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smiletiger
smiletiger
·
2022-11-28
yeah
@Nggimseng：
$OCEANUS GROUP LIMITED(579.SI)$ Up and hold
$OCEANUS GROUP LIMITED(579.SI)$ Up and hold
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smiletiger
smiletiger
·
2022-10-09
bad
@Nggimseng：
$OCEANUS GROUP LIMITED(579.SI)$Wow going to touch 0.01
$OCEANUS GROUP LIMITED(579.SI)$Wow going to touch 0.01
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smiletiger
smiletiger
·
2022-09-28
good
Semiconductor Stocks Jumped in Morning Trading, With Nvidia Rising over 3%
Semiconductor Stocks Jumped in Morning Trading, With Nvidia Rising over 3%.STM, AMD, Micron, ASML, A
Semiconductor Stocks Jumped in Morning Trading, With Nvidia Rising over 3%
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smiletiger
smiletiger
·
2022-09-25
yeah
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smiletiger
smiletiger
·
2022-08-13
good
Meme Stocks Took off in Morning Trading, With BBBY Surging Over 7% and Gamestop Jumping Nearly 4%
Meme stocks took off in morning trading, with BBBY surging over 7% and Gamestop jumping nearly 4%.
Meme Stocks Took off in Morning Trading, With BBBY Surging Over 7% and Gamestop Jumping Nearly 4%
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smiletiger
smiletiger
·
2022-08-13
good
NIO: A Simple Reality Check
SummaryNIO enjoys several strategic advantages in the long-term, including Beijing’s recent announcement to support EV adaption and its leading scale domestically.In the near term, the business has ju
NIO: A Simple Reality Check
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smiletiger
smiletiger
·
2022-08-01
good
Cathie Wood Sees Early Signs Of Bear Market Ending, Stands By Favorite Growth Stock Picks
ZINGER KEY POINTSArk's Innovation fund bottomed in mid-May before the Nasdaq and S&P did, Cathie Woo
Cathie Wood Sees Early Signs Of Bear Market Ending, Stands By Favorite Growth Stock Picks
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smiletiger
smiletiger
·
2022-07-30
yeah
Buy or Sell Apple Stock After Its Strong Earnings? 5 Reasons to Pick It Up
Apple's better-than-expected earnings report helped shake off investor concerns about how a slowdown
Buy or Sell Apple Stock After Its Strong Earnings? 5 Reasons to Pick It Up
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smiletiger
smiletiger
·
2022-07-24
huh
Sorry, this post has been deleted
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smiletiger
smiletiger
·
2022-07-23
good
Citi Shutters Muni Proprietary-Trading Desk Amid a Wave of Departures
Bank slips to fifth place among US muni underwritersMore than two dozen bankers, traders, salespeopl
Citi Shutters Muni Proprietary-Trading Desk Amid a Wave of Departures
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class=\"title\">\nSemiconductor Stocks Jumped in Morning Trading, With Nvidia Rising over 3%\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\">2022-09-27 22:28</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Semiconductor Stocks Jumped in Morning Trading, With Nvidia Rising over 3%.</p><p>STM, AMD, Micron, ASML, Applied Materials and ASX rose between 1% and 3%.<img src=\"https://static.tigerbbs.com/42966c6a458f7ef2c17a7ce888dfe343\" tg-width=\"486\" tg-height=\"526\" width=\"100%\" height=\"auto\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达","STM":"意法半导体"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154302891","content_text":"Semiconductor Stocks Jumped in Morning Trading, With Nvidia Rising over 3%.STM, AMD, Micron, ASML, Applied Materials and ASX rose between 1% and 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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>Meme Stocks Took off in Morning Trading, With BBBY Surging Over 7% and Gamestop Jumping Nearly 4%</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 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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\">\nMeme Stocks Took off in Morning Trading, With BBBY Surging Over 7% and Gamestop Jumping Nearly 4%\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\">2022-08-12 23:09</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Meme stocks took off in morning trading, with BBBY surging over 7% and Gamestop jumping nearly 4%.<img src=\"https://static.tigerbbs.com/5743c4363968765b2f2ed59339ef9e1d\" tg-width=\"263\" tg-height=\"518\" width=\"100%\" height=\"auto\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站","BBBY":"Bed Bath & Beyond, Inc."},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1182477853","content_text":"Meme stocks took off in morning trading, with BBBY surging over 7% and Gamestop jumping nearly 4%.","news_type":1,"symbols_score_info":{"BBBY":0.9,"GME":0.9}},"isVote":1,"tweetType":1,"viewCount":2293,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9990843556,"gmtCreate":1660344637278,"gmtModify":1676533452697,"author":{"id":"4103835277935630","authorId":"4103835277935630","name":"smiletiger","avatar":"https://community-static.tradeup.com/news/1192b3dc1638d5c55cfe866e190658d6","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4103835277935630","idStr":"4103835277935630"},"themes":[],"htmlText":"good","listText":"good","text":"good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9990843556","repostId":"1163130137","repostType":4,"repost":{"id":"1163130137","kind":"news","pubTimestamp":1660318020,"share":"https://ttm.financial/m/news/1163130137?lang=&edition=fundamental","pubTime":"2022-08-12 23:27","market":"hk","language":"en","title":"NIO: A Simple Reality Check","url":"https://stock-news.laohu8.com/highlight/detail?id=1163130137","media":"Seeking Alpha","summary":"SummaryNIO enjoys several strategic advantages in the long-term, including Beijing’s recent announcement to support EV adaption and its leading scale domestically.In the near term, the business has ju","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>NIO enjoys several strategic advantages in the long-term, including Beijing’s recent announcement to support EV adaption and its leading scale domestically.