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2023-02-01
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2023-01-03
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7 Stocks That Are About to Get Absolutely Crushed
Despite dropping substantially in 2022, these seven stocks to sell could get buried further in the y
7 Stocks That Are About to Get Absolutely Crushed
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2022-12-08
Go go!
3 China Stocks That Could Rebound in 2023, According to Analysts
Story HighlightsChinese tech stocks have been heating up of late, even with a potential global reces
3 China Stocks That Could Rebound in 2023, According to Analysts
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2022-11-14
Not so happy after all
Disney Plans to Freeze Hiring, Cut Some Jobs -Memo
Nov 11 (Reuters) - Walt Disney Co is planning to freeze hiring and cut some jobs, as it strives to m
Disney Plans to Freeze Hiring, Cut Some Jobs -Memo
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2022-11-14
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How Starbucks Benefits from China’s Easing COVID-19 Restrictions
Story HighlightsChina plans to reopen its economy after a prolonged period of COVID-related lockdown
How Starbucks Benefits from China’s Easing COVID-19 Restrictions
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2022-11-09
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Investing In Nvidia's Cloud AI Prospects Makes Sense
SummaryNvidia's new H100, which hyperscalers can deploy as part of their huge clouds can deliver six
Investing In Nvidia's Cloud AI Prospects Makes Sense
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2022-11-09
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Even At The 12-Month Low, Tesla Is Not A Compelling Buy
SummaryTSLA is trading at 12-month lows.Rising interest rates, Q3's revenue miss, and slowing sales
Even At The 12-Month Low, Tesla Is Not A Compelling Buy
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2022-10-15
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2022-10-15
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Alibaba Q3: Time To Consider An Option Play
SummaryAlibaba stock prices continue to be directed by short-term events and disjointed from busines
Alibaba Q3: Time To Consider An Option Play
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2022-10-15
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US STOCKS-Wall St Drops As Consumer Data Stokes Inflation Worry
* JPM reports higher-than-expected Q3 profit* S&P 500, Nasdaq post weekly declines* U.S. consumer se
US STOCKS-Wall St Drops As Consumer Data Stokes Inflation Worry
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0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n7 Stocks That Are About to Get Absolutely Crushed\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-03 23:32 GMT+8 <a href=https://investorplace.com/2023/01/stocks-to-sell-7-that-are-about-to-get-absolutely-crushed/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Despite dropping substantially in 2022, these seven stocks to sell could get buried further in the year ahead.Airbnb(ABNB): The short-term rental platform’s shares remain richly priced, and its future...</p>\n\n<a href=\"https://investorplace.com/2023/01/stocks-to-sell-7-that-are-about-to-get-absolutely-crushed/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","COIN":"Coinbase Global, Inc.","UPST":"Upstart Holdings, Inc.","FSLR":"第一太阳能","ABNB":"爱彼迎","NVDA":"英伟达","GME":"游戏驿站"},"source_url":"https://investorplace.com/2023/01/stocks-to-sell-7-that-are-about-to-get-absolutely-crushed/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1193516696","content_text":"Despite dropping substantially in 2022, these seven stocks to sell could get buried further in the year ahead.Airbnb(ABNB): The short-term rental platform’s shares remain richly priced, and its future results could fall short of the Street’s forecasts.Coinbase(COIN): As most retail traders continue to shun crypto, this exchange operator’s fortunes will keep moving in the wrong direction.First Solar(FSLR): Investors have gone overboard with this solar stockGameStop(GME): The meme legend remains likely to eventually slide back to its pre-meme stock price.Nvidia(NVDA): The chipmaker has more room to drop, as the semiconductor industry slowdown continues.Tesla(TSLA): The EV maker is not a steal at its current prices.Upstart Holdings(UPST): The story behind this former “hot stock” could keep unraveling.After a rough year for investors in 2022, will it be all uphill for them in 2023? That will not necessarily be the case. As the factors driving the market lower over the past 12 months persist, plenty of stocks, including some names that have experienced huge drops from their highs, remain stocks to sell.The valuation of some of these stocks remain quite elevated. That’s because, although richly priced growth stocks have been particularly hard hit due to the rapid rise of interest rates. many names remain overpriced relative to their respective, future prospects.Additionally, some stocks will drop further because their fundamentals are deteriorating. With spiking interest rates weighing on economic growth and some economists expecting GDP to contract this year, many companies that were ‘”crushing it” during the pandemic era are at risk of getting “crushed.”Investors should unload or steer clear of these seven stocks to sell. Each one of them could get buried further in 2023.Airbnb (ABNB)After falling nearly 50% over the past year, Airbnb(NASDAQ: ABNB) may already reflect the end of the “revenge travel” boom, some may argue. Yet despite the big drop of ABNB’s price, the shares are likely to drop further due to two factors that I highlighted in the introduction: Valuation and worsening fundamentals.Right now, ABNB stock trades for 35.5 times its earnings. That would arguably be a reasonable valuation if the company was still poised to grow rapidly. But with analysts’ estimates calling for the firm to deliver earnings growth of just8.1%in the next year, ABNB’s current price-earnings ratio is excessive.Even worse, its results in the coming year could fall to meet analysts’ average estimate. At least, that’s the view of Morgan Stanley analyst Brian Nowak. On Dec. 6, he downgraded ABNB, citing factors such as its slowing active listings growth, as well as concerns that the future increases in its occupancy rates will fall short of forecasts.Coinbase (COIN)After tumbling 86% last year, Coinbase(NASDAQ: COIN) may seem at first glance to have a positive risk-reward ratio and provide investors with a good way to bet on a cryptocurrency recovery. Unfortunately, while the shares of the crypto-exchange operator are significantly cheaper today than they were at the start of 2022, there are many reasons to believe that the stock will sink further over the next 12 months.As veteran investor and InvestorPlace contributor Louis Navellier argued in his Dec. 16 column, COIN stock will likely tumble deeper into the icy “crypto winter waters”in 2023. After cryptos had already been burned by the big, across-the-board decline of cryptocurrency prices, the recent FTX scandal has provided retail investors with yet another reason to avoid the asset class.With many retail investors shunning cryptos, it’s difficult to imagine Coinbase’s revenue, which is expected to have dropped by more than 50% in 2022, making much of a recovery this year. With the odds of another “crypto boom” emerging in the future tiny, COIN will probably continue to crumble.First Solar (FSLR)In contrast to most of the other stocks to sell in this column, First Solar(NASDAQ: FSLR) was on a tear last year, jumping 72%. Its gain was thanks mostly to the Inflation Reduction Act, which was signed into law by President Biden in August.The law provides ample tax incentives and subsidies to the renewable energy sector. Yet while the legislation is set to boost the company, it’s possible that the market has gone overboard pricing this positive catalyst into FSLR stock. Indeed, the shares today trade for 169 times its earnings.Although many believe that First Solar’s profitability will skyrocket next year, that may not happen. As a Seeking Alpha commentator recently argued,a looming recession and tough competition suggest that the company’s profits will fall short of the Street’s outlook.While FSLR is still a market darling now, that may not remain the case for long.GameStop (GME)The “meme stocks” trend is so 2021. But even in the early stages of 2023 the “meme king, ”GameStop(NYSE:GME), has held onto a modest amount of its gains from the speculative frenzy that transpired nearly two years ago.Yet while GameStop is faring better than many of its meme peers like AMC Entertainment(NYSE:AMC), don’t assume GME will keep holding up. The shares continue to be valued primarily on the perceived potential of GameStop’s nascent e-commerce and non-fungible token (or NFT) exchange ventures. However, the future prospects of these endeavors, which are arguably “moonshots,” are extremely murky.Furthermore, GameStop’s core brick-and-mortar retail business continues to flounder, as the video game industry enters a slump. As the company burns through more of its$1 billion of cash, GME stock looks to be on track to keep falling steadily back to its pre-meme price levels. In other words, it’s probably going to fall below $5 per share.Nvidia (NVDA)Nvidia(NASDAQ: NVDA) stock is also partially, but not fully, pricing in the macroeconomic challenges facing companies. The chipmaker definitely “crushed it” during the pandemic era. Between its fiscal 2020 and FY22, its revenue more than doubled, while its earnings more than tripled.However, with the demand for its CPU and GPU chips softening, analysts, on average, expect its revenue to be little changed this fiscal year compared with the last one. What’s more, analysts’ mean estimate calls for its earnings to decline 15.6%, to $3.30 per share. Not only that, but NVDA’s situation could worsen in FY23, as another“chip glut”isn’t out of the question.Given these points, along with the fact that NVDA stock trades at a pricey 62 times its trailing earnings, the stock is unlikely to climb a great deal and is poised to sink much further.After this year’s tech selloff, many names are now appealing, but NVDA isn’t one of them.Tesla (TSLA)In 2020 and 2021, Tesla(NASDAQ: TSLA) slayed its skeptics, as the electric vehicle maker’s earnings skyrocketed, and EV stocks soared as the sector entered bubble territory.Over the past year, though, TSLA stock, at one time seemingly unsinkable, has fallen considerably, causing the shares’ forward price-earnings multiple to tumble. As a result, some believe that the shares have become a steal. So is it time to go bottom fishing with Tesla? Not so fast!Believing that TSLA (trading for 22 times forward earnings) is a buy may just be an example of giving too much value to its huge decline.That’s because the circumstances that drove this stock to its prior, lofty highs aren’t likely to re-emerge. In fact, as it becomes clearer that Tesla is a car company which is not immune to the cyclical nature of the auto business, its valuation may sink to levels more in line with that of the incumbent automakers.Upstart Holdings (UPST)It may seem odd to say that Upstart Holdings(NASDAQ:UPST) still belongs in the “stocks to sell” category, since the shares of the fintech firm currently trade at levels which are light years away from their all-time high. Yet much like Tesla, the “story” behind this former “hot stock” has unraveled.As I’ve argued previously, the market in 2021overestimated the ability of Upstart’s AI-powered loan underwriting platform to “disrupt” the lending industry. Investors who bought UPST stock near its all-time high paid dearly for their decision, as the company’s growth screeched to a halt, and concerns about its underwriting methods spiked.Even after UPST dropped 91% last year, it can suffer another decline of around 18%. Its unraveling can continue if its transaction volumes keep falling and its default rates rise going forward.","news_type":1,"symbols_score_info":{"FSLR":0.9,"ABNB":0.9,"TSLA":0.9,"NVDA":0.9,"UPST":0.9,"COIN":0.9,"GME":0.9}},"isVote":1,"tweetType":1,"viewCount":2697,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9920593534,"gmtCreate":1670513819928,"gmtModify":1676538383837,"author":{"id":"3582371848241817","authorId":"3582371848241817","name":"SeC","avatar":"https://static.tigerbbs.com/a226cf90d6854e9178341c90697ce373","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582371848241817","idStr":"3582371848241817"},"themes":[],"htmlText":"Go go!","listText":"Go go!","text":"Go go!