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2021-06-04

Nice

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2021-06-04

Greatt

Can Higher Oil Prices Boost EV Sales? Maybe.

2021-06-04

N

Toplines Before US Market Open on Friday

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21:03","market":"us","language":"en","title":"Can Higher Oil Prices Boost EV Sales? Maybe.","url":"https://stock-news.laohu8.com/highlight/detail?id=1122646159","media":"Barrons","summary":"Higher oil prices—back when electric vehicles were new and investors had never seen triple-digit oil","content":"<p>Higher oil prices—back when electric vehicles were new and investors had never seen triple-digit oil prices—were once a bullish boon for both EV sales and EV manufacturers’ stock prices.</p>\n<p>That line of thinking fell out of favor as the EV industry matured. Consider Tesla (TSLA): the EV maker’s stock fell almost 12% in May, the same month the Colonial Pipeline was hacked, disrupting gasoline supplies, and oil prices rose more than 4%.</p>\n<p>However, as oil prices climb&nbsp;higher this year and continue to do so—oil prices are up another 3.7% in June—one Wall Street analyst is dusting off the old EV-oil trading playbook.</p>\n<p>Why oil prices helped EV stocks isn’t hard to grasp. EVs are more expensive to purchase up-front than gasoline-powered automobiles. Rechargeable lithium ion batteries are far more expensive than gas tanks.&nbsp;However,&nbsp;it costs less to charge the batteries than to fill a gas tank<b>.</b>&nbsp;And higher oil prices mean higher gasoline prices, which could drive consumers into EVs.</p>\n<p>Higher oil prices helped boost Toyota Prius sales, which went from averaging roughly 140,000 a year in 2009 and 2010 to 240,000 between 2011 and 2013. Back then, oil prices averaged roughly $70 a barrel from 2009 to 2010, when Prius sales were averaging the lower number. Oil averaged roughly $95 a barrel from 2011 to 2013—the same time Prius sales increased.</p>\n<p>That’s one example, but the oil price/EV sale trade has broken down in recent years. Don’t forget, oil prices dropped in 2020 while Tesla sales hit a record of about 500,00 units.</p>\n<p>Morgan Stanley analyst&nbsp;Adam Jonas&nbsp;thinks a linkage between oil and EVs may reappear. He pointed out in a Wednesday report that higher oil prices make EVs relatively more attractive. That much is obvious, but he also thinks prices won’t lead governments to relax drilling restrictions or invest in refining capacity to drive down oil prices. Instead, Jonas believes, higher oil prices will accelerate government support for EVs. That’s important, but the biggest boost to the EV sector will come when EVs cost the same as gasoline-powered cars—something Jonas says could happen as soon as “mid-decade.”</p>\n<p>Jonas’ preferred stocks to play the EV trend are&nbsp;General Motors (GM),Aptiv(APTV) and Tesla, all of which he rates Buy. Jonas also calls EV startup&nbsp;Fisker(FSR) his sleeper EV pick. And battery startup&nbsp;QuantumScape(QS) his “battery biotech” pick.</p>\n<p>Biotech stocks tend to have binary outcomes. They have big upside if drugs work and big downside is they don’t. That is how he thinks about Quantum: It is pioneering new battery technology that promises higher performance and lower costs. If it works, investors will be rewarded, but the company is years away from commercialization. Both Fisker and QuantumScape are Buy-rated, as well.</p>\n<p>His quintet of stocks has had a mixed year. General Motors and Aptiv have outperformed the&nbsp;S&amp;P 500&nbsp;and&nbsp;Dow Jones Industrial Average.The EV pure-play stocks—Tesla, Fisker and QuantumScape—have all lagged the broader market.</p>\n<p>GM and Aptiv stocks are up 52% and 20% year to date, respectively. Fisker stock has risen about 9%. Meanwhile, Tesla and QuantumScape shares are down 19% and 66%, respectively.</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>Can Higher Oil Prices Boost EV Sales? Maybe.</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\">\nCan Higher Oil Prices Boost EV Sales? Maybe.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-04 21:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/can-higher-oil-prices-boost-ev-sales-maybe-51622809621?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Higher oil prices—back when electric vehicles were new and investors had never seen triple-digit oil prices—were once a bullish boon for both EV sales and EV manufacturers’ stock prices.