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- 22c6bfde22c6bfde
  ·2021-08-14
  To the moon
  Tesla seeks to reduce board members’ terms, make other changes in October shareholder meeting
  Board members would serve for two years rather than three Tesla CEO Elon Musk in Germany last year.
  Tesla seeks to reduce board members’ terms, make other changes in October shareholder meeting
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- 22c6bfde22c6bfde
  ·2021-08-13
  Stock only go up
  Disney's recovery ride hinges on Delta as theme parks swing to profit
  (Reuters) - Walt Disney Co's path to a sustained recovery in its theme parks business will rest on o
  Disney's recovery ride hinges on Delta as theme parks swing to profit
  1,829 3
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- 22c6bfde22c6bfde
  ·2021-08-12
  Stock only go up
  非常抱歉，此主贴已删除
  1,332 2
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- 22c6bfde22c6bfde
  ·2021-08-09
  To the moon
  非常抱歉，此主贴已删除
  945 评论
  2
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- 22c6bfde22c6bfde
  ·2021-08-09
  Stock only go up
  非常抱歉，此主贴已删除
  906 1
  4
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- 22c6bfde22c6bfde
  ·2021-08-07
  Stock only go up
  非常抱歉，此主贴已删除
  1,406 4
  7
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- 22c6bfde22c6bfde
  ·2021-08-04
  Stock only go up
  非常抱歉，此主贴已删除
  2,116 1
  5
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- 22c6bfde22c6bfde
  ·2021-08-03
  To the moon
  Robinhood: Why You Need to Understand Payment for Order Flow
  It's a small piece of financial jargon that poses a potentially existential risk to Robinhood's business.
  Robinhood: Why You Need to Understand Payment for Order Flow
  1,592 1
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- 22c6bfde22c6bfde
  ·2021-08-02
  To the moon
  Can Tesla's stock price return to the upward channel?
  Tesla released Q2 earnings and revenues last week that beat analysts' expectations. "In the second q
  Can Tesla's stock price return to the upward channel?
  1,043 2
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- 22c6bfde22c6bfde
  ·2021-08-01
  Stock only go up
  非常抱歉，此主贴已删除
  1,478 2
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the moon","listText":"To the moon","text":"To the moon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/897651044","repostId":"2159321505","repostType":4,"repost":{"id":"2159321505","kind":"highlight","pubTimestamp":1628911811,"share":"https://ttm.financial/m/news/2159321505?lang=&edition=full","pubTime":"2021-08-14 11:30","market":"us","language":"en","title":"Tesla seeks to reduce board members’ terms, make other changes in October shareholder meeting","url":"https://stock-news.laohu8.com/highlight/detail?id=2159321505","media":"MarketWatch","summary":"Board members would serve for two years rather than three\nTesla CEO Elon Musk in Germany last year. ","content":"<p>Board members would serve for two years rather than three</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/abc701f141f0c0044cabe912e510fe2e\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"><span>Tesla CEO Elon Musk in Germany last year. MAJA HITIJ/GETTY IMAGES</span></p>\n<p>Tesla Inc. set its shareholder meeting for Oct. 7 at the Fremont, Calif., factory, with a call for reducing its directors’ terms among the proposals the electric-car maker will bring to the table, the company said in filing late Friday.</p>\n<p>One of the proposals calls for each director’s term to be reduced from three years to two years. Tesla’s&nbsp;board currently has nine members who are divided into three classes in staggered three-year terms.</p>\n<p>If the proposal is approved, however, the board will be divided into two classes with staggered two-year terms, with directors distributed as equally between the classes as possible, Tesla said in the&nbsp;filing.</p>\n<p>The board would be reduced to eight members, since Antonio Gracias, a venture capitalist who has served on the Tesla board since 2007, said in 2019 he’d not be seeking reelection when his term ends this year.</p>\n<p>Tesla’s board nominated current board members James Murdoch, the youngest son of News Corp&nbsp;founder Rupert Murdoch, and Kimbal Musk, Chief Executive Elon Musk’s brother, for re-election as class II directors, with terms expiring in 2024. If the term reduction is approved, then their terms would end in 2023, the company said.</p>\n<p>Tesla’s curtailing board member terms was a response to a shareholder proposal calling to elect each board member for one year.</p>\n<p>The two-year term, however, “strikes a suitable balance to the long-term interests of and nearer-term accountability to our stockholders at this time,” Tesla said.</p>\n<p>Tesla shares were flat in after-hours trading after ending the regular trading day down 0.7%. The stock has gained 1.6% this year, compared with gains of around 19% for the S&amp;P 500 index.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla seeks to reduce board members’ terms, make other changes in October shareholder meeting</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla seeks to reduce board members’ terms, make other changes in October shareholder meeting\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-14 11:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/tesla-seeks-to-reduce-board-terms-in-october-shareholder-meeting-11628888340?mod=newsviewer_click><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Board members would serve for two years rather than three\nTesla CEO Elon Musk in Germany last year. MAJA HITIJ/GETTY IMAGES\nTesla Inc. set its shareholder meeting for Oct. 7 at the Fremont, Calif., ...</p>\n\n<a href=\"https://www.marketwatch.com/story/tesla-seeks-to-reduce-board-terms-in-october-shareholder-meeting-11628888340?mod=newsviewer_click\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.marketwatch.com/story/tesla-seeks-to-reduce-board-terms-in-october-shareholder-meeting-11628888340?mod=newsviewer_click","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2159321505","content_text":"Board members would serve for two years rather than three\nTesla CEO Elon Musk in Germany last year. MAJA HITIJ/GETTY IMAGES\nTesla Inc. set its shareholder meeting for Oct. 7 at the Fremont, Calif., factory, with a call for reducing its directors’ terms among the proposals the electric-car maker will bring to the table, the company said in filing late Friday.\nOne of the proposals calls for each director’s term to be reduced from three years to two years. Tesla’s board currently has nine members who are divided into three classes in staggered three-year terms.\nIf the proposal is approved, however, the board will be divided into two classes with staggered two-year terms, with directors distributed as equally between the classes as possible, Tesla said in the filing.