Shankly1 personal page - To The Moon

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2022-09-26

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The Stock Market Is Reeling. Here's What Could Stop the Pain

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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":1664154917,"share":"https://ttm.financial/m/news/2270412558?lang=en_US&edition=fundamental","pubTime":"2022-09-26 09:15","market":"us","language":"en","title":"The Stock Market Is Reeling. Here's What Could Stop the Pain","url":"https://stock-news.laohu8.com/highlight/detail?id=2270412558","media":"Dow Jones","summary":"After one of the worst weeks for the stock market in 2022, two factors could swing the market over t","content":"<html><head></head><body><p>After one of the worst weeks for the stock market in 2022, two factors could swing the market over the next few days and set investors up for a tumultuous fourth quarter.</p><p>The market is reeling after a broad selloff on Friday, capping off a two-week swoon that took the S&amp;P 500 down 9.2%, to 3693. The index is down 23% from its January peak. Federal Reserve Chairman Jerome Powell has made it clear that the Fed’s primary concern is inflation, and the central bank is willing to impose financial pain to bring it down. Investors are increasingly believing him.</p><p>That means that the market is likely to swing on two main themes over the next few weeks—inflation data and any hints of what the Fed plans to do in their next few meetings. In the next week, more of those hints could be on their way.</p><p>Investors will hear from quite a few Fed officials and will be watching closely for language that indicates any splits among the board members. Twelve of the 19 Fed governors and presidents are speaking this coming week, “with virtually all appearances potentially touching on the economic outlook or monetary policy,” notes Deutsche Bank economists led by Brett Ryan.</p><p>While all of the Fed members appear intent on continuing to increase rates from the current 3.0%-3.25% range, there are important disagreements too. For instance, the “dot-plots” that track where Fed officials see economic data and interest rates in the future show that members are evenly split between those who expect Federal Funds rates to peak at 4.75% next year, and those who see 4.5% and 4.25% as the top rates. Those might seem like relatively small differences, but they could make a big difference in the market, given how closely investors are watching rates. If Fed officials start leaning toward more dovish policy—raising interest rates more gradually—the market is likely to rise. But that still feels like a long shot. Deutsche Bank, for its part, expects rates will have to rise to 5%, which would likely be a negative for investors.</p><p>Powell himself will appear twice in the coming week. “All three members of Fed leadership will speak, with Powell taking part in a panel on digital currencies on Tuesday and on Wednesday giving welcoming remarks at a community banking conference, at which Gov. Bowman will also appear,” Ryan wrote.</p><p>In addition, there will be some data releases that could impact the market. On Thursday, the Bureau of Economic Analysis (BEA) will release its third estimate of second-quarter gross domestic product, and potentially revise some older figures too. Because it’s a backward-looking number, GDP often doesn’t move the market much. But any further sign that the economy is already in recession could impact investor sentiment. It could also impact the Fed’s willingness to plunge the economy into a deeper recession if it becomes more clear that a recession has begun. The last estimate of second-quarter GDP was a decline of 0.6%, following a 1.3% decline in the first quarter.</p><p>New data on durable goods, consumption, and other economic activity will also help forecasters estimate third-quarter gross domestic product. Another quarter of declines would make it more clear that the economy is already in recession—and test the Fed’s willingness to make the economic pain worse.</p><p>The biggest news is likely to come on Friday, though. The BEA will release the personal-consumption expenditures price index, a key measure of inflation that the Fed watches closely. That index rose 6.8% year over year in June—its highest level since 1982—and moderated to 6.3% in July. The core PCE index, taking out food and energy, was up 4.6%. Analysts expect the core PCE to rise 4.7% in August.