HuatHuat88 personal page - To The Moon

HuatHuat88

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2021-02-17

Huat ah

Sorry, the original content has been removed

2021-09-23

$Tiger Brokers(TIGR)$maybe reach 13+ then drop.. at 13+ then do covered call ?

2021-05-03

Ok

Fed's Kaplan sees financial market 'excesses,' eyes QE taper

2021-02-25

$Gilat Satellite Networks(GILT)$huat ah

2021-06-30

Can

Sorry, the original content has been removed

2021-06-25

Ok. Daily quest

It Always Ends The Same Way: Crisis, Crash, Collapse

2021-05-18

$Sundial Growers Inc.(SNDL)$slowly slowly..

2021-02-18

HUAT AH

Brent Oil Passes $65 With U.S. Crisis Now a Global Supply Shock

2022-01-27

$Tiger Brokers(TIGR)$at least few years to rebound

2021-07-27

$Razer(01337)$keep stocking up.. hongkong stock all not doing well now but one day will come back ??

2021-07-05

$CAN 20210716 7.5 PUT(CAN)$exercise soon...

2021-06-14

$TIGR 20210716 25.0 PUT(TIGR)$go tigerr

2021-04-23

Huat ah

U.S. stocks drop on news of Biden tax proposals

2021-06-13

Good

Uber, Lyft Driver Shortage Boosts Business for New York’s Taxis

2021-06-12

$Churchill Capital Corp IV(CCIV)$????

2021-06-08

$Churchill Capital Corp IV(CCIV)$fly fly

2021-05-13

$Marathon Digital Holdings Inc(MARA)$bitcoin crash already die liao ?

2021-05-03

Heheheha

Berkshire Hathaway Q1 Earnings Here！

2021-02-25

?

Growth Stocks Have Been on Sale. Why Buying the Dip Makes Sense.

2022-03-15

$XIAOMI-W(01810)$just every month set aside 20-30 percent of your salary and buy. Long term investment 👍

