Alibaba will most likely not be able to hit $500. The ~$300 price target seems achievable, although that is, of course, also not guaranteed. If, however, we take a longer-term view, then $500 seems like a share price that BABA could hit eventually. Let's look at a couple of examples.\n- If Alibaba were to generate earnings per share of $20 at some point and traded at an earnings multiple of 25, then shares would trade at $500.\n- If Alibaba were to generate earnings per share of $25 and traded at a 20x earnings multiple, then shares would trade at $500.\n- If Alibaba were to generate earnings per share of $17 and traded at 29x its net profits, then shares would trade at (marginally below) $500.\nWe see that there are many scenarios that could get us to a $500 share price for BABA, some of them more likely than others. Of course, the higher your target multiple, the lower the earnings that would be required. This, in turn, means that the price target can be hit sooner, as less cumulative earnings growth would be required. When we take a look at how Alibaba was valued in the past, we see that the longer-term median earnings multiples for BABA look like this:\nData byYCharts\nAt 30-40x net earnings, Alibaba was clearly trading at a massive premium relative to how shares are valued today (around 20x this year's earnings). I think that the current valuation is too low, but on the other hand, I do not expect Alibaba to trade at 30, 35, or even 40x net profits in coming years. Due to the growing scale of Alibaba, which makes it a little harder to maintain its excellent growth in coming years, shares will likely trade at a lower valuation in coming years, compared to how they were valued in the past.\nI still think that shares do have some valuation expansion potential from the current earnings multiple of around 21, thus let's assume that shares trade at 23x net profits in the future. This would still represent a massive discount versus the historic valuation, and also a substantial discount compared to how US-based high-tech mega-caps are valued -- Amazon (AMZN), for example, trades at 59x this year's earnings.\nIf we want to get to a $500 share price for BABA using a 23x earnings multiple, then we get to earnings per share of $21.70 that Alibaba must generate. When could this be the case? In the following chart, we see EPS estimates for the current year, next year (CY 2022), and CY 2023:\nData byYCharts\nIf analysts are right, Alibaba will not get to earn $22 a share through 2023, and I think that is realistic. I do not see earnings per share rising by 100%+ between this year and 2023, either. From 2023, it would take another 43% increase in Alibaba's earnings per share to get to $21.70, which is our \"target EPS\" for a $500 share price.\nData byYCharts\nAnalysts are currently forecasting long-term EPS growth of around 27%, which would mean it would take Alibaba about 1.5 years to grow its EPS from $15.20 (2023 estimate) to our target of $21.70. Even if we assume that this is too optimistic and that growth will be just 20% in 2024 and 2025, EPS of $21.70 could be hit by the end of 2025. So, in other words, if Alibaba grows a little less than what analysts are forecasting right now, Alibaba could trade at $500 by the end of 2025 -- or 4.5 years from now. Note that this scenario does not require a high earnings multiple at all -- at 23x net profits, Alibaba wouldn't be expensive, I believe.\nWe can get even more conservative and assume that the 2023 EPS estimate is 10% too high and that EPS will grow by just 17% a year in the years beyond 2023 (versus a long-term forecast of 27% a year by the analyst community). In that case, Alibaba would hit $21.70 in earnings per share in 2026, and shares would rise to $500 over the next 5.5 years. Even in this scenario, BABA wouldn't be a bad investment at all -- a 130% share price increase from the current level over the next 5.5 years would equate to annualized returns of 16%.\nSo, to sum this section up, I'd sayyes, BABA can hit $500-- but it will realistically take a couple of years. By the mid-2020s, this seems like a very achievable goal to me, although there are, of course, no guarantees.\nIs Alibaba Stock A Buy Or Sell Now?\nAlibaba Group is, I believe, a strong investment. The company generates strong growth, profits from multiple long-term macro trends, such as growing consumer spending in China, growing e-commerce market share, and cloud computing. There are, however, risks to consider: Alibaba is highly China-dependent, and in case the economic growth story in China ends, Alibaba would be hurt a lot. On top of that, Alibaba could be targeted again by regulators, although I personally think that it is not in China's best interest to hurt one of its highest-growth tech companies.\nFor those that worry about these risks, Alibaba may not be the right choice, but for those that see Alibaba as a potentially very rewarding play on Chinese consumers, BABA could be a strong pick in a diversified portfolio. I belong to the latter group and thus rate the stock a buy at current valuations, expecting significant upside over the coming years. Depending on your risk tolerance and how you weigh the opportunities and threats of investing in Chinese companies, you may decide differently, however.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1285,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":118723036,"gmtCreate":1622762934225,"gmtModify":1631893537773,"author":{"id":"3570871195511512","authorId":"3570871195511512","name":"Ash7m","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570871195511512","idStr":"3570871195511512"},"themes":[],"htmlText":"Have your own independent thinking.&nbsp;","listText":"Have your own independent thinking.&nbsp;","text":"Have your own independent thinking.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/118723036","repostId":"2140247164","repostType":4,"isVote":1,"tweetType":1,"viewCount":956,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":118329935,"gmtCreate":1622719940627,"gmtModify":1631893537782,"author":{"id":"3570871195511512","authorId":"3570871195511512","name":"Ash7m","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570871195511512","idStr":"3570871195511512"},"themes":[],"htmlText":"Have an eye on it ya!&nbsp;","listText":"Have an eye on it ya!&nbsp;","text":"Have an eye on it ya!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/118329935","repostId":"1139859065","repostType":4,"isVote":1,"tweetType":1,"viewCount":1298,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":113969229,"gmtCreate":1622591148261,"gmtModify":1631893537794,"author":{"id":"3570871195511512","authorId":"3570871195511512","name":"Ash7m","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570871195511512","idStr":"3570871195511512"},"themes":[],"htmlText":"Things to take note.&nbsp;","listText":"Things to take note.&nbsp;","text":"Things to take note.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/113969229","repostId":"2139589924","repostType":4,"isVote":1,"tweetType":1,"viewCount":590,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":110768160,"gmtCreate":1622504879250,"gmtModify":1631893537807,"author":{"id":"3570871195511512","authorId":"3570871195511512","name":"Ash7m","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570871195511512","idStr":"3570871195511512"},"themes":[],"htmlText":"Good to have stock!&nbsp;","listText":"Good to have stock!&nbsp;","text":"Good to have stock!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/110768160","repostId":"2139430866","repostType":4,"isVote":1,"tweetType":1,"viewCount":753,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":110267926,"gmtCreate":1622461501865,"gmtModify":1631893537827,"author":{"id":"3570871195511512","authorId":"3570871195511512","name":"Ash7m","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570871195511512","idStr":"3570871195511512"},"themes":[],"htmlText":"Thanks for sharing.&nbsp;","listText":"Thanks for sharing.&nbsp;","text":"Thanks for sharing.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/110267926","repostId":"2139022487","repostType":4,"isVote":1,"tweetType":1,"viewCount":1309,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":134180272,"gmtCreate":1622211249996,"gmtModify":1634182791868,"author":{"id":"3570871195511512","authorId":"3570871195511512","name":"Ash7m","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570871195511512","idStr":"3570871195511512"},"themes":[],"htmlText":"Wow!&nbsp;","listText":"Wow!&nbsp;","text":"Wow!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/134180272","repostId":"1157072297","repostType":2,"isVote":1,"tweetType":1,"viewCount":496,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":135894913,"gmtCreate":1622156344332,"gmtModify":1634183435280,"author":{"id":"3570871195511512","authorId":"3570871195511512","name":"Ash7m","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570871195511512","idStr":"3570871195511512"},"themes":[],"htmlText":"Good.","listText":"Good.","text":"Good.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/135894913","repostId":"2138179326","repostType":2,"repost":{"id":"2138179326","kind":"highlight","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1622146570,"share":"https://www.laohu8.com/m/news/2138179326?lang=&edition=full","pubTime":"2021-05-28 04:16","market":"hk","language":"en","title":"Costco Wholesale Q3 EPS $2.75 Beats $2.34 Estimate, Sales $44.38B Beat $43.64B Estimate","url":"https://stock-news.laohu8.com/highlight/detail?id=2138179326","media":"Benzinga","summary":"Costco Wholesale (NASDAQ:COST) reported quarterly earnings of $2.75 per share which beat the analyst consensus estimate of $2.34 by 17.52 percent. This is a 45.5 percent increase over earnings of $1.89 per share from the","content":"<html><body><p>Costco Wholesale (NASDAQ:COST) reported quarterly earnings of $2.75 per share which beat the analyst consensus estimate of $2.34 by 17.52 percent. This is a 45.5 percent increase over earnings of $1.89 per share from the same period last year.  The company reported quarterly sales of $44.38 billion which beat the analyst consensus estimate of $43.64 billion by 1.70 percent.  This is a 19.09 percent increase over sales of $37.27 billion the same period last year.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Costco Wholesale Q3 EPS $2.75 Beats $2.34 Estimate, Sales $44.38B Beat $43.64B Estimate</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\">\nCostco Wholesale Q3 EPS $2.75 Beats $2.34 Estimate, Sales $44.38B Beat $43.64B Estimate\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\">2021-05-28 04:16</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>Costco Wholesale (NASDAQ:COST) reported quarterly earnings of $2.75 per share which beat the analyst consensus estimate of $2.34 by 17.52 percent. This is a 45.5 percent increase over earnings of $1.89 per share from the same period last year.  The company reported quarterly sales of $44.38 billion which beat the analyst consensus estimate of $43.64 billion by 1.70 percent.  This is a 19.09 percent increase over sales of $37.27 billion the same period last year.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.benzinga.com/news/earnings/21/05/21328530/costco-wholesale-q3-eps-2-75-beats-2-34-estimate-sales-44-38b-beat-43-64b-estimate","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2138179326","content_text":"Costco Wholesale (NASDAQ:COST) reported quarterly earnings of $2.75 per share which beat the analyst consensus estimate of $2.34 by 17.52 percent. This is a 45.5 percent increase over earnings of $1.89 per share from the same period last year.  The company reported quarterly sales of $44.38 billion which beat the analyst consensus estimate of $43.64 billion by 1.70 percent.  This is a 19.09 percent increase over sales of $37.27 billion the same period last year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":194,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":135959697,"gmtCreate":1622127366919,"gmtModify":1634183596468,"author":{"id":"3570871195511512","authorId":"3570871195511512","name":"Ash7m","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570871195511512","idStr":"3570871195511512"},"themes":[],"htmlText":"Wow!&nbsp;","listText":"Wow!&nbsp;","text":"Wow!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/135959697","repostId":"1188393893","repostType":4,"repost":{"id":"1188393893","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":1622123328,"share":"https://www.laohu8.com/m/news/1188393893?lang=&edition=full","pubTime":"2021-05-27 21:48","market":"us","language":"en","title":"Beyond Meat shares surges nearly 10%","url":"https://stock-news.laohu8.com/highlight/detail?id=1188393893","media":"Tiger Newspress","summary":"Beyond Meat shares surges nearly 10%.For the first quarter of 2021, Beyond Meat saw 11.4% year-over-","content":"<p>Beyond Meat&nbsp;shares&nbsp;surges&nbsp;nearly&nbsp;10%.</p><p><img src=\"https://static.tigerbbs.com/a34ea5683a321e8be4e74d066f19af12\" tg-width=\"810\" tg-height=\"610\" referrerpolicy=\"no-referrer\">For the first quarter of 2021, Beyond Meat saw 11.4% year-over-year (YOY) revenue growth despite the domestic foodservice segment being down 26% YOY. The reduction in the restaurant business drives the decrease in the foodservice segment, and Beyond Meat should see stronger results as restaurants begin to reopen domestically and internationally.</p><p>Looking through Beyond Meat's investor relations press release, the company has announced numerous partnerships. To name a few, in the past three months it has increased its products in&nbsp;<b>Walmart</b>, partnered up with&nbsp;<b>Pizza Hut</b>Canada and Carl's Jr., announced major retail expansions throughout Europe, and opened up a manufacturing facility in China.</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>Beyond Meat shares surges nearly 10%</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\">\nBeyond Meat shares surges nearly 10%\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\">2021-05-27 21:48</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Beyond Meat&nbsp;shares&nbsp;surges&nbsp;nearly&nbsp;10%.</p><p><img src=\"https://static.tigerbbs.com/a34ea5683a321e8be4e74d066f19af12\" tg-width=\"810\" tg-height=\"610\" referrerpolicy=\"no-referrer\">For the first quarter of 2021, Beyond Meat saw 11.4% year-over-year (YOY) revenue growth despite the domestic foodservice segment being down 26% YOY. The reduction in the restaurant business drives the decrease in the foodservice segment, and Beyond Meat should see stronger results as restaurants begin to reopen domestically and internationally.</p><p>Looking through Beyond Meat's investor relations press release, the company has announced numerous partnerships. To name a few, in the past three months it has increased its products in&nbsp;<b>Walmart</b>, partnered up with&nbsp;<b>Pizza Hut</b>Canada and Carl's Jr., announced major retail expansions throughout Europe, and opened up a manufacturing facility in China.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BYND":"Beyond Meat, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188393893","content_text":"Beyond Meat shares surges nearly 10%.For the first quarter of 2021, Beyond Meat saw 11.4% year-over-year (YOY) revenue growth despite the domestic foodservice segment being down 26% YOY. The reduction in the restaurant business drives the decrease in the foodservice segment, and Beyond Meat should see stronger results as restaurants begin to reopen domestically and internationally.Looking through Beyond Meat's investor relations press release, the company has announced numerous partnerships. To name a few, in the past three months it has increased its products in Walmart, partnered up with Pizza HutCanada and Carl's Jr., announced major retail expansions throughout Europe, and opened up a manufacturing facility in China.","news_type":1},"isVote":1,"tweetType":1,"viewCount":502,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":135908491,"gmtCreate":1622124514813,"gmtModify":1634183637419,"author":{"id":"3570871195511512","authorId":"3570871195511512","name":"Ash7m","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570871195511512","idStr":"3570871195511512"},"themes":[],"htmlText":"Good!&nbsp;","listText":"Good!&nbsp;","text":"Good!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/135908491","repostId":"1154877560","repostType":4,"repost":{"id":"1154877560","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":1622122359,"share":"https://www.laohu8.com/m/news/1154877560?lang=&edition=full","pubTime":"2021-05-27 21:32","market":"us","language":"en","title":"Dow rises 200 points amid better-than-expected jobs data, Boeing shares jump","url":"https://stock-news.laohu8.com/highlight/detail?id=1154877560","media":"Tiger Newspress","summary":"U.S. stocks climbed on Thursday as investors digested stronger-than-expected labor-market data.The D","content":"<p>U.S. stocks climbed on Thursday as investors digested stronger-than-expected labor-market data.</p><p>The Dow Jones Industrial Average jumped 200 points. The S&amp;P 500 rose 0.3% and the Nasdaq Composite traded near the flatline. Shares of Boeing advanced 2.7% on optimism about an economic recovery.</p><p>It looks like gains for the overall market will be capped however, as investors are lightening up on technology shares as they rotate into cyclical stocks. Microsoft, Netflix and Amazon all traded in the red.