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Wall Street ends down as data spooks investors awaiting Fed report
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Berkshire Hathaway Class A Shares Have Become More Actively Traded. Why That’s Important
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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":1623797252,"share":"https://ttm.financial/m/news/2143680537?lang=en_US&edition=fundamental","pubTime":"2021-06-16 06:47","market":"us","language":"en","title":"Wall Street ends down as data spooks investors awaiting Fed report","url":"https://stock-news.laohu8.com/highlight/detail?id=2143680537","media":"Reuters","summary":"Wall Street’s main indices closed lower on Tuesday as data showing stronger inflation and weaker U.S. retail sales in May spooked already-jittery investors awaiting the results of the Federal Reserve’s latest policy meeting.Assurance from the Fed that rising prices are transitory and falling U.S. Treasury yields have helped ease some concerns over inflation and supported U.S. stocks in recent weeks. All eyes are now on the central bank’s statement at the end of its two-day policy meeting on Wedn","content":"<p>Wall Street’s main indices closed lower on Tuesday as data showing stronger inflation and weaker U.S. retail sales in May spooked already-jittery investors awaiting the results of the Federal Reserve’s latest policy meeting.</p>\n<p>Assurance from the Fed that rising prices are transitory and falling U.S. Treasury yields have helped ease some concerns over inflation and supported U.S. stocks in recent weeks. All eyes are now on the central bank’s statement at the end of its two-day policy meeting on Wednesday.</p>\n<p>Data showed an acceleration in producer prices last month as supply chains struggled to meet demand unleashed by the reopening of the economy. A separate report showed U.S. retail sales dropped more than expected in May.</p>\n<p>“There was a bit of a reaction to the economic data we got, which, for the most part, shows that the economy is starting to wean itself off stimulus, the recovery is slowing down a little, and inflation is continuing to grow,” said Ed Moya, senior market analyst for the Americas at OANDA.</p>\n<p>“We’re seeing some very modest weakness, and it’ll be choppy leading up to the Fed decision. Right now, the Fed is probably in a position to show they are thinking about tapering, but they’re still a long way from actually doing it.”</p>\n<p>The Fed is likely to announce in August or September a strategy for reducing its massive bond buying program, but will not start cutting monthly purchases until early next year, a Reuters poll of economists found.</p>\n<p>The benchmark S&P 500, the blue-chip Dow Jones and the tech-focused Nasdaq have risen 13%, 12.1% and 9.2% respectively so far this year, largely driven by optimism about an economic reopening.</p>\n<p>However, the S&P 500 has been broadly stuck within a range, despite recording its 29th record-high finish of 2021 on Monday, versus 33 for all of last year.</p>\n<p>The Dow Jones Industrial Average fell 94.42 points, or 0.27%, to 34,299.33, the S&P 500 lost 8.56 points, or 0.20%, to 4,246.59 and the Nasdaq Composite dropped 101.29 points, or 0.71%, to 14,072.86.</p>\n<p>Seven of the 11 major S&P sectors slipped. Among them was communication services, which ended 0.5% lower, having hit a record intraday high earlier in the session.</p>\n<p>The largest gainer was the energy index, which rose 2.1% on oil prices hitting multi-year highs on a positive demand outlook. Exxon Mobil Corp had its best day since Mar. 5, jumping 3.6%. [O/R]</p>\n<p>In corporate news, Boeing Co gained 0.6% after the United States and the European Union agreed on a truce in their 17-year conflict over aircraft subsidies involving the planemaker and its rival Airbus.</p>\n<p>Having slumped 19% on Monday, Lordstown Motors Corp shares rebounded 11.3% after comments from the electric truck manufacturer’s president on orders.</p>\n<p>Volume on U.S. exchanges was 9.98 billion shares, compared with the 10.58 billion average over the last 20 trading days.</p>\n<p>The S&P 500 posted 36 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 87 new highs and 21 new lows.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street ends down as data spooks investors awaiting Fed report</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\">\nWall Street ends down as data spooks investors awaiting Fed report\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\">2021-06-16 06:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Wall Street’s main indices closed lower on Tuesday as data showing stronger inflation and weaker U.S. retail sales in May spooked already-jittery investors awaiting the results of the Federal Reserve’s latest policy meeting.</p>\n<p>Assurance from the Fed that rising prices are transitory and falling U.S. Treasury yields have helped ease some concerns over inflation and supported U.S. stocks in recent weeks. All eyes are now on the central bank’s statement at the end of its two-day policy meeting on Wednesday.</p>\n<p>Data showed an acceleration in producer prices last month as supply chains struggled to meet demand unleashed by the reopening of the economy. A separate report showed U.S. retail sales dropped more than expected in May.</p>\n<p>“There was a bit of a reaction to the economic data we got, which, for the most part, shows that the economy is starting to wean itself off stimulus, the recovery is slowing down a little, and inflation is continuing to grow,” said Ed Moya, senior market analyst for the Americas at OANDA.</p>\n<p>“We’re seeing some very modest weakness, and it’ll be choppy leading up to the Fed decision. Right now, the Fed is probably in a position to show they are thinking about tapering, but they’re still a long way from actually doing it.”</p>\n<p>The Fed is likely to announce in August or September a strategy for reducing its massive bond buying program, but will not start cutting monthly purchases until early next year, a Reuters poll of economists found.</p>\n<p>The benchmark S&P 500, the blue-chip Dow Jones and the tech-focused Nasdaq have risen 13%, 12.1% and 9.2% respectively so far this year, largely driven by optimism about an economic reopening.</p>\n<p>However, the S&P 500 has been broadly stuck within a range, despite recording its 29th record-high finish of 2021 on Monday, versus 33 for all of last year.</p>\n<p>The Dow Jones Industrial Average fell 94.42 points, or 0.27%, to 34,299.33, the S&P 500 lost 8.56 points, or 0.20%, to 4,246.59 and the Nasdaq Composite dropped 101.29 points, or 0.71%, to 14,072.86.</p>\n<p>Seven of the 11 major S&P sectors slipped. Among them was communication services, which ended 0.5% lower, having hit a record intraday high earlier in the session.</p>\n<p>The largest gainer was the energy index, which rose 2.1% on oil prices hitting multi-year highs on a positive demand outlook. Exxon Mobil Corp had its best day since Mar. 5, jumping 3.6%. [O/R]</p>\n<p>In corporate news, Boeing Co gained 0.6% after the United States and the European Union agreed on a truce in their 17-year conflict over aircraft subsidies involving the planemaker and its rival Airbus.</p>\n<p>Having slumped 19% on Monday, Lordstown Motors Corp shares rebounded 11.3% after comments from the electric truck manufacturer’s president on orders.</p>\n<p>Volume on U.S. exchanges was 9.98 billion shares, compared with the 10.58 billion average over the last 20 trading days.</p>\n<p>The S&P 500 posted 36 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 87 new highs and 21 new lows.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","DDM":"2倍做多道指ETF-ProShares","DOG":"道指ETF-ProShares做空","SQQQ":"纳指三倍做空ETF",".IXIC":"NASDAQ Composite","PSQ":"做空纳斯达克100指数ETF-ProShares","QQQ":"纳指100ETF","UDOW":"三倍做多道指30ETF-ProShares","SH":"做空标普500-Proshares","DJX":"1/100道琼斯","SPXU":"三倍做空标普500ETF-ProShares","TQQQ":"纳指三倍做多ETF","BA":"波音","SSO":"2倍做多标普500ETF-ProShares","QLD":"2倍做多纳斯达克100指数ETF-ProShares","SDOW":"三倍做空道指30ETF-ProShares","IVV":"标普500ETF-iShares","OEF":"标普100指数ETF-iShares","SDS":"两倍做空标普500 ETF-ProShares","QID":"两倍做空纳斯达克指数ETF-ProShares",".DJI":"道琼斯",".SPX":"S&P 500 Index","UPRO":"三倍做多标普500ETF-ProShares","OEX":"标普100","DXD":"两倍做空道琼30指数ETF-ProShares"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2143680537","content_text":"Wall Street’s main indices closed lower on Tuesday as data showing stronger inflation and weaker U.S. retail sales in May spooked already-jittery investors awaiting the results of the Federal Reserve’s latest policy meeting.\nAssurance from the Fed that rising prices are transitory and falling U.S. Treasury yields have helped ease some concerns over inflation and supported U.S. stocks in recent weeks. All eyes are now on the central bank’s statement at the end of its two-day policy meeting on Wednesday.