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jieke89
jieke89
·
2021-12-17
Tell me your opinion about this news...
Uber: Ugly Duckling Is Growing Up
Summary Uber's delivery business is booming and expanding resulting in the company leveraging econo
Uber: Ugly Duckling Is Growing Up
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jieke89
jieke89
·
2021-12-17
Ok
Uber: Ugly Duckling Is Growing Up
Summary Uber's delivery business is booming and expanding resulting in the company leveraging econo
Uber: Ugly Duckling Is Growing Up
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jieke89
jieke89
·
2021-09-03
Happy birthday
生日快乐,生日快涨
@积神斗港女:
今天积神生日,收到了兄弟姐妹们的生日礼物和祝福,今年,是自己收到最多礼物的一次生日了,毕竟,我的生日基本上就是开学日,容易遭讨厌。这周,可能是生日的红利吧,自己的操作还算不错了,但我明白,自己还有很长的路要走,还有很多知识要学习,还得经历更多。每个时期获得的快乐源泉都是不一样的。年幼时期,我的快乐就是天天粘着父母四处玩;学生时期,快乐源于寒暑假的旅游聚会;留学时期,通宵达旦,那是头一次离开父母后疯狂的快乐;工作前期,快乐就只剩下周六日的居家生活;到了现在,每天的快乐就是不断丰富股票知识,同时还能看着账户里的数字一天天变大,我觉得,这才是成人的快乐吧。进入股市的初衷,有人是想赚快钱,有人是想获得稳定的收益改善生活,有人是想财富自由,而我就是想做到财富自由的那位,很异想天开吧?但那时的我是很坚定的相信,股市里是没有知识需要学习的,只要有运气,在股市就能赚到钱,就能够财富自由!但入场后我才发现,股市远没有自己想的那么简单,处处是凶险。即便在连续碰壁了之后,我还是没意识到股市大有学问,没想到去通过学习来建立自己的认知,建立自己的模式。那时候,我是一点觉悟都没有的,可以说,如果没有狗屎运,我现在一定会跑输绝大部分的人,甚至已经离场,做回那个期待周六日的打工人。不得不说,一年前的狗屎运让我的人生发生了翻天覆地的变化,还是往好方向改变的。但这样的运气并不是让我立马赚到了大钱,成为暴发户,但是它,让我遇到了我师父,教了我很多足以让我在股市里终生受用的知识。一切都是那么的糊里糊涂,却又那么的顺其自然,或许真的是猿粪吧。以前我对‘知识改变命运’这句话是非常反感的,因为我学生时代是个学渣,那时候的我并不认为‘读死书’可以改变命运。但我错了,我理解错了这句话,每当我一次又一次将股市的知识应用到实战中的时候,才醒悟过来,知识,真好。在实践当中我获得了从未有过的充实感和成就感,虽然我还没能赚多少钱,但
生日快乐,生日快涨
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jieke89
jieke89
·
2021-07-26
Market shares will be dropping for a period before it goes back up again
非常抱歉,此主贴已删除
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jieke89
jieke89
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2021-07-13
Ok
Earnings season starts with sky-high stock prices and soaring expectations
Earnings season begins with two major tailwinds: sky-high prices and soaring expectations. On paper,
Earnings season starts with sky-high stock prices and soaring expectations
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jieke89
jieke89
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2021-07-13
Ok
Goldman Sachs Group Q2 EPS $15.02 Beats $10.23 Estimate
Goldman Sachs reported its second-quarter earnings before the bell on Tuesday. Here are the numbers:
Goldman Sachs Group Q2 EPS $15.02 Beats $10.23 Estimate
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jieke89
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2021-07-01
Ok
ARK Innovation Is Coming Back Strongly. Here’s a Trade to Exploit It.
Cathie Wood, ARK Invest It is time once more to consider getting on board Cathie Wood’s ARK Innovati
ARK Innovation Is Coming Back Strongly. Here’s a Trade to Exploit It.
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jieke89
jieke89
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2021-06-22
Invest
Tesla to hold AI Day in 'about a month' for hiring: Musk
Tesla chief Elon Musk is considering holding an AI Day in about a month, where the Silicon Valley billionaire will showcase the progress in AI software and hardware with an aim to recruit.
Tesla to hold AI Day in 'about a month' for hiring: Musk
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jieke89
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2021-06-22
Invest
非常抱歉,此主贴已删除
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jieke89
jieke89
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2021-03-08
Latest
A Giant Pension Bought Apple, GE, and Intel Stock. Here’s What It Sold.
One of the largest pensions in the world recently bought more shares of the maker of iPhones, and lo
A Giant Pension Bought Apple, GE, and Intel Stock. Here’s What It Sold.
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In the early days of going public, Uber suffered ignorance and unfavorable views from the investing community just like the ugly duckling, but today, I believe Uber is just around the corner from blossoming into a beautiful and successful swan.</p>\n<p>Uber's business is turning around as the underlying trend forms in favor of the company. From the depths of the pandemic to the pace of recovery seen today, the world changed for good, at least for Uber. One of those changes is food delivery. During the pandemic, consumers could not comfortably leave their houses and dine out resulting in those consumers turning to food delivery permanently growing a business that has been the primary reason for Uber's continuous losses. Thus, as the trend of food delivery continues to grow from the pandemic, Uber's business through economies of scale has been enjoying the favorable trend, and I believe that the convenience of food delivery will allow permanent penetration of delivery in our daily lives. Further, as mobility recovers as well from the pandemic in all aspects, Uber is likely to report a profitable 2022 fiscal year. Although there are risks of dilution,Covid and macroeconomic risks, I believe now is finally the time to consider investing in the ugly duckling.</p>\n<p><b>Favorable Trend</b></p>\n<p>Pandemic brought devastation across nearly all industries and aspects of our lives; however, for Uber, I believe pandemic turned out to be beneficial for the company. Uber's major businesses are delivery and mobility. Before the pandemic, while the mobility business was starting to report positive adjusted EBTIDA, the delivery business continued to struggle. The market was relatively smaller and competitive leading to Uber spending immense amounts of capital on sales, marketing, and development. Even worse, the economies of scale were not seen at the time. However, times have changed for the delivery business. First, the food delivery industry exploded in popularity. For example, Uber's delivery business grew almost 3 fold from 2019Q4. This massive growth in the industry allowed Uber to leverage economies of scale leading to improving bottom lines. Further, the adaption of the delivery culture in the daily lives of the people allowed Uber to expand its business to more than delivering foods. The company is currently delivering groceries, Christmas trees, and even alcoholic beverages. Therefore, as the market continues to mature, Uber can leverage economies of scale to turn around its loss-leading delivery business into a profitable giant.</p>\n<p>Some critics may argue that delivery was only successful because consumers were not comfortable going outside during the pandemic. I would like to argue otherwise. A pandemic may have been the driving factor behind the adaption of the delivery service by the public; however, convenience was what is and will sustain this business model. Through innovation seen in the past decades, we have seen how much consumers care about convenience through the rise of Amazon(NASDAQ:AMZN), Meta Platforms(NASDAQ:FB), and Apple(NASDAQ:AAPL). Why socialize digitally when you can meet others physically? Why order packages online and wait days when you can simply go buy that product today? Why use smartphones when you already had mobile phones? Consumers will never go back to the more inconvenient way of life.</p>\n<p>Unlike the delivery business, the mobility business was damaged by the pandemic, but it is expected that the mobility business will return to 2019 levels as the impact of the pandemic wanes. As the picture below shows, the mobility business in the world's biggest cities has almost returned to normalcy after the lockdown showing that the demand for ride-hailing services is still present. Further, as pandemic subsides and offices re-open, the mobility business will continue to grow.</p>\n<p><img src=\"https://static.tigerbbs.com/e0a5ee8af7dd1261e2686a20efa4d3b9\" tg-width=\"640\" tg-height=\"340\" width=\"100%\" height=\"auto\"></p>\n<p><b>Covid Fears</b></p>\n<p>Although pandemic was the leading cause of the delivery business success, a worsening pandemic will most likely damage my bullish thesis. A mobility business, a business segment set to lead profitability, will be heavily damaged; however, contrary to the mainstream media's opinion, I believe this scenario is unlikely to unfold due to vaccines and public sentiments.</p>\n<p>Pfizer(NYSE:PFE) on December 8th confirmed that theirCovid vaccines are still effective against the Omicron variant. The company said that a preliminary study \"demonstrates that three doses [of the vaccines] neutralize the Omicron variant while two doses show significantly reduced neutralization titers.\" The company's claims are backed by Omicron orCovid outbreak unfolding in many European nations including Italy, France, the UK, and more.</p>\n<p><img src=\"https://static.tigerbbs.com/fe98b474db7223afa7617f0cb8545e42\" tg-width=\"640\" tg-height=\"413\" width=\"100%\" height=\"auto\"><img src=\"https://static.tigerbbs.com/8849809f79a66a367009de9b31677d63\" tg-width=\"640\" tg-height=\"400\" width=\"100%\" height=\"auto\"><img src=\"https://static.tigerbbs.com/415cdc534da7dc5a6d6f9e754adf099e\" tg-width=\"640\" tg-height=\"388\" width=\"100%\" height=\"auto\"></p>\n<p>Using France as an example, the first picture above shows theCovid cases rising exponentially while the second picture shows the death rate is range-bound. The vaccination rate, shown in the third picture, backs up Pfizer's claim regarding the efficacy of its vaccines because while infections are rising, fatalities are limited due to the vaccines.</p>\n<p>Further, the public's resent for more lockdowns and extreme restrictions are most likely to make Uber's mobility segment of the business more resilient than previous outbreaks.</p>\n<p><b>Financials and Valuation</b></p>\n<p>Uber's balance sheet along with valuation is great. According to Uber's quarterly report, Uber reported revenue growth of 72% year-over-year to $4.8 billion dollars with $8 million positive adjusted EBITDA. After years of losses, the delivery businesses reached a near breakeven level to -0.1% adjusted EBITDA margin. Further, the company's mobility or mobility business had a 5.5% adjusted EBITDA margin, which was on par with the pre-pandemic margins. Overall, the continual improvement of the company's business is resulting in decreasing losses and a stronger balance sheet. Uber has about $5.6 billion in cash and about $33 billion in total assets while the total liabilities were about $20 billion bringing total liability to asset ratio (L/A) to about 60%. All in all, I believe Uber's balance sheet is strong enough to sustain the company's operation given no major changes.