</p><p>Initial jobless claims fell to 406,000, hitting&nbsp;a new pandemic low and much less than expected, the Labor Department reported Thursday. Economists surveyed by Dow Jones&nbsp;had expected a total of 425,000 Americans to have filed unemployment benefits in the week ended May 22.</p><p>In a separate report, the Commerce Department left its initial estimate on first-quarter gross domestic product unchanged at 6.4%</p><p>Snowflake&nbsp;shares fell 4% after the data-analytics software companyreported widening losses.Nvidia's stock dipped slightly even after the chip giant's earnings and sales for the first quarter both beat Wall Street expectations.Its revenue grew 88% compared to last year.</p><p>Meme stocks, which have jumped this week amid a resurgence in speculative trading, were lower in premarket trading. GameStop was down by about 4%. AMC Entertainment lost 6%.</p><p>Ford was higher again, with the stock up 1% following anupgrade by RBC. The stock jumped 8% on Wednesday after unveiling its electric vehicle strategy.</p><p>The move in futures followed a relatively quiet session on Wall Street. The S&amp;P 500 eked out a 0.2% gain in light trading, supported by gains in shares tied to the economic reopening including airlines and cruise line operators. The blue-chip Dow finished Wednesday's session little changed, while the tech-heavy Nasdaq Composite gained 0.6%.</p><p>Trading is expected to be muted ahead of the Memorial Day weekend.</p><p>\"Equity markets are quiet as investors continue to anticipate the Fed's next move,\" said Mark Hackett, chief of investment research at Nationwide. \"Low volatility and low trading volume are a frequent occurrence in the week leading into a holiday.\"</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dow rises 200 points amid better-than-expected jobs data, Boeing shares jump</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 rises 200 points amid better-than-expected jobs data, Boeing shares jump\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\">2021-05-27 21:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>U.S. stocks climbed on Thursday as investors digested stronger-than-expected labor-market data.</p><p>The Dow Jones Industrial Average jumped 200 points. The S&amp;P 500 rose 0.3% and the Nasdaq Composite traded near the flatline. Shares of Boeing advanced 2.7% on optimism about an economic recovery.</p><p>It looks like gains for the overall market will be capped however, as investors are lightening up on technology shares as they rotate into cyclical stocks. Microsoft, Netflix and Amazon all traded in the red.</p><p>Initial jobless claims fell to 406,000, hitting&nbsp;a new pandemic low and much less than expected, the Labor Department reported Thursday. Economists surveyed by Dow Jones&nbsp;had expected a total of 425,000 Americans to have filed unemployment benefits in the week ended May 22.</p><p>In a separate report, the Commerce Department left its initial estimate on first-quarter gross domestic product unchanged at 6.4%</p><p>Snowflake&nbsp;shares fell 4% after the data-analytics software companyreported widening losses.Nvidia's stock dipped slightly even after the chip giant's earnings and sales for the first quarter both beat Wall Street expectations.Its revenue grew 88% compared to last year.</p><p>Meme stocks, which have jumped this week amid a resurgence in speculative trading, were lower in premarket trading. GameStop was down by about 4%. AMC Entertainment lost 6%.</p><p>Ford was higher again, with the stock up 1% following anupgrade by RBC. The stock jumped 8% on Wednesday after unveiling its electric vehicle strategy.</p><p>The move in futures followed a relatively quiet session on Wall Street. The S&amp;P 500 eked out a 0.2% gain in light trading, supported by gains in shares tied to the economic reopening including airlines and cruise line operators. The blue-chip Dow finished Wednesday's session little changed, while the tech-heavy Nasdaq Composite gained 0.6%.</p><p>Trading is expected to be muted ahead of the Memorial Day weekend.</p><p>\"Equity markets are quiet as investors continue to anticipate the Fed's next move,\" said Mark Hackett, chief of investment research at Nationwide. \"Low volatility and low trading volume are a frequent occurrence in the week leading into a holiday.\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154877560","content_text":"U.S. stocks climbed on Thursday as investors digested stronger-than-expected labor-market data.The Dow Jones Industrial Average jumped 200 points. The S&P 500 rose 0.3% and the Nasdaq Composite traded near the flatline. Shares of Boeing advanced 2.7% on optimism about an economic recovery.It looks like gains for the overall market will be capped however, as investors are lightening up on technology shares as they rotate into cyclical stocks. Microsoft, Netflix and Amazon all traded in the red.Initial jobless claims fell to 406,000, hitting a new pandemic low and much less than expected, the Labor Department reported Thursday. Economists surveyed by Dow Jones had expected a total of 425,000 Americans to have filed unemployment benefits in the week ended May 22.In a separate report, the Commerce Department left its initial estimate on first-quarter gross domestic product unchanged at 6.4%Snowflake shares fell 4% after the data-analytics software companyreported widening losses.Nvidia's stock dipped slightly even after the chip giant's earnings and sales for the first quarter both beat Wall Street expectations.Its revenue grew 88% compared to last year.Meme stocks, which have jumped this week amid a resurgence in speculative trading, were lower in premarket trading. GameStop was down by about 4%. AMC Entertainment lost 6%.Ford was higher again, with the stock up 1% following anupgrade by RBC. The stock jumped 8% on Wednesday after unveiling its electric vehicle strategy.The move in futures followed a relatively quiet session on Wall Street. The S&P 500 eked out a 0.2% gain in light trading, supported by gains in shares tied to the economic reopening including airlines and cruise line operators. The blue-chip Dow finished Wednesday's session little changed, while the tech-heavy Nasdaq Composite gained 0.6%.Trading is expected to be muted ahead of the Memorial Day weekend.\"Equity markets are quiet as investors continue to anticipate the Fed's next move,\" said Mark Hackett, chief of investment research at Nationwide. \"Low volatility and low trading volume are a frequent occurrence in the week leading into a holiday.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":168,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":136460978,"gmtCreate":1622036231794,"gmtModify":1634184474732,"author":{"id":"3570871195511512","authorId":"3570871195511512","name":"Ash7m","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570871195511512","idStr":"3570871195511512"},"themes":[],"htmlText":"Nice!&nbsp;","listText":"Nice!&nbsp;","text":"Nice!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/136460978","repostId":"1103304651","repostType":2,"isVote":1,"tweetType":1,"viewCount":116,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":136561164,"gmtCreate":1622029247258,"gmtModify":1634184536275,"author":{"id":"3570871195511512","authorId":"3570871195511512","name":"Ash7m","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570871195511512","idStr":"3570871195511512"},"themes":[],"htmlText":"Yes!&nbsp;","listText":"Yes!&nbsp;","text":"Yes!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/136561164","repostId":"1115191257","repostType":4,"repost":{"id":"1115191257","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":1622025558,"share":"https://www.laohu8.com/m/news/1115191257?lang=&edition=full","pubTime":"2021-05-26 18:39","market":"us","language":"en","title":"China's Pinduoduo beats quarterly revenue estimates","url":"https://stock-news.laohu8.com/highlight/detail?id=1115191257","media":"Tiger Newspress","summary":"Chinese e-commerce platform Pinduoduo Inc's quarterly revenue beat Wall Street estimates on Wednesda","content":"<p>Chinese e-commerce platform Pinduoduo Inc's quarterly revenue beat Wall Street estimates on Wednesday, driven by steady demand for online shopping following the COVID-19 pandemic.</p><p>Total revenue more than tripled to 22.17 billion yuan ($3.47 billion)in the first quarter, boosted by Pinduoduo's online marketing services revenue. Analysts on average had expected revenue of 20.2 billion yuan, according to IBES data from Refinitiv.</p><p>The interactive buying platform's net loss attributable to shareholders narrowed to 2.91 billion yuan in the quarter ended March 31, from 4.12 billion yuan a year earlier.</p><p>Active buyers on Pinduoduo in the 12-month period ended March rose 31% to about 824 million, outpacing Alibaba's 811 million.</p><p>Pinduoduo&nbsp;stock&nbsp;surged more than 3% in premarket trading.</p><p><img src=\"https://static.tigerbbs.com/d78d44a7114b62db59be95f65e93e84e\" tg-width=\"1302\" tg-height=\"663\" referrerpolicy=\"no-referrer\"></p><p><b>First Quarter 2021 Highlights</b></p><ul><li><b>Total revenues</b>&nbsp;in the quarter were&nbsp;RMB22,167.1 million&nbsp;(US$13,383.4 million), an increase of 239% from&nbsp;RMB6,541.1 millionin the same quarter of 2020.</li><li><b>Average monthly active users</b>&nbsp;in the quarter was 724.6 million, an increase of 49% from 487.4 million in the same quarter of 2020.</li><li><b>Active buyers</b>&nbsp;in the twelve-month period endedMarch 31, 2021was 823.8 million, an increase of 31% from 628.1 million in the twelve-month period endedMarch 31, 2020.</li><li><b>Operating loss</b>&nbsp;in the quarter was&nbsp;RMB4,147.0 million(US$633.0 million), compared with operating loss of&nbsp;RMB4,397.2 millionin the same quarter of 2020.<b>Non-GAAP4&nbsp;operating loss</b>&nbsp;in the quarter wasRMB&nbsp;3,174.1 million(US$484.5 million), compared with operating loss ofRMB3,587.9 millionin the same quarter of 2020.</li><li><b>Net loss attributable to ordinary shareholders</b>&nbsp;in the quarter was&nbsp;RMB2,905.4 million(US$ 443.5 million), compared with&nbsp;RMB4,119.3 millionin the same quarter of 2020.<b>Non-GAAP net loss attributable to ordinary shareholders</b>&nbsp;in the quarter was&nbsp;RMB1,890.3 million(US$288.5 million), compared withRMB3,169.6 millionin the same quarter of 2020.</li></ul><p>“Our growing scale gives us both greater capacity and responsibility to live up to our mission to ‘benefit all’,” said Mr.Lei Chen, Chairman and Chief Executive Officer ofPinduoduo. “We envisionPinduoduoas a platform that not only facilitates the trading of goods and services but also serves as a conduit for turning ideas into solutions to everyday problems.”</p><p>“We remain laser-focused on serving our users and anticipating what they need, and doing so in a way that is respectful of the community and environment,” added Mr.David Liu, Vice President of Strategy. “We will continue to engage our users, merchants and partners in improving all aspects of our services.”</p><p>“We continued to deliver strong results in the first quarter and remain disciplined,” said Mr.Tony Ma, Vice President of Finance. “Our total revenues, excluding contribution from merchandise sales, for the first quarter 2021 increased 161% from the prior year, while our non-GAAP operating and net losses narrowed at the same time.”</p><p><b>First Quarter 2021 Unaudited Financial Results</b></p><p><b>Total revenues</b>wereRMB22,167.1 million(US$3,383.4 million), an increase of 239% fromRMB6,541.1 millionin the same quarter of 2020. The increase was primarily due to an increase in revenues from online marketing services and contribution from merchandise sales.</p><ul><li><b>Revenues from online marketing services and others</b>wereRMB14,111.5 million(US$2,153.8 million), an increase of 157% fromRMB5,492.3 millionin the same quarter of 2020.</li><li><b>Revenues from transaction services</b>wereRMB2,931.5 million(US$447.4 million), an increase of 180% fromRMB1,048.8 millionin the same quarter of 2020.</li><li><b>Revenues from merchandise sales</b>wereRMB5,124.1 million(US$782.1 million), an increase ofRMB5,124.1 millionfrom nil in the same quarter of 2020.</li></ul><p><b>Total costs of revenues</b>wereRMB10,746.1 million(US$1,640.2 million), an increase of 487% fromRMB1,830.2 millionin the same quarter of 2020. The increase was mainly due to costs attributable to merchandise sales, higher cost of payment processing fees, cloud services fees, and delivery and storage fees.</p><p><b>Total operating expenses</b>wereRMB15,568.0 million(US$2,376.1 million), compared withRMB9,108.0 millionin the same quarter of 2020.</p><ul><li><b>Sales and marketing expenses</b>wereRMB12,997.4 million(US$1,983.8 million), an increase of 78% fromRMB7,296.6 millionin the same quarter of 2020, mainly due to an increase in advertising expenses and promotion and coupon expenses.</li><li><b>General and administrative expenses</b>wereRMB351.9 million(US$53.7 million), an increase of 4% fromRMB338.3 millionin the same quarter of 2020.</li><li><b>Research and development expenses</b>wereRMB2,218.7 million(US$338.6 million), an increase of 51% fromRMB1,473.2 millionin the same quarter of 2020. The increase was primarily due to an increase in headcount and the recruitment of more experienced R&amp;D personnel and an increase in R&amp;D-related cloud services expenses.</li></ul><p><b>Operating loss</b>wasRMB4,147.0 million(US$633.0 million), compared with operating loss ofRMB4,397.2 millionin the same quarter of 2020.<b>Non-GAAP operating loss</b>wasRMB3,174.1 million(US$484.5 million), compared with operating loss ofRMB3,587.9 millionin the same quarter of 2020.</p><p><b>Net loss attributable to ordinary shareholders</b>wasRMB2,905.4 million(US$443.5 million), compared withRMB4,119.3 millionin the same quarter of 2020.<b>Non-GAAP net loss attributable to ordinary shareholders</b>wasRMB1,890.3 million(US$288.5 million), compared withRMB3,169.6 millionin the same quarter of 2020.</p><p><b>Basic and diluted net loss per ADS</b>wereRMB2.33(US$0.36), compared withRMB3.54in the same quarter of 2020.<b>Non-GAAP basic and diluted net loss per ADS</b>wereRMB1.52(US$0.23), compared withRMB2.73in the same quarter of 2020.</p><p><b>Net cash flow used in operating activities</b>wasRMB3,724.5 million(US$568.5 million), compared withRMB567.1 millionin the same quarter of 2020, primarily due to an increase in restricted cash outflow due to seasonality, offset by increase in online marketing services revenues.</p><p><b>Cash, cash equivalents and short-term investments</b>wereRMB83.4 billion(US$12.7 billion) as ofMarch 31, 2021, compared withRMB87.0 billionas ofDecember 31, 2020.</p><p><b>Recent Development</b></p><p>As ofApril 30, 2021,US$756.4 millionof the 0% convertible bonds due in 2024 have been converted into newly issued ADSs.</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>China's Pinduoduo beats quarterly revenue estimates</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\">\nChina's Pinduoduo beats quarterly revenue estimates\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\">2021-05-26 18:39</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Chinese e-commerce platform Pinduoduo Inc's quarterly revenue beat Wall Street estimates on Wednesday, driven by steady demand for online shopping following the COVID-19 pandemic.</p><p>Total revenue more than tripled to 22.17 billion yuan ($3.47 billion)in the first quarter, boosted by Pinduoduo's online marketing services revenue. Analysts on average had expected revenue of 20.2 billion yuan, according to IBES data from Refinitiv.</p><p>The interactive buying platform's net loss attributable to shareholders narrowed to 2.91 billion yuan in the quarter ended March 31, from 4.12 billion yuan a year earlier.</p><p>Active buyers on Pinduoduo in the 12-month period ended March rose 31% to about 824 million, outpacing Alibaba's 811 million.</p><p>Pinduoduo&nbsp;stock&nbsp;surged more than 3% in premarket trading.</p><p><img src=\"https://static.tigerbbs.com/d78d44a7114b62db59be95f65e93e84e\" tg-width=\"1302\" tg-height=\"663\" referrerpolicy=\"no-referrer\"></p><p><b>First Quarter 2021 Highlights</b></p><ul><li><b>Total revenues</b>&nbsp;in the quarter were&nbsp;RMB22,167.1 million&nbsp;(US$13,383.4 million), an increase of 239% from&nbsp;RMB6,541.1 millionin the same quarter of 2020.</li><li><b>Average monthly active users</b>&nbsp;in the quarter was 724.6 million, an increase of 49% from 487.4 million in the same quarter of 2020.</li><li><b>Active buyers</b>&nbsp;in the twelve-month period endedMarch 31, 2021was 823.8 million, an increase of 31% from 628.1 million in the twelve-month period endedMarch 31, 2020.</li><li><b>Operating loss</b>&nbsp;in the quarter was&nbsp;RMB4,147.0 million(US$633.0 million), compared with operating loss of&nbsp;RMB4,397.2 millionin the same quarter of 2020.<b>Non-GAAP4&nbsp;operating loss</b>&nbsp;in the quarter wasRMB&nbsp;3,174.1 million(US$484.5 million), compared with operating loss ofRMB3,587.9 millionin the same quarter of 2020.</li><li><b>Net loss attributable to ordinary shareholders</b>&nbsp;in the quarter was&nbsp;RMB2,905.4 million(US$ 443.5 million), compared with&nbsp;RMB4,119.3 millionin the same quarter of 2020.