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2021-09-20

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Sorry, the original content has been removed

2021-09-15

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U.S. stocks close lower on worries over recovery, corporate tax hikes

2021-09-14

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EV Stocks dipped in Monday morning trading

2021-09-13

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Retail sales, Consumer Price Index: What to know this week

2021-09-09

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Here's a safer way to invest in bitcoin and blockchain technology

2021-09-07

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Toplines Before US Market Open on Tuesday

2021-09-05

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Beat the market with this quant system that’s very bullish on stocks at record highs

2021-09-04

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Sorry, the original content has been removed

2021-09-03

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Bitcoin may be clearing resistance at 3-month high; Ether rallies to $4K

2021-09-02

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Tech stocks send Nasdaq to fresh record close, boost S&P

2021-09-01

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Here's Why Skillz Stock Suddenly Spiked Today

2021-08-30

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August jobs report, Consumer confidence: What to know this week

2021-08-28

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Morgan Stanley Bought $240M Shares Of Grayscale Bitcoin Trust

2021-08-27

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Wall Street loses ground, snapping rally on Afghanistan, Fed concerns

2021-08-26

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Palantir glitch gave unauthorized FBI employees access to data - NY Post

2021-08-25

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Wall St extends rally, pushing S&P 500 to 50th all-time high close this year

2021-08-25

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Sorry, the original content has been removed

2021-08-24

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Citi Sued for Profiting From Fund’s Demise as Covid Struck

2021-08-23

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Fed's Jackson Hole Symposium, personal income and spending: What to know this week

2021-08-22

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Expect Fed tapering to start in November and look like this, says BofA Global