</li><li>In the near term, the business has just posted 27% YoY delivery growth in July and passed the 10k monthly delivery mark.</li><li>Its rapid growth in revenues and deliveries has not translated into healthy profits.</li><li>As a result, I still cannot see a strong case for shareholder returns in the near future.</li></ul><p><b>Thesis</b></p><p>NIO Inc. (NYSE:NIO) has been reporting mixed news to shareholders lately. On the positive side, NIO delivered a total of 10.05k cars in July, a 60% growth YoY. And this also exceeded the 10k monthly. Furthermore, the company also recently started selling its ES8 model overseas (in Norway). Although its sales are still predominately in China, this also marks the beginning of its attempts to break into the global market. On the negative side, the COVID situation in China remains fluid, competition is intensifying, and NIO has yet to translate its growth in profit.</p><p>Overall, I am seeing more negatives than positives, as reflected in its stock prices as you can see from the chart below. NIO share prices have declined more than 37% YTD, lagging both its domestic peers and global peers by a large margin. For example, the share prices of Li Auto (LI) only lost about 2%, and Tesla (TSLA) about 17%. More tellingly, even the recent announcement from Beijing to extend the tax credit to support EV adaption could not lift its stock prices.</p><p>Next, we will dive into the good, bad, and ugly in more detail.</p><p><img src=\"https://static.tigerbbs.com/20a8948ae6a4e8dc5e7836faf0cc08d0\" tg-width=\"640\" tg-height=\"411\" referrerpolicy=\"no-referrer\"/></p><p>Seeking Alpha</p><p><b>The good, the bad, and the ugly</b></p><p>On the positive side, growth remains robust. After the China-locked alleviated, NIO quickly ramped up its productions and deliveries as you can see from the following chart. In particular, it delivered 10,052 vehicles in July 2022. Do not be under-impressed by the comparison again in June. June sets a tough comp. It delivered 12.9k vehicles during June and set an all-time monthly record. The July delivery still represented a robust 27% growth YoY. The production data also show that the company has the capability to reliably produce and deliver 10k cars per month assuming normal operation conditions.</p><p><img src=\"https://static.tigerbbs.com/a1bb8113610f2c1ce680c20776c48340\" tg-width=\"640\" tg-height=\"328\" referrerpolicy=\"no-referrer\"/></p><p>Source: insideevs.com</p><p>Moreover, the company is also expanding aggressively on other fronts. It started selling cars in Norway in later 2021, marking the beginning of its attempts for overseas expansion. It also aggressively invests in its future models and infrastructure. It expects to launch the ET5 mid-size electric sedan in Q3 2022. It has also just reported in July that its battery swap stations have reached 1,047 and logged in over 10 million times usage cumulatively.</p><p>All such rapid expansion has resulted in impressive revenue growth as you can see from the chart below. Quarterly revenues grew from below $400M in 2020 to the current level of over $1.5B. And the YoY growth rates have been consistently in the double-digits.</p><p>However, the business is yet to translate its rapid expansion into profits, as we will detail next.</p><p><img src=\"https://static.tigerbbs.com/e6ba187aec27b216e307b6d15d6e8993\" tg-width=\"640\" tg-height=\"426\" referrerpolicy=\"no-referrer\"/></p><p>Seeking Alpha</p><p><b>Cash flow and capital allocation issues</b></p><p>As you can see from the bottom panel of the above chart, NIO's cash flow has been largely negative over the past few years. It has been bleeding more than $1 billion of cash on a quarterly basis during 2019-2020. And only in recent quarters since 2021, its cash flow has turned positive. It is currently reporting a small positive operating cash flow of $51 million. It's a positive sign, but the magnitude is just too small compared to the scale of the business.</p><p>As a result, NIO has been consistently (and quite aggressively in my view) issuing new equity and debt to finance its expansion. As you can see from the top panel of the following chart, its diluted shares expanded by more than 60% since 2020, from about 1 billion outstanding shares to the current level of more than 1.6 billion shares. Total long-term liabilities have swollen substantially also at the same time. Its debt burden was the lightest during 2018 when its total long-term liabilities were only about $400M. And currently, it stands at $2.8 billion.</p><p><img src=\"https://static.tigerbbs.com/e653b3d62ae0346bf6b1525034b458ea\" tg-width=\"640\" tg-height=\"263\" referrerpolicy=\"no-referrer\"/></p><p>Seeking Alpha</p><p><b>A reality check</b></p><p>Ultimately, shareholder return cannot come from growth alone. It will have to come from the growth of PROFIT. Let's consider a very simple analysis that I call a reality check as shown in the chart below (for readers who like to read the specific numbers, the table behind the chart provides the same information).</p><p>The calculation projects the number of many years of sustained growth required to realize a 10% annualized ROI on investments at the current entry valuation (about 100x price to cash flow multiple taken from Seeking Alpha). The calculations were performed for two terminal multiples: 20x and 15x price to cash flow ratio. As seen, if the terminal valuation is 20x (still a sizeable premium relative to the overall market), it would take about 9 years of sustained growth at 20% CAGR to materialize a 10% annualized ROI. Even at a 40% CAGR, it will take about 5 years.</p><p>To me, this is just too long, and remember that time compounds uncertainties.