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2021-09-24

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Sterling Check opens for trading at $27.1, up about 18% from IPO price

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Technology</b></p>\n<p>New York-based Sterling was founded to develop a full suite of background screening, verifications and ongoing monitoring services for businesses.</p>\n<p>Management is headed by Chief Executive Officer Joshua Peirez, who has been with the firm since July 2018 and was previously president and COO of Dun &amp; Bradstreet and held senior roles at Mastercard prior to that.</p>\n<p>The company’s primary offering categories include:</p>\n<ul>\n <li><p>Identity verification</p></li>\n <li><p>Background screening</p></li>\n <li><p>Credential verifications</p></li>\n <li><p>Onboarding</p></li>\n <li><p>Ongoing monitoring</p></li>\n</ul>\n<p>Sterling has received at least $775 million in equity investment from investors including Goldman Sachs and The Greenblatt Trusts.</p>\n<p><b>Customer Acquisition</b></p>\n<p>The firm pursues large clients through a direct sales team approach organized by industry vertical and region.</p>\n<p>For the 12 months ended June 30, 2021, the firm's platform performed over 75 million searches for over 40,000 clients.</p>\n<p>Selling, G&amp;A expenses as a percentage of total revenue have dropped as revenues have fluctuated, as the figures below indicate:</p>\n<table>\n <colgroup></colgroup>\n <tbody>\n  <tr>\n   <td><p><b>Selling, G&amp;A</b></p></td>\n   <td><p><b>Expenses vs. Revenue</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Period</p></td>\n   <td><p>Percentage</p></td>\n  </tr>\n  <tr>\n   <td><p>Six Mos. Ended June 30, 2021</p></td>\n   <td><p>22.8%</p></td>\n  </tr>\n  <tr>\n   <td><p>2020</p></td>\n   <td><p>27.0%</p></td>\n  </tr>\n  <tr>\n   <td><p>2019</p></td>\n   <td><p>29.6%</p></td>\n  </tr>\n </tbody>\n</table>\n<p>(Source)</p>\n<p>The Selling, G&amp;A efficiency rate, defined as how many dollars of additional new revenue are generated by each dollar of Selling, G&amp;A spend, rebounded to 1.3x in the most recent reporting period, as shown in the table below:</p>\n<table>\n <colgroup></colgroup>\n <tbody>\n  <tr>\n   <td><p><b>Selling, G&amp;A</b></p></td>\n   <td><p><b>Efficiency Rate</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Period</p></td>\n   <td><p>Multiple</p></td>\n  </tr>\n  <tr>\n   <td><p>Six Mos. Ended June 30, 2021</p></td>\n   <td><p>1.3</p></td>\n  </tr>\n  <tr>\n   <td><p>2020</p></td>\n   <td><p>-0.4</p></td>\n  </tr>\n </tbody>\n</table>\n<p>(Source)</p>\n<p>The Rule of 40 is a software industry rule of thumb that says that as long as the combined revenue growth rate and EBITDA percentage rate equal or exceed 40%, the firm is on an acceptable growth/EBITDA trajectory.</p>\n<p>STER’s most recent calculation was 51% for the six months ended June 30, 2021, so the firm has performed well in this regard, per the table below:</p>\n<table>\n <colgroup></colgroup>\n <tbody>\n  <tr>\n   <td><p><b>Rule of 40</b></p></td>\n   <td><p><b>Calculation</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Recent Rev. Growth %</p></td>\n   <td><p>44%</p></td>\n  </tr>\n  <tr>\n   <td><p>EBITDA %</p></td>\n   <td><p>8%</p></td>\n  </tr>\n  <tr>\n   <td><p>Total</p></td>\n   <td><p>51%</p></td>\n  </tr>\n </tbody>\n</table>\n<p>(Source)</p>\n<p><b>Market &amp; Competition</b></p>\n<p>According to a 2021 marketresearch reportby The Insight Partners, the global employment screening market, one of the firm's focus areas, was an estimated $4.2 billion in 2020 and is forecast to reach $6.4 billion by 2028.</p>\n<p>This represents a forecast CAGR of 5.5% from 2021 to 2028.</p>\n<p>The main drivers for this expected growth are increased populations in urban areas resulting in greater job opportunities and employee demand and a growing incidence of application fraud or inflation.</p>\n<p>Also, the number of applicants for each job opening has increased along with a larger number of contract, temporary and 'gig economy' workers.</p>\n<p>Major competitive or other industry participants include:</p>\n<ul>\n <li><p>First Advantage</p></li>\n <li><p>HireRight</p></li>\n <li><p>Accurate Background</p></li>\n <li><p>ADP</p></li>\n <li><p>Cisive</p></li>\n <li><p>Checkr</p></li>\n <li><p>DISA</p></li>\n <li><p>Triton</p></li>\n <li><p>Other smaller players</p></li>\n</ul>\n<p><b>Financial Performance</b></p>\n<p>Sterling’s recent financial results can be summarized as follows:</p>\n<ul>\n <li><p>Rebounding topline revenue growth</p></li>\n <li><p>Variable gross profit growth</p></li>\n <li><p>Slightly reduced gross margin</p></li>\n <li><p>A swing to operating profit and net income</p></li>\n <li><p>Growing cash flow from operations in 2021</p></li>\n</ul>\n<p>Below are relevant financial results derived from the firm’s registration statement:</p>\n<table>\n <colgroup></colgroup>\n <tbody>\n  <tr>\n   <td><p><b>Total Revenue</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Period</p></td>\n   <td><p>Total Revenue</p></td>\n   <td><p>% Variance vs. Prior</p></td>\n  </tr>\n  <tr>\n   <td><p>Six Mos. Ended June 30, 2021</p></td>\n   <td><p>$ 298,698,000</p></td>\n   <td><p>43.6%</p></td>\n  </tr>\n  <tr>\n   <td><p>2020</p></td>\n   <td><p>$ 454,053,000</p></td>\n   <td><p>-8.7%</p></td>\n  </tr>\n  <tr>\n   <td><p>2019</p></td>\n   <td><p>$ 497,116,000</p></td>\n  </tr>\n  <tr></tr>\n  <tr>\n   <td><p><b>Gross Profit (Loss)</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Period</p></td>\n   <td><p>Gross Profit (Loss)</p></td>\n   <td><p>% Variance vs. Prior</p></td>\n  </tr>\n  <tr>\n   <td><p>Six Mos. Ended June 30, 2021</p></td>\n   <td><p>$ 155,539,000</p></td>\n   <td><p>41.9%</p></td>\n  </tr>\n  <tr>\n   <td><p>2020</p></td>\n   <td><p>$ 236,743,000</p></td>\n   <td><p>-14.2%</p></td>\n  </tr>\n  <tr>\n   <td><p>2019</p></td>\n   <td><p>$ 275,769,000</p></td>\n  </tr>\n  <tr></tr>\n  <tr>\n   <td><p><b>Gross Margin</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Period</p></td>\n   <td><p>Gross Margin</p></td>\n  </tr>\n  <tr>\n   <td><p>Six Mos. Ended June 30, 2021</p></td>\n   <td><p>52.07%</p></td>\n  </tr>\n  <tr>\n   <td><p>2020</p></td>\n   <td><p>52.14%</p></td>\n  </tr>\n  <tr>\n   <td><p>2019</p></td>\n   <td><p>55.47%</p></td>\n  </tr>\n  <tr></tr>\n  <tr>\n   <td><p><b>Operating Profit (Loss)</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Period</p></td>\n   <td><p>Operating Profit (Loss)</p></td>\n   <td><p>Operating Margin</p></td>\n  </tr>\n  <tr>\n   <td><p>Six Mos. Ended June 30, 2021</p></td>\n   <td><p>$ 23,204,000</p></td>\n   <td><p>7.8%</p></td>\n  </tr>\n  <tr>\n   <td><p>2020</p></td>\n   <td><p>$ (23,103,000)</p></td>\n   <td><p>-5.1%</p></td>\n  </tr>\n  <tr>\n   <td><p>2019</p></td>\n   <td><p>$ (13,374,000)</p></td>\n   <td><p>-2.7%</p></td>\n  </tr>\n  <tr></tr>\n  <tr>\n   <td><p><b>Net Income (Loss)</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Period</p></td>\n   <td><p>Net Income (Loss)</p></td>\n  </tr>\n  <tr>\n   <td><p>Six Mos. Ended June 30, 2021</p></td>\n   <td><p>$ 4,025,000</p></td>\n  </tr>\n  <tr>\n   <td><p>2020</p></td>\n   <td><p>$ (52,293,000)</p></td>\n  </tr>\n  <tr>\n   <td><p>2019</p></td>\n   <td><p>$ (46,682,000)</p></td>\n  </tr>\n  <tr></tr>\n  <tr>\n   <td><p><b>Cash Flow From Operations</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Period</p></td>\n   <td><p>Cash Flow From Operations</p></td>\n  </tr>\n  <tr>\n   <td><p>Six Mos. Ended June 30, 2021</p></td>\n   <td><p>$ 45,290,000</p></td>\n  </tr>\n  <tr>\n   <td><p>2020</p></td>\n   <td><p>$ 36,185,000</p></td>\n  </tr>\n  <tr>\n   <td><p>2019</p></td>\n   <td><p>$ 36,204,000</p></td>\n  </tr>\n  <tr></tr>\n  <tr>\n   <td><p>(Glossary Of Terms)</p></td>\n  </tr>\n </tbody>\n</table>\n<p>(Source)</p>\n<p>As of June 30, 2021, Sterling had $94.3 million in cash and $744.8 million in total liabilities.</p>\n<p>Free cash flow during the twelve months ended June 30, 2021, was $45 million.</p>\n<p><b>IPO Details</b></p>\n<p>STER intends to sell 4.76 million shares and selling shareholders will offer 9.525 million shares of common stock at a proposed midpoint price of $21.00 per share for gross proceeds of approximately $300 million, not including the sale of customary underwriter options.</p>\n<p>No existing shareholders have indicated an interest to purchase shares at the IPO price.</p>\n<p>Assuming a successful IPO at the midpoint of the proposed price range, the company’s enterprise value at IPO (ex- underwriter options) would approximate $2.4 billion.</p>\n<p>Excluding effects of underwriter options and private placement shares or restricted stock, if any, the float to outstanding shares ratio will be approximately 15.2%. A figure under 10% is generally considered a ‘low float’ stock which can be subject to significant price volatility.</p>\n<p>Per the firm’s most recent regulatory filing, it plans to use the net proceeds as follows:</p>\n<blockquote>\n We currently intend to use the net proceeds to us from this offering, together with cash on hand, to repay approximately $100.0 million outstanding under our Term loan. We intend to use the remainder, if any, of the net proceeds to us from this offering for general corporate purposes.\n</blockquote>\n<p>Management’s presentation of the company roadshow isavailable here.</p>\n<p>Regarding outstanding legal proceedings, management said the firm is not a party to any legal proceedings that it believes would be material to its operations or financial condition.</p>\n<p>Listed bookrunners of the IPO are Goldman Sachs, J.P. Morgan, Morgan Stanley and other investment banks.</p>\n<p><b>Valuation Metrics</b></p>\n<p>Below is a table of the firm’s relevant capitalization and valuation metrics at IPO, excluding the effects of underwriter options:</p>\n<table>\n <colgroup></colgroup>\n <tbody>\n  <tr>\n   <td><p><b>Measure [TTM]</b></p></td>\n   <td><p><b>Amount</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Market Capitalization at IPO</p></td>\n   <td><p>$1,973,227,914</p></td>\n  </tr>\n  <tr>\n   <td><p>Enterprise Value</p></td>\n   <td><p>$2,401,254,914</p></td>\n  </tr>\n  <tr>\n   <td><p>Price / Sales</p></td>\n   <td><p>3.62</p></td>\n  </tr>\n  <tr>\n   <td><p>EV / Revenue</p></td>\n   <td><p>4.41</p></td>\n  </tr>\n  <tr>\n   <td><p>EV / EBITDA</p></td>\n   <td><p>122.06</p></td>\n  </tr>\n  <tr>\n   <td><p>Earnings Per Share</p></td>\n   <td><p>-$0.08</p></td>\n  </tr>\n  <tr>\n   <td><p>Float To Outstanding Shares Ratio</p></td>\n   <td><p>15.20%</p></td>\n  </tr>\n  <tr>\n   <td><p>Proposed IPO Midpoint Price per Share</p></td>\n   <td><p>$21.00</p></td>\n  </tr>\n  <tr>\n   <td><p>Net Free Cash Flow</p></td>\n   <td><p>$44,998,000</p></td>\n  </tr>\n  <tr>\n   <td><p>Free Cash Flow Yield Per Share</p></td>\n   <td><p>2.28%</p></td>\n  </tr>\n  <tr>\n   <td><p>Revenue Growth Rate</p></td>\n   <td><p>43.64%</p></td>\n  </tr>\n  <tr>\n   <td><p>(Glossary Of Terms)</p></td>\n  </tr>\n </tbody>\n</table>\n<p>(Source)</p>\n<p>As a reference, a potential public comparable would be First Advantage(NASDAQ:FA); shown below is a comparison of their primary valuation metrics:</p>\n<table>\n <colgroup></colgroup>\n <tbody>\n  <tr>\n   <td><p><b>Metric</b></p></td>\n   <td><p><b>First Advantage</b></p></td>\n   <td><p><b>Sterling Check</b></p></td>\n   <td><p><b>Variance</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Price / Sales</p></td>\n   <td><p>5.76</p></td>\n   <td><p>3.62</p></td>\n   <td><p>-37.1%</p></td>\n  </tr>\n  <tr>\n   <td><p>EV / Revenue</p></td>\n   <td><p>6.53</p></td>\n   <td><p>4.41</p></td>\n   <td><p>-32.5%</p></td>\n  </tr>\n  <tr>\n   <td><p>EV / EBITDA</p></td>\n   <td><p>23.41</p></td>\n   <td><p>122.06</p></td>\n   <td><p>421.4%</p></td>\n  </tr>\n  <tr>\n   <td><p>Earnings Per Share</p></td>\n   <td><p>$0.04</p></td>\n   <td><p>-$0.08</p></td>\n   <td><p>-293.0%</p></td>\n  </tr>\n  <tr>\n   <td><p>Revenue Growth Rate</p></td>\n   <td><p>19.2%</p></td>\n   <td><p>43.64%</p></td>\n   <td><p>127.89%</p></td>\n  </tr>\n  <tr>\n   <td><p>(Glossary Of Terms)</p></td>\n  </tr>\n </tbody>\n</table>\n<p>(S-1/AandSeeking Alpha)</p>\n<p><b>Commentary</b></p>\n<p>STER is going public to obtain investment to pay down some of its debt and for its corporate expansion initiatives.</p>\n<p>The firm’s financials show rebounding topline revenue growth, uneven gross profit growth, a swing to operating profit and net income and growing cash flow from operations in 2021.</p>\n<p>Free cash flow for the twelve months ended June 30, 2021, was an impressive $45 million.</p>\n<p>Selling, G&amp;A expenses as a percentage of total revenue have trended lower as revenue has varied and its Selling, G&amp;A efficiency rate rebounded to 1.3x in the most recent six-month reporting period.</p>\n<p>The market opportunity for providing background checks and related services is large and expected to grow at a moderate CAGR Of 5.5% in the coming years, although the continued transition to a decentralized workforce may increase demand a bit above this estimate.</p>\n<p>Goldman Sachs is the lead left underwriter and IPOs led by the firm over the last 12-month period have generated an average return of 37.3% since their IPO. This is a mid-tier performance for all major underwriters during the period.</p>\n<p>The general business cycle - when companies hire fewer workers during down economic periods, demand for the company’s services will decline.</p>\n<p>While Sterling is not immune to the ups and downs of the business cycle and potential future pandemic variant effects on economic activity, the firm has rebounded impressively and appears positioned to compete in a growing market.</p>\n<p>As for valuation, compared to First Advantage, which went public earlier in 2021 and performed since its debut, STER appears reasonably valued on a revenue multiple basis as the firm is growing revenue at a faster rate. STER is nearing EPS breakeven.</p>\n<p>Given the company’s strong rebound after the 2020 pandemic period and reasonable IPO valuation, the IPO is worth a close look.</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>Sterling Check opens for trading at $27.1, up about 18% from IPO price</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\">\nSterling Check opens for trading at $27.1, up about 18% from IPO price\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\">2021-09-23 23:59</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(Sept 23)&nbsp;<a href=\"https://laohu8.com/S/STER\">Sterling Check Corp.</a> opens for trading at $27.1, up about 18% from IPO price.</p>\n<p><img src=\"https://static.tigerbbs.com/cc3f51dd719989f02bf56c538ce17c72\" tg-width=\"904\" tg-height=\"560\" referrerpolicy=\"no-referrer\"><b>Company &amp; Technology</b></p>\n<p>New York-based Sterling was founded to develop a full suite of background screening, verifications and ongoing monitoring services for businesses.</p>\n<p>Management is headed by Chief Executive Officer Joshua Peirez, who has been with the firm since July 2018 and was previously president and COO of Dun &amp; Bradstreet and held senior roles at Mastercard prior to that.</p>\n<p>The company’s primary offering categories include:</p>\n<ul>\n <li><p>Identity verification</p></li>\n <li><p>Background screening</p></li>\n <li><p>Credential verifications</p></li>\n <li><p>Onboarding</p></li>\n <li><p>Ongoing monitoring</p></li>\n</ul>\n<p>Sterling has received at least $775 million in equity investment from investors including Goldman Sachs and The Greenblatt Trusts.</p>\n<p><b>Customer Acquisition</b></p>\n<p>The firm pursues large clients through a direct sales team approach organized by industry vertical and region.</p>\n<p>For the 12 months ended June 30, 2021, the firm's platform performed over 75 million searches for over 40,000 clients.</p>\n<p>Selling, G&amp;A expenses as a percentage of total revenue have dropped as revenues have fluctuated, as the figures below indicate:</p>\n<table>\n <colgroup></colgroup>\n <tbody>\n  <tr>\n   <td><p><b>Selling, G&amp;A</b></p></td>\n   <td><p><b>Expenses vs. Revenue</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Period</p></td>\n   <td><p>Percentage</p></td>\n  </tr>\n  <tr>\n   <td><p>Six Mos. Ended June 30, 2021</p></td>\n   <td><p>22.8%</p></td>\n  </tr>\n  <tr>\n   <td><p>2020</p></td>\n   <td><p>27.0%</p></td>\n  </tr>\n  <tr>\n   <td><p>2019</p></td>\n   <td><p>29.6%</p></td>\n  </tr>\n </tbody>\n</table>\n<p>(Source)</p>\n<p>The Selling, G&amp;A efficiency rate, defined as how many dollars of additional new revenue are generated by each dollar of Selling, G&amp;A spend, rebounded to 1.3x in the most recent reporting period, as shown in the table below:</p>\n<table>\n <colgroup></colgroup>\n <tbody>\n  <tr>\n   <td><p><b>Selling, G&amp;A</b></p></td>\n   <td><p><b>Efficiency Rate</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Period</p></td>\n   <td><p>Multiple</p></td>\n  </tr>\n  <tr>\n   <td><p>Six Mos. Ended June 30, 2021</p></td>\n   <td><p>1.3</p></td>\n  </tr>\n  <tr>\n   <td><p>2020</p></td>\n   <td><p>-0.4</p></td>\n  </tr>\n </tbody>\n</table>\n<p>(Source)</p>\n<p>The Rule of 40 is a software industry rule of thumb that says that as long as the combined revenue growth rate and EBITDA percentage rate equal or exceed 40%, the firm is on an acceptable growth/EBITDA trajectory.</p>\n<p>STER’s most recent calculation was 51% for the six months ended June 30, 2021, so the firm has performed well in this regard, per the table below:</p>\n<table>\n <colgroup></colgroup>\n <tbody>\n  <tr>\n   <td><p><b>Rule of 40</b></p></td>\n   <td><p><b>Calculation</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Recent Rev. Growth %</p></td>\n   <td><p>44%</p></td>\n  </tr>\n  <tr>\n   <td><p>EBITDA %</p></td>\n   <td><p>8%</p></td>\n  </tr>\n  <tr>\n   <td><p>Total</p></td>\n   <td><p>51%</p></td>\n  </tr>\n </tbody>\n</table>\n<p>(Source)</p>\n<p><b>Market &amp; Competition</b></p>\n<p>According to a 2021 marketresearch reportby The Insight Partners, the global employment screening market, one of the firm's focus areas, was an estimated $4.2 billion in 2020 and is forecast to reach $6.4 billion by 2028.</p>\n<p>This represents a forecast CAGR of 5.5% from 2021 to 2028.</p>\n<p>The main drivers for this expected growth are increased populations in urban areas resulting in greater job opportunities and employee demand and a growing incidence of application fraud or inflation.</p>\n<p>Also, the number of applicants for each job opening has increased along with a larger number of contract, temporary and 'gig economy' workers.</p>\n<p>Major competitive or other industry participants include:</p>\n<ul>\n <li><p>First Advantage</p></li>\n <li><p>HireRight</p></li>\n <li><p>Accurate Background</p></li>\n <li><p>ADP</p></li>\n <li><p>Cisive</p></li>\n <li><p>Checkr</p></li>\n <li><p>DISA</p></li>\n <li><p>Triton</p></li>\n <li><p>Other smaller players</p></li>\n</ul>\n<p><b>Financial Performance</b></p>\n<p>Sterling’s recent financial results can be summarized as follows:</p>\n<ul>\n <li><p>Rebounding topline revenue growth</p></li>\n <li><p>Variable gross profit growth</p></li>\n <li><p>Slightly reduced gross margin</p></li>\n <li><p>A swing to operating profit and net income</p></li>\n <li><p>Growing cash flow from operations in 2021</p></li>\n</ul>\n<p>Below are relevant financial results derived from the firm’s registration statement:</p>\n<table>\n <colgroup></colgroup>\n <tbody>\n  <tr>\n   <td><p><b>Total Revenue</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Period</p></td>\n   <td><p>Total Revenue</p></td>\n   <td><p>% Variance vs. Prior</p></td>\n  </tr>\n  <tr>\n   <td><p>Six Mos. Ended June 30, 2021</p></td>\n   <td><p>$ 298,698,000</p></td>\n   <td><p>43.6%</p></td>\n  </tr>\n  <tr>\n   <td><p>2020</p></td>\n   <td><p>$ 454,053,000</p></td>\n   <td><p>-8.7%</p></td>\n  </tr>\n  <tr>\n   <td><p>2019</p></td>\n   <td><p>$ 497,116,000</p></td>\n  </tr>\n  <tr></tr>\n  <tr>\n   <td><p><b>Gross Profit (Loss)</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Period</p></td>\n   <td><p>Gross Profit (Loss)</p></td>\n   <td><p>% Variance vs. Prior</p></td>\n  </tr>\n  <tr>\n   <td><p>Six Mos. Ended June 30, 2021</p></td>\n   <td><p>$ 155,539,000</p></td>\n   <td><p>41.9%</p></td>\n  </tr>\n  <tr>\n   <td><p>2020</p></td>\n   <td><p>$ 236,743,000</p></td>\n   <td><p>-14.2%</p></td>\n  </tr>\n  <tr>\n   <td><p>2019</p></td>\n   <td><p>$ 275,769,000</p></td>\n  </tr>\n  <tr></tr>\n  <tr>\n   <td><p><b>Gross Margin</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Period</p></td>\n   <td><p>Gross Margin</p></td>\n  </tr>\n  <tr>\n   <td><p>Six Mos. Ended June 30, 2021</p></td>\n   <td><p>52.07%</p></td>\n  </tr>\n  <tr>\n   <td><p>2020</p></td>\n   <td><p>52.14%</p></td>\n  </tr>\n  <tr>\n   <td><p>2019</p></td>\n   <td><p>55.47%</p></td>\n  </tr>\n  <tr></tr>\n  <tr>\n   <td><p><b>Operating Profit (Loss)</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Period</p></td>\n   <td><p>Operating Profit (Loss)</p></td>\n   <td><p>Operating Margin</p></td>\n  </tr>\n  <tr>\n   <td><p>Six Mos. Ended June 30, 2021</p></td>\n   <td><p>$ 23,204,000</p></td>\n   <td><p>7.8%</p></td>\n  </tr>\n  <tr>\n   <td><p>2020</p></td>\n   <td><p>$ (23,103,000)</p></td>\n   <td><p>-5.1%</p></td>\n  </tr>\n  <tr>\n   <td><p>2019</p></td>\n   <td><p>$ (13,374,000)</p></td>\n   <td><p>-2.7%</p></td>\n  </tr>\n  <tr></tr>\n  <tr>\n   <td><p><b>Net Income (Loss)</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Period</p></td>\n   <td><p>Net Income (Loss)</p></td>\n  </tr>\n  <tr>\n   <td><p>Six Mos. Ended June 30, 2021</p></td>\n   <td><p>$ 4,025,000</p></td>\n  </tr>\n  <tr>\n   <td><p>2020</p></td>\n   <td><p>$ (52,293,000)</p></td>\n  </tr>\n  <tr>\n   <td><p>2019</p></td>\n   <td><p>$ (46,682,000)</p></td>\n  </tr>\n  <tr></tr>\n  <tr>\n   <td><p><b>Cash Flow From Operations</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Period</p></td>\n   <td><p>Cash Flow From Operations</p></td>\n  </tr>\n  <tr>\n   <td><p>Six Mos. Ended June 30, 2021</p></td>\n   <td><p>$ 45,290,000</p></td>\n  </tr>\n  <tr>\n   <td><p>2020</p></td>\n   <td><p>$ 36,185,000</p></td>\n  </tr>\n  <tr>\n   <td><p>2019</p></td>\n   <td><p>$ 36,204,000</p></td>\n  </tr>\n  <tr></tr>\n  <tr>\n   <td><p>(Glossary Of Terms)</p></td>\n  </tr>\n </tbody>\n</table>\n<p>(Source)</p>\n<p>As of June 30, 2021, Sterling had $94.3 million in cash and $744.8 million in total liabilities.</p>\n<p>Free cash flow during the twelve months ended June 30, 2021, was $45 million.</p>\n<p><b>IPO Details</b></p>\n<p>STER intends to sell 4.76 million shares and selling shareholders will offer 9.525 million shares of common stock at a proposed midpoint price of $21.00 per share for gross proceeds of approximately $300 million, not including the sale of customary underwriter options.</p>\n<p>No existing shareholders have indicated an interest to purchase shares at the IPO price.</p>\n<p>Assuming a successful IPO at the midpoint of the proposed price range, the company’s enterprise value at IPO (ex- underwriter options) would approximate $2.4 billion.</p>\n<p>Excluding effects of underwriter options and private placement shares or restricted stock, if any, the float to outstanding shares ratio will be approximately 15.2%. A figure under 10% is generally considered a ‘low float’ stock which can be subject to significant price volatility.</p>\n<p>Per the firm’s most recent regulatory filing, it plans to use the net proceeds as follows:</p>\n<blockquote>\n We currently intend to use the net proceeds to us from this offering, together with cash on hand, to repay approximately $100.0 million outstanding under our Term loan. We intend to use the remainder, if any, of the net proceeds to us from this offering for general corporate purposes.\n</blockquote>\n<p>Management’s presentation of the company roadshow isavailable here.</p>\n<p>Regarding outstanding legal proceedings, management said the firm is not a party to any legal proceedings that it believes would be material to its operations or financial condition.</p>\n<p>Listed bookrunners of the IPO are Goldman Sachs, J.P. Morgan, Morgan Stanley and other investment banks.</p>\n<p><b>Valuation Metrics</b></p>\n<p>Below is a table of the firm’s relevant capitalization and valuation metrics at IPO, excluding the effects of underwriter options:</p>\n<table>\n <colgroup></colgroup>\n <tbody>\n  <tr>\n   <td><p><b>Measure [TTM]</b></p></td>\n   <td><p><b>Amount</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Market Capitalization at IPO</p></td>\n   <td><p>$1,973,227,914</p></td>\n  </tr>\n  <tr>\n   <td><p>Enterprise Value</p></td>\n   <td><p>$2,401,254,914</p></td>\n  </tr>\n  <tr>\n   <td><p>Price / Sales</p></td>\n   <td><p>3.62</p></td>\n  </tr>\n  <tr>\n   <td><p>EV / Revenue</p></td>\n   <td><p>4.41</p></td>\n  </tr>\n  <tr>\n   <td><p>EV / EBITDA</p></td>\n   <td><p>122.06</p></td>\n  </tr>\n  <tr>\n   <td><p>Earnings Per Share</p></td>\n   <td><p>-$0.08</p></td>\n  </tr>\n  <tr>\n   <td><p>Float To Outstanding Shares Ratio</p></td>\n   <td><p>15.20%</p></td>\n  </tr>\n  <tr>\n   <td><p>Proposed IPO Midpoint Price per Share</p></td>\n   <td><p>$21.00</p></td>\n  </tr>\n  <tr>\n   <td><p>Net Free Cash Flow</p></td>\n   <td><p>$44,998,000</p></td>\n  </tr>\n  <tr>\n   <td><p>Free Cash Flow Yield Per Share</p></td>\n   <td><p>2.28%</p></td>\n  </tr>\n  <tr>\n   <td><p>Revenue Growth Rate</p></td>\n   <td><p>43.64%</p></td>\n  </tr>\n  <tr>\n   <td><p>(Glossary Of Terms)</p></td>\n  </tr>\n </tbody>\n</table>\n<p>(Source)</p>\n<p>As a reference, a potential public comparable would be First Advantage(NASDAQ:FA); shown below is a comparison of their primary valuation metrics:</p>\n<table>\n <colgroup></colgroup>\n <tbody>\n  <tr>\n   <td><p><b>Metric</b></p></td>\n   <td><p><b>First Advantage</b></p></td>\n   <td><p><b>Sterling Check</b></p></td>\n   <td><p><b>Variance</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Price / Sales</p></td>\n   <td><p>5.76</p></td>\n   <td><p>3.62</p></td>\n   <td><p>-37.1%</p></td>\n  </tr>\n  <tr>\n   <td><p>EV / Revenue</p></td>\n   <td><p>6.53</p></td>\n   <td><p>4.41</p></td>\n   <td><p>-32.5%</p></td>\n  </tr>\n  <tr>\n   <td><p>EV / EBITDA</p></td>\n   <td><p>23.41</p></td>\n   <td><p>122.06</p></td>\n   <td><p>421.4%</p></td>\n  </tr>\n  <tr>\n   <td><p>Earnings Per Share</p></td>\n   <td><p>$0.04</p></td>\n   <td><p>-$0.08</p></td>\n   <td><p>-293.0%</p></td>\n  </tr>\n  <tr>\n   <td><p>Revenue Growth Rate</p></td>\n   <td><p>19.2%</p></td>\n   <td><p>43.64%</p></td>\n   <td><p>127.89%</p></td>\n  </tr>\n  <tr>\n   <td><p>(Glossary Of Terms)</p></td>\n  </tr>\n </tbody>\n</table>\n<p>(S-1/AandSeeking Alpha)</p>\n<p><b>Commentary</b></p>\n<p>STER is going public to obtain investment to pay down some of its debt and for its corporate expansion initiatives.</p>\n<p>The firm’s financials show rebounding topline revenue growth, uneven gross profit growth, a swing to operating profit and net income and growing cash flow from operations in 2021.</p>\n<p>Free cash flow for the twelve months ended June 30, 2021, was an impressive $45 million.</p>\n<p>Selling, G&amp;A expenses as a percentage of total revenue have trended lower as revenue has varied and its Selling, G&amp;A efficiency rate rebounded to 1.3x in the most recent six-month reporting period.</p>\n<p>The market opportunity for providing background checks and related services is large and expected to grow at a moderate CAGR Of 5.5% in the coming years, although the continued transition to a decentralized workforce may increase demand a bit above this estimate.</p>\n<p>Goldman Sachs is the lead left underwriter and IPOs led by the firm over the last 12-month period have generated an average return of 37.3% since their IPO. This is a mid-tier performance for all major underwriters during the period.</p>\n<p>The general business cycle - when companies hire fewer workers during down economic periods, demand for the company’s services will decline.</p>\n<p>While Sterling is not immune to the ups and downs of the business cycle and potential future pandemic variant effects on economic activity, the firm has rebounded impressively and appears positioned to compete in a growing market.</p>\n<p>As for valuation, compared to First Advantage, which went public earlier in 2021 and performed since its debut, STER appears reasonably valued on a revenue multiple basis as the firm is growing revenue at a faster rate. STER is nearing EPS breakeven.</p>\n<p>Given the company’s strong rebound after the 2020 pandemic period and reasonable IPO valuation, the IPO is worth a close look.</p>\n<p></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STER":"Sterling Check Corp."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148130438","content_text":"(Sept 23) Sterling Check Corp. opens for trading at $27.1, up about 18% from IPO price.\nCompany & Technology\nNew York-based Sterling was founded to develop a full suite of background screening, verifications and ongoing monitoring services for businesses.\nManagement is headed by Chief Executive Officer Joshua Peirez, who has been with the firm since July 2018 and was previously president and COO of Dun & Bradstreet and held senior roles at Mastercard prior to that.\nThe company’s primary offering categories include:\n\nIdentity verification\nBackground screening\nCredential verifications\nOnboarding\nOngoing monitoring\n\nSterling has received at least $775 million in equity investment from investors including Goldman Sachs and The Greenblatt Trusts.\nCustomer Acquisition\nThe firm pursues large clients through a direct sales team approach organized by industry vertical and region.\nFor the 12 months ended June 30, 2021, the firm's platform performed over 75 million searches for over 40,000 clients.\nSelling, G&A expenses as a percentage of total revenue have dropped as revenues have fluctuated, as the figures below indicate:\n\n\n\n\nSelling, G&A\nExpenses vs. Revenue\n\n\nPeriod\nPercentage\n\n\nSix Mos. Ended June 30, 2021\n22.8%\n\n\n2020\n27.0%\n\n\n2019\n29.6%\n\n\n\n(Source)\nThe Selling, G&A efficiency rate, defined as how many dollars of additional new revenue are generated by each dollar of Selling, G&A spend, rebounded to 1.3x in the most recent reporting period, as shown in the table below:\n\n\n\n\nSelling, G&A\nEfficiency Rate\n\n\nPeriod\nMultiple\n\n\nSix Mos. Ended June 30, 2021\n1.3\n\n\n2020\n-0.4\n\n\n\n(Source)\nThe Rule of 40 is a software industry rule of thumb that says that as long as the combined revenue growth rate and EBITDA percentage rate equal or exceed 40%, the firm is on an acceptable growth/EBITDA trajectory.\nSTER’s most recent calculation was 51% for the six months ended June 30, 2021, so the firm has performed well in this regard, per the table below:\n\n\n\n\nRule of 40\nCalculation\n\n\nRecent Rev. Growth %\n44%\n\n\nEBITDA %\n8%\n\n\nTotal\n51%\n\n\n\n(Source)\nMarket & Competition\nAccording to a 2021 marketresearch reportby The Insight Partners, the global employment screening market, one of the firm's focus areas, was an estimated $4.2 billion in 2020 and is forecast to reach $6.4 billion by 2028.\nThis represents a forecast CAGR of 5.5% from 2021 to 2028.\nThe main drivers for this expected growth are increased populations in urban areas resulting in greater job opportunities and employee demand and a growing incidence of application fraud or inflation.\nAlso, the number of applicants for each job opening has increased along with a larger number of contract, temporary and 'gig economy' workers.\nMajor competitive or other industry participants include:\n\nFirst Advantage\nHireRight\nAccurate Background\nADP\nCisive\nCheckr\nDISA\nTriton\nOther smaller players\n\nFinancial Performance\nSterling’s recent financial results can be summarized as follows:\n\nRebounding topline revenue growth\nVariable gross profit growth\nSlightly reduced gross margin\nA swing to operating profit and net income\nGrowing cash flow from operations in 2021\n\nBelow are relevant financial results derived from the firm’s registration statement:\n\n\n\n\nTotal Revenue\n\n\nPeriod\nTotal Revenue\n% Variance vs. Prior\n\n\nSix Mos. Ended June 30, 2021\n$ 298,698,000\n43.6%\n\n\n2020\n$ 454,053,000\n-8.7%\n\n\n2019\n$ 497,116,000\n\n\n\nGross Profit (Loss)\n\n\nPeriod\nGross Profit (Loss)\n% Variance vs. Prior\n\n\nSix Mos. Ended June 30, 2021\n$ 155,539,000\n41.9%\n\n\n2020\n$ 236,743,000\n-14.2%\n\n\n2019\n$ 275,769,000\n\n\n\nGross Margin\n\n\nPeriod\nGross Margin\n\n\nSix Mos. Ended June 30, 2021\n52.07%\n\n\n2020\n52.14%\n\n\n2019\n55.47%\n\n\n\nOperating Profit (Loss)\n\n\nPeriod\nOperating Profit (Loss)\nOperating Margin\n\n\nSix Mos. Ended June 30, 2021\n$ 23,204,000\n7.8%\n\n\n2020\n$ (23,103,000)\n-5.1%\n\n\n2019\n$ (13,374,000)\n-2.7%\n\n\n\nNet Income (Loss)\n\n\nPeriod\nNet Income (Loss)\n\n\nSix Mos. Ended June 30, 2021\n$ 4,025,000\n\n\n2020\n$ (52,293,000)\n\n\n2019\n$ (46,682,000)\n\n\n\nCash Flow From Operations\n\n\nPeriod\nCash Flow From Operations\n\n\nSix Mos. Ended June 30, 2021\n$ 45,290,000\n\n\n2020\n$ 36,185,000\n\n\n2019\n$ 36,204,000\n\n\n\n(Glossary Of Terms)\n\n\n\n(Source)\nAs of June 30, 2021, Sterling had $94.3 million in cash and $744.8 million in total liabilities.\nFree cash flow during the twelve months ended June 30, 2021, was $45 million.\nIPO Details\nSTER intends to sell 4.76 million shares and selling shareholders will offer 9.525 million shares of common stock at a proposed midpoint price of $21.00 per share for gross proceeds of approximately $300 million, not including the sale of customary underwriter options.\nNo existing shareholders have indicated an interest to purchase shares at the IPO price.\nAssuming a successful IPO at the midpoint of the proposed price range, the company’s enterprise value at IPO (ex- underwriter options) would approximate $2.4 billion.\nExcluding effects of underwriter options and private placement shares or restricted stock, if any, the float to outstanding shares ratio will be approximately 15.2%. A figure under 10% is generally considered a ‘low float’ stock which can be subject to significant price volatility.\nPer the firm’s most recent regulatory filing, it plans to use the net proceeds as follows:\n\n We currently intend to use the net proceeds to us from this offering, together with cash on hand, to repay approximately $100.0 million outstanding under our Term loan. We intend to use the remainder, if any, of the net proceeds to us from this offering for general corporate purposes.\n\nManagement’s presentation of the company roadshow isavailable here.\nRegarding outstanding legal proceedings, management said the firm is not a party to any legal proceedings that it believes would be material to its operations or financial condition.\nListed bookrunners of the IPO are Goldman Sachs, J.P. Morgan, Morgan Stanley and other investment banks.\nValuation Metrics\nBelow is a table of the firm’s relevant capitalization and valuation metrics at IPO, excluding the effects of underwriter options:\n\n\n\n\nMeasure [TTM]\nAmount\n\n\nMarket Capitalization at IPO\n$1,973,227,914\n\n\nEnterprise Value\n$2,401,254,914\n\n\nPrice / Sales\n3.62\n\n\nEV / Revenue\n4.41\n\n\nEV / EBITDA\n122.06\n\n\nEarnings Per Share\n-$0.08\n\n\nFloat To Outstanding Shares Ratio\n15.20%\n\n\nProposed IPO Midpoint Price per Share\n$21.00\n\n\nNet Free Cash Flow\n$44,998,000\n\n\nFree Cash Flow Yield Per Share\n2.28%\n\n\nRevenue Growth Rate\n43.64%\n\n\n(Glossary Of Terms)\n\n\n\n(Source)\nAs a reference, a potential public comparable would be First Advantage(NASDAQ:FA); shown below is a comparison of their primary valuation metrics:\n\n\n\n\nMetric\nFirst Advantage\nSterling Check\nVariance\n\n\nPrice / Sales\n5.76\n3.62\n-37.1%\n\n\nEV / Revenue\n6.53\n4.41\n-32.5%\n\n\nEV / EBITDA\n23.41\n122.06\n421.4%\n\n\nEarnings Per Share\n$0.04\n-$0.08\n-293.0%\n\n\nRevenue Growth Rate\n19.2%\n43.64%\n127.89%\n\n\n(Glossary Of Terms)\n\n\n\n(S-1/AandSeeking Alpha)\nCommentary\nSTER is going public to obtain investment to pay down some of its debt and for its corporate expansion initiatives.\nThe firm’s financials show rebounding topline revenue growth, uneven gross profit growth, a swing to operating profit and net income and growing cash flow from operations in 2021.\nFree cash flow for the twelve months ended June 30, 2021, was an impressive $45 million.\nSelling, G&A expenses as a percentage of total revenue have trended lower as revenue has varied and its Selling, G&A efficiency rate rebounded to 1.3x in the most recent six-month reporting period.\nThe market opportunity for providing background checks and related services is large and expected to grow at a moderate CAGR Of 5.5% in the coming years, although the continued transition to a decentralized workforce may increase demand a bit above this estimate.\nGoldman Sachs is the lead left underwriter and IPOs led by the firm over the last 12-month period have generated an average return of 37.3% since their IPO. This is a mid-tier performance for all major underwriters during the period.\nThe general business cycle - when companies hire fewer workers during down economic periods, demand for the company’s services will decline.\nWhile Sterling is not immune to the ups and downs of the business cycle and potential future pandemic variant effects on economic activity, the firm has rebounded impressively and appears positioned to compete in a growing market.\nAs for valuation, compared to First Advantage, which went public earlier in 2021 and performed since its debut, STER appears reasonably valued on a revenue multiple basis as the firm is growing revenue at a faster rate. STER is nearing EPS breakeven.\nGiven the company’s strong rebound after the 2020 pandemic period and reasonable IPO valuation, the IPO is worth a close look.","news_type":1},"isVote":1,"tweetType":1,"viewCount":162,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":863868688,"gmtCreate":1632374812744,"gmtModify":1676530767037,"author":{"id":"3577917241557928","authorId":"3577917241557928","name":"Andtendo","avatar":"https://static.tigerbbs.com/a36b92c865704901397ab4e190d5ad8a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like please :)","listText":"Like please :)","text":"Like please :)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/863868688","repostId":"1159294582","repostType":4,"repost":{"id":"1159294582","pubTimestamp":1632374184,"share":"https://www.laohu8.com/m/news/1159294582?lang=&edition=full","pubTime":"2021-09-23 13:16","market":"us","language":"en","title":"Goldman Sachs: Here’s How Oil Prices Could Reach $90 This Winter","url":"https://stock-news.laohu8.com/highlight/detail?id=1159294582","media":"finance.yahoo","summary":"Brent could reach $90 per barrel if the weather in the northern hemisphere turns out to be colder th","content":"<p>Brent could reach $90 per barrel if the weather in the northern hemisphere turns out to be colder than normal this winter, Goldman Sachs’ Jeff Currie said on Wednesday, according to Bloomberg.</p>\n<p>This is $10 per barrel more than Goldman’s current forecast.</p>\n<p>The call for higher&nbsp;oil prices&nbsp;would come on top of the already too-high natural gas prices, which have sunk some&nbsp;natural gas power providers&nbsp;in Europe.</p>\n<p>The natural gas situation in Europe will have a spillover effect on the oil market, with natural gas in short supply and crude oil one of the only viable alternatives as wind and solar power prove insufficient at this time.</p>\n<p>On Tuesday, commodity trader Vitol said that weather was the key to stopping the panic that currently exists in the market—with warmer winter weather the only hope for falling prices.</p>\n<p>Unfortunately for power consumers and utilities that are already under the gun, but perhaps conveniently for OPEC and the oil industry in general, The Farmers’ Almanac is predicting a frosty flip-flop winter in the United States, with lots of whipsawing, with wintery weather spilling over into the end of March.</p>\n<p>But a colder winter in Europe in Asia will have a profound effect on natural gas and oil demand. Earlier this week, Goldman Sachs predicted that a colder winter could lead to 900,000 bpd in additional oil demand.</p>\n<p>Meanwhile,oil prices&nbsp;were trading roughly 2% on Wednesday, with WTI trading at $71.93 per barrel, and Brent crude trading at $85.83 per barrel—up $1.47 on the day. The price rise comes as crude oil inventories continue to draw down in the United States.</p>\n<p>Dwindling inventories and projections for increased demand could add to today’s bullish sentiment for crude.</p>","source":"lsy1612507957220","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>Goldman Sachs: Here’s How Oil Prices Could Reach $90 This Winter</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\">\nGoldman Sachs: Here’s How Oil Prices Could Reach $90 This Winter\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-23 13:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/goldman-sachs-oil-prices-could-174500809.html><strong>finance.yahoo</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Brent could reach $90 per barrel if the weather in the northern hemisphere turns out to be colder than normal this winter, Goldman Sachs’ Jeff Currie said on Wednesday, according to Bloomberg.\nThis is...</p>\n\n<a href=\"https://finance.yahoo.com/news/goldman-sachs-oil-prices-could-174500809.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XOM":"埃克森美孚"},"source_url":"https://finance.yahoo.com/news/goldman-sachs-oil-prices-could-174500809.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1159294582","content_text":"Brent could reach $90 per barrel if the weather in the northern hemisphere turns out to be colder than normal this winter, Goldman Sachs’ Jeff Currie said on Wednesday, according to Bloomberg.\nThis is $10 per barrel more than Goldman’s current forecast.\nThe call for higher oil prices would come on top of the already too-high natural gas prices, which have sunk some natural gas power providers in Europe.\nThe natural gas situation in Europe will have a spillover effect on the oil market, with natural gas in short supply and crude oil one of the only viable alternatives as wind and solar power prove insufficient at this time.\nOn Tuesday, commodity trader Vitol said that weather was the key to stopping the panic that currently exists in the market—with warmer winter weather the only hope for falling prices.\nUnfortunately for power consumers and utilities that are already under the gun, but perhaps conveniently for OPEC and the oil industry in general, The Farmers’ Almanac is predicting a frosty flip-flop winter in the United States, with lots of whipsawing, with wintery weather spilling over into the end of March.\nBut a colder winter in Europe in Asia will have a profound effect on natural gas and oil demand. Earlier this week, Goldman Sachs predicted that a colder winter could lead to 900,000 bpd in additional oil demand.\nMeanwhile,oil prices were trading roughly 2% on Wednesday, with WTI trading at $71.93 per barrel, and Brent crude trading at $85.83 per barrel—up $1.47 on the day. The price rise comes as crude oil inventories continue to draw down in the United States.\nDwindling inventories and projections for increased demand could add to today’s bullish sentiment for crude.","news_type":1},"isVote":1,"tweetType":1,"viewCount":96,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":869349094,"gmtCreate":1632262645418,"gmtModify":1676530735212,"author":{"id":"3577917241557928","authorId":"3577917241557928","name":"Andtendo","avatar":"https://static.tigerbbs.com/a36b92c865704901397ab4e190d5ad8a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/869349094","repostId":"1184803643","repostType":4,"repost":{"id":"1184803643","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":1632235583,"share":"https://www.laohu8.com/m/news/1184803643?lang=&edition=full","pubTime":"2021-09-21 22:46","market":"us","language":"en","title":"Upstart jumped nearly 7% and reached record high","url":"https://stock-news.laohu8.com/highlight/detail?id=1184803643","media":"Tiger Newspress","summary":"(Sept 21) Upstart Holdings, Inc. jumped nearly 7% and reached record high. WSFS Bank Launches Digita","content":"<p>(Sept 21)&nbsp;<b><a href=\"https://laohu8.com/S/UPST\">Upstart Holdings, Inc.</a> </b>jumped nearly 7% and reached record high.&nbsp;WSFS Bank Launches Digital Personal Loans Platform, Powered by Upstart.</p>\n<p><img src=\"https://static.tigerbbs.com/5986d21fffee8df850035daa0be678b7\" tg-width=\"1184\" tg-height=\"584\" referrerpolicy=\"no-referrer\"></p>\n<p>WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), today announced it has launched a digital personal loans product powered by Upstart, (NASDAQ: UPST), a leading artificial intelligence (AI) lending platform. WSFS’s partnership with Upstart expands the Bank’spersonal loan offeringsto a wider, more inclusive Customer base while diversifying its business and creating more digital-friendly Customer experiences.</p>\n<p>“WSFS Bank is excited to partner with Upstart, combining their leading technology with our nearly 200 years of experience as a service-oriented, locally-managed bank, to deliver a fast, easy experience to reach and serve our Customers wherever they are,\" said Jim Wechsler, Senior Vice President, Chief Retail Lending Officer at WSFS Bank. “With Upstart’s platform, we’re continuing our Delivery Transformation, an investment in our technology and delivery systems to meet the evolving needs of our Customers. Through this partnership, we’re providing a more affordable personal loan solution that meets the unique needs of our diverse communities across the Greater Philadelphia and Delaware region.”</p>\n<p>“We’re excited that WSFS Bank has chosen to partner with Upstart to serve the banking needs of its communities,” said Michael Lock, SVP of Lending Partnerships for Upstart. “Through our partnership, WSFS Bank is now able to reach and approve more creditworthy borrowers while delivering a seamless, digital experience on its own banking website.”</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>Upstart jumped nearly 7% and reached record high</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\">\nUpstart jumped nearly 7% and reached record high\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\">2021-09-21 22:46</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(Sept 21)&nbsp;<b><a href=\"https://laohu8.com/S/UPST\">Upstart Holdings, Inc.</a> </b>jumped nearly 7% and reached record high.&nbsp;WSFS Bank Launches Digital Personal Loans Platform, Powered by Upstart.