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9920593534","repostId":"1116584413","repostType":4,"repost":{"id":"1116584413","kind":"news","pubTimestamp":1670513955,"share":"https://ttm.financial/m/news/1116584413?lang=&edition=fundamental","pubTime":"2022-12-08 23:39","market":"us","language":"en","title":"3 China Stocks That Could Rebound in 2023, According to Analysts","url":"https://stock-news.laohu8.com/highlight/detail?id=1116584413","media":"TipRanks","summary":"Story HighlightsChinese tech stocks have been heating up of late, even with a potential global reces","content":"<div>\n<p>Story HighlightsChinese tech stocks have been heating up of late, even with a potential global recession on the horizon. As 2023 kicks in, top internet titans like Alibaba, JD.com, and Pinduoduo may ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/3-china-stocks-that-could-rebound-in-2023-according-to-analysts\">Web Link</a>\n\n</div>\n","source":"lsy1606183248679","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>3 China Stocks That Could Rebound in 2023, According to Analysts</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\">\n3 China Stocks That Could Rebound in 2023, According to Analysts\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-08 23:39 GMT+8 <a href=https://www.tipranks.com/news/article/3-china-stocks-that-could-rebound-in-2023-according-to-analysts><strong>TipRanks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Story HighlightsChinese tech stocks have been heating up of late, even with a potential global recession on the horizon. As 2023 kicks in, top internet titans like Alibaba, JD.com, and Pinduoduo may ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/3-china-stocks-that-could-rebound-in-2023-according-to-analysts\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","09618":"京东集团-SW","JD":"京东","09988":"阿里巴巴-W","PDD":"拼多多"},"source_url":"https://www.tipranks.com/news/article/3-china-stocks-that-could-rebound-in-2023-according-to-analysts","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1116584413","content_text":"Story HighlightsChinese tech stocks have been heating up of late, even with a potential global recession on the horizon. As 2023 kicks in, top internet titans like Alibaba, JD.com, and Pinduoduo may have the most room to run as they look to claw back from the depths of the abyss.Chinese stocks have been in a world of pain well before the S&P 500 (SPX) plunged into a bear market in 2022. Indeed, many investors and talking heads have slapped the unenviable title of “uninvestable” on Chinese stocks, given how difficult it is to gauge their inherent risks. Indeed, delisting concerns and other issues based on exogenous events make it hard to value even the “cheapest” Chinese internet ADRs (American Depository Receipts). Despite the added risks of investing in Chinese stocks, many Wall Street analysts continue to view names like Alibaba (NASDAQ: BABA), JD.com (NASDAQ: JD), and Pinduoduo (NASDAQ: PDD) favorably.There’s no doubt that U.S. investors have been burned by Chinese names in recent years. With swollen regulatory risk discounts and considerable growth to be had over the long run, China’s top internet plays may still be worth considering while they’re miles away from their peaks.Let’s check in on three Strong-Buy-rated Chinese tech titans that Wall Street expects great things from in 2023.Alibaba (BABA)Alibaba is probably the first firm that comes to mind to American investors looking for Chinese tech exposure. It’s been a slow, painful descent for one of China’s most FAANG-like stocks. After plunging by around 80% from peak to trough, BABA stock has shown signs of life in recent weeks, rallying by around 52% off the October trough.Whether the recent rally lasts remains to be seen. Regardless, it’s hard for value-conscious investors to overlook the absurdly-low 1.9 times price-to-sales (P/S) multiple.At these depths, even the slightest positive news could have a significant impact on the stock. With Chinese stocks bouncing due to easing COVID-19 restrictions, Alibaba and the broader basket may, once again, be unignorable as consumer spending looks to heal. Arguably, Alibaba has the most to gain as China reopens its economy and the worst recession fears come to pass.What is the Price Target for BABA Stock?Wall Street is sticking with its “Strong Buy” rating on Alibaba stock, with 15 unanimous Buy recommendations. The average BABA stock price target of $133.73 implies a solid 51.4% gain from here.JD.com (JD)JD.com is an e-commerce player that rallied sharply in recent weeks after enduring a nearly two-year-long 64% plunge. Driven by easing COVID-19 restrictions and a huge third-quarter beat that saw per-share earnings crush estimates ($0.90 EPS vs. $0.70 consensus), JD stock now seems to have the most technical strength behind it.At just 0.6 times sales, JD stock has some low expectations in mind ahead of what’s likely to be a global recession. As China looks to loosen its strict zero-COVID policy, JD could be one of the bigger beneficiaries.In a rising-rate world, U.S. investors can appreciate JD’s latest profitability surge. The company is well-positioned to continue driving margins higher as it looks to take a page out of the playbook of an early Amazon (NASDAQ:AMZN).What is the Price Target for JD Stock?Wall Street loves JD stock, with a “Strong Buy” consensus rating. The average JD stock price target of $77.69 implies 32.92% gains from current levels.Pinduoduo (PDD)Pinduoduo is a Chinese e-commerce play that’s suffered the biggest hit to the chin amid China’s horrific tech sell-off. From peak to trough, shares shed more than 83% of their value. Since bottoming earlier this year, though, PDD stock has been really heating up, rewarding dip-buyers who gave the digital retail play the benefit of the doubt. Shares are now up around 265% from their 2022 lows.Indeed, Pinduoduo is the spiciest Chinese internet stock, but one that could deliver the biggest gains in a turnaround scenario. The recent third-quarter beat was a blowout ($1.23 EPS vs. $0.69 consensus). As the company continues to impress despite the dire macro conditions, growth-savvy investors willing to stomach the risks may be enticed to get back into the name.At 6.4 times sales and 30 times trailing earnings, PDD stock is one of the pricier Chinese e-commerce firms. After six straight sizeable bottom-line beats, though, I view the name as compelling.What is the Price Target for PDD Stock?Wall Street continues to pound the table on Pinduoduo. The average PDD stock price target of $99.51 implies 15.95% gains from here.Conclusion: Wall Street is Most Bullish on BABAIndeed, recent momentum in Chinese stocks may reignite enthusiasm. A sustained rally into 2023 may even cause pundits to shed their “uninvestable” status. Of the three names in this piece, Wall Street expects the biggest gains from Alibaba stock.","news_type":1,"symbols_score_info":{"PDD":0.9,"09618":0.9,"09988":0.9,"BABA":0.9,"JD":0.9}},"isVote":1,"tweetType":1,"viewCount":1999,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9969386134,"gmtCreate":1668355479228,"gmtModify":1676538044399,"author":{"id":"3582371848241817","authorId":"3582371848241817","name":"SeC","avatar":"https://static.tigerbbs.com/a226cf90d6854e9178341c90697ce373","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582371848241817","idStr":"3582371848241817"},"themes":[],"htmlText":"Not so happy after all","listText":"Not so happy after all","text":"Not so happy after all","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9969386134","repostId":"2282435542","repostType":4,"repost":{"id":"2282435542","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1668209527,"share":"https://ttm.financial/m/news/2282435542?lang=&edition=fundamental","pubTime":"2022-11-12 07:32","market":"us","language":"en","title":"Disney Plans to Freeze Hiring, Cut Some Jobs -Memo","url":"https://stock-news.laohu8.com/highlight/detail?id=2282435542","media":"Reuters","summary":"Nov 11 (Reuters) - Walt Disney Co is planning to freeze hiring and cut some jobs, as it strives to m","content":"<html><head></head><body><p>Nov 11 (Reuters) - Walt Disney Co is planning to freeze hiring and cut some jobs, as it strives to move the Disney+ streaming service to profitability amid a period of economic uncertainty, according to a memo seen by Reuters on Friday.</p><p>Chief Executive Bob Chapek sent the memo to Disney's division leaders, saying the company is instituting a targeted hiring freeze and anticipates "some small staff reductions" as it looks to manage costs.</p><p>"While certain macroeconomic factors are out of our control, meeting these goals requires all of us to continue doing our part to manage the things we can control -- most notably, our costs," wrote in the memo.</p><p>The move comes after Disney missed Wall Street estimates for quarterly earnings on Tuesday as the entertainment giant racked up more losses from its push into streaming video, which it refers to as its direct-to-consumer (DTC) business. Shares of the company fell more than 13% on Wednesday following its results.</p><p>Wall Street analysts voiced concern about Disney's escalating streaming costs, with MoffettNathanson analyst Michael Nathanson observing, in a note earlier this week, "the company has to prove that their pivot to DTC will be worth the investment price that is currently being paid."</p><p>Corporate America is making deep cuts to its employee base to brace for an economic downturn. <a href=\"https://laohu8.com/S/META\">Meta Platforms</a> said earlier this week it would cut more than 11,000 jobs, or 13% of its workforce to rein in costs.</p><p>Chapek said the company has established a task force, with Chief Financial Officer Christine McCarthy and General Counsel Horacio Gutierrez, to help him make "critical big picture decisions."</p><p>The company already has begun looking at content and marketing spending, but Chapek said the cuts would not sacrifice quality.</p><p>Hiring will be limited to a small subset of critical positions, and some staff reductions are anticipated, as the company looks to make itself more cost-efficient, he wrote.</p><p>Chapek said business travel would be limited and trips would require advance approval, or conducted virtually, as much as possible.</p><p>"Our transformation is designed to ensure we thrive not just today, but well into the future," Chapek wrote. </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>Disney Plans to Freeze Hiring, Cut Some Jobs -Memo</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDisney Plans to Freeze Hiring, Cut Some Jobs -Memo\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-11-12 07:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Nov 11 (Reuters) - Walt Disney Co is planning to freeze hiring and cut some jobs, as it strives to move the Disney+ streaming service to profitability amid a period of economic uncertainty, according to a memo seen by Reuters on Friday.</p><p>Chief Executive Bob Chapek sent the memo to Disney's division leaders, saying the company is instituting a targeted hiring freeze and anticipates "some small staff reductions" as it looks to manage costs.</p><p>"While certain macroeconomic factors are out of our control, meeting these goals requires all of us to continue doing our part to manage the things we can control -- most notably, our costs," wrote in the memo.</p><p>The move comes after Disney missed Wall Street estimates for quarterly earnings on Tuesday as the entertainment giant racked up more losses from its push into streaming video, which it refers to as its direct-to-consumer (DTC) business. Shares of the company fell more than 13% on Wednesday following its results.</p><p>Wall Street analysts voiced concern about Disney's escalating streaming costs, with MoffettNathanson analyst Michael Nathanson observing, in a note earlier this week, "the company has to prove that their pivot to DTC will be worth the investment price that is currently being paid."</p><p>Corporate America is making deep cuts to its employee base to brace for an economic downturn. <a href=\"https://laohu8.com/S/META\">Meta Platforms</a> said earlier this week it would cut more than 11,000 jobs, or 13% of its workforce to rein in costs.</p><p>Chapek said the company has established a task force, with Chief Financial Officer Christine McCarthy and General Counsel Horacio Gutierrez, to help him make "critical big picture decisions."</p><p>The company already has begun looking at content and marketing spending, but Chapek said the cuts would not sacrifice quality.</p><p>Hiring will be limited to a small subset of critical positions, and some staff reductions are anticipated, as the company looks to make itself more cost-efficient, he wrote.</p><p>Chapek said business travel would be limited and trips would require advance approval, or conducted virtually, as much as possible.</p><p>"Our transformation is designed to ensure we thrive not just today, but well into the future," Chapek wrote. </p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DIS":"迪士尼"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2282435542","content_text":"Nov 11 (Reuters) - Walt Disney Co is planning to freeze hiring and cut some jobs, as it strives to move the Disney+ streaming service to profitability amid a period of economic uncertainty, according to a memo seen by Reuters on Friday.Chief Executive Bob Chapek sent the memo to Disney's division leaders, saying the company is instituting a targeted hiring freeze and anticipates \"some small staff reductions\" as it looks to manage costs.\"While certain macroeconomic factors are out of our control, meeting these goals requires all of us to continue doing our part to manage the things we can control -- most notably, our costs,\" wrote in the memo.The move comes after Disney missed Wall Street estimates for quarterly earnings on Tuesday as the entertainment giant racked up more losses from its push into streaming video, which it refers to as its direct-to-consumer (DTC) business. Shares of the company fell more than 13% on Wednesday following its results.Wall Street analysts voiced concern about Disney's escalating streaming costs, with MoffettNathanson analyst Michael Nathanson observing, in a note earlier this week, \"the company has to prove that their pivot to DTC will be worth the investment price that is currently being paid.\"Corporate America is making deep cuts to its employee base to brace for an economic downturn. Meta Platforms said earlier this week it would cut more than 11,000 jobs, or 13% of its workforce to rein in costs.Chapek said the company has established a task force, with Chief Financial Officer Christine McCarthy and General Counsel Horacio Gutierrez, to help him make \"critical big picture decisions.\"The company already has begun looking at content and marketing spending, but Chapek said the cuts would not sacrifice quality.Hiring will be limited to a small subset of critical positions, and some staff reductions are anticipated, as the company looks to make itself more cost-efficient, he wrote.Chapek said business travel would be limited and trips would require advance approval, or conducted virtually, as much as possible.\"Our transformation is designed to ensure we thrive not just today, but well into the future,\" Chapek wrote.","news_type":1,"symbols_score_info":{"DIS":1}},"isVote":1,"tweetType":1,"viewCount":1713,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9969386366,"gmtCreate":1668355458656,"gmtModify":1676538044398,"author":{"id":"3582371848241817","authorId":"3582371848241817","name":"SeC","avatar":"https://static.tigerbbs.com/a226cf90d6854e9178341c90697ce373","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582371848241817","idStr":"3582371848241817"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9969386366","repostId":"1130114489","repostType":4,"repost":{"id":"1130114489","kind":"news","pubTimestamp":1668213490,"share":"https://ttm.financial/m/news/1130114489?lang=&edition=fundamental","pubTime":"2022-11-12 08:38","market":"us","language":"en","title":"How Starbucks Benefits from China’s Easing COVID-19 Restrictions","url":"https://stock-news.laohu8.com/highlight/detail?id=1130114489","media":"TipRanks","summary":"Story HighlightsChina plans to reopen its economy after a prolonged period of COVID-related lockdown","content":"<div>\n<p>Story HighlightsChina plans to reopen its economy after a prolonged period of COVID-related lockdowns. This bodes well for Starbucks, which is looking to operate 9,000 stores in China by 2025.Now that...