BigBeef的个人主页 - 老虎社区

BigBeef

BigBeef

暂无个人介绍

IP属地：未知

117关注

19粉丝

0主题

0勋章

2021-08-05

Hope you $AMC Entertainment(AMC)$apes bought into this. Ahahahahhaa.

2021-04-26

HODL and buy!

抱歉，原内容已删除

2021-04-30

This will always result in a better economy with better infrastructure

抱歉，原内容已删除

2021-04-26

Tell me your opinion about this news...

抱歉，原内容已删除

2021-12-03

Customers > shareholders. The fact that this guyeven mentioning a breakup means he doesn’t understand the psyche behind Amazon. Breaking upis going to have a huge dent on their overall customer service.

Investors Need To View Amazon as More Than Just One Business<blockquote>投资者需要将亚马逊视为不仅仅是一家企业</blockquote>

2021-12-14

$AMC Entertainment(AMC)$Reverse MOASS lol

2021-09-18

$AMC Entertainment(AMC)$$GameStop(GME)$$Robinhood Markets, Inc.(HOOD)$Eh I see all the tinfoil hats screaming for ban of PFOF, but remember that Tiger Brokers and Moomoo uses it too. That is how you get your $1.99 commission. If you really don’t want PFOF, go to POEMs or FSMOne. But I am pretty sure you are crying at the $8 commissions charged there. And of course, it’s more worth it if you got at least six digits to trade everytime. But looking at the losses here, I doubt it. Hahahaha

2021-07-02

Well, it’s a rite of passage. If you win, good. If you lose, then maybe it’s time to look at some other long term stocks you won’t lose sleep over.

