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TiggerBaby
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2022-05-23
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2022-05-20
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Alibaba: Another Hit On Margins
Alibaba (NYSE:BABA) had reported a big decline in its EBITA within core commerce business in the las
Alibaba: Another Hit On Margins
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2022-05-18
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2022-05-09
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2022-05-04
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2022-04-29
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Starbucks Earnings Preview: High Coffee prices and Spent on Employees Make It Under Pressure
Starbucks(NASDAQ: SBUX)is scheduled to announce Q2 earnings after market closes on Tuesday, May 3.La
Starbucks Earnings Preview: High Coffee prices and Spent on Employees Make It Under Pressure
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2022-04-28
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Tiger Chart|Return on Investment of Warren Buffett's Berkshire Hathaway
Buffett's Berkshire Hathaway delivered a 24.4% annualized return on investment between 1965 and 2021
Tiger Chart|Return on Investment of Warren Buffett's Berkshire Hathaway
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2022-04-24
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Will Nvidia Be a Trillion-Dollar Stock by 2025?
The chipmaker nearly joined the twelve-zero club last year, but it could be awhile before it gets back there.
Will Nvidia Be a Trillion-Dollar Stock by 2025?
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2022-04-21
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US STOCKS-Nasdaq Drops as Netflix Subscriber Numbers Weigh on Tech
* Procter & Gamble up on raising FY sales forecast* IBM gains on upbeat forecast, Q1 results beat* N
US STOCKS-Nasdaq Drops as Netflix Subscriber Numbers Weigh on Tech
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Core commerce in China is the biggest contributor to its profit and hence we saw a massive dip in Alibaba’s income and margin in the last quarter. This margin decline could continue in the near term as the restrictions due to the pandemic are still being imposed on major cities. Alibaba’s EBITA in core commerce came at RMB 57.8 billion, down from RMB 71.9 billion in the year-ago quarter. Most of this decline was due to higher investment in Taobao Deals, Community Marketplaces, Local Consumer Service and Lazada.</p><p>We should see better margins in the medium term as the competitive pressure declines due to lower investment by Tencent (OTCPK:TCEHY) in Alibaba’s rivals like JD.com (JD), Pinduoduo (PDD), Meituan, and others. Alibaba’s cloud platform will also be the main driver for margin expansion over the next few quarters. Even with a lower margin in this earnings call, Alibaba could see better bullish sentiment if it continues to show strong progress in cloud, international regions, subscriptions, delivery, and other key business segments.</p><h2>Decline In Margins</h2><p>The decline in margins within core commerce business is due to ramping up of investments in several strategic initiatives. The growing competition from Pinduoduo forced Alibaba to launch Taobao Deals where the margins are low. This service already has over 240 million annual active customers. Alibaba also invested in Ele.me to improve its delivery network. Another big investment activity was in Lazada in Southeast Asia. Lazada is competing against Sea Limited and Alibaba has set a target to hit $100 billion gross merchandise value within this business.</p><p></p><p><img src=\"https://static.tigerbbs.com/544c296ad8072dce7401de3165fbf988\" tg-width=\"640\" tg-height=\"266\" referrerpolicy=\"no-referrer\"/></p><p>Alibaba Filings</p><p></p><p>Figure 1: Decline in core commerce EBITA is driving the overall margins lower.</p><p>The margin decline in commerce segment was quite high. The overall EBITA margin in the year-ago quarter was 28% which declined to 18% in the last quarter.</p><h2>Tencent's Withdrawal</h2><p>Tencent has seen significant regulatory headwinds in recent quarters. It is Alibaba’s main rival which has invested in a number of companies that directly compete with Alibaba. Tencent is now trying to divest its stake in these companies to prevent antitrust action by regulators.</p><p>It has already announced a reduction in stake in JD from 17% to 2.3%. There could also be a reduction in strategic partnership where JD uses Tencent’s platform to improve its service. Tencent might also divest from PDD, Meituan and other startups. At the same time, Tencent is increasing investment outside China. This will reduce the competitive pressure on Alibaba in several business segments.</p><p></p><p><img src=\"https://static.tigerbbs.com/51ed2b380c935f55b8df8e53737d48b4\" tg-width=\"779\" tg-height=\"551\" referrerpolicy=\"no-referrer\"/></p><p>Financial Times</p><p></p><p>Figure 2: Lower investment by Tencent in China.</p><h2>Importance Of Cloud Business</h2><p>Alibaba Cloud is already showing annualized revenue rate of $12 billion.</p><p></p><p><img src=\"https://static.tigerbbs.com/130228d64a56245f00b42dbce2e29d0e\" tg-width=\"640\" tg-height=\"265\" referrerpolicy=\"no-referrer\"/></p><p>Company Filings</p><p></p><p>Figure 3: Improvement in cloud business compared to year ago quarter.</p><p>In the nine months ending December 31, 2020 Alibaba reported EBITA of negative RMB 1.9 billion. In the latest nine-month period this has changed to positive RMB 0.87 billion. The margin swing in this period was from negative 4% to positive 2 %. Many cloud providers have struggled with lower margins in the initial stages. After reaching a higher revenue base, they are able to leverage the economies of scale to deliver better margins.</p><p>We have already seen this in Google's ((GOOG)(GOOGL)) cloud business. Google was able to deliver a 16 percentage point improvement in margin on a YoY basis in the previous quarter. Alibaba should also be able to show improvement in cloud margins as the revenue base increases and we see better economies of scale.</p><p>Another factor working in favor of Alibaba Cloud is the rapid international growth shown by the company. Recently, Alibaba opened its third data center in Germany and it now directly competes with Amazon (AMZN), Microsoft (MSFT), Google, and other cloud providers in the lucrative European region. It should be noted that Alibaba Cloud has many features which are similar to Amazon's AWS because both of these cloud operations started with their e-commerce business. This makes it easier for clients to use Alibaba Cloud instead of AWS in case they get better discounts.</p><p>Many clients are focusing on using the services of multiple cloud providers instead of a single cloud company. This should help Alibaba Cloud gain market share as clients try to diversify their cloud providers.</p><p></p><p><img src=\"https://static.tigerbbs.com/0b7a35257e5d288ea3753661e3165873\" tg-width=\"640\" tg-height=\"248\" referrerpolicy=\"no-referrer\"/></p><p>Amazon Filing</p><p></p><p>Figure 4: Amazon's AWS has shown operating margin of close to 30% in the last few quarters.</p><p>Amazon’s AWS regularly shows operating margin of 30%. There is a massive margin gap between Alibaba Cloud and AWS. Alibaba Cloud has already shown an improvement of six percentage points in margins in the first three-quarters of this fiscal. Further improvement is likely as Alibaba ramps up its international investment in cloud business.</p><p>Hence, we should see a lot of margin improvement in Alibaba Cloud due to better economies of scale, international expansion, and usage of multiple cloud providers by clients, and thereby see a reduction in margin gap with AWS.</p><h2>Are Margins Important?</h2><p>If Alibaba can show rapid growth in international regions, the margins might take a back seat for Wall Street in evaluating the stock. The company is trying to replicate the business model it has created within China in other locations. It tries to gain a good share of the ecommerce market in a new region and then launches other services like payment, cloud, delivery, subscriptions, etc. within these locations. Alibaba has already proven itself in Southeast Asia. It owns Lazada which is a major player in the ecommerce market of Southeast Asia.