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[US/]</p>\n<p>The long expected corporate tax hikes, to 26.5% from 21% if Democrats prevail, are coming nearer to fruition with U.S. President Joe Biden’s $3.5 trillion budget package inching closer to passage.</p>\n<p>The Dow Jones Industrial Average fell 292.06 points, or 0.84%, to 34,577.57; the S&amp;P 500 lost 25.68 points, or 0.57%, at 4,443.05; and the Nasdaq Composite dropped 67.82 points, or 0.45%, to 15,037.76.</p>\n<p>All 11 major sectors in the S&amp;P 500 ended the session red, with energy and financials suffering the largest percentage drops.</p>\n<p>Apple Inc unveiled its iPhone 13 and added new features to its iPad and Apple Watch gadgets in its biggest product launch event of the year as the company faces increased scrutiny in the courts over its business practices. Its shares closed down 1.0% and were the heaviest drag on the S&amp;P 500 and the Nasdaq.</p>\n<p>Intuit Inc gained 1.9% following the TurboTax maker’s announcement that it would acquire digital marketing company Mailchimp for $12 billion.</p>\n<p>CureVac slid 8.0% after the German biotechnology company canceled manufacturing deals for its experimental COVID-19 vaccine.</p>\n<p>Declining issues outnumbered advancing ones on the NYSE by a 2.25-to-1 ratio; on Nasdaq, a 2.40-to-1 ratio favored decliners.</p>\n<p>The S&amp;P 500 posted two new 52-week highs and two new lows; the Nasdaq Composite recorded 50 new highs and 107 new lows.</p>\n<p>Volume on U.S. exchanges was 10.07 billion shares, compared with the 9.38 billion average over the last 20 trading days.</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 close lower on worries over recovery, corporate tax hikes</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; 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}\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 close lower on worries over recovery, corporate tax hikes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-15 07:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/usa-stocks/u-s-stocks-close-lower-on-worries-over-recovery-corporate-tax-hikes-idUSKBN2GA0W9><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (Reuters) - Wall Street lost ground on Tuesday as economic uncertainties and the increasing likelihood of a corporate tax rate hike dampened investor sentiment and prompted a broad sell-off ...</p>\n\n<a href=\"https://www.reuters.com/article/usa-stocks/u-s-stocks-close-lower-on-worries-over-recovery-corporate-tax-hikes-idUSKBN2GA0W9\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.reuters.com/article/usa-stocks/u-s-stocks-close-lower-on-worries-over-recovery-corporate-tax-hikes-idUSKBN2GA0W9","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148341685","content_text":"NEW YORK (Reuters) - Wall Street lost ground on Tuesday as economic uncertainties and the increasing likelihood of a corporate tax rate hike dampened investor sentiment and prompted a broad sell-off despite signs of easing inflation.\nOptimism faded throughout the session, reversing an initial rally following the Labor Department’s consumer price index report. All three major U.S. stock indexes ended in negative territory in a reminder that September is a historically rough month for stocks.\nSo far this month the S&P 500 is down nearly 1.8% even as the benchmark index has gained over 18% since the beginning of the year.\n“There is a possibility that the market is simply ready to go through an overdue correction,” said Sam Stovall, chief investment strategist at CFRA Research in New York. “From a seasonality perspective, September tends to be the window dressing period for fund managers.”\nThe advent of the highly contagious Delta COVID variant has driven an increase in bearish sentiment regarding the recovery from the global health crisis, and many now expect a substantial correction in stock markets by the end of the year.\n“We’re still in a corrective mode that people have been calling for months,” said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago. “Economic data points have been missing estimates, and that has coincided with the rise in the Delta variant.”\nThe CPI report delivered a lower-than-consensus August reading, a deceleration that supports Federal Reserve Chairman Jerome Powell’s assertion that spiking inflation is transitory and calms market fears that the central bank will begin tightening monetary policy sooner than expected.\nU.S. Treasury yields dropped on the data, which pressured financial stocks, and investor favor pivoted back to growth at the expense of value. [US/]\nThe long expected corporate tax hikes, to 26.5% from 21% if Democrats prevail, are coming nearer to fruition with U.S. President Joe Biden’s $3.5 trillion budget package inching closer to passage.\nThe Dow Jones Industrial Average fell 292.06 points, or 0.84%, to 34,577.57; the S&P 500 lost 25.68 points, or 0.57%, at 4,443.05; and the Nasdaq Composite dropped 67.82 points, or 0.45%, to 15,037.76.\nAll 11 major sectors in the S&P 500 ended the session red, with energy and financials suffering the largest percentage drops.\nApple Inc unveiled its iPhone 13 and added new features to its iPad and Apple Watch gadgets in its biggest product launch event of the year as the company faces increased scrutiny in the courts over its business practices. Its shares closed down 1.0% and were the heaviest drag on the S&P 500 and the Nasdaq.\nIntuit Inc gained 1.9% following the TurboTax maker’s announcement that it would acquire digital marketing company Mailchimp for $12 billion.\nCureVac slid 8.0% after the German biotechnology company canceled manufacturing deals for its experimental COVID-19 vaccine.\nDeclining issues outnumbered advancing ones on the NYSE by a 2.25-to-1 ratio; on Nasdaq, a 2.40-to-1 ratio favored decliners.\nThe S&P 500 posted two new 52-week highs and two new lows; the Nasdaq Composite recorded 50 new highs and 107 new lows.\nVolume on U.S. exchanges was 10.07 billion shares, compared with the 9.38 billion average over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":554,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":886682342,"gmtCreate":1631585866486,"gmtModify":1676530582703,"author":{"id":"3575084008680468","authorId":"3575084008680468","name":"Hb_","avatar":"https://static.tigerbbs.com/2e6b4bec98a0dbb1567834e4f467227b","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575084008680468","authorIdStr":"3575084008680468"},"themes":[],"htmlText":"W","listText":"W","text":"W","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/886682342","repostId":"1108674949","repostType":2,"repost":{"id":"1108674949","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1631540940,"share":"https://ttm.financial/m/news/1108674949?lang=&edition=fundamental","pubTime":"2021-09-13 21:49","market":"us","language":"en","title":"EV Stocks dipped in Monday morning trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1108674949","media":"Tiger Newspress","summary":"EV Stocks dipped in Monday morning trading.Tesla,Nio,Xpeng Motors and Li Auto fell between 2% and 3%.China has vowed to consolidate the country’s electric vehicle industry after a decade-long nurturing of the sector led to the emergence of too many players, some of which are barely viable.“Looking forward, EV companies should grow bigger and stronger. We have too many EV firms on the market right now,” Xiao Yaqing, the minister for industry and information technology, said at a press conference ","content":"<p>EV Stocks dipped in Monday morning trading.Tesla,Nio,Xpeng Motors and Li Auto&nbsp;fell&nbsp;between 2% and 3%.</p>\n<p><img src=\"https://static.tigerbbs.com/5e3c5a4dc4224ac668393170a00547fb\" tg-width=\"367\" tg-height=\"241\" referrerpolicy=\"no-referrer\"></p>\n<p>China has vowed to consolidate the country’s electric vehicle industry after a decade-long nurturing of the sector led to the emergence of too many players, some of which are barely viable.</p>\n<p>“Looking forward, EV companies should grow bigger and stronger. We have too many EV firms on the market right now,” Xiao Yaqing, the minister for industry and information technology, said at a press conference in Beijing on Monday.</p>\n<p>“The firms are mostly small and scattered,” he said. “The role of the market should be fully utilized and we encourage merger and restructuring efforts in the EV sector to further increase market concentration.”</p>\n<p>Shares of Chinese electric-vehicle makers fell Monday.Xpeng Inc.&nbsp;declined 2.3% in Hong Kong trading, and&nbsp;Li Auto Inc.&nbsp;dropped 1.4%. On mainland exchanges,BYD Co.&nbsp;slid 1.8% and&nbsp;BAIC BluePark New Energy Technology Co.&nbsp;slumped 4.6%.</p>\n<p>China, which built its electric-car industry into the world’s biggest, is putting a new focus on consolidating the ranks of EV makers which has ballooned to about 300. The government is drafting measures to rein in overcapacity in the sector and channel resources to a number of key production hubs, Bloomberg News&nbsp;reported&nbsp;last week, citing people familiar with the matter.</p>\n<p>Regulators are considering setting a minimum production capacity utilization rate for the industry, and provinces that aren’t meeting it won’t be allowed to approve new projects until surplus capacity comes online, Bloomberg reported.</p>\n<p>Tesla is competitive in China, but a consolidated domestic sector could pose a new challenge for the high-profile electric vehicle company.</p>\n<p>Tesla announced that it is going to increase the price of its Model Y Performance car in China by $1,552. According to the report announced on the Chinese microblogging website Weibo, the new price of Model Y will be RMB 387,900.</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>EV Stocks dipped in Monday morning trading</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\">\nEV Stocks dipped in Monday morning trading\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\">2021-09-13 21:49</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>EV Stocks dipped in Monday morning trading.Tesla,Nio,Xpeng Motors and Li Auto&nbsp;fell&nbsp;between 2% and 3%.</p>\n<p><img src=\"https://static.tigerbbs.com/5e3c5a4dc4224ac668393170a00547fb\" tg-width=\"367\" tg-height=\"241\" referrerpolicy=\"no-referrer\"></p>\n<p>China has vowed to consolidate the country’s electric vehicle industry after a decade-long nurturing of the sector led to the emergence of too many players, some of which are barely viable.</p>\n<p>“Looking forward, EV companies should grow bigger and stronger. We have too many EV firms on the market right now,” Xiao Yaqing, the minister for industry and information technology, said at a press conference in Beijing on Monday.</p>\n<p>“The firms are mostly small and scattered,” he said. “The role of the market should be fully utilized and we encourage merger and restructuring efforts in the EV sector to further increase market concentration.”</p>\n<p>Shares of Chinese electric-vehicle makers fell Monday.Xpeng Inc.&nbsp;declined 2.3% in Hong Kong trading, and&nbsp;Li Auto Inc.&nbsp;dropped 1.4%. On mainland exchanges,BYD Co.&nbsp;slid 1.8% and&nbsp;BAIC BluePark New Energy Technology Co.&nbsp;slumped 4.6%.</p>\n<p>China, which built its electric-car industry into the world’s biggest, is putting a new focus on consolidating the ranks of EV makers which has ballooned to about 300. The government is drafting measures to rein in overcapacity in the sector and channel resources to a number of key production hubs, Bloomberg News&nbsp;reported&nbsp;last week, citing people familiar with the matter.</p>\n<p>Regulators are considering setting a minimum production capacity utilization rate for the industry, and provinces that aren’t meeting it won’t be allowed to approve new projects until surplus capacity comes online, Bloomberg reported.</p>\n<p>Tesla is competitive in China, but a consolidated domestic sector could pose a new challenge for the high-profile electric vehicle company.</p>\n<p>Tesla announced that it is going to increase the price of its Model Y Performance car in China by $1,552. According to the report announced on the Chinese microblogging website Weibo, the new price of Model Y will be RMB 387,900.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来","XPEV":"小鹏汽车","LI":"理想汽车","TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108674949","content_text":"EV Stocks dipped in Monday morning trading.Tesla,Nio,Xpeng Motors and Li Auto fell between 2% and 3%.\n\nChina has vowed to consolidate the country’s electric vehicle industry after a decade-long nurturing of the sector led to the emergence of too many players, some of which are barely viable.\n“Looking forward, EV companies should grow bigger and stronger. We have too many EV firms on the market right now,” Xiao Yaqing, the minister for industry and information technology, said at a press conference in Beijing on Monday.\n“The firms are mostly small and scattered,” he said. “The role of the market should be fully utilized and we encourage merger and restructuring efforts in the EV sector to further increase market concentration.”\nShares of Chinese electric-vehicle makers fell Monday.Xpeng Inc. declined 2.3% in Hong Kong trading, and Li Auto Inc. dropped 1.4%. On mainland exchanges,BYD Co. slid 1.8% and BAIC BluePark New Energy Technology Co. slumped 4.6%.\nChina, which built its electric-car industry into the world’s biggest, is putting a new focus on consolidating the ranks of EV makers which has ballooned to about 300. The government is drafting measures to rein in overcapacity in the sector and channel resources to a number of key production hubs, Bloomberg News reported last week, citing people familiar with the matter.\nRegulators are considering setting a minimum production capacity utilization rate for the industry, and provinces that aren’t meeting it won’t be allowed to approve new projects until surplus capacity comes online, Bloomberg reported.\nTesla is competitive in China, but a consolidated domestic sector could pose a new challenge for the high-profile electric vehicle company.\nTesla announced that it is going to increase the price of its Model Y Performance car in China by $1,552. According to the report announced on the Chinese microblogging website Weibo, the new price of Model Y will be RMB 387,900.","news_type":1},"isVote":1,"tweetType":1,"viewCount":758,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":886980251,"gmtCreate":1631543521573,"gmtModify":1676530571886,"author":{"id":"3575084008680468","authorId":"3575084008680468","name":"Hb_","avatar":"https://static.tigerbbs.com/2e6b4bec98a0dbb1567834e4f467227b","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575084008680468","authorIdStr":"3575084008680468"},"themes":[],"htmlText":"W","listText":"W","text":"W","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/886980251","repostId":"2166303094","repostType":4,"repost":{"id":"2166303094","kind":"news","pubTimestamp":1631488015,"share":"https://ttm.financial/m/news/2166303094?lang=&edition=fundamental","pubTime":"2021-09-13 07:06","market":"us","language":"en","title":"Retail sales, Consumer Price Index: What to know this week","url":"https://stock-news.laohu8.com/highlight/detail?id=2166303094","media":"Yahoo Finance","summary":"Traders this week will be focused on new data on inflation and spending. Each are likely to have mod","content":"<p>Traders this week will be focused on new data on inflation and spending. Each are likely to have moderated last month after initial reopening surges in demand and price increases earlier this year.</p>\n<p>On the inflation front, the Labor Department's August Consumer Price Index (CPI) is set for release on Tuesday. The print is expected to decelerate on both a monthly and annual basis, suggesting the peak growth rates in prices for consumer goods and service may already have passed during this economic recovery.</p>\n<p>Consensus economists expect the broadest measure of CPI will grow 0.4% in August compared to July, and by 5.3% compared to August 2020. In July, the headline CPI grew 0.5% month-on-month and by 5.4% year-on-year, with the latter representing the fastest annual growth rate since 2008.</p>\n<p>Excluding more volatile food and energy prices, the CPI likely grew 0.3% month-on-month in August to match July's pace. However, on a year-over-year basis, the CPI excluding food and energy prices likely ticked down to a 4.2% rate, or a hair below July's 4.3% rate. That had, in turn, moderated from a 4.5% annual rate in June, which had marked the fastest rise since 1991.</p>\n<p>The multi-year highs in consumer price increases so far this year have coincided with the broadening economic recovery, as more Americans became vaccinated and were more inclined to spend. This especially drove up prices in goods and services closely tied to renewed consumer mobility.</p>\n<p>Used car and truck prices, for instances, rose at least 7.3% in each of April, May and June before decelerating sharply to an only 0.2% rise in July — suggesting an initial wave of demand was finally being unwound as consumers reacclimatized to going back out and companies' supply chains began to catch up with demand. Similar trends have been seen in prices for airline tickets, motor vehicle insurance and apparel prices, which pulled back in July after spiking earlier in late spring and early summer.</p>\n<p>Other categories of consumer prices have seen more sustained increases, especially in food and energy prices. Other services-related areas of consumption have also seen sustained rises, with consumers returning to in-person activities like dining out at bars and restaurants and leisure traveling. The CPI's \"services less energy services\" category has on a monthly basis in every month so far in 2021 except January, mostly recently at a 0.3% clip.</p>\n<p><img src=\"https://static.tigerbbs.com/b3ba3dcdb70c21ee0f288bf7cd56e371\" tg-width=\"4949\" tg-height=\"3345\" referrerpolicy=\"no-referrer\">Muhlenberg, PA - March 18: Redner's Quick Shoppe employee Julie Zezenski and Manager Pete Ostrowski work behind the counter at the Redner's Quick Shoppe on Tuckerton Road in Muhlenberg township Thursday afternoon March 18, 2021. (Photo by Ben Hasty/MediaNews Group/Reading Eagle via Getty Images)MediaNews Group/Reading Eagle via Getty Images via Getty Images</p>\n<p>\"Although the rise in global CPI inflation earlier this year was concentrated in energy and a narrow set of goods prices linked to supply constraints, the acceleration in food prices, alongside a recent pickup in services price inflation, sends a signal that pandemic-related pressures on prices are broadening,\" JPMorgan economists Nora Szentivanyi and Bruce Kasman wrote in a note last week.</p>\n<p>\"While we believe much of this pressure will prove transitory, inflation should remain elevated through early next year, as rising food and services price inflation offsets a moderation in energy and core goods price gains,\" they added.</p>\n<p>The CPI also serves as another metric pointing to the relative stickiness or transience of inflationary pressures in the recovering economy. Its outsized increases earlier this year — along with increases in the Federal Reserve's preferred inflationary gauge, core personal consumption expenditures — have suggested to some economists that the central bank might be prudent to alter its monetary policies to stave off a sustained overheating of the economy.</p>\n<p>Federal Reserve policymakers, however, have largely stuck to the conviction that inflation will prove transitory in this economy. Central bank officials like Fed Chair Jerome Powell further suggested that a premature policy move could actually backfire by cutting short the recovery in the labor market.</p>\n<p>\"The spike in inflation is so far largely the product of a relatively narrow group of goods and services that have been directly affected by the pandemic and the reopening of the economy,\" Powell said during his speech at the central bank's Jackson Hole symposium in late August.</p>\n<p>\"Some prices — for example, for hotel rooms and airplane tickets — declined sharply during the recession and have now moved back up close to pre-pandemic levels,\" he said. \"The 12-month window we use in computing inflation now captures the rebound in prices but not the initial decline, temporarily elevating reported inflation. These effects, which are adding a few tenths to measured inflation, should wash out over time.\"</p>\n<h2>Retail sales</h2>\n<p>Another closely watched economic data report out this week will be Thursday's retail sales print from the U.S. Commerce Department.</p>\n<p>Consumer spending has retreated in recent months as a boost from stimulus checks and other government support faded compared to earlier this year. In July, retail sales fell by a worse-than-expected 1.1%, which was more than three times greater than the drop expected.</p>\n<p>The August retail sales report will capture more of the impact on spending from the latest jump in coronavirus cases, with infections related to the Delta variant's spread having picked up mid-summer. Consensus economists expect to see sales fall for a back-to-back month, dropping by 0.8% for the month.</p>\n<p>Some service-related spending already slowed in July, suggesting consumers were already going out somewhat less frequently as infections mounted. Food services and drinking places sales increase by 1.7% in July, following a 2.4% monthly gain in June.</p>\n<p>The August retail sales report, however, will not capture any impact on spending related to the national expiration of enhanced unemployment benefits. Throughout the summer, about half of U.S. states had ended pandemic-era federal jobless benefits to try and incentivize unemployed individuals to return to work. The other half of states ended these benefits by Sept. 6.</p>\n<p>Future retail sales reports for September and onward may reflect slowing sales as a result of the expiration of this aid, some economists suggested.</p>\n<p>\"Spending by the unemployed, especially low-income households, has been supported by enhanced unemployment benefits,\" Rubeela Farooqi, chief economist at High Frequency Economics, wrote in a note. \"Absent this support, spending outcomes will surely be different, especially if households are less secure about job prospects going forward.\"</p>\n<h2>Economic calendar</h2>\n<ul>\n <li><p><b>Monday: </b>Monthly budget statement, August (-$302.1 billion during prior month)</p></li>\n <li><p><b>Tuesday: </b>NFIB Small Business Optimism, August (99.7 during prior month); Real Average Weekly Earnings, year-over-year, August (-0.9% during prior month); Consumer Price Index, month-over-month, August (0.4% expected, 0.5% in July); Consumer Price Index excluding food and energy, month-over-month, August (0.3% expected, 0.3% in July); Consumer Price Index, year-over-year, August (5.3% expected, 5.4% in July); Consumer Price Index excluding food and energy, year-over-year (August (4.2% expected, 4.3% in August)</p></li>\n <li><p><b>Wednesday: </b>MBA Mortgage Applications, week ended September 10 (-1.9% during prior week); Empire Manufacturing, September (20.0 expected, 18.3 during prior month); Import Price Index, month-over-month, August (0.3% expected, 0.3% in July); Industrial Production, month-over-month, August (0.6% expected, 0.9% in July); Capacity Utilization, August (76.4% in August, 76.1% in July); Manufacturing Production, August (0.4% expected, 1.4% in July)</p></li>\n <li><p><b>Thursday: </b>Retail Sales Advance, month-over-month, August (-0.8% expected, -1.1% in July); Retail Sales excluding autos and gas, August (-0.5% expected, -0.7% in July); Initial jobless claims, week ended September 11; Continuing Claims, week ended September 4; Philadelphia Fed Business Outlook Index, September (20.0 expected, 19.4 in August); Business inventories, July (0.5% expected, 0.8% in June); Total Net TIC Flows, July ($31.5 billion in June); Total Long-term TIC Flows, July ($110.9 billion in June)</p></li>\n <li><p><b>Friday: </b>University of Michigan Sentiment, September preliminary (72.7 expected, 70.3 in August)</p></li>\n</ul>\n<h2>Earnings calendar</h2>\n<ul>\n <li><p><b>Monday: </b>Oracle (ORCL) after market close</p></li>\n <li><p><b>Tuesday:</b> Lennar (LEN), FuelCell Energy (FCEL) before market open <b>&nbsp;</b></p></li>\n <li><p><b>Wednesday: </b>Weber (WEBR) before market open</p></li>\n <li><p><b>Thursday: </b><i>No notable reports scheduled for release</i></p></li>\n <li><p><b>Friday: </b><i>No notable reports scheduled for release</i></p></li>\n</ul>","source":"yahoofinance_au","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>Retail sales, Consumer Price Index: What to know this week</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\">\nRetail sales, Consumer Price Index: What to know this week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-13 07:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/retail-sales-consumer-price-index-what-to-know-this-week-145855567.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Traders this week will be focused on new data on inflation and spending. Each are likely to have moderated last month after initial reopening surges in demand and price increases earlier this year.\nOn...</p>\n\n<a href=\"https://finance.yahoo.com/news/retail-sales-consumer-price-index-what-to-know-this-week-145855567.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FCEL":"燃料电池能源","LEN":"莱纳建筑公司","WEBR":"Weber Inc.","ORCL":"甲骨文"},"source_url":"https://finance.yahoo.com/news/retail-sales-consumer-price-index-what-to-know-this-week-145855567.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2166303094","content_text":"Traders this week will be focused on new data on inflation and spending. Each are likely to have moderated last month after initial reopening surges in demand and price increases earlier this year.\nOn the inflation front, the Labor Department's August Consumer Price Index (CPI) is set for release on Tuesday. The print is expected to decelerate on both a monthly and annual basis, suggesting the peak growth rates in prices for consumer goods and service may already have passed during this economic recovery.\nConsensus economists expect the broadest measure of CPI will grow 0.4% in August compared to July, and by 5.3% compared to August 2020. In July, the headline CPI grew 0.5% month-on-month and by 5.4% year-on-year, with the latter representing the fastest annual growth rate since 2008.\nExcluding more volatile food and energy prices, the CPI likely grew 0.3% month-on-month in August to match July's pace. However, on a year-over-year basis, the CPI excluding food and energy prices likely ticked down to a 4.2% rate, or a hair below July's 4.3% rate. That had, in turn, moderated from a 4.5% annual rate in June, which had marked the fastest rise since 1991.\nThe multi-year highs in consumer price increases so far this year have coincided with the broadening economic recovery, as more Americans became vaccinated and were more inclined to spend. This especially drove up prices in goods and services closely tied to renewed consumer mobility.\nUsed car and truck prices, for instances, rose at least 7.3% in each of April, May and June before decelerating sharply to an only 0.2% rise in July — suggesting an initial wave of demand was finally being unwound as consumers reacclimatized to going back out and companies' supply chains began to catch up with demand. Similar trends have been seen in prices for airline tickets, motor vehicle insurance and apparel prices, which pulled back in July after spiking earlier in late spring and early summer.\nOther categories of consumer prices have seen more sustained increases, especially in food and energy prices. Other services-related areas of consumption have also seen sustained rises, with consumers returning to in-person activities like dining out at bars and restaurants and leisure traveling. The CPI's \"services less energy services\" category has on a monthly basis in every month so far in 2021 except January, mostly recently at a 0.3% clip.\nMuhlenberg, PA - March 18: Redner's Quick Shoppe employee Julie Zezenski and Manager Pete Ostrowski work behind the counter at the Redner's Quick Shoppe on Tuckerton Road in Muhlenberg township Thursday afternoon March 18, 2021. (Photo by Ben Hasty/MediaNews Group/Reading Eagle via Getty Images)MediaNews Group/Reading Eagle via Getty Images via Getty Images\n\"Although the rise in global CPI inflation earlier this year was concentrated in energy and a narrow set of goods prices linked to supply constraints, the acceleration in food prices, alongside a recent pickup in services price inflation, sends a signal that pandemic-related pressures on prices are broadening,\" JPMorgan economists Nora Szentivanyi and Bruce Kasman wrote in a note last week.\n\"While we believe much of this pressure will prove transitory, inflation should remain elevated through early next year, as rising food and services price inflation offsets a moderation in energy and core goods price gains,\" they added.\nThe CPI also serves as another metric pointing to the relative stickiness or transience of inflationary pressures in the recovering economy. Its outsized increases earlier this year — along with increases in the Federal Reserve's preferred inflationary gauge, core personal consumption expenditures — have suggested to some economists that the central bank might be prudent to alter its monetary policies to stave off a sustained overheating of the economy.\nFederal Reserve policymakers, however, have largely stuck to the conviction that inflation will prove transitory in this economy. Central bank officials like Fed Chair Jerome Powell further suggested that a premature policy move could actually backfire by cutting short the recovery in the labor market.\n\"The spike in inflation is so far largely the product of a relatively narrow group of goods and services that have been directly affected by the pandemic and the reopening of the economy,\" Powell said during his speech at the central bank's Jackson Hole symposium in late August.\n\"Some prices — for example, for hotel rooms and airplane tickets — declined sharply during the recession and have now moved back up close to pre-pandemic levels,\" he said. \"The 12-month window we use in computing inflation now captures the rebound in prices but not the initial decline, temporarily elevating reported inflation. These effects, which are adding a few tenths to measured inflation, should wash out over time.\"\nRetail sales\nAnother closely watched economic data report out this week will be Thursday's retail sales print from the U.S. Commerce Department.\nConsumer spending has retreated in recent months as a boost from stimulus checks and other government support faded compared to earlier this year. In July, retail sales fell by a worse-than-expected 1.1%, which was more than three times greater than the drop expected.\nThe August retail sales report will capture more of the impact on spending from the latest jump in coronavirus cases, with infections related to the Delta variant's spread having picked up mid-summer. Consensus economists expect to see sales fall for a back-to-back month, dropping by 0.8% for the month.\nSome service-related spending already slowed in July, suggesting consumers were already going out somewhat less frequently as infections mounted. Food services and drinking places sales increase by 1.7% in July, following a 2.4% monthly gain in June.\nThe August retail sales report, however, will not capture any impact on spending related to the national expiration of enhanced unemployment benefits. Throughout the summer, about half of U.S. states had ended pandemic-era federal jobless benefits to try and incentivize unemployed individuals to return to work. The other half of states ended these benefits by Sept. 6.\nFuture retail sales reports for September and onward may reflect slowing sales as a result of the expiration of this aid, some economists suggested.\n\"Spending by the unemployed, especially low-income households, has been supported by enhanced unemployment benefits,\" Rubeela Farooqi, chief economist at High Frequency Economics, wrote in a note. \"Absent this support, spending outcomes will surely be different, especially if households are less secure about job prospects going forward.\"\nEconomic calendar\n\nMonday: Monthly budget statement, August (-$302.1 billion during prior month)\nTuesday: NFIB Small Business Optimism, August (99.7 during prior month); Real Average Weekly Earnings, year-over-year, August (-0.9% during prior month); Consumer Price Index, month-over-month, August (0.4% expected, 0.5% in July); Consumer Price Index excluding food and energy, month-over-month, August (0.3% expected, 0.3% in July); Consumer Price Index, year-over-year, August (5.3% expected, 5.4% in July); Consumer Price Index excluding food and energy, year-over-year (August (4.2% expected, 4.3% in August)\nWednesday: MBA Mortgage Applications, week ended September 10 (-1.9% during prior week); Empire Manufacturing, September (20.0 expected, 18.3 during prior month); Import Price Index, month-over-month, August (0.3% expected, 0.3% in July); Industrial Production, month-over-month, August (0.6% expected, 0.9% in July); Capacity Utilization, August (76.4% in August, 76.1% in July); Manufacturing Production, August (0.4% expected, 1.4% in July)\nThursday: Retail Sales Advance, month-over-month, August (-0.8% expected, -1.1% in July); Retail Sales excluding autos and gas, August (-0.5% expected, -0.7% in July); Initial jobless claims, week ended September 11; Continuing Claims, week ended September 4; Philadelphia Fed Business Outlook Index, September (20.0 expected, 19.4 in August); Business inventories, July (0.5% expected, 0.8% in June); Total Net TIC Flows, July ($31.5 billion in June); Total Long-term TIC Flows, July ($110.9 billion in June)\nFriday: University of Michigan Sentiment, September preliminary (72.7 expected, 70.3 in August)\n\nEarnings calendar\n\nMonday: Oracle (ORCL) after market close\nTuesday: Lennar (LEN), FuelCell Energy (FCEL) before market open  \nWednesday: Weber (WEBR) before market open\nThursday: No notable reports scheduled for release\nFriday: No notable reports scheduled for release","news_type":1},"isVote":1,"tweetType":1,"viewCount":601,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":883310751,"gmtCreate":1631201135673,"gmtModify":1676530496068,"author":{"id":"3575084008680468","authorId":"3575084008680468","name":"Hb_","avatar":"https://static.tigerbbs.com/2e6b4bec98a0dbb1567834e4f467227b","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575084008680468","authorIdStr":"3575084008680468"},"themes":[],"htmlText":"W","listText":"W","text":"W","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/883310751","repostId":"2166349857","repostType":4,"repost":{"id":"2166349857","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1631199360,"share":"https://ttm.financial/m/news/2166349857?lang=&edition=fundamental","pubTime":"2021-09-09 22:56","market":"us","language":"en","title":"Here's a safer way to invest in bitcoin and blockchain technology","url":"https://stock-news.laohu8.com/highlight/detail?id=2166349857","media":"Dow Jones","summary":"Exchange traded funds enable you to tap into the hot asset category while lowering risk.\n\nBitcoin an","content":"<blockquote>\n <b>Exchange traded funds enable you to tap into the hot asset category while lowering risk.</b>\n</blockquote>\n<p>Bitcoin and other cryptocurrencies can be among the most volatile securities trading today.</p>\n<p>A safer way to invest in cryptos and blockchain-technology companies is through exchange traded funds.</p>\n<p>The <a href=\"https://laohu8.com/S/BLOK\">Amplify Transformational Data Sharing ETF</a> BLOK is, by far, the largest ETF focused on cryptocurrencies and companies that use or develop blockchain technology. It has $1.3 billion in assets and is actively managed. The second-biggest ETF in the space is the Siren Nasdaq NexGen Economy ETF BLCN, which is passively managed -- it follows an index -- and has $291 million in assets. Both ETFs were established on Jan. 17, 2018. There's more about each of them below.</p>\n<p><b>Digital currencies -- risks and rewards</b></p>\n<p>Before digging into the blockchain ETFs, consider the risks of bitcoin and other digital currencies beyond volatility. For example, if you hold bitcoin in a digital wallet, make sure you don't lose your password. One investor lost access to an account with 7,002 bitcoin in 2012, according to Yahoo Finance. That equates to more than $327 million, based on bitcoin's settled price of $46,777 on Sept. 7.</p>\n<p>There have also been difficulties for people who wish to trade cryptocurrencies on days of high volatility and reports of hacked accounts and poor customer service at Coinbase Global Inc. <a href=\"https://laohu8.com/S/COIN\">$(COIN)$</a>, with customers unable to recover lost bitcoin.</p>\n<p>Coinbase has said only 0.01% of its customers have been affected by \"account takeovers,\" and analysts covering Coinbase's stock are believers in the company. Among 24 analysts polled by FactSet, 16 rate the stock a \"buy\" or the equivalent. On Sept. 7, Needham analyst John Todaro initiated his coverage of Coinbase with a \"buy\" rating and wrote that the company \"has done a good job of offering new assets and new products in a regulatory compliant manner, and is well on its way to becoming a <a href=\"https://laohu8.com/S/AONE.U\">one</a>-stop shop for crypto financial services.\"</p>\n<p><b>Blockchain ETFs</b></p>\n<p>Here's how the Amplify Transformational Data Sharing ETF <a href=\"https://laohu8.com/S/BLOK.UK\">$(BLOK.UK)$</a> and the Siren Nasdaq NexGen Economy ETF <a href=\"https://laohu8.com/S/BLCN\">$(BLCN)$</a> have performed since they were established, against the price of bitcoin itself, in U.S. dollars:</p>\n<p>Bitcoin has had the best performance on the chart, rising 322% since Jan. 17, 2018, with BLOK next, returning 159%, followed by BLCN, at 104%. Of course, we cannot predict the direction of bitcoin or other digital currencies, but the chart shows how much more volatile bitcoin has been than these ETFs.</p>\n<p>To further illustrate the volatility, check out this chart showing performance of the ETFs' first two years:</p>\n<p>Starting from Jan. 17, 2018, bitcoin was down as much as 71% through Dec. 14, 2018. For the complete two-year period, it was down 18%. Meanwhile, BLCN returned a positive 14% and BLOK was up 1%. The ETFs have been less volatile.</p>\n<p>Once again, here are total return comparisons for the two ETFs, bitcoin and, for reference, the SPDR S&amp;P 500 ETF Trust <a href=\"https://laohu8.com/S/SPY.AU\">$(SPY.AU)$</a> and the Invesco QQQ Trust <a href=\"https://laohu8.com/S/QQQ\">$(QQQ)$</a>, which tracks the Nasdaq-100 Index , for various periods:</p>\n<table>\n <tbody>\n  <tr>\n   <td>Fund or index</td>\n   <td>Total return -- 2021 through Sept. 8</td>\n   <td>Total return 1 year</td>\n   <td>Total return -- 2 years</td>\n   <td>Total return -- 3 years</td>\n   <td>Total return -- Jan. 17, 2018, through Sept. 8, 2021</td>\n  </tr>\n  <tr>\n   <td>Amplify Transformational Data Sharing ETF BLOK</td>\n   <td>170%</td>\n   <td>113%</td>\n   <td>177%</td>\n   <td>164%</td>\n   <td>159%</td>\n  </tr>\n  <tr>\n   <td>Siren ETF Trust Siren Nasdaq NexGen Economy ETF BLCN</td>\n   <td>88%</td>\n   <td>44%</td>\n   <td>106%</td>\n   <td>113%</td>\n   <td>104%</td>\n  </tr>\n  <tr>\n   <td>Bitcoin <a href=\"https://laohu8.com/S/CME\">$(CME)$</a> Continuous</td>\n   <td>58%</td>\n   <td>365%</td>\n   <td>345%</td>\n   <td>628%</td>\n   <td>322%</td>\n  </tr>\n  <tr>\n   <td>SPDR S&amp;P 500 ETF Trust</td>\n   <td>44%</td>\n   <td>37%</td>\n   <td>57%</td>\n   <td>66%</td>\n   <td>72%</td>\n  </tr>\n  <tr>\n   <td>Invesco QQQ Trust</td>\n   <td>81%</td>\n   <td>42%</td>\n   <td>101%</td>\n   <td>115%</td>\n   <td>136%</td>\n  </tr>\n  <tr>\n   <td>Source: FactSet</td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n  </tr>\n </tbody>\n</table>\n<p>BLOK is rated four stars (out of five) by Morningstar, while BLCN has a three-star rating. Since it was established, BLOK has more than doubled the return of SPY, and has outperformed QQQ handily.</p>\n<p>Going back to the second chart, above, which emphasizes bitcoin's plunge in 2018, you can see that BLCN fared better than BLOK through that decline and for that two-year period.</p>\n<p>It may be good to consider how likely you would have been to wait out that difficult period while holding bitcoin. A broader investment in blockchain technology, with exposure to cryptocurrencies, may fit your risk tolerance better, while still giving exposure to this technological phenomenon.</p>\n<p><b>ETF portfolios</b></p>\n<p>During an interview, Amplify CEO Christian Magoon said he had decided to take an active approach with BLOK because of added flexibility.</p>\n<p>A passive approach to forming an index of companies exposed to blockchain might make use of algorithms for keyword searches in company filings for \"blockchain\" and related words, as a way to identify companies making use of the technology. But Magoon said BLOK's subadviser, Toroso Investments, will \"take extra steps to verify the actual blockchain-related activities of the companies we invest in.\"</p>\n<p>That can be important in a relatively new space with plenty of buzzwords. You might recall the story of <a href=\"https://laohu8.com/S/LTEA\">Long Island Iced Tea</a> Corp., which said in December 2017 that it would change its focus to investing in blockchain technology, while adopting the name Long Blockchain. That didn't turn out so well.</p>\n<p>BLOK typically holds about 45 stocks. Here are its 10 largest positions:</p>\n<table>\n <tbody>\n  <tr>\n   <td>Company</td>\n   <td>Share of portfolio</td>\n   <td>Market cap ($mil, U.S.)</td>\n   <td>Total return -- 2021</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/HUT\">Hut 8 Mining Corp</a>. CA:HUT.WTA</td>\n   <td>6.9%</td>\n   <td>$1,466</td>\n   <td>272%</td>\n  </tr>\n  <tr>\n   <td>MicroStrategy Inc. Class A MSTR</td>\n   <td>5.5%</td>\n   <td>$4,971</td>\n   <td>64%</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/MARA\">Marathon Digital Holdings Inc</a>. MARA</td>\n   <td>4.5%</td>\n   <td>$3,715</td>\n   <td>257%</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/PYPL\">PayPal</a> Holdings Inc. PYPL</td>\n   <td>4.5%</td>\n   <td>$335,154</td>\n   <td>22%</td>\n  </tr>\n  <tr>\n   <td>Square Inc. Class A SQ</td>\n   <td>4.4%</td>\n   <td>$101,225</td>\n   <td>17.%</td>\n  </tr>\n  <tr>\n   <td>Hive Blockchain Technologies Ltd. CA:HIVE</td>\n   <td>3.9%</td>\n   <td>$1,172</td>\n   <td>72%</td>\n  </tr>\n  <tr>\n   <td>Galaxy Digital Holdings Ltd. CA:GLXY</td>\n   <td>3.9%</td>\n   <td>$2,037</td>\n   <td>145%</td>\n  </tr>\n  <tr>\n   <td>Nvidia Corp. NVDA</td>\n   <td>3.8%</td>\n   <td>$556,688</td>\n   <td>71%</td>\n  </tr>\n  <tr>\n   <td>Coinbase Global Inc. Class A COIN</td>\n   <td>3.6%</td>\n   <td>$38,980</td>\n   <td>N/A</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/BITF\">Bitfarms Ltd.</a> CA:BITF</td>\n   <td>3.6%</td>\n   <td>$993</td>\n   <td>201%</td>\n  </tr>\n  <tr>\n   <td>Sources: Amplify ETFs, FactSet</td>\n   <td></td>\n   <td></td>\n   <td></td>\n  </tr>\n </tbody>\n</table>\n<p>Click on the tickers for more about each company. Here's a new guide to all the information available on the MarketWatch quote pages, which can start you off on your own research.</p>\n<p>It might be a surprise to see PayPal Holdings Inc. (PYPL) and Square Inc. <a href=\"https://laohu8.com/S/SQSP\">$(SQSP)$</a> in the portfolio, but both provide services allowing customers to buy and sell bitcoin.</p>\n<p>Magoon emphasized that the diversification of BLOK's portfolio lowered risk, but acknowledged that the ETF's performance is still closely correlated with bitcoin.</p>\n<p>Early this year, the Securities and Exchange Commission gave permission for BLOK to hold shares of the Grayscale Bitcoin Trust (GBTC), which has a market capitalization of $6.6 billion. It has been a popular way for investors and traders to \"play\" bitcoin indirectly. But it has its own risks, as its share price at times can rise to a very high premium over the trust's net asset value (the value of its investments at the end of the trading day divided by the number of shares). This means GBTC has an extra layer of volatility on top of bitcoin's price.</p>\n<p>According to Magoon, GBTC has traded at a premium as high as 70% over NAV, although recently it has traded below the NAV.</p>\n<p>This extra volatility led BLOK to completely sell out of its GBTC position, Magoon said. It now holds shares of Canadian exchange traded funds that invest in bitcoin. Magoon says those tend to trade close to NAV. An example of a Canadian bitcoin ETF held by block is the Purpose Bitcoin ETF .</p>\n<p>BCLN tends to have more holdings than BLOK -- 69 stocks at the end of the second quarter. It is also less concentrated. BLOK's 10 largest holdings make up 45% of the portfolio. For BLCN, the 10 largest account for 21%.</p>\n<p>Here are the 10 largest holdings of BCLN:</p>\n<table>\n <tbody>\n  <tr>\n   <td>Company</td>\n   <td>Share of portfolio</td>\n   <td>Market cap ($mil, U.S.)</td>\n   <td>Total return -- 2021</td>\n  </tr>\n  <tr>\n   <td>Huobi Technology Holdings Ltd. HK:1611</td>\n   <td>2.7%</td>\n   <td>$509</td>\n   <td>108%</td>\n  </tr>\n  <tr>\n   <td>Coinbase Global Inc. Class A COIN</td>\n   <td>2.4%</td>\n   <td>$38,980</td>\n   <td>N/A</td>\n  </tr>\n  <tr>\n   <td>Accenture <a href=\"https://laohu8.com/S/PLC\">PLC</a> Class A ACN</td>\n   <td>2.1%</td>\n   <td>$215,809</td>\n   <td>32%</td>\n  </tr>\n  <tr>\n   <td>Square Inc. Class A SQ</td>\n   <td>2.1%</td>\n   <td>$101,225</td>\n   <td>17%</td>\n  </tr>\n  <tr>\n   <td>Advanced Micro Devices Inc. <a href=\"https://laohu8.com/S/AMD\">AMD</a></td>\n   <td>2.0%</td>\n   <td>$128,781</td>\n   <td>16%</td>\n  </tr>\n  <tr>\n   <td>Fujitsu Ltd. JP:6702</td>\n   <td>1.9%</td>\n   <td>$39,971</td>\n   <td>44%</td>\n  </tr>\n  <tr>\n   <td>Nvidia Corp. NVDA</td>\n   <td>1.9%</td>\n   <td>$556,688</td>\n   <td>71%</td>\n  </tr>\n  <tr>\n   <td>Z Holdings Corp. JP:4689</td>\n   <td>1.9%</td>\n   <td>$50,552</td>\n   <td>18%</td>\n  </tr>\n  <tr>\n   <td>Marathon Digital Holdings Inc. MARA</td>\n   <td>1.9%</td>\n   <td>$3,715</td>\n   <td>N/A</td>\n  </tr>\n  <tr>\n   <td>Nasdaq Inc. NDAQ</td>\n   <td>1.9%</td>\n   <td>$33,178</td>\n   <td>50%</td>\n  </tr>\n  <tr>\n   <td>Sources: Siren ETFs, FactSet</td>\n   <td></td>\n   <td></td>\n   <td></td>\n  </tr>\n </tbody>\n</table>","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>Here's a safer way to invest in bitcoin and blockchain technology</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\">\nHere's a safer way to invest in bitcoin and blockchain technology\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-09-09 22:56</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<blockquote>\n <b>Exchange traded funds enable you to tap into the hot asset category while lowering risk.</b>\n</blockquote>\n<p>Bitcoin and other cryptocurrencies can be among the most volatile securities trading today.</p>\n<p>A safer way to invest in cryptos and blockchain-technology companies is through exchange traded funds.</p>\n<p>The <a href=\"https://laohu8.com/S/BLOK\">Amplify Transformational Data Sharing ETF</a> BLOK is, by far, the largest ETF focused on cryptocurrencies and companies that use or develop blockchain technology. It has $1.3 billion in assets and is actively managed. The second-biggest ETF in the space is the Siren Nasdaq NexGen Economy ETF BLCN, which is passively managed -- it follows an index -- and has $291 million in assets. Both ETFs were established on Jan. 17, 2018. There's more about each of them below.</p>\n<p><b>Digital currencies -- risks and rewards</b></p>\n<p>Before digging into the blockchain ETFs, consider the risks of bitcoin and other digital currencies beyond volatility. For example, if you hold bitcoin in a digital wallet, make sure you don't lose your password. One investor lost access to an account with 7,002 bitcoin in 2012, according to Yahoo Finance. That equates to more than $327 million, based on bitcoin's settled price of $46,777 on Sept. 7.</p>\n<p>There have also been difficulties for people who wish to trade cryptocurrencies on days of high volatility and reports of hacked accounts and poor customer service at Coinbase Global Inc. <a href=\"https://laohu8.com/S/COIN\">$(COIN)$</a>, with customers unable to recover lost bitcoin.</p>\n<p>Coinbase has said only 0.01% of its customers have been affected by \"account takeovers,\" and analysts covering Coinbase's stock are believers in the company. Among 24 analysts polled by FactSet, 16 rate the stock a \"buy\" or the equivalent. On Sept. 7, Needham analyst John Todaro initiated his coverage of Coinbase with a \"buy\" rating and wrote that the company \"has done a good job of offering new assets and new products in a regulatory compliant manner, and is well on its way to becoming a <a href=\"https://laohu8.com/S/AONE.U\">one</a>-stop shop for crypto financial services.\"</p>\n<p><b>Blockchain ETFs</b></p>\n<p>Here's how the Amplify Transformational Data Sharing ETF <a href=\"https://laohu8.com/S/BLOK.UK\">$(BLOK.UK)$</a> and the Siren Nasdaq NexGen Economy ETF <a href=\"https://laohu8.com/S/BLCN\">$(BLCN)$</a> have performed since they were established, against the price of bitcoin itself, in U.S. dollars:</p>\n<p>Bitcoin has had the best performance on the chart, rising 322% since Jan. 17, 2018, with BLOK next, returning 159%, followed by BLCN, at 104%. Of course, we cannot predict the direction of bitcoin or other digital currencies, but the chart shows how much more volatile bitcoin has been than these ETFs.</p>\n<p>To further illustrate the volatility, check out this chart showing performance of the ETFs' first two years:</p>\n<p>Starting from Jan. 17, 2018, bitcoin was down as much as 71% through Dec. 14, 2018. For the complete two-year period, it was down 18%. Meanwhile, BLCN returned a positive 14% and BLOK was up 1%. The ETFs have been less volatile.</p>\n<p>Once again, here are total return comparisons for the two ETFs, bitcoin and, for reference, the SPDR S&amp;P 500 ETF Trust <a href=\"https://laohu8.com/S/SPY.AU\">$(SPY.AU)$</a> and the Invesco QQQ Trust <a href=\"https://laohu8.com/S/QQQ\">$(QQQ)$</a>, which tracks the Nasdaq-100 Index , for various periods:</p>\n<table>\n <tbody>\n  <tr>\n   <td>Fund or index</td>\n   <td>Total return -- 2021 through Sept. 8</td>\n   <td>Total return 1 year</td>\n   <td>Total return -- 2 years</td>\n   <td>Total return -- 3 years</td>\n   <td>Total return -- Jan. 17, 2018, through Sept. 8, 2021</td>\n  </tr>\n  <tr>\n   <td>Amplify Transformational Data Sharing ETF BLOK</td>\n   <td>170%</td>\n   <td>113%</td>\n   <td>177%</td>\n   <td>164%</td>\n   <td>159%</td>\n  </tr>\n  <tr>\n   <td>Siren ETF Trust Siren Nasdaq NexGen Economy ETF BLCN</td>\n   <td>88%</td>\n   <td>44%</td>\n   <td>106%</td>\n   <td>113%</td>\n   <td>104%</td>\n  </tr>\n  <tr>\n   <td>Bitcoin <a href=\"https://laohu8.com/S/CME\">$(CME)$</a> Continuous</td>\n   <td>58%</td>\n   <td>365%</td>\n   <td>345%</td>\n   <td>628%</td>\n   <td>322%</td>\n  </tr>\n  <tr>\n   <td>SPDR S&amp;P 500 ETF Trust</td>\n   <td>44%</td>\n   <td>37%</td>\n   <td>57%</td>\n   <td>66%</td>\n   <td>72%</td>\n  </tr>\n  <tr>\n   <td>Invesco QQQ Trust</td>\n   <td>81%</td>\n   <td>42%</td>\n   <td>101%</td>\n   <td>115%</td>\n   <td>136%</td>\n  </tr>\n  <tr>\n   <td>Source: FactSet</td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n  </tr>\n </tbody>\n</table>\n<p>BLOK is rated four stars (out of five) by Morningstar, while BLCN has a three-star rating. Since it was established, BLOK has more than doubled the return of SPY, and has outperformed QQQ handily.</p>\n<p>Going back to the second chart, above, which emphasizes bitcoin's plunge in 2018, you can see that BLCN fared better than BLOK through that decline and for that two-year period.</p>\n<p>It may be good to consider how likely you would have been to wait out that difficult period while holding bitcoin. A broader investment in blockchain technology, with exposure to cryptocurrencies, may fit your risk tolerance better, while still giving exposure to this technological phenomenon.</p>\n<p><b>ETF portfolios</b></p>\n<p>During an interview, Amplify CEO Christian Magoon said he had decided to take an active approach with BLOK because of added flexibility.</p>\n<p>A passive approach to forming an index of companies exposed to blockchain might make use of algorithms for keyword searches in company filings for \"blockchain\" and related words, as a way to identify companies making use of the technology. But Magoon said BLOK's subadviser, Toroso Investments, will \"take extra steps to verify the actual blockchain-related activities of the companies we invest in.\"</p>\n<p>That can be important in a relatively new space with plenty of buzzwords. You might recall the story of <a href=\"https://laohu8.com/S/LTEA\">Long Island Iced Tea</a> Corp., which said in December 2017 that it would change its focus to investing in blockchain technology, while adopting the name Long Blockchain. That didn't turn out so well.</p>\n<p>BLOK typically holds about 45 stocks. Here are its 10 largest positions:</p>\n<table>\n <tbody>\n  <tr>\n   <td>Company</td>\n   <td>Share of portfolio</td>\n   <td>Market cap ($mil, U.S.)</td>\n   <td>Total return -- 2021</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/HUT\">Hut 8 Mining Corp</a>. CA:HUT.WTA</td>\n   <td>6.9%</td>\n   <td>$1,466</td>\n   <td>272%</td>\n  </tr>\n  <tr>\n   <td>MicroStrategy Inc. Class A MSTR</td>\n   <td>5.5%</td>\n   <td>$4,971</td>\n   <td>64%</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/MARA\">Marathon Digital Holdings Inc</a>. MARA</td>\n   <td>4.5%</td>\n   <td>$3,715</td>\n   <td>257%</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/PYPL\">PayPal</a> Holdings Inc. PYPL</td>\n   <td>4.5%</td>\n   <td>$335,154</td>\n   <td>22%</td>\n  </tr>\n  <tr>\n   <td>Square Inc. Class A SQ</td>\n   <td>4.4%</td>\n   <td>$101,225</td>\n   <td>17.%</td>\n  </tr>\n  <tr>\n   <td>Hive Blockchain Technologies Ltd. CA:HIVE</td>\n   <td>3.9%</td>\n   <td>$1,172</td>\n   <td>72%</td>\n  </tr>\n  <tr>\n   <td>Galaxy Digital Holdings Ltd. CA:GLXY</td>\n   <td>3.9%</td>\n   <td>$2,037</td>\n   <td>145%</td>\n  </tr>\n  <tr>\n   <td>Nvidia Corp. NVDA</td>\n   <td>3.8%</td>\n   <td>$556,688</td>\n   <td>71%</td>\n  </tr>\n  <tr>\n   <td>Coinbase Global Inc. Class A COIN</td>\n   <td>3.6%</td>\n   <td>$38,980</td>\n   <td>N/A</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/BITF\">Bitfarms Ltd.</a> CA:BITF</td>\n   <td>3.6%</td>\n   <td>$993</td>\n   <td>201%</td>\n  </tr>\n  <tr>\n   <td>Sources: Amplify ETFs, FactSet</td>\n   <td></td>\n   <td></td>\n   <td></td>\n  </tr>\n </tbody>\n</table>\n<p>Click on the tickers for more about each company. Here's a new guide to all the information available on the MarketWatch quote pages, which can start you off on your own research.</p>\n<p>It might be a surprise to see PayPal Holdings Inc. (PYPL) and Square Inc. <a href=\"https://laohu8.com/S/SQSP\">$(SQSP)$</a> in the portfolio, but both provide services allowing customers to buy and sell bitcoin.</p>\n<p>Magoon emphasized that the diversification of BLOK's portfolio lowered risk, but acknowledged that the ETF's performance is still closely correlated with bitcoin.</p>\n<p>Early this year, the Securities and Exchange Commission gave permission for BLOK to hold shares of the Grayscale Bitcoin Trust (GBTC), which has a market capitalization of $6.6 billion. It has been a popular way for investors and traders to \"play\" bitcoin indirectly. But it has its own risks, as its share price at times can rise to a very high premium over the trust's net asset value (the value of its investments at the end of the trading day divided by the number of shares). This means GBTC has an extra layer of volatility on top of bitcoin's price.</p>\n<p>According to Magoon, GBTC has traded at a premium as high as 70% over NAV, although recently it has traded below the NAV.</p>\n<p>This extra volatility led BLOK to completely sell out of its GBTC position, Magoon said. It now holds shares of Canadian exchange traded funds that invest in bitcoin. Magoon says those tend to trade close to NAV. An example of a Canadian bitcoin ETF held by block is the Purpose Bitcoin ETF .</p>\n<p>BCLN tends to have more holdings than BLOK -- 69 stocks at the end of the second quarter. It is also less concentrated. BLOK's 10 largest holdings make up 45% of the portfolio. For BLCN, the 10 largest account for 21%.</p>\n<p>Here are the 10 largest holdings of BCLN:</p>\n<table>\n <tbody>\n  <tr>\n   <td>Company</td>\n   <td>Share of portfolio</td>\n   <td>Market cap ($mil, U.S.)</td>\n   <td>Total return -- 2021</td>\n  </tr>\n  <tr>\n   <td>Huobi Technology Holdings Ltd. HK:1611</td>\n   <td>2.7%</td>\n   <td>$509</td>\n   <td>108%</td>\n  </tr>\n  <tr>\n   <td>Coinbase Global Inc. Class A COIN</td>\n   <td>2.4%</td>\n   <td>$38,980</td>\n   <td>N/A</td>\n  </tr>\n  <tr>\n   <td>Accenture <a href=\"https://laohu8.com/S/PLC\">PLC</a> Class A ACN</td>\n   <td>2.1%</td>\n   <td>$215,809</td>\n   <td>32%</td>\n  </tr>\n  <tr>\n   <td>Square Inc. Class A SQ</td>\n   <td>2.1%</td>\n   <td>$101,225</td>\n   <td>17%</td>\n  </tr>\n  <tr>\n   <td>Advanced Micro Devices Inc. <a href=\"https://laohu8.com/S/AMD\">AMD</a></td>\n   <td>2.0%</td>\n   <td>$128,781</td>\n   <td>16%</td>\n  </tr>\n  <tr>\n   <td>Fujitsu Ltd. JP:6702</td>\n   <td>1.9%</td>\n   <td>$39,971</td>\n   <td>44%</td>\n  </tr>\n  <tr>\n   <td>Nvidia Corp. NVDA</td>\n   <td>1.9%</td>\n   <td>$556,688</td>\n   <td>71%</td>\n  </tr>\n  <tr>\n   <td>Z Holdings Corp. JP:4689</td>\n   <td>1.9%</td>\n   <td>$50,552</td>\n   <td>18%</td>\n  </tr>\n  <tr>\n   <td>Marathon Digital Holdings Inc. MARA</td>\n   <td>1.9%</td>\n   <td>$3,715</td>\n   <td>N/A</td>\n  </tr>\n  <tr>\n   <td>Nasdaq Inc. NDAQ</td>\n   <td>1.9%</td>\n   <td>$33,178</td>\n   <td>50%</td>\n  </tr>\n  <tr>\n   <td>Sources: Siren ETFs, FactSet</td>\n   <td></td>\n   <td></td>\n   <td></td>\n  </tr>\n </tbody>\n</table>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CRCT":"Cricut, Inc.","BLOK":"Amplify Transformational Data Sharing ETF","SQ":"Block","TERN":"Terns Pharmaceuticals, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2166349857","content_text":"Exchange traded funds enable you to tap into the hot asset category while lowering risk.\n\nBitcoin and other cryptocurrencies can be among the most volatile securities trading today.\nA safer way to invest in cryptos and blockchain-technology companies is through exchange traded funds.\nThe Amplify Transformational Data Sharing ETF BLOK is, by far, the largest ETF focused on cryptocurrencies and companies that use or develop blockchain technology. It has $1.3 billion in assets and is actively managed. The second-biggest ETF in the space is the Siren Nasdaq NexGen Economy ETF BLCN, which is passively managed -- it follows an index -- and has $291 million in assets. Both ETFs were established on Jan. 17, 2018. There's more about each of them below.\nDigital currencies -- risks and rewards\nBefore digging into the blockchain ETFs, consider the risks of bitcoin and other digital currencies beyond volatility. For example, if you hold bitcoin in a digital wallet, make sure you don't lose your password. One investor lost access to an account with 7,002 bitcoin in 2012, according to Yahoo Finance. That equates to more than $327 million, based on bitcoin's settled price of $46,777 on Sept. 7.\nThere have also been difficulties for people who wish to trade cryptocurrencies on days of high volatility and reports of hacked accounts and poor customer service at Coinbase Global Inc. $(COIN)$, with customers unable to recover lost bitcoin.\nCoinbase has said only 0.01% of its customers have been affected by \"account takeovers,\" and analysts covering Coinbase's stock are believers in the company. Among 24 analysts polled by FactSet, 16 rate the stock a \"buy\" or the equivalent. On Sept. 7, Needham analyst John Todaro initiated his coverage of Coinbase with a \"buy\" rating and wrote that the company \"has done a good job of offering new assets and new products in a regulatory compliant manner, and is well on its way to becoming a one-stop shop for crypto financial services.\"\nBlockchain ETFs\nHere's how the Amplify Transformational Data Sharing ETF $(BLOK.UK)$ and the Siren Nasdaq NexGen Economy ETF $(BLCN)$ have performed since they were established, against the price of bitcoin itself, in U.S. dollars:\nBitcoin has had the best performance on the chart, rising 322% since Jan. 17, 2018, with BLOK next, returning 159%, followed by BLCN, at 104%. Of course, we cannot predict the direction of bitcoin or other digital currencies, but the chart shows how much more volatile bitcoin has been than these ETFs.\nTo further illustrate the volatility, check out this chart showing performance of the ETFs' first two years:\nStarting from Jan. 17, 2018, bitcoin was down as much as 71% through Dec. 14, 2018. For the complete two-year period, it was down 18%. Meanwhile, BLCN returned a positive 14% and BLOK was up 1%. The ETFs have been less volatile.\nOnce again, here are total return comparisons for the two ETFs, bitcoin and, for reference, the SPDR S&P 500 ETF Trust $(SPY.AU)$ and the Invesco QQQ Trust $(QQQ)$, which tracks the Nasdaq-100 Index , for various periods:\n\n\n\nFund or index\nTotal return -- 2021 through Sept. 8\nTotal return 1 year\nTotal return -- 2 years\nTotal return -- 3 years\nTotal return -- Jan. 17, 2018, through Sept. 8, 2021\n\n\nAmplify Transformational Data Sharing ETF BLOK\n170%\n113%\n177%\n164%\n159%\n\n\nSiren ETF Trust Siren Nasdaq NexGen Economy ETF BLCN\n88%\n44%\n106%\n113%\n104%\n\n\nBitcoin $(CME)$ Continuous\n58%\n365%\n345%\n628%\n322%\n\n\nSPDR S&P 500 ETF Trust\n44%\n37%\n57%\n66%\n72%\n\n\nInvesco QQQ Trust\n81%\n42%\n101%\n115%\n136%\n\n\nSource: FactSet\n\n\n\n\n\n\n\n\nBLOK is rated four stars (out of five) by Morningstar, while BLCN has a three-star rating. Since it was established, BLOK has more than doubled the return of SPY, and has outperformed QQQ handily.\nGoing back to the second chart, above, which emphasizes bitcoin's plunge in 2018, you can see that BLCN fared better than BLOK through that decline and for that two-year period.\nIt may be good to consider how likely you would have been to wait out that difficult period while holding bitcoin. A broader investment in blockchain technology, with exposure to cryptocurrencies, may fit your risk tolerance better, while still giving exposure to this technological phenomenon.\nETF portfolios\nDuring an interview, Amplify CEO Christian Magoon said he had decided to take an active approach with BLOK because of added flexibility.\nA passive approach to forming an index of companies exposed to blockchain might make use of algorithms for keyword searches in company filings for \"blockchain\" and related words, as a way to identify companies making use of the technology. But Magoon said BLOK's subadviser, Toroso Investments, will \"take extra steps to verify the actual blockchain-related activities of the companies we invest in.\"\nThat can be important in a relatively new space with plenty of buzzwords. You might recall the story of Long Island Iced Tea Corp., which said in December 2017 that it would change its focus to investing in blockchain technology, while adopting the name Long Blockchain. That didn't turn out so well.\nBLOK typically holds about 45 stocks. Here are its 10 largest positions:\n\n\n\nCompany\nShare of portfolio\nMarket cap ($mil, U.S.)\nTotal return -- 2021\n\n\nHut 8 Mining Corp. CA:HUT.WTA\n6.9%\n$1,466\n272%\n\n\nMicroStrategy Inc. Class A MSTR\n5.5%\n$4,971\n64%\n\n\nMarathon Digital Holdings Inc. MARA\n4.5%\n$3,715\n257%\n\n\nPayPal Holdings Inc. PYPL\n4.5%\n$335,154\n22%\n\n\nSquare Inc. Class A SQ\n4.4%\n$101,225\n17.%\n\n\nHive Blockchain Technologies Ltd. CA:HIVE\n3.9%\n$1,172\n72%\n\n\nGalaxy Digital Holdings Ltd. CA:GLXY\n3.9%\n$2,037\n145%\n\n\nNvidia Corp. NVDA\n3.8%\n$556,688\n71%\n\n\nCoinbase Global Inc. Class A COIN\n3.6%\n$38,980\nN/A\n\n\nBitfarms Ltd. CA:BITF\n3.6%\n$993\n201%\n\n\nSources: Amplify ETFs, FactSet\n\n\n\n\n\n\nClick on the tickers for more about each company. Here's a new guide to all the information available on the MarketWatch quote pages, which can start you off on your own research.\nIt might be a surprise to see PayPal Holdings Inc. (PYPL) and Square Inc. $(SQSP)$ in the portfolio, but both provide services allowing customers to buy and sell bitcoin.\nMagoon emphasized that the diversification of BLOK's portfolio lowered risk, but acknowledged that the ETF's performance is still closely correlated with bitcoin.