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Investors love to boast about their great stock picks, but beware of those who use fancy math to calculate their gains
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Zooming In On Zoom's Solid But Not Good Enough Results
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and comment","listText":"Like and comment","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/883398531","repostId":"1144589302","repostType":2,"isVote":1,"tweetType":1,"viewCount":749,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":817410960,"gmtCreate":1630979709250,"gmtModify":1631889383340,"author":{"id":"3577921698084479","authorId":"3577921698084479","name":"jojotay","avatar":"https://static.tigerbbs.com/c4d0b8e980a43f142db4742d668b6d86","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577921698084479","authorIdStr":"3577921698084479"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/817410960","repostId":"2165809018","repostType":2,"repost":{"id":"2165809018","kind":"highlight","pubTimestamp":1630975805,"share":"https://www.laohu8.com/m/news/2165809018?lang=&edition=full","pubTime":"2021-09-07 08:50","market":"us","language":"en","title":"Investors love to boast about their great stock picks, but beware of those who use fancy math to calculate their gains","url":"https://stock-news.laohu8.com/highlight/detail?id=2165809018","media":"MarketWatch","summary":"Even pros rarely beat the stock market\nGetty Images\nBeating the market is so difficult that you'd be","content":"<p>Even pros rarely beat the stock market</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c518e42fc389c9a262ce1a76a11d484e\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"><span>Getty Images</span></p>\n<p>Beating the market is so difficult that you'd be excused for giving up.</p>\n<p>But unlike what happens when you give up elsewhere in life, in the investment arena it's actually a shrewd strategy for winning.</p>\n<p>After more than 40 years of rigorously auditing the performance of investment advisers, I have learned that over the long term, buying and holding an index fund that tracks the S&P 500 or other broad index nearly always comes out ahead of all other attempts to do better, such as market timing or picking particular stocks, ETFs and mutual funds.</p>\n<p>It's amazing when you think about it: What other pursuit in life is there in which you can come close to winning every race by simply sitting on your hands and doing nothing?</p>\n<p>I'm not saying it's impossible to beat the market. What I am saying is that it's very difficult and rare. And it's even rarer for an adviser who beats the market in one period to do so in the successive period as well.</p>\n<p>I am not the first person to point this out. But what I can contribute to the debate is my extensive performance database that contains real-world returns back to 1980. It compellingly shows how impossibly low your odds are of winning when trying to beat the market.</p>\n<p>My first step in drawing investment lessons from my huge database was to construct a list of investment newsletter portfolios that at any point since 1980 were in the top 10% for performance in a given calendar year. Given how many newsletters my Hulbert Financial Digest has monitored over the years, this list of top decile performers was sizable, containing more than 1,500 portfolios. By construction, the percentiles of their performance rank all fell between 90 and 100, and averaged 95.</p>\n<p>What I wanted to measure was how these newsletter portfolios performed in the immediately succeeding year. If performance were a matter of pure skill, then we'd expect that they would have been in the top decile for performance in that second year as well--with an average percentile rank that also was 95.</p>\n<p>That's not what I found, however--not by a long shot. These newsletters' average percentile rank in that second year was just 51.5. That is statistically similar to the 50.0 it would have been if performance were a matter of pure luck.</p>\n<p>I next repeated this analysis for each of the other nine deciles for initial-year performance rank. As you can see from this chart, their expected ranks in the successive years were very close to the 50 percentile, regardless of their performance in the initial year.</p>\n<p><img src=\"https://static.tigerbbs.com/ebfad8a8d9638e4b57cf085b425e5742\" tg-width=\"700\" tg-height=\"569\" referrerpolicy=\"no-referrer\"></p>\n<p>The only exception came for newsletters in the bottom 10% for first-year return. The average second-year percentile ranking was 38.8--significantly below what you'd expect if performance were a matter of pure luck. In other words, it's a decent bet that one year's worst adviser will have a below-average performance in the subsequent year too.</p>\n<p>What these results mean: While investment advisory performance is not a matter of pure randomness, the deviations from randomness primarily occur among the worst performers--not the best. Unfortunately that doesn't help us to beat the market.</p>\n<p>By the way, don't think that you can wriggle out from these conclusions by arguing that other kinds of advisers are better than newsletter editors. At least in regards to the persistence (or lack thereof) between past and future performance, newsletter editors are no different than managers of mutual funds, ETFs, hedge funds and private-equity funds.</p>\n<p><b>Beware of arrogance</b></p>\n<p>While I believe the data are conclusive, I'm not holding my breath that it will persuade many of you to throw in the towel and go with an index fund. That's because the typical investor all too often believes that the poor odds of beating the market apply to everyone else but not to him individually.</p>\n<p>It reminds me of the famous study in which almost all of us indicate we're better-than-average drivers.</p>\n<p>This arrogance has obviously dangerous consequences on our roads and highways. But it's dangerous in the investment arena as well because it leads investors into incurring greater and greater risks.</p>\n<p>That creates a downward spiral: When the arrogant investor starts losing to the market, which inevitably happens sooner or later, he pursues an even riskier strategy to make up for his prior loss. That in turn invariably leads him to suffer even greater losses. And the cycle repeats.</p>\n<p>The temptation of arrogance is particularly evident when it comes to social media. Psychologists have found that younger investors are far more inclined to pursue risky strategies when they are being watched than when operating alone. This helps to explain the bravado that so frequently is exhibited on investment-focused social media platforms.</p>\n<p>Buying and holding an index fund is boring. Adherents are rarely drawn to social media in the first place, and even if they are, they rarely post that they are continuing to hold the same investment they've had for years.</p>\n<p><b>Beware of this trick, too</b></p>\n<p>A similar dynamic leads those who frequent social media to brag about their spectacular winners while ignoring their losers. One frequent way they do it is to annualize their returns from a short-term trade and then boast about that figure. Imagine a stock that goes from $10 to $11 in a week's time. In itself, that doesn't seem particularly remarkable. On an annualized basis, however, that is equivalent to a gain of more than 14,000%.</p>\n<p>Readers of these social media boasts initially must believe they are the only ones with a mixture of both winning and losing trades. Only later do they discover the unspoken rules of social media platforms: it's bad form to ask fellow investors about their losers, just like it's poor etiquette after a round of golf to ask the boastful golfer whether he actually beat par.</p>\n<p>Humility is a virtue in the investment area. We would do well to remember Socrates' famous line: \"I am the wisest man alive, for I know one thing, and that is that I know nothing.\"</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Investors love to boast about their great stock picks, but beware of those who use fancy math to calculate their gains</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\">\nInvestors love to boast about their great stock picks, but beware of those who use fancy math to calculate their gains\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-07 08:50 GMT+8 <a href=https://www.marketwatch.com/story/investors-love-to-boast-about-their-great-stock-picks-but-beware-of-those-who-use-fancy-math-to-calculate-their-gains-11630784143?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Even pros rarely beat the stock market\nGetty Images\nBeating the market is so difficult that you'd be excused for giving up.\nBut unlike what happens when you give up elsewhere in life, in the ...</p>\n\n<a href=\"https://www.marketwatch.com/story/investors-love-to-boast-about-their-great-stock-picks-but-beware-of-those-who-use-fancy-math-to-calculate-their-gains-11630784143?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.marketwatch.com/story/investors-love-to-boast-about-their-great-stock-picks-but-beware-of-those-who-use-fancy-math-to-calculate-their-gains-11630784143?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2165809018","content_text":"Even pros rarely beat the stock market\nGetty Images\nBeating the market is so difficult that you'd be excused for giving up.\nBut unlike what happens when you give up elsewhere in life, in the investment arena it's actually a shrewd strategy for winning.\nAfter more than 40 years of rigorously auditing the performance of investment advisers, I have learned that over the long term, buying and holding an index fund that tracks the S&P 500 or other broad index nearly always comes out ahead of all other attempts to do better, such as market timing or picking particular stocks, ETFs and mutual funds.\nIt's amazing when you think about it: What other pursuit in life is there in which you can come close to winning every race by simply sitting on your hands and doing nothing?\nI'm not saying it's impossible to beat the market. What I am saying is that it's very difficult and rare. And it's even rarer for an adviser who beats the market in one period to do so in the successive period as well.\nI am not the first person to point this out. But what I can contribute to the debate is my extensive performance database that contains real-world returns back to 1980. It compellingly shows how impossibly low your odds are of winning when trying to beat the market.\nMy first step in drawing investment lessons from my huge database was to construct a list of investment newsletter portfolios that at any point since 1980 were in the top 10% for performance in a given calendar year. Given how many newsletters my Hulbert Financial Digest has monitored over the years, this list of top decile performers was sizable, containing more than 1,500 portfolios. By construction, the percentiles of their performance rank all fell between 90 and 100, and averaged 95.\nWhat I wanted to measure was how these newsletter portfolios performed in the immediately succeeding year. If performance were a matter of pure skill, then we'd expect that they would have been in the top decile for performance in that second year as well--with an average percentile rank that also was 95.\nThat's not what I found, however--not by a long shot. These newsletters' average percentile rank in that second year was just 51.5. That is statistically similar to the 50.0 it would have been if performance were a matter of pure luck.\nI next repeated this analysis for each of the other nine deciles for initial-year performance rank. As you can see from this chart, their expected ranks in the successive years were very close to the 50 percentile, regardless of their performance in the initial year.\n\nThe only exception came for newsletters in the bottom 10% for first-year return. The average second-year percentile ranking was 38.8--significantly below what you'd expect if performance were a matter of pure luck. In other words, it's a decent bet that one year's worst adviser will have a below-average performance in the subsequent year too.\nWhat these results mean: While investment advisory performance is not a matter of pure randomness, the deviations from randomness primarily occur among the worst performers--not the best. Unfortunately that doesn't help us to beat the market.\nBy the way, don't think that you can wriggle out from these conclusions by arguing that other kinds of advisers are better than newsletter editors. At least in regards to the persistence (or lack thereof) between past and future performance, newsletter editors are no different than managers of mutual funds, ETFs, hedge funds and private-equity funds.\nBeware of arrogance\nWhile I believe the data are conclusive, I'm not holding my breath that it will persuade many of you to throw in the towel and go with an index fund. That's because the typical investor all too often believes that the poor odds of beating the market apply to everyone else but not to him individually.\nIt reminds me of the famous study in which almost all of us indicate we're better-than-average drivers.\nThis arrogance has obviously dangerous consequences on our roads and highways. But it's dangerous in the investment arena as well because it leads investors into incurring greater and greater risks.\nThat creates a downward spiral: When the arrogant investor starts losing to the market, which inevitably happens sooner or later, he pursues an even riskier strategy to make up for his prior loss. That in turn invariably leads him to suffer even greater losses. And the cycle repeats.\nThe temptation of arrogance is particularly evident when it comes to social media. Psychologists have found that younger investors are far more inclined to pursue risky strategies when they are being watched than when operating alone. This helps to explain the bravado that so frequently is exhibited on investment-focused social media platforms.\nBuying and holding an index fund is boring. Adherents are rarely drawn to social media in the first place, and even if they are, they rarely post that they are continuing to hold the same investment they've had for years.\nBeware of this trick, too\nA similar dynamic leads those who frequent social media to brag about their spectacular winners while ignoring their losers. One frequent way they do it is to annualize their returns from a short-term trade and then boast about that figure. Imagine a stock that goes from $10 to $11 in a week's time. In itself, that doesn't seem particularly remarkable. On an annualized basis, however, that is equivalent to a gain of more than 14,000%.\nReaders of these social media boasts initially must believe they are the only ones with a mixture of both winning and losing trades. Only later do they discover the unspoken rules of social media platforms: it's bad form to ask fellow investors about their losers, just like it's poor etiquette after a round of golf to ask the boastful golfer whether he actually beat par.\nHumility is a virtue in the investment area. We would do well to remember Socrates' famous line: \"I am the wisest man alive, for I know one thing, and that is that I know nothing.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":562,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":814725048,"gmtCreate":1630886837384,"gmtModify":1631889383336,"author":{"id":"3577921698084479","authorId":"3577921698084479","name":"jojotay","avatar":"https://static.tigerbbs.com/c4d0b8e980a43f142db4742d668b6d86","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577921698084479","authorIdStr":"3577921698084479"},"themes":[],"htmlText":"Okay","listText":"Okay","text":"Okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/814725048","repostId":"2164872049","repostType":4,"repost":{"id":"2164872049","kind":"highlight","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1630679468,"share":"https://www.laohu8.com/m/news/2164872049?lang=&edition=full","pubTime":"2021-09-03 22:31","market":"us","language":"en","title":"Zooming In On Zoom's Solid But Not Good Enough Results","url":"https://stock-news.laohu8.com/highlight/detail?id=2164872049","media":"Benzinga","summary":"Despite logging its first billion-dollar quarter, the stock of Zoom Video Communications (NASDAQ: ZM) fell almost 11% on Monday after the company posted a higher-than-expected earnings forecast for the full year. The revenue guidance exactly met expectations, but sales-growth rates fall to new lows.","content":"<p>Despite logging its first billion-dollar quarter, the stock of <b>Zoom</b> <b>Video Communications</b> (NASDAQ:ZM) fell almost 11% on Monday after the company posted a higher-than-expected earnings forecast for the full year. The revenue guidance exactly met expectations, but sales-growth rates fall to new lows. In simple words, the video platform has continued to grow, but not at the overly optimistic pace that analysts expected.</p>\n<h4>Q2 Figures</h4>\n<p>For the quarter that ended on July 31st, revenue increased by 54% YoY in the quarter and topping $1 billion for the first time as it amounted to $1.02 billion, also exceeding Refinitiv expectations of $991.0 million as expected by analysts, according to Refinitiv. Adjusted net income came in 48% higher from the year-ago quarter, amounting to $1.36 per share, also exceeding $1.16 expected by Refinitiv. Free cash flow improved 22% as it improved to $455 million.</p>\n<p>Gross margin improved from 72.3% in the previous quarter to 74.4%. Gross margin benefited from new data center capacity as well as lower usage during the summer, thanks in part to the school break. The Zoom Phone cloud-based phone service expanded from 1.5 million three months earlier to 2 million seats.</p>\n<h4>Outlook</h4>\n<p>During the quarter, Zoom announced it will acquire cloud contact-center software provider Five9, along with the availability of Zoom Events for premium online meetings. The video communications company also invested in event software maker Cvent that sought to go public through a SPAC.</p>\n<p>As for the undergoing quarter, Zoom is guiding to 31% growth. Adjusted earnings per share are expected in the range between $1.07 to $1.08 with $1.015 billion to $1.020 billion in revenue.</p>\n<p>For the full fiscal year, it improved its forecast as coronavirus case counts have increased and many companies delayed plans to reopen offices. Adjusted earnings are expected to be in the range between $4.75 to $4.79 per share with the revenue range being within $4.005 billion and $4.015 billion in revenue. Previous estimates for adjusted earnings were $4.56 to $4.61 and $3.98 billion to $3.99 billion for revenue.</p>\n<p>The forecast is ahead of analysts' consensus estimates for both adjusted earnings per share and revenue, being $4.67 and $4.01 billion, respectively.</p>\n<p>The guidance assumes strong growth for the direct and channel businesses, but also a weakness in the online business because of challenges encountered by smaller customers and consumers. Gross margin is expected to expand with students resuming classes.</p>\n<h4>The Verdict</h4>\n<p>By most standards, Zoom's business metrics look solid with 2,278 customers contributing $100,000 or more to its annual revenue. This is well over double its last year's big-client count. Customers with more than 10 employees vaulted over the half-million mark, up 36% YoY. On a trailing 12-month basis, net dollar expansion rates remained above 130%. But its results just weren't good enough for Wall Street who was not pleased to see the company calling for roughly flat third-quarter revenue compared to the second quarter.</p>\n<p><i>This article is not a press release and is contributed by a verified independent journalist for IAMNewswire. It should not be construed as investment advice at any time please read the full disclosure. IAM Newswire does not hold any position in the mentioned companies. Press Releases – If you are looking for full Press release distribution contact: press@iamnewswire.com Contributors – IAM Newswire accepts pitches. If you're interested in becoming an IAM journalist contact: contributors@iamnewswire.com</i></p>\n<p>The post Zooming in on Zoom's Solid But Not Good Enough Results appeared first on IAM Newswire.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Zooming In On Zoom's Solid But Not Good Enough Results</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\">\nZooming In On Zoom's Solid But Not Good Enough Results\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-09-03 22:31</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Despite logging its first billion-dollar quarter, the stock of <b>Zoom</b> <b>Video Communications</b> (NASDAQ:ZM) fell almost 11% on Monday after the company posted a higher-than-expected earnings forecast for the full year. The revenue guidance exactly met expectations, but sales-growth rates fall to new lows. In simple words, the video platform has continued to grow, but not at the overly optimistic pace that analysts expected.</p>\n<h4>Q2 Figures</h4>\n<p>For the quarter that ended on July 31st, revenue increased by 54% YoY in the quarter and topping $1 billion for the first time as it amounted to $1.02 billion, also exceeding Refinitiv expectations of $991.0 million as expected by analysts, according to Refinitiv. Adjusted net income came in 48% higher from the year-ago quarter, amounting to $1.36 per share, also exceeding $1.16 expected by Refinitiv. Free cash flow improved 22% as it improved to $455 million.</p>\n<p>Gross margin improved from 72.3% in the previous quarter to 74.4%. Gross margin benefited from new data center capacity as well as lower usage during the summer, thanks in part to the school break. The Zoom Phone cloud-based phone service expanded from 1.5 million three months earlier to 2 million seats.</p>\n<h4>Outlook</h4>\n<p>During the quarter, Zoom announced it will acquire cloud contact-center software provider Five9, along with the availability of Zoom Events for premium online meetings. The video communications company also invested in event software maker Cvent that sought to go public through a SPAC.</p>\n<p>As for the undergoing quarter, Zoom is guiding to 31% growth. Adjusted earnings per share are expected in the range between $1.07 to $1.08 with $1.015 billion to $1.020 billion in revenue.</p>\n<p>For the full fiscal year, it improved its forecast as coronavirus case counts have increased and many companies delayed plans to reopen offices. Adjusted earnings are expected to be in the range between $4.75 to $4.79 per share with the revenue range being within $4.005 billion and $4.015 billion in revenue. Previous estimates for adjusted earnings were $4.56 to $4.61 and $3.98 billion to $3.99 billion for revenue.</p>\n<p>The forecast is ahead of analysts' consensus estimates for both adjusted earnings per share and revenue, being $4.67 and $4.01 billion, respectively.</p>\n<p>The guidance assumes strong growth for the direct and channel businesses, but also a weakness in the online business because of challenges encountered by smaller customers and consumers. Gross margin is expected to expand with students resuming classes.</p>\n<h4>The Verdict</h4>\n<p>By most standards, Zoom's business metrics look solid with 2,278 customers contributing $100,000 or more to its annual revenue. This is well over double its last year's big-client count. Customers with more than 10 employees vaulted over the half-million mark, up 36% YoY. On a trailing 12-month basis, net dollar expansion rates remained above 130%. But its results just weren't good enough for Wall Street who was not pleased to see the company calling for roughly flat third-quarter revenue compared to the second quarter.</p>\n<p><i>This article is not a press release and is contributed by a verified independent journalist for IAMNewswire. It should not be construed as investment advice at any time please read the full disclosure. IAM Newswire does not hold any position in the mentioned companies. Press Releases – If you are looking for full Press release distribution contact: press@iamnewswire.com Contributors – IAM Newswire accepts pitches. If you're interested in becoming an IAM journalist contact: contributors@iamnewswire.com</i></p>\n<p>The post Zooming in on Zoom's Solid But Not Good Enough Results appeared first on IAM Newswire.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ZM":"Zoom"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2164872049","content_text":"Despite logging its first billion-dollar quarter, the stock of Zoom Video Communications (NASDAQ:ZM) fell almost 11% on Monday after the company posted a higher-than-expected earnings forecast for the full year. The revenue guidance exactly met expectations, but sales-growth rates fall to new lows. In simple words, the video platform has continued to grow, but not at the overly optimistic pace that analysts expected.\nQ2 Figures\nFor the quarter that ended on July 31st, revenue increased by 54% YoY in the quarter and topping $1 billion for the first time as it amounted to $1.02 billion, also exceeding Refinitiv expectations of $991.0 million as expected by analysts, according to Refinitiv. Adjusted net income came in 48% higher from the year-ago quarter, amounting to $1.36 per share, also exceeding $1.16 expected by Refinitiv. Free cash flow improved 22% as it improved to $455 million.\nGross margin improved from 72.3% in the previous quarter to 74.4%. Gross margin benefited from new data center capacity as well as lower usage during the summer, thanks in part to the school break. The Zoom Phone cloud-based phone service expanded from 1.5 million three months earlier to 2 million seats.\nOutlook\nDuring the quarter, Zoom announced it will acquire cloud contact-center software provider Five9, along with the availability of Zoom Events for premium online meetings. The video communications company also invested in event software maker Cvent that sought to go public through a SPAC.\nAs for the undergoing quarter, Zoom is guiding to 31% growth. Adjusted earnings per share are expected in the range between $1.07 to $1.08 with $1.015 billion to $1.020 billion in revenue.\nFor the full fiscal year, it improved its forecast as coronavirus case counts have increased and many companies delayed plans to reopen offices. Adjusted earnings are expected to be in the range between $4.75 to $4.79 per share with the revenue range being within $4.005 billion and $4.015 billion in revenue. Previous estimates for adjusted earnings were $4.56 to $4.61 and $3.98 billion to $3.99 billion for revenue.\nThe forecast is ahead of analysts' consensus estimates for both adjusted earnings per share and revenue, being $4.67 and $4.01 billion, respectively.\nThe guidance assumes strong growth for the direct and channel businesses, but also a weakness in the online business because of challenges encountered by smaller customers and consumers. Gross margin is expected to expand with students resuming classes.\nThe Verdict\nBy most standards, Zoom's business metrics look solid with 2,278 customers contributing $100,000 or more to its annual revenue. This is well over double its last year's big-client count. Customers with more than 10 employees vaulted over the half-million mark, up 36% YoY. On a trailing 12-month basis, net dollar expansion rates remained above 130%. But its results just weren't good enough for Wall Street who was not pleased to see the company calling for roughly flat third-quarter revenue compared to the second quarter.