\nData showed an acceleration in producer prices last month as supply chains struggled to meet demand unleashed by the reopening of the economy. A separate report showed U.S. retail sales dropped more than expected in May.\n“There was a bit of a reaction to the economic data we got, which, for the most part, shows that the economy is starting to wean itself off stimulus, the recovery is slowing down a little, and inflation is continuing to grow,” said Ed Moya, senior market analyst for the Americas at OANDA.\n“We’re seeing some very modest weakness, and it’ll be choppy leading up to the Fed decision. Right now, the Fed is probably in a position to show they are thinking about tapering, but they’re still a long way from actually doing it.”\nThe Fed is likely to announce in August or September a strategy for reducing its massive bond buying program, but will not start cutting monthly purchases until early next year, a Reuters poll of economists found.\nThe benchmark S&P 500, the blue-chip Dow Jones and the tech-focused Nasdaq have risen 13%, 12.1% and 9.2% respectively so far this year, largely driven by optimism about an economic reopening.\nHowever, the S&P 500 has been broadly stuck within a range, despite recording its 29th record-high finish of 2021 on Monday, versus 33 for all of last year.\nThe Dow Jones Industrial Average fell 94.42 points, or 0.27%, to 34,299.33, the S&P 500 lost 8.56 points, or 0.20%, to 4,246.59 and the Nasdaq Composite dropped 101.29 points, or 0.71%, to 14,072.86.\nSeven of the 11 major S&P sectors slipped. Among them was communication services, which ended 0.5% lower, having hit a record intraday high earlier in the session.\nThe largest gainer was the energy index, which rose 2.1% on oil prices hitting multi-year highs on a positive demand outlook. Exxon Mobil Corp had its best day since Mar. 5, jumping 3.6%. [O/R]\nIn corporate news, Boeing Co gained 0.6% after the United States and the European Union agreed on a truce in their 17-year conflict over aircraft subsidies involving the planemaker and its rival Airbus.\nHaving slumped 19% on Monday, Lordstown Motors Corp shares rebounded 11.3% after comments from the electric truck manufacturer’s president on orders.\nVolume on U.S. exchanges was 9.98 billion shares, compared with the 10.58 billion average over the last 20 trading days.\nThe S&P 500 posted 36 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 87 new highs and 21 new lows.","news_type":1,"symbols_score_info":{"161125":0.9,"513500":0.9,"DDM":0.9,"DXD":0.9,"BA":0.9,"DJX":0.9,"OEX":0.9,"DOG":0.9,"NQmain":0.9,"SQQQ":0.9,"SSO":0.9,"SDOW":0.9,".DJI":0.9,".SPX":0.9,"UPRO":0.9,"ESmain":0.9,"IVV":0.9,"MNQmain":0.9,"OEF":0.9,"SDS":0.9,"TQQQ":0.9,"QQQ":0.9,"SPXU":0.9,".IXIC":0.9,"QLD":0.9,"QID":0.9,"SH":0.9,"UDOW":0.9,"PSQ":0.9}},"isVote":1,"tweetType":1,"viewCount":1592,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":345134204,"gmtCreate":1618286035408,"gmtModify":1704708613155,"author":{"id":"3558558240660669","authorId":"3558558240660669","name":"tokming","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558558240660669","authorIdStr":"3558558240660669"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/345134204","repostId":"1101127164","repostType":4,"repost":{"id":"1101127164","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":1618278809,"share":"https://ttm.financial/m/news/1101127164?lang=en_US&edition=fundamental","pubTime":"2021-04-13 09:53","market":"us","language":"en","title":"Alibaba Analysts Remain Bullish As $2.8B Antitrust Fine Triggers Relief Rally","url":"https://stock-news.laohu8.com/highlight/detail?id=1101127164","media":"Benzinga","summary":"Alibaba Group Holding Ltd - ADR shares ripped higher by 9.2% on Monday after the company was fined $","content":"<p><b>Alibaba Group Holding Ltd - ADR</b> shares ripped higher by 9.2% on Monday after the company was fined $2.8 billion by the Chinese government for violating antitrust laws.</p>\n<p>The fine triggered a relief rally in Alibaba’s stock after CEO Daniel Zhang said the rule changes implemented on Alibaba in addition to the fine will not have a material impact on the company’s finances.</p>\n<p>The fine seemingly brings to an end a difficult period for Alibaba investors that began when China launched an antitrust probe into the company in December. The probe was launched shortly after Alibaba founder Jack Ma made public comments criticizing China’s financial regulator. In addition to the regulatory crackdown on Alibaba, Chinese regulators also pulled the plug on the IPO of Alibaba affiliate Ant Group.</p>\n<p>On Monday, Alibaba vice chairman Joe Tsai said he is not aware of any additional antitrust investigations and that the company is “pleased that we are able to put this matter behind us.”</p>\n<p>Several analysts have weighed in on Alibaba since the fine was announced.</p>\n<p><b>Eliminating Uncertainty:</b>Raymond James analyst Aaron Kessler said removing the regulatory overhang is a positive for Alibaba investors.</p>\n<p>“At the same time, we are lowering our estimates (FY22/23 EBITA decline by ~10%/9%) to reflect increased investments in grocery and local deals categories as Alibaba looks to expand its presence in lower-tier cities and with high-frequency purchase items,” Kessler wrote in a note.</p>\n<p>Bank of America analyst Eddie Leung said the fine reduces regulatory uncertainty for Alibaba investors.</p>\n<p>“As the innovative projects such as Internet of Things (IoT), location-based services and R&D lab together have seen stabilizing quarterly op loss of about RMB3-4b in the past two years, and Cainiao, Lazada and Hema have improving (negative) margins, Alibaba shifts its investment focus to its core retail eCommerce (eC), including tech and marketing services to help merchants, eC streaming, Taobao Deals that targets at less developed areas, and community groupbuy,” Leung wrote.</p>\n<p><b>Investing In E-Commerce:</b>KeyBanc analyst Hans Chung said Alibaba’s heavy investments in its core commerce business will drive accelerated gross merchandise volume and revenue growth but at lower margins.</p>\n<p>“While we are lowering our margin forecast, we continue to view BABA as attractive from a LT perspective given its high moat in e-commerce and Alicloud potential,” Chung wrote.</p>\n<p>Needham analyst Vincent Yu said the fine, while large, was on the low end of the expected range indicated by the regulatory guidelines.</p>\n<p>“Most of Alibaba's merchants have already adopted multi-platform strategies, and a clear anti-monopoly guideline simply helps standardize the practice,” Yu said.</p>\n<p><b>BABA Ratings And Price Targets:</b> Raymond James has a Strong Buy rating and $330 target.</p>\n<p>KeyBanc has an Overweight rating and $305 target.</p>\n<p>Needham has Buy rating and $330 target.</p>\n<p>Bank of America has a Buy rating and $301 target.</p>\n<p>Alibaba traded around $243 at publication time.</p>\n<p><img src=\"https://static.tigerbbs.com/7ed1dad90a924a0eaa55deb82e03ee49\" tg-width=\"1056\" tg-height=\"250\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba Analysts Remain Bullish As $2.8B Antitrust Fine Triggers Relief Rally</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 Analysts Remain Bullish As $2.8B Antitrust Fine Triggers Relief Rally\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\">2021-04-13 09:53</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p><b>Alibaba Group Holding Ltd - ADR</b> shares ripped higher by 9.2% on Monday after the company was fined $2.8 billion by the Chinese government for violating antitrust laws.</p>\n<p>The fine triggered a relief rally in Alibaba’s stock after CEO Daniel Zhang said the rule changes implemented on Alibaba in addition to the fine will not have a material impact on the company’s finances.</p>\n<p>The fine seemingly brings to an end a difficult period for Alibaba investors that began when China launched an antitrust probe into the company in December. The probe was launched shortly after Alibaba founder Jack Ma made public comments criticizing China’s financial regulator. In addition to the regulatory crackdown on Alibaba, Chinese regulators also pulled the plug on the IPO of Alibaba affiliate Ant Group.</p>\n<p>On Monday, Alibaba vice chairman Joe Tsai said he is not aware of any additional antitrust investigations and that the company is “pleased that we are able to put this matter behind us.”</p>\n<p>Several analysts have weighed in on Alibaba since the fine was announced.</p>\n<p><b>Eliminating Uncertainty:</b>Raymond James analyst Aaron Kessler said removing the regulatory overhang is a positive for Alibaba investors.