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2021-07-07

Wow

Luckin Coffee shares continuously rise after restatement of 2019 financial results.

2021-06-07

Hmm

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2021-06-04

Interesting

Is It Time to Buy the Dow Jones' 3 Worst Performing May Stocks?

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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":1625584140,"share":"https://ttm.financial/m/news/2147181921?lang=&edition=fundamental","pubTime":"2021-07-06 23:09","market":"us","language":"en","title":"Luckin Coffee shares continuously rise after restatement of 2019 financial results.","url":"https://stock-news.laohu8.com/highlight/detail?id=2147181921","media":"Dow Jones","summary":"Luckin Coffee rose 11% On Tuesday, and has surged more than 50% in the past week.\n\nLuckin Coffee rel","content":"<p>Luckin Coffee&nbsp;rose&nbsp;11%&nbsp;On Tuesday, and&nbsp;has&nbsp;surged&nbsp;more&nbsp;than&nbsp;50% in the past&nbsp;week.</p>\n<p><img src=\"https://static.tigerbbs.com/c73cfd66ba216cf812a82753ece61c49\" tg-width=\"782\" tg-height=\"592\" referrerpolicy=\"no-referrer\"></p>\n<p>Luckin Coffee released its&nbsp;audited 2019 financial statementson the evening of June 30, detailing thefraudcommitted by the company more than two years ago andadmitted to in April 2020.</p>\n<p>The report shows Luckin Coffee’s fraudulent transactions began as early as April 2019, while it inflated operating income by RMB 2.12 billion (USD 327.7 million) for the entirety of 2019. Luckin Coffee’s revenue inflation increased throughout the year, totaling RMB 250 million (USD 38.6 million) in Q2 2019, RMB 700 million (USD 108.2 million) in Q3, and RMB 1.17 billion (USD 172.6 million) in Q4.</p>\n<p>While the company’s number of monthly transacting users increased sharply in 2019, largely due to a deluge of subsidies for free coffee, the number of cups of coffee consumed per user fell from around three in 2018 to 2.59 in 2019. Luckin Coffee recorded a net loss of RMB 3.16 billion (USD 488.4 million) in 2019, an increase of 95% year-on-year.</p>\n<p>After the financial misrepresentation came to light and the US Securities and Exchange Commission leviedhefty finesagainst the company, Luckin Coffee has attempted to revive its business byrestructuring debtandraising USD 250 million in April. The companysaid on Wednesdaythat it currently operates more than 5,200 stores throughout China.</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>Luckin Coffee shares continuously rise after restatement of 2019 financial results.</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\">\nLuckin Coffee shares continuously rise after restatement of 2019 financial results.\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\">2021-07-06 23:09</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Luckin Coffee&nbsp;rose&nbsp;11%&nbsp;On Tuesday, and&nbsp;has&nbsp;surged&nbsp;more&nbsp;than&nbsp;50% in the past&nbsp;week.</p>\n<p><img src=\"https://static.tigerbbs.com/c73cfd66ba216cf812a82753ece61c49\" tg-width=\"782\" tg-height=\"592\" referrerpolicy=\"no-referrer\"></p>\n<p>Luckin Coffee released its&nbsp;audited 2019 financial statementson the evening of June 30, detailing thefraudcommitted by the company more than two years ago andadmitted to in April 2020.</p>\n<p>The report shows Luckin Coffee’s fraudulent transactions began as early as April 2019, while it inflated operating income by RMB 2.12 billion (USD 327.7 million) for the entirety of 2019. Luckin Coffee’s revenue inflation increased throughout the year, totaling RMB 250 million (USD 38.6 million) in Q2 2019, RMB 700 million (USD 108.2 million) in Q3, and RMB 1.17 billion (USD 172.6 million) in Q4.</p>\n<p>While the company’s number of monthly transacting users increased sharply in 2019, largely due to a deluge of subsidies for free coffee, the number of cups of coffee consumed per user fell from around three in 2018 to 2.59 in 2019. Luckin Coffee recorded a net loss of RMB 3.16 billion (USD 488.4 million) in 2019, an increase of 95% year-on-year.</p>\n<p>After the financial misrepresentation came to light and the US Securities and Exchange Commission leviedhefty finesagainst the company, Luckin Coffee has attempted to revive its business byrestructuring debtandraising USD 250 million in April. The companysaid on Wednesdaythat it currently operates more than 5,200 stores throughout China.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2147181921","content_text":"Luckin Coffee rose 11% On Tuesday, and has surged more than 50% in the past week.\n\nLuckin Coffee released its audited 2019 financial statementson the evening of June 30, detailing thefraudcommitted by the company more than two years ago andadmitted to in April 2020.\nThe report shows Luckin Coffee’s fraudulent transactions began as early as April 2019, while it inflated operating income by RMB 2.12 billion (USD 327.7 million) for the entirety of 2019. Luckin Coffee’s revenue inflation increased throughout the year, totaling RMB 250 million (USD 38.6 million) in Q2 2019, RMB 700 million (USD 108.2 million) in Q3, and RMB 1.17 billion (USD 172.6 million) in Q4.