</p>\n<p><img src=\"https://static.tigerbbs.com/5986d21fffee8df850035daa0be678b7\" tg-width=\"1184\" tg-height=\"584\" referrerpolicy=\"no-referrer\"></p>\n<p>WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), today announced it has launched a digital personal loans product powered by Upstart, (NASDAQ: UPST), a leading artificial intelligence (AI) lending platform. WSFS’s partnership with Upstart expands the Bank’spersonal loan offeringsto a wider, more inclusive Customer base while diversifying its business and creating more digital-friendly Customer experiences.</p>\n<p>“WSFS Bank is excited to partner with Upstart, combining their leading technology with our nearly 200 years of experience as a service-oriented, locally-managed bank, to deliver a fast, easy experience to reach and serve our Customers wherever they are,\" said Jim Wechsler, Senior Vice President, Chief Retail Lending Officer at WSFS Bank. “With Upstart’s platform, we’re continuing our Delivery Transformation, an investment in our technology and delivery systems to meet the evolving needs of our Customers. Through this partnership, we’re providing a more affordable personal loan solution that meets the unique needs of our diverse communities across the Greater Philadelphia and Delaware region.”</p>\n<p>“We’re excited that WSFS Bank has chosen to partner with Upstart to serve the banking needs of its communities,” said Michael Lock, SVP of Lending Partnerships for Upstart. “Through our partnership, WSFS Bank is now able to reach and approve more creditworthy borrowers while delivering a seamless, digital experience on its own banking website.”</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DLR":"数字房地产信托公司"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184803643","content_text":"(Sept 21) Upstart Holdings, Inc. jumped nearly 7% and reached record high. WSFS Bank Launches Digital Personal Loans Platform, Powered by Upstart.\n\nWSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), today announced it has launched a digital personal loans product powered by Upstart, (NASDAQ: UPST), a leading artificial intelligence (AI) lending platform. WSFS’s partnership with Upstart expands the Bank’spersonal loan offeringsto a wider, more inclusive Customer base while diversifying its business and creating more digital-friendly Customer experiences.\n“WSFS Bank is excited to partner with Upstart, combining their leading technology with our nearly 200 years of experience as a service-oriented, locally-managed bank, to deliver a fast, easy experience to reach and serve our Customers wherever they are,\" said Jim Wechsler, Senior Vice President, Chief Retail Lending Officer at WSFS Bank. “With Upstart’s platform, we’re continuing our Delivery Transformation, an investment in our technology and delivery systems to meet the evolving needs of our Customers. Through this partnership, we’re providing a more affordable personal loan solution that meets the unique needs of our diverse communities across the Greater Philadelphia and Delaware region.”\n“We’re excited that WSFS Bank has chosen to partner with Upstart to serve the banking needs of its communities,” said Michael Lock, SVP of Lending Partnerships for Upstart. “Through our partnership, WSFS Bank is now able to reach and approve more creditworthy borrowers while delivering a seamless, digital experience on its own banking website.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":160,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":887435682,"gmtCreate":1632092236346,"gmtModify":1676530696845,"author":{"id":"3577917241557928","authorId":"3577917241557928","name":"Andtendo","avatar":"https://static.tigerbbs.com/a36b92c865704901397ab4e190d5ad8a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/887435682","repostId":"1194891884","repostType":4,"repost":{"id":"1194891884","pubTimestamp":1632091615,"share":"https://www.laohu8.com/m/news/1194891884?lang=&edition=full","pubTime":"2021-09-20 06:46","market":"us","language":"en","title":"Nike, Costco, FedEx, Salesforce, and Other Stocks for Investors to Watch This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=1194891884","media":"Barrons","summary":"The main event this week will be the Federal Reserve’s September policy meeting. Investors will also","content":"<p>The main event this week will be the Federal Reserve’s September policy meeting. Investors will also be watching for several corporate earnings releases, investor days, and the latest economic data.</p>\n<p>Lennar reports quarterly earnings on Monday, followed by results from Adobe, AutoZone, and FedEx on Tuesday. General Mills goes on Wednesday, then Nike, Accenture, Costco Wholesale, and Darden Restaurants report&nbsp;on Thursday. Investor days this week include&nbsp;Biogen on Tuesday,&nbsp;Weyerhaeuser on Wednesday, and&nbsp;Salesforce.com on Thursday.</p>\n<p>The Federal Reserve’s monetary policy committee meets on Tuesday and Wednesday this week. The central bank is unlikely&nbsp;to change its target interest rate range, but could give an update on its plans to begin reducing its monthly asset purchases. Wednesday afternoon’s&nbsp;press conference with Fed chair Jerome Powell will be closely&nbsp;watched.</p>\n<p>Economic data out this week include the Conference Board’s Leading Economic Index for August on Thursday. There will also be several updates on the U.S. housing market including the National Association of Home Builders’ Housing Market Index for September on Monday, the Census Bureau’s new residential construction data for August on Tuesday, and the National Association of Realtors’&nbsp;existing-home sales for August on Wednesday.</p>\n<p><b>Monday 9/20</b></p>\n<p>Lennar reports third-quarter fiscal-2021 results.</p>\n<p>Merck presents data on its portfolio of cancer drugs, in conjunction with the European Society for Medical Oncology’s 2021 Congress.</p>\n<p><b>The National Association</b>&nbsp;of Home Builders releases its Housing Market Index for September. Economists forecast a 73 reading, two points below August’s figure, which was the lowest in more than a year.</p>\n<p><b>Tuesday 9/21</b></p>\n<p>Adobe, AutoZone, and FedEx release earnings.</p>\n<p>Biogen hosts an investor day to discuss its pipeline of neuroscience therapeutics.</p>\n<p><b>The Census Bureau</b>&nbsp;reports on new residential construction for August. Consensus estimate is for a seasonally adjusted annual rate of 1.55 million housing starts, 1% higher than the July level. Housing starts are down from their post–financial crisis peak of 1.725 million, reached in March of this year.</p>\n<p><b>Wednesday 9/22</b></p>\n<p><b>The FOMC announces</b>&nbsp;its monetary-policy decision. The Federal Reserve is likely to keep the federal-funds rate unchanged at near zero, but might signal that it will pare its asset purchases later this year.</p>\n<p>General Mills reports first-quarter fiscal-2022 results.</p>\n<p>Boston Scientific,Weyerhaeuser, and&nbsp;Yum China Holdings&nbsp;host their 2021 investor days.</p>\n<p><b>TheBank of Japan</b>&nbsp;announces its monetary-policy decision. The BOJ is widely expected to keep its key short-term interest rate unchanged at minus 0.1%, as Tokyo and other regions remain in a state of emergency through the end of September due to the Covid-19 Delta variant.</p>\n<p><b>The National Association</b>&nbsp;of Realtors reports existing-home sales for August. Expectations are for a seasonally adjusted annual rate of 578,000 homes sold, down 3.5%&nbsp;from July’s 599,000.</p>\n<p><b>Thursday 9/23</b></p>\n<p>Accenture, Costco Wholesale, Darden Restaurants, and Nike hold conference calls to discuss their quarterly results.</p>\n<p>Salesforce.com holds its 2021 investor day. CEO Marc Benioff and Slack CEO Stewart Butterfield will be among the participants. Salesforce completed its $28 billion acquisition of Slack this summer.</p>\n<p><b>The Conference Board</b>&nbsp;releases its Leading Economic Index for August. Economists forecast a 0.5% month-over-month rise, after a 0.9% increase in July. The Conference Board currently projects 6% gross-domestic-product growth for 2021, and 4% for 2022.</p>\n<p><b>Friday 9/24</b></p>\n<p>Kansas City Southernhosts a special shareholder meeting to vote on a proposed merger withCanadian Pacific Railway.</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>Nike, Costco, FedEx, Salesforce, 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\">\nNike, Costco, FedEx, Salesforce, and Other Stocks for Investors to Watch This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-20 06:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/nike-costco-fedex-salesforce-and-other-stocks-for-investors-to-watch-this-week-51632078208?mod=hp_LEAD_2><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The main event this week will be the Federal Reserve’s September policy meeting. Investors will also be watching for several corporate earnings releases, investor days, and the latest economic data.\n...</p>\n\n<a href=\"https://www.barrons.com/articles/nike-costco-fedex-salesforce-and-other-stocks-for-investors-to-watch-this-week-51632078208?mod=hp_LEAD_2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FDX":"联邦快递","COST":"好市多",".SPX":"S&P 500 Index",".DJI":"道琼斯","ADBE":"Adobe",".IXIC":"NASDAQ Composite","CRM":"赛富时","NKE":"耐克"},"source_url":"https://www.barrons.com/articles/nike-costco-fedex-salesforce-and-other-stocks-for-investors-to-watch-this-week-51632078208?mod=hp_LEAD_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194891884","content_text":"The main event this week will be the Federal Reserve’s September policy meeting. Investors will also be watching for several corporate earnings releases, investor days, and the latest economic data.\nLennar reports quarterly earnings on Monday, followed by results from Adobe, AutoZone, and FedEx on Tuesday. General Mills goes on Wednesday, then Nike, Accenture, Costco Wholesale, and Darden Restaurants report on Thursday. Investor days this week include Biogen on Tuesday, Weyerhaeuser on Wednesday, and Salesforce.com on Thursday.\nThe Federal Reserve’s monetary policy committee meets on Tuesday and Wednesday this week. The central bank is unlikely to change its target interest rate range, but could give an update on its plans to begin reducing its monthly asset purchases. Wednesday afternoon’s press conference with Fed chair Jerome Powell will be closely watched.\nEconomic data out this week include the Conference Board’s Leading Economic Index for August on Thursday. There will also be several updates on the U.S. housing market including the National Association of Home Builders’ Housing Market Index for September on Monday, the Census Bureau’s new residential construction data for August on Tuesday, and the National Association of Realtors’ existing-home sales for August on Wednesday.\nMonday 9/20\nLennar reports third-quarter fiscal-2021 results.\nMerck presents data on its portfolio of cancer drugs, in conjunction with the European Society for Medical Oncology’s 2021 Congress.\nThe National Association of Home Builders releases its Housing Market Index for September. Economists forecast a 73 reading, two points below August’s figure, which was the lowest in more than a year.\nTuesday 9/21\nAdobe, AutoZone, and FedEx release earnings.\nBiogen hosts an investor day to discuss its pipeline of neuroscience therapeutics.\nThe Census Bureau reports on new residential construction for August. Consensus estimate is for a seasonally adjusted annual rate of 1.55 million housing starts, 1% higher than the July level. Housing starts are down from their post–financial crisis peak of 1.725 million, reached in March of this year.\nWednesday 9/22\nThe FOMC announces its monetary-policy decision. The Federal Reserve is likely to keep the federal-funds rate unchanged at near zero, but might signal that it will pare its asset purchases later this year.\nGeneral Mills reports first-quarter fiscal-2022 results.\nBoston Scientific,Weyerhaeuser, and Yum China Holdings host their 2021 investor days.\nTheBank of Japan announces its monetary-policy decision. The BOJ is widely expected to keep its key short-term interest rate unchanged at minus 0.1%, as Tokyo and other regions remain in a state of emergency through the end of September due to the Covid-19 Delta variant.\nThe National Association of Realtors reports existing-home sales for August. Expectations are for a seasonally adjusted annual rate of 578,000 homes sold, down 3.5% from July’s 599,000.\nThursday 9/23\nAccenture, Costco Wholesale, Darden Restaurants, and Nike hold conference calls to discuss their quarterly results.\nSalesforce.com holds its 2021 investor day. CEO Marc Benioff and Slack CEO Stewart Butterfield will be among the participants. Salesforce completed its $28 billion acquisition of Slack this summer.\nThe Conference Board releases its Leading Economic Index for August. Economists forecast a 0.5% month-over-month rise, after a 0.9% increase in July. The Conference Board currently projects 6% gross-domestic-product growth for 2021, and 4% for 2022.\nFriday 9/24\nKansas City Southernhosts a special shareholder meeting to vote on a proposed merger withCanadian Pacific Railway.","news_type":1},"isVote":1,"tweetType":1,"viewCount":365,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":887104106,"gmtCreate":1632002050205,"gmtModify":1676530682934,"author":{"id":"3577917241557928","authorId":"3577917241557928","name":"Andtendo","avatar":"https://static.tigerbbs.com/a36b92c865704901397ab4e190d5ad8a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/887104106","repostId":"2168957763","repostType":4,"repost":{"id":"2168957763","pubTimestamp":1631950800,"share":"https://www.laohu8.com/m/news/2168957763?lang=&edition=full","pubTime":"2021-09-18 15:40","market":"us","language":"en","title":"FDA Advisory Committee Votes Unanimously in Favor of COMIRNATY® Booster for Emergency Use in People 65 and Older and Certain High-Risk Populations","url":"https://stock-news.laohu8.com/highlight/detail?id=2168957763","media":"StreetInsider","summary":"Committee reviewed clinical data showing a booster dose of COMIRNATY® elicits high neutralization ti","content":"<ul>\n <li><i>Committee reviewed clinical data showing a booster dose of COMIRNATY® elicits high neutralization titers against SARS-CoV-2 and all currently tested variants </i></li>\n <li><i>Reactogenicity profile within seven days of the booster dose was typically mild to moderate, with frequency of reactions similar to or lower than after the primary vaccination series</i></li>\n <li><i>Real-world data presented by Israel Ministry of Health show additional protection after receiving a</i> <i>booster translated to vaccine effectiveness comparable to levels seen early in the country’s vaccine</i> <i>rollout</i></li>\n <li><i>FDA expected to make its decision in the coming days </i></li>\n</ul>\n<p><b>NEW YORK AND MAINZ, GERMANY, September 17, 2021</b>—Pfizer Inc. (NYSE: PFE) and <a href=\"https://laohu8.com/S/BNTX\">BioNTech SE</a> (Nasdaq: BNTX) announced today that the U.S. Food and Drug Administration’s (FDA) Vaccines and Related Biological Products Advisory Committee (VRBPAC) voted unanimously to recommend the FDA grant Emergency Use Authorization (EUA) for a booster dose of COMIRNATY® (COVID-19 Vaccine, mRNA) in individuals 65 years of age and older and individuals at high risk of severe COVID-19. The committee recommended that the additional dose be administered at least six months after the two-dose series. The panel also agreed that healthcare workers and others at high risk for occupational exposure should be included in this EUA.</p>\n<p>VRBPAC is made up of independent experts who advise the FDA on scientific and regulatory matters, including the evaluation of vaccine safety and efficacy.</p>\n<p>At this time, VRBPAC did not vote in favor of approval of a booster dose for the full population for which Pfizer and BioNTech submitted their supplemental Biologics License Application, which was individuals 16 and older. The same data have recently been submitted to the European Medicines Agency (EMA) and will be filed with other regulatory authorities in the coming weeks. The companies remain vigilant and continue to generate relevant COMIRNATY booster dose data for evaluation for future licensure in further groups as well as to address emerging variants of concern.</p>\n<p>The FDA is expected to make its decision in the coming days. This decision could allow COMIRNATY to be the first COVID-19 vaccine with a booster authorized in the U.S.</p>\n<p>“Today the VRBPAC reviewed data from our clinical program showing a favorable safety profile and strong immune responses against SARS-CoV-2 after a booster dose of our vaccine. These data, and the larger body of scientific evidence presented at the meeting, underscore our belief that boosters can be a critical tool in the ongoing effort to control the spread of this virus,” said <b>Kathrin U. Jansen, Ph.D., Senior Vice President and Head of Vaccine Research &amp; Development, Pfizer</b>. “We thank the committee for their thoughtful review of the data and will work with the FDA following today’s meeting to address the committee’s questions, as we continue to believe in the benefits of a booster dose for a broader population.”</p>\n<p>“We are committed to support the ongoing efforts to reduce infections and COVID-19 cases. The data we submitted to the FDA, EMA and other regulatory authorities underline that a booster induces a strong immune response against all tested variants of concern and may contribute to address a public health need,” said <b>Özlem Türeci, M.D., Co-founder and Chief Medical Officer of BioNTech.</b></p>\n<p>VRBPAC based its recommendation on the totality of scientific evidence shared by the companies, including data from their clinical program evaluating the safety, tolerability and immunogenicity of a booster dose of COMIRNATY. A booster dose of the vaccine elicited significantly higher neutralizing antibody titers against the initial SARS-CoV-2 virus (wild type), as well as the Beta and Delta variants, when compared with the levels observed after the two-dose primary series. The reactogenicity profile within seven days after the booster dose was typically mild to moderate, and the frequency of reactions was similar to or lower than after dose two. The adverse event profile was generally consistent with other clinical safety data for COMIRNATY.</p>\n<p>Real-world surveillance data also were presented to the VRBPAC by the Israel Ministry of Health, providing further support for the public health impact of boosters. The data presented from Israel included an analysis published this week in <i>The New England Journal of Medicine</i>. The analysis comprised approximately 1.1 million individuals ages 60 years and older who were eligible for a booster dose of the vaccine between July 30 through August 31, 2021. No new safety signals were observed, and reported adverse events were lower than those observed after dose two. The analysis showed that a booster dose restored very high levels of protection against COVID-19 infections and severe disease in this period when Delta was the dominant strain. Individuals who received the booster dose were less likely by a factor of 11.3 (95% CI: 10.4, 12.3) to develop a confirmed infection and less likely by a factor of 19.5 (95% CI: 12.9, 29.5) to develop severe illness compared to those who were previously fully vaccinated but did not receive a booster dose. The additional protection after receiving a booster translated to vaccine effectiveness comparable to levels seen early in the country’s vaccine rollout (an estimated 95%), when the Alpha variant was predominant.</p>\n<p>Under the EUA of the Pfizer-BioNTech vaccine in the U.S., a third dose was <u>previously authorized</u> for individuals at least 12 years of age who have undergone solid organ transplant, or who are diagnosed with conditions that are considered to have an equivalent level of immunocompromise. This authorization of a third dose for immunocompromised individuals is separate and distinct from the booster dose reviewed by VRBPAC today. The third dose for immunocompromised individuals is meant to address the fact that these individuals sometimes do not build enough protection after two doses of the vaccine. In contrast, the booster dose recommended today by VRBPAC for EUA refers to an additional dose of the vaccine that is given to those who have built enough protection after the primary two-dose vaccination series, but may have decreased protection over time due to waning of immunity.</p>\n<p>COMIRNATY, which is based on BioNTech’s proprietary mRNA technology, was developed by both BioNTech and Pfizer. BioNTech is the Marketing Authorization Holder in the United States, the European Union, the United Kingdom, Canada and the holder of emergency use authorizations or equivalents in the United States (jointly with Pfizer) and other countries. Submissions to pursue regulatory approvals in those countries where emergency use authorizations or equivalent were initially granted are planned.</p>\n<p><b>U.S. Indication &amp; Authorized Use</b>COMIRNATY® (COVID-19 Vaccine, mRNA) is an FDA-approved COVID-19 vaccine made by Pfizer for BioNTech.</p>\n<ul>\n <li>It is approved as a 2-dose series for prevention of COVID-19 in individuals 16 years of age and older</li>\n <li>It is also authorized under Emergency Use Authorization (EUA) to be administered for emergency use to:</li>\n</ul>\n<p>The Pfizer-BioNTech COVID-19 Vaccine has received EUA from FDA to:</p>\n<ul>\n <li>prevent COVID-19 in individuals 12 years of age and older, and</li>\n <li>provide a third dose to individuals 12 years of age and older who have been determined to have certain kinds of immunocompromise</li>\n</ul>\n<p>The FDA-approved COMIRNATY® (COVID-19 Vaccine, mRNA) and the EUA-authorized Pfizer-BioNTech COVID-19 Vaccine have the same formulation and can be used interchangeably to provide the COVID-19 vaccination series. An individual may be offered either COMIRNATY® (COVID-19 Vaccine, mRNA) or the Pfizer-BioNTech COVID-19 Vaccine to prevent coronavirus disease 2019 (COVID-19) caused by SARS-CoV-2.</p>\n<p><b>EUA Statement</b>This emergency use of the product has not been approved or licensed by FDA, but has been authorized by FDA under an Emergency Use Authorization (EUA) to prevent Coronavirus Disease 2019 (COVID-19) for use in individuals 12 years of age and older; and the emergency use of this product is only authorized for the duration of the declaration that circumstances exist justifying the authorization of emergency use of the medical product under Section 564(b)(1) of the FD&amp;C Act unless the declaration is terminated or authorization revoked sooner.</p>\n<p><b>Important Safety Information</b>Individuals should <b>not</b> get the Pfizer-BioNTech COVID-19 Vaccine if they:</p>\n<ul>\n <li>had a severe allergic reaction after a previous dose of this vaccine</li>\n <li>had a severe allergic reaction to any ingredient of this vaccine</li>\n</ul>\n<p>Individuals should tell the vaccination provider about all of their medical conditions, including if they:</p>\n<ul>\n <li>have any allergies</li>\n <li>have had myocarditis (inflammation of the heart muscle) or pericarditis (inflammation of the lining outside the heart)</li>\n <li>have a fever</li>\n <li>have a bleeding disorder or are on a blood thinner</li>\n <li>are immunocompromised or are on a medicine that affects the immune system</li>\n <li>are pregnant, plan to become pregnant, or are breastfeeding</li>\n <li>have received another COVID-19 vaccine</li>\n <li>have ever fainted in association with an injection</li>\n</ul>\n<p>The vaccine may not protect everyone.</p>\n<p>Side effects reported with the vaccine include:</p>\n<ul>\n <li>There is a remote chance that the vaccine could cause a severe allergic reaction</li>\n <li>Myocarditis (inflammation of the heart muscle) and pericarditis (inflammation of the lining outside the heart) have occurred in some people who have received the vaccine. In most of these people, symptoms began within a few days following receipt of the second dose of the vaccine. The chance of having this occur is very low. Individuals should seek medical attention right away if they have any of the following symptoms after receiving the vaccine:</li>\n <li>Side effects that have been reported with the vaccine include:</li>\n <li>These may not be all the possible side effects of the vaccine. Serious and unexpected side effects may occur. The vaccine is still being studied in clinical trials. Call the vaccination provider or healthcare provider about bothersome side effects or side effects that do not go away</li>\n</ul>\n<p>There is no information on the use of the vaccine with other vaccines.</p>\n<p>Patients should always ask their healthcare providers for medical advice about adverse events. Individuals are encouraged to report negative side effects of vaccines to the US Food and Drug Administration (FDA) and the Centers for Disease Control and Prevention (CDC). Visit <u>http://www.vaers.hhs.gov</u> or call 1-800-822-7967. In addition, side effects can be reported to Pfizer Inc. at <u>www.pfizersafetyreporting.com</u> or by calling 1-800-438-1985.</p>\n<p>Please <u>click here</u> for full Prescribing Information (16+ years of age). Please <u>click here</u> for Fact Sheet for Vaccination Providers (12+ years of age).</p>\n<p><b>About Pfizer: Breakthroughs That Change Patients’ Lives</b>At Pfizer, we apply science and our global resources to bring therapies to people that extend and significantly improve their lives. We strive to set the standard for quality, safety and value in the discovery, development and manufacture of health care products, including innovative medicines and vaccines. Every day, Pfizer colleagues work across developed and emerging markets to advance wellness, prevention, treatments and cures that challenge the most feared diseases of our time. Consistent with our responsibility as one of the world's premier innovative biopharmaceutical companies, we collaborate with health care providers, governments and local communities to support and expand access to reliable, affordable health care around the world. For more than 170 years, we have worked to make a difference for all who rely on us. We routinely post information that may be important to investors on our website at <u>www.Pfizer.com</u>. In addition, to learn more, please visit us on <u>www.Pfizer.com</u> and follow us on <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> at <u>@Pfizer</u> and <u>@Pfizer News</u>, <u>LinkedIn</u>, <u>YouTube</u> and like us on <a href=\"https://laohu8.com/S/FB\">Facebook</a> at <u>Facebook.com/Pfizer</u>.</p>\n<p><b>Pfizer Disclosure Notice</b>The information contained in this release is as of September 17, 2021. Pfizer assumes no obligation to update forward-looking statements contained in this release as the result of new information or future events or developments.</p>\n<p>This release contains forward-looking information about Pfizer’s efforts to combat COVID-19, the collaboration between BioNTech and Pfizer to develop a COVID-19 vaccine, the BNT162 mRNA vaccine program and COMIRNATY (COVID-19 Vaccine, mRNA) (BNT162b2) (including a potential booster (third) dose and a supplemental Biologics License Application (sBLA) for a potential booster (third) dose of BNT162b2 in individuals 16 years of age and older in the U.S., qualitative assessments of available data, potential benefits, expectations for clinical trials, the anticipated timing of regulatory submissions, regulatory approvals or authorizations and anticipated manufacturing, distribution and supply) involving substantial risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Risks and uncertainties include, among other things, the uncertainties inherent in research and development, including the ability to meet anticipated clinical endpoints, commencement and/or completion dates for clinical trials, regulatory submission dates, regulatory approval dates and/or launch dates, as well as risks associated with preclinical and clinical data (including the Phase 3 data), including the possibility of unfavorable new preclinical, clinical or safety data and further analyses of existing preclinical, clinical or safety data; whether and when our Phase 3 clinical trial will demonstrate protection from infection or disease following a booster (third) dose, which is the subject of ongoing study; the ability to produce comparable clinical or other results, including the rate of vaccine effectiveness and safety and tolerability profile observed to date, in additional analyses of the Phase 3 trial and additional studies or in larger, more diverse populations following commercialization; the ability of BNT162b2 to prevent COVID-19 caused by emerging virus variants; the risk that more widespread use of the vaccine will lead to new information about efficacy, safety, or other developments, including the risk of additional adverse reactions, some of which may be serious; the risk that preclinical and clinical trial data are subject to differing interpretations and assessments, including during the peer review/publication process, in the scientific community generally, and by regulatory authorities; whether and when additional data from the BNT162 mRNA vaccine program will be published in scientific journal publications and, if so, when and with what modifications and interpretations; whether regulatory authorities will be satisfied with the design of and results from these and any future preclinical and clinical studies; whether and when applications for a potential booster (third) dose will be filed in any other jurisdictions and whether and when other biologics license and/or emergency use authorization applications or amendments to any such applications may be filed in particular jurisdictions for BNT162b2 or any other potential vaccines that may arise from the BNT162 program, and if obtained, whether or when such emergency use authorization or licenses will expire or terminate; whether and when any applications that may be pending or filed for BNT162b2 (including the sBLA for a potential booster (third) dose in the U.S., applications that may be pending or filed for a potential booster (third) dose in other jurisdictions or any requested amendments to the emergency use or conditional marketing authorizations) or other vaccines that may result from the BNT162 program may be approved by particular regulatory authorities, which will depend on myriad factors, including making a determination as to whether the vaccine’s benefits outweigh its known risks and determination of the vaccine’s efficacy and, if approved, whether it will be commercially successful; decisions by regulatory authorities impacting labeling or marketing, manufacturing processes, safety and/or other matters that could affect the availability or commercial potential of a vaccine, including development of products or therapies by other companies; disruptions in the relationships between us and our collaboration partners, clinical trial sites or third-party suppliers; the risk that demand for any products may be reduced or no longer exist; risks related to the availability of raw materials to manufacture a vaccine; challenges related to our vaccine’s ultra-low temperature formulation, two-dose schedule and attendant storage, distribution and administration requirements, including risks related to storage and handling after delivery by Pfizer; the risk that we may not be able to successfully develop other vaccine formulations, booster doses or new variant-specific vaccines; the risk that we may not be able to create or scale up manufacturing capacity on a timely basis or maintain access to logistics or supply channels commensurate with global demand for our vaccine, which would negatively impact our ability to supply the estimated numbers of doses of our vaccine within the projected time periods as previously indicated; whether and when additional supply agreements will be reached; uncertainties regarding the ability to obtain recommendations from vaccine advisory or technical committees and other public health authorities and uncertainties regarding the commercial impact of any such recommendations; challenges related to public vaccine confidence or awareness; uncertainties regarding the impact of COVID-19 on Pfizer’s business, operations and financial results; and competitive developments.</p>\n<p>A further description of risks and uncertainties can be found in Pfizer’s Annual Report on Form 10-K for the fiscal year ended December 31, 2020 and in its subsequent reports on Form 10-Q, including in the sections thereof captioned “Risk Factors” and “Forward-Looking Information and Factors That May Affect Future Results”, as well as in its subsequent reports on Form 8-K, all of which are filed with the U.S. Securities and Exchange Commission and available at <u>www.sec.gov</u> and <u>www.pfizer.com</u>.</p>\n<p><b>About BioNTech</b>Biopharmaceutical New Technologies is a next generation immunotherapy company pioneering novel therapies for cancer and other serious diseases. The Company exploits a wide array of computational discovery and therapeutic drug platforms for the rapid development of novel biopharmaceuticals. Its broad portfolio of oncology product candidates includes individualized and off-the-shelf mRNA-based therapies, innovative chimeric antigen receptor T cells, bi-specific checkpoint immuno-modulators, targeted cancer antibodies and small molecules. Based on its deep expertise in mRNA vaccine development and in-house manufacturing capabilities, BioNTech and its collaborators are developing multiple mRNA vaccine candidates for a range of infectious diseases alongside its diverse oncology pipeline. BioNTech has established a broad set of relationships with multiple global pharmaceutical collaborators, including Genmab, <a href=\"https://laohu8.com/S/GCVRZ\">Sanofi</a>, Bayer Animal Health, Genentech, a member of the Roche Group, Regeneron, Genevant, Fosun Pharma, and Pfizer. For more information, please visit <u>www.BioNTech.de</u>.</p>\n<p><b>BioNTech Forward-looking Statements</b>This press release contains “forward-looking statements” of BioNTech within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may include, but may not be limited to, statements concerning: BioNTech’s efforts to combat COVID-19; the collaboration between BioNTech and Pfizer including the program to develop a COVID-19 vaccine and COMIRNATY (COVID-19 Vaccine, mRNA) (BNT162b2) (including a potential booster (third) dose of BNT162b2 in individuals 16 years of age and older in the U.S., a definite submission of a supplemental BLA for a potential booster dose of a variation of BNT162b2 having a modified mRNA sequence in the U.S., a BLA to support potential full FDA approval of BNT162b2 in individuals 12 through 15 years, whether and when applications for a potential booster (third) dose will be filed in any other jurisdictions, qualitative assessments of available data, potential benefits, expectations for clinical trials, the anticipated timing of regulatory submissions, regulatory approvals or authorizations and anticipated manufacturing, distribution and supply); our expectations regarding the potential characteristics of BNT162b2 in our clinical trials and/or in commercial use based on data observations to date; the ability of BNT162b2 to prevent COVID-19 caused by emerging virus variants; the expected time point for additional readouts on efficacy data of BNT162b2 in our clinical trials; the nature of the clinical data, which is subject to ongoing peer review, regulatory review and market interpretation; the timing for submission of data for, or receipt of, any marketing approval or Emergency Use Authorization; our contemplated shipping and storage plan, including our estimated product shelf life at various temperatures; and the ability of BioNTech to supply the quantities of BNT162 to support clinical development and market demand, including our production estimates for 2021. Any forward-looking statements in this press release are based on BioNTech current expectations and beliefs of future events, and are subject to a number of risks and uncertainties that could cause actual results to differ materially and adversely from those set forth in or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to: the ability to meet the pre-defined endpoints in clinical trials; competition to create a vaccine for COVID-19; the ability to produce comparable clinical or other results, including our stated rate of vaccine effectiveness and safety and tolerability profile observed to date, in the remainder of the trial or in larger, more diverse populations upon commercialization; the ability to effectively scale our productions capabilities; and other potential difficulties.</p>\n<p>For a discussion of these and other risks and uncertainties, see BioNTech’s Annual Report as Form 20-F for the Year Ended December 31, 2020, filed with the SEC on March 30, 2021, which is available on the SEC’s website at <u>www.sec.gov</u>. All information in this press release is as of the date of the release, and BioNTech undertakes no duty to update this information unless required by law.</p>","source":"highlight_streetinsider","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>FDA Advisory Committee Votes Unanimously in Favor of COMIRNATY® Booster for Emergency Use in People 65 and Older and Certain High-Risk Populations</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\">\nFDA Advisory Committee Votes Unanimously in Favor of COMIRNATY® Booster for Emergency Use in People 65 and Older and Certain High-Risk Populations\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-18 15:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=18955632><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Committee reviewed clinical data showing a booster dose of COMIRNATY® elicits high neutralization titers against SARS-CoV-2 and all currently tested variants \nReactogenicity profile within seven days ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18955632\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PFE":"辉瑞"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18955632","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2168957763","content_text":"Committee reviewed clinical data showing a booster dose of COMIRNATY® elicits high neutralization titers against SARS-CoV-2 and all currently tested variants \nReactogenicity profile within seven days of the booster dose was typically mild to moderate, with frequency of reactions similar to or lower than after the primary vaccination series\nReal-world data presented by Israel Ministry of Health show additional protection after receiving a booster translated to vaccine effectiveness comparable to levels seen early in the country’s vaccine rollout\nFDA expected to make its decision in the coming days \n\nNEW YORK AND MAINZ, GERMANY, September 17, 2021—Pfizer Inc. (NYSE: PFE) and BioNTech SE (Nasdaq: BNTX) announced today that the U.S. Food and Drug Administration’s (FDA) Vaccines and Related Biological Products Advisory Committee (VRBPAC) voted unanimously to recommend the FDA grant Emergency Use Authorization (EUA) for a booster dose of COMIRNATY® (COVID-19 Vaccine, mRNA) in individuals 65 years of age and older and individuals at high risk of severe COVID-19. The committee recommended that the additional dose be administered at least six months after the two-dose series. The panel also agreed that healthcare workers and others at high risk for occupational exposure should be included in this EUA.\nVRBPAC is made up of independent experts who advise the FDA on scientific and regulatory matters, including the evaluation of vaccine safety and efficacy.\nAt this time, VRBPAC did not vote in favor of approval of a booster dose for the full population for which Pfizer and BioNTech submitted their supplemental Biologics License Application, which was individuals 16 and older. The same data have recently been submitted to the European Medicines Agency (EMA) and will be filed with other regulatory authorities in the coming weeks. The companies remain vigilant and continue to generate relevant COMIRNATY booster dose data for evaluation for future licensure in further groups as well as to address emerging variants of concern.\nThe FDA is expected to make its decision in the coming days. This decision could allow COMIRNATY to be the first COVID-19 vaccine with a booster authorized in the U.S.\n“Today the VRBPAC reviewed data from our clinical program showing a favorable safety profile and strong immune responses against SARS-CoV-2 after a booster dose of our vaccine. These data, and the larger body of scientific evidence presented at the meeting, underscore our belief that boosters can be a critical tool in the ongoing effort to control the spread of this virus,” said Kathrin U. Jansen, Ph.D., Senior Vice President and Head of Vaccine Research & Development, Pfizer. “We thank the committee for their thoughtful review of the data and will work with the FDA following today’s meeting to address the committee’s questions, as we continue to believe in the benefits of a booster dose for a broader population.”\n“We are committed to support the ongoing efforts to reduce infections and COVID-19 cases. The data we submitted to the FDA, EMA and other regulatory authorities underline that a booster induces a strong immune response against all tested variants of concern and may contribute to address a public health need,” said Özlem Türeci, M.D., Co-founder and Chief Medical Officer of BioNTech.\nVRBPAC based its recommendation on the totality of scientific evidence shared by the companies, including data from their clinical program evaluating the safety, tolerability and immunogenicity of a booster dose of COMIRNATY. A booster dose of the vaccine elicited significantly higher neutralizing antibody titers against the initial SARS-CoV-2 virus (wild type), as well as the Beta and Delta variants, when compared with the levels observed after the two-dose primary series. The reactogenicity profile within seven days after the booster dose was typically mild to moderate, and the frequency of reactions was similar to or lower than after dose two. The adverse event profile was generally consistent with other clinical safety data for COMIRNATY.\nReal-world surveillance data also were presented to the VRBPAC by the Israel Ministry of Health, providing further support for the public health impact of boosters. The data presented from Israel included an analysis published this week in The New England Journal of Medicine. The analysis comprised approximately 1.1 million individuals ages 60 years and older who were eligible for a booster dose of the vaccine between July 30 through August 31, 2021. No new safety signals were observed, and reported adverse events were lower than those observed after dose two. The analysis showed that a booster dose restored very high levels of protection against COVID-19 infections and severe disease in this period when Delta was the dominant strain. Individuals who received the booster dose were less likely by a factor of 11.3 (95% CI: 10.4, 12.3) to develop a confirmed infection and less likely by a factor of 19.5 (95% CI: 12.9, 29.5) to develop severe illness compared to those who were previously fully vaccinated but did not receive a booster dose. The additional protection after receiving a booster translated to vaccine effectiveness comparable to levels seen early in the country’s vaccine rollout (an estimated 95%), when the Alpha variant was predominant.\nUnder the EUA of the Pfizer-BioNTech vaccine in the U.S., a third dose was previously authorized for individuals at least 12 years of age who have undergone solid organ transplant, or who are diagnosed with conditions that are considered to have an equivalent level of immunocompromise. This authorization of a third dose for immunocompromised individuals is separate and distinct from the booster dose reviewed by VRBPAC today. The third dose for immunocompromised individuals is meant to address the fact that these individuals sometimes do not build enough protection after two doses of the vaccine. In contrast, the booster dose recommended today by VRBPAC for EUA refers to an additional dose of the vaccine that is given to those who have built enough protection after the primary two-dose vaccination series, but may have decreased protection over time due to waning of immunity.\nCOMIRNATY, which is based on BioNTech’s proprietary mRNA technology, was developed by both BioNTech and Pfizer. BioNTech is the Marketing Authorization Holder in the United States, the European Union, the United Kingdom, Canada and the holder of emergency use authorizations or equivalents in the United States (jointly with Pfizer) and other countries. Submissions to pursue regulatory approvals in those countries where emergency use authorizations or equivalent were initially granted are planned.\nU.S. Indication & Authorized UseCOMIRNATY® (COVID-19 Vaccine, mRNA) is an FDA-approved COVID-19 vaccine made by Pfizer for BioNTech.\n\nIt is approved as a 2-dose series for prevention of COVID-19 in individuals 16 years of age and older\nIt is also authorized under Emergency Use Authorization (EUA) to be administered for emergency use to:\n\nThe Pfizer-BioNTech COVID-19 Vaccine has received EUA from FDA to:\n\nprevent COVID-19 in individuals 12 years of age and older, and\nprovide a third dose to individuals 12 years of age and older who have been determined to have certain kinds of immunocompromise\n\nThe FDA-approved COMIRNATY® (COVID-19 Vaccine, mRNA) and the EUA-authorized Pfizer-BioNTech COVID-19 Vaccine have the same formulation and can be used interchangeably to provide the COVID-19 vaccination series. An individual may be offered either COMIRNATY® (COVID-19 Vaccine, mRNA) or the Pfizer-BioNTech COVID-19 Vaccine to prevent coronavirus disease 2019 (COVID-19) caused by SARS-CoV-2.\nEUA StatementThis emergency use of the product has not been approved or licensed by FDA, but has been authorized by FDA under an Emergency Use Authorization (EUA) to prevent Coronavirus Disease 2019 (COVID-19) for use in individuals 12 years of age and older; and the emergency use of this product is only authorized for the duration of the declaration that circumstances exist justifying the authorization of emergency use of the medical product under Section 564(b)(1) of the FD&C Act unless the declaration is terminated or authorization revoked sooner.