\nEarly this year, the Securities and Exchange Commission gave permission for BLOK to hold shares of the Grayscale Bitcoin Trust (GBTC), which has a market capitalization of $6.6 billion. It has been a popular way for investors and traders to \"play\" bitcoin indirectly. But it has its own risks, as its share price at times can rise to a very high premium over the trust's net asset value (the value of its investments at the end of the trading day divided by the number of shares). This means GBTC has an extra layer of volatility on top of bitcoin's price.\nAccording to Magoon, GBTC has traded at a premium as high as 70% over NAV, although recently it has traded below the NAV.\nThis extra volatility led BLOK to completely sell out of its GBTC position, Magoon said. It now holds shares of Canadian exchange traded funds that invest in bitcoin. Magoon says those tend to trade close to NAV. An example of a Canadian bitcoin ETF held by block is the Purpose Bitcoin ETF .\nBCLN tends to have more holdings than BLOK -- 69 stocks at the end of the second quarter. It is also less concentrated. BLOK's 10 largest holdings make up 45% of the portfolio. For BLCN, the 10 largest account for 21%.\nHere are the 10 largest holdings of BCLN:\n\n\n\nCompany\nShare of portfolio\nMarket cap ($mil, U.S.)\nTotal return -- 2021\n\n\nHuobi Technology Holdings Ltd. HK:1611\n2.7%\n$509\n108%\n\n\nCoinbase Global Inc. Class A COIN\n2.4%\n$38,980\nN/A\n\n\nAccenture PLC Class A ACN\n2.1%\n$215,809\n32%\n\n\nSquare Inc. Class A SQ\n2.1%\n$101,225\n17%\n\n\nAdvanced Micro Devices Inc. AMD\n2.0%\n$128,781\n16%\n\n\nFujitsu Ltd. JP:6702\n1.9%\n$39,971\n44%\n\n\nNvidia Corp. NVDA\n1.9%\n$556,688\n71%\n\n\nZ Holdings Corp. JP:4689\n1.9%\n$50,552\n18%\n\n\nMarathon Digital Holdings Inc. MARA\n1.9%\n$3,715\nN/A\n\n\nNasdaq Inc. NDAQ\n1.9%\n$33,178\n50%\n\n\nSources: Siren ETFs, FactSet","news_type":1},"isVote":1,"tweetType":1,"viewCount":882,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":880318167,"gmtCreate":1631019306559,"gmtModify":1676530443687,"author":{"id":"3575084008680468","authorId":"3575084008680468","name":"Hb_","avatar":"https://static.tigerbbs.com/2e6b4bec98a0dbb1567834e4f467227b","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575084008680468","authorIdStr":"3575084008680468"},"themes":[],"htmlText":"W","listText":"W","text":"W","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/880318167","repostId":"1169993498","repostType":4,"repost":{"id":"1169993498","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1631015740,"share":"https://ttm.financial/m/news/1169993498?lang=&edition=fundamental","pubTime":"2021-09-07 19:55","market":"us","language":"en","title":"Toplines Before US Market Open on Tuesday","url":"https://stock-news.laohu8.com/highlight/detail?id=1169993498","media":"Tiger Newspress","summary":"U.S. stock futureswere flat Tuesday.\nOn Wall Street, cyclical stocks are the best performers, led by","content":"<ul>\n <li>U.S. stock futureswere flat Tuesday.</li>\n <li>On Wall Street, cyclical stocks are the best performers, led by Financials. Info Tech,&nbsp;Communication Services and Energy are slightly lower.</li>\n <li>The dollar and Treasuries yields rose, gold and cryptos dropped.</li>\n <li>Bitcoin could be active today asit becomes legal tender in El Salvador and has gained the attention of the Reddit crowd.</li>\n</ul>\n<p>(Sept 7)&nbsp;European bourses dipped in the red and a rally in US equity futures which traded near all-time highs after the Labor Day holiday fizzled, as&nbsp; investors weighed China’s better-than-forecast&nbsp;trade data against the growing likelihood of fading central-bank support. S&amp;P500 futures traded fractionally in the green and Nasdaq 100 indexes slipped and equity gains in China and Japan were followed by losses in Europe as investors speculated the ECB may get ready to roll back stimulus. The dollar and Treasuries yields rose, gold and cryptos dropped.</p>\n<p>At 8:00 a.m. ET, Dow E-minis were up 33 points, or 0.09%, S&amp;P 500 E-minis were up 2.5 points, or 0.06% and Nasdaq 100 E-minis were up 2.75 points, or 0.02%.</p>\n<p><img src=\"https://static.tigerbbs.com/774e551b2ebb39de9eaeec90e5af95c9\" tg-width=\"1242\" tg-height=\"518\" referrerpolicy=\"no-referrer\"></p>\n<p>Tech gigacaps such as Microsoft, Amazon.com and Facebook eased about 0.2% each, while Apple and Google were slightly higher.</p>\n<p>Tracking benchmark bond yields higher, banks including Wells Fargo, Goldman Sachs, Citigroup and JP Morgan rose between 0.4% and 0.5%.</p>\n<p>Among meme stocks, IronNet more than doubled in value in premarket trading after the cybersecurity company was touted on Reddit and StockTwits.&nbsp;</p>\n<p>Chinese technology stocks listed in the U.S. rose premarket, amid surprisingly strong trade data (see below), renewed demand for technology shares, the lack of new regulatory announcements and Tencent’s plans to buy back more shares. Alibaba (BABA) was up 2.35% and Didi (DIDI) gained 2.55%, while Baidu (BIDU) gains 3.33%.</p>\n<p><img src=\"https://static.tigerbbs.com/f7d4a60cfccf02d72f36227e0e14cd3e\" tg-width=\"274\" tg-height=\"716\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Stocks making the biggest moves premarket:</b></p>\n<ul>\n <li>Alcoa (AA) shares rise 2.9%&nbsp;premarket, catching up with the jump in aluminum prices seen on Monday when U.S. markets were closed.</li>\n <li>Farfetch (FTCH) drops 0.7% after Arete downgraded the stock to sell, citing China risks along with a drag to gross margin from Tmall fees.</li>\n <li>Columbia Property Trust Inc (CXP) jumped 15.8% after Pacific Investment Management Company said it would buy the company for $2.2 billion.</li>\n <li>InflaRx (IFRX) shares rally 23% after it was among the companies awarded grants in Germany for Covid-19 drug development.</li>\n <li>IronNet (IRNT) shares soar 106% with the stock being touted on Reddit and StockTwits.</li>\n <li>Match Group (MTCH) surges 14% on being named to the S&amp;P 500 Index.</li>\n <li>Moderna (MRNA) declines 1.6% after report that Japan’s health ministry said that a man in his 40s died after receiving the biotech’s Covid-19 vaccine from production lots that are being recalled due to possible contamination</li>\n <li>Vertex Pharmaceuticals fell 1.8% in early New York trading after Morgan Stanley cut its stock recommendation to underweight.</li>\n</ul>\n<p>The world’s biggest economy remains “in good health” despite a recent increase in Covid-19 infections, according to Mark Haefele, chief investment officer at UBS Global Wealth. “This will support stocks, in our view, especially in cyclical industries like energy and financials,” Haefele said. “We continue to advise investors to position for reopening and recovery.”</p>\n<p>Another thing that supports stocks is that the market is no longer expecting a Fed announcement about tapering in September, Esty Dwek, a global market strategist at Natixis Investment Managers, told Bloomberg Television. “Tapering doesn’t matter that much for markets. It’s priced in, it’s expected. But the reality is that interest rate hikes matter.” Justifying this view wasGoldman's latest GDP forecast cuton Monday, its third in the past month, which saw the bank trim its full-year 2021 GDP forecast to 5.7% from 6.0%.</p>\n<p><img src=\"https://static.tigerbbs.com/858faccbc6f7fdcbcba5f727c38900c2\" tg-width=\"952\" tg-height=\"625\" width=\"100%\" height=\"auto\">The S&amp;P 500 and the Nasdaq have gained around 1.5% each since Aug. 27 following dovish commentary from Fed Chair Jerome Powell at the Jackson Hole Symposium where he again said that a stable job market was an essential goal for the central bank to start pulling back monetary support.</p>\n<p>Optimism that the Fed will delay tapering was offset by concerns that the ECB could turn hawkish at its meeting this week: “There is a growing expectation that the European Central Bank could start talking about tapering its bond purchases sooner rather than later,”&nbsp;Ipek Ozkardeskaya, a senior analyst at Swissquote Group Holdings, wrote in a note. “The ECB hawks who have been in a retreat for the past year won’t stay quiet for longer facing the rising inflation threat.”</p>\n<p>Asian stocks climbed, driven by Japanese shares<b>that extended a rally after the prime minister’s resignation announcement and a surge in Hong Kong-traded tech names.</b>The MSCI Asia Pacific Index advanced as much as 0.5%, led by the communication-services and consumer-discretionary sectors. Japan’s Nikkei 225 Stock Average briefly broke above the 30,000 level for the first time since April as a reshuffle of the blue-chip gauge added to optimism stoked by potential policy changes that could come under a new national leader. Japanese Finance Minister Aso said<b>they will consider compiling a budget with focus on digital, environmental policies, regional economies and ageing population.</b>Furthermore, he doubts if Japan's finances would risk a weaker JPY and inflation, while he suggested it would be good for the next PM to boost government revenue and restrain spending (yes, he really said that).</p>\n<p>Adding to the good news was the report that Chinese export growth unexpectedly surged in August, allaying concerns the pandemic is delaying economic reopening and creating supply-chain bottlenecks. China's exports accelerated to 25.6% yoy in August, a sequential rebound of 3.3% in August vs. -0.3% in July. Imports rose 33.1% yoy in August, and grew 2.1% mom sa non-annualized in August (vs. -6.4% in July). Both exports and imports surprised to the upside despite the disruptions to operations at Ningbo port in August due to the local outbreak. Monthly trade surplus rose to $58.3bn in August.</p>\n<p><img src=\"https://static.tigerbbs.com/eaa2b6673ab863a92d8ad2a5cbb10328\" tg-width=\"575\" tg-height=\"369\" width=\"100%\" height=\"auto\"><b>In FX,</b> the Bloomberg Dollar Spot Index erased losses as a rally in regional equities stalled and the greenback traded mixed versus its Group-of-10 peers, though most moves were relatively small.<b>Australia’s dollar was the worst G-10 performer as it reversed an earlier gain after the central bank said it will maintain its debt purchases until at least-mid February,</b>instead of an earlier target of November this year. Ten of 16 economists surveyed by Bloomberg had expected the RBA to defer scaling back quantitative easing. The central bank held its cash rate at 0.1% at the meeting. The euro was little changed, shrugging off data that showed investor confidence in the German economy declining for a fourth month amid worsening infection rates and global supply disruptions. The pound hovered ahead of U.K. Prime Minister Boris Johnson announcing a long-awaited plan to reform social care. If the “key interest rate does rise in the next year or so, it’s likely that any rise would be relatively limited,” Bank of England policy maker Michael Saunders said in a speech on Tuesday. Japanese government bond futures rose after a smooth auction of 30-year debt soothed sentiment toward the nation’s debt market. The yen traded in a narrow range.<b>Emerging-market currencies weakened for the first time in three days as the dollar climbed along with U.S. yields.</b>Higher-yielding currencies, including the South African rand and Russian ruble, led declines after outperforming peers last week on expectations for continuing monetary support from the Federal Reserve.</p>\n<p><b>In rates, </b>Treasury yields were cheaper by up to 4bp across 7- to 20-year sectors,<b>with 10-year yields sit around 1.36%, mildly outperforming bunds while gilts trade slightly richer.</b>Treasuries were pressured lower with losses led by intermediates out to long-end ahead of this week’s supply, which kicks off Tuesday with $58b 3-year note sale.&nbsp; Mild risk-on in Asia spurred by China trade data beat saw stocks close higher and Treasuries trade heavy, adding to auction concessions. U.S. auction cycle includes 10- and 30-year offerings Wednesday and Thursday. Peripheral spreads have a marginal tightening bias to core; Spain underperformed slightly with focus today on issuance of the sovereign’s inaugural green bond.</p>\n<p>In commodities, crude futures drift within Monday’s trading range. WTI hovers near $69. Brent near $72.50. Spot gold drops ~$10 to trade near $1,813/oz. LME copper underperforms peers with a 1% decline.</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 Tuesday</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 Tuesday\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\">2021-09-07 19:55</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul>\n <li>U.S. stock futureswere flat Tuesday.</li>\n <li>On Wall Street, cyclical stocks are the best performers, led by Financials. Info Tech,&nbsp;Communication Services and Energy are slightly lower.</li>\n <li>The dollar and Treasuries yields rose, gold and cryptos dropped.</li>\n <li>Bitcoin could be active today asit becomes legal tender in El Salvador and has gained the attention of the Reddit crowd.</li>\n</ul>\n<p>(Sept 7)&nbsp;European bourses dipped in the red and a rally in US equity futures which traded near all-time highs after the Labor Day holiday fizzled, as&nbsp; investors weighed China’s better-than-forecast&nbsp;trade data against the growing likelihood of fading central-bank support. S&amp;P500 futures traded fractionally in the green and Nasdaq 100 indexes slipped and equity gains in China and Japan were followed by losses in Europe as investors speculated the ECB may get ready to roll back stimulus. The dollar and Treasuries yields rose, gold and cryptos dropped.</p>\n<p>At 8:00 a.m. ET, Dow E-minis were up 33 points, or 0.09%, S&amp;P 500 E-minis were up 2.5 points, or 0.06% and Nasdaq 100 E-minis were up 2.75 points, or 0.02%.</p>\n<p><img src=\"https://static.tigerbbs.com/774e551b2ebb39de9eaeec90e5af95c9\" tg-width=\"1242\" tg-height=\"518\" referrerpolicy=\"no-referrer\"></p>\n<p>Tech gigacaps such as Microsoft, Amazon.com and Facebook eased about 0.2% each, while Apple and Google were slightly higher.</p>\n<p>Tracking benchmark bond yields higher, banks including Wells Fargo, Goldman Sachs, Citigroup and JP Morgan rose between 0.4% and 0.5%.</p>\n<p>Among meme stocks, IronNet more than doubled in value in premarket trading after the cybersecurity company was touted on Reddit and StockTwits.&nbsp;</p>\n<p>Chinese technology stocks listed in the U.S. rose premarket, amid surprisingly strong trade data (see below), renewed demand for technology shares, the lack of new regulatory announcements and Tencent’s plans to buy back more shares. Alibaba (BABA) was up 2.35% and Didi (DIDI) gained 2.55%, while Baidu (BIDU) gains 3.33%.</p>\n<p><img src=\"https://static.tigerbbs.com/f7d4a60cfccf02d72f36227e0e14cd3e\" tg-width=\"274\" tg-height=\"716\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Stocks making the biggest moves premarket:</b></p>\n<ul>\n <li>Alcoa (AA) shares rise 2.9%&nbsp;premarket, catching up with the jump in aluminum prices seen on Monday when U.S. markets were closed.</li>\n <li>Farfetch (FTCH) drops 0.7% after Arete downgraded the stock to sell, citing China risks along with a drag to gross margin from Tmall fees.</li>\n <li>Columbia Property Trust Inc (CXP) jumped 15.8% after Pacific Investment Management Company said it would buy the company for $2.2 billion.</li>\n <li>InflaRx (IFRX) shares rally 23% after it was among the companies awarded grants in Germany for Covid-19 drug development.</li>\n <li>IronNet (IRNT) shares soar 106% with the stock being touted on Reddit and StockTwits.</li>\n <li>Match Group (MTCH) surges 14% on being named to the S&amp;P 500 Index.</li>\n <li>Moderna (MRNA) declines 1.6% after report that Japan’s health ministry said that a man in his 40s died after receiving the biotech’s Covid-19 vaccine from production lots that are being recalled due to possible contamination</li>\n <li>Vertex Pharmaceuticals fell 1.8% in early New York trading after Morgan Stanley cut its stock recommendation to underweight.</li>\n</ul>\n<p>The world’s biggest economy remains “in good health” despite a recent increase in Covid-19 infections, according to Mark Haefele, chief investment officer at UBS Global Wealth. “This will support stocks, in our view, especially in cyclical industries like energy and financials,” Haefele said. “We continue to advise investors to position for reopening and recovery.”</p>\n<p>Another thing that supports stocks is that the market is no longer expecting a Fed announcement about tapering in September, Esty Dwek, a global market strategist at Natixis Investment Managers, told Bloomberg Television. “Tapering doesn’t matter that much for markets. It’s priced in, it’s expected. But the reality is that interest rate hikes matter.” Justifying this view wasGoldman's latest GDP forecast cuton Monday, its third in the past month, which saw the bank trim its full-year 2021 GDP forecast to 5.7% from 6.0%.</p>\n<p><img src=\"https://static.tigerbbs.com/858faccbc6f7fdcbcba5f727c38900c2\" tg-width=\"952\" tg-height=\"625\" width=\"100%\" height=\"auto\">The S&amp;P 500 and the Nasdaq have gained around 1.5% each since Aug. 27 following dovish commentary from Fed Chair Jerome Powell at the Jackson Hole Symposium where he again said that a stable job market was an essential goal for the central bank to start pulling back monetary support.</p>\n<p>Optimism that the Fed will delay tapering was offset by concerns that the ECB could turn hawkish at its meeting this week: “There is a growing expectation that the European Central Bank could start talking about tapering its bond purchases sooner rather than later,”&nbsp;Ipek Ozkardeskaya, a senior analyst at Swissquote Group Holdings, wrote in a note. “The ECB hawks who have been in a retreat for the past year won’t stay quiet for longer facing the rising inflation threat.”</p>\n<p>Asian stocks climbed, driven by Japanese shares<b>that extended a rally after the prime minister’s resignation announcement and a surge in Hong Kong-traded tech names.</b>The MSCI Asia Pacific Index advanced as much as 0.5%, led by the communication-services and consumer-discretionary sectors. Japan’s Nikkei 225 Stock Average briefly broke above the 30,000 level for the first time since April as a reshuffle of the blue-chip gauge added to optimism stoked by potential policy changes that could come under a new national leader. Japanese Finance Minister Aso said<b>they will consider compiling a budget with focus on digital, environmental policies, regional economies and ageing population.</b>Furthermore, he doubts if Japan's finances would risk a weaker JPY and inflation, while he suggested it would be good for the next PM to boost government revenue and restrain spending (yes, he really said that).</p>\n<p>Adding to the good news was the report that Chinese export growth unexpectedly surged in August, allaying concerns the pandemic is delaying economic reopening and creating supply-chain bottlenecks. China's exports accelerated to 25.6% yoy in August, a sequential rebound of 3.3% in August vs. -0.3% in July. Imports rose 33.1% yoy in August, and grew 2.1% mom sa non-annualized in August (vs. -6.4% in July). Both exports and imports surprised to the upside despite the disruptions to operations at Ningbo port in August due to the local outbreak. Monthly trade surplus rose to $58.3bn in August.</p>\n<p><img src=\"https://static.tigerbbs.com/eaa2b6673ab863a92d8ad2a5cbb10328\" tg-width=\"575\" tg-height=\"369\" width=\"100%\" height=\"auto\"><b>In FX,</b> the Bloomberg Dollar Spot Index erased losses as a rally in regional equities stalled and the greenback traded mixed versus its Group-of-10 peers, though most moves were relatively small.<b>Australia’s dollar was the worst G-10 performer as it reversed an earlier gain after the central bank said it will maintain its debt purchases until at least-mid February,</b>instead of an earlier target of November this year. Ten of 16 economists surveyed by Bloomberg had expected the RBA to defer scaling back quantitative easing. The central bank held its cash rate at 0.1% at the meeting. The euro was little changed, shrugging off data that showed investor confidence in the German economy declining for a fourth month amid worsening infection rates and global supply disruptions. The pound hovered ahead of U.K. Prime Minister Boris Johnson announcing a long-awaited plan to reform social care. If the “key interest rate does rise in the next year or so, it’s likely that any rise would be relatively limited,” Bank of England policy maker Michael Saunders said in a speech on Tuesday. Japanese government bond futures rose after a smooth auction of 30-year debt soothed sentiment toward the nation’s debt market. The yen traded in a narrow range.<b>Emerging-market currencies weakened for the first time in three days as the dollar climbed along with U.S. yields.</b>Higher-yielding currencies, including the South African rand and Russian ruble, led declines after outperforming peers last week on expectations for continuing monetary support from the Federal Reserve.</p>\n<p><b>In rates, </b>Treasury yields were cheaper by up to 4bp across 7- to 20-year sectors,<b>with 10-year yields sit around 1.36%, mildly outperforming bunds while gilts trade slightly richer.</b>Treasuries were pressured lower with losses led by intermediates out to long-end ahead of this week’s supply, which kicks off Tuesday with $58b 3-year note sale.&nbsp; Mild risk-on in Asia spurred by China trade data beat saw stocks close higher and Treasuries trade heavy, adding to auction concessions. U.S. auction cycle includes 10- and 30-year offerings Wednesday and Thursday. Peripheral spreads have a marginal tightening bias to core; Spain underperformed slightly with focus today on issuance of the sovereign’s inaugural green bond.</p>\n<p>In commodities, crude futures drift within Monday’s trading range. WTI hovers near $69. Brent near $72.50. Spot gold drops ~$10 to trade near $1,813/oz. LME copper underperforms peers with a 1% decline.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169993498","content_text":"U.S. stock futureswere flat Tuesday.\nOn Wall Street, cyclical stocks are the best performers, led by Financials. Info Tech, Communication Services and Energy are slightly lower.\nThe dollar and Treasuries yields rose, gold and cryptos dropped.\nBitcoin could be active today asit becomes legal tender in El Salvador and has gained the attention of the Reddit crowd.\n\n(Sept 7) European bourses dipped in the red and a rally in US equity futures which traded near all-time highs after the Labor Day holiday fizzled, as  investors weighed China’s better-than-forecast trade data against the growing likelihood of fading central-bank support. S&P500 futures traded fractionally in the green and Nasdaq 100 indexes slipped and equity gains in China and Japan were followed by losses in Europe as investors speculated the ECB may get ready to roll back stimulus. The dollar and Treasuries yields rose, gold and cryptos dropped.\nAt 8:00 a.m. ET, Dow E-minis were up 33 points, or 0.09%, S&P 500 E-minis were up 2.5 points, or 0.06% and Nasdaq 100 E-minis were up 2.75 points, or 0.02%.\n\nTech gigacaps such as Microsoft, Amazon.com and Facebook eased about 0.2% each, while Apple and Google were slightly higher.\nTracking benchmark bond yields higher, banks including Wells Fargo, Goldman Sachs, Citigroup and JP Morgan rose between 0.4% and 0.5%.\nAmong meme stocks, IronNet more than doubled in value in premarket trading after the cybersecurity company was touted on Reddit and StockTwits. \nChinese technology stocks listed in the U.S. rose premarket, amid surprisingly strong trade data (see below), renewed demand for technology shares, the lack of new regulatory announcements and Tencent’s plans to buy back more shares. Alibaba (BABA) was up 2.35% and Didi (DIDI) gained 2.55%, while Baidu (BIDU) gains 3.33%.\n\nStocks making the biggest moves premarket:\n\nAlcoa (AA) shares rise 2.9% premarket, catching up with the jump in aluminum prices seen on Monday when U.S. markets were closed.\nFarfetch (FTCH) drops 0.7% after Arete downgraded the stock to sell, citing China risks along with a drag to gross margin from Tmall fees.\nColumbia Property Trust Inc (CXP) jumped 15.8% after Pacific Investment Management Company said it would buy the company for $2.2 billion.\nInflaRx (IFRX) shares rally 23% after it was among the companies awarded grants in Germany for Covid-19 drug development.\nIronNet (IRNT) shares soar 106% with the stock being touted on Reddit and StockTwits.\nMatch Group (MTCH) surges 14% on being named to the S&P 500 Index.\nModerna (MRNA) declines 1.6% after report that Japan’s health ministry said that a man in his 40s died after receiving the biotech’s Covid-19 vaccine from production lots that are being recalled due to possible contamination\nVertex Pharmaceuticals fell 1.8% in early New York trading after Morgan Stanley cut its stock recommendation to underweight.\n\nThe world’s biggest economy remains “in good health” despite a recent increase in Covid-19 infections, according to Mark Haefele, chief investment officer at UBS Global Wealth. “This will support stocks, in our view, especially in cyclical industries like energy and financials,” Haefele said. “We continue to advise investors to position for reopening and recovery.”\nAnother thing that supports stocks is that the market is no longer expecting a Fed announcement about tapering in September, Esty Dwek, a global market strategist at Natixis Investment Managers, told Bloomberg Television. “Tapering doesn’t matter that much for markets. It’s priced in, it’s expected. But the reality is that interest rate hikes matter.” Justifying this view wasGoldman's latest GDP forecast cuton Monday, its third in the past month, which saw the bank trim its full-year 2021 GDP forecast to 5.7% from 6.0%.\nThe S&P 500 and the Nasdaq have gained around 1.5% each since Aug. 27 following dovish commentary from Fed Chair Jerome Powell at the Jackson Hole Symposium where he again said that a stable job market was an essential goal for the central bank to start pulling back monetary support.\nOptimism that the Fed will delay tapering was offset by concerns that the ECB could turn hawkish at its meeting this week: “There is a growing expectation that the European Central Bank could start talking about tapering its bond purchases sooner rather than later,” Ipek Ozkardeskaya, a senior analyst at Swissquote Group Holdings, wrote in a note. “The ECB hawks who have been in a retreat for the past year won’t stay quiet for longer facing the rising inflation threat.”\nAsian stocks climbed, driven by Japanese sharesthat extended a rally after the prime minister’s resignation announcement and a surge in Hong Kong-traded tech names.The MSCI Asia Pacific Index advanced as much as 0.5%, led by the communication-services and consumer-discretionary sectors. Japan’s Nikkei 225 Stock Average briefly broke above the 30,000 level for the first time since April as a reshuffle of the blue-chip gauge added to optimism stoked by potential policy changes that could come under a new national leader. Japanese Finance Minister Aso saidthey will consider compiling a budget with focus on digital, environmental policies, regional economies and ageing population.Furthermore, he doubts if Japan's finances would risk a weaker JPY and inflation, while he suggested it would be good for the next PM to boost government revenue and restrain spending (yes, he really said that).\nAdding to the good news was the report that Chinese export growth unexpectedly surged in August, allaying concerns the pandemic is delaying economic reopening and creating supply-chain bottlenecks. China's exports accelerated to 25.6% yoy in August, a sequential rebound of 3.3% in August vs. -0.3% in July. Imports rose 33.1% yoy in August, and grew 2.1% mom sa non-annualized in August (vs. -6.4% in July). Both exports and imports surprised to the upside despite the disruptions to operations at Ningbo port in August due to the local outbreak. Monthly trade surplus rose to $58.3bn in August.\nIn FX, the Bloomberg Dollar Spot Index erased losses as a rally in regional equities stalled and the greenback traded mixed versus its Group-of-10 peers, though most moves were relatively small.Australia’s dollar was the worst G-10 performer as it reversed an earlier gain after the central bank said it will maintain its debt purchases until at least-mid February,instead of an earlier target of November this year. Ten of 16 economists surveyed by Bloomberg had expected the RBA to defer scaling back quantitative easing. The central bank held its cash rate at 0.1% at the meeting. The euro was little changed, shrugging off data that showed investor confidence in the German economy declining for a fourth month amid worsening infection rates and global supply disruptions. The pound hovered ahead of U.K. Prime Minister Boris Johnson announcing a long-awaited plan to reform social care. If the “key interest rate does rise in the next year or so, it’s likely that any rise would be relatively limited,” Bank of England policy maker Michael Saunders said in a speech on Tuesday. Japanese government bond futures rose after a smooth auction of 30-year debt soothed sentiment toward the nation’s debt market. The yen traded in a narrow range.Emerging-market currencies weakened for the first time in three days as the dollar climbed along with U.S. yields.Higher-yielding currencies, including the South African rand and Russian ruble, led declines after outperforming peers last week on expectations for continuing monetary support from the Federal Reserve.\nIn rates, Treasury yields were cheaper by up to 4bp across 7- to 20-year sectors,with 10-year yields sit around 1.36%, mildly outperforming bunds while gilts trade slightly richer.Treasuries were pressured lower with losses led by intermediates out to long-end ahead of this week’s supply, which kicks off Tuesday with $58b 3-year note sale.  Mild risk-on in Asia spurred by China trade data beat saw stocks close higher and Treasuries trade heavy, adding to auction concessions. U.S. auction cycle includes 10- and 30-year offerings Wednesday and Thursday. Peripheral spreads have a marginal tightening bias to core; Spain underperformed slightly with focus today on issuance of the sovereign’s inaugural green bond.\nIn commodities, crude futures drift within Monday’s trading range. WTI hovers near $69. Brent near $72.50. Spot gold drops ~$10 to trade near $1,813/oz. LME copper underperforms peers with a 1% decline.","news_type":1},"isVote":1,"tweetType":1,"viewCount":711,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":814500808,"gmtCreate":1630835483804,"gmtModify":1676530403500,"author":{"id":"3575084008680468","authorId":"3575084008680468","name":"Hb_","avatar":"https://static.tigerbbs.com/2e6b4bec98a0dbb1567834e4f467227b","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575084008680468","authorIdStr":"3575084008680468"},"themes":[],"htmlText":"W","listText":"W","text":"W","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/814500808","repostId":"1157895022","repostType":4,"repost":{"id":"1157895022","kind":"news","pubTimestamp":1630810619,"share":"https://ttm.financial/m/news/1157895022?lang=&edition=fundamental","pubTime":"2021-09-05 10:56","market":"us","language":"en","title":"Beat the market with this quant system that’s very bullish on stocks at record highs","url":"https://stock-news.laohu8.com/highlight/detail?id=1157895022","media":"MarketWatch","summary":"Vance Howard’s HCM Tactical Growth Fund moves you in and out of the stock market when prudent to do ","content":"<blockquote>\n <b>Vance Howard’s HCM Tactical Growth Fund moves you in and out of the stock market when prudent to do so. So far his team of computer scientists’ strategy has paid off.</b>\n</blockquote>\n<p>Imagine you had a money-making machine to harvest gains in the stock market while you sat back to enjoy life.</p>\n<p>That’s everyone’s dream, right? Investor Vance Howard thinks he’s found it.</p>\n<p>Howard and his small army of computer programmers atHoward Capital Managementin Roswell, Ga., have a quantitative system that posts great returns.</p>\n<p>His HCM Tactical Growth Fund&nbsp;HCMGX,+0.35%beats its Russell 1000&nbsp;benchmark index and large-blend fund category by 8.5-10.4 percentage points annualized over the past five years, according to Morningstar. That is no small feat, and not only because it has to overcome a 2.22% fee. Beating the market is simply not easy. His HCM Dividend Sector PlusHCMQX,-0.05%) and HCM Income PlusHCMLX,+0.30%funds post similar outperformance.</p>\n<p>There are drawbacks, which I detail below. (Among them: Potentially long stretches of underperformance and regular tax bills.) But first, what can we learn from this winner?</p>\n<p>So-called quants never share all the details of their proprietary systems, but Howard shares a lot, as you’ll see. And this Texas rancher has a lot of good advice based on “horse sense” — not surprising, given his infectious passion for the markets, and his three decades of experience as a pro.</p>\n<p>Here are five lessons, 12 exchange traded funds (ETFs) and four stocks to consider, from a recent interview with him.</p>\n<p><b>Lesson #1: Don’t be emotional</b></p>\n<p>It’s no surprise so many people do poorly in the market. Evolution has programmed us to fail. For survival, we’ve learned to run from things that frightens us. And crave more of things that are pleasurable — like sweets or fats to store calories ahead of what might be a long stretch without food. But in the market, acting on the emotions of fear and greed invariably make us do the wrong thing at the wrong time. Sell at the bottom, buy at the top.</p>\n<p>Likewise, we’re programmed to believe being with the crowd brings safety. If you’re a zebra on the Savanna, you are more likely to get picked off by a predator if you go it alone. The problem here is being part of a crowd — and crowd psychology — dumb us down to a purely emotional level. This is why people in crowds do terrible things they would never do on their own. It doesn’t matter how smart you are. When you join a crowd, you lose a lot of IQ points. Base emotions take over.</p>\n<p>To do well in the market, you have to counteract these tendencies. “One of the biggest mistakes individual investors and money managers make is getting emotional,” says Howard. “Let your emotions go.”</p>\n<p><b>Lesson #2: Have a system and stick to it</b></p>\n<p>To exorcise emotion, have a system. “And don’t second guess it,” says Howard. “This keeps you from letting the pandemic or Afghanistan scare you out of the market.” He calls his system the HCM-BuyLine. It is basically a momentum and trend-following system — which often works well in the markets.</p>\n<p>The HCM-BuyLine basically works like this. First, rather than use the S&amp;P 500SPX,-0.03%or the Dow Jones Industrial AverageDJIA,-0.21%,Howard blends several stock indices to create his own index. Then he uses a moving average that tells him whether the market is in an uptrend or downtrend.</p>\n<p>When the moving average drops 3.5%, he sells 35%. If it drops 6.5%, he sells another 35%. He rarely goes to 100% cash.</p>\n<p>“If the BuyLine is positive, we will stay long no matter what,” he says. “We take all the emotion out of the equation by letting the math decide.”</p>\n<p>Right now, it’s bullish. (More on this below.)</p>\n<p>Your system also has to tell you when to get back in.</p>\n<p>“That’s where most people screw up,” he says. “They get out of the market, and they don’t know when to get back in.” The HCM-BuyLine gives a buy signal when his custom index trades above its moving average for six consecutive sessions, and then goes on to trade above the high hit during those six days.</p>\n<p>You don’t need a system that calls exact market tops or bottoms. Instead, the BuyLine keeps Howard out of down markets 85% of the time, and in for 85% of the good times.</p>\n<p>“If we can do that consistently, we have superior returns and a less stressful life,” he says. “Being all in during a bad tape is no fun.”</p>\n<p>His system is slow to get him out of the market, but quick to get him back in. Not even a 10% correction will necessarily move him out. He’s often buying those pullbacks. Getting back in fast makes sense, because recoveries off bottoms tend to happen fast.</p>\n<p>“The HCM-BuyLine takes all the emotion out of the process,” says Howard.</p>\n<p><b>Lesson #3: Don’t fight the tape</b></p>\n<p>This concept is one of the core pieces of wisdom from Marty Zweig’s classic book, “Winning on Wall Street.”</p>\n<p>“You have to stay on the right side of market,” agrees Howard. “If you try to trade long in a bad market, it is painful.”</p>\n<p>In other words, don’t try to be a hero.</p>\n<p>“Sometimes, not losing money is where you want to be,” he says.</p>\n<p>Likewise, don’t turn cautious just because the market hits new highs — like now. You should love new highs, because it is a sign of market strength that may likely endure.</p>\n<p><b>Lesson #4: Keep it simple</b></p>\n<p>As you’ll see below, Howard doesn’t use esoteric instruments such as derivatives, swaps or index options. He doesn’t even trade foreign stocks or currencies. This is refreshing for individual investors, because we have a harder time accessing those tools.</p>\n<p>“You don’t have to trade crazy stuff,” he says. “You can trade plain-vanilla ETFs and beat everybody out there.”</p>\n<p><b>Lesson #5: How to trade the current market</b></p>\n<p>First, be long.</p>\n<p>“The HCM-BuyLine is very positive. We are 100% in,” says Howard. “The market is broadening out. It is getting pretty exciting. We do not see it turn around any time soon. We are buying pullbacks.”</p>\n<p>One bullish signal is all the cash on the sidelines. “If there is any relief in Covid, we may see a big rally. We may end up with a great fall [season].”</p>\n<p>Howard uses momentum indicators to select stocks and ETFs, too. For sectors he favors the following.</p>\n<p>He likes health care, tradable through the iShares US HealthcareIYH,-0.04%and ProShares Ultra Health CareRXL,+0.12%ETFs. He’s turning more bullish on biotech, which he plays via the iShares Biotechnology ETFIBB,-0.11%.</p>\n<p>He likes consumer discretionary tradable through the iShares US Consumer ServicesIYC,-0.30%,and airlines via US Global JetsJETS,-1.17%.He also likes tech exposure via the Invesco QQQ TrustQQQ,+0.31%,iShares US TechnologyIYW,+0.50%and&nbsp;iShares SemiconductorSOXX,+0.75%.</p>\n<p>He likes small-caps via the Vanguard Small-Cap Growth Index FundVBK,+0.07%.And convertible bonds via SPDR Bloomberg Barclays Convertible SecuritiesCWB,+0.64%and iShares Convertible BondICVT,+0.37%.</p>\n<p>As for individual names, he singles out MicrosoftMSFT,-0.00%and AppleAAPL,+0.42%in tech, as well as Amazon.comAMZN,+0.43%and TeslaTSLA,+0.16%.</p>\n<p>Also consider Howard’s two ETFs: The HCM Defender 100 IndexQQH,+0.62%and HCM Defender 500 IndexLGH,+1.32%.</p>\n<p>He prefers to add to holdings on 1%-3% dips.</p>\n<p><b>A few drawbacks</b></p>\n<p>His HCM Tactical Growth fund has a history of posting two-year stretches of underperformance of 1.5% to 8.8%, since it was launched in 2015. The fund then came roaring back to net the very positive five-year outperformance cited above. Investing in his system can require patience.</p>\n<p>Every manager, including Warren Buffett, can have a stretch of underperformance, says Howard.</p>\n<p>“We are in the odds game,” he says. “Even in the odds game, you can have a bad hand or two thrown at you.”</p>\n<p>Another challenge is the high turnover, which is 140% a year for Tactical Growth. This means Uncle Sam takes a big cut in the good years. So if you buy Howard’s funds, you may want to do so in a tax-protected account.</p>","source":"lsy1603348471595","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>Beat the market with this quant system that’s very bullish on stocks at record highs</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\">\nBeat the market with this quant system that’s very bullish on stocks at record highs\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-05 10:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/beat-the-market-with-this-quant-system-thats-very-bullish-on-stocks-at-record-highs-11630761531?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Vance Howard’s HCM Tactical Growth Fund moves you in and out of the stock market when prudent to do so. So far his team of computer scientists’ strategy has paid off.\n\nImagine you had a money-making ...</p>\n\n<a href=\"https://www.marketwatch.com/story/beat-the-market-with-this-quant-system-thats-very-bullish-on-stocks-at-record-highs-11630761531?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".SPX":"S&P 500 Index"},"source_url":"https://www.marketwatch.com/story/beat-the-market-with-this-quant-system-thats-very-bullish-on-stocks-at-record-highs-11630761531?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157895022","content_text":"Vance Howard’s HCM Tactical Growth Fund moves you in and out of the stock market when prudent to do so. So far his team of computer scientists’ strategy has paid off.\n\nImagine you had a money-making machine to harvest gains in the stock market while you sat back to enjoy life.\nThat’s everyone’s dream, right? Investor Vance Howard thinks he’s found it.\nHoward and his small army of computer programmers atHoward Capital Managementin Roswell, Ga., have a quantitative system that posts great returns.\nHis HCM Tactical Growth Fund HCMGX,+0.35%beats its Russell 1000 benchmark index and large-blend fund category by 8.5-10.4 percentage points annualized over the past five years, according to Morningstar. That is no small feat, and not only because it has to overcome a 2.22% fee. Beating the market is simply not easy. His HCM Dividend Sector PlusHCMQX,-0.05%) and HCM Income PlusHCMLX,+0.30%funds post similar outperformance.\nThere are drawbacks, which I detail below. (Among them: Potentially long stretches of underperformance and regular tax bills.) But first, what can we learn from this winner?\nSo-called quants never share all the details of their proprietary systems, but Howard shares a lot, as you’ll see. And this Texas rancher has a lot of good advice based on “horse sense” — not surprising, given his infectious passion for the markets, and his three decades of experience as a pro.\nHere are five lessons, 12 exchange traded funds (ETFs) and four stocks to consider, from a recent interview with him.\nLesson #1: Don’t be emotional\nIt’s no surprise so many people do poorly in the market. Evolution has programmed us to fail. For survival, we’ve learned to run from things that frightens us. And crave more of things that are pleasurable — like sweets or fats to store calories ahead of what might be a long stretch without food. But in the market, acting on the emotions of fear and greed invariably make us do the wrong thing at the wrong time. Sell at the bottom, buy at the top.\nLikewise, we’re programmed to believe being with the crowd brings safety. If you’re a zebra on the Savanna, you are more likely to get picked off by a predator if you go it alone. The problem here is being part of a crowd — and crowd psychology — dumb us down to a purely emotional level. This is why people in crowds do terrible things they would never do on their own. It doesn’t matter how smart you are. When you join a crowd, you lose a lot of IQ points. Base emotions take over.\nTo do well in the market, you have to counteract these tendencies. “One of the biggest mistakes individual investors and money managers make is getting emotional,” says Howard. “Let your emotions go.”\nLesson #2: Have a system and stick to it\nTo exorcise emotion, have a system. “And don’t second guess it,” says Howard. “This keeps you from letting the pandemic or Afghanistan scare you out of the market.” He calls his system the HCM-BuyLine. It is basically a momentum and trend-following system — which often works well in the markets.\nThe HCM-BuyLine basically works like this. First, rather than use the S&P 500SPX,-0.03%or the Dow Jones Industrial AverageDJIA,-0.21%,Howard blends several stock indices to create his own index. Then he uses a moving average that tells him whether the market is in an uptrend or downtrend.\nWhen the moving average drops 3.5%, he sells 35%. If it drops 6.5%, he sells another 35%. He rarely goes to 100% cash.\n“If the BuyLine is positive, we will stay long no matter what,” he says. “We take all the emotion out of the equation by letting the math decide.”\nRight now, it’s bullish. (More on this below.)\nYour system also has to tell you when to get back in.\n“That’s where most people screw up,” he says. “They get out of the market, and they don’t know when to get back in.” The HCM-BuyLine gives a buy signal when his custom index trades above its moving average for six consecutive sessions, and then goes on to trade above the high hit during those six days.\nYou don’t need a system that calls exact market tops or bottoms. Instead, the BuyLine keeps Howard out of down markets 85% of the time, and in for 85% of the good times.\n“If we can do that consistently, we have superior returns and a less stressful life,” he says. “Being all in during a bad tape is no fun.”\nHis system is slow to get him out of the market, but quick to get him back in. Not even a 10% correction will necessarily move him out. He’s often buying those pullbacks. Getting back in fast makes sense, because recoveries off bottoms tend to happen fast.\n“The HCM-BuyLine takes all the emotion out of the process,” says Howard.\nLesson #3: Don’t fight the tape\nThis concept is one of the core pieces of wisdom from Marty Zweig’s classic book, “Winning on Wall Street.”\n“You have to stay on the right side of market,” agrees Howard. “If you try to trade long in a bad market, it is painful.”\nIn other words, don’t try to be a hero.\n“Sometimes, not losing money is where you want to be,” he says.\nLikewise, don’t turn cautious just because the market hits new highs — like now. You should love new highs, because it is a sign of market strength that may likely endure.\nLesson #4: Keep it simple\nAs you’ll see below, Howard doesn’t use esoteric instruments such as derivatives, swaps or index options. He doesn’t even trade foreign stocks or currencies. This is refreshing for individual investors, because we have a harder time accessing those tools.\n“You don’t have to trade crazy stuff,” he says. “You can trade plain-vanilla ETFs and beat everybody out there.”\nLesson #5: How to trade the current market\nFirst, be long.\n“The HCM-BuyLine is very positive. We are 100% in,” says Howard. “The market is broadening out. It is getting pretty exciting. We do not see it turn around any time soon. We are buying pullbacks.”\nOne bullish signal is all the cash on the sidelines. “If there is any relief in Covid, we may see a big rally. We may end up with a great fall [season].”\nHoward uses momentum indicators to select stocks and ETFs, too. For sectors he favors the following.\nHe likes health care, tradable through the iShares US HealthcareIYH,-0.04%and ProShares Ultra Health CareRXL,+0.12%ETFs. He’s turning more bullish on biotech, which he plays via the iShares Biotechnology ETFIBB,-0.11%.\nHe likes consumer discretionary tradable through the iShares US Consumer ServicesIYC,-0.30%,and airlines via US Global JetsJETS,-1.17%.He also likes tech exposure via the Invesco QQQ TrustQQQ,+0.31%,iShares US TechnologyIYW,+0.50%and iShares SemiconductorSOXX,+0.75%.\nHe likes small-caps via the Vanguard Small-Cap Growth Index FundVBK,+0.07%.And convertible bonds via SPDR Bloomberg Barclays Convertible SecuritiesCWB,+0.64%and iShares Convertible BondICVT,+0.37%.\nAs for individual names, he singles out MicrosoftMSFT,-0.00%and AppleAAPL,+0.42%in tech, as well as Amazon.comAMZN,+0.43%and TeslaTSLA,+0.16%.\nAlso consider Howard’s two ETFs: The HCM Defender 100 IndexQQH,+0.62%and HCM Defender 500 IndexLGH,+1.32%.\nHe prefers to add to holdings on 1%-3% dips.\nA few drawbacks\nHis HCM Tactical Growth fund has a history of posting two-year stretches of underperformance of 1.5% to 8.8%, since it was launched in 2015. The fund then came roaring back to net the very positive five-year outperformance cited above. Investing in his system can require patience.\nEvery manager, including Warren Buffett, can have a stretch of underperformance, says Howard.\n“We are in the odds game,” he says. “Even in the odds game, you can have a bad hand or two thrown at you.”\nAnother challenge is the high turnover, which is 140% a year for Tactical Growth. This means Uncle Sam takes a big cut in the good years. So if you buy Howard’s funds, you may want to do so in a tax-protected account.","news_type":1},"isVote":1,"tweetType":1,"viewCount":652,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":815550461,"gmtCreate":1630705234653,"gmtModify":1676530378991,"author":{"id":"3575084008680468","authorId":"3575084008680468","name":"Hb_","avatar":"https://static.tigerbbs.com/2e6b4bec98a0dbb1567834e4f467227b","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575084008680468","authorIdStr":"3575084008680468"},"themes":[],"htmlText":"W","listText":"W","text":"W","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/815550461","repostId":"1105876391","repostType":4,"isVote":1,"tweetType":1,"viewCount":524,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4087949413245130","authorId":"4087949413245130","name":"HoSeyLiao48","avatar":"https://static.tigerbbs.com/8a9a7795aa16cbb122ca86630c428a3a","crmLevel":2,"crmLevelSwitch":0,"idStr":"4087949413245130","authorIdStr":"4087949413245130"},"content":"It sure can [money fan] [strong] [bullish] [bullish] [bullish] [soha] [dollar] [dollar]","text":"It sure can [money fan] [strong] [bullish] [bullish] [bullish] [soha] [dollar] [dollar]","html":"It sure can [money fan] [strong] [bullish] [bullish] [bullish] [soha] [dollar] [dollar]"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":815249398,"gmtCreate":1630682992014,"gmtModify":1676530376613,"author":{"id":"3575084008680468","authorId":"3575084008680468","name":"Hb_","avatar":"https://static.tigerbbs.com/2e6b4bec98a0dbb1567834e4f467227b","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575084008680468","authorIdStr":"3575084008680468"},"themes":[],"htmlText":"W","listText":"W","text":"W","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/815249398","repostId":"1105876391","repostType":4,"repost":{"id":"1105876391","kind":"news","pubTimestamp":1630680345,"share":"https://ttm.financial/m/news/1105876391?lang=&edition=fundamental","pubTime":"2021-09-03 22:45","market":"other","language":"en","title":"Bitcoin may be clearing resistance at 3-month high; Ether rallies to $4K","url":"https://stock-news.laohu8.com/highlight/detail?id=1105876391","media":"seekingalpha","summary":"Recently, Ethereum has been on a tear, surging ~130% from its trough in mid-July, but Bitcoin contin","content":"<ul>\n <li>Recently, Ethereum&nbsp;has been on a tear,&nbsp;surging ~130%&nbsp;from its trough in mid-July, but Bitcoin&nbsp;continues to underperform Ether's price growth,&nbsp;climbing a mere ~75%&nbsp;in the same time frame.</li>\n <li>Ether&nbsp;is clearly ahead of the game, rising to 3-month highs on Wednesday, while Bitcoin (BTC-USD) rose to its highest level in&nbsp;three months on Friday.</li>\n <li>If the price of BTC fully breaks out of strong $50K resistance, there may be a case of 'fear of missing out', or FOMO traders coming back into the crypto market to take advantage of any upside momentum, Forex Trader Christopher Lewis notes in a&nbsp;blog post.</li>\n <li>Bitcoin's (BTC-USD) network hash rate has also improved from its trough in end-June, standing at 129.2 exahashes per second, which is already up 5 EH/s from the start of the week, implying more upside for BTC if the hash rate continues to climb,&nbsp;Cointelegraph reports.</li>\n</ul>\n<ul>\n <li>Bitcoin&nbsp;is testing $51K, while ETH flirts with $4K level.</li>\n <li>Bitcoin-related&nbsp;stocks&nbsp;were&nbsp;moving&nbsp;higher,BTCM&nbsp;shares&nbsp;rose&nbsp;nearly&nbsp;10%.</li>\n</ul>\n<ul>\n <p></p>\n</ul>","source":"seekingalpha","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>Bitcoin may be clearing resistance at 3-month high; Ether rallies to $4K</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin may be clearing resistance at 3-month high; Ether rallies to $4K\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-03 22:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3737159-bitcoin-finally-soars-to-3-month-high-ether-rallies-to-4k><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Recently, Ethereum has been on a tear, surging ~130% from its trough in mid-July, but Bitcoin continues to underperform Ether's price growth, climbing a mere ~75% in the same time frame.\nEther is ...</p>\n\n<a href=\"https://seekingalpha.com/news/3737159-bitcoin-finally-soars-to-3-month-high-ether-rallies-to-4k\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BTCM":"BIT Mining","COIN":"Coinbase Global, Inc.","FTFT":"富册金融科技"},"source_url":"https://seekingalpha.com/news/3737159-bitcoin-finally-soars-to-3-month-high-ether-rallies-to-4k","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1105876391","content_text":"Recently, Ethereum has been on a tear, surging ~130% from its trough in mid-July, but Bitcoin continues to underperform Ether's price growth, climbing a mere ~75% in the same time frame.\nEther is clearly ahead of the game, rising to 3-month highs on Wednesday, while Bitcoin (BTC-USD) rose to its highest level in three months on Friday.\nIf the price of BTC fully breaks out of strong $50K resistance, there may be a case of 'fear of missing out', or FOMO traders coming back into the crypto market to take advantage of any upside momentum, Forex Trader Christopher Lewis notes in a blog post.\nBitcoin's (BTC-USD) network hash rate has also improved from its trough in end-June, standing at 129.2 exahashes per second, which is already up 5 EH/s from the start of the week, implying more upside for BTC if the hash rate continues to climb, Cointelegraph reports.\n\n\nBitcoin is testing $51K, while ETH flirts with $4K level.\nBitcoin-related stocks were moving higher,BTCM shares rose nearly 10%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":646,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":812191816,"gmtCreate":1630559870235,"gmtModify":1676530340520,"author":{"id":"3575084008680468","authorId":"3575084008680468","name":"Hb_","avatar":"https://static.tigerbbs.com/2e6b4bec98a0dbb1567834e4f467227b","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575084008680468","authorIdStr":"3575084008680468"},"themes":[],"htmlText":"W","listText":"W","text":"W","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/812191816","repostId":"2164481914","repostType":4,"repost":{"id":"2164481914","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":1630529217,"share":"https://ttm.financial/m/news/2164481914?lang=&edition=fundamental","pubTime":"2021-09-02 04:46","market":"us","language":"en","title":"Tech stocks send Nasdaq to fresh record close, boost S&P","url":"https://stock-news.laohu8.com/highlight/detail?id=2164481914","media":"Reuters","summary":"Gains for tech stocks, utilities and real estate.\nAugust private jobs growth misses expectations.\nIn","content":"<ul>\n <li>Gains for tech stocks, utilities and real estate.</li>\n <li>August private jobs growth misses expectations.</li>\n <li>Indexes: Dow falls 0.14%, S&amp;P up 0.03%, Nasdaq rises 0.33%.</li>\n</ul>\n<p>Sept 1 (Reuters) - The Nasdaq closed Wednesday at a record high, and the S&amp;P 500 rose but just missed a fresh peak, as September kicked off with renewed buying of technology stocks and private payrolls data, which supported the case for dovish monetary policy.</p>\n<p>Technology stocks , which tend to benefit from a low-rate environment, finished higher. Apple Inc rose 0.4% to its second-highest close, and <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc , Amazon.com Inc and Google-owner Alphabet Inc all advanced between 0.2% and 0.7%.</p>\n<p>Utilities and real estate - sectors considered as bond-proxies or defensive - were the top performers.</p>\n<p>\"Given there's going to be some choppiness in the economic recovery because of COVID, people will look for where they can find the best future growth potential,\" said Chris Graff, co-chief investment officer at RMB Capital.</p>\n<p>Wall Street's main indexes have hit record highs recently, with the benchmark S&amp;P 500 notching seven straight monthly gains as investors shrugged off risks around a rise in new coronavirus infections and hoped for the Fed to remain dovish in its policy stance.</p>\n<p>Each new data release though is viewed by investors through the prism of whether it could push the Fed to taper sooner rather than later.</p>\n<p>A report by ADP, published ahead of the U.S. government's more comprehensive employment report on Friday, showed private employers hired far fewer workers than expected in August.</p>\n<p>Another set of data on Wednesday showed U.S. manufacturing activity unexpectedly picked up in August amid strong order growth, but a measure of factory employment dropped to a nine-month low, likely as workers remained scarce.</p>\n<p>\"We've got the jobs report on Friday, but what's become more important is the job openings report next week and the CPI release after that, so a lot about employment and inflation in the next couple of weeks which will reset people's expectations for tapering and interest rates,\" Graff added.</p>\n<p>The Dow Jones Industrial Average fell 48.2 points, or 0.14%, to 35,312.53, the S&amp;P 500 gained 1.41 points, or 0.03%, to 4,524.09 and the Nasdaq Composite added 50.15 points, or 0.33%, to 15,309.38.</p>\n<p>Falling 1.5% on the day, and down for the third straight session, was the energy index.</p>\n<p>Crude prices were flat after OPEC and its allies agreed to stick to their existing policy of gradual output increases. However, the full extent of damage to U.S. energy infrastructure from Hurricane Ida is still being established&nbsp;More than 80% of oil and gas production in the Gulf of Mexico remains offline, while analysts have warned that restarting Louisiana refineries shut by the storm could take weeks and cost operators tens of millions of dollars in lost revenue.</p>\n<p><a href=\"https://laohu8.com/S/PBF\">PBF Energy</a> Inc , whose 190,000 barrel-per-day Chalmette, Louisiana, refinery lost power following the storm, slumped 6.8% on Wednesday, taking its losses this week to 11.2%.</p>\n<p>Volume on U.S. exchanges was 9.81 billion shares, compared with the 8.99 billion average for the full session over the last 20 trading days.</p>\n<p>The S&amp;P 500 posted 55 new 52-week highs and no new lows; the Nasdaq Composite recorded 131 new highs and 17 new lows.</p>\n<p>(Reporting by Shashank Nayar in Bengaluru and David French in New York; Editing by Aditya Soni and Lisa Shumaker)</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>Tech stocks send Nasdaq to fresh record close, boost S&P</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\">\nTech stocks send Nasdaq to fresh record close, boost S&P\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\">2021-09-02 04:46</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul>\n <li>Gains for tech stocks, utilities and real estate.</li>\n <li>August private jobs growth misses expectations.</li>\n <li>Indexes: Dow falls 0.14%, S&amp;P up 0.03%, Nasdaq rises 0.33%.</li>\n</ul>\n<p>Sept 1 (Reuters) - The Nasdaq closed Wednesday at a record high, and the S&amp;P 500 rose but just missed a fresh peak, as September kicked off with renewed buying of technology stocks and private payrolls data, which supported the case for dovish monetary policy.</p>\n<p>Technology stocks , which tend to benefit from a low-rate environment, finished higher. Apple Inc rose 0.4% to its second-highest close, and <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc , Amazon.com Inc and Google-owner Alphabet Inc all advanced between 0.2% and 0.7%.</p>\n<p>Utilities and real estate - sectors considered as bond-proxies or defensive - were the top performers.</p>\n<p>\"Given there's going to be some choppiness in the economic recovery because of COVID, people will look for where they can find the best future growth potential,\" said Chris Graff, co-chief investment officer at RMB Capital.</p>\n<p>Wall Street's main indexes have hit record highs recently, with the benchmark S&amp;P 500 notching seven straight monthly gains as investors shrugged off risks around a rise in new coronavirus infections and hoped for the Fed to remain dovish in its policy stance.</p>\n<p>Each new data release though is viewed by investors through the prism of whether it could push the Fed to taper sooner rather than later.</p>\n<p>A report by ADP, published ahead of the U.S. government's more comprehensive employment report on Friday, showed private employers hired far fewer workers than expected in August.</p>\n<p>Another set of data on Wednesday showed U.S. manufacturing activity unexpectedly picked up in August amid strong order growth, but a measure of factory employment dropped to a nine-month low, likely as workers remained scarce.</p>\n<p>\"We've got the jobs report on Friday, but what's become more important is the job openings report next week and the CPI release after that, so a lot about employment and inflation in the next couple of weeks which will reset people's expectations for tapering and interest rates,\" Graff added.</p>\n<p>The Dow Jones Industrial Average fell 48.2 points, or 0.14%, to 35,312.53, the S&amp;P 500 gained 1.41 points, or 0.03%, to 4,524.09 and the Nasdaq Composite added 50.15 points, or 0.33%, to 15,309.38.</p>\n<p>Falling 1.5% on the day, and down for the third straight session, was the energy index.</p>\n<p>Crude prices were flat after OPEC and its allies agreed to stick to their existing policy of gradual output increases. However, the full extent of damage to U.S. energy infrastructure from Hurricane Ida is still being established&nbsp;More than 80% of oil and gas production in the Gulf of Mexico remains offline, while analysts have warned that restarting Louisiana refineries shut by the storm could take weeks and cost operators tens of millions of dollars in lost revenue.</p>\n<p><a href=\"https://laohu8.com/S/PBF\">PBF Energy</a> Inc , whose 190,000 barrel-per-day Chalmette, Louisiana, refinery lost power following the storm, slumped 6.8% on Wednesday, taking its losses this week to 11.2%.</p>\n<p>Volume on U.S. exchanges was 9.81 billion shares, compared with the 8.99 billion average for the full session over the last 20 trading days.</p>\n<p>The S&amp;P 500 posted 55 new 52-week highs and no new lows; the Nasdaq Composite recorded 131 new highs and 17 new lows.</p>\n<p>(Reporting by Shashank Nayar in Bengaluru and David French in New York; Editing by Aditya Soni and Lisa Shumaker)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2164481914","content_text":"Gains for tech stocks, utilities and real estate.\nAugust private jobs growth misses expectations.\nIndexes: Dow falls 0.14%, S&P up 0.03%, Nasdaq rises 0.33%.\n\nSept 1 (Reuters) - The Nasdaq closed Wednesday at a record high, and the S&P 500 rose but just missed a fresh peak, as September kicked off with renewed buying of technology stocks and private payrolls data, which supported the case for dovish monetary policy.\nTechnology stocks , which tend to benefit from a low-rate environment, finished higher. Apple Inc rose 0.4% to its second-highest close, and Facebook Inc , Amazon.com Inc and Google-owner Alphabet Inc all advanced between 0.2% and 0.7%.\nUtilities and real estate - sectors considered as bond-proxies or defensive - were the top performers.\n\"Given there's going to be some choppiness in the economic recovery because of COVID, people will look for where they can find the best future growth potential,\" said Chris Graff, co-chief investment officer at RMB Capital.\nWall Street's main indexes have hit record highs recently, with the benchmark S&P 500 notching seven straight monthly gains as investors shrugged off risks around a rise in new coronavirus infections and hoped for the Fed to remain dovish in its policy stance.\nEach new data release though is viewed by investors through the prism of whether it could push the Fed to taper sooner rather than later.\nA report by ADP, published ahead of the U.S. government's more comprehensive employment report on Friday, showed private employers hired far fewer workers than expected in August.\nAnother set of data on Wednesday showed U.S. manufacturing activity unexpectedly picked up in August amid strong order growth, but a measure of factory employment dropped to a nine-month low, likely as workers remained scarce.\n\"We've got the jobs report on Friday, but what's become more important is the job openings report next week and the CPI release after that, so a lot about employment and inflation in the next couple of weeks which will reset people's expectations for tapering and interest rates,\" Graff added.