</p><p>Even with all these Fed officials planning to speak and important data releases, it’s unlikely that there will be enough clarity in the coming week about the path of rate hikes to determine where stocks will head for the rest of the year. Goldman Sachs on Friday reduced its 2022 S&amp;P 500 target to 3,600 from 4,300—another sign that Wall Street does not see a near-term reprieve for the market.</p><p>“Over the next couple of weeks, long-term investors may hesitate buying into weakness because it doesn’t seem like any economic data release or Fed speak will convince markets that a downshift from this aggressive tightening campaign will be happening anytime soon,” wrote Oanda analyst Edward Moya. “Downside targets for the S&amp;P 500 include the 3,470 level, which might look attractive for some long-term investors.”</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>The Stock Market Is Reeling. Here's What Could Stop the Pain</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Stock Market Is Reeling. Here's What Could Stop the Pain\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\">2022-09-26 09:15</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>After one of the worst weeks for the stock market in 2022, two factors could swing the market over the next few days and set investors up for a tumultuous fourth quarter.</p><p>The market is reeling after a broad selloff on Friday, capping off a two-week swoon that took the S&amp;P 500 down 9.2%, to 3693. The index is down 23% from its January peak. Federal Reserve Chairman Jerome Powell has made it clear that the Fed’s primary concern is inflation, and the central bank is willing to impose financial pain to bring it down. Investors are increasingly believing him.</p><p>That means that the market is likely to swing on two main themes over the next few weeks—inflation data and any hints of what the Fed plans to do in their next few meetings. In the next week, more of those hints could be on their way.</p><p>Investors will hear from quite a few Fed officials and will be watching closely for language that indicates any splits among the board members. Twelve of the 19 Fed governors and presidents are speaking this coming week, “with virtually all appearances potentially touching on the economic outlook or monetary policy,” notes Deutsche Bank economists led by Brett Ryan.</p><p>While all of the Fed members appear intent on continuing to increase rates from the current 3.0%-3.25% range, there are important disagreements too. For instance, the “dot-plots” that track where Fed officials see economic data and interest rates in the future show that members are evenly split between those who expect Federal Funds rates to peak at 4.75% next year, and those who see 4.5% and 4.25% as the top rates. Those might seem like relatively small differences, but they could make a big difference in the market, given how closely investors are watching rates. If Fed officials start leaning toward more dovish policy—raising interest rates more gradually—the market is likely to rise. But that still feels like a long shot. Deutsche Bank, for its part, expects rates will have to rise to 5%, which would likely be a negative for investors.</p><p>Powell himself will appear twice in the coming week. “All three members of Fed leadership will speak, with Powell taking part in a panel on digital currencies on Tuesday and on Wednesday giving welcoming remarks at a community banking conference, at which Gov. Bowman will also appear,” Ryan wrote.</p><p>In addition, there will be some data releases that could impact the market. On Thursday, the Bureau of Economic Analysis (BEA) will release its third estimate of second-quarter gross domestic product, and potentially revise some older figures too. Because it’s a backward-looking number, GDP often doesn’t move the market much. But any further sign that the economy is already in recession could impact investor sentiment. It could also impact the Fed’s willingness to plunge the economy into a deeper recession if it becomes more clear that a recession has begun. The last estimate of second-quarter GDP was a decline of 0.6%, following a 1.3% decline in the first quarter.</p><p>New data on durable goods, consumption, and other economic activity will also help forecasters estimate third-quarter gross domestic product. Another quarter of declines would make it more clear that the economy is already in recession—and test the Fed’s willingness to make the economic pain worse.</p><p>The biggest news is likely to come on Friday, though. The BEA will release the personal-consumption expenditures price index, a key measure of inflation that the Fed watches closely. That index rose 6.8% year over year in June—its highest level since 1982—and moderated to 6.3% in July. The core PCE index, taking out food and energy, was up 4.6%. Analysts expect the core PCE to rise 4.7% in August.