\nThat line of ...</p>\n\n<a href=\"https://www.barrons.com/articles/can-higher-oil-prices-boost-ev-sales-maybe-51622809621?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GM":"通用汽车","APTV":"Aptiv PLC","FSR":"菲斯克","TSLA":"特斯拉","QS":"Quantumscape Corp."},"source_url":"https://www.barrons.com/articles/can-higher-oil-prices-boost-ev-sales-maybe-51622809621?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122646159","content_text":"Higher oil prices—back when electric vehicles were new and investors had never seen triple-digit oil prices—were once a bullish boon for both EV sales and EV manufacturers’ stock prices.\nThat line of thinking fell out of favor as the EV industry matured. Consider Tesla (TSLA): the EV maker’s stock fell almost 12% in May, the same month the Colonial Pipeline was hacked, disrupting gasoline supplies, and oil prices rose more than 4%.\nHowever, as oil prices climb higher this year and continue to do so—oil prices are up another 3.7% in June—one Wall Street analyst is dusting off the old EV-oil trading playbook.\nWhy oil prices helped EV stocks isn’t hard to grasp. EVs are more expensive to purchase up-front than gasoline-powered automobiles. Rechargeable lithium ion batteries are far more expensive than gas tanks. However, it costs less to charge the batteries than to fill a gas tank. And higher oil prices mean higher gasoline prices, which could drive consumers into EVs.\nHigher oil prices helped boost Toyota Prius sales, which went from averaging roughly 140,000 a year in 2009 and 2010 to 240,000 between 2011 and 2013. Back then, oil prices averaged roughly $70 a barrel from 2009 to 2010, when Prius sales were averaging the lower number. Oil averaged roughly $95 a barrel from 2011 to 2013—the same time Prius sales increased.\nThat’s one example, but the oil price/EV sale trade has broken down in recent years. Don’t forget, oil prices dropped in 2020 while Tesla sales hit a record of about 500,00 units.\nMorgan Stanley analyst Adam Jonas thinks a linkage between oil and EVs may reappear. He pointed out in a Wednesday report that higher oil prices make EVs relatively more attractive. That much is obvious, but he also thinks prices won’t lead governments to relax drilling restrictions or invest in refining capacity to drive down oil prices. Instead, Jonas believes, higher oil prices will accelerate government support for EVs. That’s important, but the biggest boost to the EV sector will come when EVs cost the same as gasoline-powered cars—something Jonas says could happen as soon as “mid-decade.”\nJonas’ preferred stocks to play the EV trend are General Motors (GM),Aptiv(APTV) and Tesla, all of which he rates Buy. Jonas also calls EV startup Fisker(FSR) his sleeper EV pick. And battery startup QuantumScape(QS) his “battery biotech” pick.\nBiotech stocks tend to have binary outcomes. They have big upside if drugs work and big downside is they don’t. That is how he thinks about Quantum: It is pioneering new battery technology that promises higher performance and lower costs. If it works, investors will be rewarded, but the company is years away from commercialization. Both Fisker and QuantumScape are Buy-rated, as well.\nHis quintet of stocks has had a mixed year. General Motors and Aptiv have outperformed the S&P 500 and Dow Jones Industrial Average.The EV pure-play stocks—Tesla, Fisker and QuantumScape—have all lagged the broader market.\nGM and Aptiv stocks are up 52% and 20% year to date, respectively. Fisker stock has risen about 9%. Meanwhile, Tesla and QuantumScape shares are down 19% and 66%, respectively.","news_type":1},"isVote":1,"tweetType":1,"viewCount":204,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":116583763,"gmtCreate":1622811909352,"gmtModify":1704191630199,"author":{"id":"3574856705314352","authorId":"3574856705314352","name":"Joana","avatar":"https://static.tigerbbs.com/880f19051005b7f5bc8ca7070339a3e9","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574856705314352","authorIdStr":"3574856705314352"},"themes":[],"htmlText":"N","listText":"N","text":"N","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/116583763","repostId":"1195193532","repostType":4,"repost":{"id":"1195193532","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1622810046,"share":"https://ttm.financial/m/news/1195193532?lang=&edition=fundamental","pubTime":"2021-06-04 20:34","market":"us","language":"en","title":"Toplines Before US Market Open on Friday","url":"https://stock-news.laohu8.com/highlight/detail?id=1195193532","media":"Tiger Newspress","summary":"U.S. Futures, Treasuries Rise After Hiring DataAMC, BlackBerry shares slip as ‘meme stock’ rally fiz","content":"<ul><li>U.S. Futures, Treasuries Rise After Hiring Data</li></ul><ul><li>AMC, BlackBerry shares slip as ‘meme stock’ rally fizzles out</li></ul><p>U.S. futures pushed higher and Treasuries rose after May’s jobs report fell short of estimates.