\nWhile the company’s number of monthly transacting users increased sharply in 2019, largely due to a deluge of subsidies for free coffee, the number of cups of coffee consumed per user fell from around three in 2018 to 2.59 in 2019. Luckin Coffee recorded a net loss of RMB 3.16 billion (USD 488.4 million) in 2019, an increase of 95% year-on-year.\nAfter the financial misrepresentation came to light and the US Securities and Exchange Commission leviedhefty finesagainst the company, Luckin Coffee has attempted to revive its business byrestructuring debtandraising USD 250 million in April. The companysaid on Wednesdaythat it currently operates more than 5,200 stores throughout China.","news_type":1},"isVote":1,"tweetType":1,"viewCount":118,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":114873439,"gmtCreate":1623069582821,"gmtModify":1704195375296,"author":{"id":"3579523923334158","authorId":"3579523923334158","name":"Patrick2804","avatar":"https://static.tigerbbs.com/b642552c014b504c8b75e38c213ebff9","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579523923334158","authorIdStr":"3579523923334158"},"themes":[],"htmlText":"Hmm","listText":"Hmm","text":"Hmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/114873439","repostId":"1122556332","repostType":4,"isVote":1,"tweetType":1,"viewCount":37,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":118451557,"gmtCreate":1622757841779,"gmtModify":1704190437963,"author":{"id":"3579523923334158","authorId":"3579523923334158","name":"Patrick2804","avatar":"https://static.tigerbbs.com/b642552c014b504c8b75e38c213ebff9","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579523923334158","authorIdStr":"3579523923334158"},"themes":[],"htmlText":"Interesting","listText":"Interesting","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/118451557","repostId":"2140247164","repostType":4,"repost":{"id":"2140247164","pubTimestamp":1622730037,"share":"https://ttm.financial/m/news/2140247164?lang=&edition=fundamental","pubTime":"2021-06-03 22:20","market":"us","language":"en","title":"Is It Time to Buy the Dow Jones' 3 Worst Performing May Stocks?","url":"https://stock-news.laohu8.com/highlight/detail?id=2140247164","media":"Motley Fool","summary":"These are the last three names you want to see weakness from right now.","content":"<p>Most of the time, one stock's single-digit percentage rise or fall in any given month isn't all that interesting. It happens. Stocks are supposed to ebb and flow.</p>\n<p>That's what makes last month's small sell-offs from <b>Apple</b> (NASDAQ:AAPL), <b><a href=\"https://laohu8.com/S/V\">Visa</a></b> (NYSE:V), and<b> Walt Disney </b>(NYSE:DIS) so unremarkable. While these Dow components lost more ground than any of their Dow counterparts, the worst-performing of these -- Apple -- still only fell 5% in May. It remains the king of consumer tech, and plenty of investors are using the pullback as a buying opportunity.</p>\n<p>Before you follow suit, however, take a step back and look at the bigger dynamic. The Dow's three biggest losers in May are not only the names most likely to benefit from a post-pandemic reopening, they're also the same very names that have led the<b> Dow Jones Industrial Average</b> (DJINDICES:^DJI) higher over the course of the past several months. To see these leaders suddenly turn into laggards is a hint of a big shift in investor sentiment that just might work against the broad market for a while.</p>\n<h2>From leaders to laggards</h2>\n<p>Although the Dow advanced 2% last month, Apple, Visa, and Disney shares fell 5%, 4%, and 3%, respectively, in May, holding the Dow Jones Industrial Average back more than any of the other names that make up the index. But all the figures are fairly modest.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c7dbf02119c7b8c7af6ed661b0dc7519\" tg-width=\"700\" tg-height=\"495\"><span>Image source: Getty Images.</span></p>\n<p>Read between the lines, though: Something's changed.</p>\n<p>Sure, you could argue that Disney's disappointing subscriber growth for its Disney+ streaming service is the culprit for its weakness. The thing is, Disney shares were already peeling back from their March peak when that news hit last month. Visa's rally lasted all the way through its late-April peak at a record high of $237.50 before it began to weaken, largely in response to last quarter's results. While hardly horrifying, the 2% slide of its top and bottom lines loosely suggests whatever reopening benefit the payment company is going to reap has already been mostly reaped. And as for Apple, its all-time peak came all the way back in January. While its fiscal second-quarter numbers posted at the end of April were nothing less than stellar (sales were up 54% year over year to reach a new Q2 record), the market chose to see the proverbial glass as half empty rather than half full. The company also says it's feeling the impact of the chip shortage.