<b>Non-GAAP net loss attributable to ordinary shareholders</b>&nbsp;in the quarter was&nbsp;RMB1,890.3 million(US$288.5 million), compared withRMB3,169.6 millionin the same quarter of 2020.</li></ul><p>“Our growing scale gives us both greater capacity and responsibility to live up to our mission to ‘benefit all’,” said Mr.Lei Chen, Chairman and Chief Executive Officer ofPinduoduo. “We envisionPinduoduoas a platform that not only facilitates the trading of goods and services but also serves as a conduit for turning ideas into solutions to everyday problems.”</p><p>“We remain laser-focused on serving our users and anticipating what they need, and doing so in a way that is respectful of the community and environment,” added Mr.David Liu, Vice President of Strategy. “We will continue to engage our users, merchants and partners in improving all aspects of our services.”</p><p>“We continued to deliver strong results in the first quarter and remain disciplined,” said Mr.Tony Ma, Vice President of Finance. “Our total revenues, excluding contribution from merchandise sales, for the first quarter 2021 increased 161% from the prior year, while our non-GAAP operating and net losses narrowed at the same time.”</p><p><b>First Quarter 2021 Unaudited Financial Results</b></p><p><b>Total revenues</b>wereRMB22,167.1 million(US$3,383.4 million), an increase of 239% fromRMB6,541.1 millionin the same quarter of 2020. The increase was primarily due to an increase in revenues from online marketing services and contribution from merchandise sales.</p><ul><li><b>Revenues from online marketing services and others</b>wereRMB14,111.5 million(US$2,153.8 million), an increase of 157% fromRMB5,492.3 millionin the same quarter of 2020.</li><li><b>Revenues from transaction services</b>wereRMB2,931.5 million(US$447.4 million), an increase of 180% fromRMB1,048.8 millionin the same quarter of 2020.</li><li><b>Revenues from merchandise sales</b>wereRMB5,124.1 million(US$782.1 million), an increase ofRMB5,124.1 millionfrom nil in the same quarter of 2020.</li></ul><p><b>Total costs of revenues</b>wereRMB10,746.1 million(US$1,640.2 million), an increase of 487% fromRMB1,830.2 millionin the same quarter of 2020. The increase was mainly due to costs attributable to merchandise sales, higher cost of payment processing fees, cloud services fees, and delivery and storage fees.</p><p><b>Total operating expenses</b>wereRMB15,568.0 million(US$2,376.1 million), compared withRMB9,108.0 millionin the same quarter of 2020.</p><ul><li><b>Sales and marketing expenses</b>wereRMB12,997.4 million(US$1,983.8 million), an increase of 78% fromRMB7,296.6 millionin the same quarter of 2020, mainly due to an increase in advertising expenses and promotion and coupon expenses.</li><li><b>General and administrative expenses</b>wereRMB351.9 million(US$53.7 million), an increase of 4% fromRMB338.3 millionin the same quarter of 2020.</li><li><b>Research and development expenses</b>wereRMB2,218.7 million(US$338.6 million), an increase of 51% fromRMB1,473.2 millionin the same quarter of 2020. The increase was primarily due to an increase in headcount and the recruitment of more experienced R&amp;D personnel and an increase in R&amp;D-related cloud services expenses.</li></ul><p><b>Operating loss</b>wasRMB4,147.0 million(US$633.0 million), compared with operating loss ofRMB4,397.2 millionin the same quarter of 2020.<b>Non-GAAP operating loss</b>wasRMB3,174.1 million(US$484.5 million), compared with operating loss ofRMB3,587.9 millionin the same quarter of 2020.</p><p><b>Net loss attributable to ordinary shareholders</b>wasRMB2,905.4 million(US$443.5 million), compared withRMB4,119.3 millionin the same quarter of 2020.<b>Non-GAAP net loss attributable to ordinary shareholders</b>wasRMB1,890.3 million(US$288.5 million), compared withRMB3,169.6 millionin the same quarter of 2020.</p><p><b>Basic and diluted net loss per ADS</b>wereRMB2.33(US$0.36), compared withRMB3.54in the same quarter of 2020.<b>Non-GAAP basic and diluted net loss per ADS</b>wereRMB1.52(US$0.23), compared withRMB2.73in the same quarter of 2020.</p><p><b>Net cash flow used in operating activities</b>wasRMB3,724.5 million(US$568.5 million), compared withRMB567.1 millionin the same quarter of 2020, primarily due to an increase in restricted cash outflow due to seasonality, offset by increase in online marketing services revenues.</p><p><b>Cash, cash equivalents and short-term investments</b>wereRMB83.4 billion(US$12.7 billion) as ofMarch 31, 2021, compared withRMB87.0 billionas ofDecember 31, 2020.</p><p><b>Recent Development</b></p><p>As ofApril 30, 2021,US$756.4 millionof the 0% convertible bonds due in 2024 have been converted into newly issued ADSs.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1115191257","content_text":"Chinese e-commerce platform Pinduoduo Inc's quarterly revenue beat Wall Street estimates on Wednesday, driven by steady demand for online shopping following the COVID-19 pandemic.Total revenue more than tripled to 22.17 billion yuan ($3.47 billion)in the first quarter, boosted by Pinduoduo's online marketing services revenue. Analysts on average had expected revenue of 20.2 billion yuan, according to IBES data from Refinitiv.The interactive buying platform's net loss attributable to shareholders narrowed to 2.91 billion yuan in the quarter ended March 31, from 4.12 billion yuan a year earlier.Active buyers on Pinduoduo in the 12-month period ended March rose 31% to about 824 million, outpacing Alibaba's 811 million.Pinduoduo stock surged more than 3% in premarket trading.First Quarter 2021 HighlightsTotal revenues in the quarter were RMB22,167.1 million (US$13,383.4 million), an increase of 239% from RMB6,541.1 millionin the same quarter of 2020.Average monthly active users in the quarter was 724.6 million, an increase of 49% from 487.4 million in the same quarter of 2020.Active buyers in the twelve-month period endedMarch 31, 2021was 823.8 million, an increase of 31% from 628.1 million in the twelve-month period endedMarch 31, 2020.Operating loss in the quarter was RMB4,147.0 million(US$633.0 million), compared with operating loss of RMB4,397.2 millionin the same quarter of 2020.Non-GAAP4 operating loss in the quarter wasRMB 3,174.1 million(US$484.5 million), compared with operating loss ofRMB3,587.9 millionin the same quarter of 2020.Net loss attributable to ordinary shareholders in the quarter was RMB2,905.4 million(US$ 443.5 million), compared with RMB4,119.3 millionin the same quarter of 2020.Non-GAAP net loss attributable to ordinary shareholders in the quarter was RMB1,890.3 million(US$288.5 million), compared withRMB3,169.6 millionin the same quarter of 2020.“Our growing scale gives us both greater capacity and responsibility to live up to our mission to ‘benefit all’,” said Mr.Lei Chen, Chairman and Chief Executive Officer ofPinduoduo. “We envisionPinduoduoas a platform that not only facilitates the trading of goods and services but also serves as a conduit for turning ideas into solutions to everyday problems.”“We remain laser-focused on serving our users and anticipating what they need, and doing so in a way that is respectful of the community and environment,” added Mr.David Liu, Vice President of Strategy. “We will continue to engage our users, merchants and partners in improving all aspects of our services.”“We continued to deliver strong results in the first quarter and remain disciplined,” said Mr.Tony Ma, Vice President of Finance. “Our total revenues, excluding contribution from merchandise sales, for the first quarter 2021 increased 161% from the prior year, while our non-GAAP operating and net losses narrowed at the same time.”First Quarter 2021 Unaudited Financial ResultsTotal revenueswereRMB22,167.1 million(US$3,383.4 million), an increase of 239% fromRMB6,541.1 millionin the same quarter of 2020. The increase was primarily due to an increase in revenues from online marketing services and contribution from merchandise sales.Revenues from online marketing services and otherswereRMB14,111.5 million(US$2,153.8 million), an increase of 157% fromRMB5,492.3 millionin the same quarter of 2020.Revenues from transaction serviceswereRMB2,931.5 million(US$447.4 million), an increase of 180% fromRMB1,048.8 millionin the same quarter of 2020.Revenues from merchandise saleswereRMB5,124.1 million(US$782.1 million), an increase ofRMB5,124.1 millionfrom nil in the same quarter of 2020.Total costs of revenueswereRMB10,746.1 million(US$1,640.2 million), an increase of 487% fromRMB1,830.2 millionin the same quarter of 2020. The increase was mainly due to costs attributable to merchandise sales, higher cost of payment processing fees, cloud services fees, and delivery and storage fees.Total operating expenseswereRMB15,568.0 million(US$2,376.1 million), compared withRMB9,108.0 millionin the same quarter of 2020.Sales and marketing expenseswereRMB12,997.4 million(US$1,983.8 million), an increase of 78% fromRMB7,296.6 millionin the same quarter of 2020, mainly due to an increase in advertising expenses and promotion and coupon expenses.General and administrative expenseswereRMB351.9 million(US$53.7 million), an increase of 4% fromRMB338.3 millionin the same quarter of 2020.Research and development expenseswereRMB2,218.7 million(US$338.6 million), an increase of 51% fromRMB1,473.2 millionin the same quarter of 2020. The increase was primarily due to an increase in headcount and the recruitment of more experienced R&D personnel and an increase in R&D-related cloud services expenses.Operating losswasRMB4,147.0 million(US$633.0 million), compared with operating loss ofRMB4,397.2 millionin the same quarter of 2020.Non-GAAP operating losswasRMB3,174.1 million(US$484.5 million), compared with operating loss ofRMB3,587.9 millionin the same quarter of 2020.Net loss attributable to ordinary shareholderswasRMB2,905.4 million(US$443.5 million), compared withRMB4,119.3 millionin the same quarter of 2020.Non-GAAP net loss attributable to ordinary shareholderswasRMB1,890.3 million(US$288.5 million), compared withRMB3,169.6 millionin the same quarter of 2020.Basic and diluted net loss per ADSwereRMB2.33(US$0.36), compared withRMB3.54in the same quarter of 2020.Non-GAAP basic and diluted net loss per ADSwereRMB1.52(US$0.23), compared withRMB2.73in the same quarter of 2020.Net cash flow used in operating activitieswasRMB3,724.5 million(US$568.5 million), compared withRMB567.1 millionin the same quarter of 2020, primarily due to an increase in restricted cash outflow due to seasonality, offset by increase in online marketing services revenues.Cash, cash equivalents and short-term investmentswereRMB83.4 billion(US$12.7 billion) as ofMarch 31, 2021, compared withRMB87.0 billionas ofDecember 31, 2020.Recent DevelopmentAs ofApril 30, 2021,US$756.4 millionof the 0% convertible bonds due in 2024 have been converted into newly issued ADSs.","news_type":1},"isVote":1,"tweetType":1,"viewCount":146,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":138606469,"gmtCreate":1621931364551,"gmtModify":1634185398404,"author":{"id":"3570871195511512","authorId":"3570871195511512","name":"Ash7m","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570871195511512","idStr":"3570871195511512"},"themes":[],"htmlText":"Good to know that the business is performing well!&nbsp;","listText":"Good to know that the business is performing well!&nbsp;","text":"Good to know that the business is performing well!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/138606469","repostId":"1162584877","repostType":4,"isVote":1,"tweetType":1,"viewCount":296,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":138085336,"gmtCreate":1621901304625,"gmtModify":1634185724144,"author":{"id":"3570871195511512","authorId":"3570871195511512","name":"Ash7m","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570871195511512","idStr":"3570871195511512"},"themes":[],"htmlText":"Great information!&nbsp;","listText":"Great information!&nbsp;","text":"Great information!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/138085336","repostId":"1108214541","repostType":4,"repost":{"id":"1108214541","kind":"news","pubTimestamp":1621899183,"share":"https://www.laohu8.com/m/news/1108214541?lang=&edition=full","pubTime":"2021-05-25 07:33","market":"us","language":"en","title":"Amazon nears deal to buy MGM Studios for nearly $9 billion","url":"https://stock-news.laohu8.com/highlight/detail?id=1108214541","media":"cnbc","summary":"KEY POINTS\n\nAmazon is close to a deal to buy MGM Studios for between $8.5 billion and $9 billion, so","content":"<div>\n<p>KEY POINTS\n\nAmazon is close to a deal to buy MGM Studios for between $8.5 billion and $9 billion, sources say.\nIt would be Amazon’s biggest acquisition since it bought Whole Foods in 2017 for $13.7 ...</p>\n\n<a href=\"https://www.cnbc.com/2021/05/24/amazon-nears-deal-to-buy-mgm-for-nearly-9-billion.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>Amazon nears deal to buy MGM Studios for nearly $9 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; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmazon nears deal to buy MGM Studios for nearly $9 billion\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-25 07:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/05/24/amazon-nears-deal-to-buy-mgm-for-nearly-9-billion.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nAmazon is close to a deal to buy MGM Studios for between $8.5 billion and $9 billion, sources say.\nIt would be Amazon’s biggest acquisition since it bought Whole Foods in 2017 for $13.7 ...</p>\n\n<a href=\"https://www.cnbc.com/2021/05/24/amazon-nears-deal-to-buy-mgm-for-nearly-9-billion.html\">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.cnbc.com/2021/05/24/amazon-nears-deal-to-buy-mgm-for-nearly-9-billion.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1108214541","content_text":"KEY POINTS\n\nAmazon is close to a deal to buy MGM Studios for between $8.5 billion and $9 billion, sources say.\nIt would be Amazon’s biggest acquisition since it bought Whole Foods in 2017 for $13.7 billion.\nA transaction could be announced as soon as Tuesday, sources say.\n\nAmazonis nearing a deal to acquire MGM Studios, the co-owner of the James Bond franchise and other film and TV series, for between $8.5 billion and $9 billion, according to people familiar with the matter.\nThe deal is expected to be announced as soon as Tuesday. The people asked not to be named because the talks are private.\nIt would mark Amazon’s biggest acquisition since itbought Whole Foods in 2017 for $13.7 billion.\nThe Wall Street Journalreported earlier Mondaythat the deal could be announced this week.\nAmazon is interested in acquiring more TV and film content for its Prime Video service as it competes withNetflix,Disneyand other streaming video services. MGM is a natural fit for any streaming service because of its plethora of content.\nMGM, which is a private company,has been seeking a buyer for several years. Its owners include Anchorage Capital, Highland Capital Partners, Davidson, Kempner Capital Management, Solus Alternative Asset Management and Owl Creek Investments — funds that took control of the studio when it emerged from bankruptcy in 2010.\nMGM owns a number of famed movie and TV franchises, including Rocky, Legally Blonde, The Pink Panther and Stargate. It also owns a studio, which has made more current hit TV shows, including \"The Handmaid's Tale\" and \"Fargo.\"\nMGM owns a number of popular reality TV shows, including \"Shark Tank,\" \"Survivor,\" \"The Real Housewives\" series and \"The Voice.\"\nMGM also owns Epix, a premium pay-TV servicevalued at about $1.3 billionin 2017.\nMGM and Amazon representatives weren't immediately available to comment.","news_type":1},"isVote":1,"tweetType":1,"viewCount":200,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":131291513,"gmtCreate":1621861166132,"gmtModify":1634186027974,"author":{"id":"3570871195511512","authorId":"3570871195511512","name":"Ash7m","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570871195511512","idStr":"3570871195511512"},"themes":[],"htmlText":"Good sharing!&nbsp;","listText":"Good sharing!&nbsp;","text":"Good sharing!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/131291513","repostId":"1154364832","repostType":2,"isVote":1,"tweetType":1,"viewCount":179,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":131299968,"gmtCreate":1621861011254,"gmtModify":1634186029464,"author":{"id":"3570871195511512","authorId":"3570871195511512","name":"Ash7m","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570871195511512","idStr":"3570871195511512"},"themes":[],"htmlText":"Is the stock&nbsp;undervalue till&nbsp;the company is repurchasing its share?&nbsp;","listText":"Is the stock&nbsp;undervalue till&nbsp;the company is repurchasing its share?&nbsp;","text":"Is the stock undervalue till the company is repurchasing its share?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/131299968","repostId":"2137132282","repostType":4,"isVote":1,"tweetType":1,"viewCount":166,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":180135759,"gmtCreate":1623194278171,"gmtModify":1631893537724,"author":{"id":"3570871195511512","authorId":"3570871195511512","name":"Ash7m","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570871195511512","authorIdStr":"3570871195511512"},"themes":[],"htmlText":"Worth to check out the company?&nbsp;","listText":"Worth to check out the company?&nbsp;","text":"Worth to check out the company?