</p>\n<p>The valuation of Uber is slightly high. Uber, still unprofitable, trades at about 4.7 times price to sales ratio and about 3 times the forward price to sales ratio. These numbers may seem minimal in comparison with other companies, but because the margin expansion for Uber is questionable, I would say that Uber's valuation today is slightly high. However, as the business turns to reach profitability in the near future, I think the slightly high valuation seen in Uber may be manageable for some investors.</p>\n<p><b>Risks</b></p>\n<p>Investing in Uber comes with significant risks including dilution risks and macroeconomic risks. Uber has been extremely unprofitable for the past years resulting in massive dilution.Uber's outstanding shares increased 12.35% in 2018, 160.62% in 2019, 40.42% in 2020, and 8.2% to date in 2021. As such, to maintain the company's operations, Uber continuously diluted its existing shareholders. Thus, any hurdles to reaching profitability may result in even more dilution in the future. Also, the reason for Uber's financial health today is because of the massive dilution. Further, macroeconomic risks beyond Uber's control may impact the company. Inflation is already at historical highs, and it may continue to stay at these levels resulting in an even faster pace of tapering and rising rates by the Federal Reserve. Therefore, because Uber is still not profitable, raising rates will most likely affect the company negatively.</p>\n<p><b>Summary</b></p>\n<p>No one knows for sure if Uber will blossom into a beautiful swan from an ugly duckling, but today, I am starting to be cautiously bullish on Uber. Pandemic ultimately benefited the company's overall operations leading to a boom in the delivery business, which aided in Uber reaching unit economics. Further, the delivery business is expected to expand as consumers adapt to a more convenient way of life. For the mobility business, there were significant damages; however, as Uber has shown, the mobility business is strongly recovering to 2019 levels as the economies reopen. Therefore, as Uber attempts to turn around its business, I believe investors should worth consider investing in Uber. After all, Uber may blossom into a beautiful swan.</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>Uber: Ugly Duckling Is Growing Up</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\">\nUber: Ugly Duckling Is Growing Up\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-17 14:42 GMT+8 <a href=https://seekingalpha.com/article/4475598-uber-ugly-duckling-is-growing-up><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nUber's delivery business is booming and expanding resulting in the company leveraging economies of scale to reach profitability.\nMobility business is fast recovering from the pandemic as the ...</p>\n\n<a href=\"https://seekingalpha.com/article/4475598-uber-ugly-duckling-is-growing-up\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://seekingalpha.com/article/4475598-uber-ugly-duckling-is-growing-up","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108936663","content_text":"Summary\n\nUber's delivery business is booming and expanding resulting in the company leveraging economies of scale to reach profitability.\nMobility business is fast recovering from the pandemic as the economies reopen.\nFuture lockdowns and covid restrictions that were seen before are not likely.\nTherefore, Uber may be the ugly duckling waiting to become a swan.\n\nMOZCO Mateusz Szymanski/iStock Editorial via Getty Images\nIntroduction and Thesis\nI am starting to believe that Uber's(NYSE:UBER)story is unfolding like the story of the ugly duckling. In the early days of going public, Uber suffered ignorance and unfavorable views from the investing community just like the ugly duckling, but today, I believe Uber is just around the corner from blossoming into a beautiful and successful swan.\nUber's business is turning around as the underlying trend forms in favor of the company. From the depths of the pandemic to the pace of recovery seen today, the world changed for good, at least for Uber. One of those changes is food delivery. During the pandemic, consumers could not comfortably leave their houses and dine out resulting in those consumers turning to food delivery permanently growing a business that has been the primary reason for Uber's continuous losses. Thus, as the trend of food delivery continues to grow from the pandemic, Uber's business through economies of scale has been enjoying the favorable trend, and I believe that the convenience of food delivery will allow permanent penetration of delivery in our daily lives. Further, as mobility recovers as well from the pandemic in all aspects, Uber is likely to report a profitable 2022 fiscal year. Although there are risks of dilution,Covid and macroeconomic risks, I believe now is finally the time to consider investing in the ugly duckling.\nFavorable Trend\nPandemic brought devastation across nearly all industries and aspects of our lives; however, for Uber, I believe pandemic turned out to be beneficial for the company. Uber's major businesses are delivery and mobility. Before the pandemic, while the mobility business was starting to report positive adjusted EBTIDA, the delivery business continued to struggle. The market was relatively smaller and competitive leading to Uber spending immense amounts of capital on sales, marketing, and development. Even worse, the economies of scale were not seen at the time. However, times have changed for the delivery business. First, the food delivery industry exploded in popularity. For example, Uber's delivery business grew almost 3 fold from 2019Q4. This massive growth in the industry allowed Uber to leverage economies of scale leading to improving bottom lines. Further, the adaption of the delivery culture in the daily lives of the people allowed Uber to expand its business to more than delivering foods. The company is currently delivering groceries, Christmas trees, and even alcoholic beverages. Therefore, as the market continues to mature, Uber can leverage economies of scale to turn around its loss-leading delivery business into a profitable giant.\nSome critics may argue that delivery was only successful because consumers were not comfortable going outside during the pandemic. I would like to argue otherwise. A pandemic may have been the driving factor behind the adaption of the delivery service by the public; however, convenience was what is and will sustain this business model. Through innovation seen in the past decades, we have seen how much consumers care about convenience through the rise of Amazon(NASDAQ:AMZN), Meta Platforms(NASDAQ:FB), and Apple(NASDAQ:AAPL). Why socialize digitally when you can meet others physically? Why order packages online and wait days when you can simply go buy that product today? Why use smartphones when you already had mobile phones? Consumers will never go back to the more inconvenient way of life.\nUnlike the delivery business, the mobility business was damaged by the pandemic, but it is expected that the mobility business will return to 2019 levels as the impact of the pandemic wanes. As the picture below shows, the mobility business in the world's biggest cities has almost returned to normalcy after the lockdown showing that the demand for ride-hailing services is still present. Further, as pandemic subsides and offices re-open, the mobility business will continue to grow.\n\nCovid Fears\nAlthough pandemic was the leading cause of the delivery business success, a worsening pandemic will most likely damage my bullish thesis. A mobility business, a business segment set to lead profitability, will be heavily damaged; however, contrary to the mainstream media's opinion, I believe this scenario is unlikely to unfold due to vaccines and public sentiments.\nPfizer(NYSE:PFE) on December 8th confirmed that theirCovid vaccines are still effective against the Omicron variant. The company said that a preliminary study \"demonstrates that three doses [of the vaccines] neutralize the Omicron variant while two doses show significantly reduced neutralization titers.\" The company's claims are backed by Omicron orCovid outbreak unfolding in many European nations including Italy, France, the UK, and more.\n\nUsing France as an example, the first picture above shows theCovid cases rising exponentially while the second picture shows the death rate is range-bound. The vaccination rate, shown in the third picture, backs up Pfizer's claim regarding the efficacy of its vaccines because while infections are rising, fatalities are limited due to the vaccines.\nFurther, the public's resent for more lockdowns and extreme restrictions are most likely to make Uber's mobility segment of the business more resilient than previous outbreaks.\nFinancials and Valuation\nUber's balance sheet along with valuation is great. According to Uber's quarterly report, Uber reported revenue growth of 72% year-over-year to $4.8 billion dollars with $8 million positive adjusted EBITDA. After years of losses, the delivery businesses reached a near breakeven level to -0.1% adjusted EBITDA margin. Further, the company's mobility or mobility business had a 5.5% adjusted EBITDA margin, which was on par with the pre-pandemic margins. Overall, the continual improvement of the company's business is resulting in decreasing losses and a stronger balance sheet. Uber has about $5.6 billion in cash and about $33 billion in total assets while the total liabilities were about $20 billion bringing total liability to asset ratio (L/A) to about 60%. All in all, I believe Uber's balance sheet is strong enough to sustain the company's operation given no major changes.\nThe valuation of Uber is slightly high. Uber, still unprofitable, trades at about 4.7 times price to sales ratio and about 3 times the forward price to sales ratio. These numbers may seem minimal in comparison with other companies, but because the margin expansion for Uber is questionable, I would say that Uber's valuation today is slightly high. However, as the business turns to reach profitability in the near future, I think the slightly high valuation seen in Uber may be manageable for some investors.\nRisks\nInvesting in Uber comes with significant risks including dilution risks and macroeconomic risks. Uber has been extremely unprofitable for the past years resulting in massive dilution.Uber's outstanding shares increased 12.35% in 2018, 160.62% in 2019, 40.42% in 2020, and 8.2% to date in 2021. As such, to maintain the company's operations, Uber continuously diluted its existing shareholders. Thus, any hurdles to reaching profitability may result in even more dilution in the future. Also, the reason for Uber's financial health today is because of the massive dilution. Further, macroeconomic risks beyond Uber's control may impact the company. Inflation is already at historical highs, and it may continue to stay at these levels resulting in an even faster pace of tapering and rising rates by the Federal Reserve. Therefore, because Uber is still not profitable, raising rates will most likely affect the company negatively.