</p>\n<p>Yet none of these are the sorts of challenges that would have dragged these stocks lower in the recent past. To see three of the Dow's very best performers start to lag simultaneously is telling, not so much about these three companies, but about investors' broad perceptions of the market's current health.</p>\n<h2>Right on cue</h2>\n<p>And curiously, these clues are taking shape exactly when you'd expect them to.</p>\n<p>While most long-term investors shouldn't be timing their entries and exits to correspond with what looks like the market's lows and highs, it would be naive to ignore how the major indexes entered this year's \"sell in May\" period well above where they'd normally be. As of the end of April the <b>S&amp;P 500</b> was up 11.5% from the end of 2020, when it would normally be up on the order of 3.4%. Last month's weakness filled in some of that gap, but most of it remains unfilled.</p>\n<p class=\"t-img-caption\"><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F629163%2F060121-sp500-average.png&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"469\"><span>Data source: Thomson Reuters. Chart by author.</span></p>\n<p>And lest you think this year's bullish start is merely the back end of last year's rebound from a strong sell-off when the coronavirus pandemic began in the United States, it isn't.</p>\n<p>Although the S&amp;P 500 was down as much as 35% in early 2020, it ended that year 16% higher than where it started it. This year's big gains simply move the market deeper into overbought territory, further ripening it for the sort of profit taking we're seeing take shape now. With influential names like Apple and Disney setting the tone, other stocks may soon mirror their weakness.</p>\n<h2>A simple answer</h2>\n<p>So to answer the question, no, the Dow's May laggards aren't buys here -- at least not yet.</p>\n<p>That doesn't necessarily make them sells if you currently own them, particularly if there are tax consequences of selling. All three are still fine companies with a bright future. The red flags waving here are simply pointing to weakness mostly stemming from profit taking, but don't signal the onset of a full-blown bear market.</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>Is It Time to Buy the Dow Jones' 3 Worst Performing May Stocks?</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\">\nIs It Time to Buy the Dow Jones' 3 Worst Performing May Stocks?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-03 22:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/06/03/is-it-time-to-buy-the-dow-jones-3-worst-performing/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Most of the time, one stock's single-digit percentage rise or fall in any given month isn't all that interesting. It happens. Stocks are supposed to ebb and flow.\nThat's what makes last month's small ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/03/is-it-time-to-buy-the-dow-jones-3-worst-performing/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"V":"Visa","DIS":"迪士尼","AAPL":"苹果"},"source_url":"https://www.fool.com/investing/2021/06/03/is-it-time-to-buy-the-dow-jones-3-worst-performing/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2140247164","content_text":"Most of the time, one stock's single-digit percentage rise or fall in any given month isn't all that interesting. It happens. Stocks are supposed to ebb and flow.\nThat's what makes last month's small sell-offs from Apple (NASDAQ:AAPL), Visa (NYSE:V), and Walt Disney (NYSE:DIS) so unremarkable. While these Dow components lost more ground than any of their Dow counterparts, the worst-performing of these -- Apple -- still only fell 5% in May. It remains the king of consumer tech, and plenty of investors are using the pullback as a buying opportunity.\nBefore you follow suit, however, take a step back and look at the bigger dynamic. The Dow's three biggest losers in May are not only the names most likely to benefit from a post-pandemic reopening, they're also the same very names that have led the Dow Jones Industrial Average (DJINDICES:^DJI) higher over the course of the past several months. To see these leaders suddenly turn into laggards is a hint of a big shift in investor sentiment that just might work against the broad market for a while.\nFrom leaders to laggards\nAlthough the Dow advanced 2% last month, Apple, Visa, and Disney shares fell 5%, 4%, and 3%, respectively, in May, holding the Dow Jones Industrial Average back more than any of the other names that make up the index. But all the figures are fairly modest.\nImage source: Getty Images.\nRead between the lines, though: Something's changed.\nSure, you could argue that Disney's disappointing subscriber growth for its Disney+ streaming service is the culprit for its weakness. The thing is, Disney shares were already peeling back from their March peak when that news hit last month. Visa's rally lasted all the way through its late-April peak at a record high of $237.50 before it began to weaken, largely in response to last quarter's results. While hardly horrifying, the 2% slide of its top and bottom lines loosely suggests whatever reopening benefit the payment company is going to reap has already been mostly reaped. And as for Apple, its all-time peak came all the way back in January. While its fiscal second-quarter numbers posted at the end of April were nothing less than stellar (sales were up 54% year over year to reach a new Q2 record), the market chose to see the proverbial glass as half empty rather than half full. The company also says it's feeling the impact of the chip shortage.