</p><p>Lazada had $21 billion gross merchandise value according to recent estimates compared with Sea Limited which had $35 billion GMV. Sea Limited is trading at close to $50 billion market cap. Hence, Lazada could also have a massive standalone valuation. Alibaba also owns a big stake in Trendyol which is the leading e-commerce company in Turkey with a valuation of over $16 billion.</p><p>By end of this decade, Alibaba’s international business could be worth more than its Chinese business. During the expansion phase in international regions, the margins will suffer as the company tries to invest in warehousing, logistics and attracts new customers through discounts. Wall Street might overlook margins in this period if Alibaba’s management can deliver high enough growth in international markets. The recent YoY growth in Lazada was 82% which shows that heavy investment can bring a strong growth from a high revenue base.</p><h2>Impact On Stock</h2><p>Alibaba is trading at a modest valuation multiple even if we price in the regulatory challenges faced by the company. The company has a number of growth drivers that it can use to deliver better numbers in the future. The core business is still very strong and it has been able to retain its market share despite the growth of innovative disruptors like PDD.</p><p></p><p><img src=\"https://static.tigerbbs.com/6e18f482493ca5ea51b28b8a3f0ce819\" tg-width=\"640\" tg-height=\"293\" referrerpolicy=\"no-referrer\"/></p><p>Ycharts</p><p></p><p>Figure 5: Alibaba's forward PE ratio is considerably lower than that of JD and PDD.</p><p>The revenue growth is still strong in a number of important businesses like cloud, international commerce, Ele.me and others. The forward P/E ratio of Alibaba is close to single digit which does not reflect the core strengths. We could still see some margin headwinds due to pandemic restrictions in the near term. However, in the medium to long term, the revenue growth and margin potential of the company are promising.</p><p>Investors should look past the short-term margin fluctuation and gauge the long-term growth of important segments like cloud, international commerce, subscriptions, and competition with Tencent.</p><h2>Investor Takeaway</h2><p>Alibaba has seen a dip in margins as the company invests in its strategic initiatives. We should see lower competitive pressure on Alibaba in the medium term as Tencent reduces its stake and partnership in JD, PDD, Meituan and others. Tencent is also directing more investment in international regions which should be favorable for Alibaba in China. Alibaba’s cloud business will be the main margin driver in the next few quarters.</p><p>Alibaba’s international growth will also put less attention on the margins. If Alibaba can rapidly expand in Southeast Asia and Europe across services like ecommerce, cloud, payments, delivery, and others, then it can improve the long-term growth runway for the company.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba: Another Hit On Margins</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba: Another Hit On Margins\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-20 23:36 GMT+8 <a href=https://seekingalpha.com/article/4513086-alibaba-another-hit-on-margins><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Alibaba (NYSE:BABA) had reported a big decline in its EBITA within core commerce business in the last quarter. Core commerce in China is the biggest contributor to its profit and hence we saw a ...</p>\n\n<a href=\"https://seekingalpha.com/article/4513086-alibaba-another-hit-on-margins\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-W","BABA":"阿里巴巴"},"source_url":"https://seekingalpha.com/article/4513086-alibaba-another-hit-on-margins","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2236705977","content_text":"Alibaba (NYSE:BABA) had reported a big decline in its EBITA within core commerce business in the last quarter. Core commerce in China is the biggest contributor to its profit and hence we saw a massive dip in Alibaba’s income and margin in the last quarter. This margin decline could continue in the near term as the restrictions due to the pandemic are still being imposed on major cities. Alibaba’s EBITA in core commerce came at RMB 57.8 billion, down from RMB 71.9 billion in the year-ago quarter. Most of this decline was due to higher investment in Taobao Deals, Community Marketplaces, Local Consumer Service and Lazada.We should see better margins in the medium term as the competitive pressure declines due to lower investment by Tencent (OTCPK:TCEHY) in Alibaba’s rivals like JD.com (JD), Pinduoduo (PDD), Meituan, and others. Alibaba’s cloud platform will also be the main driver for margin expansion over the next few quarters. Even with a lower margin in this earnings call, Alibaba could see better bullish sentiment if it continues to show strong progress in cloud, international regions, subscriptions, delivery, and other key business segments.Decline In MarginsThe decline in margins within core commerce business is due to ramping up of investments in several strategic initiatives. The growing competition from Pinduoduo forced Alibaba to launch Taobao Deals where the margins are low. This service already has over 240 million annual active customers. Alibaba also invested in Ele.me to improve its delivery network. Another big investment activity was in Lazada in Southeast Asia. Lazada is competing against Sea Limited and Alibaba has set a target to hit $100 billion gross merchandise value within this business.Alibaba FilingsFigure 1: Decline in core commerce EBITA is driving the overall margins lower.The margin decline in commerce segment was quite high. The overall EBITA margin in the year-ago quarter was 28% which declined to 18% in the last quarter.Tencent's WithdrawalTencent has seen significant regulatory headwinds in recent quarters. It is Alibaba’s main rival which has invested in a number of companies that directly compete with Alibaba. Tencent is now trying to divest its stake in these companies to prevent antitrust action by regulators.It has already announced a reduction in stake in JD from 17% to 2.3%. There could also be a reduction in strategic partnership where JD uses Tencent’s platform to improve its service. Tencent might also divest from PDD, Meituan and other startups. At the same time, Tencent is increasing investment outside China. This will reduce the competitive pressure on Alibaba in several business segments.Financial TimesFigure 2: Lower investment by Tencent in China.Importance Of Cloud BusinessAlibaba Cloud is already showing annualized revenue rate of $12 billion.Company FilingsFigure 3: Improvement in cloud business compared to year ago quarter.In the nine months ending December 31, 2020 Alibaba reported EBITA of negative RMB 1.9 billion. In the latest nine-month period this has changed to positive RMB 0.87 billion. The margin swing in this period was from negative 4% to positive 2 %. Many cloud providers have struggled with lower margins in the initial stages. After reaching a higher revenue base, they are able to leverage the economies of scale to deliver better margins.We have already seen this in Google's ((GOOG)(GOOGL)) cloud business. Google was able to deliver a 16 percentage point improvement in margin on a YoY basis in the previous quarter. Alibaba should also be able to show improvement in cloud margins as the revenue base increases and we see better economies of scale.Another factor working in favor of Alibaba Cloud is the rapid international growth shown by the company. Recently, Alibaba opened its third data center in Germany and it now directly competes with Amazon (AMZN), Microsoft (MSFT), Google, and other cloud providers in the lucrative European region. It should be noted that Alibaba Cloud has many features which are similar to Amazon's AWS because both of these cloud operations started with their e-commerce business. This makes it easier for clients to use Alibaba Cloud instead of AWS in case they get better discounts.Many clients are focusing on using the services of multiple cloud providers instead of a single cloud company. This should help Alibaba Cloud gain market share as