soosoo personal page - To The Moon

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2023-01-14

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Reminder: U.S. Market is Closed for Martin Luther King Day on Monday, Jan.16, 2023

2022-12-31

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US STOCKS-Wall St Ends 2022 With Biggest Annual Drop Since 2008

2023-01-25

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Microsoft Stock Turns Negative After Forecast Misses, CFO Warns About Deceleration

2022-10-17

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Value Stocks Have Outperformed Growth Stocks, And Now They’re Even Better Bets

2021-09-13

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Secret to Apple’s iPhone Sales Boom: Big 5G Deals From Wireless Carriers

2021-09-03

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2022-12-17

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2022-09-11

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How a CEO Rescued a Big Bet on Big Oil; "There Were a Lot of Doubters"

2022-08-21

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No, There Is No New Short-Selling Champion in Tesla Stock

2022-04-05

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Don't Let This 1 Decision Sour You on Sea Limited

Go to Tiger App to see more news

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作者：羅韜 圖片來源：圖蟲創意 作爲浙江省2022年GDP排名倒數第一的地級市麗水，房價卻一直居高不下，成爲中國房價第二高的小城市。 “十年前，麗水就很多人通過借貸方式參與到了炒房，部分樓盤甚至漲到2萬/平方米。”一位浙江地產人李菲（化名）向時代財經回憶。 中商產業研究院整理的數據顯示，2022年浙江麗水市GDP總量1830.9億，位於浙江省11個地級市中倒數第一。 雖然GDP總量僅爲杭州十分之一，但是這個城市的房屋平均單價卻超過2萬/平方米。 根據中國房價行情網和安居客數據，目前中國的450個小城市中，僅有6.7%的城市房屋均價超過1萬/平方米，其中麗水的房屋平均單價達20746元/平方米，在所有小城市中位列TOP2,僅次於海南省萬寧市。 一般而言，經濟越發達地區，GDP越高，房價也越高。而浙江麗水的房價與GDP並不完全匹配。 時代財經採訪多位地產人士獲悉，麗水房價與GDP的不匹配，來自供求不平衡、返鄉置業需求大等多方面原因。 “山多地少，供求關係的不平衡，給了房價支撐。”一位浙繫上市房企前總裁告訴時代財經。 這個位於浙江省西南部的城市，是浙江省內陸地面積最大的地級市。不過，麗水地勢以中山、丘陵爲主,平整的可開發房地產用地相對匱乏。 公開資料顯示，麗水市域面積1.73萬平方公里，境內海拔1000米以上的山峯有3573座。 較少的可開發用地，讓這個城市即便在2022年的樓市淡季，依舊吸引了衆多房企來搶地。 去年10月，麗水老城區一宗住宅用地拍賣，由於區域內供地較少、庫存較低，最終溢價8.6%成交，由本地房企龍都投資競得，成交樓板價爲10087元/平方米。 除了供求關係外，返鄉置業也是拉動麗水房價的引擎之一。 以麗水下轄的青田縣爲例，這裏是著名的僑鄉，至今有超過20萬的青田華僑，主要分佈在西歐。 “青田人最喜歡去意大利和西班牙，還有一些人會去法國和其他國","listText":"本文來源：時代財經 作者：羅韜 圖片來源：圖蟲創意 作爲浙江省2022年GDP排名倒數第一的地級市麗水，房價卻一直居高不下，成爲中國房價第二高的小城市。 “十年前，麗水就很多人通過借貸方式參與到了炒房，部分樓盤甚至漲到2萬/平方米。”一位浙江地產人李菲（化名）向時代財經回憶。 中商產業研究院整理的數據顯示，2022年浙江麗水市GDP總量1830.9億，位於浙江省11個地級市中倒數第一。 雖然GDP總量僅爲杭州十分之一，但是這個城市的房屋平均單價卻超過2萬/平方米。 根據中國房價行情網和安居客數據，目前中國的450個小城市中，僅有6.7%的城市房屋均價超過1萬/平方米，其中麗水的房屋平均單價達20746元/平方米，在所有小城市中位列TOP2,僅次於海南省萬寧市。 一般而言，經濟越發達地區，GDP越高，房價也越高。而浙江麗水的房價與GDP並不完全匹配。 時代財經採訪多位地產人士獲悉，麗水房價與GDP的不匹配，來自供求不平衡、返鄉置業需求大等多方面原因。 “山多地少，供求關係的不平衡，給了房價支撐。”一位浙繫上市房企前總裁告訴時代財經。 這個位於浙江省西南部的城市，是浙江省內陸地面積最大的地級市。不過，麗水地勢以中山、丘陵爲主,平整的可開發房地產用地相對匱乏。 公開資料顯示，麗水市域面積1.73萬平方公里，境內海拔1000米以上的山峯有3573座。 較少的可開發用地，讓這個城市即便在2022年的樓市淡季，依舊吸引了衆多房企來搶地。 去年10月，麗水老城區一宗住宅用地拍賣，由於區域內供地較少、庫存較低，最終溢價8.6%成交，由本地房企龍都投資競得，成交樓板價爲10087元/平方米。 除了供求關係外，返鄉置業也是拉動麗水房價的引擎之一。 以麗水下轄的青田縣爲例，這裏是著名的僑鄉，至今有超過20萬的青田華僑，主要分佈在西歐。 “青田人最喜歡去意大利和西班牙，還有一些人會去法國和其他國","text":"本文來源：時代財經 作者：羅韜 圖片來源：圖蟲創意 作爲浙江省2022年GDP排名倒數第一的地級市麗水，房價卻一直居高不下，成爲中國房價第二高的小城市。 “十年前，麗水就很多人通過借貸方式參與到了炒房，部分樓盤甚至漲到2萬/平方米。”一位浙江地產人李菲（化名）向時代財經回憶。 中商產業研究院整理的數據顯示，2022年浙江麗水市GDP總量1830.9億，位於浙江省11個地級市中倒數第一。 雖然GDP總量僅爲杭州十分之一，但是這個城市的房屋平均單價卻超過2萬/平方米。 根據中國房價行情網和安居客數據，目前中國的450個小城市中，僅有6.7%的城市房屋均價超過1萬/平方米，其中麗水的房屋平均單價達20746元/平方米，在所有小城市中位列TOP2,僅次於海南省萬寧市。 一般而言，經濟越發達地區，GDP越高，房價也越高。而浙江麗水的房價與GDP並不完全匹配。 時代財經採訪多位地產人士獲悉，麗水房價與GDP的不匹配，來自供求不平衡、返鄉置業需求大等多方面原因。 “山多地少，供求關係的不平衡，給了房價支撐。”一位浙繫上市房企前總裁告訴時代財經。 這個位於浙江省西南部的城市，是浙江省內陸地面積最大的地級市。不過，麗水地勢以中山、丘陵爲主,平整的可開發房地產用地相對匱乏。 公開資料顯示，麗水市域面積1.73萬平方公里，境內海拔1000米以上的山峯有3573座。 較少的可開發用地，讓這個城市即便在2022年的樓市淡季，依舊吸引了衆多房企來搶地。 去年10月，麗水老城區一宗住宅用地拍賣，由於區域內供地較少、庫存較低，最終溢價8.6%成交，由本地房企龍都投資競得，成交樓板價爲10087元/平方米。 除了供求關係外，返鄉置業也是拉動麗水房價的引擎之一。 以麗水下轄的青田縣爲例，這裏是著名的僑鄉，至今有超過20萬的青田華僑，主要分佈在西歐。 “青田人最喜歡去意大利和西班牙，還有一些人會去法國和其他國","images":[],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/627905434","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":3194,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9957658569,"gmtCreate":1677233378751,"gmtModify":1677233382517,"author":{"id":"4089777453696550","authorId":"4089777453696550","name":"soosoo","avatar":"https://static.tigerbbs.com/a7a8e4a0c1e8d4b7bf1e9db91cfaffc8","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089777453696550","idStr":"4089777453696550"},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9957658569","repostId":"624860757","repostType":1,"repost":{"id":624860757,"gmtCreate":1677232047880,"gmtModify":1677232124640,"author":{"id":"4108082274060810","authorId":"4108082274060810","name":"岩松课堂","avatar":"https://static.tigerbbs.com/3218e3d43232d0e241488e69f1771240","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4108082274060810","idStr":"4108082274060810"},"themes":[],"title":"這個板塊大漲，關注兩條主線","htmlText":"歡迎來到巖鬆課堂，我是劉巖鬆！今天A股又是一個全面下跌，近3100只個股下跌。俗話說“一鼓作氣，再而衰，三而竭”，今天的下跌就宣告第三次上衝3300點失敗。而且今天的成交僅7258億，比昨天縮小了800億。成交量相當於市場的溫度計，反映的是市場溫度在不斷下降，短期內要恢復可就不容易了。不過也不用擔心啊，我們換一個角度思考，在中長期復甦的大背景下，短期的下跌不就恰恰爲價值投資者們提供了更好的機會嗎。板塊上，今天上漲板塊集中在算力、軍工產業鏈相關板塊；而其他大部分板塊都在調整，包括券商、汽車、食品飲料、有色、地產、銀行等板塊都在走弱。昨天大漲的毫米波雷達概念今天也在回落，板塊的持續性不好，等你看到了再去追就非常容易被套裏面，風險非常大。相反，提前尋找低位的潛力板塊做好潛伏效果會更好。新算力時代今天算力是表現比較好的板塊，細分的共封裝光學概念大漲了3%，東數西算概念上漲了1.88%。劍橋科技、證通電子、拓維信息等漲停，中科曙光、美利雲盤中觸及漲停。消息面上，2月24日上午，東數西算一體化算力服務平臺在寧夏銀川發佈，正式上線運營。而在昨天，另一個全國一體化算力網絡之一的甘肅樞紐節點慶陽數據中心集羣已經啓動建設，作爲東數西算八大國家算力樞紐節點之一，將安裝60萬臺標準機櫃。除了政策刺激外，算力板塊的上漲還是和ChatGPT有關。說到底ChatGPT並非技術的顛覆式創新，它本質上只是支撐這套人工智能技術訓練語言模型的底層技術正變得越來越成熟。我們知道，人工智能三大要素主要包括：數據、算法以及算力。數據是AI算法的“飼料”，只有經過大量的訓練，覆蓋儘可能多的各種場景才能得到一個良好的模型。算法是AI的背後“推手”，算力是基礎設施。2018年推出的最初的g p t模型只有一點一七億個參數，現在最新版本的g p t模型有一千七百五十億個參數，短短几年時間，參數規模幾乎大了一千五百倍。簡單來說","listText":"歡迎來到巖鬆課堂，我是劉巖鬆！今天A股又是一個全面下跌，近3100只個股下跌。俗話說“一鼓作氣，再而衰，三而竭”，今天的下跌就宣告第三次上衝3300點失敗。而且今天的成交僅7258億，比昨天縮小了800億。成交量相當於市場的溫度計，反映的是市場溫度在不斷下降，短期內要恢復可就不容易了。不過也不用擔心啊，我們換一個角度思考，在中長期復甦的大背景下，短期的下跌不就恰恰爲價值投資者們提供了更好的機會嗎。板塊上，今天上漲板塊集中在算力、軍工產業鏈相關板塊；而其他大部分板塊都在調整，包括券商、汽車、食品飲料、有色、地產、銀行等板塊都在走弱。昨天大漲的毫米波雷達概念今天也在回落，板塊的持續性不好，等你看到了再去追就非常容易被套裏面，風險非常大。相反，提前尋找低位的潛力板塊做好潛伏效果會更好。新算力時代今天算力是表現比較好的板塊，細分的共封裝光學概念大漲了3%，東數西算概念上漲了1.88%。劍橋科技、證通電子、拓維信息等漲停，中科曙光、美利雲盤中觸及漲停。消息面上，2月24日上午，東數西算一體化算力服務平臺在寧夏銀川發佈，正式上線運營。而在昨天，另一個全國一體化算力網絡之一的甘肅樞紐節點慶陽數據中心集羣已經啓動建設，作爲東數西算八大國家算力樞紐節點之一，將安裝60萬臺標準機櫃。除了政策刺激外，算力板塊的上漲還是和ChatGPT有關。說到底ChatGPT並非技術的顛覆式創新，它本質上只是支撐這套人工智能技術訓練語言模型的底層技術正變得越來越成熟。我們知道，人工智能三大要素主要包括：數據、算法以及算力。數據是AI算法的“飼料”，只有經過大量的訓練，覆蓋儘可能多的各種場景才能得到一個良好的模型。算法是AI的背後“推手”，算力是基礎設施。2018年推出的最初的g p t模型只有一點一七億個參數，現在最新版本的g p t模型有一千七百五十億個參數，短短几年時間，參數規模幾乎大了一千五百倍。簡單來說","text":"歡迎來到巖鬆課堂，我是劉巖鬆！今天A股又是一個全面下跌，近3100只個股下跌。俗話說“一鼓作氣，再而衰，三而竭”，今天的下跌就宣告第三次上衝3300點失敗。而且今天的成交僅7258億，比昨天縮小了800億。成交量相當於市場的溫度計，反映的是市場溫度在不斷下降，短期內要恢復可就不容易了。不過也不用擔心啊，我們換一個角度思考，在中長期復甦的大背景下，短期的下跌不就恰恰爲價值投資者們提供了更好的機會嗎。板塊上，今天上漲板塊集中在算力、軍工產業鏈相關板塊；而其他大部分板塊都在調整，包括券商、汽車、食品飲料、有色、地產、銀行等板塊都在走弱。昨天大漲的毫米波雷達概念今天也在回落，板塊的持續性不好，等你看到了再去追就非常容易被套裏面，風險非常大。相反，提前尋找低位的潛力板塊做好潛伏效果會更好。新算力時代今天算力是表現比較好的板塊，細分的共封裝光學概念大漲了3%，東數西算概念上漲了1.88%。劍橋科技、證通電子、拓維信息等漲停，中科曙光、美利雲盤中觸及漲停。消息面上，2月24日上午，東數西算一體化算力服務平臺在寧夏銀川發佈，正式上線運營。而在昨天，另一個全國一體化算力網絡之一的甘肅樞紐節點慶陽數據中心集羣已經啓動建設，作爲東數西算八大國家算力樞紐節點之一，將安裝60萬臺標準機櫃。除了政策刺激外，算力板塊的上漲還是和ChatGPT有關。說到底ChatGPT並非技術的顛覆式創新，它本質上只是支撐這套人工智能技術訓練語言模型的底層技術正變得越來越成熟。我們知道，人工智能三大要素主要包括：數據、算法以及算力。數據是AI算法的“飼料”，只有經過大量的訓練，覆蓋儘可能多的各種場景才能得到一個良好的模型。算法是AI的背後“推手”，算力是基礎設施。2018年推出的最初的g p t模型只有一點一七億個參數，現在最新版本的g p t模型有一千七百五十億個參數，短短几年時間，參數規模幾乎大了一千五百倍。簡單來說","images":[{"img":"https://static.tigerbbs.com/ac12da5665a058f7adcf6cc22f20113e","width":"940","height":"400"}],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/624860757","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":2,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":1616,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9957658264,"gmtCreate":1677233335158,"gmtModify":1677233337741,"author":{"id":"4089777453696550","authorId":"4089777453696550","name":"soosoo","avatar":"https://static.tigerbbs.com/a7a8e4a0c1e8d4b7bf1e9db91cfaffc8","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089777453696550","idStr":"4089777453696550"},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9957658264","repostId":"624863024","repostType":1,"repost":{"id":624863024,"gmtCreate":1677232285070,"gmtModify":1677232584716,"author":{"id":"3436869066316268","authorId":"3436869066316268","name":"张菲特","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3436869066316268","idStr":"3436869066316268"},"themes":[],"title":"一個操盤手的成長曆程（2024-2-24）","htmlText":"一、【今日盈虧】今天大盤3267，-20虧-4927-13023-60=-18010今天我還是小韭菜，求紅包安慰2023年元旦（期初）575萬追加（入金）：100萬分紅（出金）：-10萬今天收盤：3214996+2690618+1006062=6911676（691萬）2023年操盤：+26萬（盈利）二、【盤中操作】（1）實時分享：Windy賬戶在350元，買入100股“騰訊控股”（2）實時分享：Windy賬戶在348.6元，再買100股“騰訊控股”（3）實時分享：Windy賬戶在12元，買入2000股“小米集團”15:59分，最後一分鐘，趕上末班車====================免責聲明：本信息僅做羣內交流，不做薦股用途，跟隨操作風險自擔，盈虧自負，與本人無關本人不薦股，不診股，不分紅，選股靠蒙，請勿跟隨，盈虧自負三、【今日排名】今天綠油油，一片大草原我是楊六郎，靜靜仍墊底空倉的開心奪冠好幾天了奪冠的靜靜也墊底好幾天四、【今日總結】1.今天在平臺裏面繼續主動點評，一下子結識了不少股友，收穫滿滿；同時招蜂引蝶，無數家在雲南人在香港的美女主動加我，照片一個比一個漂亮，殺豬盤，好怕怕；2.鼻子氣歪了，今天帶着700萬資金和8年收益率138%的業績和策略，找20多年的好兄弟俊哥探討合作“陽光私募基金”的可能性，結果被鄙視了。秀才做事，十年不成。","listText":"一、【今日盈虧】今天大盤3267，-20虧-4927-13023-60=-18010今天我還是小韭菜，求紅包安慰2023年元旦（期初）575萬追加（入金）：100萬分紅（出金）：-10萬今天收盤：3214996+2690618+1006062=6911676（691萬）2023年操盤：+26萬（盈利）二、【盤中操作】（1）實時分享：Windy賬戶在350元，買入100股“騰訊控股”（2）實時分享：Windy賬戶在348.6元，再買100股“騰訊控股”（3）實時分享：Windy賬戶在12元，買入2000股“小米集團”15:59分，最後一分鐘，趕上末班車====================免責聲明：本信息僅做羣內交流，不做薦股用途，跟隨操作風險自擔，盈虧自負，與本人無關本人不薦股，不診股，不分紅，選股靠蒙，請勿跟隨，盈虧自負三、【今日排名】今天綠油油，一片大草原我是楊六郎，靜靜仍墊底空倉的開心奪冠好幾天了奪冠的靜靜也墊底好幾天四、【今日總結】1.今天在平臺裏面繼續主動點評，一下子結識了不少股友，收穫滿滿；同時招蜂引蝶，無數家在雲南人在香港的美女主動加我，照片一個比一個漂亮，殺豬盤，好怕怕；2.鼻子氣歪了，今天帶着700萬資金和8年收益率138%的業績和策略，找20多年的好兄弟俊哥探討合作“陽光私募基金”的可能性，結果被鄙視了。秀才做事，十年不成。","text":"一、【今日盈虧】今天大盤3267，-20虧-4927-13023-60=-18010今天我還是小韭菜，求紅包安慰2023年元旦（期初）575萬追加（入金）：100萬分紅（出金）：-10萬今天收盤：3214996+2690618+1006062=6911676（691萬）2023年操盤：+26萬（盈利）二、【盤中操作】（1）實時分享：Windy賬戶在350元，買入100股“騰訊控股”（2）實時分享：Windy賬戶在348.6元，再買100股“騰訊控股”（3）實時分享：Windy賬戶在12元，買入2000股“小米集團”15:59分，最後一分鐘，趕上末班車====================免責聲明：本信息僅做羣內交流，不做薦股用途，跟隨操作風險自擔，盈虧自負，與本人無關本人不薦股，不診股，不分紅，選股靠蒙，請勿跟隨，盈虧自負三、【今日排名】今天綠油油，一片大草原我是楊六郎，靜靜仍墊底空倉的開心奪冠好幾天了奪冠的靜靜也墊底好幾天四、【今日總結】1.今天在平臺裏面繼續主動點評，一下子結識了不少股友，收穫滿滿；同時招蜂引蝶，無數家在雲南人在香港的美女主動加我，照片一個比一個漂亮，殺豬盤，好怕怕；2.鼻子氣歪了，今天帶着700萬資金和8年收益率138%的業績和策略，找20多年的好兄弟俊哥探討合作“陽光私募基金”的可能性，結果被鄙視了。秀才做事，十年不成。","images":[{"img":"https://static.tigerbbs.com/82d48a6695708a31fa6b3d52a47bdf55","width":"1080","height":"2400"},{"img":"https://static.tigerbbs.com/b6ecaf9ebeec1ca079184539178a8dd9","width":"1080","height":"2400"},{"img":"https://static.tigerbbs.com/76cebfe01e9a552d49c8b6670692cfad","width":"1080","height":"2400"}],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/624863024","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":6,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":1186,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9955674525,"gmtCreate":1675421928967,"gmtModify":1676539001688,"author":{"id":"4089777453696550","authorId":"4089777453696550","name":"soosoo","avatar":"https://static.tigerbbs.com/a7a8e4a0c1e8d4b7bf1e9db91cfaffc8","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089777453696550","idStr":"4089777453696550"},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9955674525","repostId":"622691656","repostType":1,"repost":{"id":622691656,"gmtCreate":1675416900000,"gmtModify":1676539001584,"author":{"id":"9000000000000081","authorId":"9000000000000081","name":"FT中文网","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":0,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"9000000000000081","idStr":"9000000000000081"},"themes":[],"title":"新冠會影響2024年的新生兒數量嗎？","htmlText":"2020年到2022年這三年中，生育意願受到了不少影響，但相比2023年面臨的風險，可能就不算什麼了。文丨FT中文網專欄作家 劉遠舉近日，國家衛生健康委醫療應急司司長郭燕紅表示，各省已經度過了三個高峯，即發熱門診高峯、急診高峯和重症患者高峯都已經度過。全國發熱門診就診人數在2022年12月23日達到峯值，之後持續下降，到1月17日較峯值下降了94%，已經回落到12月7日前的水平。全國急診就診人數在2023年1月2日達到峯值，之後持續下降，1月17日較峯值下降了44%。全國在院的陽性重症患者人數是在1月5日達到峯值，之後持續下降，1月17日較峯值數量下降了44.3%。隨着新冠感染疫情的結束，醫院不再擁擠，大多數人都感染過了，羣體免疫已經形成，新的醫療需求就會出現，比如說備孕、懷孕、生孩子。那麼，新冠會影響人們的生育行爲嗎？很多經濟學家都曾預期，新冠會導致美國出生人口跳水30萬-50萬人。2022年5月底，美國CDC下屬全國衛生統計中心（NCHS）週二給出了新冠疫情對人口出生最新的影響的數據，結果出人意料。2021年美國總共出生了365.92萬個新生兒，較2020年同比上升1%。雖然漲幅僅一個點，對應幾萬人，但這是自2014年以來首次出現新生兒人數反彈。考慮到備孕長短不同，往前推10個月到一年多，這意味着很多美國人在2020年第一輪疫情剛結束，整個國家還處於極度不確定性，甚至瀰漫着慘淡氛圍時，就準備要孩子了。2020年的美國總體生育率只有1.64，仍然是20世紀三十年代開始統計這項數據的歷史新低，所以2021年輕微反彈到1.66，是一個短期現象，是人們對疫情的反應。美國人並不太看重新冠對胎兒的影響，這種行爲可以說是合理的。瑞士一個研究團隊，在頂級雜誌《美國醫學雜誌》上發表病例報告，一個28歲的孕婦懷孕五個月後，感染新冠病毒，出現了妊娠的終止、流產，生下來死亡的胎兒。醫生對這個胎","listText":"2020年到2022年這三年中，生育意願受到了不少影響，但相比2023年面臨的風險，可能就不算什麼了。文丨FT中文網專欄作家 劉遠舉近日，國家衛生健康委醫療應急司司長郭燕紅表示，各省已經度過了三個高峯，即發熱門診高峯、急診高峯和重症患者高峯都已經度過。全國發熱門診就診人數在2022年12月23日達到峯值，之後持續下降，到1月17日較峯值下降了94%，已經回落到12月7日前的水平。全國急診就診人數在2023年1月2日達到峯值，之後持續下降，1月17日較峯值下降了44%。全國在院的陽性重症患者人數是在1月5日達到峯值，之後持續下降，1月17日較峯值數量下降了44.3%。隨着新冠感染疫情的結束，醫院不再擁擠，大多數人都感染過了，羣體免疫已經形成，新的醫療需求就會出現，比如說備孕、懷孕、生孩子。那麼，新冠會影響人們的生育行爲嗎？很多經濟學家都曾預期，新冠會導致美國出生人口跳水30萬-50萬人。2022年5月底，美國CDC下屬全國衛生統計中心（NCHS）週二給出了新冠疫情對人口出生最新的影響的數據，結果出人意料。2021年美國總共出生了365.92萬個新生兒，較2020年同比上升1%。雖然漲幅僅一個點，對應幾萬人，但這是自2014年以來首次出現新生兒人數反彈。考慮到備孕長短不同，往前推10個月到一年多，這意味着很多美國人在2020年第一輪疫情剛結束，整個國家還處於極度不確定性，甚至瀰漫着慘淡氛圍時，就準備要孩子了。2020年的美國總體生育率只有1.64，仍然是20世紀三十年代開始統計這項數據的歷史新低，所以2021年輕微反彈到1.66，是一個短期現象，是人們對疫情的反應。美國人並不太看重新冠對胎兒的影響，這種行爲可以說是合理的。瑞士一個研究團隊，在頂級雜誌《美國醫學雜誌》上發表病例報告，一個28歲的孕婦懷孕五個月後，感染新冠病毒，出現了妊娠的終止、流產，生下來死亡的胎兒。醫生對這個胎","text":"2020年到2022年這三年中，生育意願受到了不少影響，但相比2023年面臨的風險，可能就不算什麼了。文丨FT中文網專欄作家 劉遠舉近日，國家衛生健康委醫療應急司司長郭燕紅表示，各省已經度過了三個高峯，即發熱門診高峯、急診高峯和重症患者高峯都已經度過。全國發熱門診就診人數在2022年12月23日達到峯值，之後持續下降，到1月17日較峯值下降了94%，已經回落到12月7日前的水平。全國急診就診人數在2023年1月2日達到峯值，之後持續下降，1月17日較峯值下降了44%。全國在院的陽性重症患者人數是在1月5日達到峯值，之後持續下降，1月17日較峯值數量下降了44.3%。隨着新冠感染疫情的結束，醫院不再擁擠，大多數人都感染過了，羣體免疫已經形成，新的醫療需求就會出現，比如說備孕、懷孕、生孩子。那麼，新冠會影響人們的生育行爲嗎？很多經濟學家都曾預期，新冠會導致美國出生人口跳水30萬-50萬人。2022年5月底，美國CDC下屬全國衛生統計中心（NCHS）週二給出了新冠疫情對人口出生最新的影響的數據，結果出人意料。2021年美國總共出生了365.92萬個新生兒，較2020年同比上升1%。雖然漲幅僅一個點，對應幾萬人，但這是自2014年以來首次出現新生兒人數反彈。考慮到備孕長短不同，往前推10個月到一年多，這意味着很多美國人在2020年第一輪疫情剛結束，整個國家還處於極度不確定性，甚至瀰漫着慘淡氛圍時，就準備要孩子了。2020年的美國總體生育率只有1.64，仍然是20世紀三十年代開始統計這項數據的歷史新低，所以2021年輕微反彈到1.66，是一個短期現象，是人們對疫情的反應。美國人並不太看重新冠對胎兒的影響，這種行爲可以說是合理的。瑞士一個研究團隊，在頂級雜誌《美國醫學雜誌》上發表病例報告，一個28歲的孕婦懷孕五個月後，感染新冠病毒，出現了妊娠的終止、流產，生下來死亡的胎兒。醫生對這個胎","images":[{"img":"https://static.tigerbbs.com/b489828346714bebb9149b55935d1b88","width":"0","height":"0"}],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/622691656","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":1270,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9955099105,"gmtCreate":1675054245307,"gmtModify":1676538972375,"author":{"id":"4089777453696550","authorId":"4089777453696550","name":"soosoo","avatar":"https://static.tigerbbs.com/a7a8e4a0c1e8d4b7bf1e9db91cfaffc8","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089777453696550","idStr":"4089777453696550"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9955099105","repostId":"1113358282","repostType":4,"isVote":1,"tweetType":1,"viewCount":1461,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9952460895,"gmtCreate":1674885946017,"gmtModify":1676538964925,"author":{"id":"4089777453696550","authorId":"4089777453696550","name":"soosoo","avatar":"https://static.tigerbbs.com/a7a8e4a0c1e8d4b7bf1e9db91cfaffc8","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089777453696550","idStr":"4089777453696550"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9952460895","repostId":"2306238801","repostType":2,"isVote":1,"tweetType":1,"viewCount":1563,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9952588519,"gmtCreate":1674815556231,"gmtModify":1676538960507,"author":{"id":"4089777453696550","authorId":"4089777453696550","name":"soosoo","avatar":"https://static.tigerbbs.com/a7a8e4a0c1e8d4b7bf1e9db91cfaffc8","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089777453696550","idStr":"4089777453696550"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9952588519","repostId":"2306138469","repostType":4,"repost":{"id":"2306138469","kind":"highlight","pubTimestamp":1674833382,"share":"https://ttm.financial/m/news/2306138469?lang=en_US&edition=fundamental","pubTime":"2023-01-27 23:29","market":"us","language":"en","title":"The Nasdaq Could Soar in 2023 -- 5 Stocks Down 57% to 91% to Buy Before It Does","url":"https://stock-news.laohu8.com/highlight/detail?id=2306138469","media":"Motley Fool","summary":"The Nasdaq Composite index has a habit of bouncing back strongly after a losing year.","content":"<div>\n<p>Investors holding a portfolio with lots of technology stocks in it are probably still feeling battered and bruised after a rough 2022. The Nasdaq Composite index, which has a bigger than average share...</p>\n\n<a href=\"https://www.fool.com/investing/2023/01/26/nasdaq-soar-2023-stocks-down-to-buy/\">Source Link</a>\n\n</div>\n","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Nasdaq Could Soar in 2023 -- 5 Stocks Down 57% to 91% to Buy Before It Does</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{ 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.h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Nasdaq Could Soar in 2023 -- 5 Stocks Down 57% to 91% to Buy Before It Does\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-27 23:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/01/26/nasdaq-soar-2023-stocks-down-to-buy/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors holding a portfolio with lots of technology stocks in it are probably still feeling battered and bruised after a rough 2022. The Nasdaq Composite index, which has a bigger than average share...</p>\n\n<a href=\"https://www.fool.com/investing/2023/01/26/nasdaq-soar-2023-stocks-down-to-buy/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPLK":"Splunk Inc","DOCN":"DigitalOcean Holdings, Inc.","DOCU":"Docusign","LMND":"Lemonade, Inc.","AI":"C3.ai, Inc."},"source_url":"https://www.fool.com/investing/2023/01/26/nasdaq-soar-2023-stocks-down-to-buy/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2306138469","content_text":"Investors holding a portfolio with lots of technology stocks in it are probably still feeling battered and bruised after a rough 2022. The Nasdaq Composite index, which has a bigger than average share of tech stocks in it, plunged 33% for the year as inflation and interest rates climbed. It was the worst annual performance since 2008.A look back at the Nasdaq Composite's 51-year history shows that back-to-back losing years are incredibly rare. There have only been two instances since 1971. That suggests 2023 has a very good chance of ending with positive returns. It's also encouraging to note that the index has soared by 33% on average in the first positive year after a loss.The broader tech sell-off was brutal for the following five stocks, but if history repeats for the Nasdaq, these five tech stocks could have a great 2023 too.1. Splunk: Down 57% from its all-time highIt's becoming clear that artificial intelligence (AI) and machine learning are going to play a big part in the future of business, and that's why Splunk makes this list. The company is a machine learning specialist with a host of high-profile customers, from Domino's Pizza to the McLaren Formula 1 racing team.Splunk's platform, which is now being supercharged by the cloud, is designed to ingest mountains of data in real-time to deliver actionable insights for its customers. These insights can alert businesses to technical issues, or even ways to improve sales through digital channels. In essence, Splunk turns noisy data into true value, and that's something all companies need in the digital age.Splunk is used by 90 of the Fortune 100 companies, and it has 764 customers spending $1 million per year. Its annual recurring revenue is set to top $3.6 billion by the end of fiscal 2023 (ending Jan. 31), but the company values its addressable opportunity at $100 billion, so it still has a long runway for growth.2. DigitalOcean: Down 77% from its all-time highCloud computing technology touches almost every aspect of the corporate world. Day-to-day operations are rapidly shifting online, and the cloud enables companies to do more with less -- especially smaller enterprises. DigitalOcean is a provider of cloud services with a focus on start-ups and established businesses with under 500 employees, and it's competing with giants like Amazon Web Services and Microsoft Azure.DigitalOcean offers solutions for data storage, web hosting, software development, and even video streaming. Its strategy is to beat its gigantic competitors on price, usability, and especially on service. Support is critical for small enterprises because they typically don't have dedicated technical teams. The leading cloud providers often overlook those needs because they make most of their money from large organizations.DigitalOcean serves 142,100 customers who are spending a minimum of $50 per month, and it's seeing consistent growth in retention and average revenue per user. It valued its addressable market at $72 billion in 2022, but it's expected to double to $145 billion by 2025, and given the company's annual recurring revenue is currently $641 million, it's still in the early innings of that opportunity.3. DocuSign: Down 81% from its all-time highDocuSign was a pandemic darling. As much of the world went into lockdown, digital technology reigned supreme, and DocuSign's electronic signature software kept the business world moving. The company expanded into new verticals, including contract lifecycle management through its Agreement Cloud, and while its stock is down significantly from its all-time high, it might be gearing up for a comeback.The Agreement Cloud includes a portfolio of applications that can help businesses prepare, negotiate, and manage contracts entirely digitally. It even uses a splash of artificial intelligence through its Insight platform, which is designed to scan agreements for problematic clauses and potential opportunities. DocuSign says its tools are deployed in 13 different industries, and it currently serves over 1 billion users worldwide with 1.32 million paying customers.DocuSign is expecting to generate $2.49 billion in revenue for fiscal 2023 (ended Jan. 31), which would represent modest growth of 18.9% compared to fiscal 2022 as pandemic tailwinds continue to cool off. But the business world is trending in DocuSign's direction over the long term, and with its opportunity valued at $50 billion, it has only penetrated a fraction of the market.4. Lemonade: Down 90% from its all-time highNobody really likes dealing with their insurance company, especially when it comes to making a claim. The process can be frustrating and lengthy, but that's part of the customer experience Lemonade is trying to improve. It uses AI to write quotes in under 90 seconds and pay claims in three minutes without human intervention across its five insurance products: renters, homeowners, pet, life, and car.Lemonade also uses AI in other