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- QqSMQqSM
  ·2021-07-27
  Snap it up!
  Snap Stock: One Of Fastest Growing Social Media Companies
  Summary Snap had a high bar to cross to impress investors. And not only did its Q2 results succeed
  Snap Stock: One Of Fastest Growing Social Media Companies
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- QqSMQqSM
  ·2021-07-27
  Nice analysis. Thanks
  非常抱歉，此主贴已删除
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- QqSMQqSM
  ·2021-07-27
  Place your own bets and blame no one. Like please. Thanks much.
  非常抱歉，此主贴已删除
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- QqSMQqSM
  ·2021-07-23
  Good to know. Like please. Thanks much
  非常抱歉，此主贴已删除
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- QqSMQqSM
  ·2021-07-23
  Phenomenal. Please like. Thanks
  非常抱歉，此主贴已删除
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- QqSMQqSM
  ·2021-07-23
  Good review. Please like. Thanks much
  Asian Markets Mostly Lower Cautious Trade
  Asian stock markets are trading mostly lower on Friday, ignoring the positive cues overnight from Wa
  Asian Markets Mostly Lower Cautious Trade
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- QqSMQqSM
  ·2021-07-23
  Good review. Please like. Thanks much
  非常抱歉，此主贴已删除
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- QqSMQqSM
  ·2021-07-23
  Let’s see what’s next. Please like. Thanks much
  非常抱歉，此主贴已删除
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- QqSMQqSM
  ·2021-07-22
  Great summary. Thanks
  Moderna Joins Top S&P 500 Firms as Stock Value Triples
  (Bloomberg) -- Moderna Inc. joined the S&P 500 on Wednesday as the index’s the best performing stock
  Moderna Joins Top S&P 500 Firms as Stock Value Triples
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- QqSMQqSM
  ·2021-07-22
  Great stuff. Like please
  非常抱歉，此主贴已删除
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And not only did its Q2 results succeed ","content":"<p><b>Summary</b></p>\n<ul>\n <li>Snap had a high bar to cross to impress investors. And not only did its Q2 results succeed but, looking out to its Q3 guidance, its prospects remain very attractive.</li>\n <li>Snap's ARPU in North America was the highlight of its Q2 results.</li>\n <li>Snap is not in the bargain basement. Hence, investors looking to buy at this stage will have to take a buy-and-hold investment strategy.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ce123df394d362ecf57640f1621162e3\" tg-width=\"1536\" tg-height=\"1024\" referrerpolicy=\"no-referrer\"><span>Geber86/E+ via Getty Images</span></p>\n<p><b>Investment Thesis</b></p>\n<p>Snap (SNAP) reported yet another impressive result and Q3 2021 guidance. And as we dig into its results, there are no obvious blemishes in the report. Snap continues growing its top line revenues at very strong rates, while its bottom line EBITDA growth is even more impressive.</p>\n<p>At 29x forward sales, the stock is not cheap. And investors considering this investment opportunity will have to adopt a very&nbsp;<i>strong-willed buy-and-hold investment strategy</i>. Because at this valuation, the stock is already pricing in a lot of future growth.</p>\n<p><b>Revenue Growth Rates Are Incredibly Strong</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/72843b7d7a6cc562b484e25eac7cacbe\" tg-width=\"640\" tg-height=\"285\" referrerpolicy=\"no-referrer\"><span>Source: author's calculations; **high-end guidance</span></p>\n<p>Q2 2021 was always going to look strong given just how weak the advertising industry found itself in the same period a year ago. Thus, Snap shareholders were clearly expecting a lot. But to see Snap come out with more than triple digits y/y revenue growth rates? That was particularly stunning.</p>\n<p>Previously, I had noted that investors should look beyond&nbsp;Snap's maturing MAUs in North America, and look towards its International opportunity as its next wave of growth opportunities.</p>\n<p>However, even though its overseas revenues were strong, the real driver of Snap's returns come from the pricing power of its North America users:</p>\n<p><img src=\"https://static.tigerbbs.com/95aca2444a479c7dc060c03d6bf0cec3\" tg-width=\"640\" tg-height=\"126\" referrerpolicy=\"no-referrer\"></p>\n<p>In the table above, I've stripped out all the other details for us to focus our discussions around Snap's Average Revenue Per User (\"ARPU\"). As you can see, pricing in North America was the real driver of revenues, with ARPU up 116% y/y. Why is this important?</p>\n<p>It's important because it shows that, even on the back of just 6% y/y growth in DAUs in North America, advertisers are eager to reach out and connect with Snap's young demographic and pay up for that opportunity.</p>\n<p><b>Could Spectacles be the Next Wave of Growth for Snap?</b></p>\n<p>For some time, Snap has been making investors aware that it's moving beyond just a social media platform and that it's now looking to take its Augmented Reality technology and deploy it into hardware.</p>\n<p>At first, this was met with investor skepticism. After all, Snap was taking an asset-light and lucrative business and pivoting towards a hardware revenue business, with lower margins.