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/180135759","repostId":"2141426170","repostType":4,"isVote":1,"tweetType":1,"viewCount":646,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":103834871,"gmtCreate":1619765073393,"gmtModify":1634210081040,"author":{"id":"3570871195511512","authorId":"3570871195511512","name":"Ash7m","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570871195511512","authorIdStr":"3570871195511512"},"themes":[],"htmlText":"More to come. 😊","listText":"More to come. 😊","text":"More to come. 😊","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/103834871","repostId":"1153490597","repostType":4,"isVote":1,"tweetType":1,"viewCount":238,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372058268,"gmtCreate":1619161637954,"gmtModify":1634288084662,"author":{"id":"3570871195511512","authorId":"3570871195511512","name":"Ash7m","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570871195511512","authorIdStr":"3570871195511512"},"themes":[],"htmlText":"Wait and see!&nbsp;","listText":"Wait and see!&nbsp;","text":"Wait and see!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/372058268","repostId":"2129336573","repostType":4,"isVote":1,"tweetType":1,"viewCount":130,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":134180272,"gmtCreate":1622211249996,"gmtModify":1634182791868,"author":{"id":"3570871195511512","authorId":"3570871195511512","name":"Ash7m","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570871195511512","authorIdStr":"3570871195511512"},"themes":[],"htmlText":"Wow!&nbsp;","listText":"Wow!&nbsp;","text":"Wow!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/134180272","repostId":"1157072297","repostType":2,"isVote":1,"tweetType":1,"viewCount":496,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":138606469,"gmtCreate":1621931364551,"gmtModify":1634185398404,"author":{"id":"3570871195511512","authorId":"3570871195511512","name":"Ash7m","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570871195511512","authorIdStr":"3570871195511512"},"themes":[],"htmlText":"Good to know that the business is performing well!&nbsp;","listText":"Good to know that the business is performing well!&nbsp;","text":"Good to know that the business is performing well!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/138606469","repostId":"1162584877","repostType":4,"isVote":1,"tweetType":1,"viewCount":296,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":344050831,"gmtCreate":1618361906223,"gmtModify":1634293483256,"author":{"id":"3570871195511512","authorId":"3570871195511512","name":"Ash7m","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570871195511512","authorIdStr":"3570871195511512"},"themes":[],"htmlText":"Let's ride on the market!&nbsp;","listText":"Let's ride on the market!&nbsp;","text":"Let's ride on the market!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/344050831","repostId":"1176504888","repostType":4,"repost":{"id":"1176504888","kind":"news","pubTimestamp":1618357624,"share":"https://www.laohu8.com/m/news/1176504888?lang=&edition=full","pubTime":"2021-04-14 07:47","market":"us","language":"en","title":"S&P 500 closes at record, Nasdaq adds 1% as stocks shake off J&J vaccine halt, higher inflation","url":"https://stock-news.laohu8.com/highlight/detail?id=1176504888","media":"CNBC","summary":"U.S. stocks traded mostly higher on Tuesday after a March inflation report turned out not as bad as ","content":"<div>\n<p>U.S. stocks traded mostly higher on Tuesday after a March inflation report turned out not as bad as some traders feared, but the impact of a halt to the rollout of Johnson & Johnson vaccine kept ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/12/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>S&P 500 closes at record, Nasdaq adds 1% as stocks shake off J&J vaccine halt, higher inflation</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nS&P 500 closes at record, Nasdaq adds 1% as stocks shake off J&J vaccine halt, higher inflation\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-14 07:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/04/12/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>U.S. stocks traded mostly higher on Tuesday after a March inflation report turned out not as bad as some traders feared, but the impact of a halt to the rollout of Johnson & Johnson vaccine kept ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/12/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":{},"source_url":"https://www.cnbc.com/2021/04/12/stock-market-futures-open-to-close-news.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1176504888","content_text":"U.S. stocks traded mostly higher on Tuesday after a March inflation report turned out not as bad as some traders feared, but the impact of a halt to the rollout of Johnson & Johnson vaccine kept optimism in check.\nThe S&P 500 added 0.33% to finish at 4,141.59 and locked in a new closing high. The Nasdaq Composite, the relative outperformer, gained just over 1% to 13,996.1 as Apple and PayPal each added more than 2%. Semiconductor maker Nvidia climbed 3%, Tesla rose 8.6%.\nThe Dow Jones Industrial Average fell 68.13 points, 0.2%, to close at 33,677.27 after dropping more than 150 points earlier in the session.\nReopening trades came under pressure Tuesday morning after the U.S. Food and Drug Administration said it’s recommending a pause in the Johnson & Johnson Covid-19 vaccine after reported cases of blood clotting.\nThere have been six reported cases of a rare and severe type of blood clot after receiving the J&J vaccine, the FDA said. The administration is calling for a pause in the vaccine until Centers for Disease Control and Prevention concludes its investigation into these cases.\n“Until that process is complete, we are recommending this pause,” the FDA said. “This is important to ensure that the health care provider community is aware of the potential for these adverse events and can plan due to the unique treatment required with this type of blood clot.”\nActing FDA Commissioner Janet Woodcock said later Tuesday that she expects the pause to last “a matter of days.” More than 6.8 million doses of the single-dose vaccine have been administered in the U.S. J&J shares lost 1.3%.\nJeff Zients, the White House Covid-19 response coordinator, replied that the FDA’s announcement should not have a material impact on the national effort to vaccinate.\n“Over the last few weeks, we have made available more than 25 million doses of Pfizer and Moderna each week, and in fact this week we will make available 28 million doses of these vaccines,” he added. “This is more than enough supply to continue the current pace of vaccinations of 3 million shots per day, and meet the President’s goal of 200 million shots by his 100th day in office.”\nStill, shares of companies that would be hurt the most if the vaccine rollout slows underperformed Tuesday.\nAlaska Air and American Airlines both lost 1.5%; car-rental company Avis Budget shed nearly 1%. Shares of Moderna, which makes another coronavirus vaccine, jumped 7.4% following the J&J news, which was reported first by The New York Times.\n“I don’t think there’s going to be a huge reaction in the market beyond the knee-jerk reaction we’re getting here right now,” said Mike Wilson, chief U.S. equity strategist for Morgan Stanley, on CNBC’s “Squawk Box.” “We’re optimistic, very optimistic that we’re going to be reopened fully in the second half of this year.”\nThe consumer price index, one of Wall Street’s most-popular inflation gauges, rose 0.6% in March and increased 2.6% from the same period a year ago. Economists polled by Dow Jones were projecting the headline index to rise by 0.5% month over month and 2.5% year over year.\nCore CPI, which excludes volatile food and energy costs, increased 0.3% monthly and 1.6% year over year.\nGovernment officials, including Federal Reserve Chair Jerome Powell on Sunday and Biden administration economists on Monday, stressed that while they expect a jump in inflation in the months ahead, the change could prove temporary due to comparisons with last year’s pandemic lockdowns and extra consumer spending from stimulus checks and pent-up demand.\nPrivate sector strategists and economists also said that the reading may not be a true gauge of rising prices. Fed officials said they are willing to let inflation run hot for a period of time without changing their accommodative policy stance, including asset purchases and a benchmark interest near zero.\n“US equities are drifting slightly higher Tuesday as investors digest a higher-than-expected inflation in the CPI report and position ahead of 1Q21 earnings, which start on Wednesday,” Chris Hussey, a managing director at Goldman Sachs, wrote in a note.\n“Underneath the surface, the market is assuming a defensive posture today led by mega-cap Tech and the bond proxies -- Utilities and Real Estate,” he added.\nThe market has been calm over the past week as Wall Street settled into a lull ahead of the first-quarter earnings season. Corporate news is set to pick up later in the week, with JPMorgan Chase, Goldman Sachs and Delta Air Lines among the companies set to report quarterly results.\nThe bond market was also subdued on Tuesday, with the 10-year Treasury yield edging lower to just above 1.62%. Yields move inversely to prices.","news_type":1},"isVote":1,"tweetType":1,"viewCount":131,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":112481097,"gmtCreate":1622902462819,"gmtModify":1631893537748,"author":{"id":"3570871195511512","authorId":"3570871195511512","name":"Ash7m","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570871195511512","authorIdStr":"3570871195511512"},"themes":[],"htmlText":"You may want to have a look on these stocks!&nbsp;","listText":"You may want to have a look on these stocks!&nbsp;","text":"You may want to have a look on these stocks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/112481097","repostId":"1119588401","repostType":4,"repost":{"id":"1119588401","kind":"news","pubTimestamp":1622854800,"share":"https://www.laohu8.com/m/news/1119588401?lang=&edition=full","pubTime":"2021-06-05 09:00","market":"us","language":"en","title":"Revenge of the blue chips: Shares of legacy stocks are beating their disruptors this year","url":"https://stock-news.laohu8.com/highlight/detail?id=1119588401","media":"CNBC","summary":"Legacy companies are having the last laugh against their disruptor counterparts in 2021. Yet, Wall Street expects the innovation stocks will retake the lead again eventually.After getting trounced in recent years, incumbent stocks like Ford,Disney and Goldman Sachs are beating their competitors Tesla,Netflix and PayPal, respectively, this year. Big-box retailer Walmart is even neck and neck with e-commerce juggernautAmazonin 2021.Shares of Ford are up nearly 82% this year, while Tesla’s stock ha","content":"<div>\n<p>Legacy companies are having the last laugh against their disruptor counterparts in 2021. Yet, Wall Street expects the innovation stocks will retake the lead again eventually.\nAfter getting trounced in...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/04/revenge-of-the-blue-chips-shares-of-legacy-stocks-are-beating-their-disruptors-this-year.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>Revenge of the blue chips: Shares of legacy stocks are beating their disruptors this year</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRevenge of the blue chips: Shares of legacy stocks are beating their disruptors this year\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-05 09:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/04/revenge-of-the-blue-chips-shares-of-legacy-stocks-are-beating-their-disruptors-this-year.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Legacy companies are having the last laugh against their disruptor counterparts in 2021. Yet, Wall Street expects the innovation stocks will retake the lead again eventually.\nAfter getting trounced in...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/04/revenge-of-the-blue-chips-shares-of-legacy-stocks-are-beating-their-disruptors-this-year.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DIS":"迪士尼",".DJI":"道琼斯","F":"福特汽车",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","GS":"高盛","WMT":"沃尔玛"},"source_url":"https://www.cnbc.com/2021/06/04/revenge-of-the-blue-chips-shares-of-legacy-stocks-are-beating-their-disruptors-this-year.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1119588401","content_text":"Legacy companies are having the last laugh against their disruptor counterparts in 2021. Yet, Wall Street expects the innovation stocks will retake the lead again eventually.\nAfter getting trounced in recent years, incumbent stocks like Ford,Disney and Goldman Sachs are beating their competitors Tesla,Netflix and PayPal, respectively, this year. Big-box retailer Walmart is even neck and neck with e-commerce juggernautAmazonin 2021.\n\nShares of Ford are up nearly 82% this year, while Tesla’s stock has fallen about 15%. Goldman Sachs has rallied about 48% since January, and PayPal is up just 12%. Disney is down 2.7%, less than streaming giant Netflix, which is 8% in the red. Walmart has dipped 1.7% year to date. E-commerce giant Amazon, meanwhile, has fallen 2.15% in 2021.\nThe outperformance of the so-called incumbents comes amid a rotation this year out of growth stocks due to an inflation overhang, and how the Federal Reserve might respond to rising prices. Technology investors worry the central bank could roll back its easy policies and let interest rates rise. This would knock the growth sector, which relies heavily on borrowing money for cheap to fund long-term investments and innovations. Low rates also help make their high valuations more tolerable to investors.\n“As for the rotational part, a lot has to do with the direction of interest rates with up good for value, down good for growth,” Bleakley Advisory Group chief investment officer Peter Boockvar told CNBC.\nInvestors have also been rewarding stocks that benefit from the economic reopening. Investors expect people will buy cars, travel to Disney’s theme parks and start returning to in-person shopping as the Covid-19 vaccine rollout continues.\nBeating disruptors at their own game\nTesla — which popularized electric vehicles — is facing real competition in the space from the incumbents while juggling negative headlines of its own. The company also seems to be losing some of its grip on the hot EV market.\nFord popped 5% on Thursday after reporting that electric vehicle sales rose 184% year-over-year in May to 10,364 vehicles. The automaker said it has been receiving a “massive” number of reservations for its all-electric F-150 Lightning in the past two weeks, totaling over 70,000 trucks.\n“For Ford, they are impressing people with their EV rollout while Tesla backs off from its extreme valuation in the growth to value rotation,” Boockvar added.\nFord also unveiled Thursday a new compact pick up truck called Maverick, which Ford expects to go on sale by the end of the year. The company hopes the addition to its truck lineup will attract more West Coast customers.\nGoldman Sachs benefited from the rotation into value groups, like financials. The bank has gotten a boost from increasing capital markets activity, while PayPal’s market multiple gets questioned, Boockvar said.\nThe streaming wars between Disney and Netflix heated up this year, after Disney+ topped 100 million subscribers just 16 months after it launched. Meanwhile, Netflix saw a dramatic subscriber slowdown in the fiscal second quarter, missing estimates by more than 2 million subscribers.\nNetflix said the slowdown in subscriber numbers could be blamed on the ongoing coronavirus pandemic, which forced the company to delay some of its big-name shows and films. In turn, Disney is benefiting this year as its parks reopened following closures during the pandemic.\nLastly, the Walmart and Amazon battle is neck and neck. Both stocks are trading around the flatline for the year after impressive returns in 2020 (Amazon rose 76.3% and Walmart rallied 21.3%). Amazon was a major beneficiary of the pandemic, but Walmart adapted quickly and saw sales surge.\nWalmart reported last month strong grocery sales and e-commerce growth and raised its outlook for the year.\n“The Walmart vs. Amazon story is now an intense competitive battle,” Boockvar said.\nReversal ahead?\nDespite the first half’s underperformance, Wall Street is expecting its disruptor darlings to return to favor in the next year.\nAll of the so-called disruptors have average 12-month price targets well above their incumbent counterparts, according to FactSet.\n\nWall Street expects Ford to drop 7.1% in the next 12 months, while Tesla is forecast to gain 16.8%, according to the average analyst forecast collected by FactSet.\nPiper Sandler said the aforementioned headlines about Tesla losing EV market share is “more nuanced” than many investors appreciate, while keeping its $1,200 per share price target on the stock.\n“We still think investors should use sell-offs to build positions,” Piper Sandler senior research analyst Alexander Potter said.\nGoldman Sachs is estimated to gain a mere 1%, while PayPal is expected to rally 22% in the next year, FactSet data shows.\nLoop Capital Markets told clients despite PayPal’s stellar first quarter earnings and guidance raise, “the path forward seems even brighter,” analyst Kenneth Hill said.