Go to Tiger App to see more news

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This year, we have prepared a time machine to go on an adventure with you. Come and find surprising gifts as we stroll down memory lane!There are so many wonderful little stories in our Tiger Quest. Collect as many coins as you can in the game, these will be your basic points of this game. Apart from one mini-game mission for SG/AU/NZ, the games will be open every week, and there are endless treasures waiting for you to discover. Points can be redeemed for multiple rewards, and you can win a share of up to USD 200,000 worth of prizes! Want to win extra points? Check out these mini-games, try them, stay with us and be PAWSITIVE!Remember to collect the cards and spell out \"T.I.G.E.R\" during your journey for a chance to receive the limited edition 8th Anniversary Gi\n \n","listText":"Happy Birthday to TIGER!!! This year, we have prepared a time machine to go on an adventure with you. 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Money not to easy to earn 😂","listText":"<a href=\"https://ttm.financial/S/01810\">$XIAOMI-W(01810)$</a>&nbsp;buy and hold few years. Money not to easy to earn 😂","text":"$XIAOMI-W(01810)$ buy and hold few years. Money not to easy to earn 😂","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9054344673","isVote":1,"tweetType":1,"viewCount":292,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9011017535,"gmtCreate":1648784947813,"gmtModify":1676534398471,"author":{"id":"3574395786439720","authorId":"3574395786439720","name":"HuatHuat88","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574395786439720","authorIdStr":"3574395786439720"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/01810\">$XIAOMI-W(01810)$</a>&nbsp;buybuybuy. Most likely about 3 month will recover. At most 6 month. Hold hold.&nbsp;","listText":"<a href=\"https://ttm.financial/S/01810\">$XIAOMI-W(01810)$</a>&nbsp;buybuybuy. Most likely about 3 month will recover. At most 6 month. Hold hold.&nbsp;","text":"$XIAOMI-W(01810)$ buybuybuy. Most likely about 3 month will recover. At most 6 month. Hold hold.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9011017535","isVote":1,"tweetType":1,"viewCount":717,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3576759208994289","authorId":"3576759208994289","name":"CashCity","avatar":"https://static.tigerbbs.com/c5cf91d5f3d2d348fadcd1f4cd2a3fc7","crmLevel":5,"crmLevelSwitch":1,"idStr":"3576759208994289","authorIdStr":"3576759208994289"},"content":"April Fools Joke LOL","text":"April Fools Joke LOL","html":"April Fools Joke LOL"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9032839249,"gmtCreate":1647322270407,"gmtModify":1676534216541,"author":{"id":"3574395786439720","authorId":"3574395786439720","name":"HuatHuat88","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574395786439720","authorIdStr":"3574395786439720"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/01810\">$XIAOMI-W(01810)$</a>just every month set aside 20-30 percent of your salary and buy. Long term investment 👍","listText":"<a href=\"https://ttm.financial/S/01810\">$XIAOMI-W(01810)$</a>just every month set aside 20-30 percent of your salary and buy. Long term investment 👍","text":"$XIAOMI-W(01810)$just every month set aside 20-30 percent of your salary and buy. Long term investment 👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9032839249","isVote":1,"tweetType":1,"viewCount":565,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9099382623,"gmtCreate":1643296950881,"gmtModify":1676533800175,"author":{"id":"3574395786439720","authorId":"3574395786439720","name":"HuatHuat88","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574395786439720","authorIdStr":"3574395786439720"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TIGR\">$Tiger Brokers(TIGR)$</a>at least few years to rebound","listText":"<a href=\"https://ttm.financial/S/TIGR\">$Tiger Brokers(TIGR)$</a>at least few years to rebound","text":"$Tiger Brokers(TIGR)$at least few years to rebound","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9099382623","isVote":1,"tweetType":1,"viewCount":1284,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":863660033,"gmtCreate":1632386453222,"gmtModify":1676530769654,"author":{"id":"3574395786439720","authorId":"3574395786439720","name":"HuatHuat88","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574395786439720","authorIdStr":"3574395786439720"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>maybe reach 13+ then drop.. at 13+ then do covered call ?","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>maybe reach 13+ then drop.. at 13+ then do covered call ?","text":"$Tiger Brokers(TIGR)$maybe reach 13+ then drop.. at 13+ then do covered call ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/863660033","isVote":1,"tweetType":1,"viewCount":634,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":863372092,"gmtCreate":1632361559716,"gmtModify":1676530762811,"author":{"id":"3574395786439720","authorId":"3574395786439720","name":"HuatHuat88","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574395786439720","authorIdStr":"3574395786439720"},"themes":[],"htmlText":"????","listText":"????","text":"????","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/863372092","repostId":"869868837","repostType":1,"repost":{"id":869868837,"gmtCreate":1632273011929,"gmtModify":1676530739984,"author":{"id":"3558267776429365","authorId":"3558267776429365","name":"lingling07","avatar":"https://static.tigerbbs.com/a369ade3411ab47e0d3b0f18ce029e2a","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558267776429365","authorIdStr":"3558267776429365"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/01337\">$Razer(01337)$</a>like and comment","listText":"<a href=\"https://laohu8.com/S/01337\">$Razer(01337)$</a>like and comment","text":"$Razer(01337)$like and comment","images":[{"img":"https://static.tigerbbs.com/3f5923a3d246f8d5e3c87eaf788d6764","width":"1080","height":"3153"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/869868837","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":355,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":809181277,"gmtCreate":1627352381899,"gmtModify":1703488175954,"author":{"id":"3574395786439720","authorId":"3574395786439720","name":"HuatHuat88","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574395786439720","authorIdStr":"3574395786439720"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/01337\">$Razer(01337)$</a>keep stocking up.. hongkong stock all not doing well now but one day will come back ??","listText":"<a href=\"https://laohu8.com/S/01337\">$Razer(01337)$</a>keep stocking up.. hongkong stock all not doing well now but one day will come back ??","text":"$Razer(01337)$keep stocking up.. hongkong stock all not doing well now but one day will come back ??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/809181277","isVote":1,"tweetType":1,"viewCount":521,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":154993090,"gmtCreate":1625465925610,"gmtModify":1703742260161,"author":{"id":"3574395786439720","authorId":"3574395786439720","name":"HuatHuat88","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574395786439720","authorIdStr":"3574395786439720"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/CAN\">$CAN 20210716 7.5 PUT(CAN)$</a>exercise soon...&nbsp;","listText":"<a href=\"https://laohu8.com/S/CAN\">$CAN 20210716 7.5 PUT(CAN)$</a>exercise soon...&nbsp;","text":"$CAN 20210716 7.5 PUT(CAN)$exercise soon...","images":[{"img":"https://static.tigerbbs.com/47f88f9c3c65c4a8fc0963e1ecc90e42","width":"1440","height":"2560"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/154993090","isVote":1,"tweetType":1,"viewCount":769,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":154999365,"gmtCreate":1625465869657,"gmtModify":1703742259334,"author":{"id":"3574395786439720","authorId":"3574395786439720","name":"HuatHuat88","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574395786439720","authorIdStr":"3574395786439720"},"themes":[],"htmlText":"Buy buy buy","listText":"Buy buy buy","text":"Buy buy buy","images":[{"img":"https://static.tigerbbs.com/8290af24958f8951644137741c439ac3","width":"1440","height":"4868"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/154999365","isVote":1,"tweetType":1,"viewCount":685,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":153204201,"gmtCreate":1625025479003,"gmtModify":1703850416951,"author":{"id":"3574395786439720","authorId":"3574395786439720","name":"HuatHuat88","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574395786439720","authorIdStr":"3574395786439720"},"themes":[],"htmlText":"Can","listText":"Can","text":"Can","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/153204201","repostId":"2147585034","repostType":4,"repost":{"id":"2147585034","kind":"highlight","pubTimestamp":1625024760,"share":"https://ttm.financial/m/news/2147585034?lang=&edition=fundamental","pubTime":"2021-06-30 11:46","market":"us","language":"en","title":"This Hot Reddit Stock Just Gave Investors an Ominous Warning","url":"https://stock-news.laohu8.com/highlight/detail?id=2147585034","media":"Motley Fool","summary":"It's a warning that investors should take seriously.","content":"<p>This year was shaping up to be a miserable <a href=\"https://laohu8.com/S/AONE\">one</a> for&nbsp;<b>Clover Health</b> (NASDAQ:CLOV). Note the use of the past tense in that statement, though. Thanks in large part to Reddit users piling on, Clover's shares have soared in recent weeks.</p>\n<p>Don't think that the waters are safe to jump aboard the bandwagon for Clover Health yet, however.&nbsp;Here's why this hot Reddit stock just gave investors an ominous warning.</p>\n<h2>Brutal honesty</h2>\n<p>All publicly traded companies want investors to buy their shares. Buying tends to beget more buying, which pushes the stock price up. It's rare that any company warns investors not to buy its stock. But that's exactly what Clover Health did recently.</p>\n<p>Companies that plan to issue additional shares file a prospectus with the U.S. Securities and Exchange Commission (SEC). This prospectus gives potential investors a lot of information about the business and lays out the key reasons why they might want to buy the new shares.</p>\n<p>Clover Health filed such a prospectus earlier this year, outlining its intent to issue additional Class B shares. These shares don't have the same level of voting rights as its Class A shares. Last week, the company submitted an amendment to the SEC for this prospectus. And that amendment contained a brutally honest message for potential investors.</p>\n<p>The company acknowledged that its recent gains could be due to a short squeeze. Because of the potential for an additional short squeeze and its aftermath, Clover Health gave an unusually stark warning to investors: \"Under the circumstances, we caution you against investing in our Class B common stock, unless you are prepared to incur the risk of losing all or a substantial portion of your investment.\" It also noted, \"Investors that purchase shares of our Class A common stock during a short squeeze may lose a significant portion of their investment.\"</p>\n<h2>No fear?</h2>\n<p>Clover Health explained clearly what could happen with both its Class A and Class B shares. The company stated that if another short squeeze happens, once short-sellers cover their positions or if investors otherwise think the short squeeze has run its course, its stock price could fall quickly.</p>\n<p>You might think that such an ominous warning would scare off many investors. Nope. Instead, it produced an opposite effect. Last week, shares of Clover Health soared by a double-digit percentage immediately after the company's amended prospectus with the serious warning was submitted to the SEC.</p>\n<p>This reaction might seem counterintuitive. After all, Clover Health informed investors in no uncertain terms about the risks they face with buying the stock. So why did the shares of the company surge instead of sink? I think there are different reasons for different investors.</p>\n<p>Some truly believe in Clover Health and are willing to hold onto the stock regardless of what happens over the short term. Others are fully aware that the gains generated by a short squeeze could evaporate quickly but think they'll be able to sell in time to still make a big profit. Unfortunately, there could also be some who are new to investing and didn't pay attention to or didn't understand Clover Health's cautionary message.</p>\n<h2>Business vs. stock</h2>\n<p>It's always wise to think of buying a stock as buying a part of a business. That's exactly what you're doing when you buy shares of Clover Health or any other company. When the underlying business is strong and has great prospects, you don't have to be concerned about short-term volatility with the share price.</p>\n<p>However, there are times when share prices get way out of alignment with the prospects of the underlying business. Short squeezes can often make this happen. In these cases, it's especially important to be careful in buying a stock. Sure, you're still buying a part of a business -- but you can pay a lot more than the business is actually worth.</p>\n<p>In my view, there are several reasons to like Clover Health's underlying business. The company has an intriguing technology that physicians use. It's expanding into the original Medicare market, a move that could boost sales tremendously. Clover Health has a visionary management team.</p>\n<p>But buying a stock that's a short squeeze candidate is risky if you aren't ready, willing, and able to sell shares immediately once the short squeeze ends. When a company issues a warning like Clover Health just did, the smart thing to do is to listen and take that warning seriously.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>This Hot Reddit Stock Just Gave Investors an Ominous Warning</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\">\nThis Hot Reddit Stock Just Gave Investors an Ominous Warning\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-30 11:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/06/29/this-hot-reddit-stock-just-gave-investors-an-omino/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>This year was shaping up to be a miserable one for Clover Health (NASDAQ:CLOV). Note the use of the past tense in that statement, though. Thanks in large part to Reddit users piling on, Clover's ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/29/this-hot-reddit-stock-just-gave-investors-an-omino/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CLOV":"Clover Health Corp"},"source_url":"https://www.fool.com/investing/2021/06/29/this-hot-reddit-stock-just-gave-investors-an-omino/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2147585034","content_text":"This year was shaping up to be a miserable one for Clover Health (NASDAQ:CLOV). Note the use of the past tense in that statement, though. Thanks in large part to Reddit users piling on, Clover's shares have soared in recent weeks.\nDon't think that the waters are safe to jump aboard the bandwagon for Clover Health yet, however. Here's why this hot Reddit stock just gave investors an ominous warning.\nBrutal honesty\nAll publicly traded companies want investors to buy their shares. Buying tends to beget more buying, which pushes the stock price up. It's rare that any company warns investors not to buy its stock. But that's exactly what Clover Health did recently.\nCompanies that plan to issue additional shares file a prospectus with the U.S. Securities and Exchange Commission (SEC). This prospectus gives potential investors a lot of information about the business and lays out the key reasons why they might want to buy the new shares.\nClover Health filed such a prospectus earlier this year, outlining its intent to issue additional Class B shares. These shares don't have the same level of voting rights as its Class A shares. Last week, the company submitted an amendment to the SEC for this prospectus. And that amendment contained a brutally honest message for potential investors.\nThe company acknowledged that its recent gains could be due to a short squeeze. Because of the potential for an additional short squeeze and its aftermath, Clover Health gave an unusually stark warning to investors: \"Under the circumstances, we caution you against investing in our Class B common stock, unless you are prepared to incur the risk of losing all or a substantial portion of your investment.\" It also noted, \"Investors that purchase shares of our Class A common stock during a short squeeze may lose a significant portion of their investment.\"\nNo fear?\nClover Health explained clearly what could happen with both its Class A and Class B shares. The company stated that if another short squeeze happens, once short-sellers cover their positions or if investors otherwise think the short squeeze has run its course, its stock price could fall quickly.\nYou might think that such an ominous warning would scare off many investors. Nope. Instead, it produced an opposite effect. Last week, shares of Clover Health soared by a double-digit percentage immediately after the company's amended prospectus with the serious warning was submitted to the SEC.\nThis reaction might seem counterintuitive. After all, Clover Health informed investors in no uncertain terms about the risks they face with buying the stock. So why did the shares of the company surge instead of sink? I think there are different reasons for different investors.\nSome truly believe in Clover Health and are willing to hold onto the stock regardless of what happens over the short term. Others are fully aware that the gains generated by a short squeeze could evaporate quickly but think they'll be able to sell in time to still make a big profit. Unfortunately, there could also be some who are new to investing and didn't pay attention to or didn't understand Clover Health's cautionary message.\nBusiness vs. stock\nIt's always wise to think of buying a stock as buying a part of a business. That's exactly what you're doing when you buy shares of Clover Health or any other company. When the underlying business is strong and has great prospects, you don't have to be concerned about short-term volatility with the share price.\nHowever, there are times when share prices get way out of alignment with the prospects of the underlying business. Short squeezes can often make this happen. In these cases, it's especially important to be careful in buying a stock. Sure, you're still buying a part of a business -- but you can pay a lot more than the business is actually worth.