抱歉，原内容已删除

2021-12-02

$AMC Entertainment(AMC)$Where MOASS bro

去老虎APP查看更多动态

{"i18n":{"language":"zh_CN"},"userPageInfo":{"id":"3575863302540813","uuid":"3575863302540813","gmtCreate":1612769278752,"gmtModify":1619168253145,"name":"BigBeef","pinyin":"bigbeef","introduction":"","introductionEn":"","signature":"","avatar":"https://static.tigerbbs.com/bab462817cab7b3a5ed25a7a7a74ed1e","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":19,"headSize":117,"tweetSize":24,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":2,"name":"无畏虎","nameTw":"無畏虎","represent":"初生牛犊","factor":"发布3条非转发主帖,1条获得他人回复或点赞","iconColor":"3C9E83","bgColor":"A2F1D9"},"themeCounts":0,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":0,"symbols":null,"coverImage":null,"realNameVerified":null,"userBadges":[{"badgeId":"228c86a078844d74991fff2b7ab2428d-3","templateUuid":"228c86a078844d74991fff2b7ab2428d","name":"投资合伙人虎","description":"证券账户累计交易金额达到100万美元","bigImgUrl":"https://static.tigerbbs.com/fbeac6bb240db7da8b972e5183d050ba","smallImgUrl":"https://static.tigerbbs.com/436cdf80292b99f0a992e78750ac4e3a","grayImgUrl":"https://static.tigerbbs.com/506a259a7b456f037592c3b23c779599","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.14","exceedPercentage":"93.35%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1101},{"badgeId":"e50ce593bb40487ebfb542ca54f6a561-1","templateUuid":"e50ce593bb40487ebfb542ca54f6a561","name":"出道虎友","description":"加入老虎社区500天","bigImgUrl":"https://static.tigerbbs.com/0e4d0ca1da0456dc7894c946d44bf9ab","smallImgUrl":"https://static.tigerbbs.com/0f2f65e8ce4cfaae8db2bea9b127f58b","grayImgUrl":"https://static.tigerbbs.com/c5948a31b6edf154422335b265235809","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.06.24","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001},{"badgeId":"976c19eed35f4cd78f17501c2e99ef37-1","templateUuid":"976c19eed35f4cd78f17501c2e99ef37","name":"博闻投资者","description":"累计交易超过10只正股","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1102},{"badgeId":"518b5610c3e8410da5cfad115e4b0f5a-1","templateUuid":"518b5610c3e8410da5cfad115e4b0f5a","name":"实盘交易者","description":"完成一笔实盘交易","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100},{"badgeId":"35ec162348d5460f88c959321e554969-2","templateUuid":"35ec162348d5460f88c959321e554969","name":"宗师交易员","description":"证券或期货账户累计交易次数达到100次","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","grayImgUrl":"https://static.tigerbbs.com/d52eb88fa385cf5abe2616ed63781765","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":"80.14%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100}],"userBadgeCount":5,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":11,"crmLevelSwitch":0,"location":"未知","starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":0,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"baikeInfo":{},"tab":"hot","tweets":[{"id":604441768,"gmtCreate":1639441721314,"gmtModify":1639441721584,"author":{"id":"3575863302540813","authorId":"3575863302540813","name":"BigBeef","avatar":"https://static.tigerbbs.com/bab462817cab7b3a5ed25a7a7a74ed1e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575863302540813","authorIdStr":"3575863302540813"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>Reverse MOASS lol","listText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>Reverse MOASS lol","text":"$AMC Entertainment(AMC)$Reverse MOASS lol","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/604441768","isVote":1,"tweetType":1,"viewCount":2064,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":602243926,"gmtCreate":1639033068975,"gmtModify":1639034232046,"author":{"id":"3575863302540813","authorId":"3575863302540813","name":"BigBeef","avatar":"https://static.tigerbbs.com/bab462817cab7b3a5ed25a7a7a74ed1e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575863302540813","authorIdStr":"3575863302540813"},"themes":[],"htmlText":"Bullshit!","listText":"Bullshit!","text":"Bullshit!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/602243926","repostId":"2189667447","repostType":4,"isVote":1,"tweetType":1,"viewCount":2466,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":601235730,"gmtCreate":1638533430844,"gmtModify":1638533706135,"author":{"id":"3575863302540813","authorId":"3575863302540813","name":"BigBeef","avatar":"https://static.tigerbbs.com/bab462817cab7b3a5ed25a7a7a74ed1e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575863302540813","authorIdStr":"3575863302540813"},"themes":[],"htmlText":"Customers &gt; shareholders. The fact that this guyeven mentioning a breakup means he doesn’t understand the psyche behind Amazon. Breaking upis going to have a huge dent on their overall customer service.","listText":"Customers &gt; shareholders. The fact that this guyeven mentioning a breakup means he doesn’t understand the psyche behind Amazon. Breaking upis going to have a huge dent on their overall customer service.","text":"Customers > shareholders. The fact that this guyeven mentioning a breakup means he doesn’t understand the psyche behind Amazon. Breaking upis going to have a huge dent on their overall customer service.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/601235730","repostId":"1109890572","repostType":4,"repost":{"id":"1109890572","kind":"news","pubTimestamp":1638531113,"share":"https://www.laohu8.com/m/news/1109890572?lang=zh_CN&edition=full","pubTime":"2021-12-03 19:31","market":"us","language":"en","title":"Investors Need To View Amazon as More Than Just One Business<blockquote>投资者需要将亚马逊视为不仅仅是一家企业</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1109890572","media":"InvestorPlace","summary":"Three different businesses now underpin AMZN stock, each with a different trajectory","content":"<p><div> It’s increasingly clear that Amazon(NASDAQ:AMZN) is not one business but three, each with its own trajectory. AMZN stock is down, though less than 1%, in the last three months. I have suggested ...</p><p><blockquote><div>越来越明显的是，亚马逊（纳斯达克股票代码：AMZN）不是一家企业，而是三家企业，每个企业都有自己的发展轨迹。过去三个月，AMZN股价下跌，但跌幅不到1%。我建议...</div></blockquote></p><p>  <a href=\"https://investorplace.com/2021/12/investors-need-to-view-amzn-stock-as-more-than-just-one-business/\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://investorplace.com/2021/12/investors-need-to-view-amzn-stock-as-more-than-just-one-business/\">网页连接</a></blockquote></p><p></p>","source":"lsy1606302653667","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>Investors Need To View Amazon as More Than Just One Business<blockquote>投资者需要将亚马逊视为不仅仅是一家企业</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\nInvestors Need To View Amazon as More Than Just One Business<blockquote>投资者需要将亚马逊视为不仅仅是一家企业</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">InvestorPlace</strong><span class=\"h-time small\">2021-12-03 19:31</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div> It’s increasingly clear that Amazon(NASDAQ:AMZN) is not one business but three, each with its own trajectory. AMZN stock is down, though less than 1%, in the last three months. I have suggested ...</p><p><blockquote><div>越来越明显的是，亚马逊（纳斯达克股票代码：AMZN）不是一家企业，而是三家企业，每个企业都有自己的发展轨迹。过去三个月，AMZN股价下跌，但跌幅不到1%。我建议...</div></blockquote></p><p>  <a href=\"https://investorplace.com/2021/12/investors-need-to-view-amzn-stock-as-more-than-just-one-business/\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://investorplace.com/2021/12/investors-need-to-view-amzn-stock-as-more-than-just-one-business/\">网页连接</a></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://investorplace.com/2021/12/investors-need-to-view-amzn-stock-as-more-than-just-one-business/\">InvestorPlace</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://investorplace.com/2021/12/investors-need-to-view-amzn-stock-as-more-than-just-one-business/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109890572","content_text":"It’s increasingly clear that Amazon(NASDAQ:AMZN) is not one business but three, each with its own trajectory. AMZN stock is down, though less than 1%, in the last three months.\nI have suggested breaking up the company, rather than waiting for government to do it. In the short run this may or may not increase the market capitalization, now growing at less the a quarter the rate of the S&P 500 index, up 23.4% year-to-date versus Amazon’s 5.54%.\nIn the longer run, however, it would unleash a flood of global innovation, as well as get bureaucrats around the world off its back.\nCloud is Star for AMZN Stock\nIt’s the Amazon Web Services (AWS) cloud that’s the star. “As a computing backbone for many organizations, AWS is on its way to becoming a world computer,”wrote columnist Richard Waters in The Financial Times earlier this week.\nAWS revenue for the first nine months of 2021 grew by 35%, at scale.Operating income for the period came to almost $13.2 billion, or 29% of revenue. That’s nearly 62% of the company’s total operating income.\nAmazon built the cloud to support its store and used the store’s cash flow to support it. But it’s clear that AWS can now handle the $5 billion per quarter load.Alphabet(NASDAQ:GOOGL), remember, is still losing money on Google Cloud.\nSeparating the cloud from the store would make AWS better equipped to tackle Microsoft(NASDAQ:MSFT), whose cloud-based software has made it the world’s second-most valuable company. (It keeps trading the title with Apple(NASDAQ:AAPL).) The value of Amazon Cloud would be small compared with its rival Cloud Czars. But that is an advantage when the antitrust police show up.\nAt its re:Invent conference this week, Amazon is announcing a host of great innovations.The cloud has spawned its own semiconductor design house, which can compete with Nvidia(NASDAQ:NVDA) and Advanced Micro Devices(NASDAQ:AMD).\nThe Network is an Opportunity\nAmazon Prime Video may be the only force that can take on Netflix(NASDAQ:NFLX), with its $284 billion market cap.\nThe success of Squid Game, originally bought by Netflix for Korean audiences, has moved Amazon to hire an executive from ViacomCBS(NASDAQ:VIAC) specifically to curate regional fare.Prime now has 21% of the U.S. streaming market, and I’ve seen shows on it from Italy, Spain, Latin America, India and Russia, just in the last year.\nAt this point, Prime Video could swallow ViacomCBS whole with its $20 billion market cap. As an independent company it might get the opportunity. As part of Amazon, it won’t.\nEverything Store is a Drag\nThe everything store, meanwhile, is becoming a drag on earnings.\nWhile it’s huge, approaching the size of mighty Walmart(NYSE:WMT), it’s also a target.\nUnions still want to organize its workforce. They say it is systematicallyunderreportingcases of COVID-19 among the staff.\nAmazon’s delivery service should be bigger than those of UPS(NYSE:UPS) and FedEx(NYSE:FDX) next year. But Amazon is accused of polluting the air around congested ports.The executive who was overseeing its cashier-free store operations is leaving.The problem of fake reviews just gets worse.\nThe Amazon Marketplace, which represents over half the store’s sales, is now being rolled-up into a few large suppliers. They accuse it of driving up costs to inflate its own profits. It’s a mess that new CEO Andy Jassy, who was running AWS, had no hand in making, and may be unequipped to handle.\nMeanwhile, it’s not clear that those large suppliers even want to align with juggernaut marketplaces, if jewelry maker/retailer Pandora(OTCMKTS:PANDY) is any indication. The Danish firm’s CEO, Alexander Lacik, rejecting the suggestion that he needs Amazon or Farfetch(NYSE:FTCH),said this week, “If you’re a small and unknown brand, marketplaces offer a great opportunity, because they provide you with an audience. I already have an audience.”\nThe Bottom Line\nThe future for AWS is so bright you need shades.\nAll sorts of industries, from finance to healthcare, are moving toward it. New AWS CEO Adam Selipsky notes that only 5-15% of IT spending has yet moved to the cloud.\nMeanwhile,the store’s problems will only grow as it gains a significant share of the retail market. It’s not yet bigger than Walmart but it’s getting close. It’s now seen as the big, evil giant of retailing, which was once Walmart’s province, and which helped slow its growth.\nSeparate the three faces of Amazon and you change this story’s trajectory. You unlock value. You get the government off your back. Like they say at Nike(NYSE:NKE), just do it.","news_type":1,"symbols_score_info":{"AMZN":0.9}},"isVote":1,"tweetType":1,"viewCount":2761,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":603663569,"gmtCreate":1638406076864,"gmtModify":1638406078580,"author":{"id":"3575863302540813","authorId":"3575863302540813","name":"BigBeef","avatar":"https://static.tigerbbs.com/bab462817cab7b3a5ed25a7a7a74ed1e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575863302540813","authorIdStr":"3575863302540813"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>Where MOASS bro&nbsp;","listText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>Where MOASS bro&nbsp;","text":"$AMC Entertainment(AMC)$Where MOASS bro","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/603663569","isVote":1,"tweetType":1,"viewCount":3630,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":867218954,"gmtCreate":1633270433400,"gmtModify":1633270433744,"author":{"id":"3575863302540813","authorId":"3575863302540813","name":"BigBeef","avatar":"https://static.tigerbbs.com/bab462817cab7b3a5ed25a7a7a74ed1e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575863302540813","authorIdStr":"3575863302540813"},"themes":[],"htmlText":"Who believes her when her portfolio performancehas lagged the SP500 by so much?","listText":"Who believes her when her portfolio performancehas lagged the SP500 by so much?","text":"Who believes her when her portfolio performancehas lagged the SP500 by so much?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/867218954","repostId":"2172687859","repostType":2,"isVote":1,"tweetType":1,"viewCount":2172,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":887096180,"gmtCreate":1631940195640,"gmtModify":1632805175303,"author":{"id":"3575863302540813","authorId":"3575863302540813","name":"BigBeef","avatar":"https://static.tigerbbs.com/bab462817cab7b3a5ed25a7a7a74ed1e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575863302540813","authorIdStr":"3575863302540813"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a><a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a><a href=\"https://laohu8.com/S/HOOD\">$Robinhood Markets, Inc.