clients try to diversify their cloud providers.Amazon FilingFigure 4: Amazon's AWS has shown operating margin of close to 30% in the last few quarters.Amazon’s AWS regularly shows operating margin of 30%. There is a massive margin gap between Alibaba Cloud and AWS. Alibaba Cloud has already shown an improvement of six percentage points in margins in the first three-quarters of this fiscal. Further improvement is likely as Alibaba ramps up its international investment in cloud business.Hence, we should see a lot of margin improvement in Alibaba Cloud due to better economies of scale, international expansion, and usage of multiple cloud providers by clients, and thereby see a reduction in margin gap with AWS.Are Margins Important?If Alibaba can show rapid growth in international regions, the margins might take a back seat for Wall Street in evaluating the stock. The company is trying to replicate the business model it has created within China in other locations. It tries to gain a good share of the ecommerce market in a new region and then launches other services like payment, cloud, delivery, subscriptions, etc. within these locations. Alibaba has already proven itself in Southeast Asia. It owns Lazada which is a major player in the ecommerce market of Southeast Asia.Lazada had $21 billion gross merchandise value according to recent estimates compared with Sea Limited which had $35 billion GMV. Sea Limited is trading at close to $50 billion market cap. Hence, Lazada could also have a massive standalone valuation. Alibaba also owns a big stake in Trendyol which is the leading e-commerce company in Turkey with a valuation of over $16 billion.By end of this decade, Alibaba’s international business could be worth more than its Chinese business. During the expansion phase in international regions, the margins will suffer as the company tries to invest in warehousing, logistics and attracts new customers through discounts. Wall Street might overlook margins in this period if Alibaba’s management can deliver high enough growth in international markets. The recent YoY growth in Lazada was 82% which shows that heavy investment can bring a strong growth from a high revenue base.Impact On StockAlibaba is trading at a modest valuation multiple even if we price in the regulatory challenges faced by the company. The company has a number of growth drivers that it can use to deliver better numbers in the future. The core business is still very strong and it has been able to retain its market share despite the growth of innovative disruptors like PDD.YchartsFigure 5: Alibaba's forward PE ratio is considerably lower than that of JD and PDD.The revenue growth is still strong in a number of important businesses like cloud, international commerce, Ele.me and others. The forward P/E ratio of Alibaba is close to single digit which does not reflect the core strengths. We could still see some margin headwinds due to pandemic restrictions in the near term. However, in the medium to long term, the revenue growth and margin potential of the company are promising.Investors should look past the short-term margin fluctuation and gauge the long-term growth of important segments like cloud, international commerce, subscriptions, and competition with Tencent.Investor TakeawayAlibaba has seen a dip in margins as the company invests in its strategic initiatives. We should see lower competitive pressure on Alibaba in the medium term as Tencent reduces its stake and partnership in JD, PDD, Meituan and others. Tencent is also directing more investment in international regions which should be favorable for Alibaba in China. Alibaba’s cloud business will be the main margin driver in the next few quarters.Alibaba’s international growth will also put less attention on the margins. If Alibaba can rapidly expand in Southeast Asia and Europe across services like ecommerce, cloud, payments, delivery, and others, then it can improve the long-term growth runway for the company.","news_type":1,"symbols_score_info":{"BABA":1,"09988":0.9}},"isVote":1,"tweetType":1,"viewCount":3317,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9023046083,"gmtCreate":1652840313942,"gmtModify":1676535173064,"author":{"id":"4095117092393450","authorId":"4095117092393450","name":"TiggerBaby","avatar":"https://static.tigerbbs.com/92afc92c743cbc82bdc0ccd1a404f3e0","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4095117092393450","idStr":"4095117092393450"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9023046083","repostId":"2236274480","repostType":4,"isVote":1,"tweetType":1,"viewCount":2561,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9062462370,"gmtCreate":1652100607190,"gmtModify":1676535028700,"author":{"id":"4095117092393450","authorId":"4095117092393450","name":"TiggerBaby","avatar":"https://static.tigerbbs.com/92afc92c743cbc82bdc0ccd1a404f3e0","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4095117092393450","idStr":"4095117092393450"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9062462370","repostId":"1149676856","repostType":4,"isVote":1,"tweetType":1,"viewCount":3131,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9061760009,"gmtCreate":1651678092524,"gmtModify":1676534947825,"author":{"id":"4095117092393450","authorId":"4095117092393450","name":"TiggerBaby","avatar":"https://static.tigerbbs.com/92afc92c743cbc82bdc0ccd1a404f3e0","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4095117092393450","idStr":"4095117092393450"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9061760009","repostId":"1151125673","repostType":4,"isVote":1,"tweetType":1,"viewCount":3130,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9069051611,"gmtCreate":1651207034891,"gmtModify":1676534871027,"author":{"id":"4095117092393450","authorId":"4095117092393450","name":"TiggerBaby","avatar":"https://static.tigerbbs.com/92afc92c743cbc82bdc0ccd1a404f3e0","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4095117092393450","idStr":"4095117092393450"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9069051611","repostId":"1182678684","repostType":4,"repost":{"id":"1182678684","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":1651204806,"share":"https://ttm.financial/m/news/1182678684?lang=&edition=fundamental","pubTime":"2022-04-29 12:00","market":"us","language":"en","title":"Starbucks Earnings Preview: High Coffee prices and Spent on Employees Make It Under Pressure","url":"https://stock-news.laohu8.com/highlight/detail?id=1182678684","media":"Tiger Newspress","summary":"Starbucks(NASDAQ: SBUX)is scheduled to announce Q2 earnings after market closes on Tuesday, May 3.La","content":"<html><head></head><body><p>Starbucks(NASDAQ: SBUX)is scheduled to announce Q2 earnings after market closes on Tuesday, May 3.</p><p><b>Latest Results and FY22 Guidance</b></p><p>For the three months ended Jan. 2, Starbucks reported per-share earnings of 72 cents, after adjusting for one-time items, below analysts' expectations of 80 cents per share, according to FactSet.</p><p>It reported net income of $816 million, up 31% from a year earlier. The chain's total sales of $8.1 billion topped expectations of $7.98 billion.</p><p>Starbucks reported a same-store sales increase of 18% at U.S. stores compared with a year earlier. Sales weakened in the latter part of the quarter, during the Omicron surge, the company said. China, a significant market for the chain, suffered during the period, with same-store sales falling 14%, Starbucks said.</p><p>Its executive says the company expects FY22 GAAP EPS to decline by 4%-6% and Non-GAAP EPS to grow 8%-10%, and expects FY22 GAAP operating margin will approach 16.5%, Non-GAAP to approach 17%.</p><p><b>3</b> <b>Most Important Things to Watch</b></p><p><b>1.</b> <b>Schultz’s Early Moves at Starbucks Suggest Deeper Changes Coming</b></p><p>Schultz led Starbucks’s aggressive expansion in the 1980s and ’90s before stepping down as CEO in 2000. He returned again as CEO from 2008 to 2017. In his third go-around, the 68-year-old is also rejoining the board and handling day-to-day operations.</p><p>He’s already frozen stock repurchases that were part of a $20 billion package, saying the money would be better spent on employees and cafe improvements. And he dismissed the company’s top lawyer while pledging to offer better benefits for workers to dissuade them from unionizing.