\n“We like the cadence of product development in the business and how that is translating to greater engagement and more consistent earnings growth,” he added. The firm has a $333 per share price target on PayPal’s stock.\nDisney is forecast to gain about 17.4% in the next 12 months, while Netflix is estimated to add 25.9% to its price, according to FactSet.\nStifel — which upgraded Netflix to buy after the streaming company’s earnings in April — expects Netflix to experience mid-teens revenue growth with rising operating margins and significant free cash flow generation.\n“We expect a 3- to-9 month period of working through the remaining COVID comp issues followed by a multi-year period in which the stock can compound at a rate consistent with revenue growth,” Stifel analyst Scott Devitt said.\nAnalysts see Walmart gaining 15.3% in a year, but Amazon is estimated to gain 33.6% in the next 12 months, per FactSet.\nMorgan Stanley — which has a $4,500 per share price target on Amazon — said that Amazon is prepping for a broad one-day shipping offering that will further shift the e-commerce goal posts and raise customer expectations.\n“Increased same-day expectations would only further raise the cost to compete within e-commerce and raise the value of AMZN’s growing in-house delivery network,” Morgan Stanley equity analyst Brian Nowak told clients.","news_type":1},"isVote":1,"tweetType":1,"viewCount":715,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":116764325,"gmtCreate":1622819926567,"gmtModify":1631893537762,"author":{"id":"3570871195511512","authorId":"3570871195511512","name":"Ash7m","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570871195511512","authorIdStr":"3570871195511512"},"themes":[],"htmlText":"Good to have stock in your portfolio!&nbsp;","listText":"Good to have stock in your portfolio!&nbsp;","text":"Good to have stock in your portfolio!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/116764325","repostId":"1154529120","repostType":4,"repost":{"id":"1154529120","kind":"news","pubTimestamp":1622810459,"share":"https://www.laohu8.com/m/news/1154529120?lang=&edition=full","pubTime":"2021-06-04 20:40","market":"hk","language":"en","title":"Can Alibaba Stock Hit $500? If You Got Time, Yes","url":"https://stock-news.laohu8.com/highlight/detail?id=1154529120","media":"seekingalpha","summary":"Alibaba is a battleground stock where some see a lot of opportunities, while others see many risks.I believe that there are both opportunities and risks, but would see the prior outweighing the latter.In the long run, BABA has a chance of delivering strong gains for those that buy at the current, quite low, valuation.Since its IPO, Alibaba has seen strong share price gains, but it should also be mentioned that shares did peek in H2 2020, and have declined considerably since then:. Alibaba Group'","content":"<p><b>Summary</b></p>\n<ul>\n <li>Alibaba is a battleground stock where some see a lot of opportunities, while others see many risks.</li>\n <li>I believe that there are both opportunities and risks, but would see the prior outweighing the latter.</li>\n <li>In the long run, BABA has a chance of delivering strong gains for those that buy at the current, quite low, valuation.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/567d19950e6c8789ce2192b4503f0fa5\" tg-width=\"1536\" tg-height=\"653\" referrerpolicy=\"no-referrer\"><span>Photo by efetova/iStock via Getty Images</span></p>\n<p><b>Article Thesis</b></p>\n<p>Alibaba Group (BABA) is a leading global high-tech name that continues to generate attractive growth and that offers investors exposure to the high-growth Chinese consumer market. At the same time, through a range of ventures, Alibaba is also active in additional industries, such as cloud computing. Shares have declined considerably over the last couple of months, but I believe that the long-term potential is significant. I would not be surprised to see shares rise towards $500, although that will not happen in the near term.</p>\n<p><b>BABA Stock Price</b></p>\n<p>Since its IPO, Alibaba has seen strong share price gains, but it should also be mentioned that shares did peek in H2 2020, and have declined considerably since then:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8079eeb5384ea003fb3725d3cd1e877f\" tg-width=\"635\" tg-height=\"403\"><span>Data byYCharts</span></p>\n<p>Shares are now basically where they were one year ago, as the gains during summer 2020 have been erased when Ant Financial's IPO plans were stopped. The flat share price performance over the last year is somewhat surprising, though, as Alibaba continued to generate strong results in that time frame. During the last quarter, for example, Alibaba showcased a&nbsp;revenue growth rate of 64%, while revenue growth during the previous quarter was also very strong, at around 50%. This is not the only positive in Alibaba's earnings releases, however. The company also managed to grow its user count by 32 million during the most recent quarter alone, which equates to an annualized user growth rate of around 20%. This bodes well for future quarters, as more users on Alibaba's platform should translate into higher revenues. On top of that, the strong user growth shows that there is still growing demand for the shopping services that Alibaba's platforms offer -- the market is not saturated at all. Alibaba also managed to grow its EBITDA by 25% year over year, which is an attractive growth pace as well, and which was achieved despite growing investments in what management calls key growth areas. Income from operations, meanwhile, grew at an even faster pace, thanks to some operating leverage, rising by 48% year over year when adjusted for the fine that Alibaba had to pay during Q1. It makes, I believe, sense to back out this one-time item to get a clearer picture about Alibaba's underlying, \"core\" profitability during an average quarter.</p>\n<p>Alibaba Group's weak share price performance, relative to the broad market and other tech names, is thus not the result of weak operating performance, but rather a result of multiple compression, driven by weak investor sentiment due to China exposure and&nbsp;fears about regulation.</p>\n<p>At its current price of $220, BABA trades at a quite large discount compared to the current consensus analyst price target of $298. If Alibaba were to hit that, shares would gain 35%. Analyst price targets are usually issued with a 1-year time frame, thus, if the analyst community is correct, Alibaba could be a great investment. From a valuation standpoint, this price target doesn't seem outrageous at all, as $298 would equate to around 29x this year's expected net profits, or 23x next year's net earnings. The latter is likely the more telling one when we talk about a price target for summer 2022, i.e. 1 year from now.</p>\n<p><b>Can Alibaba Stock Hit $500?</b></p>\n<p>The answer to that question, I think, depends on your time frame. If you are looking at a 12-month window, then Alibaba will most likely not be able to hit $500. The ~$300 price target seems achievable, although that is, of course, also not guaranteed. If, however, we take a longer-term view, then $500 seems like a share price that BABA could hit eventually. Let's look at a couple of examples.</p>\n<p><i>- If Alibaba were to generate earnings per share of $20 at some point and traded at an earnings multiple of 25, then shares would trade at $500.</i></p>\n<p><i>- If Alibaba were to generate earnings per share of $25 and traded at a 20x earnings multiple, then shares would trade at $500.</i></p>\n<p><i>- If Alibaba were to generate earnings per share of $17 and traded at 29x its net profits, then shares would trade at (marginally below) $500.</i></p>\n<p>We see that there are many scenarios that could get us to a $500 share price for BABA, some of them more likely than others. Of course, the higher your target multiple, the lower the earnings that would be required. This, in turn, means that the price target can be hit sooner, as less cumulative earnings growth would be required. When we take a look at how Alibaba was valued in the past, we see that the longer-term median earnings multiples for BABA look like this:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dd2d42b7094deb394266d6410287c2e4\" tg-width=\"635\" tg-height=\"436\"><span>Data byYCharts</span></p>\n<p>At 30-40x net earnings, Alibaba was clearly trading at a massive premium relative to how shares are valued today (around 20x this year's earnings). I think that the current valuation is too low, but on the other hand, I do not expect Alibaba to trade at 30, 35, or even 40x net profits in coming years. Due to the growing scale of Alibaba, which makes it a little harder to maintain its excellent growth in coming years, shares will likely trade at a lower valuation in coming years, compared to how they were valued in the past.</p>\n<p>I still think that shares do have some valuation expansion potential from the current earnings multiple of around 21, thus let's assume that shares trade at 23x net profits in the future. This would still represent a massive discount versus the historic valuation, and also a substantial discount compared to how US-based high-tech mega-caps are valued -- Amazon (AMZN), for example, trades at 59x this year's earnings.</p>\n<p>If we want to get to a $500 share price for BABA using a 23x earnings multiple, then we get to earnings per share of $21.70 that Alibaba must generate. When could this be the case? In the following chart, we see EPS estimates for the current year, next year (CY 2022), and CY 2023:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6fcf78e0b071eff9753afbdcd96f751c\" tg-width=\"635\" tg-height=\"436\"><span>Data byYCharts</span></p>\n<p>If analysts are right, Alibaba will not get to earn $22 a share through 2023, and I think that is realistic. I do not see earnings per share rising by 100%+ between this year and 2023, either. From 2023, it would take another 43% increase in Alibaba's earnings per share to get to $21.70, which is our \"target EPS\" for a $500 share price.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7b4c351b4b5eb3328191ccaa9a3b776c\" tg-width=\"635\" tg-height=\"403\"><span>Data byYCharts</span></p>\n<p>Analysts are currently forecasting long-term EPS growth of around 27%, which would mean it would take Alibaba about 1.5 years to grow its EPS from $15.20 (2023 estimate) to our target of $21.70. Even if we assume that this is too optimistic and that growth will be just 20% in 2024 and 2025, EPS of $21.70 could be hit by the end of 2025. So, in other words, if Alibaba grows a little less than what analysts are forecasting right now, Alibaba could trade at $500 by the end of 2025 -- or 4.5 years from now. Note that this scenario does not require a high earnings multiple at all -- at 23x net profits, Alibaba wouldn't be expensive, I believe.</p>\n<p>We can get even more conservative and assume that the 2023 EPS estimate is 10% too high and that EPS will grow by just 17% a year in the years beyond 2023 (versus a long-term forecast of 27% a year by the analyst community). In that case, Alibaba would hit $21.70 in earnings per share in 2026, and shares would rise to $500 over the next 5.5 years. Even in this scenario, BABA wouldn't be a bad investment at all -- a 130% share price increase from the current level over the next 5.5 years would equate to annualized returns of 16%.</p>\n<p>So, to sum this section up, I'd say<i>yes, BABA can hit $500</i>-- but it will realistically take a couple of years. By the mid-2020s, this seems like a very achievable goal to me, although there are, of course, no guarantees.</p>\n<p><b>Is Alibaba Stock A Buy Or Sell Now?</b></p>\n<p>Alibaba Group is, I believe, a strong investment. The company generates strong growth, profits from multiple long-term macro trends, such as growing consumer spending in China, growing e-commerce market share, and cloud computing. There are, however, risks to consider: Alibaba is highly China-dependent, and in case the economic growth story in China ends, Alibaba would be hurt a lot. On top of that, Alibaba could be targeted again by regulators, although I personally think that it is not in China's best interest to hurt one of its highest-growth tech companies.</p>\n<p>For those that worry about these risks, Alibaba may not be the right choice, but for those that see Alibaba as a potentially very rewarding play on Chinese consumers, BABA could be a strong pick in a diversified portfolio. I belong to the latter group and thus rate the stock a buy at current valuations, expecting significant upside over the coming years. Depending on your risk tolerance and how you weigh the opportunities and threats of investing in Chinese companies, you may decide differently, however.</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>Can Alibaba Stock Hit $500? 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If You Got Time, Yes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-04 20:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4432992-alibaba-stock-hit-500><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nAlibaba is a battleground stock where some see a lot of opportunities, while others see many risks.\nI believe that there are both opportunities and risks, but would see the prior outweighing ...</p>\n\n<a href=\"https://seekingalpha.com/article/4432992-alibaba-stock-hit-500\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://seekingalpha.com/article/4432992-alibaba-stock-hit-500","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154529120","content_text":"Summary\n\nAlibaba is a battleground stock where some see a lot of opportunities, while others see many risks.\nI believe that there are both opportunities and risks, but would see the prior outweighing the latter.\nIn the long run, BABA has a chance of delivering strong gains for those that buy at the current, quite low, valuation.\n\nPhoto by efetova/iStock via Getty Images\nArticle Thesis\nAlibaba Group (BABA) is a leading global high-tech name that continues to generate attractive growth and that offers investors exposure to the high-growth Chinese consumer market. At the same time, through a range of ventures, Alibaba is also active in additional industries, such as cloud computing. Shares have declined considerably over the last couple of months, but I believe that the long-term potential is significant. I would not be surprised to see shares rise towards $500, although that will not happen in the near term.\nBABA Stock Price\nSince its IPO, Alibaba has seen strong share price gains, but it should also be mentioned that shares did peek in H2 2020, and have declined considerably since then:\nData byYCharts\nShares are now basically where they were one year ago, as the gains during summer 2020 have been erased when Ant Financial's IPO plans were stopped. The flat share price performance over the last year is somewhat surprising, though, as Alibaba continued to generate strong results in that time frame. During the last quarter, for example, Alibaba showcased a revenue growth rate of 64%, while revenue growth during the previous quarter was also very strong, at around 50%. This is not the only positive in Alibaba's earnings releases, however. The company also managed to grow its user count by 32 million during the most recent quarter alone, which equates to an annualized user growth rate of around 20%. This bodes well for future quarters, as more users on Alibaba's platform should translate into higher revenues. On top of that, the strong user growth shows that there is still growing demand for the shopping services that Alibaba's platforms offer -- the market is not saturated at all. Alibaba also managed to grow its EBITDA by 25% year over year, which is an attractive growth pace as well, and which was achieved despite growing investments in what management calls key growth areas. Income from operations, meanwhile, grew at an even faster pace, thanks to some operating leverage, rising by 48% year over year when adjusted for the fine that Alibaba had to pay during Q1. It makes, I believe, sense to back out this one-time item to get a clearer picture about Alibaba's underlying, \"core\" profitability during an average quarter.\nAlibaba Group's weak share price performance, relative to the broad market and other tech names, is thus not the result of weak operating performance, but rather a result of multiple compression, driven by weak investor sentiment due to China exposure and fears about regulation.\nAt its current price of $220, BABA trades at a quite large discount compared to the current consensus analyst price target of $298. If Alibaba were to hit that, shares would gain 35%. Analyst price targets are usually issued with a 1-year time frame, thus, if the analyst community is correct, Alibaba could be a great investment. From a valuation standpoint, this price target doesn't seem outrageous at all, as $298 would equate to around 29x this year's expected net profits, or 23x next year's net earnings. The latter is likely the more telling one when we talk about a price target for summer 2022, i.e. 1 year from now.\nCan Alibaba Stock Hit $500?\nThe answer to that question, I think, depends on your time frame. If you are looking at a 12-month window, then Alibaba will most likely not be able to hit $500. The ~$300 price target seems achievable, although that is, of course, also not guaranteed. If, however, we take a longer-term view, then $500 seems like a share price that BABA could hit eventually. Let's look at a couple of examples.