</p><p>Even with all these Fed officials planning to speak and important data releases, it’s unlikely that there will be enough clarity in the coming week about the path of rate hikes to determine where stocks will head for the rest of the year. Goldman Sachs on Friday reduced its 2022 S&amp;P 500 target to 3,600 from 4,300—another sign that Wall Street does not see a near-term reprieve for the market.</p><p>“Over the next couple of weeks, long-term investors may hesitate buying into weakness because it doesn’t seem like any economic data release or Fed speak will convince markets that a downshift from this aggressive tightening campaign will be happening anytime soon,” wrote Oanda analyst Edward Moya. “Downside targets for the S&amp;P 500 include the 3,470 level, which might look attractive for some long-term investors.”</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF博时","BK4504":"桥水持仓","BK4559":"巴菲特持仓","BK4550":"红杉资本持仓",".SPX":"S&P 500 Index","BK4581":"高盛持仓","SPXU":"三倍做空标普500ETF-ProShares","IVV":"标普500ETF-iShares","SH":"做空标普500-Proshares","SPY":"标普500ETF","SDS":"两倍做空标普500 ETF-ProShares","OEX":"标普100","BK4534":"瑞士信贷持仓","SSO":"2倍做多标普500ETF-ProShares","UPRO":"三倍做多标普500ETF-ProShares","OEF":"标普100指数ETF-iShares"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2270412558","content_text":"After one of the worst weeks for the stock market in 2022, two factors could swing the market over the next few days and set investors up for a tumultuous fourth quarter.The market is reeling after a broad selloff on Friday, capping off a two-week swoon that took the S&P 500 down 9.2%, to 3693. The index is down 23% from its January peak. Federal Reserve Chairman Jerome Powell has made it clear that the Fed’s primary concern is inflation, and the central bank is willing to impose financial pain to bring it down. Investors are increasingly believing him.That means that the market is likely to swing on two main themes over the next few weeks—inflation data and any hints of what the Fed plans to do in their next few meetings. In the next week, more of those hints could be on their way.Investors will hear from quite a few Fed officials and will be watching closely for language that indicates any splits among the board members. Twelve of the 19 Fed governors and presidents are speaking this coming week, “with virtually all appearances potentially touching on the economic outlook or monetary policy,” notes Deutsche Bank economists led by Brett Ryan.While all of the Fed members appear intent on continuing to increase rates from the current 3.0%-3.25% range, there are important disagreements too. For instance, the “dot-plots” that track where Fed officials see economic data and interest rates in the future show that members are evenly split between those who expect Federal Funds rates to peak at 4.75% next year, and those who see 4.5% and 4.25% as the top rates. Those might seem like relatively small differences, but they could make a big difference in the market, given how closely investors are watching rates. If Fed officials start leaning toward more dovish policy—raising interest rates more gradually—the market is likely to rise. But that still feels like a long shot. Deutsche Bank, for its part, expects rates will have to rise to 5%, which would likely be a negative for investors.Powell himself will appear twice in the coming week. “All three members of Fed leadership will speak, with Powell taking part in a panel on digital currencies on Tuesday and on Wednesday giving welcoming remarks at a community banking conference, at which Gov. Bowman will also appear,” Ryan wrote.In addition, there will be some data releases that could impact the market. On Thursday, the Bureau of Economic Analysis (BEA) will release its third estimate of second-quarter gross domestic product, and potentially revise some older figures too. Because it’s a backward-looking number, GDP often doesn’t move the market much. But any further sign that the economy is already in recession could impact investor sentiment. It could also impact the Fed’s willingness to plunge the economy into a deeper recession if it becomes more clear that a recession has begun. The last estimate of second-quarter GDP was a decline of 0.6%, following a 1.3% decline in the first quarter.New data on durable goods, consumption, and other economic activity will also help forecasters estimate third-quarter gross domestic product. Another quarter of declines would make it more clear that the economy is already in recession—and test the Fed’s willingness to make the economic pain worse.The biggest news is likely to come on Friday, though. The BEA will release the