</p>\n<p>Indeed, it didn't make much sense why Snap would make such a move. Particularly given that Snap had, without any hardware investment, grown very successfully and built the necessary technology to spring off other manufacturers' capital investment into a business with nearly $4.5 billion in run-rate revenues as of Q4 2021.</p>\n<p>Having said that, Snap asserts that by further developing its&nbsp;Spectacles business unit, users can not only create more immersive content, but they will have access to other uses as well.</p>\n<p>For instance, by using Spectacles, users can use AR try-on technology to emulate a physical shopping experience and get clothing with the right fit and the right size, to reduce the need for online returns.</p>\n<p>The underlying idea is to increase user engagement and build an increased digital inventory of the users' life journeys. Other uses could be to increase the personalization of an online shopping experience.</p>\n<p>This is something that is likely to resonate strongly with Snap's young demographic and offers Snap an opportunity to differentiate itself against other players in this space.</p>\n<p>While Snap is quick to note that this is not yet a fully-fledged solution, it's nevertheless a way to improve shoppers' online experience by making visualization personal and as close to real as possible.</p>\n<p><i>Hence, the question investors have to answer is whether this is all already priced in or if there's still more upside potential?</i></p>\n<p><b>SNAP Stock Valuation: Not Cheap</b></p>\n<p>Snap is valued at approximately 29x forward sales. If we compare with Pinterest (PINS), which trades at approximately 19x forward sales, this reminds readers that a lot of excitement, optimism, expectation, and positive sentiment is evidently priced into Snap.</p>\n<p>On the other hand, shareholders may be quick to remark that even if Snap is richly valued, high quality and rapidly growing businesses rarely trade in the bargain basement -- particularly towards the end of a very long bull market.</p>\n<p>Moreover, keep in mind that Snap is now signaling to investors that its multi-year investments are now paying fruit and this now marks the third quarter of adjusted EBITDA profitability over its trailing twelve months.</p>\n<p>Hence, if Snap's Q2 2021's 116% top line appears strong and caught many headlines, then Snap's adjusted EBITDA growth of more than 200% looks even better.</p>\n<p>What's more, as we look out to its guidance next quarter, its bottom line EBITDA is expected to once again posttriple digits EBITDA growth y/y.</p>\n<p><b>Premortem (Investment Risks)</b></p>\n<p>Arguably, the single bearish consideration is that Snap's valuation doesn't offer investors much room for error. Not only does it trade more expensively than other social platforms, but it's also clearly a richly valued stock.</p>\n<p>To this end, we see that investors pricing a lot of optimism that Snap will continue to positively surprise investors. Consequently, any mishaps during any quarter, when a stock is so richly priced, leaves the stock primed for a meaningful sell-off.</p>\n<p>Next, the bulk of investor thesis is to a large extent contingent on Snap's DAUs continuing to steadily increase. What's more, Q2 2021 marked just a mid-single-digit increase in DAUs in North America.</p>\n<p><img src=\"https://static.tigerbbs.com/cab82b3b3570378165d43957bf0e925c\" tg-width=\"640\" tg-height=\"65\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>If we look back to H1 2019 (pre-COVID), Snap's DAU growth was approximately compared with the same period in the prior year. This is an undeniable reminder that Snap's DAU growth had previously flattened and that it's entirely possible that it may flatten down once again. If that were to happen, investors would not regard Snap as a high growth name, and the number of investors that would be willing to pay for the stock would decrease.</p>\n<p><b>The Bottom Line: Is SNAP A Good Buy?</b></p>\n<p>Even though Snap is not a cheap stock, Snap continues to demonstrate that its revenue growth rates remain incredibly strong.</p>\n<p>While there's a lot to like in Snap's investment, I will sit out this opportunity as I prefer to invest in companies where the outlook is not as rosy, but the valuation is dramatically cheaper.</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>Snap Stock: One Of Fastest Growing Social Media Companies</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\">\nSnap Stock: One Of Fastest Growing Social Media Companies\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-27 19:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4441412-snap-one-of-fastest-growing-social-media-companies><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nSnap had a high bar to cross to impress investors. And not only did its Q2 results succeed but, looking out to its Q3 guidance, its prospects remain very attractive.\nSnap's ARPU in North ...</p>\n\n<a href=\"https://seekingalpha.com/article/4441412-snap-one-of-fastest-growing-social-media-companies\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SNAP":"Snap Inc"},"source_url":"https://seekingalpha.com/article/4441412-snap-one-of-fastest-growing-social-media-companies","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1118738178","content_text":"Summary\n\nSnap had a high bar to cross to impress investors. And not only did its Q2 results succeed but, looking out to its Q3 guidance, its prospects remain very attractive.