</p>\n<p>“At the same time, we are lowering our estimates (FY22/23 EBITA decline by ~10%/9%) to reflect increased investments in grocery and local deals categories as Alibaba looks to expand its presence in lower-tier cities and with high-frequency purchase items,” Kessler wrote in a note.</p>\n<p>Bank of America analyst Eddie Leung said the fine reduces regulatory uncertainty for Alibaba investors.</p>\n<p>“As the innovative projects such as Internet of Things (IoT), location-based services and R&D lab together have seen stabilizing quarterly op loss of about RMB3-4b in the past two years, and Cainiao, Lazada and Hema have improving (negative) margins, Alibaba shifts its investment focus to its core retail eCommerce (eC), including tech and marketing services to help merchants, eC streaming, Taobao Deals that targets at less developed areas, and community groupbuy,” Leung wrote.</p>\n<p><b>Investing In E-Commerce:</b>KeyBanc analyst Hans Chung said Alibaba’s heavy investments in its core commerce business will drive accelerated gross merchandise volume and revenue growth but at lower margins.</p>\n<p>“While we are lowering our margin forecast, we continue to view BABA as attractive from a LT perspective given its high moat in e-commerce and Alicloud potential,” Chung wrote.</p>\n<p>Needham analyst Vincent Yu said the fine, while large, was on the low end of the expected range indicated by the regulatory guidelines.</p>\n<p>“Most of Alibaba's merchants have already adopted multi-platform strategies, and a clear anti-monopoly guideline simply helps standardize the practice,” Yu said.</p>\n<p><b>BABA Ratings And Price Targets:</b> Raymond James has a Strong Buy rating and $330 target.</p>\n<p>KeyBanc has an Overweight rating and $305 target.</p>\n<p>Needham has Buy rating and $330 target.</p>\n<p>Bank of America has a Buy rating and $301 target.</p>\n<p>Alibaba traded around $243 at publication time.</p>\n<p><img src=\"https://static.tigerbbs.com/7ed1dad90a924a0eaa55deb82e03ee49\" tg-width=\"1056\" tg-height=\"250\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","09988":"阿里巴巴-W"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101127164","content_text":"Alibaba Group Holding Ltd - ADR shares ripped higher by 9.2% on Monday after the company was fined $2.8 billion by the Chinese government for violating antitrust laws.\nThe fine triggered a relief rally in Alibaba’s stock after CEO Daniel Zhang said the rule changes implemented on Alibaba in addition to the fine will not have a material impact on the company’s finances.\nThe fine seemingly brings to an end a difficult period for Alibaba investors that began when China launched an antitrust probe into the company in December. The probe was launched shortly after Alibaba founder Jack Ma made public comments criticizing China’s financial regulator. In addition to the regulatory crackdown on Alibaba, Chinese regulators also pulled the plug on the IPO of Alibaba affiliate Ant Group.\nOn Monday, Alibaba vice chairman Joe Tsai said he is not aware of any additional antitrust investigations and that the company is “pleased that we are able to put this matter behind us.”\nSeveral analysts have weighed in on Alibaba since the fine was announced.\nEliminating Uncertainty:Raymond James analyst Aaron Kessler said removing the regulatory overhang is a positive for Alibaba investors.\n“At the same time, we are lowering our estimates (FY22/23 EBITA decline by ~10%/9%) to reflect increased investments in grocery and local deals categories as Alibaba looks to expand its presence in lower-tier cities and with high-frequency purchase items,” Kessler wrote in a note.\nBank of America analyst Eddie Leung said the fine reduces regulatory uncertainty for Alibaba investors.\n“As the innovative projects such as Internet of Things (IoT), location-based services and R&D lab together have seen stabilizing quarterly op loss of about RMB3-4b in the past two years, and Cainiao, Lazada and Hema have improving (negative) margins, Alibaba shifts its investment focus to its core retail eCommerce (eC), including tech and marketing services to help merchants, eC streaming, Taobao Deals that targets at less developed areas, and community groupbuy,” Leung wrote.\nInvesting In E-Commerce:KeyBanc analyst Hans Chung said Alibaba’s heavy investments in its core commerce business will drive accelerated gross merchandise volume and revenue growth but at lower margins.\n“While we are lowering our margin forecast, we continue to view BABA as attractive from a LT perspective given its high moat in e-commerce and Alicloud potential,” Chung wrote.\nNeedham analyst Vincent Yu said the fine, while large, was on the low end of the expected range indicated by the regulatory guidelines.\n“Most of Alibaba's merchants have already adopted multi-platform strategies, and a clear anti-monopoly guideline simply helps standardize the practice,” Yu said.\nBABA Ratings And Price Targets: Raymond James has a Strong Buy rating and $330 target.\nKeyBanc has an Overweight rating and $305 target.\nNeedham has Buy rating and $330 target.\nBank of America has a Buy rating and $301 target.\nAlibaba traded around $243 at publication time.","news_type":1,"symbols_score_info":{"BABA":0.9,"09988":0.9}},"isVote":1,"tweetType":1,"viewCount":1690,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":329576948,"gmtCreate":1615263845784,"gmtModify":1704780300532,"author":{"id":"3558558240660669","authorId":"3558558240660669","name":"tokming","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558558240660669","authorIdStr":"3558558240660669"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/329576948","repostId":"1185392550","repostType":4,"repost":{"id":"1185392550","kind":"news","pubTimestamp":1615260305,"share":"https://ttm.financial/m/news/1185392550?lang=en_US&edition=fundamental","pubTime":"2021-03-09 11:25","market":"us","language":"en","title":"Berkshire Hathaway Class A Shares Have Become More Actively Traded. Why That’s Important","url":"https://stock-news.laohu8.com/highlight/detail?id=1185392550","media":"Barrons","summary":"(March 9) Berkshire Hathaway’s Class A shares have had unusually high trading activity of late. And ","content":"<p>(March 9) Berkshire Hathaway’s Class A shares have had unusually high trading activity of late. And that could mean that an investor is accumulating the high-vote stock, whose dominant holder is CEO Warren Buffett.</p><p>The Class A shares (ticker BRK.A) normally trade on light volume, reflecting their high price—the stock finished Friday at $381,600—and a preference among institutional and retail investors for the more liquid Class B shares (BRK.B), which ended Friday at $253.15. The Class B stock is in the S&P 500 index.</p><p>In recent weeks, however, trading in the Class A shares has been elevated at an average of more than 2,000 shares a day—and 2,500 a day in past five sessions—against an average of fewer than 500 shares daily in 2020. The difference translates into about $800 million of additional daily trades in the Class A stock. Trading activity in the Class B shares, meanwhile, has not been elevated—an average of about five million shares a day in the past month, against six million in the last 12 months.</p><p>Berkshire shares have bested the S&P 500 this year with the Class A stock up 9.7% through Friday, against a 2.5% rise in the index after trailing the index by a total of over 40 percentage points in 2019 and 2020. Wall Street has warmed to Berkshire thanks to its relatively low valuation versus book value and as a reopening play given its many economically sensitive businesses.</p><p>The shares continued their recent rally on Monday, with the Class A shares up 1.6%, to a near record of $387,840, and the Class B stock 1.4% higher, at $256.65.</p><p>Investors will probably have to wait until mid-May, when institutional holders file their March 31 equity investments, for the identity of the possible buyer of the Class A stock to be known, unless the purchaser gets to a 5% stake, which would trigger a quicker regulatory filing.</p><p>WSJ Jobs Summmit | Succeed in the Search | March 4</p><p>Berkshire’s Class B stock is equal to 1/1500 of a share of the Class A shares, but it carries just 1/10,000 of the vote.</p><p>This has helped Buffett maintain control of the company as his economic interest declines because of his large annual gifts of Berkshire stock to the Bill & Melinda Gates Foundation and other charitable organizations over the past 15 years. Buffett gave way $2.9 billion to the various foundations last year. The Class A is the original Berkshire stock, while the Class B was created in 1996.