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2024-10-22

What a rubbish article.

Stock Track | Marathon Digital Holdings Plunges as Bitcoin Slump Weighs on Crypto Stocks

2024-03-01

Sorry, the original content has been removed

2024-01-02

Good overview.

Sorry, the original content has been removed

2023-12-06

I don't think so, not untill it hits $400 — $397.

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Go to Tiger App to see more news

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a rubbish article.&nbsp;","listText":"What a rubbish article.&nbsp;","text":"What a rubbish article.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/362683249119416","repostId":"1137950902","repostType":2,"repost":{"id":"1137950902","kind":"news","weMediaInfo":{"introduction":"Track stock‘s movements and relevant news","home_visible":1,"media_name":"Stock Track","id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"pubTimestamp":1729555341,"share":"https://ttm.financial/m/news/1137950902?lang=&edition=fundamental","pubTime":"2024-10-22 08:02","market":"us","language":"en","title":"Stock Track | Marathon Digital Holdings Plunges as Bitcoin Slump Weighs on Crypto Stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=1137950902","media":"Stock Track","summary":"Shares of Marathon Digital Holdings Inc , a crypto mining company, plummeted by 5.27% on October 21, 2024, mirroring the broader downtrend in the cryptocurrency market.The decline in MARA's stock price can be attributed to the recent slump in Bitcoin's value. Bitcoin, the world's leading digital asset, has lost substantial gains over the past few weeks, with its price dropping from a record high of around $73,750 in March to currently trading around $67,137, down 2.05% in the last 24 hours.As Bi","content":"<p>Shares of Marathon Digital Holdings Inc (NASDAQ: MARA), a crypto mining company, plummeted by 5.27% on October 21, 2024, mirroring the broader downtrend in the cryptocurrency market.</p>\n\n<p>The decline in MARA's stock price can be attributed to the recent slump in Bitcoin's value. Bitcoin, the world's leading digital asset, has lost substantial gains over the past few weeks, with its price dropping from a record high of around $73,750 in March to currently trading around $67,137, down 2.05% in the last 24 hours.</p>\n\n<p>As Bitcoin's price outlook remains tempered, the ripple effect has hit hard on crypto stocks, including Marathon Digital Holdings. Other crypto-related stocks like Coinbase (COIN), MicroStrategy (MSTR), Bitfarms, Riot Platforms, and Hut 8 Corp also experienced significant declines in their stock prices, ranging from 2.4% to 5% in the past 24 hours.</p>","source":"ai_movement_en","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>Stock Track | Marathon Digital Holdings Plunges as Bitcoin Slump Weighs on Crypto Stocks</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\">\nStock Track | Marathon Digital Holdings Plunges as Bitcoin Slump Weighs on Crypto Stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2024-10-22 08:02</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Shares of Marathon Digital Holdings Inc (NASDAQ: MARA), a crypto mining company, plummeted by 5.27% on October 21, 2024, mirroring the broader downtrend in the cryptocurrency market.</p>\n\n<p>The decline in MARA's stock price can be attributed to the recent slump in Bitcoin's value. Bitcoin, the world's leading digital asset, has lost substantial gains over the past few weeks, with its price dropping from a record high of around $73,750 in March to currently trading around $67,137, down 2.05% in the last 24 hours.</p>\n\n<p>As Bitcoin's price outlook remains tempered, the ripple effect has hit hard on crypto stocks, including Marathon Digital Holdings. Other crypto-related stocks like Coinbase (COIN), MicroStrategy (MSTR), Bitfarms, Riot Platforms, and Hut 8 Corp also experienced significant declines in their stock prices, ranging from 2.4% to 5% in the past 24 hours.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MARA":"MARA Holdings"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137950902","content_text":"Shares of Marathon Digital Holdings Inc (NASDAQ: MARA), a crypto mining company, plummeted by 5.27% on October 21, 2024, mirroring the broader downtrend in the cryptocurrency market.\nThe decline in MARA's stock price can be attributed to the recent slump in Bitcoin's value. Bitcoin, the world's leading digital asset, has lost substantial gains over the past few weeks, with its price dropping from a record high of around $73,750 in March to currently trading around $67,137, down 2.05% in the last 24 hours.\nAs Bitcoin's price outlook remains tempered, the ripple effect has hit hard on crypto stocks, including Marathon Digital Holdings. Other crypto-related stocks like Coinbase (COIN), MicroStrategy (MSTR), Bitfarms, Riot Platforms, and Hut 8 Corp also experienced significant declines in their stock prices, ranging from 2.4% to 5% in the past 24 hours.","news_type":1},"isVote":1,"tweetType":1,"viewCount":200,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":279464061321480,"gmtCreate":1709249995747,"gmtModify":1709257554812,"author":{"id":"4155768333241382","authorId":"4155768333241382","name":"Kiwiowl","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4155768333241382","idStr":"4155768333241382"},"themes":[],"htmlText":"","listText":"","text":"","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/279464061321480","repostId":"1191788058","repostType":2,"isVote":1,"tweetType":1,"viewCount":327,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":258480393277704,"gmtCreate":1704139466067,"gmtModify":1704160711822,"author":{"id":"4155768333241382","authorId":"4155768333241382","name":"Kiwiowl","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4155768333241382","idStr":"4155768333241382"},"themes":[],"htmlText":"Good overview.&nbsp;","listText":"Good overview.&nbsp;","text":"Good overview.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/258480393277704","repostId":"2395324060","repostType":2,"isVote":1,"tweetType":1,"viewCount":476,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":249033435832320,"gmtCreate":1701831105091,"gmtModify":1701831341171,"author":{"id":"4155768333241382","authorId":"4155768333241382","name":"Kiwiowl","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4155768333241382","idStr":"4155768333241382"},"themes":[],"htmlText":"I don't think so, not untill it hits $400 — $397.&nbsp;","listText":"I don't think so, not untill it hits $400 — $397.&nbsp;","text":"I don't think so, not untill it hits $400 — $397.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/249033435832320","repostId":"2389168725","repostType":2,"isVote":1,"tweetType":1,"viewCount":391,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":362683249119416,"gmtCreate":1729581549055,"gmtModify":1729581725993,"author":{"id":"4155768333241382","authorId":"4155768333241382","name":"Kiwiowl","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4155768333241382","authorIdStr":"4155768333241382"},"themes":[],"htmlText":"What a rubbish article.&nbsp;","listText":"What a rubbish article.&nbsp;","text":"What a rubbish article.