</p><p><img src=\"https://static.tigerbbs.com/4e761036a137dcbec5ec8077e1c82609\" tg-width=\"640\" tg-height=\"366\" referrerpolicy=\"no-referrer\"/></p><p>Author</p><p><img src=\"https://static.tigerbbs.com/cdc78b171fe49f1eee2b82b528ce04ad\" tg-width=\"640\" tg-height=\"386\" referrerpolicy=\"no-referrer\"/></p><p>Author</p><p><b>Final thoughts and risks</b></p><p>Finally, I also feel the above reality check has already been a bit too optimistic. For example, it assumes no further issuance of new equity, and the share counts remain fixed at their current level. But I feel NIO's share counts would be very likely to be further diluted. And even worse, the dilution could happen during times of compressed stock prices like what we are experiencing now and could be very detrimental to shareholders (at least to existing shareholders).</p><p>Besides the cash and profit issues, there are a few other risks. In the near term, the COVID situation in China remains fluid and a resurgence could happen again, triggering another wave of lockdowns. Competition is also intensifying both domestically and internationally. Both XPeng and Li Auto have posted stronger growth rates in recent months. And both are also entering the EV SUV market to compete with NIO.</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>NIO: A Simple Reality Check</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\">\nNIO: A Simple Reality Check\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-12 23:27 GMT+8 <a href=https://seekingalpha.com/article/4533002-nio-a-simple-reality-check><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryNIO enjoys several strategic advantages in the long-term, including Beijing’s recent announcement to support EV adaption and its leading scale domestically.In the near term, the business has ...</p>\n\n<a href=\"https://seekingalpha.com/article/4533002-nio-a-simple-reality-check\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09866":"蔚来-SW","NIO.SI":"蔚来","NIO":"蔚来"},"source_url":"https://seekingalpha.com/article/4533002-nio-a-simple-reality-check","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1163130137","content_text":"SummaryNIO enjoys several strategic advantages in the long-term, including Beijing’s recent announcement to support EV adaption and its leading scale domestically.In the near term, the business has just posted 27% YoY delivery growth in July and passed the 10k monthly delivery mark.Its rapid growth in revenues and deliveries has not translated into healthy profits.As a result, I still cannot see a strong case for shareholder returns in the near future.ThesisNIO Inc. (NYSE:NIO) has been reporting mixed news to shareholders lately. On the positive side, NIO delivered a total of 10.05k cars in July, a 60% growth YoY. And this also exceeded the 10k monthly. Furthermore, the company also recently started selling its ES8 model overseas (in Norway). Although its sales are still predominately in China, this also marks the beginning of its attempts to break into the global market. On the negative side, the COVID situation in China remains fluid, competition is intensifying, and NIO has yet to translate its growth in profit.Overall, I am seeing more negatives than positives, as reflected in its stock prices as you can see from the chart below. NIO share prices have declined more than 37% YTD, lagging both its domestic peers and global peers by a large margin. For example, the share prices of Li Auto (LI) only lost about 2%, and Tesla (TSLA) about 17%. More tellingly, even the recent announcement from Beijing to extend the tax credit to support EV adaption could not lift its stock prices.Next, we will dive into the good, bad, and ugly in more detail.Seeking AlphaThe good, the bad, and the uglyOn the positive side, growth remains robust. After the China-locked alleviated, NIO quickly ramped up its productions and deliveries as you can see from the following chart. In particular, it delivered 10,052 vehicles in July 2022. Do not be under-impressed by the comparison again in June. June sets a tough comp. It delivered 12.9k vehicles during June and set an all-time monthly record. The July delivery still represented a robust 27% growth YoY. The production data also show that the company has the capability to reliably produce and deliver 10k cars per month assuming normal operation conditions.Source: insideevs.comMoreover, the company is also expanding aggressively on other fronts. It started selling cars in Norway in later 2021, marking the beginning of its attempts for overseas expansion. It also aggressively invests in its future models and infrastructure. It expects to launch the ET5 mid-size electric sedan in Q3 2022. It has also just reported in July that its battery swap stations have reached 1,047 and logged in over 10 million times usage cumulatively.All such rapid expansion has resulted in impressive revenue growth as you can see from the chart below. Quarterly revenues grew from below $400M in 2020 to the current level of over $1.5B. And the YoY growth rates have been consistently in the double-digits.However, the business is yet to translate its rapid expansion into profits, as we will detail next.Seeking AlphaCash flow and capital allocation issuesAs you can see from the bottom panel of the above chart, NIO's cash flow has been largely negative over the past few years. It has been bleeding more than $1 billion of cash on a quarterly basis during 2019-2020. And only in recent quarters since 2021, its cash flow has turned positive. It is currently reporting a small positive operating cash flow of $51 million. It's a positive sign, but the magnitude is just too small compared to the scale of the business.As a result, NIO has been consistently (and quite aggressively in my view) issuing new equity and debt to finance its expansion. As you can see from the top panel of the following chart, its diluted shares expanded by more than 60% since 