</p><p>At 8:34 a.m. ET, Dow e-minis were down 20 points, or 0.06%, S&amp;P 500 e-minis were up 4 points, or 0.1%, and Nasdaq 100 e-minis were up 18.25 points, or 0.13%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f079f3ba2e3fb8715dbae128358eb5c3\" tg-width=\"1080\" tg-height=\"416\" referrerpolicy=\"no-referrer\"><span>*Source From Tiger Trade, EST 08:34</span></p><p>Job creation disappointed again in May, with nonfarm payrolls up a solid 559,000 but still short of lofty expectations.</p><p>Payrolls were expected to increase by 671,000, according to economists surveyed by Dow Jones.</p><p>The unemployment rate fell to 5.8% from 6.1%, which was better than the estimate of 5.9%.</p><p>May's letdown came after April sharply undershot expectations, with the upwardly revised 278,000 still well short of the initial 1 million estimate that came with high hopes for an economy trying to shake loose its pandemic shackles.</p><p><b>Stocks making the biggest moves in the premarket:</b></p><p><b>AMC Entertainment&nbsp;(AMC)</b> – AMC fell 7.7% in the premarket, following the movie theater operator’s second share sale in a week to raise money. The stock had fallen almost 18% Thursday after announcing the sale, which had followed a 95% rise Wednesday and a nearly 23% gain Tuesday.</p><p><b>Bed Bath &amp; Beyond&nbsp;(BBBY)</b> – Bank of America Securities moved to a “no rating” on the housewares retailer, an unusual move that reflects the firm’s belief that the so-called “meme stock” is no longer trading on fundamentals. The firm also dropped coverage on&nbsp;<b>GameStop&nbsp;(GME)</b> for similar reasons, saying the videogame retailer’s stock is trading on non-fundamental factors. GameStop fell 1.4% in premarket trading, while Bed Bath &amp; Beyond was little changed.Shares of <b>Koss Corp&nbsp;(KOSS)</b>&nbsp;and&nbsp;<b>BlackBerry(BB)</b>&nbsp;dropped between 1% and 5%.</p><p><b>Facebook&nbsp;(FB) </b>–&nbsp;Europe and Britain launched formal antitrust investigations into Facebook&nbsp;on Friday to determine if the world's largest social network is using customers' data to unfairly compete with advertisers, in a new threat to its business model.Facebook Inc&nbsp;dropped 0.3%&nbsp;in premarket trading.</p><p><b>Lululemon&nbsp;(LULU)</b> – The athletic apparel and casualwear retailer reported quarterly earnings of $1.16 per share, compared to a consensus estimate of 91 cents a share. Revenue also exceeded forecasts, as Lululemon benefited from both a return by customers to physical locations as well as a jump in e-commerce sales. It also gave an upbeat forecast.</p><p><b>CrowdStrike&nbsp;(CRWD)</b> – The cybersecurity company beat Wall Street forecasts by 4 cents a share, with quarterly earnings of 10 cents per share. Revenue also topped analysts’ forecasts as CrowdStrike added more than 1,500 net new subscription customers.</p><p><b>Broadcom&nbsp;(AVGO)</b> – The chip maker beat estimates by 19 cents a share, with quarterly profit of $6.62 per share. Revenue came in slightly above forecasts. Broadcom also gave a better-than-expected outlook, helped by the ongoing adoption of 5G technology.</p><p><b>DocuSign&nbsp;(DOCU) </b>– DocuSign shares rallied 6.8% in premarket trading after the company beat Wall Street forecasts by 16 cents a share, with quarterly earnings of 44 cents per share. Revenue also beat estimates, and DocuSign gave an upbeat outlook as more companies adopt its electronic signature technology.</p><p><b>Five Below</b>&nbsp;<b>(FIVE) </b>– Shares of the discount retailer jumped 5.7% in the premarket, after first-quarter profit and revenue comfortably exceeded Street forecasts. Comparable-store sales surged 162% compared to the same quarter a year ago.