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/362683249119416","repostId":"1137950902","repostType":2,"isVote":1,"tweetType":1,"viewCount":200,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":279464061321480,"gmtCreate":1709249995747,"gmtModify":1709257554812,"author":{"id":"4155768333241382","authorId":"4155768333241382","name":"Kiwiowl","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4155768333241382","authorIdStr":"4155768333241382"},"themes":[],"htmlText":"","listText":"","text":"","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/279464061321480","repostId":"1191788058","repostType":2,"repost":{"id":"1191788058","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":1709249173,"share":"https://ttm.financial/m/news/1191788058?lang=&edition=fundamental","pubTime":"2024-03-01 07:26","market":"us","language":"en","title":"Post-Bell｜Nasdaq Notches First Record High Close since 2021; NYCB Falls 20% after Replacing Its CEO and Taking a $2.4B Charge","url":"https://stock-news.laohu8.com/highlight/detail?id=1191788058","media":"Tiger Newspress","summary":"The S&P 500 and Nasdaq closed at record highs and the global equity index advanced on Thursday after a much anticipated U.S. inflation reading provided little surprise for relieved investors and helpe","content":"<html><head></head><body><p>The S&amp;P 500 and Nasdaq closed at record highs and the global equity index advanced on Thursday after a much anticipated U.S. inflation reading provided little surprise for relieved investors and helped push U.S. Treasury yields lower.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e0cc41098a6b7cdbb54931b3797b00b2\" tg-width=\"1080\" tg-height=\"1920\"/></p><h2 id=\"id_966889051\">Market Snapshot</h2><p>The Dow Jones Industrial Average rose 47.37 points, or 0.12%, to 38,996.39, the S&amp;P 500 gained 26.51 points, or 0.52%, to a record closing high of 5,096.27. The Nasdaq Composite gained 144.18 points, or 0.90%, to end at a peak of 16,091.92. Its previous record close was 16,057.44, hit in November 2021.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1ccf4e56073f310bb701149f74f9eb66\" title=\"\" tg-width=\"941\" tg-height=\"158\"/></p><h2 id=\"id_215835447\">Market Movers</h2><p>Shares of <strong>New York Community Bancorp</strong> fell 20% in extended trading Thursday after the regional lender announced a leadership change and disclosed issues with its internal controls. The regional bank announced that Alessandro DiNello, its executive chairman, is taking on the roles of president and CEO, effective immediately. The bank also said that a recent assessment of the value of goodwill on its balance sheet will result in $2.4 billion impairment charge to its December quarter net income. The impairment won&#39;t impact its regulatory capital or credit agreements, said the bank in an 8-K filing with the U.S. Securities and Exchange Commission.</p><p><strong>Snowflake</strong> tumbled 18% after the company’s revenue outlook for the fiscal first quarter and year came up short of expectations, and the cloud-data company announced that Frank Slootman was stepping down as chief executive “effective immediately.” He will be replaced by Sridhar Ramaswamy, senior vice president of AI at Snowflake. Ramaswamy told <em>Barron’s</em> in an interview that Snowflake provides guidance based on historical consumption patterns. He noted that unlike companies that sign long-term contracts, Snowflake starts every quarter with zero revenue. He said the forecast was conservative.</p><p style=\"text-align: start;\"><strong>Okta</strong>, the identity-management company, said it expects fiscal first-quarter revenue of $603 million to $605 million and adjusted earnings of 54 cents to 55 cents a share. Analysts had been calling for revenue of $584 million and earnings of 41 cents. Revenue in the fourth quarter climbed to $605 million from $510 million and topped expectations of $587.2 million. The stock surged 23%.</p><p style=\"text-align: start;\">Shares of <strong>C3.ai</strong> rose 25% after the maker of enterprise artificial-intelligence software posted a fiscal third-quarter adjusted loss of 13 cents a share, narrower than analysts’ expectations that called for a loss of 28 cents. Revenue at the company in the period was $78.4 million, up from $66.7 million a year earlier and better than analysts’ estimates of $76.1 million. Subscription revenue jumped 23% to $70.4 million.</p><p style=\"text-align: start;\"><strong>Duolingo</strong> rose 22% after the language learning company posted fourth-quarter earnings and sales that beat analysts’ forecasts and guided for revenue in the fiscal first quarter and year ahead of estimates. The company said daily active users rose 65% from a year earlier and monthly active users rose 46%.</p><p style=\"text-align: start;\"><strong>Chemours</strong> slid 32% after it placed three executives, including President and Chief Executive Mark Newman, on administrative leave as the chemicals company undergoes an internal review of its accounting practices.</p><p style=\"text-align: start;\"><strong>Hormel Foods</strong> closed 15% higher after the owner of brands Skippy, Spam, and Planters posted fiscal first-quarter earnings that topped expectations. “We are especially encouraged by broad-based volume growth across our businesses, reflecting the strength of our leading brands, robust demand for our foodservice products and momentum in our Planters snack nuts business,” said CEO Jim Snee.</p><p style=\"text-align: start;\">Fourth-quarter revenue at <strong>AMC</strong> Entertainment  rose nearly 12% to $1.1 billion and topped expectations of $1.06 billion. CEO Adam Aron said the company benefited from deals to distribute the concert movies of Taylor Swift and Beyoncé despite a “diminished box office overall.” AMC shares fell 13%.</p><p style=\"text-align: start;\"><strong>Marathon Digital,</strong> the crypto miner, earned 66 cents a share in the fourth quarter, a swing from a year-earlier loss of $3.13. Revenue rose to $156.8 million from $28.4 million a year earlier and topped analysts’ forecasts. The stock fell nearly 17%.</p><p style=\"text-align: start;\"><strong>Shoals Technologies</strong> fell about 17% after the solar company reported fourth-quarter adjusted earnings of 12 cent a share, missing Wall Street estimates of 17 cents. Revenue in the period rose 38% to $130.4 million, below estimates of $132 million. The company said it expects a “softer first half of 2024 as sustained higher interest rates are resulting in project delays.” </p><p style=\"text-align: start;\"><strong>Pure Storage</strong>, which provides systems based on flash memory technology to enterprise customers, posted better-than-expected adjusted profit and revenue in the fourth quarter and issued an upbeat outlook for fiscal 2025. Shares rose 25%.</p><p style=\"text-align: start;\"><strong>Best Buy</strong> rose 1.5%. The electronics retailer reported fiscal fourth-quarter earnings and revenue that beat Wall Street estimates.</p><p style=\"text-align: start;\"><strong>Monster Beverage</strong> closed up 5.8% after the maker of energy drinks said fourth-quarter revenue rose 14% to $1.73 billion as it saw “sound growth in the energy drink market globally.” The company said sales to customers outside the U.S. jumped 17%.</p><h2 id=\"id_3378142872\">Market News</h2><p><strong>GM&#39;s Cruise valuation slashed by more than half, adding to woes</strong></p><p>General Motors&#39; Cruise saw its internal share price cut by more than half from a quarter ago as the fallout from an October accident continues to weigh on the self-driving car company.</p><p>Cruise employees were told the share price had been estimated by a third party at $11.80, according to an email viewed by Reuters. That&#39;s down from a prior estimate of $24.27 just one quarter ago.