\nImportant Safety InformationIndividuals should not get the Pfizer-BioNTech COVID-19 Vaccine if they:\n\nhad a severe allergic reaction after a previous dose of this vaccine\nhad a severe allergic reaction to any ingredient of this vaccine\n\nIndividuals should tell the vaccination provider about all of their medical conditions, including if they:\n\nhave any allergies\nhave had myocarditis (inflammation of the heart muscle) or pericarditis (inflammation of the lining outside the heart)\nhave a fever\nhave a bleeding disorder or are on a blood thinner\nare immunocompromised or are on a medicine that affects the immune system\nare pregnant, plan to become pregnant, or are breastfeeding\nhave received another COVID-19 vaccine\nhave ever fainted in association with an injection\n\nThe vaccine may not protect everyone.\nSide effects reported with the vaccine include:\n\nThere is a remote chance that the vaccine could cause a severe allergic reaction\nMyocarditis (inflammation of the heart muscle) and pericarditis (inflammation of the lining outside the heart) have occurred in some people who have received the vaccine. In most of these people, symptoms began within a few days following receipt of the second dose of the vaccine. The chance of having this occur is very low. Individuals should seek medical attention right away if they have any of the following symptoms after receiving the vaccine:\nSide effects that have been reported with the vaccine include:\nThese may not be all the possible side effects of the vaccine. Serious and unexpected side effects may occur. The vaccine is still being studied in clinical trials. Call the vaccination provider or healthcare provider about bothersome side effects or side effects that do not go away\n\nThere is no information on the use of the vaccine with other vaccines.\nPatients should always ask their healthcare providers for medical advice about adverse events. Individuals are encouraged to report negative side effects of vaccines to the US Food and Drug Administration (FDA) and the Centers for Disease Control and Prevention (CDC). Visit http://www.vaers.hhs.gov or call 1-800-822-7967. In addition, side effects can be reported to Pfizer Inc. at www.pfizersafetyreporting.com or by calling 1-800-438-1985.\nPlease click here for full Prescribing Information (16+ years of age). Please click here for Fact Sheet for Vaccination Providers (12+ years of age).\nAbout Pfizer: Breakthroughs That Change Patients’ LivesAt Pfizer, we apply science and our global resources to bring therapies to people that extend and significantly improve their lives. We strive to set the standard for quality, safety and value in the discovery, development and manufacture of health care products, including innovative medicines and vaccines. Every day, Pfizer colleagues work across developed and emerging markets to advance wellness, prevention, treatments and cures that challenge the most feared diseases of our time. Consistent with our responsibility as one of the world's premier innovative biopharmaceutical companies, we collaborate with health care providers, governments and local communities to support and expand access to reliable, affordable health care around the world. For more than 170 years, we have worked to make a difference for all who rely on us. We routinely post information that may be important to investors on our website at www.Pfizer.com. In addition, to learn more, please visit us on www.Pfizer.com and follow us on Twitter at @Pfizer and @Pfizer News, LinkedIn, YouTube and like us on Facebook at Facebook.com/Pfizer.\nPfizer Disclosure NoticeThe information contained in this release is as of September 17, 2021. Pfizer assumes no obligation to update forward-looking statements contained in this release as the result of new information or future events or developments.\nThis release contains forward-looking information about Pfizer’s efforts to combat COVID-19, the collaboration between BioNTech and Pfizer to develop a COVID-19 vaccine, the BNT162 mRNA vaccine program and COMIRNATY (COVID-19 Vaccine, mRNA) (BNT162b2) (including a potential booster (third) dose and a supplemental Biologics License Application (sBLA) for a potential booster (third) dose of BNT162b2 in individuals 16 years of age and older in the U.S., qualitative assessments of available data, potential benefits, expectations for clinical trials, the anticipated timing of regulatory submissions, regulatory approvals or authorizations and anticipated manufacturing, distribution and supply) involving substantial risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Risks and uncertainties include, among other things, the uncertainties inherent in research and development, including the ability to meet anticipated clinical endpoints, commencement and/or completion dates for clinical trials, regulatory submission dates, regulatory approval dates and/or launch dates, as well as risks associated with preclinical and clinical data (including the Phase 3 data), including the possibility of unfavorable new preclinical, clinical or safety data and further analyses of existing preclinical, clinical or safety data; whether and when our Phase 3 clinical trial will demonstrate protection from infection or disease following a booster (third) dose, which is the subject of ongoing study; the ability to produce comparable clinical or other results, including the rate of vaccine effectiveness and safety and tolerability profile observed to date, in additional analyses of the Phase 3 trial and additional studies or in larger, more diverse populations following commercialization; the ability of BNT162b2 to prevent COVID-19 caused by emerging virus variants; the risk that more widespread use of the vaccine will lead to new information about efficacy, safety, or other developments, including the risk of additional adverse reactions, some of which may be serious; the risk that preclinical and clinical trial data are subject to differing interpretations and assessments, including during the peer review/publication process, in the scientific community generally, and by regulatory authorities; whether and when additional data from the BNT162 mRNA vaccine program will be published in scientific journal publications and, if so, when and with what modifications and interpretations; whether regulatory authorities will be satisfied with the design of and results from these and any future preclinical and clinical studies; whether and when applications for a potential booster (third) dose will be filed in any other jurisdictions and whether and when other biologics license and/or emergency use authorization applications or amendments to any such applications may be filed in particular jurisdictions for BNT162b2 or any other potential vaccines that may arise from the BNT162 program, and if obtained, whether or when such emergency use authorization or licenses will expire or terminate; whether and when any applications that may be pending or filed for BNT162b2 (including the sBLA for a potential booster (third) dose in the U.S., applications that may be pending or filed for a potential booster (third) dose in other jurisdictions or any requested amendments to the emergency use or conditional marketing authorizations) or other vaccines that may result from the BNT162 program may be approved by particular regulatory authorities, which will depend on myriad factors, including making a determination as to whether the vaccine’s benefits outweigh its known risks and determination of the vaccine’s efficacy and, if approved, whether it will be commercially successful; decisions by regulatory authorities impacting labeling or marketing, manufacturing processes, safety and/or other matters that could affect the availability or commercial potential of a vaccine, including development of products or therapies by other companies; disruptions in the relationships between us and our collaboration partners, clinical trial sites or third-party suppliers; the risk that demand for any products may be reduced or no longer exist; risks related to the availability of raw materials to manufacture a vaccine; challenges related to our vaccine’s ultra-low temperature formulation, two-dose schedule and attendant storage, distribution and administration requirements, including risks related to storage and handling after delivery by Pfizer; the risk that we may not be able to successfully develop other vaccine formulations, booster doses or new variant-specific vaccines; the risk that we may not be able to create or scale up manufacturing capacity on a timely basis or maintain access to logistics or supply channels commensurate with global demand for our vaccine, which would negatively impact our ability to supply the estimated numbers of doses of our vaccine within the projected time periods as previously indicated; whether and when additional supply agreements will be reached; uncertainties regarding the ability to obtain recommendations from vaccine advisory or technical committees and other public health authorities and uncertainties regarding the commercial impact of any such recommendations; challenges related to public vaccine confidence or awareness; uncertainties regarding the impact of COVID-19 on Pfizer’s business, operations and financial results; and competitive developments.\nA further description of risks and uncertainties can be found in Pfizer’s Annual Report on Form 10-K for the fiscal year ended December 31, 2020 and in its subsequent reports on Form 10-Q, including in the sections thereof captioned “Risk Factors” and “Forward-Looking Information and Factors That May Affect Future Results”, as well as in its subsequent reports on Form 8-K, all of which are filed with the U.S. Securities and Exchange Commission and available at www.sec.gov and www.pfizer.com.\nAbout BioNTechBiopharmaceutical New Technologies is a next generation immunotherapy company pioneering novel therapies for cancer and other serious diseases. The Company exploits a wide array of computational discovery and therapeutic drug platforms for the rapid development of novel biopharmaceuticals. Its broad portfolio of oncology product candidates includes individualized and off-the-shelf mRNA-based therapies, innovative chimeric antigen receptor T cells, bi-specific checkpoint immuno-modulators, targeted cancer antibodies and small molecules. Based on its deep expertise in mRNA vaccine development and in-house manufacturing capabilities, BioNTech and its collaborators are developing multiple mRNA vaccine candidates for a range of infectious diseases alongside its diverse oncology pipeline. BioNTech has established a broad set of relationships with multiple global pharmaceutical collaborators, including Genmab, Sanofi, Bayer Animal Health, Genentech, a member of the Roche Group, Regeneron, Genevant, Fosun Pharma, and Pfizer. For more information, please visit www.BioNTech.de.\nBioNTech Forward-looking StatementsThis press release contains “forward-looking statements” of BioNTech within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may include, but may not be limited to, statements concerning: BioNTech’s efforts to combat COVID-19; the collaboration between BioNTech and Pfizer including the program to develop a COVID-19 vaccine and COMIRNATY (COVID-19 Vaccine, mRNA) (BNT162b2) (including a potential booster (third) dose of BNT162b2 in individuals 16 years of age and older in the U.S., a definite submission of a supplemental BLA for a potential booster dose of a variation of BNT162b2 having a modified mRNA sequence in the U.S., a BLA to support potential full FDA approval of BNT162b2 in individuals 12 through 15 years, whether and when applications for a potential booster (third) dose will be filed in any other jurisdictions, qualitative assessments of available data, potential benefits, expectations for clinical trials, the anticipated timing of regulatory submissions, regulatory approvals or authorizations and anticipated manufacturing, distribution and supply); our expectations regarding the potential characteristics of BNT162b2 in our clinical trials and/or in commercial use based on data observations to date; the ability of BNT162b2 to prevent COVID-19 caused by emerging virus variants; the expected time point for additional readouts on efficacy data of BNT162b2 in our clinical trials; the nature of the clinical data, which is subject to ongoing peer review, regulatory review and market interpretation; the timing for submission of data for, or receipt of, any marketing approval or Emergency Use Authorization; our contemplated shipping and storage plan, including our estimated product shelf life at various temperatures; and the ability of BioNTech to supply the quantities of BNT162 to support clinical development and market demand, including our production estimates for 2021. Any forward-looking statements in this press release are based on BioNTech current expectations and beliefs of future events, and are subject to a number of risks and uncertainties that could cause actual results to differ materially and adversely from those set forth in or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to: the ability to meet the pre-defined endpoints in clinical trials; competition to create a vaccine for COVID-19; the ability to produce comparable clinical or other results, including our stated rate of vaccine effectiveness and safety and tolerability profile observed to date, in the remainder of the trial or in larger, more diverse populations upon commercialization; the ability to effectively scale our productions capabilities; and other potential difficulties.\nFor a discussion of these and other risks and uncertainties, see BioNTech’s Annual Report as Form 20-F for the Year Ended December 31, 2020, filed with the SEC on March 30, 2021, which is available on the SEC’s website at www.sec.gov. All information in this press release is as of the date of the release, and BioNTech undertakes no duty to update this information unless required by law.","news_type":1},"isVote":1,"tweetType":1,"viewCount":112,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":885707630,"gmtCreate":1631832266620,"gmtModify":1676530645215,"author":{"id":"3577917241557928","authorId":"3577917241557928","name":"Andtendo","avatar":"https://static.tigerbbs.com/a36b92c865704901397ab4e190d5ad8a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like please :)","listText":"Like please :)","text":"Like please :)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/885707630","repostId":"1150810350","repostType":4,"repost":{"id":"1150810350","pubTimestamp":1631805923,"share":"https://www.laohu8.com/m/news/1150810350?lang=&edition=full","pubTime":"2021-09-16 23:25","market":"us","language":"en","title":"Citi to Rework Commodities Unit as Part of Consent Order Work","url":"https://stock-news.laohu8.com/highlight/detail?id=1150810350","media":"Bloomberg","summary":"Bank hires Moorooven for new business ventures in division\nStructural reworking is so ‘business can ","content":"<ul>\n <li>Bank hires Moorooven for new business ventures in division</li>\n <li>Structural reworking is so ‘business can continue to thrive’</li>\n</ul>\n<p>Citigroup Inc.&nbsp;said it will improve the structure of its commodities-trading business as part of its efforts to satisfy a pair of consent orders it received from regulators last year.</p>\n<p>The New York-based bank also hired Yoven Moorooven as global head of new business ventures for the commodities trading division, according to a memo to staff. Moorooven will be based in London and report to Jose Cogolludo, global head of the commodities business.</p>\n<p>Citigroup has embarked on what it calls it’s “transformation efforts” to satisfy two consent orders from the Office of the Comptroller of the Currency and the Federal Reserve over deficiencies in its internal controls and risk-management framework. The bank has said the work will ultimately take years.</p>\n<p>“As part of Citi’s transformation efforts, we have begun enhancing our organizational structures and establishing initiatives to ensure that our commodities business can continue to thrive,” Cogolludo said in the memo.</p>\n<p>Moorooven was most recently head of Asia-Pacific cross-commodities trading and global liquefied natural gas trading at the French energy giantEngie SA. He will initially focus on expanding Citigroup’s physical capabilities to better serve the bank’s global franchise, Cogolludo said.</p>\n<p>Earlier this year, Citigroup said John Young will lead the firm’s commodities-trading division in the Americas as part of its efforts to strengthen risk controls in the unit. Commodities-trading desks across Wall Street have been affected by wild swings in energy markets as historic storms and natural disasters sweep across the globe.</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 to Rework Commodities Unit as Part of Consent Order Work</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 to Rework Commodities Unit as Part of Consent Order Work\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-16 23:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-09-16/citi-to-rework-commodities-unit-as-part-of-consent-order-work><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Bank hires Moorooven for new business ventures in division\nStructural reworking is so ‘business can continue to thrive’\n\nCitigroup Inc. said it will improve the structure of its commodities-trading ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-09-16/citi-to-rework-commodities-unit-as-part-of-consent-order-work\">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/2021-09-16/citi-to-rework-commodities-unit-as-part-of-consent-order-work","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150810350","content_text":"Bank hires Moorooven for new business ventures in division\nStructural reworking is so ‘business can continue to thrive’\n\nCitigroup Inc. said it will improve the structure of its commodities-trading business as part of its efforts to satisfy a pair of consent orders it received from regulators last year.\nThe New York-based bank also hired Yoven Moorooven as global head of new business ventures for the commodities trading division, according to a memo to staff. Moorooven will be based in London and report to Jose Cogolludo, global head of the commodities business.\nCitigroup has embarked on what it calls it’s “transformation efforts” to satisfy two consent orders from the Office of the Comptroller of the Currency and the Federal Reserve over deficiencies in its internal controls and risk-management framework. The bank has said the work will ultimately take years.\n“As part of Citi’s transformation efforts, we have begun enhancing our organizational structures and establishing initiatives to ensure that our commodities business can continue to thrive,” Cogolludo said in the memo.\nMoorooven was most recently head of Asia-Pacific cross-commodities trading and global liquefied natural gas trading at the French energy giantEngie SA. He will initially focus on expanding Citigroup’s physical capabilities to better serve the bank’s global franchise, Cogolludo said.\nEarlier this year, Citigroup said John Young will lead the firm’s commodities-trading division in the Americas as part of its efforts to strengthen risk controls in the unit. Commodities-trading desks across Wall Street have been affected by wild swings in energy markets as historic storms and natural disasters sweep across the globe.","news_type":1},"isVote":1,"tweetType":1,"viewCount":311,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":888804632,"gmtCreate":1631483146326,"gmtModify":1676530552460,"author":{"id":"3577917241557928","authorId":"3577917241557928","name":"Andtendo","avatar":"https://static.tigerbbs.com/a36b92c865704901397ab4e190d5ad8a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/888804632","repostId":"1160482100","repostType":4,"repost":{"id":"1160482100","pubTimestamp":1631413030,"share":"https://www.laohu8.com/m/news/1160482100?lang=&edition=full","pubTime":"2021-09-12 10:17","market":"us","language":"en","title":"3 Upcoming Earnings Reports to Watch","url":"https://stock-news.laohu8.com/highlight/detail?id=1160482100","media":"InvestorPlace","summary":"These three companies could move the market when they release earnings reports this week\nSource: Shu","content":"<p>These three companies could move the market when they release earnings reports this week</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0d277b8ff1b6b6711ba0749313119f04\" tg-width=\"1024\" tg-height=\"576\" width=\"100%\" height=\"auto\"><span>Source: Shutterstock</span></p>\n<p>It’s the tail end of earnings season with only a few notable companies left to issue earnings reports. In the coming weeks, we’ll get results from a few influential and closely followed companies, including a major technology firm and homebuilder. These earnings will bring to a close what has been, by all accounts, a&nbsp;stellar season&nbsp;of corporate results.</p>\n<p>Over the past several months, we have witnessed a parade of better-than-expected quarterly earnings from both small and large companies. The strong earnings are expected to continue through the rest of this year, with&nbsp;<b>Wells Fargo</b>(NYSE:<b><u>WFC</u></b>)&nbsp;recently forecasting&nbsp;that strong financial results will lift the S&amp;P 500 index a further 8% through the end of December.</p>\n<p>Here are four companies with earnings reports the week of September 13:</p>\n<ul>\n <li><b>Oracle</b>(NYSE:<b><u>ORCL</u></b>)</li>\n <li><b>Lennar</b>(NYSE:<b><u>LEN</u></b>)</li>\n <li><b>Birks Group</b>(NYSEAMERICAN:<b><u>BGI</u></b>)</li>\n</ul>\n<p><b>Oracle (ORCL)</b></p>\n<p>The lone large cap technology company reporting earnings in the week ahead is database and enterprise software giant Oracle. On Sept. 13, the Austin, Texas-based company will report its fiscal first quarter 2022 results. Any beat to the upside should add to ORCL stock’s&nbsp;already considerable momentum.</p>\n<p>Year-to-date the company’s shares are up almost 40% at a Sept. 10 opening price of just under $90. The latest rally, which has been ongoing since mid-June, could get a second wind if Oracle manages to impress Wall Street with its latest numbers.</p>\n<p>Wall Street is looking for Oracle to report revenues of $9.77 billion and earnings per share of $0.97 for its first quarter. Analysts expect the company’s&nbsp;earnings to be powered&nbsp;by its cloud infrastructure business, which has taken off this year as a growing number of businesses accelerate their migration to cloud computing and storage. Oracle is also getting a boost from the rollout of 5G wireless networking. In its previous quarterly earnings report, Oracle was expected to&nbsp;announce EPS&nbsp;of $1.31 per share, but ended up reporting $1.54 per share instead, beating the street by an impressive 17.56%.</p>\n<p><b>Lennar (LEN)</b></p>\n<p>Lennar, the largest homebuilder in the U.S., reports its latest earnings on Sept. 20. And, as always, investors, analysts and economists will be watching closely for signs of health in the American housing market.</p>\n<p>LEN stock has done well this year, rising 33% since January to now trade at just over $100 a share. However, the stock has moved in fits and starts in recent months. In the last 30 days, Lennar’s share price has&nbsp;pulled back 4%&nbsp;from its 52-week high of $110.61. With a trailing price-to-earnings ratio of just 9.79, Lennar’s stock looks undervalued.</p>\n<p>Lennar has been benefitting this year from the booming housing market that has been fueled by low interest rates and a desire for people to upgrade their home during the pandemic. Wall Street certainly has high expectations for the company’s upcoming earnings.</p>\n<p>Analysts are looking for&nbsp;Lennar to report revenues of $6.86 billion, which would be a 17% increase from a year earlier. Earnings per share are forecast to come in at $3.28. With interest rates expected to remain at rock bottom lows until at least the middle of next year, Lennar and its shareholders should continue to reap rewards.</p>\n<p><b>Birks Group (BGI)</b></p>\n<p>Now for a&nbsp;penny stock&nbsp;that has shown real moxie this year. Montreal, Quebec-based jeweler Birks Group is currently estimated to report its earnings on Sept. 16, and the results could extend what has already been&nbsp;an incredible year for BGI stock.</p>\n<p>Since January, Birks Group share price has grown 187%, rising from $0.84 to its current level of $2.50. In March of this year, the stock was as high as $5.43 before retreating by 54% to its current price. The growth (and volatility) in the stock price can be attributed to gradually improving sales as it reopened most of its 29 retail outlets in its native Canada and the U.S.</p>\n<p>Birks should perform well in the final months of the year and during the holidays, which is traditionally the strongest sales period for its jewelry and gift items. Owing to its penny stock status, there are no real analyst forecasts for the company’s upcoming earnings. However, in its&nbsp;previous quarter, the company announced net sales of $143.1 million, a decrease of 15.5% from the year earlier period. Any improvement on the earnings front could help BGI stock rise further and, perhaps, remain above the $5 per share penny stock threshold.</p>","source":"lsy1606302653667","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>3 Upcoming Earnings Reports to Watch</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\">\n3 Upcoming Earnings Reports to Watch\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-12 10:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/earnings-reports-to-watch-next-week/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>These three companies could move the market when they release earnings reports this week\nSource: Shutterstock\nIt’s the tail end of earnings season with only a few notable companies left to issue ...</p>\n\n<a href=\"https://investorplace.com/earnings-reports-to-watch-next-week/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ORCL":"甲骨文","BGI":"Birks Group Inc.","LEN":"莱纳建筑公司"},"source_url":"https://investorplace.com/earnings-reports-to-watch-next-week/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1160482100","content_text":"These three companies could move the market when they release earnings reports this week\nSource: Shutterstock\nIt’s the tail end of earnings season with only a few notable companies left to issue earnings reports. In the coming weeks, we’ll get results from a few influential and closely followed companies, including a major technology firm and homebuilder. These earnings will bring to a close what has been, by all accounts, a stellar season of corporate results.\nOver the past several months, we have witnessed a parade of better-than-expected quarterly earnings from both small and large companies. The strong earnings are expected to continue through the rest of this year, with Wells Fargo(NYSE:WFC) recently forecasting that strong financial results will lift the S&P 500 index a further 8% through the end of December.\nHere are four companies with earnings reports the week of September 13:\n\nOracle(NYSE:ORCL)\nLennar(NYSE:LEN)\nBirks Group(NYSEAMERICAN:BGI)\n\nOracle (ORCL)\nThe lone large cap technology company reporting earnings in the week ahead is database and enterprise software giant Oracle. On Sept. 13, the Austin, Texas-based company will report its fiscal first quarter 2022 results. Any beat to the upside should add to ORCL stock’s already considerable momentum.\nYear-to-date the company’s shares are up almost 40% at a Sept. 10 opening price of just under $90. The latest rally, which has been ongoing since mid-June, could get a second wind if Oracle manages to impress Wall Street with its latest numbers.\nWall Street is looking for Oracle to report revenues of $9.77 billion and earnings per share of $0.97 for its first quarter. Analysts expect the company’s earnings to be powered by its cloud infrastructure business, which has taken off this year as a growing number of businesses accelerate their migration to cloud computing and storage. Oracle is also getting a boost from the rollout of 5G wireless networking. In its previous quarterly earnings report, Oracle was expected to announce EPS of $1.31 per share, but ended up reporting $1.54 per share instead, beating the street by an impressive 17.56%.\nLennar (LEN)\nLennar, the largest homebuilder in the U.S., reports its latest earnings on Sept. 20. And, as always, investors, analysts and economists will be watching closely for signs of health in the American housing market.\nLEN stock has done well this year, rising 33% since January to now trade at just over $100 a share. However, the stock has moved in fits and starts in recent months. In the last 30 days, Lennar’s share price has pulled back 4% from its 52-week high of $110.61. With a trailing price-to-earnings ratio of just 9.79, Lennar’s stock looks undervalued.\nLennar has been benefitting this year from the booming housing market that has been fueled by low interest rates and a desire for people to upgrade their home during the pandemic. Wall Street certainly has high expectations for the company’s upcoming earnings.\nAnalysts are looking for Lennar to report revenues of $6.86 billion, which would be a 17% increase from a year earlier. Earnings per share are forecast to come in at $3.28. With interest rates expected to remain at rock bottom lows until at least the middle of next year, Lennar and its shareholders should continue to reap rewards.\nBirks Group (BGI)\nNow for a penny stock that has shown real moxie this year. Montreal, Quebec-based jeweler Birks Group is currently estimated to report its earnings on Sept. 16, and the results could extend what has already been an incredible year for BGI stock.\nSince January, Birks Group share price has grown 187%, rising from $0.84 to its current level of $2.50. In March of this year, the stock was as high as $5.43 before retreating by 54% to its current price. The growth (and volatility) in the stock price can be attributed to gradually improving sales as it reopened most of its 29 retail outlets in its native Canada and the U.S.\nBirks should perform well in the final months of the year and during the holidays, which is traditionally the strongest sales period for its jewelry and gift items. Owing to its penny stock status, there are no real analyst forecasts for the company’s upcoming earnings. However, in its previous quarter, the company announced net sales of $143.1 million, a decrease of 15.5% from the year earlier period. Any improvement on the earnings front could help BGI stock rise further and, perhaps, remain above the $5 per share penny stock threshold.","news_type":1},"isVote":1,"tweetType":1,"viewCount":174,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":881728498,"gmtCreate":1631407657114,"gmtModify":1676530541407,"author":{"id":"3577917241557928","authorId":"3577917241557928","name":"Andtendo","avatar":"https://static.tigerbbs.com/a36b92c865704901397ab4e190d5ad8a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/881728498","repostId":"2166904370","repostType":4,"isVote":1,"tweetType":1,"viewCount":170,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":883166963,"gmtCreate":1631227842952,"gmtModify":1676530499485,"author":{"id":"3577917241557928","authorId":"3577917241557928","name":"Andtendo","avatar":"https://static.tigerbbs.com/a36b92c865704901397ab4e190d5ad8a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/883166963","repostId":"2166349856","repostType":4,"isVote":1,"tweetType":1,"viewCount":244,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":889880109,"gmtCreate":1631139404601,"gmtModify":1676530475492,"author":{"id":"3577917241557928","authorId":"3577917241557928","name":"Andtendo","avatar":"https://static.tigerbbs.com/a36b92c865704901397ab4e190d5ad8a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like please :)","listText":"Like please :)","text":"Like please :)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/889880109","repostId":"1117517712","repostType":4,"isVote":1,"tweetType":1,"viewCount":150,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":880433820,"gmtCreate":1631070383860,"gmtModify":1676530459245,"author":{"id":"3577917241557928","authorId":"3577917241557928","name":"Andtendo","avatar":"https://static.tigerbbs.com/a36b92c865704901397ab4e190d5ad8a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like please :)","listText":"Like please :)","text":"Like please :)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/880433820","repostId":"1184488523","repostType":4,"repost":{"id":"1184488523","pubTimestamp":1631070273,"share":"https://www.laohu8.com/m/news/1184488523?lang=&edition=full","pubTime":"2021-09-08 11:04","market":"us","language":"en","title":"GameStop’s Earnings Are Coming. Nobody Knows What to Expect—Aside From Volatility.","url":"https://stock-news.laohu8.com/highlight/detail?id=1184488523","media":"Barrons","summary":"After a relatively quiet couple of months, GameStop stock is back in the spotlight. The videogame retailer-turned –meme sensation is set to report July quarter results after the market closes on Wednesday.The consensus among the four analysts still covering the stock and providing estimates to FactSet is that the company  will report a fiscal second-quarter adjusted net loss of 67 cents a share. They forecast sales of about $1.23 billion, down from $1.28 billion in the first quarter but an impro","content":"<p>After a relatively quiet couple of months, GameStop stock is back in the spotlight. The videogame retailer-turned –meme sensation is set to report July quarter results after the market closes on Wednesday.</p>\n<p>The consensus among the four analysts still covering the stock and providing estimates to FactSet is that the company (ticker: GME) will report a fiscal second-quarter adjusted net loss of 67 cents a share. They forecast sales of about $1.23 billion, down from $1.28 billion in the first quarter but an improvement from $942&nbsp;million in the second quarter of last year.</p>\n<p>For Wednesday evening’s report, options markets imply a 9% to 12% move, up or down, after earnings. If the&nbsp;past two reports&nbsp;are any indicator,&nbsp;expect volatility.</p>\n<p>More important to investors will be updates from the company’s new management team. Activist investor and Chewy co-founder Ryan Cohen joined the GameStop board in January—which kickstarted&nbsp;the stock’s initial surge—and&nbsp;became the board’s chairman in June.&nbsp;CEO Matt Furlong and Chief Financial Officer Mike Recupero—both&nbsp;Amazon.com&nbsp;alums—started in their roles at GameStop on June 21 and July 12, respectively, so this will be both executives’ first earnings report.</p>\n<p>Through&nbsp;hiring a swath of executives&nbsp;with substantial e-commerce experience and&nbsp;investing in fulfillment,&nbsp;the company has signaled progress on efforts to revamp GameStop’s digital presence and customer service efforts. Still, Wedbush analyst Michael Pachter told&nbsp;Barron’s&nbsp;the company hasn’t provided any substance to its strategic ambitions.</p>\n<p>“They want to be like Amazon,” Pachter added.&nbsp;“I expect them to keep the mystery alive.”</p>\n<p>In June, Cohen said he wouldn’t make lofty promises&nbsp;or telegraph his strategy to competitors. Still, he listed goals such as “delighting customers and driving shareholder value for the long-term.” A substantive update, or significant progress on its turnaround efforts, could provide a spark for the stock.</p>\n<p>Still, David Trainer, CEO of investment research firm New Constructs, argues shares are trading on meme momentum, rather than fundamentals. He thinks the share price would be closer to $30 if it were trading based on the business’ fundamentals.</p>\n<p>“The business results that are implied in GameStop’s current stock price are far, far beyond what any reasonable person might expect the company to achieve,” Trainer says. “Even if GameStop’s management transforms the business into a wildly larger and more profitable enterprise, the stock isn’t likely to move higher because that business momentum is already priced-in.”</p>\n<p><img src=\"https://static.tigerbbs.com/bc8011722098e7615e83dd0aa358901e\" tg-width=\"1068\" tg-height=\"1248\" width=\"100%\" height=\"auto\"></p>\n<p>With GameStop shares down 1.9% to $199 on Tuesday, the stock was still up 2,500% in the past year and 956% year-to-date. Shares were down 34% from their close on June 7. While it’s difficult to nail down what moves GameStop stock on any given day,&nbsp;short seller activity,&nbsp;options volume, momentum trading, and&nbsp;online chatter&nbsp;are among the nonfundamental factors to consider.</p>\n<p>Ihor Dusaniwsky, managing director at short-selling analytics provider S3 Partners, estimates GameStop’s short interest sits at $1.41 billion. His estimate at 6.94 million shares shorted represents roughly 11% of shares available for trading.</p>\n<p>“Over the past week we saw significant short covering,” Dusaniwsky says, noting shares shorted decreased by about 306,000 shares, worth $62 million, even as the stock price fell</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>GameStop’s Earnings Are Coming. Nobody Knows What to Expect—Aside From Volatility.</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\">\nGameStop’s Earnings Are Coming. Nobody Knows What to Expect—Aside From Volatility.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-08 11:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/gamestop-earnings-51631050837?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>After a relatively quiet couple of months, GameStop stock is back in the spotlight. The videogame retailer-turned –meme sensation is set to report July quarter results after the market closes on ...</p>\n\n<a href=\"https://www.barrons.com/articles/gamestop-earnings-51631050837?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://www.barrons.com/articles/gamestop-earnings-51631050837?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184488523","content_text":"After a relatively quiet couple of months, GameStop stock is back in the spotlight. The videogame retailer-turned –meme sensation is set to report July quarter results after the market closes on Wednesday.\nThe consensus among the four analysts still covering the stock and providing estimates to FactSet is that the company (ticker: GME) will report a fiscal second-quarter adjusted net loss of 67 cents a share. They forecast sales of about $1.23 billion, down from $1.28 billion in the first quarter but an improvement from $942 million in the second quarter of last year.\nFor Wednesday evening’s report, options markets imply a 9% to 12% move, up or down, after earnings. If the past two reports are any indicator, expect volatility.\nMore important to investors will be updates from the company’s new management team. Activist investor and Chewy co-founder Ryan Cohen joined the GameStop board in January—which kickstarted the stock’s initial surge—and became the board’s chairman in June. CEO Matt Furlong and Chief Financial Officer Mike Recupero—both Amazon.com alums—started in their roles at GameStop on June 21 and July 12, respectively, so this will be both executives’ first earnings report.\nThrough hiring a swath of executives with substantial e-commerce experience and investing in fulfillment, the company has signaled progress on efforts to revamp GameStop’s digital presence and customer service efforts. Still, Wedbush analyst Michael Pachter told Barron’s the company hasn’t provided any substance to its strategic ambitions.\n“They want to be like Amazon,” Pachter added. “I expect them to keep the mystery alive.”\nIn June, Cohen said he wouldn’t make lofty promises or telegraph his strategy to competitors. Still, he listed goals such as “delighting customers and driving shareholder value for the long-term.” A substantive update, or significant progress on its turnaround efforts, could provide a spark for the stock.\nStill, David Trainer, CEO of investment research firm New Constructs, argues shares are trading on meme momentum, rather than fundamentals. He thinks the share price would be closer to $30 if it were trading based on the business’ fundamentals.\n“The business results that are implied in GameStop’s current stock price are far, far beyond what any reasonable person might expect the company to achieve,” Trainer says. “Even if GameStop’s management transforms the business into a wildly larger and more profitable enterprise, the stock isn’t likely to move higher because that business momentum is already priced-in.”\n\nWith GameStop shares down 1.9% to $199 on Tuesday, the stock was still up 2,500% in the past year and 956% year-to-date. Shares were down 34% from their close on June 7. While it’s difficult to nail down what moves GameStop stock on any given day, short seller activity, options volume, momentum trading, and online chatter are among the nonfundamental factors to consider.\nIhor Dusaniwsky, managing director at short-selling analytics provider S3 Partners, estimates GameStop’s short interest sits at $1.41 billion. His estimate at 6.94 million shares shorted represents roughly 11% of shares available for trading.\n“Over the past week we saw significant short covering,” Dusaniwsky says, noting shares shorted decreased by about 306,000 shares, worth $62 million, even as the stock price fell","news_type":1},"isVote":1,"tweetType":1,"viewCount":271,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":817217222,"gmtCreate":1630969207666,"gmtModify":1676530428069,"author":{"id":"3577917241557928","authorId":"3577917241557928","name":"Andtendo","avatar":"https://static.tigerbbs.com/a36b92c865704901397ab4e190d5ad8a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/817217222","repostId":"1119922424","repostType":4,"repost":{"id":"1119922424","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":1630968291,"share":"https://www.laohu8.com/m/news/1119922424?lang=&edition=full","pubTime":"2021-09-07 06:44","market":"us","language":"en","title":"Ryanair ends jet order talks with Boeing amid price dispute","url":"https://stock-news.laohu8.com/highlight/detail?id=1119922424","media":"Reuters","summary":"DUBLIN, Sept 6 (Reuters) - Boeing faces a standoff with one of its biggest customers after Ireland's","content":"<p>DUBLIN, Sept 6 (Reuters) - Boeing&nbsp;faces a standoff with one of its biggest customers after Ireland's Ryanair&nbsp;said it had ended talks over a purchase of 737 MAX 10 jets worth tens of billions of dollars due to differences over price.</p>\n<p>The rare decision to go public over big-ticket airplane negotiations comes after months of wrangling that had already delayed a deal for the largest version of the 737 MAX when Ryanair re-ordered a smaller model in December.</p>\n<p>A large new Ryanair order would provide a boost to the U.S. planemaker as it rebuilds confidence in the MAX, grounded for 20 months until November after two fatal crashes. It would also speed a tentative industry recovery from the COVID-19 pandemic.</p>\n<p>Europe's largest budget carrier is already the region's largest MAX customer with 210 of the 197-seat MAX 8-200 on order. It has dangled a fresh order potentially worth $33 billion at list prices for up to 250 of the 230-seat MAX 10.</p>\n<p>Even after steep industry-wide discounts such a deal would still be worth well over $10 billion, analysts estimate.</p>\n<p>But last week, Ryanair Group Chief Executive Michael O'Leary poured cold water on chances of a quick deal, saying he would be surprised if agreement was reached this year.</p>\n<p>On Monday, he said talks had collapsed.</p>\n<p>\"We are disappointed we couldn’t reach agreement,\" O'Leary said. \"However, Boeing have a more optimistic outlook on aircraft pricing than we do, and we have a disciplined track record of not paying high prices for aircraft.\"</p>\n<p>Boeing also vowed to exercise discipline.</p>\n<p>\"Ryanair is a long-standing partner. We value their business and are committed to supporting them,\" a Boeing spokesperson said. \"At the same time, we continue to be disciplined and make decisions that make sense for our customers and our company.\"</p>\n<p>Ryanair shares rose 1.8%. U.S. markets, where Boeing is listed, were closed for the Labor Day holiday.</p>\n<p><b>HIGHER VALUES</b></p>\n<p>While Ryanair has nominally ended talks, analysts said it is gambling that public pressure will lure Boeing to the table with an improved offer as the planemaker juggles the fallout from the MAX crisis, uncertainty over COVID-19 and industrial woes.</p>\n<p>Boeing, however, appears to believe the market is finally moving in its direction after winning a series of orders including 150 MAX 10 from United Airlines.</p>\n<p>Industry experts say Ryanair is one of two budget kingpins alongside Southwest that can insist on best prices from Boeing.</p>\n<p>The spread of COVID-19 variants and public acceptance of the MAX will help determine whether prices have further room to fall or whether Ryanair, one the industry's toughest negotiators, has missed the bottom of the market for the largest MAX model.</p>\n<p>\"MAX values have increased very slightly as inventory declines,\" said Rob Morris, chief consultant at Ascend by Cirium. \"We are hearing less about some of the low prices.\"</p>\n<p>The MAX 10 has yet to enter service but estimated values for the slightly smaller MAX 9 have risen 2% recently, though are still 9-10% below levels before the MAX crisis, he said.</p>\n<p>Despite the rift with Boeing, O'Leary has repeatedly played down the prospect of a dramatic defection to rival Airbus(AIR.PA)due to a long waiting list for its hot-selling A321neo. The two companies have had tense relations in the past.</p>\n<p>On Monday, O'Leary did however pointedly refer to the fact that other Boeing customers had done deals with Airbus.</p>\n<p>Britain's Jet2&nbsp;last week closed a deal for 36 A321 neo aircraft worth about $4.9 billion.read more. Delt, which buys from both suppliers, in August added 30 A321neo to its order book with Airbus.</p>\n<p>Still, industry sources said Airbus may be wary of diluting what it sees as a price advantage for its A321neo by getting dragged into a price war over Ryanair that few expect it to win.</p>\n<p>\"It is likely Boeing and Ryanair will eventually cut a deal,\" one industry veteran said.</p>\n<p>Airbus declined comment.