\nThis article is not a press release and is contributed by a verified independent journalist for IAMNewswire. It should not be construed as investment advice at any time please read the full disclosure. IAM Newswire does not hold any position in the mentioned companies. Press Releases – If you are looking for full Press release distribution contact: press@iamnewswire.com Contributors – IAM Newswire accepts pitches. If you're interested in becoming an IAM journalist contact: contributors@iamnewswire.com\nThe post Zooming in on Zoom's Solid But Not Good Enough Results appeared first on IAM Newswire.","news_type":1},"isVote":1,"tweetType":1,"viewCount":704,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":814722928,"gmtCreate":1630886793664,"gmtModify":1631889383342,"author":{"id":"3577921698084479","authorId":"3577921698084479","name":"jojotay","avatar":"https://static.tigerbbs.com/c4d0b8e980a43f142db4742d668b6d86","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577921698084479","authorIdStr":"3577921698084479"},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/814722928","repostId":"2165804101","repostType":4,"isVote":1,"tweetType":1,"viewCount":761,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":815683041,"gmtCreate":1630675573183,"gmtModify":1631889383343,"author":{"id":"3577921698084479","authorId":"3577921698084479","name":"jojotay","avatar":"https://static.tigerbbs.com/c4d0b8e980a43f142db4742d668b6d86","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577921698084479","authorIdStr":"3577921698084479"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/815683041","repostId":"1106356660","repostType":4,"isVote":1,"tweetType":1,"viewCount":459,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":815689145,"gmtCreate":1630675502787,"gmtModify":1631889383346,"author":{"id":"3577921698084479","authorId":"3577921698084479","name":"jojotay","avatar":"https://static.tigerbbs.com/c4d0b8e980a43f142db4742d668b6d86","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577921698084479","authorIdStr":"3577921698084479"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/815689145","repostId":"1142162122","repostType":4,"repost":{"id":"1142162122","kind":"news","pubTimestamp":1630675377,"share":"https://www.laohu8.com/m/news/1142162122?lang=&edition=full","pubTime":"2021-09-03 21:22","market":"us","language":"en","title":"IGT Signs Sports Betting Deal With Oneida Casino","url":"https://stock-news.laohu8.com/highlight/detail?id=1142162122","media":"Benzinga","summary":"International Game Technology PLC has signed an agreement to power sports betting with Oneida Casin","content":"<ul>\n <li><b>International Game Technology PLC</b> has signed an agreement to power sports betting with <b>Oneida Casino</b> on the Oneida Nation Reservation. The financial terms of the deal were not disclosed.</li>\n <li>The agreement will allow IGT to expand its PlaySports platform footprint into Wisconsin.</li>\n <li>Oneida Casino, located at 2020 Airport Drive in Green Bay, will leverage IGT's PlaySports solution for retail and mobile sports betting.</li>\n <li>The Oneida Nation is the first tribe in Wisconsin to receive approval from the State government to operate a sports betting program at a casino.</li>\n <li><b>Price Action:</b> IGT shares closed higher by 1.56% at $21.49 on Thursday.</li>\n</ul>","source":"lsy1606299360108","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>IGT Signs Sports Betting Deal With Oneida Casino</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\">\nIGT Signs Sports Betting Deal With Oneida Casino\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-03 21:22 GMT+8 <a href=https://www.benzinga.com/news/21/09/22794892/igt-signs-sports-betting-deal-with-oneida-casino><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>International Game Technology PLC has signed an agreement to power sports betting with Oneida Casino on the Oneida Nation Reservation. The financial terms of the deal were not disclosed.\nThe ...</p>\n\n<a href=\"https://www.benzinga.com/news/21/09/22794892/igt-signs-sports-betting-deal-with-oneida-casino\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"IGT":"国际游戏科技"},"source_url":"https://www.benzinga.com/news/21/09/22794892/igt-signs-sports-betting-deal-with-oneida-casino","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1142162122","content_text":"International Game Technology PLC has signed an agreement to power sports betting with Oneida Casino on the Oneida Nation Reservation. The financial terms of the deal were not disclosed.\nThe agreement will allow IGT to expand its PlaySports platform footprint into Wisconsin.\nOneida Casino, located at 2020 Airport Drive in Green Bay, will leverage IGT's PlaySports solution for retail and mobile sports betting.\nThe Oneida Nation is the first tribe in Wisconsin to receive approval from the State government to operate a sports betting program at a casino.\nPrice Action: IGT shares closed higher by 1.56% at $21.49 on Thursday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":490,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":815680435,"gmtCreate":1630675467127,"gmtModify":1631889383350,"author":{"id":"3577921698084479","authorId":"3577921698084479","name":"jojotay","avatar":"https://static.tigerbbs.com/c4d0b8e980a43f142db4742d668b6d86","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577921698084479","authorIdStr":"3577921698084479"},"themes":[],"htmlText":"Good news!","listText":"Good news!","text":"Good news!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/815680435","repostId":"1136677026","repostType":2,"repost":{"id":"1136677026","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1630670958,"share":"https://www.laohu8.com/m/news/1136677026?lang=&edition=full","pubTime":"2021-09-03 20:09","market":"us","language":"en","title":"Toplines Before US Market Open on Friday","url":"https://stock-news.laohu8.com/highlight/detail?id=1136677026","media":"Tiger Newspress","summary":"U.S. stock index futures held near record highs on Friday as all attention shifted to the highly ant","content":"<p>U.S. stock index futures held near record highs on Friday as all attention shifted to the highly anticipated jobs report that could feed into the Federal Reserve’s plans to taper its massive pandemic-era stimulus.</p>\n<p>At 8:05 a.m. ET, Dow E-minis were up 46 points, or 0.13%, S&P 500 E-minis were up 7.75 points, or 0.17% and Nasdaq 100 E-minis were up 25.75 points, or 0.17%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5654a93189551099412c1148187624d6\" tg-width=\"914\" tg-height=\"310\" width=\"100%\" height=\"auto\"><span>*Source From Tiger Trade, EST 08:05</span></p>\n<p>The S&P 500 and the Nasdaq have scaled all-time highs over the past few weeks on support from robust corporate earnings, but investors have grown cautious recently as the Fed issued hawkish signals while data pointed to a slowdown in a broader economic recovery.</p>\n<p>The labor market remains the key touchstone for the Fed, with Chair Jerome Powell hinting at the Jackson Hole Symposium last week that reaching full employment was a pre-requisite for the central bank to start paring back its asset purchases.</p>\n<p><b>Stocks making the biggest moves in the premarket:</b></p>\n<p><a href=\"https://laohu8.com/S/NFLX\">Netflix</a> – The video streaming service’s stock remains on watch today after rising in 14 of the past 15 sessions and hitting an all-time high in Thursday’s session.</p>\n<p><a href=\"https://laohu8.com/S/MDB\">MongoDB Inc.</a> – MongoDB lost 24 cents per share for its latest quarter, narrower than the 39 cent loss that analysts anticipated. The database platform company also reported better-than-expected revenue and gave upbeat current-quarter revenue guidance. Shares soared 13.5% in premarket action.</p>\n<p><a href=\"https://laohu8.com/S/PD\">PagerDuty, Inc.</a> – PagerDuty shares surged 14.5% in the premarket, after reporting a loss and revenue that beat consensus. The provider of digital operations management solutions reported an adjusted loss of 13 cents per share for its latest quarter, 2 cents narrower than expected, while issuing a strong current-quarter revenue outlook.</p>\n<p><a href=\"https://laohu8.com/S/HPE\">Hewlett Packard Enterprise</a> – Hewlett Packard Enterprise came in 5 cents ahead of estimates with adjusted quarterly earnings of 47 cents per share, while revenue was essentially in line with analyst forecasts. The company’s business continues to get a boost from the pandemic-driven move to digital operations.</p>\n<p><a href=\"https://laohu8.com/S/WDC\">Western Digital</a> – The disk drive maker’s shares added 1.9% in the premarket, following a published report in Japan saying memory chip maker Kioxia favors a planned initial public offering over a possible merger with Western Digital. The two sides had reportedly been in advanced talks to merge in a deal worth $20 billion or more.</p>\n<p><a href=\"https://laohu8.com/S/DOCU\">Docusign</a> – DocuSign beat estimates by 7 cents with adjusted quarterly earnings of 47 cents per share and revenue that topped Street forecasts. The provider of electronic signature technology also raised its full-year guidance for total revenue, subscription revenue and billings.</p>\n<p><a href=\"https://laohu8.com/S/AVGO\">Broadcom</a> – The chip maker reported adjusted quarterly earnings of $6.96 per share, 8 cents above estimates, with revenue slightly above consensus. Broadcom also issued an upbeat current-quarter outlook as it continues to see strong demand in the 5G mobile market.</p>\n<p><a href=\"https://laohu8.com/S/FUBO\">fuboTV Inc.</a> – The sports programming streaming service’s shares jumped 4.5% in premarket trading after it received approval from Arizona regulators to offer mobile wagering in the state. Arizona is the second state to allow fuboTV to offer such betting, following a recent approval in Iowa.</p>\n<p><a href=\"https://laohu8.com/S/ACB\">Aurora Cannabis Inc</a> – The cannabis producer’s shares were upgraded to “hold” from “underperform” at Jefferies, which cited a number of factors including valuation. The stock added 1% in premarket trading.</p>\n<p><a href=\"https://laohu8.com/S/MSTR\">MicroStrategy</a> – The business analytics company’s stock rose 3.1% in the premarket, as it continues to closely track movements in bitcoin. MicroStrategy has more than $5 billion in bitcoin on its balance sheet.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Toplines Before US Market Open on Friday</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\">\nToplines Before US Market Open on Friday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-09-03 20:09</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>U.S. stock index futures held near record highs on Friday as all attention shifted to the highly anticipated jobs report that could feed into the Federal Reserve’s plans to taper its massive pandemic-era stimulus.</p>\n<p>At 8:05 a.m. ET, Dow E-minis were up 46 points, or 0.13%, S&P 500 E-minis were up 7.75 points, or 0.17% and Nasdaq 100 E-minis were up 25.75 points, or 0.17%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5654a93189551099412c1148187624d6\" tg-width=\"914\" tg-height=\"310\" width=\"100%\" height=\"auto\"><span>*Source From Tiger Trade, EST 08:05</span></p>\n<p>The S&P 500 and the Nasdaq have scaled all-time highs over the past few weeks on support from robust corporate earnings, but investors have grown cautious recently as the Fed issued hawkish signals while data pointed to a slowdown in a broader economic recovery.</p>\n<p>The labor market remains the key touchstone for the Fed, with Chair Jerome Powell hinting at the Jackson Hole Symposium last week that reaching full employment was a pre-requisite for the central bank to start paring back its asset purchases.</p>\n<p><b>Stocks making the biggest moves in the premarket:</b></p>\n<p><a href=\"https://laohu8.com/S/NFLX\">Netflix</a> – The video streaming service’s stock remains on watch today after rising in 14 of the past 15 sessions and hitting an all-time high in Thursday’s session.</p>\n<p><a href=\"https://laohu8.com/S/MDB\">MongoDB Inc.</a> – MongoDB lost 24 cents per share for its latest quarter, narrower than the 39 cent loss that analysts anticipated. The database platform company also reported better-than-expected revenue and gave upbeat current-quarter revenue guidance. Shares soared 13.5% in premarket action.</p>\n<p><a href=\"https://laohu8.com/S/PD\">PagerDuty, Inc.</a> – PagerDuty shares surged 14.5% in the premarket, after reporting a loss and revenue that beat consensus. The provider of digital operations management solutions reported an adjusted loss of 13 cents per share for its latest quarter, 2 cents narrower than expected, while issuing a strong current-quarter revenue outlook.</p>\n<p><a href=\"https://laohu8.com/S/HPE\">Hewlett Packard Enterprise</a> – Hewlett Packard Enterprise came in 5 cents ahead of estimates with adjusted quarterly earnings of 47 cents per share, while revenue was essentially in line with analyst forecasts. The company’s business continues to get a boost from the pandemic-driven move to digital operations.</p>\n<p><a href=\"https://laohu8.com/S/WDC\">Western Digital</a> – The disk drive maker’s shares added 1.9% in the premarket, following a published report in Japan saying memory chip maker Kioxia favors a planned initial public offering over a possible merger with Western Digital. The two sides had reportedly been in advanced talks to merge in a deal worth $20 billion or more.</p>\n<p><a href=\"https://laohu8.com/S/DOCU\">Docusign</a> – DocuSign beat estimates by 7 cents with adjusted quarterly earnings of 47 cents per share and revenue that topped Street forecasts. The provider of electronic signature technology also raised its full-year guidance for total revenue, subscription revenue and billings.</p>\n<p><a href=\"https://laohu8.com/S/AVGO\">Broadcom</a> – The chip maker reported adjusted quarterly earnings of $6.96 per share, 8 cents above estimates, with revenue slightly above consensus. Broadcom also issued an upbeat current-quarter outlook as it continues to see strong demand in the 5G mobile market.</p>\n<p><a href=\"https://laohu8.com/S/FUBO\">fuboTV Inc.</a> – The sports programming streaming service’s shares jumped 4.5% in premarket trading after it received approval from Arizona regulators to offer mobile wagering in the state. Arizona is the second state to allow fuboTV to offer such betting, following a recent approval in Iowa.</p>\n<p><a href=\"https://laohu8.com/S/ACB\">Aurora Cannabis Inc</a> – The cannabis producer’s shares were upgraded to “hold” from “underperform” at Jefferies, which cited a number of factors including valuation. The stock added 1% in premarket trading.</p>\n<p><a href=\"https://laohu8.com/S/MSTR\">MicroStrategy</a> – The business analytics company’s stock rose 3.1% in the premarket, as it continues to closely track movements in bitcoin. MicroStrategy has more than $5 billion in bitcoin on its balance sheet.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1136677026","content_text":"U.S. stock index futures held near record highs on Friday as all attention shifted to the highly anticipated jobs report that could feed into the Federal Reserve’s plans to taper its massive pandemic-era stimulus.\nAt 8:05 a.m. ET, Dow E-minis were up 46 points, or 0.13%, S&P 500 E-minis were up 7.75 points, or 0.17% and Nasdaq 100 E-minis were up 25.75 points, or 0.17%.\n*Source From Tiger Trade, EST 08:05\nThe S&P 500 and the Nasdaq have scaled all-time highs over the past few weeks on support from robust corporate earnings, but investors have grown cautious recently as the Fed issued hawkish signals while data pointed to a slowdown in a broader economic recovery.\nThe labor market remains the key touchstone for the Fed, with Chair Jerome Powell hinting at the Jackson Hole Symposium last week that reaching full employment was a pre-requisite for the central bank to start paring back its asset purchases.\nStocks making the biggest moves in the premarket:\nNetflix – The video streaming service’s stock remains on watch today after rising in 14 of the past 15 sessions and hitting an all-time high in Thursday’s session.\nMongoDB Inc. – MongoDB lost 24 cents per share for its latest quarter, narrower than the 39 cent loss that analysts anticipated. The database platform company also reported better-than-expected revenue and gave upbeat current-quarter revenue guidance. Shares soared 13.5% in premarket action.\nPagerDuty, Inc. – PagerDuty shares surged 14.5% in the premarket, after reporting a loss and revenue that beat consensus. The provider of digital operations management solutions reported an adjusted loss of 13 cents per share for its latest quarter, 2 cents narrower than expected, while issuing a strong current-quarter revenue outlook.\nHewlett Packard Enterprise – Hewlett Packard Enterprise came in 5 cents ahead of estimates with adjusted quarterly earnings of 47 cents per share, while revenue was essentially in line with analyst forecasts. The company’s business continues to get a boost from the pandemic-driven move to digital operations.\nWestern Digital – The disk drive maker’s shares added 1.9% in the premarket, following a published report in Japan saying memory chip maker Kioxia favors a planned initial public offering over a possible merger with Western Digital. The two sides had reportedly been in advanced talks to merge in a deal worth $20 billion or more.\nDocusign – DocuSign beat estimates by 7 cents with adjusted quarterly earnings of 47 cents per share and revenue that topped Street forecasts. The provider of electronic signature technology also raised its full-year guidance for total revenue, subscription revenue and billings.\nBroadcom – The chip maker reported adjusted quarterly earnings of $6.96 per share, 8 cents above estimates, with revenue slightly above consensus. Broadcom also issued an upbeat current-quarter outlook as it continues to see strong demand in the 5G mobile market.\nfuboTV Inc. – The sports programming streaming service’s shares jumped 4.5% in premarket trading after it received approval from Arizona regulators to offer mobile wagering in the state. Arizona is the second state to allow fuboTV to offer such betting, following a recent approval in Iowa.\nAurora Cannabis Inc – The cannabis producer’s shares were upgraded to “hold” from “underperform” at Jefferies, which cited a number of factors including valuation. The stock added 1% in premarket trading.\nMicroStrategy – The business analytics company’s stock rose 3.1% in the premarket, as it continues to closely track movements in bitcoin. MicroStrategy has more than $5 billion in bitcoin on its balance sheet.","news_type":1},"isVote":1,"tweetType":1,"viewCount":552,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":812393834,"gmtCreate":1630550686528,"gmtModify":1631889383355,"author":{"id":"3577921698084479","authorId":"3577921698084479","name":"jojotay","avatar":"https://static.tigerbbs.com/c4d0b8e980a43f142db4742d668b6d86","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577921698084479","authorIdStr":"3577921698084479"},"themes":[],"htmlText":"[Strong] ","listText":"[Strong] ","text":"[Strong]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/812393834","repostId":"1121030066","repostType":4,"isVote":1,"tweetType":1,"viewCount":719,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":812393994,"gmtCreate":1630550663918,"gmtModify":1631889383359,"author":{"id":"3577921698084479","authorId":"3577921698084479","name":"jojotay","avatar":"https://static.tigerbbs.com/c4d0b8e980a43f142db4742d668b6d86","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577921698084479","authorIdStr":"3577921698084479"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/812393994","repostId":"2164481914","repostType":4,"isVote":1,"tweetType":1,"viewCount":456,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":812399743,"gmtCreate":1630550644682,"gmtModify":1631892732251,"author":{"id":"3577921698084479","authorId":"3577921698084479","name":"jojotay","avatar":"https://static.tigerbbs.com/c4d0b8e980a43f142db4742d668b6d86","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577921698084479","authorIdStr":"3577921698084479"},"themes":[],"htmlText":"Good post","listText":"Good post","text":"Good post","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/812399743","repostId":"1110833427","repostType":2,"isVote":1,"tweetType":1,"viewCount":273,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":812399335,"gmtCreate":1630550619927,"gmtModify":1631892732258,"author":{"id":"3577921698084479","authorId":"3577921698084479","name":"jojotay","avatar":"https://static.tigerbbs.com/c4d0b8e980a43f142db4742d668b6d86","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577921698084479","authorIdStr":"3577921698084479"},"themes":[],"htmlText":"Nice!!","listText":"Nice!!","text":"Nice!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/812399335","repostId":"1187594690","repostType":2,"repost":{"id":"1187594690","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1630541802,"share":"https://www.laohu8.com/m/news/1187594690?lang=&edition=full","pubTime":"2021-09-02 08:16","market":"us","language":"en","title":"Could Support.com, Vinco Ventures See GameStop-, AMC-Style Short Squeeze?","url":"https://stock-news.laohu8.com/highlight/detail?id=1187594690","media":"Benzinga","summary":"Support.com and Vinco Ventures, Inc. are up more than 200% over the last month amid increasing retai","content":"<p><b><a href=\"https://laohu8.com/S/SPRT\">Support.com</a> </b>and <b><a href=\"https://laohu8.com/S/BBIG\">Vinco Ventures, Inc.</a> </b>are up more than 200% over the last month amid increasing retail investor interest.</p>\n<p><b>Ihor Dusaniwsky</b>, head of predictive analytics at S3 Partners, says a sizable short squeeze in Support.com and Vinco Ventures may not ever occur, he said Wednesday on CNBC.</p>\n<p>Most people are familiar with the short squeezes that took place in <b><a href=\"https://laohu8.com/S/GME\">GameStop</a></b> and <b><a href=\"https://laohu8.com/S/AMC\">AMC Entertainment</a></b>, which Dusaniwsky refers to as \"OG meme stocks.\"</p>\n<p>The move starts with \"act one,\" which entails relentless buying, pushing the stock price higher. This is followed by \"act two,\" in which short sellers cover their positions, creating a short squeeze situation, Dusaniwsky said.</p>\n<p>\"We've got the act one in stocks like BBIG and SPRT, but unfortunately there's not enough short selling to have a big effect on the stock price.\"</p>\n<p>There are 6 million shares being shorted in Support.com and 10 million shares being shorted in Vinco Ventures, he told CNBC.</p>\n<p>Even if the short sellers cover their positions, it won't affect the share price much because it's such a small amount of shares compared to the daily trading volume, Dusaniwsky said.</p>\n<p>\"I'm not saying there's not going to be a short squeeze in these names, because there very well could be.\"</p>\n<p>Dusaniwsky told CNBC the squeeze just isn't going to be nearly as significant as the ones that took place in GameStop and AMC Entertainment.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Could Support.com, Vinco Ventures See GameStop-, AMC-Style Short Squeeze?</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\">\nCould Support.com, Vinco Ventures See GameStop-, AMC-Style Short Squeeze?\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-09-02 08:16</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p><b><a href=\"https://laohu8.com/S/SPRT\">Support.com</a> </b>and <b><a href=\"https://laohu8.com/S/BBIG\">Vinco Ventures, Inc.</a> </b>are up more than 200% over the last month amid increasing retail investor interest.</p>\n<p><b>Ihor Dusaniwsky</b>, head of predictive analytics at S3 Partners, says a sizable short squeeze in Support.com and Vinco Ventures may not ever occur, he said Wednesday on CNBC.</p>\n<p>Most people are familiar with the short squeezes that took place in <b><a href=\"https://laohu8.com/S/GME\">GameStop</a></b> and <b><a href=\"https://laohu8.com/S/AMC\">AMC Entertainment</a></b>, which Dusaniwsky refers to as \"OG meme stocks.\"</p>\n<p>The move starts with \"act one,\" which entails relentless buying, pushing the stock price higher. This is followed by \"act two,\" in which short sellers cover their positions, creating a short squeeze situation, Dusaniwsky said.</p>\n<p>\"We've got the act one in stocks like BBIG and SPRT, but unfortunately there's not enough short selling to have a big effect on the stock price.\"</p>\n<p>There are 6 million shares being shorted in Support.com and 10 million shares being shorted in Vinco Ventures, he told CNBC.</p>\n<p>Even if the short sellers cover their positions, it won't affect the share price much because it's such a small amount of shares compared to the daily trading volume, Dusaniwsky said.</p>\n<p>\"I'm not saying there's not going to be a short squeeze in these names, because there very well could be.\"</p>\n<p>Dusaniwsky told CNBC the squeeze just isn't going to be nearly as significant as the ones that took place in GameStop and AMC Entertainment.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BBIG":"Vinco Ventures, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1187594690","content_text":"Support.com and Vinco Ventures, Inc. are up more than 200% over the last month amid increasing retail investor interest.\nIhor Dusaniwsky, head of predictive analytics at S3 Partners, says a sizable short squeeze in Support.com and Vinco Ventures may not ever occur, he said Wednesday on CNBC.\nMost people are familiar with the short squeezes that took place in GameStop and AMC Entertainment, which Dusaniwsky refers to as \"OG meme stocks.\"\nThe move starts with \"act one,\" which entails relentless buying, pushing the stock price higher. This is followed by \"act two,\" in which short sellers cover their positions, creating a short squeeze situation, Dusaniwsky said.\n\"We've got the act one in stocks like BBIG and SPRT, but unfortunately there's not enough short selling to have a big effect on the stock price.\"\nThere are 6 million shares being shorted in Support.com and 10 million shares being shorted in Vinco Ventures, he told CNBC.\nEven if the short sellers cover their positions, it won't affect the share price much because it's such a small amount of shares compared to the daily trading volume, Dusaniwsky said.\n\"I'm not saying there's not going to be a short squeeze in these names, because there very well could be.\"\nDusaniwsky told CNBC the squeeze just isn't going to be nearly as significant as the ones that took place in GameStop and AMC Entertainment.","news_type":1},"isVote":1,"tweetType":1,"viewCount":258,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":816500599,"gmtCreate":1630505837211,"gmtModify":1631892732260,"author":{"id":"3577921698084479","authorId":"3577921698084479","name":"jojotay","avatar":"https://static.tigerbbs.com/c4d0b8e980a43f142db4742d668b6d86","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577921698084479","authorIdStr":"3577921698084479"},"themes":[],"htmlText":"Like my post ","listText":"Like my post ","text":"Like my post","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/816500599","repostId":"1150578459","repostType":2,"repost":{"id":"1150578459","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1630498127,"share":"https://www.laohu8.com/m/news/1150578459?lang=&edition=full","pubTime":"2021-09-01 20:08","market":"us","language":"en","title":"Toplines Before US Market Open on Wednesday","url":"https://stock-news.laohu8.com/highlight/detail?id=1150578459","media":"Tiger Newspress","summary":"U.S. stock index futures rose on Wednesday and put the S&P 500 on course to a new opening high, as i","content":"<p>U.S. stock index futures rose on Wednesday and put the S&P 500 on course to a new opening high, as investors awaited private jobs data and factory activity indicators for hints on the U.S. central bank’s policy tightening plans.