</p><p><b>2.</b> <b>Coffee prices remain elevated on supply and demand</b></p><p>Supply and demand was mixed with stronger demand from China and higher supply from Vietnam. The USDA Foreign Agricultural Service projected that China's 2022 coffee imports would grow by +5% this year to 4 million bags. Also supportive of higher prices was dry weather in Brazil, with rainfall in the Minas Gerais area, which makes up 30% of Brazil's arabica crop, was only 40% of the historical average.</p><p>On the bearish side, the Green Coffee Association reported this week that US March green coffee inventories rose +1.0% m/m and +2.5% y/y to 5.82 million bags.</p><p>With no end in sight to the Ukraine tensions, there are fears that Russia's invasion of Ukraine will add to inflation, curb consumer spending, and reduce coffee consumption as consumers tighten their belts.</p><p>For Starbucks, that may not mean that coffee house visits are reduced, but that the average spend is reduced.</p><p>Signs of tighter global coffee supplies are providing a bullish stimulus for prices and pushed arabica coffee up to a 10-1/2 year nearest-futures highs on Feb 10. The International Coffee Organization also cut its global 2020/21 supply estimate to a deficit of -3.13 mln bags from a previous estimate of a +1.2 mln bag surplus.</p><p>Another headwind would come from a potential structural low in the Brazilian Real. Brazilian production costs, including labor and other expenses, are in the Brazilian real. A falling real weighs on arabica coffee’s price as Brazilian supplies have lower production costs and can fetch more dollars. A rising real has the opposite impact, pushing coffee prices higher.</p><p><b>3.</b> <b>Sales in</b> <b>China and Europe Are a Great Concern</b></p><p>A further headwind for the company will come from the strict lockdowns in China, which are being enforced due to Coronavirus. The US and China make up 61% of the company's global footprint and Starbucks also wanted to start a more aggressive expansion in China. In Q1 results, China's comparable store sales were down 14% and it is hard to see that getting better with the prolonged lockdowns.</p><p>The real problem will come from forward guidance and the following quarters. Operations have been suspended in Russia, while Chinese consumers are locked down in big cities like Shanghai. At home and in Europe, consumers are being squeezed by soaring inflation that could see them reduce their average spending.</p><p><b>Analyst Opinions</b></p><p>BTIG analyst Peter Saleh maintained a “Buy” rating and offered a $110 price target. Saleh adjusted the rating while cutting the 2022 and 2023 earnings estimates to reflect the uncertainty of unionization, the high probability of wage and benefit investment, and the recently announced suspension of share repurchase. But Saleh believes that the risk to traffic is nominal as only 4% of consumers responding to the BTIG survey claim they will not visit anymore if an agreement on unions is not reached. </p><p>Zacks Investment Research cut it from a hold rating to a sell rating and gave it an $83.00 target price. According to Zacks, “Although shares of Starbucks have underperformed the industry in the past six months, it might take a U-turn as the company is benefiting from store growth, robust digitalization and comps growth. During first-quarter fiscal 2022, global comparable store sales increased 13% year over year, driven by an increase in comparable transactions and average ticket growth. For fiscal 2022, the company anticipates global comparable sales to reach high-single digits. Starbucks expects to open nearly 2,000 net new stores worldwide in fiscal 2022. However, dismal China's performance continues to hurt Starbucks. During the fiscal first quarter, comps in China declined 14% year over year against a 5% growth reported in the prior-year quarter. Strategic investments and cost inflation might impact the company’s earnings in 2022.”</p><p>MKM Partners analyst Brett Levymaintained a “Buy” rating and offered a $110 price target. Levy adjusted the rating as part of a broader research note on restaurants heading into Q1 earnings. And many of the moving parts facing the group are skewing negatively, including pricing, inflation, and demand-related issues. Plus Levy pointed out that the company is facing choppy international demand picture.</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>Starbucks Earnings Preview: High Coffee prices and Spent on Employees Make It Under Pressure</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\">\nStarbucks Earnings Preview: High Coffee prices and Spent on Employees Make It Under Pressure\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\">2022-04-29 12:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Starbucks(NASDAQ: SBUX)is scheduled to announce Q2 earnings after market closes on Tuesday, May 3.</p><p><b>Latest Results and FY22 Guidance</b></p><p>For the three months ended Jan. 2, Starbucks reported per-share earnings of 72 cents, after adjusting for one-time items, below analysts' expectations of 80 cents per share, according to FactSet.</p><p>It reported net income of $816 million, up 31% from a year earlier. The chain's total sales of $8.1 billion topped expectations of $7.98 billion.</p><p>Starbucks reported a same-store sales increase of 18% at U.S. stores compared with a year earlier. Sales weakened in the latter part of the quarter, during the Omicron surge, the company said. China, a significant market for the chain, suffered during the period, with same-store sales falling 14%, Starbucks said.</p><p>Its executive says the company expects FY22 GAAP EPS to decline by 4%-6% and Non-GAAP EPS to grow 8%-10%, and expects FY22 GAAP operating margin will approach 16.5%, Non-GAAP to approach 17%.</p><p><b>3</b> <b>Most Important Things to Watch</b></p><p><b>1.</b> <b>Schultz’s Early Moves at Starbucks Suggest Deeper Changes Coming</b></p><p>Schultz led Starbucks’s aggressive expansion in the 1980s and ’90s before stepping down as CEO in 2000. He returned again as CEO from 2008 to 2017. In his third go-around, the 68-year-old is also rejoining the board and handling day-to-day operations.</p><p>He’s already frozen stock repurchases that were part of a $20 billion package, saying the money would be better spent on employees and cafe improvements. And he dismissed the company’s top lawyer while pledging to offer better benefits for workers to dissuade them from unionizing.</p><p><b>2.</b> <b>Coffee prices remain elevated on supply and demand</b></p><p>Supply and demand was mixed with stronger demand from China and higher supply from Vietnam. The USDA Foreign Agricultural Service projected that China's 2022 coffee imports would grow by +5% this year to 4 million bags. Also supportive of higher prices was dry weather in Brazil, with rainfall in the Minas Gerais area, which makes up 30% of Brazil's arabica crop, was only 40% of the historical average.</p><p>On the bearish side, the Green Coffee Association reported this week that US March green coffee inventories rose +1.0% m/m and +2.5% y/y to 5.82 million bags.</p><p>With no end in sight to the Ukraine tensions, there are fears that Russia's invasion of Ukraine will add to inflation, curb consumer spending, and reduce coffee consumption as consumers tighten their belts.</p><p>For Starbucks, that may not mean that coffee house visits are reduced, but that the average spend is reduced.</p><p>Signs of tighter global coffee supplies are providing a bullish stimulus for prices and pushed arabica coffee up to a 10-1/2 year nearest-futures highs on Feb 10. The International Coffee Organization also cut its global 2020/21 supply estimate to a deficit of -3.13 mln bags from a previous estimate of a +1.2 mln bag surplus.</p><p>Another headwind would come from a potential structural low in the Brazilian Real. Brazilian production costs, including labor and other expenses, are in the Brazilian real. A falling real weighs on arabica coffee’s price as Brazilian supplies have lower production costs and can fetch more dollars. A rising real has the opposite impact, pushing coffee prices higher.</p><p><b>3.