(HOOD)$</a>Eh I see all the tinfoil hats screaming for ban of PFOF, but remember that Tiger Brokers and Moomoo uses it too. That is how you get your $1.99 commission.&nbsp;If you really don’t want PFOF, go to POEMs or FSMOne. But I am pretty sure you are crying at the $8 commissions charged&nbsp;there. And of course, it’s more worth it if you got at least six digits to trade everytime. But looking at the losses here, I doubt it. Hahahaha&nbsp;","listText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a><a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a><a href=\"https://laohu8.com/S/HOOD\">$Robinhood Markets, Inc.(HOOD)$</a>Eh I see all the tinfoil hats screaming for ban of PFOF, but remember that Tiger Brokers and Moomoo uses it too. That is how you get your $1.99 commission.&nbsp;If you really don’t want PFOF, go to POEMs or FSMOne. But I am pretty sure you are crying at the $8 commissions charged&nbsp;there. And of course, it’s more worth it if you got at least six digits to trade everytime. But looking at the losses here, I doubt it. Hahahaha&nbsp;","text":"$AMC Entertainment(AMC)$$GameStop(GME)$$Robinhood Markets, Inc.(HOOD)$Eh I see all the tinfoil hats screaming for ban of PFOF, but remember that Tiger Brokers and Moomoo uses it too. That is how you get your $1.99 commission. If you really don’t want PFOF, go to POEMs or FSMOne. But I am pretty sure you are crying at the $8 commissions charged there. And of course, it’s more worth it if you got at least six digits to trade everytime. But looking at the losses here, I doubt it. Hahahaha","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/887096180","isVote":1,"tweetType":1,"viewCount":1854,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":884368274,"gmtCreate":1631858007198,"gmtModify":1631884041914,"author":{"id":"3575863302540813","authorId":"3575863302540813","name":"BigBeef","avatar":"https://static.tigerbbs.com/bab462817cab7b3a5ed25a7a7a74ed1e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575863302540813","authorIdStr":"3575863302540813"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/GREE\">$Greenidge Generation Holdings Inc.(GREE)$</a><a href=\"https://laohu8.com/S/SPRT\">$Support.com(SPRT)$</a>Always the market maker’s manipulation whenever large losses are made. How about you all take responsibility for your own bad financial decisions lol","listText":"<a href=\"https://laohu8.com/S/GREE\">$Greenidge Generation Holdings Inc.(GREE)$</a><a href=\"https://laohu8.com/S/SPRT\">$Support.com(SPRT)$</a>Always the market maker’s manipulation whenever large losses are made. How about you all take responsibility for your own bad financial decisions lol","text":"$Greenidge Generation Holdings Inc.(GREE)$$Support.com(SPRT)$Always the market maker’s manipulation whenever large losses are made. How about you all take responsibility for your own bad financial decisions lol","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/884368274","isVote":1,"tweetType":1,"viewCount":1560,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":884363629,"gmtCreate":1631857867361,"gmtModify":1631884041922,"author":{"id":"3575863302540813","authorId":"3575863302540813","name":"BigBeef","avatar":"https://static.tigerbbs.com/bab462817cab7b3a5ed25a7a7a74ed1e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575863302540813","authorIdStr":"3575863302540813"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/GREE\">$Greenidge Generation Holdings Inc.(GREE)$</a>The loss porn has been entertaining.&nbsp;","listText":"<a href=\"https://laohu8.com/S/GREE\">$Greenidge Generation Holdings Inc.(GREE)$</a>The loss porn has been entertaining.&nbsp;","text":"$Greenidge Generation Holdings Inc.(GREE)$The loss porn has been entertaining.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/884363629","isVote":1,"tweetType":1,"viewCount":1622,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":885354775,"gmtCreate":1631758868497,"gmtModify":1631885566857,"author":{"id":"3575863302540813","authorId":"3575863302540813","name":"BigBeef","avatar":"https://static.tigerbbs.com/bab462817cab7b3a5ed25a7a7a74ed1e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575863302540813","authorIdStr":"3575863302540813"},"themes":[],"htmlText":"Every now and then, some moron with a death wish decides to short Apple. All the choices out there, and he chooses Apple.&nbsp;","listText":"Every now and then, some moron with a death wish decides to short Apple. All the choices out there, and he chooses Apple.&nbsp;","text":"Every now and then, some moron with a death wish decides to short Apple. All the choices out there, and he chooses Apple.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/885354775","repostId":"1149667719","repostType":2,"isVote":1,"tweetType":1,"viewCount":2597,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":833014649,"gmtCreate":1629189171581,"gmtModify":1631885566869,"author":{"id":"3575863302540813","authorId":"3575863302540813","name":"BigBeef","avatar":"https://static.tigerbbs.com/bab462817cab7b3a5ed25a7a7a74ed1e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575863302540813","authorIdStr":"3575863302540813"},"themes":[],"htmlText":"Nope. Be patient and buy more. We have a minimal wait till December at least. Or maybe longer. But we’ll get there.","listText":"Nope. Be patient and buy more. We have a minimal wait till December at least. Or maybe longer. But we’ll get there.","text":"Nope. Be patient and buy more. We have a minimal wait till December at least. Or maybe longer. But we’ll get there.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/833014649","repostId":"833007865","repostType":1,"repost":{"id":833007865,"gmtCreate":1629187439757,"gmtModify":1629187439757,"author":{"id":"4091858118401080","authorId":"4091858118401080","name":"孔飒易","avatar":"https://static.tigerbbs.com/4b682e5d7187c8798f60fb419da8e723","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091858118401080","authorIdStr":"4091858118401080"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AMZN\">$亚马逊(AMZN)$</a>今天能到月球？？？","listText":"<a href=\"https://laohu8.com/S/AMZN\">$亚马逊(AMZN)$</a>今天能到月球？？？","text":"$亚马逊(AMZN)$今天能到月球？？？","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/833007865","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":1186,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":898847419,"gmtCreate":1628488042031,"gmtModify":1631885566882,"author":{"id":"3575863302540813","authorId":"3575863302540813","name":"BigBeef","avatar":"https://static.tigerbbs.com/bab462817cab7b3a5ed25a7a7a74ed1e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575863302540813","authorIdStr":"3575863302540813"},"themes":[],"htmlText":"Apple can do anything!","listText":"Apple can do anything!","text":"Apple can do anything!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/898847419","repostId":"1117756865","repostType":4,"repost":{"id":"1117756865","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":1628485462,"share":"https://www.laohu8.com/m/news/1117756865?lang=zh_CN&edition=full","pubTime":"2021-08-09 13:04","market":"us","language":"en","title":"Apple Needs To Cut Apple TV Prices Or Cull The Beleaguered Living Room Gadget: Gurman<blockquote>苹果需要降低苹果电视价格或淘汰陷入困境的客厅小工具：古尔曼</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1117756865","media":"Benzinga","summary":"Apple needs to cut the prices of Apple TV or send it the way of other retired products like iPod HiF","content":"<p><b><a href=\"https://laohu8.com/S/AAPL\">Apple</a> </b>needs to cut the prices of&nbsp;<b>Apple TV</b>&nbsp;or send it the way of other retired products like iPod HiFi and the high-end version of its HomePod speakers, wrote&nbsp;<b>Mark Gurman</b>&nbsp;in the latest edition of his newsletter.</p><p><blockquote><b><a href=\"https://laohu8.com/S/AAPL\">苹果</a></b>需要降价<b>苹果电视台</b>或者像iPod HiFi和HomePod扬声器的高端版本那样发送它<b>马克·古尔曼</b>在他最新一期的时事通讯中。</blockquote></p><p> <b>What Happened:</b>&nbsp;Gurman noted the coming of the “age of streaming” and the abundance of services like those offered by&nbsp;<b><a href=\"https://laohu8.com/S/NFLX\">Netflix</a></b>,<b>&nbsp;<a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a></b>,<b> </b>and&nbsp;<b>Hulu</b>.</p><p><blockquote><b>发生了什么：</b>古尔曼指出了“流媒体时代”的到来以及诸如<b><a href=\"https://laohu8.com/S/NFLX\">Netflix</a></b>,<b> <a href=\"https://laohu8.com/S/AMZN\">亚马逊</a></b>,<b></b>和<b>葫芦</b>.</blockquote></p><p> This, according to Gurman, has made Apple TV a largely “pointless accessory.” The analyst buttressed his point by sharing 2020 data from Strategy Analytics that found that Apple TV only held 2% of the streaming device market.</p><p><blockquote>古尔曼表示，这使得苹果电视在很大程度上成为“毫无意义的配件”。这位分析师通过分享Strategy Analytics 2020年的数据来支持他的观点，该数据发现苹果电视仅占据流媒体设备市场的2%。</blockquote></p><p> “One idea for keeping the Apple TV relevant would be to bundle an Apple TV+ subscription indefinitely at no additional charge,” wrote Gurman.</p><p><blockquote>古尔曼写道：“保持苹果电视相关性的一个想法是无限期捆绑苹果TV+订阅，不收取额外费用。”</blockquote></p><p> Gurman’s other ideas include cutting the price of the box or turning it into a 4K capable “stick.”</p><p><blockquote>古尔曼的其他想法包括降低盒子的价格或将其变成具有4K功能的“棍子”。</blockquote></p><p> <b>Why It Matters:</b>&nbsp;Gurman’s suggestions are unlikely to come to fruition anytime soon. He said that Apple engineers have told him that the iPhone maker “doesn’t have a strong living room hardware strategy and that there isn’t much internal optimism.”</p><p><blockquote><b>为什么重要：</b>古尔曼的建议不太可能很快实现。他表示，苹果工程师告诉他，这家iPhone制造商“没有强有力的客厅硬件战略，内部也没有太多乐观情绪”。</blockquote></p><p> In the latest newsletter, Gurman noted that the Apple TV had gone through more “interface overhauls” compared with any other Apple products and “despite nearly 15 years of attempts, Apple hasn’t created anything close to a market leader.”</p><p><blockquote>在最新的时事通讯中，古尔曼指出，与任何其他苹果产品相比，苹果电视经历了更多的“界面检修”，“尽管进行了近15年的尝试，但苹果尚未创造出任何接近市场领导者的产品。”</blockquote></p><p> The Bloomberg Journalist contributed to 9&nbsp;to&nbsp;5&nbsp;Mac for over six years and isregardedas an authority on the&nbsp;<b>Tim Cook</b>-led company.</p><p><blockquote>这位彭博社记者为Mac朝九晚五做出了六年多的贡献，被视为该领域的权威<b>蒂姆·库克</b>-led公司。</blockquote></p><p> Appleunveiled the next generationof its 4K box containing an A12 Bionic chip in April this year. The device comes with a new&nbsp;<b>Siri Remote,</b>which features clickpad and touch controls.</p><p><blockquote>今年4月，苹果推出了包含A12仿生芯片的下一代4K盒子。该设备带有一个新的<b>遥控器系列，</b>它具有点击板和触摸控制。</blockquote></p><p> <b>Price Action:</b>&nbsp;On Friday, Apple shares closed nearly 0.5% lower at $146.14 in the regular session and fell 0.12% in the after-hours trading.</p><p><blockquote><b>价格走势：</b>周五，苹果股价常规交易时段收跌近0.5%，报146.14美元，盘后交易下跌0.12%。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Needs To Cut Apple TV Prices Or Cull The Beleaguered Living Room Gadget: Gurman<blockquote>苹果需要降低苹果电视价格或淘汰陷入困境的客厅小工具：古尔曼</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Needs To Cut Apple TV Prices Or Cull The Beleaguered Living Room Gadget: Gurman<blockquote>苹果需要降低苹果电视价格或淘汰陷入困境的客厅小工具：古尔曼</blockquote>\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\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 smaller\">2021-08-09 13:04</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<p><b><a href=\"https://laohu8.com/S/AAPL\">Apple</a> </b>needs to cut the prices of&nbsp;<b>Apple TV</b>&nbsp;or send it the way of other retired products like iPod HiFi and the high-end version of its HomePod speakers, wrote&nbsp;<b>Mark Gurman</b>&nbsp;in the latest edition of his newsletter.</p><p><blockquote><b><a href=\"https://laohu8.com/S/AAPL\">苹果</a></b>需要降价<b>苹果电视台</b>或者像iPod HiFi和HomePod扬声器的高端版本那样发送它<b>马克·古尔曼</b>在他最新一期的时事通讯中。</blockquote></p><p> <b>What Happened:</b>&nbsp;Gurman noted the coming of the “age of streaming” and the abundance of services like those offered by&nbsp;<b><a href=\"https://laohu8.com/S/NFLX\">Netflix</a></b>,<b>&nbsp;<a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a></b>,<b> </b>and&nbsp;<b>Hulu</b>.</p><p><blockquote><b>发生了什么：</b>古尔曼指出了“流媒体时代”的到来以及诸如<b><a href=\"https://laohu8.com/S/NFLX\">Netflix</a></b>,<b> <a href=\"https://laohu8.com/S/AMZN\">亚马逊</a></b>,<b></b>和<b>葫芦</b>.</blockquote></p><p> This, according to Gurman, has made Apple TV a largely “pointless accessory.” The analyst buttressed his point by sharing 2020 data from Strategy Analytics that found that Apple TV only held 2% of the streaming device market.</p><p><blockquote>古尔曼表示，这使得苹果电视在很大程度上成为“毫无意义的配件”。这位分析师通过分享Strategy Analytics 2020年的数据来支持他的观点，该数据发现苹果电视仅占据流媒体设备市场的2%。</blockquote></p><p> “One idea for keeping the Apple TV relevant would be to bundle an Apple TV+ subscription indefinitely at no additional charge,” wrote Gurman.</p><p><blockquote>古尔曼写道：“保持苹果电视相关性的一个想法是无限期捆绑苹果TV+订阅，不收取额外费用。”</blockquote></p><p> Gurman’s other ideas include cutting the price of the box or turning it into a 4K capable “stick.”</p><p><blockquote>古尔曼的其他想法包括降低盒子的价格或将其变成具有4K功能的“棍子”。</blockquote></p><p> <b>Why It Matters:</b>&nbsp;Gurman’s suggestions are unlikely to come to fruition anytime soon. He said that Apple engineers have told him that the iPhone maker “doesn’t have a strong living room hardware strategy and that there isn’t much internal optimism.”</p><p><blockquote><b>为什么重要：</b>古尔曼的建议不太可能很快实现。他表示，苹果工程师告诉他，这家iPhone制造商“没有强有力的客厅硬件战略，内部也没有太多乐观情绪”。</blockquote></p><p> In the latest newsletter, Gurman noted that the Apple TV had gone through more “interface overhauls” compared with any other Apple products and “despite nearly 15 years of attempts, Apple hasn’t created anything close to a market leader.”</p><p><blockquote>在最新的时事通讯中，古尔曼指出，与任何其他苹果产品相比，苹果电视经历了更多的“界面检修”，“尽管进行了近15年的尝试，但苹果尚未创造出任何接近市场领导者的产品。”</blockquote></p><p> The Bloomberg Journalist contributed to 9&nbsp;to&nbsp;5&nbsp;Mac for over six years and isregardedas an authority on the&nbsp;<b>Tim Cook</b>-led company.</p><p><blockquote>这位彭博社记者为Mac朝九晚五做出了六年多的贡献，被视为该领域的权威<b>蒂姆·库克</b>-led公司。</blockquote></p><p> Appleunveiled the next generationof its 4K box containing an A12 Bionic chip in April this year. The device comes with a new&nbsp;<b>Siri Remote,</b>which features clickpad and touch controls.</p><p><blockquote>今年4月，苹果推出了包含A12仿生芯片的下一代4K盒子。该设备带有一个新的<b>遥控器系列，</b>它具有点击板和触摸控制。</blockquote></p><p> <b>Price Action:</b>&nbsp;On Friday, Apple shares closed nearly 0.5% lower at $146.14 in the regular session and fell 0.12% in the after-hours trading.</p><p><blockquote><b>价格走势：</b>周五，苹果股价常规交易时段收跌近0.5%，报146.14美元，盘后交易下跌0.12%。