\nThe board would be reduced to eight members, since Antonio Gracias, a venture capitalist who has served on the Tesla board since 2007, said in 2019 he’d not be seeking reelection when his term ends this year.\nTesla’s board nominated current board members James Murdoch, the youngest son of News Corp founder Rupert Murdoch, and Kimbal Musk, Chief Executive Elon Musk’s brother, for re-election as class II directors, with terms expiring in 2024. If the term reduction is approved, then their terms would end in 2023, the company said.\nTesla’s curtailing board member terms was a response to a shareholder proposal calling to elect each board member for one year.\nThe two-year term, however, “strikes a suitable balance to the long-term interests of and nearer-term accountability to our stockholders at this time,” Tesla said.\nTesla shares were flat in after-hours trading after ending the regular trading day down 0.7%. The stock has gained 1.6% this year, compared with gains of around 19% for the S&P 500 index.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":1530,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":897022056,"gmtCreate":1628863931875,"gmtModify":1631891103075,"author":{"id":"3553503525683940","authorId":"3553503525683940","name":"22c6bfde","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3553503525683940","authorIdStr":"3553503525683940"},"themes":[],"htmlText":"Stock only go up","listText":"Stock only go up","text":"Stock only go up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/897022056","repostId":"1180197043","repostType":4,"repost":{"id":"1180197043","kind":"news","pubTimestamp":1628862584,"share":"https://ttm.financial/m/news/1180197043?lang=&edition=full","pubTime":"2021-08-13 21:49","market":"us","language":"en","title":"Disney's recovery ride hinges on Delta as theme parks swing to profit","url":"https://stock-news.laohu8.com/highlight/detail?id=1180197043","media":"Reuters","summary":"(Reuters) - Walt Disney Co's path to a sustained recovery in its theme parks business will rest on o","content":"<p>(Reuters) - Walt Disney Co's path to a sustained recovery in its theme parks business will rest on one question: Can the entertainment giant keep its parks open for the rest of the year?</p>\n<p>Disney's chief financial officer, Christine McCarthy, said on Thursday the company's theme parks were expected to be fully staffed by the end of this year to cater to the rising demand.</p>\n<p>Those plans could be upended by the spread of the more infectious Delta variant of the coronavirus, which has been ravaging Florida, home to Disney's biggest park, as well as other U.S. states with lower vaccination rates.</p>\n<p>\"Disney's ability to keep its parks and resorts open is clearly of the utmost importance to their bottom line,\" said Joe McCormack, analyst at Third Bridge.</p>\n<p>\"Whether (parks remain open) will largely be driven by Delta variant.\"</p>\n<p>While the success of the company's video-streaming operations cheered others on Wall Street, some analysts and investors worried about the prospects for the parks.</p>\n<p>\"It is clear that parks will not return to full capacity for some time,\" PP Foresight analyst Paolo Pescatore said.</p>\n<p>For now, Disney executives struck a confident tone and said demand for its parks has not wavered.</p>\n<p>\"The primary noise we're seeing right now are really around group or convention cancellations,\" Chief Executive Officer Bob Chapek said. \"But on the whole, we see really strong demand for our parks.\"</p>\n<p>Disney shares rose 4.7% to $187.69 in premarket trading on Friday, after upbeat third-quarter results prompted at least six brokerage groups to raise their price targets on the stock.</p>\n<p>The virus has also had varying impact on the domestic and international businesses of theme park operators.</p>\n<p>One big factor weighing against a full recovery is the deterioration of international air travel, experts said.</p>\n<p>\"That could hold back attendance at parks – particularly international parks like Paris and Hong Kong that rely on cross-border travel,\" said Nicholas Hyett, analyst at Hargreaves Lansdown.</p>\n<p>Disney, Comcast and Six Flags have been upbeat about their domestic businesses but offered a cautious view on their international operations, which depend heavily on tourist inflows.</p>\n<p>Airbnb Inc and Southwest Airlines both warned this week that the spreading of the delta variant could hit their operations.</p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Disney's recovery ride hinges on Delta as theme parks swing to profit</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDisney's recovery ride hinges on Delta as theme parks swing to profit\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-13 21:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/disneys-recovery-ride-hinges-delta-134354429.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - Walt Disney Co's path to a sustained recovery in its theme parks business will rest on one question: Can the entertainment giant keep its parks open for the rest of the year?\nDisney's ...</p>\n\n<a href=\"https://finance.yahoo.com/news/disneys-recovery-ride-hinges-delta-134354429.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ABNB":"爱彼迎","DIS":"迪士尼"},"source_url":"https://finance.yahoo.com/news/disneys-recovery-ride-hinges-delta-134354429.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180197043","content_text":"(Reuters) - Walt Disney Co's path to a sustained recovery in its theme parks business will rest on one question: Can the entertainment giant keep its parks open for the rest of the year?\nDisney's chief financial officer, Christine McCarthy, said on Thursday the company's theme parks were expected to be fully staffed by the end of this year to cater to the rising demand.\nThose plans could be upended by the spread of the more infectious Delta variant of the coronavirus, which has been ravaging Florida, home to Disney's biggest park, as well as other U.S. states with lower vaccination rates.\n\"Disney's ability to keep its parks and resorts open is clearly of the utmost importance to their bottom line,\" said Joe McCormack, analyst at Third Bridge.\n\"Whether (parks remain open) will largely be driven by Delta variant.\"\nWhile the success of the company's video-streaming operations cheered others on Wall Street, some analysts and investors worried about the prospects for the parks.\n\"It is clear that parks will not return to full capacity for some time,\" PP Foresight analyst Paolo Pescatore said.\nFor now, Disney executives struck a confident tone and said demand for its parks has not wavered.