</p><p>Buffett holds 248,734 Class A shares, a 16% economic interest in the company, but roughly 30% of the vote. Buffett owns 39% of the Class A stock. Around 40% of Berkshire’s stock is held in the Class A shares, with the rest in the Class B. Berkshire’s market value is around $580 billion.</p><p>It is notable that when Buffett gives away stock annually, he converts his Class A stock to Class B stock. The Class B stock is more liquid than the A, simplifying subsequent sales by the Gates foundation and others. But in converting the A shares, Buffett ensures that other investors won’t get their hands on the supervoting shares.</p><p>That could be important in the post-Buffett era, because it means whoever is overseeing his estate should have a sizable voting interest in Berkshire. Buffett has said that his Berkshire stake would be given away in the 12 years after his death.</p><p>Berkshire could face pressure from activists after Buffett’s death to break up the company, something that the CEO opposes. Buffett has said that he doubts any breakup will occur because sufficient stock is likely to be in friendly hands after his death.</p><p>The Class A stock can be converted into 1,500 shares of the Class B stock, but not the other way around. As a result, the Class A stock can trade at a premium to the Class B. With the recent buying activity in the A stock, it ended Friday at a roughly 0.5% premium to the B shares, against virtual parity at year-end 2020.</p><p>There are few sizable holders of the Class A stock besides Buffett. Fidelity parent FMR is the only other owner of more than 5%. Much of the Fidelity stake is held by Fidelity Contrafund (FCNTX), whose manager, Will Danoff, is a longtime Berkshire fan and holder.</p><p>Buffett discussed the Class A and Class B stock in a 1999 memo to Berkshire holders that was last updated in 2010.</p><p>Here’s what Buffett wrote:</p><blockquote>When there is more demand for the B (relative to supply) than for the A, the B will sell at roughly 1/1,500th of the price of A. When there’s a lesser demand, it will fall to a discount. In my opinion, most of the time, the demand for the B will be such that it will trade at about 1/1,500th of the price of the A.</blockquote><blockquote>However, from time to time, a different supply-demand situation will prevail and the B will sell at some discount. In my opinion, again, when the B is at a discount of more than say, 1%, it offers a better buy than the A. When the two are at parity, however, anyone wishing to buy 1,500 or more B should consider buying A instead.</blockquote>","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>Berkshire Hathaway Class A Shares Have Become More Actively Traded. Why That’s Important</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\">\nBerkshire Hathaway Class A Shares Have Become More Actively Traded. Why That’s Important\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-09 11:25 GMT+8 <a href=https://www.barrons.com/articles/warren-buffetts-berkshire-hathaway-has-seen-trading-activity-rise-in-its-class-a-stock-51615219961?mod=hp_LEADSUPP_2><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(March 9) Berkshire Hathaway’s Class A shares have had unusually high trading activity of late. And that could mean that an investor is accumulating the high-vote stock, whose dominant holder is CEO ...</p>\n\n<a href=\"https://www.barrons.com/articles/warren-buffetts-berkshire-hathaway-has-seen-trading-activity-rise-in-its-class-a-stock-51615219961?mod=hp_LEADSUPP_2\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.barrons.com/articles/warren-buffetts-berkshire-hathaway-has-seen-trading-activity-rise-in-its-class-a-stock-51615219961?mod=hp_LEADSUPP_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1185392550","content_text":"(March 9) Berkshire Hathaway’s Class A shares have had unusually high trading activity of late. And that could mean that an investor is accumulating the high-vote stock, whose dominant holder is CEO Warren Buffett.The Class A shares (ticker BRK.A) normally trade on light volume, reflecting their high price—the stock finished Friday at $381,600—and a preference among institutional and retail investors for the more liquid Class B shares (BRK.B), which ended Friday at $253.15. The Class B stock is in the S&P 500 index.In recent weeks, however, trading in the Class A shares has been elevated at an average of more than 2,000 shares a day—and 2,500 a day in past five sessions—against an average of fewer than 500 shares daily in 2020. The difference translates into about $800 million of additional daily trades in the Class A stock. Trading activity in the Class B shares, meanwhile, has not been elevated—an average of about five million shares a day in the past month, against six million in the last 12 months.Berkshire shares have bested the S&P 500 this year with the Class A stock up 9.7% through Friday, against a 2.5% rise in the index after trailing the index by a total of over 40 percentage points in 2019 and 2020. Wall Street has warmed to Berkshire thanks to its relatively low valuation versus book value and as a reopening play given its many economically sensitive businesses.The shares continued their recent rally on Monday, with the Class A shares up 1.6%, to a near record of $387,840, and the Class B stock 1.4% higher, at $256.65.Investors will probably have to wait until mid-May, when institutional holders file their March 31 equity investments, for the identity of the possible buyer of the Class A stock to be known, unless the purchaser gets to a 5% stake, which would trigger a quicker regulatory filing.WSJ Jobs Summmit | Succeed in the Search | March 4Berkshire’s Class B stock is equal to 1/1500 of a share of the Class A shares, but it carries just 1/10,000 of the vote.This has helped Buffett maintain control of the company as his economic interest declines because of his large annual gifts of Berkshire stock to the Bill & Melinda Gates Foundation and other charitable organizations over the past 15 years. Buffett gave way $2.9 billion to the various foundations last year. The Class A is the original Berkshire stock, while the Class B was created in 1996.Buffett holds 248,734 Class A shares, a 16% economic interest in the company, but roughly 30% of the vote. Buffett owns 39% of the Class A stock. Around 40% of Berkshire’s stock is held in the Class A shares, with the rest in the Class B. Berkshire’s market value is around $580 billion.It is notable that when Buffett gives away stock annually, he converts his Class A stock to Class B stock. The Class B stock is more liquid than the A, simplifying subsequent sales by the Gates foundation and others. But in converting the A shares, Buffett ensures that other investors won’t get their hands on the supervoting shares.That could be important in the post-Buffett era, because it means whoever is overseeing his estate should have a sizable voting interest in Berkshire. Buffett has said that his Berkshire stake would be given away in the 12 years after his death.Berkshire could face pressure from activists after Buffett’s death to break up the company, something that the CEO opposes. Buffett has said that he doubts any breakup will occur because sufficient stock is likely to be in friendly hands after his death.The Class A stock can be converted into 1,500 shares of the Class B stock, but not the other way around. As a result, the Class A stock can trade at a premium to the Class B. With the recent buying activity in the A stock, it ended Friday at a roughly 0.5% premium to the B shares, against virtual parity at year-end 2020.There are few sizable holders of the Class A stock besides Buffett. Fidelity parent FMR is the only other owner of more than 5%. Much of the Fidelity stake is held by Fidelity Contrafund (FCNTX), whose manager, Will Danoff, is a longtime Berkshire fan and holder.Buffett discussed the Class A and Class B stock in a 1999 memo to Berkshire holders that was last updated in 2010.Here’s what Buffett wrote:When there is more demand for the B (relative to supply) than for the A, the B will sell at roughly 1/1,500th of the price of A. When there’s a lesser demand, it will fall to a discount. In my opinion, most of the time, the demand for the B will be such that it will trade at about 1/1,500th of the price of the A.However, from time to time, a different supply-demand situation will prevail and the B will sell at some discount. In my opinion, again, when the B is at a discount of more than say, 1%, it offers a better buy than the A. When the two are at parity, however, anyone wishing to buy 1,500 or more B should consider buying A 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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":1618278809,"share":"https://ttm.financial/m/news/1101127164?lang=en_US&edition=fundamental","pubTime":"2021-04-13 09:53","market":"us","language":"en","title":"Alibaba Analysts Remain Bullish As $2.8B Antitrust Fine Triggers Relief Rally","url":"https://stock-news.laohu8.com/highlight/detail?id=1101127164","media":"Benzinga","summary":"Alibaba Group Holding Ltd - ADR shares ripped higher by 9.2% on Monday after the company was fined $","content":"<p><b>Alibaba Group Holding Ltd - ADR</b> shares ripped higher by 9.2% on Monday after the company was fined $2.8 billion by the Chinese government for violating antitrust laws.