</p>\n<p>At 8:05 a.m. ET, Dow E-minis were up 111 points, or 0.31%, S&P 500 E-minis were up 15.5 points, or 0.34% and Nasdaq 100 E-minis were up 40.5 points, or 0.26%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8c9a5df62064a2a342e83495168d97a9\" tg-width=\"678\" tg-height=\"226\" width=\"100%\" height=\"auto\"><span>*Source From Tiger Trade, EST 08:05</span></p>\n<p>Wall Street’s main indexes have scaled record highs recently, with the S&P 500 marking a solid 2.9% rise in August as investors shrugged off risks around a rise in new infections and hoped for a gradual removal of stimulus by the Federal Reserve.</p>\n<p><b>Stocks making the biggest moves in the premarket:</b></p>\n<p><a href=\"https://laohu8.com/S/CPB\">Campbell Soup</a> – The food producer beat top and bottom-line estimates for its latest quarter, earning an adjusted 55 cents per share and beating consensus by 7 cents. It issued a fiscal 2022 adjusted earnings outlook of $2.75-$2.85 per share, compared with a consensus estimate of $2.87, as it deals with higher input costs and a constrained labor market. Shares were initially up more than 1% in premarket trading but subsequently trimmed those gains.</p>\n<p><a href=\"https://laohu8.com/S/PVH\">PVH Corp</a> – PVH reported adjusted quarterly earnings of $2.72 per share, well above the $1.20 consensus estimate, while the apparel maker’s revenue topped forecasts as well. The company behind the Tommy Hilfiger and Calvin Klein brands also raised its full-year revenue forecast. PVH shares surged 7.8% in the premarket.</p>\n<p><a href=\"https://laohu8.com/S/AMBA\">Ambarella</a> – Ambarella rallied 9.1% in premarket trading after it came in 10 cents above estimates with an adjusted quarterly profit of 35 cents per share. Revenue also beat analyst projections. The maker of chips for cars and cameras said demand is high and that revenue could reach a 5-year high for the current quarter.</p>\n<p><a href=\"https://laohu8.com/S/CRWD\">CrowdStrike Holdings, Inc.</a> – CrowdStrike beat Street forecasts by 2 cents with adjusted quarterly earnings of 11 cents per share, while revenue came in above estimates as well. The cybersecurity company also raised its full-year outlook, but shares fell 2.2% in premarket action.</p>\n<p><a href=\"https://laohu8.com/S/PHG\">Royal Philips NV</a> – Philips received permission from the FDA to begin repairing and replacing its DreamStation respiratory devices after the agency approved its proposal for replacing sound abatement material. The Dutch technology company issued a recall in June for up to 4 million of the devices to fix a potential toxicity problem with sound abatement foam. Philips gained 2.3% in the premarket.</p>\n<p><a href=\"https://laohu8.com/S/RUN\">Sunrun</a> – The solar energy company’s stock jumped 3.6% in the premarket following two positive analyst mentions. It was added to the U.S. Analyst Focus List at JPMorgan Chase, and it was also among clean energy stocks rated “market overweight” in new coverage at Wolfe Research. Wolfe said the clean energy transition is a secular trend that will last well past the current economic cycle.</p>\n<p><a href=\"https://laohu8.com/S/NIO\">NIO Inc.</a> – The China-based electric vehicle maker’s shares slid 4.6% in premarket trading after it cut its third-quarter delivery outlook, citing supply chain constraints.</p>\n<p><a href=\"https://laohu8.com/S/INTU\">Intuit</a> – Intuit is in talks to buy e-mail marketing firm Mailchimp for more than $10 billion, according to people familiar with the matter who spoke to Bloomberg. Such a deal would add to the personal finance software company’s tools for small businesses, which include QuickBooks and Credit Karma.</p>\n<p><a href=\"https://laohu8.com/S/LUV\">Southwest Airlines</a> – Southwest pilots are suing the airline over changes made to working conditions as the Covid-19 pandemic took hold. The pilots contend those changes should have been subject to bargaining with its union, while the company said such bargaining was not required.</p>\n<p><a href=\"https://laohu8.com/S/CNI\">Canadian National Railway</a> – Canadian National will not be allowed to use a temporary voting trust as part of its $30 billion deal to buyKansas City Southern(KSU), following a ruling from the Surface Transportation Board. That could present a significant obstacle to completing the deal, and another opportunity forCanadian Pacific Railway(CP), which has also offered to buy Kansas City Southern.</p>\n<p><a href=\"https://laohu8.com/S/SFM\">Sprouts Farmers</a> – Sprouts said its Chief Financial Officer Denise Paulonis is leaving the natural foods supermarket chain, with board member Lawrence Molloy succeeding Paulonis on Sept. 25.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Toplines Before US Market Open on Wednesday</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\">\nToplines Before US Market Open on Wednesday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-09-01 20:08</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>U.S. stock index futures rose on Wednesday and put the S&P 500 on course to a new opening high, as investors awaited private jobs data and factory activity indicators for hints on the U.S. central bank’s policy tightening plans.</p>\n<p>At 8:05 a.m. ET, Dow E-minis were up 111 points, or 0.31%, S&P 500 E-minis were up 15.5 points, or 0.34% and Nasdaq 100 E-minis were up 40.5 points, or 0.26%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8c9a5df62064a2a342e83495168d97a9\" tg-width=\"678\" tg-height=\"226\" width=\"100%\" height=\"auto\"><span>*Source From Tiger Trade, EST 08:05</span></p>\n<p>Wall Street’s main indexes have scaled record highs recently, with the S&P 500 marking a solid 2.9% rise in August as investors shrugged off risks around a rise in new infections and hoped for a gradual removal of stimulus by the Federal Reserve.</p>\n<p><b>Stocks making the biggest moves in the premarket:</b></p>\n<p><a href=\"https://laohu8.com/S/CPB\">Campbell Soup</a> – The food producer beat top and bottom-line estimates for its latest quarter, earning an adjusted 55 cents per share and beating consensus by 7 cents. It issued a fiscal 2022 adjusted earnings outlook of $2.75-$2.85 per share, compared with a consensus estimate of $2.87, as it deals with higher input costs and a constrained labor market. Shares were initially up more than 1% in premarket trading but subsequently trimmed those gains.</p>\n<p><a href=\"https://laohu8.com/S/PVH\">PVH Corp</a> – PVH reported adjusted quarterly earnings of $2.72 per share, well above the $1.20 consensus estimate, while the apparel maker’s revenue topped forecasts as well. The company behind the Tommy Hilfiger and Calvin Klein brands also raised its full-year revenue forecast. PVH shares surged 7.8% in the premarket.</p>\n<p><a href=\"https://laohu8.com/S/AMBA\">Ambarella</a> – Ambarella rallied 9.1% in premarket trading after it came in 10 cents above estimates with an adjusted quarterly profit of 35 cents per share. Revenue also beat analyst projections. The maker of chips for cars and cameras said demand is high and that revenue could reach a 5-year high for the current quarter.</p>\n<p><a href=\"https://laohu8.com/S/CRWD\">CrowdStrike Holdings, Inc.</a> – CrowdStrike beat Street forecasts by 2 cents with adjusted quarterly earnings of 11 cents per share, while revenue came in above estimates as well. The cybersecurity company also raised its full-year outlook, but shares fell 2.2% in premarket action.</p>\n<p><a href=\"https://laohu8.com/S/PHG\">Royal Philips NV</a> – Philips received permission from the FDA to begin repairing and replacing its DreamStation respiratory devices after the agency approved its proposal for replacing sound abatement material. The Dutch technology company issued a recall in June for up to 4 million of the devices to fix a potential toxicity problem with sound abatement foam. Philips gained 2.3% in the premarket.</p>\n<p><a href=\"https://laohu8.com/S/RUN\">Sunrun</a> – The solar energy company’s stock jumped 3.6% in the premarket following two positive analyst mentions. It was added to the U.S. Analyst Focus List at JPMorgan Chase, and it was also among clean energy stocks rated “market overweight” in new coverage at Wolfe Research. Wolfe said the clean energy transition is a secular trend that will last well past the current economic cycle.</p>\n<p><a href=\"https://laohu8.com/S/NIO\">NIO Inc.</a> – The China-based electric vehicle maker’s shares slid 4.6% in premarket trading after it cut its third-quarter delivery outlook, citing supply chain constraints.</p>\n<p><a href=\"https://laohu8.com/S/INTU\">Intuit</a> – Intuit is in talks to buy e-mail marketing firm Mailchimp for more than $10 billion, according to people familiar with the matter who spoke to Bloomberg. Such a deal would add to the personal finance software company’s tools for small businesses, which include QuickBooks and Credit Karma.</p>\n<p><a href=\"https://laohu8.com/S/LUV\">Southwest Airlines</a> – Southwest pilots are suing the airline over changes made to working conditions as the Covid-19 pandemic took hold. The pilots contend those changes should have been subject to bargaining with its union, while the company said such bargaining was not required.</p>\n<p><a href=\"https://laohu8.com/S/CNI\">Canadian National Railway</a> – Canadian National will not be allowed to use a temporary voting trust as part of its $30 billion deal to buyKansas City Southern(KSU), following a ruling from the Surface Transportation Board. That could present a significant obstacle to completing the deal, and another opportunity forCanadian Pacific Railway(CP), which has also offered to buy Kansas City Southern.</p>\n<p><a href=\"https://laohu8.com/S/SFM\">Sprouts Farmers</a> – Sprouts said its Chief Financial Officer Denise Paulonis is leaving the natural foods supermarket chain, with board member Lawrence Molloy succeeding Paulonis on Sept. 25.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150578459","content_text":"U.S. stock index futures rose on Wednesday and put the S&P 500 on course to a new opening high, as investors awaited private jobs data and factory activity indicators for hints on the U.S. central bank’s policy tightening plans.\nAt 8:05 a.m. ET, Dow E-minis were up 111 points, or 0.31%, S&P 500 E-minis were up 15.5 points, or 0.34% and Nasdaq 100 E-minis were up 40.5 points, or 0.26%.\n*Source From Tiger Trade, EST 08:05\nWall Street’s main indexes have scaled record highs recently, with the S&P 500 marking a solid 2.9% rise in August as investors shrugged off risks around a rise in new infections and hoped for a gradual removal of stimulus by the Federal Reserve.\nStocks making the biggest moves in the premarket:\nCampbell Soup – The food producer beat top and bottom-line estimates for its latest quarter, earning an adjusted 55 cents per share and beating consensus by 7 cents. It issued a fiscal 2022 adjusted earnings outlook of $2.75-$2.85 per share, compared with a consensus estimate of $2.87, as it deals with higher input costs and a constrained labor market. Shares were initially up more than 1% in premarket trading but subsequently trimmed those gains.\nPVH Corp – PVH reported adjusted quarterly earnings of $2.72 per share, well above the $1.20 consensus estimate, while the apparel maker’s revenue topped forecasts as well. The company behind the Tommy Hilfiger and Calvin Klein brands also raised its full-year revenue forecast. PVH shares surged 7.8% in the premarket.\nAmbarella – Ambarella rallied 9.1% in premarket trading after it came in 10 cents above estimates with an adjusted quarterly profit of 35 cents per share. Revenue also beat analyst projections. The maker of chips for cars and cameras said demand is high and that revenue could reach a 5-year high for the current quarter.\nCrowdStrike Holdings, Inc. – CrowdStrike beat Street forecasts by 2 cents with adjusted quarterly earnings of 11 cents per share, while revenue came in above estimates as well. The cybersecurity company also raised its full-year outlook, but shares fell 2.2% in premarket action.\nRoyal Philips NV – Philips received permission from the FDA to begin repairing and replacing its DreamStation respiratory devices after the agency approved its proposal for replacing sound abatement material. The Dutch technology company issued a recall in June for up to 4 million of the devices to fix a potential toxicity problem with sound abatement foam. Philips gained 2.3% in the premarket.\nSunrun – The solar energy company’s stock jumped 3.6% in the premarket following two positive analyst mentions. It was added to the U.S. Analyst Focus List at JPMorgan Chase, and it was also among clean energy stocks rated “market overweight” in new coverage at Wolfe Research. Wolfe said the clean energy transition is a secular trend that will last well past the current economic cycle.\nNIO Inc. – The China-based electric vehicle maker’s shares slid 4.6% in premarket trading after it cut its third-quarter delivery outlook, citing supply chain constraints.\nIntuit – Intuit is in talks to buy e-mail marketing firm Mailchimp for more than $10 billion, according to people familiar with the matter who spoke to Bloomberg. Such a deal would add to the personal finance software company’s tools for small businesses, which include QuickBooks and Credit Karma.\nSouthwest Airlines – Southwest pilots are suing the airline over changes made to working conditions as the Covid-19 pandemic took hold. The pilots contend those changes should have been subject to bargaining with its union, while the company said such bargaining was not required.\nCanadian National Railway – Canadian National will not be allowed to use a temporary voting trust as part of its $30 billion deal to buyKansas City Southern(KSU), following a ruling from the Surface Transportation Board. That could present a significant obstacle to completing the deal, and another opportunity forCanadian Pacific Railway(CP), which has also offered to buy Kansas City Southern.\nSprouts Farmers – Sprouts said its Chief Financial Officer Denise Paulonis is leaving the natural foods supermarket chain, with board member Lawrence Molloy succeeding Paulonis on Sept. 25.","news_type":1},"isVote":1,"tweetType":1,"viewCount":359,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":818016645,"gmtCreate":1630365883087,"gmtModify":1704959043685,"author":{"id":"3577921698084479","authorId":"3577921698084479","name":"jojotay","avatar":"https://static.tigerbbs.com/c4d0b8e980a43f142db4742d668b6d86","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577921698084479","authorIdStr":"3577921698084479"},"themes":[],"htmlText":"Good post","listText":"Good post","text":"Good post","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/818016645","repostId":"2163833181","repostType":4,"isVote":1,"tweetType":1,"viewCount":337,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":837536611,"gmtCreate":1629899097833,"gmtModify":1631892732264,"author":{"id":"3577921698084479","authorId":"3577921698084479","name":"jojotay","avatar":"https://static.tigerbbs.com/c4d0b8e980a43f142db4742d668b6d86","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577921698084479","authorIdStr":"3577921698084479"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/837536611","repostId":"2162059068","repostType":4,"isVote":1,"tweetType":1,"viewCount":199,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":837538695,"gmtCreate":1629899058917,"gmtModify":1631892732266,"author":{"id":"3577921698084479","authorId":"3577921698084479","name":"jojotay","avatar":"https://static.tigerbbs.com/c4d0b8e980a43f142db4742d668b6d86","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577921698084479","authorIdStr":"3577921698084479"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/837538695","repostId":"2162087564","repostType":4,"isVote":1,"tweetType":1,"viewCount":277,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":835573424,"gmtCreate":1629729110768,"gmtModify":1631892732274,"author":{"id":"3577921698084479","authorId":"3577921698084479","name":"jojotay","avatar":"https://static.tigerbbs.com/c4d0b8e980a43f142db4742d668b6d86","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577921698084479","authorIdStr":"3577921698084479"},"themes":[],"htmlText":"[Strong] ","listText":"[Strong] ","text":"[Strong]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/835573424","repostId":"2161418779","repostType":4,"isVote":1,"tweetType":1,"viewCount":326,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":836665212,"gmtCreate":1629477464836,"gmtModify":1631892732275,"author":{"id":"3577921698084479","authorId":"3577921698084479","name":"jojotay","avatar":"https://static.tigerbbs.com/c4d0b8e980a43f142db4742d668b6d86","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577921698084479","authorIdStr":"3577921698084479"},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/836665212","repostId":"2160271025","repostType":4,"repost":{"id":"2160271025","kind":"news","pubTimestamp":1629472454,"share":"https://www.laohu8.com/m/news/2160271025?lang=&edition=full","pubTime":"2021-08-20 23:14","market":"us","language":"en","title":"4 Stocks Insiders Are Selling","url":"https://stock-news.laohu8.com/highlight/detail?id=2160271025","media":"Benzinga","summary":"When insiders sell shares, it indicates their concern in the company’s prospects or that they view t","content":"<p><img src=\"https://s1.yimg.com/uu/api/res/1.2/uuel8MXZ67u5P3beVgfBWQ--/cT03NTthcHBpZD15dmlkZW9mZWVkczs-/https://media.zenfs.com/en/Benzinga/8458419fd90ed89547b2be1234261dd6\" tg-width=\"600\" tg-height=\"400\" referrerpolicy=\"no-referrer\"></p>\n<p>When insiders sell shares, it indicates their concern in the company’s prospects or that they view the stock as being overpriced. Either way, this signals an opportunity to go short on the stock. Insider sales should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a selling decision.</p>\n<p>Below is a look at a few recent notable insider sales. For more, check out <i> Benzinga's insider transactions </i> platform.</p>\n<p><b><a href=\"https://laohu8.com/S/GOOG\">Alphabet</a> </b></p>\n<p><b>The Trade:</b> <b> <a href=\"https://laohu8.com/S/GOOGL\">Alphabet</a> Inc.</b> (NASDAQ: GOOG) Director Larry Page<i> disposed a total of 13889 shares </i> at an average price of $2,751.73. The insider received $38,218,718.69 as a result of the transaction.</p>\n<p><b>What’s Happening:</b> GE Appliances and Google signed a multi-year deal to build next-gen smart home appliances, Reuters reported.</p>\n<p><b>What Alphabet Does:</b> Alphabet is a holding company, with Google, the Internet media giant, as a wholly owned subsidiary. Google generates 99% of Alphabet revenue, of which more than 85% is from online ads.</p>\n<p><b><a href=\"https://laohu8.com/S/ADMA\">ADMA Biologics</a> </b></p>\n<p><b>The Trade:</b> <b> ADMA Biologics, Inc.</b> (NASDAQ: ADMA) 10% owner Perceptive Advisors Llc, Perceptive Life Sciences Master Fund Ltd, Joseph Edelman<i> sold a total of 1781824 shares </i> at an average price of $1.31. The insider received $2,333,780.88 from selling those shares.</p>\n<p><b>What’s Happening:</b> The FDA recently approved ADMA Biologics BioCenters plasma collection facility in Maryville, Tennessee.</p>\n<p><b>What ADMA Biologics Does:</b> <a href=\"https://laohu8.com/S/ADMA\">ADMA Biologics Inc</a> is an end-to-end commercial biopharmaceutical company dedicated to manufacturing, marketing and developing specialty plasma-derived biologics for the treatment of immunodeficient patients at risk for infection and others at risk for certain infectious diseases.</p>\n<p><b>Trimble </b></p>\n<p><b>The Trade:</b><b> <a href=\"https://laohu8.com/S/TRMB\">Trimble Navigation</a></b> (NASDAQ: TRMB) Director Steven Berglund<i> sold a total of 60000 shares </i> at an average price of $88.40. The insider received $5,304,118.61 as a result of the transaction.</p>\n<p><b>What’s Happening:</b> Trimble reported a new $750 million buyback program.</p>\n<p><b>What Trimble Does:</b> Trimble Inc provides location-based solutions that are used in global positioning system (GPS), laser, optical and inertial technologies.</p>\n<p><b>Eli Lilly </b></p>\n<p><b>The Trade:</b> <b> <a href=\"https://laohu8.com/S/LLY\">Eli Lilly and</a> Company.</b> (NYSE: LLY) 10% owner Lilly Endowment Inc<i> sold a total of 15430 shares </i> at an average price of $274.31. The insider received $4,232,603.30 from selling those shares.</p>\n<p><b>What’s Happening:</b> The FDA recently approved Eli Lilly - Boehringer Ingelheim's Jardiance (empagliflozin) 10 mg for heart failure.</p>\n<p><b>What Eli Lilly Does:</b> Eli Lilly is a drug firm with a focus on neuroscience, endocrinology, oncology, and immunology.</p>","source":"yahoofinance","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>4 Stocks Insiders Are Selling</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\">\n4 Stocks Insiders Are Selling\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-20 23:14 GMT+8 <a href=https://finance.yahoo.com/news/4-stocks-insiders-selling-120353734.html><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>When insiders sell shares, it indicates their concern in the company’s prospects or that they view the stock as being overpriced. Either way, this signals an opportunity to go short on the stock. ...</p>\n\n<a href=\"https://finance.yahoo.com/news/4-stocks-insiders-selling-120353734.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/5918b54af9d1fdfb3186789692d900cd","relate_stocks":{"GOOG":"谷歌","TRMB":"天宝导航","GOOGL":"谷歌A","ADMA":"ADMA Biologics Inc","LLY":"礼来"},"source_url":"https://finance.yahoo.com/news/4-stocks-insiders-selling-120353734.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2160271025","content_text":"When insiders sell shares, it indicates their concern in the company’s prospects or that they view the stock as being overpriced. Either way, this signals an opportunity to go short on the stock. Insider sales should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a selling decision.\nBelow is a look at a few recent notable insider sales. For more, check out Benzinga's insider transactions platform.\nAlphabet \nThe Trade: Alphabet Inc. (NASDAQ: GOOG) Director Larry Page disposed a total of 13889 shares at an average price of $2,751.73. The insider received $38,218,718.69 as a result of the transaction.\nWhat’s Happening: GE Appliances and Google signed a multi-year deal to build next-gen smart home appliances, Reuters reported.\nWhat Alphabet Does: Alphabet is a holding company, with Google, the Internet media giant, as a wholly owned subsidiary. Google generates 99% of Alphabet revenue, of which more than 85% is from online ads.\nADMA Biologics \nThe Trade: ADMA Biologics, Inc. (NASDAQ: ADMA) 10% owner Perceptive Advisors Llc, Perceptive Life Sciences Master Fund Ltd, Joseph Edelman sold a total of 1781824 shares at an average price of $1.31. The insider received $2,333,780.88 from selling those shares.\nWhat’s Happening: The FDA recently approved ADMA Biologics BioCenters plasma collection facility in Maryville, Tennessee.\nWhat ADMA Biologics Does: ADMA Biologics Inc is an end-to-end commercial biopharmaceutical company dedicated to manufacturing, marketing and developing specialty plasma-derived biologics for the treatment of immunodeficient patients at risk for infection and others at risk for certain infectious diseases.\nTrimble \nThe Trade: Trimble Navigation (NASDAQ: TRMB) Director Steven Berglund sold a total of 60000 shares at an average price of $88.40. The insider received $5,304,118.61 as a result of the transaction.\nWhat’s Happening: Trimble reported a new $750 million buyback program.\nWhat Trimble Does: Trimble Inc provides location-based solutions that are used in global positioning system (GPS), laser, optical and inertial technologies.\nEli Lilly \nThe Trade: Eli Lilly and Company. (NYSE: LLY) 10% owner Lilly Endowment Inc sold a total of 15430 shares at an average price of $274.31. The insider received $4,232,603.30 from selling those shares.\nWhat’s Happening: The FDA recently approved Eli Lilly - Boehringer Ingelheim's Jardiance (empagliflozin) 10 mg for heart failure.\nWhat Eli Lilly Does: Eli Lilly is a drug firm with a focus on neuroscience, endocrinology, oncology, and immunology.","news_type":1},"isVote":1,"tweetType":1,"viewCount":214,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":839477574,"gmtCreate":1629178390598,"gmtModify":1631892732277,"author":{"id":"3577921698084479","authorId":"3577921698084479","name":"jojotay","avatar":"https://static.tigerbbs.com/c4d0b8e980a43f142db4742d668b6d86","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577921698084479","authorIdStr":"3577921698084479"},"themes":[],"htmlText":"Good post","listText":"Good post","text":"Good post","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/839477574","repostId":"1162723925","repostType":4,"repost":{"id":"1162723925","kind":"news","pubTimestamp":1629170609,"share":"https://www.laohu8.com/m/news/1162723925?lang=&edition=full","pubTime":"2021-08-17 11:23","market":"us","language":"en","title":"Micron Technology: Winter May Be Coming, But Not This Year... Nor The Next","url":"https://stock-news.laohu8.com/highlight/detail?id=1162723925","media":"seekingalpha","summary":"Summary\n\nThe Morgan Stanley downgrade of Memory chips was based on PC DRAM ASPs that represent just ","content":"<p><b>Summary</b></p>\n<ul>\n <li>The Morgan Stanley downgrade of Memory chips was based on PC DRAM ASPs that represent just 15% of the total DRAM demand.</li>\n <li>The report addressed dropping PC sales, but failed to recognize that DRAM content per PC is increasing each year.</li>\n <li>The report focuses on DRAM spot prices, instead of contract prices that make up 90% of supplier ASPs.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/72f0a26068ce9a56688977e5a0dd9578\" tg-width=\"1536\" tg-height=\"1024\" referrerpolicy=\"no-referrer\"><span>borisyankov/E+ via Getty Images</span></p>\n<p>Morgan Stanley analysts downgraded Micron(NASDAQ:MU)to equal weight from overweight, in their industry report titled, “Memory - Winter Is Coming.\" MS cautioned of a coming cool down in the DRAM memory business that could lead to lower DRAM prices.</p>\n<p>Morgan Stanley noted that</p>\n<blockquote>\n “DRAM conditions are losing steam, and our inflection signposts suggest caution from here there’s been a change from mid-cycle to late cycle, and that this phase-change has historically meant a challenging backdrop for forward returns.”\n</blockquote>\n<p>Micron Technology’sstock had its worst single-day percentage decline since March 16, 2020, when it fell 19.8%. MU's stock price for the past year is shown in Chart 1, illustrating the sell-off in the past few days coupled with a drop of more than 25% since reaching a high on April 12, 2021.</p>\n<p><img src=\"https://static.tigerbbs.com/ea0b20556a40eb39c18b7aa1ed295e1c\" tg-width=\"634\" tg-height=\"416\" referrerpolicy=\"no-referrer\"></p>\n<p>Chart 1</p>\n<p>This article presents data that refutes the underlying case presented by Morgan Stanley that worsening DRAM demand is contributing to an acceleration of the end of the current memory upcycle leading to the start of a down cycle in 1Q 2022.