\n\"The primary noise we're seeing right now are really around group or convention cancellations,\" Chief Executive Officer Bob Chapek said. \"But on the whole, we see really strong demand for our parks.\"\nDisney shares rose 4.7% to $187.69 in premarket trading on Friday, after upbeat third-quarter results prompted at least six brokerage groups to raise their price targets on the stock.\nThe virus has also had varying impact on the domestic and international businesses of theme park operators.\nOne big factor weighing against a full recovery is the deterioration of international air travel, experts said.\n\"That could hold back attendance at parks – particularly international parks like Paris and Hong Kong that rely on cross-border travel,\" said Nicholas Hyett, analyst at Hargreaves Lansdown.\nDisney, Comcast and Six Flags have been upbeat about their domestic businesses but offered a cautious view on their international operations, which depend heavily on tourist inflows.\nAirbnb Inc and Southwest Airlines both warned this week that the spreading of the delta variant could hit their operations.","news_type":1,"symbols_score_info":{"ABNB":0.9,"DIS":0.9}},"isVote":1,"tweetType":1,"viewCount":1829,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":895178847,"gmtCreate":1628731134489,"gmtModify":1631891103090,"author":{"id":"3553503525683940","authorId":"3553503525683940","name":"22c6bfde","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3553503525683940","authorIdStr":"3553503525683940"},"themes":[],"htmlText":"Stock only go up","listText":"Stock only go up","text":"Stock only go up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/895178847","repostId":"1146833505","repostType":4,"isVote":1,"tweetType":1,"viewCount":1332,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":898212943,"gmtCreate":1628500091282,"gmtModify":1631891103098,"author":{"id":"3553503525683940","authorId":"3553503525683940","name":"22c6bfde","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3553503525683940","authorIdStr":"3553503525683940"},"themes":[],"htmlText":"To the moon","listText":"To the moon","text":"To the moon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/898212943","repostId":"2157492988","repostType":4,"isVote":1,"tweetType":1,"viewCount":945,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":898216784,"gmtCreate":1628500076948,"gmtModify":1631891103109,"author":{"id":"3553503525683940","authorId":"3553503525683940","name":"22c6bfde","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3553503525683940","authorIdStr":"3553503525683940"},"themes":[],"htmlText":"Stock only go up","listText":"Stock only go up","text":"Stock only go up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/898216784","repostId":"2157492988","repostType":4,"isVote":1,"tweetType":1,"viewCount":906,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":891930331,"gmtCreate":1628314778323,"gmtModify":1631891103121,"author":{"id":"3553503525683940","authorId":"3553503525683940","name":"22c6bfde","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3553503525683940","authorIdStr":"3553503525683940"},"themes":[],"htmlText":"Stock only go up","listText":"Stock only go up","text":"Stock only go up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/891930331","repostId":"1119792130","repostType":4,"isVote":1,"tweetType":1,"viewCount":1406,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":807678492,"gmtCreate":1628036901616,"gmtModify":1631891103134,"author":{"id":"3553503525683940","authorId":"3553503525683940","name":"22c6bfde","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3553503525683940","authorIdStr":"3553503525683940"},"themes":[],"htmlText":"Stock only go up","listText":"Stock only go up","text":"Stock only go up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/807678492","repostId":"2156312793","repostType":4,"isVote":1,"tweetType":1,"viewCount":2116,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":807354238,"gmtCreate":1628002177924,"gmtModify":1631891103145,"author":{"id":"3553503525683940","authorId":"3553503525683940","name":"22c6bfde","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3553503525683940","authorIdStr":"3553503525683940"},"themes":[],"htmlText":"To the moon","listText":"To the moon","text":"To the moon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/807354238","repostId":"2156473129","repostType":4,"repost":{"id":"2156473129","kind":"highlight","pubTimestamp":1628001180,"share":"https://ttm.financial/m/news/2156473129?lang=&edition=full","pubTime":"2021-08-03 22:33","market":"us","language":"en","title":"Robinhood: Why You Need to Understand Payment for Order Flow","url":"https://stock-news.laohu8.com/highlight/detail?id=2156473129","media":"Motley Fool","summary":"It's a small piece of financial jargon that poses a potentially existential risk to Robinhood's business.","content":"<p>If you're a curious observer of <b>Robinhood Markets</b>' (NASDAQ:HOOD) recent initial public offering, you've likely heard the term \"payment for order flow.\" Market pundits continue to debate whether it benefits or harms retail investors.</p>\n<p>Traditional stockbroking models have gone out the window. Brokers used to charge a fee to execute a trade for a client -- nominal in many cases, but higher if there was some advice attached. Now, investors can buy and sell stocks completely free of charge through their smartphones, thanks to a consumer revolution led by Robinhood -- and its reliance on a different revenue source.</p>\n<p>Payment for order flow involves Robinhood selling its customer's market orders to third parties, who execute them and earn fees for doing so, with a portion given to Robinhood as payment for routing the customer's order to that particular third party.</p>\n<p>Put really simply, instead of the customer paying a direct commission, the customer has effectively become the product.</p>\n<p><img src=\"https://static.tigerbbs.com/47a6ac9c1c06da81193b76e20952166c\" tg-width=\"700\" tg-height=\"469\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<h3>How it works</h3>\n<p>Most people with an understanding of the stock market know that when someone purchases shares, there needs to be a willing seller. The two parties use a broker to meet digitally at a stock exchange (like the New York Stock Exchange or the Nasdaq Stock Market), where their transaction is facilitated.</p>\n<p>But times have changed. The chairman of America's market regulator, the Securities and Exchange Commission (SEC), recently noted that only 53% of all customer orders actually go through an exchange. About 38% are handled by wholesalers instead, more formally known as market makers.</p>\n<p>That's where payment for order flow takes center stage.