</b> <b>Sales in</b> <b>China and Europe Are a Great Concern</b></p><p>A further headwind for the company will come from the strict lockdowns in China, which are being enforced due to Coronavirus. The US and China make up 61% of the company's global footprint and Starbucks also wanted to start a more aggressive expansion in China. In Q1 results, China's comparable store sales were down 14% and it is hard to see that getting better with the prolonged lockdowns.</p><p>The real problem will come from forward guidance and the following quarters. Operations have been suspended in Russia, while Chinese consumers are locked down in big cities like Shanghai. At home and in Europe, consumers are being squeezed by soaring inflation that could see them reduce their average spending.</p><p><b>Analyst Opinions</b></p><p>BTIG analyst Peter Saleh maintained a “Buy” rating and offered a $110 price target. Saleh adjusted the rating while cutting the 2022 and 2023 earnings estimates to reflect the uncertainty of unionization, the high probability of wage and benefit investment, and the recently announced suspension of share repurchase. But Saleh believes that the risk to traffic is nominal as only 4% of consumers responding to the BTIG survey claim they will not visit anymore if an agreement on unions is not reached. </p><p>Zacks Investment Research cut it from a hold rating to a sell rating and gave it an $83.00 target price. According to Zacks, “Although shares of Starbucks have underperformed the industry in the past six months, it might take a U-turn as the company is benefiting from store growth, robust digitalization and comps growth. During first-quarter fiscal 2022, global comparable store sales increased 13% year over year, driven by an increase in comparable transactions and average ticket growth. For fiscal 2022, the company anticipates global comparable sales to reach high-single digits. Starbucks expects to open nearly 2,000 net new stores worldwide in fiscal 2022. However, dismal China's performance continues to hurt Starbucks. During the fiscal first quarter, comps in China declined 14% year over year against a 5% growth reported in the prior-year quarter. Strategic investments and cost inflation might impact the company’s earnings in 2022.”</p><p>MKM Partners analyst Brett Levymaintained a “Buy” rating and offered a $110 price target. Levy adjusted the rating as part of a broader research note on restaurants heading into Q1 earnings. And many of the moving parts facing the group are skewing negatively, including pricing, inflation, and demand-related issues. Plus Levy pointed out that the company is facing choppy international demand picture.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SBUX":"星巴克"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1182678684","content_text":"Starbucks(NASDAQ: SBUX)is scheduled to announce Q2 earnings after market closes on Tuesday, May 3.Latest Results and FY22 GuidanceFor the three months ended Jan. 2, Starbucks reported per-share earnings of 72 cents, after adjusting for one-time items, below analysts' expectations of 80 cents per share, according to FactSet.It reported net income of $816 million, up 31% from a year earlier. The chain's total sales of $8.1 billion topped expectations of $7.98 billion.Starbucks reported a same-store sales increase of 18% at U.S. stores compared with a year earlier. Sales weakened in the latter part of the quarter, during the Omicron surge, the company said. China, a significant market for the chain, suffered during the period, with same-store sales falling 14%, Starbucks said.Its executive says the company expects FY22 GAAP EPS to decline by 4%-6% and Non-GAAP EPS to grow 8%-10%, and expects FY22 GAAP operating margin will approach 16.5%, Non-GAAP to approach 17%.3 Most Important Things to Watch1. Schultz’s Early Moves at Starbucks Suggest Deeper Changes ComingSchultz led Starbucks’s aggressive expansion in the 1980s and ’90s before stepping down as CEO in 2000. He returned again as CEO from 2008 to 2017. In his third go-around, the 68-year-old is also rejoining the board and handling day-to-day operations.He’s already frozen stock repurchases that were part of a $20 billion package, saying the money would be better spent on employees and cafe improvements. And he dismissed the company’s top lawyer while pledging to offer better benefits for workers to dissuade them from unionizing.2. Coffee prices remain elevated on supply and demandSupply and demand was mixed with stronger demand from China and higher supply from Vietnam. The USDA Foreign Agricultural Service projected that China's 2022 coffee imports would grow by +5% this year to 4 million bags. Also supportive of higher prices was dry weather in Brazil, with rainfall in the Minas Gerais area, which makes up 30% of Brazil's arabica crop, was only 40% of the historical average.On the bearish side, the Green Coffee Association reported this week that US March green coffee inventories rose +1.0% m/m and +2.5% y/y to 5.82 million bags.With no end in sight to the Ukraine tensions, there are fears that Russia's invasion of Ukraine will add to inflation, curb consumer spending, and reduce coffee consumption as consumers tighten their belts.For Starbucks, that may not mean that coffee house visits are reduced, but that the average spend is reduced.Signs of tighter global coffee supplies are providing a bullish stimulus for prices and pushed arabica coffee up to a 10-1/2 year nearest-futures highs on Feb 10. The International Coffee Organization also cut its global 2020/21 supply estimate to a deficit of -3.13 mln bags from a previous estimate of a +1.2 mln bag surplus.Another headwind would come from a potential structural low in the Brazilian Real. Brazilian production costs, including labor and other expenses, are in the Brazilian real. A falling real weighs on arabica coffee’s price as Brazilian supplies have lower production costs and can fetch more dollars. A rising real has the opposite impact, pushing coffee prices higher.3. Sales in China and Europe Are a Great ConcernA further headwind for the company will come from the strict lockdowns in China, which are being enforced due to Coronavirus. The US and China make up 61% of the company's global footprint and Starbucks also wanted to start a more aggressive expansion in China. In Q1 results, China's comparable store sales were down 14% and it is hard to see that getting better with the prolonged lockdowns.The real problem will come from forward guidance and the following quarters. Operations have been suspended in Russia, while Chinese consumers are locked down in big cities like Shanghai. At home and in Europe, consumers are being squeezed by soaring inflation that could see them reduce their average spending.Analyst OpinionsBTIG analyst Peter Saleh maintained a “Buy” rating and offered a $110 price target. Saleh adjusted the rating while cutting the 2022 and 2023 earnings estimates to reflect the uncertainty of unionization, the high probability of wage and benefit investment, and the recently announced suspension of share repurchase. But Saleh believes that the risk to traffic is nominal as only 4% of consumers responding to the BTIG survey claim they will not visit anymore if an agreement on unions is not reached. Zacks Investment Research cut it from a hold rating to a sell rating and gave it an $83.00 target price. According to Zacks, “Although shares of Starbucks have underperformed the industry in the past six months, it might take a U-turn as the company is benefiting from store growth, robust digitalization and comps growth. During first-quarter fiscal 2022, global comparable store sales increased 13% year over year, driven by an increase in comparable transactions and average ticket growth. For fiscal 2022, the company anticipates global comparable sales to reach high-single digits. Starbucks expects to open nearly 2,000 net new stores worldwide in fiscal 2022. However, dismal China's performance continues to hurt Starbucks. During the fiscal first quarter, comps in China declined 14% year over year against a 5% growth reported in the prior-year quarter. Strategic investments and cost inflation might impact the company’s earnings in 2022.”MKM Partners analyst Brett Levymaintained a “Buy” rating and offered a $110 price target. Levy adjusted the rating as part of a broader research note on restaurants heading into Q1 earnings. And many of the moving parts facing the group are skewing