</p>\n<p>The fine triggered a relief rally in Alibaba’s stock after CEO Daniel Zhang said the rule changes implemented on Alibaba in addition to the fine will not have a material impact on the company’s finances.</p>\n<p>The fine seemingly brings to an end a difficult period for Alibaba investors that began when China launched an antitrust probe into the company in December. The probe was launched shortly after Alibaba founder Jack Ma made public comments criticizing China’s financial regulator. In addition to the regulatory crackdown on Alibaba, Chinese regulators also pulled the plug on the IPO of Alibaba affiliate Ant Group.</p>\n<p>On Monday, Alibaba vice chairman Joe Tsai said he is not aware of any additional antitrust investigations and that the company is “pleased that we are able to put this matter behind us.”</p>\n<p>Several analysts have weighed in on Alibaba since the fine was announced.</p>\n<p><b>Eliminating Uncertainty:</b>Raymond James analyst Aaron Kessler said removing the regulatory overhang is a positive for Alibaba investors.</p>\n<p>“At the same time, we are lowering our estimates (FY22/23 EBITA decline by ~10%/9%) to reflect increased investments in grocery and local deals categories as Alibaba looks to expand its presence in lower-tier cities and with high-frequency purchase items,” Kessler wrote in a note.</p>\n<p>Bank of America analyst Eddie Leung said the fine reduces regulatory uncertainty for Alibaba investors.</p>\n<p>“As the innovative projects such as Internet of Things (IoT), location-based services and R&D lab together have seen stabilizing quarterly op loss of about RMB3-4b in the past two years, and Cainiao, Lazada and Hema have improving (negative) margins, Alibaba shifts its investment focus to its core retail eCommerce (eC), including tech and marketing services to help merchants, eC streaming, Taobao Deals that targets at less developed areas, and community groupbuy,” Leung wrote.</p>\n<p><b>Investing In E-Commerce:</b>KeyBanc analyst Hans Chung said Alibaba’s heavy investments in its core commerce business will drive accelerated gross merchandise volume and revenue growth but at lower margins.</p>\n<p>“While we are lowering our margin forecast, we continue to view BABA as attractive from a LT perspective given its high moat in e-commerce and Alicloud potential,” Chung wrote.</p>\n<p>Needham analyst Vincent Yu said the fine, while large, was on the low end of the expected range indicated by the regulatory guidelines.</p>\n<p>“Most of Alibaba's merchants have already adopted multi-platform strategies, and a clear anti-monopoly guideline simply helps standardize the practice,” Yu said.</p>\n<p><b>BABA Ratings And Price Targets:</b> Raymond James has a Strong Buy rating and $330 target.</p>\n<p>KeyBanc has an Overweight rating and $305 target.</p>\n<p>Needham has Buy rating and $330 target.</p>\n<p>Bank of America has a Buy rating and $301 target.</p>\n<p>Alibaba traded around $243 at publication time.</p>\n<p><img src=\"https://static.tigerbbs.com/7ed1dad90a924a0eaa55deb82e03ee49\" tg-width=\"1056\" tg-height=\"250\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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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\">\nAlibaba Analysts Remain Bullish As $2.8B Antitrust Fine Triggers Relief Rally\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\">2021-04-13 09:53</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p><b>Alibaba Group Holding Ltd - ADR</b> shares ripped higher by 9.2% on Monday after the company was fined $2.8 billion by the Chinese government for violating antitrust laws.</p>\n<p>The fine triggered a relief rally in Alibaba’s stock after CEO Daniel Zhang said the rule changes implemented on Alibaba in addition to the fine will not have a material impact on the company’s finances.</p>\n<p>The fine seemingly brings to an end a difficult period for Alibaba investors that began when China launched an antitrust probe into the company in December. The probe was launched shortly after Alibaba founder Jack Ma made public comments criticizing China’s financial regulator. In addition to the regulatory crackdown on Alibaba, Chinese regulators also pulled the plug on the IPO of Alibaba affiliate Ant Group.</p>\n<p>On Monday, Alibaba vice chairman Joe Tsai said he is not aware of any additional antitrust investigations and that the company is “pleased that we are able to put this matter behind us.”</p>\n<p>Several analysts have weighed in on Alibaba since the fine was announced.</p>\n<p><b>Eliminating Uncertainty:</b>Raymond James analyst Aaron Kessler said removing the regulatory overhang is a positive for Alibaba investors.</p>\n<p>“At the same time, we are lowering our estimates (FY22/23 EBITA decline by ~10%/9%) to reflect increased investments in grocery and local deals categories as Alibaba looks to expand its presence in lower-tier cities and with high-frequency purchase items,” Kessler wrote in a note.</p>\n<p>Bank of America analyst Eddie Leung said the fine reduces regulatory uncertainty for Alibaba investors.</p>\n<p>“As the innovative projects such as Internet of Things (IoT), location-based services and R&D lab together have seen stabilizing quarterly op loss of about RMB3-4b in the past two years, and Cainiao, Lazada and Hema have improving (negative) margins, Alibaba shifts its investment focus to its core retail eCommerce (eC), including tech and marketing services to help merchants, eC streaming, Taobao Deals that targets at less developed areas, and community groupbuy,” Leung wrote.</p>\n<p><b>Investing In E-Commerce:</b>KeyBanc analyst Hans Chung said Alibaba’s heavy investments in its core commerce business will drive accelerated gross merchandise volume and revenue growth but at lower margins.</p>\n<p>“While we are lowering our margin forecast, we continue to view BABA as attractive from a LT perspective given its high moat in e-commerce and Alicloud potential,” Chung wrote.</p>\n<p>Needham analyst Vincent Yu said the fine, while large, was on the low end of the expected range indicated by the regulatory guidelines.</p>\n<p>“Most of Alibaba's merchants have already adopted multi-platform strategies, and a clear anti-monopoly guideline simply helps standardize the practice,” Yu said.</p>\n<p><b>BABA Ratings And Price Targets:</b> Raymond James has a Strong Buy rating and $330 target.</p>\n<p>KeyBanc has an Overweight rating and $305 target.</p>\n<p>Needham has Buy rating and $330 target.</p>\n<p>Bank of America has a Buy rating and $301 target.</p>\n<p>Alibaba traded around $243 at publication time.</p>\n<p><img src=\"https://static.tigerbbs.com/7ed1dad90a924a0eaa55deb82e03ee49\" tg-width=\"1056\" tg-height=\"250\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","09988":"阿里巴巴-W"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101127164","content_text":"Alibaba Group Holding Ltd - ADR shares ripped higher by 9.2% on Monday after the company was fined $2.8 billion by the Chinese government for violating antitrust laws.\nThe fine triggered a relief rally in Alibaba’s stock after CEO Daniel Zhang said the rule changes implemented on Alibaba in addition to the fine will not have a material impact on the company’s finances.\nThe fine seemingly brings to an end a difficult period for Alibaba investors that began when China launched an antitrust probe into the company in December. The probe was launched shortly after Alibaba founder Jack Ma made public comments criticizing China’s financial regulator. In addition to the regulatory crackdown on Alibaba, Chinese regulators also pulled the plug on the IPO of Alibaba affiliate Ant Group.\nOn Monday, Alibaba vice chairman Joe Tsai said he is not aware of any additional antitrust investigations and that the company is “pleased that we are able to put this matter behind us.”\nSeveral analysts have weighed in on Alibaba since the fine was announced.\nEliminating Uncertainty:Raymond James analyst Aaron Kessler said removing the regulatory overhang is a positive for Alibaba investors.\n“At the same time, we are lowering our estimates (FY22/23 EBITA decline by ~10%/9%) to reflect increased investments in grocery and local deals categories as Alibaba looks to expand its presence in lower-tier cities and with high-frequency purchase items,” Kessler wrote in a note.