\nSummary\nNo one knows for sure if Uber will blossom into a beautiful swan from an ugly duckling, but today, I am starting to be cautiously bullish on Uber. Pandemic ultimately benefited the company's overall operations leading to a boom in the delivery business, which aided in Uber reaching unit economics. Further, the delivery business is expected to expand as consumers adapt to a more convenient way of life. For the mobility business, there were significant damages; however, as Uber has shown, the mobility business is strongly recovering to 2019 levels as the economies reopen. Therefore, as Uber attempts to turn around its business, I believe investors should worth consider investing in Uber. After all, Uber may blossom into a beautiful swan.","news_type":1},"isVote":1,"tweetType":1,"viewCount":773,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":699068910,"gmtCreate":1639724169089,"gmtModify":1639724169213,"author":{"id":"3574149444273582","authorId":"3574149444273582","name":"jieke89","avatar":"https://static.tigerbbs.com/975f377c0493305efe04f937d20c3961","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574149444273582","idStr":"3574149444273582"},"themes":[],"htmlText":"Ok ","listText":"Ok ","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/699068910","repostId":"1108936663","repostType":4,"repost":{"id":"1108936663","kind":"news","pubTimestamp":1639723361,"share":"https://www.laohu8.com/m/news/1108936663?lang=&edition=full","pubTime":"2021-12-17 14:42","market":"us","language":"en","title":"Uber: Ugly Duckling Is Growing Up","url":"https://stock-news.laohu8.com/highlight/detail?id=1108936663","media":"Seeking Alpha","summary":"Summary\n\nUber's delivery business is booming and expanding resulting in the company leveraging econo","content":"<p><b>Summary</b></p>\n<ul>\n <li>Uber's delivery business is booming and expanding resulting in the company leveraging economies of scale to reach profitability.</li>\n <li>Mobility business is fast recovering from the pandemic as the economies reopen.</li>\n <li>Future lockdowns and covid restrictions that were seen before are not likely.</li>\n <li>Therefore, Uber may be the ugly duckling waiting to become a swan.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/44b93f3ad8b1091da22c151e759153e2\" tg-width=\"1536\" tg-height=\"1024\" width=\"100%\" height=\"auto\"><span>MOZCO Mateusz Szymanski/iStock Editorial via Getty Images</span></p>\n<p><b>Introduction and Thesis</b></p>\n<p>I am starting to believe that Uber's(NYSE:UBER)story is unfolding like the story of the ugly duckling. In the early days of going public, Uber suffered ignorance and unfavorable views from the investing community just like the ugly duckling, but today, I believe Uber is just around the corner from blossoming into a beautiful and successful swan.</p>\n<p>Uber's business is turning around as the underlying trend forms in favor of the company. From the depths of the pandemic to the pace of recovery seen today, the world changed for good, at least for Uber. One of those changes is food delivery. During the pandemic, consumers could not comfortably leave their houses and dine out resulting in those consumers turning to food delivery permanently growing a business that has been the primary reason for Uber's continuous losses. Thus, as the trend of food delivery continues to grow from the pandemic, Uber's business through economies of scale has been enjoying the favorable trend, and I believe that the convenience of food delivery will allow permanent penetration of delivery in our daily lives. Further, as mobility recovers as well from the pandemic in all aspects, Uber is likely to report a profitable 2022 fiscal year. Although there are risks of dilution,Covid and macroeconomic risks, I believe now is finally the time to consider investing in the ugly duckling.</p>\n<p><b>Favorable Trend</b></p>\n<p>Pandemic brought devastation across nearly all industries and aspects of our lives; however, for Uber, I believe pandemic turned out to be beneficial for the company. Uber's major businesses are delivery and mobility. Before the pandemic, while the mobility business was starting to report positive adjusted EBTIDA, the delivery business continued to struggle. The market was relatively smaller and competitive leading to Uber spending immense amounts of capital on sales, marketing, and development. Even worse, the economies of scale were not seen at the time. However, times have changed for the delivery business. First, the food delivery industry exploded in popularity. For example, Uber's delivery business grew almost 3 fold from 2019Q4. This massive growth in the industry allowed Uber to leverage economies of scale leading to improving bottom lines. Further, the adaption of the delivery culture in the daily lives of the people allowed Uber to expand its business to more than delivering foods. The company is currently delivering groceries, Christmas trees, and even alcoholic beverages. Therefore, as the market continues to mature, Uber can leverage economies of scale to turn around its loss-leading delivery business into a profitable giant.</p>\n<p>Some critics may argue that delivery was only successful because consumers were not comfortable going outside during the pandemic. I would like to argue otherwise. A pandemic may have been the driving factor behind the adaption of the delivery service by the public; however, convenience was what is and will sustain this business model. Through innovation seen in the past decades, we have seen how much consumers care about convenience through the rise of Amazon(NASDAQ:AMZN), Meta Platforms(NASDAQ:FB), and Apple(NASDAQ:AAPL). Why socialize digitally when you can meet others physically? Why order packages online and wait days when you can simply go buy that product today? Why use smartphones when you already had mobile phones? Consumers will never go back to the more inconvenient way of life.</p>\n<p>Unlike the delivery business, the mobility business was damaged by the pandemic, but it is expected that the mobility business will return to 2019 levels as the impact of the pandemic wanes. As the picture below shows, the mobility business in the world's biggest cities has almost returned to normalcy after the lockdown showing that the demand for ride-hailing services is still present. Further, as pandemic subsides and offices re-open, the mobility business will continue to grow.</p>\n<p><img src=\"https://static.tigerbbs.com/e0a5ee8af7dd1261e2686a20efa4d3b9\" tg-width=\"640\" tg-height=\"340\" width=\"100%\" height=\"auto\"></p>\n<p><b>Covid Fears</b></p>\n<p>Although pandemic was the leading cause of the delivery business success, a worsening pandemic will most likely damage my bullish thesis. A mobility business, a business segment set to lead profitability, will be heavily damaged; however, contrary to the mainstream media's opinion, I believe this scenario is unlikely to unfold due to vaccines and public sentiments.</p>\n<p>Pfizer(NYSE:PFE) on December 8th confirmed that theirCovid vaccines are still effective against the Omicron variant. The company said that a preliminary study \"demonstrates that three doses [of the vaccines] neutralize the Omicron variant while two doses show significantly reduced neutralization titers.\" The company's claims are backed by Omicron orCovid outbreak unfolding in many European nations including Italy, France, the UK, and more.</p>\n<p><img src=\"https://static.tigerbbs.com/fe98b474db7223afa7617f0cb8545e42\" tg-width=\"640\" tg-height=\"413\" width=\"100%\" height=\"auto\"><img src=\"https://static.tigerbbs.com/8849809f79a66a367009de9b31677d63\" tg-width=\"640\" tg-height=\"400\" width=\"100%\" height=\"auto\"><img src=\"https://static.tigerbbs.com/415cdc534da7dc5a6d6f9e754adf099e\" tg-width=\"640\" tg-height=\"388\" width=\"100%\" height=\"auto\"></p>\n<p>Using France as an example, the first picture above shows theCovid cases rising exponentially while the second picture shows the death rate is range-bound. The vaccination rate, shown in the third picture, backs up Pfizer's claim regarding the efficacy of its vaccines because while infections are rising, fatalities are limited due to the vaccines.</p>\n<p>Further, the public's resent for more lockdowns and extreme restrictions are most likely to make Uber's mobility segment of the business more resilient than previous outbreaks.</p>\n<p><b>Financials and Valuation</b></p>\n<p>Uber's balance sheet along with valuation is great. According to Uber's quarterly report, Uber reported revenue growth of 72% year-over-year to $4.8 billion dollars with $8 million positive adjusted EBITDA. After years of losses, the delivery businesses reached a near breakeven level to -0.1% adjusted EBITDA margin. Further, the company's mobility or mobility business had a 5.5% adjusted EBITDA margin, which was on par with the pre-pandemic margins. Overall, the continual improvement of the company's business is resulting in decreasing losses and a stronger balance sheet. Uber has about $5.6 billion in cash and about $33 billion in total assets while the total liabilities were about $20 billion bringing total liability to asset ratio (L/A) to about 60%. All in all, I believe Uber's balance sheet is strong enough to sustain the company's operation given no major changes.</p>\n<p>The valuation of Uber is slightly high. Uber, still unprofitable, trades at about 4.7 times price to sales ratio and about 3 times the forward price to sales ratio. These numbers may seem minimal in comparison with other companies, but because the margin expansion for Uber is questionable, I would say that Uber's valuation today is slightly high. However, as the business turns to reach profitability in the near future, I think the slightly high valuation seen in Uber may be manageable for some investors.</p>\n<p><b>Risks</b></p>\n<p>Investing in Uber comes with significant risks including dilution risks and macroeconomic risks. Uber has been extremely unprofitable for the past years resulting in massive dilution.Uber's outstanding shares increased 12.35% in 2018, 160.62% in 2019, 40.42% in 2020, and 8.2% to date in 2021. As such, to maintain the company's operations, Uber continuously diluted its existing shareholders. Thus, any hurdles to reaching profitability may result in even more dilution in the future. Also, the reason for Uber's financial health today is because of the massive dilution. Further, macroeconomic risks beyond Uber's control may impact the company. Inflation is already at historical highs, and it may continue to stay at these levels resulting in an even faster pace of tapering and rising rates by the Federal Reserve. Therefore, because Uber is still not profitable, raising rates will most likely affect the company negatively.