</p>\n<p>Market makers stand ready to buy and sell shares each trading day. They make money by setting the bid-ask spread. Let's say a market maker is willing to buy a share of <b>Apple</b> for $145.50, and it's willing to sell a share for $145.60. The difference of $0.10 (the spread) is its profit.</p>\n<p>When a Robinhood customer places a market order to buy or sell shares of Apple, rather being matched with a seller in the market, they are instead routed to a market maker, because it can be relied on to absorb the transaction in the blink of an eye.</p>\n<p>Market makers can compete with each other for this order flow by lowering spreads -- for example, <a href=\"https://laohu8.com/S/AONE.U\">one</a> might charge a spread of $0.07 instead of $0.10, so the broker would route the order to that firm to get its customer a better price.</p>\n<p>Alternatively, and controversially, market makers can simply pay Robinhood to route its customers' orders to them, partly removing the need to compete. It has drummed up concerns among regulators that retail investors are getting a raw deal when it comes to the pricing and execution of their orders.</p>\n<p>In December 2020, Robinhood paid a $65 million settlement to the SEC after the regulator discovered the practice had deprived customers of $34.1 million, caused by inferior order pricing -- and that's <i>after </i>accounting for customers paying zero commissions.</p>\n<h3>Follow the money</h3>\n<p>Most market making firms are private enterprises, but the publicly traded <b>Virtu Financial</b>&nbsp;offers some insight into just how profitable payment for order flow might be. Although Virtu is not specifically listed as one of the market makers Robinhood routes orders to, it is listed on the New York Stock Exchange website among one of three designated market makers (DMMs).</p>\n<table>\n <thead>\n  <tr>\n   <th><p>Metric</p></th>\n   <th><p>Q1 2021</p></th>\n  </tr>\n </thead>\n <tbody>\n  <tr>\n   <td><p>Brokerage, exchange, clearance fees and payments for order flow, net</p></td>\n   <td><p>$259 million</p></td>\n  </tr>\n  <tr>\n   <td><p>Revenue</p></td>\n   <td><p>$1.01 billion</p></td>\n  </tr>\n </tbody>\n</table>\n<p>Data source: Virtu Financial.</p>\n<p>Virtu lumps the expense in with other related costs, but the $259 million it spent in that category (in a single quarter) made up almost half of its entire operating expenses. Plus, it's growing -- it spent 49% more on this line item in Q1 2021 than it did in the same quarter last year.</p>\n<p>For the full year 2020, Virtu spent $758 million on the brokerage, exchange, clearance fees and payments for order flow expense -- a number it seems sure to top in 2021 given Q1 numbers.</p>\n<h3>Investor takeaway</h3>\n<p>Payment for order flow is practically the beginning and end of Robinhood's business, at least financially. In 2020, at least 75% of the company's $958 million in revenue was generated from the controversial practice. In the first quarter of 2021, it jumped to 81% of total revenue.</p>\n<p>Suffice to say, concentrating so much of the business on an activity regulators are so intensely scrutinizing presents an unparalleled risk to shareholders. Among the SEC's concerns is that retail investors are perceiving their experience as free, when in fact they're being charged fees they can't see in the form of paying a worse price for the shares they're buying.</p>\n<p>To make matters worse, the SEC has outlined concerns about \"gamified\" investment platforms that encourage clients to trade by using appealing visual graphics. These features in part have fueled investor appetite for \"meme stocks\" like <b>GameStop</b>&nbsp;and <b>AMC Entertainment</b>, and the SEC says they contribute to worse outcomes for clients. The surge in both of these stocks (based on no real fundamental reason) was synonymous with the Robinhood platform.</p>\n<p>Robinhood can be praised for bringing a wave of new, younger investors into the financial markets, and that's a long-term positive. But its main source of revenue isn't a legal practice in places like the United Kingdom, and the European Union has issued a warning to brokers, saying that accepting payments for order flow is not compatible with rules that put client needs first.</p>\n<p>Investors considering a long-term position in Robinhood might want to weigh up the risks against the company's growth prospects, since for now it looks like they are confined to the U.S. -- and even that's not a guarantee.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Robinhood: Why You Need to Understand Payment for Order Flow</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRobinhood: Why You Need to Understand Payment for Order Flow\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-03 22:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/08/03/robinhood-understand-payment-for-order-flow/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>If you're a curious observer of Robinhood Markets' (NASDAQ:HOOD) recent initial public offering, you've likely heard the term \"payment for order flow.\" Market pundits continue to debate whether it ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/08/03/robinhood-understand-payment-for-order-flow/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HOOD":"Robinhood"},"source_url":"https://www.fool.com/investing/2021/08/03/robinhood-understand-payment-for-order-flow/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2156473129","content_text":"If you're a curious observer of Robinhood Markets' (NASDAQ:HOOD) recent initial public offering, you've likely heard the term \"payment for order flow.\" Market pundits continue to debate whether it benefits or harms retail investors.\nTraditional stockbroking models have gone out the window. Brokers used to charge a fee to execute a trade for a client -- nominal in many cases, but higher if there was some advice attached. Now, investors can buy and sell stocks completely free of charge through their smartphones, thanks to a consumer revolution led by Robinhood -- and its reliance on a different revenue source.\nPayment for order flow involves Robinhood selling its customer's market orders to third parties, who execute them and earn fees for doing so, with a portion given to Robinhood as payment for routing the customer's order to that particular third party.\nPut really simply, instead of the customer paying a direct commission, the customer has effectively become the product.\n\nImage source: Getty Images.\nHow it works\nMost people with an understanding of the stock market know that when someone purchases shares, there needs to be a willing seller. The two parties use a broker to meet digitally at a stock exchange (like the New York Stock Exchange or the Nasdaq Stock Market), where their transaction is facilitated.