</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>Ryanair ends jet order talks with Boeing amid price dispute</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\">\nRyanair ends jet order talks with Boeing amid price dispute\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\">2021-09-07 06:44</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>DUBLIN, Sept 6 (Reuters) - Boeing&nbsp;faces a standoff with one of its biggest customers after Ireland's Ryanair&nbsp;said it had ended talks over a purchase of 737 MAX 10 jets worth tens of billions of dollars due to differences over price.</p>\n<p>The rare decision to go public over big-ticket airplane negotiations comes after months of wrangling that had already delayed a deal for the largest version of the 737 MAX when Ryanair re-ordered a smaller model in December.</p>\n<p>A large new Ryanair order would provide a boost to the U.S. planemaker as it rebuilds confidence in the MAX, grounded for 20 months until November after two fatal crashes. It would also speed a tentative industry recovery from the COVID-19 pandemic.</p>\n<p>Europe's largest budget carrier is already the region's largest MAX customer with 210 of the 197-seat MAX 8-200 on order. It has dangled a fresh order potentially worth $33 billion at list prices for up to 250 of the 230-seat MAX 10.</p>\n<p>Even after steep industry-wide discounts such a deal would still be worth well over $10 billion, analysts estimate.</p>\n<p>But last week, Ryanair Group Chief Executive Michael O'Leary poured cold water on chances of a quick deal, saying he would be surprised if agreement was reached this year.</p>\n<p>On Monday, he said talks had collapsed.</p>\n<p>\"We are disappointed we couldn’t reach agreement,\" O'Leary said. \"However, Boeing have a more optimistic outlook on aircraft pricing than we do, and we have a disciplined track record of not paying high prices for aircraft.\"</p>\n<p>Boeing also vowed to exercise discipline.</p>\n<p>\"Ryanair is a long-standing partner. We value their business and are committed to supporting them,\" a Boeing spokesperson said. \"At the same time, we continue to be disciplined and make decisions that make sense for our customers and our company.\"</p>\n<p>Ryanair shares rose 1.8%. U.S. markets, where Boeing is listed, were closed for the Labor Day holiday.</p>\n<p><b>HIGHER VALUES</b></p>\n<p>While Ryanair has nominally ended talks, analysts said it is gambling that public pressure will lure Boeing to the table with an improved offer as the planemaker juggles the fallout from the MAX crisis, uncertainty over COVID-19 and industrial woes.</p>\n<p>Boeing, however, appears to believe the market is finally moving in its direction after winning a series of orders including 150 MAX 10 from United Airlines.</p>\n<p>Industry experts say Ryanair is one of two budget kingpins alongside Southwest that can insist on best prices from Boeing.</p>\n<p>The spread of COVID-19 variants and public acceptance of the MAX will help determine whether prices have further room to fall or whether Ryanair, one the industry's toughest negotiators, has missed the bottom of the market for the largest MAX model.</p>\n<p>\"MAX values have increased very slightly as inventory declines,\" said Rob Morris, chief consultant at Ascend by Cirium. \"We are hearing less about some of the low prices.\"</p>\n<p>The MAX 10 has yet to enter service but estimated values for the slightly smaller MAX 9 have risen 2% recently, though are still 9-10% below levels before the MAX crisis, he said.</p>\n<p>Despite the rift with Boeing, O'Leary has repeatedly played down the prospect of a dramatic defection to rival Airbus(AIR.PA)due to a long waiting list for its hot-selling A321neo. The two companies have had tense relations in the past.</p>\n<p>On Monday, O'Leary did however pointedly refer to the fact that other Boeing customers had done deals with Airbus.</p>\n<p>Britain's Jet2&nbsp;last week closed a deal for 36 A321 neo aircraft worth about $4.9 billion.read more. Delt, which buys from both suppliers, in August added 30 A321neo to its order book with Airbus.</p>\n<p>Still, industry sources said Airbus may be wary of diluting what it sees as a price advantage for its A321neo by getting dragged into a price war over Ryanair that few expect it to win.</p>\n<p>\"It is likely Boeing and Ryanair will eventually cut a deal,\" one industry veteran said.</p>\n<p>Airbus declined comment.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RYAAY":"Ryanair Holdings plc","BA":"波音"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1119922424","content_text":"DUBLIN, Sept 6 (Reuters) - Boeing faces a standoff with one of its biggest customers after Ireland's Ryanair said it had ended talks over a purchase of 737 MAX 10 jets worth tens of billions of dollars due to differences over price.\nThe rare decision to go public over big-ticket airplane negotiations comes after months of wrangling that had already delayed a deal for the largest version of the 737 MAX when Ryanair re-ordered a smaller model in December.\nA large new Ryanair order would provide a boost to the U.S. planemaker as it rebuilds confidence in the MAX, grounded for 20 months until November after two fatal crashes. It would also speed a tentative industry recovery from the COVID-19 pandemic.\nEurope's largest budget carrier is already the region's largest MAX customer with 210 of the 197-seat MAX 8-200 on order. It has dangled a fresh order potentially worth $33 billion at list prices for up to 250 of the 230-seat MAX 10.\nEven after steep industry-wide discounts such a deal would still be worth well over $10 billion, analysts estimate.\nBut last week, Ryanair Group Chief Executive Michael O'Leary poured cold water on chances of a quick deal, saying he would be surprised if agreement was reached this year.\nOn Monday, he said talks had collapsed.\n\"We are disappointed we couldn’t reach agreement,\" O'Leary said. \"However, Boeing have a more optimistic outlook on aircraft pricing than we do, and we have a disciplined track record of not paying high prices for aircraft.\"\nBoeing also vowed to exercise discipline.\n\"Ryanair is a long-standing partner. We value their business and are committed to supporting them,\" a Boeing spokesperson said. \"At the same time, we continue to be disciplined and make decisions that make sense for our customers and our company.\"\nRyanair shares rose 1.8%. U.S. markets, where Boeing is listed, were closed for the Labor Day holiday.\nHIGHER VALUES\nWhile Ryanair has nominally ended talks, analysts said it is gambling that public pressure will lure Boeing to the table with an improved offer as the planemaker juggles the fallout from the MAX crisis, uncertainty over COVID-19 and industrial woes.\nBoeing, however, appears to believe the market is finally moving in its direction after winning a series of orders including 150 MAX 10 from United Airlines.\nIndustry experts say Ryanair is one of two budget kingpins alongside Southwest that can insist on best prices from Boeing.\nThe spread of COVID-19 variants and public acceptance of the MAX will help determine whether prices have further room to fall or whether Ryanair, one the industry's toughest negotiators, has missed the bottom of the market for the largest MAX model.\n\"MAX values have increased very slightly as inventory declines,\" said Rob Morris, chief consultant at Ascend by Cirium. \"We are hearing less about some of the low prices.\"\nThe MAX 10 has yet to enter service but estimated values for the slightly smaller MAX 9 have risen 2% recently, though are still 9-10% below levels before the MAX crisis, he said.\nDespite the rift with Boeing, O'Leary has repeatedly played down the prospect of a dramatic defection to rival Airbus(AIR.PA)due to a long waiting list for its hot-selling A321neo. The two companies have had tense relations in the past.\nOn Monday, O'Leary did however pointedly refer to the fact that other Boeing customers had done deals with Airbus.\nBritain's Jet2 last week closed a deal for 36 A321 neo aircraft worth about $4.9 billion.read more. Delt, which buys from both suppliers, in August added 30 A321neo to its order book with Airbus.\nStill, industry sources said Airbus may be wary of diluting what it sees as a price advantage for its A321neo by getting dragged into a price war over Ryanair that few expect it to win.\n\"It is likely Boeing and Ryanair will eventually cut a deal,\" one industry veteran said.\nAirbus declined comment.","news_type":1},"isVote":1,"tweetType":1,"viewCount":135,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":814455497,"gmtCreate":1630881219719,"gmtModify":1676530408251,"author":{"id":"3577917241557928","authorId":"3577917241557928","name":"Andtendo","avatar":"https://static.tigerbbs.com/a36b92c865704901397ab4e190d5ad8a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/814455497","repostId":"2164808914","repostType":4,"isVote":1,"tweetType":1,"viewCount":77,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":814169156,"gmtCreate":1630798097775,"gmtModify":1676530394714,"author":{"id":"3577917241557928","authorId":"3577917241557928","name":"Andtendo","avatar":"https://static.tigerbbs.com/a36b92c865704901397ab4e190d5ad8a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like please :)","listText":"Like please :)","text":"Like please :)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/814169156","repostId":"2164803413","repostType":4,"repost":{"id":"2164803413","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":1630703820,"share":"https://www.laohu8.com/m/news/2164803413?lang=&edition=full","pubTime":"2021-09-04 05:17","market":"us","language":"en","title":"Lyft, Uber promise to cover legal fees for drivers targeted under Texas abortion law","url":"https://stock-news.laohu8.com/highlight/detail?id=2164803413","media":"Dow Jones","summary":"Lyft CEO establishes a legal-defense fund and pledges $1 million to Planned Parenthood, Uber CEO twe","content":"<blockquote>\n <b>Lyft CEO establishes a legal-defense fund and pledges $1 million to Planned Parenthood, Uber CEO tweets 'Team Uber is in too and will cover legal fees in the same way'.</b>\n</blockquote>\n<p>Lyft Inc. executives plan to create a legal-defense fund for drivers in response to a Texas law that severely restricts abortions, and rival Uber Technologies Inc. is doing the same.</p>\n<p>Lyft <a href=\"https://laohu8.com/S/LYFT\">$(LYFT)$</a> CEO Logan Green made the announcement on <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> on Friday, adding that the ride-hailing company would also donate $1 million to Planned Parenthood.</p>\n<p>Less than two hours later, the CEO of Lyft competitor Uber Technologies Inc. <a href=\"https://laohu8.com/S/UBER\">$(UBER)$</a>, Dara Khosrowshahi, responded to Green's tweet and said his rival company would also cover legal fees.</p>\n<p>In a blog post, Lyft's cofounders and general counsel wrote that the company has created a legal-defense fund for drivers to cover 100% of their legal fees if they are sued under S.B. 8, the Texas law that the Supreme Court recently declined to block, and prohibits abortions once cardiac activity can be detected, about six weeks into a pregnancy.</p>\n<p>Under the Texas law, private citizens can sue anyone who \"aids or abets\" an abortion that is performed after the six-week gestation period, potentially putting not just Lyft drivers, but any driver, at risk of a lawsuit for transporting a person to an abortion procedure.</p>\n<p>\"We want to be clear: Drivers are never responsible for monitoring where their riders go or why,\" the blog post reads. \"Imagine being a driver and not knowing if you are breaking the law by giving someone a ride.\"</p>\n<p>\"Similarly, riders never have to justify, or even share, where they are going and why. Imagine being a pregnant woman trying to get to a healthcare appointment and not knowing if your driver will cancel on you for fear of breaking a law. Both are completely unacceptable.\"</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>Lyft, Uber promise to cover legal fees for drivers targeted under Texas abortion law</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\">\nLyft, Uber promise to cover legal fees for drivers targeted under Texas abortion law\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\">2021-09-04 05:17</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<blockquote>\n <b>Lyft CEO establishes a legal-defense fund and pledges $1 million to Planned Parenthood, Uber CEO tweets 'Team Uber is in too and will cover legal fees in the same way'.</b>\n</blockquote>\n<p>Lyft Inc. executives plan to create a legal-defense fund for drivers in response to a Texas law that severely restricts abortions, and rival Uber Technologies Inc. is doing the same.</p>\n<p>Lyft <a href=\"https://laohu8.com/S/LYFT\">$(LYFT)$</a> CEO Logan Green made the announcement on <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> on Friday, adding that the ride-hailing company would also donate $1 million to Planned Parenthood.</p>\n<p>Less than two hours later, the CEO of Lyft competitor Uber Technologies Inc. <a href=\"https://laohu8.com/S/UBER\">$(UBER)$</a>, Dara Khosrowshahi, responded to Green's tweet and said his rival company would also cover legal fees.</p>\n<p>In a blog post, Lyft's cofounders and general counsel wrote that the company has created a legal-defense fund for drivers to cover 100% of their legal fees if they are sued under S.B. 8, the Texas law that the Supreme Court recently declined to block, and prohibits abortions once cardiac activity can be detected, about six weeks into a pregnancy.</p>\n<p>Under the Texas law, private citizens can sue anyone who \"aids or abets\" an abortion that is performed after the six-week gestation period, potentially putting not just Lyft drivers, but any driver, at risk of a lawsuit for transporting a person to an abortion procedure.</p>\n<p>\"We want to be clear: Drivers are never responsible for monitoring where their riders go or why,\" the blog post reads. \"Imagine being a driver and not knowing if you are breaking the law by giving someone a ride.\"</p>\n<p>\"Similarly, riders never have to justify, or even share, where they are going and why. Imagine being a pregnant woman trying to get to a healthcare appointment and not knowing if your driver will cancel on you for fear of breaking a law. Both are completely unacceptable.\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LYFT":"Lyft, Inc.","UBER":"优步"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2164803413","content_text":"Lyft CEO establishes a legal-defense fund and pledges $1 million to Planned Parenthood, Uber CEO tweets 'Team Uber is in too and will cover legal fees in the same way'.\n\nLyft Inc. executives plan to create a legal-defense fund for drivers in response to a Texas law that severely restricts abortions, and rival Uber Technologies Inc. is doing the same.\nLyft $(LYFT)$ CEO Logan Green made the announcement on Twitter on Friday, adding that the ride-hailing company would also donate $1 million to Planned Parenthood.\nLess than two hours later, the CEO of Lyft competitor Uber Technologies Inc. $(UBER)$, Dara Khosrowshahi, responded to Green's tweet and said his rival company would also cover legal fees.\nIn a blog post, Lyft's cofounders and general counsel wrote that the company has created a legal-defense fund for drivers to cover 100% of their legal fees if they are sued under S.B. 8, the Texas law that the Supreme Court recently declined to block, and prohibits abortions once cardiac activity can be detected, about six weeks into a pregnancy.\nUnder the Texas law, private citizens can sue anyone who \"aids or abets\" an abortion that is performed after the six-week gestation period, potentially putting not just Lyft drivers, but any driver, at risk of a lawsuit for transporting a person to an abortion procedure.\n\"We want to be clear: Drivers are never responsible for monitoring where their riders go or why,\" the blog post reads. \"Imagine being a driver and not knowing if you are breaking the law by giving someone a ride.\"\n\"Similarly, riders never have to justify, or even share, where they are going and why. Imagine being a pregnant woman trying to get to a healthcare appointment and not knowing if your driver will cancel on you for fear of breaking a law. Both are completely unacceptable.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":117,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":812708310,"gmtCreate":1630622130930,"gmtModify":1676530356333,"author":{"id":"3577917241557928","authorId":"3577917241557928","name":"Andtendo","avatar":"https://static.tigerbbs.com/a36b92c865704901397ab4e190d5ad8a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like please :)","listText":"Like please :)","text":"Like please :)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/812708310","repostId":"2164296738","repostType":4,"isVote":1,"tweetType":1,"viewCount":149,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":811370627,"gmtCreate":1630292625069,"gmtModify":1676530259466,"author":{"id":"3577917241557928","authorId":"3577917241557928","name":"Andtendo","avatar":"https://static.tigerbbs.com/a36b92c865704901397ab4e190d5ad8a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like please :)","listText":"Like please :)","text":"Like please :)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/811370627","repostId":"1122849091","repostType":4,"repost":{"id":"1122849091","pubTimestamp":1630289104,"share":"https://www.laohu8.com/m/news/1122849091?lang=&edition=full","pubTime":"2021-08-30 10:05","market":"hk","language":"en","title":"Hong Kong: Shares start flat","url":"https://stock-news.laohu8.com/highlight/detail?id=1122849091","media":"AFP","summary":"[HONG KONG] Hong Kong stocks were barely moved at the start of business Monday morning as investors ","content":"<p>[HONG KONG] Hong Kong stocks were barely moved at the start of business Monday morning as investors struggled to follow up a record close on Wall Street that came after Federal Reserve boss Jerome Powell indicated the bank would be cautious in winding back monetary policy.</p>\n<p>The Hang Seng Index inched down 1.40 points to 25,406.49.</p>\n<p>The Shanghai Composite added 0.37 per cent or 12.92 points to 3,535.07, while the Shenzhen Composite Index on China's second exchange rose 0.20 per cent or 4.76 points to 2,444.45.</p>","source":"lsy1605843958005","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>Hong Kong: Shares start flat</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; 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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\">\nHong Kong: Shares start flat\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-30 10:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.businesstimes.com.sg/stocks/hong-kong-shares-start-flat><strong>AFP</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>[HONG KONG] Hong Kong stocks were barely moved at the start of business Monday morning as investors struggled to follow up a record close on Wall Street that came after Federal Reserve boss Jerome ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/stocks/hong-kong-shares-start-flat\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSI":"恒生指数"},"source_url":"https://www.businesstimes.com.sg/stocks/hong-kong-shares-start-flat","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122849091","content_text":"[HONG KONG] Hong Kong stocks were barely moved at the start of business Monday morning as investors struggled to follow up a record close on Wall Street that came after Federal Reserve boss Jerome Powell indicated the bank would be cautious in winding back monetary policy.\nThe Hang Seng Index inched down 1.40 points to 25,406.49.\nThe Shanghai Composite added 0.37 per cent or 12.92 points to 3,535.07, while the Shenzhen Composite Index on China's second exchange rose 0.20 per cent or 4.76 points to 2,444.45.","news_type":1},"isVote":1,"tweetType":1,"viewCount":81,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":813202539,"gmtCreate":1630202762121,"gmtModify":1676530241998,"author":{"id":"3577917241557928","authorId":"3577917241557928","name":"Andtendo","avatar":"https://static.tigerbbs.com/a36b92c865704901397ab4e190d5ad8a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/813202539","repostId":"2163079604","repostType":4,"repost":{"id":"2163079604","pubTimestamp":1630200486,"share":"https://www.laohu8.com/m/news/2163079604?lang=&edition=full","pubTime":"2021-08-29 09:28","market":"us","language":"en","title":"Tesla's Musk signals concerns over Nvidia deal for UK chip maker -The Telegraph","url":"https://stock-news.laohu8.com/highlight/detail?id=2163079604","media":"Reuters","summary":"Aug 28  - Tesla Inc Chief Executive Elon Musk has signaled competition concerns over Nvidia Corp's planned purchase of British chip designer Arm, the Telegraph reported on Saturday, citing multiple sources.E-commerce giant Amazon.com Inc and smartphone maker Samsung Electronics Co Ltd have also lodged opposition to the deal with U.S. authorities, the newspaper reported.Earlier this year, the U.S. Federal Trade Commission opened an in-depth probe into the takeover. The probe findings are expected","content":"<p>Aug 28 (Reuters) - Tesla Inc Chief Executive Elon Musk has signaled competition concerns over Nvidia Corp's planned purchase of British chip designer Arm, the Telegraph reported on Saturday, citing multiple sources.</p>\n<p>E-commerce giant Amazon.com Inc and smartphone maker Samsung Electronics Co Ltd have also lodged opposition to the deal with U.S. authorities, the newspaper reported.</p>\n<p>Earlier this year, the U.S. Federal Trade Commission opened an in-depth probe into the takeover. The probe findings are expected in the coming weeks, according to the newspaper.</p>\n<p>Tesla, Amazon, Samsung and Nvidia did not immediately respond to a Reuters request for comment.</p>\n<p>Nvidia is likely to seek European Union antitrust approval for the $54 billion purchase of Arm early next month, with regulators expected to launch a full-scale investigation after a preliminary review, people familiar with the matter have said. (Reporting by Aishwarya Nair in Bengaluru)</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>Tesla's Musk signals concerns over Nvidia deal for UK chip maker -The Telegraph</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's Musk signals concerns over Nvidia deal for UK chip maker -The Telegraph\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-29 09:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/teslas-musk-signals-concerns-over-012806187.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Aug 28 (Reuters) - Tesla Inc Chief Executive Elon Musk has signaled competition concerns over Nvidia Corp's planned purchase of British chip designer Arm, the Telegraph reported on Saturday, citing ...</p>\n\n<a href=\"https://finance.yahoo.com/news/teslas-musk-signals-concerns-over-012806187.html\">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","NVDA":"英伟达"},"source_url":"https://finance.yahoo.com/news/teslas-musk-signals-concerns-over-012806187.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2163079604","content_text":"Aug 28 (Reuters) - Tesla Inc Chief Executive Elon Musk has signaled competition concerns over Nvidia Corp's planned purchase of British chip designer Arm, the Telegraph reported on Saturday, citing multiple sources.\nE-commerce giant Amazon.com Inc and smartphone maker Samsung Electronics Co Ltd have also lodged opposition to the deal with U.S. authorities, the newspaper reported.\nEarlier this year, the U.S. Federal Trade Commission opened an in-depth probe into the takeover. The probe findings are expected in the coming weeks, according to the newspaper.\nTesla, Amazon, Samsung and Nvidia did not immediately respond to a Reuters request for comment.\nNvidia is likely to seek European Union antitrust approval for the $54 billion purchase of Arm early next month, with regulators expected to launch a full-scale investigation after a preliminary review, people familiar with the matter have said. (Reporting by Aishwarya Nair in Bengaluru)","news_type":1},"isVote":1,"tweetType":1,"viewCount":140,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":810743499,"gmtCreate":1630019369911,"gmtModify":1676530199431,"author":{"id":"3577917241557928","authorId":"3577917241557928","name":"Andtendo","avatar":"https://static.tigerbbs.com/a36b92c865704901397ab4e190d5ad8a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like please :)","listText":"Like please :)","text":"Like please :)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/810743499","repostId":"2162018921","repostType":4,"repost":{"id":"2162018921","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":1629993272,"share":"https://www.laohu8.com/m/news/2162018921?lang=&edition=full","pubTime":"2021-08-26 23:54","market":"hk","language":"en","title":"These 20 'left behind' stocks among the S&P 500 are expected to rise up to 59% over 12 months","url":"https://stock-news.laohu8.com/highlight/detail?id=2162018921","media":"Dow Jones","summary":"Some surprises among the small number of stocks that are down for 2021\nThe S&P 500 index closed at a","content":"<p>Some surprises among the small number of stocks that are down for 2021</p>\n<p>The S&amp;P 500 index closed at another all-time high on Wednesday, its 51st record this year. Success has been widespread, with 250 of the S&amp;P 500 outperforming the index as a whole. But there are always some stocks left behind, including the list of highly regarded names below.</p>\n<p><a href=\"https://laohu8.com/S/FBNC\">First</a>, consider how well the S&amp;P 500 has been performing. It was up 20.8% for 2021 through Aug. 25, with dividends reinvested. That follows returns of 32.5% in 2020 and 31.5% in 2019. The index has returned 88.1% since the end of 2018. All performance figures in this article include reinvested dividends.</p>\n<p>If we even out the numbers, the S&amp;P 500 has returned 65% for three years, 128% for five years and 375% for 10 years, underlining the case for stocks as the ideal asset class for most long-term investors. Performance slips if we go out 15 years to cover the 2008 financial crisis, with a return of 367%.</p>\n<p>Stocks left behind in 2021 that may have great potential for investors</p>\n<p>Through Aug. 25, 58 of the S&amp;P 500 components were down for 2021. Among those stocks, 33 have majority \"buy\" ratings among analysts polled by FactSet. Here are the 20 that the analysts expect to perform the best over the next 12 months, along with their forward price-to-earnings ratios:</p>\n<table>\n <tbody>\n  <tr>\n   <td>Company</td>\n   <td><a href=\"https://laohu8.com/S/TSS\">Total</a> return -- 2021</td>\n   <td>Share \"buy\" ratings</td>\n   <td>Closing price -- Aug. 25</td>\n   <td>Consensus price target</td>\n   <td>Implied 12-month upside potential</td>\n   <td><a href=\"https://laohu8.com/S/FORD\">Forward</a> P/E</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/MU\">Micron Technology</a> Inc. MU</td>\n   <td>-2%</td>\n   <td>85%</td>\n   <td>$74.04</td>\n   <td>$117.79</td>\n   <td>59%</td>\n   <td>7.0</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/LVS\">Las Vegas Sands</a> Corp. LVS</td>\n   <td>-27%</td>\n   <td>63%</td>\n   <td>$43.24</td>\n   <td>$64.38</td>\n   <td>49%</td>\n   <td>44.7</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/ATVI\">Activision Blizzard</a> Inc. ATVI</td>\n   <td>-13%</td>\n   <td>91%</td>\n   <td>$80.81</td>\n   <td>$116.04</td>\n   <td>44%</td>\n   <td>21.1</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/GPN\">Global Payments</a> Inc. GPN</td>\n   <td>-23%</td>\n   <td>81%</td>\n   <td>$165.25</td>\n   <td>$228.69</td>\n   <td>38%</td>\n   <td>18.6</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/INCY\">Incyte</a> Corp. INCY</td>\n   <td>-13%</td>\n   <td>60%</td>\n   <td>$75.76</td>\n   <td>$102.47</td>\n   <td>35%</td>\n   <td>32.2</td>\n  </tr>\n  <tr>\n   <td>NOV Inc. NOV</td>\n   <td>-3%</td>\n   <td>59%</td>\n   <td>$13.26</td>\n   <td>$17.58</td>\n   <td>33%</td>\n   <td>N/A</td>\n  </tr>\n  <tr>\n   <td>$Take-<a href=\"https://laohu8.com/S/TWOA.U\">Two</a> Interactive Software(TTWO)$ Inc. TTWO</td>\n   <td>-23%</td>\n   <td>70%</td>\n   <td>$160.66</td>\n   <td>$212.87</td>\n   <td>32%</td>\n   <td>34.2</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/FMC\">FMC Corp.</a> FMC</td>\n   <td>-18%</td>\n   <td>75%</td>\n   <td>$92.90</td>\n   <td>$122.89</td>\n   <td>32%</td>\n   <td>12.8</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/VRTX\">Vertex Pharmaceuticals</a> Inc. VRTX</td>\n   <td>-15%</td>\n   <td>78%</td>\n   <td>$201.33</td>\n   <td>$262.14</td>\n   <td>30%</td>\n   <td>16.2</td>\n  </tr>\n  <tr>\n   <td>Newmont Corp. NEM</td>\n   <td>-3%</td>\n   <td>71%</td>\n   <td>$56.91</td>\n   <td>$73.57</td>\n   <td>29%</td>\n   <td>16.3</td>\n  </tr>\n  <tr>\n   <td>Lamb Weston Holdings Inc. LW</td>\n   <td>-15%</td>\n   <td>78%</td>\n   <td>$66.09</td>\n   <td>$85.43</td>\n   <td>29%</td>\n   <td>26.5</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/QCOM\">Qualcomm</a> Inc. QCOM</td>\n   <td>-5%</td>\n   <td>64%</td>\n   <td>$143.87</td>\n   <td>$184.15</td>\n   <td>28%</td>\n   <td>15.9</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/FIS\">Fidelity National Information</a> Services Inc. FIS</td>\n   <td>-8%</td>\n   <td>69%</td>\n   <td>$130.01</td>\n   <td>$165.93</td>\n   <td>28%</td>\n   <td>18.3</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/PENN\">Penn National Gaming</a> Inc. PENN</td>\n   <td>-7%</td>\n   <td>67%</td>\n   <td>$79.92</td>\n   <td>$101.50</td>\n   <td>27%</td>\n   <td>26.3</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/BAX\">Baxter</a> International Inc. BAX</td>\n   <td>-7%</td>\n   <td>53%</td>\n   <td>$73.80</td>\n   <td>$92.56</td>\n   <td>25%</td>\n   <td>19.5</td>\n  </tr>\n  <tr>\n   <td>V.F. Corp. VFC</td>\n   <td>-9%</td>\n   <td>68%</td>\n   <td>$77.06</td>\n   <td>$96.59</td>\n   <td>25%</td>\n   <td>23.1</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/ZBH\">Zimmer Biomet Holdings Inc</a>. ZBH</td>\n   <td>-2%</td>\n   <td>79%</td>\n   <td>$150.39</td>\n   <td>$187.58</td>\n   <td>25%</td>\n   <td>18.1</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/STZ\">Constellation Brands Inc</a>. Class A STZ</td>\n   <td>-1%</td>\n   <td>71%</td>\n   <td>$214.98</td>\n   <td>$265.86</td>\n   <td>24%</td>\n   <td>20.6</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/WYNN\">Wynn</a> Resorts Ltd. WYNN</td>\n   <td>-11%</td>\n   <td>54%</td>\n   <td>$100.84</td>\n   <td>$123.45</td>\n   <td>22%</td>\n   <td>N/A</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/EA\">Electronic Arts</a> Inc. EA</td>\n   <td>-1%</td>\n   <td>72%</td>\n   <td>$141.86</td>\n   <td>$172.75</td>\n   <td>22%</td>\n   <td>20.4</td>\n  </tr>\n  <tr>\n   <td>Source: FactSet</td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n  </tr>\n </tbody>\n</table>\n<p>You can click on the tickers for more about each company.</p>\n<p>The list is meant to provide information -- it is not investment advice. Here's some advice: If you see any stock of interest here, do your own research to form your own opinion about the company's strategy and its long-term prospects.</p>\n<p>Market-cap weighting is less important this year</p>\n<p>The S&amp;P 500 is weighted by market capitalization, which means its performance can be dominated by the largest stocks in the index.</p>\n<p>The SPDR S&amp;P 500 ETF <a href=\"https://laohu8.com/S/SPY.AU\">$(SPY.AU)$</a> tracks the benchmark index by holding shares of all 500 companies and charging nominal annual fees totaling 0.09% of assets. Its five largest holdings (including two common-share classes for <a href=\"https://laohu8.com/S/GOOG\">Alphabet</a> Inc. <a href=\"https://laohu8.com/S/GOOGL\">$(GOOGL)$</a>(GOOGL)) make up 22.6% of the portfolio. Here's how they have performed:</p>\n<table>\n <tbody>\n  <tr>\n   <td>Company</td>\n   <td>Total return -- 2021</td>\n   <td>Total return -- 2020</td>\n   <td>Total return -- 2019</td>\n   <td>Total return -- 3 Years</td>\n   <td>Total return -- 5 Years</td>\n   <td>% of SPY portfolio</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/AAPL\">Apple</a> Inc. AAPL</td>\n   <td>12.3%</td>\n   <td>82%</td>\n   <td>89%</td>\n   <td>183.4%</td>\n   <td>488.3%</td>\n   <td>6.2%</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/MSFT\">Microsoft</a> Corp MSFT.</td>\n   <td>36.7%</td>\n   <td>43%</td>\n   <td>58%</td>\n   <td>188.9%</td>\n   <td>461.1%</td>\n   <td>6.0%</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a> Inc. AMZN</td>\n   <td>1.3%</td>\n   <td>76%</td>\n   <td>23%</td>\n   <td>73.1%</td>\n   <td>334.5%</td>\n   <td>3.7%</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc. Class A</td>\n   <td>34.9%</td>\n   <td>33%</td>\n   <td>57%</td>\n   <td>110.9%</td>\n   <td>197.4%</td>\n   <td>2.3%</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/GOOGL\">Alphabet</a> Inc. Class A GOOGL</td>\n   <td>62.1%</td>\n   <td>31%</td>\n   <td>28%</td>\n   <td>129.8%</td>\n   <td>259.1%</td>\n   <td>2.2%</td>\n  </tr>\n  <tr>\n   <td>Alphabet Inc. Class C GOOG</td>\n   <td>63.2%</td>\n   <td>31%</td>\n   <td>29%</td>\n   <td>134.2%</td>\n   <td>271.6%</td>\n   <td>2.1%</td>\n  </tr>\n  <tr>\n   <td>Source: FactSet</td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n  </tr>\n </tbody>\n</table>\n<p>A very good 2021 so far, but you can see that Apple Inc. <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a> and especially Amazon.com Inc. <a href=\"https://laohu8.com/S/AMZN\">$(AMZN)$</a> have underperformed the index this year.</p>\n<p>This brings up another fascinating development related to cap-weighting that underscores how widespread good stock performance has been during 2021. This year, the <a href=\"https://laohu8.com/S/IVZ\">Invesco</a> S&amp;P 500 Equal Weight ETF <a href=\"https://laohu8.com/S/RSP\">$(RSP)$</a> has outperformed SPY and the S&amp;P 500:</p>\n<p>The weighted forward P/E ratio for the S&amp;P 500 is 21.1, according to FactSet. For comparison, the Invesco S&amp;P 500 Equal Weight ETF (RSP) has a forward P/E is 18.4.</p>\n<p>The equal-weighted approach is, arguably, less risky than the cap-weighted approach, because an investor avoids such a large concentration in a handful of stocks. But during the S&amp;P 500's strong run in recent years, the equal-weighted portfolio has underperformed the index. Here are average annual returns for various periods:</p>\n<table>\n <tbody>\n  <tr>\n   <td>Fund or index</td>\n   <td>Average return -- 3 years</td>\n   <td>Average return -- 5 years</td>\n   <td>Average return -- 10 years</td>\n   <td>Average return -- 15 years</td>\n   <td>Average return -- 17 years</td>\n  </tr>\n  <tr>\n   <td>Invesco S&amp;P 500 Equal Weight ETF RSP</td>\n   <td>15.7%</td>\n   <td>15.2%</td>\n   <td>15.7%</td>\n   <td>10.8%</td>\n   <td>11.0%</td>\n  </tr>\n  <tr>\n   <td>SPDR S&amp;P 500 ETF Trust SPY</td>\n   <td>18.1%</td>\n   <td>17.8%</td>\n   <td>16.7%</td>\n   <td>10.8%</td>\n   <td>10.7%</td>\n  </tr>\n  <tr>\n   <td>S&amp;P 500 SPX</td>\n   <td>18.2%</td>\n   <td>17.9%</td>\n   <td>16.9%</td>\n   <td>10.9%</td>\n   <td>10.8%</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>RSP was established in August 2003, so the longest period for the average returns shown above is 17 years. For that period, the equal-weighed has approach performed best, while it has underperformed the cap-weighted index in all the more recent periods. Click here for Mark Hulbert's analysis of the weighted vs. unweighted approaches going back to 1970.</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>These 20 'left behind' stocks among the S&P 500 are expected to rise up to 59% over 12 months</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\">\nThese 20 'left behind' stocks among the S&P 500 are expected to rise up to 59% over 12 months\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\">2021-08-26 23:54</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Some surprises among the small number of stocks that are down for 2021</p>\n<p>The S&amp;P 500 index closed at another all-time high on Wednesday, its 51st record this year. Success has been widespread, with 250 of the S&amp;P 500 outperforming the index as a whole. But there are always some stocks left behind, including the list of highly regarded names below.</p>\n<p><a href=\"https://laohu8.com/S/FBNC\">First</a>, consider how well the S&amp;P 500 has been performing. It was up 20.8% for 2021 through Aug. 25, with dividends reinvested. That follows returns of 32.5% in 2020 and 31.5% in 2019. The index has returned 88.1% since the end of 2018. All performance figures in this article include reinvested dividends.</p>\n<p>If we even out the numbers, the S&amp;P 500 has returned 65% for three years, 128% for five years and 375% for 10 years, underlining the case for stocks as the ideal asset class for most long-term investors. Performance slips if we go out 15 years to cover the 2008 financial crisis, with a return of 367%.</p>\n<p>Stocks left behind in 2021 that may have great potential for investors</p>\n<p>Through Aug. 25, 58 of the S&amp;P 500 components were down for 2021. Among those stocks, 33 have majority \"buy\" ratings among analysts polled by FactSet. Here are the 20 that the analysts expect to perform the best over the next 12 months, along with their forward price-to-earnings ratios:</p>\n<table>\n <tbody>\n  <tr>\n   <td>Company</td>\n   <td><a href=\"https://laohu8.com/S/TSS\">Total</a> return -- 2021</td>\n   <td>Share \"buy\" ratings</td>\n   <td>Closing price -- Aug. 25</td>\n   <td>Consensus price target</td>\n   <td>Implied 12-month upside potential</td>\n   <td><a href=\"https://laohu8.com/S/FORD\">Forward</a> P/E</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/MU\">Micron Technology</a> Inc. MU</td>\n   <td>-2%</td>\n   <td>85%</td>\n   <td>$74.04</td>\n   <td>$117.79</td>\n   <td>59%</td>\n   <td>7.0</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/LVS\">Las Vegas Sands</a> Corp. LVS</td>\n   <td>-27%</td>\n   <td>63%</td>\n   <td>$43.24</td>\n   <td>$64.38</td>\n   <td>49%</td>\n   <td>44.7</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/ATVI\">Activision Blizzard</a> Inc. ATVI</td>\n   <td>-13%</td>\n   <td>91%</td>\n   <td>$80.81</td>\n   <td>$116.04</td>\n   <td>44%</td>\n   <td>21.1</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/GPN\">Global Payments</a> Inc. GPN</td>\n   <td>-23%</td>\n   <td>81%</td>\n   <td>$165.25</td>\n   <td>$228.69</td>\n   <td>38%</td>\n   <td>18.6</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/INCY\">Incyte</a> Corp. INCY</td>\n   <td>-13%</td>\n   <td>60%</td>\n   <td>$75.76</td>\n   <td>$102.47</td>\n   <td>35%</td>\n   <td>32.2</td>\n  </tr>\n  <tr>\n   <td>NOV Inc. NOV</td>\n   <td>-3%</td>\n   <td>59%</td>\n   <td>$13.26</td>\n   <td>$17.58</td>\n   <td>33%</td>\n   <td>N/A</td>\n  </tr>\n  <tr>\n   <td>$Take-<a href=\"https://laohu8.com/S/TWOA.U\">Two</a> Interactive Software(TTWO)$ Inc. TTWO</td>\n   <td>-23%</td>\n   <td>70%</td>\n   <td>$160.66</td>\n   <td>$212.87</td>\n   <td>32%</td>\n   <td>34.2</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/FMC\">FMC Corp.</a> FMC</td>\n   <td>-18%</td>\n   <td>75%</td>\n   <td>$92.90</td>\n   <td>$122.89</td>\n   <td>32%</td>\n   <td>12.8</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/VRTX\">Vertex Pharmaceuticals</a> Inc. VRTX</td>\n   <td>-15%</td>\n   <td>78%</td>\n   <td>$201.33</td>\n   <td>$262.14</td>\n   <td>30%</td>\n   <td>16.2</td>\n  </tr>\n  <tr>\n   <td>Newmont Corp. NEM</td>\n   <td>-3%</td>\n   <td>71%</td>\n   <td>$56.91</td>\n   <td>$73.57</td>\n   <td>29%</td>\n   <td>16.3</td>\n  </tr>\n  <tr>\n   <td>Lamb Weston Holdings Inc. LW</td>\n   <td>-15%</td>\n   <td>78%</td>\n   <td>$66.09</td>\n   <td>$85.43</td>\n   <td>29%</td>\n   <td>26.5</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/QCOM\">Qualcomm</a> Inc. QCOM</td>\n   <td>-5%</td>\n   <td>64%</td>\n   <td>$143.87</td>\n   <td>$184.15</td>\n   <td>28%</td>\n   <td>15.9</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/FIS\">Fidelity National Information</a> Services Inc. FIS</td>\n   <td>-8%</td>\n   <td>69%</td>\n   <td>$130.01</td>\n   <td>$165.93</td>\n   <td>28%</td>\n   <td>18.3</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/PENN\">Penn National Gaming</a> Inc. PENN</td>\n   <td>-7%</td>\n   <td>67%</td>\n   <td>$79.92</td>\n   <td>$101.50</td>\n   <td>27%</td>\n   <td>26.3</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/BAX\">Baxter</a> International Inc. BAX</td>\n   <td>-7%</td>\n   <td>53%</td>\n   <td>$73.80</td>\n   <td>$92.56</td>\n   <td>25%</td>\n   <td>19.5</td>\n  </tr>\n  <tr>\n   <td>V.F. Corp. VFC</td>\n   <td>-9%</td>\n   <td>68%</td>\n   <td>$77.06</td>\n   <td>$96.59</td>\n   <td>25%</td>\n   <td>23.1</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/ZBH\">Zimmer Biomet Holdings Inc</a>. ZBH</td>\n   <td>-2%</td>\n   <td>79%</td>\n   <td>$150.39</td>\n   <td>$187.58</td>\n   <td>25%</td>\n   <td>18.1</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/STZ\">Constellation Brands Inc</a>. Class A STZ</td>\n   <td>-1%</td>\n   <td>71%</td>\n   <td>$214.98</td>\n   <td>$265.86</td>\n   <td>24%</td>\n   <td>20.6</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/WYNN\">Wynn</a> Resorts Ltd. WYNN</td>\n   <td>-11%</td>\n   <td>54%</td>\n   <td>$100.84</td>\n   <td>$123.45</td>\n   <td>22%</td>\n   <td>N/A</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/EA\">Electronic Arts</a> Inc. EA</td>\n   <td>-1%</td>\n   <td>72%</td>\n   <td>$141.86</td>\n   <td>$172.75</td>\n   <td>22%</td>\n   <td>20.4</td>\n  </tr>\n  <tr>\n   <td>Source: FactSet</td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n  </tr>\n </tbody>\n</table>\n<p>You can click on the tickers for more about each company.</p>\n<p>The list is meant to provide information -- it is not investment advice. Here's some advice: If you see any stock of interest here, do your own research to form your own opinion about the company's strategy and its long-term prospects.</p>\n<p>Market-cap weighting is less important this year</p>\n<p>The S&amp;P 500 is weighted by market capitalization, which means its performance can be dominated by the largest stocks in the index.</p>\n<p>The SPDR S&amp;P 500 ETF <a href=\"https://laohu8.com/S/SPY.AU\">$(SPY.AU)$</a> tracks the benchmark index by holding shares of all 500 companies and charging nominal annual fees totaling 0.09% of assets. Its five largest holdings (including two common-share classes for <a href=\"https://laohu8.com/S/GOOG\">Alphabet</a> Inc. <a href=\"https://laohu8.com/S/GOOGL\">$(GOOGL)$</a>(GOOGL)) make up 22.6% of the portfolio. Here's how they have performed:</p>\n<table>\n <tbody>\n  <tr>\n   <td>Company</td>\n   <td>Total return -- 2021</td>\n   <td>Total return -- 2020</td>\n   <td>Total return -- 2019</td>\n   <td>Total return -- 3 Years</td>\n   <td>Total return -- 5 Years</td>\n   <td>% of SPY portfolio</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/AAPL\">Apple</a> Inc. AAPL</td>\n   <td>12.3%</td>\n   <td>82%</td>\n   <td>89%</td>\n   <td>183.4%</td>\n   <td>488.3%</td>\n   <td>6.2%</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/MSFT\">Microsoft</a> Corp MSFT.</td>\n   <td>36.7%</td>\n   <td>43%</td>\n   <td>58%</td>\n   <td>188.9%</td>\n   <td>461.1%</td>\n   <td>6.0%</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a> Inc. AMZN</td>\n   <td>1.3%</td>\n   <td>76%</td>\n   <td>23%</td>\n   <td>73.1%</td>\n   <td>334.5%</td>\n   <td>3.7%</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc. Class A</td>\n   <td>34.9%</td>\n   <td>33%</td>\n   <td>57%</td>\n   <td>110.9%</td>\n   <td>197.4%</td>\n   <td>2.3%</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/GOOGL\">Alphabet</a> Inc. Class A GOOGL</td>\n   <td>62.1%</td>\n   <td>31%</td>\n   <td>28%</td>\n   <td>129.8%</td>\n   <td>259.1%</td>\n   <td>2.2%</td>\n  </tr>\n  <tr>\n   <td>Alphabet Inc. Class C GOOG</td>\n   <td>63.2%</td>\n   <td>31%</td>\n   <td>29%</td>\n   <td>134.2%</td>\n   <td>271.6%</td>\n   <td>2.1%</td>\n  </tr>\n  <tr>\n   <td>Source: FactSet</td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n  </tr>\n </tbody>\n</table>\n<p>A very good 2021 so far, but you can see that Apple Inc. <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a> and especially Amazon.com Inc. <a href=\"https://laohu8.com/S/AMZN\">$(AMZN)$</a> have underperformed the index this year.</p>\n<p>This brings up another fascinating development related to cap-weighting that underscores how widespread good stock performance has been during 2021. This year, the <a href=\"https://laohu8.com/S/IVZ\">Invesco</a> S&amp;P 500 Equal Weight ETF <a href=\"https://laohu8.com/S/RSP\">$(RSP)$</a> has outperformed SPY and the S&amp;P 500:</p>\n<p>The weighted forward P/E ratio for the S&amp;P 500 is 21.1, according to FactSet. For comparison, the Invesco S&amp;P 500 Equal Weight ETF (RSP) has a forward P/E is 18.4.</p>\n<p>The equal-weighted approach is, arguably, less risky than the cap-weighted approach, because an investor avoids such a large concentration in a handful of stocks. But during the S&amp;P 500's strong run in recent years, the equal-weighted portfolio has underperformed the index. Here are average annual returns for various periods:</p>\n<table>\n <tbody>\n  <tr>\n   <td>Fund or index</td>\n   <td>Average return -- 3 years</td>\n   <td>Average return -- 5 years</td>\n   <td>Average return -- 10 years</td>\n   <td>Average return -- 15 years</td>\n   <td>Average return -- 17 years</td>\n  </tr>\n  <tr>\n   <td>Invesco S&amp;P 500 Equal Weight ETF RSP</td>\n   <td>15.7%</td>\n   <td>15.2%</td>\n   <td>15.7%</td>\n   <td>10.8%</td>\n   <td>11.0%</td>\n  </tr>\n  <tr>\n   <td>SPDR S&amp;P 500 ETF Trust SPY</td>\n   <td>18.1%</td>\n   <td>17.8%</td>\n   <td>16.7%</td>\n   <td>10.8%</td>\n   <td>10.7%</td>\n  </tr>\n  <tr>\n   <td>S&amp;P 500 SPX</td>\n   <td>18.2%</td>\n   <td>17.9%</td>\n   <td>16.9%</td>\n   <td>10.9%</td>\n   <td>10.8%</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>RSP was established in August 2003, so the longest period for the average returns shown above is 17 years. For that period, the equal-weighed has approach performed best, while it has underperformed the cap-weighted index in all the more recent periods. Click here for Mark Hulbert's analysis of the weighted vs. unweighted approaches going back to 1970.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","SSO":"两倍做多标普500ETF","IVV":"标普500指数ETF","SPXU":"三倍做空标普500ETF",".SPX":"S&P 500 Index","OEF":"标普100指数ETF-iShares","OEX":"标普100","NEM":"纽曼矿业","UPRO":"三倍做多标普500ETF","MU":"美光科技","SDS":"两倍做空标普500ETF","VRTX":"福泰制药","TTWO":"Take-Two Interactive Software","ATVI":"动视暴雪","SPY":"标普500ETF","SH":"标普500反向ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2162018921","content_text":"Some surprises among the small number of stocks that are down for 2021\nThe S&P 500 index closed at another all-time high on Wednesday, its 51st record this year. Success has been widespread, with 250 of the S&P 500 outperforming the index as a whole. But there are always some stocks left behind, including the list of highly regarded names below.