2020, from about 1 billion outstanding shares to the current level of more than 1.6 billion shares. Total long-term liabilities have swollen substantially also at the same time. Its debt burden was the lightest during 2018 when its total long-term liabilities were only about $400M. And currently, it stands at $2.8 billion.Seeking AlphaA reality checkUltimately, shareholder return cannot come from growth alone. It will have to come from the growth of PROFIT. Let's consider a very simple analysis that I call a reality check as shown in the chart below (for readers who like to read the specific numbers, the table behind the chart provides the same information).The calculation projects the number of many years of sustained growth required to realize a 10% annualized ROI on investments at the current entry valuation (about 100x price to cash flow multiple taken from Seeking Alpha). The calculations were performed for two terminal multiples: 20x and 15x price to cash flow ratio. As seen, if the terminal valuation is 20x (still a sizeable premium relative to the overall market), it would take about 9 years of sustained growth at 20% CAGR to materialize a 10% annualized ROI. Even at a 40% CAGR, it will take about 5 years.To me, this is just too long, and remember that time compounds uncertainties.AuthorAuthorFinal thoughts and risksFinally, I also feel the above reality check has already been a bit too optimistic. For example, it assumes no further issuance of new equity, and the share counts remain fixed at their current level. But I feel NIO's share counts would be very likely to be further diluted. And even worse, the dilution could happen during times of compressed stock prices like what we are experiencing now and could be very detrimental to shareholders (at least to existing shareholders).Besides the cash and profit issues, there are a few other risks. In the near term, the COVID situation in China remains fluid and a resurgence could happen again, triggering another wave of lockdowns. Competition is also intensifying both domestically and internationally. Both XPeng and Li Auto have posted stronger growth rates in recent months. And both are also entering the EV SUV market to compete with NIO.","news_type":1,"symbols_score_info":{"09866":0.9,"NIO.SI":0.9,"NIO":0.9}},"isVote":1,"tweetType":1,"viewCount":2240,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9908092911,"gmtCreate":1659286524333,"gmtModify":1676536281099,"author":{"id":"4103835277935630","authorId":"4103835277935630","name":"smiletiger","avatar":"https://community-static.tradeup.com/news/1192b3dc1638d5c55cfe866e190658d6","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4103835277935630","idStr":"4103835277935630"},"themes":[],"htmlText":"good","listText":"good","text":"good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9908092911","repostId":"1192445379","repostType":4,"repost":{"id":"1192445379","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1659238811,"share":"https://ttm.financial/m/news/1192445379?lang=&edition=fundamental","pubTime":"2022-07-31 11:40","market":"us","language":"en","title":"Cathie Wood Sees Early Signs Of Bear Market Ending, Stands By Favorite Growth Stock Picks","url":"https://stock-news.laohu8.com/highlight/detail?id=1192445379","media":"Benzinga","summary":"ZINGER KEY POINTSArk's Innovation fund bottomed in mid-May before the Nasdaq and S&P did, Cathie Woo","content":"<html><head></head><body><p><b>ZINGER KEY POINTS</b></p><ul><li>Ark's Innovation fund bottomed in mid-May before the Nasdaq and S&P did, Cathie Wood Says</li><li>"That was an early signal that we might be turning the corner here," Wood adds</li><li>She is optimistic about Roku, Teladoc, Shopify and Coinbase despite their recent declines</li></ul><p><img src=\"https://static.tigerbbs.com/a372276acb7064c0ae2816c230792d38\" tg-width=\"576\" tg-height=\"311\" width=\"100%\" height=\"auto\"/></p><p>Ark Invest founder <b>Cathie Wood</b> seems to think the market is approaching a bottom and growth stocks would lead a recovery, the fund manager told CNBC’s Tech Trade Special Friday.</p><p>“Typically growth stocks will outperform as we move towards the end of a bear market and of a recession because they are the new leadership,” she reportedly said.</p><p>After peaking late last year, the broader market has been on a secular downtrend. But since mid-June, stocks have shown signs of reversing course. A bear market is technically defined as a decline of over 20% from a recent high.</p><p>Wood said, on an intraday basis the fund’s flagship ETF - <b>ARK Innovation ETF</b> (ARKK), bottomed on May 12.</p><p>“We actually bottomed before the Nasdaq and the S&P did,” the fund manager said.</p><p>“That was an early signal that we might be turning the corner here,” she added.</p><p>Innovation investors, Wood said, have been calling for a recession for some time now, primarily due to excess inventories. The earnings season thus far has made it obvious that the “downturn is upon us,” she said.</p><p>The fund manager sees the Federal Reserve beginning to relax monetary policy next year.</p><p>“The recession might be sustained if it continues to raise rates and the yield curve continues to invert,” she said.</p><p>Wood also discussed some of her favorite stocks:</p><p><b>Roku, Inc.</b>: Wood calls the company a “play on the move from linear TV to digital TV, streaming technology”</p><p><b>Coinbase Global, Inc.</b>: The fund manager said the recent trimming of stake was to raise cash to buy Canadian e-commerce company <b>Shopify, Inc.</b> the same day. She said she is long-term bullish on Coinbase and shrugged off regulatory risk as overblown.</p><p><b>Teladoc, Inc.</b> & Shopify: Wood noted that she capitalized on the recent earnings-induced dips and bought Teladoc and Shopify.</p><p>ARKK closed Friday’s session down 2.27% at $45.13, according toBenzinga Pro data.