\nBank of America analyst Eddie Leung said the fine reduces regulatory uncertainty for Alibaba investors.\n“As the innovative projects such as Internet of Things (IoT), location-based services and R&D lab together have seen stabilizing quarterly op loss of about RMB3-4b in the past two years, and Cainiao, Lazada and Hema have improving (negative) margins, Alibaba shifts its investment focus to its core retail eCommerce (eC), including tech and marketing services to help merchants, eC streaming, Taobao Deals that targets at less developed areas, and community groupbuy,” Leung wrote.\nInvesting In E-Commerce:KeyBanc analyst Hans Chung said Alibaba’s heavy investments in its core commerce business will drive accelerated gross merchandise volume and revenue growth but at lower margins.\n“While we are lowering our margin forecast, we continue to view BABA as attractive from a LT perspective given its high moat in e-commerce and Alicloud potential,” Chung wrote.\nNeedham analyst Vincent Yu said the fine, while large, was on the low end of the expected range indicated by the regulatory guidelines.\n“Most of Alibaba's merchants have already adopted multi-platform strategies, and a clear anti-monopoly guideline simply helps standardize the practice,” Yu said.\nBABA Ratings And Price Targets: Raymond James has a Strong Buy rating and $330 target.\nKeyBanc has an Overweight rating and $305 target.\nNeedham has Buy rating and $330 target.\nBank of America has a Buy rating and $301 target.\nAlibaba traded around $243 at publication time.","news_type":1,"symbols_score_info":{"BABA":0.9,"09988":0.9}},"isVote":1,"tweetType":1,"viewCount":1690,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":329573072,"gmtCreate":1615263681396,"gmtModify":1704780296976,"author":{"id":"3558558240660669","authorId":"3558558240660669","name":"tokming","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3558558240660669","idStr":"3558558240660669"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/329573072","repostId":"1143436063","repostType":4,"isVote":1,"tweetType":1,"viewCount":1920,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121218063,"gmtCreate":1624465119452,"gmtModify":1703837687607,"author":{"id":"3558558240660669","authorId":"3558558240660669","name":"tokming","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3558558240660669","idStr":"3558558240660669"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/121218063","repostId":"1166274187","repostType":4,"isVote":1,"tweetType":1,"viewCount":1800,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":160445776,"gmtCreate":1623805335495,"gmtModify":1703819905379,"author":{"id":"3558558240660669","authorId":"3558558240660669","name":"tokming","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3558558240660669","idStr":"3558558240660669"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/160445776","repostId":"2143680537","repostType":4,"repost":{"id":"2143680537","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":1623797252,"share":"https://ttm.financial/m/news/2143680537?lang=en_US&edition=fundamental","pubTime":"2021-06-16 06:47","market":"us","language":"en","title":"Wall Street ends down as data spooks investors awaiting Fed report","url":"https://stock-news.laohu8.com/highlight/detail?id=2143680537","media":"Reuters","summary":"Wall Street’s main indices closed lower on Tuesday as data showing stronger inflation and weaker U.S. retail sales in May spooked already-jittery investors awaiting the results of the Federal Reserve’s latest policy meeting.Assurance from the Fed that rising prices are transitory and falling U.S. Treasury yields have helped ease some concerns over inflation and supported U.S. stocks in recent weeks. All eyes are now on the central bank’s statement at the end of its two-day policy meeting on Wedn","content":"<p>Wall Street’s main indices closed lower on Tuesday as data showing stronger inflation and weaker U.S. retail sales in May spooked already-jittery investors awaiting the results of the Federal Reserve’s latest policy meeting.</p>\n<p>Assurance from the Fed that rising prices are transitory and falling U.S. Treasury yields have helped ease some concerns over inflation and supported U.S. stocks in recent weeks. All eyes are now on the central bank’s statement at the end of its two-day policy meeting on Wednesday.</p>\n<p>Data showed an acceleration in producer prices last month as supply chains struggled to meet demand unleashed by the reopening of the economy. A separate report showed U.S. retail sales dropped more than expected in May.</p>\n<p>“There was a bit of a reaction to the economic data we got, which, for the most part, shows that the economy is starting to wean itself off stimulus, the recovery is slowing down a little, and inflation is continuing to grow,” said Ed Moya, senior market analyst for the Americas at OANDA.</p>\n<p>“We’re seeing some very modest weakness, and it’ll be choppy leading up to the Fed decision. Right now, the Fed is probably in a position to show they are thinking about tapering, but they’re still a long way from actually doing it.”</p>\n<p>The Fed is likely to announce in August or September a strategy for reducing its massive bond buying program, but will not start cutting monthly purchases until early next year, a Reuters poll of economists found.</p>\n<p>The benchmark S&P 500, the blue-chip Dow Jones and the tech-focused Nasdaq have risen 13%, 12.1% and 9.2% respectively so far this year, largely driven by optimism about an economic reopening.</p>\n<p>However, the S&P 500 has been broadly stuck within a range, despite recording its 29th record-high finish of 2021 on Monday, versus 33 for all of last year.</p>\n<p>The Dow Jones Industrial Average fell 94.42 points, or 0.27%, to 34,299.33, the S&P 500 lost 8.56 points, or 0.20%, to 4,246.59 and the Nasdaq Composite dropped 101.29 points, or 0.71%, to 14,072.86.</p>\n<p>Seven of the 11 major S&P sectors slipped. Among them was communication services, which ended 0.5% lower, having hit a record intraday high earlier in the session.</p>\n<p>The largest gainer was the energy index, which rose 2.1% on oil prices hitting multi-year highs on a positive demand outlook. Exxon Mobil Corp had its best day since Mar. 5, jumping 3.6%. [O/R]</p>\n<p>In corporate news, Boeing Co gained 0.6% after the United States and the European Union agreed on a truce in their 17-year conflict over aircraft subsidies involving the planemaker and its rival Airbus.</p>\n<p>Having slumped 19% on Monday, Lordstown Motors Corp shares rebounded 11.3% after comments from the electric truck manufacturer’s president on orders.</p>\n<p>Volume on U.S. exchanges was 9.98 billion shares, compared with the 10.58 billion average over the last 20 trading days.</p>\n<p>The S&P 500 posted 36 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 87 new highs and 21 new lows.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street ends down as data spooks investors awaiting Fed report</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\">\nWall Street ends down as data spooks investors awaiting Fed report\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\">2021-06-16 06:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Wall Street’s main indices closed lower on Tuesday as data showing stronger inflation and weaker U.S. retail sales in May spooked already-jittery investors awaiting the results of the Federal Reserve’s latest policy meeting.</p>\n<p>Assurance from the Fed that rising prices are transitory and falling U.S. Treasury yields have helped ease some concerns over inflation and supported U.S. stocks in recent weeks. All eyes are now on the central bank’s statement at the end of its two-day policy meeting on Wednesday.</p>\n<p>Data showed an acceleration in producer prices last month as supply chains struggled to meet demand unleashed by the reopening of the economy. A separate report showed U.S. retail sales dropped more than expected in May.</p>\n<p>“There was a bit of a reaction to the economic data we got, which, for the most part, shows that the economy is starting to wean itself off stimulus, the recovery is slowing down a little, and inflation is continuing to grow,” said Ed Moya, senior market analyst for the Americas at OANDA.</p>\n<p>“We’re seeing some very modest weakness, and it’ll be choppy leading up to the Fed decision. Right now, the Fed is probably in a position to show they are thinking about tapering, but they’re still a long way from actually doing it.”</p>\n<p>The Fed is likely to announce in August or September a strategy for reducing its massive bond buying program, but will not start cutting monthly purchases until early next year, a Reuters poll of economists found.