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1117756865","content_text":"Apple needs to cut the prices of Apple TV or send it the way of other retired products like iPod HiFi and the high-end version of its HomePod speakers, wrote Mark Gurman in the latest edition of his newsletter.\nWhat Happened: Gurman noted the coming of the “age of streaming” and the abundance of services like those offered by Netflix, Amazon.com, and Hulu.\nThis, according to Gurman, has made Apple TV a largely “pointless accessory.” The analyst buttressed his point by sharing 2020 data from Strategy Analytics that found that Apple TV only held 2% of the streaming device market.\n“One idea for keeping the Apple TV relevant would be to bundle an Apple TV+ subscription indefinitely at no additional charge,” wrote Gurman.\nGurman’s other ideas include cutting the price of the box or turning it into a 4K capable “stick.”\nWhy It Matters: Gurman’s suggestions are unlikely to come to fruition anytime soon. He said that Apple engineers have told him that the iPhone maker “doesn’t have a strong living room hardware strategy and that there isn’t much internal optimism.”\nIn the latest newsletter, Gurman noted that the Apple TV had gone through more “interface overhauls” compared with any other Apple products and “despite nearly 15 years of attempts, Apple hasn’t created anything close to a market leader.”\nThe Bloomberg Journalist contributed to 9 to 5 Mac for over six years and isregardedas an authority on the Tim Cook-led company.\nAppleunveiled the next generationof its 4K box containing an A12 Bionic chip in April this year. The device comes with a new Siri Remote,which features clickpad and touch controls.\nPrice Action: On Friday, Apple shares closed nearly 0.5% lower at $146.14 in the regular session and fell 0.12% in the after-hours trading.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":436,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":890446423,"gmtCreate":1628130295462,"gmtModify":1631885566894,"author":{"id":"3575863302540813","authorId":"3575863302540813","name":"BigBeef","avatar":"https://static.tigerbbs.com/bab462817cab7b3a5ed25a7a7a74ed1e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575863302540813","authorIdStr":"3575863302540813"},"themes":[],"htmlText":"Hope you <a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>apes bought into this. Ahahahahhaa.&nbsp;","listText":"Hope you <a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>apes bought into this. Ahahahahhaa.&nbsp;","text":"Hope you $AMC Entertainment(AMC)$apes bought into this. Ahahahahhaa.","images":[{"img":"https://static.tigerbbs.com/8afcb77ff56762556e5ec4ad80a51e9c","width":"1242","height":"2385"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":13,"repostSize":1,"link":"https://laohu8.com/post/890446423","isVote":1,"tweetType":1,"viewCount":1663,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":156320519,"gmtCreate":1625196668431,"gmtModify":1631885566907,"author":{"id":"3575863302540813","authorId":"3575863302540813","name":"BigBeef","avatar":"https://static.tigerbbs.com/bab462817cab7b3a5ed25a7a7a74ed1e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575863302540813","authorIdStr":"3575863302540813"},"themes":[],"htmlText":"Well, it’s a rite of passage. If you win, good. If you lose, then maybe it’s time to look at some other long term stocks you won’t lose sleep over.","listText":"Well, it’s a rite of passage. If you win, good. If you lose, then maybe it’s time to look at some other long term stocks you won’t lose sleep over.","text":"Well, it’s a rite of passage. If you win, good. If you lose, then maybe it’s time to look at some other long term stocks you won’t lose sleep over.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/156320519","repostId":"1133090424","repostType":4,"isVote":1,"tweetType":1,"viewCount":586,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":166833015,"gmtCreate":1624000677337,"gmtModify":1631885566921,"author":{"id":"3575863302540813","authorId":"3575863302540813","name":"BigBeef","avatar":"https://static.tigerbbs.com/bab462817cab7b3a5ed25a7a7a74ed1e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575863302540813","authorIdStr":"3575863302540813"},"themes":[],"htmlText":"Will sit this out. Too risky.","listText":"Will sit this out. Too risky.","text":"Will sit this out. Too risky.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/166833015","repostId":"1175693382","repostType":4,"repost":{"id":"1175693382","kind":"news","pubTimestamp":1623978463,"share":"https://www.laohu8.com/m/news/1175693382?lang=zh_CN&edition=full","pubTime":"2021-06-18 09:07","market":"hk","language":"en","title":"Alibaba Stock: The Bottoming Process Looks To Be Forming Already<blockquote>阿里巴巴-SW股票：触底过程似乎已经形成</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1175693382","media":"seekingalpha","summary":"Alibaba is probably the most undervalued growth stock right now.The company’s multiple growth drivers within a rapidly expanding market made its valuations look even more baffling.The short term technical picture may be turning bullish with a potential double bottom price action signal.When we take things into clearer perspective by comparing China’s growth rate and size of its market to that of the U.S. e-commerce market, we could see the huge differences in their sizes and growth rates as the ","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>Alibaba is probably the most undervalued growth stock right now.</li>  <li>The company’s multiple growth drivers within a rapidly expanding market made its valuations look even more baffling.</li>  <li>The short term technical picture may be turning bullish with a potential double bottom price action signal.</li>  <li>We discuss the company’s multiple growth drivers and let investors judge for themselves.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/05e63c77d4f3f3dc3d618e43044638bb\" tg-width=\"768\" tg-height=\"512\"><span>Yongyuan Dai/iStock Unreleased via Getty Images</span></p><p><blockquote><ul><li>阿里巴巴-SW可能是目前最被低估的成长型股票。</li><li>该公司在快速扩张的市场中的多种增长动力使其估值看起来更加令人困惑。</li><li>短期技术面可能会转向看涨，并出现潜在的双底价格走势信号。</li><li>我们讨论公司的多种增长动力，让投资者自行判断。</li></ul><p class=\"t-img-caption\"><span>戴永源/iStock未通过Getty Images发布</span></p></blockquote></p><p> <b>The Technical Thesis</b></p><p><blockquote><b>技术论文</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7febf6ed056b0e3bc038321cdaad9b1c\" tg-width=\"1280\" tg-height=\"782\"><span>Source: TradingView</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：TradingView</span></p></blockquote></p><p> Alibaba’s&nbsp;stock price has endured a terrible 8 months ever since its Ant Financial IPO was pulled in early Nov 20, with the stock languishing in the doldrums 34% off its high. When considering the health of its long term uptrend, it’s clear that BABA has a relatively strong uptrend bias and has generally been well supported along its key 50W MA. The only other time in the last 4 years that it lost its key 50W MA support level was during the 2018 bear market where BABA dropped about 40%, but was still well supported above the important 200W MA, which we usually consider as the “last line of defense”. Right now BABA is somewhat facing a similar situation again: down 34%, lost the 50W MA, but looks to be well supported above the 200W MA. In addition to that, one interesting observation in price action analysis may lead price action traders/investors to be especially bullish: a potential double bottom formation. BABA's price is seemingly going through a double bottom like it did during the 2018 bear market before it rallied strongly thereafter. As a result, BABA’s current level may offer a possible technical buy entry point now.</p><p><blockquote>自11月20日早些时候蚂蚁金服IPO被取消以来，阿里巴巴-SW的股价已经经历了可怕的8个月，股价低迷，较高点下跌了34%。当考虑其长期上升趋势的健康状况时，很明显BABA具有相对较强的上升趋势偏差，并且通常在其关键的50W MA上得到良好支撑。过去4年中唯一一次失去关键的50W MA支撑位是在2018年熊市期间，当时BABA下跌了约40%，但仍在重要的200W MA上方得到良好支撑，我们通常认为这是“最后一道防线”。现在阿里巴巴再次面临类似的情况：下跌34%，失去了50W MA，但看起来在200W MA上方得到了很好的支撑。除此之外，价格行为分析中的一个有趣观察可能会导致价格行为交易者/投资者特别看涨：潜在的双底形成。阿里巴巴的价格似乎正在经历双底，就像2018年熊市期间一样，随后强劲反弹。因此，阿里巴巴目前的水平现在可能提供一个可能的技术买入切入点。</blockquote></p><p> <b>BABA's Fundamental Thesis: Rapidly Expanding Growth Drivers</b></p><p><blockquote><b>阿里巴巴的基本论点：快速扩大增长动力</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/eba49f5881708929949c30628eedc5d4\" tg-width=\"934\" tg-height=\"578\"><span>Annual GMV. Data source: Company filings</span></p><p><blockquote><p class=\"t-img-caption\"><span>年度GMV。数据来源：公司备案</span></p></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a4d6c4ed3e2402f5af52b2dea8bab411\" tg-width=\"836\" tg-height=\"517\"><span>Annual e-commerce revenue. Data source: Company filings</span></p><p><blockquote><p class=\"t-img-caption\"><span>年电子商务收入。数据来源：公司备案</span></p></blockquote></p><p> BABA’s GMV grew from 1.68T yuan to 7.49T yuan in just a matter of 7 years, which represented a CAGR of 23.8%, a truly amazing growth rate. We also saw its GMV growth being converted into revenue growth as its China commerce revenue grew from 7.67B yuan to 473.68B yuan, at a CAGR of 51% over the last 10 years. While its international footprint remains considerably smaller, it still grew at a CAGR of 30.42% over the last 10 years, which was by no means slow.</p><p><blockquote>阿里巴巴的GMV在短短7年内从1.68 T元增长到7.49 T元，复合年增长率为23.8%，增速确实惊人。我们还看到其GMV增长转化为收入增长，其中国商业收入从76.7亿元增长至4736.8亿元，过去10年复合年增长率为51%。虽然其国际足迹仍然相当小，但在过去10年中，其复合年增长率仍为30.42%，这一点也不慢。</blockquote></p><p> Even though China’s e-commerce market is expected to grow considerably slower at a CAGR of 12.4% over the next three years, from 13.8T yuan, equivalent to $2.16T in 2021 to 19.6T yuan,equivalent to $3.06T by 2024, the massive size of the market still offers tremendous upside potential for BABA and its closest competitors to grow into.</p><p><blockquote>尽管预计未来三年中国电子商务市场的增长速度将大幅放缓，复合年增长率为12.4%，从2021年的13.8 T元（相当于2.16 T美元）增长到2024年的19.6 T元（相当于3.06 T美元），但庞大的市场规模仍然为阿里巴巴及其最接近的竞争对手提供了巨大的增长潜力。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ffe2dee43f267e1d1399c68e3ca60f36\" tg-width=\"600\" tg-height=\"371\"><span>E-commerce revenue in the U.S. Data source: Statista</span></p><p><blockquote><p class=\"t-img-caption\"><span>美国电子商务收入数据来源：Statista</span></p></blockquote></p><p> When we take things into clearer perspective by comparing China’s growth rate and size of its market to that of the U.S. e-commerce market, we could see the huge differences in their sizes and growth rates as the U.S. e-commerce market is only expected to grow at a CAGR of 4.67% from 2021 to 2025, which is significantly slower than China’s 12.4%. In addition, the U.S. market is also expected to reach about $563B in total revenue, which is 18% of what the China market is expected to be worth by then.</p><p><blockquote>当我们通过比较中国与美国电子商务市场的增长率和规模来更清晰地看待事物时，我们可以看到它们的规模和增长率的巨大差异，因为美国电子商务市场预计仅增长2021年至2025年的复合年增长率为4.67%，明显低于中国的12.4%。此外，美国市场的总收入预计也将达到约5630亿美元，是届时中国市场预计价值的18%。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0d5a8d0d8a6a2dcdf667a6f33c6c9771\" tg-width=\"1280\" tg-height=\"702\"><span>Peers EBIT Margin and Projected EBIT Margin. Data source: S&amp;P Capital IQ</span></p><p><blockquote><p class=\"t-img-caption\"><span>同行息税前利润率和预计息税前利润率。数据来源：标普资本智商</span></p></blockquote></p><p> Even though Alibaba has been facing increased competitive pressures from its fast growing key competitors: JD.com(NASDAQ:JD)and Pinduoduo(NASDAQ:PDD), BABA has already been operating a much more profitable business (both EBIT and FCF), and is expected to continue delivering strong profitability moving forward, which should give the company tremendous flexibility to compete head on with JD and PDD in its quest to extend its leadership. Investors may observe that BABA’s EBIT margin was affected by the one-off administrative penalty of $2,782M that was reflected in its SG&amp;A, and therefore skewed its EBIT margin to the downside.</p><p><blockquote>尽管阿里巴巴-SW一直面临着来自快速增长的主要竞争对手京东（纳斯达克：JD）和拼多多（纳斯达克：PDD）的越来越大的竞争压力，但阿里巴巴已经在经营利润更高的业务（息税前利润和自由现金流），并且预计未来将继续实现强劲的盈利能力，这将使该公司具有巨大的灵活性，可以与京东和拼多多正面竞争，以扩大其领导地位。投资者可能会注意到，阿里巴巴的息税前利润率受到其SG&amp;A中反映的27.82亿美元一次性行政罚款的影响，因此其息税前利润率出现下行。</blockquote></p><p></p><p> One important move was the company’s decision to further its investment in the Community Marketplace, which is PDD’s main e-commerce strategy that saw PDD gain a total of&nbsp;823M AAC&nbsp;in its latest quarter as compared to BABA’s 891M AAC. PDD’s AAC growth is truly phenomenal considering it had only&nbsp;100M AAC in Q2’C17&nbsp;as compared to BABA’s 466M AAC in the same period.</p><p><blockquote>一项重要举措是该公司决定进一步投资社区市场，这是拼多多的主要电子商务战略，拼多多在最近一个季度总共获得了8.23亿AAC，而阿里巴巴的AAC为8.91亿。与阿里巴巴同期的4.66亿AAC相比，拼多多的AAC在2017年第二季度仅有1亿AAC，其AAC增长确实是惊人的。</blockquote></p><p> Therefore, the momentum of growth has surely swung over to the Community Marketplace segment and BABA would need to pull out its big guns (which it has) to compete for dominance with PDD and JD.</p><p><blockquote>因此，增长势头肯定已经转向社区市场领域，阿里巴巴需要拿出重磅炸弹（它已经拥有）来与拼多多和京东争夺主导地位。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3b83b69b08b1f4b11a26393c8e6eead5\" tg-width=\"600\" tg-height=\"371\"><span>Market size of community group buying in China. Data source: iiMedia Research</span></p><p><blockquote><p class=\"t-img-caption\"><span>中国社区团购的市场规模。数据来源：艾媒咨询</span></p></blockquote></p><p> Even though the expected total market size of 102B yuan by 2022 represented only about 21.5% of BABA’s FY 21 China commerce revenue, the expected rapid CAGR of 44.22% over 3 years from 2019 to 2022 cannot be missed by BABA. Although the market is still relatively small, BABA cannot allow the current leader in this market: PDD to so easily dominate and gobble up the early high growth rates at the ignorance of everyone else. Certainly BABA must compete and fight for its place in this segment and strive for early leadership to prevent PDD from extending its lead.</p><p><blockquote>尽管预计到2022年1020亿元的总市场规模仅占阿里巴巴21财年中国商业收入的21.5%左右，但阿里巴巴不能错过2019年至2022年3年内44.22%的预期快速复合年增长率。虽然市场还比较小，但BABA不能让这个市场目前的龙头：PDD在旁人无知的情况下，如此轻易地称霸并吞噬早期的高增长率。当然，阿里巴巴必须竞争并争取自己在这一领域的地位，并争取早期领导地位，以防止拼多多扩大领先优势。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b97b2b4a8a182dc9846d8fb7e4039877\" tg-width=\"1280\" tg-height=\"770\"><span>PDD profitability metrics &amp; revenue growth forecast. Data source: S&amp;P Capital IQ</span></p><p><blockquote><p class=\"t-img-caption\"><span>PDD盈利指标和收入增长预测。