personal-consumption expenditures price index, a key measure of inflation that the Fed watches closely. That index rose 6.8% year over year in June—its highest level since 1982—and moderated to 6.3% in July. The core PCE index, taking out food and energy, was up 4.6%. Analysts expect the core PCE to rise 4.7% in August.Even with all these Fed officials planning to speak and important data releases, it’s unlikely that there will be enough clarity in the coming week about the path of rate hikes to determine where stocks will head for the rest of the year. Goldman Sachs on Friday reduced its 2022 S&P 500 target to 3,600 from 4,300—another sign that Wall Street does not see a near-term reprieve for the market.“Over the next couple of weeks, long-term investors may hesitate buying into weakness because it doesn’t seem like any economic data release or Fed speak will convince markets that a downshift from this aggressive tightening campaign will be happening anytime soon,” wrote Oanda analyst Edward Moya. “Downside targets for the S&P 500 include the 3,470 level, which might look attractive for some long-term investors.”","news_type":1,"symbols_score_info":{"161125":0.6,"513500":0.6,"OEF":0.6,"SH":0.6,"SPY":0.61,"SSO":0.6,"ESmain":0.6,".SPX":0.6,"SDS":0.6,"OEX":0.6,"IVV":0.6,"SPXU":0.6,"UPRO":0.6}},"isVote":1,"tweetType":1,"viewCount":705,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9913478097,"gmtCreate":1664066320819,"gmtModify":1676537384437,"author":{"id":"4107165120882160","authorId":"4107165120882160","name":"Shankly1","avatar":"https://community-static.tradeup.com/news/ccde73bfe0a171b6b594ff8f8cd026eb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4107165120882160","idStr":"4107165120882160"},"themes":[],"htmlText":"Ok[Strong]&nbsp;","listText":"Ok[Strong]&nbsp;","text":"Ok[Strong]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9913478097","repostId":"2269457478","repostType":2,"isVote":1,"tweetType":1,"viewCount":594,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9983575116,"gmtCreate":1666302815535,"gmtModify":1676537736071,"author":{"id":"4107165120882160","authorId":"4107165120882160","name":"Shankly1","avatar":"https://community-static.tradeup.com/news/ccde73bfe0a171b6b594ff8f8cd026eb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4107165120882160","idStr":"4107165120882160"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a><v-v data-views=\"1\"></v-v>","text":"$Apple(AAPL)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9983575116","isVote":1,"tweetType":1,"viewCount":521,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9916488003,"gmtCreate":1664669947002,"gmtModify":1676537490253,"author":{"id":"4107165120882160","authorId":"4107165120882160","name":"Shankly1","avatar":"https://community-static.tradeup.com/news/ccde73bfe0a171b6b594ff8f8cd026eb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4107165120882160","idStr":"4107165120882160"},"themes":[],"htmlText":"[Strong]&nbsp;","listText":"[Strong]&nbsp;","text":"[Strong]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9916488003","repostId":"1161283382","repostType":2,"repost":{"id":"1161283382","kind":"news","pubTimestamp":1664669556,"share":"https://ttm.financial/m/news/1161283382?lang=en_US&edition=fundamental","pubTime":"2022-10-02 08:12","market":"us","language":"en","title":"A “More Frugal Google”: Stadia’s Demise Isn’t All That Bad for Alphabet","url":"https://stock-news.laohu8.com/highlight/detail?id=1161283382","media":"TipRanks","summary":"White, a known Google bull, unsurprisingly reinforced his Buy rating on the stock with a price target of $145.Wall Street consensus is also bullish on Alphabet stock, with a Strong Buy rating based on 30 Buys and two Holds. The average price target for GOOGL stock is currently $142.63.Bottom-line: Overall, Alphabet Can Beat the OddsGoogle’s dominant position in search and digital advertising is positive. Moreover, rapid digital transformation across industries and the shift of workloads to the c","content":"<div>\n<p>Story HighlightsAlphabet is shutting down its game streaming service Stadia amid cost pressures and underperformance of the platform. However, its upcoming launch of devices grabs the limelight....</p>\n\n<a href=\"https://www.tipranks.com/news/article/a-more-frugal-google-stadias-demise-isnt-all-that-bad-for-alphabet-nasdaqgoogl\">Source Link</a>\n\n</div>\n","source":"lsy1606183248679","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>A “More Frugal Google”: Stadia’s Demise Isn’t All That Bad for Alphabet</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nA “More Frugal Google”: Stadia’s Demise Isn’t All That Bad for Alphabet\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-02 08:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.tipranks.com/news/article/a-more-frugal-google-stadias-demise-isnt-all-that-bad-for-alphabet-nasdaqgoogl><strong>TipRanks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Story HighlightsAlphabet is shutting down its game streaming service Stadia amid cost pressures and underperformance of the platform. However, its upcoming launch of devices grabs the limelight....