\nThe Dow Jones Industrial Average fell 48.2 points, or 0.14%, to 35,312.53, the S&P 500 gained 1.41 points, or 0.03%, to 4,524.09 and the Nasdaq Composite added 50.15 points, or 0.33%, to 15,309.38.\nFalling 1.5% on the day, and down for the third straight session, was the energy index.\nCrude prices were flat after OPEC and its allies agreed to stick to their existing policy of gradual output increases. However, the full extent of damage to U.S. energy infrastructure from Hurricane Ida is still being established More than 80% of oil and gas production in the Gulf of Mexico remains offline, while analysts have warned that restarting Louisiana refineries shut by the storm could take weeks and cost operators tens of millions of dollars in lost revenue.\nPBF Energy Inc , whose 190,000 barrel-per-day Chalmette, Louisiana, refinery lost power following the storm, slumped 6.8% on Wednesday, taking its losses this week to 11.2%.\nVolume on U.S. exchanges was 9.81 billion shares, compared with the 8.99 billion average for the full session over the last 20 trading days.\nThe S&P 500 posted 55 new 52-week highs and no new lows; the Nasdaq Composite recorded 131 new highs and 17 new lows.\n(Reporting by Shashank Nayar in Bengaluru and David French in New York; Editing by Aditya Soni and Lisa Shumaker)","news_type":1},"isVote":1,"tweetType":1,"viewCount":462,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":816106460,"gmtCreate":1630473770250,"gmtModify":1676530313319,"author":{"id":"3575084008680468","authorId":"3575084008680468","name":"Hb_","avatar":"https://static.tigerbbs.com/2e6b4bec98a0dbb1567834e4f467227b","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575084008680468","authorIdStr":"3575084008680468"},"themes":[],"htmlText":"???","listText":"???","text":"???","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/816106460","repostId":"1139912608","repostType":2,"repost":{"id":"1139912608","kind":"news","pubTimestamp":1630454249,"share":"https://ttm.financial/m/news/1139912608?lang=&edition=fundamental","pubTime":"2021-09-01 07:57","market":"us","language":"en","title":"Here's Why Skillz Stock Suddenly Spiked Today","url":"https://stock-news.laohu8.com/highlight/detail?id=1139912608","media":"Motley Fool","summary":"Someone just made a multimillion-dollar bet on this company.\n\nWhat happened\nShares of mobile-gaming ","content":"<blockquote>\n <b>Someone just made a multimillion-dollar bet on this company.</b>\n</blockquote>\n<p><b>What happened</b></p>\n<p>Shares of mobile-gaming platform&nbsp;<b><a href=\"https://laohu8.com/S/SKLZ\">Skillz Inc</a></b> were trading modestly higher for most of Tuesday's session. But around 1:30 p.m. EDT, the stock suddenly spiked higher, seemingly out of nowhere. As of this writing, the stock is up 12%. After a little digging, it seems that some chatter on social news platform Reddit could be responsible for the jump.</p>\n<p><b>So what</b></p>\n<p>A Reddit user posted that they had purchased $4.8 million in Skillz stock.&nbsp;Normally, I'd be reluctant to mention something like this. But there's no other news from Skillz today. Moreover, the time of the Reddit post roughly corresponds to the jump in Skillz stock. Therefore, this possibility can't be dismissed.</p>\n<p>To be clear, one Reddit user likely can't move Skillz stock this much on their own. But as we've seen with other stocks in 2021, a strong vote of confidence on Reddit can inspire many other investors to also purchase shares. And this combined effort can cause a stock to make moves.</p>\n<p><b>Now what</b></p>\n<p>Wondering if you should join the new wave of Skillz investors? I'll leave you with two thoughts. First, I wouldn't recommend ever buying or selling a stock based solely on what someone else is doing. At a minimum, you should know what the company does, and you should have a basic understanding of how its business model can create shareholder value over time.</p>\n<p>Second, remember that not everyone is playing the same game when it comes to the stock market. Someone might make a multimillion-dollar bet, but you don't know their personal financial situation or how long they plan to hold. When it comes to my approach, I'm interested in building adiversified portfolioof stocks that Ihold for many years. This strategy allows me to take advantage of the stock market's upward bias over time and also compensates for my own fallibility. This is the game I think other investors should be playing too.</p>\n<p>For the record, I'm a satisfied Skillz shareholder, and I believe it'sa company you should get to know. That said, I'd suggest investors<i>not</i>make rash buying decisions based on social media hype. If Skillz is a great long-term opportunity, it will still be there afteryou've done some research.</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>Here's Why Skillz Stock Suddenly Spiked Today</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\">\nHere's Why Skillz Stock Suddenly Spiked Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-01 07:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/08/31/heres-why-skillz-stock-suddenly-spiked-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Someone just made a multimillion-dollar bet on this company.\n\nWhat happened\nShares of mobile-gaming platform Skillz Inc were trading modestly higher for most of Tuesday's session. But around 1:30 p.m....</p>\n\n<a href=\"https://www.fool.com/investing/2021/08/31/heres-why-skillz-stock-suddenly-spiked-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SKLZ":"Skillz Inc"},"source_url":"https://www.fool.com/investing/2021/08/31/heres-why-skillz-stock-suddenly-spiked-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139912608","content_text":"Someone just made a multimillion-dollar bet on this company.\n\nWhat happened\nShares of mobile-gaming platform Skillz Inc were trading modestly higher for most of Tuesday's session. But around 1:30 p.m. EDT, the stock suddenly spiked higher, seemingly out of nowhere. As of this writing, the stock is up 12%. After a little digging, it seems that some chatter on social news platform Reddit could be responsible for the jump.\nSo what\nA Reddit user posted that they had purchased $4.8 million in Skillz stock. Normally, I'd be reluctant to mention something like this. But there's no other news from Skillz today. Moreover, the time of the Reddit post roughly corresponds to the jump in Skillz stock. Therefore, this possibility can't be dismissed.\nTo be clear, one Reddit user likely can't move Skillz stock this much on their own. But as we've seen with other stocks in 2021, a strong vote of confidence on Reddit can inspire many other investors to also purchase shares. And this combined effort can cause a stock to make moves.\nNow what\nWondering if you should join the new wave of Skillz investors? I'll leave you with two thoughts. First, I wouldn't recommend ever buying or selling a stock based solely on what someone else is doing. At a minimum, you should know what the company does, and you should have a basic understanding of how its business model can create shareholder value over time.\nSecond, remember that not everyone is playing the same game when it comes to the stock market. Someone might make a multimillion-dollar bet, but you don't know their personal financial situation or how long they plan to hold. When it comes to my approach, I'm interested in building adiversified portfolioof stocks that Ihold for many years. This strategy allows me to take advantage of the stock market's upward bias over time and also compensates for my own fallibility. This is the game I think other investors should be playing too.\nFor the record, I'm a satisfied Skillz shareholder, and I believe it'sa company you should get to know. That said, I'd suggest investorsnotmake rash buying decisions based on social media hype. If Skillz is a great long-term opportunity, it will still be there afteryou've done some research.","news_type":1},"isVote":1,"tweetType":1,"viewCount":167,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":811268420,"gmtCreate":1630327600060,"gmtModify":1676530269764,"author":{"id":"3575084008680468","authorId":"3575084008680468","name":"Hb_","avatar":"https://static.tigerbbs.com/2e6b4bec98a0dbb1567834e4f467227b","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575084008680468","authorIdStr":"3575084008680468"},"themes":[],"htmlText":"W","listText":"W","text":"W","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/811268420","repostId":"2163776380","repostType":4,"repost":{"id":"2163776380","kind":"news","pubTimestamp":1630268536,"share":"https://ttm.financial/m/news/2163776380?lang=&edition=fundamental","pubTime":"2021-08-30 04:22","market":"other","language":"en","title":"August jobs report, Consumer confidence: What to know this week","url":"https://stock-news.laohu8.com/highlight/detail?id=2163776380","media":"Yahoo Finance","summary":"New data on the U.S. labor market will be in focus this week, offering an updated look at how economic activity has been impacted as the spread of the Delta variant ramped up in the U.S. over the summer.The Labor Department's August jobs report will be the marquee economic report out this week. Consensus economists expect to see that a still-robust 750,000 jobs came back in August, according to Bloomberg data. This would represent a significant print by pre-pandemic standards, but still mark a d","content":"<p>New data on the U.S. labor market will be in focus this week, offering an updated look at how economic activity has been impacted as the spread of the Delta variant ramped up in the U.S. over the summer.</p>\n<p>The Labor Department's August jobs report will be the marquee economic report out this week. Consensus economists expect to see that a still-robust 750,000 jobs came back in August, according to Bloomberg data. This would represent a significant print by pre-pandemic standards, but still mark a deceleration from July's increase of 943,000 jobs. The unemployment rate likely improved further, reaching 5.2% from the 5.4% reported during July.</p>\n<p>The August jobs report is set to be an especially telling report, capturing the impact of the latest surge in coronavirus cases on the U.S. labor market. Other recent economic reports already began to reflect the Delta variant impacts on activity: Job creation in the U.S. services sector slowed by the most since February, while manufacturing sector workforce numbers increased by the least since last year, according to IHS <a href=\"https://laohu8.com/S/MRKT\">Markit</a>'s latest purchasing managers' index reports.</p>\n<p>\"High frequency labor market data are signaling a marked slowdown in employment activity in the August payroll survey week, suggesting downside risk to our forecast,\" Bank of America economist Michelle Meyer wrote in a note on Friday, adding that she expects non-farm payrolls to grow by just 600,000 for August.</p>\n<p>\"Our below-consensus non-farm payrolls forecast is predicated on the markedly weaker high frequency employment data between the July and August payroll survey periods,\" Meyer added. \"Specifically, the Homebase and UKG employment series were both down 3.4% and 2.4%, respectively, over the month.\"</p>\n<p>The outcome of the August jobs report will also be another closely watched data point informing the Federal Reserve's next moves on monetary policy, signaling whether the labor market has recovered enough to warrant a less accommodative tilt. Namely, many Fed officials have been waiting to see the evolution of the labor market recovery to determine the timing for the central bank to announce tapering of its $120 billion per month asset purchase program.</p>\n<p>Last week, Federal Reserve Chair Jerome Powell said during the central bank's virtual Jackson Hole symposium that there has \"been clear progress toward maximum employment\" and suggested \"it could be appropriate to start reducing the pace of asset purchases this year\" if the recovery continues to improve.</p>\n<p>However, he also flagged the ongoing risks introduced by the Delta variant, and added that an \"ill-time policy move\" could knock the recovery off its trajectory.</p>\n<p><img src=\"https://static.tigerbbs.com/67ac641337acd82a0408b6109dad21f9\" tg-width=\"5505\" tg-height=\"3655\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\">NEW YORK, NEW YORK - MAY 27: People walk near Little Island park on May 27, 2021 in New York City. On May 19, all pandemic restrictions, including mask mandates, social distancing guidelines, venue capacities and restaurant curfews were lifted by New York Governor Andrew Cuomo. (Photo by Noam Galai/Getty Images)Noam Galai via Getty Images</p>\n<p>\"Given the emphasis that Powell and other FOMC members have placed on incoming data — especially on the labor market — the payrolls report will probably take on even greater importance than usual,\" Jonas Goltermann, senior markets economist for Capital Economics, wrote in a note on Friday. \"We expect another robust increase in U.S. employment,\"</p>\n<p>Other data in Friday's jobs report will include average hourly wage changes. These are expected to grow 0.3% over last month and 4.0% over last year, with these paces remaining roughly unchanged compared to July. The increases are set to come as job growth slows across lower-wage roles after an initial reopening surge in hiring in the spring and early summer, and as worker shortages push up compensation costs across many firms.</p>\n<h3>Consumer confidence</h3>\n<p>Other economic data due for release this week will reflect consumers' assessments of the recovery.</p>\n<p>The Conference Board's consumer confidence index is set for release on Tuesday, with a drop baked into the forecast. Consensus economists expect the index to slip to 123.0 for August, down from 129.1 in July, according to Bloomberg data. July's print had been the highest since February 2020, marking a rebound in confidence back to pre-pandemic levels.</p>\n<p>The Conference Board's labor differential, or difference between those who said jobs are \"plentiful\" less those who said jobs were \"hard to get,\" also increased to the most since 2000 in last month's report, pointing to the abundance of job openings as employers seek out workers to meet rising demand.</p>\n<p>Consumer confidence and sentiment indices have been monitored closely this year as a gauge of the outlook among Americans at large, pointing to consumers' propensity to spend and presaging demand trends for goods, services and labor down the line. The data have been bumpy in recent months, however, and have ebbed and flowed largely in line with COVID-19 infection trends.</p>\n<p>The latest surge in the Delta variant catalyzed a collapse in the University of Michigan's Surveys of Consumers index for August, suggesting the Conference Board's measure might also see a similar dip for the month. The University of Michigan's consumer sentiment index slid to a 10-year low in August, plunging to 70.3 from July's 81.2.</p>\n<p>\"Consumers' extreme reactions were due to the surging Delta variant, higher inflation, slower wage growth, and smaller declines in unemployment,\" Richard Curtin, Surveys of Consumers chief economist, wrote in a press statement. \"The extraordinary falloff in sentiment also reflects an emotional response, from dashed hopes that the pandemic would soon end and lives could return to normal.\"</p>\n<h3>Economic calendar</h3>\n<ul>\n <li><p><b>Monday: </b>Pending home sales, month-over-month, July (0.4% expected, -1.9% in June); Dallas Fed Manufacturing Activity index, August (23.0 expected, 27.3 in July)</p></li>\n <li><p><b>Tuesday: </b>FHFA Home Price index, month-over-month, June (1.9% expected, 1.7% in May); S&amp;P <a href=\"https://laohu8.com/S/CLGX\">CoreLogic</a> Case-Shiller 20-City index, month-over-month, June (1.87% expected, 1.81% in May); S&amp;P CoreLogic Case-Shiller 20-City index, year-over-year, June (18.60% expected, 16.99% in May); MNI Chicago PMI, August (68.0 expected, 73.4 in July); Conference Board Consumer Confidence, August (123.4 expected, 129.1 in July)</p></li>\n <li><p><b>Wednesday: </b>MBA Mortgage Applications, week ended August 27 (1.6% during prior week); ADP employment change, August (650,000 expected, 330,000 in July); Markit U.S. Manufacturing PMI, August final (61.2 expected, 61.2 in prior print); Construction spending, month-over-month (0.2% expected, 0.1% in June); ISM Manufacturing index, August (58.5 expected, 59.5 in July)</p></li>\n <li><p><b>Thursday: </b>Challenger Job Cuts, year-over-year, August (-92.8% in July); Initial jobless claims, week ended August 28 (346,000 expected, 353,000 during prior week); Continuing claims, week ended August 21 (2.862 million during prior week); Unit labor costs, 2Q final (1.0% expected, 1.0% in prior print); Trade balance, July (-$74.1 billion expected, -$75.7 billion in June); Factory orders, July (0.3% expected, 1.5% in June); Durable goods orders, July final (-0.1% in prior print); Non-defense capital goods orders, excluding aircraft, July final (0.0% in prior print); Non-defense capital goods shipments, July final (1.0% in prior print)</p></li>\n <li><p><b>Friday: </b>Change in non-farm payrolls, August (750,000 expected, 943,000 in July); Change in manufacturing payrolls, August (700,000 expected, 703,000 in July); Unemployment rate, August (5.2% expected, 5.4% in July); Average hourly earnings, month-over-month, August (0.3% expected, 0.4% in July); Average hourly earnings, year-over-year, August (3.9% expected, 4.0% in July); Markit U.S. services PMI, August final (55.2 expected, 55.2 in prior print); Markit U.S. composite PMI, August final (55.4 in prior print); ISM Services Index, August (62.0 expected, 64.1 in July)</p></li>\n</ul>\n<h2>Earnings calendar</h2>\n<ul>\n <li><p><b>Monday: </b><a href=\"https://laohu8.com/S/ZM\">Zoom</a> Video Communications (ZM) after market close</p></li>\n <li><p><b>Tuesday: </b>Crowdstrike (CRWD) after market close</p></li>\n <li><p><b>Wednesday: </b>Campbell Soup (CPB) before market open; Okta (OKTA), Chewy (CHWY), C3.ai (AI), Asana (ASAN) after market close</p></li>\n <li><p><b>Thursday: </b>American Eagle Outfitters (AEO) before market open; Broadcom (AVGO), DocuSign (DOCU), MongoDB (MDB) after market close</p></li>\n <li><p><b>Friday:</b><i> </i>No notable reports scheduled for release</p></li>\n</ul>","source":"yahoofinance_au","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>August jobs report, Consumer confidence: What to know this week</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; 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}\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\">\nAugust jobs report, Consumer confidence: What to know this week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-30 04:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/august-jobs-report-consumer-confidence-what-to-know-this-week-202216254.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New data on the U.S. labor market will be in focus this week, offering an updated look at how economic activity has been impacted as the spread of the Delta variant ramped up in the U.S. over the ...</p>\n\n<a href=\"https://finance.yahoo.com/news/august-jobs-report-consumer-confidence-what-to-know-this-week-202216254.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/650fad7fca15e203aa26611c0dfb8d62","relate_stocks":{"WMT":"沃尔玛","SPY.AU":"SPDR® S&P 500® ETF Trust","XRT":"零售指数ETF-SPDR标普","TGT":"塔吉特"},"source_url":"https://finance.yahoo.com/news/august-jobs-report-consumer-confidence-what-to-know-this-week-202216254.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2163776380","content_text":"New data on the U.S. labor market will be in focus this week, offering an updated look at how economic activity has been impacted as the spread of the Delta variant ramped up in the U.S. over the summer.\nThe Labor Department's August jobs report will be the marquee economic report out this week. Consensus economists expect to see that a still-robust 750,000 jobs came back in August, according to Bloomberg data. This would represent a significant print by pre-pandemic standards, but still mark a deceleration from July's increase of 943,000 jobs. The unemployment rate likely improved further, reaching 5.2% from the 5.4% reported during July.\nThe August jobs report is set to be an especially telling report, capturing the impact of the latest surge in coronavirus cases on the U.S. labor market. Other recent economic reports already began to reflect the Delta variant impacts on activity: Job creation in the U.S. services sector slowed by the most since February, while manufacturing sector workforce numbers increased by the least since last year, according to IHS Markit's latest purchasing managers' index reports.\n\"High frequency labor market data are signaling a marked slowdown in employment activity in the August payroll survey week, suggesting downside risk to our forecast,\" Bank of America economist Michelle Meyer wrote in a note on Friday, adding that she expects non-farm payrolls to grow by just 600,000 for August.\n\"Our below-consensus non-farm payrolls forecast is predicated on the markedly weaker high frequency employment data between the July and August payroll survey periods,\" Meyer added. \"Specifically, the Homebase and UKG employment series were both down 3.4% and 2.4%, respectively, over the month.\"\nThe outcome of the August jobs report will also be another closely watched data point informing the Federal Reserve's next moves on monetary policy, signaling whether the labor market has recovered enough to warrant a less accommodative tilt. Namely, many Fed officials have been waiting to see the evolution of the labor market recovery to determine the timing for the central bank to announce tapering of its $120 billion per month asset purchase program.\nLast week, Federal Reserve Chair Jerome Powell said during the central bank's virtual Jackson Hole symposium that there has \"been clear progress toward maximum employment\" and suggested \"it could be appropriate to start reducing the pace of asset purchases this year\" if the recovery continues to improve.\nHowever, he also flagged the ongoing risks introduced by the Delta variant, and added that an \"ill-time policy move\" could knock the recovery off its trajectory.\nNEW YORK, NEW YORK - MAY 27: People walk near Little Island park on May 27, 2021 in New York City. On May 19, all pandemic restrictions, including mask mandates, social distancing guidelines, venue capacities and restaurant curfews were lifted by New York Governor Andrew Cuomo. (Photo by Noam Galai/Getty Images)Noam Galai via Getty Images\n\"Given the emphasis that Powell and other FOMC members have placed on incoming data — especially on the labor market — the payrolls report will probably take on even greater importance than usual,\" Jonas Goltermann, senior markets economist for Capital Economics, wrote in a note on Friday. \"We expect another robust increase in U.S. employment,\"\nOther data in Friday's jobs report will include average hourly wage changes. These are expected to grow 0.3% over last month and 4.0% over last year, with these paces remaining roughly unchanged compared to July. The increases are set to come as job growth slows across lower-wage roles after an initial reopening surge in hiring in the spring and early summer, and as worker shortages push up compensation costs across many firms.\nConsumer confidence\nOther economic data due for release this week will reflect consumers' assessments of the recovery.\nThe Conference Board's consumer confidence index is set for release on Tuesday, with a drop baked into the forecast. Consensus economists expect the index to slip to 123.0 for August, down from 129.1 in July, according to Bloomberg data. July's print had been the highest since February 2020, marking a rebound in confidence back to pre-pandemic levels.\nThe Conference Board's labor differential, or difference between those who said jobs are \"plentiful\" less those who said jobs were \"hard to get,\" also increased to the most since 2000 in last month's report, pointing to the abundance of job openings as employers seek out workers to meet rising demand.\nConsumer confidence and sentiment indices have been monitored closely this year as a gauge of the outlook among Americans at large, pointing to consumers' propensity to spend and presaging demand trends for goods, services and labor down the line. The data have been bumpy in recent months, however, and have ebbed and flowed largely in line with COVID-19 infection trends.\nThe latest surge in the Delta variant catalyzed a collapse in the University of Michigan's Surveys of Consumers index for August, suggesting the Conference Board's measure might also see a similar dip for the month. The University of Michigan's consumer sentiment index slid to a 10-year low in August, plunging to 70.3 from July's 81.2.\n\"Consumers' extreme reactions were due to the surging Delta variant, higher inflation, slower wage growth, and smaller declines in unemployment,\" Richard Curtin, Surveys of Consumers chief economist, wrote in a press statement. \"The extraordinary falloff in sentiment also reflects an emotional response, from dashed hopes that the pandemic would soon end and lives could return to normal.\"\nEconomic calendar\n\nMonday: Pending home sales, month-over-month, July (0.4% expected, -1.9% in June); Dallas Fed Manufacturing Activity index, August (23.0 expected, 27.3 in July)\nTuesday: FHFA Home Price index, month-over-month, June (1.9% expected, 1.7% in May); S&P CoreLogic Case-Shiller 20-City index, month-over-month, June (1.87% expected, 1.81% in May); S&P CoreLogic Case-Shiller 20-City index, year-over-year, June (18.60% expected, 16.99% in May); MNI Chicago PMI, August (68.0 expected, 73.4 in July); Conference Board Consumer Confidence, August (123.4 expected, 129.1 in July)\nWednesday: MBA Mortgage Applications, week ended August 27 (1.6% during prior week); ADP employment change, August (650,000 expected, 330,000 in July); Markit U.S. Manufacturing PMI, August final (61.2 expected, 61.2 in prior print); Construction spending, month-over-month (0.2% expected, 0.1% in June); ISM Manufacturing index, August (58.5 expected, 59.5 in July)\nThursday: Challenger Job Cuts, year-over-year, August (-92.8% in July); Initial jobless claims, week ended August 28 (346,000 expected, 353,000 during prior week); Continuing claims, week ended August 21 (2.862 million during prior week); Unit labor costs, 2Q final (1.0% expected, 1.0% in prior print); Trade balance, July (-$74.1 billion expected, -$75.7 billion in June); Factory orders, July (0.3% expected, 1.5% in June); Durable goods orders, July final (-0.1% in prior print); Non-defense capital goods orders, excluding aircraft, July final (0.0% in prior print); Non-defense capital goods shipments, July final (1.0% in prior print)\nFriday: Change in non-farm payrolls, August (750,000 expected, 943,000 in July); Change in manufacturing payrolls, August (700,000 expected, 703,000 in July); Unemployment rate, August (5.2% expected, 5.4% in July); Average hourly earnings, month-over-month, August (0.3% expected, 0.4% in July); Average hourly earnings, year-over-year, August (3.9% expected, 4.0% in July); Markit U.S. services PMI, August final (55.2 expected, 55.2 in prior print); Markit U.S. composite PMI, August final (55.4 in prior print); ISM Services Index, August (62.0 expected, 64.1 in July)\n\nEarnings calendar\n\nMonday: Zoom Video Communications (ZM) after market close\nTuesday: Crowdstrike (CRWD) after market close\nWednesday: Campbell Soup (CPB) before market open; Okta (OKTA), Chewy (CHWY), C3.ai (AI), Asana (ASAN) after market close\nThursday: American Eagle Outfitters (AEO) before market open; Broadcom (AVGO), DocuSign (DOCU), MongoDB (MDB) after market close\nFriday: No notable reports scheduled for release","news_type":1},"isVote":1,"tweetType":1,"viewCount":246,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":813199613,"gmtCreate":1630144164332,"gmtModify":1676530234472,"author":{"id":"3575084008680468","authorId":"3575084008680468","name":"Hb_","avatar":"https://static.tigerbbs.com/2e6b4bec98a0dbb1567834e4f467227b","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575084008680468","authorIdStr":"3575084008680468"},"themes":[],"htmlText":"E","listText":"E","text":"E","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/813199613","repostId":"2162733980","repostType":4,"repost":{"id":"2162733980","kind":"news","pubTimestamp":1630112394,"share":"https://ttm.financial/m/news/2162733980?lang=&edition=fundamental","pubTime":"2021-08-28 08:59","market":"us","language":"en","title":"Morgan Stanley Bought $240M Shares Of Grayscale Bitcoin Trust","url":"https://stock-news.laohu8.com/highlight/detail?id=2162733980","media":"Benzinga","summary":"What Happened: Investment banking giant Morgan Stanley (NYSE: MS) is now the second-largest sharehol","content":"<p><b>What Happened: </b>Investment banking giant <b><a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> </b>(NYSE: MS) is now the second-largest shareholder of the <b>Grayscale Bitcoin Trust </b>(OTCMKTS:&nbsp;GBTC) after ARK Investment Management.</p>\n<p>According to recent SEC filings, Morgan Stanley owns over 6.5 million shares of GBTC worth over $240 million at the time of writing.</p>\n<p>Cathie Wood’s ARK Invest funds currently own 9 million shares worth $350 million.</p>\n<p>Morgan Stanley’s GBTC holdings are spread out across a series of funds, of which the Morgan Stanley Insight Fund holds close to 1 million shares.</p>\n<p>The purchases over the past few months also demonstrate how significantly Morgan Stanley has increased its exposure to the leading digital asset.</p>\n<p>At the end of June, the firm reported holding 28,000 shares of GBTC worth around $800,000 at the time.</p>\n<p><b>What Else:</b> The Grayscale Bitcoin Trust itself holds over $31.24 billion of <b>Bitcoin </b>(CRYPTO: BTC) according to a recent update of its assets under management.</p>\n<p>The digital asset management firm had an overall AUM of over $43 billion at the time of writing, of which nearly $10 billion is held in the <b>Grayscale Ethereum Trust </b>(OTCMKTS:&nbsp;ETHE).</p>\n<p>Earlier this year, Grayscale revealed that it was 100% committed to converting its Bitcoin trust, which is currently the largest in the world, into an Exchange Traded Fund (ETF).</p>\n<p><b>Price Action:</b> At press time, GBTC shares was trading $39.15, up 3.52%. Bitcoin was up 3.66% over the past 24-hours, trading at a price of $48,976.</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>Morgan Stanley Bought $240M Shares Of Grayscale Bitcoin Trust</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\">\nMorgan Stanley Bought $240M Shares Of Grayscale Bitcoin Trust\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-28 08:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/morgan-stanley-bought-240m-shares-211654020.html><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What Happened: Investment banking giant Morgan Stanley (NYSE: MS) is now the second-largest shareholder of the Grayscale Bitcoin Trust (OTCMKTS: GBTC) after ARK Investment Management.\nAccording to ...</p>\n\n<a href=\"https://finance.yahoo.com/news/morgan-stanley-bought-240m-shares-211654020.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MS":"摩根士丹利"},"source_url":"https://finance.yahoo.com/news/morgan-stanley-bought-240m-shares-211654020.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2162733980","content_text":"What Happened: Investment banking giant Morgan Stanley (NYSE: MS) is now the second-largest shareholder of the Grayscale Bitcoin Trust (OTCMKTS: GBTC) after ARK Investment Management.\nAccording to recent SEC filings, Morgan Stanley owns over 6.5 million shares of GBTC worth over $240 million at the time of writing.\nCathie Wood’s ARK Invest funds currently own 9 million shares worth $350 million.\nMorgan Stanley’s GBTC holdings are spread out across a series of funds, of which the Morgan Stanley Insight Fund holds close to 1 million shares.\nThe purchases over the past few months also demonstrate how significantly Morgan Stanley has increased its exposure to the leading digital asset.\nAt the end of June, the firm reported holding 28,000 shares of GBTC worth around $800,000 at the time.\nWhat Else: The Grayscale Bitcoin Trust itself holds over $31.24 billion of Bitcoin (CRYPTO: BTC) according to a recent update of its assets under management.\nThe digital asset management firm had an overall AUM of over $43 billion at the time of writing, of which nearly $10 billion is held in the Grayscale Ethereum Trust (OTCMKTS: ETHE).\nEarlier this year, Grayscale revealed that it was 100% committed to converting its Bitcoin trust, which is currently the largest in the world, into an Exchange Traded Fund (ETF).\nPrice Action: At press time, GBTC shares was trading $39.15, up 3.52%. Bitcoin was up 3.66% over the past 24-hours, trading at a price of $48,976.","news_type":1},"isVote":1,"tweetType":1,"viewCount":219,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":819129557,"gmtCreate":1630046771579,"gmtModify":1676530209653,"author":{"id":"3575084008680468","authorId":"3575084008680468","name":"Hb_","avatar":"https://static.tigerbbs.com/2e6b4bec98a0dbb1567834e4f467227b","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575084008680468","authorIdStr":"3575084008680468"},"themes":[],"htmlText":"W","listText":"W","text":"W","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/819129557","repostId":"2162847016","repostType":4,"repost":{"id":"2162847016","kind":"news","pubTimestamp":1630008724,"share":"https://ttm.financial/m/news/2162847016?lang=&edition=fundamental","pubTime":"2021-08-27 04:12","market":"us","language":"en","title":"Wall Street loses ground, snapping rally on Afghanistan, Fed concerns","url":"https://stock-news.laohu8.com/highlight/detail?id=2162847016","media":"Reuters","summary":"NEW YORK, Aug 26 (Reuters) - Wall Street closed lower on Thursday, ending a streak of all-time closi","content":"<p>NEW YORK, Aug 26 (Reuters) - Wall Street closed lower on Thursday, ending a streak of all-time closing highs on concerns over developments in Afghanistan, while fears of a potential shift in U.S. Federal Reserve policy prompted a broad but shallow sell-off the day before the Jackson Hole Symposium.</p>\n<p>All three major U.S. stock indexes ended the session in the red, with the S&amp;P and the Nasdaq notching their first down day in six.</p>\n<p>The sell-off firmed after hawkish commentary from Dallas Fed President Robert Kaplan and a blast outside the Kabul airport in Afghanistan helped strengthen the risk-off sentiment.</p>\n<p>Kaplan, who is not currently a voting member of the Federal Open Markets Committee, said he believes the progress of economic recovery warrants tapering of the Fed's asset purchases to commence in October or shortly thereafter.</p>\n<p>Kaplan's remarks followed earlier comments from the St. Louis Fed President James Bullard, who said that the central bank is \"coalescing\" around a plan to begin tapering process.</p>\n<p>\"(Kaplan’s statements) caused a little confusion about the taper timeline, but in my opinion the equity markets are focused on geopolitical issues,\" said Megan Horneman, director of portfolio strategy at Verdence Capital Advisors in Hunt Valley, Maryland. \"There’s a flight to safety during geopolitical tensions.\"</p>\n<p>\"I am surprised the market the market hasn’t fallen more, given the fear that it could take focus away from (U.S. President Joe Biden's) domestic agenda,\" Horneman added.</p>\n<p>The economy grew at a slightly faster pace than originally reported in the second quarter, fully recovering its losses from the most abrupt downturn in U.S. history, according to the Commerce Department. But jobless claims, though still on a downward trajectory, ticked higher last week.</p>\n<p>The data did little to move the needle with respect to expectations that the Fed is unlikely tip its hand regarding the taper timeline when Chairman Jerome Powell unmutes and delivers his speech at Friday's virtual Jackson Hole Symposium.</p>\n<p>\"We’re going to see a lot of market participants analyze every word (Powell) uses, but at the end of the day, they will begin tapering,\" Horneman said. \"I’m more concerned about the speed at which they taper. What are they going to start with? That will give us a clearer indication as whether they’re getting more hawkish.\"</p>\n<p>The Dow Jones Industrial Average fell 192.38 points, or 0.54%, to 35,213.12, the S&amp;P 500 lost 26.19 points, or 0.58%, to 4,470 and the Nasdaq Composite dropped 96.05 points, or 0.64%, to 14,945.81.</p>\n<p>Of the 11 major sectors in the S&amp;P 500, all but real estate ended the session lower, with energy stocks suffering the steepest percentage loss.</p>\n<p>Discount retailers Dollar General Corp and Dollar Tree Inc slid 3.8% and 12.1%, respectively, after warning higher transportation costs will hurt their bottom lines.</p>\n<p>Coty Inc jumped 14.7% after the cosmetics firm said it expects to post full-year sales growth for the first time in three years.</p>\n<p>Salesforce.com Inc hiked its earnings forecast as the shift to a hybrid work model is expected to fuel strong demand. Its shares advanced 2.7%.</p>\n<p>NetApp Inc jumped 4.7% as brokerages raised their price targets in the wake of the cloud computing firm's better-than-expected 2022 earnings outlook.</p>\n<p>Declining issues outnumbered advancing ones on the NYSE by a 2.99-to-1 ratio; on Nasdaq, a 1.83-to-1 ratio favored decliners.</p>\n<p>The S&amp;P 500 posted 31 new 52-week highs and two new lows; the Nasdaq Composite recorded 82 new highs and 39 new lows.</p>\n<p>Volume on U.S. exchanges was 8.27 billion shares, compared with the 8.96 billion average over the last 20 trading days. (Reporting by Stephen Culp; Additional reporting by Devik Jain in Bengaluru Editing by Marguerita Choy)</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>Wall Street loses ground, snapping rally on Afghanistan, Fed concerns</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall Street loses ground, snapping rally on Afghanistan, Fed concerns\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-27 04:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/us-stocks-wall-street-loses-201204459.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK, Aug 26 (Reuters) - Wall Street closed lower on Thursday, ending a streak of all-time closing highs on concerns over developments in Afghanistan, while fears of a potential shift in U.S. ...</p>\n\n<a href=\"https://finance.yahoo.com/news/us-stocks-wall-street-loses-201204459.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","SH":"标普500反向ETF","IVV":"标普500指数ETF",".SPX":"S&P 500 Index","SSO":"两倍做多标普500ETF","SDS":"两倍做空标普500ETF","OEX":"标普100","COMP":"Compass, Inc.","UPRO":"三倍做多标普500ETF","SPXU":"三倍做空标普500ETF","OEF":"标普100指数ETF-iShares"},"source_url":"https://finance.yahoo.com/news/us-stocks-wall-street-loses-201204459.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2162847016","content_text":"NEW YORK, Aug 26 (Reuters) - Wall Street closed lower on Thursday, ending a streak of all-time closing highs on concerns over developments in Afghanistan, while fears of a potential shift in U.S. Federal Reserve policy prompted a broad but shallow sell-off the day before the Jackson Hole Symposium.\nAll three major U.S. stock indexes ended the session in the red, with the S&P and the Nasdaq notching their first down day in six.\nThe sell-off firmed after hawkish commentary from Dallas Fed President Robert Kaplan and a blast outside the Kabul airport in Afghanistan helped strengthen the risk-off sentiment.\nKaplan, who is not currently a voting member of the Federal Open Markets Committee, said he believes the progress of economic recovery warrants tapering of the Fed's asset purchases to commence in October or shortly thereafter.\nKaplan's remarks followed earlier comments from the St. Louis Fed President James Bullard, who said that the central bank is \"coalescing\" around a plan to begin tapering process.\n\"(Kaplan’s statements) caused a little confusion about the taper timeline, but in my opinion the equity markets are focused on geopolitical issues,\" said Megan Horneman, director of portfolio strategy at Verdence Capital Advisors in Hunt Valley, Maryland. \"There’s a flight to safety during geopolitical tensions.\"\n\"I am surprised the market the market hasn’t fallen more, given the fear that it could take focus away from (U.S. President Joe Biden's) domestic agenda,\" Horneman added.\nThe economy grew at a slightly faster pace than originally reported in the second quarter, fully recovering its losses from the most abrupt downturn in U.S. history, according to the Commerce Department. But jobless claims, though still on a downward trajectory, ticked higher last week.\nThe data did little to move the needle with respect to expectations that the Fed is unlikely tip its hand regarding the taper timeline when Chairman Jerome Powell unmutes and delivers his speech at Friday's virtual Jackson Hole Symposium.\n\"We’re going to see a lot of market participants analyze every word (Powell) uses, but at the end of the day, they will begin tapering,\" Horneman said. \"I’m more concerned about the speed at which they taper. What are they going to start with? That will give us a clearer indication as whether they’re getting more hawkish.\"\nThe Dow Jones Industrial Average fell 192.38 points, or 0.54%, to 35,213.12, the S&P 500 lost 26.19 points, or 0.58%, to 4,470 and the Nasdaq Composite dropped 96.05 points, or 0.64%, to 14,945.81.\nOf the 11 major sectors in the S&P 500, all but real estate ended the session lower, with energy stocks suffering the steepest percentage loss.\nDiscount retailers Dollar General Corp and Dollar Tree Inc slid 3.8% and 12.1%, respectively, after warning higher transportation costs will hurt their bottom lines.\nCoty Inc jumped 14.7% after the cosmetics firm said it expects to post full-year sales growth for the first time in three years.\nSalesforce.com Inc hiked its earnings forecast as the shift to a hybrid work model is expected to fuel strong demand. Its shares advanced 2.7%.\nNetApp Inc jumped 4.7% as brokerages raised their price targets in the wake of the cloud computing firm's better-than-expected 2022 earnings outlook.\nDeclining issues outnumbered advancing ones on the NYSE by a 2.99-to-1 ratio; on Nasdaq, a 1.83-to-1 ratio favored decliners.\nThe S&P 500 posted 31 new 52-week highs and two new lows; the Nasdaq Composite recorded 82 new highs and 39 new lows.\nVolume on U.S. exchanges was 8.27 billion shares, compared with the 8.96 billion average over the last 20 trading days. (Reporting by Stephen Culp; Additional reporting by Devik Jain in Bengaluru Editing by Marguerita Choy)","news_type":1},"isVote":1,"tweetType":1,"viewCount":299,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":810855039,"gmtCreate":1629965898021,"gmtModify":1676530186285,"author":{"id":"3575084008680468","authorId":"3575084008680468","name":"Hb_","avatar":"https://static.tigerbbs.com/2e6b4bec98a0dbb1567834e4f467227b","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575084008680468","authorIdStr":"3575084008680468"},"themes":[],"htmlText":"W","listText":"W","text":"W","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/810855039","repostId":"1124735983","repostType":4,"repost":{"id":"1124735983","kind":"news","pubTimestamp":1629963478,"share":"https://ttm.financial/m/news/1124735983?lang=&edition=fundamental","pubTime":"2021-08-26 15:37","market":"us","language":"en","title":"Palantir glitch gave unauthorized FBI employees access to data - NY Post","url":"https://stock-news.laohu8.com/highlight/detail?id=1124735983","media":"Seeking Alpha","summary":"A glitch in the default settings of Palantir Technologies Inc. (NYSE:PLTR)used by the FBI resulted i","content":"<p>A glitch in the default settings of <a href=\"https://laohu8.com/S/PLTR\">Palantir Technologies Inc.</a> (NYSE:PLTR)used by the FBI resulted in unauthorized agents and analysts viewing case materials for a hacker investigation, according to court document comments from federal prosecutors in New York.</p>\n<p><i>The New York Post</i>&nbsp;reports&nbsp;that social networking data collected during the investigation of accused hacker Virgil Griffith was entered into the Palantir software under the default settings that permitted access to FBI personal who weren't involved with the case but did have general access to the software.</p>\n<p>The prosecutors say four unauthorized FBI employees accessed the data a few times over more than a year before the problem was discovered. The agents and analysts who accessed the documents don't recall using the materials in other investigations, and the compromised evidence won't be presented during Griffith's trial.</p>\n<p>Palantir (PLTR) shares are currently down 3.6% to $24.19.</p>\n<p>Earlier this month, the data software company reported second-quarter earnings results that topped Wall Street estimates andraised its full-year forecast.</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>Palantir glitch gave unauthorized FBI employees access to data - NY Post</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\">\nPalantir glitch gave unauthorized FBI employees access to data - NY Post\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-26 15:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3734136-palantir-glitch-gave-unauthorized-fbi-employees-access-to-data-ny-post><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A glitch in the default settings of Palantir Technologies Inc. (NYSE:PLTR)used by the FBI resulted in unauthorized agents and analysts viewing case materials for a hacker investigation, according to ...</p>\n\n<a href=\"https://seekingalpha.com/news/3734136-palantir-glitch-gave-unauthorized-fbi-employees-access-to-data-ny-post\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"source_url":"https://seekingalpha.com/news/3734136-palantir-glitch-gave-unauthorized-fbi-employees-access-to-data-ny-post","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1124735983","content_text":"A glitch in the default settings of Palantir Technologies Inc. (NYSE:PLTR)used by the FBI resulted in unauthorized agents and analysts viewing case materials for a hacker investigation, according to court document comments from federal prosecutors in New York.\nThe New York Post reports that social networking data collected during the investigation of accused hacker Virgil Griffith was entered into the Palantir software under the default settings that permitted access to FBI personal who weren't involved with the case but did have general access to the software.\nThe prosecutors say four unauthorized FBI employees accessed the data a few times over more than a year before the problem was discovered. The agents and analysts who accessed the documents don't recall using the materials in other investigations, and the compromised evidence won't be presented during Griffith's trial.\nPalantir (PLTR) shares are currently down 3.6% to $24.19.\nEarlier this month, the data software company reported second-quarter earnings results that topped Wall Street estimates andraised its full-year forecast.","news_type":1},"isVote":1,"tweetType":1,"viewCount":310,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":837847491,"gmtCreate":1629878723513,"gmtModify":1676530160138,"author":{"id":"3575084008680468","authorId":"3575084008680468","name":"Hb_","avatar":"https://static.tigerbbs.com/2e6b4bec98a0dbb1567834e4f467227b","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575084008680468","authorIdStr":"3575084008680468"},"themes":[],"htmlText":"W","listText":"W","text":"W","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/837847491","repostId":"2162087564","repostType":4,"repost":{"id":"2162087564","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":1629836173,"share":"https://ttm.financial/m/news/2162087564?lang=&edition=fundamental","pubTime":"2021-08-25 04:16","market":"us","language":"en","title":"Wall St extends rally, pushing S&P 500 to 50th all-time high close this year","url":"https://stock-news.laohu8.com/highlight/detail?id=2162087564","media":"Reuters","summary":"NEW YORK, Aug 24 (Reuters) - Wall Street ended higher in a late-summer, light volume rally on Tuesda","content":"<p>NEW YORK, Aug 24 (Reuters) - Wall Street ended higher in a late-summer, light volume rally on Tuesday as the FDA's full approval of a COVID-19 vaccine on Monday and the absence of negative catalysts kept risk appetite alive ahead of the much-anticipated Jackson Hole Symposium.</p>\n<p>All three major U.S. stock indexes advanced higher, with the S&amp;P 500 and the Nasdaq closing at all-time closing highs.</p>\n<p>The session marked the S&amp;P 500's 50th record high close so far this year.</p>\n<p>Tech and tech-adjacent megacaps were once again doing the heavy lifting, but economically sensitive cyclicals and smallcaps&nbsp;outperformed the broader market.</p>\n<p>\"Investors are looking at the horizon at the big Jackson Hole meeting on the horizon,\" Ryan Detrick, senior market strategist at LPL Financial in Charlotte, North Carolina, referring to the Federal Reserve’s annual economic symposium on Friday. \"But for now the feel-good from yesterday’s vaccine news is still in the air.\"</p>\n<p>The Food and Drug Administration's full approval of the Pfizer-BioNTech COVID-19 vaccine on Monday fueled optimism over economic recovery which spilled into Tuesday's session.</p>\n<p>Travel and leisure sectors, associated with economic re-engagement, outperformed the broader market. The S&amp;P 1500 Airline and Hotel/Restaurant/Leisure indexes gained up 3.7% and 1.6%, respectively.</p>\n<p>\"We have energy, retail, travel, leisure, financials, and small caps all doing well today,\" Detrick said. \"And that’s a sign that the reopening is alive and well.\"</p>\n<p>Recent economic indicators suggest the recovery from the most abrupt recession in U.S. history is headed in the right direction, but not to the extent that is likely to prompt the Fed to tighten its dovish monetary policy.</p>\n<p>Fed Chair Jerome Powell is due to meet with other world bank leaders when the Jackson Hole Symposium convenes later this week, and his remarks will be closely parsed for any clues regarding the Fed's tapering of asset purchases and hiking key interest rates.</p>\n<p>The event will take place virtually and not in person due to the spread of COVID-19 in the county, which has reduced expectations that any major announcement will be made at the event.</p>\n<p>\"The fact that the Fed is having a virtual (Jackson Hole) meeting tells you that they might be thinking maybe they need to keep supporting the economy,\" said Detrick.</p>\n<p>The Dow Jones Industrial Average&nbsp;rose 30.55 points, or 0.09%, to 35,366.26, the S&amp;P 500&nbsp;gained 6.7 points, or 0.15%, to 4,486.23 and the Nasdaq Composite&nbsp;added 77.15 points, or 0.52%, to 15,019.80.</p>\n<p>Energy&nbsp;was the top gainer among the 11 major sectors in the S&amp;P 500, boosted by the continued rally in crude prices.</p>\n<p>Best Buy Co Inc&nbsp;jumped 8.3% after the electronics retailer beat analyst earnings expectations and raised its full year sales forecast.</p>\n<p>U.S.-listed shares of China-based e-commerce platform Pinduoduo Inc&nbsp;surged 22.2% after reporting its first ever quarterly profit.</p>\n<p>JD.com&nbsp;gained 14.4% in the wake of the Chinese online retailer's remarks on Monday that it does not expect any business impact from a wave of regulations hitting the industry at home.</p>\n<p>Other shares of Chinese companies listed on U.S. exchanges were bouncing back as well, with the Invesco Golden Dragon ETF&nbsp;jumping 8.0%.</p>\n<p>Cybersecurity firm <a href=\"https://laohu8.com/S/PANW\">Palo Alto Networks</a> Inc&nbsp;advanced18.6% as brokerages raised their price targets following its full-year forecast beat.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 2.17-to-1 ratio; on Nasdaq, a 1.82-to-1 ratio favored advancers.</p>\n<p>The S&amp;P 500 posted 28 new 52-week highs and <a href=\"https://laohu8.com/S/AONE.U\">one</a> new low; the Nasdaq Composite recorded 96 new highs and 37 new lows.</p>\n<p>Volume on U.S. exchanges was 8.97 billion shares, compared with the 9.08 billion average over the last 20 trading days.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall St extends rally, pushing S&P 500 to 50th all-time high close this year</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; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall St extends rally, pushing S&P 500 to 50th all-time high close this year\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\">2021-08-25 04:16</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>NEW YORK, Aug 24 (Reuters) - Wall Street ended higher in a late-summer, light volume rally on Tuesday as the FDA's full approval of a COVID-19 vaccine on Monday and the absence of negative catalysts kept risk appetite alive ahead of the much-anticipated Jackson Hole Symposium.</p>\n<p>All three major U.S. stock indexes advanced higher, with the S&amp;P 500 and the Nasdaq closing at all-time closing highs.</p>\n<p>The session marked the S&amp;P 500's 50th record high close so far this year.</p>\n<p>Tech and tech-adjacent megacaps were once again doing the heavy lifting, but economically sensitive cyclicals and smallcaps&nbsp;outperformed the broader market.</p>\n<p>\"Investors are looking at the horizon at the big Jackson Hole meeting on the horizon,\" Ryan Detrick, senior market strategist at LPL Financial in Charlotte, North Carolina, referring to the Federal Reserve’s annual economic symposium on Friday. \"But for now the feel-good from yesterday’s vaccine news is still in the air.\"</p>\n<p>The Food and Drug Administration's full approval of the Pfizer-BioNTech COVID-19 vaccine on Monday fueled optimism over economic recovery which spilled into Tuesday's session.</p>\n<p>Travel and leisure sectors, associated with economic re-engagement, outperformed the broader market. The S&amp;P 1500 Airline and Hotel/Restaurant/Leisure indexes gained up 3.7% and 1.6%, respectively.</p>\n<p>\"We have energy, retail, travel, leisure, financials, and small caps all doing well today,\" Detrick said. \"And that’s a sign that the reopening is alive and well.\"</p>\n<p>Recent economic indicators suggest the recovery from the most abrupt recession in U.S. history is headed in the right direction, but not to the extent that is likely to prompt the Fed to tighten its dovish monetary policy.</p>\n<p>Fed Chair Jerome Powell is due to meet with other world bank leaders when the Jackson Hole Symposium convenes later this week, and his remarks will be closely parsed for any clues regarding the Fed's tapering of asset purchases and hiking key interest rates.</p>\n<p>The event will take place virtually and not in person due to the spread of COVID-19 in the county, which has reduced expectations that any major announcement will be made at the event.</p>\n<p>\"The fact that the Fed is having a virtual (Jackson Hole) meeting tells you that they might be thinking maybe they need to keep supporting the economy,\" said Detrick.</p>\n<p>The Dow Jones Industrial Average&nbsp;rose 30.55 points, or 0.09%, to 35,366.26, the S&amp;P 500&nbsp;gained 6.7 points, or 0.15%, to 4,486.23 and the Nasdaq Composite&nbsp;added 77.15 points, or 0.52%, to 15,019.80.</p>\n<p>Energy&nbsp;was the top gainer among the 11 major sectors in the S&amp;P 500, boosted by the continued rally in crude prices.</p>\n<p>Best Buy Co Inc&nbsp;jumped 8.3% after the electronics retailer beat analyst earnings expectations and raised its full year sales forecast.</p>\n<p>U.S.-listed shares of China-based e-commerce platform Pinduoduo Inc&nbsp;surged 22.2% after reporting its first ever quarterly profit.</p>\n<p>JD.com&nbsp;gained 14.4% in the wake of the Chinese online retailer's remarks on Monday that it does not expect any business impact from a wave of regulations hitting the industry at home.</p>\n<p>Other shares of Chinese companies listed on U.S. exchanges were bouncing back as well, with the Invesco Golden Dragon ETF&nbsp;jumping 8.0%.</p>\n<p>Cybersecurity firm <a href=\"https://laohu8.com/S/PANW\">Palo Alto Networks</a> Inc&nbsp;advanced18.6% as brokerages raised their price targets following its full-year forecast beat.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 2.17-to-1 ratio; on Nasdaq, a 1.82-to-1 ratio favored advancers.</p>\n<p>The S&amp;P 500 posted 28 new 52-week highs and <a href=\"https://laohu8.com/S/AONE.U\">one</a> new low; the Nasdaq Composite recorded 96 new highs and 37 new lows.</p>\n<p>Volume on U.S. exchanges was 8.97 billion shares, compared with the 9.08 billion average over the last 20 trading days.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","OEX":"标普100",".SPX":"S&P 500 Index","SSO":"两倍做多标普500ETF","SDS":"两倍做空标普500ETF","OEF":"标普100指数ETF-iShares","SPY":"标普500ETF",".IXIC":"NASDAQ Composite","UPRO":"三倍做多标普500ETF",".DJI":"道琼斯","IVV":"标普500指数ETF","SH":"标普500反向ETF","SPXU":"三倍做空标普500ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2162087564","content_text":"NEW YORK, Aug 24 (Reuters) - Wall Street ended higher in a late-summer, light volume rally on Tuesday as the FDA's full approval of a COVID-19 vaccine on Monday and the absence of negative catalysts kept risk appetite alive ahead of the much-anticipated Jackson Hole Symposium.\nAll three major U.S. stock indexes advanced higher, with the S&P 500 and the Nasdaq closing at all-time closing highs.\nThe session marked the S&P 500's 50th record high close so far this year.\nTech and tech-adjacent megacaps were once again doing the heavy lifting, but economically sensitive cyclicals and smallcaps outperformed the broader market.\n\"Investors are looking at the horizon at the big Jackson Hole meeting on the horizon,\" Ryan Detrick, senior market strategist at LPL Financial in Charlotte, North Carolina, referring to the Federal Reserve’s annual economic symposium on Friday. \"But for now the feel-good from yesterday’s vaccine news is still in the air.\"\nThe Food and Drug Administration's full approval of the Pfizer-BioNTech COVID-19 vaccine on Monday fueled optimism over economic recovery which spilled into Tuesday's session.\nTravel and leisure sectors, associated with economic re-engagement, outperformed the broader market. The S&P 1500 Airline and Hotel/Restaurant/Leisure indexes gained up 3.7% and 1.6%, respectively.\n\"We have energy, retail, travel, leisure, financials, and small caps all doing well today,\" Detrick said. \"And that’s a sign that the reopening is alive and well.\"\nRecent economic indicators suggest the recovery from the most abrupt recession in U.S. history is headed in the right direction, but not to the extent that is likely to prompt the Fed to tighten its dovish monetary policy.\nFed Chair Jerome Powell is due to meet with other world bank leaders when the Jackson Hole Symposium convenes later this week, and his remarks will be closely parsed for any clues regarding the Fed's tapering of asset purchases and hiking key interest rates.\nThe event will take place virtually and not in person due to the spread of COVID-19 in the county, which has reduced expectations that any major announcement will be made at the event.\n\"The fact that the Fed is having a virtual (Jackson Hole) meeting tells you that they might be thinking maybe they need to keep supporting the economy,\" said Detrick.\nThe Dow Jones Industrial Average rose 30.55 points, or 0.09%, to 35,366.26, the S&P 500 gained 6.7 points, or 0.15%, to 4,486.23 and the Nasdaq Composite added 77.15 points, or 0.52%, to 15,019.80.\nEnergy was the top gainer among the 11 major sectors in the S&P 500, boosted by the continued rally in crude prices.\nBest Buy Co Inc jumped 8.3% after the electronics retailer beat analyst earnings expectations and raised its full year sales forecast.\nU.S.-listed shares of China-based e-commerce platform Pinduoduo Inc surged 22.2% after reporting its first ever quarterly profit.\nJD.com gained 14.4% in the wake of the Chinese online retailer's remarks on Monday that it does not expect any business impact from a wave of regulations hitting the industry at home.\nOther shares of Chinese companies listed on U.S. exchanges were bouncing back as well, with the Invesco Golden Dragon ETF jumping 8.0%.\nCybersecurity firm Palo Alto Networks Inc advanced18.6% as brokerages raised their price targets following its full-year forecast beat.\nAdvancing issues outnumbered declining ones on the NYSE by a 2.17-to-1 ratio; on Nasdaq, a 1.82-to-1 ratio favored advancers.\nThe S&P 500 posted 28 new 52-week highs and one new low; the Nasdaq Composite recorded 96 new highs and 37 new lows.\nVolume on U.S. exchanges was 8.97 billion shares, compared with the 9.08 billion average over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":202,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":837844117,"gmtCreate":1629878647939,"gmtModify":1676530159927,"author":{"id":"3575084008680468","authorId":"3575084008680468","name":"Hb_","avatar":"https://static.tigerbbs.com/2e6b4bec98a0dbb1567834e4f467227b","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575084008680468","authorIdStr":"3575084008680468"},"themes":[],"htmlText":"W","listText":"W","text":"W","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/837844117","repostId":"1125218103","repostType":4,"isVote":1,"tweetType":1,"viewCount":442,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":834616499,"gmtCreate":1629796388111,"gmtModify":1676530133952,"author":{"id":"3575084008680468","authorId":"3575084008680468","name":"Hb_","avatar":"https://static.tigerbbs.com/2e6b4bec98a0dbb1567834e4f467227b","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575084008680468","authorIdStr":"3575084008680468"},"themes":[],"htmlText":"W","listText":"W","text":"W","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/834616499","repostId":"1134241785","repostType":4,"repost":{"id":"1134241785","kind":"news","pubTimestamp":1629795330,"share":"https://ttm.financial/m/news/1134241785?lang=&edition=fundamental","pubTime":"2021-08-24 16:55","market":"us","language":"en","title":"Citi Sued for Profiting From Fund’s Demise as Covid Struck","url":"https://stock-news.laohu8.com/highlight/detail?id=1134241785","media":"Bloomberg","summary":"Citigroup faces London lawsuit over $263 million loan deal\nVer Capital says Citi sought profit, not ","content":"<ul>\n <li>Citigroup faces London lawsuit over $263 million loan deal</li>\n <li>Ver Capital says Citi sought profit, not best price for assets</li>\n</ul>\n<p>Citigroup Inc.&nbsp;is facing a lawsuit for pulling support from a European credit fund as the Covid-19 pandemic roiled the markets, then giving its own traders a potential profit at the fund’s expense.</p>\n<p>The New York-based bank was sued by&nbsp;Ver Capital Partners&nbsp;in London for forcing the fund to default on a 224 million-euro ($263 million) loan in March 2020 and selling linked assets to its trading desk. This liquidation process created a conflict of interest at the bank, while ignoring the chance of better offers from other possible buyers and leaving the fund further out of pocket, Ver said in a legal filing.</p>\n<p>Citigroup undervalued the assets it sold to the traders, acting “with the intention of generating a profit for itself” at the expense of “the best price reasonably obtainable,” Ver’s lawyers said in the filing made available last week.</p>\n<p>The dispute is a window into the chaos that coursed through financial markets as Covid-19 upended the global economy, leaving firms and&nbsp;regulators&nbsp;racing to contain turmoil that spanned from international money markets to small business loans.</p>\n<p><img src=\"https://static.tigerbbs.com/9b88f8a168f594f846e2ca164c377cb0\" tg-width=\"1200\" tg-height=\"675\" width=\"100%\" height=\"auto\"></p>\n<p>The Ver fund, managed by Milan-based Ver Capital, was among investors that piled into riskier debt issued by European corporations in the years leading up to the pandemic, attracted by their returns in an era of rock-bottom interest rates. Citigroup agreed to finance the firm’s bets on leveraged loans -- high-yield debts often used in mergers and acquisitions -- and increased the size of its facility three-fold by the end of February, according to the claim.</p>\n<p>Although leveraged loans had steadily gained in value over the prior decade, that run came to a shuddering halt in March 2020, the worst single month for European high-yield credit assets since the financial crisis. Investors that had used borrowed money for their bets found themselves facing requests for repayment and often had to sell off assets at depressed prices in a bid to avoid default.