negatively, including pricing, inflation, and demand-related issues. Plus Levy pointed out that the company is facing choppy international demand picture.","news_type":1,"symbols_score_info":{"SBUX":0.9}},"isVote":1,"tweetType":1,"viewCount":2272,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9060845061,"gmtCreate":1651129013590,"gmtModify":1676534855835,"author":{"id":"4095117092393450","authorId":"4095117092393450","name":"TiggerBaby","avatar":"https://static.tigerbbs.com/92afc92c743cbc82bdc0ccd1a404f3e0","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4095117092393450","idStr":"4095117092393450"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9060845061","repostId":"1156590907","repostType":4,"repost":{"id":"1156590907","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":1651122291,"share":"https://ttm.financial/m/news/1156590907?lang=&edition=fundamental","pubTime":"2022-04-28 13:04","market":"us","language":"en","title":"Tiger Chart|Return on Investment of Warren Buffett's Berkshire Hathaway","url":"https://stock-news.laohu8.com/highlight/detail?id=1156590907","media":"Tiger Newspress","summary":"Buffett's Berkshire Hathaway delivered a 24.4% annualized return on investment between 1965 and 2021","content":"<html><head></head><body><p>Buffett's Berkshire Hathaway delivered a 24.4% annualized return on investment between 1965 and 2021.<img src=\"https://static.tigerbbs.com/fea489401b507bd82d8e884a6dc81f14\" tg-width=\"1500\" tg-height=\"1700\" 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>Tiger Chart|Return on Investment of Warren Buffett's Berkshire Hathaway</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; 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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\">\nTiger Chart|Return on Investment of Warren Buffett's Berkshire Hathaway\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\">2022-04-28 13:04</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Buffett's Berkshire Hathaway delivered a 24.4% annualized return on investment between 1965 and 2021.<img src=\"https://static.tigerbbs.com/fea489401b507bd82d8e884a6dc81f14\" tg-width=\"1500\" tg-height=\"1700\" width=\"100%\" height=\"auto\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.B":"伯克希尔B","BRK.A":"伯克希尔"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1156590907","content_text":"Buffett's Berkshire Hathaway delivered a 24.4% annualized return on investment between 1965 and 2021.","news_type":1,"symbols_score_info":{"BRK.A":0.9,"BRK.B":0.9}},"isVote":1,"tweetType":1,"viewCount":2168,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9084399140,"gmtCreate":1650806276046,"gmtModify":1676534795990,"author":{"id":"4095117092393450","authorId":"4095117092393450","name":"TiggerBaby","avatar":"https://static.tigerbbs.com/92afc92c743cbc82bdc0ccd1a404f3e0","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4095117092393450","idStr":"4095117092393450"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9084399140","repostId":"2229599011","repostType":4,"repost":{"id":"2229599011","kind":"highlight","pubTimestamp":1650691800,"share":"https://ttm.financial/m/news/2229599011?lang=&edition=fundamental","pubTime":"2022-04-23 13:30","market":"us","language":"en","title":"Will Nvidia Be a Trillion-Dollar Stock by 2025?","url":"https://stock-news.laohu8.com/highlight/detail?id=2229599011","media":"Motley Fool","summary":"The chipmaker nearly joined the twelve-zero club last year, but it could be awhile before it gets back there.","content":"<div>\n<p>Nvidia's stock closed at an all-time high of $333.76 on Nov. 29, 2021, which gave the chipmaker a market cap of $834 billion. At the time, Nvidia seemed destined to become a trillion-dollar company....</p>\n\n<a href=\"https://www.fool.com/investing/2022/04/22/will-nvidia-be-a-trillion-dollar-stock-by-2025/\">Web 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>Will Nvidia Be a Trillion-Dollar Stock by 2025?</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\">\nWill Nvidia Be a Trillion-Dollar Stock by 2025?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-23 13:30 GMT+8 <a href=https://www.fool.com/investing/2022/04/22/will-nvidia-be-a-trillion-dollar-stock-by-2025/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nvidia's stock closed at an all-time high of $333.76 on Nov. 29, 2021, which gave the chipmaker a market cap of $834 billion. At the time, Nvidia seemed destined to become a trillion-dollar company....</p>\n\n<a href=\"https://www.fool.com/investing/2022/04/22/will-nvidia-be-a-trillion-dollar-stock-by-2025/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4550":"红杉资本持仓","BK4567":"ESG概念","BK4141":"半导体产品","BK4534":"瑞士信贷持仓","BK4548":"巴美列捷福持仓","BK4579":"人工智能","BK4532":"文艺复兴科技持仓","BK4554":"元宇宙及AR概念","BK4581":"高盛持仓","BK4503":"景林资产持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","NVDA":"英伟达","BK4529":"IDC概念","BK4543":"AI","BK4527":"明星科技股","BK4551":"寇图资本持仓","BK4549":"软银资本持仓"},"source_url":"https://www.fool.com/investing/2022/04/22/will-nvidia-be-a-trillion-dollar-stock-by-2025/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2229599011","content_text":"Nvidia's stock closed at an all-time high of $333.76 on Nov. 29, 2021, which gave the chipmaker a market cap of $834 billion. At the time, Nvidia seemed destined to become a trillion-dollar company.But after hitting its all-time high, Nvidia's stock shed over a third of its value and its market cap dropped to less than $550 billion. The bulls fled amid concerns about a post-COVID-lockdown slowdown in PC sales, while rising interest rates exacerbated that pain by sparking a sell-off in higher-growth stocks.Can Nvidia regain its momentum and finally join the twelve-zero club by 2025? Let's examine its upcoming catalysts and challenges to find out.Image source: Nvidia.Nvidia could face a cyclical slowdownNvidia's stock hit an all-time high last year as its gaming and data center GPU business generated dazzling growth throughout the pandemic.In the 2022 fiscal year, which ended this January, Nvidia's revenue surged 61% to $26.91 billion as its adjusted earnings per share (EPS) grew 78%. Its adjusted operating margin jumped 640 basis points to 47.2%. It attributed most of that growth to its robust sales of gaming and data center GPUs.But over the next three fiscal years, analysts expect Nvidia's revenue growth to decelerate as that upgrade cycle cools off. On the bright side, they expect its adjusted operating margin to consistently rise as it benefits from improved scale and pricing power in the GPU market.MetricFY 2023 EstimateFY 2024 EstimateFY 2025 EstimateRevenue Growth29%17%12%Adjusted operating margin48.3%49.4%51%Adjusted EPS growth 15%34%11%Data source: S&P Global Market Intelligence.If those expectations are met, Nvidia would generate $45.64 billion in revenue with an adjusted EPS of $6.59 in fiscal 2025.Nvidia currently trades at 16 times its revenue and about 50 times its EPS estimate for fiscal 2023. If Nvidia still trades at those forward valuations at the end of fiscal 2024 and hits the estimates, it would have a market cap of about $730 billion.However, those valuations would still be too rich for a company that's growing its revenue and earnings in the low teens. Therefore, I think Nvidia's market cap might stay between $500 billion and $700 billion over the next three years as it grapples with a cyclical slowdown in the GPU market.The near-term headwindsInvestors should take analysts' estimates with a grain of salt, but Nvidia stock likely needs to take a breather after its big growth spurt over the past few years.In HP's (NYSE: HPQ) latest earnings report, it said its sales of consumer PCs fell 1% year-over-year as it faced tough comparisons to the boost it got from remote work and gaming upgrades during the pandemic. That slowdown doesn't bode well for Nvidia and other PC chipmakers.Meanwhile, data center operators might buy fewer Nvidia GPUs for AI tasks as the usage of cloud-based services decelerates in a post-lockdown market. Waning interest in cryptocurrencies, many of which have lost value this year as investors have rotated out of riskier assets, will also curb sales of its gaming GPUs and dedicated mining chips.To make matters worse, Intel (NASDAQ: INTC) plans to disrupt Nvidia and AMD's (NASDAQ: AMD) duopoly in discrete GPUs