</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>Cathie Wood Sees Early Signs Of Bear Market Ending, Stands By Favorite Growth Stock Picks</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\">\nCathie Wood Sees Early Signs Of Bear Market Ending, Stands By Favorite Growth Stock Picks\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2022-07-31 11:40</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><b>ZINGER KEY POINTS</b></p><ul><li>Ark's Innovation fund bottomed in mid-May before the Nasdaq and S&P did, Cathie Wood Says</li><li>"That was an early signal that we might be turning the corner here," Wood adds</li><li>She is optimistic about Roku, Teladoc, Shopify and Coinbase despite their recent declines</li></ul><p><img src=\"https://static.tigerbbs.com/a372276acb7064c0ae2816c230792d38\" tg-width=\"576\" tg-height=\"311\" width=\"100%\" height=\"auto\"/></p><p>Ark Invest founder <b>Cathie Wood</b> seems to think the market is approaching a bottom and growth stocks would lead a recovery, the fund manager told CNBC’s Tech Trade Special Friday.</p><p>“Typically growth stocks will outperform as we move towards the end of a bear market and of a recession because they are the new leadership,” she reportedly said.</p><p>After peaking late last year, the broader market has been on a secular downtrend. But since mid-June, stocks have shown signs of reversing course. A bear market is technically defined as a decline of over 20% from a recent high.</p><p>Wood said, on an intraday basis the fund’s flagship ETF - <b>ARK Innovation ETF</b> (ARKK), bottomed on May 12.</p><p>“We actually bottomed before the Nasdaq and the S&P did,” the fund manager said.</p><p>“That was an early signal that we might be turning the corner here,” she added.</p><p>Innovation investors, Wood said, have been calling for a recession for some time now, primarily due to excess inventories. The earnings season thus far has made it obvious that the “downturn is upon us,” she said.</p><p>The fund manager sees the Federal Reserve beginning to relax monetary policy next year.</p><p>“The recession might be sustained if it continues to raise rates and the yield curve continues to invert,” she said.</p><p>Wood also discussed some of her favorite stocks:</p><p><b>Roku, Inc.</b>: Wood calls the company a “play on the move from linear TV to digital TV, streaming technology”</p><p><b>Coinbase Global, Inc.</b>: The fund manager said the recent trimming of stake was to raise cash to buy Canadian e-commerce company <b>Shopify, Inc.</b> the same day. She said she is long-term bullish on Coinbase and shrugged off regulatory risk as overblown.</p><p><b>Teladoc, Inc.</b> & Shopify: Wood noted that she capitalized on the recent earnings-induced dips and bought Teladoc and Shopify.</p><p>ARKK closed Friday’s session down 2.27% at $45.13, according toBenzinga Pro data.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ROKU":"Roku Inc","TDOC":"Teladoc Health Inc.","ARKK":"ARK Innovation ETF","COIN":"Coinbase Global, Inc.","SHOP":"Shopify Inc"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1192445379","content_text":"ZINGER KEY POINTSArk's Innovation fund bottomed in mid-May before the Nasdaq and S&P did, Cathie Wood Says\"That was an early signal that we might be turning the corner here,\" Wood addsShe is optimistic about Roku, Teladoc, Shopify and Coinbase despite their recent declinesArk Invest founder Cathie Wood seems to think the market is approaching a bottom and growth stocks would lead a recovery, the fund manager told CNBC’s Tech Trade Special Friday.“Typically growth stocks will outperform as we move towards the end of a bear market and of a recession because they are the new leadership,” she reportedly said.After peaking late last year, the broader market has been on a secular downtrend. But since mid-June, stocks have shown signs of reversing course. A bear market is technically defined as a decline of over 20% from a recent high.Wood said, on an intraday basis the fund’s flagship ETF - ARK Innovation ETF (ARKK), bottomed on May 12.“We actually bottomed before the Nasdaq and the S&P did,” the fund manager said.“That was an early signal that we might be turning the corner here,” she added.Innovation investors, Wood said, have been calling for a recession for some time now, primarily due to excess inventories. The earnings season thus far has made it obvious that the “downturn is upon us,” she said.The fund manager sees the Federal Reserve beginning to relax monetary policy next year.“The recession might be sustained if it continues to raise rates and the yield curve continues to invert,” she said.Wood also discussed some of her favorite stocks:Roku, Inc.: Wood calls the company a “play on the move from linear TV to digital TV, streaming technology”Coinbase Global, Inc.: The fund manager said the recent trimming of stake was to raise cash to buy Canadian e-commerce company Shopify, Inc. the same day. She said she is long-term bullish on Coinbase and shrugged off regulatory risk as overblown.Teladoc, Inc. & Shopify: Wood noted that she capitalized on the recent earnings-induced dips and bought Teladoc and Shopify.ARKK closed Friday’s session down 2.27% at $45.13, according toBenzinga Pro data.","news_type":1,"symbols_score_info":{"ARKK":0.9,"ROKU":0.9,"COIN":0.9,"SHOP":0.9,"TDOC":0.9}},"isVote":1,"tweetType":1,"viewCount":2853,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9901354081,"gmtCreate":1659142361543,"gmtModify":1676536263352,"author":{"id":"4103835277935630","authorId":"4103835277935630","name":"smiletiger","avatar":"https://community-static.tradeup.com/news/1192b3dc1638d5c55cfe866e190658d6","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4103835277935630","idStr":"4103835277935630"},"themes":[],"htmlText":"yeah","listText":"yeah","text":"yeah","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9901354081","repostId":"2255551011","repostType":4,"repost":{"id":"2255551011","kind":"highlight","pubTimestamp":1659143138,"share":"https://ttm.financial/m/news/2255551011?lang=&edition=fundamental","pubTime":"2022-07-30 09:05","market":"us","language":"en","title":"Buy or Sell Apple Stock After Its Strong Earnings? 