\nYet none of these are the sorts of challenges that would have dragged these stocks lower in the recent past. To see three of the Dow's very best performers start to lag simultaneously is telling, not so much about these three companies, but about investors' broad perceptions of the market's current health.\nRight on cue\nAnd curiously, these clues are taking shape exactly when you'd expect them to.\nWhile most long-term investors shouldn't be timing their entries and exits to correspond with what looks like the market's lows and highs, it would be naive to ignore how the major indexes entered this year's \"sell in May\" period well above where they'd normally be. As of the end of April the S&P 500 was up 11.5% from the end of 2020, when it would normally be up on the order of 3.4%. Last month's weakness filled in some of that gap, but most of it remains unfilled.\nData source: Thomson Reuters. Chart by author.\nAnd lest you think this year's bullish start is merely the back end of last year's rebound from a strong sell-off when the coronavirus pandemic began in the United States, it isn't.\nAlthough the S&P 500 was down as much as 35% in early 2020, it ended that year 16% higher than where it started it. This year's big gains simply move the market deeper into overbought territory, further ripening it for the sort of profit taking we're seeing take shape now. With influential names like Apple and Disney setting the tone, other stocks may soon mirror their weakness.\nA simple answer\nSo to answer the question, no, the Dow's May laggards aren't buys here -- at least not yet.\nThat doesn't necessarily make them sells if you currently own them, particularly if there are tax consequences of selling. All three are still fine companies with a bright future. The red flags waving here are simply pointing to weakness mostly stemming from profit taking, but don't signal the onset of a full-blown bear market.","news_type":1},"isVote":1,"tweetType":1,"viewCount":100,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":157547232,"gmtCreate":1625597773226,"gmtModify":1703744633115,"author":{"id":"3579523923334158","authorId":"3579523923334158","name":"Patrick2804","avatar":"https://static.tigerbbs.com/b642552c014b504c8b75e38c213ebff9","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579523923334158","idStr":"3579523923334158"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/157547232","repostId":"2147181921","repostType":4,"isVote":1,"tweetType":1,"viewCount":118,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":118451557,"gmtCreate":1622757841779,"gmtModify":1704190437963,"author":{"id":"3579523923334158","authorId":"3579523923334158","name":"Patrick2804","avatar":"https://static.tigerbbs.com/b642552c014b504c8b75e38c213ebff9","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579523923334158","idStr":"3579523923334158"},"themes":[],"htmlText":"Interesting","listText":"Interesting","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/118451557","repostId":"2140247164","repostType":4,"isVote":1,"tweetType":1,"viewCount":100,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":114873439,"gmtCreate":1623069582821,"gmtModify":1704195375296,"author":{"id":"3579523923334158","authorId":"3579523923334158","name":"Patrick2804","avatar":"https://static.tigerbbs.com/b642552c014b504c8b75e38c213ebff9","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579523923334158","idStr":"3579523923334158"},"themes":[],"htmlText":"Hmm","listText":"Hmm","text":"Hmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/114873439","repostId":"1122556332","repostType":4,"repost":{"id":"1122556332","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":1623066392,"share":"https://ttm.financial/m/news/1122556332?lang=&edition=fundamental","pubTime":"2021-06-07 19:46","market":"us","language":"en","title":"Toplines Before US Market Open on Monday","url":"https://stock-news.laohu8.com/highlight/detail?id=1122556332","media":"Tiger Newspress","summary":"U.S. stock futures were relatively flat Monday after theDow Jones Industrial Average, S&P 500 and Na","content":"<ul><li>U.S. stock futures&nbsp;were relatively flat Monday after theDow Jones Industrial Average, S&amp;P 500 and Nasdaq rallied on Friday.</li><li>AMC shares muted after skyrocketing in a wild trading week</li><li>Tesla dropped in premarket trading after canceling plans for a longer-range sedan.</li></ul><p>(June 7)&nbsp;U.S. equity-index futures were mixed, paring earlier losses, as investors weighed inflation risks and the impact of a minimum corporate tax on technology firms. Treasuries fell, while the dollar erased a gain.