\nIn my view, there are several reasons to like Clover Health's underlying business. The company has an intriguing technology that physicians use. It's expanding into the original Medicare market, a move that could boost sales tremendously. Clover Health has a visionary management team.\nBut buying a stock that's a short squeeze candidate is risky if you aren't ready, willing, and able to sell shares immediately once the short squeeze ends. When a company issues a warning like Clover Health just did, the smart thing to do is to listen and take that warning seriously.","news_type":1},"isVote":1,"tweetType":1,"viewCount":101,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":153205862,"gmtCreate":1625025446656,"gmtModify":1703850416628,"author":{"id":"3574395786439720","authorId":"3574395786439720","name":"HuatHuat88","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574395786439720","authorIdStr":"3574395786439720"},"themes":[],"htmlText":"How low can this go? ?","listText":"How low can this go? ?","text":"How low can this go? ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/153205862","repostId":"153698546","repostType":1,"repost":{"id":153698546,"gmtCreate":1625020212385,"gmtModify":1703850281812,"author":{"id":"3568027320660432","authorId":"3568027320660432","name":"Tardetrade","avatar":"https://static.tigerbbs.com/b58e5ae159b2fa653dfa07897c133fdf","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3568027320660432","authorIdStr":"3568027320660432"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/S51.SI\">$SEMBCORP MARINE LTD(S51.SI)$</a>Shorts want it at 0.124.&nbsp;","listText":"<a href=\"https://laohu8.com/S/S51.SI\">$SEMBCORP MARINE LTD(S51.SI)$</a>Shorts want it at 0.124.&nbsp;","text":"$SEMBCORP MARINE LTD(S51.SI)$Shorts want it at 0.124.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/153698546","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":56,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":122179166,"gmtCreate":1624607951355,"gmtModify":1703841595794,"author":{"id":"3574395786439720","authorId":"3574395786439720","name":"HuatHuat88","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574395786439720","authorIdStr":"3574395786439720"},"themes":[],"htmlText":"Ok. Daily quest","listText":"Ok. Daily quest","text":"Ok. Daily quest","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/122179166","repostId":"1192734381","repostType":4,"isVote":1,"tweetType":1,"viewCount":61,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":164362218,"gmtCreate":1624172688334,"gmtModify":1703830145332,"author":{"id":"3574395786439720","authorId":"3574395786439720","name":"HuatHuat88","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574395786439720","authorIdStr":"3574395786439720"},"themes":[],"htmlText":"Very stable.. not much movement ?","listText":"Very stable.. not much movement ?","text":"Very stable.. not much movement ?","images":[{"img":"https://static.tigerbbs.com/6f008596914702d9e7dc9ae798883a47","width":"1440","height":"3042"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/164362218","isVote":1,"tweetType":1,"viewCount":157,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":184338946,"gmtCreate":1623683600385,"gmtModify":1704208687340,"author":{"id":"3574395786439720","authorId":"3574395786439720","name":"HuatHuat88","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574395786439720","authorIdStr":"3574395786439720"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$TIGR 20210716 25.0 PUT(TIGR)$</a>go tigerr","listText":"<a href=\"https://laohu8.com/S/TIGR\">$TIGR 20210716 25.0 PUT(TIGR)$</a>go tigerr","text":"$TIGR 20210716 25.0 PUT(TIGR)$go tigerr","images":[{"img":"https://static.tigerbbs.com/8d9e0603421bf8299f12f99d06389f55","width":"1440","height":"2560"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/184338946","isVote":1,"tweetType":1,"viewCount":441,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":182691700,"gmtCreate":1623566603600,"gmtModify":1704206360783,"author":{"id":"3574395786439720","authorId":"3574395786439720","name":"HuatHuat88","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574395786439720","authorIdStr":"3574395786439720"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TLRY\">$TLRY 20210618 19.0 PUT(TLRY)$</a>gogogo","listText":"<a href=\"https://laohu8.com/S/TLRY\">$TLRY 20210618 19.0 PUT(TLRY)$</a>gogogo","text":"$TLRY 20210618 19.0 PUT(TLRY)$gogogo","images":[{"img":"https://static.tigerbbs.com/c3ea042ff023310dfbd1978c3437f151","width":"1440","height":"2560"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/182691700","isVote":1,"tweetType":1,"viewCount":192,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":186416634,"gmtCreate":1623520299928,"gmtModify":1704205450250,"author":{"id":"3574395786439720","authorId":"3574395786439720","name":"HuatHuat88","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574395786439720","authorIdStr":"3574395786439720"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/186416634","repostId":"2142273201","repostType":4,"repost":{"id":"2142273201","kind":"news","pubTimestamp":1623448800,"share":"https://ttm.financial/m/news/2142273201?lang=&edition=fundamental","pubTime":"2021-06-12 06:00","market":"us","language":"en","title":"Uber, Lyft Driver Shortage Boosts Business for New York’s Taxis","url":"https://stock-news.laohu8.com/highlight/detail?id=2142273201","media":"Bloomberg","summary":"(Bloomberg) -- New York’s yellow cabs are making a comeback.\nA driver shortage at Uber Technologies ","content":"<p><img src=\"https://static.tigerbbs.com/95fc2e2a37522794daca5ad82b087b3a\" tg-width=\"1296\" tg-height=\"744\"></p>\n<p>(Bloomberg) -- New York’s yellow cabs are making a comeback.</p>\n<p>A driver shortage at Uber Technologies Inc. and Lyft Inc. has left city riders frustrated with high fares and long wait times, leading many to step off the curb and raise a hand.</p>\n<p>“Business has been great. I’ve never seen it like this before,” said Tainur Rahman, a taxi driver from the Bronx. Rahman, who has been driving for about a decade, said he’s optimistic about a sustained rebound in the summer months to help make up for profits lost during the dead months of Covid-19 lockdowns.</p>\n<p>Already suffering from an inundation of app-based drivers over the past several years, cabbies were dealt another significant blow by the pandemic, as commuters worked from home, tourists stayed away and no <a href=\"https://laohu8.com/S/AONE\">one</a> wanted to be in the same car with a stranger. As New York’s economy is revving up again, the number of daily taxi trips in New York City surged more than 800% in April from a year earlier, while app-based platforms like Uber and Lyft jumped some 220%, according to the Taxi &amp; Limousine Commission. That kind of demand, combined with the fact that there are only about <a href=\"https://laohu8.com/S/AONE.U\">one</a>-third of the taxis on the street now compared with before coronavirus restrictions in the city took hold, can also make it hard to find one.</p>\n<p>But it’s not just warmer weather and easing Covid-19 restrictions that have made people more comfortable hailing cabs the old-fashioned way.</p>\n<p>Across the country, demand for ride-hailing has exploded, leaving Uber and Lyft scrambling to recruit drivers. Many have been slow to get back behind the wheel after finding other work or resorting to government stimulus benefits during the pandemic. With fewer drivers on the road, fares have steadily climbed since the beginning of the year, with a ride costing customers 40% more in April, according to research firm Rakuten Intelligence.</p>\n<p>Donna Smiley lives in Washington Heights and commutes to work on the Upper East Side every morning. Since February, she’s been opting to take a taxi instead of ride-share due to the jump in fares.</p>\n<p>“I don’t know why Uber and the other services jacked their prices up so much in the past few months,” Smiley said. Her morning Uber ride used to cost between $20 to $25, but now it’s no less than $30 and can reach almost $50 at peak times. It’s worse during the evening rush. “The cleaner, more comfortable cars of Uber are not worth the huge jump in pricing,” she said.</p>\n<p>For cabbies, the app companies’ plight has been an opportunity for more business. It’s a bright spot for a beleaguered industry that has struggled to recover from a collapse in demand due to digital ride-hailing that deflated the value of taxi medallions and forced many cab drivers -- who were saddled with debt incurred to purchase permits -- into bankruptcy. In March, Mayor Bill de Blasio announced a plan to spend $65 million of the money New York City will receive from the federal stimulus package to help restructure the drivers’ loans. New York Attorney General Letitia James last year accused the city of committing fraud by artificially inflating the value of the medallions, which were sold at auction for more than $1 million in recent years before plummeting below $200,000 after the influx of app-based services.</p>\n<p>But the taxi industry is still far from a full recovery. The number of yellow cabs in New York, which had been declining even before the pandemic, cratered at the height of quarantine. A year later, there are still only an average of 3,800 cabbies on the streets. Ride-hailing apps like Uber and Lyft still account for the vast majority of trips per day, six times as many as yellow cabs, according to data from the TLC.</p>\n<p>Though ride-share’s baseline prices using the companies’ online calculators have actually remained consistent, it’s the more frequent surges that are causing fares to balloon, said Ippei Takahashi, founder and chief executive officer of RideGuru, a platform that helps people compare fares among ride-hailing services and taxis.</p>\n<p>“This doesn’t necessarily mean Uber and Lyft aren’t trying to charge more and capitalizing on this uplift in demand. They have full control over their dynamic pricing algorithm, which is known -- or at least speculated -- to be tweaked often and sometimes even manually,” he said. “I think most people in the industry expect things to stabilize fairly quickly as both customers and drivers return.”</p>\n<p>Both Uber and Lyft said more drivers came back to the platform in May as a result of incentives. “With the economy bouncing back, drivers are returning to Uber in force to take advantage of higher earnings opportunities from our driver stimulus while they are still available,” an Uber spokeswoman said, adding that wait times in New York and Los Angeles -- two key markets -- have “significantly decreased.”</p>\n<p>Part of the reason taxis have been able to capture more of the demand is because of platforms like Curb and Arro, which allow riders to flag a cab with ease through an app, or hail one with a hand and pay in the app. About two-thirds of taxis in New York are equipped with Curb’s technology, according to vice president of mobility Jason Gross, who said the app has become a competitive alternative to Uber and Lyft amid the longer wait times and increased surge pricing.</p>\n<p>Yellow cabs adhere to city-regulated meters which take both time and distance into account and don’t have surge pricing. The basic fee is $2.50 and then about 50 cents per 1/5 mile, in addition to other potential fees, including a $2.50 congestion surcharge. In normal circumstances, taxi fares are about 5% to 10% cheaper than ride-shares, according to Gross, a differential he said has substantially widened in recent months.</p>\n<p>Curb recently rolled out an upgrade that allows riders to see their fare upfront before e-hailing -- a relatively new feature for taxis. That has led to more mobile bookings, which are now double pre-pandemic highs, he said. Monthly downloads of the app grew 24% in May compared with pre-pandemic levels and daily active users jumped 33%, according to market research firm Apptopia.</p>\n<p>Taxi drivers also see taxi apps like Curb as a modern improvement. For Brooklyn cabbie Mohammed Latif, Curb is a safeguard against passengers ducking out without paying their fare, because it’s linked to a credit card. Also, the steady flow of rides has made earnings more stable, he said. “I don’t just have to depend on people being outside waving me down.”</p>\n<p>As the city’s economic rebound solidifies, there will likely be more jockeying for position among drivers and riders will aim to take advantage of a renewed competition.</p>\n<p>Phillip Giambri, a <a href=\"https://laohu8.com/S/MHC.AU\">Manhattan</a> resident, recently opted to take a Lyft for $37 from LaGuardia Airport after Uber quoted him almost double the price. After waiting 15 minutes, he was told there were no drivers available. When he finally jumped in a taxi, it cost him only $28 to get home. “I’m disabled and rely on the car services but the prices are gonna put me back in yellow cabs.”</p>","source":"yahoofinance","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>Uber, Lyft Driver Shortage Boosts Business for New York’s Taxis</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\">\nUber, Lyft Driver Shortage Boosts Business for New York’s Taxis\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-12 06:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/uber-lyft-driver-shortage-boosts-100000777.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- New York’s yellow cabs are making a comeback.\nA driver shortage at Uber Technologies Inc. and Lyft Inc. has left city riders frustrated with high fares and long wait times, leading many...</p>\n\n<a href=\"https://finance.yahoo.com/news/uber-lyft-driver-shortage-boosts-100000777.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NGD":"New Gold","LYFT":"Lyft, Inc.","UBER":"优步"},"source_url":"https://finance.yahoo.com/news/uber-lyft-driver-shortage-boosts-100000777.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2142273201","content_text":"(Bloomberg) -- New York’s yellow cabs are making a comeback.\nA driver shortage at Uber Technologies Inc. and Lyft Inc. has left city riders frustrated with high fares and long wait times, leading many to step off the curb and raise a hand.\n“Business has been great. I’ve never seen it like this before,” said Tainur Rahman, a taxi driver from the Bronx. Rahman, who has been driving for about a decade, said he’s optimistic about a sustained rebound in the summer months to help make up for profits lost during the dead months of Covid-19 lockdowns.\nAlready suffering from an inundation of app-based drivers over the past several years, cabbies were dealt another significant blow by the pandemic, as commuters worked from home, tourists stayed away and no one wanted to be in the same car with a stranger. As New York’s economy is revving up again, the number of daily taxi trips in New York City surged more than 800% in April from a year earlier, while app-based platforms like Uber and Lyft jumped some 220%, according to the Taxi & Limousine Commission. That kind of demand, combined with the fact that there are only about one-third of the taxis on the street now compared with before coronavirus restrictions in the city took hold, can also make it hard to find one.\nBut it’s not just warmer weather and easing Covid-19 restrictions that have made people more comfortable hailing cabs the old-fashioned way.\nAcross the country, demand for ride-hailing has exploded, leaving Uber and Lyft scrambling to recruit drivers. Many have been slow to get back behind the wheel after finding other work or resorting to government stimulus benefits during the pandemic. With fewer drivers on the road, fares have steadily climbed since the beginning of the year, with a ride costing customers 40% more in April, according to research firm Rakuten Intelligence.\nDonna Smiley lives in Washington Heights and commutes to work on the Upper East Side every morning. Since February, she’s been opting to take a taxi instead of ride-share due to the jump in fares.\n“I don’t know why Uber and the other services jacked their prices up so much in the past few months,” Smiley said. Her morning Uber ride used to cost between $20 to $25, but now it’s no less than $30 and can reach almost $50 at peak times. It’s worse during the evening rush. “The cleaner, more comfortable cars of Uber are not worth the huge jump in pricing,” she said.\nFor cabbies, the app companies’ plight has been an opportunity for more business. It’s a bright spot for a beleaguered industry that has struggled to recover from a collapse in demand due to digital ride-hailing that deflated the value of taxi medallions and forced many cab drivers -- who were saddled with debt incurred to purchase permits -- into bankruptcy. In March, Mayor Bill de Blasio announced a plan to spend $65 million of the money New York City will receive from the federal stimulus package to help restructure the drivers’ loans. New York Attorney General Letitia James last year accused the city of committing fraud by artificially inflating the value of the medallions, which were sold at auction for more than $1 million in recent years before plummeting below $200,000 after the influx of app-based services.\nBut the taxi industry is still far from a full recovery. The number of yellow cabs in New York, which had been declining even before the pandemic, cratered at the height of quarantine. A year later, there are still only an average of 3,800 cabbies on the streets. Ride-hailing apps like Uber and Lyft still account for the vast majority of trips per day, six times as many as yellow cabs, according to data from the TLC.\nThough ride-share’s baseline prices using the companies’ online calculators have actually remained consistent, it’s the more frequent surges that are causing fares to balloon, said Ippei Takahashi, founder and chief executive officer of RideGuru, a platform that helps people compare fares among ride-hailing services and taxis.\n“This doesn’t necessarily mean Uber and Lyft aren’t trying to charge more and capitalizing on this uplift in demand. They have full control over their dynamic pricing algorithm, which is known -- or at least speculated -- to be tweaked often and sometimes even manually,” he said. “I think most people in the industry expect things to stabilize fairly quickly as both customers and drivers return.”\nBoth Uber and Lyft said more drivers came back to the platform in May as a result of incentives. “With the economy bouncing back, drivers are returning to Uber in force to take advantage of higher earnings opportunities from our driver stimulus while they are still available,” an Uber spokeswoman said, adding that wait times in New York and Los Angeles -- two key markets -- have “significantly decreased.”