\nBut times have changed. The chairman of America's market regulator, the Securities and Exchange Commission (SEC), recently noted that only 53% of all customer orders actually go through an exchange. About 38% are handled by wholesalers instead, more formally known as market makers.\nThat's where payment for order flow takes center stage.\nMarket makers stand ready to buy and sell shares each trading day. They make money by setting the bid-ask spread. Let's say a market maker is willing to buy a share of Apple for $145.50, and it's willing to sell a share for $145.60. The difference of $0.10 (the spread) is its profit.\nWhen a Robinhood customer places a market order to buy or sell shares of Apple, rather being matched with a seller in the market, they are instead routed to a market maker, because it can be relied on to absorb the transaction in the blink of an eye.\nMarket makers can compete with each other for this order flow by lowering spreads -- for example, one might charge a spread of $0.07 instead of $0.10, so the broker would route the order to that firm to get its customer a better price.\nAlternatively, and controversially, market makers can simply pay Robinhood to route its customers' orders to them, partly removing the need to compete. It has drummed up concerns among regulators that retail investors are getting a raw deal when it comes to the pricing and execution of their orders.\nIn December 2020, Robinhood paid a $65 million settlement to the SEC after the regulator discovered the practice had deprived customers of $34.1 million, caused by inferior order pricing -- and that's after accounting for customers paying zero commissions.\nFollow the money\nMost market making firms are private enterprises, but the publicly traded Virtu Financial offers some insight into just how profitable payment for order flow might be. Although Virtu is not specifically listed as one of the market makers Robinhood routes orders to, it is listed on the New York Stock Exchange website among one of three designated market makers (DMMs).\n\n\n\nMetric\nQ1 2021\n\n\n\n\nBrokerage, exchange, clearance fees and payments for order flow, net\n$259 million\n\n\nRevenue\n$1.01 billion\n\n\n\nData source: Virtu Financial.\nVirtu lumps the expense in with other related costs, but the $259 million it spent in that category (in a single quarter) made up almost half of its entire operating expenses. Plus, it's growing -- it spent 49% more on this line item in Q1 2021 than it did in the same quarter last year.\nFor the full year 2020, Virtu spent $758 million on the brokerage, exchange, clearance fees and payments for order flow expense -- a number it seems sure to top in 2021 given Q1 numbers.\nInvestor takeaway\nPayment for order flow is practically the beginning and end of Robinhood's business, at least financially. In 2020, at least 75% of the company's $958 million in revenue was generated from the controversial practice. In the first quarter of 2021, it jumped to 81% of total revenue.\nSuffice to say, concentrating so much of the business on an activity regulators are so intensely scrutinizing presents an unparalleled risk to shareholders. Among the SEC's concerns is that retail investors are perceiving their experience as free, when in fact they're being charged fees they can't see in the form of paying a worse price for the shares they're buying.\nTo make matters worse, the SEC has outlined concerns about \"gamified\" investment platforms that encourage clients to trade by using appealing visual graphics. These features in part have fueled investor appetite for \"meme stocks\" like GameStop and AMC Entertainment, and the SEC says they contribute to worse outcomes for clients. The surge in both of these stocks (based on no real fundamental reason) was synonymous with the Robinhood platform.\nRobinhood can be praised for bringing a wave of new, younger investors into the financial markets, and that's a long-term positive. But its main source of revenue isn't a legal practice in places like the United Kingdom, and the European Union has issued a warning to brokers, saying that accepting payments for order flow is not compatible with rules that put client needs first.\nInvestors considering a long-term position in Robinhood might want to weigh up the risks against the company's growth prospects, since for now it looks like they are confined to the U.S. -- and even that's not a guarantee.","news_type":1,"symbols_score_info":{"HOOD":0.9}},"isVote":1,"tweetType":1,"viewCount":1592,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":805451971,"gmtCreate":1627901670193,"gmtModify":1631891103157,"author":{"id":"3553503525683940","authorId":"3553503525683940","name":"22c6bfde","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3553503525683940","authorIdStr":"3553503525683940"},"themes":[],"htmlText":"To the moon","listText":"To the moon","text":"To the moon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/805451971","repostId":"1131923658","repostType":4,"repost":{"id":"1131923658","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1627898076,"share":"https://ttm.financial/m/news/1131923658?lang=&edition=full","pubTime":"2021-08-02 17:54","market":"us","language":"en","title":"Can Tesla's stock price return to the upward channel?","url":"https://stock-news.laohu8.com/highlight/detail?id=1131923658","media":"Tiger Newspress","summary":"Tesla released Q2 earnings and revenues last week that beat analysts' expectations.\n\"In the second q","content":"<p>Tesla released Q2 earnings and revenues last week that beat analysts' expectations.</p>\n<p>\"In the second quarter of 2021, we broke new and notable records,\" said Tesla in the company's second-quarter update. \"We produced and delivered over 200,000 vehicles, achieved an operating margin of 11% and exceeded [$1 billion] of GAAP net income for the first time in our history.\"</p>\n<p>Here's a closer look at the quarter, captured by five must-see takeaways from the report.</p>\n<p><b>1. Revenue hit $12 billion</b></p>\n<p>Helped by a 121% year-over-year increase in vehicle deliveries, Tesla's revenue surged 98% year over year to approximately $12 billion. This crushed analysts' average forecast for revenue of $11.3 billion.</p>\n<p><b>2. Profits skyrocketed</b></p>\n<p>Of course, with revenue like this, it wasn't surprising to see profits soar. Net income increased from $104 million in the year-ago period to $1.14 billion. Non-GAAP (adjusted) net income increased 258% year over year to $1.6 billion. This translated to non-GAAP earnings per share of $1.45 -- far ahead of a consensus analyst estimate of $0.98.</p>\n<p>The outsized growth in Tesla's profits demonstrates the scalability of the company's business model.