parts of its business. Its latest Lifetime Value 6 (LTV6) model is used to predict customer behavior to price premiums, and it can also identify underperforming geographic markets (and products) to allow the company to pivot quickly and generate more revenue.The company is growing rapidly. In the third quarter of 2022 (ended Sept. 30), Lemonade's in-force premium soared 76% year over year to $609 million, and its revenue more than doubled. It now serves over 1.77 million customers who are spending record amounts of money on Lemonade's products, but the best might be yet to come because insurance is a trillion-dollar opportunity in the U.S. alone.5. C3.ai: Down 91% from its all-time highBy this point, it's possible you've noticed most of the companies in this piece use AI in some way. C3.ai might be the biggest opportunity of the bunch, as it aims to dominate enterprise AI, which is an industry it helped create.C3.ai sells ready-made and customizable AI applications to 236 customers. These applications help companies access the benefits of AI even if they don't have the internal resources to build their own models from scratch. The spread of industries seeking this technology is diverse and includes oil and gas, financial services, manufacturing, and defense, to name a few.But C3.ai also forged partnerships with the cloud divisions of tech giants like Amazon, Microsoft, and Google parent Alphabet. Those providers use C3.ai's applications to deliver better AI solutions to their own customers, and as such, the partnerships involve joint-selling ventures.C3.ai is a $1.6 billion company chasing an opportunity it estimates will be worth $596 billion by 2025. It's currently undergoing a drastic change to its revenue model, which could set it up for a future of supercharged growth. In any case, after a 91% decline in its stock price from its all-time high, it's trading near a rock-bottom valuation which might spell opportunity for investors.","news_type":1,"symbols_score_info":{"DOCU":0.9,"LMND":0.9,"DOCN":0.9,"SPLK":0.9,"AI":1}},"isVote":1,"tweetType":1,"viewCount":1386,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9952861192,"gmtCreate":1674615475916,"gmtModify":1676538949158,"author":{"id":"4089777453696550","authorId":"4089777453696550","name":"soosoo","avatar":"https://static.tigerbbs.com/a7a8e4a0c1e8d4b7bf1e9db91cfaffc8","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089777453696550","idStr":"4089777453696550"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":12,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9952861192","repostId":"2306495123","repostType":4,"repost":{"id":"2306495123","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1674603819,"share":"https://ttm.financial/m/news/2306495123?lang=en_US&edition=fundamental","pubTime":"2023-01-25 07:43","market":"us","language":"en","title":"Microsoft Stock Turns Negative After Forecast Misses, CFO Warns About Deceleration","url":"https://stock-news.laohu8.com/highlight/detail?id=2306495123","media":"Dow Jones","summary":"Microsoft suggests sales in the current quarter will come in at least $1 billion lower than Wall Str","content":"<html><head></head><body><p>Microsoft suggests sales in the current quarter will come in at least $1 billion lower than Wall Street expected as December slowdown is projected to continue into new year, gains of 4% and disappear in after-hours trading</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0824503f0217521fd863e450d46b66b5\" tg-width=\"700\" tg-height=\"473\" referrerpolicy=\"no-referrer\"/><span>Microsoft Corp. reported fiscal second-quarter earnings Tuesday. AFP/GETTY IMAGES</span></p><p>Microsoft Corp.’s profit declined more than 12% in the holiday season, and executives said Tuesday that a revenue deceleration in December is expected to continue into the new year as the company lays off workers.</p><p>Microsoft reported fiscal second-quarter earnings of $16.43 billion, or $2.20 a share, a decline from $2.48 a share a year ago. The company also reported that severance, impairment and lease-consolidation costs cost it 12 cents a share, which would lead to adjusted earnings of $2.32 a share; Microsoft executives did not provide adjusted earnings a year ago, and typically stick to GAAP profit readings.</p><p>Revenue increased to $52.75 billion from $51.7 billion in the holiday quarter of 2022. Analysts on average expected earnings of $2.29 a share on sales of $52.99 billion, according to FactSet.</p><p>For the current quarter, Microsoft executives expect revenue of $50.5 billion to $51.5 billion, according to guidance provided by Chief Financial Officer Amy Hood in a conference call Tuesday afternoon. Analysts on average were expecting fiscal third-quarter revenue of $52.42 billion, according to FactSet.</p><p>Hood said that Microsoft observed a slowdown in customer spending in December, and expects that to continue. Azure grew by 38% in constant currency, topping expectations, but Hood said that they exited December in the “mid-30s” after the deceleration, and executives expect that percentage to fall four or five points in the current quarter. Analysts were projecting Azure growth of 27.8% for the quarter, or 33.7% in constant currency, according to FactSet.</p><p>Microsoft shares gained more than 4% in after-hours trading immediately following the release of the results, but they began to drop after the forecast and December deceleration news were shared. The stock was down 1% as of 8:00 p.m. Eastern.</p><p><img src=\"https://static.tigerbbs.com/971139206e2a87539d9529660f5eb038\" tg-width=\"826\" tg-height=\"619\" width=\"100%\" height=\"auto\"/></p><p>Microsoft’s forecast takes on extra importance this quarter, as analysts believe that businesses slowed down deals at the end of 2022 to cut costs and for other reasons, and Wall Street will want to know if Microsoft expects any deals that didn’t close before the end of the year will be included in the current quarter’s results. Microsoft executives told investors at the end of the last fiscal year that they expect double-digit percentage growth in revenue and operating margins, but a lot has happened since then.</p><p>Microsoft announced thousands of layoffs last week, part of a wave of job cuts from Big Tech companies that increased their workforces at a rapid pace in the early years of the COVID-19 pandemic. Wall Street analysts believed the move signaled concerns about revenue growth.</p><p>“We expect that the head-count reduction announcement … will likely be accompanied by a lower revenue outlook for the second half of the FY, but the actions taken by the company are an illustration of how Microsoft can dynamically adjust its cost base to preserve EPS and free cash flow given the macro choppiness,” Evercore ISI analysts wrote in a preview of the earnings, while maintaining an outperform rating and $280 target price on the stock.</p><p>Microsoft executives hope to provide a rosier outlook with other deals. The day before its earnings report, the company officially announced a long-expected third investment in ChatGPT creator OpenAI, which includes plans to incorporate the technology into services such as Microsoft’s Azure cloud-computing offering and Bing search engine. Microsoft is also still in the process of acquiring videogame-publishing giant Activision Blizzard Inc. for $69 billion, though it is facing pushback from regulators worldwide.</p><p>“We are particularly keen for updates on this deal, and would pay special attention to what sorts of concessions Microsoft is prepared to make at this point, and at what point the concessions make the deal unattractive to shareholders,” Macquarie Research analysts wrote of the Activision acquisition, while maintaining a neutral rating but decreasing their price target to $232 from $234.</p><p>Microsoft reported cloud revenue of $21.5 billion, up from $18.33 billion a year ago and narrowly topping the average analyst estimate of $21.43 billion, according to FactSet. Azure grew 31%, while analysts on average were expecting 30.5% growth from the cloud-computing product; Microsoft does not provide full revenue or profit figures for Azure, even though Amazon.com Inc. and Alphabet Inc. provide such results for their rival cloud products.</p><p>Microsoft’s personal-computer segment recorded $14.2 billion in revenue, down from $17.47 billion in the previous holiday season and missing the average analyst estimate of $14.76 billion. PC shipments suffered their worst decline ever recorded in the holiday season, according to third-party analyses, after a boom in PC sales during 2020 and 2021.</p><p>Microsoft’s enterprise-software business had sales of $17 billion, up from $15.94 billion a year ago and beating the FactSet analyst consensus of $16.79 billion.</p><p>Microsoft shares have declined 18.4% in the past 12 months, as the S&amp;P 500 index has dropped 8.9% and the Dow Jones Industrial Average — which counts Microsoft as one of its 30 components — has declined 2.1%.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Microsoft Stock Turns Negative After Forecast Misses, CFO Warns About Deceleration</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\">\nMicrosoft Stock Turns Negative After Forecast Misses, CFO Warns About Deceleration\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2023-01-25 07:43</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Microsoft suggests sales in the current quarter will come in at least $1 billion lower than Wall Street expected as December slowdown is projected to continue into new year, gains of 4% and disappear in after-hours trading</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0824503f0217521fd863e450d46b66b5\" tg-width=\"700\" tg-height=\"473\" referrerpolicy=\"no-referrer\"/><span>Microsoft Corp. reported fiscal second-quarter earnings Tuesday. AFP/GETTY IMAGES</span></p><p>Microsoft Corp.’s profit declined more than 12% in the holiday season, and executives said Tuesday that a revenue deceleration in December is expected to continue into the new year as the company lays off workers.</p><p>Microsoft reported fiscal second-quarter earnings of $16.43 billion, or $2.20 a share, a decline from $2.48 a share a year ago. The company also reported that severance, impairment and lease-consolidation costs cost it 12 cents a share, which would lead to adjusted earnings of $2.32 a share; Microsoft executives did not provide adjusted earnings a year ago, and typically stick to GAAP profit readings.</p><p>Revenue increased to $52.75 billion from $51.7 billion in the holiday quarter of 2022. Analysts on average expected earnings of $2.29 a share on sales of $52.99 billion, according to FactSet.</p><p>For the current quarter, Microsoft executives expect revenue of $50.5 billion to $51.5 billion, according to guidance provided by Chief Financial Officer Amy Hood in a conference call Tuesday afternoon. Analysts on average were expecting fiscal third-quarter revenue of $52.42 billion, according to FactSet.</p><p>Hood said that Microsoft observed a slowdown in customer spending in December, and expects that to continue. Azure grew by 38% in constant currency, topping expectations, but Hood said that they exited December in the “mid-30s” after the deceleration, and executives expect that percentage to fall four or five points in the current quarter. Analysts were projecting Azure growth of 27.8% for the quarter, or 33.7% in constant currency, according to FactSet.</p><p>Microsoft shares gained more than 4% in after-hours trading immediately following the release of the results, but they began to drop after the forecast and December deceleration news were shared. The stock was down 1% as of 8:00 p.m. Eastern.</p><p><img src=\"https://static.tigerbbs.com/971139206e2a87539d9529660f5eb038\" tg-width=\"826\" tg-height=\"619\" width=\"100%\" height=\"auto\"/></p><p>Microsoft’s forecast takes on extra importance this quarter, as analysts believe that businesses slowed down deals at the end of 2022 to cut costs and for other reasons, and Wall Street will want to know if Microsoft expects any deals that didn’t close before the end of the year will be included in the current quarter’s results. Microsoft executives told investors at the end of the last fiscal year that they expect double-digit percentage growth in revenue and operating margins, but a lot has happened since then.</p><p>Microsoft announced thousands of layoffs last week, part of a wave of job cuts from Big Tech companies that increased their workforces at a rapid pace in the early years of the COVID-19 pandemic. Wall Street analysts believed the move signaled concerns about revenue growth.</p><p>“We expect that the head-count reduction announcement … will likely be accompanied by a lower revenue outlook for the second half of the FY, but the actions taken by the company are an illustration of how Microsoft can dynamically adjust its cost base to preserve EPS and free cash flow given the macro choppiness,” Evercore ISI analysts wrote in a preview of the earnings, while maintaining an outperform rating and $280 target price on the stock.</p><p>Microsoft executives hope to provide a rosier outlook with other deals. The day before its earnings report, the company officially announced a long-expected third investment in ChatGPT creator OpenAI, which includes plans to incorporate the technology into services such as Microsoft’s Azure cloud-computing offering and Bing search engine. Microsoft is also still in the process of acquiring videogame-publishing giant Activision Blizzard Inc. for $69 billion, though it is facing pushback from regulators worldwide.</p><p>“We are particularly keen for updates on this deal, and would pay special attention to what sorts of concessions Microsoft is prepared to make at this point, and at what point the concessions make the deal unattractive to shareholders,” Macquarie Research analysts wrote of the Activision acquisition, while maintaining a neutral rating but decreasing their price target to $232 from $234.</p><p>Microsoft reported cloud revenue of $21.5 billion, up from $18.33 billion a year ago and narrowly topping the average analyst estimate of $21.43 billion, according to FactSet. Azure grew 31%, while analysts on average were expecting 30.5% growth from the cloud-computing product; Microsoft does not provide full revenue or profit figures for Azure, even though Amazon.com Inc. and Alphabet Inc. provide such results for their rival cloud products.</p><p>Microsoft’s personal-computer segment recorded $14.2 billion in revenue, down from $17.47 billion in the previous holiday season and missing the average analyst estimate of $14.76 billion. PC shipments suffered their worst decline ever recorded in the holiday season, according to third-party analyses, after a boom in PC sales during 2020 and 2021.</p><p>Microsoft’s enterprise-software business had sales of $17 billion, up from $15.94 billion a year ago and beating the FactSet analyst consensus of $16.79 billion.</p><p>Microsoft shares have declined 18.4% in the past 12 months, as the S&amp;P 500 index has dropped 8.9% and the Dow Jones Industrial Average — which counts Microsoft as one of its 30 components — has declined 2.1%.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4532":"文艺复兴科技持仓","BK4581":"高盛持仓","LU0276348264.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN\"AUP\" (USD) INC","BK4527":"明星科技股","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","LU0109392836.USD":"富兰克林科技股A","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","IE00BBT3K403.USD":"LEGG MASON CLEARBRIDGE TACTICAL DIVIDEND INCOME \"A(USD) ACC","BK4585":"ETF&股票定投概念","BK4534":"瑞士信贷持仓","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","BK4567":"ESG概念","LU0082616367.USD":"摩根大通美国科技A（dist）","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","BK4576":"AR","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","BK4533":"AQR资本管理(全球第二大对冲基金)","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","MSFT":"微软","BK4503":"景林资产持仓","IE00BLSP4239.USD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis USD Plus","LU0061474960.USD":"天利环球焦点基金AU Acc","LU0158827948.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"A\" (USD) INC","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","IE00BLSP4452.SGD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis SGD-H Plus","BK4528":"SaaS概念","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0238689110.USD":"贝莱德环球动力股票基金","LU0109391861.USD":"富兰克林美国机遇基金A Acc","BK4577":"网络游戏","LU0061475181.USD":"THREADNEEDLE (LUX) AMERICAN \"AU\" (USD) ACC","BK4504":"桥水持仓","BK4538":"云计算","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","BK4579":"人工智能","LU0149725797.USD":"汇丰美国股市经济规模基金","LU0079474960.USD":"联博美国增长基金A","LU0312595415.SGD":"Schroder ISF Global Climate Change Equity A Acc SGD","BK4548":"巴美列捷福持仓","IE00BJTD4N35.SGD":"Neuberger Berman US Long Short Equity A1  Acc SGD-H","LU0061474705.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN \"AU\" (USD) ACC","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","LU0289941410.SGD":"AB FCP I Dynamic Diversified AX SGD","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0289739343.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (SGD) ACC","BK4097":"系统软件","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2306495123","content_text":"Microsoft suggests sales in the current quarter will come in at least $1 billion lower than Wall Street expected as December slowdown is projected to continue into new year, gains of 4% and disappear in after-hours tradingMicrosoft Corp. reported fiscal second-quarter earnings Tuesday. AFP/GETTY IMAGESMicrosoft Corp.’s profit declined more than 12% in the holiday season, and executives said Tuesday that a revenue deceleration in December is expected to continue into the new year as the company lays off workers.Microsoft reported fiscal second-quarter earnings of $16.43 billion, or $2.20 a share, a decline from $2.48 a share a year ago. The company also reported that severance, impairment and lease-consolidation costs cost it 12 cents a share, which would lead to adjusted earnings of $2.32 a share; Microsoft executives did not provide adjusted earnings a year ago, and typically stick to GAAP profit readings.Revenue increased to $52.75 billion from $51.7 billion in the holiday quarter of 2022. Analysts on average expected earnings of $2.29 a share on sales of $52.99 billion, according to FactSet.For the current quarter, Microsoft executives expect revenue of $50.5 billion to $51.5 billion, according to guidance provided by Chief Financial Officer Amy Hood in a conference call Tuesday afternoon. Analysts on average were expecting fiscal third-quarter revenue of $52.42 billion, according to FactSet.Hood said that Microsoft observed a slowdown in customer spending in December, and expects that to continue. Azure grew by 38% in constant currency, topping expectations, but Hood said that they exited December in the “mid-30s” after the deceleration, and executives expect that percentage to fall four or five points in the current quarter. Analysts were projecting Azure growth of 27.8% for the quarter, or 33.7% in constant currency, according to FactSet.Microsoft shares gained more than 4% in after-hours trading immediately following the release of the results, but they began to drop after the forecast and December deceleration news were shared. The stock was down 1% as of 8:00 p.m. Eastern.Microsoft’s forecast takes on extra importance this quarter, as analysts believe that businesses slowed down deals at the end of 2022 to cut costs and for other reasons, and Wall Street will want to know if Microsoft expects any deals that didn’t close before the end of the year will be included in the current quarter’s results. Microsoft executives told investors at the end of the last fiscal year that they expect double-digit percentage growth in revenue and operating margins, but a lot has happened since then.Microsoft announced thousands of layoffs last week, part of a wave of job cuts from Big Tech companies that increased their workforces at a rapid pace in the early years of the COVID-19 pandemic. Wall Street analysts believed the move signaled concerns about revenue growth.“We expect that the head-count reduction announcement … will likely be accompanied by a lower revenue outlook for the second half of the FY, but the actions taken by the company are an illustration of how Microsoft can dynamically adjust its cost base to preserve EPS and free cash flow given the macro choppiness,” Evercore ISI analysts wrote in a preview of the earnings, while maintaining an outperform rating and $280 target price on the stock.Microsoft executives hope to provide a rosier outlook with other deals. The day before its earnings report, the company officially announced a long-expected third investment in ChatGPT creator OpenAI, which includes plans to incorporate the technology into services such as Microsoft’s Azure cloud-computing offering and Bing search engine. Microsoft is also still in the process of acquiring videogame-publishing giant Activision Blizzard Inc. for $69 billion, though it is facing pushback from regulators worldwide.