</p>\n\n<a href=\"https://www.tipranks.com/news/article/how-starbucks-nasdaqsbux-benefits-from-chinas-easing-covid-19-restrictions\">Web Link</a>\n\n</div>\n","source":"lsy1606183248679","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>How Starbucks Benefits from China’s Easing COVID-19 Restrictions</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\">\nHow Starbucks Benefits from China’s Easing COVID-19 Restrictions\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-12 08:38 GMT+8 <a href=https://www.tipranks.com/news/article/how-starbucks-nasdaqsbux-benefits-from-chinas-easing-covid-19-restrictions><strong>TipRanks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Story HighlightsChina plans to reopen its economy after a prolonged period of COVID-related lockdowns. This bodes well for Starbucks, which is looking to operate 9,000 stores in China by 2025.Now that...</p>\n\n<a href=\"https://www.tipranks.com/news/article/how-starbucks-nasdaqsbux-benefits-from-chinas-easing-covid-19-restrictions\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SBUX":"星巴克"},"source_url":"https://www.tipranks.com/news/article/how-starbucks-nasdaqsbux-benefits-from-chinas-easing-covid-19-restrictions","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1130114489","content_text":"Story HighlightsChina plans to reopen its economy after a prolonged period of COVID-related lockdowns. This bodes well for Starbucks, which is looking to operate 9,000 stores in China by 2025.Now that China is planning to ease its COVID-19 restrictions, many companies in the U.S. also stand to gain. Among them is Starbucks (NASDAQ:SBUX), which was hurting from persistent lockdowns.Starbucks is still in the nascent stages of expansion in China and expects to operate 9,000 stores across China by 2025. The company aims to achieve this by opening one store every nine hours in the country for the next three years. Even now, Starbucks has significant exposure in China currently, with more than 6,000 stores in the country.China’s zero-COVID policy has been heavily impacting the company’s international revenues and other metrics. International revenues in its recent quarter declined 7% year-over-year due to a 5% plunge in comparable store sales owing to the restrictions in China. Not only that, but the lockdowns also led to a 750 basis-point contraction in its operating margin. Overall, revenues from China were down 20% year-over-year during the quarter.With the stock down more than 15% year-to-date, the easing of restrictions can give it a much-needed boost as travel to and from China opens up a little more, and local traffic to Starbucks stores increases. Traffic momentum is expected to build from here.BTIG analyst Peter Saleh expects Starbucks’ same-store sales in China to surge remarkably as a result of pent-up demand once the restrictions ease. He believes that this, coupled with the new-store-every-nine-hours strategy, should “unlock significant earnings power as the year progresses and into FY24.”Is SBUX Stock a Buy, Sell, or Hold?Peter Saleh maintained his bullishness on SBUX stock with a Buy rating and price target of $110. Other than that, trading at 27.5x forward earnings (two years out), Starbucks looks reasonably valued relative to its decade-high P/E of 97.6x.Wall Street is cautiously optimistic, though, with a Moderate Buy consensus estimate based on 13 Buys and 10 Holds. The average SBUX price target of $100.35 indicates a 2.5% upside potential to the current price level.Takeaway: Starbucks is on a Solid TrajectoryEasing of China restrictions means more people on the roads, in offices, and in institutions. It also means more business, more pent-up demand, and hence more footfall to Starbucks’ 6,000 stores in China. This creates a solid upside to stock prices. Given that the momentum is expected to build from here, this seems like a good time to make an investment in the shares.","news_type":1,"symbols_score_info":{"SBUX":0.9}},"isVote":1,"tweetType":1,"viewCount":2086,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9987732068,"gmtCreate":1667989016254,"gmtModify":1676537995245,"author":{"id":"3582371848241817","authorId":"3582371848241817","name":"SeC","avatar":"https://static.tigerbbs.com/a226cf90d6854e9178341c90697ce373","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582371848241817","idStr":"3582371848241817"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9987732068","repostId":"1169813914","repostType":4,"repost":{"id":"1169813914","kind":"news","pubTimestamp":1667987781,"share":"https://ttm.financial/m/news/1169813914?lang=&edition=fundamental","pubTime":"2022-11-09 17:56","market":"other","language":"en","title":"Investing In Nvidia's Cloud AI Prospects Makes Sense","url":"https://stock-news.laohu8.com/highlight/detail?id=1169813914","media":"Seeking Alpha","summary":"SummaryNvidia's new H100, which hyperscalers can deploy as part of their huge clouds can deliver six","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>Nvidia's new H100, which hyperscalers can deploy as part of their huge clouds can deliver six times the performance of the previous generation A100.</li><li>It also offers them better returns on investments which signifies faster adoption even by smaller cloud providers in the U.S., offsetting revenue shortfalls from Chinese hyperscalers crippled by export restrictions.</li><li>To be realistic, the competition also needs to be factored in, as well as supply chain issues with geopolitical tensions running high, as AI has now become the new battleground.</li><li>This is the reason why investors can also consider SOXX, as more industry verticals adopt intelligent processing to make sense of the vast amounts of data collected in real time.</li><li>Therefore, to take advantage of cloud AI as the next frontier of GPU-based computing, you can invest in Nvidia, or go for the ETF option through SOXX, but bear in mind that volatility reigns.</li></ul><p>With U.S. export restrictions forbidding NVIDIA (NASDAQ: NVDA) to export some of its most advanced GPU chips like the A100 and the H100 chips to China, the company could lose$400 million. As a result of this loss and also because of the gloom encapsulating the semiconductor industry because of demand concerns, the stock is down by more than 50% in the last year, as shown in the blue chart below. In the meantime, the iShares Semiconductor ETF (SOXX) which dedicates 7.65% of its assets to Nvidia's shares has suffered less.</p><p><img src=\"https://static.tigerbbs.com/29004d9cd1cfad172134a366abf7b71d\" tg-width=\"635\" tg-height=\"433\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Data by YCharts</p><p>Now, there has some optimism around the company’s gaming business with its new RTX 40 series processors, but, let us be realistic as you cannot expect people to continue playing more games than they used to play during the Covid lockdowns.</p><p>Instead, the objective of this thesis is to explore the additional cloud AI (artificial intelligence) sales opportunities enabled by Nvidia's GPU processors, but also bearing in mind competition from Advanced Micro Devices (AMD) and Intel (INTC), SOXX can be viewed as an optional investment.</p><p>First, it is important to make the connection between AI and graphics processing units or GPUs, and for this purpose, I take inspiration from Nvidia's CEOpresentationseven months back.</p><p><b>The Relation between AI and GPUs</b></p><p>The AI company turned a humble graphics card into the H100 GPU processor so powerful that it can now serve as a strategic advantage, not only for the U.S. military but also economically for America’s public cloud giants (hyperscalers) like Microsoft (MSFT) as I recently explained in an article.</p><p>In this case, the difference between a CPU or central processing unit as supplied by Intel and which is required by default in all PCs or servers is that the GPU as its name implies is graphics-intensive, with Nvidia's technology enabling more computations to be performed at the same time, or in parallel. This means faster processing with gaming application developers preferring Nvidia's GPUs to Intel's CPUs.</p><p>Exploring further, GPUs are also ideal for low latency (high-speed) 3D applications spanning every industry, including financials, life sciences, and logistics companies. One example is Amazon (AMZN) using Nvidia's chips for designing a digital twin(real-time replica) of its supply chain.</p><p>However, AI remains expensive, but with the public cloud model, it has become more affordable as companies no longer need to buy dedicated servers but can instead rent GPU time on a monthly, weekly, or even hourly basis from hyperscalers. Acting as an enabler, the H100 can be portioned into 7 instances, a feat which could also be achieved by the previous generation A100 (table below) but at the expense of per-instance isolation and IO virtualization. Without going into too many details, this means that each H100 can host 7 independent cloud tenants compared to only one for the A100.</p><p>This in turn translates into more flexible cost dynamics for IaaS (Infrastructure-as-a-Service) providers, whereby they can obtain more cloud revenue by renting the same physical H100 GPU to more customers. Now, this is a nice development, but it is also important to value opportunities in order to provide actionable insights for investors.</p><p><b>Valuing the Opportunities</b></p><p>According to Tom’s Hardware, one A100 costs around $13K, while it is $33K for an H100 with the same configuration. However, since the Hopper can support 7 tenants while at the same time providing them with complete isolation, it comes to only 33/7 or about $4.7K per tenant. This is just an estimate as there are other factors like memory and networking to consider, but the bottom line is that the Hopper translates directly into better return on investments for cloud providers.</p><p><img src=\"https://static.tigerbbs.com/c7bcbea9fc67f3dd44435d402cffa290\" tg-width=\"631\" tg-height=\"393\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Table built using data from(www.nvidia.com)</p><p>On top, for security purposes, the H100 supports confidential computing for protecting data that is in use. Now, there are encryption and other protection mechanisms which protect data which is stored in a database or in transit, but there was none for protecting data being processed by AI algorithms, till the advent of H100 for GPU-based tasks.</p><p>Therefore, Nvidia is well suited to take on the global cloud AI market, which is forecasted to increase by$10.22 billion between 2021 and 2026. However, adopting some caution, the 20.26% YoY growth expected for 2022 may not be achieved due to supply chain issues. For this matter, the cloud AI GPUs supplied by Nvidia were also impacted by supply disruptions, but, the company still managed to increase its data center segment sales by61% in the second quarter of 2022 (ending in July) to $3.81 billion compared to 2021, with revenues from hyperscalers doubling in the period.</p><p>Thus, with an H100 offering better ROI, the Compute & Networking segment's (which includes Data Center platforms and systems for AI, HPC, and accelerated computing) revenue, which constituted41%of overall revenues for fiscal 2022 (ending January this year) with $15.87 billion could be boosted up. I estimate that the segment could generate $33.21 billion (15.87 x 1.61 x 1.3) in 2024, assuming 61% and 30% growth in fiscal 2023 and 2024, respectively. This would constitute an increase of nearly $2 billion over the $31.24 billion for fiscal 2024 estimated by analysts as shown in the table below.</p><p><img src=\"https://static.tigerbbs.com/fabe85d6f1290ce2e7a3d21db31c62f0\" tg-width=\"550\" tg-height=\"101\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Table Built using data from(www.seekingalpha.com)</p><p>This would in turn constitute a growth of 22.86% growth, or 7% more than the 15.61% predicted by analysts, which brings down the forward price-to-sales multiple from 11.28x to 7.7x ((11.28 x 15.61)/22.86)). Assumptions made are that gaming revenues would remain constant while shortfalls from China are offset by the Hopper being adopted by Dell (DELL), HPE (HPE), Inspur, and Supermicro as well as other Database-as-a-Service providers like Oracle(ORCL) as cloud competition evolves more to intelligent processing.</p><p><b>The Competition and the Rationale for SOXX</b></p><p>Achieving such a target will also depend on the supply chain being completely restored, but there is competition. Here, the company competes with AMD’sMI100 and MI200chips. Thus, while Nvidia should profit more with its H100, AMD should also profit from the shortage of GPUs currently impacting the industry. Looking at applications, use cases vary for analyzing data from vehicles fleet in order to train AI models, building high-definition maps and recommender systems where data has to be analyzed from various social media sources in order to recommend the products that have the best chance of being bought to customers.</p><p>Investors can view these two cases as using AI for decision-making instead of relying on manual data inputs (from human beings) which is not only time-consuming but is also costly in current high-inflation times.</p><p>Looking further, Intel also has AI accelerator cards specially built for data preprocessing, training, inferencing, and deployment. Furthermore, in addition to producing more advanced CPUs, has also started to produce graphics chips called GPU Flex for cloud gaming purposes.</p><p>These are the reasons why another option would be to invest in SOXX, which has a16.33%combined exposure to Nvidia, Intel, and AMD. In addition, as Ielaboratedpreviously, the iShares offers better exposure to chip equipment makers, who should benefit the most from the CHIPS Act.</p><p><img src=\"https://static.tigerbbs.com/490e8e549b808aaf83873ff43c1c89b7\" tg-width=\"447\" tg-height=\"435\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Table Built using data from(www.ishares.com)</p><p>This is the reason I prefer SOXX instead of the VanEck Semiconductor ETF (SMH) despite the latter's cheaper fees as shown below in the comparison table below.</p><p><b>Concluding With A Dose Of Caution</b></p><p>Therefore, this thesis has made the case for investment in Nvidia based on the fact that some of the innovations in its latest H100 processor can bring $2 billion, thereby offsetting the $400 million revenue shortfalls from Chinese hyperscalers. In this connection, based on the P/S of 7.7x, I obtain a target of $207.4 ((141.56 x 11.28) /7.7)) based on the current share price of $141.56. The company also has a superior profitability score ofA+.