\nFirst, consider how well the S&P 500 has been performing. It was up 20.8% for 2021 through Aug. 25, with dividends reinvested. That follows returns of 32.5% in 2020 and 31.5% in 2019. The index has returned 88.1% since the end of 2018. All performance figures in this article include reinvested dividends.\nIf we even out the numbers, the S&P 500 has returned 65% for three years, 128% for five years and 375% for 10 years, underlining the case for stocks as the ideal asset class for most long-term investors. Performance slips if we go out 15 years to cover the 2008 financial crisis, with a return of 367%.\nStocks left behind in 2021 that may have great potential for investors\nThrough Aug. 25, 58 of the S&P 500 components were down for 2021. Among those stocks, 33 have majority \"buy\" ratings among analysts polled by FactSet. Here are the 20 that the analysts expect to perform the best over the next 12 months, along with their forward price-to-earnings ratios:\n\n\n\nCompany\nTotal return -- 2021\nShare \"buy\" ratings\nClosing price -- Aug. 25\nConsensus price target\nImplied 12-month upside potential\nForward P/E\n\n\nMicron Technology Inc. MU\n-2%\n85%\n$74.04\n$117.79\n59%\n7.0\n\n\nLas Vegas Sands Corp. LVS\n-27%\n63%\n$43.24\n$64.38\n49%\n44.7\n\n\nActivision Blizzard Inc. ATVI\n-13%\n91%\n$80.81\n$116.04\n44%\n21.1\n\n\nGlobal Payments Inc. GPN\n-23%\n81%\n$165.25\n$228.69\n38%\n18.6\n\n\nIncyte Corp. INCY\n-13%\n60%\n$75.76\n$102.47\n35%\n32.2\n\n\nNOV Inc. NOV\n-3%\n59%\n$13.26\n$17.58\n33%\nN/A\n\n\n$Take-Two Interactive Software(TTWO)$ Inc. TTWO\n-23%\n70%\n$160.66\n$212.87\n32%\n34.2\n\n\nFMC Corp. FMC\n-18%\n75%\n$92.90\n$122.89\n32%\n12.8\n\n\nVertex Pharmaceuticals Inc. VRTX\n-15%\n78%\n$201.33\n$262.14\n30%\n16.2\n\n\nNewmont Corp. NEM\n-3%\n71%\n$56.91\n$73.57\n29%\n16.3\n\n\nLamb Weston Holdings Inc. LW\n-15%\n78%\n$66.09\n$85.43\n29%\n26.5\n\n\nQualcomm Inc. QCOM\n-5%\n64%\n$143.87\n$184.15\n28%\n15.9\n\n\nFidelity National Information Services Inc. FIS\n-8%\n69%\n$130.01\n$165.93\n28%\n18.3\n\n\nPenn National Gaming Inc. PENN\n-7%\n67%\n$79.92\n$101.50\n27%\n26.3\n\n\nBaxter International Inc. BAX\n-7%\n53%\n$73.80\n$92.56\n25%\n19.5\n\n\nV.F. Corp. VFC\n-9%\n68%\n$77.06\n$96.59\n25%\n23.1\n\n\nZimmer Biomet Holdings Inc. ZBH\n-2%\n79%\n$150.39\n$187.58\n25%\n18.1\n\n\nConstellation Brands Inc. Class A STZ\n-1%\n71%\n$214.98\n$265.86\n24%\n20.6\n\n\nWynn Resorts Ltd. WYNN\n-11%\n54%\n$100.84\n$123.45\n22%\nN/A\n\n\nElectronic Arts Inc. EA\n-1%\n72%\n$141.86\n$172.75\n22%\n20.4\n\n\nSource: FactSet\n\n\n\n\n\n\n\n\n\nYou can click on the tickers for more about each company.\nThe list is meant to provide information -- it is not investment advice. Here's some advice: If you see any stock of interest here, do your own research to form your own opinion about the company's strategy and its long-term prospects.\nMarket-cap weighting is less important this year\nThe S&P 500 is weighted by market capitalization, which means its performance can be dominated by the largest stocks in the index.\nThe SPDR S&P 500 ETF $(SPY.AU)$ tracks the benchmark index by holding shares of all 500 companies and charging nominal annual fees totaling 0.09% of assets. Its five largest holdings (including two common-share classes for Alphabet Inc. $(GOOGL)$(GOOGL)) make up 22.6% of the portfolio. Here's how they have performed:\n\n\n\nCompany\nTotal return -- 2021\nTotal return -- 2020\nTotal return -- 2019\nTotal return -- 3 Years\nTotal return -- 5 Years\n% of SPY portfolio\n\n\nApple Inc. AAPL\n12.3%\n82%\n89%\n183.4%\n488.3%\n6.2%\n\n\nMicrosoft Corp MSFT.\n36.7%\n43%\n58%\n188.9%\n461.1%\n6.0%\n\n\nAmazon.com Inc. AMZN\n1.3%\n76%\n23%\n73.1%\n334.5%\n3.7%\n\n\nFacebook Inc. Class A\n34.9%\n33%\n57%\n110.9%\n197.4%\n2.3%\n\n\nAlphabet Inc. Class A GOOGL\n62.1%\n31%\n28%\n129.8%\n259.1%\n2.2%\n\n\nAlphabet Inc. Class C GOOG\n63.2%\n31%\n29%\n134.2%\n271.6%\n2.1%\n\n\nSource: FactSet\n\n\n\n\n\n\n\n\n\nA very good 2021 so far, but you can see that Apple Inc. $(AAPL)$ and especially Amazon.com Inc. $(AMZN)$ have underperformed the index this year.\nThis brings up another fascinating development related to cap-weighting that underscores how widespread good stock performance has been during 2021. This year, the Invesco S&P 500 Equal Weight ETF $(RSP)$ has outperformed SPY and the S&P 500:\nThe weighted forward P/E ratio for the S&P 500 is 21.1, according to FactSet. For comparison, the Invesco S&P 500 Equal Weight ETF (RSP) has a forward P/E is 18.4.\nThe equal-weighted approach is, arguably, less risky than the cap-weighted approach, because an investor avoids such a large concentration in a handful of stocks. But during the S&P 500's strong run in recent years, the equal-weighted portfolio has underperformed the index. Here are average annual returns for various periods:\n\n\n\nFund or index\nAverage return -- 3 years\nAverage return -- 5 years\nAverage return -- 10 years\nAverage return -- 15 years\nAverage return -- 17 years\n\n\nInvesco S&P 500 Equal Weight ETF RSP\n15.7%\n15.2%\n15.7%\n10.8%\n11.0%\n\n\nSPDR S&P 500 ETF Trust SPY\n18.1%\n17.8%\n16.7%\n10.8%\n10.7%\n\n\nS&P 500 SPX\n18.2%\n17.9%\n16.9%\n10.9%\n10.8%\n\n\nSource: FactSet\n\n\n\n\n\n\n\n\nRSP was established in August 2003, so the longest period for the average returns shown above is 17 years. For that period, the equal-weighed has approach performed best, while it has underperformed the cap-weighted index in all the more recent periods. Click here for Mark Hulbert's analysis of the weighted vs. unweighted approaches going back to 1970.","news_type":1},"isVote":1,"tweetType":1,"viewCount":69,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":837784463,"gmtCreate":1629928681952,"gmtModify":1676530172098,"author":{"id":"3577917241557928","authorId":"3577917241557928","name":"Andtendo","avatar":"https://static.tigerbbs.com/a36b92c865704901397ab4e190d5ad8a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like please :)","listText":"Like please :)","text":"Like please :)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/837784463","repostId":"2162540270","repostType":4,"repost":{"id":"2162540270","pubTimestamp":1629905417,"share":"https://www.laohu8.com/m/news/2162540270?lang=&edition=full","pubTime":"2021-08-25 23:30","market":"us","language":"en","title":"Why Dogecoin, Ethereum, and XRP Dropped Today","url":"https://stock-news.laohu8.com/highlight/detail?id=2162540270","media":"Motley Fool","summary":"First it was the SEC. Now, the U.S. Treasury puts a bullseye on cryptocurrency.","content":"<h2>What happened</h2>\n<p>It's Wednesday, and cryptocurrency prices are fading once more. As of 10:30 a.m. EDT, here's how prices look for several of the biggest names in cryptocurrency:</p>\n<ul>\n <li>Industry bellwether<b> Bitcoin </b>(CRYPTO:BTC) is down 0.8% over the last 24 hours, according to data from Coindesk.</li>\n <li><b>Ethereum </b>(CRYPTO:ETH) is off 2.5%.</li>\n <li><b>XRP </b>(CRYPTO:XRP), the token closely associated with Ripple, has fallen 3%.</li>\n <li>And <b>Dogecoin </b>(CRYPTO:DOGE) is suffering most of all, declining 4.1%.</li>\n</ul>\n<p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F640657%2Fbitcoin-symbol-pinned-to-a-dartboard.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"630\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>Image source: Getty Images.</p>\n<h2>So what</h2>\n<p>Earlier this month, new Securities and Exchange Commission chairman Gary Gensler sparked a minor freakout among cryptocurrency investors when he linked cryptocurrency trading with \"fraud\" in an interview with Bloomberg, and urged Congress to establish a \"robust oversight regime\" for the cryptocurrency market. Today, the woman Gensler replaced as head of the SEC -- now-Treasury Secretary Janet Yellen -- was quoted by <i>The Washington Post</i> echoing Gensler's concerns.</p>\n<p>Cryptocurrency \"is often [used] for illicit finance,\" said Yellen, adding that \"it's an extremely inefficient way of conducting transactions,\" a \"highly speculative asset\" -- oh, and \"the amount of energy that's consumed in processing those transactions is staggering,\" to boot!</p>\n<p>To put the icing on the cake, Yellen has also apparently advocated creating a \"central bank digital currency\" to compete with Bitcoin and other independently developed cryptocurrencies -- an idea China has also floated.</p>\n<h2>Now what</h2>\n<p>Add it all up, and the <i>Post </i>observes that a lot of cryptocurrency fans now fear that \"Yellen wants to annihilate the industry\" -- perhaps to make way for a national digital currency of the government's own making. Personally, I think that sounds a bit ambitious, and I'm not convinced the government could pull it off even if it wanted to. Still, when combined with previous comments from elsewhere in government -- specifically, Minneapolis Federal Reserve Bank president Neel Kashkari's accusation that non-governmental cryptocurrencies are \"95% fraud, hype, noise and confusion\" -- there's mounting evidence that momentum is building for some serious regulatory efforts to rein in cryptocurrency trading in the U.S.</p>\n<p>Until we get a better idea of what, specifically, the government plans to do, I'd buckle up for more volatility in the crypto market in the weeks ahead.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Dogecoin, Ethereum, and XRP Dropped 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\">\nWhy Dogecoin, Ethereum, and XRP Dropped Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-25 23:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/08/25/why-dogecoin-ethereum-and-xrp-dropped-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happened\nIt's Wednesday, and cryptocurrency prices are fading once more. As of 10:30 a.m. EDT, here's how prices look for several of the biggest names in cryptocurrency:\n\nIndustry bellwether ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/08/25/why-dogecoin-ethereum-and-xrp-dropped-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"https://www.fool.com/investing/2021/08/25/why-dogecoin-ethereum-and-xrp-dropped-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2162540270","content_text":"What happened\nIt's Wednesday, and cryptocurrency prices are fading once more. As of 10:30 a.m. EDT, here's how prices look for several of the biggest names in cryptocurrency:\n\nIndustry bellwether Bitcoin (CRYPTO:BTC) is down 0.8% over the last 24 hours, according to data from Coindesk.\nEthereum (CRYPTO:ETH) is off 2.5%.\nXRP (CRYPTO:XRP), the token closely associated with Ripple, has fallen 3%.\nAnd Dogecoin (CRYPTO:DOGE) is suffering most of all, declining 4.1%.\n\n\nImage source: Getty Images.\nSo what\nEarlier this month, new Securities and Exchange Commission chairman Gary Gensler sparked a minor freakout among cryptocurrency investors when he linked cryptocurrency trading with \"fraud\" in an interview with Bloomberg, and urged Congress to establish a \"robust oversight regime\" for the cryptocurrency market. Today, the woman Gensler replaced as head of the SEC -- now-Treasury Secretary Janet Yellen -- was quoted by The Washington Post echoing Gensler's concerns.\nCryptocurrency \"is often [used] for illicit finance,\" said Yellen, adding that \"it's an extremely inefficient way of conducting transactions,\" a \"highly speculative asset\" -- oh, and \"the amount of energy that's consumed in processing those transactions is staggering,\" to boot!\nTo put the icing on the cake, Yellen has also apparently advocated creating a \"central bank digital currency\" to compete with Bitcoin and other independently developed cryptocurrencies -- an idea China has also floated.\nNow what\nAdd it all up, and the Post observes that a lot of cryptocurrency fans now fear that \"Yellen wants to annihilate the industry\" -- perhaps to make way for a national digital currency of the government's own making. Personally, I think that sounds a bit ambitious, and I'm not convinced the government could pull it off even if it wanted to. Still, when combined with previous comments from elsewhere in government -- specifically, Minneapolis Federal Reserve Bank president Neel Kashkari's accusation that non-governmental cryptocurrencies are \"95% fraud, hype, noise and confusion\" -- there's mounting evidence that momentum is building for some serious regulatory efforts to rein in cryptocurrency trading in the U.S.\nUntil we get a better idea of what, specifically, the government plans to do, I'd buckle up for more volatility in the crypto market in the weeks ahead.","news_type":1},"isVote":1,"tweetType":1,"viewCount":65,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":834724624,"gmtCreate":1629843295068,"gmtModify":1676530145659,"author":{"id":"3577917241557928","authorId":"3577917241557928","name":"Andtendo","avatar":"https://static.tigerbbs.com/a36b92c865704901397ab4e190d5ad8a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like please :)","listText":"Like please :)","text":"Like please :)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/834724624","repostId":"1189203464","repostType":4,"isVote":1,"tweetType":1,"viewCount":56,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":154696023,"gmtCreate":1625521415662,"gmtModify":1703742829658,"author":{"id":"3577917241557928","authorId":"3577917241557928","name":"Andtendo","avatar":"https://static.tigerbbs.com/a36b92c865704901397ab4e190d5ad8a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like and comment please","listText":"Like and comment please","text":"Like and comment please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/154696023","repostId":"1155435134","repostType":4,"repost":{"id":"1155435134","pubTimestamp":1625483300,"share":"https://www.laohu8.com/m/news/1155435134?lang=&edition=full","pubTime":"2021-07-05 19:08","market":"hk","language":"en","title":"What Does the End of the Quarter Mean for Portfolio Management?","url":"https://stock-news.laohu8.com/highlight/detail?id=1155435134","media":"investopedia","summary":"The \"end of the quarter\" refers to the conclusion of one of four specific three-month periods on the","content":"<p>The \"end of the quarter\" refers to the conclusion of one of four specific three-month periods on the financial calendar. Thefour quartersend in March, or Q1; June, or Q2; September, or Q3; and December, or Q4. These are considered important times for investors. Many businesses, analysts, government agencies, and theFederal Reserverelease critical new data about various markets or economic indicators at the end of a quarter.</p>\n<p>There's a widely held belief in financial circles that hedge funds, pension funds, and insurance companies always rebalance their portfolios at the end of each quarter. While no proof or evidence has ever been put forward to confirm this practice or its prevalence, the very idea reinforces the concept that the end of a quarter is significant.</p>\n<p>Even if major financial players do not always rebalance at the end of quarters, many investors use this time to re-evaluate their ownportfolio management, changing which assets comprise the portfolio or setting new portfolio targets. Not only is it a good idea for investors to monitor their investments from time-to-time but rarely is so much new, actionable information released as during the end of a quarter.</p>\n<p>Rebalancing a Portfolio</p>\n<p>Rebalancinginvolves the periodic sale and purchase of assets within a portfolio to maintain a target ratio.2Consider an investor who wants his portfolio to be comprised of 50% growth stocks, 25% income stocks, and 25% bonds. If during Q1, the growth stocks outperform the other investments substantially, the investor may decide to sell some growth stocks or purchase more income stocks and bonds to bring the portfolio back to a 50-25-25 split.</p>\n<p>KEY TAKEAWAYS</p>\n<ul>\n <li>The end of the three-month period known as a financial quarter is considered an important time for investors.</li>\n <li>Companies, financial analysts, and government agencies (including the Fed) all release reports and critical data at the end of a quarter.</li>\n <li>Both retail and institutional investors often use the end of a quarter to re-evaluate and rebalance their portfolios.</li>\n</ul>\n<p>Traditional rebalancing involves trading the gains of well-performing assets, by selling high, for more low-performing assets, by buying low, at the end of each quarter. Theoretically, this serves to protect a portfolio from being too exposed or straying too far from its original strategy. However, pegging rebalances to the end of quarters relies on arbitrary calendar events which may not coincide with market movements. Nevertheless, the confluence of new reports that emerge at the end of quarters usually causes market reactions and should be of concern to most participants.</p>\n<p>Institutional Investors and Rebalancing</p>\n<p>It is not just individual investors who consider making portfolio moves at the end of quarters. Portfolio management is also important for institutional investors, like mutual funds and exchange-traded funds, or ETFs.3</p>\n<p>There are two forms of fund portfolio management: active and passive.4Passive funds generally peg their portfolios to market indexes and involve fewer changes in exchange for lower management fees. The end of a quarter is less significant for these types of funds, though if theirbenchmark indexeschange at this time, they will as well.</p>\n<p>Active funds have a manager or team of managers who take a more proactive approach to beat market average returns. These funds can be quite active during the end of quarters, especially if their portfolios need to be adjusted to meet their previously stated goals and strategies.</p>","source":"lsy1606203311635","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 Does the End of the Quarter Mean for Portfolio Management?</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\">\nWhat Does the End of the Quarter Mean for Portfolio Management?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-05 19:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.investopedia.com/ask/answers/122214/what-does-end-quarter-mean-portfolio-management.asp?utm_campaign=quote-yahoo&utm_source=yahoo&utm_medium=referral><strong>investopedia</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The \"end of the quarter\" refers to the conclusion of one of four specific three-month periods on the financial calendar. Thefour quartersend in March, or Q1; June, or Q2; September, or Q3; and ...</p>\n\n<a href=\"https://www.investopedia.com/ask/answers/122214/what-does-end-quarter-mean-portfolio-management.asp?utm_campaign=quote-yahoo&utm_source=yahoo&utm_medium=referral\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.investopedia.com/ask/answers/122214/what-does-end-quarter-mean-portfolio-management.asp?utm_campaign=quote-yahoo&utm_source=yahoo&utm_medium=referral","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155435134","content_text":"The \"end of the quarter\" refers to the conclusion of one of four specific three-month periods on the financial calendar. Thefour quartersend in March, or Q1; June, or Q2; September, or Q3; and December, or Q4. These are considered important times for investors. Many businesses, analysts, government agencies, and theFederal Reserverelease critical new data about various markets or economic indicators at the end of a quarter.\nThere's a widely held belief in financial circles that hedge funds, pension funds, and insurance companies always rebalance their portfolios at the end of each quarter. While no proof or evidence has ever been put forward to confirm this practice or its prevalence, the very idea reinforces the concept that the end of a quarter is significant.\nEven if major financial players do not always rebalance at the end of quarters, many investors use this time to re-evaluate their ownportfolio management, changing which assets comprise the portfolio or setting new portfolio targets. Not only is it a good idea for investors to monitor their investments from time-to-time but rarely is so much new, actionable information released as during the end of a quarter.\nRebalancing a Portfolio\nRebalancinginvolves the periodic sale and purchase of assets within a portfolio to maintain a target ratio.2Consider an investor who wants his portfolio to be comprised of 50% growth stocks, 25% income stocks, and 25% bonds. If during Q1, the growth stocks outperform the other investments substantially, the investor may decide to sell some growth stocks or purchase more income stocks and bonds to bring the portfolio back to a 50-25-25 split.\nKEY TAKEAWAYS\n\nThe end of the three-month period known as a financial quarter is considered an important time for investors.\nCompanies, financial analysts, and government agencies (including the Fed) all release reports and critical data at the end of a quarter.\nBoth retail and institutional investors often use the end of a quarter to re-evaluate and rebalance their portfolios.\n\nTraditional rebalancing involves trading the gains of well-performing assets, by selling high, for more low-performing assets, by buying low, at the end of each quarter. Theoretically, this serves to protect a portfolio from being too exposed or straying too far from its original strategy. However, pegging rebalances to the end of quarters relies on arbitrary calendar events which may not coincide with market movements. Nevertheless, the confluence of new reports that emerge at the end of quarters usually causes market reactions and should be of concern to most participants.\nInstitutional Investors and Rebalancing\nIt is not just individual investors who consider making portfolio moves at the end of quarters. Portfolio management is also important for institutional investors, like mutual funds and exchange-traded funds, or ETFs.3\nThere are two forms of fund portfolio management: active and passive.4Passive funds generally peg their portfolios to market indexes and involve fewer changes in exchange for lower management fees. The end of a quarter is less significant for these types of funds, though if theirbenchmark indexeschange at this time, they will as well.\nActive funds have a manager or team of managers who take a more proactive approach to beat market average returns. These funds can be quite active during the end of quarters, especially if their portfolios need to be adjusted to meet their previously stated goals and strategies.","news_type":1},"isVote":1,"tweetType":1,"viewCount":49,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":110983559,"gmtCreate":1622421659071,"gmtModify":1704184031966,"author":{"id":"3577917241557928","authorId":"3577917241557928","name":"Andtendo","avatar":"https://static.tigerbbs.com/a36b92c865704901397ab4e190d5ad8a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like and comment please :)","listText":"Like and comment please :)","text":"Like and comment please :)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":5,"repostSize":0,"link":"https://ttm.financial/post/110983559","repostId":"1127487048","repostType":4,"repost":{"id":"1127487048","pubTimestamp":1622416539,"share":"https://www.laohu8.com/m/news/1127487048?lang=&edition=full","pubTime":"2021-05-31 07:15","market":"us","language":"en","title":"Zoom, Lululemon, Canopy Growth and Other Stocks for Investors to See This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=1127487048","media":"Barron's","summary":"U.S. stock and bond markets are closed Monday for Memorial Day. Investors will return from the long ","content":"<p>U.S. stock and bond markets are closed Monday for Memorial Day. <a href=\"https://laohu8.com/S/ISBC\">Investors</a> will return from the long weekend to a handful of notable companies’ quarterly results.&nbsp;<a href=\"https://laohu8.com/S/ZM\">Zoom</a> Video <a href=\"https://laohu8.com/S/JCS\">Communications</a>,Canopy Growth,and&nbsp;Hewlett Packard Enterprisereport on Tuesday, followed by&nbsp;Advance Auto Partson Wednesday. On Thursday,&nbsp;<a href=\"https://laohu8.com/S/AVGO\">Broadcom</a>,DocuSign,and&nbsp;Lululemon&nbsp;Athletica release results.</p><p>The highlight on the economic-data calendar this week will be Friday’s May jobs report from the Bureau of Labor Statistics. The consensus forecast is for a gain of 700,000 nonfarm payrolls, after a disappointing 266,000 in April. The unemployment rate is expected to tick down&nbsp;to 5.9%, from 6.1%.</p><p>Other data out this week include the Institute for Supply Management’s Manufacturing Purchasing Managers’ Index for May on Tuesday and the Services equivalent on Thursday. Both are seen staying roughly even with April’s buoyant levels.&nbsp;The Organization for Economic Cooperation and Development also releases its latest economic outlook on Monday.</p><p>Monday 5/31</p><p><b>Stock and fixed-income</b>&nbsp;markets are closed in observance of Memorial Day.</p><p><b>The Organization</b>for Economic Cooperation and Development releases its latest economic outlook. In its March interim report, the OECD projected a 5.6% growth rate for global gross domestic product in 2021, an upward revision of a full percentage point from the December 2020 forecast.</p><p>Tuesday 6/1</p><p><a href=\"https://laohu8.com/S/BNS\">Bank of Nova Scotia</a>,Canopy Growth, <a href=\"https://laohu8.com/S/HPE\">Hewlett Packard Enterprise</a>, and Zoom Video Communications announce quarterly results.</p><p><b>The Institute for Supply</b>Management releases its Manufacturing Purchasing Managers’ Index for May. Consensus estimate is for a 60.8 reading, roughly even with the April data.</p><p><b>The Census Bureau</b>reports construction spending for April. Expectations are for a 0.6% month-over-month rise to a seasonally adjusted annual rate of $1.52 trillion. Construction spending remains just below its all-time peak in January of this year.</p><p>Wednesday 6/2</p><p><a href=\"https://laohu8.com/S/AAP\">Advance Auto Parts</a>,<a href=\"https://laohu8.com/S/NTAP\">NetApp</a>,and PVH report earnings.</p><p><a href=\"https://laohu8.com/S/PM\">Philip Morris</a> Internationalhosts a webcast led by CEO Jacek Olczak to discuss the company’s sustainability strategy.</p><p><b>The Federal Reserve</b>releases the beige book for the fourth of eight times this year. The report presents anecdotal data on the health of the economy collected by the 12 Federal Reserve Bank districts.</p><p>Thursday 6/3</p><p><b>ADP releases its <a href=\"https://laohu8.com/S/NHLD\">National</a> Employment</b>report for May. Consensus estimate is for a 610,000 gain in nonfarm private-sector employment, following an increase of 742,000 in April.</p><p>Broadcom,CooperCos., DocuSign,J.M. Smucker,and <a href=\"https://laohu8.com/S/LULU\">Lululemon Athletica</a> hold conference calls to discuss earnings.</p><p><b>The Bureau of Economic Analysis</b>reports total light-vehicle sales for May. In April, they hit a seasonally adjusted annual rate of 18.5 million, the highest figure since July 2005.</p><p><b>The ISM releases</b>its Services PMI for May. Consensus estimate is for a 63.2 reading, compared with April’s 62.7 figure.</p><p>Friday 6/4</p><p>Amgenhosts a conference call to discuss drug trial data from its oncology pipeline. The information will be presented at the 2021 <a href=\"https://laohu8.com/S/AFG\">American</a> Society of Clinical Oncology annual meeting, which runs virtually from June 4 through June 8.</p><p><b>The Bureau of Labor</b>Statistics releases the jobs report for May. Economists forecast a 700,000 rise in nonfarm payrolls, after a relatively modest 266,000 gain in April. The unemployment rate is expected to edge down to 5.9% from 6.1%. The April increase was a massive shortfall from the <a href=\"https://laohu8.com/S/AONE\">one</a> million jump expected by some economists.</p>","source":"lsy1610680873436","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>Zoom, Lululemon, Canopy Growth and Other Stocks for Investors to See 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\">\nZoom, Lululemon, Canopy Growth and Other Stocks for Investors to See This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-31 07:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/zoom-lululemon-canopy-growth-and-other-stocks-for-investors-to-watch-this-week-51622401200><strong>Barron's</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>U.S. stock and bond markets are closed Monday for Memorial Day. Investors will return from the long weekend to a handful of notable companies’ quarterly results. Zoom Video Communications,Canopy ...</p>\n\n<a href=\"https://www.barrons.com/articles/zoom-lululemon-canopy-growth-and-other-stocks-for-investors-to-watch-this-week-51622401200\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ZM":"Zoom",".SPX":"S&P 500 Index","CGC":"Canopy Growth Corporation","LULU":"lululemon athletica",".DJI":"道琼斯","ISBC":"投资者银行",".IXIC":"NASDAQ Composite"},"source_url":"https://www.barrons.com/articles/zoom-lululemon-canopy-growth-and-other-stocks-for-investors-to-watch-this-week-51622401200","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127487048","content_text":"U.S. stock and bond markets are closed Monday for Memorial Day. Investors will return from the long weekend to a handful of notable companies’ quarterly results. Zoom Video Communications,Canopy Growth,and Hewlett Packard Enterprisereport on Tuesday, followed by Advance Auto Partson Wednesday. On Thursday, Broadcom,DocuSign,and Lululemon Athletica release results.The highlight on the economic-data calendar this week will be Friday’s May jobs report from the Bureau of Labor Statistics. The consensus forecast is for a gain of 700,000 nonfarm payrolls, after a disappointing 266,000 in April. The unemployment rate is expected to tick down to 5.9%, from 6.1%.Other data out this week include the Institute for Supply Management’s Manufacturing Purchasing Managers’ Index for May on Tuesday and the Services equivalent on Thursday. Both are seen staying roughly even with April’s buoyant levels. The Organization for Economic Cooperation and Development also releases its latest economic outlook on Monday.Monday 5/31Stock and fixed-income markets are closed in observance of Memorial Day.The Organizationfor Economic Cooperation and Development releases its latest economic outlook. In its March interim report, the OECD projected a 5.6% growth rate for global gross domestic product in 2021, an upward revision of a full percentage point from the December 2020 forecast.Tuesday 6/1Bank of Nova Scotia,Canopy Growth, Hewlett Packard Enterprise, and Zoom Video Communications announce quarterly results.The Institute for SupplyManagement releases its Manufacturing Purchasing Managers’ Index for May. Consensus estimate is for a 60.8 reading, roughly even with the April data.The Census Bureaureports construction spending for April. Expectations are for a 0.6% month-over-month rise to a seasonally adjusted annual rate of $1.52 trillion. Construction spending remains just below its all-time peak in January of this year.Wednesday 6/2Advance Auto Parts,NetApp,and PVH report earnings.Philip Morris Internationalhosts a webcast led by CEO Jacek Olczak to discuss the company’s sustainability strategy.The Federal Reservereleases the beige book for the fourth of eight times this year. The report presents anecdotal data on the health of the economy collected by the 12 Federal Reserve Bank districts.Thursday 6/3ADP releases its National Employmentreport for May. Consensus estimate is for a 610,000 gain in nonfarm private-sector employment, following an increase of 742,000 in April.Broadcom,CooperCos., DocuSign,J.M. Smucker,and Lululemon Athletica hold conference calls to discuss earnings.The Bureau of Economic Analysisreports total light-vehicle sales for May. In April, they hit a seasonally adjusted annual rate of 18.5 million, the highest figure since July 2005.The ISM releasesits Services PMI for May. Consensus estimate is for a 63.2 reading, compared with April’s 62.7 figure.Friday 6/4Amgenhosts a conference call to discuss drug trial data from its oncology pipeline. The information will be presented at the 2021 American Society of Clinical Oncology annual meeting, which runs virtually from June 4 through June 8.The Bureau of LaborStatistics releases the jobs report for May. Economists forecast a 700,000 rise in nonfarm payrolls, after a relatively modest 266,000 gain in April. The unemployment rate is expected to edge down to 5.9% from 6.1%. The April increase was a massive shortfall from the one million jump expected by some economists.","news_type":1},"isVote":1,"tweetType":1,"viewCount":81,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":100717476,"gmtCreate":1619650961895,"gmtModify":1704727249893,"author":{"id":"3577917241557928","authorId":"3577917241557928","name":"Andtendo","avatar":"https://static.tigerbbs.com/a36b92c865704901397ab4e190d5ad8a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/100717476","repostId":"1132578048","repostType":4,"repost":{"id":"1132578048","pubTimestamp":1619648236,"share":"https://www.laohu8.com/m/news/1132578048?lang=&edition=full","pubTime":"2021-04-29 06:17","market":"us","language":"en","title":"Facebook revenue rises 48%, driven by higher-priced ads","url":"https://stock-news.laohu8.com/highlight/detail?id=1132578048","media":"CNBC","summary":"Facebook beat on both earnings and revenue in Q1, and the stock rose as much as 6% after hours.\nThe ","content":"<div>\n<p>Facebook beat on both earnings and revenue in Q1, and the stock rose as much as 6% after hours.\nThe company attributed its massive revenue growth to a 30% increase in the average price per ad, as well...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/28/facebook-fb-earnings-q1-2021.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>Facebook revenue rises 48%, driven by higher-priced ads</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\">\nFacebook revenue rises 48%, driven by higher-priced ads\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-29 06:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/04/28/facebook-fb-earnings-q1-2021.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Facebook beat on both earnings and revenue in Q1, and the stock rose as much as 6% after hours.\nThe company attributed its massive revenue growth to a 30% increase in the average price per ad, as well...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/28/facebook-fb-earnings-q1-2021.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.cnbc.com/2021/04/28/facebook-fb-earnings-q1-2021.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1132578048","content_text":"Facebook beat on both earnings and revenue in Q1, and the stock rose as much as 6% after hours.\nThe company attributed its massive revenue growth to a 30% increase in the average price per ad, as well as a 12% increase in number of ads shown.\nIt also reduced its forecast for capital expenditures for the year to between $19 billion and $21 billion.\n\nFacebook stock price was up more than 6% in after-hours trading on Wednesday after the company released its first-quarter earnings, beating Wall Street’s expectations for earnings and revenue.\n\nHere’s how the social media giant fared in the quarter, relative to estimates compiled by Refinitiv:\n\nEarnings:$3.30 per share vs. $2.37 per share forecast\nRevenue: $26.17 billion vs. $23.67 billion expected\nDaily active users (DAUs): 1.88 billion vs. 1.89 billion forecast by FactSet\nMonthly active users (MAUs): 2.85 billion vs. 2.86 billion forecast by FactSet\nAverage revenue per user (ARPU):$9.27 vs. $8.40 forecast by FactSet\n\n\nThe company reported revenue of $26.17 billion for the quarter, which was up 48% compared with a year prior. Facebook’s net income grew 94% to $9.5 billion, from $4.9 billion a year prior.\nFacebook attributed the significant increase in revenue to a 30% year-over-year increase in the average price per ad and a 12% increase in the number of ads delivered.\nFacebook said it expects its revenue growth to remain stable or accelerate modestly in the second quarter compared with slower growth a year prior due to the pandemic. The company, however, expects revenue growth in the third and fourth quarters to significantly decelerate sequentially compared with fast growth experienced during those periods a year prior as a result of the pandemic.\nAdditionally, the company is bracing for “ad targeting headwinds” as a result of regulatory and platform challenges. Most notably, this includes Apple’s recent privacy changes in iOS 14 that may make it more difficult for the company to personalize ads for iPhone and iPad users. This iOS 14 change will begin having an impact on Facebook’s ad targeting in the second quarter.\nFacebook CEO Mark Zuckerberg talked about the company’sfocus on building e-commerce featuresas a key part of deliveringa “personalized” experienceto users. Zuckerberg also announced that the company now counts more than 1 billion monthly active users who visit Facebook’s Marketplace service, where users can buy and sell goods.\n“Commerce have been growing in our services for a while, but it has become a lot more important as the pandemic has accelerated a broader shift towards businesses moving online,” Zuckerberg said.\nZuckerberg also reiterated a number of new features the company is building forInstagram creators to make money. He said those features will incentivize creators to post more content on Instagram.\n“If we become the best place for creators to make a living that’s going to mean that there’s better content across the services and better opportunities for community building and engaging people,” Zuckerberg said. “And that’s what we care about.”\nFacebook’s stock rose slightly following Zuckerberg’s remarks on these upcoming creator features.\nFacebook said it counts 3.45 billion monthly users across its family of apps, compared with 3.30 billion in the previous quarter. This metric is used to measure Facebook’s total user base across its main app, Instagram, Messenger and WhatsApp.\nIn the U.S. and Canada, Facebook’s user base remained flat at 195 million daily active users for the second consecutive quarter. Its user base in Europe increased to 309 million daily active users, up from 308 million in the fourth quarter.\n\nFacebook’s “Other” revenue came in at $732 million for the quarter, up 146% compared with last year. That accounted for nearly 3% of Facebook’s revenue in the quarter. This includes sales of Oculus virtual reality headsets and Portal video-chatting devices.\nThe company also said it expects its 2021 capital expenditures to be in the range of $19 billion to $21 billion, which is down from the prior estimate of between $21 billion and $23 billion that it had provided.","news_type":1},"isVote":1,"tweetType":1,"viewCount":205,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":151645324,"gmtCreate":1625091432068,"gmtModify":1703735782939,"author":{"id":"3577917241557928","authorId":"3577917241557928","name":"Andtendo","avatar":"https://static.tigerbbs.com/a36b92c865704901397ab4e190d5ad8a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like and comment please &lt;3","listText":"Like and comment please &lt;3","text":"Like and comment please <3","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/151645324","repostId":"1153116027","repostType":4,"repost":{"id":"1153116027","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":1625065414,"share":"https://www.laohu8.com/m/news/1153116027?lang=&edition=full","pubTime":"2021-06-30 23:03","market":"us","language":"en","title":"Clear Secure spikes 34% on its first day of trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1153116027","media":"Tiger Newspress","summary":"Coupang shares opened at $38.66 each on Wednesday, about 34% higher than the company’s IPO price.\n\nQ","content":"<p>Coupang shares opened at $38.66&nbsp;each on Wednesday, about 34% higher than the company’s IPO price.</p>\n<p><img src=\"https://static.tigerbbs.com/7f9504efc022356069cbe31bc7d9fd4c\" tg-width=\"840\" tg-height=\"470\"></p>\n<p><b>Quick Take</b></p>\n<p>Clear Secure (YOU) as filed to raise $376 million in an IPO of its Class A common stock, according to an S-1/Aregistration statement.</p>\n<p>The firm provides membership-based security enrollment services for access to various public and private venues.</p>\n<p>YOU produced contracting topline revenue and related metrics in Q1 2021 and the IPO appears pricey, so I'll pass on the IPO.</p>\n<p><b>Company &amp; Technology</b></p>\n<p>New York, New York-based Clear Secure was founded to create a security platform enabling subscribers to demonstrate their identity and receive faster or more convenient access to venues and transportation systems in the U.S.</p>\n<p>Management is headed by Chair and CEO Ms. Caryn Seidman-Becker, who has been with the firm since 2010 and was previously founder of Arience Capital and managing director at Iridian Asset Management.</p>\n<p>The company’s primary offerings include:</p>\n<ul>\n <li>CLEAR - venue access subscription service</li>\n <li>CLEAR Plus - CLEAR plus aviation system access subscription service</li>\n <li>Health Pass - health identity connected to digital health credential</li>\n</ul>\n<p>Clear Secure has received at least $651 million in equity investment from investors including Alclear Investments, T. Rowe Price &amp; Associates Funds, General Atlantic, William Miller III, Delta Air Lines and Durable Capital.</p>\n<p><b>Customer/User Acquisition</b></p>\n<p>The firm has focused its direct sales &amp; marketing efforts on U.S. airports, stadiums and major venues.</p>\n<p>As of May 31, 2021, it counted 38 airports, 26 sports and entertainment venues and 67 Health Pass-enabled partners and events for 100 unique locations as well as numerous offices, theaters, casinos, theme parks and restaurants.</p>\n<p>Sales and Marketing expenses as a percentage of total revenue have fluctuated as revenues have varied, as the figures below indicate:</p>\n<p></p>\n<p><img src=\"https://static.tigerbbs.com/b771264433e9ae9822f0c8f3ff09e491\" tg-width=\"552\" tg-height=\"274\" referrerpolicy=\"no-referrer\"></p>\n<p></p>\n<p></p>\n<p>The Sales and Marketing efficiency rate, defined as how many dollars of additional new revenue are generated by each dollar of Sales and Marketing spend, swung to a negative 2.2x in the most recent reporting period, as shown in the table below:</p>\n<p></p>\n<p><img src=\"https://static.tigerbbs.com/3579f0c3282e320968d830529b1e5ecc\" tg-width=\"553\" tg-height=\"223\" referrerpolicy=\"no-referrer\"></p>\n<p></p>\n<p></p>\n<p>The firm’s CLEAR Plus member retention rate for 2020 was 78.8%. Management said it expects the negative effects of the COVID-19 pandemic to affect its airport enrollments and business in 2021 and beyond.</p>\n<p><b>Market &amp; Competition</b></p>\n<p>According to a 2018 marketresearch reportby Fortune Business Insights, the global stadium security market was an estimated $6.2 billion in 2017 and is forecast to reach $16 billion by 2025.</p>\n<p>This represents a forecast CAGR of 12.8% from 2018 to 2025.</p>\n<p>The main drivers for this expected growth are a rise in terrorist threat scenarios as well as a need to handle large crowds in a safe manner.</p>\n<p>Also, stadium and venue owners are seeking advanced security measures as more options become available.</p>\n<p>Below is a chart showing the stadium security market historical and forecast growth trajectory:</p>\n<p></p>\n<p><img src=\"https://static.tigerbbs.com/6156ca7be4be93d813c09e0d9e25f4fd\" tg-width=\"1280\" tg-height=\"716\" referrerpolicy=\"no-referrer\"></p>\n<p></p>\n<p></p>\n<p>(Source)</p>\n<p>Notably, the software &amp; services segment was expected to grow at the fastest rate through 2025.</p>\n<p>Major competitive or other industry participants include:</p>\n<ul>\n <li>Telos Identity</li>\n <li>Idemia Identity &amp; Security</li>\n <li>PricewaterhouseCoopers</li>\n <li>Salesforce</li>\n <li>IBM</li>\n <li>Amazon</li>\n <li>Apple</li>\n <li>Facebook</li>\n <li>Google</li>\n</ul>\n<p><b>Financial Performance</b></p>\n<p>Clear Secure’s recent financial results can be summarized as follows:</p>\n<ul>\n <li>Contracting topline revenue in Q1 2021</li>\n <li>Reduced gross profit and fluctuating gross margin</li>\n <li>Increased operating losses</li>\n <li>Uneven cash flow from operations</li>\n</ul>\n<p>Below are relevant financial results derived from the firm’s registration statement:</p>\n<p></p>\n<p><img src=\"https://static.tigerbbs.com/9fd36b19e2a8c0722e8f5234e3d89e93\" tg-width=\"554\" tg-height=\"559\" referrerpolicy=\"no-referrer\"></p>\n<p></p>\n<p><img src=\"https://static.tigerbbs.com/830d7c058bba120b50f65f4569a16e85\" tg-width=\"551\" tg-height=\"557\" referrerpolicy=\"no-referrer\"></p>\n<p></p>\n<p><img src=\"https://static.tigerbbs.com/14b46d1fd8cd4d7cf5dbbec6b9e03797\" tg-width=\"556\" tg-height=\"558\" referrerpolicy=\"no-referrer\"></p>\n<p></p>\n<p></p>\n<p>As of March 31, 2021, Clear Secure had $176 million in cash and $161.8 million in total liabilities.</p>\n<p>Free cash flow during the twelve months ended March 31, 2021, was $8.2 million.</p>\n<p><b>IPO Details</b></p>\n<p>Clear Secure intends to raise $376 million in gross proceeds from an IPO of its Class A common stock, offering 13.2 million shares at a proposed midpoint price of $28.50 per share.</p>\n<p>Class A and Class C common stockholders will be entitled to receive one vote per share and Class B and Class D shareholders will have 20 votes per share.</p>\n<p>The S&amp;P 500 Index no longer admits firms with multiple classes of stock into its index.</p>\n<p>No existing shareholders have indicated an interest to purchase shares at the IPO price.</p>\n<p>Assuming a successful IPO, the company’s enterprise value at IPO would approximate $3.7 billion, excluding the effects of underwriter over-allotment options.</p>\n<p>Excluding effects of underwriter options and private placement shares or restricted stock, if any, the float to outstanding shares ratio will be approximately 8.93%. A figure under 10% is generally considered a ‘low float’ stock which can be subject to significant price volatility.