</p>\n<p><b>Morgan Stanley’s Misinterpretation of Data#1 Small Percentage of PC DRAM</b></p>\n<p>The first point is the emphasis by Morgan Stanley on PC DRAM price erosion as a harbinger for the downturn in the DRAM market. Why? Because PCs represent just 15% of the demand for DRAMs,as shown in Chart 2, according to our report entitled “<i>Hot ICs: A Market Analysis of Artificial Intelligence, 5G, CMOS Image Sensors, and Memory Chips.\"</i></p>\n<p><img src=\"https://static.tigerbbs.com/0b40e66f4b73b27303075791c19fe36f\" tg-width=\"640\" tg-height=\"465\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\">Chart 2</p>\n<p><b>#2 Increased DRAM content per PC</b></p>\n<p>The 15% DRAM demand for PCs is hardly enough to cause a stop in the memory cycle. But that's beside the point. Morgan Stanley overlooks the fact that DRAM content per PC increases each year even if the PC market has slowed.</p>\n<p>Chart 3 shows that PC unit shipments between 2015 and 2023. Indeed, my forecast shows that PCs will decrease in 2022 and 2023, but the decrease is due to a normalization of PC demand following the extraordinary demand for PCs during the work/study/stay-at-home orders associated with the COVID pandemic in 2020 that carried over into 2021.</p>\n<p>Prior to 2020, the PC market was decreasing, and I anticipate a corresponding return normalcy with a decrease of a few percent per year in 2022 and 2023. I estimate that DRAM content per PC will increase from 5.5 GB in 2015 to 14 GB in 2023. That’s an increase of 2.5 times during this period.</p>\n<p><img src=\"https://static.tigerbbs.com/5732cd4948d7209d76ccb4f7628560ab\" tg-width=\"640\" tg-height=\"465\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>Chart 3</p>\n<p>Thus, although PC units will decrease, DRAM content will increase during the next two years. But factoring in the increase in DRAM content per PC, we see in Chart 4 a much different growth in DRAMs.</p>\n<p><img src=\"https://static.tigerbbs.com/7c21d24f41f7f77bc00c62ed82b44f62\" tg-width=\"640\" tg-height=\"465\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\">Chart 4</p>\n<p><b>#3 Spot ASPs are Different than Contract ASPs</b></p>\n<p>Chart 5 shows DRAM data comparison for Spot ASPs vs Contract ASPs. The entire rationale for the TrendForce and Morgan Stanley reports is the drop in spot prices in 2021, and the resultant end of the current memory cycle.</p>\n<p><img src=\"https://static.tigerbbs.com/b5a2774dcaff2d53edd141e0cc1e2d13\" tg-width=\"640\" tg-height=\"346\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\">Chart 5</p>\n<p>Why they chose the drop in spot prices as the catalyst for the end of the cycle vs. the increase in contract prices as a catalyst for strong memory growth is irrational and illogical.</p>\n<p>Importantly, there's no correlation between PC sales (Chart 3) and prices (Chart 5). In Chart 3, PC sales were at their lowest period (2017 and 2018) while ASPs were at their highest. Thus, there's an inverse relationship between PC sales and ASPs, not a direct relationship that would add credibility to the MS forecast.</p>\n<p><b>#4 Spot ASPs Are a Function of Fear, Uncertainty, and Doubt (FUD Factor)</b></p>\n<p>Also note that Chart 5 shows that spot and contract prices tracked between October 2016 and the end of 2000. A bifurcation in spot vs contract prices then took place in which spot prices escalated and then collapsed, while contract prices continued a strong growth with no abatement.</p>\n<p>This bifurcation is clearly the result of the “semiconductor shortage” in which prices on the spot market have risen as a result of a perceived shortage of memory that has been interpreted as impacting not only automobiles, but every application using chips.</p>\n<p>TrendForce attempted to explain the shortage is due to stockpiling by PC suppliers, and I agree, which I also attributed to the DRAM collapse in 2000.I discussed stockpiling and hoarding as a major factor in 2000 and 2020, in a June 24, 2021 Semiconductor Deep Dive Marketplace newsletter articlehere.</p>\n<p>However, TrendForce’s statement in its press release of downward pressure on price hikes runs counter to the data in Chart 5 that contract prices have continued to increase unabated.</p>\n<blockquote>\n “Regarding the contract market, PC OEMs currently carry relatively high levels of DRAM inventory because they substantially stocked up on PC DRAM beforehand in anticipation of an upcoming shortage. Not only has PC OEMs’ high DRAM inventory put downward pressure on possible price hikes for PC DRAM, but the gradual lifting of COVID-related restrictions in Europe and the US will also likely lower the overall demand for notebook computers, thereby pulling down the overall demand for PC DRAM.”\n</blockquote>\n<p>Spot prices are based on what a buyer is willing to pay for an item with an undercurrent of fear, uncertainty, and doubt. For example, in my June 19, 2021, SA article entitled \"Micron Technology: No Shortage, Strong Growth, Period,\" from a commenter:</p>\n<blockquote>\n \"And, to lend credence to your microcontroller hypothesis, we recently were told that we would not be able to get a $3 micro for one of our existing products. I don't know if it was a direct result of the Renesas fire or not. But when we looked at the spot market we were quoted $81 for that part (that's not a typo). So now we have to re-design that board to use a different part.\"\n</blockquote>\n<p>About 10 years ago, I was an \"expert witness\" in a solar cell litigation case, and the basis of the complaint was the fact that spot silicon prices increased from $35 per metric ton to more than $500 per metric ton in a period of a few weeks because of silicon shortages. Once silicon manufacturers started making more silicon, prices dropped.</p>\n<p>Both these examples illustrate that spot prices have no direct bearing on real (contract) prices, and are often transitory.</p>\n<p>Back to the erroneous thesis that a DRAM cycle will end based on spot prices, I show supportive data in Chart 6 that suggests their data is wrong. This chart shows DRAM ASPs as reported directly from Micron, Samsung Electronics(OTC:SSNLF)and SK Hynix(OTC:HXSCL).</p>\n<p>Comparing Chart 5 and Chart 6, it is clear that data directly from the DRAM suppliers matches the positive contract prices and not spot prices. Readers must remember also that spot prices represent only 10% of the DRAM prices paid by customers. Contract prices represent 90% of actual prices.</p>\n<p><img src=\"https://static.tigerbbs.com/7d56577da5391c86374739262f773c7f\" tg-width=\"640\" tg-height=\"465\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>Chart 6</p>\n<p>Chart 7 shows memory ASPs on a three-month moving average from the SIA (Semiconductor Industry Association). Again, comparing Chart 7 with Chart 5, it is clear that the contract prices are the more valid metric.</p>\n<p><img src=\"https://static.tigerbbs.com/be8f41d833e46a0145982559a7e23732\" tg-width=\"640\" tg-height=\"341\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>Chart 7</p>\n<p><b>Investor Takeaway</b></p>\n<p>The recent press release from TrendForce and a report a day later by Morgan Stanley is based in data that's irrational and illogical. Their analysis is based on:</p>\n<ul>\n <li>PC DRAM ASPs that represent just 15% of the total DRAM demand.</li>\n <li>A drop in PC sales, which have been in decline and only increased due to the pandemic, but low PC sales correlate with high ASPs (Charts 3 and 5).</li>\n <li>Failure to recognize that DRAM content per PC is increasing each year and that metric shows no abatement in growth.</li>\n <li>DRAM spot prices instead of contract prices, the latter of which correlate with reporting data supplied by DRAM manufacturer.</li>\n</ul>\n<p>Strong demand for memory chips will continue through 2023 as supply is held in check not by shortages but judicious capex spend. The strong demand for memory chips such as 5G, servers, and EVs present a continuing tailwind for Micron Technology.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Micron Technology: Winter May Be Coming, But Not This Year... Nor The Next</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\">\nMicron Technology: Winter May Be Coming, But Not This Year... Nor The Next\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-17 11:23 GMT+8 <a href=https://seekingalpha.com/article/4449857-micron-technology-winter-may-be-coming-but-not-this-year-nor-the-next><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nThe Morgan Stanley downgrade of Memory chips was based on PC DRAM ASPs that represent just 15% of the total DRAM demand.\nThe report addressed dropping PC sales, but failed to recognize that ...</p>\n\n<a href=\"https://seekingalpha.com/article/4449857-micron-technology-winter-may-be-coming-but-not-this-year-nor-the-next\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MU":"美光科技"},"source_url":"https://seekingalpha.com/article/4449857-micron-technology-winter-may-be-coming-but-not-this-year-nor-the-next","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162723925","content_text":"Summary\n\nThe Morgan Stanley downgrade of Memory chips was based on PC DRAM ASPs that represent just 15% of the total DRAM demand.\nThe report addressed dropping PC sales, but failed to recognize that DRAM content per PC is increasing each year.\nThe report focuses on DRAM spot prices, instead of contract prices that make up 90% of supplier ASPs.\n\nborisyankov/E+ via Getty Images\nMorgan Stanley analysts downgraded Micron(NASDAQ:MU)to equal weight from overweight, in their industry report titled, “Memory - Winter Is Coming.\" MS cautioned of a coming cool down in the DRAM memory business that could lead to lower DRAM prices.\nMorgan Stanley noted that\n\n “DRAM conditions are losing steam, and our inflection signposts suggest caution from here there’s been a change from mid-cycle to late cycle, and that this phase-change has historically meant a challenging backdrop for forward returns.”\n\nMicron Technology’sstock had its worst single-day percentage decline since March 16, 2020, when it fell 19.8%. MU's stock price for the past year is shown in Chart 1, illustrating the sell-off in the past few days coupled with a drop of more than 25% since reaching a high on April 12, 2021.\n\nChart 1\nThis article presents data that refutes the underlying case presented by Morgan Stanley that worsening DRAM demand is contributing to an acceleration of the end of the current memory upcycle leading to the start of a down cycle in 1Q 2022.\nMorgan Stanley’s Misinterpretation of Data#1 Small Percentage of PC DRAM\nThe first point is the emphasis by Morgan Stanley on PC DRAM price erosion as a harbinger for the downturn in the DRAM market. Why? Because PCs represent just 15% of the demand for DRAMs,as shown in Chart 2, according to our report entitled “Hot ICs: A Market Analysis of Artificial Intelligence, 5G, CMOS Image Sensors, and Memory Chips.\"\nChart 2\n#2 Increased DRAM content per PC\nThe 15% DRAM demand for PCs is hardly enough to cause a stop in the memory cycle. But that's beside the point. Morgan Stanley overlooks the fact that DRAM content per PC increases each year even if the PC market has slowed.\nChart 3 shows that PC unit shipments between 2015 and 2023. Indeed, my forecast shows that PCs will decrease in 2022 and 2023, but the decrease is due to a normalization of PC demand following the extraordinary demand for PCs during the work/study/stay-at-home orders associated with the COVID pandemic in 2020 that carried over into 2021.\nPrior to 2020, the PC market was decreasing, and I anticipate a corresponding return normalcy with a decrease of a few percent per year in 2022 and 2023. I estimate that DRAM content per PC will increase from 5.5 GB in 2015 to 14 GB in 2023. That’s an increase of 2.5 times during this period.\n\nChart 3\nThus, although PC units will decrease, DRAM content will increase during the next two years. But factoring in the increase in DRAM content per PC, we see in Chart 4 a much different growth in DRAMs.\nChart 4\n#3 Spot ASPs are Different than Contract ASPs\nChart 5 shows DRAM data comparison for Spot ASPs vs Contract ASPs. The entire rationale for the TrendForce and Morgan Stanley reports is the drop in spot prices in 2021, and the resultant end of the current memory cycle.\nChart 5\nWhy they chose the drop in spot prices as the catalyst for the end of the cycle vs. the increase in contract prices as a catalyst for strong memory growth is irrational and illogical.\nImportantly, there's no correlation between PC sales (Chart 3) and prices (Chart 5). In Chart 3, PC sales were at their lowest period (2017 and 2018) while ASPs were at their highest. Thus, there's an inverse relationship between PC sales and ASPs, not a direct relationship that would add credibility to the MS forecast.\n#4 Spot ASPs Are a Function of Fear, Uncertainty, and Doubt (FUD Factor)\nAlso note that Chart 5 shows that spot and contract prices tracked between October 2016 and the end of 2000. A bifurcation in spot vs contract prices then took place in which spot prices escalated and then collapsed, while contract prices continued a strong growth with no abatement.\nThis bifurcation is clearly the result of the “semiconductor shortage” in which prices on the spot market have risen as a result of a perceived shortage of memory that has been interpreted as impacting not only automobiles, but every application using chips.\nTrendForce attempted to explain the shortage is due to stockpiling by PC suppliers, and I agree, which I also attributed to the DRAM collapse in 2000.I discussed stockpiling and hoarding as a major factor in 2000 and 2020, in a June 24, 2021 Semiconductor Deep Dive Marketplace newsletter articlehere.\nHowever, TrendForce’s statement in its press release of downward pressure on price hikes runs counter to the data in Chart 5 that contract prices have continued to increase unabated.\n\n “Regarding the contract market, PC OEMs currently carry relatively high levels of DRAM inventory because they substantially stocked up on PC DRAM beforehand in anticipation of an upcoming shortage. Not only has PC OEMs’ high DRAM inventory put downward pressure on possible price hikes for PC DRAM, but the gradual lifting of COVID-related restrictions in Europe and the US will also likely lower the overall demand for notebook computers, thereby pulling down the overall demand for PC DRAM.”\n\nSpot prices are based on what a buyer is willing to pay for an item with an undercurrent of fear, uncertainty, and doubt. For example, in my June 19, 2021, SA article entitled \"Micron Technology: No Shortage, Strong Growth, Period,\" from a commenter:\n\n \"And, to lend credence to your microcontroller hypothesis, we recently were told that we would not be able to get a $3 micro for one of our existing products. I don't know if it was a direct result of the Renesas fire or not. But when we looked at the spot market we were quoted $81 for that part (that's not a typo). So now we have to re-design that board to use a different part.\"\n\nAbout 10 years ago, I was an \"expert witness\" in a solar cell litigation case, and the basis of the complaint was the fact that spot silicon prices increased from $35 per metric ton to more than $500 per metric ton in a period of a few weeks because of silicon shortages. Once silicon manufacturers started making more silicon, prices dropped.\nBoth these examples illustrate that spot prices have no direct bearing on real (contract) prices, and are often transitory.\nBack to the erroneous thesis that a DRAM cycle will end based on spot prices, I show supportive data in Chart 6 that suggests their data is wrong. This chart shows DRAM ASPs as reported directly from Micron, Samsung Electronics(OTC:SSNLF)and SK Hynix(OTC:HXSCL).\nComparing Chart 5 and Chart 6, it is clear that data directly from the DRAM suppliers matches the positive contract prices and not spot prices. Readers must remember also that spot prices represent only 10% of the DRAM prices paid by customers. Contract prices represent 90% of actual prices.\n\nChart 6\nChart 7 shows memory ASPs on a three-month moving average from the SIA (Semiconductor Industry Association). Again, comparing Chart 7 with Chart 5, it is clear that the contract prices are the more valid metric.\n\nChart 7\nInvestor Takeaway\nThe recent press release from TrendForce and a report a day later by Morgan Stanley is based in data that's irrational and illogical. Their analysis is based on:\n\nPC DRAM ASPs that represent just 15% of the total DRAM demand.\nA drop in PC sales, which have been in decline and only increased due to the pandemic, but low PC sales correlate with high ASPs (Charts 3 and 5).\nFailure to recognize that DRAM content per PC is increasing each year and that metric shows no abatement in growth.\nDRAM spot prices instead of contract prices, the latter of which correlate with reporting data supplied by DRAM manufacturer.\n\nStrong demand for memory chips will continue through 2023 as supply is held in check not by shortages but judicious capex spend. The strong demand for memory chips such as 5G, servers, and EVs present a continuing tailwind for Micron Technology.","news_type":1},"isVote":1,"tweetType":1,"viewCount":172,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":839474201,"gmtCreate":1629178318003,"gmtModify":1631892732285,"author":{"id":"3577921698084479","authorId":"3577921698084479","name":"jojotay","avatar":"https://static.tigerbbs.com/c4d0b8e980a43f142db4742d668b6d86","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577921698084479","authorIdStr":"3577921698084479"},"themes":[],"htmlText":"Good post","listText":"Good post","text":"Good post","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/839474201","repostId":"1165381771","repostType":4,"repost":{"id":"1165381771","kind":"news","pubTimestamp":1629170892,"share":"https://www.laohu8.com/m/news/1165381771?lang=&edition=full","pubTime":"2021-08-17 11:28","market":"us","language":"en","title":"The 2 Stocks Every Investor Should Be Watching","url":"https://stock-news.laohu8.com/highlight/detail?id=1165381771","media":"Motley Fool","summary":"Find out what market participants will be talking about tomorrow.","content":"<p><b>Key Points</b></p>\n<ul>\n <li>Monday was a mixed day for stocks, which rebounded from their lowest levels of the day.</li>\n <li>Two key stocks could determine the direction of the entire market on Tuesday.</li>\n</ul>\n<p>Wall Street rebounded from early losses on Monday morning, finishing the day on a mixed note. The <b>Dow Jones Industrial Average</b>(DJINDICES:^DJI)and <b>S&P 500</b>(SNPINDEX:^GSPC) managed to post modest gains, and even the <b>Nasdaq Composite</b>(NASDAQINDEX:^IXIC)dramatically reduced the size of its declines over the course of the day.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cb5b728c1f5236c709db3e0270dc3e75\" tg-width=\"1152\" tg-height=\"333\" width=\"100%\" height=\"auto\"><span>DATA SOURCE: YAHOO! FINANCE.</span></p>\n<p>Earnings season is beginning to wind down, but there are still some high-profile stocks that have yet to report. Two of the most important stocks in the market right now will be giving their earnings results early Tuesday, and that's why investors should be watching <b>Home Depot</b>(NYSE:HD) and <b>Walmart</b>(NYSE:WMT)extremely closely as the retail stocks prepare to release their latest financial reports.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3b731f72fd9967ccb54241783515762a\" tg-width=\"2000\" tg-height=\"1199\" width=\"100%\" height=\"auto\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p>\n<p><b>Feeling at home</b></p>\n<p>Home Depot was one of the stocks that saw big intraday moves on Monday. Initially falling as much as 1%, the home-improvement retailer ended up rebounding to post a better than 1% gain on the day.</p>\n<p>Yet what many investors are anxiously awaiting is how well Home Depot can capitalize on continued interest in home renovation and maintenance. Most of those following the stock expect Home Depot to see at least a 10% rise in earnings during its fiscal second quarter from year-ago levels, with sales picking up 7% year over year.</p>\n<p>If those growth rates seem a little tepid in comparison to Home Depot's past performance, it's important to put last year's numbers into context. Sales a year ago soared 23% compared to the corresponding quarter in calendar 2019, as those dealing with lockdown measures made massive investments in their homes in order to weather the pandemic. Profits were up nearly 25% year over year. Now, with those investments having borne fruit, some homeowners are continuing to make improvements, but many will be satisfied with their efforts to date.</p>\n<p><b>Walmart makes its move</b></p>\n<p>Shares of Walmart finished Monday up slightly less than 1%. The retailer will announce its second-quarter financial results before the market opens on Tuesday.</p>\n<p>Investors have reasonable expectations from Walmart after a blockbuster performance a year ago. Earnings should be roughly flat from the second quarter of last year, and sales are likely to ease lower by around 1% year over year. Again, comparisons are somewhat tough, as earnings jumped almost 80% in the year-ago quarter compared to the same period in calendar 2019 before the pandemic took hold.</p>\n<p>There are a lot of uncertainties about Walmart right now. A strong economy should bolster consumer spending, but that sometimes translates into weakness for Walmart if consumers decide to spend up on pricier items from competitors like <b>Target</b>. Conversely, some fear that the recent rise in COVID-19 cases could start to eat into economic growth, and that seems increasingly reflected in consumer sentiment metrics.</p>\n<p>From a longer-term perspective, the big question facing Walmart is whether its investments in bolstering its online e-commerce channel will pay off permanently. During the worst days of the pandemic, Walmart customers flocked to online ordering in order to get necessities. When given a choice to shop in person or online, however, it remains to be seen what Walmart shoppers will do. The numbers will say a lot about whether all of Walmart's efforts have been in vain or will produce lasting advantages.</p>\n<p><b>Keep your eyes open</b></p>\n<p>No matter what Home Depot and Walmart announce tomorrow, they're likely to move the entire market. With so much volatility lately, surprising news from either of these companies could have a dramatic impact on Wall Street.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The 2 Stocks Every Investor Should Be Watching</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\">\nThe 2 Stocks Every Investor Should Be Watching\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-17 11:28 GMT+8 <a href=https://www.fool.com/investing/2021/08/16/the-2-stocks-every-investor-should-be-watching/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Key Points\n\nMonday was a mixed day for stocks, which rebounded from their lowest levels of the day.\nTwo key stocks could determine the direction of the entire market on Tuesday.\n\nWall Street rebounded...</p>\n\n<a href=\"https://www.fool.com/investing/2021/08/16/the-2-stocks-every-investor-should-be-watching/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WMT":"沃尔玛","HD":"家得宝"},"source_url":"https://www.fool.com/investing/2021/08/16/the-2-stocks-every-investor-should-be-watching/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165381771","content_text":"Key Points\n\nMonday was a mixed day for stocks, which rebounded from their lowest levels of the day.\nTwo key stocks could determine the direction of the entire market on Tuesday.\n\nWall Street rebounded from early losses on Monday morning, finishing the day on a mixed note. The Dow Jones Industrial Average(DJINDICES:^DJI)and S&P 500(SNPINDEX:^GSPC) managed to post modest gains, and even the Nasdaq Composite(NASDAQINDEX:^IXIC)dramatically reduced the size of its declines over the course of the day.\nDATA SOURCE: YAHOO! FINANCE.\nEarnings season is beginning to wind down, but there are still some high-profile stocks that have yet to report. Two of the most important stocks in the market right now will be giving their earnings results early Tuesday, and that's why investors should be watching Home Depot(NYSE:HD) and Walmart(NYSE:WMT)extremely closely as the retail stocks prepare to release their latest financial reports.\nIMAGE SOURCE: GETTY IMAGES.\nFeeling at home\nHome Depot was one of the stocks that saw big intraday moves on Monday. Initially falling as much as 1%, the home-improvement retailer ended up rebounding to post a better than 1% gain on the day.\nYet what many investors are anxiously awaiting is how well Home Depot can capitalize on continued interest in home renovation and maintenance. Most of those following the stock expect Home Depot to see at least a 10% rise in earnings during its fiscal second quarter from year-ago levels, with sales picking up 7% year over year.\nIf those growth rates seem a little tepid in comparison to Home Depot's past performance, it's important to put last year's numbers into context. Sales a year ago soared 23% compared to the corresponding quarter in calendar 2019, as those dealing with lockdown measures made massive investments in their homes in order to weather the pandemic. Profits were up nearly 25% year over year. Now, with those investments having borne fruit, some homeowners are continuing to make improvements, but many will be satisfied with their efforts to date.\nWalmart makes its move\nShares of Walmart finished Monday up slightly less than 1%. The retailer will announce its second-quarter financial results before the market opens on Tuesday.\nInvestors have reasonable expectations from Walmart after a blockbuster performance a year ago. Earnings should be roughly flat from the second quarter of last year, and sales are likely to ease lower by around 1% year over year. Again, comparisons are somewhat tough, as earnings jumped almost 80% in the year-ago quarter compared to the same period in calendar 2019 before the pandemic took hold.\nThere are a lot of uncertainties about Walmart right now. A strong economy should bolster consumer spending, but that sometimes translates into weakness for Walmart if consumers decide to spend up on pricier items from competitors like Target. Conversely, some fear that the recent rise in COVID-19 cases could start to eat into economic growth, and that seems increasingly reflected in consumer sentiment metrics.\nFrom a longer-term perspective, the big question facing Walmart is whether its investments in bolstering its online e-commerce channel will pay off permanently. During the worst days of the pandemic, Walmart customers flocked to online ordering in order to get necessities. When given a choice to shop in person or online, however, it remains to be seen what Walmart shoppers will do. The numbers will say a lot about whether all of Walmart's efforts have been in vain or will produce lasting advantages.