\nSnap's ARPU in North America was the highlight of its Q2 results.\nSnap is not in the bargain basement. Hence, investors looking to buy at this stage will have to take a buy-and-hold investment strategy.\n\nGeber86/E+ via Getty Images\nInvestment Thesis\nSnap (SNAP) reported yet another impressive result and Q3 2021 guidance. And as we dig into its results, there are no obvious blemishes in the report. Snap continues growing its top line revenues at very strong rates, while its bottom line EBITDA growth is even more impressive.\nAt 29x forward sales, the stock is not cheap. And investors considering this investment opportunity will have to adopt a very strong-willed buy-and-hold investment strategy. Because at this valuation, the stock is already pricing in a lot of future growth.\nRevenue Growth Rates Are Incredibly Strong\nSource: author's calculations; **high-end guidance\nQ2 2021 was always going to look strong given just how weak the advertising industry found itself in the same period a year ago. Thus, Snap shareholders were clearly expecting a lot. But to see Snap come out with more than triple digits y/y revenue growth rates? That was particularly stunning.\nPreviously, I had noted that investors should look beyond Snap's maturing MAUs in North America, and look towards its International opportunity as its next wave of growth opportunities.\nHowever, even though its overseas revenues were strong, the real driver of Snap's returns come from the pricing power of its North America users:\n\nIn the table above, I've stripped out all the other details for us to focus our discussions around Snap's Average Revenue Per User (\"ARPU\"). As you can see, pricing in North America was the real driver of revenues, with ARPU up 116% y/y. Why is this important?\nIt's important because it shows that, even on the back of just 6% y/y growth in DAUs in North America, advertisers are eager to reach out and connect with Snap's young demographic and pay up for that opportunity.\nCould Spectacles be the Next Wave of Growth for Snap?\nFor some time, Snap has been making investors aware that it's moving beyond just a social media platform and that it's now looking to take its Augmented Reality technology and deploy it into hardware.\nAt first, this was met with investor skepticism. After all, Snap was taking an asset-light and lucrative business and pivoting towards a hardware revenue business, with lower margins.\nIndeed, it didn't make much sense why Snap would make such a move. Particularly given that Snap had, without any hardware investment, grown very successfully and built the necessary technology to spring off other manufacturers' capital investment into a business with nearly $4.5 billion in run-rate revenues as of Q4 2021.\nHaving said that, Snap asserts that by further developing its Spectacles business unit, users can not only create more immersive content, but they will have access to other uses as well.\nFor instance, by using Spectacles, users can use AR try-on technology to emulate a physical shopping experience and get clothing with the right fit and the right size, to reduce the need for online returns.\nThe underlying idea is to increase user engagement and build an increased digital inventory of the users' life journeys. Other uses could be to increase the personalization of an online shopping experience.\nThis is something that is likely to resonate strongly with Snap's young demographic and offers Snap an opportunity to differentiate itself against other players in this space.\nWhile Snap is quick to note that this is not yet a fully-fledged solution, it's nevertheless a way to improve shoppers' online experience by making visualization personal and as close to real as possible.\nHence, the question investors have to answer is whether this is all already priced in or if there's still more upside potential?\nSNAP Stock Valuation: Not Cheap\nSnap is valued at approximately 29x forward sales. If we compare with Pinterest (PINS), which trades at approximately 19x forward sales, this reminds readers that a lot of excitement, optimism, expectation, and positive sentiment is evidently priced into Snap.\nOn the other hand, shareholders may be quick to remark that even if Snap is richly valued, high quality and rapidly growing businesses rarely trade in the bargain basement -- particularly towards the end of a very long bull market.\nMoreover, keep in mind that Snap is now signaling to investors that its multi-year investments are now paying fruit and this now marks the third quarter of adjusted EBITDA profitability over its trailing twelve months.\nHence, if Snap's Q2 2021's 116% top line appears strong and caught many headlines, then Snap's adjusted EBITDA growth of more than 200% looks even better.\nWhat's more, as we look out to its guidance next quarter, its bottom line EBITDA is expected to once again posttriple digits EBITDA growth y/y.\nPremortem (Investment Risks)\nArguably, the single bearish consideration is that Snap's valuation doesn't offer investors much room for error. Not only does it trade more expensively than other social platforms, but it's also clearly a richly valued stock.