</p>\n<p>As the turmoil in the loan market grew, Ver sold assets for a total of 78.5 million euros, according to the claim. But it wasn’t enough. On March 24, Citigroup managing director Cristina Paviglianiti emailed Ver to announce that the lender intended to enforce against the remaining collateral tied to the loan.</p>\n<p>Staff at the fund were concerned about the sale process, exchanging a flurry of online messages with the bank over whether they would achieve “a good price”, according to the claim. “As discussed we do not want to wait,” a member of Citi’s credit team replied.</p>\n<p>On the same days Citi orchestrated the sale of Ver’s assets, trading data showed that there were higher bids available for 36 out of the 37 assets, according to the claim. Citi’s bid was the lowest in the overwhelming majority of cases, the fund said.</p>\n<p>Citigroup continued to sell assets until an unidentified Ver investor put in additional funds to repay the remaining portion of the facility, the fund said.</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>Citi Sued for Profiting From Fund’s Demise as Covid Struck</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCiti Sued for Profiting From Fund’s Demise as Covid Struck\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-24 16:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-08-24/citi-sued-for-profiting-from-fund-s-demise-as-covid-struck?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Citigroup faces London lawsuit over $263 million loan deal\nVer Capital says Citi sought profit, not best price for assets\n\nCitigroup Inc. is facing a lawsuit for pulling support from a European credit...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-08-24/citi-sued-for-profiting-from-fund-s-demise-as-covid-struck?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"C":"花旗"},"source_url":"https://www.bloomberg.com/news/articles/2021-08-24/citi-sued-for-profiting-from-fund-s-demise-as-covid-struck?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1134241785","content_text":"Citigroup faces London lawsuit over $263 million loan deal\nVer Capital says Citi sought profit, not best price for assets\n\nCitigroup Inc. is facing a lawsuit for pulling support from a European credit fund as the Covid-19 pandemic roiled the markets, then giving its own traders a potential profit at the fund’s expense.\nThe New York-based bank was sued by Ver Capital Partners in London for forcing the fund to default on a 224 million-euro ($263 million) loan in March 2020 and selling linked assets to its trading desk. This liquidation process created a conflict of interest at the bank, while ignoring the chance of better offers from other possible buyers and leaving the fund further out of pocket, Ver said in a legal filing.\nCitigroup undervalued the assets it sold to the traders, acting “with the intention of generating a profit for itself” at the expense of “the best price reasonably obtainable,” Ver’s lawyers said in the filing made available last week.\nThe dispute is a window into the chaos that coursed through financial markets as Covid-19 upended the global economy, leaving firms and regulators racing to contain turmoil that spanned from international money markets to small business loans.\n\nThe Ver fund, managed by Milan-based Ver Capital, was among investors that piled into riskier debt issued by European corporations in the years leading up to the pandemic, attracted by their returns in an era of rock-bottom interest rates. Citigroup agreed to finance the firm’s bets on leveraged loans -- high-yield debts often used in mergers and acquisitions -- and increased the size of its facility three-fold by the end of February, according to the claim.\nAlthough leveraged loans had steadily gained in value over the prior decade, that run came to a shuddering halt in March 2020, the worst single month for European high-yield credit assets since the financial crisis. Investors that had used borrowed money for their bets found themselves facing requests for repayment and often had to sell off assets at depressed prices in a bid to avoid default.\nAs the turmoil in the loan market grew, Ver sold assets for a total of 78.5 million euros, according to the claim. But it wasn’t enough. On March 24, Citigroup managing director Cristina Paviglianiti emailed Ver to announce that the lender intended to enforce against the remaining collateral tied to the loan.\nStaff at the fund were concerned about the sale process, exchanging a flurry of online messages with the bank over whether they would achieve “a good price”, according to the claim. “As discussed we do not want to wait,” a member of Citi’s credit team replied.\nOn the same days Citi orchestrated the sale of Ver’s assets, trading data showed that there were higher bids available for 36 out of the 37 assets, according to the claim. Citi’s bid was the lowest in the overwhelming majority of cases, the fund said.\nCitigroup continued to sell assets until an unidentified Ver investor put in additional funds to repay the remaining portion of the facility, the fund said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":90,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":835144633,"gmtCreate":1629698088922,"gmtModify":1676530103306,"author":{"id":"3575084008680468","authorId":"3575084008680468","name":"Hb_","avatar":"https://static.tigerbbs.com/2e6b4bec98a0dbb1567834e4f467227b","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575084008680468","authorIdStr":"3575084008680468"},"themes":[],"htmlText":"W","listText":"W","text":"W","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/835144633","repostId":"2161747692","repostType":4,"repost":{"id":"2161747692","kind":"news","pubTimestamp":1629673828,"share":"https://ttm.financial/m/news/2161747692?lang=&edition=fundamental","pubTime":"2021-08-23 07:10","market":"us","language":"en","title":"Fed's Jackson Hole Symposium, personal income and spending: What to know this week","url":"https://stock-news.laohu8.com/highlight/detail?id=2161747692","media":"Yahoo Finance","summary":"Traders this week are poised to focus closely on Federal Reserve policymakers' virtual appearance at","content":"<p>Traders this week are poised to focus closely on Federal Reserve policymakers' virtual appearance at the bank's annual Jackson Hole Economic Policy Symposium.</p>\n<p>The event, which takes place from Thursday to Saturday this week, is set to serve as a forum for more discussions around Fed policymakers' plans to announce and implement a shift in the central bank's monetary policy stance. Namely, investors have been closely watching for months to hear when officials will begin tapering their purchases of Treasury and mortgage securities, which have been taking place at a pace of $120 billion per month for more than a year during the pandemic.</p>\n<p>This asset purchase program had been a major policy underpinning U.S. equity markets this year, providing liquidity throughout the economic crisis induced by the virus. But as the economy makes headway in recovering, Fed officials' talk around pulling in the reins on this program has started to increase.</p>\n<p>Last week, Federal Reserve officials signaled the announcement of the start of tapering was edging closer. According to the meeting minutes from the Federal Reserve's July meeting, most monetary policymakers believed the economy will have made enough progress toward recovering to warrant tapering.</p>\n<p>\"Most participants noted that, provided that the economy were to evolve broadly as they anticipated, they judged that it could be appropriate to start reducing the pace of asset purchases this year because they saw the Committee’s 'substantial further progress' criterion as satisfied with respect to the price-stability goal and as close to being satisfied with respect to the maximum employment goal,\" according to the FOMC minutes.</p>\n<p>But as many pundits have noted, the central bank still has a host of meetings left in 2021 to serve as a platform for further discussing or announcing tapering. As a result, Jackson Hole this week may cause few ripples, with policymakers like Federal Reserve Chair Jerome Powell sticking to their previously telegraphed language about waiting to see further improvements in the labor market before escalating talk of tapering further.</p>\n<p>\"Jackson Hole next week is certainly a target for when we might hear some actual firm language around taper. I'm not really expecting much out of Jackson Hole,\" Garrett Melson, Natixis Investment Managers Solutions portfolio strategist, told Yahoo Finance last week. \"We're more in the camp that we probably start to hear something around the November meeting. Perhaps they're as quick as December to start actually implementing the taper. But I'm still more in the camp that January is probably when we begin to see a slow taper, probably in the ballpark of $15 billion per month.\"</p>\n<p>\"They're still very, very dovish. They're slightly less dovish,\" he added. \"But that's a little semantics at this point. Taper is very well documented and well known. We know it's coming. It's just a matter of timing and really shouldn't surprise many investors out there.\"</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ffd135dd0d8cdc399e0982d54e39f5bd\" tg-width=\"6000\" tg-height=\"4000\" width=\"100%\" height=\"auto\"><span>Federal Reserve Board Chair Jerome Powell testifies before Senate Banking, Housing, and Urban Affairs hearing to examine the Semiannual Monetary Policy Report to Congress, July 15, 2021, on Capitol Hill. (AP Photo/Jose Luis Magana, file)ASSOCIATED PRESS</span></p>\n<p>As for the ultimate market impact of tapering, if the outcome is anything like the response from the last announcement of tapering in 2023, investors might brace for a momentary bout of volatility and some sector rotation beneath the surface.</p>\n<p>\"In 2013, Fed Chair Bernanke's comments about tapering catalyzed a five-day, 40 bp backup in 10-year yields and a 5% drop in the S&amp;P 500,\" said David Kostin, Goldman Sachs' chief U.S. equity strategist, in a note last week. \"The initial signal from the taper tantrum ultimately proved fleeting during a year with extremely strong returns for equities.\"</p>\n<p>\"The S&amp;P 500 rebounded 5% in the roughly two months following the tantrum, led higher by the materials, consumer discretionary, and health care sectors,\" he added. \"By December, the S&amp;P 500 had posted a full-year return of 32%. As the Fed reiterated its commitment to accommodative policy, growth outperformed value and cyclical stocks outperformed defensives.\"</p>\n<h2>Personal spending, income</h2>\n<p>New economic data on consumer spending and income will also be in focus later this week, with reports on both metrics due for release on Friday.</p>\n<p>Consensus economists expect to see personal spending slow to just a 0.4% monthly clip in July, decelerating from June's 1.0% increase.</p>\n<p>Just last week, the Commerce Department's data showed retail sales fell more than expected in July, dipping by 1.1%. The print pointed to more moderation in spending as the impact of stimulus checks earlier this year waned further, and lowered the bar for the Bureau of Economic Analysis' monthly personal spending data.</p>\n<p>Other data has also underscored the slowdown in consumer spending, especially given the recent spread of the Delta variant starting in the middle of summer.</p>\n<p>\"Although services spending started strong in July boosted by the holiday, our aggregated BAC credit and debit card data suggest services spending, particularly for travel and leisure, slowed down noticeably in the second half of the month, potentially due to rising Delta concerns,\" Bank of America economist Michelle Meyer wrote in a note Friday.</p>\n<p>Friday's consumer spending report will also come with data on personal income, which is also expected to have ticked up only slightly on a monthly basis. Economists look for a 0.1% increase in July, which would match the pace from the prior month.</p>\n<p>Even with the deceleration in income, however, the personal savings rate may have increased as an early round of child tax credit payments helped offset a slowing pace of income growth, some economists noted.</p>\n<p>\"The advance child tax credit payments delivered this month translated into a lower tax burden and therefore a 1% month-over-month boost to disposable income, consequently leading to a rise in the savings rate to 10.0% from 9.4% in June,\" Meyer predicted.</p>\n<h2>Economic calendar</h2>\n<ul>\n <li><p><b>Monday: </b>Chicago Fed National Activity Index, July (0.09 in June); <a href=\"https://laohu8.com/S/MRKT\">Markit</a> U.S. Manufacturing PMI, August preliminary (62.8 expected, 63.4 in July); Markit U.S. Services PMI, August preliminary (59.0 expected, 59.9 in July); Markit U.S. Composite PMI, August preliminary (59.9 in July); Existing home sales, month-on-month, July (-0.3% expected, 1.4% in June)</p></li>\n <li><p><b>Tuesday: </b>Richmond Fed Manufacturing Index, August (25 expected, 27 in July); New home sales, month-on-month, July (3.6% expected, -6.6% in June)</p></li>\n <li><p><b>Wednesday: </b>MBA Mortgage Applications, week ended August 20 (-3.9% during prior week); Durable goods orders, July preliminary (-0.2% expected, 0.9% in June); Non-defense capital goods orders excluding aircraft, July preliminary (0.5% expected, 0.7% in June); Non-defense capital goods shipments excluding aircraft, July preliminary (0.6% in June)</p></li>\n <li><p><b>Thursday: </b>Initial jobless claims, week ended August 21 (352,000 expected, 348,000 during prior week); Continuing claims, week ended August 14 (2.780 million expected, 2.820 million during prior week); GDP annualized quarter-over-quarter, Q2 second estimate (6.6% expected, 6.5% in prior print); Personal consumption, Q2 second estimate (12.3% expected, 11.8% in prior print); Core PCE quarter-over-quarter Q2 second estimate (6.1% expected, 6.1% in prior print); Kansas City Fed Manufacturing Activity Index, August (30 in prior print)</p></li>\n <li><p><b>Friday: </b>Advanced goods trade balance, July (-$90.9 billion expected, -$91.2 billion in June); Wholesale inventories, month-over-month, July preliminary (1.0% expected, 1.1% in June); Personal income, July (0.2% expected, 0.1% in June); Personal spending, July (0.4% expected, 1.0% in June); PCE core deflator, month-on-month, July (0.3% expected, 0.4% in June); PCE core deflator, year-on-year, July (3.6% expected, 3.5% in June); University of Michigan Sentiment, August final (71.0 expected, 70.2 in prior print)</p></li>\n</ul>\n<h2>Earnings calendar</h2>\n<ul>\n <li><p><b>Monday: </b><i>No notable reports scheduled for release</i></p></li>\n <li><p><b>Tuesday: </b>Advance Auto Parts (AAP) before market open; Intuit (INTU) after market close</p></li>\n <li><p><b>Wednesday: </b>Best Buy (BBY) before market open; <a href=\"https://laohu8.com/S/CRM\">Salesforce</a> (CRM), Autodesk (ADSK), Ulta Beauty (ULTA) after market close</p></li>\n <li><p><b>Thursday: </b>The JM Smucker Co. (SJM), Dollar General (DG), Dollar Tree (DLTR) before market open; The Gap (GPS), HP Inc. (HPQ) after market close</p></li>\n <li><p><b>Friday: </b><i>No notable reports scheduled for release </i></p></li>\n</ul>","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>Fed's Jackson Hole Symposium, personal income and spending: What to know this week</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 Jackson Hole Symposium, personal income and spending: What to know this week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-23 07:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/fed-heads-to-jackson-hole-personal-income-and-spending-what-to-know-this-week-150228513.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Traders this week are poised to focus closely on Federal Reserve policymakers' virtual appearance at the bank's annual Jackson Hole Economic Policy Symposium.\nThe event, which takes place from ...</p>\n\n<a href=\"https://finance.yahoo.com/news/fed-heads-to-jackson-hole-personal-income-and-spending-what-to-know-this-week-150228513.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY.AU":"SPDR® S&P 500® ETF Trust",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","TGT":"塔吉特","BBY":"百思买",".DJI":"道琼斯","XRT":"零售指数ETF-SPDR标普","WMT":"沃尔玛"},"source_url":"https://finance.yahoo.com/news/fed-heads-to-jackson-hole-personal-income-and-spending-what-to-know-this-week-150228513.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2161747692","content_text":"Traders this week are poised to focus closely on Federal Reserve policymakers' virtual appearance at the bank's annual Jackson Hole Economic Policy Symposium.\nThe event, which takes place from Thursday to Saturday this week, is set to serve as a forum for more discussions around Fed policymakers' plans to announce and implement a shift in the central bank's monetary policy stance. Namely, investors have been closely watching for months to hear when officials will begin tapering their purchases of Treasury and mortgage securities, which have been taking place at a pace of $120 billion per month for more than a year during the pandemic.\nThis asset purchase program had been a major policy underpinning U.S. equity markets this year, providing liquidity throughout the economic crisis induced by the virus. But as the economy makes headway in recovering, Fed officials' talk around pulling in the reins on this program has started to increase.\nLast week, Federal Reserve officials signaled the announcement of the start of tapering was edging closer. According to the meeting minutes from the Federal Reserve's July meeting, most monetary policymakers believed the economy will have made enough progress toward recovering to warrant tapering.\n\"Most participants noted that, provided that the economy were to evolve broadly as they anticipated, they judged that it could be appropriate to start reducing the pace of asset purchases this year because they saw the Committee’s 'substantial further progress' criterion as satisfied with respect to the price-stability goal and as close to being satisfied with respect to the maximum employment goal,\" according to the FOMC minutes.\nBut as many pundits have noted, the central bank still has a host of meetings left in 2021 to serve as a platform for further discussing or announcing tapering. As a result, Jackson Hole this week may cause few ripples, with policymakers like Federal Reserve Chair Jerome Powell sticking to their previously telegraphed language about waiting to see further improvements in the labor market before escalating talk of tapering further.\n\"Jackson Hole next week is certainly a target for when we might hear some actual firm language around taper. I'm not really expecting much out of Jackson Hole,\" Garrett Melson, Natixis Investment Managers Solutions portfolio strategist, told Yahoo Finance last week. \"We're more in the camp that we probably start to hear something around the November meeting. Perhaps they're as quick as December to start actually implementing the taper. But I'm still more in the camp that January is probably when we begin to see a slow taper, probably in the ballpark of $15 billion per month.\"\n\"They're still very, very dovish. They're slightly less dovish,\" he added. \"But that's a little semantics at this point. Taper is very well documented and well known. We know it's coming. It's just a matter of timing and really shouldn't surprise many investors out there.\"\nFederal Reserve Board Chair Jerome Powell testifies before Senate Banking, Housing, and Urban Affairs hearing to examine the Semiannual Monetary Policy Report to Congress, July 15, 2021, on Capitol Hill. (AP Photo/Jose Luis Magana, file)ASSOCIATED PRESS\nAs for the ultimate market impact of tapering, if the outcome is anything like the response from the last announcement of tapering in 2023, investors might brace for a momentary bout of volatility and some sector rotation beneath the surface.\n\"In 2013, Fed Chair Bernanke's comments about tapering catalyzed a five-day, 40 bp backup in 10-year yields and a 5% drop in the S&P 500,\" said David Kostin, Goldman Sachs' chief U.S. equity strategist, in a note last week. \"The initial signal from the taper tantrum ultimately proved fleeting during a year with extremely strong returns for equities.\"\n\"The S&P 500 rebounded 5% in the roughly two months following the tantrum, led higher by the materials, consumer discretionary, and health care sectors,\" he added. \"By December, the S&P 500 had posted a full-year return of 32%. As the Fed reiterated its commitment to accommodative policy, growth outperformed value and cyclical stocks outperformed defensives.\"\nPersonal spending, income\nNew economic data on consumer spending and income will also be in focus later this week, with reports on both metrics due for release on Friday.\nConsensus economists expect to see personal spending slow to just a 0.4% monthly clip in July, decelerating from June's 1.0% increase.\nJust last week, the Commerce Department's data showed retail sales fell more than expected in July, dipping by 1.1%. The print pointed to more moderation in spending as the impact of stimulus checks earlier this year waned further, and lowered the bar for the Bureau of Economic Analysis' monthly personal spending data.\nOther data has also underscored the slowdown in consumer spending, especially given the recent spread of the Delta variant starting in the middle of summer.\n\"Although services spending started strong in July boosted by the holiday, our aggregated BAC credit and debit card data suggest services spending, particularly for travel and leisure, slowed down noticeably in the second half of the month, potentially due to rising Delta concerns,\" Bank of America economist Michelle Meyer wrote in a note Friday.\nFriday's consumer spending report will also come with data on personal income, which is also expected to have ticked up only slightly on a monthly basis. Economists look for a 0.1% increase in July, which would match the pace from the prior month.\nEven with the deceleration in income, however, the personal savings rate may have increased as an early round of child tax credit payments helped offset a slowing pace of income growth, some economists noted.\n\"The advance child tax credit payments delivered this month translated into a lower tax burden and therefore a 1% month-over-month boost to disposable income, consequently leading to a rise in the savings rate to 10.0% from 9.4% in June,\" Meyer predicted.\nEconomic calendar\n\nMonday: Chicago Fed National Activity Index, July (0.09 in June); Markit U.S. Manufacturing PMI, August preliminary (62.8 expected, 63.4 in July); Markit U.S. Services PMI, August preliminary (59.0 expected, 59.9 in July); Markit U.S. Composite PMI, August preliminary (59.9 in July); Existing home sales, month-on-month, July (-0.3% expected, 1.4% in June)\nTuesday: Richmond Fed Manufacturing Index, August (25 expected, 27 in July); New home sales, month-on-month, July (3.6% expected, -6.6% in June)\nWednesday: MBA Mortgage Applications, week ended August 20 (-3.9% during prior week); Durable goods orders, July preliminary (-0.2% expected, 0.9% in June); Non-defense capital goods orders excluding aircraft, July preliminary (0.5% expected, 0.7% in June); Non-defense capital goods shipments excluding aircraft, July preliminary (0.6% in June)\nThursday: Initial jobless claims, week ended August 21 (352,000 expected, 348,000 during prior week); Continuing claims, week ended August 14 (2.780 million expected, 2.820 million during prior week); GDP annualized quarter-over-quarter, Q2 second estimate (6.6% expected, 6.5% in prior print); Personal consumption, Q2 second estimate (12.3% expected, 11.8% in prior print); Core PCE quarter-over-quarter Q2 second estimate (6.1% expected, 6.1% in prior print); Kansas City Fed Manufacturing Activity Index, August (30 in prior print)\nFriday: Advanced goods trade balance, July (-$90.9 billion expected, -$91.2 billion in June); Wholesale inventories, month-over-month, July preliminary (1.0% expected, 1.1% in June); Personal income, July (0.2% expected, 0.1% in June); Personal spending, July (0.4% expected, 1.0% in June); PCE core deflator, month-on-month, July (0.3% expected, 0.4% in June); PCE core deflator, year-on-year, July (3.6% expected, 3.5% in June); University of Michigan Sentiment, August final (71.0 expected, 70.2 in prior print)\n\nEarnings calendar\n\nMonday: No notable reports scheduled for release\nTuesday: Advance Auto Parts (AAP) before market open; Intuit (INTU) after market close\nWednesday: Best Buy (BBY) before market open; Salesforce (CRM), Autodesk (ADSK), Ulta Beauty (ULTA) after market close\nThursday: The JM Smucker Co. (SJM), Dollar General (DG), Dollar Tree (DLTR) before market open; The Gap (GPS), HP Inc. (HPQ) after market close\nFriday: No notable reports scheduled for release","news_type":1},"isVote":1,"tweetType":1,"viewCount":131,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":832624262,"gmtCreate":1629624779056,"gmtModify":1676530081801,"author":{"id":"3575084008680468","authorId":"3575084008680468","name":"Hb_","avatar":"https://static.tigerbbs.com/2e6b4bec98a0dbb1567834e4f467227b","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575084008680468","authorIdStr":"3575084008680468"},"themes":[],"htmlText":"W","listText":"W","text":"W","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/832624262","repostId":"2161743804","repostType":4,"repost":{"id":"2161743804","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1629604860,"share":"https://ttm.financial/m/news/2161743804?lang=&edition=fundamental","pubTime":"2021-08-22 12:01","market":"us","language":"en","title":"Expect Fed tapering to start in November and look like this, says BofA Global","url":"https://stock-news.laohu8.com/highlight/detail?id=2161743804","media":"Dow Jones","summary":"BofA: Timing of Fed tapering will be a key, but so will the pace and composition of cutbacks.\n\nBack-","content":"<blockquote>\n BofA: Timing of Fed tapering will be a key, but so will the pace and composition of cutbacks.\n</blockquote>\n<p>Back-to-school isn't the only item on the agenda this fall that could have a big economic impact.</p>\n<p>BofA Global analysts also have penciled in November as the likely start date for the Federal Reserve to make cutbacks to its large-scale asset purchases, up from an earlier forecast for a January kickoff.</p>\n<p>The stepped up timeline comes days after the Federal Reserve's July Federal Open Markets Committee (FOMC) meeting minutes showed most of the 19 top central bank officials felt it appropriate to start reducing the pace of its $120 billion per month bond purchases this year.</p>\n<p>The Fed's program of buying Treasurys and mortgage-backed securities <a href=\"https://laohu8.com/S/MBB\">$(MBB)$</a> each month has been credited with helping to stave off a broader financial crisis during the pandemic, mostly by keeping markets liquid and credit conditions loose, while fueling the economic recovery.</p>\n<p>With children across the nation expected to return to classrooms this fall, hopefully freeing up more parents to return to the workforce, the Fed also looks increasingly poised to begin the process of getting markets back to functioning on their own.</p>\n<p>\"The July FOMC minutes altered our base case for taper, pulling the timeline forward by about two months from January to November, though affirmed our expectation for the Fed to move more slowly and be data-dependent,\" Meghan Swiber's team at BofA Research wrote in a note Friday.</p>\n<p>While the timing of tapering will be a key, so will the pace and composition of cutbacks, the team said.</p>\n<p>To that end, BofA Global put forth this new forecast of what the pullback could look like. Their base-case shows purchases ending around next September.</p>\n<p>Swiber's team argued that the U.S. economic recovery keeps heading toward the Fed's goal of \"substantial further progress\" from the worst shocks of the pandemic last year, but also that any decisions by the central bank on pulling back its extreme monetary support will remain \"data dependent.\"</p>\n<p>Dallas Fed President Rob Kaplan on Friday told Fox Business Network that he may rethink his call for the Fed to quickly start to taper its monthly purchases if it looks like the spread of the coronavirus delta variant is slowing economic growth.</p>\n<p>While a lifeline for markets, the Fed program also has drawn criticism. Some experts fear the central bank's Goliath footprint has eroded risk-based pricing in markets, which can help keep bubbles in check, and fueled an uneven \"K-shaped\" recovery, where most wealth accumulated has been by the rich, not the poor, as stocks, financial assets and home prices have set record highs during the pandemic.</p>\n<p>Read: Home prices could cool when the Fed tapers its bond-buying program. But a crisis? Unlikely .</p>\n<p>The major U.S. stock benchmarks were trading higher Friday, but with the Dow Jones Industrial Average headed for a 1% weekly loss and the S&amp;P 500 index about 0.6% lower on the week, according to FactSet data.</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>Expect Fed tapering to start in November and look like this, says BofA Global</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\">\nExpect Fed tapering to start in November and look like this, says BofA Global\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-08-22 12:01</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<blockquote>\n BofA: Timing of Fed tapering will be a key, but so will the pace and composition of cutbacks.\n</blockquote>\n<p>Back-to-school isn't the only item on the agenda this fall that could have a big economic impact.</p>\n<p>BofA Global analysts also have penciled in November as the likely start date for the Federal Reserve to make cutbacks to its large-scale asset purchases, up from an earlier forecast for a January kickoff.</p>\n<p>The stepped up timeline comes days after the Federal Reserve's July Federal Open Markets Committee (FOMC) meeting minutes showed most of the 19 top central bank officials felt it appropriate to start reducing the pace of its $120 billion per month bond purchases this year.</p>\n<p>The Fed's program of buying Treasurys and mortgage-backed securities <a href=\"https://laohu8.com/S/MBB\">$(MBB)$</a> each month has been credited with helping to stave off a broader financial crisis during the pandemic, mostly by keeping markets liquid and credit conditions loose, while fueling the economic recovery.</p>\n<p>With children across the nation expected to return to classrooms this fall, hopefully freeing up more parents to return to the workforce, the Fed also looks increasingly poised to begin the process of getting markets back to functioning on their own.</p>\n<p>\"The July FOMC minutes altered our base case for taper, pulling the timeline forward by about two months from January to November, though affirmed our expectation for the Fed to move more slowly and be data-dependent,\" Meghan Swiber's team at BofA Research wrote in a note Friday.</p>\n<p>While the timing of tapering will be a key, so will the pace and composition of cutbacks, the team said.</p>\n<p>To that end, BofA Global put forth this new forecast of what the pullback could look like. Their base-case shows purchases ending around next September.</p>\n<p>Swiber's team argued that the U.S. economic recovery keeps heading toward the Fed's goal of \"substantial further progress\" from the worst shocks of the pandemic last year, but also that any decisions by the central bank on pulling back its extreme monetary support will remain \"data dependent.\"</p>\n<p>Dallas Fed President Rob Kaplan on Friday told Fox Business Network that he may rethink his call for the Fed to quickly start to taper its monthly purchases if it looks like the spread of the coronavirus delta variant is slowing economic growth.</p>\n<p>While a lifeline for markets, the Fed program also has drawn criticism. Some experts fear the central bank's Goliath footprint has eroded risk-based pricing in markets, which can help keep bubbles in check, and fueled an uneven \"K-shaped\" recovery, where most wealth accumulated has been by the rich, not the poor, as stocks, financial assets and home prices have set record highs during the pandemic.</p>\n<p>Read: Home prices could cool when the Fed tapers its bond-buying program. But a crisis? Unlikely .</p>\n<p>The major U.S. stock benchmarks were trading higher Friday, but with the Dow Jones Industrial Average headed for a 1% weekly loss and the S&amp;P 500 index about 0.6% lower on the week, according to FactSet data.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MBB":"美国按揭抵押债券ETF-iShares"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2161743804","content_text":"BofA: Timing of Fed tapering will be a key, but so will the pace and composition of cutbacks.\n\nBack-to-school isn't the only item on the agenda this fall that could have a big economic impact.\nBofA Global analysts also have penciled in November as the likely start date for the Federal Reserve to make cutbacks to its large-scale asset purchases, up from an earlier forecast for a January kickoff.\nThe stepped up timeline comes days after the Federal Reserve's July Federal Open Markets Committee (FOMC) meeting minutes showed most of the 19 top central bank officials felt it appropriate to start reducing the pace of its $120 billion per month bond purchases this year.\nThe Fed's program of buying Treasurys and mortgage-backed securities $(MBB)$ each month has been credited with helping to stave off a broader financial crisis during the pandemic, mostly by keeping markets liquid and credit conditions loose, while fueling the economic recovery.\nWith children across the nation expected to return to classrooms this fall, hopefully freeing up more parents to return to the workforce, the Fed also looks increasingly poised to begin the process of getting markets back to functioning on their own.\n\"The July FOMC minutes altered our base case for taper, pulling the timeline forward by about two months from January to November, though affirmed our expectation for the Fed to move more slowly and be data-dependent,\" Meghan Swiber's team at BofA Research wrote in a note Friday.\nWhile the timing of tapering will be a key, so will the pace and composition of cutbacks, the team said.\nTo that end, BofA Global put forth this new forecast of what the pullback could look like. Their base-case shows purchases ending around next September.\nSwiber's team argued that the U.S. economic recovery keeps heading toward the Fed's goal of \"substantial further progress\" from the worst shocks of the pandemic last year, but also that any decisions by the central bank on pulling back its extreme monetary support will remain \"data dependent.\"\nDallas Fed President Rob Kaplan on Friday told Fox Business Network that he may rethink his call for the Fed to quickly start to taper its monthly purchases if it looks like the spread of the coronavirus delta variant is slowing economic growth.\nWhile a lifeline for markets, the Fed program also has drawn criticism. Some experts fear the central bank's Goliath footprint has eroded risk-based pricing in markets, which can help keep bubbles in check, and fueled an uneven \"K-shaped\" recovery, where most wealth accumulated has been by the rich, not the poor, as stocks, financial assets and home prices have set record highs during the pandemic.\nRead: Home prices could cool when the Fed tapers its bond-buying program. But a crisis? Unlikely .\nThe major U.S. stock benchmarks were trading higher Friday, but with the Dow Jones Industrial Average headed for a 1% weekly loss and the S&P 500 index about 0.6% lower on the week, according to FactSet data.","news_type":1},"isVote":1,"tweetType":1,"viewCount":67,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":805204875,"gmtCreate":1627880862797,"gmtModify":1703497103463,"author":{"id":"3575084008680468","authorId":"3575084008680468","name":"Hb_","avatar":"https://static.tigerbbs.com/2e6b4bec98a0dbb1567834e4f467227b","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575084008680468","authorIdStr":"3575084008680468"},"themes":[],"htmlText":"WA","listText":"WA","text":"WA","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/805204875","repostId":"1170689665","repostType":4,"repost":{"id":"1170689665","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1627857540,"share":"https://ttm.financial/m/news/1170689665?lang=&edition=fundamental","pubTime":"2021-08-02 06:39","market":"us","language":"en","title":"Alibaba,Uber, DraftKings, GM, Roku, EA, ViacomCBS, and Other Stocks for Investors to Watch This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=1170689665","media":"Tiger Newspress","summary":"The parade of second-quarter results continues this week. No fewer than 143 S&P 500 companies are on deck to report, in addition to hundreds of small caps. Ferrari, Vornado Realty Trust, Take-Two Interactive Software, and Simon Property Group will get the ball rolling on Monday. Then Lyft, Alibaba Group Holding, Nikola, Under Armour, Eli Lilly, and ConocoPhillips release their results on Tuesday.Wednesday will be particularly busy:General Motors,Uber Technologies,Etsy,Electronic Arts,Western Dig","content":"<p>The parade of second-quarter results continues this week. No fewer than 143 S&amp;P 500 companies are on deck to report, in addition to hundreds of small caps. Ferrari, Vornado Realty Trust, Take-Two Interactive Software, and Simon Property Group will get the ball rolling on Monday. Then Lyft, Alibaba Group Holding, Nikola, Under Armour, Eli Lilly, and ConocoPhillips release their results on Tuesday.</p>\n<p>Wednesday will be particularly busy:General Motors,Uber Technologies,Etsy,Electronic Arts,Western Digital,Roku,CVS Health,Kraft Heinz, and SoftBank all report.Beyond Meat,Yelp,Wayfair, Moderna, and&nbsp;ViacomCBS&nbsp;go on Thursday and&nbsp;DraftKings,Canopy Growth,and Tripadvisor will close the week on Friday.Chinese Education Corporation&nbsp;New Oriental Education &amp; Technology Group Inc. and&nbsp;TAL Education Group&nbsp;cancels scheduled earnings release and earnings call.</p>\n<p><img src=\"https://static.tigerbbs.com/94057bf11ca8d7311db6c075ba98727b\" tg-width=\"1706\" tg-height=\"740\" referrerpolicy=\"no-referrer\"></p>\n<p>The highlight on the&nbsp;economic&nbsp;calendar this week will be Jobs Friday. The Bureau of Labor Statistics is expected to show a gain of 625,000 nonfarm payrolls in July, following June’s 850,000. The unemployment rate is seen holding just below 6%.</p>\n<p>Other data out this week include the Institute for Supply Management’s Manufacturing Purchasing Managers’ Index for July on Monday, followed by the Services equivalent on Wednesday. Both measures of economic activity are forecast to come in at around 61, which would signify strong expansion.</p>\n<p><b>Monday 8/2</b></p>\n<p>CNA Financial,Global Payments,JELD-WEN Holding,Loews,Arista Networks,Leggett &amp; Platt,Vornado Realty Trust, ZoomInfo Technologies, Woodward, Take-Two Interactive Software, Heineken, Trex, Ferrari,Ultra Clean Holdings,and Simon Property Group are expected to release financial results.</p>\n<p>GE stock&nbsp;will open for trading Monday at about $104 a share, after closing Friday at $12.95. The company completed its 1-for-8 reverse stock split Friday evening.</p>\n<p><b>The Institute for Supply</b>&nbsp;Management releases its Manufacturing Purchasing Managers’ Index for July. Consensus estimate is for a 60.8 reading, up from 60.6 in June.</p>\n<p><b>The Census Bureau</b>&nbsp;reports construction spending for June. Expectations are for a 0.4% month-over-month rise, after a 0.3% decline in May.</p>\n<p><b>Tuesday 8/3</b></p>\n<p>Eaton, BP, Under Armour, Lyft,Clorox,Amgen,Akamai Technologies,Cummins, Eli Lilly, Alibaba Group Holding, Nikola, EnPro Industries,Warner Music Group,Pitney Bowes,Tennant,Phillips 66,KKR,Gartner,Henry Schein,Dun &amp; Bradstreet Holdings,ConocoPhillips, and&nbsp;Jacobs Engineering Grouphost conference calls to discuss financial results.</p>\n<p><b>The Census Bureau</b>&nbsp;is slated to report factory orders for June. Economists predict that orders increased 1.0% during the month, compared with a 1.7% rise in May.</p>\n<p><b>Wednesday 8/4</b></p>\n<p>Sony Group,CVS Health, Kraft Heinz, SoftBank, General Motors, Progressive, Etsy, Electronic Arts, Western Digital, Uber Technologies, Roku,MGM Resorts International,Fox, and Re/Max Holdings are expected to host earnings calls.</p>\n<p><b>The Bureau of Economic</b>&nbsp;Analysis reports light-vehicle sales for July. Expectations call for a seasonally adjusted annual rate of 15.3 million vehicles, versus 15.4 million in June.</p>\n<p><b>The ISM releases</b>&nbsp;its Services PMI for July. Consensus estimate is for a 60.8 reading, compared with June’s 60.1.</p>\n<p><b>ADP releases</b>&nbsp;its National Employment report for July. Consensus estimate is for a 635,000 gain in nonfarm private-sector employment, following an increase of 692,000 in June.</p>\n<p><b>Thursday 8/5</b></p>\n<p>Zillow Group,Beyond Meat, Yelp, Wayfair, Kellogg,Bayer,HanesBrands, Moderna,Regeneron Pharmaceuticals,Switch,Cushman &amp; Wakefield,ViacomCBS,Cigna,Duke Energy,Square,News Corp,and&nbsp;Siemensare expected to report financial results.</p>\n<p>Friday 8/6</p>\n<p><b>The BLS releases the jobs report</b>&nbsp;for July. Economists forecast a 800,000 rise in nonfarm payrolls, after an 850,000 gain in June. The unemployment rate is expected to edge down to 5.8% from 5.9%.</p>\n<p>DraftKings,Dominion Energy,Gannett,MGM Growth Properties,AMC Networks,Canopy Growth, Tripadvisor,Spectrum Brands Holdings,E.W. Scripps,Cinemark Holdings, and Manitowoc host conference calls to discuss financial results.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba,Uber, DraftKings, GM, Roku, EA, ViacomCBS, and Other Stocks for Investors to Watch This Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba,Uber, DraftKings, GM, Roku, EA, ViacomCBS, and Other Stocks for Investors to Watch This Week\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\">2021-08-02 06:39</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>The parade of second-quarter results continues this week. No fewer than 143 S&amp;P 500 companies are on deck to report, in addition to hundreds of small caps. Ferrari, Vornado Realty Trust, Take-Two Interactive Software, and Simon Property Group will get the ball rolling on Monday. Then Lyft, Alibaba Group Holding, Nikola, Under Armour, Eli Lilly, and ConocoPhillips release their results on Tuesday.</p>\n<p>Wednesday will be particularly busy:General Motors,Uber Technologies,Etsy,Electronic Arts,Western Digital,Roku,CVS Health,Kraft Heinz, and SoftBank all report.Beyond Meat,Yelp,Wayfair, Moderna, and&nbsp;ViacomCBS&nbsp;go on Thursday and&nbsp;DraftKings,Canopy Growth,and Tripadvisor will close the week on Friday.Chinese Education Corporation&nbsp;New Oriental Education &amp; Technology Group Inc. and&nbsp;TAL Education Group&nbsp;cancels scheduled earnings release and earnings call.</p>\n<p><img src=\"https://static.tigerbbs.com/94057bf11ca8d7311db6c075ba98727b\" tg-width=\"1706\" tg-height=\"740\" referrerpolicy=\"no-referrer\"></p>\n<p>The highlight on the&nbsp;economic&nbsp;calendar this week will be Jobs Friday. The Bureau of Labor Statistics is expected to show a gain of 625,000 nonfarm payrolls in July, following June’s 850,000. The unemployment rate is seen holding just below 6%.</p>\n<p>Other data out this week include the Institute for Supply Management’s Manufacturing Purchasing Managers’ Index for July on Monday, followed by the Services equivalent on Wednesday. Both measures of economic activity are forecast to come in at around 61, which would signify strong expansion.</p>\n<p><b>Monday 8/2</b></p>\n<p>CNA Financial,Global Payments,JELD-WEN Holding,Loews,Arista Networks,Leggett &amp; Platt,Vornado Realty Trust, ZoomInfo Technologies, Woodward, Take-Two Interactive Software, Heineken, Trex, Ferrari,Ultra Clean Holdings,and Simon Property Group are expected to release financial results.</p>\n<p>GE stock&nbsp;will open for trading Monday at about $104 a share, after closing Friday at $12.95. The company completed its 1-for-8 reverse stock split Friday evening.</p>\n<p><b>The Institute for Supply</b>&nbsp;Management releases its Manufacturing Purchasing Managers’ Index for July. Consensus estimate is for a 60.8 reading, up from 60.6 in June.</p>\n<p><b>The Census Bureau</b>&nbsp;reports construction spending for June. Expectations are for a 0.4% month-over-month rise, after a 0.3% decline in May.</p>\n<p><b>Tuesday 8/3</b></p>\n<p>Eaton, BP, Under Armour, Lyft,Clorox,Amgen,Akamai Technologies,Cummins, Eli Lilly, Alibaba Group Holding, Nikola, EnPro Industries,Warner Music Group,Pitney Bowes,Tennant,Phillips 66,KKR,Gartner,Henry Schein,Dun &amp; Bradstreet Holdings,ConocoPhillips, and&nbsp;Jacobs Engineering Grouphost conference calls to discuss financial results.</p>\n<p><b>The Census Bureau</b>&nbsp;is slated to report factory orders for June. Economists predict that orders increased 1.0% during the month, compared with a 1.7% rise in May.</p>\n<p><b>Wednesday 8/4</b></p>\n<p>Sony Group,CVS Health, Kraft Heinz, SoftBank, General Motors, Progressive, Etsy, Electronic Arts, Western Digital, Uber Technologies, Roku,MGM Resorts International,Fox, and Re/Max Holdings are expected to host earnings calls.</p>\n<p><b>The Bureau of Economic</b>&nbsp;Analysis reports light-vehicle sales for July. Expectations call for a seasonally adjusted annual rate of 15.3 million vehicles, versus 15.4 million in June.</p>\n<p><b>The ISM releases</b>&nbsp;its Services PMI for July. Consensus estimate is for a 60.8 reading, compared with June’s 60.1.</p>\n<p><b>ADP releases</b>&nbsp;its National Employment report for July. Consensus estimate is for a 635,000 gain in nonfarm private-sector employment, following an increase of 692,000 in June.</p>\n<p><b>Thursday 8/5</b></p>\n<p>Zillow Group,Beyond Meat, Yelp, Wayfair, Kellogg,Bayer,HanesBrands, Moderna,Regeneron Pharmaceuticals,Switch,Cushman &amp; Wakefield,ViacomCBS,Cigna,Duke Energy,Square,News Corp,and&nbsp;Siemensare expected to report financial results.</p>\n<p>Friday 8/6</p>\n<p><b>The BLS releases the jobs report</b>&nbsp;for July. Economists forecast a 800,000 rise in nonfarm payrolls, after an 850,000 gain in June. The unemployment rate is expected to edge down to 5.8% from 5.9%.</p>\n<p>DraftKings,Dominion Energy,Gannett,MGM Growth Properties,AMC Networks,Canopy Growth, Tripadvisor,Spectrum Brands Holdings,E.W. Scripps,Cinemark Holdings, and Manitowoc host conference calls to discuss financial results.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite","EA":"艺电","UBER":"优步","GE":"GE航空航天",".SPX":"S&P 500 Index","BABA":"阿里巴巴","GM":"通用汽车","ROKU":"Roku Inc","DKNG":"DraftKings Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1170689665","content_text":"The parade of second-quarter results continues this week. No fewer than 143 S&P 500 companies are on deck to report, in addition to hundreds of small caps. Ferrari, Vornado Realty Trust, Take-Two Interactive Software, and Simon Property Group will get the ball rolling on Monday. Then Lyft, Alibaba Group Holding, Nikola, Under Armour, Eli Lilly, and ConocoPhillips release their results on Tuesday.\nWednesday will be particularly busy:General Motors,Uber Technologies,Etsy,Electronic Arts,Western Digital,Roku,CVS Health,Kraft Heinz, and SoftBank all report.Beyond Meat,Yelp,Wayfair, Moderna, and ViacomCBS go on Thursday and DraftKings,Canopy Growth,and Tripadvisor will close the week on Friday.Chinese Education Corporation New Oriental Education & Technology Group Inc. and TAL Education Group cancels scheduled earnings release and earnings call.\n\nThe highlight on the economic calendar this week will be Jobs Friday. The Bureau of Labor Statistics is expected to show a gain of 625,000 nonfarm payrolls in July, following June’s 850,000. The unemployment rate is seen holding just below 6%.\nOther data out this week include the Institute for Supply Management’s Manufacturing Purchasing Managers’ Index for July on Monday, followed by the Services equivalent on Wednesday. Both measures of economic activity are forecast to come in at around 61, which would signify strong expansion.\nMonday 8/2\nCNA Financial,Global Payments,JELD-WEN Holding,Loews,Arista Networks,Leggett & Platt,Vornado Realty Trust, ZoomInfo Technologies, Woodward, Take-Two Interactive Software, Heineken, Trex, Ferrari,Ultra Clean Holdings,and Simon Property Group are expected to release financial results.\nGE stock will open for trading Monday at about $104 a share, after closing Friday at $12.95. The company completed its 1-for-8 reverse stock split Friday evening.\nThe Institute for Supply Management releases its Manufacturing Purchasing Managers’ Index for July. Consensus estimate is for a 60.8 reading, up from 60.6 in June.\nThe Census Bureau reports construction spending for June. Expectations are for a 0.4% month-over-month rise, after a 0.3% decline in May.\nTuesday 8/3\nEaton, BP, Under Armour, Lyft,Clorox,Amgen,Akamai Technologies,Cummins, Eli Lilly, Alibaba Group Holding, Nikola, EnPro Industries,Warner Music Group,Pitney Bowes,Tennant,Phillips 66,KKR,Gartner,Henry Schein,Dun & Bradstreet Holdings,ConocoPhillips, and Jacobs Engineering Grouphost conference calls to discuss financial results.\nThe Census Bureau is slated to report factory orders for June. Economists predict that orders increased 1.0% during the month, compared with a 1.7% rise in May.\nWednesday 8/4\nSony Group,CVS Health, Kraft Heinz, SoftBank, General Motors, Progressive, Etsy, Electronic Arts, Western Digital, Uber Technologies, Roku,MGM Resorts International,Fox, and Re/Max Holdings are expected to host earnings calls.\nThe Bureau of Economic Analysis reports light-vehicle sales for July. Expectations call for a seasonally adjusted annual rate of 15.3 million vehicles, versus 15.4 million in June.\nThe ISM releases its Services PMI for July. Consensus estimate is for a 60.8 reading, compared with June’s 60.1.\nADP releases its National Employment report for July. Consensus estimate is for a 635,000 gain in nonfarm private-sector employment, following an increase of 692,000 in June.\nThursday 8/5\nZillow Group,Beyond Meat, Yelp, Wayfair, Kellogg,Bayer,HanesBrands, Moderna,Regeneron Pharmaceuticals,Switch,Cushman & Wakefield,ViacomCBS,Cigna,Duke Energy,Square,News Corp,and Siemensare expected to report financial results.\nFriday 8/6\nThe BLS releases the jobs report for July. Economists forecast a 800,000 rise in nonfarm payrolls, after an 850,000 gain in June. The unemployment rate is expected to edge down to 5.8% from 5.9%.\nDraftKings,Dominion Energy,Gannett,MGM Growth Properties,AMC Networks,Canopy Growth, Tripadvisor,Spectrum Brands Holdings,E.W. Scripps,Cinemark Holdings, and Manitowoc host conference calls to discuss financial results.","news_type":1},"isVote":1,"tweetType":1,"viewCount":169,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":880318167,"gmtCreate":1631019306559,"gmtModify":1676530443687,"author":{"id":"3575084008680468","authorId":"3575084008680468","name":"Hb_","avatar":"https://static.tigerbbs.com/2e6b4bec98a0dbb1567834e4f467227b","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575084008680468","authorIdStr":"3575084008680468"},"themes":[],"htmlText":"W","listText":"W","text":"W","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/880318167","repostId":"1169993498","repostType":4,"repost":{"id":"1169993498","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1631015740,"share":"https://ttm.financial/m/news/1169993498?lang=&edition=fundamental","pubTime":"2021-09-07 19:55","market":"us","language":"en","title":"Toplines Before US Market Open on Tuesday","url":"https://stock-news.laohu8.com/highlight/detail?id=1169993498","media":"Tiger Newspress","summary":"U.S. stock futureswere flat Tuesday.\nOn Wall Street, cyclical stocks are the best performers, led by","content":"<ul>\n <li>U.S. stock futureswere flat Tuesday.</li>\n <li>On Wall Street, cyclical stocks are the best performers, led by Financials. Info Tech,&nbsp;Communication Services and Energy are slightly lower.</li>\n <li>The dollar and Treasuries yields rose, gold and cryptos dropped.</li>\n <li>Bitcoin could be active today asit becomes legal tender in El Salvador and has gained the attention of the Reddit crowd.</li>\n</ul>\n<p>(Sept 7)&nbsp;European bourses dipped in the red and a rally in US equity futures which traded near all-time highs after the Labor Day holiday fizzled, as&nbsp; investors weighed China’s better-than-forecast&nbsp;trade data against the growing likelihood of fading central-bank support. S&amp;P500 futures traded fractionally in the green and Nasdaq 100 indexes slipped and equity gains in China and Japan were followed by losses in Europe as investors speculated the ECB may get ready to roll back stimulus. The dollar and Treasuries yields rose, gold and cryptos dropped.</p>\n<p>At 8:00 a.m. ET, Dow E-minis were up 33 points, or 0.09%, S&amp;P 500 E-minis were up 2.5 points, or 0.06% and Nasdaq 100 E-minis were up 2.75 points, or 0.02%.</p>\n<p><img src=\"https://static.tigerbbs.com/774e551b2ebb39de9eaeec90e5af95c9\" tg-width=\"1242\" tg-height=\"518\" referrerpolicy=\"no-referrer\"></p>\n<p>Tech gigacaps such as Microsoft, Amazon.com and Facebook eased about 0.2% each, while Apple and Google were slightly higher.</p>\n<p>Tracking benchmark bond yields higher, banks including Wells Fargo, Goldman Sachs, Citigroup and JP Morgan rose between 0.4% and 0.5%.</p>\n<p>Among meme stocks, IronNet more than doubled in value in premarket trading after the cybersecurity company was touted on Reddit and StockTwits.&nbsp;</p>\n<p>Chinese technology stocks listed in the U.S. rose premarket, amid surprisingly strong trade data (see below), renewed demand for technology shares, the lack of new regulatory announcements and Tencent’s plans to buy back more shares. Alibaba (BABA) was up 2.35% and Didi (DIDI) gained 2.55%, while Baidu (BIDU) gains 3.33%.</p>\n<p><img src=\"https://static.tigerbbs.com/f7d4a60cfccf02d72f36227e0e14cd3e\" tg-width=\"274\" tg-height=\"716\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Stocks making the biggest moves premarket:</b></p>\n<ul>\n <li>Alcoa (AA) shares rise 2.9%&nbsp;premarket, catching up with the jump in aluminum prices seen on Monday when U.S. markets were closed.</li>\n <li>Farfetch (FTCH) drops 0.7% after Arete downgraded the stock to sell, citing China risks along with a drag to gross margin from Tmall fees.</li>\n <li>Columbia Property Trust Inc (CXP) jumped 15.8% after Pacific Investment Management Company said it would buy the company for $2.2 billion.</li>\n <li>InflaRx (IFRX) shares rally 23% after it was among the companies awarded grants in Germany for Covid-19 drug development.</li>\n <li>IronNet (IRNT) shares soar 106% with the stock being touted on Reddit and StockTwits.</li>\n <li>Match Group (MTCH) surges 14% on being named to the S&amp;P 500 Index.</li>\n <li>Moderna (MRNA) declines 1.6% after report that Japan’s health ministry said that a man in his 40s died after receiving the biotech’s Covid-19 vaccine from production lots that are being recalled due to possible contamination</li>\n <li>Vertex Pharmaceuticals fell 1.8% in early New York trading after Morgan Stanley cut its stock recommendation to underweight.</li>\n</ul>\n<p>The world’s biggest economy remains “in good health” despite a recent increase in Covid-19 infections, according to Mark Haefele, chief investment officer at UBS Global Wealth. “This will support stocks, in our view, especially in cyclical industries like energy and financials,” Haefele said. “We continue to advise investors to position for reopening and recovery.”</p>\n<p>Another thing that supports stocks is that the market is no longer expecting a Fed announcement about tapering in September, Esty Dwek, a global market strategist at Natixis Investment Managers, told Bloomberg Television. “Tapering doesn’t matter that much for markets. It’s priced in, it’s expected. But the reality is that interest rate hikes matter.” Justifying this view wasGoldman's latest GDP forecast cuton Monday, its third in the past month, which saw the bank trim its full-year 2021 GDP forecast to 5.7% from 6.0%.</p>\n<p><img src=\"https://static.tigerbbs.com/858faccbc6f7fdcbcba5f727c38900c2\" tg-width=\"952\" tg-height=\"625\" width=\"100%\" height=\"auto\">The S&amp;P 500 and the Nasdaq have gained around 1.5% each since Aug. 27 following dovish commentary from Fed Chair Jerome Powell at the Jackson Hole Symposium where he again said that a stable job market was an essential goal for the central bank to start pulling back monetary support.</p>\n<p>Optimism that the Fed will delay tapering was offset by concerns that the ECB could turn hawkish at its meeting this week: “There is a growing expectation that the European Central Bank could start talking about tapering its bond purchases sooner rather than later,”&nbsp;Ipek Ozkardeskaya, a senior analyst at Swissquote Group Holdings, wrote in a note. “The ECB hawks who have been in a retreat for the past year won’t stay quiet for longer facing the rising inflation threat.”</p>\n<p>Asian stocks climbed, driven by Japanese shares<b>that extended a rally after the prime minister’s resignation announcement and a surge in Hong Kong-traded tech names.</b>The MSCI Asia Pacific Index advanced as much as 0.5%, led by the communication-services and consumer-discretionary sectors. Japan’s Nikkei 225 Stock Average briefly broke above the 30,000 level for the first time since April as a reshuffle of the blue-chip gauge added to optimism stoked by potential policy changes that could come under a new national leader. Japanese Finance Minister Aso said<b>they will consider compiling a budget with focus on digital, environmental policies, regional economies and ageing population.</b>Furthermore, he doubts if Japan's finances would risk a weaker JPY and inflation, while he suggested it would be good for the next PM to boost government revenue and restrain spending (yes, he really said that).</p>\n<p>Adding to the good news was the report that Chinese export growth unexpectedly surged in August, allaying concerns the pandemic is delaying economic reopening and creating supply-chain bottlenecks. China's exports accelerated to 25.6% yoy in August, a sequential rebound of 3.3% in August vs. -0.3% in July. Imports rose 33.1% yoy in August, and grew 2.1% mom sa non-annualized in August (vs. -6.4% in July). Both exports and imports surprised to the upside despite the disruptions to operations at Ningbo port in August due to the local outbreak. Monthly trade surplus rose to $58.3bn in August.</p>\n<p><img src=\"https://static.tigerbbs.com/eaa2b6673ab863a92d8ad2a5cbb10328\" tg-width=\"575\" tg-height=\"369\" width=\"100%\" height=\"auto\"><b>In FX,</b> the Bloomberg Dollar Spot Index erased losses as a rally in regional equities stalled and the greenback traded mixed versus its Group-of-10 peers, though most moves were relatively small.<b>Australia’s dollar was the worst G-10 performer as it reversed an earlier gain after the central bank said it will maintain its debt purchases until at least-mid February,</b>instead of an earlier target of November this year. Ten of 16 economists surveyed by Bloomberg had expected the RBA to defer scaling back quantitative easing. The central bank held its cash rate at 0.1% at the meeting. The euro was little changed, shrugging off data that showed investor confidence in the German economy declining for a fourth month amid worsening infection rates and global supply disruptions. The pound hovered ahead of U.K. Prime Minister Boris Johnson announcing a long-awaited plan to reform social care. If the “key interest rate does rise in the next year or so, it’s likely that any rise would be relatively limited,” Bank of England policy maker Michael Saunders said in a speech on Tuesday. Japanese government bond futures rose after a smooth auction of 30-year debt soothed sentiment toward the nation’s debt market. The yen traded in a narrow range.<b>Emerging-market currencies weakened for the first time in three days as the dollar climbed along with U.S. yields.</b>Higher-yielding currencies, including the South African rand and Russian ruble, led declines after outperforming peers last week on expectations for continuing monetary support from the Federal Reserve.</p>\n<p><b>In rates, </b>Treasury yields were cheaper by up to 4bp across 7- to 20-year sectors,<b>with 10-year yields sit around 1.36%, mildly outperforming bunds while gilts trade slightly richer.</b>Treasuries were pressured lower with losses led by intermediates out to long-end ahead of this week’s supply, which kicks off Tuesday with $58b 3-year note sale.&nbsp; Mild risk-on in Asia spurred by China trade data beat saw stocks close higher and Treasuries trade heavy, adding to auction concessions. U.S. auction cycle includes 10- and 30-year offerings Wednesday and Thursday. Peripheral spreads have a marginal tightening bias to core; Spain underperformed slightly with focus today on issuance of the sovereign’s inaugural green bond.</p>\n<p>In commodities, crude futures drift within Monday’s trading range. WTI hovers near $69. Brent near $72.50. Spot gold drops ~$10 to trade near $1,813/oz. LME copper underperforms peers with a 1% decline.</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 Tuesday</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 Tuesday\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\">2021-09-07 19:55</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul>\n <li>U.S. stock futureswere flat Tuesday.</li>\n <li>On Wall Street, cyclical stocks are the best performers, led by Financials. Info Tech,&nbsp;Communication Services and Energy are slightly lower.</li>\n <li>The dollar and Treasuries yields rose, gold and cryptos dropped.</li>\n <li>Bitcoin could be active today asit becomes legal tender in El Salvador and has gained the attention of the Reddit crowd.</li>\n</ul>\n<p>(Sept 7)&nbsp;European bourses dipped in the red and a rally in US equity futures which traded near all-time highs after the Labor Day holiday fizzled, as&nbsp; investors weighed China’s better-than-forecast&nbsp;trade data against the growing likelihood of fading central-bank support. S&amp;P500 futures traded fractionally in the green and Nasdaq 100 indexes slipped and equity gains in China and Japan were followed by losses in Europe as investors speculated the ECB may get ready to roll back stimulus. The dollar and Treasuries yields rose, gold and cryptos dropped.</p>\n<p>At 8:00 a.m. ET, Dow E-minis were up 33 points, or 0.09%, S&amp;P 500 E-minis were up 2.5 points, or 0.06% and Nasdaq 100 E-minis were up 2.75 points, or 0.02%.</p>\n<p><img src=\"https://static.tigerbbs.com/774e551b2ebb39de9eaeec90e5af95c9\" tg-width=\"1242\" tg-height=\"518\" referrerpolicy=\"no-referrer\"></p>\n<p>Tech gigacaps such as Microsoft, Amazon.com and Facebook eased about 0.2% each, while Apple and Google were slightly higher.</p>\n<p>Tracking benchmark bond yields higher, banks including Wells Fargo, Goldman Sachs, Citigroup and JP Morgan rose between 0.4% and 0.5%.</p>\n<p>Among meme stocks, IronNet more than doubled in value in premarket trading after the cybersecurity company was touted on Reddit and StockTwits.&nbsp;</p>\n<p>Chinese technology stocks listed in the U.S. rose premarket, amid surprisingly strong trade data (see below), renewed demand for technology shares, the lack of new regulatory announcements and Tencent’s plans to buy back more shares. Alibaba (BABA) was up 2.35% and Didi (DIDI) gained 2.55%, while Baidu (BIDU) gains 3.33%.</p>\n<p><img src=\"https://static.tigerbbs.com/f7d4a60cfccf02d72f36227e0e14cd3e\" tg-width=\"274\" tg-height=\"716\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Stocks making the biggest moves premarket:</b></p>\n<ul>\n <li>Alcoa (AA) shares rise 2.9%&nbsp;premarket, catching up with the jump in aluminum prices seen on Monday when U.S. markets were closed.</li>\n <li>Farfetch (FTCH) drops 0.7% after Arete downgraded the stock to sell, citing China risks along with a drag to gross margin from Tmall fees.</li>\n <li>Columbia Property Trust Inc (CXP) jumped 15.8% after Pacific Investment Management Company said it would buy the company for $2.2 billion.</li>\n <li>InflaRx (IFRX) shares rally 23% after it was among the companies awarded grants in Germany for Covid-19 drug development.</li>\n <li>IronNet (IRNT) shares soar 106% with the stock being touted on Reddit and StockTwits.</li>\n <li>Match Group (MTCH) surges 14% on being named to the S&amp;P 500 Index.</li>\n <li>Moderna (MRNA) declines 1.6% after report that Japan’s health ministry said that a man in his 40s died after receiving the biotech’s Covid-19 vaccine from production lots that are being recalled due to possible contamination</li>\n <li>Vertex Pharmaceuticals fell 1.8% in early New York trading after Morgan Stanley cut its stock recommendation to underweight.