\nKeep your eyes open\nNo matter what Home Depot and Walmart announce tomorrow, they're likely to move the entire market. With so much volatility lately, surprising news from either of these companies could have a dramatic impact on Wall Street.","news_type":1},"isVote":1,"tweetType":1,"viewCount":239,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":815689145,"gmtCreate":1630675502787,"gmtModify":1631889383346,"author":{"id":"3577921698084479","authorId":"3577921698084479","name":"jojotay","avatar":"https://static.tigerbbs.com/c4d0b8e980a43f142db4742d668b6d86","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577921698084479","authorIdStr":"3577921698084479"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/815689145","repostId":"1142162122","repostType":4,"repost":{"id":"1142162122","kind":"news","pubTimestamp":1630675377,"share":"https://www.laohu8.com/m/news/1142162122?lang=&edition=full","pubTime":"2021-09-03 21:22","market":"us","language":"en","title":"IGT Signs Sports Betting Deal With Oneida Casino","url":"https://stock-news.laohu8.com/highlight/detail?id=1142162122","media":"Benzinga","summary":"International Game Technology PLC has signed an agreement to power sports betting with Oneida Casin","content":"<ul>\n <li><b>International Game Technology PLC</b> has signed an agreement to power sports betting with <b>Oneida Casino</b> on the Oneida Nation Reservation. The financial terms of the deal were not disclosed.</li>\n <li>The agreement will allow IGT to expand its PlaySports platform footprint into Wisconsin.</li>\n <li>Oneida Casino, located at 2020 Airport Drive in Green Bay, will leverage IGT's PlaySports solution for retail and mobile sports betting.</li>\n <li>The Oneida Nation is the first tribe in Wisconsin to receive approval from the State government to operate a sports betting program at a casino.</li>\n <li><b>Price Action:</b> IGT shares closed higher by 1.56% at $21.49 on Thursday.</li>\n</ul>","source":"lsy1606299360108","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>IGT Signs Sports Betting Deal With Oneida Casino</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\">\nIGT Signs Sports Betting Deal With Oneida Casino\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-03 21:22 GMT+8 <a href=https://www.benzinga.com/news/21/09/22794892/igt-signs-sports-betting-deal-with-oneida-casino><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>International Game Technology PLC has signed an agreement to power sports betting with Oneida Casino on the Oneida Nation Reservation. The financial terms of the deal were not disclosed.\nThe ...</p>\n\n<a href=\"https://www.benzinga.com/news/21/09/22794892/igt-signs-sports-betting-deal-with-oneida-casino\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"IGT":"国际游戏科技"},"source_url":"https://www.benzinga.com/news/21/09/22794892/igt-signs-sports-betting-deal-with-oneida-casino","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1142162122","content_text":"International Game Technology PLC has signed an agreement to power sports betting with Oneida Casino on the Oneida Nation Reservation. The financial terms of the deal were not disclosed.\nThe agreement will allow IGT to expand its PlaySports platform footprint into Wisconsin.\nOneida Casino, located at 2020 Airport Drive in Green Bay, will leverage IGT's PlaySports solution for retail and mobile sports betting.\nThe Oneida Nation is the first tribe in Wisconsin to receive approval from the State government to operate a sports betting program at a casino.\nPrice Action: IGT shares closed higher by 1.56% at $21.49 on Thursday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":490,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":812399335,"gmtCreate":1630550619927,"gmtModify":1631892732258,"author":{"id":"3577921698084479","authorId":"3577921698084479","name":"jojotay","avatar":"https://static.tigerbbs.com/c4d0b8e980a43f142db4742d668b6d86","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577921698084479","authorIdStr":"3577921698084479"},"themes":[],"htmlText":"Nice!!","listText":"Nice!!","text":"Nice!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/812399335","repostId":"1187594690","repostType":2,"repost":{"id":"1187594690","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1630541802,"share":"https://www.laohu8.com/m/news/1187594690?lang=&edition=full","pubTime":"2021-09-02 08:16","market":"us","language":"en","title":"Could Support.com, Vinco Ventures See GameStop-, AMC-Style Short Squeeze?","url":"https://stock-news.laohu8.com/highlight/detail?id=1187594690","media":"Benzinga","summary":"Support.com and Vinco Ventures, Inc. are up more than 200% over the last month amid increasing retai","content":"<p><b><a href=\"https://laohu8.com/S/SPRT\">Support.com</a> </b>and <b><a href=\"https://laohu8.com/S/BBIG\">Vinco Ventures, Inc.</a> </b>are up more than 200% over the last month amid increasing retail investor interest.</p>\n<p><b>Ihor Dusaniwsky</b>, head of predictive analytics at S3 Partners, says a sizable short squeeze in Support.com and Vinco Ventures may not ever occur, he said Wednesday on CNBC.</p>\n<p>Most people are familiar with the short squeezes that took place in <b><a href=\"https://laohu8.com/S/GME\">GameStop</a></b> and <b><a href=\"https://laohu8.com/S/AMC\">AMC Entertainment</a></b>, which Dusaniwsky refers to as \"OG meme stocks.\"</p>\n<p>The move starts with \"act one,\" which entails relentless buying, pushing the stock price higher. This is followed by \"act two,\" in which short sellers cover their positions, creating a short squeeze situation, Dusaniwsky said.</p>\n<p>\"We've got the act one in stocks like BBIG and SPRT, but unfortunately there's not enough short selling to have a big effect on the stock price.\"</p>\n<p>There are 6 million shares being shorted in Support.com and 10 million shares being shorted in Vinco Ventures, he told CNBC.</p>\n<p>Even if the short sellers cover their positions, it won't affect the share price much because it's such a small amount of shares compared to the daily trading volume, Dusaniwsky said.</p>\n<p>\"I'm not saying there's not going to be a short squeeze in these names, because there very well could be.\"</p>\n<p>Dusaniwsky told CNBC the squeeze just isn't going to be nearly as significant as the ones that took place in GameStop and AMC Entertainment.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Could Support.com, Vinco Ventures See GameStop-, AMC-Style Short Squeeze?</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\">\nCould Support.com, Vinco Ventures See GameStop-, AMC-Style Short Squeeze?\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-09-02 08:16</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p><b><a href=\"https://laohu8.com/S/SPRT\">Support.com</a> </b>and <b><a href=\"https://laohu8.com/S/BBIG\">Vinco Ventures, Inc.</a> </b>are up more than 200% over the last month amid increasing retail investor interest.</p>\n<p><b>Ihor Dusaniwsky</b>, head of predictive analytics at S3 Partners, says a sizable short squeeze in Support.com and Vinco Ventures may not ever occur, he said Wednesday on CNBC.</p>\n<p>Most people are familiar with the short squeezes that took place in <b><a href=\"https://laohu8.com/S/GME\">GameStop</a></b> and <b><a href=\"https://laohu8.com/S/AMC\">AMC Entertainment</a></b>, which Dusaniwsky refers to as \"OG meme stocks.\"</p>\n<p>The move starts with \"act one,\" which entails relentless buying, pushing the stock price higher. This is followed by \"act two,\" in which short sellers cover their positions, creating a short squeeze situation, Dusaniwsky said.</p>\n<p>\"We've got the act one in stocks like BBIG and SPRT, but unfortunately there's not enough short selling to have a big effect on the stock price.\"</p>\n<p>There are 6 million shares being shorted in Support.com and 10 million shares being shorted in Vinco Ventures, he told CNBC.</p>\n<p>Even if the short sellers cover their positions, it won't affect the share price much because it's such a small amount of shares compared to the daily trading volume, Dusaniwsky said.</p>\n<p>\"I'm not saying there's not going to be a short squeeze in these names, because there very well could be.\"</p>\n<p>Dusaniwsky told CNBC the squeeze just isn't going to be nearly as significant as the ones that took place in GameStop and AMC Entertainment.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BBIG":"Vinco Ventures, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1187594690","content_text":"Support.com and Vinco Ventures, Inc. are up more than 200% over the last month amid increasing retail investor interest.\nIhor Dusaniwsky, head of predictive analytics at S3 Partners, says a sizable short squeeze in Support.com and Vinco Ventures may not ever occur, he said Wednesday on CNBC.\nMost people are familiar with the short squeezes that took place in GameStop and AMC Entertainment, which Dusaniwsky refers to as \"OG meme stocks.\"\nThe move starts with \"act one,\" which entails relentless buying, pushing the stock price higher. This is followed by \"act two,\" in which short sellers cover their positions, creating a short squeeze situation, Dusaniwsky said.\n\"We've got the act one in stocks like BBIG and SPRT, but unfortunately there's not enough short selling to have a big effect on the stock price.\"\nThere are 6 million shares being shorted in Support.com and 10 million shares being shorted in Vinco Ventures, he told CNBC.\nEven if the short sellers cover their positions, it won't affect the share price much because it's such a small amount of shares compared to the daily trading volume, Dusaniwsky said.\n\"I'm not saying there's not going to be a short squeeze in these names, because there very well could be.\"\nDusaniwsky told CNBC the squeeze just isn't going to be nearly as significant as the ones that took place in GameStop and AMC Entertainment.","news_type":1},"isVote":1,"tweetType":1,"viewCount":258,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":815683041,"gmtCreate":1630675573183,"gmtModify":1631889383343,"author":{"id":"3577921698084479","authorId":"3577921698084479","name":"jojotay","avatar":"https://static.tigerbbs.com/c4d0b8e980a43f142db4742d668b6d86","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577921698084479","authorIdStr":"3577921698084479"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/815683041","repostId":"1106356660","repostType":4,"isVote":1,"tweetType":1,"viewCount":459,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":818016645,"gmtCreate":1630365883087,"gmtModify":1704959043685,"author":{"id":"3577921698084479","authorId":"3577921698084479","name":"jojotay","avatar":"https://static.tigerbbs.com/c4d0b8e980a43f142db4742d668b6d86","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577921698084479","authorIdStr":"3577921698084479"},"themes":[],"htmlText":"Good post","listText":"Good post","text":"Good post","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/818016645","repostId":"2163833181","repostType":4,"isVote":1,"tweetType":1,"viewCount":337,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":837538695,"gmtCreate":1629899058917,"gmtModify":1631892732266,"author":{"id":"3577921698084479","authorId":"3577921698084479","name":"jojotay","avatar":"https://static.tigerbbs.com/c4d0b8e980a43f142db4742d668b6d86","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577921698084479","authorIdStr":"3577921698084479"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/837538695","repostId":"2162087564","repostType":4,"isVote":1,"tweetType":1,"viewCount":277,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":835573424,"gmtCreate":1629729110768,"gmtModify":1631892732274,"author":{"id":"3577921698084479","authorId":"3577921698084479","name":"jojotay","avatar":"https://static.tigerbbs.com/c4d0b8e980a43f142db4742d668b6d86","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577921698084479","authorIdStr":"3577921698084479"},"themes":[],"htmlText":"[Strong] 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","text":"[Strong]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/835573424","repostId":"2161418779","repostType":4,"isVote":1,"tweetType":1,"viewCount":326,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":888129603,"gmtCreate":1631459174302,"gmtModify":1631889383332,"author":{"id":"3577921698084479","authorId":"3577921698084479","name":"jojotay","avatar":"https://static.tigerbbs.com/c4d0b8e980a43f142db4742d668b6d86","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577921698084479","authorIdStr":"3577921698084479"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/888129603","repostId":"2166377033","repostType":2,"isVote":1,"tweetType":1,"viewCount":406,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":883398531,"gmtCreate":1631199988423,"gmtModify":1631889383331,"author":{"id":"3577921698084479","authorId":"3577921698084479","name":"jojotay","avatar":"https://static.tigerbbs.com/c4d0b8e980a43f142db4742d668b6d86","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577921698084479","authorIdStr":"3577921698084479"},"themes":[],"htmlText":"Like and comment","listText":"Like and comment","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/883398531","repostId":"1144589302","repostType":2,"isVote":1,"tweetType":1,"viewCount":749,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":817410960,"gmtCreate":1630979709250,"gmtModify":1631889383340,"author":{"id":"3577921698084479","authorId":"3577921698084479","name":"jojotay","avatar":"https://static.tigerbbs.com/c4d0b8e980a43f142db4742d668b6d86","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577921698084479","authorIdStr":"3577921698084479"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/817410960","repostId":"2165809018","repostType":2,"repost":{"id":"2165809018","kind":"highlight","pubTimestamp":1630975805,"share":"https://www.laohu8.com/m/news/2165809018?lang=&edition=full","pubTime":"2021-09-07 08:50","market":"us","language":"en","title":"Investors love to boast about their great stock picks, but beware of those who use fancy math to calculate their gains","url":"https://stock-news.laohu8.com/highlight/detail?id=2165809018","media":"MarketWatch","summary":"Even pros rarely beat the stock market\nGetty Images\nBeating the market is so difficult that you'd be","content":"<p>Even pros rarely beat the stock market</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c518e42fc389c9a262ce1a76a11d484e\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"><span>Getty Images</span></p>\n<p>Beating the market is so difficult that you'd be excused for giving up.</p>\n<p>But unlike what happens when you give up elsewhere in life, in the investment arena it's actually a shrewd strategy for winning.</p>\n<p>After more than 40 years of rigorously auditing the performance of investment advisers, I have learned that over the long term, buying and holding an index fund that tracks the S&P 500 or other broad index nearly always comes out ahead of all other attempts to do better, such as market timing or picking particular stocks, ETFs and mutual funds.</p>\n<p>It's amazing when you think about it: What other pursuit in life is there in which you can come close to winning every race by simply sitting on your hands and doing nothing?</p>\n<p>I'm not saying it's impossible to beat the market. What I am saying is that it's very difficult and rare. And it's even rarer for an adviser who beats the market in one period to do so in the successive period as well.</p>\n<p>I am not the first person to point this out. But what I can contribute to the debate is my extensive performance database that contains real-world returns back to 1980. It compellingly shows how impossibly low your odds are of winning when trying to beat the market.</p>\n<p>My first step in drawing investment lessons from my huge database was to construct a list of investment newsletter portfolios that at any point since 1980 were in the top 10% for performance in a given calendar year. Given how many newsletters my Hulbert Financial Digest has monitored over the years, this list of top decile performers was sizable, containing more than 1,500 portfolios. By construction, the percentiles of their performance rank all fell between 90 and 100, and averaged 95.</p>\n<p>What I wanted to measure was how these newsletter portfolios performed in the immediately succeeding year. If performance were a matter of pure skill, then we'd expect that they would have been in the top decile for performance in that second year as well--with an average percentile rank that also was 95.</p>\n<p>That's not what I found, however--not by a long shot. These newsletters' average percentile rank in that second year was just 51.5. That is statistically similar to the 50.0 it would have been if performance were a matter of pure luck.</p>\n<p>I next repeated this analysis for each of the other nine deciles for initial-year performance rank. As you can see from this chart, their expected ranks in the successive years were very close to the 50 percentile, regardless of their performance in the initial year.</p>\n<p><img src=\"https://static.tigerbbs.com/ebfad8a8d9638e4b57cf085b425e5742\" tg-width=\"700\" tg-height=\"569\" referrerpolicy=\"no-referrer\"></p>\n<p>The only exception came for newsletters in the bottom 10% for first-year return. The average second-year percentile ranking was 38.8--significantly below what you'd expect if performance were a matter of pure luck. In other words, it's a decent bet that one year's worst adviser will have a below-average performance in the subsequent year too.</p>\n<p>What these results mean: While investment advisory performance is not a matter of pure randomness, the deviations from randomness primarily occur among the worst performers--not the best. Unfortunately that doesn't help us to beat the market.</p>\n<p>By the way, don't think that you can wriggle out from these conclusions by arguing that other kinds of advisers are better than newsletter editors. At least in regards to the persistence (or lack thereof) between past and future performance, newsletter editors are no different than managers of mutual funds, ETFs, hedge funds and private-equity funds.</p>\n<p><b>Beware of arrogance</b></p>\n<p>While I believe the data are conclusive, I'm not holding my breath that it will persuade many of you to throw in the towel and go with an index fund. That's because the typical investor all too often believes that the poor odds of beating the market apply to everyone else but not to him individually.</p>\n<p>It reminds me of the famous study in which almost all of us indicate we're better-than-average drivers.</p>\n<p>This arrogance has obviously dangerous consequences on our roads and highways. But it's dangerous in the investment arena as well because it leads investors into incurring greater and greater risks.</p>\n<p>That creates a downward spiral: When the arrogant investor starts losing to the market, which inevitably happens sooner or later, he pursues an even riskier strategy to make up for his prior loss. That in turn invariably leads him to suffer even greater losses. And the cycle repeats.</p>\n<p>The temptation of arrogance is particularly evident when it comes to social media. Psychologists have found that younger investors are far more inclined to pursue risky strategies when they are being watched than when operating alone. This helps to explain the bravado that so frequently is exhibited on investment-focused social media platforms.</p>\n<p>Buying and holding an index fund is boring. Adherents are rarely drawn to social media in the first place, and even if they are, they rarely post that they are continuing to hold the same investment they've had for years.</p>\n<p><b>Beware of this trick, too</b></p>\n<p>A similar dynamic leads those who frequent social media to brag about their spectacular winners while ignoring their losers. One frequent way they do it is to annualize their returns from a short-term trade and then boast about that figure. Imagine a stock that goes from $10 to $11 in a week's time. In itself, that doesn't seem particularly remarkable. On an annualized basis, however, that is equivalent to a gain of more than 14,000%.</p>\n<p>Readers of these social media boasts initially must believe they are the only ones with a mixture of both winning and losing trades. Only later do they discover the unspoken rules of social media platforms: it's bad form to ask fellow investors about their losers, just like it's poor etiquette after a round of golf to ask the boastful golfer whether he actually beat par.</p>\n<p>Humility is a virtue in the investment area. We would do well to remember Socrates' famous line: \"I am the wisest man alive, for I know one thing, and that is that I know nothing.\"</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Investors love to boast about their great stock picks, but beware of those who use fancy math to calculate their gains</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\">\nInvestors love to boast about their great stock picks, but beware of those who use fancy math to calculate their gains\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-07 08:50 GMT+8 <a href=https://www.marketwatch.com/story/investors-love-to-boast-about-their-great-stock-picks-but-beware-of-those-who-use-fancy-math-to-calculate-their-gains-11630784143?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Even pros rarely beat the stock market\nGetty Images\nBeating the market is so difficult that you'd be excused for giving up.\nBut unlike what happens when you give up elsewhere in life, in the ...</p>\n\n<a href=\"https://www.marketwatch.com/story/investors-love-to-boast-about-their-great-stock-picks-but-beware-of-those-who-use-fancy-math-to-calculate-their-gains-11630784143?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.marketwatch.com/story/investors-love-to-boast-about-their-great-stock-picks-but-beware-of-those-who-use-fancy-math-to-calculate-their-gains-11630784143?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2165809018","content_text":"Even pros rarely beat the stock market\nGetty Images\nBeating the market is so difficult that you'd be excused for giving up.\nBut unlike what happens when you give up elsewhere in life, in the investment arena it's actually a shrewd strategy for winning.\nAfter more than 40 years of rigorously auditing the performance of investment advisers, I have learned that over the long term, buying and holding an index fund that tracks the S&P 500 or other broad index nearly always comes out ahead of all other attempts to do better, such as market timing or picking particular stocks, ETFs and mutual funds.\nIt's amazing when you think about it: What other pursuit in life is there in which you can come close to winning every race by simply sitting on your hands and doing nothing?\nI'm not saying it's impossible to beat the market. What I am saying is that it's very difficult and rare. And it's even rarer for an adviser who beats the market in one period to do so in the successive period as well.\nI am not the first person to point this out. But what I can contribute to the debate is my extensive performance database that contains real-world returns back to 1980. It compellingly shows how impossibly low your odds are of winning when trying to beat the market.\nMy first step in drawing investment lessons from my huge database was to construct a list of investment newsletter portfolios that at any point since 1980 were in the top 10% for performance in a given calendar year. Given how many newsletters my Hulbert Financial Digest has monitored over the years, this list of top decile performers was sizable, containing more than 1,500 portfolios. By construction, the percentiles of their performance rank all fell between 90 and 100, and averaged 95.\nWhat I wanted to measure was how these newsletter portfolios performed in the immediately succeeding year. If performance were a matter of pure skill, then we'd expect that they would have been in the top decile for performance in that second year as well--with an average percentile rank that also was 95.\nThat's not what I found, however--not by a long shot. These newsletters' average percentile rank in that second year was just 51.5. That is statistically similar to the 50.0 it would have been if performance were a matter of pure luck.\nI next repeated this analysis for each of the other nine deciles for initial-year performance rank. As you can see from this chart, their expected ranks in the successive years were very close to the 50 percentile, regardless of their performance in the initial year.\n\nThe only exception came for newsletters in the bottom 10% for first-year return. The average second-year percentile ranking was 38.8--significantly below what you'd expect if performance were a matter of pure luck. In other words, it's a decent bet that one year's worst adviser will have a below-average performance in the subsequent year too.\nWhat these results mean: While investment advisory performance is not a matter of pure randomness, the deviations from randomness primarily occur among the worst performers--not the best. Unfortunately that doesn't help us to beat the market.\nBy the way, don't think that you can wriggle out from these conclusions by arguing that other kinds of advisers are better than newsletter editors. At least in regards to the persistence (or lack thereof) between past and future performance, newsletter editors are no different than managers of mutual funds, ETFs, hedge funds and private-equity funds.\nBeware of arrogance\nWhile I believe the data are conclusive, I'm not holding my breath that it will persuade many of you to throw in the towel and go with an index fund. That's because the typical investor all too often believes that the poor odds of beating the market apply to everyone else but not to him individually.\nIt reminds me of the famous study in which almost all of us indicate we're better-than-average drivers.\nThis arrogance has obviously dangerous consequences on our roads and highways. But it's dangerous in the investment arena as well because it leads investors into incurring greater and greater risks.\nThat creates a downward spiral: When the arrogant investor starts losing to the market, which inevitably happens sooner or later, he pursues an even riskier strategy to make up for his prior loss. That in turn invariably leads him to suffer even greater losses. And the cycle repeats.\nThe temptation of arrogance is particularly evident when it comes to social media. Psychologists have found that younger investors are far more inclined to pursue risky strategies when they are being watched than when operating alone. This helps to explain the bravado that so frequently is exhibited on investment-focused social media platforms.\nBuying and holding an index fund is boring. Adherents are rarely drawn to social media in the first place, and even if they are, they rarely post that they are continuing to hold the same investment they've had for years.\nBeware of this trick, too\nA similar dynamic leads those who frequent social media to brag about their spectacular winners while ignoring their losers. One frequent way they do it is to annualize their returns from a short-term trade and then boast about that figure. Imagine a stock that goes from $10 to $11 in a week's time. In itself, that doesn't seem particularly remarkable. On an annualized basis, however, that is equivalent to a gain of more than 14,000%.\nReaders of these social media boasts initially must believe they are the only ones with a mixture of both winning and losing trades. Only later do they discover the unspoken rules of social media platforms: it's bad form to ask fellow investors about their losers, just like it's poor etiquette after a round of golf to ask the boastful golfer whether he actually beat par.\nHumility is a virtue in the investment area. We would do well to remember Socrates' famous line: \"I am the wisest man alive, for I know one thing, and that is that I know nothing.