</p><p><strong>AI Startup Making Humanoid Robots Raises $675 Million From Bezos, Nvidia</strong></p><p>Jeff Bezos, Nvidia and Microsoft are betting a humanlike robot could be one of the hot new developments in artificial intelligence.</p><p>They are among a group of investors, including OpenAI, that invested $675 million in an AI robotics company called Figure, the startup said Thursday, valuing it at $2.6 billion.</p><p>Tech companies are pouring cash into AI at a breakneck pace, with investors and analysts increasingly believing the AI boom is sustainable. More than $29 billion was invested in generative AI companies last year, according to research firm PitchBook. Nvidia, the chip maker at the heart of the AI craze, has a market cap around $2 trillion, making it one of the biggest companies in the U.S.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Post-Bell｜Nasdaq Notches First Record High Close since 2021; NYCB Falls 20% after Replacing Its CEO and Taking a $2.4B Charge</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\">\nPost-Bell｜Nasdaq Notches First Record High Close since 2021; NYCB Falls 20% after Replacing Its CEO and Taking a $2.4B Charge\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\">2024-03-01 07:26</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>The S&amp;P 500 and Nasdaq closed at record highs and the global equity index advanced on Thursday after a much anticipated U.S. inflation reading provided little surprise for relieved investors and helped push U.S. Treasury yields lower.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e0cc41098a6b7cdbb54931b3797b00b2\" tg-width=\"1080\" tg-height=\"1920\"/></p><h2 id=\"id_966889051\">Market Snapshot</h2><p>The Dow Jones Industrial Average rose 47.37 points, or 0.12%, to 38,996.39, the S&amp;P 500 gained 26.51 points, or 0.52%, to a record closing high of 5,096.27. The Nasdaq Composite gained 144.18 points, or 0.90%, to end at a peak of 16,091.92. Its previous record close was 16,057.44, hit in November 2021.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1ccf4e56073f310bb701149f74f9eb66\" title=\"\" tg-width=\"941\" tg-height=\"158\"/></p><h2 id=\"id_215835447\">Market Movers</h2><p>Shares of <strong>New York Community Bancorp</strong> fell 20% in extended trading Thursday after the regional lender announced a leadership change and disclosed issues with its internal controls. The regional bank announced that Alessandro DiNello, its executive chairman, is taking on the roles of president and CEO, effective immediately. The bank also said that a recent assessment of the value of goodwill on its balance sheet will result in $2.4 billion impairment charge to its December quarter net income. The impairment won&#39;t impact its regulatory capital or credit agreements, said the bank in an 8-K filing with the U.S. Securities and Exchange Commission.</p><p><strong>Snowflake</strong> tumbled 18% after the company’s revenue outlook for the fiscal first quarter and year came up short of expectations, and the cloud-data company announced that Frank Slootman was stepping down as chief executive “effective immediately.” He will be replaced by Sridhar Ramaswamy, senior vice president of AI at Snowflake. Ramaswamy told <em>Barron’s</em> in an interview that Snowflake provides guidance based on historical consumption patterns. He noted that unlike companies that sign long-term contracts, Snowflake starts every quarter with zero revenue. He said the forecast was conservative.</p><p style=\"text-align: start;\"><strong>Okta</strong>, the identity-management company, said it expects fiscal first-quarter revenue of $603 million to $605 million and adjusted earnings of 54 cents to 55 cents a share. Analysts had been calling for revenue of $584 million and earnings of 41 cents. Revenue in the fourth quarter climbed to $605 million from $510 million and topped expectations of $587.2 million. The stock surged 23%.</p><p style=\"text-align: start;\">Shares of <strong>C3.ai</strong> rose 25% after the maker of enterprise artificial-intelligence software posted a fiscal third-quarter adjusted loss of 13 cents a share, narrower than analysts’ expectations that called for a loss of 28 cents. Revenue at the company in the period was $78.4 million, up from $66.7 million a year earlier and better than analysts’ estimates of $76.1 million. Subscription revenue jumped 23% to $70.4 million.</p><p style=\"text-align: start;\"><strong>Duolingo</strong> rose 22% after the language learning company posted fourth-quarter earnings and sales that beat analysts’ forecasts and guided for revenue in the fiscal first quarter and year ahead of estimates. The company said daily active users rose 65% from a year earlier and monthly active users rose 46%.</p><p style=\"text-align: start;\"><strong>Chemours</strong> slid 32% after it placed three executives, including President and Chief Executive Mark Newman, on administrative leave as the chemicals company undergoes an internal review of its accounting practices.</p><p style=\"text-align: start;\"><strong>Hormel Foods</strong> closed 15% higher after the owner of brands Skippy, Spam, and Planters posted fiscal first-quarter earnings that topped expectations. “We are especially encouraged by broad-based volume growth across our businesses, reflecting the strength of our leading brands, robust demand for our foodservice products and momentum in our Planters snack nuts business,” said CEO Jim Snee.</p><p style=\"text-align: start;\">Fourth-quarter revenue at <strong>AMC</strong> Entertainment  rose nearly 12% to $1.1 billion and topped expectations of $1.06 billion. CEO Adam Aron said the company benefited from deals to distribute the concert movies of Taylor Swift and Beyoncé despite a “diminished box office overall.” AMC shares fell 13%.</p><p style=\"text-align: start;\"><strong>Marathon Digital,</strong> the crypto miner, earned 66 cents a share in the fourth quarter, a swing from a year-earlier loss of $3.13. Revenue rose to $156.8 million from $28.4 million a year earlier and topped analysts’ forecasts. The stock fell nearly 17%.</p><p style=\"text-align: start;\"><strong>Shoals Technologies</strong> fell about 17% after the solar company reported fourth-quarter adjusted earnings of 12 cent a share, missing Wall Street estimates of 17 cents. Revenue in the period rose 38% to $130.4 million, below estimates of $132 million. The company said it expects a “softer first half of 2024 as sustained higher interest rates are resulting in project delays.” </p><p style=\"text-align: start;\"><strong>Pure Storage</strong>, which provides systems based on flash memory technology to enterprise customers, posted better-than-expected adjusted profit and revenue in the fourth quarter and issued an upbeat outlook for fiscal 2025. Shares rose 25%.</p><p style=\"text-align: start;\"><strong>Best Buy</strong> rose 1.5%. The electronics retailer reported fiscal fourth-quarter earnings and revenue that beat Wall Street estimates.</p><p style=\"text-align: start;\"><strong>Monster Beverage</strong> closed up 5.8% after the maker of energy drinks said fourth-quarter revenue rose 14% to $1.73 billion as it saw “sound growth in the energy drink market globally.” The company said sales to customers outside the U.S. jumped 17%.</p><h2 id=\"id_3378142872\">Market News</h2><p><strong>GM&#39;s Cruise valuation slashed by more than half, adding to woes</strong></p><p>General Motors&#39; Cruise saw its internal share price cut by more than half from a quarter ago as the fallout from an October accident continues to weigh on the self-driving car company.