</li>\n</ul>\n<p>The world’s biggest economy remains “in good health” despite a recent increase in Covid-19 infections, according to Mark Haefele, chief investment officer at UBS Global Wealth. “This will support stocks, in our view, especially in cyclical industries like energy and financials,” Haefele said. “We continue to advise investors to position for reopening and recovery.”</p>\n<p>Another thing that supports stocks is that the market is no longer expecting a Fed announcement about tapering in September, Esty Dwek, a global market strategist at Natixis Investment Managers, told Bloomberg Television. “Tapering doesn’t matter that much for markets. It’s priced in, it’s expected. But the reality is that interest rate hikes matter.” Justifying this view wasGoldman's latest GDP forecast cuton Monday, its third in the past month, which saw the bank trim its full-year 2021 GDP forecast to 5.7% from 6.0%.</p>\n<p><img src=\"https://static.tigerbbs.com/858faccbc6f7fdcbcba5f727c38900c2\" tg-width=\"952\" tg-height=\"625\" width=\"100%\" height=\"auto\">The S&amp;P 500 and the Nasdaq have gained around 1.5% each since Aug. 27 following dovish commentary from Fed Chair Jerome Powell at the Jackson Hole Symposium where he again said that a stable job market was an essential goal for the central bank to start pulling back monetary support.</p>\n<p>Optimism that the Fed will delay tapering was offset by concerns that the ECB could turn hawkish at its meeting this week: “There is a growing expectation that the European Central Bank could start talking about tapering its bond purchases sooner rather than later,”&nbsp;Ipek Ozkardeskaya, a senior analyst at Swissquote Group Holdings, wrote in a note. “The ECB hawks who have been in a retreat for the past year won’t stay quiet for longer facing the rising inflation threat.”</p>\n<p>Asian stocks climbed, driven by Japanese shares<b>that extended a rally after the prime minister’s resignation announcement and a surge in Hong Kong-traded tech names.</b>The MSCI Asia Pacific Index advanced as much as 0.5%, led by the communication-services and consumer-discretionary sectors. Japan’s Nikkei 225 Stock Average briefly broke above the 30,000 level for the first time since April as a reshuffle of the blue-chip gauge added to optimism stoked by potential policy changes that could come under a new national leader. Japanese Finance Minister Aso said<b>they will consider compiling a budget with focus on digital, environmental policies, regional economies and ageing population.</b>Furthermore, he doubts if Japan's finances would risk a weaker JPY and inflation, while he suggested it would be good for the next PM to boost government revenue and restrain spending (yes, he really said that).</p>\n<p>Adding to the good news was the report that Chinese export growth unexpectedly surged in August, allaying concerns the pandemic is delaying economic reopening and creating supply-chain bottlenecks. China's exports accelerated to 25.6% yoy in August, a sequential rebound of 3.3% in August vs. -0.3% in July. Imports rose 33.1% yoy in August, and grew 2.1% mom sa non-annualized in August (vs. -6.4% in July). Both exports and imports surprised to the upside despite the disruptions to operations at Ningbo port in August due to the local outbreak. Monthly trade surplus rose to $58.3bn in August.</p>\n<p><img src=\"https://static.tigerbbs.com/eaa2b6673ab863a92d8ad2a5cbb10328\" tg-width=\"575\" tg-height=\"369\" width=\"100%\" height=\"auto\"><b>In FX,</b> the Bloomberg Dollar Spot Index erased losses as a rally in regional equities stalled and the greenback traded mixed versus its Group-of-10 peers, though most moves were relatively small.<b>Australia’s dollar was the worst G-10 performer as it reversed an earlier gain after the central bank said it will maintain its debt purchases until at least-mid February,</b>instead of an earlier target of November this year. Ten of 16 economists surveyed by Bloomberg had expected the RBA to defer scaling back quantitative easing. The central bank held its cash rate at 0.1% at the meeting. The euro was little changed, shrugging off data that showed investor confidence in the German economy declining for a fourth month amid worsening infection rates and global supply disruptions. The pound hovered ahead of U.K. Prime Minister Boris Johnson announcing a long-awaited plan to reform social care. If the “key interest rate does rise in the next year or so, it’s likely that any rise would be relatively limited,” Bank of England policy maker Michael Saunders said in a speech on Tuesday. Japanese government bond futures rose after a smooth auction of 30-year debt soothed sentiment toward the nation’s debt market. The yen traded in a narrow range.<b>Emerging-market currencies weakened for the first time in three days as the dollar climbed along with U.S. yields.</b>Higher-yielding currencies, including the South African rand and Russian ruble, led declines after outperforming peers last week on expectations for continuing monetary support from the Federal Reserve.</p>\n<p><b>In rates, </b>Treasury yields were cheaper by up to 4bp across 7- to 20-year sectors,<b>with 10-year yields sit around 1.36%, mildly outperforming bunds while gilts trade slightly richer.</b>Treasuries were pressured lower with losses led by intermediates out to long-end ahead of this week’s supply, which kicks off Tuesday with $58b 3-year note sale.&nbsp; Mild risk-on in Asia spurred by China trade data beat saw stocks close higher and Treasuries trade heavy, adding to auction concessions. U.S. auction cycle includes 10- and 30-year offerings Wednesday and Thursday. Peripheral spreads have a marginal tightening bias to core; Spain underperformed slightly with focus today on issuance of the sovereign’s inaugural green bond.</p>\n<p>In commodities, crude futures drift within Monday’s trading range. WTI hovers near $69. Brent near $72.50. Spot gold drops ~$10 to trade near $1,813/oz. LME copper underperforms peers with a 1% decline.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169993498","content_text":"U.S. stock futureswere flat Tuesday.\nOn Wall Street, cyclical stocks are the best performers, led by Financials. Info Tech, Communication Services and Energy are slightly lower.\nThe dollar and Treasuries yields rose, gold and cryptos dropped.\nBitcoin could be active today asit becomes legal tender in El Salvador and has gained the attention of the Reddit crowd.\n\n(Sept 7) European bourses dipped in the red and a rally in US equity futures which traded near all-time highs after the Labor Day holiday fizzled, as  investors weighed China’s better-than-forecast trade data against the growing likelihood of fading central-bank support. S&P500 futures traded fractionally in the green and Nasdaq 100 indexes slipped and equity gains in China and Japan were followed by losses in Europe as investors speculated the ECB may get ready to roll back stimulus. The dollar and Treasuries yields rose, gold and cryptos dropped.\nAt 8:00 a.m. ET, Dow E-minis were up 33 points, or 0.09%, S&P 500 E-minis were up 2.5 points, or 0.06% and Nasdaq 100 E-minis were up 2.75 points, or 0.02%.\n\nTech gigacaps such as Microsoft, Amazon.com and Facebook eased about 0.2% each, while Apple and Google were slightly higher.\nTracking benchmark bond yields higher, banks including Wells Fargo, Goldman Sachs, Citigroup and JP Morgan rose between 0.4% and 0.5%.\nAmong meme stocks, IronNet more than doubled in value in premarket trading after the cybersecurity company was touted on Reddit and StockTwits. \nChinese technology stocks listed in the U.S. rose premarket, amid surprisingly strong trade data (see below), renewed demand for technology shares, the lack of new regulatory announcements and Tencent’s plans to buy back more shares. Alibaba (BABA) was up 2.35% and Didi (DIDI) gained 2.55%, while Baidu (BIDU) gains 3.33%.\n\nStocks making the biggest moves premarket:\n\nAlcoa (AA) shares rise 2.9% premarket, catching up with the jump in aluminum prices seen on Monday when U.S. markets were closed.\nFarfetch (FTCH) drops 0.7% after Arete downgraded the stock to sell, citing China risks along with a drag to gross margin from Tmall fees.\nColumbia Property Trust Inc (CXP) jumped 15.8% after Pacific Investment Management Company said it would buy the company for $2.2 billion.\nInflaRx (IFRX) shares rally 23% after it was among the companies awarded grants in Germany for Covid-19 drug development.\nIronNet (IRNT) shares soar 106% with the stock being touted on Reddit and StockTwits.\nMatch Group (MTCH) surges 14% on being named to the S&P 500 Index.\nModerna (MRNA) declines 1.6% after report that Japan’s health ministry said that a man in his 40s died after receiving the biotech’s Covid-19 vaccine from production lots that are being recalled due to possible contamination\nVertex Pharmaceuticals fell 1.8% in early New York trading after Morgan Stanley cut its stock recommendation to underweight.\n\nThe world’s biggest economy remains “in good health” despite a recent increase in Covid-19 infections, according to Mark Haefele, chief investment officer at UBS Global Wealth. “This will support stocks, in our view, especially in cyclical industries like energy and financials,” Haefele said. “We continue to advise investors to position for reopening and recovery.”\nAnother thing that supports stocks is that the market is no longer expecting a Fed announcement about tapering in September, Esty Dwek, a global market strategist at Natixis Investment Managers, told Bloomberg Television. “Tapering doesn’t matter that much for markets. It’s priced in, it’s expected. But the reality is that interest rate hikes matter.” Justifying this view wasGoldman's latest GDP forecast cuton Monday, its third in the past month, which saw the bank trim its full-year 2021 GDP forecast to 5.7% from 6.0%.\nThe S&P 500 and the Nasdaq have gained around 1.5% each since Aug. 27 following dovish commentary from Fed Chair Jerome Powell at the Jackson Hole Symposium where he again said that a stable job market was an essential goal for the central bank to start pulling back monetary support.\nOptimism that the Fed will delay tapering was offset by concerns that the ECB could turn hawkish at its meeting this week: “There is a growing expectation that the European Central Bank could start talking about tapering its bond purchases sooner rather than later,” Ipek Ozkardeskaya, a senior analyst at Swissquote Group Holdings, wrote in a note. “The ECB hawks who have been in a retreat for the past year won’t stay quiet for longer facing the rising inflation threat.”\nAsian stocks climbed, driven by Japanese sharesthat extended a rally after the prime minister’s resignation announcement and a surge in Hong Kong-traded tech names.The MSCI Asia Pacific Index advanced as much as 0.5%, led by the communication-services and consumer-discretionary sectors. Japan’s Nikkei 225 Stock Average briefly broke above the 30,000 level for the first time since April as a reshuffle of the blue-chip gauge added to optimism stoked by potential policy changes that could come under a new national leader. Japanese Finance Minister Aso saidthey will consider compiling a budget with focus on digital, environmental policies, regional economies and ageing population.Furthermore, he doubts if Japan's finances would risk a weaker JPY and inflation, while he suggested it would be good for the next PM to boost government revenue and restrain spending (yes, he really said that).\nAdding to the good news was the report that Chinese export growth unexpectedly surged in August, allaying concerns the pandemic is delaying economic reopening and creating supply-chain bottlenecks. China's exports accelerated to 25.6% yoy in August, a sequential rebound of 3.3% in August vs. -0.3% in July. Imports rose 33.1% yoy in August, and grew 2.1% mom sa non-annualized in August (vs. -6.4% in July). Both exports and imports surprised to the upside despite the disruptions to operations at Ningbo port in August due to the local outbreak. Monthly trade surplus rose to $58.3bn in August.\nIn FX, the Bloomberg Dollar Spot Index erased losses as a rally in regional equities stalled and the greenback traded mixed versus its Group-of-10 peers, though most moves were relatively small.Australia’s dollar was the worst G-10 performer as it reversed an earlier gain after the central bank said it will maintain its debt purchases until at least-mid February,instead of an earlier target of November this year. Ten of 16 economists surveyed by Bloomberg had expected the RBA to defer scaling back quantitative easing. The central bank held its cash rate at 0.1% at the meeting. The euro was little changed, shrugging off data that showed investor confidence in the German economy declining for a fourth month amid worsening infection rates and global supply disruptions. The pound hovered ahead of U.K. Prime Minister Boris Johnson announcing a long-awaited plan to reform social care. If the “key interest rate does rise in the next year or so, it’s likely that any rise would be relatively limited,” Bank of England policy maker Michael Saunders said in a speech on Tuesday. Japanese government bond futures rose after a smooth auction of 30-year debt soothed sentiment toward the nation’s debt market. The yen traded in a narrow range.Emerging-market currencies weakened for the first time in three days as the dollar climbed along with U.S. yields.Higher-yielding currencies, including the South African rand and Russian ruble, led declines after outperforming peers last week on expectations for continuing monetary support from the Federal Reserve.\nIn rates, Treasury yields were cheaper by up to 4bp across 7- to 20-year sectors,with 10-year yields sit around 1.36%, mildly outperforming bunds while gilts trade slightly richer.Treasuries were pressured lower with losses led by intermediates out to long-end ahead of this week’s supply, which kicks off Tuesday with $58b 3-year note sale.  Mild risk-on in Asia spurred by China trade data beat saw stocks close higher and Treasuries trade heavy, adding to auction concessions. U.S. auction cycle includes 10- and 30-year offerings Wednesday and Thursday. Peripheral spreads have a marginal tightening bias to core; Spain underperformed slightly with focus today on issuance of the sovereign’s inaugural green bond.\nIn commodities, crude futures drift within Monday’s trading range. WTI hovers near $69. Brent near $72.50. Spot gold drops ~$10 to trade near $1,813/oz. LME copper underperforms peers with a 1% decline.","news_type":1},"isVote":1,"tweetType":1,"viewCount":711,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":891760905,"gmtCreate":1628430458407,"gmtModify":1703506166498,"author":{"id":"3575084008680468","authorId":"3575084008680468","name":"Hb_","avatar":"https://static.tigerbbs.com/2e6b4bec98a0dbb1567834e4f467227b","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575084008680468","authorIdStr":"3575084008680468"},"themes":[],"htmlText":"Wa","listText":"Wa","text":"Wa","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/891760905","repostId":"1159872041","repostType":4,"repost":{"id":"1159872041","kind":"news","pubTimestamp":1628385224,"share":"https://ttm.financial/m/news/1159872041?lang=&edition=fundamental","pubTime":"2021-08-08 09:13","market":"us","language":"en","title":"Tesla Stock: Headed to $1,200?","url":"https://stock-news.laohu8.com/highlight/detail?id=1159872041","media":"Motley Fool","summary":"Tesla deliveries more than doubled year over year in Q2.Rising demand for electric vehicles could benefit Tesla.Investors should exercise caution when it comes to analysts' price targets.It's been a wild year for Teslastock. When the year started, shares initially surged more than 20%. But the stock has now given up all of those gains, with a year-to-date return of negative 1%. This means the stock has significantly underperformed the S&P 500's 18% gain this year.In February,Piper Sandler analys","content":"<p><b>Key Points</b></p>\n<ul>\n <li>Tesla deliveries more than doubled year over year in Q2.</li>\n <li>Rising demand for electric vehicles could benefit Tesla.</li>\n <li>Investors should exercise caution when it comes to analysts' price targets.</li>\n</ul>\n<p>It's been a wild year for&nbsp;<b>Tesla</b>(NASDAQ:TSLA)stock. When the year started, shares initially surged more than 20%. But the stock has now given up all of those gains, with a year-to-date return of negative 1%. This means the stock has significantly underperformed the&nbsp;<b>S&amp;P 500</b>'s 18% gain this year.</p>\n<p>But one analyst thinks the stock could take off.</p>\n<p><b>\"We still really like this stock.\"</b></p>\n<p>In February,<b>Piper Sandler</b>&nbsp;analyst Alexander Pottermade a bold call, boosting his 12-month price target for thegrowth stockfrom $515 to $1,200. He said Tesla deliveries could increase from 500,000 vehicles in 2020 to nearly 900,000 this year. Of course, this projection was made before global supply shortages worsened. Nevertheless, Tesla is growing extremely rapidly. The company's second-quarter deliveries more than doubled compared to the year-ago quarter, rising to 201,304.</p>\n<p>Following Tesla's second-quarter earnings release late last month, the analyst reiterated this target, noting that the company looks poised to benefit from market share gains, the monetization of the company's Autopilot software, and \"underappreciated opportunities\" in Tesla's energy business, which includes revenue from battery energy storage and solar energy generation products.</p>\n<p>Further, Potter pointed to Tesla's strong second-quarter operating margin of 11%, which he expects will see incremental improvement from Tesla's recently launched Autopilot subscription.</p>\n<p>On Aug. 3, Potter once again reiterated an overweight rating on the stock and a $1,200 price target, saying \"We still really like this stock.\" He pointed to growing demand for battery electric vehicles overall.</p>\n<p><b>So what gives?</b></p>\n<p>If shares could truly rise to $1,200, why do so many investors seem to think the stock is worth so much less (based on the stock's price of just under $700 at the time of this writing). After all, if $1,200 was generally viewed by investors as a likely outcome for Tesla stock within the next 12 months, shares would be trading significantly higher today.</p>\n<p>The issue boils down to the stock's forward-looking valuation. With a price-to-earnings ratio of about 370 at the time of this writing, Tesla shares are largely priced for strong growth for years to come. Since the company's valuation is based largely on profits far into the future, slight variances in views for Tesla's future growth trajectory yield dramatically different assumptions about the stock's intrinsic value today.</p>\n<p>Investors, therefore, shouldn't be quick to buy Tesla stock just because one analyst has a high price target for shares. Still, Potter does notably have some good points about Tesla's strong business momentum. Even Tesla itself reiterated guidance for vehicle deliveries to grow more than 50% this year -- and that guidance was provided during a time that many companies around the world (including Tesla) are negatively impacted by supply chain shortages. Further, Tesla management noted in its second-quarter update that demand for its vehicles was at an all-time high going into Q3.</p>\n<p>While a $1,200 price target for Tesla stock would be difficult to justify, shares may be trading low enough for investors to start a small position in the stock.</p>\n<p></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>Tesla Stock: Headed to $1,200?</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\">\nTesla Stock: Headed to $1,200?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-08 09:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/08/07/tesla-stock-headed-to-1200/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Key Points\n\nTesla deliveries more than doubled year over year in Q2.\nRising demand for electric vehicles could benefit Tesla.\nInvestors should exercise caution when it comes to analysts' price targets...</p>\n\n<a href=\"https://www.fool.com/investing/2021/08/07/tesla-stock-headed-to-1200/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.fool.com/investing/2021/08/07/tesla-stock-headed-to-1200/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1159872041","content_text":"Key Points\n\nTesla deliveries more than doubled year over year in Q2.\nRising demand for electric vehicles could benefit Tesla.\nInvestors should exercise caution when it comes to analysts' price targets.\n\nIt's been a wild year for Tesla(NASDAQ:TSLA)stock. When the year started, shares initially surged more than 20%. But the stock has now given up all of those gains, with a year-to-date return of negative 1%. This means the stock has significantly underperformed the S&P 500's 18% gain this year.\nBut one analyst thinks the stock could take off.\n\"We still really like this stock.\"\nIn February,Piper Sandler analyst Alexander Pottermade a bold call, boosting his 12-month price target for thegrowth stockfrom $515 to $1,200. He said Tesla deliveries could increase from 500,000 vehicles in 2020 to nearly 900,000 this year. Of course, this projection was made before global supply shortages worsened. Nevertheless, Tesla is growing extremely rapidly. The company's second-quarter deliveries more than doubled compared to the year-ago quarter, rising to 201,304.\nFollowing Tesla's second-quarter earnings release late last month, the analyst reiterated this target, noting that the company looks poised to benefit from market share gains, the monetization of the company's Autopilot software, and \"underappreciated opportunities\" in Tesla's energy business, which includes revenue from battery energy storage and solar energy generation products.\nFurther, Potter pointed to Tesla's strong second-quarter operating margin of 11%, which he expects will see incremental improvement from Tesla's recently launched Autopilot subscription.\nOn Aug. 3, Potter once again reiterated an overweight rating on the stock and a $1,200 price target, saying \"We still really like this stock.\" He pointed to growing demand for battery electric vehicles overall.\nSo what gives?\nIf shares could truly rise to $1,200, why do so many investors seem to think the stock is worth so much less (based on the stock's price of just under $700 at the time of this writing). After all, if $1,200 was generally viewed by investors as a likely outcome for Tesla stock within the next 12 months, shares would be trading significantly higher today.\nThe issue boils down to the stock's forward-looking valuation. With a price-to-earnings ratio of about 370 at the time of this writing, Tesla shares are largely priced for strong growth for years to come. Since the company's valuation is based largely on profits far into the future, slight variances in views for Tesla's future growth trajectory yield dramatically different assumptions about the stock's intrinsic value today.\nInvestors, therefore, shouldn't be quick to buy Tesla stock just because one analyst has a high price target for shares. Still, Potter does notably have some good points about Tesla's strong business momentum. Even Tesla itself reiterated guidance for vehicle deliveries to grow more than 50% this year -- and that guidance was provided during a time that many companies around the world (including Tesla) are negatively impacted by supply chain shortages. Further, Tesla management noted in its second-quarter update that demand for its vehicles was at an all-time high going into Q3.\nWhile a $1,200 price target for Tesla stock would be difficult to justify, shares may be trading low enough for investors to start a small position in the stock.","news_type":1},"isVote":1,"tweetType":1,"viewCount":112,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":890743907,"gmtCreate":1628137274609,"gmtModify":1703501927604,"author":{"id":"3575084008680468","authorId":"3575084008680468","name":"Hb_","avatar":"https://static.tigerbbs.com/2e6b4bec98a0dbb1567834e4f467227b","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575084008680468","authorIdStr":"3575084008680468"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/890743907","repostId":"1177429885","repostType":4,"isVote":1,"tweetType":1,"viewCount":195,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":804739439,"gmtCreate":1627978877721,"gmtModify":1703498989905,"author":{"id":"3575084008680468","authorId":"3575084008680468","name":"Hb_","avatar":"https://static.tigerbbs.com/2e6b4bec98a0dbb1567834e4f467227b","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575084008680468","authorIdStr":"3575084008680468"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/804739439","repostId":"1121774126","repostType":4,"repost":{"id":"1121774126","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1627978609,"share":"https://ttm.financial/m/news/1121774126?lang=&edition=fundamental","pubTime":"2021-08-03 16:16","market":"us","language":"en","title":"Some Chinese stocks fell in premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1121774126","media":"Tiger Newspress","summary":"(August 3) Some Chinese stocks fell in premarket trading.\nNetEase slumped nearly 9% in premarket tra","content":"<p>(August 3)&nbsp;Some&nbsp;Chinese&nbsp;stocks&nbsp;fell&nbsp;in&nbsp;premarket&nbsp;trading.</p>\n<p><a href=\"https://laohu8.com/S/NTES\">NetEase</a>&nbsp;slumped&nbsp;nearly&nbsp;9%&nbsp;in premarket trading&nbsp;, after a Chinese state media outlet branded online video games “spiritual opium”, worrying investors that the sector may be next in regulators’ crosshairs.</p>\n<p><img src=\"https://static.tigerbbs.com/0a418124bdc002b11c55e61edb23f1df\" tg-width=\"370\" tg-height=\"644\" referrerpolicy=\"no-referrer\">China — Shares ofTencentandNetEaseplunged on Tuesday after Chinese state media branded online gaming “opium” and likened it to a drug.</p>\n<p>The article also called for further restrictions on the industry in order to prevent addiction and other negative impacts on children.</p>\n<p>However, the article was deleted a few hours after publication.</p>\n<p>Tencent shares fell around 10% in the morning, while NetEase was almost 14% lower in Hong Kong. Shares pared losses later in the day but were still substantially lower. Tencent is one of the world’s largest gaming companies responsible for high-profile games like “Honor of Kings.”</p>\n<p>NetEase declined to comment. Tencent was not immediately available for comment.</p>\n<p>Thearticle, by Economic Information Daily, a Chinese state-run publication that’s affiliated to the official Xinhua&nbsp;newspaper, said that online gaming addiction among children is “widespread” and could negatively impact their growth.</p>\n<p>The article said that in 2020, more than half China’s children were nearsighted and online games affects their education.</p>\n<p>The sentiment in the article is not that new. For a long time, the Chinese government has been concerned about the impact of video games on minors.</p>\n<p>In 2018, Beijing froze new game approvalsover concerns that gaming was impacting youngsters’ eyesight. In China, online games require approvals from the regulators.</p>\n<p>In 2019, China brought in rules that banned those under 18 years from playing online games between 10 p.m. and 8 a.m. and restricted the amount of time they could play.</p>\n<p>“The article brought attention to gaming addiction among minors. It is reminiscent of older articles where video games were compared to digital heroin,” said Daniel Ahmad, senior analyst at Niko Partners.</p>\n<p>“The timing of the article has raised concern among investors given the recent crackdown on tech companies and the education/tutoring sector.”</p>\n<p>Tencent announces new measures</p>\n<p>The article also called for more control over the amount of time children are playing games for and review content of games more stringently to reduce the amount of “improper” information shown to minors.</p>\n<p>“For the next step, there should be stricter controls over the amount of time minors play online games. It should be reduced by large amount from current level,” the article said, according to a CNBC translation.</p>\n<p>Both NetEase and Tencent have introduced measures to protect young players including real-name registrations to play games. Last month, Tencent introduced a facial recognition feature on smartphones toverify that the gamer is an adult.</p>\n<p>But after the publication of the article on Tuesday, Tencent announced further gaming restrictions</p>\n<p>It will reduce the amount of time those under 18 years old can play the company’s games on non-holiday days from 90 minutes to one hour and on holidays from 3 hours to 2 hours.</p>\n<p>Tencent will also bar children under 12 years old from spending money in the game.</p>\n<p>The gaming giant said it will also crack down on identity fraud to find minors who are using adults’ accounts to play games. These new measures will begin with Tencent’s “Honor of Kings” game and eventually roll out to other titles.</p>\n<p>Tencent also called for the whole industry to discuss the feasibility of banning gaming for children under 12.</p>\n<p>Ahmad noted that most revenue in China is generated by players who are 18 years old and above.</p>\n<p>“If more measures come into place to prevent youth addiction to gaming, it won’t stop revenue generating gamers from playing,” Ahmad said.</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>Some Chinese stocks fell in premarket trading</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\">\nSome Chinese stocks fell in premarket trading\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\">2021-08-03 16:16</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(August 3)&nbsp;Some&nbsp;Chinese&nbsp;stocks&nbsp;fell&nbsp;in&nbsp;premarket&nbsp;trading.</p>\n<p><a href=\"https://laohu8.com/S/NTES\">NetEase</a>&nbsp;slumped&nbsp;nearly&nbsp;9%&nbsp;in premarket trading&nbsp;, after a Chinese state media outlet branded online video games “spiritual opium”, worrying investors that the sector may be next in regulators’ crosshairs.</p>\n<p><img src=\"https://static.tigerbbs.com/0a418124bdc002b11c55e61edb23f1df\" tg-width=\"370\" tg-height=\"644\" referrerpolicy=\"no-referrer\">China — Shares ofTencentandNetEaseplunged on Tuesday after Chinese state media branded online gaming “opium” and likened it to a drug.</p>\n<p>The article also called for further restrictions on the industry in order to prevent addiction and other negative impacts on children.</p>\n<p>However, the article was deleted a few hours after publication.</p>\n<p>Tencent shares fell around 10% in the morning, while NetEase was almost 14% lower in Hong Kong. Shares pared losses later in the day but were still substantially lower. Tencent is one of the world’s largest gaming companies responsible for high-profile games like “Honor of Kings.”</p>\n<p>NetEase declined to comment. Tencent was not immediately available for comment.</p>\n<p>Thearticle, by Economic Information Daily, a Chinese state-run publication that’s affiliated to the official Xinhua&nbsp;newspaper, said that online gaming addiction among children is “widespread” and could negatively impact their growth.</p>\n<p>The article said that in 2020, more than half China’s children were nearsighted and online games affects their education.</p>\n<p>The sentiment in the article is not that new. For a long time, the Chinese government has been concerned about the impact of video games on minors.</p>\n<p>In 2018, Beijing froze new game approvalsover concerns that gaming was impacting youngsters’ eyesight. In China, online games require approvals from the regulators.</p>\n<p>In 2019, China brought in rules that banned those under 18 years from playing online games between 10 p.m. and 8 a.m. and restricted the amount of time they could play.</p>\n<p>“The article brought attention to gaming addiction among minors. It is reminiscent of older articles where video games were compared to digital heroin,” said Daniel Ahmad, senior analyst at Niko Partners.</p>\n<p>“The timing of the article has raised concern among investors given the recent crackdown on tech companies and the education/tutoring sector.”</p>\n<p>Tencent announces new measures</p>\n<p>The article also called for more control over the amount of time children are playing games for and review content of games more stringently to reduce the amount of “improper” information shown to minors.</p>\n<p>“For the next step, there should be stricter controls over the amount of time minors play online games. It should be reduced by large amount from current level,” the article said, according to a CNBC translation.</p>\n<p>Both NetEase and Tencent have introduced measures to protect young players including real-name registrations to play games. Last month, Tencent introduced a facial recognition feature on smartphones toverify that the gamer is an adult.</p>\n<p>But after the publication of the article on Tuesday, Tencent announced further gaming restrictions</p>\n<p>It will reduce the amount of time those under 18 years old can play the company’s games on non-holiday days from 90 minutes to one hour and on holidays from 3 hours to 2 hours.</p>\n<p>Tencent will also bar children under 12 years old from spending money in the game.</p>\n<p>The gaming giant said it will also crack down on identity fraud to find minors who are using adults’ accounts to play games. These new measures will begin with Tencent’s “Honor of Kings” game and eventually roll out to other titles.</p>\n<p>Tencent also called for the whole industry to discuss the feasibility of banning gaming for children under 12.</p>\n<p>Ahmad noted that most revenue in China is generated by players who are 18 years old and above.</p>\n<p>“If more measures come into place to prevent youth addiction to gaming, it won’t stop revenue generating gamers from playing,” Ahmad said.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/c93da0dbf32abd71a566d9c13e226f5d","relate_stocks":{"09999":"网易-S","QNETCN":"纳斯达克中美互联网老虎指数","BILI":"哔哩哔哩","NTES":"网易","09626":"哔哩哔哩-W"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1121774126","content_text":"(August 3) Some Chinese stocks fell in premarket trading.\nNetEase slumped nearly 9% in premarket trading , after a Chinese state media outlet branded online video games “spiritual opium”, worrying investors that the sector may be next in regulators’ crosshairs.\nChina — Shares ofTencentandNetEaseplunged on Tuesday after Chinese state media branded online gaming “opium” and likened it to a drug.\nThe article also called for further restrictions on the industry in order to prevent addiction and other negative impacts on children.\nHowever, the article was deleted a few hours after publication.\nTencent shares fell around 10% in the morning, while NetEase was almost 14% lower in Hong Kong. Shares pared losses later in the day but were still substantially lower. Tencent is one of the world’s largest gaming companies responsible for high-profile games like “Honor of Kings.”\nNetEase declined to comment. Tencent was not immediately available for comment.\nThearticle, by Economic Information Daily, a Chinese state-run publication that’s affiliated to the official Xinhua newspaper, said that online gaming addiction among children is “widespread” and could negatively impact their growth.\nThe article said that in 2020, more than half China’s children were nearsighted and online games affects their education.\nThe sentiment in the article is not that new. For a long time, the Chinese government has been concerned about the impact of video games on minors.\nIn 2018, Beijing froze new game approvalsover concerns that gaming was impacting youngsters’ eyesight. In China, online games require approvals from the regulators.\nIn 2019, China brought in rules that banned those under 18 years from playing online games between 10 p.m. and 8 a.m. and restricted the amount of time they could play.\n“The article brought attention to gaming addiction among minors. It is reminiscent of older articles where video games were compared to digital heroin,” said Daniel Ahmad, senior analyst at Niko Partners.\n“The timing of the article has raised concern among investors given the recent crackdown on tech companies and the education/tutoring sector.”\nTencent announces new measures\nThe article also called for more control over the amount of time children are playing games for and review content of games more stringently to reduce the amount of “improper” information shown to minors.\n“For the next step, there should be stricter controls over the amount of time minors play online games. It should be reduced by large amount from current level,” the article said, according to a CNBC translation.\nBoth NetEase and Tencent have introduced measures to protect young players including real-name registrations to play games. Last month, Tencent introduced a facial recognition feature on smartphones toverify that the gamer is an adult.\nBut after the publication of the article on Tuesday, Tencent announced further gaming restrictions\nIt will reduce the amount of time those under 18 years old can play the company’s games on non-holiday days from 90 minutes to one hour and on holidays from 3 hours to 2 hours.\nTencent will also bar children under 12 years old from spending money in the game.\nThe gaming giant said it will also crack down on identity fraud to find minors who are using adults’ accounts to play games. These new measures will begin with Tencent’s “Honor of Kings” game and eventually roll out to other titles.\nTencent also called for the whole industry to discuss the feasibility of banning gaming for children under 12.\nAhmad noted that most revenue in China is generated by players who are 18 years old and above.\n“If more measures come into place to prevent youth addiction to gaming, it won’t stop revenue generating gamers from playing,” Ahmad said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":172,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":100131875,"gmtCreate":1619587416497,"gmtModify":1704726409684,"author":{"id":"3575084008680468","authorId":"3575084008680468","name":"Hb_","avatar":"https://static.tigerbbs.com/2e6b4bec98a0dbb1567834e4f467227b","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575084008680468","authorIdStr":"3575084008680468"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/100131875","repostId":"1124091974","repostType":4,"repost":{"id":"1124091974","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1619567579,"share":"https://ttm.financial/m/news/1124091974?lang=&edition=fundamental","pubTime":"2021-04-28 07:52","market":"us","language":"en","title":"S&P 500 closes flat near a record high ahead","url":"https://stock-news.laohu8.com/highlight/detail?id=1124091974","media":"Tiger Newspress","summary":"The S&P 500 closed little changed near its record level on Tuesday as investors braced for a big bat","content":"<p>The S&amp;P 500 closed little changed near its record level on Tuesday as investors braced for a big batch of tech earnings.</p><p>The broad equity benchmark ended the day less than 0.1% lower at 4,186.72 after hitting a record high in the previous session. The Dow Jones Industrial Average also closed flat at 33,984.93. The tech-heavy Nasdaq Composite slid 0.3% to 14,090.22.</p><p>Shares of&nbsp;Tesla&nbsp;fell 4.5% even after the electric carmaker posted&nbsp;record net income of $438 million.Tesla also beat Wall Street’s earnings and revenue expectations handily, boosted by sales of bitcoin and regulatory credits. The shares have struggled this year, off by more than 20% from their record. The stock is still up more than 300% over the last 12 months.</p><p>UPS shares soared more than 10% after earnings blew past Wall Street estimates. The company said first-quarter revenue was up 27%.</p><p>The first-quarter earnings season kicked into high gear this week with key megacap tech companies such as Alphabet, Microsoft and AMD reporting after the bell Tuesday. Apple and Facebook earnings follow on Wednesday after the bell.</p><p>“Despite the fact that expectations are high, I believe that we are going to see the FANG stocks deliver and I think that’s the catalyst to continue the trajectory of the S&amp;P 500 to new all-time highs,” said Jeff Kilburg, chief investment officer at Sanctuary Wealth. “That’s the paramount focus of the week.”</p><p>So far, with about a third of the S&amp;P 500 having reported numbers, 84% of companies have turned in a positive earnings surprise, according to FactSet. However, stock moves have been relatively muted following the strong results with the market standing at record levels with high valuations.</p><p>On the data front, home prices in February registered&nbsp;the biggest gain in 15 years,rising 12% year over year and up from 11.2% in January, according to the S&amp;P CoreLogic Case-Shiller home price index.</p><p>Meanwhile, consumer confidence climbed sharply to hit a pandemic high with The Conference Board’s index jumping to 121.7, the highest since February 2020.</p><p>GameStop’s&nbsp;stock jumped more than 5% after the video game retailer&nbsp;said&nbsp;it sold 3.5 million additional shares, raising $551 million to speed up the company’s e-commerce transformation.</p><p>“Strong breadth measures suggest stocks still may have more upside,” said Jeff Buchbinder, equity strategist at LPL Financial. “While valuations are elevated, they still appear reasonable when factoring in interest rates and inflation.”</p><p>The Federal Reserve kicked off its two-day policy meeting Tuesday. The central bank is not expected to take any action, but economists expect it to defend its policy to let inflation run hot.</p><p>The latest CNBC Fed Survey&nbsp;sees the central bank staying on hold and keeping its asset-buying program in place at the same levels&nbsp;for the rest of 2021, despite growing concerns about an overheating economy.</p><p><b>Big Tech earnings</b></p><p><a href=\"https://laohu8.com/NW/1157918353\" target=\"_blank\">Microsoft sales grow on cloud strength, shares dip on heightened valuation</a></p><p><a href=\"https://laohu8.com/NW/2130373930\" target=\"_blank\">Google Shares Rise On Revenue And Earnings Beat, $50B Buyback</a></p><p><a href=\"https://laohu8.com/NW/1187199105\" target=\"_blank\">AMD stock rises after earnings show data-center sales more than doubling</a></p><p><a href=\"https://laohu8.com/NW/2130731473\" target=\"_blank\">Pinterest shares sink as easing of pandemic restrictions weighs on user growth</a></p><p><a href=\"https://laohu8.com/NW/2130137370\" target=\"_blank\">Texas Instruments Surpasses Q1 Earnings and Revenue Estimates</a></p><p><a href=\"https://laohu8.com/NW/2130769373\" target=\"_blank\">Starbucks sales miss estimates, shares drop despite rosier forecast</a></p><p><a href=\"https://laohu8.com/NW/2130606373\" target=\"_blank\">Visa stock gains after earnings beat, return to growth for credit transactions</a></p><p><a href=\"https://laohu8.com/NW/2130733443\" target=\"_blank\">Illumina Q1 EPS $1.89 Beats $1.38 Estimate, Sales $1.09B Beat $995.85M Estimate</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>S&P 500 closes flat near a record high ahead</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\">\nS&P 500 closes flat near a record high ahead\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\">2021-04-28 07:52</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>The S&amp;P 500 closed little changed near its record level on Tuesday as investors braced for a big batch of tech earnings.</p><p>The broad equity benchmark ended the day less than 0.1% lower at 4,186.72 after hitting a record high in the previous session. The Dow Jones Industrial Average also closed flat at 33,984.93. The tech-heavy Nasdaq Composite slid 0.3% to 14,090.22.</p><p>Shares of&nbsp;Tesla&nbsp;fell 4.5% even after the electric carmaker posted&nbsp;record net income of $438 million.Tesla also beat Wall Street’s earnings and revenue expectations handily, boosted by sales of bitcoin and regulatory credits. The shares have struggled this year, off by more than 20% from their record. The stock is still up more than 300% over the last 12 months.</p><p>UPS shares soared more than 10% after earnings blew past Wall Street estimates. The company said first-quarter revenue was up 27%.</p><p>The first-quarter earnings season kicked into high gear this week with key megacap tech companies such as Alphabet, Microsoft and AMD reporting after the bell Tuesday. Apple and Facebook earnings follow on Wednesday after the bell.</p><p>“Despite the fact that expectations are high, I believe that we are going to see the FANG stocks deliver and I think that’s the catalyst to continue the trajectory of the S&amp;P 500 to new all-time highs,” said Jeff Kilburg, chief investment officer at Sanctuary Wealth. “That’s the paramount focus of the week.”</p><p>So far, with about a third of the S&amp;P 500 having reported numbers, 84% of companies have turned in a positive earnings surprise, according to FactSet. However, stock moves have been relatively muted following the strong results with the market standing at record levels with high valuations.</p><p>On the data front, home prices in February registered&nbsp;the biggest gain in 15 years,rising 12% year over year and up from 11.2% in January, according to the S&amp;P CoreLogic Case-Shiller home price index.</p><p>Meanwhile, consumer confidence climbed sharply to hit a pandemic high with The Conference Board’s index jumping to 121.7, the highest since February 2020.</p><p>GameStop’s&nbsp;stock jumped more than 5% after the video game retailer&nbsp;said&nbsp;it sold 3.5 million additional shares, raising $551 million to speed up the company’s e-commerce transformation.</p><p>“Strong breadth measures suggest stocks still may have more upside,” said Jeff Buchbinder, equity strategist at LPL Financial. “While valuations are elevated, they still appear reasonable when factoring in interest rates and inflation.”</p><p>The Federal Reserve kicked off its two-day policy meeting Tuesday. The central bank is not expected to take any action, but economists expect it to defend its policy to let inflation run hot.</p><p>The latest CNBC Fed Survey&nbsp;sees the central bank staying on hold and keeping its asset-buying program in place at the same levels&nbsp;for the rest of 2021, despite growing concerns about an overheating economy.</p><p><b>Big Tech earnings</b></p><p><a href=\"https://laohu8.com/NW/1157918353\" target=\"_blank\">Microsoft sales grow on cloud strength, shares dip on heightened valuation</a></p><p><a href=\"https://laohu8.com/NW/2130373930\" target=\"_blank\">Google Shares Rise On Revenue And Earnings Beat, $50B Buyback</a></p><p><a href=\"https://laohu8.com/NW/1187199105\" target=\"_blank\">AMD stock rises after earnings show data-center sales more than doubling</a></p><p><a href=\"https://laohu8.com/NW/2130731473\" target=\"_blank\">Pinterest shares sink as easing of pandemic restrictions weighs on user growth</a></p><p><a href=\"https://laohu8.com/NW/2130137370\" target=\"_blank\">Texas Instruments Surpasses Q1 Earnings and Revenue Estimates</a></p><p><a href=\"https://laohu8.com/NW/2130769373\" target=\"_blank\">Starbucks sales miss estimates, shares drop despite rosier forecast</a></p><p><a href=\"https://laohu8.com/NW/2130606373\" target=\"_blank\">Visa stock gains after earnings beat, return to growth for credit transactions</a></p><p><a href=\"https://laohu8.com/NW/2130733443\" target=\"_blank\">Illumina Q1 EPS $1.89 Beats $1.38 Estimate, Sales $1.09B Beat $995.85M Estimate</a></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PINS":"Pinterest, Inc.",".DJI":"道琼斯",".IXIC":"NASDAQ Composite","GOOG":"谷歌",".SPX":"S&P 500 Index","AMD":"美国超微公司","UPS":"联合包裹","MSFT":"微软","GOOGL":"谷歌A","TSLA":"特斯拉","GME":"游戏驿站"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1124091974","content_text":"The S&P 500 closed little changed near its record level on Tuesday as investors braced for a big batch of tech earnings.The broad equity benchmark ended the day less than 0.1% lower at 4,186.72 after hitting a record high in the previous session. The Dow Jones Industrial Average also closed flat at 33,984.93. The tech-heavy Nasdaq Composite slid 0.3% to 14,090.22.Shares of Tesla fell 4.5% even after the electric carmaker posted record net income of $438 million.Tesla also beat Wall Street’s earnings and revenue expectations handily, boosted by sales of bitcoin and regulatory credits. The shares have struggled this year, off by more than 20% from their record. The stock is still up more than 300% over the last 12 months.UPS shares soared more than 10% after earnings blew past Wall Street estimates. The company said first-quarter revenue was up 27%.The first-quarter earnings season kicked into high gear this week with key megacap tech companies such as Alphabet, Microsoft and AMD reporting after the bell Tuesday. Apple and Facebook earnings follow on Wednesday after the bell.“Despite the fact that expectations are high, I believe that we are going to see the FANG stocks deliver and I think that’s the catalyst to continue the trajectory of the S&P 500 to new all-time highs,” said Jeff Kilburg, chief investment officer at Sanctuary Wealth. “That’s the paramount focus of the week.”So far, with about a third of the S&P 500 having reported numbers, 84% of companies have turned in a positive earnings surprise, according to FactSet. However, stock moves have been relatively muted following the strong results with the market standing at record levels with high valuations.On the data front, home prices in February registered the biggest gain in 15 years,rising 12% year over year and up from 11.2% in January, according to the S&P CoreLogic Case-Shiller home price index.Meanwhile, consumer confidence climbed sharply to hit a pandemic high with The Conference Board’s index jumping to 121.7, the highest since February 2020.GameStop’s stock jumped more than 5% after the video game retailer said it sold 3.5 million additional shares, raising $551 million to speed up the company’s e-commerce transformation.“Strong breadth measures suggest stocks still may have more upside,” said Jeff Buchbinder, equity strategist at LPL Financial. “While valuations are elevated, they still appear reasonable when factoring in interest rates and inflation.”The Federal Reserve kicked off its two-day policy meeting Tuesday. The central bank is not expected to take any action, but economists expect it to defend its policy to let inflation run hot.The latest CNBC Fed Survey sees the central bank staying on hold and keeping its asset-buying program in place at the same levels for the rest of 2021, despite growing concerns about an overheating economy.Big Tech earningsMicrosoft sales grow on cloud strength, shares dip on heightened valuationGoogle Shares Rise On Revenue And Earnings Beat, $50B BuybackAMD stock rises after earnings show data-center sales more than doublingPinterest shares sink as easing of pandemic restrictions weighs on user growthTexas Instruments Surpasses Q1 Earnings and Revenue EstimatesStarbucks sales miss estimates, shares drop despite rosier forecastVisa stock gains after earnings beat, return to growth for credit transactionsIllumina Q1 EPS $1.89 Beats $1.38 Estimate, Sales $1.09B Beat $995.85M Estimate","news_type":1},"isVote":1,"tweetType":1,"viewCount":136,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":814500808,"gmtCreate":1630835483804,"gmtModify":1676530403500,"author":{"id":"3575084008680468","authorId":"3575084008680468","name":"Hb_","avatar":"https://static.tigerbbs.com/2e6b4bec98a0dbb1567834e4f467227b","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575084008680468","authorIdStr":"3575084008680468"},"themes":[],"htmlText":"W","listText":"W","text":"W","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/814500808","repostId":"1157895022","repostType":4,"isVote":1,"tweetType":1,"viewCount":652,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":895800677,"gmtCreate":1628731400999,"gmtModify":1676529834523,"author":{"id":"3575084008680468","authorId":"3575084008680468","name":"Hb_","avatar":"https://static.tigerbbs.com/2e6b4bec98a0dbb1567834e4f467227b","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575084008680468","authorIdStr":"3575084008680468"},"themes":[],"htmlText":"W","listText":"W","text":"W","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/895800677","repostId":"1146833505","repostType":4,"isVote":1,"tweetType":1,"viewCount":79,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":374385277,"gmtCreate":1619419482099,"gmtModify":1704723551279,"author":{"id":"3575084008680468","authorId":"3575084008680468","name":"Hb_","avatar":"https://static.tigerbbs.com/2e6b4bec98a0dbb1567834e4f467227b","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575084008680468","authorIdStr":"3575084008680468"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/374385277","repostId":"1184404050","repostType":4,"repost":{"id":"1184404050","kind":"news","pubTimestamp":1619319329,"share":"https://ttm.financial/m/news/1184404050?lang=&edition=fundamental","pubTime":"2021-04-25 10:55","market":"us","language":"en","title":"What to watch in the markets this week","url":"https://stock-news.laohu8.com/highlight/detail?id=1184404050","media":"CNBC","summary":"The last week of April will be extremely busy for markets with a third of the S&P 500 reporting earnings, a Federal Reserve meeting, and new spending and tax proposals from the White House.Big Tech is a highlight of the earnings calendar, with Apple, Microsoft, Amazon, Facebook and Alphabet all releasing results.The Fed is not expected to take any action, but economists expect it to defend its policy to let inflation run hot.There is some key data including first-quarter gross domestic product a","content":"<div>\n<p>KEY POINTSThe last week of April will be extremely busy for markets with a third of the S&P 500 reporting earnings, a Federal Reserve meeting, and new spending and tax proposals from the White House....</p>\n\n<a href=\"https://www.cnbc.com/2021/04/23/taxes-and-inflation-will-be-key-themes-for-markets-in-the-week-ahead.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","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>What to watch in the markets this week</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; 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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\">\nWhat to watch in the markets this week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-25 10:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/04/23/taxes-and-inflation-will-be-key-themes-for-markets-in-the-week-ahead.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSThe last week of April will be extremely busy for markets with a third of the S&P 500 reporting earnings, a Federal Reserve meeting, and new spending and tax proposals from the White House....</p>\n\n<a href=\"https://www.cnbc.com/2021/04/23/taxes-and-inflation-will-be-key-themes-for-markets-in-the-week-ahead.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果",".IXIC":"NASDAQ Composite","GOOGL":"谷歌A","TSLA":"特斯拉",".SPX":"S&P 500 Index","GOOG":"谷歌",".DJI":"道琼斯","AMZN":"亚马逊"},"source_url":"https://www.cnbc.com/2021/04/23/taxes-and-inflation-will-be-key-themes-for-markets-in-the-week-ahead.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1184404050","content_text":"KEY POINTSThe last week of April will be extremely busy for markets with a third of the S&P 500 reporting earnings, a Federal Reserve meeting, and new spending and tax proposals from the White House.Big Tech is a highlight of the earnings calendar, with Apple, Microsoft, Amazon, Facebook and Alphabet all releasing results.The Fed is not expected to take any action, but economists expect it to defend its policy to let inflation run hot.There is some key data including first-quarter gross domestic product and the Fed’s favorite inflation measure: the personal consumption expenditures deflator.The final week of April is going to be a busy one for markets with a Federal Reserve meeting and a deluge of earnings news.Hot topics in markets will continue to be inflation and taxes.President Joe Biden is expected to detail his “American Families Plan” and the tax increases to pay for it, including a much higher capital gains tax for the wealthy.The plan is the second part of his Build Back Better agenda and will include new spending proposals aimed at helping families. The president addresses a joint session of Congress Wednesday evening.It’s a huge week for earnings with about a third of the S&P 500 reporting, including Big Tech names, such as Apple,Microsoft,Alphabet and Amazon.As many have already done, firms like Boeing, Ford,Caterpillar and McDonald’s, are likely to detail cost pressures they are facing from rising materials and transportation costs and supply chain disruptions.At the same time, the Fed is expected to defend its policy of letting inflation run hot, while assuring markets it sees the pick-up in prices as only temporary. The central bank meets on Tuesday and Wednesday.The central bank takes the main stage“I think the Fed would like not to be a feature next week, but the Fed will be forced from the background because of concerns about inflation,” said Diane Swonk, chief economist at Grant Thornton.The central bank is not expected to make any policy moves, but Fed Chairman Jerome Powell’s press briefing following the meeting Wednesday will be closely watched.So far, the barrage of earnings news has been positive, with 86% of companies reporting earnings beats. Corporate profits are expected to be up about 33.9% for the first quarter, based on estimates and actual reports, according to Refinitiv. Revenues are about 9.9% higher.There is important inflation data Friday when the Fed’s preferred inflation gauge is reported.The personal consumption expenditure report is expected to show a 1.8% rise in core inflation, still below the Fed’s target of 2%. Other data releases include the first-quarter gross domestic product on Thursday, which is expected to have grown by 6.5%, according to Dow Jones.“I think the Fed has no urgency to shift monetary policy at this point,” said Ian Lyngen, head of U.S. rates strategy at BMO. “The Fed needs to acknowledge that the data is improving. We had a strong first quarter.”“The Fed needs to acknowledge that but at the same time they’re keeping extremely accommodative policy in place, so they’ll have to make a note to the fact that the easy policy is warranted,” he said.Lyngen said the Fed will likely point to continued concerns about the pandemic globally as a potential risk to the economic recovery.Powell is also expected to once more explain that the Fed will let inflation rise above its 2% target for a period of time before it raises rates so that the economy can have more time to heal. “It’s going to be a challenge for the Fed,” said Swonk.The base effects for the next several months will make inflation appear to have jumped sharply because of the comparison to a weak period last year. The consumer price index for April could be above 3%, compared to 2.6% last month, Swonk added.“The Fed is trying to let a lot more people get out onto the dance floor before it calls ‘last call,’” she said. “Really what Powell has been saying since day one is if we take care of people on the margins and bring them back into the labor force, the rest will take care of itself.”Stocks were slightly lower in the past week, and Treasury yields held at lower levels. The 10-year yield,which moves opposite price, was at 1.55% Friday.The S&P 500was down 0.1%, ending the week at 4,180, while Nasdaq Composite was down nearly 0.3% at 14,016. The Dow was off just shy of 0.5% at 34,043.Tax hike prospectsStocks were hit hard on Thursday when after a news report said that Biden is expected to propose a capital gains tax rate of 39.6% for people earning more than $1 million a year.Combined with the 3.8% net investment income tax, the new levy would more than double the long term capital gains rate of 20% or the richest Americans.Strategists said Biden is expected to propose raising the income tax rate for those earning more than $400,000.“I think a lot of people are starting to price in the risk there going to be a significant increase in both corporate and capital gains taxes,” said Lyngen.So far, companies have not provided much in the way of commentary on the proposed hike in corporate taxes to 28% from 21% but they have been talking about other costs.David Bianco, chief investment strategist for the Americas at DWS, said he expects larger companies will do better dealing with supply chain constraints than smaller ones. Big Tech is also likely to fare better during the semiconductor shortage than auto makers, which have already announced production shutdowns, he said.“Next week is tech week. I think we’re going to get down on our knees and just be in awe of their business models and their ability to grow at a behemoth scale,” Bianco said.He said he’s not in favor of Wall Street’s popular trade into cyclicals and out of growth. He still favors growth.“We’re overweight equities really because we’re concerned about rising interest rates,” Bianco said. “I’m not bullish in that I expect the market to rise that much from here.”“We stuck with growth and dug deeper into bond substitutes, utilities, staples, real estate,” he said, adding he is underweight industrials, energy and materials. “Energy is doomed. It’s being nationalized via regulation. I do like industrials, they are well-run companies, but I do think infrastructure spending expectations for classic infrastructure are too high.”He also said industrials are good businesses, but the stocks have become overvalued.Bianco said he likes big box stores, but smaller retailers are facing big challenges that were already impacting them prior to Covid. He also finds small biotech firms attractive.“I like healthcare stocks. Those valuations are reasonable. People have been paranoid about politicians beating on them since 1992. They manage through it and lately they’ve been delivering,” he said.Week ahead calendarMondayEarnings:Tesla,Canadian National Railway, Canon,Check Point Software,Otis Worldwide, Vale,Ameriprise,NXP Semiconductor,Albertsons, Royal Phillips8:30 a.m. Durable goodsTuesdayFOMC begins two day meetingEarnings:Microsoft,Alphabet,Visa,Amgen,Advanced Micro Devices,3M,General Electric,Eli Lilly, Hasbro,United Parcel Service,BP,Novartis,JetBlue,Pultegroup,Archer Daniels Midland,Waste Management,Starbucks,Texas Instrument,Chubb,Mondelez,FireEye,Corning,Raytheon9:00 a.m. S&P/Case-Shiller9:00 a.m. FHFA home prices10:00 a.m. Consumer confidence10:00 a.m. Housing vacanciesWednesdayEarnings:Apple, Boeing,Facebook,Qualcomm,Ford,MGM Resorts,Humana,Norfolk Southern,General Dynamics,Boston Scientific, eBay, Samsung Electronics, GlaxoSmithKline,Yum Brands, SiriusXM, Aflac,Cheesecake Factory,Community Health System,CIT Group,Entergy,CME Group,Hess,Ryder System8:30 a.m. Advance economic indicators2:00 p.m. Fed statement2:30 p.m. Fed Chairman Jerome Powell briefingThursdayEarnings:Amazon,Caterpillar,McDonald’s,Twitter,Bristol-Myers Squibb,Comcast,Merck,Northrop Grumman, Airbus,Kraft Heinz,Intercontinental Exchange,Mastercard,Gilead Sciences,U.S. Steel, Cirrus Logic,Texas Roadhouse, Cabot Oil, PG&E,Royal Dutch Shell,Church & Dwight, Carlyle Group,Southern Co.8:30 a.m. Initial jobless claims8:30 a.m. Real GDP Q110:00 a.m. Pending home salesFridayEarnings:ExxonMobil,Chevron,Colgate-Palmolive,AstraZeneca,Clorox,Barclays, AbbVie, BNP Paribas,Weyerhaeuser,Illinois Tool Works, CBOE Global Markets, Lazard,Newell Brands,Aon,LyondellBasell,Pitney Bowes,Phillips 66,Charter Communications8:30 a.m. Personal income and spending8:30 a.m. Employment cost index Q19:45 a.m. Chicago PMI10:00 a.m. Consumer sentimentSaturdayEarnings:Berkshire Hathaway","news_type":1},"isVote":1,"tweetType":1,"viewCount":178,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":835144633,"gmtCreate":1629698088922,"gmtModify":1676530103306,"author":{"id":"3575084008680468","authorId":"3575084008680468","name":"Hb_","avatar":"https://static.tigerbbs.com/2e6b4bec98a0dbb1567834e4f467227b","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575084008680468","authorIdStr":"3575084008680468"},"themes":[],"htmlText":"W","listText":"W","text":"W","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/835144633","repostId":"2161747692","repostType":4,"repost":{"id":"2161747692","kind":"news","pubTimestamp":1629673828,"share":"https://ttm.financial/m/news/2161747692?lang=&edition=fundamental","pubTime":"2021-08-23 07:10","market":"us","language":"en","title":"Fed's Jackson Hole Symposium, personal income and spending: What to know this week","url":"https://stock-news.laohu8.com/highlight/detail?id=2161747692","media":"Yahoo Finance","summary":"Traders this week are poised to focus closely on Federal Reserve policymakers' virtual appearance at","content":"<p>Traders this week are poised to focus closely on Federal Reserve policymakers' virtual appearance at the bank's annual Jackson Hole Economic Policy Symposium.