</p><p>Futures on the Nasdaq 100 declined, while contracts on S&amp;P 500 and Dow Jones Industrial Average were little changed.</p><p>At 7:48 a.m. ET, Dow e-minis were up 29 points, or 0.08%, S&amp;P 500 e-minis were down 2.25 points, or 0.05%, and Nasdaq 100 e-minis were down 26.75 points, or 0.19%.</p><p><img src=\"https://static.tigerbbs.com/7809f0cc561549e03bb88eba51a7637a\" tg-width=\"1242\" tg-height=\"487\" referrerpolicy=\"no-referrer\"></p><p><b>Investors were wary how shares of major tech firms would react to the G7’s agreement on a minimum global corporate tax rate of at least 15%,</b> although securing approval not to mention enforcement from the whole G20 could be a tall order. So far, the reaction was muted with Nasdaq futures down 0.4%, highlighting investor concern that a pure growth narrative may no longer be enough to support stocks. Technology shares underperformed in Europe as well, with the benchmark gauge for the sector falling from the highest level since April.</p><p>“I would assume that it (the tax deal) is not helping the market in the sense that these Internet giants are going to be taxed more....it has an impact on sentiment in equity markets, but the reality is it has already been priced in,” said Sebastien Galy, senior macro strategist at Nordea Asset Management. “So even though equity markets in the U.S. are under pressure on the futures side, I’d expect it not to last till the end of the day.”</p><p><b>Tesla fell 0.34</b>% in&nbsp;premarket&nbsp;trading,&nbsp;after Chief Executive Officer Elon Musk tweeted on Sunday the Model S Plaid+ will be canceled.</p><p><img src=\"https://static.tigerbbs.com/da04a6ee3c5f4dd4a76857103639e610\" tg-width=\"662\" tg-height=\"439\" referrerpolicy=\"no-referrer\">Shares of&nbsp;AMC Entertainmentwere muted in Monday's premarket after in a wild week that saw the stock surge more than 80% despite declines Thursday and Friday. The movie theater chain last week sold addition shares in two tranches,raising some $817 million. CEO Adam Aron told YouTube host and AMC shareholder Trey Collins that the company wants to issue an additional 25 million shares.</p><p><img src=\"https://static.tigerbbs.com/154a049f1c3b5f5352fb2aac7a6fc6c6\" tg-width=\"662\" tg-height=\"439\" referrerpolicy=\"no-referrer\"></p><p>The 10-year rate added two basis points after Treasury Secretary Janet Yellen said on Sunday a slightly higher interest-rate environment would be a plus.</p><p>Oil in New York slipped after rising to $70 per barrel as short-term demand worries continued.</p><p>Bitcoin rebounded above $36,500 after a roller-coaster ride over the weekend amid a cryptocurrency crackdown in China.</p><p><b>Stocks making the biggest moves in the premarket:</b></p><p><b>1)&nbsp;Amazon.com(AMZN)</b> – CEO Jeff Bezos announced that he and his brother Markwill join an auction winneraboard the first human spaceflight by Bezos' Blue Origin on July 20. Bezos is set to step down as Amazon CEO on July 5 in favor of Andy Jassy.</p><p><b>2)&nbsp;U.S. Concrete(USCR) </b>– The concrete supplier agreed to be bought by construction materials makerVulcan Materials(VMC) for $74 per share in cash, or about $1.29 billion. That's a nearly 30% premium over U.S. Concrete's Friday closing price of $57.14. U.S. Concrete shares soared 27.7% in premarket action.</p><p><b>3)&nbsp;G-III Apparel(GIII) </b>– The apparel maker reported quarterly earnings of 53 cents per share, compared to a 15 cents a share consensus estimate. Revenue also came in above Wall Street forecasts. G-III issued an upbeat full-year outlook as well, noting growth in sales of its sportswear and wear-to-work attire. Its shares rallied 5.8% in premarket trading.</p><p><b>4)&nbsp;Blackstone(BX),Carlyle Group(CG) </b>– The two private-equity firms, along with Hellman &amp; Friedman, agreed to buy medical supplies company Medline Industries for about $34 billion including debt, according to people familiar with the matter who spoke to The Wall Street Journal. That would be the largest leveraged buyout deal since the 2008 financial crisis. Separately, the Journal reports that Blackstone will announce a deal to buy data center operatorQTS Realty Trust(QTS) for $6.7 billion. QTS shares leaped 19.8% in the premarket.</p><p><b>5)&nbsp;“Meme” stocks</b> – These stocks will remain in the spotlight, after wide swings last week for the likes ofAMC Entertainment(AMC),Bed Bath &amp; Beyond(BBBY),GameStop(GME),BlackBerry(BB) andKoss Corp(KOSS). The biggest premarket moves came from BlackBerry, up 1.4% and Koss, down 2.7%.</p><p><b>6)&nbsp;Lordstown Motors(RIDE) </b>– Lordstown Motors received a delinquency notice from Nasdaq due to a late filing for its quarterly report. The electric vehicle company said it does intend to file its form 10-Q as soon as possible.</p><p><b>7)&nbsp;Biogen(BIIB) </b>– The drugmaker’s shares gained 2.2% in the premarket ahead of an expected ruling by the Food and Drug Administration on Biogen’s experimental Alzheimer’s treatment aducanumab. The drug would be the first major drug approved for Alzheimer’s, but some experts say there’s not enough evidence the treatment provides meaningful benefit.