</p><p>Cruise employees were told the share price had been estimated by a third party at $11.80, according to an email viewed by Reuters. That&#39;s down from a prior estimate of $24.27 just one quarter ago.</p><p><strong>AI Startup Making Humanoid Robots Raises $675 Million From Bezos, Nvidia</strong></p><p>Jeff Bezos, Nvidia and Microsoft are betting a humanlike robot could be one of the hot new developments in artificial intelligence.</p><p>They are among a group of investors, including OpenAI, that invested $675 million in an AI robotics company called Figure, the startup said Thursday, valuing it at $2.6 billion.</p><p>Tech companies are pouring cash into AI at a breakneck pace, with investors and analysts increasingly believing the AI boom is sustainable. More than $29 billion was invested in generative AI companies last year, according to research firm PitchBook. Nvidia, the chip maker at the heart of the AI craze, has a market cap around $2 trillion, making it one of the biggest companies in the U.S.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191788058","content_text":"The S&P 500 and Nasdaq closed at record highs and the global equity index advanced on Thursday after a much anticipated U.S. inflation reading provided little surprise for relieved investors and helped push U.S. Treasury yields lower.Market SnapshotThe Dow Jones Industrial Average rose 47.37 points, or 0.12%, to 38,996.39, the S&P 500 gained 26.51 points, or 0.52%, to a record closing high of 5,096.27. The Nasdaq Composite gained 144.18 points, or 0.90%, to end at a peak of 16,091.92. Its previous record close was 16,057.44, hit in November 2021.Market MoversShares of New York Community Bancorp fell 20% in extended trading Thursday after the regional lender announced a leadership change and disclosed issues with its internal controls. The regional bank announced that Alessandro DiNello, its executive chairman, is taking on the roles of president and CEO, effective immediately. The bank also said that a recent assessment of the value of goodwill on its balance sheet will result in $2.4 billion impairment charge to its December quarter net income. The impairment won't impact its regulatory capital or credit agreements, said the bank in an 8-K filing with the U.S. Securities and Exchange Commission.Snowflake tumbled 18% after the company’s revenue outlook for the fiscal first quarter and year came up short of expectations, and the cloud-data company announced that Frank Slootman was stepping down as chief executive “effective immediately.” He will be replaced by Sridhar Ramaswamy, senior vice president of AI at Snowflake. Ramaswamy told Barron’s in an interview that Snowflake provides guidance based on historical consumption patterns. He noted that unlike companies that sign long-term contracts, Snowflake starts every quarter with zero revenue. He said the forecast was conservative.Okta, the identity-management company, said it expects fiscal first-quarter revenue of $603 million to $605 million and adjusted earnings of 54 cents to 55 cents a share. Analysts had been calling for revenue of $584 million and earnings of 41 cents. Revenue in the fourth quarter climbed to $605 million from $510 million and topped expectations of $587.2 million. The stock surged 23%.Shares of C3.ai rose 25% after the maker of enterprise artificial-intelligence software posted a fiscal third-quarter adjusted loss of 13 cents a share, narrower than analysts’ expectations that called for a loss of 28 cents. Revenue at the company in the period was $78.4 million, up from $66.7 million a year earlier and better than analysts’ estimates of $76.1 million. Subscription revenue jumped 23% to $70.4 million.Duolingo rose 22% after the language learning company posted fourth-quarter earnings and sales that beat analysts’ forecasts and guided for revenue in the fiscal first quarter and year ahead of estimates. The company said daily active users rose 65% from a year earlier and monthly active users rose 46%.Chemours slid 32% after it placed three executives, including President and Chief Executive Mark Newman, on administrative leave as the chemicals company undergoes an internal review of its accounting practices.Hormel Foods closed 15% higher after the owner of brands Skippy, Spam, and Planters posted fiscal first-quarter earnings that topped expectations. “We are especially encouraged by broad-based volume growth across our businesses, reflecting the strength of our leading brands, robust demand for our foodservice products and momentum in our Planters snack nuts business,” said CEO Jim Snee.Fourth-quarter revenue at AMC Entertainment  rose nearly 12% to $1.1 billion and topped expectations of $1.06 billion. CEO Adam Aron said the company benefited from deals to distribute the concert movies of Taylor Swift and Beyoncé despite a “diminished box office overall.” AMC shares fell 13%.Marathon Digital, the crypto miner, earned 66 cents a share in the fourth quarter, a swing from a year-earlier loss of $3.13. Revenue rose to $156.8 million from $28.4 million a year earlier and topped analysts’ forecasts. The stock fell nearly 17%.Shoals Technologies fell about 17% after the solar company reported fourth-quarter adjusted earnings of 12 cent a share, missing Wall Street estimates of 17 cents. Revenue in the period rose 38% to $130.4 million, below estimates of $132 million. The company said it expects a “softer first half of 2024 as sustained higher interest rates are resulting in project delays.” Pure Storage, which provides systems based on flash memory technology to enterprise customers, posted better-than-expected adjusted profit and revenue in the fourth quarter and issued an upbeat outlook for fiscal 2025. Shares rose 25%.Best Buy rose 1.5%. The electronics retailer reported fiscal fourth-quarter earnings and revenue that beat Wall Street estimates.Monster Beverage closed up 5.8% after the maker of energy drinks said fourth-quarter revenue rose 14% to $1.73 billion as it saw “sound growth in the energy drink market globally.” The company said sales to customers outside the U.S. jumped 17%.Market NewsGM's Cruise valuation slashed by more than half, adding to woesGeneral Motors' Cruise saw its internal share price cut by more than half from a quarter ago as the fallout from an October accident continues to weigh on the self-driving car company.Cruise employees were told the share price had been estimated by a third party at $11.80, according to an email viewed by Reuters. That's down from a prior estimate of $24.27 just one quarter ago.AI Startup Making Humanoid Robots Raises $675 Million From Bezos, NvidiaJeff Bezos, Nvidia and Microsoft are betting a humanlike robot could be one of the hot new developments in artificial intelligence.They are among a group of investors, including OpenAI, that invested $675 million in an AI robotics company called Figure, the startup said Thursday, valuing it at $2.6 billion.Tech companies are pouring cash into AI at a breakneck pace, with investors and analysts increasingly believing the AI boom is sustainable. More than $29 billion was invested in generative AI companies last year, according to research firm PitchBook. Nvidia, the chip maker at the heart of the AI craze, has a market cap around $2 trillion, making it one of the biggest companies in the U.S.","news_type":1},"isVote":1,"tweetType":1,"viewCount":327,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":258480393277704,"gmtCreate":1704139466067,"gmtModify":1704160711822,"author":{"id":"4155768333241382","authorId":"4155768333241382","name":"Kiwiowl","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4155768333241382","authorIdStr":"4155768333241382"},"themes":[],"htmlText":"Good overview.