</p>\n<p>The event, which takes place from Thursday to Saturday this week, is set to serve as a forum for more discussions around Fed policymakers' plans to announce and implement a shift in the central bank's monetary policy stance. Namely, investors have been closely watching for months to hear when officials will begin tapering their purchases of Treasury and mortgage securities, which have been taking place at a pace of $120 billion per month for more than a year during the pandemic.</p>\n<p>This asset purchase program had been a major policy underpinning U.S. equity markets this year, providing liquidity throughout the economic crisis induced by the virus. But as the economy makes headway in recovering, Fed officials' talk around pulling in the reins on this program has started to increase.</p>\n<p>Last week, Federal Reserve officials signaled the announcement of the start of tapering was edging closer. According to the meeting minutes from the Federal Reserve's July meeting, most monetary policymakers believed the economy will have made enough progress toward recovering to warrant tapering.</p>\n<p>\"Most participants noted that, provided that the economy were to evolve broadly as they anticipated, they judged that it could be appropriate to start reducing the pace of asset purchases this year because they saw the Committee’s 'substantial further progress' criterion as satisfied with respect to the price-stability goal and as close to being satisfied with respect to the maximum employment goal,\" according to the FOMC minutes.</p>\n<p>But as many pundits have noted, the central bank still has a host of meetings left in 2021 to serve as a platform for further discussing or announcing tapering. As a result, Jackson Hole this week may cause few ripples, with policymakers like Federal Reserve Chair Jerome Powell sticking to their previously telegraphed language about waiting to see further improvements in the labor market before escalating talk of tapering further.</p>\n<p>\"Jackson Hole next week is certainly a target for when we might hear some actual firm language around taper. I'm not really expecting much out of Jackson Hole,\" Garrett Melson, Natixis Investment Managers Solutions portfolio strategist, told Yahoo Finance last week. \"We're more in the camp that we probably start to hear something around the November meeting. Perhaps they're as quick as December to start actually implementing the taper. But I'm still more in the camp that January is probably when we begin to see a slow taper, probably in the ballpark of $15 billion per month.\"</p>\n<p>\"They're still very, very dovish. They're slightly less dovish,\" he added. \"But that's a little semantics at this point. Taper is very well documented and well known. We know it's coming. It's just a matter of timing and really shouldn't surprise many investors out there.\"</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ffd135dd0d8cdc399e0982d54e39f5bd\" tg-width=\"6000\" tg-height=\"4000\" width=\"100%\" height=\"auto\"><span>Federal Reserve Board Chair Jerome Powell testifies before Senate Banking, Housing, and Urban Affairs hearing to examine the Semiannual Monetary Policy Report to Congress, July 15, 2021, on Capitol Hill. (AP Photo/Jose Luis Magana, file)ASSOCIATED PRESS</span></p>\n<p>As for the ultimate market impact of tapering, if the outcome is anything like the response from the last announcement of tapering in 2023, investors might brace for a momentary bout of volatility and some sector rotation beneath the surface.</p>\n<p>\"In 2013, Fed Chair Bernanke's comments about tapering catalyzed a five-day, 40 bp backup in 10-year yields and a 5% drop in the S&amp;P 500,\" said David Kostin, Goldman Sachs' chief U.S. equity strategist, in a note last week. \"The initial signal from the taper tantrum ultimately proved fleeting during a year with extremely strong returns for equities.\"</p>\n<p>\"The S&amp;P 500 rebounded 5% in the roughly two months following the tantrum, led higher by the materials, consumer discretionary, and health care sectors,\" he added. \"By December, the S&amp;P 500 had posted a full-year return of 32%. As the Fed reiterated its commitment to accommodative policy, growth outperformed value and cyclical stocks outperformed defensives.\"</p>\n<h2>Personal spending, income</h2>\n<p>New economic data on consumer spending and income will also be in focus later this week, with reports on both metrics due for release on Friday.</p>\n<p>Consensus economists expect to see personal spending slow to just a 0.4% monthly clip in July, decelerating from June's 1.0% increase.</p>\n<p>Just last week, the Commerce Department's data showed retail sales fell more than expected in July, dipping by 1.1%. The print pointed to more moderation in spending as the impact of stimulus checks earlier this year waned further, and lowered the bar for the Bureau of Economic Analysis' monthly personal spending data.</p>\n<p>Other data has also underscored the slowdown in consumer spending, especially given the recent spread of the Delta variant starting in the middle of summer.</p>\n<p>\"Although services spending started strong in July boosted by the holiday, our aggregated BAC credit and debit card data suggest services spending, particularly for travel and leisure, slowed down noticeably in the second half of the month, potentially due to rising Delta concerns,\" Bank of America economist Michelle Meyer wrote in a note Friday.</p>\n<p>Friday's consumer spending report will also come with data on personal income, which is also expected to have ticked up only slightly on a monthly basis. Economists look for a 0.1% increase in July, which would match the pace from the prior month.</p>\n<p>Even with the deceleration in income, however, the personal savings rate may have increased as an early round of child tax credit payments helped offset a slowing pace of income growth, some economists noted.</p>\n<p>\"The advance child tax credit payments delivered this month translated into a lower tax burden and therefore a 1% month-over-month boost to disposable income, consequently leading to a rise in the savings rate to 10.0% from 9.4% in June,\" Meyer predicted.</p>\n<h2>Economic calendar</h2>\n<ul>\n <li><p><b>Monday: </b>Chicago Fed National Activity Index, July (0.09 in June); <a href=\"https://laohu8.com/S/MRKT\">Markit</a> U.S. Manufacturing PMI, August preliminary (62.8 expected, 63.4 in July); Markit U.S. Services PMI, August preliminary (59.0 expected, 59.9 in July); Markit U.S. Composite PMI, August preliminary (59.9 in July); Existing home sales, month-on-month, July (-0.3% expected, 1.4% in June)</p></li>\n <li><p><b>Tuesday: </b>Richmond Fed Manufacturing Index, August (25 expected, 27 in July); New home sales, month-on-month, July (3.6% expected, -6.6% in June)</p></li>\n <li><p><b>Wednesday: </b>MBA Mortgage Applications, week ended August 20 (-3.9% during prior week); Durable goods orders, July preliminary (-0.2% expected, 0.9% in June); Non-defense capital goods orders excluding aircraft, July preliminary (0.5% expected, 0.7% in June); Non-defense capital goods shipments excluding aircraft, July preliminary (0.6% in June)</p></li>\n <li><p><b>Thursday: </b>Initial jobless claims, week ended August 21 (352,000 expected, 348,000 during prior week); Continuing claims, week ended August 14 (2.780 million expected, 2.820 million during prior week); GDP annualized quarter-over-quarter, Q2 second estimate (6.6% expected, 6.5% in prior print); Personal consumption, Q2 second estimate (12.3% expected, 11.8% in prior print); Core PCE quarter-over-quarter Q2 second estimate (6.1% expected, 6.1% in prior print); Kansas City Fed Manufacturing Activity Index, August (30 in prior print)</p></li>\n <li><p><b>Friday: </b>Advanced goods trade balance, July (-$90.9 billion expected, -$91.2 billion in June); Wholesale inventories, month-over-month, July preliminary (1.0% expected, 1.1% in June); Personal income, July (0.2% expected, 0.1% in June); Personal spending, July (0.4% expected, 1.0% in June); PCE core deflator, month-on-month, July (0.3% expected, 0.4% in June); PCE core deflator, year-on-year, July (3.6% expected, 3.5% in June); University of Michigan Sentiment, August final (71.0 expected, 70.2 in prior print)</p></li>\n</ul>\n<h2>Earnings calendar</h2>\n<ul>\n <li><p><b>Monday: </b><i>No notable reports scheduled for release</i></p></li>\n <li><p><b>Tuesday: </b>Advance Auto Parts (AAP) before market open; Intuit (INTU) after market close</p></li>\n <li><p><b>Wednesday: </b>Best Buy (BBY) before market open; <a href=\"https://laohu8.com/S/CRM\">Salesforce</a> (CRM), Autodesk (ADSK), Ulta Beauty (ULTA) after market close</p></li>\n <li><p><b>Thursday: </b>The JM Smucker Co. (SJM), Dollar General (DG), Dollar Tree (DLTR) before market open; The Gap (GPS), HP Inc. (HPQ) after market close</p></li>\n <li><p><b>Friday: </b><i>No notable reports scheduled for release </i></p></li>\n</ul>","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>Fed's Jackson Hole Symposium, personal income and spending: What to know this week</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 Jackson Hole Symposium, personal income and spending: What to know this week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-23 07:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/fed-heads-to-jackson-hole-personal-income-and-spending-what-to-know-this-week-150228513.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Traders this week are poised to focus closely on Federal Reserve policymakers' virtual appearance at the bank's annual Jackson Hole Economic Policy Symposium.\nThe event, which takes place from ...</p>\n\n<a href=\"https://finance.yahoo.com/news/fed-heads-to-jackson-hole-personal-income-and-spending-what-to-know-this-week-150228513.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY.AU":"SPDR® S&P 500® ETF Trust",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","TGT":"塔吉特","BBY":"百思买",".DJI":"道琼斯","XRT":"零售指数ETF-SPDR标普","WMT":"沃尔玛"},"source_url":"https://finance.yahoo.com/news/fed-heads-to-jackson-hole-personal-income-and-spending-what-to-know-this-week-150228513.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2161747692","content_text":"Traders this week are poised to focus closely on Federal Reserve policymakers' virtual appearance at the bank's annual Jackson Hole Economic Policy Symposium.\nThe event, which takes place from Thursday to Saturday this week, is set to serve as a forum for more discussions around Fed policymakers' plans to announce and implement a shift in the central bank's monetary policy stance. Namely, investors have been closely watching for months to hear when officials will begin tapering their purchases of Treasury and mortgage securities, which have been taking place at a pace of $120 billion per month for more than a year during the pandemic.\nThis asset purchase program had been a major policy underpinning U.S. equity markets this year, providing liquidity throughout the economic crisis induced by the virus. But as the economy makes headway in recovering, Fed officials' talk around pulling in the reins on this program has started to increase.\nLast week, Federal Reserve officials signaled the announcement of the start of tapering was edging closer. According to the meeting minutes from the Federal Reserve's July meeting, most monetary policymakers believed the economy will have made enough progress toward recovering to warrant tapering.\n\"Most participants noted that, provided that the economy were to evolve broadly as they anticipated, they judged that it could be appropriate to start reducing the pace of asset purchases this year because they saw the Committee’s 'substantial further progress' criterion as satisfied with respect to the price-stability goal and as close to being satisfied with respect to the maximum employment goal,\" according to the FOMC minutes.\nBut as many pundits have noted, the central bank still has a host of meetings left in 2021 to serve as a platform for further discussing or announcing tapering. As a result, Jackson Hole this week may cause few ripples, with policymakers like Federal Reserve Chair Jerome Powell sticking to their previously telegraphed language about waiting to see further improvements in the labor market before escalating talk of tapering further.\n\"Jackson Hole next week is certainly a target for when we might hear some actual firm language around taper. I'm not really expecting much out of Jackson Hole,\" Garrett Melson, Natixis Investment Managers Solutions portfolio strategist, told Yahoo Finance last week. \"We're more in the camp that we probably start to hear something around the November meeting. Perhaps they're as quick as December to start actually implementing the taper. But I'm still more in the camp that January is probably when we begin to see a slow taper, probably in the ballpark of $15 billion per month.\"\n\"They're still very, very dovish. They're slightly less dovish,\" he added. \"But that's a little semantics at this point. Taper is very well documented and well known. We know it's coming. It's just a matter of timing and really shouldn't surprise many investors out there.\"\nFederal Reserve Board Chair Jerome Powell testifies before Senate Banking, Housing, and Urban Affairs hearing to examine the Semiannual Monetary Policy Report to Congress, July 15, 2021, on Capitol Hill. (AP Photo/Jose Luis Magana, file)ASSOCIATED PRESS\nAs for the ultimate market impact of tapering, if the outcome is anything like the response from the last announcement of tapering in 2023, investors might brace for a momentary bout of volatility and some sector rotation beneath the surface.\n\"In 2013, Fed Chair Bernanke's comments about tapering catalyzed a five-day, 40 bp backup in 10-year yields and a 5% drop in the S&P 500,\" said David Kostin, Goldman Sachs' chief U.S. equity strategist, in a note last week. \"The initial signal from the taper tantrum ultimately proved fleeting during a year with extremely strong returns for equities.\"\n\"The S&P 500 rebounded 5% in the roughly two months following the tantrum, led higher by the materials, consumer discretionary, and health care sectors,\" he added. \"By December, the S&P 500 had posted a full-year return of 32%. As the Fed reiterated its commitment to accommodative policy, growth outperformed value and cyclical stocks outperformed defensives.\"\nPersonal spending, income\nNew economic data on consumer spending and income will also be in focus later this week, with reports on both metrics due for release on Friday.\nConsensus economists expect to see personal spending slow to just a 0.4% monthly clip in July, decelerating from June's 1.0% increase.\nJust last week, the Commerce Department's data showed retail sales fell more than expected in July, dipping by 1.1%. The print pointed to more moderation in spending as the impact of stimulus checks earlier this year waned further, and lowered the bar for the Bureau of Economic Analysis' monthly personal spending data.\nOther data has also underscored the slowdown in consumer spending, especially given the recent spread of the Delta variant starting in the middle of summer.\n\"Although services spending started strong in July boosted by the holiday, our aggregated BAC credit and debit card data suggest services spending, particularly for travel and leisure, slowed down noticeably in the second half of the month, potentially due to rising Delta concerns,\" Bank of America economist Michelle Meyer wrote in a note Friday.\nFriday's consumer spending report will also come with data on personal income, which is also expected to have ticked up only slightly on a monthly basis. Economists look for a 0.1% increase in July, which would match the pace from the prior month.\nEven with the deceleration in income, however, the personal savings rate may have increased as an early round of child tax credit payments helped offset a slowing pace of income growth, some economists noted.\n\"The advance child tax credit payments delivered this month translated into a lower tax burden and therefore a 1% month-over-month boost to disposable income, consequently leading to a rise in the savings rate to 10.0% from 9.4% in June,\" Meyer predicted.\nEconomic calendar\n\nMonday: Chicago Fed National Activity Index, July (0.09 in June); Markit U.S. Manufacturing PMI, August preliminary (62.8 expected, 63.4 in July); Markit U.S. Services PMI, August preliminary (59.0 expected, 59.9 in July); Markit U.S. Composite PMI, August preliminary (59.9 in July); Existing home sales, month-on-month, July (-0.3% expected, 1.4% in June)\nTuesday: Richmond Fed Manufacturing Index, August (25 expected, 27 in July); New home sales, month-on-month, July (3.6% expected, -6.6% in June)\nWednesday: MBA Mortgage Applications, week ended August 20 (-3.9% during prior week); Durable goods orders, July preliminary (-0.2% expected, 0.9% in June); Non-defense capital goods orders excluding aircraft, July preliminary (0.5% expected, 0.7% in June); Non-defense capital goods shipments excluding aircraft, July preliminary (0.6% in June)\nThursday: Initial jobless claims, week ended August 21 (352,000 expected, 348,000 during prior week); Continuing claims, week ended August 14 (2.780 million expected, 2.820 million during prior week); GDP annualized quarter-over-quarter, Q2 second estimate (6.6% expected, 6.5% in prior print); Personal consumption, Q2 second estimate (12.3% expected, 11.8% in prior print); Core PCE quarter-over-quarter Q2 second estimate (6.1% expected, 6.1% in prior print); Kansas City Fed Manufacturing Activity Index, August (30 in prior print)\nFriday: Advanced goods trade balance, July (-$90.9 billion expected, -$91.2 billion in June); Wholesale inventories, month-over-month, July preliminary (1.0% expected, 1.1% in June); Personal income, July (0.2% expected, 0.1% in June); Personal spending, July (0.4% expected, 1.0% in June); PCE core deflator, month-on-month, July (0.3% expected, 0.4% in June); PCE core deflator, year-on-year, July (3.6% expected, 3.5% in June); University of Michigan Sentiment, August final (71.0 expected, 70.2 in prior print)\n\nEarnings calendar\n\nMonday: No notable reports scheduled for release\nTuesday: Advance Auto Parts (AAP) before market open; Intuit (INTU) after market close\nWednesday: Best Buy (BBY) before market open; Salesforce (CRM), Autodesk (ADSK), Ulta Beauty (ULTA) after market close\nThursday: The JM Smucker Co. (SJM), Dollar General (DG), Dollar Tree (DLTR) before market open; The Gap (GPS), HP Inc. (HPQ) after market close\nFriday: No notable reports scheduled for release","news_type":1},"isVote":1,"tweetType":1,"viewCount":131,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":833937606,"gmtCreate":1629195976705,"gmtModify":1676529961894,"author":{"id":"3575084008680468","authorId":"3575084008680468","name":"Hb_","avatar":"https://static.tigerbbs.com/2e6b4bec98a0dbb1567834e4f467227b","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575084008680468","authorIdStr":"3575084008680468"},"themes":[],"htmlText":"W","listText":"W","text":"W","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/833937606","repostId":"1115558959","repostType":4,"repost":{"id":"1115558959","kind":"news","pubTimestamp":1629192455,"share":"https://ttm.financial/m/news/1115558959?lang=&edition=fundamental","pubTime":"2021-08-17 17:27","market":"us","language":"en","title":"This Is What Hedge Funds Bought And Sold In Q2: Complete 13F Summary","url":"https://stock-news.laohu8.com/highlight/detail?id=1115558959","media":"zerohedge","summary":"For once, the \"smart money\" was not caught off guard by the resurgent covid pandemic, and as a barra","content":"<p>For once, the \"smart money\" was not caught off guard by the resurgent covid pandemic, and as a barrage of 13F filings published today showed, during the second quarter hedge funds loaded up on companies that would benefit from a new wave of the pandemic even before the delta variant began to rapidly spread throughout the U.S.</p>\n<p>As Bloomberg summarizes, Chase Coleman’s Tiger Global Management and&nbsp;Philippe Laffont’s Coatue Management both increased their stakes in food delivery service&nbsp;DoorDash in the second quarter. Coatue also added to its bet on vaccine maker&nbsp;Moderna, while&nbsp;Stephen Mandel’s Lone Pine Capital took a new stake in the biotech company worth more than $900 million. These purchases were a reversal from the first quarter, when many hedge funds cut positions in<i>Work From Home</i>companies like&nbsp;Peloton and&nbsp;Zoom as vaccinations began to ramp up in the U.S. That, in turn, fueled wagers on companies that had been hardest-hit by travel restrictions and remote work.</p>\n<p>Tiger and Coatue also increased their stakes in Zoom in the three months through June, their 13F filings revealed. The two funds, along with D1 Capital Partners, were among those that added to positions in Peloton, while Viking Global Investors made a new bet on the exercise equipment company.</p>\n<p>13F filings also showed that funds including Soros Fund Management and Temasek snapped up shares of fintech companies. Marqeta was a top new buy for Soros, while Temasek disclosed new positions in SoFi Technologies, Flywire and Payoneer Global. Marqeta and SoFi tumbled last week after reporting disappointing second-quarter results. Temasek also snapped up shares in two new BlackRock carbon transition ETFs (LCTU and LCTD), while Soros took a new position in electric-vehicle producer Proterra, as clean energy continues to be a prominent trend among investors.</p>\n<p>Coatue, Viking and&nbsp;Gabe Plotkin’s Melvin Capital Management also added new positions in Beijing-based JD.com Inc. in the quarter, a move that would prove to be rather unfortunate as shares of the giant online vendor have slumped 16% since June 30. Chinese shares have tumbled since June as Beijing banned for-profit tutoring companies and ordered more than two dozen tech firms to carry out internal inspections and address issues such as data security.</p>\n<p>Some, such as Soros were either lucky or good in cutting their exposure to Chinese ADRs in the second quarter, ahead of the furious selloff. Soros Fund Management exited many of its investments in Chinese ADRs including Baidu, Vipshop Holdings, Tencent Music Entertainment Group and IQiyi, positions it snapped up during the collapse of Archegos Capital Management in March and April, as noted previously.</p>\n<p>Other funds also dumped China-based companies with listings in the U.S. D1 Capital sold its 25-million-share stake in New Oriental Education &amp; Technology Group, while Soroban Capital Partners exited its 2.06-million-share stake in Alibaba. Soroban’s largest new positions favored tech, with the top three additions being Facebook, Twitter and Netflix.</p>\n<p>Some other notable 13F findings:</p>\n<ul>\n <li>Michael Burry, of “The Big Short” fame, owned puts on&nbsp;Cathie Wood’s ARK Innovation ETF and increased its Tesla puts (more here).</li>\n <li>Warren Buffett’s Berkshire Hathaway added to just three positions in the quarter and trimmed its holdings in several companies, including a full exit of controversial Alzheimer’s drug developer Biogen. As firstnoted earlier, Berkshire’s only new position in the quarter, 1.55 million shares of Organon was the result of a spinoff of the women’s health pharmaceutical company from Berkshire holding Merck. Its most significant addition was a 21% increase in its position in grocer Kroger. Besides Biogen, exits included Liberty Global’s Class A shares and Axalta Coating Systems, while Berkshire trimmed positions in Marsh &amp; McLennan, Abbvie, General Motors and Bristol-Myers Squibb.</li>\n <li>Seth Klarman’s long-standing investment in&nbsp;Rupert Murdoch’s media empire finally came to an end during the second quarter. Baupost Group sold its entire Fox Corp. stake, including 7.6 million Class A shares and 5.7 million Class B shares with a combined market value of $446 million at the end of March.</li>\n <li>Carl Icahn, who runs a concentrated portfolio with just 17 reportable investments, sold all of his 9.59 million shares of Tenneco in the quarter. He also has a new undisclosed position in an unnamed stock -- an unusual step that requires a separate filing with the Securities and Exchange Commission.</li>\n <li>Dan Loeb's Third Point added SentinelOne Class A to its investments and exited IAA in the second quarter. The fund also added to its holdings in Intel, boosting its stake to 14 million shares from 1 million, while decreasing its stake in Charter Communications Class A. Upstart Holdings was Third Point's biggest holding, representing 9.8% of disclosed assets</li>\n <li>Elliott Investment Management’s largest purchases of the quarter included a 3-million-share buy of Twitter. The increase in shares comes despite Elliott partner Jesse Cohn’s departure from Twitter’s board on June 9. He originally joined the board as part of a partnership Twitter entered with Elliott and Sliver Lake on March 9, 2020.</li>\n <li>Singapore state-owned investment fund Temasek Holdings’s largest new purchase in the quarter was a 4.84-million-share position in Airbnb. Airbnb reported strong second-quarter earnings last week that were offset by tepid guidance, according to analysts. Temasek also disclosed new positions in SoFi Technologies, Flywire and Payoneer Global.</li>\n</ul>\n<p><i>Here are some other moves made by prominent funds tracked by Bloomberg:</i></p>\n<p>APPALOOSA</p>\n<ul>\n <li>Top new buys: UBER, PHM, BODY, TCVA</li>\n <li>Top exits: CRM, ADBE, DIS, PYPL, IQ, DISCA, BIDU, SHOP</li>\n <li>Boosted stakes in: MOS, FCX</li>\n <li>Cut stakes in: PCG, MU, TMUS, AMZN, CHK, BABA, FB, GOOG, HCA, XLE</li>\n</ul>\n<p>BAUPOST GROUP</p>\n<ul>\n <li>Top new buys: SJR, RTPY, 1865300D</li>\n <li>Top exits: FOXA, FOX, PEAK, FNF, RTP, HIPO</li>\n <li>Boosted stakes in: FB, MU, QRVO, TBPH</li>\n <li>Cut stakes in: INTC, WLTW, EBAY, PSTH, SSNC, ADV, AJAX, NXST, DBRG, LBTYK</li>\n</ul>\n<p>BERKSHIRE HATHAWAY</p>\n<ul>\n <li>Top exits: AXTA, BIIB, LBTYA</li>\n <li>Boosted stakes in: KR, RH, AON</li>\n <li>Cut stakes in: GM, BMY, ABBV, LBTYK, CVX, MMC, USB</li>\n</ul>\n<p>CORVEX MANAGEMENT</p>\n<ul>\n <li>Top new buys: CRM, ZNGA, BOAC, ROVR, TWCT, LGV</li>\n <li>Top exits: FISV, EXPE, GLD, FE, GPN, RADI, ORGN, TALK, ELMS, NFLX</li>\n <li>Boosted stakes in: BLMN, AMZN, GOOGL, DIS, MSFT, CCEP, ATUS, EXC, DOMA, FB</li>\n <li>Cut stakes in: ATVI, TMUS, AJAX, CFAC</li>\n</ul>\n<p>D1 CAPITAL PARTNERS</p>\n<ul>\n <li>Top new buys: PCOR, FTCH, PODD, ALKT, CMG, DLO, DECK, STNE, CRWD, FTV</li>\n <li>Top exits: HLT, NFLX, EDU, BAX, NKE, PPD, LVS, FIS, BX, BMBL</li>\n <li>Boosted stakes in: AMZN, EXPE, CVNA, PTON, BBWI, JD, RH, BLL, BKNG, DIS</li>\n <li>Cut stakes in: MSFT, TMUS, FB, COUP, DHR, DDOG</li>\n</ul>\n<p>DUQUESNE FAMILY OFFICE</p>\n<ul>\n <li>Top new buys: NFLX, ABNB, MRNA, SMAR, GM, COUP, MAR, FTCH, CF, RBLX</li>\n <li>Top exits: C, GOLD, MELI, UBER, TSM, LIN, RUN, JPM, AA, ASHR</li>\n <li>Boosted stakes in: GOOGL, AMZN, CVNA, FB, KBR, MA, V, SBUX, EXPE, OPCH</li>\n <li>Cut stakes in: MSFT, SE, ON, BLDR, PLTR, FLEX, TMUS, SNOW, TECK, FCX</li>\n</ul>\n<p>ELLIOTT INVESTMENT MANAGEMENT</p>\n<ul>\n <li>Top new buys: DUK, DBX, HRB</li>\n <li>Top exits: DISCK, CYH, FB</li>\n <li>Boosted stakes in: TWTR, ETWO, PINS</li>\n <li>Cut stakes in: SNAP, HWM</li>\n</ul>\n<p>GLENVIEW CAPITAL MANAGEMENT</p>\n<ul>\n <li>Top new buys: CNC, AMZN, BABA, CCCS, UBER, AMGN, CHNG, OUST, BOWX, LSAQ</li>\n <li>Top exits: NUAN, LH, MSFT, CAR, LYFT, MAR, PPD, NBSE</li>\n <li>Boosted stakes in: GPN, CCEP, APTV, WBA, DD, CTVA, DVA, NSC, HOLX, ESI</li>\n <li>Cut stakes in: CI, TAK, HCA, MCK, DXC, FB, ANTM, BSX, BAX, FISV</li>\n</ul>\n<p>GREENLIGHT CAPITAL</p>\n<ul>\n <li>Top new buys: SPY, PLBY, GPK, NWS, SRNG, EXPE, DMYI, LIVN, UWMC, PANA</li>\n <li>Top exits: ADT, ALIT, TALK, SEAH</li>\n <li>Boosted stakes in: TECK, GPRO, ODP, CC, CPRI, JOBY, SATS, ASTS, FUBO, REZI</li>\n <li>Cut stakes in: DNMR, APG, KPLT, CNX, XOG, CNXC, JACK, SNX, NUVB, CEIX</li>\n</ul>\n<p>ICAHN</p>\n<ul>\n <li>Top exits: HLF, TEN</li>\n <li>Boosted stakes in: IEP, XRX</li>\n <li>Cut stakes in: OXY, DK, WBT</li>\n</ul>\n<p>JANA PARTNERS</p>\n<ul>\n <li>Top new buys: CSOD</li>\n <li>Boosted stakes in: CONE, VG, SPY, EHC</li>\n <li>Cut stakes in: LH, CAG, THS</li>\n</ul>\n<p>LANSDOWNE</p>\n<ul>\n <li>Top new buys: ILMN, WMG, NVT</li>\n <li>Top exits: ED, DAR, AES, REGI, CDE, PAAS, USO</li>\n <li>Boosted stakes in: ETN, FCX, CARR, AER, DAL, IEUR, BLBD, VMC, RBLX, UVXY</li>\n <li>Cut stakes in: AMAT, TSM, LRCX, MU, RYAAY, GE, ENIA, EGO, ADI, BKNG</li>\n</ul>\n<p>MAVERICK CAPITAL</p>\n<ul>\n <li>Top new buys: CNC, JLL, CANO, FTCH, GPN, BHG, CMAX, ADSK, SE, JWSM</li>\n <li>Top exits: FIS, PLD, ELAN, LVS, SPFR, MAC, DASH, TJX, ZBRA, HPQ</li>\n <li>Boosted stakes in: CVNA, ASO, SNOW, V, BABA, EXPE, TMUS, CCK, XP, ATRA</li>\n <li>Cut stakes in: SEER, AMAT, ALNY, LRCX, AON, AMZN, LPLA, SUM, TGTX, GOOG</li>\n</ul>\n<p>MELVIN CAPITAL MANAGEMENT</p>\n<ul>\n <li>Top new buys: JD, DASH, PYPL, DPZ, MSFT, TGT, VMEO, SE, SHOP, DDOG</li>\n <li>Top exits: NFLX, NUAN, PINS, AAP, NKE, MU, SIG, TPX, TPR, WYNN</li>\n <li>Boosted stakes in: AMZN, ATVI, ALGN, LYV, LH, EXPE, SEAS, SNOW, PVH, TXRH</li>\n <li>Cut stakes in: MA, FB, BBWI, GOOGL, SBUX, UBER, FICO, NTES, HLT, NOW</li>\n</ul>\n<p>OMEGA ADVISORS</p>\n<ul>\n <li>Top new buys: LAD, BHC, VOO, PFSI, EFA, IVW, COG, SCHO, IEUR, EWJ</li>\n <li>Top exits: MGY, IFF, CMCSA</li>\n <li>Boosted stakes in: FOA, WSC, VRT, NRG, PXD, ABR, ASH, ASPU, BABA, FLMN</li>\n <li>Cut stakes in: FOE, NAVI, OCN, TRN, BBDC, FCRD, SRGA, FB, SNR</li>\n</ul>\n<p>PERSHING SQUARE</p>\n<ul>\n <li>Boosted stakes in: DPZ</li>\n <li>Cut stakes in: LOW, QSR, HLT, A</li>\n</ul>\n<p>SOROBAN CAPITAL</p>\n<ul>\n <li>Top new buys: FB, TWTR, NFLX, WAB, KAHC, LGV, BKI, PLNT, MSDA, TIOA</li>\n <li>Top exits: BABA, CMCSA, DPZ, RTX, GRA, GWRE, ALIT, SFTW, SPFR</li>\n <li>Boosted stakes in: LOW, CSX, ADI, UNP, FIS, VYGG, BTNB</li>\n <li>Cut stakes in: ATUS, SPGI, PAYO, KVSB, ME, SUNL, BGRY, GNAC, DOMA, NSH</li>\n</ul>\n<p>SOROS FUND MANAGEMENT</p>\n<ul>\n <li>Top new buys: FIGS, INFO, PTRA, MQ, PPD, VER, NUAN, MGLN, INDI, ACN</li>\n <li>Top exits: BIDU, DEN, VIPS, TME, IQ, DISCK, XLE, MU, ASHR, WAL</li>\n <li>Boosted stakes in: AMZN, MXIM, ELAN, GOOGL, CLVT, DIS, OPEN, W, CRM, SYF</li>\n <li>Cut stakes in: LQD, QS, VICI, UPST, TXN, LVS, ADI, NXPI, DHI, LPLA</li>\n</ul>\n<p>STARBOARD</p>\n<ul>\n <li>Top new buys: PZZA, WPCB, LEGA, KAHC, SLAM, FRXB, ATMR, ROSS, MACC, ACAH</li>\n <li>Boosted stakes in: CERN, BOX, IWM, IWR, TWCT, KVSC, DGNU, PRPB, LNFA, ON</li>\n <li>Cut stakes in: CTVA, IWN, ACM, MAAC, SCOR, NLOK, MMSI, ELAN, CVLT</li>\n</ul>\n<p>TEMASEK HOLDINGS</p>\n<ul>\n <li>Top new buys: ABNB, INTA, FLYW, PAYO, KRE, STEM, LCTU, INTC, SOFI, COPX</li>\n <li>Top exits: XLF, ADBE, INDA, EWZ, ACIU, PCVX</li>\n <li>Boosted stakes in: BILL, BEAM, TMO, DELL, EWY, IBN, IAU, CRM, SNOW, AFRM</li>\n <li>Cut stakes in: WISH, IWM, BABA, MSFT, XLB, CTVA, DASH, RBLX</li>\n</ul>\n<p>THIRD POINT</p>\n<ul>\n <li>Top new buys: S, SOFI, EDR, ZBH, PTON, RTPY, JWSM, ASZ, IACC, AUS</li>\n <li>Top exits: IAA, RACE, KMX, Z, SHOP, CVNA, ETRN, NYT, WISH, RKT</li>\n <li>Boosted stakes in: INTC, AMZN, DELL, CANO, EL, UBER, SU, RH, DD, AES</li>\n <li>Cut stakes in: CHTR, PCG, JD, IQV, DIS, RADI, APTV, BOAC, MTTR, TEL</li>\n</ul>\n<p>TIGER GLOBAL</p>\n<ul>\n <li>Top new buys: PCOR, PATH, COIN, DV, BHG, DLO, APP, S, GRUB, KPLT</li>\n <li>Top exits: ASO</li>\n <li>Boosted stakes in: DASH, DOCU, ZM, SHOP, SE, SNOW, CVNA, PTON, YSG, RNG</li>\n <li>Cut stakes in: CRM, TAL, JD, EDU, RBLX, GDS, UBER, DESP, BABA, RDFN</li>\n</ul>","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 Is What Hedge Funds Bought And Sold In Q2: Complete 13F Summary</title>\n<style 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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 Is What Hedge Funds Bought And Sold In Q2: Complete 13F Summary\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-17 17:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/what-hedge-funds-bought-and-sold-q2-complete-13f-summary><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>For once, the \"smart money\" was not caught off guard by the resurgent covid pandemic, and as a barrage of 13F filings published today showed, during the second quarter hedge funds loaded up on ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/what-hedge-funds-bought-and-sold-q2-complete-13f-summary\">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","SPY":"标普500ETF",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.zerohedge.com/markets/what-hedge-funds-bought-and-sold-q2-complete-13f-summary","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1115558959","content_text":"For once, the \"smart money\" was not caught off guard by the resurgent covid pandemic, and as a barrage of 13F filings published today showed, during the second quarter hedge funds loaded up on companies that would benefit from a new wave of the pandemic even before the delta variant began to rapidly spread throughout the U.S.\nAs Bloomberg summarizes, Chase Coleman’s Tiger Global Management and Philippe Laffont’s Coatue Management both increased their stakes in food delivery service DoorDash in the second quarter. Coatue also added to its bet on vaccine maker Moderna, while Stephen Mandel’s Lone Pine Capital took a new stake in the biotech company worth more than $900 million. These purchases were a reversal from the first quarter, when many hedge funds cut positions inWork From Homecompanies like Peloton and Zoom as vaccinations began to ramp up in the U.S. That, in turn, fueled wagers on companies that had been hardest-hit by travel restrictions and remote work.\nTiger and Coatue also increased their stakes in Zoom in the three months through June, their 13F filings revealed. The two funds, along with D1 Capital Partners, were among those that added to positions in Peloton, while Viking Global Investors made a new bet on the exercise equipment company.\n13F filings also showed that funds including Soros Fund Management and Temasek snapped up shares of fintech companies. Marqeta was a top new buy for Soros, while Temasek disclosed new positions in SoFi Technologies, Flywire and Payoneer Global. Marqeta and SoFi tumbled last week after reporting disappointing second-quarter results. Temasek also snapped up shares in two new BlackRock carbon transition ETFs (LCTU and LCTD), while Soros took a new position in electric-vehicle producer Proterra, as clean energy continues to be a prominent trend among investors.\nCoatue, Viking and Gabe Plotkin’s Melvin Capital Management also added new positions in Beijing-based JD.com Inc. in the quarter, a move that would prove to be rather unfortunate as shares of the giant online vendor have slumped 16% since June 30. Chinese shares have tumbled since June as Beijing banned for-profit tutoring companies and ordered more than two dozen tech firms to carry out internal inspections and address issues such as data security.\nSome, such as Soros were either lucky or good in cutting their exposure to Chinese ADRs in the second quarter, ahead of the furious selloff. Soros Fund Management exited many of its investments in Chinese ADRs including Baidu, Vipshop Holdings, Tencent Music Entertainment Group and IQiyi, positions it snapped up during the collapse of Archegos Capital Management in March and April, as noted previously.\nOther funds also dumped China-based companies with listings in the U.S. D1 Capital sold its 25-million-share stake in New Oriental Education & Technology Group, while Soroban Capital Partners exited its 2.06-million-share stake in Alibaba. Soroban’s largest new positions favored tech, with the top three additions being Facebook, Twitter and Netflix.\nSome other notable 13F findings:\n\nMichael Burry, of “The Big Short” fame, owned puts on Cathie Wood’s ARK Innovation ETF and increased its Tesla puts (more here).\nWarren Buffett’s Berkshire Hathaway added to just three positions in the quarter and trimmed its holdings in several companies, including a full exit of controversial Alzheimer’s drug developer Biogen. As firstnoted earlier, Berkshire’s only new position in the quarter, 1.55 million shares of Organon was the result of a spinoff of the women’s health pharmaceutical company from Berkshire holding Merck. Its most significant addition was a 21% increase in its position in grocer Kroger. Besides Biogen, exits included Liberty Global’s Class A shares and Axalta Coating Systems, while Berkshire trimmed positions in Marsh & McLennan, Abbvie, General Motors and Bristol-Myers Squibb.\nSeth Klarman’s long-standing investment in Rupert Murdoch’s media empire finally came to an end during the second quarter. Baupost Group sold its entire Fox Corp. stake, including 7.6 million Class A shares and 5.7 million Class B shares with a combined market value of $446 million at the end of March.\nCarl Icahn, who runs a concentrated portfolio with just 17 reportable investments, sold all of his 9.59 million shares of Tenneco in the quarter. He also has a new undisclosed position in an unnamed stock -- an unusual step that requires a separate filing with the Securities and Exchange Commission.\nDan Loeb's Third Point added SentinelOne Class A to its investments and exited IAA in the second quarter. The fund also added to its holdings in Intel, boosting its stake to 14 million shares from 1 million, while decreasing its stake in Charter Communications Class A. Upstart Holdings was Third Point's biggest holding, representing 9.8% of disclosed assets\nElliott Investment Management’s largest purchases of the quarter included a 3-million-share buy of Twitter. The increase in shares comes despite Elliott partner Jesse Cohn’s departure from Twitter’s board on June 9. He originally joined the board as part of a partnership Twitter entered with Elliott and Sliver Lake on March 9, 2020.\nSingapore state-owned investment fund Temasek Holdings’s largest new purchase in the quarter was a 4.84-million-share position in Airbnb. Airbnb reported strong second-quarter earnings last week that were offset by tepid guidance, according to analysts. Temasek also disclosed new positions in SoFi Technologies, Flywire and Payoneer Global.\n\nHere are some other moves made by prominent funds tracked by Bloomberg:\nAPPALOOSA\n\nTop new buys: UBER, PHM, BODY, TCVA\nTop exits: CRM, ADBE, DIS, PYPL, IQ, DISCA, BIDU, SHOP\nBoosted stakes in: MOS, FCX\nCut stakes in: PCG, MU, TMUS, AMZN, CHK, BABA, FB, GOOG, HCA, XLE\n\nBAUPOST GROUP\n\nTop new buys: SJR, RTPY, 1865300D\nTop exits: FOXA, FOX, PEAK, FNF, RTP, HIPO\nBoosted stakes in: FB, MU, QRVO, TBPH\nCut stakes in: INTC, WLTW, EBAY, PSTH, SSNC, ADV, AJAX, NXST, DBRG, LBTYK\n\nBERKSHIRE HATHAWAY\n\nTop exits: AXTA, BIIB, LBTYA\nBoosted stakes in: KR, RH, AON\nCut stakes in: GM, BMY, ABBV, LBTYK, CVX, MMC, USB\n\nCORVEX MANAGEMENT\n\nTop new buys: CRM, ZNGA, BOAC, ROVR, TWCT, LGV\nTop exits: FISV, EXPE, GLD, FE, GPN, RADI, ORGN, TALK, ELMS, NFLX\nBoosted stakes in: BLMN, AMZN, GOOGL, DIS, MSFT, CCEP, ATUS, EXC, DOMA, FB\nCut stakes in: ATVI, TMUS, AJAX, CFAC\n\nD1 CAPITAL PARTNERS\n\nTop new buys: PCOR, FTCH, PODD, ALKT, CMG, DLO, DECK, STNE, CRWD, FTV\nTop exits: HLT, NFLX, EDU, BAX, NKE, PPD, LVS, FIS, BX, BMBL\nBoosted stakes in: AMZN, EXPE, CVNA, PTON, BBWI, JD, RH, BLL, BKNG, DIS\nCut stakes in: MSFT, TMUS, FB, COUP, DHR, DDOG\n\nDUQUESNE FAMILY OFFICE\n\nTop new buys: NFLX, ABNB, MRNA, SMAR, GM, COUP, MAR, FTCH, CF, RBLX\nTop exits: C, GOLD, MELI, UBER, TSM, LIN, RUN, JPM, AA, ASHR\nBoosted stakes in: GOOGL, AMZN, CVNA, FB, KBR, MA, V, SBUX, EXPE, OPCH\nCut stakes in: MSFT, SE, ON, BLDR, PLTR, FLEX, TMUS, SNOW, TECK, FCX\n\nELLIOTT INVESTMENT MANAGEMENT\n\nTop new buys: DUK, DBX, HRB\nTop exits: DISCK, CYH, FB\nBoosted stakes in: TWTR, ETWO, PINS\nCut stakes in: SNAP, HWM\n\nGLENVIEW CAPITAL MANAGEMENT\n\nTop new buys: CNC, AMZN, BABA, CCCS, UBER, AMGN, CHNG, OUST, BOWX, LSAQ\nTop exits: NUAN, LH, MSFT, CAR, LYFT, MAR, PPD, NBSE\nBoosted stakes in: GPN, CCEP, APTV, WBA, DD, CTVA, DVA, NSC, HOLX, ESI\nCut stakes in: CI, TAK, HCA, MCK, DXC, FB, ANTM, BSX, BAX, FISV\n\nGREENLIGHT CAPITAL\n\nTop new buys: SPY, PLBY, GPK, NWS, SRNG, EXPE, DMYI, LIVN, UWMC, PANA\nTop exits: ADT, ALIT, TALK, SEAH\nBoosted stakes in: TECK, GPRO, ODP, CC, CPRI, JOBY, SATS, ASTS, FUBO, REZI\nCut stakes in: DNMR, APG, KPLT, CNX, XOG, CNXC, JACK, SNX, NUVB, CEIX\n\nICAHN\n\nTop exits: HLF, TEN\nBoosted stakes in: IEP, XRX\nCut stakes in: OXY, DK, WBT\n\nJANA PARTNERS\n\nTop new buys: CSOD\nBoosted stakes in: CONE, VG, SPY, EHC\nCut stakes in: LH, CAG, THS\n\nLANSDOWNE\n\nTop new buys: ILMN, WMG, NVT\nTop exits: ED, DAR, AES, REGI, CDE, PAAS, USO\nBoosted stakes in: ETN, FCX, CARR, AER, DAL, IEUR, BLBD, VMC, RBLX, UVXY\nCut stakes in: AMAT, TSM, LRCX, MU, RYAAY, GE, ENIA, EGO, ADI, BKNG\n\nMAVERICK CAPITAL\n\nTop new buys: CNC, JLL, CANO, FTCH, GPN, BHG, CMAX, ADSK, SE, JWSM\nTop exits: FIS, PLD, ELAN, LVS, SPFR, MAC, DASH, TJX, ZBRA, HPQ\nBoosted stakes in: CVNA, ASO, SNOW, V, BABA, EXPE, TMUS, CCK, XP, ATRA\nCut stakes in: SEER, AMAT, ALNY, LRCX, AON, AMZN, LPLA, SUM, TGTX, GOOG\n\nMELVIN CAPITAL MANAGEMENT\n\nTop new buys: JD, DASH, PYPL, DPZ, MSFT, TGT, VMEO, SE, SHOP, DDOG\nTop exits: NFLX, NUAN, PINS, AAP, NKE, MU, SIG, TPX, TPR, WYNN\nBoosted stakes in: AMZN, ATVI, ALGN, LYV, LH, EXPE, SEAS, SNOW, PVH, TXRH\nCut stakes in: MA, FB, BBWI, GOOGL, SBUX, UBER, FICO, NTES, HLT, NOW\n\nOMEGA ADVISORS\n\nTop new buys: LAD, BHC, VOO, PFSI, EFA, IVW, COG, SCHO, IEUR, EWJ\nTop exits: MGY, IFF, CMCSA\nBoosted stakes in: FOA, WSC, VRT, NRG, PXD, ABR, ASH, ASPU, BABA, FLMN\nCut stakes in: FOE, NAVI, OCN, TRN, BBDC, FCRD, SRGA, FB, SNR\n\nPERSHING SQUARE\n\nBoosted stakes in: DPZ\nCut stakes in: LOW, QSR, HLT, A\n\nSOROBAN CAPITAL\n\nTop new buys: FB, TWTR, NFLX, WAB, KAHC, LGV, BKI, PLNT, MSDA, TIOA\nTop exits: BABA, CMCSA, DPZ, RTX, GRA, GWRE, ALIT, SFTW, SPFR\nBoosted stakes in: LOW, CSX, ADI, UNP, FIS, VYGG, BTNB\nCut stakes in: ATUS, SPGI, PAYO, KVSB, ME, SUNL, BGRY, GNAC, DOMA, NSH\n\nSOROS FUND MANAGEMENT\n\nTop new buys: FIGS, INFO, PTRA, MQ, PPD, VER, NUAN, MGLN, INDI, ACN\nTop exits: BIDU, DEN, VIPS, TME, IQ, DISCK, XLE, MU, ASHR, WAL\nBoosted stakes in: AMZN, MXIM, ELAN, GOOGL, CLVT, DIS, OPEN, W, CRM, SYF\nCut stakes in: LQD, QS, VICI, UPST, TXN, LVS, ADI, NXPI, DHI, LPLA\n\nSTARBOARD\n\nTop new buys: PZZA, WPCB, LEGA, KAHC, SLAM, FRXB, ATMR, ROSS, MACC, ACAH\nBoosted stakes in: CERN, BOX, IWM, IWR, TWCT, KVSC, DGNU, PRPB, LNFA, ON\nCut stakes in: CTVA, IWN, ACM, MAAC, SCOR, NLOK, MMSI, ELAN, CVLT\n\nTEMASEK HOLDINGS\n\nTop new buys: ABNB, INTA, FLYW, PAYO, KRE, STEM, LCTU, INTC, SOFI, COPX\nTop exits: XLF, ADBE, INDA, EWZ, ACIU, PCVX\nBoosted stakes in: BILL, BEAM, TMO, DELL, EWY, IBN, IAU, CRM, SNOW, AFRM\nCut stakes in: WISH, IWM, BABA, MSFT, XLB, CTVA, DASH, RBLX\n\nTHIRD POINT\n\nTop new buys: S, SOFI, EDR, ZBH, PTON, RTPY, JWSM, ASZ, IACC, AUS\nTop exits: IAA, RACE, KMX, Z, SHOP, CVNA, ETRN, NYT, WISH, RKT\nBoosted stakes in: INTC, AMZN, DELL, CANO, EL, UBER, SU, RH, DD, AES\nCut stakes in: CHTR, PCG, JD, IQV, DIS, RADI, APTV, BOAC, MTTR, TEL\n\nTIGER GLOBAL\n\nTop new buys: PCOR, PATH, COIN, DV, BHG, DLO, APP, S, GRUB, KPLT\nTop exits: ASO\nBoosted stakes in: DASH, DOCU, ZM, SHOP, SE, SNOW, CVNA, PTON, YSG, RNG\nCut stakes in: CRM, TAL, JD, EDU, RBLX, GDS, UBER, DESP, BABA, RDFN","news_type":1},"isVote":1,"tweetType":1,"viewCount":189,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":896204486,"gmtCreate":1628583030145,"gmtModify":1703508525164,"author":{"id":"3575084008680468","authorId":"3575084008680468","name":"Hb_","avatar":"https://static.tigerbbs.com/2e6b4bec98a0dbb1567834e4f467227b","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575084008680468","authorIdStr":"3575084008680468"},"themes":[],"htmlText":"W","listText":"W","text":"W","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/896204486","repostId":"2158392428","repostType":4,"repost":{"id":"2158392428","kind":"live","pubTimestamp":1628582396,"share":"https://ttm.financial/m/news/2158392428?lang=&edition=fundamental","pubTime":"2021-08-10 15:59","market":"us","language":"en","title":"McDonald's faces Italian antitrust probe into franchise terms - document","url":"https://stock-news.laohu8.com/highlight/detail?id=2158392428","media":"Reuters","summary":"BRUSSELS, Aug 9 (Reuters) - Italy's antitrust authority AGCM will investigate McDonald's(MCD.N)terms","content":"<p>BRUSSELS, Aug 9 (Reuters) - Italy's antitrust authority AGCM will investigate McDonald's(MCD.N)terms and conditions in its agreements with franchise operators following several complaints, according to an AGCM document seen by Reuters.</p>\n<p>The AGCM move could put the U.S. fast-food chain at risk of a fine of as much as 10% of its global turnover if it is found guilty of breaching Italian antitrust rules.</p>\n<p>The AGCM declined to comment. McDonald's Italy said it was \"certain of the correctness of our work\" and open to collaborating with the agency. The group made $19.2 billion in revenues in 2020.</p>\n<p>The Italian competition watchdog said that based on the available information there appeared to be a relationship of economic dependence between the store operators and McDonald's.</p>\n<p>Some of McDonald's clauses in the franchising agreements cited by the complainants could constitute an abuse of economic dependence, it said in its decision to open an investigation, according to the 13-page document dated Aug. 4.</p>\n<p>The watchdog said a series of pervasive and binding clauses on prices, promotions, stocks, supplies and purchases, financial management, among others, could be seen as elements of abusive conduct.</p>\n<p>Antitrust laws prohibit companies from abusing the economic dependence of another company via unjustifiably burdensome or discriminatory contractual conditions, especially when the latter cannot find a viable alternative.</p>\n<p>With 85% of its outlets operated by franchisees, franchising is an important business model for McDonald's. It has about 615 restaurants in Italy, 85% of which are not company owned.</p>\n<p>McDonald's Italy said: \"While we do not yet know details of the investigation launched by the Italian Competition Authority, we are open to collaborating with the Authority, and we are certain of the correctness of our work and of the role that McDonald's has had and continues to have in stimulating entrepreneurship and in supporting the country's economy.\"</p>\n<p>McDonald's has 60 days to respond once it is notified and the investigation must be wrapped up by Dec. 31, 2022, the document said.</p>\n<p>McDonald's found itself on the AGCM's radar after three operators filed complaints in March regarding rents, royalties, the size of their investments and sales policies, according to the document.</p>\n<p>Italian consumer groups Codacons, Movimento Difesa del Cittadino and Cittadinanzattiva in 2017 took their grievances to the AGCM.</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>McDonald's faces Italian antitrust probe into franchise terms - document</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMcDonald's faces Italian antitrust probe into franchise terms - document\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-10 15:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3727682-mcdonalds-faces-regulatory-probe-in-italy-over-franchisee-terms><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>BRUSSELS, Aug 9 (Reuters) - Italy's antitrust authority AGCM will investigate McDonald's(MCD.N)terms and conditions in its agreements with franchise operators following several complaints, according ...</p>\n\n<a href=\"https://seekingalpha.com/news/3727682-mcdonalds-faces-regulatory-probe-in-italy-over-franchisee-terms\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MCD":"麦当劳"},"source_url":"https://seekingalpha.com/news/3727682-mcdonalds-faces-regulatory-probe-in-italy-over-franchisee-terms","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2158392428","content_text":"BRUSSELS, Aug 9 (Reuters) - Italy's antitrust authority AGCM will investigate McDonald's(MCD.N)terms and conditions in its agreements with franchise operators following several complaints, according to an AGCM document seen by Reuters.\nThe AGCM move could put the U.S. fast-food chain at risk of a fine of as much as 10% of its global turnover if it is found guilty of breaching Italian antitrust rules.\nThe AGCM declined to comment. McDonald's Italy said it was \"certain of the correctness of our work\" and open to collaborating with the agency. The group made $19.2 billion in revenues in 2020.\nThe Italian competition watchdog said that based on the available information there appeared to be a relationship of economic dependence between the store operators and McDonald's.\nSome of McDonald's clauses in the franchising agreements cited by the complainants could constitute an abuse of economic dependence, it said in its decision to open an investigation, according to the 13-page document dated Aug. 4.\nThe watchdog said a series of pervasive and binding clauses on prices, promotions, stocks, supplies and purchases, financial management, among others, could be seen as elements of abusive conduct.\nAntitrust laws prohibit companies from abusing the economic dependence of another company via unjustifiably burdensome or discriminatory contractual conditions, especially when the latter cannot find a viable alternative.\nWith 85% of its outlets operated by franchisees, franchising is an important business model for McDonald's. It has about 615 restaurants in Italy, 85% of which are not company owned.\nMcDonald's Italy said: \"While we do not yet know details of the investigation launched by the Italian Competition Authority, we are open to collaborating with the Authority, and we are certain of the correctness of our work and of the role that McDonald's has had and continues to have in stimulating entrepreneurship and in supporting the country's economy.\"\nMcDonald's has 60 days to respond once it is notified and the investigation must be wrapped up by Dec. 31, 2022, the document said.\nMcDonald's found itself on the AGCM's radar after three operators filed complaints in March regarding rents, royalties, the size of their investments and sales policies, according to the document.\nItalian consumer groups Codacons, Movimento Difesa del Cittadino and Cittadinanzattiva in 2017 took their grievances to the AGCM.","news_type":1},"isVote":1,"tweetType":1,"viewCount":36,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":171011056,"gmtCreate":1626695432775,"gmtModify":1703763474701,"author":{"id":"3575084008680468","authorId":"3575084008680468","name":"Hb_","avatar":"https://static.tigerbbs.com/2e6b4bec98a0dbb1567834e4f467227b","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575084008680468","authorIdStr":"3575084008680468"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/171011056","repostId":"1135910714","repostType":4,"repost":{"id":"1135910714","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1626692784,"share":"https://ttm.financial/m/news/1135910714?lang=&edition=fundamental","pubTime":"2021-07-19 19:06","market":"us","language":"en","title":"Toplines Before US Market Open on Monday","url":"https://stock-news.laohu8.com/highlight/detail?id=1135910714","media":"Tiger Newspress","summary":"The morning sell-off in stock futures is accelerating.\nPershing Square Tontine Holdings, Tesla Motor","content":"<ul>\n <li>The morning sell-off in stock futures is accelerating.</li>\n <li>Pershing Square Tontine Holdings, Tesla Motor, XPeng Inc. made the biggest moves in premarket trading.</li>\n <li>Oil extended losses, with WTI crude futures tumbling 3.8% to below $70/barrel after yesterday's OPEC+ deal which many saw as bullish but not CTAs which this morning are engaged in wholesale liquidation.</li>\n</ul>\n<p>(July&nbsp;19)&nbsp;U.S. stock futures, oil prices and government bond yields slid, amid anxiety that the spread of the Delta coronavirus variant would hold back the global economy.</p>\n<p>At 8:09 a.m. ET,Futures for the S&amp;P 500 fell 1.11%, signaling opening losses for the broad stock-market gauge after itsnapped a three-week winning streak Friday. Contracts for the Dow Jones Industrial Average dropped 1.35%. Futures on the technology-focused <a href=\"https://laohu8.com/S/NDAQ\">Nasdaq</a>-100 fell 0.89%.</p>\n<p><img src=\"https://static.tigerbbs.com/78212dd3d7e6d2af95d4495fa43cf583\" tg-width=\"1242\" tg-height=\"499\" referrerpolicy=\"no-referrer\"></p>\n<p>Surging cases of the coronavirusin many parts of the world, including highly-vaccinated countries such as the U.K., have prompted investors to dial down their expectations of economic growth in the coming months. Some also are concerned that a steep rise in prices will pinch consumption and prompt central banks to withdraw stimulus, creating an environment of lower growth and higher inflation in which stocks tend to struggle.</p>\n<p>“What you’re seeing is a sense that the consumer is starting to be affected quite significantly” by the jump in prices, said Sebastien Galy, senior macro strategist at Nordea Asset Management.</p>\n<p>Business reopenings, rising vaccination rates and government pandemic aid have helped propel rapid gains in consumer spending—the economy’s main driver. But surveys show that inflation, which accelerated to a 13-year high in the U.S. in June, is starting toknock consumers’ confidencein their ability to keep spending, Mr. Galy said.</p>\n<p>Airlines and oil-and-gas companies were among the worst performers ahead of the bell in <a href=\"https://laohu8.com/S/NWY\">New York</a>.<a href=\"https://laohu8.com/S/OXY\">Occidental</a> Petroleumlost 4.1%, <a href=\"https://laohu8.com/S/COP\">ConocoPhillips</a> 3.6%,<a href=\"https://laohu8.com/S/AAL\">American Airlines</a> Group2.3% and $Delta <a href=\"https://laohu8.com/S/AIRI\">Air</a> Lines(DAL)$ 2.2%.</p>\n<p>One bright spot wasFive9,which jumped 8.3% on news thatZoom Video Communicationsplans to buy the provider of cloud-based customer-service software in a deal valuing the firm at $14.7 billion. <a href=\"https://laohu8.com/S/ZM\">Zoom</a> shares slipped 2% in premarket trading.</p>\n<p>Worries about the economic effects of the virus were evident in a broad retreat in global markets. The regional Stoxx Europe 600 slid 1.9%, led lower by shares of economically sensitive travel, leisure and commodities companies.</p>\n<p>Potential beneficiaries of a prolonged pandemic including food-delivery companiesHelloFresh,Deliverooand <a href=\"https://laohu8.com/S/JE\">Just</a> Eat Takeaway.com ticked higher.</p>\n<p>Among other stocks, Paris-listedVivendifell 1.2%. <a href=\"https://laohu8.com/S/PGLC\">Pershing</a> <a href=\"https://laohu8.com/S/SQ\">Square</a> Tontine, a blank-check company led by hedge-fund manager Bill Ackman, said it had dropped plans topurchase a 10% stakein <a href=\"https://laohu8.com/S/UVV\">Universal</a> Music Group. Mr. Ackman’s <a href=\"https://laohu8.com/S/PGLC\">Pershing</a> <a href=\"https://laohu8.com/S/SQ\">Square</a> said it would take a large stake in <a href=\"https://laohu8.com/S/UVV\">Universal</a>, which is majority owned by Vivendi, instead.</p>\n<p>Italian luxury fashion house Ermenegildo Zegna will go public on the <a href=\"https://laohu8.com/S/NYRT\">New York</a> Stock Exchange later this year as part of a tie-up agreement with special-purpose acquisition corporation Investindustrial Acquisition. Shares of the SPAC, whose chairman is former UBS CEO Sergio Ermotti, edged down before the bell in <a href=\"https://laohu8.com/S/NGD\">New</a> York.</p>\n<p><b>Stocks making the biggest moves premarket:</b></p>\n<p><b><a href=\"https://laohu8.com/S/PSTH.U\">Pershing Square Tontine Holdings</a>:&nbsp;</b>Billionaire investor William Ackman’s <a href=\"https://laohu8.com/S/PSTH\">Pershing Square Tontine Holdings</a> has dropped a deal to buy 10% of Vivendi’s Universal Music Group (UMG), the label that is home to musicians such as Taylor Swift.</p>\n<p><b><a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a> :&nbsp;</b>On Saturday, Elon Musk's Tesla Inc launched its Full Self-Driving (FSD) subscription for its driver-assistance software package for $199 per month, Reuters reports. Tesla offered the Full Self-Driving package for a <a href=\"https://laohu8.com/S/AONE.U\">one</a>-time payment of $10,000. The FSD feature would cost $99 a month for those who previously bought the Enhanced Autopilot package. According to Tesla, vehicle owners can cancel their monthly FSD subscription at any time. Tesla fell 2.28% in the premarket&nbsp;trading.</p>\n<p><img src=\"https://static.tigerbbs.com/e2886cd35d2ac9d0ed7cf4d9056c678a\" tg-width=\"642\" tg-height=\"460\" referrerpolicy=\"no-referrer\"></p>\n<p><b><a href=\"https://laohu8.com/S/XPEV\">XPeng Inc.</a>:&nbsp;</b>Xpeng Undercuts Tesla With P5 Sedan Priced Starting $24.7K, EV Maker Reports High Demand As It Begins Taking Pre-Order.Xpeng fell 2.13% in the premarket&nbsp;trading.</p>\n<p><img src=\"https://static.tigerbbs.com/bbc962c414c77edbe87597c447261cac\" tg-width=\"642\" tg-height=\"460\" referrerpolicy=\"no-referrer\"></p>\n<p><b><a href=\"https://laohu8.com/S/JNJ\">Johnson &amp; Johnson</a>: </b>Johnson &amp; Johnson (JNJ.N) is exploring a plan to offload liabilities from widespread Baby Powder litigation into a newly created business that would then seek bankruptcy protection, according to seven people familiar with the matter.J&amp;J faces legal actions from tens of thousands of plaintiffs alleging its Baby Powder and other talc products contained asbestos and caused cancer. The plaintiffs include women suffering from ovarian cancer and others battling mesothelioma.</p>\n<p><img src=\"https://static.tigerbbs.com/ea35138cf94432dfdcd08c1528620d42\" tg-width=\"642\" tg-height=\"460\" referrerpolicy=\"no-referrer\"></p>\n<p>In Asia, technology giants <a href=\"https://laohu8.com/S/BABA\">Alibaba</a> and Tencent weighed on Hong Kong’s Hang Seng Index, which had lost 1.8% by the close of trading. The losses came after the Biden administration on Friday warned <a href=\"https://laohu8.com/S/AFG\">American</a> companies about the increasingrisks of operating in the financial hub.</p>\n<p>Japan’s Nikkei 225 dropped 1.3%. More athletes and staff members attending theTokyo Olympics have tested positive, while cases are surging in Indonesia. Sydney, Australia’s most populous city, is under lockdown because of a delta outbreak.</p>\n<p>David Chao, a market strategist at <a href=\"https://laohu8.com/S/IVZ\">Invesco</a>, said the spread of the delta variant across Asia, coupled with low vaccination rates and expectations of additional social-distancing measures, has “taken wind out of the sail for many investors expecting an economic rebound” in the region.</p>\n<p>Mr. Chao said he expected investors to continue to pull funds out of Asian stocks and shift them to shares in developed markets with high inoculation rates, such as the U.S. and U.K.</p>\n<p><b>In FX, </b>the pound slumped to a three-month low and the FTSE 100 tumbled 1.9% after the U.K. lifted remaining virus curbs in England even as virus cases increased the most in the world, signaling the challenge nations face to fully reopen their economies. Australia’s dollar dropped to a seven-month low after state governments tightened and extended lockdown measures to contain the latest outbreak. The yen strengthened versus all of its Group-of-10 peers. Investors are seeking protection in currency options; data from the Depository Trust &amp; Clearing Corporation show that volumes are running 10% higher than recent averages overall, with demand for Aussie and yuan exposure running at almost double the averages while the pound is almost at triple.</p>\n<p><b>Oil extended losses, </b>with WTI crude futures tumbling 3.8% to below $70/barrel after yesterday's OPEC+ deal which many saw as bullish but not CTAs which this morning are engaged in wholesale liquidation.</p>\n<p>Gold, a perceived safe haven asset, was also down sliding to just above $1,800. On Sunday OPEC and its allies struck a deal that allows for monthly supply hikes of 400k b/d, putting the group back in control of the crude market. Oil refiners in Asia stayed on the sidelines awaiting price cuts after the OPEC+ deal.</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 Monday</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 Monday\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\">2021-07-19 19:06</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul>\n <li>The morning sell-off in stock futures is accelerating.</li>\n <li>Pershing Square Tontine Holdings, Tesla Motor, XPeng Inc. made the biggest moves in premarket trading.</li>\n <li>Oil extended losses, with WTI crude futures tumbling 3.8% to below $70/barrel after yesterday's OPEC+ deal which many saw as bullish but not CTAs which this morning are engaged in wholesale liquidation.</li>\n</ul>\n<p>(July&nbsp;19)&nbsp;U.S. stock futures, oil prices and government bond yields slid, amid anxiety that the spread of the Delta coronavirus variant would hold back the global economy.</p>\n<p>At 8:09 a.m. ET,Futures for the S&amp;P 500 fell 1.11%, signaling opening losses for the broad stock-market gauge after itsnapped a three-week winning streak Friday. Contracts for the Dow Jones Industrial Average dropped 1.35%. Futures on the technology-focused <a href=\"https://laohu8.com/S/NDAQ\">Nasdaq</a>-100 fell 0.89%.</p>\n<p><img src=\"https://static.tigerbbs.com/78212dd3d7e6d2af95d4495fa43cf583\" tg-width=\"1242\" tg-height=\"499\" referrerpolicy=\"no-referrer\"></p>\n<p>Surging cases of the coronavirusin many parts of the world, including highly-vaccinated countries such as the U.K., have prompted investors to dial down their expectations of economic growth in the coming months. Some also are concerned that a steep rise in prices will pinch consumption and prompt central banks to withdraw stimulus, creating an environment of lower growth and higher inflation in which stocks tend to struggle.</p>\n<p>“What you’re seeing is a sense that the consumer is starting to be affected quite significantly” by the jump in prices, said Sebastien Galy, senior macro strategist at Nordea Asset Management.</p>\n<p>Business reopenings, rising vaccination rates and government pandemic aid have helped propel rapid gains in consumer spending—the economy’s main driver. But surveys show that inflation, which accelerated to a 13-year high in the U.S. in June, is starting toknock consumers’ confidencein their ability to keep spending, Mr. Galy said.</p>\n<p>Airlines and oil-and-gas companies were among the worst performers ahead of the bell in <a href=\"https://laohu8.com/S/NWY\">New York</a>.<a href=\"https://laohu8.com/S/OXY\">Occidental</a> Petroleumlost 4.1%, <a href=\"https://laohu8.com/S/COP\">ConocoPhillips</a> 3.6%,<a href=\"https://laohu8.com/S/AAL\">American Airlines</a> Group2.3% and $Delta <a href=\"https://laohu8.com/S/AIRI\">Air</a> Lines(DAL)$ 2.2%.</p>\n<p>One bright spot wasFive9,which jumped 8.3% on news thatZoom Video Communicationsplans to buy the provider of cloud-based customer-service software in a deal valuing the firm at $14.7 billion. <a href=\"https://laohu8.com/S/ZM\">Zoom</a> shares slipped 2% in premarket trading.</p>\n<p>Worries about the economic effects of the virus were evident in a broad retreat in global markets. The regional Stoxx Europe 600 slid 1.9%, led lower by shares of economically sensitive travel, leisure and commodities companies.</p>\n<p>Potential beneficiaries of a prolonged pandemic including food-delivery companiesHelloFresh,Deliverooand <a href=\"https://laohu8.com/S/JE\">Just</a> Eat Takeaway.com ticked higher.</p>\n<p>Among other stocks, Paris-listedVivendifell 1.2%. <a href=\"https://laohu8.com/S/PGLC\">Pershing</a> <a href=\"https://laohu8.com/S/SQ\">Square</a> Tontine, a blank-check company led by hedge-fund manager Bill Ackman, said it had dropped plans topurchase a 10% stakein <a href=\"https://laohu8.com/S/UVV\">Universal</a> Music Group. Mr. Ackman’s <a href=\"https://laohu8.com/S/PGLC\">Pershing</a> <a href=\"https://laohu8.com/S/SQ\">Square</a> said it would take a large stake in <a href=\"https://laohu8.com/S/UVV\">Universal</a>, which is majority owned by Vivendi, instead.</p>\n<p>Italian luxury fashion house Ermenegildo Zegna will go public on the <a href=\"https://laohu8.com/S/NYRT\">New York</a> Stock Exchange later this year as part of a tie-up agreement with special-purpose acquisition corporation Investindustrial Acquisition. Shares of the SPAC, whose chairman is former UBS CEO Sergio Ermotti, edged down before the bell in <a href=\"https://laohu8.com/S/NGD\">New</a> York.