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":562,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":815680435,"gmtCreate":1630675467127,"gmtModify":1631889383350,"author":{"id":"3577921698084479","authorId":"3577921698084479","name":"jojotay","avatar":"https://static.tigerbbs.com/c4d0b8e980a43f142db4742d668b6d86","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577921698084479","authorIdStr":"3577921698084479"},"themes":[],"htmlText":"Good news!","listText":"Good news!","text":"Good news!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/815680435","repostId":"1136677026","repostType":2,"repost":{"id":"1136677026","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1630670958,"share":"https://www.laohu8.com/m/news/1136677026?lang=&edition=full","pubTime":"2021-09-03 20:09","market":"us","language":"en","title":"Toplines Before US Market Open on Friday","url":"https://stock-news.laohu8.com/highlight/detail?id=1136677026","media":"Tiger Newspress","summary":"U.S. stock index futures held near record highs on Friday as all attention shifted to the highly ant","content":"<p>U.S. stock index futures held near record highs on Friday as all attention shifted to the highly anticipated jobs report that could feed into the Federal Reserve’s plans to taper its massive pandemic-era stimulus.</p>\n<p>At 8:05 a.m. ET, Dow E-minis were up 46 points, or 0.13%, S&P 500 E-minis were up 7.75 points, or 0.17% and Nasdaq 100 E-minis were up 25.75 points, or 0.17%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5654a93189551099412c1148187624d6\" tg-width=\"914\" tg-height=\"310\" width=\"100%\" height=\"auto\"><span>*Source From Tiger Trade, EST 08:05</span></p>\n<p>The S&P 500 and the Nasdaq have scaled all-time highs over the past few weeks on support from robust corporate earnings, but investors have grown cautious recently as the Fed issued hawkish signals while data pointed to a slowdown in a broader economic recovery.</p>\n<p>The labor market remains the key touchstone for the Fed, with Chair Jerome Powell hinting at the Jackson Hole Symposium last week that reaching full employment was a pre-requisite for the central bank to start paring back its asset purchases.</p>\n<p><b>Stocks making the biggest moves in the premarket:</b></p>\n<p><a href=\"https://laohu8.com/S/NFLX\">Netflix</a> – The video streaming service’s stock remains on watch today after rising in 14 of the past 15 sessions and hitting an all-time high in Thursday’s session.</p>\n<p><a href=\"https://laohu8.com/S/MDB\">MongoDB Inc.</a> – MongoDB lost 24 cents per share for its latest quarter, narrower than the 39 cent loss that analysts anticipated. The database platform company also reported better-than-expected revenue and gave upbeat current-quarter revenue guidance. Shares soared 13.5% in premarket action.</p>\n<p><a href=\"https://laohu8.com/S/PD\">PagerDuty, Inc.</a> – PagerDuty shares surged 14.5% in the premarket, after reporting a loss and revenue that beat consensus. The provider of digital operations management solutions reported an adjusted loss of 13 cents per share for its latest quarter, 2 cents narrower than expected, while issuing a strong current-quarter revenue outlook.</p>\n<p><a href=\"https://laohu8.com/S/HPE\">Hewlett Packard Enterprise</a> – Hewlett Packard Enterprise came in 5 cents ahead of estimates with adjusted quarterly earnings of 47 cents per share, while revenue was essentially in line with analyst forecasts. The company’s business continues to get a boost from the pandemic-driven move to digital operations.</p>\n<p><a href=\"https://laohu8.com/S/WDC\">Western Digital</a> – The disk drive maker’s shares added 1.9% in the premarket, following a published report in Japan saying memory chip maker Kioxia favors a planned initial public offering over a possible merger with Western Digital. The two sides had reportedly been in advanced talks to merge in a deal worth $20 billion or more.</p>\n<p><a href=\"https://laohu8.com/S/DOCU\">Docusign</a> – DocuSign beat estimates by 7 cents with adjusted quarterly earnings of 47 cents per share and revenue that topped Street forecasts. The provider of electronic signature technology also raised its full-year guidance for total revenue, subscription revenue and billings.</p>\n<p><a href=\"https://laohu8.com/S/AVGO\">Broadcom</a> – The chip maker reported adjusted quarterly earnings of $6.96 per share, 8 cents above estimates, with revenue slightly above consensus. Broadcom also issued an upbeat current-quarter outlook as it continues to see strong demand in the 5G mobile market.</p>\n<p><a href=\"https://laohu8.com/S/FUBO\">fuboTV Inc.</a> – The sports programming streaming service’s shares jumped 4.5% in premarket trading after it received approval from Arizona regulators to offer mobile wagering in the state. Arizona is the second state to allow fuboTV to offer such betting, following a recent approval in Iowa.</p>\n<p><a href=\"https://laohu8.com/S/ACB\">Aurora Cannabis Inc</a> – The cannabis producer’s shares were upgraded to “hold” from “underperform” at Jefferies, which cited a number of factors including valuation. The stock added 1% in premarket trading.</p>\n<p><a href=\"https://laohu8.com/S/MSTR\">MicroStrategy</a> – The business analytics company’s stock rose 3.1% in the premarket, as it continues to closely track movements in bitcoin. MicroStrategy has more than $5 billion in bitcoin on its balance sheet.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Toplines Before US Market Open on Friday</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\">\nToplines Before US Market Open on Friday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-09-03 20:09</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>U.S. stock index futures held near record highs on Friday as all attention shifted to the highly anticipated jobs report that could feed into the Federal Reserve’s plans to taper its massive pandemic-era stimulus.</p>\n<p>At 8:05 a.m. ET, Dow E-minis were up 46 points, or 0.13%, S&P 500 E-minis were up 7.75 points, or 0.17% and Nasdaq 100 E-minis were up 25.75 points, or 0.17%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5654a93189551099412c1148187624d6\" tg-width=\"914\" tg-height=\"310\" width=\"100%\" height=\"auto\"><span>*Source From Tiger Trade, EST 08:05</span></p>\n<p>The S&P 500 and the Nasdaq have scaled all-time highs over the past few weeks on support from robust corporate earnings, but investors have grown cautious recently as the Fed issued hawkish signals while data pointed to a slowdown in a broader economic recovery.</p>\n<p>The labor market remains the key touchstone for the Fed, with Chair Jerome Powell hinting at the Jackson Hole Symposium last week that reaching full employment was a pre-requisite for the central bank to start paring back its asset purchases.</p>\n<p><b>Stocks making the biggest moves in the premarket:</b></p>\n<p><a href=\"https://laohu8.com/S/NFLX\">Netflix</a> – The video streaming service’s stock remains on watch today after rising in 14 of the past 15 sessions and hitting an all-time high in Thursday’s session.</p>\n<p><a href=\"https://laohu8.com/S/MDB\">MongoDB Inc.</a> – MongoDB lost 24 cents per share for its latest quarter, narrower than the 39 cent loss that analysts anticipated. The database platform company also reported better-than-expected revenue and gave upbeat current-quarter revenue guidance. Shares soared 13.5% in premarket action.</p>\n<p><a href=\"https://laohu8.com/S/PD\">PagerDuty, Inc.</a> – PagerDuty shares surged 14.5% in the premarket, after reporting a loss and revenue that beat consensus. The provider of digital operations management solutions reported an adjusted loss of 13 cents per share for its latest quarter, 2 cents narrower than expected, while issuing a strong current-quarter revenue outlook.</p>\n<p><a href=\"https://laohu8.com/S/HPE\">Hewlett Packard Enterprise</a> – Hewlett Packard Enterprise came in 5 cents ahead of estimates with adjusted quarterly earnings of 47 cents per share, while revenue was essentially in line with analyst forecasts. The company’s business continues to get a boost from the pandemic-driven move to digital operations.</p>\n<p><a href=\"https://laohu8.com/S/WDC\">Western Digital</a> – The disk drive maker’s shares added 1.9% in the premarket, following a published report in Japan saying memory chip maker Kioxia favors a planned initial public offering over a possible merger with Western Digital. The two sides had reportedly been in advanced talks to merge in a deal worth $20 billion or more.</p>\n<p><a href=\"https://laohu8.com/S/DOCU\">Docusign</a> – DocuSign beat estimates by 7 cents with adjusted quarterly earnings of 47 cents per share and revenue that topped Street forecasts. The provider of electronic signature technology also raised its full-year guidance for total revenue, subscription revenue and billings.</p>\n<p><a href=\"https://laohu8.com/S/AVGO\">Broadcom</a> – The chip maker reported adjusted quarterly earnings of $6.96 per share, 8 cents above estimates, with revenue slightly above consensus. Broadcom also issued an upbeat current-quarter outlook as it continues to see strong demand in the 5G mobile market.</p>\n<p><a href=\"https://laohu8.com/S/FUBO\">fuboTV Inc.</a> – The sports programming streaming service’s shares jumped 4.5% in premarket trading after it received approval from Arizona regulators to offer mobile wagering in the state. Arizona is the second state to allow fuboTV to offer such betting, following a recent approval in Iowa.</p>\n<p><a href=\"https://laohu8.com/S/ACB\">Aurora Cannabis Inc</a> – The cannabis producer’s shares were upgraded to “hold” from “underperform” at Jefferies, which cited a number of factors including valuation. The stock added 1% in premarket trading.</p>\n<p><a href=\"https://laohu8.com/S/MSTR\">MicroStrategy</a> – The business analytics company’s stock rose 3.1% in the premarket, as it continues to closely track movements in bitcoin. MicroStrategy has more than $5 billion in bitcoin on its balance sheet.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1136677026","content_text":"U.S. stock index futures held near record highs on Friday as all attention shifted to the highly anticipated jobs report that could feed into the Federal Reserve’s plans to taper its massive pandemic-era stimulus.\nAt 8:05 a.m. ET, Dow E-minis were up 46 points, or 0.13%, S&P 500 E-minis were up 7.75 points, or 0.17% and Nasdaq 100 E-minis were up 25.75 points, or 0.17%.\n*Source From Tiger Trade, EST 08:05\nThe S&P 500 and the Nasdaq have scaled all-time highs over the past few weeks on support from robust corporate earnings, but investors have grown cautious recently as the Fed issued hawkish signals while data pointed to a slowdown in a broader economic recovery.\nThe labor market remains the key touchstone for the Fed, with Chair Jerome Powell hinting at the Jackson Hole Symposium last week that reaching full employment was a pre-requisite for the central bank to start paring back its asset purchases.\nStocks making the biggest moves in the premarket:\nNetflix – The video streaming service’s stock remains on watch today after rising in 14 of the past 15 sessions and hitting an all-time high in Thursday’s session.\nMongoDB Inc. – MongoDB lost 24 cents per share for its latest quarter, narrower than the 39 cent loss that analysts anticipated. The database platform company also reported better-than-expected revenue and gave upbeat current-quarter revenue guidance. Shares soared 13.5% in premarket action.\nPagerDuty, Inc. – PagerDuty shares surged 14.5% in the premarket, after reporting a loss and revenue that beat consensus. The provider of digital operations management solutions reported an adjusted loss of 13 cents per share for its latest quarter, 2 cents narrower than expected, while issuing a strong current-quarter revenue outlook.\nHewlett Packard Enterprise – Hewlett Packard Enterprise came in 5 cents ahead of estimates with adjusted quarterly earnings of 47 cents per share, while revenue was essentially in line with analyst forecasts. The company’s business continues to get a boost from the pandemic-driven move to digital operations.\nWestern Digital – The disk drive maker’s shares added 1.9% in the premarket, following a published report in Japan saying memory chip maker Kioxia favors a planned initial public offering over a possible merger with Western Digital. The two sides had reportedly been in advanced talks to merge in a deal worth $20 billion or more.\nDocusign – DocuSign beat estimates by 7 cents with adjusted quarterly earnings of 47 cents per share and revenue that topped Street forecasts. The provider of electronic signature technology also raised its full-year guidance for total revenue, subscription revenue and billings.\nBroadcom – The chip maker reported adjusted quarterly earnings of $6.96 per share, 8 cents above estimates, with revenue slightly above consensus. Broadcom also issued an upbeat current-quarter outlook as it continues to see strong demand in the 5G mobile market.\nfuboTV Inc. – The sports programming streaming service’s shares jumped 4.5% in premarket trading after it received approval from Arizona regulators to offer mobile wagering in the state. Arizona is the second state to allow fuboTV to offer such betting, following a recent approval in Iowa.\nAurora Cannabis Inc – The cannabis producer’s shares were upgraded to “hold” from “underperform” at Jefferies, which cited a number of factors including valuation. The stock added 1% in premarket trading.\nMicroStrategy – The business analytics company’s stock rose 3.1% in the premarket, as it continues to closely track movements in bitcoin. MicroStrategy has more than $5 billion in bitcoin on its balance sheet.","news_type":1},"isVote":1,"tweetType":1,"viewCount":552,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":837536611,"gmtCreate":1629899097833,"gmtModify":1631892732264,"author":{"id":"3577921698084479","authorId":"3577921698084479","name":"jojotay","avatar":"https://static.tigerbbs.com/c4d0b8e980a43f142db4742d668b6d86","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577921698084479","authorIdStr":"3577921698084479"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/837536611","repostId":"2162059068","repostType":4,"isVote":1,"tweetType":1,"viewCount":199,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":836665212,"gmtCreate":1629477464836,"gmtModify":1631892732275,"author":{"id":"3577921698084479","authorId":"3577921698084479","name":"jojotay","avatar":"https://static.tigerbbs.com/c4d0b8e980a43f142db4742d668b6d86","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577921698084479","authorIdStr":"3577921698084479"},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/836665212","repostId":"2160271025","repostType":4,"repost":{"id":"2160271025","kind":"news","pubTimestamp":1629472454,"share":"https://www.laohu8.com/m/news/2160271025?lang=&edition=full","pubTime":"2021-08-20 23:14","market":"us","language":"en","title":"4 Stocks Insiders Are Selling","url":"https://stock-news.laohu8.com/highlight/detail?id=2160271025","media":"Benzinga","summary":"When insiders sell shares, it indicates their concern in the company’s prospects or that they view t","content":"<p><img src=\"https://s1.yimg.com/uu/api/res/1.2/uuel8MXZ67u5P3beVgfBWQ--/cT03NTthcHBpZD15dmlkZW9mZWVkczs-/https://media.zenfs.com/en/Benzinga/8458419fd90ed89547b2be1234261dd6\" tg-width=\"600\" tg-height=\"400\" referrerpolicy=\"no-referrer\"></p>\n<p>When insiders sell shares, it indicates their concern in the company’s prospects or that they view the stock as being overpriced. Either way, this signals an opportunity to go short on the stock. Insider sales should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a selling decision.</p>\n<p>Below is a look at a few recent notable insider sales. For more, check out <i> Benzinga's insider transactions </i> platform.</p>\n<p><b><a href=\"https://laohu8.com/S/GOOG\">Alphabet</a> </b></p>\n<p><b>The Trade:</b> <b> <a href=\"https://laohu8.com/S/GOOGL\">Alphabet</a> Inc.</b> (NASDAQ: GOOG) Director Larry Page<i> disposed a total of 13889 shares </i> at an average price of $2,751.73. The insider received $38,218,718.69 as a result of the transaction.</p>\n<p><b>What’s Happening:</b> GE Appliances and Google signed a multi-year deal to build next-gen smart home appliances, Reuters reported.</p>\n<p><b>What Alphabet Does:</b> Alphabet is a holding company, with Google, the Internet media giant, as a wholly owned subsidiary. Google generates 99% of Alphabet revenue, of which more than 85% is from online ads.</p>\n<p><b><a href=\"https://laohu8.com/S/ADMA\">ADMA Biologics</a> </b></p>\n<p><b>The Trade:</b> <b> ADMA Biologics, Inc.</b> (NASDAQ: ADMA) 10% owner Perceptive Advisors Llc, Perceptive Life Sciences Master Fund Ltd, Joseph Edelman<i> sold a total of 1781824 shares </i> at an average price of $1.31. The insider received $2,333,780.88 from selling those shares.</p>\n<p><b>What’s Happening:</b> The FDA recently approved ADMA Biologics BioCenters plasma collection facility in Maryville, Tennessee.</p>\n<p><b>What ADMA Biologics Does:</b> <a href=\"https://laohu8.com/S/ADMA\">ADMA Biologics Inc</a> is an end-to-end commercial biopharmaceutical company dedicated to manufacturing, marketing and developing specialty plasma-derived biologics for the treatment of immunodeficient patients at risk for infection and others at risk for certain infectious diseases.</p>\n<p><b>Trimble </b></p>\n<p><b>The Trade:</b><b> <a href=\"https://laohu8.com/S/TRMB\">Trimble Navigation</a></b> (NASDAQ: TRMB) Director Steven Berglund<i> sold a total of 60000 shares </i> at an average price of $88.40. The insider received $5,304,118.61 as a result of the transaction.</p>\n<p><b>What’s Happening:</b> Trimble reported a new $750 million buyback program.</p>\n<p><b>What Trimble Does:</b> Trimble Inc provides location-based solutions that are used in global positioning system (GPS), laser, optical and inertial technologies.</p>\n<p><b>Eli Lilly </b></p>\n<p><b>The Trade:</b> <b> <a href=\"https://laohu8.com/S/LLY\">Eli Lilly and</a> Company.</b> (NYSE: LLY) 10% owner Lilly Endowment Inc<i> sold a total of 15430 shares </i> at an average price of $274.31. The insider received $4,232,603.30 from selling those shares.</p>\n<p><b>What’s Happening:</b> The FDA recently approved Eli Lilly - Boehringer Ingelheim's Jardiance (empagliflozin) 10 mg for heart failure.</p>\n<p><b>What Eli Lilly Does:</b> Eli Lilly is a drug firm with a focus on neuroscience, endocrinology, oncology, and immunology.</p>","source":"yahoofinance","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>4 Stocks Insiders Are Selling</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\">\n4 Stocks Insiders Are Selling\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-20 23:14 GMT+8 <a href=https://finance.yahoo.com/news/4-stocks-insiders-selling-120353734.html><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>When insiders sell shares, it indicates their concern in the company’s prospects or that they view the stock as being overpriced. Either way, this signals an opportunity to go short on the stock. ...</p>\n\n<a href=\"https://finance.yahoo.com/news/4-stocks-insiders-selling-120353734.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/5918b54af9d1fdfb3186789692d900cd","relate_stocks":{"GOOG":"谷歌","TRMB":"天宝导航","GOOGL":"谷歌A","ADMA":"ADMA Biologics Inc","LLY":"礼来"},"source_url":"https://finance.yahoo.com/news/4-stocks-insiders-selling-120353734.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2160271025","content_text":"When insiders sell shares, it indicates their concern in the company’s prospects or that they view the stock as being overpriced. Either way, this signals an opportunity to go short on the stock. Insider sales should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a selling decision.\nBelow is a look at a few recent notable insider sales. For more, check out Benzinga's insider transactions platform.\nAlphabet \nThe Trade: Alphabet Inc. (NASDAQ: GOOG) Director Larry Page disposed a total of 13889 shares at an average price of $2,751.73. The insider received $38,218,718.69 as a result of the transaction.\nWhat’s Happening: GE Appliances and Google signed a multi-year deal to build next-gen smart home appliances, Reuters reported.\nWhat Alphabet Does: Alphabet is a holding company, with Google, the Internet media giant, as a wholly owned subsidiary. Google generates 99% of Alphabet revenue, of which more than 85% is from online ads.\nADMA Biologics \nThe Trade: ADMA Biologics, Inc. (NASDAQ: ADMA) 10% owner Perceptive Advisors Llc, Perceptive Life Sciences Master Fund Ltd, Joseph Edelman sold a total of 1781824 shares at an average price of $1.31. The insider received $2,333,780.88 from selling those shares.\nWhat’s Happening: The FDA recently approved ADMA Biologics BioCenters plasma collection facility in Maryville, Tennessee.\nWhat ADMA Biologics Does: ADMA Biologics Inc is an end-to-end commercial biopharmaceutical company dedicated to manufacturing, marketing and developing specialty plasma-derived biologics for the treatment of immunodeficient patients at risk for infection and others at risk for certain infectious diseases.\nTrimble \nThe Trade: Trimble Navigation (NASDAQ: TRMB) Director Steven Berglund sold a total of 60000 shares at an average price of $88.40. The insider received $5,304,118.61 as a result of the transaction.\nWhat’s Happening: Trimble reported a new $750 million buyback program.\nWhat Trimble Does: Trimble Inc provides location-based solutions that are used in global positioning system (GPS), laser, optical and inertial technologies.\nEli Lilly \nThe Trade: Eli Lilly and Company. (NYSE: LLY) 10% owner Lilly Endowment Inc sold a total of 15430 shares at an average price of $274.31. The insider received $4,232,603.30 from selling those shares.\nWhat’s Happening: The FDA recently approved Eli Lilly - Boehringer Ingelheim's Jardiance (empagliflozin) 10 mg for heart failure.\nWhat Eli Lilly Does: Eli Lilly is a drug firm with a focus on neuroscience, endocrinology, oncology, and immunology.","news_type":1},"isVote":1,"tweetType":1,"viewCount":214,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":814725048,"gmtCreate":1630886837384,"gmtModify":1631889383336,"author":{"id":"3577921698084479","authorId":"3577921698084479","name":"jojotay","avatar":"https://static.tigerbbs.com/c4d0b8e980a43f142db4742d668b6d86","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577921698084479","authorIdStr":"3577921698084479"},"themes":[],"htmlText":"Okay","listText":"Okay","text":"Okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/814725048","repostId":"2164872049","repostType":4,"repost":{"id":"2164872049","kind":"highlight","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1630679468,"share":"https://www.laohu8.com/m/news/2164872049?lang=&edition=full","pubTime":"2021-09-03 22:31","market":"us","language":"en","title":"Zooming In On Zoom's Solid But Not Good Enough Results","url":"https://stock-news.laohu8.com/highlight/detail?id=2164872049","media":"Benzinga","summary":"Despite logging its first billion-dollar quarter, the stock of Zoom Video Communications (NASDAQ: ZM) fell almost 11% on Monday after the company posted a higher-than-expected earnings forecast for the full year. The revenue guidance exactly met expectations, but sales-growth rates fall to new lows.","content":"<p>Despite logging its first billion-dollar quarter, the stock of <b>Zoom</b> <b>Video Communications</b> (NASDAQ:ZM) fell almost 11% on Monday after the company posted a higher-than-expected earnings forecast for the full year. The revenue guidance exactly met expectations, but sales-growth rates fall to new lows. In simple words, the video platform has continued to grow, but not at the overly optimistic pace that analysts expected.</p>\n<h4>Q2 Figures</h4>\n<p>For the quarter that ended on July 31st, revenue increased by 54% YoY in the quarter and topping $1 billion for the first time as it amounted to $1.02 billion, also exceeding Refinitiv expectations of $991.0 million as expected by analysts, according to Refinitiv. Adjusted net income came in 48% higher from the year-ago quarter, amounting to $1.36 per share, also exceeding $1.16 expected by Refinitiv. Free cash flow improved 22% as it improved to $455 million.</p>\n<p>Gross margin improved from 72.3% in the previous quarter to 74.4%. Gross margin benefited from new data center capacity as well as lower usage during the summer, thanks in part to the school break. The Zoom Phone cloud-based phone service expanded from 1.5 million three months earlier to 2 million seats.</p>\n<h4>Outlook</h4>\n<p>During the quarter, Zoom announced it will acquire cloud contact-center software provider Five9, along with the availability of Zoom Events for premium online meetings. The video communications company also invested in event software maker Cvent that sought to go public through a SPAC.</p>\n<p>As for the undergoing quarter, Zoom is guiding to 31% growth. Adjusted earnings per share are expected in the range between $1.07 to $1.08 with $1.015 billion to $1.020 billion in revenue.</p>\n<p>For the full fiscal year, it improved its forecast as coronavirus case counts have increased and many companies delayed plans to reopen offices. Adjusted earnings are expected to be in the range between $4.75 to $4.79 per share with the revenue range being within $4.005 billion and $4.015 billion in revenue. Previous estimates for adjusted earnings were $4.56 to $4.61 and $3.98 billion to $3.99 billion for revenue.</p>\n<p>The forecast is ahead of analysts' consensus estimates for both adjusted earnings per share and revenue, being $4.67 and $4.01 billion, respectively.</p>\n<p>The guidance assumes strong growth for the direct and channel businesses, but also a weakness in the online business because of challenges encountered by smaller customers and consumers. Gross margin is expected to expand with students resuming classes.</p>\n<h4>The Verdict</h4>\n<p>By most standards, Zoom's business metrics look solid with 2,278 customers contributing $100,000 or more to its annual revenue. This is well over double its last year's big-client count. Customers with more than 10 employees vaulted over the half-million mark, up 36% YoY. On a trailing 12-month basis, net dollar expansion rates remained above 130%. But its results just weren't good enough for Wall Street who was not pleased to see the company calling for roughly flat third-quarter revenue compared to the second quarter.</p>\n<p><i>This article is not a press release and is contributed by a verified independent journalist for IAMNewswire. It should not be construed as investment advice at any time please read the full disclosure. IAM Newswire does not hold any position in the mentioned companies. Press Releases – If you are looking for full Press release distribution contact: press@iamnewswire.com Contributors – IAM Newswire accepts pitches. If you're interested in becoming an IAM journalist contact: contributors@iamnewswire.com</i></p>\n<p>The post Zooming in on Zoom's Solid But Not Good Enough Results appeared first on IAM Newswire.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Zooming In On Zoom's Solid But Not Good Enough Results</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\">\nZooming In On Zoom's Solid But Not Good Enough Results\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-09-03 22:31</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Despite logging its first billion-dollar quarter, the stock of <b>Zoom</b> <b>Video Communications</b> (NASDAQ:ZM) fell almost 11% on Monday after the company posted a higher-than-expected earnings forecast for the full year. The revenue guidance exactly met expectations, but sales-growth rates fall to new lows. In simple words, the video platform has continued to grow, but not at the overly optimistic pace that analysts expected.