5 Reasons to Pick It Up","url":"https://stock-news.laohu8.com/highlight/detail?id=2255551011","media":"Barrons","summary":"Apple's better-than-expected earnings report helped shake off investor concerns about how a slowdown","content":"<html><head></head><body><p>Apple's better-than-expected earnings report helped shake off investor concerns about how a slowdown in consumer demand would impact the tech giant. As sentiment turns positive, it may be time to buy the stock, analysts say.</p><p>Investors were wary heading into Apple's (ticker: AAPL) earnings, heeding warnings about the cloud of macroeconomic challenges descending on the tech sector. Aside from slowing consumer demand, the company has had to grapple with nagging supply chain challenges and rising interest rates, which depressed estimates and price targets in the weeks before the report.</p><p>But Apple joined Amazon.com ( AMZN) in assuaging investor fears on Thursday by posting solid quarterly results that beat expectations. Analysts reacted positively to the report, and gained confidence that the company could continue to outperform over the next few quarters.</p><p>"We would characterize this quarter as a major bullish statement on iPhone demand and Cupertino's [the location of Apple's main office] ability to navigate a supply chain shortage in an impressive performance, " wrote Wedbush analyst Daniel Ives on Friday.</p><p>Citi analyst Jim Suva agreed, saying he continued to see several positive drivers for Apple's products and services in the months ahead, even though macro challenges will persist.</p><p>Suva outlined five reasons to buy the stock.</p><p><b>iPhone 14</b></p><p>Suva believes the iPhone 14 is still on track for a September launch, while a foldable phone could be in the works by 2024 at the latest. The iPhone 13 was the main driver behind Apple's $83 billion in sales during its fiscal third quarter, boosting the bottom line even as Mac computer sales fell short of expectations.</p><p><b>Expansion of Services Segment</b></p><p>Apple has been working to build out its services segment, which Suva said would be able to deliver stickier recurring revenue, and open up the door for more devices-as-a-service offerings.</p><p>The company reached an all-time high in their installed base across iOS in the third quarter. This will be crucial as it means Apple has a "larger base to monetize over the long run," wrote Evercore ISI analyst Amit Daryanani.</p><p><b>New Product Launches</b></p><p>In addition to an iPhone launch, the company is preparing to release artificial reality headsets and the Apple Car by 2025, both of which have yet to be factored into estimates, he added.</p><p><b>Demand Shift Toward Premium Products</b></p><p>The market continues to skew away from lower priced Android phones toward premium pricing products, Suva said, which will benefit Apple's iPhone offerings.</p><p><b>Stock Buyback Program</b></p><p>The company's $90 billion stock buyback program will keep boosting the shares in the long run, Suva added.</p><p>"We walk away from the conference call and June results incrementally more positive that Apple can navigate this economic storm with the demand and growth story well intact for the growth pillars of iPhones and Services front and center," Ives wrote.</p></body></html>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Buy or Sell Apple Stock After Its Strong Earnings? 5 Reasons to Pick It Up</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBuy or Sell Apple Stock After Its Strong Earnings? 5 Reasons to Pick It Up\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-30 09:05 GMT+8 <a href=https://www.barrons.com/articles/apple-earnings-buy-stock-51659097367?mod=hp_LEAD_1_B_2><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple's better-than-expected earnings report helped shake off investor concerns about how a slowdown in consumer demand would impact the tech giant. As sentiment turns positive, it may be time to buy ...</p>\n\n<a href=\"https://www.barrons.com/articles/apple-earnings-buy-stock-51659097367?mod=hp_LEAD_1_B_2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.barrons.com/articles/apple-earnings-buy-stock-51659097367?mod=hp_LEAD_1_B_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2255551011","content_text":"Apple's better-than-expected earnings report helped shake off investor concerns about how a slowdown in consumer demand would impact the tech giant. As sentiment turns positive, it may be time to buy the stock, analysts say.Investors were wary heading into Apple's (ticker: AAPL) earnings, heeding warnings about the cloud of macroeconomic challenges descending on the tech sector. Aside from slowing consumer demand, the company has had to grapple with nagging supply chain challenges and rising interest rates, which depressed estimates and price targets in the weeks before the report.But Apple joined Amazon.com ( AMZN) in assuaging investor fears on Thursday by posting solid quarterly results that beat expectations. Analysts reacted positively to the report, and gained confidence that the company could continue to outperform over the next few quarters.