</p><p><b>MongoDB&nbsp;(MDB)</b> – The database platform provider lost 15 cents per share for its latest quarter, less than half of the 37 cents a share loss expected by analysts. Revenue also exceeded estimates as subscription sales jumped 40%, and the company forecast a lower-than-expected full-year loss. The stock surged 6.2% in premarket action.</p><p><b>ChargePoint&nbsp;(CHPT) </b>– The electric vehicle charging network’s stock rose 1.1% in the premarket, despite reporting a wider-than-expected loss for its latest quarter. Its revenue beat Wall Street forecasts, however, and ChargePoint also held to its prior 2021 revenue outlook. Shares rose 2% in the premarket.</p><p><b>Zumiez&nbsp;(ZUMZ) </b>– The seller of apparel, footwear and athletic equipment gained 5% in premarket trading, after Zumiez surged past Wall Street’s consensus 4 cents a share estimate with first-quarter profit of $1.03 per share. Revenue also beat forecasts, with the company saying its business has recovered beyond pre-pandemic levels.</p><p><b>Asana&nbsp;(ASAN)</b> – The maker of collaboration software saw its stock rally 8.6% in the premarket after it reported a smaller-than-expected quarterly loss while its revenue and outlook beat consensus estimates.</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>Toplines Before US Market Open on Friday</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\">\nToplines Before US Market Open on Friday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-06-04 20:34</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul><li>U.S. Futures, Treasuries Rise After Hiring Data</li></ul><ul><li>AMC, BlackBerry shares slip as ‘meme stock’ rally fizzles out</li></ul><p>U.S. futures pushed higher and Treasuries rose after May’s jobs report fell short of estimates.</p><p>At 8:34 a.m. ET, Dow e-minis were down 20 points, or 0.06%, S&amp;P 500 e-minis were up 4 points, or 0.1%, and Nasdaq 100 e-minis were up 18.25 points, or 0.13%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f079f3ba2e3fb8715dbae128358eb5c3\" tg-width=\"1080\" tg-height=\"416\" referrerpolicy=\"no-referrer\"><span>*Source From Tiger Trade, EST 08:34</span></p><p>Job creation disappointed again in May, with nonfarm payrolls up a solid 559,000 but still short of lofty expectations.</p><p>Payrolls were expected to increase by 671,000, according to economists surveyed by Dow Jones.</p><p>The unemployment rate fell to 5.8% from 6.1%, which was better than the estimate of 5.9%.</p><p>May's letdown came after April sharply undershot expectations, with the upwardly revised 278,000 still well short of the initial 1 million estimate that came with high hopes for an economy trying to shake loose its pandemic shackles.</p><p><b>Stocks making the biggest moves in the premarket:</b></p><p><b>AMC Entertainment&nbsp;(AMC)</b> – AMC fell 7.7% in the premarket, following the movie theater operator’s second share sale in a week to raise money. The stock had fallen almost 18% Thursday after announcing the sale, which had followed a 95% rise Wednesday and a nearly 23% gain Tuesday.</p><p><b>Bed Bath &amp; Beyond&nbsp;(BBBY)</b> – Bank of America Securities moved to a “no rating” on the housewares retailer, an unusual move that reflects the firm’s belief that the so-called “meme stock” is no longer trading on fundamentals. The firm also dropped coverage on&nbsp;<b>GameStop&nbsp;(GME)</b> for similar reasons, saying the videogame retailer’s stock is trading on non-fundamental factors. GameStop fell 1.4% in premarket trading, while Bed Bath &amp; Beyond was little changed.Shares of <b>Koss Corp&nbsp;(KOSS)</b>&nbsp;and&nbsp;<b>BlackBerry(BB)</b>&nbsp;dropped between 1% and 5%.</p><p><b>Facebook&nbsp;(FB) </b>–&nbsp;Europe and Britain launched formal antitrust investigations into Facebook&nbsp;on Friday to determine if the world's largest social network is using customers' data to unfairly compete with advertisers, in a new threat to its business model.Facebook Inc&nbsp;dropped 0.3%&nbsp;in premarket trading.</p><p><b>Lululemon&nbsp;(LULU)</b> – The athletic apparel and casualwear retailer reported quarterly earnings of $1.16 per share, compared to a consensus estimate of 91 cents a share. Revenue also exceeded forecasts, as Lululemon benefited from both a return by customers to physical locations as well as a jump in e-commerce sales. It also gave an upbeat forecast.