\nTo this end, we see that investors pricing a lot of optimism that Snap will continue to positively surprise investors. Consequently, any mishaps during any quarter, when a stock is so richly priced, leaves the stock primed for a meaningful sell-off.\nNext, the bulk of investor thesis is to a large extent contingent on Snap's DAUs continuing to steadily increase. What's more, Q2 2021 marked just a mid-single-digit increase in DAUs in North America.\n\nIf we look back to H1 2019 (pre-COVID), Snap's DAU growth was approximately compared with the same period in the prior year. This is an undeniable reminder that Snap's DAU growth had previously flattened and that it's entirely possible that it may flatten down once again. If that were to happen, investors would not regard Snap as a high growth name, and the number of investors that would be willing to pay for the stock would decrease.\nThe Bottom Line: Is SNAP A Good Buy?\nEven though Snap is not a cheap stock, Snap continues to demonstrate that its revenue growth rates remain incredibly strong.\nWhile there's a lot to like in Snap's investment, I will sit out this opportunity as I prefer to invest in companies where the outlook is not as rosy, but the valuation is dramatically cheaper.","news_type":1,"symbols_score_info":{"SNAP":0.9}},"isVote":1,"tweetType":1,"viewCount":1498,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":809426222,"gmtCreate":1627388655666,"gmtModify":1633765498766,"author":{"id":"3585797482260363","authorId":"3585797482260363","name":"QqSM","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585797482260363","authorIdStr":"3585797482260363"},"themes":[],"htmlText":"Nice analysis. Thanks","listText":"Nice analysis. Thanks","text":"Nice analysis. Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/809426222","repostId":"1180394633","repostType":4,"isVote":1,"tweetType":1,"viewCount":988,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":809486680,"gmtCreate":1627387307440,"gmtModify":1633765511750,"author":{"id":"3585797482260363","authorId":"3585797482260363","name":"QqSM","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585797482260363","authorIdStr":"3585797482260363"},"themes":[],"htmlText":"Place your own bets and blame no one. Like please. Thanks much.&nbsp;","listText":"Place your own bets and blame no one. Like please. Thanks much.&nbsp;","text":"Place your own bets and blame no one. Like please. Thanks much.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/809486680","repostId":"1154449552","repostType":4,"isVote":1,"tweetType":1,"viewCount":1478,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":175800452,"gmtCreate":1627017870176,"gmtModify":1633768720759,"author":{"id":"3585797482260363","authorId":"3585797482260363","name":"QqSM","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585797482260363","authorIdStr":"3585797482260363"},"themes":[],"htmlText":"Good to know. Like please. Thanks much","listText":"Good to know. Like please. Thanks much","text":"Good to know. Like please. Thanks much","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/175800452","repostId":"2153918609","repostType":4,"isVote":1,"tweetType":1,"viewCount":1491,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":175174705,"gmtCreate":1627017742307,"gmtModify":1633768722391,"author":{"id":"3585797482260363","authorId":"3585797482260363","name":"QqSM","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585797482260363","authorIdStr":"3585797482260363"},"themes":[],"htmlText":"Phenomenal. Please like. Thanks","listText":"Phenomenal. Please like. Thanks","text":"Phenomenal. Please like. Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/175174705","repostId":"2153787206","repostType":4,"isVote":1,"tweetType":1,"viewCount":1260,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":175172731,"gmtCreate":1627017598923,"gmtModify":1633768724290,"author":{"id":"3585797482260363","authorId":"3585797482260363","name":"QqSM","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585797482260363","authorIdStr":"3585797482260363"},"themes":[],"htmlText":"Good review. Please like. Thanks much","listText":"Good review. Please like. Thanks much","text":"Good review. Please like. Thanks much","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/175172731","repostId":"1191333381","repostType":4,"repost":{"id":"1191333381","kind":"news","pubTimestamp":1627012258,"share":"https://www.laohu8.com/m/news/1191333381?lang=&edition=full","pubTime":"2021-07-23 11:50","market":"uk","language":"en","title":"Asian Markets Mostly Lower Cautious Trade","url":"https://stock-news.laohu8.com/highlight/detail?id=1191333381","media":"RTTNews","summary":"Asian stock markets are trading mostly lower on Friday, ignoring the positive cues overnight from Wa","content":"<p>Asian stock&nbsp;markets&nbsp;are trading mostly lower on Friday, ignoring the positive cues overnight from Wall Street, as lingering worries over rising spread of the delta variant of the coronavirus in several parts across the world rendered the mood cautious. The markets are supported mainly by crude oil prices as they continue to recover from the recent selling-off. Asian markets ended mostly higher on Thursday.