\n- If Alibaba were to generate earnings per share of $20 at some point and traded at an earnings multiple of 25, then shares would trade at $500.\n- If Alibaba were to generate earnings per share of $25 and traded at a 20x earnings multiple, then shares would trade at $500.\n- If Alibaba were to generate earnings per share of $17 and traded at 29x its net profits, then shares would trade at (marginally below) $500.\nWe see that there are many scenarios that could get us to a $500 share price for BABA, some of them more likely than others. Of course, the higher your target multiple, the lower the earnings that would be required. This, in turn, means that the price target can be hit sooner, as less cumulative earnings growth would be required. When we take a look at how Alibaba was valued in the past, we see that the longer-term median earnings multiples for BABA look like this:\nData byYCharts\nAt 30-40x net earnings, Alibaba was clearly trading at a massive premium relative to how shares are valued today (around 20x this year's earnings). I think that the current valuation is too low, but on the other hand, I do not expect Alibaba to trade at 30, 35, or even 40x net profits in coming years. Due to the growing scale of Alibaba, which makes it a little harder to maintain its excellent growth in coming years, shares will likely trade at a lower valuation in coming years, compared to how they were valued in the past.\nI still think that shares do have some valuation expansion potential from the current earnings multiple of around 21, thus let's assume that shares trade at 23x net profits in the future. This would still represent a massive discount versus the historic valuation, and also a substantial discount compared to how US-based high-tech mega-caps are valued -- Amazon (AMZN), for example, trades at 59x this year's earnings.\nIf we want to get to a $500 share price for BABA using a 23x earnings multiple, then we get to earnings per share of $21.70 that Alibaba must generate. When could this be the case? In the following chart, we see EPS estimates for the current year, next year (CY 2022), and CY 2023:\nData byYCharts\nIf analysts are right, Alibaba will not get to earn $22 a share through 2023, and I think that is realistic. I do not see earnings per share rising by 100%+ between this year and 2023, either. From 2023, it would take another 43% increase in Alibaba's earnings per share to get to $21.70, which is our \"target EPS\" for a $500 share price.\nData byYCharts\nAnalysts are currently forecasting long-term EPS growth of around 27%, which would mean it would take Alibaba about 1.5 years to grow its EPS from $15.20 (2023 estimate) to our target of $21.70. Even if we assume that this is too optimistic and that growth will be just 20% in 2024 and 2025, EPS of $21.70 could be hit by the end of 2025. So, in other words, if Alibaba grows a little less than what analysts are forecasting right now, Alibaba could trade at $500 by the end of 2025 -- or 4.5 years from now. Note that this scenario does not require a high earnings multiple at all -- at 23x net profits, Alibaba wouldn't be expensive, I believe.\nWe can get even more conservative and assume that the 2023 EPS estimate is 10% too high and that EPS will grow by just 17% a year in the years beyond 2023 (versus a long-term forecast of 27% a year by the analyst community). In that case, Alibaba would hit $21.70 in earnings per share in 2026, and shares would rise to $500 over the next 5.5 years. Even in this scenario, BABA wouldn't be a bad investment at all -- a 130% share price increase from the current level over the next 5.5 years would equate to annualized returns of 16%.\nSo, to sum this section up, I'd sayyes, BABA can hit $500-- but it will realistically take a couple of years. By the mid-2020s, this seems like a very achievable goal to me, although there are, of course, no guarantees.\nIs Alibaba Stock A Buy Or Sell Now?\nAlibaba Group is, I believe, a strong investment. The company generates strong growth, profits from multiple long-term macro trends, such as growing consumer spending in China, growing e-commerce market share, and cloud computing. There are, however, risks to consider: Alibaba is highly China-dependent, and in case the economic growth story in China ends, Alibaba would be hurt a lot. On top of that, Alibaba could be targeted again by regulators, although I personally think that it is not in China's best interest to hurt one of its highest-growth tech companies.\nFor those that worry about these risks, Alibaba may not be the right choice, but for those that see Alibaba as a potentially very rewarding play on Chinese consumers, BABA could be a strong pick in a diversified portfolio. I belong to the latter group and thus rate the stock a buy at current valuations, expecting significant upside over the coming years. Depending on your risk tolerance and how you weigh the opportunities and threats of investing in Chinese companies, you may decide differently, however.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1285,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":113969229,"gmtCreate":1622591148261,"gmtModify":1631893537794,"author":{"id":"3570871195511512","authorId":"3570871195511512","name":"Ash7m","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570871195511512","authorIdStr":"3570871195511512"},"themes":[],"htmlText":"Things to take note.&nbsp;","listText":"Things to take note.&nbsp;","text":"Things to take note.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/113969229","repostId":"2139589924","repostType":4,"isVote":1,"tweetType":1,"viewCount":590,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":138085336,"gmtCreate":1621901304625,"gmtModify":1634185724144,"author":{"id":"3570871195511512","authorId":"3570871195511512","name":"Ash7m","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570871195511512","authorIdStr":"3570871195511512"},"themes":[],"htmlText":"Great information!&nbsp;","listText":"Great information!&nbsp;","text":"Great information!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/138085336","repostId":"1108214541","repostType":4,"repost":{"id":"1108214541","kind":"news","pubTimestamp":1621899183,"share":"https://www.laohu8.com/m/news/1108214541?lang=&edition=full","pubTime":"2021-05-25 07:33","market":"us","language":"en","title":"Amazon nears deal to buy MGM Studios for nearly $9 billion","url":"https://stock-news.laohu8.com/highlight/detail?id=1108214541","media":"cnbc","summary":"KEY POINTS\n\nAmazon is close to a deal to buy MGM Studios for between $8.5 billion and $9 billion, so","content":"<div>\n<p>KEY POINTS\n\nAmazon is close to a deal to buy MGM Studios for between $8.5 billion and $9 billion, sources say.\nIt would be Amazon’s biggest acquisition since it bought Whole Foods in 2017 for $13.7 ...</p>\n\n<a href=\"https://www.cnbc.com/2021/05/24/amazon-nears-deal-to-buy-mgm-for-nearly-9-billion.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>Amazon nears deal to buy MGM Studios for nearly $9 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; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmazon nears deal to buy MGM Studios for nearly $9 billion\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-25 07:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/05/24/amazon-nears-deal-to-buy-mgm-for-nearly-9-billion.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nAmazon is close to a deal to buy MGM Studios for between $8.5 billion and $9 billion, sources say.\nIt would be Amazon’s biggest acquisition since it bought Whole Foods in 2017 for $13.7 ...</p>\n\n<a href=\"https://www.cnbc.com/2021/05/24/amazon-nears-deal-to-buy-mgm-for-nearly-9-billion.html\">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.cnbc.com/2021/05/24/amazon-nears-deal-to-buy-mgm-for-nearly-9-billion.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1108214541","content_text":"KEY POINTS\n\nAmazon is close to a deal to buy MGM Studios for between $8.5 billion and $9 billion, sources say.\nIt would be Amazon’s biggest acquisition since it bought Whole Foods in 2017 for $13.7 billion.\nA transaction could be announced as soon as Tuesday, sources say.\n\nAmazonis nearing a deal to acquire MGM Studios, the co-owner of the James Bond franchise and other film and TV series, for between $8.5 billion and $9 billion, according to people familiar with the matter.\nThe deal is expected to be announced as soon as Tuesday. The people asked not to be named because the talks are private.\nIt would mark Amazon’s biggest acquisition since itbought Whole Foods in 2017 for $13.7 billion.\nThe Wall Street Journalreported earlier Mondaythat the deal could be announced this week.\nAmazon is interested in acquiring more TV and film content for its Prime Video service as it competes withNetflix,Disneyand other streaming video services. MGM is a natural fit for any streaming service because of its plethora of content.\nMGM, which is a private company,has been seeking a buyer for several years. Its owners include Anchorage Capital, Highland Capital Partners, Davidson, Kempner Capital Management, Solus Alternative Asset Management and Owl Creek Investments — funds that took control of the studio when it emerged from bankruptcy in 2010.\nMGM owns a number of famed movie and TV franchises, including Rocky, Legally Blonde, The Pink Panther and Stargate. It also owns a studio, which has made more current hit TV shows, including \"The Handmaid's Tale\" and \"Fargo.\"\nMGM owns a number of popular reality TV shows, including \"Shark Tank,\" \"Survivor,\" \"The Real Housewives\" series and \"The Voice.\"\nMGM also owns Epix, a premium pay-TV servicevalued at about $1.3 billionin 2017.\nMGM and Amazon representatives weren't immediately available to comment.","news_type":1},"isVote":1,"tweetType":1,"viewCount":200,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":199025151,"gmtCreate":1620657941673,"gmtModify":1634197338225,"author":{"id":"3570871195511512","authorId":"3570871195511512","name":"Ash7m","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570871195511512","authorIdStr":"3570871195511512"},"themes":[],"htmlText":"Is it good time to top up?&nbsp;","listText":"Is it good time to top up?&nbsp;","text":"Is it good time to top up?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/199025151","repostId":"1175551541","repostType":4,"repost":{"id":"1175551541","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":1620655672,"share":"https://www.laohu8.com/m/news/1175551541?lang=&edition=full","pubTime":"2021-05-10 22:07","market":"us","language":"en","title":"Most of Chinese stocks fell, pinduoduo plunged about 12%","url":"https://stock-news.laohu8.com/highlight/detail?id=1175551541","media":"Tiger Newspress","summary":"(May 10) Most of Chinese stocks fell, pinduodduo plunged about 12%. Shanghai Consumer Council interv","content":"<p>(May 10)&nbsp;Most of Chinese stocks fell, pinduodduo plunged about 12%.&nbsp;Shanghai Consumer Council interviewed Pinduoduo today and pointed out the problems that Pinduoduo has in the protection of consumer rights and interests.</p><p><img src=\"https://static.tigerbbs.com/c73a36bcff161c9cf6c392e19b2e4d9d\" tg-width=\"342\" tg-height=\"640\" referrerpolicy=\"no-referrer\">In&nbsp;addition,&nbsp;days&nbsp;ago,&nbsp;Bloomberg&nbsp;said&nbsp;that&nbsp;<a href=\"https://laohu8.com/S/CAAS\">China</a> considers tighter rules for firms listing overseas.</p><p>China’s securities regulator is weighing tighter rules for companies seeking to list in Hong Kong or overseas, a move that could hit technology firms already smarting from months of clampdowns, according to people familiar with the matter.</p><p>The China Securities Regulatory Commission is considering proposals that would require firms seeking initial public offerings outside mainland China to submit listing documents to ensure they’re compliant with local laws and regulations, the people said. The scrutiny would also seek to prevent any leaks of sensitive data that might be of national security interest, the people added, requesting they not be identified as the matter is private. The discussions are preliminary and could be subject to change.</p><p>When asked if it was considering such changes, the CSRC issued a brief denial without elaborating.</p><p>The heightened regulatory concerns come as the U.S. tightens restrictions on Chinese firms listed on its exchanges, with legislation that requires the companies to allow inspectors to review their financial audits. China has long refused to let the U.S. <a href=\"https://laohu8.com/S/00626\">Public</a> Company Accounting Oversight Board examine audits of firms whose shares trade in America, citing national security interests.</p><p>The measures, if rolled out, could have far-reaching implications for a raft of upstarts that are on the verge of going public. Among them are Bytedance Ltd., which is said to be weighing a listing of some of its China units, and ride-hailing giant Didi Chuxing, people familiar have said. The changes could also ensnare Chinese firms that already trade in foreign markets, requiring them to submit filings to regulators as well, <a href=\"https://laohu8.com/S/AONE\">one</a> of the people said.</p><p>China’s current rules require all locally registered companies and some firms with offshore registrations to seek approval from the securities watchdog when they list in Hong Kong or outside the country. However, many internet stars like Tencent Holdings Ltd. and <a href=\"https://laohu8.com/S/BABA\">Alibaba</a> Group Holding Ltd., registered in places like Cayman Islands or the British Virgin Islands, fall outside the scope of the current regulations. The new rules would seek to lay out more specific reporting guidelines and standardize them across firms, <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the people said.</p><p>It is unclear what impact any news rules may have for companies that operate a so-called Variable Interest Entity -- a vehicle through which virtually every major Chinese internet company attracts foreign investment and lists overseas.</p><p>Regulators have issued a slew of measures placing greater scrutiny on the nation’s tech giants, curtailing their operations on everything from data collection and monopolistic practices. Among the orders issued by financial regulators in April were new guidelines on securitizing assets and seeking overseas listings.</p><p>China has already tightened measures for listings on domestic exchanges including Shanghai’s <a href=\"https://laohu8.com/S/NDAQ\">Nasdaq</a>-style Star board. It’s restricted listings of fintech companies, and banned IPOs by firms that operate mainly in real estate and sectors related to financial investment.</p><p>The clampdown on tech firms led to the postponement of a $35 billion IPO by Jack Ma’s Ant Group Co. in November. On orders from regulators, Ant must drastically revamp its business and will be supervised more like a bank, a move with far-reaching implications for its growth.</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>Most of Chinese stocks fell, pinduoduo plunged about 12%</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\">\nMost of Chinese stocks fell, pinduoduo plunged about 12%\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\">2021-05-10 22:07</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(May 10)&nbsp;Most of Chinese stocks fell, pinduodduo plunged about 12%.&nbsp;Shanghai Consumer Council interviewed Pinduoduo today and pointed out the problems that Pinduoduo has in the protection of consumer rights and interests.</p><p><img src=\"https://static.tigerbbs.com/c73a36bcff161c9cf6c392e19b2e4d9d\" tg-width=\"342\" tg-height=\"640\" referrerpolicy=\"no-referrer\">In&nbsp;addition,&nbsp;days&nbsp;ago,&nbsp;Bloomberg&nbsp;said&nbsp;that&nbsp;<a href=\"https://laohu8.com/S/CAAS\">China</a> considers tighter rules for firms listing overseas.</p><p>China’s securities regulator is weighing tighter rules for companies seeking to list in Hong Kong or overseas, a move that could hit technology firms already smarting from months of clampdowns, according to people familiar with the matter.</p><p>The China Securities Regulatory Commission is considering proposals that would require firms seeking initial public offerings outside mainland China to submit listing documents to ensure they’re compliant with local laws and regulations, the people said. The scrutiny would also seek to prevent any leaks of sensitive data that might be of national security interest, the people added, requesting they not be identified as the matter is private. The discussions are preliminary and could be subject to change.</p><p>When asked if it was considering such changes, the CSRC issued a brief denial without elaborating.</p><p>The heightened regulatory concerns come as the U.S. tightens restrictions on Chinese firms listed on its exchanges, with legislation that requires the companies to allow inspectors to review their financial audits. China has long refused to let the U.S. <a href=\"https://laohu8.com/S/00626\">Public</a> Company Accounting Oversight Board examine audits of firms whose shares trade in America, citing national security interests.