</p>\n<p><b>Summary</b></p>\n<p>No one knows for sure if Uber will blossom into a beautiful swan from an ugly duckling, but today, I am starting to be cautiously bullish on Uber. Pandemic ultimately benefited the company's overall operations leading to a boom in the delivery business, which aided in Uber reaching unit economics. Further, the delivery business is expected to expand as consumers adapt to a more convenient way of life. For the mobility business, there were significant damages; however, as Uber has shown, the mobility business is strongly recovering to 2019 levels as the economies reopen. Therefore, as Uber attempts to turn around its business, I believe investors should worth consider investing in Uber. After all, Uber may blossom into a beautiful swan.</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>Uber: Ugly Duckling Is Growing Up</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\">\nUber: Ugly Duckling Is Growing Up\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-17 14:42 GMT+8 <a href=https://seekingalpha.com/article/4475598-uber-ugly-duckling-is-growing-up><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nUber's delivery business is booming and expanding resulting in the company leveraging economies of scale to reach profitability.\nMobility business is fast recovering from the pandemic as the ...</p>\n\n<a href=\"https://seekingalpha.com/article/4475598-uber-ugly-duckling-is-growing-up\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://seekingalpha.com/article/4475598-uber-ugly-duckling-is-growing-up","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108936663","content_text":"Summary\n\nUber's delivery business is booming and expanding resulting in the company leveraging economies of scale to reach profitability.\nMobility business is fast recovering from the pandemic as the economies reopen.\nFuture lockdowns and covid restrictions that were seen before are not likely.\nTherefore, Uber may be the ugly duckling waiting to become a swan.\n\nMOZCO Mateusz Szymanski/iStock Editorial via Getty Images\nIntroduction and Thesis\nI am starting to believe that Uber's(NYSE:UBER)story is unfolding like the story of the ugly duckling. In the early days of going public, Uber suffered ignorance and unfavorable views from the investing community just like the ugly duckling, but today, I believe Uber is just around the corner from blossoming into a beautiful and successful swan.\nUber's business is turning around as the underlying trend forms in favor of the company. From the depths of the pandemic to the pace of recovery seen today, the world changed for good, at least for Uber. One of those changes is food delivery. During the pandemic, consumers could not comfortably leave their houses and dine out resulting in those consumers turning to food delivery permanently growing a business that has been the primary reason for Uber's continuous losses. Thus, as the trend of food delivery continues to grow from the pandemic, Uber's business through economies of scale has been enjoying the favorable trend, and I believe that the convenience of food delivery will allow permanent penetration of delivery in our daily lives. Further, as mobility recovers as well from the pandemic in all aspects, Uber is likely to report a profitable 2022 fiscal year. Although there are risks of dilution,Covid and macroeconomic risks, I believe now is finally the time to consider investing in the ugly duckling.\nFavorable Trend\nPandemic brought devastation across nearly all industries and aspects of our lives; however, for Uber, I believe pandemic turned out to be beneficial for the company. Uber's major businesses are delivery and mobility. Before the pandemic, while the mobility business was starting to report positive adjusted EBTIDA, the delivery business continued to struggle. The market was relatively smaller and competitive leading to Uber spending immense amounts of capital on sales, marketing, and development. Even worse, the economies of scale were not seen at the time. However, times have changed for the delivery business. First, the food delivery industry exploded in popularity. For example, Uber's delivery business grew almost 3 fold from 2019Q4. This massive growth in the industry allowed Uber to leverage economies of scale leading to improving bottom lines. Further, the adaption of the delivery culture in the daily lives of the people allowed Uber to expand its business to more than delivering foods. The company is currently delivering groceries, Christmas trees, and even alcoholic beverages. Therefore, as the market continues to mature, Uber can leverage economies of scale to turn around its loss-leading delivery business into a profitable giant.\nSome critics may argue that delivery was only successful because consumers were not comfortable going outside during the pandemic. I would like to argue otherwise. A pandemic may have been the driving factor behind the adaption of the delivery service by the public; however, convenience was what is and will sustain this business model. Through innovation seen in the past decades, we have seen how much consumers care about convenience through the rise of Amazon(NASDAQ:AMZN), Meta Platforms(NASDAQ:FB), and Apple(NASDAQ:AAPL). Why socialize digitally when you can meet others physically? Why order packages online and wait days when you can simply go buy that product today? Why use smartphones when you already had mobile phones? Consumers will never go back to the more inconvenient way of life.\nUnlike the delivery business, the mobility business was damaged by the pandemic, but it is expected that the mobility business will return to 2019 levels as the impact of the pandemic wanes. As the picture below shows, the mobility business in the world's biggest cities has almost returned to normalcy after the lockdown showing that the demand for ride-hailing services is still present. Further, as pandemic subsides and offices re-open, the mobility business will continue to grow.\n\nCovid Fears\nAlthough pandemic was the leading cause of the delivery business success, a worsening pandemic will most likely damage my bullish thesis. A mobility business, a business segment set to lead profitability, will be heavily damaged; however, contrary to the mainstream media's opinion, I believe this scenario is unlikely to unfold due to vaccines and public sentiments.\nPfizer(NYSE:PFE) on December 8th confirmed that theirCovid vaccines are still effective against the Omicron variant. The company said that a preliminary study \"demonstrates that three doses [of the vaccines] neutralize the Omicron variant while two doses show significantly reduced neutralization titers.\" The company's claims are backed by Omicron orCovid outbreak unfolding in many European nations including Italy, France, the UK, and more.\n\nUsing France as an example, the first picture above shows theCovid cases rising exponentially while the second picture shows the death rate is range-bound. The vaccination rate, shown in the third picture, backs up Pfizer's claim regarding the efficacy of its vaccines because while infections are rising, fatalities are limited due to the vaccines.\nFurther, the public's resent for more lockdowns and extreme restrictions are most likely to make Uber's mobility segment of the business more resilient than previous outbreaks.\nFinancials and Valuation\nUber's balance sheet along with valuation is great. According to Uber's quarterly report, Uber reported revenue growth of 72% year-over-year to $4.8 billion dollars with $8 million positive adjusted EBITDA. After years of losses, the delivery businesses reached a near breakeven level to -0.1% adjusted EBITDA margin. Further, the company's mobility or mobility business had a 5.5% adjusted EBITDA margin, which was on par with the pre-pandemic margins. Overall, the continual improvement of the company's business is resulting in decreasing losses and a stronger balance sheet. Uber has about $5.6 billion in cash and about $33 billion in total assets while the total liabilities were about $20 billion bringing total liability to asset ratio (L/A) to about 60%. All in all, I believe Uber's balance sheet is strong enough to sustain the company's operation given no major changes.\nThe valuation of Uber is slightly high. Uber, still unprofitable, trades at about 4.7 times price to sales ratio and about 3 times the forward price to sales ratio. These numbers may seem minimal in comparison with other companies, but because the margin expansion for Uber is questionable, I would say that Uber's valuation today is slightly high. However, as the business turns to reach profitability in the near future, I think the slightly high valuation seen in Uber may be manageable for some investors.\nRisks\nInvesting in Uber comes with significant risks including dilution risks and macroeconomic risks. Uber has been extremely unprofitable for the past years resulting in massive dilution.Uber's outstanding shares increased 12.35% in 2018, 160.62% in 2019, 40.42% in 2020, and 8.2% to date in 2021. As such, to maintain the company's operations, Uber continuously diluted its existing shareholders. Thus, any hurdles to reaching profitability may result in even more dilution in the future. Also, the reason for Uber's financial health today is because of the massive dilution. Further, macroeconomic risks beyond Uber's control may impact the company. Inflation is already at historical highs, and it may continue to stay at these levels resulting in an even faster pace of tapering and rising rates by the Federal Reserve. Therefore, because Uber is still not profitable, raising rates will most likely affect the company negatively.