</p>\n<p>Australian stock market is slightly higher after early losses on Friday, extending the gains in the previous two sessions, with the benchmark S&amp;P/ASX 200 staying just below the 7,400 level, following the positive cues overnight from Wall Street. Traders also remain concerned amid the rapid spread of the highly contagiouscoronavirusvariants in four states and some regional areas, with lockdowns in three of the country's major cities limiting economic activity.</p>\n<p>The benchmark S&amp;P/ASX 200 Index is gaining 9.80 points or 0.13 percent to 7,396.20, after hitting a low of 7,357.00 earlier. The broader All Ordinaries Index is up 14.50 points or 0.19 percent to 7,673.40. Australian markets ended modestly higher on Thursday.</p>\n<p>Among major miners, <a href=\"https://laohu8.com/S/BHP\">BHP Billiton</a> is edging down 0.2 percent, while <a href=\"https://laohu8.com/S/RIO\">Rio Tinto PLC</a> and <a href=\"https://laohu8.com/S/OZMLF\">OZ Minerals Ltd.</a> are losing 0.5 percent each. <a href=\"https://laohu8.com/S/MALRF\">Mineral Resources Ltd.</a> is edging up 0.4 percent. <a href=\"https://laohu8.com/S/FSUGY\">Fortescue Metals Group Ltd</a> is flat.</p>\n<p>Oil stocks are mixed. Oil Search is losing more than 1 percent, while <a href=\"https://laohu8.com/S/WOPEF\">Woodside Petroleum Ltd.</a> and Beach energy are edging down 0.4 percent each. Santos is down almost 2 percent, while Origin Energy is edging up 0.2 percent.</p>\n<p>Among tech stocks, <a href=\"https://laohu8.com/S/XRO.AU\">Xero</a> is gaining almost 2 percent, <a href=\"https://laohu8.com/S/WIGBY\">Wisetech Global</a> is adding almost 1 percent and Appen is up more than 2 percent. Afterpay is rising almost 3 percent.</p>\n<p>Shares in <a href=\"https://laohu8.com/S/Z1P.AU\">Zip</a> are gaining more than 3 percent after reports that the buy now, pay later (BNPL) firm is looking to provide users a chance to trade in cryptocurrencies as it braces for competition from <a href=\"https://laohu8.com/S/AAPL\">Apple</a> and <a href=\"https://laohu8.com/S/PYPL\">PayPal</a>.</p>\n<p>Among the big four banks, National Australia Bank, Commonwealth Bank, ANZ Banking and Westpac are all losing almost 1 percent each.</p>\n<p>Gold miners are mostly lower. Newcrest Mining is edging down 0.1 percent, while Resolute Mining and Gold Road Resources are down more than 2 percent each. <a href=\"https://laohu8.com/S/NST.AU\">Northern Star Resources</a> is losing almost 5 percent, while <a href=\"https://laohu8.com/S/EVN.AU\">Evolution Mining</a> is gaining more than 4 percent.</p>\n<p>In other news, Australian casino operator <a href=\"https://laohu8.com/S/SGR.AU\">Star Entertainment</a> Group has withdrawn a $9 billion merger proposal with beleaguered rival Crown Resorts, on fears that it could lose the main licence to operate its Melbourne casino. Crown Resorts stock is down more than 2 percent.</p>\n<p>In economic news, the services sector in Australia fell hard into contraction territory in July, the latest survey from <a href=\"https://laohu8.com/S/MRKT\">Markit</a> Economics revealed on Friday with a 14-month low services PMI score of 44.2. That's down sharply from 56.8 in June and it moves well beneath the boom-or-bust line of 50 that separates expansion from contraction. The survey also showed that Australia's manufacturing PMI fell from 58.6 in June to 56.8 in July. The composite PMI slumped to 45.2 from 56.7 in the previous month.</p>\n<p>In the currency market, the Aussie dollar is trading at $0.738 on Friday.</p>\n<p>The Japanese stock market is closed for a long weekend on Thursday and Friday for public holidays, with the Tokyo 2020 Olympics opening ceremony on Friday. Japanese shares ended significantly higher on Wednesday.</p>\n<p>In the currency market, the U.S. dollar is trading in the lower 110 yen-range on Friday.</p>\n<p>Elsewhere in Asia, Hong Kong is losing 1 percent, while New Zealand, Indonesia, Malaysia, China and Singapore are all lower by between 0.1 and 0.5 percent each. South Korea is bucking the trend and is up 0.2 percent, while Taiwan is relatively flat.</p>\n<p>On Wall Street, stocks showed a lack of direction over much of the trading day on Thursday before ending the session modestly higher. With the uptick on the day, the major averages extended the rebound seen over the two previous sessions.</p>\n<p>The major averages all finished the day in positive territory but off their highs of the session. The Dow inched up 25.35 points or 0.1 percent to 34,823.35, the Nasdaq rose 52.64 points or 0.4 percent to 14,684.60 and the S&amp;P 500 edged up 8.79 points or 0.2 percent to 4,367.48.</p>\n<p>Meanwhile, the major European markets turned in a mixed performance on the day. While the U.K.'s FTSE 100 Index fell by 0.4 percent, the French CAC 40 Index edged up by 0.3 percent and the German DAX Index climbed by 0.6 percent.</p>\n<p>Crude oil futures settled higher on Thursday, gaining for a third successive day, thanks to reports showing strong gasoline demand and a rebound in distillate fuels. West Texas Intermediate crude oil futures for September ended up $1.61 or 2.3 percent at $71.91 a barrel.