</p>\n<h4>Q2 Figures</h4>\n<p>For the quarter that ended on July 31st, revenue increased by 54% YoY in the quarter and topping $1 billion for the first time as it amounted to $1.02 billion, also exceeding Refinitiv expectations of $991.0 million as expected by analysts, according to Refinitiv. Adjusted net income came in 48% higher from the year-ago quarter, amounting to $1.36 per share, also exceeding $1.16 expected by Refinitiv. Free cash flow improved 22% as it improved to $455 million.</p>\n<p>Gross margin improved from 72.3% in the previous quarter to 74.4%. Gross margin benefited from new data center capacity as well as lower usage during the summer, thanks in part to the school break. The Zoom Phone cloud-based phone service expanded from 1.5 million three months earlier to 2 million seats.</p>\n<h4>Outlook</h4>\n<p>During the quarter, Zoom announced it will acquire cloud contact-center software provider Five9, along with the availability of Zoom Events for premium online meetings. The video communications company also invested in event software maker Cvent that sought to go public through a SPAC.</p>\n<p>As for the undergoing quarter, Zoom is guiding to 31% growth. Adjusted earnings per share are expected in the range between $1.07 to $1.08 with $1.015 billion to $1.020 billion in revenue.</p>\n<p>For the full fiscal year, it improved its forecast as coronavirus case counts have increased and many companies delayed plans to reopen offices. Adjusted earnings are expected to be in the range between $4.75 to $4.79 per share with the revenue range being within $4.005 billion and $4.015 billion in revenue. Previous estimates for adjusted earnings were $4.56 to $4.61 and $3.98 billion to $3.99 billion for revenue.</p>\n<p>The forecast is ahead of analysts' consensus estimates for both adjusted earnings per share and revenue, being $4.67 and $4.01 billion, respectively.</p>\n<p>The guidance assumes strong growth for the direct and channel businesses, but also a weakness in the online business because of challenges encountered by smaller customers and consumers. Gross margin is expected to expand with students resuming classes.</p>\n<h4>The Verdict</h4>\n<p>By most standards, Zoom's business metrics look solid with 2,278 customers contributing $100,000 or more to its annual revenue. This is well over double its last year's big-client count. Customers with more than 10 employees vaulted over the half-million mark, up 36% YoY. On a trailing 12-month basis, net dollar expansion rates remained above 130%. But its results just weren't good enough for Wall Street who was not pleased to see the company calling for roughly flat third-quarter revenue compared to the second quarter.</p>\n<p><i>This article is not a press release and is contributed by a verified independent journalist for IAMNewswire. It should not be construed as investment advice at any time please read the full disclosure. IAM Newswire does not hold any position in the mentioned companies. Press Releases – If you are looking for full Press release distribution contact: press@iamnewswire.com Contributors – IAM Newswire accepts pitches. If you're interested in becoming an IAM journalist contact: contributors@iamnewswire.com</i></p>\n<p>The post Zooming in on Zoom's Solid But Not Good Enough Results appeared first on IAM Newswire.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ZM":"Zoom"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2164872049","content_text":"Despite logging its first billion-dollar quarter, the stock of Zoom Video Communications (NASDAQ:ZM) fell almost 11% on Monday after the company posted a higher-than-expected earnings forecast for the full year. The revenue guidance exactly met expectations, but sales-growth rates fall to new lows. In simple words, the video platform has continued to grow, but not at the overly optimistic pace that analysts expected.\nQ2 Figures\nFor the quarter that ended on July 31st, revenue increased by 54% YoY in the quarter and topping $1 billion for the first time as it amounted to $1.02 billion, also exceeding Refinitiv expectations of $991.0 million as expected by analysts, according to Refinitiv. Adjusted net income came in 48% higher from the year-ago quarter, amounting to $1.36 per share, also exceeding $1.16 expected by Refinitiv. Free cash flow improved 22% as it improved to $455 million.\nGross margin improved from 72.3% in the previous quarter to 74.4%. Gross margin benefited from new data center capacity as well as lower usage during the summer, thanks in part to the school break. The Zoom Phone cloud-based phone service expanded from 1.5 million three months earlier to 2 million seats.\nOutlook\nDuring the quarter, Zoom announced it will acquire cloud contact-center software provider Five9, along with the availability of Zoom Events for premium online meetings. The video communications company also invested in event software maker Cvent that sought to go public through a SPAC.\nAs for the undergoing quarter, Zoom is guiding to 31% growth. Adjusted earnings per share are expected in the range between $1.07 to $1.08 with $1.015 billion to $1.020 billion in revenue.\nFor the full fiscal year, it improved its forecast as coronavirus case counts have increased and many companies delayed plans to reopen offices. Adjusted earnings are expected to be in the range between $4.75 to $4.79 per share with the revenue range being within $4.005 billion and $4.015 billion in revenue. Previous estimates for adjusted earnings were $4.56 to $4.61 and $3.98 billion to $3.99 billion for revenue.\nThe forecast is ahead of analysts' consensus estimates for both adjusted earnings per share and revenue, being $4.67 and $4.01 billion, respectively.\nThe guidance assumes strong growth for the direct and channel businesses, but also a weakness in the online business because of challenges encountered by smaller customers and consumers. Gross margin is expected to expand with students resuming classes.\nThe Verdict\nBy most standards, Zoom's business metrics look solid with 2,278 customers contributing $100,000 or more to its annual revenue. This is well over double its last year's big-client count. Customers with more than 10 employees vaulted over the half-million mark, up 36% YoY. On a trailing 12-month basis, net dollar expansion rates remained above 130%. But its results just weren't good enough for Wall Street who was not pleased to see the company calling for roughly flat third-quarter revenue compared to the second quarter.\nThis article is not a press release and is contributed by a verified independent journalist for IAMNewswire. It should not be construed as investment advice at any time please read the full disclosure. IAM Newswire does not hold any position in the mentioned companies. Press Releases – If you are looking for full Press release distribution contact: press@iamnewswire.com Contributors – IAM Newswire accepts pitches. If you're interested in becoming an IAM journalist contact: contributors@iamnewswire.com\nThe post Zooming in on Zoom's Solid But Not Good Enough Results appeared first on IAM Newswire.","news_type":1},"isVote":1,"tweetType":1,"viewCount":704,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":816500599,"gmtCreate":1630505837211,"gmtModify":1631892732260,"author":{"id":"3577921698084479","authorId":"3577921698084479","name":"jojotay","avatar":"https://static.tigerbbs.com/c4d0b8e980a43f142db4742d668b6d86","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577921698084479","authorIdStr":"3577921698084479"},"themes":[],"htmlText":"Like my post ","listText":"Like my post ","text":"Like my post","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/816500599","repostId":"1150578459","repostType":2,"repost":{"id":"1150578459","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1630498127,"share":"https://www.laohu8.com/m/news/1150578459?lang=&edition=full","pubTime":"2021-09-01 20:08","market":"us","language":"en","title":"Toplines Before US Market Open on Wednesday","url":"https://stock-news.laohu8.com/highlight/detail?id=1150578459","media":"Tiger Newspress","summary":"U.S. stock index futures rose on Wednesday and put the S&P 500 on course to a new opening high, as i","content":"<p>U.S. stock index futures rose on Wednesday and put the S&P 500 on course to a new opening high, as investors awaited private jobs data and factory activity indicators for hints on the U.S. central bank’s policy tightening plans.</p>\n<p>At 8:05 a.m. ET, Dow E-minis were up 111 points, or 0.31%, S&P 500 E-minis were up 15.5 points, or 0.34% and Nasdaq 100 E-minis were up 40.5 points, or 0.26%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8c9a5df62064a2a342e83495168d97a9\" tg-width=\"678\" tg-height=\"226\" width=\"100%\" height=\"auto\"><span>*Source From Tiger Trade, EST 08:05</span></p>\n<p>Wall Street’s main indexes have scaled record highs recently, with the S&P 500 marking a solid 2.9% rise in August as investors shrugged off risks around a rise in new infections and hoped for a gradual removal of stimulus by the Federal Reserve.</p>\n<p><b>Stocks making the biggest moves in the premarket:</b></p>\n<p><a href=\"https://laohu8.com/S/CPB\">Campbell Soup</a> – The food producer beat top and bottom-line estimates for its latest quarter, earning an adjusted 55 cents per share and beating consensus by 7 cents. It issued a fiscal 2022 adjusted earnings outlook of $2.75-$2.85 per share, compared with a consensus estimate of $2.87, as it deals with higher input costs and a constrained labor market. Shares were initially up more than 1% in premarket trading but subsequently trimmed those gains.</p>\n<p><a href=\"https://laohu8.com/S/PVH\">PVH Corp</a> – PVH reported adjusted quarterly earnings of $2.72 per share, well above the $1.20 consensus estimate, while the apparel maker’s revenue topped forecasts as well. The company behind the Tommy Hilfiger and Calvin Klein brands also raised its full-year revenue forecast. PVH shares surged 7.8% in the premarket.</p>\n<p><a href=\"https://laohu8.com/S/AMBA\">Ambarella</a> – Ambarella rallied 9.1% in premarket trading after it came in 10 cents above estimates with an adjusted quarterly profit of 35 cents per share. Revenue also beat analyst projections. The maker of chips for cars and cameras said demand is high and that revenue could reach a 5-year high for the current quarter.</p>\n<p><a href=\"https://laohu8.com/S/CRWD\">CrowdStrike Holdings, Inc.</a> – CrowdStrike beat Street forecasts by 2 cents with adjusted quarterly earnings of 11 cents per share, while revenue came in above estimates as well. The cybersecurity company also raised its full-year outlook, but shares fell 2.2% in premarket action.</p>\n<p><a href=\"https://laohu8.com/S/PHG\">Royal Philips NV</a> – Philips received permission from the FDA to begin repairing and replacing its DreamStation respiratory devices after the agency approved its proposal for replacing sound abatement material. The Dutch technology company issued a recall in June for up to 4 million of the devices to fix a potential toxicity problem with sound abatement foam. Philips gained 2.3% in the premarket.</p>\n<p><a href=\"https://laohu8.com/S/RUN\">Sunrun</a> – The solar energy company’s stock jumped 3.6% in the premarket following two positive analyst mentions. It was added to the U.S. Analyst Focus List at JPMorgan Chase, and it was also among clean energy stocks rated “market overweight” in new coverage at Wolfe Research. Wolfe said the clean energy transition is a secular trend that will last well past the current economic cycle.</p>\n<p><a href=\"https://laohu8.com/S/NIO\">NIO Inc.</a> – The China-based electric vehicle maker’s shares slid 4.6% in premarket trading after it cut its third-quarter delivery outlook, citing supply chain constraints.</p>\n<p><a href=\"https://laohu8.com/S/INTU\">Intuit</a> – Intuit is in talks to buy e-mail marketing firm Mailchimp for more than $10 billion, according to people familiar with the matter who spoke to Bloomberg. Such a deal would add to the personal finance software company’s tools for small businesses, which include QuickBooks and Credit Karma.</p>\n<p><a href=\"https://laohu8.com/S/LUV\">Southwest Airlines</a> – Southwest pilots are suing the airline over changes made to working conditions as the Covid-19 pandemic took hold. The pilots contend those changes should have been subject to bargaining with its union, while the company said such bargaining was not required.</p>\n<p><a href=\"https://laohu8.com/S/CNI\">Canadian National Railway</a> – Canadian National will not be allowed to use a temporary voting trust as part of its $30 billion deal to buyKansas City Southern(KSU), following a ruling from the Surface Transportation Board. That could present a significant obstacle to completing the deal, and another opportunity forCanadian Pacific Railway(CP), which has also offered to buy Kansas City Southern.</p>\n<p><a href=\"https://laohu8.com/S/SFM\">Sprouts Farmers</a> – Sprouts said its Chief Financial Officer Denise Paulonis is leaving the natural foods supermarket chain, with board member Lawrence Molloy succeeding Paulonis on Sept. 25.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Toplines Before US Market Open on Wednesday</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\">\nToplines Before US Market Open on Wednesday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-09-01 20:08</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>U.S. stock index futures rose on Wednesday and put the S&P 500 on course to a new opening high, as investors awaited private jobs data and factory activity indicators for hints on the U.S. central bank’s policy tightening plans.</p>\n<p>At 8:05 a.m. ET, Dow E-minis were up 111 points, or 0.31%, S&P 500 E-minis were up 15.5 points, or 0.34% and Nasdaq 100 E-minis were up 40.5 points, or 0.26%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8c9a5df62064a2a342e83495168d97a9\" tg-width=\"678\" tg-height=\"226\" width=\"100%\" height=\"auto\"><span>*Source From Tiger Trade, EST 08:05</span></p>\n<p>Wall Street’s main indexes have scaled record highs recently, with the S&P 500 marking a solid 2.9% rise in August as investors shrugged off risks around a rise in new infections and hoped for a gradual removal of stimulus by the Federal Reserve.</p>\n<p><b>Stocks making the biggest moves in the premarket:</b></p>\n<p><a href=\"https://laohu8.com/S/CPB\">Campbell Soup</a> – The food producer beat top and bottom-line estimates for its latest quarter, earning an adjusted 55 cents per share and beating consensus by 7 cents. It issued a fiscal 2022 adjusted earnings outlook of $2.75-$2.85 per share, compared with a consensus estimate of $2.87, as it deals with higher input costs and a constrained labor market. Shares were initially up more than 1% in premarket trading but subsequently trimmed those gains.</p>\n<p><a href=\"https://laohu8.com/S/PVH\">PVH Corp</a> – PVH reported adjusted quarterly earnings of $2.72 per share, well above the $1.20 consensus estimate, while the apparel maker’s revenue topped forecasts as well. The company behind the Tommy Hilfiger and Calvin Klein brands also raised its full-year revenue forecast. PVH shares surged 7.8% in the premarket.</p>\n<p><a href=\"https://laohu8.com/S/AMBA\">Ambarella</a> – Ambarella rallied 9.1% in premarket trading after it came in 10 cents above estimates with an adjusted quarterly profit of 35 cents per share. Revenue also beat analyst projections. The maker of chips for cars and cameras said demand is high and that revenue could reach a 5-year high for the current quarter.</p>\n<p><a href=\"https://laohu8.com/S/CRWD\">CrowdStrike Holdings, Inc.</a> – CrowdStrike beat Street forecasts by 2 cents with adjusted quarterly earnings of 11 cents per share, while revenue came in above estimates as well. The cybersecurity company also raised its full-year outlook, but shares fell 2.2% in premarket action.</p>\n<p><a href=\"https://laohu8.com/S/PHG\">Royal Philips NV</a> – Philips received permission from the FDA to begin repairing and replacing its DreamStation respiratory devices after the agency approved its proposal for replacing sound abatement material. The Dutch technology company issued a recall in June for up to 4 million of the devices to fix a potential toxicity problem with sound abatement foam. Philips gained 2.3% in the premarket.</p>\n<p><a href=\"https://laohu8.com/S/RUN\">Sunrun</a> – The solar energy company’s stock jumped 3.6% in the premarket following two positive analyst mentions. It was added to the U.S. Analyst Focus List at JPMorgan Chase, and it was also among clean energy stocks rated “market overweight” in new coverage at Wolfe Research. Wolfe said the clean energy transition is a secular trend that will last well past the current economic cycle.</p>\n<p><a href=\"https://laohu8.com/S/NIO\">NIO Inc.</a> – The China-based electric vehicle maker’s shares slid 4.6% in premarket trading after it cut its third-quarter delivery outlook, citing supply chain constraints.</p>\n<p><a href=\"https://laohu8.com/S/INTU\">Intuit</a> – Intuit is in talks to buy e-mail marketing firm Mailchimp for more than $10 billion, according to people familiar with the matter who spoke to Bloomberg. Such a deal would add to the personal finance software company’s tools for small businesses, which include QuickBooks and Credit Karma.</p>\n<p><a href=\"https://laohu8.com/S/LUV\">Southwest Airlines</a> – Southwest pilots are suing the airline over changes made to working conditions as the Covid-19 pandemic took hold. The pilots contend those changes should have been subject to bargaining with its union, while the company said such bargaining was not required.</p>\n<p><a href=\"https://laohu8.com/S/CNI\">Canadian National Railway</a> – Canadian National will not be allowed to use a temporary voting trust as part of its $30 billion deal to buyKansas City Southern(KSU), following a ruling from the Surface Transportation Board. That could present a significant obstacle to completing the deal, and another opportunity forCanadian Pacific Railway(CP), which has also offered to buy Kansas City Southern.</p>\n<p><a href=\"https://laohu8.com/S/SFM\">Sprouts Farmers</a> – Sprouts said its Chief Financial Officer Denise Paulonis is leaving the natural foods supermarket chain, with board member Lawrence Molloy succeeding Paulonis on Sept. 25.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150578459","content_text":"U.S. stock index futures rose on Wednesday and put the S&P 500 on course to a new opening high, as investors awaited private jobs data and factory activity indicators for hints on the U.S. central bank’s policy tightening plans.\nAt 8:05 a.m. ET, Dow E-minis were up 111 points, or 0.31%, S&P 500 E-minis were up 15.5 points, or 0.34% and Nasdaq 100 E-minis were up 40.5 points, or 0.26%.\n*Source From Tiger Trade, EST 08:05\nWall Street’s main indexes have scaled record highs recently, with the S&P 500 marking a solid 2.9% rise in August as investors shrugged off risks around a rise in new infections and hoped for a gradual removal of stimulus by the Federal Reserve.\nStocks making the biggest moves in the premarket:\nCampbell Soup – The food producer beat top and bottom-line estimates for its latest quarter, earning an adjusted 55 cents per share and beating consensus by 7 cents. It issued a fiscal 2022 adjusted earnings outlook of $2.75-$2.85 per share, compared with a consensus estimate of $2.87, as it deals with higher input costs and a constrained labor market. Shares were initially up more than 1% in premarket trading but subsequently trimmed those gains.\nPVH Corp – PVH reported adjusted quarterly earnings of $2.72 per share, well above the $1.20 consensus estimate, while the apparel maker’s revenue topped forecasts as well. The company behind the Tommy Hilfiger and Calvin Klein brands also raised its full-year revenue forecast. PVH shares surged 7.8% in the premarket.\nAmbarella – Ambarella rallied 9.1% in premarket trading after it came in 10 cents above estimates with an adjusted quarterly profit of 35 cents per share. Revenue also beat analyst projections. The maker of chips for cars and cameras said demand is high and that revenue could reach a 5-year high for the current quarter.\nCrowdStrike Holdings, Inc. – CrowdStrike beat Street forecasts by 2 cents with adjusted quarterly earnings of 11 cents per share, while revenue came in above estimates as well. The cybersecurity company also raised its full-year outlook, but shares fell 2.2% in premarket action.\nRoyal Philips NV – Philips received permission from the FDA to begin repairing and replacing its DreamStation respiratory devices after the agency approved its proposal for replacing sound abatement material. The Dutch technology company issued a recall in June for up to 4 million of the devices to fix a potential toxicity problem with sound abatement foam. Philips gained 2.3% in the premarket.\nSunrun – The solar energy company’s stock jumped 3.6% in the premarket following two positive analyst mentions. It was added to the U.S. Analyst Focus List at JPMorgan Chase, and it was also among clean energy stocks rated “market overweight” in new coverage at Wolfe Research. Wolfe said the clean energy transition is a secular trend that will last well past the current economic cycle.\nNIO Inc. – The China-based electric vehicle maker’s shares slid 4.6% in premarket trading after it cut its third-quarter delivery outlook, citing supply chain constraints.\nIntuit – Intuit is in talks to buy e-mail marketing firm Mailchimp for more than $10 billion, according to people familiar with the matter who spoke to Bloomberg. Such a deal would add to the personal finance software company’s tools for small businesses, which include QuickBooks and Credit Karma.\nSouthwest Airlines – Southwest pilots are suing the airline over changes made to working conditions as the Covid-19 pandemic took hold. The pilots contend those changes should have been subject to bargaining with its union, while the company said such bargaining was not required.\nCanadian National Railway – Canadian National will not be allowed to use a temporary voting trust as part of its $30 billion deal to buyKansas City Southern(KSU), following a ruling from the Surface Transportation Board. That could present a significant obstacle to completing the deal, and another opportunity forCanadian Pacific Railway(CP), which has also offered to buy Kansas City Southern.\nSprouts Farmers – Sprouts said its Chief Financial Officer Denise Paulonis is leaving the natural foods supermarket chain, with board member Lawrence Molloy succeeding Paulonis on Sept. 25.","news_type":1},"isVote":1,"tweetType":1,"viewCount":359,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":814722928,"gmtCreate":1630886793664,"gmtModify":1631889383342,"author":{"id":"3577921698084479","authorId":"3577921698084479","name":"jojotay","avatar":"https://static.tigerbbs.com/c4d0b8e980a43f142db4742d668b6d86","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577921698084479","authorIdStr":"3577921698084479"},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/814722928","repostId":"2165804101","repostType":4,"isVote":1,"tweetType":1,"viewCount":761,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":812399743,"gmtCreate":1630550644682,"gmtModify":1631892732251,"author":{"id":"3577921698084479","authorId":"3577921698084479","name":"jojotay","avatar":"https://static.tigerbbs.com/c4d0b8e980a43f142db4742d668b6d86","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577921698084479","authorIdStr":"3577921698084479"},"themes":[],"htmlText":"Good post","listText":"Good post","text":"Good post","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/812399743","repostId":"1110833427","repostType":2,"isVote":1,"tweetType":1,"viewCount":273,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":812393834,"gmtCreate":1630550686528,"gmtModify":1631889383355,"author":{"id":"3577921698084479","authorId":"3577921698084479","name":"jojotay","avatar":"https://static.tigerbbs.com/c4d0b8e980a43f142db4742d668b6d86","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577921698084479","authorIdStr":"3577921698084479"},"themes":[],"htmlText":"[Strong] ","listText":"[Strong] ","text":"[Strong]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/812393834","repostId":"1121030066","repostType":4,"isVote":1,"tweetType":1,"viewCount":719,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":812393994,"gmtCreate":1630550663918,"gmtModify":1631889383359,"author":{"id":"3577921698084479","authorId":"3577921698084479","name":"jojotay","avatar":"https://static.tigerbbs.com/c4d0b8e980a43f142db4742d668b6d86","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577921698084479","authorIdStr":"3577921698084479"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/812393994","repostId":"2164481914","repostType":4,"isVote":1,"tweetType":1,"viewCount":456,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":839477574,"gmtCreate":1629178390598,"gmtModify":1631892732277,"author":{"id":"3577921698084479","authorId":"3577921698084479","name":"jojotay","avatar":"https://static.tigerbbs.com/c4d0b8e980a43f142db4742d668b6d86","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577921698084479","authorIdStr":"3577921698084479"},"themes":[],"htmlText":"Good post","listText":"Good post","text":"Good post","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/839477574","repostId":"1162723925","repostType":4,"repost":{"id":"1162723925","kind":"news","pubTimestamp":1629170609,"share":"https://www.laohu8.com/m/news/1162723925?lang=&edition=full","pubTime":"2021-08-17 11:23","market":"us","language":"en","title":"Micron Technology: Winter May Be Coming, But Not This Year... Nor The Next","url":"https://stock-news.laohu8.com/highlight/detail?id=1162723925","media":"seekingalpha","summary":"Summary\n\nThe Morgan Stanley downgrade of Memory chips was based on PC DRAM ASPs that represent just ","content":"<p><b>Summary</b></p>\n<ul>\n <li>The Morgan Stanley downgrade of Memory chips was based on PC DRAM ASPs that represent just 15% of the total DRAM demand.</li>\n <li>The report addressed dropping PC sales, but failed to recognize that DRAM content per PC is increasing each year.</li>\n <li>The report focuses on DRAM spot prices, instead of contract prices that make up 90% of supplier ASPs.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/72f0a26068ce9a56688977e5a0dd9578\" tg-width=\"1536\" tg-height=\"1024\" referrerpolicy=\"no-referrer\"><span>borisyankov/E+ via Getty Images</span></p>\n<p>Morgan Stanley analysts downgraded Micron(NASDAQ:MU)to equal weight from overweight, in their industry report titled, “Memory - Winter Is Coming.\" MS cautioned of a coming cool down in the DRAM memory business that could lead to lower DRAM prices.</p>\n<p>Morgan Stanley noted that</p>\n<blockquote>\n “DRAM conditions are losing steam, and our inflection signposts suggest caution from here there’s been a change from mid-cycle to late cycle, and that this phase-change has historically meant a challenging backdrop for forward returns.”\n</blockquote>\n<p>Micron Technology’sstock had its worst single-day percentage decline since March 16, 2020, when it fell 19.8%. MU's stock price for the past year is shown in Chart 1, illustrating the sell-off in the past few days coupled with a drop of more than 25% since reaching a high on April 12, 2021.