\nPart of the reason taxis have been able to capture more of the demand is because of platforms like Curb and Arro, which allow riders to flag a cab with ease through an app, or hail one with a hand and pay in the app. About two-thirds of taxis in New York are equipped with Curb’s technology, according to vice president of mobility Jason Gross, who said the app has become a competitive alternative to Uber and Lyft amid the longer wait times and increased surge pricing.\nYellow cabs adhere to city-regulated meters which take both time and distance into account and don’t have surge pricing. The basic fee is $2.50 and then about 50 cents per 1/5 mile, in addition to other potential fees, including a $2.50 congestion surcharge. In normal circumstances, taxi fares are about 5% to 10% cheaper than ride-shares, according to Gross, a differential he said has substantially widened in recent months.\nCurb recently rolled out an upgrade that allows riders to see their fare upfront before e-hailing -- a relatively new feature for taxis. That has led to more mobile bookings, which are now double pre-pandemic highs, he said. Monthly downloads of the app grew 24% in May compared with pre-pandemic levels and daily active users jumped 33%, according to market research firm Apptopia.\nTaxi drivers also see taxi apps like Curb as a modern improvement. For Brooklyn cabbie Mohammed Latif, Curb is a safeguard against passengers ducking out without paying their fare, because it’s linked to a credit card. Also, the steady flow of rides has made earnings more stable, he said. “I don’t just have to depend on people being outside waving me down.”\nAs the city’s economic rebound solidifies, there will likely be more jockeying for position among drivers and riders will aim to take advantage of a renewed competition.\nPhillip Giambri, a Manhattan resident, recently opted to take a Lyft for $37 from LaGuardia Airport after Uber quoted him almost double the price. After waiting 15 minutes, he was told there were no drivers available. When he finally jumped in a taxi, it cost him only $28 to get home. “I’m disabled and rely on the car services but the prices are gonna put me back in yellow cabs.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":149,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":186416304,"gmtCreate":1623520238208,"gmtModify":1704205449925,"author":{"id":"3574395786439720","authorId":"3574395786439720","name":"HuatHuat88","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574395786439720","authorIdStr":"3574395786439720"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/186416304","repostId":"2142202756","repostType":4,"repost":{"id":"2142202756","kind":"news","pubTimestamp":1623449952,"share":"https://ttm.financial/m/news/2142202756?lang=&edition=fundamental","pubTime":"2021-06-12 06:19","market":"us","language":"en","title":"Mudrick’s AMC Bet Backfires After Meme Frenzy Wrecks Hedges","url":"https://stock-news.laohu8.com/highlight/detail?id=2142202756","media":"Bloomberg","summary":"(Bloomberg) -- After weeks of profiting from the stock and debt of AMC Entertainment Holdings Inc., ","content":"<p>(Bloomberg) -- After weeks of profiting from the stock and debt of AMC Entertainment Holdings Inc., hedge fund Mudrick Capital Management ended up with a 5.4% loss after a derivatives bet went haywire.</p>\n<p>The fund, which specializes in distressed debt, suffered the losses on AMC after day traders pushed the movie theater’s shares up as much as 127% on a single day, derailing call options Mudrick had sold on AMC shares to hedge exposure to the company, according to a person with knowledge of the matter. The Wall Street Journal earlier reported on the losses.</p>\n<p>Up until the improbable surge in AMC’s shares, the firm founded by Jason Mudrick had been among the big winners on AMC securities after the hedge fund agreed to help keep the cinema chain afloat last year by committing to buy new debt issued by the company. That and other AMC positions helped the fund reap almost $200 million in gains in January, Bloomberg News previously reported. Then the firm bought about $230 million of new shares from the company in a deal announced June 1, shares it quickly flipped to day traders and other AMC enthusiasts for another profit.</p>\n<p>But that’s when things started to unravel.</p>\n<p>To protect the firm’s holdings from a market plunge, Mudrick sold call options that gave other investors the right to buy shares from him at pre-set levels -- most of which were at $40 or more -- well above any price at which the shares had ever traded.</p>\n<p>As AMC’s stock surged June 2 in its Reddit-fueled frenzy, the price suddenly blasted past the prices at which the fund’s counterparties could cash in on the call options, the person said. The hedges ended up losing 10%, causing the net loss of 5.4%.</p>\n<p>A representative for Mudrick declined to comment.</p>\n<p><b>Shedding Risk</b></p>\n<p>Mudrick no longer has exposure to AMC after unwinding all of its debt, stock and derivatives bets. The firm is still up between 12% and 14% for the year, the person said.</p>\n<p>A risk committee for Mudrick Capital met virtually on the night of June 1 and decided to exit all debt and derivative positions the following day, the person said. Mudrick sold about a third of its exposure before the stock surged even further on June 2 and was fully out by that afternoon. The firm sold its 15% first-lien bonds in the theater chain for 121 cents on the dollar, the person added.</p>\n<p>But the trade’s unwind didn’t come soon enough. AMC shares surged past $40 to reach as high as $72.62, blowing up the firm’s short position and effectively unraveling what had looked like a winning bet.</p>\n<p>AMC shares have soared more than 2,200% this year, and debt holders have also benefited from the rally. The company’s bonds due 2026 that were trading as low as 5 cents on the dollar in November now change hands above face value, according to Trace.</p>\n<p>While ultimately handing Mudrick a loss, the meme stock frenzy helped AMC earn a credit upgrade from S&amp;P Global Ratings after the company was able to raise hundreds of millions of dollars from share sales.</p>\n<p>Mudrick’s flagship fund rose about 12% in 2020, making much of its money in the fourth quarter of last year, Bloomberg previously reported. The firm manages around $3.5 billion.</p>","source":"yahoofinance","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>Mudrick’s AMC Bet Backfires After Meme Frenzy Wrecks Hedges</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\">\nMudrick’s AMC Bet Backfires After Meme Frenzy Wrecks Hedges\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-12 06:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/mudrick-amc-bet-backfires-meme-221912972.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- After weeks of profiting from the stock and debt of AMC Entertainment Holdings Inc., hedge fund Mudrick Capital Management ended up with a 5.4% loss after a derivatives bet went haywire...</p>\n\n<a href=\"https://finance.yahoo.com/news/mudrick-amc-bet-backfires-meme-221912972.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"source_url":"https://finance.yahoo.com/news/mudrick-amc-bet-backfires-meme-221912972.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2142202756","content_text":"(Bloomberg) -- After weeks of profiting from the stock and debt of AMC Entertainment Holdings Inc., hedge fund Mudrick Capital Management ended up with a 5.4% loss after a derivatives bet went haywire.\nThe fund, which specializes in distressed debt, suffered the losses on AMC after day traders pushed the movie theater’s shares up as much as 127% on a single day, derailing call options Mudrick had sold on AMC shares to hedge exposure to the company, according to a person with knowledge of the matter. The Wall Street Journal earlier reported on the losses.\nUp until the improbable surge in AMC’s shares, the firm founded by Jason Mudrick had been among the big winners on AMC securities after the hedge fund agreed to help keep the cinema chain afloat last year by committing to buy new debt issued by the company. That and other AMC positions helped the fund reap almost $200 million in gains in January, Bloomberg News previously reported. Then the firm bought about $230 million of new shares from the company in a deal announced June 1, shares it quickly flipped to day traders and other AMC enthusiasts for another profit.\nBut that’s when things started to unravel.\nTo protect the firm’s holdings from a market plunge, Mudrick sold call options that gave other investors the right to buy shares from him at pre-set levels -- most of which were at $40 or more -- well above any price at which the shares had ever traded.\nAs AMC’s stock surged June 2 in its Reddit-fueled frenzy, the price suddenly blasted past the prices at which the fund’s counterparties could cash in on the call options, the person said. The hedges ended up losing 10%, causing the net loss of 5.4%.\nA representative for Mudrick declined to comment.\nShedding Risk\nMudrick no longer has exposure to AMC after unwinding all of its debt, stock and derivatives bets. The firm is still up between 12% and 14% for the year, the person said.\nA risk committee for Mudrick Capital met virtually on the night of June 1 and decided to exit all debt and derivative positions the following day, the person said. Mudrick sold about a third of its exposure before the stock surged even further on June 2 and was fully out by that afternoon. The firm sold its 15% first-lien bonds in the theater chain for 121 cents on the dollar, the person added.\nBut the trade’s unwind didn’t come soon enough. AMC shares surged past $40 to reach as high as $72.62, blowing up the firm’s short position and effectively unraveling what had looked like a winning bet.\nAMC shares have soared more than 2,200% this year, and debt holders have also benefited from the rally. The company’s bonds due 2026 that were trading as low as 5 cents on the dollar in November now change hands above face value, according to Trace.\nWhile ultimately handing Mudrick a loss, the meme stock frenzy helped AMC earn a credit upgrade from S&P Global Ratings after the company was able to raise hundreds of millions of dollars from share sales.\nMudrick’s flagship fund rose about 12% in 2020, making much of its money in the fourth quarter of last year, Bloomberg previously reported. The firm manages around $3.5 billion.","news_type":1},"isVote":1,"tweetType":1,"viewCount":207,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":186012171,"gmtCreate":1623465063693,"gmtModify":1704204369964,"author":{"id":"3574395786439720","authorId":"3574395786439720","name":"HuatHuat88","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574395786439720","authorIdStr":"3574395786439720"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/CCIV\">$Churchill Capital Corp IV(CCIV)$</a>????","listText":"<a href=\"https://laohu8.com/S/CCIV\">$Churchill Capital Corp IV(CCIV)$</a>????","text":"$Churchill Capital Corp IV(CCIV)$????","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/186012171","isVote":1,"tweetType":1,"viewCount":202,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":188775379,"gmtCreate":1623463884891,"gmtModify":1704204313873,"author":{"id":"3574395786439720","authorId":"3574395786439720","name":"HuatHuat88","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574395786439720","authorIdStr":"3574395786439720"},"themes":[],"htmlText":"???","listText":"???","text":"???","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/188775379","repostId":"188494927","repostType":1,"isVote":1,"tweetType":1,"viewCount":202,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":385265468,"gmtCreate":1613555857154,"gmtModify":1704881969911,"author":{"id":"3574395786439720","authorId":"3574395786439720","name":"HuatHuat88","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574395786439720","authorIdStr":"3574395786439720"},"themes":[],"htmlText":"Huat ah","listText":"Huat ah","text":"Huat ah","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/385265468","repostId":"2112833386","repostType":4,"isVote":1,"tweetType":1,"viewCount":139,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":863660033,"gmtCreate":1632386453222,"gmtModify":1676530769654,"author":{"id":"3574395786439720","authorId":"3574395786439720","name":"HuatHuat88","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574395786439720","authorIdStr":"3574395786439720"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>maybe reach 13+ then drop.. at 13+ then do covered call ?","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>maybe reach 13+ then drop.. at 13+ then do covered call ?","text":"$Tiger Brokers(TIGR)$maybe reach 13+ then drop.. at 13+ then do covered call ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/863660033","isVote":1,"tweetType":1,"viewCount":634,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":108933222,"gmtCreate":1619973159966,"gmtModify":1704336901750,"author":{"id":"3574395786439720","authorId":"3574395786439720","name":"HuatHuat88","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574395786439720","authorIdStr":"3574395786439720"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/108933222","repostId":"1155857726","repostType":4,"repost":{"id":"1155857726","kind":"news","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":1619795809,"share":"https://ttm.financial/m/news/1155857726?lang=&edition=fundamental","pubTime":"2021-04-30 23:16","market":"us","language":"en","title":"Fed's Kaplan sees financial market 'excesses,' eyes QE taper","url":"https://stock-news.laohu8.com/highlight/detail?id=1155857726","media":"Reuters","summary":"Dallas Federal Reserve Bank President Robert Kaplan on Friday warned of imbalances in U.S. financial","content":"<p>Dallas Federal Reserve Bank President Robert Kaplan on Friday warned of imbalances in U.S. financial markets and said he now believes the economy will meet the benchmarks the central bank set out for trimming its bond buying sooner than he had anticipated.</p>\n<p>\"We are now at a point where I'm observing excesses and imbalances in financial markets,\" Kaplan told the Montgomery Area Chamber of Commerce, pointing to the elevated stock market, credit spreads, and a \"historically\" robust housing market. \"I do think, at the earliest opportunity, I think it would be appropriate for us to start talking about adjusting those purchases,\" referring to the Fed's $120 billion in monthly bond buys known as quantitative easing, or QE.</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>Fed's Kaplan sees financial market 'excesses,' eyes QE taper</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\">\nFed's Kaplan sees financial market 'excesses,' eyes QE taper\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\">2021-04-30 23:16</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Dallas Federal Reserve Bank President Robert Kaplan on Friday warned of imbalances in U.S. financial markets and said he now believes the economy will meet the benchmarks the central bank set out for trimming its bond buying sooner than he had anticipated.</p>\n<p>\"We are now at a point where I'm observing excesses and imbalances in financial markets,\" Kaplan told the Montgomery Area Chamber of Commerce, pointing to the elevated stock market, credit spreads, and a \"historically\" robust housing market. \"I do think, at the earliest opportunity, I think it would be appropriate for us to start talking about adjusting those purchases,\" referring to the Fed's $120 billion in monthly bond buys known as quantitative easing, or QE.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155857726","content_text":"Dallas Federal Reserve Bank President Robert Kaplan on Friday warned of imbalances in U.S. financial markets and said he now believes the economy will meet the benchmarks the central bank set out for trimming its bond buying sooner than he had anticipated.\n\"We are now at a point where I'm observing excesses and imbalances in financial markets,\" Kaplan told the Montgomery Area Chamber of Commerce, pointing to the elevated stock market, credit spreads, and a \"historically\" robust housing market. \"I do think, at the earliest opportunity, I think it would be appropriate for us to start talking about adjusting those purchases,\" referring to the Fed's $120 billion in monthly bond buys known as quantitative easing, or QE.","news_type":1},"isVote":1,"tweetType":1,"viewCount":112,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3572939161983827","authorId":"3572939161983827","name":"RicPuah","avatar":"https://static.tigerbbs.com/f228739d2dbb241334ac0736565c39f6","crmLevel":2,"crmLevelSwitch":0,"idStr":"3572939161983827","authorIdStr":"3572939161983827"},"content":"Done. me too please","text":"Done. me too please","html":"Done. me too please"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":361545915,"gmtCreate":1614249889637,"gmtModify":1704769599472,"author":{"id":"3574395786439720","authorId":"3574395786439720","name":"HuatHuat88","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574395786439720","authorIdStr":"3574395786439720"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/GILT\">$Gilat Satellite Networks(GILT)$</a>huat ah","listText":"<a href=\"https://laohu8.com/S/GILT\">$Gilat Satellite Networks(GILT)$</a>huat ah","text":"$Gilat Satellite Networks(GILT)$huat ah","images":[{"img":"https://static.tigerbbs.com/7b9b9f781439d98c17fc9972f9a52c88","width":"1440","height":"2560"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/361545915","isVote":1,"tweetType":1,"viewCount":943,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3559092967769547","authorId":"3559092967769547","name":"JennyChen","avatar":"https://static.tigerbbs.com/e7476e6fe63a32fff1474128a4245c40","crmLevel":8,"crmLevelSwitch":1,"idStr":"3559092967769547","authorIdStr":"3559092967769547"},"content":"Is this promising?","text":"Is this promising?","html":"Is this promising?"