\nSummary\nNo one knows for sure if Uber will blossom into a beautiful swan from an ugly duckling, but today, I am starting to be cautiously bullish on Uber. Pandemic ultimately benefited the company's overall operations leading to a boom in the delivery business, which aided in Uber reaching unit economics. Further, the delivery business is expected to expand as consumers adapt to a more convenient way of life. For the mobility business, there were significant damages; however, as Uber has shown, the mobility business is strongly recovering to 2019 levels as the economies reopen. Therefore, as Uber attempts to turn around its business, I believe investors should worth consider investing in Uber. After all, Uber may blossom into a beautiful swan.","news_type":1},"isVote":1,"tweetType":1,"viewCount":843,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":815836744,"gmtCreate":1630663814088,"gmtModify":1632467979750,"author":{"id":"3574149444273582","authorId":"3574149444273582","name":"jieke89","avatar":"https://static.tigerbbs.com/975f377c0493305efe04f937d20c3961","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574149444273582","idStr":"3574149444273582"},"themes":[],"htmlText":"Happy birthday ","listText":"Happy birthday ","text":"Happy birthday","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/815836744","repostId":"812524811","repostType":1,"repost":{"id":812524811,"gmtCreate":1630595878333,"gmtModify":1630650536415,"author":{"id":"3554550096616171","authorId":"3554550096616171","name":"积神斗港女","avatar":"https://static.tigerbbs.com/dd40978fab43740b55a115239a8b1d29","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3554550096616171","idStr":"3554550096616171"},"themes":[],"title":"生日快乐,生日快涨","htmlText":"今天积神生日,收到了兄弟姐妹们的生日礼物和祝福,今年,是自己收到最多礼物的一次生日了,毕竟,我的生日基本上就是开学日,容易遭讨厌。这周,可能是生日的红利吧,自己的操作还算不错了,但我明白,自己还有很长的路要走,还有很多知识要学习,还得经历更多。每个时期获得的快乐源泉都是不一样的。年幼时期,我的快乐就是天天粘着父母四处玩;学生时期,快乐源于寒暑假的旅游聚会;留学时期,通宵达旦,那是头一次离开父母后疯狂的快乐;工作前期,快乐就只剩下周六日的居家生活;到了现在,每天的快乐就是不断丰富股票知识,同时还能看着账户里的数字一天天变大,我觉得,这才是成人的快乐吧。进入股市的初衷,有人是想赚快钱,有人是想获得稳定的收益改善生活,有人是想财富自由,而我就是想做到财富自由的那位,很异想天开吧?但那时的我是很坚定的相信,股市里是没有知识需要学习的,只要有运气,在股市就能赚到钱,就能够财富自由!但入场后我才发现,股市远没有自己想的那么简单,处处是凶险。即便在连续碰壁了之后,我还是没意识到股市大有学问,没想到去通过学习来建立自己的认知,建立自己的模式。那时候,我是一点觉悟都没有的,可以说,如果没有狗屎运,我现在一定会跑输绝大部分的人,甚至已经离场,做回那个期待周六日的打工人。不得不说,一年前的狗屎运让我的人生发生了翻天覆地的变化,还是往好方向改变的。但这样的运气并不是让我立马赚到了大钱,成为暴发户,但是它,让我遇到了我师父,教了我很多足以让我在股市里终生受用的知识。一切都是那么的糊里糊涂,却又那么的顺其自然,或许真的是猿粪吧。以前我对‘知识改变命运’这句话是非常反感的,因为我学生时代是个学渣,那时候的我并不认为‘读死书’可以改变命运。但我错了,我理解错了这句话,每当我一次又一次将股市的知识应用到实战中的时候,才醒悟过来,知识,真好。在实践当中我获得了从未有过的充实感和成就感,虽然我还没能赚多少钱,但","listText":"今天积神生日,收到了兄弟姐妹们的生日礼物和祝福,今年,是自己收到最多礼物的一次生日了,毕竟,我的生日基本上就是开学日,容易遭讨厌。这周,可能是生日的红利吧,自己的操作还算不错了,但我明白,自己还有很长的路要走,还有很多知识要学习,还得经历更多。每个时期获得的快乐源泉都是不一样的。年幼时期,我的快乐就是天天粘着父母四处玩;学生时期,快乐源于寒暑假的旅游聚会;留学时期,通宵达旦,那是头一次离开父母后疯狂的快乐;工作前期,快乐就只剩下周六日的居家生活;到了现在,每天的快乐就是不断丰富股票知识,同时还能看着账户里的数字一天天变大,我觉得,这才是成人的快乐吧。进入股市的初衷,有人是想赚快钱,有人是想获得稳定的收益改善生活,有人是想财富自由,而我就是想做到财富自由的那位,很异想天开吧?但那时的我是很坚定的相信,股市里是没有知识需要学习的,只要有运气,在股市就能赚到钱,就能够财富自由!但入场后我才发现,股市远没有自己想的那么简单,处处是凶险。即便在连续碰壁了之后,我还是没意识到股市大有学问,没想到去通过学习来建立自己的认知,建立自己的模式。那时候,我是一点觉悟都没有的,可以说,如果没有狗屎运,我现在一定会跑输绝大部分的人,甚至已经离场,做回那个期待周六日的打工人。不得不说,一年前的狗屎运让我的人生发生了翻天覆地的变化,还是往好方向改变的。但这样的运气并不是让我立马赚到了大钱,成为暴发户,但是它,让我遇到了我师父,教了我很多足以让我在股市里终生受用的知识。一切都是那么的糊里糊涂,却又那么的顺其自然,或许真的是猿粪吧。以前我对‘知识改变命运’这句话是非常反感的,因为我学生时代是个学渣,那时候的我并不认为‘读死书’可以改变命运。但我错了,我理解错了这句话,每当我一次又一次将股市的知识应用到实战中的时候,才醒悟过来,知识,真好。在实践当中我获得了从未有过的充实感和成就感,虽然我还没能赚多少钱,但","text":"今天积神生日,收到了兄弟姐妹们的生日礼物和祝福,今年,是自己收到最多礼物的一次生日了,毕竟,我的生日基本上就是开学日,容易遭讨厌。这周,可能是生日的红利吧,自己的操作还算不错了,但我明白,自己还有很长的路要走,还有很多知识要学习,还得经历更多。每个时期获得的快乐源泉都是不一样的。年幼时期,我的快乐就是天天粘着父母四处玩;学生时期,快乐源于寒暑假的旅游聚会;留学时期,通宵达旦,那是头一次离开父母后疯狂的快乐;工作前期,快乐就只剩下周六日的居家生活;到了现在,每天的快乐就是不断丰富股票知识,同时还能看着账户里的数字一天天变大,我觉得,这才是成人的快乐吧。进入股市的初衷,有人是想赚快钱,有人是想获得稳定的收益改善生活,有人是想财富自由,而我就是想做到财富自由的那位,很异想天开吧?但那时的我是很坚定的相信,股市里是没有知识需要学习的,只要有运气,在股市就能赚到钱,就能够财富自由!但入场后我才发现,股市远没有自己想的那么简单,处处是凶险。即便在连续碰壁了之后,我还是没意识到股市大有学问,没想到去通过学习来建立自己的认知,建立自己的模式。那时候,我是一点觉悟都没有的,可以说,如果没有狗屎运,我现在一定会跑输绝大部分的人,甚至已经离场,做回那个期待周六日的打工人。不得不说,一年前的狗屎运让我的人生发生了翻天覆地的变化,还是往好方向改变的。但这样的运气并不是让我立马赚到了大钱,成为暴发户,但是它,让我遇到了我师父,教了我很多足以让我在股市里终生受用的知识。一切都是那么的糊里糊涂,却又那么的顺其自然,或许真的是猿粪吧。以前我对‘知识改变命运’这句话是非常反感的,因为我学生时代是个学渣,那时候的我并不认为‘读死书’可以改变命运。但我错了,我理解错了这句话,每当我一次又一次将股市的知识应用到实战中的时候,才醒悟过来,知识,真好。在实践当中我获得了从未有过的充实感和成就感,虽然我还没能赚多少钱,但","images":[{"img":"https://static.tigerbbs.com/b158a69a796d5459d92bf85689f3689d","width":"397","height":"379"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/812524811","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":2,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":505,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":800915350,"gmtCreate":1627271296170,"gmtModify":1633766644638,"author":{"id":"3574149444273582","authorId":"3574149444273582","name":"jieke89","avatar":"https://static.tigerbbs.com/975f377c0493305efe04f937d20c3961","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574149444273582","idStr":"3574149444273582"},"themes":[],"htmlText":"Market shares will be dropping for a period before it goes back up again ","listText":"Market shares will be dropping for a period before it goes back up again ","text":"Market shares will be dropping for a period before it goes back up again","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":25,"repostSize":0,"link":"https://laohu8.com/post/800915350","repostId":"1172308187","repostType":4,"isVote":1,"tweetType":1,"viewCount":529,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":142784131,"gmtCreate":1626177303123,"gmtModify":1633929392162,"author":{"id":"3574149444273582","authorId":"3574149444273582","name":"jieke89","avatar":"https://static.tigerbbs.com/975f377c0493305efe04f937d20c3961","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574149444273582","idStr":"3574149444273582"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/142784131","repostId":"1191858541","repostType":4,"repost":{"id":"1191858541","kind":"news","pubTimestamp":1626175065,"share":"https://www.laohu8.com/m/news/1191858541?lang=&edition=full","pubTime":"2021-07-13 19:17","market":"us","language":"en","title":"Earnings season starts with sky-high stock prices and soaring expectations","url":"https://stock-news.laohu8.com/highlight/detail?id=1191858541","media":"CNBC","summary":"Earnings season begins with two major tailwinds: sky-high prices and soaring expectations.\nOn paper,","content":"<div>\n<p>Earnings season begins with two major tailwinds: sky-high prices and soaring expectations.\nOn paper, second-quarter earnings season looks like the mother of all earnings reports, with estimates having...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/13/earnings-season-starts-with-sky-high-stock-prices-and-sky-high-expectations.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","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>Earnings season starts with sky-high stock prices and soaring expectations</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{ 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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\">\nEarnings season starts with sky-high stock prices and soaring expectations\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-13 19:17 GMT+8 <a href=https://www.cnbc.com/2021/07/13/earnings-season-starts-with-sky-high-stock-prices-and-sky-high-expectations.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Earnings season begins with two major tailwinds: sky-high prices and soaring expectations.\nOn paper, second-quarter earnings season looks like the mother of all earnings reports, with estimates having...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/13/earnings-season-starts-with-sky-high-stock-prices-and-sky-high-expectations.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.cnbc.com/2021/07/13/earnings-season-starts-with-sky-high-stock-prices-and-sky-high-expectations.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1191858541","content_text":"Earnings season begins with two major tailwinds: sky-high prices and soaring expectations.\nOn paper, second-quarter earnings season looks like the mother of all earnings reports, with estimates having risen steadily for the past six months, from expected 45% growth in January to 65% growth today compared to the same period last year.\nIt's the strongest rate of growth since 2009, when earnings were just starting to recover from the disaster of the Great Financial Crisis.\nBut the gap between earnings expectations and the actual reported growth rates has been huge for nearly a year — and the market is beginning to (mistakenly) believe it is a permanent feature of the reporting landscape.\nHistorically, reported earnings tend to beat expectations by 3% to 5%, that is, companies usually manage to eke out a small positive surprise in their earnings reports.\nBut the last four quarters have blown apart those historical averages.\nEarnings blowout\n(difference between end of quarter estimates vs. reported estimates)\n\nQ2 20 12.6%\nQ3 20 15.5%\nQ420 13.2%\nQ121 28.7%\n\nSource: FactSet\nPut it all together, and the average \"beat\" for the last four quarters is about 18 percentage points above analyst estimates.\nCan the market pull off yet another 18% to 20% earnings beat? It looks like the market is anticipating exactly that. The second quarter dollar estimates are below the first quarter, even though corporate profits are clearly stronger, implying analysts are wrong again.\n2021 earnings\n($ per share, rounded)\n\nQ1: $49 (up 52%)\nQ2: $45 (up 65%)\nQ3: $48 (up 25%)\nQ4: $50 (up 18%)\n\nSource: Refinitiv\nThe per share dollar gain is $49 for Q1, but only $45 for Q2. The dollar value of the S&P earnings for the second quarter is well below the first quarter, which makes no sense if the second quarter economy is even stronger than the first quarter.\nThe market seems to be clearly implying another quarter of big earnings beats, higher than the even 65% growth analysts are already expected.\n\"Markets clearly believe Q2 earnings reports will far exceed expectations,\" Nicholas Colas from DataTrek said in a recent note to clients. \"The 'right' earnings growth rate for Q2 is likely closer to 80 percent assuming S&P EPS is only the same as Q1 2021...It could be closer to 100 percent if US corporate earnings power has improved since then.\"\nNearly two dozen companies have already reported earnings, and many of the largest have indeed pulled off impressive earnings beats:\nEarly performers\n(% beat)\n\nNike 82%\nKroger 18%\nCostco 18%\nOracle 17%\nFedEx in-line\n\nThe exception, FedEx, reported merely in-line earnings on June 24th after the close, and has traded below its price on that day ever since.\nAre earnings really that good?\nA 65% increase in earnings sounds titanic, but it's only because the Covid crisis reached its peak in the second quarter last year, and earnings predictably collapsed, as Christine Short from Wall Street Horizon noted.\n\"In this regard, because Q2 2020 is an easy YoY comparison, it's best to compare to years prior,\" she said in a recent note. \"For example, Q2 2021 growth is only 8.3% when compared to Q2 2019, which seems like a more realistic picture of the current rebound phase and growth trajectory we're on. But don't get me wrong, 8.3% is still a great growth rate in any quarter, well above the 5-year average earnings growth rate of 4.1%.