</p>","source":"lsy1626938412129","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>Asian Markets Mostly Lower Cautious Trade</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\">\nAsian Markets Mostly Lower Cautious Trade\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-23 11:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.rttnews.com/3211307/asian-markets-mostly-lower-cautious-trade.aspx><strong>RTTNews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Asian stock markets are trading mostly lower on Friday, ignoring the positive cues overnight from Wall Street, as lingering worries over rising spread of the delta variant of the coronavirus in ...</p>\n\n<a href=\"https://www.rttnews.com/3211307/asian-markets-mostly-lower-cautious-trade.aspx\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PYPL":"PayPal","AAPL":"苹果","WIGBY":"Wisetech Global","MALRF":"Mineral Resources Ltd.","BHP":"必和必拓公司","WOPEF":"Woodside Energy Group Ltd.",".UKX.UK":"富时100指数","RIO":"力拓"},"source_url":"https://www.rttnews.com/3211307/asian-markets-mostly-lower-cautious-trade.aspx","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191333381","content_text":"Asian stock markets are trading mostly lower on Friday, ignoring the positive cues overnight from Wall Street, as lingering worries over rising spread of the delta variant of the coronavirus in several parts across the world rendered the mood cautious. The markets are supported mainly by crude oil prices as they continue to recover from the recent selling-off. Asian markets ended mostly higher on Thursday.\nAustralian stock market is slightly higher after early losses on Friday, extending the gains in the previous two sessions, with the benchmark S&P/ASX 200 staying just below the 7,400 level, following the positive cues overnight from Wall Street. Traders also remain concerned amid the rapid spread of the highly contagiouscoronavirusvariants in four states and some regional areas, with lockdowns in three of the country's major cities limiting economic activity.\nThe benchmark S&P/ASX 200 Index is gaining 9.80 points or 0.13 percent to 7,396.20, after hitting a low of 7,357.00 earlier. The broader All Ordinaries Index is up 14.50 points or 0.19 percent to 7,673.40. Australian markets ended modestly higher on Thursday.\nAmong major miners, BHP Billiton is edging down 0.2 percent, while Rio Tinto PLC and OZ Minerals Ltd. are losing 0.5 percent each. Mineral Resources Ltd. is edging up 0.4 percent. Fortescue Metals Group Ltd is flat.\nOil stocks are mixed. Oil Search is losing more than 1 percent, while Woodside Petroleum Ltd. and Beach energy are edging down 0.4 percent each. Santos is down almost 2 percent, while Origin Energy is edging up 0.2 percent.\nAmong tech stocks, Xero is gaining almost 2 percent, Wisetech Global is adding almost 1 percent and Appen is up more than 2 percent. Afterpay is rising almost 3 percent.\nShares in Zip are gaining more than 3 percent after reports that the buy now, pay later (BNPL) firm is looking to provide users a chance to trade in cryptocurrencies as it braces for competition from Apple and PayPal.\nAmong the big four banks, National Australia Bank, Commonwealth Bank, ANZ Banking and Westpac are all losing almost 1 percent each.\nGold miners are mostly lower. Newcrest Mining is edging down 0.1 percent, while Resolute Mining and Gold Road Resources are down more than 2 percent each. Northern Star Resources is losing almost 5 percent, while Evolution Mining is gaining more than 4 percent.\nIn other news, Australian casino operator Star Entertainment Group has withdrawn a $9 billion merger proposal with beleaguered rival Crown Resorts, on fears that it could lose the main licence to operate its Melbourne casino. Crown Resorts stock is down more than 2 percent.\nIn economic news, the services sector in Australia fell hard into contraction territory in July, the latest survey from Markit Economics revealed on Friday with a 14-month low services PMI score of 44.2. That's down sharply from 56.8 in June and it moves well beneath the boom-or-bust line of 50 that separates expansion from contraction. The survey also showed that Australia's manufacturing PMI fell from 58.6 in June to 56.8 in July. The composite PMI slumped to 45.2 from 56.7 in the previous month.\nIn the currency market, the Aussie dollar is trading at $0.738 on Friday.\nThe Japanese stock market is closed for a long weekend on Thursday and Friday for public holidays, with the Tokyo 2020 Olympics opening ceremony on Friday. Japanese shares ended significantly higher on Wednesday.\nIn the currency market, the U.S. dollar is trading in the lower 110 yen-range on Friday.\nElsewhere in Asia, Hong Kong is losing 1 percent, while New Zealand, Indonesia, Malaysia, China and Singapore are all lower by between 0.1 and 0.5 percent each. South Korea is bucking the trend and is up 0.2 percent, while Taiwan is relatively flat.\nOn Wall Street, stocks showed a lack of direction over much of the trading day on Thursday before ending the session modestly higher. With the uptick on the day, the major averages extended the rebound seen over the two previous sessions.\nThe major averages all finished the day in positive territory but off their highs of the session. The Dow inched up 25.35 points or 0.1 percent to 34,823.35, the Nasdaq rose 52.64 points or 0.4 percent to 14,684.60 and the S&P 500 edged up 8.79 points or 0.2 percent to 4,367.48.\nMeanwhile, the major European markets turned in a mixed performance on the day. While the U.K.'s FTSE 100 Index fell by 0.4 percent, the French CAC 40 Index edged up by 0.3 percent and the German DAX Index climbed by 0.6 percent.