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":153204201,"gmtCreate":1625025479003,"gmtModify":1703850416951,"author":{"id":"3574395786439720","authorId":"3574395786439720","name":"HuatHuat88","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574395786439720","authorIdStr":"3574395786439720"},"themes":[],"htmlText":"Can","listText":"Can","text":"Can","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/153204201","repostId":"2147585034","repostType":4,"isVote":1,"tweetType":1,"viewCount":101,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":122179166,"gmtCreate":1624607951355,"gmtModify":1703841595794,"author":{"id":"3574395786439720","authorId":"3574395786439720","name":"HuatHuat88","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574395786439720","authorIdStr":"3574395786439720"},"themes":[],"htmlText":"Ok. Daily quest","listText":"Ok. Daily quest","text":"Ok. Daily quest","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/122179166","repostId":"1192734381","repostType":4,"repost":{"id":"1192734381","kind":"news","pubTimestamp":1624607687,"share":"https://ttm.financial/m/news/1192734381?lang=&edition=fundamental","pubTime":"2021-06-25 15:54","market":"us","language":"en","title":"It Always Ends The Same Way: Crisis, Crash, Collapse","url":"https://stock-news.laohu8.com/highlight/detail?id=1192734381","media":"zerohedge","summary":"Risk has not been extinguished, it is expanding geometrically beneath the false stability of a monstrously manipulated market.","content":"<blockquote>\n <i>Risk has not been extinguished, it is expanding geometrically beneath the false stability of a monstrously manipulated market.</i>\n</blockquote>\n<p><img src=\"https://static.tigerbbs.com/901d35cf67cdca7a9c9da3d17ddb2d83\" tg-width=\"500\" tg-height=\"456\"></p>\n<p><b>One of the most under-appreciated investment insights is courtesy of Mike Tyson:&nbsp;</b><b><i>\"Everybody has a plan until they get punched in the mouth.\"</i></b>&nbsp;At this moment in history, the plan of most market participants is to place their full faith and trust in the status quo's ability to keep asset prices lofting ever higher, essentially forever.</p>\n<p><b>In other words, the vast majority of punters are convinced they will never suffer the indignity of getting punched in the mouth by a market crash.</b>&nbsp;What makes this confidence so interesting is&nbsp;<b>massively distorted markets always end the same way: crisis, crash and collapse.</b></p>\n<p><b>The core dynamic here is distorted markets provide false feedback and misleading information which then lead to participants making catastrophically misguided decisions.</b>&nbsp;Investment decisions made on poor information will also be poor, leading participants to end up poor, to their very great surprise.</p>\n<p><b>The surprise comes from the falsity of the feedback, as those who are distorting markets want punters to believe \"the market\" is functioning transparently.</b>&nbsp;If you're manipulating the market, the last thing you want is for the unwary marks to discover that the market is generating false signals and misleading information on risk, as&nbsp;<i>knowing the market is being distorted would alert them to the extraordinary risks intrinsic to heavily distorted markets.</i></p>\n<p><b>The risks arise from the disconnect between the precariousness of the manipulated market and the extreme confidence punters have in its stability and predictability.</b>&nbsp;The predictability comes not from transparent feedback and market signals but from the manipulation. This stability is entirely fabricated and therefore it lacks the&nbsp;<i>dynamic stability of truly open markets.</i></p>\n<p>Markets that are being distorted/manipulated to achieve a goal that is impossible in truly open markets--for example, markets that only loft higher with near-zero volatility--lull participants into a dangerous perception that because markets are so stable, risk has dissipated.</p>\n<p><img src=\"https://static.tigerbbs.com/e420e77dbab689d93ea0a8d481793dd0\" tg-width=\"500\" tg-height=\"430\"></p>\n<p><b>In actuality, risk is skyrocketing beneath the surface of the artificial stability because the market has been stripped of the mechanisms of&nbsp;</b><b><i>dynamic stability</i></b><b>.</b>&nbsp;This artificial stability derived from sustained manipulation has the superficial appearance of low-risk markets, i.e., low levels of volatility, but this lack of volatility derives not from transparency but from behind-the-scenes suppression of volatility.</p>\n<p><b>Another source of risk in distorted markets is the&nbsp;</b><b><i>illusion of liquidity</i></b><b>:</b>&nbsp;in low-volume markets of suppressed volatility, participants are encouraged to believe that they can buy and sell whatever securities they want in whatever volumes they want without disturbing market pricing and liquidity. In other words, participants are led to believe that the market will always have a bid due to the near-infinite depth of liquidity: no matter how many billions of dollars of securities you want to sell, there will always be a bid for your shares.</p>\n<p><b>In actual fact, the bid is paper-thin and it vanishes altogether once selling rises above very low levels.</b>&nbsp;Heavily manipulated markets are exquisitely sensitive to selling because the entire point is to limit any urge to sell while encouraging the greed to increase gains by buying more.</p>\n<p><b>The illusions of low risk, essentially guaranteed gains for those who increase their positions and near-infinite liquidity generate overwhelming incentives to borrow more and leverage it to the hilt to maximize gains.</b>&nbsp;The blissfully delusional punter feels the decision to borrow the maximum available and leverage it to the maximum is entirely rational due to the \"obvious\" absence of risk, the \"obvious\" guaranteed gains offered by markets lofting ever higher like clockwork and the \"obvious\" abundance of liquidity, assuring the punter they can always sell their entire position at today's prices and lock in profits at any time.</p>\n<p><b>On top of all these grossly misleading distortions, punters have been encouraged to believe in the ultimate distortion: the Federal Reserve will never let markets decline again, ever.</b>&nbsp;This is the perfection of&nbsp;<i>moral hazard</i>:&nbsp;<b>risk has been disconnected from consequence.</b></p>\n<p>In this perfection of&nbsp;<i>moral hazard</i>, punters consider it entirely rational to increase extremely risky speculative bets because&nbsp;<b>the Federal Reserve will never let markets decline.</b>&nbsp;Given the abundant evidence behind this assumption, it would be irrational not to ramp up crazy-risky speculative bets to the maximum&nbsp;<b>because losses are now impossible thanks to the Fed's implicit promise to never let markets drop.</b></p>\n<p><b>This is why distorted, manipulated markets always end the same way:</b>&nbsp;first, in an unexpected emergence of risk, which was presumed to be banished; second, a market crash as the paper-thin bid disappears and prices flash-crash to levels that wipe out all those forced to sell by margin calls, and then the collapse of faith in the manipulators (the Fed), collapse of the collateral supporting trillions of dollars in highly leveraged debt and then the collapse of the entire delusion-based financial system.</p>\n<p><img src=\"https://static.tigerbbs.com/db208f6307ade39a0c0f27fcdf7aa080\" tg-width=\"500\" tg-height=\"609\"></p>\n<p><b>Gordon Long and I illuminate the many layers of distortion, manipulation and moral hazard in our new video presentation,&nbsp;It Always Ends The Same Way</b>&nbsp;(34:33). Amidst the ruins generated by well-meaning manipulation and distortion, the \"well meaning\" part will leave an extremely long-lasting bitter taste in all those who failed to differentiate between the false signals and distorted information of manipulated markets and the trustworthy transparency of signals arising in truly open markets.</p>\n<p><b>In summary: risk has not been extinguished, it is expanding geometrically beneath the false stability of a monstrously manipulated market.</b>&nbsp;As I often note here,<i>risk cannot be extinguished, it can only be transferred.</i>&nbsp;By distorting markets to create an illusion of low-risk stability, the Federal Reserve has transferred this fatal supernova of risk to the entire financial system.</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>It Always Ends The Same Way: Crisis, Crash, Collapse</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\">\nIt Always Ends The Same Way: Crisis, Crash, Collapse\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-25 15:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/it-always-ends-same-way-crisis-crash-collapse><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Risk has not been extinguished, it is expanding geometrically beneath the false stability of a monstrously manipulated market.\n\n\nOne of the most under-appreciated investment insights is courtesy of ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/it-always-ends-same-way-crisis-crash-collapse\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯","SPY":"标普500ETF"},"source_url":"https://www.zerohedge.com/markets/it-always-ends-same-way-crisis-crash-collapse","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1192734381","content_text":"Risk has not been extinguished, it is expanding geometrically beneath the false stability of a monstrously manipulated market.\n\n\nOne of the most under-appreciated investment insights is courtesy of Mike Tyson: \"Everybody has a plan until they get punched in the mouth.\" At this moment in history, the plan of most market participants is to place their full faith and trust in the status quo's ability to keep asset prices lofting ever higher, essentially forever.\nIn other words, the vast majority of punters are convinced they will never suffer the indignity of getting punched in the mouth by a market crash. What makes this confidence so interesting is massively distorted markets always end the same way: crisis, crash and collapse.\nThe core dynamic here is distorted markets provide false feedback and misleading information which then lead to participants making catastrophically misguided decisions. Investment decisions made on poor information will also be poor, leading participants to end up poor, to their very great surprise.\nThe surprise comes from the falsity of the feedback, as those who are distorting markets want punters to believe \"the market\" is functioning transparently. If you're manipulating the market, the last thing you want is for the unwary marks to discover that the market is generating false signals and misleading information on risk, as knowing the market is being distorted would alert them to the extraordinary risks intrinsic to heavily distorted markets.\nThe risks arise from the disconnect between the precariousness of the manipulated market and the extreme confidence punters have in its stability and predictability. The predictability comes not from transparent feedback and market signals but from the manipulation. This stability is entirely fabricated and therefore it lacks the dynamic stability of truly open markets.\nMarkets that are being distorted/manipulated to achieve a goal that is impossible in truly open markets--for example, markets that only loft higher with near-zero volatility--lull participants into a dangerous perception that because markets are so stable, risk has dissipated.\n\nIn actuality, risk is skyrocketing beneath the surface of the artificial stability because the market has been stripped of the mechanisms of dynamic stability. This artificial stability derived from sustained manipulation has the superficial appearance of low-risk markets, i.e., low levels of volatility, but this lack of volatility derives not from transparency but from behind-the-scenes suppression of volatility.\nAnother source of risk in distorted markets is the illusion of liquidity: in low-volume markets of suppressed volatility, participants are encouraged to believe that they can buy and sell whatever securities they want in whatever volumes they want without disturbing market pricing and liquidity. In other words, participants are led to believe that the market will always have a bid due to the near-infinite depth of liquidity: no matter how many billions of dollars of securities you want to sell, there will always be a bid for your shares.\nIn actual fact, the bid is paper-thin and it vanishes altogether once selling rises above very low levels. Heavily manipulated markets are exquisitely sensitive to selling because the entire point is to limit any urge to sell while encouraging the greed to increase gains by buying more.\nThe illusions of low risk, essentially guaranteed gains for those who increase their positions and near-infinite liquidity generate overwhelming incentives to borrow more and leverage it to the hilt to maximize gains. The blissfully delusional punter feels the decision to borrow the maximum available and leverage it to the maximum is entirely rational due to the \"obvious\" absence of risk, the \"obvious\" guaranteed gains offered by markets lofting ever higher like clockwork and the \"obvious\" abundance of liquidity, assuring the punter they can always sell their entire position at today's prices and lock in profits at any time.\nOn top of all these grossly misleading distortions, punters have been encouraged to believe in the ultimate distortion: the Federal Reserve will never let markets decline again, ever. This is the perfection of moral hazard: risk has been disconnected from consequence.\nIn this perfection of moral hazard, punters consider it entirely rational to increase extremely risky speculative bets because the Federal Reserve will never let markets decline. Given the abundant evidence behind this assumption, it would be irrational not to ramp up crazy-risky speculative bets to the maximum because losses are now impossible thanks to the Fed's implicit promise to never let markets drop.\nThis is why distorted, manipulated markets always end the same way: first, in an unexpected emergence of risk, which was presumed to be banished; second, a market crash as the paper-thin bid disappears and prices flash-crash to levels that wipe out all those forced to sell by margin calls, and then the collapse of faith in the manipulators (the Fed), collapse of the collateral supporting trillions of dollars in highly leveraged debt and then the collapse of the entire delusion-based financial system.\n\nGordon Long and I illuminate the many layers of distortion, manipulation and moral hazard in our new video presentation, It Always Ends The Same Way (34:33). Amidst the ruins generated by well-meaning manipulation and distortion, the \"well meaning\" part will leave an extremely long-lasting bitter taste in all those who failed to differentiate between the false signals and distorted information of manipulated markets and the trustworthy transparency of signals arising in truly open markets.\nIn summary: risk has not been extinguished, it is expanding geometrically beneath the false stability of a monstrously manipulated market. As I often note here,risk cannot be extinguished, it can only be transferred. By distorting markets to create an illusion of low-risk stability, the Federal Reserve has transferred this fatal supernova of risk to the entire financial system.","news_type":1},"isVote":1,"tweetType":1,"viewCount":61,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":195660187,"gmtCreate":1621293189449,"gmtModify":1704355135847,"author":{"id":"3574395786439720","authorId":"3574395786439720","name":"HuatHuat88","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574395786439720","authorIdStr":"3574395786439720"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SNDL\">$Sundial Growers Inc.(SNDL)$</a>slowly slowly..","listText":"<a href=\"https://laohu8.com/S/SNDL\">$Sundial Growers Inc.(SNDL)$</a>slowly slowly..","text":"$Sundial Growers Inc.(SNDL)$slowly slowly..","images":[{"img":"https://static.tigerbbs.com/9d682e8e4f5a2f5865cf6ebd27a326ba","width":"1440","height":"2560"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/195660187","isVote":1,"tweetType":1,"viewCount":517,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3575847166129245","authorId":"3575847166129245","name":"Ll huat","avatar":"https://static.tigerbbs.com/2dff4b5a66d50eabc86a2180906e1fdb","crmLevel":2,"crmLevelSwitch":0,"idStr":"3575847166129245","authorIdStr":"3575847166129245"},"content":"Yes slowlY to $1","text":"Yes slowlY to $1","html":"Yes slowlY to $1"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":384361732,"gmtCreate":1613615959526,"gmtModify":1704882748772,"author":{"id":"3574395786439720","authorId":"3574395786439720","name":"HuatHuat88","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574395786439720","authorIdStr":"3574395786439720"},"themes":[],"htmlText":"HUAT AH","listText":"HUAT AH","text":"HUAT AH","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/384361732","repostId":"1109845490","repostType":4,"repost":{"id":"1109845490","kind":"news","pubTimestamp":1613614785,"share":"https://ttm.financial/m/news/1109845490?lang=&edition=fundamental","pubTime":"2021-02-18 10:19","market":"us","language":"en","title":"Brent Oil Passes $65 With U.S. Crisis Now a Global Supply Shock","url":"https://stock-news.laohu8.com/highlight/detail?id=1109845490","media":"Bloomberg","summary":"(Bloomberg) -- Brent oil blew past $65 a barrel as a cold blast that’s taken out almost 40% of U.S. ","content":"<p>(Bloomberg) -- Brent oil blew past $65 a barrel as a cold blast that’s taken out almost 40% of U.S. crude production morphed into a global supply shock.</p>\n<p>Futures in London jumped as much as 1.8% at the open after closing at the highest in almost 13 months. The global crude benchmark last traded above $65 on Jan. 21, 2020 before Covid-19 wreaked havoc on energy markets.</p>\n<p>More than 4 million barrels a day of U.S. oil output is now offline, according to traders and executives, amid an unprecedented cold snap that’s frozen well operations and led to widespread power cuts. A spate of refinery outages has curbed demand for crude in the country, however, while gasoline consumption is also down as the icy conditions keep many Americans off the roads.</p>\n<p>See also: Big Freeze in Texas Is Becoming a Global Oil Market Crisis</p>\n<p>The supply shock is aiding an already frothy global oil market and is starting to roil global energy flows, with traders snapping up ocean-going tankers to haul millions of barrels of European diesel to the U.S. Adding to the bullishness, the American Petroleum Institute reported an almost 6 million-barrel drop in U.S. crude stockpiles before official government data due later on Thursday.</p>\n<p>Estimates for how long the U.S. outages may last have gotten longer in recent days as analysts try to figure out the timespan involved in thawing out infrastructure. As American barrels are removed from the market, North Sea traders have been frantically bidding for the region’s cargoes. Buyers in Asia, meanwhile, have been snapping up Middle Eastern crude at higher premiums.