&nbsp;","listText":"Good overview.&nbsp;","text":"Good overview.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/258480393277704","repostId":"2395324060","repostType":2,"repost":{"id":"2395324060","kind":"highlight","pubTimestamp":1703897731,"share":"https://ttm.financial/m/news/2395324060?lang=&edition=fundamental","pubTime":"2023-12-30 08:55","market":"us","language":"en","title":"2024: NIO's Big Year","url":"https://stock-news.laohu8.com/highlight/detail?id=2395324060","media":"seekingalpha","summary":"NIO's profitability metrics and deliveries have improved, leading to a constructive move toward sustainable growth and increased income.NIO is expected to benefit from the recent investment from the A","content":"<html><head></head><body><ul style=\"\"><li><p>NIO&#39;s profitability metrics and deliveries have improved, leading to a constructive move toward sustainable growth and increased income.</p></li><li><p>NIO is expected to benefit from the recent investment from the Abu Dhabi fund and a more accessible global monetary environment.</p></li><li><p>NIO&#39;s stellar smart vehicle lineup, including the new ET9 sedan, and improving financials suggest continued growth and profitability.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/93f1bff5bc3c967bd8cfa7e8f6a7146b\" tg-width=\"750\" tg-height=\"500\"/></p><p>Victor Golmer/iStock Editorial via Getty Images</p><p>I&#39;ve been bullish on NIO Inc. (NYSE:NIO) since before its epic 2020 rise and subsequent decline. However, I recently took a more cautious approach as losses mounted and NIO continued diluting its stock. Moreover, I recently re-entered NIO&#39;s stock as we&#39;ve seen considerable improvements in profitability metrics and deliveries, as well as a constructive move toward sustainable growth and increased income.</p><p>Despite the additional dilution to existing shareholders, NIO should benefit from the recent strategic investment from the Abu Dhabi fund. The economy is coming out of a slowdown, and a more accessible global monetary environment should help NIO. Also, NIO recently unveiled its new ET9 executive flagship sedan, and the company has other promising projects and initiatives that should boost growth and expand profits. Despite near-term challenges, NIO should continue improving operations, leading to increased profitability and a higher stock price as we advance.</p><h2 id=\"id_3908209774\">The Technical Image - Turning Bullish</h2><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/78b28e179747640133f1e379eed1ba95\" tg-width=\"640\" tg-height=\"676\"/></p><p>NIO (StockCharts.com)</p><p>NIO&#39;s stock may have finally bottomed around $7. Moreover, $7.50 is the ultra-low level at which Abu Dhabi&#39;s capital injection came in. We see a base forming in NIO, and the next move may be higher as the breakout above $10 materializes. We&#39;re witnessing improved technical conditions as the RSI, CCI, full stochastic, and other technical gauges strengthen. Momentum is improving, and the sustainable move higher may accelerate throughout 2024.</p><h3 id=\"id_770424709\">Stellar Smart Vehicle Lineup</h3><p>Including NIO&#39;s ultra-luxurious flagship executive ET9 sedan, NIO&#39;s stellar lineup now has nine all-electric smart vehicles. NIO has also updated its ES6, ES8, and EC6 vehicles. NIO has a distinct advantage with the most versatile lineup of any luxury pure EV maker. NIO&#39;s battery-swapping technology also gives the company a unique competitive advantage. NIO makes beautiful, high-performance, ultra-luxurious smart EVs and sells its vehicles at a competitive price point. This dynamic should enable its sales to continue surging in the future. NIO&#39;s profitability also improved notably last quarter and should continue expanding moving forward.</p><h3 id=\"id_3566328866\">Significantly Improving Financials</h3><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/31518339ef86063382e38d006eb3c6f9\" tg-width=\"640\" tg-height=\"237\"/></p><p>NIO financials (ir.nio.com)</p><p>NIO&#39;s financials suffered due to the global economic slowdown, transitory China-related factors, competition, the introduction of new vehicles, and other temporary factors. However, NIO&#39;s issues aren&#39;t systemic, and we&#39;ve seen a considerable bounce back in profitability metrics last quarter. This highly constructive trend suggests that growth could continue accelerating, leading to higher profits in future quarters.</p><p>Vehicle sales increased to 17.4B RMB in Q3, a 46% YoY increase and a 142% spike over the previous quarter. Total revenues surged to 19B RMB, nearly a 47% YoY increase. Also, profitability roared back, as NIO reported a vehicle margin of 11% over the 6.2% in the previous quarter. Gross margin also improved significantly to 8% from just 1% in Q2. While NIO&#39;s operating loss remains considerable, we see a substantial improvement over the previous quarter, implying NIO should continue improving operations and growing more profitable as we advance.</p><p>Additionally, NIO&#39;s R&amp;D costs decreased by 9.1% from Q2, illustrating the company&#39;s emphasis on reducing costs and improving profitability. SG&amp;A expenses also increased slower than NIO&#39;s revenue growth, illustrating that NIO is becoming increasingly profitable with scale. Due to the improved efficiency, NIO&#39;s net loss decreased by about 25% over the previous quarter.</p><h2 id=\"id_2195446006\">The Abu Dhabi Investment And Other Developments</h2><p>CYVN Holdings, an investment vehicle based in Abu Dhabi, has invested $2.2B in NIO, acquiring a 20.1% stake. This strategic investment should enable NIO to boost sales and improve cash flow, leading to increased profitability. Also, the deal allows for the investment group to nominate two directors to NIO&#39;s board, a dynamic that should lead to increased cost-cutting and improved profitability as we advance.</p><p>NIO will spin off its battery manufacturing unit as part of a broader profitability strategy. This move should enable NIO to concentrate on its core segments, leading to improved efficiency and faster profitability.</p><p>NIO plans to launch its cheaper Firefly brand in Europe in 2024, a full year ahead of schedule. More economical vehicles should enable NIO to gain market share in Europe and will likely contribute significantly to the company&#39;s growth and eventual profits.</p><h2 id=\"id_1151265317\">Revenues Likely To Skyrocket</h2><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/40fa4c9108ffe3eab88d1a4f609f4671\" tg-width=\"640\" tg-height=\"200\"/></p><p>Revenue estimates (SeekingAlpha.com )</p><p>NIO&#39;s revenues should skyrocket by 50% plus in 2024. Also, while the consensus revenue estimate is $11.7B, we may see NIO beat this lowballed depressed sales figure. Higher-end estimates imply NIO could achieve revenues in the $13-$15B range, implying NIO could be trading close to one times forward sales here. Also, while 2025 consensus revenue estimates are around $16B, NIO may hit a higher-end estimate target of $18-$20B. It&#39;s early to value NIO on a P/E basis, but at about one times forward sales, NIO&#39;s valuation is cheap here, and we could see its stock price move considerably higher as we advance.