数据来源：标普资本智商</span></p></blockquote></p><p> We could observe from the above chart that PDD is expected to continue growing its revenue rapidly over the next few years, even though they are expected to normalize subsequently. More importantly, PDD is also expected to increasingly improve its EBIT and FCF profitability moving forward. This shows that the Community Marketplace segment is an highly important growth driver that BABA must use its strength to exploit in order to deny PDD’s claim to undisputed leadership so early on in the game.</p><p><blockquote>我们可以从上图中观察到，拼多多的收入预计将在未来几年继续快速增长，尽管预计随后将正常化。更重要的是，拼多多预计未来的息税前利润和自由现金流盈利能力也将日益提高。这表明社区市场细分市场是一个非常重要的增长动力，阿里巴巴必须利用其优势来利用它，以否认拼多多在游戏早期声称的无可争议的领导地位。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3aadc32155b4108426a1a982e3b5b1c2\" tg-width=\"640\" tg-height=\"360\"><span>China public cloud spending. Source:China Internet Watch; Canalys</span></p><p><blockquote><p class=\"t-img-caption\"><span>中国公有云支出。来源：中国互联网观察；Canalys</span></p></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1c1538b9f7bdc8d6d35a72d9acf8ecbc\" tg-width=\"600\" tg-height=\"371\"><span>Size of China public cloud market. Data source: CAICT; Sina.com.cn</span></p><p><blockquote><p class=\"t-img-caption\"><span>中国公有云市场规模。数据来源：中国信通技术；新浪网</span></p></blockquote></p><p> BABA has a 40% share in China’s public cloud market, way ahead of its key competitors. However, it’s important to note that despite this leadership, BABA is still in heavy investment mode to continue growing its market share as China’s public cloud market is expected to grow from 26.48B yuan in 2017 to 230.74B yuan by 2023, which would represent a CAGR of 43.4%, an incredibly stellar growth rate. This is especially clear when we compare China’s growth rate to the worldwide growth rate (see below) as public cloud spending worldwide is expected to grow from $145B in 2017 to $397B by 2022, that would represent a CAGR of 22.3%.</p><p><blockquote>阿里巴巴在中国公有云市场拥有40%的份额，远远领先于其主要竞争对手。然而，值得注意的是，尽管处于领先地位，阿里巴巴仍处于大力投资模式，以继续扩大其市场份额，因为中国公共云市场预计将从2017年的264.8亿元增长到2023年的2307.4亿元，这将代表CAGR 43.4%，这是一个令人难以置信的出色增长率。当我们将中国的增长率与全球增长率（见下文）进行比较时，这一点尤其明显，因为全球公共云支出预计将从2017年的1450亿美元增长到2022年的3970亿美元，这将代表22.3%的CAGR。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/06198c569504bc303c34563041dfb294\" tg-width=\"600\" tg-height=\"371\"><span>Worldwide public cloud spending. Data source: Gartner</span></p><p><blockquote><p class=\"t-img-caption\"><span>全球公共云支出。数据来源：Gartner</span></p></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8482037f60575f964053ab732496bee3\" tg-width=\"1176\" tg-height=\"700\"><span>Worldwide public cloud market share. Source:CnTechPost; Gartner</span></p><p><blockquote><p class=\"t-img-caption\"><span>全球公共云市场份额。来源：CnTechPost；Gartner</span></p></blockquote></p><p> Therefore, I don’t find it surprising that Ali Cloud has continued to extend its lead over Alphabet’s(NASDAQ:GOOGL)(NASDAQ:GOOG)GCP with a market share of 9.5% in 2020. While AMZN remains the clear leader in the market, its market share has been coming down considerably as public cloud spending continues to expand, indicating that there is a huge potential for growth for multiple players to exist. With BABA’s leadership in the rapidly expanding Chinese market, I’m increasingly bullish on the future profit and FCF contribution from this segment to BABA’s performance over time. Although BABA’s cloud segment has not been EBIT profitable yet (FY 21 EBIT margin: -15%, FY 20 EBIT margin: -17.5%), it’s also useful to note that GCP has also not been profitable for Alphabet as well (FY 20 EBIT margin: -42.9%, FY 19 EBIT margin: -52%). Therefore, we need to give BABA some time to scale up its cloud services in APAC and in China where it is expected to have stronger leadership to allow it to grow faster and investors should expect this to be a highly profitable segment over time.</p><p><blockquote>因此，阿里云在2020年以9.5%的市场份额继续扩大对Alphabet（纳斯达克：GOOGL）（纳斯达克：GOOG）GCP的领先优势，我并不觉得奇怪。虽然亚马逊仍然是市场上明显的领导者，但随着公共云支出的持续扩大，其市场份额一直在大幅下降，这表明多个参与者存在巨大的增长潜力。凭借阿里巴巴在快速扩张的中国市场的领导地位，我越来越看好该细分市场未来的利润和自由现金流对阿里巴巴业绩的贡献。尽管阿里巴巴的云部门尚未实现息税前利润（21财年息税前利润率：-15%，20财年息税前利润率：-17.5%），但值得注意的是，Alphabet的GCP也尚未实现盈利（20财年息税前利润率：-42.9%，19财年息税前利润率：-52%）。因此，我们需要给阿里巴巴一些时间来扩大其在亚太地区和中国的云服务规模，预计阿里巴巴将拥有更强大的领导力，使其能够更快地增长，投资者应该预计随着时间的推移，这将是一个高利润的细分市场。</blockquote></p><p> <b>BABA's Valuations Look Highly Compelling</b></p><p><blockquote><b>阿里巴巴的估值看起来非常引人注目</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/62a087c4b3ef7efc2c5dde813e3b959d\" tg-width=\"1000\" tg-height=\"600\"><span>NTM TEV / EBIT 3Y range.</span></p><p><blockquote><p class=\"t-img-caption\"><span>NTM TEV/EBIT 3Y范围。</span></p></blockquote></p><p></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b2605c0e5ad364a7a43929fef204595c\" tg-width=\"1280\" tg-height=\"687\"><span>EV / Fwd EBIT and EV / Fwd Rev trend. Data source: S&amp;P Capital IQ</span></p><p><blockquote><p class=\"t-img-caption\"><span>EV/Fwd息税前利润和EV/Fwd Rev趋势。数据来源：标普资本智商</span></p></blockquote></p><p> When we consider BABA's TEV / EBIT historical range, where the 3Y mean read 33.54x, BABA’s EV / Fwd EBIT trend certainly imply a hugely undervalued stock as BABA is still expected to grow its revenue and operating profits rapidly. However, as we wanted to obtain greater clarity over how its counterparts are also valued, we thought it would be useful if we value BABA’s EBIT over a set of benchmark companies that is presented below.</p><p><blockquote>当我们考虑阿里巴巴的TEV/EBIT历史范围（3年平均值为33.54倍）时，阿里巴巴的EV/Fwd EBIT趋势无疑意味着该股票被严重低估，因为预计阿里巴巴的收入和营业利润仍将快速增长。然而，由于我们希望更清楚地了解其同行的估值情况，我们认为如果我们对阿里巴巴的息税前利润进行估值，而不是下面介绍的一组基准公司，这将是有用的。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d27873e676dfb23c98d4a69aa5861e02\" tg-width=\"1280\" tg-height=\"1117\"><span>Peers EV / EBIT Valuations. Data source: S&amp;P Capital IQ</span></p><p><blockquote><p class=\"t-img-caption\"><span>同行EV/EBIT估值。数据来源：标普资本智商</span></p></blockquote></p><p> By using a blend of historical and forward EBIT, we could see that BABA’s EV / EBIT really looks undervalued when compared to the median value of the set of observed values from the benchmark companies. We derived a fair value range for BABA of $294.98 at the midpoint of the range, that represented a potential upside of 40.5% based on the current stock price of $210.</p><p><blockquote>通过混合使用历史和远期息税前利润，我们可以看到，与基准公司一组观察值的中值相比，阿里巴巴的EV/EBIT看起来确实被低估了。我们得出阿里巴巴的公允价值范围为294.98美元，位于该范围的中点，基于当前210美元的股价，这意味着40.5%的潜在上涨空间。</blockquote></p><p> <b>Risks to Assumptions</b></p><p><blockquote><b>假设风险</b></blockquote></p><p> Now, it’s obviously baffling to watch how Mr. Market has decided to discount BABA to such an extent as if the company has lost all its key sources of growth, when in fact there is still so much potential upside coming from its commerce segment, the new marketplace initiatives and its growing Ali Cloud segment, among others. The main realistic reason that we identified for the stock's underperformance would simply be regulatory risk. We think investors should acknowledge that this risk is very real and at times huge Chinese companies have found themselves to be subjected to extra scrutiny (which is nothing new in fact) by the Chinese government. What’s critical here is that the Chinese government seemingly has significant clout over the behavior and actions of their tech behemoths that at times may be largely unpredictable. The market certainly hates unpredictability and therefore they may have significantly discounted BABA as a result of that. If investors are not able to handle uncertainty with regard to potentially unpredictable regulatory actions and their aftermath, then BABA may not be appropriate for you. However, if you believe that this is just a blip in BABA’s long journey, then you would surely find BABA's valuations extremely attractive right now, coupled with a long term mindset.</p><p><blockquote>现在，看着先生如何表现显然令人困惑。市场决定对阿里巴巴进行折扣，就好像该公司已经失去了所有关键的增长来源，而事实上，其商业部门、新的市场举措和不断增长的阿里云部门仍有很大的潜在上涨空间，其中。我们认为该股表现不佳的主要现实原因只是监管风险。我们认为投资者应该承认这种风险是非常真实的，有时大型中国公司会发现自己受到中国政府的额外审查（事实上这并不是什么新鲜事）。这里关键的是，中国政府似乎对其科技巨头的行为和行动拥有重大影响力，而这些影响力有时可能在很大程度上是不可预测的。市场当然讨厌不可预测性，因此他们可能会因此大幅折扣阿里巴巴。如果投资者无法应对潜在不可预测的监管行动及其后果的不确定性，那么阿里巴巴可能不适合您。然而，如果你认为这只是阿里巴巴漫长旅程中的一个短暂时刻，那么你肯定会发现阿里巴巴现在的估值极具吸引力，再加上长期思维。</blockquote></p><p> <b>Wrapping It All Up</b></p><p><blockquote><b>把这一切包起来</b></blockquote></p><p> Alibaba has continued to deliver solid results that demonstrated the strong capability of the company to execute well. As the company continues to operate within a market with so many growth drivers that are expected to drive the company’s future growth, investors should find the current valuations highly attractive.</p><p><blockquote>阿里巴巴-SW继续取得稳健的业绩，展示了公司强大的执行能力。由于该公司继续在一个拥有如此多增长动力的市场中运营，预计将推动公司未来的增长，投资者应该会发现当前的估值非常有吸引力。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba Stock: The Bottoming Process Looks To Be Forming Already<blockquote>阿里巴巴-SW股票：触底过程似乎已经形成</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\nAlibaba Stock: The Bottoming Process Looks To Be Forming Already<blockquote>阿里巴巴-SW股票：触底过程似乎已经形成</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">seekingalpha</strong><span class=\"h-time small\">2021-06-18 09:07</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>Alibaba is probably the most undervalued growth stock right now.</li>  <li>The company’s multiple growth drivers within a rapidly expanding market made its valuations look even more baffling.</li>  <li>The short term technical picture may be turning bullish with a potential double bottom price action signal.</li>  <li>We discuss the company’s multiple growth drivers and let investors judge for themselves.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/05e63c77d4f3f3dc3d618e43044638bb\" tg-width=\"768\" tg-height=\"512\"><span>Yongyuan Dai/iStock Unreleased via Getty Images</span></p><p><blockquote><ul><li>阿里巴巴-SW可能是目前最被低估的成长型股票。</li><li>该公司在快速扩张的市场中的多种增长动力使其估值看起来更加令人困惑。</li><li>短期技术面可能会转向看涨，并出现潜在的双底价格走势信号。</li><li>我们讨论公司的多种增长动力，让投资者自行判断。</li></ul><p class=\"t-img-caption\"><span>戴永源/iStock未通过Getty Images发布</span></p></blockquote></p><p> <b>The Technical Thesis</b></p><p><blockquote><b>技术论文</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7febf6ed056b0e3bc038321cdaad9b1c\" tg-width=\"1280\" tg-height=\"782\"><span>Source: TradingView</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：TradingView</span></p></blockquote></p><p> Alibaba’s&nbsp;stock price has endured a terrible 8 months ever since its Ant Financial IPO was pulled in early Nov 20, with the stock languishing in the doldrums 34% off its high. When considering the health of its long term uptrend, it’s clear that BABA has a relatively strong uptrend bias and has generally been well supported along its key 50W MA. The only other time in the last 4 years that it lost its key 50W MA support level was during the 2018 bear market where BABA dropped about 40%, but was still well supported above the important 200W MA, which we usually consider as the “last line of defense”. Right now BABA is somewhat facing a similar situation again: down 34%, lost the 50W MA, but looks to be well supported above the 200W MA. In addition to that, one interesting observation in price action analysis may lead price action traders/investors to be especially bullish: a potential double bottom formation. BABA's price is seemingly going through a double bottom like it did during the 2018 bear market before it rallied strongly thereafter. As a result, BABA’s current level may offer a possible technical buy entry point now.</p><p><blockquote>自11月20日早些时候蚂蚁金服IPO被取消以来，阿里巴巴-SW的股价已经经历了可怕的8个月，股价低迷，较高点下跌了34%。当考虑其长期上升趋势的健康状况时，很明显BABA具有相对较强的上升趋势偏差，并且通常在其关键的50W MA上得到良好支撑。过去4年中唯一一次失去关键的50W MA支撑位是在2018年熊市期间，当时BABA下跌了约40%，但仍在重要的200W MA上方得到良好支撑，我们通常认为这是“最后一道防线”。现在阿里巴巴再次面临类似的情况：下跌34%，失去了50W MA，但看起来在200W MA上方得到了很好的支撑。除此之外，价格行为分析中的一个有趣观察可能会导致价格行为交易者/投资者特别看涨：潜在的双底形成。阿里巴巴的价格似乎正在经历双底，就像2018年熊市期间一样，随后强劲反弹。因此，阿里巴巴目前的水平现在可能提供一个可能的技术买入切入点。</blockquote></p><p> <b>BABA's Fundamental Thesis: Rapidly Expanding Growth Drivers</b></p><p><blockquote><b>阿里巴巴的基本论点：快速扩大增长动力</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/eba49f5881708929949c30628eedc5d4\" tg-width=\"934\" tg-height=\"578\"><span>Annual GMV. Data source: Company filings</span></p><p><blockquote><p class=\"t-img-caption\"><span>年度GMV。数据来源：公司备案</span></p></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a4d6c4ed3e2402f5af52b2dea8bab411\" tg-width=\"836\" tg-height=\"517\"><span>Annual e-commerce revenue. Data source: Company filings</span></p><p><blockquote><p class=\"t-img-caption\"><span>年电子商务收入。数据来源：公司备案</span></p></blockquote></p><p> BABA’s GMV grew from 1.68T yuan to 7.49T yuan in just a matter of 7 years, which represented a CAGR of 23.8%, a truly amazing growth rate. We also saw its GMV growth being converted into revenue growth as its China commerce revenue grew from 7.67B yuan to 473.68B yuan, at a CAGR of 51% over the last 10 years. While its international footprint remains considerably smaller, it still grew at a CAGR of 30.42% over the last 10 years, which was by no means slow.</p><p><blockquote>阿里巴巴的GMV在短短7年内从1.68 T元增长到7.49 T元，复合年增长率为23.8%，增速确实惊人。我们还看到其GMV增长转化为收入增长，其中国商业收入从76.7亿元增长至4736.8亿元，过去10年复合年增长率为51%。虽然其国际足迹仍然相当小，但在过去10年中，其复合年增长率仍为30.42%，这一点也不慢。</blockquote></p><p> Even though China’s e-commerce market is expected to grow considerably slower at a CAGR of 12.4% over the next three years, from 13.8T yuan, equivalent to $2.16T in 2021 to 19.6T yuan,equivalent to $3.06T by 2024, the massive size of the market still offers tremendous upside potential for BABA and its closest competitors to grow into.</p><p><blockquote>尽管预计未来三年中国电子商务市场的增长速度将大幅放缓，复合年增长率为12.4%，从2021年的13.8 T元（相当于2.16 T美元）增长到2024年的19.6 T元（相当于3.06 T美元），但庞大的市场规模仍然为阿里巴巴及其最接近的竞争对手提供了巨大的增长潜力。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ffe2dee43f267e1d1399c68e3ca60f36\" tg-width=\"600\" tg-height=\"371\"><span>E-commerce revenue in the U.S. Data source: Statista</span></p><p><blockquote><p class=\"t-img-caption\"><span>美国电子商务收入数据来源：Statista</span></p></blockquote></p><p> When we take things into clearer perspective by comparing China’s growth rate and size of its market to that of the U.S. e-commerce market, we could see the huge differences in their sizes and growth rates as the U.S. e-commerce market is only expected to grow at a CAGR of 4.67% from 2021 to 2025, which is significantly slower than China’s 12.4%. In addition, the U.S. market is also expected to reach about $563B in total revenue, which is 18% of what the China market is expected to be worth by then.</p><p><blockquote>当我们通过比较中国与美国电子商务市场的增长率和规模来更清晰地看待事物时，我们可以看到它们的规模和增长率的巨大差异，因为美国电子商务市场预计仅增长2021年至2025年的复合年增长率为4.67%，明显低于中国的12.4%。此外，美国市场的总收入预计也将达到约5630亿美元，是届时中国市场预计价值的18%。