\"\nBottom line: Earnings growth is still above historic norms, even after accounting for Covid.\nWhat's up with costs?\nBesides sky-high expectations, higher costs and pricing power are a major flashpoint for second quarter earnings.\nTake MSC Industrial Direct, a distributor of industrial supplies. It recently reported strong earnings and said demand was \"robust\" but also reported much higher costs. \"The industrial economy is experiencing very real supply chain shortages and disruptions,\" the company said on a conference call. \"These disruptions are evidencing themselves in product scarcity, freight delays, and extreme labor shortages that are resulting in significant availability and inflationary pressures.\"\nHowever, the company has also been raising prices as costs have increased.\n\"What's going to be important in this earnings season is who can have revenue growth and keep their operating margins,\" Sarat Sethi, managing partner and portfolio manager at DCLA and a CNBC contributor, said on our air. \"If you can't raise your prices or you can't raise revenue, you can't expand, I think those stocks that have already reflected really good futures could get hurt.\"\n Are big earnings beats here to stay?\nDon't bet on it.\nFortunately, earnings estimates for the third quarter have also been rising. \"Q3 earnings estimates have risen fairly close in tandem with Q2 estimates,\" CNBC's Robert Humreports.\nBut don't expect earnings beats of 20% to become the new normal.\n\"This [20% earnings beats] will not be a permanent feature,\" Nick Raich, who tracks corporate earnings at Earnings Scout, told me. \"Long-term the beat rate will come down to the more historic norm of five percent. But it could take a year to get back to normal. What will bring that down is more guidance from the companies. Those 20% beats are only happening because the guidance has been fuzzy. Once it gets sharper, analyst estimates will get closer to the actual guidance.\"\nRaich is urging investors to focus less on the beat rate, and more on the revisions. You want estimates to keep rising.\n\"The peak percentage rate of growth is likely in the second quarter. But I am looking for peak optimism, which is based on how much the estimates are going up after companies report. It's not just the direction, it's the magnitude. If estimates go up at a decreasing rate, that's when we know we hit peak optimism,\" he said.\nFor Nick Colas, it's a lot simpler: \"U.S. earnings season needs to be awesome\" to keep prices up, he said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":502,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":142784064,"gmtCreate":1626177281558,"gmtModify":1633929392409,"author":{"id":"3574149444273582","authorId":"3574149444273582","name":"jieke89","avatar":"https://static.tigerbbs.com/975f377c0493305efe04f937d20c3961","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574149444273582","idStr":"3574149444273582"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/142784064","repostId":"2151563412","repostType":4,"repost":{"id":"2151563412","kind":"highlight","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":1626175491,"share":"https://www.laohu8.com/m/news/2151563412?lang=&edition=full","pubTime":"2021-07-13 19:24","market":"hk","language":"en","title":"Goldman Sachs Group Q2 EPS $15.02 Beats $10.23 Estimate","url":"https://stock-news.laohu8.com/highlight/detail?id=2151563412","media":"Tiger Newspress","summary":"Goldman Sachs reported its second-quarter earnings before the bell on Tuesday.\nHere are the numbers:","content":"<p>Goldman Sachs reported its second-quarter earnings before the bell on Tuesday.</p>\n<p>Here are the numbers:</p>\n<p><b>Earnings:</b> $15.02 per share vs. $10.24 expected by analysts polled by Refinitiv. A year ago, Goldman recorded an EPS of $6.26 (53 cents per share if accounted for costs related to the 1MDB settlement.)</p>\n<p><b>Revenue:</b> $15.39 billion vs. $12.17 billion expected</p>\n<p>Investment banking posted its second-highest revenue quarter ever with $3.61 billion, behind the first quarter of 2021, as a booming IPO market boosted Goldman's equity underwriting.</p>\n<p>Last month, following the strong results of the Federal Reserve'sannual stress test, Goldman said it planned on boosting its dividend by 60% to $2 per share, subject to approval from the bank's board.</p>\n<p>For its first quarter of 2021, the New York-based bankblew past analysts' expectationswith record net profits and revenues on strong performance from the firm's investment banking and trading businesses, thanks to a rise in retail banking fueled by cheap consumer deposits.</p>\n<p>Of the six biggest U.S. banks, Goldman gets the largest share of its revenue from Wall Street activities including trading and investment banking.</p>\n<p>Shares of Goldman have risen 45% in 2021 on the back of the economic recovery from the Covid-19 pandemic.</p>\n<p>Goldman Sachs shares rises 0.7% in premarket trading.</p>\n<p><img src=\"https://static.tigerbbs.com/a40ec6831977fb2be9119f32e2df1b54\" tg-width=\"1260\" tg-height=\"618\" referrerpolicy=\"no-referrer\"></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>Goldman Sachs Group Q2 EPS $15.02 Beats $10.23 Estimate</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\">\nGoldman Sachs Group Q2 EPS $15.02 Beats $10.23 Estimate\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\">2021-07-13 19:24</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Goldman Sachs reported its second-quarter earnings before the bell on Tuesday.</p>\n<p>Here are the numbers:</p>\n<p><b>Earnings:</b> $15.02 per share vs. $10.24 expected by analysts polled by Refinitiv. A year ago, Goldman recorded an EPS of $6.26 (53 cents per share if accounted for costs related to the 1MDB settlement.)</p>\n<p><b>Revenue:</b> $15.39 billion vs. $12.17 billion expected</p>\n<p>Investment banking posted its second-highest revenue quarter ever with $3.61 billion, behind the first quarter of 2021, as a booming IPO market boosted Goldman's equity underwriting.</p>\n<p>Last month, following the strong results of the Federal Reserve'sannual stress test, Goldman said it planned on boosting its dividend by 60% to $2 per share, subject to approval from the bank's board.</p>\n<p>For its first quarter of 2021, the New York-based bankblew past analysts' expectationswith record net profits and revenues on strong performance from the firm's investment banking and trading businesses, thanks to a rise in retail banking fueled by cheap consumer deposits.</p>\n<p>Of the six biggest U.S. banks, Goldman gets the largest share of its revenue from Wall Street activities including trading and investment banking.</p>\n<p>Shares of Goldman have risen 45% in 2021 on the back of the economic recovery from the Covid-19 pandemic.</p>\n<p>Goldman Sachs shares rises 0.7% in premarket trading.</p>\n<p><img src=\"https://static.tigerbbs.com/a40ec6831977fb2be9119f32e2df1b54\" tg-width=\"1260\" tg-height=\"618\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GS":"高盛","QTWO":"Q2 Holdings Inc"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2151563412","content_text":"Goldman Sachs reported its second-quarter earnings before the bell on Tuesday.\nHere are the numbers:\nEarnings: $15.02 per share vs. $10.24 expected by analysts polled by Refinitiv. A year ago, Goldman recorded an EPS of $6.26 (53 cents per share if accounted for costs related to the 1MDB settlement.)\nRevenue: $15.39 billion vs. $12.17 billion expected\nInvestment banking posted its second-highest revenue quarter ever with $3.61 billion, behind the first quarter of 2021, as a booming IPO market boosted Goldman's equity underwriting.\nLast month, following the strong results of the Federal Reserve'sannual stress test, Goldman said it planned on boosting its dividend by 60% to $2 per share, subject to approval from the bank's board.\nFor its first quarter of 2021, the New York-based bankblew past analysts' expectationswith record net profits and revenues on strong performance from the firm's investment banking and trading businesses, thanks to a rise in retail banking fueled by cheap consumer deposits.\nOf the six biggest U.S. banks, Goldman gets the largest share of its revenue from Wall Street activities including trading and investment banking.\nShares of Goldman have risen 45% in 2021 on the back of the economic recovery from the Covid-19 pandemic.\nGoldman Sachs shares rises 0.7% in premarket trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":348,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":158108622,"gmtCreate":1625133593566,"gmtModify":1633944434968,"author":{"id":"3574149444273582","authorId":"3574149444273582","name":"jieke89","avatar":"https://static.tigerbbs.com/975f377c0493305efe04f937d20c3961","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574149444273582","idStr":"3574149444273582"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/158108622","repostId":"1190114481","repostType":4,"repost":{"id":"1190114481","kind":"news","pubTimestamp":1625131868,"share":"https://www.laohu8.com/m/news/1190114481?lang=&edition=full","pubTime":"2021-07-01 17:31","market":"us","language":"en","title":"ARK Innovation Is Coming Back Strongly. Here’s a Trade to Exploit It.","url":"https://stock-news.laohu8.com/highlight/detail?id=1190114481","media":"Barrons","summary":"Cathie Wood, ARK Invest\nIt is time once more to consider getting on board Cathie Wood’s ARK Innovati","content":"<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d1a0419512750dfca0641b7307fd75d6\" tg-width=\"1260\" tg-height=\"840\"><span>Cathie Wood, ARK Invest</span></p>\n<p>It is time once more to consider getting on board Cathie Wood’s ARK Innovation exchange-traded fund.</p>\n<p>ARK Innovation (ticker: ARKK), which owns many of the stock market’s most controversial and most intriguing companies, seems to be on the cusp of entering a higher trading range after a month of troubles.</p>\n<p>The Innovation ETF is hovering around $130, a level that has often proved to be difficult for the fund to stay above for long. But the recent rotation back into technology—and away from value stocks that benefited from the seeming end of the pandemic—could give the ETF a push higher.</p>\n<p>Aggressive investors who want to wager on the potential breakout can consider an options strategy that pays them for agreeing to buy the fund at a lower price, while letting them participate in future gains.</p>\n<p>When the Innovation ETF was trading around $130, the September $129 put could be sold for about $9 and the September $132 call could be bought for about $7.70. The risk reversal—that is, selling a put and buying a call with a higher strike price but with the same expiration—essentially pays investors $1.30 for agreeing to buy the fund at $129 and to participate in advances above $132.