</p><h2 id=\"id_2933126864\">Where NIO&#39;s stock could be in the future:</h2><table style=\"border-collapse:collapse;\"><tbody><tr><td style=\"text-align:left;\"><p><strong>Year</strong></p></td><td style=\"text-align:left;\"><p><strong>2024</strong></p></td><td style=\"text-align:left;\"><p><strong>2025</strong></p></td><td style=\"text-align:left;\"><p><strong>2026</strong></p></td><td style=\"text-align:left;\"><p><strong>2027</strong></p></td><td style=\"text-align:left;\"><p><strong>2028</strong></p></td><td style=\"text-align:left;\"><p><strong>2029</strong></p></td><td style=\"text-align:left;\"><p><strong>2030</strong></p></td></tr><tr><td style=\"text-align:left;\"><p><strong>Revenue Bs</strong></p></td><td style=\"text-align:left;\"><p>$13</p></td><td style=\"text-align:left;\"><p>$19</p></td><td style=\"text-align:left;\"><p>$24</p></td><td style=\"text-align:left;\"><p>$30</p></td><td style=\"text-align:left;\"><p>$36</p></td><td style=\"text-align:left;\"><p>$42</p></td><td style=\"text-align:left;\"><p>$49</p></td></tr><tr><td style=\"text-align:left;\"><p><strong>Revenue growth</strong></p></td><td style=\"text-align:left;\"><p>82%</p></td><td style=\"text-align:left;\"><p>36%</p></td><td style=\"text-align:left;\"><p>26%</p></td><td style=\"text-align:left;\"><p>24%</p></td><td style=\"text-align:left;\"><p>20%</p></td><td style=\"text-align:left;\"><p>18%</p></td><td style=\"text-align:left;\"><p>16%</p></td></tr><tr><td style=\"text-align:left;\"><p><strong>Forward P/S ratio</strong></p></td><td style=\"text-align:left;\"><p>2</p></td><td style=\"text-align:left;\"><p>2.5</p></td><td style=\"text-align:left;\"><p>3</p></td><td style=\"text-align:left;\"><p>3.2</p></td><td style=\"text-align:left;\"><p>3.3</p></td><td style=\"text-align:left;\"><p>3.2</p></td><td style=\"text-align:left;\"><p>3.1</p></td></tr><tr><td style=\"text-align:left;\"><p><strong>Market cap</strong></p></td><td style=\"text-align:left;\"><p>$38B</p></td><td style=\"text-align:left;\"><p>$60B</p></td><td style=\"text-align:left;\"><p>$90B</p></td><td style=\"text-align:left;\"><p>$115B</p></td><td style=\"text-align:left;\"><p>$138B</p></td><td style=\"text-align:left;\"><p>$156B</p></td><td style=\"text-align:left;\"><p>$170B</p></td></tr><tr><td style=\"text-align:left;\"><p><strong>Stock price</strong></p></td><td style=\"text-align:left;\"><p>$20</p></td><td style=\"text-align:left;\"><p>$32</p></td><td style=\"text-align:left;\"><p>$47</p></td><td style=\"text-align:left;\"><p>$60</p></td><td style=\"text-align:left;\"><p>$72</p></td><td style=\"text-align:left;\"><p>$82</p></td><td style=\"text-align:left;\"><p>$90</p></td></tr></tbody></table><p>Click to enlarge</p><p><em>Source: The Financial Prophet</em></p><p>Once NIO demonstrates it can sustain profitability, the stock should garner a higher multiple. For instance, Tesla trades at about a seven times forward P/S ratio. The highly unprofitable Lucid also trades at around seven times forward sales, and Rivian trades at around four times forward sales estimates. So, why does NIO sell at only one-time sales? It&#39;s likely because NIO is an unprofitable Chinese EV manufacturer. However, much of the risk associated with owning Chinese equities has been eliminated, and NIO&#39;s sales multiple could expand considerably once it illustrates it can sustain profitability. Therefore, NIO&#39;s stock should go much higher as we advance.</p><h2 id=\"id_688671622\">Risks to NIO</h2><p>Despite my constructive outlook, NIO faces several challenges. There is increased competition in the Chinese EV field. Also, NIO still has a long road to profitability ahead. NIO must demonstrate that it can produce and sell vehicles at a profit for its stock price to have a chance at moving substantially higher. NIO faces macroeconomic and geopolitical headwinds due to a slow global economy and China tensions. NIO continues burning cash and must decrease its cash burn rate quickly, or another round of capital injections and stock dilution is inevitable. Investors should examine these and other risks before investing in NIO&#39;s stock.</p></body></html>","source":"seekingalpha","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>2024: NIO's Big Year</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n2024: NIO's Big Year\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-12-30 08:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4660361-2024-nios-big-year><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NIO's profitability metrics and deliveries have improved, leading to a constructive move toward sustainable growth and increased income.NIO is expected to benefit from the recent investment from the ...</p>\n\n<a href=\"https://seekingalpha.com/article/4660361-2024-nios-big-year\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://seekingalpha.com/article/4660361-2024-nios-big-year","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2395324060","content_text":"NIO's profitability metrics and deliveries have improved, leading to a constructive move toward sustainable growth and increased income.NIO is expected to benefit from the recent investment from the Abu Dhabi fund and a more accessible global monetary environment.NIO's stellar smart vehicle lineup, including the new ET9 sedan, and improving financials suggest continued growth and profitability.Victor Golmer/iStock Editorial via Getty ImagesI've been bullish on NIO Inc. (NYSE:NIO) since before its epic 2020 rise and subsequent decline. However, I recently took a more cautious approach as losses mounted and NIO continued diluting its stock. Moreover, I recently re-entered NIO's stock as we've seen considerable improvements in profitability metrics and deliveries, as well as a constructive move toward sustainable growth and increased income.Despite the additional dilution to existing shareholders, NIO should benefit from the recent strategic investment from the Abu Dhabi fund. The economy is coming out of a slowdown, and a more accessible global monetary environment should help NIO. Also, NIO recently unveiled its new ET9 executive flagship sedan, and the company has other promising projects and initiatives that should boost growth and expand profits. Despite near-term challenges, NIO should continue improving operations, leading to increased profitability and a higher stock price as we advance.The Technical Image - Turning BullishNIO (StockCharts.com)NIO's stock may have finally bottomed around $7. Moreover, $7.50 is the ultra-low level at which Abu Dhabi's capital injection came in. We see a base forming in NIO, and the next move may be higher as the breakout above $10 materializes. We're witnessing improved technical conditions as the RSI, CCI, full stochastic, and other technical gauges strengthen. Momentum is improving, and the sustainable move higher may accelerate throughout 2024.Stellar Smart Vehicle LineupIncluding NIO's ultra-luxurious flagship executive ET9 sedan, NIO's stellar lineup now has nine all-electric smart vehicles. NIO has also updated its ES6, ES8, and EC6 vehicles. NIO has a distinct advantage with the most versatile lineup of any luxury pure EV maker. NIO's battery-swapping technology also gives the company a unique competitive advantage. NIO makes beautiful, high-performance, ultra-luxurious smart EVs and sells its vehicles at a competitive price point. This dynamic should enable its sales to continue surging in the future. NIO's profitability also improved notably last quarter and should continue expanding moving forward.Significantly Improving FinancialsNIO financials (ir.nio.com)NIO's financials suffered due to the global economic slowdown, transitory China-related factors, competition, the introduction of new vehicles, and other temporary factors. However, NIO's issues aren't systemic, and we've seen a considerable bounce back in profitability metrics