</p><p><b>8)&nbsp;Tesla(TSLA) </b>– Teslahas canceled productionof its planned Tesla Model S Plaid+, a high-end version of the Model S with a projected range of 520 miles. The Tesla Model S Plaid – with a projected range of 390 miles – is set to be released next week.</p><p><b>9)&nbsp;Microsoft(MSFT) </b>– Microsoft won approval from U.S. antitrust regulators for its $16 billion deal to buy artificial intelligence companyNuance Communications(NUAN). Microsoft said reviews are still taking place in other jurisdictions, but that it expected to close the deal by the end of 2021.</p><p><b>10)&nbsp;KKR(KKR)</b> – KKR will buy airport services company Atlantic Aviation from current ownerMacquarie Infrastructure(MIC) for nearly $4.5 billion, seeking to benefit from growing demand for private jet services. KKR added 1.5% in premarket action.</p><p><b>11)&nbsp;Visa(V)</b> – Visa was upgraded to “overweight” from “neutral” at Piper Sandler, which said it expected the payments network operator to benefit more from the vaccine-driven U.S. recovery than rivalMastercard(MA). Visa added 1.1% in the premarket.</p><p><b>12)&nbsp;Peloton(PTON) </b>– The fitness equipment maker was rated “buy” in new coverage at Loop Capital, which notes a 40% drop from January highs and an expectation that the financial impact of the company’s treadmill recalls is likely overstated. Peloton rose 1.2% in premarket trading.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Toplines Before US Market Open on Monday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nToplines Before US Market Open on Monday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-06-07 19:46</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul><li>U.S. stock futures&nbsp;were relatively flat Monday after theDow Jones Industrial Average, S&amp;P 500 and Nasdaq rallied on Friday.</li><li>AMC shares muted after skyrocketing in a wild trading week</li><li>Tesla dropped in premarket trading after canceling plans for a longer-range sedan.</li></ul><p>(June 7)&nbsp;U.S. equity-index futures were mixed, paring earlier losses, as investors weighed inflation risks and the impact of a minimum corporate tax on technology firms. Treasuries fell, while the dollar erased a gain.</p><p>Futures on the Nasdaq 100 declined, while contracts on S&amp;P 500 and Dow Jones Industrial Average were little changed.</p><p>At 7:48 a.m. ET, Dow e-minis were up 29 points, or 0.08%, S&amp;P 500 e-minis were down 2.25 points, or 0.05%, and Nasdaq 100 e-minis were down 26.75 points, or 0.19%.</p><p><img src=\"https://static.tigerbbs.com/7809f0cc561549e03bb88eba51a7637a\" tg-width=\"1242\" tg-height=\"487\" referrerpolicy=\"no-referrer\"></p><p><b>Investors were wary how shares of major tech firms would react to the G7’s agreement on a minimum global corporate tax rate of at least 15%,</b> although securing approval not to mention enforcement from the whole G20 could be a tall order. So far, the reaction was muted with Nasdaq futures down 0.4%, highlighting investor concern that a pure growth narrative may no longer be enough to support stocks. Technology shares underperformed in Europe as well, with the benchmark gauge for the sector falling from the highest level since April.</p><p>“I would assume that it (the tax deal) is not helping the market in the sense that these Internet giants are going to be taxed more....it has an impact on sentiment in equity markets, but the reality is it has already been priced in,” said Sebastien Galy, senior macro strategist at Nordea Asset Management. “So even though equity markets in the U.S. are under pressure on the futures side, I’d expect it not to last till the end of the day.”</p><p><b>Tesla fell 0.34</b>% in&nbsp;premarket&nbsp;trading,&nbsp;after Chief Executive Officer Elon Musk tweeted on Sunday the Model S Plaid+ will be canceled.</p><p><img src=\"https://static.tigerbbs.com/da04a6ee3c5f4dd4a76857103639e610\" tg-width=\"662\" tg-height=\"439\" referrerpolicy=\"no-referrer\">Shares of&nbsp;AMC Entertainmentwere muted in Monday's premarket after in a wild week that saw the stock surge more than 80% despite declines Thursday and Friday. The movie theater chain last week sold addition shares in two tranches,raising some $817 million. CEO Adam Aron told YouTube host and AMC shareholder Trey Collins that the company wants to issue an additional 25 million shares.</p><p><img src=\"https://static.tigerbbs.com/154a049f1c3b5f5352fb2aac7a6fc6c6\" tg-width=\"662\" tg-height=\"439\" referrerpolicy=\"no-referrer\"></p><p>The 10-year rate added two basis points after Treasury Secretary Janet Yellen said on Sunday a slightly higher interest-rate environment would be a plus.</p><p>Oil in New York slipped after rising to $70 per barrel as short-term demand worries continued.</p><p>Bitcoin rebounded above $36,500 after a roller-coaster ride over the weekend amid a cryptocurrency crackdown in China.</p><p><b>Stocks making the biggest moves in the premarket:</b></p><p><b>1)&nbsp;Amazon.com(AMZN)</b> – CEO Jeff Bezos announced that he and his brother Markwill join an auction winneraboard the first human spaceflight by Bezos' Blue Origin on July 20. Bezos is set to step down as Amazon CEO on July 5 in favor of Andy Jassy.