</p><p>However, this is for the long term, and while the company's technology remains superior, there are still supply chain issues, despite some market optimism. Along the same lines, an escalation of geopolitical tensions can be volatile to Nvidia's stock, which depends on Taiwan Semiconductor Manufacturing Company (TSM) for manufacturing its cutting-edge chips. Thus, the company's stock is not immune to further fluctuations.</p><p>Now, with several new industry verticals consuming AI services through the cloud instead of having to previously spend a lot of money building expensive on-premise infrastructures, it is also important to consider competitors AMD and Intel. In this respect, a judicious way to profit from cloud AI is through SOXX, which has suffered a 35.57% downside in the last year.</p><p><img src=\"https://static.tigerbbs.com/266a71930fd963cfb8bc0f4ab47c8d76\" tg-width=\"640\" tg-height=\"380\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Table Built using data from(www.seekingalpha.com)</p><p>Thus, with a 20% upside, the ETF could go above the $395 (329 x 1.2) level, but it is important to be prudent as the Fed Reserve hiking interest rates aggressively risk landing the economy into a recession, thus impacting demand. Also, semiconductor companies form part of growth stocks and may be adversely impacted by the rotation from growth to value.</p><p>In these circumstances, invest only if you have a long time horizon, and given that volatility should persist, I have a neutral position on Nvidia and SOXX for the short-to-medium term.</p><p>Finally, at the forefront of GPU-based AI developments and with an ability to execute profitably, Nvidia can simply not be ignored as cloud competition intensifies, with the void created by the likes of Chinese hyperscalers like Tencent (OTCPK:TCEHY) being denied of semiconductors likely to be filled by other providers in America and Europe.</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>Investing In Nvidia's Cloud AI Prospects Makes Sense</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\">\nInvesting In Nvidia's Cloud AI Prospects Makes Sense\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-09 17:56 GMT+8 <a href=https://seekingalpha.com/article/4555106-nvidia-investing-in-nvda-cloud-ai-prospects-makes-sense><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryNvidia's new H100, which hyperscalers can deploy as part of their huge clouds can deliver six times the performance of the previous generation A100.It also offers them better returns on ...</p>\n\n<a href=\"https://seekingalpha.com/article/4555106-nvidia-investing-in-nvda-cloud-ai-prospects-makes-sense\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达","SOXX":"iShares费城交易所半导体ETF","SMH":"半导体指数ETF-HOLDRs"},"source_url":"https://seekingalpha.com/article/4555106-nvidia-investing-in-nvda-cloud-ai-prospects-makes-sense","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169813914","content_text":"SummaryNvidia's new H100, which hyperscalers can deploy as part of their huge clouds can deliver six times the performance of the previous generation A100.It also offers them better returns on investments which signifies faster adoption even by smaller cloud providers in the U.S., offsetting revenue shortfalls from Chinese hyperscalers crippled by export restrictions.To be realistic, the competition also needs to be factored in, as well as supply chain issues with geopolitical tensions running high, as AI has now become the new battleground.This is the reason why investors can also consider SOXX, as more industry verticals adopt intelligent processing to make sense of the vast amounts of data collected in real time.Therefore, to take advantage of cloud AI as the next frontier of GPU-based computing, you can invest in Nvidia, or go for the ETF option through SOXX, but bear in mind that volatility reigns.With U.S. export restrictions forbidding NVIDIA (NASDAQ: NVDA) to export some of its most advanced GPU chips like the A100 and the H100 chips to China, the company could lose$400 million. As a result of this loss and also because of the gloom encapsulating the semiconductor industry because of demand concerns, the stock is down by more than 50% in the last year, as shown in the blue chart below. In the meantime, the iShares Semiconductor ETF (SOXX) which dedicates 7.65% of its assets to Nvidia's shares has suffered less.Data by YChartsNow, there has some optimism around the company’s gaming business with its new RTX 40 series processors, but, let us be realistic as you cannot expect people to continue playing more games than they used to play during the Covid lockdowns.Instead, the objective of this thesis is to explore the additional cloud AI (artificial intelligence) sales opportunities enabled by Nvidia's GPU processors, but also bearing in mind competition from Advanced Micro Devices (AMD) and Intel (INTC), SOXX can be viewed as an optional investment.First, it is important to make the connection between AI and graphics processing units or GPUs, and for this purpose, I take inspiration from Nvidia's CEOpresentationseven months back.The Relation between AI and GPUsThe AI company turned a humble graphics card into the H100 GPU processor so powerful that it can now serve as a strategic advantage, not only for the U.S. military but also economically for America’s public cloud giants (hyperscalers) like Microsoft (MSFT) as I recently explained in an article.In this case, the difference between a CPU or central processing unit as supplied by Intel and which is required by default in all PCs or servers is that the GPU as its name implies is graphics-intensive, with Nvidia's technology enabling more computations to be performed at the same time, or in parallel. This means faster processing with gaming application developers preferring Nvidia's GPUs to Intel's CPUs.Exploring further, GPUs are also ideal for low latency (high-speed) 3D applications spanning every industry, including financials, life sciences, and logistics companies. One example is Amazon (AMZN) using Nvidia's chips for designing a digital twin(real-time replica) of its supply chain.However, AI remains expensive, but with the public cloud model, it has become more affordable as companies no longer need to buy dedicated servers but can instead rent GPU time on a monthly, weekly, or even hourly basis from hyperscalers. Acting as an enabler, the H100 can be portioned into 7 instances, a feat which could also be achieved by the previous generation A100 (table below) but at the expense of per-instance isolation and IO virtualization. Without going into too many details, this means that each H100 can host 7 independent cloud tenants compared to only one for the A100.This in turn translates into more flexible cost dynamics for IaaS (Infrastructure-as-a-Service) providers, whereby they can obtain more cloud revenue by renting the same physical H100 GPU to more customers. Now, this is a nice development, but it is also important to value opportunities in order to provide actionable insights for investors.Valuing the OpportunitiesAccording to Tom’s Hardware, one A100 costs around $13K, while it is $33K for an H100 with the same configuration. However, since the Hopper can support 7 tenants while at the same time providing them with complete isolation, it comes to only 33/7 or about $4.7K per tenant. This is just an estimate as there are other factors like memory and networking to consider, but the bottom line is that the Hopper translates directly into better return on investments for cloud providers.Table built using data from(www.nvidia.com)On top, for security purposes, the H100 supports confidential computing for protecting data that is in use. Now, there are encryption and other protection mechanisms which protect data which is stored in a database or in transit, but there was none for protecting data being processed by AI algorithms, till the advent of H100 for GPU-based tasks.Therefore, Nvidia is well suited to take on the global cloud AI market, which is forecasted to increase by$10.22 billion between 2021 and 2026. However, adopting some caution, the 20.26% YoY growth expected for 2022 may not be achieved due to supply chain issues. For this matter, the cloud AI GPUs supplied by Nvidia were also impacted by supply disruptions, but, the company still managed to increase its data center segment sales by61% in the second quarter of 2022 (ending in July) to $3.81 billion compared to 2021, with revenues from hyperscalers doubling in the period.Thus, with an H100 offering better ROI, the Compute & Networking segment's (which includes Data Center platforms and systems for AI, HPC, and accelerated computing) revenue, which constituted41%of overall revenues for fiscal 2022 (ending January this year) with $15.87 billion could be boosted up. I estimate that the segment could generate $33.21 billion (15.87 x 1.61 x 1.3) in 2024, assuming 61% and 30% growth in fiscal 2023 and 2024, respectively. This would constitute an increase of nearly $2 billion over the $31.24 billion for fiscal 2024 estimated by analysts as shown in the table below.Table Built using data from(www.seekingalpha.com)This would in turn constitute a growth of 22.86% growth, or 7% more than the 15.61% predicted by analysts, which brings down the forward price-to-sales multiple from 11.28x to 7.7x ((11.28 x 15.61)/22.86)). Assumptions made are that gaming revenues would remain constant while shortfalls from China are offset by the Hopper being adopted by Dell (DELL), HPE (HPE), Inspur, and Supermicro as well as other Database-as-a-Service providers like Oracle(ORCL) as cloud competition evolves more to intelligent processing.The Competition and the Rationale for SOXXAchieving such a target will also depend on the supply chain being completely restored, but there is competition. Here, the company competes with AMD’sMI100 and MI200chips. Thus, while Nvidia should profit more with its H100, AMD should also profit from the shortage of GPUs currently impacting the industry. Looking at applications, use cases vary for analyzing data from vehicles fleet in order to train AI models, building high-definition maps and recommender systems where data has to be analyzed from various social media sources in order to recommend the products that have the best chance of being bought to customers.Investors can view these two cases as using AI for decision-making instead of relying on manual data inputs (from human beings) which is not only time-consuming but is also costly in current high-inflation times.Looking further, Intel also has AI accelerator cards specially built for data preprocessing, training, inferencing, and deployment. Furthermore, in addition to producing more advanced CPUs, has also started to produce graphics chips called GPU Flex for cloud gaming purposes.These are the reasons why another option would be to invest in SOXX, which has a16.33%combined exposure to Nvidia, Intel, and AMD. In addition, as Ielaboratedpreviously, the iShares offers better exposure to chip equipment makers, who should benefit the most from the CHIPS Act.Table Built using data from(www.ishares.com)This is the reason I prefer SOXX instead of the VanEck Semiconductor ETF (SMH) despite the latter's cheaper fees as shown below in the comparison table below.Concluding With A Dose Of CautionTherefore, this thesis has made the case for investment in Nvidia based on the fact that some of the innovations in its latest H100 processor can bring $2 billion, thereby offsetting the $400 million revenue shortfalls from Chinese hyperscalers. In this connection, based on the P/S of 7.7x, I obtain a target of $207.4 ((141.56 x 11.28) /7.7)) based on the current share price of $141.56. The company also has a superior profitability score ofA+.However, this is for the long term, and while the company's technology remains superior, there are still supply chain issues, despite some market optimism. Along the same lines, an escalation of geopolitical tensions can be volatile to Nvidia's stock, which depends on Taiwan Semiconductor Manufacturing Company (TSM) for manufacturing its cutting-edge chips. Thus, the company's stock is not immune to further fluctuations.Now, with several new industry verticals consuming AI services through the cloud instead of having to previously spend a lot of money building expensive on-premise infrastructures, it is also important to consider competitors AMD and Intel. In this respect, a judicious way to profit from cloud AI is through SOXX, which has suffered a 35.57% downside in the last year.Table Built using data from(www.seekingalpha.com)Thus, with a 20% upside, the ETF could go above the $395 (329 x 1.2) level, but it is important to be prudent as the Fed Reserve hiking interest rates aggressively risk landing the economy into a recession, thus impacting demand. Also, semiconductor companies form part of growth stocks and may be adversely impacted by the rotation from growth to value.In these circumstances, invest only if you have a long time horizon, and given that volatility should persist, I have a neutral position on Nvidia and SOXX for the short-to-medium term.Finally, at the forefront of GPU-based AI developments and with an ability to execute profitably, Nvidia can simply not be ignored as cloud competition intensifies, with the void created by the likes of Chinese hyperscalers like Tencent (OTCPK:TCEHY) being denied of semiconductors likely to be filled by other providers in America and Europe.","news_type":1,"symbols_score_info":{"NVDA":0.9,"SMH":0.9,"SOXX":0.9}},"isVote":1,"tweetType":1,"viewCount":1716,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9987736441,"gmtCreate":1667988994583,"gmtModify":1676537995245,"author":{"id":"3582371848241817","authorId":"3582371848241817","name":"SeC","avatar":"https://static.tigerbbs.com/a226cf90d6854e9178341c90697ce373","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582371848241817","idStr":"3582371848241817"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9987736441","repostId":"1157692624","repostType":4,"repost":{"id":"1157692624","kind":"news","pubTimestamp":1668008277,"share":"https://ttm.financial/m/news/1157692624?lang=&edition=fundamental","pubTime":"2022-11-09 23:37","market":"us","language":"en","title":"Even At The 12-Month Low, Tesla Is Not A Compelling Buy","url":"https://stock-news.laohu8.com/highlight/detail?id=1157692624","media":"Seeking Alpha","summary":"SummaryTSLA is trading at 12-month lows.Rising interest rates, Q3's revenue miss, and slowing sales ","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>TSLA is trading at 12-month lows.</li><li>Rising interest rates, Q3's revenue miss, and slowing sales in China are immediate concerns.