</p>\n<p>If the fund is at $150 at expiration, the call is worth $28. Should the ARK Innovation ETF be at $129 or lower at the September expiration, investors are obligated to buy the fund at $129 even if the fund is trading sharply lower.</p>\n<p>To avoid buying the fund on a decline, investors could adjust the put in the options market and move it to a different expiration. Of course, if the fund advances, and is above the put strike at expiration, investors can keep the put premium.</p>\n<p>During the past 52 weeks, ARK Innovation has ranged from $69.18 to $159.70.</p>\n<p>The risk-reversal strategy represents the evolution of a mid-May suggestion for investors to consider selling puts on the Innovation ETF when it seemed the fund was facing real trouble.</p>\n<p>At the time, many of the fund’s holdings were weak and out of favor as investors were abandoning growth stocks that were defensive holdings during the pandemic, while buying value stocks that would benefit from the reopening of the economy.</p>\n<p>It seemed that many investors and market pundits were happy to see Wood struggle after the fund rose 153% in 2020. But we recommended that investors look past the difficulties and wager that Wood would prevail.</p>\n<p>Rather than wilting under the pressure, she made a surprising and gutsy move. Wood took advantage of the weakness and essentially bought more stock as prices declined. The fund owns many stocks with extraordinary potential and often even more extraordinary valuations. The fund is closely associated with Tesla(TLSA), its top holding, but the portfolio includes other companies that are also trying to reshape the world with technology, including Teladoc Health(TDOC), Square (SQ),Zoom Video Communications(ZOOM), and Spotify Technology (SPOT).</p>\n<p>The June $85 put that we suggested investors consider selling at $2.30 when the stock was around $102 just expired worthless. The Innovation ETF, meanwhile, just traded at its highest level in two months. Since mid-May, ARK Innovation has gained about 35%—and the fund could be on the cusp of a bullish breakout.</p>\n<p>The fund traded above $130 from early January until March, only to come under bearish pressures during the recent rotation. The suggested risk-reversal strategy expresses a view that the Innovation ETF will trade above $130 into the fall, moving beyond a price that has often marked upside resistance.</p>","source":"lsy1601382232898","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>ARK Innovation Is Coming Back Strongly. Here’s a Trade to Exploit It.</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\">\nARK Innovation Is Coming Back Strongly. Here’s a Trade to Exploit It.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 17:31 GMT+8 <a href=https://www.barrons.com/articles/ark-innovation-is-coming-back-strongly-heres-a-trade-to-exploit-it-51625130000?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Cathie Wood, ARK Invest\nIt is time once more to consider getting on board Cathie Wood’s ARK Innovation exchange-traded fund.\nARK Innovation (ticker: ARKK), which owns many of the stock market’s most ...</p>\n\n<a href=\"https://www.barrons.com/articles/ark-innovation-is-coming-back-strongly-heres-a-trade-to-exploit-it-51625130000?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKF":"ARK Fintech Innovation ETF","TDOC":"Teladoc Health Inc.","SPOT":"Spotify Technology S.A.","ARKG":"ARK Genomic Revolution ETF","ARKR":"Ark Restaurants Corp","ZM":"Zoom","TSLA":"特斯拉","ARKO":"ARKO Corp","ARKK":"ARK Innovation ETF","ARKQ":"ARK Autonomous Technology & Robotics ETF"},"source_url":"https://www.barrons.com/articles/ark-innovation-is-coming-back-strongly-heres-a-trade-to-exploit-it-51625130000?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1190114481","content_text":"Cathie Wood, ARK Invest\nIt is time once more to consider getting on board Cathie Wood’s ARK Innovation exchange-traded fund.\nARK Innovation (ticker: ARKK), which owns many of the stock market’s most controversial and most intriguing companies, seems to be on the cusp of entering a higher trading range after a month of troubles.\nThe Innovation ETF is hovering around $130, a level that has often proved to be difficult for the fund to stay above for long. But the recent rotation back into technology—and away from value stocks that benefited from the seeming end of the pandemic—could give the ETF a push higher.\nAggressive investors who want to wager on the potential breakout can consider an options strategy that pays them for agreeing to buy the fund at a lower price, while letting them participate in future gains.\nWhen the Innovation ETF was trading around $130, the September $129 put could be sold for about $9 and the September $132 call could be bought for about $7.70. The risk reversal—that is, selling a put and buying a call with a higher strike price but with the same expiration—essentially pays investors $1.30 for agreeing to buy the fund at $129 and to participate in advances above $132.\nIf the fund is at $150 at expiration, the call is worth $28. Should the ARK Innovation ETF be at $129 or lower at the September expiration, investors are obligated to buy the fund at $129 even if the fund is trading sharply lower.\nTo avoid buying the fund on a decline, investors could adjust the put in the options market and move it to a different expiration. Of course, if the fund advances, and is above the put strike at expiration, investors can keep the put premium.\nDuring the past 52 weeks, ARK Innovation has ranged from $69.18 to $159.70.\nThe risk-reversal strategy represents the evolution of a mid-May suggestion for investors to consider selling puts on the Innovation ETF when it seemed the fund was facing real trouble.\nAt the time, many of the fund’s holdings were weak and out of favor as investors were abandoning growth stocks that were defensive holdings during the pandemic, while buying value stocks that would benefit from the reopening of the economy.\nIt seemed that many investors and market pundits were happy to see Wood struggle after the fund rose 153% in 2020. But we recommended that investors look past the difficulties and wager that Wood would prevail.\nRather than wilting under the pressure, she made a surprising and gutsy move. Wood took advantage of the weakness and essentially bought more stock as prices declined. The fund owns many stocks with extraordinary potential and often even more extraordinary valuations. The fund is closely associated with Tesla(TLSA), its top holding, but the portfolio includes other companies that are also trying to reshape the world with technology, including Teladoc Health(TDOC), Square (SQ),Zoom Video Communications(ZOOM), and Spotify Technology (SPOT).\nThe June $85 put that we suggested investors consider selling at $2.30 when the stock was around $102 just expired worthless. The Innovation ETF, meanwhile, just traded at its highest level in two months. Since mid-May, ARK Innovation has gained about 35%—and the fund could be on the cusp of a bullish breakout.\nThe fund traded above $130 from early January until March, only to come under bearish pressures during the recent rotation. The suggested risk-reversal strategy expresses a view that the Innovation ETF will trade above $130 into the fall, moving beyond a price that has often marked upside resistance.","news_type":1},"isVote":1,"tweetType":1,"viewCount":489,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":120732661,"gmtCreate":1624336944653,"gmtModify":1634007579207,"author":{"id":"3574149444273582","authorId":"3574149444273582","name":"jieke89","avatar":"https://static.tigerbbs.com/975f377c0493305efe04f937d20c3961","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574149444273582","idStr":"3574149444273582"},"themes":[],"htmlText":"Invest ","listText":"Invest ","text":"Invest","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/120732661","repostId":"2145037589","repostType":4,"repost":{"id":"2145037589","kind":"news","pubTimestamp":1624330062,"share":"https://www.laohu8.com/m/news/2145037589?lang=&edition=full","pubTime":"2021-06-22 10:47","market":"us","language":"en","title":"Tesla to hold AI Day in 'about a month' for hiring: Musk","url":"https://stock-news.laohu8.com/highlight/detail?id=2145037589","media":"CNA","summary":"Tesla chief Elon Musk is considering holding an AI Day in about a month, where the Silicon Valley billionaire will showcase the progress in AI software and hardware with an aim to recruit.","content":"<p>NEW YORK: Tesla chief Elon Musk is considering holding an AI Day in about a month, where the Silicon Valley billionaire will showcase the progress in AI software and hardware with an aim to recruit.</p>\n<p>\"Looking at holding Tesla AI Day in about a month or so. Will go over progress with Tesla AI software & hardware, both training & inference. Purpose is recruiting,\" Musk tweeted on Monday.</p>\n<p>His latest plan to promote Tesla's technology comes amid the hiccups faced in the company's path to achieve full self-driving technology.</p>\n<p>Musk had during an earnings call in January said he was \"highly confident the car will be able to drive itself with reliability in excess of human this year.\"</p>\n<p>But in May, Tesla informed the California Department of Motor Vehicles that it may not achieve full self-driving technology by 2021 end.</p>\n<p>The automaker is under review by the California regulator, which is probing if the company violated regulations by falsely promoting its advanced driver-assistance systems as being \"full self-driving\".</p>\n<p>Tesla's driver assistant features, which it describes as \"autopilot\" or \"full self-driving\", are designed to make hands-on driving easier. Those features do not make the vehicle autonomous.</p>\n<p>In Tesla's 'Battery Day' event in September last year, Musk said a US$25,000 car that drives itself will be possible in three years.</p>","source":"can_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla to hold AI Day in 'about a month' for hiring: Musk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla to hold AI Day in 'about a month' for hiring: Musk\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-22 10:47 GMT+8 <a href=https://www.channelnewsasia.com/news/business/tesla-to-hold-ai-day-in-about-a-month-for-hiring-musk-15063944><strong>CNA</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK: Tesla chief Elon Musk is considering holding an AI Day in about a month, where the Silicon Valley billionaire will showcase the progress in AI software and hardware with an aim to recruit.