with its own chips. These new GPUs, which Intel is bundling with its own CPUs, could cause more headaches for Nvidia and AMD as the broader gaming market slows down.The long-term tailwindsThose challenges seem daunting, but Nvidia has weathered plenty of cyclical downturns and competitive threats since its public debut in 1999. It also remains the dominant discrete GPU maker with an 81% market share, according to JPR's fourth-quarter numbers, compared to AMD's 19% share.The gaming and data center markets should also keep expanding over the next few years. The gaming PC market could expand at a compound annual growth rate (CAGR) of 14.9% between 2021 and 2027, according to Report Ocean, while Research and Markets expects the data center accelerator market to grow at a CAGR of 36.7% between 2021 and 2026.If Nvidia continues to dominate both of those growing markets, its cyclical slowdown could end a lot sooner than expected. Its oft-overlooked automotive chip business -- which generated just 2% of revenue in its latest quarter -- could also gain more traction as the automotive sector gradually recovers and develops new connected and autonomous vehicles.Look beyond Nvidia's market capNvidia probably won't become a trillion-dollar company by 2025, and investors who were spoiled by its 380% rally over the past three years might be a bit disappointed. However, it's arguably better for Nvidia's stock to cool off now and reset the market's expectations instead of flying off the rails with runaway valuations.Nvidia's stock might generate much lower returns over the next three years, but investors shouldn't abandon the chipmaker yet. Long-term secular tailwinds could still propel its stock to new all-time highs.","news_type":1,"symbols_score_info":{"NVDA":1}},"isVote":1,"tweetType":1,"viewCount":2916,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9082920986,"gmtCreate":1650511406855,"gmtModify":1676534742139,"author":{"id":"4095117092393450","authorId":"4095117092393450","name":"TiggerBaby","avatar":"https://static.tigerbbs.com/92afc92c743cbc82bdc0ccd1a404f3e0","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4095117092393450","idStr":"4095117092393450"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9082920986","repostId":"2229668973","repostType":4,"repost":{"id":"2229668973","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":1650496627,"share":"https://ttm.financial/m/news/2229668973?lang=&edition=fundamental","pubTime":"2022-04-21 07:17","market":"us","language":"en","title":"US STOCKS-Nasdaq Drops as Netflix Subscriber Numbers Weigh on Tech","url":"https://stock-news.laohu8.com/highlight/detail?id=2229668973","media":"Reuters","summary":"* Procter & Gamble up on raising FY sales forecast* IBM gains on upbeat forecast, Q1 results beat* N","content":"<html><head></head><body><p>* Procter & Gamble up on raising FY sales forecast</p><p>* <a href=\"https://laohu8.com/S/IBM\">IBM</a> gains on upbeat forecast, Q1 results beat</p><p>* Netflix slumps after Q1 subscriber loss</p><p>* Indexes: Dow up 0.71%, S&P slips 0.06%, Nasdaq off 1.22%</p><p>The tech-heavy Nasdaq dropped on Wednesday as Netflix's surprise decline in subscribers weighed on both the streaming giant and other high-growth companies, which investors feared may face similar post-pandemic performance issues.</p><p>By contrast, the blue-chip Dow was driven to a second-successive higher close by positive earnings from consumer giant Procter & Gamble and IT firm IBM Corp. The duo rose 2.7 and 7.1% respectively.</p><p>Netflix Inc plunged 35.1%, its largest one-day fall in over a decade, after it blamed inflation, the Ukraine war and fierce competition for the subscriber decline and predicted deeper losses ahead.</p><p>The ripple effects were felt both by financial technology names and companies whose fortunes were seen to have been boosted by pandemic trends such as lockdown measures.</p><p>Streaming peers Walt Disney, Roku and Warner Bros Discovery all dropped more than 5.5%, while stay-at-home darlings <a href=\"https://laohu8.com/S/ZM\">Zoom</a> Video Communications, Doordash and Peloton Interactive saw their shares fall between 6% and 11.3%.</p><p>Suffering financials included <a href=\"https://laohu8.com/S/PYPL\">PayPal</a> Holdings Inc and <a href=\"https://laohu8.com/S/SQ\">Block</a> Inc, which both fell more than 8.5%. Marqeta Inc and SoFi Technologies Inc declined 5.6% and 6.2% respectively.</p><p>"Once profits move so far, it becomes harder to get that next little bit of growth, and it's harder to obtain it in the late cycle," said Jason Pride, chief investment officer of private wealth at Glenmede.</p><p>"I think the market is beginning to comprehend that, and will need to comprehend that as we go through the year."</p><p>Market-leading technology and growth stocks have struggled this year as investors worry that rising interest rates will dent their future earnings. The Nasdaq is down nearly 14% so far this year, while the benchmark S&P 500 is down 6.4%.</p><p>Overall, the earnings season has started on a strong note. Of the 60 companies in the S&P 500 index that have reported results so far, 80% exceeded profit expectations, as per Refinitiv data. Typically, 66% beat estimates.</p><p>The Dow Jones Industrial Average rose 249.59 points, or 0.71%, to 35,160.79, the S&P 500 lost 2.76 points, or 0.06%, to 4,459.45 and the Nasdaq Composite dropped 166.59 points, or 1.22%, to 13,453.07.</p><p>The communication services sector declined 4.1%, although eight of the 11 major S&P 500 sectors gained, led by the real estate index which posted its best finish since Jan. 4. The consumer staples benchmark was just behind it, climbing to a second-straight record close.</p><p>Meanwhile, the latest data points on the Federal Reserve's monetary policy tightening plans were released in the afternoon.</p><p>Its "Beige Book" showed the U.S. economy expanded at a moderate pace from February through early April, while San Francisco Federal Reserve President Mary Daly said she believes the case for a half-percentage-point interest rate hike next month is "complete".</p><p>The yield on 10-year Treasury note receded to 2.85% after a blistering rally that pushed it close to the key 3% level earlier in the session.</p><p>Tesla Inc fell 5%, but was trading higher after posting record deliveries and higher revenue in its first-quarter results after the close.</p><p>Investors had been concerned about the electric automaker's ability to meet its ambitious 2022 delivery target after its biggest factory in Shanghai was shut as part of the city's COVID-19 lockdown.</p><p>United Airlines Holdings Inc gained 1.2%, helping the S&P 1500 Airlines index to a sixth advance in the past seven sessions. United's shares dipped marginally after it reported earnings after the closing bell.</p><p>The volume on U.S. exchanges was 10.85 billion shares, compared with the 11.61 billion average for the full session over the last 20 trading days.</p><p>The S&P 500 posted 70 new 52-week highs and three new lows; the Nasdaq Composite recorded 88 new highs and 164 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-Nasdaq Drops as Netflix Subscriber Numbers Weigh on Tech</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS STOCKS-Nasdaq Drops as Netflix Subscriber Numbers Weigh on Tech\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\">2022-04-21 07:17</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* Procter & Gamble up on raising FY sales forecast</p><p>* <a href=\"https://laohu8.com/S/IBM\">IBM</a> gains on upbeat forecast, Q1 results beat</p><p>* Netflix slumps after Q1 subscriber loss</p><p>* Indexes: Dow up 0.71%, S&P slips 0.06%, Nasdaq off 1.22%</p><p>The tech-heavy Nasdaq dropped on Wednesday as Netflix's surprise decline in subscribers weighed on both the streaming giant and other high-growth companies, which investors feared may face similar post-pandemic performance issues.</p><p>By contrast, the blue-chip Dow was driven to a second-successive higher close by positive earnings from consumer giant Procter & Gamble and IT firm IBM Corp. The duo rose 2.7 and 7.1% respectively.</p><p>Netflix Inc plunged 35.1%, its largest one-day fall in over a decade, after it blamed inflation, the Ukraine war and fierce competition for the subscriber decline and predicted deeper losses ahead.