</p><p>The measures, if rolled out, could have far-reaching implications for a raft of upstarts that are on the verge of going public. Among them are Bytedance Ltd., which is said to be weighing a listing of some of its China units, and ride-hailing giant Didi Chuxing, people familiar have said. The changes could also ensnare Chinese firms that already trade in foreign markets, requiring them to submit filings to regulators as well, <a href=\"https://laohu8.com/S/AONE\">one</a> of the people said.</p><p>China’s current rules require all locally registered companies and some firms with offshore registrations to seek approval from the securities watchdog when they list in Hong Kong or outside the country. However, many internet stars like Tencent Holdings Ltd. and <a href=\"https://laohu8.com/S/BABA\">Alibaba</a> Group Holding Ltd., registered in places like Cayman Islands or the British Virgin Islands, fall outside the scope of the current regulations. The new rules would seek to lay out more specific reporting guidelines and standardize them across firms, <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the people said.</p><p>It is unclear what impact any news rules may have for companies that operate a so-called Variable Interest Entity -- a vehicle through which virtually every major Chinese internet company attracts foreign investment and lists overseas.</p><p>Regulators have issued a slew of measures placing greater scrutiny on the nation’s tech giants, curtailing their operations on everything from data collection and monopolistic practices. Among the orders issued by financial regulators in April were new guidelines on securitizing assets and seeking overseas listings.</p><p>China has already tightened measures for listings on domestic exchanges including Shanghai’s <a href=\"https://laohu8.com/S/NDAQ\">Nasdaq</a>-style Star board. It’s restricted listings of fintech companies, and banned IPOs by firms that operate mainly in real estate and sectors related to financial investment.</p><p>The clampdown on tech firms led to the postponement of a $35 billion IPO by Jack Ma’s Ant Group Co. in November. On orders from regulators, Ant must drastically revamp its business and will be supervised more like a bank, a move with far-reaching implications for its growth.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175551541","content_text":"(May 10) Most of Chinese stocks fell, pinduodduo plunged about 12%. Shanghai Consumer Council interviewed Pinduoduo today and pointed out the problems that Pinduoduo has in the protection of consumer rights and interests.In addition, days ago, Bloomberg said that China considers tighter rules for firms listing overseas.China’s securities regulator is weighing tighter rules for companies seeking to list in Hong Kong or overseas, a move that could hit technology firms already smarting from months of clampdowns, according to people familiar with the matter.The China Securities Regulatory Commission is considering proposals that would require firms seeking initial public offerings outside mainland China to submit listing documents to ensure they’re compliant with local laws and regulations, the people said. The scrutiny would also seek to prevent any leaks of sensitive data that might be of national security interest, the people added, requesting they not be identified as the matter is private. The discussions are preliminary and could be subject to change.When asked if it was considering such changes, the CSRC issued a brief denial without elaborating.The heightened regulatory concerns come as the U.S. tightens restrictions on Chinese firms listed on its exchanges, with legislation that requires the companies to allow inspectors to review their financial audits. China has long refused to let the U.S. Public Company Accounting Oversight Board examine audits of firms whose shares trade in America, citing national security interests.The measures, if rolled out, could have far-reaching implications for a raft of upstarts that are on the verge of going public. Among them are Bytedance Ltd., which is said to be weighing a listing of some of its China units, and ride-hailing giant Didi Chuxing, people familiar have said. The changes could also ensnare Chinese firms that already trade in foreign markets, requiring them to submit filings to regulators as well, one of the people said.China’s current rules require all locally registered companies and some firms with offshore registrations to seek approval from the securities watchdog when they list in Hong Kong or outside the country. However, many internet stars like Tencent Holdings Ltd. and Alibaba Group Holding Ltd., registered in places like Cayman Islands or the British Virgin Islands, fall outside the scope of the current regulations. The new rules would seek to lay out more specific reporting guidelines and standardize them across firms, one of the people said.It is unclear what impact any news rules may have for companies that operate a so-called Variable Interest Entity -- a vehicle through which virtually every major Chinese internet company attracts foreign investment and lists overseas.Regulators have issued a slew of measures placing greater scrutiny on the nation’s tech giants, curtailing their operations on everything from data collection and monopolistic practices. Among the orders issued by financial regulators in April were new guidelines on securitizing assets and seeking overseas listings.China has already tightened measures for listings on domestic exchanges including Shanghai’s Nasdaq-style Star board. It’s restricted listings of fintech companies, and banned IPOs by firms that operate mainly in real estate and sectors related to financial investment.The clampdown on tech firms led to the postponement of a $35 billion IPO by Jack Ma’s Ant Group Co. in November. On orders from regulators, Ant must drastically revamp its business and will be supervised more like a bank, a move with far-reaching implications for its growth.","news_type":1},"isVote":1,"tweetType":1,"viewCount":222,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":348107671,"gmtCreate":1617891949493,"gmtModify":1634295915575,"author":{"id":"3570871195511512","authorId":"3570871195511512","name":"Ash7m","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570871195511512","authorIdStr":"3570871195511512"},"themes":[],"htmlText":"Great piece of information!&nbsp;","listText":"Great piece of information!&nbsp;","text":"Great piece of information!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/348107671","repostId":"2125770926","repostType":4,"isVote":1,"tweetType":1,"viewCount":426,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":110267926,"gmtCreate":1622461501865,"gmtModify":1631893537827,"author":{"id":"3570871195511512","authorId":"3570871195511512","name":"Ash7m","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570871195511512","authorIdStr":"3570871195511512"},"themes":[],"htmlText":"Thanks for sharing.&nbsp;","listText":"Thanks for sharing.&nbsp;","text":"Thanks for sharing.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/110267926","repostId":"2139022487","repostType":4,"isVote":1,"tweetType":1,"viewCount":1309,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":139303020,"gmtCreate":1621588871260,"gmtModify":1634187847973,"author":{"id":"3570871195511512","authorId":"3570871195511512","name":"Ash7m","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570871195511512","authorIdStr":"3570871195511512"},"themes":[],"htmlText":"Good move!&nbsp;","listText":"Good move!&nbsp;","text":"Good move!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/139303020","repostId":"2137903089","repostType":4,"isVote":1,"tweetType":1,"viewCount":284,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":347603745,"gmtCreate":1618490439787,"gmtModify":1634292600053,"author":{"id":"3570871195511512","authorId":"3570871195511512","name":"Ash7m","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570871195511512","authorIdStr":"3570871195511512"},"themes":[],"htmlText":"Great!&nbsp;","listText":"Great!&nbsp;","text":"Great!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/347603745","repostId":"1180793413","repostType":4,"repost":{"id":"1180793413","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":1618481560,"share":"https://www.laohu8.com/m/news/1180793413?lang=&edition=full","pubTime":"2021-04-15 18:12","market":"us","language":"en","title":"BofA reports Q1 EPS of $0.86, topping estimates","url":"https://stock-news.laohu8.com/highlight/detail?id=1180793413","media":"Tiger Newspress","summary":"(April 15) Bank of America reports Q1 EPS of $0.86, up from $0.40 in the year-ago period and above t","content":"<p>(April 15)&nbsp;Bank of America&nbsp;reports Q1 EPS of $0.86, up from $0.40 in the year-ago period and above theconsensusof $0.65.</p><p>The stock is&nbsp;up 1.15%&nbsp;premarket.</p><p><img src=\"https://static.tigerbbs.com/b7f6561001ed6c1bdef9365e1b36fdc0\" tg-width=\"708\" tg-height=\"500\"></p><p>The numbers were reported by Bloomberg much earlier than anticipated and the press release has yet to be posted on BofA's site.</p><p>Equities trading revenue came in at $1.83B, above estimates of $1.64B.</p><p>FICC trading revenue is $3.25B, well ahead of the $2.73B consensus.</p><p>CEO Brian Moynihan says he sees an accelerating recovery and better credit costs, but that low rates continued to pose a challenge to revenue.</p><p>Recovery of credit losses for Q1 was $1.86B vs. an estimated provision $473.5M.</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>BofA reports Q1 EPS of $0.86, topping estimates</title>\n<style 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}\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\">\nBofA reports Q1 EPS of $0.86, topping estimates\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\">2021-04-15 18:12</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(April 15)&nbsp;Bank of America&nbsp;reports Q1 EPS of $0.86, up from $0.40 in the year-ago period and above theconsensusof $0.65.</p><p>The stock is&nbsp;up 1.15%&nbsp;premarket.</p><p><img src=\"https://static.tigerbbs.com/b7f6561001ed6c1bdef9365e1b36fdc0\" tg-width=\"708\" tg-height=\"500\"></p><p>The numbers were reported by Bloomberg much earlier than anticipated and the press release has yet to be posted on BofA's site.</p><p>Equities trading revenue came in at $1.83B, above estimates of $1.64B.</p><p>FICC trading revenue is $3.25B, well ahead of the $2.73B consensus.</p><p>CEO Brian Moynihan says he sees an accelerating recovery and better credit costs, but that low rates continued to pose a challenge to revenue.</p><p>Recovery of credit losses for Q1 was $1.86B vs. an estimated provision $473.5M.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180793413","content_text":"(April 15) Bank of America reports Q1 EPS of $0.86, up from $0.40 in the year-ago period and above theconsensusof $0.65.The stock is up 1.15% premarket.The numbers were reported by Bloomberg much earlier than anticipated and the press release has yet to be posted on BofA's site.Equities trading revenue came in at $1.83B, above estimates of $1.64B.FICC trading revenue is $3.25B, well ahead of the $2.73B consensus.CEO Brian Moynihan says he sees an accelerating recovery and better credit costs, but that low rates continued to pose a challenge to revenue.Recovery of credit losses for Q1 was $1.86B vs. an estimated provision $473.5M.","news_type":1},"isVote":1,"tweetType":1,"viewCount":118,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":349487007,"gmtCreate":1617632256209,"gmtModify":1634297426213,"author":{"id":"3570871195511512","authorId":"3570871195511512","name":"Ash7m","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570871195511512","authorIdStr":"3570871195511512"},"themes":[],"htmlText":"Nice.&nbsp;","listText":"Nice.&nbsp;","text":"Nice.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/349487007","repostId":"1178747724","repostType":4,"isVote":1,"tweetType":1,"viewCount":67,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":150969840,"gmtCreate":1624882964480,"gmtModify":1631893537713,"author":{"id":"3570871195511512","authorId":"3570871195511512","name":"Ash7m","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570871195511512","authorIdStr":"3570871195511512"},"themes":[],"htmlText":"Do check out these stocks!&nbsp;","listText":"Do check out these stocks!&nbsp;","text":"Do check out these stocks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/150969840","repostId":"2146090006","repostType":4,"isVote":1,"tweetType":1,"viewCount":1399,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":118329935,"gmtCreate":1622719940627,"gmtModify":1631893537782,"author":{"id":"3570871195511512","authorId":"3570871195511512","name":"Ash7m","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570871195511512","authorIdStr":"3570871195511512"},"themes":[],"htmlText":"Have an eye on it ya!&nbsp;","listText":"Have an eye on it ya!&nbsp;","text":"Have an eye on it ya!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/118329935","repostId":"1139859065","repostType":4,"isVote":1,"tweetType":1,"viewCount":1298,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":110768160,"gmtCreate":1622504879250,"gmtModify":1631893537807,"author":{"id":"3570871195511512","authorId":"3570871195511512","name":"Ash7m","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570871195511512","authorIdStr":"3570871195511512"},"themes":[],"htmlText":"Good to have stock!&nbsp;","listText":"Good to have stock!&nbsp;","text":"Good to have stock!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/110768160","repostId":"2139430866","repostType":4,"isVote":1,"tweetType":1,"viewCount":753,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":136561164,"gmtCreate":1622029247258,"gmtModify":1634184536275,"author":{"id":"3570871195511512","authorId":"3570871195511512","name":"Ash7m","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570871195511512","authorIdStr":"3570871195511512"},"themes":[],"htmlText":"Yes!&nbsp;","listText":"Yes!&nbsp;","text":"Yes!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/136561164","repostId":"1115191257","repostType":4,"repost":{"id":"1115191257","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":1622025558,"share":"https://www.laohu8.com/m/news/1115191257?lang=&edition=full","pubTime":"2021-05-26 18:39","market":"us","language":"en","title":"China's Pinduoduo beats quarterly revenue estimates","url":"https://stock-news.laohu8.com/highlight/detail?id=1115191257","media":"Tiger Newspress","summary":"Chinese e-commerce platform Pinduoduo Inc's quarterly revenue beat Wall Street estimates on Wednesda","content":"<p>Chinese e-commerce platform Pinduoduo Inc's quarterly revenue beat Wall Street estimates on Wednesday, driven by steady demand for online shopping following the COVID-19 pandemic.</p><p>Total revenue more than tripled to 22.17 billion yuan ($3.47 billion)in the first quarter, boosted by Pinduoduo's online marketing services revenue. Analysts on average had expected revenue of 20.2 billion yuan, according to IBES data from Refinitiv.</p><p>The interactive buying platform's net loss attributable to shareholders narrowed to 2.91 billion yuan in the quarter ended March 31, from 4.12 billion yuan a year earlier.</p><p>Active buyers on Pinduoduo in the 12-month period ended March rose 31% to about 824 million, outpacing Alibaba's 811 million.</p><p>Pinduoduo&nbsp;stock&nbsp;surged more than 3% in premarket trading.</p><p><img src=\"https://static.tigerbbs.com/d78d44a7114b62db59be95f65e93e84e\" tg-width=\"1302\" tg-height=\"663\" referrerpolicy=\"no-referrer\"></p><p><b>First Quarter 2021 Highlights</b></p><ul><li><b>Total revenues</b>&nbsp;in the quarter were&nbsp;RMB22,167.1 million&nbsp;(US$13,383.4 million), an increase of 239% from&nbsp;RMB6,541.1 millionin the same quarter of 2020.</li><li><b>Average monthly active users</b>&nbsp;in the quarter was 724.6 million, an increase of 49% from 487.4 million in the same quarter of 2020.</li><li><b>Active buyers</b>&nbsp;in the twelve-month period endedMarch 31, 2021was 823.8 million, an increase of 31% from 628.1 million in the twelve-month period endedMarch 31, 2020.</li><li><b>Operating loss</b>&nbsp;in the quarter was&nbsp;RMB4,147.0 million(US$633.0 million), compared with operating loss of&nbsp;RMB4,397.2 millionin the same quarter of 2020.<b>Non-GAAP4&nbsp;operating loss</b>&nbsp;in the quarter wasRMB&nbsp;3,174.1 million(US$484.5 million), compared with operating loss ofRMB3,587.9 millionin the same quarter of 2020.</li><li><b>Net loss attributable to ordinary shareholders</b>&nbsp;in the quarter was&nbsp;RMB2,905.4 million(US$ 443.5 million), compared with&nbsp;RMB4,119.3 millionin the same quarter of 2020.<b>Non-GAAP net loss attributable to ordinary shareholders</b>&nbsp;in the quarter was&nbsp;RMB1,890.3 million(US$288.5 million), compared withRMB3,169.6 millionin the same quarter of 2020.</li></ul><p>“Our growing scale gives us both greater capacity and responsibility to live up to our mission to ‘benefit all’,” said Mr.Lei Chen, Chairman and Chief Executive Officer ofPinduoduo. “We envisionPinduoduoas a platform that not only facilitates the trading of goods and services but also serves as a conduit for turning ideas into solutions to everyday problems.”