</p>\n<p>Management says it will use the net proceeds from the IPO as follows:</p>\n<blockquote>\n We intend to contribute the net proceeds from this offering to Alclear in exchange for a number of Alclear Units equal to the contribution amount divided by the price paid by the underwriters for shares of our Class A common stock in this offering (13,200,000 Alclear Units at the midpoint of the estimated public offering price range set forth on the cover page of this prospectus or, if the underwriters exercise their option to purchase additional shares in full, 15,180,000 Alclear Units), and to cause Alclear to use such contributed amount to pay offering expenses and for general corporate purposes. (Source)\n</blockquote>\n<p>Management’s presentation of the company roadshow isavailable here.</p>\n<p>Listed bookrunners of the IPO are Goldman Sachs, J.P. Morgan, Allen &amp; Company, Wells Fargo Securities, LionTree, Stifel, Telsey Advisory Group, Centerview Partners, Loop Capital Markets and Roberts &amp; Ryan.</p>\n<p><b>Valuation Metrics</b></p>\n<p>Below is a table of relevant capitalization and valuation figures for the company:</p>\n<p></p>\n<p><img src=\"https://static.tigerbbs.com/0bee8c66f2a51c304ca1719144766210\" tg-width=\"553\" tg-height=\"641\" referrerpolicy=\"no-referrer\"></p>\n<p></p>\n<p></p>\n<p><b>Commentary</b></p>\n<p>Clear Secure is seeking public investment capital for unspecified future corporate expansion plans.</p>\n<p>The company’s financials showed resilience in 2020 but a significant drop in topline revenue in Q1 2021 and continued operating losses with a lack of path to operating breakeven.</p>\n<p>Free cash flow for the twelve months ended March 31, 2021, was $8.2 million.</p>\n<p>Sales and Marketing expenses as a percentage of total revenue have varied as revenue has fluctuated; its Sales and Marketing efficiency rate swung to a negative 2.2x in the most recent reporting period.</p>\n<p>The market opportunity for providing preferred venue and travel access services is significant but has been affected negatively by the COVID-19 pandemic, at least in the short term.</p>\n<p>Management responded by developing its Health Pass service during 2020.</p>\n<p>Goldman Sachs is the lead left underwriter and IPOs led by the firm over the last 12-month period have generated an average return of 46.6% since their IPO. This is a top-tier performance for all major underwriters during the period.</p>\n<p>The primary risk to the company’s outlook is the ongoing uncertainties brought about by the COVID-19 pandemic and changing consumer habits.</p>\n<p>As for valuation, YOU is primarily a subscription-based business and is asking investors at IPO to pay an Enterprise Value / Revenue multiple of 16.8x, which is well above the typical software-based SaaS public stock median, as shown below:</p>\n<p></p>\n<p><img src=\"https://static.tigerbbs.com/e400ff06b7afa10def8dee92ad2826f0\" tg-width=\"1093\" tg-height=\"744\" referrerpolicy=\"no-referrer\"></p>\n<p></p>\n<p>I’m also concerned by the contraction in topline revenue and related metrics in Q1 2021...not a good result leading into the IPO.</p>\n<p>I'll watch the IPO from the sidelines.</p>\n<p>Expected IPO Pricing Date: June 29, 2021</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>Clear Secure spikes 34% on its first day of 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\">\nClear Secure spikes 34% on its first day of 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\">2021-06-30 23:03</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Coupang shares opened at $38.66&nbsp;each on Wednesday, about 34% higher than the company’s IPO price.</p>\n<p><img src=\"https://static.tigerbbs.com/7f9504efc022356069cbe31bc7d9fd4c\" tg-width=\"840\" tg-height=\"470\"></p>\n<p><b>Quick Take</b></p>\n<p>Clear Secure (YOU) as filed to raise $376 million in an IPO of its Class A common stock, according to an S-1/Aregistration statement.</p>\n<p>The firm provides membership-based security enrollment services for access to various public and private venues.</p>\n<p>YOU produced contracting topline revenue and related metrics in Q1 2021 and the IPO appears pricey, so I'll pass on the IPO.</p>\n<p><b>Company &amp; Technology</b></p>\n<p>New York, New York-based Clear Secure was founded to create a security platform enabling subscribers to demonstrate their identity and receive faster or more convenient access to venues and transportation systems in the U.S.</p>\n<p>Management is headed by Chair and CEO Ms. Caryn Seidman-Becker, who has been with the firm since 2010 and was previously founder of Arience Capital and managing director at Iridian Asset Management.</p>\n<p>The company’s primary offerings include:</p>\n<ul>\n <li>CLEAR - venue access subscription service</li>\n <li>CLEAR Plus - CLEAR plus aviation system access subscription service</li>\n <li>Health Pass - health identity connected to digital health credential</li>\n</ul>\n<p>Clear Secure has received at least $651 million in equity investment from investors including Alclear Investments, T. Rowe Price &amp; Associates Funds, General Atlantic, William Miller III, Delta Air Lines and Durable Capital.</p>\n<p><b>Customer/User Acquisition</b></p>\n<p>The firm has focused its direct sales &amp; marketing efforts on U.S. airports, stadiums and major venues.</p>\n<p>As of May 31, 2021, it counted 38 airports, 26 sports and entertainment venues and 67 Health Pass-enabled partners and events for 100 unique locations as well as numerous offices, theaters, casinos, theme parks and restaurants.</p>\n<p>Sales and Marketing expenses as a percentage of total revenue have fluctuated as revenues have varied, as the figures below indicate:</p>\n<p></p>\n<p><img src=\"https://static.tigerbbs.com/b771264433e9ae9822f0c8f3ff09e491\" tg-width=\"552\" tg-height=\"274\" referrerpolicy=\"no-referrer\"></p>\n<p></p>\n<p></p>\n<p>The Sales and Marketing efficiency rate, defined as how many dollars of additional new revenue are generated by each dollar of Sales and Marketing spend, swung to a negative 2.2x in the most recent reporting period, as shown in the table below:</p>\n<p></p>\n<p><img src=\"https://static.tigerbbs.com/3579f0c3282e320968d830529b1e5ecc\" tg-width=\"553\" tg-height=\"223\" referrerpolicy=\"no-referrer\"></p>\n<p></p>\n<p></p>\n<p>The firm’s CLEAR Plus member retention rate for 2020 was 78.8%. Management said it expects the negative effects of the COVID-19 pandemic to affect its airport enrollments and business in 2021 and beyond.</p>\n<p><b>Market &amp; Competition</b></p>\n<p>According to a 2018 marketresearch reportby Fortune Business Insights, the global stadium security market was an estimated $6.2 billion in 2017 and is forecast to reach $16 billion by 2025.</p>\n<p>This represents a forecast CAGR of 12.8% from 2018 to 2025.</p>\n<p>The main drivers for this expected growth are a rise in terrorist threat scenarios as well as a need to handle large crowds in a safe manner.</p>\n<p>Also, stadium and venue owners are seeking advanced security measures as more options become available.</p>\n<p>Below is a chart showing the stadium security market historical and forecast growth trajectory:</p>\n<p></p>\n<p><img src=\"https://static.tigerbbs.com/6156ca7be4be93d813c09e0d9e25f4fd\" tg-width=\"1280\" tg-height=\"716\" referrerpolicy=\"no-referrer\"></p>\n<p></p>\n<p></p>\n<p>(Source)</p>\n<p>Notably, the software &amp; services segment was expected to grow at the fastest rate through 2025.</p>\n<p>Major competitive or other industry participants include:</p>\n<ul>\n <li>Telos Identity</li>\n <li>Idemia Identity &amp; Security</li>\n <li>PricewaterhouseCoopers</li>\n <li>Salesforce</li>\n <li>IBM</li>\n <li>Amazon</li>\n <li>Apple</li>\n <li>Facebook</li>\n <li>Google</li>\n</ul>\n<p><b>Financial Performance</b></p>\n<p>Clear Secure’s recent financial results can be summarized as follows:</p>\n<ul>\n <li>Contracting topline revenue in Q1 2021</li>\n <li>Reduced gross profit and fluctuating gross margin</li>\n <li>Increased operating losses</li>\n <li>Uneven cash flow from operations</li>\n</ul>\n<p>Below are relevant financial results derived from the firm’s registration statement:</p>\n<p></p>\n<p><img src=\"https://static.tigerbbs.com/9fd36b19e2a8c0722e8f5234e3d89e93\" tg-width=\"554\" tg-height=\"559\" referrerpolicy=\"no-referrer\"></p>\n<p></p>\n<p><img src=\"https://static.tigerbbs.com/830d7c058bba120b50f65f4569a16e85\" tg-width=\"551\" tg-height=\"557\" referrerpolicy=\"no-referrer\"></p>\n<p></p>\n<p><img src=\"https://static.tigerbbs.com/14b46d1fd8cd4d7cf5dbbec6b9e03797\" tg-width=\"556\" tg-height=\"558\" referrerpolicy=\"no-referrer\"></p>\n<p></p>\n<p></p>\n<p>As of March 31, 2021, Clear Secure had $176 million in cash and $161.8 million in total liabilities.</p>\n<p>Free cash flow during the twelve months ended March 31, 2021, was $8.2 million.</p>\n<p><b>IPO Details</b></p>\n<p>Clear Secure intends to raise $376 million in gross proceeds from an IPO of its Class A common stock, offering 13.2 million shares at a proposed midpoint price of $28.50 per share.</p>\n<p>Class A and Class C common stockholders will be entitled to receive one vote per share and Class B and Class D shareholders will have 20 votes per share.</p>\n<p>The S&amp;P 500 Index no longer admits firms with multiple classes of stock into its index.</p>\n<p>No existing shareholders have indicated an interest to purchase shares at the IPO price.</p>\n<p>Assuming a successful IPO, the company’s enterprise value at IPO would approximate $3.7 billion, excluding the effects of underwriter over-allotment options.</p>\n<p>Excluding effects of underwriter options and private placement shares or restricted stock, if any, the float to outstanding shares ratio will be approximately 8.93%. A figure under 10% is generally considered a ‘low float’ stock which can be subject to significant price volatility.</p>\n<p>Management says it will use the net proceeds from the IPO as follows:</p>\n<blockquote>\n We intend to contribute the net proceeds from this offering to Alclear in exchange for a number of Alclear Units equal to the contribution amount divided by the price paid by the underwriters for shares of our Class A common stock in this offering (13,200,000 Alclear Units at the midpoint of the estimated public offering price range set forth on the cover page of this prospectus or, if the underwriters exercise their option to purchase additional shares in full, 15,180,000 Alclear Units), and to cause Alclear to use such contributed amount to pay offering expenses and for general corporate purposes. (Source)\n</blockquote>\n<p>Management’s presentation of the company roadshow isavailable here.</p>\n<p>Listed bookrunners of the IPO are Goldman Sachs, J.P. Morgan, Allen &amp; Company, Wells Fargo Securities, LionTree, Stifel, Telsey Advisory Group, Centerview Partners, Loop Capital Markets and Roberts &amp; Ryan.</p>\n<p><b>Valuation Metrics</b></p>\n<p>Below is a table of relevant capitalization and valuation figures for the company:</p>\n<p></p>\n<p><img src=\"https://static.tigerbbs.com/0bee8c66f2a51c304ca1719144766210\" tg-width=\"553\" tg-height=\"641\" referrerpolicy=\"no-referrer\"></p>\n<p></p>\n<p></p>\n<p><b>Commentary</b></p>\n<p>Clear Secure is seeking public investment capital for unspecified future corporate expansion plans.</p>\n<p>The company’s financials showed resilience in 2020 but a significant drop in topline revenue in Q1 2021 and continued operating losses with a lack of path to operating breakeven.</p>\n<p>Free cash flow for the twelve months ended March 31, 2021, was $8.2 million.</p>\n<p>Sales and Marketing expenses as a percentage of total revenue have varied as revenue has fluctuated; its Sales and Marketing efficiency rate swung to a negative 2.2x in the most recent reporting period.</p>\n<p>The market opportunity for providing preferred venue and travel access services is significant but has been affected negatively by the COVID-19 pandemic, at least in the short term.</p>\n<p>Management responded by developing its Health Pass service during 2020.</p>\n<p>Goldman Sachs is the lead left underwriter and IPOs led by the firm over the last 12-month period have generated an average return of 46.6% since their IPO. This is a top-tier performance for all major underwriters during the period.</p>\n<p>The primary risk to the company’s outlook is the ongoing uncertainties brought about by the COVID-19 pandemic and changing consumer habits.</p>\n<p>As for valuation, YOU is primarily a subscription-based business and is asking investors at IPO to pay an Enterprise Value / Revenue multiple of 16.8x, which is well above the typical software-based SaaS public stock median, as shown below:</p>\n<p></p>\n<p><img src=\"https://static.tigerbbs.com/e400ff06b7afa10def8dee92ad2826f0\" tg-width=\"1093\" tg-height=\"744\" referrerpolicy=\"no-referrer\"></p>\n<p></p>\n<p>I’m also concerned by the contraction in topline revenue and related metrics in Q1 2021...not a good result leading into the IPO.</p>\n<p>I'll watch the IPO from the sidelines.</p>\n<p>Expected IPO Pricing Date: June 29, 2021</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"YOU":"Clear Secure, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1153116027","content_text":"Coupang shares opened at $38.66 each on Wednesday, about 34% higher than the company’s IPO price.\n\nQuick Take\nClear Secure (YOU) as filed to raise $376 million in an IPO of its Class A common stock, according to an S-1/Aregistration statement.\nThe firm provides membership-based security enrollment services for access to various public and private venues.\nYOU produced contracting topline revenue and related metrics in Q1 2021 and the IPO appears pricey, so I'll pass on the IPO.\nCompany & Technology\nNew York, New York-based Clear Secure was founded to create a security platform enabling subscribers to demonstrate their identity and receive faster or more convenient access to venues and transportation systems in the U.S.\nManagement is headed by Chair and CEO Ms. Caryn Seidman-Becker, who has been with the firm since 2010 and was previously founder of Arience Capital and managing director at Iridian Asset Management.\nThe company’s primary offerings include:\n\nCLEAR - venue access subscription service\nCLEAR Plus - CLEAR plus aviation system access subscription service\nHealth Pass - health identity connected to digital health credential\n\nClear Secure has received at least $651 million in equity investment from investors including Alclear Investments, T. Rowe Price & Associates Funds, General Atlantic, William Miller III, Delta Air Lines and Durable Capital.\nCustomer/User Acquisition\nThe firm has focused its direct sales & marketing efforts on U.S. airports, stadiums and major venues.\nAs of May 31, 2021, it counted 38 airports, 26 sports and entertainment venues and 67 Health Pass-enabled partners and events for 100 unique locations as well as numerous offices, theaters, casinos, theme parks and restaurants.\nSales and Marketing expenses as a percentage of total revenue have fluctuated as revenues have varied, as the figures below indicate:\n\n\n\n\nThe Sales and Marketing efficiency rate, defined as how many dollars of additional new revenue are generated by each dollar of Sales and Marketing spend, swung to a negative 2.2x in the most recent reporting period, as shown in the table below:\n\n\n\n\nThe firm’s CLEAR Plus member retention rate for 2020 was 78.8%. Management said it expects the negative effects of the COVID-19 pandemic to affect its airport enrollments and business in 2021 and beyond.\nMarket & Competition\nAccording to a 2018 marketresearch reportby Fortune Business Insights, the global stadium security market was an estimated $6.2 billion in 2017 and is forecast to reach $16 billion by 2025.\nThis represents a forecast CAGR of 12.8% from 2018 to 2025.\nThe main drivers for this expected growth are a rise in terrorist threat scenarios as well as a need to handle large crowds in a safe manner.\nAlso, stadium and venue owners are seeking advanced security measures as more options become available.\nBelow is a chart showing the stadium security market historical and forecast growth trajectory:\n\n\n\n\n(Source)\nNotably, the software & services segment was expected to grow at the fastest rate through 2025.\nMajor competitive or other industry participants include:\n\nTelos Identity\nIdemia Identity & Security\nPricewaterhouseCoopers\nSalesforce\nIBM\nAmazon\nApple\nFacebook\nGoogle\n\nFinancial Performance\nClear Secure’s recent financial results can be summarized as follows:\n\nContracting topline revenue in Q1 2021\nReduced gross profit and fluctuating gross margin\nIncreased operating losses\nUneven cash flow from operations\n\nBelow are relevant financial results derived from the firm’s registration statement:\n\n\n\n\n\n\n\n\nAs of March 31, 2021, Clear Secure had $176 million in cash and $161.8 million in total liabilities.\nFree cash flow during the twelve months ended March 31, 2021, was $8.2 million.\nIPO Details\nClear Secure intends to raise $376 million in gross proceeds from an IPO of its Class A common stock, offering 13.2 million shares at a proposed midpoint price of $28.50 per share.\nClass A and Class C common stockholders will be entitled to receive one vote per share and Class B and Class D shareholders will have 20 votes per share.\nThe S&P 500 Index no longer admits firms with multiple classes of stock into its index.\nNo existing shareholders have indicated an interest to purchase shares at the IPO price.\nAssuming a successful IPO, the company’s enterprise value at IPO would approximate $3.7 billion, excluding the effects of underwriter over-allotment options.\nExcluding effects of underwriter options and private placement shares or restricted stock, if any, the float to outstanding shares ratio will be approximately 8.93%. A figure under 10% is generally considered a ‘low float’ stock which can be subject to significant price volatility.\nManagement says it will use the net proceeds from the IPO as follows:\n\n We intend to contribute the net proceeds from this offering to Alclear in exchange for a number of Alclear Units equal to the contribution amount divided by the price paid by the underwriters for shares of our Class A common stock in this offering (13,200,000 Alclear Units at the midpoint of the estimated public offering price range set forth on the cover page of this prospectus or, if the underwriters exercise their option to purchase additional shares in full, 15,180,000 Alclear Units), and to cause Alclear to use such contributed amount to pay offering expenses and for general corporate purposes. (Source)\n\nManagement’s presentation of the company roadshow isavailable here.\nListed bookrunners of the IPO are Goldman Sachs, J.P. Morgan, Allen & Company, Wells Fargo Securities, LionTree, Stifel, Telsey Advisory Group, Centerview Partners, Loop Capital Markets and Roberts & Ryan.\nValuation Metrics\nBelow is a table of relevant capitalization and valuation figures for the company:\n\n\n\n\nCommentary\nClear Secure is seeking public investment capital for unspecified future corporate expansion plans.\nThe company’s financials showed resilience in 2020 but a significant drop in topline revenue in Q1 2021 and continued operating losses with a lack of path to operating breakeven.\nFree cash flow for the twelve months ended March 31, 2021, was $8.2 million.\nSales and Marketing expenses as a percentage of total revenue have varied as revenue has fluctuated; its Sales and Marketing efficiency rate swung to a negative 2.2x in the most recent reporting period.\nThe market opportunity for providing preferred venue and travel access services is significant but has been affected negatively by the COVID-19 pandemic, at least in the short term.\nManagement responded by developing its Health Pass service during 2020.\nGoldman Sachs is the lead left underwriter and IPOs led by the firm over the last 12-month period have generated an average return of 46.6% since their IPO. This is a top-tier performance for all major underwriters during the period.\nThe primary risk to the company’s outlook is the ongoing uncertainties brought about by the COVID-19 pandemic and changing consumer habits.\nAs for valuation, YOU is primarily a subscription-based business and is asking investors at IPO to pay an Enterprise Value / Revenue multiple of 16.8x, which is well above the typical software-based SaaS public stock median, as shown below:\n\n\n\nI’m also concerned by the contraction in topline revenue and related metrics in Q1 2021...not a good result leading into the IPO.\nI'll watch the IPO from the sidelines.\nExpected IPO Pricing Date: June 29, 2021","news_type":1},"isVote":1,"tweetType":1,"viewCount":147,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":806498886,"gmtCreate":1627687233745,"gmtModify":1703494576520,"author":{"id":"3577917241557928","authorId":"3577917241557928","name":"Andtendo","avatar":"https://static.tigerbbs.com/a36b92c865704901397ab4e190d5ad8a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/806498886","repostId":"1121501806","repostType":4,"repost":{"id":"1121501806","pubTimestamp":1627687085,"share":"https://www.laohu8.com/m/news/1121501806?lang=&edition=full","pubTime":"2021-07-31 07:18","market":"us","language":"en","title":"Big Tech Earnings Sparkled. There’s Reason to Worry About What Comes Next.","url":"https://stock-news.laohu8.com/highlight/detail?id=1121501806","media":"Barron's","summary":"Big tech stocks keep getting bigger. Their market caps, not so much.\nThis past week, the world’s fiv","content":"<p>Big tech stocks keep getting bigger. Their market caps, not so much.</p>\n<p>This past week, the world’s five largest tech companies—<a href=\"https://laohu8.com/S/AAPL\">Apple</a>(ticker: AAPL),<a href=\"https://laohu8.com/S/MSFT\">Microsoft</a>(MSFT),<a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a>(AMZN),<a href=\"https://laohu8.com/S/GOOG\">Alphabet</a>(GOOGL), andFacebook(FB)—all reported quarterly results. Their collective performance was astonishing. As a group, their revenue increased 36%, to $332 billion. These companies spent the pandemic making gobs of money.</p>\n<p>Butinvestors were unimpressed. While <a href=\"https://laohu8.com/S/GOOGL\">Alphabet</a> inched 1.3% higher for the week, the others were all down. Amazongot the worst reception; its stock fell 7.6% on Friday. With all five hovering near all-time highs, investors are taking profits, worried that growth rates are going to slow from here. Beneath the surface, the concerns are well founded. Here are the key takeaways from Big Tech’s huge earnings:</p>\n<p><b>The pandemic boom is over.</b>That’s not to say the pandemic itself is over—the Delta variant is wreaking havoc—but Americans have already made changes in their behavior, and those adjustments are having a major impact on the tech giants.</p>\n<p>It starts with e-commerce. Amazon Chief Financial Officer Brian Olsavsky said on the company’s earnings call that starting in mid-May, growth in e-commerce sales dropped into the midteens from the 30%-to-40% range. People are getting vaccines and leaving the house to buy things that just a few months ago they would have bought online. They’re also shifting some disposable income from online shopping to travel, restaurants, and even events. Olsavsky sees continued tough comparisons for Amazon—and midteens growth rates—for the next few quarters.</p>\n<p>Applebeat expectations in all of its segments, but growth is slowing there, too. Mac sales were up 16% in the June quarter, down from 70% growth three months earlier. iPad sales were up 12%, versus 79% in the March period. This is all still better than before the pandemic, but it suggests that the furious shopping spree for home offices and virtual schooling is coming to an end.Logitech(LOGI), which makes PC peripherals like mice and webcams, had 66% revenue growth in the June quarter, but it sees flat revenue for its fiscal year ending in March 2022.</p>\n<p><b>Component shortages continue.</b>The market’s biggest issue with <a href=\"https://laohu8.com/S/AAPL\">Apple</a>’s quarter was its warning that the chip supply shortage has worsened since the end of June—and that the issue will affect the availability of iPads and, even worse, iPhones. In September, Apple is expected torelease the iPhone 13—and there’s a risk that Apple might not be able to meet demand.<a href=\"https://laohu8.com/S/QCOM\">Qualcomm</a>(QCOM) this past week warned that the chip shortage could drag into 2022. This could take a while to fix.</p>\n<p>Meanwhile, Apple CEO Tim Cook said on the company’s earnings call that shipping costs are higher, too. I saw evidence of that from my seat at a San Francisco Giants game this past week. Looking past McCovey Cove toward San Francisco <a href=\"https://laohu8.com/S/BYBK\">Bay</a>, there were at least a dozen container ships lined up to get into the Port of Oakland, which saw an 11% increase in cargo volume in the first half. The port is backed up in part due to a shortage of dockworkers. Freight rates are at record levels, and the holiday merchandising season is fast approaching, adding to demand for freight capacity.</p>\n<p><b>Online advertising is blazing hot.</b>On a brighter note for investors, <a href=\"https://laohu8.com/S/GOOG\">Alphabet</a>’sad business grew 68% in the latest quarter, including an 84% jump in advertising at YouTube. <a href=\"https://laohu8.com/S/FB\">Facebook</a>’sad business grew 56%, driven by a 47% year-over-year increase in ad pricing. Amazon’s “other” revenue category, mostly ads, was up 87%, to $7.9 billion, nearly $1 billion better than Wall Street estimates. Apple doesn’t break out advertising, but ad strength contributed to the 33% growth in the company’s services business. <a href=\"https://laohu8.com/S/MSFT\">Microsoft</a> saw a53% jump in search ads(remember Bing?) and a 97% jump in advertising at <a href=\"https://laohu8.com/S/LNKD\">LinkedIn</a>. It all stems from the reopening of the economy. <a href=\"https://laohu8.com/S/GOOGL\">Alphabet</a> told analysts that the biggest driver of ad growth was retail, with strong contributions from travel, financial services, and media and entertainment. People are shopping, eating out, and going on vacation, and that’s driving ads.</p>\n<p><b>Cloud adoption is accelerating.</b>The digital transformation trend that everyone in enterprise computing talks about is the real deal. For Amazon, the slowdown in e-commerce growth overshadowed a fantastic quarter for its Amazon Web Services cloud unit, which grew 37%—accelerating from 32% in the March quarter— to $14.8 billion. That was $500 million better than estimates. Microsoft Azure revenue was up 51%, beating the Wall Street consensus by nine percentage points. Alphabet posted 54% growth in its Google Cloud business, accelerating from 46% growth in the March quarter. Google Cloud is rapidly approaching a $20 billion annual revenue run rate. Give it a cloud-like sales multiple of 20 times and the business is worth $400 billion, constituting more than 20% of Alphabet’s current market value.</p>\n<p><b>The wild card.</b>Regulators and legislators scrutinizing Big Tech are surely looking at the latest results and finding a new sense of purpose. The big are getting bigger. And the regulatory risks are getting riskier.</p>","source":"lsy1610680873436","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>Big Tech Earnings Sparkled. There’s Reason to Worry About What Comes Next.</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\">\nBig Tech Earnings Sparkled. There’s Reason to Worry About What Comes Next.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-31 07:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/articles/big-tech-earnings-stocks-51627680068?mod=mw_latestnews><strong>Barron's</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Big tech stocks keep getting bigger. Their market caps, not so much.\nThis past week, the world’s five largest tech companies—Apple(ticker: AAPL),Microsoft(MSFT),Amazon.com(AMZN),Alphabet(GOOGL), ...</p>\n\n<a href=\"https://www.marketwatch.com/articles/big-tech-earnings-stocks-51627680068?mod=mw_latestnews\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOGL":"谷歌A","AAPL":"苹果","AMZN":"亚马逊","MSFT":"微软","GOOG":"谷歌"},"source_url":"https://www.marketwatch.com/articles/big-tech-earnings-stocks-51627680068?mod=mw_latestnews","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1121501806","content_text":"Big tech stocks keep getting bigger. Their market caps, not so much.\nThis past week, the world’s five largest tech companies—Apple(ticker: AAPL),Microsoft(MSFT),Amazon.com(AMZN),Alphabet(GOOGL), andFacebook(FB)—all reported quarterly results. Their collective performance was astonishing. As a group, their revenue increased 36%, to $332 billion. These companies spent the pandemic making gobs of money.\nButinvestors were unimpressed. While Alphabet inched 1.3% higher for the week, the others were all down. Amazongot the worst reception; its stock fell 7.6% on Friday. With all five hovering near all-time highs, investors are taking profits, worried that growth rates are going to slow from here. Beneath the surface, the concerns are well founded. Here are the key takeaways from Big Tech’s huge earnings:\nThe pandemic boom is over.That’s not to say the pandemic itself is over—the Delta variant is wreaking havoc—but Americans have already made changes in their behavior, and those adjustments are having a major impact on the tech giants.\nIt starts with e-commerce. Amazon Chief Financial Officer Brian Olsavsky said on the company’s earnings call that starting in mid-May, growth in e-commerce sales dropped into the midteens from the 30%-to-40% range. People are getting vaccines and leaving the house to buy things that just a few months ago they would have bought online. They’re also shifting some disposable income from online shopping to travel, restaurants, and even events. Olsavsky sees continued tough comparisons for Amazon—and midteens growth rates—for the next few quarters.\nApplebeat expectations in all of its segments, but growth is slowing there, too. Mac sales were up 16% in the June quarter, down from 70% growth three months earlier. iPad sales were up 12%, versus 79% in the March period. This is all still better than before the pandemic, but it suggests that the furious shopping spree for home offices and virtual schooling is coming to an end.Logitech(LOGI), which makes PC peripherals like mice and webcams, had 66% revenue growth in the June quarter, but it sees flat revenue for its fiscal year ending in March 2022.\nComponent shortages continue.The market’s biggest issue with Apple’s quarter was its warning that the chip supply shortage has worsened since the end of June—and that the issue will affect the availability of iPads and, even worse, iPhones. In September, Apple is expected torelease the iPhone 13—and there’s a risk that Apple might not be able to meet demand.Qualcomm(QCOM) this past week warned that the chip shortage could drag into 2022. This could take a while to fix.\nMeanwhile, Apple CEO Tim Cook said on the company’s earnings call that shipping costs are higher, too. I saw evidence of that from my seat at a San Francisco Giants game this past week. Looking past McCovey Cove toward San Francisco Bay, there were at least a dozen container ships lined up to get into the Port of Oakland, which saw an 11% increase in cargo volume in the first half. The port is backed up in part due to a shortage of dockworkers. Freight rates are at record levels, and the holiday merchandising season is fast approaching, adding to demand for freight capacity.\nOnline advertising is blazing hot.On a brighter note for investors, Alphabet’sad business grew 68% in the latest quarter, including an 84% jump in advertising at YouTube. Facebook’sad business grew 56%, driven by a 47% year-over-year increase in ad pricing. Amazon’s “other” revenue category, mostly ads, was up 87%, to $7.9 billion, nearly $1 billion better than Wall Street estimates. Apple doesn’t break out advertising, but ad strength contributed to the 33% growth in the company’s services business. Microsoft saw a53% jump in search ads(remember Bing?) and a 97% jump in advertising at LinkedIn. It all stems from the reopening of the economy. Alphabet told analysts that the biggest driver of ad growth was retail, with strong contributions from travel, financial services, and media and entertainment. People are shopping, eating out, and going on vacation, and that’s driving ads.\nCloud adoption is accelerating.The digital transformation trend that everyone in enterprise computing talks about is the real deal. For Amazon, the slowdown in e-commerce growth overshadowed a fantastic quarter for its Amazon Web Services cloud unit, which grew 37%—accelerating from 32% in the March quarter— to $14.8 billion. That was $500 million better than estimates. Microsoft Azure revenue was up 51%, beating the Wall Street consensus by nine percentage points. Alphabet posted 54% growth in its Google Cloud business, accelerating from 46% growth in the March quarter. Google Cloud is rapidly approaching a $20 billion annual revenue run rate. Give it a cloud-like sales multiple of 20 times and the business is worth $400 billion, constituting more than 20% of Alphabet’s current market value.\nThe wild card.Regulators and legislators scrutinizing Big Tech are surely looking at the latest results and finding a new sense of purpose. The big are getting bigger. And the regulatory risks are getting riskier.","news_type":1},"isVote":1,"tweetType":1,"viewCount":88,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":147484306,"gmtCreate":1626384690505,"gmtModify":1703758963287,"author":{"id":"3577917241557928","authorId":"3577917241557928","name":"Andtendo","avatar":"https://static.tigerbbs.com/a36b92c865704901397ab4e190d5ad8a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like and comment please :)","listText":"Like and comment please :)","text":"Like and comment please :)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/147484306","repostId":"1165694388","repostType":4,"repost":{"id":"1165694388","pubTimestamp":1626362466,"share":"https://www.laohu8.com/m/news/1165694388?lang=&edition=full","pubTime":"2021-07-15 23:21","market":"us","language":"en","title":"Earnings results ahead may reignite a rally in cyclical stocks linked to the economy","url":"https://stock-news.laohu8.com/highlight/detail?id=1165694388","media":"CNBC","summary":"Earnings season may be a springboard for some cyclical companies to regain market leadership.\nProfit","content":"<div>\n<p>Earnings season may be a springboard for some cyclical companies to regain market leadership.\nProfitability for companies in sectors like industrials, materials and energy was hit hard during the ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/15/earnings-results-ahead-may-reignite-a-rally-in-cyclical-stocks-linked-to-the-economy.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>Earnings results ahead may reignite a rally in cyclical stocks linked to the economy</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\">\nEarnings results ahead may reignite a rally in cyclical stocks linked to the economy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-15 23:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/15/earnings-results-ahead-may-reignite-a-rally-in-cyclical-stocks-linked-to-the-economy.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Earnings season may be a springboard for some cyclical companies to regain market leadership.\nProfitability for companies in sectors like industrials, materials and energy was hit hard during the ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/15/earnings-results-ahead-may-reignite-a-rally-in-cyclical-stocks-linked-to-the-economy.html\">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","CAT":"卡特彼勒","DE":"迪尔股份有限公司"},"source_url":"https://www.cnbc.com/2021/07/15/earnings-results-ahead-may-reignite-a-rally-in-cyclical-stocks-linked-to-the-economy.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1165694388","content_text":"Earnings season may be a springboard for some cyclical companies to regain market leadership.\nProfitability for companies in sectors like industrials, materials and energy was hit hard during the pandemic, when the economy abruptly shut down. Now a year later, some of those companies’ second-quarterearnings are expected to double, triple or even jump fivefoldfrom Q2, 2020.\nOn top of that, analysts say earnings forecast revisions may have been too conservative, and cyclical and value names could benefit from big surprises. They are also the group of stocks that can be winners from inflation, since they have been able to pass on rising input costs to customers in the form of price increases.\n“We do think this is a time that cyclicals could respond more positively,” said Julian Emanuel, head of equity and derivatives strategy at BTIG.\nAfter outpacing growth and tech when Treasury yields were rising earlier in the year, some cyclical sectors are actually negative in the last month while technology stocks have zoomed ahead by nearly 7%. For the year, tech has gained 17.3%, now surpassing materials, up 13.4% and industrials up 15.7%. Cyclical financials are up 23.7% for the year, and energy holds a 34.4% gain.\n“It’s the combination of what we think is going to be a bottoming in yields based on the inflation data, and the whole idea that you had an entire group of cyclically oriented companies have their earnings revised upward in the second quarter and have stock prices with no reaction, or traded off because they got swamped in the noise of the bond market,” said Emanuel.\nEmanuel said the stocks he highlighted going into earnings seasons included deep cyclicals.Citigroup,Caterpillar,DeereandDowwere on a list of stocks whose share prices have lagged since the start of the second quarter, but had earnings estimate revisions since March 31 in the top 20% of the S&P 500.\nDuring the second quarter, the widely watched benchmark 10-year Treasury yield fell from its March high of 1.77%. It was at about 1.33% Thursday, above the 1.25% hit last week. The yield moves opposite price, and many market pros had anticipated yields to rise as inflation readings got hotter and hotter this summer.\nTechnology and other growth stocks are particularly vulnerable to higher yields and inflation concerns. Even so, technology has been the best performing major sector this week, even as June’s consumer price index showed consumer inflation rising at an annual pace of 5.4%.\nTech and growth are viewed as longer-duration holdings that will pay off in the future. Higher yieldsreduce the value of future cash flows.\nIf investors shift their sights again to cyclicals, all cyclical groups may not benefit equally, but materials is one sector where there could be a pop.\n“Even with the rollover in commodities prices from the top, the profitability of those companies is near record highs and margins will be at all-time highs,” said Adam Parker, founder of Trivariate Research. “You still have a generally good fundamental setup and you have a lot of profitability.”\nParker notes that some companies have had massive earnings revisions. Louisiana Pacific, for instance, was expected to earn $3.36 per share this year at the start of the year, but that has since moved up to an estimate of $12.40 per share.\nSimilar, the estimate for Steel Dynamics was $3.12 per share for 2021, but it is now at $12.94 per share.\n“They’re generating massive cash flow. I think they’re going to improve their balance sheet pretty meaningfully this cycle. I definitely like energy and materials. That’s the way to play inflation,” Parker said.\nParker identified stocks in the top 5% in terms of forecasted earnings expansion and in the top 5% of S&P 500 companies with forecasted multiple contraction, meaning simply that their price-to-earnings ration shrank and stocks look cheap compared with earnings.\nSome of these stocks includeOlin, Micron Technologies,Alcoa,ExxonMobil,Western DigitalandLyondellBasell Industries.Mosaic,Darden RestaurantsandDiscover Financialwere also on the list.\nParker notes that materials and retailers on average seem to have lower expectations and therefore have more potential to outperform earnings targets.\n“I’m pretty optimistic on the market,” he said. “I really like energy and materials. I think generally that analysts haven’t taken their numbers up enough, and there’s some margin expansion there. I’m massively bullish on energy.”\nIn his second half outlook, Parker noted that oil prices were up 10% in June, and rising oil means higher earnings revisions and higher net income.\n“Earnings revisions are highly effective at picking winners from losers within the cohort for the 6-months following periods when oil is rising, meaning energy stocks beating estimates will likely perform strongly,” he wrote in the outlook. “Additionally, despite the strong rally, the sector is quite cheap versus history on price-to-book, which was the most efficacious valuation metric for picking energy stocks historically.”\nParker added that oil prices have been a leading indicator for net income of the energy sector. The change in the price of West Texas Intermediate crude has typically been a three- to six-month leading indicator for reported net income of oil companies, he noted.\nRegarding the cyclicals, Parker is cautious on rate-sensitive banks, which have gotten pricier. He said for banks, net interest margins may not expand as much during the quarter as expected by managements when rates were higher in April.\nBut Emanuel said he expects the bank stocks, which have been lackluster after earnings reports this week, to do better as the earnings period goes on.\n“Financials are very strange. If you go back even pre-pandemic, the financials have the habit of not responding in the immediate aftermath of earnings. In a way that is counterintuitive to what the reports say and what happens is we see time and again, the market reassesses their initial reaction,” he said. “We think it’s going to be the exact same thing this time.”\nSome inflation is obviously a positive for earnings, but it may not be if it becomes persistent.\n“If anything could derail the equities market, it will be wage and input cost inflation that offsets revenue growth and pinches margins,” Parker said.\nFor now, he doesn’t see a problem, and he’s bullish. “Earnings are good. The economy is good. The Fed is helping out and there’s fiscal stimulus,” he said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":91,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":145806521,"gmtCreate":1626214303263,"gmtModify":1703755494830,"author":{"id":"3577917241557928","authorId":"3577917241557928","name":"Andtendo","avatar":"https://static.tigerbbs.com/a36b92c865704901397ab4e190d5ad8a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like and comment please :)&nbsp;","listText":"Like and comment please :)&nbsp;","text":"Like and comment please :)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/145806521","repostId":"2151780560","repostType":4,"repost":{"id":"2151780560","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":1626212400,"share":"https://www.laohu8.com/m/news/2151780560?lang=&edition=full","pubTime":"2021-07-14 05:40","market":"hk","language":"en","title":"Powell will stress patience in Capitol Hill testimony this week","url":"https://stock-news.laohu8.com/highlight/detail?id=2151780560","media":"Dow Jones","summary":"Fed chairman will let lawmakers duke it out over inflation, infrastructure.\n\nFed Chairman Jerome Pow","content":"<blockquote>\n Fed chairman will let lawmakers duke it out over inflation, infrastructure.\n</blockquote>\n<p>Fed Chairman Jerome Powell will use his two days of congressional testimony this week to stress that he is in no rush to exit the central bank's easy policy stance.</p>\n<p>\"Patience will remain the watchword,\" said Ian Shepherdson, chief economist at Pantheon Macroeconomics.</p>\n<p>The strong consumer price inflation report will lead to some more pointed questions, especially from Republicans eager to blame Democrats for the rise.</p>\n<p>Headline CPI beat expectations in June , rising 0.9% after a 0.6% jump in May.</p>\n<p>But Powell is not going to rewrite his testimony due to that <a href=\"https://laohu8.com/S/AONE\">one</a> report, economists said.</p>\n<p>\"If the last two inflation prints did not shift his views in a meaningful way, it is hard to see why this <a href=\"https://laohu8.com/S/AONE.U\">one</a> will,\" said Neil Dutta, head of economics at Renaissance Macro Research.</p>\n<p>\"Powell's main job at this point will be to push back against the regional Fed presidents, who will only get louder in their calls to remove policy accommodation,\" Dutta wrote in a note to clients.</p>\n<p>The Fed is holding rates close to zero and buying $120 billion of Treasurys and mortgage-related bonds each month to keep interest rates low.</p>\n<p>Minutes of the Fed's June meeting show that officials had a lengthy discussion about when to slow down, or taper, the asset purchases. That is the likely first step in backing away from its easy policy stance.</p>\n<p>In general, economists think the Fed will announce its plans on tapering as soon as September and could start to taper by year's end. But economists don't agree on the timing.</p>\n<p>\"Powell doesn't want to make news, because if he's making news then it's because he said something different, something surprising,\" said Vine Reinhart, Mellon's chief economist, in an interview on Bloomberg Radio.</p>\n<p>\"He wants to say 'everything is on course.' They are worried about the pandemic, they're pleased with unfolding economic data, but there is a long way to go,\" Reinhart said.</p>\n<p>In a possible preview of Powell's message, San Francisco Fed President Mary Daly said Tuesday she was unfazed by the strong June CPI report and that higher inflation was temporary. She said tapering could come at the end of the year.</p>\n<p>As always, lawmakers will be seeking to use Powell to score political points.</p>\n<p>Stephen Myrow, managing director of Beacon Policy Advisors, said moderate Democrats are worried that Congress is doing too little on infrastructure and will \"throw softballs\" to Powell about maintaining his dovish stance.</p>\n<p>\"I think Powell shares more in common with the Democrats than he does Republicans,\" Myrow said.</p>\n<p>Republicans will argue Democrat policies such as extra benefits for unemployed workers have actually slowed the overall recovery and increased the inflation risk, Myrow said in an interview.</p>\n<p>Stocks closed lower on Tuesday ahead of Powell's testimony, with the S&amp;P 500 index off 0.4%.</p>\n<p>The yield on the 10-year Treasury note moved up to 1.423%, still well down from the high of 1.75% reached at the end of March.