“We are particularly keen for updates on this deal, and would pay special attention to what sorts of concessions Microsoft is prepared to make at this point, and at what point the concessions make the deal unattractive to shareholders,” Macquarie Research analysts wrote of the Activision acquisition, while maintaining a neutral rating but decreasing their price target to $232 from $234.Microsoft reported cloud revenue of $21.5 billion, up from $18.33 billion a year ago and narrowly topping the average analyst estimate of $21.43 billion, according to FactSet. Azure grew 31%, while analysts on average were expecting 30.5% growth from the cloud-computing product; Microsoft does not provide full revenue or profit figures for Azure, even though Amazon.com Inc. and Alphabet Inc. provide such results for their rival cloud products.Microsoft’s personal-computer segment recorded $14.2 billion in revenue, down from $17.47 billion in the previous holiday season and missing the average analyst estimate of $14.76 billion. PC shipments suffered their worst decline ever recorded in the holiday season, according to third-party analyses, after a boom in PC sales during 2020 and 2021.Microsoft’s enterprise-software business had sales of $17 billion, up from $15.94 billion a year ago and beating the FactSet analyst consensus of $16.79 billion.Microsoft shares have declined 18.4% in the past 12 months, as the S&P 500 index has dropped 8.9% and the Dow Jones Industrial Average — which counts Microsoft as one of its 30 components — has declined 2.1%.","news_type":1,"symbols_score_info":{"MSFT":1}},"isVote":1,"tweetType":1,"viewCount":1287,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9952132830,"gmtCreate":1674520543521,"gmtModify":1676538944392,"author":{"id":"4089777453696550","authorId":"4089777453696550","name":"soosoo","avatar":"https://static.tigerbbs.com/a7a8e4a0c1e8d4b7bf1e9db91cfaffc8","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089777453696550","idStr":"4089777453696550"},"themes":[],"htmlText":"Noted","listText":"Noted","text":"Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9952132830","repostId":"2305156445","repostType":4,"isVote":1,"tweetType":1,"viewCount":971,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9952311424,"gmtCreate":1674448062869,"gmtModify":1676538940848,"author":{"id":"4089777453696550","authorId":"4089777453696550","name":"soosoo","avatar":"https://static.tigerbbs.com/a7a8e4a0c1e8d4b7bf1e9db91cfaffc8","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089777453696550","idStr":"4089777453696550"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9952311424","repostId":"2305137769","repostType":4,"isVote":1,"tweetType":1,"viewCount":1355,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9956708468,"gmtCreate":1674181799954,"gmtModify":1676538928197,"author":{"id":"4089777453696550","authorId":"4089777453696550","name":"soosoo","avatar":"https://static.tigerbbs.com/a7a8e4a0c1e8d4b7bf1e9db91cfaffc8","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089777453696550","idStr":"4089777453696550"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9956708468","repostId":"2304672491","repostType":4,"repost":{"id":"2304672491","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1674183299,"share":"https://ttm.financial/m/news/2304672491?lang=en_US&edition=fundamental","pubTime":"2023-01-20 10:54","market":"us","language":"en","title":"Google to Delay Portion of Staff Bonus","url":"https://stock-news.laohu8.com/highlight/detail?id=2304672491","media":"Reuters","summary":"(Reuters) - Alphabet Inc's Google is deferring a portion of its employees' year-end bonuses as part ","content":"<html><head></head><body><p>(Reuters) - Alphabet Inc&#39;s Google is deferring a portion of its employees&#39; year-end bonuses as part of a transition to a new performance management system, the search engine giant said on Thursday.</p><p>The company will pay 80% advance bonus to eligible employees initially and the remainder in later months, a spokesperson told Reuters, adding that the move was communicated to staff last year.</p><p>The development comes amid tech companies&#39; attempts to limit spending amid a broader slowdown in demand and deteriorating economic conditions.</p><p>Alphabet has so far announced cuts impacting over 200 employees in its health sciences division even as its megacap peers Amazon.com Inc, <a href=\"https://laohu8.com/S/META\">Meta Platforms</a> Inc    and <a href=\"https://laohu8.com/S/MSFT\">Microsoft Corp</a> have let go thousands of employees.</p><p>The advance bonus will be paid in January and the remaining 20% in March or April, helping Google spread out costs to the next quarter, according to a CNBC, which first reported the story. All bonuses next year onwards will be paid in March, the report added.</p><p>Google typically paid full bonuses in the first month of the year.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Google to Delay Portion of Staff Bonus</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\">\nGoogle to Delay Portion of Staff Bonus\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2023-01-20 10:54</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) - Alphabet Inc&#39;s Google is deferring a portion of its employees&#39; year-end bonuses as part of a transition to a new performance management system, the search engine giant said on Thursday.</p><p>The company will pay 80% advance bonus to eligible employees initially and the remainder in later months, a spokesperson told Reuters, adding that the move was communicated to staff last year.</p><p>The development comes amid tech companies&#39; attempts to limit spending amid a broader slowdown in demand and deteriorating economic conditions.</p><p>Alphabet has so far announced cuts impacting over 200 employees in its health sciences division even as its megacap peers Amazon.com Inc, <a href=\"https://laohu8.com/S/META\">Meta Platforms</a> Inc    and <a href=\"https://laohu8.com/S/MSFT\">Microsoft Corp</a> have let go thousands of employees.</p><p>The advance bonus will be paid in January and the remaining 20% in March or April, helping Google spread out costs to the next quarter, according to a CNBC, which first reported the story. All bonuses next year onwards will be paid in March, the report added.</p><p>Google typically paid full bonuses in the first month of the year.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOG":"谷歌","GOOGL":"谷歌A"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2304672491","content_text":"(Reuters) - Alphabet Inc's Google is deferring a portion of its employees' year-end bonuses as part of a transition to a new performance management system, the search engine giant said on Thursday.The company will pay 80% advance bonus to eligible employees initially and the remainder in later months, a spokesperson told Reuters, adding that the move was communicated to staff last year.The development comes amid tech companies' attempts to limit spending amid a broader slowdown in demand and deteriorating economic conditions.Alphabet has so far announced cuts impacting over 200 employees in its health sciences division even as its megacap peers Amazon.com Inc, Meta Platforms Inc    and Microsoft Corp have let go thousands of employees.The advance bonus will be paid in January and the remaining 20% in March or April, helping Google spread out costs to the next quarter, according to a CNBC, which first reported the story. All bonuses next year onwards will be paid in March, the report added.Google typically paid full bonuses in the first month of the year.","news_type":1,"symbols_score_info":{"GOOGL":0.9,"GOOG":0.9}},"isVote":1,"tweetType":1,"viewCount":1263,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9958867741,"gmtCreate":1673691682484,"gmtModify":1676538875354,"author":{"id":"4089777453696550","authorId":"4089777453696550","name":"soosoo","avatar":"https://static.tigerbbs.com/a7a8e4a0c1e8d4b7bf1e9db91cfaffc8","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089777453696550","idStr":"4089777453696550"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":13,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9958867741","repostId":"1173773008","repostType":4,"repost":{"id":"1173773008","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1673837089,"share":"https://ttm.financial/m/news/1173773008?lang=en_US&edition=fundamental","pubTime":"2023-01-16 10:44","market":"us","language":"en","title":"Reminder: U.S. Market is Closed for Martin Luther King Day on Monday, Jan.16, 2023","url":"https://stock-news.laohu8.com/highlight/detail?id=1173773008","media":"Tiger Newspress","summary":"Martin Luther King Day has arrived. The U.S. market is closed on Monday, Jan.16, 2023. Please take n","content":"<html><head></head><body><p>Martin Luther King Day has arrived. The U.S. market is closed on Monday, Jan.16, 2023. Please take note of the trading arrangements during the holiday period and make the necessary preparations in advance.</p><p><img src=\"https://static.tigerbbs.com/b7e7bd8e1185d50c2f408c41e4b734d9\" tg-width=\"500\" tg-height=\"336\" referrerpolicy=\"no-referrer\"/></p><h3>Background</h3><p>Martin Luther King Day, or Martin Luther King Jr. Day, is observed on the third Monday of January every year.</p><p>Martin Luther King Day is held in honor of Martin Luther King Jr., the famous civil rights leader who was born in 1929.</p><p>He organized the popular march on Washington for jobs and freedom to highlight the daily struggles of African Americans in 1963 with the support of various civil rights and religious groups.</p><p>Almost over 25,000 people took part in this protest and it ended at the Lincoln Memorial where the crowd gathered to listen to MLK&#39;s &#34;I Have A Dream&#34; speech that influences peace and equality. MLK&#39;s &#34;I Have A Dream&#34; speech that influences peace and equality.</p><p>It contributed to the passing of the Civil Rights Act of 1964, outlawing discrimination based on color, religion, sex, or national origin.</p><p>He was also the youngest person to receive the Noble Peace Prize in 1964.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Reminder: U.S. Market is Closed for Martin Luther King Day on Monday, Jan.16, 2023</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\">\nReminder: U.S. Market is Closed for Martin Luther King Day on Monday, Jan.16, 2023\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\">2023-01-16 10:44</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Martin Luther King Day has arrived. The U.S. market is closed on Monday, Jan.16, 2023. Please take note of the trading arrangements during the holiday period and make the necessary preparations in advance.</p><p><img src=\"https://static.tigerbbs.com/b7e7bd8e1185d50c2f408c41e4b734d9\" tg-width=\"500\" tg-height=\"336\" referrerpolicy=\"no-referrer\"/></p><h3>Background</h3><p>Martin Luther King Day, or Martin Luther King Jr. Day, is observed on the third Monday of January every year.</p><p>Martin Luther King Day is held in honor of Martin Luther King Jr., the famous civil rights leader who was born in 1929.</p><p>He organized the popular march on Washington for jobs and freedom to highlight the daily struggles of African Americans in 1963 with the support of various civil rights and religious groups.</p><p>Almost over 25,000 people took part in this protest and it ended at the Lincoln Memorial where the crowd gathered to listen to MLK&#39;s &#34;I Have A Dream&#34; speech that influences peace and equality. MLK&#39;s &#34;I Have A Dream&#34; speech that influences peace and equality.</p><p>It contributed to the passing of the Civil Rights Act of 1964, outlawing discrimination based on color, religion, sex, or national origin.</p><p>He was also the youngest person to receive the Noble Peace Prize in 1964.</p></body></html>\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":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173773008","content_text":"Martin Luther King Day has arrived. The U.S. market is closed on Monday, Jan.16, 2023. Please take note of the trading arrangements during the holiday period and make the necessary preparations in advance.BackgroundMartin Luther King Day, or Martin Luther King Jr. Day, is observed on the third Monday of January every year.Martin Luther King Day is held in honor of Martin Luther King Jr., the famous civil rights leader who was born in 1929.He organized the popular march on Washington for jobs and freedom to highlight the daily struggles of African Americans in 1963 with the support of various civil rights and religious groups.Almost over 25,000 people took part in this protest and it ended at the Lincoln Memorial where the crowd gathered to listen to MLK's \"I Have A Dream\" speech that influences peace and equality. MLK's \"I Have A Dream\" speech that influences peace and equality.It contributed to the passing of the Civil Rights Act of 1964, outlawing discrimination based on color, religion, sex, or national origin.He was also the youngest person to receive the Noble Peace Prize in 1964.","news_type":1,"symbols_score_info":{".IXIC":0.9,".DJI":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":798,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9927687972,"gmtCreate":1672472263397,"gmtModify":1676538695670,"author":{"id":"4089777453696550","authorId":"4089777453696550","name":"soosoo","avatar":"https://static.tigerbbs.com/a7a8e4a0c1e8d4b7bf1e9db91cfaffc8","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089777453696550","idStr":"4089777453696550"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":13,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9927687972","repostId":"2295181713","repostType":4,"repost":{"id":"2295181713","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1672441484,"share":"https://ttm.financial/m/news/2295181713?lang=en_US&edition=fundamental","pubTime":"2022-12-31 07:04","market":"us","language":"en","title":"US STOCKS-Wall St Ends 2022 With Biggest Annual Drop Since 2008","url":"https://stock-news.laohu8.com/highlight/detail?id=2295181713","media":"Reuters","summary":"Wall St booked biggest annual percentage drop since 2008S&P market cap declined by about $8 billion ","content":"<html><head></head><body><ul><li>Wall St booked biggest annual percentage drop since 2008</li><li>S&amp;P market cap declined by about $8 billion in 2022</li><li>Indexes down: Dow 0.22%, S&amp;P 500 0.25%, Nasdaq 0.11%</li></ul><p>U.S. stocks closed out 2022 lower on Friday, capping a year of sharp losses driven by aggressive interest rate hikes to curb inflation, recession fears, the Russia-Ukraine war and rising concerns over COVID cases in China.</p><p>Wall Street&#39;s three main indexes booked their first yearly drop since 2018 as an era of loose monetary policy ended with the Federal Reserve&#39;s fastest pace of rate hikes since the 1980s.</p><p>The benchmark S&amp;P 500    has shed 19.4% this year, marking a roughly $8 trillion decline in market cap. The tech-heavy Nasdaq    is down 33.1%, while the Dow Jones Industrial Average    has fallen 8.9%.</p><p>The annual percentage declines for all three indexes were the biggest since the 2008 financial crisis, largely driven by a rout in growth shares as concerns over Fed&#39;s rapid interest rate hikes boost U.S. Treasury yields.</p><p>&#34;The primary macro reasons ... came from a combination of events: the ongoing supply chain disruption that started in 2020, the spike in inflation, the tardiness of the Fed beginning its rate tightening program in the attempt to corral the inflation,&#34; said Sam Stovall, chief investment strategist at CFRA Research.</p><p>He also cited economic indicators pointing to recession, geopolitical tensions including the Ukraine war, and China&#39;s surging COVID cases and uncertainties over Taiwan.</p><p>Growth stocks have been under pressure from rising yields for much of 2022 and have underperformed their economically linked value peers, reversing a trend that had lasted for much of the past decade.</p><p>Apple Inc, Alphabet Inc, Microsoft Corp, Nvidia Corp, Amazon.com Inc, Tesla Inc are among the worst drags on the S&amp;P 500 growth index   , down between 28% and 66% in 2022.</p><p>The S&amp;P 500 growth index has fallen about 30.1% this year, while the value index    is down 7.4%, with investors preferring high dividend-yielding sectors with steady earnings such as energy.</p><p>Energy has recorded stellar annual gains of 59% as oil prices surged.</p><p>Ten of the 11 S&amp;P sector indexes dropped on Friday, led by real estate and utilities.</p><p>&#34;The housing market has really slowed down and the values of people&#39;s homes have declined off of the highs earlier this year,&#34; said J. Bryant Evans, investment advisor and portfolio manager at Cozad Asset Management in Champaign, Illinois.</p><p>&#34;That affects people&#39;s mind frame and actually affects their spending a little bit.&#34;</p><p>The focus has shifted to the 2023 corporate earnings outlook, with growing concerns about the likelihood of a recession.</p><p>Still, signs of U.S. economic resilience have fueled worries that rates could remain higher, though easing inflationary pressures have raised hopes of dialed-down rate hikes.</p><p>Money market participants see 65% odds of a 25-basis-point hike in the Fed&#39;s February meeting, with rates expected to peak at 4.97% by mid-2023.</p><p>The Dow Jones Industrial Average fell 73.55 points, or 0.22%, to 33,147.25; the S&amp;P 500    lost 9.78 points, or 0.25%, at 3,839.50; and the Nasdaq Composite dropped 11.61 points, or 0.11%, to 10,466.48.</p><p>Volume on U.S. exchanges was 8.50 billion shares, compared with the 10.79 billion average for the full session over the last 20 trading days.</p><p>Declining issues outnumbered advancers on the NYSE by a 1.50-to-1 ratio; on Nasdaq, a 1.03-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted no new 52-week highs and no new lows; the Nasdaq Composite recorded 85 new highs and 134 new lows.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-Wall St Ends 2022 With Biggest Annual Drop Since 2008</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS STOCKS-Wall St Ends 2022 With Biggest Annual Drop Since 2008\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-12-31 07:04</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul><li>Wall St booked biggest annual percentage drop since 2008</li><li>S&amp;P market cap declined by about $8 billion in 2022</li><li>Indexes down: Dow 0.22%, S&amp;P 500 0.25%, Nasdaq 0.11%</li></ul><p>U.S. stocks closed out 2022 lower on Friday, capping a year of sharp losses driven by aggressive interest rate hikes to curb inflation, recession fears, the Russia-Ukraine war and rising concerns over COVID cases in China.</p><p>Wall Street&#39;s three main indexes booked their first yearly drop since 2018 as an era of loose monetary policy ended with the Federal Reserve&#39;s fastest pace of rate hikes since the 1980s.</p><p>The benchmark S&amp;P 500    has shed 19.4% this year, marking a roughly $8 trillion decline in market cap. The tech-heavy Nasdaq    is down 33.1%, while the Dow Jones Industrial Average    has fallen 8.9%.</p><p>The annual percentage declines for all three indexes were the biggest since the 2008 financial crisis, largely driven by a rout in growth shares as concerns over Fed&#39;s rapid interest rate hikes boost U.S. Treasury yields.</p><p>&#34;The primary macro reasons ... came from a combination of events: the ongoing supply chain disruption that started in 2020, the spike in inflation, the tardiness of the Fed beginning its rate tightening program in the attempt to corral the inflation,&#34; said Sam Stovall, chief investment strategist at CFRA Research.</p><p>He also cited economic indicators pointing to recession, geopolitical tensions including the Ukraine war, and China&#39;s surging COVID cases and uncertainties over Taiwan.</p><p>Growth stocks have been under pressure from rising yields for much of 2022 and have underperformed their economically linked value peers, reversing a trend that had lasted for much of the past decade.</p><p>Apple Inc, Alphabet Inc, Microsoft Corp, Nvidia Corp, Amazon.com Inc, Tesla Inc are among the worst drags on the S&amp;P 500 growth index   , down between 28% and 66% in 2022.</p><p>The S&amp;P 500 growth index has fallen about 30.1% this year, while the value index    is down 7.4%, with investors preferring high dividend-yielding sectors with steady earnings such as energy.</p><p>Energy has recorded stellar annual gains of 59% as oil prices surged.</p><p>Ten of the 11 S&amp;P sector indexes dropped on Friday, led by real estate and utilities.</p><p>&#34;The housing market has really slowed down and the values of people&#39;s homes have declined off of the highs earlier this year,&#34; said J. Bryant Evans, investment advisor and portfolio manager at Cozad Asset Management in Champaign, Illinois.</p><p>&#34;That affects people&#39;s mind frame and actually affects their spending a little bit.&#34;</p><p>The focus has shifted to the 2023 corporate earnings outlook, with growing concerns about the likelihood of a recession.</p><p>Still, signs of U.S. economic resilience have fueled worries that rates could remain higher, though easing inflationary pressures have raised hopes of dialed-down rate hikes.</p><p>Money market participants see 65% odds of a 25-basis-point hike in the Fed&#39;s February meeting, with rates expected to peak at 4.97% by mid-2023.</p><p>The Dow Jones Industrial Average fell 73.55 points, or 0.22%, to 33,147.25; the S&amp;P 500    lost 9.78 points, or 0.25%, at 3,839.50; and the Nasdaq Composite dropped 11.61 points, or 0.11%, to 10,466.48.</p><p>Volume on U.S. exchanges was 8.50 billion shares, compared with the 10.79 billion average for the full session over the last 20 trading days.</p><p>Declining issues outnumbered advancers on the NYSE by a 1.50-to-1 ratio; on Nasdaq, a 1.03-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted no new 52-week highs and no new lows; the Nasdaq Composite recorded 85 new highs and 134 new lows.</p></body></html>\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":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2295181713","content_text":"Wall St booked biggest annual percentage drop since 2008S&P market cap declined by about $8 billion in 2022Indexes down: Dow 0.22%, S&P 500 0.25%, Nasdaq 0.11%U.S. stocks closed out 2022 lower on Friday, capping a year of sharp losses driven by aggressive interest rate hikes to curb inflation, recession fears, the Russia-Ukraine war and rising concerns over COVID cases in China.Wall Street's three main indexes booked their first yearly drop since 2018 as an era of loose monetary policy ended with the Federal Reserve's fastest pace of rate hikes since the 1980s.The benchmark S&P 500    has shed 19.4% this year, marking a roughly $8 trillion decline in market cap. The tech-heavy Nasdaq    is down 33.1%, while the Dow Jones Industrial Average    has fallen 8.9%.The annual percentage declines for all three indexes were the biggest since the 2008 financial crisis, largely driven by a rout in growth shares as concerns over Fed's rapid interest rate hikes boost U.S. Treasury yields.