</p>\n<p>The benchmark S&P 500, the blue-chip Dow Jones and the tech-focused Nasdaq have risen 13%, 12.1% and 9.2% respectively so far this year, largely driven by optimism about an economic reopening.</p>\n<p>However, the S&P 500 has been broadly stuck within a range, despite recording its 29th record-high finish of 2021 on Monday, versus 33 for all of last year.</p>\n<p>The Dow Jones Industrial Average fell 94.42 points, or 0.27%, to 34,299.33, the S&P 500 lost 8.56 points, or 0.20%, to 4,246.59 and the Nasdaq Composite dropped 101.29 points, or 0.71%, to 14,072.86.</p>\n<p>Seven of the 11 major S&P sectors slipped. Among them was communication services, which ended 0.5% lower, having hit a record intraday high earlier in the session.</p>\n<p>The largest gainer was the energy index, which rose 2.1% on oil prices hitting multi-year highs on a positive demand outlook. Exxon Mobil Corp had its best day since Mar. 5, jumping 3.6%. [O/R]</p>\n<p>In corporate news, Boeing Co gained 0.6% after the United States and the European Union agreed on a truce in their 17-year conflict over aircraft subsidies involving the planemaker and its rival Airbus.</p>\n<p>Having slumped 19% on Monday, Lordstown Motors Corp shares rebounded 11.3% after comments from the electric truck manufacturer’s president on orders.</p>\n<p>Volume on U.S. exchanges was 9.98 billion shares, compared with the 10.58 billion average over the last 20 trading days.</p>\n<p>The S&P 500 posted 36 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 87 new highs and 21 new lows.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","DDM":"2倍做多道指ETF-ProShares","DOG":"道指ETF-ProShares做空","SQQQ":"纳指三倍做空ETF",".IXIC":"NASDAQ Composite","PSQ":"做空纳斯达克100指数ETF-ProShares","QQQ":"纳指100ETF","UDOW":"三倍做多道指30ETF-ProShares","SH":"做空标普500-Proshares","DJX":"1/100道琼斯","SPXU":"三倍做空标普500ETF-ProShares","TQQQ":"纳指三倍做多ETF","BA":"波音","SSO":"2倍做多标普500ETF-ProShares","QLD":"2倍做多纳斯达克100指数ETF-ProShares","SDOW":"三倍做空道指30ETF-ProShares","IVV":"标普500ETF-iShares","OEF":"标普100指数ETF-iShares","SDS":"两倍做空标普500 ETF-ProShares","QID":"两倍做空纳斯达克指数ETF-ProShares",".DJI":"道琼斯",".SPX":"S&P 500 Index","UPRO":"三倍做多标普500ETF-ProShares","OEX":"标普100","DXD":"两倍做空道琼30指数ETF-ProShares"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2143680537","content_text":"Wall Street’s main indices closed lower on Tuesday as data showing stronger inflation and weaker U.S. retail sales in May spooked already-jittery investors awaiting the results of the Federal Reserve’s latest policy meeting.\nAssurance from the Fed that rising prices are transitory and falling U.S. Treasury yields have helped ease some concerns over inflation and supported U.S. stocks in recent weeks. All eyes are now on the central bank’s statement at the end of its two-day policy meeting on Wednesday.\nData showed an acceleration in producer prices last month as supply chains struggled to meet demand unleashed by the reopening of the economy. A separate report showed U.S. retail sales dropped more than expected in May.\n“There was a bit of a reaction to the economic data we got, which, for the most part, shows that the economy is starting to wean itself off stimulus, the recovery is slowing down a little, and inflation is continuing to grow,” said Ed Moya, senior market analyst for the Americas at OANDA.\n“We’re seeing some very modest weakness, and it’ll be choppy leading up to the Fed decision. Right now, the Fed is probably in a position to show they are thinking about tapering, but they’re still a long way from actually doing it.”\nThe Fed is likely to announce in August or September a strategy for reducing its massive bond buying program, but will not start cutting monthly purchases until early next year, a Reuters poll of economists found.\nThe benchmark S&P 500, the blue-chip Dow Jones and the tech-focused Nasdaq have risen 13%, 12.1% and 9.2% respectively so far this year, largely driven by optimism about an economic reopening.\nHowever, the S&P 500 has been broadly stuck within a range, despite recording its 29th record-high finish of 2021 on Monday, versus 33 for all of last year.\nThe Dow Jones Industrial Average fell 94.42 points, or 0.27%, to 34,299.33, the S&P 500 lost 8.56 points, or 0.20%, to 4,246.59 and the Nasdaq Composite dropped 101.29 points, or 0.71%, to 14,072.86.\nSeven of the 11 major S&P sectors slipped. Among them was communication services, which ended 0.5% lower, having hit a record intraday high earlier in the session.\nThe largest gainer was the energy index, which rose 2.1% on oil prices hitting multi-year highs on a positive demand outlook. Exxon Mobil Corp had its best day since Mar. 5, jumping 3.6%. [O/R]\nIn corporate news, Boeing Co gained 0.6% after the United States and the European Union agreed on a truce in their 17-year conflict over aircraft subsidies involving the planemaker and its rival Airbus.\nHaving slumped 19% on Monday, Lordstown Motors Corp shares rebounded 11.3% after comments from the electric truck manufacturer’s president on orders.\nVolume on U.S. exchanges was 9.98 billion shares, compared with the 10.58 billion average over the last 20 trading days.\nThe S&P 500 posted 36 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 87 new highs and 21 new lows.","news_type":1,"symbols_score_info":{"161125":0.9,"513500":0.9,"DDM":0.9,"DXD":0.9,"BA":0.9,"DJX":0.9,"OEX":0.9,"DOG":0.9,"NQmain":0.9,"SQQQ":0.9,"SSO":0.9,"SDOW":0.9,".DJI":0.9,".SPX":0.9,"UPRO":0.9,"ESmain":0.9,"IVV":0.9,"MNQmain":0.9,"OEF":0.9,"SDS":0.9,"TQQQ":0.9,"QQQ":0.9,"SPXU":0.9,".IXIC":0.9,"QLD":0.9,"QID":0.9,"SH":0.9,"UDOW":0.9,"PSQ":0.9}},"isVote":1,"tweetType":1,"viewCount":1592,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":329576948,"gmtCreate":1615263845784,"gmtModify":1704780300532,"author":{"id":"3558558240660669","authorId":"3558558240660669","name":"tokming","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3558558240660669","idStr":"3558558240660669"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/329576948","repostId":"1185392550","repostType":4,"repost":{"id":"1185392550","kind":"news","pubTimestamp":1615260305,"share":"https://ttm.financial/m/news/1185392550?lang=en_US&edition=fundamental","pubTime":"2021-03-09 11:25","market":"us","language":"en","title":"Berkshire Hathaway Class A Shares Have Become More Actively Traded. Why That’s Important","url":"https://stock-news.laohu8.com/highlight/detail?id=1185392550","media":"Barrons","summary":"(March 9) Berkshire Hathaway’s Class A shares have had unusually high trading activity of late. And ","content":"<p>(March 9) Berkshire Hathaway’s Class A shares have had unusually high trading activity of late. And that could mean that an investor is accumulating the high-vote stock, whose dominant holder is CEO Warren Buffett.</p><p>The Class A shares (ticker BRK.A) normally trade on light volume, reflecting their high price—the stock finished Friday at $381,600—and a preference among institutional and retail investors for the more liquid Class B shares (BRK.B), which ended Friday at $253.15. The Class B stock is in the S&P 500 index.</p><p>In recent weeks, however, trading in the Class A shares has been elevated at an average of more than 2,000 shares a day—and 2,500 a day in past five sessions—against an average of fewer than 500 shares daily in 2020. The difference translates into about $800 million of additional daily trades in the Class A stock. Trading activity in the Class B shares, meanwhile, has not been elevated—an average of about five million shares a day in the past month, against six million in the last 12 months.</p><p>Berkshire shares have bested the S&P 500 this year with the Class A stock up 9.7% through Friday, against a 2.5% rise in the index after trailing the index by a total of over 40 percentage points in 2019 and 2020. Wall Street has warmed to Berkshire thanks to its relatively low valuation versus book value and as a reopening play given its many economically sensitive businesses.</p><p>The shares continued their recent rally on Monday, with the Class A shares up 1.6%, to a near record of $387,840, and the Class B stock 1.4% higher, at $256.65.</p><p>Investors will probably have to wait until mid-May, when institutional holders file their March 31 equity investments, for the identity of the possible buyer of the Class A stock to be known, unless the purchaser gets to a 5% stake, which would trigger a quicker regulatory filing.</p><p>WSJ Jobs Summmit | Succeed in the Search | March 4</p><p>Berkshire’s Class B stock is equal to 1/1500 of a share of the Class A shares, but it carries just 1/10,000 of the vote.</p><p>This has helped Buffett maintain control of the company as his economic interest declines because of his large annual gifts of Berkshire stock to the Bill & Melinda Gates Foundation and other charitable organizations over the past 15 years. Buffett gave way $2.9 billion to the various foundations last year. The Class A is the original Berkshire stock, while the Class B was created in 1996.