</p><p>The ripple effects were felt both by financial technology names and companies whose fortunes were seen to have been boosted by pandemic trends such as lockdown measures.</p><p>Streaming peers Walt Disney, Roku and Warner Bros Discovery all dropped more than 5.5%, while stay-at-home darlings <a href=\"https://laohu8.com/S/ZM\">Zoom</a> Video Communications, Doordash and Peloton Interactive saw their shares fall between 6% and 11.3%.</p><p>Suffering financials included <a href=\"https://laohu8.com/S/PYPL\">PayPal</a> Holdings Inc and <a href=\"https://laohu8.com/S/SQ\">Block</a> Inc, which both fell more than 8.5%. Marqeta Inc and SoFi Technologies Inc declined 5.6% and 6.2% respectively.</p><p>"Once profits move so far, it becomes harder to get that next little bit of growth, and it's harder to obtain it in the late cycle," said Jason Pride, chief investment officer of private wealth at Glenmede.</p><p>"I think the market is beginning to comprehend that, and will need to comprehend that as we go through the year."</p><p>Market-leading technology and growth stocks have struggled this year as investors worry that rising interest rates will dent their future earnings. The Nasdaq is down nearly 14% so far this year, while the benchmark S&P 500 is down 6.4%.</p><p>Overall, the earnings season has started on a strong note. Of the 60 companies in the S&P 500 index that have reported results so far, 80% exceeded profit expectations, as per Refinitiv data. Typically, 66% beat estimates.</p><p>The Dow Jones Industrial Average rose 249.59 points, or 0.71%, to 35,160.79, the S&P 500 lost 2.76 points, or 0.06%, to 4,459.45 and the Nasdaq Composite dropped 166.59 points, or 1.22%, to 13,453.07.</p><p>The communication services sector declined 4.1%, although eight of the 11 major S&P 500 sectors gained, led by the real estate index which posted its best finish since Jan. 4. The consumer staples benchmark was just behind it, climbing to a second-straight record close.</p><p>Meanwhile, the latest data points on the Federal Reserve's monetary policy tightening plans were released in the afternoon.</p><p>Its "Beige Book" showed the U.S. economy expanded at a moderate pace from February through early April, while San Francisco Federal Reserve President Mary Daly said she believes the case for a half-percentage-point interest rate hike next month is "complete".</p><p>The yield on 10-year Treasury note receded to 2.85% after a blistering rally that pushed it close to the key 3% level earlier in the session.</p><p>Tesla Inc fell 5%, but was trading higher after posting record deliveries and higher revenue in its first-quarter results after the close.</p><p>Investors had been concerned about the electric automaker's ability to meet its ambitious 2022 delivery target after its biggest factory in Shanghai was shut as part of the city's COVID-19 lockdown.</p><p>United Airlines Holdings Inc gained 1.2%, helping the S&P 1500 Airlines index to a sixth advance in the past seven sessions. United's shares dipped marginally after it reported earnings after the closing bell.</p><p>The volume on U.S. exchanges was 10.85 billion shares, compared with the 11.61 billion average for the full session over the last 20 trading days.</p><p>The S&P 500 posted 70 new 52-week highs and three new lows; the Nasdaq Composite recorded 88 new highs and 164 new lows.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4108":"电影和娱乐","BK4566":"资本集团","BK4507":"流媒体概念","BK4534":"瑞士信贷持仓","BK4548":"巴美列捷福持仓","NFLX":"奈飞","BK4524":"宅经济概念","QNETCN":"纳斯达克中美互联网老虎指数","BK4581":"高盛持仓","BK4532":"文艺复兴科技持仓","BK4527":"明星科技股","BK4551":"寇图资本持仓"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2229668973","content_text":"* Procter & Gamble up on raising FY sales forecast* IBM gains on upbeat forecast, Q1 results beat* Netflix slumps after Q1 subscriber loss* Indexes: Dow up 0.71%, S&P slips 0.06%, Nasdaq off 1.22%The tech-heavy Nasdaq dropped on Wednesday as Netflix's surprise decline in subscribers weighed on both the streaming giant and other high-growth companies, which investors feared may face similar post-pandemic performance issues.By contrast, the blue-chip Dow was driven to a second-successive higher close by positive earnings from consumer giant Procter & Gamble and IT firm IBM Corp. The duo rose 2.7 and 7.1% respectively.Netflix Inc plunged 35.1%, its largest one-day fall in over a decade, after it blamed inflation, the Ukraine war and fierce competition for the subscriber decline and predicted deeper losses ahead.The ripple effects were felt both by financial technology names and companies whose fortunes were seen to have been boosted by pandemic trends such as lockdown measures.Streaming peers Walt Disney, Roku and Warner Bros Discovery all dropped more than 5.5%, while stay-at-home darlings Zoom Video Communications, Doordash and Peloton Interactive saw their shares fall between 6% and 11.3%.Suffering financials included PayPal Holdings Inc and Block Inc, which both fell more than 8.5%. Marqeta Inc and SoFi Technologies Inc declined 5.6% and 6.2% respectively.\"Once profits move so far, it becomes harder to get that next little bit of growth, and it's harder to obtain it in the late cycle,\" said Jason Pride, chief investment officer of private wealth at Glenmede.\"I think the market is beginning to comprehend that, and will need to comprehend that as we go through the year.\"Market-leading technology and growth stocks have struggled this year as investors worry that rising interest rates will dent their future earnings. The Nasdaq is down nearly 14% so far this year, while the benchmark S&P 500 is down 6.4%.Overall, the earnings season has started on a strong note. Of the 60 companies in the S&P 500 index that have reported results so far, 80% exceeded profit expectations, as per Refinitiv data. Typically, 66% beat estimates.The Dow Jones Industrial Average rose 249.59 points, or 0.71%, to 35,160.79, the S&P 500 lost 2.76 points, or 0.06%, to 4,459.45 and the Nasdaq Composite dropped 166.59 points, or 1.22%, to 13,453.07.The communication services sector declined 4.1%, although eight of the 11 major S&P 500 sectors gained, led by the real estate index which posted its best finish since Jan. 4. The consumer staples benchmark was just behind it, climbing to a second-straight record close.Meanwhile, the latest data points on the Federal Reserve's monetary policy tightening plans were released in the afternoon.Its \"Beige Book\" showed the U.S. economy expanded at a moderate pace from February through early April, while San Francisco Federal Reserve President Mary Daly said she believes the case for a half-percentage-point interest rate hike next month is \"complete\".The yield on 10-year Treasury note receded to 2.85% after a blistering rally that pushed it close to the key 3% level earlier in the session.Tesla Inc fell 5%, but was trading higher after posting record deliveries and higher revenue in its first-quarter results after the close.Investors had been concerned about the electric automaker's ability to meet its ambitious 2022 delivery target after its biggest factory in Shanghai was shut as part of the city's COVID-19 lockdown.United Airlines Holdings Inc gained 1.2%, helping the S&P 1500 Airlines index to a sixth advance in the past seven sessions. United's shares dipped marginally after it reported earnings after the closing bell.The volume on U.S. exchanges was 10.85 billion shares, compared with the 11.61 billion average for the full session over the last 20 trading days.The S&P 500 posted 70 new 52-week highs and three new lows; the Nasdaq Composite recorded 88 new highs and 164 new lows.","news_type":1,"symbols_score_info":{"NFLX":1,"QNETCN":0.6}},"isVote":1,"tweetType":1,"viewCount":2761,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9081535599,"gmtCreate":1650251324909,"gmtModify":1676534679517,"author":{"id":"4095117092393450","authorId":"4095117092393450","name":"TiggerBaby","avatar":"https://static.tigerbbs.com/92afc92c743cbc82bdc0ccd1a404f3e0","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4095117092393450","idStr":"4095117092393450"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9081535599","repostId":"2228379987","repostType":4,"isVote":1,"tweetType":1,"viewCount":3031,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"followers","isTTM":true}