\"The primary macro reasons ... came from a combination of events: the ongoing supply chain disruption that started in 2020, the spike in inflation, the tardiness of the Fed beginning its rate tightening program in the attempt to corral the inflation,\" said Sam Stovall, chief investment strategist at CFRA Research.He also cited economic indicators pointing to recession, geopolitical tensions including the Ukraine war, and China's surging COVID cases and uncertainties over Taiwan.Growth stocks have been under pressure from rising yields for much of 2022 and have underperformed their economically linked value peers, reversing a trend that had lasted for much of the past decade.Apple Inc, Alphabet Inc, Microsoft Corp, Nvidia Corp, Amazon.com Inc, Tesla Inc are among the worst drags on the S&P 500 growth index   , down between 28% and 66% in 2022.The S&P 500 growth index has fallen about 30.1% this year, while the value index    is down 7.4%, with investors preferring high dividend-yielding sectors with steady earnings such as energy.Energy has recorded stellar annual gains of 59% as oil prices surged.Ten of the 11 S&P sector indexes dropped on Friday, led by real estate and utilities.\"The housing market has really slowed down and the values of people's homes have declined off of the highs earlier this year,\" said J. Bryant Evans, investment advisor and portfolio manager at Cozad Asset Management in Champaign, Illinois.\"That affects people's mind frame and actually affects their spending a little bit.\"The focus has shifted to the 2023 corporate earnings outlook, with growing concerns about the likelihood of a recession.Still, signs of U.S. economic resilience have fueled worries that rates could remain higher, though easing inflationary pressures have raised hopes of dialed-down rate hikes.Money market participants see 65% odds of a 25-basis-point hike in the Fed's February meeting, with rates expected to peak at 4.97% by mid-2023.The Dow Jones Industrial Average fell 73.55 points, or 0.22%, to 33,147.25; the S&P 500    lost 9.78 points, or 0.25%, at 3,839.50; and the Nasdaq Composite dropped 11.61 points, or 0.11%, to 10,466.48.Volume on U.S. exchanges was 8.50 billion shares, compared with the 10.79 billion average for the full session over the last 20 trading days.Declining issues outnumbered advancers on the NYSE by a 1.50-to-1 ratio; on Nasdaq, a 1.03-to-1 ratio favored decliners.The S&P 500 posted no new 52-week highs and no new lows; the Nasdaq Composite recorded 85 new highs and 134 new lows.","news_type":1,"symbols_score_info":{".SPX":0.9,".DJI":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":665,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9952861192,"gmtCreate":1674615475916,"gmtModify":1676538949158,"author":{"id":"4089777453696550","authorId":"4089777453696550","name":"soosoo","avatar":"https://static.tigerbbs.com/a7a8e4a0c1e8d4b7bf1e9db91cfaffc8","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089777453696550","idStr":"4089777453696550"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":12,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9952861192","repostId":"2306495123","repostType":4,"repost":{"id":"2306495123","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1674603819,"share":"https://ttm.financial/m/news/2306495123?lang=en_US&edition=fundamental","pubTime":"2023-01-25 07:43","market":"us","language":"en","title":"Microsoft Stock Turns Negative After Forecast Misses, CFO Warns About Deceleration","url":"https://stock-news.laohu8.com/highlight/detail?id=2306495123","media":"Dow Jones","summary":"Microsoft suggests sales in the current quarter will come in at least $1 billion lower than Wall Str","content":"<html><head></head><body><p>Microsoft suggests sales in the current quarter will come in at least $1 billion lower than Wall Street expected as December slowdown is projected to continue into new year, gains of 4% and disappear in after-hours trading</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0824503f0217521fd863e450d46b66b5\" tg-width=\"700\" tg-height=\"473\" referrerpolicy=\"no-referrer\"/><span>Microsoft Corp. reported fiscal second-quarter earnings Tuesday. AFP/GETTY IMAGES</span></p><p>Microsoft Corp.’s profit declined more than 12% in the holiday season, and executives said Tuesday that a revenue deceleration in December is expected to continue into the new year as the company lays off workers.</p><p>Microsoft reported fiscal second-quarter earnings of $16.43 billion, or $2.20 a share, a decline from $2.48 a share a year ago. The company also reported that severance, impairment and lease-consolidation costs cost it 12 cents a share, which would lead to adjusted earnings of $2.32 a share; Microsoft executives did not provide adjusted earnings a year ago, and typically stick to GAAP profit readings.</p><p>Revenue increased to $52.75 billion from $51.7 billion in the holiday quarter of 2022. Analysts on average expected earnings of $2.29 a share on sales of $52.99 billion, according to FactSet.</p><p>For the current quarter, Microsoft executives expect revenue of $50.5 billion to $51.5 billion, according to guidance provided by Chief Financial Officer Amy Hood in a conference call Tuesday afternoon. Analysts on average were expecting fiscal third-quarter revenue of $52.42 billion, according to FactSet.</p><p>Hood said that Microsoft observed a slowdown in customer spending in December, and expects that to continue. Azure grew by 38% in constant currency, topping expectations, but Hood said that they exited December in the “mid-30s” after the deceleration, and executives expect that percentage to fall four or five points in the current quarter. Analysts were projecting Azure growth of 27.8% for the quarter, or 33.7% in constant currency, according to FactSet.</p><p>Microsoft shares gained more than 4% in after-hours trading immediately following the release of the results, but they began to drop after the forecast and December deceleration news were shared. The stock was down 1% as of 8:00 p.m. Eastern.</p><p><img src=\"https://static.tigerbbs.com/971139206e2a87539d9529660f5eb038\" tg-width=\"826\" tg-height=\"619\" width=\"100%\" height=\"auto\"/></p><p>Microsoft’s forecast takes on extra importance this quarter, as analysts believe that businesses slowed down deals at the end of 2022 to cut costs and for other reasons, and Wall Street will want to know if Microsoft expects any deals that didn’t close before the end of the year will be included in the current quarter’s results. Microsoft executives told investors at the end of the last fiscal year that they expect double-digit percentage growth in revenue and operating margins, but a lot has happened since then.</p><p>Microsoft announced thousands of layoffs last week, part of a wave of job cuts from Big Tech companies that increased their workforces at a rapid pace in the early years of the COVID-19 pandemic. Wall Street analysts believed the move signaled concerns about revenue growth.</p><p>“We expect that the head-count reduction announcement … will likely be accompanied by a lower revenue outlook for the second half of the FY, but the actions taken by the company are an illustration of how Microsoft can dynamically adjust its cost base to preserve EPS and free cash flow given the macro choppiness,” Evercore ISI analysts wrote in a preview of the earnings, while maintaining an outperform rating and $280 target price on the stock.</p><p>Microsoft executives hope to provide a rosier outlook with other deals. The day before its earnings report, the company officially announced a long-expected third investment in ChatGPT creator OpenAI, which includes plans to incorporate the technology into services such as Microsoft’s Azure cloud-computing offering and Bing search engine. Microsoft is also still in the process of acquiring videogame-publishing giant Activision Blizzard Inc. for $69 billion, though it is facing pushback from regulators worldwide.</p><p>“We are particularly keen for updates on this deal, and would pay special attention to what sorts of concessions Microsoft is prepared to make at this point, and at what point the concessions make the deal unattractive to shareholders,” Macquarie Research analysts wrote of the Activision acquisition, while maintaining a neutral rating but decreasing their price target to $232 from $234.</p><p>Microsoft reported cloud revenue of $21.5 billion, up from $18.33 billion a year ago and narrowly topping the average analyst estimate of $21.43 billion, according to FactSet. Azure grew 31%, while analysts on average were expecting 30.5% growth from the cloud-computing product; Microsoft does not provide full revenue or profit figures for Azure, even though Amazon.com Inc. and Alphabet Inc. provide such results for their rival cloud products.</p><p>Microsoft’s personal-computer segment recorded $14.2 billion in revenue, down from $17.47 billion in the previous holiday season and missing the average analyst estimate of $14.76 billion. PC shipments suffered their worst decline ever recorded in the holiday season, according to third-party analyses, after a boom in PC sales during 2020 and 2021.</p><p>Microsoft’s enterprise-software business had sales of $17 billion, up from $15.94 billion a year ago and beating the FactSet analyst consensus of $16.79 billion.</p><p>Microsoft shares have declined 18.4% in the past 12 months, as the S&amp;P 500 index has dropped 8.9% and the Dow Jones Industrial Average — which counts Microsoft as one of its 30 components — has declined 2.1%.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Microsoft Stock Turns Negative After Forecast Misses, CFO Warns About Deceleration</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\">\nMicrosoft Stock Turns Negative After Forecast Misses, CFO Warns About Deceleration\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2023-01-25 07:43</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Microsoft suggests sales in the current quarter will come in at least $1 billion lower than Wall Street expected as December slowdown is projected to continue into new year, gains of 4% and disappear in after-hours trading</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0824503f0217521fd863e450d46b66b5\" tg-width=\"700\" tg-height=\"473\" referrerpolicy=\"no-referrer\"/><span>Microsoft Corp. reported fiscal second-quarter earnings Tuesday. AFP/GETTY IMAGES</span></p><p>Microsoft Corp.’s profit declined more than 12% in the holiday season, and executives said Tuesday that a revenue deceleration in December is expected to continue into the new year as the company lays off workers.</p><p>Microsoft reported fiscal second-quarter earnings of $16.43 billion, or $2.20 a share, a decline from $2.48 a share a year ago. The company also reported that severance, impairment and lease-consolidation costs cost it 12 cents a share, which would lead to adjusted earnings of $2.32 a share; Microsoft executives did not provide adjusted earnings a year ago, and typically stick to GAAP profit readings.</p><p>Revenue increased to $52.75 billion from $51.7 billion in the holiday quarter of 2022. Analysts on average expected earnings of $2.29 a share on sales of $52.99 billion, according to FactSet.</p><p>For the current quarter, Microsoft executives expect revenue of $50.5 billion to $51.5 billion, according to guidance provided by Chief Financial Officer Amy Hood in a conference call Tuesday afternoon. Analysts on average were expecting fiscal third-quarter revenue of $52.42 billion, according to FactSet.</p><p>Hood said that Microsoft observed a slowdown in customer spending in December, and expects that to continue. Azure grew by 38% in constant currency, topping expectations, but Hood said that they exited December in the “mid-30s” after the deceleration, and executives expect that percentage to fall four or five points in the current quarter. Analysts were projecting Azure growth of 27.8% for the quarter, or 33.7% in constant currency, according to FactSet.</p><p>Microsoft shares gained more than 4% in after-hours trading immediately following the release of the results, but they began to drop after the forecast and December deceleration news were shared. The stock was down 1% as of 8:00 p.m. Eastern.</p><p><img src=\"https://static.tigerbbs.com/971139206e2a87539d9529660f5eb038\" tg-width=\"826\" tg-height=\"619\" width=\"100%\" height=\"auto\"/></p><p>Microsoft’s forecast takes on extra importance this quarter, as analysts believe that businesses slowed down deals at the end of 2022 to cut costs and for other reasons, and Wall Street will want to know if Microsoft expects any deals that didn’t close before the end of the year will be included in the current quarter’s results. Microsoft executives told investors at the end of the last fiscal year that they expect double-digit percentage growth in revenue and operating margins, but a lot has happened since then.</p><p>Microsoft announced thousands of layoffs last week, part of a wave of job cuts from Big Tech companies that increased their workforces at a rapid pace in the early years of the COVID-19 pandemic. Wall Street analysts believed the move signaled concerns about revenue growth.</p><p>“We expect that the head-count reduction announcement … will likely be accompanied by a lower revenue outlook for the second half of the FY, but the actions taken by the company are an illustration of how Microsoft can dynamically adjust its cost base to preserve EPS and free cash flow given the macro choppiness,” Evercore ISI analysts wrote in a preview of the earnings, while maintaining an outperform rating and $280 target price on the stock.</p><p>Microsoft executives hope to provide a rosier outlook with other deals. The day before its earnings report, the company officially announced a long-expected third investment in ChatGPT creator OpenAI, which includes plans to incorporate the technology into services such as Microsoft’s Azure cloud-computing offering and Bing search engine. Microsoft is also still in the process of acquiring videogame-publishing giant Activision Blizzard Inc. for $69 billion, though it is facing pushback from regulators worldwide.</p><p>“We are particularly keen for updates on this deal, and would pay special attention to what sorts of concessions Microsoft is prepared to make at this point, and at what point the concessions make the deal unattractive to shareholders,” Macquarie Research analysts wrote of the Activision acquisition, while maintaining a neutral rating but decreasing their price target to $232 from $234.</p><p>Microsoft reported cloud revenue of $21.5 billion, up from $18.33 billion a year ago and narrowly topping the average analyst estimate of $21.43 billion, according to FactSet. Azure grew 31%, while analysts on average were expecting 30.5% growth from the cloud-computing product; Microsoft does not provide full revenue or profit figures for Azure, even though Amazon.com Inc. and Alphabet Inc. provide such results for their rival cloud products.</p><p>Microsoft’s personal-computer segment recorded $14.2 billion in revenue, down from $17.47 billion in the previous holiday season and missing the average analyst estimate of $14.76 billion. PC shipments suffered their worst decline ever recorded in the holiday season, according to third-party analyses, after a boom in PC sales during 2020 and 2021.</p><p>Microsoft’s enterprise-software business had sales of $17 billion, up from $15.94 billion a year ago and beating the FactSet analyst consensus of $16.79 billion.</p><p>Microsoft shares have declined 18.4% in the past 12 months, as the S&amp;P 500 index has dropped 8.9% and the Dow Jones Industrial Average — which counts Microsoft as one of its 30 components — has declined 2.1%.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4532":"文艺复兴科技持仓","BK4581":"高盛持仓","LU0276348264.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN\"AUP\" (USD) INC","BK4527":"明星科技股","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","LU0109392836.USD":"富兰克林科技股A","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","IE00BBT3K403.USD":"LEGG MASON CLEARBRIDGE TACTICAL DIVIDEND INCOME \"A(USD) ACC","BK4585":"ETF&股票定投概念","BK4534":"瑞士信贷持仓","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","BK4567":"ESG概念","LU0082616367.USD":"摩根大通美国科技A（dist）","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","BK4576":"AR","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","BK4533":"AQR资本管理(全球第二大对冲基金)","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","MSFT":"微软","BK4503":"景林资产持仓","IE00BLSP4239.USD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis USD Plus","LU0061474960.USD":"天利环球焦点基金AU Acc","LU0158827948.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"A\" (USD) INC","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","IE00BLSP4452.SGD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis SGD-H Plus","BK4528":"SaaS概念","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0238689110.USD":"贝莱德环球动力股票基金","LU0109391861.USD":"富兰克林美国机遇基金A Acc","BK4577":"网络游戏","LU0061475181.USD":"THREADNEEDLE (LUX) AMERICAN \"AU\" (USD) ACC","BK4504":"桥水持仓","BK4538":"云计算","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","BK4579":"人工智能","LU0149725797.USD":"汇丰美国股市经济规模基金","LU0079474960.USD":"联博美国增长基金A","LU0312595415.SGD":"Schroder ISF Global Climate Change Equity A Acc SGD","BK4548":"巴美列捷福持仓","IE00BJTD4N35.SGD":"Neuberger Berman US Long Short Equity A1  Acc SGD-H","LU0061474705.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN \"AU\" (USD) ACC","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","LU0289941410.SGD":"AB FCP I Dynamic Diversified AX SGD","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0289739343.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (SGD) ACC","BK4097":"系统软件","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2306495123","content_text":"Microsoft suggests sales in the current quarter will come in at least $1 billion lower than Wall Street expected as December slowdown is projected to continue into new year, gains of 4% and disappear in after-hours tradingMicrosoft Corp. reported fiscal second-quarter earnings Tuesday. AFP/GETTY IMAGESMicrosoft Corp.’s profit declined more than 12% in the holiday season, and executives said Tuesday that a revenue deceleration in December is expected to continue into the new year as the company lays off workers.Microsoft reported fiscal second-quarter earnings of $16.43 billion, or $2.20 a share, a decline from $2.48 a share a year ago. The company also reported that severance, impairment and lease-consolidation costs cost it 12 cents a share, which would lead to adjusted earnings of $2.32 a share; Microsoft executives did not provide adjusted earnings a year ago, and typically stick to GAAP profit readings.Revenue increased to $52.75 billion from $51.7 billion in the holiday quarter of 2022. Analysts on average expected earnings of $2.29 a share on sales of $52.99 billion, according to FactSet.For the current quarter, Microsoft executives expect revenue of $50.5 billion to $51.5 billion, according to guidance provided by Chief Financial Officer Amy Hood in a conference call Tuesday afternoon. Analysts on average were expecting fiscal third-quarter revenue of $52.42 billion, according to FactSet.Hood said that Microsoft observed a slowdown in customer spending in December, and expects that to continue. Azure grew by 38% in constant currency, topping expectations, but Hood said that they exited December in the “mid-30s” after the deceleration, and executives expect that percentage to fall four or five points in the current quarter. Analysts were projecting Azure growth of 27.8% for the quarter, or 33.7% in constant currency, according to FactSet.Microsoft shares gained more than 4% in after-hours trading immediately following the release of the results, but they began to drop after the forecast and December deceleration news were shared. The stock was down 1% as of 8:00 p.m. Eastern.Microsoft’s forecast takes on extra importance this quarter, as analysts believe that businesses slowed down deals at the end of 2022 to cut costs and for other reasons, and Wall Street will want to know if Microsoft expects any deals that didn’t close before the end of the year will be included in the current quarter’s results. Microsoft executives told investors at the end of the last fiscal year that they expect double-digit percentage growth in revenue and operating margins, but a lot has happened since then.Microsoft announced thousands of layoffs last week, part of a wave of job cuts from Big Tech companies that increased their workforces at a rapid pace in the early years of the COVID-19 pandemic. Wall Street analysts believed the move signaled concerns about revenue growth.“We expect that the head-count reduction announcement … will likely be accompanied by a lower revenue outlook for the second half of the FY, but the actions taken by the company are an illustration of how Microsoft can dynamically adjust its cost base to preserve EPS and free cash flow given the macro choppiness,” Evercore ISI analysts wrote in a preview of the earnings, while maintaining an outperform rating and $280 target price on the stock.Microsoft executives hope to provide a rosier outlook with other deals. The day before its earnings report, the company officially announced a long-expected third investment in ChatGPT creator OpenAI, which includes plans to incorporate the technology into services such as Microsoft’s Azure cloud-computing offering and Bing search engine. Microsoft is also still in the process of acquiring videogame-publishing giant Activision Blizzard Inc. for $69 billion, though it is facing pushback from regulators worldwide.