</p>\n\n<a href=\"https://www.tipranks.com/news/article/a-more-frugal-google-stadias-demise-isnt-all-that-bad-for-alphabet-nasdaqgoogl\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOGL":"谷歌A","GOOG":"谷歌"},"source_url":"https://www.tipranks.com/news/article/a-more-frugal-google-stadias-demise-isnt-all-that-bad-for-alphabet-nasdaqgoogl","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161283382","content_text":"Story HighlightsAlphabet is shutting down its game streaming service Stadia amid cost pressures and underperformance of the platform. However, its upcoming launch of devices grabs the limelight.Alphabet (NASDAQ:GOOGL) (NASDAQ:GOOG) subsidiary, Google, is restructuring to reduce costs and optimize its business. Its cloud-based game streaming service, Stadia, is being shuttered. However, there is not much to worry.Why Stadia’s Closure Will Be Good for AlphabetStadia was an underperformer compared to rivals Xbox and PlayStation due to its pricing complexities and confusing interface. Taking a practical decision to shut the service and focus investments on other higher growth areas, Google announced that Stadia will be closed fully on January 18, 2023. Management will try to fit Stadia employees into other suitable teams as far as possible, but some unemployment could be on the cards.However, looking at the bigger picture, shutting an underperforming unit could reduce unnecessary costs, especially at a time when cost pressures are mounting for tech companies. Google is constantly investing in new technologies and penetrating new markets. Such investments need a reasonable amount of borrowing, which is also becoming more expensive with the rising interest rates. Therefore, Stadia’s shuttering will redirect investments to areas that need monetary attention.Also, Stadia was not generating the revenue that Google had envisioned. To that end, an increase in fixed costs without any growth in revenues would put additional weight on Google’s already pressured margins.All Eyes on Made by GoogleAmid all the noise, the company is slated to hold its highly-awaited “Made by Google” event on October 6, ahead of which Monness Crespi Hardt analyst Brian White remains unflinchingly bullish on Google’s longer-term view.As White says, Google is “joining the gadget party” after Apple’s (NASDAQ:AAPL) “Far Out” and Samsung’s “Unfold Your World” launch events. The event will include the introductions of the Pixel 7 and Pixel 7 Pro smartphones, the Google Pixel Watch, and new Nest devices. Notably, the Pixel Watch will be the company’s first smartwatch to be developed leveraging its acquisition of fitness tracking company Fitbit.Although smartphones are facing the wrath of macroeconomics lately, Android still has a dominant position in the operating system market over Apple, according to International Data Corporation’s (IDC) Q2 estimates.Is Google a Good Investment?White, a known Google bull, unsurprisingly reinforced his Buy rating on the stock with a price target of $145.Wall Street consensus is also bullish on Alphabet stock, with a Strong Buy rating based on 30 Buys and two Holds. The average price target for GOOGL stock is currently $142.63.Bottom-line: Overall, Alphabet Can Beat the OddsGoogle’s dominant position in search and digital advertising is positive. Moreover, rapid digital transformation across industries and the shift of workloads to the cloud have prepared a solid growth runway for the company, which will help it “trade at a healthy premium to the market and tech sector in the long run,” according to White.Granted, there are certain pain areas in its business, but nothing that is making Wall Street turn cautious.","news_type":1,"symbols_score_info":{"GOOG":0.9,"GOOGL":0.9}},"isVote":1,"tweetType":1,"viewCount":662,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9937979131,"gmtCreate":1663363836723,"gmtModify":1676537257715,"author":{"id":"4107165120882160","authorId":"4107165120882160","name":"Shankly1","avatar":"https://community-static.tradeup.com/news/ccde73bfe0a171b6b594ff8f8cd026eb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4107165120882160","idStr":"4107165120882160"},"themes":[],"htmlText":"<a 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