</li><li>The Wall Street consensus rating is a buy, with a consensus 12-month price target that is about 50% above the current share price.</li><li>The very high dispersion in the individual analyst price targets reduces confidence in the meaningfulness of the consensus.</li><li>The market-implied outlook (calculated from options prices) is slightly bullish through the end of 2022, but bearish to mid-2023.</li></ul><p>Shares of Tesla (NASDAQ: TSLA) have fallen by 15% from the closing price on October 31st and are down 51.6% from the 12-month high closing price of $399.93 on January 3rd. The shares are currently trading at 12-month lows. The drop in the share price since the end of October is largely attributable to declining vehicle sales in China for October, with the company cutting the prices of the Model 3 and Model Y by 9% to maintain demand. The market response to the China news was probably exacerbated by growing concerns after TSLA’s revenue miss for Q3(reported on October 19th).</p><p><img src=\"https://static.tigerbbs.com/ed96ee922a9178151466be6bb913196e\" tg-width=\"1280\" tg-height=\"382\" referrerpolicy=\"no-referrer\"/></p><p>Seeking Alpha</p><p>12-Month price history and basic statistics for TSLA above.</p><p>Tesla’s valuation depends on continued rapid growth in revenues and earnings. This fact makes the share value quite sensitive to changes in interest rates. The theoretical value of a stock is the net present value of future earnings. The further into the future that these earnings are expected, the larger the compounded impact of increasing the discount rate, which depends on current interest rates. Rising interest rates are one of the factors driving TSLA down.</p><p>The prevailing view among Wall Street analysts is that TSLA can maintain recent years’ incredibly rapid growth rates. The consensus for the rate of EPS growth over the next 3 to 5 years is 31.6% per year. If the company fails to deliver earnings in line with this outlook, the share valuation is likely to decline.</p><p><img src=\"https://static.tigerbbs.com/bddbc4100fa6280bf6fcc0ef8b86d03a\" tg-width=\"1280\" tg-height=\"418\" referrerpolicy=\"no-referrer\"/></p><p>ETrade</p><p>Trailing (3 years) and estimated future quarterly EPS for TSLA. Green (red) values are amounts by which EPS beat (missed) the consensus expected EPS above.</p><p>Tesla has generated growth rates that amply demonstrate the company’s exceptionalism. TSLA’s YoY revenue growth rate is59.8%, as compared to 4.5% for Toyota (TM), 6.6% for Mercedes-Benz Group (OTCPK: MBGAF), 12.4% for General Motors (GM), and 12.7% for Ford (F). TSLA also has gross profit margins that are higher than those of these competing firms. Given the massive difference in scale of production, TSLA’s higher profit margins are impressive. The question for investors is whether the current share valuation makes sense, given that this valuation is sensitive to interest rates and depends on maintaining heroic growth rates.</p><p>I last wrote about TSLA on May 25, 2022, about 5 ½ months ago, and I maintained a sell rating on the shares. At that time, the Wall Street consensus rating on TSLA was a buy and the consensus 12-month price target was almost 50% above the share price. One red flag from the analyst outlooks was the extremely high dispersion among the individual price targets. Research has shown that the consensus price target is a meaningful predictor only when the spread in individual price targets is quite low. In fact, a consensus price target that implies a high return is actually a bearish indicator when the spread in the individual price targets is high. The valuation, then as now, was a concern and required incredible growth rates to be justified. I also noted that rising interest rates put downward pressure on the shares. I also looked at the market-implied outlook, a probabilistic price forecast that represents the consensus view from the options market. The market-implied outlook to mid-January of 2023 was substantially bearish. In the 5 ½ months since this post, TSLA has returned -13.3% vs. -4.26% for the S&P 500 (not including dividends).</p><p><img src=\"https://static.tigerbbs.com/1c08822d1f3055ab12bf6e9e8a7ea386\" tg-width=\"1280\" tg-height=\"186\" referrerpolicy=\"no-referrer\"/></p><p>Seeking Alpha</p><p>Previous analysis of TSLA and subsequent performance vs. the S&P 500 above.</p><p>For readers who are unfamiliar with the market-implied outlook, a brief explanation is needed. The price of an option on a stock is largely determined by the market’s consensus estimate of the probability that the stock price will rise above (call option) or fall below (put option) a specific level (the option strike price) between now and when the option expires. By analyzing the prices of call and put options at a range of strike prices, all with the same expiration date, it is possible to calculate a probabilistic price forecast that reconciles the options prices. This is the market-implied outlook. For a deeper explanation and background, I recommend this monograph published by the CFA Institute.</p><p>With TSLA trading at 12-month lows, I have calculated updated market-implied outlooks and I have compared these with the Wall Street consensus outlook in revisiting my rating.</p><p><b>Wall Street Consensus Outlook for TSLA</b></p><p>ETrade calculates the Wall Street consensus outlook for TSLA using price targets and ratings from 29 ranked analysts who have published their views over the past 3 months. The consensus rating is a buy and the consensus 12-month price targets is 57.7% above the current share price. As in my post from May, there is an enormous spread among the individual price targets. As a rule of thumb, I discount the consensus price target when the ratio of the highest to lowest price target is greater than 2. In this case, the ratio is 10.4 ($760 / $73).</p><p><img src=\"https://static.tigerbbs.com/615c8d0e04e8918e25b7385e2bad7c26\" tg-width=\"1280\" tg-height=\"855\" referrerpolicy=\"no-referrer\"/></p><p>ETrade</p><p>Wall Street analyst consensus rating and 12-month price target for TSLA above.</p><p>Seeking Alpha’s version of the Wall Street consensus outlook is calculated using the views of 35 analysts who have published ratings and price targets within the last 90 days. The consensus rating is a buy and the consensus 12-month price target is 47.2% above the current share price. I don’t put much weight on this number, however, because of the very large spread among the individual price targets.</p><p><img src=\"https://static.tigerbbs.com/797d6141699490e50d24fb2784e632e1\" tg-width=\"1280\" tg-height=\"882\" referrerpolicy=\"no-referrer\"/></p><p>Seeking Alpha</p><p>Wall Street analyst consensus rating and 12-month price target for TSLA above.</p><p>In the current results, as in my previous posts on TSLA in May of 2022 and in April of 2021, the spread among the individual analyst price targets is extremely high. This, in turn, suggests that the consensus outlook is unlikely to have predictive value. The consensus price target that is about 50% above the current share price, along with the large spread in individual price targets, may actually be a bearish indicator.</p><p><b>Market-Implied Outlook for TSLA</b></p><p>I have calculated the market-implied outlook for TSLA for the 2.4-month period from now until January 20, 2023 and for the 7.2-month period from now until June 16, 2023, using the prices of call and put options that expire on these dates. I selected these two expiration dates to provide a view through the end of 2022 and to the middle of 2023. In addition, options with expiration dates in January and June tend to be highly traded, increasing the confidence in the representativeness of the market-implied outlook.</p><p>The standard presentation of the market-implied outlook is a probability distribution of price return, with probability on the vertical axis and return on the horizontal.</p><p><img src=\"https://static.tigerbbs.com/44f689bc8494e22307e8401f8fcc1ac2\" tg-width=\"966\" tg-height=\"557\" referrerpolicy=\"no-referrer\"/></p><p>Geoff Considine</p><p>Market-implied price return probabilities for TSLA for the 2.4-month period from now until January 20, 2023, above.</p><p>The market-implied outlook to mid-January of 2023 is very symmetric, with probabilities of positive returns that are very close to those for negative returns of the same magnitude. The expected volatility calculated from this outlook is 62% (annualized). For comparison, ETrade calculates a 59% implied volatility for the January options.</p><p>To make it easier to compare the relative probabilities of positive and negative returns, I rotate the negative return side of the distribution about the vertical axis (see chart below).</p><p><img src=\"https://static.tigerbbs.com/67eb2da8e00a45afb6a60092265c1c8c\" tg-width=\"897\" tg-height=\"557\" referrerpolicy=\"no-referrer\"/></p><p>Geoff Considine</p><p>Market-implied price return probabilities for TSLA for the 2.4-month period from now until January 20, 2023. The negative return side of the distribution has been rotated about the vertical axis above.</p><p>This view shows just how closely the probabilities of positive and negative returns match up, across the entire range of possible outcomes (the solid blue line and the dashed red line are basically on top of one another). These results indicate a neutral outlook for the next 2.4 months.</p><p>Theory indicates that the market-implied outlook is expected to have a negative bias because investors, in aggregate, are risk averse and thus tend to pay more than fair value for downside protection. There is no way to measure the magnitude of this bias, or whether it is even present, however. The expectation of a negative bias shifts what would otherwise look like a neutral outlook to a slightly bullish view.</p><p>The market-implied outlook for the 7.2-month period from now until June 16, 2023 has probabilities of negative returns that are consistently higher than those for positive returns, across a wide range of possible outcomes (the dashed red line is consistently above the solid blue line over the left ⅔ of the chart below). The maximum probability corresponds to a price return of -21%. Even with consideration of a potential negative bias, I interpret this outlook as bearish. The expected volatility calculated from this distribution is 63% (annualized).</p><p><img src=\"https://static.tigerbbs.com/6f17528781a49f411c10295d132d77cf\" tg-width=\"897\" tg-height=\"557\" referrerpolicy=\"no-referrer\"/></p><p>Geoff Considine</p><p>Market-implied price return probabilities for TSLA for the 7.2-month period from now until June 16, 2023. The negative return side of the distribution has been rotated about the vertical axis above.</p><p>The market-implied outlook for TSLA is very slightly bullish to mid-January of 2023, but bearish from now until mid-June of 2023. This suggests that TSLA may have gotten a bit oversold in the current sell-off, so a bounce in the next couple of months would not be a surprise. Over the longer-term, however, the outlook is somewhat bearish. In my analysis in late May, the 7.9-month outlook to January 20, 2023 was much more bearish than the current 7.2-month outlook to June of 2023. The expected volatility calculated in late May, 74%, was notably higher than the current estimation for expected volatility. The current outlook to the middle of 2023 is bearish, with high volatility, but the probability of large declines in the share price is lower than it was in late May.</p><p><b>Summary</b></p><p>Tesla has generated exceptional revenue growth in recent years, justifying a substantial premium on the share price as compared to other auto manufacturers and many successful tech companies, as well. That said, the value of a share of TSLA should be quite sensitive to prevailing interest rates as well as any shortfalls in the growth trajectory. With substantial gains in interest rates in 2022, along with concerns about slowing sales growth in China and Q3’s revenue miss, how does one evaluate TSLA? The Wall Street consensus outlook is of limited value because there is such a high level of disagreement between the analysts who follow the company. The consensus rating is a buy and the consensus 12-month price target implies a gain of around 50% from current levels, but I have little confidence in the usefulness of these metrics. If anything, the high consensus price target with high dispersion in the individual price targets is a somewhat bearish indicator. The market-implied outlook for TSLA is slightly bullish to mid-January of 2023 but moderately bearish to the middle of 2023. I am maintaining my sell rating on TSLA, although there is decent potential for some price recovery through the end of this year.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Even At The 12-Month Low, Tesla Is Not A Compelling Buy</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\">\nEven At The 12-Month Low, Tesla Is Not A Compelling Buy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-09 23:37 GMT+8 <a href=https://seekingalpha.com/article/4555040-tesla-stock-not-compelling-buy-even-at-12-month-low><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryTSLA is trading at 12-month lows.Rising interest rates, Q3's revenue miss, and slowing sales in China are immediate concerns.The Wall Street consensus rating is a buy, with a consensus 12-month...