</p>\n<p><b>3. Free cash flow remains healthy</b></p>\n<p>Tesla once again generated positive free cash flow, or cash flow from operations less capital expenditures. Free cash flow for the period increased from $418 million in the year-ago period to $619 million.</p>\n<p>Total cash on hand fell from $17.1 billion in the first quarter of 2021 to $16.2 billion but this was primarily due to $1.6 billion in net debt and finance lease repayments.</p>\n<p><b>4. Vehicle demand is robust</b></p>\n<p>Tesla once again said demand for its vehicles achieved record levels. Indeed, demand is so robust that the company is supply constrained. \"Global demand continues to be robust, and we are producing at the limits of available parts supply,\" Tesla explained.</p>\n<p><b>5. There's more sharp growth to come</b></p>\n<p>Importantly, Tesla remains optimistic about its growth trajectory. The company says it continues to expect to grow its total deliveries more than 50% year over year this year. This implies 2021 total deliveries of more than 750,000. So far, Tesla has delivered more than 386,000 vehicles this year.</p>\n<p>\"The rate of growth will depend on our equipment capacity, operational efficiency, and the capacity and stability of the supply chain,\" Tesla noted.</p>\n<h4>Four Challenges to Tesla’s Growth</h4>\n<p>However,investors are concerned with several factors that may slow Tesla's feverish share price growth soon.</p>\n<p><b>High Valuation</b></p>\n<p>Wall Street is an efficient market, discounting good news and bad news on listed companies. As a result, shares are run-up ahead of good news and sold-off ahead of bad news. Sometimes, Mr. Market—to use Benjamin Graham's terminology—is too optimistic, sending the shares of listed companies well above their fundamental or intrinsic value. Other times, Mr. Market is too pessimistic, sending shares of listed companies well below their intrinsic value.</p>\n<p>Tesla's shares are overvalued by many standards. TipRanks, for instance, estimates Tesla's 12-month-trailing return on equity to be a modest 12.41%, while estimates put Tesla's intrinsic value at $160.11, well below its current price level.</p>\n<p><b>Competition from Colonizers</b></p>\n<p>Once, Tesla had little competition, as the electric vehicle (EV) market it pioneered had little competition from traditional automakers. However, that's no longer the case, as General Motors, Ford, Volkswagen, and Toyota are invading the electric market.</p>\n<p>These \"colonizers\" of the EV market have the manufacturing experience, expertise, and distribution networks to scale up EV production and cross the \"tipping point\" of bringing EVs to the masses. Meanwhile, the entry of new competitors into the EV market could unleash price competition that will erode Tesla's revenue growth and profit margins. That's something Wall Street is watching closely in quarterly financial statements.</p>\n<p><b>Bitcoin Exposure</b></p>\n<p>Tesla's CEO Elon Musk has an affinity for bitcoin. That's why he has been investing some of the company's cash in digital currency. As of the end of March, Tesla's $1.5 billion investment was worth $2.48 billion, based on the surge in bitcoin in the first quarter. However, that has its risks, too, given bitcoin's volatility.</p>\n<p>Adding to bitcoin's volatility are accounting rules that treat the digital currency as an indefinite-lived intangible asset. Thus, it is subject to impairment losses if its fair value decreases below the carrying value during the assessed reporting period. Companies cannot recover impairment losses for any subsequent increase in fair value until the asset's sale. Tesla reported bitcoin-related impairments of $23 million in Q2 as the price of digital currency dived.</p>\n<p><b>Rising Material Costs</b></p>\n<p>Together with traditional automobile makers, Tesla faces a severe material shortage due to supply chain disruptions during the COVID-19 pandemic, which is expected to slow down the pace of its feverish growth.</p>\n<p>\"While we're making cars at full speed, the global chip shortage situation remains quite serious,\" Musk told investors. \"For the rest of this year, our growth rates will be determined by the slowest part in our supply chain,\" adding that there are a wide range of chips that will serve as that brake on growth.</p>\n<h4>Mixed reviews from Wall Street</h4>\n<p>Needham analyst Rajvindra Gill said Tesla shares are already priced to perfection, which could explain the stock’s weakness on Tuesday.</p>\n<p>“Tesla's ‘priced to perfection’ valuation is hard for us to justify, even with more positive recent Results,” Gill wrote.</p>\n<p>Morgan Stanley analyst Adam Jonas said the quarter likely didn’t change the narrative for bulls or bears, and Tesla is still not a value stock priced at an enterprise multiple of 70x.</p>\n<p>“Tesla is not only among the fastest growing auto companies in the world, it is also one of the most profitable,” Jonas wrote.</p>\n<p>Wells Fargo analyst Colin Langan said auto gross margins were impressive, but they may not last.</p>\n<p>“We see auto margins moderating in Q3/Q4 due to rising raw mat costs and mix dilution as the lower priced Model Y SR launches in China,” Langran wrote.</p>\n<p>John Murphy with B. of A. Securities struck a more cautious tone. Despite the beat, \"competition is fierce and heating up,\" he said. \"(Tesla's) operating environment is shifting from that of a vacuum to an increasingly crowded space.\"</p>\n<p>The quarterly beat was \"very much helped by positive pricing dynamics and good execution,\" and Murphy raised his price target on the stock to $800 from $750, which represents an upside around 26% from Tuesday's prices. He kept B. of A.'s neutral rating on the stock.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Can Tesla's stock price return to the upward channel?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCan Tesla's stock price return to the upward channel?\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-08-02 17:54</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Tesla released Q2 earnings and revenues last week that beat analysts' expectations.</p>\n<p>\"In the second quarter of 2021, we broke new and notable records,\" said Tesla in the company's second-quarter update. \"We produced and delivered over 200,000 vehicles, achieved an operating margin of 11% and exceeded [$1 billion] of GAAP net income for the first time in our history.\"</p>\n<p>Here's a closer look at the quarter, captured by five must-see takeaways from the report.</p>\n<p><b>1. Revenue hit $12 billion</b></p>\n<p>Helped by a 121% year-over-year increase in vehicle deliveries, Tesla's revenue surged 98% year over year to approximately $12 billion. This crushed analysts' average forecast for revenue of $11.3 billion.