</p>\n<p>Crude is up 26% this year as Saudi Arabia’s deep output cuts and an improving demand outlook encourage investors. The rally was tempered on Wednesday following a Dow Jones report citing unnamed advisers that the kingdom is planning to boost output in the coming months. Many analysts expect that the Saudis will pump more from April given the recent surge in prices.</p>\n<p>“This cold snap is the perfect storm for the oil market, but it’s probably not the only catalyst that has driven oil to these heights,” said Howie Lee, an economist at Oversea-Chinese Banking Corp. “We have Saudi Arabia supporting the market and the U.S. inventories are coming off at such a rapid pace.”</p>\n<p>Saudi Arabia’s energy minister, meanwhile, urged fellow members of the OPEC+ alliance to remain cautious as they prepare to consider further output increases. The group will gather in early March to decide whether it can revive some more of the production halted during the coronavirus pandemic.</p>\n<p>The cold blast has pushed WTI’s prompt timespread into a bearish contango structure, given the lack of demand from disrupted refineries. However, the similar spread for Brent has moved further into backwardation, reflecting the supply tightness. The April contract is now 87 cents a barrel more expensive than the May contract, from a gap of 29 cents at the start of last week.</p>","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>Brent Oil Passes $65 With U.S. Crisis Now a Global Supply Shock</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\">\nBrent Oil Passes $65 With U.S. Crisis Now a Global Supply Shock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-18 10:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/oil-extends-gain-u-crisis-235147230.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Brent oil blew past $65 a barrel as a cold blast that’s taken out almost 40% of U.S. crude production morphed into a global supply shock.\nFutures in London jumped as much as 1.8% at the...</p>\n\n<a href=\"https://finance.yahoo.com/news/oil-extends-gain-u-crisis-235147230.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/oil-extends-gain-u-crisis-235147230.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109845490","content_text":"(Bloomberg) -- Brent oil blew past $65 a barrel as a cold blast that’s taken out almost 40% of U.S. crude production morphed into a global supply shock.\nFutures in London jumped as much as 1.8% at the open after closing at the highest in almost 13 months. The global crude benchmark last traded above $65 on Jan. 21, 2020 before Covid-19 wreaked havoc on energy markets.\nMore than 4 million barrels a day of U.S. oil output is now offline, according to traders and executives, amid an unprecedented cold snap that’s frozen well operations and led to widespread power cuts. A spate of refinery outages has curbed demand for crude in the country, however, while gasoline consumption is also down as the icy conditions keep many Americans off the roads.\nSee also: Big Freeze in Texas Is Becoming a Global Oil Market Crisis\nThe supply shock is aiding an already frothy global oil market and is starting to roil global energy flows, with traders snapping up ocean-going tankers to haul millions of barrels of European diesel to the U.S. Adding to the bullishness, the American Petroleum Institute reported an almost 6 million-barrel drop in U.S. crude stockpiles before official government data due later on Thursday.\nEstimates for how long the U.S. outages may last have gotten longer in recent days as analysts try to figure out the timespan involved in thawing out infrastructure. As American barrels are removed from the market, North Sea traders have been frantically bidding for the region’s cargoes. Buyers in Asia, meanwhile, have been snapping up Middle Eastern crude at higher premiums.\nCrude is up 26% this year as Saudi Arabia’s deep output cuts and an improving demand outlook encourage investors. The rally was tempered on Wednesday following a Dow Jones report citing unnamed advisers that the kingdom is planning to boost output in the coming months. Many analysts expect that the Saudis will pump more from April given the recent surge in prices.\n“This cold snap is the perfect storm for the oil market, but it’s probably not the only catalyst that has driven oil to these heights,” said Howie Lee, an economist at Oversea-Chinese Banking Corp. “We have Saudi Arabia supporting the market and the U.S. inventories are coming off at such a rapid pace.”\nSaudi Arabia’s energy minister, meanwhile, urged fellow members of the OPEC+ alliance to remain cautious as they prepare to consider further output increases. The group will gather in early March to decide whether it can revive some more of the production halted during the coronavirus pandemic.\nThe cold blast has pushed WTI’s prompt timespread into a bearish contango structure, given the lack of demand from disrupted refineries. However, the similar spread for Brent has moved further into backwardation, reflecting the supply tightness. The April contract is now 87 cents a barrel more expensive than the May contract, from a gap of 29 cents at the start of last week.","news_type":1},"isVote":1,"tweetType":1,"viewCount":23,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9099382623,"gmtCreate":1643296950881,"gmtModify":1676533800175,"author":{"id":"3574395786439720","authorId":"3574395786439720","name":"HuatHuat88","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574395786439720","authorIdStr":"3574395786439720"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TIGR\">$Tiger Brokers(TIGR)$</a>at least few years to rebound","listText":"<a href=\"https://ttm.financial/S/TIGR\">$Tiger Brokers(TIGR)$</a>at least few years to rebound","text":"$Tiger Brokers(TIGR)$at least few years to rebound","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9099382623","isVote":1,"tweetType":1,"viewCount":1284,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":809181277,"gmtCreate":1627352381899,"gmtModify":1703488175954,"author":{"id":"3574395786439720","authorId":"3574395786439720","name":"HuatHuat88","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574395786439720","authorIdStr":"3574395786439720"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/01337\">$Razer(01337)$</a>keep stocking up.. hongkong stock all not doing well now but one day will come back ??","listText":"<a href=\"https://laohu8.com/S/01337\">$Razer(01337)$</a>keep stocking up.. hongkong stock all not doing well now but one day will come back ??","text":"$Razer(01337)$keep stocking up.. hongkong stock all not doing well now but one day will come back ??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/809181277","isVote":1,"tweetType":1,"viewCount":521,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":154993090,"gmtCreate":1625465925610,"gmtModify":1703742260161,"author":{"id":"3574395786439720","authorId":"3574395786439720","name":"HuatHuat88","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574395786439720","authorIdStr":"3574395786439720"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/CAN\">$CAN 20210716 7.5 PUT(CAN)$</a>exercise soon...&nbsp;","listText":"<a href=\"https://laohu8.com/S/CAN\">$CAN 20210716 7.5 PUT(CAN)$</a>exercise soon...&nbsp;","text":"$CAN 20210716 7.5 PUT(CAN)$exercise soon...","images":[{"img":"https://static.tigerbbs.com/47f88f9c3c65c4a8fc0963e1ecc90e42","width":"1440","height":"2560"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/154993090","isVote":1,"tweetType":1,"viewCount":769,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":184338946,"gmtCreate":1623683600385,"gmtModify":1704208687340,"author":{"id":"3574395786439720","authorId":"3574395786439720","name":"HuatHuat88","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574395786439720","authorIdStr":"3574395786439720"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$TIGR 20210716 25.0 PUT(TIGR)$</a>go tigerr","listText":"<a href=\"https://laohu8.com/S/TIGR\">$TIGR 20210716 25.0 PUT(TIGR)$</a>go tigerr","text":"$TIGR 20210716 25.0 PUT(TIGR)$go tigerr","images":[{"img":"https://static.tigerbbs.com/8d9e0603421bf8299f12f99d06389f55","width":"1440","height":"2560"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/184338946","isVote":1,"tweetType":1,"viewCount":441,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":376703721,"gmtCreate":1619145986363,"gmtModify":1704720350247,"author":{"id":"3574395786439720","authorId":"3574395786439720","name":"HuatHuat88","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574395786439720","authorIdStr":"3574395786439720"},"themes":[],"htmlText":"Huat ah","listText":"Huat ah","text":"Huat ah","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/376703721","repostId":"2129336573","repostType":4,"repost":{"id":"2129336573","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":1619121680,"share":"https://ttm.financial/m/news/2129336573?lang=&edition=fundamental","pubTime":"2021-04-23 04:01","market":"us","language":"en","title":"U.S. stocks drop on news of Biden tax proposals","url":"https://stock-news.laohu8.com/highlight/detail?id=2129336573","media":"Reuters","summary":"AT&T rises on strong quarterly resultsU.S. weekly jobless claims decline furtherIndexes down: Dow 0.","content":"<ul><li>AT&amp;T rises on strong quarterly results</li><li>U.S. weekly jobless claims decline further</li><li>Indexes down: Dow 0.94%, S&amp;P 500 0.92%, Nasdaq 0.94%</li></ul><p>By Herbert Lash</p><p>NEW YORK, April 22 (Reuters) - U.S. stocks dived on Thursday on reports President Joe Biden planned to almost double the capital gains tax, news analysts said provided an excuse to take profits in a directionless market ahead of big tech's earnings next week.</p><p>The three main indexes on Wall Street also fell on reports that Biden planned to raise income taxes on the wealthy, a proposal some said would be hard to pass in Congress.</p><p>\"If it had a chance of passing, we'd be down 2,000 points,\" said Thomas Hayes, chairman and managing member at hedge fund Great Hill Capital LLC.</p><p>Paul Nolte, portfolio manager at Kingsview Investment Management in Chicago, said when a proposal is floated about raising taxes or capital gains, everybody gets excited, sells first and asks questions later.</p><p>\"It is more of a short-term, knee-jerk reaction,\" he said.</p><p>Biden will propose raising the marginal income tax rate to 39.6% from 37% and nearly double capital gains taxes to 39.6% for people earning more than $1 million, sources told Reuters.</p><p>The proposal targets about $1 trillion for child care, universal pre-kindergarten education and paid leave for workers, the sources said.</p><p>Markets have been listless after the Dow    and S&amp;P 500&nbsp;scaled all-time peaks last week as investors await guidance from Microsoft Corp   , Google parent Alphabet Inc    and <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc    when they report earnings next week.</p><p>\"Until we get out of this information vacuum the market is going to be generally directionless,\" he said. \"All that really matters moving forward is what are those big tech earnings next week?\"</p><p>During the session, the S&amp;P 500 healthcare sector hit a fresh record high while industrials were the biggest gainers.</p><p>American Airlines Group Inc and Southwest Airlines Co    reported smaller-than-expected quarterly losses, signaling a revival in travel demand. Both shares fell.</p><p>Investors welcomed data showing the number of Americans filing new claims for unemployment benefits last week dropped to a fresh <a href=\"https://laohu8.com/S/AONE\">one</a>-year low. The Labor Department report suggested layoffs were subsiding and expectations were rising for another month of blockbuster job growth in April.</p><p>The speedy U.S. vaccination rollout has improved the economic outlook as people plan summer vacations and leisure spending, but a surge in COVID-19 cases in India and elsewhere in Asia has kept investors anxious, Hayes said.</p><p>Equities have likely reached a near-term top as expectations are too high, said Randy Frederick, vice president of trading and derivatives at Charles Schwab.</p><p>\"There's going to be continued positive moves throughout the remainder of the year but we are due for some sort of a pullback in the very short term,\" he said. \"Then the dip buyers will step back in.\"</p><p>First-quarter earnings are expected to increase 31.9% from a year ago, the highest rate since the fourth quarter, according to IBES Refinitiv data.</p><p>All 11 S&amp;P 500 sectors closed lower as Microsoft, Apple Inc , Amazon.com Inc and Tesla Inc weighted the most on the downdraft.</p><p>The Dow Jones Industrial Average fell 0.94% to 33,815.9, the S&amp;P 500 lost 0.92% at 4,134.98, and the Nasdaq Composite dropped 0.94% to 13,818.41.</p><p>Volume on U.S. exchanges was 10.35 billion shares, compared with the 10.32 billion full-session average over the last 20 trading days.</p><p>Chipmaker Intel Corp forecast second-quarter revenue above Wall Street targets, betting its next generation of processors for data centers and PCs will meet growing demand for cloud-based services. Shares slipped about 1% in after-hours trade.</p><p>AT&amp;T Inc beat Wall Street revenue targets as the U.S. economic reopening following pandemic-linked restrictions boosted smartphone sales and the media business. AT&amp;T shares rose 4.2%.</p><p>Biogen Inc beat quarterly profit estimates on stronger-than-expected sales for its muscle wasting disorder drug, though concerns over its reliance on its yet-to-be approved Alzheimer's therapy, aducanumab, weighed on shares. Biogen shares fell 4.0%.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.57-to-1 ratio; on Nasdaq, a 1.04-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 84 new 52-week highs and no new lows; the Nasdaq Composite recorded 86 new highs and 20 new lows. (Reporting by Herbert Lash, additional reporting by Lewis Krauskopf in New York, Shivani Kumaresan and Shreyashi Sanyal in Bengaluru; Editing by Anil D'Silva and Richard Chang)</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>U.S. stocks drop on news of Biden tax proposals</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\">\nU.S. stocks drop on news of Biden tax proposals\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\">2021-04-23 04:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul><li>AT&amp;T rises on strong quarterly results</li><li>U.S. weekly jobless claims decline further</li><li>Indexes down: Dow 0.94%, S&amp;P 500 0.92%, Nasdaq 0.94%</li></ul><p>By Herbert Lash</p><p>NEW YORK, April 22 (Reuters) - U.S. stocks dived on Thursday on reports President Joe Biden planned to almost double the capital gains tax, news analysts said provided an excuse to take profits in a directionless market ahead of big tech's earnings next week.</p><p>The three main indexes on Wall Street also fell on reports that Biden planned to raise income taxes on the wealthy, a proposal some said would be hard to pass in Congress.</p><p>\"If it had a chance of passing, we'd be down 2,000 points,\" said Thomas Hayes, chairman and managing member at hedge fund Great Hill Capital LLC.</p><p>Paul Nolte, portfolio manager at Kingsview Investment Management in Chicago, said when a proposal is floated about raising taxes or capital gains, everybody gets excited, sells first and asks questions later.</p><p>\"It is more of a short-term, knee-jerk reaction,\" he said.</p><p>Biden will propose raising the marginal income tax rate to 39.6% from 37% and nearly double capital gains taxes to 39.6% for people earning more than $1 million, sources told Reuters.</p><p>The proposal targets about $1 trillion for child care, universal pre-kindergarten education and paid leave for workers, the sources said.</p><p>Markets have been listless after the Dow    and S&amp;P 500&nbsp;scaled all-time peaks last week as investors await guidance from Microsoft Corp   , Google parent Alphabet Inc    and <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc    when they report earnings next week.</p><p>\"Until we get out of this information vacuum the market is going to be generally directionless,\" he said. \"All that really matters moving forward is what are those big tech earnings next week?\"</p><p>During the session, the S&amp;P 500 healthcare sector hit a fresh record high while industrials were the biggest gainers.</p><p>American Airlines Group Inc and Southwest Airlines Co    reported smaller-than-expected quarterly losses, signaling a revival in travel demand. Both shares fell.</p><p>Investors welcomed data showing the number of Americans filing new claims for unemployment benefits last week dropped to a fresh <a href=\"https://laohu8.com/S/AONE\">one</a>-year low. The Labor Department report suggested layoffs were subsiding and expectations were rising for another month of blockbuster job growth in April.</p><p>The speedy U.S. vaccination rollout has improved the economic outlook as people plan summer vacations and leisure spending, but a surge in COVID-19 cases in India and elsewhere in Asia has kept investors anxious, Hayes said.</p><p>Equities have likely reached a near-term top as expectations are too high, said Randy Frederick, vice president of trading and derivatives at Charles Schwab.</p><p>\"There's going to be continued positive moves throughout the remainder of the year but we are due for some sort of a pullback in the very short term,\" he said. \"Then the dip buyers will step back in.\"</p><p>First-quarter earnings are expected to increase 31.9% from a year ago, the highest rate since the fourth quarter, according to IBES Refinitiv data.</p><p>All 11 S&amp;P 500 sectors closed lower as Microsoft, Apple Inc , Amazon.com Inc and Tesla Inc weighted the most on the downdraft.</p><p>The Dow Jones Industrial Average fell 0.94% to 33,815.9, the S&amp;P 500 lost 0.92% at 4,134.98, and the Nasdaq Composite dropped 0.94% to 13,818.41.</p><p>Volume on U.S. exchanges was 10.35 billion shares, compared with the 10.32 billion full-session average over the last 20 trading days.</p><p>Chipmaker Intel Corp forecast second-quarter revenue above Wall Street targets, betting its next generation of processors for data centers and PCs will meet growing demand for cloud-based services. Shares slipped about 1% in after-hours trade.</p><p>AT&amp;T Inc beat Wall Street revenue targets as the U.S. economic reopening following pandemic-linked restrictions boosted smartphone sales and the media business. AT&amp;T shares rose 4.2%.</p><p>Biogen Inc beat quarterly profit estimates on stronger-than-expected sales for its muscle wasting disorder drug, though concerns over its reliance on its yet-to-be approved Alzheimer's therapy, aducanumab, weighed on shares. Biogen shares fell 4.0%.