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0d5a8d0d8a6a2dcdf667a6f33c6c9771\" tg-width=\"1280\" tg-height=\"702\"><span>Peers EBIT Margin and Projected EBIT Margin. Data source: S&amp;P Capital IQ</span></p><p><blockquote><p class=\"t-img-caption\"><span>同行息税前利润率和预计息税前利润率。数据来源：标普资本智商</span></p></blockquote></p><p> Even though Alibaba has been facing increased competitive pressures from its fast growing key competitors: JD.com(NASDAQ:JD)and Pinduoduo(NASDAQ:PDD), BABA has already been operating a much more profitable business (both EBIT and FCF), and is expected to continue delivering strong profitability moving forward, which should give the company tremendous flexibility to compete head on with JD and PDD in its quest to extend its leadership. Investors may observe that BABA’s EBIT margin was affected by the one-off administrative penalty of $2,782M that was reflected in its SG&amp;A, and therefore skewed its EBIT margin to the downside.</p><p><blockquote>尽管阿里巴巴-SW一直面临着来自快速增长的主要竞争对手京东（纳斯达克：JD）和拼多多（纳斯达克：PDD）的越来越大的竞争压力，但阿里巴巴已经在经营利润更高的业务（息税前利润和自由现金流），并且预计未来将继续实现强劲的盈利能力，这将使该公司具有巨大的灵活性，可以与京东和拼多多正面竞争，以扩大其领导地位。投资者可能会注意到，阿里巴巴的息税前利润率受到其SG&amp;A中反映的27.82亿美元一次性行政罚款的影响，因此其息税前利润率出现下行。</blockquote></p><p></p><p> One important move was the company’s decision to further its investment in the Community Marketplace, which is PDD’s main e-commerce strategy that saw PDD gain a total of&nbsp;823M AAC&nbsp;in its latest quarter as compared to BABA’s 891M AAC. PDD’s AAC growth is truly phenomenal considering it had only&nbsp;100M AAC in Q2’C17&nbsp;as compared to BABA’s 466M AAC in the same period.</p><p><blockquote>一项重要举措是该公司决定进一步投资社区市场，这是拼多多的主要电子商务战略，拼多多在最近一个季度总共获得了8.23亿AAC，而阿里巴巴的AAC为8.91亿。与阿里巴巴同期的4.66亿AAC相比，拼多多的AAC在2017年第二季度仅有1亿AAC，其AAC增长确实是惊人的。</blockquote></p><p> Therefore, the momentum of growth has surely swung over to the Community Marketplace segment and BABA would need to pull out its big guns (which it has) to compete for dominance with PDD and JD.</p><p><blockquote>因此，增长势头肯定已经转向社区市场领域，阿里巴巴需要拿出重磅炸弹（它已经拥有）来与拼多多和京东争夺主导地位。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3b83b69b08b1f4b11a26393c8e6eead5\" tg-width=\"600\" tg-height=\"371\"><span>Market size of community group buying in China. Data source: iiMedia Research</span></p><p><blockquote><p class=\"t-img-caption\"><span>中国社区团购的市场规模。数据来源：艾媒咨询</span></p></blockquote></p><p> Even though the expected total market size of 102B yuan by 2022 represented only about 21.5% of BABA’s FY 21 China commerce revenue, the expected rapid CAGR of 44.22% over 3 years from 2019 to 2022 cannot be missed by BABA. Although the market is still relatively small, BABA cannot allow the current leader in this market: PDD to so easily dominate and gobble up the early high growth rates at the ignorance of everyone else. Certainly BABA must compete and fight for its place in this segment and strive for early leadership to prevent PDD from extending its lead.</p><p><blockquote>尽管预计到2022年1020亿元的总市场规模仅占阿里巴巴21财年中国商业收入的21.5%左右，但阿里巴巴不能错过2019年至2022年3年内44.22%的预期快速复合年增长率。虽然市场还比较小，但BABA不能让这个市场目前的龙头：PDD在旁人无知的情况下，如此轻易地称霸并吞噬早期的高增长率。当然，阿里巴巴必须竞争并争取自己在这一领域的地位，并争取早期领导地位，以防止拼多多扩大领先优势。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b97b2b4a8a182dc9846d8fb7e4039877\" tg-width=\"1280\" tg-height=\"770\"><span>PDD profitability metrics &amp; revenue growth forecast. Data source: S&amp;P Capital IQ</span></p><p><blockquote><p class=\"t-img-caption\"><span>PDD盈利指标和收入增长预测。数据来源：标普资本智商</span></p></blockquote></p><p> We could observe from the above chart that PDD is expected to continue growing its revenue rapidly over the next few years, even though they are expected to normalize subsequently. More importantly, PDD is also expected to increasingly improve its EBIT and FCF profitability moving forward. This shows that the Community Marketplace segment is an highly important growth driver that BABA must use its strength to exploit in order to deny PDD’s claim to undisputed leadership so early on in the game.</p><p><blockquote>我们可以从上图中观察到，拼多多的收入预计将在未来几年继续快速增长，尽管预计随后将正常化。更重要的是，拼多多预计未来的息税前利润和自由现金流盈利能力也将日益提高。这表明社区市场细分市场是一个非常重要的增长动力，阿里巴巴必须利用其优势来利用它，以否认拼多多在游戏早期声称的无可争议的领导地位。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3aadc32155b4108426a1a982e3b5b1c2\" tg-width=\"640\" tg-height=\"360\"><span>China public cloud spending. Source:China Internet Watch; Canalys</span></p><p><blockquote><p class=\"t-img-caption\"><span>中国公有云支出。来源：中国互联网观察；Canalys</span></p></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1c1538b9f7bdc8d6d35a72d9acf8ecbc\" tg-width=\"600\" tg-height=\"371\"><span>Size of China public cloud market. Data source: CAICT; Sina.com.cn</span></p><p><blockquote><p class=\"t-img-caption\"><span>中国公有云市场规模。数据来源：中国信通技术；新浪网</span></p></blockquote></p><p> BABA has a 40% share in China’s public cloud market, way ahead of its key competitors. However, it’s important to note that despite this leadership, BABA is still in heavy investment mode to continue growing its market share as China’s public cloud market is expected to grow from 26.48B yuan in 2017 to 230.74B yuan by 2023, which would represent a CAGR of 43.4%, an incredibly stellar growth rate. This is especially clear when we compare China’s growth rate to the worldwide growth rate (see below) as public cloud spending worldwide is expected to grow from $145B in 2017 to $397B by 2022, that would represent a CAGR of 22.3%.</p><p><blockquote>阿里巴巴在中国公有云市场拥有40%的份额，远远领先于其主要竞争对手。然而，值得注意的是，尽管处于领先地位，阿里巴巴仍处于大力投资模式，以继续扩大其市场份额，因为中国公共云市场预计将从2017年的264.8亿元增长到2023年的2307.4亿元，这将代表CAGR 43.4%，这是一个令人难以置信的出色增长率。当我们将中国的增长率与全球增长率（见下文）进行比较时，这一点尤其明显，因为全球公共云支出预计将从2017年的1450亿美元增长到2022年的3970亿美元，这将代表22.3%的CAGR。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/06198c569504bc303c34563041dfb294\" tg-width=\"600\" tg-height=\"371\"><span>Worldwide public cloud spending. Data source: Gartner</span></p><p><blockquote><p class=\"t-img-caption\"><span>全球公共云支出。数据来源：Gartner</span></p></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8482037f60575f964053ab732496bee3\" tg-width=\"1176\" tg-height=\"700\"><span>Worldwide public cloud market share. Source:CnTechPost; Gartner</span></p><p><blockquote><p class=\"t-img-caption\"><span>全球公共云市场份额。来源：CnTechPost；Gartner</span></p></blockquote></p><p> Therefore, I don’t find it surprising that Ali Cloud has continued to extend its lead over Alphabet’s(NASDAQ:GOOGL)(NASDAQ:GOOG)GCP with a market share of 9.5% in 2020. While AMZN remains the clear leader in the market, its market share has been coming down considerably as public cloud spending continues to expand, indicating that there is a huge potential for growth for multiple players to exist. With BABA’s leadership in the rapidly expanding Chinese market, I’m increasingly bullish on the future profit and FCF contribution from this segment to BABA’s performance over time. Although BABA’s cloud segment has not been EBIT profitable yet (FY 21 EBIT margin: -15%, FY 20 EBIT margin: -17.5%), it’s also useful to note that GCP has also not been profitable for Alphabet as well (FY 20 EBIT margin: -42.9%, FY 19 EBIT margin: -52%). Therefore, we need to give BABA some time to scale up its cloud services in APAC and in China where it is expected to have stronger leadership to allow it to grow faster and investors should expect this to be a highly profitable segment over time.</p><p><blockquote>因此，阿里云在2020年以9.5%的市场份额继续扩大对Alphabet（纳斯达克：GOOGL）（纳斯达克：GOOG）GCP的领先优势，我并不觉得奇怪。虽然亚马逊仍然是市场上明显的领导者，但随着公共云支出的持续扩大，其市场份额一直在大幅下降，这表明多个参与者存在巨大的增长潜力。凭借阿里巴巴在快速扩张的中国市场的领导地位，我越来越看好该细分市场未来的利润和自由现金流对阿里巴巴业绩的贡献。尽管阿里巴巴的云部门尚未实现息税前利润（21财年息税前利润率：-15%，20财年息税前利润率：-17.5%），但值得注意的是，Alphabet的GCP也尚未实现盈利（20财年息税前利润率：-42.9%，19财年息税前利润率：-52%）。因此，我们需要给阿里巴巴一些时间来扩大其在亚太地区和中国的云服务规模，预计阿里巴巴将拥有更强大的领导力，使其能够更快地增长，投资者应该预计随着时间的推移，这将是一个高利润的细分市场。</blockquote></p><p> <b>BABA's Valuations Look Highly Compelling</b></p><p><blockquote><b>阿里巴巴的估值看起来非常引人注目</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/62a087c4b3ef7efc2c5dde813e3b959d\" tg-width=\"1000\" tg-height=\"600\"><span>NTM TEV / EBIT 3Y range.</span></p><p><blockquote><p class=\"t-img-caption\"><span>NTM TEV/EBIT 3Y范围。</span></p></blockquote></p><p></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b2605c0e5ad364a7a43929fef204595c\" tg-width=\"1280\" tg-height=\"687\"><span>EV / Fwd EBIT and EV / Fwd Rev trend. Data source: S&amp;P Capital IQ</span></p><p><blockquote><p class=\"t-img-caption\"><span>EV/Fwd息税前利润和EV/Fwd Rev趋势。数据来源：标普资本智商</span></p></blockquote></p><p> When we consider BABA's TEV / EBIT historical range, where the 3Y mean read 33.54x, BABA’s EV / Fwd EBIT trend certainly imply a hugely undervalued stock as BABA is still expected to grow its revenue and operating profits rapidly. However, as we wanted to obtain greater clarity over how its counterparts are also valued, we thought it would be useful if we value BABA’s EBIT over a set of benchmark companies that is presented below.</p><p><blockquote>当我们考虑阿里巴巴的TEV/EBIT历史范围（3年平均值为33.54倍）时，阿里巴巴的EV/Fwd EBIT趋势无疑意味着该股票被严重低估，因为预计阿里巴巴的收入和营业利润仍将快速增长。然而，由于我们希望更清楚地了解其同行的估值情况，我们认为如果我们对阿里巴巴的息税前利润进行估值，而不是下面介绍的一组基准公司，这将是有用的。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d27873e676dfb23c98d4a69aa5861e02\" tg-width=\"1280\" tg-height=\"1117\"><span>Peers EV / EBIT Valuations. Data source: S&amp;P Capital IQ</span></p><p><blockquote><p class=\"t-img-caption\"><span>同行EV/EBIT估值。数据来源：标普资本智商</span></p></blockquote></p><p> By using a blend of historical and forward EBIT, we could see that BABA’s EV / EBIT really looks undervalued when compared to the median value of the set of observed values from the benchmark companies. We derived a fair value range for BABA of $294.98 at the midpoint of the range, that represented a potential upside of 40.5% based on the current stock price of $210.</p><p><blockquote>通过混合使用历史和远期息税前利润，我们可以看到，与基准公司一组观察值的中值相比，阿里巴巴的EV/EBIT看起来确实被低估了。我们得出阿里巴巴的公允价值范围为294.98美元，位于该范围的中点，基于当前210美元的股价，这意味着40.5%的潜在上涨空间。</blockquote></p><p> <b>Risks to Assumptions</b></p><p><blockquote><b>假设风险</b></blockquote></p><p> Now, it’s obviously baffling to watch how Mr. Market has decided to discount BABA to such an extent as if the company has lost all its key sources of growth, when in fact there is still so much potential upside coming from its commerce segment, the new marketplace initiatives and its growing Ali Cloud segment, among others. The main realistic reason that we identified for the stock's underperformance would simply be regulatory risk. We think investors should acknowledge that this risk is very real and at times huge Chinese companies have found themselves to be subjected to extra scrutiny (which is nothing new in fact) by the Chinese government. What’s critical here is that the Chinese government seemingly has significant clout over the behavior and actions of their tech behemoths that at times may be largely unpredictable. The market certainly hates unpredictability and therefore they may have significantly discounted BABA as a result of that. If investors are not able to handle uncertainty with regard to potentially unpredictable regulatory actions and their aftermath, then BABA may not be appropriate for you. However, if you believe that this is just a blip in BABA’s long journey, then you would surely find BABA's valuations extremely attractive right now, coupled with a long term mindset.</p><p><blockquote>现在，看着先生如何表现显然令人困惑。市场决定对阿里巴巴进行折扣，就好像该公司已经失去了所有关键的增长来源，而事实上，其商业部门、新的市场举措和不断增长的阿里云部门仍有很大的潜在上涨空间，其中。我们认为该股表现不佳的主要现实原因只是监管风险。我们认为投资者应该承认这种风险是非常真实的，有时大型中国公司会发现自己受到中国政府的额外审查（事实上这并不是什么新鲜事）。这里关键的是，中国政府似乎对其科技巨头的行为和行动拥有重大影响力，而这些影响力有时可能在很大程度上是不可预测的。市场当然讨厌不可预测性，因此他们可能会因此大幅折扣阿里巴巴。如果投资者无法应对潜在不可预测的监管行动及其后果的不确定性，那么阿里巴巴可能不适合您。然而，如果你认为这只是阿里巴巴漫长旅程中的一个短暂时刻，那么你肯定会发现阿里巴巴现在的估值极具吸引力，再加上长期思维。</blockquote></p><p> <b>Wrapping It All Up</b></p><p><blockquote><b>把这一切包起来</b></blockquote></p><p> Alibaba has continued to deliver solid results that demonstrated the strong capability of the company to execute well. As the company continues to operate within a market with so many growth drivers that are expected to drive the company’s future growth, investors should find the current valuations highly attractive.</p><p><blockquote>阿里巴巴-SW继续取得稳健的业绩，展示了公司强大的执行能力。由于该公司继续在一个拥有如此多增长动力的市场中运营，预计将推动公司未来的增长，投资者应该会发现当前的估值非常有吸引力。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4435297-alibaba-stock-bottoming-process-forming-buy-now\">seekingalpha</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-W","BABA":"阿里巴巴"},"source_url":"https://seekingalpha.com/article/4435297-alibaba-stock-bottoming-process-forming-buy-now","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175693382","content_text":"Summary\n\nAlibaba is probably the most undervalued growth stock right now.\nThe company’s multiple growth drivers within a rapidly expanding market made its valuations look even more baffling.\nThe short term technical picture may be turning bullish with a potential double bottom price action signal.\nWe discuss the company’s multiple growth drivers and let investors judge for themselves.\n\nYongyuan Dai/iStock Unreleased via Getty Images\nThe Technical Thesis\nSource: TradingView\nAlibaba’s stock price has endured a terrible 8 months ever since its Ant Financial IPO was pulled in early Nov 20, with the stock languishing in the doldrums 34% off its high. When considering the health of its long term uptrend, it’s clear that BABA has a relatively strong uptrend bias and has generally been well supported along its key 50W MA. The only other time in the last 4 years that it lost its key 50W MA support level was during the 2018 bear market where BABA dropped about 40%, but was still well supported above the important 200W MA, which we usually consider as the “last line of defense”. Right now BABA is somewhat facing a similar situation again: down 34%, lost the 50W MA, but looks to be well supported above the 200W MA. In addition to that, one interesting observation in price action analysis may lead price action traders/investors to be especially bullish: a potential double bottom formation. BABA's price is seemingly going through a double bottom like it did during the 2018 bear market before it rallied strongly thereafter. As a result, BABA’s current level may offer a possible technical buy entry point now.\nBABA's Fundamental Thesis: Rapidly Expanding Growth Drivers\nAnnual GMV. Data source: Company filings\nAnnual e-commerce revenue. Data source: Company filings\nBABA’s GMV grew from 1.68T yuan to 7.49T yuan in just a matter of 7 years, which represented a CAGR of 23.8%, a truly amazing growth rate. We also saw its GMV growth being converted into revenue growth as its China commerce revenue grew from 7.67B yuan to 473.68B yuan, at a CAGR of 51% over the last 10 years. While its international footprint remains considerably smaller, it still grew at a CAGR of 30.42% over the last 10 years, which was by no means slow.