</p><p><b>2)&nbsp;U.S. Concrete(USCR) </b>– The concrete supplier agreed to be bought by construction materials makerVulcan Materials(VMC) for $74 per share in cash, or about $1.29 billion. That's a nearly 30% premium over U.S. Concrete's Friday closing price of $57.14. U.S. Concrete shares soared 27.7% in premarket action.</p><p><b>3)&nbsp;G-III Apparel(GIII) </b>– The apparel maker reported quarterly earnings of 53 cents per share, compared to a 15 cents a share consensus estimate. Revenue also came in above Wall Street forecasts. G-III issued an upbeat full-year outlook as well, noting growth in sales of its sportswear and wear-to-work attire. Its shares rallied 5.8% in premarket trading.</p><p><b>4)&nbsp;Blackstone(BX),Carlyle Group(CG) </b>– The two private-equity firms, along with Hellman &amp; Friedman, agreed to buy medical supplies company Medline Industries for about $34 billion including debt, according to people familiar with the matter who spoke to The Wall Street Journal. That would be the largest leveraged buyout deal since the 2008 financial crisis. Separately, the Journal reports that Blackstone will announce a deal to buy data center operatorQTS Realty Trust(QTS) for $6.7 billion. QTS shares leaped 19.8% in the premarket.</p><p><b>5)&nbsp;“Meme” stocks</b> – These stocks will remain in the spotlight, after wide swings last week for the likes ofAMC Entertainment(AMC),Bed Bath &amp; Beyond(BBBY),GameStop(GME),BlackBerry(BB) andKoss Corp(KOSS). The biggest premarket moves came from BlackBerry, up 1.4% and Koss, down 2.7%.</p><p><b>6)&nbsp;Lordstown Motors(RIDE) </b>– Lordstown Motors received a delinquency notice from Nasdaq due to a late filing for its quarterly report. The electric vehicle company said it does intend to file its form 10-Q as soon as possible.</p><p><b>7)&nbsp;Biogen(BIIB) </b>– The drugmaker’s shares gained 2.2% in the premarket ahead of an expected ruling by the Food and Drug Administration on Biogen’s experimental Alzheimer’s treatment aducanumab. The drug would be the first major drug approved for Alzheimer’s, but some experts say there’s not enough evidence the treatment provides meaningful benefit.</p><p><b>8)&nbsp;Tesla(TSLA) </b>– Teslahas canceled productionof its planned Tesla Model S Plaid+, a high-end version of the Model S with a projected range of 520 miles. The Tesla Model S Plaid – with a projected range of 390 miles – is set to be released next week.</p><p><b>9)&nbsp;Microsoft(MSFT) </b>– Microsoft won approval from U.S. antitrust regulators for its $16 billion deal to buy artificial intelligence companyNuance Communications(NUAN). Microsoft said reviews are still taking place in other jurisdictions, but that it expected to close the deal by the end of 2021.</p><p><b>10)&nbsp;KKR(KKR)</b> – KKR will buy airport services company Atlantic Aviation from current ownerMacquarie Infrastructure(MIC) for nearly $4.5 billion, seeking to benefit from growing demand for private jet services. KKR added 1.5% in premarket action.</p><p><b>11)&nbsp;Visa(V)</b> – Visa was upgraded to “overweight” from “neutral” at Piper Sandler, which said it expected the payments network operator to benefit more from the vaccine-driven U.S. recovery than rivalMastercard(MA). Visa added 1.1% in the premarket.</p><p><b>12)&nbsp;Peloton(PTON) </b>– The fitness equipment maker was rated “buy” in new coverage at Loop Capital, which notes a 40% drop from January highs and an expectation that the financial impact of the company’s treadmill recalls is likely overstated. Peloton rose 1.2% in premarket trading.</p>\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"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122556332","content_text":"U.S. stock futures were relatively flat Monday after theDow Jones Industrial Average, S&P 500 and Nasdaq rallied on Friday.AMC shares muted after skyrocketing in a wild trading weekTesla dropped in premarket trading after canceling plans for a longer-range sedan.(June 7) U.S. equity-index futures were mixed, paring earlier losses, as investors weighed inflation risks and the impact of a minimum corporate tax on technology firms. Treasuries fell, while the dollar erased a gain.Futures on the Nasdaq 100 declined, while contracts on S&P 500 and Dow Jones Industrial Average were little changed.At 7:48 a.m. ET, Dow e-minis were up 29 points, or 0.08%, S&P 500 e-minis were down 2.25 points, or 0.05%, and Nasdaq 100 e-minis were down 26.75 points, or 0.19%.Investors were wary how shares of major tech firms would react to the G7’s agreement on a minimum global corporate tax rate of at least 15%, although securing approval not to mention enforcement from the whole G20 could be a tall order. So far, the reaction was muted with Nasdaq futures down 0.4%, highlighting investor concern that a pure growth narrative may no longer be enough to support stocks. Technology shares underperformed in Europe as well, with the benchmark gauge for the sector falling from the highest level since April.