</p>\n<p><b>2. Profits skyrocketed</b></p>\n<p>Of course, with revenue like this, it wasn't surprising to see profits soar. Net income increased from $104 million in the year-ago period to $1.14 billion. Non-GAAP (adjusted) net income increased 258% year over year to $1.6 billion. This translated to non-GAAP earnings per share of $1.45 -- far ahead of a consensus analyst estimate of $0.98.</p>\n<p>The outsized growth in Tesla's profits demonstrates the scalability of the company's business model.</p>\n<p><b>3. Free cash flow remains healthy</b></p>\n<p>Tesla once again generated positive free cash flow, or cash flow from operations less capital expenditures. Free cash flow for the period increased from $418 million in the year-ago period to $619 million.</p>\n<p>Total cash on hand fell from $17.1 billion in the first quarter of 2021 to $16.2 billion but this was primarily due to $1.6 billion in net debt and finance lease repayments.</p>\n<p><b>4. Vehicle demand is robust</b></p>\n<p>Tesla once again said demand for its vehicles achieved record levels. Indeed, demand is so robust that the company is supply constrained. \"Global demand continues to be robust, and we are producing at the limits of available parts supply,\" Tesla explained.</p>\n<p><b>5. There's more sharp growth to come</b></p>\n<p>Importantly, Tesla remains optimistic about its growth trajectory. The company says it continues to expect to grow its total deliveries more than 50% year over year this year. This implies 2021 total deliveries of more than 750,000. So far, Tesla has delivered more than 386,000 vehicles this year.</p>\n<p>\"The rate of growth will depend on our equipment capacity, operational efficiency, and the capacity and stability of the supply chain,\" Tesla noted.</p>\n<h4>Four Challenges to Tesla’s Growth</h4>\n<p>However,investors are concerned with several factors that may slow Tesla's feverish share price growth soon.</p>\n<p><b>High Valuation</b></p>\n<p>Wall Street is an efficient market, discounting good news and bad news on listed companies. As a result, shares are run-up ahead of good news and sold-off ahead of bad news. Sometimes, Mr. Market—to use Benjamin Graham's terminology—is too optimistic, sending the shares of listed companies well above their fundamental or intrinsic value. Other times, Mr. Market is too pessimistic, sending shares of listed companies well below their intrinsic value.</p>\n<p>Tesla's shares are overvalued by many standards. TipRanks, for instance, estimates Tesla's 12-month-trailing return on equity to be a modest 12.41%, while estimates put Tesla's intrinsic value at $160.11, well below its current price level.</p>\n<p><b>Competition from Colonizers</b></p>\n<p>Once, Tesla had little competition, as the electric vehicle (EV) market it pioneered had little competition from traditional automakers. However, that's no longer the case, as General Motors, Ford, Volkswagen, and Toyota are invading the electric market.</p>\n<p>These \"colonizers\" of the EV market have the manufacturing experience, expertise, and distribution networks to scale up EV production and cross the \"tipping point\" of bringing EVs to the masses. Meanwhile, the entry of new competitors into the EV market could unleash price competition that will erode Tesla's revenue growth and profit margins. That's something Wall Street is watching closely in quarterly financial statements.</p>\n<p><b>Bitcoin Exposure</b></p>\n<p>Tesla's CEO Elon Musk has an affinity for bitcoin. That's why he has been investing some of the company's cash in digital currency. As of the end of March, Tesla's $1.5 billion investment was worth $2.48 billion, based on the surge in bitcoin in the first quarter. However, that has its risks, too, given bitcoin's volatility.</p>\n<p>Adding to bitcoin's volatility are accounting rules that treat the digital currency as an indefinite-lived intangible asset. Thus, it is subject to impairment losses if its fair value decreases below the carrying value during the assessed reporting period. Companies cannot recover impairment losses for any subsequent increase in fair value until the asset's sale. Tesla reported bitcoin-related impairments of $23 million in Q2 as the price of digital currency dived.</p>\n<p><b>Rising Material Costs</b></p>\n<p>Together with traditional automobile makers, Tesla faces a severe material shortage due to supply chain disruptions during the COVID-19 pandemic, which is expected to slow down the pace of its feverish growth.</p>\n<p>\"While we're making cars at full speed, the global chip shortage situation remains quite serious,\" Musk told investors. \"For the rest of this year, our growth rates will be determined by the slowest part in our supply chain,\" adding that there are a wide range of chips that will serve as that brake on growth.</p>\n<h4>Mixed reviews from Wall Street</h4>\n<p>Needham analyst Rajvindra Gill said Tesla shares are already priced to perfection, which could explain the stock’s weakness on Tuesday.</p>\n<p>“Tesla's ‘priced to perfection’ valuation is hard for us to justify, even with more positive recent Results,” Gill wrote.</p>\n<p>Morgan Stanley analyst Adam Jonas said the quarter likely didn’t change the narrative for bulls or bears, and Tesla is still not a value stock priced at an enterprise multiple of 70x.</p>\n<p>“Tesla is not only among the fastest growing auto companies in the world, it is also one of the most profitable,” Jonas wrote.</p>\n<p>Wells Fargo analyst Colin Langan said auto gross margins were impressive, but they may not last.</p>\n<p>“We see auto margins moderating in Q3/Q4 due to rising raw mat costs and mix dilution as the lower priced Model Y SR launches in China,” Langran wrote.</p>\n<p>John Murphy with B. of A. Securities struck a more cautious tone. Despite the beat, \"competition is fierce and heating up,\" he said. \"(Tesla's) operating environment is shifting from that of a vacuum to an increasingly crowded space.\"</p>\n<p>The quarterly beat was \"very much helped by positive pricing dynamics and good execution,\" and Murphy raised his price target on the stock to $800 from $750, which represents an upside around 26% from Tuesday's prices. He kept B. of A.'s neutral rating on the stock.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1131923658","content_text":"Tesla released Q2 earnings and revenues last week that beat analysts' expectations.\n\"In the second quarter of 2021, we broke new and notable records,\" said Tesla in the company's second-quarter update. \"We produced and delivered over 200,000 vehicles, achieved an operating margin of 11% and exceeded [$1 billion] of GAAP net income for the first time in our history.\"\nHere's a closer look at the quarter, captured by five must-see takeaways from the report.