</p><p>“We remain laser-focused on serving our users and anticipating what they need, and doing so in a way that is respectful of the community and environment,” added Mr.David Liu, Vice President of Strategy. “We will continue to engage our users, merchants and partners in improving all aspects of our services.”</p><p>“We continued to deliver strong results in the first quarter and remain disciplined,” said Mr.Tony Ma, Vice President of Finance. “Our total revenues, excluding contribution from merchandise sales, for the first quarter 2021 increased 161% from the prior year, while our non-GAAP operating and net losses narrowed at the same time.”</p><p><b>First Quarter 2021 Unaudited Financial Results</b></p><p><b>Total revenues</b>wereRMB22,167.1 million(US$3,383.4 million), an increase of 239% fromRMB6,541.1 millionin the same quarter of 2020. The increase was primarily due to an increase in revenues from online marketing services and contribution from merchandise sales.</p><ul><li><b>Revenues from online marketing services and others</b>wereRMB14,111.5 million(US$2,153.8 million), an increase of 157% fromRMB5,492.3 millionin the same quarter of 2020.</li><li><b>Revenues from transaction services</b>wereRMB2,931.5 million(US$447.4 million), an increase of 180% fromRMB1,048.8 millionin the same quarter of 2020.</li><li><b>Revenues from merchandise sales</b>wereRMB5,124.1 million(US$782.1 million), an increase ofRMB5,124.1 millionfrom nil in the same quarter of 2020.</li></ul><p><b>Total costs of revenues</b>wereRMB10,746.1 million(US$1,640.2 million), an increase of 487% fromRMB1,830.2 millionin the same quarter of 2020. The increase was mainly due to costs attributable to merchandise sales, higher cost of payment processing fees, cloud services fees, and delivery and storage fees.</p><p><b>Total operating expenses</b>wereRMB15,568.0 million(US$2,376.1 million), compared withRMB9,108.0 millionin the same quarter of 2020.</p><ul><li><b>Sales and marketing expenses</b>wereRMB12,997.4 million(US$1,983.8 million), an increase of 78% fromRMB7,296.6 millionin the same quarter of 2020, mainly due to an increase in advertising expenses and promotion and coupon expenses.</li><li><b>General and administrative expenses</b>wereRMB351.9 million(US$53.7 million), an increase of 4% fromRMB338.3 millionin the same quarter of 2020.</li><li><b>Research and development expenses</b>wereRMB2,218.7 million(US$338.6 million), an increase of 51% fromRMB1,473.2 millionin the same quarter of 2020. The increase was primarily due to an increase in headcount and the recruitment of more experienced R&amp;D personnel and an increase in R&amp;D-related cloud services expenses.</li></ul><p><b>Operating loss</b>wasRMB4,147.0 million(US$633.0 million), compared with operating loss ofRMB4,397.2 millionin the same quarter of 2020.<b>Non-GAAP operating loss</b>wasRMB3,174.1 million(US$484.5 million), compared with operating loss ofRMB3,587.9 millionin the same quarter of 2020.</p><p><b>Net loss attributable to ordinary shareholders</b>wasRMB2,905.4 million(US$443.5 million), compared withRMB4,119.3 millionin the same quarter of 2020.<b>Non-GAAP net loss attributable to ordinary shareholders</b>wasRMB1,890.3 million(US$288.5 million), compared withRMB3,169.6 millionin the same quarter of 2020.</p><p><b>Basic and diluted net loss per ADS</b>wereRMB2.33(US$0.36), compared withRMB3.54in the same quarter of 2020.<b>Non-GAAP basic and diluted net loss per ADS</b>wereRMB1.52(US$0.23), compared withRMB2.73in the same quarter of 2020.</p><p><b>Net cash flow used in operating activities</b>wasRMB3,724.5 million(US$568.5 million), compared withRMB567.1 millionin the same quarter of 2020, primarily due to an increase in restricted cash outflow due to seasonality, offset by increase in online marketing services revenues.</p><p><b>Cash, cash equivalents and short-term investments</b>wereRMB83.4 billion(US$12.7 billion) as ofMarch 31, 2021, compared withRMB87.0 billionas ofDecember 31, 2020.</p><p><b>Recent Development</b></p><p>As ofApril 30, 2021,US$756.4 millionof the 0% convertible bonds due in 2024 have been converted into newly issued ADSs.</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>China's Pinduoduo beats quarterly revenue estimates</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\">\nChina's Pinduoduo beats quarterly revenue estimates\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\">2021-05-26 18:39</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Chinese e-commerce platform Pinduoduo Inc's quarterly revenue beat Wall Street estimates on Wednesday, driven by steady demand for online shopping following the COVID-19 pandemic.</p><p>Total revenue more than tripled to 22.17 billion yuan ($3.47 billion)in the first quarter, boosted by Pinduoduo's online marketing services revenue. Analysts on average had expected revenue of 20.2 billion yuan, according to IBES data from Refinitiv.</p><p>The interactive buying platform's net loss attributable to shareholders narrowed to 2.91 billion yuan in the quarter ended March 31, from 4.12 billion yuan a year earlier.</p><p>Active buyers on Pinduoduo in the 12-month period ended March rose 31% to about 824 million, outpacing Alibaba's 811 million.</p><p>Pinduoduo&nbsp;stock&nbsp;surged more than 3% in premarket trading.</p><p><img src=\"https://static.tigerbbs.com/d78d44a7114b62db59be95f65e93e84e\" tg-width=\"1302\" tg-height=\"663\" referrerpolicy=\"no-referrer\"></p><p><b>First Quarter 2021 Highlights</b></p><ul><li><b>Total revenues</b>&nbsp;in the quarter were&nbsp;RMB22,167.1 million&nbsp;(US$13,383.4 million), an increase of 239% from&nbsp;RMB6,541.1 millionin the same quarter of 2020.</li><li><b>Average monthly active users</b>&nbsp;in the quarter was 724.6 million, an increase of 49% from 487.4 million in the same quarter of 2020.</li><li><b>Active buyers</b>&nbsp;in the twelve-month period endedMarch 31, 2021was 823.8 million, an increase of 31% from 628.1 million in the twelve-month period endedMarch 31, 2020.</li><li><b>Operating loss</b>&nbsp;in the quarter was&nbsp;RMB4,147.0 million(US$633.0 million), compared with operating loss of&nbsp;RMB4,397.2 millionin the same quarter of 2020.<b>Non-GAAP4&nbsp;operating loss</b>&nbsp;in the quarter wasRMB&nbsp;3,174.1 million(US$484.5 million), compared with operating loss ofRMB3,587.9 millionin the same quarter of 2020.</li><li><b>Net loss attributable to ordinary shareholders</b>&nbsp;in the quarter was&nbsp;RMB2,905.4 million(US$ 443.5 million), compared with&nbsp;RMB4,119.3 millionin the same quarter of 2020.<b>Non-GAAP net loss attributable to ordinary shareholders</b>&nbsp;in the quarter was&nbsp;RMB1,890.3 million(US$288.5 million), compared withRMB3,169.6 millionin the same quarter of 2020.</li></ul><p>“Our growing scale gives us both greater capacity and responsibility to live up to our mission to ‘benefit all’,” said Mr.Lei Chen, Chairman and Chief Executive Officer ofPinduoduo. “We envisionPinduoduoas a platform that not only facilitates the trading of goods and services but also serves as a conduit for turning ideas into solutions to everyday problems.”</p><p>“We remain laser-focused on serving our users and anticipating what they need, and doing so in a way that is respectful of the community and environment,” added Mr.David Liu, Vice President of Strategy. “We will continue to engage our users, merchants and partners in improving all aspects of our services.”</p><p>“We continued to deliver strong results in the first quarter and remain disciplined,” said Mr.Tony Ma, Vice President of Finance. “Our total revenues, excluding contribution from merchandise sales, for the first quarter 2021 increased 161% from the prior year, while our non-GAAP operating and net losses narrowed at the same time.”</p><p><b>First Quarter 2021 Unaudited Financial Results</b></p><p><b>Total revenues</b>wereRMB22,167.1 million(US$3,383.4 million), an increase of 239% fromRMB6,541.1 millionin the same quarter of 2020. The increase was primarily due to an increase in revenues from online marketing services and contribution from merchandise sales.</p><ul><li><b>Revenues from online marketing services and others</b>wereRMB14,111.5 million(US$2,153.8 million), an increase of 157% fromRMB5,492.3 millionin the same quarter of 2020.</li><li><b>Revenues from transaction services</b>wereRMB2,931.5 million(US$447.4 million), an increase of 180% fromRMB1,048.8 millionin the same quarter of 2020.</li><li><b>Revenues from merchandise sales</b>wereRMB5,124.1 million(US$782.1 million), an increase ofRMB5,124.1 millionfrom nil in the same quarter of 2020.</li></ul><p><b>Total costs of revenues</b>wereRMB10,746.1 million(US$1,640.2 million), an increase of 487% fromRMB1,830.2 millionin the same quarter of 2020. The increase was mainly due to costs attributable to merchandise sales, higher cost of payment processing fees, cloud services fees, and delivery and storage fees.</p><p><b>Total operating expenses</b>wereRMB15,568.0 million(US$2,376.1 million), compared withRMB9,108.0 millionin the same quarter of 2020.</p><ul><li><b>Sales and marketing expenses</b>wereRMB12,997.4 million(US$1,983.8 million), an increase of 78% fromRMB7,296.6 millionin the same quarter of 2020, mainly due to an increase in advertising expenses and promotion and coupon expenses.</li><li><b>General and administrative expenses</b>wereRMB351.9 million(US$53.7 million), an increase of 4% fromRMB338.3 millionin the same quarter of 2020.</li><li><b>Research and development expenses</b>wereRMB2,218.7 million(US$338.6 million), an increase of 51% fromRMB1,473.2 millionin the same quarter of 2020. The increase was primarily due to an increase in headcount and the recruitment of more experienced R&amp;D personnel and an increase in R&amp;D-related cloud services expenses.</li></ul><p><b>Operating loss</b>wasRMB4,147.0 million(US$633.0 million), compared with operating loss ofRMB4,397.2 millionin the same quarter of 2020.<b>Non-GAAP operating loss</b>wasRMB3,174.1 million(US$484.5 million), compared with operating loss ofRMB3,587.9 millionin the same quarter of 2020.</p><p><b>Net loss attributable to ordinary shareholders</b>wasRMB2,905.4 million(US$443.5 million), compared withRMB4,119.3 millionin the same quarter of 2020.<b>Non-GAAP net loss attributable to ordinary shareholders</b>wasRMB1,890.3 million(US$288.5 million), compared withRMB3,169.6 millionin the same quarter of 2020.</p><p><b>Basic and diluted net loss per ADS</b>wereRMB2.33(US$0.36), compared withRMB3.54in the same quarter of 2020.<b>Non-GAAP basic and diluted net loss per ADS</b>wereRMB1.52(US$0.23), compared withRMB2.73in the same quarter of 2020.</p><p><b>Net cash flow used in operating activities</b>wasRMB3,724.5 million(US$568.5 million), compared withRMB567.1 millionin the same quarter of 2020, primarily due to an increase in restricted cash outflow due to seasonality, offset by increase in online marketing services revenues.</p><p><b>Cash, cash equivalents and short-term investments</b>wereRMB83.4 billion(US$12.7 billion) as ofMarch 31, 2021, compared withRMB87.0 billionas ofDecember 31, 2020.</p><p><b>Recent Development</b></p><p>As ofApril 30, 2021,US$756.4 millionof the 0% convertible bonds due in 2024 have been converted into newly issued ADSs.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1115191257","content_text":"Chinese e-commerce platform Pinduoduo Inc's quarterly revenue beat Wall Street estimates on Wednesday, driven by steady demand for online shopping following the COVID-19 pandemic.Total revenue more than tripled to 22.17 billion yuan ($3.47 billion)in the first quarter, boosted by Pinduoduo's online marketing services revenue. Analysts on average had expected revenue of 20.2 billion yuan, according to IBES data from Refinitiv.The interactive buying platform's net loss attributable to shareholders narrowed to 2.91 billion yuan in the quarter ended March 31, from 4.12 billion yuan a year earlier.Active buyers on Pinduoduo in the 12-month period ended March rose 31% to about 824 million, outpacing Alibaba's 811 million.Pinduoduo stock surged more than 3% in premarket trading.First Quarter 2021 HighlightsTotal revenues in the quarter were RMB22,167.1 million (US$13,383.4 million), an increase of 239% from RMB6,541.1 millionin the same quarter of 2020.Average monthly active users in the quarter was 724.6 million, an increase of 49% from 487.4 million in the same quarter of 2020.Active buyers in the twelve-month period endedMarch 31, 2021was 823.8 million, an increase of 31% from 628.1 million in the twelve-month period endedMarch 31, 2020.Operating loss in the quarter was RMB4,147.0 million(US$633.0 million), compared with operating loss of RMB4,397.2 millionin the same quarter of 2020.Non-GAAP4 operating loss in the quarter wasRMB 3,174.1 million(US$484.5 million), compared with operating loss ofRMB3,587.9 millionin the same quarter of 2020.Net loss attributable to ordinary shareholders in the quarter was RMB2,905.4 million(US$ 443.5 million), compared with RMB4,119.3 millionin the same quarter of 2020.Non-GAAP net loss attributable to ordinary shareholders in the quarter was RMB1,890.3 million(US$288.5 million), compared withRMB3,169.6 millionin the same quarter of 2020.“Our growing scale gives us both greater capacity and responsibility to live up to our mission to ‘benefit all’,” said Mr.Lei Chen, Chairman and Chief Executive Officer ofPinduoduo. “We envisionPinduoduoas a platform that not only facilitates the trading of goods and services but also serves as a conduit for turning ideas into solutions to everyday problems.”“We remain laser-focused on serving our users and anticipating what they need, and doing so in a way that is respectful of the community and environment,” added Mr.David Liu, Vice President of Strategy. “We will continue to engage our users, merchants and partners in improving all aspects of our services.”“We continued to deliver strong results in the first quarter and remain disciplined,” said Mr.Tony Ma, Vice President of Finance. “Our total revenues, excluding contribution from merchandise sales, for the first quarter 2021 increased 161% from the prior year, while our non-GAAP operating and net losses narrowed at the same time.”First Quarter 2021 Unaudited Financial ResultsTotal revenueswereRMB22,167.1 million(US$3,383.4 million), an increase of 239% fromRMB6,541.1 millionin the same quarter of 2020. The increase was primarily due to an increase in revenues from online marketing services and contribution from merchandise sales.Revenues from online marketing services and otherswereRMB14,111.5 million(US$2,153.8 million), an increase of 157% fromRMB5,492.3 millionin the same quarter of 2020.Revenues from transaction serviceswereRMB2,931.5 million(US$447.4 million), an increase of 180% fromRMB1,048.8 millionin the same quarter of 2020.Revenues from merchandise saleswereRMB5,124.1 million(US$782.1 million), an increase ofRMB5,124.1 millionfrom nil in the same quarter of 2020.Total costs of revenueswereRMB10,746.1 million(US$1,640.2 million), an increase of 487% fromRMB1,830.2 millionin the same quarter of 2020. The increase was mainly due to costs attributable to merchandise sales, higher cost of payment processing fees, cloud services fees, and delivery and storage fees.Total operating expenseswereRMB15,568.0 million(US$2,376.1 million), compared withRMB9,108.0 millionin the same quarter of 2020.Sales and marketing expenseswereRMB12,997.4 million(US$1,983.8 million), an increase of 78% fromRMB7,296.6 millionin the same quarter of 2020, mainly due to an increase in advertising expenses and promotion and coupon expenses.General and administrative expenseswereRMB351.9 million(US$53.7 million), an increase of 4% fromRMB338.3 millionin the same quarter of 2020.Research and development expenseswereRMB2,218.7 million(US$338.6 million), an increase of 51% fromRMB1,473.2 millionin the same quarter of 2020. The increase was primarily due to an increase in headcount and the recruitment of more experienced R&D personnel and an increase in R&D-related cloud services expenses.Operating losswasRMB4,147.0 million(US$633.0 million), compared with operating loss ofRMB4,397.2 millionin the same quarter of 2020.Non-GAAP operating losswasRMB3,174.1 million(US$484.5 million), compared with operating loss ofRMB3,587.9 millionin the same quarter of 2020.Net loss attributable to ordinary shareholderswasRMB2,905.4 million(US$443.5 million), compared withRMB4,119.3 millionin the same quarter of 2020.Non-GAAP net loss attributable to ordinary shareholderswasRMB1,890.3 million(US$288.5 million), compared withRMB3,169.6 millionin the same quarter of 2020.Basic and diluted net loss per ADSwereRMB2.33(US$0.36), compared withRMB3.54in the same quarter of 2020.Non-GAAP basic and diluted net loss per ADSwereRMB1.52(US$0.23), compared withRMB2.73in the same quarter of 2020.Net cash flow used in operating activitieswasRMB3,724.5 million(US$568.5 million), compared withRMB567.1 millionin the same quarter of 2020, primarily due to an increase in restricted cash outflow due to seasonality, offset by increase in online marketing services revenues.Cash, cash equivalents and short-term investmentswereRMB83.4 billion(US$12.7 billion) as ofMarch 31, 2021, compared withRMB87.0 billionas ofDecember 31, 2020.Recent DevelopmentAs ofApril 30, 2021,US$756.4 millionof the 0% convertible bonds due in 2024 have been converted into newly issued ADSs.","news_type":1},"isVote":1,"tweetType":1,"viewCount":146,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}