“We are particularly keen for updates on this deal, and would pay special attention to what sorts of concessions Microsoft is prepared to make at this point, and at what point the concessions make the deal unattractive to shareholders,” Macquarie Research analysts wrote of the Activision acquisition, while maintaining a neutral rating but decreasing their price target to $232 from $234.Microsoft reported cloud revenue of $21.5 billion, up from $18.33 billion a year ago and narrowly topping the average analyst estimate of $21.43 billion, according to FactSet. Azure grew 31%, while analysts on average were expecting 30.5% growth from the cloud-computing product; Microsoft does not provide full revenue or profit figures for Azure, even though Amazon.com Inc. and Alphabet Inc. provide such results for their rival cloud products.Microsoft’s personal-computer segment recorded $14.2 billion in revenue, down from $17.47 billion in the previous holiday season and missing the average analyst estimate of $14.76 billion. PC shipments suffered their worst decline ever recorded in the holiday season, according to third-party analyses, after a boom in PC sales during 2020 and 2021.Microsoft’s enterprise-software business had sales of $17 billion, up from $15.94 billion a year ago and beating the FactSet analyst consensus of $16.79 billion.Microsoft shares have declined 18.4% in the past 12 months, as the S&P 500 index has dropped 8.9% and the Dow Jones Industrial Average — which counts Microsoft as one of its 30 components — has declined 2.1%.","news_type":1,"symbols_score_info":{"MSFT":1}},"isVote":1,"tweetType":1,"viewCount":1287,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9989694859,"gmtCreate":1665981421571,"gmtModify":1676537687352,"author":{"id":"4089777453696550","authorId":"4089777453696550","name":"soosoo","avatar":"https://static.tigerbbs.com/a7a8e4a0c1e8d4b7bf1e9db91cfaffc8","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089777453696550","idStr":"4089777453696550"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9989694859","repostId":"1140313568","repostType":4,"repost":{"id":"1140313568","kind":"news","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":1,"media_name":"Dow Jones","id":"1012688067","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1665978652,"share":"https://ttm.financial/m/news/1140313568?lang=en_US&edition=fundamental","pubTime":"2022-10-17 11:50","market":"us","language":"en","title":"Value Stocks Have Outperformed Growth Stocks, And Now They’re Even Better Bets","url":"https://stock-news.laohu8.com/highlight/detail?id=1140313568","media":"Dow Jones","summary":"Value stocks have broken a correlation with inflation expectations, suggesting they have staying pow","content":"<html><head></head><body><p>Value stocks have broken a correlation with inflation expectations, suggesting they have staying power.</p><p>Value stocks over the past two months have become even more compelling investments.</p><p>Value stocks significantly outperformed growth stocks in the past century, though there have been long stretches that reversed the trend, including the last decade. Growth’s outperformance in recent years means value stocks are now relatively cheaper than at any other time in U.S. history. (Value stocks can be defined as having low prices relative to their net worth. For growth stocks, it’s the opposite.)</p><p>Many advisers argued that cheap valuations alone made value stocks compelling bets to once again outperform growth. But they still had to battle the widespread Wall Street narrative that value tends to beat growth only in rising-inflation environments. While this narrative supported the value-stock thesis last year and this year, it made value stocks’ relative strength vulnerable to any decline in inflation expectations.</p><p><img src=\"https://static.tigerbbs.com/cd917e3224b565dcdd08c396f87d6a1e\" tg-width=\"700\" tg-height=\"471\" width=\"100%\" height=\"auto\"/>This narrative started to break down in mid-August, however, as you can see from the accompanying chart, above. Notice how, in the months prior to then, value stocks’ relative strength over growth tended to rise and fall in a close correlation with the 10-year breakeven inflation rate. This stopped being the case two months ago. Even as the 10-year breakeven inflation rate has trended strongly downward, value stocks’ relative strength has trended strongly upward.</p><p>What happened? My hunch is that an increasing number of investors on Wall Street came to realize that there is no good theoretical reason to expect value stocks’ relative strength to be correlated with inflation. (I devoted a column earlier this year to this absence of a good theoretical foundation, and I refer you to it for a fuller discussion.)</p><p>Wall Street’s newfound realization may have come just in time to rescue value stocks from declining inflation expectations. Though high inflation is proving less transitory than many, including the Federal Reserve, initially thought, most believe that inflation will be slowing soon. The consensus of “America’s top business economists,” as polled by Wolters Kluwer’s Blue Chip Economic Indicators, is that the Consumer Price Index will be 3.9% in 2023.</p><p>The easiest way to place a diversified bet on value stocks’ relative strength is with exchange traded funds. One with the lowest expenses is the Vanguard S&amp;P 500 Value ETF VOOV, with an expense ratio of 0.10%.</p><h3>Highly regarded value stocks</h3><p>If you want to bet on individual value securities, the following table lists value stocks that are recommended by at least three of the top-performing newsletters my firm monitors. To qualify for this table, their price-to-book and price-to-earnings (P/E) ratios had to be lower than those of the S&amp;P 500 SPX, and their dividend yields had to be higher. (The ratios and yields in the table are from FactSet.)</p><p><img src=\"https://static.tigerbbs.com/62362e49ecaff2bb62ab6245a8f98ffc\" tg-width=\"879\" tg-height=\"592\" width=\"100%\" height=\"auto\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Value Stocks Have Outperformed Growth Stocks, And Now They’re Even Better Bets</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\">\nValue Stocks Have Outperformed Growth Stocks, And Now They’re Even Better Bets\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1012688067\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-10-17 11:50</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Value stocks have broken a correlation with inflation expectations, suggesting they have staying power.</p><p>Value stocks over the past two months have become even more compelling investments.</p><p>Value stocks significantly outperformed growth stocks in the past century, though there have been long stretches that reversed the trend, including the last decade. Growth’s outperformance in recent years means value stocks are now relatively cheaper than at any other time in U.S. history. (Value stocks can be defined as having low prices relative to their net worth. For growth stocks, it’s the opposite.)</p><p>Many advisers argued that cheap valuations alone made value stocks compelling bets to once again outperform growth. But they still had to battle the widespread Wall Street narrative that value tends to beat growth only in rising-inflation environments. While this narrative supported the value-stock thesis last year and this year, it made value stocks’ relative strength vulnerable to any decline in inflation expectations.</p><p><img src=\"https://static.tigerbbs.com/cd917e3224b565dcdd08c396f87d6a1e\" tg-width=\"700\" tg-height=\"471\" width=\"100%\" height=\"auto\"/>This narrative started to break down in mid-August, however, as you can see from the accompanying chart, above. Notice how, in the months prior to then, value stocks’ relative strength over growth tended to rise and fall in a close correlation with the 10-year breakeven inflation rate. This stopped being the case two months ago. Even as the 10-year breakeven inflation rate has trended strongly downward, value stocks’ relative strength has trended strongly upward.</p><p>What happened? My hunch is that an increasing number of investors on Wall Street came to realize that there is no good theoretical reason to expect value stocks’ relative strength to be correlated with inflation. (I devoted a column earlier this year to this absence of a good theoretical foundation, and I refer you to it for a fuller discussion.)</p><p>Wall Street’s newfound realization may have come just in time to rescue value stocks from declining inflation expectations. Though high inflation is proving less transitory than many, including the Federal Reserve, initially thought, most believe that inflation will be slowing soon. The consensus of “America’s top business economists,” as polled by Wolters Kluwer’s Blue Chip Economic Indicators, is that the Consumer Price Index will be 3.9% in 2023.</p><p>The easiest way to place a diversified bet on value stocks’ relative strength is with exchange traded funds. One with the lowest expenses is the Vanguard S&amp;P 500 Value ETF VOOV, with an expense ratio of 0.10%.</p><h3>Highly regarded value stocks</h3><p>If you want to bet on individual value securities, the following table lists value stocks that are recommended by at least three of the top-performing newsletters my firm monitors. To qualify for this table, their price-to-book and price-to-earnings (P/E) ratios had to be lower than those of the S&amp;P 500 SPX, and their dividend yields had to be higher. (The ratios and yields in the table are from FactSet.)</p><p><img src=\"https://static.tigerbbs.com/62362e49ecaff2bb62ab6245a8f98ffc\" tg-width=\"879\" tg-height=\"592\" width=\"100%\" height=\"auto\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CMCSA":"康卡斯特","FDX":"联邦快递","CVS":"西维斯健康"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1140313568","content_text":"Value stocks have broken a correlation with inflation expectations, suggesting they have staying power.Value stocks over the past two months have become even more compelling investments.Value stocks significantly outperformed growth stocks in the past century, though there have been long stretches that reversed the trend, including the last decade. Growth’s outperformance in recent years means value stocks are now relatively cheaper than at any other time in U.S. history. (Value stocks can be defined as having low prices relative to their net worth. For growth stocks, it’s the opposite.)Many advisers argued that cheap valuations alone made value stocks compelling bets to once again outperform growth. But they still had to battle the widespread Wall Street narrative that value tends to beat growth only in rising-inflation environments. While this narrative supported the value-stock thesis last year and this year, it made value stocks’ relative strength vulnerable to any decline in inflation expectations.This narrative started to break down in mid-August, however, as you can see from the accompanying chart, above. Notice how, in the months prior to then, value stocks’ relative strength over growth tended to rise and fall in a close correlation with the 10-year breakeven inflation rate. This stopped being the case two months ago. Even as the 10-year breakeven inflation rate has trended strongly downward, value stocks’ relative strength has trended strongly upward.What happened? My hunch is that an increasing number of investors on Wall Street came to realize that there is no good theoretical reason to expect value stocks’ relative strength to be correlated with inflation. (I devoted a column earlier this year to this absence of a good theoretical foundation, and I refer you to it for a fuller discussion.)Wall Street’s newfound realization may have come just in time to rescue value stocks from declining inflation expectations. Though high inflation is proving less transitory than many, including the Federal Reserve, initially thought, most believe that inflation will be slowing soon. The consensus of “America’s top business economists,” as polled by Wolters Kluwer’s Blue Chip Economic Indicators, is that the Consumer Price Index will be 3.9% in 2023.The easiest way to place a diversified bet on value stocks’ relative strength is with exchange traded funds. One with the lowest expenses is the Vanguard S&P 500 Value ETF VOOV, with an expense ratio of 0.10%.Highly regarded value stocksIf you want to bet on individual value securities, the following table lists value stocks that are recommended by at least three of the top-performing newsletters my firm monitors. To qualify for this table, their price-to-book and price-to-earnings (P/E) ratios had to be lower than those of the S&P 500 SPX, and their dividend yields had to be higher. (The ratios and yields in the table are from FactSet.)","news_type":1,"symbols_score_info":{"CMCSA":0.9,"CVS":0.9,"FDX":0.9}},"isVote":1,"tweetType":1,"viewCount":1016,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":888674674,"gmtCreate":1631496700498,"gmtModify":1676530557281,"author":{"id":"4089777453696550","authorId":"4089777453696550","name":"soosoo","avatar":"https://static.tigerbbs.com/a7a8e4a0c1e8d4b7bf1e9db91cfaffc8","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089777453696550","idStr":"4089777453696550"},"themes":[],"htmlText":"Good news","listText":"Good news","text":"Good news","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/888674674","repostId":"1189681182","repostType":4,"repost":{"id":"1189681182","kind":"news","pubTimestamp":1631495782,"share":"https://ttm.financial/m/news/1189681182?lang=en_US&edition=fundamental","pubTime":"2021-09-13 09:16","market":"us","language":"en","title":"Secret to Apple’s iPhone Sales Boom: Big 5G Deals From Wireless Carriers","url":"https://stock-news.laohu8.com/highlight/detail?id=1189681182","media":"WSJ","summary":"Apple Inc.’s iPhone sales have been booming since it launched models last year with ultrafast 5G cel","content":"<p>Apple Inc.’s&nbsp;iPhone sales have been booming since it launched models last year with ultrafast 5G cellular capability—boosted in large part by wireless companies’ attractive offers to get customers using the new technology.</p>\n<p>Verizon Communications Inc.,&nbsp;AT&amp;T Inc.&nbsp;and T-Mobile US Inc. &nbsp;have rolled out huge subsidies over the past year to retain customers and reduce the cost of buying new iPhones so users will upgrade to their 5G services. As Apple prepares to show off a new crop of 5G-enabled iPhones Tuesday, a big question is how long that expensive fight among the carriers for customers will continue to propel iPhone sales.</p>\n<p>The newest iPhones—set to be showcased at Apple’s annual September event, which will be livestreamed—are expected to be more evolutionary than revolutionary. Apple is expected to keep the small, regular and larger sizes and come out with improved camera capabilities.</p>\n<p>The expectations have set the stage for a less dramatic technological leap than last fall, when the phones added 5G, the first big update since the iPhone X in 2017 and the iPhone 6 in 2014. Those new phones helped fuel record sales in their respective inaugural 12 months.</p>\n<p>The Cupertino, Calif., company is on pace to sell a record 239 million iPhones in the fiscal year that ends later this month, a 27% increase from the previous year, according to estimates by analysts surveyed by FactSet. Apple no longer breaks out units shipped but has said iPhone revenue rose 38% in the first nine months of the fiscal year.</p>\n<p>Asked several times this year about the potential for continued growth, Chief Executive Tim Cook has remained optimistic. “We’re in the very early innings of 5G,” he told analysts in July. “If you look at 5G penetration around the world, there’s only a couple of countries that are in the double-digits yet. And so that’s an amazing thing nine months or so into this.”</p>\n<p>Less than 5% of U.S. buyers actually cited the 5G technology as a motivator to buy their phones, according to customer surveys conducted by Consumer Intelligence Research Partners. The three big mobile network operators have been building out their capabilities for the fifth-generation cellular standard, which holds the promise of moving data over the air quicker and in more volume than before, helping improve the quality of video chats, improve online videogames and usher in new uses.</p>\n<p>But the lack of a killer use for 5G has meant a lot of people haven’t paid attention to it. “The people we talked to for surveys don’t even know about it,” said Michael Levin, Consumer Intelligence Research co-founder.</p>\n<p>5G wasn’t a factor for Justin Jacob, a 25-year-old copywriter in suburban Detroit. Instead, he said, his interest was piqued by updates to the phone’s cameras, and he was ultimately convinced to ditch his iPhone XS for the iPhone 12 Pro, which starts at $999, because of a deal offered by Verizon last fall.</p>\n<p>Mr. Jacob said the carrier offered him around $500 for his old phone and a monthly payment of $21 over 18 months for the new one while his previous carrier offered $245 for a trade-in and wanted money up front for the next device. “It was just the best deal I’ve ever had,” he said. “And my wife did the same thing.”</p>\n<p>They weren’t alone in landing sweet deals. The arrival of mainstream 5G phones in the U.S. last fall was seen as a potential catalyst for carriers to poach customers from rivals, especially as a large number of iPhone users were seen as ripe for upgrading after putting it off for several years. The carriers have been investing heavily to build out their 5G networks and have incentive to show a continuing customer base for the new offerings.</p>\n<p>The latest battle between carriers began to emerge ahead of the iPhone 12’s arrival. Last year, AT&amp;T, which had a lot of legacy iPhone users, started targeting incentives at existing customers to upgrade rather than just trying to lure new ones in from competitors, said Cliff Maldonado, principal analyst for BayStreet Research.</p>\n<p>“The carriers are fighting like mad,” Mr. Maldonado said. “I tell my clients it can get a lot more aggressive because every carrier has reasons to grow.”</p>\n<p>Carriers more than doubled their incentive spending during the past three quarters compared with a year earlier, according to estimates by BayStreet Research, which tracks device sales. The average customer saw around $200 of benefit compared with about $100 a year earlier, the consulting firm’s data estimates.</p>\n<p>The advertised deals had some eye-popping numbers, including offering some customers brand-new devices for no money down or small monthly payments stretched over many months. Recently AT&amp;T was offering up to $700 credits for trades for a new iPhone Pro that would then cost $8.31 a month for three years.</p>\n<p>Some industry observers have questioned how long the carrier will continue the fight. Asked by an analyst in August if AT&amp;T might rein in its subsidies spending, Chief Financial Officer Pascal Desroches said the company was happy with the results. “The offers that we have out there are competitive, and they’re very profitable for us,” he said. “So for the foreseeable future, I don’t see any changes in that.”</p>\n<p>In many ways, it is a return to the original way customers acquired their iPhones when they were heavily subsidized by the carriers eager to win business and lock users into two-year contracts. But as the smartphone market matured, carriers shifted their strategies around 2014 to put the phone’s cost on the customers’ shoulders through monthly payment plans.</p>\n<p>As customers, such as Mr. Jacob, benefit from a return to a carrier-subsidized phone, so does Apple, especially as buyers gravitate to the more expensive models.</p>\n<p>The tech giant is seeing the average selling price of iPhones rise 12% to $829 this fiscal year, according to analyst estimates. The higher price has helped contribute to three consecutive blockbuster quarters this fiscal year and, according to analyst expectations, puts Apple on track to possibly earn a record of more than $93 billion for the fiscal year that ends this month.</p>\n<p>“Anything that reduces the price to the customer is good for the customer and obviously good for the carrier that’s doing it and good for us as well,” Mr. Cook said earlier this year. He said he believes carrier competition will continue. “And so it’s a win across the board.”</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>Secret to Apple’s iPhone Sales Boom: Big 5G Deals From Wireless Carriers</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\">\nSecret to Apple’s iPhone Sales Boom: Big 5G Deals From Wireless Carriers\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-13 09:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/secret-to-apples-iphone-sales-boom-big-5g-deals-from-wireless-carriers-11631448003?mod=hp_lead_pos4><strong>WSJ</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple Inc.’s iPhone sales have been booming since it launched models last year with ultrafast 5G cellular capability—boosted in large part by wireless companies’ attractive offers to get customers ...</p>\n\n<a href=\"https://www.wsj.com/articles/secret-to-apples-iphone-sales-boom-big-5g-deals-from-wireless-carriers-11631448003?mod=hp_lead_pos4\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","T":"At&T","TMUS":"T-Mobile US Inc","VZ":"Verizon Comms"},"source_url":"https://www.wsj.com/articles/secret-to-apples-iphone-sales-boom-big-5g-deals-from-wireless-carriers-11631448003?mod=hp_lead_pos4","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1189681182","content_text":"Apple Inc.’s iPhone sales have been booming since it launched models last year with ultrafast 5G cellular capability—boosted in large part by wireless companies’ attractive offers to get customers using the new technology.\nVerizon Communications Inc., AT&T Inc. and T-Mobile US Inc.  have rolled out huge subsidies over the past year to retain customers and reduce the cost of buying new iPhones so users will upgrade to their 5G services. As Apple prepares to show off a new crop of 5G-enabled iPhones Tuesday, a big question is how long that expensive fight among the carriers for customers will continue to propel iPhone sales.\nThe newest iPhones—set to be showcased at Apple’s annual September event, which will be livestreamed—are expected to be more evolutionary than revolutionary. Apple is expected to keep the small, regular and larger sizes and come out with improved camera capabilities.\nThe expectations have set the stage for a less dramatic technological leap than last fall, when the phones added 5G, the first big update since the iPhone X in 2017 and the iPhone 6 in 2014. Those new phones helped fuel record sales in their respective inaugural 12 months.\nThe Cupertino, Calif., company is on pace to sell a record 239 million iPhones in the fiscal year that ends later this month, a 27% increase from the previous year, according to estimates by analysts surveyed by FactSet. Apple no longer breaks out units shipped but has said iPhone revenue rose 38% in the first nine months of the fiscal year.\nAsked several times this year about the potential for continued growth, Chief Executive Tim Cook has remained optimistic. “We’re in the very early innings of 5G,” he told analysts in July. “If you look at 5G penetration around the world, there’s only a couple of countries that are in the double-digits yet. And so that’s an amazing thing nine months or so into this.”