“I would assume that it (the tax deal) is not helping the market in the sense that these Internet giants are going to be taxed more....it has an impact on sentiment in equity markets, but the reality is it has already been priced in,” said Sebastien Galy, senior macro strategist at Nordea Asset Management. “So even though equity markets in the U.S. are under pressure on the futures side, I’d expect it not to last till the end of the day.”Tesla fell 0.34% in premarket trading, after Chief Executive Officer Elon Musk tweeted on Sunday the Model S Plaid+ will be canceled.Shares of AMC Entertainmentwere muted in Monday's premarket after in a wild week that saw the stock surge more than 80% despite declines Thursday and Friday. The movie theater chain last week sold addition shares in two tranches,raising some $817 million. CEO Adam Aron told YouTube host and AMC shareholder Trey Collins that the company wants to issue an additional 25 million shares.The 10-year rate added two basis points after Treasury Secretary Janet Yellen said on Sunday a slightly higher interest-rate environment would be a plus.Oil in New York slipped after rising to $70 per barrel as short-term demand worries continued.Bitcoin rebounded above $36,500 after a roller-coaster ride over the weekend amid a cryptocurrency crackdown in China.Stocks making the biggest moves in the premarket:1) Amazon.com(AMZN) – CEO Jeff Bezos announced that he and his brother Markwill join an auction winneraboard the first human spaceflight by Bezos' Blue Origin on July 20. Bezos is set to step down as Amazon CEO on July 5 in favor of Andy Jassy.2) U.S. Concrete(USCR) – The concrete supplier agreed to be bought by construction materials makerVulcan Materials(VMC) for $74 per share in cash, or about $1.29 billion. That's a nearly 30% premium over U.S. Concrete's Friday closing price of $57.14. U.S. Concrete shares soared 27.7% in premarket action.3) G-III Apparel(GIII) – The apparel maker reported quarterly earnings of 53 cents per share, compared to a 15 cents a share consensus estimate. Revenue also came in above Wall Street forecasts. G-III issued an upbeat full-year outlook as well, noting growth in sales of its sportswear and wear-to-work attire. Its shares rallied 5.8% in premarket trading.4) Blackstone(BX),Carlyle Group(CG) – The two private-equity firms, along with Hellman & Friedman, agreed to buy medical supplies company Medline Industries for about $34 billion including debt, according to people familiar with the matter who spoke to The Wall Street Journal. That would be the largest leveraged buyout deal since the 2008 financial crisis. Separately, the Journal reports that Blackstone will announce a deal to buy data center operatorQTS Realty Trust(QTS) for $6.7 billion. QTS shares leaped 19.8% in the premarket.5) “Meme” stocks – These stocks will remain in the spotlight, after wide swings last week for the likes ofAMC Entertainment(AMC),Bed Bath & Beyond(BBBY),GameStop(GME),BlackBerry(BB) andKoss Corp(KOSS). The biggest premarket moves came from BlackBerry, up 1.4% and Koss, down 2.7%.6) Lordstown Motors(RIDE) – Lordstown Motors received a delinquency notice from Nasdaq due to a late filing for its quarterly report. The electric vehicle company said it does intend to file its form 10-Q as soon as possible.7) Biogen(BIIB) – The drugmaker’s shares gained 2.2% in the premarket ahead of an expected ruling by the Food and Drug Administration on Biogen’s experimental Alzheimer’s treatment aducanumab. The drug would be the first major drug approved for Alzheimer’s, but some experts say there’s not enough evidence the treatment provides meaningful benefit.8) Tesla(TSLA) – Teslahas canceled productionof its planned Tesla Model S Plaid+, a high-end version of the Model S with a projected range of 520 miles. The Tesla Model S Plaid – with a projected range of 390 miles – is set to be released next week.9) Microsoft(MSFT) – Microsoft won approval from U.S. antitrust regulators for its $16 billion deal to buy artificial intelligence companyNuance Communications(NUAN). Microsoft said reviews are still taking place in other jurisdictions, but that it expected to close the deal by the end of 2021.10) KKR(KKR) – KKR will buy airport services company Atlantic Aviation from current ownerMacquarie Infrastructure(MIC) for nearly $4.5 billion, seeking to benefit from growing demand for private jet services. KKR added 1.5% in premarket action.11) Visa(V) – Visa was upgraded to “overweight” from “neutral” at Piper Sandler, which said it expected the payments network operator to benefit more from the vaccine-driven U.S. recovery than rivalMastercard(MA). Visa added 1.1% in the premarket.12) Peloton(PTON) – The fitness equipment maker was rated “buy” in new coverage at Loop Capital, which notes a 40% drop from January highs and an expectation that the financial impact of the company’s treadmill recalls is likely overstated. Peloton rose 1.2% in premarket trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":37,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}