</p><p><b>CrowdStrike&nbsp;(CRWD)</b> – The cybersecurity company beat Wall Street forecasts by 4 cents a share, with quarterly earnings of 10 cents per share. Revenue also topped analysts’ forecasts as CrowdStrike added more than 1,500 net new subscription customers.</p><p><b>Broadcom&nbsp;(AVGO)</b> – The chip maker beat estimates by 19 cents a share, with quarterly profit of $6.62 per share. Revenue came in slightly above forecasts. Broadcom also gave a better-than-expected outlook, helped by the ongoing adoption of 5G technology.</p><p><b>DocuSign&nbsp;(DOCU) </b>– DocuSign shares rallied 6.8% in premarket trading after the company beat Wall Street forecasts by 16 cents a share, with quarterly earnings of 44 cents per share. Revenue also beat estimates, and DocuSign gave an upbeat outlook as more companies adopt its electronic signature technology.</p><p><b>Five Below</b>&nbsp;<b>(FIVE) </b>– Shares of the discount retailer jumped 5.7% in the premarket, after first-quarter profit and revenue comfortably exceeded Street forecasts. Comparable-store sales surged 162% compared to the same quarter a year ago.</p><p><b>MongoDB&nbsp;(MDB)</b> – The database platform provider lost 15 cents per share for its latest quarter, less than half of the 37 cents a share loss expected by analysts. Revenue also exceeded estimates as subscription sales jumped 40%, and the company forecast a lower-than-expected full-year loss. The stock surged 6.2% in premarket action.</p><p><b>ChargePoint&nbsp;(CHPT) </b>– The electric vehicle charging network’s stock rose 1.1% in the premarket, despite reporting a wider-than-expected loss for its latest quarter. Its revenue beat Wall Street forecasts, however, and ChargePoint also held to its prior 2021 revenue outlook. Shares rose 2% in the premarket.</p><p><b>Zumiez&nbsp;(ZUMZ) </b>– The seller of apparel, footwear and athletic equipment gained 5% in premarket trading, after Zumiez surged past Wall Street’s consensus 4 cents a share estimate with first-quarter profit of $1.03 per share. Revenue also beat forecasts, with the company saying its business has recovered beyond pre-pandemic levels.</p><p><b>Asana&nbsp;(ASAN)</b> – The maker of collaboration software saw its stock rally 8.6% in the premarket after it reported a smaller-than-expected quarterly loss while its revenue and outlook beat consensus estimates.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线","BBBY":"3B家居",".DJI":"道琼斯","BB":"黑莓","CRWD":"CrowdStrike Holdings, Inc.","GME":"游戏驿站","AVGO":"博通","LULU":"lululemon athletica",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1195193532","content_text":"U.S. Futures, Treasuries Rise After Hiring DataAMC, BlackBerry shares slip as ‘meme stock’ rally fizzles outU.S. futures pushed higher and Treasuries rose after May’s jobs report fell short of estimates.At 8:34 a.m. ET, Dow e-minis were down 20 points, or 0.06%, S&P 500 e-minis were up 4 points, or 0.1%, and Nasdaq 100 e-minis were up 18.25 points, or 0.13%.*Source From Tiger Trade, EST 08:34Job creation disappointed again in May, with nonfarm payrolls up a solid 559,000 but still short of lofty expectations.Payrolls were expected to increase by 671,000, according to economists surveyed by Dow Jones.The unemployment rate fell to 5.8% from 6.1%, which was better than the estimate of 5.9%.May's letdown came after April sharply undershot expectations, with the upwardly revised 278,000 still well short of the initial 1 million estimate that came with high hopes for an economy trying to shake loose its pandemic shackles.Stocks making the biggest moves in the premarket:AMC Entertainment (AMC) – AMC fell 7.7% in the premarket, following the movie theater operator’s second share sale in a week to raise money. The stock had fallen almost 18% Thursday after announcing the sale, which had followed a 95% rise Wednesday and a nearly 23% gain Tuesday.Bed Bath & Beyond (BBBY) – Bank of America Securities moved to a “no rating” on the housewares retailer, an unusual move that reflects the firm’s belief that the so-called “meme stock” is no longer trading on fundamentals. The firm also dropped coverage on GameStop (GME) for similar reasons, saying the videogame retailer’s stock is trading on non-fundamental factors. GameStop fell 1.4% in premarket trading, while Bed Bath & Beyond was little changed.Shares of Koss Corp (KOSS) and BlackBerry(BB) dropped between 1% and 5%.Facebook (FB) – Europe and Britain launched formal antitrust investigations into Facebook on Friday to determine if