</p>\n\n<a href=\"https://seekingalpha.com/article/4555040-tesla-stock-not-compelling-buy-even-at-12-month-low\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://seekingalpha.com/article/4555040-tesla-stock-not-compelling-buy-even-at-12-month-low","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157692624","content_text":"SummaryTSLA is trading at 12-month lows.Rising interest rates, Q3's revenue miss, and slowing sales in China are immediate concerns.The Wall Street consensus rating is a buy, with a consensus 12-month price target that is about 50% above the current share price.The very high dispersion in the individual analyst price targets reduces confidence in the meaningfulness of the consensus.The market-implied outlook (calculated from options prices) is slightly bullish through the end of 2022, but bearish to mid-2023.Shares of Tesla (NASDAQ: TSLA) have fallen by 15% from the closing price on October 31st and are down 51.6% from the 12-month high closing price of $399.93 on January 3rd. The shares are currently trading at 12-month lows. The drop in the share price since the end of October is largely attributable to declining vehicle sales in China for October, with the company cutting the prices of the Model 3 and Model Y by 9% to maintain demand. The market response to the China news was probably exacerbated by growing concerns after TSLA’s revenue miss for Q3(reported on October 19th).Seeking Alpha12-Month price history and basic statistics for TSLA above.Tesla’s valuation depends on continued rapid growth in revenues and earnings. This fact makes the share value quite sensitive to changes in interest rates. The theoretical value of a stock is the net present value of future earnings. The further into the future that these earnings are expected, the larger the compounded impact of increasing the discount rate, which depends on current interest rates. Rising interest rates are one of the factors driving TSLA down.The prevailing view among Wall Street analysts is that TSLA can maintain recent years’ incredibly rapid growth rates. The consensus for the rate of EPS growth over the next 3 to 5 years is 31.6% per year. If the company fails to deliver earnings in line with this outlook, the share valuation is likely to decline.ETradeTrailing (3 years) and estimated future quarterly EPS for TSLA. Green (red) values are amounts by which EPS beat (missed) the consensus expected EPS above.Tesla has generated growth rates that amply demonstrate the company’s exceptionalism. TSLA’s YoY revenue growth rate is59.8%, as compared to 4.5% for Toyota (TM), 6.6% for Mercedes-Benz Group (OTCPK: MBGAF), 12.4% for General Motors (GM), and 12.7% for Ford (F). TSLA also has gross profit margins that are higher than those of these competing firms. Given the massive difference in scale of production, TSLA’s higher profit margins are impressive. The question for investors is whether the current share valuation makes sense, given that this valuation is sensitive to interest rates and depends on maintaining heroic growth rates.I last wrote about TSLA on May 25, 2022, about 5 ½ months ago, and I maintained a sell rating on the shares. At that time, the Wall Street consensus rating on TSLA was a buy and the consensus 12-month price target was almost 50% above the share price. One red flag from the analyst outlooks was the extremely high dispersion among the individual price targets. Research has shown that the consensus price target is a meaningful predictor only when the spread in individual price targets is quite low. In fact, a consensus price target that implies a high return is actually a bearish indicator when the spread in the individual price targets is high. The valuation, then as now, was a concern and required incredible growth rates to be justified. I also noted that rising interest rates put downward pressure on the shares. I also looked at the market-implied outlook, a probabilistic price forecast that represents the consensus view from the options market. The market-implied outlook to mid-January of 2023 was substantially bearish. In the 5 ½ months since this post, TSLA has returned -13.3% vs. -4.26% for the S&P 500 (not including dividends).Seeking AlphaPrevious analysis of TSLA and subsequent performance vs. the S&P 500 above.For readers who are unfamiliar with the market-implied outlook, a brief explanation is needed. The price of an option on a stock is largely determined by the market’s consensus estimate of the probability that the stock price will rise above (call option) or fall below (put option) a specific level (the option strike price) between now and when the option expires. By analyzing the prices of call and put options at a range of strike prices, all with the same expiration date, it is possible to calculate a probabilistic price forecast that reconciles the options prices. This is the market-implied outlook. For a deeper explanation and background, I recommend this monograph published by the CFA Institute.With TSLA trading at 12-month lows, I have calculated updated market-implied outlooks and I have compared these with the Wall Street consensus outlook in revisiting my rating.Wall Street Consensus Outlook for TSLAETrade calculates the Wall Street consensus outlook for TSLA using price targets and ratings from 29 ranked analysts who have published their views over the past 3 months. The consensus rating is a buy and the consensus 12-month price targets is 57.7% above the current share price. As in my post from May, there is an enormous spread among the individual price targets. As a rule of thumb, I discount the consensus price target when the ratio of the highest to lowest price target is greater than 2. In this case, the ratio is 10.4 ($760 / $73).ETradeWall Street analyst consensus rating and 12-month price target for TSLA above.Seeking Alpha’s version of the Wall Street consensus outlook is calculated using the views of 35 analysts who have published ratings and price targets within the last 90 days. The consensus rating is a buy and the consensus 12-month price target is 47.2% above the current share price. I don’t put much weight on this number, however, because of the very large spread among the individual price targets.Seeking AlphaWall Street analyst consensus rating and 12-month price target for TSLA above.In the current results, as in my previous posts on TSLA in May of 2022 and in April of 2021, the spread among the individual analyst price targets is extremely high. This, in turn, suggests that the consensus outlook is unlikely to have predictive value. The consensus price target that is about 50% above the current share price, along with the large spread in individual price targets, may actually be a bearish indicator.Market-Implied Outlook for TSLAI have calculated the market-implied outlook for TSLA for the 2.4-month period from now until January 20, 2023 and for the 7.2-month period from now until June 16, 2023, using the prices of call and put options that expire on these dates. I selected these two expiration dates to provide a view through the end of 2022 and to the middle of 2023. In addition, options with expiration dates in January and June tend to be highly traded, increasing the confidence in the representativeness of the market-implied outlook.The standard presentation of the market-implied outlook is a probability distribution of price return, with probability on the vertical axis and return on the horizontal.Geoff ConsidineMarket-implied price return probabilities for TSLA for the 2.4-month period from now until January 20, 2023, above.The market-implied outlook to mid-January of 2023 is very symmetric, with probabilities of positive returns that are very close to those for negative returns of the same magnitude. The expected volatility calculated from this outlook is 62% (annualized). For comparison, ETrade calculates a 59% implied volatility for the January options.To make it easier to compare the relative probabilities of positive and negative returns, I rotate the negative return side of the distribution about the vertical axis (see chart below).Geoff ConsidineMarket-implied price return probabilities for TSLA for the 2.4-month period from now until January 20, 2023. The negative return side of the distribution has been rotated about the vertical axis above.This view shows just how closely the probabilities of positive and negative returns match up, across the entire range of possible outcomes (the solid blue line and the dashed red line are basically on top of one another). These results indicate a neutral outlook for the next 2.4 months.Theory indicates that the market-implied outlook is expected to have a negative bias because investors, in aggregate, are risk averse and thus tend to pay more than fair value for downside protection. There is no way to measure the magnitude of this bias, or whether it is even present, however. The expectation of a negative bias shifts what would otherwise look like a neutral outlook to a slightly bullish view.The market-implied outlook for the 7.2-month period from now until June 16, 2023 has probabilities of negative returns that are consistently higher than those for positive returns, across a wide range of possible outcomes (the dashed red line is consistently above the solid blue line over the left ⅔ of the chart below). The maximum probability corresponds to a price return of -21%. Even with consideration of a potential negative bias, I interpret this outlook as bearish. The expected volatility calculated from this distribution is 63% (annualized).Geoff ConsidineMarket-implied price return probabilities for TSLA for the 7.2-month period from now until June 16, 2023. The negative return side of the distribution has been rotated about the vertical axis above.The market-implied outlook for TSLA is very slightly bullish to mid-January of 2023, but bearish from now until mid-June of 2023. This suggests that TSLA may have gotten a bit oversold in the current sell-off, so a bounce in the next couple of months would not be a surprise. Over the longer-term, however, the outlook is somewhat bearish. In my analysis in late May, the 7.9-month outlook to January 20, 2023 was much more bearish than the current 7.2-month outlook to June of 2023. The expected volatility calculated in late May, 74%, was notably higher than the current estimation for expected volatility. The current outlook to the middle of 2023 is bearish, with high volatility, but the probability of large declines in the share price is lower than it was in late May.SummaryTesla has generated exceptional revenue growth in recent years, justifying a substantial premium on the share price as compared to other auto manufacturers and many successful tech companies, as well. That said, the value of a share of TSLA should be quite sensitive to prevailing interest rates as well as any shortfalls in the growth trajectory. With substantial gains in interest rates in 2022, along with concerns about slowing sales growth in China and Q3’s revenue miss, how does one evaluate TSLA? The Wall Street consensus outlook is of limited value because there is such a high level of disagreement between the analysts who follow the company. The consensus rating is a buy and the consensus 12-month price target implies a gain of around 50% from current levels, but I have little confidence in the usefulness of these metrics. If anything, the high consensus price target with high dispersion in the individual price targets is a somewhat bearish indicator. The market-implied outlook for TSLA is slightly bullish to mid-January of 2023 but moderately bearish to the middle of 2023. I am maintaining my sell rating on TSLA, although there is decent potential for some price recovery through the end of this year.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":2163,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9980768431,"gmtCreate":1665817850323,"gmtModify":1676537669417,"author":{"id":"3582371848241817","authorId":"3582371848241817","name":"SeC","avatar":"https://static.tigerbbs.com/a226cf90d6854e9178341c90697ce373","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582371848241817","idStr":"3582371848241817"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9980768431","repostId":"2275959422","repostType":4,"isVote":1,"tweetType":1,"viewCount":2146,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9980768658,"gmtCreate":1665817831374,"gmtModify":1676537669409,"author":{"id":"3582371848241817","authorId":"3582371848241817","name":"SeC","avatar":"https://static.tigerbbs.com/a226cf90d6854e9178341c90697ce373","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582371848241817","idStr":"3582371848241817"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9980768658","repostId":"2275698961","repostType":4,"repost":{"id":"2275698961","kind":"highlight","pubTimestamp":1665804613,"share":"https://ttm.financial/m/news/2275698961?lang=&edition=fundamental","pubTime":"2022-10-15 11:30","market":"us","language":"en","title":"Alibaba Q3: Time To Consider An Option Play","url":"https://stock-news.laohu8.com/highlight/detail?id=2275698961","media":"Seeking Alpha","summary":"SummaryAlibaba stock prices continue to be directed by short-term events and disjointed from busines","content":"<html><head></head><body><h2>Summary</h2><ul><li>Alibaba stock prices continue to be directed by short-term events and disjointed from business fundamentals.</li><li>Such disconnection creates both challenges and opportunities for value-oriented investors.</li><li>One such opportunity involves an observation that I’ve made about its implied volatility being mispriced.</li><li>As such, you can consider an option play here either to hedge your existing positions or to open a new position.</li><li>The upcoming earnings report in November for its September quarter (CY22 Q3) could amplify the mispricing based on its recent historical pattern.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/912293f2bb66d41dfe829d2eea80df38\" tg-width=\"750\" tg-height=\"500\" width=\"100%\" height=\"auto\"/><span>remco86</span></p><h2>Thesis</h2><p>Alibaba's (NYSE:BABA) stock price continues to be directed by short-term events and disjointed from business fundamentals. While its financial performances are partly to blame (although quite healthy in my view), its stock price movements have been largely dominated by news events, such as the uncertainty in the Chinese regulatory environment, the lingering COVID-19 concerns, and the China-U.S. tension. To cite a few recent examples (shown in the chart below),</p><ul><li>On May 26, after reporting its March quarter results, its stock price climbed 14.8% in one day. And shortly afterward, on June 8, the Chinese government announced the approval of a new round of video game licenses, and its stock prices increased by another 14.7%.</li><li>Then in July, it was fined by antitrust regulators for the improper reporting of previous merger deals. In particular, on July 11, its stock declined by 9.2% even though the fine amounted to only $373k.</li><li>On July 29, it was added back to the U.S. SEC's watchlist of Chinese companies that might be delisted. The news triggered an 11% decline in its stock price to close at $89 from $100 the day before.</li><li>Then finally on August 4, 2022, when it reported its June Quarter earnings, the stock prices fluctuated between a low of $95 and a high of $103 in a single day, translating into an 8.4% daily fluctuation.</li></ul><p>I am citing all these detailed events and price movements to give you a concrete feeling of its price volatility so that you can see the main thesis of this article: the mispricing of its implied volatility ("IV") in the options market.