\n\"...</p>\n\n<a href=\"https://www.channelnewsasia.com/news/business/tesla-to-hold-ai-day-in-about-a-month-for-hiring-musk-15063944\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.channelnewsasia.com/news/business/tesla-to-hold-ai-day-in-about-a-month-for-hiring-musk-15063944","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2145037589","content_text":"NEW YORK: Tesla chief Elon Musk is considering holding an AI Day in about a month, where the Silicon Valley billionaire will showcase the progress in AI software and hardware with an aim to recruit.\n\"Looking at holding Tesla AI Day in about a month or so. Will go over progress with Tesla AI software & hardware, both training & inference. Purpose is recruiting,\" Musk tweeted on Monday.\nHis latest plan to promote Tesla's technology comes amid the hiccups faced in the company's path to achieve full self-driving technology.\nMusk had during an earnings call in January said he was \"highly confident the car will be able to drive itself with reliability in excess of human this year.\"\nBut in May, Tesla informed the California Department of Motor Vehicles that it may not achieve full self-driving technology by 2021 end.\nThe automaker is under review by the California regulator, which is probing if the company violated regulations by falsely promoting its advanced driver-assistance systems as being \"full self-driving\".\nTesla's driver assistant features, which it describes as \"autopilot\" or \"full self-driving\", are designed to make hands-on driving easier. Those features do not make the vehicle autonomous.\nIn Tesla's 'Battery Day' event in September last year, Musk said a US$25,000 car that drives itself will be possible in three years.","news_type":1},"isVote":1,"tweetType":1,"viewCount":218,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":120736718,"gmtCreate":1624336879134,"gmtModify":1634007579678,"author":{"id":"3574149444273582","authorId":"3574149444273582","name":"jieke89","avatar":"https://static.tigerbbs.com/975f377c0493305efe04f937d20c3961","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574149444273582","idStr":"3574149444273582"},"themes":[],"htmlText":"Invest ","listText":"Invest ","text":"Invest","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/120736718","repostId":"1184835150","repostType":4,"isVote":1,"tweetType":1,"viewCount":415,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":329976345,"gmtCreate":1615203564687,"gmtModify":1703485602137,"author":{"id":"3574149444273582","authorId":"3574149444273582","name":"jieke89","avatar":"https://static.tigerbbs.com/975f377c0493305efe04f937d20c3961","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574149444273582","idStr":"3574149444273582"},"themes":[],"htmlText":"Latest ","listText":"Latest ","text":"Latest","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/329976345","repostId":"1109561292","repostType":4,"repost":{"id":"1109561292","kind":"news","pubTimestamp":1615203010,"share":"https://www.laohu8.com/m/news/1109561292?lang=&edition=full","pubTime":"2021-03-08 19:30","market":"us","language":"en","title":"A Giant Pension Bought Apple, GE, and Intel Stock. Here’s What It Sold.","url":"https://stock-news.laohu8.com/highlight/detail?id=1109561292","media":"Barrons","summary":"One of the largest pensions in the world recently bought more shares of the maker of iPhones, and lo","content":"<p>One of the largest pensions in the world recently bought more shares of the maker of iPhones, and loaded up on large-cap stocks that lagged behind the market in 2020.</p>\n<p>Canadian Pension Plan Investment Board disclosed that it invested more in Apple(ticker: AAPL) stock, significantly lifted its stakes in General Electric (GE) and Intel (INTC), and trimmed holdings in Coca-Cola(KO). The CPPIB disclosed the stock trades, among others, ina form it filedwith the Securities and Exchange Commission.</p>\n<p>The CPPIB, which managed assets totaling $376 billion at Dec. 31, declined to comment on the moves.</p>\n<p>The pension bought 969,407 more Apple shares in the fourth quarter to end 2020 with 7.3 million shares.</p>\n<p>Apple stock surged 80.8% in 2020, but so far in 2021, it has slipped 8.5%. In comparison, theS&P 500 index,a measure of the broader market, rose 16.3% last year, and is up 2.3% so far in 2021.</p>\n<p>Buzz is buildingfor the upcoming iPhone, just a few months after the arrival of the iPhone 12 lineup, and related orders seem to be flowing from Apple through its supply chain. One analyst expects moreMacBook Pro laptopmodels this year. Most intriguing, though, are rumors that Apple isdeveloping a car.</p>\n<p>The CPPIB nearly quintupled its investment in GE stock by buying 6 million more shares of the conglomerate to end the fourth quarter with 7.6 million shares.</p>\n<p>GE stock slipped 3.2% in 2020, but it has wiped out that loss and more with a gain of 25.9% so far in 2021.</p>\n<p>Shares of GE got a lift near the end of January as its fourth-quarter results showed the company is generating plenty offree cash flow. One bullish analyst subsequently wrote that GE stockcould hit $15, while the stock closed Friday at $13.60. Arecovery in manufacturinghas benefited GE and its industrial peers.</p>\n<p>Intel stock slid 16.8% in 2020, but it has more than made up for that loss by surging 21.9% year to date.</p>\n<p>Intel announceda CEO changein January, and outgoing CEO Bob Swanbought stocknear the end of his tenure. Intel has been consideringoutsourcing chip production, but new CEO Pat Gelsinger has said the company will continue tomake the majority of its chips in house.</p>\n<p>The pension bought 2.67 million more Intel shares, swelling its holdings to 2.74 million shares of the chip giant at year-end 2020.</p>\n<p>CPPIB sold 473,458 Coca-Cola shares in the fourth quarter, trimming its holdings to 4.9 million shares of the beverage giant.</p>\n<p>Coca-Cola stock slipped 1% in 2020, and so far in 2021 it has slipped 7.4%.</p>\n<p>Coca-Cola stock is a top<i>Barron’s</i>pick for 2021. “With half of its sales coming from restaurants, stadiums, and other out-of-home locations, Coca-Cola was slammed by the pandemic,” we wrote. “Yet as the world normalizes in 2021, it stands to benefit.” The company reported upbeatfourth-quarter earningsin early February. Also last month, Randall Eley, manager of the portfolio manager of the Edgar Lomax Value fund (LOMAX), told us he wasupbeat on the shares.</p>","source":"lsy1601382232898","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>A Giant Pension Bought Apple, GE, and Intel Stock. Here’s What It Sold.</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\">\nA Giant Pension Bought Apple, GE, and Intel Stock. Here’s What It Sold.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-08 19:30 GMT+8 <a href=https://www.barrons.com/articles/pension-bought-apple-ge-intel-stock-sold-coca-cola-51614715921?mod=RTA><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>One of the largest pensions in the world recently bought more shares of the maker of iPhones, and loaded up on large-cap stocks that lagged behind the market in 2020.\nCanadian Pension Plan Investment ...</p>\n\n<a href=\"https://www.barrons.com/articles/pension-bought-apple-ge-intel-stock-sold-coca-cola-51614715921?mod=RTA\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","GE":"GE航空航天","INTC":"英特尔","KO":"可口可乐"},"source_url":"https://www.barrons.com/articles/pension-bought-apple-ge-intel-stock-sold-coca-cola-51614715921?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109561292","content_text":"One of the largest pensions in the world recently bought more shares of the maker of iPhones, and loaded up on large-cap stocks that lagged behind the market in 2020.\nCanadian Pension Plan Investment Board disclosed that it invested more in Apple(ticker: AAPL) stock, significantly lifted its stakes in General Electric (GE) and Intel (INTC), and trimmed holdings in Coca-Cola(KO). The CPPIB disclosed the stock trades, among others, ina form it filedwith the Securities and Exchange Commission.\nThe CPPIB, which managed assets totaling $376 billion at Dec. 31, declined to comment on the moves.\nThe pension bought 969,407 more Apple shares in the fourth quarter to end 2020 with 7.3 million shares.\nApple stock surged 80.8% in 2020, but so far in 2021, it has slipped 8.5%. In comparison, theS&P 500 index,a measure of the broader market, rose 16.3% last year, and is up 2.3% so far in 2021.\nBuzz is buildingfor the upcoming iPhone, just a few months after the arrival of the iPhone 12 lineup, and related orders seem to be flowing from Apple through its supply chain. One analyst expects moreMacBook Pro laptopmodels this year. Most intriguing, though, are rumors that Apple isdeveloping a car.\nThe CPPIB nearly quintupled its investment in GE stock by buying 6 million more shares of the conglomerate to end the fourth quarter with 7.6 million shares.\nGE stock slipped 3.2% in 2020, but it has wiped out that loss and more with a gain of 25.9% so far in 2021.\nShares of GE got a lift near the end of January as its fourth-quarter results showed the company is generating plenty offree cash flow. One bullish analyst subsequently wrote that GE stockcould hit $15, while the stock closed Friday at $13.60. Arecovery in manufacturinghas benefited GE and its industrial peers.\nIntel stock slid 16.8% in 2020, but it has more than made up for that loss by surging 21.9% year to date.\nIntel announceda CEO changein January, and outgoing CEO Bob Swanbought stocknear the end of his tenure. Intel has been consideringoutsourcing chip production, but new CEO Pat Gelsinger has said the company will continue tomake the majority of its chips in house.\nThe pension bought 2.67 million more Intel shares, swelling its holdings to 2.74 million shares of the chip giant at year-end 2020.\nCPPIB sold 473,458 Coca-Cola shares in the fourth quarter, trimming its holdings to 4.9 million shares of the beverage giant.\nCoca-Cola stock slipped 1% in 2020, and so far in 2021 it has slipped 7.4%.\nCoca-Cola stock is a topBarron’spick for 2021. “With half of its sales coming from restaurants, stadiums, and other out-of-home locations, Coca-Cola was slammed by the pandemic,” we wrote. “Yet as the world normalizes in 2021, it stands to benefit.” The company reported upbeatfourth-quarter earningsin early February. Also last month, Randall Eley, manager of the portfolio manager of the Edgar Lomax Value fund (LOMAX), told us he wasupbeat on the shares.","news_type":1},"isVote":1,"tweetType":1,"viewCount":467,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"followers","isTTM":false}