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.57-to-1 ratio; on Nasdaq, a 1.04-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 84 new 52-week highs and no new lows; the Nasdaq Composite recorded 86 new highs and 20 new lows. (Reporting by Herbert Lash, additional reporting by Lewis Krauskopf in New York, Shivani Kumaresan and Shreyashi Sanyal in Bengaluru; Editing by Anil D'Silva and Richard Chang)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","IVV":"标普500指数ETF","QLD":"纳指两倍做多ETF","DOG":"道指反向ETF","LUV":"西南航空","DJX":"1/100道琼斯","UDOW":"道指三倍做多ETF-ProShares","UPRO":"三倍做多标普500ETF","AMZN":"亚马逊","LHDX":"Lucira Health, Inc.","SSO":"两倍做多标普500ETF","BIIB":"渤健公司","T":"美国电话电报","03086":"华夏纳指","LABP":"Landos Biopharma, Inc.","SPXU":"三倍做空标普500ETF","AAL":"美国航空","APR":"Apria, Inc.","TSLA":"特斯拉","SQQQ":"纳指三倍做空ETF","PSQ":"纳指反向ETF","SDOW":"道指三倍做空ETF-ProShares","09086":"华夏纳指-U","AAPL":"苹果","OEF":"标普100指数ETF-iShares","CGEM":"Cullinan Therapeutics","QQQ":"纳指100ETF","SANA":"Sana Biotechnology, Inc.","MSFT":"微软","SDS":"两倍做空标普500ETF",".DJI":"道琼斯","DXD":"道指两倍做空ETF","QID":"纳指两倍做空ETF",".IXIC":"NASDAQ Composite","SCHW":"嘉信理财",".SPX":"S&P 500 Index","OEX":"标普100","TQQQ":"纳指三倍做多ETF","DDM":"道指两倍做多ETF","QNETCN":"纳斯达克中美互联网老虎指数","SH":"标普500反向ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129336573","content_text":"AT&T rises on strong quarterly resultsU.S. weekly jobless claims decline furtherIndexes down: Dow 0.94%, S&P 500 0.92%, Nasdaq 0.94%By Herbert LashNEW YORK, April 22 (Reuters) - U.S. stocks dived on Thursday on reports President Joe Biden planned to almost double the capital gains tax, news analysts said provided an excuse to take profits in a directionless market ahead of big tech's earnings next week.The three main indexes on Wall Street also fell on reports that Biden planned to raise income taxes on the wealthy, a proposal some said would be hard to pass in Congress.\"If it had a chance of passing, we'd be down 2,000 points,\" said Thomas Hayes, chairman and managing member at hedge fund Great Hill Capital LLC.Paul Nolte, portfolio manager at Kingsview Investment Management in Chicago, said when a proposal is floated about raising taxes or capital gains, everybody gets excited, sells first and asks questions later.\"It is more of a short-term, knee-jerk reaction,\" he said.Biden will propose raising the marginal income tax rate to 39.6% from 37% and nearly double capital gains taxes to 39.6% for people earning more than $1 million, sources told Reuters.The proposal targets about $1 trillion for child care, universal pre-kindergarten education and paid leave for workers, the sources said.Markets have been listless after the Dow    and S&P 500 scaled all-time peaks last week as investors await guidance from Microsoft Corp   , Google parent Alphabet Inc    and Facebook Inc    when they report earnings next week.\"Until we get out of this information vacuum the market is going to be generally directionless,\" he said. \"All that really matters moving forward is what are those big tech earnings next week?\"During the session, the S&P 500 healthcare sector hit a fresh record high while industrials were the biggest gainers.American Airlines Group Inc and Southwest Airlines Co    reported smaller-than-expected quarterly losses, signaling a revival in travel demand. Both shares fell.Investors welcomed data showing the number of Americans filing new claims for unemployment benefits last week dropped to a fresh one-year low. The Labor Department report suggested layoffs were subsiding and expectations were rising for another month of blockbuster job growth in April.The speedy U.S. vaccination rollout has improved the economic outlook as people plan summer vacations and leisure spending, but a surge in COVID-19 cases in India and elsewhere in Asia has kept investors anxious, Hayes said.Equities have likely reached a near-term top as expectations are too high, said Randy Frederick, vice president of trading and derivatives at Charles Schwab.\"There's going to be continued positive moves throughout the remainder of the year but we are due for some sort of a pullback in the very short term,\" he said. \"Then the dip buyers will step back in.\"First-quarter earnings are expected to increase 31.9% from a year ago, the highest rate since the fourth quarter, according to IBES Refinitiv data.All 11 S&P 500 sectors closed lower as Microsoft, Apple Inc , Amazon.com Inc and Tesla Inc weighted the most on the downdraft.The Dow Jones Industrial Average fell 0.94% to 33,815.9, the S&P 500 lost 0.92% at 4,134.98, and the Nasdaq Composite dropped 0.94% to 13,818.41.Volume on U.S. exchanges was 10.35 billion shares, compared with the 10.32 billion full-session average over the last 20 trading days.Chipmaker Intel Corp forecast second-quarter revenue above Wall Street targets, betting its next generation of processors for data centers and PCs will meet growing demand for cloud-based services. Shares slipped about 1% in after-hours trade.AT&T Inc beat Wall Street revenue targets as the U.S. economic reopening following pandemic-linked restrictions boosted smartphone sales and the media business. AT&T shares rose 4.2%.Biogen Inc beat quarterly profit estimates on stronger-than-expected sales for its muscle wasting disorder drug, though concerns over its reliance on its yet-to-be approved Alzheimer's therapy, aducanumab, weighed on shares. Biogen shares fell 4.0%.Declining issues outnumbered advancing ones on the NYSE by a 1.57-to-1 ratio; on Nasdaq, a 1.04-to-1 ratio favored decliners.The S&P 500 posted 84 new 52-week highs and no new lows; the Nasdaq Composite recorded 86 new highs and 20 new lows. (Reporting by Herbert Lash, additional reporting by Lewis Krauskopf in New York, Shivani Kumaresan and Shreyashi Sanyal in Bengaluru; Editing by Anil D'Silva and Richard Chang)","news_type":1},"isVote":1,"tweetType":1,"viewCount":42,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":186416634,"gmtCreate":1623520299928,"gmtModify":1704205450250,"author":{"id":"3574395786439720","authorId":"3574395786439720","name":"HuatHuat88","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574395786439720","authorIdStr":"3574395786439720"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/186416634","repostId":"2142273201","repostType":4,"repost":{"id":"2142273201","kind":"news","pubTimestamp":1623448800,"share":"https://ttm.financial/m/news/2142273201?lang=&edition=fundamental","pubTime":"2021-06-12 06:00","market":"us","language":"en","title":"Uber, Lyft Driver Shortage Boosts Business for New York’s Taxis","url":"https://stock-news.laohu8.com/highlight/detail?id=2142273201","media":"Bloomberg","summary":"(Bloomberg) -- New York’s yellow cabs are making a comeback.\nA driver shortage at Uber Technologies ","content":"<p><img src=\"https://static.tigerbbs.com/95fc2e2a37522794daca5ad82b087b3a\" tg-width=\"1296\" tg-height=\"744\"></p>\n<p>(Bloomberg) -- New York’s yellow cabs are making a comeback.</p>\n<p>A driver shortage at Uber Technologies Inc. and Lyft Inc. has left city riders frustrated with high fares and long wait times, leading many to step off the curb and raise a hand.</p>\n<p>“Business has been great. I’ve never seen it like this before,” said Tainur Rahman, a taxi driver from the Bronx. Rahman, who has been driving for about a decade, said he’s optimistic about a sustained rebound in the summer months to help make up for profits lost during the dead months of Covid-19 lockdowns.</p>\n<p>Already suffering from an inundation of app-based drivers over the past several years, cabbies were dealt another significant blow by the pandemic, as commuters worked from home, tourists stayed away and no <a href=\"https://laohu8.com/S/AONE\">one</a> wanted to be in the same car with a stranger. As New York’s economy is revving up again, the number of daily taxi trips in New York City surged more than 800% in April from a year earlier, while app-based platforms like Uber and Lyft jumped some 220%, according to the Taxi &amp; Limousine Commission. That kind of demand, combined with the fact that there are only about <a href=\"https://laohu8.com/S/AONE.U\">one</a>-third of the taxis on the street now compared with before coronavirus restrictions in the city took hold, can also make it hard to find one.</p>\n<p>But it’s not just warmer weather and easing Covid-19 restrictions that have made people more comfortable hailing cabs the old-fashioned way.</p>\n<p>Across the country, demand for ride-hailing has exploded, leaving Uber and Lyft scrambling to recruit drivers. Many have been slow to get back behind the wheel after finding other work or resorting to government stimulus benefits during the pandemic. With fewer drivers on the road, fares have steadily climbed since the beginning of the year, with a ride costing customers 40% more in April, according to research firm Rakuten Intelligence.</p>\n<p>Donna Smiley lives in Washington Heights and commutes to work on the Upper East Side every morning. Since February, she’s been opting to take a taxi instead of ride-share due to the jump in fares.</p>\n<p>“I don’t know why Uber and the other services jacked their prices up so much in the past few months,” Smiley said. Her morning Uber ride used to cost between $20 to $25, but now it’s no less than $30 and can reach almost $50 at peak times. It’s worse during the evening rush. “The cleaner, more comfortable cars of Uber are not worth the huge jump in pricing,” she said.</p>\n<p>For cabbies, the app companies’ plight has been an opportunity for more business. It’s a bright spot for a beleaguered industry that has struggled to recover from a collapse in demand due to digital ride-hailing that deflated the value of taxi medallions and forced many cab drivers -- who were saddled with debt incurred to purchase permits -- into bankruptcy. In March, Mayor Bill de Blasio announced a plan to spend $65 million of the money New York City will receive from the federal stimulus package to help restructure the drivers’ loans. New York Attorney General Letitia James last year accused the city of committing fraud by artificially inflating the value of the medallions, which were sold at auction for more than $1 million in recent years before plummeting below $200,000 after the influx of app-based services.</p>\n<p>But the taxi industry is still far from a full recovery. The number of yellow cabs in New York, which had been declining even before the pandemic, cratered at the height of quarantine. A year later, there are still only an average of 3,800 cabbies on the streets. Ride-hailing apps like Uber and Lyft still account for the vast majority of trips per day, six times as many as yellow cabs, according to data from the TLC.</p>\n<p>Though ride-share’s baseline prices using the companies’ online calculators have actually remained consistent, it’s the more frequent surges that are causing fares to balloon, said Ippei Takahashi, founder and chief executive officer of RideGuru, a platform that helps people compare fares among ride-hailing services and taxis.</p>\n<p>“This doesn’t necessarily mean Uber and Lyft aren’t trying to charge more and capitalizing on this uplift in demand. They have full control over their dynamic pricing algorithm, which is known -- or at least speculated -- to be tweaked often and sometimes even manually,” he said. “I think most people in the industry expect things to stabilize fairly quickly as both customers and drivers return.”</p>\n<p>Both Uber and Lyft said more drivers came back to the platform in May as a result of incentives. “With the economy bouncing back, drivers are returning to Uber in force to take advantage of higher earnings opportunities from our driver stimulus while they are still available,” an Uber spokeswoman said, adding that wait times in New York and Los Angeles -- two key markets -- have “significantly decreased.”</p>\n<p>Part of the reason taxis have been able to capture more of the demand is because of platforms like Curb and Arro, which allow riders to flag a cab with ease through an app, or hail one with a hand and pay in the app. About two-thirds of taxis in New York are equipped with Curb’s technology, according to vice president of mobility Jason Gross, who said the app has become a competitive alternative to Uber and Lyft amid the longer wait times and increased surge pricing.</p>\n<p>Yellow cabs adhere to city-regulated meters which take both time and distance into account and don’t have surge pricing. The basic fee is $2.50 and then about 50 cents per 1/5 mile, in addition to other potential fees, including a $2.50 congestion surcharge. In normal circumstances, taxi fares are about 5% to 10% cheaper than ride-shares, according to Gross, a differential he said has substantially widened in recent months.</p>\n<p>Curb recently rolled out an upgrade that allows riders to see their fare upfront before e-hailing -- a relatively new feature for taxis. That has led to more mobile bookings, which are now double pre-pandemic highs, he said. Monthly downloads of the app grew 24% in May compared with pre-pandemic levels and daily active users jumped 33%, according to market research firm Apptopia.</p>\n<p>Taxi drivers also see taxi apps like Curb as a modern improvement. For Brooklyn cabbie Mohammed Latif, Curb is a safeguard against passengers ducking out without paying their fare, because it’s linked to a credit card. Also, the steady flow of rides has made earnings more stable, he said. “I don’t just have to depend on people being outside waving me down.”</p>\n<p>As the city’s economic rebound solidifies, there will likely be more jockeying for position among drivers and riders will aim to take advantage of a renewed competition.</p>\n<p>Phillip Giambri, a <a href=\"https://laohu8.com/S/MHC.AU\">Manhattan</a> resident, recently opted to take a Lyft for $37 from LaGuardia Airport after Uber quoted him almost double the price. After waiting 15 minutes, he was told there were no drivers available. When he finally jumped in a taxi, it cost him only $28 to get home. “I’m disabled and rely on the car services but the prices are gonna put me back in yellow cabs.”</p>","source":"yahoofinance","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>Uber, Lyft Driver Shortage Boosts Business for New York’s Taxis</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\">\nUber, Lyft Driver Shortage Boosts Business for New York’s Taxis\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-12 06:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/uber-lyft-driver-shortage-boosts-100000777.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- New York’s yellow cabs are making a comeback.\nA driver shortage at Uber Technologies Inc. and Lyft Inc. has left city riders frustrated with high fares and long wait times, leading many...</p>\n\n<a href=\"https://finance.yahoo.com/news/uber-lyft-driver-shortage-boosts-100000777.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NGD":"New Gold","LYFT":"Lyft, Inc.","UBER":"优步"},"source_url":"https://finance.yahoo.com/news/uber-lyft-driver-shortage-boosts-100000777.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2142273201","content_text":"(Bloomberg) -- New York’s yellow cabs are making a comeback.\nA driver shortage at Uber Technologies Inc. and Lyft Inc. has left city riders frustrated with high fares and long wait times, leading many to step off the curb and raise a hand.\n“Business has been great. I’ve never seen it like this before,” said Tainur Rahman, a taxi driver from the Bronx. Rahman, who has been driving for about a decade, said he’s optimistic about a sustained rebound in the summer months to help make up for profits lost during the dead months of Covid-19 lockdowns.\nAlready suffering from an inundation of app-based drivers over the past several years, cabbies were dealt another significant blow by the pandemic, as commuters worked from home, tourists stayed away and no one wanted to be in the same car with a stranger. As New York’s economy is revving up again, the number of daily taxi trips in New York City surged more than 800% in April from a year earlier, while app-based platforms like Uber and Lyft jumped some 220%, according to the Taxi & Limousine Commission. That kind of demand, combined with the fact that there are only about one-third of the taxis on the street now compared with before coronavirus restrictions in the city took hold, can also make it hard to find one.\nBut it’s not just warmer weather and easing Covid-19 restrictions that have made people more comfortable hailing cabs the old-fashioned way.\nAcross the country, demand for ride-hailing has exploded, leaving Uber and Lyft scrambling to recruit drivers. Many have been slow to get back behind the wheel after finding other work or resorting to government stimulus benefits during the pandemic. With fewer drivers on the road, fares have steadily climbed since the beginning of the year, with a ride costing customers 40% more in April, according to research firm Rakuten Intelligence.\nDonna Smiley lives in Washington Heights and commutes to work on the Upper East Side every morning. Since February, she’s been opting to take a taxi instead of ride-share due to the jump in fares.\n“I don’t know why Uber and the other services jacked their prices up so much in the past few months,” Smiley said. Her morning Uber ride used to cost between $20 to $25, but now it’s no less than $30 and can reach almost $50 at peak times. It’s worse during the evening rush. “The cleaner, more comfortable cars of Uber are not worth the huge jump in pricing,” she said.\nFor cabbies, the app companies’ plight has been an opportunity for more business. It’s a bright spot for a beleaguered industry that has struggled to recover from a collapse in demand due to digital ride-hailing that deflated the value of taxi medallions and forced many cab drivers -- who were saddled with debt incurred to purchase permits -- into bankruptcy. In March, Mayor Bill de Blasio announced a plan to spend $65 million of the money New York City will receive from the federal stimulus package to help restructure the drivers’ loans. New York Attorney General Letitia James last year accused the city of committing fraud by artificially inflating the value of the medallions, which were sold at auction for more than $1 million in recent years before plummeting below $200,000 after the influx of app-based services.\nBut the taxi industry is still far from a full recovery. The number of yellow cabs in New York, which had been declining even before the pandemic, cratered at the height of quarantine. A year later, there are still only an average of 3,800 cabbies on the streets. Ride-hailing apps like Uber and Lyft still account for the vast majority of trips per day, six times as many as yellow cabs, according to data from the TLC.