\nEven though China’s e-commerce market is expected to grow considerably slower at a CAGR of 12.4% over the next three years, from 13.8T yuan, equivalent to $2.16T in 2021 to 19.6T yuan,equivalent to $3.06T by 2024, the massive size of the market still offers tremendous upside potential for BABA and its closest competitors to grow into.\nE-commerce revenue in the U.S. Data source: Statista\nWhen we take things into clearer perspective by comparing China’s growth rate and size of its market to that of the U.S. e-commerce market, we could see the huge differences in their sizes and growth rates as the U.S. e-commerce market is only expected to grow at a CAGR of 4.67% from 2021 to 2025, which is significantly slower than China’s 12.4%. In addition, the U.S. market is also expected to reach about $563B in total revenue, which is 18% of what the China market is expected to be worth by then.\nPeers EBIT Margin and Projected EBIT Margin. Data source: S&P Capital IQ\nEven though Alibaba has been facing increased competitive pressures from its fast growing key competitors: JD.com(NASDAQ:JD)and Pinduoduo(NASDAQ:PDD), BABA has already been operating a much more profitable business (both EBIT and FCF), and is expected to continue delivering strong profitability moving forward, which should give the company tremendous flexibility to compete head on with JD and PDD in its quest to extend its leadership. Investors may observe that BABA’s EBIT margin was affected by the one-off administrative penalty of $2,782M that was reflected in its SG&A, and therefore skewed its EBIT margin to the downside.\nOne important move was the company’s decision to further its investment in the Community Marketplace, which is PDD’s main e-commerce strategy that saw PDD gain a total of 823M AAC in its latest quarter as compared to BABA’s 891M AAC. PDD’s AAC growth is truly phenomenal considering it had only 100M AAC in Q2’C17 as compared to BABA’s 466M AAC in the same period.\nTherefore, the momentum of growth has surely swung over to the Community Marketplace segment and BABA would need to pull out its big guns (which it has) to compete for dominance with PDD and JD.\nMarket size of community group buying in China. Data source: iiMedia Research\nEven though the expected total market size of 102B yuan by 2022 represented only about 21.5% of BABA’s FY 21 China commerce revenue, the expected rapid CAGR of 44.22% over 3 years from 2019 to 2022 cannot be missed by BABA. Although the market is still relatively small, BABA cannot allow the current leader in this market: PDD to so easily dominate and gobble up the early high growth rates at the ignorance of everyone else. Certainly BABA must compete and fight for its place in this segment and strive for early leadership to prevent PDD from extending its lead.\nPDD profitability metrics & revenue growth forecast. Data source: S&P Capital IQ\nWe could observe from the above chart that PDD is expected to continue growing its revenue rapidly over the next few years, even though they are expected to normalize subsequently. More importantly, PDD is also expected to increasingly improve its EBIT and FCF profitability moving forward. This shows that the Community Marketplace segment is an highly important growth driver that BABA must use its strength to exploit in order to deny PDD’s claim to undisputed leadership so early on in the game.\nChina public cloud spending. Source:China Internet Watch; Canalys\nSize of China public cloud market. Data source: CAICT; Sina.com.cn\nBABA has a 40% share in China’s public cloud market, way ahead of its key competitors. However, it’s important to note that despite this leadership, BABA is still in heavy investment mode to continue growing its market share as China’s public cloud market is expected to grow from 26.48B yuan in 2017 to 230.74B yuan by 2023, which would represent a CAGR of 43.4%, an incredibly stellar growth rate. This is especially clear when we compare China’s growth rate to the worldwide growth rate (see below) as public cloud spending worldwide is expected to grow from $145B in 2017 to $397B by 2022, that would represent a CAGR of 22.3%.\nWorldwide public cloud spending. Data source: Gartner\nWorldwide public cloud market share. Source:CnTechPost; Gartner\nTherefore, I don’t find it surprising that Ali Cloud has continued to extend its lead over Alphabet’s(NASDAQ:GOOGL)(NASDAQ:GOOG)GCP with a market share of 9.5% in 2020. While AMZN remains the clear leader in the market, its market share has been coming down considerably as public cloud spending continues to expand, indicating that there is a huge potential for growth for multiple players to exist. With BABA’s leadership in the rapidly expanding Chinese market, I’m increasingly bullish on the future profit and FCF contribution from this segment to BABA’s performance over time. Although BABA’s cloud segment has not been EBIT profitable yet (FY 21 EBIT margin: -15%, FY 20 EBIT margin: -17.5%), it’s also useful to note that GCP has also not been profitable for Alphabet as well (FY 20 EBIT margin: -42.9%, FY 19 EBIT margin: -52%). Therefore, we need to give BABA some time to scale up its cloud services in APAC and in China where it is expected to have stronger leadership to allow it to grow faster and investors should expect this to be a highly profitable segment over time.\nBABA's Valuations Look Highly Compelling\nNTM TEV / EBIT 3Y range.\nEV / Fwd EBIT and EV / Fwd Rev trend. Data source: S&P Capital IQ\nWhen we consider BABA's TEV / EBIT historical range, where the 3Y mean read 33.54x, BABA’s EV / Fwd EBIT trend certainly imply a hugely undervalued stock as BABA is still expected to grow its revenue and operating profits rapidly. However, as we wanted to obtain greater clarity over how its counterparts are also valued, we thought it would be useful if we value BABA’s EBIT over a set of benchmark companies that is presented below.\nPeers EV / EBIT Valuations. Data source: S&P Capital IQ\nBy using a blend of historical and forward EBIT, we could see that BABA’s EV / EBIT really looks undervalued when compared to the median value of the set of observed values from the benchmark companies. We derived a fair value range for BABA of $294.98 at the midpoint of the range, that represented a potential upside of 40.5% based on the current stock price of $210.\nRisks to Assumptions\nNow, it’s obviously baffling to watch how Mr. Market has decided to discount BABA to such an extent as if the company has lost all its key sources of growth, when in fact there is still so much potential upside coming from its commerce segment, the new marketplace initiatives and its growing Ali Cloud segment, among others. The main realistic reason that we identified for the stock's underperformance would simply be regulatory risk. We think investors should acknowledge that this risk is very real and at times huge Chinese companies have found themselves to be subjected to extra scrutiny (which is nothing new in fact) by the Chinese government. What’s critical here is that the Chinese government seemingly has significant clout over the behavior and actions of their tech behemoths that at times may be largely unpredictable. The market certainly hates unpredictability and therefore they may have significantly discounted BABA as a result of that. If investors are not able to handle uncertainty with regard to potentially unpredictable regulatory actions and their aftermath, then BABA may not be appropriate for you. However, if you believe that this is just a blip in BABA’s long journey, then you would surely find BABA's valuations extremely attractive right now, coupled with a long term mindset.\nWrapping It All Up\nAlibaba has continued to deliver solid results that demonstrated the strong capability of the company to execute well. As the company continues to operate within a market with so many growth drivers that are expected to drive the company’s future growth, investors should find the current valuations highly attractive.","news_type":1,"symbols_score_info":{"BABA":0.9,"09988":0.9}},"isVote":1,"tweetType":1,"viewCount":568,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":133975627,"gmtCreate":1621691836869,"gmtModify":1631885566933,"author":{"id":"3575863302540813","authorId":"3575863302540813","name":"BigBeef","avatar":"https://static.tigerbbs.com/bab462817cab7b3a5ed25a7a7a74ed1e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575863302540813","authorIdStr":"3575863302540813"},"themes":[],"htmlText":"SPACs are mostly nonsense and only benefit the hedge fund owners.","listText":"SPACs are mostly nonsense and only benefit the hedge fund owners.","text":"SPACs are mostly nonsense and only benefit the hedge fund owners.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/133975627","repostId":"2137907575","repostType":4,"isVote":1,"tweetType":1,"viewCount":453,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":130341202,"gmtCreate":1621515718206,"gmtModify":1631885566945,"author":{"id":"3575863302540813","authorId":"3575863302540813","name":"BigBeef","avatar":"https://static.tigerbbs.com/bab462817cab7b3a5ed25a7a7a74ed1e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575863302540813","authorIdStr":"3575863302540813"},"themes":[],"htmlText":"Yeah please go down. Enough of this frothy Elon Musk nonsense. Market manipulator.","listText":"Yeah please go down. Enough of this frothy Elon Musk nonsense. Market manipulator.","text":"Yeah please go down. Enough of this frothy Elon Musk nonsense. Market manipulator.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/130341202","repostId":"1123155606","repostType":4,"isVote":1,"tweetType":1,"viewCount":977,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":195485884,"gmtCreate":1621308063348,"gmtModify":1631885566962,"author":{"id":"3575863302540813","authorId":"3575863302540813","name":"BigBeef","avatar":"https://static.tigerbbs.com/bab462817cab7b3a5ed25a7a7a74ed1e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575863302540813","authorIdStr":"3575863302540813"},"themes":[],"htmlText":"Yep. And 40 billion valuation is quite a stretch.","listText":"Yep. And 40 billion valuation is quite a stretch.","text":"Yep. And 40 billion valuation is quite a stretch.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/195485884","repostId":"1149212873","repostType":2,"isVote":1,"tweetType":1,"viewCount":421,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":106507151,"gmtCreate":1620130942773,"gmtModify":1631885566970,"author":{"id":"3575863302540813","authorId":"3575863302540813","name":"BigBeef","avatar":"https://static.tigerbbs.com/bab462817cab7b3a5ed25a7a7a74ed1e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575863302540813","authorIdStr":"3575863302540813"},"themes":[],"htmlText":"So they want to use the App Store but don’t want to pay? How about everyone use the Unreal Engine but not pay Epic? Hypocrites.","listText":"So they want to use the App Store but don’t want to pay? How about everyone use the Unreal Engine but not pay Epic? Hypocrites.","text":"So they want to use the App Store but don’t want to pay? How about everyone use the Unreal Engine but not pay Epic? Hypocrites.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/106507151","repostId":"1159960732","repostType":4,"isVote":1,"tweetType":1,"viewCount":479,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":103261223,"gmtCreate":1619788188662,"gmtModify":1631889124895,"author":{"id":"3575863302540813","authorId":"3575863302540813","name":"BigBeef","avatar":"https://static.tigerbbs.com/bab462817cab7b3a5ed25a7a7a74ed1e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575863302540813","authorIdStr":"3575863302540813"},"themes":[],"htmlText":"This will always result in a better economy with better infrastructure&nbsp;","listText":"This will always result in a better economy with better infrastructure&nbsp;","text":"This will always result in a better economy with better infrastructure","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/103261223","repostId":"1129215602","repostType":4,"isVote":1,"tweetType":1,"viewCount":698,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":100159438,"gmtCreate":1619592383124,"gmtModify":1631889124900,"author":{"id":"3575863302540813","authorId":"3575863302540813","name":"BigBeef","avatar":"https://static.tigerbbs.com/bab462817cab7b3a5ed25a7a7a74ed1e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575863302540813","authorIdStr":"3575863302540813"},"themes":[],"htmlText":"EVs are good!","listText":"EVs are good!","text":"EVs are good!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/100159438","repostId":"1172537167","repostType":4,"isVote":1,"tweetType":1,"viewCount":367,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":890446423,"gmtCreate":1628130295462,"gmtModify":1631885566894,"author":{"id":"3575863302540813","authorId":"3575863302540813","name":"BigBeef","avatar":"https://static.tigerbbs.com/bab462817cab7b3a5ed25a7a7a74ed1e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575863302540813","idStr":"3575863302540813"},"themes":[],"htmlText":"Hope you <a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>apes bought into this. Ahahahahhaa.&nbsp;","listText":"Hope you <a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>apes bought into this. Ahahahahhaa.&nbsp;","text":"Hope you $AMC Entertainment(AMC)$apes bought into this. Ahahahahhaa.","images":[{"img":"https://static.tigerbbs.com/8afcb77ff56762556e5ec4ad80a51e9c","width":"1242","height":"2385"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":13,"repostSize":1,"link":"https://laohu8.com/post/890446423","isVote":1,"tweetType":1,"viewCount":1663,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":374068958,"gmtCreate":1619402728174,"gmtModify":1631889124910,"author":{"id":"3575863302540813","authorId":"3575863302540813","name":"BigBeef","avatar":"https://static.tigerbbs.com/bab462817cab7b3a5ed25a7a7a74ed1e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575863302540813","idStr":"3575863302540813"},"themes":[],"htmlText":"HODL and buy!","listText":"HODL and buy!","text":"HODL and buy!