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b8286a0926eebed47581d1a351970528\" tg-width=\"640\" tg-height=\"424\" width=\"100%\" height=\"auto\"/><span>Author based on Yahoo! data</span></p><p>The mispricing probably is best illustrated by comparison against its U.S. counterpart: Amazon (AMZN). The price movements of AMZN in the past 6 months are shown in the bottom panel of the above chart. In contrast to BABA's frequent ~10% DAILY price volatilities, AMZN stock price has been largely range-bound between $140 and $105, translating into a fluctuation of around 16% around a mean price of $122.5 over the past few MONTHS. Yet, as you will see in a later section, the options market currently assigns an IV of about 61% for BABA for its Dec 16, 2022, option. And the IV it assigns for AMZN is about the same (a bit below 60%), accentuating the IV mispricing.</p><p>Looking forward, BABA is expected to report earnings on 11/17/2022 according to Nasdaq's schedule. Considering the IV mispricing, an option with expiry after that (say Dec 16, 2022) could either help to hedge your existing positions or to open a new position. Directly holding the shares can help you to benefit from its compressed valuation (as to be detailed in the next section immediately below). But an option play can help you to benefit from the compression in its valuation AND also the IV mispricing.</p><h2>Business outlook and growth potential</h2><p>Admittedly, BABA's earning results have been a bit choppy lately. However, in its upcoming earnings report for the September 2022 quarter, I expected a number of promising growth avenues. These catalysts should support healthy earnings growth, especially in the near- to mid-term, say in the 2025-2027 timeframe. First, I expect the Chinese economy to recover considerably once COVID-19 concerns clear up. Second, BABA is still very successful at attracting new annual active customers from the vast population of China, especially from the less developed areas. Notably, Tmall and Taobao continue to perform well. Third, on the international stage, platforms such as Lazada and AliExpress logged solid double-digit order growth rates in fiscal 2021, and I foresee such growth to continue or even accelerate in the next few years. Finally, on top of all these, its cloud segment continues to capture market share within the burgeoning global cloud niche. All told, consensus estimates project an 11.5% EPS expansion in the next five years, as you can see from the first chart below. And I tend to agree with such a projection.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ac8e0cf709dcbba649e38293b6c7f3a6\" tg-width=\"640\" tg-height=\"238\" width=\"100%\" height=\"auto\"/><span>Author based on Seeking Alpha data</span></p><p>In the meantime, its financial position is strong. The balance sheet is in good condition, as seen in the next chart below, providing the liquidity and financial flexibility to fuel its continued expansion. Alibaba ended the last quarter with more than $69 billion in cash as seen. In addition, merely 13.4% of the capital structure is comprised of long-term debt (compared to AMZN's 45.4%), suggesting plenty of flexibility to support growth initiatives.</p><p>Although, note that the table below made a mistake on its cash per share (probably due to confusion about its share count vs its ADR counts). With $69 billion of cash and approximately 2.6 billion ADR outstanding, the total cash per share should be about $26.5. At its current stock price of $75 as of this writing, more than 1/3 of its stock price (35.4% to be exact) is just cash.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0fcf65098fee073a34c3bc89c3f81d3f\" tg-width=\"640\" tg-height=\"348\" width=\"100%\" height=\"auto\"/><span>Author based on Seeking Alpha data</span></p><h2>Volatility mispricing and option play</h2><p>As mentioned above, holding the shares directly is a bet on its compressed valuation and growth potential. And an option play can provide a couple of additional advantages, as detailed in my other articles. To recap,</p><blockquote><ul><li><i>First, compared to the buy-and-hold strategy, an option can limit your exposure in terms of the total dollar amount.</i></li><li><i>Second, it can take advantage of both the valuation mispricing AND also volatility mispricing (the buy-and-hold strategy only benefit from the former).</i></li><li><i>Third, it provides a definitive expiration date.</i></li></ul></blockquote><p>As an example, as of this writing, a BABA call option with a $75 strike price (i.e., near the money) that expires on 12/16/2022 sells at about $7.8 as you can see from the first chart below provided by OIC. So $780 would provide exposure to 100 shares, versus $7.5k if you directly own the shares.</p><p>You can also see the implied volatility is only 60.8%. Again, to me, this is an underestimate. As you can see from the second chart below, its IV has ranged from about 50% to about 100% in the past 6 months. And the current IV of 60% is close to the floor of this range. Yet, as argued earlier, recent events and price movements suggest no muting in its actual volatility. Also, as you can see from the third chart below, AMZN's current IV is close to 60% too (about 56%). However, as aforementioned, the DAILY price actions in BABA shares are nearly on the same magnitude as AMZN's <i>monthly</i> price fluctuations.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/10ec73e15ba94f68c0e834fa09585379\" tg-width=\"640\" tg-height=\"320\" width=\"100%\" height=\"auto\"/><span>oic.ivolatility.com</span></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9c3f80465a4333814ee01ef3f76d585e\" tg-width=\"520\" tg-height=\"250\" width=\"100%\" height=\"auto\"/><span>BABA historical and implied volatility provided by IVolatility.com</span></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/08c9f56d1ece63e4bfd5535e64d93b24\" tg-width=\"520\" tg-height=\"250\" width=\"100%\" height=\"auto\"/><span>AMZN historical and implied volatility provided by IVolatility.com</span></p><h2>Baba risks and final thoughts</h2><p>Since an option play, in a sense, is a way to limit risks already, I won't detail the specific risks surrounding BABA shares. Other SA authors have elaborated on the risks eloquently already anyway. Here, let me just repeat the risks inherent in writing options:</p><blockquote><i>Writing options can limit risks in terms of the absolute dollar amount. But it is riskier in relative terms. You can lose 100% and there is actually a good chance of that.</i></blockquote><p>To conclude, the main thesis here is built on an observation that I've made about BABA's implied volatility being mispriced. Yes, it is definitely attractive to own the shares directly in my mind (which I do) under current conditions. The stock is priced at single-digit FWD PE with double-digit growth rates. And it has about $26.5 of cash per ADR on its ledger, more than 1/3 of its stock current price. But an option play could bring an additional catalyst to the table. The upcoming earnings report in November could amplify the mispricing, judging by the recent historical pattern of its price movements around earnings reports.</p><p><i>This article is written by </i><i>Sensor Unlimited</i><i> for reference only. Please note the risks.</i></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>Alibaba Q3: Time To Consider An Option Play</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\">\nAlibaba Q3: Time To Consider An Option Play\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-15 11:30 GMT+8 <a href=https://seekingalpha.com/article/4546617-alibaba-q3-time-to-consider-an-option-play><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryAlibaba stock prices continue to be directed by short-term events and disjointed from business fundamentals.Such disconnection creates both challenges and opportunities for value-oriented ...</p>\n\n<a href=\"https://seekingalpha.com/article/4546617-alibaba-q3-time-to-consider-an-option-play\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴"},"source_url":"https://seekingalpha.com/article/4546617-alibaba-q3-time-to-consider-an-option-play","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2275698961","content_text":"SummaryAlibaba stock prices continue to be directed by short-term events and disjointed from business fundamentals.Such disconnection creates both challenges and opportunities for value-oriented investors.One such opportunity involves an observation that I’ve made about its implied volatility being mispriced.As such, you can consider an option play here either to hedge your existing positions or to open a new position.The upcoming earnings report in November for its September quarter (CY22 Q3) could amplify the mispricing based on its recent historical pattern.remco86ThesisAlibaba's (NYSE:BABA) stock price continues to be directed by short-term events and disjointed from business fundamentals. While its financial performances are partly to blame (although quite healthy in my view), its stock price movements have been largely dominated by news events, such as the uncertainty in the Chinese regulatory environment, the lingering COVID-19 concerns, and the China-U.S. tension. To cite a few recent examples (shown in the chart below),On May 26, after reporting its March quarter results, its stock price climbed 14.8% in one day. And shortly afterward, on June 8, the Chinese government announced the approval of a new round of video game licenses, and its stock prices increased by another 14.7%.Then in July, it was fined by antitrust regulators for the improper reporting of previous merger deals. In particular, on July 11, its stock declined by 9.2% even though the fine amounted to only $373k.On July 29, it was added back to the U.S. SEC's watchlist of Chinese companies that might be delisted. The news triggered an 11% decline in its stock price to close at $89 from $100 the day before.Then finally on August 4, 2022, when it reported its June Quarter earnings, the stock prices fluctuated between a low of $95 and a high of $103 in a single day, translating into an 8.4% daily fluctuation.I am citing all these detailed events and price movements to give you a concrete feeling of its price volatility so that you can see the main thesis of this article: the mispricing of its implied volatility (\"IV\") in the options market.Author based on Yahoo! dataThe mispricing probably is best illustrated by comparison against its U.S. counterpart: Amazon (AMZN). The price movements of AMZN in the past 6 months are shown in the bottom panel of the above chart. In contrast to BABA's frequent ~10% DAILY price volatilities, AMZN stock price has been largely range-bound between $140 and $105, translating into a fluctuation of around 16% around a mean price of $122.5 over the past few MONTHS. Yet, as you will see in a later section, the options market currently assigns an IV of about 61% for BABA for its Dec 16, 2022, option. And the IV it assigns for AMZN is about the same (a bit below 60%), accentuating the IV mispricing.Looking forward, BABA is expected to report earnings on 11/17/2022 according to Nasdaq's schedule. Considering the IV mispricing, an option with expiry after that (say Dec 16, 2022) could either help to hedge your existing positions or to open a new position. Directly holding the shares can help you to benefit from its compressed valuation (as to be detailed in the next section immediately below). But an option play can help you to benefit from the compression in its valuation AND also the IV mispricing.Business outlook and growth potentialAdmittedly, BABA's earning results have been a bit choppy lately. However, in its upcoming earnings report for the September 2022 quarter, I expected a number of promising growth avenues. These catalysts should support healthy earnings growth, especially in the near- to mid-term, say in the 2025-2027 timeframe. First, I expect the Chinese economy to recover considerably once COVID-19 concerns clear up. Second, BABA is still very successful at attracting new annual active customers from the vast population of China, especially from the less developed areas. Notably, Tmall and Taobao continue to perform well. Third, on the international stage, platforms such as Lazada and AliExpress logged solid double-digit order growth rates in fiscal 2021, and I foresee such growth to continue or even accelerate in the next few years. Finally, on top of all these, its cloud segment continues to capture market share within the burgeoning global cloud niche. All told, consensus estimates project an 11.5% EPS expansion in the next five years, as you can see from the first chart below. And I tend to agree with such a projection.Author based on Seeking Alpha dataIn the meantime, its financial position is strong. The balance sheet is in good condition, as seen in the next chart below, providing the liquidity and financial flexibility to fuel its continued expansion. Alibaba ended the last quarter with more than $69 billion in cash as seen. In addition, merely 13.4% of the capital structure is comprised of long-term debt (compared to AMZN's 45.4%), suggesting plenty of flexibility to support growth initiatives.Although, note that the table below made a mistake on its cash per share (probably due to confusion about its share count vs its ADR counts). With $69 billion of cash and approximately 2.6 billion ADR outstanding, the total cash per share should be about $26.5. At its current stock price of $75 as of this writing, more than 1/3 of its stock price (35.4% to be exact) is just cash.Author based on Seeking Alpha dataVolatility mispricing and option playAs mentioned above, holding the shares directly is a bet on its compressed valuation and growth potential. And an option play can provide a couple of additional advantages, as detailed in my other articles. To recap,First, compared to the buy-and-hold strategy, an option can limit your exposure in terms of the total dollar amount.Second, it can take advantage of both the valuation mispricing AND also volatility mispricing (the buy-and-hold strategy only benefit from the former).Third, it provides a definitive expiration date.As an example, as of this writing, a BABA call option with a $75 strike price (i.e., near the money) that expires on 12/16/2022 sells at about $7.8 as you can see from the first chart below provided by OIC. So $780 would provide exposure to 100 shares, versus $7.5k if you directly own the shares.You can also see the implied volatility is only 60.8%. Again, to me, this is an underestimate. As you can see from the second chart below, its IV has ranged from about 50% to about 100% in the past 6 months. And the current IV of 60% is close to the floor of this range. Yet, as argued earlier, recent events and price movements suggest no muting in its actual volatility. Also, as you can see from the third chart below, AMZN's