last quarter. This highly constructive trend suggests that growth could continue accelerating, leading to higher profits in future quarters.Vehicle sales increased to 17.4B RMB in Q3, a 46% YoY increase and a 142% spike over the previous quarter. Total revenues surged to 19B RMB, nearly a 47% YoY increase. Also, profitability roared back, as NIO reported a vehicle margin of 11% over the 6.2% in the previous quarter. Gross margin also improved significantly to 8% from just 1% in Q2. While NIO's operating loss remains considerable, we see a substantial improvement over the previous quarter, implying NIO should continue improving operations and growing more profitable as we advance.Additionally, NIO's R&D costs decreased by 9.1% from Q2, illustrating the company's emphasis on reducing costs and improving profitability. SG&A expenses also increased slower than NIO's revenue growth, illustrating that NIO is becoming increasingly profitable with scale. Due to the improved efficiency, NIO's net loss decreased by about 25% over the previous quarter.The Abu Dhabi Investment And Other DevelopmentsCYVN Holdings, an investment vehicle based in Abu Dhabi, has invested $2.2B in NIO, acquiring a 20.1% stake. This strategic investment should enable NIO to boost sales and improve cash flow, leading to increased profitability. Also, the deal allows for the investment group to nominate two directors to NIO's board, a dynamic that should lead to increased cost-cutting and improved profitability as we advance.NIO will spin off its battery manufacturing unit as part of a broader profitability strategy. This move should enable NIO to concentrate on its core segments, leading to improved efficiency and faster profitability.NIO plans to launch its cheaper Firefly brand in Europe in 2024, a full year ahead of schedule. More economical vehicles should enable NIO to gain market share in Europe and will likely contribute significantly to the company's growth and eventual profits.Revenues Likely To SkyrocketRevenue estimates (SeekingAlpha.com )NIO's revenues should skyrocket by 50% plus in 2024. Also, while the consensus revenue estimate is $11.7B, we may see NIO beat this lowballed depressed sales figure. Higher-end estimates imply NIO could achieve revenues in the $13-$15B range, implying NIO could be trading close to one times forward sales here. Also, while 2025 consensus revenue estimates are around $16B, NIO may hit a higher-end estimate target of $18-$20B. It's early to value NIO on a P/E basis, but at about one times forward sales, NIO's valuation is cheap here, and we could see its stock price move considerably higher as we advance.Where NIO's stock could be in the future:Year2024202520262027202820292030Revenue Bs$13$19$24$30$36$42$49Revenue growth82%36%26%24%20%18%16%Forward P/S ratio22.533.23.33.23.1Market cap$38B$60B$90B$115B$138B$156B$170BStock price$20$32$47$60$72$82$90Click to enlargeSource: The Financial ProphetOnce NIO demonstrates it can sustain profitability, the stock should garner a higher multiple. For instance, Tesla trades at about a seven times forward P/S ratio. The highly unprofitable Lucid also trades at around seven times forward sales, and Rivian trades at around four times forward sales estimates. So, why does NIO sell at only one-time sales? It's likely because NIO is an unprofitable Chinese EV manufacturer. However, much of the risk associated with owning Chinese equities has been eliminated, and NIO's sales multiple could expand considerably once it illustrates it can sustain profitability. Therefore, NIO's stock should go much higher as we advance.Risks to NIODespite my constructive outlook, NIO faces several challenges. There is increased competition in the Chinese EV field. Also, NIO still has a long road to profitability ahead. NIO must demonstrate that it can produce and sell vehicles at a profit for its stock price to have a chance at moving substantially higher. NIO faces macroeconomic and geopolitical headwinds due to a slow global economy and China tensions. NIO continues burning cash and must decrease its cash burn rate quickly, or another round of capital injections and stock dilution is inevitable. Investors should examine these and other risks before investing in NIO's stock.","news_type":1},"isVote":1,"tweetType":1,"viewCount":476,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":249033435832320,"gmtCreate":1701831105091,"gmtModify":1701831341171,"author":{"id":"4155768333241382","authorId":"4155768333241382","name":"Kiwiowl","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4155768333241382","authorIdStr":"4155768333241382"},"themes":[],"htmlText":"I don't think so, not untill it hits $400 — $397.&nbsp;","listText":"I don't think so, not untill it hits $400 — $397.&nbsp;","text":"I don't think so, not untill it hits $400 — $397.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/249033435832320","repostId":"2389168725","repostType":2,"repost":{"id":"2389168725","kind":"highlight","pubTimestamp":1701847851,"share":"https://ttm.financial/m/news/2389168725?lang=&edition=fundamental","pubTime":"2023-12-06 15:30","market":"us","language":"en","title":"Nvidia Has Triggered Our Buy-On-Weakness Signal (Technical Analysis)","url":"https://stock-news.laohu8.com/highlight/detail?id=2389168725","media":"Seekingalpha","summary":"Nvidia Corporation stock has triggered our buy-on-weakness signal, indicating potential buying opportunities for portfolio managers.The company's strong ratings for growth, revisions, profitability, and momentum suggest that portfolio managers will likely buy on weakness.Nvidia is in a trading range between $400 and $500, with buyers coming in around $400 and sellers around $500.Justin Sullivan Nvidia Corporation  just triggered our buy-on-weakness signal in the Timing  column of the report shown below. It already has our most important Buy Signal shown in the SID column. This SID signal uses both fundamentals and technicals. NVDA is already in our 2024 Model Portfolio. Why is our Timing signal so important?","content":"<html><head></head><body><ul style=\"\"><li><p>Nvidia Corporation stock has triggered our buy-on-weakness signal, indicating potential buying opportunities for portfolio managers.</p></li><li><p>The company&#39;s strong ratings for growth, revisions, profitability, and momentum suggest that portfolio managers will likely buy on weakness.</p></li><li><p>Nvidia is in a trading range between $400 and $500, with buyers coming in around $400 and sellers around $500.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8eda45423aef698086f21763c6aa25ae\" tg-width=\"750\" tg-height=\"499\"/></p><p>Justin Sullivan</p><p></p><p><strong>Nvidia Corporation</strong> (NASDAQ:NVDA) just triggered our buy-on-weakness signal in the Timing (&#34;Tmg&#34;) column of the report shown below. It already has our most important Buy Signal shown in the SID column. This SID signal uses both fundamentals and technicals. NVDA is already in our 2024 Model Portfolio.</p><p>Why is our Timing signal so important? It alerts us to see if portfolio managers will come back into NVDA and once again start buying on weakness. We know that portfolio managers do not like to chase price, and because they are buying in size, they have to wait for a pullback to start buying. This happens consistently with NVDA. The only thing we don&#39;t know is how low the price has to go before they start buying. But we don&#39;t have to know that because our Confirm, or Cfrm, signal in the Cfrm column of the report below will tell us when they start buying NVDA again.