</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>Powell will stress patience in Capitol Hill testimony 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\">\nPowell will stress patience in Capitol Hill testimony this week\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\">2021-07-14 05:40</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<blockquote>\n Fed chairman will let lawmakers duke it out over inflation, infrastructure.\n</blockquote>\n<p>Fed Chairman Jerome Powell will use his two days of congressional testimony this week to stress that he is in no rush to exit the central bank's easy policy stance.</p>\n<p>\"Patience will remain the watchword,\" said Ian Shepherdson, chief economist at Pantheon Macroeconomics.</p>\n<p>The strong consumer price inflation report will lead to some more pointed questions, especially from Republicans eager to blame Democrats for the rise.</p>\n<p>Headline CPI beat expectations in June , rising 0.9% after a 0.6% jump in May.</p>\n<p>But Powell is not going to rewrite his testimony due to that <a href=\"https://laohu8.com/S/AONE\">one</a> report, economists said.</p>\n<p>\"If the last two inflation prints did not shift his views in a meaningful way, it is hard to see why this <a href=\"https://laohu8.com/S/AONE.U\">one</a> will,\" said Neil Dutta, head of economics at Renaissance Macro Research.</p>\n<p>\"Powell's main job at this point will be to push back against the regional Fed presidents, who will only get louder in their calls to remove policy accommodation,\" Dutta wrote in a note to clients.</p>\n<p>The Fed is holding rates close to zero and buying $120 billion of Treasurys and mortgage-related bonds each month to keep interest rates low.</p>\n<p>Minutes of the Fed's June meeting show that officials had a lengthy discussion about when to slow down, or taper, the asset purchases. That is the likely first step in backing away from its easy policy stance.</p>\n<p>In general, economists think the Fed will announce its plans on tapering as soon as September and could start to taper by year's end. But economists don't agree on the timing.</p>\n<p>\"Powell doesn't want to make news, because if he's making news then it's because he said something different, something surprising,\" said Vine Reinhart, Mellon's chief economist, in an interview on Bloomberg Radio.</p>\n<p>\"He wants to say 'everything is on course.' They are worried about the pandemic, they're pleased with unfolding economic data, but there is a long way to go,\" Reinhart said.</p>\n<p>In a possible preview of Powell's message, San Francisco Fed President Mary Daly said Tuesday she was unfazed by the strong June CPI report and that higher inflation was temporary. She said tapering could come at the end of the year.</p>\n<p>As always, lawmakers will be seeking to use Powell to score political points.</p>\n<p>Stephen Myrow, managing director of Beacon Policy Advisors, said moderate Democrats are worried that Congress is doing too little on infrastructure and will \"throw softballs\" to Powell about maintaining his dovish stance.</p>\n<p>\"I think Powell shares more in common with the Democrats than he does Republicans,\" Myrow said.</p>\n<p>Republicans will argue Democrat policies such as extra benefits for unemployed workers have actually slowed the overall recovery and increased the inflation risk, Myrow said in an interview.</p>\n<p>Stocks closed lower on Tuesday ahead of Powell's testimony, with the S&amp;P 500 index off 0.4%.</p>\n<p>The yield on the 10-year Treasury note moved up to 1.423%, still well down from the high of 1.75% reached at the end of March.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HIL":"希尔国际管理"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2151780560","content_text":"Fed chairman will let lawmakers duke it out over inflation, infrastructure.\n\nFed Chairman Jerome Powell will use his two days of congressional testimony this week to stress that he is in no rush to exit the central bank's easy policy stance.\n\"Patience will remain the watchword,\" said Ian Shepherdson, chief economist at Pantheon Macroeconomics.\nThe strong consumer price inflation report will lead to some more pointed questions, especially from Republicans eager to blame Democrats for the rise.\nHeadline CPI beat expectations in June , rising 0.9% after a 0.6% jump in May.\nBut Powell is not going to rewrite his testimony due to that one report, economists said.\n\"If the last two inflation prints did not shift his views in a meaningful way, it is hard to see why this one will,\" said Neil Dutta, head of economics at Renaissance Macro Research.\n\"Powell's main job at this point will be to push back against the regional Fed presidents, who will only get louder in their calls to remove policy accommodation,\" Dutta wrote in a note to clients.\nThe Fed is holding rates close to zero and buying $120 billion of Treasurys and mortgage-related bonds each month to keep interest rates low.\nMinutes of the Fed's June meeting show that officials had a lengthy discussion about when to slow down, or taper, the asset purchases. That is the likely first step in backing away from its easy policy stance.\nIn general, economists think the Fed will announce its plans on tapering as soon as September and could start to taper by year's end. But economists don't agree on the timing.\n\"Powell doesn't want to make news, because if he's making news then it's because he said something different, something surprising,\" said Vine Reinhart, Mellon's chief economist, in an interview on Bloomberg Radio.\n\"He wants to say 'everything is on course.' They are worried about the pandemic, they're pleased with unfolding economic data, but there is a long way to go,\" Reinhart said.\nIn a possible preview of Powell's message, San Francisco Fed President Mary Daly said Tuesday she was unfazed by the strong June CPI report and that higher inflation was temporary. She said tapering could come at the end of the year.\nAs always, lawmakers will be seeking to use Powell to score political points.\nStephen Myrow, managing director of Beacon Policy Advisors, said moderate Democrats are worried that Congress is doing too little on infrastructure and will \"throw softballs\" to Powell about maintaining his dovish stance.\n\"I think Powell shares more in common with the Democrats than he does Republicans,\" Myrow said.\nRepublicans will argue Democrat policies such as extra benefits for unemployed workers have actually slowed the overall recovery and increased the inflation risk, Myrow said in an interview.\nStocks closed lower on Tuesday ahead of Powell's testimony, with the S&P 500 index off 0.4%.\nThe yield on the 10-year Treasury note moved up to 1.423%, still well down from the high of 1.75% reached at the end of March.","news_type":1},"isVote":1,"tweetType":1,"viewCount":89,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":141674076,"gmtCreate":1625872686595,"gmtModify":1703750087775,"author":{"id":"3577917241557928","authorId":"3577917241557928","name":"Andtendo","avatar":"https://static.tigerbbs.com/a36b92c865704901397ab4e190d5ad8a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like and comment please :)","listText":"Like and comment please :)","text":"Like and comment please :)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/141674076","repostId":"2150375881","repostType":4,"repost":{"id":"2150375881","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":1625872492,"share":"https://www.laohu8.com/m/news/2150375881?lang=&edition=full","pubTime":"2021-07-10 07:14","market":"us","language":"en","title":"India's Ola says Temasek, Warburg Pincus to pump in $500 mln ahead of IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=2150375881","media":"Reuters","summary":"Indian ride-hailing firm Ola, backed by Japan's SoftBank Group Corp, said on Friday private equity f","content":"<p>Indian ride-hailing firm Ola, backed by Japan's SoftBank Group Corp, said on Friday private equity firms Temasek and Warburg Pincus are investing $500 million in the startup ahead of its planned initial public offering.</p>\n<p>Ola did not give details on its IPO plans, but said that it continues to scale up its business across various categories and geographies.</p>\n<p>\"Over the last 12 months we have made our ride hailing business more robust, resilient and efficient. With strong recovery post lockdown and a shift in consumer preference away from public transportation,\" Chairman and Group Chief Executive Officer Bhavish Aggarwal said in a statement.</p>\n<p>Ola was hit hard last year when the pandemic-related lockdowns forced people to stay at home, forcing it to cut about 35% of its workforce and halting 95% of its business.</p>\n<p>The company's latest round of funding comes at a time when prominent Indian startups are hitting public market through IPOs to cash in on a flush of liquidity by foreign funds and the country's new age retail investors, with 22 companies debuting so far in 2021.</p>\n<p>Indian food delivery company Zomato said on Thursday it would price its 93.75 billion rupee ($1.26 billion) IPO in the range of 72 to 76 rupees per share.</p>\n<p>One97 Communications Ltd, the parent of Indian payments firm Paytm, will file a draft prospectus as early as July 12 for a domestic market debut that seeks to raise $2.3 billion.</p>\n<p>Reuters had reported in 2019 that Ola was aiming to begin the process of IPO by March 2021.</p>\n<p>($1 = 74.6100 Indian rupees)</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>India's Ola says Temasek, Warburg Pincus to pump in $500 mln ahead of IPO</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\">\nIndia's Ola says Temasek, Warburg Pincus to pump in $500 mln ahead of IPO\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\">2021-07-10 07:14</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Indian ride-hailing firm Ola, backed by Japan's SoftBank Group Corp, said on Friday private equity firms Temasek and Warburg Pincus are investing $500 million in the startup ahead of its planned initial public offering.</p>\n<p>Ola did not give details on its IPO plans, but said that it continues to scale up its business across various categories and geographies.</p>\n<p>\"Over the last 12 months we have made our ride hailing business more robust, resilient and efficient. With strong recovery post lockdown and a shift in consumer preference away from public transportation,\" Chairman and Group Chief Executive Officer Bhavish Aggarwal said in a statement.</p>\n<p>Ola was hit hard last year when the pandemic-related lockdowns forced people to stay at home, forcing it to cut about 35% of its workforce and halting 95% of its business.</p>\n<p>The company's latest round of funding comes at a time when prominent Indian startups are hitting public market through IPOs to cash in on a flush of liquidity by foreign funds and the country's new age retail investors, with 22 companies debuting so far in 2021.</p>\n<p>Indian food delivery company Zomato said on Thursday it would price its 93.75 billion rupee ($1.26 billion) IPO in the range of 72 to 76 rupees per share.</p>\n<p>One97 Communications Ltd, the parent of Indian payments firm Paytm, will file a draft prospectus as early as July 12 for a domestic market debut that seeks to raise $2.3 billion.</p>\n<p>Reuters had reported in 2019 that Ola was aiming to begin the process of IPO by March 2021.</p>\n<p>($1 = 74.6100 Indian rupees)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SFTBY":"软银集团"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2150375881","content_text":"Indian ride-hailing firm Ola, backed by Japan's SoftBank Group Corp, said on Friday private equity firms Temasek and Warburg Pincus are investing $500 million in the startup ahead of its planned initial public offering.\nOla did not give details on its IPO plans, but said that it continues to scale up its business across various categories and geographies.\n\"Over the last 12 months we have made our ride hailing business more robust, resilient and efficient. With strong recovery post lockdown and a shift in consumer preference away from public transportation,\" Chairman and Group Chief Executive Officer Bhavish Aggarwal said in a statement.\nOla was hit hard last year when the pandemic-related lockdowns forced people to stay at home, forcing it to cut about 35% of its workforce and halting 95% of its business.\nThe company's latest round of funding comes at a time when prominent Indian startups are hitting public market through IPOs to cash in on a flush of liquidity by foreign funds and the country's new age retail investors, with 22 companies debuting so far in 2021.\nIndian food delivery company Zomato said on Thursday it would price its 93.75 billion rupee ($1.26 billion) IPO in the range of 72 to 76 rupees per share.\nOne97 Communications Ltd, the parent of Indian payments firm Paytm, will file a draft prospectus as early as July 12 for a domestic market debut that seeks to raise $2.3 billion.\nReuters had reported in 2019 that Ola was aiming to begin the process of IPO by March 2021.\n($1 = 74.6100 Indian rupees)","news_type":1},"isVote":1,"tweetType":1,"viewCount":136,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":186719889,"gmtCreate":1623541733341,"gmtModify":1704205575540,"author":{"id":"3577917241557928","authorId":"3577917241557928","name":"Andtendo","avatar":"https://static.tigerbbs.com/a36b92c865704901397ab4e190d5ad8a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like and comment please","listText":"Like and comment please","text":"Like and comment please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/186719889","repostId":"1191179846","repostType":4,"repost":{"id":"1191179846","pubTimestamp":1623536312,"share":"https://www.laohu8.com/m/news/1191179846?lang=&edition=full","pubTime":"2021-06-13 06:18","market":"us","language":"en","title":"Blue Origin auctions seat on first spaceflight with Jeff Bezos for $28 million","url":"https://stock-news.laohu8.com/highlight/detail?id=1191179846","media":"cnbc","summary":"KEY POINTS\n\nJeff Bezos’ space venture Blue Origin auctioned off a seat Saturday on its first crewed ","content":"<div>\n<p>KEY POINTS\n\nJeff Bezos’ space venture Blue Origin auctioned off a seat Saturday on its first crewed spaceflight scheduled on July 20.\nThe winning bidder will fly to the edge of space with the Amazon ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/12/jeff-bezos-blue-origin-auctions-spaceflight-seat-for-28-million.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>Blue Origin auctions seat on first spaceflight with Jeff Bezos for $28 million</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\">\nBlue Origin auctions seat on first spaceflight with Jeff Bezos for $28 million\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-13 06:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/12/jeff-bezos-blue-origin-auctions-spaceflight-seat-for-28-million.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nJeff Bezos’ space venture Blue Origin auctioned off a seat Saturday on its first crewed spaceflight scheduled on July 20.\nThe winning bidder will fly to the edge of space with the Amazon ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/12/jeff-bezos-blue-origin-auctions-spaceflight-seat-for-28-million.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://www.cnbc.com/2021/06/12/jeff-bezos-blue-origin-auctions-spaceflight-seat-for-28-million.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1191179846","content_text":"KEY POINTS\n\nJeff Bezos’ space venture Blue Origin auctioned off a seat Saturday on its first crewed spaceflight scheduled on July 20.\nThe winning bidder will fly to the edge of space with the Amazon founder and his brother Mark on Blue Origin’s New Shepard rocket.\nNew Shepard, a rocket that carries a capsule to an altitude of over 340,000 feet, has flown more than a dozen successful test flights without passengers.\n\nJeff Bezos’ space venture Blue Origin auctioned off a seat on its upcoming first crewed spaceflight on Saturday for $28 million.\nThe winning bidder,whose name wasn’t released,will fly to the edge of space with theAmazonfounder and his brother Markon Blue Origin’s New Shepard rocket scheduled to launch on July 20.The company said it will reveal the name of the auction winner in the coming weeks.\nBidding opened at $4.8 million but surpassed $20 million within the first few minutes of the auction. The auction’s proceeds will be donated to Blue Origin’s education-focused nonprofit Club for the Future, which supports kids interested in future STEM careers.\nBlue Origin director of astronaut and orbital sales Ariane Cornell said during the auction webcast that New Shepard’s first passenger flight will carry four people, including Bezos, his brother, the auction winner and a fourth person to be announced later.\nAutonomous spaceflight\nNew Shepard, a rocket that carries a capsule to an altitude of over 340,000 feet, has flown more than a dozen successful test flights without passengers, including one in April at the company’s facility in the Texas desert. It’s designed to carry up to six people and flies autonomously — without needing a pilot. The capsule has massive windows to give passengers a view of the earth below during about three minutes in zero gravity, before returning to Earth.\nBlue Origin’s system launches vertically, and both the rocket and capsule are reusable. The boosters land vertically on a concrete pad at the company’s facility in Van Horn, Texas, while the capsules land using a set of parachutes.\nBezos founded Blue Origin in 2000 and still owns the company, funding it through share sales of his Amazon stock.\nJuly 20 is notable because it also marks the 52nd anniversary of the Apollo 11 moon landing.\nBranson and Musk\nBezos and fellow billionairesElon MuskandSir Richard Bransonarein a race to get to space, but each in different ways.Bezos’ Blue Origin and Branson’sVirgin Galacticare competing to take passengers on short flights to the edge of space, a sector known as suborbital tourism, while Musk’s SpaceX is launching private passengers on further, multi-day flights, in what is known as orbital tourism.\nBoth Blue Origin and Virgin Galactic have been developing rocket-powered spacecraft, but that is where the similarities end. While Blue Origin’s New Shepard rocket launches vertically from the ground,Virgin Galactic’s SpaceShipTwo system is released mid-air and returns to Earth in a glidefor a runway landing, like an aircraft.\nVirgin Galactic’s system is also flown by two pilots, while Blue Origin’s launches without one.Branson’s company has also flown a test spaceflight with a passenger onboard, although the company has three spaceflight tests remainingbefore it begins flying commercial customers– which is planned to start in 2022.\nSpaceX launches its Crew Dragon spacecraft to orbit atop its reusable Falcon 9 rocket, havingsent 10 astronauts to the International Space Station on three missions to date.\nIn addition to the government flights, Musk’s company is planning to launch multiple private astronaut missions in the year ahead – beginning withthe all-civilian Inspiration4 missionthat is planned for September. SpaceX is also launchingat least four private missions for Axiom Space, starting early next year.\nBlue Origin’s auction may have netted $28 million, but a seat on a suborbital spacecraft is typically much less expensive. Virgin Galactic has historically sold reservations between $200,000 and $250,000 per ticket, and more recently charged the Italian Air Force about $500,000 per ticket for a training spaceflight.\nMusk’s orbital missions are more costly than the suborbital flights, with NASA paying SpaceX about $55 million per seat for spaceflights to the ISS.","news_type":1},"isVote":1,"tweetType":1,"viewCount":64,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":881728498,"gmtCreate":1631407657114,"gmtModify":1676530541407,"author":{"id":"3577917241557928","authorId":"3577917241557928","name":"Andtendo","avatar":"https://static.tigerbbs.com/a36b92c865704901397ab4e190d5ad8a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/881728498","repostId":"2166904370","repostType":4,"isVote":1,"tweetType":1,"viewCount":170,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":883166963,"gmtCreate":1631227842952,"gmtModify":1676530499485,"author":{"id":"3577917241557928","authorId":"3577917241557928","name":"Andtendo","avatar":"https://static.tigerbbs.com/a36b92c865704901397ab4e190d5ad8a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/883166963","repostId":"2166349856","repostType":4,"isVote":1,"tweetType":1,"viewCount":244,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":889880109,"gmtCreate":1631139404601,"gmtModify":1676530475492,"author":{"id":"3577917241557928","authorId":"3577917241557928","name":"Andtendo","avatar":"https://static.tigerbbs.com/a36b92c865704901397ab4e190d5ad8a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like please :)","listText":"Like please :)","text":"Like please :)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/889880109","repostId":"1117517712","repostType":4,"repost":{"id":"1117517712","pubTimestamp":1631114489,"share":"https://www.laohu8.com/m/news/1117517712?lang=&edition=full","pubTime":"2021-09-08 23:21","market":"us","language":"en","title":"Arqit Quantum Shares Up More Than 45% Wednesday","url":"https://stock-news.laohu8.com/highlight/detail?id=1117517712","media":"MarketWatch","summary":"Shares of quantum encryption technology company Arqit Quantum Inc. are higher on the Nasdaq Wednesda","content":"<p>Shares of quantum encryption technology company Arqit Quantum Inc. are higher on the Nasdaq Wednesday, the company's second day of trading on the exchange.</p>\n<p>At 11:22 a.m. ET, the company's shares were trading 45.58% higher, at $16.45 a share. Volume at the time topped 7.2 million shares.</p>\n<p><img src=\"https://static.tigerbbs.com/7f9111e3de3dfb57b728ef686563c787\" tg-width=\"1405\" tg-height=\"775\" referrerpolicy=\"no-referrer\"></p>\n<p>The stock closed Tuesday with a 35.33% gain, at $11.30 a share.</p>\n<p>Earlier this month, Arqit Quantum closed its business combination with blank-check company Centricus Acquisition Corp.</p>\n<p>Shares of the combined company trade under the symbol ARQQ.</p>\n<p>Trading in the stock was paused earlier Wednesday due to volatility, but has since resumed.</p>\n<p></p>\n<p></p>\n<p></p>","source":"market_watch","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>Arqit Quantum Shares Up More Than 45% Wednesday</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\">\nArqit Quantum Shares Up More Than 45% Wednesday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-08 23:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/arqit-quantum-shares-up-more-than-40-wednesday-271631114193?mod=newsviewer_click><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of quantum encryption technology company Arqit Quantum Inc. are higher on the Nasdaq Wednesday, the company's second day of trading on the exchange.\nAt 11:22 a.m. ET, the company's shares were ...</p>\n\n<a href=\"https://www.marketwatch.com/story/arqit-quantum-shares-up-more-than-40-wednesday-271631114193?mod=newsviewer_click\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARQQ":"Arqit Quantum Inc."},"source_url":"https://www.marketwatch.com/story/arqit-quantum-shares-up-more-than-40-wednesday-271631114193?mod=newsviewer_click","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1117517712","content_text":"Shares of quantum encryption technology company Arqit Quantum Inc. are higher on the Nasdaq Wednesday, the company's second day of trading on the exchange.\nAt 11:22 a.m. ET, the company's shares were trading 45.58% higher, at $16.45 a share. Volume at the time topped 7.2 million shares.\n\nThe stock closed Tuesday with a 35.33% gain, at $11.30 a share.\nEarlier this month, Arqit Quantum closed its business combination with blank-check company Centricus Acquisition Corp.\nShares of the combined company trade under the symbol ARQQ.\nTrading in the stock was paused earlier Wednesday due to volatility, but has since resumed.","news_type":1},"isVote":1,"tweetType":1,"viewCount":150,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":179490747,"gmtCreate":1626569674889,"gmtModify":1703761759111,"author":{"id":"3577917241557928","authorId":"3577917241557928","name":"Andtendo","avatar":"https://static.tigerbbs.com/a36b92c865704901397ab4e190d5ad8a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like and comment please :)","listText":"Like and comment please :)","text":"Like and comment please :)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/179490747","repostId":"1139907709","repostType":4,"repost":{"id":"1139907709","pubTimestamp":1626568617,"share":"https://www.laohu8.com/m/news/1139907709?lang=&edition=full","pubTime":"2021-07-18 08:36","market":"hk","language":"en","title":"Wall Street Crime And Punishment: Thomas F. Quinn's Mad, Mad, Mad, Mad World","url":"https://stock-news.laohu8.com/highlight/detail?id=1139907709","media":"Benzinga","summary":"Does crime pay?\nIn August 1988, French authorities arrested an American expatriate named Thomas F. Q","content":"<p><i>Does crime pay?</i></p>\n<p>In August 1988, French authorities arrested an American expatriate named&nbsp;<b>Thomas F. Quinn</b>&nbsp;for orchestrating a global securities scheme that defrauded investors out of $500 million.</p>\n<p>As an unapologetic financial miscreant with a lifelong penchant for fraud, the French escapade represented something of a career peak for Quinn, whose flair of swindling took on an astonishing level of organizing that left no corner of the world untouched.</p>\n<p><b>Illusory Assets For Sale:</b>Thomas Francis Quinn was born in Brooklyn in 1932; his father drove a cement truck and his mother was a housewife who made extra money selling clothing and jewelry from the family’s garage.</p>\n<p>Quinn was an altar boy in his childhood and was the first member of his family to pursue higher education, graduating from St. John’s University Law School and passing the bar in 1962.</p>\n<p>Quinn opted to go into business for himself, starting a brokerage firm in New York called&nbsp;<b>Thomas, Williams &amp; Lee.</b>The main focus of this firm became the promotion of&nbsp;<b>Kent Industries,</b>a company that claimed to own Florida property valued at $2 million.</p>\n<p>There was a slight problem —&nbsp;Kent Industries didn’t own anything in the Sunshine State, and this inconvenient fact helped to introduce Quinn to the U.S. Securities and Exchange Commission (SEC).</p>\n<p>Long story short: Quinn received a lifetime banishment from the SEC in 1966 from doing business with brokers and dealers thanks to what the agency defined as his “flagrant fraudulent practices” related to the Kent Industries assets, which the regulator considered to be “almost completely illusory.”</p>\n<p>The U.S. Department of Justice (DOJ) was a bit slower in dealing with Quinn, but by 1970 he was sent to jail for six months and was later permanently disbarred from practicing law.</p>\n<p><b>A Job With The Mob:</b>Prior to losing his law license, Quinn gained a partnership in a New York-based securities law firm that set off several alarms among federal law enforcement agencies. Indeed, an FBI report from 1983 recalled this firm’s chief focus was being responsible for the “funds of hoodlum-controlled companies.”</p>\n<p>Quinn was on both the FBI’s and SEC’s respective radars in the early 1980s for his role with two companies,<b>Sundance Gold Mining</b>&nbsp;and&nbsp;<b>Aquarius Gold Exploration</b>, that claimed to have discovered gold in Suriname. The companies created a flurry of excitement among investors, but an investigation into their operations found a hitherto undeclared connection with the&nbsp;<b>Genovese crime family.</b></p>\n<p>The SEC filed a civil complaint against Quinn in 1983, charging him with fraudulently manipulating and promoting the companies’ stocks.</p>\n<p>Three years later, he reached a settlement with the regulator by agreeing to permanently stay away from anything related to securities.</p>\n<p>The FBI, despite finding Mafia fingerprints in Quinn’s business affairs, declined to press charges against him.</p>\n<p>Realizing that he wore out his welcome in his home country, Quinn and his common-law wife&nbsp;<b>Rochelle Rothfleisch</b>&nbsp;decided to relocate to France and to up his game to an unprecedented operation.</p>\n<p><b>Boiler Room Follies:</b>The circumstances and details of how Quinn built his swindling masterpiece are a bit fuzzy, but it is believed that the scheme was first hatched in 1984 and was coordinated out of his $6 million villa in the south of France.</p>\n<p>Quinn set up an archipelago of offices in several European countries and in Dubai, Jamaica and the tiny South Pacific island nation of Vanuatu, and he gave them phony names that sounded similar to respectable brokerages.</p>\n<p>Each office was staffed with salesmen who were tasked to sell stocks for 20 U.S. corporations to individual investors around the world. The stocks in question were mostly shell companies trading on the over-the-counter exchanges that Quinn picked up for pennies, but they were resold by Quinn’s salesmen at inflated amounts.</p>\n<p>The investors were culled from mailing lists sold by publishing companies and professional organizations, as well as from respondents to advertisements placed in newsletters focused on the over-the-counter markets.</p>\n<p>Quinn’s henchmen would telephone the investors —&nbsp;nearly all of whom were novices to investing —&nbsp;and do a high-pressure sales spiel that, more often than not, resulted in the separation of the gullible targets from their money.</p>\n<p>Quinn’s team aimed at European, Australian, Middle Eastern and Hong Kong neophyte investors. The only country off-limits from this scheme was the U.S. Quinn was already on the FBI’s radar and the last thing he wanted was to give them cause to pursue him anew.</p>\n<p><b>A Temporary Setback:</b>&nbsp;In 1988, Quinn’s arrest in France&nbsp;saw him charged with securities fraud, forgery of administrative documents and the possession of two fake Greek passports. His detention and the subsequent arrest of 20 of his salesmen created a fascinating dilemma for banking and law enforcement agencies in multiple countries.</p>\n<p>For starters, no one could easily figure out where the majority of Quinn’s $500 million in ill-gotten gains wound up.&nbsp;Transfers were traced through banks in Switzerland, Luxembourg and Gibraltar, as well as the beleaguered&nbsp;<b>Bank of Credit and Commerce International</b>&nbsp;in Tampa, Florida, which gained national attention as a favored depository for those involved in drug money laundering. But where the money eventually landed was anyone’s guess, and Quinn’s talent for adopting aliases to cover his business tracks confounded investigators.</p>\n<p>Also, it was unclear regarding how many people were swindled. A pair of class-action lawsuits brought out a total of 500 people trying to regain their money, but some observers of this case speculated the number could have been higher — some investors might have seen Quinn’s scam as a means of evading local taxes and foreign currency exchanges and would then have to answer to their authorities if this chicanery came to light.</p>\n<p>The SEC got into the picture because the stocks being sold in the scheme were all U.S. companies. The agency hosted a meeting in Washington D.C.&nbsp;with law enforcement officers and prosecutors from eight European countries and Australia, with the hopes of sorting out the mess. But since no Americans were defrauded in this elaborate charade, Quinn did not face criminal charges in his own country, although the SEC temporarily froze his U.S. assets.</p>\n<p>In France, Quinn was initially released after agreeing to reimburse his French victims but was arrested again when the Swiss government demanded his extradition.</p>\n<p>He came to trial in 1991 and was only sentenced to four years in prison,&nbsp;but his sentence was reduced to include time served and he was extradited to Switzerland.</p>\n<p>His Alpine detention was brief and by the mid-1990s he returned to the U.S. and rented a luxury home in Greenwich, Connecticut, a swanky suburb of New York City.</p>\n<p><b>An Eventual Stumble:</b>One of Quinn’s neighbors in Greenwich was<b>Martin Frankel,</b>a financier with his own addiction to swindling.</p>\n<p>In 1999, the Wall Street Journal used anonymous “people familiar with the matter” to claim Quinn assisted Frankel in his efforts to raise money for a controlled investment fund designed to buy insurance companies —&nbsp;but this turned out to be an embezzlement scam that resulted in Frankel fleeing the U.S. to Germany on a phony passport.</p>\n<p>Frankel was eventually extradited and spent nearly two decades in prison, but Quinn was never charged for being a partner in Frankel’s shenanigans.</p>\n<p>For most of the 1990s and the 2000s, Quinn kept a very low public profile, although law enforcement tracked his travels to such far-flung places as the Maldives and the United Arab Emirates.</p>\n<p>In 2004, he made a rare appearance at the Irish Derby as the co-owner of the winning thoroughbred Grey Swallow. Photographs of Quinn with the winning racehorse marked the only time that he was ever photographed in a public gathering. (Copyright restrictions prevent us from reprinting the photograph here, butthis linkon the RTE website shows Quinn, standing second from right, at the conclusion of the championship race.)</p>\n<p>In November 2009, Quinn’s luck finally ran out. On a trip back from Ireland to New York’s JFK International Airport, he was arrested for his role within a ring of embezzlers that sought to defraud a pair of British telecommunications companies out of more than $60 million. The scheme had the global hallmarks of Quinn’s earlier criminal triumph, with funds being disbursed to seven countries across four continents.</p>\n<p>Quinn was immediately jailed upon his arrest and was denied bail because it was feared he would attempt to flee the country. He eventually pleaded guilty to a single count of wire fraud and, despite exhortations to avoid prison due to health problems, he was sentenced in March 2013 to 84 months in prison. He was released in May 2016.</p>\n<p>What became of Quinn since his release is unknown. No obituary for him has been published, and he would be 89 years old if he is still alive.</p>\n<p>One information-tracking website listed him residing at a Brooklyn address, but the website also listed an accompanying telephone number that is not in service. Any readers who may have information on Quinn’s whereabouts should contact us and we will offer an update on his story.</p>\n<p>Quinn rarely spoke to anyone about his criminal activities.&nbsp;During an investigative session after his final arrest, he reportedly would only answer questions through a series of eyelid blinks. When a reporter sought to interview him in 1995, he demanded his privacy.</p>\n<p>\"Just forget me,\" Quinn said. \"I've got a lot of trouble and a lot of personal grief. I'm just trying to get on with my life. I'm not in the securities business and never will be again.\"</p>","source":"lsy1606299360108","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 Crime And Punishment: Thomas F. Quinn's Mad, Mad, Mad, Mad World</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 Crime And Punishment: Thomas F. Quinn's Mad, Mad, Mad, Mad World\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-18 08:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/government/21/07/21990476/wall-street-crime-and-punishment-thomas-f-quinns-mad-mad-mad-mad-world><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Does crime pay?\nIn August 1988, French authorities arrested an American expatriate named Thomas F. Quinn for orchestrating a global securities scheme that defrauded investors out of $500 million.\nAs ...</p>\n\n<a href=\"https://www.benzinga.com/government/21/07/21990476/wall-street-crime-and-punishment-thomas-f-quinns-mad-mad-mad-mad-world\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.benzinga.com/government/21/07/21990476/wall-street-crime-and-punishment-thomas-f-quinns-mad-mad-mad-mad-world","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139907709","content_text":"Does crime pay?\nIn August 1988, French authorities arrested an American expatriate named Thomas F. Quinn for orchestrating a global securities scheme that defrauded investors out of $500 million.\nAs an unapologetic financial miscreant with a lifelong penchant for fraud, the French escapade represented something of a career peak for Quinn, whose flair of swindling took on an astonishing level of organizing that left no corner of the world untouched.\nIllusory Assets For Sale:Thomas Francis Quinn was born in Brooklyn in 1932; his father drove a cement truck and his mother was a housewife who made extra money selling clothing and jewelry from the family’s garage.\nQuinn was an altar boy in his childhood and was the first member of his family to pursue higher education, graduating from St. John’s University Law School and passing the bar in 1962.\nQuinn opted to go into business for himself, starting a brokerage firm in New York called Thomas, Williams & Lee.The main focus of this firm became the promotion of Kent Industries,a company that claimed to own Florida property valued at $2 million.\nThere was a slight problem — Kent Industries didn’t own anything in the Sunshine State, and this inconvenient fact helped to introduce Quinn to the U.S. Securities and Exchange Commission (SEC).\nLong story short: Quinn received a lifetime banishment from the SEC in 1966 from doing business with brokers and dealers thanks to what the agency defined as his “flagrant fraudulent practices” related to the Kent Industries assets, which the regulator considered to be “almost completely illusory.”\nThe U.S. Department of Justice (DOJ) was a bit slower in dealing with Quinn, but by 1970 he was sent to jail for six months and was later permanently disbarred from practicing law.\nA Job With The Mob:Prior to losing his law license, Quinn gained a partnership in a New York-based securities law firm that set off several alarms among federal law enforcement agencies. Indeed, an FBI report from 1983 recalled this firm’s chief focus was being responsible for the “funds of hoodlum-controlled companies.”\nQuinn was on both the FBI’s and SEC’s respective radars in the early 1980s for his role with two companies,Sundance Gold Mining and Aquarius Gold Exploration, that claimed to have discovered gold in Suriname. The companies created a flurry of excitement among investors, but an investigation into their operations found a hitherto undeclared connection with the Genovese crime family.\nThe SEC filed a civil complaint against Quinn in 1983, charging him with fraudulently manipulating and promoting the companies’ stocks.\nThree years later, he reached a settlement with the regulator by agreeing to permanently stay away from anything related to securities.\nThe FBI, despite finding Mafia fingerprints in Quinn’s business affairs, declined to press charges against him.\nRealizing that he wore out his welcome in his home country, Quinn and his common-law wife Rochelle Rothfleisch decided to relocate to France and to up his game to an unprecedented operation.\nBoiler Room Follies:The circumstances and details of how Quinn built his swindling masterpiece are a bit fuzzy, but it is believed that the scheme was first hatched in 1984 and was coordinated out of his $6 million villa in the south of France.\nQuinn set up an archipelago of offices in several European countries and in Dubai, Jamaica and the tiny South Pacific island nation of Vanuatu, and he gave them phony names that sounded similar to respectable brokerages.\nEach office was staffed with salesmen who were tasked to sell stocks for 20 U.S. corporations to individual investors around the world. The stocks in question were mostly shell companies trading on the over-the-counter exchanges that Quinn picked up for pennies, but they were resold by Quinn’s salesmen at inflated amounts.\nThe investors were culled from mailing lists sold by publishing companies and professional organizations, as well as from respondents to advertisements placed in newsletters focused on the over-the-counter markets.\nQuinn’s henchmen would telephone the investors — nearly all of whom were novices to investing — and do a high-pressure sales spiel that, more often than not, resulted in the separation of the gullible targets from their money.\nQuinn’s team aimed at European, Australian, Middle Eastern and Hong Kong neophyte investors. The only country off-limits from this scheme was the U.S. Quinn was already on the FBI’s radar and the last thing he wanted was to give them cause to pursue him anew.\nA Temporary Setback: In 1988, Quinn’s arrest in France saw him charged with securities fraud, forgery of administrative documents and the possession of two fake Greek passports. His detention and the subsequent arrest of 20 of his salesmen created a fascinating dilemma for banking and law enforcement agencies in multiple countries.\nFor starters, no one could easily figure out where the majority of Quinn’s $500 million in ill-gotten gains wound up. Transfers were traced through banks in Switzerland, Luxembourg and Gibraltar, as well as the beleaguered Bank of Credit and Commerce International in Tampa, Florida, which gained national attention as a favored depository for those involved in drug money laundering. But where the money eventually landed was anyone’s guess, and Quinn’s talent for adopting aliases to cover his business tracks confounded investigators.\nAlso, it was unclear regarding how many people were swindled. A pair of class-action lawsuits brought out a total of 500 people trying to regain their money, but some observers of this case speculated the number could have been higher — some investors might have seen Quinn’s scam as a means of evading local taxes and foreign currency exchanges and would then have to answer to their authorities if this chicanery came to light.\nThe SEC got into the picture because the stocks being sold in the scheme were all U.S. companies. The agency hosted a meeting in Washington D.C. with law enforcement officers and prosecutors from eight European countries and Australia, with the hopes of sorting out the mess. But since no Americans were defrauded in this elaborate charade, Quinn did not face criminal charges in his own country, although the SEC temporarily froze his U.S. assets.\nIn France, Quinn was initially released after agreeing to reimburse his French victims but was arrested again when the Swiss government demanded his extradition.\nHe came to trial in 1991 and was only sentenced to four years in prison, but his sentence was reduced to include time served and he was extradited to Switzerland.\nHis Alpine detention was brief and by the mid-1990s he returned to the U.S. and rented a luxury home in Greenwich, Connecticut, a swanky suburb of New York City.\nAn Eventual Stumble:One of Quinn’s neighbors in Greenwich wasMartin Frankel,a financier with his own addiction to swindling.\nIn 1999, the Wall Street Journal used anonymous “people familiar with the matter” to claim Quinn assisted Frankel in his efforts to raise money for a controlled investment fund designed to buy insurance companies — but this turned out to be an embezzlement scam that resulted in Frankel fleeing the U.S. to Germany on a phony passport.\nFrankel was eventually extradited and spent nearly two decades in prison, but Quinn was never charged for being a partner in Frankel’s shenanigans.\nFor most of the 1990s and the 2000s, Quinn kept a very low public profile, although law enforcement tracked his travels to such far-flung places as the Maldives and the United Arab Emirates.\nIn 2004, he made a rare appearance at the Irish Derby as the co-owner of the winning thoroughbred Grey Swallow. Photographs of Quinn with the winning racehorse marked the only time that he was ever photographed in a public gathering. (Copyright restrictions prevent us from reprinting the photograph here, butthis linkon the RTE website shows Quinn, standing second from right, at the conclusion of the championship race.)\nIn November 2009, Quinn’s luck finally ran out. On a trip back from Ireland to New York’s JFK International Airport, he was arrested for his role within a ring of embezzlers that sought to defraud a pair of British telecommunications companies out of more than $60 million. The scheme had the global hallmarks of Quinn’s earlier criminal triumph, with funds being disbursed to seven countries across four continents.\nQuinn was immediately jailed upon his arrest and was denied bail because it was feared he would attempt to flee the country. He eventually pleaded guilty to a single count of wire fraud and, despite exhortations to avoid prison due to health problems, he was sentenced in March 2013 to 84 months in prison. He was released in May 2016.\nWhat became of Quinn since his release is unknown. No obituary for him has been published, and he would be 89 years old if he is still alive.\nOne information-tracking website listed him residing at a Brooklyn address, but the website also listed an accompanying telephone number that is not in service. Any readers who may have information on Quinn’s whereabouts should contact us and we will offer an update on his story.\nQuinn rarely spoke to anyone about his criminal activities. During an investigative session after his final arrest, he reportedly would only answer questions through a series of eyelid blinks. When a reporter sought to interview him in 1995, he demanded his privacy.\n\"Just forget me,\" Quinn said. \"I've got a lot of trouble and a lot of personal grief. I'm just trying to get on with my life. I'm not in the securities business and never will be again.