\n1. Revenue hit $12 billion\nHelped by a 121% year-over-year increase in vehicle deliveries, Tesla's revenue surged 98% year over year to approximately $12 billion. This crushed analysts' average forecast for revenue of $11.3 billion.\n2. Profits skyrocketed\nOf course, with revenue like this, it wasn't surprising to see profits soar. Net income increased from $104 million in the year-ago period to $1.14 billion. Non-GAAP (adjusted) net income increased 258% year over year to $1.6 billion. This translated to non-GAAP earnings per share of $1.45 -- far ahead of a consensus analyst estimate of $0.98.\nThe outsized growth in Tesla's profits demonstrates the scalability of the company's business model.\n3. Free cash flow remains healthy\nTesla once again generated positive free cash flow, or cash flow from operations less capital expenditures. Free cash flow for the period increased from $418 million in the year-ago period to $619 million.\nTotal cash on hand fell from $17.1 billion in the first quarter of 2021 to $16.2 billion but this was primarily due to $1.6 billion in net debt and finance lease repayments.\n4. Vehicle demand is robust\nTesla once again said demand for its vehicles achieved record levels. Indeed, demand is so robust that the company is supply constrained. \"Global demand continues to be robust, and we are producing at the limits of available parts supply,\" Tesla explained.\n5. There's more sharp growth to come\nImportantly, Tesla remains optimistic about its growth trajectory. The company says it continues to expect to grow its total deliveries more than 50% year over year this year. This implies 2021 total deliveries of more than 750,000. So far, Tesla has delivered more than 386,000 vehicles this year.\n\"The rate of growth will depend on our equipment capacity, operational efficiency, and the capacity and stability of the supply chain,\" Tesla noted.\nFour Challenges to Tesla’s Growth\nHowever,investors are concerned with several factors that may slow Tesla's feverish share price growth soon.\nHigh Valuation\nWall Street is an efficient market, discounting good news and bad news on listed companies. As a result, shares are run-up ahead of good news and sold-off ahead of bad news. Sometimes, Mr. Market—to use Benjamin Graham's terminology—is too optimistic, sending the shares of listed companies well above their fundamental or intrinsic value. Other times, Mr. Market is too pessimistic, sending shares of listed companies well below their intrinsic value.\nTesla's shares are overvalued by many standards. TipRanks, for instance, estimates Tesla's 12-month-trailing return on equity to be a modest 12.41%, while estimates put Tesla's intrinsic value at $160.11, well below its current price level.\nCompetition from Colonizers\nOnce, Tesla had little competition, as the electric vehicle (EV) market it pioneered had little competition from traditional automakers. However, that's no longer the case, as General Motors, Ford, Volkswagen, and Toyota are invading the electric market.\nThese \"colonizers\" of the EV market have the manufacturing experience, expertise, and distribution networks to scale up EV production and cross the \"tipping point\" of bringing EVs to the masses. Meanwhile, the entry of new competitors into the EV market could unleash price competition that will erode Tesla's revenue growth and profit margins. That's something Wall Street is watching closely in quarterly financial statements.\nBitcoin Exposure\nTesla's CEO Elon Musk has an affinity for bitcoin. That's why he has been investing some of the company's cash in digital currency. As of the end of March, Tesla's $1.5 billion investment was worth $2.48 billion, based on the surge in bitcoin in the first quarter. However, that has its risks, too, given bitcoin's volatility.\nAdding to bitcoin's volatility are accounting rules that treat the digital currency as an indefinite-lived intangible asset. Thus, it is subject to impairment losses if its fair value decreases below the carrying value during the assessed reporting period. Companies cannot recover impairment losses for any subsequent increase in fair value until the asset's sale. Tesla reported bitcoin-related impairments of $23 million in Q2 as the price of digital currency dived.\nRising Material Costs\nTogether with traditional automobile makers, Tesla faces a severe material shortage due to supply chain disruptions during the COVID-19 pandemic, which is expected to slow down the pace of its feverish growth.\n\"While we're making cars at full speed, the global chip shortage situation remains quite serious,\" Musk told investors. \"For the rest of this year, our growth rates will be determined by the slowest part in our supply chain,\" adding that there are a wide range of chips that will serve as that brake on growth.\nMixed reviews from Wall Street\nNeedham analyst Rajvindra Gill said Tesla shares are already priced to perfection, which could explain the stock’s weakness on Tuesday.\n“Tesla's ‘priced to perfection’ valuation is hard for us to justify, even with more positive recent Results,” Gill wrote.\nMorgan Stanley analyst Adam Jonas said the quarter likely didn’t change the narrative for bulls or bears, and Tesla is still not a value stock priced at an enterprise multiple of 70x.\n“Tesla is not only among the fastest growing auto companies in the world, it is also one of the most profitable,” Jonas wrote.\nWells Fargo analyst Colin Langan said auto gross margins were impressive, but they may not last.\n“We see auto margins moderating in Q3/Q4 due to rising raw mat costs and mix dilution as the lower priced Model Y SR launches in China,” Langran wrote.\nJohn Murphy with B. of A. Securities struck a more cautious tone. Despite the beat, \"competition is fierce and heating up,\" he said. \"(Tesla's) operating environment is shifting from that of a vacuum to an increasingly crowded space.\"\nThe quarterly beat was \"very much helped by positive pricing dynamics and good execution,\" and Murphy raised his price target on the stock to $800 from $750, which represents an upside around 26% from Tuesday's prices. He kept B. of A.'s neutral rating on the stock.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":1043,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":805014516,"gmtCreate":1627822607835,"gmtModify":1631891103173,"author":{"id":"3553503525683940","authorId":"3553503525683940","name":"22c6bfde","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3553503525683940","authorIdStr":"3553503525683940"},"themes":[],"htmlText":"Stock only go up","listText":"Stock only go up","text":"Stock only go up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/805014516","repostId":"2155001152","repostType":4,"isVote":1,"tweetType":1,"viewCount":1478,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":false}