\nThough ride-share’s baseline prices using the companies’ online calculators have actually remained consistent, it’s the more frequent surges that are causing fares to balloon, said Ippei Takahashi, founder and chief executive officer of RideGuru, a platform that helps people compare fares among ride-hailing services and taxis.\n“This doesn’t necessarily mean Uber and Lyft aren’t trying to charge more and capitalizing on this uplift in demand. They have full control over their dynamic pricing algorithm, which is known -- or at least speculated -- to be tweaked often and sometimes even manually,” he said. “I think most people in the industry expect things to stabilize fairly quickly as both customers and drivers return.”\nBoth Uber and Lyft said more drivers came back to the platform in May as a result of incentives. “With the economy bouncing back, drivers are returning to Uber in force to take advantage of higher earnings opportunities from our driver stimulus while they are still available,” an Uber spokeswoman said, adding that wait times in New York and Los Angeles -- two key markets -- have “significantly decreased.”\nPart of the reason taxis have been able to capture more of the demand is because of platforms like Curb and Arro, which allow riders to flag a cab with ease through an app, or hail one with a hand and pay in the app. About two-thirds of taxis in New York are equipped with Curb’s technology, according to vice president of mobility Jason Gross, who said the app has become a competitive alternative to Uber and Lyft amid the longer wait times and increased surge pricing.\nYellow cabs adhere to city-regulated meters which take both time and distance into account and don’t have surge pricing. The basic fee is $2.50 and then about 50 cents per 1/5 mile, in addition to other potential fees, including a $2.50 congestion surcharge. In normal circumstances, taxi fares are about 5% to 10% cheaper than ride-shares, according to Gross, a differential he said has substantially widened in recent months.\nCurb recently rolled out an upgrade that allows riders to see their fare upfront before e-hailing -- a relatively new feature for taxis. That has led to more mobile bookings, which are now double pre-pandemic highs, he said. Monthly downloads of the app grew 24% in May compared with pre-pandemic levels and daily active users jumped 33%, according to market research firm Apptopia.\nTaxi drivers also see taxi apps like Curb as a modern improvement. For Brooklyn cabbie Mohammed Latif, Curb is a safeguard against passengers ducking out without paying their fare, because it’s linked to a credit card. Also, the steady flow of rides has made earnings more stable, he said. “I don’t just have to depend on people being outside waving me down.”\nAs the city’s economic rebound solidifies, there will likely be more jockeying for position among drivers and riders will aim to take advantage of a renewed competition.\nPhillip Giambri, a Manhattan resident, recently opted to take a Lyft for $37 from LaGuardia Airport after Uber quoted him almost double the price. After waiting 15 minutes, he was told there were no drivers available. When he finally jumped in a taxi, it cost him only $28 to get home. “I’m disabled and rely on the car services but the prices are gonna put me back in yellow cabs.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":149,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":186012171,"gmtCreate":1623465063693,"gmtModify":1704204369964,"author":{"id":"3574395786439720","authorId":"3574395786439720","name":"HuatHuat88","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574395786439720","authorIdStr":"3574395786439720"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/CCIV\">$Churchill Capital Corp IV(CCIV)$</a>????","listText":"<a href=\"https://laohu8.com/S/CCIV\">$Churchill Capital Corp IV(CCIV)$</a>????","text":"$Churchill Capital Corp IV(CCIV)$????","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/186012171","isVote":1,"tweetType":1,"viewCount":202,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":117679225,"gmtCreate":1623140714867,"gmtModify":1704196895298,"author":{"id":"3574395786439720","authorId":"3574395786439720","name":"HuatHuat88","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574395786439720","authorIdStr":"3574395786439720"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/CCIV\">$Churchill Capital Corp IV(CCIV)$</a>fly fly","listText":"<a href=\"https://laohu8.com/S/CCIV\">$Churchill Capital Corp IV(CCIV)$</a>fly fly","text":"$Churchill Capital Corp IV(CCIV)$fly fly","images":[{"img":"https://static.tigerbbs.com/348fc53b71368e60ca0f06a13efa4cf2","width":"1440","height":"2560"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/117679225","isVote":1,"tweetType":1,"viewCount":67,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":191137641,"gmtCreate":1620863452583,"gmtModify":1704349396931,"author":{"id":"3574395786439720","authorId":"3574395786439720","name":"HuatHuat88","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574395786439720","authorIdStr":"3574395786439720"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/MARA\">$Marathon Digital Holdings Inc(MARA)$</a>bitcoin crash already die liao ?","listText":"<a href=\"https://laohu8.com/S/MARA\">$Marathon Digital Holdings Inc(MARA)$</a>bitcoin crash already die liao ?","text":"$Marathon Digital Holdings Inc(MARA)$bitcoin crash already die liao ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/191137641","isVote":1,"tweetType":1,"viewCount":309,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":108933475,"gmtCreate":1619973202397,"gmtModify":1704336901264,"author":{"id":"3574395786439720","authorId":"3574395786439720","name":"HuatHuat88","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574395786439720","authorIdStr":"3574395786439720"},"themes":[],"htmlText":"Heheheha","listText":"Heheheha","text":"Heheheha","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/108933475","repostId":"2132603015","repostType":4,"repost":{"id":"2132603015","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":1619872075,"share":"https://ttm.financial/m/news/2132603015?lang=&edition=fundamental","pubTime":"2021-05-01 20:27","market":"us","language":"en","title":"Berkshire Hathaway Q1 Earnings Here！","url":"https://stock-news.laohu8.com/highlight/detail?id=2132603015","media":"Reuters","summary":"May 1 (Reuters) - Berkshire Hathaway Inc   :Full report here！* Q1 NET EARNINGS ATTRIBUTABLE TO BERKS","content":"<p>May 1 (Reuters) - Berkshire Hathaway Inc   :</p><p><a href=\"https://www.berkshirehathaway.com/qtrly/1stqtr21.pdf\" target=\"_blank\">Full report here！</a></p><p>* Q1 NET EARNINGS ATTRIBUTABLE TO BERKSHIRE SHAREHOLDERS $11.71 BILLION VERSUS YEAR-EARLIER $49.75 BILLION LOSS</p><p>* Q1 OPERATING EARNINGS $7.02 BILLION VERSUS $5.87 BILLION</p><p>* Q1 NET EARNINGS PER AVERAGE EQUIVALENT CLASS A SHARE $7,638</p><p>* Q1 NET EARNINGS FROM INVESTMENT AND DERIVATIVE GAINS $4.69 BILLION VERSUS YEAR-EARLIER $55.62 BILLION NET LOSS</p><p>* AT MARCH 31, 2021, INSURANCE FLOAT WAS ABOUT $140 BILLION, INCREASE OF ABOUT $2 BILLION SINCE YEAREND 2020</p><p>* ABOUT $6.6 BILLION WAS USED TO PURCHASE SHARES OF CLASS A AND CLASS B COMMON STOCK DURING THE FIRST QUARTER OF 2021</p><p>Source text for Eikon:    Further company coverage:</p><p><a href=\"https://www.berkshirehathaway.com/qtrly/1stqtr21.pdf\" target=\"_blank\">Full article of Berkshire Hathaway Q1 report</a></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>Berkshire Hathaway Q1 Earnings Here！</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 Q1 Earnings Here！\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\">2021-05-01 20:27</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>May 1 (Reuters) - Berkshire Hathaway Inc   :</p><p><a href=\"https://www.berkshirehathaway.com/qtrly/1stqtr21.pdf\" target=\"_blank\">Full report here！</a></p><p>* Q1 NET EARNINGS ATTRIBUTABLE TO BERKSHIRE SHAREHOLDERS $11.71 BILLION VERSUS YEAR-EARLIER $49.75 BILLION LOSS</p><p>* Q1 OPERATING EARNINGS $7.02 BILLION VERSUS $5.87 BILLION</p><p>* Q1 NET EARNINGS PER AVERAGE EQUIVALENT CLASS A SHARE $7,638</p><p>* Q1 NET EARNINGS FROM INVESTMENT AND DERIVATIVE GAINS $4.69 BILLION VERSUS YEAR-EARLIER $55.62 BILLION NET LOSS</p><p>* AT MARCH 31, 2021, INSURANCE FLOAT WAS ABOUT $140 BILLION, INCREASE OF ABOUT $2 BILLION SINCE YEAREND 2020</p><p>* ABOUT $6.6 BILLION WAS USED TO PURCHASE SHARES OF CLASS A AND CLASS B COMMON STOCK DURING THE FIRST QUARTER OF 2021</p><p>Source text for Eikon:    Further company coverage:</p><p><a href=\"https://www.berkshirehathaway.com/qtrly/1stqtr21.pdf\" target=\"_blank\">Full article of Berkshire Hathaway Q1 report</a></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.B":"伯克希尔B","BRK.A":"伯克希尔"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2132603015","content_text":"May 1 (Reuters) - Berkshire Hathaway Inc   :Full report here！* Q1 NET EARNINGS ATTRIBUTABLE TO BERKSHIRE SHAREHOLDERS $11.71 BILLION VERSUS YEAR-EARLIER $49.75 BILLION LOSS* Q1 OPERATING EARNINGS $7.02 BILLION VERSUS $5.87 BILLION* Q1 NET EARNINGS PER AVERAGE EQUIVALENT CLASS A SHARE $7,638* Q1 NET EARNINGS FROM INVESTMENT AND DERIVATIVE GAINS $4.69 BILLION VERSUS YEAR-EARLIER $55.62 BILLION NET LOSS* AT MARCH 31, 2021, INSURANCE FLOAT WAS ABOUT $140 BILLION, INCREASE OF ABOUT $2 BILLION SINCE YEAREND 2020* ABOUT $6.6 BILLION WAS USED TO PURCHASE SHARES OF CLASS A AND CLASS B COMMON STOCK DURING THE FIRST QUARTER OF 2021Source text for Eikon:    Further company coverage:Full article of Berkshire Hathaway Q1 report","news_type":1},"isVote":1,"tweetType":1,"viewCount":46,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":361673957,"gmtCreate":1614233324879,"gmtModify":1704889948590,"author":{"id":"3574395786439720","authorId":"3574395786439720","name":"HuatHuat88","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574395786439720","authorIdStr":"3574395786439720"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/361673957","repostId":"1188513297","repostType":4,"repost":{"id":"1188513297","kind":"news","pubTimestamp":1614233019,"share":"https://ttm.financial/m/news/1188513297?lang=&edition=fundamental","pubTime":"2021-02-25 14:03","market":"us","language":"en","title":"Growth Stocks Have Been on Sale. Why Buying the Dip Makes Sense.","url":"https://stock-news.laohu8.com/highlight/detail?id=1188513297","media":"Barrons","summary":"Growth stocks have gotten hit hard, but this looks like a buying opportunity.\nSince its 2021 peak in","content":"<p>Growth stocks have gotten hit hard, but this looks like a buying opportunity.</p>\n<p>Since its 2021 peak in early February, theRussell Growth 2000,an index of smaller capitalization growth stocks, is down more than 5%. TheVanguard S&amp;P 500 Growth Index Fund ETF(VOOG) is down about 4% from its yearly peak hit around the same time.</p>\n<p>Rising interest rates have done most of the damage, with the 10-year Treasury yield up to as high as 1.41% Wednesday from 1.1% in early February. Higher rates erode the value of future cash flows, but more so for growth companies than for more mature businesses because growth firms expect to see a large share of their profits come farther down the line. Smaller, less profitable names are most sensitive because they are largely less profitable at present.</p>\n<p>There’s plenty of backbone to the buy-the-dip argument.</p>\n<p>Growth stocks bounced off of their intraday low Tuesday morning as Federal Reserve Chairman Jerome Powell spoke.Powell emphasized the Fed’s policy to keep interest rates lowfor as long as the economy needs, as the recovery is not yet fully through. Interest rates backed off of their general rise and right on cue, the Russell 2000 Growth Index jumped a few percentage points from its low on the day. “Growth/momentum rebounded sharply following Fed Chair Powell’s testimony yesterday morning,” Chris Senyek, chief investment strategist at Wolfe Research wrote in a Wednesday note. So if rates calm down, growth stocks may very well resume rising.</p>\n<p>Powell’s comments matter. Rates may not exhibit too many fast jumps on an ongoing basis. “The Fed’s extreme dovishness persists—buy liquidity beneficiaries,” Senyeck wrote. Simply put, Senyeck recommends buying stocks that benefit when rates are low and liquidity, which often means the easy availability of money, is flowing. That’s against theWall Street consensus viewthat rates are on a sustainable path higher, as inflation and economic demand strengthen. Powell must remind that the Fed is committed to its current policies that support low rates, butinvestors are preparing for the Fed to alter its position at some point within the next year or so. Higher rates will likely remain a pressure point for growth valuations.</p>\n<p>Still, there’s a silver lining in favor of the call for growth stocks. Sure, valuation pressure may persist, but sales and earnings growth is the other side of the equation—and those look strong. So whilemultiples on those near-term results may have limited upside, the results, themselves may impress.Okta(OKTA), for example, a $34 billion by market cap provider of business data management, is expected to see sales grow by more than two-thirds over the next 3 years, while turning profitable by 2023, according to FactSet data. The stock is down almost 10% from its 2021 peak hit in February. It does trade at a rich 41 times 2021 sales estimates and may see more pressure on that multiple.</p>\n<p>Keep watching the dance between valuations and near-term profits.</p>","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>Growth Stocks Have Been on Sale. Why Buying the Dip Makes Sense.</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\">\nGrowth Stocks Have Been on Sale. Why Buying the Dip Makes Sense.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-25 14:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/why-buying-the-dip-in-growth-stock-prices-makes-sense-51614214694?mod=hp_LEADSUPP_3><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Growth stocks have gotten hit hard, but this looks like a buying opportunity.\nSince its 2021 peak in early February, theRussell Growth 2000,an index of smaller capitalization growth stocks, is down ...</p>\n\n<a href=\"https://www.barrons.com/articles/why-buying-the-dip-in-growth-stock-prices-makes-sense-51614214694?mod=hp_LEADSUPP_3\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.barrons.com/articles/why-buying-the-dip-in-growth-stock-prices-makes-sense-51614214694?mod=hp_LEADSUPP_3","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188513297","content_text":"Growth stocks have gotten hit hard, but this looks like a buying opportunity.\nSince its 2021 peak in early February, theRussell Growth 2000,an index of smaller capitalization growth stocks, is down more than 5%. TheVanguard S&P 500 Growth Index Fund ETF(VOOG) is down about 4% from its yearly peak hit around the same time.\nRising interest rates have done most of the damage, with the 10-year Treasury yield up to as high as 1.41% Wednesday from 1.1% in early February. Higher rates erode the value of future cash flows, but more so for growth companies than for more mature businesses because growth firms expect to see a large share of their profits come farther down the line. Smaller, less profitable names are most sensitive because they are largely less profitable at present.\nThere’s plenty of backbone to the buy-the-dip argument.\nGrowth stocks bounced off of their intraday low Tuesday morning as Federal Reserve Chairman Jerome Powell spoke.Powell emphasized the Fed’s policy to keep interest rates lowfor as long as the economy needs, as the recovery is not yet fully through. Interest rates backed off of their general rise and right on cue, the Russell 2000 Growth Index jumped a few percentage points from its low on the day. “Growth/momentum rebounded sharply following Fed Chair Powell’s testimony yesterday morning,” Chris Senyek, chief investment strategist at Wolfe Research wrote in a Wednesday note. So if rates calm down, growth stocks may very well resume rising.\nPowell’s comments matter. Rates may not exhibit too many fast jumps on an ongoing basis. “The Fed’s extreme dovishness persists—buy liquidity beneficiaries,” Senyeck wrote. Simply put, Senyeck recommends buying stocks that benefit when rates are low and liquidity, which often means the easy availability of money, is flowing. That’s against theWall Street consensus viewthat rates are on a sustainable path higher, as inflation and economic demand strengthen. Powell must remind that the Fed is committed to its current policies that support low rates, butinvestors are preparing for the Fed to alter its position at some point within the next year or so. Higher rates will likely remain a pressure point for growth valuations.\nStill, there’s a silver lining in favor of the call for growth stocks. Sure, valuation pressure may persist, but sales and earnings growth is the other side of the equation—and those look strong. So whilemultiples on those near-term results may have limited upside, the results, themselves may impress.Okta(OKTA), for example, a $34 billion by market cap provider of business data management, is expected to see sales grow by more than two-thirds over the next 3 years, while turning profitable by 2023, according to FactSet data. The stock is down almost 10% from its 2021 peak hit in February. It does trade at a rich 41 times 2021 sales estimates and may see more pressure on that multiple.\nKeep watching the dance between valuations and near-term profits.","news_type":1},"isVote":1,"tweetType":1,"viewCount":34,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9032839249,"gmtCreate":1647322270407,"gmtModify":1676534216541,"author":{"id":"3574395786439720","authorId":"3574395786439720","name":"HuatHuat88","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574395786439720","authorIdStr":"3574395786439720"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/01810\">$XIAOMI-W(01810)$</a>just every month set aside 20-30 percent of your salary and buy. Long term investment 👍","listText":"<a href=\"https://ttm.financial/S/01810\">$XIAOMI-W(01810)$</a>just every month set aside 20-30 percent of your salary and buy. Long term investment 👍","text":"$XIAOMI-W(01810)$just every month set aside 20-30 percent of your salary and buy. Long term investment 👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9032839249","isVote":1,"tweetType":1,"viewCount":565,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}