current IV is close to 60% too (about 56%). However, as aforementioned, the DAILY price actions in BABA shares are nearly on the same magnitude as AMZN's monthly price fluctuations.oic.ivolatility.comBABA historical and implied volatility provided by IVolatility.comAMZN historical and implied volatility provided by IVolatility.comBaba risks and final thoughtsSince an option play, in a sense, is a way to limit risks already, I won't detail the specific risks surrounding BABA shares. Other SA authors have elaborated on the risks eloquently already anyway. Here, let me just repeat the risks inherent in writing options:Writing options can limit risks in terms of the absolute dollar amount. But it is riskier in relative terms. You can lose 100% and there is actually a good chance of that.To conclude, the main thesis here is built on an observation that I've made about BABA's implied volatility being mispriced. Yes, it is definitely attractive to own the shares directly in my mind (which I do) under current conditions. The stock is priced at single-digit FWD PE with double-digit growth rates. And it has about $26.5 of cash per ADR on its ledger, more than 1/3 of its stock current price. But an option play could bring an additional catalyst to the table. The upcoming earnings report in November could amplify the mispricing, judging by the recent historical pattern of its price movements around earnings reports.This article is written by Sensor Unlimited for reference only. Please note the risks.","news_type":1,"symbols_score_info":{"BABA":0.9}},"isVote":1,"tweetType":1,"viewCount":1993,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9980768810,"gmtCreate":1665817818630,"gmtModify":1676537669409,"author":{"id":"3582371848241817","authorId":"3582371848241817","name":"SeC","avatar":"https://static.tigerbbs.com/a226cf90d6854e9178341c90697ce373","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582371848241817","idStr":"3582371848241817"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9980768810","repostId":"2275952060","repostType":4,"repost":{"id":"2275952060","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1665788512,"share":"https://ttm.financial/m/news/2275952060?lang=&edition=fundamental","pubTime":"2022-10-15 07:01","market":"us","language":"en","title":"US STOCKS-Wall St Drops As Consumer Data Stokes Inflation Worry","url":"https://stock-news.laohu8.com/highlight/detail?id=2275952060","media":"Reuters","summary":"* JPM reports higher-than-expected Q3 profit* S&P 500, Nasdaq post weekly declines* U.S. consumer se","content":"<html><head></head><body><p>* JPM reports higher-than-expected Q3 profit</p><p>* S&P 500, Nasdaq post weekly declines</p><p>* U.S. consumer sentiment edges up October; inflation ests. worsen</p><p>* Dow down 1.34%, S&P 500 down 2.37%, Nasdaq down 3.08%</p><p>NEW YORK, Oct 14 (Reuters) - U.S. stocks dropped on Friday as worsening inflation expectations kept intact worries that the Federal Reserve's aggressive rate hike path could trigger a recession, while investors digested the early stages of earnings season.</p><p>In the last session of a volatile week, equities opened higher, then reversed course after data from the University of Michigan showed consumer sentiment improved in October but inflation expectations worsened as gasoline prices moved higher. Retail sales data also indicated resilience among consumers.</p><p>"The main thrust for the market right now is higher interest rates, higher inflation and the Fed is going to continue to move its fed funds target higher," said Anthony Saglimbene, chief market strategist at Ameriprise Financial in Troy, Michigan.</p><p>"The narrative that we’ve seen peak inflation is not evident yet and that’s depressing the market."</p><p>On Thursday, a reading on consumer prices (CPI) showed inflation remained stubbornly high.</p><p>Fed officials have been largely in sync when commenting on the need to raise rates and St. Louis Fed President James Bullard said in a Reuters interview the recent CPI data warrants a continued "frontloading" through larger three-quarter-percentage point steps, although that does not necessarily mean rates need to be raised above the central bank's most recent projections.</p><p>The Dow Jones Industrial Average fell 403.89 points, or 1.34%, to 29,634.83, the S&P 500 lost 86.84 points, or 2.37%, to 3,583.07 and the Nasdaq Composite dropped 327.76 points, or 3.08%, to 10,321.39.</p><p>Friday's decline marked the 37th time the S&P 500 recorded a gain or loss of at least 2% compared with only seven such session in all of 2021. For the week, the Dow gained 1.15%, the S&P 500 lost 1.56% and the Nasdaq fell 3.11%.</p><p>Corporate earnings season started to pick up steam and helped the bank index, which posted a narrow 0.03% gain after quarterly results from JPMorgan Chase & Co, up 1.66%, Citigroup Inc, up 0.65%, and Wells Fargo & Co, up 1.86%, boosted the shares of each.</p><p>"The message I got from them is things are looking pretty good from an economic perspective despite the challenges but they increased loan-loss reserves just in anticipation that you are going to see some more slowing," said Brian Jacobsen, senior investment strategist at Allspring Global Investments in Menomonee Falls, Wisconsin.</p><p>UnitedHealth gained 0.63% as one of only three Dow components to move higher on the day after the health insurer posted better-than-expected quarterly results while raising its annual forecast.</p><p>Analysts now expect third-quarter profits for S&P 500 companies to have risen just 3.6% from a year ago, much lower than an 11.1% increase expected at the start of July, according to Refinitiv data.</p><p>Kroger Co shares dropped 7.32% after the supermarket chain said it would buy smaller rival Albertsons Companies Inc in a $24.6 billion deal.</p><p>Tesla Inc slumped 7.55% following media reports that the electric vehicle maker has put on hold plans to launch battery cell production at its plant outside Berlin due to technical issues.</p><p>Volume on U.S. exchanges was 10.88 billion shares, compared with the 11.48 billion average for the full session over the last 20 trading days.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 4.20-to-1 ratio; on Nasdaq, a 2.87-to-1 ratio favored decliners.</p><p>The S&P 500 posted 5 new 52-week highs and 7 new lows; the Nasdaq Composite recorded 71 new highs and 235 new lows.</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>US STOCKS-Wall St Drops As Consumer Data Stokes Inflation Worry</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\">\nUS STOCKS-Wall St Drops As Consumer Data Stokes Inflation Worry\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-10-15 07:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* JPM reports higher-than-expected Q3 profit</p><p>* S&P 500, Nasdaq post weekly declines</p><p>* U.S. consumer sentiment edges up October; inflation ests. worsen</p><p>* Dow down 1.34%, S&P 500 down 2.37%, Nasdaq down 3.08%</p><p>NEW YORK, Oct 14 (Reuters) - U.S. stocks dropped on Friday as worsening inflation expectations kept intact worries that the Federal Reserve's aggressive rate hike path could trigger a recession, while investors digested the early stages of earnings season.</p><p>In the last session of a volatile week, equities opened higher, then reversed course after data from the University of Michigan showed consumer sentiment improved in October but inflation expectations worsened as gasoline prices moved higher. Retail sales data also indicated resilience among consumers.</p><p>"The main thrust for the market right now is higher interest rates, higher inflation and the Fed is going to continue to move its fed funds target higher," said Anthony Saglimbene, chief market strategist at Ameriprise Financial in Troy, Michigan.</p><p>"The narrative that we’ve seen peak inflation is not evident yet and that’s depressing the market."</p><p>On Thursday, a reading on consumer prices (CPI) showed inflation remained stubbornly high.</p><p>Fed officials have been largely in sync when commenting on the need to raise rates and St. Louis Fed President James Bullard said in a Reuters interview the recent CPI data warrants a continued "frontloading" through larger three-quarter-percentage point steps, although that does not necessarily mean rates need to be raised above the central bank's most recent projections.</p><p>The Dow Jones Industrial Average fell 403.89 points, or 1.34%, to 29,634.83, the S&P 500 lost 86.84 points, or 2.37%, to 3,583.07 and the Nasdaq Composite dropped 327.76 points, or 3.08%, to 10,321.39.</p><p>Friday's decline marked the 37th time the S&P 500 recorded a gain or loss of at least 2% compared with only seven such session in all of 2021. For the week, the Dow gained 1.15%, the S&P 500 lost 1.56% and the Nasdaq fell 3.11%.</p><p>Corporate earnings season started to pick up steam and helped the bank index, which posted a narrow 0.03% gain after quarterly results from JPMorgan Chase & Co, up 1.66%, Citigroup Inc, up 0.65%, and Wells Fargo & Co, up 1.86%, boosted the shares of each.</p><p>"The message I got from them is things are looking pretty good from an economic perspective despite the challenges but they increased loan-loss reserves just in anticipation that you are going to see some more slowing," said Brian Jacobsen, senior investment strategist at Allspring Global Investments in Menomonee Falls, Wisconsin.</p><p>UnitedHealth gained 0.63% as one of only three Dow components to move higher on the day after the health insurer posted better-than-expected quarterly results while raising its annual forecast.</p><p>Analysts now expect third-quarter profits for S&P 500 companies to have risen just 3.6% from a year ago, much lower than an 11.1% increase expected at the start of July, according to Refinitiv data.</p><p>Kroger Co shares dropped 7.32% after the supermarket chain said it would buy smaller rival Albertsons Companies Inc in a $24.6 billion deal.</p><p>Tesla Inc slumped 7.55% following media reports that the electric vehicle maker has put on hold plans to launch battery cell production at its plant outside Berlin due to technical issues.</p><p>Volume on U.S. exchanges was 10.88 billion shares, compared with the 11.48 billion average for the full session over the last 20 trading days.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 4.20-to-1 ratio; on Nasdaq, a 2.87-to-1 ratio favored decliners.</p><p>The S&P 500 posted 5 new 52-week highs and 7 new lows; the Nasdaq Composite recorded 71 new highs and 235 new lows.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","C":"花旗",".DJI":"道琼斯","WFC":"富国银行",".IXIC":"NASDAQ Composite","KR":"克罗格",".SPX":"S&P 500 Index","UNH":"联合健康","JPM":"摩根大通"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2275952060","content_text":"* JPM reports higher-than-expected Q3 profit* S&P 500, Nasdaq post weekly declines* U.S. consumer sentiment edges up October; inflation ests. worsen* Dow down 1.34%, S&P 500 down 2.37%, Nasdaq down 3.08%NEW YORK, Oct 14 (Reuters) - U.S. stocks dropped on Friday as worsening inflation expectations kept intact worries that the Federal Reserve's aggressive rate hike path could trigger a recession, while investors digested the early stages of earnings season.In the last session of a volatile week, equities opened higher, then reversed course after data from the University of Michigan showed consumer sentiment improved in October but inflation expectations worsened as gasoline prices moved higher. Retail sales data also indicated resilience among consumers.\"The main thrust for the market right now is higher interest rates, higher inflation and the Fed is going to continue to move its fed funds target higher,\" said Anthony Saglimbene, chief market strategist at Ameriprise Financial in Troy, Michigan.\"The narrative that we’ve seen peak inflation is not evident yet and that’s depressing the market.\"On Thursday, a reading on consumer prices (CPI) showed inflation remained stubbornly high.Fed officials have been largely in sync when commenting on the need to raise rates and St. Louis Fed President James Bullard said in a Reuters interview the recent CPI data warrants a continued \"frontloading\" through larger three-quarter-percentage point steps, although that does not necessarily mean rates need to be raised above the central bank's most recent projections.The Dow Jones Industrial Average fell 403.89 points, or 1.34%, to 29,634.83, the S&P 500 lost 86.84 points, or 2.37%, to 3,583.07 and the Nasdaq Composite dropped 327.76 points, or 3.08%, to 10,321.39.Friday's decline marked the 37th time the S&P 500 recorded a gain or loss of at least 2% compared with only seven such session in all of 2021. For the week, the Dow gained 1.15%, the S&P 500 lost 1.56% and the Nasdaq fell 3.11%.Corporate earnings season started to pick up steam and helped the bank index, which posted a narrow 0.03% gain after quarterly results from JPMorgan Chase & Co, up 1.66%, Citigroup Inc, up 0.65%, and Wells Fargo & Co, up 1.86%, boosted the shares of each.\"The message I got from them is things are looking pretty good from an economic perspective despite the challenges but they increased loan-loss reserves just in anticipation that you are going to see some more slowing,\" said Brian Jacobsen, senior investment strategist at Allspring Global Investments in Menomonee Falls, Wisconsin.UnitedHealth gained 0.63% as one of only three Dow components to move higher on the day after the health insurer posted better-than-expected quarterly results while raising its annual forecast.Analysts now expect third-quarter profits for S&P 500 companies to have risen just 3.6% from a year ago, much lower than an 11.1% increase expected at the start of July, according to Refinitiv data.Kroger Co shares dropped 7.32% after the supermarket chain said it would buy smaller rival Albertsons Companies Inc in a $24.6 billion deal.Tesla Inc slumped 7.55% following media reports that the electric vehicle maker has put on hold plans to launch battery cell production at its plant outside Berlin due to technical issues.Volume on U.S. exchanges was 10.88 billion shares, compared with the 11.48 billion average for the full session over the last 20 trading days.Declining issues outnumbered advancing ones on the NYSE by a 4.20-to-1 ratio; on Nasdaq, a 2.87-to-1 ratio favored decliners.The S&P 500 posted 5 new 52-week highs and 7 new lows; the Nasdaq Composite recorded 71 new highs and 235 new lows.","news_type":1,"symbols_score_info":{"C":0.9,"UNH":0.9,"WFC":0.9,".DJI":0.9,"TSLA":0.9,"JPM":0.9,"KR":0.9,".SPX":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":2570,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}