\nLess than 5% of U.S. buyers actually cited the 5G technology as a motivator to buy their phones, according to customer surveys conducted by Consumer Intelligence Research Partners. The three big mobile network operators have been building out their capabilities for the fifth-generation cellular standard, which holds the promise of moving data over the air quicker and in more volume than before, helping improve the quality of video chats, improve online videogames and usher in new uses.\nBut the lack of a killer use for 5G has meant a lot of people haven’t paid attention to it. “The people we talked to for surveys don’t even know about it,” said Michael Levin, Consumer Intelligence Research co-founder.\n5G wasn’t a factor for Justin Jacob, a 25-year-old copywriter in suburban Detroit. Instead, he said, his interest was piqued by updates to the phone’s cameras, and he was ultimately convinced to ditch his iPhone XS for the iPhone 12 Pro, which starts at $999, because of a deal offered by Verizon last fall.\nMr. Jacob said the carrier offered him around $500 for his old phone and a monthly payment of $21 over 18 months for the new one while his previous carrier offered $245 for a trade-in and wanted money up front for the next device. “It was just the best deal I’ve ever had,” he said. “And my wife did the same thing.”\nThey weren’t alone in landing sweet deals. The arrival of mainstream 5G phones in the U.S. last fall was seen as a potential catalyst for carriers to poach customers from rivals, especially as a large number of iPhone users were seen as ripe for upgrading after putting it off for several years. The carriers have been investing heavily to build out their 5G networks and have incentive to show a continuing customer base for the new offerings.\nThe latest battle between carriers began to emerge ahead of the iPhone 12’s arrival. Last year, AT&T, which had a lot of legacy iPhone users, started targeting incentives at existing customers to upgrade rather than just trying to lure new ones in from competitors, said Cliff Maldonado, principal analyst for BayStreet Research.\n“The carriers are fighting like mad,” Mr. Maldonado said. “I tell my clients it can get a lot more aggressive because every carrier has reasons to grow.”\nCarriers more than doubled their incentive spending during the past three quarters compared with a year earlier, according to estimates by BayStreet Research, which tracks device sales. The average customer saw around $200 of benefit compared with about $100 a year earlier, the consulting firm’s data estimates.\nThe advertised deals had some eye-popping numbers, including offering some customers brand-new devices for no money down or small monthly payments stretched over many months. Recently AT&T was offering up to $700 credits for trades for a new iPhone Pro that would then cost $8.31 a month for three years.\nSome industry observers have questioned how long the carrier will continue the fight. Asked by an analyst in August if AT&T might rein in its subsidies spending, Chief Financial Officer Pascal Desroches said the company was happy with the results. “The offers that we have out there are competitive, and they’re very profitable for us,” he said. “So for the foreseeable future, I don’t see any changes in that.”\nIn many ways, it is a return to the original way customers acquired their iPhones when they were heavily subsidized by the carriers eager to win business and lock users into two-year contracts. But as the smartphone market matured, carriers shifted their strategies around 2014 to put the phone’s cost on the customers’ shoulders through monthly payment plans.\nAs customers, such as Mr. Jacob, benefit from a return to a carrier-subsidized phone, so does Apple, especially as buyers gravitate to the more expensive models.\nThe tech giant is seeing the average selling price of iPhones rise 12% to $829 this fiscal year, according to analyst estimates. The higher price has helped contribute to three consecutive blockbuster quarters this fiscal year and, according to analyst expectations, puts Apple on track to possibly earn a record of more than $93 billion for the fiscal year that ends this month.\n“Anything that reduces the price to the customer is good for the customer and obviously good for the carrier that’s doing it and good for us as well,” Mr. Cook said earlier this year. He said he believes carrier competition will continue. “And so it’s a win across the board.”","news_type":1,"symbols_score_info":{"T":0.9,"VZ":0.9,"AAPL":0.9,"TMUS":0.9}},"isVote":1,"tweetType":1,"viewCount":733,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":815987025,"gmtCreate":1630635937967,"gmtModify":1676530362507,"author":{"id":"4089777453696550","authorId":"4089777453696550","name":"soosoo","avatar":"https://static.tigerbbs.com/a7a8e4a0c1e8d4b7bf1e9db91cfaffc8","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089777453696550","idStr":"4089777453696550"},"themes":[],"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/815987025","repostId":"2164829818","repostType":4,"isVote":1,"tweetType":1,"viewCount":778,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9928693790,"gmtCreate":1671252058710,"gmtModify":1676538516064,"author":{"id":"4089777453696550","authorId":"4089777453696550","name":"soosoo","avatar":"https://static.tigerbbs.com/a7a8e4a0c1e8d4b7bf1e9db91cfaffc8","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089777453696550","idStr":"4089777453696550"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9928693790","repostId":"2292004292","repostType":4,"isVote":1,"tweetType":1,"viewCount":593,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9932138310,"gmtCreate":1662891047631,"gmtModify":1676537158638,"author":{"id":"4089777453696550","authorId":"4089777453696550","name":"soosoo","avatar":"https://static.tigerbbs.com/a7a8e4a0c1e8d4b7bf1e9db91cfaffc8","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089777453696550","idStr":"4089777453696550"},"themes":[],"htmlText":"Oksy","listText":"Oksy","text":"Oksy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9932138310","repostId":"2266817381","repostType":4,"repost":{"id":"2266817381","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1662861434,"share":"https://ttm.financial/m/news/2266817381?lang=en_US&edition=fundamental","pubTime":"2022-09-11 09:57","market":"us","language":"en","title":"How a CEO Rescued a Big Bet on Big Oil; \"There Were a Lot of Doubters\"","url":"https://stock-news.laohu8.com/highlight/detail?id=2266817381","media":"Dow Jones","summary":"Occidental Petroleum Corp. entered the thick of the pandemic among the worst prepared of its U.S. oi","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/be5cb2e717152d9e61504d0803ac3654\" tg-width=\"1278\" tg-height=\"1278\" referrerpolicy=\"no-referrer\"/>Occidental Petroleum Corp. entered the thick of the pandemic among the worst prepared of its U.S. oil-and-gas peers. Struggling with debt from an ill-timed $38 billion deal, Chief ExecutiveVicki Hollubwas fending off activist investorCarl Icahn, who controlled two board seats.</p><p>Two years later, the company has emerged as the top performer in the S&amp;P 500, and Ms. Hollub has traded Mr. Icahn, who sold all of his Occidental shares in March, for Warren Buffett, whoseBerkshire Hathaway Inc. now owns more than 20% of the company.</p><p>It was touch and go for a time. Months before the pandemic took hold, she implemented widespread layoffs. To stave off bankruptcy after oil prices collapsed in 2020, she slashed spending and nearly eliminated Occidental’s once-sacrosanct dividend—“the biggest and toughest decision that I made and I’ve ever made in my career,” she said in an interview.</p><p>Her 2019 acquisition of rival Anadarko Petroleum Corp., which Mr. Icahn called a “disaster,” has given Occidental the dominant position in the largest U.S. shale-oil field, the Permian Basin. Lifted by climbing oil prices, Occidental generated a record $4.35 billion in free cash flow and $3.7 billion in profit in the second quarter. It has cut its debt to $22 billion from nearly $36 billion a year ago.</p><p><img src=\"https://static.tigerbbs.com/61847881fba325e1dc5c7ed3280e29db\" tg-width=\"1260\" tg-height=\"840\" referrerpolicy=\"no-referrer\"/>Oil-and-gas producers have reported banner profits this year, even as a global energy crisis sparked by Russia’s invasion of Ukraine has threatened to derail European industries, left the U.K. facing its worst economic crisis since the 1970s and forced the Netherlands, Germany and India to rely heavily on coal to make up for a dearth of natural gas.</p><p>But Ms. Hollub, the first woman to be CEO of a major U.S. oil company, says she doesn’t feel vindicated. “I just feel relief,” she said. “There were a lot of doubters.”</p><p>Mr. Buffett has publicly lauded Ms. Hollub’s leadership. After she detailed the company’s future plans for analysts in February, Mr. Buffett told his own shareholders, “What Vicki Hollub was saying made nothing but sense.” Last month, Berkshire received regulatory approval to buy up to 50% of the oil company’s shares, spurring speculation it might seek to purchase all of Occidental.</p><p>Mr. Buffett declined to comment for this story. Ms. Hollub said she has “tremendous respect” for Mr. Buffett, adding that “he will be very beneficial for us as we go forward.” She declined to discuss the possibility of Berkshire purchasing the entire company.</p><p>Some former investors remain skeptical, saying a spike in oil prices has rescued the company, not Ms. Hollub.</p><p>“I have nothing personal against Vicki,” Mr. Icahn said in an interview. “However, that will never change my mind that she should not have made a bet-the-company investment by way of overpaying for Anadarko.”</p><p>A University of Alabama graduate, Ms. Hollub joined Occidental in 1982 and soon found herself running operations in Russia and Venezuela. She almost got laid off in 2003, butTodd Stevens, an executive at the company who had followed her rise, arranged for her to lead a team evaluating acreage in Colorado, said Mr. Stevens, who has since left.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bf58d7d767a23cfb352e019504bafa44\" tg-width=\"1260\" tg-height=\"840\" referrerpolicy=\"no-referrer\"/><span>Equipment used to process carbon dioxide, crude oil and water at an Occidental Petroleum project in Hobbs, N.M.PHOTO:ERNEST SCHEYDER/REUTERS</span></p><p>Ms. Hollub became known as a hard worker, once spending three weeks straightening out operations at a new gas field’s first well, said Donnie Enns, a former geophysicist who worked under her. “Nobody worked harder than Vicki,” he said. She also found time to run an office March Madness basketball pool.</p><p>After being named CEO of the company in 2016, Ms. Hollub departed from her predecessor’s preference for low-risk, “bolt-on” transactions. A little over a year into the job, she started courting Anadarko, an oil producer of comparable size, for a deal.</p><p>She outflanked largerChevronCorp. in a bidding war that riveted the oil patch, offering $5 billion more than her rival for Anadarko and its prized assets in the epicenter of U.S. shale production. Yet victory came at a steep cost.</p><p>Some of Occidental’s largest shareholders decried the deal—especially a pricey loan from Mr. Buffett in the form of $10 billion in preferred stock paying 8% annually in dividends, or $800 million. Ms. Hollub negotiated the funding at the eleventh hour after meeting with the financier in Omaha, Neb. Mr. Icahn, who first bought stock as the Anadarko bidding war came to a close, wrote to Occidental shareholders that “Buffett figuratively took her to the cleaners.”</p><p>Ms. Hollub acknowledged the deal damaged the company’s standing with some investors. “I was never offended at the fact that our shareholders were skeptical,” she said.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/58cf5cd81991220ec1f42821cee2554b\" tg-width=\"639\" tg-height=\"959\" referrerpolicy=\"no-referrer\"/><span>Vicki Hollub said she never doubted the wisdom of the Anadarko acquisition.PHOTO:ANGELA OWENS/THE WALL STREET JOURNAL</span></p><p>But she said she never doubted the wisdom of the acquisition, even after it sparked an investor revolt that created an opportunity for Mr. Icahn.</p><p>Central to Ms. Hollub’s strategy was building on Occidental’s already-large position in the oil-rich Permian of West Texas and New Mexico. She believed purchasing and drilling a huge swath of new acreage, much of it near the company’s existing assets, would give Occidental economies of scale and allow it to outperform Permian rivals. Occidental, she said, was one of the most technologically advanced drillers in the field; it would turn Anadarko’s undeveloped assets into oil-gushing wells.</p><p>By the end of 2019, the oil producer said it was making progress on its merger goals. It had divested itself of more than $6 billion in assets, including stakes in a liquefied natural gas export project in Mozambique and in a Houston-based pipeline company. Occidental recorded single-day and monthly production records in the Permian and other oil fields. Occidental announced its 182nd consecutive quarterly dividend, which Ms. Hollub noted at the time that “few other companies can claim.”</p><p>Ms. Hollub believed the merger was on track, but investors remained skeptical. From the time of Occidental’s counteroffer for Anadarko in April 2019 to February 2020 Occidental’s stock fell around 35%. Then the global pandemic took hold.</p><p>As billions of people around the world began to lock down, demand for oil plummeted. In the spring, oil prices reached historic lows, briefly turning negative for the first time ever as traders paid counterparties to take oil off their hands. Falling demand for their product hammered oil-and-gas companies, forcing dozens into bankruptcy.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9090db9eab1ac4c91bd5b1b441d26206\" tg-width=\"1260\" tg-height=\"840\" referrerpolicy=\"no-referrer\"/><span>Gasoline prices sank in April 2020 after the global pandemic caused oil prices to drop below zero.PHOTO:FREDERIC J. BROWN/AGENCE FRANCE-PRESSE/GETTY IMAGES</span></p><p>Every day, Ms. Hollub would drive to Occidental’s Houston offices in her red Jeep Wrangler, said Glenn Vangolen, a former senior vice president at Occidental and close adviser to the CEO. Mondays and Fridays, she and her lieutenants would mask up and gather in a conference room to discuss operations. Her office was spartan—a mostly bare room, except for a TV playing business news on mute, and a plush stuffed version of a costumed elephant, the Alabama Crimson Tide’s mascot, Mr. Vangolen said.</p><p>Occidental was in a worse situation than many of its peers: At the end of 2019, its long-term debt of about $39 billion was equivalent to roughly four times its earnings, excluding interest, taxes and other accounting items, quadruple the ratio from a year earlier, S&amp;P Capital IQ data show. The divestitures it had planned on to pay it down were no longer viable as assets were losing value.</p><p>Ms. Hollub said that Occidental made a lot of the difficult decisions before the pandemic to mitigate the downside risks of the Anadarko acquisition, including hedging a portion of its oil production and bumping its line of credit to $5 billion. But the company still faced painful months ahead as it had barely enough cash on hand to meet debt maturities coming due in 2021 and was later forced to hire restructuring advisers.</p><p>Ms. Hollub moved to cut her executives’ salaries—including her own by 81%—offer employees voluntary buy-outs, slash expenses in the oil patch and cancel employee perks. She also cut the dividend, which rankled investors.</p><p>Mr. Icahn amplified his calls for Ms. Hollub’s ouster and said he would seek to replace the entire board of directors at the company’s annual meeting. As the oil producer’s stock plunged to under $10 from around $45 before the pandemic, Mr. Icahn—facing paper losses of about $1 billion—doubled down on his shares, boosting his stake to roughly 10% from about 2%.</p><p>After a price war between Russia and Saudi Arabia caused oil prices to plunge below $25 a barrel in March, Occidental reached a settlement with Mr. Icahn. The deal gave board seats to two of his deputies and added another director, required Occidental to create an oversight committee that must be informed of any offers to acquire the company or its assets, and replaced the board chairman withStephen Chazen, Ms. Hollub’s predecessor as CEO.</p><p>Mr. Icahn’s camp pushed for Occidental to give its shareholders warrants that could allow them to buy discounted shares in the future. After he prevailed, Mr. Icahn received roughly 11 million warrants initially and bought more when they were worth around $3.</p><p>Mr. Vangolen said Mr. Icahn’s demand for warrants was part of the investor’s “raider playbook,” which he described as “trying to extract as much cash out of the business as you can before you bail.”</p><p>Mr. Icahn said that all the shareholders who rode the stock down deserved something for their loyalty.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3af2c050a88b00dd9846de958b65be1b\" tg-width=\"1260\" tg-height=\"840\" referrerpolicy=\"no-referrer\"/><span>A crude oil pump jack in the Permian Basin in Loving County, Texas.PHOTO:ANGUS MORDANT/REUTERS</span></p><p>As the pandemic dragged on, Occidental logged a roughly $14.8 billion loss for 2020, its largest on record, according to S&amp;P Capital IQ data. Still, it continued to whittle down its mammoth debt, closing around $2.5 billion in asset sales at the end of 2020. Anadarko’s assets, meanwhile, were starting to shine, with production in the Permian reaching the high end of company estimates.</p><p>Even as Ms. Hollub wrestled with Mr. Icahn, she was building a relationship with Mr. Buffett.</p><p>In 2020, she traveled to Omaha to discuss Occidental&#39;s long-term strategy with Mr. Buffett, according to a person familiar with the meeting. The investor expressed a strong interest in the company&#39;s goal to become a leader in carbon capture, this person said.</p><p>Occidental says it has no plans to stop producing oil but also aims to be a leader in &#34;carbon management.&#34; It wants to develop 70 plants by 2035 to suck carbon dioxide out of the air, store it in the ground and sell carbon credits to businesses seeking to offset their own emissions -- a technology still in its commercial infancy that received a boost thanks to tax credits included in the climate package President Biden signed into law last month. The company also plans to use the gas to squeeze more oil from underground.</p><p>Then, in late February of this year, Russia invaded Ukraine.</p><p>The war propelled oil prices to their highest level in years, with Brent crude oil topping $120 in March, translating into a windfall for oil companies. In the first quarter of the year, Occidental made roughly $4.9 billion in profit, its highest quarterly earnings on record, according to S&amp;P Capital IQ.</p><p>The company now holds the most acreage across the Permian, with leases covering about 2.8 million net acres, according to data firm Enverus. Its domestic oil output in the second quarter of this year was up roughly 80% compared with before it acquired Anadarko, Occidental reported.</p><p>As Occidental&#39;s stock rose above $50 a share in March, Mr. Icahn sold his common stake. The investor&#39;s two representatives on Occidental&#39;s board also resigned, as was required by the settlement agreement. Mr. Icahn made over $1.5 billion on his investment and still holds some warrants, according to public filings and people familiar with the matter.</p><p>As Mr. Icahn got out of the stock, Mr. Buffett bought in. In May, Berkshire reported it had purchased roughly $8 billion worth of shares.</p><p>Mr. Icahn said that Mr. Buffett&#39;s investment could be ill-timed. &#34;I respect Buffett a lot but I think buying this stock at this level is obviously not like buying warrants at $3,&#34; he said. &#34;I made a great deal of money on my investment in Occidental, especially with the warrants, and activism worked in that regard,&#34; he said.</p><p>Ms. Hollub and Mr. Buffett have developed a personal relationship and the two talk periodically, said Mr. Vangolen. Ms. Hollub said in an interview she had no personal relationship with Mr. Icahn when he was an investor, and that he turned out not to be the kind of long-term shareholder the company prizes.</p><p>Mr. Icahn&#39;s retort: &#34;She came very close to not being a long-term shareholder also, because her ill-timed investment put the company on the brink of bankruptcy.&#34;</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>How a CEO Rescued a Big Bet on Big Oil; \"There Were a Lot of Doubters\"</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHow a CEO Rescued a Big Bet on Big Oil; \"There Were a Lot of Doubters\"\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-09-11 09:57</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><img src=\"https://static.tigerbbs.com/be5cb2e717152d9e61504d0803ac3654\" tg-width=\"1278\" tg-height=\"1278\" referrerpolicy=\"no-referrer\"/>Occidental Petroleum Corp. entered the thick of the pandemic among the worst prepared of its U.S. oil-and-gas peers. Struggling with debt from an ill-timed $38 billion deal, Chief ExecutiveVicki Hollubwas fending off activist investorCarl Icahn, who controlled two board seats.</p><p>Two years later, the company has emerged as the top performer in the S&amp;P 500, and Ms. Hollub has traded Mr. Icahn, who sold all of his Occidental shares in March, for Warren Buffett, whoseBerkshire Hathaway Inc. now owns more than 20% of the company.</p><p>It was touch and go for a time. Months before the pandemic took hold, she implemented widespread layoffs. To stave off bankruptcy after oil prices collapsed in 2020, she slashed spending and nearly eliminated Occidental’s once-sacrosanct dividend—“the biggest and toughest decision that I made and I’ve ever made in my career,” she said in an interview.