</p><p>Since Nvidia stock is already in our Model Portfolio, we could Sell calls to make some money as NVDA price drops to support. Then we could buy calls when we see the Cfrm signal is triggered as the price lifts off from support and moves back up to test the recent high.</p><p>We, of course, do our due diligence by going to all the resources Seeking Alpha supplies. We read the articles to see the pros and cons. SA tells us that the SA Quant System gives it a Hold rating. NVDA gets top ratings for Growth, Revisions, Profitability, and Momentum, but the lowest possible grade for Valuation. That explains why it is in a trading range and cannot break out. Seeking Alpha also tells us that SA analysts rate NVDA with a Buy rating, while Wall Street analysts have it as a strong Buy. That tells us that portfolio managers will once again come in and buy NVDA on weakness.</p><p>Below is our Watchlist, and you can see NVDA is on the list. You can also see it has our most important Buy Signal, color-coded green, in the SID column. NVDA is the only stock on this list that has triggered our buy-on-weakness signal shown in the Tmg column.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c164b0e3c9b8a82ce8aaec54c79cad97\" tg-width=\"640\" tg-height=\"567\"/></p><p>NVDA triggers our buy-on-weakness signal shown in the Tmg column. (Daily Index Beaters)</p><p></p><p>Here is our weekly chart for NVDA. At the top of the chart is our most important SID Buy Signal that uses both fundamentals and technicals:</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/143d7936f74f341f975bb375f2e3f247\" tg-width=\"640\" tg-height=\"853\"/></p><p>NVDA pulls back triggering our buy-on-weakness signal (StockCharts.com)</p><p><strong>NOTE</strong>: The trading range is between $400 and $500. Buyers come in at ~$400 and sellers at ~$500. We expect this pattern to repeat based on ratings by Seeking Alpha, Wall Street, and our own SID Buy Signal.</p></body></html>","source":"seekingalpha","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>Nvidia Has Triggered Our Buy-On-Weakness Signal (Technical Analysis)</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNvidia Has Triggered Our Buy-On-Weakness Signal (Technical Analysis)\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-12-06 15:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4656046-nvidia-has-triggered-our-buy-on-weakness-signal-technical-analysis><strong>Seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nvidia Corporation stock has triggered our buy-on-weakness signal, indicating potential buying opportunities for portfolio managers.The company's strong ratings for growth, revisions, profitability, ...</p>\n\n<a href=\"https://seekingalpha.com/article/4656046-nvidia-has-triggered-our-buy-on-weakness-signal-technical-analysis\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0786609619.USD":"高盛全球千禧一代股票组合Acc","BK4534":"瑞士信贷持仓","BK4567":"ESG概念","BK4585":"ETF&股票定投概念","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","LU0708995401.HKD":"FRANKLIN U.S. OPPORTUNITIES \"A\" (HKD) ACC","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","BK4587":"ChatGPT概念","IE00BD6J9T35.USD":"NEUBERGER BERMAN NEXT GENERATION MOBILITY \"A\" (USD) ACC","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","BK4579":"人工智能","BK4550":"红杉资本持仓","BK4141":"半导体产品","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","LU0079474960.USD":"联博美国增长基金A","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc","LU0889565833.HKD":"FRANKLIN TECHNOLOGY \"A\" (HKD) ACC","BK4551":"寇图资本持仓","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU0056508442.USD":"贝莱德世界科技基金A2","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU1242518857.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"I\" (USD) ACC","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","IE00BMPRXN33.USD":"NEUBERGER BERMAN 5G CONNECTIVITY \"A\" (USD) ACC","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","BK4549":"软银资本持仓","LU0820562030.AUD":"ALLIANZ INCOME AND GROWTH \"AMH2\" (AUDHDG) H2 INC","LU0109392836.USD":"富兰克林科技股A","BK4548":"巴美列捷福持仓","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","BK4529":"IDC概念","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","LU0097036916.USD":"贝莱德美国增长A2 USD","NVDA":"英伟达","BK4554":"元宇宙及AR概念","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","BK4532":"文艺复兴科技持仓","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC"},"source_url":"https://seekingalpha.com/article/4656046-nvidia-has-triggered-our-buy-on-weakness-signal-technical-analysis","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2389168725","content_text":"Nvidia Corporation stock has triggered our buy-on-weakness signal, indicating potential buying opportunities for portfolio managers.The company's strong ratings for growth, revisions, profitability, and momentum suggest that portfolio managers will likely buy on weakness.Nvidia is in a trading range between $400 and $500, with buyers coming in around $400 and sellers around $500.Justin SullivanNvidia Corporation (NASDAQ:NVDA) just triggered our buy-on-weakness signal in the Timing (\"Tmg\") column of the report shown below. It already has our most important Buy Signal shown in the SID column. This SID signal uses both fundamentals and technicals. NVDA is already in our 2024 Model Portfolio.Why is our Timing signal so important? It alerts us to see if portfolio managers will come back into NVDA and once again start buying on weakness. We know that portfolio managers do not like to chase price, and because they are buying in size, they have to wait for a pullback to start buying. This happens consistently with NVDA. The only thing we don't know is how low the price has to go before they start buying. But we don't have to know that because our Confirm, or Cfrm, signal in the Cfrm column of the report below will tell us when they start buying NVDA again.Since Nvidia stock is already in our Model Portfolio, we could Sell calls to make some money as NVDA price drops to support. Then we could buy calls when we see the Cfrm signal is triggered as the price lifts off from support and moves back up to test the recent high.We, of course, do our due diligence by going to all the resources Seeking Alpha supplies. We read the articles to see the pros and cons. SA tells us that the SA Quant System gives it a Hold rating. NVDA gets top ratings for Growth, Revisions, Profitability, and Momentum, but the lowest possible grade for Valuation. That explains why it is in a trading range and cannot break out. Seeking Alpha also tells us that SA analysts rate NVDA with a Buy rating, while Wall Street analysts have it as a strong Buy. That tells us that portfolio managers will once again come in and buy NVDA on weakness.Below is our Watchlist, and you can see NVDA is on the list. You can also see it has our most important Buy Signal, color-coded green, in the SID column. NVDA is the only stock on this list that has triggered our buy-on-weakness signal shown in the Tmg column.NVDA triggers our buy-on-weakness signal shown in the Tmg column. (Daily Index Beaters)Here is our weekly chart for NVDA. At the top of the chart is our most important SID Buy Signal that uses both fundamentals and technicals:NVDA pulls back triggering our buy-on-weakness signal (StockCharts.com)NOTE: The trading range is between $400 and $500. Buyers come in at ~$400 and sellers at ~$500. We expect this pattern to repeat based on ratings by Seeking Alpha, Wall Street, and our own SID Buy Signal.","news_type":1},"isVote":1,"tweetType":1,"viewCount":391,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}