\"We would characterize this quarter as a major bullish statement on iPhone demand and Cupertino's [the location of Apple's main office] ability to navigate a supply chain shortage in an impressive performance, \" wrote Wedbush analyst Daniel Ives on Friday.Citi analyst Jim Suva agreed, saying he continued to see several positive drivers for Apple's products and services in the months ahead, even though macro challenges will persist.Suva outlined five reasons to buy the stock.iPhone 14Suva believes the iPhone 14 is still on track for a September launch, while a foldable phone could be in the works by 2024 at the latest. The iPhone 13 was the main driver behind Apple's $83 billion in sales during its fiscal third quarter, boosting the bottom line even as Mac computer sales fell short of expectations.Expansion of Services SegmentApple has been working to build out its services segment, which Suva said would be able to deliver stickier recurring revenue, and open up the door for more devices-as-a-service offerings.The company reached an all-time high in their installed base across iOS in the third quarter. This will be crucial as it means Apple has a \"larger base to monetize over the long run,\" wrote Evercore ISI analyst Amit Daryanani.New Product LaunchesIn addition to an iPhone launch, the company is preparing to release artificial reality headsets and the Apple Car by 2025, both of which have yet to be factored into estimates, he added.Demand Shift Toward Premium ProductsThe market continues to skew away from lower priced Android phones toward premium pricing products, Suva said, which will benefit Apple's iPhone offerings.Stock Buyback ProgramThe company's $90 billion stock buyback program will keep boosting the shares in the long run, Suva added.\"We walk away from the conference call and June results incrementally more positive that Apple can navigate this economic storm with the demand and growth story well intact for the growth pillars of iPhones and Services front and center,\" Ives wrote.","news_type":1,"symbols_score_info":{"AAPL":1}},"isVote":1,"tweetType":1,"viewCount":2021,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9900033677,"gmtCreate":1658615455899,"gmtModify":1676536180981,"author":{"id":"4103835277935630","authorId":"4103835277935630","name":"smiletiger","avatar":"https://community-static.tradeup.com/news/1192b3dc1638d5c55cfe866e190658d6","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4103835277935630","idStr":"4103835277935630"},"themes":[],"htmlText":"huh","listText":"huh","text":"huh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9900033677","repostId":"2253060339","repostType":4,"isVote":1,"tweetType":1,"viewCount":2791,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9077238902,"gmtCreate":1658532712606,"gmtModify":1676536171283,"author":{"id":"4103835277935630","authorId":"4103835277935630","name":"smiletiger","avatar":"https://community-static.tradeup.com/news/1192b3dc1638d5c55cfe866e190658d6","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4103835277935630","idStr":"4103835277935630"},"themes":[],"htmlText":"good","listText":"good","text":"good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9077238902","repostId":"2253557990","repostType":4,"repost":{"id":"2253557990","kind":"highlight","pubTimestamp":1658503000,"share":"https://ttm.financial/m/news/2253557990?lang=&edition=fundamental","pubTime":"2022-07-22 23:16","market":"us","language":"en","title":"Citi Shutters Muni Proprietary-Trading Desk Amid a Wave of Departures","url":"https://stock-news.laohu8.com/highlight/detail?id=2253557990","media":"Bloomberg","summary":"Bank slips to fifth place among US muni underwritersMore than two dozen bankers, traders, salespeopl","content":"<div>\n<p>Bank slips to fifth place among US muni underwritersMore than two dozen bankers, traders, salespeople departCitigroup offices in New York.Photographer: Victor J. Blue/BloombergCitigroup Inc.’s ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-07-22/citi-shutters-muni-prop-trading-desk-amid-a-wave-of-departures?srnd=premium\">Web Link</a>\n\n</div>\n","source":"lsy1584095487587","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>Citi Shutters Muni Proprietary-Trading Desk Amid a Wave of Departures</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\">\nCiti Shutters Muni Proprietary-Trading Desk Amid a Wave of Departures\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-22 23:16 GMT+8 <a href=https://www.bloomberg.com/news/articles/2022-07-22/citi-shutters-muni-prop-trading-desk-amid-a-wave-of-departures?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Bank slips to fifth place among US muni underwritersMore than two dozen bankers, traders, salespeople departCitigroup offices in New York.Photographer: Victor J. Blue/BloombergCitigroup Inc.’s ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-07-22/citi-shutters-muni-prop-trading-desk-amid-a-wave-of-departures?srnd=premium\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"C":"花旗"},"source_url":"https://www.bloomberg.com/news/articles/2022-07-22/citi-shutters-muni-prop-trading-desk-amid-a-wave-of-departures?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2253557990","content_text":"Bank slips to fifth place among US muni underwritersMore than two dozen bankers, traders, salespeople departCitigroup offices in New York.Photographer: Victor J. Blue/BloombergCitigroup Inc.’s municipal-bond business, for decades a powerhouse in the $4 trillion market for US state and city debt, has seen a wave of high-profile departures as the bank revamps parts of the group’s trading and banking units.The bank in recent months shuttered its muni proprietary trading unit -- which used the firm’s own cash to trade and invest -- as part of a push to focus on providing more of its balance sheet to larger, institutional clients, according to people familiar with the matter. Citigroup offered buyouts to more than a dozen senior traders, bankers and salespeople, spurring further departures across the group as rivals moved quickly to poach talent.The New York-based lender had been the nation’s second-biggest municipal underwriter since 2015, but slid to fifth place this year, according to data compiled by Bloomberg. Should it hold, the ranking would be Citigroup’s lowest annual showing since at least 2012. Taken together, the personnel changes and decision to rejigger trading offerings have sparked concern that the bank is taking a step back from its once-storied public-finance business.