</p><p>Her 2019 acquisition of rival Anadarko Petroleum Corp., which Mr. Icahn called a “disaster,” has given Occidental the dominant position in the largest U.S. shale-oil field, the Permian Basin. Lifted by climbing oil prices, Occidental generated a record $4.35 billion in free cash flow and $3.7 billion in profit in the second quarter. It has cut its debt to $22 billion from nearly $36 billion a year ago.</p><p><img src=\"https://static.tigerbbs.com/61847881fba325e1dc5c7ed3280e29db\" tg-width=\"1260\" tg-height=\"840\" referrerpolicy=\"no-referrer\"/>Oil-and-gas producers have reported banner profits this year, even as a global energy crisis sparked by Russia’s invasion of Ukraine has threatened to derail European industries, left the U.K. facing its worst economic crisis since the 1970s and forced the Netherlands, Germany and India to rely heavily on coal to make up for a dearth of natural gas.</p><p>But Ms. Hollub, the first woman to be CEO of a major U.S. oil company, says she doesn’t feel vindicated. “I just feel relief,” she said. “There were a lot of doubters.”</p><p>Mr. Buffett has publicly lauded Ms. Hollub’s leadership. After she detailed the company’s future plans for analysts in February, Mr. Buffett told his own shareholders, “What Vicki Hollub was saying made nothing but sense.” Last month, Berkshire received regulatory approval to buy up to 50% of the oil company’s shares, spurring speculation it might seek to purchase all of Occidental.</p><p>Mr. Buffett declined to comment for this story. Ms. Hollub said she has “tremendous respect” for Mr. Buffett, adding that “he will be very beneficial for us as we go forward.” She declined to discuss the possibility of Berkshire purchasing the entire company.</p><p>Some former investors remain skeptical, saying a spike in oil prices has rescued the company, not Ms. Hollub.</p><p>“I have nothing personal against Vicki,” Mr. Icahn said in an interview. “However, that will never change my mind that she should not have made a bet-the-company investment by way of overpaying for Anadarko.”</p><p>A University of Alabama graduate, Ms. Hollub joined Occidental in 1982 and soon found herself running operations in Russia and Venezuela. She almost got laid off in 2003, butTodd Stevens, an executive at the company who had followed her rise, arranged for her to lead a team evaluating acreage in Colorado, said Mr. Stevens, who has since left.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bf58d7d767a23cfb352e019504bafa44\" tg-width=\"1260\" tg-height=\"840\" referrerpolicy=\"no-referrer\"/><span>Equipment used to process carbon dioxide, crude oil and water at an Occidental Petroleum project in Hobbs, N.M.PHOTO:ERNEST SCHEYDER/REUTERS</span></p><p>Ms. Hollub became known as a hard worker, once spending three weeks straightening out operations at a new gas field’s first well, said Donnie Enns, a former geophysicist who worked under her. “Nobody worked harder than Vicki,” he said. She also found time to run an office March Madness basketball pool.</p><p>After being named CEO of the company in 2016, Ms. Hollub departed from her predecessor’s preference for low-risk, “bolt-on” transactions. A little over a year into the job, she started courting Anadarko, an oil producer of comparable size, for a deal.</p><p>She outflanked largerChevronCorp. in a bidding war that riveted the oil patch, offering $5 billion more than her rival for Anadarko and its prized assets in the epicenter of U.S. shale production. Yet victory came at a steep cost.</p><p>Some of Occidental’s largest shareholders decried the deal—especially a pricey loan from Mr. Buffett in the form of $10 billion in preferred stock paying 8% annually in dividends, or $800 million. Ms. Hollub negotiated the funding at the eleventh hour after meeting with the financier in Omaha, Neb. Mr. Icahn, who first bought stock as the Anadarko bidding war came to a close, wrote to Occidental shareholders that “Buffett figuratively took her to the cleaners.”</p><p>Ms. Hollub acknowledged the deal damaged the company’s standing with some investors. “I was never offended at the fact that our shareholders were skeptical,” she said.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/58cf5cd81991220ec1f42821cee2554b\" tg-width=\"639\" tg-height=\"959\" referrerpolicy=\"no-referrer\"/><span>Vicki Hollub said she never doubted the wisdom of the Anadarko acquisition.PHOTO:ANGELA OWENS/THE WALL STREET JOURNAL</span></p><p>But she said she never doubted the wisdom of the acquisition, even after it sparked an investor revolt that created an opportunity for Mr. Icahn.</p><p>Central to Ms. Hollub’s strategy was building on Occidental’s already-large position in the oil-rich Permian of West Texas and New Mexico. She believed purchasing and drilling a huge swath of new acreage, much of it near the company’s existing assets, would give Occidental economies of scale and allow it to outperform Permian rivals. Occidental, she said, was one of the most technologically advanced drillers in the field; it would turn Anadarko’s undeveloped assets into oil-gushing wells.</p><p>By the end of 2019, the oil producer said it was making progress on its merger goals. It had divested itself of more than $6 billion in assets, including stakes in a liquefied natural gas export project in Mozambique and in a Houston-based pipeline company. Occidental recorded single-day and monthly production records in the Permian and other oil fields. Occidental announced its 182nd consecutive quarterly dividend, which Ms. Hollub noted at the time that “few other companies can claim.”</p><p>Ms. Hollub believed the merger was on track, but investors remained skeptical. From the time of Occidental’s counteroffer for Anadarko in April 2019 to February 2020 Occidental’s stock fell around 35%. Then the global pandemic took hold.</p><p>As billions of people around the world began to lock down, demand for oil plummeted. In the spring, oil prices reached historic lows, briefly turning negative for the first time ever as traders paid counterparties to take oil off their hands. Falling demand for their product hammered oil-and-gas companies, forcing dozens into bankruptcy.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9090db9eab1ac4c91bd5b1b441d26206\" tg-width=\"1260\" tg-height=\"840\" referrerpolicy=\"no-referrer\"/><span>Gasoline prices sank in April 2020 after the global pandemic caused oil prices to drop below zero.PHOTO:FREDERIC J. BROWN/AGENCE FRANCE-PRESSE/GETTY IMAGES</span></p><p>Every day, Ms. Hollub would drive to Occidental’s Houston offices in her red Jeep Wrangler, said Glenn Vangolen, a former senior vice president at Occidental and close adviser to the CEO. Mondays and Fridays, she and her lieutenants would mask up and gather in a conference room to discuss operations. Her office was spartan—a mostly bare room, except for a TV playing business news on mute, and a plush stuffed version of a costumed elephant, the Alabama Crimson Tide’s mascot, Mr. Vangolen said.</p><p>Occidental was in a worse situation than many of its peers: At the end of 2019, its long-term debt of about $39 billion was equivalent to roughly four times its earnings, excluding interest, taxes and other accounting items, quadruple the ratio from a year earlier, S&amp;P Capital IQ data show. The divestitures it had planned on to pay it down were no longer viable as assets were losing value.</p><p>Ms. Hollub said that Occidental made a lot of the difficult decisions before the pandemic to mitigate the downside risks of the Anadarko acquisition, including hedging a portion of its oil production and bumping its line of credit to $5 billion. But the company still faced painful months ahead as it had barely enough cash on hand to meet debt maturities coming due in 2021 and was later forced to hire restructuring advisers.</p><p>Ms. Hollub moved to cut her executives’ salaries—including her own by 81%—offer employees voluntary buy-outs, slash expenses in the oil patch and cancel employee perks. She also cut the dividend, which rankled investors.</p><p>Mr. Icahn amplified his calls for Ms. Hollub’s ouster and said he would seek to replace the entire board of directors at the company’s annual meeting. As the oil producer’s stock plunged to under $10 from around $45 before the pandemic, Mr. Icahn—facing paper losses of about $1 billion—doubled down on his shares, boosting his stake to roughly 10% from about 2%.</p><p>After a price war between Russia and Saudi Arabia caused oil prices to plunge below $25 a barrel in March, Occidental reached a settlement with Mr. Icahn. The deal gave board seats to two of his deputies and added another director, required Occidental to create an oversight committee that must be informed of any offers to acquire the company or its assets, and replaced the board chairman withStephen Chazen, Ms. Hollub’s predecessor as CEO.</p><p>Mr. Icahn’s camp pushed for Occidental to give its shareholders warrants that could allow them to buy discounted shares in the future. After he prevailed, Mr. Icahn received roughly 11 million warrants initially and bought more when they were worth around $3.</p><p>Mr. Vangolen said Mr. Icahn’s demand for warrants was part of the investor’s “raider playbook,” which he described as “trying to extract as much cash out of the business as you can before you bail.”</p><p>Mr. Icahn said that all the shareholders who rode the stock down deserved something for their loyalty.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3af2c050a88b00dd9846de958b65be1b\" tg-width=\"1260\" tg-height=\"840\" referrerpolicy=\"no-referrer\"/><span>A crude oil pump jack in the Permian Basin in Loving County, Texas.PHOTO:ANGUS MORDANT/REUTERS</span></p><p>As the pandemic dragged on, Occidental logged a roughly $14.8 billion loss for 2020, its largest on record, according to S&amp;P Capital IQ data. Still, it continued to whittle down its mammoth debt, closing around $2.5 billion in asset sales at the end of 2020. Anadarko’s assets, meanwhile, were starting to shine, with production in the Permian reaching the high end of company estimates.</p><p>Even as Ms. Hollub wrestled with Mr. Icahn, she was building a relationship with Mr. Buffett.</p><p>In 2020, she traveled to Omaha to discuss Occidental&#39;s long-term strategy with Mr. Buffett, according to a person familiar with the meeting. The investor expressed a strong interest in the company&#39;s goal to become a leader in carbon capture, this person said.</p><p>Occidental says it has no plans to stop producing oil but also aims to be a leader in &#34;carbon management.&#34; It wants to develop 70 plants by 2035 to suck carbon dioxide out of the air, store it in the ground and sell carbon credits to businesses seeking to offset their own emissions -- a technology still in its commercial infancy that received a boost thanks to tax credits included in the climate package President Biden signed into law last month. The company also plans to use the gas to squeeze more oil from underground.</p><p>Then, in late February of this year, Russia invaded Ukraine.</p><p>The war propelled oil prices to their highest level in years, with Brent crude oil topping $120 in March, translating into a windfall for oil companies. In the first quarter of the year, Occidental made roughly $4.9 billion in profit, its highest quarterly earnings on record, according to S&amp;P Capital IQ.</p><p>The company now holds the most acreage across the Permian, with leases covering about 2.8 million net acres, according to data firm Enverus. Its domestic oil output in the second quarter of this year was up roughly 80% compared with before it acquired Anadarko, Occidental reported.</p><p>As Occidental&#39;s stock rose above $50 a share in March, Mr. Icahn sold his common stake. The investor&#39;s two representatives on Occidental&#39;s board also resigned, as was required by the settlement agreement. Mr. Icahn made over $1.5 billion on his investment and still holds some warrants, according to public filings and people familiar with the matter.</p><p>As Mr. Icahn got out of the stock, Mr. Buffett bought in. In May, Berkshire reported it had purchased roughly $8 billion worth of shares.</p><p>Mr. Icahn said that Mr. Buffett&#39;s investment could be ill-timed. &#34;I respect Buffett a lot but I think buying this stock at this level is obviously not like buying warrants at $3,&#34; he said. &#34;I made a great deal of money on my investment in Occidental, especially with the warrants, and activism worked in that regard,&#34; he said.</p><p>Ms. Hollub and Mr. Buffett have developed a personal relationship and the two talk periodically, said Mr. Vangolen. Ms. Hollub said in an interview she had no personal relationship with Mr. Icahn when he was an investor, and that he turned out not to be the kind of long-term shareholder the company prizes.</p><p>Mr. Icahn&#39;s retort: &#34;She came very close to not being a long-term shareholder also, because her ill-timed investment put the company on the brink of bankruptcy.&#34;</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"OXY":"西方石油","BK4534":"瑞士信贷持仓","BK4581":"高盛持仓","BK4550":"红杉资本持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","BRK.B":"伯克希尔B","BRK.A":"伯克希尔","BK4176":"多领域控股","BK4201":"综合性石油与天然气企业"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2266817381","content_text":"Occidental Petroleum Corp. entered the thick of the pandemic among the worst prepared of its U.S. oil-and-gas peers. Struggling with debt from an ill-timed $38 billion deal, Chief ExecutiveVicki Hollubwas fending off activist investorCarl Icahn, who controlled two board seats.Two years later, the company has emerged as the top performer in the S&P 500, and Ms. Hollub has traded Mr. Icahn, who sold all of his Occidental shares in March, for Warren Buffett, whoseBerkshire Hathaway Inc. now owns more than 20% of the company.It was touch and go for a time. Months before the pandemic took hold, she implemented widespread layoffs. To stave off bankruptcy after oil prices collapsed in 2020, she slashed spending and nearly eliminated Occidental’s once-sacrosanct dividend—“the biggest and toughest decision that I made and I’ve ever made in my career,” she said in an interview.Her 2019 acquisition of rival Anadarko Petroleum Corp., which Mr. Icahn called a “disaster,” has given Occidental the dominant position in the largest U.S. shale-oil field, the Permian Basin. Lifted by climbing oil prices, Occidental generated a record $4.35 billion in free cash flow and $3.7 billion in profit in the second quarter. It has cut its debt to $22 billion from nearly $36 billion a year ago.Oil-and-gas producers have reported banner profits this year, even as a global energy crisis sparked by Russia’s invasion of Ukraine has threatened to derail European industries, left the U.K. facing its worst economic crisis since the 1970s and forced the Netherlands, Germany and India to rely heavily on coal to make up for a dearth of natural gas.But Ms. Hollub, the first woman to be CEO of a major U.S. oil company, says she doesn’t feel vindicated. “I just feel relief,” she said. “There were a lot of doubters.”Mr. Buffett has publicly lauded Ms. Hollub’s leadership. After she detailed the company’s future plans for analysts in February, Mr. Buffett told his own shareholders, “What Vicki Hollub was saying made nothing but sense.” Last month, Berkshire received regulatory approval to buy up to 50% of the oil company’s shares, spurring speculation it might seek to purchase all of Occidental.Mr. Buffett declined to comment for this story. Ms. Hollub said she has “tremendous respect” for Mr. Buffett, adding that “he will be very beneficial for us as we go forward.” She declined to discuss the possibility of Berkshire purchasing the entire company.Some former investors remain skeptical, saying a spike in oil prices has rescued the company, not Ms. Hollub.“I have nothing personal against Vicki,” Mr. Icahn said in an interview. “However, that will never change my mind that she should not have made a bet-the-company investment by way of overpaying for Anadarko.”A University of Alabama graduate, Ms. Hollub joined Occidental in 1982 and soon found herself running operations in Russia and Venezuela. She almost got laid off in 2003, butTodd Stevens, an executive at the company who had followed her rise, arranged for her to lead a team evaluating acreage in Colorado, said Mr. Stevens, who has since left.Equipment used to process carbon dioxide, crude oil and water at an Occidental Petroleum project in Hobbs, N.M.PHOTO:ERNEST SCHEYDER/REUTERSMs. Hollub became known as a hard worker, once spending three weeks straightening out operations at a new gas field’s first well, said Donnie Enns, a former geophysicist who worked under her. “Nobody worked harder than Vicki,” he said. She also found time to run an office March Madness basketball pool.After being named CEO of the company in 2016, Ms. Hollub departed from her predecessor’s preference for low-risk, “bolt-on” transactions. A little over a year into the job, she started courting Anadarko, an oil producer of comparable size, for a deal.She outflanked largerChevronCorp. in a bidding war that riveted the oil patch, offering $5 billion more than her rival for Anadarko and its prized assets in the epicenter of U.S. shale production. Yet victory came at a steep cost.Some of Occidental’s largest shareholders decried the deal—especially a pricey loan from Mr. Buffett in the form of $10 billion in preferred stock paying 8% annually in dividends, or $800 million. Ms. Hollub negotiated the funding at the eleventh hour after meeting with the financier in Omaha, Neb. Mr. Icahn, who first bought stock as the Anadarko bidding war came to a close, wrote to Occidental shareholders that “Buffett figuratively took her to the cleaners.”Ms. Hollub acknowledged the deal damaged the company’s standing with some investors. “I was never offended at the fact that our shareholders were skeptical,” she said.Vicki Hollub said she never doubted the wisdom of the Anadarko acquisition.PHOTO:ANGELA OWENS/THE WALL STREET JOURNALBut she said she never doubted the wisdom of the acquisition, even after it sparked an investor revolt that created an opportunity for Mr. Icahn.Central to Ms. Hollub’s strategy was building on Occidental’s already-large position in the oil-rich Permian of West Texas and New Mexico. She believed purchasing and drilling a huge swath of new acreage, much of it near the company’s existing assets, would give Occidental economies of scale and allow it to outperform Permian rivals. Occidental, she said, was one of the most technologically advanced drillers in the field; it would turn Anadarko’s undeveloped assets into oil-gushing wells.By the end of 2019, the oil producer said it was making progress on its merger goals. It had divested itself of more than $6 billion in assets, including stakes in a liquefied natural gas export project in Mozambique and in a Houston-based pipeline company. Occidental recorded single-day and monthly production records in the Permian and other oil fields. Occidental announced its 182nd consecutive quarterly dividend, which Ms. Hollub noted at the time that “few other companies can claim.”Ms. Hollub believed the merger was on track, but investors remained skeptical. From the time of Occidental’s counteroffer for Anadarko in April 2019 to February 2020 Occidental’s stock fell around 35%. Then the global pandemic took hold.As billions of people around the world began to lock down, demand for oil plummeted. In the spring, oil prices reached historic lows, briefly turning negative for the first time ever as traders paid counterparties to take oil off their hands. Falling demand for their product hammered oil-and-gas companies, forcing dozens into bankruptcy.Gasoline prices sank in April 2020 after the global pandemic caused oil prices to drop below zero.PHOTO:FREDERIC J. BROWN/AGENCE FRANCE-PRESSE/GETTY IMAGESEvery day, Ms. Hollub would drive to Occidental’s Houston offices in her red Jeep Wrangler, said Glenn Vangolen, a former senior vice president at Occidental and close adviser to the CEO. Mondays and Fridays, she and her lieutenants would mask up and gather in a conference room to discuss operations. Her office was spartan—a mostly bare room, except for a TV playing business news on mute, and a plush stuffed version of a costumed elephant, the Alabama Crimson Tide’s mascot, Mr. Vangolen said.Occidental was in a worse situation than many of its peers: At the end of 2019, its long-term debt of about $39 billion was equivalent to roughly four times its earnings, excluding interest, taxes and other accounting items, quadruple the ratio from a year earlier, S&P Capital IQ data show. The divestitures it had planned on to pay it down were no longer viable as assets were losing value.Ms. Hollub said that Occidental made a lot of the difficult decisions before the pandemic to mitigate the downside risks of the Anadarko acquisition, including hedging a portion of its oil production and bumping its line of credit to $5 billion. But the company still faced painful months ahead as it had barely enough cash on hand to meet debt maturities coming due in 2021 and was later forced to hire restructuring advisers.Ms. Hollub moved to cut her executives’ salaries—including her own by 81%—offer employees voluntary buy-outs, slash expenses in the oil patch and cancel employee perks. She also cut the dividend, which rankled investors.Mr. Icahn amplified his calls for Ms. Hollub’s ouster and said he would seek to replace the entire board of directors at the company’s annual meeting. As the oil producer’s stock plunged to under $10 from around $45 before the pandemic, Mr. Icahn—facing paper losses of about $1 billion—doubled down on his shares, boosting his stake to roughly 10% from about 2%.After a price war between Russia and Saudi Arabia caused oil prices to plunge below $25 a barrel in March, Occidental reached a settlement with Mr. Icahn. The deal gave board seats to two of his deputies and added another director, required Occidental to create an oversight committee that must be informed of any offers to acquire the company or its assets, and replaced the board chairman withStephen Chazen, Ms. Hollub’s predecessor as CEO.Mr. Icahn’s camp pushed for Occidental to give its shareholders warrants that could allow them to buy discounted shares in the future. After he prevailed, Mr. Icahn received roughly 11 million warrants initially and bought more when they were worth around $3.Mr. Vangolen said Mr. Icahn’s demand for warrants was part of the investor’s “raider playbook,” which he described as “trying to extract as much cash out of the business as you can before you bail.”Mr. Icahn said that all the shareholders who rode the stock down deserved something for their loyalty.A crude oil pump jack in the Permian Basin in Loving County, Texas.PHOTO:ANGUS MORDANT/REUTERSAs the pandemic dragged on, Occidental logged a roughly $14.8 billion loss for 2020, its largest on record, according to S&P Capital IQ data. Still, it continued to whittle down its mammoth debt, closing around $2.5 billion in asset sales at the end of 2020. Anadarko’s assets, meanwhile, were starting to shine, with production in the Permian reaching the high end of company estimates.Even as Ms. Hollub wrestled with Mr. Icahn, she was building a relationship with Mr. Buffett.In 2020, she traveled to Omaha to discuss Occidental's long-term strategy with Mr. Buffett, according to a person familiar with the meeting. The investor expressed a strong interest in the company's goal to become a leader in carbon capture, this person said.Occidental says it has no plans to stop producing oil but also aims to be a leader in \"carbon management.