the world's largest social network is using customers' data to unfairly compete with advertisers, in a new threat to its business model.Facebook Inc dropped 0.3% in premarket trading.Lululemon (LULU) – The athletic apparel and casualwear retailer reported quarterly earnings of $1.16 per share, compared to a consensus estimate of 91 cents a share. Revenue also exceeded forecasts, as Lululemon benefited from both a return by customers to physical locations as well as a jump in e-commerce sales. It also gave an upbeat forecast.CrowdStrike (CRWD) – The cybersecurity company beat Wall Street forecasts by 4 cents a share, with quarterly earnings of 10 cents per share. Revenue also topped analysts’ forecasts as CrowdStrike added more than 1,500 net new subscription customers.Broadcom (AVGO) – The chip maker beat estimates by 19 cents a share, with quarterly profit of $6.62 per share. Revenue came in slightly above forecasts. Broadcom also gave a better-than-expected outlook, helped by the ongoing adoption of 5G technology.DocuSign (DOCU) – DocuSign shares rallied 6.8% in premarket trading after the company beat Wall Street forecasts by 16 cents a share, with quarterly earnings of 44 cents per share. Revenue also beat estimates, and DocuSign gave an upbeat outlook as more companies adopt its electronic signature technology.Five Below (FIVE) – Shares of the discount retailer jumped 5.7% in the premarket, after first-quarter profit and revenue comfortably exceeded Street forecasts. Comparable-store sales surged 162% compared to the same quarter a year ago.MongoDB (MDB) – The database platform provider lost 15 cents per share for its latest quarter, less than half of the 37 cents a share loss expected by analysts. Revenue also exceeded estimates as subscription sales jumped 40%, and the company forecast a lower-than-expected full-year loss. The stock surged 6.2% in premarket action.ChargePoint (CHPT) – The electric vehicle charging network’s stock rose 1.1% in the premarket, despite reporting a wider-than-expected loss for its latest quarter. Its revenue beat Wall Street forecasts, however, and ChargePoint also held to its prior 2021 revenue outlook. Shares rose 2% in the premarket.Zumiez (ZUMZ) – The seller of apparel, footwear and athletic equipment gained 5% in premarket trading, after Zumiez surged past Wall Street’s consensus 4 cents a share estimate with first-quarter profit of $1.03 per share. Revenue also beat forecasts, with the company saying its business has recovered beyond pre-pandemic levels.Asana (ASAN) – The maker of collaboration software saw its stock rally 8.6% in the premarket after it reported a smaller-than-expected quarterly loss while its revenue and outlook beat consensus estimates.","news_type":1},"isVote":1,"tweetType":1,"viewCount":110,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":116581430,"gmtCreate":1622812032820,"gmtModify":1704191631518,"author":{"id":"3574856705314352","authorId":"3574856705314352","name":"Joana","avatar":"https://static.tigerbbs.com/880f19051005b7f5bc8ca7070339a3e9","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574856705314352","authorIdStr":"3574856705314352"},"themes":[],"htmlText":"Greatt&nbsp;","listText":"Greatt&nbsp;","text":"Greatt","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/116581430","repostId":"1122646159","repostType":4,"isVote":1,"tweetType":1,"viewCount":204,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":116586355,"gmtCreate":1622812088777,"gmtModify":1704191633328,"author":{"id":"3574856705314352","authorId":"3574856705314352","name":"Joana","avatar":"https://static.tigerbbs.com/880f19051005b7f5bc8ca7070339a3e9","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574856705314352","authorIdStr":"3574856705314352"},"themes":[],"htmlText":"Nice&nbsp;","listText":"Nice&nbsp;","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/116586355","repostId":"1128582463","repostType":4,"repost":{"id":"1128582463","pubTimestamp":1622807539,"share":"https://ttm.financial/m/news/1128582463?lang=&edition=fundamental","pubTime":"2021-06-04 19:52","market":"us","language":"en","title":"Get Set for May’s Job Report. It’s Expected to Show Fastest Hiring Since August","url":"https://stock-news.laohu8.com/highlight/detail?id=1128582463","media":"Barrons","summary":"The May jobs report is expected to reflect the fastest hiring since August as companies juggle boomi","content":"<p>The May jobs report is expected to reflect the fastest hiring since August as companies juggle booming demand, easing business restrictions, and pockets of difficulty across the country in finding workers. The April report was expected to be strong, too, but it was a massive disappointment.