\nCrude oil futures settled higher on Thursday, gaining for a third successive day, thanks to reports showing strong gasoline demand and a rebound in distillate fuels. West Texas Intermediate crude oil futures for September ended up $1.61 or 2.3 percent at $71.91 a barrel.","news_type":1,"symbols_score_info":{".UKX.UK":0.9,"AAPL":0.9,"BHP":0.9,"MALRF":0.9,"OZMLF":0.9,"PYPL":0.9,"RIO":0.9,"WIGBY":0.9,"WOPEF":0.9,"Z1P.AU":0.9}},"isVote":1,"tweetType":1,"viewCount":1213,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":175176127,"gmtCreate":1627017477669,"gmtModify":1633768725704,"author":{"id":"3585797482260363","authorId":"3585797482260363","name":"QqSM","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585797482260363","authorIdStr":"3585797482260363"},"themes":[],"htmlText":"Good review. Please like. Thanks much","listText":"Good review. Please like. Thanks much","text":"Good review. Please like. Thanks much","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/175176127","repostId":"2153160453","repostType":4,"isVote":1,"tweetType":1,"viewCount":1021,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":175173700,"gmtCreate":1627017286300,"gmtModify":1633768727069,"author":{"id":"3585797482260363","authorId":"3585797482260363","name":"QqSM","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585797482260363","authorIdStr":"3585797482260363"},"themes":[],"htmlText":"Let’s see what’s next. Please like. Thanks much","listText":"Let’s see what’s next. Please like. Thanks much","text":"Let’s see what’s next. Please like. Thanks much","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/175173700","repostId":"1164478982","repostType":4,"isVote":1,"tweetType":1,"viewCount":1498,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":172079396,"gmtCreate":1626923784415,"gmtModify":1633769681907,"author":{"id":"3585797482260363","authorId":"3585797482260363","name":"QqSM","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585797482260363","authorIdStr":"3585797482260363"},"themes":[],"htmlText":"Great summary. Thanks","listText":"Great summary. Thanks","text":"Great summary. Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/172079396","repostId":"1105130573","repostType":4,"repost":{"id":"1105130573","kind":"news","pubTimestamp":1626921817,"share":"https://www.laohu8.com/m/news/1105130573?lang=&edition=full","pubTime":"2021-07-22 10:43","market":"us","language":"en","title":"Moderna Joins Top S&P 500 Firms as Stock Value Triples","url":"https://stock-news.laohu8.com/highlight/detail?id=1105130573","media":"Bloomberg","summary":"(Bloomberg) -- Moderna Inc. joined the S&P 500 on Wednesday as the index’s the best performing stock","content":"<p>(Bloomberg) -- Moderna Inc. joined the S&amp;P 500 on Wednesday as the index’s the best performing stock this year -- by a mile.</p>\n<p>The move caps the drugmaker’s transformation from an early-stage biotech to a vaccine maker supplying Covid shots to the world. With a gain of just over 207% so far in 2021, Moderna’s share performance tops the index’s existing leader, L Brands Inc., which has risen about 104%.</p>\n<p>In the runup to its inclusion in the U.S. benchmark, Moderna’s stock has made fresh highs advancing more than 30% over four sessions before a 2% dip on Tuesday. Its shares closed 4.5% higher at $321.11, another record, with a market value of about $129 billion.</p>\n<p>Moderna’s rise has come largely from its innovations in developing messenger RNA vaccines, which use the body’s cells as mini vaccine factories. That has led some Wall Street analysts to call it the “Tesla of biotech” because the Cambridge, Massachusetts-based company is charting a course that may change the way infectious diseases are treated.</p>\n<p>The company secured its place in the upper echelons of U.S. biotechs next to AbbVie Inc. and Amgen Inc. -- after receiving emergency authorization for its Covid-19 vaccination last December, just a week behind Pfizer Inc. and BioNTech SE.</p>\n<p>But the parallels with Tesla don’t necessarily bode well for Moderna’s stock. Since the day before Tesla’s inclusion in the benchmark in December, it has fallen about 6% versus the index’s gain of nearly 18%. Other recent additions to the index have also underperformed.</p>\n<p>Shares of companies entering the index typically rally ahead of the inclusion as investors adjust their portfolios. Moderna’s shares were already losing steam on Tuesday, closing 2% lower at $307.33.</p>\n<p>Skeptics of Moderna’s surge in recent months note that its pipeline is in the early stages of human testing while the market for Covid-19 booster shots isn’t yet fully understood.</p>\n<p>Still, recent lab results show Moderna’s jab produces antibodies against the Covid-19 Delta variant. Analysts at Goldman Sachs also predict Moderna could have a new flu shot on the market by 2023 and a combination of a flu and Covid-19 vaccine as soon as 2024. The company also is working on new vaccines and medicines for cancer and HIV as well as Zika and heart disease.</p>\n<p>A survey of 191 hedge funds and institutional investors from Jefferies trading desk indicated that roughly 73% of respondents expect Moderna shares to be little changed or to fall 20% or worse into year end. The investors were most keenly focused on a delta booster and flu shot results, while only 13% were long Moderna.