</p>\n<p><img src=\"https://static.tigerbbs.com/ea0b20556a40eb39c18b7aa1ed295e1c\" tg-width=\"634\" tg-height=\"416\" referrerpolicy=\"no-referrer\"></p>\n<p>Chart 1</p>\n<p>This article presents data that refutes the underlying case presented by Morgan Stanley that worsening DRAM demand is contributing to an acceleration of the end of the current memory upcycle leading to the start of a down cycle in 1Q 2022.</p>\n<p><b>Morgan Stanley’s Misinterpretation of Data#1 Small Percentage of PC DRAM</b></p>\n<p>The first point is the emphasis by Morgan Stanley on PC DRAM price erosion as a harbinger for the downturn in the DRAM market. Why? Because PCs represent just 15% of the demand for DRAMs,as shown in Chart 2, according to our report entitled “<i>Hot ICs: A Market Analysis of Artificial Intelligence, 5G, CMOS Image Sensors, and Memory Chips.\"</i></p>\n<p><img src=\"https://static.tigerbbs.com/0b40e66f4b73b27303075791c19fe36f\" tg-width=\"640\" tg-height=\"465\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\">Chart 2</p>\n<p><b>#2 Increased DRAM content per PC</b></p>\n<p>The 15% DRAM demand for PCs is hardly enough to cause a stop in the memory cycle. But that's beside the point. Morgan Stanley overlooks the fact that DRAM content per PC increases each year even if the PC market has slowed.</p>\n<p>Chart 3 shows that PC unit shipments between 2015 and 2023. Indeed, my forecast shows that PCs will decrease in 2022 and 2023, but the decrease is due to a normalization of PC demand following the extraordinary demand for PCs during the work/study/stay-at-home orders associated with the COVID pandemic in 2020 that carried over into 2021.</p>\n<p>Prior to 2020, the PC market was decreasing, and I anticipate a corresponding return normalcy with a decrease of a few percent per year in 2022 and 2023. I estimate that DRAM content per PC will increase from 5.5 GB in 2015 to 14 GB in 2023. That’s an increase of 2.5 times during this period.</p>\n<p><img src=\"https://static.tigerbbs.com/5732cd4948d7209d76ccb4f7628560ab\" tg-width=\"640\" tg-height=\"465\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>Chart 3</p>\n<p>Thus, although PC units will decrease, DRAM content will increase during the next two years. But factoring in the increase in DRAM content per PC, we see in Chart 4 a much different growth in DRAMs.</p>\n<p><img src=\"https://static.tigerbbs.com/7c21d24f41f7f77bc00c62ed82b44f62\" tg-width=\"640\" tg-height=\"465\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\">Chart 4</p>\n<p><b>#3 Spot ASPs are Different than Contract ASPs</b></p>\n<p>Chart 5 shows DRAM data comparison for Spot ASPs vs Contract ASPs. The entire rationale for the TrendForce and Morgan Stanley reports is the drop in spot prices in 2021, and the resultant end of the current memory cycle.</p>\n<p><img src=\"https://static.tigerbbs.com/b5a2774dcaff2d53edd141e0cc1e2d13\" tg-width=\"640\" tg-height=\"346\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\">Chart 5</p>\n<p>Why they chose the drop in spot prices as the catalyst for the end of the cycle vs. the increase in contract prices as a catalyst for strong memory growth is irrational and illogical.</p>\n<p>Importantly, there's no correlation between PC sales (Chart 3) and prices (Chart 5). In Chart 3, PC sales were at their lowest period (2017 and 2018) while ASPs were at their highest. Thus, there's an inverse relationship between PC sales and ASPs, not a direct relationship that would add credibility to the MS forecast.</p>\n<p><b>#4 Spot ASPs Are a Function of Fear, Uncertainty, and Doubt (FUD Factor)</b></p>\n<p>Also note that Chart 5 shows that spot and contract prices tracked between October 2016 and the end of 2000. A bifurcation in spot vs contract prices then took place in which spot prices escalated and then collapsed, while contract prices continued a strong growth with no abatement.</p>\n<p>This bifurcation is clearly the result of the “semiconductor shortage” in which prices on the spot market have risen as a result of a perceived shortage of memory that has been interpreted as impacting not only automobiles, but every application using chips.</p>\n<p>TrendForce attempted to explain the shortage is due to stockpiling by PC suppliers, and I agree, which I also attributed to the DRAM collapse in 2000.I discussed stockpiling and hoarding as a major factor in 2000 and 2020, in a June 24, 2021 Semiconductor Deep Dive Marketplace newsletter articlehere.</p>\n<p>However, TrendForce’s statement in its press release of downward pressure on price hikes runs counter to the data in Chart 5 that contract prices have continued to increase unabated.</p>\n<blockquote>\n “Regarding the contract market, PC OEMs currently carry relatively high levels of DRAM inventory because they substantially stocked up on PC DRAM beforehand in anticipation of an upcoming shortage. Not only has PC OEMs’ high DRAM inventory put downward pressure on possible price hikes for PC DRAM, but the gradual lifting of COVID-related restrictions in Europe and the US will also likely lower the overall demand for notebook computers, thereby pulling down the overall demand for PC DRAM.”\n</blockquote>\n<p>Spot prices are based on what a buyer is willing to pay for an item with an undercurrent of fear, uncertainty, and doubt. For example, in my June 19, 2021, SA article entitled \"Micron Technology: No Shortage, Strong Growth, Period,\" from a commenter:</p>\n<blockquote>\n \"And, to lend credence to your microcontroller hypothesis, we recently were told that we would not be able to get a $3 micro for one of our existing products. I don't know if it was a direct result of the Renesas fire or not. But when we looked at the spot market we were quoted $81 for that part (that's not a typo). So now we have to re-design that board to use a different part.\"\n</blockquote>\n<p>About 10 years ago, I was an \"expert witness\" in a solar cell litigation case, and the basis of the complaint was the fact that spot silicon prices increased from $35 per metric ton to more than $500 per metric ton in a period of a few weeks because of silicon shortages. Once silicon manufacturers started making more silicon, prices dropped.</p>\n<p>Both these examples illustrate that spot prices have no direct bearing on real (contract) prices, and are often transitory.</p>\n<p>Back to the erroneous thesis that a DRAM cycle will end based on spot prices, I show supportive data in Chart 6 that suggests their data is wrong. This chart shows DRAM ASPs as reported directly from Micron, Samsung Electronics(OTC:SSNLF)and SK Hynix(OTC:HXSCL).</p>\n<p>Comparing Chart 5 and Chart 6, it is clear that data directly from the DRAM suppliers matches the positive contract prices and not spot prices. Readers must remember also that spot prices represent only 10% of the DRAM prices paid by customers. Contract prices represent 90% of actual prices.</p>\n<p><img src=\"https://static.tigerbbs.com/7d56577da5391c86374739262f773c7f\" tg-width=\"640\" tg-height=\"465\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>Chart 6</p>\n<p>Chart 7 shows memory ASPs on a three-month moving average from the SIA (Semiconductor Industry Association). Again, comparing Chart 7 with Chart 5, it is clear that the contract prices are the more valid metric.</p>\n<p><img src=\"https://static.tigerbbs.com/be8f41d833e46a0145982559a7e23732\" tg-width=\"640\" tg-height=\"341\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>Chart 7</p>\n<p><b>Investor Takeaway</b></p>\n<p>The recent press release from TrendForce and a report a day later by Morgan Stanley is based in data that's irrational and illogical. Their analysis is based on:</p>\n<ul>\n <li>PC DRAM ASPs that represent just 15% of the total DRAM demand.</li>\n <li>A drop in PC sales, which have been in decline and only increased due to the pandemic, but low PC sales correlate with high ASPs (Charts 3 and 5).</li>\n <li>Failure to recognize that DRAM content per PC is increasing each year and that metric shows no abatement in growth.</li>\n <li>DRAM spot prices instead of contract prices, the latter of which correlate with reporting data supplied by DRAM manufacturer.</li>\n</ul>\n<p>Strong demand for memory chips will continue through 2023 as supply is held in check not by shortages but judicious capex spend. The strong demand for memory chips such as 5G, servers, and EVs present a continuing tailwind for Micron Technology.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Micron Technology: Winter May Be Coming, But Not This Year... Nor The Next</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\">\nMicron Technology: Winter May Be Coming, But Not This Year... Nor The Next\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-17 11:23 GMT+8 <a href=https://seekingalpha.com/article/4449857-micron-technology-winter-may-be-coming-but-not-this-year-nor-the-next><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nThe Morgan Stanley downgrade of Memory chips was based on PC DRAM ASPs that represent just 15% of the total DRAM demand.\nThe report addressed dropping PC sales, but failed to recognize that ...</p>\n\n<a href=\"https://seekingalpha.com/article/4449857-micron-technology-winter-may-be-coming-but-not-this-year-nor-the-next\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MU":"美光科技"},"source_url":"https://seekingalpha.com/article/4449857-micron-technology-winter-may-be-coming-but-not-this-year-nor-the-next","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162723925","content_text":"Summary\n\nThe Morgan Stanley downgrade of Memory chips was based on PC DRAM ASPs that represent just 15% of the total DRAM demand.\nThe report addressed dropping PC sales, but failed to recognize that DRAM content per PC is increasing each year.\nThe report focuses on DRAM spot prices, instead of contract prices that make up 90% of supplier ASPs.\n\nborisyankov/E+ via Getty Images\nMorgan Stanley analysts downgraded Micron(NASDAQ:MU)to equal weight from overweight, in their industry report titled, “Memory - Winter Is Coming.\" MS cautioned of a coming cool down in the DRAM memory business that could lead to lower DRAM prices.\nMorgan Stanley noted that\n\n “DRAM conditions are losing steam, and our inflection signposts suggest caution from here there’s been a change from mid-cycle to late cycle, and that this phase-change has historically meant a challenging backdrop for forward returns.”\n\nMicron Technology’sstock had its worst single-day percentage decline since March 16, 2020, when it fell 19.8%. MU's stock price for the past year is shown in Chart 1, illustrating the sell-off in the past few days coupled with a drop of more than 25% since reaching a high on April 12, 2021.\n\nChart 1\nThis article presents data that refutes the underlying case presented by Morgan Stanley that worsening DRAM demand is contributing to an acceleration of the end of the current memory upcycle leading to the start of a down cycle in 1Q 2022.\nMorgan Stanley’s Misinterpretation of Data#1 Small Percentage of PC DRAM\nThe first point is the emphasis by Morgan Stanley on PC DRAM price erosion as a harbinger for the downturn in the DRAM market. Why? Because PCs represent just 15% of the demand for DRAMs,as shown in Chart 2, according to our report entitled “Hot ICs: A Market Analysis of Artificial Intelligence, 5G, CMOS Image Sensors, and Memory Chips.\"\nChart 2\n#2 Increased DRAM content per PC\nThe 15% DRAM demand for PCs is hardly enough to cause a stop in the memory cycle. But that's beside the point. Morgan Stanley overlooks the fact that DRAM content per PC increases each year even if the PC market has slowed.\nChart 3 shows that PC unit shipments between 2015 and 2023. Indeed, my forecast shows that PCs will decrease in 2022 and 2023, but the decrease is due to a normalization of PC demand following the extraordinary demand for PCs during the work/study/stay-at-home orders associated with the COVID pandemic in 2020 that carried over into 2021.\nPrior to 2020, the PC market was decreasing, and I anticipate a corresponding return normalcy with a decrease of a few percent per year in 2022 and 2023. I estimate that DRAM content per PC will increase from 5.5 GB in 2015 to 14 GB in 2023. That’s an increase of 2.5 times during this period.\n\nChart 3\nThus, although PC units will decrease, DRAM content will increase during the next two years. But factoring in the increase in DRAM content per PC, we see in Chart 4 a much different growth in DRAMs.\nChart 4\n#3 Spot ASPs are Different than Contract ASPs\nChart 5 shows DRAM data comparison for Spot ASPs vs Contract ASPs. The entire rationale for the TrendForce and Morgan Stanley reports is the drop in spot prices in 2021, and the resultant end of the current memory cycle.\nChart 5\nWhy they chose the drop in spot prices as the catalyst for the end of the cycle vs. the increase in contract prices as a catalyst for strong memory growth is irrational and illogical.\nImportantly, there's no correlation between PC sales (Chart 3) and prices (Chart 5). In Chart 3, PC sales were at their lowest period (2017 and 2018) while ASPs were at their highest. Thus, there's an inverse relationship between PC sales and ASPs, not a direct relationship that would add credibility to the MS forecast.\n#4 Spot ASPs Are a Function of Fear, Uncertainty, and Doubt (FUD Factor)\nAlso note that Chart 5 shows that spot and contract prices tracked between October 2016 and the end of 2000. A bifurcation in spot vs contract prices then took place in which spot prices escalated and then collapsed, while contract prices continued a strong growth with no abatement.\nThis bifurcation is clearly the result of the “semiconductor shortage” in which prices on the spot market have risen as a result of a perceived shortage of memory that has been interpreted as impacting not only automobiles, but every application using chips.\nTrendForce attempted to explain the shortage is due to stockpiling by PC suppliers, and I agree, which I also attributed to the DRAM collapse in 2000.I discussed stockpiling and hoarding as a major factor in 2000 and 2020, in a June 24, 2021 Semiconductor Deep Dive Marketplace newsletter articlehere.\nHowever, TrendForce’s statement in its press release of downward pressure on price hikes runs counter to the data in Chart 5 that contract prices have continued to increase unabated.\n\n “Regarding the contract market, PC OEMs currently carry relatively high levels of DRAM inventory because they substantially stocked up on PC DRAM beforehand in anticipation of an upcoming shortage. Not only has PC OEMs’ high DRAM inventory put downward pressure on possible price hikes for PC DRAM, but the gradual lifting of COVID-related restrictions in Europe and the US will also likely lower the overall demand for notebook computers, thereby pulling down the overall demand for PC DRAM.”\n\nSpot prices are based on what a buyer is willing to pay for an item with an undercurrent of fear, uncertainty, and doubt. For example, in my June 19, 2021, SA article entitled \"Micron Technology: No Shortage, Strong Growth, Period,\" from a commenter:\n\n \"And, to lend credence to your microcontroller hypothesis, we recently were told that we would not be able to get a $3 micro for one of our existing products. I don't know if it was a direct result of the Renesas fire or not. But when we looked at the spot market we were quoted $81 for that part (that's not a typo). So now we have to re-design that board to use a different part.\"\n\nAbout 10 years ago, I was an \"expert witness\" in a solar cell litigation case, and the basis of the complaint was the fact that spot silicon prices increased from $35 per metric ton to more than $500 per metric ton in a period of a few weeks because of silicon shortages. Once silicon manufacturers started making more silicon, prices dropped.\nBoth these examples illustrate that spot prices have no direct bearing on real (contract) prices, and are often transitory.\nBack to the erroneous thesis that a DRAM cycle will end based on spot prices, I show supportive data in Chart 6 that suggests their data is wrong. This chart shows DRAM ASPs as reported directly from Micron, Samsung Electronics(OTC:SSNLF)and SK Hynix(OTC:HXSCL).\nComparing Chart 5 and Chart 6, it is clear that data directly from the DRAM suppliers matches the positive contract prices and not spot prices. Readers must remember also that spot prices represent only 10% of the DRAM prices paid by customers. Contract prices represent 90% of actual prices.\n\nChart 6\nChart 7 shows memory ASPs on a three-month moving average from the SIA (Semiconductor Industry Association). Again, comparing Chart 7 with Chart 5, it is clear that the contract prices are the more valid metric.\n\nChart 7\nInvestor Takeaway\nThe recent press release from TrendForce and a report a day later by Morgan Stanley is based in data that's irrational and illogical. Their analysis is based on:\n\nPC DRAM ASPs that represent just 15% of the total DRAM demand.\nA drop in PC sales, which have been in decline and only increased due to the pandemic, but low PC sales correlate with high ASPs (Charts 3 and 5).\nFailure to recognize that DRAM content per PC is increasing each year and that metric shows no abatement in growth.\nDRAM spot prices instead of contract prices, the latter of which correlate with reporting data supplied by DRAM manufacturer.\n\nStrong demand for memory chips will continue through 2023 as supply is held in check not by shortages but judicious capex spend. The strong demand for memory chips such as 5G, servers, and EVs present a continuing tailwind for Micron Technology.","news_type":1},"isVote":1,"tweetType":1,"viewCount":172,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":839474201,"gmtCreate":1629178318003,"gmtModify":1631892732285,"author":{"id":"3577921698084479","authorId":"3577921698084479","name":"jojotay","avatar":"https://static.tigerbbs.com/c4d0b8e980a43f142db4742d668b6d86","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577921698084479","authorIdStr":"3577921698084479"},"themes":[],"htmlText":"Good post","listText":"Good post","text":"Good post","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/839474201","repostId":"1165381771","repostType":4,"repost":{"id":"1165381771","kind":"news","pubTimestamp":1629170892,"share":"https://www.laohu8.com/m/news/1165381771?lang=&edition=full","pubTime":"2021-08-17 11:28","market":"us","language":"en","title":"The 2 Stocks Every Investor Should Be Watching","url":"https://stock-news.laohu8.com/highlight/detail?id=1165381771","media":"Motley Fool","summary":"Find out what market participants will be talking about tomorrow.","content":"<p><b>Key Points</b></p>\n<ul>\n <li>Monday was a mixed day for stocks, which rebounded from their lowest levels of the day.</li>\n <li>Two key stocks could determine the direction of the entire market on Tuesday.</li>\n</ul>\n<p>Wall Street rebounded from early losses on Monday morning, finishing the day on a mixed note. The <b>Dow Jones Industrial Average</b>(DJINDICES:^DJI)and <b>S&P 500</b>(SNPINDEX:^GSPC) managed to post modest gains, and even the <b>Nasdaq Composite</b>(NASDAQINDEX:^IXIC)dramatically reduced the size of its declines over the course of the day.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cb5b728c1f5236c709db3e0270dc3e75\" tg-width=\"1152\" tg-height=\"333\" width=\"100%\" height=\"auto\"><span>DATA SOURCE: YAHOO! FINANCE.</span></p>\n<p>Earnings season is beginning to wind down, but there are still some high-profile stocks that have yet to report. Two of the most important stocks in the market right now will be giving their earnings results early Tuesday, and that's why investors should be watching <b>Home Depot</b>(NYSE:HD) and <b>Walmart</b>(NYSE:WMT)extremely closely as the retail stocks prepare to release their latest financial reports.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3b731f72fd9967ccb54241783515762a\" tg-width=\"2000\" tg-height=\"1199\" width=\"100%\" height=\"auto\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p>\n<p><b>Feeling at home</b></p>\n<p>Home Depot was one of the stocks that saw big intraday moves on Monday. Initially falling as much as 1%, the home-improvement retailer ended up rebounding to post a better than 1% gain on the day.</p>\n<p>Yet what many investors are anxiously awaiting is how well Home Depot can capitalize on continued interest in home renovation and maintenance. Most of those following the stock expect Home Depot to see at least a 10% rise in earnings during its fiscal second quarter from year-ago levels, with sales picking up 7% year over year.</p>\n<p>If those growth rates seem a little tepid in comparison to Home Depot's past performance, it's important to put last year's numbers into context. Sales a year ago soared 23% compared to the corresponding quarter in calendar 2019, as those dealing with lockdown measures made massive investments in their homes in order to weather the pandemic. Profits were up nearly 25% year over year. Now, with those investments having borne fruit, some homeowners are continuing to make improvements, but many will be satisfied with their efforts to date.</p>\n<p><b>Walmart makes its move</b></p>\n<p>Shares of Walmart finished Monday up slightly less than 1%. The retailer will announce its second-quarter financial results before the market opens on Tuesday.</p>\n<p>Investors have reasonable expectations from Walmart after a blockbuster performance a year ago. Earnings should be roughly flat from the second quarter of last year, and sales are likely to ease lower by around 1% year over year. Again, comparisons are somewhat tough, as earnings jumped almost 80% in the year-ago quarter compared to the same period in calendar 2019 before the pandemic took hold.</p>\n<p>There are a lot of uncertainties about Walmart right now. A strong economy should bolster consumer spending, but that sometimes translates into weakness for Walmart if consumers decide to spend up on pricier items from competitors like <b>Target</b>. Conversely, some fear that the recent rise in COVID-19 cases could start to eat into economic growth, and that seems increasingly reflected in consumer sentiment metrics.</p>\n<p>From a longer-term perspective, the big question facing Walmart is whether its investments in bolstering its online e-commerce channel will pay off permanently. During the worst days of the pandemic, Walmart customers flocked to online ordering in order to get necessities. When given a choice to shop in person or online, however, it remains to be seen what Walmart shoppers will do. The numbers will say a lot about whether all of Walmart's efforts have been in vain or will produce lasting advantages.</p>\n<p><b>Keep your eyes open</b></p>\n<p>No matter what Home Depot and Walmart announce tomorrow, they're likely to move the entire market. With so much volatility lately, surprising news from either of these companies could have a dramatic impact on Wall Street.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The 2 Stocks Every Investor Should Be Watching</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\">\nThe 2 Stocks Every Investor Should Be Watching\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-17 11:28 GMT+8 <a href=https://www.fool.com/investing/2021/08/16/the-2-stocks-every-investor-should-be-watching/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Key Points\n\nMonday was a mixed day for stocks, which rebounded from their lowest levels of the day.\nTwo key stocks could determine the direction of the entire market on Tuesday.\n\nWall Street rebounded...</p>\n\n<a href=\"https://www.fool.com/investing/2021/08/16/the-2-stocks-every-investor-should-be-watching/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WMT":"沃尔玛","HD":"家得宝"},"source_url":"https://www.fool.com/investing/2021/08/16/the-2-stocks-every-investor-should-be-watching/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165381771","content_text":"Key Points\n\nMonday was a mixed day for stocks, which rebounded from their lowest levels of the day.\nTwo key stocks could determine the direction of the entire market on Tuesday.\n\nWall Street rebounded from early losses on Monday morning, finishing the day on a mixed note. The Dow Jones Industrial Average(DJINDICES:^DJI)and S&P 500(SNPINDEX:^GSPC) managed to post modest gains, and even the Nasdaq Composite(NASDAQINDEX:^IXIC)dramatically reduced the size of its declines over the course of the day.\nDATA SOURCE: YAHOO! FINANCE.\nEarnings season is beginning to wind down, but there are still some high-profile stocks that have yet to report. Two of the most important stocks in the market right now will be giving their earnings results early Tuesday, and that's why investors should be watching Home Depot(NYSE:HD) and Walmart(NYSE:WMT)extremely closely as the retail stocks prepare to release their latest financial reports.\nIMAGE SOURCE: GETTY IMAGES.\nFeeling at home\nHome Depot was one of the stocks that saw big intraday moves on Monday. Initially falling as much as 1%, the home-improvement retailer ended up rebounding to post a better than 1% gain on the day.\nYet what many investors are anxiously awaiting is how well Home Depot can capitalize on continued interest in home renovation and maintenance. Most of those following the stock expect Home Depot to see at least a 10% rise in earnings during its fiscal second quarter from year-ago levels, with sales picking up 7% year over year.\nIf those growth rates seem a little tepid in comparison to Home Depot's past performance, it's important to put last year's numbers into context. Sales a year ago soared 23% compared to the corresponding quarter in calendar 2019, as those dealing with lockdown measures made massive investments in their homes in order to weather the pandemic. Profits were up nearly 25% year over year. Now, with those investments having borne fruit, some homeowners are continuing to make improvements, but many will be satisfied with their efforts to date.\nWalmart makes its move\nShares of Walmart finished Monday up slightly less than 1%. The retailer will announce its second-quarter financial results before the market opens on Tuesday.\nInvestors have reasonable expectations from Walmart after a blockbuster performance a year ago. Earnings should be roughly flat from the second quarter of last year, and sales are likely to ease lower by around 1% year over year. Again, comparisons are somewhat tough, as earnings jumped almost 80% in the year-ago quarter compared to the same period in calendar 2019 before the pandemic took hold.\nThere are a lot of uncertainties about Walmart right now. A strong economy should bolster consumer spending, but that sometimes translates into weakness for Walmart if consumers decide to spend up on pricier items from competitors like Target. Conversely, some fear that the recent rise in COVID-19 cases could start to eat into economic growth, and that seems increasingly reflected in consumer sentiment metrics.\nFrom a longer-term perspective, the big question facing Walmart is whether its investments in bolstering its online e-commerce channel will pay off permanently. During the worst days of the pandemic, Walmart customers flocked to online ordering in order to get necessities. When given a choice to shop in person or online, however, it remains to be seen what Walmart shoppers will do. The numbers will say a lot about whether all of Walmart's efforts have been in vain or will produce lasting advantages.\nKeep your eyes open\nNo matter what Home Depot and Walmart announce tomorrow, they're likely to move the entire market. With so much volatility lately, surprising news from either of these companies could have a dramatic impact on Wall Street.","news_type":1},"isVote":1,"tweetType":1,"viewCount":239,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}