</p>\n<p>There are two key questions we’re focused on heading into the report. First, by how much did generous unemployment benefits, ongoing child-care issues, and Covid-19 concerns cap hiring during the month.Second, how fast did wages rise as companies struggle to attract help. The latter question is central to determining whether&nbsp;inflation that is running hot&nbsp;is already something more than transitory.</p>\n<p>Economists surveyed by FactSet predict an increase of 650,000 in nonfarm payrolls in May, up from April’s disappointing gain of 266,000. The unemployment rate is expected to have fallen to 5.9% from 6.1% as the participation rate edged up, a sign that the unemployment rate is falling for the right reasons.</p>\n<p>Wages, meanwhile, are expected to have risen 0.2% from April after surging 0.7% a month earlier. On a year-over-year basis, that would translate to a 1.6% rate. We note the average hourly earnings component of the monthly jobs report doesn’t include bonuses that many employers are offering to recruit workers.</p>\n<p>Check back after 8:30 a.m. for news and analysis.</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>Get Set for May’s Job Report. It’s Expected to Show Fastest Hiring Since August</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\">\nGet Set for May’s Job Report. It’s Expected to Show Fastest Hiring Since August\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-04 19:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/may-jobs-report-51622774516?mod=hp_LEAD_2><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The May jobs report is expected to reflect the fastest hiring since August as companies juggle booming demand, easing business restrictions, and pockets of difficulty across the country in finding ...</p>\n\n<a href=\"https://www.barrons.com/articles/may-jobs-report-51622774516?mod=hp_LEAD_2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.barrons.com/articles/may-jobs-report-51622774516?mod=hp_LEAD_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128582463","content_text":"The May jobs report is expected to reflect the fastest hiring since August as companies juggle booming demand, easing business restrictions, and pockets of difficulty across the country in finding workers. The April report was expected to be strong, too, but it was a massive disappointment.\nThere are two key questions we’re focused on heading into the report. First, by how much did generous unemployment benefits, ongoing child-care issues, and Covid-19 concerns cap hiring during the month.Second, how fast did wages rise as companies struggle to attract help. The latter question is central to determining whether inflation that is running hot is already something more than transitory.\nEconomists surveyed by FactSet predict an increase of 650,000 in nonfarm payrolls in May, up from April’s disappointing gain of 266,000. The unemployment rate is expected to have fallen to 5.9% from 6.1% as the participation rate edged up, a sign that the unemployment rate is falling for the right reasons.\nWages, meanwhile, are expected to have risen 0.2% from April after surging 0.7% a month earlier. On a year-over-year basis, that would translate to a 1.6% rate. We note the average hourly earnings component of the monthly jobs report doesn’t include bonuses that many employers are offering to recruit workers.\nCheck back after 8:30 a.m. for news and analysis.","news_type":1},"isVote":1,"tweetType":1,"viewCount":67,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":116583763,"gmtCreate":1622811909352,"gmtModify":1704191630199,"author":{"id":"3574856705314352","authorId":"3574856705314352","name":"Joana","avatar":"https://static.tigerbbs.com/880f19051005b7f5bc8ca7070339a3e9","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574856705314352","authorIdStr":"3574856705314352"},"themes":[],"htmlText":"N","listText":"N","text":"N","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/116583763","repostId":"1195193532","repostType":4,"isVote":1,"tweetType":1,"viewCount":110,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}