</p>\n<p><b>Stocks making the biggest moves premarket:</b></p>\n<p><b><a href=\"https://laohu8.com/S/PSTH.U\">Pershing Square Tontine Holdings</a>:&nbsp;</b>Billionaire investor William Ackman’s <a href=\"https://laohu8.com/S/PSTH\">Pershing Square Tontine Holdings</a> has dropped a deal to buy 10% of Vivendi’s Universal Music Group (UMG), the label that is home to musicians such as Taylor Swift.</p>\n<p><b><a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a> :&nbsp;</b>On Saturday, Elon Musk's Tesla Inc launched its Full Self-Driving (FSD) subscription for its driver-assistance software package for $199 per month, Reuters reports. Tesla offered the Full Self-Driving package for a <a href=\"https://laohu8.com/S/AONE.U\">one</a>-time payment of $10,000. The FSD feature would cost $99 a month for those who previously bought the Enhanced Autopilot package. According to Tesla, vehicle owners can cancel their monthly FSD subscription at any time. Tesla fell 2.28% in the premarket&nbsp;trading.</p>\n<p><img src=\"https://static.tigerbbs.com/e2886cd35d2ac9d0ed7cf4d9056c678a\" tg-width=\"642\" tg-height=\"460\" referrerpolicy=\"no-referrer\"></p>\n<p><b><a href=\"https://laohu8.com/S/XPEV\">XPeng Inc.</a>:&nbsp;</b>Xpeng Undercuts Tesla With P5 Sedan Priced Starting $24.7K, EV Maker Reports High Demand As It Begins Taking Pre-Order.Xpeng fell 2.13% in the premarket&nbsp;trading.</p>\n<p><img src=\"https://static.tigerbbs.com/bbc962c414c77edbe87597c447261cac\" tg-width=\"642\" tg-height=\"460\" referrerpolicy=\"no-referrer\"></p>\n<p><b><a href=\"https://laohu8.com/S/JNJ\">Johnson &amp; Johnson</a>: </b>Johnson &amp; Johnson (JNJ.N) is exploring a plan to offload liabilities from widespread Baby Powder litigation into a newly created business that would then seek bankruptcy protection, according to seven people familiar with the matter.J&amp;J faces legal actions from tens of thousands of plaintiffs alleging its Baby Powder and other talc products contained asbestos and caused cancer. The plaintiffs include women suffering from ovarian cancer and others battling mesothelioma.</p>\n<p><img src=\"https://static.tigerbbs.com/ea35138cf94432dfdcd08c1528620d42\" tg-width=\"642\" tg-height=\"460\" referrerpolicy=\"no-referrer\"></p>\n<p>In Asia, technology giants <a href=\"https://laohu8.com/S/BABA\">Alibaba</a> and Tencent weighed on Hong Kong’s Hang Seng Index, which had lost 1.8% by the close of trading. The losses came after the Biden administration on Friday warned <a href=\"https://laohu8.com/S/AFG\">American</a> companies about the increasingrisks of operating in the financial hub.</p>\n<p>Japan’s Nikkei 225 dropped 1.3%. More athletes and staff members attending theTokyo Olympics have tested positive, while cases are surging in Indonesia. Sydney, Australia’s most populous city, is under lockdown because of a delta outbreak.</p>\n<p>David Chao, a market strategist at <a href=\"https://laohu8.com/S/IVZ\">Invesco</a>, said the spread of the delta variant across Asia, coupled with low vaccination rates and expectations of additional social-distancing measures, has “taken wind out of the sail for many investors expecting an economic rebound” in the region.</p>\n<p>Mr. Chao said he expected investors to continue to pull funds out of Asian stocks and shift them to shares in developed markets with high inoculation rates, such as the U.S. and U.K.</p>\n<p><b>In FX, </b>the pound slumped to a three-month low and the FTSE 100 tumbled 1.9% after the U.K. lifted remaining virus curbs in England even as virus cases increased the most in the world, signaling the challenge nations face to fully reopen their economies. Australia’s dollar dropped to a seven-month low after state governments tightened and extended lockdown measures to contain the latest outbreak. The yen strengthened versus all of its Group-of-10 peers. Investors are seeking protection in currency options; data from the Depository Trust &amp; Clearing Corporation show that volumes are running 10% higher than recent averages overall, with demand for Aussie and yuan exposure running at almost double the averages while the pound is almost at triple.</p>\n<p><b>Oil extended losses, </b>with WTI crude futures tumbling 3.8% to below $70/barrel after yesterday's OPEC+ deal which many saw as bullish but not CTAs which this morning are engaged in wholesale liquidation.</p>\n<p>Gold, a perceived safe haven asset, was also down sliding to just above $1,800. On Sunday OPEC and its allies struck a deal that allows for monthly supply hikes of 400k b/d, putting the group back in control of the crude market. Oil refiners in Asia stayed on the sidelines awaiting price cuts after the OPEC+ deal.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index","SPY":"标普500ETF",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135910714","content_text":"The morning sell-off in stock futures is accelerating.\nPershing Square Tontine Holdings, Tesla Motor, XPeng Inc. made the biggest moves in premarket trading.\nOil extended losses, with WTI crude futures tumbling 3.8% to below $70/barrel after yesterday's OPEC+ deal which many saw as bullish but not CTAs which this morning are engaged in wholesale liquidation.\n\n(July 19) U.S. stock futures, oil prices and government bond yields slid, amid anxiety that the spread of the Delta coronavirus variant would hold back the global economy.\nAt 8:09 a.m. ET,Futures for the S&P 500 fell 1.11%, signaling opening losses for the broad stock-market gauge after itsnapped a three-week winning streak Friday. Contracts for the Dow Jones Industrial Average dropped 1.35%. Futures on the technology-focused Nasdaq-100 fell 0.89%.\n\nSurging cases of the coronavirusin many parts of the world, including highly-vaccinated countries such as the U.K., have prompted investors to dial down their expectations of economic growth in the coming months. Some also are concerned that a steep rise in prices will pinch consumption and prompt central banks to withdraw stimulus, creating an environment of lower growth and higher inflation in which stocks tend to struggle.\n“What you’re seeing is a sense that the consumer is starting to be affected quite significantly” by the jump in prices, said Sebastien Galy, senior macro strategist at Nordea Asset Management.\nBusiness reopenings, rising vaccination rates and government pandemic aid have helped propel rapid gains in consumer spending—the economy’s main driver. But surveys show that inflation, which accelerated to a 13-year high in the U.S. in June, is starting toknock consumers’ confidencein their ability to keep spending, Mr. Galy said.\nAirlines and oil-and-gas companies were among the worst performers ahead of the bell in New York.Occidental Petroleumlost 4.1%, ConocoPhillips 3.6%,American Airlines Group2.3% and $Delta Air Lines(DAL)$ 2.2%.\nOne bright spot wasFive9,which jumped 8.3% on news thatZoom Video Communicationsplans to buy the provider of cloud-based customer-service software in a deal valuing the firm at $14.7 billion. Zoom shares slipped 2% in premarket trading.\nWorries about the economic effects of the virus were evident in a broad retreat in global markets. The regional Stoxx Europe 600 slid 1.9%, led lower by shares of economically sensitive travel, leisure and commodities companies.\nPotential beneficiaries of a prolonged pandemic including food-delivery companiesHelloFresh,Deliverooand Just Eat Takeaway.com ticked higher.\nAmong other stocks, Paris-listedVivendifell 1.2%. Pershing Square Tontine, a blank-check company led by hedge-fund manager Bill Ackman, said it had dropped plans topurchase a 10% stakein Universal Music Group. Mr. Ackman’s Pershing Square said it would take a large stake in Universal, which is majority owned by Vivendi, instead.\nItalian luxury fashion house Ermenegildo Zegna will go public on the New York Stock Exchange later this year as part of a tie-up agreement with special-purpose acquisition corporation Investindustrial Acquisition. Shares of the SPAC, whose chairman is former UBS CEO Sergio Ermotti, edged down before the bell in New York.\nStocks making the biggest moves premarket:\nPershing Square Tontine Holdings: Billionaire investor William Ackman’s Pershing Square Tontine Holdings has dropped a deal to buy 10% of Vivendi’s Universal Music Group (UMG), the label that is home to musicians such as Taylor Swift.\nTesla Motors : On Saturday, Elon Musk's Tesla Inc launched its Full Self-Driving (FSD) subscription for its driver-assistance software package for $199 per month, Reuters reports. Tesla offered the Full Self-Driving package for a one-time payment of $10,000. The FSD feature would cost $99 a month for those who previously bought the Enhanced Autopilot package. According to Tesla, vehicle owners can cancel their monthly FSD subscription at any time. Tesla fell 2.28% in the premarket trading.\n\nXPeng Inc.: Xpeng Undercuts Tesla With P5 Sedan Priced Starting $24.7K, EV Maker Reports High Demand As It Begins Taking Pre-Order.Xpeng fell 2.13% in the premarket trading.\n\nJohnson & Johnson: Johnson & Johnson (JNJ.N) is exploring a plan to offload liabilities from widespread Baby Powder litigation into a newly created business that would then seek bankruptcy protection, according to seven people familiar with the matter.J&J faces legal actions from tens of thousands of plaintiffs alleging its Baby Powder and other talc products contained asbestos and caused cancer. The plaintiffs include women suffering from ovarian cancer and others battling mesothelioma.\n\nIn Asia, technology giants Alibaba and Tencent weighed on Hong Kong’s Hang Seng Index, which had lost 1.8% by the close of trading. The losses came after the Biden administration on Friday warned American companies about the increasingrisks of operating in the financial hub.\nJapan’s Nikkei 225 dropped 1.3%. More athletes and staff members attending theTokyo Olympics have tested positive, while cases are surging in Indonesia. Sydney, Australia’s most populous city, is under lockdown because of a delta outbreak.\nDavid Chao, a market strategist at Invesco, said the spread of the delta variant across Asia, coupled with low vaccination rates and expectations of additional social-distancing measures, has “taken wind out of the sail for many investors expecting an economic rebound” in the region.\nMr. Chao said he expected investors to continue to pull funds out of Asian stocks and shift them to shares in developed markets with high inoculation rates, such as the U.S. and U.K.\nIn FX, the pound slumped to a three-month low and the FTSE 100 tumbled 1.9% after the U.K. lifted remaining virus curbs in England even as virus cases increased the most in the world, signaling the challenge nations face to fully reopen their economies. Australia’s dollar dropped to a seven-month low after state governments tightened and extended lockdown measures to contain the latest outbreak. The yen strengthened versus all of its Group-of-10 peers. Investors are seeking protection in currency options; data from the Depository Trust & Clearing Corporation show that volumes are running 10% higher than recent averages overall, with demand for Aussie and yuan exposure running at almost double the averages while the pound is almost at triple.\nOil extended losses, with WTI crude futures tumbling 3.8% to below $70/barrel after yesterday's OPEC+ deal which many saw as bullish but not CTAs which this morning are engaged in wholesale liquidation.\nGold, a perceived safe haven asset, was also down sliding to just above $1,800. On Sunday OPEC and its allies struck a deal that allows for monthly supply hikes of 400k b/d, putting the group back in control of the crude market. Oil refiners in Asia stayed on the sidelines awaiting price cuts after the OPEC+ deal.","news_type":1},"isVote":1,"tweetType":1,"viewCount":86,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":346523136,"gmtCreate":1618075262025,"gmtModify":1704706476999,"author":{"id":"3575084008680468","authorId":"3575084008680468","name":"Hb_","avatar":"https://static.tigerbbs.com/2e6b4bec98a0dbb1567834e4f467227b","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575084008680468","authorIdStr":"3575084008680468"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/346523136","repostId":"2126766032","repostType":2,"repost":{"id":"2126766032","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1618068900,"share":"https://ttm.financial/m/news/2126766032?lang=&edition=fundamental","pubTime":"2021-04-10 23:35","market":"hk","language":"en","title":"China's bitcoin crackdown contradicts Peter Thiel's belief that it is a 'financial weapon' against U.S.","url":"https://stock-news.laohu8.com/highlight/detail?id=2126766032","media":"Dow Jones","summary":"MW UPDATE: China's bitcoin crackdown contradicts Peter Thiel's belief that it is a 'financial weapon","content":"<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW UPDATE: China's bitcoin crackdown contradicts Peter Thiel's belief that it is a 'financial weapon' against U.S.\n</p>\n<p>\n  Chris Matthews \n</p>\n<p>\n  Billionaire venture capitalist Peter Thiel made waves Tuesday  when he suggested that bitcoin could be thought of as \"in part a Chinese financial weapon against the U.S.,\" because, he argued, bitcoin undermines the U.S. dollar's status as the world's reserve currency. \n</p>\n<p>\n  \"From China's point of view, they don't like the U.S. having this reserve currency because it gives the U.S. a lot of leverage over Iranian oil supplies and all sorts of things like that,\" the <a href=\"https://laohu8.com/S/PYPL\">PayPal</a> (PYPL) founder and <a href=\"https://laohu8.com/S/FB\">Facebook</a> (FB) board member said during a virtual event for the Richard Nixon Foundation. Bitcoin , he added, \"threatens fiat money, but it especially threatens the U.S. dollar, and China wants to do things to weaken it.\" \n</p>\n<p>\n  Read more:  China may be using bitcoin as 'financial weapon' against U.S., says Peter Thiel  \n</p>\n<p>\n  Thiel's past statements on bitcoin, along with China's overall policy toward the virtual currency, may be at odds with his most recent analysis. \n</p>\n<p>\n  In 2018, for instance, Thiel told CNBC  that he saw bitcoin as an excellent store of value, but not something that would likely be used for everyday transactions. \"I'm not talking about a new payments system,\" because transaction costs are too high, Thiel said. Rather, \"it's like bars of gold in a vault that never move, and it's a sort of hedge against the whole world going falling apart,\" he said. \n</p>\n<p>\n  Investors often liken bitcoin to gold, traditionally viewed as a hedge against inflation or a serious economic downturn, and some analysts have used  gold's current market capitalization as a means to calculate a price target for bitcoin over the long term. But conceiving of bitcoin as digital gold by definition means that it will not serve as a replacement for the dollar  as a medium for everyday transactions. \n</p>\n<p>\n  As for whether bitcoin threatens the U.S. dollar as the world's reserve currency, most economists are doubtful . \n</p>\n<p>\n  \"Investors can also easily access the U.S.'s deep and efficient capital markets, without worrying about capital controls\" he added. \"These factors are likely toremain the primary drivers of global reserve currency status.\" \n</p>\n<p>\n  Bitcoin does not share the traits listed above: it does not maintain a stable value and its fixed number of coins means that it can't keep up with an insatiable global demand for safe assets like the U.S. debt market can. Indeed, investor willingness to fund more than $21 trillion  in U.S. public debt, often at negative real interest rates, shows that the U.S. dollar continues to have massive appeal even as cryptocurrencies go mainstream. \n</p>\n<p>\n  Furthermore, China's actions over the past decade show that it is deeply skeptical of bitcoin and likely sees it as a threat to the power of the Chinese Communist Party. In 2017, the People's Bank of China and five other ministries banned financings using cryptocurrency, like initial coin offerings, and banned the exchange of fiat money for cryptocurrency, according to  Rain Xie of the Washington University School of Law. \n</p>\n<p>\n  She argued that a primary reason for this ban was China's strict capital controls, aimed at preventing wealth from leaving China for other countries. To maintain these controls while allowing cryptocurrency transactions, Chinese banks would have been required to undertake \"a technologically impossible mission of tracking and imposing limitations upon each encrypted, anonymous cryptocurrency transaction from every Chinese user.\" \n</p>\n<p>\n  Such a crackdown on private cryptocurrencies can hardly be seen as useful to promoting bitcoin as a competing reserve currency to the U.S. dollar. Instead, China has built it's own central bank digital currency, a digital yuan as a counterweight to popular digital payment platforms. \n</p>\n<p>\n  See also: Will China's new digital yuan threaten King Dollar's reign?  \n</p>\n<p>\n  \"A lot of financial activity in China is happening over platforms like AliPay and WeChat Pay, and the central bank and other regulators didn't have a lot of visibility into that activity and that's something the Chinese authorities don't like,\" Stephanie Segal, a senior fellow at the Center for Strategic and International Studies told MarketWatch on Tuesday . \n</p>\n<p>\n  Meanwhile, China's economy relies heavily on the forbearance of state-owned banks, which roll over nonperforming loans to avoid the disruptions of economically important institutions defaulting. \"That can be sustained as long as you have a constant funding source,\" in the form of consumer deposits, but a growing system of private money could undermine that, Segal said. \n</p>\n<p>\n  China may chafe at the geopolitical power bestowed on the U.S. government by the popularity of the dollar, but cryptocurrencies appear to be a greater threat to the Chinese Communist Party's hold on to power than to the dollar's status as the world's reserve currency. \n</p>\n<p>\n  -Chris Matthews; 415-439-6400; AskNewswires@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  April 10, 2021 11:35 ET (15:35 GMT)\n</p>\n<p>\n  Copyright (c) 2021 Dow Jones &amp; Company, Inc.\n</p>\n</font></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China's bitcoin crackdown contradicts Peter Thiel's belief that it is a 'financial weapon' against U.S.</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\">\nChina's bitcoin crackdown contradicts Peter Thiel's belief that it is a 'financial weapon' against U.S.\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-04-10 23:35</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW UPDATE: China's bitcoin crackdown contradicts Peter Thiel's belief that it is a 'financial weapon' against U.S.\n</p>\n<p>\n  Chris Matthews \n</p>\n<p>\n  Billionaire venture capitalist Peter Thiel made waves Tuesday  when he suggested that bitcoin could be thought of as \"in part a Chinese financial weapon against the U.S.,\" because, he argued, bitcoin undermines the U.S. dollar's status as the world's reserve currency. \n</p>\n<p>\n  \"From China's point of view, they don't like the U.S. having this reserve currency because it gives the U.S. a lot of leverage over Iranian oil supplies and all sorts of things like that,\" the <a href=\"https://laohu8.com/S/PYPL\">PayPal</a> (PYPL) founder and <a href=\"https://laohu8.com/S/FB\">Facebook</a> (FB) board member said during a virtual event for the Richard Nixon Foundation. Bitcoin , he added, \"threatens fiat money, but it especially threatens the U.S. dollar, and China wants to do things to weaken it.\" \n</p>\n<p>\n  Read more:  China may be using bitcoin as 'financial weapon' against U.S., says Peter Thiel  \n</p>\n<p>\n  Thiel's past statements on bitcoin, along with China's overall policy toward the virtual currency, may be at odds with his most recent analysis. \n</p>\n<p>\n  In 2018, for instance, Thiel told CNBC  that he saw bitcoin as an excellent store of value, but not something that would likely be used for everyday transactions. \"I'm not talking about a new payments system,\" because transaction costs are too high, Thiel said. Rather, \"it's like bars of gold in a vault that never move, and it's a sort of hedge against the whole world going falling apart,\" he said. \n</p>\n<p>\n  Investors often liken bitcoin to gold, traditionally viewed as a hedge against inflation or a serious economic downturn, and some analysts have used  gold's current market capitalization as a means to calculate a price target for bitcoin over the long term. But conceiving of bitcoin as digital gold by definition means that it will not serve as a replacement for the dollar  as a medium for everyday transactions. \n</p>\n<p>\n  As for whether bitcoin threatens the U.S. dollar as the world's reserve currency, most economists are doubtful . \n</p>\n<p>\n  \"Investors can also easily access the U.S.'s deep and efficient capital markets, without worrying about capital controls\" he added. \"These factors are likely toremain the primary drivers of global reserve currency status.\" \n</p>\n<p>\n  Bitcoin does not share the traits listed above: it does not maintain a stable value and its fixed number of coins means that it can't keep up with an insatiable global demand for safe assets like the U.S. debt market can. Indeed, investor willingness to fund more than $21 trillion  in U.S. public debt, often at negative real interest rates, shows that the U.S. dollar continues to have massive appeal even as cryptocurrencies go mainstream. \n</p>\n<p>\n  Furthermore, China's actions over the past decade show that it is deeply skeptical of bitcoin and likely sees it as a threat to the power of the Chinese Communist Party. In 2017, the People's Bank of China and five other ministries banned financings using cryptocurrency, like initial coin offerings, and banned the exchange of fiat money for cryptocurrency, according to  Rain Xie of the Washington University School of Law. \n</p>\n<p>\n  She argued that a primary reason for this ban was China's strict capital controls, aimed at preventing wealth from leaving China for other countries. To maintain these controls while allowing cryptocurrency transactions, Chinese banks would have been required to undertake \"a technologically impossible mission of tracking and imposing limitations upon each encrypted, anonymous cryptocurrency transaction from every Chinese user.\" \n</p>\n<p>\n  Such a crackdown on private cryptocurrencies can hardly be seen as useful to promoting bitcoin as a competing reserve currency to the U.S. dollar. Instead, China has built it's own central bank digital currency, a digital yuan as a counterweight to popular digital payment platforms. \n</p>\n<p>\n  See also: Will China's new digital yuan threaten King Dollar's reign?  \n</p>\n<p>\n  \"A lot of financial activity in China is happening over platforms like AliPay and WeChat Pay, and the central bank and other regulators didn't have a lot of visibility into that activity and that's something the Chinese authorities don't like,\" Stephanie Segal, a senior fellow at the Center for Strategic and International Studies told MarketWatch on Tuesday . \n</p>\n<p>\n  Meanwhile, China's economy relies heavily on the forbearance of state-owned banks, which roll over nonperforming loans to avoid the disruptions of economically important institutions defaulting. \"That can be sustained as long as you have a constant funding source,\" in the form of consumer deposits, but a growing system of private money could undermine that, Segal said. \n</p>\n<p>\n  China may chafe at the geopolitical power bestowed on the U.S. government by the popularity of the dollar, but cryptocurrencies appear to be a greater threat to the Chinese Communist Party's hold on to power than to the dollar's status as the world's reserve currency. \n</p>\n<p>\n  -Chris Matthews; 415-439-6400; AskNewswires@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  April 10, 2021 11:35 ET (15:35 GMT)\n</p>\n<p>\n  Copyright (c) 2021 Dow Jones &amp; Company, Inc.\n</p>\n</font></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc.","PYPL":"PayPal"},"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2126766032","content_text":"MW UPDATE: China's bitcoin crackdown contradicts Peter Thiel's belief that it is a 'financial weapon' against U.S.\n\n\n  Chris Matthews \n\n\n  Billionaire venture capitalist Peter Thiel made waves Tuesday  when he suggested that bitcoin could be thought of as \"in part a Chinese financial weapon against the U.S.,\" because, he argued, bitcoin undermines the U.S. dollar's status as the world's reserve currency. \n\n\n  \"From China's point of view, they don't like the U.S. having this reserve currency because it gives the U.S. a lot of leverage over Iranian oil supplies and all sorts of things like that,\" the PayPal (PYPL) founder and Facebook (FB) board member said during a virtual event for the Richard Nixon Foundation. Bitcoin , he added, \"threatens fiat money, but it especially threatens the U.S. dollar, and China wants to do things to weaken it.\" \n\n\n  Read more:  China may be using bitcoin as 'financial weapon' against U.S., says Peter Thiel  \n\n\n  Thiel's past statements on bitcoin, along with China's overall policy toward the virtual currency, may be at odds with his most recent analysis. \n\n\n  In 2018, for instance, Thiel told CNBC  that he saw bitcoin as an excellent store of value, but not something that would likely be used for everyday transactions. \"I'm not talking about a new payments system,\" because transaction costs are too high, Thiel said. Rather, \"it's like bars of gold in a vault that never move, and it's a sort of hedge against the whole world going falling apart,\" he said. \n\n\n  Investors often liken bitcoin to gold, traditionally viewed as a hedge against inflation or a serious economic downturn, and some analysts have used  gold's current market capitalization as a means to calculate a price target for bitcoin over the long term. But conceiving of bitcoin as digital gold by definition means that it will not serve as a replacement for the dollar  as a medium for everyday transactions. \n\n\n  As for whether bitcoin threatens the U.S. dollar as the world's reserve currency, most economists are doubtful . \n\n\n  \"Investors can also easily access the U.S.'s deep and efficient capital markets, without worrying about capital controls\" he added. \"These factors are likely toremain the primary drivers of global reserve currency status.\" \n\n\n  Bitcoin does not share the traits listed above: it does not maintain a stable value and its fixed number of coins means that it can't keep up with an insatiable global demand for safe assets like the U.S. debt market can. Indeed, investor willingness to fund more than $21 trillion  in U.S. public debt, often at negative real interest rates, shows that the U.S. dollar continues to have massive appeal even as cryptocurrencies go mainstream. \n\n\n  Furthermore, China's actions over the past decade show that it is deeply skeptical of bitcoin and likely sees it as a threat to the power of the Chinese Communist Party. In 2017, the People's Bank of China and five other ministries banned financings using cryptocurrency, like initial coin offerings, and banned the exchange of fiat money for cryptocurrency, according to  Rain Xie of the Washington University School of Law. \n\n\n  She argued that a primary reason for this ban was China's strict capital controls, aimed at preventing wealth from leaving China for other countries. To maintain these controls while allowing cryptocurrency transactions, Chinese banks would have been required to undertake \"a technologically impossible mission of tracking and imposing limitations upon each encrypted, anonymous cryptocurrency transaction from every Chinese user.\" \n\n\n  Such a crackdown on private cryptocurrencies can hardly be seen as useful to promoting bitcoin as a competing reserve currency to the U.S. dollar. Instead, China has built it's own central bank digital currency, a digital yuan as a counterweight to popular digital payment platforms. \n\n\n  See also: Will China's new digital yuan threaten King Dollar's reign?  \n\n\n  \"A lot of financial activity in China is happening over platforms like AliPay and WeChat Pay, and the central bank and other regulators didn't have a lot of visibility into that activity and that's something the Chinese authorities don't like,\" Stephanie Segal, a senior fellow at the Center for Strategic and International Studies told MarketWatch on Tuesday . \n\n\n  Meanwhile, China's economy relies heavily on the forbearance of state-owned banks, which roll over nonperforming loans to avoid the disruptions of economically important institutions defaulting. \"That can be sustained as long as you have a constant funding source,\" in the form of consumer deposits, but a growing system of private money could undermine that, Segal said. \n\n\n  China may chafe at the geopolitical power bestowed on the U.S. government by the popularity of the dollar, but cryptocurrencies appear to be a greater threat to the Chinese Communist Party's hold on to power than to the dollar's status as the world's reserve currency. \n\n\n  -Chris Matthews; 415-439-6400; AskNewswires@dowjones.com \n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n  April 10, 2021 11:35 ET (15:35 GMT)\n\n\n  Copyright (c) 2021 Dow Jones & Company, Inc.","news_type":1},"isVote":1,"tweetType":1,"viewCount":144,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":377353359,"gmtCreate":1619499019771,"gmtModify":1704724970803,"author":{"id":"3575084008680468","authorId":"3575084008680468","name":"Hb_","avatar":"https://static.tigerbbs.com/2e6b4bec98a0dbb1567834e4f467227b","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575084008680468","authorIdStr":"3575084008680468"},"themes":[],"htmlText":"Lets Go NIO !!!!???","listText":"Lets Go NIO !!!!???","text":"Lets Go NIO !!!!???","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/377353359","repostId":"1144449904","repostType":4,"repost":{"id":"1144449904","kind":"news","pubTimestamp":1619486641,"share":"https://ttm.financial/m/news/1144449904?lang=&edition=fundamental","pubTime":"2021-04-27 09:24","market":"us","language":"en","title":"NIO Stock Is Suddenly on Fire. This Is Why.","url":"https://stock-news.laohu8.com/highlight/detail?id=1144449904","media":"Barrons","summary":"Stock in the Chinese electric-vehicle maker NIO has gone from down in the dumps to king of the hill, with seven straight days of gains. Technical factors, rather than developments that would affect earnings, appear to be behind the shift.NIO  stock was a can’t miss bet for months. Shares gained more than 1,100% in 2020, closing at around $49. They raced to almost $67 early this year, but stalled out and fell to less than $32 last month. New competition in China’s EV market, confusion over delive","content":"<p>Stock in the Chinese electric-vehicle maker NIO has gone from down in the dumps to king of the hill, with seven straight days of gains. Technical factors, rather than developments that would affect earnings, appear to be behind the shift.</p>\n<p>NIO (ticker: NIO) stock was a can’t miss bet for months. Shares gained more than 1,100% in 2020, closing at around $49. They raced to almost $67 early this year, but stalled out and fell to less than $32 last month. New competition in China’s EV market, confusion over deliveries during the Lunar New Year holiday, and the global shortage of semiconductors for use in cars all gave investors reasons to sell, or avoid buying. Higher interest rates also dinged valuations of high-growth stocks in February and March.</p>\n<p>But over the past week, investors are feeling much better. Shares closed 3.8% higher on Monday afternoon, while the&nbsp;S&amp;P 500&nbsp;and&nbsp;Dow Jones Industrial Average&nbsp;were roughly flat.</p>\n<p>That took the shares from less than $36 to almost $43, even though not much has changed in fundamental terms.</p>\n<p>The stock picked up one new Buy rating. That always helps. CLSA analyst Soobin Park launched coverage of the stock with a Buy and $50 price target. Two-thirds of analysts covering the company rate shares Buy. The&nbsp;average Buy rating ratio for stocks in the S&amp;P 500 is about 55%.</p>\n<p>Barron’s Ed Lin also pointed out&nbsp;Sunday that Munich Ergo Asset Management GmbH, which manages investments for reinsurance giant&nbsp;Munich Re,bought more shares of NIO stock in the first quarter. That vote of confidence may be lifting the stock as well.</p>\n<p>More important, though, NIO stock was oversold. The stock’s relative strength index, or RSI, which measures the speed and magnitude of price changes, was bouncing around 30 in early March, on a range from 0 and 100. A low reading of 30 means, for traders, that all the selling is done for the near term and that a stock might be due for a bounce.</p>\n<p>NIO stock has done exactly that. Now the RSI reading is back around 58, a little higher than the midpoint of 50, but not yet to the point where traders would start to target NIO shares as overbought.</p>\n<p>So far this year, NIO stock is down about 13% year to date, leaving it behind both the broader market and Tesla (TSLA) stock’s 4% gain. The next chapter of the stock’s story could begin on Thursday, when NIO reports its first-quarter financial results.</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>NIO Stock Is Suddenly on Fire. This Is Why.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNIO Stock Is Suddenly on Fire. This Is Why.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-27 09:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/nio-stock-is-suddenly-on-fire-this-is-why-51619467872?mod=RTA><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stock in the Chinese electric-vehicle maker NIO has gone from down in the dumps to king of the hill, with seven straight days of gains. Technical factors, rather than developments that would affect ...</p>\n\n<a href=\"https://www.barrons.com/articles/nio-stock-is-suddenly-on-fire-this-is-why-51619467872?mod=RTA\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"source_url":"https://www.barrons.com/articles/nio-stock-is-suddenly-on-fire-this-is-why-51619467872?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1144449904","content_text":"Stock in the Chinese electric-vehicle maker NIO has gone from down in the dumps to king of the hill, with seven straight days of gains. Technical factors, rather than developments that would affect earnings, appear to be behind the shift.\nNIO (ticker: NIO) stock was a can’t miss bet for months. Shares gained more than 1,100% in 2020, closing at around $49. They raced to almost $67 early this year, but stalled out and fell to less than $32 last month. New competition in China’s EV market, confusion over deliveries during the Lunar New Year holiday, and the global shortage of semiconductors for use in cars all gave investors reasons to sell, or avoid buying. Higher interest rates also dinged valuations of high-growth stocks in February and March.\nBut over the past week, investors are feeling much better. Shares closed 3.8% higher on Monday afternoon, while the S&P 500 and Dow Jones Industrial Average were roughly flat.\nThat took the shares from less than $36 to almost $43, even though not much has changed in fundamental terms.\nThe stock picked up one new Buy rating. That always helps. CLSA analyst Soobin Park launched coverage of the stock with a Buy and $50 price target. Two-thirds of analysts covering the company rate shares Buy. The average Buy rating ratio for stocks in the S&P 500 is about 55%.\nBarron’s Ed Lin also pointed out Sunday that Munich Ergo Asset Management GmbH, which manages investments for reinsurance giant Munich Re,bought more shares of NIO stock in the first quarter. That vote of confidence may be lifting the stock as well.\nMore important, though, NIO stock was oversold. The stock’s relative strength index, or RSI, which measures the speed and magnitude of price changes, was bouncing around 30 in early March, on a range from 0 and 100. A low reading of 30 means, for traders, that all the selling is done for the near term and that a stock might be due for a bounce.\nNIO stock has done exactly that. Now the RSI reading is back around 58, a little higher than the midpoint of 50, but not yet to the point where traders would start to target NIO shares as overbought.\nSo far this year, NIO stock is down about 13% year to date, leaving it behind both the broader market and Tesla (TSLA) stock’s 4% gain. The next chapter of the stock’s story could begin on Thursday, when NIO reports its first-quarter financial results.","news_type":1},"isVote":1,"tweetType":1,"viewCount":62,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":357848250,"gmtCreate":1617263701070,"gmtModify":1704697955023,"author":{"id":"3575084008680468","authorId":"3575084008680468","name":"Hb_","avatar":"https://static.tigerbbs.com/2e6b4bec98a0dbb1567834e4f467227b","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575084008680468","authorIdStr":"3575084008680468"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/357848250","repostId":"2124274569","repostType":4,"repost":{"id":"2124274569","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1617262740,"share":"https://ttm.financial/m/news/2124274569?lang=&edition=fundamental","pubTime":"2021-04-01 15:39","market":"hk","language":"en","title":"Cathie Wood's Ark Innovation 'ill-prepared to grapple with a major plot twist' in stock market, warns Morningstar analyst","url":"https://stock-news.laohu8.com/highlight/detail?id=2124274569","media":"Dow Jones","summary":"'But ARK's team of inexperienced analysts, go-with-your-gut risk management approach, and bloated as","content":"<p>'But ARK's team of inexperienced analysts, go-with-your-gut risk management approach, and bloated asset base raise doubts about whether this fund's outstanding historical results can continue,' says Morningstar's Greengold</p>\n<p>Cathie Wood's flagship Ark Innovation fund has had a rough March after a scintillating stretch for the once-highflying exchange-traded fund, but there may be more gut-wrenching volatility in store for ETF, according to at least <a href=\"https://laohu8.com/S/AONE\">one</a> analyst, who cautions investors.</p>\n<p>Morningstar's Robby Greengold has initiated the Ark Innovation ETF<a href=\"https://laohu8.com/S/ARKK\">$(ARKK)$</a> at a \"neutral\" rating but describes the potential pitfalls for Wood's popular ETF in unflattering terms in a Wednesday research report, describing the Ark Investment Management crew, as an \"inexperienced team\" with \"lax risk controls\" making the unit \"ill-prepared to grapple with a major plot twist.\"</p>\n<p>Greengold says that Ark Innovation's portfolio \"has become less liquid and more vulnerable to severe losses as its size has swelled.\"</p>\n<p>Indeed, the ETF has suffered a dizzying decline in recent weeks which has it down 23% from its recent peak put in on Feb. 15 at $156.58, FactSet data show, which meets the widely used definition for a bear market. The fund had managed around $23 billion near its peak.</p>\n<p>A big rise in bond yields, especially in notably the benchmark 10-year Treasury note yield , on the back of fears of the possibility of surging inflation, powered by a $1.9 trillion COVID fiscal package and potentially trillions more in infrastructure spending proposed by President Joe Biden, has raised hopes of a sharper rebound from the viral pandemic.</p>\n<p>That in turn has lifted benchmark borrowing costs, with the 10-year Treasury seeing its sharpest selloff in prices since 2016 , and commensurately its sharpest rally in yields.</p>\n<p>Higher borrowing costs have weighed on some of the speculative investment wagers that Wood's team has supported.</p>\n<p>Greengold says Ark Innovation's composition of smaller companies make it more vulnerable to higher bond yields. The Morningstar analyst puts it this way:</p>\n<p>The analyst adds:</p>\n<p>Wood and Ark Innovation have drawn outsize attention because the investor is seen as a disrupter in investing circles, with the flagship fund boasting a 174% gain, despite its recent slump.</p>\n<p>However, the risks and volatility associated with its heavy-technology investment strategy, which bullishly embraces electrric-vehicle companies like Tesla Inc.<a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> and digital assets like bitcoin , has begun to raise concerns as investors fret about the rising yields and shift out of pandemic highfliers to those companies that have been left behind and may perform better as the economy opens up.</p>\n<p>Wood kicked off ARK Investment about seven years ago and earned her way onto Barron's 100 Most Influential Women in U.S. Finance this year. But Morningstar seems to think the future pathway to gains for Wood's funds will be much tougher.</p>\n<p>Ark Innovation now stands down 3.4% so far in 2021, which puts it as a laggard against the almost 125-year old Dow Jones Industrial Average , up 8% and the S&amp;P 500 index which is up over 6% so far in 2021. The small-capitalization Russell 2000 index , meanwhile, filled with value-oriented companies, is up with over 13% in the year to date, while the growthy Nasdaq Composite Index boasts a mere 3.2% year-to-date return.</p>\n<p>In recent interviews , Wood has said that the broadening of the rally in stocks to value names and rising interest rates would create turbulence in the short-term but be good for the investment company over the longer term.</p>\n<p>A call to Ark Investment's office for comment wasn't immediately returned.</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>Cathie Wood's Ark Innovation 'ill-prepared to grapple with a major plot twist' in stock market, warns Morningstar analyst</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood's Ark Innovation 'ill-prepared to grapple with a major plot twist' in stock market, warns Morningstar analyst\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-04-01 15:39</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>'But ARK's team of inexperienced analysts, go-with-your-gut risk management approach, and bloated asset base raise doubts about whether this fund's outstanding historical results can continue,' says Morningstar's Greengold</p>\n<p>Cathie Wood's flagship Ark Innovation fund has had a rough March after a scintillating stretch for the once-highflying exchange-traded fund, but there may be more gut-wrenching volatility in store for ETF, according to at least <a href=\"https://laohu8.com/S/AONE\">one</a> analyst, who cautions investors.</p>\n<p>Morningstar's Robby Greengold has initiated the Ark Innovation ETF<a href=\"https://laohu8.com/S/ARKK\">$(ARKK)$</a> at a \"neutral\" rating but describes the potential pitfalls for Wood's popular ETF in unflattering terms in a Wednesday research report, describing the Ark Investment Management crew, as an \"inexperienced team\" with \"lax risk controls\" making the unit \"ill-prepared to grapple with a major plot twist.\"</p>\n<p>Greengold says that Ark Innovation's portfolio \"has become less liquid and more vulnerable to severe losses as its size has swelled.\"</p>\n<p>Indeed, the ETF has suffered a dizzying decline in recent weeks which has it down 23% from its recent peak put in on Feb. 15 at $156.58, FactSet data show, which meets the widely used definition for a bear market. The fund had managed around $23 billion near its peak.</p>\n<p>A big rise in bond yields, especially in notably the benchmark 10-year Treasury note yield , on the back of fears of the possibility of surging inflation, powered by a $1.9 trillion COVID fiscal package and potentially trillions more in infrastructure spending proposed by President Joe Biden, has raised hopes of a sharper rebound from the viral pandemic.</p>\n<p>That in turn has lifted benchmark borrowing costs, with the 10-year Treasury seeing its sharpest selloff in prices since 2016 , and commensurately its sharpest rally in yields.</p>\n<p>Higher borrowing costs have weighed on some of the speculative investment wagers that Wood's team has supported.</p>\n<p>Greengold says Ark Innovation's composition of smaller companies make it more vulnerable to higher bond yields. The Morningstar analyst puts it this way:</p>\n<p>The analyst adds:</p>\n<p>Wood and Ark Innovation have drawn outsize attention because the investor is seen as a disrupter in investing circles, with the flagship fund boasting a 174% gain, despite its recent slump.</p>\n<p>However, the risks and volatility associated with its heavy-technology investment strategy, which bullishly embraces electrric-vehicle companies like Tesla Inc.<a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> and digital assets like bitcoin , has begun to raise concerns as investors fret about the rising yields and shift out of pandemic highfliers to those companies that have been left behind and may perform better as the economy opens up.</p>\n<p>Wood kicked off ARK Investment about seven years ago and earned her way onto Barron's 100 Most Influential Women in U.S. Finance this year. But Morningstar seems to think the future pathway to gains for Wood's funds will be much tougher.</p>\n<p>Ark Innovation now stands down 3.4% so far in 2021, which puts it as a laggard against the almost 125-year old Dow Jones Industrial Average , up 8% and the S&amp;P 500 index which is up over 6% so far in 2021. The small-capitalization Russell 2000 index , meanwhile, filled with value-oriented companies, is up with over 13% in the year to date, while the growthy Nasdaq Composite Index boasts a mere 3.2% year-to-date return.</p>\n<p>In recent interviews , Wood has said that the broadening of the rally in stocks to value names and rising interest rates would create turbulence in the short-term but be good for the investment company over the longer term.</p>\n<p>A call to Ark Investment's office for comment wasn't immediately returned.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKK":"ARK Innovation ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2124274569","content_text":"'But ARK's team of inexperienced analysts, go-with-your-gut risk management approach, and bloated asset base raise doubts about whether this fund's outstanding historical results can continue,' says Morningstar's Greengold\nCathie Wood's flagship Ark Innovation fund has had a rough March after a scintillating stretch for the once-highflying exchange-traded fund, but there may be more gut-wrenching volatility in store for ETF, according to at least one analyst, who cautions investors.\nMorningstar's Robby Greengold has initiated the Ark Innovation ETF$(ARKK)$ at a \"neutral\" rating but describes the potential pitfalls for Wood's popular ETF in unflattering terms in a Wednesday research report, describing the Ark Investment Management crew, as an \"inexperienced team\" with \"lax risk controls\" making the unit \"ill-prepared to grapple with a major plot twist.\"\nGreengold says that Ark Innovation's portfolio \"has become less liquid and more vulnerable to severe losses as its size has swelled.\"\nIndeed, the ETF has suffered a dizzying decline in recent weeks which has it down 23% from its recent peak put in on Feb. 15 at $156.58, FactSet data show, which meets the widely used definition for a bear market. The fund had managed around $23 billion near its peak.\nA big rise in bond yields, especially in notably the benchmark 10-year Treasury note yield , on the back of fears of the possibility of surging inflation, powered by a $1.9 trillion COVID fiscal package and potentially trillions more in infrastructure spending proposed by President Joe Biden, has raised hopes of a sharper rebound from the viral pandemic.\nThat in turn has lifted benchmark borrowing costs, with the 10-year Treasury seeing its sharpest selloff in prices since 2016 , and commensurately its sharpest rally in yields.\nHigher borrowing costs have weighed on some of the speculative investment wagers that Wood's team has supported.\nGreengold says Ark Innovation's composition of smaller companies make it more vulnerable to higher bond yields. The Morningstar analyst puts it this way:\nThe analyst adds:\nWood and Ark Innovation have drawn outsize attention because the investor is seen as a disrupter in investing circles, with the flagship fund boasting a 174% gain, despite its recent slump.\nHowever, the risks and volatility associated with its heavy-technology investment strategy, which bullishly embraces electrric-vehicle companies like Tesla Inc.$(TSLA)$ and digital assets like bitcoin , has begun to raise concerns as investors fret about the rising yields and shift out of pandemic highfliers to those companies that have been left behind and may perform better as the economy opens up.\nWood kicked off ARK Investment about seven years ago and earned her way onto Barron's 100 Most Influential Women in U.S. Finance this year. But Morningstar seems to think the future pathway to gains for Wood's funds will be much tougher.\nArk Innovation now stands down 3.4% so far in 2021, which puts it as a laggard against the almost 125-year old Dow Jones Industrial Average , up 8% and the S&P 500 index which is up over 6% so far in 2021. The small-capitalization Russell 2000 index , meanwhile, filled with value-oriented companies, is up with over 13% in the year to date, while the growthy Nasdaq Composite Index boasts a mere 3.2% year-to-date return.\nIn recent interviews , Wood has said that the broadening of the rally in stocks to value names and rising interest rates would create turbulence in the short-term but be good for the investment company over the longer term.\nA call to Ark Investment's office for comment wasn't immediately returned.","news_type":1},"isVote":1,"tweetType":1,"viewCount":81,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":882591720,"gmtCreate":1631704014460,"gmtModify":1676530613107,"author":{"id":"3575084008680468","authorId":"3575084008680468","name":"Hb_","avatar":"https://static.tigerbbs.com/2e6b4bec98a0dbb1567834e4f467227b","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575084008680468","authorIdStr":"3575084008680468"},"themes":[],"htmlText":"W","listText":"W","text":"W","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/882591720","repostId":"1148341685","repostType":4,"isVote":1,"tweetType":1,"viewCount":554,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":813199613,"gmtCreate":1630144164332,"gmtModify":1676530234472,"author":{"id":"3575084008680468","authorId":"3575084008680468","name":"Hb_","avatar":"https://static.tigerbbs.com/2e6b4bec98a0dbb1567834e4f467227b","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575084008680468","authorIdStr":"3575084008680468"},"themes":[],"htmlText":"E","listText":"E","text":"E","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/813199613","repostId":"2162733980","repostType":4,"repost":{"id":"2162733980","kind":"news","pubTimestamp":1630112394,"share":"https://ttm.financial/m/news/2162733980?lang=&edition=fundamental","pubTime":"2021-08-28 08:59","market":"us","language":"en","title":"Morgan Stanley Bought $240M Shares Of Grayscale Bitcoin Trust","url":"https://stock-news.laohu8.com/highlight/detail?id=2162733980","media":"Benzinga","summary":"What Happened: Investment banking giant Morgan Stanley (NYSE: MS) is now the second-largest sharehol","content":"<p><b>What Happened: </b>Investment banking giant <b><a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> </b>(NYSE: MS) is now the second-largest shareholder of the <b>Grayscale Bitcoin Trust </b>(OTCMKTS:&nbsp;GBTC) after ARK Investment Management.</p>\n<p>According to recent SEC filings, Morgan Stanley owns over 6.5 million shares of GBTC worth over $240 million at the time of writing.</p>\n<p>Cathie Wood’s ARK Invest funds currently own 9 million shares worth $350 million.</p>\n<p>Morgan Stanley’s GBTC holdings are spread out across a series of funds, of which the Morgan Stanley Insight Fund holds close to 1 million shares.</p>\n<p>The purchases over the past few months also demonstrate how significantly Morgan Stanley has increased its exposure to the leading digital asset.</p>\n<p>At the end of June, the firm reported holding 28,000 shares of GBTC worth around $800,000 at the time.</p>\n<p><b>What Else:</b> The Grayscale Bitcoin Trust itself holds over $31.24 billion of <b>Bitcoin </b>(CRYPTO: BTC) according to a recent update of its assets under management.</p>\n<p>The digital asset management firm had an overall AUM of over $43 billion at the time of writing, of which nearly $10 billion is held in the <b>Grayscale Ethereum Trust </b>(OTCMKTS:&nbsp;ETHE).</p>\n<p>Earlier this year, Grayscale revealed that it was 100% committed to converting its Bitcoin trust, which is currently the largest in the world, into an Exchange Traded Fund (ETF).</p>\n<p><b>Price Action:</b> At press time, GBTC shares was trading $39.15, up 3.52%. Bitcoin was up 3.66% over the past 24-hours, trading at a price of $48,976.</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>Morgan Stanley Bought $240M Shares Of Grayscale Bitcoin Trust</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\">\nMorgan Stanley Bought $240M Shares Of Grayscale Bitcoin Trust\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-28 08:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/morgan-stanley-bought-240m-shares-211654020.html><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What Happened: Investment banking giant Morgan Stanley (NYSE: MS) is now the second-largest shareholder of the Grayscale Bitcoin Trust (OTCMKTS: GBTC) after ARK Investment Management.\nAccording to ...</p>\n\n<a href=\"https://finance.yahoo.com/news/morgan-stanley-bought-240m-shares-211654020.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MS":"摩根士丹利"},"source_url":"https://finance.yahoo.com/news/morgan-stanley-bought-240m-shares-211654020.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2162733980","content_text":"What Happened: Investment banking giant Morgan Stanley (NYSE: MS) is now the second-largest shareholder of the Grayscale Bitcoin Trust (OTCMKTS: GBTC) after ARK Investment Management.\nAccording to recent SEC filings, Morgan Stanley owns over 6.5 million shares of GBTC worth over $240 million at the time of writing.\nCathie Wood’s ARK Invest funds currently own 9 million shares worth $350 million.\nMorgan Stanley’s GBTC holdings are spread out across a series of funds, of which the Morgan Stanley Insight Fund holds close to 1 million shares.\nThe purchases over the past few months also demonstrate how significantly Morgan Stanley has increased its exposure to the leading digital asset.\nAt the end of June, the firm reported holding 28,000 shares of GBTC worth around $800,000 at the time.\nWhat Else: The Grayscale Bitcoin Trust itself holds over $31.24 billion of Bitcoin (CRYPTO: BTC) according to a recent update of its assets under management.\nThe digital asset management firm had an overall AUM of over $43 billion at the time of writing, of which nearly $10 billion is held in the Grayscale Ethereum Trust (OTCMKTS: ETHE).\nEarlier this year, Grayscale revealed that it was 100% committed to converting its Bitcoin trust, which is currently the largest in the world, into an Exchange Traded Fund (ETF).\nPrice Action: At press time, GBTC shares was trading $39.15, up 3.52%. Bitcoin was up 3.66% over the past 24-hours, trading at a price of $48,976.","news_type":1},"isVote":1,"tweetType":1,"viewCount":219,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":837844117,"gmtCreate":1629878647939,"gmtModify":1676530159927,"author":{"id":"3575084008680468","authorId":"3575084008680468","name":"Hb_","avatar":"https://static.tigerbbs.com/2e6b4bec98a0dbb1567834e4f467227b","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575084008680468","authorIdStr":"3575084008680468"},"themes":[],"htmlText":"W","listText":"W","text":"W","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/837844117","repostId":"1125218103","repostType":4,"repost":{"id":"1125218103","kind":"news","pubTimestamp":1629876200,"share":"https://ttm.financial/m/news/1125218103?lang=&edition=fundamental","pubTime":"2021-08-25 15:23","market":"us","language":"en","title":"This Might Be the Most Important Metric If You Own Apple Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1125218103","media":"Barrons","summary":"Back in April, Goldman Sachs analyst Rod Hall backed away from his long-term bearish stance on Apple","content":"<p>Back in April, Goldman Sachs analyst Rod Hall backed away from his long-term bearish stance on Apple shares, raising his rating to Hold from Sell, and conceding that his previous view that iPhone sales would disappoint during the pandemic was “clearly wrong.” He also conceded at the time that both Mac and iPad sales had materially outperformed his forecasts.</p>\n<p>But Hall still has some concerns about the outlook for Apple (ticker: AAPL), as reflected in his $140 target price, about $10 below the recent price. For one thing, he thinks Street estimates for next year are simply too high. Hall projects revenue for the September 2021 fiscal year of $371.7 billion, about $5 billion above the Street consensus, and up 35% from fiscal 2020. But he sees fiscal 2022 revenue falling 4% to $356.5 billion, a projection $23 billion below the Street consensus at $379.5 billion.</p>\n<p>Hall provided some insights on this thinking in a new research note on Tuesday, with a particular focus on Apple’s ability to drive up average revenue per user. Hall writes that his broad view of Apple has been that stable revenue per user combined with “maximized” global user penetration is likely to result in slowing overall revenue growth, a view reflected in his fiscal 2022 forecast.</p>\n<p>But he noted that Covid provided multiple boosts to Apple’s ARPU, which he estimates will increase 21% over the two-year period through the end of 2021. (That reflects his estimate of 19% growth in ARPU in calendar 2021, after 2% growth in 2020.) The impressive growth stems from both surging&nbsp;iPhone, Mac, iPad and Wearables revenue, as well as strong services revenue, due in part to accelerated downloads from the App Store.</p>\n<p>But he sees that pattern reversing as spending patterns return to normal over time as the pandemic ebbs.</p>\n<p>Hall concedes that it is hard to predict Apple user behavior in the short run. Covid has created some tough comps for Apple, driven by pull-forward in hardware demand, above-average App Store spending and a demonstrated preference for high-end versions of the iPhone and other hardware. He also says investors need to factor in high levels of consumer savings and the increasing value of Apple’s products, as well as more flexible work and study behavior. But he nonetheless thinks that in the long run, Apple will either need to drive up ARPU or accelerate subscriber growth trends to keep revenue growth above GDP growth.</p>\n<p>For calendar 2022, Hall sees average revenue per user dropping about 12% on a year-over-year basis – due in large part to an expected moderation of hardware sales. He projects iPhone revenue will fall 12% in 2022, following 37% growth in 2021, with units down 3% and average selling prices down 9%. He sees 2022 revenue declines of 9% in Macs and 8% in iPads. And he sees services revenue growth moderating to 6%, from 24% growth in 2021, with a recovery in ad spending partially offsetting tough comparisons for the App Store.</p>\n<p>Hall also makes the case that investors would be better off looking at ARPU trends than trying to discern unit volumes, particularly given the company has not actually provided product unit data since the end of fiscal 2018. He thinks given the lack of hard data on units, “the data sources many investors rely on to forecast Apple’s revenue over time have become less accurate.”</p>\n<p>Apple shares are down a few pennies on Tuesday at $149.62, about $2 below their all-time intraday high at $151.68.</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>This Might Be the Most Important Metric If You Own Apple Stock</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 Might Be the Most Important Metric If You Own Apple Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-25 15:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/apple-stock-price-arpu-51629835473?mod=hp_DAY_Theme_1_1><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Back in April, Goldman Sachs analyst Rod Hall backed away from his long-term bearish stance on Apple shares, raising his rating to Hold from Sell, and conceding that his previous view that iPhone ...</p>\n\n<a href=\"https://www.barrons.com/articles/apple-stock-price-arpu-51629835473?mod=hp_DAY_Theme_1_1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.barrons.com/articles/apple-stock-price-arpu-51629835473?mod=hp_DAY_Theme_1_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1125218103","content_text":"Back in April, Goldman Sachs analyst Rod Hall backed away from his long-term bearish stance on Apple shares, raising his rating to Hold from Sell, and conceding that his previous view that iPhone sales would disappoint during the pandemic was “clearly wrong.” He also conceded at the time that both Mac and iPad sales had materially outperformed his forecasts.\nBut Hall still has some concerns about the outlook for Apple (ticker: AAPL), as reflected in his $140 target price, about $10 below the recent price. For one thing, he thinks Street estimates for next year are simply too high. Hall projects revenue for the September 2021 fiscal year of $371.7 billion, about $5 billion above the Street consensus, and up 35% from fiscal 2020. But he sees fiscal 2022 revenue falling 4% to $356.5 billion, a projection $23 billion below the Street consensus at $379.5 billion.\nHall provided some insights on this thinking in a new research note on Tuesday, with a particular focus on Apple’s ability to drive up average revenue per user. Hall writes that his broad view of Apple has been that stable revenue per user combined with “maximized” global user penetration is likely to result in slowing overall revenue growth, a view reflected in his fiscal 2022 forecast.\nBut he noted that Covid provided multiple boosts to Apple’s ARPU, which he estimates will increase 21% over the two-year period through the end of 2021. (That reflects his estimate of 19% growth in ARPU in calendar 2021, after 2% growth in 2020.) The impressive growth stems from both surging iPhone, Mac, iPad and Wearables revenue, as well as strong services revenue, due in part to accelerated downloads from the App Store.\nBut he sees that pattern reversing as spending patterns return to normal over time as the pandemic ebbs.\nHall concedes that it is hard to predict Apple user behavior in the short run. Covid has created some tough comps for Apple, driven by pull-forward in hardware demand, above-average App Store spending and a demonstrated preference for high-end versions of the iPhone and other hardware. He also says investors need to factor in high levels of consumer savings and the increasing value of Apple’s products, as well as more flexible work and study behavior. But he nonetheless thinks that in the long run, Apple will either need to drive up ARPU or accelerate subscriber growth trends to keep revenue growth above GDP growth.\nFor calendar 2022, Hall sees average revenue per user dropping about 12% on a year-over-year basis – due in large part to an expected moderation of hardware sales. He projects iPhone revenue will fall 12% in 2022, following 37% growth in 2021, with units down 3% and average selling prices down 9%. He sees 2022 revenue declines of 9% in Macs and 8% in iPads. And he sees services revenue growth moderating to 6%, from 24% growth in 2021, with a recovery in ad spending partially offsetting tough comparisons for the App Store.\nHall also makes the case that investors would be better off looking at ARPU trends than trying to discern unit volumes, particularly given the company has not actually provided product unit data since the end of fiscal 2018. He thinks given the lack of hard data on units, “the data sources many investors rely on to forecast Apple’s revenue over time have become less accurate.”\nApple shares are down a few pennies on Tuesday at $149.62, about $2 below their all-time intraday high at $151.68.","news_type":1},"isVote":1,"tweetType":1,"viewCount":442,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":805204511,"gmtCreate":1627880883933,"gmtModify":1703497103791,"author":{"id":"3575084008680468","authorId":"3575084008680468","name":"Hb_","avatar":"https://static.tigerbbs.com/2e6b4bec98a0dbb1567834e4f467227b","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575084008680468","authorIdStr":"3575084008680468"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/805204511","repostId":"1138315390","repostType":4,"isVote":1,"tweetType":1,"viewCount":181,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}