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/374068958","repostId":"1133353722","repostType":4,"isVote":1,"tweetType":1,"viewCount":468,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":103261223,"gmtCreate":1619788188662,"gmtModify":1631889124895,"author":{"id":"3575863302540813","authorId":"3575863302540813","name":"BigBeef","avatar":"https://static.tigerbbs.com/bab462817cab7b3a5ed25a7a7a74ed1e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575863302540813","idStr":"3575863302540813"},"themes":[],"htmlText":"This will always result in a better economy with better infrastructure&nbsp;","listText":"This will always result in a better economy with better infrastructure&nbsp;","text":"This will always result in a better economy with better infrastructure","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/103261223","repostId":"1129215602","repostType":4,"isVote":1,"tweetType":1,"viewCount":698,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":374222850,"gmtCreate":1619449959270,"gmtModify":1631889124905,"author":{"id":"3575863302540813","authorId":"3575863302540813","name":"BigBeef","avatar":"https://static.tigerbbs.com/bab462817cab7b3a5ed25a7a7a74ed1e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575863302540813","idStr":"3575863302540813"},"themes":[],"htmlText":"Tell me your opinion about this news...","listText":"Tell me your opinion about this news...","text":"Tell me your opinion about this news...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/374222850","repostId":"1177659660","repostType":4,"isVote":1,"tweetType":1,"viewCount":416,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":601235730,"gmtCreate":1638533430844,"gmtModify":1638533706135,"author":{"id":"3575863302540813","authorId":"3575863302540813","name":"BigBeef","avatar":"https://static.tigerbbs.com/bab462817cab7b3a5ed25a7a7a74ed1e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575863302540813","idStr":"3575863302540813"},"themes":[],"htmlText":"Customers &gt; shareholders. The fact that this guyeven mentioning a breakup means he doesn’t understand the psyche behind Amazon. Breaking upis going to have a huge dent on their overall customer service.","listText":"Customers &gt; shareholders. The fact that this guyeven mentioning a breakup means he doesn’t understand the psyche behind Amazon. Breaking upis going to have a huge dent on their overall customer service.","text":"Customers > shareholders. The fact that this guyeven mentioning a breakup means he doesn’t understand the psyche behind Amazon. Breaking upis going to have a huge dent on their overall customer service.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/601235730","repostId":"1109890572","repostType":4,"repost":{"id":"1109890572","kind":"news","pubTimestamp":1638531113,"share":"https://www.laohu8.com/m/news/1109890572?lang=zh_CN&edition=full","pubTime":"2021-12-03 19:31","market":"us","language":"en","title":"Investors Need To View Amazon as More Than Just One Business<blockquote>投资者需要将亚马逊视为不仅仅是一家企业</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1109890572","media":"InvestorPlace","summary":"Three different businesses now underpin AMZN stock, each with a different trajectory","content":"<p><div> It’s increasingly clear that Amazon(NASDAQ:AMZN) is not one business but three, each with its own trajectory. AMZN stock is down, though less than 1%, in the last three months. I have suggested ...</p><p><blockquote><div>越来越明显的是，亚马逊（纳斯达克股票代码：AMZN）不是一家企业，而是三家企业，每个企业都有自己的发展轨迹。过去三个月，AMZN股价下跌，但跌幅不到1%。我建议...</div></blockquote></p><p>  <a href=\"https://investorplace.com/2021/12/investors-need-to-view-amzn-stock-as-more-than-just-one-business/\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://investorplace.com/2021/12/investors-need-to-view-amzn-stock-as-more-than-just-one-business/\">网页连接</a></blockquote></p><p></p>","source":"lsy1606302653667","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>Investors Need To View Amazon as More Than Just One Business<blockquote>投资者需要将亚马逊视为不仅仅是一家企业</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\nInvestors Need To View Amazon as More Than Just One Business<blockquote>投资者需要将亚马逊视为不仅仅是一家企业</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">InvestorPlace</strong><span class=\"h-time small\">2021-12-03 19:31</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div> It’s increasingly clear that Amazon(NASDAQ:AMZN) is not one business but three, each with its own trajectory. AMZN stock is down, though less than 1%, in the last three months. I have suggested ...</p><p><blockquote><div>越来越明显的是，亚马逊（纳斯达克股票代码：AMZN）不是一家企业，而是三家企业，每个企业都有自己的发展轨迹。过去三个月，AMZN股价下跌，但跌幅不到1%。我建议...</div></blockquote></p><p>  <a href=\"https://investorplace.com/2021/12/investors-need-to-view-amzn-stock-as-more-than-just-one-business/\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://investorplace.com/2021/12/investors-need-to-view-amzn-stock-as-more-than-just-one-business/\">网页连接</a></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://investorplace.com/2021/12/investors-need-to-view-amzn-stock-as-more-than-just-one-business/\">InvestorPlace</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://investorplace.com/2021/12/investors-need-to-view-amzn-stock-as-more-than-just-one-business/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109890572","content_text":"It’s increasingly clear that Amazon(NASDAQ:AMZN) is not one business but three, each with its own trajectory. AMZN stock is down, though less than 1%, in the last three months.\nI have suggested breaking up the company, rather than waiting for government to do it. In the short run this may or may not increase the market capitalization, now growing at less the a quarter the rate of the S&P 500 index, up 23.4% year-to-date versus Amazon’s 5.54%.\nIn the longer run, however, it would unleash a flood of global innovation, as well as get bureaucrats around the world off its back.\nCloud is Star for AMZN Stock\nIt’s the Amazon Web Services (AWS) cloud that’s the star. “As a computing backbone for many organizations, AWS is on its way to becoming a world computer,”wrote columnist Richard Waters in The Financial Times earlier this week.\nAWS revenue for the first nine months of 2021 grew by 35%, at scale.Operating income for the period came to almost $13.2 billion, or 29% of revenue. That’s nearly 62% of the company’s total operating income.\nAmazon built the cloud to support its store and used the store’s cash flow to support it. But it’s clear that AWS can now handle the $5 billion per quarter load.Alphabet(NASDAQ:GOOGL), remember, is still losing money on Google Cloud.\nSeparating the cloud from the store would make AWS better equipped to tackle Microsoft(NASDAQ:MSFT), whose cloud-based software has made it the world’s second-most valuable company. (It keeps trading the title with Apple(NASDAQ:AAPL).) The value of Amazon Cloud would be small compared with its rival Cloud Czars. But that is an advantage when the antitrust police show up.\nAt its re:Invent conference this week, Amazon is announcing a host of great innovations.The cloud has spawned its own semiconductor design house, which can compete with Nvidia(NASDAQ:NVDA) and Advanced Micro Devices(NASDAQ:AMD).\nThe Network is an Opportunity\nAmazon Prime Video may be the only force that can take on Netflix(NASDAQ:NFLX), with its $284 billion market cap.\nThe success of Squid Game, originally bought by Netflix for Korean audiences, has moved Amazon to hire an executive from ViacomCBS(NASDAQ:VIAC) specifically to curate regional fare.Prime now has 21% of the U.S. streaming market, and I’ve seen shows on it from Italy, Spain, Latin America, India and Russia, just in the last year.\nAt this point, Prime Video could swallow ViacomCBS whole with its $20 billion market cap. As an independent company it might get the opportunity. As part of Amazon, it won’t.\nEverything Store is a Drag\nThe everything store, meanwhile, is becoming a drag on earnings.\nWhile it’s huge, approaching the size of mighty Walmart(NYSE:WMT), it’s also a target.\nUnions still want to organize its workforce. They say it is systematicallyunderreportingcases of COVID-19 among the staff.\nAmazon’s delivery service should be bigger than those of UPS(NYSE:UPS) and FedEx(NYSE:FDX) next year. But Amazon is accused of polluting the air around congested ports.The executive who was overseeing its cashier-free store operations is leaving.The problem of fake reviews just gets worse.\nThe Amazon Marketplace, which represents over half the store’s sales, is now being rolled-up into a few large suppliers. They accuse it of driving up costs to inflate its own profits. It’s a mess that new CEO Andy Jassy, who was running AWS, had no hand in making, and may be unequipped to handle.\nMeanwhile, it’s not clear that those large suppliers even want to align with juggernaut marketplaces, if jewelry maker/retailer Pandora(OTCMKTS:PANDY) is any indication. The Danish firm’s CEO, Alexander Lacik, rejecting the suggestion that he needs Amazon or Farfetch(NYSE:FTCH),said this week, “If you’re a small and unknown brand, marketplaces offer a great opportunity, because they provide you with an audience. I already have an audience.”\nThe Bottom Line\nThe future for AWS is so bright you need shades.\nAll sorts of industries, from finance to healthcare, are moving toward it. New AWS CEO Adam Selipsky notes that only 5-15% of IT spending has yet moved to the cloud.\nMeanwhile,the store’s problems will only grow as it gains a significant share of the retail market. It’s not yet bigger than Walmart but it’s getting close. It’s now seen as the big, evil giant of retailing, which was once Walmart’s province, and which helped slow its growth.\nSeparate the three faces of Amazon and you change this story’s trajectory. You unlock value. You get the government off your back. Like they say at Nike(NYSE:NKE), just do it.","news_type":1,"symbols_score_info":{"AMZN":0.9}},"isVote":1,"tweetType":1,"viewCount":2761,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":604441768,"gmtCreate":1639441721314,"gmtModify":1639441721584,"author":{"id":"3575863302540813","authorId":"3575863302540813","name":"BigBeef","avatar":"https://static.tigerbbs.com/bab462817cab7b3a5ed25a7a7a74ed1e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575863302540813","idStr":"3575863302540813"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>Reverse MOASS lol","listText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>Reverse MOASS lol","text":"$AMC Entertainment(AMC)$Reverse MOASS lol","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/604441768","isVote":1,"tweetType":1,"viewCount":2064,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":887096180,"gmtCreate":1631940195640,"gmtModify":1632805175303,"author":{"id":"3575863302540813","authorId":"3575863302540813","name":"BigBeef","avatar":"https://static.tigerbbs.com/bab462817cab7b3a5ed25a7a7a74ed1e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575863302540813","idStr":"3575863302540813"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a><a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a><a href=\"https://laohu8.com/S/HOOD\">$Robinhood Markets, Inc.(HOOD)$</a>Eh I see all the tinfoil hats screaming for ban of PFOF, but remember that Tiger Brokers and Moomoo uses it too. That is how you get your $1.99 commission.&nbsp;If you really don’t want PFOF, go to POEMs or FSMOne. But I am pretty sure you are crying at the $8 commissions charged&nbsp;there. And of course, it’s more worth it if you got at least six digits to trade everytime. But looking at the losses here, I doubt it. Hahahaha&nbsp;","listText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a><a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a><a href=\"https://laohu8.com/S/HOOD\">$Robinhood Markets, Inc.(HOOD)$</a>Eh I see all the tinfoil hats screaming for ban of PFOF, but remember that Tiger Brokers and Moomoo uses it too. That is how you get your $1.99 commission.&nbsp;If you really don’t want PFOF, go to POEMs or FSMOne. But I am pretty sure you are crying at the $8 commissions charged&nbsp;there. And of course, it’s more worth it if you got at least six digits to trade everytime. But looking at the losses here, I doubt it. Hahahaha&nbsp;","text":"$AMC Entertainment(AMC)$$GameStop(GME)$$Robinhood Markets, Inc.(HOOD)$Eh I see all the tinfoil hats screaming for ban of PFOF, but remember that Tiger Brokers and Moomoo uses it too. That is how you get your $1.99 commission. If you really don’t want PFOF, go to POEMs or FSMOne. But I am pretty sure you are crying at the $8 commissions charged there. And of course, it’s more worth it if you got at least six digits to trade everytime. But looking at the losses here, I doubt it. Hahahaha","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/887096180","isVote":1,"tweetType":1,"viewCount":1854,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":156320519,"gmtCreate":1625196668431,"gmtModify":1631885566907,"author":{"id":"3575863302540813","authorId":"3575863302540813","name":"BigBeef","avatar":"https://static.tigerbbs.com/bab462817cab7b3a5ed25a7a7a74ed1e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575863302540813","idStr":"3575863302540813"},"themes":[],"htmlText":"Well, it’s a rite of passage. If you win, good. If you lose, then maybe it’s time to look at some other long term stocks you won’t lose sleep over.","listText":"Well, it’s a rite of passage. If you win, good. If you lose, then maybe it’s time to look at some other long term stocks you won’t lose sleep over.","text":"Well, it’s a rite of passage. If you win, good. If you lose, then maybe it’s time to look at some other long term stocks you won’t lose sleep over.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/156320519","repostId":"1133090424","repostType":4,"isVote":1,"tweetType":1,"viewCount":586,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":603663569,"gmtCreate":1638406076864,"gmtModify":1638406078580,"author":{"id":"3575863302540813","authorId":"3575863302540813","name":"BigBeef","avatar":"https://static.tigerbbs.com/bab462817cab7b3a5ed25a7a7a74ed1e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575863302540813","idStr":"3575863302540813"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>Where MOASS bro&nbsp;","listText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>Where MOASS bro&nbsp;","text":"$AMC Entertainment(AMC)$Where MOASS bro","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/603663569","isVote":1,"tweetType":1,"viewCount":3630,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}