“Citi has long been a very significant player across municipal markets and with the breadth of our product offering, client-focused strategy and top industry talent, we are confident about retaining a market-leading position,” Mark Costiglio, a spokesman for Citigroup, said in an emailed statement.The shakeup began soon after Citigroup held its investor day in March, when executives vowed the bank would renew its focus on higher-margin activities within its trading business and look for ways to better cater to the unit’s largest institutional and corporate clients. That shift came as Citigroup faces higher capital requirements in the coming quarters, creating an even bigger hurdle for improving profitability.“Our general direction is to increase our relevance to our clients and our profitability,” Paco Ybarra, head of the firm’s institutional clients business, told investors that day. “Of course, we want to retain our leading position and growth share with this opportunity to do so, but only while keeping a close eye on returns.”Within weeks of the investor presentation, the bank began quietly offering buyout packages to senior bankers, traders and salespeople within the municipal business, some with decades of experience.The thinking, according to a person familiar with the matter, was that Citigroup didn’t need as many senior staff dedicated to the business as in previous years. But additional retirements and departures have added up in recent weeks as rivals look to poach more of Citigroup’s talent.Citigroup has sought to make a strong show of institutional support for the business. Last week, as part of a regular visit to the trading floor, Chief Executive Officer Jane Fraser stopped by the muni desk and asked about morale, according to one of the people familiar with the matter. Top trading executives have reiterated to team members in recent months that the bank isn’t cutting risk limits for the business, the person said.All told, the muni investment-banking and trading arms have seen about two dozen departures in recent months. The list includes Jamie Doffermyre, head of muni sales and a former co-captain of the US Naval Academy’s football team, along with salespeople Marino Lorza and John Leahy. A pair of traders -- John Paskalides and Greg Swanson -- also left, along with Michael Irwin, a managing director who focused on health-care investment banking, and Guy Logan, a managing director who’s the former chairman of the National Association of Securities Professionals.Despite the churn, Citigroup has added 15 people across its muni group, most of whom have joined in the banking business, and the firm still intends to be a top-three muni underwriter, according to a person familiar with the matter. The bank is credited with handling nearly $15 billion of long-term muni deals this year, about half of Bank of America Corp.’s tally, according to data compiled by Bloomberg.Doffermyre, Lorza and Logan declined to comment. Leahy, Paskalides, Swanson and Irwin didn’t respond to requests for comment.Unique CultureCitigroup’s municipal unit is a vestige of retail brokerage Smith Barney, a business the bank sold to Morgan Stanley in the aftermath of the financial crisis. That origin meant it always had a separate culture from the one permeating the broader trading and investment-banking division, which mostly came from Citigroup predecessor firm Salomon Brothers, according to people familiar with the matter.For years, Citigroup sought to preserve the unique culture inside its muni division, allowing executives to largely operate the business as a separate entity.That changed in 2018. The firm combined formerly separate divisions focused on credit markets, municipal securities and securitized markets into a new unit it called global spread products. Mickey Bhatia and Joe Geraci were chosen to lead the new group.Within months, the new structure was hit by high-profile departures, including the 2019 retirement of the unit’s long-time chief, Ward Marsh, after a 45-year career there. Geraci, a 24-year veteran of the bank, announced he was leaving last year.Weaker RevenueThe changes at the bank come amid a dismal year for the muni market. The bonds have lost nearly 8%, putting them on track for the worst year of performance since the 1980s, according to Bloomberg index data. With interest rates rising, issuance from states and cities has fallen about 10% this year, according to Bloomberg data, pinching underwriters.Citigroup’s revenue from trading spread products and other fixed income dropped 11% last year to $4.81 billion, threatening the paychecks of anyone in that business. Revenue from the unit has already tumbled 24% in the first six months of this year.In recent years, Citigroup has sought to focus on larger muni transactions as well as advisory services, such as its work with the US commonwealth of Puerto Rico during its bankruptcy. Those deals are often more complex, making them more profitable.The muni business faced a blow late last year after Republican politicians in Texas sought to punish Citigroup for recent changes to its policies for lending to gun retailers. After a months-long pause, the bank resumed underwriting in the state -- the second-biggest market for muni deals -- in November. Still, it’s seen an exodus of bankers based there.The business of arranging financing for the nation’s municipalities is often relationship-driven, with local finance officials tending to tap bankers that they’ve worked with for years on bond sales. That means the Texas turnover -- and the broader loss of senior bankers with decades of experience -- may complicate Citigroup’s efforts to climb back up the underwriting ranks.","news_type":1,"symbols_score_info":{"C":1}},"isVote":1,"tweetType":1,"viewCount":2563,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}