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":111,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":148616999,"gmtCreate":1625970964111,"gmtModify":1703751414118,"author":{"id":"3577917241557928","authorId":"3577917241557928","name":"Andtendo","avatar":"https://static.tigerbbs.com/a36b92c865704901397ab4e190d5ad8a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like and comment please :)","listText":"Like and comment please :)","text":"Like and comment please :)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/148616999","repostId":"1135090843","repostType":4,"repost":{"id":"1135090843","pubTimestamp":1625970902,"share":"https://www.laohu8.com/m/news/1135090843?lang=&edition=full","pubTime":"2021-07-11 10:35","market":"us","language":"en","title":"7 Earnings Reports to Watch Next Week","url":"https://stock-news.laohu8.com/highlight/detail?id=1135090843","media":"InvestorPlace","summary":"Earnings reports will provide insight into how these companies are performing\nSource: Shutterstock\nT","content":"<p>Earnings reports will provide insight into how these companies are performing</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0d277b8ff1b6b6711ba0749313119f04\" tg-width=\"1024\" tg-height=\"576\"><span>Source: Shutterstock</span></p>\n<p>The major U.S. banks are due to report their latest earnings the week of July 12, and the results can be expected to dominate the financial news cycle. The earnings will provide insights into the health and momentum of the economy as they provide a read on both business and consumer spending. With the economy sprinting coming out of the Covid-19 pandemic, the big commercial and investment banks are expected toreport strong results.</p>\n<p>The banks are also expected to begin rewarding shareholders after the U.S. Federal Reserve recently cleared them to again payout dividends and buyback their own stock. Wall Street estimates forecast that the six biggest U.S. banks could&nbsp;return more than $140 billion&nbsp;to shareholders in coming months through dividends and share buybacks.</p>\n<p>Here are seven of the biggest American banks with earnings reports next week:</p>\n<ul>\n <li><b>JPMorgan Chase</b>(NYSE:<b><u>JPM</u></b>)</li>\n <li><b>Goldman Sachs</b>(NYSE:<b><u>GS</u></b>)</li>\n <li><b>Bank of America</b>(NYSE:<b><u>BAC</u></b>)</li>\n <li><b>Citigroup</b>(NYSE:<b><u>C</u></b>)</li>\n <li><b>Wells Fargo</b>(NYSE:<b><u>WFC</u></b>)</li>\n <li><b>Morgan Stanley</b>(NYSE:<b><u>MS</u></b>)</li>\n <li><b>U.S. Bancorp</b>(NYSE:<b><u>USB</u></b>)</li>\n</ul>\n<p><b>JPMorgan Chase (JPM)</b></p>\n<p>First out of the gate next week is the biggest U.S. bank, JPMorgan Chase. The financial conglomerate led by Jamie Dimon has generated headlines for its spate of recent acquisitions. The bank has&nbsp;made 33 acquisitions&nbsp;so far this year, its biggest spending spree in several years. The deals have mostly involved small foreign money managers and digital banks in countries such as England and Brazil.</p>\n<p>JPMorgan Chase has said that it is pursuing acquisitions to contend with an ongoing low-interest-rate environment and greater competition from financial technology (fintech) companies.</p>\n<p>The deals completed in the first half of this year are on par with all the deals JPMorgan Chase completed last year. JPM stock has risen this year along with the entire bank sector. Year-to-date, JPM stock is up 22% to a July 9 open of $153.05. In the past 12 months, the stock has increased 66%. In this year’s first quarter, JPMorgan Chase’s earnings increased 477% to $4.50 per share diluted and beat analyst estimates of $3.06 a share. Earnings were given a significant boost by $5.2 billion of net reserves that the bank had built up in 2020 during the pandemic.</p>\n<p>For the&nbsp;second-quarter results&nbsp;to be released on July 13, analysts are forecasting revenue of $30 billion and earnings per share (EPS) of $3.03.</p>\n<p><b>Goldman Sachs (GS)</b></p>\n<p>Leading investment bank Goldman Sachs also reports&nbsp;second-quarter results&nbsp;on July 13, and expectations are high for blockbuster earnings. The venerable Wall Street firm set the bar high earlier this year when it reported record first quarter results that blew away expectations. Fueled by a record amount of investment banking activity, Goldman Sachs reported first quarter revenues of $17.7 billion, way ahead of the $12.6 billion forecast by analysts. EPS for the bank came in at $18.60, destroying the $10.22 estimated by analysts and 498% higher than in the first quarter of 2020.</p>\n<p>Can Goldman do it again with its second-quarter results? The&nbsp;consensus among analysts&nbsp;is for the investment bank to report second-quarter EPS of $9.52 a share, for year-over-year growth of 52%. Should Goldman Sachs beat expectations by a wide margin, it will likely propel the company’s share price to new heights. In this year’s first half, GS stock rose 40% to its July 9 opening price of $366. In the past year, the stock has gained 77%.</p>\n<p>Despite the big run in the bank’s share price, analysts see further gains in store. The&nbsp;median price target&nbsp;on GS stock is $415, implying another 13% gain in coming months.</p>\n<p><b>Bank of America (BAC)</b></p>\n<p>The second-largest U.S. bank by assets, Bank of America, reports its&nbsp;latest quarterly numbers&nbsp;on July 14. And the lender has been signaling that Wall Street should expect solid second-quarter results. Chief Executive Officer Brian Moynihan has been saying publicly that Bank of America is emerging from the pandemic a stronger and more competitive financial institution, helped by higher capital ratios and higher reserves. In the first quarter, the bank reported record levels of deposits, investment flows and investment banking revenues.</p>\n<p>Bank of America attracted the attention of investors when it announced on June 28 that it will increase its common stock&nbsp;dividend by 17%&nbsp;to 21 cents per share for the third quarter of this year. This came after the bank announced a $25 billion share buyback plan in April. For the second quarter, Bank of America is&nbsp;expected to report&nbsp;EPS of 77 cents, more than doubling Q2 2020’s $0.37.</p>\n<p>In this year’s first quarter, Bank of America posted EPS of 86 cents, up 115% year-over-year and above the consensus forecast of 66 cents. First quarter revenues were up a slight 0.2% to $22.8 billion, beating analysts’ estimates of $22.13 billion. BAC stock has climbed 32% higher year-to-date to $39.65 a share as of July 9. In the past 12 months, the share price has increased 73%. While the stock&nbsp;pulled back in the middle of June, next week’s earnings could spark the next leg higher.</p>\n<p><b>Citigroup (C)</b></p>\n<p>On July 14, we’ll also get earnings from Citigroup. And the latest results come at a time when C stock has been struggling and, at its July 9 level of $66.73 a share, is starting to look a little undervalued compared to its peers.</p>\n<p>Citigroup’s share price is up 11% year-to-date and has risen 34% over the last 52 weeks. Those are decent returns, but they trail the other big banks featured in this article. In the past month, Citigroup’s share price has slumped 14%. The&nbsp;June drop&nbsp;came after the bank warned that its trading revenue will likely decline by 30% this year on weak deal volumes.</p>\n<p>Despite the downward guidance, analysts still expect Citigroup to report earnings growth for the second quarter of this year. The bank is forecast to post EPS of $1.91 next week, which would be a year-over-year increase of nearly 300%. However, revenues are expected to come in at $17.35 billion, which would be about 10% lower than the second quarter of 2020 revenue of $19.77 billion. Many analysts revised down their revenue forecasts after Citigroup warned of rising costs. Chief Financial Officer Mark Mason said on June 16 that he expects&nbsp;second-quarter expenses&nbsp;to increase by as much as $11.6 billion.</p>\n<p><b>Wells Fargo (WFC)</b></p>\n<p>San Francisco-based Wells Fargo, which reports earnings on July 14, recently dominated headlines after it announced that it is closing out all of its existing&nbsp;personal lines of credit&nbsp;and will no longer offer the financial product. Lines of credit typically give retail customers loans of $3,000 to $100,000 and is often used to consolidate higher-interest credit card debt, pay for home renovations and fund college educations.</p>\n<p>The news came as a jolt to Wells Fargo customers, who were informed by the bank that the credit line closures “may have an impact on your credit score.”</p>\n<p>Eliminating the lines of credit is the latest move by Wells Fargo as it reviews its operations coming out the pandemic. The steps taken to date seem to be winning approval from investors. WFC stock is one of the best performing among banks this year. So far this year, Wells Fargo stock has gained 44% and now trades at $43.18. The share price is up 77% over the last year.For its second quarter, analysts expect Wells Fargo to report EPS of 93 cents on $17.78 billion in revenues.</p>\n<p><b>Morgan Stanley (MS)</b></p>\n<p>Investment bank Morgan Stanley won praise from investors a few weeks back after it became the first Wall Street firm to increase its dividend payout after passing the U.S. Federal Reserve’s latest stress test. A day after getting the all clear from the central bank, Morgan Stanley announced that it is&nbsp;doubling its quarterly dividend&nbsp;to 70 cents per share starting in this year’s third quarter and spending $12 billion to buy back its own stock. The share repurchase program will run for the next four quarters.</p>\n<p>The positive news for shareholders helped to extend a rally in MS stock, which is now up 31% year-to-date at $87.40 a share, and up 79% over the past 12 months. Similar to rival investment bank Goldman Sachs, Morgan Stanley’s first quarter revenue toppled analyst expectations. For the&nbsp;first three months&nbsp;of this year, Morgan Stanley reported EPS of $2.22 a share, a substantial improvement over projections of $1.70. And the company’s revenue increased 61% in the first quarter to a record $15.7 billion, beating analysts’ estimates by $1.6 billion.</p>\n<p>For the second quarter&nbsp;reporting on July 15, analysts forecast that Morgan Stanley will report EPS of $1.65 on revenue of $13.96 billion.</p>\n<p><b>U.S. Bancorp (USB)</b></p>\n<p>Probably the least-known bank on this list is Minneapolis, Minnesota-based U.S. Bancorp. While it primarily operates in the Midwest, U.S. Bancorp is currently the fifth-largest American bank with assets approaching $500 billion. Often referred to as a“super regional bank”because of its size and performance, the lender is a&nbsp;long-term holding&nbsp;of legendary investor Warren Buffett’s&nbsp;<b>Berkshire Hathaway</b>(NYSE:<b><u>BRK.B</u></b>) holding company. Buffett currently has more than $8 billion invested in USB stock.</p>\n<p>Year-to-date, USB stock is up 22%, opening July 9 at $56.08 a share. In the past 12 months, the share price has climbed 60% higher. However, like the rest of the banking sector, U.S. Bancorp’s stock pulled back over the past month, dipping 6% on worries that inflation is abating and interest rates may remain at historic lows over the medium-term.</p>\n<p>As for its earnings on July 15, analysts expect the lender to&nbsp;report EPS of $1.12&nbsp;for the second quarter on revenues of $5.63 billion. In&nbsp;this year’s first quarter, U.S. Bancorp reported EPS of $1.45, beating consensus estimates of 96 cents. First quarter revenue came in at $5.47 billion compared to analysts’ expectations of $5.53 billion.</p>","source":"lsy1606302653667","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>7 Earnings Reports to Watch Next 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\">\n7 Earnings Reports to Watch Next Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-11 10:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/earnings-reports-to-watch-next-week/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Earnings reports will provide insight into how these companies are performing\nSource: Shutterstock\nThe major U.S. banks are due to report their latest earnings the week of July 12, and the results can...</p>\n\n<a href=\"https://investorplace.com/earnings-reports-to-watch-next-week/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"USB":"美国合众银行","MS":"摩根士丹利","C":"花旗","GS":"高盛","JPM":"摩根大通","WFC":"富国银行","BAC":"美国银行"},"source_url":"https://investorplace.com/earnings-reports-to-watch-next-week/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135090843","content_text":"Earnings reports will provide insight into how these companies are performing\nSource: Shutterstock\nThe major U.S. banks are due to report their latest earnings the week of July 12, and the results can be expected to dominate the financial news cycle. The earnings will provide insights into the health and momentum of the economy as they provide a read on both business and consumer spending. With the economy sprinting coming out of the Covid-19 pandemic, the big commercial and investment banks are expected toreport strong results.\nThe banks are also expected to begin rewarding shareholders after the U.S. Federal Reserve recently cleared them to again payout dividends and buyback their own stock. Wall Street estimates forecast that the six biggest U.S. banks could return more than $140 billion to shareholders in coming months through dividends and share buybacks.\nHere are seven of the biggest American banks with earnings reports next week:\n\nJPMorgan Chase(NYSE:JPM)\nGoldman Sachs(NYSE:GS)\nBank of America(NYSE:BAC)\nCitigroup(NYSE:C)\nWells Fargo(NYSE:WFC)\nMorgan Stanley(NYSE:MS)\nU.S. Bancorp(NYSE:USB)\n\nJPMorgan Chase (JPM)\nFirst out of the gate next week is the biggest U.S. bank, JPMorgan Chase. The financial conglomerate led by Jamie Dimon has generated headlines for its spate of recent acquisitions. The bank has made 33 acquisitions so far this year, its biggest spending spree in several years. The deals have mostly involved small foreign money managers and digital banks in countries such as England and Brazil.\nJPMorgan Chase has said that it is pursuing acquisitions to contend with an ongoing low-interest-rate environment and greater competition from financial technology (fintech) companies.\nThe deals completed in the first half of this year are on par with all the deals JPMorgan Chase completed last year. JPM stock has risen this year along with the entire bank sector. Year-to-date, JPM stock is up 22% to a July 9 open of $153.05. In the past 12 months, the stock has increased 66%. In this year’s first quarter, JPMorgan Chase’s earnings increased 477% to $4.50 per share diluted and beat analyst estimates of $3.06 a share. Earnings were given a significant boost by $5.2 billion of net reserves that the bank had built up in 2020 during the pandemic.\nFor the second-quarter results to be released on July 13, analysts are forecasting revenue of $30 billion and earnings per share (EPS) of $3.03.\nGoldman Sachs (GS)\nLeading investment bank Goldman Sachs also reports second-quarter results on July 13, and expectations are high for blockbuster earnings. The venerable Wall Street firm set the bar high earlier this year when it reported record first quarter results that blew away expectations. Fueled by a record amount of investment banking activity, Goldman Sachs reported first quarter revenues of $17.7 billion, way ahead of the $12.6 billion forecast by analysts. EPS for the bank came in at $18.60, destroying the $10.22 estimated by analysts and 498% higher than in the first quarter of 2020.\nCan Goldman do it again with its second-quarter results? The consensus among analysts is for the investment bank to report second-quarter EPS of $9.52 a share, for year-over-year growth of 52%. Should Goldman Sachs beat expectations by a wide margin, it will likely propel the company’s share price to new heights. In this year’s first half, GS stock rose 40% to its July 9 opening price of $366. In the past year, the stock has gained 77%.\nDespite the big run in the bank’s share price, analysts see further gains in store. The median price target on GS stock is $415, implying another 13% gain in coming months.\nBank of America (BAC)\nThe second-largest U.S. bank by assets, Bank of America, reports its latest quarterly numbers on July 14. And the lender has been signaling that Wall Street should expect solid second-quarter results. Chief Executive Officer Brian Moynihan has been saying publicly that Bank of America is emerging from the pandemic a stronger and more competitive financial institution, helped by higher capital ratios and higher reserves. In the first quarter, the bank reported record levels of deposits, investment flows and investment banking revenues.\nBank of America attracted the attention of investors when it announced on June 28 that it will increase its common stock dividend by 17% to 21 cents per share for the third quarter of this year. This came after the bank announced a $25 billion share buyback plan in April. For the second quarter, Bank of America is expected to report EPS of 77 cents, more than doubling Q2 2020’s $0.37.\nIn this year’s first quarter, Bank of America posted EPS of 86 cents, up 115% year-over-year and above the consensus forecast of 66 cents. First quarter revenues were up a slight 0.2% to $22.8 billion, beating analysts’ estimates of $22.13 billion. BAC stock has climbed 32% higher year-to-date to $39.65 a share as of July 9. In the past 12 months, the share price has increased 73%. While the stock pulled back in the middle of June, next week’s earnings could spark the next leg higher.\nCitigroup (C)\nOn July 14, we’ll also get earnings from Citigroup. And the latest results come at a time when C stock has been struggling and, at its July 9 level of $66.73 a share, is starting to look a little undervalued compared to its peers.\nCitigroup’s share price is up 11% year-to-date and has risen 34% over the last 52 weeks. Those are decent returns, but they trail the other big banks featured in this article. In the past month, Citigroup’s share price has slumped 14%. The June drop came after the bank warned that its trading revenue will likely decline by 30% this year on weak deal volumes.\nDespite the downward guidance, analysts still expect Citigroup to report earnings growth for the second quarter of this year. The bank is forecast to post EPS of $1.91 next week, which would be a year-over-year increase of nearly 300%. However, revenues are expected to come in at $17.35 billion, which would be about 10% lower than the second quarter of 2020 revenue of $19.77 billion. Many analysts revised down their revenue forecasts after Citigroup warned of rising costs. Chief Financial Officer Mark Mason said on June 16 that he expects second-quarter expenses to increase by as much as $11.6 billion.\nWells Fargo (WFC)\nSan Francisco-based Wells Fargo, which reports earnings on July 14, recently dominated headlines after it announced that it is closing out all of its existing personal lines of credit and will no longer offer the financial product. Lines of credit typically give retail customers loans of $3,000 to $100,000 and is often used to consolidate higher-interest credit card debt, pay for home renovations and fund college educations.\nThe news came as a jolt to Wells Fargo customers, who were informed by the bank that the credit line closures “may have an impact on your credit score.”\nEliminating the lines of credit is the latest move by Wells Fargo as it reviews its operations coming out the pandemic. The steps taken to date seem to be winning approval from investors. WFC stock is one of the best performing among banks this year. So far this year, Wells Fargo stock has gained 44% and now trades at $43.18. The share price is up 77% over the last year.For its second quarter, analysts expect Wells Fargo to report EPS of 93 cents on $17.78 billion in revenues.\nMorgan Stanley (MS)\nInvestment bank Morgan Stanley won praise from investors a few weeks back after it became the first Wall Street firm to increase its dividend payout after passing the U.S. Federal Reserve’s latest stress test. A day after getting the all clear from the central bank, Morgan Stanley announced that it is doubling its quarterly dividend to 70 cents per share starting in this year’s third quarter and spending $12 billion to buy back its own stock. The share repurchase program will run for the next four quarters.\nThe positive news for shareholders helped to extend a rally in MS stock, which is now up 31% year-to-date at $87.40 a share, and up 79% over the past 12 months. Similar to rival investment bank Goldman Sachs, Morgan Stanley’s first quarter revenue toppled analyst expectations. For the first three months of this year, Morgan Stanley reported EPS of $2.22 a share, a substantial improvement over projections of $1.70. And the company’s revenue increased 61% in the first quarter to a record $15.7 billion, beating analysts’ estimates by $1.6 billion.\nFor the second quarter reporting on July 15, analysts forecast that Morgan Stanley will report EPS of $1.65 on revenue of $13.96 billion.\nU.S. Bancorp (USB)\nProbably the least-known bank on this list is Minneapolis, Minnesota-based U.S. Bancorp. While it primarily operates in the Midwest, U.S. Bancorp is currently the fifth-largest American bank with assets approaching $500 billion. Often referred to as a“super regional bank”because of its size and performance, the lender is a long-term holding of legendary investor Warren Buffett’s Berkshire Hathaway(NYSE:BRK.B) holding company. Buffett currently has more than $8 billion invested in USB stock.\nYear-to-date, USB stock is up 22%, opening July 9 at $56.08 a share. In the past 12 months, the share price has climbed 60% higher. However, like the rest of the banking sector, U.S. Bancorp’s stock pulled back over the past month, dipping 6% on worries that inflation is abating and interest rates may remain at historic lows over the medium-term.\nAs for its earnings on July 15, analysts expect the lender to report EPS of $1.12 for the second quarter on revenues of $5.63 billion. In this year’s first quarter, U.S. Bancorp reported EPS of $1.45, beating consensus estimates of 96 cents. First quarter revenue came in at $5.47 billion compared to analysts’ expectations of $5.53 billion.","news_type":1},"isVote":1,"tweetType":1,"viewCount":153,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":135299496,"gmtCreate":1622163984815,"gmtModify":1704180616442,"author":{"id":"3577917241557928","authorId":"3577917241557928","name":"Andtendo","avatar":"https://static.tigerbbs.com/a36b92c865704901397ab4e190d5ad8a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like and comment sir&nbsp;","listText":"Like and comment sir&nbsp;","text":"Like and comment sir","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/135299496","repostId":"1148985369","repostType":4,"isVote":1,"tweetType":1,"viewCount":49,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3576017864370659","authorId":"3576017864370659","name":"YLim","avatar":"https://static.tigerbbs.com/e6b6104d6aeb4bffcce051d8b3b7fbdd","crmLevel":4,"crmLevelSwitch":0},"content":"pls comment mine","text":"pls comment mine","html":"pls comment mine"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":880433820,"gmtCreate":1631070383860,"gmtModify":1676530459245,"author":{"id":"3577917241557928","authorId":"3577917241557928","name":"Andtendo","avatar":"https://static.tigerbbs.com/a36b92c865704901397ab4e190d5ad8a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like please :)","listText":"Like please :)","text":"Like please :)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/880433820","repostId":"1184488523","repostType":4,"isVote":1,"tweetType":1,"viewCount":271,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":895332722,"gmtCreate":1628723706366,"gmtModify":1676529829799,"author":{"id":"3577917241557928","authorId":"3577917241557928","name":"Andtendo","avatar":"https://static.tigerbbs.com/a36b92c865704901397ab4e190d5ad8a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like and comment please","listText":"Like and comment please","text":"Like and comment please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/895332722","repostId":"2158235575","repostType":4,"repost":{"id":"2158235575","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":1628723223,"share":"https://www.laohu8.com/m/news/2158235575?lang=&edition=full","pubTime":"2021-08-12 07:07","market":"us","language":"en","title":"Slowing inflation growth lifts Dow, S&P to records","url":"https://stock-news.laohu8.com/highlight/detail?id=2158235575","media":"Reuters","summary":"U.S. CPI growth slows in July\n\n\nCoinbase Global jumps on posting upbeat Q2 profit\n\n\nVirgin Galactic ","content":"<ul>\n <li>U.S. CPI growth slows in July</li>\n</ul>\n<ul>\n <li>Coinbase Global jumps on posting upbeat Q2 profit</li>\n</ul>\n<ul>\n <li>Virgin Galactic slides as MS downgrades to \"underweight\"</li>\n</ul>\n<ul>\n <li>Dow up 0.62%, S&amp;P 500 up 0.25%, Nasdaq down 0.16%</li>\n</ul>\n<p>NEW YORK, Aug 11 (Reuters) - The Dow Jones Industrial Average and S&amp;P 500 closed at record levels on Wednesday, as data indicated U.S. inflation growth may have peaked, while sectors tied to economic growth advanced on the heels of the passage of a large infrastructure bill.</p>\n<p>The Labor Department said the consumer price index increased 0.5% last month after climbing 0.9% in June, the largest drop in month-to-month inflation in 15 months, easing concerns about the potential for runaway inflation.</p>\n<p>\"Certainly, the numbers show you more deceleration,\" said Steven Ricchiuto, U.S. chief economist at Mizuho Securities USA LLC in New York.</p>\n<p>\"This number is going to put the Fed in a little bit of a quandary because they've gone out with all this rhetoric about tapering, about tightening rates, about being defensive and the inflation numbers aren't quite where they should be, but they’re certainly not showing that this thing is out of control.\"</p>\n<p>Investors have been closely attuned to inflation pressures in recent months, concerned that a continual rise in prices could push the Federal Reserve to begin to scale down its ultra-accommodative policy stance earlier than anticipated.</p>\n<p>Kansas City Federal Reserve President Esther George said on Wednesday that with the U.S. economy growing at a robust pace, it signals the \"time has come to dial back the settings.\" In addition, Dallas Federal Reserve President Robert Kaplan said the central bank should announce its timeline to reduce its massive bondholding next month, with tapering to begin in October.</p>\n<p>The <a href=\"https://laohu8.com/S/.DJI\">DJIA</a>&nbsp;rose 220.3 points, or 0.62%, to 35,484.97, the <a href=\"https://laohu8.com/S/.SPX\">S&amp;P 500</a> gained 10.95 points, or 0.25%, to 4,447.7 and the <a href=\"https://laohu8.com/S/.IXIC\">NASDAQ</a> dropped 22.95 points, or 0.16%, to 14,765.14.</p>\n<p>After the U.S. Senate passed a $1 trillion bipartisan infrastructure package on Tuesday, an additional $3.5 trillion budget plan full of new domestic programs was also approved by the legislative body but disagreements within the Democratic party threatened the size and scope of the spending.</p>\n<p>Shares of equipment maker <a href=\"https://laohu8.com/S/CAT\">Caterpillar</a> advanced 3.55% and was the biggest boost to the Dow and peer <a href=\"https://laohu8.com/S/DE\">John Deere</a>&nbsp;gained 2.51%. Also moving higher were construction materials supplier <a href=\"https://laohu8.com/S/VMC\">Vulcan Materials</a>, up 3.24% and steelmaker <a href=\"https://laohu8.com/S/NUE\">Nucor</a>, up 3.91% building on gains in the prior session on expectations of benefiting from infrastructure projects.</p>\n<p>The materials and industrials&nbsp;were the best performing of the 11 major S&amp;P sectors.</p>\n<p>Technology stocks moved off earlier lows in the wake of a strong 10-year note auction, which sent yields&nbsp;lower after a five day streak of gains session amid optimism about a stronger economic reopening.</p>\n<p><a href=\"https://laohu8.com/S/NLOK\">NortonLifeLock Inc.</a> jumped 8.70% after the cybersecurity company agreed to buy London-listed rival Avast&nbsp;for up to $8.6 billion.</p>\n<p><a href=\"https://laohu8.com/S/COIN\">Coinbase Global, Inc.</a> climbed 3.24% after the cryptocurrency exchange beat market estimates for second-quarter profit, helped by a near 38% jump in trading volumes on a sequential basis.</p>\n<p><a href=\"https://laohu8.com/S/SPCE\">Virgin Galactic</a> plunged 12.67% after <a href=\"https://laohu8.com/S/MS\">Morgan Stanley</a> downgraded the stock to \"underweight\" from \"equal-weight\", pointing to a prolonged period of no flights.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 2.08-to-1 ratio; on Nasdaq, a 1.15-to-1 ratio favored advancers.</p>\n<p>The S&amp;P 500 posted 56 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 94 new highs and 112 new lows.</p>\n<p>Volume on U.S. exchanges was 8.62 billion shares, compared with the 9.55 billion average for the full session 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>Slowing inflation growth lifts Dow, S&P to records</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\">\nSlowing inflation growth lifts Dow, S&P to records\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\">2021-08-12 07:07</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul>\n <li>U.S. CPI growth slows in July</li>\n</ul>\n<ul>\n <li>Coinbase Global jumps on posting upbeat Q2 profit</li>\n</ul>\n<ul>\n <li>Virgin Galactic slides as MS downgrades to \"underweight\"</li>\n</ul>\n<ul>\n <li>Dow up 0.62%, S&amp;P 500 up 0.25%, Nasdaq down 0.16%</li>\n</ul>\n<p>NEW YORK, Aug 11 (Reuters) - The Dow Jones Industrial Average and S&amp;P 500 closed at record levels on Wednesday, as data indicated U.S. inflation growth may have peaked, while sectors tied to economic growth advanced on the heels of the passage of a large infrastructure bill.</p>\n<p>The Labor Department said the consumer price index increased 0.5% last month after climbing 0.9% in June, the largest drop in month-to-month inflation in 15 months, easing concerns about the potential for runaway inflation.</p>\n<p>\"Certainly, the numbers show you more deceleration,\" said Steven Ricchiuto, U.S. chief economist at Mizuho Securities USA LLC in New York.</p>\n<p>\"This number is going to put the Fed in a little bit of a quandary because they've gone out with all this rhetoric about tapering, about tightening rates, about being defensive and the inflation numbers aren't quite where they should be, but they’re certainly not showing that this thing is out of control.\"</p>\n<p>Investors have been closely attuned to inflation pressures in recent months, concerned that a continual rise in prices could push the Federal Reserve to begin to scale down its ultra-accommodative policy stance earlier than anticipated.</p>\n<p>Kansas City Federal Reserve President Esther George said on Wednesday that with the U.S. economy growing at a robust pace, it signals the \"time has come to dial back the settings.\" In addition, Dallas Federal Reserve President Robert Kaplan said the central bank should announce its timeline to reduce its massive bondholding next month, with tapering to begin in October.</p>\n<p>The <a href=\"https://laohu8.com/S/.DJI\">DJIA</a>&nbsp;rose 220.3 points, or 0.62%, to 35,484.97, the <a href=\"https://laohu8.com/S/.SPX\">S&amp;P 500</a> gained 10.95 points, or 0.25%, to 4,447.7 and the <a href=\"https://laohu8.com/S/.IXIC\">NASDAQ</a> dropped 22.95 points, or 0.16%, to 14,765.14.</p>\n<p>After the U.S. Senate passed a $1 trillion bipartisan infrastructure package on Tuesday, an additional $3.5 trillion budget plan full of new domestic programs was also approved by the legislative body but disagreements within the Democratic party threatened the size and scope of the spending.</p>\n<p>Shares of equipment maker <a href=\"https://laohu8.com/S/CAT\">Caterpillar</a> advanced 3.55% and was the biggest boost to the Dow and peer <a href=\"https://laohu8.com/S/DE\">John Deere</a>&nbsp;gained 2.51%. Also moving higher were construction materials supplier <a href=\"https://laohu8.com/S/VMC\">Vulcan Materials</a>, up 3.24% and steelmaker <a href=\"https://laohu8.com/S/NUE\">Nucor</a>, up 3.91% building on gains in the prior session on expectations of benefiting from infrastructure projects.</p>\n<p>The materials and industrials&nbsp;were the best performing of the 11 major S&amp;P sectors.</p>\n<p>Technology stocks moved off earlier lows in the wake of a strong 10-year note auction, which sent yields&nbsp;lower after a five day streak of gains session amid optimism about a stronger economic reopening.</p>\n<p><a href=\"https://laohu8.com/S/NLOK\">NortonLifeLock Inc.</a> jumped 8.70% after the cybersecurity company agreed to buy London-listed rival Avast&nbsp;for up to $8.6 billion.</p>\n<p><a href=\"https://laohu8.com/S/COIN\">Coinbase Global, Inc.</a> climbed 3.24% after the cryptocurrency exchange beat market estimates for second-quarter profit, helped by a near 38% jump in trading volumes on a sequential basis.</p>\n<p><a href=\"https://laohu8.com/S/SPCE\">Virgin Galactic</a> plunged 12.67% after <a href=\"https://laohu8.com/S/MS\">Morgan Stanley</a> downgraded the stock to \"underweight\" from \"equal-weight\", pointing to a prolonged period of no flights.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 2.08-to-1 ratio; on Nasdaq, a 1.15-to-1 ratio favored advancers.</p>\n<p>The S&amp;P 500 posted 56 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 94 new highs and 112 new lows.</p>\n<p>Volume on U.S. exchanges was 8.62 billion shares, compared with the 9.55 billion average for the full session 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","SPXU":"三倍做空标普500ETF","OEF":"标普100指数ETF-iShares","DDM":"道指两倍做多ETF","PSQ":"纳指反向ETF","SPCE":"维珍银河","IVV":"标普500指数ETF","CAT":"卡特彼勒","SDS":"两倍做空标普500ETF","SSO":"两倍做多标普500ETF","SH":"标普500反向ETF","OEX":"标普100","QID":"纳指两倍做空ETF",".IXIC":"NASDAQ Composite","DJX":"1/100道琼斯","QQQ":"纳指100ETF","TQQQ":"纳指三倍做多ETF","DOG":"道指反向ETF","DE":"迪尔股份有限公司","SDOW":"道指三倍做空ETF-ProShares","COIN":"Coinbase Global, Inc.","QLD":"纳指两倍做多ETF","VMC":"火神材料","UDOW":"道指三倍做多ETF-ProShares",".SPX":"S&P 500 Index","UPRO":"三倍做多标普500ETF","DXD":"道指两倍做空ETF","NUE":"纽柯钢铁",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2158235575","content_text":"U.S. CPI growth slows in July\n\n\nCoinbase Global jumps on posting upbeat Q2 profit\n\n\nVirgin Galactic slides as MS downgrades to \"underweight\"\n\n\nDow up 0.62%, S&P 500 up 0.25%, Nasdaq down 0.16%\n\nNEW YORK, Aug 11 (Reuters) - The Dow Jones Industrial Average and S&P 500 closed at record levels on Wednesday, as data indicated U.S. inflation growth may have peaked, while sectors tied to economic growth advanced on the heels of the passage of a large infrastructure bill.\nThe Labor Department said the consumer price index increased 0.5% last month after climbing 0.9% in June, the largest drop in month-to-month inflation in 15 months, easing concerns about the potential for runaway inflation.\n\"Certainly, the numbers show you more deceleration,\" said Steven Ricchiuto, U.S. chief economist at Mizuho Securities USA LLC in New York.\n\"This number is going to put the Fed in a little bit of a quandary because they've gone out with all this rhetoric about tapering, about tightening rates, about being defensive and the inflation numbers aren't quite where they should be, but they’re certainly not showing that this thing is out of control.\"\nInvestors have been closely attuned to inflation pressures in recent months, concerned that a continual rise in prices could push the Federal Reserve to begin to scale down its ultra-accommodative policy stance earlier than anticipated.\nKansas City Federal Reserve President Esther George said on Wednesday that with the U.S. economy growing at a robust pace, it signals the \"time has come to dial back the settings.\" In addition, Dallas Federal Reserve President Robert Kaplan said the central bank should announce its timeline to reduce its massive bondholding next month, with tapering to begin in October.\nThe DJIA rose 220.3 points, or 0.62%, to 35,484.97, the S&P 500 gained 10.95 points, or 0.25%, to 4,447.7 and the NASDAQ dropped 22.95 points, or 0.16%, to 14,765.14.\nAfter the U.S. Senate passed a $1 trillion bipartisan infrastructure package on Tuesday, an additional $3.5 trillion budget plan full of new domestic programs was also approved by the legislative body but disagreements within the Democratic party threatened the size and scope of the spending.\nShares of equipment maker Caterpillar advanced 3.55% and was the biggest boost to the Dow and peer John Deere gained 2.51%. Also moving higher were construction materials supplier Vulcan Materials, up 3.24% and steelmaker Nucor, up 3.91% building on gains in the prior session on expectations of benefiting from infrastructure projects.\nThe materials and industrials were the best performing of the 11 major S&P sectors.\nTechnology stocks moved off earlier lows in the wake of a strong 10-year note auction, which sent yields lower after a five day streak of gains session amid optimism about a stronger economic reopening.\nNortonLifeLock Inc. jumped 8.70% after the cybersecurity company agreed to buy London-listed rival Avast for up to $8.6 billion.\nCoinbase Global, Inc. climbed 3.24% after the cryptocurrency exchange beat market estimates for second-quarter profit, helped by a near 38% jump in trading volumes on a sequential basis.\nVirgin Galactic plunged 12.67% after Morgan Stanley downgraded the stock to \"underweight\" from \"equal-weight\", pointing to a prolonged period of no flights.\nAdvancing issues outnumbered declining ones on the NYSE by a 2.08-to-1 ratio; on Nasdaq, a 1.15-to-1 ratio favored advancers.\nThe S&P 500 posted 56 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 94 new highs and 112 new lows.\nVolume on U.S. exchanges was 8.62 billion shares, compared with the 9.55 billion average for the full session over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":14,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":174397927,"gmtCreate":1627074894069,"gmtModify":1703483708613,"author":{"id":"3577917241557928","authorId":"3577917241557928","name":"Andtendo","avatar":"https://static.tigerbbs.com/a36b92c865704901397ab4e190d5ad8a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like and comment please :)","listText":"Like and comment please :)","text":"Like and comment please :)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/174397927","repostId":"1124707956","repostType":4,"repost":{"id":"1124707956","pubTimestamp":1627053121,"share":"https://www.laohu8.com/m/news/1124707956?lang=&edition=full","pubTime":"2021-07-23 23:12","market":"us","language":"en","title":"Hedge Funds Dump The Rally After Buying The Dip","url":"https://stock-news.laohu8.com/highlight/detail?id=1124707956","media":"zerohedge","summary":"One can't say that Goldman's clients have too much faith in Goldman's trade recos.As Goldman's flow trader John Flood was urging clients on Monday \"not to buy this dip\", they did just that and on Monday Goldman's Prime Brokerage service observed a surge in hedge fund dip buying as the S&P tumbled as low as 4,220. Those same hedge funds, however, clearly unsure what happens next, then proceeded to dump the rally andon Tuesday the GS Prime book saw the largest 1-day net selling since June 17 and t","content":"<p>One can't say that Goldman's clients have too much faith in Goldman's trade recos.</p>\n<p>As Goldman's flow trader John Flood was urging clients on Monday \"not to buy this dip\", they did just that and on Monday Goldman's Prime Brokerage service observed a surge in hedge fund dip buying as the S&amp;P tumbled as low as 4,220. Those same hedge funds, however, clearly unsure what happens next, then proceeded to dump the rally and<b>on Tuesday the GS Prime book saw the largest 1-day net selling since June 17</b>(-2.2 SDs vs. the average daily net flow of the past year) and the biggest net selling in single names since Nov 2019, driven by long-and-short sales (1.6 to 1), as all regions were net sold led in $ terms by North America and DM Asia, and driven by long-and-short sales (2.5 to 1). This defensive positioning has continued through much of the post-Monday rally.</p>\n<p>Some more observations from Goldman Prime on the post-bottom action:</p>\n<ul>\n <li>Single names saw the largest 1-day $ net selling since Nov ’19 (-4.0 SDs), which far outweighed net buying in Macro Products (Index and ETF combined).</li>\n <li>8 of 11 sectors were net sold led in $ terms by Health Care, Industrials, Consumer Disc, and Utilities, while Info Tech, Energy, and Financials were net bought.</li>\n <li>Despite the reversal in overall net trading activity, the underlying themes that stood out on Monday generally continued on Tuesday.</li>\n <li><b>Buying Stay at Home (GSXUSTAY</b>) vs. Selling Go Outside (GSXUPAND) for a second straight day.</li>\n</ul>\n<ol>\n <li>Constituents of the GSXUSTAY collectively were net bought again and saw the largest 1-day $ net buying since 6/28, driven by long buys.</li>\n <li>Members of GSXUPAND collectively were net sold for a second straight day, amid risk-off flows with long buys outpacing short covers. That said, the pace of net selling in the group significantly moderated vs. what we saw on Monday.</li>\n</ol>\n<ul>\n <li><p><b>Buying Expensive Software (GSCBSF8X) again</b>– basket constituents collectively were net bought for a second straight day and saw the largest 1-day $ net buying YTD, driven entirely by long buys.</p></li>\n <li><p><b>Risk-off in FAAMG (GSTMTMEG</b>) – the TMT mega caps collectively were modestly net sold, driven entirely by long sales, though net flows diverged by individual names. The group collectively has been net sold in 9 of the past 10 sessions (except 7/19).</p></li>\n</ul>\n<p>And visually:</p>\n<p><img src=\"https://static.tigerbbs.com/c10eb63e147e5e14ef3cb10e25db2523\" tg-width=\"1089\" tg-height=\"1006\" width=\"100%\" height=\"auto\"></p>\n<p>What does this mean for hedge fund performance? Despite the whipsaw, Goldman notes that fundamental LS managers experienced positive alpha for a third straight day and MTD</p>\n<p><b>Yesterday (July 20th)</b></p>\n<ul>\n <li>Fundamental LS +0.8% (alpha +0.2%) vs MSCI TR +1.0%.</li>\n <li>Systematic LS -0.2%</li>\n</ul>\n<p><b>July MTD</b></p>\n<ul>\n <li>Fundamental LS -0.7% (alpha +0.9%) vs MSCI TR -0.3%</li>\n <li>Systematic LS +1.5%</li>\n</ul>\n<p><b>2021 YTD</b></p>\n<ul>\n <li>Fundamental LS +2.6% (alpha -5.7%) vs MSCI TR +12.7%</li>\n <li>Systematic LS +12.2%</li>\n</ul>\n<p><img src=\"https://static.tigerbbs.com/3d794cb43ddc7266af19225539b4d607\" tg-width=\"1088\" tg-height=\"442\" width=\"100%\" height=\"auto\">Finally, in terms of positioning, Goldman observes that overall leverage has fallen MTD; while Fundamental LS grosses are now in just the 19th percentile one-year though Nets remain relatively high.</p>\n<p><img src=\"https://static.tigerbbs.com/1d8fb3c9c67200b83051956e49b33e1c\" tg-width=\"1088\" tg-height=\"665\" width=\"100%\" height=\"auto\"></p>\n<p></p>","source":"lsy1583725640930","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>Hedge Funds Dump The Rally After Buying The Dip</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\">\nHedge Funds Dump The Rally After Buying The Dip\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-23 23:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/hedge-funds-dump-rally-after-buying-dip?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>One can't say that Goldman's clients have too much faith in Goldman's trade recos.\nAs Goldman's flow trader John Flood was urging clients on Monday \"not to buy this dip\", they did just that and on ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/hedge-funds-dump-rally-after-buying-dip?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite","SPY":"标普500ETF"},"source_url":"https://www.zerohedge.com/markets/hedge-funds-dump-rally-after-buying-dip?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1124707956","content_text":"One can't say that Goldman's clients have too much faith in Goldman's trade recos.\nAs Goldman's flow trader John Flood was urging clients on Monday \"not to buy this dip\", they did just that and on Monday Goldman's Prime Brokerage service observed a surge in hedge fund dip buying as the S&P tumbled as low as 4,220. Those same hedge funds, however, clearly unsure what happens next, then proceeded to dump the rally andon Tuesday the GS Prime book saw the largest 1-day net selling since June 17(-2.2 SDs vs. the average daily net flow of the past year) and the biggest net selling in single names since Nov 2019, driven by long-and-short sales (1.6 to 1), as all regions were net sold led in $ terms by North America and DM Asia, and driven by long-and-short sales (2.5 to 1). This defensive positioning has continued through much of the post-Monday rally.\nSome more observations from Goldman Prime on the post-bottom action:\n\nSingle names saw the largest 1-day $ net selling since Nov ’19 (-4.0 SDs), which far outweighed net buying in Macro Products (Index and ETF combined).\n8 of 11 sectors were net sold led in $ terms by Health Care, Industrials, Consumer Disc, and Utilities, while Info Tech, Energy, and Financials were net bought.\nDespite the reversal in overall net trading activity, the underlying themes that stood out on Monday generally continued on Tuesday.\nBuying Stay at Home (GSXUSTAY) vs. Selling Go Outside (GSXUPAND) for a second straight day.\n\n\nConstituents of the GSXUSTAY collectively were net bought again and saw the largest 1-day $ net buying since 6/28, driven by long buys.\nMembers of GSXUPAND collectively were net sold for a second straight day, amid risk-off flows with long buys outpacing short covers. That said, the pace of net selling in the group significantly moderated vs. what we saw on Monday.\n\n\nBuying Expensive Software (GSCBSF8X) again– basket constituents collectively were net bought for a second straight day and saw the largest 1-day $ net buying YTD, driven entirely by long buys.\nRisk-off in FAAMG (GSTMTMEG) – the TMT mega caps collectively were modestly net sold, driven entirely by long sales, though net flows diverged by individual names. The group collectively has been net sold in 9 of the past 10 sessions (except 7/19).\n\nAnd visually:\n\nWhat does this mean for hedge fund performance? Despite the whipsaw, Goldman notes that fundamental LS managers experienced positive alpha for a third straight day and MTD\nYesterday (July 20th)\n\nFundamental LS +0.8% (alpha +0.2%) vs MSCI TR +1.0%.\nSystematic LS -0.2%\n\nJuly MTD\n\nFundamental LS -0.7% (alpha +0.9%) vs MSCI TR -0.3%\nSystematic LS +1.5%\n\n2021 YTD\n\nFundamental LS +2.6% (alpha -5.7%) vs MSCI TR +12.7%\nSystematic LS +12.2%\n\nFinally, in terms of positioning, Goldman observes that overall leverage has fallen MTD; while Fundamental LS grosses are now in just the 19th percentile one-year though Nets remain relatively high.","news_type":1},"isVote":1,"tweetType":1,"viewCount":175,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}