</p><p>Buffett holds 248,734 Class A shares, a 16% economic interest in the company, but roughly 30% of the vote. Buffett owns 39% of the Class A stock. Around 40% of Berkshire’s stock is held in the Class A shares, with the rest in the Class B. Berkshire’s market value is around $580 billion.</p><p>It is notable that when Buffett gives away stock annually, he converts his Class A stock to Class B stock. The Class B stock is more liquid than the A, simplifying subsequent sales by the Gates foundation and others. But in converting the A shares, Buffett ensures that other investors won’t get their hands on the supervoting shares.</p><p>That could be important in the post-Buffett era, because it means whoever is overseeing his estate should have a sizable voting interest in Berkshire. Buffett has said that his Berkshire stake would be given away in the 12 years after his death.</p><p>Berkshire could face pressure from activists after Buffett’s death to break up the company, something that the CEO opposes. Buffett has said that he doubts any breakup will occur because sufficient stock is likely to be in friendly hands after his death.</p><p>The Class A stock can be converted into 1,500 shares of the Class B stock, but not the other way around. As a result, the Class A stock can trade at a premium to the Class B. With the recent buying activity in the A stock, it ended Friday at a roughly 0.5% premium to the B shares, against virtual parity at year-end 2020.</p><p>There are few sizable holders of the Class A stock besides Buffett. Fidelity parent FMR is the only other owner of more than 5%. Much of the Fidelity stake is held by Fidelity Contrafund (FCNTX), whose manager, Will Danoff, is a longtime Berkshire fan and holder.</p><p>Buffett discussed the Class A and Class B stock in a 1999 memo to Berkshire holders that was last updated in 2010.</p><p>Here’s what Buffett wrote:</p><blockquote>When there is more demand for the B (relative to supply) than for the A, the B will sell at roughly 1/1,500th of the price of A. When there’s a lesser demand, it will fall to a discount. In my opinion, most of the time, the demand for the B will be such that it will trade at about 1/1,500th of the price of the A.</blockquote><blockquote>However, from time to time, a different supply-demand situation will prevail and the B will sell at some discount. In my opinion, again, when the B is at a discount of more than say, 1%, it offers a better buy than the A. When the two are at parity, however, anyone wishing to buy 1,500 or more B should consider buying A instead.</blockquote>","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>Berkshire Hathaway Class A Shares Have Become More Actively Traded. Why That’s Important</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\">\nBerkshire Hathaway Class A Shares Have Become More Actively Traded. Why That’s Important\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-09 11:25 GMT+8 <a href=https://www.barrons.com/articles/warren-buffetts-berkshire-hathaway-has-seen-trading-activity-rise-in-its-class-a-stock-51615219961?mod=hp_LEADSUPP_2><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(March 9) Berkshire Hathaway’s Class A shares have had unusually high trading activity of late. And that could mean that an investor is accumulating the high-vote stock, whose dominant holder is CEO ...</p>\n\n<a href=\"https://www.barrons.com/articles/warren-buffetts-berkshire-hathaway-has-seen-trading-activity-rise-in-its-class-a-stock-51615219961?mod=hp_LEADSUPP_2\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.barrons.com/articles/warren-buffetts-berkshire-hathaway-has-seen-trading-activity-rise-in-its-class-a-stock-51615219961?mod=hp_LEADSUPP_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1185392550","content_text":"(March 9) Berkshire Hathaway’s Class A shares have had unusually high trading activity of late. And that could mean that an investor is accumulating the high-vote stock, whose dominant holder is CEO Warren Buffett.The Class A shares (ticker BRK.A) normally trade on light volume, reflecting their high price—the stock finished Friday at $381,600—and a preference among institutional and retail investors for the more liquid Class B shares (BRK.B), which ended Friday at $253.15. The Class B stock is in the S&P 500 index.In recent weeks, however, trading in the Class A shares has been elevated at an average of more than 2,000 shares a day—and 2,500 a day in past five sessions—against an average of fewer than 500 shares daily in 2020. The difference translates into about $800 million of additional daily trades in the Class A stock. Trading activity in the Class B shares, meanwhile, has not been elevated—an average of about five million shares a day in the past month, against six million in the last 12 months.Berkshire shares have bested the S&P 500 this year with the Class A stock up 9.7% through Friday, against a 2.5% rise in the index after trailing the index by a total of over 40 percentage points in 2019 and 2020. Wall Street has warmed to Berkshire thanks to its relatively low valuation versus book value and as a reopening play given its many economically sensitive businesses.The shares continued their recent rally on Monday, with the Class A shares up 1.6%, to a near record of $387,840, and the Class B stock 1.4% higher, at $256.65.Investors will probably have to wait until mid-May, when institutional holders file their March 31 equity investments, for the identity of the possible buyer of the Class A stock to be known, unless the purchaser gets to a 5% stake, which would trigger a quicker regulatory filing.WSJ Jobs Summmit | Succeed in the Search | March 4Berkshire’s Class B stock is equal to 1/1500 of a share of the Class A shares, but it carries just 1/10,000 of the vote.This has helped Buffett maintain control of the company as his economic interest declines because of his large annual gifts of Berkshire stock to the Bill & Melinda Gates Foundation and other charitable organizations over the past 15 years. Buffett gave way $2.9 billion to the various foundations last year. The Class A is the original Berkshire stock, while the Class B was created in 1996.Buffett holds 248,734 Class A shares, a 16% economic interest in the company, but roughly 30% of the vote. Buffett owns 39% of the Class A stock. Around 40% of Berkshire’s stock is held in the Class A shares, with the rest in the Class B. Berkshire’s market value is around $580 billion.It is notable that when Buffett gives away stock annually, he converts his Class A stock to Class B stock. The Class B stock is more liquid than the A, simplifying subsequent sales by the Gates foundation and others. But in converting the A shares, Buffett ensures that other investors won’t get their hands on the supervoting shares.That could be important in the post-Buffett era, because it means whoever is overseeing his estate should have a sizable voting interest in Berkshire. Buffett has said that his Berkshire stake would be given away in the 12 years after his death.Berkshire could face pressure from activists after Buffett’s death to break up the company, something that the CEO opposes. Buffett has said that he doubts any breakup will occur because sufficient stock is likely to be in friendly hands after his death.The Class A stock can be converted into 1,500 shares of the Class B stock, but not the other way around. As a result, the Class A stock can trade at a premium to the Class B. With the recent buying activity in the A stock, it ended Friday at a roughly 0.5% premium to the B shares, against virtual parity at year-end 2020.There are few sizable holders of the Class A stock besides Buffett. Fidelity parent FMR is the only other owner of more than 5%. Much of the Fidelity stake is held by Fidelity Contrafund (FCNTX), whose manager, Will Danoff, is a longtime Berkshire fan and holder.Buffett discussed the Class A and Class B stock in a 1999 memo to Berkshire holders that was last updated in 2010.Here’s what Buffett wrote:When there is more demand for the B (relative to supply) than for the A, the B will sell at roughly 1/1,500th of the price of A. When there’s a lesser demand, it will fall to a discount. In my opinion, most of the time, the demand for the B will be such that it will trade at about 1/1,500th of the price of the A.However, from time to time, a different supply-demand situation will prevail and the B will sell at some discount. In my opinion, again, when the B is at a discount of more than say, 1%, it offers a better buy than the A. 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