</p>\n<p>“In the end, we still have no idea who is buying the stock,” Will Sevush, a strategist with Jefferies wrote to clients, “bulls are very few and very far between.”</p>\n<p>Sales of mRNA-1273, as Moderna’s Covid inoculation is called, are likely to beat Wall Street consensus for $18.1 billion in 2021, according to Goldman. But even the Wall Street high price target of $299 from Moderna’s biggest enthusiast -- Goldman analyst Salveen Richter -- implies further retreat.</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>Moderna Joins Top S&P 500 Firms as Stock Value Triples</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\">\nModerna Joins Top S&P 500 Firms as Stock Value Triples\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-22 10:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/moderna-joins-top-firms-p-110555617.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Moderna Inc. joined the S&P 500 on Wednesday as the index’s the best performing stock this year -- by a mile.\nThe move caps the drugmaker’s transformation from an early-stage biotech to...</p>\n\n<a href=\"https://finance.yahoo.com/news/moderna-joins-top-firms-p-110555617.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MRNA":"Moderna, Inc."},"source_url":"https://finance.yahoo.com/news/moderna-joins-top-firms-p-110555617.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105130573","content_text":"(Bloomberg) -- Moderna Inc. joined the S&P 500 on Wednesday as the index’s the best performing stock this year -- by a mile.\nThe move caps the drugmaker’s transformation from an early-stage biotech to a vaccine maker supplying Covid shots to the world. With a gain of just over 207% so far in 2021, Moderna’s share performance tops the index’s existing leader, L Brands Inc., which has risen about 104%.\nIn the runup to its inclusion in the U.S. benchmark, Moderna’s stock has made fresh highs advancing more than 30% over four sessions before a 2% dip on Tuesday. Its shares closed 4.5% higher at $321.11, another record, with a market value of about $129 billion.\nModerna’s rise has come largely from its innovations in developing messenger RNA vaccines, which use the body’s cells as mini vaccine factories. That has led some Wall Street analysts to call it the “Tesla of biotech” because the Cambridge, Massachusetts-based company is charting a course that may change the way infectious diseases are treated.\nThe company secured its place in the upper echelons of U.S. biotechs next to AbbVie Inc. and Amgen Inc. -- after receiving emergency authorization for its Covid-19 vaccination last December, just a week behind Pfizer Inc. and BioNTech SE.\nBut the parallels with Tesla don’t necessarily bode well for Moderna’s stock. Since the day before Tesla’s inclusion in the benchmark in December, it has fallen about 6% versus the index’s gain of nearly 18%. Other recent additions to the index have also underperformed.\nShares of companies entering the index typically rally ahead of the inclusion as investors adjust their portfolios. Moderna’s shares were already losing steam on Tuesday, closing 2% lower at $307.33.\nSkeptics of Moderna’s surge in recent months note that its pipeline is in the early stages of human testing while the market for Covid-19 booster shots isn’t yet fully understood.\nStill, recent lab results show Moderna’s jab produces antibodies against the Covid-19 Delta variant. Analysts at Goldman Sachs also predict Moderna could have a new flu shot on the market by 2023 and a combination of a flu and Covid-19 vaccine as soon as 2024. The company also is working on new vaccines and medicines for cancer and HIV as well as Zika and heart disease.\nA survey of 191 hedge funds and institutional investors from Jefferies trading desk indicated that roughly 73% of respondents expect Moderna shares to be little changed or to fall 20% or worse into year end. The investors were most keenly focused on a delta booster and flu shot results, while only 13% were long Moderna.\n“In the end, we still have no idea who is buying the stock,” Will Sevush, a strategist with Jefferies wrote to clients, “bulls are very few and very far between.”\nSales of mRNA-1273, as Moderna’s Covid inoculation is called, are likely to beat Wall Street consensus for $18.1 billion in 2021, according to Goldman. But even the Wall Street high price target of $299 from Moderna’s biggest enthusiast -- Goldman analyst Salveen Richter -- implies further retreat.","news_type":1,"symbols_score_info":{"MRNA":0.9}},"isVote":1,"tweetType":1,"viewCount":1525,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":172058297,"gmtCreate":1626922716419,"gmtModify":1633769691923,"author":{"id":"3585797482260363","authorId":"3585797482260363","name":"QqSM","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585797482260363","authorIdStr":"3585797482260363"},"themes":[],"htmlText":"Great stuff. Like please","listText":"Great stuff. Like please","text":"Great stuff. Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/172058297","repostId":"2153477496","repostType":4,"isVote":1,"tweetType":1,"viewCount":1642,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"following","isTTM":false}