\" It wants to develop 70 plants by 2035 to suck carbon dioxide out of the air, store it in the ground and sell carbon credits to businesses seeking to offset their own emissions -- a technology still in its commercial infancy that received a boost thanks to tax credits included in the climate package President Biden signed into law last month. The company also plans to use the gas to squeeze more oil from underground.Then, in late February of this year, Russia invaded Ukraine.The war propelled oil prices to their highest level in years, with Brent crude oil topping $120 in March, translating into a windfall for oil companies. In the first quarter of the year, Occidental made roughly $4.9 billion in profit, its highest quarterly earnings on record, according to S&P Capital IQ.The company now holds the most acreage across the Permian, with leases covering about 2.8 million net acres, according to data firm Enverus. Its domestic oil output in the second quarter of this year was up roughly 80% compared with before it acquired Anadarko, Occidental reported.As Occidental's stock rose above $50 a share in March, Mr. Icahn sold his common stake. The investor's two representatives on Occidental's board also resigned, as was required by the settlement agreement. Mr. Icahn made over $1.5 billion on his investment and still holds some warrants, according to public filings and people familiar with the matter.As Mr. Icahn got out of the stock, Mr. Buffett bought in. In May, Berkshire reported it had purchased roughly $8 billion worth of shares.Mr. Icahn said that Mr. Buffett's investment could be ill-timed. \"I respect Buffett a lot but I think buying this stock at this level is obviously not like buying warrants at $3,\" he said. \"I made a great deal of money on my investment in Occidental, especially with the warrants, and activism worked in that regard,\" he said.Ms. Hollub and Mr. Buffett have developed a personal relationship and the two talk periodically, said Mr. Vangolen. Ms. Hollub said in an interview she had no personal relationship with Mr. Icahn when he was an investor, and that he turned out not to be the kind of long-term shareholder the company prizes.Mr. Icahn's retort: \"She came very close to not being a long-term shareholder also, because her ill-timed investment put the company on the brink of bankruptcy.\"","news_type":1,"symbols_score_info":{"BRK.B":0.9,"OXY":0.9,"BRK.A":0.68}},"isVote":1,"tweetType":1,"viewCount":597,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9998734650,"gmtCreate":1661055550973,"gmtModify":1676536446494,"author":{"id":"4089777453696550","authorId":"4089777453696550","name":"soosoo","avatar":"https://static.tigerbbs.com/a7a8e4a0c1e8d4b7bf1e9db91cfaffc8","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089777453696550","idStr":"4089777453696550"},"themes":[],"htmlText":"Read","listText":"Read","text":"Read","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9998734650","repostId":"2260785313","repostType":4,"repost":{"id":"2260785313","kind":"highlight","pubTimestamp":1661045446,"share":"https://ttm.financial/m/news/2260785313?lang=en_US&edition=fundamental","pubTime":"2022-08-21 09:30","market":"us","language":"en","title":"No, There Is No New Short-Selling Champion in Tesla Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=2260785313","media":"Barrons","summary":"There was a stir in the Tesla investing community when a regulator filing indicated that asset manag","content":"<html><head></head><body><p>There was a stir in the Tesla investing community when a regulator filing indicated that asset manager Deer Park Road made a seemingly huge bet against Tesla stock using put options. The stir is just a tempest in a teapot. There is no new short-selling champion for Tesla bears to hoist onto their shoulders.</p><p>A put option is, generally speaking, a bearish bet. It gives the holder the right to sell a stock at a fixed price in the future. Holders of put options do better the lower a stock price falls.</p><p>A quarterly regulatory filing indicated that Deer Park had amassed put-option contracts representing more than 4.8 million shares of Tesla (ticker: TSLA) stock. That much Tesla stock is worth roughly $4.3 billion at current prices. On the surface that looks like a massive bet.</p><p>But that isn&#39;t really the way options work. The price paid for an options contract depends on many factors including the strike price and time to contract expiration.</p><p>Consider Tesla put options that expire Friday Aug. 19, and give the holder the right to sell Tesla stock at about $800 a share are essentially trading for about one cent. Theoretically, amassing options contracts that reflect 4.8 million shares of Tesla could cost someone $48,000. That&#39;s a long way from $4.3 billion.</p><p>It wouldn&#39;t be a good idea, though. There isn&#39;t high probability that Tesla stock will drop about $100 in the final hour of trading Friday.</p><p>(There isn&#39;t much trading volume in those contracts. It&#39;s just an example.)</p><p>Deer Park Chief Investment Officer Scott Burg told Barron&#39;s the Tesla put-options position amounted to 0.1% of his portfolio. That isn&#39;t all that much, and indicates Deer Park probably paid the less than $1 per share represented the puts.</p><p>That isn&#39;t a lot for a stock worth about $900. That also means the put options were either expiring soon, or deeply out of the money, or both. Burg didn&#39;t get into contract specifics, but said the position was closed profitably. The tiny position is already gone.</p><p>Profits aren&#39;t hard to fathom. Tesla stock did fall, along with other technology shares, in the second quarter. Tesla stock dropped almost 38% from the end of March to the end of June while the Nasdaq Composite fell 22% over the same span.</p><p>Burg doesn&#39;t consider himself a big Tesla bear. He&#39;s says he is bearish on the overall economy and the consumer. He expects Tesla stock to struggle, but just like any other consumer discretionary stock this coming year.</p><p>The whole episode does illustrate an important lesson about options trading. There are many ways to use options in a portfolio.</p><p>Investors can buy options contracts far from current prices. They are cheap and only pay off if extreme events happen. They can also be used to bet on volatility. Options get more valuable as stock volatility rises and less valuable when volatility falls. Options can be used to hedge a portfolio, too.</p><p>What&#39;s more, bearish options bets can actually generate income for bullish investors. Take Tesla. It doesn&#39;t pay a dividend. If that irks some shareholders they can sell call options contracts. (Selling a call is similar to a put option. Both work out if the stock falls. It&#39;s a bearish bet.)</p><p>A Tesla holder selling a $900 call option that expires in September gets about $44. That&#39;s almost 5% the value of the Tesla stock. The risk with selling call options against stock held is that the stock could go up. If Tesla hit $1,000, that holder would have essentially sold some of his position for $900, missing out on the additional gain.</p><p>There are many other things pros do with options. People have careers trading options for brokerage firms and asset managers.</p><p>However, options don&#39;t indicate with certainty how someone feels about the stock that underlies the options contract.</p></body></html>","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>No, There Is No New Short-Selling Champion in Tesla Stock</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\">\nNo, There Is No New Short-Selling Champion in Tesla Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-21 09:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/tesla-stock-short-selling-51660942310?mod=RTA><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>There was a stir in the Tesla investing community when a regulator filing indicated that asset manager Deer Park Road made a seemingly huge bet against Tesla stock using put options. The stir is just ...</p>\n\n<a href=\"https://www.barrons.com/articles/tesla-stock-short-selling-51660942310?mod=RTA\">Source 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.barrons.com/articles/tesla-stock-short-selling-51660942310?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2260785313","content_text":"There was a stir in the Tesla investing community when a regulator filing indicated that asset manager Deer Park Road made a seemingly huge bet against Tesla stock using put options. The stir is just a tempest in a teapot. There is no new short-selling champion for Tesla bears to hoist onto their shoulders.A put option is, generally speaking, a bearish bet. It gives the holder the right to sell a stock at a fixed price in the future. Holders of put options do better the lower a stock price falls.A quarterly regulatory filing indicated that Deer Park had amassed put-option contracts representing more than 4.8 million shares of Tesla (ticker: TSLA) stock. That much Tesla stock is worth roughly $4.3 billion at current prices. On the surface that looks like a massive bet.But that isn't really the way options work. The price paid for an options contract depends on many factors including the strike price and time to contract expiration.Consider Tesla put options that expire Friday Aug. 19, and give the holder the right to sell Tesla stock at about $800 a share are essentially trading for about one cent. Theoretically, amassing options contracts that reflect 4.8 million shares of Tesla could cost someone $48,000. That's a long way from $4.3 billion.It wouldn't be a good idea, though. There isn't high probability that Tesla stock will drop about $100 in the final hour of trading Friday.(There isn't much trading volume in those contracts. It's just an example.)Deer Park Chief Investment Officer Scott Burg told Barron's the Tesla put-options position amounted to 0.1% of his portfolio. That isn't all that much, and indicates Deer Park probably paid the less than $1 per share represented the puts.That isn't a lot for a stock worth about $900. That also means the put options were either expiring soon, or deeply out of the money, or both. Burg didn't get into contract specifics, but said the position was closed profitably. The tiny position is already gone.Profits aren't hard to fathom. Tesla stock did fall, along with other technology shares, in the second quarter. Tesla stock dropped almost 38% from the end of March to the end of June while the Nasdaq Composite fell 22% over the same span.Burg doesn't consider himself a big Tesla bear. He's says he is bearish on the overall economy and the consumer. He expects Tesla stock to struggle, but just like any other consumer discretionary stock this coming year.The whole episode does illustrate an important lesson about options trading. There are many ways to use options in a portfolio.Investors can buy options contracts far from current prices. They are cheap and only pay off if extreme events happen. They can also be used to bet on volatility. Options get more valuable as stock volatility rises and less valuable when volatility falls. Options can be used to hedge a portfolio, too.What's more, bearish options bets can actually generate income for bullish investors. Take Tesla. It doesn't pay a dividend. If that irks some shareholders they can sell call options contracts. (Selling a call is similar to a put option. Both work out if the stock falls. It's a bearish bet.)A Tesla holder selling a $900 call option that expires in September gets about $44. That's almost 5% the value of the Tesla stock. The risk with selling call options against stock held is that the stock could go up. If Tesla hit $1,000, that holder would have essentially sold some of his position for $900, missing out on the additional gain.There are many other things pros do with options. People have careers trading options for brokerage firms and asset managers.However, options don't indicate with certainty how someone feels about the stock that underlies the options contract.","news_type":1,"symbols_score_info":{"TSLA":1}},"isVote":1,"tweetType":1,"viewCount":1007,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9016082185,"gmtCreate":1649113785839,"gmtModify":1676534451555,"author":{"id":"4089777453696550","authorId":"4089777453696550","name":"soosoo","avatar":"https://static.tigerbbs.com/a7a8e4a0c1e8d4b7bf1e9db91cfaffc8","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089777453696550","idStr":"4089777453696550"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9016082185","repostId":"2224816375","repostType":4,"repost":{"id":"2224816375","kind":"highlight","pubTimestamp":1649084638,"share":"https://ttm.financial/m/news/2224816375?lang=en_US&edition=fundamental","pubTime":"2022-04-04 23:03","market":"us","language":"en","title":"Don't Let This 1 Decision Sour You on Sea Limited","url":"https://stock-news.laohu8.com/highlight/detail?id=2224816375","media":"Motley Fool","summary":"Robust execution and a large market opportunity position Sea for long-term success.","content":"<div>\n<p>The past six months have been a turbulent ride for investors in Sea Limited, a mobile gaming and e-commerce company -- shares of Sea are down over 60% from the all-time high recorded in Nov. 2021. And...</p>\n\n<a href=\"https://www.fool.com/investing/2022/04/03/dont-let-this-1-decision-sour-you-on-sea-limited/\">Source Link</a>\n\n</div>\n","source":"fool_stock","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>Don't Let This 1 Decision Sour You on Sea Limited</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\">\nDon't Let This 1 Decision Sour You on Sea Limited\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-04 23:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/04/03/dont-let-this-1-decision-sour-you-on-sea-limited/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The past six months have been a turbulent ride for investors in Sea Limited, a mobile gaming and e-commerce company -- shares of Sea are down over 60% from the all-time high recorded in Nov. 2021. And...</p>\n\n<a href=\"https://www.fool.com/investing/2022/04/03/dont-let-this-1-decision-sour-you-on-sea-limited/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd"},"source_url":"https://www.fool.com/investing/2022/04/03/dont-let-this-1-decision-sour-you-on-sea-limited/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2224816375","content_text":"The past six months have been a turbulent ride for investors in Sea Limited, a mobile gaming and e-commerce company -- shares of Sea are down over 60% from the all-time high recorded in Nov. 2021. And to add to investor worries, the company just announced it is shutting down its e-commerce operation in India.These recent headwinds may worry some investors enough to stay away from the stock, but for those with patience, Sea presents a great opportunity.Image source: Getty Images.Is international expansion hitting a roadblock?Sea has shrewdly established the key pillars of its business -- Garena, Shopee, and Sea Money -- to take advantage of three global megatrends: gaming, e-commerce, and digital financial services, respectively. The company established its roots in Southeast Asia and quickly emerged into a global player, extending its presence into South America and Europe.Its global expansion seemed to be going well, but on March 6, Sea announced that it was closing its Shopee business in France, which was a surprise for investors but largely viewed as a mere blip in the long-term plan. The news that really raised investors' eyebrows came on March 28 when Sea announced it is pulling the curtains on its e-commerce operations in India.Why would Sea exit potentially one of the largest markets in the world and derail its growth prospects? In the backdrop of its recent stock performance -- and the growing uncertainty around the economic environment with rising inflation and a major war -- many investors may be losing faith in the company.Digging deeper may offer some cluesThe seeds of Sea's exit from India may have been sown around Feb. 2022. The Indian government, citing national security and user data privacy concerns, banned 54 Chinese mobile apps. This ban included Free Fire, Garena's wildly popular battle royale mobile game. The immediate question from many familiar with Sea was: Why was Free Fire banned, when Sea is a Singaporean company, not a Chinese one.One likely reason is that Tencent Holdings, the Chinese entertainment giant, has an 18.7% stake in Sea. That relationship likely raised enough red flags for the Indian government. It is interesting to note regulators permitted Free Fire Max, the premium version of Free Fire, to continue operations in India.So how does the above event lead to Sea's India exit for Shopee? Free Fire is at the center of Sea's playbook of international expansion -- the company attracts a large user base with its engrossing video game, learns about users' online habits, and creates opportunities to promote its e-commerce and digital payment services. Additionally, Garena designed Free Fire to run flawlessly even on low-end smartphones, ensuring the game can reach the majority of the population in developing countries.Free Fire Max doesn't have the same reach as it requires mobile phones with higher-end configurations. Not having Free Fire to lay the foundation in India threw a wrench in Sea's proven formula for expansion.Finally, no one knows how the political situation between India and China may unfold. India may not ban Shopee today, but that doesn't mean it won't do so in the future. For Shopee to succeed in this highly competitive market, it would need to invest significantly, and the risk underlying that investment is simply too high. All factors considered, Sea's move to shutter its e-commerce operation in India looks like a smart and proactive business decision.Robust execution and long runway bode wellSea's founder and CEO Forrest Li has led the company brilliantly. Gamers now enjoy Free Fire in over 130 countries as Shopee launched in four countries in Latin America, three countries in Europe, and in China -- all in the past two and a half years. Free Fire has been the highest-grossing mobile app for 10 consecutive quarters in Southeast Asia and Latin America, according to data.ai. Sea's total revenue grew a whopping 128% in 2021 to reach $10 billion. Gross profits for the same period increased 189% to $3.9 billion.The company is investing heavily to expand into new markets, and as a result, net losses also grew 26% during the year to $2.0 billion. However, Li believes that by 2025, the cash generated by Shopee and Sea Money, the primary beneficiaries of Sea's investments, collectively will enable these two businesses to substantially self-fund their own long-term growth.The global opportunity for Sea remains large. Southeast Asia, Sea's core market, is one of the world's fastest-growing regions with a population rising over 50% faster than the United States' and a GDP increasing more than twice as quickly. An expanding middle-class, rising average household incomes, and rapidly spreading cellphone and internet usage are creating more shoppers in the seven Southeast Asian countries where Sea operates.The company is also gaining major traction in Brazil, the sixth-largest country by population. Shopee Brazil recorded more than 140 million orders in the fourth quarter, growing at close to 400% year over year. The company is also making headways in other South American countries.Despite shutting down its e-commerce operation in India, Sea is projecting Shopee's revenue to grow 76% in 2022, while Sea Money grows 155%. These are very impressive numbers that underscore Sea's global scale and its ability to overcome hurdles in its growth trajectory.Now may be a good time to board the shipManagement is forecasting a decline in bookings for Garena this year, which is understandable as the company faces the near-term headwinds of reopening economies across the world and Free Fire's ban in India. But Li remains aspirational and focused on the long-term prospects of the company.Responding to the over 65% drop in the company's share price, Li assured employees in an email: \"Do not fear: we are in a strong position internally, and we are clear on our next steps. This is short-term pain that we have to endure to truly maximise our long-term potential.\" Lee went on to say: \"The scale of our ambition remains unchanged: to make a long-lasting mark in history.\"Sea has successfully entered multiple international markets. The company is carefully assessing its opportunity in each region and making shrewd decisions to either expand or exit those markets. Sea's strategy of failing fast leads to efficient capital allocation for the company and bodes well for its future. It is still executing well, and despite its exit from India has a long runway in front of it.Data by YCharts.As a result of the sell-off, shares are trading at a three-year low price-to-sales valuation of 6.6 as of this writing. Taking a small position in Sea should serve patient investors with a long-term focus very well.","news_type":1,"symbols_score_info":{"SE":0.9}},"isVote":1,"tweetType":1,"viewCount":444,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}